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Video – Avalon Advanced Materials $AVL is Creating Ontario’s First Regional Lithium Battery Materials Refinery in Thunder Bay $SMY $NB $APY

Posted by AGORACOM at 5:03 PM on Thursday, April 14th, 2022

 Did you know that there is a growing demand for formerly-obscure elements in new technologies such as clean energy, aerospace, energy efficiency, modern electronics and medical applications.

Avalon is the gateway for shareholder access to these metals as advances in technology increase demand

Avalon owns a diverse critical metals and minerals property portfolio and is poised to fill this emerging high tech demand through the exposure to rare earth elements, lithium, tin, indium, cesium and tantalum. Obscure yes, but no less valuable than the other metals that are driving the demand for new advances in technologies such as Nickel, Cobalt and Copper.

Avalon has been developing critical mineral properties since the mid 1990’s, when President & CEO, Don Bubar, first acquired the Separation Rapids Lithium Project for its industrial mineral potential for glass-ceramics. The project in northwestern Ontario hosts the world’s largest, undeveloped known resource of the rare lithium mineral petalite. Avalon is currently re-evaluating the potential to serve the glass-ceramics market and has also investigated the possibility of producing a high purity lithium chemical for the rapidly expanding market in lithium ion batteries.

The global glass industry is valued at over $100 billion, and continues to grow through innovation of new glass products, many of which take advantage of the unique properties of lithium for strengthening glass. In addition to the burgeoning battery industry expansion, the glass industry still represents 25-30% of global demand for lithium

… but wait there is more…

Avalon has made a stunning announcement recently to establish Ontario’s first regional Lithium Battery Materials Refinery in Thunder Bay, and they are not doing it alone. Supported by the Essar Group,  a company with assets under management of over 8.2 BILLION, they plan on refining not only their own critical metals, but those of other companies as well. This is true leadership in the metals arena and a decision that will reward Avalon shareholder for years to come as they develop a supply chain for lithium in Ontario.

Sit down and take a moment to listen to this fantastic interview with Don Bubar, President and CEO of Avalon Advanced Materials Inc. as he walks investors through the plans to establish a regional lithium battery materials supply chain to serve the needs of future electric vehicle and battery manufacturers in Ontario and elsewhere.

Meet the 4 SmallCap Nickel Companies Poised to Succeed in Today’s Rapidly Evolving Market $ $ $ $

Posted by AGORACOM at 3:41 PM on Wednesday, March 9th, 2022

The nickel market is a US$20+ billion per year industry and future nickel demand depends on battery demand and Electric Vehicle market penetration. Today’s market is dominated by stainless steel and nickel is a key base metal for building sustainable societies due to its use in stainless steel and new battery technology. Its multiple physical and chemical properties make it essential in thousands of products from mobile phones to medical equipment and wind turbines.

Nickel is also a critical component in new battery technology used in electric vehicles, and most nickel in the global supply chain is not actually suited for battery production. Battery demand requires high grade nickel products to produce nickel sulphate.

Nickel supply comes from two different types of deposits:

Class I (Nickel Sulphides): Higher grade, but rarer deposits that make up 37.5% of current production.

Class II (Nickel Laterites): Low grade, bulk-tonnage deposits that make up 62.4% of current production.

With the LME recently halting trading due to a short squeeze event, the Nickel market has been put on notice with prices for the valued metal increasing in many multiples. Future supply needs to be found, and with the LMW currently closed, some would say it needs to be found today.

Here are 4 great smallcap companies addressing this present and future need

Pampa Metals ( PM : CSE )

Pampa Metals objective is to make a major copper discovery in Chile.  They have a portfolio of 8 projects in northern Chile combined with an experienced management team and a healthy corporate treasury that positions Pampa to make a significant discovery.

Pampa is Targeting Porphyry Copper Deposits and these types range in the billions of tons provide massive quantities of coper and economies of scale when in production. Not only that, Pampa Projects in clear line of sight to prospective porphyry copper systems, and this is why they are positioned for discovery. They have a superior portfolio of projects

Power Nickel (PNPN: TSX-V) (CMETF: OTCQB )

Power Nickel is focused on high-potential battery metal prospects in Canada. The company recently completed the acquisition of its option to acquire up to 80% of the Nisk Project (Nickel, Copper, PGE) from Critical Elements Lithium Corp. as it transforms into a battery metals provider for the emerging EV Industry.

The NISK property comprises a large land position (20 kilometres of strike length) with numerous high-grade intercepts. Power Nickel is focused on confirming what is known to be there, while also expanding the ( non 43-101 ) high-grade nickel-copper PGE mineralization historical resource. This will be accomplished through the drill program by preparing a new Mineral Resource, substantially aided by the first assay results that returned 19.9 Metres of 0.7% Ni, 0.61% Cu, 0.04% Co, 0.81gPd, 0.39g Pt and add potential to ” have a commercial high-grade Nickel Sulphate deposit”

Tartisan Nickel Corp. (CSE: TN) (OTCQX: TTSRF)

An early adopter of the Electric Vehicle revolution, Tartisan was one of the first companies to target Nickel and electric battery metals to accommodate anticipated future demand.

