2016 - Tashota Resources

Company Update

2016-12-12T14:24:13+00:00

HEMLO

– TRI has now acquired over 22,000+ acres (100% optioned) of prospective claims in the Hemlo gold camp during 2014-2015-2016. Hemlo South is situated approximately 1,000 metres from Barrick’s Williams Mine and open pit. Hemlo West and Black River claims are situated approximately 2.9 kilometres west of the open pit and Hemlo North approximately 7.6 kilometres north of the pit. The latest addition, Hemlo Pinegrove, is situated approximately 12 kilometres north of the Williams Mine and pit.

Barrick Gold has been very active during 2015-2016 at Hemlo, including drilling and exploration. As a result there is renewed activity in the Camp with claim staking by some junior companies, including Canadian Orebodies, with Osisko Mining subsequently acquiring a 19.9% interest in Canadian Orebodies; bringing a more major player into the staking rush.

During August, TRI contracted Prospectair to conduct a 956 kilometre T-DEM airborne survey. This survey covered all of Hemlo West, Hemlo North and Hemlo Pinegrove. This airborne, confirmed previously interpreted shear zones outlined by Kaminak Gold.

LAROSE

– Situated 110 kilometres west of Thunder Bay in the Shebandowan Gold Camp, the Larose property includes the Larose Shear Zone (LSZ) which runs approximately 9 kilometres and probably another 4-5 kilometres through the Echo Ridge property which is 50% controlled by TRI. The combined properties cover approximately 11,500+ acres (including the Larose and Echo Ridge). There is a renewed interest in the area with Wesdome Mines (3,000,000+ million ounces Au) expanding their land position and Kesselrun Resources Ltd acquiring the Ardeen Mine property from Pele Mountain, which adjoins the Larose.

TRI controls the largest land position in the immediate area and has commenced drilling near the P1 Trench and Larose Trench. The first drill hole intersected an “unexpected” high grade gold bearing zone, including 5.65 grams of gold per tonne (g/T Au) over 3.00 metres from 42.00 to 45.00 metres downhole, including 0.50 metres of 27.69 g/t Au. If adjacent samples with lower gold contents are included, a section from 38.50 to 46.00 metres, averaged 2.84 g/t Au over 7.50 metres. TRI is presently performing additional exploration drilling to determine the extent of the Larose/T-Trench zone.

During August, TRI contracted Prospectair to perform a T-DEM airborne survey of approximately 811 kilometres, which was conducted after completing the Hemlo airborne. This airborne further outlined potential drill targets of interest.

Recent samples taken from backhoe and surface trenching from the P1 Trench, NW View Trench and T Trench, included 1.78oz and 2.5oz of gold.

OPINACA

– Situated in James Bay, Quebec; this area has drawn the attention of investment institutions since Goldcorp acquired the Éléonore (approximately 8-9,000,000 ounces Au) from Virginia Mines. TRI acquired a 50% interest in approximately 18,600 acres from Trincan Capital in 2014 and is presently in negotiations to acquire a 100% interest in 4,500 acres situated in the center of the 18,600 acres. An airborne T-DEM over 1,400 kilometres was conducted by Prospectair in 2012 which indicated potential good drill targets for winter drilling. The property is surrounded by Virginia Mines (now Osisko) and Goldcorp to the east, including Sirios and Beaufield. There is major exploration and development taking place in the Opinaca area, including Opinaca.

Recently, TRI completed sonar testing over the 18,000+ acre claim block, along with sampling.

The properties listed above have drawn attention from investment institutions and management discussions are ongoing with regard to financing the drilling and exploration program during the balance of 2016, with an aggressive exploration and drilling program to commence during the winter and spring 2017 season.

Management has commenced an offering of Units consisting of treasury and flow-through shares which is now available to shareholders and the public; presently restricted to “accredited investors” and institutions only. An Offering Memorandum is expected to be avaliable for additional investors during the first quarter 2017.

Tashota Resources Inc. (TRI) update on financings, work in progress, and announces strategic hire

2016-09-30T18:12:05+00:00

TRI is also pleased to report the following:

HEMLO –

Barrick Gold continues to explore and develop their Hemlo properties and TRI management believes that this endeavor by Barrick Gold is bringing, and will continue to bring, renewed interest in this famous gold camp which has produced over 21 million ounces. The Hemlo Gold Camp is located approximately 46 kilometres east of Marathon, Ontario.

TRI has recently signed an option agreement to acquire a 100% interest in approximately 3,200+ acres, namely “Pinegrove” and “Black River North”. This is in addition to the 100% optioned interest in the 18,000+ acres “Hemlo South”, “Hemlo West”, and “Hemlo North” claims. Total TRI claims in the Hemlo Gold Camp, located to the South, West and North of the Barrick Gold Williams Mine, now consists of 22,000+ acres making TRI one of the largest claim holders in the Hemlo Camp. The 3,300 acre “Hemlo South” claims are approximately 1 kilometre from the Williams open pit and shaft.

