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Trifecta Gold Announces Initial Exploration Plans for the Yuge Gold Project, Nevada
VANCOUVER, BC / ACCESSWIRE / May 23, 2023 / Trifecta Gold Ltd. (TSX-V:TG) ("Trifecta" or the "Co...
About this update from Trifecta Gold Ltd.
[{"type":"text","content":"Trifecta Gold Announces Initial Exploration Plans for the Yuge Gold Project, NevadaVANCOUVER, BC / ACCESSWIRE / May 23, 2023 / Trifecta Gold Ltd. (TSX-V:TG) (\"Trifecta\" or the \"Company\") is pleased to announce preliminary exploration plans for its wholly owned Yuge gold project, located in northern Nevada.Yuge Gold ProjectTrifecta's 100% owned road accessible Yuge Gold Project is located 105 km west-northwest of Winnemucca. It covers two historical, small-scale mines (Columbia and Juanita) and multiple high grade gold showings, within the Pearl Canyon shear zone. Gold mineralization is hosted in quartz veins and altered wall rocks. Historical mining was limited to near surface mineralization (< 30 metre depth) where documented run-of-mine sorted ore assayed greater than 34 g/t gold.Columbia ZoneInitial drilling by Trifecta at the Columbia Zone has identified a broad envelope of gold mineralization that flanks a shear-hosted quartz vein, which was targeted by historical miners, and defined a second high-grade vein that parallels the shear. Previously released highlight drill results from Columbia are tabulated below:HoleFrom (m)To (m)Width (m)Gold (g/t)YU-21-0271.63109.7338.102.27Including79.2588.399.142.89And including94.49109.7315.243.63YU-22-0960.9664.013.050.46And79.25105.1625.913.03Including79.2580.771.525.45And including99.06103.634.5713.57YU-22-1053.3462.489.140.86Including57.9160.963.052.20YU-22-1177.7288.3910.674.20Including85.3488.393.0513.26And105.16108.213.0511.96Preliminary modeling of Columbia, based on drilling, trenching, surface sampling and geophysical surveys, has identified two cross faults which appear to offset the veins (Figure 1). In preparation for the next round of drilling at Columbia, Trifecta intends to conduct additional surface work, including systematic hand pitting, mapping, and soil sampling along strike to help resolve the offset along these faults. Pearl ZoneA gold-in-soil anomaly (Figure 2), coincident with known mineralization at Columbia, has been traced for roughly two kilometres to the west-northwest and remains open to extension to the east-southeast. A 2021 trench dug within the core of the soil anomaly, referred to as the Pearl Zone, exposed a set of mineralized veins within a highly altered granodiorite. Samples from this trench returned 17.7 m of 2.34 g/t gold, demonstrating th...