Geology

Silverton Metals Announces Exploration Update Pluton Silver-Zinc-Lead Project, Durango, Mexico

Monday, October 25, 2021 - 12:00pm

VANCOUVER, BC, Oct. 25, 2021 /PRNewswire/ -- Silverton Metals Corp. (TSX-V: SVTN) (OTCQB: SVTNF) ("Silverton" or the "Company") is pleased to provide an update of exploration activities at the Pluton silver-zinc-lead project in the state of Durango, Mexico.

Key Points: 
  • VANCOUVER, BC, Oct. 25, 2021 /PRNewswire/ -- Silverton Metals Corp. (TSX-V: SVTN) (OTCQB: SVTNF) ("Silverton" or the "Company") is pleased to provide an update of exploration activities at the Pluton silver-zinc-lead project in the state of Durango, Mexico.
  • Silverton Metals Corp is a Canadian company focused on the exploration and development of quality silver projects.
  • The company holds a 100% interest in three significant silver assets in Mexico Pluton, in Durango, Peasco Quemado in Sonora and La Frazada in Nayarit.
  • Except as required under applicable securities legislation, Silverton undertakes no obligation to publicly update or revise forward-looking information.

Silverton Metals Announces Exploration Update Pluton Silver-Zinc-Lead Project, Durango, Mexico

Monday, October 25, 2021 - 12:00pm

VANCOUVER, BC, Oct. 25, 2021 /PRNewswire/ -- Silverton Metals Corp. (TSX-V: SVTN) (OTCQB: SVTNF) ("Silverton" or the "Company") is pleased to provide an update of exploration activities at the Pluton silver-zinc-lead project in the state of Durango, Mexico.

Key Points: 
  • VANCOUVER, BC, Oct. 25, 2021 /PRNewswire/ -- Silverton Metals Corp. (TSX-V: SVTN) (OTCQB: SVTNF) ("Silverton" or the "Company") is pleased to provide an update of exploration activities at the Pluton silver-zinc-lead project in the state of Durango, Mexico.
  • Silverton Metals Corp is a Canadian company focused on the exploration and development of quality silver projects.
  • The company holds a 100% interest in three significant silver assets in Mexico Pluton, in Durango, Peasco Quemado in Sonora and La Frazada in Nayarit.
  • Except as required under applicable securities legislation, Silverton undertakes no obligation to publicly update or revise forward-looking information.

GFG Finalizes Montclerg Gold Project Acquisition and Initiates Aggressive Exploration Program

Monday, October 25, 2021 - 12:00pm

SASKATOON, Saskatchewan, Oct. 25, 2021 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (GFG or the Company) announces that the Company has completed its initial obligations pursuant to its previously announced definitive agreement (the Agreement) with International Explorers and Prospectors Inc. (IEP) to acquire a 100% interest in the Montclerg Gold Project (and/or the Project) (see news release: GFG Expands Presence in Timmins - Acquires the Montclerg Gold Project East of the Prolific Timmins Gold District ).

Key Points: 
  • SASKATOON, Saskatchewan, Oct. 25, 2021 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (GFG or the Company) announces that the Company has completed its initial obligations pursuant to its previously announced definitive agreement (the Agreement) with International Explorers and Prospectors Inc. (IEP) to acquire a 100% interest in the Montclerg Gold Project (and/or the Project) (see news release: GFG Expands Presence in Timmins - Acquires the Montclerg Gold Project East of the Prolific Timmins Gold District ).
  • The Montclerg Gold Project is located 48 kilometres (km) east of the prolific Timmins Gold Camp (See Figure 1) and consists of five patented mining claims and 110 unpatented mining claims.
  • The land tenure includes 10 km of the highly prospective Pipestone Deformation Zone (See Figure 2) which hosts multiple gold deposits and mines in one of the most prolific gold districts in the world.
  • The Montclerg Gold Project overlaps the Pipestone Deformation Zone, a major northern splay of the Porcupine Destor Deformation Zone, approximately 8.5 km east of Grace Golds Clavos gold deposit and 37 km west of Mayfair Resources Fen-Gibb gold deposit.

ALX Resources Corp. Appoints David Quirt as Uranium Technical Advisor

Thursday, October 21, 2021 - 4:59pm

Vancouver, British Columbia--(Newsfile Corp. - October 21, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the appointment of David Quirt as a technical advisor to the Company specializing in uranium exploration.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 21, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the appointment of David Quirt as a technical advisor to the Company specializing in uranium exploration.
  • His applied science work has been primarily in economic geology (uranium, diamonds, gold, base metals, Rare Earth Elements), uranium deposit metallogenesis, geochemistry, and host-rock alteration mineralogy.
  • ALX welcomes Mr. Quirt's contribution to upcoming exploration at the Company's uranium projects in the Athabasca Basin area of northern Saskatchewan, Canada.
  • Forward-looking statements in this news release include: the Company's exploration projects are prospective for uranium and other minerals.

