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
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.