VANCOUVER, BC, Aug. 8, 2023
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF)
(FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce
the final assay results of the spring diamond drilling program on
the Revel Ridge Project ("Revel Ridge"). Assay results from
drillholes RR23-113, RR23-116, RR23-117 and RR23-118 are presented
below.
Table 1: Revel Ridge 2023 Additional Drillcore Assay
Results1-5
DDH
|
From
(m)
|
To (m)
|
Length
(m)
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
|
RR23-110
|
111.80
|
112.30
|
0.50
|
1.95
|
1.94
|
0.50
|
0.00
|
0.00
|
RRMZ
|
|
|
|
|
|
|
|
|
|
|
|
|
DDH
|
From
(m)
|
To (m)
|
Length
(m)
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
|
RR23-111
|
147.58
|
148.60
|
1.02
|
3.88
|
3.85
|
1.13
|
0.05
|
0.02
|
RRMZ
|
|
|
|
|
|
|
|
|
|
|
|
|
DDH
|
From
(m)
|
To (m)
|
Length
(m)
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
|
RR23-112
|
227.40
|
227.83
|
0.43
|
3.52
|
3.03
|
8.00
|
0.42
|
0.96
|
RRMZ
|
|
RR23-112
|
231.00
|
231.50
|
0.50
|
7.41
|
7.35
|
2.00
|
0.07
|
0.08
|
RRMZ
|
|
RR23-112
|
233.80
|
234.40
|
0.60
|
4.76
|
4.75
|
0.50
|
0.01
|
0.01
|
RRMZ
|
|
|
|
|
|
|
|
|
|
|
|
|
DDH
|
From
(m)
|
To (m)
|
Length
(m)
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
|
RR23-114
|
352.00
|
352.90
|
0.90
|
4.66
|
3.88
|
28.00
|
0.52
|
1.15
|
RRMZ
|
|
|
|
|
|
|
|
|
|
|
|
|
DDH
|
From (m)
|
To (m)
|
Length
(m)
|
AgEq g/t
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
RR23-115
|
73.20
|
101.70
|
28.50
|
565.76
|
4.35
|
0.11
|
60.54
|
2.64
|
6.67
|
RRYZ
|
including
|
75.10
|
80.40
|
5.30
|
1,233.45
|
9.48
|
0.14
|
125.70
|
5.54
|
14.78
|
RRYZ
|
including
|
95.95
|
101.70
|
5.75
|
654.38
|
5.03
|
0.29
|
82.49
|
3.80
|
6.99
|
RRYZ
|
|
|
|
|
|
|
|
|
|
|
|
DDH
|
From
(m)
|
To (m)
|
Length
(m)
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
|
RR23-115
|
134.80
|
136.60
|
1.80
|
5.63
|
3.11
|
56.22
|
3.31
|
3.45
|
RRMZ
|
|
including
|
135.20
|
135.60
|
0.40
|
13.76
|
7.99
|
101.00
|
5.66
|
10.39
|
RRMZ
|
|
|
|
|
|
|
|
|
|
|
|
|
DDH
|
From (m)
|
To (m)
|
Length
(m)
|
AgEq g/t
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
RR23-113
|
71.32
|
72.16
|
0.84
|
791.60
|
6.08
|
0.02
|
76.00
|
5.15
|
8.48
|
RRYZ
|
RR23-113
|
77.90
|
78.90
|
1.00
|
316.24
|
2.42
|
0.43
|
2.00
|
0.03
|
5.24
|
RRYZ
|
RR23-113
|
303.20
|
303.75
|
0.55
|
259.07
|
2.56
|
1.63
|
22.00
|
0.88
|
1.51
|
RRMZ
|
|
DDH
|
From (m)
|
To (m)
|
Length
(m)
|
AgEq g/t
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
RR23-116
|
58.20
|
66.05
|
7.85
|
465.98
|
3.58
|
0.03
|
45.92
|
2.21
|
5.53
|
RRYZ
|
including
|
63.40
|
66.05
|
2.65
|
786.61
|
6.04
|
0.03
|
70.45
|
3.61
|
9.54
|
RRYZ
|
RR23-116
|
107.80
|
108.80
|
1.00
|
284.13
|
2.80
|
2.23
|
20.00
|
0.79
|
0.52
|
RRMZ
|
|
DDH
|
From (m)
|
To (m)
|
Length
(m)
|
AgEq g/t
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
RR23-117
|
56.31
|
59.24
|
2.93
|
552.36
|
4.25
|
0.10
|
82.12
|
4.45
|
4.85
|
RRYZ
|
RR23-117
|
94.80
|
97.10
|
2.30
|
611.18
|
6.03
|
4.33
|
35.83
|
1.81
|
2.74
|
RRMZ
|
|
DDH
|
From
(m)
|
To (m)
|
Length
(m)
|
AgEq g/t
|
AuEq g/t
|
Au g/t
|
Ag g/t
|
Pb %
|
Zn %
|
Zone
|
RR23-118
|
88.50
|
97.07
|
8.57
|
803.05
|
6.17
|
0.05
|
72.79
|
2.71
|
10.39
|
RRYZ
|
including
|
89.40
|
91.51
|
2.11
|
1238.02
|
9.53
|
0.13
|
169.63
|
5.58
|
14.10
|
RRYZ
|
RR23-118
|
109.84
|
113.15
|
3.31
|
642.76
|
4.94
|
0.11
|
81.01
|
4.03
|
6.67
|
RRYZ
|
RR23-118
|
157.55
|
160.35
|
2.80
|
589.65
|
5.82
|
3.46
|
47.04
|
3.64
|
2.92
|
RRMZ
|
|
Footnote 1.
