- Seven drill holes completed to test southwest extension of
Newman Todd Zone and mineralized
vein system
- Multiple visual gold occurrences observed in a number
of quartz veins at surface and in core
- Possible parallel or structural repetition of Newman
Todd Zone in the southwest
VANCOUVER, BC, March 24, 2021 /CNW/ - Trillium Gold
Mines Inc. (TSXV:TGM) (OTCQB: TGLDF) (FRA: 0702) ("Trillium" or
the "Company") is pleased to provide an update on the drill program
underway on the 100%-owned Rivard property, located at the
southwest portion of the Newman Todd project. The Newman
Todd Zone (NT Zone) is currently a
2.2 km long and up to 200 metre wide structural target which is
situated in the Red Lake Gold Camp. Seven holes have so far been
completed for 3,484 metres since the start of the drilling in
early 2021.
The drilling on the Rivard property is expected to expand the
understanding of the continuity of the high-grade veining both
along strike and at depth on Rivard and into the Newman Todd
Structure, where previous shallow trenching revealed spectacular
visible gold (VG) (Figure 1) and the structural influence on
higher-grade intersections in the NT Zone.
Three holes tested the southwest extension of the NT Zone while
four holes began testing the lateral and depth continuity of the
high-grade veining as seen on surface and in the historical
trenches (Figure 1). With the early onset of thawing spring
temperatures, combined with a backlog in analyses, results from
only two holes have been received to date (Table 1). Drill sections
are included below as Figures 5 to 9.
Holes RV21-25 to RV21-27 were drilled in the southeast corner of
the Rivard property to test the southwest extents of the NT Zone
where it crosses through the corner of the Rivard lease. Breccias
of the NT Zone were intersected in both holes with the desired
sulphidized and magnetite-bearing sub-units prevalent.
RV21-25 was drilled at the far southwestern extension of the NT
Zone but did not hit the NT Zone breccias as historically mapped on
surface 200-300m to the northeast.
The interpretation is that the NT Zone does not continue to depth
in this area or there is a structural offset to the south. The
rocks encountered in the hole were mainly massive to weakly
foliated felsic tuffs with minor carbonate veining up to 20cm. The
best assay was 0.45m @ 2.75 g/t
Au.
Hole RV21-26 collared in NT Zone breccia and drilled through
137.8 metres of this with a second NT Zone horizon encountered from
342.6 to 484.7 metres. The upper NT Zone unit was a previously
unknown horizon.
Hole RV21-27 was located 50 metres back to obtain a full
intersection of this new northern band of the NT Zone. It
intersected this horizon from 160.5 metres to 435.4 metres. The
southern band was intersected from 459.3 to 481.4 metres. Both NT
Zone horizons contained varying sub-units of silicified,
sulphidized and magnetite-bearing breccias. Closer inspection of
the bottom of RV21-27 revealed sulphidized and brecciated sections
in the felsic tuffs warranting continuation of this hole at a later
date.
Four holes (RV21-24, RV21-28 to RV21-30) have been completed,
testing the orientation and continuity of the high-grade veining in
the central portion of the Rivard property. All the holes were
designed to test under and along strike of the historical
trenching. Lithology units encountered comprised mainly of quartz-
and quartz-feldspar porphyry with varying amounts of altered
ultramafic rocks. Numerous occurrences of VG have been noted in the
logging (Figure 3) with specks and blebs of VG mineralization
contained in 0.5 to 5cm quartz veins intruding all lithological
units. VG was noted in:
RV21-24
168.03m, 334.47m, 360.28m,
396.94m
RV21-28
20.42m, 79.7m
RV21-29
13.01m, 224.36m
RV21-30
41.4m, 54.3m
Bill Paterson, Head of
Exploration at Trillium Gold states: "Our first few holes on
the Rivard property testing both the southwest extension of the NT
Zone and under the historical trenches with the high-grade veining
have already been a success. Even with most assays yet to be
received, we have seen VG in a number of quartz veins associated
with the trenches and have intersected a possible parallel or
structural enhancement to the NT Zone in the southwest".
