Trillium Gold Begins Drill Testing Refined Structural Model At Newman Todd

Trillium Gold Mines (TSXV: TGM) has updated its structural model for its flagship Newman Todd property, located in the Red Lake gold camp of Ontario. The updated model has reportedly provided the company with numerous new drill targets that will assist in defining high grade mineralization and structural controls.

The revised structural model focuses on the influences of structures and high grade quartz veining that have been found in outcrops on both the Newman Todd, as well as the adjacent Rivard property. East/west trending structures have been modelled following study of initial mapping and satellite images, which reportedly correlates with results from past drilling on the property.

This modeling is to be used to influence the creation of a series of high-grade targets, referred to as grade shells, which Trillium will now test. The company is now working to drill test this model, with a fan of holes being targeted to test the perceived high grade structures and veining off azimuth from what is referred to as the bulk of historical drilling.

“These initial holes will confirm our interpretation of the high-grade intersections that were hinted in the historical drilling and will open up many more target zones up and down more than 2km of the NT Zone recognized on our property.”

Bill Paterson, Vice President of Exploration at Trillium Gold

Historical drilling on the property reportedly focused on testing the footwall of the structure, which is now known to be sub-parallel to gold.

Trillium Gold Mines last traded at $1.45 on the TSX Venture.


FULL DISCLOSURE: Trillium Gold Mines is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Trillium Gold Mines on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Canadian Gold Drills 19.5 g/t Gold Over 1.0 Metre At Lac Arsenault

Canadian Copper Secures Key Approval for Caribou Complex Acquisition

Related News

Dynacor Increases 2021 Revenues Guidance To As High As US$190 Million

Dynacor Gold Mines (TSX: DNG), whom is a gold processor with its primary operations based...

Wednesday, September 22, 2021, 08:20:25 AM

Exploits Discovery Extends Length Of Jonathan’s Pond Project Gold Vein

Initial exploration results were released by Exploits Discovery Corp (CSE: NFLD) related to its wholly...

Thursday, November 19, 2020, 08:22:24 AM

Exploits Discovery Acquires Property From New Found Gold

Exploits Discovery Corp (CSE: NFLD) has expanded its landholdings yet again, this time acquiring certain...

Thursday, December 10, 2020, 08:07:02 AM

Argonaut Gold To Begin Site Preparation Imminently At Magino Gold Property

Argonaut Gold (TSX: AR) had a notable update this morning for its Magino project, with...

Thursday, January 21, 2021, 07:52:18 AM

Is China Squeezing The Gold Market?

In response to recent trading price risks, the Shanghai Futures Exchange (SHFE) has implemented transaction...

Sunday, April 14, 2024, 11:25:00 AM