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Targa Exploration Provides Update and Observations From Drilling at El Zanjon Gold-Silver Project, Santa Cruz, Argentina
VANCOUVER, BC, May 19, 2026 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) ("Targa" or the "Company") today announced updates and
About this update from Targa Exploration Corp.
[{"type":"text","content":" VANCOUVER, BC, May 19, 2026 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) (\"Targa\" or the \"Company\") today announced updates and observations from the fully funded, 2,250m diamond drilling program underway at Targa's El Zanjon gold-silver project in Santa Cruz, Argentina (the \"Project\"). Highlights Drill hole EZD0001 complete and hole EZD0002 underway in a proposed 11-hole, 2,250m program; Coarse visible gold and possibly electrum seen in drill core Larger drill rig with expanded and more experienced crew now on site to accelerate drill programThree additional drill fences (7 holes in total) planned in the same 7km-long area, \"NE AOI\", targeting separate structures which exhibit similar geochemical and geophysical signatures to those seen at EZD0001 and EZD0002. \"After successfully working through challenging unconsolidated overburden in the first week, we were given our first look at El Zanjon bedrock, which included the observations of visible gold and what looks like electrum in drill core,\" commented Targa CEO, Cameron Tymstra. \"While assay results will ultimately determine the significance of these observations, these are exciting early indications of the potential that El Zanjon could host a significant gold-silver low sulphidation epithermal vein network underlying the recent cover, indicated by our geophysical data. We believe these early indications are validating our exploration techniques and targeting methods at a very early stage in our drill program. Multiple sections of core, from 0.45m to 1.1m in width and consisting of up to 70% veinlets, show classic characteristics of the low-sulphidation epithermal systems in this district such as chalcedonic quartz, adularia, and colloform banding. The most exciting observation has been visible gold seen at a depth of 105.9m and potentially electrum seen at a depth of 110.5m. These intervals occur directly below a geochemical target identified from the ionic leach soil sampling and in line with structures interpreted from the geophysics. These early observations provide supporting evidence that the many other similar targets in this 7km-long area of interest may also coincide with hydrothermal systems below the overburden. This area was selected due to shallower overburden, good underlying structure in the potential host rocks evi...