Mineral exploration company
Trojan Gold Inc. (TGI) is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada and the Dominican Republic. The philosophy behind Trojan Gold Inc. is belief in maximizing shareholder value based on strategic property acquisitions through experienced management and in depth research.
Targeted Exploration Opportunities (TEO) – the main focus of TGI management research is to seek out opportunities where others gave up due to bad market conditions, mismanagement or lack of ongoing financing.
Trojan holds a 100% interest in the Watershed Property (11,000+ acres) 100km west of the city of Thunder Bay situated in the Shebandowan Greenstone Belt with access to existing infrastructure such as an airport, hydro electricity and a well developed road system. TGI also holds a 50% interest in the Hemlo South Property (3,318 acres) situated in the Hemlo Gold Camp, 35 kilometres east of Marathon, Ontario. The Shebandowan Greenstone Belt is part of the Wawa Abitibi Sub Province, the world’s second largest historic gold producing terrane.
The Watershed Property is adjacent to the Larose Property (12,000+ acres), which has been the subject of substantial work performed on the property previously by Freewest Resources (later acquired by Cliffs Resources Canada Inc.) and recently by Tashota Resources Inc. (TRI).
Initial exploration programs conducted by Freewest were successful in exposing a mineralized structural corridor containing gold over a 4 kilometre strike length (now estimated at 8-9 kilometres long). The corridor, known as the Larose Shear Zone (LSZ), consists of a series of discrete north-east tending shear zones containing multiple-ounce gold grades in sedimentary rocks.
Recent samples taken during the 2016 fall program by TRI resulted in relatively hi-grade samples between 1.67 – 5.02 ounces of gold, as well as drill results of .50 metres of 27.69 gms/ton and 2.84 gms/ton over 7.5 metres. Based on the extent of this gold bearing shear zone and its recent discovery, confirmed grades, and unexplored SW sector, the LSZ should be viewed as a legitimate gold exploration property with significant potential.
Recently, the Shebandowan Greenstone Belt has attracted new players to the area, including Kesselrun Resources Inc. (KES: V) and White Metals Resources Corp. (WHM: V).
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