Porphyry

Southern Silver Receives Technical Approvals for a Drill Program to Test Several Copper Targets at the Oro Project, New Mexico

Monday, July 26, 2021 - 2:30pm

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.

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

Wednesday, July 21, 2021 - 4:11pm

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.

EnGold Pauses Drilling Due to Fire Risk, Awaits Assays from Lac La Hache

Friday, July 16, 2021 - 2:30pm

"With fires raging in the region, EnGold has placed safety first and paused its drill program until at least the end of July," said EnGold CEO David H. Brett.

Key Points: 
  • "With fires raging in the region, EnGold has placed safety first and paused its drill program until at least the end of July," said EnGold CEO David H. Brett.
  • "Management will reassess the fire hazard conditions in August and will update investors on the outlook at that time."
  • At the time of shutdown, drilling was underway at the Road Gold hydrothermal breccia, gold-copper-silver target discovered in fall, 2020.
  • EnGold ( www.engold.ca ) is focused on exploring the district-scale alkalic copper-gold porphyry system located on its 100% owned property located near the town of Lac La Hache in BC's prolific Cariboo mining region, home to world-class porphyry deposits.

C3 Metals Acquires 100% of Flagship Jasperoide Copper-Gold Project, Peru

Thursday, July 15, 2021 - 11:53am

The Company's flagship project is the 57km2 Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru.

Key Points: 
  • The Company's flagship project is the 57km2 Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru.
  • Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore).
  • is Vice President Exploration and a Director for C3 Metals and is a Qualified Person as defined by National Instrument 43-101.
  • [1] The Jasperoide Project comprises 13 mineral concessions, Jasperoide 4 through 11 that are owned 100% by C3 Peru through its prior purchase in February 2020, Jasperoide 1 through 3 through the Hochschild acquisition, and Gretiam 10 and 70 mineral concessions (the "La Bruja Tenements") that C3 Peru has the right to earn 100% through cash payments and exploration expenditures.

ATEX Defines Opportunity to Extend Porphyry Mineralization Closer to Surface at Its Valeriano Copper Gold Project

Wednesday, July 14, 2021 - 10:49pm

In addition to the Copper Gold Porphyry Deposit, Valeriano also hosts the near surface Gold Oxide Deposit and the newly discovered GBV gold zone (July 6, 2021 ATEX press release).

Key Points: 
  • In addition to the Copper Gold Porphyry Deposit, Valeriano also hosts the near surface Gold Oxide Deposit and the newly discovered GBV gold zone (July 6, 2021 ATEX press release).
  • "This new area provides a significant exploration opportunity and, during the upcoming drill season, represents a high priority target for the expansion of the Valeriano Copper Gold Porphyry Deposit."
  • The relogging program developed the identification of six distinctive porphyry intrusives with five related to the development of the porphyry copper gold mineralization (VP1 to VP5) and one post mineral, dacitic intrusive that cuts all stages of mineralization: copper gold porphyry and gold oxide.
  • This evidence supports the interpretation that the Valeriano porphyry system may extend to the southwest of previous area of drilling and the copper gold mineralization may also occur closer surface in this unexplored area.

Aurwest Initiates Exploration Program on Stellar Porphyry Copper-Gold Property

Tuesday, July 13, 2021 - 1:00pm

Calgary, Alberta--(Newsfile Corp. - July 13, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") is pleased to announce the commencement of its 2021 exploration program on its Stellar porphyry copper/gold project (22,342 ha), located approximately 25 km southwest of Houston, British Columbia.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - July 13, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") is pleased to announce the commencement of its 2021 exploration program on its Stellar porphyry copper/gold project (22,342 ha), located approximately 25 km southwest of Houston, British Columbia.
  • The program consists of a regional evaluation of the western portion of the project which is essentially unexplored and detailed exploration of the two porphyry targets.
  • The focus of the program is two porphyry copper targets, which contingent on results of the Induced Polarization survey could identify potential drilling targets.
  • The historical exploration indicates the mineralogy, styles of mineralization, alteration and intrusive activity over large areas indicative of a porphyry system, yet the data appears never to have been incorporated into a porphyry exploration model."

