Tombill Provides Update On Their Old Mine & Talmora Stockpiles
Tombill Provides Update On Their Old Mine &
Talmora Stockpiles
Toronto and Geraldton, Ontario--(Newsfile Corp. - January 21, 2025) -
Tombill Mines Limited (TSXV:
TBLL) (the "Company", "Tombill") is pleased to announce an update on recent exploration of mineralized
stockpiles on its Tombill Old Mine and Talmora Mine assets.
Tombill Old Mine Stockpiles
The Tombill Old Mine, which is on and accessible from the Trans-Canada Highway, was mined from
1938-42 and 1955, producing 68,737 oz Au at 12.36 grams/tonnes. From those extractions various
legacy stockpiles remain representing a mineralized area of 16,153 meters
2
with elevations (derived
from the collars access points) ranging from 358.07 m to 366.65 m.
From 23 July until 18 November 2024 (including 3 samples collected 6 December 2019) the company
produced 55 collars gathering 69 samples for assays with depths ranging from 40 cm to 220 cm,
averaging 96 cm. The grade of these 69 samples varied from <0.001 to 20.7 g/t Au, averaging 3.15 g/t
Au. Eleven bulk density samples were collected (of which 2 were deemed defective) ranging from 1.31
g/cm
3
to 1.74 g/cm
3
, yielding an average density of 1.49 g/cm
3
.
To collect these 69 samples over 55 collars, the company utilized a combination of a hand augur,
excavator, and shovel over a mapped-out grid of 26 quadrants, each measuring 25 m X 25 m. On
average, the samples to quadrants ratio was about 2.7 times; however, a disproportionate number of
samples were collected in the higher gold grading areas. All samples were collected exclusively from the
mine tailings material and no bedrock or overburden were included.
During the upcoming 2025 field season, Tombill plans to conduct further work in determining volumes
and a potential gold resource.
Below, summarizes results from the 69 samples collected to date:
Stock Piles
Assay Date
Collars/Sample
Assay ID
Elevations
Eastings
Northing
Ore Bearing Depth
of Collar(M)
G/T
Exotic
06/12/2019
TBM19-01
365.0
493714
5505038
0.75
11.80
TBM19-02
366.3
493708
5505041
0.75
10.50
TBM19-03
366.3
493703
5505042
0.75
12.20
02/10/2024
TBT24-023
365.1
493712
5505035
0.75
20.70
08/11/2024
TBT24-036
366.7
493699
5505041
0.75
9.51
TBT24-037
365.5
493704
5505048
0.75
9.20
TBT24-038
365.3
493711
5505044
0.75
3.36
Main Tailing
23/07/2024
TBT24-002
360.7
493809
5504971
0.40
1.43
TBT24-003
360.1
493832
5504983
0.40
1.53
TBT24-004
359.6
493850
5505000
0.40
1.40
TBT24-005
359.1
493867
5505016
0.40
0.97
TBT24-006
358.7
493882
5505036
0.40
0.99
04/09/2024
TBT24-009
359.0
493864
5505045
0.40
4.31
TBT24-010
358.7
493871
5505068
0.40
3.72
TBT24-011
358.1
493897
5505085
0.40
4.75
02/10/2024
TBT24-029
359.8
493827
5504953
0.40
1.20
TBT24-030
359.7
493844
5504972
0.40
1.15
TBT24-031
358.9
493877
5505000
0.40
1.22
TBT24-034
358.6
493882
5505056
