Tarku Res - TRKUF STOCK NEWS

Tarku Resources Ltd (OTCQB:TRKUF) has concluded its maiden drill program at the Apollo Gold Project in Quebec, completing eight holes totaling 3,048 meters. The drilling focused on a 4km section of the Sunday Lake Fault, revealing extensive hydrothermal and magmatic alterations. Initial visual inspections show promising signs with visible base metals, enhancing the area's prospectivity. Assay results are anticipated in Q1 2023. The findings may indicate potential for significant gold deposits similar to successful projects in the Abitibi region.

Tarku Resources Ltd has closed a non-brokered private placement, raising $550,000 through the issuance of 13,750,000 units at $0.04 per unit. Each unit comprises one common share and one warrant, allowing the purchase of additional shares at $0.08 for up to 36 months. The proceeds will be allocated for general working capital. The TSX Venture Exchange has conditionally accepted the offering. Additionally, Tarku has granted 500,000 stock options to directors and officers at $0.10 per share, expiring on December 21, 2027.

Tarku Resources Ltd (OTCQB: TRKUF) announced a non-brokered private placement of up to 13,750,000 units at $0.04 per unit, aiming for gross proceeds of $550,000. Each unit comprises one common share and one warrant, allowing the purchase of an additional share at $0.08 for 36 months. Proceeds will be directed towards general working capital, with no finder’s fees paid. The securities are not registered in the U.S. Tarku focuses on exploration projects in favorable mining jurisdictions.

Tarku Resources Ltd. (OTCQB:TRKUF) has announced progress on its drill program at the Apollo Gold Project in Quebec, with five holes totaling 1,739m completed. The ongoing program shows promising geological features consistent with Orogenic Gold Deposits. Visual core inspections revealed significant hydrothermal alterations and sulfide mineralization. Assay results are anticipated in Q1 2023. The Apollo Project is part of Tarku's 100%-owned 3As Projects, which cover a rich mining region known for high gold potential.

Tarku Resources Ltd (OTCQB:TRKUF) announced the commencement of drilling at the Apollo Gold Project, part of its 3As Projects in Quebec. The initial drill hole is part of a 3,000 to 3,500 metre program targeting six of nine high-priority zones over a 5.35 km strike length. The CEO, Julien Davy, believes that results indicating gold mineralization of 0.5 to 1g/t Au over several metres would be promising. Tarku anticipates initial results by the end of 2022 and final results by Q1 2023.

Tarku Resources Ltd (OTCQB: TRKUF) announced that the TSX Venture Exchange accepted the extension of 12,500,000 warrants issued in a private placement on October 30, 2020. These warrants will now expire on May 1, 2024, with an exercise price of $0.15 each. Tarku focuses on mining exploration in favorable jurisdictions like Quebec and Arizona, planning significant drill programs on its Silver Strike and Three A's projects. This extension provides investors additional time to exercise their warrants amidst ongoing exploration efforts.

Tarku Resources Ltd (OTCQB: TRKUF) announced on September 28, 2022, that it has obtained the necessary permits to begin drilling at the Apollo Gold Project within its 3As Projects in Quebec. Drilling is scheduled to start in October 2022, with an initial program of 3,000 to 3,500 meters targeting six of nine high-priority zones. The Apollo Project aims to explore previously defined chargeability anomalies, following promising historic results in adjacent areas. The company expects to release initial results by year-end and finalize results by Q1 2023.

Tarku Resources Ltd (OTCQB: TRKUF) closed a $740,000 non-brokered private placement on September 9, 2022, issuing 7,400,000 Flow-Through Shares at $0.10 each. The proceeds will fund the Gold Apollo project in Quebec, which is part of the 100%-owned 3As project. The TSX Venture Exchange conditionally accepted the placement on August 24, 2022. Tarku plans a 3,000-meter drill program in fall 2022 targeting the Rivière Waswanipi Shear Zone. Finder’s fees totaled $44,400 and included warrants for additional shares.

Tarku Resources has revealed promising results from its sampling campaign at the historic Solstice Mine, part of the Silver Strike Project in Arizona. The highlights include:

• Peak silver equivalent of 552.5 g/t Ag Eq, with 482 g/t Ag.
• Other notable grades of 407.3 g/t, 358.2 g/t, and 354.3 g/t Ag Eq.

CEO Julien Davy emphasized the significance of these high-grade results, indicating substantial remaining silver and the potential for further exploration and upcoming 6,000m drilling program.