RJK Explorations Ltd. Discussing Cuban Mining Opportunities with Holmer Silver Co.

    KIRKLAND LAKE, ON, Jan. 18 /CNW/ - RJK Explorations Ltd. (RJX.A: TSXV)
("RJK") wishes to announce that it has entered into discussions with
Holmer Silver Co., ("Holmer") a private company, on the basis of creating a
formal business relationship with Holmer related to the various mining
opportunities that are available in the Republic of Cuba.
    RJK is interested in pursuing these mineral exploration opportunities in
Cuba and Holmer has the expertise and experience to aid RJK in its dealings
with both the Cuban Government and the Cuban state owned mining company,
Geominera SA.
    Holmer has operated in Cuba for over 16 years and during that period of
time has developed a silver deposit, conducted a number of exploration
programs concentrating on discovering precious metals and VMS deposits, built
a staff of highly-trained personnel and achieved the unique status of becoming
the longest operating foreign mineral exploration company in that country. It
is RJK's belief that Holmer's expertise and knowledge of operating in Cuba in
mineral exploration will be invaluable to RJK.
    Discussions are continuing and a news release will be issued when a
formal agreement has been entered into between the two parties.

    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: Glenn Kasner, President, Telephone: (705)
567-5351, Fax: (705) 567-5557, Mobile: (705) 568-7567, E-Mail:
kasner1@ntl.aibn.com, Web Site: http://www.rjkexplorations.com

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RJK Explorations Ltd.

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