Gold mining in Alaska

TanGold Introduces New Discovery - Buckreef West Gold Zone Near Surface - Open at Depth & to the South

Retrieved on: 
Monday, May 3, 2021

All assays were performed by Nesch Mintech Laboratory in Mwanza.

Key Points: 
  • All assays were performed by Nesch Mintech Laboratory in Mwanza.
  • Sampling and analytical procedures are subject to a comprehensive quality assurance and quality control program.
  • 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.

Teras Files Amended NI 43-101 Report; 261,000 New Gold Ounces & 2.47 Million New Silver Ounces

Retrieved on: 
Thursday, March 18, 2021

Sells Golden Jubilee in Montana for $550,000USD

Key Points: 
  • Any new discovery will add to the overall resource base and increase the life of a potential mine.
  • Immediate near-term work is primarily advancing a better metallurgical understanding of the gold deposit.
  • Teras filed its original NI 43-101 technical report 2012 with an indicated resource of 1.0 million ounces of gold and 11.9 million ounces of silver on its Cahuilla project (70 million tons at an average grade of 0.015 ounces per ton gold and 0.17 ounces per ton silver with a cut-off of 0.008 ounces per ton gold) and inferred class of 10 million tons grading 0.011 opt gold and 0.10 opt silver.
  • Teras has now updated the mineral resource estimates with the Amended report being filed on March 11, 2021.

Tanzanian Gold Reports Annual Meeting Voting Results

Retrieved on: 
Friday, February 26, 2021

The Plan must be reconfirmed at the Companys annual meeting of shareholders to be held in 2024 and every third annual meeting thereafter or it will expire.

Key Points: 
  • The Plan must be reconfirmed at the Companys annual meeting of shareholders to be held in 2024 and every third annual meeting thereafter or it will expire.
  • 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.
  • Tanzanian Gold Corporation is advancing on three value-creation tracks:
    Strengthening its balance sheet by expanding near-term production to 15,000 - 20,000 oz.

Sandstorm Gold Royalties Announces 2020 Annual Results

Retrieved on: 
Thursday, February 11, 2021

In May 2020, Sandstorm received its first monthly gold delivery from Americas Gold and Silver Corp. under the Relief Canyon stream agreement.

Key Points: 
  • In May 2020, Sandstorm received its first monthly gold delivery from Americas Gold and Silver Corp. under the Relief Canyon stream agreement.
  • Average realized gold price per attributable gold equivalent ounce is calculated by dividing the Companys revenue by the number of attributable gold equivalent ounces sold.
  • Cash operating margin is calculated by subtracting the average cash cost per attributable gold equivalent ounce from the average realized gold price per attributable gold equivalent ounce.
  • These attributable gold equivalent ounces when combined with the gold ounces sold from the Companys gold streams equal total attributable gold equivalent ounces sold and may be subject to change.

Leviathan Gold to Commence Trading with Symbol LVX

Retrieved on: 
Wednesday, February 10, 2021

As previously announced onFebruary 1, 2020, Leviathan has received approval from the TSX Venture Exchange ("TSXV") to list its common shares on the TSXV under the symbol "LVX", with trading to commence on Wednesday, February 10, 2021.

Key Points: 
  • As previously announced onFebruary 1, 2020, Leviathan has received approval from the TSX Venture Exchange ("TSXV") to list its common shares on the TSXV under the symbol "LVX", with trading to commence on Wednesday, February 10, 2021.
  • The Avoca project is centred on mesothermal quartz-vein-hosted gold and related placer-style "deep lead" gold mineralization.
  • The Avoca goldfield produced approximately 750,000 ounces of gold largely from alluvial gold deposits.
  • These include the Leviathan group of mines, with recorded gold production of 56,474 ounces of gold from 189,085 tonnes, equating to a recovered grade of approximately 9.14 g/t gold.

Tanzanian Gold Corporation Announces US$21.4 Million Registered Direct Offering

Retrieved on: 
Tuesday, February 9, 2021

This offering of common stock is being made pursuant to effective shelf registration statements on Form F-3 (File No.

