Profile

Tamaka Gold Corporation is an advanced stage gold exploration company with projects in Ontario, Canada. The company’s lead project is The Goldlund Project which is located in the North-Western part of the province and is situated in a well established mining region.

Properties

Goldlund Deposit:
Tamaka Gold Corporation, through its subsidiary Goldlund Resources Inc., holds a 100% interest in a substantial land package, the Goldlund property, in Northwestern Ontario comprising 268 claim blocks comprised of 2,913 claim units covering approximately 46,608 hectares (ha). It covers over a 30 kilometre strike length of volcanics and felsic intrusive rocks known to host Archean lode gold mineralization.

The infrastructure is excellent as the claim group straddles the Ontario Provincial Highway 72 and is located approximately midway between the towns of Dryden to the southwest and Sioux Lookout to the northeast. There are commercial airports located in both centres of population. The property is 20 km north of the junction with Highway 17 (Trans-Canada Highway) and power lines, the CPR and CNR rail links and an adequate work force are all nearby.

The Goldlund Block contains the Goldlund Deposit, which was described in a 2010 Technical Report (McCracken, 2010). The Goldlund block consists of 34 claims totalling 2,462 ha. Included are six patented claims and three leased units that were acquired from Goldlund Mines Ltd. The patented claims are subject to a 1% Net Smelter Return (NSR) royalty payable to Goldlund Mines Ltd. Tamaka has the right to buy back 50% of the NSR for $300,000.

Fifteen staked-claim blocks comprised of 107 claim units are held 100% by Goldlund Resources Inc., a wholly owned subsidiary of Tamaka. The balance of the area, which is composed of ten claim blocks comprised of 36 claims totalling 583 ha, were optioned from an arm’s-length vendor (the Vendors), through Goldlund Resources. Under the terms of the agreement, the claims are subject to a graduated 1% to 2% NSR. Tamaka has the right to buy-back 50% of the NSR for $500,000.

Rundle Swayze:
Tamaka Gold Corporation has a 100 percent interest in three properties, the South Rundle, the North Rundle and the Swayze, collectively called the Rundle-Swayze Project. The properties are located about 110km to the southwest of Timmins and about 70km to the south of the town of Foleyet, Ontario. Both the South Rundle and Swayze properties can be accessed by all season gravel road from Highway 101. Although there is no direct access road to the North Rundle property, the South Rundle access road does pass about 1 mile east of the property and allows local but restricted access to the eastern portions of the property via rough bush trails.

The properties are situated in the western portion of the Abitibi Subprovince of the Superior Province of the Canadian Shield. The same suite of Abitibi rocks that are host to the gold deposits at Timmins, Kirkland Lake and Val d’Or extend into vicinity of the Rundle-Swayze properties.

The South Rundle Property:
The 324.3 hectare South Rundle property is located on the border of Newton and Dale Townships within the District of Sudbury. The property is comprised of 3 patented claims. Ownership of the South Rundle is held free and clear of any encumbrances or agreements.

The property is underlain by a south facing, north to south sequence of mafic pillowed flows, intermediate pyroclastics, mafic tuffs and greywackes, an ultramafic flow and fine grained mafic flows. Two feldspar porphyries intrude the mafic and ultramafic flows in the central and southwest portions of the property. The main South Rundle deposit is associated with the easternmost porphyry. The sulphide-hosted gold mineralization is associated with a red, hematite alteration and silicification and is most prevalent proximal to the feldspar porphyry intrusive.

Swayze Property:

The Swayze (Orofino Mine) property is located on the border of Silk and Horwood Townships within the District of Sudbury, approximately 12km north of the South Rundle property. The 462.8 hectare Swayze property is comprised of 27 patented mining claims and one leased claim. There is an N.S.R. of 2.0% which applies to all ore mined from four claims (S38944, S38945, and S38946 & S38963) below the 400-foot horizon.

The property is underlain by a sequence of rocks which young from the oldest rocks of andesite volcanic breccia, rhyolite, greywacke, tuff agglomerate, diorite, feldspar porphyry, lamprophyre, to brown dyke intrusive. The host of the gold mineralization is the Orofino Stock which is composed of an ovoid mass of diorite and related rocks. This sill-like body measures some 300m thick and strikes north to NNE for approximately 1100m subparallel to gross layering of the surrounding mafic flows.

Gold mineralization is concentrated in the upper 100m of the diorite and confined to an east-west striking quartz vein system which appears to follow two major parallel striking fracture sets with north or south dips commonly varying between 30° -45°. Gold tenor reaches the highest values where conjugate mineralized zones intersect. The gold bearing zones are cut by a swarm of parallel but south dipping feldspar porphyry dykes. On a small scale, gold values are generally proportional to pyrite content. Where base metal sulphides accompany the pyrite, gold assays are significantly higher.

Office Address

Tamaka Gold Corporation
401 Bay Street, Suite 2702
The Simpson Tower
Toronto, ON
M5H 2Y4

Phone: 416-477-1047
Fax: 416-304-9787

www.tamakagold.com/

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