Hydrogeology

Mayfair Gold Announces Successful Completion of Fenn-Gib Geotechnical Study

Retrieved on: 
Monday, December 4, 2023

MATHESON, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology studies in support of pre-feasibility-level open-pit design for the Fenn-Gib Project.

Key Points: 
  • MATHESON, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology studies in support of pre-feasibility-level open-pit design for the Fenn-Gib Project.
  • We are now preparing to commence a pre-feasibility study, which we expect to be completed by mid-2024.”
    Mayfair Gold contracted InnovExplo Inc. to manage the geotechnical and hydrogeology campaign.
  • Mr. Evans added: “The geotechnical study confirms the potential to extend the Fenn-Gib open-pit to below 550m.
  • This is attributable to highly favorable broadly disseminated nature of the Fenn-Gib gold mineralization and the competence of the country rock.

Patriot Drills Widest Mineralized Pegmatite Intersection to Date at the Corvette Property, Quebec, Canada

Retrieved on: 
Monday, November 13, 2023

Blair Way, Company Director, President, and CEO, comments: "The Corvette Property continues to deliver, with our widest intercept to date.

Key Points: 
  • Blair Way, Company Director, President, and CEO, comments: "The Corvette Property continues to deliver, with our widest intercept to date.
  • Returned core sample assays indicating wide and high-grade pegmatite intercepts continue to be returned at CV5.
  • We would also like to thank our shareholders for their patience with reporting of analytical results this summer-fall.
  • The 172.4 m intersection is comprised of a near-continuous pegmatite interval with only 1.8 m of non-pegmatite dilution.

SPEY RESOURCES NI 43-101 CANDELA II INFERRED MINERAL RESOURCE 48KT LCE FROM 86KT OF CONTAINED LITHIUM METAL

Retrieved on: 
Tuesday, September 26, 2023

Although the Mineral Resources presented in the table above are believed to have a reasonable expectation of being extracted economically, they are not Mineral Reserves.

Key Points: 
  • Although the Mineral Resources presented in the table above are believed to have a reasonable expectation of being extracted economically, they are not Mineral Reserves.
  • The Mineral Resources presented above are not Mineral Reserves, and do not reflect demonstrated economic viability.
  • There is no certainty that all or any part of the Mineral Resource will be converted into a Mineral Reserve.
  • Spey Resources SA (“SRS”) is finalising the shareholder agreement (“Shareholder Agreement”) between AIS Resources SA (“AISSA”) and SRS for the development of the Candela II concession.

Patriot Extends Strike Length to 4.35 km at the CV5 Spodumene Pegmatite, Corvette Property, Quebec, Canada

Retrieved on: 
Monday, September 25, 2023

The CV5 Spodumene Pegmatite has now been traced continuously by drilling over a lateral distance of at least 4.35 km and remains open.

Key Points: 
  • The CV5 Spodumene Pegmatite has now been traced continuously by drilling over a lateral distance of at least 4.35 km and remains open.
  • Thirty (30) holes (~10,757 m) completed at the CV5 Spodumene Pegmatite.
  • The CV5 Spodumene Pegmatite has now been traced by drilling to within 3.15 km of the CV13 Spodumene Pegmatite (Figure 4).
  • The CV13 Spodumene Pegmatite trend extends for approximately 2.3 km as defined by outcrop and drilling in 2022.

O3 Mining Provides Update On The Marban Project In The Val-d'Or-Malartic Region

Retrieved on: 
Tuesday, June 27, 2023

The Corporations flagship project, Marban Engineering, will be re-named the Marban Alliance project, and the project previously referred to as Marban Regional, covering broader regional exploration properties, will be re-named the Horizon project.

Key Points: 
  • The Corporations flagship project, Marban Engineering, will be re-named the Marban Alliance project, and the project previously referred to as Marban Regional, covering broader regional exploration properties, will be re-named the Horizon project.
  • The Marban Engineering project becomes the Marban Alliance project, which is at the advanced Development Stage (See Figure 1 & 2).
  • O3 Mining has optimization studies underway to enhance the technical, environmental and economic aspects of the Marban Alliance project.
  • O3 Mining is convinced that the Marban Alliance project is a continuation of the rich mining history within the Val-d'Or–Malartic region.

