Trojan Gold Inc. Announces Commencement of a Land Survey on the Paulpic-Wascanna Gold Property
Trojan Gold Inc. (CSE: TGII) (OTC Pink: TRJGF) has commissioned J.D. Barnes to perform a land survey of the mining claim covering the Wascanna Shaft on the Paulpic-Wascanna gold property. This survey supports the application for a Mining and Surface Rights Lease, which is necessary for potential advanced exploration activities, including possible future underground development.
The company is also pursuing an Early Exploration Permit for surface diamond drilling, sampling of historical gold-bearing rock stockpiles, and channel sampling of the Wascanna vein system. The Paulpic-Wascanna property, located in the Beardmore-Geraldton-Tashota greenstone belt of Northwestern Ontario, comprises four mining leases and twenty-five mining claims, covering two significant gold deposits and several under-explored gold occurrences.
Trojan Gold Inc. (CSE: TGII) (OTC Pink: TRJGF) ha incaricato J.D. Barnes di eseguire un rilievo topografico del diritto minerario che copre il pozzo Wascanna nel proprietà aurifera Paulpic-Wascanna. Questo rilievo supporta la richiesta per un contratto di locazione per diritti minerari e superficiali, necessario per potenziali attività di esplorazione avanzata, inclusa la possibile futura sviluppo sotterraneo.
La società sta inoltre perseguendo un permesso di esplorazione precoce per perforazioni a diamante in superficie, campionamento di stock di rocce mineralizzate storiche e campionamento a canale del sistema vein Wascanna. La proprietà Paulpic-Wascanna, situata nella fascia verde Beardmore-Geraldton-Tashota nel Northwestern Ontario, comprende quattro contratti minerari e venticinque diritti minerari, coprendo due significativi depositi d'oro e diversi occorrenze d'oro poco esplorati.
Trojan Gold Inc. (CSE: TGII) (OTC Pink: TRJGF) ha contratado a J.D. Barnes para realizar un estudio topográfico de la concesión minera que abarca el pozo Wascanna en la propiedad aurífera Paulpic-Wascanna. Este estudio apoya la solicitud de un contrato de arrendamiento de derechos mineros y superficiales, que es necesario para posibles actividades de exploración avanzada, incluida el posible desarrollo subterráneo futuro.
La empresa también está solicitando un permiso de exploración temprana para perforaciones de diamante en superficie, muestreo de pilas de roca históricas que contienen oro y muestreo de canal del sistema de vena Wascanna. La propiedad Paulpic-Wascanna, ubicada en la franja verde Beardmore-Geraldton-Tashota en el noroeste de Ontario, comprende cuatro arrendamientos mineros y veinticinco concesiones mineras, abarcando dos importantes depósitos de oro y varias ocurrencias de oro poco exploradas.
Trojan Gold Inc. (CSE: TGII) (OTC Pink: TRJGF)는 J.D. Barnes에게 토지 조사를 의뢰하여 Paulpic-Wascanna 금 속성 내의 Wascanna 샤프트에 해당하는 광산 청구권을 조사하고 있습니다. 이 조사는 가능성 있는 고급 탐사 활동을 위한 광업 및 표면 권리 임대 계약 신청을 지원하며, 향후 지하 개발 가능성을 포함합니다.
회사는 또한 표면 다이아몬드 드릴링, 역사적 금 함유 암석 더미 샘플링 및 Wascanna vein 시스템의 채널 샘플링을 위한 조기 탐사 허가를 추진하고 있습니다. Paulpic-Wascanna 재산은 노스웨스턴 온타리오의 Beardmore-Geraldton-Tashota 녹색암대에 위치하며, 네 개의 광산 임대 계약과 스물다섯 개의 광산 청구권을 포함하고 있어 두 개의 주요 금 매장지와 여러 미탐사 금 발생을 포함합니다.
Trojan Gold Inc. (CSE: TGII) (OTC Pink: TRJGF) a chargé J.D. Barnes de réaliser une étude de terrain sur la concession minière couvrant le puits Wascanna sur la propriété aurifère Paulpic-Wascanna. Cette étude soutient la demande d'un bail de droits miniers et de surface, nécessaire pour de potentielles activités d'exploration avancée, y compris un développement souterrain futur possible.
La société poursuit également un permis d'exploration précoce pour le forage diamant en surface, l'échantillonnage des stocks de roches aurifères historiques et l'échantillonnage de canaux du système de veines Wascanna. La propriété Paulpic-Wascanna, située dans la ceinture de roches vertes Beardmore-Geraldton-Tashota du Nord-Ouest de l'Ontario, comprend quatre baux miniers et vingt-cinq concessions minières, couvrant deux dépôts d'or significatifs et plusieurs occurrences d'or peu explorées.