TRI has recently completed a 250 kilometre T-DEM survey (by Prospectair) on the newly acquired 3,200 acre “Pinegrove” property.

TRI has recently completed a 794 kilometre airborne T-DEM survey (by Prospectair) of the “Hemlo West”, “Black River” and “Hemlo North” properties. This survey will help determine drill targets on these claims. Prospectair conducted a similar survey on the “Hemlo South” property shortly after TRI acquired the 3,300 acre claims in 2014.

Recently (August 18, 2016), Canadian Orebodies announced a financing of approximate net proceeds to the Company (Orebodies) of $5,607,691 and stated “the proceeds of the Financing will be used for the exploration and advancement of the Company's Hemlo property and for general working capital purposes.”

The next day (August 19, 2016) a major gold mining company, Osisko Mines Inc. (TSX: OSK) announced that they had acquired a 19.9% interest in Canadian Orebodies Inc. This is of particular interest to TRI since some of the new Orebodies claims surround the TRI northern Hemlo claims.

There appears to be the start of a new staking rush to acquire claims in the Hemlo Camp. TRI started acquiring Hemlo claims in 2014, with the view that once the price of gold bottomed, renewed interest would take place in major gold camps, and this has proven true for TRI properties in Hemlo, the Shebandowan Gold Belt and Opinaca/Éléonore Gold Camp in James Bay, Quebec.

LAROSE –

Situated in the Shebandowan Gold Belt, approximately 110 kilometres west of Thunder Bay, TRI’s Larose/Echo Ridge property consisting of approximately 16,000+ acres, is a promising exploration play with a history of high grade sampling and trenching (much of the past work performed by Freewest Resources Canada Ltd.). Better known as the Larose Shear Zone, or “LSZ”, the property hosts multiple trenching locations stretching over 9 kilometres that have produced high grade samples ranging - from southwest to northeast – “J&R” (up to 79.2 g/t Au), “Larose” (up to 64.9 g/t Au), “P1” (up to 371.9 g/t Au), “Snoopy” (up to 10.2 g/t Au), “Porphyry” (up to 3.9 g/t Au), “Northwest View” (up to 62.9 g/t Au), “Snake” (up to 6.9 g/t Au), “Sweetspot” (up to 13.4 g/t Au), “Button” (up to 8.0 g/t Au), “Pecker” (up to 6.8 g/t Au), and the “T trench” (up to 152.0 g/t Au).

Previous diamond drilling completed by Freewest at a number of locales along the LSZ to test the extent of high-grade surface mineralization at shallow depth provided good results including: 2.27 g/t Au over 5.00 metres (L03-04), 3.45 g/t Au over 2.74 metres (L03-05), 8.74 g/t Au over 2.00 metres (L03-06), 7.31 g/t Au over 1.80 metres (L04-09) and 1.95 g/t Au over 5.00 metres (L04-24).

TRI has recently staked an additional 4,300 acres extending Larose to the north east and Echo Ridge to the south, bringing total acreage from the 12,000+ acres to the present 16,000+ acres.

Much like the Hemlo Camp mentioned above, there have been increased staking and/or a takeover rush by public junior resource companies in the immediate area of the Larose property. Kesselrun Resources Inc. (KES.V) (August 10, 2016) acquired the Pele Mountain (Ardeen Mine) property, adjacent to the Larose property. Previously, on May 27, 2016 Wesdome Gold Mines (TSX: WDO) announced the acquisition of Canoe Mining Ventures Corp.’s interest in the Coldstream Project and the Hamlin Property, both properties situated north-east and adjacent to the Wesdome property.

Wesdome Gold Mines, a producing gold mining company operating for over 28 years; owns the 3 million ounce Moss Lake gold deposit, situated approximately 7 kilometres south of the Larose property.

TRI has recently completed an airborne T-DEM survey (by Prospectair) of approximately 760 kilometres on the Larose/Echo Ridge properties, resulting in new drill targets on these properties. In August TRI completed 5 drill holes situated near the Larose and P1 trenches. As announced in a previous report the first drill hole (LR16-01) intersected an “unexpected” high grade gold bearing zone, including 5.65 grams of gold per tonne (g/T Au) over 3.00 metres from 42.00 to 45.00 metres downhole, including 0.50 metres of 27.69 g/t Au. If adjacent samples with lower gold contents are included, a section from 38.50 to 46.00 metres, averaged 2.84 g/t Au over 7.50 metres.

