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SCOTTIE RESOURCES INTERCEPTS 13.9 G/T GOLD OVER 7.00 METRES AT BLUEBERRY CONTACT ZONE
https://www.newswire.ca/news-releases/scottie-resources-intercepts-13-9-g-t-gold-over-7-00-metres-at-blueberry-contact-zone-851208128.html
Scottie Resources Corp. Feb 07, 2024, 07:30 ET
VANCOUVER, BC, Feb. 7, 2024 /CNW/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT)
Golden Cariboo 5-Year Exploration Permit Approved
https://thenewswire.com/press-releases/1kWVF0bE2-golden-cariboo-5-year-exploration-permit-approved.html
February 7, 2024 – TheNewswire -Vancouver, Canada –Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN-A0RLEP) announces its Notice of Work application to expand mineral exploration activities at the Company’s 100% owned Quesnelle Gold Quartz Mine Project (“QGQ Project”) near Hixon, British Columbia has been approved.
The Company’s mineral exploration permit has been authorized for an additional five years. The exploration team will first target the newly discovered replacement mineralization and high-grade gold bearing veins between and adjacent to the Main zone and the new discovery of the Halo zone (See News Release dated May 18, 2023), which is open along strike and at depth. The approved permit includes up to 270 surface diamond drill holes on 54 drill pads as well as up to 5.7 km of trenching, 7.86 km of trail construction and 10 line km of IP geophysical surveying. Additional exploration activities may include soil sampling, self-potential geophysical surveying, bedrock mapping and regional prospecting activities.
Company President and CEO, Mr. J. Frank Callaghan commented “We’re excited to advance an extensive multi-phase exploration program at the Company’s QGQ Project. The Company acquired the project due to its historic production, presence of a greenstone contact and its potential to host similar mineralization to the Bonanza Ledge Mine, which our team originally discovered and put into production at Osisko Development’s Cariboo Gold Project. After Golden Cariboo’s team put the Bonanza Ledge Mine into production and further developed the Cariboo Gold Project, it was acquired by Osisko Royalties for $330 million and is now owned and operated by Osisko Development. We feel that there is a similar opportunity to repeat our achievements at the QGQ Project and fundamentally believe that you make a mine, you don’t find one.”
About Golden Cariboo Resources Ltd.
Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with high-grade targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine Project which is almost fully encircled on 3 of 4 sides by Osisko Development (NSE-ODV/TSXV-ODV). Historically, over 101 placer gold creeks on the 90 km trend from the Cariboo Hudson mine north to the Quesnelle Gold Quartz mine have recorded production and successful placer mining continues to this day.
Golden Cariboo’s Quesnelle Gold Quartz Mine property is 4 km northeast of, and road accessible from, Hixon in central British Columbia. The property includes the Quesnelle Quartz gold-silver deposit, which was discovered in 1865 in conjunction with placer mining activities. Hixon Creek, which dissects the Quesnelle Gold Quartz Mine property, is a placer creek which has seen small-scale placer production since the mid 1860's.
GOLDEN CARIBOO RESOURCES LTD.
“J. Frank Callaghan”
J. Frank Callaghan, President & CEO
Neither the “CSE” Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements:
This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding: the number of Shares outstanding following the Consolidation; the effect of the Consolidation on the market for the Shares; and the treatment of fractional shares in the Consolidation.
The forward-looking statements herein speak only as of the date they were originally made. The Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
GSP Drills 2.42% Copper, 47 gpt Silver, & 0.57 gpt Gold over 12.8 m, including 5.2% Copper, 103 gpt Silver & 1.22 gpt Gold over 5.7m, at Alwin Mine Copper-Silver-Gold Project
https://thenewswire.com/press-releases/1BjjFa60M-gsp-drills-2-42-copper-47-gpt-silver-0-57-gpt-gold-over-12-8-m-including-5-2-copper-103-gpt-silver-1-22-gpt-gold-over-5-7m-at-alwin-mine-copper-silver-gold-project.html
News Release - Vancouver, British Columbia – TheNewswire - February 7, 2024: GSP Resource Corp. (TSX-V: GSPR
Kermode Reports 2023 Review and 2024 Plans for Vancouver Island Projects
https://thenewswire.com/press-releases/1Bb4F6V5Y-kermode-reports-2023-review-and-2024-plans-for-vancouver-island-projects.html
Victoria, British Columbia - TheNewswire - February 7, 2024 - Kermode Resources Ltd. (TSXV:KLM)
Decade Announces Copper Assays from Surface Sampling for Treasure Mountain, Terrace BC
https://www.newsfilecorp.com/release/196904
February 06, 2024 8:00 AM EST | Source: Decade Resources Ltd.
Stewart, British Columbia--(Newsfile Corp. - February 6, 2024) - Decade Resources Ltd (TSXV: DEC)
Evergold Conducts Airborne Magnetic Survey of DEM Porphyry Property, B.C., in Preparation for 2024 Field Season
https://ca.finance.yahoo.com/news/evergold-conducts-airborne-magnetic-survey-120000380.html
Evergold Corp.
Tue, February 6, 2024 at 4:00 a.m. PST·5 min read
EVGUF
0.00%
TGT
+0.82%
Figure 1
DEM Property February 2024 Heliborne Magnetic Survey Coverage Area
Figure 2
Coverage Area of the 2017 Magnetic Survey, DEM1 Prospect
Figure 3
Sea-Level Susceptibility Slice of Regional Magnetics, DEM Property
Figure 4
Structural Setting and Location of the DEM2 Target Relative to DEM1
TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, WKN: A2PTHZ) (“Evergold” or the “Company”) is pleased to report that a 1490 line-km, high resolution heli-borne magnetic survey over the entire 10,451-hectare breadth of the road-accessible DEM property, located 40 km northwest of Fort St. James in central B.C., is now underway. The survey (Figure 1) is being carried out in follow-up to a small 3-hole reconnaissance drill program carried out in October-November last year on the large DEM1 porphyry prospect, which covers 4 km2 (4%) of the highly prospective 104 km2 property area. The drilling targeted a multi-element geochemical anomaly in soils overlying the topographically highest areas of the DEM1 prospect along with coincident and compelling strong magnetic, IP chargeability and resistivity anomalies, suggesting high discovery potential. Initial assays (additional assays are pending) from this very preliminary drill program have attracted considerable positive attention in the technical community and industry, including a shout-out as “the property to watch” by the B.C. government geologist at the recent AMEBC Roundup conference in Vancouver. These early assay results demonstrate:
A large new porphyry system at DEM1
A system fertile for both intrusion and related vein-hosted precious and strategic metals
A remarkable assemblage of sulphides and associated high-value elements including gold, silver, molybdenum, cobalt, tungsten, tellurium and rhenium, indicating a richly mineralized system that is considered likely to produce both broad and/or high-grade intercepts with higher-density drilling, now in planning
Broad intercepts of gold and silver, for example, 135 metres of 0.12 g/t Au, 2 g/t Ag from 6 to 141 metres in hole DEM23-01 and 48.2 metres of 0.58 g/t Au and 11 g/t Ag from 303 to 351.2 metres in hole DEM23-03
High-grade porphyry-hosted intercepts including individual sample highs of molybdenum (0.82%) with associated gold (1.2 g/t), rhenium (3.7 g/t) and silver (8 g/t)
High-grade vein-hosted intercepts including individual sample highs of gold (29.5 g/t), silver (182 g/t), cobalt (0.12%), copper (0.19%) and tellurium (41 g/t).
An earlier, limited-coverage magnetic survey carried out in 2017 proved highly effective in delineating the immediate area of the DEM1 target (Figure 2). A recent review of the sea level susceptibility slice of the publicly available regional magnetic dataset revealed a large new anomaly immediately southeast of DEM1, of similar scale and character (Figures 3 & 4). The magnetic survey now underway is expected to better define this ‘DEM2’ target, possibly reveal others over the roughly 96% of the property not surveyed to date, and provide greater detail and depth penetration over and below the DEM1 prospect, allowing for more effective drill targeting.
“Markets continue to be tough, but we remain very keen on the DEM1 prospect, and the wider DEM property,” said Kevin Keough, President & CEO. “The recent shout-out DEM received to an overflow crowd at Roundup – uniquely so among all the projects highlighted – is instructive. The results returned from our tiny first pass drill program were highly encouraging, and the industry is watching. We look forward to advancing the DEM1 prospect this summer, possibly with the participation of an industry partner, and to searching for additional targets on the largely unexplored, highly prospective DEM property.”
About the DEM Project
The 10,451-hectare DEM property, located in moderate terrain only 40 kms northwest of Fort St. James in central B.C., lies toward the south end of the Nation Lakes porphyry camp and within the Quesnel Terrane, the latter of which hosts large deposits and long-life mines including the nearby Mount Milligan mine (50 kms to the northeast of DEM), and Lorraine deposit and, farther south, the Mt. Polley, Afton, Copper Mountain, and Brenda mines, in addition to the Highland Valley mines and deposits. Located central to the DEM property is the “DEM Halo” (a.k.a. “DEM1”) prospect, a roughly 4km2 target area defined by alteration and mineralogy suggestive of the presence of a porphyry system, by a multi-element soil geochemical signature, including soil highs to 2.1 ppm Au, 160 ppm Ag, >10,000 ppm As, and 651 ppm Cu, by compelling high-relief magnetic and IP-chargeability anomalies, and by the presence of nearby regional scale structures. Extensive logging in the area and associated forest service roads provide drive-on access directly to the DEM prospect. All of these factors, when combined, indicate excellent discovery potential for a precious and strategic metals-enriched porphyry and related vein systems. Further details on the DEM prospect may be found on the Company’s website at www.evergoldcorp.ca/projects/dem-property/ and in a NI 43-101 technical report entitled “Technical Report on the DEM Property” dated August 30, 2023, posted thereon and on the Company’s issuer profile at SEDAR+.
Qualified Person
Charles J. Greig, M.Sc., P.Geo., the Company’s Chief Exploration Officer and a Qualified Person as defined by NI 43-101, has reviewed and approved the technical information in this news release.
Figure 1: DEM Property February 2024 Heliborne Magnetic Survey Coverage Area. Total flight lines 1489.7 km.
Figure 1 - DEM Property February 2024 Heliborne Magnetic Survey Coverage Area
Figure 2: Coverage Area of the 2017 Magnetic Survey, DEM1 Prospect
Figure 2 - Coverage Area of the 2017 Magnetic Survey, DEM1 Prospect
Figure 3: Sea-Level Susceptibility Slice of Regional Magnetics, DEM Property
Figure 3 - Sea-Level Susceptibility Slice of Regional Magnetics, DEM Property
Figure 4: Structural Setting and Location of the DEM2 Target Relative to DEM1
Figure 4 - Structural Setting and Location of the DEM2 Target Relative to DEM1
About Evergold
Evergold Corp. is a TSX-V listed mineral exploration company with projects in B.C. and Nevada. The Evergold team has a track record of success in the junior mining space, most recently the establishment of GT Gold Corp. in 2016 and the discovery of the Saddle South epithermal vein and Saddle North porphyry copper-gold deposits near Iskut B.C., sold to Newmont in 2021 for a fully diluted value of $456 million, representing a 1,136% (12.4 X) return on exploration outlays of $36.9 million.
For additional information, please contact:
Kevin M. Keough
President and CEO
Tel: (613) 622-1916
kevin.keough@evergoldcorp.ca
www.evergoldcorp.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward- looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c33c27a0-be33-4211-acde-51790bc527cb
https://www.globenewswire.com/NewsRoom/AttachmentNg/65a5203f-8efd-4e7e-ba68-426385f4deeb
https://www.globenewswire.com/NewsRoom/AttachmentNg/21c2fa18-7629-4162-b4fc-8bda2e5d9338
https://www.globenewswire.com/NewsRoom/AttachmentNg/d34a5fe8-f87e-49e8-8b8c-72d67c1b3c2f
Surge Copper Intersects 418 metres grading 0.38% CuEq including 40 metres grading 0.47% CuEq at the Berg Deposit
https://ca.finance.yahoo.com/news/surge-copper-intersects-418-metres-123000620.html
Surge Copper Corp.
Wed, January 31, 2024 at 4:30 a.m. PST·8 min read
SRGXF
0.00%
Vancouver, British Columbia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2)
Stamper Oil & Gas: Remainder of Assays 2023 Exploration Season
https://www.newsfilecorp.com/release/196364
January 31, 2024 12:35 PM EST | Source: Stamper Oil & Gas Corp. V
ancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Stamper Oil & Gas Corp. (TSXV: STMP) (FSE: TMP2)
Artemis Gold Provides Q4 Update on Blackwater Mine Construction Progress
https://www.newswire.ca/news-releases/artemis-gold-provides-q4-update-on-blackwater-mine-construction-progress-808061884.html
Artemis Gold Inc. Jan 30, 2024, 06:45 ET
TSXV: ARTG
Project Remains Fully Funded, Within Guidance for Initial Capital Expenditure, and on Schedule
VANCOUVER, BC, Jan. 30, 2024 /CNW/ - Artemis Gold Inc. (TSXV: ARTG) ("Artemis Gold" or the "Company") provides an update on Q4 construction progress at the Blackwater Mine in central British Columbia. The project remains fully funded, within the guidance for initial capital expenditure, and on schedule for first gold pour in H2 2024.
Building Blackwater Q4 2023 Project Video
Project Plant Site - January 2024 (CNW Group/Artemis Gold Inc.)
Tank Construction - December 2023 (CNW Group/Artemis Gold Inc.)
Secondary & Tertiary Cable Tray Installation Progress - January 2024 (CNW Group/Artemis Gold Inc.)
Ball Mill Shell Installation - January 2024 (CNW Group/Artemis Gold Inc.)
Ball Mill Shell Installation - January 2024 (CNW Group/Artemis Gold Inc.)
Exterior Reclaim Tunnel - January 2024 (CNW Group/Artemis Gold Inc.)
Interior Reclaim Tunnel - January 2024 (CNW Group/Artemis Gold Inc.)
Conveyor Assembly - January 2024 (CNW Group/Artemis Gold Inc.)
TSF Earthworks - January 2024 (CNW Group/Artemis Gold Inc.)
Transmission Line Conductor Delivered Onsite - December 2023 (CNW Group/Artemis Gold Inc.)
Transmission Line Poles Onsite - January 2024 (CNW Group/Artemis Gold Inc.)
400 Tonne Excavator - January 2024 (CNW Group/Artemis Gold Inc.)
240 Tonne Rigid Frame Haul Truck - January 2024 (CNW Group/Artemis Gold Inc.)
Transmission Line Clearing – December 2023 (CNW Group/Artemis Gold Inc.)
At December 31, 2023, overall construction was 59% complete, and approximately C$389 million of the guided initial capital expenditure of C$730 to C$750 million had been spent. The lag between the spend and percentage of completion is as planned and consistent with a typical project S-curve. By the end of Q4 2023, the Company had entered into contractual commitments for C$615 million (or 84% of the lower end of the guided initial capital expenditure). The majority of the balance of uncommitted expenditures for the guided initial capital relate to owners cost and earthworks associated with mining pre-strip and construction of the tailings storage facility ("TSF") and other civil structures.
Artemis Gold Chairman and CEO Steven Dean commented: "We remain focused on a disciplined approach to development and remain on track for the first gold pour in H2 2024."
Construction Update
Earthworks continued in priority infrastructure areas, with approximately 640 hectares logged and cleared. All access roads needed for Phase 1 construction are now operable. Construction of the site water management facilities, including the water management pond, and Davidson Creek diversion, is well advanced. Work associated with the transmission line is progressing in accordance with the project schedule.
Total major works hours worked up to December 31, 2023, surpassed 1.1 million hours with a zero LTIFR1 and an AIFR2 of 91.86.
Plant Site
Process plant construction progressed well on a number of fronts, including the mill building foundation preparation, reagents building foundations, ball mill pedestals, carbon in leach ("CIL") and detox tank erection, advancement of the primary, secondary, and tertiary crushers structures, and the reclaim tunnel civil works. Hydro testing within the CIL tank area commenced.
