VANCOUVER, Feb. 10, 2015 /CNW/ - TANZANIA MINERALS CORP. (the "Company" or "TZM") (TSX-V: TZM.V) (FRANKFURT: TM0.F) is pleased to provide an update regarding its work programmes at Igurubi.
TZM Team returns to the Field
James Walchuck, Chairman of Tanzania Minerals Corp. stated, "We are pleased to announce that the team has returned to the field following the Christmas break and has already completed the preliminary rock and soil sampling programme. The programme focused on the recently acquired licences HQ-P28715 and HQ-P28716, both of which are contiguous with Igurubi. The initial results show the vein systems we know from Igurubi could possibly extend into these newly acquired licences."
Exploration work on licences HQ-P28715 and HQ-P28716 included reconnaissance geological mapping, locating artisanal workings, and ground-truthing previous operator's field observations. A total of 2,822 soil samples were collected from 27 soil lines, equivalent to 125 line kms, adopting a 50 m by 200 m grid pattern covering the southeastern extension of the Igurubi mineralized structure. All of the samples are currently being analyzed by a handheld XRF instrument to determine their multi-element geochemical signature. Based on the results of this study, a subset of the samples will be submitted to an accredited assay lab for low-detection level gold analysis.
Additionally, several rock samples from artisanal shafts and workings have been submitted to SGS Laboratories in Mwaza for gold analysis.
If favourable results are returned from the above work programmes, a detailed ground magnetics survey and surface trenching will be implemented.
The Company will provide updates on work completed on the Igurubi gold property as soon as results are obtained.
About Tanzania Minerals Corp.
Tanzania Minerals Corp. is an emerging junior exploration company trading on the TSX Venture Exchange. The Company has an extensive portfolio of projects in Tanzania. Additional information on Tanzania Minerals Corp., including technical reports and other public documents are available on SEDAR at www.sedar.com or on the Company's website at www.tanzaniaco.com.
Dr. Sandy M. Archibald, PGeo, EurGeol, Consultant Geologist, Aurum Exploration Services, is the Qualified Person who supervised the preparation of the technical data in this news release.
On behalf of the Board of Directors of Tanzania Minerals Corp.
James Walchuck, Chairman
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward looking statements, including without limitation those relating to the Company's future operations and business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward looking statements.
SOURCE Tanzania Minerals Corp
For further information: Tanzania Minerals Corp., Kal Matharu, Tel: (204) 421-1999, Fax: (604) 669-3877, www.tanzaniaco.com