Battle Mountain

Calibre Reports Additional Near Surface, Resource Expansion, Drill Results at Its Pan Gold Mine in Nevada; Initial Results Include 1.23 g/t Gold Over 38.1 Metres and 0.89 g/t Gold Over 54.9 Metres

Retrieved on:

Tuesday, August 1, 2023

Highlights from the Palomino and Dynamite targets include:

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Highlights from the Palomino and Dynamite targets include:
1.23 g/t Au over 38.1 metres including 2.97 g/t Au over 12.2 metres in Hole PR23-080;
0.87 g/t Au over 16.8 metres and 1.58 g/t Au over 21.3 metres including 2.56 g/t Au over 10.7 metres in Hole PR23-088;
1.13 g/t Au over 22.9 metres including 2.82 g/t Au over 4.6 metres in Hole PR23-056;
0.89 g/t Au over 54.9 metres including 1.17 g/t Au over 4.6 metres, 1.41 g/t Au over 9.1 metres and 1.19 g/t Au over 10.7 metres in Hole PR23-066;
1.26 g/t Au over 13.7 metres including 1.72 g/t Au over 9.1 metres and 1.07 g/t Au over 10.7 metres including 1.75 g/t Au over 4.6 metres in Hole PR23-076; and
0.59 g/t Au over 32.0 metres in Hole PR23-086.
0.70 g/t Au over 18.3 metres and 0.79 g/t Au over 32 metres including 2.31 g/t Au over 6.1 metres and 1.21 g/t Au over 3.1 metres in Hole PR23-047;
0.54 g/t Au over 27.4 metres in Hole PR23-049; and
0.50 g/t Au over 91.4 metres in Hole PR23-050.
Some drill holes and intercepts reported here did not cross mineralization perpendicularly, and do not represent exact ‘true widths.
Assays were performed by Bureau Veritas, Reno where fire assays were determined on a 30-gram charge with an AAS finish.

Calibre Reports Positive Higher-Grade Near Surface Drilling at Its Pan Gold Mine, Nevada; Initial Results Include 3.84 g/t Gold over 15.2 metres and 2.08 g/t Gold Over 27.4 Metres

Retrieved on:

Wednesday, June 21, 2023

Results at the Palomino target located immediately south of the open pit operation indicate higher grades than demonstrated at the Pan mine in the current Mineral Resource.

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Results at the Palomino target located immediately south of the open pit operation indicate higher grades than demonstrated at the Pan mine in the current Mineral Resource.
The potential exists now to materially increase resource ounces, grade, and confidence south of the Pan mine.
Some drill holes and intercepts reported here did not cross mineralization perpendicularly, and do not represent exact ‘true widths.
Darren Hall, President, and Chief Executive Officer of Calibre stated: “Pan’s average reserve grade is 0.4 g/t gold, therefore these higher-grade near surface results are very encouraging.

Strong Gold-in-Soil Results at PWC Gold Project Adjacent to NGM’s Cortez Complex

Retrieved on:

Wednesday, February 8, 2023

“We are pleased to report successful results from our Fall/Winter 2022 exploration work at PWC and are excited to continue those initiatives into 2023.

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“We are pleased to report successful results from our Fall/Winter 2022 exploration work at PWC and are excited to continue those initiatives into 2023.
Our goal was to fill in critical gaps of project information and augment historical data, which has never been done within the PWC project.
This zone is directly on trend with NGM’s Cortez Complex that currently has more than 18 million ounces of gold resource*.
Similar orientations of faults are recognized to control Carlin-type gold mineralization at the nearby Gold Acres-Pipeline mines.

Calibre Reports New Gold Discovery at the Pan Gold Mine in Nevada; Initial Results Include 1.36 g/t Gold over 13.7 metres and 0.61 g/t Gold Over 18.3 Metres at the never before drilled Coyote Target

Retrieved on:

Tuesday, January 17, 2023

Initial results at the new Coyote target (“Coyote”), which had never been drill tested, located approximately 3 km south southwest of the Pan open pit demonstrate the exploration and discovery potential on the property.

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Initial results at the new Coyote target (“Coyote”), which had never been drill tested, located approximately 3 km south southwest of the Pan open pit demonstrate the exploration and discovery potential on the property.
Coyote was initially identified through surface geochemistry and rock chip sampling combined with an evolving structural geological interpretation.
In addition, several results, as outlined below, also indicate the potential for resource expansion while focusing on the conversion of known zones of mineralization.
During 2023, Calibre will advance a 38,400 metre drill program in Nevada including 28,000 metres at Pan focusing on new targets and the expansion of known resources.

Pipeline West/Clipper Gold Project Exploration Update

Retrieved on:

Thursday, December 1, 2022

VANCOUVER, British Columbia, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (Riley Gold or the Company) is pleased to announce an exploration update at its Pipeline West/Clipper Gold Project (PWC) located in Lander County, Nevada.

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VANCOUVER, British Columbia, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (Riley Gold or the Company) is pleased to announce an exploration update at its Pipeline West/Clipper Gold Project (PWC) located in Lander County, Nevada.
The project area consists of approximately 24.7 square kilometres (sqkm) in the heart of the Cortez section of the Battle Mountain Eureka Trend and adjoins Nevada Gold Mines LLC which is a joint venture between Barrick Gold Corp. and Newmont Corporation.
We are pleased to have been advancing our exploration work this Fall/Winter at PWC and are excited to continue those initiatives into 2023.
The Companys primary focus is on its two cornerstone assets: the Pipeline West/Clipper Project located in the Battle Mountain Eureka Trend (within the Cortez District) and the Tokop Gold Project located within the Walker Lane Trend.

