VANCOUVER, BRITISH COLUMBIA -- (Marketwired - April 9, 2013) -
Rokmaster Resources Corp. ("Rokmaster" or the "Company") (TSX VENTURE:RKR) is pleased to announce it has reached an agreement (the "Agreement") with the Community of Pinaya (the "Community"), Lampa Province, Peru, for the exploration and development of the Pinaya Project. The Agreement provides for the Company's wholly owned subsidiary, Minera Pinaya Peru S.A. to conduct all necessary exploration and development work on the Pinaya Project subject to the terms of the Agreement, which include the following: payment for land easement over Community surface rights and investments in social and employment programs. "This Agreement indicates the Community's support for Rokmaster's work at the Pinaya Project." stated Rokmaster's President and CEO, John Mirko. Mr. Mirko further states, "The Company approached the Community with an open dialogue to understand the Community's unique culture and lifestyle. This provides Rokmaster direction in establishing initiatives to facilitate and integrate the Community and the development of the Pinaya Project in the region. One of the Company's goals is to help improve the quality of life in the region on a sustainable basis."
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 Lampa 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., a Qualified Person as defined under National Instrument 43-101, is supervising the quality assurance and quality control programs and exploration on behalf of Rokmaster and has reviewed the technical content of this 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
