Mr. Graham Keevil reports
TAJIRI EXTENDS TRENCH-16 AT YONO PROJECT AND INTERSECTS 32M @ 1.1G/T GOLD WITHIN 50M @ 0.7G/T GOLD, BORDERED BY G MINING VENTURES AND G2 GOLDFIELDS IN GUYANA
Tajiri Resources Corp. it has extended mineralization previously reported in trench YTR16 (20 metres at 1.4 grams per tonne) to 32 m of 1.1 g/t Au, at its majority-owned Yono project in Guyana, South America.
Yono is contiguous with and surrounded by the Oko and Oko West properties of Toronto Stock Exchange-listed G2 Goldfields Inc. and G Mining Ventures, which collectively host 6.9 million ounces and 2.0 million ounces of indicated and inferred gold resources (approximately 94 million tonnes at 2.3 g/t indicated and 26 million tonnes at 2.5 g/t inferred) within 150 to 170 m of Yono's eastern boundary and extending north and south of Yono over a total distance of approximately five kilometres. Currently, the Oko West deposit is in development, with production slated for the second half of 2027.
In detail, trench YTR16 was extended 80 m to the south of the original 20-metre-long YTR16 for a total length of 100 m and the extended trench encountered mineralization from 50 m returning 50 m of 0.7 g/t gold from 50 m to the end of trench, with the interval from 68 to 100 m returning 32 m of 1.1 g/t, including two m of 7.3 g/t gold from 86 to 88 m.
Gold mineralization encountered in YTR16 is hosted in quartz carbonate veins occurring at contacts within a tightly folded sequence of carbonaceous sediments, interbedded with chloritic sediments and andesites. Lithologies and mineralized veins dip south at 40 to 65 degrees into Yono and the dominant strike of veining and geology is west-southwest-east-northeast and north-northwest-south-southeast. These orientations give considerable potential to expand mineralization down dip and along strike into Yono. In particular, YTR4 intersected 19 m of 4.6 g/t gold, associated with similar carbonaceous sediments, 400 m to the south of YTR16, which suggests potential to delineate a significant zone of gold mineralization.
True widths of mineralization reported are not known with accuracy; however, given the mapped strike and dip of mineralization and the orientation of YTR16, estimated true width of mineralization is 65 to 85 per cent of reported width.
Trenching to the east, west and south of YTR16 to better define this highly significant zone of gold mineralization is continuing and has been expedited.
Executive chairman Dominic O'Sullivan commented: "We are delighted that, with each successive round of results we report, the potential of Yono grows. Today's results underlie that growing potential, with YTR16 returning a zone of gold mineralization that is approximately 50 m wide. Such a substantial width of gold mineralization is highly significant and a strong indication that the same large mineralizing system that has given rise to the proximal Oko Main, Ghanie and Oko West deposits is present extends into and through Yono."
Results of all Yono trench results are reported in the appended table.
About Tajiri Resources Corp.
Tajiri Resources is a junior gold exploration and development company with exploration assets located in the emerging premier gold destination of Guyana, South America. Led by a team of industry professionals with a combined 100-plus years of experience -- 40 of that in Guyana and a record of discovering approximately 20 million ounces of gold in Western Australia, West Africa and Guyana -- the company's goal is to generate the highest possible returns for shareholders through exploration and discovery.
Methodology
Trenches were dug by a 25-tonne New Holland excavator, rented by the company. Ground is first cleared and soil and laterite overburden is removed to a depth of two to four m in an upper bench. Then, the trench is dug to a total depth of six to seven m (two to three m below the upper bench) to reach underlying saprolite where possible.
Sampling is routinely conducted as horizontal channels taken on the southern side of the trench along the floor, mostly as two-metre continuous composites. The entire length of a trench is sampled, and, in areas of potential interest, the sampling interval may be tailored to the interval of interest with sample intervals of one m or less if required (for example, YTR3 at 80 to 80.3 m). Trench walls are cleaned prior to channel sampling, preventing contamination from higher in the weathered profile. All trenches are sampled from west to east or from south to north and intervals reported herein are referenced from the western and southern end of trenches.
Except for trenches YTR6 and YTR7, all trenches were excavated in an east-west orientation to cut inferred dominant north-south-striking zones.
Samples, weighing typically between two and five kilograms, are bagged and labelled immediately after sampling and stored on site until transport to either Actlabs or MSALABS in Georgetown, Guyana, respecting industry-standard chain-of-custody procedures. At Actlabs, samples are dried and crushed to 80 per cent passing two millimetres and a 250-gram aliquot is riffle split and pulverized and analyzed by 50-gram fire assay. At MSALABS, a 1,000-gram aliquot is pulverized. Initial assay readings are by atomic absorption, with samples returning values greater than 3.0 g/t being reassayed with a gravimetric finish. The detection limit for both laboratories is five parts per billion. The company inserts a quality assurance/quality control sample every 10th sample, alternating between duplicates, blanks and standards. Bulk rejects and pulps are retained for three months for any required reassay, after which bulk rejects are discarded and pulps are retained.
Qualified person
The scientific and technical contents of this news release have been reviewed and approved by Dominic O'Sullivan, BSc, executive chairman of the company. Mr. O'Sullivan is an honours graduate of the University of Sydney and a member of the AusIMM (Australasian Institute of Mining and Metallurgy) and a qualified person, as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
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