Key Points: 
  • This offering of common stock is being made pursuant to effective shelf registration statements on Form F-3 (File No.
  • Measured and Indicated Mineral Resources now stand at 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 635,540oz.
  • Tanzanian Gold Corporation is advancing on three value-creation tracks:
    Strengthening its balance sheet from expanding near-term production to 15,000 - 20,000 oz.

New Oroperu Announces New Resource Estimates of Leachble Gold at Tres Cruces: 425,000 Ounces of Oxide Resource and 205,000 Ounces of Leachalble Sulfide

Retrieved on: 
Monday, February 1, 2021

To have an impression of a potential contribution by silver, grades were interpolated using a similar technique to that documented for the gold resource.

Key Points: 
  • To have an impression of a potential contribution by silver, grades were interpolated using a similar technique to that documented for the gold resource.
  • Indications are that silver grades are generally low and concentrated mainly in the deeper, sulfide portion of the gold deposit.
  • New Oroperu is a junior exploration company based in Vancouver, B.C., which owns the Tres Cruces gold project in Peru.
  • The Tres Cruces gold project currently hosts a mineral resource estimate of 2.474 million ounces of gold at 1.66 g/t in the Indicated category, which includes 630,000 ounces of leachable gold resources.

Cross River Identifies High-Grade Gold Targets on Dent-Jackson Property, Uchi Belt, NW Ontario

Retrieved on: 
Thursday, January 28, 2021

The property's gold endowment attracted attention as far back as 1927, when the Jackson-Manion Consolidated Mines discovered gold along the eastern margin of the claim block which they mined from 1934 to 1940.

Key Points: 
  • The property's gold endowment attracted attention as far back as 1927, when the Jackson-Manion Consolidated Mines discovered gold along the eastern margin of the claim block which they mined from 1934 to 1940.
  • The mine produced approximately 27,146 ounces of gold and 18,300 ounces of silver at an average grade of 0.258 ounce/ton Au during several years of operation (Parker & Atkinson, 1992).
  • The focus of the mine was gold in quartz veins associated with mafic volcanic rocks.
  • Ontario Woman Lake Gold Mines Ltd, 1929; South Bay Mines, 1970; Condor Precious Metals, 2012) did not adequately test these target areas.

Japan Gold Further Expands Barrick Alliance Projects in Southern Kyushu Following Positive Work Program Results

Retrieved on: 
Tuesday, January 26, 2021

The Hokusatsu Region of Southern Kyushu is Japan's largest gold producing area with low-sulphidation epithermal deposits recording a combined production of over 11 million ounces.

Key Points: 
  • The Hokusatsu Region of Southern Kyushu is Japan's largest gold producing area with low-sulphidation epithermal deposits recording a combined production of over 11 million ounces.
  • On behalf of the Board of Japan Gold Corp.
    Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold exploration across the three largest islands of Japan: Hokkaido, Honshu and Kyushu.
  • The Company has a country-wide alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects.
  • The Company holds a portfolio of 31 gold projects which cover areas with known gold occurrences, a history of mining and are prospective for high-grade epithermal gold mineralization.

Hecla Announces 2020 Production and Cash Position

Retrieved on: 
Wednesday, January 13, 2021

Gold production of 208,962 ounces, expected lower gold production from the Nevada operation decreased production 23% from 2019, which was Heclas highest gold production.

Key Points: 
  • Gold production of 208,962 ounces, expected lower gold production from the Nevada operation decreased production 23% from 2019, which was Heclas highest gold production.
  • The strong performance allowed Hecla to reduce net debt, increase dividends, and double exploration expenditures while more than doubling last years cash position.
  • At the Greens Creek Mine in 2020, 10.5 million ounces of silver and 48,490 ounces of gold were produced.
  • Lucky Friday achieved full production in the fourth quarter with estimated annual production in excess of 3 million ounces of silver in 2021.