Tartisan Nickel Corp. owns the Kenbridge Class 1 Nickel Project in northwestern Ontario with an updated Mineral Resource Estimate of 117m lbs Ni, 66m lbs Cu. Additionally, there are several untested exploration targets on the property, such as the Kenbridge North target that holds similar geophysical characteristics to the Kenbridge Deposit.

St-Georges Eco-Mining Corp. (CSE:SX)(OTC:SXOOF)

St Georges controls the Julie Nickel Project where in 2021, 4,198 meters were drilled on Julie, the bulk of which consisted of holes positioned to conduct a borehole geophysical review of the project and identify targets for the second phase of exploration drilling. Results from this effort will be communicated by press release as they become available. The continuation of phase 1 of the drilling effort is planned for spring 2022, which will follow the upcoming revision of the proposed drilling efforts. This revision is based on results received to date and is currently being compiled by the Company’s geologists.

Julie is located within the mining-friendly province of Quebec, Canada. Nickel-copper-cobalt with
​​​​​​​Grades range from 0.001% to 2.16% Ni, 0.01% to 0.33% Cu

VIDEO: Candente Copper $ Announces New Deposit of 2.2Billion Pounds of Copper and 1.2Million Ounces Gold

Posted by AGORACOM at 12:21 PM on Thursday, February 3rd, 2022

TSX listed Candente Copper owns Canariaco Norte, a large, economic copper deposit in Peru that continues to advance technically and economically toward a sale or production decision. A 2022 Preliminary Economic Assessment (“PEA”) is nearing completion that will advance it further toward development

Now it has a sister deposit, Canariaco Sur located 2km away that could help advance developments much quicker.

Canariaco Sur contains 2.2 billion pounds of copper and 1.2 million ounces of gold in an inferred resource calculated with only 15 holes, demonstrating a considerable amount of metal.
Sur contains higher levels of gold and molybdenum than Cañariaco Norte, minimal arsenic levels and mineralization that starts at surface. Cañariaco Sur has the potential to add significant value to the resources at Cañariaco Norte, 2km to the northeast.

Cañariaco Norte is a 100% owned pre-feasibility-stage porphyry copper deposit containing 7.5B pounds Measured and Indicated and can be mined for 22 years once in production. Oh, and Canariaco Norte is in the lowest quartile of production costs for projects waiting to be developed at around 0.98c per pound of copper. If that doesn’t have your attention, the third party validation will, look at these partners supporting Candente in 4 research papers comparing various global copper projects in the last 4 years as it now moves 2 deposits toward development:

RFC Ambrian: Cañariaco Norte in top 10 of 23 projects with potential to involve third party M&A (December 2021)
Haywood: Cañariaco Norte is one of 18 assets selected as likely to be considered by majors looking to acquire (December 2021)
Deutsche Bank: Cañariaco Norte identified as one of 3 projects required to meet the upcoming copper supply-demand gap (February 2021)
Goldman Sachs: Cañariaco Norte identified with incentive copper price in the lowest quartile of the top 84 copper projects worldwide (October 2018)

Canariaco Norte is a deposit itching to become a mine and Candente continues to advance the project forward with studies evaluating various methodologies to reduce CAPEX with multiple scenarios that support developing Canariaco closer to a production scenario.

With the price of copper firmly above $4 dollars, the economics supporting Canariaco going into production only gets stronger, and now Canariaco has a sister deposit helping to expedite matters.
Watch this great interview with Candente CEO Joanne Freeze as walks through Canariaco Sur and the exciting new developments aiding the development of 2 exciting copper porphyry deposits.

Mountain ValleyMD $MVMD $MVMDF Enters LOI To Develop Products for the Medical Sleep Market Strictly Using Cannabinoids $CTLT $MRNA $NVA $RWB

Posted by AGORACOM at 4:55 PM on Thursday, September 30th, 2021
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MVMD Takes Existing Vaccines and Drugs – And Delivers Them Better. Both Into The Body and By Transportation To The World. Way Better.

For the purposes of introducing you to Mountain Valley MD (MVMD), we’ll use vaccines as an example given the state of the world since COVID-19 arrived. Specifically, we’ve all heard more about vaccines in 12 months than we have in the last 12 years. One thing we all know about vaccines is that vaccination is the safest way to protect people against infectious diseases.


One thing we don’t know or understand about vaccinations is that they are only as good as:

1. The global physical delivery system that actually gets them from the manufacturer to the hands of nurse who injects the vaccine;

2. The delivery system into your body (i.e. injection)

If either parts of these delivery systems are weak, or even fail, a vaccine loses some or even all of its potency – and that’s not good. This is where MVMD comes in. They don’t make the vaccines, drugs or pharmaceuticals.

What they do is make their delivery better. Their physical delivery until their ultimate delivery into your body – and that is very good. By doing so, they help save lives and they help manufacturers be more profitable – and that is very good for humanity and shareholders.

A “magic bullet” is of little use without a “magic gun” – Mountain Valley MD Is The Magic Gun.

Check out these Trials & Research MVMD is accomplishing with their Vaccine technology to improve our lives:

* Expanding Oncology Work for BreastCancer using Quicksol™ technology applications

* Farm Animal Trials Using Solubilized Ivermectin

* Discovering Immediate Demand for Generic Ivermectin Uses

The latest news Involves utilizing their vaccine technology to address & develop products for the Medical Sleep Market in the U.S. strictly using cannibinoids.

