Having surface sampled the zone 6 drill locations, and proved there is graphite there already, mitigates much of the risk going into this drill program. Over the past five years, the Company has discovered and developed its Berkwood Graphite Project which has shown to have not only extremely high grades, but also extremely large flake […]
is pleased to announce that it has received approval and will begin trading on the OTCQB Venture Market. The management team and board of directors of the Company have an established track record of creating significant returns for investors and have demonstrated access to capital to advance the development of assets. Any securities referred to […]
“We are excited to move forward with the Distribution and for all of our First Mining shareholders to become direct shareholders of Treasury Metals,” said Dan Wilton, CEO of First Mining. Once First Mining has received final court approval for the Distribution, the Company will issue a news release announcing the finalized record date of […]
Lidar, which stands for “Light Detection and Ranging”, is a remote sensing method that uses light in the form of a pulsed laser to measure ranges to the Earth. Lidar resolves bedrock structures and is used to refine the locations of significant shear zones, and more generally toward characterizing the structural architecture of the gold […]
Buddy Doyle, President said, “The scout drilling program was initiated to gain a rapid understanding of the type and styles of mineralization on the Gold Rush property. Assays have been returned for the North Vein prospect and we report a 2.22g/t Au interval in Drill hole NV-2021-03, 2m from 51m to 53m. More drilling would […]
Together with the scope and scale of this year’s program, the Company anticipates its methodology could discover significant gold-silver ounces in satellite deposits across the largely underexplored 145 km2 land package. John Williamson, CEO, commented, “Benchmark well exceeded expectations with its current mineral resource estimate and sees near-term potential for the upcoming drill program to […]
TORONTO, June 16, 2021 announced today a temporary suspension of mill operations at its Tasiast mine due to a fire on June 15, 2021. Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. …Read the full story
Toronto, Ontario– announced today that a contractor at its 100% owned 3Aces Project in Canada’s Yukon has tested presumptively positive for COVID-19 when the Company conducted a rapid antigen test after the person arrived at the Project site. “Reducing the risk of transmission and protecting the health and wellness of our workers and surrounding communities […]
Vancouver, BC – TheNewswire – June 15th, 2021 – Fidelity Minerals Corp. The focus of exploration efforts has been continued follow-up of 2020 surface sample results that isolated a notable 50m by 100 m area comprising a tectonic breccia rock that is gold anomalous. The results of selected gold anomalous samples are given in Table […]
Obviously, further confirmation of exceptional high-grade results is getting us extremely excited about the potential results that the 3D modelling will show following the receipt of all of the results from our phase two drilling program,” stated President and CEO, James Macintosh. The two high-grade gold intersections intersected drill hole J-9-21 is located approximately 20 […]
Vancouver, British Columbia– is pleased to announce that the B.C. The Phase I drill program, announced in the May 17th news release, will be comprised of at least six 500 metre drill holes from six permitted drill pad location to test mineralization at depth. The first holes to be drilled at Dungate will test a […]
The Company expects to close the second tranche of the Offering on or about June 17, 2021. The issuance of the HD Units to the insiders are considered related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions of MI 61-101, on the […]
Ian Stalker, CEO, commented; “We are delighted with these intersections which reaffirm the quality of this deposit, and support our view that there is room to grow it – it already has a 2 Moz Indicated Mineral Resource Estimate . At Tuzon the layer has been repeatedly folded and is interpreted to be a large […]
VANCOUVER, BC, June 15, 2021 /CNW/ – New Found Gold Corp. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional variability in true width. Greg Matheson COO of New Found, stated: “The two intervals in NFGC-21-204 of 21.4 g/t Au […]
Under the terms of the option agreement, Great Thunder can acquire a 100% interest in the Bursey’s North claims from the option or by paying $5,000 and issuing 100,000 shares immediately, incurring $25,000 of exploration expenses within two years and granting a 2% net smelter returns royalty. The Property lies along the GRUB Fault, a […]
The reader is cautioned that while an XRF unit can detect anomalous concentrations of various metals within the drill chips, the reading is not an assay completed at an accredited assay laboratory and that Kestrel is utilizing the XRF unit for qualitative, not quantitative, analysis of the arsenic content of the chips. Holes were sampled […]
“The Tango discovery, with its large surface footprint, strong oxide grades and thicknesses is a testament to the quality of targets that Vance Spalding, Contact Gold’s Vice President of Exploration and his team have generated at Green Springs. Contact Gold began the 2021 Green Springs drill program in late February and completed 58 drill holes […]
This Phase 1 program will involve reconnaissance and detailed geochemical soil sampling, prospecting, and geological mapping at both the Willie Jack and Swan properties which comprise the Atsutla Gold project. The mineralization discovered to date is related to the Mesozoic intrusive batholiths that comprise the Atsutla mountain range, and shares characteristics of both Cu-Au porphyry-type […]
The Company has completed 13 holes totalling 7,242 metres and is scheduled to start the Phase 2 Drilling Program in July. The continuity of mineralization, low-grade and high-grade, is identified by several gold-bearing zones that require follow-up drilling as they have the same signature as gold-bearing zones in the Con Mine. The mineralization in holes […]
The mineralisation model developed for Wapolu is that the gold is associated with hydrothermal fluids, concentrated in shallow-dipping deposits within or immediately adjacent to a detachment fault zone . A small trial mine was conducted in the mid 1990’s, and in the early 2000’s a limited metallurgical test-work program and technical study were carried out. […]