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Green River Gold Receives Drill Permit for 6000 Meters of Drilling at the Quesnel Nickel Project and a Bulk Sampling Program
https://www.newsfilecorp.com/release/200298
March 04, 2024 8:29 AM EST | Source: Green River Gold Corp.
Highlights:
A five-year area-based exploration permit has been approved
Twenty surficial drill holes of 300 meters each have been approved for 2024
A 3,999 tonne bulk sampling program has been approved
Multiple trenches have been approved
Edmonton, Alberta--(Newsfile Corp. - March 4, 2024) - Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the "Company" or "Green River) is pleased to announce the application to expand mineral exploration activities at the Company's 100% owned Quesnel Nickel Project has been approved.
About Green River Gold Corp's Exploration Plan
The Company's mineral exploration permit has been approved for 5 years, valid until Feb 28, 2029. The exploration team will first target Zone 1 with infill drilling to complete an NI 43-101 compliant resource estimate. The trenching and bulk sampling will be undertaken to obtain samples for metallurgical, mineralogical and processing testing. The main focus of this year's exploration program will revolve around achieving the following primary objectives listed below:
Follow up the man-portable drill program via step-out drilling and begin to delineate the true size of this potential deposit.
Complete the required amount of infill drilling needed to complete the NI 43-101 compliant resource estimate.
Expand and better define the orientation and distribution of the higher-grade ultramafic-hosted nickel mineralization.
Expand the known footprint of the at-surface Zone 1 mineralization containing nickel, magnesium, and other important critical minerals.
Attempt to locate the source of the metallic vein which was intersected by WK-23-01 in 2023. (See previous press release on June 12, 2023. " Green River Gold Provides Drilling Update and Reports Assay Results from the Alteration Zone of Drill Hole WK-23-01, Including 7583 Grams per Tonne Zinc, 4340 Grams per Tonne Lead, 5.3 Grams per Tonne Silver, and 0.158 Grams per Tonne Gold.")
The bulk sampling program will focus on the nickel and magnesium potential , but will also be used to study the metallurgy of the local talc deposit in Zone 1.
The rock samples will be sent to the metallurgy lab to analyze the recovery rate of magnesium, by HCL leaching test (HCL), high-pressure carbonic acid leaching (HPAL) and high-pressure CO2 leaching test. Assays to date have shown an average of approximately 21% magnesium beginning at the bedrock surface.
Perry Little, President and CEO comments, "We are pleased to be able to move on to a deeper drilling program and a significant bulk sampling program after intersecting nickel, magnesium, cobalt and chromium from surface in each of over 50 shallow drill holes drilled to date. Our deepest holes to date have been just over 100 meters, so we look forward to seeing what we intersect as we go three times as deep with the new drill program. The trenching and bulk sampling will also give us a significant amount of material to use for metallurgical testing to determine the optimal recovery methods for the nickel, magnesium and talc encountered on Zone 1."
Green River Gold Corp. is committed to further exploration and development efforts to unlock the full mineral resource potential of this new and exciting multi-element project.
For more information on Green River Gold Corp. and the Quesnel Nickel Project, please visit our website or contact our investor relations team.
Qualified Person:
Stephen P. Kocsis (P.Geo) is the qualified person as defined by National Instrument 43-101 and he has reviewed and approved the technical information in this news release.
About Green River Gold Corp.
Green River Gold Corp. is a dynamic mining company dedicated to sustainable resource development and innovation in the mineral exploration sector. With a strategic focus on identifying and advancing high-potential mining projects, Green River Gold Corp. is committed to creating long-term value for shareholders and stakeholders.
Green River Gold Corp. is a Canadian mineral exploration company focused on its wholly-owned Fontaine Gold Project, Quesnel Nickel/Magnesium/Talc Project, and Kymar Silver Project which are located in renowned mining districts in British Columbia.
