Placer deposit

Tempus Resources Ltd - Joint Venture Agreement - Mineral Creek Gold Project

Retrieved on: 
Dimanche, janvier 3, 2021
Economic geology, Placer deposit, Mining, Gold mining

Perth, Australia--(Newsfile Corp. - January 3, 2021) - Tempus Resources Ltd (ASX: TMR) (TSXV: TMRR) ("Tempus") is pleased to announce that it has executed a Property Option/Joint Venture agreement with respect to the Company's Mineral Creek Gold Project, located in British Columbia, Canada.

Key Points: 
  • Perth, Australia--(Newsfile Corp. - January 3, 2021) - Tempus Resources Ltd (ASX: TMR) (TSXV: TMRR) ("Tempus") is pleased to announce that it has executed a Property Option/Joint Venture agreement with respect to the Company's Mineral Creek Gold Project, located in British Columbia, Canada.
  • RGC has the right to acquire an additional 5% of the Mineral Creek Property by paying Tempus C$1,000,000 at any time during the Option/Joint Venture Agreement period.
  • Managing Director, Brendan Borg commented: "The Mineral Creek Gold Project was acquired along with our flagship Blackdome-Elizabeth Gold Project in late 2019.
  • Mineral Creek has a long history of gold mining, dating back to the late 1800's where placer gold was mined from Mineral Creek and China Creek, and from several adits along the Mineral Creek Fault Zone, where gold was mined from high-grade gold-quartz veins.

Inventus Stakes McCarthy Paleoplacer Gold Prospect and Provides Sudbury 2.0 and Pardo Project Updates

Retrieved on: 
Mardi, avril 14, 2020
Chemical elements, Physical sciences, Mining, Economic geology, Gold mining, Placer mining, Surface mining, Gold, Placer deposit, Greater Sudbury, Pardo

The drill hole is located 17 km west-northwest of Inventus Pardo Paleoplacer Gold Project (see Figure 1).

Key Points: 
  • The drill hole is located 17 km west-northwest of Inventus Pardo Paleoplacer Gold Project (see Figure 1).
  • Inventus believes the McCarthy paleoplacer gold occurrence is a separate ancient river system that was depositing gold simultaneously with the Pardo conglomerates and is strong evidence that an extensive paleoplacer gold system occurs in the region.
  • Surface prospecting will investigate whether the favourable gold-bearing conglomerates exist at surface in McCarthy, similar to the Pardo Project.
  • Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Project located northeast of Sudbury.

Beauce Gold Fields: Comparative Analysis Indicates Eroded Fault Line as Source of Historical Placer Gold Channel

Retrieved on: 
Lundi, mars 2, 2020
Economic geology, Mining, Academic disciplines, Placer deposit, Gold mining, Placer mining, Gold mining in Alaska

As noted above, Trench 10008 contained visible gold particles from bedrock and exposed the main geological fault line that runs along the historical placer gold channel.

Key Points: 
  • As noted above, Trench 10008 contained visible gold particles from bedrock and exposed the main geological fault line that runs along the historical placer gold channel.
  • The presence of this gold system could explain, among other things, the gold placers found in the basal till and the underlying saprolite along the historic Saint-Simon-les-Mines placer gold channel.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.
  • The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.

Beauce Gold Fields: Visible Gold Extracted From Volcanic Rock Samples Associated With the Major Geological Fault

Retrieved on: 
Lundi, février 3, 2020
Physical sciences, Chemistry, Chemical elements, Economic geology, Native element minerals, Gold, Arsenic, Beauce, Beryllium, Placer deposit

Patrick Levasseur, president and CEO of Beauce Gold Fields said, "This is the first evidence associating bedrock gold with the main geological fault line."

Key Points: 
  • Patrick Levasseur, president and CEO of Beauce Gold Fields said, "This is the first evidence associating bedrock gold with the main geological fault line."
  • Dany Boilard Explorations bulk sampled 275.70 kg of rock from trenches 10008 and 10009 and did the preparation of laboratory samples.
  • Slight gold anomaly of 18 to 27 ppb on 16 samples with an average of 21.50 ppb, including gold particles 563 ppb.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.

Brazil Minerals, Inc. Recovers Initial Diamonds From New Area

Retrieved on: 
Lundi, novembre 11, 2019
Minerals, Mining, Geology, Economic geology, Diamond, Placer deposit, Blood Diamond, Gemstone

The attached photograph shows two of the rough diamonds recovered from the first complete run of the small size material.

Key Points: 
  • The attached photograph shows two of the rough diamonds recovered from the first complete run of the small size material.
  • As previously disclosed, in prior areas mined by Brazil Minerals in the same Jequitinhonha River Valley mining district, over 95% of the produced rough diamonds were gems suited for jewelry use.
  • The Rapaport valuation of such Brazil Minerals GIA-graded diamonds was $3,250 per carat.
  • Brazil Minerals, Inc. has projects in lithium (17,000+ acres), rare earths (12,000+ acres), titanium, nickel, iron, and placer diamonds and gold.