Advance United Holdings (AUHI) Acquires Additional Land Expanding Buck Lake Property to Over 4,100 Acres

Thursday, October 21, 2021 - 3:59pm

Toronto, Ontario--(Newsfile Corp. - October 21, 2021) - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company" or "Advance United") is pleased to report that based on the results of known and potential geological extensions of favorable geology the Buck Lake Property has been expanded by the addition of fifty (53) additional claims.

Key Points: 
  • Fifty-three (53) new and additional claims encompass these high potential zones and increase the Buck Lake Property to 4,100 acres in size.
  • 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.
  • The information provides an indication of the exploration potential of the Buck Lake Property but may not be representative of expected results.

Introducing Mineralocity Aggregates

Thursday, October 21, 2021 - 3:30pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211021005215/en/
    Screen capture of the Burgex Mineralocity Aggregates platform showing crushed stone, sand, and gravel producers within the southeastern United States as well as visual representations of production volume and underlying geology of primary aggregate producing units.
  • (Graphic: Business Wire)
    Burgex is excited to introduce Mineralocity Aggregates The Burgex flagship system for analysis of local and regional construction aggregate market trends.
  • Feature Highlights of Mineralocity Aggregates include:
    Estimated annual production mapped for all commercial US producers including crushed stone, sand & gravel.
  • All production locations geo-referenced and analyzed (over 3K+ locations nationwide)
    The Mineralocity Aggregates Platform will be available on a subscription basis in the spring of 2022.

Near-Mine High-Grade Mineralization Confirmed 3 km from Golden Eagle Processing Plant

Thursday, October 21, 2021 - 1:21pm

VANCOUVER, British Columbia, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an update on recent brownfields exploration drilling conducted at the Genie prospect.

Key Points: 
  • Quickly recognizing the excellent potential and new style of mineralization at Genie is a prime example of their strength.
  • Gold mineralization occurs across multiple, stacked, shallow to moderately SW dipping zones and remains open in all directions.
  • This program was designed to test the tenor of gold mineralization where mapping and rock chip sampling highlighted excellent potential for near-surface mineable gold mineralization.
  • This style of mineralization relating to an interpreted early phase of dolerite intrusion represents a new gold mineralization style in the region.

Elevation Gold Announces 36% Increase to Measured and Indicated Resources at the Moss Mine, Arizona in New Technical Report

Thursday, October 21, 2021 - 12:00pm

(2) Ore tonnes stacked per calendar day excludes crushed overliner placed in advance of commissioning the new 3A heap leach pad.

Key Points: 
  • (2) Ore tonnes stacked per calendar day excludes crushed overliner placed in advance of commissioning the new 3A heap leach pad.
  • Mr. Richey has reviewed and approved the technical disclosure in this press release relating to the Technical Report.
  • The exploration information in this news release was reviewed and approved by Dr. Warwick Board, Vice President of Exploration for Elevation Gold Mining Corporation.
  • Management is executing a clear strategy that expands production and resources at the Moss Mine in Arizona while aggressively exploring the Hercules Project in Nevada.

Liberty Gold Reports Resource Upgrade Drill Results from the Main Zone - Hamburg Pit, Goldstrike Oxide Gold Deposit, Utah

Wednesday, October 20, 2021 - 11:00am

VANCOUVER, B.C., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the "Company") is pleased to announce additional results from its 2021 Reverse Circulation (“RC”) drill program at the Goldstrike Oxide Gold Project in southwestern Utah (“Goldstrike”).

Key Points: 
  • Liberty Gold carried out extensive compilation, drilling and metallurgical work, releasing a resource estimate and PEA in 2018.
  • The resource includes an Indicated 925,000 oz of gold grading 0.50 g/t Au (57,846,000 tonnes) and an Inferred 296,000 oz of gold grading 0.47 g/t Au (19,603,000 tonnes), backed by over 1,700 drill holes.
  • Liberty Gold is focused on exploring the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining.
  • 1 Preliminary Economic Assessment entitled Preliminary Economic Assessment and Independent Technical Report for the Goldstrike Project, Washington County, Utah, USA dated July 16, 2018.

Royal Fox Reports Preliminary 2021 Drill Results Including 1.23 g/t over 55.5 Metres and Historic Drill Core Sampling of 9.77 g/t over 4.0 Metres at Philibert

Tuesday, October 19, 2021 - 12:30pm

In fact, drill hole 981-14-300 returned 1.89 g/t Au over 11.3 metres, which appears to be correlated to the eastern domain JSUD.

Key Points: 
  • In fact, drill hole 981-14-300 returned 1.89 g/t Au over 11.3 metres, which appears to be correlated to the eastern domain JSUD.
  • Results from PB-21-316 verified the historical intercept from drill hole 981-12-244 of 55 metres of 2.3 g/t Au, with the location of higher-grade results being almost identical.
  • To date, the Company received results from two domains, including 137SUD which returned 1.34 g/t Au over 6 metres between 195 metres to 201 metres.
  • Simon Marcotte, President and Chief Executive Officer of Royal Fox Gold Inc.
    President and Chief Executive Officer of Royal Fox Gold Inc.