Sit back and enjoy the great interview with President & CEO Dennis Hancock as he explains the developing relationship with Red White & Bloom to create products for the US sleep market.

VIDEO: Royal Helium’s (RHC TSX:V RHCCF: OTC) Massive Discovery in Saskatchewan Could Be In Production By Year End

Posted by AGORACOM at 4:48 PM on Tuesday, September 21st, 2021

Helium is a high tech gas, with many uses in multiple high tech applications:

MRI Magnets, Fibre Optic Cables for High Speed Internet, Airbags, Hard Drives, Chips in our Electronics, Cleaning Rocket Fuel Tanks.

The list is varied and demand is inelastic. They don’t function without Helium and world is in short supply, but Royal Helium is quickly proving that they may be the solution.

They have made a discovery, a big one; and in in just one well, and may have already proven up 500 billion cubic feet of inert gas. One Well. One Zone. Over a Million acres of prospective Helium still to be explored.

Royal Helium aimed to deliver a minimum of 1 trillion cubic feet (Tcf) of total inert gas into the market, and this discovery clearly demonstrates they are on their way. With economic concentrations ranging from 0.33% to 0.94%, Royal has a real possibility of commencing production by the end of the year.

Royal discovered a 40m zone in Climax 3 and tested, cored and recovered the rock to test porosity to see how the gas flows. Expecting to find something similar in Climax 4, they actually found something bigger, much bigger. A zone 120m thick. About the size of twelve story building, containing elevated concentrations of Helium suitable for production. A normal producing area is considered high within a 5 meter range. Royal has a discovery multiples of the global average and they are still very early in their exploration process.

Sit back and enjoy this #SmallCap discovery as Andrew Davidson, CEO & Chairman of Royal Helium RHC: TSXV explains how Royal is putting Saskatchewan on the map with some of the highest historical helium showings while simultaneously developing Climax Nazare without delay or compromise.

XPhyto Therapeutics Partner $ $XPHYF Receives ISO Certification for 25-Minute COVID-19 RT-PCR Test $ $ $ $ $

Posted by AGORACOM at 10:10 AM on Wednesday, March 10th, 2021
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  • Launching of Covid-ID Lab, A Rapid, Accurate & Robust COVID-19 Test System
  • Licensing & Distribution Partnerships Coming

XPhyto Therapeutics Corp. (CSE:XPHY / OTCQB:XPHYF / FSE:4XT) (“XPhyto” or the “Company”), and its exclusive German diagnostics development partner, 3a-diagnostics GmbH (“3a”), are pleased to announce successful EN ISO 13485 certification for the rapid point-of-care, SARS-CoV-2 RT-PCR Test System (“Covid-ID Lab”). This standardization and quality assurance certification provides authorization for distribution of Covid-ID Lab upon receipt of CE mark (CE-IVD) approval. The Company expects CE-IVD approval as an in vitro diagnostic product in March 2021.

EN ISO 13485 is the internationally recognized European standard for quality control and management systems in the design and manufacture of medical devices. It is accepted as the basis for CE certification of medical devices under relevant European directives and regulations.

“We are pleased to remain on schedule with the launch of Covid-ID Lab and will continue to move forward as efficiently as ever,” said Hugh Rogers, CEO and director of XPhyto. “At the same time, our experienced launch team is working hard to bring Covid-ID Lab to market and to establish German and international licensing and distribution partnerships.”

Covid-ID Lab was designed to be a rapid, accurate and robust COVID-19 test system with reduced operating costs and increased convenience and portability. As previously announced on February 24, 2021, the company placed its first production order from 3a for 9,600 individual tests. Delivery of this first order is expected by mid-March 2021 and is primarily intended to provide potential German and international distributors and licensees and their respective government regulators with test samples for review and evaluation. Initial commercial manufacturing is planned for Germany, with additional capacity in other jurisdictions expected to follow. The sales launch in Europe is targeted for April 2021. XPhyto is currently in discussions with potential distribution and wholesale partners in Europe and the Middle East.

XPhyto and 3a are also developing a portfolio of oral biosensor screening tests for detection of bacterial and viral infectious diseases, including influenza A, group A strep, stomatitis, periimplantitis, and periodontitis. Additional pandemic-focused biosensors are in development, specifically for H1N1 (swine flu), and H5N1 (avian flu). The Company is planning the commercial launch of its first biosensor product in the second half of 2021.

Read More:

Tajiri Resources $ Hits High Grade 2m @ 62.4 g/t Au at Epeius, Guyana, South America $ $ $ $

Posted by AGORACOM at 10:03 AM on Wednesday, March 10th, 2021
  • High-Grade Intersection of 2m @ 62.4 g/t

Tajiri Resources Corp. (the “Company“) (TSXV: TAJ) is pleased to announce excellent results from continuing trench sampling at the Epeius Project Guyana, South America where trenching is investigating the on-strike potential of ASX listed Troy Resource’s Limited’s Goldstar Prospect located on the southern boundary of the Project (Figure 1). 

