New gold zone discovered on Goldie Property



    KIRKLAND LAKE, ON, Aug. 14 /CNW/ - RJK Explorations Ltd. (RJX.A: TSXV)
reports that the Company has completed its first phase of diamond drilling on
the Goldie Property consisting of 2,332 meters in 17 drill holes resulting in
the discovery of a new, non-outcropping, gold zone which appears to extend to
the west of the current drilling. The 3,760 acre Goldie Property is located on
the Trans-Canada Highway approximately 30 miles west of Thunder Bay, Ontario
and is a joint-venture with GLR Resources Inc. (GRS: TSX).
    The widely spaced preliminary drilling was initiated to test several of
the extensive Phase IP geophysical trends, including numerous local surface
showings, on the property. The drilling program has resulted in a new
auriferous horizon being discovered containing gold values of up to 3.01 g/t
over 5.0 meters (16.4 feet) in a silicified, carbonated and brecciated zone
that is distinctly hematized and sericitized and contains 2-8% pyrite, quartz,
quartz-carbonate, and tourmaline veining with minor arsenopyrite.

    
    Below is a listing of the drill holes, locations, assay intervals and
results:

    -------------------------------------------------------------------------
    Hole                              Location             Dip      Interval
    -------------------------------------------------------------------------
    GLD07-01                   L114+30E/99+30N   -60/drilled N        58-58m
    -------------------------------------------------------------------------
    GLD07-02                   L116+00E/99+10N   -45/drilled N
    -------------------------------------------------------------------------
    (*)GLD07-03                L116+00E/98+10N   -45/drilled N      43.5-51m
    -------------------------------------------------------------------------
                                                                      58-61m
    -------------------------------------------------------------------------
                                                                   89.9-94.8
    -------------------------------------------------------------------------
                                                                    106-107m
    -------------------------------------------------------------------------
    (*)GLD07-04                L118+00E/98+10N    -45/drilledN        89-99m
    -------------------------------------------------------------------------
    GLD07-05                   L119+00E/98+10N    -45/drilledN
    -------------------------------------------------------------------------
    GLD07-06                   L128+00E/99+60N    -45/drilledS
    -------------------------------------------------------------------------
    (*)GLD07-07                 L118+00E97+50N    -45/drilledN    95.6-105.4
    -------------------------------------------------------------------------
    Including                                                    101.6-102.6
    -------------------------------------------------------------------------
    GLD07-08                   L120+00E/97+70N    -45/drilledN        69-72m
    -------------------------------------------------------------------------
    GLD07-09                   L113+85E/97+50N       Lost hole
    -------------------------------------------------------------------------
    (*)GLD07-10                L117+00E/97+70N    -45/drilledN        78-88m
    Including                                                         80-85m
                                                                    103-104m
    -------------------------------------------------------------------------
    GLD07-11                   L108+00E/10+35N    -45/drilledS
    -------------------------------------------------------------------------
    GLD07-12                   L106+00E/10+30N    -45/drilledS
    -------------------------------------------------------------------------
    GLD07-13                  L101+00E/107+60N    -45/drilledN
    -------------------------------------------------------------------------
    GLD07-14                    L99+00E/10+30N    -45/drilledS      116-122m
    -------------------------------------------------------------------------
    GLD07-15                    L96+/00E10+25N    -45/drilledS
    -------------------------------------------------------------------------
    GLD07-16                    L96+00E/97+00N       Lost Hole
    -------------------------------------------------------------------------
    (*)GLD07-17                L113+30E/97+40N    -45/drilledN    67.6-75.8m
    Including                                                     67.6-71.5m
    -------------------------------------------------------------------------


