Rokmaster Provides Positive Update on the Revel Ridge Project
Rokmaster Provides Positive Update on the
Revel Ridge Project
TSXV: RKR
Frankfurt
: 1RR1
OTC Pink: RKMSF
VANCOUVER, BC
,
July 27th, 2020
/CNW/ - Rokmaster Resources Corp. ("
Rokmaster
" or the
"
Company
") is pleased to provide the following progress report for its Revel Ridge Project;
Phase 1 Core Drilling Preparation:
B.C. Ministry of Mines and B.C. Ministry of Environment permit applications have been accepted
and are in the final referral and consultation stages prior to receipt of all drilling permits.
Hy-Tech Drilling Ltd. of
Smithers, B.C.
has conducted site inspections and preparations for drill
crew & equipment mobilization are in place.
Completion of:
installation and rehabilitation of access roads, generators, electrical transformers, cable &
switch gear, fuel storage, underground mobile & stationary equipment, mechanical
maintenance shop, office-storage building, emergency first aid facility and ventilation fans;
geotechnical and safety inspections of underground access; and.
environmental site inspections and technical report.
Surface Drill Target Selection and Exploration:
Initiate below tree line, on-ground field assessment, including sampling, prospecting and
geological mapping of the 44 other known and newly discovered Au-Ag occurrences over the 7-
8 km planer deformation structure hosting the Main Zone, commencing first week of August,
2020.
Initiate alpine, on ground assessment third week of August, 2020.
Preliminary Economic Assessment (PEA) Progress:
MICON International Limited is conducting final assessment of a draft PEA on the Revel Ridge
Project.
The PEA will incorporate metallurgical results from test work by Base Metallurgical Laboratories
Ltd., with supervision by Canenco Consulting Corp. and Canadian Northern Mining Ltd.
The updated NI 43-101 technical report can be viewed (
Click Here
)
Rokmaster looks forward to working with the local communities and the Province of B.C. in initiating
the Revel Ridge Project exploration work. The Phase I,
$3 million
drill program will commence as
soon as permits and approvals are received.
COVID -19:
Since May, COVID-19 health and safety procedures and protocols have caused difficulty in
the supply of goods and services for the Revel Ridge Project, however progress has recently
been made in many areas, including analytical and engineering services.
On the Project site, Rokmaster continues to follow strict procedures to mitigate exposure of
its workers to the COVID-19 virus.
About Rokmaster
Rokmaster's focus is on exploring for base and precious metals, and its flagship asset is its option to
earn 100% of the Revel Ridge polymetallic precious metals project situated in the prolific Kootenay
Arc. Please refer to the technical report titled "Updated Technical Report on the Revel Ridge
Property (formerly J&L Property), Revelstoke Mining Division,
British Columbia, Canada
" dated
February 25, 2020
with an effective date of
January 29, 2020
, which the Company has filed on
SEDAR.
On behalf of the Board of Directors,
"John Mirko"
John Mirko
, President and Chief Executive Officer.
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.
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/July2020/27/c7001.html
%SEDAR: 00031923E
For further information:
For additional information on the Company and its projects, please visit
the Company's website www.rokmaster.com or telephone (604) 290-4647
CO: Rokmaster Resources Corp.
CNW 02:20e 27-JUL-20