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TRU Precious Metals Doubles Phase One Drill Program to up to 2,500 Meters at its 100% Owned Twilite Gold Project
Fredericton, New Brunswick--(Newsfile Corp. - June 8, 2021) - TRU Precious Metals Corp. (TSXV:...
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"TRU Precious Metals Doubles Phase One Drill Program to up to 2,500 Meters at its 100% Owned Twilite Gold ProjectFredericton, New Brunswick--(Newsfile Corp. - June 8, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE:706) (\"TRU\" or the \"Company\") is pleased to announce that the Company is expanding the current phase 1 drill program at its 100% owned Twilite Gold Project (\"Twilite Gold\") in the Central Newfoundland Gold Belt to up to approximately 2,500 meters, further to its previous announcement on June 1, 2021. 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. Barry Greene, VP of Property Development and Director of TRU, commented: \"After reviewing the core from TL21-16, our first drill hole of 2021, I am excited to expand the Twilite Gold drill program. Most of the drilling will be focused on exploring and expanding the mineralized structure associated with a magnetic low, beginning with close undercuts of historical holes first and followed closely with about 25m to 50m step-outs along the structure. There is no shortage of room to move both horizontally and vertically along the structure, enabling us to easily expand the drill program.\"The drill program will consist of approximately 10-15 NQ boreholes situated along a deep seated, multi kilometer, west-northwest trending mineralized structure (Figure 1). The drilling will focus on an approximately 500m strike length section of this structure near the intersection with a northeast trending mineralized structure that is also auriferous in historic drilling. The target mineralized structure appears as a prominent and deep-seated feature on geophysical 3D modeling images and will be drill tested to a maximum depth of approximately 350 m below surface. Barry Greene, VP of Property Development and Director of TRU, continued: \"Meantime, we are pleased to see that diamond drill hole TL21-16 has intersected quartz veined intervals including...