Onyx Gold Corp.’s Post

Sun Silver (ASX: SS1) has reported exceptional results from its inaugural drilling program at the Maverick Springs Silver-Gold Project in Nevada. The drilling has confirmed high-grade silver mineralisation beyond the existing resource, with standout results including: ⚒ MR24-186: 41.15m @ 126.75g/t AgEq, including 13.42m @ 331.76g/t AgEq ⚒ MR24-188: 54.86m @ 83.89g/t AgEq, including 10.67m @ 185.50g/t AgEq The discovery also highlighted the presence of critical antimony mineralisation, with concentrations reaching up to 1,845ppm. Gerard O'Donovan, Executive Director of Sun Silver, stated, “The impressive intercepts, particularly in MR24-186, not only extend known high-grade mineralisation to the north-west but also highlight the significant upside potential of this already globally significant project." Sun Silver’s continued success at Maverick Springs is a significant step towards unlocking the full value of this resource. #Mining #Silver #Gold #CriticalMinerals #Exploration #Nevada #ASS

Drill Results from Onyx Gold! Onyx Gold Corp. (TSX-V: ONYX, OTCQX: ONXGF) is excited to announce promising results from our 2024 Spring Drill Program at the Munro-Croesus Project in Timmins, Ontario. Onyx Gold Intersects 1.0 g/t Gold over 63.3 Meters in 50 m Step-Out on the Argus Zone. Key Highlights: -Hole MC24-166: 0.99 g/t Gold over 63.3 meters, including 2.18 g/t Gold over 17.4 meters. -Hole MC24-164: 0.84 g/t Gold over 22.9 meters, including 2.23 g/t Gold over 4.4 meters. -Hole MC24-165: 0.44 g/t Gold over 32.5 meters, including 1.01 g/t Gold over 7.5 meters. Our exploration efforts continue to validate our thesis that the Argus Zone strengthens as we move westward towards the Pipestone Fault. These results highlight the immense potential for expanding this near-surface, bulk-tonnage target. Why This Matters: -The Argus Zone has now been defined over a strike length of 750 meters and a width of 200 meters, and remains open in all directions. -Significant intersections more than double the width observed in previous drilling, underscoring the expanding potential of the Argus Zone. President & CEO Brock Colterjohn states, "MC24-166 is a great hole. We are very pleased with all the results we’ve received to date at our Timmins programs. The Argus results, along with the GM Vein results earlier this year, confirm our thesis that there is still ample opportunity for new discoveries in this historic camp." Stay tuned for more updates as we continue to unlock the potential of our projects in Timmins Ontario and begin our Yukon Summer Field Program. For more details, read the press release here: https://lnkd.in/gsevJWUp #Mining #GoldExploration #Timmins #DrillResults #Ontario #Geology

#ASXNews Encouraging Near Surface Copper and Gold Results Returned At Red Mountain Xanadu Mines Ltd is pleased to report encouraging #copper and #gold results across all four prospects drilled at the 100% owned Red Mountain Copper and Gold Project, in the South Gobi region of Mongolia. • Approximately 4,880m of discovery-focused diamond drilling completed across four prospects has encountered significant, shallow mineralisation warranting near term follow-up. Best intersections include: • EPITHERMAL GOLD EXTENSIONS AT TARGET 33 • 41m @ 1.07g/t Au from 34m (OUDDH128) Including 5m @ 2.67g/t Au from 38m And 6m @ 2.28g/t Au from 58m • 29m @ 0.54g/t Au from 4m Including 4.1m @ 1.39g/t Au from 18m (OUDDH130) • MAIDEN DRILLING FOR HIGH GRADE COPPER SULPHIDE LODES AT NOWIE • 8m @ 1% Cu and 0.12g/t Au from 267m (OUDDH134) • 14m @ 0.75% Cu and 0.26g/t Au from 113m (OUDDH136) #XAM’s VP Exploration, Dr Andrew Stewart, said: “We are very pleased with the latest results from the Red Mountain diamond drilling program which tested several shallow gold and copper targets. At Target 33 drilling continues to define multiple broad zones of near surface gold mineralisation that remain open a long strike, The first drilling at Nowie has been very encouraging returning broad intervals of copper and gold, including several narrower intervals of higher-grade copper demonstrating both scale and grade potential. These latest drilling results validate and refine our exploration models providing our exploration team with direction towards a significant discovery at Red Mountain. Follow up drilling is planned for the second half of 2024”. See the full announcement: https://loom.ly/A18ZfL8 #XanaduMines #MiningNews #ASX

