Business
TRU Precious Metals Drills More Gold at Golden Rose Project and Releases Woods Lake Gold Zone Model
Toronto, Ontario--(Newsfile Corp. - April 7, 2022) - TRU Precious Metals Corp. (TSXV: TRU) (OT...
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"TRU Precious Metals Drills More Gold at Golden Rose Project and Releases Woods Lake Gold Zone ModelToronto, Ontario--(Newsfile Corp. - April 7, 2022) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (\"TRU\" or the \"Company\") is pleased to announce new assay results from an additional 5 of the 22 holes completed during its 2021 winter drill program at its flagship Golden Rose Project in Central Newfoundland (\"Golden Rose\"). In addition, TRU is releasing a longitudinal cross section model (see Figure 1) of the Woods Lake Gold Zone (\"Woods Lake\"), which was the primary focus of that drill program. TRU has now reported on 16 holes in total, with assays from the remaining 6 holes still pending. This includes 4 holes at the King George IV area (\"KG4\") and 2 holes at Woods Lake. Reported drilling results at Woods Lake now define a primary gold zone that is 800 metres (m) in strike length (from holes WL-21-06 to WL-21-14) and is open both along strike and at depth. Highlights1.51 grams per tonne (g/t) gold over 11m from 71.0m down hole in DDH WL-21-05, within a broader interval of 0.59 g/t gold over 38m from 49.0m depth down hole. (see Table 1)Woods Lake has now been intersected in drilling over 800m along strike. It remains open for expansion along strike and down dip, and the recent drilling has begun to outline a potential southwest and southeast plunge. TRU Co-Founder and CEO Joel Freudman commented: \"This early drilling success at Golden Rose only scratches the surface of the substantial potential and underexplored nature of this property. Woods Lake was the sole previously known gold zone at Golden Rose, and we are pleased with our results there to date, yet we expect numerous additional mineralized areas remain to be discovered and or proved up across the property. As such, we are also excited about our 2022 work and exploration program already underway at Golden Rose. We are grateful to our exploration team, thank them for their hard work so far and look forward to their ongoing contributions to TRU's continued exploration success. We remain focused on executing our exploration strategy and will continue to deliver meaningful progress and results in the coming months.\"The drill program at Golden Rose consisted of a total of 22 HQ diamond drill holes for a total of 4,102.7m, covering both Woods Lake an...