Core Insights - Rokmaster Resources Corp. has provided updates on its Duncan Lake and Big Copper Projects, highlighting ongoing exploration and recent permit approvals [1][6][7]. Duncan Lake Project - A five-year Multi-year Area Based Exploration Permit (MYAB Permit) has been approved, allowing for up to 21 drill sites north of the historic Duncan Mine [2]. - Historical drilling by Cominco and Teck Resources identified strong lead-zinc mineralization, with Rokmaster successfully intersecting mineralization in its 2022 drilling program [2]. - Recent fieldwork in 2025 included trenching and sampling, with significant results such as 14.64% combined lead and zinc and 6.67 g/t silver over 4.5 meters from the No.1 Zone [3][4]. Big Copper Project - The Big Copper Project also received a five-year MYAB Permit, permitting 20 helicopter-supported drill sites and 4 helicopter pads [6]. - Fieldwork in 2023 collected 165 soil samples and 11 rock samples, revealing anomalous silver values and supporting strong copper-silver mineralization [6]. Financial Update - The company closed the first tranche of flow-through funding, issuing 11,450,000 FT Units at $0.04 per unit, raising gross proceeds of $458,000 [8][9]. - Each FT Unit consists of one flow-through common share and one-half non-transferable non-flow-through share purchase warrant, exercisable at $0.06 for two years [9][10].
Rokmaster channel samples 14.6% Zn+Pb over 4.5 m on Duncan Lake Project and Receives Drill Permits on Duncan Lake and Big Copper Projects
Prnewswireยท2025-10-16 10:30