Tres-Or Updates Work and Targets Identified from Ground Geophysics Completed at the Fontana Gold Project, Quebec and Appoints a New Director
Tres-Or Head Office | 1934 – 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
NEWS RELEASE
Tres-Or Updates Work and Targets Identified from Ground Geophysics
Completed at the Fontana Gold Project, Quebec and Appoints a New Director
Vancouver, B.C. – February 21, 2018 - Tres-Or Resources Ltd. (“Tres -Or” or the “Company” )
(TSX-V: TRS, OTCPK: TRSFF ) is pleased to provide an update on its ongoing 3D modelling
initiative and exploration plans, as well as a review of historical data for the Fontana Gold Project,
the Company’s flagship project located 10 km northeast of Amos, and 65 km north of Val -d’Or,
Quebec.
Fontana was originally discovered in the 1930s, and has been the subject of considerable historical
work including a 92 m shaft, 242 m of underground galleries, 350 drill holes, surface samples and
22,047 tonnes of bulk samples yielding a reported 14 38 ounces of gold (see Map 1 and NR
December 8, 2017). Most of the work (e.g. 220 drill holes, and 22,000 tonnes of bulk samples)
was completed in the late 1980s, when gold was around US$350 an ounce. No work occurred on
the Project between 1991 and 201 2. Multiple high-interest gold zones were identified within the
Fontana project area. Based on a review of the historical data, Tres-Or has identified four high-
priority targets : the Hooper -Bunkhouse zone, Zone 27 , the Fontana shaft area and the Toughie
zone.
“Fontana is the heart of the Amos gold district, and Tres -Or’s ongoing compilation and 3D
modelling of past results appears to point encouragingly towards a significant gold opportunity.
Tres-Or is excited to be advancing the promising Fontana Gold Project with plans for a substantial
drill program.” said Laura Lee Duffett, Tres-Or’s President and CEO.
Map 1: Fontana Gold Project, showing major structures, priority gold zones, and bulk sample sites.
Tres-Or’s review of the data reports from the late 1980s and earlier , including the reported
recovery of 1438 ounces of gold from the bulk samples (at an average grade of 2.04 grams Au per
metric tonne), as well as identification of multiple priority gold zones with significant mineralized
drill intervals convinces the Company that the Fontana Gold Project holds strong promise given
current gold prices in excess of US$1300 an ounce.
Tres-Or Head Office | 1934 – 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
Four Priority Target areas:
1) Hooper-Bunkhouse Zone: The Hooper-Bunkhouse Zone is located at the intersection of
the northeast striking Bunkhouse sheared quartz vein with multiple northwest oriented
sulfide-rich quartz veins. It is the location of the most gold -rich drill intersections
including historical drill hole JB -200B, which intersected 17.5 g/t gold over 38.1 meters .
Tres-Or’s 2017 drill program comprising four holes in this area confirmed high -grade gold
mineralization, intersecting 46.1 g/t Au over 0.5 m ; 15.9 g/t Au over 1.0 m from the
Hooper (sulfide-rich) veins; and 10.1 g/t Au over 1.0 m from Bunkhouse sheared quartz
veins (see NR December 8, 2017 for details). This zone is also the site of large bulk
samples from the late 1980s, with open pits remaining as evidence today. These bulk
samples recovered 1420 ounces of go ld from 21,800 tonnes of extracted material for a
sample grade of 2.04 grams per tonne gold (g/t Au).
2) Zone 27: The Zone 27 (named for the first hole F -27 in this area from 1945) is a 300+ m
section of the northwest -trending Fontana main shear including s uch high-grade historical
drill intersections up to 6.53 g/t Au over 8.3 m (F-27), 58.4 g/t Au over 1.8 m (JB-006),
and 114 g/t Au over 0.9 m (JB-117), out of nearly 40 drill holes (Map 2) . No bulk
samples were completed in this high -priority zone. A tab le of significant intersections
from Zone 27 is provided on www.tres-or.com
3) Fontana Shaft Zone: The Fontana shaft zone extends approximately 500 m southeast
along the main shear, and was tested by more than 40 drill holes. The best intervals
include 44.1 g/t Au over 0.4 m (FT-13-01), 7.10 g/t Au over 1.22 m (JB-027), 25.03 g/t
Au over 0.1 m (F-46) and 1.46 g/t Au over 11.23 m (F-42, 6.2 m of interval not sampled),
as well as a bulk sample that yielded 3 ounces of gol d from 91 tonnes (recovered grade of
1.10 g/t Au).
4) Toughie Zone: The best intervals include 13.27 g/t Au over 2.87 m (JB-042) and 38.09
g/t Au over 0.9 m (JB-108), as well as a bulk sample that yielded 2 ounces of gold from 91
tonnes (reported grade of 0.51 g/t Au).
Map 2: Fontana Gold Project, showing historical drill holes in relation to priority targets.
