January 12, 2012
NEWS RELEASE
DRILL RESULTS FROM THE TRES-OR FABRE SILVER PROJECT, QUEBEC
Tres-Or Resources Ltd. (�Tres-Or�) (TSX Venture: TRS) is pleased to announce significant drill intersections from the initial 2 hole drill program on the Fabre Silver Property in northwestern Quebec. Tres-Or�s 100%-owned Fabre Silver Property (2450 ha) is at the southeastern limits of the historically important Cobalt Silver Mining Camp centered in northeastern Ontario, which produced 445 million ounces of silver between its discovery in 1906 and the end of the 1900s.
Drill hole TRS F002-10 intersected 68.36 grams per tonne (g/t) silver (Ag) over 30 m between 66 and 96 m depth, including 201 g/t Ag over 9 m between 85 and 94 m depth. The richest individual sample was 1510 g/t Ag over 1 m between 90 and 91 m. This sample contains 74% of the total silver from the 30 m interval. Drill hole TRS F001-10 intersected a silver mineralized zone of 3.01 g/t Ag over 35 m between 19 and 54 m, including a richer zone of 7.01 g/t Ag over 5 m between 34 and 39 m. Both holes were drilled from the same surface location angled towards the northeast at azimuth 027. TRS F001-10 was drilled at 45 degree inclination and TRS F002-10 at a 78.5 degree inclination. True widths of the mineralized intervals are unknown, and orientation of the mineralization is yet to be determined.
Table 1: Mineralized intersections from Tres-Or�s initial two drill hole program at the Fabre Silver Property.
| Drill Hole # |
From (m) |
To (m) |
Au (g/t) |
Length (m) |
| TRS F001-10 |
35.0 |
54.0 |
3.01 |
54.0 |
| including: |
34.0 |
39.0 |
7.01 |
5.0 |
| |
|
|
|
|
| TRS F002-10 |
66.0 |
96.0 |
68.36 |
30.0 |
| including: |
85.0 |
94.0 |
201 |
9.0 |
| including: |
90.0 |
91.0 |
1510 |
1.0 |
Core was logged on site, and then transported to Tres-Or�s field office in Haileybury, Ontario for detailed logging. At the field office, the core was split and one-half split was bagged in 1 m intervals for analysis at 2 independent ISO1EC 17025 rated laboratories. Analysis included multi-element (35 or 58 elements) ICP-MS, with fire assay for silver values greater than 50 ppm (g/t). The samples were analyzed in 4 stages, with the initial 8 samples sent to ACME Analytical Laboratories in Vancouver, British Columbia. Samples were sent in 3 subsequent stages to Activation Laboratory (Actlabs) in Ancaster Ontario, with the final stage completing a � split of the entire drill core.
The Fabre Silver Property has historical showings and drill intersections, including a 1995 drill hole reported in report GM 53625 filed with the Quebec government of 714.2 g/t Ag, 2.7% cobalt (Co) and 1.1% bismuth (Bi) over 0.52 m between 114.93 and 115.30 m depth, as well as 600 g/t Ag, 8.0% Co and 0.4% Bi over 0.49 m between 131.4 and 131.90 m. Tres-Or�s initial two hole drill program (total 205.7 m of NQ core recovered) was designed to confirm and replicate these historical drill intersections.
Tres-Or is strongly encouraged that the initial drill program at the Fabre Silver Property has confirmed highly enriched silver mineralization. Defining the orientation and true thickness of the mineralized zone will be the priority for subsequent drilling.
Laura Lee Duffett, President and CEO of the Company, a qualified person by the standards of National Instrument 43-101, is overseeing the project and is responsible for the content in this news release.
On behalf of the Board of Directors,
�Laura Lee Duffett�
Laura Lee Duffett
President and CEO
Contact: Dominic Spedaliere - Corporate Communications Ph: 604-688-8700
Email: info@tres-or.com Website: www.tres-or.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.
About Tres-Or Resources Ltd.:
Tres-Or Resources Ltd. (TSX Venture: TRS) is a Canadian resource company exploring gold and precious metals projects and diamond assets in Ontario and Quebec. The experienced team has proven success in exploration through to discovery and mine development. Additional information related to the Company is available at: www.tres-or.com .