LR16-02 cut the same high grade section as in hole LR16-01, with an assay of 5.37 g/t Au over 2.00 metres, including 19.37 g/t over 0.50 metres. A second zone was also present, with 4.33 g/t Au over 0.50 metres. LR16-03 cut 37.34 g/t Au over 0.50 metres from 14.75 to 15.25 metres. LR16-04 and LR16-05 did not hit a continuation of the high grade section which suggests it is not continuing to plunge to the south west. The main purpose of these drill holes was to determine the direction of the main shoots near the high grade zones.

TRI also recently completed approximately 15 kilometres of reworked roads throughout the LSZ in order to make the various high grade trenches more assessable for further ground work, prospecting, and determining drill targets for the Fall drill program. Recent surface grab samples from the “NW View Trench” returned values of; 26.06 g/t Au, 24.62 g/t Au, 33.88 g/t Au, 51.79 g/t (1.67 ounces) Au, 22.15 g/t Au, 46.41 g/t (1.49 ounces) Au, and 16.15 g/t Au.

TRI management wishes to thank the First Nations Elders who recently attended a smudging ceremony at the Larose property. TRI is a firm supporter of First Nation initiatives in the Shebandowan Gold camp. TRI also wishes to thank the geologists from the Ministry of Northern Development and Mines (MNDM) and the Geological Professor and students from Lakehead University, who visited the property and took samples at the “Sweetspot” and T trenches.

OPINACA –

Like the Hemlo and Shebandowan camps, the Opinaca area that hosts the Éléonore Mine owned and operated by Goldcorp Inc. continues to attract both major and junior mining companies including Osisko Mining. Many of the present companies in the area are producing excellent drill results or currently have drills turning, with recent activity by Sirios Resources (TSX-V: SOI), Eastmain Resources (TSX: ER), Azimut Exploration (TSX-V: AZM), and Goldcorp itself.

TRI has recently completed work requirements on its 50% interest in the 18,600 acre Opinaca, James Bay, Quebec property. Work consisted of sonar readings to determine water depth required for the winter drilling season, including surface grab samples taken along shore line areas of interest. The previous airborne T-DEM survey carried out on the property in 2012 shows multiple faults, fractures or shear zones cutting through the Opinaca intrusion. TRI is concentrating presently on the northern area of the claims where the previous survey provided interesting drill targets for a winter drill program.

Company Update

2016-08-03T14:24:13+00:00

Tashota Resources Inc. (TRI) is pleased to provide an update on recent activities:

HEMLO

– TRI acquired over 18,000+ acres (100% optioned) of prospective claims in the Hemlo gold camp during 2014-2015. Hemlo South is situated approximately 1,000 metres from Barrick’s Williams Mine and open pit. Hemlo West and Black river claims are situated approximately 2.9 kilometres west of the open pit and Hemlo North approximately 7.6 kilometres north of the pit.

Barrick Gold has been very active during 2015-2016 at Hemlo, including drilling and exploration. As a result there is renewed activity in the Camp with claim staking by some junior companies.

TRI has contracted Prospectair to conduct a 790 kilometre T-DEM airborne survey. This airborne will be conducted during the next week.

LAROSE

– Situated 110 kilometres west of Thunder Bay in the Shebandowan Gold Camp, the Larose property includes the Larose Shear Zone (LSZ) which runs approximately 9 kilometres and probably another 4-5 kilometres through the Echo Ridge property which is 50% controlled by TRI. The combined properties cover approximately 16,500 acres (including the Larose and Echo Ridge). Staking during the past month increased by 4,400 acres to the present 16,500+ acres.

There is a renewed interest in the area with Wesdome Mines (3,000,000+ million ounces Au) expanding their land position and Kesselrun Resources Ltd acquiring the Ardeen Mine property from Pele Mountain, which adjoins the Larose.

TRI has contracted Prospectair to perform a T-DEM airborne survey of approximately 760 kilometres, to be conducted after completing the Hemlo airborne.

OPINACA

– Situated in James Bay, Quebec; this area has drawn the attention of investment institutions since Goldcorp acquired the Elenore (approximately 8-9,000,000 ounces Au) from Virginia Mines. TRI acquired a 50% interest in approximately 18,600 acres from Trincan Capital in 2014 and is presently in negotiations to acquire a 100% interest in 4,500 acres situated in the center of the 18,600 acres. An airborne T-DEM over 1,400 kilometres was conducted by Prospectair in 2012 which indicated potential good drill targets for winter drilling to commence 2016. The property is surrounded by Virginia Mines (now Osisko) and Goldcorp to the east, including Sirios and Beaufield. There is major exploration and development taking place in the Opinaca area, including Opinaca.

Management has commenced an offering of Units consisting of treasury and flow-through shares which is now available to shareholders and the public; presently restricted to “accredited investors” only, while completing an Offering Memorandum expected in late August 2016.