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On the Hunt for GOLD! Trillium Gold Mines restarts drilling at Newman Todd!

Trillium Gold Mines Inc

TRILLIUM GOLD (TSX.V:TGM | OTCQX:TGLDF)

Investing in gold exploration companies can be a highly lucrative and exciting pursuit. 2020 has been a particularly sensational year for the sector as the price of gold soared to new heights. One such gold company whipping up excitement in the space is Trillium Gold Mines Inc. (TSXV:TGM | OTCQX:TGLDF). Trillium Gold is based in British Columbia, Canada and is involved in the acquisition, exploration and development of mineral properties located in the highly prospective Red Lake Mining District of Northern Ontario.

Thankfully, things have evolved to safer and more effective methods of prospecting and benefiting from the efforts of gold mining is now open to anyone. You don’t even need to leave the comfort of your home. By investing in gold mining stocks, you can reap the rewards, without any danger or physical exertion involved.

At the end of October, Trillium Gold announced the restarting of a major drill campaign at its Newman Todd property in Red Lake. This is a very exciting development for Trillium Gold and one the company is excited to see the results of. Newman Todd is situated in one of the highest-grade gold mining districts in the world. And this program involves drilling 25,000 – 30,000 metres across Trillium Gold’s advanced and other early stage projects.

DRILLING BEGINS

Here begins Phase Two of drilling at Newman Todd this year. Advancements in new targeting methods have demonstrated the likelihood of positive results, encouraging the company to expand its team and get underway. This Phase Two drill program is expected to continue into 2021, and contractor Rodren Drilling of Manitoba is carrying it out. Meanwhile, the results of Trillium Gold’s recent summer program are due soon, which may well give cause for the company to extend its Newman Todd drill campaign even further.

“WE CONTINUE TO TEST OUR GEOLOGICAL AND STRUCTURAL CONCEPTS WITH THIS SECOND PHASE OF DRILLING. THE DRILLING AND OUTCROP DATA COLLECTED OVER THE SUMMER AND FALL SHOULD ALLOW US TO COMPLETE A TARGETING MODEL FOR MORE THAN 1,000M OF STRIKE LENGTH WITHIN THE NEWMAN TODD ZONE, AND IT IS OUR EXPECTATION THAT OUR PRECISION IN TARGETING WILL INCREASE WITH THIS BETTER UNDERSTANDING”

– WILLIAM PATERSON, TRILLIUM GOLD, VP OF EXPLORATION

Trillium Gold’s CEO, Russell Starr, was encouraged by the initial assay results recently presented to him. New drill angles and azimuths, not previously tested, have now been verified and these results are helping to give the Trillium Gold team a greater understanding of the mineralization controls present in the camp. Now that multiple high-priority drill targets have been documented, the company is confident in expanding its Phase One drill program from 8,000 metres to 25,000 metres and drilling into these carefully identified holes.

PROMISING ASSAY RESULTS

At the beginning of October, Trillium Gold confirmed it had intersected a substantial gold deposit. Here it met with 15.41 grams per ton of gold over 7 meters in what looks to be a brand new structure. This embodied a really exciting discovery for the team. Drilling for this find began 226 metres downhole, within the Newman Todd Zone. The unique and expressive geology present here gave confidence to the team, as they quickly recognised it as favourable for hosting high-grade gold mineralization. A truly convincing asset!

Besides this significant and exhilarating find, these assay results from the rest of the Phase One drilling program also carry positive sentiment. Here the team was again delighted with the initial discovery. It returned 5.14 grams per ton of gold over 3.85 metres from a lower depth.

Further still, at a third location, visible gold was seen in quartz veining and the team were delighted to see it assayed 16.8 grams per ton gold over 0.3 metres from a depth of 158.57 metres.

All-in-all the team are thrilled with the finds and look forward to progressing with Phase Two.

WHY INVEST?

From 2010 to 2013, a joint venture split equally between Red Star Gold and Confederation Minerals (Now Trillium Gold) was exploring Newman Todd. Back then the gold price was trading a lot less than it is today, but each company had a market cap approaching $100 million. Effectively giving Newman Todd a $200 million price tag! Today, Trillium Gold has a market cap under $40 million but owns 83.5% of its Newman Todd asset. This highlights just how much of a bargain, shares in Trillium Gold are today, as it is pointedly undervalued compared to where it was between 2010 and 2013, yet it has significantly more to offer shareholders. Plus, the malleable metal is currently in the throes of a thriving bull market, so investing today is a fantastic opportunity to be on the right side of history.


READ OUR FREE IN-DEPTH REPORT TO DISCOVER HOW TRILLIUM GOLD MINES STANDS TO DRIVE SHAREHOLDER RETURNS!


GREAT RESULTS

Money, Management and Parallel Mines

TRILLIUM GOLD (TSX.V:TGM | OTCQX:TGLDF)

With such great results flowing from the summer drill program, Trillium Gold now has four full-time geologists working on this project. They’ve been recruited under the lead of William Patterson, VP of Exploration, who has vision and insight in developing successful programs in the area. Together they’re contributing to a heavyweight management team with significant experience and the knowledge required to drive the company with ambition and foresight.

“HAVING BUILT A STRONG TEAM OF GEOLOGISTS, MOST HAVE SPENT MUCH OF THEIR CAREERS IN RED LAKE WITH GOLDCORP AND RUBICON MINERALS, TRILLIUM HAS ASSEMBLED A TEAM WITH MORE THAN 100 YEARS OF COMBINED EXPLORATION AND PRODUCTION EXPERIENCE IN THE RED LAKE GREENSTONE BELT”

– WILLIAM PATERSON, VP OF EXPLORATION

DRILLING AT DEPTH

Situated in the northwest of Trillium Gold’s Red Lake Gold Camp, Newman Todd covers an area 2.2km long and up to 200 metres wide. From prior testing, results show this area is sub-parallel to gold mineralized veining and structures, meaning there is enough evidence to convince management of the presence of high-grade intersections. Historical drilling results also paint a convincing picture. 41% of the 165 historic drill holes (55,000 meters) have intervals of greater than 10 grams per ton of gold over varying lengths of geological intersection. Most drilling efforts to date were to depths above 400m. Most mines in Red Lake extend 2 km downwards, so the question becomes what lurks below 400 meters of depth? With Trillium Gold’s intention now being to drill 25,000 to 30,000 metres, the results could be staggering.

And the proof is out there, parallel mines in the Red Lake Camp have already turned up high-grade gold at depth. Evolution Mining’s Red Lake Gold Mine has produced more than 25Moz of gold at an average grade in excess of 20 grams per ton. Meanwhile, Great Bear Resources’ Dixie project has drilled to 100,000 metre depths and enjoyed multiple high-grade gold discoveries in the region. Trillium Gold’s extensive project acreage surrounds the Dixie project on nearly all sides. Great Bear has no resource but is currently trading close to a billion dollars!

ENHANCING SHAREHOLDER RETURNS

In the coming weeks and months, Trillium Gold will continue its quest for knowledge. The team will test a variety of drill orientations to evaluate the depth potential at Newman Todd and to advance their understanding of the mineralization and structural controls in the area.

President, CEO and Director, Russell Starr is part of the brand-new management team taking Trillium Gold to new heights. He previously helped drive the sale of Auryn Resources for over $200 million. Starr is also no stranger to enhancing shareholder returns and advocating on behalf of the everyday investor. As he steers Trillium Gold on course to magnificent finds, shareholders are his top priority. He considers himself to be one of them and is actively buying stock in the open market. As such, he wants to share in the spoils of future riches for all involved.

This capable and talented team of experienced professionals also includes four geologists, led by VP of Exploration, William Paterson, a Professional Geologist in Ontario with extensive experience specifically in exploration at Red Lake. Paterson’s track record includes managing the ultra-deep surface drilling program at the Cochenour Mine that progressed to underground development, bulk sampling, and starter mine status.

Chairman of the Board and Director Robert Schafer is another geologist on the team. He has over 35 years’ experience in International exploration projects including executive positions at Hunter Dickinson, Kinross Gold, and BHP Minerals.

Meanwhile, Christina McCarthy is a senior advisor to the team. She has over 10 years of resource capital market experience combined with a technical background in geology. Her background stands to greatly benefit shareholders and exploration efforts alike.

Thanks to this capable and talented team, Trillium Gold raised $12.95 million in September, through a brokered private placement, exclusively funded by institutional investors. The price was at $1.70, so buyers at this level are participating with some of the smartest money out there!

REAPING THE BENEFITS

We all dream of striking it rich, leaving life’s mundane shackles behind and living to the full. It’s a tale as old as time and the reason a mass exodus of ordinary citizens were willing to risk life and limb migrating across the world, in times gone by. Thankfully, making money on the quest for gold is much easier nowadays. In fact, any one of us can do so by investing in gold mining stocks.

Trillium Gold is a primely positioned prospector with masses of profit-making potential ahead. It not only owns some of the finest and most prospective properties in the camp, but its team is driven to deliver shareholder returns, it has money in the bank, and is on track to become the largest landholder in the prosperous Red Lake Camp district. Download our in-depth report and read all about it NOW!


TO DISCOVER MORE ABOUT THIS LUCRATIVE LOCATION, AND TRILLIUM GOLD’S PRIME ASSETS, DOWNLOAD OUR FREE REPORT TODAY.


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