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Trimetals Mining Inc.
Summary
| Project: | Gold Springs | |
|---|---|---|
| Deposit: | South Jumbo | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 1/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-1-2017: Trimetals Mining Inc. announces an Exploration/Drilling Update report for its South Jumbo deposit at the Gold Springs project. Drilling results incl. 150.9m @ 0.87g/t Au, 7.78g/t Ag from 19.8m. January 11, 2017, Vancouver, British Columbia—TriM | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Randall Moore (Internal) | |
| ABSTRACT: | January 11, 2017, Vancouver, British Columbia—TriMetals Mining Inc. (TSX: TMI, US OTCQX: TMIAF), (the “Company”), is pleased to announce the first drill results from South Jumbo around the historic Etna mine, located towards the southern end of the Jumbo Trend, some 1.5 km south of the present resource area, within the Gold Springs project located in Utah and Nevada. All drilling was conducted on Utah State Trust Lands within a recently acquired 160 acre parcel. Highlights include 3.46 g/t Au and 23.39 g/t Ag over 18.3 metres in hole E-16-005, within a strong, wider zone of near surface mineralization averaging 2.17 g/t AuEq over 45.7 metres, which itself is within 150.9 metres averaging 1.00 g/t AuEq. A total of 8 holes were completed in 2016 in the vicinity of the historic Etna mine with all holes located north of holes E-12-001 (39.6 metres @ 0.57 g/t Au and 4.2 g/t Ag) drilled in 2012 and E-14-001 (29.0 metres @ 0.85 g/t Au and 10.22 g/t Ag) drilled in 2014. The Company believes that these earlier holes, together with the recent drilling, outline an open-ended zone of gold mineralization extending for 400 metres which is open along strike both to the north and south, 2 and to depth. Notably many of the six holes reported here ended in mineralization, suggesting that the actual mineralized zone is even wider than reported. | |
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