Proactive’s Post

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

Read more about our results from the CY2024 Phase 1 reverse circulation drilling at the Minyari Dome Gold-Copper Project in the Paterson Province of Western Australia in the below Stockhead article ➡️ #AntipaMinerals #AZY

Mawson Finland Limited (“Mawson” or the “Company”) (TSX-V: MFL) is pleased to announce new drill results from 10 drillholes at the Raja and Joki zones of mineralization which were drilled as part of the Company’s 38-hole 2024 winter drilling campaign on the Company’s wholly-owned Rajapalot gold-cobalt project in Finland (see Table 1 and Figure 1 in Schedule “A” hereto). Ms. Noora Ahola, Mawson Finland CEO, states: “We are pleased to report the latest results from our resource step-out drilling at the Raja and Joki zones of Rajapalot. Of particular note is the up-to 90 meter north-eastward extension of gold-cobalt mineralization at the Raja zone of mineralisation that we can expect will contribute additional gold-cobalt mineralised material to our resource inventory in this area. We are proud to inform our shareholders that we remain on-track with our resource expansion ambitions and will continue to report drill results in the coming weeks”. https://lnkd.in/dwBTi94F #MawsonFinland #GoldCobalt #RajapalotProject #RajaZone #Mineralization #Exploration #ResourceExpansion #MiningNews #FinlandMining #DrillResults #MiningDiscovery

BEMETALS REPORTS FURTHER POSITIVE COPPER INTERVALS FROM 2023 BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) is has announced the remaining drilling results from its 2023 exploration program at the Pangeni Copper Project in Zambia (the “Project” or the “Property”). A new phase of core drilling has recently commenced to identify additional zones of higher-grade copper and expand the footprint of the mineralization within the priority D-Prospect area. Highlights: .D14-C1: Returned multiple zones of copper mineralization from a shallow, approximately 70 metres, vertical depth .D14-C1: Interval 1: 69.41 metres grading 0.25 % copper (“Cu”),…READ MORE HERE https://lnkd.in/di8wfGD6

Japan Gold Corp. (TSX-V:JG) announced it has completed the second phase of drilling at the Mizobe Project in Southern Kyushu, Japan, which is part of the Barrick Alliance. The drilling program expanded a concealed, multi-phase hydrothermal system with significant dimensions of approximately 2.5 by 1.5 kilometres, the company said in a statement. Mineralized intervals continue to be encountered within an open hydrothermal alteration system at Mizobe, Japan #Gold (TSX-V:JG) noted. Notably, the mineralization found in drilling is locally extensive, featuring broad breccia-hosted intervals stretching up to 144 meters in down-hole length. Observations from the drill core suggest multiple alteration and mineralizing events, including the presence of banded chalcedony-sulphide vein clasts and banded carbonate-quartz-sulphide veins, indicating a dynamic hydrothermal system. More at #Proactive #ProactiveInvestors #TSXV #JG http://ow.ly/OANa105k9zI

Mawson Finland Limited (“Mawson” or the “Company”) (TSX-V: MFL) is pleased to announce new drill results from 10 drillholes at the Raja and Joki zones of mineralization which were drilled as part of the Company’s 38-hole 2024 winter drilling campaign on the Company’s wholly-owned Rajapalot gold-cobalt project in Finland (see Table 1 and Figure 1 in Schedule “A” hereto). Ms. Noora Ahola, Mawson Finland CEO, states: “We are pleased to report the latest results from our resource step-out drilling at the Raja and Joki zones of Rajapalot. Of particular note is the up-to 90 meter north-eastward extension of gold-cobalt mineralization at the Raja zone of mineralisation that we can expect will contribute additional gold-cobalt mineralised material to our resource inventory in this area. We are proud to inform our shareholders that we remain on-track with our resource expansion ambitions and will continue to report drill results in the coming weeks”. https://lnkd.in/e3UWhRMX #MawsonFinland #GoldCobalt #RajapalotProject #RajaZone #Mineralization #Exploration #ResourceExpansion #MiningNews #FinlandMining #DrillResults #MiningDiscovery

Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has reported positive results from its ongoing drilling program at the Douta Gold Project in Senegal. The focus has been on the Makosa East Prospect, located parallel to the main Makosa mineralised trend - this area remains outside the current resource estimate, which is currently 1.78 million ounces of gold. Latest drill results include notable intersections, such as 32 metres at 1.76 grams per tonne (g/t) gold from surface and 12 metres at 1.51 g/t gold from 40 metres. The drilling is part of Thor’s strategy to increase the oxide gold resources at Makosa East and to infill drill at the Makosa North, Mansa, and Maka prospects. “We are encouraged by these results from a new prospect outside the existing resource base. The results are close to surface and remain open at depth,” chief executive Segun Lawson said in a statement. “The Makosa East Prospect now has a... More at #Proactive #ProactiveInvestors http://ow.ly/I4sw105HJx7

We've reported further high-grade gold intercepts including 1m @ 163.42 g/t gold within 12m @14.56 g/t from step-back diamond hole at BD Target 1 as part of ongoing diamond drilling at our Boundiali Gold Project in Côte d'Ivoire, West Africa. The BD Target 1 is a 1.3km by 1km wide gold prospect within a 13km by 3km gold mineralised corridor. We will continue high tempo gold exploraton drilling with more than 30,000m of diamond drilling planned for this year, with a strong cash balance of approximately A$5M to support our aggressive exploration efforts. We are targeting an initial Mineral Resource Estimate for late CY2024. Managing Director Dr. Caigen Wang said: “We are very pleased to see this project best result for BD target 1 with DSDD0051 hitting 1m @ 163.42 g/t Au within an interval of 12.22m @ 14.56 g/t Au from 275m. This interval was 60m down dip from 4m @ 22.35 g/t Au (DSDD0004) and the system remains open as we systematically step out along strike and step back to test down dip. We will soon have four diamond drill rigs working at Boundiali as we increase our drilling rate to ~6,000m per month. We are in an incredibly target-rich environment as our geology team adds new targets to test at BD within the 13km by 3km gold corridor. We are leveraging the work completed by previous explorers at Boundiali and thanks to our supportive shareholders are well funded. Our aggressive drilling ensures consistent news flow as we build on the encouraging results to date from known targets on the BD and BM tenements and look forward to testing new targets whilst we aim to deliver inaugural JORC resources for Boundiali by late 2024.” Read the full ASX Announcement here: https://lnkd.in/gS6rNv-6 #AUE #Aurum #ASXNews #ASX #gold #westafrica #drilling #exploration #resources

Barton Gold (#ASX:BGD) confirms extensive #gold mineralisation at Area 51 in Tunkillia project, South Australia: Infill drilling reveals promising intersections

Elaine Ellingham, Omai Gold's CEO reports, “I was in Guyana a few weeks ago, as we were mobilizing for the next phase of drilling at our Omai project. With our $13 million financing completed in June, we are well financed to accelerate our programs. We anticipate that 2024 drilling will be quite exciting as we target an expanded Mine Plan that is also expected to increase the overall Omai gold resource. There are many areas where we have identified gold mineralization and further drilling of these near surface targets, including the East Wenot extension, the Camp zone, Snake pond and Blueberry Hill will be part of the 2024 program.   One priority is testing several “gaps” within the current Wenot open pit model that have seen little to no drilling and have excellent potential to host additional mineralized zones. Since these areas are currently within the proposed economic pit as “waste”, the impact of showing some additional gold mineralization could effectively reduce the strip ratio, thereby potentially boosting a future economic model. Two holes from the south, targeting wide “gaps” in the Wenot deposit, have been completed to date. Assays are pending.”