Shear zone

Golden Goliath to Start Drilling at New Gold Bearing Shear Zone on Kwai Property, Red Lake, Ontario

Retrieved on: 
Wednesday, July 7, 2021

The drill is on route to the property today (July 7) and should start coring on July 9 or 10.

Key Points: 
  • The drill is on route to the property today (July 7) and should start coring on July 9 or 10.
  • The program will start with 6 holes on the IP anomaly trend on the south side of Beauregard Lake, where hole K-21-21 intersected anomalous gold in a shear zone.
  • This gold intersection occurs east of the west grid gold-in-basal- till anomalies and lie within a possible source area for the high gold grain counts in the tills (Figure 3).
  • The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario.

Clarity Gold Reports High Grade Gold Intercepts Including 2.10 m of 18.64 gpt Au

Retrieved on: 
Wednesday, June 16, 2021

Samples containing visible gold or which returned over 2.0 g/t Au were analyzed by metallic screen fire assay.

Key Points: 
  • Samples containing visible gold or which returned over 2.0 g/t Au were analyzed by metallic screen fire assay.
  • The Company has established a QA/QC program consisting of inserting quality control (QC) samples at regular intervals in the sample stream, including blanks, duplicates, and reference materials.
  • Gold mineralization occurs in high-grade quartz veins within shear zones starting at 15 m below surface.
  • To learn more about Clarity Gold Corp. and its projects please visit www.claritygoldcorp.com.

Nevada Canyon Acquires the Agai-Pah Project

Retrieved on: 
Wednesday, May 19, 2021

The Property is within the Walker Lane shear zone, a 60-mile-wide structural corridor extending in a southeast direction from Reno, Nevada.

Key Points: 
  • The Property is within the Walker Lane shear zone, a 60-mile-wide structural corridor extending in a southeast direction from Reno, Nevada.
  • Historical sampling on the project has revealed the presence of silver, copper, gold, lead, zinc, barium and barite.
  • The Purchase Price can be paid in either cash and/or equity of Nevada Canyon, or a combination thereof, at the election of the Vendor.\nThe Agai-Pah property contains numerous historical workings both underground and on surface.
  • These factors clearly demonstrate the exceptional potential of this relatively unexplored project for new discoveries of significant mineralization on several exploration targets in multiple zones.\n'

Cross River Begins Phase 1 Field Work at the Manitou Gold Project, NW Ontario, Canada

Retrieved on: 
Thursday, May 13, 2021

This Phase 1 field campaign will focus on assessing gold-bearing structures along strike and parallel to historic high-grade gold occurrences, within broad NE trending shear zones that transect the property.

Key Points: 
  • This Phase 1 field campaign will focus on assessing gold-bearing structures along strike and parallel to historic high-grade gold occurrences, within broad NE trending shear zones that transect the property.
  • The field team will evaluate mineralization styles and potential strike extensions, collect samples and field data for analysis, and consider exploration techniques for follow-up property work (e.g.
  • 1m at 3.36 g/t Au; Manitou Gold, 2011; Riives, 2003; St. Joes Canada; 1983).
  • The Company controls a multiple project portfolio (over 28,000 hectares) in NW Ontario, Canada, with highly prospective ground in and among prolific, gold bearing greenstone belts.

Bonterra Improves Mineralized Continuity and Expands Gold Bearing Structure to the East at Barry

Retrieved on: 
Monday, March 1, 2021

In addition, work on the the Preliminary Economic Assessment ("PEA") is currently underway and is expected to be completed in the fall of 2021.

Key Points: 
  • In addition, work on the the Preliminary Economic Assessment ("PEA") is currently underway and is expected to be completed in the fall of 2021.
  • Pascal Hamelin, CEO commented: "The results from infill drilling on the northern upper portion of the Barry deposit and expansion drilling at the eastern extension are very promising.
  • Gold mineralization consists of disseminated sulfides within the shear zones and the veins with local visible gold.
  • The Barry deposit has been delineated over 1 kilometer along strike and 600 m vertical and remains open for expansion.

Walker Announces Exploration Program Update From the Lapon Gold Project

Retrieved on: 
Wednesday, February 10, 2021

The Lapon Gold Project consists of 147 claims (2940 acres) situated in the Wassuk Range, within the Walker Lane shear zone, a 100 km wide structural corridor extending in a southeast direction from Reno, Nevada.

