Mineralization

C3 Metals Confirms High Grade Cu-Au Mineralization at Jasperoide Project, Peru

Retrieved on: 
Tuesday, May 25, 2021
Physical sciences, Chemistry, Mineralization, Drill, Copper, Metal, Minerals

Drill Program Expanded to 10,000 Metres

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - May 25, 2021) - C3 Metals Inc. (TSXV: CCCM) ("C3 Metals" or the "Company") is pleased to announce first assay results from its drill program at the Jasperoide Copper-Gold Project in southern Peru.
  • Results from seven holes on the first drill section intersected broad zones of high-grade copper-gold mineralization within a larger low-moderate grade envelope.
  • C3 Metal's drill program is the first exploration program undertaken at Jasperoide since 2012.
  • As a result, the Company has high confidence in the copper-gold mineralization having a 450m lateral extent on section JAS2650.

Aurania Reports Elevated Silver-Zinc Has Been Discovered in Outcrop over 2.7 Kilometres at Tiria-Shimpia

Retrieved on: 
Friday, May 21, 2021
Physical sciences, Chemistry, Natural sciences, Zinc, Mineralization, Andes

Within the 2.7km mineralized zone, there is a 500 metre ("m") segment of high-grade material with silver up to 73 grams per tonne ("g/t") and zinc up to 49% (Figure 1).

Key Points: 
  • Within the 2.7km mineralized zone, there is a 500 metre ("m") segment of high-grade material with silver up to 73 grams per tonne ("g/t") and zinc up to 49% (Figure 1).
  • A third level of mineralization has been found to the west with the discovery of low-grade outcrop that returned up to 2% zinc.
  • Aurania\'s analysis of results from its independent QAQC samples showed the batches reported on above, lie within acceptable limits.
  • Its flagship asset, The Lost Cities - Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.\n'

Bayhorse Silver Extends Silver Zone to South, Uncovers Significant Stockpile of Mined Rock in Upper Historical Stopes

Retrieved on: 
Thursday, May 20, 2021
Physical sciences, Natural sciences, Chemistry, Mineralization, Antimony, Biomineralization, Ore, Mining

b'When opening the historically mined upper stopes, a significant amount of historic mineralized muck was discovered.

Key Points: 
  • b'When opening the historically mined upper stopes, a significant amount of historic mineralized muck was discovered.
  • I am also pleased to see increased ore-sorter recovery due to more intense mineralization in the mined material.
  • I am further gratified that not only does the price of silver remain elevated, boding well for the future prospects, but prices are also rising for both Copper ($4.65/lb) and Antimony, ($3.65/lb) that constitute 20% - 25% of our resultant concentrate.
  • The Company has an experienced management and technical team with extensive mining expertise surrounding exploration and building mines.\nTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/84580\n'

Aurelius Minerals Continues to Intersect Extensive Near Surface Gold at Aureus West - 61.3m at 1.33 g/t Gold Including 0.6m at 50.60 g/t Gold and 0.8m at 34.00 g/t Gold, and Provides Summary of Aureus West 4,600m Phase 1 Drilling Program

Retrieved on: 
Thursday, May 20, 2021
Physical sciences, Chemistry, Chemical elements, Gold, Drilling, Mineralization, Aureus, Orex Exploration

The four holes were drilled from the second and third pads of the Phase One program.

Key Points: 
  • The four holes were drilled from the second and third pads of the Phase One program.
  • All holes intersected strongly mineralized broad intervals of near surface gold mineralization.
  • The Aureus West Gold Project is located approximately one kilometre south of the Aureus East Gold Project.
  • Historical drilling indicates that the Aureus West gold mineralization continues for over 1.9km toward the west, and historical surface trenches evidence visible gold approximately 5.8km along strike to the south-west of the 2020 drilling program.

Flow Metals Prepares for Sixtymile Drilling

Retrieved on: 
Thursday, May 20, 2021
Branches of biology, Cognition, Natural sciences, Mineralization, MITACS, Geologist, Biomineralization, Flow

b'Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Flow Metals Corp. (CSE: FWM) ("Flow Metals" or the "Company") is pleased to announce preparations for a drill program at the Sixtymile Project.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Flow Metals Corp. (CSE: FWM) ("Flow Metals" or the "Company") is pleased to announce preparations for a drill program at the Sixtymile Project.
  • They will be focusing on structural controls of mineralization at the company\'s Sixtymile gold project in the Yukon.\nScott Sheldon, CEO of Flow Metals, comments: "We are excited to start drilling the high-grade zones that we discovered last year and to have highly qualified geologists help us integrate all our data through the Mitacs program.
  • This work will help identify the controls for mineralization on our Sixtymile tenure as well as in the region.
  • The regional data set will also allow us to evaluate new prospective ground in the Sixtymile District.

Great Bear Provides First Detailed High-Grade Long Section, Drills 22.79 g/t Gold Over 4.80 metres from Bedrock Surface, and Reaches 300 Reported LP Fault Drill Holes

Retrieved on: 
Wednesday, May 19, 2021
Mineralization

These mineralization styles are also typical of the significant mined deposits of the Red Lake district.\nHigh-grade disseminated gold with broad moderate to lower grade envelopes (LP Fault).

