Latest news with #JohnMirko
Cision Canada
22-07-2025
- Business
- Cision Canada
Rokmaster Provides Update for Fieldwork on Nechako Project
VANCOUVER, BC, July 22, 2025 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to provide an update for ongoing fieldwork on the Nechako Project. The Nechako Project area totals 27,178 hectares (271 km 2) across three properties located in west-central British Columbia. Despite significant improvements in access by logging and in outcrop exposure by fires, the region remains an underexplored portion of the productive Stikine terrane which hosts many past producing deposits and advanced development projects (Figure 1). Fieldwork beginning in May 2025 has already completed several key goals: Ongoing prospecting and mapping on the Fox-Coconut and Mystery Properties including the collection of samples for spectral analysis. Initial prospecting and soil sampling program completed on the Hanson Property resulted in the collection of 61 rock samples, 304 soil samples, and one sample for geochronology. Airborne high-resolution magnetic surveys completed 70 line-km over the Fox Showing and 176 line-km over the central portion of the Mystery Property. A field visit to the project properties by Mr. Alan J. Wilson, renowned expert in porphyry copper systems confirmed highly encouraging potassic alteration related to chalcopyrite and molybdenite mineralization on Rokmaster's Mystery and Hanson Properties. Fieldwork plans for this August include: Ongoing permitting work on the Hanson and Mystery Properties. Trenching and sampling of the NW Structure on the Coconut Property. A large phase of prospecting, mapping, and channel sampling on the Mystery Property. John Mirko, President and CEO, comments: "The field crews are off to a great start on the Nechako Project. After the first dedicated field work program on the Hanson Property we are very encouraged by what was observed in the field and are looking forward to the geochemical results. Work is ongoing on the Fox-Coconut and Mystery Properties where multiple datasets will be added to and combined together to develop robust targets for high-grade gold - silver mineralization and significant porphyry Cu-(Au-Mo) mineralization." On Behalf of the Board of Directors of Rokmaster Resources Corp. John Mirko, President & Chief Executive Officer. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: receipt of regulatory approval with respect to the Hanson Property transaction; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. SOURCE Rokmaster Resources Corp.
Cision Canada
10-06-2025
- Business
- Cision Canada
Rokmaster Closes $450,000 Financing
VANCOUVER, BC, June 10, 2025 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce that it has closed the non-brokered financing (the "Financing") announced on April 4, 2025 involving the issuance of flow-through shares (the "FT Shares") and non-flow-through units (the "NFT Units") for total gross proceeds of $450,000. Pursuant to the Financing, the Company issued a total of 6,250,000 FT Shares at $0.04 per FT Share, for gross proceeds of $250,000, and 10,000,000 NFT Units at $0.02 per NFT Unit, for gross proceeds of $200,000. Each NFT Unit will consist of one common share plus one-half (1/2) non-transferable share purchase warrant (a "Warrant"). Each whole Warrant is exercisable to purchase one additional common share of the Company (the "Warrant Share") at $0.05 for a period of two years expiring on June 9, 2027. The Warrants are subject to an accelerated expiry date, which comes into effect when the trading price on the TSX Venture Exchange of the Company's common shares closes at or above $0.10 per share for a period of 10 consecutive trading days commencing on October 10, 2025. In such event, the Company may, at its option, accelerate the expiry date of the Warrants by issuing a press release (the "Notice") to the Warrant holders and in such case, the expiry date of the Warrants will be 30 days from the date of the Notice. The securities issued pursuant to the Financing are subject to a four-months and one day hold period expiring October 10, 2025 and were not offered or registered in the United States. The gross proceeds raised from the sale of the FT Shares will be used by the Company for exploration financing that will qualify as "Canadian Exploration Expenses", as that term is defined in the Income Tax Act (Canada) only. The net proceeds raised from the sale of the NFT Units will be used by the Company on non-flow-through eligible exploration project expenses, share issuance costs related to the Financing, as well as for general working capital purposes which do not include payments to non-arm's length parties, investor relations activities and for specific expenses representing 10% or more of the gross proceeds from the issuance of NFT Units. Certain insiders of the Company acquired a total of $45,000 of the NFT Units and as such a portion of the Financing is considered a related party transaction as defined in the Exchange's Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon the exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the shares subscribed for, nor the consideration paid for the shares, exceeds 25% of the Company's market capitalization. On Behalf of the Board of Directors of Rokmaster Resources Corp. John Mirko, President & Chief Executive Officer. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future vents or results or otherwise.
