TAJIRI Resources Corp., a Canadian mining company operating in Region 7 (Cuyuni/Mazaruni), last week announced the discovery of a significant new lode gold system found during drilling at its  Kaburi project. The 2013 Kaburi drilling programme, the company said, totalled 3,103 metres of reverse circulation (RC) drilling in 33 holes laid out in a 5-fence pattern, designed to target the interpreted northwest-southeast and east-west mineralization trends it had identified through 2012 geochemical sampling programmes.

Tajiri said the results of RC drilling, which had been completed during the Spring 2013 exploration, amounted to an impressive first pass drill effort. Among other results, the drilling encountered 22 metres of gold at 2.69 g/t (grammes per tonne), including 10 metres of 5.13 g/t gold.

The average gold grade for productive systems in open pit mining in the Guiana Shield region is known to be between 0.8 and 1.5 grammes per tonne of gold.

Mr. Graham Keevil, President and CEO of Tajiri, said last week that the results indicated the existence of a substantial amount of near-surface gold. “These results,” he said,
“represent the newest gold discovery within the West Omai Gold Camp, an area quickly becoming one of the most exciting gold exploration districts in recent memory.”

He disclosed that Tajiri was able to take the Kaburi Prospecting Licence (PL) from a grassroots Greenfield exploration asset as of July 2012 to a significant gold discovery in less than one calendar year, an activity he considered to be a testament of the company’s ability to efficiently deploy capital to projects of merit in order to add optimal value for its stakeholders.  

“Having now achieved this level of exploration success at such an early stage in the company’s existence,” he said, “the Board look forward to continued drill efforts at Kaburi, which are expected to yield a substantially high hit ratio, and in turn define additional zones of potentially mineable material.”