Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side
Vancouver, British Columbia, February 20, 2018 – Tasca Resources Ltd. (“Tasca”, “TAC” or the “Company”) (TSX Venture: TAC) (Frankfurt: 3TA) reports its technical team has spent the last two months assembling the historic exploration data previously generated at the Poplar copper property, southwest of Houston, British Columbia. Tasca is currently reviewing and cataloging the data to locate and define exploration targets both within the area of known mineralization and elsewhere on the 62,000 hectare property. At this preliminary stage, Tasca has identified multiple new and previously known target areas on its Poplar project:
- Deep IP targets that appear to suggest extension of the known Poplar deposit both to depth and laterally;
- Several airborne EM anomalies displaying signatures similar to known BC porphyry deposits;
- Several property wide historic zones requiring follow up exploration with modern methods.
“We believe Tasca has acquired not only a nice copper deposit, but a property with significant exploration upside potential,” stated Tasca CEO Clive Massey. “We anticipate defining and cataloging numerous exploration targets across the property over the next one to two months as Tasca’s technical team continues its review of the enormous data set pertaining to the Poplar Copper Deposit. Tasca plans to release further information on each of the three target areas as the data is reviewed and cataloged and targets are defined.”
Lions Gate Metals (LGM) the prior property owner, commissioned a 2009 deep Induced Polarization (IP) survey in the immediate area of the Poplar deposit to test for depth extension to the main deposit and test for peripheral or additional mineralization in the area of the deposit. Several of these targets remain to be tested.
LGM 2011 and 2012 drilling at the Poplar Deposit was primarily targeted at confirming some of the earlier drill results, expanding the mineralization at depth and testing the edges of the known mineralization to expand the deposit. Initial review suggests the program was a success. The entire drill database is currently being reviewed in detail in order to design a drill program that will allow the resource to be moved from historical to current and to provide material for further metallurgical testing.
LGM completed property wide airborne magnetic and electromagnetic surveys in 2009. Several anomalies displaying characteristics similar to known porphyry […]
R.Tim Henneberry, P.Geo. (BC), a member of Tasca’s Advisory Board, is the Qualified Person who has reviewed and approved the technical content on this website.