Tarsis is pleased to announce that prospecting in mid-2012 at its Erika property located in southern Mexico, identified in-situ gold-bearing jasperoid breccias, features that are commonly found in Carlin gold systems. At Erika, four samples of hematitic jasperoid breccias were collected from outcrop and returned assays ranging from 0.17 g/t gold to 0.94 g/t gold. All samples returned elevated to strongly anomalous arsenic [...]
Tarsis is pleased to announce that diamond drilling has commenced on its White River property, located in south-western Yukon. Project optionee Driven Capital is funding the 2012 exploration program on this project which includes a 1,500 meter first phase diamond drill campaign. Drilling will target both the HG Zone and the Cool Zone which returned high-grade gold, copper and silver assays from select prospecting samples [...]
Tarsis is pleased to announce that it has completed its Annual General Meeting of the shareholders of Tarsis and the directors proposed at the meeting were all re-elected by the shareholders. Immediately after the meeting, the officers were also re-appointed with Marc G. Blythe remaining the President and CEO, and Mark T. Brown remaining the CFO and Corporate Secretary.
Tarsis is pleased to announce that it has signed a definitive option agreement on its White River Property, Yukon, with Driven Capital. Under the terms of the option agreement, Driven can earn a 60% interest in the White River property by completing the following commitments before January 15, 2016: Making cash payments to Tarsis of $400,000
Tarsis has received approval from the TSX Venture Exchange to extend the term of the warrants which would have expired on April 1, 2012. Tarsis has also received notice that its optionee on the Prospector Mountain project has decided to hand the project back after completing $2.7 million in exploration work.
Marc Blythe, President and CEO, commented that, "We are maintaining our focus on finding good exploration targets [...]
Tarsis is pleased to announce that the financing announced on January 24, 2012 and increased on February 9, 2012 has been closed. Tarsis issued 4.8 million units at $0.25 per Unit for gross proceeds of $1.2 million. Each Unit is comprised of one common share and one half of a non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share on or before August 11 [...]
Tarsis is pleased to announce that the financing announced on January 24, 2012 was oversubscribed. As a result, Tarsis increased the offering to $1.2 million to accommodate certain investors who may be able to assist the Company with future growth plans and future financings. The financing, which is a non-brokered private placement, will now consist of 4.8 million units (a "Unit") at $0.25 per Unit for gross proceeds of [...]
Tarsis is pleased to announce that it has agreed to complete a non-brokered private placement of 4 million units (a "Unit") at $0.25 per Unit for gross proceeds of $1 million, subject to acceptance by the TSX Venture Exchange. Each Unit is comprised of one common share and one half of a non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of [...]
Tarsis is pleased to announce the final 2011 exploration results from its White River property, Yukon. Highlights from this work include: Strongly anomalous gold values identified in 9 of 11 hand trenches with values ranging from 0.01 g/t to 214.00 g/t gold. Two zones drill ready for start of 2012 season. 1,617 new soil sample results, significantly expanding gold geochemistry with new zones identified
Tarsis is pleased to provide details of its 2011 exploration on the Rogue and recently acquired Plata East prospects, east central Yukon. The Company conducted reconnaissance-style exploration that comprised stream sediment and soil geochemical sampling, prospecting and cursory geological mapping on its Rogue prospect and a number of grass-roots targets identified nearby. The targets described represent sediment-hosted [...]
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