Tajiri Resources Corp. announced that it has been granted renewed tenure over the K4-K5 Prospect permit, a key part of the Company's 100% owned Reo Gold Project in Burkina Faso, West Africa. On September 26, 2022, the Government of Burkina Faso, after processing requisite documents to allow the grant of the new Dassa Sud Ouest Permit, issued the Company an invitation to pay the permit issuance fee. The fee was duly paid by
the Company within the requisite 10-day period. Following the payment of the fee the issuance of the Permit's arretT and related paperwork is now an administrative process, and the Company is free to conduct exploration and
prospecting operations within the area of the Dassa Sud Ouest Permit. Tajiri expects the arretT and related paperwork to be issued in due course. The new Permit is effectively a re-issue of the Company's Dassa Sud Permit of approximately 22.73 km(2) which had expired May 4, 2021, the new Permit has a full term of 3 years and is renewable for a further two 3-year periods. The Dassa Sud Ouest Permit covers a substantive portion of the K4-K5 prospect where historic RAB, RC and diamond drilling returned numerous significant intersections such as: 44m @ 1.5g/t; 12m @ 4.1g/t; 12m @ 5.0g/t; 32m@ 1.6g/t; 4m @ 16.2g/t; 4m @ 8.5g/t; 36m @ 1.3g/t; 3m @ 16.8g/t;
20m @ 1.7g/t; & 8m @ 4.7g/t. In addition, between November 2020 and May 2021 the Company conducted 18,650m of auger drilling at the K4-K5 prospect but has not released these results to market while tenure was being renewed. Results of the aforementioned auger drilling shall be released to market over the next several days and the Company looks forwarded to recommencing substantive exploration at the K4-K5 prospect in the near future.