Aclara Resources’ Post

#ASXNews AuMEGA Metals Identifies Several New Exploration Targets Following Completion of Technical Workshop AuMEGA Metals (formerly Matador Mining Limited) is pleased to announce the outcomes of its recently completed comprehensive technical workshop, which was led by world-renowned structural geologist Brett Davis. The workshop was carried out in Port aux Basque, Newfoundland and included AuMEGA Chair Justin Osborne, Company personnel and B2Gold geologists. • Comprehensive technical workshop led by world-renowned structural geologist Brett Davis. • Several new targets identified on the district-scale land package along both the Cape Ray Shear Zone and Hermitage Flexure. • A total of 37 targets in various stages defined and added to project portfolio. • Target ranking in progress with proposed work programs being developed ahead of prioritisation. • Phase one diamond #drilling continues, with assays pending. #AAM’s Managing Director and CEO, Sam Pazuki, P.Eng, M.Fin commented: “We have a massive land package on the two largest known #gold structures in Newfoundland. With ten discrete projects in our portfolio, we have developed a best-in-class approach to exploration, particularly exploring beneath the concealing overburden. We have an incredibly supportive shareholder base that recognises the potential of our district-scale land package, and who appreciates our systematic approach to exploration. These are all critical elements for any successful exploration business.” View announcement: https://bit.ly/3VRpDVC #AUM #AuMEGAMetals #MiningNews #ASX #TSXV

Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that it has discovered a new mineralized porphyry system, now known as West Goodspeed, approximately 1,300m west of the Goodspeed target and 1,200m southeast of the Red Dog Deposit within the district-scale North Island Project. Exploration during 2023 has demonstrated that the North Island Project continues to expand in an area with existing infrastructure and a legacy of mining and resource production. @sam.lee, President & CEO of NorthIsle stated “This new West Goodspeed discovery is yet another example of the highly prospective nature of the northwest portion of the property. Today’s drill results demonstrate very near surface mineralization over at least 200m of lateral extent in an area which has not previously been fully surveyed by modern exploration techniques or drilling. This newly discovered area remains open in all directions and gives us yet another target for 2024 exploration in addition to the gold rich zone at Northwest Expo.” See full news release here including forward looking statements: https://lnkd.in/gG2ReJ5r #copper #gold #criticalminerals #preciousmetals #molybdenum #exploration #investing

Forrestania Resources Ltd (ASX:FRS) has enhanced the #goldpotential of its #EasternGoldfields’ Bonnie Vale project area (E15/1632) with rock chip samples grading up to 2.7 g/t and historic drilling results up to 14 g/t. The company has also reported significant historic geochem soil results of up to 354 parts per billion #gold at the prospect, which features strong zones of highly anomalous gold mineralisation.  These results from Bonnie Vale follow the recent strong results from Ada Ann, which is around 5 kilometres away, including grab samples of up to 49 g/t gold.  Bonnie Vale is close to the historic high-grade mining centre at Christmas Gift, which is within but not part of the company’s licence area, and is coincident with the same geophysical magnetic low.   More at #Proactive #ProactiveInvestors http://ow.ly/pgYi105skJE

August 21st: This newsletter is all about drilling - diamond drilling historical compilation and geological updates on BC projects. Some info not included: * Mountain Province Diamonds, with De Beers Canada, updates mineral reserve/estimates and life of mine plan to 2031 for the Gahcho Kué Diamond Mine in the Northwest Territories; * Lucara Diamond announces the recovery of an exceptional 2,492-carat diamond from the Karowe Diamond Mine in Botswana (photos included); * Starcore announces temporary suspension of mining operations at the San Martin Mine in Mexico following an unscheduled inspection after the recent singular mine fatality; * BC EAO issues an enforcement action to BW Gold for the Blackwater Gold Project near Vanderhoof, BC to cease operation of the construction camp at the Chu Mineral Site; * Government of Canada launches public consultations to gather Canadians’ views on the Canada-United States-Mexico Agreement (CUSMA): * Deputy Prime Minister and Minister of Finance, visited Shell Canada’s Polaris Carbon Capture project in Alberta, which is now moving forward due to the federal government’s Carbon Capture, Utilization, and Storage (CCUS) investment tax credit; * Canada’s Minister of Energy and Natural Resources and Nova Scotia’s Minister of the Department of Natural Resources and Renewables, announced a joint investment of more than $40 million to plant up to 21 million trees by 2031 on private and public lands in Nova Scotia; * There will be a new transit service to connect communities in and around Dawson City and Watson Lake to Whitehorse after a joint investment of more than $3.3 million from the federal government and First Kaska GP Ltd, the economic development corporation of the Liard First Nation. The newsletter link is in the comments! #BritishColumbia #Yukon #MineralExploration #Mining #NewsReleases

Yandal Resources Ltd (ASX:YRL) has identified new #gold exploration targets in an initial review of regional soil sampling from the northwest portion of the Ironstone Well-Barwidgee Gold Project in WA. The review shows strong evidence of gold extending beyond the limit of current drilling at the Oblique and Flushing Meadows prospects, while also providing new early-stage targets based on gold and pathfinder element results. Offering a new #CriticalMinerals opportunity, the review also highlighted several lithium-caesium-tantalum (LCT) anomalies with potential for #BatteryMetal mineralisation. The company also completed diamond drilling at the New England Granite Prospect, with both holes hitting their target at the granite contact, which displayed encouraging deformation and alteration. More at #Proactive #ProactiveInvestors #GoldMining #GoldSrocks #MiningAustralia https://ow.ly/FOgz50SVuau

