Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce an initial mineral resource estimate (the “Resource Estimate”) for the Northwest Expo deposit at its 100% owned North Island Project, located on Vancouver Island in BC, Canada. Sam Lee, President & CEO of Northisle stated “Today’s new resource estimate at Northwest Expo has exceeded our expectations of defining a 40 to 50 million tonne resource within the gold enriched Zone 1. Including the impact of the 88% gold and 76% copper recoveries, the average NSR value per tonne is nearly triple the NSR value in the North Island Project PEA and approximately $80/tonne at spot prices. With a relatively low strip ratio, this sets a strong basis for the rapid advancement of a potential high margin, near surface deposit that could be sequenced at the beginning of our large, long life North Island Copper and Gold project. We will be aggressively advancing development and exploration under our fully funded 2024 program.” See news release - https://bit.ly/48NRevj #gold #copper #preciousmetals #criticalminerals #resourceestimation #exploration #investing
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Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce the release of an integrated resource estimate for its 100% owned North Island Project (the “Resource Estimate”) which integrates the Hushamu, Red Dog and Northwest Expo deposits. The Resource Estimate will be used for the development of an updated preliminary economic assessment (“PEA”) on the North Island Project which is now anticipated in early Q1 2025. Sam Lee, President & CEO of Northisle stated “We have reached yet another milestone at the North Island Project with the updated global resource which is a culmination of our focused exploration program over the past four years. The project now boasts over 3 billion pounds of copper and nearly 7 million ounces of gold in Indicated resources, making it one of the largest copper and gold porphyries in Canada not currently owned by a major. These results form the basis for the completion of the new PEA on the North Island Project and allow us to contemplate a phased project with lower initial capital intensity that can bridge to a potentially larger project and longer life of mine.” Read full news release - https://bit.ly/483NZBt #copper #gold #preciousmetals #criticalminerals #investing #resourceupdate #northislandproject
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🌟Excited to share monumental progress at Northisle Copper and Gold! 🌟 Our latest resource estimate at the Northwest Expo deposit has significantly expanded our North Island Project, adding 1 million gold equivalent ounces in Indicated Resources and 0.7 million in Inferred. This achievement not only triples the Net Smelter Revenue compared to our 2021 assessments but also reinforces our commitment to low-cost discovery and strategic project development for enhanced shareholder value. As we navigate a promising 2024 with a fully funded exploration program, we're set to further explore high-grade mineralization zones and new discoveries, leveraging record gold prices and favorable market conditions. 🚀💰 See news release - https://bit.ly/48NRevj #gold #copper #preciousmetals #criticalminerals #exploration #investing #resourceestimation
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Troilus Commences Dewatering Of The J4 Pit MONTREAL, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to report a major milestone in the Company’s exploration and development plans with the start of dewatering at the J4 pit (“J4”) this month, a process that is expected to take approximately 6 months to complete. Dewatering of the larger Z87 pit (“Z87”, together “the Pits”) is expected to start in 2025 and will take approximately 18 months to complete. Dewatering of the Pits will provide safe access for ongoing exploration of the mined pits and is a key component to be completed for redevelopment of the existing mine site going forward. Justin Reid, CEO and Director of Troilus Gold, commented, "We are pleased to get started on this major milestone to upgrade the safety and access to the Pits at the Troilus site so that our team can gain a better understanding of the physical landscape and incorporate this knowledge in our exploration and development plans. Completing the Environmental Impact Assessment (“EIA”) to dewater the pits and putting in place the equipment and infrastructure have demonstrated our team’s ability to manage the regulatory and stakeholder requirements to advance the complicated components of a mining project in Northern Quebec and provide valuable experience to continue