Rokmaster receives approval for Exploration Permit on the Fox-Coconut Property

CNW Group

Tue, Feb 18, 2025, 4:00 AM 3 min read

The Fox-Coconut Property is the eastern of two Properties which constitute the Nechako Project located in west-central British Columbia. The road accessible Fox-Coconut Property and region features excellent infrastructure by being located 20 kilometers southwest of the Endako Mine and with active forestry operations ongoing in the area (Figure 1).

The eastern Coconut area of the Property is characterized as a complex assemblage of volcanic and sedimentary rocks which host several structurally controlled vein/dyke corridors. Detailed prospecting from 2019 to 2022 sampled high-grade gold and silver and coincident base metals over a broad zone of propylitic alteration which surrounds a quartz-monzodiorite stock. This late intrusive is interpreted to be Cretaceous in age and displays moderate to strong muscovite-chlorite-epidote alteration with local copper and molybdenite mineralization (Figure 2).

The Coconut area has received approval for a Multi-year Area Based Exploration Permit ("MYAB Permit") which has an approval end date of December 31, 2028. The MYAB Permit allows for up to 15-line kilometers of IP geophysical surveying, 10 exploration trenches, and 15 diamond drill sites with associated exploration trails. The MYAB Permit area has been subject to extensive salvage logging which created numerous roads which can be used for exploration access.

John Mirko, President and CEO of Rokmaster, stated "The Coconut area of the Fox-Coconut Property was subject to several pulses of historical exploration activity all focused on finding the source of a highly anomalous lake bottom sediment sample in Island Lake which was highlighted during a regional sampling program covering the entire province. With the MYAB Permit now in hand, Rokmaster has the opportunity to fully explore this world class target for significant Cu-Au-Ag-Mo mineralization"

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, P.Geo., 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.