Albemarle Becomes First Lithium Producer to Complete Independent Audit and Publish IRMA Report

Retrieved on: 
Tuesday, June 20, 2023

CHARLOTTE, N.C., June 20, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced that it achieved an IRMA 50 level of performance in an independent third-party assessment of its lithium brine extraction and concentration site in the Salar de Atacama, using the Initiative for Responsible Mining Assurance's (IRMA) comprehensive mining standard.

Key Points: 
  • This marks a new milestone for Albemarle, as it is the first lithium producer and only the third mine site globally to complete an independent audit and have its audit report published by IRMA, continuing the company's commitment to transparent and responsible management of its resources.
  • "We are proud to be the first lithium producer to complete an IRMA audit and publish our report.
  • "We congratulate the entire Albemarle team who undertook this IRMA audit," said Aimee Boulanger, Executive Director of IRMA.
  • Albemarle remains committed to carrying out an IRMA third-party audit at additional mine sites in Western Australia and the United States.

Mayfair Gold Reports 1.25 g/t Gold over 119.6m, Including 2.31 g/t Au over 51.9m from Fenn-Gib Drill Program

Retrieved on: 
Tuesday, April 11, 2023

The IP survey is currently progressing over the Footwall Zone gold trend.”

Key Points: 
  • The IP survey is currently progressing over the Footwall Zone gold trend.”
    FG22-297 intersected 1.25 grams per tonne (g/t) Gold (Au) over 119.6m, including 2.31 g/t Au over 51.9m, including 3.86 g/t Au over 15.0m;
    FG22-283 intersected 0.64 g/t Au over 277.2m, including 1.05 g/t Au over 63.2m and 2.51 g/t Au over 13.0m and 0.89 g/t Au over 32.0m;
    FG22-287 intersected 0.89 g/t Au over 12.0m, 0.46 g/t Au over 90.0m, 0.76 g/t Au over 95.9m;
    FG22-285 intersected 0.69 g/t Au over 44.5m, including 1.40 g/t Au over 15.7m, 1.05 g/t Au over 11.8m;
    FG22-279 intersected 0.62 g/t Au over 84.0m, including 0.87 g/t Au over 16.5m and 0.69 g/t Au over 45.4m, 0.98 g/t Au over 19.0m, 1.47 g/t Au over 12.8m.
  • The latest drill results continue to intersect significant gold mineralization building on the previously reported Fenn-Gib results, including: hole FG22-253 intersected 1.10 g/t Au over 366.7m from near-surface, including 4.12 g/t Au over 14.0m and 5.66 g/t Au over 16.0m, hole FG22-267 intersected 1.53 g/t Au over 133.7m, including 3.18 g/t Au over 53.4m (news release December 1, 2022); hole FG22-242 intersected 1.40 g/t Au over 65.0m, including 1.79 g/t Au over 44.6m; FG22-250 intersected 0.87 g/t Au over 311.0m, including 1.08 g/t Au over 57.0m, including 1.10 g/t Au over 99.0m and 1.36 g/t Au over 33.6m and hole FG22-254 intersected 1.12 g/t Au over 102.0m, including 2.66 g/t Au over 25.3m (news release October 13, 2022); hole FG21-148 which intersected 101.0m at a grade of 0.88 g/t Au, including 51.7m at a grade of 1.16 g/t Au; hole FG21-149 intersected 101.9m at a grade of 0.75 g/t Au, including 18.0m at a grade of 1.77 g/t Au; hole FG21-150 intersected 65.5m at a grade of 1.18 g/t Au, including 10.0m at a grade of 4.24 g/t Au (news release July 27, 2021); hole FG21-153 intersected 233.0m at a grade of 1.05 g/t Au, including 84.0m at a grade of 1.83 g/t Au, and also including 25.5m at a grade of 4.70 g/t Au (news release August 17, 2021).
  • Hole FG21-190 intersected 0.59 g/t Au over 158.0m, including 1.07 g/t Au over 34.0m, hole FG21-217C intersected 0.77 g/t Au over 184.5m, including 0.98 g/t Au over 62.0m, and including 1.31 g/t Au over 18.8m, and hole FG22-223 intersected 1.21 g/t Au over 112.1m, including 3.04 g/t Au over 31.5m (news release June 08, 2022).
  • Hole FG22-291 intersected 1.06 g/t Au over 163.1m, including 2.92 g/t Au over 23.2m; hole FG22-240 intersected 13.2 g/t Au over 1.5, 0.80 g/t Au over 96.0m, including 1.71 g/t Au over 29.0m, 43.70 g/t Au over 1.5m and 6.14 g/t Au over 3.2m; and hole FG22-276A intersected 20.93 g/t Au over 1.0m, 0.78 g/t Au over 187.5m, including 1.26 g/t Au over 77.9m (news release March 29, 2023.

