Confederation Lake Water Aerodrome

Trillium Gold’s Gold Centre Drilling Update Targeting Red Lake Mine Stratigraphy

Retrieved on: 
Monday, November 28, 2022
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Gold Centre drilling was supervised by Richard Kowalski and Samuel Lewis, PGeo.

Key Points: 
  • Gold Centre drilling was supervised by Richard Kowalski and Samuel Lewis, PGeo.
  • The drilling was conducted by Rodren Drilling Ltd. of West St. Paul, Manitoba.
  • Certified gold reference standards, blanks and duplicates are routinely inserted into the sample stream, as part of Trillium Golds quality control/quality assurance program (QAQC) to monitor accuracy and precision.
  • About Trillium Gold Mines Inc.
    Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario.

Trillium Gold Engages Swiss Resource Capital AG for Marketing and Consulting Services

Retrieved on: 
Wednesday, November 16, 2022
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Pursuant to an agreement entered into with SRC, the Company has agreed to pay SRC a monthly fee of 2,500 over an initial six month period.

Key Points: 
  • Pursuant to an agreement entered into with SRC, the Company has agreed to pay SRC a monthly fee of 2,500 over an initial six month period.
  • Following this period, the agreement shall be renewed subject to mutual agreement by SRC and the Company.
  • On behalf of the Board of Directors,
    For further information, please contact Donna Yoshimatsu, VP Corporate Development and Investor Relations at [email protected] , (416)722-2456, or [email protected] .
  • About Trillium Gold Mines Inc.
    Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario.

Trillium Gold Satisfies Obligation to Benton Resources for 70% Ownership in the Panama Lake Property

Retrieved on: 
Friday, November 4, 2022
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VANCOUVER, British Columbia, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV:TGM, OTCQX:TGLDF, FRA:0702) (Trillium Gold or the Company) announces that it has completed the issuance of 473,934 common shares of the Company to Benton Resources Inc. (Benton) in satisfaction of its obligation to make a cash payment of Cdn $100,000 to acquire a 70% interest in the Panama Lake Property.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV:TGM, OTCQX:TGLDF, FRA:0702) (Trillium Gold or the Company) announces that it has completed the issuance of 473,934 common shares of the Company to Benton Resources Inc. (Benton) in satisfaction of its obligation to make a cash payment of Cdn $100,000 to acquire a 70% interest in the Panama Lake Property.
  • The share issuance, effected at a price of $0.211 per common share based on the 10-day volume-weighted average price of Trillium Golds common shares preceding October 22, 2022, extinguishes Trillium Golds obligation to Benton in respect of the latters holding in the Panama Lake Property.
  • All securities issued pursuant to the issuance of the common shares are subject to a statutory four month hold period.
  • About Trillium Gold Mines Inc.
    Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario.

Trillium Gold Announces Intention to Issue Shares to Benton Resources in Payment of $100,000 Option

Retrieved on: 
Tuesday, October 25, 2022
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Trillium Gold intends to issue to Benton a total of 473,934 common shares of the Company (the Common Shares) at a deemed price of $0.211 per Common Share in lieu of paying Cdn $100,000, as payment for the Second Option as defined in the Option Agreement dated October 22, 2019.

Key Points: 
  • Trillium Gold intends to issue to Benton a total of 473,934 common shares of the Company (the Common Shares) at a deemed price of $0.211 per Common Share in lieu of paying Cdn $100,000, as payment for the Second Option as defined in the Option Agreement dated October 22, 2019.
  • The issuance of Common Shares is subject to the receipt of all required approvals, including the approval of the TSX Venture Exchange.
  • All securities issued pursuant to the issuance of the Common Shares are subject to a statutory four month hold period.
  • About Trillium Gold Mines Inc.
    Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario.

Trillium Gold Reports 8.75 g/t Au over 20.4 metres including 549.0 g/t Au over 0.3 metres and Discovers New Deep Mineralization Outside Newman Todd Zone

Retrieved on: 
Monday, September 26, 2022
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The remaining assay results will be released once all the results have been interpreted and the broader structural framework can be quantified.

Key Points: 
  • The remaining assay results will be released once all the results have been interpreted and the broader structural framework can be quantified.
  • The drilling was conducted by Rodren Drilling Ltd., of West St. Paul, Manitoba.
  • Drill core was logged and sampled in a secure core facility on site.
  • Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Trillium Gold Closes Oversubscribed C$4.1 Million Brokered Private Placement

Retrieved on: 
Thursday, September 22, 2022
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VANCOUVER, British Columbia, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV: TGM) (FRA:0702) (“Trillium Gold” or the "Company") is pleased to announce the closing of its previously announced brokered private placement (the “Offering”) for gross proceeds of C$4,081,510, which includes the exercise of the majority of the Agent’s option. The Offering was led by Red Cloud Securities Inc. (the “Agent”) and is comprised of the sale of 9,678,150 units of the Company (each, a "Unit") at a price of C$0.20 per Unit and 9,537,244 flow-through units of the Company (each, a "FT Unit") at a price of C$0.225 per FT Unit.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV: TGM) (FRA:0702) (Trillium Gold or the "Company") is pleased to announce the closing of its previously announced brokered private placement (the Offering) for gross proceeds of C$4,081,510, which includes the exercise of the majority of the Agents option.
  • Russell Starr commented, We are very pleased to close on this oversubscribed financing in challenging market conditions.
  • This will enable Trillium to continue to advance its exciting program over the 100 km Confederation Belt project holdings.
  • On behalf of the Board of Directors,
    About Trillium Gold Mines Inc.
    Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario.

