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Tajiri Completes Geophysics at OGK Copper, Gold Project, Begins Ground-Based Exploration, adds Nova Claims to Property
Tajiri Resources Corp. (the "Company") (TSX VENTURE:TAJ) is pleased to report that it has received preliminary results from its recently completed 2012 airborne geophysical survey on the OGK Copper Gold Property, Omineca Mining Division, British Columbia. In conjunction with the airborne survey a new claim group, termed the "Nova Block" has been added to the OGK Property proper, under the same terms as the original option agreement. The Nova Claim block is 8300 hectares in size and adjoins the original OGK Property to the northeast.
The OGK Property is located approximately 280 kilometers northwest of Prince George, British Columbia and is contiguous to the northern boundaries of the Lorraine Copper Project, where a joint venture between Vancouver based Teck Corp. and its Partner are continuing to develop a NI43-101 compliant inferred resource of 28 Mt at 0.45 % Cu and 0.20 g/t Au. The Company continues to evaluate the OGK Property and its potential for alkalic porphyry style Copper, Gold mineralization.
A Helicopter supported Airborne Geophysical Survey consisting of Magnetics, VLF/EM and Radiometric surveys conducted by Canadian Mining Geophysics Ltd. ("CMG") of Rockwood Ontario was completed in late August 2012 over the OGK Property. The airborne survey was completed in approximately three days, and totaled 505 line kilometres, of 100 metre spaced lines, flown in 4 separate blocks. The Company is awaiting a final compilation report from detailing the results however a review of preliminary data by Company management has outlined several areas of interest for immediate follow up.
To this end a Tajiri base camp has been established on the OGK Property and exploration is underway which will continue through the remainder of the field season. The focus of this helicopter supported exploration work is to follow up on the geophysical anomalies identified by August's airborne survey with targeted soil grids, ridge and spur soil sampling, and property wide stream geochemical sampling, combined with coincident geological mapping. The Company intends to utilize the data produced during its 2012 exploration work to prioritize drill targets for a planned 2013 diamond drilling program. Of highest priority for immediate investigation will be the continued assessment of the Slide Mountain area where diamond drilling by Teck in 2006, targeting geophysical anomalies similar to those produced by Tajiri's 2012 surveys, encountered extensive porphyry style alteration, and associated mineralization. The best of these drill holes, JTM-06-07, intersected 0.72% Copper with anomalous Gold values over 55 metres, and is interpreted by the Company, to represent the peripheries of a larger porphyry system that will form the focus of future exploration efforts on the Property.
Paul D. Gray, P.Geo. has reviewed and approved the technical information in this release.
About Tajiri Resources Corp.
Tajiri Resources Corp is a Canadian junior exploration company currently focused on the exploration and development of the Kaburi PL Gold project in the Mazaruni District of Guyana, South America and the OGK Copper Gold project in British Columbia, Canada. Exploration is ongoing on both projects with RC Drilling planned to begin at Kaburi in Q4 2012 and both airborne geophysical surveys completed and follow up ground work ongoing being completed at OGK, the Company is actively moving forward with its goals capitalizing discovery assets deemed to be of development caliber.
On Behalf of the Board,
Tajiri Resources Corp.
Graham Keevil, President, CEO
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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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tajiri Resources Corp.
604-642-0115 or Toll Free at 866-345-0115
Source: Tajiri Resources Corp.