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Trifecta Gold Mobilizes Crew to Rye Project, Yukon and Grants Stock Options
Prospecting and mapping for intrusion related gold in Yukon's Tombstone Gold Belt. Previou...
About this update from Trifecta Gold Ltd.
[{"type":"text","content":"Trifecta Gold Mobilizes Crew to Rye Project, Yukon and Grants Stock OptionsProspecting and mapping for intrusion related gold in Yukon's Tombstone Gold Belt.Previous rock samples near the contact between sedimentary and intrusive rocks yielded 8.37 g/t gold.Located near infrastructure 15 km south of the North Canol Highway and Fireweed Metals' Macpass Project.VANCOUVER, BC / ACCESSWIRE / July 30, 2024 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) (\"Trifecta\" or the \"Company\") is pleased to announce that field work is now underway at the Rye Project (the \"Project\"), where the Company was awarded a Yukon Mineral Exploration Program (\"YMEP\") grant for Target Evaluation. Under the YMEP, the Yukon Government provides successful applicants funding to support mineral exploration activities for 50% of eligible expenditures to a maximum of $50,000.The Rye Project is situated between two Mid-Cretaceuous granitic intrusions in the eastern portion of Yukon's Tombstone Gold Belt. It is well located, only 14 km from the North Canol Highway, 15 km from Fireweed Metals Corp.'s Macpass Project, and 95 km from Snowline Gold Corp.'s Valley Gold Deposit. Previous work on the Project has identified gold-rich veins near the contact between sedimentary and intrusive rocks, with rock samples yielding between 3.86 and 8.37 g/t gold. Silver-lead-zinc-tin±tungsten rich veins occur outboard of the contact and within metasedimentary rocks.Trifecta's crew will conduct detailed mapping and prospecting within and adjacent to two known intrusions on the property to evaluate the potential for a Reduced Intrusion Related Gold System (\"RIRGS\"). Mapping is essential to delineate the prospective intrusive-metasedimentary contacts in the south and north of the property, and to develop a structural framework for mineralization. Historically, very little attention has been given to the intrusions, and it is not known if sheeted veins or mineralization is present within the intrusions themselves. Gridded soil sampling will provide multi-element pathfinder data that is critical for vectoring into mineralization related to RIRGS. Finally, a LiDAR (\"Light Detection and Ranging\") survey will be completed over the property to gain a baseline elevation model, which is necessary for establishing an effective 3-D model for future drilling.Tombstone Gold BeltExten...