Barton Gold (#ASX:BGD) boosts JORC resource to 1.5Moz at Tunkillia with Area 51 upgrade, continues exploration for high-grade targets in 2024
The Market Online (Australia)’s Post
More Relevant Posts
-
Coverage stock Barton Gold (ASX: BGD) (initiated in June 2023) is currently undertaking a focused work program at its Tarcoola Gold Project in South Australia. Encouraging results from the planned ~7,000m drilling program have seen it expanded to ~9,000m in order to test new structural targets located close to the Perseverance Mine, with assays awaited. Separately, BGD has also released high-grade assay results from drilling undertaken at the Perseverance mine between September 2023 and April 2024, which were designed to test for shallow, easily accessible open-pit mineralisation. Encouragingly, the assay results have confirmed multiple shallow high-grade extensions of pit floor mineralisation in, and new high-grade structures below, the Perseverance mine. Importantly, the recently enhanced 1.5Moz Au Tunkillia Resource provides a critical mass for BGD to model baseline economic analyses and initiate Scoping Study work, complemented by BGD’s ownership of the only regional gold mill. #gold #equities #commodities #resources #ausbiz
To view or add a comment, sign in
-
Thor Explorations sees positive results from Makosa East drilling @ThorExpl_THX #TSXV #AIM #OTC #THX #THXPF. 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... http://ow.ly/I4sw105HJx7
To view or add a comment, sign in
-
Emperor Metals (CSE: AUOZ, OTCQB: EMAUF, FSE: 9NH) , a company under coverage at Couloir Capital, provided and update on their continuing exploration and gold resource expansion program in the Abitibi gold camp. The current drilling campaign follows up on the very successful results of Emperor’s 2023 program. The initial 2,500 meters focused within the Conceptual Ultimate Open Pit foot wall; focusing on building inferred ounces. Emperor is now extending the drilling 1.1 km east towards the Nip Zone to understand how potential satellite open pits can be connected to increase inferred ounces. The project covers ~2.5km of the Porcupine - Destor Fault Zone and there are compliant resource deposits at each end at the claim boundary held by others showing the prospectivity of this structure to hold gold ounces. #gold #Abitibi #goldexploration #juniormining #equityresearch The Nip Zone contains currently untested potentially high-grade gold targets based on results contained in the Company's extensive project dataset. This includes an intercept showing thickness of high-grade gold intercepts at the Nip Zone of 16.0 m of 6.06 g/t gold with untested downhole IP/Resistivity anomalies in the vicinity. As well, associated defined structural lineaments make this a top priority area to explore for additional ounces. Intercepts of 2.5 m of 52.88 g/t gold show the higher-grade potential of this project. Emperor is well funded with approximately $4 million in working capital at the onset of this drilling program to advance the Duquesne West project towards an updated mineral resource. We look forward to receiving the assay results from the ongoing drilling program that we believe will continue to show the ability of this property to deliver good results in a strong gold price evironment. We encourage you to read our full report on the company at www.couloircapital.com.
To view or add a comment, sign in
-
📢Odienné Results Confirm Mineralised Structures, Extend Targets and Define New Anomaly Highlights: 🔹Auger results highlight existing high priority targets, and additional new targets within the high strain Archean margin (Sassandra Fault) in northwest Côte d’Ivoire. 🔹Newly defined 4km gold anomaly identified at ‘Zone C’ peripheral to previous soil anomaly. 🔹Reconnaissance diamond drill holes into the 758km² Odienné Project confirm presence of extensive shearing coincident with gold mineralisation and favourable alteration. 