VANCOUVER, BC, Oct. 4, 2022
/CNW/ - Tajiri Resources Corp. ("Tajiri" or the "Company") (TSXV:
TAJ) is pleased to announce that it has been granted renewed tenure
over the K4-K5 Prospect permit, a key part of the Company's 100%
owned Reo Gold Project in Burkina
Faso, West Africa.
On September 26, 2022, the
Government of Burkina Faso, after
processing requisite documents to allow the grant of the new Dassa
Sud Ouest Permit, issued the Company an invitation to pay the
permit issuance fee. The fee was duly paid by the Company within
the requisite 10-day period. Following the payment of the fee the
issuance of the Permit's arreté and related paperwork is now an
administrative process, and the Company is free to conduct
exploration and prospecting operations within the area of the Dassa
Sud Ouest Permit. Tajiri expects the arreté and related paperwork
to be issued in due course.
The new Permit is effectively a re-issue of the Company's Dassa
Sud Permit of approximately 22.73 km2 which had expired
May 4, 2021, the new Permit has a
full term of 3 years and is renewable for a further two 3-year
periods.
The Dassa Sud Ouest Permit covers a substantive portion of the
K4-K5 prospect where historic RAB, RC and diamond drilling returned
numerous significant intersections such as:
44m @ 1.5g/t; 12m @ 4.1g/t; 12m @
5.0g/t; 32m@ 1.6g/t; 4m @
16.2g/t; 4m @
8.5g/t; 36m @
1.3g/t; 3m @
16.8g/t; 20m @
1.7g/t; & 8m @
4.7g/t.
In addition, between November 2020
and May 2021 the Company conducted ~
18,650m of auger drilling at the
K4-K5 prospect but has not released these results to market while
tenure was being renewed. Results of the aforementioned auger
drilling shall be released to market over the next several days and
the Company looks forwarded to recommencing substantive exploration
at the K4-K5 prospect in the near future.
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 prospective 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.
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.
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.
SOURCE Tajiri Resources Corp.