The following is a Q&A with Rokmaster Resources Corp. (TSX: V.RKR, Stock Forum) President and CEO John Mirko.
Background:
Rokmaster is gearing up for a phase one drill program on its Pinaya Project, which is located in a highly prolific porphyry copper-gold belt in Peru.
Why should investors be paying attention to this company?
The company is preparing for the imminent commencement of first ever drill program in well structured company with world class team.
Is it fair to say that you are a gold-copper play? Is there a concern that analysts don’t see much upside for these metals in the near future?
Yes, or copper with byproduct gold-silver. Longer term no concern.
What sets you apart from the competition?
Cash, drill ready, permits, social license, base and precious metal elephant size targets, team, infrastructure, low country risk, large contiguous land package, existing and expandable resources (Half are in the measured category).
Who owns the company? Who are the biggest shareholders?
Management controls 12% of the company. Friends and family hold an additional 35%.
Can you tell us about the key players on the management team and what experience they bring to the table?
Management brings mine-finding, economic development and operational experience.
John Mirko was a founding director of Roca Mines Inc., where he was instrumental in putting the MAX Molybdenum mine in British Columbia into production.
Is MAX still in production?
The MAX mine was shut down due to low metal prices after I left.
Who is running the drilling at Pinaya?
Geological consultant Ken Konkin, our consulting team and our in country management team.
What attracted you to the Pinaya property?
Low hanging fruit in world class metallogenic belt, extending through both Chile and Peru, and surrounded by major companies and mine construction.
We understand that it is located in a very prolific mining belt.
Pinaya is situated along the Andayalus-Yauri Eocene aged porphyry copper skarn belt, which extends north from Chile hosting economic 400 million-tonne to 1.8 billion-tonne deposits.
You have a 2.2 million ounce resource already on the Pinaya property. What is it going to take to make the property economic?
Additional drilling and permitting of an oxide gold zone definition in the near term and additional porphyry copper-gold resource expansion of the existing resource area.
What kind of infrastructure is there to make this project feasible?
A 45-man camp, communication, 7 kilometres of paved Glencore’s Tintaya Mine access road, proximal to power, water, rail, highway, 2 cities (located with a 2-hour drive), jet airports and seaport.
Can you talk about the significance of the drilling program. What does it consists of?
It is a 3-pronged, 3,000-meter Phase I program, designed to test a new oxide gold zone, and demonstrate the expansion potential of the known resource area, while demonstrating the new discovery potential of a new zone.
What exploration work have you done leading up to the drilling campaign? What is now known about the project?
We have only reviewed and reinterpreted a large existing data base and conducted basic prospecting. The Project has at least 40,000 meters of diamond drill core recovered to date as well as additional geological, geochemical, geophysical and metallurgical data available.
Full Disclosure: Rokmaster is a Stockhouse client.