RJK Explorations wishes to provide an update of its ongoing exploration work at its 15 kilometer-long Normetal East Property located just north of the town of La Sarre, Quebec and easily accessible by Highway 393. Phase One line cutting and ground geophysical surveying has been completed over an initial area of interest covered by Esker sand and several target anomalies have been discovered. With all government permitting [...]
RJK Explorations is pleased to announce that the Company has been able to option the Normetal East Property, located in Northwestern, Quebec. The Normetal East Property is located within the Abitibi belt, approximately 10 km south-east of the former Normetal Mine, a base-metal orebody where more than 10 million tonnes of ore were produced between 1937 to 1975 grading 5.41% Zn, 2.24% Cu, 44.45 g/t Ag and .526 g/t Au. The [...]
RJK Explorations wishes to update the progress on the drilling of Deep Hole 1 at the Maude Lake Gold Property. Drilling was proceeding ahead until reaching 627 meters on the way to a target drill length of 1050 meters. At approximately 620 meters, drilling encountered a zone of ultramafic volcanics at which point the drill rods began binding and drilling had to be suspended. After attempting to correct the problem over a [...]
RJK Explorations has completed the previously announced sale to [wp=145]New Gold of all of its interest in the BW East Claims, the BW West Claims and the BW South Claims, located in the Blackwater Gold District in British Columbia, for total cash consideration of C$1.0 million. The sale includes all of RJK's technical information related to the Properties, the permits held under the Mineral Tenure Act (British Columbia), and all [...]
RJK Explorations announces that it has completed its 2017 Annual and Special Meeting of shareholders of the Corporation on June 26, 2017, in Kirkland Lake, Ontario. Shareholders voted a majority of shares for the election of directors nominated in the information circular filed by the Corporation on May 29, 2017, namely Glenn C. Kasner, Daniel Mackie, William E. MacRae and Amanda Kasner. Shareholders also approved the [...]
RJK Explorations has received further results of drilling from the ongoing 5,000m drill program on the 100% owned Maude Lake Gold Property. The primary objective of this drilling is to confirm several of the historical results and to also determine possible extensions and controls for a number of the gold veins. Hole From (m) To (m) Core Length (m) Gold (g/t) Vertical Depth From Surface ...
RJK Explorations announces that drilling of the RJK Deep Hole 1 commenced as of Monday, June 5th with an initial targeted drill length of over 1000m. The RJK Deep Hole 1 drill location was supplied by Earth Science Services, using a drill target modelling interpretation system, Stargate II, which employs an enhanced deep-penetrating ultra-sonic AMT geophysical survey. RJK Deep Hole 1 Drilling - Glenn Kasner, President of [...]
RJK Explorations announces that it has entered into a Service Agreement with Earth Science Services pursuant to which ESSCO will conduct a one hole drill program on a target area on RJK's Maude Lake property which it has identified as promising using its proprietary target modelling interpretation system. For such service, RJK is paying ESSCO $8,000 to cover certain expenses incurred by ESSCO and will pay for drilling [...]
RJK Explorations announces that it has closed its previously announced non-brokered private placement of units of securities of RJK raising $300,000. Pursuant to the Offering, RJK sold 2,000,000 units at a price of $0.15 per Unit, each Unit comprised of one Class A Subordinate Voting Share of the Corporation and one Class A Share purchase warrant, with each Warrant entitling the holder to purchase an additional Class A [...]
RJK Exploration intends to offer for sale, by way of a non-brokered private placement, units of securities of RJK to raise up to $300,000. Under the terms of the Offering, RJK may sell up to 2,000,000 units at a price of $0.15 per Unit, each Unit comprised of one Class A Subordinate Voting Share of the Corporation and one Class A Share purchase warrant, with each Warrant entitling the holder to purchase an additional [...]
Toronto, Ontario--(Newsfile Corp. - May 16, 2017) - RJK Explorations Ltd. (TSXV: RJX.A) ("RJK") announces that it has entered into a Purchase Agreement with New Gold Inc. ("New Gold") to sell to New Gold all of RJK's interest in the BW East Claims, the BW West Claims and the BW South Claims, located in the Blackwater Gold District in British Columbia (the "Properties"), for total cash consideration of C$1.0 million. The [...]
Toronto, Ontario--(Newsfile Corp. - May 8, 2017) - RJK Explorations Ltd. (TSXV: RJX.A) ("RJK") announces that it has completed the issuance of 100,000 Class A subordinate voting shares in the capital of RJK to Globex Mining Enterprises Inc. ("Globex"). The shares were issued at a deemed price of $0.15 per Class A Share in connection with an extension of a payment due to Globex, as detailed in RJK's news release dated May [...]