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Trillium Gold Mines Updates Drilling on Gold Centre Property Adjacent to Red Lake Operations
Trillium Gold receives six of eight drill hole results from the 2021 drill program at the Gold Centre Property comprising 9,329 metres targeting Red Lake Mine s
About this update from Renegade Gold Inc.
[{"type":"text","content":" Trillium Gold receives six of eight drill hole results from the 2021 drill program at the Gold Centre Property comprising 9,329 metres targeting Red Lake Mine stratigraphy Visible gold has been identified in gabbros immediately adjacent to Evolution's producing Red Lake Mine (EVN:RLO) Structural, veining and alteration of core has identified four prospective geological trends; a deeper, fifth gold trend from targets at RLO to be drilled in 2022 VANCOUVER, British Columbia, March 16, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV: TGM) (OTCQX:TGLDF) (FRA:0702) (“Trillium Gold” or the \"Company\") is pleased to report on the progress of drilling at the Company’s 80%-owned Gold Centre Property. The property consists of one lease of 16 contiguous historical mineral claims encompassing 253 hectares and is located immediately adjacent to Evolution Mining’s Red Lake Operations (EVN-RLO). Trillium’s 2021 drill program was focused on the north end of the property, comprising 9,329 metres in eight drill holes, targeting Red Lake Mine stratigraphy, induced polarization survey targets and the down-dip extensions of results identified on adjacent properties. Several gold intersections were made in core (see full listing in Table 1), the most significant of which is in hole GC21-01, where visible gold (VG) was noted at 782.2 metres in a foliation-parallel shear associated with arsenopyrite and hosted in a silica altered gabbro unit of the Balmer assemblage, the host rock for the Red Lake Mine (see Figure 1). Much of the gold mineralization encountered to date is interpreted to be the down-dip equivalent of that found on the adjacent property, proximal to an identified NNE-trending structure, but importantly in rocks, alteration, veining and mineralization closely resembling that at the adjacent producing mine. Russell Starr, Chairman, President & CEO stated, “The proximity of the deep mineralization zones at the Red Lake Mine, located within 350 metres of our Gold Centre Property, provides further support that the west southwest-dipping and southeast plunging mine trend may indeed extend onto Gold Centre along strike at depth.” William Paterson, Trillium Gold’s Vice President of Exploration and former Exploration Superintendent for Goldcorp’s Red Lake Gold Mines added, “Proving Gold Centre’s continuity to the EVN-RLO has al...