FINAL ASSAY RESULTS FROM 2017 DRILLING PROGRAM & GROUND GEOPHYSICS BEGIN AT FONTANA GOLD PROJECT
Vancouver, B.C. – December 8, 2017 - Tres-Or Resources Ltd. (“Tres-Or” or the “Company”) (TSX-V: TRS, OTCPK: TRSFF) is pleased to provide an update on its forthcoming ground geophysical program at its wholly owned Fontana Gold Project and report final drill results from the Company’s 2017 drilling program. Fontana, the Company’s flagship project is located 10 km northeast of Amos, and 65 km north of Val-d’Or, Quebec.
“The drill results from our first four holes confirm strongly enriched gold mineralization in our priority Hooper and Bunkhouse zones. The sulphide-rich character of the Hooper Zone gold mineralization, combined with the shallow depths, gives us the opportunity to use high-resolution ground geophysics to extend the gold mineralization and find new targets at Fontana,” said Laura Lee Duffett, Tres-Or’s President and CEO.
High Resolution Ground Electromagnetic (“EM”) Survey
Tres-Or will be commencing a high-resolution ground electromagnetic (HLEM) survey at its Fontana Gold Project. The survey lines will be closely spaced at 25 meter line apart, focusing on the intersection of priority gold zones known from historical records and confirmed by Tres-Or’s 2017 drill program, as described below. The geophysical survey will use the horizontal loop method, to detect conductive features such as the semi-massive to massive sulphide veins that carry gold in this area. The Company expects this HLEM survey to better define and extend known gold bearing structures as well as to identify new targets.
Tres-Or 2017 Drilling Program Final Results Received
In 2017 Tres-Or completed a four hole drilling program totaling 897 m testing the high priority Hooper Zone and Bunkhouse Zone targets which occur within the Fontana Gold Zone. Further to the Company’s May 31st, 2017 news release announcing results for holes F17-01 and F17-02, the Company is pleased to announce results for holes F17-03 and F17-04, which both intersected gold mineralization.
Table 1: Gold enriched intersections from Tres-Or’s February and March 2017 drilling.
True thickness not yet determined for Hooper and Bunkhouse intersections
The Hooper Zone comprises massive to semi-massive sulfide veins which returned 46.1 g/t Au over 0.5 m in Hole F17-01; 2.99 g/t Au over 7.0 m in the second hole (including 15. 91 g/t Au over 1.0 m) and 3.49 g/t Au over 0.40 m in the third hole (Table 1). Similar sulfide rich intervals in the fourth hole yielded 1.00 g/t Au over 3.25 m from 18.25 to 21.50 m depth, including 5.70 g/t Au over 0.5 m (Table 1). The Hooper Zone intersection in F17-01 also carried 2.33% copper (Cu) and 98.5 g/t silver (Ag).
The Bunkhouse Zone is a deformed (sheared) white quartz vein with strong gold mineralization and only trace sulfides. Tres-Or’s first drill hole F17-01 intersected 10.41 g/t Au over 1.0 m and the second drill hole intersected 0.88 g/t Au over 2.0 m from this quartz dominated Bunkhouse Zone (Table 1). The Bunkhouse Zone forms a laterally extensive steeply dipping plane, traced for more than 600 m in a northeast-southwest trend.
The Fontana property hosts significant historical gold mineralization. The Bunkhouse Zone appears to extend over 300 m from the main Fontana shear southwest past the Hooper Zone (Figure 1). The Hooper Zone extends west and northwest more than 100 m from reported historic work. Assuming success in recognizing the intersected gold zones, this HLEM geophysical survey will be expanded to cover and identify other priority gold targets at Fontana for confirmation testing.
About the Fontana Gold Project
The Fontana Gold Project is the most advanced project in the Amos area of Quebec. It has been the subject of considerable past work, including the sinking of a 92 meter shaft, excavation of 242 meters of underground workings, completion of over 300 drill holes, and processing of 22,047 tonnes of bulk sample material yielding 1,450 ounces of gold.
Figure 1: Drill holes F17-01, F17-02, F17-03 and F17-04 near the intersection of the Hooper and Bunkhouse zones.
2017 Drilling Program Sampling Protocols
Drill core samples were logged, sawn in half, with one half sent to Techni-lab S.G.B. Abitibi Inc in Ste Germaine-Boulé, Québec, a division of ActLabs. At the lab, samples were analyzed for gold by fire assay and atomic absorption using a 5 g aliquot, with those samples returning > 3 g/t gold then repeated using a 30 g aliquot and gravimetric finish. Sample splits were also analyzed for 55 elements by induction coupled pyrolysis (ICP) by Actlabs. Techni-Lab holds a certificate of accreditation conforming to ISO 17025:2005 for the processes used in this analysis.
Laura Lee Duffett, P.Geo. and Harrison Cookenboo, Ph.D., P.Geo, OGQ are the qualified persons as defined in National Instrument- 43-101, who have reviewed and are responsible for the technical information presented in this news release.