Galena

Puma Exploration Intercepts Widespread Alteration with VG at Tiger Gold Zone and Expands Ongoing Drilling Program

Retrieved on: 
Thursday, April 4, 2024

The Tiger Gold Zone is a new gold area discovered last year by applying the Company’s successful discovery model.

Key Points: 
  • The Tiger Gold Zone is a new gold area discovered last year by applying the Company’s successful discovery model.
  • The core exhibits the same pervasive alteration and mineralization characteristic of the Lynx Gold Zone.
  • Last year, Puma discovered a new prospective area, the Cheetah Gold Zone ("CHGZ"), which returned 6.69 g/t Au in the Company’s initial trenching and sampling exploration program.
  • This preliminary scout drilling and continued systematic surface exploration work will enable us to prove the extent of the gold mineralized zone.

Puma Exploration Launches its 2024 Drilling Program at Williams Brook

Retrieved on: 
Tuesday, February 27, 2024

RIMOUSKI, Quebec, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the "Company" or "Puma") is pleased to report the start of its 2024 drilling program at its 100% owned Williams Brook Gold Project located in Northern New Brunswick.

Key Points: 
  • RIMOUSKI, Quebec, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the "Company" or "Puma") is pleased to report the start of its 2024 drilling program at its 100% owned Williams Brook Gold Project located in Northern New Brunswick.
  • The inaugural drilling program at Tiger will begin in early March and aims to grow the volume, scale and gold grade of the Williams Brook Gold Project.
  • “We are very excited to launch our 2024 exploration program and begin drilling at Tiger.
  • Confirming, by drilling, the continuity of mineralization along a possible 4 km extension will be a huge step toward demonstrating the potential of the Williams Brook Gold Project.

Arras Minerals Reports 62m @ 1.53 % CuEq Re-Assays in Historical Drillholes on a New Copper-Gold Porphyry Target

Retrieved on: 
Monday, January 8, 2024

1100 KVA power lines, heavy rail, and the Irtysh–Karaganda irrigation canal all lie within a 15 km radius of the project.

Key Points: 
  • 1100 KVA power lines, heavy rail, and the Irtysh–Karaganda irrigation canal all lie within a 15 km radius of the project.
  • Arras Minerals License Package (Pavlodar, Kazakhstan)
    Quartzite Gorka was drilled between 2007 and 2010 by the previous operators.
  • All available drillcores have been re-logged in detail by Arras employees for lithology, structure, alteration, mineralization and petrophysical properties.
  • The re-assayed coarse rejects from Quartzite Gorka were prepared in Arras in-house sample preparation laboratory in Ekibastuz by Arras employees.

Puma Intersects 20.67 g/t Gold over 5.50 m within 32.15 m of 3.80 g/t Gold at the Lynx Gold Zone

Retrieved on: 
Thursday, November 16, 2023

New high-grade gold veins were intercepted with 20.67 g/t gold over 5.50 m, within 32.15 m of 3.80 g/t gold in WB23-142, and 10.81 g/t gold over 5.65 m and 9.91 g/t gold over 5.10 m within 98.05 m of 1.24 g/t gold in WB23-145.

Key Points: 
  • New high-grade gold veins were intercepted with 20.67 g/t gold over 5.50 m, within 32.15 m of 3.80 g/t gold in WB23-142, and 10.81 g/t gold over 5.65 m and 9.91 g/t gold over 5.10 m within 98.05 m of 1.24 g/t gold in WB23-145.
  • Holes WB23-140, -142, -144 and -145 demonstrate the continuity of gold mineralization at Lynx, with mineralized envelopes extending over impressive lengths grading respectively 0.92 g/t gold over 43.70 m, 1.25 g/t gold over 100.90 m, 0.95 g/t gold over 25.60 m and 1.24 g/t gold over 98.05 m.
    Hole WB23-140 returned 4.06 g/t gold over 3.25 m from 155 m, WB23-144 returned 6.60 g/t gold over 3.25 m from 158 m, and WB23-145 returned 1.01 g/t gold over 3.00 m from 246 m expanding the known mineralization at depth and opening another area of gold mineralization.
  • Hole WB23-140 intersected 6.70 m of 2.44 g/t gold starting at surface, followed by several high-grade intervals such as 3.95 m of 5.44 g/t gold and 3.25 m of 4.06 g/t gold at depth.
  • Hole WB23-144 returned 6.60 g/t gold over 3.25 m from 158 m, and WB23-145 returned 1.01 g/t gold over 3.00 m from 246 m. Gold mineralization was still present at 249 m downhole depth, indicating that the system remains open.

PROSPECT RIDGE RESOURCES EXTENDS THE COPPER RIDGE MINERALIZED ZONE OVER 500 METRES WITH NEW HIGH-GRADE SAMPLES UP TO 78.9 G/T AU, 2050 G/T AG AND 17.75% CU ON THE KNAUSS CREEK PROPERTY

Retrieved on: 
Wednesday, November 8, 2023

An impressive collection of high-grade samples was returned, extending the mineralized area well beyond what was previously observed and now measures more than 500 metres by 270 metres (Figure 2).

Key Points: 
  • An impressive collection of high-grade samples was returned, extending the mineralized area well beyond what was previously observed and now measures more than 500 metres by 270 metres (Figure 2).
  • This prospectivity has been confirmed with the return of numerous high-grade results over an ever-increasing size of area.
  • The Copper Ridge showing is in the southern part of the Knauss Creek property.
  • The location of collected samples is illustrated in Figure 2, while the samples details are listed in Table 1.

