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Renegade Gold Inc. (TGLDF) is a growth-focused company with a strategic focus on acquiring, exploring, and developing mineral properties in the Red Lake Mining District of Northern Ontario. The recent multi-drill exploration campaign at the Red Lake Gold Project highlights the Company's commitment to discovering high-grade mineralization and expanding its prospective land package. With a diverse exploration portfolio and a regional-scale consolidation strategy, Renegade Gold is well-positioned to capitalize on the significant potential for gold and critical minerals in the region.
Trillium Gold Mines reported promising results from its 2022 summer exploration at the Newman Todd Complex near Red Lake, Ontario. A total of 7,665 metres were drilled in 17 holes, revealing significant gold mineralization, particularly at depths previously unexplored. Key intersections included 8.75 g/t Au over 20.4 metres and 40.56 g/t Au over 4.18 metres. The geological team's new analysis suggests that high-grade zones extend southeast, expanding potential drilling targets. The results may enhance the open-pit mining scenario, positively impacting the company's future prospects.
Trillium Gold Mines (TGLDF) has issued 473,934 common shares to Benton Resources for a cash payment of Cdn $100,000, acquiring a 70% interest in the Panama Lake Property. This acquisition increases Trillium's land holdings along the Confederation Belt to over 58,400 hectares, positioning the company favorably within the Red Lake mining district, near Kinross Gold's LP Fault Zone. The share issuance price was $0.211, based on the 10-day volume-weighted average. The issued securities are subject to a four-month hold period.
Trillium Gold Mines intends to issue 473,934 common shares to Benton Resources Inc. as a payment of Cdn $100,000 under the Option Agreement for acquiring a 70% interest in the Panama Lake Property. The shares, priced at $0.211 each, are subject to TSX Venture Exchange approval and a four-month hold period. This acquisition expands Trillium Gold’s land package in the Red Lake mining district to over 58,400 hectares, enhancing its position in a region known for significant gold deposits.
Trillium Gold Mines (OTCQX:TGLDF) announced promising drill results from the Newman Todd Complex in Red Lake, Ontario. Notable intersections include 40.56 g/t Au over 4.18 metres and 8.75 g/t Au over 20.4 metres, with records showing up to 549.0 g/t Au over 0.3 metres. These results expand the known mineralization depth to nearly 600 metres and indicate significant high-grade potential. The company aims to leverage these findings to enhance its resource estimates in this historically under-drilled area.
Trillium Gold Mines Inc. (OTCQX:TGLDF) announced Mr. Luke Norman as the Executive Chair of its Board of Directors, effective immediately. Norman brings extensive experience in the precious metals sector, having co-founded successful ventures like Gold Standard Ventures. He has been a significant investor in Trillium Gold since 2020. Russell Starr remains as President and CEO after stepping down from his Interim Chair position. This management change aims to leverage Norman’s industry reputation to enhance shareholder value as the company continues its exploration efforts in the Red Lake Mining District.
Trillium Gold Mines (TGLDF) has provided an update on its exploration activities in Red Lake, Ontario, highlighting the need to suspend drilling at the Newman Todd and Gold Centre projects due to delays in assay results. The company continues to focus on the Confederation belt projects while awaiting assay outcomes. The Newman Todd Complex has seen 17 drillholes yielding over 2,100 pending assays, and the Gold Centre property has drilled 4,950 metres in five holes with more than 450 assays pending. Trillium has expanded its land position to 60,080 hectares, positioning itself in a promising mining region.
Trillium Gold Mines (TGLDF) reported progress on its Confederation belt projects in Red Lake, Ontario, with 21 historic drill holes now being processed for gold analysis. The company emphasizes the cost-effective exploration potential by re-logging historic core and finding previously unrecognized gold deposits along the LP Fault Zone. With 800 samples already submitted and additional drilling permits in progress, Trillium aims to validate new gold occurrences in previously unsampled areas. The ongoing efforts highlight a significant opportunity in this world-class mining region.
Trillium Gold Mines has completed the acquisition of the Panama Lake Property from St. Anthony Gold Corp. for Cdn $500,000 and 1,000,000 shares. This acquisition adds 9,882 hectares to Trillium's holdings along the Confederation belt, now totaling over 58,400 hectares in the Red Lake mining district. The company plans an initial 6,000 metres of drilling on the property, which has shown promising gold values. Key financial terms include future payments to acquire up to 100% interest and a potential net smelter royalty buy-back.
Trillium Gold Mines has successfully acquired the majority of Imagine Lithium’s Eastern Vision property holdings in Ontario’s Confederation Lake area. The acquisition, covering 13,958 hectares, enhances Trillium's control over a substantial portion of the Confederation Lake assemblage, strategically positioned near significant deposits. The deal involved issuing 2.8 million common shares and a cash payment of $175,000. Trillium will also assume Imagine's cash commitments under existing option agreements, with a total of $186,000 to be paid over two years as part of the terms.
Trillium Gold Mines has initiated a major exploration program on its newly consolidated Confederation Belt Project, covering 54,362 hectares in the Red Lake District. The project, featuring over 110 kilometers along significant geological structures, aims to uncover gold and other critical minerals.
Initial exploration involves 6,000 meters of drilling on prioritized targets. The company expects to receive drilling permits in summer 2022, with plans for extensive geological assessments and follow-ups on high-potential areas. The Confederation project aims to establish Trillium Gold as a key player in the burgeoning Red Lake gold sector.
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