TRU Precious Metals Completes Purchase of Drill-Ready Twilite Gold Project

Fredericton, New Brunswick–(Newsfile Corp. – November 10, 2020) – TRU Precious Metals Corp. (TSXV: TRU) (“TRU” or the “Company”) is pleased to announce that, further to its press releases dated October 14, 2020 and October 29, 2020, it has completed the indirect purchase of 65 mineral claims located in Central Newfoundland known as the Twilite Gold Project (“Twilite”), along with all related permits and technical data (collectively, the “Purchased Assets”).

TRU Co-Founder and CEO Joel Freudman commented: “Twilite is now the flagship asset in our Newfoundland Gold Exploration portfolio. We continue to work diligently towards assembling a district-scale property package in the Central Newfoundland Gold Belt, for upside potential through exploration as well as appreciation on the back of nearby discoveries by New Found Gold and others in the region.”

Mr. Freudman added, “We’re also fortunate that Newfoundland-based geoscientist Barry Greene, who has been involved with Twilite for some time, is now available to our team as Exploration Advisor, as originally announced on October 21, 2020. Barry can help steer our approach to advancing Twilite and our other properties, and together we’re already mapping out TRU’s acquisition and exploration plans for this winter and into 2021.”

The Twilite Gold Project

Twilite is considered to be associated with a low sulphidation gold system and shares many characteristics with Sokoman Minerals Corp.’s Moosehead Gold Project, which is located approximately 30 kilometres (km) northeast of Twilite.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/67859