moving the Troilus Project through the permitting process.” Three 140Hp pumps are currently operating at the J4 pit (see Images 1 & 2). The Troilus team has constructed new infrastructure around the pits to facilitate the dewatering including a main basin which will be used for the last 10 to 15% of the water to contain any sediment that may have settled at the lower levels of the Pits and a spillway to direct the water flow into the existing creek. For a Full TLG: TSX Profile View and Press Release visit them at: https://lnkd.in/ge7CMyp #goldmining #preciousmetals #miningstocks #goldstocks #investing #stockstowatch #smallcapstocks #stockmarketinvesting #stockstobuy #investments #investors #gold #goldinvestment #investment #Quebec #tsx #exploration #stocks #mining #invest #TroilusGold #Copper #QuebecMining $TLG $CHXMF $CM5R
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October 18th: Diamond drill program completions and an updated resource estimate for projects in YT with an announcement of a Spin-Out of a project in the Golden Triangle of BC. Some info not included: * The Canadian Government launches a process for Canadian businesses to request remission of surtaxes on electric vehicles (EVs) and steel and aluminum imported from China to assist with adjusting supply chains and not to be unduly burdened by surtaxes on imports; * Henry Lazenby, of The Northern Miner, reports on "How resource 'classification debt' chips away at miners' growth and investment trust"; * The Government of Yukon provides an update on the Eagle Gold Mine heap leach failure near Mayo including groundwater sampling, berm construction, and pit pond extension; * Canada celebrates Persons Day marking the historic decision made in 1929 to include women in the legal definition of 'persons'; * The Impact Assessment Office of Canada receives the Vice-President's response as a Non-designated project for Coalspur Mines's proposed Vista Coal Mine Phase 1 Project near Hinton in Alberta due to its substantial start as an underground mine; The newsletter and Yukon Government announcement links are in the comments! #BritishColumbia #Yukon #MineralExploration #Mining #NewsReleases
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Co-Founder of Hardrock Mineral Exploration Mineral exploration and services company operating in north Queensland/Co-founder of Bedrock Mining QLD, Alluvial gold mine in north Queensland
Investment opportunity. enquire within
📈CAPITAL RAISE 📈 Investment opportunity 📈 We are a privately owned Gold & Mineral Exploration Company in the significant Palmer River with known #GOLD, #SILVER, #COPPER, #LITHIUM and #MICRODIAMONDS. 🏔 EAST FINE GOLD – Estimated overall ore reserve of 220,000 cubic metres with estimated grade of 180 cubes per ounce with estimated value of $4.2 million AUD. ⛏ ALIGNING ANGLO SAXON MINE – Estimated overall ore reserve of 1,075,000 cubic metres with estimated grade of 180 cubes per ounce with estimated value of $24 million AUD. 💎 LAKELAND - Identified microdiamonds present. Catchment analysis has identified anomalous silver, lithium and gold. ⛰ NYCHUM – Epithermal systems with potential of gold & silver > 1 million ounces. Come and be a part of our exciting journey with a mission to tap into the rich, historical gold veins of Palmer River, QLD — a site that yielded more than 1.3 million ounces of gold worth approximately $4.615 billion today ($3,550 an ounce). Check out our Investor deck here: https://lnkd.in/gqb7RM9t If you would like to know more about our investor deck, please reach out to Chris Downie, Luke Bonney, Trent Stievano or Jason Galeano. #gold #investment #hardrockminerals #diamonds #palmerriver #silver #portableppb #sciaps #exploration #capitalraise
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Venture Minerals offloads Riley iron ore mine in Tasmania. Venture Minerals has sold the Riley iron ore mine in Tasmania to Gold valley Brown Stone for AUD 3 million. This sale will enable Venture Minerals to focus on developing its Jupiter Rare Earth discovery in Western Australia. The decision follows a strategic review by Argonaut PCF, which concluded that selling the mine was the best option due to economic considerations and short mine life. The proceeds will be used to advance the Jupiter project and deliver a maiden resource estimate by the fourth quarter of this year. Source: https://lnkd.in/gP5CmxFR #VentureMinerals #RileyMineSale #IronOre #TasmaniaMining #GoldValleyBrownStone #MiningNews #JupiterRareEarths #WesternAustralia #StrategicReview #EconomicConsiderations #MineLife #MiningIndustry #ResourceEstimate #ArgonautPCF #MiningTechnology #Newsoftheday.
