Trillium Gold Intersects 16.1 G/T Gold Over 3.9 Metres At Newman Todd

Trillium Gold Mines (TSXV: TGM) is the latest junior gold exploration firm to report drill results this morning, with the company reporting results from its flagship Newman Todd property located in the Red Lake Gold camp of Ontario. Highlight results from this morning include an intersection of 16.1 g/t gold over 3.9 metres.

The latest drill results saw visible gold within three of the five holes reported this morning, including the highlight result. The company continues to hit high grade gold within its exploration, with mineralization having been found in every drill hole conducted to date.

Nine drill holes have been completed thus far, total out at 3,823 metres of drilling. Further drilling is to resume this month on the property, with a total of 25,000 to 35,000 metres of drilling planned for the Rivard, Newman Todd and Gold Centre properties.

A number of results were highlighted by the company from the latest assays, including:

  • NT20-165: 2.0 g/t gold over 11.2 metres, 2.19 g/t gold over 13.87 metres within the centre of the project area
  • NT20-173: 16.1 g/t gold over 3.9 metres within a silicified sulphide breccia zone
  • NT20-174: 124.66 g/t gold over 0.24 metres, 2.41 g/t gold over 9.18 metres and 1.69 g/t gold over 15.31 metres at depth
  • NT20-175: 49.56 g/t gold over 0.3 metre with large visible gold
Figure 3: Geologic map of Red Lake including producing and past producing mines, mineral prospects, as well as the Red Lake Greenstone belt, geology and alteration packages. (CNW Group/Trillium Gold Mines Inc.)

Full drill results released by the company this morning can be found here.

Trillium Gold last traded at $1.35 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.

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