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Troilus Gold Corp.
Summary
| Project: | Troilus | |
|---|---|---|
| Deposit: | Troilus | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 6-6-2018: Troilus Gold Corp. announces an Exploration/Drilling Update report for its Troilus deposit at the Troilus project. Drilling results incl. 76.0m @ 1.42g/t Au, 0.13% Cu from 443m. June 6, 2018, Toronto, Ontario – Troilus Gold Corp. (TSX-V: TLG) (“ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bruno Perron (Internal) | |
| ABSTRACT: | June 6, 2018, Toronto, Ontario – Troilus Gold Corp. (TSX-V: TLG) (“Troilus” or the “Company”) is pleased to provide drilling results from its 100% owned Troilus gold and copper property located Northeast of the Val-d’Or district in Quebec, Canada (the “Troilus Project”). The 30,000 metre drill program is designed to confirm and expand existing mineral resources from the historically producing Troilus mine, as well as explore down dip and along strike from known mineralization. The first seven (7) holes drilled at the Troilus Project were designed to confirm the lower extent of gold and copper results from historic drilling below the Z87 open pit and to develop a better understanding of mineralization and lithological characteristics of the Troilus deposit to guide next phases of drilling (Fig 1&2). “The program continues to deliver according to plan. Broad zones of mineralization correlating well with historical results are providing increased confidence in our progam.” said Justin Reid, CEO of Troilus Gold Corp. “We continue to identify thick intervals of historic mine-grade mineralization marked by materially higher-grade discreet zones as witnessed in our first four holes.” There are presently three drills operating at the Troilus Project, having completed approximately 23,000 metres from 46 diamond drill holes of the planned 30,000 metres of drilling. Sampling from over 40 holes have been sent to laboratory for assaying. Drilling below the J4 historic open pits to show down dip expansion are nearing completion, as well as deep extensions below the current estimated inferred mineral resource at Z87. | |
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