Economic geology

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

Retrieved on: 
Monday, July 26, 2021

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

Retrieved on: 
Monday, July 26, 2021

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

Retrieved on: 
Monday, July 26, 2021

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.

West Mining Drills Strong Vein and Stockwork Mineralization on the Starlight Trend of the Daylight Property, BC

Retrieved on: 
Monday, July 26, 2021

Four of eight planned diamond drill holes have now been completed on the Starlight Trend along the western portion of the Daylight Property.

Key Points: 
  • Four of eight planned diamond drill holes have now been completed on the Starlight Trend along the western portion of the Daylight Property.
  • Drill holes on the Starlight trend all intercepted the target structure containing quartz veins and stockwork and sulphide mineralization.
  • We are extremely encouraged by the alterations seen in the Great Western and Starlight drill holes, states Nicholas Houghton, President and CEO of West Mining Corp.
  • The Daylight property contains the historic past producing Daylight, Starlight, Victoria, Irene and Great Eastern gold mines.

Solis Minerals Begins Trading July 21 Under Symbol SLMN

Retrieved on: 
Wednesday, July 21, 2021

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Solis Minerals Ltd. (TSXV: SLMN) ("Solis" or the "Company") is pleased to announce it has begun trading today under the symbol SLMN, as the successor to Westminster Resources Ltd. (old symbol WMR).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Solis Minerals Ltd. (TSXV: SLMN) ("Solis" or the "Company") is pleased to announce it has begun trading today under the symbol SLMN, as the successor to Westminster Resources Ltd. (old symbol WMR).
  • Solis Minerals is a Latin-American focused copper company, exploring the Mostazal copper porphyry project in northern Chile, and the Ilo Norte copper IOCG project and Ilo Este copper porphyry projects in southern Peru.
  • Having recently closed a $2.7 million financing on May 12, 2021, Solis Minerals is well funded for its first field season in Chile and Peru.
  • Jason Cubitt, President and CEO of Solis Minerals noted "The re-naming of Westminster Resources to the new Solis Minerals is another milestone in our history.

Sanatana and ArcWest Sign Option Agreement for the Oweegee Dome Porphyry Copper-Gold Project, Located in BC's Golden Triangle

Retrieved on: 
Wednesday, July 21, 2021

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has entered into an agreement with ArcWest Exploration Ltd. ("ArcWest") (TSXV: AWX) to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project (the "Property" or "Oweegee Dome") in British Columbia's Golden Triangle.

Key Points: 
  • Sanatana has signed an agreement to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project.
  • Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has entered into an agreement with ArcWest Exploration Ltd. ("ArcWest") (TSXV: AWX) to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project (the "Property" or "Oweegee Dome") in British Columbia's Golden Triangle.
  • Peter Miles, CEO of Sanatana commented, "Sanatana welcomes the opportunity to partner with ArcWest to explore the Oweegee Dome project, which is host to one of the largest underexplored porphyry Cu-Au systems in BC's Golden Triangle.
  • The Oweegee Dome project is situated 45 km east of Seabridge Gold Corp's supergiant KSM-Iron Cap porphyry Cu-Au project.

VR confirms REE mineralization at its Hecla-Kilmer copper-gold IOCG breccia target in northern Ontario, and finalizes plans for follow-up drilling in September

Retrieved on: 
Thursday, July 22, 2021

The opportunity for VR is to apply modern IOCG and carbonatite mineral deposit models and exploration technologies to H-K for the first time, ever.

Key Points: 
  • The opportunity for VR is to apply modern IOCG and carbonatite mineral deposit models and exploration technologies to H-K for the first time, ever.
  • A high resolution airborne magnetic survey was completed in the region for diamond exploration in 1993, after the aforementioned drilling.
  • The diverse experience and proven track record of its Board in early-stage exploration, discovery and M&A is the foundation of VR.
  • VR owns its properties outright, and evaluates new opportunities on an ongoing basis, whether by staking or acquisition.

REPEAT: St. James Gold Corp. (TSX-V: LORD) Reports on New Gold Exploration at Grub Line Property, Newfoundland, Canada

Retrieved on: 
Wednesday, July 21, 2021

The initial exploration program currently underway includes regional prospecting and ground-truth verification of historical prospects located on the property.

Key Points: 
  • The initial exploration program currently underway includes regional prospecting and ground-truth verification of historical prospects located on the property.
  • The Grub Line Property covers a package of the Gander River complex of rocks.
  • Listwanites or carbonatized ultramafics that commonly occur in the gander river complex of rocks have been identified as potentially gold-bearing.
  • Similar listwanitic gold quartz veins have formed economic deposits in the metamorphic belts of California and the Juneau Gold belt in Alaska.

Nothing Can Stop Namibia's Incredible Oil Boom

Retrieved on: 
Wednesday, July 21, 2021

Cathey came out saying that, "Nowhere in the world is there a sedimentary basin this deep that does not produce hydrocarbons."

Key Points: 
  • Cathey came out saying that, "Nowhere in the world is there a sedimentary basin this deep that does not produce hydrocarbons."
  • And later this month, the company says casing will be run and cemented to isolate the prospective hydrocarbon bearing zones.
  • None of the companies involved in this operation would be willing to associate themselves with a fraudulent oil exploration play.
  • This is the big time, and it could end up being our last big onshore oil discoveryever.

Nothing Can Stop Namibia's Incredible Oil Boom

Retrieved on: 
Wednesday, July 21, 2021

LONDON, July 21, 2021 /PRNewswire/ -- No oil discovery narrative appears to have captured investor attention this year as much as Reconnaissance Africa's (RECO, RECAF) acquisition of the rights to Namibia's giant, 6.3-million-acre Kavango Basin, which was followed in short order by two confirmations of an active petroleum system.   Mentioned in today's commentary includes:  Schlumberger (NYSE: SLB), Baker Hughes (NYSE: BKR), ConocoPhillips (NYSE: COP), Enbridge Inc. (NYSE: ENB) (TSX: ENB), Canadian Natural Resources (NYSE: CNQ) (TSX: CNQ).

Key Points: 
  • Cathey came out saying that, "Nowhere in the world is there a sedimentary basin this deep that does not produce hydrocarbons."
  • And later this month, the company says casing will be run and cemented to isolate the prospective hydrocarbon bearing zones.
  • None of the companies involved in this operation would be willing to associate themselves with a fraudulent oil exploration play.
  • This is the big time, and it could end up being our last big onshore oil discoveryever.