Business and Finance Business and Finance
Thu, April 11, 2013
[ Thu, Apr 11th 2013 ] - Market Wire
15 PM EDT
Wed, April 10, 2013
[ Wed, Apr 10th 2013 ] - Market Wire
Extends Private Placement

Drilling Underway at the Kaburi PL Gold Project, Guyana, South America


Published on 2013-04-10 09:00:48 - Market Wire
  Print publication without navigation


April 10, 2013 11:51 ET

Drilling Underway at the Kaburi PL Gold Project, Guyana, South America

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 10, 2013) -Tajiri Resources Corp. (the "Company") (TSX VENTURE:TAJ) reports that as of earlier today drilling at the Company's Kaburi PL Gold Project, Guyana, South America has commenced on targets defined during Phase I & II work completed by the Company in 2012.

The drilling marks the first ever modern exploration efforts of its kind on the Property and will consist of a minimum 3,000 metres over approximately 25 - 30 shallow Reverse Circulation ("RC") drill holes in order to test targets associated with the Seer gold-in-soil anomaly, defined by over 1200 'Trado' (power auger) based soil samples taken at depths of up to 7 metres, with particular focus on those targets which correlate with the Phase II lithological sample results as highlighted below. These 187 panel samples were predominantly collected from mined out artisanal pits, within the Seer anomaly, where bedrock and lateritic exposures were exposed below the highly weathered saprolite.

Table of rock Samples Assaying >0.5 g/t Gold taken from lithological exposures at the Kaburi PL in November, 2012

Sample TypeSample IDLocationEastingNorthingAu g/t
Panel Sample 1 by 1mGM68Goldstar East27586462584015.30
Panel Sample 1 by 1mGM60Alywn's Pit2753096252049.94
Panel Sample 1 by 1mGM67Alywn's Pit2753096252089.67
Panel Sample 1 by 1mGM59Alywn's Pit2753096252045.69
Panel Sample 1 by 1mGM43Alywn's Pit2753186252023.91
Panel Sample 1 by 1mGM147Goldstar NE2762606263923.19
Panel Sample 1 by 1mGM51Alywn's Pit2753186252082.99
Panel Sample 1 by 1mGM08Alywn's Pit2753196251832.88
Panel Sample 1 by 1mGM07Alywn's Pit2753256251832.65
Panel Sample 1 by 1mGM36Alywn's Pit2753186251982.10
Panel Sample 1 by 1mGM06Alywn's Pit2753256251831.35
Panel Sample 1 by 1mGM44Alywn's Pit2753186252021.33
Panel Sample 1 by 1mGM41Alywn's Pit2753186252001.27
Panel Sample 1 by 1mGM157SouthEast2756906246371.17
Panel Sample 1 by 1mGM31Alywn's Pit2753226251791.15
Panel Sample 1 by 1mGM29Alywn's Pit2753316251810.87
Panel Sample 1 by 1mGM37Alywn's Pit2753186251980.83
Panel Sample 1 by 1mGM24Alywn's Pit2753316251920.80
Panel Sample 1 by 1mGM46Alywn's Pit2753186252040.78
Panel Sample 1 by 1mGM111Camp2740746256350.69
Panel Sample 1 by 1mGM33Alywn's Pit2753186251960.60
Panel Sample 1 by 1mGM12Alywn's Pit2753186251880.58
Panel Sample 1 by 1mGM138Goldstar NE2762736263830.56

The current RC Drilling program will continue for the next several weeks with samples being shipped periodically to the Acme Analytical Laboratories Preparation facility in Georgetown, Guyana with initial results expected by mid to late May, 2013.

On Behalf of the Board,

Tajiri Resources Corp.

Graham Keevil, President, CEO

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.

Follow Tajiri Resources On:
Facebook: [ http://www.facebook.com/TajiriResources ]
Twitter: [ http://twitter.com/tajiriresources ]
YouTube: [ http://www.youtube.com/user/tajiriresources ]
Flickr: [ http://www.flickr.com/photos/tajiriresources/ ]

To hear a pre-recorded audio interview with the CEO regarding this release and general corporate updates follow this link: [ http://youtu.be/4Bo1gpJArPo ].

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.