Pyrite

Benz Mining: Electro-Magnetics Extend Mineralised Trends to the East, Confirmed by Visible Gold in Drilling

Wednesday, May 5, 2021 - 1:30pm

The claims are numbered 1133433 to 1133583 consecutively plus claim 104458.

Key Points: 
  • The claims are numbered 1133433 to 1133583 consecutively plus claim 104458.
  • All of the claims are located within NTS sheet 33A 08.\nThe former Mine Lease BM 817 was issued on January 10, 1995 and expired in 2015 after a 20-year term.
  • This former Mine Lease was converted to Industrial Lease 00184710000 on September 1, 2015 and contains all normal surface rights.
  • In order of decreasing abundance, sulphides consist of pyrrhotite, pyrite, and chalcopyrite, with minor sphalerite, magnetite and molybdenite.

Northstar Intersects Near-Surface High-Grade Gold (1,010 g/t Au over 0.5m and 193 g/t Au over 0.6m) at Miller Gold Property

Tuesday, May 4, 2021 - 1:30pm

Vein 2 was encountered in drill hole MG21-56 between approximately 13m and 24m depth (9 metres true width) with abundant quartz stringers and pyrite.

Key Points: 
  • Vein 2 was encountered in drill hole MG21-56 between approximately 13m and 24m depth (9 metres true width) with abundant quartz stringers and pyrite.
  • Vein 3 was intercepted between approximately 57m to 80m depth (18 metres true width) in drill hole MG21-56.
  • Metallic screening will be performed on 16 samples from holes MG21-55 and MG21-56 associated with core intervals hosting coarse visible gold or gold tellurides.
  • which may cause actual results, performance or achievements of Northstar Gold Corp to be materially different from the results, performance or expectation implied by these forward-looking statements.

Heliostar Samples 390 g/t Silver at Cumaro Project, Sonora, Mexico

Tuesday, April 6, 2021 - 11:30am

Anomalous silver values greater than 1 g/t in eleven samples in an anomalous zone covering an area of 500 by 600m.

Key Points: 
  • Anomalous silver values greater than 1 g/t in eleven samples in an anomalous zone covering an area of 500 by 600m.
  • Heliostar geologists have identified an anomalous silicified structure with pyrite that returned a 1-metre channel sample grading 390 g/t silver and which remains open to expand.
  • Heliostar Exploration VP, Sam Anderson, commented, "We are excited by the silver results from the start of the Cumaro sampling and mapping campaign.
  • In Mexico, the company owns 100% of three early stage epithermal projects in Sonora that are highly prospective for gold and silver.

DLP Resources Announces Exploration Update of Drilling on the DD Project - Strong Hydrothermal Alteration Intersected in the Sullivan Horizon in DD21-01

Thursday, April 1, 2021 - 11:00am

Strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite was intersected in the hole from 1452.46m to 1550m.

Key Points: 
  • Strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite was intersected in the hole from 1452.46m to 1550m.
  • Weak pyrrhotite (FeS), chalcopyrite (CuFeS2) and trace pyrite (FeS2) occur through the alteration zone with a late gabbro sill from 1498m to 1503.57m.
  • Strong sericite-silica alteration and yellow-brown phengite visible in the altered Sullivan horizon confirms hole DD21-01 is still distal from a mineralized source.
  • Ian Gendall, President of DLP commented: "DD21-01 confirmed that the hydrothermal system responsible for the strong alteration once again seen at the Sullivan Horizon extends to the North of the DD property.

Capstone to Advance Cobalt Project at Santo Domingo to Feasibility; Opportunity to Build a Vertically Integrated Cobalt Business in Chile

Thursday, March 25, 2021 - 10:35am

Approximately 840,000 tonnes per year of pyrite containing 0.6% cobalt and 0.4% copper is expected to be recovered at this step.

Key Points: 
  • Approximately 840,000 tonnes per year of pyrite containing 0.6% cobalt and 0.4% copper is expected to be recovered at this step.
  • The concentrate is fed through a five-stage process consisting of roasting, leaching, copper precipitation, cobalt solvent extraction and crystallization to yield battery-grade cobalt sulfate heptahydrate.
  • The Santo Domingo concentrator is expected to commence construction in late 2021, with first year of operation in 2024.
  • In addition, Capstone owns 100% of Santo Domingo, a large scale, fully-permitted, copper-iron-gold project in Region III, Chile, as well as a portfolio of exploration properties.

