Oil well

LATAM Oilfield Chemicals Market to 2026 - Brazil to Dominate the Industry - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 16, 2021

The rise in the deep-water drilling activities is expected to drive the oilfield chemicals market in the future.

Key Points: 
  • The rise in the deep-water drilling activities is expected to drive the oilfield chemicals market in the future.
  • The rise in the deep-water drilling activities is expected to drive the oilfield chemicals market in the future.
  • Moreover, the strong demand for drilling segment in the Latin American market, as well as the new joint ventures and mergers among the existing big players in the market, are expected to engender huge opportunities in the LATAM oilfield chemicals market.
  • Latin America is expected to have a significant share in the oilfield chemicals market, due to the increasing exploration and production activities in Brazil, Mexico, Guyana, and Argentina.

Strikepoint Announces 2021 Drill Programs at the High-Grade Porter Silver and Willoughby Gold Properties

Retrieved on: 
Wednesday, June 16, 2021

StrikePoint's President and CEO, Shawn Khunkhun states, "Our 2021 drilling programs are the most aggressive in the Company's history.

Key Points: 
  • StrikePoint's President and CEO, Shawn Khunkhun states, "Our 2021 drilling programs are the most aggressive in the Company's history.
  • An initial Phase I, 5,000-meter drill program will commence shortly at the Porter Silver Project.
  • Targets include extension to very high-grade silver shoots mined an intersected in historic drill holes at the Prosperity and D-veins.
  • The past-producing high-grade silver Porter Project and the high-grade gold property Willoughby, adjacent to Red Mountain deposit.

GMV Minerals Announces Receipt of Drill Permits and Signs Drill Agreement

Retrieved on: 
Tuesday, June 15, 2021

NASCO Industrial Services and Supply has been engaged to drill up to 9000 feet of diamond drill core on the Company's Mexican Hat gold project.

Key Points: 
  • NASCO Industrial Services and Supply has been engaged to drill up to 9000 feet of diamond drill core on the Company's Mexican Hat gold project.
  • These areas are defined geophysically and possess geochemically anomalous soils that are enriched in gold and gold pathfinder elements.
  • Eight drill holes are designed to test these targets with up to 3,050 m of total drilling.
  • GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona.

Northwest Copper Starts Drilling at Kwanika – Initial 7200 Metre Program

Retrieved on: 
Monday, June 14, 2021

The Kwanika program is expected to include a total of 7200 metres of drilling for 2021.

Key Points: 
  • The Kwanika program is expected to include a total of 7200 metres of drilling for 2021.
  • The first phase of the drill program will target the high-grade portion of the Kwanika deposit, and the second phase of the drill program is planned to test high-priority regional program targets around Kwanika.
  • Two diamond drill rigs are in use and projected to complete the initial program by the end of August.
  • Peter Bell, President & CEO of NorthWest Copper states: We are excited to begin this important initial drill program at Kwanika.

Karus Gold Drills 5.3 Meters of 10.2 g/t Gold and 10 Meters of 5.5 g/t Gold from Upper Zone at FG Gold

Retrieved on: 
Wednesday, June 9, 2021

Results Define a New High-Grade Corridor 100M Down-Dip of Past Drilling

Key Points: 
  • Karus Gold has not been able to determine true width yet due to complexity of the vein structures within the mineralized zones.
  • Drilling data on the Lower Zone is currently limited and the true thickness and orientation of the zone is not firmly known.
  • However, based on current data, it is estimated that intercept represents ~50%-65% of the true thickness of the zone.
  • Karus Gold is 100% owner of the 1,000 km2 South Caribou Gold District that includes the drill-stage FG Gold and Gold Creek projects in British Columbia.

