RJK Explorations (RJX.A-V) receives drill permit for Blackwater
May 27, 2013 - News Release
RJK Explorations Ltd. has received a multiyear, area-based drill permit for its West Grid 4 anomaly located within the company's 100-per-cent-owned, 8,250-hectare Blackwater West property in central British Columbia.
The West Grid 4 anomaly is a north-south-striking, deposit-scale-sized, 1,200-metre-long-by-300-to-500-metre-wide, moderate- to high-chargeability induced polarization (IP) geophysical anomaly and has an intimately associated base-metal soil anomaly over areas geochemically surveyed during the last field season. The West Grid 4 anomaly is located approximately three kilometres northwest of Independence Gold's 3Ts gold/silver deposit, 16 kilometres southwest of New Gold's Davidson gold/silver deposit and 23 kilometres south of New Gold's Capoose gold/silver deposit.
Two drill holes completed in the vicinity of the West Grid 4 anomaly last season returned highly anomalous disseminated and stringer-type mineralization in rhyolite and rhyolite fragmental rocks, with the best intersection being 23.1 grams per tonne silver, 0.22 per cent copper, 0.64 per cent zinc and 0.12 per cent lead over two metres in drill hole BWW12-02, and 2.78 grams per tonne silver, 0.29 per cent zinc and 0.24 per cent lead over 37 metres (including 5.76 grams per tonne silver, 0.6 per cent zinc and 0.45 per cent lead over 11 metres) in drill hole BWW12-03.
RJK intends to conduct drill testing of this anomaly as conditions permit.
Fred Sharpley, PGeo, the company's vice-president of exploration and qualified person for the Blackwater project, has reviewed and approved the contents of this news release.
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