Key Points: 
  • The Lapon Gold Project consists of 147 claims (2940 acres) situated in the Wassuk Range, within the Walker Lane shear zone, a 100 km wide structural corridor extending in a southeast direction from Reno, Nevada.
  • The Lapon Gold Project includes Lapon Canyon, the Pikes Peak claims located 4 kilometres to the north, and the Rattlesnake and Range Front claims 3 kilometres to the west and over 600 meters lower than the present drilling at Lapon Canyon.
  • Lapon Canyon hosts historical high grade gold mining with approximately 2000 feet of undergoing workings in three adits.
  • The present drill program at the Lapon Gold project will consist of systematic drilling on section for geological modelling purposes, as well as exploration drilling to discover new gold mineralization and extend known gold mineralization.

2020 Year in Review – Advancing Buckreef

Retrieved on: 
Wednesday, January 20, 2021

Continued exploration through the Phase III drilling program, which has indicated the Buckreef deposit is open at depth.

Key Points: 
  • Continued exploration through the Phase III drilling program, which has indicated the Buckreef deposit is open at depth.
  • Discovered an additional gold bearing shear zone at surface approximately 1 kilometer to the west of the main Buckreef Shear Zone.
  • Appointed on December 1st, 2020, Mr. Stephen Mullowney, CPA, CA, CFA as Chief Executive Officer (CEO) of Tanzanian Gold Corporation.
  • TanGold and Stamico, working together submitted an updated mine plan for Buckreef to the Mining Commission in Tanzania.

Valorem Acquires Wing Shear Property in Newfoundland

Retrieved on: 
Tuesday, January 5, 2021

The Property is subject to a 2% royalty (NSR) with an option to buy back 1.5% for $1 million.

Key Points: 
  • The Property is subject to a 2% royalty (NSR) with an option to buy back 1.5% for $1 million.
  • The gold trend is shear zone hosted (the Wings Pond Shear Zone) and previous historic sampling is reported with assay results up to 12.2 g/t Au from grab samples.
  • The Wings Shear Property has values from grab samples of up to 12.2 g/t Au.
  • Situated in the Gander Tectono-Stratigraphic Geological Zone, the Property is underlain by the Indian Bay Big Pond and the Johnathans Pond formations.

Orea Intersects Wide Mineralized Shear Zones at the Maripa Gold Project, French Guiana, France

Retrieved on: 
Thursday, November 12, 2020

The drilling has confirmed a 450-meter wide NNW-trending deformation corridor defined by 3 major shear zones cutting intermediate volcanic assemblages of the Paramaca Formation.

Key Points: 
  • The drilling has confirmed a 450-meter wide NNW-trending deformation corridor defined by 3 major shear zones cutting intermediate volcanic assemblages of the Paramaca Formation.
  • The mineralized shear zones are being prioritized for sampling and gold assaying.
  • The promising Filon Dron prospect is one of the five partially drill-defined gold zones at Maripa.
  • The geological setting at Maripa is similar to the Rosebel gold mine (15.2 Moz gold) in Suriname.

Tectonic Metals Drills Multiple Gold Bearing Structures at Seventymile Gold Project, Including 2.07 g/t Au Over 6.10m Within a Newly Defined Multi-Kilometre-Scale Shear Zone

Retrieved on: 
Thursday, November 12, 2020

Drilling at Flanders has identified structurally controlled gold mineralization hosted by interpreted shear zones found at steeply south-dipping rock contacts (the Flanders Shear Zone).

Key Points: 
  • Drilling at Flanders has identified structurally controlled gold mineralization hosted by interpreted shear zones found at steeply south-dipping rock contacts (the Flanders Shear Zone).
  • Extensive alteration of the mafic tuff and surrounding sediment is found in areas of gold mineralization, with gold spatially associated with the mafic tuff.
  • Hole SMRB20-025 was drilled to test the western portion of the tension vein system as an infill hole on 25m spacing.
  • Drilling confirmed an interpreted shear zone at the contact between the southern volcaniclastic assemblage and Seventymile Terrane mafic rocks, as observed at the Flanders Shear Zone.