Tarsis Resources Ltd.
TSX VENTURE : TCC

Tarsis Resources Ltd.

October 12, 2010 09:00 ET

Tarsis Announces White River Soil Assays and Additional Staking, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 12, 2010) - Tarsis Resources Ltd. (TSX VENTURE:TCC) ("Tarsis") is pleased to announce that it has received and compiled assays from soil geochemical sampling completed on its White River property. The White River property is located in Yukon, 11 kilometers north of the Alaska Highway and 390 kilometers west of the capital, Whitehorse.

As a result of the soil sampling program Tarsis has increased the size of the property from 48 claims to 168 claims (3,500 hectares) by staking an additional 120 claims. The soil sampling covers an area of approximately 4 kilometers by 2.5 kilometers at 100 meter sample spacings.

Soil Sampling Results

In total, 933 soil samples were collected, with gold values ranging from zero to 0.38 g/t (380 ppb), copper values from 10 ppm to 2,320 ppm (0.23%) and silver values from 0.1 g/t to 21.9 g/t. The soil assays appear to define at least three discrete, approximately east – west trending zones, ranging from 500 meters to 2 kilometers in length with widths of 200 to 400 meters. Elevated arsenic and antimony are also coincident with these anomalous zones.

Maps showing the soil sample geochemical assay results can be viewed at the Tarsis website (http://www.tarsis.ca/whiteriver.html). 

On the basis of the results received, management intends to increase the area of coverage of the soil sampling, as well as increasing the density of the samples by infill sampling. This work could be carried out in Spring 2011.

Staking

Management is encouraged by the strongly anomalous gold, copper and silver values received from the soil sampling program. An additional 120 mineral claims have been staked to cover possible extensions to the mineralization assayed by this program and new mineral showings located by prospecting.

Field mapping has been carried out and is currently being compiled. Additional prospecting has also been completed and assays are pending on samples collected.

Analytical work was carried out by ALS Chemex Laboratories in North Vancouver. All samples were analyzed for gold using aqua regia digestion, followed by inductively coupled plasma mass spectroscopy (Au-ST44) and 35 other elements by inductively coupled plasma atomic emission spectroscopy (ME-ICP41). Overlimit gold values were re-assayed using aqua regia digestion, followed by atomic absorbtion spectroscopy (Au-OG44).

The qualified person responsible for the technical disclosure in this press release is Marc G. Blythe, P.Eng. Mr. Blythe is the President and CEO of Tarsis Resources and he has reviewed the content of this release.

About Tarsis Resources

Tarsis is an exploration company following the prospect generator business model, with fourteen mineral properties in Yukon, Canada and one in Mexico. The Company acquires projects on attractive terms, adds value and then vends or options out projects to partners for advancement.

Tarsis Resources Ltd.

Marc G. Blythe, P.Eng., MBA., President and Chief Executive Officer

The TSX Venture Exchange does not Accept Responsibility for the Adequacy or Accuracy of this Release.

Contact Information

  • Tarsis Resources Ltd.
    Marc G. Blythe, P.Eng., MBA.
    President and Chief Executive Officer
    (604) 689-7644
    or
    Tarsis Resources Ltd.
    Mark T. Brown, C.A.
    Chief Financial Officer
    (604) 687-3520
    info@tarsis.ca
    www.tarsis.ca