0.40
1.24
18/11/2024
TBT24-056
359.0
493855
5505030
0.50
3.56
TBT24-057
358.7
493872
5505045
0.45
1.49
TBT24-058
358.5
493885
5505058
0.50
1.06
Mixed
Tailings
03/09/2024
TBT24-012
364.5
493734
5505033
0.40
14.80
TBT24-014
363.0
493748
5505005
0.40
7.15
TBT24-015
364.2
493724
5505016
0.40
2.36
TBT24-016
361.6
493769
5504987
0.40
0.55
02/10/2024
TBT24-024
363.9
493745
5505022
0.40
4.24
18/11/2024
TBT24-039 (A)
361.1
493775
5504985
1.20
1.44
TBT24-039 (B)
493775
5504985
1.20
0.77
TBT24-040
362.5
493755
5504997
0.50
3.73
TBT24-041 (A)
364.0
493734
5505015
1.20
0.10
TBT24-041 (B)
493734
5505015
1.20
0.03
TBT24-042
364.9
493726
5505029
0.40
8.65
Mine Rock
03/09/2024
TBT24-013
363.6
493761
5505028
1.50
5.68
TBT24-017
362.9
493787
5504988
1.50
0.14
TBT24-018
362.0
493789
5505020
1.50
3.58
TBT24-019
364.1
493776
5505056
1.50
1.64
TBT24-020
360.5
493817
5505014
1.50
0.69
TBT24-021
360.9
493842
5505035
1.75
0.06
TBT24-022
361.5
493809
5505055
1.75
0.54
02/10/2024
TBT24-025
362.5
493771
5505008
1.75
0.05
TBT24-026
364.8
493739
5505045
1.75
2.35
TBT24-027
360.7
493811
5505044
1.75
2.17
TBT24-028
361.9
493784
5505007
1.75
0.04
18/11/2024
TBT24-043 (A)
364.4
493748
5505048
1.20
0.67
TBT24-043 (B)
493748
5505048
0.78
TBT24-044 (A)
363.2
493765
5505025
1.50
2.04
TBT24-044 (B)
493765
5505025
1.95
TBT24-045(A)
361.8
493786
5505009
2.20
1.73
TBT24-045(B)
493786
5505009
0.66
TBT24-045(C)
493786
5505009
0.43
TBT24-046 (A)
360.4
493800
5504987
1.20
3.36
TBT24-046 (B)
493800
5504987
2.56
TBT24-047 (A)
360.4
493816
5505005
1.10
1.19
TBT24-047 (B)
493816
5505005
1.92
TBT24-048 (A)
361.6
493797
5505026
2.00
7.56
TBT24-048 (B)
493797
5505026
3.66
TBT24-049 (A)
364.4
493778
5505054
2.00
0.50
TBT24-049 (B)
493778
5505054
0.27
TBT24-050 (A)
364.1
493776
5505053
1.20
0.37
TBT24-050 (B)
493776
5505053
0.29
TBT24-051 (A)
362.0
493831
5505022
1.20
0.00
TBT24-051 (B)
493831
5505022
0.00
TBT24-052 (A)
360.5
493819
5505032
1.50
0.46
TBT24-052 (B)
493819
5505032
1.62
TBT24-053 (A)
361.1
493806
5505047
1.20
5.95
TBT24-053 (B)
493806
5505047
10.50
TBT24-054
360.2
493827
5505050
0.75
0.15
TBT24-055
360.3
493846
5505034
0.50
0.56
Average
0.97
3.15
Note: All assays derived by AGAT Laboratories on the dates noted above, except for 3 samples (TBM-01, 02, 03) collected on 6/12/2019 and analyzed
by Activation Laboratories (Actlabs).
Talmora Mine
In addition to the Tombill Old Mine, on a limited basis, we embarked on sampling our other legacy
Talmora Mine stockpiles on the northeast corner of our Main Group patented claims, and we are
encouraged by the grades derived from the 10 samples collected to date. The Talmora Mine was mined
in 1942 and from 1947-48, producing 1,406 oz Au at a grade of 5.04 g/t. Further work is necessary to
determine the stockpiles area and dimensions. Elevations (derived from the sample access points)
range from 329.54 m to 331.65 m.
