RJK Explorations Update
RJK Explorations has completed two exploration diamond drill holes on the Huff patents in Bucke Township, which was optioned in October 2024. While the initial targets were identified as potential kimberlites, neither hole confirmed kimberlite presence. The company is currently negotiating to acquire three privately held patented claim groups with potential kimberlite targets.
The company is expanding its exploration focus to include precious metals and polymetallic metals. Drill hole HUFF-24-01 reached 150m depth, intersecting mudstone and greywacke beds, with no significant gold or silver results. HUFF-24-02, drilled to 155m, revealed banded iron formation layers averaging 28.5% Fe and 738 ppm manganese, indicating the presence of critical metals on the property.
RJK Explorations ha completato due fori di perforazione esplorativa con diamante sui diritti Huff nel comune di Bucke, che erano stati opzionati nell'ottobre del 2024. Sebbene i primi obiettivi fossero stati identificati come potenziali kimberliti, nessuno dei fori ha confermato la presenza di kimberlite. Attualmente, l'azienda sta trattando per acquisire tre gruppi di diritti brevettati privati con potenziali obiettivi di kimberlite.
L'azienda sta ampliando il proprio focus esplorativo per includere metalli preziosi e metalli polimetallici. Il foro di perforazione HUFF-24-01 ha raggiunto una profondità di 150 m, intersecando letti di argillite e greywacke, senza risultati significativi di oro o argento. HUFF-24-02, perforato fino a 155 m, ha rivelato strati di formazione di ferro a bande con una media del 28,5% di Fe e 738 ppm di manganese, indicando la presenza di metalli critici nella proprietà.
RJK Explorations ha completado dos agujeros de perforación de diamante en las patentes Huff en el municipio de Bucke, que fueron opcionalizados en octubre de 2024. Aunque los objetivos iniciales se identificaron como posibles kimberlitas, ninguno de los agujeros confirmó la presencia de kimberlita. La empresa está actualmente negociando para adquirir tres grupos de reclamaciones patentadas de propiedad privada con posibles objetivos de kimberlitas.
La empresa está ampliando su enfoque de exploración para incluir metales preciosos y metales polimetálicos. El agujero de perforación HUFF-24-01 alcanzó una profundidad de 150 m, intersectando lechos de lutita y greywacke, sin resultados significativos de oro o plata. HUFF-24-02, taladrado hasta 155 m, reveló capas de formación de hierro bandado que promedian 28.5% de Fe y 738 ppm de manganeso, indicando la presencia de metales críticos en la propiedad.
RJK Explorations는 2024년 10월에 옵션이 제공된 Bucke 토지의 Huff 특허에서 두 개의 다이아몬드 시추 홀을 완료했습니다. 초기 목표는 잠재적인 킴벌라이트로 식별되었지만, 두 홀 모두 킴벌라이트의 존재를 확인하지 못했습니다. 회사는 현재 잠재적 킴벌라이트 목표가 있는 세 개의 개인 소유 특허 청구 그룹을 인수하기 위해 협상 중입니다.
회사는 귀금속 및 다중 금속을 포함하도록 탐사 초점을 확대하고 있습니다. 시추 홀 HUFF-24-01은 150m 깊이에 도달했으며, 점토암 및 회색 반석층을 관통했으나 금이나 은의 유의미한 결과는 없었습니다. HUFF-24-02는 155m까지 드릴링되어 평균 28.5% Fe 및 738 ppm 망간을 포함한 띠 형철광 층을 드러내어, 해당 지역에서 중요한 금속의 존재를 나타냅니다.
RJK Explorations a complété deux trous de forage diamanté sur les brevets Huff dans la municipalité de Bucke, qui ont été optionnés en octobre 2024. Bien que les cibles initiales aient été identifiées comme des kimberlites potentielles, aucun des trous n'a confirmé la présence de kimberlite. La société négocie actuellement l'acquisition de trois groupes de revendications brevetées détenues en privé avec des cibles kimberlites potentielles.
La société élargit son domaine d'exploration pour inclure les métaux précieux et les métaux polymétalliques. Le trou de forage HUFF-24-01 a atteint une profondeur de 150 m, interceptant des couches de mudstone et de greywacke, sans résultats significatifs en or ou en argent. HUFF-24-02, foré jusqu'à 155 m, a révélé des couches de formation de fer en bandes avec une moyenne de 28,5 % Fe et 738 ppm de manganèse, indiquant la présence de métaux critiques sur la propriété.
RJK Explorations hat zwei Diamantbohrungen auf den Huff-Patenten in der Gemeinde Bucke abgeschlossen, die im Oktober 2024 optioniert wurden. Obwohl die ersten Ziele als potenzielle Kimberlite identifiziert wurden, bestätigte keiner der Bohrlöcher die Anwesenheit von Kimberlit. Das Unternehmen verhandelt derzeit über den Erwerb von drei privat gehaltenen patentierten Anspruchsgruppen mit potenziellen Kimberlit-Zielen.
