IP Survey Results for RJK’s Blackwater East, West and Northeast Properties, Central BC
27 Novembre 2011 - 8:28AM
PR Newswire (Canada)
KIRKLAND LAKE, ON, Nov. 30, 2011 /CNW/ - RJK Explorations Ltd.
(RJX.A: TSV) ("RJK") is pleased to provide an update to its
exploration activities on its 15,040 hectare Blackwater East, West
Northeast and Dave2 properties, located in the Blackwater Gold
Camp, approximately 100 kilometers southwest of Vanderhoof, B.C.
The properties are contiguous to the east and west of New Gold's
Blackwater multi-million ounce bulk tonnage gold deposit. RJK has
completed 22.1 line kilometres of ground IP geophysics on three
distinct grids WBW 1, EBW 1, and EBW 2 located on the Blackwater
East, West and Northeast Properties. RJK engaged the services of SJ
Geophysics Ltd to conduct the survey and undertake a detailed
interpretation of the results. SJ Geophysics Ltd stated in their
report: "The survey results reveal several interesting regions
within both claim blocks that exhibit anomalous
resistivity/chargeability features possibly associated with
epithermal type of sulphide mineralization… WBW 1 grid reveals a
flat-lying layered resistivity pattern in all three short lines.
The models for the westernmost line capture a signature resembling
the response from a epithermal system: a small localized
chargeability high feature appears in the resistivity contact zone
and is accompanied by a resistive cap. This anomaly is open to the
west. All lines show a resistive bottom layer in the models. The
most prominent chargeability anomalies occur on the EBW 1 grid
where four areas of interest are outlined based on the occurrences
of chargeability anomalies accompanied by resistive cap/plug and
magnetic lineaments. The four geophysical target areas surround a
circular magnetic high which is situated in the western portion of
the grid. South of the East 1 grid, two areas of interest, located
in the southwestern corner and eastern edge of EBW 2 grid
respectively, are outlined. The large southwestern corner
chargeability high is situated immediately north of a circular
magnetic high and coincides with a large resistivity high. It is
possibly related to lithology or alteration such as silicification.
The chargeability anomalies in the eastern edge area are weak
responses and not well defined by the 2D models. However, they
appear to follow a north-northeast trend and are accompanied by
resistive caps. The area seems to be alteration related. The small
West 1 grid only covers a tiny portion of the Blackwater West claim
group." "We are delighted that our final stage of exploration to
this year's field season has further developed several large
deposit scale size, high quality chargeability IP targets which we
believe are located within an intrusive epithermal center. RJK
plans to drill test these targets as soon as the Provincial
government drill permits are received", said Glenn Kasner,
President of RJK Explorations. A compilation map of the RJK
Blackwater East and Northeast Properties along with associated 3D
inverted resistivity and chargeability models is now posted on the
Company's website. Fred Sharpley, PGeo., a qualified person under
National Instrument 43-101, has reviewed the technical contents of
this news release. Forward Looking Statements: includes statements
contained in this news release regarding discussions in respect of
a potential acquisition and funding arrangement and RJK's
expectations regarding same and the trading of its shares on the
TSX Venture Exchange. This forward-looking information reflects the
current expectations or beliefs of RJK based on information
currently available to it. Forward-looking information is subject
to a number of risks and uncertainties that may cause the actual
results of RJK to differ materially from those discussed in the
forward-looking information, and even if such actual results are
realized or substantially realized, there can be no assurance that
they will have the expected consequences to, or effects on, RJK.
Factors that could cause actual results or events to differ
materially from current expectations include, but are not limited
to: the failure of RJK to enter into an agreement in respect of
such arrangement; delays in obtaining or failure to obtain any
required regulatory and/or shareholder approval; and other factors.
Any forward-looking information speaks only as of the date on which
it is made. Although RJK believes that the assumptions inherent in
the forward-looking information are reasonable, forward-looking
information is not a guarantee of future performance and
accordingly undue reliance should not be put on such statements due
to the inherent uncertainty therein. Neither 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. RJK Explorations Ltd.
CONTACT: Glenn Kasner, President Vancouver Office:Telephone: (705)
567-5351 James (604) 565-5967Mobile: (705) 568-7567
james@rjkexplorations.comkasner1@ntl.aibn.comWebsite:
www.rjkexplorations.com
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