Tarsis to Begin Exploration at Canadian Property

17 September 2009 (Last Updated September 17th, 2009 18:30)

Tarsis Resources plans to begin exploration work at its MOR property shortly located in southern Yukon in Canada. The MOR property contains 290 mineral claims over nearly 6,000ha, and is situated 1.5km north of the paved all-weather Alaska Highway. The 2009 exploration program

Tarsis Resources plans to begin exploration work at its MOR property shortly located in southern Yukon in Canada.

The MOR property contains 290 mineral claims over nearly 6,000ha, and is situated 1.5km north of the paved all-weather Alaska Highway.

The 2009 exploration programme will include the collection and analysis of lithogeochemical samples, where trace elements are analysed to determine proximity to the source of the mineralisation on the property, the company said.

Further mapping, prospecting and ground gravity surveys will also be carried out.

Tarsis president and CEO Marc Blythe said that during 2008 the company conducted a small gravity survey on the property and two anomalies seemed to correlate with sulphide intersections from earlier drilling.

"We plan to carry out a larger gravity survey this year over airborne versatile time domain electromagnetic geophysical targets and soil geochemical anomalies on the property to better define drill targets," he said.

Tarsis has applied for funding from the Yukon mining incentive programme.

The company may claim a maximum of $34,150 in incentive payments, which match expenses on a dollar for dollar basis for authorised exploration expenses.