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Trillium Gold’s Field Work on Confederation Belt Reveals Strong Affinity to Red Lake’s Major Structural Trends

Uranium Royalty Corp.
  • A newly discovered spatial relationship of Balmer affinity rocks on Trillium’s Confederation Belt suggests the Cochenour-Gullrock Trend and associated unconformity continues from Red Lake across the northern portion of the Confederation Belt.
  • Consistent anomalous to high-grade gold results spatially associated with these structures have allowed the Company to refine and develop meaningful high-priority drill targets.
  • Historical gold mineralization (e.g., 1.58 g/t over 7.6 m, and 13.33 g/t Au grab sample from Panama Zone) occurs within similar rock types, stratigraphy, and along the Panama Lake North Trend, a possible extension or splay of Kinross Gold’s LP Fault.
  • Primitive-mantle normalized trace element plots illustrate similarities between the Great Bear project and the Panama Lake property, suggesting high potential for gold discovery.
  • Core photos from the Panama Lake property show remarkable textural and geochemical resemblance to Kinross Gold’s Great Bear project.

Figure 1: Map showing Trillium Gold's Confederation Belt project and all currently known gold occurrences. Green ovals represent areas discussed in this news release.

Figure 2: Stratigraphy and lithogeochemical comparison between the Great Bear project [Kinross Gold] (left) and Trillium’s Confederation Belt Panama property (right). Primitive-mantle normalized trace element plots illustrate similarities between the Great Bear project and the Panama property, suggesting high potential for gold discovery.

Figure 3: A comparison of Panama Lake core photos illustrating lithological and textural similarities to rocks from the Great Bear project [Kinross Gold]. Great Bear project core photos obtained from Voluntary National Instrument 43-101 Technical Report; prepared for Kinross Gold, Nicos Pfeiffer, John Sim, Yves Breau, Rick Greenwood, and Agung Prawsono.

Figure 4: Map showing the recently completed enzyme leach soil survey anomalies within a folded region along the Panama North Fault Trend, 1.5 km northeast of the gold-bearing (e.g., 1.58 g/t over 7.6 m, and 13.33 g/t Au grab sample) Panama Zone, highlighting an excellent target for future work.

Figure 5: Primitive mantle normalized trace element plot of recently analyzed historical drill core from Trillium’s Fredart area compared with the Balmer assemblage from the Red Lake greenstone belt (Sanborn-Barrie et al., 2001). Lithogeochemical drill core samples were collected from historic drill holes G1, G2, G3, G4 drilled 1970. Information on these drill holes can be found in assessment files 52K15NW0036, 52K14NE0026, and 52K14NE0207. New analysis of these volcanic rocks of tholeiitic magmatic affinity show trace element similarities to Balmer assemblage mafics. This supports the presence of major structures and unconformity on this portion of Trillium’s property, and is interpreted to signify newly added gold potential.

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