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Tres-Or Completes Its Option to Acquire 100% Interest in the Fontana Gold Project Claims from Globex Mining Enterprises Inc.
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - Tres-Or Resources Ltd. ( TS...
About this update from Tres-or Resources Ltd.
[{"type":"text","content":"Tres-Or Completes Its Option to Acquire 100% Interest in the Fontana Gold Project Claims from Globex Mining Enterprises Inc.Vancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - Tres-Or Resources Ltd. (TSXV: TRS) (OTC Pink: TRSFF) (\"Tres-Or\" or the \"Company\") is pleased to announce the completion of its November 2011 Option Agreement with Globex Mining Enterprises Inc. (TSX: GMX) (FSE: G1MN) (OTCQX: GLBXF) (\"Globex\") to acquire a 100% interest in 23 mineral claims comprising the Fontana Gold Project subject to Globex retaining a 2.0% NSR. About the Fontana Gold Project ClaimsThe Fontana Gold Project is the most advanced project in the Amos area of Quebec. It has been the subject of considerable past work, including the sinking of a 92-meter shaft, excavation of 242 meters of underground workings, completion of over 300 drill holes, and processing of 22,047 tonnes of bulk sample material yielding 1,450 ounces of gold. Gold mineralization within the Fontana Gold Zone occurs within quartz veins and veinlets spatially associated with a number of northeast-southwest and northwest-southeast trending shear zones. Multiple zones of high-priority gold occurrences have been reported, including: Bunkhouse Zone: Steeply dipping shear zone, extends for some 600 meters in a northeast-south-west direction. Gold occurs within white quartz veins with trace sulphides Hooper Zone: Shear zone hosting massive to semi massive sulphide veins, which extends west and northwest more than 100 meters from the Bunkhouse ZoneFontana Main Shear Zone: a northwest-southeast trending shear zone defined for some 400 meters.Some of the best historic drill intersections were reported at the intersection of the Hooper and Bunkhouse zones, including 17.5 g/t gold over 38.1 meters (Drill Hole JB200B) and 17.1 g/t gold over 13.7 meters (Drill Hole JB200).Photograph 1 - Tres-Or drill hole FT 17-01 representing a mineralized interval from the Hooper Zone where assays returned 46.1 g/t gold over 0.5m from a 52.5m to 53.0m interval (for additional information see Tres-Or news release December 8, 2017).To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/2478/106940_e252b725d4d2198a_001full.jpgPhotograph 2 - Tres-Or drill hole FT 17-01 represents a mineralized interval from the Bunkhouse Zone where assays returne...