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Rincon Resources (ASX:RCR) announce the results from its Mammoth drilling campaign at the South Telfer Project, which has confirmed the presence of a new mineralised system at the Westin Prospect ⛏️🔍 "I’m encouraged by the results. They have confirmed the presence of gold mineralisation associated with targeted structures at both Westin and Mammoth and importantly, have provided sufficient evidence to warrant further investigation" "Gold-pathfinder geochemistry has also told us we are in a potentially significant mineralised system at Westin. The fact we have observed similar geology, structures, and alteration like that observed at Dolphy and Ironclad 3 , just 8km NW along trend, is telling us we may not be too far away from a new discovery" "We’ll now take some time to fully digest all the data available to us to determine our next steps" - Rincon Resources' Managing Director Gary Harvey #ASX #Investing #Mining #Gold Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au

Onyx Gold is thrilled to announce drill results from our latest drilling efforts at the Munro-Croesus Project in Ontario, showcasing our commitment to expanding and enhancing our exploration success. Here are some key highlights from the drill results: -Visible gold was observed in multiple holes with exceptional high-grade intersections, such as 52.06 g/t Au over 0.5 m in drill hole MC24-154. -The drilling at the GM Vein defined the high-grade shoot, demonstrating significant potential for further expansion in all directions. -A total of 20 drill holes amounting to 1,713 meters have been completed, with promising findings leading to a 10% upsize in the drilling program, now totaling 3,300 meters. Brock Colterjohn, President & CEO of Onyx Gold, stated, "We are very encouraged with the results from this year’s spring program so far. Our drilling efforts have successfully defined a higher-grade shoot, and the GM Vein remains open for expansion in all directions. We look forward to further expanding this high-grade shoot and exploring for repeating high-grade shoots with future drill programs.” Looking ahead, Onyx Gold will continue its exploration at the Argus Zone, aiming to significantly extend the zone. The company is committed to maximizing the project’s value through exploration and drilling programs. We are optimistic about the future as we progress with our exploration initiatives, aiming to strengthen our leadership in the Timmins gold camp and deliver ongoing value to our stakeholders. Stay tuned for more updates on our advancements. Read the full news release here: https://lnkd.in/gEjP4z4W #Onyx #Gold #Mining #Exploration #DrillResults #Ontario # InvestmentOpportunity

West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the prolific Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release were focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au. The results successfully demonstrate the high-grade nature and continuity of the South Austin Zone and highlight the resource growth potential that exists within this area. The WRLG team believes that further exploration potential exists down-plunge which could potentially add to the unmined portion of South Austin (see Figure 2), which sits adjacent to existing underground infrastructure marking it as a high caliber target that could potentially be developed early during future mine restart and production. This area is a priority expansion target as underground drilling continues. https://lnkd.in/dEjtNzp5 #mining #discovery #invest #news #latest #investing

West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the prolific Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release were focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au. The results successfully demonstrate the high-grade nature and continuity of the South Austin Zone and highlight the resource growth potential that exists within this area. The WRLG team believes that further exploration potential exists down-plunge which could potentially add to the unmined portion of South Austin (see Figure 2), which sits adjacent to existing underground infrastructure marking it as a high caliber target that could potentially be developed early during future mine restart and production. This area is a priority expansion target as underground drilling continues. https://lnkd.in/dNJn8spm #mining #discovery #invest #news #latest #investing

A Further Boost to LJN4 Resource – Closing in on 1Moz Managing Director George Sakalidis commented: “The Lady Julie North 4 Resource has been the key focus for recent drilling, with multiple stacked lodes identified with a number of thick intersections that have still not been closed off at depth. The LJN4 deposit keeps on adding ounces, increasing from 204,000oz in Feb 2023 to 948,000oz in this report. The northern part of LJN4 is continuous over 300m down dip. The central part is continuous down dip to 550 and the southern part is continuous down dip to 400m. Note in all these cases LJN4 is still open further down dip and augers well for future drilling and resource update, Currently, there are results for 6 deep diamond holes pending with one deep diamond hole in progress. Following the completion of all baseline background studies, our attention over recent months has turned to completing a Pre-Feasibility, which is being prepared on the basis of the resource, which was defined at November 2023. While this resource estimate does not include the benefit of the recent drilling results at LJN4, this latest drill program was deep and widely spaced and should not have materially changed the outcomes of the project economics. Preparations are also underway for the development of a Mining Proposal. One mining lease application has already been lodged over LJN4 with others following the lodgement of the Mining Proposal.” Congratulations to the whole team at Magnetic Resources NL George Sakalidis Eric Lim Chan Hian Siang Ben Donovan - AGIA ACIS Eliza Gee #asxnews #investingnews https://lnkd.in/giP4gssx

Astral Resources NL (ASX:AAR) is encouraged by results from the first four holes of its recently completed 19-hole reverse circulation (RC) program at the Kamperman prospect, part of the 100%-owned Feysville Gold Project, just 14 kilometres south of Kalgoorlie in Western Australia. One of the drill holes, FRC267, returned the widest, most consistent high-grade #gold intersection recorded to date at Kamperman – 35 metres at 3.81 g/t gold from 86 metres in hole FRC267 – which reinforces the company’s confidence in the potential scale and grade of this new discovery. Hole FRC267 also returned 14 metres at 0.98 g/t gold from 25 metres while the 35-metre intersection included 1 metre at 11.7g/t from 96 metres, 2 metres at 12.0 g/t from 105 metres and 1 metre at 19.2 g/t from 114 metres. More at #Proactive #ProactiveInvestors #ASX #AAR #Mining #PreciousMetals http://ow.ly/UcNU105kKGx

