RKR.V · 2021-02-11 12:00:00

Rokmaster Drills Strong Gold Mineralization of 21.65 g/t AuEq over 1.95 Metres, within a larger envelope of 11.02 g/t AuEq over 3.95 Metres, and Confirms Main Zone Gold Mineralization over 595 Vertical Metres

Drill Results

Rokmaster Drills Strong Gold Mineralization of

21.65 g/t AuEq over 1.95 Metres, within a larger

envelope of 11.02 g/t AuEq over 3.95 Metres,

and Confirms Main Zone Gold Mineralization

over 595 Vertical Metres

VANCOUVER, BC,

Feb. 11, 2021

/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB:

RKMSF) (FSE: 1RR1) ("Rokmaster" or the "Company") is pleased to present further assay results

from diamond drill holes RR20-01 – RR20-11 from its ongoing drill program at the Revel Ridge

polymetallic gold-silver Project ("Revel Ridge" or the "Project") which demonstrate the remarkable

continuity of structurally controlled gold mineralization in the Revel Ridge Main Zone ("RRMZ") and

the parallel Footwall Zone ("RRFZ"), and significant silver grades in the Yellowjacket Zone ("RRYZ").

Rokmaster has currently completed 27 diamond drill holes in the 2020 and 2021 programs, totalling

9,304 m

of NQ sized drill core. The plan map illustrating the collar locations of all of the drillholes

collared to date in the 2020 and 2021 programs is presented on the digital link

Figure 1. Plan View Collar Locations

and the location of all drillholes completed in 2020 and 2021

are illustrated on the block model presented on the digital link

Figure 2. Main Zone Block Model

also available at

www.rokmaster.com

Drilling Highlights:

RRMZ Intervals

RR20-07

7.23 g/t gold equivalent ("AuEq") over

3.3 m

RR20-09

11.02 g/t AuEq over

3.95 m

including: 21.65 g/t AuEq over

1.95 m

and: 26.73 g/t AuEq over

1.15 m

RRYZ Intervals

RR20-04

580 g/t silver equivalent ("AgEq") over

2.9 m

and: 296 g/t AgEq over

4.26 m

RR20-07

21 g/t AgEq over

2.63 m

Out of the 11

drillholes (RR20-01 to RR20-11) for which all assays have been received to date, 8 of

the 11 boreholes intersected gold equivalent grades and widths which would be included in an

inferred resource calculation using the parameters described in the

December 2020

Preliminary

Economic Assessment ("PEA") study (Rokmaster news release dated

December 8, 2020

). Assay

results of one of these drillholes, DDH RR20-11, has been previously released (Rokmaster news

release dated

December 11, 2020

The 2020 and ongoing 2021 drill programs have intersected the RRMZ mineralization from an

elevation of

936 m

up to

341 m

. Using this and historical data, Rokmaster has shown that the

RRMZ mineralization demonstrates remarkable continuity over a vertical distance of

595 m

and

has successfully been drilled along strike for

1,025 m

. Within the approximate 55-degree

dipping plane of mineralization, significant gold mineralization has been demonstrated over

down-dip distances of

745 m

Within the RRMZ, the mineralogic, alteration and structural signatures of well-mineralized rock

at shallowest elevation datums are virtually identical to the mineralogic, alteration and structural

vectors at deepest elevation datums. Mineralization within the RRMZ remains open in virtually all

strike and dip directions. Currently, successful RRMZ intersections have been obtained

250 m

external to the inferred resource volumes documented in the

December 8, 2020

PEA.

Drillholes RR20-01, 02 and 08 all had variable gold mineralization but those results fell below

the threshold used for inclusion in this news release. The threshold used for inclusion in this

news release is approximately 2.5 g/t AuEq over greater than

2.0 m

In addition to the RRMZ, significant results were intersected in the silver-rich RRYZ and the gold

bearing RRFZ.

The results from drillholes RR20-03, 04, 05, 06, 07, 09 and 10 are presented in Table 1.

John Mirko

, President and CEO and Rokmaster, commented: "Successfully targeting the RRMZ

mineralization over long step-out distances both along strike and up and down dip is a clear

testament to the remarkable continuity of the deformation zone that hosts the gold and poly metallic

mineralization within the RRMZ. The observation that significant gold mineralization has been

repeatedly cut, on an estimated 50 –

100 m

centres, with an approximate 75% success rate, is an

outstanding ratio for any gold deposit. Drilling has also shown that while the RRMZ mineralization is

highly planar, the higher-grade silver mineralization associated with the Yellowjacket Zone ("RRYJ"),

is likely located in a deformed anticlinal fold. This structure may thicken the silver enriched RRYJ

sulphides in the keel and stack the same sulphide horizon, at least twice, along its limbs. Both the

RRMZ and RRYJ remain open in several directions. With the continued success of our ongoing

drilling, we anticipate a revised resource calculation for the Project in the coming months."

