Resource management

Caledonia Mining Corporation Plc: Mineral Resources and Reserves Update at the Blanket Mine

Retrieved on: 
Monday, February 6, 2023

Mineral Resources and Reserves are stated in the 1300 S-K TRS pursuant to 1300 S-K on an attributable basis (i.e.

Key Points: 
  • Mineral Resources and Reserves are stated in the 1300 S-K TRS pursuant to 1300 S-K on an attributable basis (i.e.
  • 64%, based on the Company’s percentage ownership of Blanket Mine) and Mineral Resources are stated exclusive of Mineral Reserves.
  • Given that under NI 43-101 Mineral Resources and Reserves are stated on a 100% (i.e.
  • non attributable basis) and Mineral Resources are inclusive of Mineral Reserves, the estimates in the 1300 S-K TRS (the “TRS Mineral Resources and Reserves”) as shown in this announcement and to which the new estimates have been compared have also been grossed up to 100% (i.e.

Alamos Gold Reports One of the Best Holes Drilled to Date at Puerto Del Aire (33.40 g/t Au (11.48 g/t cut) over 25.95 m true width), Further Extending High-Grade Gold Mineralization Beyond Mineral Reserves and Resources

Retrieved on: 
Thursday, February 2, 2023

Puerto Del Aire: high-grade gold mineralization extended within 200 metre (“m”) gap between Mineral Reserves and Resources at PDA1 and PDA2 as drilling continues to close the gap between the two zones.

Key Points: 
  • Puerto Del Aire: high-grade gold mineralization extended within 200 metre (“m”) gap between Mineral Reserves and Resources at PDA1 and PDA2 as drilling continues to close the gap between the two zones.
  • This includes the best hole drilled in the 2022 program and one of the best holes drilled to date at PDA (22MUL077).
  • In addition to the Mineral Reserve, Measured and Indicated Mineral Resources totalled 124,000 ounces (0.77 Mt grading 5.05 g/t Au).
  • Surface exploration drilling continues to extend high-grade mineralization beyond existing Mineral Reserves and Resources across multiple mineralized zones within PDA.

Apollo Reports Final Silver Intercepts from the Calico 2022 Drill Program

Retrieved on: 
Wednesday, February 1, 2023

VANCOUVER, British Columbia, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to report further assay results from Phase 2 of the 2022 Drill Program at the Calico Silver Project (“Calico” or the “Project”) located in San Bernardino County, California.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to report further assay results from Phase 2 of the 2022 Drill Program at the Calico Silver Project (“Calico” or the “Project”) located in San Bernardino County, California.
  • The eight drill holes reported below total 574.0 m (1,883 feet) and were completed between October 29, 2022, and November 8, 2022.
  • Apollo is now in possession of all silver assay results from all drill holes that targeted the 2022 Waterloo mineral resource block model.
  • Table 1: Drill hole information for results reported February 1, 2023, for the Calico Project 2022 Drill Program.

Osisko Development Files Technical Report on Initial Mineral Resource Estimate for Trixie, Tintic Project

Retrieved on: 
Tuesday, January 31, 2023

The Trixie MRE is comprised of five zones within the greater Trixie area: T1, T2, T3, T4 and 75-85.

Key Points: 
  • The Trixie MRE is comprised of five zones within the greater Trixie area: T1, T2, T3, T4 and 75-85.
  • No blocks in the T3 meet the cut-off grade used for the Trixie MRE.
  • Mineral resources are not mineral reserves and do not have demonstrated economic viability.
  • The Trixie MRE was completed by Osisko Development's Chief Resource Geologist, Daniel Downton, P.Geo.

Fortuna reports on Yaramoko’s updated reserves and resources evaluation work and its Brownfields exploration program

Retrieved on: 
Friday, January 27, 2023

The Yaramoko Mine is subject to a 10% carried interest held by the government of Burkina Faso.

Key Points: 
  • The Yaramoko Mine is subject to a 10% carried interest held by the government of Burkina Faso.
  • Reasons for the changes are related to geological reinterpretation and upgrading based on the exploration and infill drilling.
  • The aforementioned changes in the Mineral Resources and Mineral Reserves are not material to the Company´s consolidated Mineral Resources and Mineral Reserves.
  • Paul Weedon, Senior Vice President of Exploration at Fortuna, is a member of the Australian Institute of Geoscientists (Membership #6001) and a Qualified Person as defined by NI 43-101.

Liberty Gold Provides Corporate Update

Retrieved on: 
Wednesday, January 25, 2023

VANCOUVER, British Columbia , Jan. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce a corporate update which includes an addition to the Board of Directors (the “Board”), management appointments and a summary of work plans for 2023 at its Black Pine oxide gold project (“Black Pine”) in southeastern Idaho, Goldstrike oxide gold project (“Goldstrike”) in southwestern Utah and TV Tower gold-copper-silver project (“TV Tower”) in western Turkey.