Radisson Exploration Program Set to Begin

Retrieved on: 
Wednesday, June 9, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 9, 2021) - LaSalle Exploration Corp. (TSXV: LSX) ("LaSalle" or the "Company") is pleased to announce that a comprehensive field program including the Company's first drill program is set to begin on its 100% owned Radisson Property located in the Eeyou Istchee - James Bay Territory, Qubec.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 9, 2021) - LaSalle Exploration Corp. (TSXV: LSX) ("LaSalle" or the "Company") is pleased to announce that a comprehensive field program including the Company's first drill program is set to begin on its 100% owned Radisson Property located in the Eeyou Istchee - James Bay Territory, Qubec.
  • These discoveries occur in an area of the Property that had received little exploration prior to LaSalle's work program last fall.
  • In mid-July, the Company will initiate its first drill program on Radisson, that will consist of a minimum of 3,000 metres testing 8-10 prioritized targets including the Goldhawk and Goldfang zones.
  • All contracts related to the drilling program have been executed.

Bonterra Significantly Expands the H15 Zone at Barry; Highlighted by 4.4 g/t Au over 8.0 Metres

Retrieved on: 
Tuesday, June 8, 2021

Specifically, the Barry H15 Zone gold mineralized outline has quadrupled in size since the last National Instrument 43-101 ("NI 43-101") report was filed in 2019 and remains open along strike and at depth (see Figure 4).

Key Points: 
  • Specifically, the Barry H15 Zone gold mineralized outline has quadrupled in size since the last National Instrument 43-101 ("NI 43-101") report was filed in 2019 and remains open along strike and at depth (see Figure 4).
  • The latest drilling results encompass 25 expansion diamond drill holes [12,989 metres ("m")], including seven drill holes that were deepened to test for potential extensions of "H-Series" subparallel zones.
  • Drilling highlights include a wide zone of mineralization in drill hole MB-21-346 that intercepted 4.4 grams-per-tonne gold ("g/t Au") over 8.0 m (see Figures 1 to 4).
  • The Barry deposit has been delineated over 1.4 kilometres along strike and 600 m vertical and remains open for expansion.

Minaurum Resumes Phase II Drilling at Alamos Silver Project

Retrieved on: 
Tuesday, June 8, 2021

Phase II drilling began in July 2020 and 40 holes were drilled before pausing in December 2020 due to the COVID-19 pandemic in the region.

Key Points: 
  • Phase II drilling began in July 2020 and 40 holes were drilled before pausing in December 2020 due to the COVID-19 pandemic in the region.
  • With Covid cases dropping, Minaurum has begun mobilizing rigs to the project and anticipates drilling at least a further 15,000 metres.
  • Minaurum is also continuing reconnaissance work to the south and west in the Alamos project to develop new target veins for later drilling.
  • Table 1 summarizes some of the high-grade intercepts from initial Phase II drilling to be offset first (see Minaurum news releases dated September 24 and October 13, 2020; and February 9, 2021).

Mandalay Resources Extends the Newly Discovered Shepherd Zone and Provides Update on the Costerfield Mineral System

Retrieved on: 
Tuesday, June 8, 2021

TORONTO, June 08, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the newly discovered Shepherd Zone at its Costerfield Operation in Victoria, Australia.

Key Points: 
  • TORONTO, June 08, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the newly discovered Shepherd Zone at its Costerfield Operation in Victoria, Australia.
  • During the near-term, additional underground exploration drill platforms will be developed allowing for optimum drill intercept angle, which will slow the drill rates into the Shepherd Zone.
  • Since Mandalays last release on the Shepherd Zone drilling (April 26, 2021), drilling rates have been increased with a total of four underground drill rigs operating on the program.
  • The factors identified above are not intended to represent a complete list of the factors that could affect Mandalay.

Calibre Mining Intercepts 13.83 g/t Gold Over 4.4 Metres, 11.37 g/t Gold Over 5.4 metres and 16.78 g/t Gold Over 2.8 Metres Within 10 Kilometres of the Libertad Mill

Retrieved on: 
Tuesday, June 8, 2021

At Rosario, step-out drilling is testing the potential to extend the current gold resource another 200 metres along strike to the southwest.

Key Points: 
  • At Rosario, step-out drilling is testing the potential to extend the current gold resource another 200 metres along strike to the southwest.
  • Currently three rigs are operating at Libertad plus one at the Amalia satellite concession located 35 kilometres away.
  • Currently we have one drill operating at Borosi and plan to add a second drill within the coming weeks.
  • Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua.