The Market Bull - Daily Stock News’ Post

Rincon Resources (ASX:RCR) have announced the results from a recent geophysical survey at the Pokali Prospect. The DDIP survey has revealed a significant 2.7 km long IP chargeability trend, identifying three new priority drill targets. "Not only has the DDIP survey highlighted a promising new chargeability trend, the three discrete chargeability highs, DDIP01, DDIP02, and DDIP03 along this trend have never been directly tested. "Historic drilling intersected high-grade copper mineralisation directly in the middle of targets DDIP02 and DDIP03, which provides a high level of confidence that direct testing of these strong IP chargeability targets will intersect high-grade copper sulphide mineralisation.” - Rincon Resources Managing Director Gary Harvey #ASX #ASXNews #Investing #Mining #Copper #Cu Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/g_Nbcxhk

⛏ Kula Gold reports the identification of two new #Gold Prospects - Boomerang Gold + Stingray Gold - within the Company's Marvel Loch Project near Southern Cross. Both prospects identified from geochemical sampling and geophysical interpretation. 🗣 Kula Managing Director Ric Dawson comments: “The Company is excited to be exploring the historically rich Southern Cross Goldfield region which has produced over 15Moz of gold, at an average of 3-5g/t. Following recent geochemical sampling results the Company is focussing on the Boomerang and Stingray Gold Prospects with follow up at the Nevoria North, G-Star and 311 Prospects. A very large magnetic circular feature had provided the Kula team with a concept for an initial UFF soil programme which provided a surprise gold anomaly at the now named Stingray Gold Prospect. A gold intercept from drilling at the Boomerang Kaolin Deposit in 2021 reported, 1m @ 2.6g/t gold from 54m and recent geophysics work shows it is located near a strong dislocation feature in the magnetics.” HIGHLIGHTS 🔘 New Stingray Gold and Lithium Prospect. 🔘 Boomerang Gold Prospect below the Boomerang Kaolin Deposit – 1m@2.6g/t gold from 54m. 🔘 All prospects are North of the Nevoria Gold Mine (+600,000oz gold), and East of the 3Moz Marvel Loch Gold Mine - close to existing Marvel Loch gold processing infrastructure. 🔘 The Kula team is continuing to further develop existing Gold prospects also within Marvel Loch – the 311 Prospect, Nevoria North Prospect and G-Star Prospect. 🔘 Drilling approvals in place. Full Details below. #exploration #mining #westernaustralia #southerncross #lithium #asxnews

The team continues to help drive new mineral discoveries - here again for Northisle Copper and Gold. Drilling at the new West Goodspeed target has intercepted mineralized porphyry-style alteration with significant grades over lengthy intervals within 50 metres from surface. Two copper bearing holes were targeted to intercept a large magnetic susceptibility anomaly southeast of the Red Dog Deposit and west of historic drilling at the Goodspeed target. This anomaly was from a ground magnetic and IP geophysical survey carried out by Simcoe Geoscience Limited. Northisle then initiated a follow-up magnetic survey to determine the full extent of the magnetic anomaly to the south of these holes. This will potentially inform the extent of any possible magnetite bearing potassic alteration zone. Results of this survey will be key for the next phase of exploration. #Cu #CuPorphyry #MineralExploration #BC #VancouverIsland #AwardedInBC #ThanksToOurCrews #MoreIn2024 https://lnkd.in/gG2ReJ5r

We are extremely encouraged that ongoing exploration activities at our #KossouGoldProject continue to reveal additional mineralized shear zones, further demonstrating the significant exploration potential of this #gold project. Recent drill road access work has uncovered another mineralised shear zone just west of the known #RoadCutZone geochemical anomaly. RCZ Trench Result Highlights: ✔️ KTR082: 2.76 g/t Au over 22.0 m, incl. 22.36 g/t Au over 2.0 m ✔️ KTR084: 1.49 g/t Au over 10.0 m, and 15.80 g/t Au over 1.0 m  ✔️ KTR086: 8.56 g/t Au over 5.0 m, incl. 12.61 g/t Au over 3.0 m TSXV:KRI #Gold #Exploration #Mining #WestAfrica 

#ASXNews AuMEGA Provides Hermitage Gold and Antimony Project Update AuMEGA Metals (formerly Matador Mining Limited) is pleased to provide an update on its high-grade Hermitage gold and antimony project. • Prospecting and mapping currently underway at the Hermitage #Gold and Antimony Project. • This recent prospecting work has identified several large areas of hydrothermal alteration that host quartz-dominated hydrothermal breccias with relatively chaotic hydrothermal breccias transitioning to breccia veins containing angular wall-rock clasts away from the fault strands. • Recent #mapping and data analysis interprets the regional-scale North Limb Fault, previously identified by the Company, comprises of numerous subparallel fault splays and links that have potential to form a permeability network on a massive scale. • High-resolution airborne magnetic and very low frequency (“VLF”) geophysical survey expected is now expected in the Canadian autumn of 2024. • Staked mineral licence adjacent to the south of the Company’s Hermitage claims extend AuMEGA tenement holding along an interpreted major structural splay. • Historic Government Lake sediment geochemical studies identified the Hermitage Project area as having the largest and highest tenor antimony anomaly in the province. • Hermitage Project is in the same geological domain as the recently closed high-grade Beaver Brook Antimony mine that operated for approximately six years. • Currently evaluating the potential of historically identified uranium showings in the Hermitage Project area. • Phase one diamond drilling assays are expected in the near-term with phase two #drilling currently underway. #AAM’s Managing Director and CEO, Sam Pazuki, P.Eng, M.Fin commented: “Hermitage is one of several projects we have in our portfolio and among our top ranked exploration projects due to its structural and geological architecture. We believe this is highly prospective gold belt and prospecting work has already produced encouraging gold and antimony results over the last two years. This includes multi-gram gold in outcrop over 7 kilometres of strike and high-grade antimony from samples, supporting our belief in the discovery potential of the project. We continue to validate the highly prospective nature of the Hermitage property through our systematic and results driven reconnaissance approach to exploration.” See the full announcement: https://loom.ly/UEUjrEM #AuMEGAMetals #MiningNews #ASX #TSXV #AUM

The Next Steps ⛏️ Delta's team of geologists is currently compiling the wealth of geological, structural, and geochemical data accumulated since the beginning of this phase of drilling. The team is also interpreting the results from a 26.05-line kilometre 3D Induced Polarization survey covering 282 hectares, that covered the known mineralized zone and its extensions as well as the new structural data acquired through a televiewer probing survey of fourteen strategically located drill holes. This multidisciplinary approach will be used to help vector towards new mineralized zones within the gold-bearing structure, helping to plan Delta's next phase of drilling due to start mid-January 2024. ➡️TSXV: DLTA | OTC: DTARF ⬅️ $DLTA.V #Gold #Delta1 #ThunderBay #Mining #Exploration #Ontario #Canada #Goldmining #Preciousmetals #BaseMetals #Miningstocks #Goldstocks #Juniorstocks #Stockstowatch #Hotstocks #Smallcapstocks #Stockmarketinvesting #Investments #Investors #Goldinvestment #tsxv #stocks #Resource #Investing 🗞️See our latest news release to learn more: https://lnkd.in/gX7S-eqp

⛏️ Kula Gold Limited reports RC Drilling at the Company's Boomerang Gold Prospect will commence this week after the follow up round of geochemical sampling enhanced the previously defined #Gold anomaly within the Marvel Loch Project near Southern Cross WA. 🗣 Kula’s Managing Director Ric Dawson comments: “The second round of geochemistry has tightened up the gold soil anomaly for this very promising target in a proven mining district, Kula Gold has a RC rig mobilising to site, preliminary drill locations have been marked and will commence drilling over the next few days. In addition, the current GSWA 1:250,000 geological series map is different to what Kula Gold is now discovering and observing and now opens up major unidentified greenstone units for gold exploration potential in our large over 120km2 landholding.” ANNOUNCEMENT HIGHLIGHTS 🔘 Infill UFF soil sampling enhances the Boomerang gold anomaly to over 200m in length 🔘 Drilling approvals in place and RC drilling to commence this week 🔘 The newly defined gold anomaly sits in a magnetic low which is highly encouraging 🔘 Located along a NW 310-330o orientation within a magnetic low – the optimal configuration as most of the gold deposits in the Southern Cross Goldfields strike in the same direction. 🔘 Cross-cutting north-east (050o) structure in the vicinity of the geochemistry results contains a historical Kula Gold RC hole which had a result of 1m at 2.6g/t gold at 54m 🔘 Being 5km from the Marvel Loch gold processing plant and infrastructure, aligns with Kula Gold’s strategy of exploring near to existing operations to fast track any discovery to monetary success 🔘 Close to the historic multimillion ounce Marvel Loch area gold mines “the best place to discover a gold mine is near the headframe of a gold mine”. The Boomerang Gold Prospect is north of the Nevoria Gold Mine (+600,000 ounces gold), east of the circa 2.4million ounces Marvel Loch Gold Mine and west of the Mt Palmer Gold Mine (+150,000 ounces gold) all of which produced gold at more than 4 grams/tonne. ⚙️ Full Details: https://lnkd.in/gRJd9mnq #exploration #southerncross #mining #asxnews #investmentopportunity

