Rokmaster Resources Corp. and Kootenay Resources Inc. announced the finalization of a letter of intent (LOI) between the companies for the road accessible Fox-Coconut and Mystery Properties, which are both located south of Highway 16 between Prince George and Smithers in west-central British Columbia (Nechako Project). The Nechako Basin region in central British Columbia is host to several significant past producers and current development projects.

The Fox-Coconut Property is south of Centerra Gold's Endako molybdenum porphyry deposit which was in production for nearly 50 years and has a current measured and indicated mineral resource ("M&I") of 169.3 Mt at 0.04% Mo. The Equity Silver Mine was another past producer in the region which produced 71 Moz silver, 0.51 Moz gold, and 185 million lbs copper from 33.8 Mt mined between 1981 and 1994. The Blackwater Mine, located south of the Fox-Coconut Property, is currently being constructed by Artemis Gold to begin production on an M&I mineral resource of 11.7 Moz gold and 122.4 Moz of silver later this year.

The Mystery Property is located northeast of Imperial Metal's Huckleberry Mine which produced over 1.0 billion lbs copper and associated molybdenum, silver, and gold from the 153 Mt mine between 1997 and 2016. Surrounding to the Huckleberry Mine, Surge Copper Corp. is advancing the Berg deposit (M&I 1,009 Mt containing 5.1 billion lbs of copper) and the Ox and Seel deposits (combined M&I 438.6 Mt containing 1.7 billion lbs of copper).

Other explorers in the Mystery Property area include Vizsla Copper Corp., Equity Metals Corp., and Quartz Mountain Resources. The 4,988 hectare Fox-Coconut Property is underlain by Eocene Ootsa Lake volcanic rocks in the west where a topographic high exposes fractured and silicified rhyolite volcanics hosting quartz veins and breccias. The Fox Showing area was hand-trenched and channel sampled in 2014 with results up to 45.3 g/t Au and 7,342 g/t Ag over 1.0 m6.

The eastern portion of the Property is characterized as a complex assemblage of volcanic and sedimentary rocks which hosts several structurally controlled vein/dyke corridors hosting high-grade gold and silver and coincident base metals. The Coconut Showing area features a broad zone of propylitic alteration with more focused zones of quartz-barite+/-tourmaline, chlorite, magnetite related to northwest trending structures.