Followers | 78 |
Posts | 3525 |
Boards Moderated | 0 |
Alias Born | 03/07/2012 |
Wednesday, April 19, 2017 2:59:59 PM
TORONTO, ON / ACCESSWIRE / April 19, 2017 / RJK Explorations Ltd. (RJX-A.V) (OTC PINK: RJKAF) ("RJK") has begun Phase 2 of a 5,000 metre drill program at its 100% owned Maude Lake Gold deposit, located on the Pipestone fault within the Timmins-Matheson gold corridor.
Phase 1 of the drilling program was successful in further defining the 5 Zone at depths of less than 100 metres with intersections of 2.5 metres of 9.05 grams gold/t and 14 metres of 5.37 grams gold/t (true width are not determined at this time).
RJK believes the real potential for increasing the historic resource at the property lies with down plunge drilling below the 330 metre level, where historic drilling had returned high grade gold intersections, including 8.08 metres of 19.54 grams gold/t at the 375 metre level and 2.53 metres of 12.34 grams gold/t at the 475 metre level. The initial drill holes in this Phase 2 drilling will be targeting these areas.
William MacRae, M. Sc. P.Geo, is a Qualified Person as defined under National Instrument 43-101 standards and has supervised, reviewed the preparation, and approved the disclosure in the news release.
http://finance.yahoo.com/news/rjk-explorations-ltd-begins-phase-144400217.html
Disclaimer: Do not ever buy a stock because of my opinions ever because you can lose everything. Nothing I say is ever a recommendation, but just an opinion. Don't Buy, Don't Buy as Cramer would say on CNBC. Do your OWN DD.
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM