Welcome!

News Feed Item

Rokmaster Uncovers Significant New Potential at Pinaya

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/14/14 -- Rokmaster Resources Corp. ("Rokmaster" or the "Company")(TSX VENTURE: RKR)(BVL: RKR) is pleased to announce the discovery of significant new potential of a gold-copper skarn pebble dyke system at the Pinaya Project in Southern Peru. Rokmaster's team of geologists recently completed an assessment and evaluation of historical drill core, trench data, geophysical (IP) data and surface mapping of the known mineralized systems at Pinaya.

A series of steeply dipping gold-copper skarn pebble dykes are believed to cross-cut the Cu-Au porphyry zones and can be traced northwesterly on-strike for over three kilometres. Historical drill hole intercepts of the gold-copper skarn oxide system yielded values of 4.14 g/t Au, 0.26% Cu over 31.0m and 4.9 g/t Au, 0.29% Cu over 25.0m. Rokmaster believes that the same structure exposed at surface at the main gold-oxide skarn pit (open slot-cut) was intersected in historic drill hole PDH-159 (691.5-756.0m) which yielded 0.98 g/t Au with 0.10% Cu over 64.5 metres. Structurally, this is approximately 700m down dip and 450m NNW along strike from the main pit. Mineralization appears to be controlled by high-angle faults that may have truncated the system at depth below the main pit; and it is believed that the 20-30 mere wide structure may continue to the north-northwest. The Company's geologists located further pebble dyke Au-Cu skarn mineralization exposed approximately three kilometres to the north of the main resource area. In addition, the compilation of the geophysical and geochemical data suggests the potential deep-seated parallel northwest trending gold system may lie immediately east of the known mineralized trends. Chargeability-IP anomalies begin to gain intensity at 100-150 metres below surface. The chargeability IP anomaly is also coincident with anomalous gold values from surface trenches. The area of known mineralization and potential new zones covers an area of 1.0 x 4.0 kilometres.

Continued exploration is recommended on these newly discovered trends as well as exploration for the extension of the Western Porphyry Cu-Au Zone. Further diamond drilling is recommended as well as trenching for Pinaya. Preparation of drill hole platforms will be completed shortly as the Company commences with its 3,000 metre diamond drill hole program.

CORPORATE UPDATE

1.  On June 27, 2014, the Company held both the 2013 and 2014 Annual General
    Meetings and reports that the shareholders voted in favour to set the
    number of directors to seven and elected the seven directors nominated
    by management, to appoint DeVisser Gray LLP as auditors, to authorize
    the Company's board of directors to fix the auditor's remuneration for
    the ensuing year, and to pass an ordinary resolution approving the
    Company's 10% rolling stock option plan.

2.  The Company also announces that it has granted 250,000 stock options
    with an exercise price of $0.13 expiring on July 14, 2019 to its manager
    of corporate development in Peru.

This news release and its technical content has been reviewed and approved by Antonio M. de Quadros Ph.D., P. Eng., a Qualified Person as defined under National Instrument 43-101, and a consulting geologist, and Director of Rokmaster Resources Corp.

On behalf of the Board of Directors of

ROKMASTER RESOURCES CORP.

John Mirko, President & Chief Executive Officer.

Neither the TSX Venture Exchange, the Bolsa de Lima, nor their Regulation Service Providers (as that term is defined in the policies of the TSX Venture Exchange) nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release. We seek Safe Harbour.

Forward-Looking Information

Information set forth in this news release contains forward-looking information that is based on assumptions as of the date of this news release. This forward-looking information reflects management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Rokmaster cautions that all forward-looking information is inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Rokmaster's control. Such factors include, among other things: risks and uncertainties relating to Rokmaster's ability to implement and complete exploration programs and Rokmaster's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Rokmaster undertakes no obligation to publicly update or revise forward-looking information. For more information on Rokmaster Resources Corp. investors should review the Company's filings that are available at www.sedar.com.

Contacts:
Rokmaster Resources Corp.
(604) 632-9602
www.rokmaster.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
We all know that end users experience the Internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices – not doing so will be a path to eventual b...
One of the biggest challenges with adopting a DevOps mentality is: new applications are easily adapted to cloud-native, microservice-based, or containerized architectures - they can be built for them - but old applications need complex refactoring. On the other hand, these new technologies can require relearning or adapting new, oftentimes more complex, methodologies and tools to be ready for production. In his general session at @DevOpsSummit at 20th Cloud Expo, Chris Brown, Solutions Marketi...
At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
I think DevOps is now a rambunctious teenager - it's starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...