Exploration Update at Duncan Zinc
July 19, 2018
(Vancouver, July 19, 2018) -- Rokmaster Resources Corp. (the "Company") is pleased to announce that its prospectors have discovered a new zinc occurrence approximately 1.5 kilometers north of the No. 2 Zone and 7.5 kilometers south of the Jubilee Point drill target area, along the Duncan Anticline structure. Samples of float rubble and sub-outcrop of dolomite and limestones containing visible sulphide mineralization with sphalerite (a zinc sulphide mineral) have been shipped to an analytical laboratory for assay. The discovery reinforces the prospectivity of the area for discovery of easily accessible and shallow zinc mineralization. Work currently in progress in the area includes hand trenching to expose mineralization in outcrop in two occurrences 125 meters apart, soil sampling, prospecting, rock sampling, and geological mapping.
The Company will continue with the non-brokered private placement announced on April 25, 2018 (with the first tranche closing announced 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
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.