Uranium

Torex Gold Delivers Record Annual Production in 2022

Retrieved on: 
Thursday, January 12, 2023

Final operating results (including tonnes mined and processed, gold grades processed and gold recoveries), will be reported with the year-end financial results.

Key Points: 
  • Final operating results (including tonnes mined and processed, gold grades processed and gold recoveries), will be reported with the year-end financial results.
  • Jody Kuzenko, President & CEO of Torex, stated:
    “We delivered an outstanding year operationally in 2022, surpassing production guidance and achieving record gold production of 474,000 ounces.
  • Our excellent operational performance this year included record annual throughput in the mill of 12,600 tonnes per day (“tpd”) and record annual contribution from the ELG Underground.
  • This consistent performance has enabled Torex to achieve annual production guidance for the fourth year in a row.

Osisko Development Files Technical Report For The Cariboo Gold Project

Retrieved on: 
Wednesday, January 11, 2023

MONTREAL, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that the Company has filed a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project"), titled "Feasibility Study for the Cariboo Gold Project, District of Well, British Columbia, Canada" (the "Technical Report") and dated January 10, 2023 (with an effective date of December 30, 2022).

Key Points: 
  • MONTREAL, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that the Company has filed a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project"), titled "Feasibility Study for the Cariboo Gold Project, District of Well, British Columbia, Canada" (the "Technical Report") and dated January 10, 2023 (with an effective date of December 30, 2022).
  • The Technical Report was prepared and compiled for Osisko Development by independent representatives of BBA Engineering Ltd. and supported by independent consulting firms, including InnovExplo Inc., SRK Consulting (Canada) Inc., Golder Associates Ltd. (amalgamated with WSP Canada Inc. on January 1, 2023, to form WSP Canada Inc.), WSP USA Inc., Falkirk Environmental Consultants Ltd., Klohn Crippen Berger Ltd., KCC Geoconsulting Inc., and JDS Energy & Mining Inc., each of whom is a "qualified person" (within the meaning of NI 43-101), as reported in the Company's news release dated January 3, 2023.
  • The Technical Report supersedes the prior technical report on the Project dated May 24, 2022.

Barrick Broadens Copper Base in Saudi Arabia

Retrieved on: 
Wednesday, January 11, 2023

RIYADH, Saudi Arabia, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today signed new joint venture agreements with Ma’aden for two prospective exploration projects comprising the Jabal Sayid South and Umm Ad Damar license areas.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today signed new joint venture agreements with Ma’aden for two prospective exploration projects comprising the Jabal Sayid South and Umm Ad Damar license areas.
  • These new prospective joint ventures significantly expand Barrick’s exploration footprint in Saudi Arabia, grow the Ma’aden Barrick partnership and open up potential synergies with the neighboring Jabal Sayid mine, an already successful 50/50 joint venture between Barrick and Ma’aden.
  • Speaking at the signing ceremony, Barrick president and chief executive Mark Bristow said the company would bring its record of exploration and operational success to the new projects.
  • “Recent high-grade intercepts from underground drilling within the existing Jabal Sayid mine are demonstrating potential for further orebody extensions.

OROCO CONTINUES NORTH ZONE SUCCESS

Retrieved on: 
Wednesday, January 11, 2023

The strike length of the North Zone now spans approximately 1,600 m.  To view an interactive 3D model that includes the North Zone results announced today, use the following link: https://vrify.com or visit Oroco's website: www.orocoresourcecorp.com.

Key Points: 
  • The strike length of the North Zone now spans approximately 1,600 m.  To view an interactive 3D model that includes the North Zone results announced today, use the following link: https://vrify.com or visit Oroco's website: www.orocoresourcecorp.com.
  • Richard Lock, Oroco’s CEO, commented: “We are very pleased with the results of the first 43 drill holes of our 2021-2022 North Zone drill program.
  • Drill holes N041, N042 and N043 continued testing the southern end of the North Zone as the Company continued its efforts to confirm shallow-seated higher-grade mineralization at the southern end of the North Zone and to define its southern extent.
  • Assay results and cross-sections through the first forty-three North Zone drill holes (21,379 m of drilling), the first seven Brasiles Zone drill holes (5,116 m) and the first three South Zone drill holes (2,054 m) are available at the Company’s website.

Prime Drills Multiple Wide, High-Grade Intercepts in Z-T Area Including Bonanza-Grade Intervals

Retrieved on: 
Wednesday, January 11, 2023

In addition to the significant intercepts shown above, Prime has released the full current assay table for the Z-T area (Link 2 above).

Key Points: 
  • In addition to the significant intercepts shown above, Prime has released the full current assay table for the Z-T area (Link 2 above).
  • Included in these results are intersections of various structures, including previous underground workings.
  • Highlights and significant intercepts shown above only include what has been interpreted as in-situ material, and do not include any assayed backfill material.
  • After logging intervals are identified to be sampled and split, and one half is submitted for assay.

