Rokmaster Provides Update on the Nechako Project
Rokmaster Provides Update on the Nechako
Project
VANCOUVER, BC
,
May 5, 2025
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB:
RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") provides an update for the Nechako Project
where field work is soon to begin.
Nechako Map (CNW Group/Rokmaster Resources Corp.)
The Nechako Project is located in west-central
British Columbia
within the prolific Stikine terrane with
several past producing deposits and advanced development projects in the region (
Figure 1
).
Rokmaster has an option to acquire up to 100% of two road-accessible properties, the Mystery and
Fox-Coconut properties, comprising the Nechako Project which when combined totals 21,755
hectares. Each property in the Nechako Project features positive historical exploration work which
Rokmaster aims to build on and refine to develop compelling exploration drilling targets for significant
Cu-Mo-Au mineralization in this favourable district.
The
Mystery Property
is the largest of the two properties and covers the Shelford Hills which was
first explored by Kennco (1970) followed by BP-Selco and Canamax (1980-1983) with Noranda
Exploration (1988-1989) all completing initial geochemical surveys with positive results. Since the
1970's, a group of claims termed the "Ford Claims" were held in the center of the current property
during all the later work including when Quartz Mountain Resources (2012) and Copper Mountain
Mining (2017) completed airborne geophysical surveys. The current Mystery Property now
consolidates the Shelford hills which is a circular upland with exposures of pyrite- and clay-altered
rhyolite and andesite belonging to the late cretaceous Kasalka group. A stock of monzonite outcrops
in the center of the property and belongs to the fertile late cretaceous Bulkley suite which is
associated with porphyry Cu-Mo-Au-Ag mineralization at the nearby Huckleberry, Ox, and Seel
deposits
1
. On the southern margin of the monzonite stock, near the historic Ford Claims, a large soil
Cu-Au anomaly is coincident with a circular magnetic feature measuring approximately 1 km in
diameter (
Figure 2
). An exploration permit to conduct drilling on the Mystery Property was applied
for in 2024 and the company anticipates approval very soon.
The Mystery Property neighbors several projects where exploration on similar Bulkley-age porphyry
copper exploration targets is ongoing. Copper Quest Exploration's Rip Project is located 3 km to the
south and initial drilling in 2024 (
RP2024
-001 and
RP24
-002) was reported to have intersected
zones of anomalous Cu-Mo mineralization hosted in multiple phases of porphyritic intrusions and
associated vein stockwork
2
. Vizsla Copper Corp. plans to drill their Poplar South target, located 28
km west of the Mystery Property, in 2025 following encouraging new geochemical and geophysical
surveys
3
.
The
Fox-Coconut Property
is located approximately 17 km south of the Endako Mine and hosts
two styles of mineralization: low-sulphidation quartz veins hosting high-grade silver-gold
mineralization at the western Fox Showing and widespread propylitic alteration with broadly
anomalous Cu-Mo-Au-Ag mineralization associated with a late cretaceous intrusive in the eastern
Coconut area of the Property (
Figure 3
).
The western Fox Showing consists of a series of structurally controlled gold and silver bearing
epithermal quartz veins, breccias, and stockworks hosted by felsic volcanic rocks of the Ootsa Lake
Group. Channel samples collected south of the C Zone in 2024 returned up to 4.95 g/t Au and 1,001
g/ Ag over
1.0 m
4
. The eastern portion of the Fox-Coconut Property holds high potential for
porphyry-style Cu-Mo mineralization with elevated copper-molybdenum-gold-silver values in rock
samples collected throughout a large area of strong propylitic alteration. The alteration envelops
newly mapped quartz feldspar porphyry and monzodiorite intrusives similar in style and appearance
to the late cretaceous Cabin Lake Pluton located 17 km to the east. A recently discovered showing
of subcropping boxwork quartz-limonite veining in a linear zone approximately
300 m
in length
returned up to 33.4 g/t Au and 6,273 g/t Ag from grab samples collected in 2019
5
and is a high
priority target for follow-up work in 2025. An exploration permit for trenching and drilling in the
Coconut area was recently approved and the Fox Showing area has an approved permit allowing for
trenching and drilling.
Field work on the Nechako Project is expected to commence within two weeks depending on snow
conditions. High-resolution magnetic surveys are planned over the Ford Anomaly on the Mystery
Property and over the Fox Showing on the Fox-Coconut Property. Following these surveys,
additional soil sampling on the Mystery Property is planned with IP surveys to commence in the
summer months. On the Fox-Coconut Property, trenching on the NW structure in the eastern portion
of the Property and further trenching on the Fox Showing is designed to expose and sample the
high-grade Au-Ag mineralization.
John Mirko
, President and CEO, comments:
"These two highly prospective properties comprise the Nechako Project in a region that was and
remains a major producer of critical and precious metals. Rokmaster's focus is to explore for
additional significant porphyry Cu-Mo and/or Cu-Au mineralization with efficient exploration
programs to prepare robust targets for drill testing. The Mystery Property hosts a monzonite stock
belonging to the fertile late cretaceous Bulkley suite with strong soil and magnetic anomalies. The
Fox-Coconut Property hosts both high-grade silver-gold in quartz veins and impressive alteration
and anomalous rock samples related to late cretaceous intrusive activity. We are excited to soon
begin field work on the Nechako Project to develop and enhance multiple targets for drilling."
Corporate Update:
Further to the Company's news release dated
April 4, 2025
, the Company is extending by a further
30 days to
June 3, 2025
the previously announced non-brokered financing (the "Financing") for a
total of up to
$550,000
involving the sale of flow-through shares and non-flow-through units.
Footnote 1: Sharman, L., Lang, J.T. and Chapman, J. eds., 2021. Porphyry deposits of the northwestern Cordillera of North America: A 25-year update. CIM Special Volume 57.
Footnote 2: Copper Quest news release dated January 23, 2025.
Footnote 3: Vizsla Copper Corp. news release dated January 15, 2025.
Footnote 4: Rokmaster Resources Corp. news release dated October 1, 2024
Footnote 5: Kennedy, T. 2019. Report on rock geochemistry for the Coconut Property. Kootenay Silver Corp. BC Assessment Report Database #38631.
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.
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 including the Financing; 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.
Mystery Property (CNW Group/Rokmaster Resources Corp.)
Fox Coconut Property (CNW Group/Rokmaster Resources Corp.)
SOURCE
Rokmaster Resources Corp.
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For further information:
For more information please contact: Mr. 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 05-MAY-25