Variscan Mines Limited (ASX:VAR) has uncovered significant high-grade zinc-lead assay results from historic underground sampling at the Udias Mine in Spain. Highlights include: ✅ Sample UTS-15: 4.50m @ 26.47% Zn, 19.46% Pb ✅ Sample UTB-65: 2.80m @ 35.87% Zn, 0.17% Pb ✅ Sample D-5: 1.55m @ 41.00% Zn, 0.22% Pb Managing Director & CEO Stewart Dickson noted, "These super high-grade zinc-lead sampling results are very exciting ahead of Variscan drill-testing the Udias Mine complex for the first time." With drilling set to commence next month, Variscan is on track to update its Mineral Resource Estimate by year-end, potentially unlocking further value from the Novales-Udias Project. Nick Farr-Jones Frank Bierlein Mark Pitts #Zinc #MiningNews #Exploration #ASX #Resources

In the August 14th newsletter: project updates in BC with drill core assay results and expanded land positions while in the YT, PricewaterhouseCooper Inc. is appointed manager and receiver of Victoria Gold Corp. Some info not included: * EarthLabs launches a bold new reality documentary series, EarthLabs Expeditions, on YouTube set to revolutionize how audiences experience the junior mining and exploration industry; * The Northern Miner’s western editor, Henry Lazenby, conducts a video interview with Brent Cook about 'Grade Smearing' in drill core assay results; * Canada Minister of Energy and Natural Resources, on behalf of the Minister of PrairiesCan, announced new funding of over $16 million to support SRC in Saskatchewan. This funding builds on earlier support of nearly $13.5 million from PrairiesCan and Natural Resources Canada (NRCan) for SRC to establish its Rare Earth Processing Facility and develop new rare earth mineral processing technologies; * Impact Assessment Agency of Canada reposts the substitution decision to the BC EAO for Skeena Resources Eskay Creek Revitalization Project near Stewart, BC; * The Government of Yukon releases a statement and enters into an agreement with PricewaterhouseCoopers to advance funding required to undertake mitigation work following the Eagle Gold Mine in-valley heap leach pad failure. The money advanced by the Government of Yukon for this work will constitute a debt owed to the government, which is to be recovered from the assets of Victoria Gold Corp. The Newsletter and Yukon Government statement links are in the comments! #BritishColumbia #Yukon #MineralExploration #Mining #NewsReleases

American Rare Earths Limited (ASX:ARR, OTCQB:ARRNF) has generated soil sampling results of up to 6,221 parts per million (ppm) total rare earth oxide (TREO) from the Cowboy State Mine area of the Halleck Creek Rare Earth Element (REE) project in Wyoming, US. Samples represent the potential for high-grade REE mineralisation with a TREO content 64% higher than that considered in current mine planning and a recent scoping study (3,805 ppm TREO), offering an opportunity for a larger, higher-grade REE deposit close to those already established by the company. The newly identified mineralised zone has high potential to add to the recently upgraded mineral resource for the project, which sits at 2.34 billion tonnes at 3,196 ppm TREO at a 1,000 ppm TREO cut-off. More at #Proactive #ProactiveInvestors #ASX #OTCQB #ARR #ARRNF #REE #RareEarths #Mining #CriticalMinerals http://ow.ly/Kjro105p1PT

📣 News! The Company is delighted to share that it has combined the Vaddas and Birtavarre projects, thereby creating Norway's single largest #copper-#cobalt exploration project. The property, to be known henceforth as the Vaddas project, with its district-scale size, measures 796 square kilometers - larger than the city of New York 👀 The former Vaddas-Birtavarre mining district contains several known Caledonian-age semi-massive to massive sulfide deposits and is interpreted by the Company to hold the greatest potential for new copper-cobalt discoveries in Norway outside of the central Trondelag province. The Company has enlisted Ginny Gay as a special advisor for the Vaddas project. Sven Gollan, CEO of Teako Minerals, comments: "Following a close collaborative effort with Capella Minerals, our Service Alliance partner, along with a productive site visit, months of desktop studies of historical data from The Geological Survey of Norway (NGU) open archive, and an examination of the drill core at the NGU core shack in December, we marked a significant milestone by starting to stake the Vaddas claims at 00:01 on January 1 - claims that have now been approved. This strategic move aligns with the Norwegian government's latest minerals strategy, envisioned as a 'springboard for the development of the world's most sustainable minerals industry'. For Teako, the significant and district-scale Vaddas project represents a pivotal step for our appearance and developments in Norway." Read the news release here 👉 https://lnkd.in/d_hCWKFw $TMIN $TMIN.CN #Exploration #Copper #Cobalt #Mining #HistoricalData

Ballymore Resources Limited Confirms Extension of High-Grade Gold Mineralization at Dittmer Project (ASX: BMR) Managing Director, David A-Izzeddin, commented, “These latest results further reinforce our belief that we are just scratching the surface at the Dittmer Project. Dittmer has the potential to be a significant standalone gold and copper system, and we’ve just drilled two of the broadest intersections reported to date. We are enormously encouraged by the continuity and the apparent increase in size of the ore zone. Further drilling will be planned to target this newly discovered extension to the historic Duffer Lode.” “Following on from the completion of the highly successful Stage 4 underground drilling program, Ballymore has now commenced its initial surface drilling program to test for extensions of the known mineralisation. Field work has highlighted a major geochemical anomaly that coincides with an area of extensive gold-bearing lodes and historic workings. We have already demonstrated significant gold mineralisation associated with the Duffer Lode and this drilling program is looking to confirm that this forms part of a major gold and copper deposit”. Read our article below: https://lnkd.in/gpXcSiQ6 #gold #mining #exploration #resources #geology #bmr #asx