Rokmaster Provides Selkirk Project Update
Rokmaster Provides Selkirk Project Update
VANCOUVER, BC
,
April 17, 2024
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB:
RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") provides an update for its 100% owned
Selkirk Project.
Selkirk Project Map (CNW Group/Rokmaster Resources Corp.)
The Selkirk Project consists of three properties: (a) the Keystone Property; (b) the Downie Gold
Property; and (c) the Rift Property located north of Revelstoke in southeastern British
Columbia (See
Figure 1
). These three properties were advanced between 2021 and 2023 with
positive results generated from field work which included geological mapping, prospecting, channel
sampling, and soil sampling.
The 5,276 hectare
Keystone Property
is underlain by early Paleozoic sedimentary and volcanic
rocks of the Index Formation. The northern extension of the mapped Akolkolex Thrust fault occurs
within and proximal to the property, providing potential for orogenic-style gold mineralization. During
one of the Company's first visits to the Keystone Property in 2021, a historical trench was found
which exposes arsenopyrite mineralization grading 4.51 g/t Au, 274 g/t Ag, and 2.92% Zn in a grab
sample. Replacement and vein-hosted sphalerite and galena mineralization has been discovered
throughout the large Property during later field work programs collecting grab samples (See
Figure 2
).
The 1,367 hectare
Downie Gold Property
covers a package of Index and Aklolkolex Formation
rocks situated between the Goldstream Pluton and
Long Creek Stock
. The Property hosts elevated
gold in massive pyrrhotite-pyrite-galena mineralization associated with discordant stockwork veins
and silicification in limestone rocks at the KJ Zone. In 2022, channel sample KJ6 returned 7.51 g/t
Au, 616.14 g/t Ag, 7.93% Pb, and 1.72 % Zn over 3.50 meters. At the Melt Zone in the western
portion of the Downie Gold Property, skarn-style massive pyrrhotite and sphalerite mineralization
locally hosts elevated gold proximal to the Goldstream Pluton. In 2023, a grab sample was collected
from a
3.0 m
wide garnet-diopside skarn horizon assayed 0.36% tungsten which is located the
northern limit of the 3.0 km long historically mapped FIM skarn horizon on the east side of the
Property. (See
Figure 3
).
The 299 hectare
Rift Property
hosts the Rift Showing where grab samples collected in 2022
assayed up to 35.25% Zn, 8.60% Pb from a stratabound massive sphalerite-galena horizon in pelitic
schist. The sulphide mineralization averages 1.0 metre in thickness and is exposed for approximately
25 metres of strike length in the incised creek gully of Rift Creek, before being lost under cover (See
Figure 4
). Drillhole M-85-2 was completed in 1985 approximately
460 m
east of the Rift Showing
and encountered 22.21% Zn and 4.82% Pb over
1.82 m
and may represent the on-strike continuity
of the Rift stratiform zinc-lead massive sulphide horizon
1
.
Field work to progress the Selkirk Project is planned for 2024 with a focus to follow-up on the
success of the previous programs and to search for additional mineralization. Exploration permits
including low-impact helicopter-supported diamond drilling have been applied for on the Keystone
and
Downie Gold
properties in
December 2023
.
Footnote 1: MacIntyre, D. 2010. Results of an Airborne VTEM and Magnetometer Geophysical Survey and Follow-up Geochemical Sampling, Columbia Belle Property, Southeast
British Columbia, Canada. Assessment Report for Goldstar Minerals Inc. BC Assessment Report Database #31824.
John Mirko, President and CEO, comments:
"Rokmaster plans to continue with our successful track record of finding, expanding, and improving
upon mineralized occurrences. The Selkirk Project, a combination of gold and critical metals
targets, has shown very favourable results from relatively little field work and we are excited to
continue to explore them. Rokmaster remains steadfast in evaluating new opportunities that are
suitable for significant technical enhancements."
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.
All figures and images hyperlinked can be found on Rokmaster's website.
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.
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.
Rift Property Map (CNW Group/Rokmaster Resources Corp.)
Keystone Property Map (CNW Group/Rokmaster Resources Corp.)
Downie Gold Property Map (CNW Group/Rokmaster Resources Corp.)
SOURCE
Rokmaster Resources Corp.
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For further information:
John Mirko, President & CEO of Rokmaster Resources Corp.,
[email protected], Ph. +1(604)290-4647 or by website: www.rokmaster.com; For shareholder
information please contact: Mike Kordysz, [email protected],Ph. +1(604)319-3171
CO: Rokmaster Resources Corp.
CNW 06:00e 17-APR-24