RJK Explorations Ltd. announces that, further to its news release of December 1, 2020, it has received TSX Venture Exchange acceptance of the shares for debt transaction to settle an aggregate of $156,940.86 in indebtedness of the Company owing to Mr. Glenn Kasner, President of RJK, through the issuance of 871,894 Class A Subordinate Voting Shares at a price of $0.18 per Class A Share . The Settlement Shares are subject [...]
RJK Explorations Ltd. is pleased to announce the diamond and indicator results from work completed at CF Mineral Research Ltd , Kelowna, BC., an ISO 9001:2015 certified and 17025:2005 compliant laboratory. CFM carried out attrition milling, heavy mineral processing, picking and electron microprobe analysis to identify and probe for diamond indicator minerals and caustic fusion for microdiamond analysis from three sample [...]
RJK Explorations Ltd. is pleased to announce that the Company has discovered its fourth kimberlite body with its ongoing drill program on the Nipissing Diamond Project holdings in Lorrain Township, Cobalt, Ontario. The HSM conductance anomaly is approximately 1,400 m in length by 350 m in width or approximately 45 hectares in size and is located 1 km south of the Robin's Place kimberlite . As per the image in this news [...]
RJK Explorations Ltd. announces that it has granted today a total of 450,000 stock options to purchase Class A Subordinate Voting Shares in the capital of the Company to directors, officers and consultants of the Company at an exercise price of $0.18 per Class A share, expiring on December 1, 2025. The closing price of the Company's Class A Shares on November 30, 2020 was $0.24. These options vest immediately and are [...]
RJK Explorations Ltd. is pleased to announce that permits for stripping, pitting, trenching and ground geophysics have been received for the Paradis, Robin's Place, and Gleeson kimberlites, to take samples in areas greater than 100m2, within a 200m radius, enabling the company to take large tonnage samples. RJK is initiating a sample of approximately four tons from three drill hole locations, with spacing distances of [...]
RJK Explorations Ltd. is pleased to announce that the Company has discovered two new kimberlites in its ongoing drilling program and extended the length of the Paradis Pond kimberlite to approximately 1.2 km's. The two new kimberlites are located 200 meters south and 900 meters southeast of the Paradis Pond kimberlite. Kimberlite drill intercepts from Paradis, Robin's Place and Gleeson all lie within conductance anomalies [...]
RJK Explorations Ltd. is pleased to announce that the Company has intersected kimberlite in six additional drill holes in the Paradis Pond/Goodwin Lake area of the Bishop Property, extending the NW to SE trend to over 985 m, establishing a new E-W drill fence over 380 m. The uniform kimberlite along the NW to SE drill fence from holes PP-20-09 to PP-20-16 visually corresponds to RJK's reported kimberlite from Paradis Pond [...]
Prepares Bulk Samples for Testing RJK Explorations Ltd. is pleased to announce that the Company has intersected kimberlite in four additional drill holes in the Paradis Pond/Goodwin Lake area of the Bishop Property, extending the NW to SE trend to over 700 m. Uniform kimberlite from holes PP-20-07 to PP-20-10 visually corresponds to RJK's reported kimberlite from Paradis Pond in 2019 that returned 18 microdiamonds [...]
RJK Explorations Ltd. is pleased to announce that the Company has intersected kimberlite in six drill holes in the Paradis Pond area of the Bishop Property, located approximately 11 km southeast of Cobalt, Ontario. These new intersections are proximal and visually correspond to RJK's previously reported kimberlite drill intersections, from the 2019 drilling campaign, which returned 18 micro diamonds varying in colour, and [...]
RJK Explorations Ltd. is pleased to announce that 7 natural microdiamonds, varying in colour from clear to white have been recovered from the 277 kg drill core sample from the KON 1 target drilled earlier this year. Three of the diamonds were chips with a greenish tinge and the other four are white diamond chips and macles. The chips are generally flat with one being triangular shaped, possibly a broken fragment from a [...]
RJK Explorations Ltd. , further to its press releases dated June 5 and 17, 2020, it has closed the non-brokered private placement offering of units and flow-through units . Pursuant to this closing, the Company raised a total of $600,000 for the issuance of 3,600,000 Units of the Company at a price of $0.15 per Unit and 300,000 FT Shares at a price of $0.20 per FT Share . Each HD Unit consists of one common share of the [...]
RJK Explorations Ltd. is pleased to announce that it has resumed drilling on several potential kimberlite targets within the Company's Cobalt, Ontario area land holdings. The drilling had been suspended earlier this season due to the Covid-19 crisis and the resulting restrictions. Several geophysical and geological targets will be investigated that are supported by till kimberlite indicator mineral geochemistry located in [...]