The Fontaine Gold and Quesnel Nickel properties cover an area exceeding 200 square kilometers and straddle a 32-kilometre length of the Barkerville and Quesnel Terranes. They are contiguous to Osisko Development Corp.'s mineral claim group containing a proposed mine location at its Cariboo Gold Project.
The Kymar Silver Project (the Project or Property) is located in southeast BC, approximately 28 kilometers west of the town of Invermere in the Golden Mining Division. The Property is made up of two mineral tenures, totaling 1,625 hectares of land, along the southeast flank of Mount Catherine.
For more information contact:
Green River Gold Corp.
Mr. Perry Little - President and Chief Executive Officer
perry.little@greenrivergold.ca
780-993-2193
Additional information about Green River Gold Corp. can be found by reviewing its profile on SEDAR at www.sedarplus.ca
Forward-Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Expressions such as "anticipates", "expects", "believes", "estimates", "could", "intends", "may", "plans", "predicts", "projects", "will", "would" and other similar expressions, or the negative of these terms, are generally indicative of forward-looking information. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information.
In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain, and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.
The securities of the Company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
SOURCE: Green River Gold Corp.
Goliath’s Updated Model Confirms Six New Gold Veins for a Total of 10 Demonstrates Increased Tonnage Potential at Surebet Discovery on Golddigger Property, Golden Triangle, British Columbia
https://ca.finance.yahoo.com/news/goliath-updated-model-confirms-six-120800371.html
Goliath Resources Limited
Mon, March 4, 2024 at 4:08 a.m. PST·11 min read
GOTRF
+4.81%
Infographic 1
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Infographic 2
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Infographic 3
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HIGHLIGHTS:
Generation of the updated structural vein/shear Leap Frog model takes into consideration all the surface and drill data collected (incl. oriented core) as well as the number of mineralized pierce points in each vein to date on the Surebet Discovery. This has resulted in an advanced understanding of the mineralized zones that remain open at Surebet, where 10 veins have now been confirmed, including Surebet (now Surebet Upper), Bonanza and Golden Gate; now two stacked Upper and Lower parallel veins (see images below).
An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/82cf14d6-3075-44eb-9016-333a9db5ffaf
An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/926ff0d0-ac52-4d17-b345-9a24d3921cf2
An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/c7dbf39d-8147-43fb-9d21-e6d2badeda4e
The volume of the Surebet Zone (now Surebet Upper) hosted in the sedimentary units shows a potential range of 28 – 35 million tonnes based on 108 mineralized pierce points that has widths up to 35 meters at 24.44 g/t AuEq. In addition, a secondary vein located approximately 15 meters below Surebet Upper and parallel to it, has been identified shows a potential range of 5 – 7 million tonnes based on 54 mineralized pierce points that has widths of up to 6 meters at 11.94 g/t AuEq. This new vein is named Surebet Lower and remains open.
The volume of the Bonanza Shear is showing a potential range of 12 – 16 million tonnes based on 52 mineralized pierce points that have widths up to 10 meters at 27.94 g/t AuEq, including 3 meters at 46.04 g/t AuEq hosted at the contact between sedimentary rocks and now showing it continues into the volcanic rocks; it remains open.
The volume of the Golden Gate Zone is showing a potential range of 4 – 5 million tonnes based on 52 mineralized pierce points that has widths up to 3 meters at 8.46 g/t AuEq and 3 meters at 22.07 g/t AuEq for the two identified parallel veins Upper and Lower hosted in the volcanic units respectively; they remain open.
The updated structural model has identified six new gold veins that remain open showing potential volume ranges:
Big One (12 – 15 Mt) based on 51 mineralized pierce points that has widths of up to 3 meters at 6.75 g/t AuEq.
Eldorado (8 - 11 Mt) based on 57 mineralized pierce points that has widths of up to 3 meters at 11.39 g/t AuEq.
Surebet Lower (5 - 7 Mt) based on 54 mineralized pierce points that has widths of up to 6 meters at 11.94 g/t AuEq.
