Exploration Update K4-K5 Prospect Reo Project, Burkina Faso
Exploration Update K4-K5 Prospect Reo
Project, Burkina Faso
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
.
Figure 1: Showing the Main K4-K5 gold anomaly which strike 9km in a NE direction. Historic 400
x100m Auger shown as black dots, and completed 200 x 50m auger drill holes yellow. Note gaps in
historic sampling pattern (red ellipses) and location of the Divole West Prospect SW along the
Granite (pink) – Greenstone contact. Areas of Artisanal workings shown green. Gold anomaly
contour colouring red > 14.5ppb, Purple >19.2ppb (peak 2,800ppb) (CNW Group/Tajiri Resources
Corp.)
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
m
2
and
349,000m
2
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.
Figure 2: Showing satellite image of Main K4-K5 artisanal workings (outlined white) and location of
100x25m & 25x25m auger drill grids (red boxes) and historic drill holes >0.5g/t intercepts green,
>1.0g/t intercepts red, >5g/t Au intercepts purple. Selected mineralised intercepts in call-outs.
Potentially mineralised structures shown as yellow arrowed dashes. Note the NNE alignment of the
southern artisanal working subject to detailed sampling and the elongation of the southern end into a
SE-NW orientation potentially indicative of cross-cutting mineralised structures.
NB strike of main
two artisanal workings which are substantively undrilled is 1,800m along the NNE axis. (CNW
Group/Tajiri Resources Corp.)
Figure 3: Same view window as Figure 2; showing reduced to pole; high frequency spectrum filtered
ground magnetic data
with artisanal workings outlined in white. Note the yellow arrowed dashes
which correspond to either the
alignment of artisanal
workings or sampled mineralisation correspond
well with NNW, NE and NW striking structures/magnetic breaks. (CNW Group/Tajiri Resources
Corp.)
SOURCE
Tajiri Resources Corp.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/January2021/26/c3400.html
%SEDAR: 00027091E
For further information:
Tajiri Resources Corp., Graham Keevil, President, CEO, 604-642-0115 or
Toll Free 866-345-0115, 604-642-0116 (FAX), [email protected], www.tajirigold.com
CO: Tajiri Resources Corp.
CNW 14:22e 26-JAN-21