Gold

Canada's History and Diverse Culture Captured on Two New Gold Royal Canadian Mint Masterpieces

Wednesday, January 27, 2021 - 5:48pm

OTTAWA, ON, Jan. 27, 2021 /PRNewswire/ -The Royal Canadian Mint has launched two new gold coins that mark important chapters in Canadian historyand shine a bright light on homegrown innovation.

Key Points: 
  • OTTAWA, ON, Jan. 27, 2021 /PRNewswire/ -The Royal Canadian Mint has launched two new gold coins that mark important chapters in Canadian historyand shine a bright light on homegrown innovation.
  • The mining boom it produced put Canada on the map as a leading gold producer and spurred Yukon's entry into Confederation.
  • It even accelerated the creation of the Royal Canadian Mint's Ottawa facility and its world-class gold refinery.
  • His illustration of a miner's hands holding a gold pan is one of the most enduring symbols of the Gold Rush.

Great Bear Reports 97% Gold Recoveries from Preliminary Dixie Limb Zone Metallurgical Testing

Wednesday, January 27, 2021 - 12:30pm

Metallurgical results to date suggest similar gold recovery processes are applicable to both the Dixie Limb and Hinge zone.

Key Points: 
  • Metallurgical results to date suggest similar gold recovery processes are applicable to both the Dixie Limb and Hinge zone.
  • Metallurgical testing of samples from the LP Fault zone is underway, with results expected periodically over the remainder of 2021.
  • Ten one kilogram samples were analyzed by Blue Coast Research Ltd. of Parksville, British Columbia during these preliminary metallurgical tests.
  • The Dixie Project hosts two principal styles of gold mineralization:
    High-grade gold in quartz veins and silica-sulphide replacement zones (Dixie Limb, Hinge and Arrow zones).

Cabral Gold Samples 0.9m @ 35.3 g/t Gold at the JM Target, Cuiu Cuiu District, Brazil

Wednesday, January 27, 2021 - 1:30pm

An outcropping east-west trending vein structure has been identified in surface reconnaissance work at the JM target located 2.2km NW of the MG gold deposit.

Key Points: 
  • An outcropping east-west trending vein structure has been identified in surface reconnaissance work at the JM target located 2.2km NW of the MG gold deposit.
  • Channel sampling of the new vein structure has returned 0.9m @ 35.3 g/t gold (open)
    Surface grab sampling completed at the JM vein structure during December 2020 returned gold values of 23.7, 42.6, 126.4, 145.8, 162.2 and 700.2 g/t gold.
  • Follow-up drilling is however continuing at the Machichie NE target which is located immediately north of the MG gold deposit."
  • Grab samples taken in December 2020 from the outcropping vein, returned gold values up to 700.2 g/t gold and include 23.7, 42.6, 126.4, 145.8, 162.2 and 700.2 g/t gold.

Golden Independence Intersects 2.21 g/t Gold and 13.2 g/t Silver over 60 Feet at Independence Project

Wednesday, January 27, 2021 - 8:01am

Results from these four reverse circulation (RC) holes include:

Key Points: 
  • Results from these four reverse circulation (RC) holes include:
    "The second set of assay results include a significant 60 foot interval of +2 g/t gold," commented Golden Independence President Tim Henneberry.
  • These results continue to expand the mineralized footprint at Independence and the historic oxide resource," he continued.
  • "This second set of assay results further supports our belief that we will be able to significantly expand the historic oxide resource at the Independence project in the near term," remarked Golden Independence CEO Christos Doulis.
  • "We anticipate receiving assay results from an additional 20 RC holes recently drilled at the Independence project culminating in an NI 43-101 complaint resource for the Independence project at the end of the quarter."

Contact Gold Drills 10.7 g/t Oxide Gold over 4.57 Metres at Bravo Zone

Tuesday, January 26, 2021 - 12:30pm

Contact Gold's 2020 drill program stared at the Echo Zone and has progressed through the Zulu, Charlie, Alpha, Bravo, Delta and Golf Zones.

Key Points: 
  • Contact Gold's 2020 drill program stared at the Echo Zone and has progressed through the Zulu, Charlie, Alpha, Bravo, Delta and Golf Zones.
  • Contact Gold signed a purchase option agreement with Ely Gold Royalties ("Ely Gold") to acquire an undivided 100% interest in Green Springs in July 2019.
  • Contact Gold is an exploration company focused on making district scale gold discoveries in Nevada.
  • Contact Gold's extensive land holdings are on the prolific Carlin and Cortez gold trends which host numerous gold deposits and mines.

