Mineralization

Discovery Reports Q2 2021 Financial Results and Update

Retrieved on: 
Thursday, August 26, 2021
Industry, Company, USA, Mineralization, Consultant, GLOBE, OTCQX, Mining, Data, Lead, PEA, Health, C21, Review, Vein, Risk, News, Project, ESG, Josefina, TSX, COVID-19, C20, Mission statement, Strike, Animal, Television set, High-performance plastics, Uranium, Risk management

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (Discovery or the Company) is pleased to announce its financial results for the three months ended June 30, 2021 (Q2 2021), and to provide a summary of key events for the quarter and subsequent to quarter-end.

Key Points: 
  • TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (Discovery or the Company) is pleased to announce its financial results for the three months ended June 30, 2021 (Q2 2021), and to provide a summary of key events for the quarter and subsequent to quarter-end.
  • HIGHLIGHTS FROM Q2 2021 & SUBSEQUENT EVENTS:
    As at June 30, 2021, we had a cash and cash equivalents and short term investment balance of $88.0 million.
  • We are also close to completing the Companys inaugural ESG report which we expect will be published in 4Q 2021.
  • The following selected financial data is summarized from the Companys condensed interim consolidated financial statements and related notes thereto (the Financial Statements) for the three months ended June 30, 2021.

Hawkmoon Has Completed 3,300 Metres and Submitted Seven Drill Holes for Assay

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Thursday, August 12, 2021
Mining, Minerals, Natural Resources, Dakota Territory Resource Corp, Mineralization, ALS, News, Wilson, Abitibi greenstone belt, HM, Gold, Multimedia, NI, Toussaint, Company, HMW, Lab, Forward-looking statement, Time, CSE, Printed circuit board, Uranium

Of the initial fourteen holes, seven have been submitted to ALS Labs in Val dOr, Quebec (the Lab) for fire assay.

Key Points: 
  • Of the initial fourteen holes, seven have been submitted to ALS Labs in Val dOr, Quebec (the Lab) for fire assay.
  • Hawkmoon is currently drilling hole HMW 21-19 and anticipates drilling a total of twenty-eight holes at the Wilson Property.
  • Hawkmoon is set to complete the drill program at the Midrim by the end of August.
  • View the full release here: https://www.businesswire.com/news/home/20210812005293/en/
    Figure 1 : Toussaint style mineralization in HMW 21-06 totaling approximately 5 metres (down hole and not necessarily true width), one of the holes submitted to Lab for fire assay.

Kuya Silver Intersects 1.20 m of 1,127 g/t Silver Equivalent (Including 0.45 m of 2,574 g/t Ag eq) and 2.60 Metres Of 995 g/t Silver Equivalent (Including 0.40 Metres Of 4,973 g/t Ag eq) in Initial Bethania Drill Program

Retrieved on: 
Monday, July 26, 2021
Economic geology, Mineralization, Vein

Some key observations of the phase 1, 5000-metre drill program include:

Key Points: 
  • Some key observations of the phase 1, 5000-metre drill program include:
    Mineralization intersected below lowest mine workings, confirming the Bethania vein system remains open at depth.
  • Locally thicker intersections of mineralization than expected, up to 6.72 m of 223 g/t Ag eq in BDH-33 on the Espaola Vein (including 0.45 m of 1,304 g/t).
  • While historical mining focused on only six veins, Kuya's phase 1 drill program identified 20 distinct mineralized veins in the immediate Bethania mine area.
  • See Figure 1 plan view map of drill trace intersection of existing and newly discovered veins at Bethania.

Newcore Gold Drilling Intersects 95.16 g/t Gold Over 2.0 Metres and 1.28 g/t Gold Over 74.0 Metres, at the Enchi Gold Project, Ghana

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Wednesday, July 21, 2021
Drilling, Machining, Woodworking, Mineralization, Oil well, Mining in Canada, Inventions, Economy, Orex Exploration

Drilling on the central portion of Boin included five diamond drill holes totalling 2,629 metres (KBDD063A, KBRD063, KBDD064, KBDD066, KBDD067) and one RC hole KBRC253 of114 metres.

Key Points: 
  • Drilling on the central portion of Boin included five diamond drill holes totalling 2,629 metres (KBDD063A, KBRD063, KBDD064, KBDD066, KBDD067) and one RC hole KBRC253 of114 metres.
  • The holes were completed along a one-kilometre portion of the structure, directed at extending the gold mineralization up and down dip.
  • Four of the five holes intersected mineralization characterized by wide gold mineralized zones with a series of higher-grade core structures.
  • As part of the current drill program a total of 157 holes totalling 25,648 metres have been completed at Boin.

Sonoro Gold Reports Surface Sampling Materially Extends Oxide Gold Mineralized Zones & Announces Priority Targets for Fall 2021 Drill Campaign

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Tuesday, July 20, 2021
Mineralization

When combined with historical data, total exploration at Cerro Caliche totals over 47,500 meters, 433 drill holes and 9,365 surface samples.

Key Points: 
  • When combined with historical data, total exploration at Cerro Caliche totals over 47,500 meters, 433 drill holes and 9,365 surface samples.
  • As previously announced, the Company engaged Micon International Ltd. to prepare an updated Technical Report and D.E.N.M.
  • Exploration at Cerro Caliche has identified a broadly mineralized low-sulphidation epithermal vein structure and the presence of multiple northwest trending gold mineralized zones along trend and near surface.
  • Previous drilling intercepted gold mineralization in most holes, demonstrating a very good success rate, which I expect will continue in the mineralized zone corridors.

