Porphyry

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

Retrieved on: 
Wednesday, July 14, 2021

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

Retrieved on: 
Tuesday, July 13, 2021

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

Retrieved on: 
Monday, June 28, 2021

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

Retrieved on: 
Thursday, June 24, 2021

"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

Retrieved on: 
Thursday, June 17, 2021

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

Retrieved on: 
Thursday, June 17, 2021

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.

C3 Metals Commences Geophysics Surveys at Jasperoide Project, Peru

Retrieved on: 
Wednesday, June 16, 2021

Ongoing drilling highlights potential for primary Skarn-Porphyry deposit

Key Points: 
  • Completing these surveys is a major step forward in advancing the exploration and development of Jasperoide, and an exceptional opportunity for skarn, porphyry and epithermal style discoveries.
  • We will use the new magnetic, radiometric and IP surveys to refine drilling for a feeder porphyry and to identify associated stacked skarn horizons.
  • Surprisingly, airborne geophysics has never before been conducted at Jasperoide and we expect the surveys will provide a direct targeting tool for primary sulphide mineralization.
  • To view an enhanced version of this graphic, please visit:
    The Company has engaged New Sense Geophysics S.A.C.

Jaxon Commences 2021 Field Season and Receives Report Vectoring in on Multiple Porphyries at Netalzul Mt and Red Springs

Retrieved on: 
Tuesday, June 15, 2021

"3D Porphyry Footprint Modeling of Netalzul, British Columbia, Jaxon Mining, May 2021" and "3D Porphyry Footprint Modeling of Red Springs British Columbia, Jaxon Mining, May 2021" by Dan Core, Fathom Geophysics.

Key Points: 
  • "3D Porphyry Footprint Modeling of Netalzul, British Columbia, Jaxon Mining, May 2021" and "3D Porphyry Footprint Modeling of Red Springs British Columbia, Jaxon Mining, May 2021" by Dan Core, Fathom Geophysics.
  • The 2021 drilling targets at Netalzul involve a system of copper-molybdenum porphyries with related intermediate sulfidation (IS) type high-grade silver polymetallic deposits.
  • Both the Netalzul and Red Springs studies produced confirmatory information correlating with the Company's field work, geological modeling and the originally sited drilling targets.
  • The Company is preparing its 2021 drilling program to test the Netalzul Mountain and Red Springs projects on its 100% controlled Hazelton property.

Solaris Commences Maiden Drilling at Warintza East; Major Porphyry Target Defined at Yawi

Retrieved on: 
Monday, June 14, 2021

VANCOUVER, BC, June 14, 2021 /PRNewswire/ - Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) ("Solaris" or the "Company") is pleased to announce the commencement of maiden drilling at Warintza East.

Key Points: 
  • VANCOUVER, BC, June 14, 2021 /PRNewswire/ - Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) ("Solaris" or the "Company") is pleased to announce the commencement of maiden drilling at Warintza East.
  • In addition, the Company has defined a major copper porphyry target at Yawi from the further processing of geophysical and geochemical data at its Warintza Project ("Warintza" or "the Project"), extending the strike length of the Warintza cluster of porphyry targets to 7km.
  • In addition, further data processing has revealed a much more extensive porphyry target at Yawi than previously understood with additional sampling now underway."
  • The target is defined by overlapping copper and molybdenum soil anomalies associated with an underlying high-conductivity anomaly.

Westminster Stakes Strategic Ground in Peru and Updates on Peru Operations

Retrieved on: 
Wednesday, June 9, 2021

These acquisitions, generated by our in-country advisors, perfectly fit our model of big copper porphyry and IOCG targets within known copper mineralized systems."

Key Points: 
  • These acquisitions, generated by our in-country advisors, perfectly fit our model of big copper porphyry and IOCG targets within known copper mineralized systems."
  • Westminster is committed to using the best available data and current interpretive technologies and methodologies to direct its activities.
  • As such, the company was able to add 100% exposure to strategic and prospective ground at the lowest possible cost of entry.
  • Figure 1: Westminster Resources Ltd southern Peru project locations, showing simplified regional geology.