Technical report

Mining Veteran Tom Obradovich Joins FenixOro Advisory Committee

Monday, September 20, 2021 - 1:30pm

TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX) (OTCQB:FDVXF) (Frankfurt:8FD) is pleased to announce that Tom Obradovich, a notably successful and experienced mining investor and entrepreneur, has joined the Fenix Oro Advisory Committee.

Key Points: 
  • TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX) (OTCQB:FDVXF) (Frankfurt:8FD) is pleased to announce that Tom Obradovich, a notably successful and experienced mining investor and entrepreneur, has joined the Fenix Oro Advisory Committee.
  • Born and raised into a mining family in Kirkland Lake, Ontario, Mr. Obradovich is a graduate of the Haileybury School of Mines in Mining Technology and Advanced Field Geophysics.
  • FenixOro CEO John Carlesso commented: Tom Obradovich is a seasoned and highly respected veteran in the mining industry and we are very fortunate to have his support on the Advisory Committee.
  • Continental Gold was recently the subject of a takeover by Zijin Mining in an all-cash transaction valued at C$1.4 billion.

Monument Announces Completion of Upscaled Phase 1 Drilling in the Field at the Murchison Gold Project

Monday, September 20, 2021 - 1:30pm

In addition, the drilling tested the strike continuation at Munro Bore Extension that is adjacent to Munro Bore (not owned by Monument).

Key Points: 
  • In addition, the drilling tested the strike continuation at Munro Bore Extension that is adjacent to Munro Bore (not owned by Monument).
  • All drilling completed by Monument utilized the following procedures and methodologies and was carried out under the supervision of Monument personnel.
  • The project area covers the eastern margin of the Meekatharra-Wydgee greenstone belt within the north-eastern Murchison domain.
  • Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia.

Kenorland Minerals Options South Uchi Project to Barrick Gold Corporation

Monday, September 20, 2021 - 1:25pm

As part of its exploration expenditures, Barrick will reimburse the Company for its sunk costs in relation to the Project and its costs incurred in exercising an underlying option that comprises part of the Project.

Key Points: 
  • As part of its exploration expenditures, Barrick will reimburse the Company for its sunk costs in relation to the Project and its costs incurred in exercising an underlying option that comprises part of the Project.
  • Following the earning of a 70% interest, Barrick and Kenorland will form a joint venture in respect of the Project.
  • The Frotet Project is held under joint venture with Sumitomo Metal Mining Canada Ltd. (SMMCL), the Chicobi Project is optioned to SMMCL, and the Chebistuan Project is optioned to Newmont Corporation.
  • The Company also owns 100% of the advanced stage Tanacross porphyry Cu-Au project as well as an option to earn up to 70% from Newmont Corporation on the Healy Project, both located in Alaska, USA.

Heliostar Expands Aquila Discovery to 475 Metres with Multiple New Intercepts from Surface at Unga, Alaska

Monday, September 20, 2021 - 11:30am

Heliostar CEO, Charles Funk, commented: "The 2021 program continues to deliver, showing the SH-1 Resource is just one of many high grade targets within the Unga district.

Key Points: 
  • Heliostar CEO, Charles Funk, commented: "The 2021 program continues to deliver, showing the SH-1 Resource is just one of many high grade targets within the Unga district.
  • These results build on those from earlier in September at Aquila and define a new zone with intercepts from surface that are wide open for expansion.
  • Heliostar performed all 2021 drilling at Aquila with RC and the deepest drill intercept to date is only 70 metres below surface.
  • Vein intersections often form the basis for gold rich shoots within the veins which is looking likely in this zone at Aquila.

Heliostar Adds Porphyry Upside with 71.6 Metres of 0.44 g/t AuEq at Zachary Bay, Unga Project, Alaska

Thursday, September 16, 2021 - 11:30am

These two first-pass RC holes targeted porphyry style mineralization at Zachary Bay and both holes intersected gold and copper mineralization over significant widths.

Key Points: 
  • These two first-pass RC holes targeted porphyry style mineralization at Zachary Bay and both holes intersected gold and copper mineralization over significant widths.
  • Two holes completed 220 metres apart show open intersections, with local higher-grade zones within each hole.
  • Next step is diamond drilling to expand upon higher grade zones, in particular to depth, and drilling the magnetic highs within the porphyry complex.
  • Heliostar CEO, Charles Funk, commented "Unga is a rare project containing the potential for multiple deposit types.

