“A 7km x 5km Gold Till Anomaly Has Been Identified” explains Targa Exploration CEO Cameron Tymstra
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“We continue to make great progress at Opinaca. These results from our first ever gold-focused exploration program on the project have narrowed down our search for gold considerably on this 85,000ha property”, commented Targa CEO, Cameron Tymstra. “A gold till anomaly approximately 7km x 5km in size has been identified down-ice from an east-west lineament, which has been interpreted from regional magnetic gradient data and topographic features. This was previously identified as an area of interest and with this new data has now evolved into our prime target at Opinaca. All the HMC samples containing notable gold grain counts in the area occur along or just down-ice from this 7km-long target, further supporting the trend. Pristine gold grains make up 25-50% of the grains counted in many of these samples, suggesting a short transport distance. Our team is excited to be heading back to Opinaca in just a few weeks to further refine the target and plan for a future drill program. With at least 7km of strike length of overlapping gold in fine fraction till and gold grains in HMC sampling, our team believes this trend offers a lot of opportunity and potential for future gold discovery.”

Targa’s Opinaca project in in the James Bay region of Quebec saw a 5km x 4km gold-in-till anomaly discovered in late 2023. Targa acquired 100% ownership of the Opinaca Project from Kenorland Minerals in December 2022. As experts at gold-in-till anomalies, Kenorland remains the operator of the project to the benefit of Targa shareholders. The June 2024 exploration program has concluded and the company is planning to commence a Sept 2024 work program shortly.

0:00 Intro 0:42 Opinaca project recap 1:47 Exploration goals 2:13 “Possible gold bedrock source” 4:46 Next stage of exploration 6:02 Drill program 2025 7:52 Kenorland’s thoughts so far? 11:28 Eastern gold till anomaly 12:48 Treasury & future funding 14:16 Share price 15:29 Lithium projects 16:09 Upcoming news flow

Targa Exploration Corp. tickers: CSE: TEX | FRA: V6Y | OTCQB: TRGEF

Press release discussed: https://targaexploration.com/targa-issues-shares-to-complete-property-acquisitions-2/

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