Welcome!

News Feed Item

Tarsis Cuts 3.00 m of 11.10 g/t Gold and 31.6 g/t Silver at Yago, Mexico

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/05/14 -- Tarsis Resources Ltd. (TSX VENTURE: TCC) ("Tarsis" and "the Company") is pleased to announce that it has carried out further exploration at its Yago project, including sawn channel sampling of outcrop, mapping and rock and soil sampling. The Yago project features gold and silver mineralization within a low-sulphidation epithermal environment.

Sawn Channel Sampling

Sawn channel sampling was carried out within the northeastern part of the La Tejona trend at a target area referred to as the Caliente Zone (previously known as Creek Zone). Detailed mapping re-interpreted the Caliente Zone as an east-northeast striking zone of intense silicification accompanied by multiple generations of crustiform and coliform banded quartz veining in addition to polyphase brecciation. Dominant planar fabrics defining the zone dip moderately to the northwest while a strongly pervasive northerly trending fracture set cuts across the zone and this contains minor crustiform banded quartz veins, veinlets and dry fractures.

Sampling at the Caliente Zone consisted of 8.9 m of exposure within an interpreted 12 m total true thickness. The average grade of the 8.9 m of sawn channel sampling is 4.12 g/t gold and 32.8 g/t silver. Approximately 3.0 m of the zone is covered by slough and vegetation within a narrow localized drainage and this portion of the zone was not sampled.

Channel locations were chosen to optimize cuts perpendicular to the main banding orientation. Thirteen cuts were located at differing elevations along a 60 m section of the zone. Cuts across individual bands and sections of silicification within the zone were projected to a central section and cumulatively interpreted to represent a continuous sample series across the Caliente Zone with the exception of the 3.0 m gap near the hangingwall contact.

Assay results include 3.00 m grading 11.10 g/t gold and 31.6 g/t silver, which in turn includes 1.35 m grading 22.34 g/t gold and 36.5 g/t silver. Detailed assays from the sawn channel sampling are shown in the table below:


----------------------------------------------------
Sample             Width (m)    Au (g/t)    Ag (g/t)
----------------------------------------------------
Q346212                 0.65        1.05        12.9
----------------------------------------------------
Q346213                 0.65        1.52       123.0
----------------------------------------------------
Q346214                 0.95        0.97        59.9
----------------------------------------------------
UNSAMPLED               3.00           -           -
----------------------------------------------------
Q346204                 0.55        4.92        18.4
----------------------------------------------------
Q346205                 0.60        0.29         8.3
----------------------------------------------------
Q346206                 0.85       17.60        26.7
----------------------------------------------------
Q346207                 0.50       30.40        53.2
----------------------------------------------------
Q346208                 0.50        0.53        61.0
----------------------------------------------------
Q346210                 0.85        0.03         1.3
----------------------------------------------------
Q346211                 0.85         bdl         0.9
----------------------------------------------------
Q346222                 0.65        0.23         9.5
----------------------------------------------------
Q346223                 0.65        0.30        29.5
----------------------------------------------------
Q346224                 0.65        0.64        37.9
----------------------------------------------------

--  Widths are interpreted to be true width
--  bdl - below detection limit

The sample series and results listed in the table are consecutive from the hangingwall contact down through the footwall contact where exposure has permitted access for sawing.

Clearing of vegetation roughly 70 m northeast along the trend of the Caliente Zone revealed abundant vein and silicified breccia material scattered along the surface. Ten samples collected within a 20 m by 20 m area at the northeast end of the trend returned gold values ranging from 0.21 g/t to 6.1 g/t and silver values ranging from 46 g/t to 1,460 g/t. Seven of the ten samples yielded gold values greater 1.00 g/t Au and 150 g/t Ag and the average grade of all ten samples collected was 2.46 g/t Au and 475 g/t Ag.

One excavator trench was located between the new float discovery and the northeastern end of the Caliente Zone outcrop. The trench exposed tan and red weathering andesite within the interpreted hangingwall part of the zone and large angular quartz rubble where the top or hangingwall contact of the zone projected along strike. Bedrock exposure of the vein zone was not possible due to the capabilities of the equipment. Four samples of crustiform and coliform banded quartz plus silicification and breccia were collected from the base of the trench where this material was concentrated along a 3 m section. Gold and silver grades ranged from 0.33 g/t to 2.63 g/t and 55.8 g/t to 537 g/t, respectively.

Tarsis believes the mineralization within the Caliente Zone at this particular location within the 1,600 m long La Tejona Trend is relatively high level but very near the top of the fertile part of the epithermal system. This target is considered a high priority given the thickness of the alteration zone and the tenor of the mineralization at surface.

Photos of the sawn channel samples are available on the Tarsis website (http://www.tarsis.ca/index.php/projects/mexico/yago-mexico#2014-sampling).

Mapping and Sampling

Preliminary mapping and sampling has been carried out along the La Tejona trend, over approximately 1,600 m, primarily focusing on historically documented outcrops with no recorded history of sampling.

Deep pit soil sampling has been conducted at the south-western end of the La Tejona trend in an area referred to as the Florencio Zone.

Additional prospecting was also carried out over select parts of the La Tejona trend and other nearby areas of interest. Results from the mapping and sampling will be provided in a later release.

The company is evaluating the results of this work and planning additional exploration.

The Yago project covers approximately 22,000 hectares, located in Nayarit State, Mexico. The property is accessed by paved road via Federal Highway 15, which crosses the project. The state capital Tepic is located approximately 50 kilometers south of the project.

Sawn samples were approximately 4 cm in width, resulting in relatively large samples per interval, which the Company believes improves the reliability of the sampling. Samples were delivered to ALS Minerals at Guadalajara for sample preparation and all analyses were completed in North Vancouver. Gold values were determined using 30 gram fire assay and other elements were analysed using 51 element ICPMS techniques.

The technical information contained in this press release was prepared by Mr. Marc G. Blythe, P.Eng., the President and CEO of Tarsis Resources Ltd. Mr. Blythe is a Qualified Person as defined by NI 43-101.

About Tarsis Resources

Tarsis is an exploration company following the prospect generator business model. The Company acquires prospective exploration projects by acquisition or through its own grass roots generative exploration, adds value and then vends or options out projects to partners for advancement.

On behalf of the Board,

Marc G. Blythe, P.Eng., MBA.

President and Chief Executive Officer

This news release was prepared by Company management, which takes full responsibility for content. 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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
In his session at 18th Cloud Expo, Andrew Cole, Director of Solutions Engineering at Peak 10, will discuss how the newest technology advances are reducing the cost and complexity of traditional business continuity and disaster recovery solutions. Attendees will: Learn why having a full disaster recovery strategy is more important now than ever before Explore the key drivers of a successful disaster recovery solution Achieve measurable operational and business value from a disaster recovery ...
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...