RJX.A RJK Explorations Ltd

KIRKLAND LAKE, ON, Jan. 6 /CNW/ -- KIRKLAND LAKE, ON, Jan. 6 /CNW/ - RJK Explorations Ltd., (RJX.A: TSV) ("RJK") wishes to announce that it has entered into an additional property option agreement in the Blackwater Gold District whereby RJK can acquire an undivided 100% interest in the Dave2 claim consisting of 213.30 hectares. The Dave2 Claim lies along the eastern boundary of RJK's Blackwater West Claim Group and extends into the western portion of Richfield Ventures' Claim Group. RJK is aware that during 2010, considerable work had been done in this area by a junior mining company prior to the majority of the claims in the area being acquired by Richfield Ventures. RJK contracted Fugro Airborne Surveys in December, 2010 to begin a closely‐spaced flight line heli‐borne magnetic and electromagnetic survey over the two RJK claim groups. The Blackwater East Claim Group had been flown just prior to the Christmas break and RJK has learned that Fugro has resumed the survey and are now flying the Blackwater West Claim Group. To exercise the option on the Dave2 Claim, the company must make cash, share and work commitments over a three year period totaling $15,000 cash ($5,000 on signing) 300,000 shares (100,000 on signing) and $300,000 in work commitments ($50,000 in year one). The property is also subject to a 2% net smelter return royalty, of which 1% may be purchased from the vendor for $1,000,000. Map of Blackwater Gold District showing RJK's Claim Groups - http://www.rjkexplorations.com/blackwater-map.pdf Forward Looking Statements: This news release contains or refers to forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that RJK believes, expects or anticipates will or may occur in the future are forward-looking information. Such forward-looking information includes statements contained in this news release regarding discussions in respect of a potential acquisition and funding arrangement and RJK's expectations regarding same and the trading of its shares on the TSX Venture Exchange. This forward-looking information reflects the current expectations or beliefs of RJK based on information currently available to it. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of RJK to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, RJK. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: the failure of RJK to enter into an agreement in respect of such arrangement; delays in obtaining or failure to obtain any required regulatory and/or shareholder approval; and other factors. Any forward-looking information speaks only as of the date on which it is made. Although RJK believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2011/06/c8994.html p/p table border="0"trtdGlenn Kasner, President/td tdVancouver Office:/td/tr trtdTelephone: (705) 567‐5351/td tdJames (604) 565‐5967/td/tr trtdMobile: (705) 568‐7567/td tdua href="mailto:james@rjkexplorations.com"james@rjkexplorations.com/a/u/td/tr trtdua href="mailto:kasner1@ntl.aibn.com"kasner1@ntl.aibn.com/a/u/td/tr/table

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