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Avante Announces Acquisition of 1446199 B.C. LTD.

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RJK Explorations: Shallow River Property

by Insidexploration
April 13, 2023
in RJX Projects
0
Shallow River Property

The Shallow River Property is a gold and base metal property comprised of 16 unpatented mineral claims consisting of 205 units with a total area of 3,280 hectares in two claim blocks located about 16 km NNE of the community of Matheson within the Larder Lake Mining Division, Province of Ontario. Access to the Property is by vehicle and ATV by way of roads that run north from Highway 101 East. The Property was acquired by staking in May of 2017 and RJK Explorations Ltd. holds a 100% interest in the Property. The Property West claim block hosts the Falls gold occurrence and part of a belt of ESE trending airborne electromagnetic (AEM) anomalies, interpreted to be hosted within felsic-intermediate volcanic rocks. The Property East claim block lies a few hundred metres north of the AEM belt and felsic –intermediate rocks that are interpreted to dip moderately north. Within the AEM belt south of the Property East claim block are occurrences of zinc, copper and lead. There are no mineral resources or mineral reserves within the Property boundaries.

The Property has received only sporadic exploration work, for both base metal and gold mineralization. The earliest reported work dates back to 1961 when the Ontario Department of Mines completed mapping programs of Coulson and Wilkie Townships. Exploration programs since have been small and include line cutting, geophysical surveys, geological mapping, and diamond drilling. A total of seven diamond holes have been drilled on the Property.

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The content published on Insidexploration.com is based on current events, historical data, company news releases, sedar filings, technical reports and information provided by the companies we work with. These publications may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.   The publications on Insidexploration.com are for informational and entertainment purposes only and are not a recommendation to buy or sell any security. Always do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Please be sure to read company profiles on www.SEDAR.com for important risk disclosures. 

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