Paleocene

Torex Gold Reports Results From 2023 Drilling at EPO

Retrieved on: 
Tuesday, September 5, 2023

Gold is analyzed at the BV facilities in Hermosillo, Mexico following internal analytical protocols (FA430) and comprises a 30g fire assay with an atomic absorption finish.

Key Points: 
  • Gold is analyzed at the BV facilities in Hermosillo, Mexico following internal analytical protocols (FA430) and comprises a 30g fire assay with an atomic absorption finish.
  • Samples yielding results >10 g/t Au are re-assayed by fire assay with gravimetric finish (FA530-Au).
  • The program includes 5% each of Certified Reference Materials and Blanks; blind duplicates are not included, but Torex evaluates the results of internal BV laboratory duplicates.
  • Ms. Milla consents to the inclusion in this release of said data in the form and context in which they appear.

Torex Gold Reports Positive Drilling Results from ELG Underground

Retrieved on: 
Tuesday, July 11, 2023

TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces assay results from the Company’s ongoing drilling program at the El Limón Guajes underground mine, including zones referred to as El Limón Deep (“ELD”), Sub-Sill, Sub-Sill South, El Limón Sur Deep, and El Limón West (collectively “ELG Underground”).

Key Points: 
  • TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces assay results from the Company’s ongoing drilling program at the El Limón Guajes underground mine, including zones referred to as El Limón Deep (“ELD”), Sub-Sill, Sub-Sill South, El Limón Sur Deep, and El Limón West (collectively “ELG Underground”).
  • Jody Kuzenko, President & CEO of Torex, stated:
    “We are excited about the positive results from the ongoing drilling program at ELG Underground.
  • Through the end of May, approximately 34,300 meters and 177 holes were drilled as part of the 2023 drilling program at ELG Underground.
  • The excellent results from the 2022 drilling program and initial results from the 2023 drilling program, including high grade intersects in several of the underground deposits, have been instrumental in exploring the extent of the mineralization at depth.

Torex Reports Encouraging Results From Drilling at EPO

Retrieved on: 
Thursday, March 23, 2023

Assay results from the infill drilling program at EPO can be found in Table 2 and results from the expansion drilling program in Table 3.

Key Points: 
  • Assay results from the infill drilling program at EPO can be found in Table 2 and results from the expansion drilling program in Table 3.
  • Drill results from the 27,400 metres drilled at Media Luna in 2022 were released earlier this month (refer to press release dated March 8, 2023 titled Torex Gold Reports Results From Drilling at Media Luna).
  • Results from the 2022 infill drilling program at EPO are outlined in Table 2.
  • Results from the 2022 expansion drilling program at EPO are outlined in Table 3.

Torex Gold Reports Results From Drilling at Media Luna

Retrieved on: 
Wednesday, March 8, 2023

TORONTO, March 08, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) is pleased to report results from its 2022 drilling program at Media Luna. The program was focused on upgrading Indicated Resources to the Measured category and targeting spatial gaps in prior drilling to expand Inferred Mineral Resources.

Key Points: 
  • Assay results from the 2022 infill drilling program targeting Measured Resources can be found in Table 2 and results from the 2022 infill drilling program targeting Inferred Resources can be found in Table 3.
  • Drilling at Media Luna in 2022 was focused on both upgrading and expanding Mineral Resources.
  • In addition to drilling conducted in 2022, multiple holes completed as part of the 2021 infill program will be incorporated into the year-end 2022 Mineral Resource estimate at Media Luna.
  • In total, the Company invested over $19 million in drilling within the Media Luna Cluster in 2022.

Forte Minerals Stakes Ground and Inks Deal to Acquire an Additional 1300 ha of Prospective Ground at Esperanza Porphyry Cu-Mo Project, Perú

Retrieved on: 
Friday, March 3, 2023

The property was transferred to Forte Minerals' subsidiary Amaru Resources SAC, ("Amaru") with Ares retaining a 0.5% NSR royalty, subject to a buyback by Amaru for US$500,000.

Key Points: 
  • The property was transferred to Forte Minerals' subsidiary Amaru Resources SAC, ("Amaru") with Ares retaining a 0.5% NSR royalty, subject to a buyback by Amaru for US$500,000.
  • In conjunction, Forte, through Amaru, has staked an additional claim block of 1000 ha in the adjacent area to the northeast and contiguous with the main property to protect the possible northeastern extension of the porphyry system undercover.
  • For the first time in a decade, Forte now controls the entire porphyry alteration area at the Esperanza project ("Esperanza") which encompasses 4000 ha.
  • We are delighted to finalize a deal on this critical ground at Esperanza.

