sur Trifecta Gold Ltd. (isin : CA89615V1013)
Trifecta Gold Targets Expansion with New Yukon Ventures and Share Restructuring
Trifecta Gold Ltd. has announced a significant strategic shift through the acquisition of an up to 100% interest in the Mt. Hinton gold-silver project, along with 10 other high-potential properties. These properties, located within the Yukon's esteemed Tombstone Gold Belt, are known for their reduced intrusion-related gold systems, a characteristic that aligns them with other notable deposits in the region.
The terms of the option agreement with Strategic Metals Ltd. permit Trifecta an initial 70% interest, promising a collaborative venture towards exploration and potentially full ownership. This move is supported by a 4:1 share consolidation, aiming to revitalize the company's market stance and focus on these newly optioned assets.
The Tombstone Gold Belt, stretching over 1,000 km from Alaska into Yukon, is home to significant deposits and has recently attracted renewed exploration interest highlighted by discoveries such as Snowline Gold's Valley and Sitka Gold's RC deposit. Trifecta's portfolio now covering about 30,000 hectares, including the flagship Mt. Hinton, is poised for exploration directed towards its over 60 identified veins with several reported high-grade gold assays.
Prioritizing these targets, including unprospected gold-in-soil anomalies and a large magnetic low area, Trifecta is gearing up for detailed exploration activities. Other properties like Rye, Lance, and Liam also offer promising anomalies associated with large intrusion systems, presenting potential for both gold and porphyry type mineralization.
Trifecta’s board has ratified the decision for share consolidation to streamline operations amidst these strategic advancements, awaiting final approval from the TSX Venture Exchange. This restructured approach marks a refreshed momentum for Trifecta in its pursuit of valuable metal discoveries within the Yukon's prolific gold belt.
R. P.
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