KIRKLAND LAKE, ON, Feb. 14, 2012 /CNW/ - RJK Explorations Ltd. (RJX.A: TSV) ("RJK") is pleased to report that the Company has now initiated it's first phase 2,000 meter diamond drill program on the Blackwater East Gold Property in the Blackwater Gold District, located approximately 100 km southwest of Vanderhoof in Central B.C. The Blackwater East property is contiguous to New Gold Inc.'s Blackwater -Davidson multi-million ounce gold deposit.
In addition, RJK has filed a NI 43-101 Technical Report for the Blackwater East and West Claim groups on SEDAR as well as posting it to the Company's website.
RJK also announces that it has added Ian Webster, P.Geo, to the exploration team working on its Blackwater Gold properties. Ian has been involved in the mineral exploration industry since 1982 and has extensive experience in northern BC and Manitoba. He spent 20 years with the BC Geological Survey in regional mapping; mineral deposit studies and on the BC mineral database MINFILE. In addition, Ian worked 5 years as BC Inspector of Mines, Permitting. His formal education consists of Brock University - B.Sc.Honours Geology (1988), Brock University - B.A. Geography (1977) and U.B.C. - Forest Engineering Diploma (2000).
Forward Looking Statements: includes statements contained in this news release regarding discussions in respect of a potential acquisition and funding arrangement and RJK's expectations regarding same and the trading of its shares on the TSX Venture Exchange. This forward-looking information reflects the current expectations or beliefs of RJK based on information currently available to it. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of RJK to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, RJK. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: the failure of RJK to enter into an agreement in respect of such arrangement; delays in obtaining or failure to obtain any required regulatory and/or shareholder approval; and other factors. Any forward-looking information speaks only as of the date on which it is made. Although RJK believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Neither 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.
Web Site: http://www.rjkexplorations.com
For further information:
Glenn Kasner, President
Telephone: (705) 567-5351
Mobile: (705) 568-7567
James (604) 565-5967