Mineralization

GMV Minerals Starts Drilling - First Hole Is the Most Extensively Mineralized One Ever Encountered at the Mexican Hat Gold Project in S.E. Arizona

Retrieved on: 
Tuesday, July 13, 2021

GMV has completed the first hole on its phase one expansion focused exploration program at the Mexican Hat.

Key Points: 
  • GMV has completed the first hole on its phase one expansion focused exploration program at the Mexican Hat.
  • This is the most extensively mineralized drill hole ever encountered at the Mexican Hat by GMV and is similar in nature to the mineralization previously drilled where gold mineralization is associated with fractured and hematized, carbonate-altered rocks.
  • These areas are defined geophysically and possess geochemically anomalous soils that are enriched in gold and gold pathfinder elements.
  • GMV is focused on developing the asset and realizing the full mineral potential of the property through near term gold production.

Capitan Mining Drills 56.4m of 0.75 g/t AuEq Including 10.7m of 1.19 g/t AuEq at Capitan Gold Zone at the Peñoles Project

Retrieved on: 
Wednesday, July 7, 2021

Drillholes 21-CARC-30, 31, and 32 were designed to expand Hanging wall style and Capitan Style, oxide mineralization down-dip along section lines 550, 100, and 450 respectively (see Figure 1).

Key Points: 
  • Drillholes 21-CARC-30, 31, and 32 were designed to expand Hanging wall style and Capitan Style, oxide mineralization down-dip along section lines 550, 100, and 450 respectively (see Figure 1).
  • All drillholes successfully intersected both Hanging Wall style and Capitan style mineralization, extending both zones between 70 and 170m down-dip, along section.
  • This zone is one of three that have been identified within the Capitan deposit mineralized envelope, and typically plunge shallow (20-25 degrees) to the southwest.
  • Capitan's CEO, Alberto Orozco, stated: "We are very pleased with the continuity that the Capitan gold zone has shown with each batch of drill holes that we have released.

ATEX Announces Valeriano Drilling Results and the Discovery of the GBV Gold Zone

Retrieved on: 
Tuesday, July 6, 2021

Drill Results Include 40 Metres Grading 1.25 g/t Gold and 4.06 g/t Silver

Key Points: 
  • In conjunction with the drilling program, a detailed surface mapping program was undertaken resulting in the discovery a new zone of gold mineralization, the GBV zone, comprising mineralized grey banded quartz veins cutting brecciated rhyolite.
  • Sampling along surface trenches cut through the GBV zone returned significant intervals of gold mineralization including 0.80 g/t gold over 60 metres and 0.45 g/t gold over 60 metres.
  • "Further, the discovery of the GBV zone shows that there is potential for further significant gold oxide discoveries on the Valeriano property.
  • Drill hole ATXR12 was drilled into the GBV zone demonstrating continuous gold mineralization below the outcropping mineralized quartz veinlets.

Sun Summit Intersects Longest Interval of Continuous, near Surface Gold Mineralization to Date: 87 Metres of 1.13 g/t Gold Equivalent Within 409 Metres of 0.52 g/t Gold Equivalent

Retrieved on: 
Tuesday, July 6, 2021

87 metres of 1.13 grams per tonne (g/t) gold equivalent (AuEQ) within 265 metres of 0.66 g/t AuEQ and 409 metres of 0.52 g/t AuEQ.

Key Points: 
  • 87 metres of 1.13 grams per tonne (g/t) gold equivalent (AuEQ) within 265 metres of 0.66 g/t AuEQ and 409 metres of 0.52 g/t AuEQ.
  • 409 metre interval starts at six metres down hole and represents the longest zone of continuous gold mineralization intersected on the property.
  • Based on 2020 and 2021 drilling, the mineralized system at Buck is at least 950 metres east-west by 900 metres north-south, with limits not yet defined.
  • The hole cut long intervals of breccia-hosted, sphalerite-associated, bulk tonnage-style gold mineralization highlighted by 409 metres of 0.52 g/t AuEQ (211 AuEQ gram*metres) including 265 metres of 0.66 g/t AuEQ and 87 metres of 1.13 g/t AuEQ.

Roscan Gold Intersects 18.22 gpt over 4m, and 2.02 gpt Gold over 25m at MS1, the Deepest High-Grade Intercept in Fresh Rock; 2.33 gpt over 18m at MS3 Further Expanding Footprint at Mankouke South

Retrieved on: 
Tuesday, July 6, 2021

MS1 confirms mineralization open at depth and MS3 shows potential high-grade extension to the west.

Key Points: 
  • MS1 confirms mineralization open at depth and MS3 shows potential high-grade extension to the west.
  • Additional results from the main Southern Mankouke Zone (MS1) confirm the occurrence of high-grade mineralization at depth, in the fresh rock, as demonstrated with Hole DDMan21-104B.
  • Additionally, Holes DDMan21-101 and DDMan21-107 continue to confirm the high-grade nature of MS1, showing that mineralization is a clearly defined with consistency over wide intercepts.
  • Figure 4 points to several plunging shoots at good grades that could be traced down to 130 meters depth.