On 2 October 2024, we collected 10 samples for assays from the mine tailings area to a depth of 40 cm
at each site. The grade of these samples varied from 0.06 to 21.60 g/t Au and averaged 4.9 g/t Au. To
date, no bulk density samples have been collected.
To collect the samples, we utilized a combination of a hand augur and shovel at sites over the stockpile
but have not employed a mapped-out grid yet. All samples were collected from the mine tailings area
and no bedrock or overburden were sampled.
During the 2025 field season, further exploration work will be conducted over a grid to complete
additional sampling and to determine area, volumes, bulk densities and a potential gold resource.
Below, summarizes results from the 10 samples collected to date at the Talmora site:
Collars/Sample Assay ID
Elevations (M)
Eastings
Northing
Ore Bearing Depth of
Collar(M)
G/T
TTA24-001
331.15
501139
5504200
0.4
3.46
TTA24-002
331.65
501159
5504194
0.4
0.85
TTA24-003
331.00
501169
5504171
0.4
0.06
TTA24-004
331.42
501185
5504195
0.4
0.66
TTA24-005
330.86
501207
5504206
0.4
3.04
TTA24-006
331.40
501198
5504230
0.4
21.60
TTA24-007
331.54
501172
5504242
0.4
3.81
TTA24-008
331.14
501140
5504233
0.4
3.40
TTA24-009
329.70
501217
5504218
0.4
9.78
TTA24-010
329.54
501226
5504244
0.4
2.35
Average
0.4
4.90
Assays derived by AGAT Laboratories, Thunder Bay 2 October 2024
Assays
Assays were performed at AGAT Laboratories, an accredited lab in Thunder Bay, Ontario. A chain of
custody is maintained to the assay lab.
Qualified Person
Gerry White P.Geo., Superior Rift Geoconsulting Inc., 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
Founded 1935, jointly by Newmont Mining and 'Tom' and 'Bill' Johnson, Tombill (TSXV: TBLL) owns 2 of
the 11 past- producing and producing mines in the Geraldton Greenstone Gold District (pop. 4300,
about 225 km NE of Thunder Bay). Within this optimal local and mining infrastructure, our assets
comprise 4 royalty-free claims groups, occupying the middle of the Geraldton Gold District. The
Greenstone Open Pit Gold Mine (established May 2024), which we border with our Main Group east
boundary, is one of Canada's largest gold mines & mill by both annual production and grade according
to its owners Equinox Gold Corp (TSX/NYSE: EQX). Our assets comprise 74 royalty-free claims (60 fully
owned patented claims, 9 fully owned patented mineral rights, and 5 leases). Of these, the 51-patented
claim Main Group borders west of the Greenstone Gold Mine and straddles the Trans- Canada Highway;
the 5-claim Ellis Group lies 4 km south of the town of Geraldton; and the original Tombill Old Mine group
of 6-patented claims sits 10 km west-southwest of Geraldton. The Tombill Old Mine produced 68,737
gold oz at a grade of 12.47 g/t between 1938 -1942 and 1955 in the southeast part of that claim group.
The Talmora Mine, located northeast on the Main Group, was built in 1942, but saw only very minor
production before closing in 1948 (1,406 gold oz at 5.05 g/t).
The Geraldton camp is approximately 15 km in length over a defined corridor -- essentially along the
Bankfield Tombill Fault & Trans-Canada Highway -- housing multiple shallow and deep gold zones, 10
past-producing mines and 1 producing open pit mine stemming from the most easterly Greenstone
Open Pit Gold Mine to the most westerly past-producing Key Lake Mine.
Location Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7659/237877_305e1fbcc499eb48_001full.jpg
For more information, please visit
www.tombillmines.com,
and contact:
Adam Horne
Email:
Tel: +1 647 4938 270
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 its exploration program. 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-looking statements are based on the opinions and estimates of management as of the date such 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 the Canadian securities regulators, which filings are available at
www.sedar.com.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or
accuracy of this release.
To view the source version of this press release, please visit
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