Precious Metals
Troilus Gold (TSX:TLG) Announces Results of 4.33 g/t AuEq Over 29m, incl. 6.37 g/t Over 18m at the 87-J Connector Zone at Troilus Project
Troilus Gold (TSX:TLG) has reported new assay results from the Troilus Project in Quebec, Canada. The results come from drilling at the Connector Zone,…
Troilus Gold (TSX:TLG) has reported new assay results from the Troilus Project in Quebec, Canada. The results come from drilling at the Connector Zone, a target located in between two previously mined Z87 and J4 open pits. The drilling at Connector Zone is part of the 5,000-metre drill program with the goal of targeting and expanding shallow high-grade mineralization intersection in the zone in November 2022.
The company’s results show that there is a high-grade mineral continuity extending on a north, northwest trend between the two formerly mined pits.
Justin Reid, CEO of Troilus Gold, commented in a press release: “The latest drill results from this new and exciting target further demonstrate the continuity of mineralized high-grade structures between the two formerly mined open pits. Detailed structural work completed by the geology team has greatly contributed to the understanding and successful targeting of these high-grade trends. These shallow high-grade zones exist within and in close proximity to the PEA pit shells and we believe they could be brought into the mine plan to positively impact the strip ratio and project economics. In the coming months our team will continue to focus on maximizing opportunities for discovery and delineation of high-grade near surface targets for inclusion in our upcoming Feasibility Study, expected in the second half of 2023.”
Connector Zone Intercept Highlights:
Hole 87-449
- 2.07 g/t AuEq over 11.2m, including 4.07 g/t AuEq over 5m
This interval is located directly at surface; the hole collared into bedrock within this high-grade mineralized zone.
- 1.22 g/t AuEq over 10.0m, including 1.49 g/t AuEq over 6.2m
- 1.31 g/t AuEq over 6m
Hole 87-451
- 4.33 g/t AuEq over 29m, including 6.37 g/t AuEq over 18m
- 5.5 g/t AuEq over 6m
- 1.01 g/t AuEq over 49m, including 1.99 g/t AuEq over 10m
Table 1 – Connector Zone Drill Results
| Hole | From (m) | To (m) | Interval (m) | Inside/Outside of PEA Pit Shell | Au Grade (g/t) | Cu Grade (%) | Ag Grade (g/t) | AuEq Grade (g/t) | ||||
| 87-449 | ||||||||||||
| 26.8 | 38 | 11.2 | Inside | 1.68 | 0.26 | 5.91 | 2.07 | |||||
| incl | 29 | 34 | 5.0 | Inside | 3.36 | 0.47 | 10.80 | 4.07 | ||||
| 57 | 58 | 1.0 | Inside | 0.73 | 0.30 | 6.00 | 1.17 | |||||
| 79 | 89 | 10.0 | Inside | 1.00 | 0.14 | 4.62 | 1.22 | |||||
| incl | 80 | 86.2 | 6.2 | Inside | 1.25 | 0.15 | 4.83 | 1.49 | ||||
| 94 | 100 | 6.0 | Inside | 1.08 | 0.16 | 2.57 | 1.31 | |||||
| incl | 95 | 98 | 3.0 | Inside | 1.51 | 0.23 | 3.30 | 1.82 | ||||
| 104 | 105.8 | 1.8 | Inside | 1.51 | 0.03 | 9.24 | 1.65 | |||||
| 133 | 141 | 8.0 | Outside | 0.94 | 0.05 | 1.78 | 1.02 | |||||
| incl | 140 | 141 | 1.0 | Outside | 2.95 | 0.06 | 1.50 | 3.05 | ||||
| 470 | 482 | 12.0 | Outside | 0.48 | 0.23 | 3.30 | 0.80 | |||||
| incl | 474 | 477 | 3.0 | Outside | 1.66 | 1.05 | 0.43 | 2.98 | ||||
| 550.3 | 569 | 18.7 | Outside | 1.15 | 0.13 | 3.65 | 1.35 | |||||
| incl | 560.1 | 566 | 5.9 | Outside | 2.09 | 0.18 | 4.04 | 2.36 | ||||
| 87-451 | ||||||||||||
| 97 | 101 | 4.0 | Outside | 1.79 | 0.22 | 6.88 | 2.14 | |||||
| incl | 100 | 101 | 1.0 | Outside | 4.31 | 0.34 | 11.10 | 4.86 | ||||
| 115 | 144 | 29.0 | Outside | 3.90 | 0.32 | 2.90 | 4.33 | |||||
| incl | 119 | 137 | 18.0 | Outside | 5.77 | 0.45 | 3.96 | 6.37 | ||||
| 159 | 160 | 1.0 | Outside | 3.41 | 0.19 | 2.40 | 3.67 | |||||
| 545 | 557 | 12.0 | Outside | 0.80 | 0.06 | 0.85 | 0.88 | |||||
| incl | 550 | 555 | 5.0 | Outside | 1.40 | 0.09 | 1.14 | 1.52 | ||||
| 562 | 568 | 6.0 | Outside | 2.53 | 2.36 | 0.12 | 5.50 | |||||
| 581 | 630 | 49.0 | Outside | 0.84 | 0.12 | 1.27 | 1.01 | |||||
| incl | 614 | 624 | 10.0 | Outside | 1.71 | 0.20 | 1.91 | 1.99 | ||||
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
The post Troilus Gold (TSX:TLG) Announces Results of 4.33 g/t AuEq Over 29m, incl. 6.37 g/t Over 18m at the 87-J Connector Zone at Troilus Project appeared first on MiningFeeds.
Canadian Silver Co. Will See Big Changes in 2024
Source: Michael Ballanger 12/22/2023
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the market and shares on stock…
EGR options out Urban Berry project in Quebec to Harvest Gold – Richard Mills
2023.12.23
EGR Exploration Ltd. (TSXV: EGR) has moved from owner to shareholder at its Urban Berry project in Quebec, this week announcing it is optioning…
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
A weird week of macro data – strong jobless claims but…