The high-grade intersection of 2m @ 62.4 g/t Au was discovered after extending Trench 001 which as previously announced (Jan 07, 2021) had intersected 1m @ 16.2 g/t Au in its last metre.  The 2m @ 62.4 g/t is located 10m across strike from the 1m @ 16.2 g/t and between 4 & 6 metres from the eastern end of Trench 001.   Thus over an 11m interval the Company has delineated 3m of high-grade gold mineralization averaging 47 g/t Au.   The trench is almost orthogonal to the strike of mineralization and thus reported widths are ~ 90% of true.

The two high grade intersections are located on a sub-parallel structure to and approximately 1,000m north of Goldstar (Figure 2).  The 2m @ 62.4 g/t Au is situated on a major contact, which can be traced for over 15km, between mafic volcanic rocks and fine grained, variably graphitic, turbiditic sediments.   This mineralization is completely open down dip and along strike to the northwest and strike extensions are currently being trenched.  Immediately to the southwest the contact has been tested by 4 trenches over a strike length of 400m and has been demonstrated to host persistent but low-grade gold mineralization- peak value 2m @ 0.9 g/t.  Furthermore at between 4 and 8 kilometres southeast within the Company’s wholly owned Kaburi project the same contact is associated with significant drill intersections (e.g. 22m @ 2.7g/t Au) and soil geochemical anomalism of between 100- 3,450ppb Au.      

Significantly, the high-grade intersection reported today is associated with a pronounced mapped strike flexure in the sediment-volcanic contact from N-S to NW (Figure 2) related to a NW striking, 5-20m wide zone of shearing mapped in trenches proximal to the contact in this area.  In addition, the observed dip of the contact steepens from 60˚ to 85˚ over a distance of 30m between TR001 & TR004A and the contact exhibits a minor flexure which juxtaposes the shear zone and sediment-volcanic contact in Trench 001.  As such the proximity of the contact to a substantial shear zone and the change in “architecture” of the contact into what appears to be the preferred strike orientation of gold deposits in the district (e.g. Smarts, Hicks) can be viewed as favorable for extending this high grade zone.    

Read More: http://Tajiri Hits High Grade 2m @ 62.4 g/t Au at Epeius, Guyana, South America

Tajiri Resources $ Updates K4-K5 Prospect, Reo Project, Burkina Faso $ $ $ $

Posted by AGORACOM at 3:00 PM on Tuesday, January 26th, 2021
  • Commenced an infill auger drilling program at K4-K5 to tighten the historic auger sampling pattern
  • Grid decreased to 200 x 50m in order to better constrain individual gold zones

Tajiri Resources Corp. (the “Company”) (TSXV: TAJ) is pleased to provide an update to the ongoing exploration work at the Company’s 100% owned Reo Gold Property, Burkina Faso, West Africa.

After completing initial drilling of the Morley prospect where numerous hits were reported including hole MRTC0022’s 11 metres of  8.6 g/t Au including 3 metres at 30.9 g/t Au from 20 metres; the Company began power auger drilling and trenching at the K4-K5 Prospect, where historic wide spaced drill lines returned significant mineralised intersections including: 18m @ 2.5g/t;  44m @ 1.5g/t, 12m @ 5.0g/t, 4m @ 16.2g/t;  36m @ 1.3g/t, 16m @ 2.7g/t, 20m @ 1.7g/t 18m @ 2.5g/t,  20m @ 1.7g/t, 18m @ 1.6g/t 12m @ 4.1g/t.  RC: 13m @ 2.2g/t, 6m @ 2.7g/t, 16m @ 2.0g/t, 10m @ 3.5g/t; 3m @ 11.5g/t, 2m @ 16.8g/t, over an area of 3 x 4km from within a larger area of gold in saprolite anomalism of approximately 9 x 4 km (see Figure 1).

Due to the massive scale of the prospect and previous wide spaced sampling programmes Tajiri commenced an infill auger drilling program at K4-K5 to tighten the historic auger sampling pattern from a 400 x 100m grid to a 200 x 50m grid in order to better constrain individual gold zones within the broad gold in saprolite anomaly and to also investigate individual larger areas of artisanal workings on 100 x 25m to 25 x 25m grid spacings on an east west grid. Because artisanal workings have largely not been sampled or drilled to date and because they potentially overly areas of significant gold mineralisation it was considered important to sample these areas and determine orientation of mineralisation prior to commencing more expensive RC / diamond drilling programs. 

Read More:

Tajiri $ Samples In-Situ, High Grade Gold during trenching and Auger Drilling Geochemistry Due Diligence Programs on Epeius Project, Guyana $ $ $ $

Posted by AGORACOM-JC at 10:54 AM on Friday, December 18th, 2020
  • Peak Value of 4.0g/t Au in Auger
  • Within Broad 240m Wide Zone of Bedrock Gold Anomalism
    New Discovery with  Potential Strike Length of 1,800m

VANCOUVER, BC , Dec. 18, 2020 – Tajiri Resources Corp. (the “Company”) (TSXV: TAJ) is excited to announce preliminary, yet outstanding results from a small, single line twelve hole, 25m spaced auger programme sampling the top 2 metres of saprolite at the Epeius Project. The program, tested the extrapolated strike extensions of known gold mineralisation currently undergoing resource definition drilling by Troy Resources Limited (ASX:TRY or ‘Troy’) at their Goldstar Prospect where initial drill and trench results reported to date demonstrate the potential for several sub parallel zones with highlights that include :  RC drilling: 6m @ 10.0g/t from 66m ; 17m @ 2.2g/t from 3m ; 16m @ 1.0 g/t from 31m , 16m @ 1.7g/t from 59m Trenches horizontal at surface : 13m @ 3.3g/t; 8m @ 3.0g/t, 7m @ 2.9g/t; 10m @ 1.0g/t; & 11m @ 1.5g/t.

