Trifecta Gold Ltd. Terminates Squid Option
VANCOUVER, British Columbia, Dec. 15, 2017 (GLOBE NEWSWIRE) -- 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 Information
Trifecta Gold Ltd.
Dylan Wallinger
President and CEO
Tel: (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.