Triumph Gold Announces 2020 Drill Results including Near-Surface Gold Discoveries and Extension of the High-Grade Goldstar Vein

Tuesday, January 26, 2021 - 10:00am

The 2020 exploration program was focused on drill testing near-surface gold targets in the Revenue-Nucleus and Mount Freegold areas ( PR20-0 7 ).

Key Points: 
  • The 2020 exploration program was focused on drill testing near-surface gold targets in the Revenue-Nucleus and Mount Freegold areas ( PR20-0 7 ).
  • chip samples that returned up to 366 g/t Au and 106 g/t Ag over 5 metres) and the Goldstar Vein epithermal system.
  • Limited prospecting and trenching between the Goldstar Vein and Irene Zone resulted in significant grab (e.g.
  • Triumph Gold Corp. is a Canadian based, growth-oriented gold exploration and development company with a district scale land package in mining friendly Yukon.

CORRECTION FROM SOURCE: Chakana Copper Intersects 120.4m of 0.51 g/t Au, 0.83% Cu, and 34.6 g/t Ag (1.46% Cu-Eq; 2.23 g/t Au-Eq) from 101.3m at Huancarama, Soledad Project, Peru

Monday, January 25, 2021 - 4:23pm

The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).

Key Points: 
  • The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).
  • Holes SDH20-161 and SDH20-162 were drilled to the northeast from the south side of the breccia complex (Figures 2 and 3).
  • Both holes intersected continuous mineralization across the breccia body previously defined by the first eight holes and an historical tunnel that transects the breccia.
  • A higher-grade zone of 30.0m with 1.44 g/t Au, 2.55% Cu, and 88.2 g/t Ag (6.50 g/t Au-eq) starting at 109.0m depth occurs within this interval.

KORE Mining Completes Spin Out Transaction Creating Karus Gold, A Leading British Columbia Gold Explorer

Monday, January 25, 2021 - 1:50pm

KORE CEO and Karus Gold Director, Scott Trebilcock commented, "Karus Gold is well positioned with a large 1,000 kilometer square land position in the re-emerging Cariboo Gold District of BC.

Key Points: 
  • KORE CEO and Karus Gold Director, Scott Trebilcock commented, "Karus Gold is well positioned with a large 1,000 kilometer square land position in the re-emerging Cariboo Gold District of BC.
  • We are excited to see Karus Gold's assets exposed to the valuation forces of a pure play explorer."
  • Karus Gold controls 1,000 kilometers square of the Cariboo Gold District ("District") in British Columbia.
  • Karus Gold has drill results from 2020 pending and has plans to continue aggressive exploration in 2021.

Chakana Copper Intersects 120.4m of 0.51 g/t Au, 0.83% Cu, and 34.6 g/t Ag (1.46% Cu-Eq; 3.71 G/t Au-Eq) from 101.3m at Huancarama, Soledad Project, Peru

Monday, January 25, 2021 - 11:30am

The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).

Key Points: 
  • The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).
  • Holes SDH20-161 and SDH20-162 were drilled to the northeast from the south side of the breccia complex (Figures 2 and 3).
  • Both holes intersected continuous mineralization across the breccia body previously defined by the first eight holes and an historical tunnel that transects the breccia.
  • A higher-grade zone of 30.0m with 1.44 g/t Au, 2.55% Cu, and 88.2 g/t Ag (6.50 g/t Au-eq) starting at 109.0m depth occurs within this interval.

Conquest Intersects Narrow High Grade Gold Mineralization at Golden Rose, Identifies Numerous Conductive Zones Adjacent to Teck Resources Past-Producing Copperfields Mine

Thursday, January 21, 2021 - 2:34pm

A minimum of two additional exploration holes are planned on the Golden Rose Property in addition to follow up holes in the vicinity of drill hole GR20-04.

Key Points: 
  • A minimum of two additional exploration holes are planned on the Golden Rose Property in addition to follow up holes in the vicinity of drill hole GR20-04.
  • The airborne Geotech VTEM Max electromagnetic and magnetic surveys over the Belfast Copper Project has identified numerous conductive anomalies at depth adjacent and along the same geological corridor of felsic volcanics that hosts Teck Resources' past-producing producing Temagami Copperfields Mine.
  • Assay results have been received for drill holes GR20-02 through to GR20-04, completed on the Golden Rose Mine Site.
  • GR20-03 returned 1.10 g/t Au over 7.85 m, with a highlight of 3.53 g/t Au over 1.00 m (see table below).