Reported widths of mineralization are drill hole intervals or core
lengths recovered. Insufficient data exists to permit the
calculation of true width of the reported mineralized
intervals.
Footnote 2. Mineralized Zone abbreviations: RRMZ: Revel Ridge
Main Zone, RRYZ: Revel Ridge Yellowjacket Zone.
Footnote 3. AuEq and AgEq calculations use: Metal prices of Au
US$1,750/oz, Ag US$22/oz, Pb US$0.95/lb, Zn
US$1.26/lb; Footnote 4. Main Zone process
recoveries of Au 96%, Ag 85%, Pb 71%, Zn 70%; Yellowjacket Zone
process recoveries of Au 86%, Ag 94%, Pb 88%, Zn
93%; Footnote 5. RRMZ AuEq = Au g/t + (Ag g/t x
0.010) + (Pb% x 0.265) + (Zn% x 0.314); RRMZ AgEq = Ag g/t + (Au
g/t x 101.478) + (Pb% x 26.933) + (Zn% x 31.847); RRYZ AuEq = (Ag
g/t x 0.008) + (Pb% x 0.310) + (Zn% x 0.457); RRYZ AgEq = Ag g/t +
(Pb% x 40.588) + (Zn% x 59.737)
|
The spring 2023 drill program efficiently tested strike
extensions of the Main Deformation Zone ("MDZ") which hosts
semi-massive to massive sulphide mineralization comprising the
Revel Ridge Main Zone ("RRMZ") Figure 1. An ancillary goal of
the drill campaign was to improve the understanding in an area of
the Revel Ridge Yellowjacket Zone ("RRYZ") while simultaneously
obtaining RRMZ intersections in a large gap of historical drilling.
Previous results from this drill program can be found in the
Company's news release dated July 17,
2023 which is highlighted by drillhole RR23-115 with an
intersection of 565.76 g/t AgEq over 28.50
m in the RRYZ.
Drillholes RR23-115 to RR23-118 were directed to the southwest
to pierce both the RRYZ and the RRMZ more perpendicular to the
orientation of the mineralized bodies. In this area of the deposit,
historical underground drillholes could only be drilled to the
northeast and gave only a narrow account of the RRYZ mineralization
over ~180 m of strike length (Figure 2 and Figure 3). The
historical drilling also did not encounter the RRMZ as a result of
drilling toward the northeast, leaving a large ~180 m x
120 m un-tested gap of the RRMZ.
These four shallow drillholes will substantially improve the
geological model through this area of the deposit and increase the
confidence level of both the RRYZ and RRMZ.
Drillholes RR23-113 and RR23-114 were collared 930 m northwest of the 830 Portal and targeted
the down-dip extension of the MDZ. As previously reported,
drillhole RR23-114 obtained an important RRMZ intersection which
occurs ~370 m to the northwest of the 2022 drillholes which
successfully extended the RRMZ at depth. Drillholes RR23-113 and
RR23-114 represent the return of sulphide mineralization,
particularly sphalerite, within the MDZ at deeper levels to the
northwest. It is noted that the drillholes previously completed to
the northwest all successfully intersected the MDZ to define the
minimum drill-defined strike length of 5.7 km (Figure 4). Further
follow-up drill testing around these drillholes and at deeper
levels along the entire strike-length of the MDZ is an exciting
target and may add significantly to the current mineral resource
estimate (see below) which occupies only ~2.2 km of the known
strike length of the structural system.
Drillhole RR23-113 also encountered a new discovery of
zinc-lead-silver mineralization similar in style to the RRYZ. Near
the top of drillhole RR23-113, approximately 165 m in the hangingwall of the MDZ, semi-massive
sphalerite-galena mineralization is hosted by a silicified
limestone unit. These intersections occur approximately
580 m to the northwest of the closest
RRYZ mineralization which was encountered in drillhole RR22-99 (see
news release dated September 26,
2022).
