Economic geology

St. James Gold Corp. (TSX-V: LORD) Commences Diamond Drill Program at Florin Project, Yukon Territory, Canada

Wednesday, July 28, 2021 - 12:00pm

Vancouver, July 28, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3), St. James Gold Corp. (the Company) is pleased to announce that diamond drilling has commenced at the road- accessible, Florin Gold Project located in Mayo District, Yukon Territory, Canada (the Florin Gold Project Figure 1).

Key Points: 
  • Vancouver, July 28, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3), St. James Gold Corp. (the Company) is pleased to announce that diamond drilling has commenced at the road- accessible, Florin Gold Project located in Mayo District, Yukon Territory, Canada (the Florin Gold Project Figure 1).
  • Later in the program, it is intended to drill the treadwell anomaly that sits southeast of the inferred resource and which historically returned gold in soil assay results up to 500ppb gold (Figure 3).
  • This high grade interval is significant since the structure it samples dips conversely to the interpreted overall dip of other veins in the Florin Gold Project intrusion.
  • This suggests that the resource figure may be improved by drilling further holes parallel to the azimuth of DDH ICE28.

Colibri's Option Partner Drills 15.3 Metres of 1.1 G/t Gold in New 4-trench Extension and Defines New Mineralized Trend at Pilar

Tuesday, July 27, 2021 - 2:11pm

Gold equivalent ("AuEq") is calculated using metal prices of $1,700/oz gold and $18/oz silver.

Key Points: 
  • Gold equivalent ("AuEq") is calculated using metal prices of $1,700/oz gold and $18/oz silver.
  • The Pilar Gold-Silver property is interpreted as a structurally controlled low-sulphidation epithermal project hosted in andesite rocks.
  • Structural features and zones of mineralization within the structures follow an overall NW-SE trend of mineralization.
  • Recent Surface exploration has defined three new target areas: Triple Vein Zone, SE Vein Zone and 4 Trench Extension.

Buenaventura Announces Second Quarter 2021 Production and Volume Sold Per Metal Results

Tuesday, July 27, 2021 - 11:08pm

Above 2021 projections are considered forward-looking statements and represent managements good faith estimates or expectations of future production results as of July 2021.

Key Points: 
  • Above 2021 projections are considered forward-looking statements and represent managements good faith estimates or expectations of future production results as of July 2021.
  • 2Q21 gold production was aligned with expected mine ramp-up for 2021 and was favorably impacted by more stable operations at Tambomayos processing plant.
  • 2021 gold production guidance remains unchanged.
  • 2Q21 gold production progressed slightly below the planned ramp-up due to less ore treated during the quarter resulting from Covid-19 related personnel restrictions.

Eterneva Announces $10 Million Series A to Further Invest in Diamond Journey Experience

Tuesday, July 27, 2021 - 9:24pm

Consumer technology pioneer Eterneva announced the end of a brand new oversubscribed $10 Million Series A funding round this week.

Key Points: 
  • Consumer technology pioneer Eterneva announced the end of a brand new oversubscribed $10 Million Series A funding round this week.
  • Eterneva families have already remarked that Eterneva's diamond process helps them transform acute grief into acceptance, and mourning into a celebration of life."
  • Eterneva also plans to use the funds from this round to continue pushing the diamond journey experience forward, including funeral home and pet aftercare channel programs going nationwide.
  • Beyond providing a beautiful way to memorialize, Eterneva provides a participatory experience around the diamond creation journey - designed to bring grievers brightness and healing.

Kuya Silver Intersects 1.20 m of 1,127 g/t Silver Equivalent (Including 0.45 m of 2,574 g/t Ag eq) and 2.60 Metres Of 995 g/t Silver Equivalent (Including 0.40 Metres Of 4,973 g/t Ag eq) in Initial Bethania Drill Program

Monday, July 26, 2021 - 2:23pm

Some key observations of the phase 1, 5000-metre drill program include:

Key Points: 
  • Some key observations of the phase 1, 5000-metre drill program include:
    Mineralization intersected below lowest mine workings, confirming the Bethania vein system remains open at depth.
  • Locally thicker intersections of mineralization than expected, up to 6.72 m of 223 g/t Ag eq in BDH-33 on the Espaola Vein (including 0.45 m of 1,304 g/t).
  • While historical mining focused on only six veins, Kuya's phase 1 drill program identified 20 distinct mineralized veins in the immediate Bethania mine area.
  • See Figure 1 plan view map of drill trace intersection of existing and newly discovered veins at Bethania.

