Exploration Sites’ Post

The Broken Record: Spartan Resources Ltd Discovers More Thick, High-Grade Gold Intercepts (ASX: SPR) Simon Lawson, Managing Director and CEO of Spartan Resources, commented: “The parent hole to the recently reported deepest intercept at Pepper of 25.24m @ 16.66g/t gold (DGRC1431-DT-W1) rewrites history again, being deeper still and returning an exceptional intercept of 30.79m @ 12.12g/t gold (DGRC1431-DT). These two holes are separated by about 50m and demonstrate the continuity of thick, high-grade gold mineralisation at this exciting new and growing prospect.” “The Never Never Gold Deposit also continues to throw up pleasant surprises, with a new thick and consistently high-grade intercept of 19.67m @ 19.43g/t gold (DGDH066) from within the Inferred area of the existing Mineral Resource Estimate. This near 400 gram x metre result provides strong support for our objective of converting Inferred ounces to the higher confidence Indicated category by in-filling this part of the existing MRE.” "These two intercepts from Pepper and Never Never are, respectively, our fifth and sixth best-ever drilled at Dalgaranga – highlighting the potential of this mineral system to keep delivering exceptional results the more we drill.” (continues) Read our article below: https://lnkd.in/gKjg8FND #gold #mining #resources #highgrade #geology #stocks #spr #asx

News Release: Exploits Makes New Discovery with 67.55 g/t Au Over 3.30 m with Visible Gold Including 254.08 g/t Au Over 0.80 m at "Saddle Zone" Jeff Swinoga, President and CEO, comments, "On our first three drill holes, we are very excited to hit high grade gold intercepts with visible gold readily observed. Our team first discovered the mineralization of this northeast interpreted splay branching off the Appleton Fault when our drill program last year reported gold intercepts in holes 28 and 30 that appeared to line up. After completing a deep dive analysis into all available geological and technical information, ranking numerous opportunities and using televiewer to assist in drill design orientation, we announced this focused drill program, and we are very encouraged by its early results. With 10 kms of claims on the Appleton Fault Zone, a talented all local team based in historic Gander, Newfoundland (a 30-minute drive to our project), available infrastructure, well-funded and large supporting shareholders such as Eric Sprott and New Found Gold, our goal is to be the next large successful gold exploration company in the beautiful province of Newfoundland and Labrador." https://lnkd.in/gCVccyrA #ExploitsGold #MiningNL #PreciousMetals #Gold #GoldMining #MiningNews Mining Industry NL #NewfoundlandRocks

Arizona Gold & Silver inc. (TSXV: AZS)  (OTCQB:AZASF) is please to announce initial results of sampling a recently uncovered historic adit and RC drilling at the Philadelphia Gold-Silver property, Arizona. Mr. Greg Hahn VP Exploration commented, “Drilling at Philadelphia has two objectives: to build a bulk tonnage low grade heap leachable resource at grades +0.5 gpt gold, and to delineate high grade portions in the FW and HW veins that were the subject of historic mining. The channel sampling in the recently uncovered adit revealed what is likely the higher grade core of the Rising Fawn section of the mineral system, where we have limited drill hole coverage. This higher grade area remains to be drilled.” Greg Hahn continued, “The drilling results in the Rising Fawn Gap demonstrate the gold-silver stockwork system continues towards the Perry portion of the mineral system with further drilling required. We intersected gold mineralization in the volcanics above the stockwork quartz interval which increases the total thickness of mineralization there. The drill intercepts in the Resaca Gap are primarily silver with low gold values. This suggests this is the periphery of the mineral system both to the north where the old Philadelphia mine workings are and southwards towards the Rising Fawn portion of the mineral system.” https://lnkd.in/gnMbcd-z #GoldMining #SilverMining #ArizonaMining #TSXV #OTCQB #ExplorationResults #DrillingResults #HistoricAdit #RCDrilling #HeapLeach #BulkTonnage #HighGradeGold #MineralExploration #ChannelSampling #GoldSilverSystem #Mineralization #MiningProjects #GeologicalSurvey #MiningNews #NaturalResources

Arizona Gold & Silver inc. (TSXV: AZS)  (OTCQB:AZASF) is please to announce initial results of sampling a recently uncovered historic adit and RC drilling at the Philadelphia Gold-Silver property, Arizona. Mr. Greg Hahn VP Exploration commented, “Drilling at Philadelphia has two objectives: to build a bulk tonnage low grade heap leachable resource at grades +0.5 gpt gold, and to delineate high grade portions in the FW and HW veins that were the subject of historic mining. The channel sampling in the recently uncovered adit revealed what is likely the higher grade core of the Rising Fawn section of the mineral system, where we have limited drill hole coverage. This higher grade area remains to be drilled.” Greg Hahn continued, “The drilling results in the Rising Fawn Gap demonstrate the gold-silver stockwork system continues towards the Perry portion of the mineral system with further drilling required. We intersected gold mineralization in the volcanics above the stockwork quartz interval which increases the total thickness of mineralization there. The drill intercepts in the Resaca Gap are primarily silver with low gold values. This suggests this is the periphery of the mineral system both to the north where the old Philadelphia mine workings are and southwards towards the Rising Fawn portion of the mineral system.” https://lnkd.in/gs54mn8d #GoldMining #SilverMining #ArizonaMining #TSXV #OTCQB #ExplorationResults #DrillingResults #HistoricAdit #RCDrilling #HeapLeach #BulkTonnage #HighGradeGold #MineralExploration #ChannelSampling #GoldSilverSystem #Mineralization #MiningProjects #GeologicalSurvey #MiningNews #NaturalResources

