Latest update April 28th, 2026 12:30 AM
Apr 27, 2026 News
(Kaieteur News) – Junior Canadian miner Tajiri Resources Corp. has reported an expansion of gold mineralisation at its Yono Project in Region Seven (Cuyuni-Mazaruni), Guyana.
The company announced new trenching results pointing to a widening zone of gold-bearing rock in close proximity to major existing deposits.
The Yono property consists of one mining permit covering 122 hectares (301 acres). Tajiri said it extended mineralisation in trench YTR16 from a previously reported 20 metres at 1.4 grams per tonne (g/t) gold to 32 metres at 1.1 g/t gold, within a broader 50-metre interval grading 0.7 g/t gold.
According to Tajiri, trench YTR16 was extended by 80 metres to the south, bringing its total length to 100 metres. The company said the mineralisation is hosted in quartz-carbonate veins within folded sedimentary rocks, a geological setting similar to nearby discoveries. It added that the orientation of the mineralised structures suggests potential for further expansion both along strike and at depth.
Previous trenching at the project has also returned higher-grade results, including 19 metres at 4.6 g/t gold from trench YTR4, located about 400 metres south of YTR16, indicating the possibility of a broader mineralised zone.
Within a two-kilometre radius of Yono, there are three known deposits with Mineral Resource Estimates (MRE), G2’s Oko Main Zone and Ghanie to the north and east, and GMIN’s Oko West to the south – also controlled by Canadian firms. Tajiri highlighted that the adjacent properties held by G2 Goldfields Inc. and G Mining Ventures Corp. together host an estimated 7-million ounces of indicated and inferred gold resources.
Executive Chairman Dominic O’Sullivan said the latest results continue to demonstrate the project’s growth potential, noting that the width of mineralisation encountered is highly significant and may point to the extension of the same mineralising system responsible for nearby deposits.
“Such a substantial width of gold mineralisation is highly significant and a strong indication that the same large mineralising system that has given rise to the proximal Oko Main, Ghanie and Oko West deposits is present extends into and through Yono,” he said.
Moreover, the company also disclosed that additional trenching is ongoing to the east, west and south of YTR16 as it seeks to better define the extent of the mineralised zone.
Kaieteur News had reported that Guyana’s mineral wealth continues to attract significant foreign investment, with Tajiri Resources being one of several Canadian mining companies collectively controlling millions of ounces of gold across various stages of development. These projects, spanning multiple mining regions, are advancing through exploration, feasibility studies, and permitting.
G Mining Ventures recently made a move to acquire G2 by entering into a definitive agreement valued at approximately US$2.2 billion (C$3 billion).
The 4.64 million ounces Oko West Gold Project was added to GMIN’s portfolio back in 2024. The newest acquisition, will see GMIN and G2’s neighbouring properties merged into a single mining hub with a combined 7-million-ounce gold resource base, including 2.3 million ounces in measured and indicated resources and inferred resources. The combined development is expected to produce more than 500,000 ounces of gold annually over its life, with Oko West contributing approximately 350,000 ounces per year and Oko-Ghanie adding an estimated 228,000 ounces annually. This level of output is expected to create a large-scale, low-cost tier-1 gold mining hub in one of the most prospective emerging gold districts in the world.
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