Quartz

Nicola Mining 2023 Drilling Program at New Craigmont Copper Project Reveals Significant Porphyry-style Alterations

Retrieved on: 
Thursday, December 21, 2023
Quartz, National instrument, Database, Anomaly, QA/QC, 1E3, Quality control, Gravity anomaly, News, QC, Digestion, ICP-OES, IP, CRMS, Certified reference materials, CAS, Typesetting

Once complete, Nicola will begin building a 3D geological interpretation using core logs, mapping data and geophysics.

Key Points: 
  • Once complete, Nicola will begin building a 3D geological interpretation using core logs, mapping data and geophysics.
  • To view an enhanced version of this graphic, please visit:
    Mr. Peter Espig, CEO of Nicola Mining Inc., commented on the findings: "Overall the 2023 Program yielded encouraging results.
  • Nicola maintains tight sample security, and quality assurance and quality control (QA/QC) for all aspects of its exploration program.
  • Nicola geologists are currently reviewing the results of the QC program, pending lab re-runs of select sample batches.

Skyharbour Announces Additional Uranium Property Staking in the Athabasca Basin, Saskatchewan

Retrieved on: 
Thursday, December 21, 2023
National instrument, Athabasca Basin, Exercise, Bangladesh Technical Education Board, Sulfide, DDH, Hydrocarbon, Pegmatite, Magnetism, SMDI, Mining, CAD, TEMPEST, CL-4, News, Fertility, Geology, Quartz, Fraser Institute, Bolt, EM, Hearne Craton, Uranium, Soil, Uranium mining

We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.

Key Points: 
  • We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.
  • Skyharbour is fully funded for its drilling and exploration plans in 2024 with over $10 million in the treasury.
  • Skyharbour has also continued to receive cash payments and share issuances from its various option partners as a part of its prospect generator business.
  • *SMDI refers to the Saskatchewan Mineral Deposits Index and “AF” refers to Saskatchewan Mineral Assessment File.

Skyharbour Announces Additional Uranium Property Staking in the Athabasca Basin, Saskatchewan

Retrieved on: 
Thursday, December 21, 2023
National instrument, Athabasca Basin, Exercise, Bangladesh Technical Education Board, Sulfide, DDH, Hydrocarbon, Pegmatite, Magnetism, SMDI, Mining, CAD, TEMPEST, CL-4, News, Fertility, Geology, Quartz, Fraser Institute, Bolt, EM, Hearne Craton, Uranium, Soil, Uranium mining

We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.

Key Points: 
  • We continue to add to our uranium project portfolio in the Athabasca Basin with this recent staking while advancing our main projects through ongoing drilling and exploration.
  • Skyharbour is fully funded for its drilling and exploration plans in 2024 with over $10 million in the treasury.
  • Skyharbour has also continued to receive cash payments and share issuances from its various option partners as a part of its prospect generator business.
  • *SMDI refers to the Saskatchewan Mineral Deposits Index and “AF” refers to Saskatchewan Mineral Assessment File.

Liatam Mining Makes Investment in Novo and Quartz Hill Joint Venture Formed

Retrieved on: 
Wednesday, December 20, 2023
Quartz, Lithium, ASX, Mineral, Gold, Feasibility study, Silver, IPO, TSX, Toronto Stock Exchange, LCT, JV, NVO, Mining

VANCOUVER, British Columbia, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (ASX: NVO) (TSX: NVO & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce an update to the Quartz Hill Project earn-in agreement with Liatam and also an additional investment by Liatam in Novo of A$1.8 million.

Key Points: 
  • Liatam has exceeded the required spend of A$1.75 million to form the 80%/20% Quartz Hill Joint Venture with Novo in the East Pilbara, Western Australia.
  • Liatam has acquired legal title to the tenements included in the Quartz Hill Joint Venture and becomes the manager of the joint venture, with Novo retaining 20% ownership of battery mineral rights along with 100% of the gold and silver rights on the tenements.
  • The Quartz Hill Joint Venture tenements are considered prospective for lithium-caesium-tantalum (LCT) style pegmatite mineralisation.
  • Following completion of the earn-in requirement, the 80%/20% Quartz Hill Joint Venture (JV) between Liatam and Novo has now been formed.

Strategic Joint Venture With Global Lithium Producer SQM

Retrieved on: 
Monday, December 18, 2023
Lithium, Quartz, Priority, Copper, Azure, Lead, ASX, Sale, Mineral, Novo, Gold, PGE, Metal, Silver, Wesfarmers, Investment, Sociedad, Morazán, TSX, JV, NVO

The Harding Battery Metals Joint Venture tenements are adjacent to or in the vicinity of Azure Minerals’ Andover Lithium – Nickel Project where Azure announced pegmatites hosting significant widths of visible spodumene with high lithium grades returned1.

Key Points: 
  • The Harding Battery Metals Joint Venture tenements are adjacent to or in the vicinity of Azure Minerals’ Andover Lithium – Nickel Project where Azure announced pegmatites hosting significant widths of visible spodumene with high lithium grades returned1.
  • Under the option, SQM will have a 12-month period to elect to include additional Novo Pilbara tenements in the joint venture on the same terms for no further consideration.
  • The Harding Battery Metals Joint Venture expands Novo’s existing exposure to lithium exploration which includes the Quartz Hill Joint Venture with Liatam Mining near Nullagine in the East Pilbara.
  • Novo and SQM have entered into a joint venture agreement relating to Novo’s West Pilbara battery metals portfolio where SQM will be the manager HBMJV.