Lion One Drills 2.4 m of 90.76 g/t Gold in Zone 5 at Tuvatu

Retrieved on: 
Thursday, November 2, 2023

Zone 5 represents the upward extension of the Zone 500 feeder zone, where several lodes coalesce into a wide zone of very high-grade mineralization, such as 20.86 g/t Au over 75.9 m (TUG-141), 12.22 g/t Au over 54.90 m (TUDDH-601), and 17.52 g/t Au over 23.7 m (TUDDH-608).

Key Points: 
  • Zone 5 represents the upward extension of the Zone 500 feeder zone, where several lodes coalesce into a wide zone of very high-grade mineralization, such as 20.86 g/t Au over 75.9 m (TUG-141), 12.22 g/t Au over 54.90 m (TUDDH-601), and 17.52 g/t Au over 23.7 m (TUDDH-608).
  • The location of Zone 5 relative to Zone 500 is also shown in Figure 2.
  • Right image: Section view looking approximately northeast, showing the location of Zone 5 and Zone 500 relative to the lodes.
  • Specks of visible gold are highlighted in the yellow circles, width of image is approximately 3.5 cm (TUDDH-672, 141.3 m).

Americas Gold and Silver Corporation Provides Q3-2023 Production Results With an Increase of 17% in Attributable Silver Production

Retrieved on: 
Monday, October 30, 2023

Attributable production from the 60% owned Galena Complex was approximately 209,000 ounces of silver and 1.8 million pounds of lead in Q3-2023, compared to approximately 145,000 ounces of silver and 2.1 million pounds of lead in Q3-2022.

Key Points: 
  • Attributable production from the 60% owned Galena Complex was approximately 209,000 ounces of silver and 1.8 million pounds of lead in Q3-2023, compared to approximately 145,000 ounces of silver and 2.1 million pounds of lead in Q3-2022.
  • Towards the end of Q3-2023, the Galana Complex was unable to maintain targeted ore production due to mine mobile equipment availability.
  • The issue has been largely resolved and, while improvements were too late to positively impact Q3-2023 results, October has had a strong start.
  • The Company’s production is expected to come in at the lower of end of 2023 guidance of attributable consolidated silver equivalent production between 5.5 and 6.0 million ounces and attributable consolidated silver production between 2.2 and 2.6 million ounces.

Barsele Provides a Preliminary Summary of 2023 Drilling Activities

Retrieved on: 
Wednesday, October 4, 2023

Diamond drilling at Barsele in 2023 totaled 3,245.52 metres in 17 holes and tested for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides targets.

Key Points: 
  • Diamond drilling at Barsele in 2023 totaled 3,245.52 metres in 17 holes and tested for Intrusive-hosted "Orogenic Gold" and Volcanogenic Massive Sulphides targets.
  • VANCOUVER, BC, Oct. 4, 2023 /PRNewswire/ - Barsele Minerals Corp. (the "Company" or "Barsele") (TSXV: BME) (OTC: BRSLF) is pleased to provide an update regarding ongoing exploration activities within the Barsele Gold-VMS Project area in Västerbottens Län, Northern Sweden (the "Barsele Project").
  • Coring in 2023 was carried out by NTK drilling of Finland.
  • The 2023 diamond drilling campaign at Barsele commenced on June 14th and terminated September 8th.

Owner Welcomes Guests to Wyndham Garden Galena Hotel and Day Spa for Grand Opening Celebration; Property receives new branding, upgraded amenities

Retrieved on: 
Wednesday, October 4, 2023

GALENA, Ill., Oct. 4, 2023 /PRNewswire-PRWeb/ -- Betsy Rose Achett envisioned something more for the 40,000 square feet Ramada Hotel near the heart of downtown Galena, Illinois, when she purchased it in 2015.

Key Points: 
  • That dream came true when Achett, the hotel's owner, and her team welcomed local and national trade and tourism representatives and supporters to the grand opening celebration of the Wyndham Garden Galena Hotel and Day Spa on Sept. 21.
  • That dream came true when Achett, the hotel's owner, and her team welcomed local and national trade and tourism representatives and supporters to the grand opening celebration of the Wyndham Garden Galena Hotel and Day Spa on Sept. 21.
  • In 2012, it became a Ramada Hotel, and three years later, she came into the picture as the owner.
  • "From day one, when I walked into the property, I always knew this was meant to be a Wyndham Garden Hotel," Achett explained.

Wesdome Drilling Confirms Continuity of Presqu’île Zone and Prepares for Exploration Ramp Development at Kiena Mine

Retrieved on: 
Tuesday, September 19, 2023

Recent drilling at Presqu’île is part of an ongoing exploration program focussing on near surface gold potential along strike from Kiena that remains under explored.

Key Points: 
  • Recent drilling at Presqu’île is part of an ongoing exploration program focussing on near surface gold potential along strike from Kiena that remains under explored.
  • Hole PR-23-070: 32.5 g/t over 3.0 m core length (30.0 g/t Au capped*, 2.9 true width) PR-2A Zone.
  • Hole PR-23-084 : 14.0 g/t Au over 5.3 m core length (14.0 g/t Au capped*, 4.0 m true width) PR-2 Zone.
  • Both zones are interpreted as excellent target for a follow up drilling program from surface or from underground with development of an exploration ramp.