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RJK Explorations drills 14 m of 5.37 g/t Au at Maude

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RJK Explorations drills 14 m of 5.37 g/t Au at Maude

2017-02-07 13:13 ET – News Release

Also News Release (C-GMX) Globex Mining Enterprises Inc

Mr. Glenn Kasner of RJK Explorations reports

RJK INTERSECTS 5.37 GRAMS GOLD OVER 14 METRES AT MAUDE LAKE GOLD PROPERTY

RJK Explorations Ltd. has received assays for the first phase of four holes (578 metres) of a 5,000-metre drill program at its 100-per-cent-owned Maude Lake gold property, located on the Pipestone fault within the Timmins-Matheson gold corridor.

Results of the drilling are shown in the attached table.

Hole               From         To    Core length*     Gold               
                     (m)        (m)            (m)     (g/t) 

RJK17-01           74.4       77.7           3.30      2.10   
                  119.9      121.8            1.9     11.82
Including         119.9      120.4            0.5     36.84 
And              121.25      121.8           0.55      5.95  
RJK17-02           98.5      101.0            2.5      9.05 
Including          98.5       99.4            0.9      5.88
And                99.4      100.3            0.9     17.42 
RJK17-04           89.0      103.0           14.0      5.37
Including          89.0       90.0            1.0     12.49
And                98.0      103.0            5.0      9.86

* Interval along the hole. True width is unknown.

RJK17-03 was drilled to test adjacent stratigraphy and contained no significant values.

The initial drilling program was successful in further defining the 5 zone with its host stratigraphy. Additional drilling within the 5 zone is required to confirm the historical resource base and to upgrade the 5 zone into a National Instrument 43-101 resource estimate.

Last fall, the company implemented a dedicated program of data compilation to all historical work at Maude and brought that work into a modern UTM grid co-ordinate system and a comprehensive digital database using GEMCOM modelling software. Current and future work can now be added to this database to determine co-ordinates for drilling locations, resource estimates and determine the viability of the stripped open pit.

Glenn Kasner, president of RJK Explorations, commented: “Management is very encouraged by this first phase of drilling at Maude. It demonstrates the high-grade nature of the 5 zone, and I believe with additional drilling, the historic resource estimate can be confirmed and brought up to current standards for resource reporting. But, I believe the real potential lies with downplunge drilling below the 300 metres level, where historic drilling has returned such intersections as 19.54 g/t (grams per tonne) gold over 8.08 metres at the 375-metre level and 12.34 g/t gold over 2.53 metres at the 475-metre level.”

Quality assurance/quality control

The company has incorporated a rigorous quality assurance/quality control program for all its drill core handling and sampling procedures. A chain of custody is maintained for the drill core from the drill to core shack to assay lab. The samples are marked, and the core is sawn with attention to the same half of the sawn core always placed in the sample bag. Certified standards, blanks and reject duplicate are placed in within every sample batch. A batch consists of a specific number of samples dependant on the tray size of the lab performing the analysis. The standard and duplicate are inserted randomly within the sample batch, while the blank is inserted immediately after a sample that may be anomalous. The blank material is sawn core from a unit that appears unmineralized with gold in order to be able to test the crushing/pulverizing cleaning process.

William MacRae, MSc, PGeo, is a qualified person as defined under National Instrument 43-101 standards who has supervised, reviewed the preparation and approved the disclosure in the news release.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

 

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