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Tres-Or Resources Ltd. (OTC:TRSFF)

Tres-Or Resources Ltd. (OTC:TRSFF)

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Tres-Or Resources is a diamond play headquartered in White Rock Canada. The company is involved in both the exploration of diamonds and gold.

Quebec Diamond Project:

Tres-Or’s Guigues Kimberlite Pipe:
-Highly prospective Indicator Mineral Chemistry.
-Drill Program of 1432 m Completed December 2019.
-Microdiamond Testing Underway in 2020.

Tres-Or Resources Ltd. is targeting its 100% owned Guigues Kimberlite pipe in southwestern Quebec for testing by modern microdiamond methods. In December 2019, Tres-Or’s targeting program completed 5 HQ (62 mm diameter) core drill holes totaling 1,432 m. Each of the 5 drill holes intersected kimberlite. Two of the five holes were vertical and ended in kimberlite at 300 m, demonstrating that the pipe extends to great depth. The Guigues Kimberlite has substantial size (4 to 6 hectares), excellent local infrastructure, and most importantly, highly encouraging diamond indicator mineral chemistry.

Guigues indicator mineral chemistry highly prospective and comparable to De Beers’ Victor Diamond mine in Ontario.

The highly encouraging indicator mineral chemistry at Guigues is closely similar to De Beers’ Victor Diamond Mine, and differs from the standard model for diamond exploration. The Guigues Kimberlite diamond potential, like that of the Victor Diamond Mine, is based on high-priority source of diamonds from mantle eclogite and lherzolite rocks, instead of the standard harzburgite (G10) sources. The potential diamond source for Guigues is marked by recovery of eclogite and lherzolite garnets that have distinctive compositions just like diamond inclusions recently described from Victor by Stachel et al. (2018). The dominance of lherzolite garnets as inclusions in Victor diamonds (along with a lesser proportion of eclogite garnet inclusions) is unique among diamond mines around the world, and as Thomas Stachel, the University of Alberta researcher who made this discovery points out, may lead to a new model for diamond targets. The Guigues Kimberlite yields numerous lherzolite and eclogite garnets of comparable diamond inclusion composition, as recently confirmed by application of CF Mineral Research Laboratory’s updated classification system by owner and originator Dr. Charles Fipke. Guigues is thus a priority target for this new diamond potential model.

Guigues story:

The Guigues Kimberlite was discovered by De Beers in 1983, and was the first kimberlite pipe discovered in eastern Canada. De Beers drilled two holes (working at the time under the name Monopros), and filed the work with the Quebec government sufficient to hold the claims only until 1989, when the claims expired (ironically, the low cost of operating around Guigues may have contributed to De Beers losing the claims too soon!). Guigues lacked G10 garnet chemistry, and was not further pursued by De Beers. Notably, in 1987 De Beers discovered the Victor Kimberlite, along with others in the Attawapiskat region of Ontario. Like Guigues, Victor lacks G10 garnets and was not prioritized by De Beers, which moved their Canadian focus to the NWT after Fipke’s famous discovery of diamonds there near Lac de Gras in 1992. However, De Beers had completed enough work to keep the Victor claims until the late 1990s, when they went back and refocused on Victor. This refocus better recognized the importance of eclogite as a potential mantle source for diamonds, and utilized more reliable microdiamond testing methods to convince De Beers they had a significant diamond mine at Victor. By this time, however, De Beers had long lost the Guigues claims so refocusing at Guigues was not possible. In fact, Tres-Or Resources had taken control of the claims covering Guigues, and continues to hold them now.

Tres-Or first reached the top of the kimberlite to recover indicator minerals using short RC drill holes in 2011. Included among the recovered indicator minerals were numerous distinctive and high-priority eclogite garnets, comparable to inclusions in diamonds from around the world. In addition, Tres-Or identified a single chromite and several chrome diopsides with compositions pointing to the kimberlite being derived from the diamond stability field. The eclogite garnets with diamond inclusion compositions were especially encouraging because eclogite with abundant diamonds is known from mines around the world.

Because of the distinctive eclogite garnets from Guigues with diamond inclusion compositions , Tres-Or made plans to complete five drill holes for core, testing all parts of the Guigues kimberlite for microdiamonds.

Encouragingly, recent published research with Victor diamonds has further enhanced the potential for Guigues to host diamonds. Specifically, after the research team at U of A led by Thomas Stachel demonstrated that both eclogite and lherzolite garnets occur as inclusions in Victor diamonds (and no G10s!), Dr. Charles Fipke reclassified Tres-Or’s Guigues indicator mineral chemistry using his updated classification system, identifying numerous lherzolite garnets with diamond inclusion compositions just like Victor’s diamond inclusions, in addition to the already prioritized diamond inclusion eclogite garnets. The abundance of eclogite and lherzolite indicators associated with diamond makes Guigues a high-priority unconventional diamond target, just like Victor.

Note that although the indicator mineral chemistry is closely similar to the Victor Diamond mine, this does not mean that the Guigues Kimberlite will necessarily host diamonds. Tres-Or’s microdiamond tests currently underway are required to define it’s potential to host diamonds.