Das Unternehmen erweitert seinen explorativen Fokus, um Edelmetalle und polymetallische Metalle einzubeziehen. Bohrloch HUFF-24-01 erreichte eine Tiefe von 150 m und durchdrang Mudstone- und Greywacke-Lagerstätten, ohne signifikante Gold- oder Silberergebnisse. HUFF-24-02, das bis zu 155 m gebohrt wurde, offenbarte geschichtete Eisenerzformationen mit einem Durchschnitt von 28,5% Fe und 738 ppm Mangan, was auf die Anwesenheit kritischer Metalle auf dem Grundstück hinweist.
- Discovery of critical metals (iron averaging 28.5% Fe and manganese averaging 738 ppm) in HUFF-24-02 drill hole
- Expansion of exploration program to include precious and polymetallic metals
- Ongoing negotiations for three additional patented claim groups
- Initial drill holes failed to identify targeted kimberlite deposits
- No significant gold and silver results from HUFF-24-01 drill hole
Kirkland Lake, Ontario--(Newsfile Corp. - January 17, 2025) - RJK Explorations Ltd. (TSXV: RJX.A) ("RJK" or "the Company") has completed two exploration diamond drill holes to test distinct undrilled anomalies on the Huff patents in Bucke Township, which RJK optioned in October 2024. These anomalies were identified as potential kimberlites; however, neither target was found to be a kimberlite. A description of the drill holes provided by our Project Geologist is included below.
RJK has also identified three privately held patented claim groups with potential kimberlite targets, and negotiations to acquire these properties are ongoing.
In addition, RJK has decided to expand its exploration program to include precious metals and polymetallic metals. Further information on this initiative will be provided once negotiations with the existing property owners are finalized.
Below is an overview of the Huff drill program, as described by RJK's Project Manager, Peter Hubacheck:
Over the past two years, RJK has reviewed the glacial history of the Temiskaming area and outlined two targets of interest for potential kimberlite or metallic mineralization. Based on this in-house compilation, the data was submitted to a third-party expert for confirmation. In October 2023, RJK conducted a drone magnetic survey over two discrete magnetic targets located up-ice of a kimberlite indicator mineral train in the southwest corner of Bucke Township. Magnetic inversion modeling was employed to supplement the vertical gradient magnetic low and high targets flanking the Cross Lake Fault. In the third quarter of 2024, RJK executed an option agreement to acquire the Huff Property covering these targets.
In the fourth quarter of 2024, RJK drilled two holes testing these features as detailed in Table 1.
Drill hole HUFF-24-01 was oriented toward a concentric (180m x 200m) magnetic low target and drilled to an inclined depth of 150m. This hole intersected a thick assemblage of interbedded mudstone and greywacke beds of the Temiskaming Group. Selective sampling of calcite crackle-brecciated zones with minor disseminated pyrite was assayed for gold and silver, but no significant results were obtained.
Drill hole HUFF-24-02 was oriented toward a linear magnetic high feature (400m W x 800m L) flanking the Cross Lake Fault. The angled hole was drilled to a depth of 155m. From 8.1m to 30m, the core consisted of mudstone and greywacke. From 30m to 136m, the hole intersected a sequence of jasperoid banded iron formation interbedded with mudstone and disseminated pyrite. Within this interval, 14 banded iron formation layers with millimetric red jasper cherty laminations were sampled. These Fe-rich beds averaged
Preliminary results from drill hole HUFF-24-02 indicate the presence of critical metals iron and manganese on the Huff Property.
Table 1:
DDH | EASTING | NORTHING | ELEV (m) | LENGTH (m) | AZIMUTH | DIP | TARGET |
HUFF-24-01 | 598000 | 5254900 | 274 | 150 | 110 | -55 | MAG LOW |
HUFF-24-02 | 598050 | 5254700 | 274 | 155 | 180 | -55 | MAG HIGH |
Mr. Peter Hubacheck, P.Geo., Project Manager for RJK and the Qualified Person as defined by National Instrument 43-101, has approved the technical disclosure in this release.
Contact Information
Glenn Kasner, CEO
Mobile: (705) 568-7567
Email: info@rjkexplorations.com
Web Site: https://www.rjkexplorations.com
Company Information: Tel: (705) 568-7445
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain forward-looking statements. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "will", "anticipate", "believe", "plan", "estimate", "expect", "intend", "propose" and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed or implied in this news release. RJK assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237571
FAQ
What were the results of RJK Explorations' (RJKAF) recent drill program at the Huff property?
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