Tajiri Enters Option Agreement to Acquire Three Gold Projects in Guyana

Tajiri Resources (TSXV:TAJ) has announced that it has entered into an option agreement with the Pereira Group to acquire three gold projects in Guyana.
As quoted in the press release:

• Frenchman’s Creek Mine 109 km², Winter’s Mine 32 km² & Kanaimapu 23 km²
• Due diligence sampling by the Company at Frenchman’s Creek returned 1,270 g/t & 859 g/t Au from two separate artisanal bedrock workings
• All Projects are associated with prolific alluvial workings indicating potential for significant primary gold source areas
• All Projects contain historic bedrock artisanal workings which provide near drill ready targets
• Good access to all Projects, which are situated within several kilometres of the paved Georgetown – Brazil Road.
• Low entry cost with no exploration commitment and total payments in first 3 years of USD$130,000 and issue of 1.5 million shares.

Over the past several months Tajiri has been assessing projects and negotiating with Guyanese land holders to acquire projects and expand the Company’s portfolio of gold tenements in Guyana. Following a strategy to acquire tenements which cover persistent structures, associated with gold mineralisation, over regional scale strike lengths, which include previously undrilled artisinal bedrock workings.
Management is pleased to present the first of these acquisitions being the Frenchman’s Creek, Winters Mine and Kanaimapu Projects. The three projects are all situated close to the main road connecting Guyana’s capital Georgetown to Brazil and the projects are located between 150km and 260km south of Georgetown.

Click here to read the full press release.