CNW Group
Tajiri Identifies high-grade, Shallow, Sub-horizontal, Gold Shoot, at least 200m Wide & Open in all Directions at K5NW, Reo Project, Burkina Faso
CNW Group
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In This Article:

VANCOUVER, BC, Aug. 21, 2024 /CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is pleased to announce results of the relogging of historic shallow scout drill holes and the release of previously un-reported drill intersections from the K5NW prospect, Reo Project, Burkina Faso (Figure 1). Relogging of historic drill holes utilizing multielement XRF data to discriminate lithologies, combined with visual logging has revealed a high-grade zone of shallow, folded, mostly sub-horizontal gold mineralization situated at the contact of a graphitic shale unit that is at least 200m wide and open in all directions (Figure 2). 

Tajiri Resources Corp. Logo (CNW Group/Tajiri Resources Corp.)
Tajiri Resources Corp. Logo (CNW Group/Tajiri Resources Corp.)

Better historic shallow intersections (never previously reported) include:

  • 4m @ 12.2g/t Au

  • 2m @ 8.0g/t Au

  • 3m @ 4.5g/t

  • 13m @ 3.0g/t

    • including 4m @ 8.2g/t Au

  • 24m @ 1.4g/t Au

    • including 8m @ 3.2 g/t Au

Presently true widths of mineralization are unknown, and a table of drill intercepts is given in the Appendix.

Features of the drilled mineralized zone are:

  • Gold mineralization, which has been intersected between 40 to 80 metres below surface, is associated with the contacts of a folded graphitic shale unit within coarser grained dacitic volcaniclastics and volcanogenic sediments (Figure 2);

  • Gold mineralization is folded in concert with the contacts of the graphitic shale;

  • Both upper and lower contacts of the graphitic shale appear to be mineralized, but the lower contact because of its greater depth is largely untested by drilling; [1]

  • In the area where drilling encountered better grades the disposition of the graphitic shale is largely sub-horizontal but becomes sub-vertical on its southern flank where MRRB0412 intersected 4m @ 12.2g/t Au was intersected on the "lower" contact of the graphitic shale unit.

  • Depth extensions of this 4m @ 12.2g/t Au intersection are untested by present drilling (Figure 3);

  • A fold nose, inferred to be located between the near vertically dipping graphitic shale fold limb in the south and the sub-horizontal limb in the north has not been intersected by drilling but presents a prime structural target (Figure 3);

  • The unidirectional drill orientation (all holes drilled north), makes for an inadequate test for folded mineralization which is expected to be of varied orientation and north of hole MRRB1625 is north dipping (Figure 3);

  • Width of the zone is at least 200m and it remains open to the north (Figure 3);

  • Up and down plunge extensions to mineralization remain completely open but artisanal workings and saprolite auger gold anomalism are suggestive that the zone may be of large size (Figures 4 & 5);

  • The mineralized zone lies at the south-west corner of large (450 x 260m) area of surface artisanal workings and is thus likely the shallow down plunge extension of what was mined at surface (Figure 4 & 5). Thus, the zone presents potentially favourable geometry for the definition of significant volumes of near-surface oxide gold mineralization;

  • The western edge of the artisanal workings where they are most intense appears to follow a folded magnetic contact (Figure 4 & 5) ;

  • Mineralization is not associated with significant quartz veining, but with the variable development of silicification and sericite, sulphide, epidote, chorite and carbonate alteration and an enrichment of up to ~ 1,000ppm zinc and 30ppm silver[2] ;

  • Six and four hundred metres distal to the high-grade zone, scout drilling also intersected broad lower grade mineralization (e.g. 24m @ 1.43g/t) at the contacts of graphitic sediments (Figures 4,5 & 8);

  • Of these wider lower grade intersections, one zone, the closest (~ 400m away), appears to be hosted by a graphitic sediment in a similar stratigraphic position to the high-grade zone and the other, 600m to the northeast appears to be hosted by a different graphitic unit: interpreted to be interflow sediments within andesites and andesitic volcaniclastics (Figure 8).

  • Given the occurrence of drilled gold mineralization associated with potentially two different graphitic units, located 400 & 600m there is clear potential for K4NW to be a deposit of considerable scale that to date has only seen very wide spaced drill testing.

  • The entire ~ 4km strike length of the K5 prospect is poorly tested by existing scout drilling (Figure 7) where drilling has been either on lines parallel to the NW gross strike of the prospect or on NS lines with interline spacing 300-1,000m and in places spacing between drill collars on lines of ~ 100m.

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