Posted in | Gold | Silver | Mining Business

Troymet Successfully Completes Phase I RC Drill Program on Wildcat Gold-Silver Project in Utah

Troymet Exploration Corp. ("Troymet" or the Company is pleased to report the successful completion of the Phase I RC drill program on its Wildcat gold-silver project in Juab County, Utah, held under option from Renaissance Gold Inc. Ten holes (1,321.2 metres) were drilled:

Target Area Holes Metres
Core 5 809.0
SE 2 363.6
High Grade Hill 3 148.6

Drilling tested structural and stratigraphic targets, alteration zones including de-calcification zones in carbonates, silicification-jasperoids, oxidation after sulphides and geochemical anomalies (News Release of May 10, 2016).

Drill samples will be analyzed by ALS Global, Reno, an ISO/IEC 17025:2005 accredited facility. Results will be reported once received, interpreted and validated.

Troymet, through its wholly owned subsidiary Troymet USA LLC ("Troymet USA"), holds an option to acquire a 70% interest in the Wildcat property from Renaissance Exploration, Inc. ("RenEx"), a wholly owned subsidiary of Renaissance Gold Inc. Under the terms of the option agreement, Troymet USA has retained RenEx as its contractor to take advantage of RenEx's expertise and established infrastructure. Troymet USA is exclusively responsible for the planning, execution and supervision of all exploration programs.

Qualified Person

President and CEO, Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical information provided in this release.


Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback