PRESS RELEASE
TARSIS RESOURCES
October 27, 2010 (TSXV: TCC)
Tarsis Prospects 19.3 g/t Gold at White River, Yukon
Tarsis Resources Ltd. (TSXV: TCC) (?Tarsis?) is pleased to provide an update on prospecting and follow up work at its White River property, Yukon. Follow up prospecting within the main discovery zone, which is approximately 350 meters wide by 600 meters long yielded 20 additional samples with strongly anomalous gold, copper and silver, including one select float sample containing 19.3 g/t gold, 0.21% copper and 16.9 g/t silver. A further float sample contained 8.52% copper and 6.0 g/t silver, while another contained 1,310 g/t silver, 0.51 g/t gold and 2.02% copper.
Within the main discovery zone, assay results have been received and verified for 111 select rock samples (including the original 47 samples announced on August 3, 2010). These samples returned values ranging from 8 ppm to 8.52% copper, below detection to 19.3 g/t gold and below detection to 1,310 g/t silver. The main discovery zone is unglaciated. New highlights are detailed in the table below:
Sample | Gold (g/t) | Copper (%) | Silver (g/t) |
IO68085 | 19.3 | 0.21 | 16.9 |
IO68087 | 2.90 | 0.09 | 21.6 |
IO68090 | 2.05 | 2.05 | 969.0 |
IO68074 | 1.03 | 0.19 | 36.0 |
17242 | 0.79 | 0.23 | 174.0 |
IO68093 | 0.51 | 2.02 | 1,310.0 |
IO68077 | 0.39 | 2.40 | 927.0 |
GO92484 | 0.29 | 0.02 | 1.4 |
GO92480 | 0.25 | 0.04 | 0.6 |
IO68089 | 0.25 | 1.13 | 608.0 |
IO68080 | 0.22 | 0.78 | 5.8 |
IO68099 | 0.22 | 0.99 | 2.2 |
IO68086 | 0.21 | 0.38 | 3.2 |
IO68094 | 0.18 | 0.92 | 361.0 |
IO68084 | 0.16 | 1.53 | 207.0 |
IO68082 | 0.14 | 0.41 | 16.3 |
IO68091 | 0.11 | 5.70 | 302.0 |
IO68088 | 0.03 | 1.22 | 2.4 |
IO68096 | 0.02 | 0.75 | 34.0 |
IO68076 | 0.02 | 8.52 | 6.0 |
The Company has lightly prospected several areas outside the main discovery zone, and assays are pending for a number of samples. Further information will be provided when it becomes available. Field work is now complete for the 2010 field season.
The property is located at the western end of the Nisling Range, within the Tintina Gold Province. It is situated 11 kilometers north of Koidern, a minor settlement on the paved, all weather Alaska Highway (http://www.tarsis.ca/images/WRLocationMap.png). Koidern is located 390 kilometers northwest of Whitehorse, the capital of Yukon. A 3,000 foot long grass airstrip is located 15 kilometers southwest of the property at the White River Lodge, which is adjacent to the Alaska Highway.
Further information and photographs are available on Tarsis? website: http://www.tarsis.ca/whiteriver.html. The property is available for option to qualified exploration companies.
The qualified person responsible for the technical disclosure in this press release is Marc G. Blythe, P.Eng. Mr. Blythe is the President and CEO of Tarsis Resources and he has reviewed the content of this release.
About Tarsis Resources
Tarsis is an exploration company following the prospect generator business model, with fourteen mineral properties in Yukon, Canada and one in Mexico. The Company acquires projects on attractive terms, adds value and then vends or options out projects to partners for advancement.
?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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