RJK Explorations Ltd Signs Exclusive Agreement with Eagle Geosciences For Kimberlite Identification Technology
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 Explorations Ltd Signs Exclusive Agreement with Eagle Geosciences
For Kimberlite Identification Technology
Kirkland Lake, Ontario – January 14, 2020 – RJK Explorations Ltd. (TSXV: RJX.A, US OTC: RJKAF) ("RJK" or
the "Company") has entered into a $50,000 agreement with Eagle Geosciences of Rouyn-Noranda, Quebec.
Eagle Geosciences has agreed to provide exclusive services to RJK to deploy their new kimberlite
identification technique. The agreement has a period of one year, however, it can be extended on a yearly
basis at the discretion of RJK by paying Eagle Geosciences $50,000 on the anniversary date of the initial
signing of the agreement.
As a success bonus, Eagle will be entitled to 250,000 RJK Class A shares on any economic diamondiferous
kimberlite discovery that Eagle identifies using their propriety kimberlite recognition technology. RJK will
also have access to any other kimberlite identification technology they develop while under this
agreement. The bonus shares will be issued upon RJK receiving a bankable feasibility study.
This identification method uses algorithms based on geophysical signatures of known diamondiferous
kimberlites within the Temiskaming Rift Valley. Among those kimberlite pipes are the 95.1 and 95.2 pipes
located approximately 20 km north of RJK's diamond exploration claims and discovered by RJK's Project
Manager, Peter Hubacheck in 1995.
Eagle Geosciences has identified a cluster of pipe-like structures, with very similar physical signatures to the
existing diamondiferous kimberlites to the north, located on RJK’s optioned land claims in the Lorrain
Township. These are considered priority drill targets for the company and will be tested during the
upcoming winter drilling program. Two of these specific geophysical signatures are shown in the image
below.
“Searching for the Source of the 800 Carat Nipissing Diamond”
Web Site: http://www.rjkexplorations.com
RJK, in cooperation with Insidexploration and Steve Labranche of Eagle Geosciences, have produced a short
video explaining the significance of the initial fin dings using this technology. The video will be uploaded to
RJK’s Facebook page (https://www.facebook.com/rjkexplorations) and also to the RJK website page
(https://www.rjkexplorations.com/Eagle-Geosciences-Video/)
Peter Hubacheck, Project Manager, states, "The Eagle kimberlite identification technology is a new tool that
compliments our multi -disciplinary approach facilitating the target selection process and cost efficiency of
kimberlite exploration. The initial findings o f the technology seem promising and if it proves successful in
identifying diamondiferous kimberlite pipes, then we intend to apply this new method on all our staked and
optioned land claims. We welcome Eagle Geosciences on the team as we search for the source of the
Nipissing Diamond.”
Mr. Peter Hubacheck, P. Geo, Project Manager for RJK is the Qualified Person as defined by National
Instrument 43-101, has approved the technical disclosure in this release.
Contact Information
Glenn Kasner, President
Mobile: (705) 568-7567
Web Site: https://www.rjkexplorations.com/
Company Information: Tel: (705) 568-7445
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 s tatements 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 mat erially 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.