Trojan Gold Inc. (CSE: TGII) (OTC Pink: TRJGF) hat J.D. Barnes beauftragt, eine Geländeaufnahme des Bergbauanspruchs durchzuführen, der den Wascanna-Schacht auf dem Goldbesitz Paulpic-Wascanna abdeckt. Diese Untersuchung unterstützt den Antrag auf einen Bergbau- und Oberflächenrechte-Pachtvertrag, der für mögliche fortgeschrittene Erkundungsaktivitäten, einschließlich möglicher künftiger Untertageentwicklung, erforderlich ist.
Das Unternehmen verfolgt auch eine Genehmigung für frühe Explorationen für Oberflächen-Diamantbohrungen, die Probeentnahme historischer goldhaltiger Gesteinslager und die Kanalprobe des Wascanna-Vensystems. Das Paulpic-Wascanna-Gelände, das sich im Beardmore-Geraldton-Tashota-Grünsteingürtel im Nordwesten von Ontario befindet, umfasst vier Bergbaulizenzen und fünfundzwanzig Bergbauansprüche, die zwei bedeutende Goldlagerstätten und mehrere wenig erkundete Goldvorkommen abdecken.
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Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - Trojan Gold Inc. (CSE: TGII) (OTC Pink: TRJGF) (FSE: KC1) ("Trojan" or the "Company ") announces that further to our April 25, 2024 press release with respect to the assignment of
The Paulpic-Wascanna gold property lies within the Beardmore-Geraldton-Tashota greenstone belt, approximately 80 km northwest of the town of Geraldton and 240 km northeast of the City of Thunder Bay in Northwestern Ontario. The property, which currently comprises four mining leases and twenty-five mining claims, covers two significant gold deposits as well as several under-explored gold occurrences.
Technical Information
Scientific and technical content of this press release has been reviewed and approved by Dr. Collin Bowdidge, P. Geo. for Trojan Gold, who is a "Qualified Person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Dr. Bowdidge is a consultant who is considered independent.
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. For further information on the Company, please visit www.trojangold.com. Trojan is listed on the Canadian Securities Exchange under the symbol (CSE: TGII) and the OTC PINK Market under the ticker symbol TRJGF.
For further information, please contact:
Charles J. Elbourne, President & CEO
Trojan Gold Inc.
82 Richmond St. East, Suite 401
Toronto, Ontario M5C 1P1
Telephone: 416-315-6490
Email: elbourne007@gmail.com
Website: www.trojangold.com
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward- looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited: matters relating to the proposed Transaction described in this press release, including the potential alternatives for the structure of such Transaction and the entering into of a definitive agreement evidencing the final terms and structure of the Transaction; and to future exploration potential and success of exploration activities on the Company's mineral properties.
Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that: the Company will receive all necessary approvals to complete the Transaction on the terms as currently contemplated or at all; the Company and Tashota will be able to agree on definitive terms relating to the proposed Transaction; and sufficient capital, personnel and other resources will be available to the Company that will allow it to undertake exploration activities on its properties.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to: the risk that the Company and Tashota will not be able to come to reach an agreement on the terms of the proposed Transaction; the risk that the Company and/or Tashota will not receive all necessary approvals relating to the proposed Transaction; the potential for the proposed Transaction to not be completed for reasons outlined above or due to other factors; the impact of the recovery post COVID 19 pandemic, including but not limited to its impact on precious metals and the mining industry generally; the Company not having access to the resources it needs in order to carry out its proposed exploration activities as currently contemplated or at all; risks and uncertainties inherent to any junior mining company; general business, economic, competitive, political and social uncertainties; future gold and other metal prices; accidents, labour disputes and shortages; environmental risks; and other risks relating to mining industry, including the risks set out in the Company's public disclosure documents that can be found on its profile page at www.sedarplus.ca.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward- looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. The Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
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FAQ
What is the purpose of the land survey commissioned by Trojan Gold Inc. (TRJGF) on the Paulpic-Wascanna property?
What activities are included in Trojan Gold's (TRJGF) Early Exploration Permit application for the Paulpic-Wascanna property?
Where is the Paulpic-Wascanna gold property owned by Trojan Gold (TRJGF) located?
How many mining leases and claims does Trojan Gold's (TRJGF) Paulpic-Wascanna property currently comprise?
