Tarsis Resources Ltd. (TSXV:TCC) signed a non-binding Letter of Intent to acquire a 100% interest in four gold/silver properties from Almaden Minerals Ltd (TSX:AMM,NYSE:AAU): two of the properties are located in Mexico, and two are located in Nevada. Under the Letter of Intent, Tarsis will acquire a 100% interest in the Yago, Gallo de Oro, Mezquites and San Pedro properties in Mexico, and the BP and BJS properties in Nevada for 4 million common shares and grant a 2% net smelter returns (NSR) royalty on any production from the projects.
Articles Tagged "TSXV:TCC"
Silver Wheaton, the largest precious metals streaming company in the world, has teamed up with Vale for a lucrative gold streaming arrangement with mines in Canada and Brazil.
Tarsis Resources Ltd. (TSXV:TCC) optioned its Erika Gold Project in Mexico to Osisko Mining Corporation (TSX:OSK,FWB:EWX). The Joint Venture Letter Agreement and Option allows Osisko to earn up to a 75% interest in the property.
Tarsis Resources Ltd. (TSXV:TCC) announced that the financing announced on September 16, 2012 and increased on October 2, 2012, for a total of $1,030,500 million has been closed.
The Tarsis Resources Ltd. (TSXV:TCC) financing has been oversubscribed, and this has been increased from $502,500 to $1,030,500.
Tarsis Resources Ltd.(TSXV:TCC) announced that it will be carrying out a non-brokered private placement for gross proceeds of $502,500.
Tarsis Resources Ltd. (TSXV:TCC) received the final results from diamond drilling at its White River property from project optionee Driven Capital Corp. (TSXV:DVV): new high grade gold intercepted at surface in the MS2 Zone.
Tarsis Resources Ltd. (TSXV:TCC) received from project optionee Driven Capital Corp. partial results from diamond drilling at its White River property in south-western Yukon, indicating the presence of a large and vigorous hydrothermal system.
Tarsis Resources Ltd.(TSXV:TCC) announced the latest results from its Erika property, Southern Mexico. The Comapny reported identifying in-situ gold-bearing jasperoid breccias. The gold bearings returned assays ranging from 0.17 g/t gold to 0.94 g/t gold.