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Trimetals Mining Inc.
Summary
| Project: | Gold Springs | |
|---|---|---|
| Deposit: | Thor | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 8/30/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-8-2016: Trimetals Mining Inc. announces an Exploration/Drilling Update report for its Thor deposit at the Gold Springs project. Drilling results incl. 82.3m @ 4.34g/t Au, 8.44g/t Ag from 147.8m. August 30, 2016, Vancouver, British Columbia—TriMetals Mi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Randall Moore (Internal) | |
| ABSTRACT: | August 30, 2016, Vancouver, British Columbia—TriMetals Mining Inc. (TSX: TMI and TMI.B, US OTCQX: TMIAF and TMIBF), (the “Company”), is pleased to announce the drill results from 2 ½ holes on the patented Talisman claim located in Nevada close to the Utah border. The first hole intersected very high grade material within a vein system characterized by quartz veins with bladed and banded textures. The vein sits within a wide zone of mineralized material which is described later in this release. Ralph Fitch President and CEO, stated “We have finally intersected some very high grade material which we have historically found in float. This is a great start to our drilling program.” All three RC holes reported here also intersected a second high-grade near surface vein which is projected to sub-crop 25 m west of T-16-002, below post-mineral colluvium cover. The vein dips to the East at approximately 35 degrees and is seen in all 3 holes in the drill section. Ralph Fitch President and CEO, went on to say “These excellent and consistent near-surface results are exactly the type of material we need to find to accomplish our goal of putting together a modest sized higher-grade resource for a “starter pit”. A higher-grade starter pit has the potential to significantly enhance the already positive economics of the project described in our PEA.” | |
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