RJK Explorations Ltd. (TSXV: RJX.A) announced results from Phase One of its drill program at Blackwater West and Phase Two drill program at Blackwater East, located in the Blackwater Gold Camp.
As quoted in the press release:
In total, six holes were completed for approximately 1,313.3 meters. The two Blackwater claim groups are contiguous to the west and to the east, respectively, of New Gold Inc.’s Blackwater bulk tonnage gold deposit currently at 10.18 million ounces gold (indicated and inferred) and 65.7 million ounces silver (indicated and inferred).
RJK’s President, Glenn Kasner, said:
Even with only having three drill holes completed, of which two tested the extreme outer flanks of this large anomaly on Section 5880900N, we are seeing highly anomalous values, metal associations and rock types comparable to other large mineral deposits in the Blackwater area such as the Ag-Au-Zn-Pb Capoose deposit which was recently acquired by New Gold Inc.