Three of the new holes in the 2008 program were drilled to investigate a 400 metres long magnetic anomaly, 800 metres west of previous drilling, resulting in the discovery of a 50 metres thick zone and a 100 metres thick zone of disseminated sulphides which are likely to be PGE enriched. These sulphide zones appear to have accumulated in a trough at the base of the intrusion. The sulphides identified in sawn drill core are pyrrhotite, chalcopyrite, and cubinite. Native copper was also found, within blebs of zoned sulphides. Polished thin sections reveal pentlandite flames within pyrrhotite. This sulphide assemblage was determined to be "enriched" in PGE metals with a 1:1 Pt:Pd ratio and high osmium content indicating a primary source of magma from the mantle of the crust.
These sulphides were originally discovered in 3 different layers within the intrusion, two high up in the dunite (olivine rich) phase and one at the base in a lherzolite-olivine pyroxenite basal phase. Examples of the layers are given in the table below from past drill programs(see News Release July 5, 2004).
WM00-05
From(m) To(m) Interval(m) Cu(ppm) Ni(ppm) Pt(ppm) Pd(ppm) Pt + Pd(ppm) 465.00 466.00 1.00 567 1640 0.183 0.214 0.397 466.00 467.00 1.00 773 1690 0.204 0.246 0.450 Upper 467.00 468.00 1.00 1045 2060 0.525 0.624 1.149 Zone 468.00 469.00 1.00 949 2110 0.515 0.627 1.142 476.00 477.00 1.00 174 1570 0.060 0.070 0.130 477.00 478.00 1.00 232 1545 0.074 0.082 0.156 Middle 478.00 479.00 1.00 737 1790 0.082 0.096 0.178 Zone 492.00 493.00 1.00 474 1495 0.095 0.118 0.213 493.00 494.00 1.00 2200 2330 0.678 0.855 1.533 494.00 495.00 1.00 465 1775 0.214 0.243 0.457 Lower 495.00 496.00 1.00 272 1825 0.132 0.154 0.286 Zone 496.00 496.94 0.94 186 1865 0.101 0.117 0.218 498.00 499.00 1.00 48 1695 0.117 0.119 0.236
1g = 1ppm, 500ppm = 1.1 lbs/tonne
31.10g = 1 ounce, 0.1% = 1000ppm = 2.2 lbs/tonne
WM00-07
From(m) To(m) Interval(m) Cu(ppm) Ni(ppm) Pt(ppm) Pd(ppm) Pt + Pd(ppm) 474.00 475.00 1.00 53 1545 0.100 0.110 0.210 475.00 476.00 1.00 330 1580 0.094 0.107 0.201 476.00 477.00 1.00 1595 1955 0.379 0.461 0.840 477.00 478.00 1.00 822 1900 0.297 0.352 0.649 Upper 478.00 478.39 0.39 35 1555 0.027 0.031 0.058 Zone 479.90 481.00 1.10 296 1690 0.133 0.150 0.283 481.00 482.00 1.00 231 1595 0.056 0.060 0.116 511.00 512.00 1.00 1410 2140 0.567 0.673 1.240 512.00 513.00 1.00 1985 2300 0.834 0.963 1.797 513.00 514.00 1.00 530 1760 0.334 0.367 0.701 514.00 515.00 1.00 2970 3170 1.615 1.925 3.540 515.00 516.00 1.00 1600 2160 0.741 0.886 1.627 Middle 516.00 517.00 1.00 3830 2990 1.745 2.050 3.795 Zone 517.00 518.00 1.00 2390 2620 1.275 1.425 2.700 518.00 519.00 1.00 343 1805 0.231 0.269 0.500 524.00 525.00 1.00 1430 2000 0.506 0.612 1.118 525.00 526.00 1.00 434 1710 0.132 0.154 0.286 Lower 526.00 527.00 1.00 573 1805 0.229 0.247 0.476 Zone 527.00 528.00 1.00 721 1825 0.287 0.319 0.606
WM01-08
From(m) To(m) Interval(m) Cu(ppm) Ni(ppm) Pt(ppm) Pd(ppm) Pt + Pd(ppm) 468.00 469.00 1.00 80 1510 0.203 0.186 0.389 469.00 470.00 1.00 25 1510 0.035 0.042 0.077 470.00 471.00 1.00 1095 1895 0.399 0.456 0.855 471.00 472.00 1.00 421 1575 0.095 0.107 0.202 472.00 473.00 1.00 1480 1875 0.327 0.400 0.727 473.00 474.00 1.00 4180 2820 1.055 1.265 2.320 Upper 474.00 475.00 1.00 6320 3670 1.720 2.030 3.750 Zone 475.00 476.00 1.00 6880 3690 1.775 2.050 3.825 476.00 477.00 1.00 3080 2750 0.852 0.992 1.844 477.00 478.00 1.00 764 1810 0.194 0.224 0.418 478.00 479.00 1.00 404 1870 0.285 0.343 0.628 479.00 480.00 1.00 62 1650 0.096 0.104 0.200 493.00 494.00 1.00 1595 2000 0.385 0.459 0.844 494.00 495.00 1.00 6250 3660 1.755 2.100 3.855 495.00 496.00 1.00 6190 3750 1.805 2.180 3.985 496.00 497.00 1.00 3920 3170 1.105 1.335 2.440 Lower 497.00 498.00 1.00 1725 2490 0.640 0.768 1.408 Zone 498.00 499.00 1.00 1200 1965 0.452 0.512 0.964 499.00 500.00 1.00 581 1800 0.307 0.346 0.653 500.00 501.00 1.00 69 1625 0.179 0.166 0.345
