Trillium Gold Launches Exploration on Leo Property Near Red Lake
Vancouver, British Columbia, Canada -- July 22, 2020 -- NewsGenie -- Trillium Gold Mines Inc. has commenced its inaugural exploration program on the Leo Property, a 100%-owned asset located 35 kilometers southeast of Red Lake.
The 210 sqkm Leo Property is near Great Bear Resources' Dixie Lake project. Trillium Gold's CEO and President Russell Starr, noted the potential for a Red Lake-type discovery, citing similarities to the Dixie Lake project and improved understanding of gold mineralization controls in the district. He anticipates high-quality exploration targets for a systematic drill program at Leo later this year.
The six-month program will enhance the understanding of structural and lithological controls on targets at Leo, while also extending coverage to the unexplored western portion of the property. Plans include ground and airborne drone magnetic surveys, terrain analysis, soil and till sampling, and outcrop mapping to identify future drill targets.
Historical data includes a 2010 exploration campaign by Laurentian Goldfields Ltd. that identified four anomalous gold-in-soil targets coincident with regional structures. The western portion of the property, near the convergence of the Sydney Lake and Pakwash Lake Fault Zones, remains unexplored.
The Leo Project is underlain by rocks of the English River and Uchi subprovinces and bisected by the Sydney Lake Fault Zone. The rocks are largely composed of 2.7-billion-year-old metasedimentary lithologies which have been strongly metamorphized and structurally deformed into a tight, upright fold system.
In a separate announcement, Russell Starr was appointed as a new director of the Company, effective July 21, 2020.
Andy Randell QP, PGeo, a technical advisor to Trillium Gold Mines, has reviewed and approved the technical information in the release.