Construction of the run-of-mine ("ROM") wall and the initial ROM dump slab earthworks have been completed. The focus has now moved to concrete formwork to allow for the installation of the primary crusher ROM slab and crusher vault. Steel structures for the secondary and tertiary crusher and screening station have been advanced and installation of the crushing mechanical packages commenced in Q4. The erection of the mill building and installation of the ball mill also commenced in late Q4.
Heavy Equipment
The construction fleet now includes 60 and 100 tonne rigid frame haul trucks and 150 tonne excavators, providing more material movement capability to key areas. Assembly and commissioning of the owner's mining fleet is well advanced, including two 400 tonne hydraulic backhoe excavators. Five 240 tonne rigid frame haul trucks have been delivered to site, four of which have been substantially assembled. The remainder of the fleet to support operations will arrive predominately across the first half of 2024. Fleet assembly is expected to be completed well before the commencement of pre-stripping, and equipment will be made available to support earthworks if needed.
Engineering and Procurement
At the end of December 2023, the Sedgman EPC contract work was 75% complete overall, with engineering, design and procurement substantially complete. Key mechanical equipment packages, including the primary, secondary and tertiary crushers, conveyor assemblies, dry screens, and ball mill are all on site and are in various stages of installation. The electrical machinery control centres are also in various stages of delivery and installation.
Key mining-related contracts have been executed with detailed mobilization plans for production drilling services well advanced. In addition, equipment supply contracts have been awarded for the oxygen plant and water treatment plant. Q4 also marked the arrival onsite of the first delivery of the 225kV transmission line conductor and poles.
Personnel
The Company's staffing numbers surpassed 320 employees in Q4 2023, with approximately 20% of the team female and over 30% identifying as Indigenous. Approximately 50% of the development team is from the local region and over 80% are B.C. residents. The total workforce at the Blackwater Mine, including staff and contractors, surpassed 550 towards the end of December.
Funding
At December 31, 2023, Artemis Gold had estimated remaining Phase 1 capital expenditures of C$341 to C$361 million. At the same date, the committed sources of funding totalled C$432 million, comprising:
cash and cash equivalents of C$157 million;
remaining drawdowns from the project loan facility of C$235 million (including up to C$25 million of capitalized interest), and
a cost overrun facility of C$40 million.
In addition, the Company had 26.2 million warrants outstanding which are exercisable at C$1.08 per warrant before August 27, 2024, for anticipated proceeds of C$28 million.
Hedging
Artemis Gold has put in place a modest hedging program to secure the returns on capital invested in the early years of operations and further de-risk servicing of the Company's project loan facility during the pay-back period. To date, the Company has entered into forward sales agreements to deliver 190,000 ounces of gold between March 2025 and December 2027 at a weighted average sales price of C$2,851 per ounce, which is more than 40% higher than the gold price assumption in the September 2021 Feasibility Study. During Q4 2023, the Company also executed zero cost collars associated with 30,000 ounces of gold with settlement dates from December 2024 to February 2025. The collars have a weighted average put price of C$2,600 per ounce and a weighted average call price of C$3,353 per ounce.
Expansion Study
With Phase 1 fully funded and 59% complete at the end of December 2023, a study to evaluate the benefits of advancing the Phase 2 expansion earlier than contemplated in the September 2021 Feasibility Study is progressing well. The results of this expansion study are expected to be released later in Q1 2024.
Artemis Gold President and COO Jeremy Langford commented: "The fourth quarter was highlighted by our workforce eclipsing one million hours worked without an LTI – an important achievement that reflects the hard work and commitment of our dedicated workforce. As we enter Q1 2024, our short-term priorities will be to further progress the TSF infrastructure areas, advance the construction of the 225Kv transmission line and complete all essential concrete works within the process facility. In parallel with this the teams will look to progress the structural, mechanical, platework, piping and electrical construction activities within the process plant and electrical substation areas. Operations team members are scheduled to commence pre-production planning, which will prepare the teams for initial mining operations and plant commissioning."
Video
Watch here for a Q4 project update video: https://youtu.be/LIKtgXHlOJs
Artemis Gold
Artemis Gold is a well-financed, growth-oriented gold development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The company's current focus is the construction of the Blackwater Mine project in central British Columbia approximately 160km southwest of Prince George and 450km northeast of Vancouver. The project is one of the largest capital investments in the Bulkley-Nechako, Fraser-Fort George and Cariboo regions of B.C. in the last decade. The first pour of gold and silver from Blackwater Mine is expected in H2 2024 and the mine is expected to be in production for a minimum of 22 years. Artemis Gold trades on the TSX-V under the symbol ARTG. For more information visit www.artemisgoldinc.com.
Qualified Person
Jeremy Langford, FAUSIMM, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.
On behalf of the Board of Directors
Steven Dean
Chairman and Chief Executive Officer
+1 604 558 1107
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-looking Information
This press release contains certain forward-looking statements and forward-looking information as defined under applicable Canadian and U.S. securities laws. Statements contained in this press release that are not historical facts are forward-looking statements that involve known and unknown risks and uncertainties. Any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. In certain cases, forward-looking statements and information can be identified using forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "potential" or similar terminology. Forward-looking statements and information are made as of the date of this press release, and include, but are not limited to, statements regarding the potential of the Blackwater mine project; the jobs to be created in connection with the project; the contribution of the project to the economy; opinions of the Province of British Columbia regarding the project and the region; agreements and relationships with Indigenous partners; the future of mining in British Columbia; the plans of the Company with respect to the project, including construction, site preparation, clearing, consultation with indigenous groups, and other plans and expectations of the Company with respect to the project.
These forward-looking statements represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance, which are based on information currently available to management, management's historical experience, perception of trends and current business conditions, expected future developments and other factors which management considers appropriate. Such forward-looking statements involve numerous risks and uncertainties, and actual results may vary. Important risks and other factors that may cause actual results to vary include, without limitation: risks related to the ability of the Company to accomplish its plans and objectives with respect to the development of the project within the expected timing or at all, the timing and receipt of certain required approvals, changes in commodity prices, changes in interest and currency exchange rates, risks inherent in exploration estimates and results, risks inherent in exploration and development activities, changes in development or mining plans due to changes in logistical, technical or other factors, unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications, cost escalation, unavailability of materials, equipment or third party contractors, delays in the receipt of government approvals, industrial disturbances, job action, and unanticipated events related to heath, safety and environmental matters), changes in governmental regulation of mining operations, political risk, social unrest, changes in general economic conditions or conditions in the financial markets, and other risks related to the ability of the Company to proceed with its plans for the project and other risks set out in the Company's most recent MD&A, which is available on the Company's website at www.artemisgoldinc.com and on SEDAR+ at www.sedarplus.ca
In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, the assumptions that: (1) market fundamentals will result in sustained mineral demand and prices; (2) any necessary approvals and consents in connection with the development of the project will be obtained; (3) financing for the development, construction and continued operation of the project will continue to be available on terms suitable to the Company; (4) sustained commodity prices will continue to make the project economically viable; and (5) there will not be any unfavourable changes to the economic, political, permitting and legal climate in which the Company operates. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause the actual results or performance by the Company to differ materially from those expressed in or implied by any forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or the financial condition of the Company. Investors should therefore not place undue reliance on forward-looking statements. The Company is under no obligation and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future events or otherwise, except as may be required under applicable securities laws.
_____________________________
1 LTIFR or Lost Time Injury Frequency Rate refers to the number of lost time injuries occurring per million man-hours worked, divided by total man-hours worked.
2 AIFR or All Injury Frequency Rate refers to the total number of recordable incidents occurring per million man-hours worked, divided by total man-hours worked.
SOURCE Artemis Gold Inc.
For further information: Investor Relations contact: Meg Brown, Vice President, Investor Relations, mbrown@artemisgoldinc.com, +1 778 899 0518; Media relations contact: media@artemisgoldinc.com
Sun Summit Closes Option Agreement to Acquire JD Project and Announces Effective Date for Consolidation
https://www.newsfilecorp.com/release/196793
February 05, 2024 7:00 AM EST | Source: Sun Summit Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2024) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) (the "Company" or "Sun Summit") is pleased to announce, further to the Company's news releases dated November 9, 2023, January 9, 2024, and January 29, 2024 that it has closed its option agreement (the "Option Agreement") with arm's length parties of the Company (the "Optionors"), pursuant to which the Company has been granted the option to acquire a 100% interest in the JD Project in the Toodoggone gold-copper district in north-central British Columbia. For further details regarding the Option Agreement, see the Company's press release dated January 9, 2024.
In connection with the Option Agreement, Sun Summit intends to consolidate its outstanding common shares on the basis of one post-consolidation common share for every three pre-consolidation common shares, as described in the Company's news releases dated November 9, 2023 and January 29, 2024 (the "Consolidation"). It is anticipated that the Company's common shares will begin trading on the TSX Venture Exchange on a post-consolidated basis at market open on February 8, 2024. The Option Agreement and Consolidation remain subject to the final approval of the TSX Venture Exchange.
The Company will be issuing the initial tranche of 2,000,000 common shares of the Company to the Optionors under the Option Agreement shortly after completing the Consolidation. All common shares of the Company issued pursuant to the terms of the Option Agreement are subject to a hold period under applicable securities laws of four months from the date of issuance.
About Sun Summit
Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on expansion and discovery of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the Buck Project in central B.C, and the JD Project in the Toodoggone region of north-central B.C.
Sun Summit is committed to environmental and social responsibility, with a focus on accountable development and building respectful and beneficial relationships with Indigenous and local communities.
Further details are available at www.sunsummitminerals.com.
On behalf of the board of directors
Brian Lock
For further information, contact:
Sharyn Alexander
President
info@sunsummitminerals.com
Matthew Benedetto
Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226
Forward-Looking Information
Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, completing the Consolidation and acquiring the JD Project under the Option Agreement. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: risks inherent in exploration activities; the impact of exploration competition; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Sun Summit Minerals Corp.
Thesis Gold Drills 60.00 Metres of 4.53 g/t Gold, Including 19.00 Metres of 10.39 g/t Gold
https://www.newsfilecorp.com/release/196445
February 01, 2024 6:30 AM EST | Source: Thesis Gold Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF)
Enduro Metals Provides Corporate and Exploration Update
https://www.newsfilecorp.com/release/196476
February 01, 2024 7:30 AM EST | Source: Enduro Metals Corporation
Kelowna, British Columbia--(Newsfile Corp. - February 1, 2024) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMD) (FSE: SOG0) ("Enduro" or the "Company") is pleased to provide a corporate update and outline for its 2024 exploration plans.
Highlights:
Enduro's exploration program in 2024 will be planned with the view of attracting partners willing to commit capital to advance the Company's projects.
Drilling in 2024 will be focused on the McLymont Gold Project, building on the historic resource and testing new structural concepts developed during 2023.
At Burgundy Ridge, the Company aims to increase the surface footprint of the system and delineate new drill targets.
At North Toe, the Company will be seeking to work up drill targets for future drilling and expand the footprint of the system to the southwest in an area known as Big Toe.
Cole Evans, CEO commented:
"2023 was ultimately a disappointing year for Enduro. We were not able to convert the letter of intent with the major mining company announced in August into a definitive agreement. As a result, we conducted a smaller exploration program than we were planning. We are determined to protect shareholder value by ensuring that shareholders retain meaningful exposure to the upside potential of this extraordinary property position. At 688km2, the property remains one of the largest held by a junior mining company in the Golden Triangle, and our understanding of the Copper Line has advanced significantly. We are seeing a high level of interest among the major mining companies who want to secure a stake in the Golden Triangle. The region is quickly emerging as an important global mining destination.
"Our strategy in 2024 is focused on restoring value for our shareholders. Given current market conditions, we will be seeking to partner on the key targets that we have identified to date, particularly copper-gold porphyry targets such as North Toe, Burgundy, and Chachi. These targets have the potential scale to attract the attention of major mining companies who are best placed to fund the drilling required to advance them.
"Enduro's exploration plans in 2024 will be two-pronged. Early season grassroots work will be focused on target generation across our multiple project areas, while more advanced structural analysis, data interpretation, and geochemical/geophysical analysis will focus on the McLymont Fault. Early structural interpretations, combined with a discovery by our neighbours, Seabridge, further southwest along the McLymont Fault, suggest strong similarities to the KSM / Brucejack district approximately 40km southeast.
"I am grateful for the support of Rob McEwen in backing this strategy as a cornerstone investor in the recently announced financing which will fund these exploration efforts."
Review of 2023 Exploration Season
Copper-Gold Porphyry Targets
2023 saw significant advances in the Company's understanding of the copper-gold porphyry potential at the Newmont Lake Property, particularly at Burgundy Ridge and North Toe, and the development of the Copper Line concept.
At Burgundy Ridge, the Company's most advanced copper-gold porphyry target, Enduro achieved an important milestone through the development of the inaugural geological model (see Enduro News Release May 24th, 2023). The insights from this work will be invaluable in laying the foundation for future exploration and drilling activities at Burgundy Ridge and along the Copper Line.
At North Toe, the Company undertook a detailed mapping campaign that covered an area of approximately 1.8km2, collected and analysed rock samples, and expanded the area of drone magnetic surveying (see Enduro News Release November 29th, 2023). While further work is required before North Toe is considered drill-ready, the Company is excited about the potential of the prospect and notes that it is attracting the attention of major mining companies.
At Chachi, the Company completed a small field mapping and prospecting program to advance our understanding of the southern part of the target. Significantly, mineralized intrusions coincident with an approximate 2km x 2km magnetic geophysical feature were identified. Chachi is an area identified by the Company in 2019 as a 10km x 4km multi-element hydrothermal system, that was previously undiscovered (see Enduro News Release September 15th, 2020).
The McLymont Gold Project
At McLymont, the Company's focus was on understanding the structural controls governing mineralization encountered in the historic drilling through mapping and analysis of orientated drill core. As a result of this work, the Company has developed a new structural concept to test. If validated, it has the potential to unlock the McLymont Gold Project and may allow the Company to develop a significant high-grade gold resource.
2024 Exploration Strategy
Given current market conditions, the Company plans to adopt a prudent, two-prong approach to exploration in 2024.
On the copper-gold porphyry prospects, early season work will be focused on target refinement with the objective of attracting partners willing to commit capital to advance the Company's exploration targets.
On the McLymont Gold Project, the Company will look to advance its structural understanding of gold mineralization associated with the McLymont Fault. Building on work undertaken during 2023, a drill program will be designed to test newly developed structural concepts. The Company's interpretation of historic data, taken in conjunction with drill results released by Seabridge Gold on its Snip North project which lies southwest along the same fault line, indicate noteworthy parallels to the KSM/Brucejack district approximately 40km southeast.
The McLymont Gold Project
Figure 1: Plan view map of The McLymont Gold Project with gold geochemistry in soils.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6406/196476_da47fc3f949c0842_002full.jpg
The known, high-grade gold mineralization at McLymont is related to the district scale McLymont Fault, which continues to the south of the Newmont Lake Property. The importance of this structure was demonstrated recently with the newly discovered mineralization encountered by Seabridge Gold at its Snip North property (see Seabridge press release dated December 14th, 2023) and the historic Snip Mine where Cominco mined approximately 1moz at a grade of 27.5g/t Au during the 1990s. Enduro controls over 25km of this high-grade, gold hosting structure.
Copper-Gold Porphyry Targets
At Burgundy Ridge, the Company has successfully demonstrated through its diamond drill program the presence of a silica-undersaturated alkalic porphyry system, coeval to Galore Creek. Having completed a geological model in 2023 following an extensive core relogging campaign, the Company is beginning to understand the factors driving mineralization at Burgundy Ridge, and the underlying geological processes that have led to the formation of this system. The near-term focus will be on increasing the surface footprint of the system and delineating new drill targets. Analysis of recent satellite imagery has indicated a newly exposed area due to glacial recession located to the west of Burgundy Ridge that will be followed up with a surface sampling program.
At North Toe, the Company will continue to collect data and work up targets in preparation for drilling. In addition, the Company will look to expand the footprint of the system to the southwest to an area known as Big Toe. Similar to North Toe, Big Toe is situated along the Copper Line and has experienced glacial retreat in recent times that has exposed a large alteration anomaly indicative of a copper-gold porphyry system.
