VANCOUVER, BRITISH COLUMBIA -- (Marketwired - April 4, 2013) -
Rokmaster Resources Corp. ("Rokmaster" or the "Company") (TSX VENTURE:RKR) is pleased to announce it has signed agreements with each of fifty private landowners which cover approximately 180 sq. km of its Pinaya Project. Each Landowner Agreement provides for the Company's wholly owned subsidiary, Minera Pinaya Peru S.A., to conduct all necessary exploration and development work for a period of two years subject to various compensation for the use, disturbance and reclamation of the lands.
"We are very pleased with the signing of the fifty surface easement agreements as it is clear evidence of the strong community support for Rokmaster and its plans for the Pinaya Project," stated John Mirko, Rokmaster's President and CEO. Mr. Mirko further states, "This milestone will immensely assist in the final preparation of the Phase I twenty platform diamond drilling and trenching permit application, together with the Environmental Impact Statement, Pinaya Community agreements and Phase II permit applications."
ABOUT ROKMASTER
Rokmaster is a mineral exploration and development company working in North and South America. The Company has two mineral exploration projects including the Pinaya copper gold project in southern Peru. While these properties are largely at early stages of development they represent exiting opportunities for the discovery of significant precious and base metal mineralization as evidenced at Pinaya (Gold Oxide Zone: Measured + Indicated ("M+I") mineral resources of 6,401,000 tonnes @ 0.79g/t Au and Inferred ("Inf") of 2,383,000 tonnes @ 0.59g/t Au and in the NW and West Porphyry Zone; M+I : 32,269,000 tonnes @ 0.43g/t Au + 0.39% Cu and Inf : 35,412,000 tonnes @ 0.27g/t Au + 0.40% Cu.*). Rokmaster's business model is to utilize its highly experienced team of mineral explorationists and developers to discover significant mineral resources and aggressively advance such projects, and to expose its shareholders to significant capital gain in the near term.
*(The mineral resource estimates are disclosed by Rokmaster at www.sedar.com or
www.rokmaster.com in a National Instrument 43-101 Report dated July 26, 2012 titled "Independent Technical Report on the Pinaya Gold/Copper Property, Caylloma and Lampe Provinces, Peru, for Rokmaster Resources Corp. By prescribed definition, "mineral resources" do not have demonstrated economic viability. An Inferred mineral resource is that part of a mineral resource for which quantity and grade can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The mineral resources fall within a volume or shell defined by long-term metal price estimates of US$3.00/lb for copper and US$1,100.00/oz for gold.)
Mark Rebagliati, P.Eng., is a Qualified Person as defined by National Instrument 43-101 Standards For Disclosure of Mineral Projects, and has reviewed and approved the technical disclosure of this news release.
On behalf of the Board of Directors of Rokmaster Resources Corp.
John Mirko
President & Chief Executive Officer
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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (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.
Contact
Rokmaster Resources Corp.
John Mirko, President & Chief Executive Officer
(604) 632-9602
www.rokmaster.com
