Trillium Gold Hits 1.07 G/T Gold Over 52.3 Metres At Newman Todd

Trillium Gold (TSXV: TGM) this morning was one of many junior mining firms to report their latest assay results. The results however stand out, with the company indicating that the mineralization discovered to date is “more widespread than historically interpreted,” with the system found to be larger than previously believed.

Results released this morning come from both the Newman Todd and the adjacent Rivard property, both of which are located in the Red Lake region of Ontario. A total of 15 drill holes were released this morning, accounting for 6,708 metres in aggregate drilling. The highlights are summarized as follows:

  • NT21-185: 1.35 g/t gold over 17.6 metres
  • NT21-187: 7.5 g/t gold over 6.97 metres
  • NT21-188: 1.07 g/t gold over 52.3 metres
  • RV21-34: 25.23 g.t gold over 2.2 metres

The company has indicated that it expects to see additional potential in both the Rivard property and the Newman Todd property now that it has a better understanding of the geology, with the company expecting to now encounter high grades and more ounces of gold in future drilling.

“With this new understanding that the Newman Todd area is much more gold-endowed and the mineralizing system much larger and more integrated than previous operators had envisioned, further exploration will be focused on several high priority targets,” commented CEO Russell Starr on this development.

The company now intends to continue drilling the NT Zone, with a focused on expanding high grade mineralization and thereby the current resource with this new data, while also drilling the southwest extension of the property to further test mineralization. The firm also intends to conduct what it refers to as grassroots exploration east of the zone.

Elsewhere, the company identified that it is in the process of drilling the Gold Centre property, with the third drill hole currently in progress. Results from the first two holes remain pending.

The results published today follow last weeks announcement that the company acquiring additional claims along the NT Zone, for a total of 229 additional hectares of claims in the region.

Trillium Gold last traded at $0.75 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

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Exploits Discovery Identifies First High Priority Target Via GoldSpot AI Tech

Exploits Discovery Corp (CSE: NFLD) has identified its first high priority target as part of...

Thursday, January 14, 2021, 08:12:46 AM

New Found Gold Hits 70.65 g/t Gold Over 5.25 Metres At Golden Joint

New Found Gold (TSXV: NFG) this morning released further drill results from its ongoing exploration...

Thursday, January 6, 2022, 08:48:33 AM

Gold Lion Concludes Phase One Trenching Program At Robber Gulch

Trenching has been completed at the Gold Lion Resources (CSE: GL) Robber Gulch property near...

Thursday, November 12, 2020, 09:28:12 AM

Premier Gold Reports Q2 Production, Announces 40% Workforce Reduction At Mercedes

Premier Gold Mines (TSX: PG) reported its second quarter production results for its 40% owned...

Tuesday, July 21, 2020, 09:54:16 AM

West Red Lake Completes 3,187 Metre Drill Program At Flagship Property

West Red lake Gold Mines (CSE: RLG) has completed its ten drill hole drilling program...

Friday, August 7, 2020, 04:41:19 PM