Porphyry

Jaxon Confirms Extension of Porphyry-Related Phenomena, Prepares 2021 Drilling Plan for Cu/Mo/Au/Ag Targets at Red Springs

Retrieved on: 
Tuesday, February 2, 2021

Jaxon's 2020 work program at Red Springs expanded the area covered by the copper/moly in soil anomaly that projects over the Razorback area.

Key Points: 
  • Jaxon's 2020 work program at Red Springs expanded the area covered by the copper/moly in soil anomaly that projects over the Razorback area.
  • Jaxon is setting out in 2021 to drill test the Cu-Mo porphyry and breccia pipes leading to the Red Springs porphyry target.
  • In total, there are three strong Cu-Mo in soil anomalies at the Red Springs project (Figures 1-2).
  • Soil sample anomalies and rock samples with Cu assay at Razorback (2020) and Primary Ridge (2019) at the Red Springs project.

Silver Bull Announces Maiden NI 43-101 Resource of 2.33 Million Ounces of Gold & 476 Thousand Tonnes of Copper in the “Indicated” Category, and 1.56 Million Ounces of Gold & 220 Thousand Tonnes of Copper in the “Inferred” Category at the Beskauga

Retrieved on: 
Thursday, January 28, 2021

Average copper recovery was 81.7% copper and 51.8% for both gold and silver.

Key Points: 
  • Average copper recovery was 81.7% copper and 51.8% for both gold and silver.
  • Pit walls are set at 42 degrees in the overburden and 45 degrees in the hard rock.
  • Mining costs were assumed to be US$1.00 in overburden and US$1.50/tonne in the hard rock and processing costs were assumed to be US$5.70/tonne.
  • Sulphides occur as fine-grained disseminations as well as in stockwork veins and veinlets, associated with an elongated granodiorite porphyry intrusion.

C3 Metals Announces Upsize of Brokered Private Placement to $6.5 Million

Retrieved on: 
Monday, January 25, 2021

If this option is exercised in full, an additional approximately $975,000 will be raised and the aggregate proceeds of the Offering will be approximately $7,475,000.

Key Points: 
  • If this option is exercised in full, an additional approximately $975,000 will be raised and the aggregate proceeds of the Offering will be approximately $7,475,000.
  • C3 Metals Inc. is focused on creating substantive long-term value for its shareholders through the discovery and development of large copper and gold deposits.
  • The Company's flagship project is the poorly explored 5,700-hectare 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).

University Study Pinpoints Enduro's Burgundy System as Galore Creek Suite

Retrieved on: 
Monday, January 18, 2021

Results from this study are part of an ongoing exploration initiative to fingerprint the 4 major systems at Newmont Lake.

Key Points: 
  • Results from this study are part of an ongoing exploration initiative to fingerprint the 4 major systems at Newmont Lake.
  • "Learning that Burgundy falls directly within the time window that formed Galore Creek is an important step forward that will help us narrow our targeting efforts in the area."
  • Burgundy is a minimum 2.3km long trend of alkalic copper-gold porphyry occurrences found in the western half of the Newmont Lake Project.
  • Galore Creek is a world-class copper-gold-silver alkalic porphyry deposit located 30km northwest of Burgundy on Enduro's Newmont Lake Project.

Edgemont Files for Drill Permit for Dungate Copper/Gold Porphyry Project near Houston, B.C.

Retrieved on: 
Thursday, January 14, 2021

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - Edgemont Gold Corp. (CSE: EDGM) ("Edgemont") is pleased to announce that it has filed an application for a drill permit for its Dungate copper/gold porphyry project located 6 km south of Houston, B.C.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - Edgemont Gold Corp. (CSE: EDGM) ("Edgemont") is pleased to announce that it has filed an application for a drill permit for its Dungate copper/gold porphyry project located 6 km south of Houston, B.C.
  • Both geophysical anomalies occur on a quartz feldspar porphyry ("QFP") identified by Edgemont in mapping and surface rock sampling in 2019 and 2020.
  • Drilling was last conducted at Dungate in 1976, with numerous shallow (
  • Edgemont is currently actively exploring the Dungate copper/gold porphyry project located just 6 km south of Houston in the Omenica Mining Division of northern British Columbia.

