RJK cuts gold at Wedge (April 04, 2003)

The first hole sunk by junior explorer RJK Explorations (RJX.a-V) on its newly acquired Wedge property near Shebandowan, Ont., has cut significant gold mineralization.

The hole was designed to test the Creek zone, where grab samples returned up to 11.4 grams gold per tonne. The zone is defined by a 1.4-km-long induced polarization anomaly immediately to the south of some strong, linear electromagnetic anomalies. RJK interprets the anomaly as an extensive fault zone.

Hole WGE-03-01 retuned 6.1 metres (from 179 metres below surface) running 3.2 grams gold, including a 3-metre interval grading 6 grams gold. An 0.85-metre section (from 180 m) runs 12.75 grams gold.

RJK describes the mineralized interval as semi-massive pyrite, with up to 60% pyrite in individual samples. Mineralization is hosted by intensely altered and brecciated mafic volcanic rocks. The sulphides, alteration and brecciation continue to a depth of at least 195 metres, where the hole was lost due to drilling problems.

Assay results form altered and pyrite-mineralized sections above and below the reported interval are pending.

No previous drilling has been recorded in the area of the induced polarisation anomaly or the Creek showing.

The Wedge property is home to three other surface gold showings: the Kaspar, which returned up to 17.2 grams gold; the Wedge area with up to 14.5 grams; plus another area with float samples running up to 11.1 grams.

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