Mirasol Advances Flagship Sobek Copper Project in Chile Towards Drilling

Retrieved on: 
Thursday, March 2, 2023

VANCOUVER, British Columbia, March 02, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to report that the 2022/23 exploration program continues to advance towards drilling at the Company’s 100%-owned Sobek Copper Project (“Sobek”) in Chile.

Key Points: 
  • VANCOUVER, British Columbia, March 02, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to report that the 2022/23 exploration program continues to advance towards drilling at the Company’s 100%-owned Sobek Copper Project (“Sobek”) in Chile.
  • “We continue to receive impressive precious and base metals results, including multi-percentage copper, from select rock chip grab samples at Sobek Central.
  • This is a common structural configuration hosting several southern Andes metal deposits in both Chile and Argentina.
  • Sobek comprises a large block of properties totaling 11,120 ha of exploration claims in three strategic locations, the North, Central and South blocks.

Mirasol Defines Additional Drill Targets on the Inca Copper-Gold Project in Chile

Retrieved on: 
Thursday, December 8, 2022

“The Vania prospects at our Inca Gold project are advancing as quality drill targets,” Mirasol’s President, Tim Heenan, commented.

Key Points: 
  • “The Vania prospects at our Inca Gold project are advancing as quality drill targets,” Mirasol’s President, Tim Heenan, commented.
  • Inca Gold is a large 16,300-hectare property package located on the Paleocene belt of Chile.
  • Compelling new geophysical features were identified, which clearly represent additional quality drill targets at the Vania South prospect.
  • Currently Mirasol is self-funding exploration at two flagship projects, Sobek and Inca Gold, both located in Chile.

Torex Gold Reports Impressive Results From Ongoing Drilling at ELG Mine Complex

Retrieved on: 
Monday, December 5, 2022

As at the end of October, assay results for 6,915 m of drilling (60 holes) at El Limón Sur had been received.

Key Points: 
  • As at the end of October, assay results for 6,915 m of drilling (60 holes) at El Limón Sur had been received.
  • Follow-up drilling below the El Limón Sur open pit has been successful, with multiple intersects of impressive gold, silver and copper assays over favourable core widths (see Figures 2 and 3).
  • The Company’s principal asset is the Morelos Complex, which includes the El Limón Guajes (“ELG”) Mine Complex, the Media Luna Project, a processing plant and related infrastructure.
  • Commercial production from the Morelos Complex commenced on April 1, 2016 and an updated Technical Report for the Morelos Complex was released in March 2022.

Mirasol Advances Exploration to Refine Drill Targets at Flagship Sobek Copper Project in Chile

Retrieved on: 
Thursday, December 1, 2022

Last seasons maiden boots on the ground campaign at our flagship Sobek copper project was a tremendous success.

Key Points: 
  • Last seasons maiden boots on the ground campaign at our flagship Sobek copper project was a tremendous success.
  • Camp and exploration crews have been mobilized to Sobek in support of follow-up ground exploration across the entire property.
  • This aggressive exploration campaign is designed to refine drill targets for a maiden drill program in the first half of 2023.
  • Currently Mirasol is self-funding exploration at two flagship projects, Sobek and Inca Gold, both located in Chile.

American Future Fuel Acquires Prospective Red Basin Uranium Project

Retrieved on: 
Wednesday, September 28, 2022

VANCOUVER, British Columbia, Sept. 27, 2022 (GLOBE NEWSWIRE) -- American Future Fuel Corporation (CSE: AMPS, Frankfurt: K14, WKN: A3DQFB, OTCQB: AFFCF) (the Company, or American Future Fuel) is pleased to announce that it has acquired (the Acquisition) the Red Basin Uranium Project (the Project or Red Basin) located in the Red Basin Pie Town Mining District of Catron and McKinley counties of New Mexico.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 27, 2022 (GLOBE NEWSWIRE) -- American Future Fuel Corporation (CSE: AMPS, Frankfurt: K14, WKN: A3DQFB, OTCQB: AFFCF) (the Company, or American Future Fuel) is pleased to announce that it has acquired (the Acquisition) the Red Basin Uranium Project (the Project or Red Basin) located in the Red Basin Pie Town Mining District of Catron and McKinley counties of New Mexico.
  • The Project is underlain by the southerly dipping Eocene Baca Formation and the Cretaceous Crevasse Formation.
  • American Future Fuel Corporation is a Canadian-based resource company focused on the strategic acquisition, exploration and development of alternative energy projects.
  • American Future Fuels Ceboletta Uranium project is an advanced exploration project.