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RJK Explorations Begins Phase 2 of Drilling at 100% Owned Maude Lake Gold Deposit
Apr. 19, 2017 08:56AM PST
Precious Metals InvestingRJK Explorations Ltd. (TSX-V: RJX.A) (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.As quoted in the press release: Phase 1 of the drilling program was successful in further defining the 5 …
RJK Explorations Ltd. (TSX-V: RJX.A) (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.
As quoted in the press release:
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.
