Economic geology

Liberty Gold Reports Q1 2021 Financial and Operating Results

Thursday, May 13, 2021 - 11:56pm

There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.

Key Points: 
  • There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.
  • United States investors are cautioned not to assume that all or any part of measured or indicated resources will ever be converted into reserves.
  • It cannot be assumed that all or any part of the inferred resources will ever be upgraded to a higher resource category.
  • Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility, pre-feasibility or other technical reports or studies, except in rare cases.

Bravada Begins In-fill and Exploration Drilling at the Wind Mountain Gold/Silver Project, Nevada; Updated Resource/PEA Planned Q1 2022

Thursday, May 13, 2021 - 8:27pm

These are the Qualified Persons of the technical report for the purpose of Canadian NI 43-101, Standards of Disclosure for Economic Analyses of Mineral Projects.

Key Points: 
  • These are the Qualified Persons of the technical report for the purpose of Canadian NI 43-101, Standards of Disclosure for Economic Analyses of Mineral Projects.
  • Details of the PEA produced by Mine Development Associates (MDA) of Reno can be found on SEDAR, as previously reported (see NR-07-12 dated May 1, 2012).
  • Bravada has successfully identified and advanced properties with the potential to host high-margin deposits while successfully attracting partners to fund later stages of project development.
  • Bravada currently has 10 projects in its portfolio, consisting of 810 claims for approximately 6,500 ha in two of Nevada's most prolific gold trends.

KinerjaPay Corp. Received Payment from Its First Shipment of Steam Coal

Thursday, May 13, 2021 - 4:00pm

KinerjaPay Indonesia, to include mineral and commodity trading such as coal and other general commodities, today announced that the Company has received its payment from the first shipment of steam coal bound to China.

Key Points: 
  • KinerjaPay Indonesia, to include mineral and commodity trading such as coal and other general commodities, today announced that the Company has received its payment from the first shipment of steam coal bound to China.
  • However due to the week-long holiday, the Company has requested the loading commencement schedule to be postponed to until May 25th 2021.
  • The Company is confident that the business of coal shipment will continue to be the main revenue stream as the demand for coal in China is increasing rapidly.
  • Based inIndonesia, the Company provides an easy and convenient payment solution while shopping online at its marketplace platform.

Dynacor Announces April Sales of US$12.5 Million (C$15.6 Million) and Cumulative 2021 Sales of US$53.4 Million (C$67.4 Million)

Thursday, May 13, 2021 - 12:30pm

b'MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the "Corporation"), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced total sales of US$12.5 million (unaudited) (C$15.6 million) for April 2021 and cumulative 2021 sales of US$53.4 million (unaudited) (C$67.4 million) at April 30, 2021.\nOn February 18, 2021 (see news release), Dynacor published its annual financial guidance, including sales of $US150 million (C$191 million) at an average US$1850 per ounce gold price.

Key Points: 
  • b'MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the "Corporation"), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced total sales of US$12.5 million (unaudited) (C$15.6 million) for April 2021 and cumulative 2021 sales of US$53.4 million (unaudited) (C$67.4 million) at April 30, 2021.\nOn February 18, 2021 (see news release), Dynacor published its annual financial guidance, including sales of $US150 million (C$191 million) at an average US$1850 per ounce gold price.
  • The corporation is engaged in gold production through the processing of ore purchased from the ASM (artisanal and small-scale mining) industry.
  • At present, Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.
  • These statements reflect management\xe2\x80\x99s current expectations regarding future events and operating performance as of the date of this news release.\n'

Tanzanian Gold Corporation to Participate in Fireside Chat with Alliance Global Partners on Thursday, May 13th, 2021 at 10am EDT

Wednesday, May 12, 2021 - 10:50pm

Measured Mineral Resource now stands at 19.98MT at 1.99g/t gold containing 1,281,161 ounces of gold and Indicated Mineral Resource now stand at 15.89MT at 1.48g/t gold containing 755,119 ounces of gold for a combined tonnage of 35.88MT at 1.77g/t gold containing 2,036,280 ounces of gold.