Grande Portage Continues to Expand Mineralized Zones to the East and at Depth on Its Herbert Gold Project In S.E. Alaska

Wednesday, March 24, 2021 - 1:30pm

The first ever drill hole into the Elusive vein intersected 1.78 m showing 4.46 g/t Au in a shear zone approximately 2 m wide.

Key Points: 
  • The first ever drill hole into the Elusive vein intersected 1.78 m showing 4.46 g/t Au in a shear zone approximately 2 m wide.
  • Despite the paucity of quartz in this zone, it showed strong chlorite/sericite alteration, arsenopyrite, pyrite, and even a small visible flake of gold.
  • This intersection occurs near the eastern limits of drilling at a depth of 140 m below the surface.
  • Please click the following link to reference longitudinal and vertical cross sections associated with the 2020 drill program: Herbert Gold Project | Grande Portage Resources Ltd.

Freeman Expands Shallow High-Grade Oxide Gold Mineralizaton at Lemhi: 0.9 g/t Au over 174.2 metres Including 3.9 g/t Au over 18.5 metres

Thursday, March 11, 2021 - 2:08pm

We have now received assay results, which have exceeded expectations, for half of the holes drilled by Freeman.

Key Points: 
  • We have now received assay results, which have exceeded expectations, for half of the holes drilled by Freeman.
  • We now have confirmed that gold mineralization continues at depth and will be working on follow up work to maximize this discovery."
  • The mineralized zones have varying amounts of sulphides (pyrite, chalcopyrite, bornite, molybdenum, and occasionally arsenopyrite) where free gold is common.
  • Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Lemhi Project").

Drilling at Del Norte Indicates 2128.48 g/t Ag eq over 2.46m (Within an Interval Grading 221.03 g/t Ag eq over 34.09m)

Thursday, March 11, 2021 - 1:00pm

The greatest success came in the realization that the Argo zone is a separate mineral system carrying appreciable gold-silver values with robust widths up to 30-50m.

Key Points: 
  • The greatest success came in the realization that the Argo zone is a separate mineral system carrying appreciable gold-silver values with robust widths up to 30-50m.
  • The deformation corridor, is composed of argillites and lapilli tuffs, brecciated and sheared with quartz-carbonate-sulphide cemented breccias, replacement zones and veins.
  • Breccia fragments, composed mostly of argillite are very angular ranging in size from less than 1 cm to 10 cm across.
  • Mineralized zones host sulphides including pyrite, sphalerite, galena and tetrahedrite mineralization along with sections mineralized by fine acicular arsenopyrite.

Drill Program Update for Golden Goliath's Kwai Project, Red Lake, Ontario

Thursday, February 4, 2021 - 1:30pm

Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) - Golden Goliath Resources Ltd. (TSXV: GNG ) (OTC Pink: GGTHF) (FSE: GGZ) has now resumed drilling on its Kwai property in the Red Lake District, northwest Ontario.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) - Golden Goliath Resources Ltd. (TSXV: GNG ) (OTC Pink: GGTHF) (FSE: GGZ) has now resumed drilling on its Kwai property in the Red Lake District, northwest Ontario.
  • The drill is currently completing the first hole of the 2021 session, which is the 15th hole of the entire program.
  • Coarse grained pyrite and chalcopyrite also occurs in quartz and on slip planes with 1 percent chalcopyrite.
  • The Uchi Age basalts are the main host rocks for the Red Lake gold mines, ie the Campbell, Cochenour and Red Lake - former Dickenson Gold Mines.

SKRR Exploration Inc. Intersects Significant Gold Mineralization at Olson Gold Project, Northern Saskatchewan

Thursday, February 4, 2021 - 1:00pm

The holes tested a shear/vein system along a granodiorite contact defined by rock and soil geochemical anomalies coincident with a magnetic anomaly.

Key Points: 
  • The holes tested a shear/vein system along a granodiorite contact defined by rock and soil geochemical anomalies coincident with a magnetic anomaly.
  • DDH OL20004 (Az 280/ Dip -45) intercepted several significant intervals of mineralization.
  • Mineralization is typically associated with arsenopyrite and pyrite with gold grade generally increasing near the contact between the sheared granodiorite and the surrounding metasedimentary schists.
  • A lower intercept from 128.52m to 131.54m returned 3.13 g/t Au over 3.02m, including 5.32 g/t Au over 1.16m.