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

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

The Gold Bull Market Just Got Real! | Alexandra Woodyer-Sherron – Empress Royalty

Alexandra Woodyer-Sherron, CEO of Empress Royalty Corp. (TSXV: EMPR), shares her perspective on current gold...

Saturday, July 19, 2025, 12:23:00 PM

Gold Mountain: The First Mining Permit in BC In Nearly A Decade – The Daily Dive

Joining us on the Daily Dive for the first time is Kevin Smith, CEO of...

Tuesday, November 2, 2021, 01:30:00 PM

Monarch Gold Upsizes Bought Deal To $10.0 Million

Evidently demand for Quebec based gold explorers is quite high. Monarch Gold (TSX: MQR) this...

Tuesday, August 25, 2020, 01:17:00 PM

Silvercorp Bids To Take Over Australian Gold Producer OreCorp

Canadian mining firm Silvercorp Metals Inc. (TSX: SVM) has entered into a binding scheme implementation...

Monday, August 7, 2023, 08:02:51 AM

West Red Lake Announces $1.5 Million Flow Through Financing

West Red Lake Gold Mines (CSE: RLG) this evening announced a financing for gross proceeds...

Monday, August 24, 2020, 04:37:14 PM