Drilling

Aurania Reports That Drilling Has Intersected Sediment-Hosted Copper Mineralization at Tsenken N1

Retrieved on: 
Tuesday, June 15, 2021

Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that drilling has intersected sediment-hosted copper mineralization at Tsenken N1 in the Company's Lost Cities - Cutucu Project ("Project") in southeastern Ecuador.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") reports that drilling has intersected sediment-hosted copper mineralization at Tsenken N1 in the Company's Lost Cities - Cutucu Project ("Project") in southeastern Ecuador.
  • As a result, drilling will continue at the Tsenken N1 target and the second rig is being moved to the Tiria-Shimpia target area.
  • With one drill rig continuing the drilling at Tsenken N1 and the second moving from Kuri-Yawi to Tiria-Shimpia, we will be drilling at both ends of this extensive mineralized system.
  • The three drill holes completed at Tsenken N1 show that sediment-hosted copper increases in intensity towards the east as illustrated in Figure 1.

Clarity Gold and Minerva Intelligence Announce Driver AI Analysis for the Destiny Project

Retrieved on: 
Wednesday, June 9, 2021

The DRIVER analysis will enable our team to further unlock value of this extensive dataset as we continue advancing the Destiny Project, said James Rogers, Claritys CEO.

Key Points: 
  • The DRIVER analysis will enable our team to further unlock value of this extensive dataset as we continue advancing the Destiny Project, said James Rogers, Claritys CEO.
  • This will allow Clarity Gold to precisely target their drilling program, potentially saving hundreds of thousands of dollars with an optimized drill plan.
  • This contract with Clarity is a testament to the effectiveness of our AI technology in the domain of mineral prospecting, said Scott Tillman, CEO of Minerva Intelligence.
  • Clarity is very confident in our DRIVER technology after conducting due diligence on our past projects, and Minerva is looking forward to quickly delivering valuable insights into the Destiny Project drilling data.

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.

Worldwide Auger Drilling Industry to 2025 - Increasing Mining Activities in Asia-Pacific Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, June 4, 2021

The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.

Key Points: 
  • The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Auger Drilling Market during the forecast period?
  • What is the competitive strategic window for opportunities in the Global Auger Drilling Market?
  • What are the modes and strategic moves considered suitable for entering the Global Auger Drilling Market?

Smooth Rock Drills 122 g/t Au over 1.1 Meters at Palmetto

Retrieved on: 
Thursday, June 3, 2021

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.
  • The above drill results align with Smooth Rock's interpreted geological model, based on the Company's compilation of all historical data from previous drilling and exploration programs.
  • Smooth Rock owns a 100% undivided interest in the Palmetto Project which is not subject to any outstanding royalties.
  • Final drill collar locations are surveyed by differential GPS (Global Positioning System) by Mineral Exploration Services, LLC, of Reno NV.

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

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.

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

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.

Arizona Gold Drills 11.8 m of 8.8 g/t Gold Including 53.5 g/t

Retrieved on: 
Tuesday, June 1, 2021

TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- Arizona Gold Corp. (TSX: AZG, OTCQB: AGAUF) (Arizona Gold or the Company) is pleased to announce additional underground drilling results at its 100% owned Copperstone gold project located in Arizona, United States.

Key Points: 
  • TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- Arizona Gold Corp. (TSX: AZG, OTCQB: AGAUF) (Arizona Gold or the Company) is pleased to announce additional underground drilling results at its 100% owned Copperstone gold project located in Arizona, United States.
  • Michael R. Smith, Technical Advisor, stated: We are pleased to announce drill results from our current in-fill delineation core drilling program.
  • Drill Hole AZG-21-P2B-02C is an down angle in-fill hole drilled southwesterly into Stope 2 and intersected mineralization where modelled.
  • Drill Hole AZG-21-P2G-07C is an down angle in-fill hole drilled southwesterly into Stope 23 and intersected mineralization where modelled.