🗞️ NEWS -- Nord Precious Metals (TSXV: NTH) | (OTC: CCWOF) a prominent exploration company specializing in silver and cobalt, is thrilled to announce the discovery of a significant new silver zone at the Castle East property, named the "All Stars" zone. This exciting discovery marks a pivotal moment in the development of Castle East and underscores the potential for substantial silver resources within the project area. ⚒️ ☑️ New high-grade silver mineralized “All-Stars” zone discovered 400 – 500 meters from the high-grade silver Robinson zone . ☑️ Two separate vein structures grading 5,441 and 3,730 grams per tonne (gpt) silver discovered in the former Capitol Silver mine, now on Nord mining leases ☑️ Potential for a massive, mineralized silver – cobalt discovery in an area where only 25 percent has been historically explored and developed to produce 60 million ounces of silver 🗣️ “The opportunity here in Gowganda is significant. We must remember that only about 25 percent or less of the Miller Lake Basin was mined - almost all of which was in the northwestern edge of the basin ’the low hanging fruit’ . Extensions from the Capitol Mine system are an important part at expanding resources,” commented Matthew Halliday, P.Geo., President of Nord Precious Metals. "We have multiple targets to explore, and a big system to do it in.” 🔗 https://lnkd.in/gnhcnftP #stocks #trading #invest #silver #cobalt

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

Sunstone Metals Limited Unearths Significant Gold-Copper Mineralisation at El Palmar (ASX: STM) Managing Director Patrick Duffy commented, “We have established that there is extensive near-surface mineralisation with strong grades. “These trenching results lead us to the mineralisation and will therefore underpin the next drilling program at El Palmar, increasing its efficiency and effectiveness. Internal studies have commenced in preparation for a maiden resource estimate.” “The value of a significant outcropping component to the extensive El Palmar porphyry gold-copper system cannot be underestimated as we prepare for a mineral resource estimate, consider reasonable prospects for economic development, and allow for exploration of deeper targets to strongly enhance the overall scale of this cluster of porphyry deposits”. Read our article below: https://lnkd.in/d98Q--eX #gold #mining #exploration #news #asx

 Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver  (sample 2508). Key Highlights: Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by our partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero’s mineral endowment. “As we delve deeper into both contemporary and historical data, we witness the unfolding story of Lucero’s vast potential,” said James C Tworek, CEO and Director of Element79. “Harnessing the comprehensive dataset will allow Element79 to set new standards in its exploration methodology.” Read More https://lnkd.in/d6vRmbuq #Gold #Silver #Mining #AssayResults #Element79 #LuceroProperty #PeruMining #UndergroundSampling #MineralExploration #GoldMining #SilverMining #PreciousMetals #MiningNews #ExplorationPotential #MineralEndowment #HighGradeGold #HighGradeSilver #MiningIndustry #Geology #NaturalResources

High-Grade Gold Potential Identified at Slave Lake Zinc ($SLZ) Slave Lake Zinc's O'Connor Lake property in the Northwest Territories shows potential for significant gold deposits alongside the known zinc and lead. Historic assay results from two separate vein systems, BSM and Frank Lake, indicate promising gold grades: BSM Vein System: -0.88 opt Au (gold) -4.2% Pb (lead) -19.4% Zn (zinc) -Identified over 400 meters Frank Lake Vein: -30.2 g/t Au (gold) -21% Zn (zinc) -6.7% Pb (lead) -Traced over 1,200 meters with widths ranging from 1 to 4 meters Exploration Potential: -The Frank Lake vein extends over a significant distance, offering extensive exploration opportunities for gold. -The BSM vein system aligns with a geophysical anomaly, suggesting the potential for additional mineralization near the historic shaft area. -Parallel veins near both BSM and Frank Lake present exciting unexplored targets for further exploration. -Similar structures can hold valuable metals up to 2-3 kilometers deep, highlighting the potential for future exploration. Important Note: These are historic assay results, not yet compliant with the current 43-101 standard. Learn More: For a detailed look at Slave Lake Zinc and their investor presentation, visit their website https://lnkd.in/gGxXsBVc  #SlaveLakeZinc #Gold #Zinc #Lead #Exploration #Mining

👉 RECAP - A brief 2023/2024 update on our San Jose Mine! 2023 Operating Results: ✅ 15-day illegal blockade and operational challenges lead to shortfall in annual production guidance ✅ Q4 2023 production: 1,023,525 ounces of silver and 6,345 ounces of #gold ✅ FY 2023 production: 4,656,631 ounces of #silver and 28,559 ounces of gold 2024 Guidance Outlook: ✅ Cost increments lead to exhaustion of reserves by year end 2024 ✅ Engaged in an intensive exploration program to delineate the newly discovered Yessi vein ✅ Dedicated team to review and update a multi-year progressive mine closure and monitoring plan with a current budget of approximately USD$27 million Learn more! ➡️ https://lnkd.in/gHXY9xY3 #MiningWithPrideAndPurpose #Finance