Tres-Or Head Office | 1934 – 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
Tres-Or is currently using 3D modelling of all the drill results to better understand the potential for
extension of priority zones. Creation of 3D grade shells confirms potential to extend the historical
mineralization, possibly defining either underground or open pit gold mineralization . Th e
Company commenced this exploration program with 4 drill holes into the intersection of the
Hooper and Bunkhouse zones (#1 above) . T res-Or’s four holes confirmed high -grade gold
mineralization with intervals of 46.1 g/t Au over 0.5 m ; 15.9 g/t Au over 1. 0 m; and 10.1 g/t Au
over 1.0 m from both Hooper (sulfide -rich) and Bunkhouse (sheared quartz) zones (see NR
December 8, 2017 for details). The Company is now planning for a drill program to confirm and
expand each of the priority zones descri bed above, i n light of the historical data and our 3D
modelling work.
Tres-Or also completed a high -resolution ground HLEM geophysical survey over the same area,
identifying several near-surface anomalies consistent with sulfide veins warranting field follow -up
this s pring once the snow melts. The HLEM survey will be expanded if the anomalies have
identified new mineralization zones.
About the Fontana Gold Project
The Fontana Gold Project is the most advanced project in the Amos area of Quebec. It has been
the subject of considerable past work, including the sinking of a 92 meter shaft, excavation of 242
meters of underground workings, completion of over 300 drill holes, and processing of 22,047
tonnes of bulk sample material yielding 1,450 ounces of gold.
Gold mineralization within the Fontana Gold Zone occurs within quartz veins and veinlets spatially
associated with a number of northeast-southwest and northwest-southeast trending shear zones.
Some of the best historic drill intersections were repor ted at the intersection of the Hooper and
Bunkhouse zones, including 17.5 g/t gold over 38.1 meters (Drill Hole JB200B) and 17.1 g/t gold
over 13.7 meters (Drill Hole JB200).
Laura Lee Duffett, P.Geo. and Harrison Cookenboo, Ph.D., P.Geo, OGQ are the qualified persons
as defined in National Instrument- 43-101, who have reviewed and are responsible for the technical
information presented in this news release.
CORPORATE UPDATE: New Director Appointed
The Board of Directors of Tres -Or is pleased to announ ce the appointment of Louie Anthony
Spedaliere LL.B (Hons) as an independent director of Tres-Or Resources Ltd.
Mr. Spedaliere’s academic background includes studies in Law at Carleton University, Ottawa,
Ontario, Canada in 1994 -1997; trained by Professor’ s Linda Singer, Michael Lewis and Frank
Sander who is considered to be the father of ADR in Mediation at Harvard Law School,
Cambridge, Massachusetts, U.S.A in 2003 and Conflict Mediation Services of Downsview,
Mediation Training, Toronto, Ontario, Canada in 2004; Awarded a Bachelor of Laws with
Honours, LL.B (Hons), Nottingham Law School, Nottingham Trent University (Ranked one of the
best universities in the world in 2017) Nottingham, U.K. in 2006; Authored an honours thesis
titled: ‘ The Benefits of Fami ly Mediation as Compared to the Traditional Adversarial Approach’;
In 2006 Mr. Spedaliere became an Associate Member of Ontario Association For Family
Mediation; Granted a licen se to provide legal services by The Law Society of Upper Canada in
2010.
Tres-Or Head Office | 1934 – 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
Since 2010, Mr. Spedaliere has provided legal services in Ontario courts, tribunals, administrative
boards and mediated: civil litigation matters, family and workplace disputes. Mr. Spedaliere
teaches in the areas which he provides services and has been in strumental in the preparation of
curriculum changes that were required to comply with the evolving requirements of the Ministry of
Training Colleges and Universities of Ontario, The Law Society of Upper Canada and ADR
Institute of Ontario.
In 2002 Mr. Spedaliere and his brother Dominic incorporated Louianna Inc., which produces
certified organic, Protected Designation of Origin, Extra Virgin Olive Oil from olive groves owned
in Molise, Italy located south of Rome on the Adriatic Sea . The product is sold under the brand
Louianna and imported throughout Canada to over 400 fine food stores and grocery chains
including: Longo's, Pusateri's, McEwan, Highland Farms, Coppa’s Fresh Market, Bruno's Fine
Foods, Nature's Emporium, and Organic Garage to name a few, and Online at: louianna.com
Mr. Spedaliere is also actively involved in his local Richmond Hill, Ontario community and has
been appointed in Honourable Reza Moridi, Minister of R esearch, Innovation and Science, MPP
Riding as President of the Richmond Hill Provincial Liberal Association, Ontario Liberal Party
since 2011-Present.
On behalf of the Board of Directors
“Laura Lee Duffett”
Laura Lee Duffett
President and CEO
For further information contact:
Sebastian de Kloet – Strategic Advisor, Red Cloud Klondike Strike Inc. Ph: 416-970-5277
Dominic Spedaliere - Corporate Communications: Ph: 604-688-8700
Dean Claridge – Business Development: Ph: 604-880-1865
Email: [email protected] Website: www.tres-or.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.
About Tres-Or Resources Ltd.:
Tres-Or Resources Ltd. (TSX Venture: TRS) is a Canadian resource compan y focused on
exploring for gold, base metals and diamond resources in the Abitibi-Témiscamingue regions in
northwestern Quebec. Additional information related to the Company is available at: www.tres-
or.com .