Mineralization

Max Resource Reports New Copper Discovery at CESAR North, NE Colombia

Wednesday, March 3, 2021 - 5:00am

"This discovery of a new type of copper mineralization hosted in igneous host rock, significantly enhances the Company's steadfast belief of CESAR as district scale with several pulses of mineralization," commented Max CEO, Brett Matich. "

Key Points: 
  • "This discovery of a new type of copper mineralization hosted in igneous host rock, significantly enhances the Company's steadfast belief of CESAR as district scale with several pulses of mineralization," commented Max CEO, Brett Matich. "
  • "CESAR provides Max significant exposure to copper, a critical energy metal and a key metal for the world's transition to clean green energy," he concluded.
  • Max cautions investors that the presence of copper-silver mineralization at Kupferschiefer is not necessarily indicative of similar mineralization at CESAR.
  • Max Resource Corp. is an energy and precious metals exploration company, engaged in advancing both its district-scale CESAR copper-silver project in Colombia and the newly acquired RT Gold project in Peru.

Cortus Generates High Priority Drill Targets at Roberts Creek Along Strike from McEwan's Gold Bar Mine in Nevada

Thursday, February 25, 2021 - 2:00pm

Roberts Creek Project comprises 1,300 hectares (ha) in the highly prospective Gold Bar district of the Battle Mountain-Eureka Trend in Northeastern Nevada.

Key Points: 
  • Roberts Creek Project comprises 1,300 hectares (ha) in the highly prospective Gold Bar district of the Battle Mountain-Eureka Trend in Northeastern Nevada.
  • The Roberts Creek Project is at the drill-ready stage within our targeting matrix and available for acquisition, option or joint venture.
  • Figure 1: The 2020 high-resolution ground magnetic survey and soil sampling program highlight the structural and stratigraphic relationship between Gold Bar deposits and the Roberts Creek Project.
  • Projected faults coincide with the ground magnetic survey and gold-in-soil trends, indicating controls for mineralization and delineating drill targets.

Element 29 Provides Update for Flor De Cobre Copper Project, Peru

Thursday, February 25, 2021 - 1:00pm

This historical resource is relevant to Flor de Cobre as it suggests supergene-enriched mineralization of interest may be present at Candelaria.

Key Points: 
  • This historical resource is relevant to Flor de Cobre as it suggests supergene-enriched mineralization of interest may be present at Candelaria.
  • It is also unclear what portion of this historical resource estimate is within the current Flor de Cobre property configuration.
  • These historical assay results are relevant to Flor de Cobre as they suggest supergene-enriched copper mineralization of interest may be present at Candelaria.
  • These historical assay results and drill logs are relevant to Flor de Cobre as they suggest supergene-enriched copper mineralization of interest may be present at Candelaria.

FenixOro Discovers New Zone With Multiple High Grade Veins, Intercepts 124.5 g/t Gold

Wednesday, February 24, 2021 - 2:00pm

Hole 6 represents an area of previously unknown high grade gold mineralization demonstrating both the highest grades and the widest zones drilled to date.

Key Points: 
  • Hole 6 represents an area of previously unknown high grade gold mineralization demonstrating both the highest grades and the widest zones drilled to date.
  • This intersection, the deepest to date at Abriaqui, also extends the known vertical range of high grade gold mineralization to over 1200 meters.
  • Reported grade intervals are calculated using uncut gold values as the current database is too small to calculate statistically valid levels for cutting high grade assays.
  • Drill results have returned assays demonstrating multiple intercepts of Buritica style high grade gold mineralization and wider zones of lower grade mineralization.

Generic Gold Identifies Gold, Silver, Copper and Zinc Anomalies from B-Horizon Soil Sampling Program on Belvais Project, Quebec

Tuesday, February 23, 2021 - 2:06pm

Soil samples returned multiple gold, silver, copper and zinc anomalies as displayed in Figure 1.

Key Points: 
  • Soil samples returned multiple gold, silver, copper and zinc anomalies as displayed in Figure 1.
  • As illustrated in Figure 1, this was a comprehensive program that has produced many anomalies spread out across the property.
  • In addition, there is a strong correlation between anomalous copper and zinc values which is indicative of possible VMS-type mineralization.
  • Generic Gold engaged a consulting geologist specialising in glacial till geology and movements to plan the program and analyse results.

Asante Gold to Commence Geotech Drilling on Kubi Main Zone

Thursday, February 18, 2021 - 3:02pm

These holes are planned to intersect the Kubi Main mineralized zone at depths from 30m to 120m below surface, and give long intersections of mineralization for testing purposes.