Figure 2: Satellite imagery of the North Toe and Big Toe areas of interest.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6406/196476_da47fc3f949c0842_003full.jpg
At Chachi, the Company will continue to build on work completed during 2023 by undertaking further grassroots exploration initiatives to identify mineralized outcrops and intrusions.
Private Placement
The Company also announces that it is extending the closing of its previously announced non-brokered private placement of units (each, a "Unit") at a price of $0.40 per Unit (the "Offering") to March 1st, 2024. For more information on the Offering please see the Company's press release dated December 14, 2023. The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.
About Enduro Metals
Enduro Metals is an exploration company focused on its Newmont Lake Project; a total 688km2 property located between Eskay Creek, Snip, and Galore Creek within the heart of British Columbia's Golden Triangle. Building on prior results, the Company's geological team have outlined multiple deposit environments of interest across the Newmont Lake Project including high-grade epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy, newly discovered copper-gold porphyry mineralization at North Toe, and a large 10km x 4km geochemical anomaly hosting various gold, silver, copper, zinc, nickel, cobalt, and lead mineralization along the newly discovered Chachi Corridor.
On Behalf of the Board of Directors,
ENDURO METALS CORPORATION
"Cole Evans"
Chief Executive Officer
For further information please contact:
Ali Wasiliew - Manager of Communications
Tel: + (236) 420-4050
Email: wasiliew@endurometals.com
Email: info@endurometals.com
https://www.endurometals.com
As a continued effort to keep investors, interested parties and stakeholders updated, we have several communication initiatives. If you have any questions online (Twitter, Facebook, LinkedIn, or Instagram) feel free to send direct messages or a post and include the hashtag #askENDR.
Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Enduro's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Although Enduro believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Enduro Metals Corporation
Sun Summit Defines High Priority Au-Ag Targets at the Finn Zone, JD Project in the Toodoggone District, North-Central B.C.
https://www.newsfilecorp.com/release/196403
February 01, 2024 7:00 AM EST | Source: Sun Summit Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF)
Teuton Resources//Tudor Gold/American Creek: High-Grade Gold Breccia System Located at the Goldstorm Deposit, Treaty Creek Project, Golden Triangle, British Columbia
http://teuton.com/high-grade-gold-breccia-system-located-at-the-goldstorm-deposit-treaty-creek-project-golden-triangle-british-columbia/
Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (“TUO”-TSX-V) (“TFE”- Frankfurt) has received an update on the recent identification of a high-grade gold system within the Goldstorm Deposit and a brief overview of the successful expansion of the Goldstorm Domains from Tudor Gold’s 2023 drill program (the “Program”) at the Treaty Creek Project, located in the heart of the Golden Triangle of Northwestern British Columbia. Tudor Gold is the Operator of the Treaty Creek Joint venture in which Teuton Resources holds a 20% carried interest (carried until a production decision) as well as a 0.98% net smelter royalty in the Goldstorm Deposit.
Ken Konkin, President and CEO of Tudor Gold commented: “We are extremely pleased to announce that we have delineated a high-grade gold system associated with a quartz-dominant veinlet and stringer stockwork system, named Supercell One (SC-1). This represents a significant economic target within the CS-600 domain. Our current Mineral Resource Estimate (MRE) caps gold equivalent (AuEq) grades at 8.0 g/t AuEq and therefore does not include these higher grades. Our current concept is that the SC-1 system, like the higher-grade R-66 domain, may represent a late-stage gold-dominant event that, in part, over prints the primary mineralization of the Goldstorm Deposit. This is significant, as these smaller, higher-grade systems have the potential to streamline start-up plans, allowing for rapid extraction of gold with the possibility of substantially lower capital expenditures compared to a much larger conceptual bulk tonnage operation.
Additionally, our technical team has completed the geologic modelling and domain delineation with the incorporation of the 2023 drilling data. Updated mineral domains show significant expansion of the Goldstorm Deposit in several areas [see URL at the end of this release for plan maps and cross sections of the SC-1 and the expanded domains]. These maps indicate how the drilling conducted in 2023 has the potential to convert several areas of the deposit from Inferred Mineral Resources to Indicated Mineral Resources. Despite the aggressive exploration and expansion of the Goldstorm Deposit, it remains open in all directions and at depth. The Company is currently in the process of updating the MRE for the Goldstorm Deposit and is expected to release the updated MRE within Q1 of 2024.”
Supercell One (SC-1) Characteristics and Intercepts
Minor pyrite and chalcopyrite are observed with fine-grained visible native gold within the newly crowned SC-1 system, which is contained within the CS-600 Domain. Three drill holes are interpreted to have intersected this structural corridor that contains significant quartz-sulphide breccia. Two of the three holes were completed late during the 2023 exploration campaign while the discovery hole, GS-22-134 (20.86 g/t AuEq over 4.5 m within a 25.5 m zone of 9.96 AuEq), was completed during the 2022 drilling campaign. Drill hole GS-23-176-W1 (15.64 g/t AuEq over 15.0 m) was designed as an offset step-out hole to the impressive gold intercept obtained within GS-22-134. With the third drill hole, GS-23-179 (10.07 g/t AuEq over 12.0 m), a northeast step-out, our technical crews were able to validate the SC-1 system, tracing SC-1 up-dip from GS-22-134 and GS-23-176-W1. To date, the high-grade gold-bearing, breccia stockwork system measures approximately 400 m down plunge and over 300 m along a northeastern axis. The true width of the mineralized structure is currently unknown.
Drill-hole highlights from SC-1 include the following intercepts:
GS-22-134: 25.5 m of 9.96 g/t AuEq (9.66 g/t Au, 1.23 g/t Ag, 0.24 % Cu)
GS-23-176-W1: 15.0 m of 15.64 g/t AuEq (14.89 g/t Au, 4.72 g/t Ag, 0.60 % Cu)
GS-23-179: 12.0 m of 10.07 g/t AuEq (9.78 g/t Au, 1.35 g/t Ag, 0.23 % Cu)
Qualified Person
Mr. Ken Konkin, P. Geo., is the QP for Tudor Gold Corp. and has approved the technical information disclosed in a February 1, 2024 news release by Tudor Gold, which includes the same technical information contained within this release. D. Cremonese, P. Eng., is the Qualified Person for Teuton Resources Corp. (as President of the Company he is not independent of the Company). Mr. Cremonese has not personally verified the technical data taken verbatim from the Tudor Gold news release but he has no reason to doubt its accuracy.
QA/QC
Diamond drill core samples were prepared at MSA Labs’ Preparation Laboratory in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of Tudor Gold and the Company.
About Treaty Creek
Teuton was the original staker of the Treaty Creek property, host to the large Goldstorm deposit, assembling the core land position in 1985. It presently holds a 20% carried interest in the Treaty Creek Project (Tudor Gold is responsible for paying all exploration costs up until such time as a production decision is made and owns a 60% interest; American Creek Resources owns the remaining 20% interest, also carried). Additionally, Teuton owns a 0.98% Net Smelter Royalty in the Goldstorm deposit area as well as in the northern portion of the Perfectstorm zone; within the southern portion of the Perfectstorm zone, Teuton owns a 0.49% NSR with an option to increase that to 1.49% by paying $1 million to the current owner. It also owns numerous additional royalty interests within the Sulphurets Hydrothermal system on formerly 100%-owned properties such as the King Tut, Tuck, High North, Orion, Delta and Fairweather properties (King Tut and Tuck now owned by Newmont Mining; High North, Orion, Delta and Fairweather properties now owned by Goldstorm Metals).
The Treaty Creek Project contains the Goldstorm Deposit (a large gold-copper porphyry system) as well as several other mineralized zones. As disclosed in the March 2023 News Release, the Goldstorm Deposit has an Indicated Mineral Resource (as defined in NI 43-101) of 23.37 Moz of AuEq grading 1.13 g/t AuEq (18.75 Moz gold grading 0.91 g/t, 2.18 Blbs copper grading 0.15 %, 112.4 Moz silver grading 5.45 g/t) and an Inferred Mineral Resource (as defined in NI 43-101) of 7.35 Moz of AuEq grading 0.98 g/t AuEq (5.54 Moz gold grading 0.74 g/t, 0.85 Blb copper grading 0.16 %, 45.08 Moz silver grading 5.99 g/t), with a pit constrained cut-off of 0.5 g/t AuEq and an underground cut-off of 0.7 g/t AuEq. The Goldstorm Deposit has been categorized into three dominant mineral domains and several smaller mineral domains. The CS-600 domain largely consists of an intermediate intrusive stock and hosts the majority of the copper mineralization within the Goldstorm Deposit. CS-600 has an Indicated Mineral Resource of 9.86 Moz AuEq grading 1.10 g/t AuEq (6.22 Moz gold grading 0.70 g/t, 1.98 Blbs copper grading 0.32 %, 51.1 Moz silver grading 5.71 g/t) and an Inferred Mineral Resource of 3.71 Moz AuEq grading 1.19 g/t AuEq (2.32 Moz gold grading 0.75 g/t, 0.76 Blb copper grading 0.36 %, 18.71 Moz silver grading 6.01 g/t). The Goldstorm Deposit remains open in all directions and requires further exploration drilling to determine the size and extent of the deposit.
1 AuEq = Au g/t + (Ag g/t*0.0098765) + (Cu ppm*0.0001185)
About Teuton
Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwest British Columbia and was one of the first companies to adopt what has since become known as the “prospect generator” model. This model minimizes share equity dilution while at the same time maximizing opportunity. Earnings provided from option payments received, both in cash and in shares of the optionee companies over the past 7 years, has provided Teuton with substantial income.
Plans Maps/Cross-Sections:
URL: https://wp-tudorgold-2023.s3.ca-central-1.amazonaws.com/wp-content/uploads/2024/02/2024-02-01_PR_DDH_SECTIONS-SC-1-MAPS.pdf
On Behalf of the Board of Directors of Teuton Resources:
“Dino Cremonese, P.Eng.”
Dino Cremonese, P. Eng.,
President and Chief Executive Officer
For further information, please visit the Company’s website at www.teuton.com or contact:
Barry Holmes
Director Corporate Development and Communications
Tel. 778-430-5680
Email: bholmesmba@gmail.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements regarding Forward-Looking information
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.
All statements relating to future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
SCOTTIE RESOURCES INTERCEPTS 6.89 G/T GOLD OVER 5.8 METRES AT SCOTTIE GOLD MINE P-ZONE TARGET
https://www.prnewswire.com/news-releases/scottie-resources-intercepts-6-89-gt-gold-over-5-8-metres-at-scottie-gold-mine-p-zone-target-302050339.html
Scottie Resources Corp. 01 Feb, 2024, 07:30 ET
VANCOUVER, BC, Feb. 1, 2024 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT)
Sun Summit Obtains Conditional TSX Venture Exchange Approval for Option to Acquire JD Project
https://www.newsfilecorp.com/release/196000
January 29, 2024 7:00 AM EST | Source: Sun Summit Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2024) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) (the "Company" or "Sun Summit") is pleased to announce, further to the Company's news releases dated November 9, 2023, and January 9, 2024, that it has obtained conditional TSX Venture Exchange (the "Exchange") approval for the Company's option agreement (the "Option Agreement") with Victor F. Erickson, V.F. Erickson Consultants Limited and T. Cameron Scott, arm's length parties to the Company, to acquire a 100% interest in the JD Project in the Toodoggone gold-copper district in north-central British Columbia. For further details regarding the Option Agreement, see the Company's press release dated January 9, 2024. Further to the Company's press release dated January 9, 2024, the Company has determined that there will be no finder's fee payable pertaining to efforts in arranging the Company's option to acquire a 100% interest in the JD Project. The Option Agreement is subject to the final approval of the Exchange.
In connection with the Option Agreement, Sun Summit intends to consolidate its outstanding common shares on the basis of one post-consolidation common share for every three pre-consolidation common shares, as described in the Company's news release dated November 9, 2023 (the "Consolidation"). The new CUSIP for the Company's common shares will be 86687V704 and the new ISIN will be CA86687V7043. The Company is not changing its name or stock symbol. The Company will announce the effective date of the Consolidation by way of a future news release. The Consolidation is subject to the approval of the Exchange, but is not subject to the approval by the Company's shareholders.
Shareholders with physical certificates will receive a letter of transmittal from Computershare Trust Company of Canada, the Company's transfer agent, in connection with the Consolidation. All registered shareholders will be required to send their certificate(s) representing pre-Consolidation shares, along with a properly executed letter of transmittal, to the Company's transfer agent, in accordance with the instructions provided in the letter of transmittal. Shareholders who hold their shares through a broker, investment dealer, bank or trust company should contact that nominee or intermediary on the procedures for processing the Consolidation of their shares, and for determining their post-Consolidation positions.
About Sun Summit
Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on expansion and discovery of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the Buck Project in central B.C, and the JD Project in the Toodoggone region of north-central B.C.
Sun Summit is committed to environmental and social responsibility, with a focus on accountable development and building respectful and beneficial relationships with Indigenous and local communities.
Further details are available at www.sunsummitminerals.com.
On behalf of the board of directors
Brian Lock
For further information, contact:
Sharyn Alexander
President
info@sunsummitminerals.com
Matthew Benedetto
Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226
Forward-Looking Information
Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, obtaining regulatory approval for the Consolidation and the acquisition of the option for the JD project, and completing the Consolidation and the acquisition of the option for the JD Project under the Option Agreement. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: risks related to regulatory approval; risks inherent in exploration activities; the impact of exploration competition; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Sun Summit Minerals Corp.
Torr Metals Announces Kolos Project Preliminary Soils Reveal 3 km Trend to Untested Copper-Gold Anomalies Along Highway 5
January 31, 2024 12:29 PM EST | Source: Torr Metals Inc.
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Torr Metals Inc. (TSXV: TMET) ("Torr" or the "Company") is pleased to announce preliminary assay results from 896 of a total 3348 soil samples collected during the 2023 field program on the 100% owned 140 km2 Kolos Copper-Gold Project, located adjacent to Highway 5 and 23 kilometers (km) north-northeast of the city of Merritt, British Columbia.
The initial results are derived from soil samples specifically gathered to explore potential extensions to mineralization observed in limited exposures of outcrop. Soil results yielded up to 723 parts per million (ppm) copper (Cu) and 474 parts per billion (ppb) gold (Au) within two newly identified envelopes of >200 ppm Cu that highlight significant large-scale mineralization measuring 1300 metres (m) by 750 m and 950 m by 550 m at the Lodi and Kirby Zones, respectively (Figure 1).
Zones of anomalous copper and gold at Kolos occur across a 3 km trend, coinciding with a 6 km north-south trending magnetic high anomaly that is typically associated with major porphyry deposits elsewhere within the region.
Highlights include:
Outcropping Mineralization within Kilometre-Scale Soil Anomalies: 2023 soil sampling has confirmed robust copper-gold mineralization aligning with exposures of mineralized outcrop, where select historical rock grab sampling yielded 4.42 grams per tonne (g/t) Au, 0.52% Cu, and 11.3 g/t silver (Ag) at the Kirby occurrence and (see November 16, 2023 news release).
Highly Anomalous Copper-Gold with Additional Assays Pending: Of the 896 soil samples analyzed, 394 showed highly anomalous concentrations exceeding 50 ppm Cu, with 129 surpassing 100 ppm Cu, and 27 samples registering over 200 ppm Cu; additionally, 37 soil samples exhibited values greater than 20 ppb Au (Figure 1). Pending assays for 2,452 soil samples will further assess the expansion potential of the Lodi and Kirby Zones, along with four additional exploration targets to the north.
District-Scale with Untested New Discovery Potential: The Kolos Project comprises six road-accessible copper-gold-molybdenum occurrences (Kirby, Lodi, Ace, Rea, Helmer, Clapperton) that remain untouched by drilling. The forthcoming results from the completed 2023 surface geochemical field program combined with an extensive property-wide ZTEM survey will pinpoint specific targets for future potential drilling.
Strategic Location within Major Porphyry Belt: The Project occupies a pivotal position within one of the most productive porphyry belts in British Columbia and showcases comparable Late Triassic calc-alkaline and alkaline intrusions that have given rise to major deposits and long-life mines in the region. With its strategic location, Kolos emerges as a prime contender for major new discovery potential within a similar geological setting to surrounding deposits including Highland Valley (30 km to the northwest), New Afton (30 km to the north), and Copper Mountain (106 km to the south).
