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Tarku Resources Ltd (OTCQB:TRKUF) announced promising results from its 2021 drill program at the Silver Strike Project in Arizona. Significant findings include 720 g/t silver and 6.44 g/t gold in one drill hole. The lab results for 10 of 23 drill holes reveal a strong presence of high-grade silver, lead, and zinc, suggesting a large Carbonate Replacement system. The project shows geological similarities to the Hermosa project, previously acquired for $1.8 billion. Future exploration programs will focus on soil geochemistry and targeted drilling as more results are received.
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Tarku Resources Ltd (OTCQB: TRKUF) has begun trading on the Frankfurt Stock Exchange under the symbol 7TK and on the OTCQB in the US. This provides the company with an opportunity to expand its investor base beyond Canada, enhancing liquidity amid a strong precious metals market. Additionally, Tarku clarified details regarding its Silver Strike Transaction, stating it can earn up to a 75% interest in mineral claims over three years with specific financial and operational commitments.