Trillium Gold (TSXV: TGM) this morning released drill results from its recent program conducted at its Newman Todd property, located south of West Red Lake Gold (CSE: RLG). Results released this morning consists of four assays from the program, with highlight values of 15.41 g/t gold over 7.05 metres are a depth of 226 metres downhole.
The drill results come from the Newman Todd zone, which is where the entire 3,186 metre drill program is believed to have been conducted. The results from the first assays conducted were strong enough that the company plans to recommence drilling, which is expected to begin shortly.
Trillium’s Newman Todd zone is 2.2 kilometres in length and up to 200 metres wide, with the trend notably running on to West Red Lake’s property, where the zone is referred to as the NT Zone. Currently, five assays remain pending from the drill program, however the company notes that they had been targeting the footwall to the southeast and may potentially have undercut much of the targeted zone.
The company also notes that almost all drilling has been to depths of less than 400 metres, whereas the Red Lake district is known for high grade mineralization being present at depth. Future drilling on site will focus on testing various drill orientations to develop “a comprehensive understanding of the mineralization and structural controls and test the depth potential of the Newman Todd Zone.”
Trillium released extensive drill data, as follows.
|Hole Number||FROM (m)||TO (m)||WIDTH (m)||Au (g/t)|
Trillium Gold last traded at $1.77 on the TSX Venture.
Information for this briefing was found via Sedar and Trillium Gold Mines. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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