Tombill Mines Confirms Continuance of the F- Zone Extension Over Its Flagship Property, Discovers New High Grade F2-Zone, and Starts Shallow Drilling F-Zone: Intersects 5.29 GPT Gold Over 8.0M and 8.15 GPT Over 4.1M F2-Zone:
Tombill Mines Confirms Continuance of the F-
Zone Extension Over Its Flagship Property,
Discovers New High Grade F2-Zone, and
Starts Shallow Drilling
F-Zone:
Intersects 5.29 GPT Gold Over 8.0M and 8.15 GPT Over 4.1M
F2-Zone:
Intersects 13.88 GPT Gold Over 2.0M and 9.17 GPT Gold Over 3.0M
Shallow Drilling Surrounding the Talmora Target Has Commenced
Toronto, Ontario--(Newsfile Corp. - September 20, 2021) - (TSXV: TBLL) Tombill Mines Limited (the
"Company" or "Tombill"), is pleased to provide an exploration update at its 100% controlled, royalty-free
flagship and patented Tombill Main Group property within the Geraldton Gold Camp.
Summary of Recent Results From Phase One Drill Program
To Date
Hole TB21-005E, a wedge hole drilled from mother hole TB21-005, returned
5.29 grams per
tonne (gpt) gold over 8.0m (metres)
from the targeted F-Zone
.
A second interval of
13.88 gpt
gold over 2.0m
was encountered somewhat deeper in a new mineralized structure deemed the
F2-Zone.
Hole TB21-005B, another wedge hole drilled from hole TB21-005, returned
8.15 gpt gold over
4.1 m
from the F-Zone.
As previously reported in our news release dated June 17, 2021, hole TB21-005A, the first wedge
hole drilled from TB21-005, returned
6.23 gpt gold over 13.3 m
confirming Hardrock's robust F-
Zone extends onto Tombill's flagship property.
The spacing between the F-Zone intercepts in holes TB21-005A and TB21-005E is 21m, these
intercepts are situated approximately 250m west of the eastern property boundary with the
neighbouring Hardrock mine.
F-Zone remains open down-plunge to the west
and will soon be tested by hole TB21-006, a
150m step-out to the west of TB21-005.
Recent drilling has indicated an area of structural complexity exists between hole TB21-005 and
the eastern property boundary where Tombill has determined a series of N-S trending faults and at
least one post mineral dyke have resulted in some lateral offsets to the zone.
The F-Zone intercept encountered in hole TB21-005A and TB21-005E intercepted the zone on its
originally projected trend, beyond the identified area of structural complexity.
Tombill are encouraged by the number of other multiple subsidiary zones that the drilling has
intersected both above and below the main F-Zone target. These subsidiary zones are relatively
narrow where they have been intersected due to their different plunge orientation when compared
to the F-Zone. It is anticipated that these zones will be the focus of additional work after the F-Zone
has been more fully delineated.
Phase One drilling is ongoing with two drills from Rodren Drilling.
Figure 1 - Longitudinal Section in 3D Looking North
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Table 1 – Significant Results of Phase One Drill Program to Date
Hole-ID
Collar UTM
Azimuth/
Dip(degrees)
From (m)
To (m)
Length (m)
Au (gpt)
Zone
TB21-001A
Wedged at
400m on
TB21-001
500987E,
5502807N
1191
1192
1.0
6.03
F-Zone
TB21-002
501048E,
5502609N
355/-82
768
769
1.0
4.21
HW Zone
(drilled
below F-
Zone)
1203
1203.8
0.8
6.90
K-Zone
TB21-004
501048E,
5502609N
358/-78
757.7
758.7
1.0
5.29
UM-Zone
1242.4
1244.5
2.1
4.50
F-Zone
1018.5
1022.7
4.2
2.99
SP Zone
TB21-005A
Wedged at
600m on
TB21-005
500909E,
5502915N
1078
1081.5
3.5
2.05
F-Zone
Upper
1095
1108.3
13.3
6.24
F-Zone
TB21-005B
Wedged at
636m on
TB21-005A
500909E,
5502915N
1214.0
1218.1
4.1
8.15
F-Zone
1085.0
1087.0
2.0
6.08
F-Zone
TB21-005E
Wedged at
550m on
TB21-005
1102.0
1110.0
8.0
5.29
F-Zone
500909E,
5502915N
1152.0
1154.0
2.0
13.88
F2-Zone
1162.0
1165.0
3.0
9.17
F2-Zone
Note: UTM co-ordinates in NAD83 Zone 16U
Summary of Phase One Drill Program Since Last Exploration Update
The Phase One Drill Program on the Tombill Main Group is ongoing.
This program is focussed on the
western strike extension of neighbouring Hardrock Project's robust F-Zone.
The area immediately west
of Tombill Main Group's eastern property boundary was shown to have some structural complexity with
N-S trending faulting and at least one post mineral dyke.
