VANCOUVER, BC, Feb. 18,
2025 /CNW/ - Rokmaster Resources Corp. (TSXV:
RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is
pleased to announce the approval of a three year exploration permit
on a portion of the Fox-Coconut Property.
The Fox-Coconut Property is the eastern of two Properties which
constitute the Nechako Project located in west-central British Columbia. The road accessible
Fox-Coconut Property and region features excellent infrastructure
by being located 20 kilometers southwest of the Endako Mine and
with active forestry operations ongoing in the area (Figure 1).
The eastern Coconut area of the Property is characterized as a
complex assemblage of volcanic and sedimentary rocks which host
several structurally controlled vein/dyke corridors. Detailed
prospecting from 2019 to 2022 sampled high-grade gold and silver
and coincident base metals over a broad zone of propylitic
alteration which surrounds a quartz-monzodiorite stock. This late
intrusive is interpreted to be Cretaceous in age and displays
moderate to strong muscovite-chlorite-epidote alteration with local
copper and molybdenite mineralization (Figure 2).
The Coconut area has received approval for a Multi-year Area
Based Exploration Permit ("MYAB Permit") which has an approval end
date of December 31, 2028. The MYAB
Permit allows for up to 15-line kilometers of IP geophysical
surveying, 10 exploration trenches, and 15 diamond drill sites with
associated exploration trails. The MYAB Permit area has been
subject to extensive salvage logging which created numerous roads
which can be used for exploration access.
John Mirko, President and CEO of
Rokmaster, stated "The Coconut area of the Fox-Coconut Property
was subject to several pulses of historical exploration activity
all focused on finding the source of a highly anomalous lake bottom
sediment sample in Island Lake
which was highlighted during a regional sampling program covering
the entire province. With the MYAB Permit now in hand, Rokmaster
has the opportunity to fully explore this world class target for
significant Cu-Au-Ag-Mo mineralization"
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.
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.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news
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.
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SOURCE Rokmaster Resources Corp.