Current 2019 – 2020 Guigues Project Exploration Program

The Company drilled the Guigues Kimberlite Pipe in December, 2019. The primary purpose of the drill program was to collect core for modern microdiamond testing, which has never been done on the property before. Core samples are currently at the lab awaiting analysis.

Tres-Or completed 5 drill holes, broadly testing the Guigues Pipe, and recovering core suitable for modern microdiamond testing at one of Canada experienced commercial laboratories.

Tres-Or strongly believes the Guigues Pipe merits direct testing for microdiamonds at a modern independent Canadian microdiamond laboratory, given the recovery of numerous lherzolite and eclogite garnets comparable to diamond inclusions from De Beers’ Victor Diamond Mine, and the potential for high-quality diamonds as suggested by production from the Victor Mine within the same geological trend.

Quebec Diamond Project

The Company owns a 100% interest in certain mineral claims including the Guigues Kimberlite claims, located in the Notre Dame du Nord area of Quebec. In 2003, Tres-Or paid $133,920, completed $171,200 of exploration expenditures and issued 280,000 common shares with a value of $70,000 to earn its interest in certain of these claims including the Guigues Kimberlite. The vendors retain a 2.0% NSR. The Company may purchase 1% of the NSR for $1,000,000 at any time prior to commercial production of any mineral discovered on the claims and also retains the First Right of Refusal to buy-back the remaining 1.0% NSR. In addition, the Company agreed to deliver 100,000 common shares one day prior to the commencement of commercial production subject to regulatory approval.

The Guigues Kimberlite Pipe Project Guigues is in a highly desirable location with infrastructure in a Tier 1 mining jurisdiction
-Québec is a premier mining jurisdiction
-Québec is consistently ranked as one of the top
mining jurisdictions globally
-Highly prospective geology for diamonds
-Lake Timiskaming Structural Zone
-Diamondiferous Archean-aged Superior Craton
-Renard diamond mine in production
-Key infrastructure in place with easy logistics
-means lower economic hurdles
-Located 10 km from Notre-Dame-du-Nord, Québec
-Paved roads, hydropower, water, telecom
-Strong First Nations relationship
-MOU signed with Timiskaming First Nation sets framework for social license to operate.
-Drilling and modern microdiamond test work in 2021

-Strong Timiskaming First Nation Relations Tres-Or has a long-term and respectful relationship with the Timiskaming First Nation
-MOU with the Timiskaming First Nation
-For the exploration and development of mineral properties on all Timiskaming First Nation
-Signed in 2003 and indefinitely extended in 2005
-Comprehensive MOU includes coverage of:
-Partnerships on the development of resources
-Access to mineral rights
-Resource revenue sharing
-Long-term development strategy
-Employment and training opportunities
-Environmental monitoring and protection
-Ensuring subsistence and traditional land use activities are not negatively impacted
-Drinking water safety
-Support for community development projects
-Establishing and monitoring standards and best practices for mining activities

Fontana Gold Project:

Tres-Or's Fontana Gold Project is located in the Abitibi Greenstone Belt approximately 16 km northeast of Amos, in Duverny Township, Quebec. The company properties cover 8,700 hectares are approximately 60 km north of famous the Rouyn-Noranda, La Ronde, Malartic, Val d’Or gold corridor. These projects have year-round road access, onsite power and significant additional infrastructure. The region has no shortage of skilled mining personnel to help move projects forward.

The Fontana Gold Project includes more than 300 drill holes, channel samples, bulk samples and underground workings (shaft and galleries) from the 1930s to 1990, with best drill intersections of of 17.5 g/t Au over 38.1 m and 17.1 g/t Au over 13.7 m, based on historical reports.

The company has identified four priority target areas on the Fontana Gold Property which include the Hooper-Bunkhouse Zone, Zone 27, Fontana Shaft Zone, and Toughie Zone. These zones are illustrated in the maps below.

