Rokmaster extends Main Zone 925 m to the southeast and 290 m to the northwest at Revel Ridge
Rokmaster extends Main Zone 925 m to the
southeast and 290 m to the northwest at Revel
Ridge
VANCOUVER, BC
,
Sept. 26, 2022
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB:
RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce the successful
extension of the Revel Ridge Main Zone ("RRMZ") a further
925 m
to the southeast and
290 m
to
the northwest, in addition to initial assay results of the ongoing summer 2022 diamond drill program
at the Revel Ridge Project ("Revel Ridge" or "the Project").
John Mirko
, President and CEO commented, "To be consistently hitting good grade intersections on
120 metre step-outs is significant in any deposit class. After almost two years of near continuous
drilling totalling 40,835 metres in 105 broadly spaced drillholes, it is astounding that we have yet to
define the limits of the RRMZ.
We are excited by the successful intersection of the RRMZ
925 m
to the southeast, and
290 m
to
the northwest, further expanding our potential mineralized sections. The drill data suggests the full
potential Revel Ridge remains to be tested, waiting only for that next series of drillholes. Together
with the outstanding efforts of our metallurgical teams in obtaining 96.8% gold recoveries from Revel
Ridge ores (see Press Release dated
September 7, 2022
), we have lots to look forward to.
In 2023, we plan to update our mineral resource estimate with the drillhole data from our ongoing
summer program and spring 2022 drill programs. The Project is already
British Columbia's
largest
undeveloped high-grade underground gold deposit situated proximal to ideal infrastructure. We will
continue our efforts and achievements of constantly improving the many dynamics on the pathway
towards production."
Initial Assay Results of Summer Diamond Drill Program
The ongoing summer 2022 program drillholes targeted the RRMZ down-dip of certain drillholes
completed during the surface drilling campaign in 2021. A total of seven drillholes have been collared
from two drill pads approximately
400 m
and
550 m
to the northwest of the 830 Portal (
Figure 1- Plan Map
). Drillholes RR22-99 to RR22-105 cut RRMZ mineralization on approximately
120 m
centres. These broad and successful step outs were designed to rapidly expand the
mineralized volume outside of the mineral resource estimate block model (
Figure 2-
Long Section
).
Assay results for drillholes currently received from the laboratory are tabulated below:
DDH
From
(m)
To (m)
Length
(m)
1
AuEq
g/t
3
Au g/t
Ag g/t
Pb %
Zn %
Zone
2
RR22-99
165.30
170.00
4.70
2.29
0.01
15.42
0.71
5.06
RRYZ
RR22-99
254.85
259.20
4.35
3.69
2.57
17.11
0.66
1.94
RRMZ
including
258.20
259.20
1.00
14.34
10.59
63.00
2.40
6.12
RRMZ
DDH
From
(m)
To (m)
Length
(m)
1
AuEq
g/t
3
Au g/t
Ag g/t
Pb %
Zn %
Zone
2
RR22-100
300.20
304.65
4.45
0.41
0.01
5.32
0.06
0.87
RRYZ
RR22-100
498.30
499.10
0.80
3.72
0.15
89.00
4.75
2.43
RRMZ
DDH
From
(m)
To (m)
Length
(m)
1
AuEq g/t
3
Au g/t
Ag g/t
Pb %
Zn %
Zone
2
RR22-101
348.50
352.70
4.20
3.41
2.22
10.38
0.34
2.69
RRMZ
including
348.50
350.50
2.00
6.73
4.30
18.50
0.65
5.63
RRMZ
Footnote
1. Reported widths of mineralization are drill hole intervals or core lengths recovered. Insufficient data exists to permit the calculation of true width of the reported
mineralized intervals.
Footnote 2. Mineralized Zone abbreviations: RRMZ: Revel Ridge Main Zone, RRYZ: Revel Ridge Yellowjacket Zone.
Footnote 3. AuEq calculations use: Metal prices of Au US$1,625/oz, Ag US$22/oz, Pb US$0.95/lb, Zn US$1.20/lb; RRMZ process recoveries of Au 92%, Ag 88%, Pb 80%, Zn
72%; RRMZ AuEq = Au g/t + (Ag g/t x 0.012) + (Pb% x 0.347) + (Zn% x 0.353); RRYZ process recoveries of Au 91%, Ag 80%, Pb 74%, Zn 75%; RRYZ AuEq = Au g/t + (Ag g/t x
0.011) + (Pb% x 0.325) + (Zn% x 0.372).
Drillholes RR22-99 and RR22-101 achieved strong RRMZ intersections as the deformation zone
dilated at a favourable limestone-quartzite contact (
Figure 3 – Cross Section
). Each drillhole also
encountered Revel Ridge Yellowjacket Zone ("RRYZ") approximately
30 m
in the hanging wall to the
RRMZ. This is a significant expansion of the RRYZ, with a distance of ~115 m between drillholes
RR21-50 and RR22-99. Assay results for RR22-102a to RR22-105 are pending and will be reported
when received.
The first three shallow drillholes of the summer 2022 drill program were committed to testing the
Zinc Creek Showing. Drillholes RR22-96, RR22-97, and RR22-98 all intersected metre-scale
deformation zones with sericite alteration hosting cm-scale bands of massive sulphide mineralization.
The strongest of the three drillholes, RR22-98 cored the RRMZ,
925 m
along strike from previous
drillholes. RR22-98 cut narrow bands of polymetallic sulphides hosted within sericite and calcareous
phyllites.
DDH
From
(m)
To (m)
Length
(m)
2
AuEq
g/t
4
Au g/t
Ag g/t
Pb %
Zn %
Zone
3
RR22-98
44.70
45.20
0.50
1.30
0.89
7.00
0.33
0.59
RRMZ
See notes on Footnotes 1, 2 and 3 in Table above.
Historic surface drilling, circa 1991, clearly indicates that the southeastern expression of weaker
mineralization within the RRMZ often expands and forms significant mineralized volumes down the
plane of the RRMZ. Changes in grade and width of the RRMZ in the southeast may be a function of:
1
.
The RRMZ cutting incompetent calcareous phyllites, weak hosts to mineralization near surface.
2
.
The RRMZ progressively cutting more competent, rock units and stronger hosts to
mineralization at depth.
The significance of DDH RR22-98 is not in the scale of the mineralized interval that it cuts but rather
in the observation that the drillhole successfully identifies the very persistent RRMZ almost 1 km to
the southeast of previous drilling. With knowledge of the position of the RRMZ, Rokmaster's
technical team will seek to define the location of permissive host lithologies, stronger dilatant points
and stronger mineralized intervals within this unique gold enriched deformation zone.
Figures
All technical data referenced in this release through hyperlinked figures are available at
rokmaster.com/projects/revel-ridge/maps-and-figures/, or directly here:
Figure 1- Plan Map
Drill Plan Map (CNW Group/Rokmaster Resources Corp.)
Figure 2-
Long Section
Longitudinal Section with Mineral Resource Estimate (CNW Group/Rokmaster Resources Corp.)
Figure 3 – Cross Section
Diamond Drill Result Cross Section (CNW Group/Rokmaster Resources Corp.)
Quality Assurance/Quality Control.
Dr.
Jim Oliver
, P. Geo. supervised all aspects of the drilling
and sampling undertaken in the 2021 and 2022 underground and surface diamond drill programs. All
drill core assay 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. QAQC samples are submitted
approximately at every 20th sample, or a minimum of 5% of the total sample stream. Appropriate
standards are used to provide quality control information on high grade and medium to low grade
samples. A limestone blank is inserted after select samples that have macroscale characteristics of
higher-grade mineralization. Duplicate samples are repeat analysis of designated primary sample
pulps. The samples were sealed on site and shipped to MSALABS in
Langley, British Columbia
.
MSALABS is an ISO 17025 (Testing and Calibration Laboratory) and an ISO 9001 (Quality
Management System) Certified Laboratory. Drill core samples were crushed to 2 mm and a 500-
gram sub sample was pulverized with 85% of the sample passing 75 microns. The sub-sample was
analysed using a combination of MSALABS 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 50 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
Eric
Titley P.Geo
., who is independent of Rokmaster and who acts as Rokmaster's Qualified Person.
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's flagship Revel Ridge Project is host to a high-grade gold and polymetallic orogenic
sulphide deposit which has been the subject of a PEA Technical Report dated
December 8, 2020
,
and a Technical Report of an Updated NI 43-101 Mineral Resource Estimate on the Revel Ridge
Property, dated
January 17, 2022
, filed on SEDAR. The current drill program is designed to
efficiently expand the volume of the Revel Ridge Main Zone as defined by the updated Mineral
Resource Estimate, which currently remains open in all directions:
Measured & Indicated (M&I):
1.36 million
gold equivalent ("AuEq") ounces contained within
6.73 million tonnes with an average grade of 6.27 g/t AuEq
4
.
Inferred (Inf):
1.22 million
AuEq ounces contained within 6.00 million tonnes at an average
grade of 6.33 g/t AuEq.
Footnote 4. (Technical Report and Updated Mineral Resource Estimate of the Revel Ridge Polymetallic Property Revelstoke Mining Division, British Columbia, Canada, William Stone,
Ph.D., P.Geo. Fred Brown, P.Geo. Jarita Barry, P.Geo. David Burga, P.Geo. Eugene Puritch, P.Eng., FEC, CET Stacy Freudigmann, P.Eng. F.Aus.IMM. P&E Mining Consultants Inc.
Report 411 Effective Date: November 15, 2021 Signing Date: January 17, 2022 filed on SEDAR.)
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 vents or results or
otherwise.
SOURCE
Rokmaster Resources Corp.
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For further information:
corporate or technical information please contact: John Mirko, President &
CEO of Rokmaster Resources Corp., [email protected], +1 (604) 290-4647.; For shareholder
information please contact: Mike Kordysz, [email protected],
+1 (604) 319-3171.
CO: Rokmaster Resources Corp.
CNW 03:00e 26-SEP-22