Osisko Development Extends T2 Mineralization 55 Meters Down Dip at Trixie, Tintic Project

Retrieved on: 
Wednesday, January 11, 2023

MONTREAL, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce drilling and underground chip sampling results from new development areas as part of its ongoing exploration program at its 100%-owned Trixie test mine ("Trixie"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A.

Key Points: 
  • Assay highlights include underground chip samples from 114 new development faces at Trixie.
  • With additional information, holes were planned at a shallower dip and to the west along strike of the T2 area.
  • Underground drilling focused around the 625 level at Trixie, drilling along strike, up dip and down dip of the T2 and T4 mineralization.
  • Figure 4 illustrates sampling results and Figure 5 is a cross section of the T2 and T4 showing highlighted intercepts from select holes.

Terra Balcanica Extends Footprint of Shallow Polymetallic Cumavici Vein At Viogor-Zanik Project in Bosnia-Herzegovina

Retrieved on: 
Wednesday, January 11, 2023

Terra Balcanica CEO, Dr. Aleksandar Mišković, commented: “The 2022 maiden drill program at Cumavici Ridge has been encouraging in confirming the hypothesis of identifying a shallow, high-grade polymetallic, epithermal vein-hosted mineralized system, while also confirming its down-dip and along-strike continuity.

Key Points: 
  • Terra Balcanica CEO, Dr. Aleksandar Mišković, commented: “The 2022 maiden drill program at Cumavici Ridge has been encouraging in confirming the hypothesis of identifying a shallow, high-grade polymetallic, epithermal vein-hosted mineralized system, while also confirming its down-dip and along-strike continuity.
  • It is very exciting to see the Cumavici Ridge target entirely open along strike allowing for continued step out and infill drilling.
  • Future drilling efforts will test the continuity of the 7.2 km long Cumavici polymetallic vein system along strike towards the northwest and southeast.
  • Additionally, the Company completed drilling at the Brezani skarn/porphyry target which is located over 12 km to the southeast from Cumavici (see Figure 1).

Bingo Main Gold Discovery 550 Meters x 175 Meters Remains Open - Drill Ready - Golden Triangle BC

Retrieved on: 
Tuesday, January 10, 2023

VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report results from the 2022 field program on its 100% controlled Bingo property located within the Eskay Rift region of the Golden Triangle, British Columbia. Grab samples assaying up to 7.39 gpt Au were collected along the Bingo Main Zone which was extended from 320 m by 175 m to 550 m by 175 m (see map). This season’s surface grab and soil sampling, ground magnetic survey, and drone survey together with the historic data compiled by the geologic team strongly indicate the presence of an extensive gold-mineralizing system on the Bingo property that is drill ready and remains open. The Company is planning an inaugural drill program in 2023 comprising up to 2000 m of drilling from up to 4 pads.

Key Points: 
  • The Bingo Main Zone is a drill ready zone containing gold mineralized grab, chip and channel samples over an area of 550 metres x 175 metres.
  • One-hundred forty-two (142) channel, chip, and grab samples were collected from the Main Zone and of these, 110 samples (77 %) contained gold mineralization.
  • Both properties are within the Eskay Rift known to be a fertile area for mineral deposits in the Golden Triangle.
  • The Metallica zone is drill ready and fully permitted, and the Company is planning a maiden drill program for 2023.

Turmalina Announces Multiple Drill Results From Chanape

Retrieved on: 
Tuesday, January 10, 2023

VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX, 3RI-FSE) is pleased to report the final results from the 2022 diamond drilling program at the Chanape project (“Chanape” or the “Project”), located 87km east of Lima, Peru.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX, 3RI-FSE) is pleased to report the final results from the 2022 diamond drilling program at the Chanape project (“Chanape” or the “Project”), located 87km east of Lima, Peru.
  • This first phase of drilling has delivered multiple high-grade results from multiple breccia targets and will be used to guide additional drilling in an upcoming Phase 2 in 2023.
  • The Chanape project is characterised by multiple tourmaline gold-silver-copper (Au-Ag-Cu) breccia pipes, with over fifty identified to date.
  • “The final results from the Chanape 2022 program have continued to deliver high grade intercepts across multiple mineralised breccias.

Integra Announces Oxide Drill Results: 0.52 G/T Gold Equivalent Over 102 M and 0.97 G/T Gold Equivalent Over 24 M From Delamar Stockpile Drill Program, 1.38 G/T Gold Equivalent Over 67 M in Metallurgical Drilling

Retrieved on: 
Tuesday, January 10, 2023

Drill results from DeLamar stockpile drill program include:

Key Points: 
  • Drill results from DeLamar stockpile drill program include:
    The Company also announces drill results from metallurgical drill holes at DeLamar, including:
    The 11,000 m stockpile drill program at DeLamar continues to meet or exceed expectations in regard to grade and intercept.
  • To date, the Company has tested the North DeLamar backfill, Stockpile 1 and Stockpile 2.
  • In total the Company has drilled 3,980 m in 86 drill holes as part of this drill program.
  • The drill results announced today are from a metallurgical drill program at DeLamar as well as 24 additional drill holes from the 11,000 m stockpile drill program at the Project.