“These additional RC drill results from Machichie confirm the presence of a significant zone of near surface gold-in-oxide mineralization at Machichie which appears to overlay another primary gold deposit. Further drilling will be required to fully define the limits to both the weathered gold-in-oxide mineralized material and the underlying hard-rock mineralized zone which was the focus of previous drilling. Both of these zones remain open along strike and to depth. The proximity of Machichie to the MG gold deposit has significant positive implications for the overall near surface gold-in-oxide resources which are amenable to heap leaching at Cuiú Cuiú, as well as the underlying resource base in fresh intrusive basement rocks.” -- Alan Carter President & CEO https://lnkd.in/dt_W3MYJ
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$LIO.V discovers copper porphyry mineralization at Tuvatu. Drilling intersects multiple zones of extensive copper mineralization up to 210.8 m in length. https://lnkd.in/geMy2zGm
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#ASXNews Significant polymetallic mineralisation at Cumbre Coya Target, Picha Project, Peru Firetail Resources is pleased to provide an update on the maiden diamond drilling (DD) program at the Picha #Copper Project in Peru. Assay results have been received from the first drill hole at the Cumbre Coya target, 23PCCD0001, confirming mineralisation in the area. • Cumbre Coya Target: Drill hole 23PCCD0001 includes: • 15.5m @ 0.72% Cu, 130g/t Ag 1.92% Pb and 0.16% Zn from 3.25m including 1.70m @ 0.50% Cu, 500g/t Ag and 5.9% Pb from 9.6m and 2.75m @ 2.06% Cu from 14.15m • 3.2m @ 0.23% Cu from 111.1m • 1.45m @ 0.17% Cu, 15.5g/t Ag, 0.51% Pb and 0.19% Zn from 41.75m • Follow-up drillhole at Cumbre Coya target – Drillhole 23PCCD0002 completed to a depth of 341.4m, with visible secondary copper mineralisation in the form of malachite, chalcocite and azurite in veins and breccias between 63m and 102m. • Drilling of sixth drill hole in maiden #drilling program is now underway with three of the first five holes having intersected significant copper and silver mineralisation. #FTL’s Executive Chairman, Brett Grosvenor, commented: “What a great way to start the new year. These latest assays continue to validate the presence of a mineralised system in Picha. With these type of results we now have some comfort that a super gene secondary mineralisation exists at the Cumbre Coya Target. “Whilst our in country team continues to complete the drill program, and we eagerly anticipate further assays of this nature to come through as we uncover the opportunity of this potential deposit. “We look forward to bringing consistent news and market updates over the coming months as we finalise our maiden drill campaign towards the end of April.” Full announcement: https://loom.ly/fHYcGPU #FiretailResources #lead #zinc #ASX
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Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF) announced that initial scout drilling, regional sampling and mapping at its Santo Domingo porphyry copper and gold project in Argentina has identified a promising mineralized system. The company said initial scout drilling has identified the depth potential at the El Arriero breccia-controlled, dyke-dominated, porphyry copper-molybdenum system and has highlighted the stark difference between El Arriero and the broader, surrounding copper-gold porphyry style mineralization. It said mapping and sampling confirmed that the broader copper-gold porphyry system is represented by variably exposed magnetite matrix breccias, quartz-magnetite veinlets and sheeted veinlets related to porphyry dykes. Rock chip samples returned up to 3.6% #copper and 86.8 grams per ton (g/t) #gold and channel samples returned best results of 20 metres at 1.2 g/t. More at #Proactive #ProactiveInvestors http://ow.ly/iMeT1052XbS #TSXV #OTC #RYR #RRDMF
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Gander Gold Corp. (CSE:GAND) has unearthed what is described as a significant gold system at the Lizard Pond area of the Gander South project. The company, in a statement, said that each hole in recent drilling at Lizard Pond showed continuous gold mineralization from the surface, across the entire length of 65 meters (m). Highlight drill results exceeded 1 gram per tonne (g/t) – with 1.06 g/t gold (Au) over 13.7m and 1.48 g/t Au over 3.0m, both of which from the surface. The results align with the upper percentile values from the explorer’s prior soil and rock geochemistry studies. Chief executive Mark Scott described the company as “very pleased” with the significant results. “All three drillholes were consistently mineralized from top to bottom and two of the three had greater than 1 g/t Au occurring over significant widths immediately below the overburden cover,” Scott said in a statement. More at #Proactive #ProactiveInvestors #CSE #GAND http://ow.ly/qSIw1054hOb
Gander Gold unearths significant gold system at Lizard Pond
proactiveinvestors.com
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Recent diamond drill results at the Red Mountain #Copper-#Gold Project (100% owned by Xanadu Mines Ltd), particularly at Target 33 were highly encouraging, and warrant near term follow-up #drilling. #Exploration drilling at Target 33 centred upon extending the gold surface expression from previous drilling and trenching. Multiple broad zones of gold mineralisation were successfully intersected. This mineralisation is associated with the main east-west trending intrusive and some narrow higher-grade associated with cross cutting epithermal mineralisation. Gold-rich intersections at Target 33, include: • 41m @ 1.07g/t Au from 34m, including higher-grade zones grading up to 2.67g/t Au (OUDDH128) • 29m @ 0.54g/t Au from 4m, including higher-grade zones grading up to 1.39g/t Au (OUDDH130) Learn more: https://loom.ly/A18ZfL8 #XAM #XanaduMines #ASX #TSX #Mongolia
