Trifecta Gold Ltd. Terminates Squid Option
December 15 2017 - 8:30AM
Trifecta Gold Ltd. (TSX-V:TG) (“Trifecta”)
announces the termination of its option agreement with Metals Creek
Resources Corp. (“Metals Creek”) covering the Squid East and Squid
West properties, immediately adjacent to Trifecta’s main Trident
project. Trifecta maintains a 100% interest in the Trident
project, a portion of which is still subject to an ongoing option
agreement with an arm’s length optionor.
A map accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/d8dbf539-30de-4b41-806e-304c6b231ca6
In 2017, field work on Trident included
prospecting, geological mapping and soil sampling. This work
identified promising multi-element soil anomalies which warrant
follow-up. Further work should be directed at determining the
source of the anomalous soils and the placer gold that has been
mined from creeks on the property. Ongoing analysis and
interpretation will drive the focus of Trifecta’s exploration on
Trident in 2018.
An updated map showing the property boundary and
soil anomalies is available on Trifecta’s website.
About Trifecta Gold Ltd.
Trifecta is a Canadian precious metal
exploration company dedicated to increasing shareholder value
through the acquisition and development of attractive exploration
projects in Canada and other mining-friendly
jurisdictions.
ON BEHALF OF THE BOARD
“Dylan Arnold-Wallinger”
President and Chief Executive Officer
For further information concerning Trifecta or
its various exploration projects please visit our website at
www.trifectagold.com or contact:
Corporate InformationTrifecta
Gold Ltd.Dylan WallingerPresident and CEOTel: (604) 687-2522
This news release may contain forward looking
statements based on assumptions and judgments of management
regarding future events or results that may prove to be inaccurate
as a result of exploration and other risk factors beyond its
control, and actual results may differ materially from the expected
results.
Neither
the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
Trifecta Gold (TSXV:TG)
Historical Stock Chart
From Oct 2024 to Nov 2024
Trifecta Gold (TSXV:TG)
Historical Stock Chart
From Nov 2023 to Nov 2024