VANCOUVER, BC, Feb. 13,
2025 /CNW/ - Tajiri Resources Corp. (the
"Company" or "Tajiri") (TSXV: TAJ) is pleased to announce that it
has filed an independent NI 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, B.A., B.Sc., PGO of Sears, Barry & Associates
Limited in connection with the Company's proposed acquisition of a
65% 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+ at www.sedarplus.ca.
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 multi-phased 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
(6.38-9.3g/t Au)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 January 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 & 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
Figure 1 reproduced from Figure 21 of the report
illustrates these relations.
CEO & 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."
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1 Page 97- (last paragraph) of the NI 43-101 Technical
Report on the Yono Property, Guyana, South America
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2 Page 2-
(Section 1.6) of the NI 43-101 Technical Report on the Yono
Property, Guyana, South America
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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.
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4 Page
52 (last paragraph) of the NI 43-101 Technical Report on the Yono
Property, Guyana, South America
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5 Page 8
(last paragraph) of the NI 43-101 Technical Report on the Yono
Property, Guyana, South America
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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 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.
On Behalf of the Board,
Tajiri Resources Corp.
Graham
Keevil,
President & CEO
About Tajiri
Tajiri Resources Corp. is a junior gold exploration and
development Company with exploration assets located in two of the
worlds least explored and highly prolific greenstone belts of
Burkina Faso, West Africa and Guyana, South
America. Lead by a team of industry professionals with a
combined 100 plus years' experience the Company continues to
generate shareholder value through exploration.
www.tajirigold.com
Forward-Looking Statements
This news release contains "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
statements") within the meaning of the applicable Canadian
securities legislation. All statements, other than statements of
historical fact, are forward- looking statements and are based on
expectations, estimates and projections as at the date of this news
release, including without limitation; anticipated results of
geophysical surveys or drilling programs, estimated timing,
geological interpretations and potential mineral recovery
processes. Any statement that involves discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always
using phrases such as "expects", or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans",
"budget", "scheduled", "forecasts", "estimates", "believes" or
"intends" or variations of such words and phrases or stating that
certain actions, events or results "may" or "could", "would",
"might" or "will" be taken to occur or be achieved) are not
statements of historical fact and may be forward-looking
statements.
Forward-looking statements contained herein are made as of
the date of this press release, and the Company disclaims, other
than as required by law, any obligation to update any
forward-looking statements whether as a result of new information,
results, future events, circumstances, or if management's estimates
or opinions should change, or otherwise. There can be no assurance
that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader is
cautioned not to place undue reliance on forward- looking
statements.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy and / or accuracy of this release.
SOURCE Tajiri Resources Corp.