Table 1. Summary of the Selected Assay Results of Revel Ridge Main Zone Mineralization

DDH

From

(m)

To (m)

Length

(m)

Au g/t

Ag g/t

Pb %

Zn %

Zone

AuEq

g/t

AgEq

g/t

RR20-03

227.12

230.55

3.43

0.82

107.4

7.9

0.3

RRMZ

5.53

including

228.75

230.55

1.8

1.5

158.4

13.9

0.6

RRMZ

9.41

and

239.8

242.5

2.7

2.3

7.3

0.5

RRFZ

3.06

RR20-04

118.95

121.85

2.9

0.17

12.3

RRYJ

580

including

118.95

124.75

5.8

0.09

35.5

1.1

6.5

RRYJ

307

and

168.8

173.06

4.26

0.12

47.2

2.4

4.7

RRYJ

296

including

171.3

173.06

1.76

0.21

70.5

10.5

RRYJ

551

and

217.13

221.55

4.42

2.74

5.8

0.2

0.6

RRMZ

3.18

including

220.55

221.55

9.51

0.8

2.2

RRMZ

11.07

RR20-05

306.95

312.55

5.6

1.71

9.5

0.4

0.7

RRMZ

2.32

including

306.95

308.25

1.3

4.16

21.7

1.1

RRMZ

5.36

RR20-06

305.38

306.4

1.02

5.41

2.8

3.8

RRMZ

9.02

RR20-07

261.5

264.13

2.63

0.12

67.1

3.3

15.3

RRYJ

721

including

262.54

264.13

1.59

0.19

109

5.3

25.2

RRYJ

1182

and

307.26

321.55

14.29

1.12

31.3

1.4

RRMZ

3.03

including

307.26

308.75

1.49

0.51

74.4

4.1

5.2

RRYJ

5.56

423

and including

310.16

317.3

7.14

1.66

45.5

1.9

2.8

RRMZ

4.33

including

314

317.3

3.3

3.05

78.9

3.3

3.9

RRMZ

7.23

RR20-09

267.1

272

4.9

0.66

3.4

1.9

RRYJ

293

and

297.65

301.6

3.95

5.28

119.1

4.7

4.9

RRMZ

11.02

including

298.65

300.6

1.95

10.48

234.5

9.2

9.4

RRMZ

21.65

including

299.45

300.6

1.15

14.57

231

10.4

10.6

RRMZ

26.73

RR20-10

253.35

255.55

2.2

5.39

41.6

2.1

5.2

RRMZ

9.21

Reported widths of mineralization are drill hole intervals or core length recovered. Insufficient data

exists to permit the calculation of true widths of the reported mineralized intervals.

*The metal values used in the gold equivalent calculations of

US$1,561

/oz Au,

US$20.55

/oz silver,

US$0.91

/lb lead and

US$1.07

/lb zinc, are based on the consensus average long-term price

forecasts published by

a major commercial bank at the end of October, 2020, as per the Technical

Report, with an effective date of

December 8, 2020

by Micon International Limited, entitled: An

Updated Preliminary Economic Assessment Of The Revel Ridge Project,

Revelstoke, BC

Canada

for Rokmaster Resources Corp

. The formula used to calculate gold equivalence for the RRMZ and

RRFZ is:

AuEq = Au g/t + (Ag g/t x 0.013) + (Pb% x 0.4) + (Zn% x 0.47). The formula used to

calculate silver equivalence for the RRYJ is: AgEq = Ag g/t + (Au g/t x 75.96) + (Pb% x 30.3) +

(Zn% x 35.6).

Quality Assurance/Quality Control.

Dr.

Jim Oliver

, P. Geo. supervised all aspects of the drilling

and sampling undertaken in the 2020 underground diamond drill program. All samples have been

collected from ½ NQ core, sawn with a diamond saw with the sample intervals marked by technical

personnel. A full QAQC program using blanks, standards and duplicates was utilized to monitor

analytical accuracy and precision. The samples were sealed on site and shipped to MSA Labs in

Langley, British Columbia

. MSA is an ISO 17025 (Testing and Calibration Laboratory) and an ISO

9001 (Quality Management System) Certified Laboratory. Core samples were crushed to 2 mm and

a 250 gram sub sample was pulverized with 85% of the sample passing 75 microns. The sub sample

was analysed using a combination of MSA Labs FAS211 for Au and ICP–240 (4 acid digestion) for

silver, base metals and other trace elements. FAS211 for gold is an ore grade fire assay of a 30 g

pulp with an AAS finish with a detection range between 0.01 and 100 ppm). ICP-240 utilizes four

acid digestion and provides ore grade analytical data on silver, base metals and 26 other elements.

