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Troy Minerals Intersects 1495.9 ppm TREO over 5.40 Metres including 3274.7 ppm TREO over 1.40 Metres
VANCOUVER, BC / ACCESSWIRE / February 20, 2024 / TroyMinerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce results fro
About this update from Meta Critical Minerals Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / February 20, 2024 / TroyMinerals Inc. (\"Troy\" or the \"Company\") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce results from the final two drill holes completed in Fall of 2023 at the Lac Jacques rare earth element (REE) property. The 100% owned Lac Jacques property is located approximately 250km north of Montreal Quebec, Canada and approximately 40km northeast of the town of St. Anne du Lac (Figure 1). Figure 1: Project location map. Highlights Hole LJ-23-03 intersected 2526.1 ppm TREO over 2.90 metres (m) from 53.0m -55.9m including 3627.9 ppm TREO over 0.9m. Hole LJ-23-04 intersected 1495.9 ppm TREO over 5.40m from 54.6m - 60.0m, including 3274.7 ppm TREO over 1.40m and 1615.3 ppm TREO over 4.40m from 72.6m -77.0m including 3107.9 ppm TREO over 1.00 metres. Drilling encountered multiple samples of anomalous REE concentrations near surface. Results extended the mineralization to the southeast of structures intersected in previous 2 drill holes suggesting the presence of multiple mineralizing events in the area and potentially larger mineralized footprint. Rana Vig, President and CEO, commented, \"The final drill holes from the 2023 program returned strongly mineralized broad intervals as well as several narrow bands of anomalous mineralization. These results further cement our confidence in the REE potential at the Lac Jacques Property. Intersecting mineralization away from structures known to control mineralization leads us to believe there are several controls and sources of REE in the area as the footprint of mineralization continues to grow. We are designing our 2024 exploration campaign for Lac Jacques and look forward to sharing those plans with our investors in the coming weeks. The company has a strong treasury position and looks to further build shareholder value through organic growth across our portfolio of prospective projects located in Tier 1 jurisdictions while continuously looking for accretive M&A opportunities.\" Discussion Four drill holes were completed during the 2023 drill program. The program was intended to test below and along strike of the discovery trench. Figure 2: Total Magnetic Intensity and Soil Geochemistry with drill sites. Drill holes LJ-23-03 and LJ-23-04 were drilled 100 metres east along strike of drill holes LJ-23-01 and -02 (Figure 2). Drillin...