JKS Resources Inc. Completes Drill Program
Vancouver, British Columbia–(Newsfile Corp. – March 15, 2023) – JKS RESOURCES INC. (CSE: JKS) (“JKS” or the “Company”) is pleased to announce that it has completed its maiden reverse circulation drill program on its Sowchea Property, located in the Omineca Mining Division, British Columbia.
The drill program involved a 12 holes totaling 272m. Initially, the Company contemplated a drill program of over >100 holes to a depth of 3m. Due to the overburden being more significant than anticipated, the Company completed fewer drill holes due to the length required to reach the bedrock. Assays were delivered to the independent laboratory and results will be reported when received.
About JKS Resources Inc.
JKS is engaged in the business of exploration of gold focused mineral properties. JKS holds an option to acquire a 100% interest in the Sowchea Property, subject to a 1% gross over-riding royalty interest in the revenue from the sale of production (the “GORR”). JKS has the right to purchase half of the GORR for $1,000,000 at any time. The Sowchea Property consists of three mineral claims covering approximately 2,280 hectares in the Omineca Mining Division of Central British Columbia.
The scientific and technical information contained in this news release has been reviewed and approved by Peter Born, P. Geo., a Qualified Person for the purpose of NI 43-101. Mr. Born is not independent as he is a director of the Company.
For more information please contact:
CEO, President & Director
This news release includes certain statements that may be deemed “forward-looking statements”, including statements respecting the services to be provided by JKS. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although JKS believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because JKS can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in JKS’s disclosure documents which can be found under JKS’s profile on www.sedar.com.
Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/158475