There have been over 22,000 tonnes of historical bulk samples taken on the property with an average gold grade of 2.04 g/t. Examples of significant gold assays from one of the key target areas, Zone 27 are listed below.
grams per metric tonne INTERVAL
From (m) DEPTH
To (m)
F-22 3.08 g/t Au over 2.3 m 8.4 m 9.1 m
and 3.77 g/t Au over 0.3 m 223.1 m 223.4 m
F-27 6.53 g/t Au over 8.3 m 122.2 m 128.7 m
F-38 0.68 g/t Au over 18.3 m 56.4 m 74.7 m
JB-00 6 58.40 g/t Au over 1.8 m 115.1 m 116.8 m
JB-00 8 7.92 g/t Au over 0.1 m 97.4 m 98.5 m
JB-00 9 0.16 g/t Au over 143.3 m 25.3 m 168.6 m
including 3.26 g/t Au over 4.6 m 103.7 m 108.3 m
JB- 117 114.00 g/t Au over 0.9 m 188.1 m 189.0 m
and 0.65 g/t Au over 3.2 m 200.1 m 203.3 m
JB-0 10 12.38 g/t Au over 1.7 m 127.3 m 129.0 m
JB-0 13 10.83 g/t Au over 0.9 m 87.1 m 88.0 m
JB-0 19 0.27 g/t Au over 38.2 m 79.2 m 117.3 m
including 22.32 g/t Au over 0.3 m 79.2 m 79.5 m
including 15.50 g/t Au over 0.2 m 117.1 m 117.3 m
JB-0 30 1.50 g/t Au over 5.7 m 115.9 m 121.7 m
including 16.35 g/t Au over 0.5 m 121.2 m 121.7 m
JB-0 51 6.66 g/t Au over 2.2 m 78.4 m 79.0 m
and 5.38 g/t Au over 1.1 m 212.6 m 213.7 m
and 45.07 g/t Au over 0.9 m 322.5 m 323.4 m
JB-0 52 5.35 g/t Au over 2.5 m 160.3 m 162.8 m
including 10.29 g/t Au over 0.7 m 161.3 m 162.0 m
JB-0 54 3.73 g/t Au over 6.4 m 178.2 m 184.6 m
including 16.11 g/t Au over 1.2 m 183.3 m 184.6
JB-0 57 3.84 g/t Au over 1.0 m 194.5 m 195.5 m
JB-0 88 1.31 g/t Au over 1.6 m 49.7 m 51.3 m
JB-0 91 1.49 g/t Au over 4.6 m 12.5 m 17.1 m
JB-0 98 15.53 g/t Au over 0.7 m 63.0 m 63.7 m
FT-13-0 6 0.43 g/t Au over 31.5 m 73.5 m 105.0 m
including 1.33 g/t Au over 7.5 m 75.0 m 82.5 m
FT-13-0 8 0.25 g/t Au over 21.5 m 313.5 m 335.0 m
including 1.59 g/t Au over 2.9 m 332.1 m 335.0 m
and 0.35 g/t Au over 13.5 m 412.5 m 426.0 m
including 1.35 g/t Au over 1.5 m 423.0 m 424.5 m
F-31 1.00 g/t Au over 1.0 m 53.3 m 54.3 m
F-33 1.03 g/t Au over 0.5 m 25.9 m 26.4 m
and 0.69 g/t Au over 3.0 m 68.2 m 71.2 m
F-52 1.82 g/t Au over 0.6 m 127.4 m 127.9 m
and 1.71 g/t Au over 0.3 m 103.8 m 104.1 m
JB-0 7 0.18 g/t Au over 12.2 m 125.8 m 138.1 m
including 6.31 g/t Au over 0.2 m 125.8 m 126.0 m
JB-0 17 2.54 g/t Au over 0.5 m 80.6 m 81.1 m
JB-0 53 1.57 g/t Au over 1.1 m 205.6 m 206.7 m
JB-0 56 0.93 g/t Au over 1.1 m 231.0 m 232.2 m
JB-0 59 0.29 g/t Au over 5.5 m 42.6 m 48.0 m
JB-0 87 1.47 g/t Au over 1.0 m 101.9 m 103.4 m
JB-0 94 0.69 g/t Au over 1.4 m 63.6 m 65.0 m
JB-0 97 0.16 g/t Au over 5.4 m 63.5 m 68.9 m
JB- 112 0.34 g/t Au over 5.0 m 238.4 m 243.4 m

This and all other data sets are currently undergoing further interpretation to direct the company’s future exploration efforts.In addition, surrounding the company’s flagship Fontana Gold Project are an additional twenty-two gold occurrences on the Duvay Chenier and East Mac claims. In addition to these priority showings, magnetic and electromagnetic anomalies, and geochemical (gold grain) anomalies warrant further exploration.

Company’s Fontana Gold Project has been optioned to Kiboko Exploration Inc.(“Kiboko”). Kiboko is a private company whose management and technical team have a history of advancing structurally-complex orogenic coarse-gold deposits like the Fontana Gold Project from exploration through resource definition, feasibility, and permitting. Kiboko is the project Operator.

During the first year of the Option, Kiboko reported that it has completed a regional and property-level structural interpretation for the Fontana Gold Project. Kiboko reported that amongst other activities that Kiboko had:

Staked additional mineral claims that expanded the project’s contiguous land package to more than 100 km2;
Undertaken a massive historic data compilation and verification process, which included the review of more than 200 technical reports generated by more than 80 operators between 1934 and 2017, digitized data from more than 1,200 drill holes totaling more than 183,000 metres of drilling over that period;

Located many historic collars and surveyed them with differential GPS to determine precise locations; and
Developed new structural and grade-tonnage models for the Fontana Project to guide future exploration activities
Kiboko reports that it is in the process of designing a drill program that will evaluate the project using coarse gold specific drilling, sampling, and assaying techniques.

Tres-or Resources Ltd. is traded on the OTC under the ticker symbol TRSFF. This is not investment advice. Please view the disclaimer found on this website.
  • Website

  • Founded Year 2014

  • Employee Size 1 - 10

  • Address 1934 - 131 Street White Rock, B.C. Canada V4A 7R7