Placer mining

Global Gold Mining Market Report 2022 - Rising Demand for Gold Jewelry is Driving Supply of Gold - ResearchAndMarkets.com

Retrieved on: 
Lundi, mai 9, 2022

The Global Gold Mining Market was valued at USD 197.58 Billion in the year 2021.

Key Points: 
  • The Global Gold Mining Market was valued at USD 197.58 Billion in the year 2021.
  • Global Gold Mining Market witnessed healthy growth during the historical period, on account of a significant increase in disposable income of consumers across the globe.
  • The report analyses the Gold Mining Market by Mining Method (Placer Mining, Hardrock Mining, Others).
  • The Global Gold Mining Market has been analysed by Country (United States, Canada, UK, Germany, France, Italy, China, India, Japan, Australia).

Tectonic Acquires Flat Gold Project - Intrusion-hosted Gold System 40km North of Donlin Gold Project in Alaska

Retrieved on: 
Mardi, septembre 28, 2021

VANCOUVER, BC, Sept. 28, 2021 /PRNewswire/ -Tectonic Metals Inc. (TECT: TSXV) (TETOF: OTCQB) (T15B: FSE) (the "Company" or "Tectonic") today announced the acquisition of the Flat Gold Project ("Flat"), an intrusion-hosted, bulk tonnage gold project located in southwestern Alaska, just 40km north of the Donlin Gold Project ("Donlin"), which is currently being advanced jointly by Barrick Gold Corporation (GOLD: NYSE; ABX: TSX) and NOVAGOLD Resources Inc. (NG: TSX; NG: NYSE American).

Key Points: 
  • VANCOUVER, BC, Sept. 28, 2021 /PRNewswire/ -Tectonic Metals Inc. (TECT: TSXV) (TETOF: OTCQB) (T15B: FSE) (the "Company" or "Tectonic") today announced the acquisition of the Flat Gold Project ("Flat"), an intrusion-hosted, bulk tonnage gold project located in southwestern Alaska, just 40km north of the Donlin Gold Project ("Donlin"), which is currently being advanced jointly by Barrick Gold Corporation (GOLD: NYSE; ABX: TSX) and NOVAGOLD Resources Inc. (NG: TSX; NG: NYSE American).
  • Tectonic's President and CEO, Tony Reda, commented, "The acquisition of Flat provides Tectonic with access to one of the most exciting gold exploration opportunities in Alaska.
  • The property's location, just 40km north of Donlin, is enhanced by gold mineralization consistent with that found at the Kinross Gold's Fort Knox mine and Victoria Gold's Eagle mine.
  • Flat also has the potential for free-milling gold, implying a simpler, less energy-intensive extraction process upon mining.

Gold Mining Market Report 2021: A $249.6 Billion Market by 2026 with 3% CAGR Predicted Between 2021 and 2026 - ResearchAndMarkets.com

Retrieved on: 
Vendredi, septembre 17, 2021

The global gold mining market is forecast to grow from $214.1 billion in 2021 to $249.6 billion by 2026, at a compound annual growth rate (CAGR) of 3.1% for the period of 2021-2026.

Key Points: 
  • The global gold mining market is forecast to grow from $214.1 billion in 2021 to $249.6 billion by 2026, at a compound annual growth rate (CAGR) of 3.1% for the period of 2021-2026.
  • Jewelry as an end-use of the gold mining market should grow from $107.3 billion in 2021 to $124.6 billion by 2026, at a CAGR of 3.0% for the period of 2021-2026.
  • Central bank as an end-use of gold mining market should grow from $22.7 billion in 2021 to $26.9 billion by 2026, at a CAGR of 3.5% for the period of 2021-2026.
  • The report segments the gold mining market by technology: placer mining, hardrock mining, bio-mining and recycling.

Flow Metals and Gold Mountain Agreement for Enhanced Exploration

Retrieved on: 
Lundi, juillet 5, 2021

Vancouver, British Columbia--(Newsfile Corp. - July 5, 2021) - Flow Metals Corp. (CSE: FWM) ("Flow Metals" or the "Company") is pleased to announce a mutual data sharing agreement with Gold Mountain Mining Corp. for the New Brenda and neighboring Elk Gold project.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 5, 2021) - Flow Metals Corp. (CSE: FWM) ("Flow Metals" or the "Company") is pleased to announce a mutual data sharing agreement with Gold Mountain Mining Corp. for the New Brenda and neighboring Elk Gold project.
  • The company has further engaged Go Metals Corp. to integrate the shared data and create enhanced models for identifying gold mineralization.
  • The Sixtymile gold project is in the northwest Yukon and has been mined for its placer gold deposits since the late 19th century.
  • Flow Metals is a Canadian gold explorer with a focus on exciting early-stage gold projects in renowned mining districts.

