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Trillium Gold Mines Proposes to Recommence Exploration Including a Minimum 3,000 Metre Drilling Program on The Newman Todd Property
PROPOSED PLANS FOR INFILL DRILLING AND EXTENSION OF KNOW MINERALIZATION AS WELL AS AT DEPTH TEST NEW TARGETS ON PROPERTY FOR GOLD MINERALIZATION ALONG STRIKE AN
About this update from Renegade Gold Inc.
[{"type":"text","content":" PROPOSED PLANS FOR INFILL DRILLING AND EXTENSION OF KNOW MINERALIZATION AS WELL AS AT DEPTH TEST NEW TARGETS ON PROPERTY FOR GOLD MINERALIZATION ALONG STRIKE AND IN PARALLEL STRUCTURES Vancouver, British Columbia, Canada - TheNewswire - July 15, 2020 - Trillium Gold Mines Inc. (TSXV:TGM) (\"Trillium\" or the \"Company\") is pleased to announce that it will begin exploration drilling after a 7-year hiatus on the Newman Todd property, which is subject to a joint venture agreement in which the Company has a controlling interest, where more than 55,000 metres of drilling has been previously completed. The property has favourable geology with typical \"Red Lake\" alteration and northeast trending structures and is located in the prolific Red Lake gold district of Northwestern Ontario, Canada. The proposed exploration program currently has 14 planned holes, with a minimum 3,000m. Only 2.2 km of mineralized strike-length has been tested to date, remaining open to the north-east, south-west and at depth. The property is underexplored with multiple untested zones and an emerging geological model that will generate further targets. The Newman Todd Structure (\"NTS\") remains the primary focus for this initial drill plan with drill testing along strike and at depth. Hole NT-129 (2012) was the deepest hole historically and intercepted favourable host lithologies between 787 metres and 932 metres (145-metre interval) below surface. This is encouraging as the widths are comparable to those observed in shallower exploration (up to 400 meters depth) and shows potential for continuity down dip. At 832 metres true depth, an interval of 7.89 grams per ton gold (g/t Au) over 2.0 metres was intercepted, showing that the mineralization mechanisms continue at depth and are remain untested. Further intervals are listed on our website. Other ore bodies in the Red Lake Gold Camp such as the Campbell Mine continue to depths exceeding two kilometres below surface. The NTS is a large-scale alteration/deformation zone. The iron carbonate alteration within the NTS are interpreted to be associated with large, multistage hydrothermal systems. Gold mineralization in the NT zone is occurs with silica and/or sulphide replacement of iron carbonate within altered iron rich sedimentary and volcanic rocks. The Company will call a management committee meeting of the j...