Kirkland Lake, Ontario, January 18, 2012: RJK Explorations Ltd. (RJX.A: TSV) ("RJK") is pleased to announce that it has now received all of its initial drill permits for the Blackwater East Gold Property in the Blackwater Gold District, located approximately 100 kilometers southwest of Vanderhoof, Central B.C. The Blackwater East property is contiguous to New Gold Inc.'s multi-million ounce Blackwater/Davidson bulk tonnage gold and silver deposit.
RJK personnel are currently in Vanderhoof and making final
preparations for the mobilization of the drill and crew to
the property. RJK has carried out numerous exploration
programs over the property in 2011 which indentified 9
initial drill targets on the property and the Company
anticipates the start of drilling to occur within the next
two weeks.
RJK Explorations Ltd. will be attending the Vancouver
Resource Investment Conference being held at the Vancouver
Convention Centre this Sunday and Monday, January 22 & 23.
RJK's booth number is 842 and RJK invites you to visit the
booth to hear an explanation of the latest updates and to
meet Company management. More information on getting free
admission, conference hours and the location of the RJK booth
can be found at http://blog.cambridgehouse.com/vric12/
Forward Looking Statements: includes statements contained in this news release regarding discussions in respect of a potential acquisition and funding arrangement and RJK's expectations regarding same and the trading of its shares on the TSX Venture Exchange. This forward -looking information reflects the current expectations or beliefs of RJK based on information currently available to it. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of RJK to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected
consequences to, or effects on, RJK. Factors that could cause actual results or events to differ materially from current expe ctations include, but are not limited to: the failure of RJK to enter into an agreement in respect of such arrangement; delays in obtaining or failure to obtain any required regulatory and/or shareholder approval; and other factors. Any forward- looking information speaks only as of the date on which it is made. Although RJK believes that the assumptions inherent in the forward-looking information are reasonable, forward- looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
For further information please contact:
Glenn Kasner, President Vancouver Office: Telephone: (705)
567-5351 James (604) 565-5967
Mobile: (705) 568-7567 james@rjkexplorations.com kasner1@ntl.aibn.com
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January 18, 2012-RJK Receives Drilling Permits and Prepares to Drill Blackwater East Property, Central BC |