- Tajiri Resources (TSXV:TAJ) released new phase-II trenching results from its majority owned Yono project in Guyana, revealing three large gold zones with the potential to host economic mineralization
- The junior gold exploration and development company is backed by a leadership team responsible for ~20 million ounces of gold discoveries across Western Australia, West Africa and Guyana to date
- Tajiri Resources stock has added 258.33 per cent year-over-year and 79.17 per cent since 2021
Tajiri Resources (TSXV:TAJ) released new phase-II trenching results from its majority owned Yono project in Guyana, revealing three large gold zones with the potential to host economic mineralization.
The new discoveries are only 150-170 metres (m) away from G Mining Ventures’ Oko West project and G2 Goldfields’ Oko properties, which collectively host 6.9 million ounces of gold indicated and 2 million ounces inferred, extending north and south of Yono for more than ~5 kilometres (km).
The North Tweener zone yielded 20 m at 1.4 grams per ton (g/t) of gold, 12 m at 2.5 g/t gold, 4 m at 1.8 g/t gold and 4 m at 5.5 g/t gold on Yono’s northern boundary. Mineralization extends southward, suggesting it’s an extension of trench YTR4 located 400 m to the south, which returned 19 m at 4.6 g/t gold.
The Ridgeline splay zone intersected 18 m at 0.8 g/t gold, including 10 m at 1.1 g/t gold, substantiating a mineralized contact that extends through Yono for ~ 1,200 m backed by geophysics, mapping, as well as geochemical and trench assays, all of which show geology analogous to G2 Goldfields and G Mining Ventures’ flagship deposits.
Finally, the Eastern Border zone to the southeast returned 18 m at 0.5 g/t gold, including 8 m at 1 g/t gold, indicating a similar strike to its large-scale neighbors that extends ~ 700 m through the previously reported YTR7, yielding 1 m at 10.8 g/t gold, with leadership inferring it to pass into G2 Goldfields’ tenure.
Tajiri also encountered anomalous gold – ~10-26 m at ~0.1-0.2 g/t gold – suggesting higher-quality mineralization may be found along strike or down dip.
A 2,610 m trenching program is ongoing, with 1,800 m completed to date, to better delineate these gold showings and support a drill testing program.
Management commentary
“Our confidence in the potential for Yono to host significant economic gold mineralization continues to grow with each phase of results,” Dominic O’Sullivan, executive chairman of Tajiri Resources, said in Thursday’s news release. “The project now hosts at least three mineralized structural-stratigraphic corridors totaling approximately 3 km of strike length, each returning gold grades in excess of 1 g/t. Additional anomalous zones have also been identified that may develop into higher-grade mineralization along strike or at depth. Based on these results, the company is accelerating its exploration programs and is in the process of hiring additional geological staff and mobilizing a second excavator to expedite trenching.”
About Tajiri Resources
Tajiri Resources is a junior gold exploration and development company active in Guyana. The company’s leadership team brings more than 100 years of collective mining experience, including 40 years in Guyana, and is responsible for ~20 million ounces of gold discoveries across Western Australia, West Africa and Guyana to date.
Tajiri Resources stock (TSXV:TAJ) is up by 7.5 per cent on the news trading at C$0.22 as of 9:56 am ET. The stock has added 258.33 per cent year-over-year and 79.17 per cent since 2021.
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