Goldspot

Stearman Generates New Drill Targets

Retrieved on: 
Friday, January 12, 2024

VANCOUVER, British Columbia, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Stearman Resources Inc. (CSE: STMN) (“Stearman” or the “Company”) is pleased to announce that the work performed by ALS Goldspot Discoveries Inc. (“ALS Goldspot”), previously announced on November 21, 2023, on the Company’s Miniac Property (the “Property”) has resulted in the generation of new drill targets as well as a new interpretation of the underlying geology.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Stearman Resources Inc. (CSE: STMN) (“Stearman” or the “Company”) is pleased to announce that the work performed by ALS Goldspot Discoveries Inc. (“ALS Goldspot”), previously announced on November 21, 2023, on the Company’s Miniac Property (the “Property”) has resulted in the generation of new drill targets as well as a new interpretation of the underlying geology.
  • As shown on Figure 2, the Company presents a new geological interpretation and newly generated drill targets which are designed to target previously untested zones of the massive sulphide horizon known to exist on the Property.
  • In the race to make discoveries, ALS GoldSpot produces Smart Targets and advanced geological modelling that saves time, reduces costs and provides accurate results.
  • This geophysical campaign marks the first time that property-wide, closely-spaced, high-resolution geophysics will be performed on the Property, the goal of which is to generate new drill targets to build on the prospective drilling performed in the past.

Nanoq Geophysical Interpretation Results & Exploration Portfolio Update

Retrieved on: 
Tuesday, December 19, 2023

Prior exploration at Nanoq conducted by Amaroq in 2021/22 detailed a high grade quartz vein system exposed at surface up to 20m wide and 1km in strike extent.

Key Points: 
  • Prior exploration at Nanoq conducted by Amaroq in 2021/22 detailed a high grade quartz vein system exposed at surface up to 20m wide and 1km in strike extent.
  • Assessment of the 2022 Nanoq geophysical data by the Company and ALS Goldspot has further expanded the gold target zone and defined multiple parallel zones, significantly increasing the project’s mineral potential.
  • Amaroq has now completed and received all results from ~10,000 line kilometres geophysics programme targeting the South Greenland Copper Belt.
  • This survey suggested the existence of numerous extensions to the mineralisation observed at Nanoq as well as the presence of a structural belt between Nanoq and Jokum’s Shear.

Québec Nickel Completes 2023 Exploration Programs at Its Ducros Nickel-Copper-PGE Project

Retrieved on: 
Wednesday, December 13, 2023

Québec Nickel Corp. ( CSE: QNI ; FSE: 7lB ; OTCQB: QNICF) (“QNI” or the “Company”) reports the completion of its 2023 exploration programs at its 100% owned Ducros Property, located 85 kilometers northeast of Val-d’Or, Québec.

Key Points: 
  • Québec Nickel Corp. ( CSE: QNI ; FSE: 7lB ; OTCQB: QNICF) (“QNI” or the “Company”) reports the completion of its 2023 exploration programs at its 100% owned Ducros Property, located 85 kilometers northeast of Val-d’Or, Québec.
  • (Graphic: Business Wire)
    Summary of 2023 Work Programs & Results:
    David Patterson, QNI’s CEO and Chairman, comments “I want to congratulate and thank the Ducros project team for accomplishing so much work during the year.
  • In parallel with the AI targeting project, ALS GoldSpot also completed a litho-structural reinterpretation of the Ducros Property.
  • In March 2023, Québec Nickel commissioned BluMetric Environmental, of St-Laurent Québec, to complete a baseline description of the hydrological and biological characteristics of QNI’s Ducros property and surrounding lands.

AI Technology Identifies Multiple Nickel-Copper-PGE Sulphide Targets at QNI's Ducros Project

Retrieved on: 
Thursday, October 5, 2023

The objectives of the study were two-fold: firstly, to generate meaningful nickel-sulphide-focused targets across the property using its proprietary SmartTARGETTM AI technology, and secondly, to use the new exploration data to reinterpret the geology underlying the Ducros claims.

Key Points: 
  • The objectives of the study were two-fold: firstly, to generate meaningful nickel-sulphide-focused targets across the property using its proprietary SmartTARGETTM AI technology, and secondly, to use the new exploration data to reinterpret the geology underlying the Ducros claims.
  • ALS GoldSpot used its Supervised Learning (“SL”) and Semisupervised Learning (“SSL”) algorithms on 25-metre and 10-metre datastacks during its study.
  • More than a dozen new nickel-sulphide targets have been generated by the study, the locations of which can be seen in Figure 1.
  • In parallel with the AI targeting project, ALS GoldSpot also completed a litho-structural reinterpretation of the Ducros Property.

Western Exploration Provides Update on Geophysics and Drilling Activities at Doby George and Gravel Creek, Aura Project, NV

Retrieved on: 
Tuesday, August 1, 2023

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    KLM Geophysics has initiated a 33.0-kilometer IP geophysics program to test extensions of mineralization in the Doby George and Wood Gulch/Gravel Creek resource areas, as well as new targets in the Maggie Summit area.
  • Major Drilling is scheduled to begin a 2,000-meter diamond core drill program at Gravel Creek on August 1, 2023.
  • Western Exploration CEO, Darcy Marud, commented: "We are excited about the initiation of the 2023 Aura Project exploration program.
  • Execute the Gravel Creek drill program with the goal of expanding the north-east portion of the Gravel Creek deposit that are not included in the existing resource.

