- RJK Explorations (RJX.A) is halfway through the company’s minimum 10-hole drill program in Kirkland Lake, Ontario
- The program is a follow-up to the company’s original diamondiferous Kon Kimberlite sill discovery
- The objective is to establish the source feeder location, create a 3D model, and correlate the different kimberlite layers
- RJK has processed a total of 12,222.5 kilograms of kimberlite from seven anomalies in the area, using two kimberlite labs over the past six months
- RJK Explorations is down 2.38 per cent, trading at C$0.20 at 9:30 am ET
RJK Explorations (RJX.A) is halfway through the company’s minimum 10-hole drill program in Kirkland Lake, Ontario.
The program is a follow-up to the company’s original diamondiferous Kon Kimberlite sill discovery.
The objective is to establish the source feeder location, create a 3D model, and correlate the different kimberlite layers.
Doing so will help optimize the microdiamond sampling by discrete phases.
Earlier drilling in March and April intersected mineralization that has been sent for assay. Detailed logging indicates pyritic mineralization in several intervals from three holes which will be analyzed for gold.
RJK has processed a total of 12,222.5 kilograms of kimberlite from seven anomalies in the area, using two kimberlite labs over the past six months.
A mixture of diamond drill core, reverse circulation cuttings and surface excavation were sampled and the final results from all three methods are expected by the end of June 2021.
“In 17 months, RJK has discovered eight new kimberlites in the Historic Cobalt Mining Camp, including a unique type of unconsolidated, near-surface kimberlite in 7 locations, previously not found in the Temiskaming Structural Rift Zone. To date, we have preliminary results on two of the eight kimberlites, analysed for diamonds and indicator mineral chemistry. Detailed logging of diamond drill core and reverse circulation drill chips indicate possibly recent kimberlite eruptions occurring during the waning stages of the Quaternary Ice Age in Lorrain Township. We require the reports from the ongoing lab analysis to determine the diamond potential of the discoveries, and to plan future bulk sampling programs,” said RJK Explorations Project Manager Peter Hubacheck.
RJK Explorations is a mineral exploration company with a focus on diamonds gold, silver and base metals with its resource properties located in Ontario and Newfoundland.
RJK Explorations is down 2.38 per cent, trading at C$0.20 at 9:30 am ET.
