VANCOUVER, BC, July 18, 2024 /CNW/ – Tajiri Resources Corp. (the “Company”) (TSXV: TAJ) is pleased to announce that it has entered into an agreement, subject to shareholder and Exchange approvals, to purchase a vesting 65% interest in the Yono Property, Guyana, South America, in consideration of 40,000,000 shares of the Company.
Yono is located in close proximity to the central portion of a collective 5.2Moz @ 2.3g/t Au Indicated and 2.7Moz @ 2.5g/t Au of Inferred Resources1 (Figure 2) delineated by G2 Goldfields Inc. (TSX: GTWO) and Reunion Gold Corporation (TSX: RGD) at their respective Oko and Oko West Projects. At yesterday’s closing share prices, G2 and Reunion, had combined fully diluted market capitalizations of CDN$ 1.34 billion and estimated combined project EVs of CDN$ 1.16 billion, equating to a valuation of USD108 per ounce Au.
While Yono contains no defined resources, and has not seen any modern exploration, it is at its…