Brazil Minerals, Inc. Starts Processing for Recovery of Gold and Diamonds

Retrieved on: 
Mercredi, octobre 30, 2019
Economic geology, Academic disciplines, Geology, Minerals, Placer deposit, Ore, Mining, Alluvium, Gold mining, Diamond, Rare-earth element

PASADENA, Calif., Oct. 30, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that its main site alluvial diamond and gold mining operation has started recovery of raw diamonds and fine gold.

Key Points: 
  • PASADENA, Calif., Oct. 30, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that its main site alluvial diamond and gold mining operation has started recovery of raw diamonds and fine gold.
  • The concentrations obtained in processing of diamondiferous and auriferous gravel at the nearby recovery plant are increasing as sequentially lower levels of such alluvial material are reached.
  • All equipment used in this operation belongs to the Company (or its subsidiaries) and therefore production costs are relatively low.
  • Brazil Minerals, Inc. has projects in lithium (17,000+ acres), rare earths (12,000+ acres), titanium, nickel, iron, and placer diamonds and gold.

Beauce Gold Fields Completes 30km2 Sampling and Geological Mapping the St-Simon-les-Mines Placer Gold District

Retrieved on: 
Jeudi, octobre 17, 2019
Economic geology, Academic disciplines, Placer deposit, Mining, Beauce, Placer mining, Gold mining

Geological mapping covered an area of around 30km2 centered on the St-Simon-les-Mines historical placer gold district.

Key Points: 
  • Geological mapping covered an area of around 30km2 centered on the St-Simon-les-Mines historical placer gold district.
  • Although the St-Simon-les-Mines region is known for its numerous placer gold mines, data on bedrock geology was sparse and incomplete.
  • Quebecs MERN geo-information system (SIGEOM) database showed that very little geological mapping and rock sampling (and geochemistry) has been done in the past.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.

Beauce Gold Fields Excavation Cuts Into Fault Line Confirming Its Existence and Exposed 19th Century Mining Shafts

Retrieved on: 
Jeudi, octobre 3, 2019
Economic geology, Mining, Academic disciplines, Placer deposit, Gold mining, Placer mining, Beauce

Of interest, one of the trenches exposed a 19th century placer gold mining shaft.

Key Points: 
  • Of interest, one of the trenches exposed a 19th century placer gold mining shaft.
  • Patrick Levasseur, President and CEO of Beauce Gold Fields, said, " Its astonishing that for an area that witnessed important historical placer gold mining, the underlying geology was largely unknown.
  • Confirming the existence of the fault line first indicated by geophysics, along with the surrounding mineralized rock, is a major geological discovery.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.

Brazil Minerals, Inc. Advances Diamond & Gold Mining Operation

Retrieved on: 
Mercredi, septembre 4, 2019
Economic geology, Minerals, Mining, Academic disciplines, Placer deposit, Placer mining, Diamond

PASADENA, Calif., Sept. 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that its alluvial diamond and gold mining operation continues to progress very well and as planned.

Key Points: 
  • PASADENA, Calif., Sept. 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that its alluvial diamond and gold mining operation continues to progress very well and as planned.
  • This active project is in the Jequitinhonha River Valley in a district known for retrieval of diamonds and gold for over two centuries.
  • Brazil Minerals, through subsidiaries, has title to over 27,000 acres of mineral rights for diamonds and gold in this region.
  • Brazil Minerals, Inc. has projects in lithium (17,000+ acres), rare earths (12,000+ acres), nickel, iron, and placer gold and diamonds.

Beauce Gold Fields Presents Results of a Geoelectric Survey Under the Former Gold Mines of Saint-Simon-les-Mines

Retrieved on: 
Mardi, août 6, 2019
Beauce, Gilbert River, Placer deposit

Patrick Levasseur, President and CEO of Beauce Gold Fields, said, "The results of the geoelectrical tomography survey is another solid piece of evidence that narrows our exploration efforts to find the bedrock source of the gold-bearing placers of Saint-Simon-les-Mines."

Key Points: 
  • Patrick Levasseur, President and CEO of Beauce Gold Fields, said, "The results of the geoelectrical tomography survey is another solid piece of evidence that narrows our exploration efforts to find the bedrock source of the gold-bearing placers of Saint-Simon-les-Mines."
  • The location of the two lines of the geoelectric tomography survey is shown on the Figure 2 map.
  • The geoelectric tomography survey demonstrates the presence of distinct lithological blocks located on both sides of the Gilbert River.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.