Table 1: Significant results from
Rivard property drilling
Hole
Number
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
NT21-24
|
5.6
|
6.6
|
1
|
1.33
|
NT21-24
|
38
|
39.05
|
1.05
|
1.90
|
NT21-24
|
106.17
|
108
|
1.83
|
3.18
|
NT21-24
|
212
|
213
|
1
|
3.38
|
NT21-24
|
221
|
222
|
1
|
1.60
|
NT21-24
|
296.42
|
297
|
0.58
|
1.77
|
NT21-24
|
337
|
337.58
|
0.58
|
2.81
|
NT21-24
|
350
|
351.47
|
1.47
|
1.30
|
NT21-24
|
511.5
|
512.5
|
1
|
1.21
|
NT21-24
|
176.56
|
177.2
|
0.64
|
2.74
|
NT21-24
|
247.4
|
247.85
|
0.45
|
2.75
|
All widths are
down-core lengths. Not enough information has been collected to
determine true widths.
|
Prior drilling on the NT Zone from 2013 and earlier had mostly
focused on testing the Zone by targeting the footwall with drilling
toward the southeast, now known to be sub-parallel to gold
mineralized veining and structures, potentially missing high-grade
intersections or undercutting much of the targeted zone. Newman
Todd is a highly prospective target with 41% of the 165 historic
drill holes having intervals of greater than 20 g/t gold over
various lengths. In addition, nearly all drilling has been
conducted to depths of less than 400 metres.
The Red Lake Camp is famously known for high grade gold
mineralization at depth, with Evolution Mining's Red Lake Gold Mine
currently reaching depths of several thousand feet. Trillium will
continue to test various drill orientations in order to develop a
comprehensive understanding of the mineralization and structural
controls and test the depth potential of the NT Zone. Figure 4
below shows the location of the Newman Todd Project as well as its
relative location to the nearby past producing mines within the Red
Lake Camp.
All drilling was supervised by Paul
Barc, PGeo. The drilling was conducted by Rodren Drilling
Ltd., of West St. Paul, Manitoba.
Drill core was logged and sampled in a secure core facility on
site. Core samples from the program were cut in half, using a
diamond cutting saw, and half cores were sent for analysis to the
SGS Laboratory in Red Lake, ON, an
accredited mineral analysis laboratory. All samples were analyzed
for gold using standard Fire Assay-AA techniques. Samples returning
over 10.0 g/t gold were analyzed utilizing standard Fire
Assay-Gravimetric methods. Duplicate assays of approximately 5% of
the samples were also obtained from the coarse reject of the
original sample. Selected samples with results greater than one
ounce per ton gold were also analyzed with a standard 1 kg metallic
screen fire assay. Certified gold reference standards and blanks
are routinely inserted into the sample stream, as part of Trillium
Gold's quality control/quality assurance program (QAQC) to monitor
accuracy and precision. No QAQC issues were noted with the results
reported herein. All drill intercepts reported are down-hole core
lengths, which does not necessarily represent true widths.
The technical information presented in this news release has
been reviewed and approved by William Paterson QP, PGeo, VP of
Exploration of Trillium Gold Mines, as defined by NI 43-101.
Visit our website at www.trilliumgold.com.
On behalf of the Board of Directors,
Trillium Gold Mines Inc.
"Russell Starr"
President, CEO and Director
About Trillium Gold Mines Inc.
Trillium Gold Mines
Inc. is a growth focused British
Columbia based company engaged in the business of
acquisition, exploration and development of mineral properties
located in the Red Lake Mining District of Northern Ontario. The Company recently
extended its holdings in the Confederation Lake and Birch-Uchi
greenstone belts, as well as in highly prospective properties in
Larder Lake, Ontario and the
Matagami and Chibougamou areas of
Quebec.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release contains forward-looking information, which
involves known and unknown risks, uncertainties and other factors
that may cause actual events to differ materially from current
expectation. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
of this press release. The Company disclaims any intention or
obligation, except to the extent required by law, to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
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SOURCE Trillium Gold Mines Inc.