Troilus Gold Reports Encouraging Drill Results from West Rim Zone
Troilus Gold Corp. Announces Positive Drill Results
Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) has revealed promising results from its recent drilling at the West Rim VMS target. This ambitious program included 1,866 metres of exploratory drilling near the North Reserve Pit, aiming to uncover geophysical anomalies that could indicate valuable mineral deposits.
Drilling Highlights
The results from the West Rim drilling campaign are exciting. Notable findings include:
- WR-24-003: 1.66 g/t AuEq over 20 metres, with a higher grade of 3.10 g/t AuEq over 8 metres, starting at a depth of 87 metres.
- WR-24-004: 1.08 g/t AuEq over 11 metres, featuring an impressive 7.13 g/t AuEq over 1 metre, commencing at 27 metres downhole.
These results underscore the potential of the West Rim target, which was identified as part of a broader 25,000-meter drilling initiative that has the capacity to deliver significant findings related to gold and base metals.
CEO's Insights on West Rim Target
Justin Reid, CEO of Troilus Gold, expressed his satisfaction with the initial drilling outcomes at West Rim. He indicated that further analysis of this data will assist in refining their exploration strategy for the next drilling phase, projected to start shortly. The geophysical characteristics observed at West Rim are particularly promising, and the team is striving to incorporate higher-grade ounces into their mine plans. With about 4 km of prospective ground awaiting exploration and its close proximity to the North Reserve Pit, the team is optimistic about the potential enhancements this target could provide to the mine model.
Geology of the West Rim Zone
The geology at West Rim comprises a sequence of volcanic rocks, including basaltic andesite, andesite, and dacite. The mineralization patterns indicate a complex structure with gold-rich zones flanked by base metals like copper and silver. The site displays significant volcanic activity, which is essential for large-scale mineral deposits. Notably, the core of the magnetic anomalies is slated for focus in the next phase of drilling, reflecting its potential for further high-grade finds.
Quality Assurance in Drilling
Troilus adheres to stringent quality assurance protocols during their drilling programs. Each sample, sourced from NQ core, undergoes rigorous testing at certified laboratories, ensuring reliable results through a robust QA/QC process. This includes seasoned practices like inserting mineralized standards and conducting multi-element analyses to accurately profile the mineralization.
About Troilus Gold Corp.
Troilus Gold Corp. is dedicated to advancing mineral exploration and development at the Troilus Mine site, situated within the geologically rich Frôtet-Evans Greenstone Belt in Quebec. The company is positioned for growth, buoyed by a recent feasibility study supporting a large-scale open-pit mining operation projected to last over two decades.
For Further Information
Contact:
Caroline Arsenault
VP Corporate Communications
+1 (647) 407-7123
info@troilusgold.com
Frequently Asked Questions
What were the key findings from the West Rim drill results?
The West Rim drill results revealed 1.66 g/t AuEq over 20 metres in WR-24-003 and 1.08 g/t AuEq over 11 metres in WR-24-004.
How is Troilus Gold planning to proceed after these findings?
Troilus Gold intends to analyze the data gathered from this phase to refine its future drilling strategies and targeting.
What makes the West Rim Zone significant?
The West Rim Zone is significant due to its proximity to the planned North Reserve Pit and its unexplored potential over a significant geological trend.
What geological features highlight the promising nature of the mineralization?
The West Rim target exhibits volcanic activity, complex mineralization patterns, and magnetic anomalies, indicating strong potential for high-grade deposits.
Where can I find additional information about Troilus Gold?
Additional details and updates can be found on their official website or through their corporate communication contact.
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