Malcolm Dorsey, President and CEO, commented, "Our findings not only highlight key locations of interest at Kirby and Lodi but also underscore the unprecedented nature of our initial 2023 results, revealing a 3 km trend of anomalous copper and gold that has previously not been defined in this area. Alongside its advantageous location next to a highway, this discovery positions Torr as a significant new player in the Quesnel Trough, one of British Columbia's most productive porphyry belts. We eagerly await the remaining geochemical assays and ZTEM data, anticipating that they will unveil additional exploration opportunities by assessing both the expansion potential of existing targets and new areas across the project."
Figure 1. Preliminary soil sample results and annotated target locations on the Kolos Copper-Gold Project, highlighting zones of anomalous copper in soil (>200 ppm) overlying a regional RMI-VD geophysical survey.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6794/196365_ea07356a54bbd9d4_001full.jpg
2023 Exploration Program
The 2023 Kolos exploration initiative involved the meticulous collection of 3348 soil samples, strategically spaced at 50 m intervals, with 100 m line-spacing dedicated to known historic mineral occurrences. A further 300 m reconnaissance line spacing covered the remaining grid area spanning approximately 48 km2 (Figure 1). The pending assays for 2452 soil samples and 47 rock samples hold the promise of unveiling new discoveries. Moreover, a Z-Tipper Axis Electromagnetic (ZTEM) airborne geophysical survey has been carried out across the extensive 140 km2 Project area. After final processing, Torr's technical team is set to interpret the data which will paving the way for identifying future exploration upside.
Torr is currently in the process of obtaining a drill permit for the Kolos Project.
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 and ISO 9001:2015 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples. At ALS the "B" horizon soil samples underwent screening to 180 microns under the ALS code PREP-41. The samples were digested using Aqua Regia and analyzed via ICP-MS and ICP-AES using a 25g sample aliquot under the ALS code AuME-TL43. The Company follows industry standard procedures for the work carried out on the Kolos Project. Due to the reconnaissance nature of the soil sampling the Company relied on the internal quality assurance quality control ("QA/QC") measures of ALS. Torr Metals detected no significant QA/QC issues during review of the data.
Qualified Person
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a consultant to the Company who is a qualified person defined under National Instrument 43-101.
About Torr Metals
Torr Metals is a Vancouver based mineral exploration company focused on defining and developing the substantial exploration potential of its 100% owned portfolio of district-scale gold and copper projects; including the ~261 km2 Filion Gold Project in northern Ontario, ~140 km2 Kolos Copper-Gold Project in south-central British Columbia, and ~689 km2 Latham Copper-Gold Project which includes the Gnat Pass deposit in northern British Columbia. All projects are located in prolific mining regions with substantial infrastructure and favourable geology for significant new discovery potential. For further details please refer to the Company's website or geological Technical Reports (August 24, 2021) filed on November 25, 2021 under the Company's profile on SEDAR at www.sedar.com.
On behalf of the Board of Directors
Torr Metals Inc.
"Malcolm Dorsey"
Malcolm Dorsey
President, CEO and Director
For further information:
Malcolm Dorsey
Telephone: 236-982-4300
Email: malcolmd@torrmetals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis which is available on the Company's profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE: Torr Metals Inc.
Bathurst Metals Announces The Start Of Drilling And New Financing
https://thenewswire.com/press-releases/1ArbF8zD6-bathurst-metals-announces-the-start-of-drilling-and-new-financing.html
Vancouver, B.C. -- TheNewswire -- January 31, 2024 – Bathurst Metals Corp. (“Bathurst” or the “Company”) (TSXV:BMV) (OTC:BMVVF) is pleased to announce it has been granted a five-year drill permit for the company’s Peerless Property in southwest British Columbia.
The company will launch its first drill project on the Peerless Property in early February 2024, targeting gold mineralization in the Beta Zone. Three (3) drill holes are planned for 600m. The Beta Zone is an area of historical exploration that discovered a blind zone of high-grade gold mineralization in 1987. The 1987 drill program intercepted several gold occurrences with the best results of 1.02 oz/tonne over 15 ft, including 1.87 oz/tonne over 5 ft. No other test drilling has occurred since 1987, and the mineralization encountered remains open along strike and at depth.
Based on historical data, the geological setting of the Beta Zone consists of mafic volcanics, volcaniclastics, and ultramafic intrusive rocks. The majority of the ultramafics show listwanite alteration. The term listwanite describes a mineralogical assemblage resulting from the carbonatization of serpentinized ultramafic rocks and represents a distinctive alteration suite commonly associated with quartz-carbonate lode gold deposits in BC and around the world.
The mineralization in the Beta Zone appears to be concentrated along a northeast-trending, moderately northwest dipping thrust fault that is crosscut by a brittle-ductile east-west trending 50m wide structural panel dipping steeply to the south. Listwanite lode gold deposits typically exploit zones of structural weakness along faults.
Observed mineralization consists of pyrite, arsenopyrite, galena, sphalerite and chalcopyrite. Higher gold and silver concentrations have a strong positive correlation with arsenopyrite, which is mainly hosted in quartz-carbonate veins and micro veins.
Financing
The Company also announces a non-brokered private placement financing of up to 4,000,000 units (the “Units”) of securities at a price of $0.08 per Unit for aggregate gross proceeds of up to $320,000. Each Unit will be comprised of one common share and one non-transferable share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of $0.15 per Warrant Share for a period of one (1) year.
The net proceeds of the Offering will be used as working capital, including agent’s commissions and administrative expenses.
The shares are subject to the approval of the TSX Venture Exchange. All Shares issued will be subject to a four-month and one-day hold period, which will expire on the date that is four months and one day from the date of issue.
The Company completed the second tranche of its previously announced private placement of flow-through units. The Company issued 800,000 flow-through units at a price of $0.10 per FT unit for gross proceeds of $80,000. Each FT Unit consists of one (1) common share and one-half (1/2) of one common share purchase warrant, with each whole share purchase warrant entitling the holder, on exercise, to purchase an additional common share of the Company at a price of $0.20 per share for a period of one year from closing. The securities are subject to a four-month hold period.
Incentive Stock Options
The Company has also granted a total of 450,000 incentive stock options to consultants and contractors. The options are for a ten-year term at an exercise price of $0.10 per option share.
.
On behalf of the Board of Directors
“Harold Forzley”
CEO
Bathurst Metals Corp.
For more information, contact Harold Forzley, Chief Executive Officer
info@Bathurstmetalscorp.com
604-783-4273
Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Bathurst Metals Corp.
Bathurst Metals Corp. is an exploration-stage company engaged in the acquisition, exploration, and development of mineral properties in Nunavut and British Columbia, Canada. The Company holds a 100% interest in the Turner Lake, TED, McGregor Lake, Speers Lake, Gela Lake and McAvoy Lake Projects in Nunavut and the Peerless Property, a gold /silver prospect in the historic Bralorne Camp in British Columbia.
Taranis Details Alteration Around the Thor Epithermal Deposit, Notes Possible Link to Larger Intrusive Target
https://www.accesswire.com/829026/taranis-details-alteration-around-the-thor-epithermal-deposit-notes-possible-link-to-larger-intrusive-target
Monday, 29 January 2024 13:30
ESTES PARK, CO / ACCESSWIRE / January 29, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) is discussing findings of 2023 exploration activity at Thor. These insights are discussed in relation to an airborne geophysical survey that was undertaken in 2022. Alteration of rocks (be they volcanic or sedimentary) around an ore deposit is an important part of mineral exploration because it can be used to vector drilling towards important new discoveries of Mineral Resources.
Background
Expert Geophysics completed an airborne magnetic and magnetotelluric ("MT") survey over the Thor property in the summer of 2022. During the summer of 2023, the Company undertook drilling and other studies on the property that would enable more accurate interpretations of the MT survey, thereby maximizing the potential of scheduled deep exploration drilling at Thor.
Kilometer-Scale ‘Barren' Pyrite Shell Around the Thor Epithermal Deposit
An exploration drill hole (Thor-240, 161.93m) was completed in 2023 to test an Expert Geophysics apparent conductivity ("AC") anomaly located at the north end of the Thunder Zone. This is the smallest of three AC anomalies found on the Thor project, and there was no prior explanation for the presence of the geophysical features. This area was surveyed in 2023 with a ground based Very Low Frequency ("VLF") survey. The results showed the source of the airborne AC anomaly was well below the depth of evaluation with the ground-based VLF survey. Thor-240 was examined using ultra-trace element geochemistry. The results of this work show extensive pyritization of the metasedimentary rocks which increases downhole. Quantitative data (Sulphur analyses) show that the drill hole progresses from about 2% pyrite at the top, to as much as 6% in the bottom of the drill hole. Thor-240 shows increasing levels of gold, copper, and potassium content, coupled with decreasing levels of sodium and calcium content. These all indicate broad-scale hydrothermal alteration increasing at depth. This area is underlain by a feature called the North Tusk that is a deep conductivity feature that is most likely an alteration zone peripheral to a buried intrusive body.
In brief, drill hole Thor-240 conclusively shows that the AC anomalies at Thor are mapping deep-seated pyritic zones. These pyrite zones are aligned in a northwest fashion and are controlled by the Silver Cup Anticline. The three AC anomalies can be reconstructed into a single body knowing the displacement along the Thor Fault Zone. The pyrite shell had to have been formed at the onset of epithermal activity, and the epithermal deposit now primarily occurs in that fault that dismembered the pyrite shell. Extensive ‘barren' pyrite mineralization is commonly found over the top of epithermal deposits and intrusive-related mineralization, as well as overlying large intrusive-hosted deposits.
Carbon Zonation and Conductivity
Taranis also completed a study of carbon geochemistry around the Thor epithermal deposit within the metasedimentary rocks of the Broadview and Sharon Creek Formations. Both of these sedimentary units are characterized by the presence of carbon-bearing material in minor quantities (1-2% by weight). The carbon-bearing material consists of both organic and inorganic carbon.
Many of Nevada's giant sediment hosted epithermal gold deposits occur in sedimentary rocks that are hydrocarbon-bearing, and Thor has similarities. It was conclusively demonstrated that there is broad-scale geochemical carbon alteration zonation around the Thor epithermal deposit. Further outboard of the deposit, the amount of organic carbon increases relative to inorganic carbon. It seems this is due to the primary organic carbon in the sedimentary rocks being heated by the epithermal deposit and converted from organic carbon to inorganic carbon.
Data was collected that would allow comparison of the carbon content to the conductivity portion of the airborne MT survey. Thousands of conductivity measurements were undertaken on drill cores and surface samples to ascertain if the increase in conductivity in the rocks could be related to increased inorganic carbon content.
While the results proved inconclusive regarding direct correlation of conductivity highs with high levels of inorganic carbon, virtually all of the rocks that had elevated conductivity were associated with the presence of carbonate (siderite or ankerite). Carbon-oxygen isotope analysis of d13C ‰ vs VPDB vs d18O ‰ vs VSMOW in the carbonate minerals both within the epithermal deposit and peripheral to it show that the carbonate is related to a magmatic source, and is not sedimentary in origin, making the presence of iron and magnesium-bearing carbonates an important marker of hydrothermal alteration at Thor.
This unexpected finding lends insight to the origin of the deep-seated (600m depth) conductivity tusks found in the Expert Geophysics survey that ring an elongated resistivity feature. The conductivity feature is interpreted to be a large conductive doughnut of igneous-derived siderite/ankerite emplaced around the apex of a deep-seated, resistive intrusive body. Although drill hole Thor-240 was not of sufficient depth to directly test the conductive anomaly and requires a much larger drill rig, analysis of Thor-240 shows pyrite, gold and copper values increasing as the target is approached. An ideal way to explore this feature is to directly drill the conductive feature, and follow it back into the central resistive core that may be intrusive-related.
Major Oxide Analysis and X-Ray Diffraction Study
Taranis also undertook a study of drill holes and surface studies on rock and minerals around the Thor deposit. Although most of the host rocks at Thor are metasedimentary, this study was aimed at finding signs of metasomatism associated with a large underlying intrusive body. The metasedimentary rocks at Thor are sodium-rich and characterized by the presence of albite and paragonite. There is one major exception, and these are enigmatic rocks of what is commonly referred to as the "Jowett Formation". These rocks are enriched in potassium, and may be associated with a prominent magnetic body located below the main Thor epithermal deposit. It is entirely possible that it may not just be a volcanic unit, but also an alteration-related environment associated with a concealed intrusive body. Where exposed in Broadview Creek, this rock unit is characterized by magnetite, orthoclase and mafic minerals such as chlorite and hornblende. Deep drilling is warranted to find out exactly what this unit is, and it is an important target in the Notice of Work ("NoW") permit application that is currently outstanding.
Conclusions
State of the art exploration at Thor has shown that the epithermal deposit may lie on top of a much larger intrusive body, and the deposit is characterized by km-scale hydrothermal alteration. Some of this alteration (carbon) is remarkably similar to what is seen around large sediment-hosted deposits in Nevada. While the epithermal deposit at Thor is a substantive mineral deposit in itself, the linked epithermal-intrusive geological model suggests that there is a much larger underlying source to the epithermal deposit. The presence of intrusive-related mineralization below the deposit is a world-class target that warrants deep drilling. Further, the target has been corroborated by a number of methods including geophysics, geology and geochemistry. Taranis has been waiting over one and one-half years since submittal of the NoW permit application to test these critical mineral targets, yet the Company has seen no progress on receiving a decision on the permit application.
Qualified Person
Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is a principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256.
For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com
Taranis currently has 94,587,027 shares issued and outstanding (109,262,027 shares on a fully-diluted basis).
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geo.), President and CEO
For further information contact:
John J. Gardiner
681 Conifer Lane
Estes Park, Colorado 80517
Phone: (303) 716-5922 Cell: (720) 209-3049 johnjgardiner@earthlink.net
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.
SOURCE: Taranis Resources, Inc.
First Tellurium Receives Assays from 2023 Exploration Campaign
Data from IP work, sampling and drilling being compiled and interpreted.
https://thenewswire.com/press-releases/1AqRFE1r7-first-tellurium-receives-assays-from-2023-exploration-campaign.html
Vancouver, BC, Canada – TheNewswire -- January 29, 2024 – First Tellurium Corp. (CSE:FTEL) (OTC:FSTTF), reports that it has received all assay results and data from the Company’s 2023 exploration programs at the Deer Horn polymetallic property in west-central British Columbia. Exploration concluded October 31, as per the 2023 permit. Technical Advisor and Qualified Person Dr. Lee Groat is currently compiling and interpreting the data, and the Company expects to publish results sometime in February 2024.
The results will include assays and interpretation from the property-wide mapping and sampling program conducted during the summer, a program that encountered significant amounts of the porphyry indicator bornite and identified further copper-gold porphyry alteration. Dr. Groat’s report will also include analysis of the Induced Polarization (IP) geophysical survey conducted in September and the limited drilling that was delayed until October. This program followed up on rock sampling, channel sampling and prospecting conducted in 2022, as well as the August mapping/sampling.
“I appreciate our shareholders’ patience as we have all awaited the results,” said First Tellurium President and CEO. “We were hindered primarily by long delays at the assay lab, which was an issue beyond our control. I look forward to announcing results and other details next month.”
First Tellurium also announces that it has entered into a marketing and consulting agreement (the “Agreement”) with Lakefront Enterprises Inc. (“Lakefront”). Under the Agreement, Lakefront will provide SEO/PPC, email and SMS awareness, web development, media buying and distribution. Located in Vancouver, British Columbia, Lakefront has been retained on a one-month term at a monthly fee of C$65,000 for its services. After the initial one-month period, either party may terminate the Agreement at any time by providing the other party with 30 days’ prior written notice. Lakefront is not a related party and is arm’s length to the Company. Lakefront currently does not own any shares in the Company and as such does not have an interest in the price of the securities of the Company.
About First Tellurium Corp.
First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration.
Our Klondike tellurium-gold property in Colorado and polymetallic Deer Horn Project in British Columbia anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration—generating revenue by exploring responsibly and leveraging diverse partnerships.