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

#ASXNews Drilling Completed at Paris Gold Project, Next Campaign in the Works Torque Metals is pleased to announce that extension #drilling has concluded, assay results are imminent, and a new drilling phase is being planned, at its wholly owned flagship Paris Gold Project, located Southeast of Kalgoorlie on the #gold rich Boulder-Lefroy Fault Zone. • ~10,000m of RC and Diamond drilling concluded at Paris Gold Project. Assay results imminent. • Programme successfully extended mineralisation previously identified by Torque. • Geological findings suggest not only east-west mineralised structures but also north-south connectivity between previous discoveries Paris, Observation, HHH and Eva. • The Paris Gold Project reveals potential to host multiple deposits within a larger mineralised system characterised by parallel structures (2.5km by 1km and open) and splays under the control of the Boulder Lefroy System. • Drill for equity agreement between Torque and Topdrill expanded. 100% of drilling costs invoiced by Topdrill to be paid in ordinary shares, revised up from $500,000 to $700,000, with a voluntary 6-month escrow period on the shares issued. • Torque is devising a follow-up, shallow RC drill program to test ground at Observation for a potential open pit mine development. #TOR’s Managing Director, Cristian Moreno comments: “Torque’s RC and Diamond drilling program was increased in scale from ~6,500m to ~10,000m, and aimed to extend high-grade gold structures where Torque previously reported notable intercepts such as 35m @ 14.12 g/t gold, 41m @ 5.93 g/t gold, 39m @ 6.05 g/t gold, 27m @ 10.7 g/t gold, and 27m @ 8.16 g/t gold” See the full announcement: https://loom.ly/P4xSOZ0 #TorqueMetals #MiningNews #ASX

#ASXNews High grade gold in Historical Drilling confirms Resource Potential at K8 Prospect Latitude 66 Limited, is pleased to announce the results from the analysis of original #drilling data from historic explorers, and follow-up DHEM surveys have confirmed the potential of K8 to deliver additional ounces into the already significant global resource base of 7.2Mt @ 2.7g/t Au & 0.08% Co for 650,000oz Au and 5,840t of Co. • Recently analysed historical data confirms high grade #gold mineralisation at the K8 Prospect. • Historical Assay results include: o 19.0 m @ 6.0 g/t Au & 0.04 % Co from 97.5 m (M461184R305) o 6.5 m @ 8.1 g/t Au & 0.01 % Co from 45.1 m (SAY003) o 5.6 m @ 4.9 g/t Au & 0.09 % Co from 58.5 m (M461184R306) • Results complement previous Latitude 66 assay results including 10.3m @ 4.8g/t Au & 0.04% Co. • Follow-up downhole electromagnetics (DHEM) identifies potential extensions to mineralisation. • Significant >650 S conductor defined down plunge from 8.2m @ 2.8g/t Au & 0.03% Co. • Lithogeochemistry assessment completed confirming favourable host rocks. • Resource drilling planned for K8 Prospect following resource drilling at K9 Prospect. #LAT’s Managing Director, Grant Coyle, commented: “The presence of high grade gold mineralisation at the K8 Prospect is now confirmed by both historic and Lat66 drilling. The conductive plates identified in the follow-up DHEM further enhance the prospectivity at K8, highlighting the potential for mineralisation to continue at depth. “The down-plunge potential at K8 will be tested immediately following completion of the imminent K9 drill program. Results from both programs will be used to identify whether maiden JORC Mineral Resource Estimates can be calculated and can grow our existing Global Resource base.” See the full announcement: https://bit.ly/3X1n6df #Latitude66 #MiningNews #ASX

Alto Metals Ltd (ASX:AME) is making preparations to kick off the next phase of regional exploration following its discovery of multiple targets at the Sandstone #Gold Project. The company will focus on near-term growth and new discoveries during the ‘high impact’ campaign, with drilling at the Bull Oak, Vanguard and Indomitable prospects. Bull Oak stands out as a single-pit resource with scale potential for additional open-pittable gold. Results from a recent 80-metre step-out drill program intersected multiple stacked lodes including 55 metres at 1.5 g/t gold and 23 metres at 1.1 g/t, with extended mineralisation over 400 metres that remained open. The company hopes to extend mineralisation both up and down dip, as well as along strike and at depth. More at #Proactive #ProactiveInvestors #ASX #AME #Mining #PreciousMetals http://ow.ly/oJij105x1n9

Great Boulder Resources Ltd (ASX:GBR) has hit upon high-grade gold intersections at Saltbush prospect within the Side Well Gold Project near Meekatharra, Western Australia. The recent drilling campaign included aircore and reverse circulation (RC) drilling and yielded such intersections as 4 metres at 5.96 g/t gold from 9 metres, and 3 metres at 6.96 g/t from 91 metres, with one metre at 16.25 g/t. These drill results extend the known high-grade mineralisation over a strike length of 300 metres. “Saltbush is continuing to grow and after only a small number of holes in two phases of drilling we have defined high-grade gold over 300 metres of strike,” managing director Andrew Paterson said. “We have sufficient confidence in this prospect to say it’s the first discovery in all our new targets along the Ironbark Corridor. More at #Proactive #ProactiveInvestors #ASX #GBR #Mining #Gold #PreciousMetals http://ow.ly/JSRS105qe6A

Today, Orezone announced it will be initiating a 30,000m discovery focused, multi-year drill program at its Bomboré #gold Mine - commencing in August 2024. To date, Bomboré has been reserve defined over greater than a 14km strike length, with the average depth of drilling to approximately 200m hosting the current stated gold resource of 4.5Moz Measured and Indicated, and 0.6Moz Inferred. Within this Tier 1 mineralized footprint, the Company has designed a program for deeper drilling to: - materially expand the reserve and resource base - delineate higher-grade centers of mineralization - further increase the project’s mine life Read the full release here: https://bit.ly/OreExplr

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