Rjk Explorations Options Drill Ready Rolling Pond Property IN Moosehead GOLD Belt, Nfld
P.O. Box 1053, Kirkland Lake, ON P2N 3L1 Tel: (705) 568-7956 Fax: (705) 567-5557
Web Site: http://www.rjkexplorations.com
RJK EXPLORATIONS OPTIONS DRILL READY ROLLING POND PROPERTY IN MOOSEHEAD GOLD BELT, NFLD
Kirkland Lake, Ontario – (Sept. 6, 2018) – RJK Explorations Ltd. (" RJK" or the " Company") ( TSXV: RJX.A) is pleased to announce that it has
optioned the drill ready Rolling Pond Property within the Moosehead Gold Belt, Newfoundland. The Rolling Pond Property consists of 142
contiguous claims covering 3550 hectares of highly prospective ground containing a well documented, gold bearing epithermal system.
The Rolling Pond Property contains a large epithermal system within a structural corridor that extends for a distance of 8 kilometers. Historical
exploration work performed by Altius Minerals Corporation in 1998 included, prospecting, mapping, ground induced polarization/resistivity and
high-resolution airborne magnetometer surveying. The results of this work successfully delineated a high level “Sinter Zone” over a strike length
of 1100 meters with an approximate width of 50-60 meters along a small portion of the structural corridor . A follow-up, 5 - hole program not
only confirmed the presence of the epithermal system at depth but also successfully identified the presence of the “boiling zone” as defined by
the presence of bladed calcite and lattice textures . It was also noted that gold and base metal values increased at depth in the system and
additional deeper drilling was recommended. Boiling zones are of significant importance in epith ermal systems as they indicate the proximal
locality for precipitation of gold bearing fluids. Only cursory work has been performed outside of this area and the remainder of the Property
has received very little exploration work.
RJK has applied for exploration and drilling permits, with the intention of using the historical high-resolution airborne magnetics and induced
polarization/resistivity surveys along with the drilling data from historical drilling to test the system below the boiling zone. A 3D analysis of the
historical drill data is currently in progress and field crews have been mobilized to site to begin preparatory work.
RJK can earn a 100% interest in the Rolling Pond Property by paying $50,000 cash and 350,000 shares on signing, and $50,000 and 350,000 shares
on the 1 st, 2 nd and 3 rd anniversaries of the agreement. There is a work commitment of $500,000 over the 4 -year period with a minimum of
$150,000 in the 1st year. The property Is subject to a 2% NSR with the ability to buy back 1% for $1 million at any time.
Dean Fraser, P.Geo, a qualified person as defined by National Instrument 43 -101, is the independent qualified person responsible for reviewing
and approving the technical contents of this press release.
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.
Contact Information
Glenn Kasner, President
Telephone: (705) 568-7956
Mobile: (705) 568-7567