Friday 28 October 2011

Tarsis Resources completes 2011 exploration at White River, uncovers 4 new showings

Tarsis Resources (CVE:TCC) said late Tuesday that it has completed its 2011 exploration program at White River, Yukon, and has identified four new mineralized showings.
The company’s  focus this year has been expanding its grid soil geochemical coverage and geological understanding of the targets within the western part of the property, where significant gold-copper-silver discoveries have been reported from a number of showings and zones, the company said.
Additional work was also conducted within the eastern part of the property including ridge and spur soil sampling, plus subsequent follow up grid soil sampling.
Tarsis expects to receive additional assay data from soil and trench samples completed this year in November.
At White River West, grid soil sampling has now been conducted within an area roughly 4.5 by 2 kilometres wide.
Infill soil sampling at 50 by 50 metre spacing within a 1.5 by 1.5 kilometre block of the main soil sample grid has highlighted very specific moderate to strongly anomalous gold, arsenic and copper trends, the company said.
Prospecting following up on a number of soil geochemical anomalies in the area resulted in expanding the HG and Cool zones, plus the discovery of four new showings, Tarsis said, yielding significant gold-copper-silver values. These prospecting results have extended the known mineralization at the Cool and HG zones in excess of 500 and 300 metres, respectively, the company added.
Prospecting samples along the trends of the Cool and HG zones range from below detection to 8.98 grams per tonne of gold, while prospecting samples from the four new showings range from below detection to 3.11 g/t gold and 0.9 percent copper.
Trench sample results are still pending from the western part of the property.
Meanwhile, at the eastern part of White River, approximately 400 ridge and spur reconnaissance soil samples were collected during the first phase soil sampling program.  This work identified five sites anomalous for gold, and/or copper, and as a result, 27 mineral claims were subsequently added to the property to cover the anomalies. Around 800 grid soil samples were collected, for which results are pending, Tarsis said.
All field work for the 2011 field season has now been completed, and numerous assay results are awaited for rock, trench and soil samples.
“We are very pleased with the progress that has been made at White River this season and the way key zones have been confirmed and extended," said president and CEO Marc Blythe.
"The property now features compelling drill targets which can be tested early in the 2012 season.  We also managed to source most of our labour from communities close to the project which is especially pleasing.”
Tarsis is working to find an optionee partner to undertake the next levels of exploration at White River, the company said in its statement.

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