Horizontal drillhole disposal

Terra Balcanica Intersects 457 g/t AgEq Over 4.15 m at Central Cumavici Ridge Target in Bosnia and Herzegovina

Retrieved on: 
Monday, November 13, 2023

Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.

Key Points: 
  • Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.
  • The Cumavici Ridge epithermal mineralisation can be observed on surface and has been intercepted as shallow as 7.1 m downhole in CMV23001 (observations released 18th April 2023 with assays pending release).
  • Future exploration at the target will step NW towards CMV23007 and 009 which both intersected mineralization over 600 m along strike.
  • The redrilled Phase I drill hole has been extended to depth of 674 m along the same dip and azimuth.

Terra Balcanica Intersects 457 g/t AgEq Over 4.15 m At Central Cumavici Ridge Target In Bosnia and Herzegovina

Retrieved on: 
Monday, November 13, 2023

Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.

Key Points: 
  • Geological map illustrating the 2022 discovery drillholes (CMVDD001-005), previously released 2023 drillholes and CMV23003 which is the topic of this release.
  • The Cumavici Ridge epithermal mineralisation can be observed on surface and has been intercepted as shallow as 7.1 m downhole in CMV23001 (observations released 18th April 2023 with assays pending release).
  • Future exploration at the target will step NW towards CMV23007 and 009 which both intersected mineralization over 600 m along strike.
  • The redrilled Phase I drill hole has been extended to depth of 674 m along the same dip and azimuth.

Terra Balcanica Drills 1168 g/t AgEq Over 1.35 m At Cumavici Ridge And Confirms New Mineralization Over 600 m Northwest

Retrieved on: 
Tuesday, November 7, 2023

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce initial assay results from the Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge epithermal vein within its principal Viogor-Zanik project in Bosnia and Herzegovina.

Key Points: 
  • Coordinates and elevation were taken by local consultant surveyors using a differential GPS unit.
  • Drilling was focussed on stepping out within the 800 m strike length Au-bearing calc-silicate trend on surface.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • This involves crushing to 70% less than 2 mm, rotary split 1kg and pulverizing the split to greater than 85% passing 75 microns.

Terra Balcanica Drills 1168 g/t AgEq Over 1.35 m At Cumavici Ridge And Confirms New Mineralization Over 600 m Northwest

Retrieved on: 
Tuesday, November 7, 2023

Vancouver, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce initial assay results from the Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge epithermal vein within its principal Viogor-Zanik project in Bosnia and Herzegovina.

Key Points: 
  • Coordinates and elevation were taken by local consultant surveyors using a differential GPS unit.
  • Drilling was focussed on stepping out within the 800 m strike length Au-bearing calc-silicate trend on surface.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • This involves crushing to 70% less than 2 mm, rotary split 1kg and pulverizing the split to greater than 85% passing 75 microns.

Terra Balcanica Completes Phase II Drilling at Viogor-Zanik Project In Bosnia And Closes Private Placement Financing

Retrieved on: 
Monday, September 25, 2023

Vancouver, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce closing of the final tranche of its non-brokered private placement financing (the “Offering”) of units (the ”Units”) for total gross proceeds of $1,212,778. The Company further announces that it has completed the 2,000 m, Phase II drill program at the flagship, 216 km2 Viogor-Zanik project (the “Project”) in eastern Bosnia and Herzegovina.

Key Points: 
  • The Company further announces that it has completed the 2,000 m, Phase II drill program at the flagship, 216 km2 Viogor-Zanik project (the “Project”) in eastern Bosnia and Herzegovina.
  • In total, 17 diamond drill holes were completed during the 2023 Phase II campaign totalling approximately 2,000 m with a significant number of them macroscopically exhibiting sulphide mineralization.
  • Terra Balcanica CEO, Dr. Aleksandar Mišković, commented: “The conclusion of exploration drilling perfectly coincided with the closing of the private placement financing.
  • Terra used the net proceeds of the Offering for working capital and to finance the Phase II drilling of the two target zones in Bosnia and Herzegovina.

