(2) Kirkland Lake, Ontario--(Newsfile Corp. - January 25, 2021) - RJK Explorations Ltd. (TSXV: RJX.A) (OTC: RJKAF) ('RJK' or 'the Company') is pleased to announce that the Company has discovered a new kimberlite associated with Lightning Lake, and the east-west Schumann Arch Fault, in its ongoing drilling program in Lorrain Township, 9 km south of the Historic Cobalt Mining Camp. The first drill hole intersected 7 m of kimberlite under 1.5 m of overburden terminating in diabase bedrock at a depth of 8.5 m. A second hole intersected 1.3 m of kimberlite and a third hole returning 0.5 m of kimberlite. The intersections are located within an electromagnetic (EM) conductance target associated with Lightning Lake, with the majority of the target underlying the lake. Five holes failed to intersect kimberlite testing the edges of the anomaly. Additional drilling will be done at a later date to define the boundaries of the target. The kimberlite visually compares to the Paradis, Gleeson, Robin's Place, and HSM kimberlites.