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Tarku Resources successfully completes drilling on its 100% owned Admiral Gold Project
MONTREAL, March 26, 2019 (GLOBE NEWSWIRE) -- Tarku Resources Ltd. (TSX-V: TKU) (the "Company" or "Tarku") is pleased to announce the completion of a drill progr
About this update from Tarku Resources Ltd
[{"type":"text","content":" MONTREAL, March 26, 2019 (GLOBE NEWSWIRE) -- Tarku Resources Ltd. (TSX-V: TKU) (the \"Company\" or \"Tarku\") is pleased to announce the completion of a drill program on its wholly owned Admiral Project, in the Matagami area, Eeyou Istchee James Bay, Quebec (see press release dated February 22, 2019). The objective of the drilling program was to evaluate select targets along a 1 to 1.5 km wide corridor identified by Tarku’s previous high-resolution geophysical survey and data compilations and that contains the Lac Olga Ouest gold showing (5.9 g/t Au, grab sample, GM 49140). The structural corridor is a favourable setting for orogenic gold mineralization associated with alkaline rocks and porphyry intrusions (Figure 1). A total of 796 meters was completed in 5 drill holes. Most of the holes intersected brittle-ductile faults zones with injections of \"syenitic and monzonitic\" dykes. Albite-hematite alterations with tourmaline-quartz-pyrite veinlets were observed in drill hole AD-19-03. The presence of dykes in fault zones (Table 1) is consistent with Tarku’s exploration model. Julien Davy, President and CEO of Tarku, stated: \"The success of this drill program, which has intersected altered and dyke-injected fault zones along what we believe to be an extension of the Sunday Lake regional structure, is very significant. We are really encouraged by the gold potential of both the Admiral and Apollo projects”. Table 1: Drillholes summary Hole Number Target Easting Northing Azimuth Dip Length Preliminary Observations AD-19-01 Interpreted fault in fold hinge 338,212 5,520,686 180° -50° 150 m 39,00 – 44,50: Zone with several brittle faults with quartz-hematite veins, Py-Po veinlets AD-19-02 IP anomaly and fault on high mag margin 338,573 5,520,695 045° -50° 202 m 141,00 – 149,80: Brittle-ductile faults zone injected with monzonitic dykes and alkaline gabbro, talc alteration and disseminated Py AD-19-03 Fault on high mag margin 338,299 5,520,935 045° -45° 177 m 73,90 – 85,38: Brittle-ductile fault zone injected with hematized syenitic dykes and disseminated Py120,15 – 148,10: Dacitic tuff injected with syenitic and feldspar porphyry dykes, albite-hematite alteration, tourmaline-quartz-Py veinlets AD-19-04 Regional structure 337,818 5,520,266 180° -48° 138 m 71,90 – 85,54: Mafic tuff injected with monzonitic dykes, disseminated Py AD-19...