The auger results reported today indicate potential for a significant zone of gold mineralisation, within a small portion of the Epeius Project, over a potential 1,800 metres of strike length (see Figure 2 ).  The zone of potential extends 1,150 metres from the Project’s southern boundary which is contiguous with the Goldstar Prospect, through the auger holes and onward for  650m to the Project’s northern boundary,where weaker but persistent soil gold anomalism has been encountered by Troy.

The zone of gold anomalism outlined by the auger holes is ~230m wide @ >40ppb and includes the following higher gold in saprolite values of: 4,034 (4.03g/t), 702, 251, 276 & 113 ppb Au.  Auger Holes were drilled at depths between 4 to 7 metres and the last two metres where saprock textures were visible was sampled and assayed by 1kg, 24 hour cyanide leach with an accelerant. The values are therefore in-situ bedrock values and the width of the zone of gold anomalism which topographically lies at the uppermost of a ridge that has not been substantially effected by mechanical lateral dispersion – more typical of gold in soil anomalies.

Mineralisation in this part of the Epeius Project is hosted by early Proterozoic greenstones of the Barama Mazaruni Supergroup and is associated with a NNW trending zone of regional shearing (the Gem Creek Corridor), which extends for at least 20km strike and which for most its known strike approximately follows the contact of a geochemically distinct basalt which displays high magnesium and chrome contents.  This basalt has been identified by Troy as the same unit which hosts the Smarts and Hicks deposits (15.5Mt @ 2.3g/t of NI43-101 compliant M+I+I resources reported pre-mining 9 th September 2014 ) nine kilometres to the south.

Significantly, of the 1,150 metres of strike potential between the Company’s line of auger holes and Troy’s resource drilling the projected mineralisation is completely covered by alluvium for 600m of strike and partially covered for 400m of strike.  As such the company’s auger holes were located in the first area on strike from Troy’s Goldstar Prospect where a transect of the full width of the mineralised trend projecting from Goldstar could be tested. Furthermore, all creeks in near vicinity of the auger holes have been worked repeatedly and extensively by artisanal miners and the area where the potential mineralisation is completely covered for 550m of strike, immediately adjacent to Goldstar, is the upstream starting point for a prodigious area of artisanal alluvial mining varying between 200 and 800 metres width and extending downstream along the flats of the West Kaburi and Kaburi Rivers for 15,000 metres.   As such the scale of alluvial workings suggest that the Goldstar Prospect and its indicated strike extensions through the Epeius Project is a bedrock gold source of considerable, but yet to be determined size.

When received, the Company considered the auger results worthy of immediate follow-up and consequently an excavator commenced trenching at Epeius, December 3 rd 2020, along the line of auger holes and south over a strike of  ~400m along strike, across projected areas of mineralisation where not covered by alluvium.  To date approximately 600 linear metres has been excavated in seven trenches to a depth of ~ 4m to in situ saprolite exhibiting bedrock and mappable textures.

First assay results from the trench programme are expected within two weeks but examination of the trenches confirms several potentially mineralised zones similar to gold mineralisation described by Troy resources at Goldstar.  These include possible gold mineralisation at the contacts between the high MgO basalt with small felsic intrusive bodies of (2- 15m width) and with small dolerite bodies of (4- 12m width) within the High MgO basalt.  Potential gold mineralisation appears as both stock works and shallow dipping vein sets within the felsic intrusive bodies and dolerites and as highly oxidised, iron oxide rich “black coated” often boudinage quartz veins within highly strained MgO basalt.   In particular, the peak 4.0g/t value from auger drilling corresponds with a 4- 12m wide dolerite which exhibits a well-developed stockwork of 1-30cm wide quartz-carbonate veins and the next highest value of 0.7g/t was located within a fine grained felsic intrusive of approximately 8m width which exhibited well developed NW striking, flat to 20 dipping quartz veins and minor stockwork veining and veinlets. (see plates 1, 2 & 3)


The Epeius Project, comprised of 9,300 hectares of tenements granted for gold and precious metals is contiguous with the Company’s wholly owned Kaburi Project of 2,600 Ha.  The combined projects are located in Guyana South America , 165km southwest of the country’s capital Georgetown and between 3.5 and 25 kilometres from the 1 Mtpa Karouni Mine Mill of Troy resources.  35 km to the ESE lies the Omai gold mine which produced 3.7Moz @ 1.3g/t. Results subject of today’s announcement are located 9 km north of the Karouni Mine Mill.

The Acquisition of the Epeius Project by execution of a binding LOI was announced 24 th June, 2020 and is pending share approval at the Company’s next AGM scheduled for 2 nd February, 2020. Sampling reported today has been undertaken as part of the company’s Due diligence on the Epeius Project.