NICKEL CREEK PLATINUM EXTENDS HIGH GRADE NICKEL-COPPER-PGE MINERALIZATION AT ARCH TARGET - DRILLS 2.57% Ni, 1.61% Cu AND 2.35 g/t TPM OVER 3.84 m

Retrieved on: 
Tuesday, April 11, 2023

The drilling at Arch was successful in extending massive to disseminated Ni-Cu sulphide mineralization at depth and along strike from holes drilled in 2021.

Key Points: 
  • The drilling at Arch was successful in extending massive to disseminated Ni-Cu sulphide mineralization at depth and along strike from holes drilled in 2021.
  • "We have demonstrated the continuity of sulphide mineralization at the Arch Target including its significant Nickel, Copper, Precious Metals and Sulphur grades.
  • This target occurs at shallow depths and is currently being assessed to determine if a maiden inferred resource can be outlined here."
  • A cut-off grade of 1.0% Ni was applied for the massive sulphide and 0.25% Ni for the disseminated sulphide.

SPEY RESOURCES CORP. 2023 EXPLORATION PLAN UPDATE AT INCAHUASI SALAR

Retrieved on: 
Wednesday, March 15, 2023

Vancouver, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company"), further to its January 16, 2023 news release, is pleased to provide an update on the progress of the exploration plan and diamond hole drilling (DDH) work in respect of its Incahuasi Salar property, Candela II, where five DDH wells were drilled in 2021.

Key Points: 
  • Vancouver, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company"), further to its January 16, 2023 news release, is pleased to provide an update on the progress of the exploration plan and diamond hole drilling (DDH) work in respect of its Incahuasi Salar property, Candela II, where five DDH wells were drilled in 2021.
  • Figure 1 Map showing MT lines, and Ganfeng wells 9.8km to the north of the salar.
  • Figure 2 A Ganfeng drill hole which has brine coming up under salar pressure, and the access road to DDH 3,4 and 5.
  • Scientific and technical information relating to the Incahuasi Salar property is supported by the technical report titled "Technical Report for the Incahuasi Salar Lithium Concession, Salta Province, Argentina", dated June 10, 2022 (the “Technical Report"), and prepared by Michael J. Rosko for Spey.

LithiumBank’s Park Place Hydrogeological Study Reports Largest Contiguous Lithium-Rich Brine Project by Volume in North America

Retrieved on: 
Monday, February 27, 2023

Currently the largest reported lithium-rich brine project, by volume, in North America held by a single operator.

Key Points: 
  • Currently the largest reported lithium-rich brine project, by volume, in North America held by a single operator.
  • Leduc Formation brine sample, collected in December 2022 from Park Place, reported 77.2 mg/L lithium ( News Release Jan. 17, 2023 ).
  • The recently completed hydrogeological study indicates that PPLP hosts the largest lithium-bearing brine, by volume, held by a single operator in North America at 76.3 km3 of brine (76.3 B m3).
  • “We are very proud to report the largest reported lithium brine project by volume in North America.