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Be the first with the news that moves the market- Tana Resources Corp. (TANA) has mobilized a geological team to carry out the Phase 1 Exploration Program at its 15 sq. km. King – Double T project
- King Vein – a flat lying quartz vein yielding grab sample highlights of 1,725 g/t gold
- North Zone – a stratiform lead-zinc-silver zone returning highlight grab samples of 6.4 per cent lead, 31.3 per cent zinc and 890 g/t silver
- The property lies in an underexplored, prospective area 20 kilometers north of the former Snip Gold Mine in northwest BC’s Golden Triangle, where recent gold, polymetallic and porphyry copper prospects had been discovered
- Tana Resources was trading steady at $0.10 a share as of 10:20 am ET
Tana Resources (TANA) has mobilized a geological team to carry out the Phase 1 Exploration Program at its King – Double T project.
King – Double T property highlights:
- 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 per cent lead, 31.3 per cent 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)
Tana is earning a 70 per cent interest in the Double T claim block and a 50 per cent interest in the King claim block by making a series of cash payments, share issuances and meeting a series of work commitments.
Tana’s CEO, Vic Korajian, stated that the historic gold and silver grades demand follow up, especially considering the recent work by Enduro Resources Corporation within 1 kilometre of the property.
“We are very excited to see what the Tana technical team can uncover as they attempt to trace these zones along strike.”
The property lies in an underexplored, prospective area 20 kilometres north of the former Snip Gold Mine in northwest BC’s Golden Triangle, where recent gold, polymetallic and porphyry copper prospects had been discovered.
Tana Resources Corp. (TANA) is a Canadian mining exploration company focused on the acquisition and development of high-value mining projects. Its activities include the acquisition and exploration of mineral resource properties with an emphasis on the Double T Property located in the Liard Mining District, British Columbia.
Tana Resources was trading steady at $0.10 a share as of 10:20 am ET.
