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TRU Precious Metals Commences 1,200 Metre Phase One Drill Program at Its 100% Owned Twilite Gold Project
Fredericton, New Brunswick--(Newsfile Corp. - June 1, 2021) - TRU Precious Metals Corp. (TSXV:...
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"TRU Precious Metals Commences 1,200 Metre Phase One Drill Program at Its 100% Owned Twilite Gold ProjectFredericton, New Brunswick--(Newsfile Corp. - June 1, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (\"TRU\" or the \"Company\") is pleased to announce that it has commenced a minimum 1,200-metre drill program at its 100% owned Twilite Gold Project (\"Twilite Gold\") in the Central Newfoundland Gold Belt. The drill target was previously identified by TRU during a detailed ground geophysical survey in November of 2020, as announced on December 8, 2020.Twilite Gold is strategically located on the mapped extension of the Cape Ray-Valentine Lake Shear Zone. Numerous advanced-stage gold exploration projects are currently underway along this district-scale shear zone, including Marathon Gold's multi-million-ounce deposit at Valentine Lake, and Matador Mining's Cape Ray deposit. Twilite Gold is also located only 15 kilometres south of Grand Falls-Windsor, a town of approximately 15,000 which is the service and supply centre for central Newfoundland. Twilite Gold is easily accessible with an all-weather gravel road leading directly to the prospect.The drilling program is contracted to Logan Drilling Limited, based in Stewiack, Nova Scotia, who has supplied a Duralite 1000 drill and experienced drill crew for this program. The Twilite Gold Project was tested by 15 shallow drill holes in 1999 and only three holes were on the current target. All three boreholes intersected gold mineralization, as described more fully below.Barry Greene, VP of Property Development and Director of TRU, commented: \"I have been eagerly anticipating the opportunity to commence drilling on TRU's 100% owned Twilite Gold Project. This is TRU's inaugural drilling program as a company and marks a significant milestone in our rapid development. The Twilite Gold drill target is compelling with shallow gold already intersected in drill core from the last drilling on the project over 20 years ago. With such an expansive mineralized structure having only three near surface historic boreholes to date, the drill target is wide open.\" The drill program will consist of six NQ boreholes situated along a deep seated, multi kilometer, west-northwest trending mineralized structure. The drilling will focus on an approximately 300m strike length secti...