Abitibi greenstone belt

Archer Exploration Provides 2024 Winter Drilling Results at Grasset Nickel Project

Retrieved on: 
Friday, March 22, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 22, 2024) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce the results of its 2024 Winter Exploration Program at the 100% owned Grasset Nickel Project ("Grasset") in the Abitibi Greenstone Belt of Quebec, Canada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 22, 2024) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce the results of its 2024 Winter Exploration Program at the 100% owned Grasset Nickel Project ("Grasset") in the Abitibi Greenstone Belt of Quebec, Canada.
  • "As our technical team persists in exploring and defining the boundaries of the Grasset Deposit, we remain highly encouraged from the successes of our fall and winter drilling campaigns.
  • We are particularly enthusiastic about future drilling as we focus on the H1X Discovery Zone at depth and towards the southeast, an area devoid of any historical drilling or exploration along the Sunday Lake Fault."
  • The 2024 Winter Program consisted of three diamond drill holes totaling 1,323 metres of drilling.

Consolidated Lithium Announces Vallée JV Intersects 1.04% Li2O over 7.15 m

Retrieved on: 
Thursday, February 15, 2024

The 2023 summer drilling program succeeded at tracing lithium-bearing pegmatite mineralization associated with the adjacent NAL operating lithium mine across the entire width of the Vallée JV property (the “JV Property”) from northwest to southeast (see Figure 2).

Key Points: 
  • The 2023 summer drilling program succeeded at tracing lithium-bearing pegmatite mineralization associated with the adjacent NAL operating lithium mine across the entire width of the Vallée JV property (the “JV Property”) from northwest to southeast (see Figure 2).
  • The 2023 program extended the Core Pegmatite 700 m to the southeast from the area defined by CLM’s 2021 and 2022 drilling programs.
  • The Company’s East Vallée project is located immediately adjacent to the JV Property (see Figures 2 and 3).
  • The East Vallée project overlies an additional 5 km of the Vallée Lithium Trend that has never been drill-tested for lithium (see Figure 2).

Archer Exploration Commences 2024 Winter Drilling Campaign at Grasset Nickel Project

Retrieved on: 
Wednesday, January 31, 2024

Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce that drilling has commenced for the 2024 Winter Exploration Program at the 100% owned Grasset Nickel Project ("Grasset") in the Abitibi Greenstone Belt of Quebec, Canada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce that drilling has commenced for the 2024 Winter Exploration Program at the 100% owned Grasset Nickel Project ("Grasset") in the Abitibi Greenstone Belt of Quebec, Canada.
  • The 2024 Winter Program will consist of three to four diamond drill holes and up to 2,000 metres of drilling.
  • The primary objectives of the Winter 2024 Exploration Program are to test the new geophysical anomaly, N9, approximately two kilometres northeast of the Grasset Deposit and further exploration of the high-grade H1 Discovery Zone.
  • To facilitate further exploration of the H1 Discovery Zone, time-domain large-loop down-hole surveys will be conducted in holes GR23-07 and GR23-08.

Archer Exploration Extends Mineralization to Depth in H1 Discovery Zone of Grasset Nickel Project

Retrieved on: 
Wednesday, January 17, 2024

"Drilling the South-East extension of the H1 mineralized zone at depth continues to provide very interesting results, with nickel grades higher than the H1 Indicated Resource grade of 0.82%" commented Jacquelin Gauthier, Archer's VP of Exploration.

Key Points: 
  • "Drilling the South-East extension of the H1 mineralized zone at depth continues to provide very interesting results, with nickel grades higher than the H1 Indicated Resource grade of 0.82%" commented Jacquelin Gauthier, Archer's VP of Exploration.
  • Hole GR23-07 intersected the H1 zone at a depth of 430 metres, 100 metres below the high-grade intercept of hole GR23-03 (Figures 2 and 3).
  • Hole GR23-08 cut the H1 horizon 60 metres south-east of hole GR23-07, at a depth of 420 metres.
  • The results of the last two holes of 2023 confirmed the extension of the H1 mineralization at depth under discovery hole GR23-03, with nickel grades higher than the Indicated Resource grade of the H1 horizon of 0.82%.

Plato Gold Announces Results of 2-Hole Drill Program on the Marriott Gold Property, Matheson, Ontario

Retrieved on: 
Thursday, January 25, 2024

The highest-grade result from the drill program was intersected in an IP anomaly in hole GH95-105.

