Rokmaster Resources Corp. (TSX.V: RKR)
Announced the results of the first four drill holes of the ongoing 3,000 m metallurgical drilling program at the Revel Ridge Project, located 35 km northeast of Revelstoke, B.C.
Revel Ridge hosts a gold rich, polymetallic orogenic gold deposit, and is one of the largest undeveloped deposits of this type in the Western Cordillera. […]
|Rokmaster Resources||TSX.V: RKR|
|Market cap||C$29 m @ 25.5c|
|Location||British Columbia, Canada|
Rokmaster Announces Initial Assay Results from its 2021/2022 Metallurgical Drilling Program at Revel Ridge
(Vancouver, January 27, 2022– Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) (“Rokmaster” or the “Company”) is pleased to announce the results of the first four drill holes of the ongoing 3,000 m metallurgical drilling program at the Revel Ridge Project (“Revel Ridge”), located 35 km northeast of Revelstoke, B.C.
Revel Ridge hosts a gold rich, polymetallic orogenic gold deposit, and is one of the largest undeveloped deposits of this type in the Western Cordillera.
Rationale for 2021 and 2022 Metallurgical Drill Program.
The ongoing metallurgical drill program utilizes HQ1core. Rokmaster’s previous drilling in the 2020 and 2021 underground and surface drilling programs used industry standard NQ core. The metallurgical sampling program is designed to obtain large volumes of mineralized drill core for metallurgical testing.
The larger diameter HQ core produces 62% more volume of material per unit length than NQ2core. In the current program, a second drillhole is wedged from the pilot hole, providing Rokmaster with a second mineralized rock volume, with significantly less drilling.
Historically, the majority of the metallurgical studies initiated at Revel Ridge acquired metallurgical bulk samples from the 830 m underground drift.
The samples were representative of a few hundreds of metres of strike length of the Revel Ridge Main Zone, a gold rich polymetallic orogenic gold deposit, but only at the 830 m elevation level. Rokmaster’s 2020 and 2021 exploration programs have demonstrated that:
- The mineralized deformation zone that hosts the Revel Ridge deposit is very large. It has excellent continuity over 1,200 vertical m and is known to persist over strike lengths exceeding 3,500 m.
- The nature of gold mineralization within this large mineralized system may have significant variations in mineralogy, including the potential evolution to a mineralized system with greater amounts of macroscale, visible gold (Rokmaster News Release, June 7, 2021).
Rokmaster’s current metallurgical program entails drilling approximately 3,000 m of HQ core, in 14 drillholes. These drillholes will obtain metallurgical samples from the Yellowjacket, Main, Hanging Wall and Footwall mineralized zones.
The samples will be used to examine variations in metallurgical characteristics of higher elevation levels (up to 890 m), as well as lower elevations (down to 390 m) within the Revel Ridge mineralized zones.
The HQ drillholes in the current program will also obtain samples from over 700 m of strike length of this impressive mineralized system (Figure 1 Rokmaster Metallurgical Drill Hole – Longitudinal).
Analytical Results Metallurgical Drillholes. In addition to conducting metallurgical studies on HQ core samples, HQ drillholes are used to obtain confirmation assays from mineralized zones which may have had limited testing. The results from the first four drillholes in the metallurgical drill program are presented on Table 1. The initial results are significant as:
- All drillholes hit significant mineralized intervals of the Main (“RRMZ”), Yellowjacket (“RRYZ”) and Footwall (“RRFZ”) zones.
- All samples significantly exceed the cut-off grades and widths used for inclusion in the revised and updated mineral resource estimate “MRE” (Rokmaster News Release, January 17, 2022).
- Two of the metallurgical drillholes, RR21-80 and RR21-81 contain macroscale gold in sheeted quartz-iron carbonate veins identified in the Footwall Mineralized Zone.
- The up-dip extension of the Mineralized Zone in the area of the 830 drift has had very limited drilling. The strongly positive results of DDH RR21-82, drilled 60 m above the 830 adit, suggests significant potential exists in this large, and largely untested, target area.
Rokmaster Resources management comments
“Our current metallurgical drilling program is the first concerted effort in the long history of the Revel Ridge deposits to gain a systematic understanding of the metallurgical characteristics over large areas.
“Over the past four decades, metallurgical methods and techniques have experienced quantum steps in their ability to cost effectively deal with gold liberation in high sulphide auriferous gold deposits.
“Over the past 12 months, Rokmaster’s metallurgical team has already raised the benchmark in the process metallurgy of the Revel Ridge ores. We fully anticipate that the current metallurgical drilling program, and the results of these leading-edge metallurgical studies will conclusively demonstrate that cost effective metallurgical processes are attainable at Revel Ridge.
“Positive results to those studies will provide the final key to unlock the incredible mineral endowment of the Revel Ridge deposits.”
John Mirko, President & CEO of Rokmaster Resources
City Investors Circle is based in the financial district in the City of London
We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.
Our audience is selected and invited individually to ensure interest and relevance for the presenting company.
Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.
We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.
If you wish to present to our select group of active mining investors, please email firstname.lastname@example.org
This website is not sponsored, we are truly independent, and will always remain so.
Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.