Alamos Gold Announces Ongoing Exploration Success at Mulatos Including Expanding High-Grade Mineralization at Puerto Del Aire and Intersecting Wide Intervals of Significant Gold Mineralization at Capulin Target

Retrieved on: 
Wednesday, September 13, 2023

Drilling continues to extend high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”).

Key Points: 
  • Drilling continues to extend high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”).
  • Additionally, step-out drilling at the Capulin regional target continues to intersect wide intervals of significant gold mineralization.
  • New highlights include:
    Step-out drilling continues to intersect wide, significant intervals of oxide and sulphide gold mineralization within a breccia adjacent to the Capulin Fault.
  • Reflecting ongoing exploration success, the 2023 exploration budget at Mulatos has been increased for a second time this year to $24.5 million.

Prospera Energy Inc. Announces Horizontal Infill Drilling Program Update and Interest Payable Reduction Settlement

Retrieved on: 
Tuesday, September 12, 2023

Prospera has completed the drilling of four horizontal wells of the ten well multi-pad infill drill program.

Key Points: 
  • Prospera has completed the drilling of four horizontal wells of the ten well multi-pad infill drill program.
  • High praises to Lasso Drilling Corporation for the effective synergy with Prospera to attain efficiency.
  • Overall, this Phase 2 development plan will allow Prospera Energy to become a low-cost producer with a significant increase in production.
  • This interest payable will reduce the current liabilities, in turn further improving its current ratio and liabilities related to the settlement of historical arrears.

Latitude Uranium Completes Successful Phase 1 2023 Drill Program at Angilak

Retrieved on: 
Wednesday, August 30, 2023

TORONTO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce it has completed Phase 1 of its 2023 drill program at the Company’s recently acquired Angilak Project located in Nunavut, Canada.

Key Points: 
  • TORONTO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce it has completed Phase 1 of its 2023 drill program at the Company’s recently acquired Angilak Project located in Nunavut, Canada.
  • Phase 2 is expected to include up to an additional 700 metres for a total of 5,500 metres for the entire 2023 season.
  • Phase 1 of the 2023 Angilak drill program consisted of 15 holes totaling 4,750 metres focused on the Main Zone of the Lac 50 Trend.
  • Phase 2 of the drill program is currently being mobilized and is anticipated to include an additional 700 metres for a total of 5,500 metres for the entire 2023 field season.

Foremost Lithium Undertakes Extensive Exploration Program in Preparation of Upcoming Drill Season

Retrieved on: 
Tuesday, August 29, 2023

VANCOUVER, British Columbia, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, has undertaken an extensive summer exploration program on its “Lithium Lane Properties”, near the historic mining center of Snow Lake, Manitoba.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, has undertaken an extensive summer exploration program on its “Lithium Lane Properties”, near the historic mining center of Snow Lake, Manitoba.
  • DGC has applied its established targeting methodology to Foremost’s extensive geological database, integrating historical and recent exploration records to highlight high-priority targets.
  • The properties are certainly not short on potential targets, and we look forward for results of this exploration program to help delineate drill targets on all our Lithium Lane Properties”.
  • The property has not been subjected to substantial LCT Pegmatite exploration, making it a focus for the 2023 surface exploration initiatives.

ARIS MINING ANNOUNCES HIGH GRADE DRILL RESULTS FROM ONGOING SEGOVIA OPERATIONS EXPLORATION PROGRAM

Retrieved on: 
Wednesday, August 16, 2023

VANCOUVER, BC, Aug. 16, 2023 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces the results received to date from its ongoing 2023 exploration program at its Segovia Operations in Colombia.

Key Points: 
  • VANCOUVER, BC, Aug. 16, 2023 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces the results received to date from its ongoing 2023 exploration program at its Segovia Operations in Colombia.
  • Neil Woodyer, CEO of Aris Mining, commented "Our program encompasses the exciting work of discovering new high grade vein structures near existing mine infrastructure.
  • Segovia has an impressive legacy of high grade gold production from numerous large scale, narrow quartz-sulfide veins for more than 150 years.
  • Our exploration investment continues to result in new high quality ounces and we eagerly await the results of the next phases of this program."