VANCOUVER, BC, May 2, 2023
/CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE:
1RR1) ("Rokmaster" or "the Company") is pleased to announce work
has commenced in preparation for its upcoming diamond drill program
(see News Release dated April 12,
2023) on Rokmaster's Revel Ridge Project ("Revel
Ridge").
Crews have arrived on site and are busy preparing the access
road and site infrastructure. The initial drillhole will target
down-dip of the 2022 channel sampling on the southeastern extension
of the Revel Ridge Main Zone ("RRMZ"). Additional targets which aim
to expand the RRMZ on the northwestern extension will be tested in
the near future.
John Mirko, President and CEO,
comments:
"The Rokmaster team and all of our fantastic contractors are
glad to return to the Revel Ridge Project for another drill
campaign. The Revel Ridge Project has always positively advanced
between the time of a drill arriving and leaving the Project. The
updates to the MRE and the PEA are being thoroughly developed and
the Company will release the results as soon as available."
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.
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 a Technical Report of an
Updated NI 43-101 Mineral Resource Estimate1 on the
Revel Ridge Property, dated January 17,
2022. The 2023 drill program is designed to efficiently
expand the volume of the Revel Ridge Main Zone as defined by the
updated Mineral Resource Estimate, which currently remains open in
all directions:
- Measured & Indicated (M&I): 1.36 million gold
equivalent ("AuEq") Measured & Indicated (M&I) ounces
contained within 6.73 million tonnes with an average grade of 6.27
g/t AuEq.
- Inferred (Inf): 1.22 million AuEq ounces contained
within 6.00 million tonnes at an average grade of 6.33 g/t
AuEq.
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Footnote 1. (Technical
Report and Updated Mineral Resource Estimate of the Revel Ridge
Polymetallic Property Revelstoke Mining Division, British Columbia,
Canada, William Stone, Ph.D., P.Geo. Fred Brown, P.Geo. Jarita
Barry, P.Geo. David Burga, P.Geo. Eugene Puritch, P.Eng., FEC, CET
Stacy Freudigmann, P.Eng. F.Aus.IMM. P&E Mining Consultants
Inc. Report 411 Effective Date: November 15, 2021 Signing Date:
January 17, 2022 filed on SEDAR.)
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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.