TriMetals Mining Inc. (TSX: TMI / OTCQX: TMIAF) (the "Company")is pleased to announce the results of the second round of drill holes (6 holes) from the southern end of the present Jumbo resource area (the "Jumbo Main Zone"). The Company believes that these new results, as well as the earlier reported set of results (PR 16-22 of October 26, 2016), clearly demonstrate an extension of the mineralization to the east and south of the southern end of the Jumbo Main Zone which is located towards the northern end of the 5 km long Jumbo Structural Trend gold target.
Map showing Jumbo Structural Trend and area names:
New Footwall Zone Discovered:
One of the new holes, J-16-009, indicates the existence of a new footwall zone to the west of the presently known mineral system potentially with a 200-metre strike length within the footprint of the presently defined PEA pit design.
Map and section showing the new footwall zone:
Drill Hole | Thickness (m) | Gold (g/t) | Silver (g/t) | Gold Equivalent* (g/t) |
J-16-009 | 10.7 | 1.05 | 4.91 | 1.13 |
And a second zone of mineralization higher in the hole | ||||
J-16-009 | 25.9 | 0.27 | 7.94 | 0.40 |
* Gold Equivalent ("AuEq") calculated using a 61.9 gold to silver ratio and assumes 100% metallurgical recoveries. True width is approximately 80-90% of Thickness.
A complete set of cross-sections through the deposit and a trace map showing the surface location of the RC holes is available here:
Jumbo Main Zone Extended 60 Metres to the South:
RC holes J-16-014 and J-16-015 are located approximately 60 metres further south than the previously reported J-16-003 and show strengthening gold mineralization to the south, including This email address is being protected from spambots. You need JavaScript enabled to view it. g/t AuEq in J-16-014 and This email address is being protected from spambots. You need JavaScript enabled to view it. g/t AuEq in hole J-16-015. This is the furthest south that we have drilled in this location.
Map and section showing RC holes J-16-014 and J-16-015:
Drill Hole | Thickness (m) | Gold (g/t) | Silver (g/t) | Gold Equivalent* (g/t) | ||||
J-16-014 | 7.6 | 2.02 | 22.46 | 2.38 | ||||
within | ||||||||
J-16-014 | 30.5 | 0.63 | 6.86 | 0.74 | ||||
J-16-015 | 9.1 | 2.03 | 7.83 | 2.15 | ||||
within | ||||||||
J-16-015 | 24.4 | 0.96 | 3.87 | 1.02 | ||||
Previously reported intercept 60 m to the north | ||||||||
J-16-003 | 22.9 | 0.79 | 14.21 | 1.02 |
* Gold Equivalent ("AuEq") calculated using a 61.9 gold to silver ratio and assumes 100% metallurgical recoveries. True width is approximately 80-90% of Thickness.
Ralph Fitch, President and CEO of the Company, stated, "Drill results again demonstrate that exploration is continuing to expand the footprint of the mineralization. This extension to the mineralization in the Jumbo Main Zone continues the process of drilling-off the 5 km long Jumbo Structural Trend (geophysical target). The Jumbo Main Zone is near the northern end of the Jumbo Structural Trend ("North Jumbo"), the "State Section" is in the middle of the Trend ("Central Jumbo") and the historic Etna mine is at the southern end of the Trend ("South Jumbo"). We have just completed 8 holes in the South Jumbo. We will release the results from these holes in the next several weeks once they have been received from the laboratory. It is important to remember that our mineral resource estimate in North Jumbo is based on drilling approximately 1.3 km of the eastern boundary of the 5 km long geophysical anomaly. Mineralization is present on both the eastern and western boundaries of the anomaly, providing approximately 10 km of target."
RC hole J-16-016 is located on the same east-west line as J-16-03 but 50 m further east. It intersected the down-dip extension of the mineralization seen in J-16-03 (see table below).
RC hole J-16-017 is located 50 metres north of hole J-16-003 in an east-west area of post-mineral structural disturbance and included low grade mineralization. RC hole J-16-008 located approximately 200 metres north of J-16-017 did not intersect the mineralized zone because it has been down-faulted by a fault that strikes north-south approximately along the Easting 761340 (see map).
The table below shows the details of the drill results obtained.
Drill Hole | From (m) | To (m) | Thickness (m) | Gold (g/t) | Silver (g/t) | Gold Equivalent* (g/t) | ||||||
J-16-009 | 25.9 | 51.8 | 25.9 | 0.27 | 7.94 | 0.40 | ||||||
And: | ||||||||||||
J-16-009 | 100.6 | 111.3 | 10.7 | 1.05 | 4.91 | 1.13 | ||||||
J-16-014 | 77.7 | 85.3 | 7.6 | 2.02 | 22.46 | 2.38 | ||||||
Within a mineralized zone assaying: | ||||||||||||
J-16-014 | 77.7 | 108.2 | 30.5 | 0.63 | 6.86 | 0.74 | ||||||
J-16-015 | 93.0 | 102.1 | 9.1 | 2.03 | 7.83 | 2.15 | ||||||
Within a mineralized zone assaying: | ||||||||||||
J-16-015 | 91.4 | 115.8 | 24.4 | 0.96 | 3.87 | 1.02 | ||||||
J-16-016 | 109.7 | 123.4 | 13.7 | 0.49 | 6.80 | 0.60 | ||||||
Within a mineralized zone assaying: | ||||||||||||
J-16-016 | 109.7 | 153.9 | 44.2 | 0.28 | 3.68 | 0.34 | ||||||
J-16-017 | 99.1 | 108.2 | 9.1 | 0.15 | 13.72 | 0.37 | ||||||
Within a mineralized zone assaying: | ||||||||||||
J-16-017 | 88.4 | 112.8 | 24.4 | 0.13 | 7.49 | 0.25 |
* Gold Equivalent (AuEq) calculated using a 61.9 gold to silver ratio and assumes 100% metallurgical recoveries. True width is approximately 80-90% of Thickness.
The following table gives the location, azimuth and inclination of the collars of the RC holes:
Holeid | East | North | Elevation | TD (m) | Azimuth | Dip | ||||||
J-16-008 | 761441.70 | 4198513.90 | 2077.55 | 275.80 | 270.00 | 65.00 | ||||||
J-16-009 | 761275.10 | 4198503.10 | 2079.22 | 117.30 | 270.00 | 45.00 | ||||||
J-16-014 | 761344.00 | 4198220.00 | 2061.90 | 123.40 | 270.00 | 45.00 | ||||||
J-16-015 | 761346.00 | 4198220.00 | 2061.90 | 147.80 | 270.00 | 65.00 | ||||||
J-16-016 | 761358.00 | 4198282.00 | 2077.85 | 164.60 | 270.00 | 65.00 | ||||||
J-16-017 | 761335.00 | 4198338.00 | 2077.99 | 217.90 | 270.00 | 65.00 |
The next press release will describe the results from drilling the north end of the Jumbo Main Zone, which includes drill holes J-16-010/011/012 and /013 and the press release following that will include the results from drilling the South Jumbo at the south end of the Jumbo Structural Trend.
About TriMetals Mining Inc.
TriMetals Mining Inc. is a growth focused mineral exploration company creating value through the exploration and development of the near surface, Gold Springs gold-silver project in mining friendly Nevada and Utah in the U.S.A.
The Company's approach to business combines the team's track record of discovery and advancement of large projects, key operational and process expertise, and a focus on community relations and sustainable development. Management has extensive experience in the global exploration and mining industry.
Source: TriMetals Mining