The technical information in this news release has been prepared in accordance with Canadian

regulatory requirements as set out in National Instrument 43-101 and reviewed and approved by

Mark Rebagliati

, P. Eng., FEC, who is independent of Rokmaster.

On Behalf of the Board of Directors of

Rokmaster Resources Corp.

John Mirko

President & Chief Executive Officer.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

press release.

About Rokmaster

Rokmaster controls a portfolio of three significant exploration and development projects all of which

are located in southern

British Columbia

in regions of excellent infrastructure. The three projects

include:

Revel Ridge.

Rokmaster is currently conducting an underground drill program at the Revel

Ridge project located in southeastern

British Columbia

35 km's N of the

City of Revelstoke

Revel Ridge is a high-grade gold and polymetallic orogenic sulphide deposit which has been the

subject of a PEA Technical Report dated

December 8, 2020

Big Copper.

Rokmaster controls the Big Copper property in the

Creston

area of

Southern

British Columbia

. Big Copper is a high-grade copper-silver occurrence hosted in mid-Proterozoic

rocks. Copper-silver mineralization has been traced for 3 km along strike and is exposed in a

series of adits and trenches over approximately 250-

300 m

of vertical relief. Big Copper likely

belongs to a class of stratabound replacement copper-silver deposits hosted within mid –

Proterozoic quartzitic sediments. The style and stratigraphic setting of mineralization at Big

Copper may be analogous to similar stratabound silver-copper deposits in

NW Montana

e.g. the

Troy mine (64 million tonnes of 0.74% Cu and 54 g/t Ag (Western Mining History, 2020) or

Hecla's

Montanore Mine, 112 million tonnes at 51.2 g/t Ag and 0.7% Cu. (

Hecla

website link).

Duncan Zinc.

Duncan is a carbonate hosted silver-lead-zinc deposit located near Duncan Lake

in southern

British Columbia

. The deposit is hosted within a Cambrian age Badshot Limestone

which also hosts Ag-Pb-Zn mineralization at Teck's currently producing Pend D'Oreille mine as

well as past producers including the Blue Bell Mine, Reeves MacDonald, Jersey-Emerald and

HB mines. Mineralization at Duncan Lake forms in the crest and limbs of the regional scale

Duncan Lake anticline, where strong lead-zinc +/- silver mineralization has been traced by

surface and underground drilling for approximately

2500 m

. At Duncan Lake, Rokmaster will be

targeting > 30 Mt of >10% Pb+Zn+Ag. Historical background and a geological synthesis of the

Duncan Lake deposit is provided in a NI 43-101 report by

Lane, B., 2018: Technical Report on

the Duncan Lake Project.

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may

contain forward-looking information within the meaning of applicable securities laws ("forward-

looking statements"). Forward-looking statements are statements that are not historical facts and

are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes,"

"intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions

"will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a

variety of risks and uncertainties which could cause actual events or results to differ materially from

those reflected in the forward-looking statements, including, without limitation: risks related to

fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned

work in a timely manner and on acceptable terms; changes in planned work resulting from weather,

logistical, technical or other factors; the possibility that results of work will not fulfill expectations and

realize the perceived potential of the Company's properties; risk of accidents, equipment

breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of

cost overruns or unanticipated expenses in the work program; the risk of environmental

contamination or damage resulting from Rokmaster's operations and other risks and uncertainties.

Any forward-looking statement speaks only as of the date it is made and, except as may be

required by applicable securities laws, the Company disclaims any intent or obligation to update any

forward-looking statement, whether as a result of new information, future events or results or

otherwise.

SOURCE

Rokmaster Resources Corp.

View original content:

http://www.newswire.ca/en/releases/archive/February2021/11/c2804.html

%SEDAR: 00031923E

For further information:

please contact Mr. John Mirko, CEO of Rokmaster Resources,

[email protected], Ph. 1-604-290-4647 or the Company's website: www.rokmaster.com

CO: Rokmaster Resources Corp.

CNW 09:46e 11-FEB-21

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