AuMEGA Metals (formerly Matador Mining Limited)

AuMEGA Metals (formerly Matador Mining Limited) Hermitage property consists of 27kms of continuous strike along the large crustal scale suture zone between the Dunnage and Gander zones, known as the Hermitage Flexure. The Company’s exploration activities have been spread over three distinct areas within the Hermitage property with prospecting and mapping currently underway. These three distinct blocks are defined by unique geological characteristics along with specific pathfinder geochemistry and mineralisation styles. Each block hosts multigram bedrock #gold showings that span much of the strike extent of the Hermitage property. Learn more: https://loom.ly/v5bp2jE #ASX #AAM #TSXV #AUM

As phase two diamond #drilling gets underway, the primary focus and initial drill targets are at the O-2 West area at AuMEGA Metals (formerly Matador Mining Limited) Malachite within the Cape Ray Shear Zone in Newfoundland, Canada. The RC winter drill program identified this area as a standout, delivering the best bedrock sample. Discover more: https://bit.ly/3SV6LEO #Gold #AuMegaMetals #AAM #AUM #ASX #TSXV #goldnews #miningaustralia

Final assay results from phase one diamond #drilling at AuMEGA Metals (formerly Matador Mining Limited)'s Malachite within the Cape Ray Shear Zone located in Newfoundland, Canada and the till survey over the highly prospective Intersection Project, are expected in the coming weeks. Learn more: https://bit.ly/3SV6LEO #Gold #AuMegaMetals #AAM #AUM #ASX #TSXV #goldnews #australianmining

via The Market Online (Australia) AuMEGA Metals (formerly Matador Mining Limited) has extended the #gold mineralisation of its Central Zone within the Cape Ray Shear Zone in Canada, where it has been conducting a diamond #drilling program to test new structural targets. Read more ⬇️https://loom.ly/Etepjhs

via Grafa AuMEGA Metals (formerly Matador Mining Limited) (ASX: #AAM) announced assay results from its first phase of diamond drilling along the Cape Ray Shear Zone in Newfoundland and Labrador. Read more ⬇️ https://loom.ly/GxSUSdM

#ASXNews AUMEGA METALS EXTENDS GOLD MINERALISATION at Central Zone in Newfoundland AuMEGA Metals (formerly Matador Mining Limited) is pleased to announce assays results from the first phase of diamond #drilling located in the resource corridor along the Cape Ray Shear Zone in Newfoundland and Labrador, Canada. The Company drilled eight diamond drill holes for 1,900 metres. Two drill holes targeting conceptual ore shoots at depth at Central Zone delivered significant gold intercepts well below the known mineral resource. 🔸Step-out drilling at Central Zone extends gold mineralisation down plunge of the current highgrade mineral resources at both Zones 04 & 41. 🔸Drillhole CRD381 at Zone 04 delivered gold intercept of 3.62 g/t over seven metres from 522 metres including 19.7 g/t gold and 1.6% copper over one metre. 🔸Drillhole CRD380 at Zone 41 delivered gold intercepts of 1.94 g/t over 7.5 metres from 301 metres and 5.74 g/t over one metre from approximately 382 metres at the top contact of the Window Glass Hill Granite. 🔸Drilling at Central Zone intersected the WGHG in the footwall of the Z04 and Z41 deposits, extending the occurrence of the mineralised structure. 🔸The footwall drillhole CRD382 intersected a felsic unit similar to the WGHG and presents another target for follow up. 🔸Strawberry Hill Granite results indicate potential for intrusive related gold mineralisation with some assays pending. #AAM's MD and CEO, Sam Pazuki, P.Eng, M.Fin commented: “The first phase of diamond drilling yielded positive results that demonstrate potential for mineral resource growth in areas never previously drill tested within the resource corridor. “Of additional interest, both Central Zone drillholes intersected the prospective WGHG as dyke-like intrusions in the footwall of the main deposits. Drillhole CRD380 yielded 5.74 g/t gold over one metre on the top contact of the WGHG, further confirming the potential for mineralisation associated with the WGHG horizon. Another drillhole targeting parallel mineralisation repeats in the footwall intersected a previously unknown felsic unit similar in appearance to the WGHG with the potential to act as a favourable brittle host. We are currently evaluating this as a high-priority follow-up for future exploration. “The drilling we completed in the resource corridor this summer was a limited program to test newly identified structural targets. “The second phase of our 2024 diamond drilling program is progressing at Malachite. We anticipate reporting results from the Malachite drill program in the fourth quarter.” View the Announcement: https://loom.ly/JqB256s #golddiscovery #goldnews #miningnews #aumega #asx #tsvx

