Rjk Discovers New Kimberlite ON Kon Property
P.O. Box 1053, 4 Al Wende Avenue, Kirkland Lake, ON P2N 3L1 Tel: (705) 568-7956
“Searching for the Source of the 800 Carat Nipissing Diamond”
RJK DISCOVERS NEW KIMBERLITE ON KON PROPERTY
Kirkland Lake, Ontario – February 5, 2020 – RJK Explorations Ltd. (TSXV: RJX.A, US OTC: RJKAF) Is pleased
to announce preliminary drilling results and the discovery of new kimberlite on the Kon Property, located in
Gillies Twp. 11 km south of Cobalt, Ontario. RJK has completed 3 drill holes testing geophysical magnetic
high and low features, following up on drone magnetic surveys flown during January.
The KON 1 target was identified by the RJK Explorations team as a Mag Low anomaly which warranted
follow up given its proximity to the known kimberlite dike to the north on the Kon Claims. After completing
a preliminary hole on the Kon kimberlite dike, the drill rig was moved 400 meters to the south to test the
Kon 1 Mag Low where they intersected kimberlite within 11 meters of surface. Two holes were drilled on
the Magnetic Low signature, one was a vertical test hole to determine the composition of the
potential kimberlite target and the other was drilled at a minus 50 degree angle due west to test width and
geometry of the newly identified kimberlite.
President and CEO, Glenn Kasner stated, “We are very pleased with the initial drilling on the Kon Claims.
This new discovery of kimberlite in a world class mining camp is the result of a year of dedication by the RJK
team and I would like to thank them for their hard work."
TECHNICAL DESCRIPTION
The 1st hole [KON-20-01] tested a known kimberlite dike exposure at depth to determine the dike
geometry and contact relationships with country host rocks. This hole was set at a dip of 45 degrees
returning hypabyssal, ilmenite - rich kimberlite from 7m to 28.5m encountering Coleman Formation
conglomerates on each side.
The 2nd hole [KON-20-02] tested a large magnetic low feature located approximately 400m to the south of
the Kon kimberlite dike exposure. The vertical hole intersected a variegated assemblage of diatreme,
epiclastic and hypabyssal kimberlite-related units over a depth of 100m. The upper portion of the hole from
11m to 36m is comprised of heterolithic kimberlite breccia characterized by pelletal lapilli textures. From
36m to 65.5m, a succession of clast-supported, fluidization breccias encapsulates brecciated granodioritic
rafts. Underlying this unit, is a hypabyssal kimberlite containing globular granodioritic clasts from 65.5m to
68.7m. The lower portion of the hole from 68.7m to 100m is comprised of matrix- supported fluidization
breccias with in-filling of bluish green kimberlite transitioning to a hypabyssal, ilmenite-rich kimberlite in
contact with granodiorite-syenite rocks.
“Searching for the Source of the 800 Carat Nipissing Diamond”
Web Site: http://www.rjkexplorations.com
The 3rd hole [KON-20-03] was collared on the same location as KON-20-02 and aligned at azimuth 270
degrees. The casing was set at a dip of 50 degrees intersecting a succession of diatreme kimberlite breccia
and hypabyssal kimberlite from 15m to 93.5m followed by altered granodiorite rocks to the end of the
hole.
RJK has identified additional targets on the KON claims that will be drill tested in the winter program,
beginning with the Kon 2 magnetic high, followed by the Kon 3 magnetic low. Detailed drone mag surveys
will be done this month to further define drill targets for potential kimberlite.
For maps, drill locations and pictures of the kimberlite
https://www.rjkexplorations.com/kon-diamond-exploration-claims
Mr. Peter Hubacheck, P.Geo, Project Manager for RJK and the Qualified Person as defined by National
Instrument 43-101 has approved the technical disclosure in this release.
Contact: Company Information:
Glenn Kasner, President Tel: (705) 568-7445
Mobile: (705) 568-7567 Web Site: https://www.rjkexplorations.com/
Neither the 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.
Forward Looking Information
This news release includes certain forward-looking statements, which may include, but are not limited to, statements concerning future mineral exploration and
property option payments. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those
identified by the expressions "will", "anticipate", "believe", "plan", "estimate", "expect", "intend", "propose" and similar expressions. Forward-looking statements
involve known and unknown risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed or
implied in this news release. Factors that could cause actual results to differ materially from those anticipated in this news release include, but are not limited to,
the financial resources of the Corporation being inadequate to carry out its stated plans. RJK assumes no obligation to update the forward-looking statements or
to update the reasons why actual results could differ from those reflected in the forward-looking statements except as required by applicable law.