Calibre Reports New High-Grade Sulphide Mineralization at its Gold Rock Project; Indications of Deep, Carlin-Type Feeder Systems; High-Grade Drill Results Include 6.8 g/t Gold Over 4.6 Metres and 6.6 g/t Gold Over 5.8 Metres

Retrieved on:

Tuesday, November 22, 2022

During the program, Calibre intersected high-grade, sulphide mineralization in areas previously untested by drilling.

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During the program, Calibre intersected high-grade, sulphide mineralization in areas previously untested by drilling.
As evidenced in Figure 2 , mineralization plunges from south to north along both limbs of the Gold Rock Anticline and these gold chutes remain open to depth.
Some drill holes and intercepts reported here did not cross mineralization perpendicularly, and do not represent exact true widths.
Darren Hall, President, and Chief Executive Officer of Calibre stated: We are very pleased with these high-grade results out of our Gold Rock project.

U.S. Gold Corp. Announces the sale of its interest in the Maggie Creek Property for $2.75 million to Nevada Gold Mines LLC (Barrick (61.5%) and Newmont (38.5%) and retains a potential royalty

Retrieved on:

Thursday, November 10, 2022

Under the U.S. Gold Royalty Agreement, NGM will have the right to buy back one-half of the U.S. Gold Royalty (reducing the royalty to 0.25% of Net Smelter Returns) for a fixed price of $500,000.

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Under the U.S. Gold Royalty Agreement, NGM will have the right to buy back one-half of the U.S. Gold Royalty (reducing the royalty to 0.25% of Net Smelter Returns) for a fixed price of $500,000.
In addition, the U.S. Gold Royalty Agreement will provide that U.S. Gold waives the first $800,000 of production royalty payments owed to it, regardless of whether NGM exercises its buy-back rights.
Under the U.S. Gold Royalty Agreement, NGM will also have a right of first refusal to purchase the U.S. Gold Royalty if U.S. Gold decides to sell that royalty.
In 2021, we drilled two holes at the south end of our Maggie Creek exploration project.

Calibre Reports Drill Results from the Pan Mine in Nevada; Results Continue to Demonstrate Strong Resource Expansion Potential; Step Out Results Include 3.35 g/t Gold over 18.3 metres and 0.80 g/t Gold Over 47.2 Metres

Retrieved on:

Wednesday, August 17, 2022

Numerous results outlined below indicate the potential for resource expansion while focusing on converting known zones of mineralization.

Key Points:

Numerous results outlined below indicate the potential for resource expansion while focusing on converting known zones of mineralization.
During 2022, Calibre is advancing a multi-rig 85,000 metre drill program in Nevada including 50,000 metres focused at Pan.
1.06 g/t Au over 10.7 metres and 0.96 g/t Au over 10.7 metres in Hole PR22-055.
1.41 g/t Au over 24.4 metres in Hole PR22-032; and
Encountered higher grade mineralization to the northwest, outside the Syncline pit and open for expansion.

Calibre Reports High Grade Drill Intercepts at its Gold Rock Project, Nevada; Advances Technical Studies with Positive Metallurgical Results; High-Grade Drill Results Include 2.19 g/t Gold over 44.2 metres and 3.36 g/t Gold Over 22.9 Metres

Retrieved on:

Wednesday, June 29, 2022

The Federally permitted project is located within a prospective 78 km2 land package with numerous high-priority targets open for discovery and resource expansion.

Key Points:

The Federally permitted project is located within a prospective 78 km2 land package with numerous high-priority targets open for discovery and resource expansion.
Drill results from 2021 and to date 2022 have intercepted grades higher than the reported indicated mineral resource average grade of 0.66 g/t gold.
Encouraging metallurgical results demonstrate the mineralization is amenable to heap leaching with favorable recoveries and leach cycles.
Gold Rock was not included in our recently released multi-year outlook of forecast gold production ( see news release dated June 22, 2022 ).

i-80 Gold Drilling Intersects 7.1 g/t Au over 78.6 m including 10.1 g/t Au over 41.8 m at Ruby Hill

Retrieved on:

Tuesday, May 10, 2022

Property, Lone Tree, CIL, Mining, Material properties of diamond, Archimedes, GOLD, Company, Gold, Battle Mountain, Program, Getchell, Battle, TSX, CEO, Ruby Hill, Oil, Printed circuit board, Uranium

Highlight results from initial drilling in the Ruby Deeps horizon:

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Highlight results from initial drilling in the Ruby Deeps horizon:
iRH21-02: 7.0 g/t Au over 71.6 m (0.20 oz/ton 235.0 ft) incl.
9.0 g/t Au over 15.8 m (0.26 oz/ton 52.0 ft) and 7.7 g/t Au over 16.5 m (0.23 oz/ton 54.0 ft)
iRH21-03: 9.0 g/t Au over 18.3 m (0.26 oz/ton 60.0 ft) incl.
10.7 g/t Au over 12.2 m (0.31 oz/ton 40.0 ft)
iRH21-04: 9.1 g/t Au over 24.7 m (0.26 oz/ton 81.0 ft) incl.
11.0 g/t Au over 16.2 m (0.32 oz/ton 53.0 ft)
iRH21-05: 7.1 g/t Au over 78.6 m (0.21 oz/ton 258.0 ft) incl.