Tashota Resources
- 100% interest in Hemlo West (6,369 acres)
- 50% interest in Hemlo South (7,274 acres)
- 100% interest Hemlo North property (4,924 acres)
- 100% interest in the Hemlo area Black River Claims (3,443 acres)
- 100% interest in the Hemlo area Cirrus Lake Claims (12,589 acres)
- 100% interest in the LaRose property (11,177 acres)
- 50% interest in the Echo Ridge property (5,255 acres)
- 100% interest in a Beardmore-Geraldton property (9,566 acres)
Hemlo West and South are adjacent to Barrick Gold’s Hemlo operation and Barrick is currently drilling just 1,100 metres from TRI’s Hemlo West property along two known shear zones. Hemlo North is just north of Barrick’s Hemlo property, the Black River Claims are adjacent to Hemlo West and the Cirrus Lake claims are northwest of Barrick’s mines.
The Larose and Echo Ridge properties are both in the prolific Shebandowan Greenstone Belt, which includes Goldshore Resources’ 3.2 million oz Au Moss Lake property.
TRI’s Beardmore-Geraldton property has a current NI 43-101 deposit containing 260,000 tons @ .241oz./Au (68,900 ounces); surface rock grading 8,000 tons @ .12 oz./Au (approximately 1,100 ounces); and a drill hole (W13-02), which contains 8.226 g/t Au over 8.70 metres, including 3.90 metres averaging 15.675 g/t Au, including 1.35 metres averaging 31.283 g/t Au, including 0.45 metres of 55.346 g/t Au.
Capital Structure as at 6/13/2022
Shares Outstanding
94,474,101
Warrants Outstanding
17,320,000
Fully Diluted Shares
111,794,101
Capital Raised to Date
$5,989,156
Long Term Debt
Nil
Number of Shareholders
631
Interbanc Capital Corp.
1.4%
Charles J. Elbourne
3.1%
Family & Friends
37.3%
Retail Investors
30.8%
Institutional Investors
17.2%
Exchanged For Property Rights
Note:
The institutional shares are held by Crescat Capital. TRI issued this press release in conjunction with Crescat’s first investment in TRI and this press release after its second investment in TRI related to a flow-through share donation transaction.
10.1%
Management & Advisory Team
Charles Elbourne, MBA
President & CEO
Jon Li, CPA, MBA
CFO
Quinton Hennigh, PHD (GEOLOGY & GEOCHEMISTRY), P.GEO
Technical Advisor
Rodney Barber, B.SC., P.GEO
Director
Linda Kennard
Director
Russell Kwiatkowski
Director
Gerry D. White, P.GEO., B.SC.
Advisor
Ikram (Ike) Osmani, MSC., P.GEO
Advisor
Colin Bowdidge, PH.D., P.GEO
Advisor
Victor Hugo, CPA, CMA
Advisor
David Malouf
Advisor