Marimaca’s Roble Target Continues to Show Significant Potential

Retrieved on: 
Thursday, July 1, 2021

Roble is located less than 3km to the northeast of the Companys flagship Marimaca Oxide Deposit (MOD), and mineralization may extend over 3km of potential strike.

Key Points: 
  • Roble is located less than 3km to the northeast of the Companys flagship Marimaca Oxide Deposit (MOD), and mineralization may extend over 3km of potential strike.
  • It is highly unusual to identify an undrilled target, with extensive outcropping mineralization, in a mature copper jurisdiction like Chile.
  • For IOCG deposits, large-scale structures controlling mineralization are essential for forming more extensive systems, and we believe the indications are Roble could be a significant system.
  • Roble is located less than 3km to the northeast of the Companys flagship Marimaca Oxide Deposit (MOD), within the north-north-east trending Roble Fault System.

Tectonic Commences Diamond Drilling Program at the Tibbs Gold Project, Alaska

Retrieved on: 
Monday, June 28, 2021

VANCOUVER, BC, June 28, 2021 /PRNewswire/ - Tectonic Metals Inc. (TSXV:TECT) (OTCQB:TETOF) (FSE:T15B) (the "Company" or "Tectonic") today announced the commencement of its 2021 diamond drilling program at the Tibbs Gold Project ("Tibbs"), located in Alaska's Goodpaster Mining District.

Key Points: 
  • VANCOUVER, BC, June 28, 2021 /PRNewswire/ - Tectonic Metals Inc. (TSXV:TECT) (OTCQB:TETOF) (FSE:T15B) (the "Company" or "Tectonic") today announced the commencement of its 2021 diamond drilling program at the Tibbs Gold Project ("Tibbs"), located in Alaska's Goodpaster Mining District.
  • Tony Reda, President & CEO, commented, "The Tibbs Gold Project's 29,000 acres represent a compelling district-scale gold exploration opportunity only 35km from the world class Pogo Gold Mine.
  • Tibbs hosts some of the highest tenor gold anomalies in the Goodpaster and evidence of compelling Pogo-style vein mineralization.
  • For the first time these targets will be subject to testing with oriented core diamond drilling.

Go Metals Finds New Nickel-Copper Mineralization at Surface

Retrieved on: 
Thursday, June 24, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2021) - Go Metals Corp. (CSE: GOCO) ("Go Metals" and/or the "Company")is pleased to update exploration progress from the HSP polymetallic battery metals project in eastern Quebec.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 24, 2021) - Go Metals Corp. (CSE: GOCO) ("Go Metals" and/or the "Company")is pleased to update exploration progress from the HSP polymetallic battery metals project in eastern Quebec.
  • Massive to semi-massive sulphide mineralization occurs at surface at eight geophysical anomalies on the HSP claim.
  • The exploration program at HSP marks the first field test of Go Metals' proprietary augmented exploration tools.
  • The AI bedrock map is an important step towards accurately predicting other geological features, such as faults, prospectivity and mineralization.

Provenance Gold Announces Commencement of Drill Program at its White Rock Gold Property

Retrieved on: 
Thursday, June 17, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Provenance Gold Corp. (CSE: PAU) (FSE: 3PG) (OTCQB: PVGDF) (the "Company") announces the commencement of a drill program on its White Rock property in the northeastern corner of Elko County, Nevada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Provenance Gold Corp. (CSE: PAU) (FSE: 3PG) (OTCQB: PVGDF) (the "Company") announces the commencement of a drill program on its White Rock property in the northeastern corner of Elko County, Nevada.
  • The core of this system hosts gold mineralization that extends across an area at least 3.2 Km by 1.6 Km.
  • The Company believes the geology of the White Rock mineral system has similarities to the geology of the nearby Black Pine gold system in southern Idaho.
  • Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver resources within North America.

StraightUp Resources Files NI 43-101 Technical Report on Belanger Property

Retrieved on: 
Tuesday, June 15, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - StraightUp Resources Inc. (CSE: ST) ("StraightUp" or the "Company") is pleased to announce that it has filed an independent technical report titled, "Technical Report on the Belanger Property Northern Ontario Canada", prepared by J. Garry Clark, P.Geo.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - StraightUp Resources Inc. (CSE: ST) ("StraightUp" or the "Company") is pleased to announce that it has filed an independent technical report titled, "Technical Report on the Belanger Property Northern Ontario Canada", prepared by J. Garry Clark, P.Geo.
  • The Technical Report conforms to National Instrument 43-101 - Standards for Disclosure of Mineral Projects.
  • The Technical Report will be available for viewing on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com .
  • The Technical Report recommends a further exploration program to evaluate the potential of economic gold, with associated base metals, mineralization on the Property.