RJX.A RJK Explorations Ltd

KIRKLAND LAKE, ON, Aug. 17, 2011 /CNW/ -- KIRKLAND LAKE, ON, Aug. 17, 2011 /CNW/ - RJK Explorations Ltd., (TSX Venture: RJX.A) ("RJK") would like to provide an update to its ongoing exploration activities on the 13,850 hectare Blackwater East, West and Dave 2 properties, located in the Nechako Plateau Gold - Copper Belt approximately 100 kilometers southwest of Vanderhoof, B.C. The properties are contiguous both to the East and the West of the New Gold Davidson-Blackwater multi-million ounce, bulk tonnage gold deposit which is being delineated by a 40,000m - 50,000m drill program. In addition, the East Blackwater property is contiguous to the south of the Capoose gold/silver deposit (827,000 oz Au and 56.1 million oz Ag indicated & inferred) as well as contiguous to the north of the 3T's vein-type gold deposit. Both of these deposits are held by Silver Quest Resources Ltd. RJK is now pleased to report that the company has completed approximately 1,540 line kilometers of helicopter-borne ZTEM geophysical surveying on its Blackwater East, West and Dave 2 properties. This work was implemented to compliment the Dighem V airborne magnetic and electromagnetic survey completed last spring. Additional geophysical interpretation is ongoing, however, RJK is pleased to note that preliminary results suggest that several deposit-scale targets have been identified. For that reason, an immediate in the field follow-up of these target areas will begin, consisting of line cutting and IP geophysical surveying for which permits have already been received from the Provincial Government. We are very encouraged by our exploration results to this point. With most of the properties on the Plateau being almost entirely obscured by glacial tills, they have seen little historic exploration. "From our work over the last 10 months, utilizing modern exploration techniques, high quality epithermal gold-silver and quite possibly gold-copper porphyry-type targets are being developed which will be drill ready later this year," said Glenn Kasner President of RJK. Forward Looking Statements: 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/August2011/17/c4326.html table valign="top" border="0" tr td Glenn Kasner, Presidentbr/ Telephone: (705) 567-5351br/ Mobile: (705) 568-7567br/ a href="mailto:kasner1@ntl.aibn.com"kasner1@ntl.aibn.com/a /td td   /td td   /td td   /td td   /td td   /td td   /td td   /td td valign="top" align="left" Vancouver Office:br/ James (604) 565-5967br/ a href="mailto:james@rjkexplorations.com"james@rjkexplorations.com/abr/ /td /tr /table

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