Trillium Gold Mines (TSXV: TGM) has finally received the last of its drill results from its 2020 drill program. The program, conducted at its flagship Newman Todd property in the Red Lake Gold Camp, saw a total of 6,081 metres drill via 16 holes, and was the first program conducted since 2013 on the property.
Results released this morning consisted of the final four drill holes that remained outstanding, which represented a total of 1,862 metres. A number of highlights from the drill program were selected by the company, with results including:
- NT20-176: 8.85 g/t gold over 1.0 metre
- NT20-178: 11.02 g/t gold over 2 metres
- NT20-179: 36.63 g/t gold over 1.0 metre, 8.89 g/t gold over 1.0 metre, 12.07 g/t gold over 1.0 metre
The program as a whole was viewed as a success by the company, with the results validating the firms understanding of the NT Zone, while providing the data required for future drilling.
Three of the holes released this morning, NT20-178 through to NT20-180, were designed to target the NT Zone corridor in the northeast portion of the property to expand previously modeled mineralization. Drilling in this area is expected to expand historical resources, with multiple areas of mineralization being intersected in each hole. NT20-176 meanwhile was focused on targeting the central area of the NT Zone.
“Drilling at Newman Todd continues to deliver gold even as we step towards the northern boundary. These results have aided us significantly in our reinterpretation of the structures controlling mineralization within the NT Zone and have helped with the new modeling, which is directing our current drilling.”
Bill Paterson, Trillium Gold’s Vice President of Exploration.
The company this morning also indicated that its large backlog of samples at the analytical lab has now been rectified. As a result, overdue results from the ongoing 2021 drill program are now beginning to be received as well.
Full drill results released this morning can be found here.
Trillium Gold last traded at $0.92 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.
