Trillium Gold to Resume Drilling at Newman Todd Property
Vancouver, British Columbia, Canada -- July 15, 2020 -- NewsGenie -- Trillium Gold Mines Inc. (TSXV:TGM) announces it will begin exploration drilling on the Newman Todd property after a 7-year pause. The property, subject to a joint venture agreement where Trillium has a controlling interest, has seen over 55,000 meters of drilling previously. The property features favorable geology, typical "Red Lake" alteration, and northeast-trending structures, situated in Northwestern Ontario's Red Lake gold district.
The exploration program includes 14 planned holes, totaling a minimum of 3,000m. Only 2.2 km of the mineralized strike-length has been tested, remaining open to the north-east, south-west and at depth. The Newman Todd Structure (NTS) is the primary focus, with drill testing planned along the strike and at depth. Hole NT-129 (2012) intercepted favorable host lithologies between 787 metres and 932 metres, with an interval of 7.89 grams per ton gold (g/t Au) over 2.0 metres at 832 metres true depth.
The company will hold a management committee meeting of the joint venture to approve the exploration program. David Velisek, CEO of Trillium Gold Mines, stated the renewed drilling efforts aim to increase the size and grade of known mineralized zones and discover new gold zones.
The Newman Todd Property is in the Red Lake Greenstone Belt, near the Red Lake/Campbell gold deposit. Andy Randall QP, PGeo, a technical advisor to Trillium Gold Mines, reviewed and approved the technical information.