Key Points: 
  • VANCOUVER, British Columbia , Jan. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce a corporate update which includes an addition to the Board of Directors (the “Board”), management appointments and a summary of work plans for 2023 at its Black Pine oxide gold project (“Black Pine”) in southeastern Idaho, Goldstrike oxide gold project (“Goldstrike”) in southwestern Utah and TV Tower gold-copper-silver project (“TV Tower”) in western Turkey.
  • Mr. Shabestari has been with Liberty Gold since its spin-out from Fronteer as Senior Geologist and Vice President, Operations.
  • Moira Smith, Ph.D., P.Geo., has held the role of Vice President, Exploration and Geoscience with Liberty Gold since 2015, and will be transitioning into a new role as Corporate Technical Advisor focusing on technical evaluations and business development opportunities.
  • With a resource update pending at Black Pine, a new drill program already underway, development and de-risking activities planned, and the hope of a renewed gold market on the horizon, I remain committed to advancing Liberty Gold to create shareholder value.”
    Mark O’Dea, Chairman of Liberty Gold, commented, “As Liberty Gold evolves into a development stage company, changes to Liberty Gold’s Board and executive team are a natural part of this transformation.

Imperial Provides Update on 2022 Production and Red Chris Exploration Program

Retrieved on: 
Wednesday, January 25, 2023

Metal production was 1.02 million pounds of copper and 1432 ounces of gold.

Key Points: 
  • Metal production was 1.02 million pounds of copper and 1432 ounces of gold.
  • The 2023 production target for Mount Polley is 30 – 33 million pounds copper and 35-40 thousand ounces gold.
  • Drilling to date has tested a corridor 900 metres long, 250 metres wide and to a vertical extent of 1,000 metres.
  • RC853 drilled on Section 32N (see Figure 25) intercepted 460 metres grading 0.39% copper and 0.21 g/t gold from 942 metres.

Perseus December Quarterly Report

Retrieved on: 
Monday, January 23, 2023

Average quarterly cash margin of US$765 per ounce of gold was in line with the prior quarter’s cash margin of US$766 per ounce.

Key Points: 
  • Average quarterly cash margin of US$765 per ounce of gold was in line with the prior quarter’s cash margin of US$766 per ounce.
  • Perseus published a comprehensive 2022 Sustainable Development Report, detailing its continually improving sustainability performance, during the quarter.
  • The information in this report that relates to Esuajah North Mineral Resources estimate was first reported by the Company in a market announcement “Perseus Updates Resources & Reserves” released on 28 August 2018.
  • The information in this report that relates to AF Gap Mineral Resources and Ore Reserve estimate was first reported by the Company in a market announcement “Perseus Updates Mineral Resources & Ore Reserves” released on 25 August 2020.

B2Gold Reports Total Gold Production for Q4 2022 of 367,870 oz, a Quarterly Record for B2Gold; Total Gold Production for FY 2022 of 1,027,874 oz, at the Upper Half of 2022 Guidance; 2023 Total Gold Production Guidance of 1,000,000 to 1,080,000 oz; Capital

Retrieved on: 
Wednesday, January 18, 2023

The Fekola Complex's total 2023 gold production is anticipated to be similar to 2022.

Key Points: 
  • The Fekola Complex's total 2023 gold production is anticipated to be similar to 2022.
  • Saprolite production from the Bantako permit is expected to contribute approximately 18,000 ounces of gold in 2023 with production levels continuing to ramp-up through 2024.
  • The expected increase in Fekola's AISC for 2023 reflects, predominantly, higher sustaining capital expenditures.
  • For 2023, Masbate is expected to process 7.8 million tonnes of ore at an average grade of 0.96 g/t with a process gold recovery of 74.5%.

Apollo Reports Highest Silver Grades to Date from the Calico Project

Retrieved on: 
Wednesday, January 18, 2023

Results include the thickest, highest grade silver intercept reported to date at Calico: 189 g/t silver (“Ag”) over 140.5 metres (“m”) from surface (114 m estimated true width, hole W22-RC-042).

Key Points: 
  • Results include the thickest, highest grade silver intercept reported to date at Calico: 189 g/t silver (“Ag”) over 140.5 metres (“m”) from surface (114 m estimated true width, hole W22-RC-042).
  • Silver intercepts are reported at a 50 g/t silver cut-off grade (“COG”) with up to 4.5 m dilution and are uncapped.
  • Of the 15 holes reported today, 14 intersected silver mineralization above the MRE cut-off grade (“COG”) of 50 g/t silver.
  • Table 1: Drill hole information for results reported January 18, 2023, for the Calico Project 2022 Drill Program.