First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent. First Tellurium is listed on the Canadian Stock Exchange under the symbol “FTEL” and on the OTC under the symbol “FSTTF”. Further information about FTEL and its projects can be found on www.firsttellurium.com.
On behalf of the board of directors of
First Tellurium Corp.
“Tyrone Docherty”
Tyrone Docherty
President and CEO
For further information please contact:
Tyrone Docherty
604.789.5653
tyrone@firsttellurium.com
Twitter:
https://twitter.com/TelluriumCorp
Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.
Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated event.
Golden Ridge Intersects 70.75 Meters of 1.05 g/t Au Including 16.45 Meters of 2.38 g/t at the Williams Gold Property
https://thenewswire.com/press-releases/1Bb4FXEQx-golden-ridge-intersects-70-75-meters-of-1-05-g-t-au-including-16-45-meters-of-2-38-g-t-at-the-williams-gold-property.html
Kelowna, British Columbia – TheNewswire - January 29, 2024 - Golden Ridge Resources Ltd. (“Golden Ridge” or “the Company”) (TSXV:GLDN
Stamper Oil & Gas First Assay Results Received: RED 23-03
https://www.newsfilecorp.com/release/195740
January 25, 2024 5:09 PM EST | Source: Stamper Oil & Gas Corp.
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2024) - Stamper Oil & Gas Corp. (TSXV: STMP) (FSE: TMP2
Goldstorm Metals Discovers Multiple High-Grade Precious and Base Metal Zones on the 100 % Owned Crown Project, Located in Northwestern British Columbia, Canada
https://www.newsfilecorp.com/release/195417
January 24, 2024 6:00 AM EST | Source: Goldstorm Metals Corp.
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2024) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U)
Teako Minerals Announces Strategic Pivot to Focus on Norway; Pausing Operations in British Columbia
https://www.newsfilecorp.com/release/194703
January 18, 2024 8:00 AM EST | Source: Teako Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") announces that following a recent Norwegian parliament meeting and the various developments in mineral exploration in Fennoscandia in recent years, the Company has decided to pause exploration efforts in British Columbia, to primarily concentrate on Norway, while also maintaining a minor focus on Finland. The majority of the Company's projects in British Columbia are in good standing for 2-3 years, allowing the Company the strategic flexibility to explore various alternatives, including the potential of partnering with other parties or selling the projects, as part of its ongoing commitment to maximizing shareholder value. Investors will be regularly informed of developments, ensuring transparency and continuous engagement with our valued stakeholders.
The primary targeted metals in Norway will be copper, cobalt, and base metals, as well as gold and rare earth minerals (or "REE"), while in Finland, the focus will be on gold.
The Rationale Behind the Pivot
Access to critical and battery metals is crucial to establishing a robust value chain in Europe and carrying out the green shift. Today, most of the battery metals, such as nickel, cobalt, and lithium, are produced outside Europe, often in countries with low ESG standards. The EU has introduced a goal that 10% of all critical minerals consumed in the EU in 2030 will need to be produced in the EU by 2030. This means that the production of battery metals within the EU must be dramatically increased to attain this goal.
Oil and gas have been the primary contributors to Norway's recent sovereign wealth. However, in alignment with the green shift and rising commodity prices, the mineral exploration industry and Government are keen on reviving the mining and exploration sector, which became dormant in the 1970s due to low commodity prices and the discovery of oil and gas. The bedrock in Norway is promising for discoveries of new occurrences of battery and critical metals with its rich history of mining copper, nickel, and cobalt. Only a handful of exploration companies have carried out systematic exploration since the late 1980s; however, multiple major mines are about to open/reopen very shortly, namely the REE mines of Engebø and Fensfelt, as well as the copper mine in Finnmark by Nussir.
Norway is currently also a world leader in renewable energy production, with an estimated 92% of the country's energy supply being derived from hydroelectric plants and a further 6% from wind energy and other renewable sources.
More recently, the Company was invited to attend and contribute to an event at the Norwegian Parliament held on January 16, 2024. The event focussed on sustainable exploration and extraction of critical metals, bringing together a diverse group of experts and industry leaders to discuss establishing Norway's pivotal role in the European battery and critical minerals supply chain.
The event surrounded a cross-political specialist seminar with representatives and advisors in the energy and environment committee, the finance committee, the industry committee, mining companies, politicians, and various organizations. The event was followed by a networking gathering where Teako and another Service Alliance partner, Kuniko Limited (KNI.ASX), and Norsk Bergindustri, met.
The Company would like to express its profound gratitude to the Norwegian Parliament for the opportunity to contribute to the discussions on the development of Norway's critical mineral infrastructure. We also sincerely thank Norsk Bergindustri and our Service Alliance partner, Kuniko Limited (ASX: KNI), for hosting the networking gathering.
Our main rationale for focusing on Norway as the primary jurisdiction is that the Company considered the following factors:
First-mover advantage in a jurisdiction with extensive mining history, poised for a resurgence in the industry.
Positive government support with various initiatives to strengthen the industry. The Norwegian mining law was reviewed and modernized last year to align with modern worldwide industry standards.
Benefit from zero work commitments when staking, offering greater operational flexibility.
Low staking costs and no landholding costs in the initial year enhance the financial feasibility of projects.
Vast amounts of historical geological data are stored publicly in an open-source database at the Geological Survey of Norway (or "NGU") and the Directorate of Mineral Management (or "DMF") where Companies in Norway are entitled to make their data publicly available.
Access to 800,000 meters of historic cores at the NGU.
Various innovation programs and critical metals initiatives in Norway and the European Union allow the opportunity for non-repayable financial support or grants.
Streamlined and efficient permitting processes. Extensive exploration, additional rights, and permissions are required from the DMF.
Geological features comparable to those found in Eastern Canada.
Availability of diverse mineralization types.
Comparable mineral wealth to that of Canada.
Untapped economic potential in mineral resources.
A nominal 0.5% (0.75% in Finnmark) royalty allocation to the landowner of staked properties.
The Company will maintain a minor focus on Finland, based on the following:-
Ranked as one of the best mining jurisdictions.
Access to good infrastructure.
Access to renewable energy.
The power grid covers the whole country.
Similar geology to Canada and Australia with strong mineral potential.
The Geological Survey of Finalnd (or "GTK") has an open-source database publicly available.
Finland hosts leading education, research, and development facilities.
The Finnish Government strongly supports research organizations and private companies in developing green and sustainable mining technologies.
Finland is politically and socially stable and ranked one of lowest-risk countries in the world.
Finland is consistently rated among the top countries for mining policy and its legislation.
On June 21, 2023, Norway's Minister of Trade and Industry, Jan Christian Vestre, presented the Norwegian Government's mineral strategy. The strategy has five focus areas that aim to ensure that the Norwegian mining industry will become more circular, that new mineral projects are implemented faster, that there is a more precise emphasis on climate, affected communities, and the environment, and that international partnerships are strengthened. Jan Vestre commented, "Metals and minerals are crucial if we are to implement the green and digital transitions, and this strategy is a springboard for developing the world's most sustainable mineral industry. In addition to abundant natural resources, Norway has world-class skills and technology which give us a huge potential to extract, refine, and recycle critical minerals. The Norwegian Government will work closely with the industry, parties in the labour market, environmental organisations and local communities to accelerate the pace of the mineral industry."
Furthermore, the European Commission has proposed a comprehensive set of actions to ensure the EU's access to a secure, diversified, affordable, and sustainable supply of critical raw materials in which Norway could play a pivotal role. The strategy concerning critical raw materials aims to bolster Europe's supply chains' self-reliance. Aligning with this directive, Norway is focused on fortifying collaborations with the EU and European nations to secure raw material accessibility and construct resilient value chains.
The major support from the Norwegian Government and the European Union (EU) as well as the promising geological nature of the jurisdiction are major reasons behind the Company's choice to primarily focus on Norway whilst Finland aligns seemingly with the Company's Scandinavian profile being a favorable mining jurisdiction and potential for world class discoveries in multiple commodities.
About Teako Minerals Corp.:
Teako Minerals Corp. is a Vancouver-based mineral exploration company committed to acquiring, exploring, and developing mineral properties in Norway & Finland exploring for copper, cobalt, base metals, and gold. The adoption of technologies such as the SCS Exploration Product aligns with its strategy to remain at the forefront of the rapidly evolving mining industry.
ON BEHALF OF TEAKO MINERALS CORP.
"Sven Gollan"
CEO
T: +43 5522 500429
Email: sven.gollan@teakominerals.com
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Teako. Forward-looking information is based on certain key expectations and assumptions made by the management of Teako. In some cases, you can identify forward-looking statements by the use of words such as "will," "may," "would," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "could" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include Although Teako believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Teako can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the mineral exploration industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Teako's interim Management's Discussion and Analysis dated October 31, 2023. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Not for dissemination in the United States or through U.S. newswires
SOURCE: Teako Minerals Corp.
PROSPECT RIDGE RESOURCES ANNOUNCES ADDITIONAL HIGH-GRADE RESULTS FROM THE COPPER RIDGE ZONE ON THE KNAUSS CREEK PROPERTY
https://www.prnewswire.com/news-releases/prospect-ridge-resources-announces-additional-high-grade-results-from-the-copper-ridge-zone-on-the-knauss-creek-property-302037957.html
Prospect Ridge Resources Corp. 18 Jan, 2024, 07:00 ET
VANCOUVER, BC, Jan. 18, 2024 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED
Freeport-McRoRan/Commander Intersect 140 m of 0.1% CuEq in Drilling at Burn Porphyry Copper Property, British Columbia
https://www.newsfilecorp.com/release/195011
January 19, 2024 8:00 PM EST | Source: Commander Resources Ltd.
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2024) - Commander Resources Ltd. (TSXV: CMD)
PJX Resources Discovers 5.57% Zinc Mineralization in Outcrop Above Recently Discovered Sullivan Style Massive Sulphide Boulders
Monday, 15 January 2024 06:00https://www.accesswire.com/824621/pjx-resources-discovers-557-zinc-mineralization-in-outcrop-above-recently-discovered-sullivan-style-massive-sulphide-boulders
TORONTO, ON / ACCESSWIRE / January 15, 2024 / PJX Resources Inc. ("PJX" or "the Company") is pleased to announce recently received results of significant zinc and lead mineralization in outcrop that further supports the potential to discover a Sullivan type deposit on the Company's Dewdney Trail Property in the Sullivan Mining District in southeastern British Columbia, Canada.
Two rock samples taken from outcrop, G23-699B and G23-699C below, returned values of 5.57% zinc, 0.94% (9450ppm) lead, 4.41g/t (4.41ppm) silver, and 4.72% zinc, 1.28% lead, 6.07g/t (6.07ppm) silver, respectively. The sediment hosted zinc and lead mineralization appears as bands or beds. (see photos of samples G23-669B and 669C). The bedrock exposures of mineralization occur upslope and north of semi-massive to massive sulphide boulders containing Sullivan deposit style and grade mineralization announced in the news release dated October 12, 2023 (see photo of discovery locations, and photos of some of the semi-massive to massive sulphide boulders, samples STM-23-7 and STM-23-8).
Semi-massive to massive sulphide boulders occur in talus at the base of the mountain slope. Outcrop with sediment hosted zinc-lead-silver mineralization occurs up-slope and to the north of the boulders' location. (photo looking northeast)
Deposit Potential
Significant sediment hosted zinc and lead mineralization found in outcrop greatly increases the probability that the boulders of Sullivan grade semi-massive to massive sulphide mineralization found at the base of the mountain slope are close to their source.
The semi massive to massive sulphide boulders are strongly magnetic with iron, zinc and lead sulphides. The mineralized samples from outcrop have predominantly zinc and lead sulphides and are only very weakly magnetic. This suggests that the two styles of mineralization represent separate zones or horizons that could be stacked above one another or lateral to each other, similar to mineralization at the Sullivan deposit.
The semi-massive to massive sulphide boulders are also different in appearance. For example, some are banded/bedded or fragmental in nature. Others are iron sulphide rich while others are more zinc sulphide rich. These differences in mineralization styles also suggest that the various strongly magnetic and higher grade mineralized boulders may be from distinct and separate stacked horizons.
The strongly magnetic semi-massive to massive sulphide boulders occur at the base of the mountain slope and on the edge of a large (about 500m diameter) strong magnetic geophysical anomaly (pink to red coulours on the airborne magnetic map) that occurs upslope from the boulders.
Zinc-lead-silver sulphide mineralization in outcrop is only very weakly magnetic. This supports the potential for a vertically or laterally zoned deposit with varying magnetic signatures. The outcrop mineralization appears to be associated with a less magnetic trend (orange to red coulours) in the airborne geophysics survey that occurs for possibly 1.6 km along strike (see airborne magnetic map below).
Airborne Magnetic Map
John Keating, President of PJX commented: "Discovering Sullivan deposit style and grade mineralization in boulders that we announced in October was exciting. Now having discovered sediment hosted zinc-lead-silver mineralization in place, in outcrop, up-slope from the boulders is even more encouraging. Mineralization, geology, and geophysics all support the potential to discover a Sullivan type deposit. The next step will be to drill to explore for size and grade potential. Work is underway to do this when permit amendments are received and the snow melts."
Qualified Persons
The geological disclosure and content of this news release has been reviewed and approved by John Keating P.Geo. (qualified persons for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects). Mr. Keating is the President, Chief Executive Officer and a Director of PJX.
About PJX Resources Inc.
PJX is a mineral exploration company focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold, silver, and critical metals including copper, zinc, cobalt, indium, and others. PJX's primary properties are road accessible, close to power, rail, and located in the historical mining area of Cranbrook and Kimberley, British Columbia. Please refer to our web site http://www.pjxresources.com for additional information.
FOR ADDITIONAL INFORMATION PLEASE CONTACT:
Linda Brennan, Chief Financial Officer
(416) 799-9205
info@pjxresources.com
Cautionary Note Regarding Forward-Looking Information
The information in this news release has been prepared as at the date noted above. Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms.
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by PJX Resources Inc. as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, PJX Resources Inc. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in PJX Resources Inc.'s expectations or any change in events, conditions or circumstances on which any such statement is based.
Cautionary Note to US Investors:
This news release may contain information about adjacent properties on which PJX Resources Inc. has no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
This press release uses the terms "Measured", "Indicated", and "Inferred" resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economically or legally mineable.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: PJX Resources Inc.
Belmont Provides A-J Gold Project Drilling Update
Drill results received for South Zone drill holes A-J23 06-09.
Strong mineralization from Athelstan gold mine area drilling indicates peripheral alteration zone to a potential deep-seated copper-gold porphyry.
New vectors point to Jackpot gold mine and the major Jackpot fault areas.
https://thenewswire.com/press-releases/1AlpFGzKQ-belmont-provides-a-j-gold-project-drilling-update.html
January 26, 2023 – TheNewswire - Vancouver, B.C., Canada; Belmont Resources Ltd. (“Belmont” or the “Company”) (TSX.V: BEA; FSE: L3L2) announces initial results of the A-J 2023 2,000 meter, nine drill hole A-J drilling program in southern British Columbia.
Click Image To View Full Size
A-J 2023 drill plan over geophysics
2023 Drilling focused on two zones on the property.
North Zone: (Drill holes AJ23-01-05) drilling involved exploring largely untested, open ground in the northern portion of the property where targets were chosen between the Golden Crown and Athestan-Jackpot mines. Drill assays are pending.
South Zone – Athelstan mine area: (Drill holes AJ23-06-09) drilling involved testing for potential mineralized feeder systems along and directly beneath the Athelstan mine, one of two historic gold mines on the A-J 1.5km mineralized gold trend and related historic mine workings.
Initial results have been received for South Zone, Athelstan mine area for drill holes AJ23-06 – AJ23-09.
As reported in previous news releases dated October 31 and November 16, 2023, all four drill holes (AJ23-06, AJ23-07, AJ23-08, and AJ23-09) beneath the Athelstan gold mine intercepted over 100 meter duration of extensive silicic and phyllic alteration accompanied by widespread sulphide mineralization. These zones included multi-metre quartz shear and stockwork style vein intersections with all lithologies hosting widespread pyrrhotite and pyrite and lesser chalcopyrite and arsenopyrite.
