Cabral Gold’s Post

#ASXNews Outstanding Drill Results Grow Potential at High-Grade Bulletin Deposit Calidus Resources Limited is pleased to report outstanding initial drill results from 10 holes of a 24 hole RC programme at the high-grade Bulletin deposit, where mining is planned to commence later this year and processed through the Warrawoona mill. • Resource #drilling completed at Bulletin and assays have been received for 10 of 24 holes, highlights include: • 14m @ 8.58g/t Au from 50m (23BTRD020) • 32m @ 3.42g/t Au from 143m (23BTRD013) • 6m @ 12.74g/t Au from 131m (23BTRD007) • 2m @ 25.05g/t Au from 96m and 5m @ 11.93g/t Au from 111m (23BTRD019) • 13m @ 4.42g/t Au from 114m (23BTRD027) • 6m @ 25.08g/t Au from 108m and 6m @ 6.37g/t Au from 143m (23BTRD012) • 17m @ 2.39g/t Au from 81m (23BTRD015) • 6m @ 5.29g/t Au from 124m (23BTRD0011) • Holes BTRD013, 23BTRD007 AND 23BTRD012 all intercepted mineralisation below the currently modelled Mineral Resource of 832kt at 4.1g/t for 110,000 ounces increasing the possibility of a resource increase #CAI’s Managing Director Dave Reeves said: “These results confirm the high-grade nature of the Bulletin deposit and reinforce why it will facilitate a step change in our ounce production profile and cash generation when operations commence later this year. “The results show strong mineralisation occurring outside the previous modelled resource highlighting the potential for an increased resource base for mining.” Full announcement: https://loom.ly/xYxiVWo #CalidusResources #gold #ASX

With gold prices near an all-time high, MetalsGrove Mining is revisiting its Bruce Prospect in the Central Desert Region of the Northern Territory with an exploration program targeting high-grade gold and copper.  The company is set to conduct initial surface mapping and sampling over areas prospective for high-grade gold and copper.  A mapping program in 2022 identified at least three main ferruginous quartz vein sets with strike lengths up to 2.8 kilometres long along the west-east trend at the prospect. A total of 91 individual veins have previously been mapped with the majority yet to be sampled.  Of the veins sampled, best high-grade #gold #copper assays include gold values of 53 g/t, 15 g/t and 7.2 g/t, and copper values of up to 2.66%.   More at #Proactive #ProactiveInvestors #MGA #ASXgold http://ow.ly/gwhU105Hnqi

Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) released new assay results from three drill holes at its Hat porphyry project, in the Stikine mining district of northwestern British Columbia, Canada. The project boasts several critical North American metals, including #copper, #cobalt, and #scandium. Drilling confirmed southern and southwestern extensions of the Lisle zone of porphyry-style mineralization, with notable intercepts such as 213.7 meters at 0.21g/t Au (1.05% Cu Eq) and 2.0 meters at 2.85g/t Au, 254 g/t Co, and 1.38% Cu. Doubleview’s 2023 drilling campaign focused on exploring and confirming the southern and southwestern extensions of the Lisle zone of porphyry-style mineralization. The results indicate robust metal values and expansive dimensions, along with a previously undisclosed area featuring high #gold and cobalt values. More at #Proactive #ProactiveInvestors #TSXV #OTCQB #DBG #DBLVF http://ow.ly/jgSj105guKH

Drilling matters the most ... we drill to produce results

📣 Assays from a step out diamond drill hole extends Gem 140m down-plunge The Gem deposit is within the Kundip Mining Centre at our Ravensthorpe Gold Project. 1. The hole intercepted 7.8m @ 2.7 g/t Au, 0.1 % Cu, 0.6 g/t Ag from 449.0m (DD22KP1149) including: - 1.0m @ 11.0 g/t Au, 0.1 % Cu, 1.5 g/t Ag from 451.0m; and - 0.8m @ 8.0 g/t Au, 1.3 g/t Ag from 456.0m 2. Reported intercept from significant drill step-out situated 100m outside the defined boundaries of the existing Mineral Resource Estimate (MRE) and 140m down plunge from nearest drill hole 2. Confirms Gem mineralised system extends 400m below surface and remains open 3. Intercept located at eastern margin of interpreted plunge with follow up drilling planned to test plunge core 4. Further Mineral Resource growth expected from south-western extension of Gem deposit Managing Director, Paul Bennett, commented: “This is an extremely encouraging result, extending Gem to 400m below surface with the structure remaining open. This step out from a pre-existing hole at Harbour View and into the hanging-wall at Gem demonstrates the confidence the geology team has in the continuity of the structure. The result also confirms Gem and Harbour View continue to project toward one another at depth representing another exciting exploration target, one of many within the Kundip Mining Centre.” 👀 Read the announcement here: https://loom.ly/uFBWij8 #MM8 #MiningNews #ASX #Gold

