Tarsis Resources (CVE:TCC) says the Erika property in Mexico has become a high priority target, after discovering new mineralisation there.
Prospecting this summer has identified gold-bearing jasperoid breccias – features associated with Carlin gold systems.
From four samples taken from outcrops, assays ranged from 0.17 grammes per tonne (g/t) gold to 0.94 g/t gold, the company said.
All returned strongly anomalous arsenic, at 230 to 3,140 parts per million (ppm), mercury, 1 to 11 ppm, antimony, 30 to 195 ppm and thallium, 0.7 to 1.0 ppm.
Tarsis president and chief executive Marc Blythe said: “We’re very encouraged with the new developments on the Erika property.
“The geology, interpreted structural architecture and surface soil geochemical signature in the vicinity of the newly discovered jasperoid mineralization elevate this target area to high priority status.
“Tarsis plans to carry out infill soil sampling and further prospecting to prepare the area for drilling.
“Carlin-Style systems are highly sought after because examples in Nevada contain large tonnages of high-grade gold ore and are significant contributors to production by major gold miners.”
As well as Erika, Tarsis has projects in Yukon, Canada. The Erika property consists of two contiguous claims covering around 16,000 hectares in Guerro state.
Diamond drilling around 7km away last year identified Carlin-style mineralisation, with one hole showing 2.25 g/t gold over 3.60 meters from within a broader interval of 10.28 meters grading 1.14 g/t gold.