Stockwork

ASCENDANT RESOURCES CONFIRMS SALEABLE GRADE CONCENTRATES ACHIEVED FOR COPPER, LEAD AND ZINC WITH STRONG RECOVERIES AND PRECIOUS METAL CREDITS AT ITS LAGOA SALGADA VMS PROJECT, PORTUGAL

Retrieved on: 
Tuesday, May 2, 2023

(Portugal) ("Quadrante") with input from Micon International Limited (Canada) ("Micon") who will act as the Qualified Person ("QP") for the 43-101 Resource Update.

Key Points: 
  • (Portugal) ("Quadrante") with input from Micon International Limited (Canada) ("Micon") who will act as the Qualified Person ("QP") for the 43-101 Resource Update.
  • Grinding Solutions Limited (UK) ("GSL") has completed the detailed Metallurgical Testing using representative composite samples and variability testing.
  • The testing results below comprise the Copper, Lead and Zinc grade-recoveries for the Stockwork and Massive Sulphide domains.
  • Metallurgical test work to further optimize metal recoveries and concentrate grades will be a continuous process as we develop the project."

Quarterly Activities Report

Retrieved on: 
Monday, May 1, 2023

TORONTO, May 01, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The successful delivery of this strategy is good for Xanadu, for our Shareholders, for Zijin our partner, and for Mongolia.
  • We look forward to providing regular updates as the work program advances over the next 18 months.”
    Figure 1.
  • During the March Quarter, the Company commenced its PFS, Infill Drilling and Discovery Exploration activities which are funded by US$35 million from the JV with Zijin.
  • All resolutions were approved by Shareholders.15
    Key activities planned during the quarter ending 31 June 2023 (June Quarter) include:
    Data Acquisition for the Kharmagtai PFS including Infill Drilling, Metallurgy and Geotechnical focus areas.

Zijin and Xanadu Transaction Completed and Kharmagtai PFS Underway

Retrieved on: 
Friday, March 10, 2023

It will also provide funding to Xanadu for activities outside of Kharmagtai such as our second project at Red Mountain.

Key Points: 
  • It will also provide funding to Xanadu for activities outside of Kharmagtai such as our second project at Red Mountain.
  • Completed A$7.164,645.28 million placement for 179,116,132 Xanadu shares at $0.04 per share, a 33% premium on the latest market close price, increasing Zijin shareholding to 19.42% of Xanadu.
  • Kharmagtai Pre-Feasibility Study (PFS) and Discovery Exploration have now commenced, with data acquisition drilling underway.
  • Upcoming near term announcements will outline detailed Kharmagtai PFS program of work, targeting value enhancement, Resource Definition Drilling and Discovery Exploration.

Final Regulatory Approval Funds Kharmagtai Pre-Feasibility Study and Exploration

Retrieved on: 
Monday, February 27, 2023

The Strategic Partnership will fully fund the Company’s flagship Kharmagtai Copper-Gold Project (Kharmagtai) through the next phase of project evaluation and exploration, leading to formal Decision to Mine.

Key Points: 
  • The Strategic Partnership will fully fund the Company’s flagship Kharmagtai Copper-Gold Project (Kharmagtai) through the next phase of project evaluation and exploration, leading to formal Decision to Mine.
  • Final hurdle cleared to execute Strategic Partnership and 50-50 Joint Venture (JV) with Zijin in the Kharmagtai copper-gold project.
  • Kharmagtai Pre-Feasibility Study (PFS) and Discovery Exploration to commence March 2023.
  • With the study and inclusion of upside opportunities above, Xanadu is targeting a real and sustained uplift relative to the Scoping Study economics.

Endeavour Silver Signs Agreement to Acquire Bruner Gold Project in Nye County, Nevada

Retrieved on: 
Monday, July 19, 2021

Gold was originally discovered at Bruner in 1906 and the district saw intermittent historic small-scale mining between 1906 and 1998.

Key Points: 
  • Gold was originally discovered at Bruner in 1906 and the district saw intermittent historic small-scale mining between 1906 and 1998.
  • Favourable geology with gold and silver occurring in low-sulphidation epithermal veins and in disseminations within sheeted and stockwork zones.
  • The Bruner Gold Project resource estimate was prepared for Canamex Gold in a technical report dated January 22, 2018 titled NI 43-101 Technical Report on the Bruner Gold Project, Updated Preliminary Economic Assessment, Nye County, Nevada, USA by Welsh Hagen Associates.
  • About Endeavour Silver Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico.

