RJK Explorations Ltd (PK) (RJKAF) Noticias

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DRILL DRILL DRILL...4.19.2017 News - National Instrument 43-101 standards and has supervised, reviewed the preparation, and approved the disclosure in the news release.


TORONTO, ON / ACCESSWIRE / April 19, 2017 / RJK Explorations Ltd. (RJX-A.V) (OTC PINK: RJKAF) ("RJK") has begun Phase 2 of a 5,000 metre drill program at its 100% owned Maude Lake Gold deposit, located on the Pipestone fault within the Timmins-Matheson gold corridor.

Phase 1 of the drilling program was successful in further defining the 5 Zone at depths of less than 100 metres with intersections of 2.5 metres of 9.05 grams gold/t and 14 metres of 5.37 grams gold/t (true width are not determined at this time).

RJK believes the real potential for increasing the historic resource at the property lies with down plunge drilling below the 330 metre level, where historic drilling had returned high grade gold intersections, including 8.08 metres of 19.54 grams gold/t at the 375 metre level and 2.53 metres of 12.34 grams gold/t at the 475 metre level. The initial drill holes in this Phase 2 drilling will be targeting these areas.

William MacRae, M. Sc. P.Geo, is a Qualified Person as defined under National Instrument 43-101 standards and has supervised, reviewed the preparation, and approved the disclosure in the news release.

http://finance.yahoo.com/news/rjk-explorations-ltd-begins-phase-144400217.html

April 12th 2017 News - RJK Explorations Ltd. (TSX VENTURE: RJX.A) (“RJK“) closed the first tranche of its previously announced non-brokered private placement of units, raising gross proceeds of $298,139.76 (the “Offering“). Under the terms of the Offering, 1,656,332 units (the “Units“) were sold at a price of $0.18 per Unit, each Unit comprised of one Class A Subordinate Voting Share (“Class A Share“) of the Corporation and one-half of one Class A Share purchase warrant (“Warrant“), each whole Warrant entitling the holder to purchase an additional Class A Share for up to one year following its date of issue at a price of $0.35 per Warrant Share.

Net proceeds from the Offering will be used for mineral exploration and general corporate purposes.

http://www.rjkexplorations.com/2017/04/12/rjk-explorations-ltd-completes-first-tranche-non-brokered-private-placement/

The RJKAF Management Team Page http://www.rjkexplorations.com/about/management/

RJK On Your Watchlist? - Feb 2017 PowerPoint Presentation Here:

Share/Capital Structure
•OTC GREY: RJKAF
•Shares outstanding: 14.9 Million

Shares fully diluted: 19.9 Million

Warrants:5.0 Million $0.20 year 1 $0.30 year 2

52 Week High/Low price:$0.245 / $0.05

Market Capitalization: $3.3 Million

http://www.rjkexplorations.com/downloads/Maude-Lake-Gold-Property-Presentation-Feb-24-2017.pdf

OTCMarkets: http://www.otcmarkets.com/stock/RJKAF/profile

Corp Contact Page: http://www.rjkexplorations.com/contact/