Trillium Gold Mines Announces Brokered Private Placement for up to C$3.5 Million

Retrieved on: 
Tuesday, August 23, 2022
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VANCOUVER, British Columbia, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV: TGM) (OTCQX:TGLDF) (FRA:0702) (“Trillium Gold” or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the "Agent") to act as sole agent and bookrunner in connection with a best efforts, private placement (the "Offering") for gross proceeds of up to C$3,500,000 from the sale of any combination of units of the Company (each, a "Unit") at a price of C$0.20 per Unit and flow-through units of the Company (each, a "FT Unit", and collectively with the Units, the “Offered Securities”) at a price of C$0.225 per FT Unit.

Key Points: 
  • This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
  • For further information, please contact Donna Yoshimatsu, VP Corporate Development and Investor Relations at [email protected] , (416)722-2456, or [email protected] .
  • On behalf of the Board of Directors,
    About Trillium Gold Mines Inc.
    Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario.
  • Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Trillium Gold Appoints Luke Norman as Executive Chair

Retrieved on: 
Monday, August 22, 2022
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VANCOUVER, British Columbia, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV:TGM, OTCQX:TGLDF, FRA:0702) (Trillium Gold or the Company) is very pleased to announce that Mr. Luke Norman has been appointed Executive Chair of the Companys Board of Directors effective immediately.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Trillium Gold Mines Inc. (TSXV:TGM, OTCQX:TGLDF, FRA:0702) (Trillium Gold or the Company) is very pleased to announce that Mr. Luke Norman has been appointed Executive Chair of the Companys Board of Directors effective immediately.
  • He is credited with the discovery and advancement to production of notable projects in North America; as co-founder of Gold Standard Ventures Corp., a TSX and NYSE listed gold explorer-developer, and more recently as Co-founder and Chair of U.S. Gold Corp., Chair of Silver One Resources, and CEO of Leviathan Gold, Ltd.
    Mr. Norman has been a significant investor in Trillium Gold since early 2020.
  • Russell Starr, President and CEO of Trillium Gold stated, Luke has a distinguished reputation in the mining industry for exemplary leadership, governance and steadfast commitment to building value for shareholders.
  • Mr. Starr has stepped down from his position as Interim Chair and remains President and CEO of the Company.

Trillium Gold Identifies Historic Drill Core from 21 Holes at Confederation Belt for Gold Sampling and Analysis

Retrieved on: 
Tuesday, August 9, 2022
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Drill core from 21 historic holes representing over 7,000 metres of drilling, now being processed for gold analysis; historically assayed for base metals.

Key Points: 
  • Drill core from 21 historic holes representing over 7,000 metres of drilling, now being processed for gold analysis; historically assayed for base metals.
  • Drill core located in 10 historical caches to date; 10 drill holes logged and 800 samples already in the lab for assay.
  • This core is now being catalogued and prioritized for retrieval to be relogged and sampled for gold.
  • In addition to logging and assaying of historical drill holes, Trilliums geological team has been conducting further soil and litho-geochemical sampling.

Trillium Gold Closes Panama Lake Acquisition

Retrieved on: 
Wednesday, July 13, 2022
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Pursuant to the Assignment and Assumption Agreement entered into following the closing of the Purchase Agreement (the Assignment Agreement together with the Original Option Agreement, the Option Agreement), among Trillium Gold and St. Anthony Gold, St. Anthony Gold has assigned all of its rights and obligations under the Original Option Agreement to Trillium Gold.

Key Points: 
  • Pursuant to the Assignment and Assumption Agreement entered into following the closing of the Purchase Agreement (the Assignment Agreement together with the Original Option Agreement, the Option Agreement), among Trillium Gold and St. Anthony Gold, St. Anthony Gold has assigned all of its rights and obligations under the Original Option Agreement to Trillium Gold.
  • With the recently completed acquisition of the Eastern Vision properties, the Panama Lake acquisition brings Trillium Golds consolidated land package along the Confederation Belt to over 58,400 hectares, bound by the Red Lake and LP Fault structures, positioning it as one of the most prospective exploration projects in the heart of the Red Lake mining district, commented Russell Starr, President & CEO of Trillium Gold.
  • In the event Trillium Gold acquires a 100% interest in the Property, St. Anthony Gold may cause Trillium Gold to exercise its Buy-Back Right under the Option Agreement (as further discussed below) to repurchase from Benton Resources one-half of the 2.0% Net Smelter Royalty (NSR) on the Property and convey such repurchased 1.0% NSR to St. Anthony Gold in exchange for a cash payment by St. Anthony Gold to Trillium Gold of $1,000,000.
  • Recently completed interpretation of newly acquired airborne geophysics have identified several linear magnetic trends that appear coincident with the Panama Zone and other gold occurrences found on the Panama Lake Gold Project.