TRES-OR ANNOUNCES SUCCESSFUL COMPLETION OF DRILLING AT THE GUIGUES PIPE IN QUEBEC
Vancouver, B.C. – January 13, 2020 - Tres-Or Resources Ltd. (“Tres-Or” or the “Company”) (TSXV: TRS, OTCPK: TRSFF) is pleased to announce completion of the 2019 drill program at the Guigues Kimberlite pipe in southwestern Quebec. The program completed 5 HQ core drill holes from two set-ups totaling 1,432 m. Each of the 5 completed holes intersected kimberlite, and the two vertical holes ended at 300 m in kimberlite.
The drilling has successfully provided samples for modern microdiamond testing to evaluate the potential of the Guigues Kimberlite to carry diamonds. Preliminary core logging was completed at a secure facility near the drilling. Samples will be delivered to independent Canadian laboratories.
Guigues’ highly encouraging indicator mineral chemistry is closely similar to De Beers’ Victor Diamond Mine, and differs from the standard model for diamond exploration, by being based on a high-priority potential source of diamonds from mantle eclogite and lherzolite rocks, instead of the standard harzburgite (G10) sources (as described in the Company’s news release of December 9, 2019). Encouraging orange (eclogitic) and purple (lherzolitic) garnets, as well as eclogite and lherzolite xenoliths were logged in core. Tres-Or looks forward to reporting the microdiamond sample results as soon as they are available.
The Company has posted a new investor presentation regarding the Guigues Kimberlite Pipe – Opportunity for Discovery on its website’s landing page (www.tres-or.com).
Disclosure of a scientific or technical nature related to the Company’s projects and exploration activities in this news release was prepared under the supervision of Dr. Harrison O. Cookenboo, B.Sc., M.Sc., Ph.D., P.Geo., acting as the Company’s independent Qualified Person (as such term is defined in National Instrument 43-101). Portions of the information are based on assumptions, qualifications, and procedures that may not be fully described herein and for which there may be no supporting technical report prepared in accordance with National Instrument 43-101.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains projections and forward-looking information that involve various risks and uncertainties, including, without limitation, statements regarding the potential extent of mineralization, resources, reserves, exploration results and plans and objectives of the Company. These risks and uncertainties include, but are not restricted to, the early stage development of the Company and its projects; general business, economic, competitive, political and social uncertainties; capital market conditions and market prices for securities, junior market securities and mining exploration company securities; commodity prices, the amount of geological data available, the uncertain reliability of drilling results and geophysical and geological data and the interpretation thereof and the need for adequate financing for future exploration and development efforts. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.