Having successfully completed its merger with
Company Highlights
Strategic Position Unique to
Major Mineralization with Expansion Potential.
High Grades on Property. The last two holes press released at Newman Todd encountered bonanza grades such as NT22-211 with 40.56 g/t Au over 4.18 m, including 214 g/t au over 0.30 m and NT22-212 with 8.75g/t Au over 20.4m, including 549 g/t Au over 0.3 m.
Extensive Drill Results and Sampling Database Including Numerous Exploration Hotspots. Over
Joint Venture with
Additional Upside from Critical Metals. While the portfolio is primarily focused on gold, work programs have previously encountered significant occurrences of critical metals.
Exploration Strategy
The Company plans to conduct a significant drill program expected to commence by September. The campaign will include expansion drilling at the Newman Todd project, where minimal drilling has been conducted below 400 m and along strike of existing zones. In previous drilling at Newman Todd, more than 40% of holes have intersected grades more than 20 g/t Au over a variety of intervals, which suggests an extensive, strongly mineralized system with room for expansion. Drilling will also be conducted at high priority regional targets on the newly combined land package including the Confederation, Gullrock and
Additionally, the Company will be following up on previously identified occurrences of critical minerals. The business case and growth prospect for battery metals is robust, and both the federal and provincial governments are aggressively supporting the growth of domestic battery supply chains.
About
Contact:
Tel: 604-678-5308
Email: info@trilliumgold.com
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as 'plans', 'expects', 'estimates', 'intends', 'anticipates', 'believes' or variations of such words, or statements that certain actions, events or results 'may', 'could', 'would', 'might', 'occur' or 'be achieved'. Such forward-looking statements include, without limitation, statements regarding the expected use of proceeds of the Loan. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Forward-looking information is based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Such factors, among others, include the ability to obtain required approvals from the
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