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Pinaya

I’ve had a few inquiries about this JV project over the months and years, the answer has always been “avoid”. Today’s news is one of the reasons why.

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sep 22, 2014) – Rokmaster Resources Corp. (“Rokmaster” or the “Company”) (TSX VENTURE:RKR)(RKR.V) announces that as a result of the continued presence of illegal miners on the Pinaya Gold-Copper Project (the “Pinaya Project”), in which the Company has an option to earn up to a 75% interest, and Rokmaster’s continuing inability to obtain unrestricted access to the portions of the Pinaya Project controlled and occupied by illegal miners, Rokmaster has declared force majeure in accordance with the Option and Joint Venture Agreement dated July 16, 2012, as amended (the “Agreement”), with AM Gold Inc. (“AM Gold”) and AM Gold’s Peruvian subsidiary, Canper Exploraciones S.A.C. Rokmaster has also learned that the illegal miners have produced toxic substances on the project area as a result of their illegal activities. As a result of the declaration of force majeure, all time limits imposed by the Agreement are extended until the illegal miners and the toxic substances which they have created are removed from the Pinaya Project area rendering such areas accessible and safe.

But only one of the reasons. Link to NR here

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