Oil well

GFG Provides Initial Drill Results from 2021 Phase 1 Drill Program at the Pen Gold Project West of Timmins, ON

Retrieved on: 
Tuesday, June 29, 2021

SASKATOON, Saskatchewan, June 29, 2021 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (GFG or the Company) reports the initial drill results from its recently completed 5,800 metre (m), Phase 1 2021 drill program at its 100% owned Pen Gold Project (Pen or the Project) located west of the prolific Timmins Gold District in Ontario.

Key Points: 
  • SASKATOON, Saskatchewan, June 29, 2021 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (GFG or the Company) reports the initial drill results from its recently completed 5,800 metre (m), Phase 1 2021 drill program at its 100% owned Pen Gold Project (Pen or the Project) located west of the prolific Timmins Gold District in Ontario.
  • Our aggressive Phase 1 drill program was able to confirm several productive gold systems that deserve further attention and drilling, stated Brian Skanderbeg, President and CEO.
  • The initial drill results from the Phase 1 drill program are from the Boundary, Slate Rock, R66 and Keith South prospects (see Table 1 and Figures 1-4).
  • Following the summer field season, the Company anticipates starting its 2021 Phase 2 drill program at the Pen Gold Project in September with approximately 4,000 m of drilling.

Mandalay Resources Extends Main Zone and Confirms the Eastern Extension of Lake Zone at Its Björkdal Operation

Retrieved on: 
Tuesday, June 29, 2021

TORONTO, June 29, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the Main Zone and Lake Zone drilling programs at its Bjrkdal Operation in Sweden.

Key Points: 
  • TORONTO, June 29, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the Main Zone and Lake Zone drilling programs at its Bjrkdal Operation in Sweden.
  • Both suggestions of vein extension and upgrading have been supported by extensional drilling started in late 2020 by the Bjrkdal Deeps Drilling campaign and continued through the Lake Zone Infill and the Main Zone Extension drilling programs of 2021.
  • Perspective view of the Bjrkdal Mine looking towards the SSW highlighting the interaction of the veining (Red) marble (Blue) and Bjrkdal shear (Yellow).
  • Drilling of the 2021 Main Zone extension and Lake Zone infill drilling is also shown.

Update on Deep-South Haib Copper Licence Renewal Application

Retrieved on: 
Friday, June 25, 2021

In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.

Key Points: 
  • In its application for renewal and subsequent representations made to the Ministry, the Company maintains that it clearly demonstrated having met all criteria under the Act to justify the renewal of its Licence.
  • Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.
  • As a result of the Minister's refusal to renew the Licence, the Company has terminated all work on site andhas proceeded with the retrenchment of its employees on site.
  • In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution.

Oroco Receives Approvals for Drill Programs

Retrieved on: 
Wednesday, June 23, 2021

The Chihuahua State office of SEMERNAT approved the Companys 46 drill locations, supporting 28-person camp, and access road network the Brasiles Zone.

Key Points: 
  • The Chihuahua State office of SEMERNAT approved the Companys 46 drill locations, supporting 28-person camp, and access road network the Brasiles Zone.
  • The Company will now proceed to install water storage and distribution facilities to support the drilling at the Brasiles and North Zones and will shortly mobilize drill equipment to commence the drill programs.
  • Based on data generated by these drill programs, a historical Prefeasibility Study was completed by Bateman Engineering Inc. in 1994.
  • Oroco does not assume any obligation to update the forward-looking statements should they change, except as required by law.

Noble Corporation Publishes New Investor Presentation And Fleet Contract Status Update

Retrieved on: 
Wednesday, June 23, 2021

SUGAR LAND, Texas, June 23, 2021 /PRNewswire/ --Noble Corporation (NYSE: NE) today announced that it has published a new investor presentation.

Key Points: 
  • SUGAR LAND, Texas, June 23, 2021 /PRNewswire/ --Noble Corporation (NYSE: NE) today announced that it has published a new investor presentation.
  • In addition, its report of drilling rig status and contract information has been updated as of June 23, 2021.
  • Both can be found under the "Investor" section on the Company's Website, www.noblecorp.com .
  • Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921.

FenixOro Discovers New, Wider Mineralized Structure and Completes First Hole of Phase 2 Drilling

Retrieved on: 
Wednesday, June 23, 2021

Hole P010, the first hole of the Phase 2 infill and step-out drill program on the northwest vein corridor has been completed at a hole length of 540m.