    -----------------------------------------------------
    Hole                 Length     Au g/t       Testing
    -----------------------------------------------------
    GLD07-01               1.0m    0.3 g/t   E/IP Target
    -----------------------------------------------------
    GLD07-02                           NSV   E/IP Target
    -----------------------------------------------------
    (*)GLD07-03     7.5m/24.6ft   0.53 g/t   S/IP Target
    -----------------------------------------------------
                     3.0m/9.9ft   0.44 g/t
    -----------------------------------------------------
                    4.9m/16.1ft   0.25 g/t
    -----------------------------------------------------
                    1.0m/3.28ft   4.52 g/t
    -----------------------------------------------------
    (*)GLD07-04    10.0m/32.8ft   0.63 g/t   S/IP Target
    -----------------------------------------------------
    GLD07-05                           NSV   S/IP Target
    -----------------------------------------------------
    GLD07-06                           NSV   S/IP Target
    -----------------------------------------------------
    (*)GLD07-07     9.8m/32.2ft   1.19 g/t   S/IP Target
    -----------------------------------------------------
    Including       1.0m/3.28ft   5.41 g/t
    -----------------------------------------------------
    GLD07-08        3.0m/3.28ft   0.19 g/t   S/IP Target
    -----------------------------------------------------
    GLD07-09                                 S/IP Target
    -----------------------------------------------------
    (*)GLD07-10    10.0m/32.8ft   1.53 g/t   S/IP Target
    Including       5.0m/16.4ft   3.01 g/t
                    1.0m/3.28ft   6.55 g/t
    -----------------------------------------------------
    GLD07-11                           NSV   N/IP Target
    -----------------------------------------------------
    GLD07-12                           NSV   N/IP Target
    -----------------------------------------------------
    GLD07-13                           NSV      Test AEM
    -----------------------------------------------------
    GLD07-14        6.0m/19.7ft    1.7 g/t   N/IP Target
    -----------------------------------------------------
    GLD07-15                           NSV   N/IP Target
    -----------------------------------------------------
    GLD07-16                                 W/IP Target
    -----------------------------------------------------
    (*)GLD07-17     8.2m/26.9ft    1.7 g/t   S/IP Target
    Including       3.9m/12.8ft   2.89 g/t
    -----------------------------------------------------

    (*) Denotes A New West Trending IP Target reporting Gold Grades
    


    Glenn Kasner, President, noted that this preliminary drill program has
been very successful in that a number of IP targets on the property have been
tested and subsequently, that a new gold bearing structure has been
discovered.
    "We are most encouraged with the discovery of this new, non-outcropping
zone. The relatively few, widely spaced and shallow drill holes into this zone
contain strongly anomalous gold content, with the possibility of hundreds of
meters of untested on-strike extension (based on IP data) as well as the
potential at depth since the drilling has only tested the zone between 30 to
70 meters of vertical depth.
    RJK/GLR are planning for additional drill testing of this zone further
along strike to the west and to depth as soon as possible.
    Diamond drill core has been sawn, with half the core being stored at the
MNDM core storage facilities, Conmee Township and the other half sent to
Accurassay and ALS Chemex Laboratories of Thunder Bay  Ontario and Polymet
Inc., Laboratories of Cobalt, Ontario. Mr. Gary Clark, P.Geo., is the
qualified person for the information contained in this press release and is a
Qualified Person within the meaning of National Instrument 43-101.
    For further information please see the company website at
www.rjkexplorations.com to view a map showing the drill hole locations and
geophysical trends for the Goldie Property.

    About RJK Explorations Ltd.

    RJK Explorations Ltd. is a publicly traded junior exploration company
with uranium, gold and base-metal properties. The company is taking an
aggressive hands-on approach to its current portfolio of projects as well as
acquiring additional exploration projects when the capital and opportunity
present themselves.

    Forward Looking Statements: This news release contains certain
forward-looking statements. These forward-looking statements are subject to a
variety of risks and uncertainties beyond RJK's ability to control or predict
which could cause actual events or results to differ materially from those
anticipated in such forward-looking statements. Although RJK believes that the
assumptions inherent in the forward-looking statements are reasonable, undue
reliance should not be placed on these forward-looking statements.

    The TSX Venture Exchange has not reviewed and does not accept the
    responsibility for the adequacy or accuracy of this release.





For further information:

For further information: RJK Explorations Ltd., Glenn Kasner, President,
Telephone: (705) 567-5351, Fax: (705) 567-5557, Mobile: (705) 568-7567,
E-Mail: kasner1@ntl.aibn.com

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RJK Explorations Ltd.

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