KIRKLAND LAKE, ON, June 4 /CNW/ - RJK Explorations Ltd. (RJX.A: TSXV)
("RJK") has received the final VTEM data for its Dorion South
Platinum/Palladium/Cu/Ni Property and wishes to advise that the three previous
drill holes completed in 1965, which encountered gabbro and ended in
peridotite, correspond with defined airborne magnetic anomalies. Geotech Inc.
is completing magnetic modeling of the data which will then be correlated with
existing data to determine drill hole locations for the initial drilling
program, scheduled to occur as soon as possible.
RJK recently completed several private placements with the proceeds to be
used to fund the drilling on its Dorion South property. It should also be
noted that Magma Metals (MMB - ASX), the Australian company with the initial
discovery at Thunder Bay North, is aggressively moving ahead after completing
a $16 million private placement and finishing off a 31,000 m definition
drilling program. Magma has confirmed that their peridotite intrusion is part
of a 5km-long magma conduit which could host a substantial Pt-Pd-Cu-Ni
Interested parties may view map of the 1965 drill holes and the 2009 VTEM
Airborne survey on RJK's website.
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.
Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
Web Site: http://www.rjkexplorations.com
For further information:
For further information: Glenn Kasner, President, Telephone: (705)
567-5351, Mobile: (705) 568-7567, E-Mail: firstname.lastname@example.org; James Hitchie,
Advisor, Email: email@example.com