Kirkland Lake, Ontario ?November 30, 2011 ? RJK Explorations Ltd. is forwarding a copy of the attached news release to those shareholders and interested parties registered on our internal email mailing list. If you wish to unsubscribe to our mailing list please click on this link
IP Survey Results for RJK?s Blackwater East, West and Northeast Properties, Central BC
Kirkland Lake, Ontario, November 30, 2011: RJK Explorations Ltd. (RJX.A: TSV) (?RJK?) is pleased to provide an update to its exploration activities on its 15,040 hectare Blackwater East, West Northeast and Dave 2 properties, located in the Blackwater Gold Camp, approximately 100 kilometers southwest of Vanderhoof, B.C. The properties are contiguous to the east and west of New Gold?s Blackwater multi-million ounce bulk tonnage gold deposit.
RJK has completed 22.1 line kilometres of ground IP geophysics on three distinct grids WBW 1, EBW 1, and EBW 2 located on the Blackwater East, West and Northeast Properties. RJK engaged the services of SJ Geophysics Ltd to conduct the survey and undertake a detailed interpretation of the results.
SJ Geophysics Ltd stated in their report:
"The survey results reveal several interesting regions within both claim blocks that exhibit anomalous resistivity/chargeability features possibly associated with epithermal type of sulphide mineralization? WBW 1 grid reveals a flat-lying layered resistivity pattern in all three short lines. The models for the westernmost line capture a signature resembling the response from a epithermal system: a small localized chargeability high feature appears in the resistivity contact zone and is accompanied by a resistive cap. This anomaly is open to the west. All lines show a resistive bottom layer in the models.
The most prominent chargeability anomalies occur on the EBW 1 grid where four areas of interest are outlined based on the occurrences of chargeability anomalies accompanied by resistive cap/plug and magnetic lineaments. The four geophysical target areas surround a circular magnetic high which is situated in the western portion of the grid.
South of the East 1 grid, two areas of interest, located in the southwestern corner and eastern edge of EBW 2 grid respectively, are outlined. The large southwestern corner chargeability high is situated immediately north of a circular magnetic high and coincides with a large resistivity high. It is possibly related to lithology or alteration such as silicification. The chargeability anomalies in the eastern edge area are weak responses and not well defined by the 2D models. However, they appear to follow a north-northeast trend and are accompanied by resistive caps. The area seems to be alteration related. The small West 1 grid only covers a tiny portion of the Blackwater West claim group.?
?We are delighted that our final stage of exploration to this year?s field season has further developed several large deposit scale size, high quality chargeability IP targets which we believe are located within an intrusive epithermal center. RJK plans to drill test these targets as soon as the Provincial government drill permits are received?, said Glenn Kasner, President of RJK Explorations.
A compilation map of the RJK Blackwater East and Northeast Properties along with associated 3D inverted resistivity and chargeability models is now posted on the Company?s website. Fred Sharpley, PGeo., a qualified person under National Instrument 43-101, has reviewed the technical contents of this news release.
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 expectations 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
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange accepts responsibility for the adequacy or accuracy of this release.
Diane D. McKean
Executive Assistant
Mistango River Resources Inc.
RJK Explorations Ltd.
4 Al Wende Ave., Box 546
Kirkland Lake, ON P2N 3J5
(705) 567-5351 Phone
(705) 567-5557 Fax