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Tarku establishes strategic position in historic Copper Gold Silver Tombstone District, Arizona
Tarku establishes strategic position in historic Copper Gold Silver Tombstone District, A...
About this update from Tarku Resources Ltd
[{"type":"text","content":"TarkuTombstoneDistric\n \n \n \n Tarku establishes strategic position in historic Copper Gold Silver Tombstone District, Arizona\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n MONTREAL, Oct. 5, 2020\n \n \n \n \n \n \n \n \n \n MONTREAL\n \n ,\n \n Oct. 5, 2020\n \n /CNW/ -\n \n Tarku Resources Ltd\n \n (TSXV: TKU) (the \"Company\" or \"Tarku\") is pleased to announce that it has entered into an agreement with arm's length parties (the \"Vendors\") under which Tarku intends to acquire up to 75% in 1250 hectares of mineral claims in the\n \n Tombstone\n \n area mining District,\n \n Arizona\n \n . The agreement is subject to completion of due diligence, the finalization of a definitive agreement governing the acquisition and receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange (the \"Exchange\").\n \n \n \n Acquisition Highlights\n \n \n \n \n Acquisition of 1,250 + hectares exploration land package in a historic mining jurisdiction prospective for Copper, Gold and Silver\n \n \n Tarku will become one of the most significant mineral claim owners in the historic\n \n Tombstone\n \n mining district\n \n \n The mineral claims are a combination of BLM, patented and unpatented claims\n \n \n Assets located in vicinity of\n \n Tombstone\n \n and its numerous historic high-grade silver mines\n \n \n Past producing assets focused solely on high grade veins\n \n \n Under-explored assets mainly focused on shallow drilling of high-grade silver veins.\n \n \n More recent interpretation  suggests large porphyry Cu-Au system\n \n \n Numerous exploration targets identified\n \n \n \n \n Julien Davy\n \n , President and CEO of Tarku, stated: \"\n \n \n Tombstone\n \n has an incredible history of mining. The area has produced approximately 32 million ounces of silver at an average grade of almost 26 oz/t as well as 260,000 ounces of gold at 6.5g/t and in lesser amounts other base metals as lead, zinc, copper, zinc and manganese. Previously thought to be an epithermal silver-lead-zinc district of li...