Tarsis Resources Ltd.

Published : September 10th, 2009

Acquires Properties from Strategic Metals Ltd.

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Keywords :   Australia | Canada | Diamond | G Mexico | Lead | Mexico | Zinc |

Management are very pleased to have acquired two properties from highly regarded Yukon explorer Strategic Metals on such favourable terms.  The Highway property features a yet to be drill tested linear electromagnetic (EM) anomaly as a result of a recent helicopter borne VTEM survey conducted and paid for by Strategic.

 

PRESS RELEASE

TARSIS RESOURCES

September 9, 2009                                                                                          (TSXV: TCC)

Tarsis Acquires Properties from Strategic Metals Ltd.

 

Tarsis Resources (TSXV: TCC) (?Tarsis? and ?the Company?) is pleased to advise that it has acquired a 100% interest in two mineral properties from Strategic Metals Ltd. (TSXV: SMD) (?Strategic?).  The two mineral properties are located in Yukon, Canada and both are prospective for zinc and other base metals.

 

MOR Property Expansion

The Highway Property consists of six mineral claims that lie approximately one kilometre southwest of Tarsis? MOR Property, which features volcanogenic hosted massive sulphide (VHMS) mineralization in stacked horizons up to 7.80 m thick. The Highway claims are immediately adjacent to the Alaska Highway, 30 kilometres east of Teslin, Yukon

 

The Highway Property covers a similar package of Yukon Tanana Terrane stratigraphy adjacent to the MOR claim block that is a prospective host for VHMS type mineralization.  During 2007, Strategic conducted helicopter borne Vertical Time Domain Electro Magnetic (VTEM) surveys over the property.  A strong linear EM anomaly was identified but no additional modeling was undertaken to better define the target and no Diamond drilling has tested this target.

 

Tarsis intends to incorporate the Highway property into its MOR property for future exploration campaigns.

 

Cord Property

The Cord Property consists of twelve mineral claims located approximately 80 kilometres northeast of Tarsis? Goz Creek property in eastern central Yukon.

 

The property is underlain by clastic and carbonate sedimentary sequences of the Early Proterozoic Wernecke Supergroup, which are prospective hosts for stratiform zinc-lead mineralization.  These rocks are interpreted to occupy a similar geological setting to the Century, McArthur River and Mt. Isa deposits in Australia.

 

Previous work on the claims includes geochemical and geophysical surveys.

 

Consideration

The company will issue 10,000 common shares of Tarsis stock to Strategic as payment for a 100% interest in the two properties upon acceptance for filing by the TSX Venture Exchange.

 

Tarsis has agreed to grant Strategic a 2% NSR on any future production from the mineral claims acquired as discussed above.

 

The technical content of this press release has been reviewed by Marc G. Blythe P.Eng, a Qualified Person as defined by NI 43-101.

 

Tarsis is an exploration company following the prospect generator business model, with seven mineral properties in Yukon, Canada and one in Mexico.  The Company is seeking joint venture partners for its properties.

 

The Company currently has 14,867,970 shares issued and outstanding.

 

            ?Marc G. Blythe?

_____________________________

Tarsis Resources Ltd.

Marc G. Blythe, P.Eng., MBA.

President and Chief Executive Officer

 

The TSX Venture Exchange does not Accept Responsibility for the Adequacy or Accuracy of this Release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tarsis Resources Ltd.

Marc G. Blythe, P.Eng., MBA.

President and Chief Executive Officer

(604) 689-7644

Mark T. Brown, C.A.

Chief Financial Officer

(604) 687-3520

Email: info@tarsis.ca

Website: www.tarsis.ca

 

 

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Data and Statistics for these countries : Australia | Canada | Mexico | All
Gold and Silver Prices for these countries : Australia | Canada | Mexico | All

Tarsis Resources Ltd.

EXPLORATION STAGE
CODE : TCC.V
ISIN : CA87649P1080
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Tarsis is a zinc and lead exploration company based in Canada.

Its main exploration properties are WHITE RIVER PROPERTY, CARIBOU CREEK, MOR PROPERTY, ERIKA, MEISTER, PROSPECTOR MOUNTAIN, GOZ CREEK, CABIN LAKE and TIM/WOLF in Canada.