Key Points: 
  • These mineralization styles are also typical of the significant mined deposits of the Red Lake district.\nHigh-grade disseminated gold with broad moderate to lower grade envelopes (LP Fault).
  • High-grade gold mineralization is controlled by structural and geological contacts, and moderate to lower-grade disseminated gold surrounds and flanks the high-grade intervals.
  • Pulps from approximately 5% of the gold mineralized samples are submitted for check analysis to a second lab.
  • Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/great-bear-provides-first-detail...\nSOURCE Great Bear Resources Ltd.\n'

Pegasus Resources Announces Long-Wave Infrared (LWIR) Interpretation Study on Millionara Property

Retrieved on: 
Tuesday, May 18, 2021
Economic geology, Mineralogy, Mineralization, Lode

The Property consists of 33 unpatented federal lode claims covering approximately 630 acres (255 hectares).

Key Points: 
  • The Property consists of 33 unpatented federal lode claims covering approximately 630 acres (255 hectares).
  • Pegasus has the option to earn 100% of the Property through an option agreement dated March 24, 2021.\nDIRT Exploration of Cape Town, South Africa have been engaged to complete a long-wave infrared (LWIR) interpretation over the Millionara Property.
  • The structure has created the broadest area of mineralization on the Property, with several wide and unconstrained gold-bearing intervals.
  • A qualified person has not done sufficient work to classify the estimates as current resources, and the mineral resources on neighbouring properties are Not necessarily indicative of the mineralization on the Millionara Property.

Metals Creeks' Option Partner General Gold Resources Fully Permitted for Drilling, Mobilizes Rigs on Clark's Brook Property, Newfoundland

Retrieved on: 
Tuesday, May 18, 2021
Natural sciences, Branches of biology, Physical sciences, Mineralization, Biomineralization

The Clark\'s Brook property is comprised of 31 claim units in central Newfoundland and surrounded on three sides by the Queensway Project (see map below), currently being explored and drilled by New Found Gold Corp.\nThe Clarks\' Brook property is under option from Metals Creek.

Key Points: 
  • The Clark\'s Brook property is comprised of 31 claim units in central Newfoundland and surrounded on three sides by the Queensway Project (see map below), currently being explored and drilled by New Found Gold Corp.\nThe Clarks\' Brook property is under option from Metals Creek.
  • In order to maintain the Option Agreement in good standing, General Gold must issue an aggregate of 1,500,000 common shares of General Gold (200,000 received) and make cash payments totaling $225,000 ($50,000 received) over a three-year period.
  • Our current program is fully funded and will follow up on the successes of the previous drill campaigns undertaken in 2017-2019.
  • The underlying bedrock contains less mineralization and silicification with smaller and less concentrated vein material but still carries gold mineralization to 1.3g/t gold.

Golden Sky Minerals Corp. takes advantage of surging copper prices by acquiring the prospective Rayfield Copper-Gold Property in the Quesnel Trough, south-central British Columbia

Retrieved on: 
Tuesday, May 18, 2021
Rayfield, Mineralization, Rayfiel

With the acquisition of the ~505-hectare Rayfield 001 and ~80-hectare Owen properties, Golden Sky has consolidated its Rayfield Property.

Key Points: 
  • With the acquisition of the ~505-hectare Rayfield 001 and ~80-hectare Owen properties, Golden Sky has consolidated its Rayfield Property.
  • Both properties are located within the staked boundary of the Rayfield Property, which will be 100% owned by Golden Sky with no underlying royalties once the purchase agreements are complete (see \xe2\x80\x9cTransaction Details\xe2\x80\x9d).
  • Mineralization in several historic drillholes extends from surface to end of hole, which suggests that the mineralized porphyry system remains open to depth.
  • Importantly, due to the shallow response of the survey (limited to ~125 m depth), these anomalies are interpreted to remain open to depth.

Silver Sands Resources Phase II Drilling Discovers New High-Grade Zone at Ely Central at the Virginia Silver Project

Retrieved on: 
Monday, May 17, 2021
Geology, Earth sciences, Metamorphic rocks, Mineralogy, Economic geology, Breccia, Academic disciplines, Clastic rock, Mineralization

Hole EN-DDH-001 was collared 70m north of the Ely North conceptual resource open pit and intersected highly anomalous silver mineralization within a fault zone between 30-50m downhole.

Key Points: 
  • Hole EN-DDH-001 was collared 70m north of the Ely North conceptual resource open pit and intersected highly anomalous silver mineralization within a fault zone between 30-50m downhole.
  • This fault zone hosts repetitive zones of silica hematite matrix breccia with matrix supported quartz clasts with a range of silver values between 66 and 91 g/t silver with an overall average of 75 g/t silver.
  • Previous holes VG-125 lies 55m southeast where drilling encountered 0.5m at 272 g/t silver.
  • Several of these structures have highlight silver values in excess of 1,000 g/t Ag and have a high probability of hosting additional silver resources.