05:41:06 EDT Thu 03 Jul 2025
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or Name
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Rokmaster Resources Corp (2)
Symbol RKR
Shares Issued 163,240,478
Close 2024-10-31 C$ 0.025
Market Cap C$ 4,081,012
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Rokmaster samples up to 657 g/t Ag, 11.4% Zn at Selkirk

2024-11-05 08:17 ET - News Release

Mr. John Mirko reports

ROKMASTER SAMPLES 657.0 G/T AG AND 11.46% ZN ON THE SELKIRK PROJECT

Rokmaster Resources Corp. has provided an update for its 100-per-cent-owned Selkirk project.

The Selkirk project comprises three properties: (i) the Keystone property; (ii) the Rift property; and (iii) the Downie gold property, located north of Revelstoke in southeastern British Columbia. These three properties have been advanced by Rokmaster since 2021, with positive results generated from geological mapping, prospecting, channel sampling and soil sampling. A fieldwork program was completed in August, 2024, on the Keystone property and the Rift property. Further encouraging assay results have been returned from the rock and soil samples collected in 2024 and are described herein.

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 grams per tonne gold, 274 g/t silver and 2.92 per cent zinc in a grab sample. Replacement and vein-hosted sphalerite and galena mineralization has been discovered throughout the large property during later fieldwork programs collecting grab samples. The 2024 fieldwork 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 are hosted in deformed dolostone.

The 299-hectare Rift property hosts the Rift showing, where grab samples collected in 2022 assayed up to 35.25 per cent Zn and 8.60 per cent lead from a stratabound massive sphalerite-galena horizon in pelitic schist. The sulphide mineralization averages one 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. Drill hole M-85-2 was completed in 1985 approximately 460 m east of the Rift showing and encountered 22.21 per cent Zn and 4.82 per cent kead over 1.82 m and may represent the on-strike continuity of the Rift stratiform zinc-lead massive sulphide horizon. 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 drill hole 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 per cent Pb and 1.72 per cent Zn over 3.50 metres. 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 three m wide garnet-diopside skarn horizon and assayed 0.36 per cent tungsten, which is located the northern limit of the three-kilometre-long historically mapped "FIM" skarn horizon on the east side of the Downie gold property.

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.

John Mirko, president and chief executive officer, commented: "Every time fieldwork is completed on the Selkirk project, positive results are returned from these underexplored properties. The 2024 fieldwork 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, PGeo, who is independent of Rokmaster and who acts as Rokmaster's qualified person.

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