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RJX.A.V ·

Rjk Explorations Completes Kimberlite Indicator Mineral Maps, and Retests 2019 Drill Core with Cf Mineral Research Ltd.

Corporate Updates

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 COMPLETES KIMBERLITE INDICATOR MINERAL MAPS,

AND RETESTS 2019 DRILL CORE WITH CF MINERAL RESEARCH LTD.

Kirkland Lake, Ontario – March 27, 2020 – RJK Explorations Ltd. (TSX-V: RJX.A, US OTC: RJKAF) (“RJK” or “the

Company”) has received the results of the Company’s 2019 kimberlite indicator mineral (KIM) summer sampling

program, which visually illustrates the 0.25-0.50mm grain size contoured KIM trains within the Bishop North Lorrain

claim block. Overburden Drilling Management processed 107 till samples with table weights normalized to 10kg per

sample. KIM results were separated into five types – eclogitic garnets, G9 and G10 garnets, chrome diopsides,

ilmenites, and chromites for presentation purposes. The highest result was 322 total KIMs taken down-ice of Little

Grassy Lake, 37 of which were eclogitic garnets generally believed to originate deep within in the mantle, and 94 G9

and G10 garnets, which traditionally are used to determine favourable kimberlite sources with diamond potential.

“Searching for the Source of the 800 Carat Nipissing Diamond”

Web Site: http://www.rjkexplorations.com

KIM maps separating each type of indicator from the 2019 sampling program have been posted to RJK’s website:

https://www.rjkexplorations.com/bishop-north-lorrain-kim-maps/

The winter drilling program is currently focused on following up on a drone magnetic low target located under Grassy

Lake, which is 500 meters up-ice from the highest KIM’s in the dispersion train.

Project Manager Peter Hubacheck explained, “Of the various methods of determining kimberlite drill targets, KIM

sampling is crucial in our multi-disciplinary approach, helping us to prioritize potential kimberlites that might contain

diamonds. The 2019 KIM train results confirm our belief that the North Lorrain block of the Bishop Claims contains

high priority targets in RJK’s search for the source of the Nipissing Diamond. It is particularly interesting that the tight

corridor with the highest KIM results in the North Lorrain claim block transects an exact line with the location of the

century-old trench, discovered where the historical wagon road was plotted connecting Paradis Bay to the silver

mines of Cobalt.”

Additionally, a 25kg sample of the 2019 Paradis Pond drill core has been sent to CF Mineral Research Ltd. (“CFM”).

CFM is owned by Dr. Charles E. Fipke, who found the “Ekati” kimberlite pipes that became the first diamond mine in

Canada. Tony Bishop and the Project Manager, Peter Hubacheck, relogged the four 2019 Paradis diamond drill cores

in detail and identified potential kimberlite indicator minerals leading to further investigative work and the decision

to have the core analysed by CFM. A 25 kg sample was sent to CFM for heavy mineral separation, grain picking,

microprobe analysis, and caustic fusion testing for diamonds. The indicator mineral and diamond results of the 25kg

sample are pending.

A larger bulk sample of approximately 250 kg’s, from the 2020 Kon kimberlite drill program, is being prepared for

shipping to CFM for analysis contingent on availability of truckers affected by any government guidelines during the

CV-19 event.

The Company’s 2020 spring sampling program will focus on several areas with transects between the Montreal River

Fault proximal to the Kon 1 kimberlite discovery and the Cross Lake Fault proximal to the KIM dispersion trains

identified on the Bishop property. This work is intended to expand on previous positive KIM sampling results and

narrow-in on kimberlite drill targets.

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 Information

Glenn Kasner, President

Mobile: (705) 568-7567

Email: [email protected]

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 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

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”

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.