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TRU Precious Metals Continues to Intersect Gold in New Drill Results from Golden Rose Project

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Toronto, Ontario–(Newsfile Corp. – March 3, 2022) – TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (“TRU” or the “Company”) is pleased to announce additional assay results from 5 of 22 holes completed during its 2021 winter drill program at its flagship Golden Rose Project in Central Newfoundland (“Golden Rose”).

Highlights

  • 12 metres (m) grading 1.01 grams per tonne (g/t) gold from drill hole WL-21-12
  • 7m grading 1.71 g/t gold from drill hole WL-21-06, including 2.39 g/t over 4m

The drill program at Golden Rose consisted of a total of 22 HQ diamond drill holes for a total of 4,102.7m, covering both the Woods Lake Gold Zone prospect (“Woods Lake”) and the King George IV Lake area (“KG4”). Golden Rose is a regional-scale 236 square kilometre (km) land package, including 45 km of strike length along the deposit-bearing Cape Ray – Valentine Lake Shear Zone, and is located directly between Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project.

Barry Greene, VP of Property Development and Director of TRU, commented, “I’m pleased that these results continue to intersect gold and define Woods Lake, expanding the gold zone both up-dip and along strike near surface. A focus of our 2021 drill program was to begin delineating a near-surface gold zone that could potentially be open pittable. This is especially important given the near-term production decision at our neighbour Marathon’s Valentine Gold Project.”

Table 1 – Woods Lake Uncut Assay Highlights

Hole No. From (m) To (m) Interval (m) Au (g/t) Zone
WL-21-06 65.00 72.00 7.0 1.71 Woods Lake
Including 65.00 69.00 4.0 2.39
WL-21-11 22.00 35.00 13.00 0.40
Including 22.00 25.00 3.00 0.84
WL-21-12 20.00 32.00 12.0 1.01
Including 20.00 25.00 5.00 1.42

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115434

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