Although long grades of gold mineralization were intercepted (up to 150m) the grades were minimal with only two gold intercepts of note:
AJ23-07 from 28m: 3.8 meters @ 0.4 g/t Au including 1.9m @ 0.60 g/t Au
AJ23-08: from 26m depth: 1.1 meters @ 1.1 g/t Au
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A-J Drill Sections beneath the Athlestan mine
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A-J South Zone mineralized gold trend and 2023 drill holes.
The long grades of gold mineralization albeit low grade, correlates in most part with the extensive quartz veining, semi-massive pyrite, pyrrhotite, and sulphides along with intensely phyllic alteration as reported in previous news releases dated October 31 and November 16, 2023.
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DH AJ23-07 Extensive quartz vein stockwork intersection, sheared and brecciated with pyrrhotite and pyrite stringers, chalcopyrite
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DH AJ23-07 Abundant brittle fracturing and pyrrhotite mineralization in intensely silicic altered plutonic host rock
This is a strong indication of a “peripheral alteration zone to a deep-seated copper-gold porphyry”. The surficial gold along the mineralized trend of the south zone and even the low gold mineralization in the drill core is interpreted as major structural seepage from this porphyry. This major structure may refer to the Jackpot fault which may be providing a conduit for hydrothermal mineralized fluids to travel from the porphyry to the surface.
As for a deep seated porphyry model, one model suggests that there may be in fact linkage between the A-J property and Belmont’s nearby CBC property where exploration is also targeting a large copper-gold porphyry system at depth.
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A-J may be linked to the nearby CBC property
George Sookochoff, President & CEO Belmont Resources commented “While the Athelstan zone may serve as the feeder system for the 7,000 ounces of gold mined from the 2 gold mines as well as an estimated resource of 2,000-5,000 ounces of gold in the surface and near surface mineralized areas, based on previous trenching results and sampling of mine dumps (2002 Summary Report on the A-J Group, Greenwood Mining Division by R.E. Miller B.Eng. Sci., P.Geo February 2002), the presence of extensive quartz veining, semi-massive pyrite, pyrrhotite, and sulphides, coupled with intensely phyllic alteration, strongly indicates our proximity to the target.”
“Our updated database provides exploration vectors pointing eastward, specifically towards the Jackpot gold mine and the Jackpot fault which is where we will focus our 2024 drill program.”
2024 Drilling Program
Drilling of the Jackpot mine and Jackpot Fault zones area planned for Q2 2024. As the deepest South Zone 2023 drill hole was only 245 meters, proposed 2024 drill holes will extend down to approximately 300-500 meters in order to intersect the porphyry at depth or to locate the surficial mineral feeder zones beneath the Jackpot mine and along the Jackpot fault.
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2024 Planned Drilling Along Jackpot Fault – Section ‘A1’
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2024 Planned Drilling Along Jackpot Fault – Section ‘A2’
North Zone Drill Results Pending
Further results from the remaining North Zone drilling (DH AJ23-01 – 05) have yet to be received and w
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ill be announced upon receipt.
North Zone on strike with adjacent Golden Crown Mine – Assays Pending
About Belmont Resources
Belmont Resources has assembled a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States. Its holdings include:
Athelstan-Jackpot (A-J): 2 former gold mines. 2,000m drilling targeting multi-coincident geophysical anomaly on strike with neighboring gold trend and gold mines completed.
CrackingstoneUranium-Rare Earths: Some of the highest grade Rare Earth Elements (REE’s) are being discovered in Northern Saskatchewan due to the presence of Uranium, Thorium Pegmatites. Crackingstone project meets the criteria for potentially discovering a large REE’s deposit with its high grade uranium along with thorium and pegmatite. A review of 3,000m of 2008 drill data shows a 1.3km pegmatite dyke drilled but only assayed for uranium at that time. 2023 plans are to re-assay pegmatite sections for REE’s ;
Come By Chance (CBC): 2021 geophysics delineated potential large copper-gold porphyry2022 drilling provided further vectors towards potential core of porphyry;
The Lone StarCopper-Gold: optioned to Australian Marquee Resources ASX:MQR. MQR has spent in excess of $2.5M in drilling, completed new resource in Dec. 2022, and is currently preparing a Preliminary Economic Assessment in order to earn 80% interest.
The Kibby Basin Lithium project located 60 kilometers north of the lithium rich Clayton Valley Basin: Optioned 80% of the central Kibby Playa claim block to Australian Marquee Resources - MQR. MQR has spent in excess of $2.5M in drilling in 2022 for potential deep seated lithium brine. 2022 Drilling confirmed high levels of lithium-bearing sediments along with dissolved lithium in the groundwater.
Click Image To View Full Size
NI 43-101 Disclosure:
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and has been reviewed and approved by Laurence Sookochoff, P.Eng.
ON BEHALF OF THE BOARD OF DIRECTORS
“George Sookochoff”
George Sookochoff, CEO/President
www.belmontresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control. Actual events or results could differ materially from the Companies forward-looking statements and expectations. These risks and uncertainties include, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an exploration program in 2023, and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.
EnGold Lac La Hache Project Update
https://www.newsfilecorp.com/release/195349
January 23, 2024 4:00 PM EST | Source: EnGold Mines Ltd.
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2024) - David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") reports a number of updates with respect to the Company's 100% owned Lac La Hache Copper Gold Project in the Cariboo region of BC's southern interior (the "Property").
EnGold Granted 5-Year Exploration Permit for Lac La Hache
In the spring of 2023, the Company applied for and received in June a Multi-Year, Area-Based exploration permit from the government of BC enabling EnGold to continue exploring the Property. The five-year permit allows EnGold to proceed with extensive new drilling and other exploration activities until 2028.
"EnGold would like to acknowledge the support of local First Nations and the diligent efforts of government experts in the permitting process," said EnGold President & CEO David H. Brett. "EnGold's track record of early and proactive engagement with local communities, as well as a history of environmental responsibility, will hopefully serve the Company well as we move the Lac La Hache Project forward."
Tam Property Option Amendment
As announced on February 19, 2020, the Company entered into an option agreement to acquire a 100% interest in the Tam Property (the "Agreement"), a block of claims near EnGold's Aurizon South Gold Deposit, adjoining the Lac La Hache Project to the southeast. The Tam Property hosts a number of prospective targets lying on-trend with the main 7- km exploration corridor that hosts the Spout, G1, Aurizon & Ann North zones.
The vendor of the Tam Property and the Company have amended the Agreement, subject to the acceptance of the TSX Venture Exchange, as follows:
The term of the option has been extended from 48 months to 60 months.
The original payments of cash and shares have been replaced with the following:
300,000 shares of EnGold forthwith upon TSX Venture Exchange acceptance.
On or before February 12th, 2025 400,000 shares of EnGold and $25,000 cash.
Exploration Priorities
As announced March 6, 2023, data analysis firm ALS GoldSpot delivered to EnGold the results of their extensive information compilation, machine learning, and artificial intelligence research on prior Lac La Hache exploration work. These results included multiple high priority targets both near existing mineral deposits and new areas outside EnGold's concentrated work zones.
Of note, the ALS GoldSpot work identified a large area east of the Spout Copper Magnetite Deposit with potential near surface mineralization similar to the "Spout South" mineralized zone. EnGold's permitted work includes a series of shallow drill holes with setups located on existing logging roads.
"We are anxious to restart our drilling campaign at Lac La Hache," said EnGold VP of Exploration Rob Shives. "We have been less active in the field due to challenging market conditions for juniors, but we are confident that our compelling project will attract new funding to continue moving this exciting project forward."
About EnGold
EnGold is a Vancouver-based copper, gold, silver, and magnetite exploration company focused solely on its 100% owned Lac La Hache property in the Cariboo region of BC which hosts the Spout Copper Deposit, the Aurizon Gold Deposit, and the G1 Copper Deposit and other targets within a large porphyry mineralizing system. With world-class infrastructure at its doorstep, Lac La Hache is a great location to be exploring.
EnGold Mines Ltd.
David Brett
President & CEO
For further info contact David Brett, 604-682-2421 or david@engold.ca
SOURCE: EnGold Mines Ltd.
Mountain Boy Minerals/ EXGEN: DOK Project Drill Results
https://ca.finance.yahoo.com/news/exgen-dok-project-drill-results-220000542.html
ExGen Resources Inc
Fri, January 19, 2024 at 2:00 p.m. PST·
Core Assets Drills 4.55 Metres of 116g/t Ag, 11.7% Pb+Zn, and 0.41% Cu at the Jackie Target & Exhibits Drilling Core at AME Round Up Conference in Vancouver
https://www.accesswire.com/827438/core-assets-drills-455-metres-of-116gt-ag-117-pbzn-and-041-cu-at-the-jackie-target-exhibits-drilling-core-at-ame-round-up-conference-in-vancouver
Wednesday, 24 January 2024 08:30
VANCOUVER, BC / ACCESSWIRE / January 24, 2024 / Core Assets Corp., ("Core Assets" or the "Company") (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF)
Coast Copper's Benson Lake Mine CSAMT Geophysical Survey Generates 3 Anomalies on Trend
https://www.newswire.ca/news-releases/coast-copper-s-benson-lake-mine-csamt-geophysical-survey-generates-3-anomalies-on-trend-827464447.html
Coast Copper Corp. Jan 23, 2024, 08:05 ET
TSXV: COCO
VANCOUVER, BC, Jan. 23, 2024 /CNW/ - Coast Copper Corp. ("Coast Copper" or the "Company"; (TSXV: COCO) is pleased to announce that the Controlled Source Audio-frequency Magnetotellurics ("CSAMT") ground geophysical survey completed on its optioned, past-producing Empire Mine property ("Empire Mine" or the "Property") located on Northern Vancouver Island, B.C. has generated three high-priority drill targets.
NR24-001 Figure 1 (CNW Group/Coast Copper Corp.)
NR24-001 Figure 2 (CNW Group/Coast Copper Corp.)
In December 2023, Coast Copper engaged Peter E. Wallcott and Associates to complete a 5-line (totaling 5 line kilometers ("km")) CSAMT survey over portions of the Property near the historical Benson Lake Mine representing one of numerous targets on the Property (see Figure 1). The CSAMT survey shows that known mineralization and underground workings at the past-producing Benson Lake Mine are associated with a resistivity low exhibited by two CSAMT lines over a 300-meter ("m") x 500 m area (see Figure 2). From 1968-1972, approximately 1.2 million tonnes were mined from the Benson Lake Mine with recovered grades of 1.47% copper ("Cu"), 1.1 grams per tonne ("g/t") gold ("Au"), 4.7 g/t silver ("Ag") and 29% magnetite ¹ ². Based on the CSAMT features over the known mineralization, three high priority targets that exhibit similar characteristics are noted below:
Northwest of Benson Lake Mine - High Priority Target Area (300 m x 500 m) Section A- A'
Two CSAMT lines were located to the northwest of the historical Benson Lake underground mine with the first line located just outside of the mine workings and downdip of an area historically called the "QB" Zone and the second line a further 200 m to the northwest and downdip of an area historically called the "QC" Zone. The 300 m wide resistivity low noted on both these lines also occurs in the hanging wall of the Sproule Fault as does the mined-out portions of Benson Lake mine to the southeast. Two drillholes were completed in this area in 2007 (MW07-48 & 49) by Grande Portage Resources Inc., with drillhole MW07-48 intercepting 7.5 m of a massive magnetite layer assaying 0.27 g/t Au, 0.45% Cu and 24.1% Iron ("Fe") and MW07-049 intercepting 6.7 m of a semi-massive sulphide and dike breccia assaying 0.25 g/t Au, 0.64% Cu and 8.1% Fe ³. The combination of the Sproule Fault, resistivity low and magnetic high feature from a 2006 regional airborne geophysical survey plus the encouraging 2007 drill intercepts help identify the potential for a mineralized corridor. It is also important to note that this resistivity anomaly is open to the northwest for over 500 m until it reaches the Raven Fault.
Keystone - High Priority Target Area (100 m x 1000 m) Section B-B'
The upper or western ends of three CSAMT lines also identified an approximate 100 m thick sill-like, gently west-dipping low resistivity feature that appears to be associated with mapped Keystone volcanic sills that are associated with mineralization at the historical Merry Widow mine open pit. Limited exploration work and no drilling has occurred in this area recently identified by Coast Copper as the "Middle Trends" (see news release dated November 21, 2023) where copper and gold anomalies were returned from initial rock and soil sampling.
South of Benson Lake Mine- High Priority Target Area (200 m x 300 m) Section C-C'
One CSAMT line was completed to the south of the past-producing Benson Lake Mine, across a known fault and the Merry Widow creek. The resistivity low appears to be offset by approximately 200 m to the west, indicating that the southerly potential of mineralization may continue to the west. This resistivity low anomaly also appears to correlate with a historical "remaining mineable resource block" identified by Cominco Ltd. in December 1972 just prior to the mine being closed. One drillhole was completed in this area in 2007 (MW07-51) that encountered skarn bands between 207-328 metres down the drillhole and a 2 m massive magnetite band even though it was drilled in a southerly direction and away from the target.
It is important to note that a magnetic anomaly identified by the 2006 airborne geophysical survey continues for a further 2 km to the south. In the first kilometer, very widely spaced and sometimes abandoned and technically misdirected drilling was completed in 2006 and 2007 (drillholes MW06-25,26 & 27 and MW 07-52,53 & 54) and although assay results were not as high-grade as most of the drilling at the Merry Widow Deposit, with the value of hindsight and a better understanding of the Old Sport Mineralized Horizon, they are very technically significant with some of the results highlighted below:
MW06-25 returned an epidote skarn with pyrrhotite from 261-275 m with a one-meter interval of 1.46 g/t Au and 0.44% Cu,
MW06-27 returning a 20 cm semi-massive pyrrhotite interval of 0.14% Cu, 484 parts per million Cobalt and 37.5% Fe which is even more significant considering the previous 5 m interval had no recovery,
MW07-52 returning a 1.62 m intercept of massive magnetite of 0.54 g/t Au, 0.52% Cu and 29.6% Fe, MW07-053 returning a 4.52 m intercept of massive magnetite of 34.12% Fe and
MW07-54 returning a 14.24 m intercept of 0.12 g/t Au and 0.29 % Cu ³.
When these drillholes were completed to depth they also identified the transition to underlying Karmutsen volcanics and proved that the Old Sport Horizon continues for up to a kilometer south of the Benson Lake Mine. Now, having a better understanding of the geophysical and geological signatures, Coast Copper will use this data to help vector into areas of higher grade copper and gold associated with the magnetite bodies and the Old Sport Horizon.
Exploration Implications of CSAMT Survey and Regional Airborne Magnetics and Similarities to IOCG Deposits
Comparisons of geophysical and regional airborne magnetics with known mineralization and fault zones shows a close spatial relationship, suggesting that some of these fault zones may have been feeder zones for the magnetite mineralization which was later overprinted by copper-gold-silver-cobalt mineralization, similar in nature to iron-oxide copper gold deposits ("IOCG") like those in Chile and those associated with subduction zones along the west coast of North America 5.
Based on the success of the CSAMT geophysical survey, further lines are proposed to generate new drill targets on the Property.
Association for Mineral Exploration Roundup, January 22-25, 2024
Coast Copper is currently at the AME Roundup Conference (booth #500) in Vancouver till January 25, 2024, at the Vancouver Convention Center East and will be pleased to provide further information and updates on the Company and its projects. In addition, Wyatt Bains, from the B.C Geological Survey, will be presenting a poster display on "Ore and Alteration Textures from Co-Bearing Iron Skarns: Examples from Vancouver and Texada Islands" which will also highlight some of his preliminary findings on work at our Empire Project.
Qualified Persons
The technical information contained in this news release has been prepared, reviewed, and approved by Wade Barnes, P.Geo. (BC), Coast Copper's geological consultant and a Qualified Person ("QP") within the context of the Canadian Securities Administrators' National Instrument ("NI") 43-101; Standards of Disclosure for Mineral Projects.
About Coast Copper Corp.