Sixty North Gold Announces Discovery of Bulk-Minable Gold Mineralization on Hangstone Claims

Monday, July 26, 2021 - 2:00pm

Vancouver, British Columbia--(Newsfile Corp. - July 26, 2021) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 26, 2021) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold").
  • Sixty North Gold has identified a prospective bulk-minable gold target on its optioned Hangstone claims during initial field investigations this month.
  • Crews in camp during startup of the Mon A-Zone underground mining examined targets identified by the Hangstone vendor at Narrow Lake.
  • The newly discovered zone has significant similarities to the Clan Lake Zone located on the adjacent claims owned by GoldMining Inc.

Radisson Drilling Program Commences - Field Work Ongoing

Monday, July 26, 2021 - 12:55pm

The drilling program will begin on the Goldhawk and Goldfang zones, both of which occur within an extensive kilometric scale gold in bedrock structural corridor.

Key Points: 
  • The drilling program will begin on the Goldhawk and Goldfang zones, both of which occur within an extensive kilometric scale gold in bedrock structural corridor.
  • The Goldhawk and Goldfang Zones were discovered by prospecting late in the 2020 field season.
  • At Goldhawk, follow-up work defined the shear zone within strongly sheared diorite over a strike length of 500 metres and remains open.
  • This trend corresponds to a geophysical chargeability anomaly on the north edge of a magnetic high consistent with the overall structural corridor.

Maritime Resources Intersects 39.98 gpt Gold over 2.05 Metres at Hammerdown, Including 140.16 gpt Au over 0.20 Metres

Monday, July 26, 2021 - 11:00am

In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Larry Pilgrim, P.Geo.

Key Points: 
  • In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Larry Pilgrim, P.Geo.
  • Exploration Manager, is the Qualified Person for the Company and has reviewed and approved the technical and scientific content of this news release.
  • Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 - Continuous Disclosure Obligations.
  • Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects", "intends", "indicates" "plans" and similar expressions.

ArcPacific Completes First Ever Trenching at Blackdome

Monday, July 26, 2021 - 2:01pm

Trenching at the Stibnite Zone discovered new veins in outcrop that have now been exposed over 35 meters and show epithermal characteristics including banding, cockscomb and vuggy textures.

Key Points: 
  • Trenching at the Stibnite Zone discovered new veins in outcrop that have now been exposed over 35 meters and show epithermal characteristics including banding, cockscomb and vuggy textures.
  • The newly identified quartz veins strike in a northeast direction, are steeply dipping and are individually up to 60 centimeters wide.
  • Trenching at the West Zone also successfully exposed epithermal quartz veining over an additional 10 meters from an outcrop occurrence historically containing 4.59 g/t gold from selective grab sample.
  • Samples taken from these zones were predominantly quartz and quartz carbonate vein material visually containing up to 1% fine grained pyrite+/-arsenopyrite+/-chalcopyrite.

Southern Silver Receives Technical Approvals for a Drill Program to Test Several Copper Targets at the Oro Project, New Mexico

Monday, July 26, 2021 - 2:30pm

The property covers a large, zoned Laramide-age mineralizing system containing a number of highly prospective, district-scale, copper-molybdenum and distal sediment-hosted, oxide-gold targets.

Key Points: 
  • The property covers a large, zoned Laramide-age mineralizing system containing a number of highly prospective, district-scale, copper-molybdenum and distal sediment-hosted, oxide-gold targets.
  • Targeting was based upon 3D modelling of data generated by geologic mapping, historic drill holes, geochemical zoning studies, alteration clay studies, and geophysical surveys.
  • The property portfolio also includes the 100% owned Oro porphyry copper-gold project located in southern New Mexico, USA.
  • The Oro claim package covers a large zoned Laramide-age mineralizing system containing a number of highly prospective, drill -ready porphyry/skarn and distal gold targets.