RJK Explorations Updates Progress on the On Strike Uranium Claim Groups in Ontario

RJK Explorations Updates Progress on the On Strike Uranium Claim Groups in Ontario

RJK Explorations Ltd. wishes to announce that Green Bull Energy Inc., has updated the status of its 3 year option agreement to earn a 60% interest in RJK’s On Strike North and On Strike South uranium claim groups in the east Bancroft area of Southeastern Ontario.

GBE has recently entered into a Qualifying Transaction agreement with TAC Capital Corp. (TAC.P: TSXV), a capital pool listed on the TSX Venture Exchange. GBE also advises RJK that it has spent $125,000 to date on exploration over the claim groups with the intention of conducting more extensive exploration in the 2008-2009 season to fulfill its second year spending commitments. Their exploration included helicopter-borne radiometric surveys of both the North and South On Strike groups which revealed many uranium showings and radiometric anomalies. RJK also understands that Frontenac Ventures Corporation, a private company holding a substantial uranium claim group bracketed on both sides by the On Strike North and South claim groups, has now spent almost $5 million over the last two years on a very aggressive exploration program.

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