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Financings of Tarsis Resources Ltd.
9/17/2012Announces $502,500 Financing
2/14/2012Closes Financing for $1.2 million
2/10/2012Increases Financing to $1.2 million
1/25/2012(Prospector Mountain)Announces $1 million Financing and Prospector Mountain Opti...
4/27/2011Closes $1.6 Million Kinross Private Placement
Nominations of Tarsis Resources Ltd.
6/28/2010Appoints Mr. Adrian Fleming to the Board of Directors
Project news of Tarsis Resources Ltd.
6/26/2013(Erika)Provides Update on Gold Exploration at Erika, Mexico
2/21/2013(White River Property)Gets White River Property, Yukon Back From Optionee
2/5/2013(Erika)Options Erika Gold Project to Osisko Mining Corporation
11/29/2011Provides Exploration Results for the Rogue Prospect and New...
10/27/2011(White River Property)Completes Exploration Program at White River=2C Yukon
8/30/2011(Erika)Drills 2.25 g/t Gold over 3.60 meters in Sediment-Hosted Gol...
8/3/2011(Prospector Mountain)New Zone Discovered at White River and Drilling Commenced at...
5/26/2010(Mor Property)Drilling Scheduled to Begin Early June
11/2/2009(Prospector Mountain)Samples 82.2 g/t Gold, 5.97% Copper and 888 g/t Silver on Po...
9/16/2009(Mor Property)Exploration Program at MOR, Yukon
9/8/2009(Prospector Mountain) Samples 27.6 g/t Gold, 910 g/t Silver at Prospector Mountai...
Corporate news of Tarsis Resources Ltd.
4/21/2015Tarsis and Estrella Received Court Approval; Provide Update ...
4/8/2015Estrella Shareholders Approve Combination with Tarsis
3/10/2015and Estrella Provide an Update on Alianza Transaction Progre...
3/10/2015Tarsis and Estrella Provide an Update on Alianza Transaction...
2/26/2015Tarsis Resources Ltd. Enters Into Lockup Agreements With Est...
2/11/2015Tarsis Resources Ltd. and Estrella Gold Corporation to Form ...
1/27/2015Sandstorm Gold Announces 10 Royalty Agreements
1/27/2015Tarsis Acquires Eight Gold Properties in Nevada From Sandsto...
9/12/2014Tarsis Closes Financing
9/5/2014Tarsis Increases Financing
8/22/2014Tarsis Announces $250,000 Financing and Files US SEC Registr...
7/17/2014Tarsis Provides Update on Continuing Exploration at Yago Gol...
5/5/2014Tarsis Cuts 3.00 m of 11.10 g/t Gold and 31.6 g/t Silver at ...
10/2/2013Confirms High-Grade Gold Values at Yago, Mexico
9/18/2013Identifies Gold-Bearing Jasperoid Samples at BP, Nevada
8/14/2013Commences Exploration at Yago Gold-Silver Property, Mexico
6/17/2013Commences Exploration at BP, Nevada and Finalizes Almaden Pr...
10/9/2012Closes Financing for $1 Million
10/2/2012Increases Financing to $1.0 Million
9/10/2012Optionee Reports Final Diamond Drill Results from White Rive...
1/20/2012Samples 82.20 g=2Ft Gold across 1.0 meter at the HG Zone=2C ...
7/6/2011(Erika)Intersects Sediment-Hosted Gold Mineralization at Erika, Mex...
6/7/2011Stakes Rogue District Claims, Yukon (Infographic)
6/1/2011Stakes Rogue District Claims, Yukon
4/19/2011Announces $1.6 Million Private Placement, Kinross Takes 9.9%...
4/1/20112011 Exploration Plans
2/16/2011Stakes New Porphyry/Skarn Prospect, Yukon
8/3/2010Grassroots Copper, Gold and Silver Discovery at White River,...
7/30/2010Acquisition of Securities of Tarsis Resources Ltd.
5/12/2010Acquires Five New Gold Projects, Yukon
4/15/2010Closes $400,000 Financing
3/23/2010$500,000 Financing
3/4/2010Corporate Update and 2010 Plans
1/18/2010Silver Quest receives report on Prospector from Tarsis
12/15/2009Options Prospector Mountain to Silver Quest
12/8/2009Finds Rich Porphyry in Yukon
11/18/2009Clarifies Results from Prospector Mountain, Yukon
10/21/2009Additional Assays From Prospector Mountain, Yukon
9/10/2009Acquires Properties from Strategic Metals Ltd.
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