Taurus Gold reports promising results

Taurus Gold Corp. Nov. 7 announced surface soil sample and geophysical survey results from its 2023 exploration program at its Charlotte gold-silver-zinc-lead property in the Mt. Nansen area of west-central Yukon.

Located at the south end of the Dawson Range Gold Belt within the Tintina Gold Province, Charlotte is a 23-square-kilometer (8.9 square miles) land package adjacent to Rockhaven Resources' Klaza property that is accessed by an all-weather road.

Taurus' 2023 exploration goals at Charlotte included the discovery of new epithermal vein sets in underexplored areas of the property; determining the linkage between epithermal veins and the late Cretaceous intrusive center in the northern part of the property; and investigating surface expression of suspected structural controls on soil anomalism.

This work was carried out in two phases-the first was conducted over a 30-day period and comprised 14 days of detailed geological mapping, prospecting, and rock sampling with particular focus on the underexplored central-northern part of the property.

This was followed by an 18-day phase of grid soil geochemical sampling across four grids – Discovery, Eliza West, GRW, and Ed F.

A ground magnetometer very-low-frequency (VLF) survey was also completed across these grids.

Taurus says these targets were selected after analysis of an extensive historical dataset within the underexplored regions of Charlotte. Discovery, Eliza West, and the GRW grids were designed to determine the presence of soil geochemical signatures representing epithermal mineralization related to mineralized porphyry systems.

The Ed F grid was designed to complete detailed geochemical surveying across the Ed F claim, staked and incorporated into the Charlotte property in February this year.

Geological mapping and rock sampling were designed to confirm that the property covers portions of a porphyry-style mineralized system covering the highly prospective Mt. Nansen area, while mapping initially focused on the four gridded areas but was eventually expanded to cover the entire property.

2023 field work

Taurus says several well-defined polymetallic soil anomalies were revealed during the 2023 program.

While these areas have seen historical sampling, they were done on a much coarser scale – typically 25-meter stations on 100-meter spaced lines – making interpretations and target development more difficult due to the variable nature of the response of certain pathfinder elements, or because historical analysis was limited to gold, silver, and copper only.

The 2023 soil program was conducted on its defined grids utilizing 50-meter line spacings and 20-meter station spacing to achieve a much tighter sample density. The total number of samples comprised 1,693.

Of those, 87 individual soil results were returned that exceeded the 95th percentile of 1.61 parts per million silver. Highlights from other samples include:

• 28.5 ppm parts per million silver and 0.2 ppm gold from sample C0217441 (Ed).

• 15.6 ppm silver, 0.3 ppm gold and 2,978 ppm lead from C0216682 (GRW).

• 5.3 ppm silver, 0.35 ppm gold, 423 ppm lead, and 411 ppm zinc from C0218154 (GRW).

• 2.7 ppm silver and 1.1 ppm gold from C0217199 (Eliza).

"We are pleased to report we have exciting new soil and surface geophysical results now in hand from our recently completed 2023 field program at the Charlotte property which has complimented the company's recent impressive rock samples further advancing the Charlotte property," said Taurus Gold CEO Frank Lagiglia.

Highlights from these rock samples reported in October include:

• 4,204 ppm silver, 18.5 ppm gold, 5,264 ppm copper, and 5,409 ppm zinc from sample C0216031 (Ed).

• 832 ppm silver and 13.8 ppm gold from sample C0216038 (West of Flex Zone).

• 815 ppm silver, 0.8 ppm gold, 890 ppm copper, 2,905 ppm lead, and 1,013 ppm zinc from sample C0216116 (East of Ed).

In addition to the surface sampling, survey work included approximately 35.2 line-kilometers of magnetometer very-low-frequency geophysical surveys.

The company adds that focused exploration on these four underexplored areas returned significant soil anomalism highlighted by distinct and sizable silver, gold, arsenic, lead, and zinc anomalies with coincident electromagnetic or magnetic high features – in close proximity to contacts between fertile geological units known to host mineralization on the Charlotte property, as well as the neighboring Klaza property and larger Dawson Trend.

The 2023 exploration program was successful in highlighting the prospectivity of these four underexplored areas at Charlotte, including the new Ed claim area, which sits immediately north of the Flex Zone.

Additional follow-up work is required to investigate the soil anomalism and coincident geophysical responses, while additional detailed mapping and prospecting will focus on these areas plus the best results from outside the grids, including the Cabin and east of the Ed grid.