Assay Results Confirm New Discovery at Duncan Lake Zinc
August 21, 2018
(Vancouver, August 21, 2018) -- Rokmaster Resources Corp. (the "Company") is pleased to announce that assay results have been received from rock samples collected from a newly discovered zinc-lead occurrence (the "No.2.5 Zone"). The No.2.5 Zone is located along the Duncan Anticline structure approximately 1.5km north of the No.2 Zone (see NR-07-2018) and 7.5km south of the Jubilee Point drill target area. Grab samples of float slabs, rubble, outcrop and sub-outcrop of dolomite and limestone containing visible sulphide mineralization from the No.3, No. 2.5 and No.2 zone areas and additional locations along a 3.5 km strike length to the south of the No.2.5 Zone, were analyzed.
These initial surface sample results greatly expand the areas of interest and increase the potential for the discovery of near surface zinc-lead mineralization similar in width and grade to results from diamond drilling on the Project 7.5km to the northwest at Jubilee Point.
Further prospecting, and rock and soil sampling, has been completed and the additional samples are in transit to the lab.
Sample results are tabulated and briefly described in the table below:
|5778E||No.2 Zone||grab-float (“flt”||oxid. & mass. sulphide||4.0||3.53||2.29|
|5500E||No.2.5 Zone -upper clearcut||grab over 3.5m||dolo with f-gr sp||10.0||8.53||16.27|
|5472E|| ||grab-float||siliceous dolo||4.0||0.09||5.63|
|5657E|| ||grab-outcrop||lmst with minor gl||7.0||0.57||0.03|
|5566E||No.2.5 Zone -lower skid road||grab-float, sub- outcrop||80cm dolo slab sub-outcrop dis sp: new discovery area||3.0||0.14||10.43|
|6613E||100m NW of No.1 Zone ||grab-outcrop over 3m face||siliceous lmst-dolo, semi-mass. sp-gl||12.0||6.82||18.55|
|6190E||800m N of No.1||grab-outcrop||minor sp & siderite||3.0||0.05||1.58|
|5865E||No.2 - north end||15m x 1m grab- outcrop||silicified dolo, minor f-grained sp||3.0||0.32||4.01|
|5874E||No.2 Zone||1m grab-outcrop||silicified dolo w sp||5.0||3.45||16.3|
|5888E||No.2 south end||grab-float||gl & sp-rich dolo||20.0||11.07||17.78|
|D-1-07||lower No.2.5||2m grab-float||sp-rich dolo||7.0||1.11||12.36|
|D-2-07||upper No.2.5||1.5m grab-float||dolo-lmst with sp||3.0||0.26||7.58|
|D-3-07||96m NW of No.1||grab-float||dolo with mass. sulphide||11.0||5.55||24.23|
|D-4-07||No.1 portal||grab-float||dolo with mass. sulphide||11.0||3.44||11.95|
|D-5-07||98m NW of No.1||grab-float||dolo with semi-mass sp-py||11.0||5.66||19.10|
New location maps and photos will be available for viewing on the Company's website shortly.
*The reader is cautioned that grab samples are selective spot samples which are typically constrained to visibly mineralized areas and are not intended to be representative of the amount of material sampled.
All rock samples were dried, crushed to 70% passing 2mm, then split to 250g, then pulverized to 85% passing 75um, at MS Analytical labs (an Accredited Laboratory, ISO 9001:2015 Certified) in Langley, BC. A portion of the resulting pulps were then assayed by multi-element ICP-240 by 4-acid Ore Grade ICP-AES. 2 Granite blanks and 2 Standard blanks were inserted for quality control purposes. Sample No. 5865 was duplicated for check assay with comparable results. Sample No. 5500 was also repeated with results within 0.3%. Sample rejects and left over pulps will be stored in a secure sea-container at a Company storage facility in Salmo, BC.
The Company will continue with the non-brokered private placement announced on April 25, 2018 (with the first tranche having closed on June 8, 2018) for a period of 30 days from the date of this news release. The Company may complete a portion of the Private Placement pursuant to the conditions described in Multilateral CSA Notice 45-318 - Prospectus Exemption for Certain Distributions through an Investment Dealer ("CSA 45-318") and the corresponding instruments, orders and rules implementing CSA 45-318 in the participating jurisdictions (collectively with CSA 45-318, the "Investment Dealer Exemption"). In addition to conducting the Financing pursuant to the Investment Dealer Exemption, the Company will also accept subscriptions for units where other prospectus exemptions are available, including from accredited investors. In accordance with the Investment Dealer Exemption, the Company advises that, as at the date hereof, there is no material fact or material change in respect of the Company that has not been generally disclosed. The Company further advises that there is no minimum number of units being offered pursuant to the Private Placement.
About Rokmaster Resources Corp.
Rokmaster is a Vancouver-based mineral exploration company with 100% ownership of the Duncan Lake Zinc-Lead-Silver Project in the prospective Kootenay Region of British Columbia, Canada. For additional information on the Company and its properties, please visit the Company's website to review maps, photos and other information, www.rokmaster.com or call (604) 632-9602.
The technical information contained in this news release was reviewed and approved by R. A. (Bob) Lane, M.Sc., P. Geo., a consultant to the Company and a qualified person for the purposes of National Instrument 43-101.
On behalf of the Board of Directors of
ROKMASTER RESOURCES CORP.
President & Chief Executive Officer
For further information, contact: John Mirko, 604-632-9602 www.rokmaster.com
Neither the 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.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS:
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. Information inferred from the interpretation of drilling results may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. 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.