Tarsis Acquires Five New Gold Projects, YukonPRESS RELEASE
TARSIS RESOURCES
May 12, 2010 (TSXV: TCC)
Tarsis Acquires Five New Gold Projects, Yukon
Tarsis Resources (TSXV: TCC) (“Tarsis” and “the Company”) is pleased to announce that it has acquired a 100% interest in five new gold projects by staking in Yukon.
Each of the projects covers Cambrian to Devonian aged carbonate strata, attributed to the Bouvette Formation, with anomalous to strongly anomalous gold values from assays in drainages flowing on or from the staked areas. Each of the projects exists in a structural environment and with pathfinder element geochemistry considered favourable by the Company.
President and CEO, Marc Blythe stated “We have followed Atac Resources’ Rau project with strong interest and decided to explore similar geological environments in search of carbonate-hosted gold. These five projects cover similar geological, geochemical and structural settings. Elevated gold values in drainages leading from carbonate rocks present an excellent opportunity for Tarsis to commence its search for ‘Rau like’ projects.”
Tarsis intends to carry out early stage exploration, including stream sediment, soil and rock sampling, prospecting and mapping, commencing in June 2010.
The Lion project consists of 96 claims (approximately 2,000 hectares), and is located 99 kilometers north-northwest of Dawson City, Yukon.
The Tau project consists of 60 claims (approximately 1,250 hectares), and is located 67 kilometers north-northeast of Dawson City, Yukon.
The Eagle project consists of 24 claims (approximately 500 hectares), and is located 88 kilometers north-northwest of Dawson City, Yukon.
The Jaguar project consists of 42 claims (approximately 900 hectares), and is located 85 kilometers north-northwest of Dawson City, Yukon.
The Eye project consists of 4 claims (approximately 80 hectares), and is located 105 kilometers northwest of Dawson City, Yukon.
The Company recently closed $600,000 in financings, including both Canadian flow through and non-flow through funds.
The qualified person responsible for the technical disclosure in this press release is Marc G. Blythe, P.Eng. Mr. Blythe is the President and CEO of Tarsis Resources and he has reviewed the content of this release.
About Tarsis Resources
Tarsis is an exploration company following the prospect generator business model, with thirteen mineral properties in Yukon, Canada and one in Mexico. The Company acquires projects on attractive terms, adds value and then vends or options out projects to partners for advancement.
The Company currently has 17,877,970 shares issued and outstanding.
“Marc G. Blythe”
_____________________________
Tarsis Resources Ltd.
Marc G. Blythe, P.Eng., MBA.
President and Chief Executive Officer
The TSX Venture Exchange does not Accept Responsibility for the Adequacy or Accuracy of this Release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tarsis Resources Ltd.
Marc G. Blythe, P.Eng., MBA.
President and Chief Executive Officer
(604) 689-7644
Mark T. Brown, C.A.
Chief Financial Officer
(604) 687-3520
Email:
info@tarsis.ca
Website:
www.tarsis.ca