Trifecta Gold Mobilizes Crew to Rye Project, Yukon and Grants Stock Options
Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) has initiated field work at its Rye Project in Yukon's Tombstone Gold Belt, supported by a Yukon Mineral Exploration Program grant. The project, located near key infrastructure and other significant gold discoveries, aims to evaluate the potential for a Reduced Intrusion Related Gold System (RIRGS). Previous rock samples yielded up to 8.37 g/t gold. The company plans detailed mapping, prospecting, soil sampling, and a LiDAR survey to develop a 3-D model for future drilling. Trifecta has also granted 1,485,000 stock options to directors, officers, and consultants at $0.15 per share for five years.
Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) ha avviato lavori sul campo presso il suo Progetto Rye nella Tombstone Gold Belt dello Yukon, supportato da un finanziamento del Yukon Mineral Exploration Program. Il progetto, situato vicino a infrastrutture chiave e ad altre significative scoperte d'oro, mira a valutare il potenziale di un Reduced Intrusion Related Gold System (RIRGS). I campioni di roccia precedenti hanno rivelato fino a 8.37 g/t di oro. L'azienda prevede una mappatura dettagliata, prospezioni, campionamento del suolo e un sondaggio LiDAR per sviluppare un modello 3D per futuri perforamenti. Trifecta ha anche concesso 1.485.000 opzioni su azioni a direttori, funzionari e consulenti a $0.15 per azione per cinque anni.
Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) ha iniciado trabajos de campo en su Proyecto Rye en el cinturón de oro Tombstone de Yukón, respaldados por una subvención del Programa de Exploración Mineral de Yukón. El proyecto, ubicado cerca de infraestructura clave y otros importantes descubrimientos de oro, tiene como objetivo evaluar el potencial de un Reduced Intrusion Related Gold System (RIRGS). Las muestras de roca anteriores arrojaron hasta 8.37 g/t de oro. La empresa planea realizar un mapeo detallado, prospección, muestreo de suelo y un estudio LiDAR para desarrollar un modelo 3D para futuras perforaciones. Trifecta también ha otorgado 1,485,000 opciones sobre acciones a directores, oficiales y consultores a $0.15 por acción durante cinco años.
Trifecta Gold (TSXV:TG)(OTCQB:TRRFF)는 유콘의 톰스톤 골드 벨트에 위치한 라이 프로젝트에서 현장 작업을 시작했습니다, 유콘 광물 탐사 프로그램 보조금에 의해 지원됩니다. 본 프로젝트는 주요 인프라 및 다른 주요 금 발견 근처에 위치하며, 감소된 침입 관련 금 시스템(RIRGS)의 잠재력을 평가하는 것을 목표로 합니다. 이전의 암석 샘플에서는 최대 8.37 g/t의 금이 나왔습니다. 회사는 상세한 지도 작성, 탐사, 토양 샘플링 및 LiDAR 조사를 계획하여 향후 드릴링을 위한 3D 모델을 개발할 예정입니다. Trifecta는 또한 1,485,000개의 스톡 옵션을 이사, 임원 및 컨설턴트에게 주당 $0.15로 5년 동안 부여했습니다.
Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) a initié des travaux sur le terrain dans son Projet Rye dans la Tombstone Gold Belt du Yukon, soutenu par une subvention du Yukon Mineral Exploration Program. Le projet, situé près d'infrastructures clés et d'autres découvertes d'or significatives, vise à évaluer le potentiel d'un Reduced Intrusion Related Gold System (RIRGS). Des échantillons de roche précédents ont montré des teneurs allant jusqu'à 8,37 g/t d'or. L'entreprise prévoit une cartographie détaillée, une prospection, un échantillonnage du sol et une étude LiDAR pour développer un modèle 3D pour de futurs forages. Trifecta a également accordé 1 485 000 options d'achat d'actions à des directeurs, des dirigeants et des consultants au prix de 0,15 $ l'action pendant cinq ans.
Trifecta Gold (TSXV:TG)(OTCQB:TRRFF) hat die Feldarbeiten in seinem Rye-Projekt im Tombstone Gold Belt in Yukon aufgenommen, unterstützt durch einen Zuschuss des Yukon Mineral Exploration Program. Das Projekt befindet sich in der Nähe wichtiger Infrastrukturen und anderer bedeutender Goldfunde und hat zum Ziel, das Potenzial eines Reduced Intrusion Related Gold System (RIRGS) zu bewerten. Frühere Gesteinsproben ergaben bis zu 8,37 g/t Gold. Das Unternehmen plant eine detaillierte Kartierung, Prospektion, Bodenprobenahme und eine LiDAR-Umfrage, um ein 3D-Modell für zukünftige Bohrungen zu entwickeln. Trifecta hat auch 1.485.000 Aktienoptionen an Direktoren, Mitarbeiter und Berater zu je $0,15 pro Aktie für fünf Jahre vergeben.
