Peter Taylor’s Post

Deepest hole below former Tartan mine returns 12.7 g/t gold for Canadian Gold Canadian Gold Corp. announced the initial results from phase 2 drilling at the former Tartan mine with a hole that assayed 12.7 g/t gold over 3.2 metres within a 25-metre section that averaged 2.7 g/t gold.

Nova Minerals Limited has released an SEC-compliant resource estimate demonstrating a large increase to gold in-pit resources at its Estelle flagship to back up its proposed listing on a North American stock exchange. Neither the 5.17-million-ounce S-K 1300 or 9.9Moz JORC estimate include drilling since March last year, and Nova looks to keep adding ounces and turn to development with the backing of US capital. "The increase in the pit constrained resource highlights the extreme sensitivity to a rising gold price and improved technical parameters. The present gold bull market and further efficiencies that are being investigated through our current PFS studies continues to provide additional potential upside for the Estelle Gold Project." - Nova CEO Christopher Gerteisen #GoldMining #USResources #Investing #Commodities

It's great to see the positive reaction on the Great Pacific Gold transaction on Tinga Copper & Gold Corp., but real value in these situations is created by the teams on the ground- through good exploration including drilling. As we enter into an ultra active period in Papua New Guinea and Australia - I look forward to keeping everybody updated here. We have worked hard for the past years to be positioned well for a bull market in gold and copper and I think that macro setting is coming into reality now. https://lnkd.in/grKdt_Tz

We're pleased to report high grade gold mineralisation from recent infill underground diamond drilling within the main lode at M1 South from our Sanbrado Gold Operations, Burkina Faso. Our Executive Chairman Richard Hyde said: “Recent stope definition drilling at the M1 South main zone has intercepted high grade mineralisation 24m at 55.79 g/t gold and 28.5m at 37.03 g/t gold. “Infill drilling has confirmed the grade and tenor of high grade areas of the M1S resource and strengthens confidence in 2024 production and our 10-year production plan. “WAF is on track to produce 4 million ounces over the next decade, with annual production set to peak in 2029 at 473,000 ounces of gold. Our unhedged resources now stand at 12.8 million ounces and Ore Reserves at 6.1Moz of gold.” Read more: https://loom.ly/TEVxdrQ

via Grafa Meeka Metals Limited announced a 60% increase in the mineral resource at St Anne's within the Murchison #Gold Project, totalling 40,000 oz at 3.1g/t Au. The expansion follows infill #drilling, classifying all resources as indicated, based on 39,000m of drilling. #MEK's project's total mineral resource is 1.23 million ounces at 3.0 g/t Au, and updates are expected for Turnberry and Andy Well in the June quarter. St Anne's deposit remains open at depth, suggesting potential for further underground Mineral Resource extension with additional drilling. See more: https://loom.ly/RbExGoI #MeekaMetals #ASX

Lunnon Metals Ltd (ASX:LM8, OTC:LNMLF) has struck broad intersections of #gold mineralisation in drilling at the Lady Herial prospect, part of the Kambalda Gold and Nickel Project near Foster in Western Australia. The company chose Lady Herial for follow-up diamond and reverse circulation (RC) drilling due to its near-surface, high-grade intercepts generated in previous drilling efforts. This latest program hit broad, shallow intersections of gold, including up to 18 metres at 5.27 g/t gold from 18 metres of depth in RC drilling, and 22.5 metres at 0.94 g/t gold from 8.5 metres in diamond drilling. "The re-focus on gold at Foster continues to deliver exciting results,” Lunnon managing director Edmund Ainscough said. “Recognising these near surface widths at good grade and also the presence of frequent visible free gold is especially encouraging for Lady Herial..." More at #Proactive #ProactiveInvestors #MiningAustralia #GoldMining http://ow.ly/rWQY105Jyyu

Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has taken strong strides toward upgrading the mineral resource estimate for the Kaiser deposit of the Northern Molong Porphyry Project in New South Wales. The company has now received assays for its final 12,000-metre round of reverse circulation (RC) and diamond core drilling at Kaiser, completed on a 50-metre by 50-metre grid within the existing inferred resource. This latest round of results produced the best #gold interval yet from Kaiser, with one intercept grading at 8.6 metres at 14.8 g/t gold equivalent (gold eq) from 316.4 metres, including 3.5 metres at 31.3 g/t gold eq from 318 metres and 1-metre at 62.2 g/t gold eq from 320 metres. More at #Proactive #ProactiveInvestors #ASX #OTC #ALK #ALKEF #MiningAustralia #GoldMining #GoldStocks #GoldProduction http://ow.ly/S669105m3zT

An upcoming resource update for the Estelle Gold Project in Alaska is shaping up to be a potentially sizeable one, after Nova Minerals Limited (ASX:NVA, NASDAQ:NVA) hit an intersection of 29 metres at 7.1 g/t #gold from surface at the RPM deposit. Importantly for NVA’s starter pit mine plans, RPM continues to demonstrate its high-grade chops, offering bonanza-grade intersections of 3 metres at 32.2 g/t gold from 17 metres and 2 metres at 52.7 g/t gold from 19 metres of depth. The company intends to begin production at Estelle with a smaller, cost-effective mine at RPM to take advantage of the high-grade, near-surface mineralisation there, before leveraging the profits to further develop the gold and critical mineral potential over the wider Estelle Project. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #Antimony #CriticalMinerals http://ow.ly/Uetp105MIhH

Rumble Resources Ltd (ASX:RTR, OTC:RTRFF) has kicked off reverse circulation (RC) and diamond drilling to test several high-grade #gold targets and follow-up historical high-grade intersections at the Western Queen South and Duke prospects of the Western Queen Gold Project in Western Australia. The Western Australian project previously returned very high-grade results of up to 4 metres at 49.73 g/t gold from 134 metres and 17 metres at 5.7 g/t gold from 221 metres at Western Queen South, and 8 metres at 26.27 g/t gold from 14 metres as well as 7 metres at 60.60 g/t gold from 70 metres at Duke. Historical production consisted of 880,000 tonnes at 7.6 g/t gold for 215,000 ounces, and the project retains a mineral resource estimate (MRE) of 2.1 million tonnes at 2.42 g/t gold for 163,200 ounces of contained gold. More at #Proactive #ProactiveInvestors #MiningAustralia #Gold #GoldMining #GoldStocks http://ow.ly/ZzYw105uNbl

Toubani Resources Ltd (ASX:TRE) has hit high-grade oxide gold intersections during infill drilling at the 2.4-million-ounce Kobada Gold Project in Mali, producing a screen fire assay of up to 2 metres at 178 g/t #gold as part of a 19-metre intersection grading 20 g/t from 105 metres. The new data will aid TRE in converting the Kobada gold deposit to higher JORC-compliant confidence levels, with potential to define higher grade zones. “Our drilling program has been designed for a specific purpose, to derisk, convert and unlock the compelling value in the Kobada deposit, and it is pleasing to see numerous intersections during this program of significant widths and grade confirming this goal,” Toubani Resources CEO Phil Russo said. More at #Proactive #ProactiveInvestors #ASX #TRE #GoldMining #GoldStocks http://ow.ly/xafy105qech