Business

Drilling to Commence at Kasagiminnis Lake Gold Project

Apr. 13, 2011 (Filing Services Canada) -- Trillium North Minerals Ltd. (TNM - TSX Venture),has ...

articleThunder Gold Corp.April 13, 20114/company/thunder-gold-corp/news/drilling-to-commence-at-kasagiminnis-lake-gold-project
Drilling to Commence at Kasagiminnis Lake Gold Project

About this update from Thunder Gold Corp.

[{"type":"text","content":"\nDrilling to Commence at Kasagiminnis Lake Gold Project\n\n Apr. 13, 2011 (Filing Services Canada) -- Trillium North Minerals Ltd. (TNM - TSX Venture),has received notice, that its joint venture partner Manicouagan Minerals Inc. (\"Manicougan\"), will commence a drill program, on the Kasagiminnis Lake Property, located approximately 25 kilometres southwest of the past producing Dona Lake Mine, south of Pickle Lake, Ontario. Drilling is scheduled to commence later this month, assuming favourable weather conditions. This initial 1000 metre drilling program will focus on testing the continuity and on the expansion, of a portion of the gold bearing zone associated with a sulphide bearing iron formation, previously outlined by Moss Resources and Power Exploration Inc.Between 1985 and 1988 Moss Resources and Power Exploration Inc. drilled 25 holes on the zone. In 2010, Manicouagan established a grid over the known gold zones on the Kasagiminnis Lake Property to act as control for ground geological, geophysical, and geochemical surveys. The grid covered nearby magnetic anomalies which are also believed to be caused by iron formations. Soil sampling was successful in identifying the historic gold zone but also identified a new 400 metre long anomaly located approximately 700 metres to the southwest (see Trillium Press Release dated August 24, 2010).  Subsequent to the soil survey, a ground Horizontal Loop Electromagnetic Survey (\"HLEM\") was completed, outlining four conductive zones coincident with, or on the flanks of, the magnetic anomalies. One of the conductive zones (K4) is coincident with the new gold in soil anomaly.Manicouagan has earned a 51 percent interest in the Kasagiminnis, Dorothy-Dobie Lake and Pickle Lake East properties.  Pursuant to an agreement with Trillium North Minerals, Manicouagan can increase its interest to 70 percent in these gold properties by incurring the next $1.5 million of exploration expenditures on the properties (see Trillium Press Release dated April 15, 2010).Qualified PersonExploration programs on Manicouagan's Pickle Lake Gold Projects are carried out under the supervision of Mr. Bruce W. Mackie, P. Geo., Mr. Mackie, a professional geologist, has reviewed and verified the technical content of the information contained in this release and qualifies under the definition of \"...

More updates from Thunder Gold Corp.