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Troilus Intersects 1.51 g/t AuEq Over 19m, Incl. 2.28 g/t AuEq Over 8m

Jun 9, 2021

Troilus Gold Corp. reports additional results from its ongoing exploration and infill drill program on its 100%-owned Troilus Gold Project, which hosts one of the largest undeveloped gold and copper deposits in Quebec. New results from the J Zone have expanded the footprint of the new western extension initially identified earlier this month (see press release dated May 12, 2021) from 200 metres to 700 metres in strike length while also confirming down dip mineralization of the main ore body by up to 100 metres with above average grades and thicknesses.

Highlights from the J Zone drill results include: 

  • ZJ21-231 expanded the new west trend of mineralization from 200m to 700m in strike with shallow intervals including:
    • 1.43 g/t AuEq over 19.3m, incl. 1.72 g/t AuEq over 3m and 2.29 g/t AuEq over 4.5m within 100m from surface                         
  • ZJ21-232 confirmed mineral continuity of the new west trend to surface, within 100m of ground level. Main ore body of the J Zone extended down dip by 100m (See Figure 2):
    • 1.51 g/t AuEq over 19m, incl. 2.28 g/t AuEq over 8m
    • 1.47 g/t AuEq over 5m
  • ZJ21-230: 
    • 1.48 g/t AuEq over 11m
    • 1.45 g/t AuEq over 10m   
  • ZJ21-235 intersected a higher grade zones at depth located outside of the Preliminary Economic Assessment (“PEA”) pit shell: 
    • 1.21 g/t AuEq over 23m, incl. 2.83 g/t AuEq over 1m and 2.51 g/t AuEq over 7m
    • 1.63 g/t AuEq over 2m
    • 1.72 g/t AuEq over 3m
  •  ZJ21-236 intersected a higher grade zones at depth located outside of the PEA pit shell: 
    • 2.68 g/t AuEq over 5m
    • 2.05 g/t AuEq over 10m, incl. 2.27 g/t AuEq over 3m, 10.24g/t AuEq over 1m and 2.91g/t AuEq over 2m
  •  ZJ21-238 intersected high-grade zones at depth, outside of the PEA pit shell:
    • 4.44 g/t AuEq over 5m
    • 17.12g/t AuEq over 1m
    • 1.75 g/t AuEq over 5m

“The systematic infill drill program we are completing in the J Zone, including ongoing step-outs and step-downs, is truly impressing us with excellent mineral continuity and an expanding ore body,” commented Justin Reid, CEO of Troilus Gold. “The new parallel zone we recently identified has significantly grown with these latest results, now demonstrating mineral continuity over a 700m strike length parallel to the main ore body. We expect this new zone to have a meaningful impact on the economic modelling of the mine project given that it is located within the PEA pit shell in areas that were previously considered waste due to lack of data.”

The J Zone exploration target includes the smaller of the two formerly mined open pits at Troilus. In 2019, the Company had tremendous drilling success in this zone by applying a new geological model derived from two years of drill analysis, which highlighted the importance of structural controls on gold and copper. This exploration program contributed a significant open-pit resource to the Preliminary Economic Assessment completed in August 2020. Troilus reinitiated drilling in the J Zone earlier this year to continue improving drill resolution while defining the extent of the mineral boundaries in advance of a mineral resource update and Pre-Feasibility Study planned for completion in the second half of 2021.

Troilus has completed approximately 55,400 metres of drilling since January 2021 and intends to continue drilling at a rate of approximately 10,000 metres per month throughout the Summer.    

Tags: Quebec / Exploration / Gold / All Articles