Trillium Gold Begins Exploration On Confederation Belt Properties

Trillium Gold Mines (TSXV: TGM) this morning announced that it has begun additional field work on its properties in the Red Lake, Ontario region. The firm has begun the exploratory work on its Confederation greenstone belt properties, with the field work spanning 65 kilometres of gold and base-metal prospective ground.

The field work to be conducted is set to take place on several of the properties held by Trillium, including Confederation Belt, Karas Lake, Moose Creek, Copperlode West, and the Caribou Creek properties. The properties are reportedly highly prospective and attractive for gold following the success seen by Great Bear Resources’ at its Dixie Project, which is also located within the greenstone belt.

Exploration work is said to include soil sampling, prospecting, rock sampling, mapping, and airborne magnetic surveys. This exploration work is expected to produce and refine targets, with the programs expected to lead to a phase two program later in the year which is to include the drilling of targets.

“Our strategy to consolidate the Red Lake Gold Camp and acquire 100% ownership along the majority of our 55,000-hectare land assemblage in the Confederation greenstone belt, gives Trillium Gold a district-scale advantage.  With the potential to host “LP Zone” style gold mineralization, our active exploration programs both grassroots and drilling proximal to world-class operations make for a very exciting year.”

Russell Starr, CEO of Trillium Gold

Trillium Gold last traded at $1.12 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

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

SKRR Exploration Completes First Phase of Fieldwork At Olson, Drilling Planned For Fall 2020

SKRR Exploration (TSXV: SKRR) has completed its phase one field work program at its 75%...

Monday, July 27, 2020, 09:43:56 AM

Deep Dive Gold Series: Great Bear Resources Is Hitting Gold Bugs Where They Live

With widespread inflation-anticipation driving a bull market in gold, the TSX Venture exchange is building...

Friday, May 15, 2020, 08:34:58 AM

Osisko Gold: Haywood Upgrades Price Target From $19.75 to $22.25

Osisko Gold Royalties (TSX: OR) (NYSE: OR) provided an update on their deliveries received this...

Friday, July 10, 2020, 03:36:35 PM

Air Canada Sued By Brinks Over $20 Million Gold Heist

Brink’s is suing Air Canada for nearly $20 million over an alleged theft of gold...

Friday, October 13, 2023, 02:14:00 PM

Foreign Countries Reducing US Treasuries, Opt for Gold Reserves

As the vast majority of the global economy was shut down in response to the...

Tuesday, June 16, 2020, 05:47:00 PM