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Troymet Exploration Corp.
Summary
| Project: | Wildcat | |
|---|---|---|
| Deposit: | Wildcat | |
| Location: | United States | |
| Commodities: | Gold-Tellurium-Mercury | |
| Date: | 8/9/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-8-2016: Troymet Exploration Corp. announces an Exploration/Drilling Update report for its Wildcat deposit at the Wildcat project. JV with Renaissance Gold Inc. - drilling results incl. 22.8m @ 0.228g/t Au from 18.3m. August 9, 2016 - Troymet Exploration | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kieran Downes, Mark Coolbaugh (Internal) | |
| ABSTRACT: | August 9, 2016 - Troymet Exploration Corp. (TSXV: TYE) (“Troymet”) is pleased to report the results of its Phase I drill program on the Wildcat gold project, Utah, held under option from Renaissance Gold Inc. (TSXV: REN). Ten reverse circulation (RC) holes, totalling 1,328.9 metres, were drilled to test targets in the Southeast (SE), Core, and High Grade Hill (HGH) target areas. Positive drill results in the SE target area, where the target is shallow, oxide gold mineralization, have opened up a large, and previously undrilled/unrecognized area for Carlin-style gold mineralization. Drill results indicate parallels can be drawn with the Long Canyon gold deposit in northeast Nevada in that silty limestones carry gold mineralization beneath limestones that are nearly devoid of gold mineralization. Drilling in the Core area has resulted in the recognition of an ENE-tending, sub-vertical zone of jasperoidal gold mineralization. Drilling and road cuts on High Grade Hill exposed geologic features and mineralization styles that are not evident at the surface. These include a potentially interconnected system of mineralized cave fills and breccias, possible associated intrusive rock, and gold-enriched non-silicified cave fill beneath, peripheral to, and along strike of the high grade jasperoid. | |
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