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RJK Explorations Ltd.

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Summary

Project:

Rolling Pond

Deposit:Rolling Pond
Location:Canada
Commodities:Gold
Date:2/19/2019
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:19-2-2019: RJK Explorations Ltd. announces a Supporting Acquisition report for its Rolling Pond deposit at the Rolling Pond project. Summary of property in support of acquisition. This 43-101F1 Technical Report has been prepared at the request of RJK Expl
Resources:x
CP/QP:[Overall Report]: Dean Fraser (RDF Consulting Ltd.)
ABSTRACT:This 43-101F1 Technical Report has been prepared at the request of RJK Explorations Ltd. based in Kirkland Lake, Ontario. The report was prepared by R. Dean Fraser, P.Geo. and summarizes all historical exploration activities performed by various companies and government geologists on the Rolling Pond Gold Property located in Central Newfoundland. RJK has entered into an agreement to acquire a 100% interest in the Property under a four year option deal. The Rolling Pond Property is located in central Newfoundland and is covered by National Topographic 1:50,000 map sheets 2D/11 and 2D/12. The Property lies adjacent to the paved, all weather, Baie d’Espoir Highway and consists of 242 contiguous claims held under 11 licenses and encompassing a 6050 hectare area. All claims are currently held in good standing at the time of this report. At the regional scale, the Rolling Pond Property lies within the Exploits Subzone of the Dunnage tectonstratigraphic Zone of Newfoundland. The Subzone is comprised of Cambro-Ordovician ophiolitic rocks, early Paleozoic island-arc and back-arc derived sedimentary and volcanic rocks, post-accretion Silurian sedimentary and volcanic rocks, and Siluro-Devonian intrusive rocks. A portion of the Property encompasses the contact between and the older Cambro-Ordovician units the late Devonian intrusive rocks. The presence of ophiolitic rocks suggest deep seated fault structures exist within the Property Boundary.

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