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or Name

Rokmaster Resources Corp (2)
Symbol RKR
Shares Issued 139,695,023
Close 2022-10-14 C$ 0.08
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Rokmaster completes surface drilling at Revel Ridge

2022-10-17 11:15 ET - News Release

Mr. John Mirko reports


Rokmaster Resources Corp. has successfully completed its 2022 surface diamond drill program at its Revel Ridge project.

A total of 4,803 metres of diamond drilling was completed in 14 drill holes which were primarily devoted to testing the northwestern extension of the Revel Ridge Main zone (RRMZ) and Yellowjacket zone (RRYZ) proximal to the 2021 mineral resource estimation volumes. Certain drill holes during the program also tested outlying targets to the extreme southeast and northwest limits of the RRMZ where surface mapping and geochemistry suggest continuity of the incredibly persistent mineralized system.

Important target areas within the Revel Ridge project and surrounding Revel North properties were also advanced using mapping, prospecting and geochemical sampling. A total of 62 channel samples, 91 rock samples, 562 soil samples and 70 stream sediment samples were collected from Revel Ridge and surrounding properties in 2022. Encouraging indications from the Keystone property led to the expansion of mineral claims in August to now total 5,276 hectares.

Assay results from six of 14 drill holes have been received and show strong continuation of both the RRMZ and RRYZ to the northwest and confirm a large extension of the RRMZ to the southeast (see press release dated Sept. 26, 2022) and the company expects to receive the balance of the assay results in the coming weeks and will publish shortly after.

John Mirko, president and chief executive officer of Rokmaster, stated:

"We are all enthusiastic to receive the assay results to build into the next mineral resource estimate. Work also continues on updating the preliminary economic assessment by Ausenco Services Pty. Ltd. Rokmaster's geological and prospecting team have meanwhile developed additional prospective drill targets through their work across the Revelstoke properties.

"We sincerely thank all our contractors for their collaboration in utilizing innovative and cost-effective solutions for another successful drilling season."

Quality assurance/quality control

Dr. Jim Oliver, PGeo, supervised all aspects of the drilling and sampling undertaken in the 2021 and 2022 underground and surface diamond drill programs. All assay samples have been collected from one-half NQ core, sawn with a diamond saw with the sample intervals marked by technical personnel. A full QA/QC program using blanks, standards and duplicates was utilized to monitor analytical accuracy and precision. QA/QC samples are submitted approximately at every 20th sample, or a minimum of 5 per cent 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, B.C. MSALABS is an ISO 17025 (testing and calibration laboratory) and an ISO 9001 (quality management system) certified laboratory. Drill core samples were crushed to two millimetres and a 500-gram subsample was pulverized with 85 per cent of the sample passing 75 microns. The subsample was analyzed using a combination of MSALABS FAS211 for gold and ICP-240 (four-acid digestion) for silver, base metals and other trace elements. FAS211 for gold is an ore-grade fire assay of a 50-gram pulp with an atomic absorption spectroscopy finish with a detection range between 0.01 part per million 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, PGeo, who is independent of Rokmaster and who acts as Rokmaster's qualified person.

About Rokmaster Resources Corp.

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 Dec. 8, 2020, and a technical report of an updated NI 43-101 mineral resource estimate on the Revel Ridge property dated Jan. 17, 2022, both filed on SEDAR. The current 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 and indicated: 1.36 million gold equivalent (AuEq) ounces contained within 6.73 million tonnes with an average grade of 6.27 grams per tonne AuEq;
  • Inferred: 1.22 million AuEq ounces contained within six million tonnes at an average grade of 6.33 g/t AuEq.

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