#ASXNews AuMEGA Announces Start of Phase Two Diamond Drilling AuMEGA Metals (formerly Matador Mining Limited) is pleased to announce the start of the second phase of diamond drilling on the Cape Ray Shear Zone (“CRSZ”) located in Newfoundland, Canada. The primary focus of this diamond #drilling is on Greenfield targets at Malachite. The Company expects to drill between 2,000 and 3,000 metres and the total meterage will be based on results and weather conditions. • Phase two of diamond drilling has commenced with primary focus on Greenfield targets at Malachite • Drill targets at Malachite focused on large, mineralised zones identified through the highly successful winter Reverse Circulation (“RC”) drill program • Phase one of diamond drilling completed at the end of July with assays expected over the next couple of weeks • Till survey over highly prospective Intersection Project completed recently with assays expected over the course of the next several weeks • Airborne magnetic geophysical survey over highly prospective Bunker Hill Project currently underway along with prospecting and mapping • Airborne survey over the highly prospective, high-grade gold/antimony at Hermitage is expected to commence in the Canadian autumn of 2024 #AAM’s Managing Director and CEO, Sam Pazuki, P.Eng, M.Fin commented: “We are very excited for this second phase of diamond drilling. Our highly successful RC winter drill program identified three, large, mineralised zones at Malachite and through our targeting workshop and detailed analysis, we have identified several drill targets within two of these zones. Our primary focus and initial drill targets are at the O-2 West area. Here, the RC program delivered the best bedrock sample and a series of additional holes on the same line and across multiple RC lines. One hole delivered 627 ppb gold along with 1.99% copper in bedrock only seven metres below surface right into a structure that splays off the main O-2 breakout structure. This was a clear standout result. In general, the RC program delivered significant gold anomalism with several #gold values including the O-2 West result that ranged 25 to 200 times greater than average crustal abundance.” View the full announcement: https://bit.ly/3SV6LEO #AuMEGAMetals #MiningNews #ASX

Exploration results are just the tip of the drill bit, bringing this data together takes time, skill, and lots of data to paint an accurate picture of a deposit. Costmine Intelligence makes the #data of mineral exploration readily available on its platform, detailing drill results, geology, property history, and much more to help complete the picture of a mineral property. The Northern Miner's Alisha Hiyate uses the Mining Intelligence platform to highlight the best #gold assays for the week of Jan. 12-19. You can check out the latest results here: https://lnkd.in/gFA_quVN Companies mentioned: Lumina Gold Snowline Gold Corp. (TSX-V:SGD)(OTCQB:SNWGF) Collective Mining Tudor Gold Corp. Calidus Resources Limited Dolly Varden Silver Corp. ATEX Resources (TSXV: ATX) Aurion Resources Ltd. B2Gold Corp. Pantoro Nevada King Gold Corp. #mining #data #mineralexploration #gold #metals #minerals

American West Metals Limited (ASX: AW1) is pleased to report on its quarterly activities for the period ending 31 March 2024. Dave O'Neill, Managing Director of American West Metals commented: “This period has seen American West Metals complete significant milestones including the delivery of the Storm maiden MRE, and the commencement of the 2024 exploration and resource expansion activities. “The maiden MRE for the Storm Project has exceeded our expectations and delivered the foundations to what we believe will be a globally significant copper district. “Within only a single season of resource drilling we have rapidly defined four robust copper deposits very close to surface: Cyclone, Chinook, Corona, and Cirrus. The setting and scale of the mineralisation gives us the opportunity to potentially mine 100% of the resource with a low-cost, high-margin open-pit mining operation “We are also very pleased to report that the drilling and exploration program for 2024 is now in full swing at Storm. “This initial phase of drilling will use the tracked RC drill rig to move quickly through the initial exploration and resource expansion areas. We believe these targets will give us strong potential for the discovery of new zones of copper mineralisation and confirmation of additional copper resources. “We have also commenced the high-powered Moving Loop Electromagnetic (MLEM) survey at Storm. This survey has the potential to generate new targets in higher resolution and at deeper levels than previous surveys, opening the area for further copper discoveries. EM surveys have proven to be a reliable targeting tool with all of the EM anomalies tested to date correlating with high-grade copper sulphides. “We look forward to strong news flow over the coming months as the drilling and geophysical programs continue.” View announcement here: https://loom.ly/9BnMDIA #ASX #AW1 #Copper

FireFly Metals Ltd (ASX:FFM), formerly #AuTECOMinerals Ltd, has reported significant #copper, #gold, #silver and #zinc results — including up to 9.4% copper and 4.7 g/t gold — from outside the existing resource at the Ming Mine within its recently acquired high-grade Green Bay Copper-Gold Project in #Newfoundland, #Canada.  The results are from the analysis of 18 diamond drill holes completed in 2022 by the mine’s previous operator that were previously only tested for copper. In addition to the known high-grade copper, the new results demonstrate significant quantities of precious (gold and silver) and base metals (zinc) in the high-grade VMS zone. As part of its resource growth strategy, FireFly has commenced an underground exploration drill drive as well as its 40,000-metre underground diamond drilling program for which assays are expected in coming weeks. More at #Proactive #ProactiveInvestors #ASX #FFM #FireFlyMetals #AuTECO #Mining http://ow.ly/lMzG1055gCt