www.tritongold.com.au
Triton Gold (ASX: TON) is a mineral explorer and resource management company headquartered in Perth, Australia. The Company applies exploration techniques to geologically fertile areas in Australia and elsewhere in the world that enable quick and precise detection of the next generation of economic mineral resources.
They hold the rights to explore for gold on Poseidon Nickel’s Windarra project tenements (Laverton WA), which have historically had a nickel focus.
Triton Gold defines priority targets at Salmon Gums, results pending from Titanic
Triton Gold (ASX: TON) has identified some high priority drill targets at the Lady Penrhyn prospect at the Salmon Gums project from electrical geophysics surveys, with a reverse circulation drilling program to kick off next month to follow up these targets.
The objectives of the survey were to map the sub-surface geology and controls on the anomalous gold intersected in the 2010 drilling.
In addition, the aim was to locate zones of potential sulphides that may be associated with gold mineralisation.
Triton has found Target 1 in the north east of the grid area as the highest priority for reverse circulation drill testing.
This target is next to a historical diamond hole which identified 3.94 g/t in a narrow vein, highlighting the prospectivity for gold in the area.
The target area includes two anomalies over a one kilometre strike length, immediately south of an east-west dolerite dyke interpreted from aeromagnetics.
The next priority target is extensive at 1.8 kilometres long, which strikes north-south and broadly coincides with a basement magnetic horizon.
A third target overlies another east west dolerite dyke.
Zonge Engineering and Research Organization conducted the 28.6 line kilometres of Induced Polarisation and 28.9 line kilometres of Controlled Source Audio-Frequency Magneto Tellurics, with lines 200 metres apart.
Reconnaissance drilling at the previously untested Titanic surface gold anomaly has been completed with initial drill results pending.
First pass drilling at Borrowdale and Guardian is near completion. The rig will move to Target 1 at Lady Penrhyn in the next few days.
The Titanic and Guardian prospects lie within tenements subject to the Tropicana Gold Belt Alliance, an agreement between Teck Australia Pty Ltd. and Triton Gold Limited signed in 2007.
In a much awaited 2011 drill campaign at Salmon Gums, Triton is slowly but methodically gaining greater intelligence of the prospectivity of the area.
