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Trojan Gold Inc. Announces Filing of NI 43-101 Technical Report on its Hemlo South Property
TORONTO, ON, February 3, 2021 – Trojan Gold Inc. ("TGI" or the "Company") is pleased to announce that it has filed on SEDAR a National Instrument 43-101 (“NI 43
About this update from Trojan Gold, Inc.
[{"type":"text","content":"TORONTO, ON, February 3, 2021 – Trojan Gold Inc. (\"TGI\" or the \"Company\") is pleased to announce that it has filed on SEDAR a National Instrument 43-101 (“NI 43-101”) Technical Report on its Hemlo South Property (the “Property”) located in Northwestern Ontario’s Hemlo Gold Camp (the “Report”). The Report provides a full review of the geology, mineralization, exploration history, and exploration potential of the Hemlo South Property in which TGI has a 50% interest. In addition, the Report discusses the recently conducted geochemical survey conducted by the Company on the Property which was successful in obtaining several strong Au and/ or Ag anomalies. These anomalies are supported by responses in several other elements, such as Ba, Mn, Cu, W, Ca, and Zn. These occur in three areas, all in the eastern part of the property and one on the west side. The Report also provides recommends a two-phase exploration program – the first to develop drill targets followed by a drilling program to test them. Charles Elbourne, President and CEO of the Company stated: “This report highlights the exploration potential of Hemlo South and provides guidance with respect to future exploration efforts. Most important, the report concludes that “the Hemlo South property has significant, untested potential to host greenstone-type gold mineralization” and proposes a go-forward exploration program, which the Company intends to pursue.” The Technical Report is titled, “NI 43-101 Technical Report on the Hemlo South Property, Bomby and Lecours Townships, NORTHWESTERN ONTARIO, Thunder Bay Mining Division” with an effective date of January 29, 2021. The Report was prepared in accordance with National Instrument 43-101 standards for Disclosure for Mineral Projects (\"NI 43-101\") by I. A. Osmani, M.Sc., P.Geo. of Faarnad Geological Consulting (FGC) Inc. and A. J. Aubut, M.Sc., P.Geo. of Sibley Basin Group Geological Consulting Services Ltd., both of whom are considered \"Qualified Persons\" under NI 43-101. The Report has been filed on SEDAR and the Company's website (www.trojangold.com) and is now available for review. About Trojan Gold Inc. Trojan is an active Ontario-based Prospect Generator junior exploration company led by a talented team of professionals having significant exploration, engineering, project financing and permitting ...