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September 26th: Diamond drill program completions and initial drill core assay results are starting to roll in for projects in BC and the YT. Some info not included: * British Columbia's Environment Assessment Office announces that Canagold Resources' New Polaris Gold Mine Project, a proposed underground gold mine 100 kilometres south of Atlin, will proceed to an environmental assessment; * The Government of Canada announces Indigenous Guardians Project recipients for 2024-2025 including oil sand development effects; * The governments of Canada and the Yukon have signed a new 10-year agreement for the Canada Community-Building Fund (CCBF) to provide predictable, long-term, and stable funding to communities across the territory; * Canada's Minister of Export Promotion, International Trade and Economic Development announced that Canada has been named the 'Country of The Year' for Viva Technology 2025, the largest technology event in Europe, for our reputation as a worldwide leader in artificial intelligence; * The Impact Assessment Agency of Canada reposts a notice of commencement for the impact assessment of Troilus Gold proposing the construction, operation and decommissioning of a new open-pit gold and copper mine located in Québec. The newsletter link is in the comments! #BritishColumbia #Yukon #MineralExploration #Mining #NewsReleases
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In case you missed it: Sam Lee, President & CEO of NorthIsle Copper & Gold sat down today with host Peter Grandich to discuss the significance of Wednesday's news. Sam highlighted that the company has significantly boosted its resource estimate at the Northwest Expo deposit within the North Island Project, adding one million gold equivalent ounces in Indicated Resources and 0.7 million in Inferred. This milestone, achieved with a discovery cost of less than $10 per ounce, triples the Net Smelter Revenue of its 2021 PEA and positions NorthIsle for strategic development with high returns. Sam added, with a fully funded 2024 drill program aimed at further improving resource grades and exploring new zones, Northisle sets the stage for a transformative year. Watch full interview here: https://bitly.ws/3fLS2 #miningmilestones #gold #copper #resourceestimation #preciousmetals #criticalminerals #resourcedevelopment #investing #exploration
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White Cliff Minerals Limited (WCN) are thrilled to announce extraordinary high-grade results from our maiden field program at the Great Bear Lake Project in northern Canada. Our first batch of rock chip assays from the Phoenix area has returned outstanding figures, including: 🔹 42.6% Copper (Cu) 🔹 38.2g/t Gold (Au) 🔹 310g/t Silver (Ag) These results not only confirm the historical data but also significantly expand the areas of known mineralisation, highlighting the immense potential of this previously underexplored region. Key Highlights: ➡️ Extensive IOCG (Iron Oxide Copper Gold) and epithermal mineralisation identified. ➡️ Mineralisation now spans over a 3.4km structural corridor. ➡️ High-grade results include multiple areas with over 39.5% Cu, 2.28g/t Au, and 181g/t Ag. "This initial success gives us great optimism regarding the other project areas at Great Bear. We are doing what we said we would do - identifying opportunities and delivering results for shareholders. These are fantastic initial results." Managing Director Troy Whittaker Stay tuned for further updates as we continue to explore and unlock the potential of Great Bear Lake! Roderick McIllree Dan Smith Eric Sondergaard Nicholas Ong #Mining #Exploration #ASX #WhiteCliffMinerals #Copper #Gold #Silver #Resources #GreatBearLake
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Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce preliminary metallurgical results from Northwest Expo which demonstrate combined flotation and leach recoveries for gold ranging from 88.7% to 92.6% and for copper from flotation ranging from 68.7% to 87.7%. Sam Lee, President & CEO of Northisle stated “We are very pleased to receive these positive metallurgical results at Northwest Expo within the North Island Project. Gold recoveries were significantly higher than initially anticipated and the clean copper concentrate remains very attractive with low deleterious elements. These results are a significant step towards accelerating the consideration of this gold-rich zone within our large, richly endowed porphyry district in 2024.” See news release - https://bit.ly/3P30WmJ #gold #copper #preciousmetals #criticalminerals #investing #exploration
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