Eskay Creek

Romios-Copperhead Option Discovers Highly Prospective Intrusions on the Red Line Claims Project, Golden Triangle, B.C.

Retrieved on: 
Tuesday, September 12, 2023
Pluton, Copperhead, University, Eskay Creek, FSE, Research, Red, Government, Musselwhite, Red Line, National instrument, Golden Triangle, Fracture, Project, National Instrument 43-101, News, Granite, Uranium mining, Typesetting, Galore Creek mine, Newmont, Names of the Greeks

This large body of highly gossanous syenite closely resembles one of the key intrusions associated with the Galore Creek alkalic porphyry Cu-Au-Ag deposits.

Key Points: 
  • This large body of highly gossanous syenite closely resembles one of the key intrusions associated with the Galore Creek alkalic porphyry Cu-Au-Ag deposits.
  • A second, previously unknown pluton was located on the Red Line 2 and 3 claims, in this case a >700 m long body of pervasively altered hornblende granodiorite.
  • The discovery of these 2 highly prospective plutons, and the numerous syenite dykes associated with widespread epidote alteration, has significantly improved the odds of locating a porphyry Cu-Au-Ag type occurrence on the Red Line claims.
  • Original Claims: The original Red Line claims were staked in 2020 to cover a portion of the so-called "Red Line" stratigraphic contact between lower Jurassic Hazelton Group rocks and upper Triassic Stuhini Group rocks.

West Red Lake Gold Mines Strengthens Leadership: Shane Williams Appointed President and CEO, Duncan Middlemiss Joins as Independent Director

Retrieved on: 
Tuesday, June 6, 2023
Techno-economic assessment, University, Past, Senior, Eskay Creek, Electrical engineering, Red Lake, Wesdome Gold Mines, University of Limerick, Eldorado Gold, Vale Canada, Skeena, US, Gold, Acquisition, Project management, Mining, Engineering, Dublin Institute of Technology, Pleasure, El Dorado, Queen's University, Agnico Eagle, Skouries mine, Abitibi greenstone belt, Management

The Company is also pleased to report Mr. Duncan Middlemiss has joined West Red Lake Gold as an independent director.

Key Points: 
  • The Company is also pleased to report Mr. Duncan Middlemiss has joined West Red Lake Gold as an independent director.
  • “I am thrilled to join West Red Lake Gold as President and CEO to move forward the Company’s remarkable assets,” commented Mr. Williams.
  • "I am pleased to welcome Shane Williams as the new President and CEO of West Red Lake Gold.
  • Tom Meredith commented, “It has been a pleasure leading the excellent team at West Red Lake Gold.

Optimum Ventures Receives Positive Assay Results on the Harry Property in Northwest British Columbia

Retrieved on: 
Thursday, February 16, 2023
Quartz, Shaw, Eskay Creek, Gold, VMS, Uranium mining, Copper

VANCOUVER, British Columbia, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Optimum Ventures Ltd. (“Optimum” or the “Company”) (TSXV: OPV) is pleased to announce positive precious and base metal assay results from a Shaw drilling program on the Company's Harry property located near Stewart in northwest British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Optimum Ventures Ltd. (“Optimum” or the “Company”) (TSXV: OPV) is pleased to announce positive precious and base metal assay results from a Shaw drilling program on the Company's Harry property located near Stewart in northwest British Columbia.
  • The Harry Project is positioned within a 200 Kilometre (“km”) long northwest-trending corridor with-in the prolific Golden Triangle, home to multiple high-grade gold deposits and discoveries.
  • Gold-silver enriched volcanogenic massive sulphide (VMS) type of mineralization like that of the famous Eskay Creek deposit.
  • Enhanced gold associated with arsenopyrite (iron-arsenic sulphide) in sericite altered rocks.

Bingo Main Gold Discovery 550 Meters x 175 Meters Remains Open - Drill Ready - Golden Triangle BC

Retrieved on: 
Tuesday, January 10, 2023
Metallica, Golden, Zinc, Copper, THIS, Eskay Creek, National instrument, ALS, Channel, FSE, QA/QC, Silver, SSW, Talus, Bingo, Maine, Foot, SELL, ISO 9001:2008, Coast Range Arc, Soil, National Instrument 43-101, Plasma, VMS, Vein, Anomaly, ID, GPS, Quartz, TSX, Lead, Golden Triangle, ISO, Nature, Gold, Granite, Silviculture, Dredging, Uranium, Limestone, Midas, Equilateral triangle, Arbitrage betting

VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report results from the 2022 field program on its 100% controlled Bingo property located within the Eskay Rift region of the Golden Triangle, British Columbia. Grab samples assaying up to 7.39 gpt Au were collected along the Bingo Main Zone which was extended from 320 m by 175 m to 550 m by 175 m (see map). This season’s surface grab and soil sampling, ground magnetic survey, and drone survey together with the historic data compiled by the geologic team strongly indicate the presence of an extensive gold-mineralizing system on the Bingo property that is drill ready and remains open. The Company is planning an inaugural drill program in 2023 comprising up to 2000 m of drilling from up to 4 pads.