The Chairman’s Comments

Executive Chairman, Dominic O’Sullivan observed:  “Having worked extensively in and around the Kaburi and Epeius Projects over the past 14 years and having led the team which in part discovered and defined the two principal deposits of the Karouni Mine,  I can say the results reported today present one of the better zones of saprolite gold anomalism in the district comparable to those that were returned by early saprolite auger drilling at the Smarts Deposit.

We took a big jump along strike from recently discovered mineralisation at Troy’s Goldstar Prospect and results have come up quite nicely for us right where the potential strike extensions of the Goldstar Prospect were projected to be.  It doesn’t cost much to hand drill and assay 12 auger holes but Bang there you go a potential 1.2km mineralised zone demonstrated for a few thousand US dollars.

The trenching program in progress should also prove a low-cost way to further our understanding of mineralisation prior to drilling, of which a substantial portion will be through shallow alluvial cover.

We of course await the assay results of our trenches before we can say with confidence we have a truly significant gold mineralised zone, but I take early encouragement not only from the auger results but from a recent announcement by Troy that they are undertaking a 15 x 10 metre resource definition drilling program at Goldstar over a 500m strike from our boundary southwards ( 7 th December, 2020) and have already commenced construction of a haul road between Goldstar and the Karouni Mill.”

Qualified Person

The Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects for this news release is Dominic O’Sullivan a geologist, member of the AusIMM, Executive Chairman of Tajiri  and who has reviewed and approved its contents.

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.

Tajiri Drills 11m @ 8.6g/t Au including 3m @ 30.9g/t Au in Maiden Drill Program at the Morley Prospect, Reo Gold Project, Burkina Faso $ $ $ $ $

Posted by AGORACOM at 11:05 AM on Tuesday, December 8th, 2020

VANCOUVER, BC, Dec 8, 2020 /CNW/ – Tajiri Resources Corp. (the “Company”) (TSXV: TAJ) is delighted to report initial results from first pass RC drilling at the Morley Prospect situated within the Company’s 1,162km2 Reo Gold Project, located at the confluence of the prolific Hounde, Boromo and Goren Greenstone Belts, Burkina Faso (Figure 1). The shallow, 23 hole program intercepted consistent gold mineralization including:

Results of all drill holes are given in the Table at the end of this document and shown in Figure 2.

The results reported today are the product of a drill program designed as a first test of Tajiri’s new model for the orientation of mineralisation at Morley.  These results, when combined with historic drill intersections, largely confirm the new model and opens new and hitherto sparsely to completely unexplored strike and dip directions to expand Morley.  Historic results include:

1All historic intercepts are from drilling at a variety of azimuths and dips to mineralisation and individual intersections may not be representative of true widths and may vary ~ 20 to 80% from true width. New results are interpreted as being within 80-90% of true widths. 


  • Tajiri’s maiden drill program, importantly, confirms a new orientation model for gold mineralisation at Morley which is situated in a belt scale deformed granite and lies within 800m of the northern and 1,000m of the western granite-greenstone contact (Figure 1). 
  • Exploration at Morley is still at an early stage- historically it has returned high grades from drill holes over widths that make it a high priority target but a coherent model of the orientations and structural controls of mineralisation was never previously established.
  • Our drilling shows the main mineralised zone at Morley has a WNW strike and dips -50˚ northeast.  Strike is subparallel to a set of crosscutting shear zones which occur over a width of about 2km at Morley and are axial to a major 40˚ flexure in the strike of the granite-greenstone belt from ENE to NNE (Figure 6).
  • Most Importantly confirmation of the new model opens-up on strike and down dip potential into very sparsely explored or totally unexplored areas both immediately and further along strike (Figures 4,5 & 6).
  • A very favourable target is now in play:  only 1,000m WNW along strike, the “Morley structure” cross cuts the ENE trending sheared granite-greenstone contact of the Morley host granite. Empirically, granite-greenstone contacts are a favoured location for high grade gold deposits in Burkina such as M1 South, Siou and Yaramoko (Figure 6). 
  • This target area is under alluvial cover and has never been sampled and represents a first order opportunity for Tajiri.  
  • At Morley mineralisation presents as high-grade narrower veins within broader halos of low-grade sericite + carbonate +/- pyrite shearing.  It is expected that veins may have an orientation oblique to shearing and there may be at least two sets (Figure 3).  
  • While drilling has broadly confirmed the strike and dip of the model it requires further work on the details to explain grade and thickness variations within the mineralised zones.  This is likely the influence of a second structural direction on vein set orientation within the shear zones and/or the presence of intersections with other structures of different orientations.
  • Several lines of evidence point to the second structural control being either NNE or ENE with a likely 50˚-60˚ north dip.  Strike of the second structural control is therefore subparallel to the major belt scale shear zones in the area.
  • Balance of evidence suggests the high-grade intersections returned in KRAC128 (8m @ 54.2g/t) and MTRC 022 (3m @ 30.9g/t), which we drilled as a scissor hole, are from a NNE striking vein which dips 50˚ to 60˚ to the west or it is the intersection of ENE and NNE vein sets with ~50˚ degree dips to the west.  ENE strike projections of this vein have been adequately tested by historic drilling but not NNE directions as most N-S oriented RC drillholes are subparallel to this direction.  Significantly this vein in RC chips appears to have a different character to those of other vein zones drilled during the program appearing to be more of a laminated style.  
  • Historic close spaced (50m x 50m) auger drilling to sample top of saprolite in the immediate vicinity of the Prospect confirmed WNW, as well as NNE and ENE trends as anomalous and the close spaced auger anomaly remains open in all of those directions (Figure 4)
  • Historic scout drilling oriented on NW-SE lines, intersected thin or low-grade mineralisation on ENE and possibly NNE trends (Figure 4).
  • There is a good potential for Morley to be a stacked lode system with gross strike controlled by ENE or NNE bounding shears and main lodes in crosscutting WNW strike and NE dip orientations.   This possibility remains poorly tested but could lead to Morley becoming a substantial stand-alone deposit (Figure 5).
  • Prospect has excellent opportunities to host high grade intersection shoots, but suspected plunge directions and best intersection structures still need to be determined.  
  • Demonstrating that WNW structures are mineralised has important implications for exploration elsewhere within the Reo Project as historic sampling patterns are orthogonal to the NE trending main belt structures and thus poorly oriented to test potentially WNW mineralised structures
  • Given the above potential two structural controls, drilling has been paused temporarily to gather more structural data to optimise drill directions.  To this end the company will embark on a focussed deep trenching program to gather structural data and vein orientation data before re-commencing drilling at the prospect scale.   Trenching will commence early Q1 2021 after a contracted excavator finishes work at the K4-K5 Prospect, 20km to the south. 
  • Close space power auger drilling is being planned to step out along potential strike directions in the immediate vicinity of Morley prior to further work
  • RAB/ Aircore rig options being investigated to test granite greenstone contact target WNW of Morley.

