Trojan Gold Inc. (CSE: TGII) has commenced a ground magnetic survey at its Watershed property in the Shebandowan Greenstone Belt of Ontario, Canada.
Trojan holds a 100% interest in the 12,049 acre Watershed property in the western region of the Shebandowan Greenstone Belt, approximately 110 km west of the City of Thunder Bay, Ontario. Shebandowan hosts several past producing metal mines including gold (Ardeen Mine), copper (North Coldstream Mine), and nickel (Shebandowan Mine).
The Watershed property has all-season access and lies adjacent to the north and east-west of the Larose property held by Tashota Resources Inc. and is also adjacent to the Moss Lake property held by Goldshore Resources Inc., which has approximately 4.0 million ounces Au resources (all historical mineral resources comprised of approximately 1.5 million oz. Au indicated and 2.5 million oz. Au Inferred.
The Watershed property straddles the contact between the Quetico metasediments and the felsic-mafic metavolcanic rocks. The under-explored prospective sedimentary terrain has real likelihood to host gold mineralisation as it has the potential to host the extension of the Larose property shear as shown on the latest airborne geophysics. The property is also potentially prospective for copper, nickel, zinc, cobalt, platinum group elements as it hosts other east-northeast trending shear/fault zones that traverse the property.
Prior to Trojan’s recent exploration activity, the Watershed Property had been virtually unexplored for its gold potential, although companies such as Noranda, Inco and Cominco had explored for base metals in the volcanic rocks and associated iron formations.
Recent Activity
In the northern fall of 2021, Trojan’s exploration team performed a due diligence review of previous exploration work undertaken at the property and came up with four prospective target areas. In January of 2022, Trojan retained Abitibi Geophysics to conduct a ground magnetic survey, which is still ongoing.
Once this survey has been completed, a surface prospecting and geological mapping program will be implemented on the geophysical grid. Trojan’s surface geological survey will assist in the selection of a trenching programme to be followed with a drill programme.
For further information please visit: http://trojangold.com/
