Rjk Explorations Drills Kimberlite IN Six Holes at Paradis Pond
P.O. Box 1053, 4 Al Wende Avenue, Kirkland lake, ON, P2N 3L1
“Searching for the Source of the 800 Carat Nipissing Diamond”
RJK EXPLORATIONS DRILLS KIMBERLITE IN SIX HOLES AT PARADIS POND
Kirkland Lake, Ontario – August 31, 2020 – RJK Explorations Ltd. (‘RJK’ or ‘the Company’) (TSXV: RJX.A, US OTC:
RJKAF) is pleased to announce that the Company has intersected kimberlite in six drill holes in the Paradis Pond area
of the Bishop Property, located approximately 11 km southeast of Cobalt, Ontario. These new intersections are
proximal and visually correspond to RJK’s previously reported kimberlite drill intersections, from the 2019 drilling
campaign, which returned 18 micro diamonds varying in colour, and twenty-eight diamond inclusion indicator
minerals, from a 22.4 kg (50 pound) sample (News Release April 1, 2020). The kimberlite breccia phase is uniform,
varying between 7 m-16 m in true thickness, while appearing to expand to the west. The kimberlite is draped on top
of granitic bedrock and was intersected as shallow as 4 m from surface, flanking Paradis Pond. The dimensions drilled
thus far represents a 3.75 hectare area.
The image below plots the Paradis region drill holes over an airborne regional conductance anomaly shown in the
pink shaded region, and three drone magnetic surveys, using 25m flight-line spacing.
“Searching for the Source of the 800 Carat Nipissing Diamond”
Web Site: http://www.rjkexplorations.com
All kimberlite intersections to date fall within the footprint of the regional airborne conductance anomaly. The
tuffisitic, sandy kimberlite diatreme breccias possibly originate from a volcaniclastic eruption and are more
competent than the overlying boulder glacial tills. All kimberlite breccia core sections are saturated with groundwater
near-surface with increasing competency at greater depths. The kimberlite intersections may correlate with the
regional airborne conductance anomaly, and step-out drilling is ongoing to test this theory. The Company has applied
for permits to drill on the west side of the Cross Lake fault, allowing RJK to test the full electromagnetic anomaly.
The two overlaid magnetic maps total 140 hectares, tying onto the original survey flown in 2019. A 2 km long linear
magnetic feature has been identified with these surveys trending from northwest to southeast. This magnetic trend
does not outcrop and flanks the east side of the Cross Lake fault underlying Goodwin lake. Drill hole PP-20-04
confirms the presence of two mafic dikes intersected at 42.5m to 50.6m and 73.9m to 83.7m intruding Lorrain
granites. Both mafic dikes are moderately magnetic containing disseminated sulphide mineralization. Additional
drilling is planned to test the magnetic dike trend as well as magnetic low features along the Cross Lake fault within
the footprint of the conductance anomaly.
P.O. Box 1053, 4 Al Wende Avenue, Kirkland lake, ON, P2N 3L1
“Searching for the Source of the 800 Carat Nipissing Diamond”
Peter Hubacheck, Project Manager for RJK explained, “It is exceptionally rare for a flat-lying kimberlitic feature in
northern Canada to be intact above a granite body and below such shallow overburden. As opposed to Kon 1, which
was dated back 153.5 million years, +/- 3 million years, early indications suggest this kimberlite deposition could be
much younger than any others in the region. As RJK searches for the Paradis source kimberlite pipe, and continues
step-out drilling, we will be able to better explain this rare phenomenon.”
Earlier this summer, RJK completed four drill holes testing various geological and geophysical targets located up-ice
of kimberlite indicator mineral trains in the Little Grassy Lake area. These holes did not intersect kimberlite, thus far
failing to explain RJK’s strongest kimberlite indicator mineral train results. The Company intends to fly additional
drone mag surveys northeast of Little Grassy Lake as well as expanding west to the Criostal Lake area in the fall
season.
Mr. Peter Hubacheck, P. Geo., Project Manager for RJK and the Qualified Person as defined by National Instrument
43-101 has approved the geotechnical 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 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.
“Searching for the Source of the 800 Carat Nipissing Diamond”
Web Site: http://www.rjkexplorations.com
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 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.