Oil well

Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico

Retrieved on: 
Tuesday, June 8, 2021
Construction, Drill, Tools, Oil well, Science and technology, Economy, Economic sectors

Four structures, the San Simon, Fresno, Pendencia and Lindero veins are located immediately to the southeast of the Terronera vein, and the Los Cuates vein is located approximately 10 kilometers to the northwest of the Terronera Project (view Terronera property map here ).

Key Points: 
  • Four structures, the San Simon, Fresno, Pendencia and Lindero veins are located immediately to the southeast of the Terronera vein, and the Los Cuates vein is located approximately 10 kilometers to the northwest of the Terronera Project (view Terronera property map here ).
  • The drill results reported today represent ongoing exploration work at the Terronera Project, with a plan to complete 16,000 metres of drilling by the end of the year.
  • Highlights from each structure include:
    Abbreviations include: gpt: grams per tonne; Au: gold; Ag: silver; ETW: estimated true width; m: metre; HW: hanging wall.
  • The Company has drilled 33 drill holes totalling 9,369 metres on the above regional targets over the past 8 months.

Tudor Gold Expands Diamond Drilling on the Goldstorm Deposit with Four Drill Rigs at Treaty Creek, Northwestern B.C.

Retrieved on: 
Monday, June 7, 2021
Petroleum engineering, Seabridge Gold, Drilling rig, Mining, Oil well, Science and technology, Inventions

Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project, located five kilometres to the southwest.

Key Points: 
  • Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project, located five kilometres to the southwest.
  • Excellent progress has been made during the first two weeks of drilling on the fully funded 30,000 metre, Phase l exploration program (the "Program").
  • We plan to prepare pad sites at other targets such as Perfect Storm (PSZ) and Eureka this month and will bring in two additional diamond drill rigs.
  • We look forward to increasing the pace and performance of this year's Program by expanding the number of drilling rigs at the Treaty Creek property.

Pasofino Gold Firms up on an Extensive Thickened Zone of Mineralisation at Dugbe F and Provides Further Results for the Infill Drilling Program at This Deposit

Retrieved on: 
Monday, June 7, 2021
Oil well, Inventions, Science and technology

It may also reduce the overall stripping ratio for Dugbe F; the top of the mineralised layer within the thickened zone is typically between 40 and 60 m below surface.

Key Points: 
  • It may also reduce the overall stripping ratio for Dugbe F; the top of the mineralised layer within the thickened zone is typically between 40 and 60 m below surface.
  • The infill other holes outside of this thickened zone, continue to demonstrate the good continuity of the deposit and include some very shallow intersections (Table 1).
  • The objective of the infill drilling is upgrading a large portion of the Inferred MRE, the recognition of the thickened zone is an added 'bonus'.
  • Plan view map showing the Dugbe F deposit and drillholes and the thickened zone.

Nighthawk Reports Initial Drill Results From its Phase I 2021 Exploration Program at Grizzly Bear

Retrieved on: 
Monday, June 7, 2021
Fauna of Alaska, Fur trade, Grizzly bear, Scavengers, Musical groups, Oil well, Musicians, Organisms, Grizzly bear, Orex Exploration

Phase I of the 2021 drill program was designed to focus primarily on adding in-pit resources.

Key Points: 
  • Phase I of the 2021 drill program was designed to focus primarily on adding in-pit resources.
  • At Grizzly Bear, all 18 holes targeted the mineralized zone along strike to the north and south.
  • As part of the Phase II drill program at Grizzly Bear, additional infill drilling will focus on testing the near-surface mineralization encountered to the north with the goal of potentially adding to the current resource.
  • Richard Roy, Vice President of Exploration commented, "The Phase I program at Grizzly Bear was designed to test the near-surface extension of this satellite deposit both to the north and south.

Benton Reports Results of Phase II Drilling at Far Lake Copper-Silver Project, Ontario

Retrieved on: 
Friday, June 4, 2021
Oil well, Well, Science and technology, Inventions, Economies

Thunder Bay, Ontario--(Newsfile Corp. - June 4, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") today announces results from the Phase II drilling program at its Far Lake Copper-Silver project located 80 km west of Thunder Bay, Ontario.