Key Points: 
  • Measured Mineral Resource now stands at 19.98MT at 1.99g/t gold containing 1,281,161 ounces of gold and Indicated Mineral Resource now stand at 15.89MT at 1.48g/t gold containing 755,119 ounces of gold for a combined tonnage of 35.88MT at 1.77g/t gold containing 2,036,280 ounces of gold.
  • The Buckreef Project also contains an Inferred Mineral Resource of 17.8MT at 1.11g/t gold for contained gold of 635,540 ounces of gold.
  • The Company is actively investigating and assessing multiple exploration targets on its property.
  • You can review and obtain copies of these filings from the SEC's website at http://www.sec.gov/edgar.shtml\nThis press release contains certain forward-looking statements as defined in the applicable securities laws.

Apollo Signs Definitive Acquisition Agreement to Create Significant US Pure Silver Exploration and Development Company

Wednesday, May 12, 2021 - 4:08pm

The reader is cautioned not to treat them, or any part of them, as current mineral resources or reserves.

Key Points: 
  • The reader is cautioned not to treat them, or any part of them, as current mineral resources or reserves.
  • There is insufficient information available to properly assess the data quality, estimation parameters and standards by which the estimates were categorized.
  • The historical resources have been included simply to demonstrate the mineral potential of the projects.
  • His final role was Vice President of Early-Stage Exploration, with global responsibility for all early-stage exploration across their commodity groups.\nMr.

Grande Portage Resources Announces Updated Resource Estimate for Its Herbert Gold Project- 97% Increase for the Indicated Gold Category and 29% Increase for the Inferred Gold Category

Wednesday, May 12, 2021 - 2:57pm

There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves.

Key Points: 
  • There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves.
  • Tags were reserved and removed from the sequence in the boxes at this point and blanks and standards were inserted.
  • Blocks within 60 m of composites are considered Indicated Mineral Resources and blocks between 60 and 100 m are considered Inferred Mineral Resource.
  • The project lies prominently within the 160km long Juneau Gold Belt, which has produced nearly seven million ounces of gold.\n"

Altamira Gold Sees Additional Exercise of Warrants Bringing Company's Treasury to $6.1M Enabling an Aggressive 2021 Exploration Program

Wednesday, May 12, 2021 - 1:30pm

Ground IP Geophysical Program in progress at the Mutum Target, Apiacas Project

Key Points: 
  • The Company\'s current treasury stands at approximately $6.1 million, sufficient to undertake its aggressive 2021 exploration program.\nMichael Bennett, President & CEO commented, "These additional funds allow us to aggressively explore our 3 main projects and continue to advance our growth strategy.
  • "\nAs previously disclosed in the news release dated May 5th, 2021, officers and directors of the Company exercised a total of 1,072,800 warrants for proceeds of $160,920.
  • Recent exploration has also identified four high-grade vein structures with channel samples returning values up to 3m @ 10.39 g/t gold.
  • The Company holds 8 projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold.

Camino Identifies New Polymetallic Silver Mineralization and New Veins at Plata Dorada with up to 1,565 g/t Ag, 0.67 g/t Au, 1.19% Cu, 32% Zn, and 18.25% Pb; Increases Mineral Claims to 5,500 Hectares

Wednesday, May 12, 2021 - 2:00pm

The individual polymetallic veins have been mapped with strike lengths up to 5 m, before disappearing under shallow cover.

Key Points: 
  • The individual polymetallic veins have been mapped with strike lengths up to 5 m, before disappearing under shallow cover.
  • A summary of identified significant vein and channel sample results is shown in Figure 1 and Table 1.\nPhoto 1.
  • During our recent prospecting efforts, we have also identified a polymetallic system with silver, copper, gold, lead, and zinc in vetiform structures.
  • There are 18th century records of colonial mining activities at several locations within 50 kilometers of Plata Dorada.

Surge Copper Announces 2021 Exploration Plans

Wednesday, May 12, 2021 - 1:28pm

"\nScheduling and preparations are currently underway to conduct the ZTEM survey in the early part of the summer.

Key Points: 
  • "\nScheduling and preparations are currently underway to conduct the ZTEM survey in the early part of the summer.
  • Combined with the systematic regional exploration activity taking place during the summer program, Surge expects to have significantly advanced the mineral resources and understanding of the regional potential on this large land package.\nDr.
  • Berg is a large, advanced stage exploration project located 28 km northwest of the Ootsa deposits.
  • Berg contains pit constrained 43-101 compliant resources of copper, molybdenum, and silver in the Measured and Indicated categories.