Key Points: 
  • These holes are planned to intersect the Kubi Main mineralized zone at depths from 30m to 120m below surface, and give long intersections of mineralization for testing purposes.
  • Previous drilling on this section has shown the mineralization to be near vertical and extend from surface to -400m.
  • This information will be used to fine tune our 3D modelling of the Kubi Main gold deposit and assist in the search for additional gold mineralization at depth and elsewhere on the mining lease.
  • The Company also announces the results of the recently completed Kubi 513 Zone excavator trenching/auger drilling program, located 1.2km south west of the Kubi Main gold deposit.

Fremont Completes Drill Program at North Carlin Gold Project; Results Pending

Wednesday, February 17, 2021 - 1:30pm

Vancouver, British Columbia--(Newsfile Corp. - February 17, 2021) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that the Company has completed its first-ever drill program at the North Carlin gold project ("North Carlin" or the "Project").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 17, 2021) - Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR2) ("Fremont" or the "Company") is pleased to announce that the Company has completed its first-ever drill program at the North Carlin gold project ("North Carlin" or the "Project").
  • Fremont completed three holes, totaling 1,910 metres, testing several high-priority drill targets based on soil geochemistry, gravity and magnetic surveys, and the projection of key faults that control gold mineralization in the Carlin Trend.
  • The Carlin Trend is one of the richest gold mining districts in the world having produced over 84 million ounces of gold since the early 1960s1; Nevada Gold Mines' Carlin Complex hosts 30 million ounces of gold in the measured and indicated category2.
  • Fremont has identified several priority drill targets at North Carlin based on soil geochemistry, gravity and magnetic surveys, and the projection of key faults that control gold mineralization in the Carlin Trend (see Figure 2).

Capitan Mining Drills 64m of 0.59 g/t Gold Equivalent; Including 25.8m of 0.87g/t Gold Equivalent, and Provides Review on 2020 Drilling Campaign

Wednesday, February 17, 2021 - 12:00pm

These holes are part of a larger ongoing 6,000m drill program targeting the El Capitan oxide gold zone at the 100% owned Peoles Project in Durango, Mexico.

Key Points: 
  • These holes are part of a larger ongoing 6,000m drill program targeting the El Capitan oxide gold zone at the 100% owned Peoles Project in Durango, Mexico.
  • Nevertheless, numerous intervals of Capitan style mineralization were reported including 35.1m of 0.33 g/t AuEq in the Hanging Wall Zone and 35.1m of 0.26 AuEq.
  • In addition, the discovery and delineation of the Hanging Wall Zone provides an opportunity to expand the near-surface gold mineralization and enhance the overall project.
  • The Capitan Mining team is pleased with the results to date and we are very motivated and committed to advancing the Penoles Project."

Golden Tag Reports 175.30 m of 88.54 g/t Ag.Eq, 10% Grade Improvement Observed, From Infill Sampling at San Diego

Wednesday, February 17, 2021 - 12:00pm

Infill sampling from historic hole SD-11-42 identified a significantly broader zone of mineralization, compared to the area originally sampled, including 175.30 metres of 88.54 g/t Ag.Eq.

Key Points: 
  • Infill sampling from historic hole SD-11-42 identified a significantly broader zone of mineralization, compared to the area originally sampled, including 175.30 metres of 88.54 g/t Ag.Eq.
  • Four new mineralized zones were identified proximal to the Fernandez Zone, including two shallower zones.
  • Infill sampling from historic hole SD-11-40 resulted in an increase in the reported grade by 10%, intersecting 298.02 metres of 101.96 g/t Ag.Eq.
  • As our exploration program continues over the coming months, we look forward to unlocking further value on the San Diego Project.

Globex Acquires Bald Hill Antimony Deposit, New Brunswick

Tuesday, February 16, 2021 - 2:00pm

The 2014 trenching program, centered approximately 1.0 km along strike to the southeast from the main Bald Hill occurrences, exposed new antimony mineralization grading 9.04% Sb over 2.60 metres.

Key Points: 
  • The 2014 trenching program, centered approximately 1.0 km along strike to the southeast from the main Bald Hill occurrences, exposed new antimony mineralization grading 9.04% Sb over 2.60 metres.
  • In addition to the on-site exploration programs, preliminary processing and metallurgical test-work of Bald Hill lithological drill-core and bulk samples was carried out.
  • The work completed by Rockport on the Bald Hill Project substantiates the occurrence of a potential resource of economically interesting antimony mineralization.
  • The Bald Hill antimony property was acquired for a single cash payment.