Tarku Completes MAG-TDEM Survey and Identifies New Drill Targets on its Atlas and Apollo Projects, Quebec

MONTREAL, QC / ACCESSWIRE / June 1, 2021 / Tarku Resources Ltd (TSXV:TKU)(FRA:7TK)(OTCQB:TRKUF) (the "Company" or "Tarku") is pleased to provide an update on the geophysical survey results of its two wholly-owned Projects, Atlas and Apollo, in the Matagami area, Eeyou Istchee James Bay, Quebec. A 750 line-km geophysical High-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey was completed partly over the Apollo, and Atlas Projects. Additionally, Tarku's recent ground IP survey along the regional Rivière Waswanipi shear zone reaffirms the strong gold and base metal mineralization similarities with the geological context found at the Detour Lake Mine and the Kirkland Lake Mining Camp.

Julien Davy, President, and CEO of Tarku stated, "our recent geophysical surveys reinforce our understanding of the source of the gold and base metals and provides us with specific targets for a drill program. Both Apollo and Atlas projects are 100% owned by Tarku and follow two different geological environments with two different exploration models. Apollo, to the north, follows an Orogenic Gold model, similar to Kirkland Lake, here we are looking for the high Mag anomalies that we believe to be related to intrusions, and the Mag surveys illustrated this well. Atlas Project, to the south, seems to follow a Gold-rich VMS model similar to LaRonde Mine, where the geological environment of interest is related to the contact between the volcanic rock and the sedimentary rocks what the TDEM survey also illustrated well."

MAG and TDEM Survey Highlights:

• Well-defined geological environments promoting the formation of two different deposit models: Orogenic Gold on Apollo and Gold-rich VMS on Atlas (see Figures 1 & 2).
• Magnetic data shows historical gold values associated with porphyritic and alkaline rocks in historical drill holes are mostly located at the edge of magnetic highs and none of the drill holes directly intersected high magnetic anomalies (see figure 1).
• Survey identifies crosscutting NE-SW structures where the magnetic pattern abruptly disappears or is displaced within the Rivière Waswanipi shear zone, but also along the (see figure 1).
• A new interpretation of the survey data has generated many high-priority drill targets focusing on structural intersections, interpreted intrusions, and historic untested geophysical anomalies.

MAG - TDEM Survey Results