VANCOUVER, BC, Jan. 26, 2021 /CNW/
- Tajiri Resources Corp. (the
"Company") (TSXV: TAJ) is pleased to provide an update to the
ongoing exploration work at the Company's 100% owned Reo Gold
Property, Burkina Faso,
West Africa.
After completing initial drilling of the Morley prospect where numerous hits were
reported including hole MRTC0022's 11 metres of 8.6 g/t Au
including 3 metres at 30.9 g/t Au from 20 metres; the Company
began power auger drilling and trenching at the K4-K5 Prospect,
where historic wide spaced drill lines returned significant
mineralised intersections including: 18m @ 2.5g/t; 44m @ 1.5g/t, 12m @
5.0g/t, 4m @ 16.2g/t;
36m @ 1.3g/t, 16m @ 2.7g/t, 20m @
1.7g/t 18m @ 2.5g/t,
20m @ 1.7g/t, 18m @ 1.6g/t 12m @
4.1g/t. RC: 13m @ 2.2g/t,
6m @ 2.7g/t, 16m @ 2.0g/t, 10m @
3.5g/t; 3m @ 11.5g/t, 2m @ 16.8g/t, over an area of 3 x 4km from
within a larger area of gold in saprolite anomalism of
approximately 9 x 4 km (see Figure 1).
Due to the massive scale of the prospect and previous wide
spaced sampling programmes Tajiri commenced an infill auger
drilling program at K4-K5 to tighten the historic auger sampling
pattern from a 400 x 100m grid to a
200 x 50m grid in order to better
constrain individual gold zones within the broad gold in saprolite
anomaly and to also investigate individual larger areas of
artisanal workings on 100 x 25m to 25
x 25m grid spacings on an east west
grid. Because artisanal workings have largely not been sampled or
drilled to date and because they potentially overly areas of
significant gold mineralisation it was considered important to
sample these areas and determine orientation of mineralisation
prior to commencing more expensive RC / diamond drilling
programs. To this end the two largest areas of artisanal
pitting of saprolite pitting and laterite scrapings of 231,000 m2 and 349,000m2 have been selected for
closer spaced auger sampling. Details of these two sampling areas
which are disposed over a strike of 2.5 km are shown in Figures 2
& 3.
To date 795 power auger holes have been drilled for a total of
8,917 metres to the top of saprolite occurring at an average depth
of 11.2m the result of which is some
957 end of hole ('EOH') and quality control samples awaiting assay.
When completed the planned program will comprise approximately
2,000 holes for 20-25,000m (dependant
on ultimate depth) of auger drilling. Holes completed to date
are shown in Figure 4. Currently three auger rigs are being
employed and average progress is around 100m per day per rig.
An additional focus of the auger program is to better sample an
8km strike portion of granite – greenstone contact along the
north-western margin of K4-K5. Three kilometres to the
southwest of the project boundary and associated with the
granite-greenstone contact lies the recently discovered Divole West
Prospect of Arrow Minerals Limited (ASX:AMD) which has returned
shallow significant RC drill intersections over a strike length of
3km including 3m @ 15.1g/t;
17m @ 3.3g/t; 33m @ 1.9g/t; and 23m @ 1.0g/t. Historic 400 x100m auger
sampling of the contact demonstrates broad gold in saprolite
anomalism (peak 213ppb Au) but the historic sampling grid contains
a considerable number of 200-500m gaps along lines (See Figure 1) where
no samples were collected and thus the prospective
granite-greenstone warrants infill sampling.
First results are expected within the month and it is expected
that the Company will be able to commence RC drilling within the
next 6 to 8 weeks.
Trenching
In concert with the auger drilling, a
program of 2,000m of trenching was
commenced with the purpose to map and sample mineralisation within
the artisanal pits and next to historic drill holes where
significant intersections had been returned close to surface. To
date 193 linear metres of trenching have been completed.
However, the program has been suspended as two trenches
excavated near drill intercepts did not reach textured saprolite
and no structural data could be collected and a single 30m trench commenced within saprolitic artisanal
workings was inundated by ground water inflow before it could be
mapped and sampled. It is expected that a limited program of
2-3 trenches in the saprolite workings will now be undertaken in
the next 4 to 6 weeks once ground water levels have
subsided.
It is also expected to commence a program of trenching at the
Morley prospect shortly after
completion of trenching at K4-K5.
The Chairman's Comments
"While the Company would have
liked to have commenced drilling at K4-K5 immediately after
completion of drilling at Morley,
after a thorough review of all data it became evident that the
dominant strike of known mineralisation at K4-K5 could be
interpreted to strike equivocally- either NE or NNE (as shown in
Figures 2 & 3). Distinct geophysical structures both in IP
and ground magnetics can be associated with mineralisation of both
trends. In addition a NW cross-cutting trend cannot be ruled
out as potentially mineralised structures - based on the elongation
of the main southern artisanal working at its southeast end and the
association of this working with a set of strong NW breaks visible
in ground magnetics. We look forward to receiving results
shortly."
Qualified Person
The Qualified Person under National
Instrument 43-101 - Standards of Disclosure for Mineral
Projects for this news release is Dominic O'Sullivan a geologist, member of the
AusIMM, Executive Chairman of Tajiri and who has reviewed and
approved its contents.
On Behalf of the Board,
Tajiri Resources Corp.
Graham
Keevil,
President & CEO
About Tajiri
Tajiri Resources Corp. is a
junior gold exploration and development Company with exploration
assets located in two of the worlds least explored and highly
prospective greenstone belts of Burkina
Faso, West Africa and
Guyana, South America. Lead by a team of industry
professionals with a combined 100 plus years experience the Company
continues to generate shareholder value through
exploration.
This news release
may contain forward-looking statements based on assumptions and
judgments of management regarding future events or results. Such
statements are subject to a variety of risks and uncertainties
which could cause actual events or results to differ materially
from those reflected in the forward-looking statements. The Company
disclaims any intention or obligation to revise or update such
statements.
Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
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SOURCE Tajiri Resources Corp.