The Company plans to reopen the existing North Ramp and extend the decline a further approximately 200 m, to access between 30,000 to 40,000 tonnes of vein material about 20 m beneath the historic stopes. Dave Webb, President & CEO, states, “Sixty North Gold continues to execute on its stated plans in preparation for extracting […]
Vancouver, British Columbia – TheNewswire – June 14, 2021 – Arizona Silver Exploration Inc. Deeper drilling is required to test the down-dip portions of the veins intercepted to date, but this requires additional road work and permitting. Results from the 3 core holes and 15 RC holes drilled on the Perry Claim of the Philadelphia […]
Therefore, several holes have gold mineralization only near the bottom of the holes and a couple of holes, drilled over the structure, are missing mineralization. The highest gold grades were found within a known high grade gold bearing structure, but several lower grade zones were also discovered, especially at depths below where higher-grade gold mineralization […]
VANCOUVER, BC, June 14, 2021 /CNW/ – E79 Resources Corp. Rory Quinn, E79’s President and Chief Executive Officer stated, “Our drill program at Happy Valley was designed to test for down-dip extensions of previously mined high-grade quartz vein structures. Confirmation of a section of visible gold assaying at over 78 ounces per tonne demonstrates the […]
In addition to the Francoeur/Arntfield/Lac Fortune property, as part of the transaction Yamana will acquire 30 claims in Beauchastel township to the east of the Wasamac Gold Mine property and three claims in Malartic township from Globex. Globex may elect to receive one or more of the four anniversary payments in Yamana shares. These statements may […]
CALGARY, AB / ACCESSWIRE / June 14, 2021 / CANEX Metals Inc. Drilling to date has confirmed a 3 kilometre long mineralized target zone extending from the Eldorado to the Excelsior areas, and this target is gold bearing in every place we have drill tested it so far, suggesting sizable gold resource potential. Holes GR21-33 […]
This style of alteration is different to that of the Empire Main discovery and is believed by the Company to be conducive to a high grade disseminated style of mineralisation. The technical and scientific information contained in this news release has been reviewed and approved for release by Andrew Chubb, the Company’s Qualified Person as […]
Mark Brennan, CEO and Co-Chairman, commented “The ongoing results from our drill program continues to support our positive outlook for the Serra Alta deposit. The Company’s geological team has completed the update of the high-grade gold estimation domain to be used in the new resource estimate proving extended segments with relevant lateral extent of vein […]
Vancouver, Canada – TheNewswire – June 13th, 2021 – Arbor Metals Corp. The Rakounga Gold Project consists of an exploration permit covering a two-hundred-and-fifty square kilometer area located along the Goren Greenstone Belt in central Burkina Faso. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information […]
Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. […]
Results for drill holes TUT-21-011 to TUT-21-019 can be found in Table 1; collar coordinates and hole orientations are listed in Table 2. Warner Uhl, President and CEO of BMEX Gold, commented, “I am very pleased with the assay results from hole 18, which was one of the last holes targeting the main structure at […]
The PEA also reflects an updated, pit constrained, Mineral Resource Estimate with only 20,195 metres of drilling from the ongoing 66,000 metre drill program included in the update. * The PEA is preliminary in nature, includes Inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable […]
The country is known for its rich mineral endowment and hosts several world-class gold belts, making it the 7th largest gold producing country in the world and the largest gold producing country in Africa. Newcore’s recently released and updated PEA outlines robust project economics, including average annual production of 104,000 ounces of gold in years […]
Added Company President and CEO, Mr. William Schara, “We are very pleased with the results of the IA, which underscores the substantial value accretion that Chandalar could bring to Goldrich and its shareholders. At recent gold prices of around $1,900/oz, the sensitivity analysis shows an undiscounted after-tax cash flow of $95 million, an IRR of […]
Production from the Blackbird Mine area during 1950-1980 led to district-scale exploration which, at Bonanza, included the development of several adits, trenches and surface sampling. To date, Battery has collected 712 grid-spaced soil and 45 rock samples from its Bonanza Project submitted to ALS laboratories in Vancouver, BC for analysis. Commenting on the results, Mr. […]
“This sort of survey, combining quasi 3-D IP and deep-penetrating MT technologies has never been conducted on McGarry. The Survey was designed to gather high-resolution data at depth that will be key to identifying ‘under cover’ exploration targets, i.e., potential ore bodies that do not reach the surface. The resulting data set and initial modeling […]
The Company also cautions that the decision by the Company to proceed to develop the Osto Mine Project and extract mineralization proceeded without the Company first establishing reserves supported by a technical report and completing a pre-feasibility or feasibility study. The Otso Gold Mine is fully built, fully permitted, has all infrastructure in place, two open […]
VANCOUVER, BC / ACCESSWIRE / June 11, 2021 / Viva Gold Corp. On May 18, 2021, the Company received a Notice of Requisition of Meeting, compelling the Company to call a special general meeting to transact the shareholder business stated in the Requisition. The Voting Restriction will be in effect from the closing of the […]
Vancouver, BC – TheNewswire – June 10, 2021 – Engineer Gold Mines Ltd. Finder’s Warrants are exercisable to purchase one common share of the Company at a price of $0.09 per share expiring June 11, 2024. In this tranche a director and an officer of the Company purchased a total of 1,200,000 Units of the […]
An independent technical report on the Pilbara Assets and the Central Goldfields Assets has been compiled to support a transaction, and Infinity and Zanil are in advanced discussions on the terms of a sale and purchase agreement. The Hillside Gold and Copper Project includes four tenements covering 400 km2 located approximately 185km south-east of Port […]