High-Grade Results On The Silver Strike Project

MONTREAL - Tarku Resources Ltd reported on the sampling campaign completed at the historic Solstice Mine, within the Silver Strike Project, located in the Tombstone Mining District Cochise County, Arizona. Highlights: 1) 552.5 g/t Ag Eq, including 482 g/t Ag and 1% lead-zinc combined, 2) 407.3 g/t Ag Eq, including 353 g/t Ag and 0.7% lead-zinc combined. 3) 358.2 g/t Ag Eq, including 280 g/t Ag and 1.6% lead-zinc combined. 4) 354.3 g/t Ag Eq, including 187 g/t Ag and 2.3% lead-zinc combined. 5) 303.1 g/t Ag Eq, including 244 g/t Ag and 1.1% lead-zinc combined.

Julien Davy, President and CEO, said, “As more high-grade results continue to roll in from our Silver Strike Project, the Solstice Zone has given us results that fully justify further exploration. The samples have demonstrated that the remaining silver content is more substantial than we expected, and that the interception of the conjugate veins sets controls higher-grade zones. These intersections form high-grade ore shoots within breccias and stockworks, that remain open at depth, and control the distribution of high-grade silver-lead-zinc-manganese mineralization at the Solstice Zone. This new information will be critical as we finalize targeting for the upcoming are 6,000m drill program.”

The assay results come from grab and chip samples taken in June 2022 during managements site visit to the project. Samples were taken to test different areas along the Solstice exploration adit, opened during the 1990's, which aimed to explore the veins around the historic Solstice Mine. Tarku's program focused on the enrichment associated with the intersection of two veining systems (N030 and N090) that create cigar shaped ore shoots, which dip steeply to the northwest. These enriched zones were historically worked at the Solstice Mine until 240 feet where they hit the water table. According to Tarku's results, background silver content in a single vein appears to grade between 10 and 90g/t silver (or 0.3 to 3 oz/t silver), while the ore shoots contain silver grades between 180 and 482 g/t silver (or 6 to 15 oz/t silver).

According to historical compilation, the Solstice Mine has been sporadically worked from a vertical shaft between 1914 and 1940 producing 475 tons of ore containing 20,761 oz of Ag, 107 oz of Au, 841 lb of Cu and 133,865 lb of Pb. During those years the historic miners biggest challenge remained the water table around 240 feet below surface opening today's potential for substantial mineralization at depth. Tarku's focus during the next drill program at the Solstice area will be to test the depth continuity of those ore shoots and to demonstrate the stability of the mineralization high-grade values.