🔹TSXV LISTED🔹TSXV: AUM Sam Pazuki, P.Eng, M.Fin, Managing Director & CEO, AuMEGA Metals (formerly Matador Mining Limited) and his team joined Dean McPherson, Head of Global Mining, Toronto Stock Exchange TMX Group, to celebrate the Company's dual listing on TSX Venture Exchange and open the market. #tsxv #listed #miningnews #AUM #AAM

AuMEGA Metals (formerly Matador Mining Limited) welcomes the appointment of a highly experienced and well-respected exploration geologist, Rick Greenwood, P.Geo. as the Company’s new Vice President of Exploration. Rick’s start date is expected to be 1 October 2024. Rick is a professional Geologist from Newfoundland and brings over 20 years of Canadian gold exploration experience, most recently as Exploration Manager for Kinross Gold, a major global gold producer. Prior to joining Kinross, Rick was with Great Bear Resources (“Great Bear”) in Ontario and a member of the discovery team of what was one of the largest gold discoveries over the past decade in Canada. Read the announcement: https://loom.ly/zNXN1KE #leadership #gold #goldnews #mining #investing #AAM

via Grafa AuMEGA Metals (formerly Matador Mining Limited) announced key developments in its Hermitage #Gold and Antimony Project in Newfoundland. The recent activities include prospecting and mapping, identifying extensive hydrothermal alteration with quartz-dominated breccias and the North Limb Fault's subparallel fault splays potentially forming a large-scale permeability network. Read more: https://loom.ly/HylEGiA #ASX #TSXV #mining

#ASXNews AuMEGA Provides Hermitage Gold and Antimony Project Update AuMEGA Metals (formerly Matador Mining Limited) is pleased to provide an update on its high-grade Hermitage gold and antimony project. • Prospecting and mapping currently underway at the Hermitage #Gold and Antimony Project. • This recent prospecting work has identified several large areas of hydrothermal alteration that host quartz-dominated hydrothermal breccias with relatively chaotic hydrothermal breccias transitioning to breccia veins containing angular wall-rock clasts away from the fault strands. • Recent #mapping and data analysis interprets the regional-scale North Limb Fault, previously identified by the Company, comprises of numerous subparallel fault splays and links that have potential to form a permeability network on a massive scale. • High-resolution airborne magnetic and very low frequency (“VLF”) geophysical survey expected is now expected in the Canadian autumn of 2024. • Staked mineral licence adjacent to the south of the Company’s Hermitage claims extend AuMEGA tenement holding along an interpreted major structural splay. • Historic Government Lake sediment geochemical studies identified the Hermitage Project area as having the largest and highest tenor antimony anomaly in the province. • Hermitage Project is in the same geological domain as the recently closed high-grade Beaver Brook Antimony mine that operated for approximately six years. • Currently evaluating the potential of historically identified uranium showings in the Hermitage Project area. • Phase one diamond drilling assays are expected in the near-term with phase two #drilling currently underway. #AAM’s Managing Director and CEO, Sam Pazuki, P.Eng, M.Fin commented: “Hermitage is one of several projects we have in our portfolio and among our top ranked exploration projects due to its structural and geological architecture. We believe this is highly prospective gold belt and prospecting work has already produced encouraging gold and antimony results over the last two years. This includes multi-gram gold in outcrop over 7 kilometres of strike and high-grade antimony from samples, supporting our belief in the discovery potential of the project. We continue to validate the highly prospective nature of the Hermitage property through our systematic and results driven reconnaissance approach to exploration.” See the full announcement: https://loom.ly/UEUjrEM #AuMEGAMetals #MiningNews #ASX #TSXV #AUM