Key Points: 
  • The Bingo Main Zone is a drill ready zone containing gold mineralized grab, chip and channel samples over an area of 550 metres x 175 metres.
  • One-hundred forty-two (142) channel, chip, and grab samples were collected from the Main Zone and of these, 110 samples (77 %) contained gold mineralization.
  • Both properties are within the Eskay Rift known to be a fertile area for mineral deposits in the Golden Triangle.
  • The Metallica zone is drill ready and fully permitted, and the Company is planning a maiden drill program for 2023.

Juggernaut Results Confirm VHMS Drill Targets on Midas – Expands Claim Block

Retrieved on: 
Tuesday, December 13, 2022
Kraken, BLEG, Gold, Nature, RQD, Golden Triangle, ISO 9001:2008, ALS, Soil, SELL, Drainage, Vein, Gold Star, MX, Talus, THIS, QA/QC, Equilateral triangle, TSX, IP, GPS, ID, Plasma, Central Coast, Gold standard, National Instrument 43-101, ISO, Anomaly, Foot, Leapfrog, Quartz, National instrument, Geology, Uranium, Mining, Limestone, Midas, Goldilocks and the Three Bears, Eskay Creek

Based on additional strong targets generated, the claim block has been expanded from 19,105 hectares to 20,992 hectares.

Key Points: 
  • Based on additional strong targets generated, the claim block has been expanded from 19,105 hectares to 20,992 hectares.
  • The exploration results to date demonstrate that we have vectored in on a potential gold rich VMHS source at depth.
  • Continued compilation and interpretation of the data will focus on refining drill holes targeting the indicated VMHS at depth.
  • Oriented HQ-diameter diamond drill core from the drill campaign is placed in core boxes by the drill crew contracted by the Company.

Dolly Varden Silver Announces $18 Million Flow-Through Brokered Financing

Retrieved on: 
Monday, December 5, 2022
Acquisition, KSM, Golden Triangle, Sale, Income Tax Act, Section 50C of the Isle of Man Income Tax Act 1970, Fury, FT, TSX Venture Exchange, Mining, Dolly Varden, Eskay Creek, Silver, Issuer, Legislation, Risk, Equilateral triangle, TSX, DV, News, Prospectus, National instrument, Agent, NI, Wolf, Offering, OTC, Gold, Part, SEDAR, Security (finance), Risk management, Brucejack/Bowser Aerodrome

VANCOUVER, British Columbia, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Dolly Varden Silver Corporation (TSXV: DV) (OTC: DOLLF) (the "Company" or "Dolly Varden") is pleased to announce that the Company has entered into an agreement with Research Capital Corporation and Eventus Capital Corp., as co-lead agents and joint bookrunners, on behalf of a syndicate of agents (collectively, the "Agents") in connection with a brokered private placement financing (the "Offering") to raise gross proceeds of up to $18 million from the sale of: (i) common shares of the Company that qualify as "flow-through shares" as defined under the Income Tax Act (Canada) (the "FT Offered Shares") at a price of $0.90 per share ("FT Offered Price"); and (ii) common shares of the Company that qualify as "flow-through shares" as defined under the Income Tax Act (Canada) that will be issued as part of a charity arrangement (the "Charity Offered Shares" and together with the FT Offered Shares, the “Offered Shares”) at a price of $1.05 per share ("Charity Offered Price" and together with the FT Offered Price, the “Offering Prices”). A portion of the Offering (the “LIFE Offering”) of up to 9,523,809 Charity Offered Shares will be offered via the Listed Issuer Financing Exemption (as defined below).

Key Points: 
  • "2022 has been a transformational year for Dolly Varden Silver.
  • In addition, significant broad high-grade silver mineralization has continued to expand and extend the Torbrit deposit, specifically at the Kitsol vein.
  • Dolly Varden Silver Corporation is a mineral exploration company focused on advancing its 100% held Kitsault Valley Projects (which include the Dolly Varden Project and the Homestake Ridge Project) located in the Golden Triangle of British Columbia, Canada, 25kms by road to tide water.
  • projects host the high-grade silver and gold resources of Dolly Varden and Homestake Ridge along with the past producing Dolly Varden and Torbrit silver mines.

Enduro Metals Corporation Invites You to Join Us at the Deutsche Goldmesse in Frankfurt

Retrieved on: 
Monday, November 7, 2022
Company, Heart, Frankfurt, Industry, Gold, FSE, Eskay Creek, Metal, Copper, Nickel, Golden Triangle, African Metals Corporation, SOG, Silver, Galore Creek mine, HNW, North Toe River, Mining, Cobalt, Zinc, Burgundy, Public relations

Frankfurt, Germany--(Newsfile Corp. - November 7, 2022) - Enduro Metals Corporation (TSXV: ENDR) (FSE: SOG) (OTCQB: ENDMF) will be participating in the Deutsche Goldmesse, which will take place on November 18th and 19th at The Westin Grand Frankfurt.

