Tajiri Resources to Begin Drilling at the 100% Owned Reo Gold Project, Burkina Faso
Tajiri Resources to Begin Drilling at the 100%
Owned Reo Gold Project, Burkina Faso
VANCOUVER, BC
,
Aug. 20, 2020
/CNW/ - Tajiri Resources Corp. (the "Company") (TSX
VENTURE: TAJ) is pleased to announce that it has entered into an agreement with Sahara Natural
Resources (or "Sahara') to provide full support to the Company's maiden exploration program on the
Reo Gold Project located some 130km west of the country's capital
Ouagadougou
in
Burkina Faso
.
Sahara is a full-service natural resource contractor and has been providing services globally since
2010. Sahara is accredited with all major stock exchanges. The contract envisages 4,000-
7,000m
of RC drilling and 1,500-
2,500m
of diamond core drilling with all work to be conducted by and
supervised by Sahara. Drilling is expected to start within the next 2 weeks.
The specific focus of the drill campaign will be at the advanced
Morley
and K4-K5 prospects with
drilling commencing at
Morley
, where the previous project owner Middle Island Resources identified
through drilling and trenching a potential high grade gold bearing structure of 3-
10m
width and 400
metres in strike, The true extent of which remains unknown. The perspectivity of
Morley
is clearly
demonstrated by numerous drill and trench intersections such as:
KRAC11
32m
@ 17.5g/t from
2m
,
MRTR001(trench)
11m
@ 7.97g/t,
MRRC005
10m
@ 9.63g/t from
74m
,
MRRC040
5m
@ 16.9g/t from
33m
KRC022
10m
@7.55g/t from
16m
A minimum of
2,000m
of RC drilling is scheduled for
Morley
with the objective of infilling gaps in
previous drilling to demonstrating down continuity and extending the zone along strike. With an
extensive collection of historical data to provide a blueprint the Company plans to both confirm and
expand on the
Morley
prospect area in the upcoming program, as there are clear signs of potential
for a high grade near surface orebody similar in nature to other mines in the region.
After drilling
Morley
additional work is planned to continue, without pause, at the K4/K5 prospect,
where previous scout drilling of approximately 30,000 metres of various methods has identified a
large gold bearing system that to date has been defined to be some 4 x 5 km in size. In addition, in
2013 an IP survey was conducted which identified >20 discrete chargeability + resistivity anomalies
which correlate with drill intersected mineralisation such as:
MRRC0047
13m
@ 2.47g/t from
MRRB1608 12m @ 3.23 from
4m
MRRC0081 16m @ 1.95g/t from
7m
,
6m
@ 2.27g/t from
54m
,
13m
@ 2.19g/t from
85m
MRRC0091 10m @ 3.47g/t from
25m
The planned drill program will include 2,000-
4,000m
of shallow RC drilling to extend strike from
historic drill intersections along the chargeability + resistivity anomalies. Drilling will be on 50-
100m
strep outs and will test 2-3 of the chargeability + resistivity anomalies as proof of concept before the
Company embarks on a resource drilling campaign.
In addition the Company will also test 3-6 deep, highly prospective, resistivity/chargeability IP
targets with 1,500-
2,000m
of diamond core drilling to a depth of ~400m. IP surveys have indicated
the presence of 6 targets at depths of between
250m
-
400m
below surface that are 2-4 times the
intensity of shallower targets and appear 30-
50m
in width. To date drilling at K4-K5 has been
generally shallow with only 5 diamond drill holes ranging from 71-
190m
depth having been
completed. As only one of these drill holes came close to testing a deeper IP target- MRDD 003
drilled - to a depth of
170m
- which intersected at the bottom of the hole a silica-chlorite altered
granodiorite which returned
2m
@ 16.8g/t between 158 and 160 metres. MRDD 003 was drilled in
a down dip direction, did not test the most prospective part of the resistivity/chargeability target, and
therefore the possibility that a deeper a higher grade mineralisation is related to the highly altered
subsurface intrusion and as such presents an exploration target of the highest priority.
On Behalf of the Board,
Tajiri Resources Corp.
Graham Keevil
,
President, CEO
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.
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.
SOURCE
Tajiri Resources Corp.
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For further information:
Tajiri Resources Corp., Graham Keevil, President, CEO, 604-642-0115 or
Toll Free 866-345-0115, [email protected], www.tajirigold.com
CO: Tajiri Resources Corp.
CNW 15:07e 20-AUG-20