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TRU Precious Metals Drills Visible Gold at Golden Rose Project
Fredericton, New Brunswick--(Newsfile Corp. - November 4, 2021) - TRU Precious Metals Corp. (T...
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"TRU Precious Metals Drills Visible Gold at Golden Rose ProjectFredericton, New Brunswick--(Newsfile Corp. - November 4, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (\"TRU\" or the \"Company\") is pleased to announce that it has encountered visible gold early in its 5,000 metre diamond drill program currently underway at its flagship Golden Rose Project (\"Golden Rose\"), in the Central Newfoundland Gold Belt. TRU Co-Founder and CEO, Joel Freudman commented: \"We are ecstatic to report that multiple specks of visible gold have been observed in a completed drill hole in our recently announced drill program at Golden Rose. While assays are pending and the drilling continues, we are encouraged and feel that these early observations further bolster our belief in the prospectivity of Golden Rose and provide early validation of the extensive work that our Team has dedicated to this program. We look forward to reporting additional results as drilling continues.\"Woods Lake itself (figure 1) is situated on a 2.5 km long by 0.5 km wide Z shaped flexure in the Valentine Lake shear zone. Drilling to date has been focused on the Woods Lake Gold Zone ('WLGZ\"). While infill drilling on a potential hinge area of the shear zone, drill hole WL-21-05 successfully encountered several flecks of visible gold at 52.79m and 55.04m down hole (figures 2 and 3). The visible gold is in thin fractures absent any appreciable sulphides. This is the first reported visible gold encountered in this area of the WLGZ. Hole WL-21-05 is located approximately 800 meters from historic hole ST05-004 where visible gold was observed and which ultimately assayed 19.4 g/t Au over 1.5m. Figure 1 - Woods Lake Drilling Map To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/5993/101885_29bfd22e44d1bad2_001full.jpgGolden Rose is a regional-scale land package covering 215.25 square kilometres (km2), including approximately 45 km of strike length along the deposit-bearing Cape Ray -Valentine Lake structural corridor between Marathon Gold Corp.'s (\"Marathon\") Valentine Gold Project to the northeast and Matador Mining Ltd.'s (\"Matador\") Cape Ray Gold Project to the southwest.Barry Greene, VP of Property Development and Director of TRU further commented: \"It is rewarding to see visible gold in drill core ...