Trillium Gold to Drill Rivard High Grade Gold Veins
News Release
Trillium Gold to Drill Rivard High Grade Gold Veins
Ongoing surface work has identified 6 dominant
continuous vein systems with visible gold mineralization
Historical trenching up to 80m long, historical bulk
sample up to 200m long
Initial drill holes planned to test 5 main mineralized veins
to a maximum vertical depth of 200m
Historical drill results include:
o 12.38 gpt Au over 2.00 m (0.40 opt Au over
6.56 ft) in hole EE08-05
o 34.07 gpt Au over 1.5 m (1.10 opt Au over
4.92 ft) in hole EE-07 15
o 13.65 gpt Au over 1.00 m (0.44 opt Au over
3.28 ft)
o And 28.62 gpt Au over 2.90m (0.92 opt Au
over 9.51 ft) drilled in 2007 by E-Energy
Ventures
Trenching and pit exploration by Rivard Family for over
two decades
Underexplored with limited work and non-traditional
exploration methods by Rivard Family
Photo 1 An 11 ounce gold bar produced from surface
prospecting and trenching on the Rivard property
Vancouver, British Columbia, Canada – August 20, 2020
– Trillium Gold Mines Inc. (TSXV:TGM ) (“Trillium” or the
“Company“) has identified multiple continuous gold bearing
quartz veins on its 100% owned Rivard property in Red
Lake, Ontario. The veins, exposed on surface and in
historical drilling, typically strike at an azimuth of 140
degrees and steeply dip to the northeast. An example of
historical trenching can be seen in Photo 2 below.
Photo 2 80m long trench on the Rivard Property, looking back
along the strike of a gold-bearing vein
Russell Starr, President and CEO of Trillium “The Rivard
property is contiguous to our flagship Newman Todd
Property, making this a significant acquisition as we
continue to delineate gold mineralization with the potential
of adding to the current strike length of Newman Todd. In
addition to all documented gold occurrences of high-grade
gold mineralization and known surface expressions from
exploration, Trillium is excited to see that the Rivard
property has similar geological characteristics to the model
of the legendary Campbell and Red Lake Gold Mines.
Shareholders should anxiously look forward to an inaugural
drill program as we look to test the intersection of Rivard’s
high grade gold bearing veins and the prolific Newman Todd
structure.“
Exploration has been carried out on the Rivard property
since the 1930s. The largest amount of work was completed
in the 1940s by Heath Gold Mines Ltd., which collected a 64
ton bulk sample from several pits along a 200 metre length
of the main gold-bearing trend. The bulk sampled yielded
8.32 ounces of gold (approximately 260 grams of gold) and
had an average grade of 0.13 ounces of gold per ton
(approximately 4.45 grams per ton).
Rubicon Minerals Corporation optioned the property from
the Rivard family in the late 1990s; it then became part of
the “Red Lake Joint Venture” or RLJV between Rubicon and
AngloGold. In 2003 the RLJV was dissolved. AngloGold,
which had earned a 60% interest in all of Rubicon’s very
extensive land holdings in the Red Lake camp (except the
McFinley and McCuaig mine properties), relinquished all of
that interest except for the Rivard and Newman-Todd
properties, in which it retained 100% interest demonstrating
that AngloGold placed a very substantial value on these
“west end” properties, both now controlled by Trillium Gold
Mines. During the 2003-2004 period, AngloGold completed
a merger with Ashanti Gold Mines, suspended all its
exploration activities in Canada and terminated the option
on the Rivard property.
At Rivard, gold typically occurs in the veins as coarse, free
gold, whereas on the NT property, gold commonly occurs in
a carbonate and sulphide rich breccia horizon as well as in
later quartz veins. Photo 3 shows an excellent example of
quartz veining from the Rivard property in a fuchsite rich
host rock, with spectacular visible gold.
Photo 3 Coarse free gold in quartz from one of the veins on the Rivard property
The dominant strike direction of veins is similar to that within
the Red Lake greenstone belt and is consistent with D2
deformation seen camp wide, including mineralizing events
in the Red Lake Mine. The table below provides a
comparison of geological environments at the Rivard
Property and the Campbell-Red Lake Mines.
COMPARISON BETWEEN GEOLOGICAL ENVIRONMENTS
RIVARD PROPERTY AND CAMPBELL-RED LAKE MINES
GEOLOGICAL FEATURES CAMPBELL-RED LAKE RIVARD PROPERTY
Stratigraphy Bruce Channel Sediments
-----unconformity-----
Balmer Volcanics
Slate Bay Sediments -----
unconformity-----
Ball Volcanics
Large Scale Structure In Cochenour-Gullrock
Deformation Zone
Close to St Paul-Pipestone Bay
Deformation Zone, possible NE
trending DZ through property
Local Structure F2 Folds Probable F2 Folds
Lithology Ultramafic bodies in mainly
mafic volcanics
Ultramafic bodies in mafic
volcanics and felsic tuffs
Lithology & Structure Folded ultramafic bodies Probable folded ultramafic bodies
Alteration Widespread Fe-carbonate Widespread Fe-carbonate and
fuchsite
Metamorphism Upper Greenschist facies near
amphibolite facies
isograd
Upper Greenschist facies near
amphibolite facies isograd
Mineralization High grade gold High grade gold
Figure 1 Geology Map of the Rivard Property showing trenches, surface gold
showings, and gold bearing veins
Figure 2 Satellite image of the Rivard Property showing trenches, surface gold
showings, and gold bearing veins
The technical information presented in this news release
has been reviewed and approved by Robert W. Schafer
QP, PGeo, a director of Trillium Gold Mines, as defined by
NI 43-101
For further information about this news release and the
Company’s current activities contact [email protected],
visit our website at www.trilliumgold.com or call us at 604-
688-9588.
On behalf of the Board of Directors,
Trillium Gold Mines Inc.
“Russell Starr”
Russell Starr
President, CEO and Director
About Trillium Gold Mines Inc.
Trillium Gold Mines Inc. is a British Columbia based
company engaged in the business of acquisition,
exploration and development of mineral properties located
in the highly prospective Red Lake Mining District of
Northern Ontario.
Disclosure and Caution
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
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 expectation. Readers are cautioned
not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press
release. The Company disclaims any intention or obligation,
except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new
information, future events or otherwise.