Tajiri Resources Corp.

TSX VENTURE : TAJ


Tajiri Resources Corp.

November 13, 2012 12:30 ET

Tajiri Reports 2012 Exploration Results at OGK Copper-Samples up to 1.92 % Copper 2.99 g/t Gold

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.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2012) - Tajiri Resources Corp. (the "Company") (TSX VENTURE:TAJ) is pleased to provide a summary of results relating to the Summer 2012 exploration programs completed at the 100%-owned OGK Copper Gold Property, Omineca Mining Division, BC. Located approximately 200 km north of Prince George, BC the OGK Property is contiguous to the north of Teck's Lorraine Deposit and is accessible via the Kemess mine road.

In early August the Company contracted CMG Airborne, of Rockwood, Ontario, to complete a 505-line-kilometre airborne geophysical survey, consisting of the full spectrum VLF, Magnetics, and Radiometric analytical processes. Final and interpreted results have now been received by the Company that further confirm what was seen by management in the preliminary data. The final report summarizes in detail the four blocks targeted and outlines several new structural anomalies including, but not limited to the following:

"…the Osilinka Block reveals a major structural trend of low amplitude that appears to cross-cut the geological strike with a more southerly strike direction. This feature could be a late stage fault so discrete magnetic features adjacent to this structural feature would be of exploration interest as possible porphyry intrusions."

In early September, upon receipt of preliminary airborne data, a ground crew was mobilized to conduct follow-up work on areas of interest outlined in the survey results. During the 30-day program a total of 73 hard rock samples and 383 soil samples were collected, with particular focus on the 'Slide' Zone, due to similarities in geophysical profile to an area targeted immediately south-east by a Teck 2006 drill campaign. At the time, in search of additional areas of mineralization to compliment the 28 million tonnes presently inferred at Lorraine, Teck drilled two discovery holes the best being JTM-06-07 which returned 58 metres of 0.7% copper with anomalous gold values throughout from 261.7 metres to 317 metres. Reports obtained by the Company suggested, at that time, the results were interpreted as having intersected "the peripheries of a newly discovered porphyry system that is both local and complimentary to the Lorraine Deposit." Given the historical success in drilling just metres from the OGK Claim boundary, a major portion of the Company's ground work focused on this area, and was successful in confirming the presence of anomalous Copper and Gold in hard rock with ranges from trace up to a high of 1.92% Copper and 2.99 g/t Gold in hard rock sample number 11481.

The overall quality of results returned in 2012 from both the airborne and early-stage ground work further confirm the potential of the OGK Property, and given the large size and scope of the land package management is excited to continue to develop the asset. The structural information garnered by the geophysical work has given the Company the data needed to immediately mobilize a drill to the project during the 2013 field season, either as the sole operator or through a joint venture partner.

Paul D. Grey B.Sc, P.Geo has reviewed and approved the technical information in this release, and acted as a qualified person for the Company as defined by NI 43-101.

On Behalf of the Board,

Tajiri Resources Corp.

Graham Keevil, President, CEO

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

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Contact Information

  • Tajiri Resources Corp.
    Graham Keevil
    President, CEO
    604-642-0115 or Toll Free 866-345-0115
    604-642-0116 (FAX)
    info@tajiricorp.com