Canada Silver Cobalt Expands Airborne Survey for ALS GoldSpot's AI Drill Targeting to the St. Denis and Sangster Lithium Project

Retrieved on: 
Monday, July 10, 2023

The survey is an important step in collecting robust data about this underexplored lithium prospect where we intend to follow up with field work this summer.

Key Points: 
  • "We're also looking forward to completing the airborne survey at St. Denis as soon as conditions allow.
  • "Since we acquired the property earlier this year, we have been compiling as much data as possible from various sources for the St. Denis and Sangster blocks.
  • Canada Silver Cobalt remains dedicated to pushing the boundaries of exploration and unlocking the full value of its mineral assets.
  • By combining the advanced AI and machine-learning techniques of the M-PASS survey with on-the-ground exploration efforts, Canada Silver Cobalt aims to maximize the efficiency and effectiveness of its exploration program.

Spod Lithium Corp. to Begin Exploration Program at James Bay Quebec Project

Retrieved on: 
Thursday, June 1, 2023

VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB: SPODF) is pleased to announce its further exploration plan for the Company’s Megali and Lithium Grande 4 properties in the James Bay region in the province of Quebec.

Key Points: 
  • VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB: SPODF) is pleased to announce its further exploration plan for the Company’s Megali and Lithium Grande 4 properties in the James Bay region in the province of Quebec.
  • Both the Megali and Lithium Grande 4 projects are adjacent to Patriot Battery Metals' project, and less than 2.7 km south-south-east (Megali) and less than 2.0 km south (Lithium Grande 4) from Patriot's newly discovered Corvette lithium deposit.
  • GoldSpot will conduct an airborne acquisition with their Multi-Parameter Airborne Survey System (‘M-PASS’) over SPOD’s properties.
  • Chris Cooper, Spod Lithium’s CEO commented, “It is very exciting to start-up our exploration activities on the Megali and Lithium Grande 4 projects.

Tembo to Generate Maiden Resource Estimate

Retrieved on: 
Thursday, May 25, 2023

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Tembo Gold Corp. (TSXV: TEM) (FSE: T23A) (OTCQB: TBGPF) ("Tembo" or the "Company") - David Scott, President & CEO, is pleased to announce that the Company has initiated a maiden resource estimate on its Tembo property, and provides an update on the Company's strategy for its Tembo project in 2023, focusing initially on resource evaluation and new target testing.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) - Tembo Gold Corp. (TSXV: TEM) (FSE: T23A) (OTCQB: TBGPF) ("Tembo" or the "Company") - David Scott, President & CEO, is pleased to announce that the Company has initiated a maiden resource estimate on its Tembo property, and provides an update on the Company's strategy for its Tembo project in 2023, focusing initially on resource evaluation and new target testing.
  • The detailed review of the historical drill database, reinforced by the new information generated by the most recent drill campaign, has now positioned Tembo to undertake its first resource estimation with a high degree of confidence.
  • It is expected that a resource statement will be released within six to eight weeks.
  • A total of US$28mm has been spent to date on exploration on the Tembo Gold Property.

Ascendant Resources Strengthens Executive Team

Retrieved on: 
Tuesday, March 14, 2023

Mr. Michael McAllister appointed Vice President, Investor Relations

Key Points: 
  • Mr. Michael McAllister appointed Vice President, Investor Relations
    TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it has strengthened its executive team with the addition of Mr. Michael McAllister who has been appointed Vice President, Investor Relations and Mr. Chris MacInnis who has been appointed as Director, Geology and Resources for the Company.
  • Mike McAllister has over 19 years of experience working with public mining companies, the last 12 as a mining specialized investor relations professional.
  • Mr. McAllister also has worked at Avion Gold Corp., which was acquired by Endeavour Mining.
  • Mark Brennan, Executive Chairman of Ascendant stated, “We are very pleased to welcome both Mike and Chris to the Ascendant team.

Spod Lithium Corp. Engages ALS GoldSpot Discoveries Ltd. for Mag/VLF Airborne Survey on Nipigon & Niemi Lithium Project

Retrieved on: 
Wednesday, January 25, 2023

GoldSpot will conduct an airborne acquisition with their Multi-Parameter Airborne Survey System (‘M-PASS’) over SPOD’s Nipigon and Niemi projects in Ontario.

Key Points: 
  • GoldSpot will conduct an airborne acquisition with their Multi-Parameter Airborne Survey System (‘M-PASS’) over SPOD’s Nipigon and Niemi projects in Ontario.
  • The airborne survey aims to map the geology and identify trends on the property where the presence of pegmatites exist, which often correspond with magnetic lows.
  • In addition, SPOD also recently completed a property-wide LiDAR survey over the North Nipigon project with Pioneer Exploration Services Ltd.
  • The Property shares borders with RockTech Lithium’s Georgia Lake Project, Imagine Lithium’s Jackpot Lithium Project, and Ultra Lithium’s Georgia Lake Project.