Tashota announces additional acquisition in “Hemlo gold camp”, Northern Ontario

2015-12-03T14:24:13+00:00

Tashota Resources Inc. (TRI) is pleased to announce that it has recently signed additional option agreements to acquire a 100% interest in approximately 14,500+ acres, namely “Hemlo West & Black River” and “Hemlo North”. This is in addition to the 100% interest in the 3,500+ acres “Hemlo South” claims located to the South of and adjacent to the 23 million ounce Hemlo (Williams Mine) property which is 100% owned by Barrick Gold, located approximately 46 kilometres east of Marathon, Ontario.

Barrick Gold has recently conducted extensive drilling on their Hemlo property and during the 1st quarter 2015, acquired for approximately CDN$ 47,000,000 (US$38,000,000) the remaining claims previously held by Newmont.

The BARRICK THIRD QUARTER 2015 states – “An illustration of the optionality that exists within our portfolio is the recent drill program at Hemlo. In the first quarter, Barrick completed the acquisition of surface and mineral rights adjacent to the Hemlo property in Ontario from subsidiaries of Newmont Mining. These claims included an area of geological potential adjacent to Barrick’s existing underground workings. Barrick is currently undertaking an underground diamond drilling program in this area to evaluate its potential. To date, drilling has encountered a number of high grade intercepts with significant potential. These results highlight the ongoing potential of mineral deposits such as the Hemlo camp, even as they become mature operations.”

Tashota Resources properties in the Hemlo Gold Camp now consists of 18,000+ acres including the Hemlo South property situated approximately 1,000 metres from the Williams Mine shaft and open pit, and adjacent to the Barrick Williams mill.

TRI previously completed a 327 kilometre airborne geophysics program by Prospectair on the Hemlo South property and this airborne has detected drill targets of interest. A combination of previous gold anomaly in soil, potassium anomaly from radiation, and inferred fault structure, further supports various drill targets of interest.

Management of Tashota is pleased to have acquired these additional property interests in the Hemlo Gold camp, as such acquisitions meet our objective of acquiring properties; that are readily accessible for field work without having to spend money building roads and infrastructure, and close to a previous mine, or an existing mill.

Tashota Directors receive outstanding awards at (NWOPA) Symposium in Thunder Bay, Ontario

2015-04-28T14:24:13+00:00

Charles J. Elbourne, President and CEO of Tashota Resources Inc. (TRI) is pleased to announce that two (2) Directors of TRI management were recipients of major awards at the Northwestern Ontario Prospectors Association (NWOPA) Symposium held April 14-15, 2015 at Thunder Bay Ontario.

Director Rudy Wahl was the recipient of theBernie Schnieders Discovery of the Year Award for his 2014 discovery of numerous high – grade niobium, tantalum, Phosphate and REE occurrences near Prairie Lake, Ontario.

Director Russell Kwiatkowski was the recipient of the Lifetime Achievement Award for his outstanding work and continuous dedication to prospecting in Northwestern Ontario.

Charles Elbourne says, “This is not the first time that both Rudy and Russell have achieved such prestigious Awards. Along with his son Derrick, Russell received the prestigious 2004 Discovery of the Year Award from the Northwestern Ontario Prospectors Association for the Larose Project, and in 2012 Rudy was rewarded with the Lifetime Achievement Award for outstanding work as a prospector in Northwestern Ontario. Tashota management is very proud to have such dedicated individuals as part of our management team.”

Tashota Resources Director Rudy Wahl received the “Bernie Schnieders “Discovery of the Year Award and Director Russell Kwiatkowski received the Lifetime Achievement Award at the Northwestern Ontario NWOPA Awards Dinner in Thunder Bay on April 14, 2015

The Northwestern Ontario Prospectors Association (www.nwopa.net) was well attended this year with over 452 attendees along with many government officials, including government geologists from the Ministry of Northern Development and Mines (www.mndm.gov.on.ca).

Management of Tashota Resources Inc. is also pleased to announce that it is finalizing the 100% acquisition of the 8,000 acre Larose Property, which is expected to be completed in the next few days.

The “Larose”; which garnered the 2004 Discovery of the Year Award for fellow Director Russell Kwiatkowski, along with his son Derrick; is a major gold discovery situated in the Shebandowan Gold Camp, approximately 110 kilometres west of Thunder Bay, Ontario. The Shebandowan is well known for past gold production, including the Moss Lake and Ardeen Mines, situated less than 6 kilometres from the Larose claims.

Management of TRI is presently offering to interested existing shareholders a treasury issue of 3,000,000 shares @ $.10 with a warrant at $.20 exercisable until year end 2015. Various drilling programs are presently being negotiated for work on both the Larose and Hemlo South properties. Once completion of the present treasury issuance; management will provide a Flow-Through issue for work on the ground, in order to provide interested investors with tax benefits for tax deductions from personal, and corporate income.

2015 - Tashota Resources

Tashota announces additional acquisition in “Hemlo gold camp”, Northern Ontario

Tashota Directors receive outstanding awards at (NWOPA) Symposium in Thunder Bay, Ontario