ROKMASTER Resources Corp V.RKR

PEA Delivers Rokmaster Resources Robust Project Economics

[Betteryear2]

VANCOUVER, BC, Dec. 29, 2023 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or the "Company") is pleased to announce positive results from the Preliminary Economic Assessment ("PEA") completed by Ausenco Engineering Canada ULC ("Ausenco"), supported by Mining Plus Canada Consulting Ltd.("Mining Plus"), Knight Pisold Ltd.("KP"), P&E Mining Consultants Inc. ("P&E"), and Canenco Consulting Corp.("Canenco"), for the Revel Ridge polymetallic gold-silver Project ("Revel Ridge" or the "Project") located in the Revelstoke area of southeastern British Columbia.

PEA Delivers Rokmaster Resources Corp Robust Project Economics for Revel Ridge: After-Tax NPV5.0% of C$454M, 21% IRR and 3.2 Year Payback (newswire.ca)

[vanex]

This is great but do they still own this project??? Did they make the required payments or they did not and are going to lose it just like they lost the Pinaya project in Peru?? Huakan-RKR Agreement Terms Rokmaster can exercise the Option by paying Huakan an aggregate of CDN$44,200,000 in cash on the following schedule (the "Option Period"): CDN200,000 within 5