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.

Contacts:
Tarsis Resources Ltd.
Marc G. Blythe, P.Eng., MBA.
President and Chief Executive Officer
(604) 689-7644
Email: [email protected]

Mark T. Brown, C.A.
Chief Financial Officer
(604) 687-3520
Website: www.tarsis.ca

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
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...