TAJ.V · 2021-05-13 12:00:00

Troy Resource's Limited's Goldstar Prospect located on the southern boundary of the Project (Figure 1).

Corporate Updates

Tajiri Intersects 2m @ 9.6g/t; 2m @ 9.0g/t; &

2m @ 8.0 g/t Au in Trenching Along Strike from

Previously Announced 2m @ 61.8g/t

VANCOUVER, BC

May 13, 2021

/CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is

pleased to announce continued excellence in the results from trench sampling at the Epeius Project

Guyana,

South America

where trenching is investigating an area broadly on strike from ASX listed

Troy Resource's Limited's Goldstar Prospect located on the southern boundary of the Project

(Figure 1).

The area of investigation is resolving into three zones of mineralization:

A high-grade zone: The Magic Crack Zone (or the "MCZ") which is associated with the contact

of variably graphitic sediments and mafic volcanics where trenching to date has returned

61.8 g/t

Au,

@ 16.2g/t

Au,

@ 9.2 Au, 2m @ 9.6g/t Au,

@ 4.2g/t Au and

3.5g/t including

@ 8.0g/t Au over a strike length of

500m

A low-grade zone: The Pretty Ordinary Zone (or the "POZ") which is associated with a series of

small felsic and microdioritic/doleritic intrusives that presents as zones 2-

20m

wide variably

grading between 0.1 and 0.8g/t Au with rare values >1.0g/t, along with two better intersections

near the MCZ of

12m

@ 2.8g/t and

@ 0.9g/t including

@ 1.5g/t. This mineralization is

associated with flat to shallow dipping quartz vein sets or in the better mineralized intervals with

stockwork veining in or at the margins of the intrusive. Thus, the POZ may show considerable

vertical grade variation related to density of horizontal vein sets and will require drill testing.

The newly discovered on strike extensions of Troy Resources Goldstar Prospect: The Goldstar

Extended Zone (or the "GETZ") which was intersected in Trench 13 and returned 12m@ 0.6g/t

including

@ 1.0g/t and 13m@ 0.5g/t including

@ 1.0g/t Au. These intersections are

located

880m

to the northwest of and directly on strike from Goldstar where Troy has now

commenced trial mining. The two zones are separated by approximately

35m

across strike.

Investigation of the strike continuity between Goldstar and the GEEZ will require drilling as the

entirety of the strike of the GETZ between Trench 13 and Goldstar is covered by alluvium most

of which has been heavily worked by artisanal miners.

The high-grade intersections of

@ 9.6g/t

and

@ 9.0g/t

extend mineralization as reported

March 10

, 2021 of

@ 61.8 g/t

Au and

@ 16.2g/t

Au to a strike length of ~

60m

with the

two zones situated

11m

apart across strike. These results produce a coherent zone of

3.5m

width

averaging 25g/t Au contained within an

11m

wide interval of at least

60m

strike. Apart from two

other trenches TR1G and TR1J additional trenching along strike to the NW was unable to track the

zone due to either alluvium in a gully floor where Trenches 1-C &D were located or a lateritic

duricrust, which was too deep (>

) and hard to penetrate by mechanical trenching. The lateritic

duricrust is part of a Permian aged erosion bevel that has been mapped in the region and represents

an ancient peneplane which is likely composed of transported material.

Of the two trenches which effectively tested the on-strike extensions of the MCZ, Trench 1J

intersected

@ 3.5g/t including

@ 8.0g/t and

@ 4.2g/t

500m

to the northwest of

the Trench 1A intersections of

@ 61.8g/t and

16.2g/t Au,

and Trench 1G which tested the

MCZ ~200m to the NW of the Trench 1 A intersections visually intersected mineralized material

which produced considerable fine gold from panning but no significant fire assay values. The

company is currently resampling Trench 1G and re-assaying existing visually mineralized samples

and results will be released when available.

As reported previously the MCZ contact zone continues to the SE and although only low grade

mineralization has been intersected to date it is nonetheless persistent in the 0.5-2.0g/t range over a

width of 2-4 metres.

Figure 1 shows the location of the Epieus project and Figure 2 shows all above discussed

mineralized zones and trenched intersections.

Executive Chairman

Dominic O'Sullivan

commented: "I am well pleased with the results generated

at Epeius to date and think investors could agree with me that we now have a very good chance of

generating at least a modest shallow high-grade resource at the MCZ. I also have confidence that

we will be able to extend the high-grade MCZ further along strike to the NW as Troy Resources

recently announced RC drill intersections of

11m

@ 1.9g/t and

@ 7.2g/t

from the same

sediment/volcanic contact which hosts the MCZ, 1800m to the NW of Trench 1J (see Figure 1). I

look forward to drilling the MCZ and exploring options to bring it into production, if warranted, after

completion of the acquisition of the Epeius Project."

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. Assays were conducted as

30-gram fire assays on 1 or

composite horizontal channel samples of trench walls at ISO 9001

certified Actlabs Guyana, located at 27/28 Industrial Area, Beterverwagting,

Georgetown Guyana

subsidiary of Activation laboratories Limited: https://actlabs.com

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.

For results of GCRC083 see: announcement by Troy Resources Ltd: Further High-Grade Drilling

Results at Karouni Gold Project, 18th March 2021.

http://clients2.weblink.com.au/news/pdf_1%5C02355082.pdf

Map of Troy's Goldstar Prospect is sourced from their announcement: Exploration Update, Karouni

Project,

4th Jan 2021

http://clients2.weblink.com.au/news/pdf_1%5C02327864.pdf

Figure 1:

Showing location of the Kaburi (dark blue) and Epeius Gold Projects (light blue), location of

main deposits within the district, major gold mineralised corridors, Troy’s tenements (green) the area

of Tajiri’s trenching together with the Goldstar Prospect where Troy Resources has currently begun

trial mining (yellow ellipses).

Black Stars are significant artisanal bedrock pits.

Troy’s drillhole

GRRC083 which intersected 11m @ 1.9g/t and 6m @ 7.3g/t Au on the sediment-volcanic contact

which controls the Magic Crack Zone is shown as the red star. (CNW Group/Tajiri Resources Corp.)

Figure 2:

Showing location of Tajiri’s trenches (black lines) and mineralised zones.

Areas of alluvium

which have been worked by artisanal miners are shown in brown and this alluvium overlies most of

the strike of the GETZ between Trench 13 and Troy’s Goldstar Prospect. Trenches are shown as

solid black lines and mineralised intervals >0.2g/t Au are the red intervals within the trench trace.

(CNW Group/Tajiri Resources Corp.)

SOURCE

Tajiri Resources Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/May2021/13/c9987.html

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For further information:

Contact 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 09:28e 13-MAY-21

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