Gold and Silver Updates


Rokmaster Resources Company (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) (“Rokmaster” or the “Firm”) is happy to report preliminary optimistic assay outcomes from its ongoing drill program on the Revel Ridge polymetallic gold-silver Challenge (“Revel Ridge” or the “Challenge”) which display the continuity of gold mineralization within the Revel Ridge Essential Zone (“RRMZ”). The Revel Ridge venture is strategically positioned in south central British Columbia in an space of year-round highway entry and glorious infrastructure 35 km north of Revelstoke .

Highlights Embody:

  • DDH RR20-11 assays 5.09 g/t AuEq over 8.37 metres. (Desk 1). DDH RR20-11 conclusively demonstrates that important gold mineralization exists exterior to the present useful resource space and stays open.
  • Drilling focused mineralization exterior to the prevailing useful resource space to check continuity of gold wealthy mineralization.
  • > 6,200 m of drilling in 20 NQ diamond drill holes accomplished to this point.
  • Drilling is ongoing and additional outcomes are pending from 19 holes.

Desk 1: Vital core pattern interval assay outcomes*

DDH From To (m) Interval (m) Au g/t Ag g/t Cu % Pb % Zn % Au Eq g/t
RR20-11 288.64 290.47 1.83 9.54 75.66 0.11 3.81 10.91 17.30
RR20-11 288.64 292.56 3.92 5.28 43.22 0.07 1.95 6.96 9.97
RR20-11 286.40 294.77 8.37 2.76 23.35 0.04 0.95 3.39 5.09

* Assumptions utilized in USD for the gold equal calculation had been steel costs of $1561 /oz Gold, $20.55 /oz Silver, $1.07 /lb. Zinc, $0.91 /lb. Lead and $2.61 /lb copper with assumed 100% restoration. The components used to calculate gold equivalence is: AuEq = Au (g/t) + (Ag (g/t) x 0.013) + (Zn (%) x 0.47) + (Pb (%) x 0.4) + (Cu (%) x 1.26).
Reported widths of mineralization are drill gap intervals or core size recovered. Inadequate knowledge exists to allow the calculation of true widths of the reported mineralized interval at the moment.

DDH RR20-11 intersected the RRMZ mineralization roughly 90 metres down dip from the final gap drilled on this sectional aircraft and along with outcomes of DDH RR20-12 (outcomes to be launched upon availability) means that, on this part, RRMZ mineralization varieties a close to steady mineralized sheet with a at the moment identified down-dip extent exceeding 600 metres. (Figures 1&2) DDH RR20-11 samples had been rushed forward of different samples for assay to information and delineate extra down dip step-out holes deliberate exterior the outlined present useful resource areas.

John Mirko , President and CEO and Rokmaster, commented: “Rokmaster’s technical staff continues to be impressed with the model and energy of mineralization related to the RRMZ which is a structurally managed, orogenic, gold enriched sulphide system with distinctive continuity. Macroscale traits of mineralization throughout the RRMZ give no indication that system is weakening at depth because the model and type of mineralization over the 600 vertical metres above the DDH RR20-11 pierce level is successfully equivalent.”

Rokmaster has accomplished > 6,200 m of drilling in 20 NQ diamond drill holes in its inaugural 2020 diamond drill program. The drill program has been designed to focus on mineralization exterior to the prevailing useful resource space. The outcomes of DDH RR20-11 strongly verify that gold mineralization of great grade and width exists effectively exterior of the prevailing useful resource space and people zones proceed to be focused by Rokmaster’s technical staff.

Because of the energy of those preliminary outcomes from the Essential Zone, Rokmaster is planning an expanded floor and underground drill program for 2021. The expanded 2021 drill program will proceed to focus on the strongly gold enriched huge sulphides related to the RRMZ, which stays open each alongside strike and up and down dip.

As well as, with the resurgence of curiosity and elevated value of each silver and base metals, the strongly silver enriched Yellowjacket Zone (“RRYZ”), acknowledged as having the best silver content material of any Kootenay Arc silver-zinc-lead deposit, will even be focused with each the floor and underground drill applications.


Determine 1. 2020 Mapping and Compilation – Plan View

Determine 2. Cross Section Through DDH RR20-11

Challenge and Drill Core Pictures.

High quality Assurance/High quality Management. On website personnel, representing Rokmaster Resources Corp., supervised all elements of the drilling and sampling undertaken within the 2020 underground diamond drill program. All samples have been collected from ½ NQ core, sawn with a diamond noticed with the pattern intervals marked by technical personnel. A full QAQC program utilizing blanks, requirements and duplicates was utilized to watch analytical accuracy and precision. The samples had been sealed on website and shipped to MSA Labs in Langley, British Columbia . MSA is an ISO 17025 (Testing and Calibration Laboratory) and an ISO 9001 (High quality Administration System) Licensed Laboratory. Core samples had been crushed to 2 mm and a 250 gram sub pattern was pulverized with 85% of the pattern passing 75 microns. The sub pattern was analysed utilizing a mix of MSA Labs FAS211 for Au and ICP–240 (4 acid digestion) for silver, base metals and different hint components. FAS211 for gold is an ore grade hearth assay of a 30 g pulp with an AAS end with a detection vary between 0.01 and 100 ppm). ICP-240 makes use of 4 acid digestion and supplies ore grade analytical knowledge on silver, base metals and 26 different components.

