Business
Troy Minerals Adds New Claims to Lake Owen Project in Wyoming
VANCOUVER, BC / ACCESSWIRE / December 4, 2023 / Troy Minerals Inc. ("Troy"or the "Company") (CSE:TROY) (OTCQB:TROYF) (FSE:VJ3) is pleased to announce additional
About this update from Meta Critical Minerals Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / December 4, 2023 / Troy Minerals Inc. (\"Troy\"or the \"Company\") (CSE:TROY) (OTCQB:TROYF) (FSE:VJ3) is pleased to announce additional claims have been added to the Lake Owen Wyoming project after first pass geological mapping has been completed. The Company has completed a first pass program of geological mapping and sampling on the property and, as a result, has added additional claims to the southern boundary of the property (figure 1 and 2). Figure 1. Recently completed geologic mapping on Troy's Lake Owen Project Figure 2. Troys Claim status on the Lake Owen Project showing 9 additional claims covering the Proterozoic-Archean contact. \"The addition of 9 claims on our claim block was made to make sure we add a solid land position over and into the contact between the Proterozoic Lake Owen Complex (Layered mafic intrusion) and the Archean Wyoming Craton\" said Rana Vig, President and CEO of Troy Minerals. \"Our near-term goals to explore the layered mafic intrusion for vanadium and titanium mineralization also includes ‘reef' style PGE mineralization as noted by historic work and drilling on the property by Chevron and, the potential for basal massive Cu and Ni sulfide mineralization along the Proterozoic- Archean contact. In addition, recent mapping has shown outcrops of Archean gneiss, metasediment and metavolcanics within the Archean contact lithology,\" he added. The Lake Owen Project, (previously SW2), is a Proterozoic layered mafic intrusion complex with a long history of exploration for platinum group elements. Similar in style to the Stillwater Complex and the Merensky Reef of South Africa, the Lake Owen Complex is a highly perspective North American based target with a billion metric tonne plus potential for significant vanadium, titanium, and PGE mineralization. The Lake Owen Complex is the focus of the US government's critical minerals strategy resulting in a recently completed MAG and Radiometric airborne survey over the complex, which included the Company's property, and included ‘boots on the outcrop' mapping and sampling by the United States Geological Survey (USGS) (see new release November 6, 2023). Project data and reports from this airborne and ground survey are expected to be released to Troy Minerals Management during the first quarter of 2024. Assays and results of the Com...