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Trillium Gold signs LOI to bring its contiguous land position in the Confederation Lake Greenstone Belt to over 100 kilometres
Trillium Gold signs LOI to bring its contiguous land position in the Confederation Lake G...
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[{"type":"text","content":"\n \n \n \n Trillium Gold signs LOI to bring its contiguous land position in the Confederation Lake Greenstone Belt to over 100 kilometres\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt solid black; BORDER-RIGHT:0pt solid black; BORDER-BOTTOM:0pt solid black; BORDER-LEFT:0pt solid black\n}\ntable p, #divContent table p\n{\nmargin: 0px;\nmargin-left: 3.8px;\nfont-size: 8pt !important;\nfont-family: Arial;\ncolor: black;\nmargin-right: 0pt;\n}\ntable th, #divContent table th\n{\nfont-weight: unset !important;\ntext-align: unset !important;\nvertical-align: unset !important;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n July 19, 2021\n \n /CNW/ - Trillium Gold Mines Inc. (TSXV: TGM) (OTCQX: TGLDF) (FRA: 0702) (\"Trillium Gold\" or the \"Company\") announces that it has entered into a non-binding Letter of Intent (\"LOI\") with Infinite Ore Corp. (\"Infinite Ore\") (ILI-TSX:V) (OTCQB:ARXRF) whereby Trillium Gold will acquire all of Infinite Ore's property holdings in the Confederation Lake assemblage of the Birch-Uchi greenstone belt near\n \n Red Lake, Ontario\n \n (the \"Proposed Transaction\").\n \n \n The property under LOI covers 19,438 hectares between the Fredart,\n \n Garnet Lake\n \n , Confederation North and Confederation South properties. (see Figure 1).\n \n \n \n Russell Starr\n \n , President and CEO of Trillium Gold commented, \"This Proposed Transaction would give Trillium Gold control over a significant portion of the Confederation Lake assemblage, creating a contiguous package extending greater than 100 km in length.  Effectively, Trillium Gold would own 100% of the largest land package in and to the east of the\n \n Red Lake\n \n gold camp where exciting gold exploration results are only now emerging. Given the significance of Great Bear's Dixie Project, the prospect of our hosting similar gold discoveries is very feasible.  The achievement of our strategy to consolidate the greenstone belt has positioned us as the most dominant exploration company in the\...