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RJK Explorations Ltd. (RJX.A) holds a 50% interest along with its joint-venture partner, Mistango Resources Inc., in the 1,400 hectare Goldie property, located in the Matawan Gold Belt, approximately 51 km west of Thunder Bay, Ontario.
Historical work on the property has demonstrated that significant gold mineralized zones exist within the property. A total of 1767 meters of diamond drilling was completed prior to 2006. During the latter part of 2006, a program consisting of approximately 65 km of line cutting and 60 km of Phase IP geophysical surveying was completed covering a 3.2 km strike. Numerous anomalies were depicted from the survey, some in close relationship to the previous drilling as well as the surface showings.
This new, non-outcropping structure appears to have hundreds of meters of strike based on IP data and the depth potential is untested since all the drilling has only tested the property to approximately 120 metres true vertical depth.
Two drilling programs were completed in 2007 and the assay results show that further drilling is warranted in the area between section 11300E and 11800E.
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© Copyright 2022 insidexploration.com | Multimedia and analytical due diligence database for the investing community | Contact us: insidexploration@gmail.com