Australian Goldfields: Potential Confirmed at Beaton's River Project

Retrieved on: 
Monday, July 19, 2021
Natural sciences, Branches of biology, Physical sciences, Bioinorganic chemistry, Biomineralization, Pedology, Physiology, Skeletal system, Mineralization

VANCOUVER, BC, July 19, 2021 /PRNewswire/ -- Australian Goldfields Limited (formerly Graphite Energy Corp.) (the "Company") (CSE:AUGF)(OTC:GRXXF) (Frankfurt: G0A) is pleased to report assays results confirming the presence of gold mineralization within surface samples taken at the Beaton's River Project, Pilbara, Western Australia.

Key Points: 
  • VANCOUVER, BC, July 19, 2021 /PRNewswire/ -- Australian Goldfields Limited (formerly Graphite Energy Corp.) (the "Company") (CSE:AUGF)(OTC:GRXXF) (Frankfurt: G0A) is pleased to report assays results confirming the presence of gold mineralization within surface samples taken at the Beaton's River Project, Pilbara, Western Australia.
  • A reconnaissance and mapping program is ongoing at the project, with select sampling of areas deemed to be of interest.
  • These results are considered anomalous for gold and indicate the potential for gold mineralization within the conglomerate formation.
  • The package is comprised of five separate claim groups including the 335 square kilometer Beaton's River Project.

Australian Goldfields: Potential Confirmed at Beaton's River Project

Retrieved on: 
Monday, July 19, 2021
Natural sciences, Branches of biology, Physical sciences, Bioinorganic chemistry, Biomineralization, Pedology, Physiology, Skeletal system, Mineralization

VANCOUVER, BC, July 19, 2021 /PRNewswire/ -- Australian Goldfields Limited (formerly Graphite Energy Corp.) (the "Company") (CSE:AUGF)(OTC:GRXXF) (Frankfurt: G0A) is pleased to report assays results confirming the presence of gold mineralization within surface samples taken at the Beaton's River Project, Pilbara, Western Australia.

Key Points: 
  • VANCOUVER, BC, July 19, 2021 /PRNewswire/ -- Australian Goldfields Limited (formerly Graphite Energy Corp.) (the "Company") (CSE:AUGF)(OTC:GRXXF) (Frankfurt: G0A) is pleased to report assays results confirming the presence of gold mineralization within surface samples taken at the Beaton's River Project, Pilbara, Western Australia.
  • A reconnaissance and mapping program is ongoing at the project, with select sampling of areas deemed to be of interest.
  • These results are considered anomalous for gold and indicate the potential for gold mineralization within the conglomerate formation.
  • The package is comprised of five separate claim groups including the 335 square kilometer Beaton's River Project.

West Mining Completes 8 Drill Holes at Daylight Property

Retrieved on: 
Monday, July 19, 2021
Borehole, Mineralization, Minerals, Geology, Natural Resources

VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) -- West Mining Corp. (West or the Company) (CSE: WEST) (OTC: WESMF) is pleased to provide an update on the 2021 exploration program underway on its 100% owned Daylight Property.

Key Points: 
  • VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) -- West Mining Corp. (West or the Company) (CSE: WEST) (OTC: WESMF) is pleased to provide an update on the 2021 exploration program underway on its 100% owned Daylight Property.
  • An initial eight diamond drill holes have now been completed on the Great Western Zone of the Daylight Property in southeastern British Columbia.
  • These mineralization styles are the key target for the 2021 drilling at Daylight and were intercepted in all drill holes to date.
  • We are very excited with the favourable alterations and mineralization seen in these first drill holes on our Kena Projects Daylight Property.

Golden Tag Intersects 257.67 g/t over 16.34 m, and Extends Mineralization Within the Fernandez Zone to the West

Retrieved on: 
Thursday, July 15, 2021
Mineralization, holE

The mineralization intersected in hole 21-58 within the Fernandez Zone was a 34% improvement in grades over the nearest intercept within hole 12-48, implying the western section of Fernandez could potentially host higher grades.

Key Points: 
  • The mineralization intersected in hole 21-58 within the Fernandez Zone was a 34% improvement in grades over the nearest intercept within hole 12-48, implying the western section of Fernandez could potentially host higher grades.
  • These newly discovered high grade mineralized zones reside only 185 m above the Fernandez Zone and could potentially be accessed through conceptual shared development.
  • Hole 21-58 crossed into the Fernandez Zone at 483.13 m, approximately 478 m from surface and ended in mineralization at 674.70 m returning 111 g/t Ag.Eq.
  • There are no drill holes to the west of the intercept in hole 21-58 and thus the Fernandez Zone remains open to the west.

Heliostar Drills Multiple Gold and Base Metal Intercepts at Apollo, Unga Project, Alaska

Retrieved on: 
Tuesday, July 13, 2021
Mineralization, Vein

2.04 g/t gold equivalent ("AuEq") over 22.9 m from 93.0 metres downhole including;

Key Points: 
  • 2.04 g/t gold equivalent ("AuEq") over 22.9 m from 93.0 metres downhole including;
    Heliostar VP of Exploration, Sam Anderson, commented: "The Apollo target continues to deliver strong gold and base metal hits in this year's drilling.
  • These results grow the strike extent to 745 metres with mineralized intercepts, a subsection of the broader two kilometre-long trend.
  • At Shaft 2, multiple veins have been intersected with a main vein defined over 365m of strike and 100m of depth.
  • Mineralization varies from gold-dominant (APSRC21-02, APSRC21-06) to base metal-dominant (APSRC21-08) and appears to change rapidly over short intervals.