Tarku Res - TRKUF STOCK NEWS

Tarku Resources Ltd (OTCQB: TRKUF) announced the generation of nine high-priority targets measuring 5.35 km ahead of its maiden drill program at the Apollo Gold Project in Quebec. Conducted by Simcoe Geoscience, a 14.5-line km IP survey identified these targets, which are located on chargeable anomalous zones. Drilling, set to commence in Fall 2022, will include 13 proposed holes. The targets are associated with the Riviere Waswanipi Shear Zone, interpreted to extend from the Detour Lake Gold Mine region.

Tarku Resources Ltd (OTCQB:TRKUF) announced the results of its Annual General and Special Meeting held on April 7, 2022. Shareholders re-elected directors including Bernard Lapointe and Julien Davy, and approved the continuation of the stock option plan. The Board appointed Bernard Lapointe as Chairman, Julien Davy as President and CEO, and Kyle Appleby as CFO. Tarku focuses on exploration in favorable mining jurisdictions like Quebec and Arizona, with projects such as the Silver Strike Project and the Three A's in the Matagami Greenstone Belt.

Tarku Resources Ltd (OTCQB:TRKUF) has engaged GoldSpot Discoveries Corp to assist in target generation at its Silver Strike Project in Arizona. GoldSpot’s advanced technology will enhance mineral discovery efficiency. The project aims to utilize geophysical data for exploration, focusing on Carbonate Replacement Deposits (CRD). Tarku's previous drill results indicate high grades of silver, gold, lead, and zinc, revealing significant discovery potential. In 2022, Tarku plans extensive geophysical surveys and drilling, indicating a proactive approach towards project advancement.

Tarku Resources Ltd (OTCQB: TRKUF) announced a successful close of a non-brokered private placement on April 13, 2022, generating gross proceeds of $638,455. The placement involved 6,384,550 units priced at $0.10 per share, with each unit accompanied by a warrant to acquire shares at $0.15 for 24 months. Insiders participated by subscribing for 250,000 units. The proceeds will fund Tarku’s Silver Strike Project in Arizona. The private placement is conditionally accepted by the TSX Venture Exchange.

Tarku Resources Ltd. has executed a new agreement to acquire 100% ownership of the Silver Strike Project located in Tombstone, Arizona, from EXLA Resources. This simplified agreement eliminates previous cash commitments and the lengthy earn-in phase. Tarku will now control over 1,200 hectares in a historically rich mining district known for producing high-grade silver. The acquisition includes 7 million shares for EXLA, representing a 9.65% interest in Tarku, and a CAD$500,000 convertible debenture. This move is expected to enhance Tarku's exploration capabilities and facilitate future capital raising.

Tarku Resources Ltd (OTCQB: TRKUF) announced the approval of 1,500,000 stock options for its directors and officers. These options have an exercise price of $0.10 per share and will expire on February 16, 2027, if not exercised. Tarku focuses on mineral exploration in Quebec and Arizona, owning 100% of the Three A's projects in Quebec and holding an option for 75% of the Silver Strike Project in Arizona. The company aims to capitalize on promising mining jurisdictions.

Tarku Resources Ltd reports significant achievements for 2021, including the acquisition of the Silver Strike Project in Arizona, with initial drilling revealing high-grade mineralization up to 1,515 g/t silver equivalent. In Quebec, new targets were identified with a $750k financing completed to fund further drilling. The company plans an extensive 5,000-meter drilling program at Silver Strike and a 3,000-meter drill program at the 3As Projects. These initiatives are expected to enhance shareholder value as Tarku progresses in 2022.

Tarku Resources Ltd (OTCQB:TRKUF) has successfully completed a non-brokered private placement on December 3, 2021, with gross proceeds of $750,000. The placement involved 7,500,000 Flow-Through Shares priced at $0.10 each. The company is also anticipating a second placement before December 17, 2021, for up to $250,000. The funds will support exploration projects in Quebec, specifically the Apollo, Atlas Apollo, and Admiral projects. The financing has been conditionally accepted by the TSX Venture Exchange.

Tarku Resources Ltd (OTCQB:TRKUF) has completed its 2021 drill program on the Silver Strike Project in Arizona, confirming high-grade silver veins and structures. Notable results include 720 g/t silver, 6.44 g/t gold, and a potential Carbonate Replacement Deposit (CRD) system analogous to the Hermosa project. The drill program consisted of 23 holes over 2,719.1 meters, revealing significant mineralization with surface samples showing up to 2,030 g/t silver. The findings enhance the project’s exploration model and outline future plans for geophysical and geochemical surveys.