Tajiri Resources Corp. (TAJ:CA)

Tajiri Resources Corp. is a precious metals exploration Company focused on the acquisition and development of properties located in the mining friendly jurisdictions of Canada and Guyana, South America.

Tajiri holds a 100% working interest in the hard rock mining rights of the Kaburi Gold Property, Mazaruni Mining District, Guyana, South America. The Kaburi is centrally located, and occupies a substantial portion of Guyana's most prolific gold producing districts. This district, which hosts numerous deposits, as well as the Omai gold mine, Eagle Mountain and 9 Mile Issano, has collectively produced over 6 million ounces of gold since mining began 120 years ago. Work will commence at Kaburi immediately with a view towards having the project drill ready within the next 6 months.

Kaburi Property

Overview

In November 2011 Tajiri entered into an option agreement with Arrowhead Gold Corp. to acquire a 100% working interest in the hard rock mining rights of the Kaburi Gold Property, Omai Mining District, Guyana, South America. The Kaburi Gold Project is centrally located within and occupies a substantial portion of Guyana’s most prolific gold producing district. This district, which hosts numerous deposits as well as the Omai gold mine, Eagle Mountain and 9 Mile Issano, have collectively produced approximately 6 million ounces of gold since mining began 120 years ago all cover parts of the granite-greenstone terrains of the Guiana shield. The Guiana shield remains one of the least documented and unexplored Precambrian terrains in the world, yet has multiple world class deposits, including those insignificant to western interests such as Las Christinas in Venezuela, that presently host greater than 100 Moz.
It is generally considered that before the opening of the Atlantic the Guiana Shield was contiguous with the Leo Mann Shield of West Africa, and as such the geology of the Guiana shield presents many similarities to the better documented and explored Birrimian gold belts of West Africa.
Basement geology in the area of Kaburi is dominated by west-northwest trending greenstone belts covered by a thin (5 – 20m) veneer of transported unconsolidated sediments known as the White Sand Formation. The southern and central portions of the area are almost entirely covered by white sand resulting in greater potential for the district and the Kaburi Property which has to date been overlooked due to lack of modern exploration and geophysical techniques.
This has been demonstrated by ongoing exploration successes in the area and specifically in drilling completed in 2011 by Azimuth Resources Ltd. (an ASX listed exploration company) on two properties that are contiguous to and surround the Kaburi Property. Results from Azimuth’s drilling at their Smarts Project which are of particular interest as the claims are contiguous to the southern border of Kaburi and returned highly prospective results including SRC161 which intersected 38m of 6.2g/t Au and the 300 metre step out hole SRC232 which intersected 21m of 8.2 g/t Au (October 25th 2011 ASX:AZH). Upon completion and exchange acceptance of a NI43-101 report currently in progress, Tajiri Resources Corp plans to begin line cutting, soil and channel sampling in conjunction with geological mapping and prospecting all in preparation for an Induced Polarization Survey, “IP”.