John Mirko, President and CEO, comments:
"This final batch of assay results from the spring drill
program is further confirmation that the Revel Ridge mineralized
systems exhibit remarkable continuity with successful intersection
over large distances. The four shallow drillholes completed to
refine the RRYZ encountered better than expected mineralization and
will go a long way to improving the understanding and confidence
level of the ounces in this area of the deposit.
Two drillholes completed to the northwest are large (~370 m)
step-outs and intersected mineralization that is highly encouraging
for the RRMZ to continue at deeper levels. We also discovered a new
zone of RRYZ mineralization 580 m to
the northwest that requires additional drilling to adequately
test.
Rokmaster recently filed the technical report associated with
the 2023 MRE (see Company website) and encourages all those
interested to review the document. It represents a detailed and
comprehensive account of the history, geology, mineralization,
metallurgy, and infrastructure on the Revel Ridge Project.
Work is progressing very well on the update to the
preliminary economic assessment which will incorporate the larger
2023 MRE, as well as substantially improved gold recoveries. The
Company expects to be able to deliver the results of the updated
PEA in September 2023."
About Rokmaster
Rokmaster's flagship Revel Ridge Project is host to a high-grade
gold and polymetallic orogenic sulphide deposit which has been the
subject of a PEA Technical Report dated December 8, 2020, and an Updated Mineral Resource
Estimate6 on the Revel Ridge Property with an effective
date of June 6, 2023. The 2023 drill
program was designed to efficiently expand the volume of the Revel
Ridge Main Zone as defined by the 2023 Mineral Resource Estimate,
which currently remains open in all directions:
- Measured & Indicated (M&I): 1.53 million gold
equivalent ("AuEq") Measured & Indicated (M&I) ounces
contained within 7.16 million tonnes with an average grade of 6.63
g/t AuEq.
- Inferred (Inf): 1.49 million AuEq ounces contained
within 7.56 million tonnes at an average grade of 6.11 g/t
AuEq.
Footnote 6. Stone et
al. 2023. Technical Report and Updated Mineral Resource Estimate of
the Revel Ridge Polymetallic Property. NI 43-101 Technical Report
dated July 28, 2023
|
Quality Assurance/Quality Control. All drill core
assay samples have been collected from ½ NQ core, sawn with a
diamond saw with the sample intervals marked by technical
personnel. A full QAQC program using blanks, standards and
duplicates was utilized to monitor analytical accuracy and
precision. QAQC samples are submitted approximately at every 20th
sample, or a minimum of 5% of the total sample stream. Appropriate
standards are used to provide quality control information on high
grade and medium to low grade samples. A limestone blank is
inserted after select samples that have macroscale characteristics
of higher-grade mineralization. Duplicate samples are repeat
analysis of designated primary sample pulps. The samples were
sealed on site and shipped to MSALABS in Langley, British Columbia. MSALABS is an ISO
17025 (Testing and Calibration Laboratory) and an ISO 9001 (Quality
Management System) Certified Laboratory. Drill core samples were
crushed to 2 mm and a 500-gram sub sample was pulverized with 85%
of the sample passing 75 microns. The sub-sample was analysed using
a combination of MSALABS FAS211 for Au and ICP–240 (4 acid
digestion) for silver, base metals and other trace elements. FAS211
for gold is an ore grade fire assay of a 50 g pulp with an AAS
finish with a detection range between 0.01 and 100 ppm). ICP-240
utilizes four acid digestion and provides ore grade analytical data
on silver, base metals and 26 other elements.
The technical information in this news release has been prepared
in accordance with Canadian regulatory requirements as set out in
National Instrument 43-101 and reviewed and approved by
Eric Titley, P.Geo., who is
independent of Rokmaster and who acts as Rokmaster's Qualified
Person.
On Behalf of the Board of Directors of
Rokmaster Resources Corp.
John Mirko,
President & Chief Executive Officer.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term in defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news
release may contain forward-looking information within the meaning
of applicable securities laws ("forward-looking statements").
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
"expects," "plans," "anticipates," "believes," "intends,"
"estimates," 'projects," "potential" and similar expressions, or
that events or conditions "will," "would," "may," "could" or
"should" occur. These forward-looking statements are subject to a
variety of risks and uncertainties which could cause actual events
or results to differ materially from those reflected in the
forward-looking statements, including, without limitation: risks
related to fluctuations in metal prices; uncertainties related to
raising sufficient financing to fund the planned work in a timely
manner and on acceptable terms; changes in planned work resulting
from weather, logistical, technical or other factors; the
possibility that results of work will not fulfill expectations and
realize the perceived potential of the Company's properties; risk
of accidents, equipment breakdowns and labour disputes or other
unanticipated difficulties or interruptions; the possibility of
cost overruns or unanticipated expenses in the work program; the
risk of environmental contamination or damage resulting from
Rokmaster's operations and other risks and uncertainties. Any
forward-looking statement speaks only as of the date it is made
and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information,
future vents or results or otherwise.
SOURCE Rokmaster Resources Corp.