Trio owns 94 acres of land (the “Duncan Kerr” Property), which includes two contiguous mining claims, located approximately 3 km southeast of the town of Cobalt, Ontario. The Company’s two contiguous mining patents provide mineral rights which cover the entirety of the 94 acre (38 hectares) area. As patented claims, the mining patents convey surface and mineral exploitation rights of our property indefinitely. This location is surrounded by existing infrastructure (i.e., railway spurs, hydro lines, roadways, close access to water, etc.) which will help to address some of the challenges that are common to new exploration, milling and small processing companies.
The property where the Duncan Kerr Project is located has previously produced positive drill results, including 240 oz of silver per ton at a depth of 124 feet, over a 150 meter drilled target.The Property is located approximately 3 km southeast of the town of Cobalt, Ontario in Coleman Township. A well maintained municipal road and power line service the Property. The Property is bounded by UTM NAD83 Z17T coordinates 365720E to 381170E and 5081510N to 5095375N. The Property consists of 2 contiguous mining patents totaling 38 ha (94 acres) in area. Trio holds both the surface and mineral rights to both of these claims.
The Duncan Kerr Property is located within the Cobalt Embayment in the Southern Province of the Canadian Shield. The oldest rocks on the Property are Archean mafic volcanics that have been intruded by several lamprophyre dykes. These rocks have been unconformably overlain by Proterozoic age Huronian sediments. A large south-southeast dipping Nipissing diabase sill intrudes the Archean mafic volcanics and Huronian sediments. This sill is part of a domed Nipissing diabase sheet that is also exposed to the north of the property and dips towards the north. Most of the silver deposits in the Cobalt Camp (>450Moz Ag) are located proximal to the Huronian-Archean unconformity and are spatially associated with the Nipissing diabase sills. Most of the historical production has been within 200m of the contacts of the diabase, making the geology on the Duncan Kerr Property a favorable setting for silver mineralization.
Click the image below to download the NI 43-101 Technical Report on the Duncan Kerr Property: