Gold Canyon Resources Inc V.GCU

Trueclaim Intersects 9.44 Metres of 2.54 g/t Au at

[mikkelchap]

Not sure if any of my fellow GCU-ers (read: I also own GCU!) own any TRM but here's a (new?) NR:

Trueclaim Exploration Inc.
TSX VENTURE : TRM
OTCQX : TRMNF
May 16, 2011 12:03 ET
Trueclaim Intersects 9.44 Metres of 2.54 g/t Au at the Scadding Gold Project

LONDON, ONTARIO--(Marketwire - May 16, 2011) - Trueclaim Exploration Inc. ("Trueclaim") (TSX VENTURE:TRM)(OTCQX:TRMNF) recently drilled four oriented holes in the South Zone on the Scadding Gold Property (the "Property"). These four holes were drilled to provide clarification on the orientation of geological contacts and chloritic gold-bearing units specific to the South Zone.
Results of the oriented measurements are consistent with those taken in the North Zone and at the East-West Pit. It is very encouraging that the three zones drilled with oriented core suggest the same orientation of mineralization. Orientation measurements are also consistent with the regional trend of 320 degrees. An olivine diabase dyke cross-cuts the mineralized body in the South Zone. The first two holes were drilled targeting the auriferous chlorite on the north-eastern side of the dyke and the other two holes were targeting the mineralization to the south-west. Consistent structural orientation measurements in chlorite breccia were obtained on both sides of the diabase. This will enable us to explore for along-strike and down-dip extensions of mineralized chlorite breccia, and provide greater accuracy in the calculation of true width intersections.
Significant intersections from the four oriented holes in the South Zone are shown in the chart below:
Hole
Interval
Grade
Hole ID
From (m(ft))
To (m(ft))
Length (m(ft))
Au (g/t)
TRM-11-26
42.15 (138.25)
44.73 (146.71)
2.58 (8.46)
3.18
TRM-11-26
56.09 (183.98)
56.59 (185.61)
0.50 (1.63)
1.72





TRM-11-27
44.00 (144.32)
45.48 (149.17)
1.48 (4.85)
1.07





TRM-11-28A
27.36 (89.74)
36.80 (120.70)
9.44 (30.96)
2.54
Containing
30.40 (99.71)
30.90 (101.35)
0.50 (1.64)
17.27





TRM-11-29
24.00 (78.72)
25.00 (82.00)
1.00 (3.28)
8.91





The new assay data is consistent with South Zone drilling from 2009 to the start of the Phase II drilling program. Below are the previously reported significant intercepts from this zone:
Hole
Interval
Grade
Hole ID
From (m(ft))
To (m(ft))
Length (m(ft))
Au (g/t)
TRM-11-10
53.0 (173.8)
68.78 (225.7)
15.78 (51.9)
5.36
Containing
56.0 (179.76)
62.0 (203.4)
6.0 (23.64)
11.74





TRM-11-03
32.0 (105.0)
51.0 (167.3)
19.0 (62.3)
2.46
Containing
36.0 (118.1)
43.0 (141.0)
7.0 (22.9)
4.45





TRM-09-02
26.9 (88.2)
37.0 (121.4)
10.1 (33.2)
3.5





TRM-10-11
52.77 (173.1)
54.0 (177.1)
1.23 (4.0)
11.2





TRM-11-01
3.0 (9.84)
8.0 (26.24)
5.0 (16.4)
2.38





TRM-11-02
16.0 (52.5)
26.0 (85.3)
10.0 (32.8)
1.2





TRM-11-09
27.0 (88.6)
28.0 (91.9)
1.0 (3.3)
7.28





TRM-11-06
45.23 (148.4)
46.0 (150.9)
0.77 (2.5)
7.84





TRM-11-08
49.0 (160.8)
50.0 (164.1)
1.0 (3.3)
5.36





To view the map accompanying this press release please click on the following link:https://media3.marketwire.com/docs/TRM0516.pdf
The Trueclaim geological team used the recently collected oriented data in Surpac to model the geological contacts and gain a better understanding of the relationships of the geological units in the South Zone. This greatly enhances the understanding of the direction entailed to further extend the zone.
The Company holds the Scadding property under option from Currie Rose Resources (TSX VENTURE:CUI) and has the right earn a 100% working interest in the property.
We seek safe harbour.
TRUECLAIM EXPLORATION INC.
John Carter, President
https://www.marketwire.com/press-release/trueclaim-intersects-944-metres-of-254-g-t-au-at-the-scadding-gold-project-tsx-venture-trm-1514917.htm8n65f