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RJX.A.V ·

Rjk Explorations Drills Kimberlite IN Four Additional Holes at Paradis Pond Prepares Bulk Samples FOR Testing

Metallurgy & Processing

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 FOUR ADDITIONAL HOLES AT PARADIS POND

PREPARES BULK SAMPLES FOR TESTING

Kirkland Lake, Ontario – September 29, 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 four additional drill holes in the

Paradis Pond/Goodwin Lake area of the Bishop Property, extending the NW to SE trend to over 700 m.

Uniform kimberlite from holes PP-20-07 to PP-20-10 visually corresponds to RJK’s reported kimberlite from Paradis

Pond in 2019 that returned 18 microdiamonds, varying in colour, from a 22.4 kg sample and kimberlite intersects

from PP-20-01 to PP-20-06 (news releases April 1, 2020 and August 31, 2020 respectively). The kimberlite varies

between 7 m to 17.3 m in true thickness, beginning as shallow as 2 m from surface, and appears to thicken to the

southwest towards the Goodwin Lake Basin. All Paradis kimberlite is unconformably draped on top of granitic

bedrock and all kimberlite intersections to date fall within the footprint of the regional airborne conductance

anomaly measuring approximately 87 hectares. Two drill fences NW to SE and W to E have been constructed from 9

drill holes spanning a strike length of 700 m and 300 m respectively. Phlogopite and monticellite microcrysts are

common in the porous, sandy clay-rich matrix.

The company has prepared individual bulk samples measuring 160 kg in total from drill holes located on the NW to SE

drill fence for testing at CFM Labs in Kelowna, B.C.

Hole PP-20-10 stepped out approximately 100 m east of PP-20-09, initiating a new W to E fence. Additional shallow

drilling will be conducted to test the eastern limits of the conductance anomaly while the company awaits drill

permits to drill test various magnetic anomalies associated with the Cross Lake fault structure.

The image below plots the Paradis region drill holes over an airborne regional conductance anomaly shown in the

pink shaded region and the Cross Lake fault structure.

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

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

Glenn Kasner, President and CEO of RJK, commented, “This near-surface kimberlite horizon, straddling Goodwin Lake

and Paradis Pond and extending south, is extremely unique. The kimberite’s uniformity is encouraging considering

the excellent indicator mineral chemistry and the discovery of green, yellow and white diamonds on the northeast

edge of the conductance anomaly from RJK's 2019 drilling. The hypothesis that RJK has been pursuing in our hunt for

the source of the Nipissing Diamond is that it could have been found while constructing the historical wagon road

connecting Paradis Bay to the silver mines in Cobalt, or found in Paradis Creek that cuts through the kimberlite layer

that RJK has been drilling. We look forward to the first Paradis bulk sample results from CFM Labs.”

Drill holes PP-20-08 and PP-20-09 also intersected sulphides in a mafic dike similar to drill hole PP-20-04 east of the

Cross Lake Fault. Drill cores have been sent for assays.

A second conductance anomaly southeast of the current area has been selected for magnetic surveying by airborne

drone.

P.O. Box 1053, 4 Al Wende Avenue, Kirkland lake, ON, P2N 3L1

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

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.

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

Mobile: (705) 568-7567

[email protected]

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

Company Information: Tel: (705) 568-7445