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Fosterville South Commences Core Drilling at Reedy Creek to Follow Up on Recent High Grade Gold Results

Monday, September 27, 2021 - 1:00pm

Fosterville South has now signed a drill contract with the operator of a diamond drill rig to commence core drilling in the vicinity of this RWR13 discovery hole.

Key Points: 
  • Fosterville South has now signed a drill contract with the operator of a diamond drill rig to commence core drilling in the vicinity of this RWR13 discovery hole.
  • Fosterville South is conducting the first modern exploration of the Reedy Creek Goldfield, which included various geochemical sampling programs in preparation of drilling that has now commenced.
  • The gold mineralization intersected in the drilling is present as a zone of significant quartz veining with fine grained disseminated stibnite and pyrite.
  • While there has been no modern exploration at Reedy Creek, historical gold production reported at Reedy Creek is 43,489 tons for 39,223 ounces at 26.8 grams per tonne gold.

Luminex Discovers a New Porphyry Copper Target at Cascas

Friday, September 24, 2021 - 12:00pm

VANCOUVER, BC, Sept. 24, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") is pleased to announce the discovery of a new porphyry copper target: Hapa, located in the northwestern part of the Company's 100% owned Cascas property.

Key Points: 
  • VANCOUVER, BC, Sept. 24, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") is pleased to announce the discovery of a new porphyry copper target: Hapa, located in the northwestern part of the Company's 100% owned Cascas property.
  • The Hapa target is situated 3 km to the northwest of the Shakai porphyry copper centre and was first recognized by company geologists while executing a 200m x 300m grid soil sample survey.
  • To date, rock chip and channel samples along creeks have assayed as high as 1.29% copper and 0.33% molybdenum.
  • Luminex interprets that a porphyry copper intrusion is located underneath the geochemically anomalous area of Hapa indicating good preservation of the phyllic and underlying potassic alteration zones and the potential for secondary copper enrichment.

Gossan Resources Commences Field Work at its Gander Gold Property and Plans Drill Program for its Glitter VMS Property

Wednesday, September 22, 2021 - 7:56pm

Winnipeg, Manitoba--(Newsfile Corp. - September 22, 2021) - Gossan Resources Limited (TSXV: GSS) (FSE: GSR) (the "Company" or "Gossan") announces its work plans for its Gander Gold Property, NL, and its Glitter Property, in the Sturgeon Lake VMS Camp in Northwestern Ontario.

Key Points: 
  • Winnipeg, Manitoba--(Newsfile Corp. - September 22, 2021) - Gossan Resources Limited (TSXV: GSS) (FSE: GSR) (the "Company" or "Gossan") announces its work plans for its Gander Gold Property, NL, and its Glitter Property, in the Sturgeon Lake VMS Camp in Northwestern Ontario.
  • The Company's wholly-owned Gander Gold Property consists of 9,400 hectares and is adjacent to the Queensway property along the Central Newfoundland Gold Belt owned by New Found Gold.
  • The Company has contracted a LiDAR survey including ortho-imagery across 9,500 hectares of its total Gander property holdings, covering the majority of its claims.
  • In January 2021, Gossan received an all-season permit to conduct drill programs at the Glitter Property with up to 20 drill pad locations, valid for three years.

Advance United Holdings (AUHI) Initiates 2021 Work Program on Buck Lake Property

Wednesday, September 22, 2021 - 12:30pm

Toronto, Ontario--(Newsfile Corp. - September 22, 2021) - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company" or "Advance United") is pleased to report the start of the 2021 work program on the Company's Buck Lake Property in the Batchawana Greenstone Belt in Northern Ontario, Canada.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 22, 2021) - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company" or "Advance United") is pleased to report the start of the 2021 work program on the Company's Buck Lake Property in the Batchawana Greenstone Belt in Northern Ontario, Canada.
  • The Buck Lake Property lies in the Batchawana Greenstone Belt within the Abitibi Subprovince of the Canadian Shield.
  • Geologically the Buck Lake Property overlies the contact between mafic and felsic volcanics, a classic Volcanic Massive Sulphide (VMS) target.
  • Advance United CEO Jim Atkinson states, "We are highly optimistic as we continue to build on the excellent results from past work on the Buck Lake Property - a promising VMS style target.

Silver Valley Metals Provides Corporate Update and Attendance at 2021 Silver Symposium in Coeur D'Alene, Idaho

Wednesday, September 22, 2021 - 1:00pm

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2021) - Silver Valley Metals Corp. (TSXV: SILV) (FSE: L3UA) (OTC Pink: BNRJF) ("Silver Valley Metals" or "the Company") is pleased to provide a corporate update.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 22, 2021) - Silver Valley Metals Corp. (TSXV: SILV) (FSE: L3UA) (OTC Pink: BNRJF) ("Silver Valley Metals" or "the Company") is pleased to provide a corporate update.
  • Silver Valley Metals President & CEO and Director, Brandon Rook commented, "We are making steady progress at the Ranger-Page Project ("the Project") in the Silver Valley, Idaho.
  • Attendance at 2021 Silver Symposium in Coeur d'Alene, Idaho
    The Company is also pleased to announce that it will be attending the 2021 Silver Symposium in Coeur d'Alene, Idaho on September 27th and 28th, 2021, hosted at the Coeur d'Alene Golf & Spa Resort.
  • About Silver Valley Metals Corp.
    Silver Valley Metals is a brownfields exploration company focused on its flagship Ranger-Page Project located in the prolific Silver Valley of Idaho, 60 kilometres east of Coeur d'Alene and 1 kilometre from the I-90 freeway.

Geophysics Program Underway at Tokop Gold Project

Thursday, September 23, 2021 - 10:30am

VANCOUVER, British Columbia, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (Riley Gold or the Company) is pleased to announce that both a ground magnetic survey and gravity survey (collectively the Geophysical Surveys) are underway at its Tokop Gold Project (Tokop) in Esmerelda County, Nevada.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (Riley Gold or the Company) is pleased to announce that both a ground magnetic survey and gravity survey (collectively the Geophysical Surveys) are underway at its Tokop Gold Project (Tokop) in Esmerelda County, Nevada.
  • The surveys are designed to augment known data at Tokop including: historical and Riley Gold sampling, historical and Riley Gold drilling, and historical geophysical surveys.
  • Our initial high-grade gold drill results (of up to 17 grams per tonne (gpt) gold) and surface rock samples (of up to 71.73 gpt gold) have confirmed that high grade gold exists at Tokop.
  • The Companys primary focus is on its two cornerstone assets: the Tokop Gold Project located within the Walker Lane Trend and the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend.

Inventus Mining: Mini Bulk Sampling Returns 9.2 g/t Gold at Pardo 007 Zone

Monday, September 20, 2021 - 7:51pm

Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Project located northeast of Sudbury.

Key Points: 
  • Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Project located northeast of Sudbury.
  • Pardo is the first important paleoplacer gold discovery found in North America.
  • The samples collected by Inventus described in this release were transported in secure sealed bags for preparation and assay by SGS Laboratories.
  • The mini bulk samples were shipped to BM Metals in Sudbury and the entire sample was crushed to inch minus.

Valorem Advances 2021 Exploration and Drill Program for its Wings Shear Gold Property Located in Central Newfoundland

Monday, September 20, 2021 - 12:30pm

Valorem has planned an initial diamond drilling program of 1,000 metres of diamond drilling over six (6) holes focusing on the historically trenched and drill-ready Wings Shear gold prospect.

Key Points: 
  • Valorem has planned an initial diamond drilling program of 1,000 metres of diamond drilling over six (6) holes focusing on the historically trenched and drill-ready Wings Shear gold prospect.
  • The Wings Shear Property comprises 280 claim units covering 7,000 hectares.
  • The property covers a 1km zone of enhanced gold potential, located 32 km northeast of the town of Gander, Newfoundland and Labrador and approximately 27 km east of Newfound Gold Inc.s Queensway Project.
  • We are excited to be progressing our Wings Shear gold property in the Gander Gold camp and are encouraged by the recent discoveries in the area.

Surge Copper Commences 2021 Drill Program at Berg

Monday, September 20, 2021 - 12:00pm

VANCOUVER, BC, Sept. 20, 2021 /PRNewswire/ - Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) ("Surge" or the "Company")is pleased to announce that drilling has commenced at the main Berg deposit area, located within the approximately 350 square kilometre Berg Property in central British Columbia.

Key Points: 
  • VANCOUVER, BC, Sept. 20, 2021 /PRNewswire/ - Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) ("Surge" or the "Company")is pleased to announce that drilling has commenced at the main Berg deposit area, located within the approximately 350 square kilometre Berg Property in central British Columbia.
  • Surge is earning into a 70% interest in the Berg Property from Centerra Gold Inc. (see December 16, 2020 press release).
  • The 2021 drill program at Berg is expected to comprise approximately 4,500 metres across up to 15 holes, with a budget of approximately C$1.3 million and will be continuously evaluated as operating and weather conditions evolve toward the end of the season.
  • The historical drill hole database at Berg comprises a total of 53,754 metres over 215 holes.

Surge Copper Commences 2021 Drill Program at Berg

Monday, September 20, 2021 - 12:00pm

VANCOUVER, BC, Sept. 20, 2021 /PRNewswire/ -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) ("Surge" or the "Company") is pleased to announce that drilling has commenced at the main Berg deposit area, located within the approximately 350 square kilometre Berg Property in central British Columbia. Surge is earning into a 70% interest in the Berg Property from Centerra Gold Inc. (see December 16, 2020 press release).

Key Points: 
  • VANCOUVER, BC, Sept. 20, 2021 /PRNewswire/ -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) ("Surge" or the "Company")is pleased to announce that drilling has commenced at the main Berg deposit area, located within the approximately 350 square kilometre Berg Property in central British Columbia.
  • Surge is earning into a 70% interest in the Berg Property from Centerra Gold Inc. (see December 16, 2020 press release).
  • The 2021 drill program at Berg is expected to comprise approximately 4,500 metres across up to 15 holes, with a budget of approximately C$1.3 million and will be continuously evaluated as operating and weather conditions evolve toward the end of the season.
  • The historical drill hole database at Berg comprises a total of 53,754 metres over 215 holes.