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RJK Explorations Ltd.

Company Data | Introduction | Projects in Hand | Management
News Update
| Chinese

Address :  4 Al Wende Avenue, Box 546
Kirkland Lake, Ontario
Canada P2N 3J5
Tel No.: (705) 567-5351
Web Site: www.rjkexplorations.com
E-mail: info@rjkexplorations.com
Contact Person: Glenn C. Kasner
Position: President & CEO


Company Data

Traded Market: TSX-V
Traded Symbol: RJX.A
Outstanding Shares: approx. 18.7 million
52 Week High: $ 0.245
52 Week Low: $ 0.08
Present Price: Click Here


Introduction

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RJK Explorations Ltd. is a mineral exploration company with a focus on gold, silver and base metals with its resource properties located in Canada. The management of RJK Explorations has used their geological expertise and experience to assemble quality properties.


Projects in Hand

(1) Goldie Gold Project, Thunder Bay, Ontario

RJK holds a 50% interest along with its joint-venture partner, Mistango Resources Inc., in the 1,400 hectare Goldie property, located in the Matawan Gold Belt, approximately 51 km west of Thunder Bay, Ontario.

Historical work on the property has demonstrated that significant gold mineralized zones exist within the property. A total of 1,767 meters of diamond drilling was completed prior to 2006. During the latter part of 2006, a program consisting of approximately 65 km of line cutting and 60 km of Phase IP geophysical surveying was completed covering a 3.2 km strike. Numerous anomalies were depicted from the survey, some in close relationship to the previous drilling as well as the surface showings.

This new, non-outcropping structure appears to have hundreds of meters of strike based on IP data and the depth potential is untested since all the drilling has only tested the property to approximately 120 metres true vertical depth.

Two drilling programs were completed in 2007 and the assay results show that further drilling is warranted in the area between section 11300E and 11800E.

(2) Normetal East Project, Quebec

In July 2017, RJK optioned 15 km long Zinc-Copper Belt in Quebec. RJK has been able to option the Normetal East property, located in northwestern Quebec. The Normetal East Property is located within the Abitibi belt, approximately 10 km south-east of the former Normetal Mine, a base-metal orebody where more than 10 million tonnes of ore were produced between 1937 to 1975 grading 5.41% Zn, 2.24% Cu, 44.45 g/t Ag and 0.526 g/t Au.

The Normetal East Property is located in Clermont Township, roughly 15 kilometers north of the city of La Sarre and is accessible via paved Highway 393. It is approximately 3,800 hectares in size and covers approximately 15 kilometers of the “mine sequence” which contains the Normetal Deformation Zone in the Normetal Volcanic Complex. The mine sequence is composed of mafic volcanic rock. Extensive sedimentary horizon occurs at the top of the sequence.

RJK's area of immediate interest on this property is a Phase-Induced Polarization geophysical anomaly located just south of a chain of airborne EM anomalies. The Company will complete additional geophysical surveying to further enhance and define the anomaly prior to drill testing.

“We are delighted to have been able to acquire such a large portion of this important volcanogenic massive sulphide belt”, said Glenn Kasner, President of RJK. “The vendors, Remy Belanger Enr, a Geophysical Contractor and Pierre Gervais, past owner of Services Exploration Enr are well acquainted with this belt and over a long period of time have been able to assemble this important land position.”

(3) Blackwater Gold District Properties, British Columbia

In July 2017, RJK has completed the sale of its Blackwater Properties located in the Blackwater Gold District in British Columbia to New Gold Inc. (TSX:NGD) (NYSE MKT:NGD) and the C$1 million cash payment has been received.


Management

Glenn C. Kasner, President and Chief Executive Officer, Director

Mr. Kasner is a graduate of the Haileybury School of Mines and has been involved in the mineral exploration industry for over 40 years, forming Glenn C. Kasner Exploration Services Ltd. in 1983 to provide contract mineral exploration services for clients. He was involved thru Lenora Resources in the discovery of Barrick's first gold deposit, the Holt-McDermott, located in northern Ontario and became President and CEO of RJK Exploration Ltd. in 1998.

Amanda Kasner, CA, CPA, Chief Financial Officer and Director

Ms. Kasner has worked with Ernst & Young LLP and Ross Pope and Company and is currently employed as the Corporate Controller of Canadian Operations at Kirkland Lake Gold Inc.

William E. MacRae, M.Sc., P.Geo., Director

Mr. MacRae has over 43 years of experience in mineral exploration from grass roots projects to bulk sampling of underground mineralization. Mr. MacRae has had executive positions with the Porcupine Prospectors and Developers (President), the Ontario Prospectors Association (Vice President) and the Timmins Development Corporation (1991 to 2011).

Dan Mackie, P.Eng., Director

Mr. Mackie is a mechanical engineering graduate from McGill University with more than 40 years of experience in the mining industry. Mr. Mackie has an extensive background in EPCM, notably as Project Manager on contract to Bechtel for the Prefeasibility Study for the Collahuasi Project. He has been developing Continuous Vat Leaching (CVL) since the early 1990's.

Diane McKean, Corporate Secretary

Ms. McKean has been the office manager and Corporate Secretary for RJK Explorations Ltd., for approximately 18 years. Prior to her role with the Company she spent seven years with the Ministry of Development and Mines recording mining claims and assessing work reports. She is fluent in both English and French.


News Update

On July 25, 2017, RJK Explorations Ltd. announced that it has been able to option the approximately 3,800 hectare Normetal East property, located in northwestern Quebec. The Normetal East property is located within the Abitibi belt, approximately 10 kilometres southeast of the former Normetal base metal mine. The Normetal East property is approximately 3,800 hectares in size and covers approximately 15 kilometers of the “mine sequence” which contains the Normetal Deformation Zone in the Normetal Volcanic Complex. The Company will complete additional geophysical surveying to further enhance and define the anomaly prior to drill testing.

RJK Explorations Ltd. has decided to enter into a mutual termination agreement with Globex Mining Enterprises Inc. regarding the Maude Lake Gold property in Ontario and has begun the process of returning that property and all data to Globex.


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