Rokmaster Resumes drilling at Revel ridge project
Rokmaster Resumes drilling at Revel ridge
project
VANCOUVER, BC
,
Jan. 10, 2022
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB:
RKMSF) (FSE: 1RR1) ("Rokmaster" or the "Company") is pleased to report the resumption of
underground diamond drilling on the Main Zone at the Company's Revel Ridge Project following the
Christmas break.
John Mirko
, President and CEO of Rokmaster stated; "I'm extremely pleased the conditions at Revel
Ridge permit our team to drill in the middle of winter. Reflecting on our accomplishments in 2021, we
reached several important milestones including: the significant expansion of mineral resources, the
discovery of several significant precious and base metal occurrences property wide, and the
expansion of Main Zone metallurgical testing. We achieved this all while greatly increasing our
knowledge of Revel Ridge's mineralization systems, which will facilitate additional expansion and
discovery in 2022. We're now in the process of planning surface and underground drilling on a
promising series of targets, both close to existing resources and well outside those resource
boundaries."
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 the Company and who acts as Rokmaster's Qualified
Person.
An updated corporate presentation, figures and photos are available on Rokmaster's website at
https://www.rokmaster.com/projects/revel-ridge/
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:
1
.
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
.
2
.
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 4 km along strike and is exposed in a
series of adits and trenches over approximately 400 -
500 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
, 2020 Annual
Report, Pg. 119.
www.hecla-mining.com).*
2
3
.
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 silver-lead-zinc 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
2,500 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.
*2.
The Qualified Person has been unable to verify this inferred resource.
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 to download multimedia:
http://www.newswire.ca/en/releases/archive/January2022/10/c1476.html
%SEDAR: 00031923E
For further information:
please contact Mr. John Mirko, CEO of Rokmaster Resources,
[email protected], Ph. 1 (604) 290-4647; For shareholder information please contact: Mike
Kordysz, [email protected], Ph. 1 (604) 319-3171.
CO: Rokmaster Resources Corp.
CNW 06:00e 10-JAN-22