Yahoo
10-06-2025
- Business
- Yahoo
Rokmaster Closes $450,000 Financing
VANCOUVER, BC, June 10, 2025 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce that it has closed the non-brokered financing (the "Financing") announced on April 4, 2025 involving the issuance of flow-through shares (the "FT Shares") and non-flow-through units (the "NFT Units") for total gross proceeds of $450,000. Pursuant to the Financing, the Company issued a total of 6,250,000 FT Shares at $0.04 per FT Share, for gross proceeds of $250,000, and 10,000,000 NFT Units at $0.02 per NFT Unit, for gross proceeds of $200,000. Each NFT Unit will consist of one common share plus one-half (1/2) non-transferable share purchase warrant (a "Warrant"). Each whole Warrant is exercisable to purchase one additional common share of the Company (the "Warrant Share") at $0.05 for a period of two years expiring on June 9, 2027. The Warrants are subject to an accelerated expiry date, which comes into effect when the trading price on the TSX Venture Exchange of the Company's common shares closes at or above $0.10 per share for a period of 10 consecutive trading days commencing on October 10, 2025. In such event, the Company may, at its option, accelerate the expiry date of the Warrants by issuing a press release (the "Notice") to the Warrant holders and in such case, the expiry date of the Warrants will be 30 days from the date of the Notice. The securities issued pursuant to the Financing are subject to a four-months and one day hold period expiring October 10, 2025 and were not offered or registered in the United States. The gross proceeds raised from the sale of the FT Shares will be used by the Company for exploration financing that will qualify as "Canadian Exploration Expenses", as that term is defined in the Income Tax Act (Canada) only. The net proceeds raised from the sale of the NFT Units will be used by the Company on non-flow-through eligible exploration project expenses, share issuance costs related to the Financing, as well as for general working capital purposes which do not include payments to non-arm's length parties, investor relations activities and for specific expenses representing 10% or more of the gross proceeds from the issuance of NFT Units. Certain insiders of the Company acquired a total of $45,000 of the NFT Units and as such a portion of the Financing is considered a related party transaction as defined in the Exchange's Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon the exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the shares subscribed for, nor the consideration paid for the shares, exceeds 25% of the Company's market capitalization. On Behalf of the Board of Directors of Rokmaster Resources Corp. John Mirko,President & Chief Executive Officer. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future vents or results or otherwise. SOURCE Rokmaster Resources Corp. View original content to download multimedia:
Cision Canada
20-05-2025
- Business
- Cision Canada
Rokmaster Signs Definitive Agreement on the Hanson Property
VANCOUVER, BC, May 20, 2025 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce that further to its news release on March 31, 2024, it has signed a definitive agreement (the "Agreement") for the option to acquire 100% of the Hanson Property (the "Hanson Property") which adds to the Nechako Project. The Nechako Project now totals 27,178 hectares (271 km 2) across three properties located in west-central British Columbia. The Nechako region is an underexplored portion of the productive Stikine terrane which hosts many past producing deposits and advanced development projects (Figure 1). The Hanson Property is accessed from extensive logging roads in the 2018 Shovel Lake fire area approximately 20 km north of the past producing Endako Molybdenum Mine. The Property is situated near a major structural intersection with potential for three distinct periods of mineralizing events: late Jurassic porphyry Mo, late Cretaceous porphyry Cu-Mo, and early Eocene porphyry Cu-Au. The Hanson Property has been subject to multiple exploration programs since 1965. Significant soil Mo-Cu anomalies at the Buckley and Wilson Zones were generated in 1973 by Endako Mines. Shallow drilling of these anomalies, less than 155 m in each drillhole, was delayed until 1977-1978. Since then, rock samples with up 1.37% Mo, 1.79% Cu, and 0.10 g/t Au were been collected from the Wilson Zone in 2015 1 and a 2012 airborne magnetic and ZTEM survey imaged geophysical anomalies coincident with the older geochemical anomalies with very little follow-up work. In the northern portion of the Hanson Property, a series of trenches, pits, and drillholes defined the Cyr Zone in 1988-1990 with samples returning elevated concentrations of silver, gold, lead, and zinc over broad intervals. Mineralization at the Cyr Zone is described to be related to a silicified quartz feldspar porphyry unit hosting pervasive disseminated pyrite. Notably, the historical drilling at the Cyr Zone did not penetrate deeper than 152.5 m 2. Two mineral claims totaling of 75.5 hectares covering the western Cyr Zone were recently acquired 100% royalty-free (Figure 2). A historical series of shallow drillholes occur in the Cyr Zone and on the newly acquired claims: Field work on the Nechako Project has commenced and will be ongoing throughout 2025. An exploration permit application had been applied for the Hanson Property and the company anticipates approval within the coming year. John Mirko, President and CEO, comments: "The Hanson Property is a great addition to the Nechako Project where Rokmaster is assembling a strong property position in a region with important historical and operating mines. Similar to the Mystery and Fox-Coconut Properties, the Hanson Property has great geological potential and holds a wealth of positive historical exploration data to build upon to develop robust targets. Field work has begun on the Nechako Project and will continue throughout 2025 to efficiently prepare compelling exploration drilling targets for significant Cu-Mo-Au-Ag mineralization in this favourable district." Terms of the Agreement: To earn a 100% interest in the Property, the Company must complete the following: (1) make an aggregate cash option payment of $210,000 as follows: $15,000 upon signing of the Agreement. $25,000 on or before April 1, 2026; $30,000 on or before April 1, 2027; $60,000 on or before April 1, 2028; $80,000 on or before April 1, 2029; and (2) issue an aggregate of 3,600,000 Rokmaster shares as follows: 500,000 shares within 30 days of signing or receipt of regulatory approval; 500,000 shares on or before April 1, 2026; 600,000 on or before April 1, 2027; 1,000,000 on or before April 1, 2028; and 1,000,000 on or before April 1, 2029 Upon commencement of commercial production on the Hanson Property, it will be subject to a 1.5% NSR and one-half of which (0.75%) can be purchased by Rokmaster for $750,000. Closing of the Hanson Property transaction is subject to receipt of all requisite regulatory approvals. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and reviewed and approved by Eric Titley, who is independent of Rokmaster and who acts as Rokmaster's Qualified Person. On Behalf of the Board of Directors of Rokmaster Resources Corp. John Mirko, President & Chief Executive Officer. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: receipt of regulatory approval with respect to the Hanson Property transaction; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. SOURCE Rokmaster Resources Corp.
Cision Canada
25-04-2025
- Business
- Cision Canada
Rokmaster Receives Approval for Two Exploration Permits on the Gold-Silver-Copper-Zinc Selkirk Project
VANCOUVER, BC, April 25, 2025 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to provide a permitting update for its 100% owned Selkirk Project. The Selkirk Project is comprised of three properties: (a) the Keystone Property; (b) the Downie Gold Property; and (c) the Rift Property located north of Revelstoke in southeastern British Columbia (Figure 1). These three properties have been steadily advanced by Rokmaster since 2021 with positive results generated from geological mapping, prospecting, channel sampling, and soil sampling. A three year Multi-year Area Based Exploration Permit ("MYAB Permit") has now been approved on the Keystone Property by the British Columbia Ministry of Mining and Critical Minerals. The MYAB Permit allows for up to 20 helicopter-supported drill sites and 7 helicopter pads. Both Replacement and vein-hosted sphalerite and galena mineralization has been discovered throughout the large Keystone Property during field work programs conducted between 2021 and 2024 (Figure 2). The rock grab samples have returned significant values of zinc, lead, silver and gold concentrated in two main areas of the Property where zones of dense quartz-galena-sphalerite veining is hosted in deformed dolostone. The northern extension of the mapped Akolkolex Thrust fault occurs within and proximal to the property, providing potential for orogenic-style gold mineralization. Another separate three year MYAB Permit has also now been approved on the Downie Gold Property by the British Columbia Ministry of Mining and Critical Minerals. The MYAB Permit allows for up to 15 helicopter-supported drill sites and 6 helicopter pads. The Downie Gold Property hosts elevated gold in massive pyrrhotite-pyrite-galena mineralization associated with discordant stockwork veins and silicification in limestone rocks at the KJ Zone (Figure 3). In 2022, channel sample KJ6 returned 7.51 g/t Au, 616.14 g/t Ag, 7.93% Pb, and 1.72 % Zn over 3.50 meters (see news release dated December 19, 2022). At the Melt Zone in the western portion of the Downie Gold Property, skarn-style massive pyrrhotite and sphalerite mineralization locally hosts elevated gold proximal to the Goldstream Pluton. Also included in the Selkirk Project is the 299 hectare Rift Property which hosts an exposure of a stratabound high-grade sphalerite-galena horizon with an intersection of high-grade zinc approximately 460 m to the east in drillhole M-85-2. See news release dated November 5, 2024 for more details on Selkirk Project. John Mirko, President and CEO, comments: "We are very pleased to receive exploration permits allowing for drill testing on the multiple targets Rokmaster has generated on the Selkirk Project with detailed work over a number of years. The Keystone and Downie Gold Properties feature impressive polymetallic gold, silver, lead, and zinc mineralization in surface exposures which have yet to be thoroughly drilled to test the high potential at depth." The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and reviewed and approved by Eric Titley, who is independent of Rokmaster and who acts as Rokmaster's Qualified Person. On Behalf of the Board of Directors of Rokmaster Resources Corp. John Mirko, President & Chief Executive Officer. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future vents or results or otherwise. SOURCE Rokmaster Resources Corp.