Key Points: 
  • Thunder Bay, Ontario--(Newsfile Corp. - June 4, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") today announces results from the Phase II drilling program at its Far Lake Copper-Silver project located 80 km west of Thunder Bay, Ontario.
  • The second phase of drilling at Far Lake totaled 2,696 m and was designed to test new areas associated with surface mineralization as well as various chargeability anomalies outlined by a deep, 3D IP geophysical survey.
  • FL-21-19 was drilled below the discovery zone at depths deeper than the first phase of drilling.
  • Up-to-date copper results from Far Lake drilling are as follows:

Valorem Resources submits drilling permits and provides update for the ongoing 2021 exploration on the Wings Shear Gold property Located in Central Newfoundland

Retrieved on: 
Thursday, June 3, 2021
Economic geology, Oil well, Well drilling, Exploration diamond drilling, Drilling, Science and technology, Economy, Inventions, Petroleum geology

Valorem has planned an initial diamond drilling program of 1000 meters of diamond drilling over 6 holes focusing on the historically trenched and drill-ready Wings Shear gold prospect.

Key Points: 
  • Valorem has planned an initial diamond drilling program of 1000 meters of diamond drilling over 6 holes focusing on the historically trenched and drill-ready Wings Shear gold prospect.
  • The drilling program is set to begin, pending permit approval and drilling contractor availability.
  • Surface sampling has been conducted during the ongoing surface exploration program in 2021, and assays are expected in the near future.
  • The till samples will be processed into heavy-mineral concentrates and examined for gold and other pathfinder indicator minerals by Over Burden Drilling Management.

Precision Drilling Corporation Announces Pricing of Private Offering of US$400,000,000 of Senior Notes Due 2029

Retrieved on: 
Wednesday, June 2, 2021
Drilling rig, Petroleum engineering, Petroleum geology, Oil well, Inventions, Science and technology, Economies

The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee Precisions revolving credit facility and certain other future indebtedness.

Key Points: 
  • The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee Precisions revolving credit facility and certain other future indebtedness.
  • Forward-looking information and statements in this news release include, but are not limited to, the proposed offering of Notes and the use of the net proceeds from the offering.
  • Forward-looking information and statements are based on certain expectations and assumptions made by Precision, including the assumption that the offering will be completed as proposed.
  • Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs.

Kesselrun Discovers Second High-Grade Shoot with Visible Gold on the Fisher Zone

Retrieved on: 
Wednesday, June 2, 2021
Oil well, Inventions, Wesdome Gold Mines, Science and technology, Economies

Average grades are calculated with un-capped gold assays as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts.

Key Points: 
  • Average grades are calculated with un-capped gold assays as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts.
  • Kesselrun Resources' qualified person has not completed sufficient work to confirm the results of the historical resource.
  • Further drilling will be required by Kesselrun Resources to verify the historic estimate as current mineral resources.
  • (2) Moss Lake Gold Mines (currently wholly owned subsidiary of Wesdome Gold) news releases February 20, 2013 and September 9, 2013.

Iconic Files Notice of Intent to Drill at Smith Creek Lithium Project, Nevada

Retrieved on: 
Tuesday, June 1, 2021
Science and technology, Construction, Drill, Tools, Articles, Technology, Well drilling, Oil well, Lithium

The Notice of Intent (NOI) will permit the drilling of 5 RC holes to a depth of 122 meters (400 feet).

Key Points: 
  • The Notice of Intent (NOI) will permit the drilling of 5 RC holes to a depth of 122 meters (400 feet).
  • Previous drilling conducted by the United States Geologic Survey (USGS) for ground water evolution studies noted shallow brines in the drill area, though none were assayed for lithium.
  • The initial drill program covered by the NOI targets 3 distinct potential targets.
  • The Smith Creek Property is located within Smith Creek Valley, which is approximately 60 km (37 miles) long and 16 km (10 miles) wide.

Palladium One Drills 48 Meters @ 2.2 g/t within 116 Meters @ 1.2 g/t Palladium Equivalent at Haukiaho Trend, Finland

Retrieved on: 
Tuesday, June 1, 2021
Oil well, Drilling, Science and technology, Drill, Economy, Economic sectors

The drilling was designed establish sufficient drill density to prepare a National Instrument 43-101 resource estimate at Haukiaho.

Key Points: 
  • The drilling was designed establish sufficient drill density to prepare a National Instrument 43-101 resource estimate at Haukiaho.
  • These latest results also extended the core Haukiaho zone to the east and into a second large IP anomaly that was delineated in 2020.
  • The historic Haukiaho resource is shallowly drilled, mostly above 200m below surface and very amendable to open pit extraction methods.
  • Haukiaho Cross section showing holes LK21-074, and 1960's era Outokumpu hole R614 which was incompletely sampled and was not analysed for PGEs.