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Tajiri Resources Corp (2)
Symbol TAJ
Shares Issued 154,160,618
Close 2025-02-13 C$ 0.065
Market Cap C$ 10,020,440
Recent Sedar Documents

Tajiri files NI 43-101 technical report on Yono

2025-02-13 17:05 ET - News Release

Mr. Graham Keevil reports

TAJIRI FILES NI 43-101 TECHNICAL REPORT FOR THE YONO GOLD PROPERTY, GUYANA

Tajiri Resources Corp. has filed an independent National Instrument 43-101 technical report for the Yono property, located in Guyana, South America. The report, prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-101), is available on SEDAR+ and the company's website.

The Yono property is strategically situated just 170 metres from significant gold resources totalling approximately 5.2 million and 2.7 million ounces (indicated and inferred) on the adjacent Oko and Oko West properties, owned by G2 Goldfields and G Mining Ventures.

The report was prepared by Seymour M. Sears, BA, BSc, PGO, of Sears, Barry & Associates Ltd., in connection with the company's proposed acquisition of a 65-per-cent working interest in the Yono property. It provides a comprehensive analysis of the Yono property, confirming key geological features previously disclosed by the company.

The full report is available on SEDAR+.

Key findings from the report include: "The Yono property is strategically located very close to adjoining, known gold deposits. From a mining perspective, it could be very challenging and restrictive to mine these deposits without having access to the Yono property." (1)

Other noteworthy excerpts from the report include:

"The Yono property has excellent potential to host mineralization similar to that on the adjoining properties and similar to other known gold deposits in the region.

"The Yono project is a property of merit, and an extensive multiphased exploration program is warranted." (2)

The company notes several gold targets on the Yono property have been identified in the report. Of prominence is the potential for strike extensions of the western portions of the higher-grade (6.38 grams per tonne to 9.3 g/t gold) (3) Oko Main zone to extend into the eastern portion of the Yono property. The report notes:

"The most recent published drill results by G2 Goldfields (G2 Goldfields Inc. press release dated Jan. 7, 2025), appears to show that the Ghanie zone and OMZ shear 1 are contiguous, and potentially shear 1 and shear 3 coalesce between Ghanie and OMZ. In this interpretation, shears 4 and 5 are open to the south of OMZ and substantively untested and potentially project into the Yono property along its eastern boundary somewhere between its northeastern and southeastern corners." (4)

And finally, "Favourable sedimentary and volcanic rocks that host gold mineralization on adjacent properties have been mapped in the centre of the Yono property." (5)

Chief executive officer and president Graham Keevil commented: "We're extremely pleased to have completed this most crucial step in the Yono property acquisition approval process. Additionally, the independent technical report further serves to confirm our belief that the Yono property could be highly prospective and a potentially invaluable part of the developments at the two neighbouring gold projects."

(1) Page 97 (last paragraph) of the NI 43-101 technical report on the Yono property, Guyana, South America.

(2) Page 2 (Section 1.6) of the NI 43-101 technical report on the Yono property, Guyana, South America.

(3) The potential quantity and grade of mineralization disclosed in this news release are conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain whether further exploration will result in the target being delineated as a mineral resource. The potential quantity and grade disclosed in this news release are based on a combination of factors, including historical exploration data, geological mapping, geophysical surveys, geochemical sampling, structural interpretations and comparisons to known mineralized zones in the region. These factors indicate the presence of mineralization; however, further exploration, including drilling and resource modelling, is required to determine whether a mineral resource can be defined. Investors are cautioned that the exploration target is not being reported as part of any current mineral resource estimate and should not be relied upon as an indication of future resource potential.

(4) Page 52 (last paragraph) of the NI 43-101 technical report on the Yono property, Guyana, South America.

(5) Page 8 (last paragraph) of the NI 43-101 technical report on the Yono property, Guyana, South America.

Qualified person

The technical contents of this news release have been reviewed and approved by Dominic O'Sullivan. Mr. O'Sullivan is a geologist, member of the AusIMM (Australasian Institute of Mining and Metallurgy), and a qualified person, as defined by NI 43-101. However, Mr. O'Sullivan is not independent of the company by virtue of his position as executive chairman.

About Tajiri Resources Corp.

Tajiri Resources 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. Led by a team of industry professionals with a combined 100 plus years experience, the company continues to generate shareholder value through exploration.

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