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href="http://www.actonsoftware.com/acton/ct/1523/s-00b3-1202/Bct/l-0002/l-0002:15bcd/ct1_0/1"><img alt="Tajiri Resources Corp. (TSX-V: TAJ)" src="http://www.infostockbiz.com/images/TAJ_logo.jpg" height="184" border="0" width="750" /></a><center><span style="font-size: 12pt;"><b>Revisions and Clarification - Tajiri reports grab samples up to 8593.5 g/t silver and 8.20 g/t gold associated with high grade lead-zinc, and identifies five polymetallic soil anomalies at its Inca Property</b></span></center>
<p align="left"><b>Tajiri Resources Corp. (TSX-V: <a
id="ct2_0"
href="http://www.actonsoftware.com/acton/ct/1523/s-00b3-1202/Bct/l-0002/l-0002:15bcd/ct2_0/1">TAJ</a>)</b>is pleased to announce receipt of results for its multi-element analyses and precious metal assays generated from its Phase 1 exploration program on its Inca silver-lead-zinc (Ag-Pb-Zn) property located in the Mayo Mining District, Yukon Territory.</p>
<p align="left">The Company began its Phase 1 exploration program immediately upon TSX Venture exchange approval announced on August 29, 2011. The soil and rock sampling, in conjunction with geological mapping and prospecting, was conducted to explore the principal structural trends of known anomalous Ag-Pb-Zn-Cu-Au-As-Sb metal values associated with galena, siderite and quartz veins on the property.</p>
<p align="left">A total of two hundred and fourteen (214) soil samples and sixty-six (66) rock samples were collected from bedrock outcrops, float, surface trenches and bulk sampling pits, the latter including grab and chip samples extracted fresh from the pit face and from sulphide-rich mineralization stockpiled from the historical work. Samples included high grade galena and sphalerite-rich mineralization, generally associated with pyrite, arsenopyrite, malachite, siderite and/or quartz. Barren to weakly mineralized sandstones, siltstones, and graphitic argillite, with and without quartz-siderite veinlets were sampled for background alteration and geochemical parameters.</p>
<p align="left">Grab and chip sampling from the pit faces confirmed the high grade Pb-Zn content reported from the historical samples and analysis of the stockpiled samples, and also the Au-Ag-As association in the INCA 10 pit, noted for the highest gold values identified on the property. The base metal ratios exhibited considerable variation from Pb-rich to Zn-rich, and Ag content generally parallels Pb values. Anomalous arsenic (As) and antimony (Sb) (>10,000 ppm) characterize samples with tetrahedrite and/or arsenopyrite associated with the base metals, silver and gold.</p>
<p align="left">The rock assays and geochemical analyses were highly anomalous with values up to 8,593.50 g/t silver (Ag), up to 8.202 g/t gold (Au), to 80.27% lead (Pb), up to 19.9% zinc (Zn), and copper (Cu) up to 7,405 ppm. These high grade results commonly exceed the reported metal values from the 1980’s, based on the large tonnage sampling programs. It must be noted that grab samples are highly selective by their nature and are not expected to be representative of average grades within the mineralized intervals.</p>
<p align="left">Of the sixty-six samples, the majority (41) represent strongly mineralized material as follows: 37 samples >10,000 ppm Pb, 18 samples >10,000 ppm Zn, 33 samples >100 ppm Ag and 6 samples >1 g/t Au. The least altered background (10) and weakly to moderately mineralized (15) grab samples contained a range of values from the levels noted above down to 27.5 ppm Pb, 2 ppm Zn, 0.28 ppm Ag and The following tabulation represents the most significant results for Pb, Zn, Ag and Au mineralization.</p>
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<td><b>Sample #</b></td>
<td><b>Au g/t</b></td>
<td><b>Ag g/t</b></td>
<td><b>Pb %</b></td>
<td><b>Zu %</b></td>
<td><b>Zn ppm</b></td>
<td><b>As ppm</b></td>
<td><b>Cu ppm</b></td>
<td><b>Sb ppm</b></td>
</tr>
<tr>
<td class="first">30501</td>
<td>0.17</td>
<td>8593.5</td>
<td>47.57</td>
<td></td>
<td>5737</td>
<td>683.9</td>
<td>6308.9</td>
<td>9153.45</td>
</tr>
<tr>
<td class="first">30504</td>
