Tajiri Resources Trench Results at Epeius Gold Project i, Guyana
Tajiri Resources Corp has reported first results, 3 of 7 trenches, received from a trenching program conducted late last year as part of the Company's due diligence
Tajiri Resources Corp has reported first results, 3 of 7 trenches, received from a trenching program conducted late last year as part of the Company's due diligence work relating to the acquisition of the Epeius Gold Project Guyana in South America. The program was designed to test potential strike extensions of the Goldstar Prospect, a recent discovery made by ASX listed, Guyana gold producer, Troy Resources Limited that is located at and contiguous with the southern boundary of the Epeius Project. Most importantly these results represent an extension to the mineralisation found at Goldstar and are a major step forward in the development of economic gold resources located just 1km from the haul road being constructed to connect the area and extend the life of Troy's Karouni Mine and Mill facility.
Bookended by today's trench results and drilling completed by Troy at Goldstar that includes RC results such as: 4m @ 24.52g/t from 14m; 6m @ 10.0g/t from 66m; 3m @ 6.03g/t from 76m; 17m @ 2.2g/t from 3m; 16m @ 1.7g/t from 59m; 27m @ 1.2g/t from 9m, the strike potential wholly contained within the Epeius Project now appears to be in excess of 1,000 metres.
Seven trenches were excavated between late November and late December 2020 by Tajiri for a total of 898m. The trenches have tested a strike length of ~450m of a total 1,000m of inferred on-strike potential from the Goldstar Prospect. Trenches were located to follow-up anomalous gold discovered by a small saprolite auger program announced 17 December 2020, which located a broad (~200m wide) zone of gold anomalism in saprolite (peak 4.0g/t Au) located 1,050m NNW of the Goldstar Prospect.
All trenches were excavated to approximately 4m depth to where for the most part textures and structures in saprolite could be mapped. Trenches were sampled as two metre, horizontal composites of continuous channel samples, taken from the southern wall of each trench and ~30cm above the floor of the trench. Results were subject to conventional 50g fire assay for gold only at Actlabs Guyana.