To this point within the 2020 underground drill program, > 6,200 m of NQ drilling has been accomplished and 430 ½ lower core samples have been shipped to MSA Labs. The turn-around-time of outcomes has been delayed by the protocols required to work beneath Covid 19 restrictions. Out of 20 drill holes the assays from solely 2 drill holes have been obtained. On the time of this press launch, solely the outcomes of DDH 20-11 have been QA/QC, interpreted and compiled. Subsequent drill outcomes will probably be launched upon receipt of the analytical knowledge from MSA Labs and following interpretation of all QAQC knowledge.

The technical data on this information launch has been ready in accordance with Canadian regulatory necessities as set out in Nationwide Instrument 43-101 and reviewed and authorised by Mark Rebagliati , P. Eng., FEC, who’s impartial of Rokmaster.

On Behalf of the Board of Administrators of

Rokmaster Resources Corp.

John Mirko ,
President & Chief Government Officer.

Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period in outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this press launch.

About Rokmaster

Rokmaster controls a portfolio of three important exploration and improvement tasks all of that are positioned in southern British Columbia in areas of fantastic infrastructure. The three tasks embody:

  1. Revel Ridge. Rokmaster is at the moment conducting an underground drill program on the Revel Ridge venture positioned in southeastern British Columbia 35 km’s N of the Metropolis of Revelstoke . Revel Ridge is a high-grade gold and polymetallic orogenic sulphide deposit which has been the topic of a PEA Technical Report dated December 8, 2020 .
  2. Large Copper. Rokmaster controls the Large Copper property within the Creston space of Southern British Columbia . Large Copper is a high-grade copper-silver incidence hosted in mid-Proterozoic rocks. Copper-silver mineralization has been traced for 3 km alongside strike and is uncovered in a sequence of adits and trenches over roughly 250- 300 m of vertical reduction. Large Copper seemingly belongs to a category of stratabound substitute copper-silver deposits hosted inside mid – Proterozoic quartzitic sediments. The model and stratigraphic setting of mineralization at Large Copper could also be analogous to related stratabound silver-copper deposits in NW Montana e.g. the Troy mine (64 million tonnes of 0.74% Cu and 54 g/t Ag (Western Mining Historical past, 2020) or Hecla’s Montanore Mine, 112 million tonnes at 51.2 g/t Ag and 0.7% Cu ( Hecla ).
  3. Duncan Zinc. Duncan Zinc is a carbonate hosted silver-lead-zinc deposit positioned close to Duncan Lake in southern British Columbia . The deposit is hosted inside a Cambrian age  Badshot Limestone which additionally hosts silver-lead-zinc mineralization at Teck’s at the moment producing Pend D’Oreille mine in addition to previous producers together with the Blue Bell Mine, Reeves MacDonald, Jersey-Emerald and HB mines. Mineralization at Duncan Lake varieties within the crest and limbs of the regional scale Duncan Lake anticline, the place robust lead-zinc +/- silver mineralization has been traced by floor and underground drilling for about 2500 m . At Duncan Lake, Rokmaster will probably be concentrating on > 30 Mt of >10% Pb+Zn+Ag. Historic background and a geological synthesis of the Duncan Lake deposit is offered in a NI 43-101 report by Lane, B., 2018: Technical Report on the Duncan Lake Challenge.

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This information launch might comprise forward-looking data throughout the that means of relevant securities legal guidelines (“forward-looking statements”). Ahead-looking statements are statements that aren’t historic details and are usually, however not at all times, recognized by the phrases “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” ‘tasks,” “potential” and related expressions, or that occasions or circumstances “will,” “would,” “might,” “may” or “ought to” happen. These forward-looking statements are topic to quite a lot of dangers and uncertainties which may trigger precise occasions or outcomes to vary materially from these mirrored within the forward-looking statements, together with, with out limitation: dangers associated to fluctuations in steel costs; uncertainties associated to elevating enough financing to fund the deliberate work in a well timed method and on acceptable phrases; adjustments in deliberate work ensuing from climate, logistical, technical or different components; the likelihood that outcomes of labor won’t fulfill expectations and understand the perceived potential of the Firm’s properties; threat of accidents, gear breakdowns and labour disputes or different unanticipated difficulties or interruptions; the potential of price overruns or unanticipated bills within the work program; the danger of environmental contamination or injury ensuing from Rokmaster’s operations and different dangers and uncertainties. Any forward-looking assertion speaks solely as of the date it’s made and, besides as could also be required by relevant securities legal guidelines, the Firm disclaims any intent or obligation to replace any forward-looking assertion, whether or not because of new data, future occasions or outcomes or in any other case.

SOURCE Rokmaster Resources Corp.

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