VANCOUVER, BC, April 17,
2024 /CNW/ - Rokmaster Resources Corp. (TSXV:
RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company")
provides an update for its 100% owned Selkirk Project.
The Selkirk Project consists of three properties: (a) the
Keystone Property; (b) the Downie Gold Property; and (c) the Rift
Property located north of Revelstoke in southeastern British
Columbia (See Figure 1). These three properties were advanced
between 2021 and 2023 with positive results generated from field
work which included geological mapping, prospecting, channel
sampling, and soil sampling.
The 5,276 hectare Keystone Property is underlain by early
Paleozoic sedimentary and volcanic rocks of the Index Formation.
The northern extension of the mapped Akolkolex Thrust fault occurs
within and proximal to the property, providing potential for
orogenic-style gold mineralization. During one of the Company's
first visits to the Keystone Property in 2021, a historical trench
was found which exposes arsenopyrite mineralization grading 4.51
g/t Au, 274 g/t Ag, and 2.92% Zn in a grab sample. Replacement and
vein-hosted sphalerite and galena mineralization has been
discovered throughout the large Property during later field work
programs collecting grab samples (See Figure 2).
The 1,367 hectare Downie Gold Property covers a package
of Index and Aklolkolex Formation rocks situated between the
Goldstream Pluton and Long Creek
Stock. The Property hosts elevated gold in massive
pyrrhotite-pyrite-galena mineralization associated with discordant
stockwork veins and silicification in limestone rocks at the KJ
Zone. In 2022, channel sample KJ6 returned 7.51 g/t Au, 616.14 g/t
Ag, 7.93% Pb, and 1.72 % Zn over 3.50 meters. At the Melt Zone in
the western portion of the Downie Gold Property, skarn-style
massive pyrrhotite and sphalerite mineralization locally hosts
elevated gold proximal to the Goldstream Pluton. In 2023, a grab
sample was collected from a 3.0 m
wide garnet-diopside skarn horizon assayed 0.36% tungsten which is
located the northern limit of the 3.0 km long historically mapped
FIM skarn horizon on the east side of the Property. (See Figure 3).
The 299 hectare Rift Property hosts the Rift Showing
where grab samples collected in 2022 assayed up to 35.25% Zn, 8.60%
Pb from a stratabound massive sphalerite-galena horizon in pelitic
schist. The sulphide mineralization averages 1.0 metre in thickness
and is exposed for approximately 25 metres of strike length in the
incised creek gully of Rift Creek, before being lost under cover
(See Figure 4). Drillhole M-85-2 was completed in 1985
approximately 460 m east of the Rift
Showing and encountered 22.21% Zn and 4.82% Pb over 1.82 m and may represent the on-strike continuity
of the Rift stratiform zinc-lead massive sulphide
horizon1.
Field work to progress the Selkirk Project is planned for 2024
with a focus to follow-up on the success of the previous programs
and to search for additional mineralization. Exploration permits
including low-impact helicopter-supported diamond drilling have
been applied for on the Keystone and Downie
Gold properties in December
2023.
Footnote 1:
MacIntyre, D. 2010. Results of an Airborne VTEM and Magnetometer
Geophysical Survey and Follow-up Geochemical Sampling, Columbia
Belle Property, Southeast British Columbia, Canada. Assessment
Report for Goldstar Minerals Inc. BC Assessment Report Database
#31824.
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John Mirko, President and CEO, comments:
"Rokmaster plans to continue with our successful track record
of finding, expanding, and improving upon mineralized occurrences.
The Selkirk Project, a combination of gold and critical metals
targets, has shown very favourable results from relatively little
field work and we are excited to continue to explore them.
Rokmaster remains steadfast in evaluating new opportunities that
are suitable for significant technical enhancements."
The technical information in this news release has been prepared
in accordance with Canadian regulatory requirements as set out in
National Instrument 43-101 and reviewed and approved by
Eric Titley, P.Geo., who is
independent of Rokmaster and who acts as Rokmaster's Qualified
Person.
All figures and images hyperlinked can be found on Rokmaster's
website.
On Behalf of the Board of Directors of
Rokmaster Resources Corp.
John Mirko,
President & Chief Executive Officer.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term in defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
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release may contain forward-looking information within the meaning
of applicable securities laws ("forward-looking statements").
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
"expects," "plans," "anticipates," "believes," "intends,"
"estimates," 'projects," "potential" and similar expressions, or
that events or conditions "will," "would," "may," "could" or
"should" occur. These forward-looking statements are subject to a
variety of risks and uncertainties which could cause actual events
or results to differ materially from those reflected in the
forward-looking statements, including, without limitation: risks
related to fluctuations in metal prices; uncertainties related to
raising sufficient financing to fund the planned work in a timely
manner and on acceptable terms; changes in planned work resulting
from weather, logistical, technical or other factors; the
possibility that results of work will not fulfill expectations and
realize the perceived potential of the Company's properties; risk
of accidents, equipment breakdowns and labour disputes or other
unanticipated difficulties or interruptions; the possibility of
cost overruns or unanticipated expenses in the work program; the
risk of environmental contamination or damage resulting from
Rokmaster's operations and other risks and uncertainties. Any
forward-looking statement speaks only as of the date it is made
and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information,
future vents or results or otherwise.
SOURCE Rokmaster Resources Corp.