Freeport to Acquire Yandera Copper Project

Monday, June 28, 2021 - 1:00pm

Carpo is a privately-held company which controls Era Resources Inc., a corporation established under the laws of Cayman Islands and which itself controls an exploration license located in Papua New Guinea and which is commonly known as the "Yandera Copper Project".

Key Points: 
  • Carpo is a privately-held company which controls Era Resources Inc., a corporation established under the laws of Cayman Islands and which itself controls an exploration license located in Papua New Guinea and which is commonly known as the "Yandera Copper Project".
  • In connection with completion of the Transaction, the Company does not expect to assume any material liabilities, nor does it expect to devote the majority of its working capital or resources to the development of Carpo or the Yandera Copper Project.
  • The Yandera copper project is an igneous, intrusive-hosted, structurally controlled copper porphyry system with ancillary molybdenum and gold.
  • These forward-looking statements or information may relate to the intended completion of the Transaction, the Yandera Copper Project, and other factors or information.

EnGold Commences Drilling at Lac La Hache Copper Gold Project

Thursday, June 24, 2021 - 2:30pm

"EnGold is gearing up for what we expect will be its busiest exploration season ever," said EnGold President & CEO David H. Brett.

Key Points: 
  • "EnGold is gearing up for what we expect will be its busiest exploration season ever," said EnGold President & CEO David H. Brett.
  • "With strong metals markets and a pending $8 million financing, we are looking forward to making new copper/gold discoveries at Lac La Hache while growing our existing deposits."
  • Both Aurizon and Road Gold are hydrothermal breccia targets with high gold and copper values that are related to the Property's alkalic porphyry system.
  • "Our exploration facility on Highway 97 near Lac La Hache will be a very busy place over the next few years.

Kodiak Adds Second Drill Rig at MPD Copper-Gold Porphyry Project in Southern British Columbia

Thursday, June 17, 2021 - 12:30pm

Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Kodiak Copper Corp. (TSXV: KDK)(the "Company" or "Kodiak") today announced the mobilization of a second drill rig to Kodiak's 100% owned MPD copper-gold porphyry project ("MPD") in Southern British Columbia, where the Company is executing a fully funded drill program of up to 30,000 metres in 2021.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Kodiak Copper Corp. (TSXV: KDK)(the "Company" or "Kodiak") today announced the mobilization of a second drill rig to Kodiak's 100% owned MPD copper-gold porphyry project ("MPD") in Southern British Columbia, where the Company is executing a fully funded drill program of up to 30,000 metres in 2021.
  • The second rig will initially assist in step out and infill drilling at Gate.
  • MPD is a large, consolidated land package (147 km2) located near several operating mines in the southern Quesnel Terrane, British Columbia's primary copper-gold producing belt.
  • Kodiak also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine.

Orestone Drilling Intersects Tabular Gold-Copper Zones at Captain Indicating a Large Gold-Copper Porphyry System

Thursday, June 17, 2021 - 12:00pm

This environment indicates the presence of a large gold-copper porphyry system and the lower intersection in drill hole C21-02 indicates the potential for higher grade within the mineralized system.

Key Points: 
  • This environment indicates the presence of a large gold-copper porphyry system and the lower intersection in drill hole C21-02 indicates the potential for higher grade within the mineralized system.
  • All of the mineralized intercepts encountered on the Captain Project to date indicate that a gold enriched calc-alkaline porphyry system exists.
  • In terms of size, the outer phyllic alteration halo has been intersected in drilling over an area of 1.5 by 2 kilometres indicating the presence of a large hydrothermal fluid rich system.
  • Follow-up drilling will be underway during the summer," stated David Hottman, CEO and Director of Orestone Mining Corp.