BIG NEWS RELAEASE-- VERY ENCOURAGING,
TRU Reports High-Grade Gold Channel Sampling Results from Mark's Pond Trench at Golden Rose Project, Including 57.6 g/t Au over 2.5 m, 34 g/t Au over 2 m & 23.5 g/t Au over 2 m
2023-01-12 07:56 ET - News Release
Toronto, Ontario--(Newsfile Corp. - January 12, 2023) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to report high grade channel sampling results from a recent trenching program conducted on TRU's claims under option from Quadro Resources Ltd. at TRU's Golden Rose Project ("Golden Rose'') in Central Newfoundland (Figure 1). The channel sampling program was completed on the Mark's Pond target located along the deposit-bearing Cape Ray-Valentine Lake Shear Zone, where the Company recently announced results of a grab sampling program that indicated high-grade gold potential (refer to TRU news release dated November 23, 2022).
TRU collected a total of 159 channel samples within the recently excavated 275 m long trench, including 85 samples within a 23 m long easterly extension at the southern end of the trench along strike of a visible gold-bearing volcaniclastic and graphitic shear zone. This newly discovered high-grade gold zone has been named the "Northcott Gold Zone" to recognize the significant discoveries made by prospector Ed Northcott in this area.
Highlights
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The Northcott Gold Zone is a significant gold discovery for TRU within a newly uncovered brittle-ductile shear zone located 130 m northwest of the Mark's Pond Gold Zone. This 2 to 3 m wide northeast trending shear zone contains abundant visible gold within quartz-carbonate veins and the surrounding wall rock.
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Significant channel sample gold results from the Northcott Gold Zone include (Figure 2 and Table 1):
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57.6 g/t Au over 2.5 m including 141 g/t Au over 1.0 m
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34.0 g/t Au over 2.0 m including 65.4 g/t Au over 1.0 m
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23.5 g/t Au over 2.0 m including 90 g/t Au over 0.5 m
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