Coast Copper's exploration focus is the optioned Empire Mine property, located on northern Vancouver Island, BC, which covers three historical open pit mines and two past-producing underground mines that yielded iron, copper, gold, and silver. Coast Copper's other properties include its 100% owned Knob Hill NW property located on northern Vancouver Island, its Home Brew property in central BC, and its Scottie West property located in the "Golden Triangle" of northern BC. Coast Copper's management team continues to review precious base metals opportunities in western North America.
On Behalf of the Board of Directors:
"Adam Travis"
Adam Travis, Chief Executive Officer and Director
Cautionary Notes on Release and/or Figures
Historical information, maps or figures contained in this release regarding Coast Copper's Empire Mine Property or adjacent properties cannot be relied upon as the Company's QP, as defined under NI-43-101 has not prepared nor verified the historical information.
Cominco Resources, Drill Section Maps "Plan of Cominco's Benson Lake Operations on Empire Claims Showing Ore Reserves & Proposed Exploration Program", 1970, Private Files. While Coast Copper notes that Cominco's historical results are not NI 43-101 compliant and have not been verified by the Company's QP, these combined historical resources total nearly 3.154 million tonnes and will help guide Coast Copper's exploration programs. Benson Lake Mine historical reserves recorded by Cominco Resources (1972) report a non NI 43-101 resource of 454,000 tonnes grading 0.59 g/t Au and 1.3% Cu and an Inferred resource of 2.7 million tonnes of 1.7% Cu with no Au grade calculated.
The 2023 Mineral Resource Estimate was prepared by Sue Bird, P.Eng., an independent Qualified Person. The effective date of the mineral resource estimate is April 26, 2023. Mineral Resources are reported using the 2014 CIM Definition Standards and were estimated in accordance with the CIM 2019 Best Practices Guidelines, as required by NI43-101. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There is no certainty that any Mineral Resources will be converted into Mineral Reserves. These Mineral Resource estimates include Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Measured or Indicated Mineral Resource with continued exploration. The Mineral Resource Estimate has been confined by a "reasonable prospects of eventual economic extraction" pit using the following assumptions, Prices are based on 3 year trailing averages, recoveries are based on preliminary metallurgical studies, and smelter terms and costs are based on comparables.
Au price of USD$1,800/oz and Cu price of US$ 3.50/lb at an exchange rate of 0.75 US$ per CAD$;
77% Cu metallurgical recovery, 29% Cu concentrate grade, 100$USD/tonne concentrate transport, 100 $USD/tonne concentrate treatment, 1% unit concentrate grade deduction, and 0.1 $USD/lb Cu refining cost
60% Au metallurgical recovery, 99% payable Au, and 8 USD$/oz Au refining cost.
Mining costs of CAD$15/tonne;
Processing + G/A costs of CAD$25/tonne;
Pit slopes of 50 degrees;
The resulting NSR equation is: NSR (CDN$) = (Cu%/100) x 3.96 x 2204.6 x 0.77 + Au x 76.05 x 0.6. The bulk density of the deposit is interpolated from sample data. The average value specific gravity used for the Mineral Resource Estimate is 3.45 at the base case cutoff.
Grande Portage Resources Inc. 2006 and 2007 Drilling. BC Assessment Report 28863 "Assessment Report on Diamond Drilling on the Merry Widow Property by G. Nicholson and W. Robb" and, BC Assessment Report 30002 "Diamond Drilling, Geochemical and Geophysical Assessment Report for the 2007 Program at the Merry Widow Project, W. Ravel, M. Nelson".
Barra, Fernando, Reich, Martin, Selby, David, Rojas, Paula, Simon, Adam, Salazar, Eduardo, Palma, Gisella, Unraveling the origin of the Andean IOCG clan: A Re-Os isotope approach, Ore Geology Reviews (2016)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Certain information contained or incorporated by reference in this press release, including any information regarding the proposed Transaction, private placement, board, and management changes, as to our strategy, projects, plans or future financial or operating performance, constitutes "forward-looking statements." All statements, other than statements of historical fact, are to be considered forward-looking statements. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by Coast Copper, are inherently subject to significant business, economic, geological, and competitive uncertainties, and contingencies. Although Coast Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include but are not limited to fluctuations in market prices, exploration and exploitation successes, continued availability of capital and financing, changes in national and local government legislation, taxation, controls, regulations, expropriation, or nationalization of property and general political, economic, market or business conditions. Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance and, therefore, readers are advised to rely on their own evaluation of such uncertainties. All of the forward-looking statements made in this press release, or incorporated by reference, are qualified by these cautionary statements. We do not assume any obligation to update any forward-looking statements.
SOURCE Coast Copper Corp.
For further information: please contact: Adam Travis, CEO, Coast Copper Corp, 409 Granville Street, Suite 904, Vancouver, B.C. V6C 1T2, Canada, P: 877-578-9563, E: adamt @
Independence Gold Samples 17.00 Metres of 2.68 g/t Gold and 39.12 g/t Silver in Surface Trenching and Acquires an Additional 36.40 km2 of Land at the 3Ts Project, BC
https://www.newsfilecorp.com/release/194950
January 22, 2024 8:00 AM EST | Source: Independence Gold Corp
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF)
Surge Copper Intersects 548 metres grading 0.36% CuEq including 30 metres grading 0.61% CuEq at the Berg Deposit
https://ca.finance.yahoo.com/news/surge-copper-intersects-548-metres-123000880.html
Surge Copper Corp.
Mon, January 22, 2024 at 4:30 a.m. PST·8 min read
SRGXF
0.00%
Vancouver, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2)
Copper Fox Provides Analytical Results for 2023 Geotechnical Drilling Program at Schaft Creek Project
https://www.newsfilecorp.com/release/195262
January 23, 2024 6:00 AM EST | Source: Copper Fox Metals Inc.
Calgary, Alberta--(Newsfile Corp. - January 23, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF)
Snowline Gold Drills 382.4 M Of 2.1 Grams Per Tonne Gold Including 113.4 M Of 3.5 Grams Per Tonne Gold from Surface Demonstrating Strong Continuity Along Strike at Its Valley Target, Rogue Project, Yukon
https://www.accesswire.com/826891/snowline-gold-drills-3824-m-of-21-grams-per-tonne-gold-including-1134-m-of-35-grams-per-tonne-gold-from-surface-demonstrating-strong-continuity-along-strike-at-its-valley-target-rogue-project-yukon
Monday, 22 January 2024 06:00
Hole V-23-070, drilled perpendicular to previous holes, returned 382.4 m averaging 2.12 g/t Au, including 113.4 m of 3.51 g/t Au from surface, demonstrating robust three-dimensional continuity of near-surface mineralization at Valley
Hole V-23-068 and V-23-069 show high grades and strong consistency at the open northeastern edge of known mineralization at Valley, returning 384.6 m averaging 1.24 g/t Au from surface and 437.0 m averaging 1.01 g/t Au (including 2.68 g/t Au over 60.3 m) respectively.
VANCOUVER, BC / ACCESSWIRE / January 22, 2024 / SNOWLINE GOLD CORP (TSX-V:SGD)(OTCQB:SNWGF)
Goliath Finds 101 g/t Au (3.25 oz/t) At Newly Discovered Full Contact Outcrop Within 1.4 km Gossan Trend On Golddigger’s Cambria Ice Fields, Golden Triangle, British Columbia
https://ca.finance.yahoo.com/news/goliath-finds-101-g-t-120800963.html
Goliath Resources Limited
Mon, January 22, 2024 at 4:08 a.m. PST
Talisker Intersects 28.58 g/t Au over 6.35 Metres from the Bralorne Gold Project Resource Conversion Program
https://ca.finance.yahoo.com/news/talisker-intersects-28-58-g-120000309.html
Talisker Resources Ltd.
Mon, January 22, 2024 at 4:00 a.m. PST·
Inomin Expands Beaver-Lynx Critical Minerals Project
https://www.newsfilecorp.com/release/194822
January 19, 2024 7:15 AM EST | Source: Inomin Mines Inc.
2,836 Hectares Staked Including Large West Zone Target Adjacent to Gibraltar Copper Mine Property
Discussions Underway with Potential Project Partners as Investments in Canadian Nickel Projects with Low-Carbon Footprints Continue
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2024) - Inomin Mines Inc. (TSXV: MINE) ("Inomin" or the "Company") is pleased to report the Company has acquired 2,836 hectares through staking to expand its Beaver-Lynx critical minerals project (magnesium-nickel-chromium-cobalt) property to 25,292 hectares (Figure 1).
Figure 1. New claims at Beaver-Lynx.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3069/194822_c796c490f47c99b8_001full.jpg
Large West Zone Target
The largest area acquired, called the West Zone, is 1,927 hectares, and is adjacent to Taseko's Gibraltar copper-molybdenum mine property, the second largest open-pit copper mine in Canada.
The West Zone was acquired to cover a prominent 3.5 km x 3.5 km airborne magnetic target. This new area is the largest exploration target at Beaver - about three times the size of the South Zone - where Inomin made a magnesium-nickel-chromium discovery last summer (see September 19, 2023 news release).
Inomin considers the West Zone to be an important exploration target as every magnetic target at Beaver drilled to date has discovered near-surface magnesium and nickel mineralization, as well as other minerals including chromium and cobalt.
A 177-hectare area at the southern end of Beaver property was acquired to access a water source for drilling.
Like the West Zone, a 731-hectare new claim at Lynx covers two discrete anomalous airborne magnetic targets on the outside rim of a 10-km wide caldera, ring-shape structure.
"The West Zone is a considerable target with the potential for discovery of a seventh magnesium-nickel dominant system at Beaver," says John Gomez, President of Inomin. "Given our drilling success at Beaver, we look forward to exploring this compelling target."
Left: Beaver property airborne magnetic targets illustrated in red, and seven zones delineated by drilling and/or airborne surveys. Right: Google Earth of Beaver-Lynx property strategically located between Gibraltar and Mount Polley polymetallic mines, among the largest operating mines in British Columbia.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3069/194822_c796c490f47c99b8_002full.jpg
Investment in Canadian Nickel Projects
In the past two years there has been increasing investment interest in Canadian nickel projects, particularly large, low-grade deposits with carbon capture opportunities. Of note is battery maker Samsung SDI's investment in Canada Nickel announced earlier this month. Other Canadian nickel project deals involve Sumitomo Metal Mining, Agnico Eagle, and Mitsubishi Corp.
Similar to projects attracting major funding, Inomin's Beaver-Lynx has the potential to be prospective for a district-scale, bulk-tonnage, nickel-magnesium project, amenable to low carbon mining.
The Company has recently had discussions with potential project partners seeking large-scale critical mineral projects in tier one jurisdictions.
About Beaver-Lynx Critical Minerals Project
The Beaver-Lynx property, comprising approximately 25,000 hectares, is ideally located in south-central British Columbia, 50 kilometres from the city of Williams Lake and just 8 kilometres east of the Gibraltar mine, a large, open-pit, mining operation grading approximately 0.27% copper equivalent. Beaver-Lynx is easily accessible by good all-season roads, and is close to hydro-electric power, as well as active railway lines. Inomin owns a 100% interest in the project with no encumbrances.
Drilling programs at Beaver have delineated six large zones containing high-grade magnesium and other critical minerals, primarily sulphide nickel, as well as chromium, and cobalt. Numerous targets exist that have yet to be drill tested.
Conference Participation
Inomin will be participating at the following investor-industry events:
Vancouver Resource Investment Conference (booth #223), Vancouver, BC - January 21-22, 2024.
PDAC (booth #2751), Toronto, ON - March 5-8, 2024.
Inomin Mines Director, L. John Peters, P.Geo., a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this news release.
About Inomin Mines
Inomin Mines is focused on the identification, acquisition, and exploration of mineral properties with strong potential to host significant resources, especially critical minerals, as well as gold and silver projects. Inomin trades on the TSX Venture Exchange under the symbol MINE. For more information visit www.inominmines.com and follow us on Twitter @InominMines.
On behalf of the board of Inomin Mines:
Inomin Mines Inc.
Per: "John Gomez"
President and CEO
For more information please contact:
John Gomez
Tel. 604-643-1280
info@inominmines.com
Cautionary Note Regarding Forward-Looking Information
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the plans and expectations of the Company with respect to the Beaver-Lynx project, and in particular, the West Zone, the potential of the Beaver-Lynx project as a nickel-magnesium project, and the participation of the Company in future investor events.
These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the exploration programs at the Beaver-Lynx property and the West Zone are not carried out as planned, that the Company is not able to develop the Beaver-Lynx as a district-scale, bulk-tonnage, nickel-magnesium project, that the Company may not acquire sufficient financial resources to fund its operations, that the Company may fail to discover mineral deposits sufficient in size to return a profit from production, and that unexpected events may occur resulting in the Company being absent from future investment conferences.
In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will deploy resources in a manner that will allow the Company to conduct the exploration programs at the Beaver-Lynx property and the West Zone as planned, that future exploration programs at the Beaver-Lynx property will yield favorable results or results consistent with previous programs conducted at the Beaver-Lynx property, and that the Company will obtain sufficient funds to fund future operations.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Inomin Mines Inc.
Report raises questions around growing mining exploration in northern B.C.
https://ca.news.yahoo.com/report-raises-questions-around-growing-201705288.html
CBC
Mon, January 22, 2024 at 12:17 p.m. PST·6 min read
The Stikine River is located in the transboundary region between B.C. and Alaska. It flows from the boreal forests of Northwest British Columbia into the temperate rainforest of the Tongass National Forest and the Stikine LeConte Wilderness Area in Southeast Alaska. (Colin Arisman/Salmon State - image credit)
A new report by the U.S. branch of the Environmental Investigation Agency says that investment interest and government tax incentives are fuelling intense mining exploration in remote northern B.C. — raising concerns about the environmental impacts of the work and its financial implications.
The report focuses on the transboundary region, which falls along the border between the Alaska panhandle and the province of B.C. Much of this exploration is focused on the so-calledGolden Triangle, which in many areas is still covered by glaciers.
Scientists say melting glaciers could offernew habitat for salmon. But the area is also rich with gold deposits.
According to the report, more than 450 Canadian companies are currently focused on claims staking and mineral exploration in the area, and are linked by a risk-sharing strategy called the Prospect Generator Model.
The financial model involves staking vast swaths of land and raising funds for multiple claims at once, sometimes in partnership with several companies.
Incentives needed due to risk
Just one company, Brixton Metals, has a mineral claims area twice the size of Los Angeles.Incentives needed due to risk
The hope is that at least one claim will become a profitable mine and cover costs for all, and in the meantime, major investors and company executives can be paid through raised capital. In the meantime, the report says, "average investors, Canadian taxpayers, Indigenous peoples, rural residents, and U.S. communities and economies downstream are left shouldering the financial and environmental risks."
Steve Suarez, a corporate tax lawyer and founder of online web resource Mining Tax Canada, said it's true that only one in 10,000 exploration projects becomes a lucrative venture, but that's why protections for investors and tax incentives are in place.
"These exploration companies are going out and spending real money on real people flying around and going out into the bush," he said. "I don't disagree for a second that that's a risky activity. But that's sort of the whole point."
Suarez said that without these incentives, it wouldn't make financial sense to carry out exploratory work.
British Columbia’s Brucejack gold mine in the headwaters of the transboundary Unuk River. Mining stakes cover nearly 90 per cent of the B.C. side of the Unuk River. (Chris Miller/Salmon State)
Kylie Williams, who acts as director of communications with the B.C. branch of the Association for Mineral Exploration, (AME) said that exploration is a vital first step toward securing the critical minerals needed for the green transition.
"If we're going to electrify our economy globally, we need these companies that have the mindset of trying to find metals and trying to find projects that are going to be successful," she said.
But mining advocates say these efforts may be lucrative enough in their own right to allow for continuous exploration without significant accountability around whether there's a business case for a mine.
"It very much is about storytelling," said Nikki Skuce, Director of Northern Confluence and co-chair of theBC Mining Law Reform Network.
Environmental concerns
"I mean, you're trying to get people excited so that they give you funding. There is something around how people [are] getting some pretty cushy wages just telling stories versus actually mining."
While not as intensive as a mining operation, the report also contends that exploration can have a serious environmental impact.
