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Trimetals Mining Inc.
Summary
| Project: | Gold Springs | |
|---|---|---|
| Deposit: | Thor | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 10/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-10-2016: Trimetals Mining Inc. announces an Exploration/Drilling Update report for its Thor deposit at the Gold Springs project. Drilling results incl. 7.6m @ 2.761g/t Au, 50.8g/t Ag from 13.7m. October 6, 2016, Vancouver, British Columbia—TriMetals Min | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Randall Moore (Internal) | |
| ABSTRACT: | October 6, 2016, Vancouver, British Columbia—TriMetals Mining Inc. (TSX: TMI and TMI.B, US OTCQX: TMIAF and TMIBF), (the “Company”), is pleased to announce results from the next 7 holes in the ongoing 40 plus hole drill program at Gold Springs within Nevada and Utah. Drilling this year is focused on both the continued expansion of the “bulk tonnage” heap-leachable resource on the 8 kilometre Jumbo Trend including the southern extension at the Etna target, and the search for high grade (2-3 g/t gold) vein material in the Thor Vein System which is highlighted by a 1.6 kilometre long geophysical anomaly and numerous surface vein exposures. This release details seven additional holes from the Thor Vein System and reviews our knowledge to date in this area. TMI now has 19 near-surface drill hole vein intercepts (including the non-43-101 compliant historical information) over approximately 400 metres of strike length, and additional outcrop sampling showing the vein continuity and grade. The present drill program of 10 RC holes on the Thor target together with 7 historic intercepts has established the continuity of a 400 m segment of the Thor "high-grade" vein system. Geophysics indicate that the entire system may extend for 1.6 km and the drill results, surface geology and sampling indicate there may be more than one mineralized vein zone within the system. | |
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