- Received government funding through YMEP grant for 50% of eligible expenditures up to $50,000
- Previous rock samples yielded high-grade gold values between 3.86 and 8.37 g/t
- Strategic location near infrastructure and other significant gold projects in the Tombstone Gold Belt
- Comprehensive exploration program including mapping, prospecting, soil sampling, and LiDAR survey
- Stock option grant may lead to potential dilution for existing shareholders
Prospecting and mapping for intrusion related gold in Yukon's Tombstone Gold Belt.
Previous rock samples near the contact between sedimentary and intrusive rocks yielded 8.37 g/t gold.
Located near infrastructure 15 km south of the North Canol Highway and Fireweed Metals' Macpass Project.
VANCOUVER, BC / ACCESSWIRE / July 30, 2024 / Trifecta Gold Ltd. (TSXV:TG)(OTCQB:TRRFF) ("Trifecta" or the "Company") is pleased to announce that field work is now underway at the Rye Project (the "Project"), where the Company was awarded a Yukon Mineral Exploration Program ("YMEP") grant for Target Evaluation. Under the YMEP, the Yukon Government provides successful applicants funding to support mineral exploration activities for
The Rye Project is situated between two Mid-Cretaceuous granitic intrusions in the eastern portion of Yukon's Tombstone Gold Belt. It is well located, only 14 km from the North Canol Highway, 15 km from Fireweed Metals Corp.'s Macpass Project, and 95 km from Snowline Gold Corp.'s Valley Gold Deposit. Previous work on the Project has identified gold-rich veins near the contact between sedimentary and intrusive rocks, with rock samples yielding between 3.86 and 8.37 g/t gold. Silver-lead-zinc-tin±tungsten rich veins occur outboard of the contact and within metasedimentary rocks.
Trifecta's crew will conduct detailed mapping and prospecting within and adjacent to two known intrusions on the property to evaluate the potential for a Reduced Intrusion Related Gold System ("RIRGS"). Mapping is essential to delineate the prospective intrusive-metasedimentary contacts in the south and north of the property, and to develop a structural framework for mineralization. Historically, very little attention has been given to the intrusions, and it is not known if sheeted veins or mineralization is present within the intrusions themselves. Gridded soil sampling will provide multi-element pathfinder data that is critical for vectoring into mineralization related to RIRGS. Finally, a LiDAR ("Light Detection and Ranging") survey will be completed over the property to gain a baseline elevation model, which is necessary for establishing an effective 3-D model for future drilling.
Tombstone Gold Belt
Extending for more than 1000 km from the Fairbanks district in Alaska eastward across the entire width of Yukon, the Tombstone Gold Belt hosts many large RIRGS mines such as Fort Knox in Alaska (>10 million oz), Eagle and Olive in Yukon (>4 million oz) and the past-producing Brewery Creek Mine, also in Yukon. Since May 2020 over 17 million additional ounces of gold have been discovered in the Yukon portion of the belt, including Snowline Gold's Tier 1 Valley discovery, Sitka Gold's RC deposit, Banyan Gold's AurMac deposits and Victoria Gold's Raven deposit.
Tombstone Gold Belt systems are characterized by sheeted, auriferous quartz veins forming in the carapace zones of Cretaceous-age plutons. They have a characteristic geochemical signature with a gold-bismuth-tellurium±tungsten core within a broader gold-arsenic halo. The deposits are found within and surrounding the reduced intrusions, and typically exhibit a geophysical signature comprising a magnetic low (ie. reduced) coinciding with at conductivity low. Veining in RIRGS systems is typically zoned with a core of sheeted veins surrounded by more discrete gold-arsenic veins and more distal silver-lead-zinc veins.
Stock Options
Trifecta also announces that it has granted incentive stock options to its directors, officers and consultants, entitling them to purchase up to 1,485,000 common shares at a price of
Technical information in this news release has been approved by Trifecta's Vice President, Jackson Morton, P.Geo., a qualified person as defined under the terms of National Instrument 43-101.
About Trifecta Gold Ltd.
Trifecta is a Canadian-based precious metals exploration company dedicated to increasing shareholder value through the discovery and development of
ON BEHALF OF THE BOARD
"Richard Drechsler"
President and CEO
For further information concerning Trifecta or its various exploration projects please visit www.trifectagold.com or contact:
Corporate Information
Trifecta Gold Ltd.
Richard Drechsler
President, CEO & Director
Tel: (604) 687-2522
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE: Trifecta Gold Ltd.
View the original press release on accesswire.com
FAQ
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