The Conversation (0)
Aug. 16, 2012 10:48AM PST
Tarsis Resources Ltd. (TSXV:TCC) received from project optionee Driven Capital Corp. partial results from diamond drilling at its White River property in south-western Yukon, indicating the presence of a large and vigorous hydrothermal system.
Tarsis Resources Ltd. (TSXV:TCC) received, from project optionee Driven Capital Corp., partial results from diamond drilling at its White River property in south-western Yukon, indicating the presence of a large and vigorous hydrothermal system.
As quoted in the press release:
All drill holes encountered multiple, well-developed shear zones from 1 to 40 meters in drill thickness and mineralized by combinations of quartz-feldspar veining, pyrite-arsenopyrite-chalcopyrite veining and breccia, carbonate ± sulphide veining and breccia, limonitic fracture networks and gossans, present in complex, multiple cross-cutting relationships. These shear zones are believed to be steeply dipping with an en-echelon geometry showing good continuity along strike from hole to hole. Vein density increases dramatically where these high angle shear zones intersect brittle cherty metasediments, providing potentially large volume host units with low angle geometries.
The presence of a high density of complex, multi-episodic veining, well-developed structural preparation and the abundance of blind mineralized zones in drilling indicate the presence of a large and vigorous hydrothermal system.
Tarsis President and CEO Marc G. Blythe said:
While the initial assay results from diamond drilling at White River are disappointing, our optionee is encouraged by the geologic environment and intends to continue exploring the property.
Click here to read the Tarsis Resources (TSXV:TCC) press release