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TRU Releases 3D Model of IP Survey for Jacob's Pond Target Area at Golden Rose Project
Toronto, Ontario--(Newsfile Corp. - May 25, 2022) - TRU Precious Metals Corp. (TSXV: TRU) (OTC...
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"TRU Releases 3D Model of IP Survey for Jacob's Pond Target Area at Golden Rose ProjectToronto, Ontario--(Newsfile Corp. - May 25, 2022) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (\"TRU\" or the \"Company\") is pleased to announce additional results of its Induced Polarization (\"IP\") survey at the Company's flagship Golden Rose Project (\"Golden Rose\"), further to its announcement of April 13, 2022. Golden Rose is located in the Central Newfoundland gold belt on the deposit-bearing Cape Ray-Valentine Lake Shear Zone.TRU retained Simcoe Geoscience Limited (\"Simcoe\") to deploy Simcoe's next-generation wireless, high-definition Alpha IP technology to conduct a survey comprising 56 line kilometres (km) of wireless time domain IP on newly-defined plus underexplored historical gold exploration targets at Golden Rose. The results in this press release pertain to the developing Jacob's Pond target area in the northeast of Golden Rose.Highlights of IP Survey of Jacob's Pond Include:Delineation of an open-ended 4-kilometer-long IP anomalous trend associated with copper-gold-silver-zinc-lead in soils, correlating with chalcopyrite in outcrop and in sheeted quartz veins along the Jacob's Pond trend. 1.6-km-long IP anomaly correlating with the primary high-grade Jacob's Pond and Rose Gold copper-gold-silver veins, significantly increasing the potential footprint of the mineralized zone. Drill target selection has commenced and permits for trenching and drilling at Jacob's Pond are pending. TRU VP of Property Development and Director Barry Greene commented: \"Having confirmed that the Jacob's Pond area hosts high-grade copper-gold-silver values in mineralized quartz vein networks at surface, our confidence level was further bolstered when a regional soil sampling survey produced a multi-kilometer anomalous trend in copper-gold-silver-zinc-lead that indicated a potential for much greater distribution to the mineralized system. Now that this 3D IP chargeability model coincides with the high-grade quartz veins and the anomalous soils, we are even more confident in the prospectivity of the Jacob's Pond area, as we have three different exploration techniques that corroborate the same prospective targets. This IP model is the final layer of exploration data we needed to plan for a comprehensive and systematic trenching a...