Key Points: 
  • The highest-grade result from the drill program was intersected in an IP anomaly in hole GH95-105.
  • In 2005, Plato conducted a diamond drill program on its Marriott Property.
  • Next steps for Plato Gold are to follow up the 2023 drill program with another drill program with deeper holes along the same geophysics’ anomalies and geology units.
  • No significant gold was found in both drill holes however typical characteristics pf gold deposits indicate that gold has the potential to occur at depth on the Property.

Abcourt Closes a Third Tranche of the Private Placement of Units Previously Announced, for an Additional Amount of $209,000

Retrieved on: 
Friday, November 17, 2023

ROUYN-NORANDA, Quebec, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces that it has completed a third tranche of the non-brokered private placement announced on August 31, 2023, for additional gross proceeds of $209,000, representing 5,225,000 units of the Corporation (“Units”) at a price of $0.04 per Unit (the "Offering"). In the aggregate, total gross proceeds of the Offering are of $2,330,150.

Key Points: 
  • In the aggregate, total gross proceeds of the Offering are of $2,330,150.
  • Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”).
  • Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.05 for a period of 36 months.
  • The Offering remains subject to final approval of the Exchange.

Plato Gold Commences Drill Program on Marriott Gold Property, Matheson, Ontario

Retrieved on: 
Tuesday, November 7, 2023

Toronto, ON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Plato Gold Corp. (TSX-V: PGC) (OTCQB: NIOVF) (Frankfurt: 4Y7 or WKN: A0M2QX) (“Plato” or the “Company”) is pleased to announce that it has commenced a drill program on Marriott Gold Property, Matheson, Ontario.

Key Points: 
  • Toronto, ON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Plato Gold Corp. (TSX-V: PGC) (OTCQB: NIOVF) (Frankfurt: 4Y7 or WKN: A0M2QX) (“Plato” or the “Company”) is pleased to announce that it has commenced a drill program on Marriott Gold Property, Matheson, Ontario.
  • The drill program will consist of 450 m and 2 drill holes on exploration targets based on prospective geology and geophysics (Figure 1).
  • The proposed drill holes were selected based on geophysics and geology characteristics of Abitibi gold deposits:
    Same stratigraphic unit as the historic Harker gold mine and Iris gold mine.
  • The proposed drill holes have the same regional gravity high signature as the historic Harker gold mine and Iris gold mine.

Rockridge Commences Follow-Up Drilling at its High-Grade Raney Gold Project and Reports Final Assay Results From its Summer Drilling Program

Retrieved on: 
Tuesday, October 31, 2023

Additionally, the Company has received assay results for the final four holes from its 2,020 metre summer diamond drilling program.

Key Points: 
  • Additionally, the Company has received assay results for the final four holes from its 2,020 metre summer diamond drilling program.
  • Rockridge has commenced a fully-funded, additional phase of drilling to follow-up on the recently completed summer drilling campaign at the high-grade Raney Gold Project.
  • Raney Gold Project History and Previous Diamond Drilling:
    In 2020, Rockridge completed just over 5,000m of drilling in twenty drill holes.
  • Prior to Rockridge’s drilling, historical drilling at the Raney Gold Project focused on identifying near-surface gold mineralization.

Rockridge Discovers High-Grade Gold 250m West of Main Zone; Intersects 2.4 g/t Au over 7.5m and 11.7 g/t Au over 1.0m at the High-Grade Raney Gold Project

Retrieved on: 
Tuesday, October 17, 2023

Drill hole RN 23-22 returned 2.4 g/t gold over 7.5m starting at 249m, including 11.7 g/t gold over 1.0m from 251m.

Key Points: 
  • Drill hole RN 23-22 returned 2.4 g/t gold over 7.5m starting at 249m, including 11.7 g/t gold over 1.0m from 251m.
  • The project hosts robust discovery upside potential and warrants more drilling to continue testing and delineating these zones of gold mineralization.
  • Hole RN-23-21 was collared approximately 250m west of the Raney main zone, testing the structural extension of the alteration system.
  • Raney Gold Project History and Previous Diamond Drilling:
    In 2020, Rockridge completed just over 5,000m of drilling in twenty drill holes.

Abcourt Closes a Second Tranche of the Private Placement of Units Previously Announced, for an Additional Amount of $538,400

Retrieved on: 
Thursday, October 12, 2023

ROUYN-NORANDA, Quebec, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces that it has completed a second tranche of the non-brokered private placement announced on August 31, 2023, for additional gross proceeds of $538,400, representing 13,460,000 units of the Corporation (“Units”) at a price of $0.04 per Unit (the "Offering").

Key Points: 
  • Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”).
  • Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.05 for a period of 36 months.
  • The Offering and the Royalty Payment remain subject to final approval of the Exchange.
  • This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.