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TRU Commences Exploration Field Season at Golden Rose Project
TORONTO, ON / ACCESSWIRE / May 17, 2023 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) ("TR...
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"TRU Commences Exploration Field Season at Golden Rose ProjectTORONTO, ON / ACCESSWIRE / May 17, 2023 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) (\"TRU\" or the \"Company\") is pleased to announce the start of its 2023 field exploration season at its 100% owned Golden Rose Project (\"Golden Rose\" or the \"Project\") located in the highly prospective Central Newfoundland Gold Belt.In March 2023, the Company commissioned GroundTruth Exploration (\"GroundTruth\") of Dawson, YT to complete a high-resolution ground magnetometer-VLF (Very Low Frequency) geophysical survey (the \"Mag-VLF survey\") over the Mark's Pond area where the Company reported high-grade gold channel sample results as high as 57.6 g/t Au over 2.5m (refer to TRU news release dated January 12, 2023). The Mag-VLF survey was designed to potentially identify the extent of the shear zone hosting the high-grade Northcott Gold Zone to the northeast and southwest and to further investigate the potential for additional parallel shear zones and mineralized fault structures in the vicinity. The Mag-VLF survey is now complete with final interpreted results expected from GroundTruth within the next 2 to 3 weeks. Final geophysical results will be announced once received.The TRU exploration team has recently commenced field work at the Mark's Pond target area including the remaining channel sampling at the trench opened up in fall 2022. This will be followed by the completion of at least 3 to 4 new trenches at Mark's Pond spaced at least 100 m apart with the aim to potentially trace the Northcott Gold Zone and other parallel shear zones along strike in a NE-SW direction. The Company has also commissioned Terrane Geoscience Inc. (\"Terrane\") of Halifax, NS to complete a structural mapping and analysis program at the Mark's Pond and Jacob's Pond trenches by the end of May. Terrane will collect structural orientation data and characterize tectonic fabrics, veining, and any other structures that could potentially control mineralization. Combined, these programs aim to develop several priority diamond drill hole targets at Mark's Pond and Jacob's Pond (Figure 1).Paul Ténière, TRU's Vice President - Exploration commented, \"We are very excited to be back at Golden Rose to complete field programs that will further develop the Mark's Pond target and lead to priority ...