Tombill's geology team have now assembled
enough drill-hole data to accurately interpret this area of complexity thus allowing for better targeting of
the F-Zone moving forward.
Results since our press release of June 17, 2021:
TB21-005B was drilled to test the F-Zone 50m above the TB21-005A intercept.
The drill hole
intersected the F-Zone with 4.1m of 8.15 gpt gold with multiple VG specks.
TB21-005C was wedged from TB21-005.
The drill hole was abandoned due to excessive
deviation from plan.
TB21-005D was wedged from TB21-005.
The drill hole was abandoned due to excessive
deviation from plan.
TB21-005E was wedged from TB21-005. The drill hole intersected F-Zone mineralization from
1005-1119m with 2 significant assay intercepts being: 2.0m at 6.08 gpt gold in BIF and quartz
veins, and a second F-Zone intercept of 8.0m at 5.29 gpt gold in Greywacke with sulphides
associated with quartz veins.
A new zone was found north of the F-Zone.
This mineralized zone, the
F2-Zone, had two very significant intervals with 2.0m at 13.88 gpt gold and 3.0m at 9.17 gpt gold.
Both intervals were in Greywacke with quartz and associated sulphides with VG.
Start of Tombill's Shallow Drill Program
In tandem with Tombill's deep F-Zone drill campaign, the Company is also undertaking aggressive
surface exploration. A near-surface drill program started some two weeks ago on Tombill Main Group's
Talmora target located in the northeast corner of the property in areas surrounding a past producing
Talmora gold mine. To date, two holes have been completed in the 300 to 450 metre range, and a third
hole is currently in progress. The target is a broad zone believed to have potential for disseminated
mineralization.
Figure 2 – Shallow Drilling at Talmora
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Adam Horne, CEO - commented; "I am happy to report we have embarked on our near surface program
at Talmora (a past producing mine) plus we are seeing further confirmation of the high-grade F-Zone,
and the addition of the new F2-Zone. In the early stages of this program, we naturally confronted volatility
in the execution of our drilling program and our team in Geraldton has made great positive strides to
overcome these hurdles.
We hope to continue to provide more regular updates as we proceed."
Quinton Hennigh, Geologic Director for strategic shareholder, Crescat Capital, further added; "It is great
to see Tombill advance both deep and shallow exploration on this underexplored gold project in what is
proving to be one of the most prolific gold camps in Ontario. Recent drill results continue to support the
thesis that the prolific F-Zone persists unabated onto Tombill's property. And as for shallow gold
mineralization, it is logical that strong potential exists at Tombill given that adjoining properties host a
number of such gold deposits. Talmora is the first of several shallow targets the Company plans on
testing over coming months. This story is just beginning."
QA/QC
Assays were performed at Actlabs accredited lab in Geraldton, Ontario. Tombill geologists insert blanks
and standards into the sample stream at a rate of 1 per 25 samples. A chain of custody is maintained to
the assay lab. At present the true widths of the mineralized intercepts have not been calculated.
Qualified Person
Dave Laudrum, P.Geo, is the Company's designated Qualified Person for this news release within the
meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed
and approved its scientific and technical content.
About Tombill
Tombill owns various royalty-free mineral exploration and past-producing gold properties in the
Geraldton and Beardmore Camp, Ontario.
The Company's business is mineral exploration, primarily
gold. It has 74 claims: 60 are owned and patented, five leased, and nine where it owns the mineral rights.
Of these, the Tombill Main Group property comprises 58 claims: 54 owned patents, and four owned
mineral rights. The Tombill Main Group claims were originally staked in the first Geraldton Gold Rush in
the 1930's by Tom Johnson and his brother Bill.
For more information, please visit
www.tombillmines.com
, and contact:
Adam Horne
Chairman & Chief Executive Officer
Email:
/ Tel: +44 (0) 207 529 2351
Reda Jalabi
Strategic Development
Email:
/ Tel: +44 (0) 207 529 2361
Cautionary Note Regarding Forward-Looking Information
Certain information contained herein constitutes "forward-looking information" under Canadian
securities legislation. Forward-looking information includes, but is not limited to, statements with
respect to the trading date of the Company's common shares on the TSXV. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as "will" or variations of
such words and phrases or statements that certain actions, events or results "will" occur. Forward-
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statements are made and they are subject to known and unknown risks, uncertainties and other factors
that may cause the actual results to be materially different from those expressed or implied by such
forward-looking statements or forward-looking information. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Readers should not place undue reliance on forward-looking
statements and forward-looking information. The Company will not update any forward-looking
statements or forward-looking information that are incorporated by reference herein, except as
required by applicable securities laws.
Additional information identifying risks and uncertainties is contained in filings by the Company with
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www.sedar.com
.
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https://www.newsfilecorp.com/release/97014