Tajiri Resources Corp (TSX-V:TAJ) has highlighted drill results from its neighbour Goldsource Mines at its Soca Prospect, located within a north-south striking zone of mineralisation which extends southward into the Gargantuan Project.
The company noted that the prospectivity of the Soca Zone extension through Gargantuan is highlighted by extensive artisanal alluvial gold workings associated with its entire projected strike within Gargantuan, with a potential mineralised strike length of around 1,100 metres (m) discovered by Goldsource.
In a statement, Dominic O’Sullivan, executive chairman of Tajiri commented: “Given the immediacy of the Soca Zone to Gargantuan and the good understanding of the gross geometry of the zone established by Goldsource, the extensions of Soca through Gargantuan represents an immediate no-brainer, walk-up, drill ready target with the prospect of delivering a considerable quantum of high-grade mineralisation next to a potential gold mine.”
Drill results reported by Goldsource within 50m of the boundary with Gargantuan included:
- 9m @ 9.29 grams per ton (g/t) gold (Au) from 139.5m; 10.5m @ 3.66 g/t Au from 78m; 3m @ 5.17 g/t Au from 178m; 15.5m @ 1.67 g/t Au and 13.5m @ 4.7 g/t Au from 66m.
Further away from the boundary and up to 250m along strike to the north (limits of drill testing), Goldsource reported the following diamond drill intercepts:
- 6m @ 18.31 g/t Au from 169.5m; 21m @ 3.13 g/t Au from 112m; 36m @ 2.12 g/t Au (including 15m @ 4.41 g/t Au) from 79.5m; 3m @ 7.45 g/t Au from 58m; and 18m @ 1.25 g/t Au from 28m.
Tajiri Resources entered into a binding letter of intent to acquire the Garantuan and Epeius projects on June 24, 2020, and is in the process of preparing and filing NI43-101 technical reports in order to facilitate a vote to receive final shareholder approval of the transaction.
The company is a junior gold exploration and development company with exploration assets located in two of the world's least explored and highly prolific greenstone belts of Burkina Faso, West Africa, and Guyana, South America.
Contact the author at jon.hopkins@proactiveinvestors.com