Trillium North Minerals Ltd.
TSX VENTURE : TNM

Trillium North Minerals Ltd.

March 25, 2008 08:35 ET

Trillium Acquires Land Adjacent to Pickle Crow Gold Mine

TORONTO, ONTARIO--(Marketwire - March 25, 2008) - Trillium North Minerals Ltd. ("Trillium") (TSX VENTURE:TNM) is pleased to announce that it has secured a land position adjacent to, and on strike from the former producing Pickle Crow Gold Mine in the Pickle Lake greenstone belt in northwestern Ontario. Following Premier Gold Mine's announcement dated November 5th, 2007 stating that Premier had signed an agreement to sell its interest in the Pickle Crow Gold Mine to a private company, PC Gold Inc. ("PC Gold"), Trillium initiated a review of the belt and has staked approximately 4500 hectares.

From the press release referenced above, PC Gold intends to raise financing and implement a major program of exploration and development on the Project, with the intent of returning the past-producing Pickle Crow Gold Mine to production, and to eventually complete a transaction to become a public issuer.

The past-producing Pickle Crow Gold Mine produced 1.47 million ounces of gold between 1935 and 1966, and closed in a low gold price ($35/oz) environment. The Pickle Crow Gold Mine is found within the Uchi geological subprovince, the same belt of rocks in which the mines at Red Lake, Ontario are found.

Trillium believes this area is under explored and contains the potential for the discovery of extensions to the gold mineralization hosted at the Pickle Crow Mine. Trillium has initiated an extensive review of all available data for the area in preparation for future exploration programs.

Michael Thompson, P.Geo, a qualified person under National Instrument 43-101, has approved the technical content of this news release and will supervise the exploration on the project.

Elliot Strashin, CEO, is quoted, "With this acquisition Trillium solidifies its position in the Pickle Lake Gold Camp adjacent to, and along strike of, two former gold producers."

Information on this and all our projects can be viewed on our website at www.trilliumnorth.com.

This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Trillium North Minerals Ltd.'s results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Trillium North Minerals Ltd. disclaims any intent or obligation to update these forward-looking statements.

On behalf of the board of directors

Dr. Elliot Strashin, President

Investors are invited to visit the Trillium North Minerals IR Hub at AGORACOM: http://www.agoracom.com/ir/Trilliumnorth where they can post questions and receive answers or review questions & answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to: TNM@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

The TSX Venture Exchange does not take responsibility for the adequacy or accuracy of this release.

Contact Information

  • Trillium North Minerals Ltd.
    Elliot Strashin
    President
    (416) 504-0077
    (416) 504-6019 (FAX)
    Website: www.trilliumnorth.com