Mexico’s Best Drilling Intercepts, First Week of April 2024 After a week without press releases on drilling in Mexico, Silver Tiger presented results from the ongoing pre-feasibility study (PFS) drilling program at El Tigre, in Sonora. The company has completed 22,000 m of a 25,000 m drilling program focused on expanding resources, up-grading the classification, completing metallurgical and geotechnical studies to take the project to the development stage. The current results are from the Stockwork mineralization present in the El Tigre Formation on the hanging wall and footwall of the El Tigre and Seitz Kelly veins. This is an excerpt of their press release: “The El Tigre silver and gold deposit is related to a series of epithermal veins controlled by a north-south trending structure cutting across the andesitic and rhyolitic tuffs of the Sierra Madre Volcanic Complex within a broad silver and gold mineralized propylitic alteration zone developed in the El Tigre Formation that can be up to 150 metres wide. The veins dip steeply to the west and are typically 0.5 metre wide; however, locally can be up to 5 metres in width. The veins, structures and mineralized zones outcrop on surface and have been traced for 5.3 kilometres along strike in our brownfield exploration area. Historical mining and exploration activities focused on a 1.6-kilometre portion of the southern end of the deposits, principally on the El Tigre, Seitz Kelly and Sooy veins. The under explored Caleigh, Benjamin, Protectora and the Fundadora exposed veins continue north for more than 3 kilometres.” #Mexico #MineralExploration #Drilling #Exploration #Gold #Silver

P2 Gold Update P2 Gold Inc. (TSXV: PGLD | OTCQB: PGLDF).  (TSX-V: PGLD) (OTCQB: PGLDF) provides an update on its activities. BAM Project Update Following the completion of the 2023 BAM Exploration Program, a review of all work completed on the project to date was undertaken by Company geologists and a leading expert in porphyry mineralization. The review, which included an analysis of all geological mapping, geophysics, sampling and drilling data, suggests that the gold mineralization at the Monarch Gold Zone is related to an intrusive distal to the zone and interpreted by the Company to be located to the north of the zone. An area of particular interest for the potential source of the Monarch Gold Zone mineralization is the More Creek Zone located approximately five kilometers east of Arctic Lake, and approximately eight kilometers northeast of the Monarch Gold Zone. The More Creek Zone is defined by a strong gold/copper soil anomaly measuring one-by-one kilometers, is open to the west, and within which numerous rock grab samples returned values ranging from 0.1 to 0.6 gpt gold and 0.2% to 0.4% copper. As the source of the Monarch Gold Zone mineralization is interpreted by the Company to be located to the north of the zone, future exploration work at the BAM Project will focus on the northern part of the BAM Project comprising the Ball Creek Claims, wholly owned by the Company. Accordingly, the Company has discontinued the option on the claims that comprise the southern portion of the project. The BAM Project is now comprised of the Ball Creek Claims that cover approximately 19,000 hectares. https://lnkd.in/gAg5HF-t

P2 Gold Update P2 Gold Inc. (TSXV: PGLD | OTCQB: PGLDF).  (TSX-V: PGLD) (OTCQB: PGLDF) provides an update on its activities. BAM Project Update Following the completion of the 2023 BAM Exploration Program, a review of all work completed on the project to date was undertaken by Company geologists and a leading expert in porphyry mineralization. The review, which included an analysis of all geological mapping, geophysics, sampling and drilling data, suggests that the gold mineralization at the Monarch Gold Zone is related to an intrusive distal to the zone and interpreted by the Company to be located to the north of the zone. An area of particular interest for the potential source of the Monarch Gold Zone mineralization is the More Creek Zone located approximately five kilometers east of Arctic Lake, and approximately eight kilometers northeast of the Monarch Gold Zone. The More Creek Zone is defined by a strong gold/copper soil anomaly measuring one-by-one kilometers, is open to the west, and within which numerous rock grab samples returned values ranging from 0.1 to 0.6 gpt gold and 0.2% to 0.4% copper. As the source of the Monarch Gold Zone mineralization is interpreted by the Company to be located to the north of the zone, future exploration work at the BAM Project will focus on the northern part of the BAM Project comprising the Ball Creek Claims, wholly owned by the Company. Accordingly, the Company has discontinued the option on the claims that comprise the southern portion of the project. The BAM Project is now comprised of the Ball Creek Claims that cover approximately 19,000 hectares. https://lnkd.in/gKdFhX4t