Key Points: 
  • Frankfurt, Germany--(Newsfile Corp. - November 7, 2022) - Enduro Metals Corporation (TSXV: ENDR) (FSE: SOG) (OTCQB: ENDMF) will be participating in the Deutsche Goldmesse, which will take place on November 18th and 19th at The Westin Grand Frankfurt.
  • Members of the Enduro Metals Corporation management will be taking meetings throughout the day, and also present at 2:30 PM CET on November 18th to an audience of European investors.
  • The Deutsche Goldmesse website is continuously being updated concerning attending companies, keynote speakers, agenda, etc.
  • Deutsche Goldmesse is Germany's premier mining investment conference, based out of Frankfurt- one of Europe's most important financial capitals.

Romios Gold Expands High-Grade VMS System at The TOE Zone, Trek South Project, Golden Triangle, BC

Retrieved on: 
Thursday, October 13, 2022
Honey, LinkedIn, FSE, Antimony, Golden Triangle, Program, Geology, World Map 1:2,500,000, Manganese, NSR, CEO, NE, News, Communication, Lorica, Twitter, ALS, Musselwhite, Video news release, Company, Equilateral triangle, TSX Venture Exchange, IP, Zinc, Copper, Mercury, Vein, TOE, NW, Copperhead, Exploration, Ownership, National instrument, Lead, TSX, Laboratory, Research, VMS, Galena, Silver, La Corne, Kinkaid, Metal, VLF, SE, Volcanism, Kuroko, National Instrument 43-101, Gold, GCMC, Forward-looking statement, Trek, Uranium, Iron ore, Granite, Online shopping, BC, Names of the Greeks, Facebook, Galore Creek mine, Eskay Creek

The geology and style of the high-grade mineralization at the TOE Zone are both very similar to the world class Eskay Creek Au-Ag deposit.

Key Points: 
  • The geology and style of the high-grade mineralization at the TOE Zone are both very similar to the world class Eskay Creek Au-Ag deposit.
  • This zone is highly weathered at surface and the grades may well be higher in fresher rock at depth.
  • This is one of several historic high-grade showings on Trek that we expect to include in the anticipated future drill program at Trek South."
  • About Romios Gold Resources Inc.
    Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver.

Optimum Ventures Discovers Several New Zones of Mineralization on The Harry Property

Retrieved on: 
Thursday, August 18, 2022
Salmon Glacier, Mathematical optimization, Zinc, Industry, CEO, Legislation, Forward-looking statement, Failure, Eskay Creek, IP, Harry, National instrument, TSX Venture Exchange, Government, National Instrument 43-101, Silver, COVID-19, Company, South Tyrol Option Agreement, Teutons, Swann, Accident, Shaw, Intention, MSA, News, Quality control, Gold, Option, Goal, Weather, Time, Bed, BR, SEDAR, Mining, Road, Silviculture

The Company plans to expose the sub-crop's area to determine the zone's strike and dip before the upcoming drilling.

Key Points: 
  • The Company plans to expose the sub-crop's area to determine the zone's strike and dip before the upcoming drilling.
  • A new discovery occurring within north trending sediments including, galena and sphalerite mineralization along a stockwork zone.
  • We were excited to begin this seasons exploration at Swann on the back of last years successful drilling, commented Tyler Ross, CEO of Optimum Ventures.
  • Optimum Ventures Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector.

METALLIS ANNOUNCES $2 MILLION NON-BROKERED PRIVATE PLACEMENT

Retrieved on: 
Tuesday, June 7, 2022
Seabridge Gold, Frankfurt Stock Exchange, Copper, Company, Board of directors, Funding, Silvercorp Metals, TSX Venture Exchange, News, Newcrest Mining, Multimedia, Conversation, Equilateral triangle, Property, Silver, Columbia, Nickel, Section 50C of the Isle of Man Income Tax Act 1970, KSM, Director, Brucejack/Bowser Aerodrome, Press release, Income Tax Act, Golden Triangle, Gold, MTS, FSE, Act, Mining, View, SEDAR, Security (finance), Life insurance, Risk management, BC, Eskay Creek

VANCOUVER, BC, June 7, 2022 /PRNewswire/ - Metallis Resources Inc.(TSX-V: MTS) (OTCQB: MTLFF) (FSE: 0CVM) (the "Company" or "Metallis") announces a non-brokered placement (the "Financing") of up to $2 million.

Key Points: 
  • VANCOUVER, BC, June 7, 2022 /PRNewswire/ - Metallis Resources Inc.(TSX-V: MTS) (OTCQB: MTLFF) (FSE: 0CVM) (the "Company" or "Metallis") announces a non-brokered placement (the "Financing") of up to $2 million.
  • Each flow-through unit will consist of one flow-through common share and one-half of a non-flow-through, non-transferable share purchase warrant.
  • The proceeds of the flow-through private placement will be incurred on "Canadian exploration expenses" (within the meaning of the Act).
  • Closing of the private placement is subject to receipt of all necessary regulatory approvals and final acceptance by the TSXV.