Chairman’s Comment

Executive Chairman, Dominic O’Sullivan remarked:

“I am simply thrilled that with the Company’s first modest expenditure in Burkina of about USD200,000, we have not only returned some great results but have also established several fairways along which Morley might grow from a modest sized prospect into a potentially much larger one.

We are developing our understanding of the deposit, starting from a rather higgledy piggledy set of drilling with holes and grades going in all directions, into a geologically cogent framework that demonstrates potential for a lot more at Morley.   It fits our philosophy – find a poorly understood or overlooked discovery, in a Tier one address and do the hard yakka, looking at all the data from every angle, then follow-up with smart prudent focused exploration.

I’m particularly enthused about the on-strike potential generated by confirming that WNW oriented structures at Morley host gold mineralisation, especially just west of Morley, where the “Morley Structure,” smashes an 800m sinistral displacement into a sheared granite-greenstone contact which itself has a dextral reverse sense of movement.   This creates a WNW trending granite-greenstone contact, hugged by the Morley structure for about 800m of strike.  That spells a lot of dilation on favourable structures and lithological contrasts. What’s not to like about that?  As it’s under cover, never seen before, I feel it’s a bit like a little Chrissy prezzie for us-  still under the tree, all wrapped up and we can’t wait to open it.”

Details of the Morley Drill Program

Results reported today are Tajiri’s first steps in our exploration at Morley and as a necessary first precedent to further work it has focused on defining the orientation of mineralisation.   Historically, the orientation of mineralisation has been poorly constrained, and several equivocal interpretations could fit historic data due to the following:

  • Drilling was conducted blind because of a thin veneer (3-10m thick) of cover overlying the Prospect;
  • Morley is hosted by a single relatively undifferentiated granite lithology and a lack of other lithologies meant models could only be constructed by grade interpolation;
  • Morley lies in a zone of considerable structural complexity, near the focus of a change in the gross strike of the granite-greenstone belt of 40˚ from ENE to NNE, and major and lessor shears of both orientations together with numerous WNW, NNW, EW and minor N-S orientations transect the area (see Figure 6);
  • all structures or their intersections could be potential fairways for mineralisation and all structural orientations can be associated with some form of gold anomalism, though the ENE- NNE orientations appear to dominate the distribution of gold anomalism on a regional scale;
  • drilling to date has been suboptimal to test all possible mineralised orientations and drilling has mostly been oriented either:
    • North-south and predominantly drilled to the south or
    • On NW-SE oriented scout drill lines of 200-400m spacing with alternate lines drilled to either the SE or NW.

In our new model, gold mineralisation which occurs as sheeted high grade quartz veins, within low grade sericite + carbonate +/- pyrite altered shear zones hosted by a syntectonic belt scale granitoid is comprised of several 1-20m thick, NW-WNW striking lodes which dip between 40˚and 55˚ to the NE.  The best historically drilled lode, “the Main Lode” where current drilling has focused, has a known strike length of about 300m.    

