Rokmaster Resources (TSX.V: RKR)
Announced commencement of the surface diamond drill program at its Revel Ridge Project.
The current drill program is primarily directed to efficiently test the Revel Ridge Main Zone northwest of the 830 Portal. Drilling will additionally test the Zinc Creek Showing.
|Rokmaster Resources||TSX.V: RKR|
|Market cap||C$15.5 m @ 12c|
|location||British Columbia, Canada|
Rokmaster Commences Drilling of Surface Targets at Revel Ridge
(Vancouver, August 04, 2022– Rokmaster Resources Corp. (TSX.V: RKR) (OTCQB: RKMSF) (FSE: 1RR1) (“Rokmaster” or the “Company”) is pleased to announce commencement of the surface diamond drill program at its Revel Ridge Project (“Revel Ridge” or the “Project”).
The current drill program is primarily directed to efficiently test the Revel Ridge Main Zone (“RRMZ”) northwest of the 830 Portal (Figure 1 – Plan map) where 2021 surface drilling indicates that there is strong continuity to the RRMZ approximately 515 metres northwest of the 830 Portal (Figure 2 – Longitudinal Section).
Drilling will additionally test the Zinc Creek Showing, which occurs approximately 920 m to the southeast of the southernmost 1991 surface drill holes 91-73 and 91-74.
Rock samples collected in 2021 from the massive sulphide portion of the Zinc Creek Showing assayed up to 7.20 g/t Au, 121.0 g/t Ag, 6.55 % Pb, and 12.99 % Zn.
This style of mineralization is highly characteristic of the RRMZ and is located on strike at a significant distance from previous drilling. The drill program will total approximately 5,000 metres and is designed to expand the volume of the RRMZ as defined in the updated NI 43-101 Mineral Resource Estimate filed on SEDAR on January 17, 2022:
- Measured & Indicated (M&I): 1.36 million gold equivalent (“AuEq”) ounces contained within 6.73 million tonnes with an average grade of 6.27 g/t AuEq.*
- Inferred (Inf): 1.22 million AuEq ounces contained within 6.00 million tonnes at an average grade of 6.33 g/t AuEq.
The full assay results from the spring 2022 drill program are expected to be received by the Company in the coming weeks and will be published shortly after.
John Mirko, President and CEO of Rokmaster Resources stated:
“The entire Rokmaster team is excited to be back at Revel Ridge for the surface drill program. We have multiple targets to test with drilling, geological mapping, prospecting, and geochemistry within Revel Ridge Project and our surrounding Revelstoke properties.
“The ongoing drill program will principally test the RRMZ at depth to the northwest with broad, approximately 100 m step-outs. These large drill hole step-outs will further test the remarkable continuity and homogeneity of the mineralization in this area.
“The results of this program will be included in the next resource update, which is planned to be complete in 2023.
“We are also eagerly anticipating the results of the updated PEA, which is scheduled to be complete in the fourth quarter of 2022.
“This update will apply the 2021 resource estimate (Rokmaster news release, December 01, 2021), in addition to recent metallurgical advancements to the already positive 2020 PEA (Rokmaster news release, December 08, 2020)”.
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