12:08 PM EDT, 05/20/2025 (MT Newswires) -- Rokmaster Resources ( RKMSF ) Tuesday said it signed an agreement for an option to acquire the Hanson Property which adds to the Nechako Project.

The Nechako Project now totals 27,178 hectares across three properties located in west-central British Columbia, near the Endako Molybdenum Mine.

Field work on the Nechako Project is underway and will be ongoing throughout 2025.

"The Hanson Property is a great addition to the Nechako Project where Rokmaster is assembling a strong property position in a region with important historical and operating mines," said chief executive John Mirko. "Similar to the Mystery and Fox-Coconut properties, the Hanson Property has great geological potential and holds a wealth of positive historical exploration data to build upon to develop robust targets."

The company said it can acquire full ownership of the Hanson property for $0.21 million in cash, with $15,000 due immediately and then in annual increments though 2029. It will also issue 3.6-million shares to the owners over that period.

Rokmaster shares were last seen up $0.005 to $0.03 on the TSX Venture Exchange.