VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 14, 2015) - TRIGOLD RESOURCES INC. (the "Company" and "Trigold") (TSX VENTURE:TGD) announces it has changed its name to Crystal Exploration Inc. ("Crystal"). Effective on October 15, 2015 the Common shares currently listed on the TSX Venture Exchange under the symbol "TGD" will commence trading under the new name "Crystal Exploration Inc." using the trading symbol "CEI".
Crystal is working towards finalizing the diamond properties acquisition announced on May 6, 2015.
The Property(s) specific to diamonds are within the highly prospective northern portion of the Slave Structural Province of the Canadian Shield. Historical work over the Prospecting Permits contain:
| (1) diamond bearing kimberlites and kimberlite dykes; |
| (2) unexplained kimberlite indicator mineral ("KIM") trains identified in glacial till; |
| (3) unsourced kimberlite float trains; and |
| (4) unexplained geophysical targets in the vicinity of the heads of known KIM trains. |
The Properties contain the Rush, James River and Muskox diamond bearing kimberlites. Most noteworthy within the Property is the Muskox Kimberlite which was previously discovered by and worked on by DeBeers Canada and Tahera Corp. The Muskox Kimberlite has two phases and is known to yield diamond grades in the magmatic phase of 0.53 carats per tonne and diamond grades in the pyroclastic phase of 0.35 carats per tonne from mini-bulk samples weighing 865 and 63 dry tonnes, respectively (2006). The largest three diamonds recovered from Muskox were a broken 2.73 carat white octahedron, a broken 2.67 carat brown octahedron and a 1.61 carat white octahedron.
About Crystal Exploration Inc.
Crystal is a Canadian mineral exploration company with Common shares listed for trading on the TSX Venture Exchange. Crystal is backed by proven and seasoned resource sector professionals who have a track record of advancing exploration projects from grassroots through to production scenarios. The technical content of this news release have been reviewed and approved by Dean Besserer, P.Geol. the Technical Advisor of the Company and a Qualified Person as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
Jim Greig,
President and Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.