Over a period of five months, they found Teuton Resources, Tudor Gold and American Creek Resources burned over a million dollars worth of fuel for helicopter flights and other uses for the exploration of the claims they co-own.
"The approximately 868,000 litres of fuel burned is equivalent to over 2,000 metric tons of CO2 emissions–or approximately the amount generated by 450 cars driven for one year," the report reads.
80 per cent of claims within 5 kilometres of a river
EIA researchers also found that over 80 per cent of mining claims in the region are within five kilometres of a river or a stream. CBC spoke to several members of local First Nations and Alaskans who expressed concern that industrial activity near the watershed will impact fish and people.
Heather Hardcastle is with the Alaskan non-profit Salmon State, the organization that first commissioned the report from EIA.
"There are a number of experiences that now we have to show that wild salmon and mining really don't mix," she said. "Just a tiny amount of copper in one Olympic sized swimming pool can impact the navigation of wild salmon."
Richard (Chalyee Eesh) Peterson is president of the Central Council of the Tlingit and Haida Indian Tribes of Alaska. He said that he's heard from the B.C. government that the mines being developed today will be different than ones in the past, but it's difficult for him to believe.
Drainage from Canada’s abandoned Tulsequah Chief Mine, which has been contaminating the transboundary Taku River for more than 65 years. The Taku, a vital wild salmon river, empties into the ocean just south of Alaska’s capital. (Chris Miller/Salmon State)
"We keep bringing up the Tulsequah Chief mine because that's a mine that has been contaminating the river and has not been taken care of for, you know, decades and decades now," he said. "Let's talk about that cleanup before we talk about issuing new permits and giving the green light on new projects."
Tulsequah Chief was in operation from 1951 to 1957, producing gold, silver, zinc, copper and other minerals. In 2019, the province committed to cleaning up the abandoned mine site, which is about 80 kilometres south of Atlin, B.C., near the Alaska border.
But to date, run-off from the mine continues to seep into the Taku river, which flows into Juneau.
B.C. minister of mines Josie Osborne said in a statement to CBC that B.C. does not incentivize exploration in fragile areas.
"All proposed exploration is subject to a rigorous permitting process, and proponents must demonstrate that their proposed work is protective of the environment," she said.
Osborne said her government is committed to a competitive mining and mineral exploration sector that grows the economy, supports environmental stewardship, and advances reconciliation.
Several companies also provided CBC with a joint statement in response to the report calling environmental scrutiny in British Columbia "rigorous."
"Projects face federal and provincial assessments in addition to Indigenous consultation," it read.
"Shutdown of mining in the transboundary region [...] would have a devastating effect on local communities, not to mention the provincial and federal tax bases."
Without grassroots explorers, Canada would jeopardize its access to critical minerals, it said, a perspective shared by the AME.
Peterson said he hopes the report released on Jan. 22 will lead to change and more conversations around co-management.
"The more I learn, I think the more appalled I am. It's not just about the salmon," he said. "Our people have been in this area for tens of thousands of years. We watched the Tongass forests grow… our stewardship of these lands and resources has always been about balance. If you wipe out a species, it throws us all out of balance."
Riverside Acquires the Deer Park and Sunrise Gold Projects near Castlegar British Columbia
https://www.newsfilecorp.com/release/195093
January 22, 2024 9:00 AM EST | Source: Riverside Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2024) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY)
Doubleview Reports New Discovery: Gold Rich Zone Within the South Lisle Zone - Drill Interval of 405m of 0.21 g/t Gold (0.84% CuEq) That Extends the Main Lisle Deposit by 240 Meters
https://www.newsfilecorp.com/release/194369
January 16, 2024 8:50 AM EST | Source: Doubleview Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038)
CopAur Minerals Receives Five-Year Permit and Discuss Plans for Williams Property in British Columbia
https://www.newsfilecorp.com/release/194710
January 18, 2024 9:00 AM EST | Source: CopAur Minerals Inc.
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2024) - CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) ("CopAur" or the "Company") is pleased to announce that its Board of Directors, with the support of management, has approved a strategy focused on the Company's Nevada properties. Additionally, the Company is considering various alternatives to maximize the current and future value of the Williams Property. These options include creating a new company, spinning out, joint venturing, or optioning the Williams Property. The objective is to advance the Williams Property while enabling CopAur to receive cash and shares upfront from any transaction, and to maintain long-term ownership in the Williams Property as we concentrate our exploration efforts in Nevada.
The Williams property is comprised of mining claims totalling 17,000 hectare consolidated land package with substantial gold and copper discovery potential and hosts two large exploration targets, the T-Bill prospect which is prospective for mesothermal style gold mineralization, and the GIC porphyry prospect which is prospective for porphyry copper-gold-molybdenum style mineralization.
T-Bill (Au-orogenic) highlights:
High-grade epithermal gold mineralization hosted in quartz veins and vein breccias;
3 x 2.5 km gold-in-soil anomaly with potential for multi-km extensions in newly discovered anomalous zones from 2021 exploration;
On November 24, 2021 the Company announced diamond drill results that tested an ~300 metre of strike-length that returned 41.57 metres of 1.38 g/t Au, including 0.70 metres of 22.00 g/t Au (true width estimated to be 30-50% of drilled interval).
GIC Prospect (Cu-porphyry) highlights:
4 km x 0.8 km east-west trending copper-gold (±molybdenum) geochemical and IP/resistivity geophysical anomaly with limited historical drilling;
On August 16, 2022 the Company announced the discovery of a new gold zone discovered at west end of GIC target in recently completed 2022 drill hole WM22-02 yielded 2.2 g/t gold over 50 metres, including 10.5 metres of 4.2 g/t gold, terminating in mineralization (true width of the mineralized zone if not known).
The Company is also extremely pleased to report that is has recently received a new 5-year permit for the Williams project in the Toodoggone region of BC.
CEO Jeremy Yaseniuk stated, "We are currently exploring various options to benefit both existing and new shareholders of Copaur. Our aim, subject to successfully finalizing a deal with a new company for Williams, is to offer shareholders the opportunity to invest in the initial funding of this new Metals Group entity. Historically past initial fundings of Metals Group companies have preformed extremely well. However, past success does not guarantee future results. In anticipation of the Williams transaction, we plan to provide Copaur shareholders of record, as of the announcement date, an opportunity to participate in the new company. This is contingent on the successful completion of the transaction. Our strategy seeks to reward the loyalty of our longstanding shareholders and the trust of recent investors. This approach will also enable our management team to focus on expanding our Nevada portfolio, particularly the Kinsley Gold property, while allowing our shareholders to continue benefiting from the value of Williams. We expect to provide further updates soon."
About CopAur
CPAU is an exploration company focused on developing projects within the emerging, mineral-rich mining regions of Nevada and British Columbia. The Company is backed by a dynamic and experienced team of resource professionals advancing multiple holdings across both regions; the flagship being Kinsley Mountain Gold Property, a Carlin-style project located 90 km south of the Long Canyon Mine (currently in production under the Newmont/Barrick Joint Venture, Nevada Gold Mines) and its 100% owned Williams Project that points to significant gold-copper potential within the prolific Golden Horseshoe of northern British Columbia, Canada. CPAU remains dedicated to delivering substantial growth and value creation for our shareholders through strategic asset development and management. We look forward to the opportunities that lie ahead and will continue to provide updates on our progress.
Qualified Person
The scientific and technical information contained in this news release regarding Copaur Minerals Inc. has been reviewed and approved by Kristopher J. Raffle, P.Geo. (British Columbia), principal and consultant, of Apex Geoscience Ltd. of Edmonton, Alta., and a qualified person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
For more information, please contact:
CopAur Minerals Inc.
Jeremy Yaseniuk, Chief Executive Officer & Director
Tel: +1 (604) 773-1467
Email: jeremyy@CopAur.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
This news release contains forward-looking statements. These statements relate to future events or the Company's future performance including obtaining the necessary approvals for and completion of a transaction regarding the Williams property with a new company or spinning out or joint venturing or optioning all or a portion of the Company's interest in the Williams property or the ability to offer or grant shareholders of the Company an opportunity to participate in the initial funding of the new company. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revised any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
SOURCE: CopAur Minerals Inc.
Golden Cariboo Expands Replacement Style Mineralization at its Quesnelle Gold Quartz Mine Property
https://thenewswire.com/press-releases/1AlpFGolG-golden-cariboo-expands-replacement-style-mineralization-at-its-quesnelle-gold-quartz-mine-property.html
January 18, 2024 - TheNewswire - Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) / (OTC:GCCFF) / (WKN:A0RLEP)
SCOTTIE RESOURCES INTERCEPTS 7.94 G/T GOLD OVER 13.2 METRES AT BLUEBERRY CONTACT ZONE AND ANNOUNCES FINANCING
https://www.newswire.ca/news-releases/scottie-resources-intercepts-7-94-g-t-gold-over-13-2-metres-at-blueberry-contact-zone-and-announces-financing-847272869.html
Scottie Resources Corp. Jan 18, 2024, 07:30 ET
VANCOUVER, BC, Jan. 18, 2024 /CNW/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT)
Eagle Plains Reviews 2023 Drilling Results at Vulcan, Engages Sinn for Communications and Marketing
https://www.accesswire.com/825893/eagle-plains-reviews-2023-drilling-results-at-vulcan-engages-sinn-for-communications-and-marketing
Thursday, 18 January 2024 07:00
CRANBROOK, BC / ACCESSWIRE / January 18, 2024 / Eagle Plains Resources Ltd. (TSX-V:EPL)
Imperial Provides Update on Mount Polley 2023 Production
https://ca.finance.yahoo.com/news/imperial-provides-mount-polley-2023-230600083.html
Imperial Metals Corporation
Wed, January 17, 2024 at 3:06 p.m. PST·
Cassiar Gold Intersects 95.3 m of 0.90 g/t Au at Newcoast Regional Prospect and Identifies New Gold-Bearing Quartz Veins at Lucky
January 18, 2024 7:00 AM EST | Source: Cassiar Gold Corp.
Calgary, Alberta--(Newsfile Corp. - January 18, 2024) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF)
Talisker Announces Further High-Grade Drill Results from the Bralorne Gold Project Resource Conversion Program
https://ca.finance.yahoo.com/news/talisker-announces-further-high-grade-120000475.html
Talisker Resources Ltd.
Wed, January 17, 2024 at 4:00 a.m. PST
VIZSLA COPPER EXPANDS WOODJAM COPPER-GOLD PROJECT
https://www.newswire.ca/news-releases/vizsla-copper-expands-woodjam-copper-gold-project-847787434.html
Vizsla Copper Corp. Jan 16, 2024, 08:00 ET
VANCOUVER, BC, Jan. 16, 2024 /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0)
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First "New" Gold Mine to Open in BC for 10 Years -
QR Mine one of BC large gold mines -
investorshub.advfn.com/boards/board.aspx
investorshub.advfn.com/boards/board.aspx
British Columbia (B.C.) is positioned to become a powerhouse province in the commodity boom that has just begun.
investorshub.advfn.com/boards/board.aspwww.cambridgehouse.ca/ch_jan2009.html
www.ivarkreuger.com/metalcharts.htm www.minesite.com/companies/comp_single/company/cross-lake-minerals.html
www.bcadventure.com/adventure/explore/cariboo/cities/quesnel.htm
www.city.quesnel.bc.ca/Community/history.asp
Map of BC mining plays etc. (Not a company list.)
http://www.empr.gov.bc.ca/Mining/Geoscience/PublicationsCatalogue/OpenFiles/2010/Documents/OF2010-1.pdf
Major Exploration Programs NW Region (Companies are listed).
http://www.empr.gov.bc.ca/Mining/Geoscience/PublicationsCatalogue/ExplorationinBC/Documents/2009/2009_NW.pdf
The Big Picture
http://www.empr.gov.bc.ca/Mining/Geoscience/PublicationsCatalogue/ExplorationinBC/Documents/2009/BCExploration-and-Mining2009.pdf
Mineral Exploration Roundup 2009
January 26 - 29, 2009 - Westin Bayshore Vancouver
Pre registration for the conference is now closed.
If you wish to register for the conference, you will need to register on-site at the Westin Bayshore. On-site registration hours are available here.
Limited Tickets Remaining for the Luncheons and Awards Dinner!
There are a limited number of tickets remaining for our popular keynote events. Although registration for the conference has now closed we are offering the opportunity to purchase tickets to the special events by phone.
To purchase event tickets please call 604.689.5271 x 239.
Tickets Available:
AME BC Health and Safety Awards Luncheon
Keynote Speaker: Robin Sheremeta, General Manager & Team Leader, Safety Performance, Teck Coal Limited Elkview Operations
www.investcom.com/moneyshow/gold_cariboo.htm
www.crosslakeminerals.com/i/pdf/Presentation.pdf
BC & Yukon Chamber of Mines -
British Columbia -
http://www.bc-mining-house.com/
The BC & Yukon Chamber of Mines supports and promotes the mineral exploration community and related services.
www.amebc.ca/
The news focuses on mining in BC, Canada and the International arena. ... News or to find out how to become a subscriber, contact us: mabcinfo@mining.bc.ca ...
http://www.mining.bc.ca/news_events/news.htm
The NBK Institute of Mining Engineering is constantly improving the services that we offer to both the academic community and the general public.
http://www.mining.ubc.ca/
Let Intierra assist you in all of your information
mapping requirements
intierramapping.com/index.asp
http://gateway.cotr.bc.ca/Default.asp
World www.goldstandardinstitute.com/index.html
2010 Worldwide Mining Events Calendar
http://www.infomine.com/events/calendar/2010/
Resource Investment Conference -
Vancouver Convention and Exhibition Centre
http://www.cambridgehouse.ca/index.html
http://www.cambridgehouse.ca/ch_register.html
Useful PM related sites:
http://www.24hgold.com/
http://www.jsmineset.com/
http://www.marketwatch.com/
http://www.mineweb.com/
http://www.gold-eagle.com/
http://www.kitco.com/
http://www.usagold.com/
http://www.usagold.com/amk/usagoldmarketupdate.html
http://www.GoldSeek.com/
http://www.GoldReview.com/
http://www.capitalupdates.com/
http://www.dailyreckoning.com/
http://www.goldenbar.com/
http://www.silver-investor.com/
http://www.thebulliondesk.com/
http://www.sharelynx.com/
http://www.mininglife.com/
http://www.financialsense.com/
http://www.fgmr.com/
http://www.goldensextant.com/
http://www.goldismoney.info/index.html
http://www.howestreet.com/
http://www.depression2.tv/
http://www.un-debt.net/
http://www.minersmanual.com/minernews.html
http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.goldcolony.com/
http://www.miningstocks.com/
http://www.mineralstox.com/
http://www.freemarketnews.com/
http://www.321gold.com/
http://www.silverseek.com/
http://www.investmentrarities.com/
http://www.kereport.com/ (Korelin Business Report -- audio)
http://www.plata.com.mx/plata/home.htm (in Spanish)
http://www.plata.com.mx/plata/plata/english.htm (in English)
http://www.resourceinvestor.com/
http://www.miningmx.com/
http://www.prudentbear.com/
http://www.dollarcollapse.com/
http://www.kitcocasey.com/
http://000999.forumactif.com/
http://www.golddrivers.com/
http://www.goldpennystocks.com/
http://www.oroyfinanzas.com/
http://www.goldcore.com/
http://coininfo.com/
http://www.insidegold.com/
http://www.goldmau.com/
http://www.milesfranklin.com/
http://www.silverminers.com/
http://www.gold-speculator.com/
http://bullion.nwtmint.com/
http://www.preciousmetalsmonthly.com/
http://www.silverstockreport.com/
http://www.longwavegroup.com/
http://theaureport.com/
Subscription sites:
http://www.lemetropolecafe.com/
http://www.marketforceanalysis.com/
http://www.hsletter.com/
http://www.interventionalanalysis.com/
http://www.investmentindicators.com/
http://www.caseyresearch.com/
http://www.deepcaster.com/
http://www.vrtrader.net/
Eagle Ranch discussion site:
http://os2eagle.net/SSL/phpentry.php
Ted Butler silver commentary archive:
http://www.investmentrarities.com/
http://cambridgehouse.com/
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