Trojan Gold Inc. (CSE: TGII) (OTCQB: TRJGF) (‘Trojan’ or the ‘Company’) is pleased to provide an update on its preliminary prospecting program at its 50% owned Hemlo South property, subject of the Company’s most recent 43-101 Technical Report.
As noted in the 43-101 Technical Report, the Hemlo South property is located approximately 330 km northeast of Thunder Bay, 33km east from the Town of Marathon and is approximately 2km south of the Hemlo operations of Barrick Gold Inc. (Williams Mine) and comprises a total area of approximately 1,876 hectares (4,636 acres). The Hemlo Gold camp has produced some 21 million oz. gold to date and has been operating for 30 years. Barrick recently extended the life of the Williams Mine to 2026-2035 (from 2018)[1].
The Hemlo ore zone that produced that resource is sericite-rich and carries pyrite, gold, and molybdenite. It is geochemically anomalous in silver, arsenic, barium, antimony, vanadium, and mercury. In addition, there is also a potential for conventional orogenic-type (or ‘greenstone-type’) gold mineralization to occur on the Hemlo South property. These types of gold deposits are currently being sought at Hemlo South under the supervision of Trojan’s on-site geologists, Ryan Hrkac and Pizye Nankamba.
About Trojan Gold Inc.
Trojan is an active Ontario-based prospect generator junior exploration company, led by a team of professionals having exploration, engineering, project financing and permitting experience. Trojan has accumulated land positions in the Hemlo Gold Camp and Shebandowan Greenstone Belt which in management’s view represent mineral exploration potential. Trojan is listed on the Canadian Securities Exchange under the symbol (CSE: TGII) and the OTCQB Venture Market (‘OTCQB’) under the ticker symbol TRJGF.
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