In this InvestorIntel interview, host Tracy Weslosky interviews TRU Precious Metals Corp.’s (TSXV: TRU | OTCQB: TRUIF) Co-Founder, CEO and Director Joel Freudman about TRU’s ‘exceptional numbers’ on high-grade gold results collected at the Golden Rose Project in Central Newfoundland that were recently announced. This news release described visible gold and high-grade gold results from rock samples, Joel commented on some of the positive highlights contained in the news release, which includes the following excerpt:
- Visible gold is evident in outcrop and in bedrock grab samples collected from a recently extended trench at Mark’s Pond. The grab samples were taken from a sheared volcaniclastic and graphitic unit containing a significant number of quartz-carbonate veins. Mapping and channel sampling within the trench have confirmed the presence of visible coarse- and fine-grained gold both within these quartz-carbonate veins and the surrounding wall rock along a newly discovered shear zone approximately 130 m northwest of the Mark’s Pond Gold Zone.
- Three bedrock grab samples collected from newly exposed outcrop in the Mark’s Pond trench have returned very high-grade gold assay results from total pulp metallics analysis (metallic screening) including weighted average total Au values of 1,929 g/t Au, 205.6 g/t Au, and 180.1 g/t Au (Table 1 and Figure 2).
- Four bedrock grab samples collected at the Rich House target along the northern shore of Victoria Lake returned weighted average total Au values between 4.3 and 16.8 g/t Au from metallic screening analysis (Table 1 and Figure 1).
- A series of channel samples have been collected in the recently excavated 275 m long trench at Mark’s Pond including a 23 m long easterly extension at the southern end of the trench along strike of the gold-bearing volcaniclastic and graphitic shear zone. Those assay results are pending from the laboratory.
Located between two large gold projects (Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project), Joel says that they have now identified multiple targets at the Golden Rose Project with gold, silver and copper.
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About TRU Precious Metals Corp.
TRU (TSXV: TRU) (OTCQB: TRUIF) is on a mission to build long-term shareholder value, through prudent natural resource property development and transactions. TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt, and has an option with TSX-listed Altius Minerals to purchase 100% of the Golden Rose Project. Golden Rose is a regional-scale 236 km2 land package, including a recently discovered 20 km district-scale structure, and an additional 45 km of strike length along the deposit-bearing Cape Ray – Valentine Lake Shear Zone, directly between Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project.
In addition, TRU has an option to acquire up to an aggregate 65% ownership interest in two large claim packages covering 33.25 km2including a 12 km strike length along the Cape Ray – Valentine Lake Shear Zone within Golden Rose.
To know more about TRU Precious Metals Corp., click here
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