WNW

Significant Drill Results at Becher

Retrieved on: 
Tuesday, February 13, 2024

VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an update on drilling results at the Becher Project, which is part of the Egina earn-in and joint venture (Egina JV) with De Grey Mining (ASX:DEG).

Key Points: 
  • The Egina Gold Camp is Novo’s highly prospective gold belt in the Pilbara and includes the priority Becher and Nunyerry projects (Figure 1).
  • No assurance can be given that a similar (or any) commercially viable mineral deposit will be determined at Novo’s Becher Project.
  • No significant results (>0.1 g/t Au) were returned from AC drilling at Irvine or Bonatti, although RC hole MSRC0030 at Irvine returned 1 m @ 6.3 g/t Au (Appendix 1 – Table 1).
  • One metre AC drill samples are collected from the drill rig through a cyclone and placed on the ground in piles for geological quantitative and qualitative logging.

Meiwu Technology Company Limited Announces 1 for 35 Reverse Share Split

Retrieved on: 
Friday, December 15, 2023

In connection with the reverse share split, the Company’s shareholders will receive one new ordinary share of the Company for every thirty-five shares they hold.

Key Points: 
  • In connection with the reverse share split, the Company’s shareholders will receive one new ordinary share of the Company for every thirty-five shares they hold.
  • The Company’s ordinary shares is expected to begin trading on a split-adjusted basis when the market opens on December 20, 2023,
    The reverse share split is expected to lead the Company’s ordinary shares to trade at approximately thirty-five times the price per share at which it trades prior to the effectiveness of the reverse share split.
  • The Company, however, cannot assure that the price of its ordinary shares after the reverse split will reflect the 1 for 35 reverse split ratio, that the price per share following the effective time of the reverse split will be maintained for any period of time, or that the price will remain above the pre-split trading price.
  • Any fractional shares that would have resulted because of the Reverse Split will be rounded up to the nearest whole share.

Novo Resources: Drilling Underway at Highly Prospective Becher Project

Retrieved on: 
Friday, May 5, 2023

+20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia.

Key Points: 
  • +20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia.
  • 2 While certain aspects of Becher mineralisation seem analogous to that at the Mallina Gold Project as disclosed by De Grey Mining’s Mallina Gold Project, mineralisation is not necessarily representative of mineralisation throughout the Becher Area or the Egina Gold Camp.
  • VANCOUVER, British Columbia, May 05, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce the commencement of a +20,000 m AC drilling program at the Company’s flagship Becher Project (“Becher” or “the Project”), located in the northern sector of the Egina Gold Camp (“Egina”).
  • The Becher Area (E47/3673, 100%-owned by Novo) contains multiple high-priority orogenic gold targets under shallow cover in the highly prospective, yet under-explored Mallina Basin.

Benchmark Highlights Resource Expansion Potential with Innovative Artificial Intelligence (AI) Techniques

Retrieved on: 
Monday, January 23, 2023

Utilizing machine learning in conjunction with detailed logging and geochemical alteration mapping, results indicate the potential exists to expand the Cliff Creek and Dukes Ridge deposits.

Key Points: 
  • Utilizing machine learning in conjunction with detailed logging and geochemical alteration mapping, results indicate the potential exists to expand the Cliff Creek and Dukes Ridge deposits.
  • John Williamson, Chairman and CEO, commented: "Artificial Intelligence methods were used to model gold-bearing trends within each of the deposits.
  • The results are consistent with our prior interpretations and indicate areas of potential expansion within our current open pit models.
  • This work will be used to further refine drilling plans for resource expansion initiatives in 2023.

Nicola Provides Year in Review: 2022

Retrieved on: 
Tuesday, December 20, 2022

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.
  • On March 14, 2022, Nicola announced that it had entered into a Rock and Gravel Extraction and Preferential Engagement Agreement (the "Agreement") with Lower Nicola Site Services Ltd. ("LNSS") an indirectly majority-owned company.
  • LNSS is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.
  • Last month, on November 21, 2022, we announced that we had received a multi-year area-based exploration permit, Permit Number MX-4-697 (the "MYAB Permit4"), on November 3, 2022.

