Tarku Acquires New Prospective land with Gold, and Base Metals Potential in the Abitibi Region - Seite 2

Tarku's compilation reveals little exploration work on the property, primarily due to glacial coverage. Recent exploration efforts by neighboring companies, such as Nuvau Minerals Corp, Midland Exploration, and O3 Mining, underscore the strong gold potential of the Calypso project and its location. Tarku plans to commence exploration activities on the Calypso project in 2024.

The Barmat Project

Tarku's Barmat project, also fully owned by the company, is located in the southern part of the Abitibi Greenstone Belt, within NTS Sheets 32C05, only 7km northeast of the Barraute municipality and 40km north of Val-d'Or, Quebec (figure1). Encompassing 12 claims totaling 514 hectares, the project is adjacent and along the Abcourt-Barvue Silver-Zinc deposit. The Abcourt-Barvue Silver-Zinc deposit updated its MI feasibility study in 2019, revealing proven and probable reserves of 8.07 million tonnes with a grade of 51.79 g/t of silver and 2.83% zinc for a 13-year life mine open-pit and underground operations (Source: Sedar).

Qualified persons

Julien Davy, P.Geo., M.Sc, MBA, President and Chief Executive Officer of Tarku Resources Ltd., is Tarku's "Qualified Person" under National Instrument 43-101 on standards of disclosure for mineral projects, has reviewed and approved the scientific and technical information in this press release for accuracy and compliance with NI 43-101.

Location of Tarku's project in the Abitibi region

Foto: Accesswire

Figure 1: Location of Tarku's project in the Abitibi region

About Tarku

Tarku Resources Ltd. (TSXV:TKU)(FRA:7TK)(OTCBQ:TRKUF) is a mining exploration company dedicated to advancing new discoveries through the application of modern techniques in promising mining jurisdictions, including Quebec and Arizona.

In Arizona, Tarku holds 100% ownership of the 29 km2 Silver Strike project situated within the renowned Tombstone District. Management interprets Silver Strike to have the potential for Carbonate Replacement Deposits (CRD) similar to those of the Hermosa project, located 80 km west in Santa Cruz County, Arizona. South32 acquired the Hermosa project for USD 1.8 billion in 2018.

In Quebec, Tarku possesses 100% ownership of over 19,700 hectares of prospective claims, including the 'Three A's' projects (Apollo, Admiral, and Atlas) along the Sunday Lake Regional Fault, east of Matagami. Management interprets this area as the eastern extension of the Detour Belt, which has witnessed recent exploration successes by companies like Kenorland Minerals, Midland Exploration, Wallbridge Mining Company, and Probe Metals. Additionally, the company owns the MAX Lithium project, located 4 km southwest of Sayona Mining's North American Lithium mine.