05:28:41 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



Rokmaster Resources Corp (2)
Symbol RKR
Shares Issued 163,240,478
Close 2025-05-02 C$ 0.02
Market Cap C$ 3,264,810
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Rokmaster plans Nechako fieldwork, extends financing

2025-05-05 10:28 ET - News Release

Mr. John Mirko reports

ROKMASTER PROVIDES UPDATE ON THE NECHAKO PROJECT

Rokmaster Resources Corp. has provided an update for the Nechako project where fieldwork is soon to begin.

The Nechako project is located in western-central British Columbia within the prolific Stikine terrane with several past-producing deposits and advanced development projects in the region. Rokmaster has an option to acquire up to 100 per cent of two road-accessible properties, the Mystery and Fox-Coconut properties, comprising the Nechako project, which, when combined, totals 21,755 hectares. Each property in the Nechako project features positive historical exploration work that Rokmaster aims to build on and refine to develop compelling exploration drilling targets for significant copper-molybdenum-gold mineralization in this favourable district.

The Mystery property is the largest of the two properties and covers the Shelford Hills, which was first explored by Kennco (1970) followed by BP-Selco and Canamax (1980 to 1983) with Noranda Exploration (1988 to 1989), all completing initial geochemical surveys with positive results. Since the 1970s, a group of claims termed the Ford claims were held in the centre of the current property during all the later work, including when Quartz Mountain Resources (2012) and Copper Mountain Mining (2017) completed airborne geophysical surveys. The current Mystery property now consolidates the Shelford Hills, which is a circular upland with exposures of pyrite-altered and clay-altered rhyolite and andesite belonging to the Late Cretaceous Kasalka group. A stock of monzonite outcrops in the centre of the property and belongs to the fertile Late Cretaceous Bulkley suite, which is associated with porphyry copper-molybdenum-gold-silver mineralization at the nearby Huckleberry, Ox and Seel deposits. On the southern margin of the monzonite stock, near the historic Ford claims, a large soil copper-gold anomaly is coincident with a circular magnetic feature measuring approximately one kilometre in diameter. An exploration permit to conduct drilling on the Mystery property was applied for in 2024 and the company anticipates approval very soon.

The Mystery property neighbours several projects, where exploration on similar Bulkley-age porphyry copper exploration targets is continuing. Copper Quest Exploration's Rip project is located three kilometres to the south and initial drilling in 2024 (RP2024-001 and RP24-002) was reported to have intersected zones of anomalous copper-molybdenum mineralization hosted in multiple phases of porphyritic intrusions and associated vein stockwork. Vizsla Copper Corp. plans to drill its Poplar South target, located 28 kilometres west of the Mystery property, in 2025 following encouraging new geochemical and geophysical surveys.

The Fox-Coconut property is located approximately 17 kilometres south of the Endako mine and hosts two styles of mineralization: low-sulphidation quartz veins hosting high-grade silver-gold mineralization at the western Fox showing and widespread propylitic alteration with broadly anomalous copper-molybdenum-gold-silver mineralization associated with a Late Cretaceous intrusive in the eastern Coconut area of the property.

The western Fox showing consists of a series of structurally controlled gold-bearing and silver-bearing epithermal quartz veins, breccias and stockworks hosted by felsic volcanic rocks of the Ootsa Lake group. Channel samples collected south of the C zone in 2024 returned up to 4.95 grams per tonne gold and 1,001 grams per tonne silver over 1.0 metre. The eastern portion of the Fox-Coconut property holds high potential for porphyry-style copper-molybdenum mineralization with elevated copper-molybdenum-gold-silver values in rock samples collected throughout a large area of strong propylitic alteration. The alteration envelops newly mapped quartz feldspar porphyry and monzodiorite intrusives similar in style and appearance to the Late Cretaceous Cabin Lake pluton located 17 kilometres to the east. A recently discovered showing of subcropping boxwork quartz-limonite veining in a linear zone approximately 300 metres in length returned up to 33.4 grams per tonne gold and 6,273 grams per tonne silver from grab samples collected in 2019 and is a high-priority target for follow-up work in 2025. An exploration permit for trenching and drilling in the Coconut area was recently approved and the Fox showing area has an approved permit allowing for trenching and drilling.

Fieldwork on the Nechako project is expected to commence within two weeks depending on snow conditions. High-resolution magnetic surveys are planned over the Ford anomaly on the Mystery property and over the Fox showing on the Fox-Coconut property. Following these surveys, additional soil sampling on the Mystery property is planned with IP (induced polarization) surveys to commence in the summer months. On the Fox-Coconut property, trenching on the northwestern structure in the eastern portion of the property and further trenching on the Fox showing are designed to expose and sample the high-grade gold-silver mineralization.

John Mirko, president and chief executive officer, commented: "These two highly prospective properties comprise the Nechako project in a region that was and remains a major producer of critical and precious metals. Rokmaster's focus is to explore for additional significant porphyry copper-molybdenum and/or copper-gold mineralization with efficient exploration programs to prepare robust targets for drill testing. The Mystery property hosts a monzonite stock belonging to the fertile Late Cretaceous Bulkley suite with strong soil and magnetic anomalies. The Fox-Coconut property hosts both high-grade silver-gold in quartz veins and impressive alteration and anomalous rock samples related to Late Cretaceous intrusive activity. We are excited to soon begin fieldwork on the Nechako project to develop and enhance multiple targets for drilling."

Corporate update

Further to the company's news release dated April 4, 2025, the company is extending by a further 30 days to June 3, 2025, the previously announced non-brokered financing for a total of up to $550,000 involving the sale of flow-through shares and non-flow-through units.

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.

We seek Safe Harbor.

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