VANCOUVER, BC, Nov. 5, 2024
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF)
(FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to provide an
update for its 100% owned Selkirk Project.
The Selkirk Project is comprised of three properties: (a)
the Keystone Property; (b) the Rift Property; and (c) the Downie
Gold Property located north of Revelstoke in southeastern British
Columbia (Figure 1). These three properties have been advanced
by Rokmaster since 2021 with positive results generated from
geological mapping, prospecting, channel sampling, and soil
sampling. A field work program was completed in August 2024 on the
Keystone Property and the Rift Property. Further encouraging assay
results1 have been returned from the rock and soil
samples collected in 2024 and are described below.
The 5,276 hectare Keystone Property is underlain by early
Paleozoic sedimentary and volcanic rocks of the Index Formation.
The northern extension of the mapped Akolkolex Thrust fault occurs
within and proximal to the property, providing potential for
orogenic-style gold mineralization. During one of the Company's
first visits to the Keystone Property in 2021, a historical trench
was found which exposes arsenopyrite mineralization grading 4.51
g/t Au, 274 g/t Ag, and 2.92% Zn in a grab sample. Replacement and
vein-hosted sphalerite and galena mineralization has been
discovered throughout the large property during later field work
programs collecting grab samples (Figure 2). The 2024 field work
found further high-grade silver, lead, and zinc mineralization with
grab samples in two new areas of the property, termed the Western
and Eastern Expansion areas, where zones of dense
quartz-galena-sphalerite veining is hosted in deformed
dolostone.
Table 1: Keystone Property Highlighted 2024 Rock Sample
Results1
2024
Sample
|
Area
|
Easting
|
Northing
|
Pb+Zn
%
|
Ag
g/t
|
Pb %
|
Zn %
|
Au
g/t
|
BD0093
|
Western
Expansion
|
410605
|
5700759
|
26.07
|
657.0
|
14.61
|
11.46
|
0.107
|
JD03
|
Western
Expansion
|
410444
|
5700960
|
7.66
|
177.0
|
7.58
|
0.08
|
0.106
|
BD0089
|
Western
Expansion
|
410275
|
5701000
|
6.54
|
229.0
|
6.51
|
0.03
|
0.16
|
BD0088
|
Western
Expansion
|
410309
|
5700931
|
3.95
|
76.7
|
3.77
|
0.18
|
0.034
|
BD0086
|
Western
Expansion
|
410273
|
5700824
|
3.29
|
49.7
|
2.14
|
1.15
|
0.18
|
CM13
|
Eastern
Expansion
|
411347
|
5701216
|
32.48
|
459.0
|
28.10
|
4.38
|
0.024
|
CM11
|
Eastern
Expansion
|
411461
|
5701564
|
20.62
|
327.0
|
19.37
|
1.25
|
0.053
|
CM05
|
Eastern
Expansion
|
411487
|
5700484
|
15.18
|
103.0
|
5.14
|
10.04
|
1.44
|
BD0082
|
Eastern
Expansion
|
411677
|
5701290
|
13.68
|
54.5
|
2.91
|
10.77
|
0.029
|
BD0083
|
Eastern
Expansion
|
411416
|
5701203
|
3.13
|
58.1
|
2.49
|
0.64
|
0.043
|
BD0085
|
Eastern
Expansion
|
411246
|
5701320
|
2.16
|
27.4
|
2.02
|
0.14
|
0.0025
|
CM06
|
Eastern
Expansion
|
411487
|
5700484
|
4.98
|
82.3
|
1.81
|
3.17
|
3.07
|
The 299 hectare Rift Property hosts the Rift Showing
where grab samples collected in 2022 assayed up to 35.25% Zn, 8.60%
Pb from a stratabound massive sphalerite-galena horizon in pelitic
schist. The sulphide mineralization averages 1.0 metre in thickness
and is exposed for approximately 25 metres of strike length in the
incised creek gully of Rift Creek, before being lost under cover
(Figure 3). Drillhole M-85-2 was completed in 1985 approximately
460 m east of the Rift Showing and
encountered 22.21% Zn and 4.82% Pb over 1.82
m and may represent the on-strike continuity of the Rift
stratiform zinc-lead massive sulphide horizon2,3. Soil
sampling in 2024 tested the eastern continuation of a soil anomaly
generated in 2022. Although the soil anomaly was not extended, the
results give credence to the theory that the mineralization
encountered in drillhole M-85-2 represents a blind extension of the
massive sphalerite-galena mineralization outcropping at the Rift
Showing.
The third property which was not visited in 2024 but there are
plans to return in 2025 is the 1,367 hectare Downie Gold
Property which covers a package of Index and Aklolkolex
Formation rocks situated between the Goldstream Pluton and
Long Creek Stock. The property hosts
elevated gold in massive pyrrhotite-pyrite-galena mineralization
associated with discordant stockwork veins and silicification in
limestone rocks at the KJ Zone. In 2022, channel sample KJ6
returned 7.51 g/t Au, 616.14 g/t Ag, 7.93% Pb, and 1.72 % Zn over
3.50 meters. At the Melt Zone in the western portion of the Downie
Gold Property, skarn-style massive pyrrhotite and sphalerite
mineralization locally hosts elevated gold proximal to the
Goldstream Pluton. In 2023, a grab sample was collected from a
3.0 m wide garnet-diopside skarn
horizon assayed 0.36% tungsten which is located the northern limit
of the 3.0 km long historically mapped "FIM" skarn horizon on the
east side of the Downie Gold Property (Figure 4).
Exploration permits for low-impact helicopter-supported diamond
drilling were applied for the Keystone and Downie Gold properties in December 2023. Both permits have now reached the
final stages of the permitting process.
Footnote 1: Rock and
soil samples were prepared and analyzed by MSALABS in Langley BC.
Rock samples were dried, crushed to <2mm, and 250g was split and
pulverized to 85% -75μm. Soil samples were dried, and 500 g was
screened to 80 mesh and the minus fraction was assayed. Rock
samples were analyzed for Au by fire assay of a 30 g sample with an
AAS finish (MSA method FAS-111) and for 34 elements including Ag,
Pb and Zn by 4-acid digestion of a 0.25 g sub-sample with ICP-ES
finish (MSA method ICP-230). Overlimits by this method, including
Ag >100 ppm, Pb >10,000 ppm and Zn >10,000 ppm, were
re-analyzed by an ore grade 4-acid digestion single element ICP-ES
method (MSA method code ICF-6xx where xx is the element). Pb values
>20% were further analyzed by volumetric titration. Soil samples
were analyzed for 39 elements including Au by aqua regia digestion
of a 20 g sample with an ICP-ES/MS finish (MSA method IMS-128).
|
Footnote 2: Bellamy,
J. 1985. 1985 Drilling report, Mica Project. Assessment Report for
E&B Exploration. BC Assessment Report Database #14163.
|
Footnote 3:
MacIntyre, D. 2010. Results of an Airborne VTEM and Magnetometer
Geophysical Survey and Follow-up Geochemical Sampling, Columbia
Belle Property, Southeast British Columbia, Canada. Assessment
Report for Goldstar Minerals Inc. BC Assessment Report Database
#31824.
|
John Mirko, President and CEO, comments:
"Every time field work is completed on the Selkirk Project,
positive results are returned from these underexplored
properties. The 2024 field work was limited due to
challenging market conditions but still gathered valuable
information including high-grade Ag-Pb-Zn mineralization. The metal
prices are actively catching up and the Selkirk project remains a fantastic
opportunity for the discovery of significant
mineralization"
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.