Trillium Gold Updates Drilling on Gold Centre Property Adjacent to Red Lake Operations
NEWS RELEASE
Trillium Gold Mines Inc. [email protected] +1 604 688 9588 +1 778 329 9361
Trillium Gold Updates Drilling on Gold Centre Property
Adjacent to Red Lake Operations
• Trillium Gold receives six of eight drill hole results from the 2021 drill program at the Gold
Centre Property comprising 9,329 metres targeting Red Lake Mine stratigraphy
• Visible gold has been identified in gabbros immediately adjacent to Evolution's producing
Red Lake Mine (EVN:RLO)
• Structural, veining and alteration of core has identified four prospective geological trends;
a deeper, fifth gold trend from targets at RLO to be drilled in 2022
VANCOUVER, BC, March 16, 2022 - Trillium Gold Mines Inc. (TSXV: TGM) ( OTCQX:TGLDF)
(FRA:0702) (“Trillium Gold” or the "Company" ) is pleased to report on the progress of drilling at
the Company’s 80% -owned Gold Centre Property. The property consists of one lease of 16
contiguous historical mineral claims encompassing 253 hectares and is located immediately
adjacent to Evolution Mining’s Red Lake Operations (EVN-RLO).
Trillium’s 2021 drill program was focused on the north end of the property, comprising
9,329 metres in eight drill holes, targeting Red Lake Mine stratigraphy, induced polarization
survey targets and the down-dip extensions of results identified on adjacent properties. Several
gold intersections were made in core (see full listing in Table 1), the most significant of which is
in hole GC21-01, where visible gold (VG) was noted at 782.2 metres in a foliation-parallel shear
associated with arsenopyrite and hosted in a silica altered gabbro unit of the Balmer assemblage,
the host rock for the Red Lake Mine (see Figure 1).
Much of the gold mineralization encountered to date is interpreted to be the down-dip equivalent
of that found on the adjacent property, proximal to an identified NNE -trending structure, but
importantly in rocks, alteration, veining and mineralization closely resembling that at the adjacent
producing mine.
Russell Starr, Chairman, President & CEO stated, “ The proximity of the deep mineralization
zones at the Red Lake Mine, located within 350 metres of our Gold Centre Property, provides
further support that the west southwest-dipping and southeast plunging mine trend may indeed
extend onto Gold Centre along strike at depth.”
William Paterson, Trillium Gold’s Vice President of Exploration and former Exploration
Superintendent f or Goldcorp’s Red Lake Gold Mines added, “ Proving Gold Centre’s
continuity to the EVN-RLO has always hinged on identifying the Balmer host rocks at depth which
we have achieved. The results to date have been positive and we are assembling vital evidence
that will allow us to focus in on the high-grade gold mineralization believed to be present. We
have observed all the key components on this property that are analogous to the gold
mineralization next door.”
NEWS RELEASE
Trillium Gold Mines Inc. [email protected] +1 604 688 9588 +1 778 329 9361
Figure 1: Close-up of visible gold in sheared and altered gabbro associated with arsenopyrite.
Detailed structural , veining and alteration analys es of the core has identified four prospective
geological trends within the Gold Centre Property;
• Chert-magnetite iron formation hosted, forming planar trends immediately below the
Huston-Balmer contact,
• Structurally controlled gold-bearing and sulphide replacement of veins occurring
midsection of the gabbro rocks,
• Structurally and lithologically controlled arsenopyrite- and gold-bearing quartz-feldspar
porphyry dykes (QFP),
• A NNE-trending structure identified through surface mapping and drill hole structural
measurements. The importance and the geological extent of this structure requires further
investigation.
A deeper, fifth interpreted gold trend from targets at depth at the neighbouring Red Lake Mine
will be the focus of the 2022 drill program.
The Balmer assemblage rocks are typical of those observed at the Red Lake Mine, both in
lithology and veining. They are generally moderately to strongly foliated, veined moderate-heavily
by quartz-calcite (±carbonate). The intensity of foliation and veining can lead to the development
of calcite (±quartz, ±carbonate, ±sericite) breccia faults, breccias and calcite flooding. Alteration
generally increases westward over the property, being largely confined to the Huston-Balmer
assemblage contact in the east to more widespread and increasing in intensity westwards. Biotite
alteration, intimately associated with gold mineralization at the Red Lake Mine, is more abundant
towards the west side of the Gold Centre Property and is brown to reddish brown in color.
It has also been observed that sulphide (pyrrhotite, pyrite, ±chalcopyrite, ±arsenopyrite) and
magnetite mineralization generally increases westward and selectively replacing the calcite
(±carbonate ±quartz) veins. It is also noted that blue quartz eyes occur within a gabbro diorite
unit, often adjacent to sulphide mineralization, both above and below the gabbro units and
proximal to the Balmer mafic volcanics, again similar to the Red Lake Mine.
NEWS RELEASE
Trillium Gold Mines Inc. [email protected] +1 604 688 9588 +1 778 329 9361
Due to the significant delays in receiving assay results affecting the entire industry, results for
only the first six drillholes have been received to date and are reported herein. For drillholes
GC21-07 and GC22-08 only the rock-types are shown. Almost half of the assays, reported herein,
were only recently received.