<td>0.246</td>
<td>129.6</td>
<td>3.98</td>
<td>19.9</td>
<td align="left">>10000</td>
<td>247.4</td>
<td>88.6</td>
<td>131.8</td>
</tr>
<tr>
<td class="first">30511</td>
<td>8.202</td>
<td>1065.5</td>
<td>4.81</td>
<td></td>
<td>512</td>
<td align="left">>10000</td>
<td>622.1</td>
<td>1082.42</td>
</tr>
<tr>
<td class="first">30512</td>
<td>2.642</td>
<td>227.3</td>
<td>0.489</td>
<td></td>
<td>385</td>
<td align="left">>10000</td>
<td>612.4</td>
<td>427.19</td>
</tr>
<tr>
<td class="first">30513</td>
<td>0.721</td>
<td>2093.8</td>
<td>0.718</td>
<td>7.53</td>
<td align="left">>10000</td>
<td>5349</td>
<td>7087.9</td>
<td>2943.12</td>
</tr>
<tr>
<td class="first">30516</td>
<td>1.051</td>
<td>848.3</td>
<td>9.14</td>
<td>7.07</td>
<td align="left">>10000</td>
<td align="left">>10000</td>
<td>1306.5</td>
<td>944.57</td>
</tr>
<tr>
<td class="first">30517</td>
<td>0.113</td>
<td>2361.2</td>
<td>9.54</td>
<td></td>
<td>8520</td>
<td>174.6</td>
<td>3151.5</td>
<td>3406.41</td>
</tr>
<tr>
<td class="first">30520</td>
<td>0.023</td>
<td>82.44</td>
<td>2.37</td>
<td>17.56</td>
<td align="left">>10000</td>
<td>56.4</td>
<td>512</td>
<td>88.42</td>
</tr>
<tr>
<td class="first">30524</td>
<td>2.411</td>
<td>848.6</td>
<td>12.00</td>
<td></td>
<td>1047</td>
<td align="left">>10000</td>
<td>265.8</td>
<td>1033.87</td>
</tr>
<tr>
<td class="first">30525</td>
<td>0.036</td>
<td>2286.9</td>
<td>10.13</td>
<td></td>
<td>3581</td>
<td>26</td>
<td>257.4</td>
<td>2338.36</td>
</tr>
<tr>
<td class="first">30526</td>
<td>0.048</td>
<td>2219.5</td>
<td>12.08</td>
<td>1.71</td>
<td align="left">>10000</td>
<td>206.5</td>
<td>884.8</td>
<td>2517.23</td>
</tr>
<tr>
<td class="first">30602</td>
<td>0.057</td>
<td>3920.7</td>
<td>14.73</td>
<td></td>
<td>759</td>
<td>85.8</td>
<td>1089.1</td>
<td>4319.93</td>
</tr>
<tr>
<td class="first">30605</td>
<td>0.112</td>
<td>4985.7</td>
<td>10.57</td>
<td></td>
<td>1021</td>
<td>129</td>
<td>2084.3</td>
<td>3933</td>
</tr>
<tr>
<td class="first">30606</td>
<td>0.064</td>
<td>4689.5</td>
<td>9.07</td>
<td></td>
<td>456</td>
<td>49.1</td>
<td>930.3</td>
<td>4896.18</td>
</tr>
<tr>
<td class="first">30608</td>
<td>0.05</td>
<td>5713.2</td>
<td>9.38</td>
<td></td>
<td>21</td>
<td>38</td>
<td>1101.8</td>
<td>3820.85</td>
</tr>
<tr>
<td class="first">30618</td>
<td>1.018</td>
<td>187.4</td>
<td>7.02</td>
<td>1.27</td>
<td align="left">>10000</td>
<td>10.5</td>
<td>208</td>
<td align="left">>10000</td>
</tr>
<tr>
<td class="first">30623</td>
<td>0.486</td>
<td>3889.9</td>
<td>10.85</td>
<td></td>
<td>2061</td>
<td>428.7</td>
<td>4293.6</td>
<td>5625.11</td>
</tr>
<tr>
<td class="first">30624</td>
<td>0.419</td>
<td>1632.2</td>
<td>1.85</td>
<td></td>
<td>2238</td>
<td>1234.3</td>
<td>2908.7</td>
<td>3522.67</td>
</tr>
<tr>
<td class="first">30636</td>
<td>0.027</td>
<td>3439</td>
<td>11.12</td>
<td>1.56</td>
<td align="left">>10000</td>
<td>307.8</td>
<td>7405.6</td>
<td align="left">>10000</td>
</tr>
<tr>
<td class="first">30638</td>
<td>0.018</td>
<td>3783.1</td>
<td>80.27</td>
<td>1.91</td>
<td align="left">>10000</td>
<td>255.7</td>
<td>6415</td>
<td align="left">>10000</td>
</tr>
<tr>
<td class="first">30639</td>
<td>0.013</td>
<td>605.1</td>
<td>11.93</td>
<td>4.87</td>
<td align="left">>10000</td>
<td>82.4</td>
<td>384.4</td>
<td>863.39</td>
</tr>
</tbody>
</table>
</center>
<p align="left">The initial surface sampling program comprised B horizon soils collected adjacent to known trails and following several topographic contours transecting the generally E-W striking metasedimentary units and peripheral to the known Inca surface pits, several historical geochemical anomalies and prospecting occurrences. The samples were located on and surrounding the BUCK1-6 claim group, in part on the forty-four (44) newly staked claims announced in the news release dated October 13, 2011.</p>