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High-grade gold results, up to 67g/t Au intersected from the first hole in the diamond drilling program at our Trafalgar Prospect at the Golden Ridge Project. 3 intersections returned >1 ounce/tonne gold, with drilling confirming the continuity of multiple sub-parallel high-grade gold veins at Trafalgar. A second hole has been completed with further assays pending from the first and later holes. Managing Director and CEO, Neil Marston commented, “These are impressive early results from the first hole of our drilling campaign at the Trafalgar Prospect at Golden Ridge in Northeast Tasmania, adding further confidence to our understanding of Trafalgar as a multiple high-grade vein, intrusion-related gold deposit. “Earlier this year our exploration model for Trafalgar was refined and updated. Based on the new model this first drill hole was designed to test for mineralisation beneath the historic Trafalgar mine, and up dip of previously intersected high-grade intervals. We have intersected high-grade mineralisation in the target zones, which increases confidence in our work and the ability to understand this high-grade gold system.” “We look forward to releasing further drilling results as this program progresses over the coming weeks.” Read the full ASX announcement: https://lnkd.in/gpqFYaHy #FG1 #gold #exploration #Tasmania
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Barton Gold (#ASX:BGD) boosts JORC resource to 1.5Moz at Tunkillia with Area 51 upgrade, continues exploration for high-grade targets in 2024
Barton Gold (ASX:BGD) grows Tunkillia resource to 1.5Moz gold
themarketonline.com.au
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Exceptional, High-Grade Copper Intersected at Lana Corina - 298m @ 0.98% CuEq Culpeo Minerals Minerals’ Managing Director, Max Tuesley, commented: “This intersection is exceptional in terms of both length and grade, clearly demonstrating that the Lana Corina geological system is something very special. Results returned to date confirm the longest ever mineralised intersection at the Project. Importantly, these results represent just the upper 388m of the hole. Drilling is ongoing with the hole currently at a downhole depth of 700m. The extensive and rich mineralisation intersected so far, supports our strategy that additional drilling will lead to substantial increases in the Project’s scale. This is an exciting time for both our Company and our Shareholders, with what is emerging as a significant copper system in the Coastal Cordillera of Chile.” Congrats to the whole team at Culpeo Minerals Max Tuesley Geoff McNamara Paul Schmiede Zeffron Reeves Sergio Uribe Valdés #asxnews #investingnews #copper https://lnkd.in/gRwtDxCT
Exceptional, High-Grade Copper Intersected at Lana Corina - 298m @ 0.98% CuEq
investingnews.com
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#ECR - Planning underway for Diamond Drilling programme at #Tambo in Q4 ✅ Follows earlier best results from rock chip sampling including 52.2 g/t #gold Au ✅ 84 soil samples taken at Duke Of Cornwall Lode ✅ Best results incl 0.56 ppm Au - a total of 48 samples returned above 0.01 ppm Au ✅ #Bailieston - Discussions advancing on pathways to maximise #Antimony potential given continued price rise ✅ Antimony classified as a critical mineral by the Australian Government COO Mike Whitlow commented: "The results of the comprehensive soil analysis at Tambo, coupled with the exceptional quality of the previously collected rock chip samples have significantly boosted our confidence in the project's potential. The continuity of the gold results, as well as confirmation of a direct correlation with bismuth, strongly supports our decision to prioritise drilling at Tambo at the earliest opportunity later this year. We are making excellent progress in securing the required permits and services to commence drilling operations and will provide further updates as they become available." read: https://lnkd.in/eJfTJjWX Andrew Scott
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In case you missed it, we shared some updates from our Phase 2 Exploration Program at the Tartan Mine near Flin Flon, Manitoba! Hanging Wall Zone (HWZ) 20.6 g/t Gold Over 5.7 Metres, including 30.4 g/t Gold Over 3.0 Metres! Our team's innovative directional drilling tool has proven its worth, expanding high-grade gold in the Hanging Wall Zone to the west and intersecting the Main Zone, extending the deposit even further. Main Zone (MZ) Discovery! 8.0 g/t Gold Over 3.0 Metres, within 3.1 g/t Gold Over 18.4 Metres! We've hit another jackpot, uncovering significant gold in the Main Zone, adding depth and width to our resource potential. Phase 2 Exploration Program Update: With 4,000 meters drilled and more to come, we're eagerly awaiting assay results, aiming to update our resource estimates. Stay tuned as we dive into the South Zone, targeting further mineralization to expand our resource base. #CanadianGoldCorp #TartanMine #Exploration
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