Bell Copper Finds New Porphyry at Big Sandy

Retrieved on: 
Monday, January 11, 2021

Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Bell Copper Corporation (TSXV: BCU) ("Bell Copper" or the "Company") is pleased to report that it has drilled into a new porphyry copper system at its Big Sandy project, a large, truncated porphyry copper-molybdenum target located in northwestern Arizona, approximately 30 kilometers south of the Company's Perseverance Project.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Bell Copper Corporation (TSXV: BCU) ("Bell Copper" or the "Company") is pleased to report that it has drilled into a new porphyry copper system at its Big Sandy project, a large, truncated porphyry copper-molybdenum target located in northwestern Arizona, approximately 30 kilometers south of the Company's Perseverance Project.
  • Big Sandy appears to be the newest addition to Arizona's prolific Laramide porphyry copper belt.
  • Bell Copper is a mineral exploration company focused on the identification, exploration and discovery of large copper deposits located in Arizona.
  • Bell Copper is exploring its 100% owned Big Sandy Porphyry Copper Project and the Perseverance Porphyry Copper Project which is under a Joint Venture - Earn In.

OROCO ENCOURAGED BY EARLY 3D IP RESULTS AT SANTO TOMAS

Retrieved on: 
Thursday, November 5, 2020

Overall, these results have provided a very positive start to the program said Craig Dalziel, Orocos CEO.

Key Points: 
  • Overall, these results have provided a very positive start to the program said Craig Dalziel, Orocos CEO.
  • The DCIP survey is about 40% complete and Oroco has received preliminary inversion data from Dias Geophysical for the first 25% of the survey data.
  • The Project is situated within the Santo Tomas District, which extends from Santo Tomas up to the Jinchuan Groups Bahuerachi project, approximately 14 km to the north-east.
  • Santo Tomas hosts a significant copper porphyry deposit defined by prior exploration spanning the period from 1968 to 1994.

Northisle Appoints Kevin O'Kane as Independent Non-Executive Director

Retrieved on: 
Thursday, November 5, 2020

VANCOUVER,BC, Nov. 5, 2020 /PRNewswire/ -NorthisleCopper and Gold Inc.(TSXV: NCX) ("Northisle" or the "Company") is pleased to announce the appointment of Kevin O'Kane as an independent non-executive director, effective immediately.

Key Points: 
  • VANCOUVER,BC, Nov. 5, 2020 /PRNewswire/ -NorthisleCopper and Gold Inc.(TSXV: NCX) ("Northisle" or the "Company") is pleased to announce the appointment of Kevin O'Kane as an independent non-executive director, effective immediately.
  • Commenting on the appointment, Dale Corman, Chairman of the Board of Directors, said: "The Board of Northisle is pleased to welcome Kevin as he adds strong technical, operational, social, and environmental expertise.
  • As Kevin is recognized globally as a leader, mine developer and operator of world-class deposits, his appointment reaffirms the high quality and potential of our project."
  • Northisle owns the North Island Project, which is one of the most promising copper and gold porphyry deposits in Canada.

Northisle Appoints Kevin O'Kane as Independent Non-Executive Director

Retrieved on: 
Thursday, November 5, 2020

VANCOUVER,BC, Nov. 5, 2020 /PRNewswire/ --NorthisleCopper and Gold Inc.(TSXV: NCX) ("Northisle" or the "Company") is pleased to announce the appointment of Kevin O'Kane as an independent non-executive director, effective immediately.

Key Points: 
  • VANCOUVER,BC, Nov. 5, 2020 /PRNewswire/ --NorthisleCopper and Gold Inc.(TSXV: NCX) ("Northisle" or the "Company") is pleased to announce the appointment of Kevin O'Kane as an independent non-executive director, effective immediately.
  • Commenting on the appointment, Dale Corman, Chairman of the Board of Directors, said: "The Board of Northisle is pleased to welcome Kevin as he adds strong technical, operational, social, and environmental expertise.
  • As Kevin is recognized globally as a leader, mine developer and operator of world-class deposits, his appointment reaffirms the high quality and potential of our project."
  • Northisle owns the North Island Project, which is one of the most promising copper and gold porphyry deposits in Canada.

Goldrea 2020 Program Confirms Potential for Porphyry Copper-Gold Mineralization at Golden Triangle’s Cannonball and Reports Grab Samples up to 405g/t gold

Retrieved on: 
Wednesday, October 21, 2020

On July 16, 2020 Seabridge commenced an 8,000 meter drill program to assess the extent of the porphyry copper gold mineralization at Quartz Rise.

Key Points: 
  • On July 16, 2020 Seabridge commenced an 8,000 meter drill program to assess the extent of the porphyry copper gold mineralization at Quartz Rise.
  • The Reader is cautioned that there can be no assurance that mineralization similar to that encountered at Quartz Rise will be identified on the Cannonball Property.
  • A 15cm wide chip sample collected across the core of the gossan zone (Sample C00065666) returned 405 g/t gold, 655 g/t silver and 0.195% copper.
  • The summer program gave us very encouraging sampling numbers and alteration mapping, and also confirmed a potential preserved porphyry system on our Cannonball Property.