Tana Resources Corp. (CSE: TANA) has mobilised a geological team to carry out the recommended Phase 1 Exploration Programme at its 1,500 hectare King – Double T project located approximately 20 km north of the former Snip Gold Mine in northwest BC’s Golden Triangle.
Tana is earning a 70% interest in the Double T claim block and a 50% interest in the King claim block by making a series of cash payments, share issuances and meeting a series of work commitments.
Highlights of King – Double T Property:
Historic exploration has identified a number of mineralized areas including:
- King Vein – a flat lying quartz vein yielding grab sample highlights of 1,725 g/t gold;
- 1988 drilling returned values ranging from 9.19 to 103.59 g/t gold (0.294 to 3.315 oz/t) over widths ranging from 0.43 to 0.50 metres; (true width unknown)
- North Zone – a stratiform lead-zinc-silver zone returning highlight grab samples of 6.4% lead, 31.3% zinc and 890 g/t silver;
- 1987 drilling returned values ranging from 0.01 to 7.3 g/t gold and 2.0 to 219 g/t silver all over widths of one metre; (true width unknown)
“We are very pleased to announce the commencement of exploration at King – Double T,” commented Tana CEO, Vic Korajian. “The historic gold and silver grades demand follow up, especially in light of the recent work by Enduro Resources Corporation within one kilometre of our property. We are very excited to see what the Tana technical team can uncover as they attempt to trace these zones along strike.”
The King – Double T property lies in an underexplored, prospective area of the Golden Triangle north of the former Snip Mine, where recent, gold, polymetallic and porphyry copper prospects have been discovered. The receding ice has opened large sections of the King – Double T property that were inaccessible to the earlier explorers in the late 1980’s, including a number of unexplained magnetic anomalies.
The King Vein and North Zone appear to spatially relate to the suspected southern projection of the regional McLymont Fault, as supported by a series of historic airborne magnetic surveys. Recent exploration by Enduro Resources Corporation appears to further support the extension of the Fault southwest across their property to within 1000 metres of the Tana property boundary.
Tana’s Golden Triangle experienced team plans to delineate the extent of the known gold and polymetallic skarn style mineralisation and its relationship to the McLymont Fault, evaluate the recently deglaciated magnetic anomalies in the northern part of the Property and assess the significance of historic polymetallic soil and rock geochemical anomalies in other areas of the Property.
For further information please visit: https://tanaresources.ca/