Golden Minerals Commences Reverse Circulation Drill Program; Drills 13.9m Grading 2.9 g/t Au at Rodeo Gold-Silver Mine

Thursday, September 16, 2021 - 11:45am

Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, "The diamond drilling continues to intersect gold-rich zones adjacent to and north of the current pit.

Key Points: 
  • Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, "The diamond drilling continues to intersect gold-rich zones adjacent to and north of the current pit.
  • The mineralized parallel structures east and west of the pit will be tested further with the reverse circulation drilling.
  • We expect to complete the drill program in September and should have all results in hand early in Q4.
  • Golden Minerals is a growing gold and silver producer based in Golden, Colorado.

DGAP-News: Gungnir Resources Inc.: Gungnir Drills 21.65 Metres of 1.09% Nickel at Lappvattnet

Wednesday, September 15, 2021 - 11:03am

- Lappvattnet: Inferred Resource of 780,000 tonnes grading 1.35% nickel for 23.1 million lbs (10.5 million kg) of nickel.

Key Points: 
  • - Lappvattnet: Inferred Resource of 780,000 tonnes grading 1.35% nickel for 23.1 million lbs (10.5 million kg) of nickel.
  • - Rormyrberget: Inferred Resource of 36,800,000 tonnes grading 0.19% nickel for 154 million lbs (70 million kg) of nickel.
  • Assay results include: KN21-01 (0.26 g/t Au over 3 metres from 156 metres); KN21-02 (1.43 g/t Au over 6.0 metres from 136 metres); and KN21-03 (1.87 g/t Au over 3 metres from 144 metres).
  • East of Knaften, the Company holds two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, with updated nickel resources.

i-80 Gold Initiates Underground Test Mining Program at Granite Creek, Nevada

Tuesday, September 14, 2021 - 3:15pm

Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.

Key Points: 
  • Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.
  • The primary goal of the 2021 program is to advance underground drilling and test mining with a target to make a production decision.
  • The test mining program at Granite Creek is verifying the appropriate mining methods, cycles, and sequences for advancing the underground ore headings, while controlling open excavations and maintaining safe mining conditions.
  • In addition to the underground drill program at Granite Creek, the surface drilling program testing nearsurface mineralization for metallurgical purposes and open pit definition is now complete.

REPEAT: ST. JAMES GOLD CORP. (TSX-V: LORD) ANNOUNCES VIDEO OF RECENT SITE VISIT TO THE FLORIN GOLD PROJECT IN THE YUKON TERRITORY, CANADA

Tuesday, September 14, 2021 - 2:15pm

Vancouver, British Columbia, Sept. 14, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the Company) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce a video of the recent site visit by management to its Florin Gold Project in the Yukon Territory, Canada.

Key Points: 
  • Vancouver, British Columbia, Sept. 14, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the Company) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce a video of the recent site visit by management to its Florin Gold Project in the Yukon Territory, Canada.
  • George Drazenovic, CEO, St. James Gold, who recently visited the property stated, Drilling on our Florin Gold Project in the Yukon is proceeding well.
  • While located in the Central Yukon, our site visit confirmed that the Florin Gold Project is easily accessible, including by an all-weather road from the Alaska Highway System, stated George Drazenovic.
  • As shown in our site visit video, a permitted 28-man camp is installed at the drilling area on top of the mountain.

U.S. Gold Corp. Executes Agreement for Additional Land for the CK Gold Project in Wyoming

Tuesday, September 14, 2021 - 1:45pm

The CK Gold Project is located in the mining-friendly state of Wyoming, 20 miles west of Cheyenne.

Key Points: 
  • The CK Gold Project is located in the mining-friendly state of Wyoming, 20 miles west of Cheyenne.
  • U.S. Gold Corp. controls two Wyoming state leases that make up the CK Gold Project.
  • Prior to this land agreement, the Company gained access to the project through an annual easement agreement with the local rancher, who is the primary landowner to the north and east of the CK Gold Project.
  • This will reduce approximately 2.5 miles of travel on County Road 210 to reach the CK Gold Project location from the pavement.