Results announced today are highly supportive of our new model and intersections mostly occur where the model predicted.  Drill results returned to date demonstrate good apparent down-dip coherence with our model and continuity of between 100m and 150m (100m vertically below surface- base of current drilled depth).  Zones remain open down dip.  On the other-hand strike direction has only been broadly confirmed but it is beginning to resolve into a WNW rather than NW strike.  Further work is required because:

  1. Access to drill the central part of the main lode was restricted as it is the site of a small forest (Figure 2) and permission was not granted by the local community to drill within its confines. Investigation of mineralisation in this area will require deeper drilling, later, as it is beyond the capability of the contracted RC rig. 
  2. Mineralisation is abruptly interrupted on the section line comprised of holes MTRC007, 008, 18 and 009.   Hole MTRC009 intersected a vein zone grading 2m @ 4.8g/t within 19m @ 1.3g/t from 59m and on-strike from mineralisation intersected in hole MTRC006 to the south (2m @ 4.6g/t from 55m; within 8m @ 1.3g/t from 51m) but only weak anomalism was intersected up dip by MTRC0018 and MTRC008. Based on a feature visible in ground magnetics, it is possible that a post mineralisation fault striking NNW, displaces the Main lode with an with apparent dextral throw of 50m.  This interpretation fits with a WNW strike.
  3. As this was a first pass program and the exact strike of mineralisation was unknown at the time of planning- being modelled as between WNW to NW, several holes appear to have collared in the footwall of the Main lode and did not intersect the expected Main lode near surface.  These holes are MTRC003, 7, 10, 13 and 19 and the lack of mineralisation in those holes up dip from mineralisation strongly suggest that strike is closer to WNW than to NW (Figure 2).

Variation in the grades and thickness intersected also suggest that there is a second structural orientation that influences the mineralisation at Morley.   This second structural control may be an upshot of vein sets having an orientation which is oblique to the orientation of the host shear zone, a common feature of this style of mineralisation but we also believe, based on the overall architecture of all data, that mineralisation is developed preferentially within the WNW structures at their intersection with either ENE or NNE structures that are also evident in ground magnetic images.  Evidence for a second significant structural control is:

  1. At the known north end of Morley main lode, it thickens and high-grade vein densities increase (Figure 3) where it is inferred to be intersected by an ENE trending shear zone of weaker mineralisation that was drilled over 400m of strike going west and which returned a peak value of 14m @ 1.1g/ (Figure 4).
  2. All three structural orientations align with the overall shape of a gold in saprolite geochemical anomaly that overlies the Prospect (Figure 4), suggesting all three alignments may be mineralised.  With lobes and high values extending along WNW, ENE and NNE orientations.  This data was derived from a Newmont 2008, 50m x 50m auger program down to 10 m depth that covered an area of 1,000 x 850m and was conducted after air-core scout drilling had located the prospect.
  3. All three structural orientations align with anomalous gold values returned by regional reconnaissance saprolite sampling auger data which was conducted on lines spaced 400-800m apart and samples collected every 100m (Figure 6).
  4. Several fine scale structures visible in ground magnetics especially 1VD, 2VD and tilt filtered images coincide with all three orientations and higher grades in drilling can be tentatively associated with the intersection of the WNW striking lodes with both ENE and NNE trending structures.

The above brings the possibility of repeats of WNW oriented mineralisation along ENE or NNE directions in effect forming a large-stacked lode system.  The orientation of Historic scout drilling outside of the main area of drilling at Morley has poorly tested this concept with scout drill lines oriented subparallel to the WNW strike of mineralisation and lines alternating between down dip and across dip directions.  Better oriented north south holes are confined to the norther margins of the prospect.  Potential is illustrated in Figure 5  

Next steps at Morley

Given the evidence for a second structural control on mineralisation, we have temporarily paused our drill program to undertake deep trenching and pitting to gather structural data and map dominant vein orientations within the shear zones.  Once this is done drill direction/s which is currently on NE-SW lines drilling to SW can be optimised to intersect vein sets within the shear zones to give representative grades and investigate potentially higher-grade plunging intersection shoots. 

It is expected that trenching will commence early Q1 2021 after a contract excavator completes its work at K4-K5.

Close spaced auger power auger drilling is being planned  to extend the Morley footprint in favourable directions.

Finally, options to contract a RAB/Aircore rig to drill the covered granite greenstone contact in the area where the “Morley Structure” intersects it, are being investigated.

Other Exploration

In Burkina

We have commenced trenching at K4-K5 to investigate areas where cover is thinner – in artisanal workings or where drilling shows mineralisation close to surface.   Purpose of the program is to collect structural and lithological data and examine mineralisation near surface as previous drilling has been wide spaced and we are not sure if dominant trends are NNE or NE striking.  This 2,000m program is expected to be completed by very early next year after which RC drilling will be commenced.

We are also in the advanced stages of planning closer spaced deep auger drilling at K4-K5 to define drill targets within the larger area of K4-K5 outside planned drill areas. The geochemical anomaly at K4-K5 is huge and extends over 7 x 6 km.   Part of that program will cover extensions of drilling by Arrow Minerals (ASX:AMD) announced early this year which shows the eastern contact of the regional granite which hosts Morley is prospective.   This program is expected to commence shortly.

In Guyana 

We have recently completed a small auger program at Epeius to investigate the strike extensions of good results produced by Troy Resources (ASX:TRY) just across the projects southern boundary.  Troy’s results include drill intersections of 10m @ 6g/t Au, 17m @2.2g/t Au and trench intersections of 13m @ 2.3g/t Au, 8m @ 2.3g/t Au & 11m @ 1.47g/t Au.  An announcement will be made shortly and a follow-up trench program is already underway with 600m linear metres excavated to date.   

On Behalf of the Board,
Tajiri Resources Corp.

Graham Keevil,
President & CEO

About Tajiri