Key Points: 
  • Hole P010, the first hole of the Phase 2 infill and step-out drill program on the northwest vein corridor has been completed at a hole length of 540m.
  • Detailed vein mapping was completed in 76 mines in the area of Phase 1 drilling.
  • Phase 2 drilling has begun and hole P010 has been completed to a length of 540 meters.
  • Hole P011 is being drilled at a steeper angle than earlier holes as a deep test of economic potential of the mineralized system.

DGAP-News: Daldrup & Söhne AG receives order to sink a geothermal well for geothermal power plant in Switzerland

Retrieved on: 
Wednesday, June 23, 2021

Oberhaching / Ascheberg, 23 June 2021 - Drilling technology and geothermal specialist Daldrup & Shne AG (ISIN DE0007830572) has been awarded a contract by a regional Swiss consortium to drill a well to develop a geothermal aquifer in the Rhone Valley.

Key Points: 
  • Oberhaching / Ascheberg, 23 June 2021 - Drilling technology and geothermal specialist Daldrup & Shne AG (ISIN DE0007830572) has been awarded a contract by a regional Swiss consortium to drill a well to develop a geothermal aquifer in the Rhone Valley.
  • Drilling with the Drillmec "DS 20" rig with a hook load of 272 tonnes is scheduled to start in October 2021.
  • Part of the heat is also to be made available to a traditional thermal spa and health resort.
  • Its activities are divided into the business divisions Geothermics, Raw Materials & Exploration, Water Extraction as well as Environment, Development & Services (EDS).

Rod and Tubing Services and Certus Energy Solutions Combine to Form the Premier Provider of Oilfield Tubular Inspection and Integrity Services

Retrieved on: 
Tuesday, June 22, 2021

DALLAS and HOUSTON, June 21, 2021 /PRNewswire-PRWeb/ -- Rod and Tubing Services, LLC ("RTS"), an oilfield leader in tubular and sucker rod inspection and integrity services, asset management, and related data analytics, announced that it completed a merger with Certus Energy Solutions ("Certus"), a premier provider of drill pipe inspection services, tubular thread technologies, and pipe and tool rental solutions.

Key Points: 
  • DALLAS and HOUSTON, June 21, 2021 /PRNewswire-PRWeb/ -- Rod and Tubing Services, LLC ("RTS"), an oilfield leader in tubular and sucker rod inspection and integrity services, asset management, and related data analytics, announced that it completed a merger with Certus Energy Solutions ("Certus"), a premier provider of drill pipe inspection services, tubular thread technologies, and pipe and tool rental solutions.
  • The combined company now offers best-in-class tubular management services across the well lifecycle, including drilling, completion, and production operations.
  • All tubular and sucker rod services will operate under the RTS brand, while pipe and tool rentals will continue operating under the Certus brand.
  • Daniel Williams, CEO of Rod and Tubing Services, said, "I am excited to combine two great, technology-minded organizations to offer customers a single-source solution for tubular and sucker rod lifecycle management.

Ridgeline Minerals Commences Phase II Drill Program at the Carlin-East Gold Project, Nevada

Retrieved on: 
Thursday, June 17, 2021

We view Carlin-East as a rare opportunity for a junior explorer such as Ridgeline to drill an untested target directly on trend of a world-class gold deposit.

Key Points: 
  • We view Carlin-East as a rare opportunity for a junior explorer such as Ridgeline to drill an untested target directly on trend of a world-class gold deposit.
  • Nevada Gold Mines recent discovery at North Leeville further highlights the potential for new discoveries along this underexplored portion of the Leeville Corridor."
  • Figure 1 : Map showing Carlin-East Phase II drill hole locations in relation to North Leeville discovery.
  • The Phase II program will utilize RC pre-collars to depths of 400m followed by deep core tails to ensure drilling reaches target depths of 800 -1,000m.

Benchmark Designs Extensive Drill Program to Expand Existing Resources and Target New Gold-Silver Discoveries

Retrieved on: 
Wednesday, June 16, 2021

The extensive program utilizes a proven methodology with a track record of success (Marmot Zone - see Jan 13th release ).

Key Points: 
  • The extensive program utilizes a proven methodology with a track record of success (Marmot Zone - see Jan 13th release ).
  • Benchmark's flagship Lawyers Gold-Silver Project is road accessible and located within the Golden Horseshoe area of north-central British Columbia, Canada.
  • Our exploration strategy dovetails exceptionally well with resource definition drilling as we continue to generate new drill targets.
  • While many explorers in the Golden Horseshoe are planning 5,000 to 20,000 metre drill programs this year, Benchmark will drill at least 100,000 fully-funded metres."