Beauce Gold Fields Commences Drilling Program to Test Gold Bearing Bedrock Structures, Fault Line and the Historical Placer Gold Channel

Retrieved on: 
Mercredi, juin 9, 2021

Patrick Levasseur, President and CEO of Beauce Gold Fields said, "This will be the first significant diamond drill program that this historical placer gold property has ever witnessed."

Key Points: 
  • Patrick Levasseur, President and CEO of Beauce Gold Fields said, "This will be the first significant diamond drill program that this historical placer gold property has ever witnessed."
  • Notably, the AMT Fault is sub-parallel to the placer channel and the splays appear to cross a N-S section the Placer Channel.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.
  • The intent of Beauce Gold Fields is to trace the placer gold workings back to the bedrock source and uncover economic bedrock gold mineralization.

Altamira Gold Sees Additional Exercise of Warrants Bringing Company's Treasury to $6.1M Enabling an Aggressive 2021 Exploration Program

Retrieved on: 
Mercredi, mai 12, 2021

Ground IP Geophysical Program in progress at the Mutum Target, Apiacas Project

Key Points: 
  • The Company\'s current treasury stands at approximately $6.1 million, sufficient to undertake its aggressive 2021 exploration program.\nMichael Bennett, President & CEO commented, "These additional funds allow us to aggressively explore our 3 main projects and continue to advance our growth strategy.
  • "\nAs previously disclosed in the news release dated May 5th, 2021, officers and directors of the Company exercised a total of 1,072,800 warrants for proceeds of $160,920.
  • Recent exploration has also identified four high-grade vein structures with channel samples returning values up to 3m @ 10.39 g/t gold.
  • The Company holds 8 projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold.

Flow Metals Confirms Local High-Grade Gold at Glacier Creek

Retrieved on: 
Jeudi, mars 25, 2021

Scott Sheldon, CEO of Flow Metals comments: "The RAB drilling at upper Glacier Creek and the results from south of Miller Creek show high-grade gold occurs underneath the placer workings as well as in the intervening mountains with the potential for continuity.

Key Points: 
  • Scott Sheldon, CEO of Flow Metals comments: "The RAB drilling at upper Glacier Creek and the results from south of Miller Creek show high-grade gold occurs underneath the placer workings as well as in the intervening mountains with the potential for continuity.
  • We are keen to follow-up the three mineralized zones at upper Glacier Creek, and our new shallow high-grade target south of the historic Miller Creek."
  • The focus of the recently completed drill program was to confirm a local source for the placer gold.
  • Flow Metals is a Canadian gold explorer with a focus on early-stage gold projects in renowned mining districts.

Beauce Gold Fields Completes Rang St-Gustave Trench Work; More than 100 Samples Sent to Laboratory

Retrieved on: 
Mercredi, janvier 6, 2021

Patrick Levasseur, President and CEO of Beauce Gold Fields said, "The Rang St-Gustave area was the site of the only major placer mining and dredging operation in eastern North America.

Key Points: 
  • Patrick Levasseur, President and CEO of Beauce Gold Fields said, "The Rang St-Gustave area was the site of the only major placer mining and dredging operation in eastern North America.
  • In this same sector, the company discovered a major geological fault which could explain, in part, the gold bearing structures."
  • Location of the trenches made in the St-Gustave sector and trajectory of the Yuba dredge used during the exploitation of the gold placer.
  • 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: Plans to Drill and Trench IP Anomalies on Rang de Léry, Site of 19th Century Mines and of Historic Large Gold Nuggets

Retrieved on: 
Mercredi, mai 13, 2020

The Rang de Lry area holds the confluence of the Gilbert River and the Giroux creek, site of intense 19th & 20th century placer gold mining operations and site of the largest reported gold nuggets in Canada.

Key Points: 
  • The Rang de Lry area holds the confluence of the Gilbert River and the Giroux creek, site of intense 19th & 20th century placer gold mining operations and site of the largest reported gold nuggets in Canada.
  • We plan to test promising IP anomalies by trenching down to possible outcrops and follow-up that with exploratory drill holes."
  • Mr. Levasseur further stated: "It has taken BGF a number of years to piece together this large land package.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.

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

Retrieved on: 
Mardi, avril 14, 2020

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.