🔹Drilling to commence at Odienné and Ferke projects over the next two months. We're pleased to announce assay results for the Company’s reconnaissance exploration campaign at the Odienné Project in Côte d’Ivoire. This program comprised 7,741m of auger sampling, and 1,069m of diamond drilling at Odienné South, which covers a 30km extent of the prolific Sassandra Fault corridor. This corridor trends through the adjoining Awalé/Newmont JV project host to recent discovery drilling, and northwest to Predictive Discovery’s 5.4Moz gold deposit. Many Peaks’ Executive Chairman, Travis Schwertfeger commented: “With receipt of our first set of assay results from our maiden program at Odienné, we are encouraged to see continuity of mineralisation through multiple lines of auger drilling. This further highlights the discovery potential at Odienné as the company consistently vectors in on more discrete targets with each step in the exploration process. While the diamond assay results are not high grade, they are significant, and the combined results from auger and diamond drilling mark a significant step towards a discovery at the Odienné South permit”. “We are very pleased with the achievements of our exploration team, and the results of the June-July campaigns across Odienné. Having successfully executed a significant amount of work so quickly on the heels of completing our project acquisition the Company is well positioned for aggressive and targeted drilling going into the upcoming field season in Côte d’Ivoire”. 🗞️Read the full ASX announcement here: https://lnkd.in/gFgm-CeQ #MPK #ManyPeaksMinerals #gold #assays #ASXNews
To view or add a comment, sign in
-
Amex Exploration Inc. (AMX-V) Amex discovers new lens of gold mineralization in deepest drilling to date in western Gratien Gold Zone and provides update on mineral resource estimate Amex Exploration, on June 27, 2024, reported that it had intersected gold mineralization in the deepest drilling to date in the western area of the Gratien Gold Zone on the Perron Project in the Abitibi region of Québec. The Perron Project is a growing gold asset near Normétal, NW Québec. The mineralization at Gratien appears to be a new lens or 'stack' that make up the multiple stacked lenses of mineralization. Amex provided an update on the upcoming NI 43-101 resource estimate. Amex has decided that it shall include the recently discovered JT Zone (see: https://lnkd.in/eBXVibwf) into the resource along with this year's drilling in the Gratien Zone. Amex is now aiming for a release towards the end of Q3 and remains on track for the release of a PEA in Q4. Up to 5 drill rigs continue to operate on the Perron Project and Amex is forecasting 80,000 m of diamond drilling in 2024. See end of: https://lnkd.in/eGPPFaNf https://lnkd.in/e8NrEy9s #quebec #abitibi #normetal #perron #gratien #gold #drilling
To view or add a comment, sign in
-
In case you missed it, we shared some updates from our Phase 2 Exploration Program at the Tartan Mine near Flin Flon, Manitoba! Hanging Wall Zone (HWZ) 20.6 g/t Gold Over 5.7 Metres, including 30.4 g/t Gold Over 3.0 Metres! Our team's innovative directional drilling tool has proven its worth, expanding high-grade gold in the Hanging Wall Zone to the west and intersecting the Main Zone, extending the deposit even further. Main Zone (MZ) Discovery! 8.0 g/t Gold Over 3.0 Metres, within 3.1 g/t Gold Over 18.4 Metres! We've hit another jackpot, uncovering significant gold in the Main Zone, adding depth and width to our resource potential. Phase 2 Exploration Program Update: With 4,000 meters drilled and more to come, we're eagerly awaiting assay results, aiming to update our resource estimates. Stay tuned as we dive into the South Zone, targeting further mineralization to expand our resource base. #CanadianGoldCorp #TartanMine #Exploration
To view or add a comment, sign in
-
Toubani Resources Ltd (ASX:TRE) has received further promising results from targeted resource definition drilling at the Kobada Gold Project in southern Mali. Between February and May 2024, Toubani completed a focused resource definition drilling program to test key areas of near-surface oxide mineralisation within or adjacent to preliminary pit designs. The Kobada project, which hosts 2.4 million ounces of mineral resources over a 4.5-kilometre strike length, is primarily comprised of oxide and open-pittable resources. The first 54 holes demonstrated shallow high-grade mineralisation, with standout results including 71 metres at 1.86 g/t gold and 19 metres at 20.6 g/t, among the top 20 intersections at Kobada based on gram-metre metrics. More at #Proactive #ProactiveInvestors #Gold #GoldMining #OxideGold https://ow.ly/pPr550RQqBp
Toubani Resources hits more wide, high-grade oxide gold up to 57 metres at 2.48 g/t at Kobada
proactiveinvestors.com.au
To view or add a comment, sign in
-
