Trillium Gold Mines (TSXV: TGM) this morning provided an update for its ongoing drill program at its Rivard property, which is on the southwest portion of the firms flagship Newman Todd property. The company revealed that a total of 3,484 metres have been drilled thus far.
A total of seven drill holes have been completed to date under the drill program, with the seven holes testing the southwest extension of the Newman Todd zone and mineralized vein system. The program is expected to expand the firms understanding of the high grade veining along strike and at depth that leads from Rivard onto Newman Todd.
Results from just two of the seven holes have been received to date as a result of an ongoing backlog in analysis. RV21-25, which drilled at the far southwestern extension of the NT Zone, didn’t hit the zone as historically mapped on surface, with Trillium interpreting that mineralization does not continue to depth in this area or there is a structural offset. The strongest assay here was 0.45 metres of 2.75 g/t gold. RV21-26 meanwhile drilled through 137.8 metres of NT zone breccia, and encountered a second such horizon at 342.6 metres through to 484.7 metres, with the upper portion being previously unknown.
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A total of four holes have been completed that tested the veining found in the center of the Rivard property. Designed to test under and along strike of historical trenching, all four holes intersected multiple instances of VG in the core, with results still remaining.
“Our first few holes on the Rivard property testing both the southwest extension of the NT Zone and under the historical trenches with the high-grade veining have already been a success. Even with most assays yet to be received, we have seen VG in a number of quartz veins associated with the trenches and have intersected a possible parallel or structural enhancement to the NT Zone in the southwest”.
Bill Paterson, Head of Exploration at Trillium Gold
Trillium Gold last traded at $1.22 on the TSX Venture.
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