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Mining

TRU Precious Metals discovers more high-grade gold samples at Golden Rose Project in Newfoundland

TRU Precious Metals Corp. (TSX-V:TRU, OTCQB:TRUIF) has announced additional high-grade gold channel sampling assay results from the summer 2023 trenching program at its Golden Rose Project in Newfoundland, which included 14.58 grams per tonne (g/t) gold over 0.5 metres (m) and 5.73 g/t gold over 0.5m from the Northcott West Extension trench.

The gold and copper explorer said the 2023 trenching and channel sampling program is a continuation of the trenching program that began in the fall of 2022 at Mark's Pond and led to the discovery of the Northcott Gold Zone.

"These recent channel sample results have confirmed that gold mineralization in the Northcott Gold Zone extends along strike to the southwest at least 145m from the main Northcott trench and still remains open to the southwest and northeast," TRU Precious Metals vice president of exploration Paul Ténière said in a statement.

"Our immediate plan is to further define this highly mineralized lithological contact to identify additional high-grade mineralized shoots along strike and to generate several drill targets in the Mark's Pond area," he added.

TRU noted the Northcott Gold Zone still remains open along strike to the southwest and northeast and has now been mapped over a 240m strike length through trenching.

The company added that it plans to continue mapping, prospecting, and infill soil sampling surveys along the contact between the Rogerson Lake Conglomerate and mafic volcanics to identify additional mineralized zones.

As well, TRU stated that a drilling plan is also being developed for the Northcott Gold Zone to confirm gold mineralization at depth.

TRU Precious Metals is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt on its wholly-owned Golden Rose project.

Contact Sean at sean@proactiveinvestors.com

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