Tarku Resources Ltd V.TKU

Alternate Symbol(s): TRKUF

Tarku Resources Ltd is a Canada-based mining exploration company focused on advancing new discoveries in mining jurisdictions, including Quebec and Arizona. The Company holds 100% ownership of nine distinct exploration projects in Quebec, encompassing approximately 19,701 hectares (197 km2) as well as maintaining its full ownership of the Silver Strike project in Arizona, providing exposure to a diverse range of commodities such as gold, silver, copper, zinc, lithium, manganese, and nickel. Its Silver Strike project covers approximately 29 square kilometers (km2) situated within the Tombstone District. Its Calypso project is situated in the north-central part of the Abitibi Greenstone Belt. It is located between NTS Sheets 32F12 and 32F11, a mere 20 km south of Matagami, Quebec, and encompasses 42 claims, totaling 2,346 hectares. In addition, the Company owns the MAX Lithium project, located five km southwest of Sayona Mining's North American Lithium mine.

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Tarku Resources Ltd

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Post by yukon_goldon Feb 28, 2022 8:16pm

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Post# 34469570

Tarku to acquire 100% of Silver Strike Project, Arizona

Tarku Resources Ltd (TSX-V: TKU – FRA: 7TK – OTCQB: TRKUF) (the “Company” or “Tarku”) is pleased to announce that it has entered into a new agreement which provides the Company with immediate 100% ownership of the Silver Strike Project, in the Tombstone area, Arizona from EXLA Resources (OTC PINK: EXLA) (“EXLA”).

On February 1st, 2022, EXLA announced that it had entered into a binding agreement to purchase through a combination of cash and stock all the rights, interests and future benefits currently held by Mansfield Martin and associated parties in the Silver Strike Project.

Tarku and EXLA have agreed to terminate the original acquisition agreement and replace it with a new agreement granting Tarku immediate 100% ownership of the Silver Strike Project, as per the terms stated...