WM01-09
From(m) To(m) Interval(m) Cu(ppm) Ni(ppm) Pt(ppm) Pd(ppm) Pt + Pd(ppm) 530.00 531.00 1.00 360 1665 0.116 0.138 0.254 531.00 532.00 1.00 2070 2380 0.906 1.115 2.021 532.00 533.00 1.00 442 1625 0.209 0.254 0.463 Upper 533.00 534.00 1.00 334 1705 0.256 0.313 0.569 Zone 534.00 535.00 1.00 408 2120 1.270 1.285 2.555 545-545.65 545.75-546 0.90 910 2520 2.440 0.580 3.020 545.65 545.75 0.10 270 2272 3.400 1.198 4.598 546.00 547.00 1.00 2320 2920 0.839 1.050 1.889 547.00 548.00 1.00 815 2080 0.329 0.388 0.717 Lower 548.00 549.00 1.00 374 1760 0.109 0.125 0.234 Zone 549.00 550.00 1.00 947 1890 0.229 0.258 0.487 550.00 551.00 1.00 768 1775 0.190 0.211 0.401 551.00 552.00 1.00 308 1615 0.113 0.121 0.234
The following table outlines the depth of each hole from the current program.
Drill Hole # Depth (m) WM08-26 600 WM08-27 600 WM08-28 582 WM08-29 716 WM08-31 396 WM08-31A 139 WM08-32 471 WM08-33 399 8 holes 3903
The Seagull Property is currently a 50/50 joint venture between Trillium and East West Resource Corporation. Black Panther Mining Corp. ("Black Panther") has been granted an option to earn an initial 30% interest in the Seagull/Wolf Mountain property (the "Seagull Property"). In order to acquire its initial 30%, Black Panther is required to spend $500,000 in exploration expenditures by February 28, 2009. Under the Option Agreement, Black Panther also has the right to increase its interest in the Seagull Property up to 51% by spending an additional $1m in exploration expenditures by February 28, 2011, 60% by spending an additional $1m by February 28, 2012 and 75% by taking the property to commercial production.
Splitting and assaying is expected to continue through the Christmas break with completion by year end. Assay results will be released once they are received and compiled. It is expected that 900 samples will be analysed for Pt, Pd, Au, Cu, Ni as well as some multi element analyses and thin sections that are needed in order to further classify the host to the mineralization. Readers are invited to visit the company website at www.trilliumnorth.com for more historical data on the project.
This news release has been reviewed and approved by Mr. Robert Middleton, P.Eng, Geophysicist, and is the Qualified Person for this project in accordance with regulations under the NI 43-101.
Certain information regarding Trillium North Minerals Ltd. contained herein may constitute forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Trillium North Minerals Ltd. believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Trillium North Minerals Ltd. cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Trillium North Minerals Ltd. currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.
On Behalf Of the Board of Directors
Elliot Strashin, President and CEO
The Tsx Venture Exchange Does Not Take Responsibility For The Adequacy Or Accuracy Of This Release.
TRILLIUM NORTH MINERALS LTD
500 - 20 Maud St., TORONTO
Ontario, CANADA M5V 2M5
Telephone: (416) 504-0077 Fax: (416) 504-6019
www.trilliumnorth.com
402 - 905 West Pender Street, VANCOUVER
British Columbia, CANADA V6C 1L6
Telephone: (604) 681-1909 Fax: (604) 689-5930
TSX:V Symbol: TNM
Source: Trillium North Minerals Ltd
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