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tarsis resources ltd (TARSF) Details

Tarsis Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. It explores for gold, copper, silver, zinc, and lead metal deposits. The company owns interests in 13 properties in the Yukon, Canada; and 1 property in Mexico. Its principal properties include the Prospector Mountain project that consists of 271 mineral claims covering 5,660 hectares located to the northwest of Carmacks, Yukon; the White River property, which comprises 308 claims covering approximately 6,400 hectares located to the northwest of Whitehorse, Yukon; and the Erika property that consists of 2 contiguous claims covering approximately 16,000 hectares located in Guerrero State, Mexico. The company is based in Vancouver, Canada.

tarsis resources ltd (TARSF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$131.3K
Chief Financial Officer and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

tarsis resources ltd (TARSF) Key Developments

Tarsis Resources Mulls Acquisitions

Tarsis Resources Ltd. (TSXV:TCC) is seeking acquisitions. Tarsis Resources completed the raising of CAD 0.45 million and will use funds partly for acquisitions. Marc Blythe, President and Chief Executive Officer of Tarsis Resources said, "While we are keen to limit dilution, there are a few projects that we are also keen to acquire and the additional funds will assist with that."

Tarsis Resources Ltd. Seeks Acquisitions

Tarsis Resources Ltd. (TSXV:TCC) is looking for acquisitions. Tarsis Resources Ltd. (TSXV:TCC) announced a private placement of 5,000,000 units at a price of CAD 0.05 per unit and intends to use the proceeds for optioning out its projects, acquiring new prospective projects coming available due to the downturn in the equity markets for junior explorers and considering strategic mergers or acquisitions to expand its operations.

Tarsis Provides Update on Continuing Exploration at Yago Gold-Silver Project, Mexico

Tarsis Resources Ltd. provided an update on its continued exploration at the Yago project located in Mexico. The Yago project features gold and silver mineralization within a low-sulphidation epithermal environment. The project hosts three significant centers of mineralization within a 15 by 15 km area. Tarsis follows the prospect generator business model and is carrying out this exploration to upgrade the project as part of its efforts to attract an option partner. Preliminary mapping and sampling has been carried out along the La Tejona Trend, over approximately 1,600 m, primarily focusing on historically documented outcrops with little to no recorded sample data. In general, most textures observed are indicative of a high-level environment which is interpreted to represent excellent preservation of the epithermal system. In the central and southern portions of the La Tejona Trend, the main structural zones are marked by a series of parallel high-level opalescent silica boulder trains with lesser crustiform banded silica and hematitic breccias. The best exposures occur within the higher elevation portions of the ridge system defining the structural trend. Two main silica trains are apparent ranging from tens of cm thick to roughly 10 m thickness. They are approximately 100 m apart and have been traced along strike intermittently for 550 m. Narrower veins, less than a meter in thickness, occur between the two main zones and on either side. In general, the narrower veins between the larger opalescent silica trains, exhibit more gold-bearing favorable textures. Deep pit soil sampling at the south-western end of the La Tejona Trend in an area referred to as the Florencio Zone identified highly elevated gold values, ranging from 96 ppb to 499 ppb (0.499 g/t gold) and averaging 289 ppb from seven contiguous pits. The pits were excavated at roughly 10 m spacing across a 160 m section interpreted to coincide with the buried southern extension of the central gold-bearing La Tejona structural zone.


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