We've received further shallow, wide gold intercepts, including 𝟵𝟬𝗺 @𝟭.𝟭𝟲 𝗴/𝘁 𝗴𝗼𝗹𝗱, from diamond holes at BD Target 1 as part of ongoing diamond drilling at our Boundiali Gold Project in Côte d'Ivoire, West Africa. We discovered visible gold in the core and we are identifying the best assaying method for it. The BD Target is a 1.3km by 1km gold prospect within a larger 13km by 3km gold mineralised corridor. Drilling is currently underway, with 30,000m of diamond drilling planned for this year, accelerated by the addition of a third drill rig to our fleet. Our aim is to continue aggressive exploration to establish an initial Mineral Resource Estimate by late 2024. More assay results from drilling at BD Target 1 and Target 2 are expected over the coming weeks. Managing Director Dr. Caigen Wang said: “Results from two step-back holes at BD Target 1 have confirmed the gold system is open and continues at depth. It is very encouraging to see these new wide gold intercepts underneath earlier results such as 73m @ 2.15g/t Au from 172m (DSDD0012). We have drilled ~60m down dip with these holes from the previous hits and these are the deepest holes (covering ~300m vertically) drilled on the project so far. We have noted visible gold in the drill core and have been investigating the suitability of using PhotonAssay with its larger 500g sample size and speed compared to a 50g fire assay. The larger sample size should be more suitable for gold mineralisation where coarse visible gold is present such as what we are seeing at Boundiali. This work continues to identify the optimum assay methodology for our gold mineralisation. We are well funded and supported by our shareholders and have increased our drill fleet to three diamond rigs on site this week lifting our drilling capacity to 4,000m a month. Given the encouraging results to date we are confident to add new targets on the BD and BM tenements whilst we drill towards our target of delivering inaugural JORC resources by late 2024.” Read the full ASX Announcement here: https://lnkd.in/guuaKU9X #AUE #Aurum #gold #westafrica #exploration #drilling #smallcaps #asx #ASXnews #miningnews
Aurum step-back drilling hits 90m @ 1.16 g/t gold at Boundiali BD Target 1
To view or add a comment, sign in
-
Juggernaut Exploration (JUGR.TSXV, OTCQB: JUGRF, FSE: 4JE) reports the discovery of a new mineralized trend at depth consisting of significant sulphide mineralization averaging 10 meters in thickness that extends for 450 meters from the Kokomo showing ( that sampled 9.343 g/t Au, 117 g/t Ag, 1.58 % Cu and 1.77 % Zn) towards the south and remains open on its 100 % controlled Midas property. A second trend splitting off the main trend extends for 200 m to the southeast. The 2024 drill program has defined the most extensive mineralization observed on the Midas property to date. #gold #vms #GoldenTriangle #equityresearch #goldexploration https://lnkd.in/gnmccMKy These results are visual and assays are pending from the now-completed 2024 program with 2738 m drilled in 13 holes from 6 drill pads. This drill program was testing several lines of evidence that pointed to an area that had never been drill-tested prior to 2024. The system remains open along, strike and depth, providing excellent additional opportunities for discovery. These results are encouraging in the tenor of mineralization observed, thickness, extending the strike, and discovery of a second trend. Our coverage and recommendation on Juggernaut Exploration can be found at: www.couloircapital.com
To view or add a comment, sign in
-
Amex Exploration Inc. (AMX-V) Amex further defines High Grade Zone at depth with results up to 23.81 g/t Au over 4.30 m at Perron, Abitibi, Québec Amex disclosed on January 3, 2024 assay results from 3 drill holes focused on definition drilling of the High Grade Zone ("HGZ"), part of the Eastern Gold Zone ("EGZ"), of the Perron Project in the Abitibi region of NW Québec. The 100% owned high-grade Perron Gold Project is located ~110 km north of Rouyn-Noranda, near Normétal. Drill results are focused on further definition of the Eastern HGZ at depth and are part of a resource definition program. Highlights include up to 4.3 m @ 23.81 g/t Au (including 50.35 g/t Au over 2m) at a vertical depth of ~1,100 m (DDH PE-21-318W3). The HGZ continues to show continuity over a vertical depth of well over a kilometer, which bodes well for the potential extraction of gold in the mineralized deposit. The central high-grade ore shoot continues to expand moderately and results suggest indeed a certain variability in grade and thickness. The Perron Project has both bulk tonnage and a high-grade gold style mineralization permitting optionality for mining scenarios located in the heart of the Abitibi. See end of: https://lnkd.in/eEuf6CuG https://lnkd.in/ekuHtdH7 #quebec #abitibi #normetal #gold
To view or add a comment, sign in
1,585 followers