KIRKLAND LAKE, ON, Jan. 18, 2012 /CNW/ - RJK Explorations Ltd. (RJX.A: TSV) ("RJK") is pleased to announce that it has now received all of its initial drill permits for the Blackwater East Gold Property in the Blackwater Gold District, located approximately 100 kilometers southwest of Vanderhoof, Central B.C. The Blackwater East property is contiguous to New Gold Inc.'s multi-million ounce Blackwater/Davidson bulk tonnage gold and silver deposit.
RJK personnel are currently in Vanderhoof and making final preparations for the mobilization of the drill and crew to the property. RJK has carried out numerous exploration programs over the property in 2011 which indentified 9 initial drill targets on the property and the Company anticipates the start of drilling to occur within the next two weeks.
RJK Explorations Ltd. will be attending the Vancouver Resource Investment Conference being held at the Vancouver Convention Centre this Sunday and Monday, January 22 & 23. RJK's booth number is 842 and RJK invites you to visit the booth to hear an explanation of the latest updates and to meet Company management. More information on getting free admission, conference hours and the location of the RJK booth can be found at http://blog.cambridgehouse.com/vric12/
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
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