OTC Pink: RKMSF
VANCOUVER, Aug. 23, 2017 /CNW/ - Rokmaster Resources Corp. ("Rokmaster" or the "Company") is pleased to announce that it has received an amended Mines Act Permit (the "Permit") from the British Columbia Ministry of Energy and Mines. The new Permit is an area based permit authorizing exploration activities including surface diamond drilling on a multi-year and multi-drill hole basis, for the Company's 100% owned Duncan Lake Zinc-Lead Property (the "Property"). The Permit expires October 31, 2022.
The Company commenced a preliminary program consisting of further data collection and compilation. This work includes recovery, re-organization and re-logging of selected historical drill core, analysis of selected core intervals for silver and gold and structural study to target initial drill holes. Initial assay results have been received and will be released when compiled.
The initial start date planned for drilling to commence has been pushed to early fall to provide for the lifting of forest fire closures, drill crew availability and completion of the equity financing.
The Company announces that in conjunction with and to accommodate the appointment of Mr. David Moore to the Company's Board of Directors, Mr. Antonio de Quadros has agreed to step down from the Board of Directors effective immediately and will remain as an Advisor to the Board.
The Company further announces that it is extending its plans to proceed with the non-brokered private placement of up to 20,000,000 units in its news release dated July 14, 2017.
On behalf of the Board of Directors,
John Mirko, President & Chief Executive Officer
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
SOURCE Rokmaster Resources Corp.
For further information: on the Company and its properties, please visit the Company's website www.rokmaster.com or call (604) 632-9602.