RJK Explorations Ltd. has suspended its drilling operations on the Rolling Pond gold Property located in the Moosehead area of Central Newfoundland. The Company has run into extensive mechanical issues and difficult ground conditions on its first drill hole of the program which began in early November. Two attempts were made to complete the first drill hole of the program with both being unsuccessful. A maximum depth of [...]
RJK Explorations Ltd. is pleased to announce that its shareholders approved all resolutions brought before them at the Corporation's Annual General Meeting of Shareholders held in Kirkland Lake, Ontario on November 23, 2018. The matters approved at the Meeting include the following: i) the election of the directors nominated in the information circular filed by the Corporation on October 26, 2018, namely Glenn C. Kasner [...]
RJK Explorations Ltd. is pleased to announce that it has commenced a drill program on its Rolling Pond epithermal gold property located in the Moosehead Trend of Central Newfoundland. The drill contract was been awarded to Cartwright Drilling Inc. based in Goose Bay, Labrador and consists of a minimum of 750 meters of diamond drilling. Two to three holes will be collared to test the epithermal system below the boiling [...]
RJK Explorations Ltd. has received results from the recent soil geochemical program on its Rolling Pond Property located in the Moosehead Trend of Central Newfoundland. The Phase 1 program was initiated to identify the southeastern extension of the Rolling Pond Structure associated with the large epithermal system in the northern portion of the Property. Reconnaissance soil sampling was performed on 250-meter spaced lines [...]
RJK Explorations Ltd. is pleased to announce that it has expanded its land position at its Rolling Pond Property, Moosehead Gold Belt, Nfld by way of map staking. The Company has acquired an additional 100 claims covering 2500 hectares to secure additional prospective ground in the area. Currently, the Rolling Pond Property consists of 242 contiguous claims covering 6,050 hectares. Field crews have been mobilized to the [...]
RJK Explorations Ltd. is pleased to announce that it has optioned the drill ready Rolling Pond Property within the Moosehead Gold Belt, Newfoundland. The Rolling Pond Property consists of 142 contiguous claims covering 3550 hectares of highly prospective ground containing a well documented, gold bearing epithermal system. The Rolling Pond Property contains a large epithermal system within a structural corridor that [...]
RJK Explorations Ltd. is pleased to announce that it has entered into an option agreement on a property that is contiguous to both its Moosehead Gold District Property and the Sokoman Moosehead Property. This new property, called the Moosehead Extension Property, consisting of two exploration licenses totalling 20 claims. Within the Moosehead Extension Property is the Sugar Mountain Gold Showing, as is fully described in [...]
RJK Explorations Ltd. is pleased to announce that it has completed its acquisition of the Moosehead Gold District Project located in Newfoundland, Canada. The MGD Project is located within a northeast-trending belt of Silurian volcanic, volcaniclastic and sediment rocks. The project has considerable coverage of the large regional fault structure located in the area. The MGD Project consists of 208 claim units representing [...]
RJK Explorations Ltd. is pleased to announce that it has completed a non-brokered private placement consisting of 20,000,000 Class A Common shares at a price of $0.05 per Share. Under the financing, subscribers included 2176423 Ontario Ltd. , which subscribed for 5,000,000 Shares, and Palisade Global Investments, which subscribed for 4,700,000 Shares. Glenn Kasner, President and CEO of the Company, states, "The Company is [...]
RJK Explorations Ltd. is pleased to announce that it has agreed to acquire the Moosehead Gold District Project located in Newfoundland, Canada. The MGD Project is located within a northeast-trending belt of Silurian volcanic, volcaniclastic and sediment rocks. The project has considerable coverage of the large regional fault structure located in the area. The MGD Project consists of 208 claim units representing exclusive [...]
RJK Explorations has entered into a revised property option agreement with Globex Mining Enterprises Inc. on the Maude Lake Gold Property. The terms of the revised option are a cash payment of $20,000 on signing; in 4 months a further $100,000 payment and 400,000 shares with a commitment to spend a minimum of $500,000 within 12 months. The initial expenditures follow the recommendations contained in the NI 43-101 report [...]
RJK Explorations reports that the company has completed a first phase exploration program on its 3,800 hectare Normetal East Property. The Normetal East Property is located within the Abitibi belt, 15 kilometers north of La Sarre, Quebec and covers approximately 15 kilometers of the "mine sequence" which contains the Normetal Deformation Zone in the Normetal volcanic complex. The Normetal East Deformation Zone is [...]