RJK Reports Drilling Results at its Novo Mundo Property, Brazil.KIRKLAND LAKE Kirkland Lake, mining town, E Ont., Canada. An important gold-mining center, gold was discovered there in 1911 and again in the 1980s at Harker. The mining of iron ore and tourism are two other important industries. , Ontario--(BUSINESS WIRE)--April 30, 1997--R.J. Kasner, president of RJK RJK Rijeka, Croatia (Airport Code) RJK Rajajääkärikomppania (Finnish) Explorations Ltd, "RJK" (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). RJX.A.), is pleased to report on the company's diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral activities on it's 100 percent owned 2,000 hectare Novo Mundo Property, located in the State of Mato Grosso, Brazil. Two drill holes have been completed on section beneath the Luizao Garimpero pit, to confirm continuity and gold values encountered from surface channel sampling previously reported in the company's press release of February 11, 1997. Drill hole number N.M. 1, drilled at 45 degrees, returned 3.0 grams gold per Tonne from 57.0 to 83.0 meters (26 meters) (.09 oz. gold over 85.4') including 9.23 grams gold per Tonne over 4.47 meters (.27 oz. gold over 14.7'). Drilling has confirmed gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. beneath the pit to approximately 110 meters (360') from surface. Both drill holes encountered sheared sheared adj. Shaped or finished by shearing, especially cut or trimmed to a uniform length: a sheared fur coat. Adj. 1. felsic rocks containing quartz veining vein·ing n. Distribution or arrangement of veins or veinlike markings. , chloritization and pyritization. Additional sampling has been undertaken from the first hole and sent to the lab, along with the second hole, for assaying. All assays were conducted on split N. size drill core at Bondar Clegg Assay Laboratories of Brazil, a Canadian affiliated assay laboratory using the tradition fire assay method. RJK is completing its geological evaluation of the Property using traditional geophysical methods of magnetometer and induced polarization surveys in conjunction with surface mapping. RJK anticipates additional drilling on the Property once the mapping and geophysics is further advanced. -0- NEITHER THE ALBERTA STOCK EXCHANGE, NOR ANY REGULATORY AUTHORITIES OR SIMILAR BODY, HAVE APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN. CONTACT: RJK Explorations Limited Robert Kasner Jr, 705/567-5351 705/567-5557 (FAX) E-Mail:kas@onlink.net website:http://www.onlink.net/kasner/index.htm |
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