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RJK Explorations Drills Kimberlite in Six Additional Holes at Paradis Pond; Expands the Kimberlite Body to 985 m in Length by 380 m in Width

by MikeyMike426
October 22, 2020
in RJX, RJX News
0
RJK Explorations Bishop and KON Claim Gallery

Kirkland Lake, Ontario – October 21, 2020 – RJK Explorations Ltd. (TSXV: RJX.A) (OTC: RJKAF) (‘RJK’ or ‘the Company’) is pleased to announce that the Company has intersected kimberlite in six additional drill holes in the Paradis Pond/Goodwin Lake area of the Bishop Property, extending the NW to SE trend to over 985 m, establishing a new E-W drill fence over 380 m.

The uniform kimberlite along the NW to SE drill fence from holes PP-20-09 to PP-20-16 visually corresponds to RJK’s reported kimberlite from Paradis Pond in 2019 that returned 18 microdiamonds, varying in colour, from a 22.4 kg sample and kimberlite intersects from PP-20-01 to PP-20-10 (news releases April 1, 2020, August 31, 2020, and September 29, respectively). An E-W fence, represented by holes 9, 10, 11 and 12, covers a distance of 380 m. The kimberlite varies between 1.1 m to 23.5 m in true thickness, beginning as shallow as 2.5 m from surface, and appears to thicken to the southwest towards the Goodwin Lake Basin. 16 holes from 2020 in the Paradis kimberlite are unconformably draped on top of granite/diabase bedrock surfaces.

PARADIS POND DRILLING SUMMARY: OCTOBER 2020
HOLE IDEASTINGNORTHINGELEVATIONLENGTHAZIMUTHDIPKIMBERLITE
From (m)To (m)True Thickness (m)
PP-20-11606944524190035011.15360/180-9058.33.3
PP-20-1260706952419503505.1360/180-9034.11.1
PP-20-13606800524213434618.75360/180-902.516.2513.8
PP-20-146065875241900309121255-507.120.959.7
PP-20-156067415241515309100255-5013.219.34.3
PP-20-16606859524151531871255-507.140.6523.5

The EM conductance map has been updated to include RJK’s next drill target which the company named “Gleeson.” 15 of the 16 kimberlite intersections from 2020 fall within the footprint of the regional airborne conductance anomaly measuring approximately 87 hectares. Hole PP-20-12 was drilled outside the anomaly to test the east boundary of the kimberlite horizon, and intersected 1.1 m of kimberlite, suggesting the 87 hectare boundary of the EM conductance map likely expands further.


Nipissing Diamond Project

https://orders.newsfilecorp.com/files/1526/66511_84f226e6948f2a37_001full.jpg

The 160 kg sample (news release September 29,2020) has been received in Charles E Fipke’s CFM Lab in Kelowna BC and the processing of the kimberlite has begun and drilling will continue with hole PP-20-17 with a 400 m step out from hole PP-20-16.

Peter Hubacheck, RJK Explorations’ Project Manager commented, “After drilling a remarkable 16 drill holes we are beginning to see that we have something truly unique and a semblance of a deposit is being revealed to us.”

RJK has published new historical information possibly relating to the Nipissing Diamond. A group of New Yorkers staked land claims within 600 m of the Paradis conductance anomaly in February of 1907, three months after the Montreal Herald reported that Tiffany Expedition geological team was sent west of Lake Temiskaming to search for diamonds. Among them were brothers of the world-famous financier, Bernard Baruch. The Company has posted a new video and an investor presentation to the website.

Mr. Peter Hubacheck, P. Geo., Project Manager for RJK and the Qualified Person as defined by National Instrument 43-101 has approved the geotechnical disclosure in this release.

To Learn more about the Nipissing Diamond Project see the new Investor Presentation released by RJK Exploration below

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information:

This news release includes certain forward-looking statements, which may include, but are not limited to, statements concerning future mineral exploration and property option payments. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “will”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “propose” and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed or implied in this news release. Factors that could cause actual results to differ materially from those anticipated in this news release include, but are not limited to, the financial resources of the Corporation being inadequate to carry out its stated plans. RJK assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements except as required by applicable law.

Contact Information:

Glenn Kasner, President
Mobile: (705) 568-7567
info@rjkexplorations.com

Web Site: https://www.rjkexplorations.com/
Company Information: Tel: (705) 568-7445

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MikeyMike426

I am a 3rd generation miner who was born and raised in the silver capital of Canada, Cobalt, Ontario. For the last 10 years I have been invested in the mining sector and as a retail investor found it difficult gathering information on companies of interest. For this reason we created Insidexploration.com as a means to share our due diligence with investors all around the world. Disclosure The thoughts and opinions expressed in my articles and research reports are my own and do not represent those of the companies I write about. I often buy and sell the stocks I write about and may do so at any point in time without warning. Disclaimer My articles and research reports should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided is derived from sources believed to be accurate, but cannot be guaranteed. I do not take into account the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g. prohibitions to investments due to law, jurisdiction issues, etc.) which may exist for certain persons. I am not a registered financial advisors and one should always do your own due diligence and consult a licensed investment adviser prior to making any investment decisions. Always reference www.SEDAR.com for important risk disclosures.

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On May 10, we announced a new #nickel discovery at our Reid property. Two drill holes have been completed as part of our regional #exploration program, with the 2nd hole intersecting dunite across the entire core length.

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Amazing first day of #VRIC2022 with @DraganflyInc in Vancouver. If you're attending tomorrow be sure to stop by booth 829 to check us out and learn more! https://twitter.com/DraganflyInc/status/1526694467532513281

Amazing first day of #VRIC2022 with @DraganflyInc in Vancouver. If you're attending tomorrow be sure to stop by booth 829 to check us out and learn more! https://t.co/hPHQYhk24N
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The new @DraganflyInc Heavy Lift Drone made its debut today at The Vancouver Resource Investment Conference with our partners at @WGeotek. Stay tuned for more on this amazing drone! $DPRO

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On May 24 at 1pm ET/6pm GMT, Chair & CEO, Mark Selby will be joining Donald Leggatt for a @LondonSouthEast live webinar event. Tune in for a company presentation on our flagship Crawford #Nickel Project and more!

Register here: https://us02web.zoom.us/webinar/register/3816522592690/WN_7FT6Y5oCQoaX_4dU2zazBg

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