Mako Gold Delivers Shallow High-Grade Gold at Tchaga North (ASX: MKG) Managing Director, Peter Ledwidge, commented: “The results returned from the 1,200m scout drilling program confirms Tchaga North as one of the zones to focus on for adding potential ounces to our current 868,000oz maiden resource. There is little to no outcrop at Napié, therefore the confirmation of high-grade gold in drill holes at various prospects within Tchaga North provides a good starting point for further drilling at depth, and along strike. Of particular interest is the Deep Artisanal Mining Site where the southeasterly direction of the workings returned strong drill results which align with previous high-grade rock chip samples with values up to 76g/t gold. This has delineated a 1.2km mineralised corridor which warrants further drill testing”. Read our article below: https://lnkd.in/giTUtKa5 #gold #mining #resources #stocks #mkg #asx

via StockHound In a significant development, Meeka Metals Limited has announced impressive high-grade gold results from its latest #drilling program at Turnberry, part of the Murchison #Gold Project. This progress propels the project closer to its development-ready status, expected in early 2024. The results yield several high-grade gold intersections, notably including a striking 18m at 2.21g/t Au from 60m depth, which further incorporates a 4m segment at an impressive 6.80g/t Au. The Turnberry deposit, known for its shallow and high-grade characteristics, has shown a consistent pattern of gold mineralization. These findings are not just a testament to the area’s richness but also provide crucial data for the upcoming grade control model, set to enhance the overall efficacy of the mining operation. Learn more: https://loom.ly/_zinO8c #MEK #MeekaMetals #ASX

DOUBLEVIEW (DBG-TSX) 🇨🇦 (DBLVF) 🇺🇸 (1D4) 🇩🇪 DOUBLEVIEW CORP IS A MAJOR COPPER DISCOVERY IN CANADA ⚒️HIGHLITES INCLUDE⚒️ COPPER GOLD SILVER SCANDIUM RESOURCE CALCULATION PENDING A Junior Resource company’s place in the Mining food chain is to acquire projects, make discoveries and hopefully advance them to the point when a larger Mining company takes it over. Discoveries won’t be made if Juniors aren’t DRILLING ⚒️ Few Exploration Companies have the money or technical expertise to “go mining” : For many, the goal is to hit upon a deposit that’s good enough to attract a Major that will acquire the asset ⚒️ Juniors are extremely important to Major Mining companies because they are the firms finding the deposits that will become the next mines : In this way, Juniors help the Majors to replace the ore that they are constantly depleting in their operating Mines ⚒️ Where to Look ?????…………….BC🔥🔥 The Mining Industry is on the hunt for large Copper Deposits that have favorable grades and are in locations amenable to Mine developments ⚒️ Over 80% of the world’s Copper production comes from Large Scale open-pit Porphyry Copper Mines ⚒️ In Canada, British Columbia enjoys the Lions share of Porphyry Copper/Gold mineralization : These deposits contain the largest resources of Copper : and 50% of the Gold in the Province ⚒️🔥

Silver Storm Mining Ltd. NEWS !!!! Announces Several Intercepts Exceeding 1,000 g/t ag.eq from the Rosarios Mine Here you can read the complete NEWS  https://lnkd.in/dmjpiWdM Key Points: 🚀 Exceptional Silver Grades: New drill results from the Rosarios Mine reveal silver equivalents surpassing 1,000 g/t, enhancing the site's resource potential. 📈 Strategic Location: High-grade intercepts were found near and beneath previously mined areas, suggesting untapped value. 🌍 Growth Prospects: These findings are expected to significantly boost the future mineral resource estimates for the La Parrilla Silver Mine Complex. CM-Equity AG invests in people and megatrends. We hold shares in the company and provide support for questions about the European capital market

🗞️ NEWS -- Fokus Mining Corporation (TSXV: FKM) | (OTC: FKMCF) provides an exploration update on its Galloway project located in the Abitibi region of Québec. ⚒️ 👉 As mentioned in previous press releases, last November's program was to include a minimum of 1,500 metres of diamond drilling with seven or eight holes. This target has been exceeded: ☑️ Five holes have been drilled on the Moriss mineralised area for a total of 903 metres (holes GA-23-75 to GA -23-79); and ☑️ Three holes have been drilled in the Fayolle mineralised area for a total of 840 metres (holes GA-23-80 to GA-23-82). 🗣️ Jean Rainville, CEO and President, says: "We hope to be able to increase the resource on Moriss. Furthermore, with our tests on Fayolle we are now moving out of the areas where we have been concentrating. The goal is not only to evaluate Fayolle with these drill holes but also to investigate the potential extensions of Hurd. In fact, a 417-metre-long hole should also provide information on another copper-gold target to the north-west. Core logging was completed for this program last week and we expect to receive some of the assays before the end of the month." 🔗 https://lnkd.in/gu4wapFv #stocks #trading #invest #gold