- Trillium Gold Mines (TGM) provided an update on its 2022 exploration and drilling activities at its Gold Centre project
- Since January 2022, a total of 4,950 metres in five holes were drilled
- The winter-spring 2022 program completed the initial phase of drilling and progressed to testing deeper in the stratigraphy, targeting the modelled up-plunge projection of the deep mineralization at the RLO, at around 1,400 metres vertical depth
- Trillium Gold Mines Inc. (TGM) is down 2.22 per cent, trading at $0.22 per share as of 1:20 pm ET
Trillium Gold Mines (TGM) provided an update on its 2022 exploration and drilling activities at its Gold Centre project.
The Gold Centre property encompasses 2.5 sq. km. and is located next to Evolution Mining’s (OTC:CAHPF) Red Lake Operation (RLO), which, to date, has produced more than 25 million ounces of gold at an average grade of 15 grams per tonne.
Since January 2022, a total of 4,950 metres in five holes were drilled. The winter-spring 2022 program completed the initial phase of drilling. It progressed to testing deeper in the stratigraphy, targeting the modelled up-plunge projection of the deep mineralization at the RLO, at around 1,400 metres vertical depth.
All the key components that are ubiquitous to the gold mineralization immediately to the west have been observed, and the alteration is seen generally increasing westward.
Trillium Gold’s Vice President of Exploration, William Paterson, said the results to date have been positive with good evidence that correlates with the high-grade gold mineralization believed to be present on the property.
“From the start, our drilling program successfully identified the Balmer host rock at depth which is a key criterion to demonstrating continuity with the RLO. We believe there is reasonable potential to tap into the gold-bearing mine stratigraphy drilling to depths of 2,000 metres and beyond to intersect gold mineralization on strike from the operation.”
Hole | From (m) | To (m) | Width (m) | Au (g/t) |
GC21-01 | 782 | 782.58 | 0.58 | 8.35 |
801 | 802.5 | 1.5 | 0.631 | |
802.5 | 803.3 | 0.8 | 0.763 | |
938.6 | 939.45 | 0.85 | 0.579 | |
GC21-02 | 988.5 | 989.5 | 1 | 2.29 |
GC21-03 | 781.63 | 783.13 | 1.5 | 0.587 |
GC21-06 | 927.34 | 927.77 | 0.43 | 0.698 |
1241.85 | 1242.25 | 0.4 | 0.743 | |
GC21-07 | 1233.5 | 1235 | 1.5 | 0.648 |
GC22-08 | 818.44 | 819.17 | 0.73 | 5.67 |
1319.25 | 1320 | 0.75 | 1.68 | |
1320 | 1321 | 1 | 0.708 |
Gold Centre 2022 drill hole details are listed below – UTM zone 15, NAD83.
Hole Number | Easting | Northing | Elevation | Depth (m) | Dip | Azimuth |
GC21-07 | 450913 | 5654762 | 365 | 1316 | -70 | 305.3 |
GC22-08 | 450552 | 5654794 | 367 | 1442 | -70.1 | 347.71 |
GC22-09 | 450913 | 5654828 | 369 | 191 | -80 | 180 |
GC22-10 | 450915 | 5654829 | 369 | 950 | -80 | 215 |
GC22-11 | 450605 | 5654443 | 365 | 1614 | -80 | 215 |
Trillium Gold Mines Inc. (TGM) is engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario.
Trillium Gold Mines Inc. (TGM) is down 2.22 per cent, trading at $0.22 per share as of 1:20 pm ET.