Hydrothermal circulation

Globex Acquires Gold Silver Exploration Target in Nevada, USA

Retrieved on: 
Wednesday, February 28, 2024

Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.

Key Points: 
  • Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.
  • In the early 1980’s the Crescent Mining Ltd. exploited the Rest Mine and extracted gold via a heap leach operation.
  • Initial historic mining and exploration at the Red Star vein system dates back to the period 1907-1914.
  • Obtained gold values above 10 ppm and silver above100 ppm were re-analyzed via fire assay of a 30 g subsample and gravimetric determination.

Headwater Gold Completes First-Pass Drill Program On Its Mahogany Gold Project and Commences Drilling at Katey

Retrieved on: 
Wednesday, November 17, 2021

About the Mahogany Drill Program:

Key Points: 
  • About the Mahogany Drill Program:
    The Mahogany Project is located in Southeastern Oregon, 20 km northwest of Integra Resources DeLamar deposit.
  • The highest priority targets were tested by the Headwater program, which consisted of an initial five drill holes.
  • The true thicknesses of drill intervals reported above cannot yet be verified and will only be determined with additional drilling.
  • About the Katey Drill Program:
    The Katey Project is located in Southeastern Oregon, 50 km northwest of Integra Resources DeLamar deposit.

Colibri's Option Partner Receives Assay Results for Phase I Drilling Completed at El Mezquite Gold & Silver Project, Sonora, Mexico

Retrieved on: 
Tuesday, September 7, 2021

Silver Spruce has received and reported assay results from the first 10 holes.

Key Points: 
  • Silver Spruce has received and reported assay results from the first 10 holes.
  • A table of assay results greater than 0.10 g/t Au, as provided to Colibri from Silver Spruce, is reported in table 1.
  • Silver Spruce Resources is currently in the 2nd year of a four year agreement with Colibri to earn 50% of the El Mezquite Gold and Silver Project.
  • The Company has four additional projects, Pilar Gold & Silver Project (optioned to Tocvan Ventures- (CSE: TOC)), El Mezquite Gold & Silver Project , Jackie Gold & Silver Project, and the Diamante Gold & Silver Project (earn-in agreements with Silver Spruce Resources - (TSXV: SSE)) are also currently being actively advanced.

EnGold Pauses Drilling Due to Fire Risk, Awaits Assays from Lac La Hache

Retrieved on: 
Friday, July 16, 2021

"With fires raging in the region, EnGold has placed safety first and paused its drill program until at least the end of July," said EnGold CEO David H. Brett.

Key Points: 
  • "With fires raging in the region, EnGold has placed safety first and paused its drill program until at least the end of July," said EnGold CEO David H. Brett.
  • "Management will reassess the fire hazard conditions in August and will update investors on the outlook at that time."
  • At the time of shutdown, drilling was underway at the Road Gold hydrothermal breccia, gold-copper-silver target discovered in fall, 2020.
  • EnGold ( www.engold.ca ) is focused on exploring the district-scale alkalic copper-gold porphyry system located on its 100% owned property located near the town of Lac La Hache in BC's prolific Cariboo mining region, home to world-class porphyry deposits.

Headwater Gold Options the Spring Peak Gold-Silver Project, Nevada

Retrieved on: 
Tuesday, July 13, 2021

Figure 1: Location of the Spring Peak Project and other Headwater Nevada projects:

Key Points: 
  • Figure 1: Location of the Spring Peak Project and other Headwater Nevada projects:
    Caleb Stroup, President and CEO of the Company, commented: The Spring Peak Project presents an exceptional opportunity to explore a large and under-explored precious metal system with a clear analog immediately next door at Heclas Aurora mine.
  • Spring Peak and the recently acquired Highland Project are great additions to the Companys compelling portfolio of drill-ready, high-grade targets in Nevada, Idaho and Oregon.
  • About the Spring Peak Project:
    The Spring Peak Project is located in the Aurora Mining District of west-central Nevada, approximately 50 kilometres southwest of the town of Hawthorne.
  • Figure 2: Spring Peak Project location, relative to past-producing Aurora mine:
    A large hydrothermal alteration cell occurs in the center of the Spring Peak Project area, which is interpreted by Headwater as representing high-level manifestations of an epithermal precious metal system.

Abacus Provides Results on Jersey Valley

Retrieved on: 
Thursday, June 3, 2021

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) wishes to announce the results from a recently completed three-hole drilling program on the Jersey Valley epithermal gold property.

Key Points: 
  • VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) wishes to announce the results from a recently completed three-hole drilling program on the Jersey Valley epithermal gold property.
  • The Jersey Valley property is prospective for epithermal precious metal mineralization in an active hydrothermal environment, like the Taupo volcanic zone in New Zealand, and is also prospective for Au-Ag skarns.
  • The reader is further cautioned that the mineralization hosted on nearby properties is not necessarily indicative of mineralization hosted on the Companys Jersey Valley gold property).
  • In addition, Abacus holds a 15-year lease on the Jersey Valley gold property, near Battle Mt., Nevada.

Angold Discovers New Mineralization at Lajitas South Target, Dorado Project

Retrieved on: 
Tuesday, April 27, 2021

"\nLajitas South may be an extension of the Lajitas mineralization or a second large mineral system on the project.

Key Points: 
  • "\nLajitas South may be an extension of the Lajitas mineralization or a second large mineral system on the project.
  • A magnetic high anomaly centered on mineralization is also characteristic of Maricunga style deposits, particularly Cerro Casale.\nThese results suggest a telescoped porphyry-epithermal system at Lajitas South.
  • Both the core and ring portions of Lajitas South display sinter, travertine, and chalcedony, definitive textures of near-surface hydrothermal systems.\nFigure 1.
  • Magnetic, geochemical, mineralization, and alteration results from the Lajitas South target.\n'

Abacus Announces Jersey Valley IP Results

Retrieved on: 
Tuesday, December 1, 2020

VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) is pleased to announce final results from a program of ground IP geophysics at Jersey Valley, within the Battle Mountain trend of north-central Nevada.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) is pleased to announce final results from a program of ground IP geophysics at Jersey Valley, within the Battle Mountain trend of north-central Nevada.
  • JV-1 and JV-2 are the two main IP target zones, and both extend the anomalies 500 metres from the historic IP survey.
  • The Jersey Valley property is prospective for epithermal precious metal mineralization, in an active hydrothermal environment, similar to the Taupo volcanic zone in New Zealand.
  • Abacus also holds a 15-year lease on the Jersey Valley gold property, near Battle Mt., Nevada.