White Gold Corp. Intersects Additional Near Surface High-Grade Gold Mineralization of 8.94 g/t Gold over 18.29m including 21.73 g/t Gold over 6.10m Extending Mineralization Along Strike at the Betty Ford Target, Yukon, Canada

Retrieved on: 
Thursday, December 8, 2022

The Betty property is strategically located on the eastern extension of the Coffee Creek Fault, which hosts Newmont’s Coffee deposit.

Key Points: 
  • The Betty property is strategically located on the eastern extension of the Coffee Creek Fault, which hosts Newmont’s Coffee deposit.
  • The 2022 diamond drilling and RC drilling was designed to further evaluate the Betty Ford target to determine the extent and continuity of mineralization.
  • The property hosts several early-stage exploration targets including the Betty Ford, Betty White, Betty Grable, Betty Black and Mascot targets.
  • These areas include the Betty Ford, Betty White, Betty Grable and Mascot zones.

Nicola Mining Provides Exploration Update Including Results from Recently Completed ZTEM Survey

Retrieved on: 
Tuesday, September 13, 2022

The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in the province of British Columbia.

Key Points: 
  • The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in the province of British Columbia.
  • ZTEM has produced similar comparable signatures in other locations within the district of the Property.
  • The Company is continuing data compilation and interpretation to better refine targets for a drilling exploration program upon receipt of the multi-year area-based ("MYAB1") exploration permit.
  • A 1,029 line-kilometre ZTEM survey was completed across a 184 square kilometre block covering the New Craigmont Property.

InvestmentPitch Media Video Discusses Astra Exploration’s Completion of Phase II Drilling Program at Pampa Paciencia in Chile, Extending Vein 2.1km with Assays Expected in September

Retrieved on: 
Thursday, August 25, 2022

VANCOUVER, British Columbia, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Astra Exploration (TSXV:ASTR) (OTCQB:ATEPF) has completed its Phase II drilling program at its Pampa Paciencia gold-silver project in northern Chile.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Astra Exploration (TSXV:ASTR) (OTCQB:ATEPF) has completed its Phase II drilling program at its Pampa Paciencia gold-silver project in northern Chile.
  • The primary focus was to test the Paciencia Vein System at depth in the two defined high-grade zones defined earlier this year in the Phase I drill program.
  • Eleven holes were drilled into known veins, with 4 holes directed to Paciencia Oeste vein segment, 3 to Paciencia and 4 to Paciencia Este segment.
  • Some deeper holes in the Paciencia and Paciencia Este vein segments are showing a change in the dip and thickness of the vein.

Astra Exploration completes Phase II drilling and Extends Pacienca Vein to 2.1km with Assays Expected in September

Retrieved on: 
Tuesday, August 23, 2022

The Phase II program consisted of 3,976 metres of RC drilling in 15 holes, all in the North Zone target area (Figure 1).

Key Points: 
  • The Phase II program consisted of 3,976 metres of RC drilling in 15 holes, all in the North Zone target area (Figure 1).
  • The primary focus was to test the Paciencia Vein System at depth in the two defined high-grade zones defined earlier this year in the Phase I drill program (Figure 2).
  • Eleven holes were drilled into known veins, with 4 holes directed to Paciencia Oeste vein segment, 3 to Paciencia and 4 to Paciencia Este segment.
  • Some deeper holes in the Paciencia and Paciencia Este vein segments are showing a change in the dip and thickness of the vein.

St. James Gold Corp. Releases an Interpretation of Sentinel Satellite Imagery at the Florin Project, Yukon Territory, Canada

Retrieved on: 
Thursday, June 16, 2022

They will be prospected and sampled to ascertain whether they constitute drill targets aimed at possibly increasing the inferred resource ounces at the Florin Gold Project.

Key Points: 
  • They will be prospected and sampled to ascertain whether they constitute drill targets aimed at possibly increasing the inferred resource ounces at the Florin Gold Project.
  • 1 The Florin Gold Project contains an inferred resource of 2,474,000 oz gold contained in 170,993,000 tonnes grading 0.45 g/t with a cut-off of 0.30g/t, at a $1,650 gold price.
  • of GeoSim Services Inc., dated April 6, 2021, a copy of which is available under the Companys SEDAR profile.
  • 2 Grab samples are selective by nature and may not be representative of actual grades of styles of mineralization across the Florin Gold Project.