Rokmaster Resources Corp. announced positive results from the Preliminary Economic Assessment ("PEA") completed by Ausenco Engineering Canada ULC ("Ausenco"), supported by Mining Plus Canada Consulting Ltd.("Mining Plus"), Knight Piésold Ltd.("KP"), P&E Mining Consultants Inc. ("P&E"), and Canenco Consulting Corp.("Canenco"), for the Revel Ridge polymetallic gold-silver Project ("Revel Ridge" or the "Project") located in the Revelstoke area of southeastern British Columbia. The PEA demonstrates the Revel Ridge Project's ability to become a long life and robust polymetallic gold-silver mine with strong project economics at USD 1,850/ounce gold, while today's spot price is over US$2,000 per ounce.

In addition to the PEA, Revel Ridge has upside potential to expand current Mineral Resources through ongoing exploration diamond drilling, both down dips, along on-strike and on other occurrences. The 2023 Revel Ridge PEA considers an underground mine with on-site treatment of the mined material by particle sorting followed by conventional milling, and flotation to produce separate lead and zinc concentrates for sale to third-party smelters, in combination with on-site treatment of refractory gold concentrates to produce gold-silver doré. The mine will comprise an owner-operated, ramp developed, long hole stope underground mine.

The processing capacity of 2,920 tonnes per day will result in a production lifespan of 11.4 years. An additional 18 months of mine ramp access and development, and construction of the process plant and filtered waste management facility (filtered tailings and filtered residues) is planned prior to the project becoming fully operational in Year 1. The PEA leverages Revel Ridge's existing infrastructure, including all-weather access roads, 3 km of underground development, permitted waste rock storage facility, full camp facility and approximately 15 km from the BC Hydro electrical system and the City of Revelstoke with its skilled labor pool. The PEA is derived using the Company's NI 43-101 Mineral Resource Estimate (June 06, 2023).