Nine Mile Metals Provides Drilling Update at California Lake Drill Hole (CL23-10-01)

Retrieved on: 
Monday, December 18, 2023
Quartz, National instrument, Copper, Azimuth, KQ9, VMS, Disclosure, News, Temperature, OTCQB, Radius, PB, Metal, ALS, Dip, BMC

VANCOUVER, British Columbia, Dec. 18, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to provide an update on its current drillhole (CL23-10-01) at its California Lake VMS Project.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 18, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to provide an update on its current drillhole (CL23-10-01) at its California Lake VMS Project.
  • The Azimuth and dip are monitored daily, the Azimuth presently at 209 degrees and the Dip flattened to 65 degrees.
  • Figure 3 : (CL23-10-01) Tectonic Zone with White Quartz, Orange K-Spar
    Nine Mile Metals VP Exploration and Director, Gary Lohman, B.Sc., P.Geo., stated that, “The drill hole is on target as we continue to drill through the Flat Landing Brook felsic volcanics / Tectonic Zone.
  • Local intense hydrothermal alteration, high temperature mineralogy and sulphide banding confirm the potential of the California Lake VMS West trend.

Spod Lithium Completes Phase 1 of Its Exploration Program at Its Lithium Grande 4 and Megali Lithium Projects in James Bay Quebec

Retrieved on: 
Thursday, December 7, 2023
Lithium, Block, National instrument, Outline, Corvette, Lithium superoxide, GPS, Observation, Crystallization, CV5, News, Disclosure, Geology, Lidar, TMC, Quartz, Laboratory, Idea, Val-d'Or, VLF, ALS, Corporation, SPOD, Gold

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB: SPODF) is pleased to report that the company has completed the 1st phase of its exploration program on its MegaLi ( 78 mineral claims covering a total area of 3,996.67 hectares - 40 square kilometres) and Lithium Grande 4 ( 41 mining claims covering 2,100 hectares - 21 square kilometres) projects located in James Bay, Quebec.

Key Points: 
  • Observation shows the potential to identify large pegmatites on Block C. Pegmatites are concentrated in 500-metre-wide swarms recognized over a kilometric strike length.
  • The MegaLi project shares its border with Patriot Battery Metals Inc’s Corvette property and is located about 3 km south from CV5 pegmatite system.
  • The potential drill targets will be further evaluated as part of the 2nd phase of the 2024 exploration program.
  • CV5 pegmatite outline interpreted from https: //patriotbatterymetals.com
    Source: Report on a Ground Gravity Survey Completed on the MegaLi Project, James Bay, Quebec, Submitted to Spod Lithium Corporation.

GFG Significantly Expands Montclerg Gold System at Depth with 12.8 Metres of 4.79 g/t Gold from a 150-metre Step-Out Hole

Retrieved on: 
Tuesday, December 5, 2023
Quartz, Anomaly, Overalls, Gold, Cote, LIVE, Mining

SASKATOON, Saskatchewan, Dec. 05, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) reports initial gold assay results from its recently completed 2023 Phase 2 drill program from its Montclerg Gold Project, located 40 kilometres (“km”) east of Timmins, Ontario (see Tables 1-2 and Figures 1-6). The results released today are from three drill holes completed along the Montclerg gold system where GFG has continuously proven and grown a robust gold system since the Company acquired the asset in October 2021.

Key Points: 
  • Composites include internal dilution of up to 3 m at grades less than 0.2 g/t Au.
  • Included intervals are calculated using a 3 g/t cut-off at a minimum 5 gram-metre product unless otherwise stated.
  • The hole intersected approximately 22 m of moderate to strong sericite-ankerite-silica alteration in mafic volcanics with up to 35% disseminated arsenopyrite and pyrite.
  • Drill hole MTC-23-063 was drilled to test the up-dip extension of the Upper Footwall Zone (see Figures 3-6).

GEMXX Updates on Progress to Acquire 50% Interest in Yukon Gold Project with Proven 2.2 Million Gold Resources

Retrieved on: 
Tuesday, December 5, 2023
Quartz, CIM, Yukon Gold, Klondike Gold Rush, Classification, Mineral, Gold, LAS, IBN, OTC, The Company, Rare-earth element

The proven Yukon Gold Project hosts an estimated 4 million ounces of gold.

Key Points: 
  • The proven Yukon Gold Project hosts an estimated 4 million ounces of gold.
  • The historic ‘Yukon Gold Project’ boasts extensive exploration, proving the site’s potential to host an economic gold deposit of significant proportions.
  • Several reports submitted by the owner for due diligence review state that the property hosts 2,210,660 ounces of proven gold resources.
  • In addition, the probable and possible values indicated in the reports suggest the Yukon Gold Project could yield a total of 4 million ounces of gold.

Brunswick Exploration Intersects Significant Spodumene Mineralization in Dyke Swarm at Mirage

Retrieved on: 
Monday, December 4, 2023
National instrument, Mirage, BRW, MR-2, ICP-AES, Lithium, Beryl, Host, News, Quartz, MR-1, Orientation, ALS, National Instrument 43-101, Rare-earth element

The consistently decimetric spodumene mineralization often reaches up to 50% of the modal mineral content.

Key Points: 
  • The consistently decimetric spodumene mineralization often reaches up to 50% of the modal mineral content.
  • A second, unmapped dyke (MR-3A) was identified in drill hole MR-23-08, marking the first blind discovery of a pegmatite dyke at Mirage.
  • The hole only partially intercepted the margin of the dyke and is not representative of the grade or width of the MR-3A Dyke.
  • Preliminary results from the South Zone, all from pegmatite dyke MR-4, also show significant near-surface bonanza grade mineralization.