Table 1: List of significant intercepts from 2021 drilling on Gold Centre (>0.1 g/t Au)
Hole ID From (m) To (m) Length (m) Au (g/t)
GC21-01 85.97 86.3 0.33 0.378
300 301 1 0.139
301 302 1 0.159
633.91 634.75 0.84 0.102
635.95 636.41 0.46 0.113
782 782.58 0.58 8.35
801 802.5 1.5 0.631
802.5 803.3 0.8 0.763
831.5 833 1.5 0.172
938.6 939.45 0.85 0.579
961 962 1 0.277
963.8 964.5 0.7 0.106
964.5 965 0.5 0.195
GC21-02 571.5 572.34 0.84 0.104
988.5 989.5 1 2.29
1028.35 1029 0.65 0.15
1135.5 1136.16 0.66 0.132
1136.16 1137 0.84 0.144
1155 1156 1 0.117
1161 1162.11 1.11 0.154
GC21-03 667.5 668.7 1.2 0.107
780.13 781.63 1.5 0.128
781.63 783.13 1.5 0.587
1219.5 1220.87 1.37 0.181
GC21-06 927.34 927.77 0.43 0.698
1199 1200 1 0.317
1219 1220 1 0.107
1241 1241.85 0.85 0.248
1241.85 1242.25 0.4 0.743
Table 2: Drill collar location, azimuth and dip for drill holes included in this news release - UTM zone 15, NAD 83.
Hole Length (m) Easting Northing Elevation Azimuth Dip
GC21-01 965 450827 5654998 372 5 -68
GC21-02 1292 450729 5654810 370 0 -65
GC21-03 1301 450641 5654570 370 14.6 -60
GC21-04 830 450890 5654710 374 15.31 -65
GC21-05 809 450810 5654504 363 14.8 -65
GC21-06 1374 450451 5654536 368 5 -60
GC21-07 1316 450913 5654762 365 305.3 -70
GC22-08 1442 450552 5654794 367 347.71 -70.1
NEWS RELEASE
Trillium Gold Mines Inc. [email protected] +1 604 688 9588 +1 778 329 9361
Figure 2: Plan showing holes GC21-01 through GC22- 08 at north end of the Gold Centre Property , significant gold
values above 0.1 g/t Au and regional magnetics survey.
All drilling was supervised by Richard Kowalski and Samuel Lewis, P.Geo. The drilling was
conducted by Rodren Drilling Ltd., of West St. Paul, Manitoba and drill core was logged and
sampled in a secure core facility. Core samples from the program were cut in half, using a
diamond cutting saw, and half cores were sent for analysis to Activation Laboratories Ltd. in
Dryden, ON, an accredited mineral analysis laboratory. All samples were analyzed for gold using
standard Fire Assay-AA techniques. Certified gold reference standards, blanks and duplicates
are routinely inserted into the sample stream, as part of Trillium Gold’s quality control/quality
assurance program (QAQC) to monitor accuracy and precision. No QAQC issues were noted
with the results reported herein. All drill intercepts reported are down-hole core lengths, which
do not necessarily represent true widths.
The technical information presented in this news release has been reviewed and approved by
William Paterson QP, P.Geo, Vice President of Exploration of Trillium Gold Mines., as defined
by NI 43-101.
NEWS RELEASE
Trillium Gold Mines Inc. [email protected] +1 604 688 9588 +1 778 329 9361
On behalf of the Board of Directors,
Trillium Gold Mines Inc.
Russell Starr
Chairman, President & CEO
For further information, please contact Donna Yoshimatsu, VP Corporate Development and
Investor Relations at [email protected], (416) 722-2456, or [email protected].
Visit our website at www.trilliumgold.com.
About Trillium Gold Mines Inc.
Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition,
exploration and development of mineral properties located in the Red Lake Mining District of
Northern Ontario. As part of its regional -scale consolidation strategy , the Company has
assembled the largest prospective land package in and around the Red Lake mining district in
proximity to major mines and deposits , as well as the Confederation Lake and Birch-Uchi
greenstone belts. Recent examples are the acquisition of the Willis property southwest of and
contiguous to the Newman Todd complex, and a definitive agreement giving the Company control
over a significant portion of the Confederation Lake Greenstone Belt to more than 100 k m in
length. In addition, the Company has interests in highly prospective properties in Larder Lake,
Ontario and the Matagami and Chibougamau areas of Quebec.
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.
Cautionary note regarding forward-looking statements
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:
impacts arising from the global disruption caused by the Covid- 19 coronavirus outbreak, business
integration risks; fluctuations in general macroeconomic co nditions; fluctuations in securities markets;
fluctuations in spot and forward prices of gold or certain other commodities; change in national and local
government, legislation, taxation, controls, regulations and political or economic developments; risks and
hazards associated with the business of mineral exploration, development and mining (including
environmental hazards, industrial accidents ); inability to obtain adequate insurance to cover risks and
hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations;
relationships with and claims by local communities and indigenous populations; availability of increasing
costs associated with mining inputs and labour; the speculative nature of mineral exploration and
development (including the risks of obtaining necessary licenses, permits and approvals from government
authorities); and title to properties.
NEWS RELEASE
Trillium Gold Mines Inc. [email protected] +1 604 688 9588 +1 778 329 9361
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.