Jul. 13, 2011 (Filing Services Canada) -- Trillium North Minerals Ltd. (TNM - TSX Venture),announced today that its partner Manicouagan Minerals Inc. ("Manicouagan") has commenced a follow up drill program on its Kasagiminnis Lake Property, located approximately 25 kilometres southwest of the past producing Dona Lake Mine, south of Pickle Lake, Ontario.
The Phase II, 1000 metre, drilling program will focus on testing the down-dip extension of the zone where Manicouagan's initial drilling on the property returned encouraging results earlier this year (see Trillium Press Release dated June 1, 2011).
In the Phase I program nine holes (KAS-11-01 to 09) totalling 964 metres were drilled to test a 250 metre interval along the 1,100 metre long gold bearing zone outlined by previous operators in the mid to late 1980's. All of the completed holes intersected the gold bearing horizon. Assay results included 6.6 g/t gold over 7.9 metres in hole KAS-11-04 and 4.55 g/t gold over 5.0 metres in hole KAS-11-01.
Brian Carter, Manicouagan's Interim CEO, said, "This follow up program will test the down depth extension of that portion of the Kasagiminnis Main gold zone where our Phase I drill program returned extremely encouraging results. The Main gold zone is underexplored and remains open below 150 metres"
The Kasagiminnis Lake Property hosts the Kasagiminnis Lake main gold zone that is associated with what was described as a sulphide bearing iron formation. Between 1985 and 1988, Moss Resources and Power Exploration Inc. drilled 25 holes on the zone.
Exploration 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 "Qualified Person" set out in National Instrument 43-101.
Trillium also has joint venture agreements in place covering 4 other properties in which other parties are working to earn an interest. These include three Pickle Lake Gold properties, two West Shebandowan Gold properties, and the Seagull Nickel-Platinum Property. The Company has just completed a five hole drill program on its west Porcupine Gold Property for which results are pending.
For more information, contact Dr. Elliot Strashin, President, at 416-504-0077 ext 22.
"Elliot Strashin"
Dr. Elliot Strashin, President
Forward Looking Statements
All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
TRILLIUM NORTH MINERALS LTD
500 - 20 Maud St., TORONTO
Ontario, CANADA M5V 2M5
Telephone: (416) 504-0077
Fax: (416) 504-6019
www.trilliumnorth.com
402 - 905 West Pender Street, VANCOUVER
British Columbia, CANADA V6C 1L6
Telephone: (604) 681-1909
Fax: (604) 689-5930
To view this press release as a web page, click onto the link below:
http://www.usetdas.com/pr/trillium07132011.htm
Source: Trillium North Minerals Ltd (TSX-V - TNM) http://www.strashindevelopments.com
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