<p align="left">The soil geochemical analyses provided encouraging results with elevated levels of silver (Ag) up to 51.5 ppm, gold (Au) up to 341.5 ppb, lead (Pb) up to 6,552 ppm, zinc (Zn) up to 1,698 ppm, copper (Cu) up to 378.9 ppm and arsenic (As) to greater than 10,000 ppm. The soil anomalies occur in five areas over a strike of up to 2.4 kilometres and a width of up to 800 metres that intersect two pits and oriented parallel to major NE lineaments associated with iron carbonate (siderite) and westerly-dipping Au-Ag-As-Pb-Zn mineralization identified in the INCA 10 pit. The results confirm the requirement for further exploration between, and extending east and south from, the known bulk sampling pits and trenches.</p>
<p align="left">Tajiri Resources President Albert (Rick) Timcke commented, "The high values from these analyses confirm the high historic silver and lead values discussed in the NI 43-101 technical report and point to more mineralization that was previously unknown on the property. The Company is now looking forward to an aggressive exploration program during the 2012 field season which will expand on these results and take us to a drilling stage. We expect to begin as soon as permits are in place and the weather permits."</p>
<p align="left">Tajiri Resources is well funded and plans to resume exploration on the Inca property in early 2012. Work will focus on target generation, and definition of structural features, alteration, geochemical zoning and mineralization to identify priority locations for the initial campaign of trenching and core drilling during the 2012 season.</p>
<p align="left">Greg Davison, M.Sc., P.Geo., provided project management and exploration services for the Phase 1 program, and has reviewed and approved the technical information within this news release. Greg Davison, M.Sc., P.Geo., is a qualified person as defined in NI 43-101.</p>
<p align="left">The Company submitted the soil and rock samples to two accredited commercial laboratories, ACME Labs for multi-element analysis of the soils, and Inspectorate for multi-element and precious metal analysis of the rocks. Soil samples were dried and sieved to -80 mesh size and analyzed for 36 elements (including gold) by Aqua Regia digestion, ICP-MS finish. Rock samples were crushed to 80% passing 10 mesh followed by pulverizing of a 250 gram sub-sample to 85% passing 200 mesh. A 30 gram portion was analyzed for gold by fire assay with AA finish. A 0.5 gram portion was analyzed for 50 elements by Aqua Regia digestion with ICP-MS finish. Over limits were analyzed for lead (>10,000 ppm), zinc (>10,000 ppm), silver (>100 ppm) and Au (>10 ppm). Ore grade lead, zinc and silver were analyzed by Aqua Regia digestion with AA-ICP finish. High silver (>1000 ppm) was reported by fire assay with gravimetric finish. Duplicates, standards and blanks were managed by ACME and Inspectorate as per their documented QC/QA protocols.</p>
<p align="left"><b>About Tajiri Resources Corp.</b></p>
<p align="left">Tajiri Resources Corp, is a Canadian junior exploration company with a 100% interest in 92 claims comprising the Inca property, a high grade silver-lead-zinc exploration property located in the Mayo Mining District, Yukon Territory, Canada. The Company also holds an 80% interest in the Gateau uranium and rare earth group of claims in the Otish Basin of Quebec. The Company has recently signed a joint venture with Arrowhead Resources to acquire up to 51% working interest in the hard rock mining rights to the Kaburi Gold Property, Omai Mining District, Guyana, SA. The Company is awaiting completion of a NI43-101 property report on the Kaburi Gold Property.</p>
<p align="left">On Behalf of the Board,</p>
<p align="left">Tajiri Resources Corp.</p>
<p align="left"><b>"Albert (Rick) Timcke"</b> <br />President</p>
<p>These Massive Galena boulders containing high-grade Silver are found scattered throughout the Inca Project and range in size from the one shown here to the size of a Car motor.</p>
<p align="center"><img src="http://www.infostockbiz.com/images/taj_galenabolder.jpg" /></p>
<p align="center"><img src="http://www.infostockbiz.com/images/taj_incamap.jpg" /></p>
<p align="left"><small><i>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.</i></small></p>
<p align="left">This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.</p>
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