Sego Resources Intersects 59 Metres and 88 Metres of >1 Gram/Tonne Gold (gpt Au) at Miner Mountain Project

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Thursday, May 27, 2021

The Southern Gold Zone is most likely a distal expression of a blind porphyry copper-gold mineralization within a broader area of porphyry copper-gold system at the Miner Mountain Project."

Key Points: 
  • The Southern Gold Zone is most likely a distal expression of a blind porphyry copper-gold mineralization within a broader area of porphyry copper-gold system at the Miner Mountain Project."
  • Brittle brecciation generates a chaotic fragmental texture and late carbonate veins, veinlets, microfractures or stockwork occur throughout most rock types.
  • Sego is 100% owner of the Miner Mountain project, an alkalic copper-gold porphyry exploration project near Princeton, British Columbia.
  • Sego has a Memorandum of Understanding with the Upper Similkameen Indian Band on whose Traditional Territory the Miner Mountain project is situated.

Discovery Intersects 165 g/t AgEq over 128 m and 110 g/t AgEq over 110 m in South Corridor Drilling at Cordero

Retrieved on: 
Tuesday, April 20, 2021

Intervals with stockwork mineralization were chosen based on a 25 g/t AgEq cutoff with no more than 10 m of dilution.

Key Points: 
  • Intervals with stockwork mineralization were chosen based on a 25 g/t AgEq cutoff with no more than 10 m of dilution.
  • Intervals with vein mineralization were based on a 100 g/t AgEq cutoff with no more than 1 m of dilution.
  • AgEq calculations for reported drill results are based on USD $16.50/oz Ag, $1,350/oz Au, $0.85/lb Pb, $1.00/lb Zn.
  • The calculations assume 100% metallurgical recovery and are indicative of gross in-situ metal value at the indicated metal prices.

Riley Gold Announces Additional High-Grade Gold & Silver Surface Rock Samples at its Tokop Gold Project Including up to 19.3gpt Gold and 970gpt Silver

Retrieved on: 
Thursday, April 8, 2021

At Tokop, gold mineralization occurs within veins, stockworks and shears in an apophasis of the Sylvania Stock, a late Jurassic to early Cretaceous multi-phase, reduced, calc-alkalic granitic pluton.

Key Points: 
  • At Tokop, gold mineralization occurs within veins, stockworks and shears in an apophasis of the Sylvania Stock, a late Jurassic to early Cretaceous multi-phase, reduced, calc-alkalic granitic pluton.
  • Faults, veins, and jasperoids may contain several gpt gold in the altered carbonates up to several hundreds of meters away from the intrusive contacts.
  • The Project potentially hosts a RIRGS, similar to large mines in the Tintina Gold Belt of central Alaska and contiguous parts of the Yukon.
  • To date, grades within the vein systems sampled ran as high as 34.4 gpt gold and 970 gpt silver (historical and current sampling).

Angkor Resources Announces Initial Assay Results from Wild Boar Gold Prospect, Cambodia

Retrieved on: 
Wednesday, April 7, 2021

Initial assays returned gold grades from 0.15 g/tonne Au to 7.76 g/tonne Au.

Key Points: 
  • Initial assays returned gold grades from 0.15 g/tonne Au to 7.76 g/tonne Au.
  • The shallow dipping veins which strike in two directions likely represent an epithermal stockwork emplaced near the roof of the hosting granodiorite intrusive.
  • Typically, gold grades increase with depth reaching a peak at the point referred to as the 'Bonanza Zone'.
  • In 2019, the company received approval to negotiate Production Sharing Contract (PSC) terms for Block VIII, a 7,300 square kilometre oil and gas license in Cambodia.

Xtierra Drill Results on the Victor Vein

Retrieved on: 
Friday, February 26, 2021

Compared with the main Bilbao deposit, the current targeted mineralization is associated with a relatively narrow vein structure, possibly with skarn overtones.

Key Points: 
  • Compared with the main Bilbao deposit, the current targeted mineralization is associated with a relatively narrow vein structure, possibly with skarn overtones.
  • Commenting on the results, Tim Gallagher, Company President said, "The drill results on the first four holes are consistent with our expectations and demonstrating the continuity of the mineralization within the Victor vein which should improve the economics of the Bilbao deposit, especially with the much-improved outlook for silver prices, approaching the US$30 per ounce level.
  • We are waiting on analytical results on the fifth and final drill hole, X8B, which was drilled just north of the southernmost previous drill hole X100 which intersected 1 meter of 810 g/t Ag to test the extension of the Victor vein where it intersects a manto stockwork area, before determining next steps."
  • Drill core samples were sent to an SGS laboratory in Durango using the GE_ICP14B analytical method.