Drill Targets Proposed At The Gold Springs Project

 

VANCOUVER -  Mining Inc. reported the completion of a structural context analysis identifying five prospective drill target areas in the central portion (Central Jumbo) of the significant Jumbo Trend at its flagship Gold Springs Project in Nevada-Utah.  TMI will use the analysis to support further gold exploration and future drilling at Gold Springs.

TMI engaged SRK Consulting Inc. to investigate the structural controls for gold mineralization within the Central Jumbo area, between the North Jumbo and South Jumbo resource zones.  The North and South Jumbo zones lie within a defined 5.5-kilometer-strike of the Jumbo Trend in Utah in the eastern portion of the Gold Springs Project.

Antoine Cate of SRK produced the Central Jumbo structural report for TMI based on interpretation from a site visit to key outcrops and evaluating structural geology, which were used to define the five drill target areas.  TMI believes that prospective gold mineralization exists in Central Jumbo and that an improved understanding of the fault structures pervasive throughout the area will greatly assist in future drill targeting. Dr. Cate’s work will assist in this targeting.

Eric Edwards, President and CEO of TMI, said, “An understanding of the structural setting and controls within the Jumbo Trend is vital as we move forward with exploration and work to potentially connect the mineral resource over the un-drilled 2 km zone between Central Jumbo and South Jumbo (aka Etna).  We believe that the gold mineralization through North Jumbo to South Jumbo may be connected and also extended to the north and south.  With a robust geologic model and scientific theory of faulting sequence, relative movement and subsequent mineralizing events that have occurred at Central Jumbo, we can move forward to identifying the shifted resource blocks. We are confident that we have the foundation model that provides high quality drill targets and can be refined from drill testing.  As I have said previously, we are working toward our goal to identify 3.0 million oz of gold in mineral resources.”