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Troilus Gold Drills 5.19 g/t AuEq Over 21m Inside Broader Zone of 1.75 g/t AuEq Over 138m at Connector Zone
MONTREAL, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF) reports positive results from the Z87 zone a
About this update from Troilus Mining Corp
[{"type":"text","content":" MONTREAL, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF) reports positive results from the Z87 zone at its Troilus Project in northcentral, Quebec, Canada. The results are part of a recently completed 11,000-metre drill program designed to expand mineralization to the north and south of Z87 pit, the largest of the two formerly mined open pits, which continues to show the most continuous and highest-grade resources at Troilus. The results reported herein confirm a high-grade zone of mineralization connecting the gap between the formerly mined Z87 and J open pits (“Connector Zone”), and exhibit potential for significant growth of indicated and inferred resources well above the average grade of the Troilus deposit. (see Figures 1 and 2). Highlights are reported below, with results presented in Table 1. Z87 Intercept Highlights: Hole 87-422 1.75 g/t AuEq over 138m, including 3.58 g/t AuEq over 38m and 5.19 g/t AuEq over 21m Interval starts 130m from surface; 157m downhole Mineralized interval starts inside the modelled J Zone PEA Pit, where drilling to these depths between the two pits was not previously tested. Hole 87-419 1.35 g/t AuEq over 98m, including 2.89 g/t AuEq over 33m and 55.46 g/t AuEq over 1m Drilled on section stepped back ~200m behind previously reported hole 87-421 (See press release August 17, 2022). Hole 87-420 1.10 g/t AuEq over 91m including 1.95 g/t AuEq over 24m and 14.77 g/t AuEq over 1m Drilled on section stepped back ~100m behind previously reported hole 87-421 (See press release, August 17, 2022). Hole 87-423 1.21 g/t AuEq over 55m, including 2.19 g/t AuEq over 9m and 13.58 g/t AuEq over 1m Hole stepped out 100m to the north from holes 87-419, 87-420, 87-421. Justin Reid, CEO of Troilus Gold, commented, “We are thrilled about the phenomenal results announced today. Our team’s commitment to finding high grade mineralization, that could be immediately impactful to the economics of this project, has led to the discovery of two extremely high-grade areas, this new Connector Zone and our recently announced X22 zone (see October 17, 2022 press release). The team will be continuing to test these extensions and we have high confidence in our ability to expand on today’s results.” High-Grade Expansion of Main Z87 Ore Zone at Depth and Bridging to J Zone Th...