Goldzilla (4 - 5 Mt) based on 24 mineralized pierce points that has widths of up to 3 meters at 4.55 g/t AuEq.
Hotspot (2 - 3 Mt) based on 7 mineralized pierce points that has widths of up to 1 meter at 1.00 g/t AuEq.
Whopper (1 - 2 Mt) based on 27 mineralized pierce points that has widths of up to 4 meters at 13.60 g/t AuEq.
The total combined volume ranges from the 10 veins shows 78 - 97 million in potential tonnes.
The advanced structural model based on all drilling to date has confirmed key areas where further drilling could provide additional continuation of the extension of mineralized horizons as well as vectoring in on the possible mineralized feeder source.
Detailed surface mapping of the Surebet area also has played a major role in clearly defining the structural controls on the vein and consequently the gold mineralization (see image below).
An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/25b2d0e7-69fb-420e-bfb2-39e18b60835e
TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is please to share a significant update on the work being carried out on the Surebet Discovery at its 100% controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia. The Company has updated the structural vein model of the Surebet Discovery that integrates drill data from the 2021 to 2023 (oriented core), all the surface data collected and the total number of mineralized pierce points in each vein to date. The new model suggests a total combined range of 78 to 97 million potential tonnes. In addition to the previously reported Surebet Zone, Bonanza Shear and Golden Gate Zone, 6 newly discovered gold veins have been identified that also remain open.
The updated structural vein/shear model resulted in a greater understanding of the mineralized zones on the Surebet Discovery, where 10 veins have now been identified, including Surebet (now Upper Surebet), Bonanza Shear and Golden Gate (now Upper and Lower veins).
The 6 newly identified veins include: Big One, Eldorado, Surebet Lower, Goldzilla, Hotspot, and Whopper. The new structural model was built taking into consideration the structural data obtained from oriented drill core collected between 2021 and 2023, structural information from surface sampling and mapping as well as the number of mineralized pierce points in each vein and their locations.
They are the result of incorporating a number of mineralized intervals that were not previously associated with Surebet Zone, Bonanza Shear and Golden Gate Zone as well as some mineralized intervals that have been re-assigned based on new structural information. Detailed surface mapping of the Surebet area also has played a major role in clearly defining the structural controls on the veins and consequently the gold mineralization.
The advanced structural model together with information from detailed surficial mapping has vectored in on the key areas where drilling should provide additional continuation and extension of gold mineralized horizons focussed on building estimated ranges of potential tonnage moving forward.
The Company is in the process of designing a highly focussed drill program for the 2024 drill season. It’s designed to delineate the full extent of gold mineralization, expand the potential tonnage which remains wide open for expansion and additional discoveries as well as vectoring in on the possible feeder source. In addition, the Golddigger 2024 drill program may include a maiden drill program on the newly discovered Treasure Island and Full Contact targets on the Cambria Icefield claims to the north of Surebet.
Golddigger Property
The Golddigger Property is 100% controlled covering an area of 64,264 hectares (158,800 acres) and is in the world class geological setting of the Eskay Rift within the Golden Triangle of British Columbia and within 3 kilometers of the ‘Red Line’ that is host to multiple world class deposits.
The Surebet discovery has exceptional metallurgy with gold recoveries of 92.2% inclusive of 48.8% free gold from gravity alone at a 327-micrometer crush (no deleterious elements and no cyanide required to recover the gold based on metallurgical work completed to date).
It is in an excellent location in close proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tide water with direct barge access to Prince Rupert (190 kilometers via the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometers from Terrace, 300 kilometers from Prince Rupert) and has a barge landing, dock, and infrastructure capable of housing at least 300 people, including high-tension power.
Additional infrastructure in the area includes the Dolly Varden Silver Mine Road (only 7 kilometers to the East of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometers to the south of the Surebet discovery) and high-tension power (25 kilometers to the East of Surebet discovery). The city of Terrace (population 16,000) provides access to railway, major highways, and airport with supplies (food, fuel, lumber, etc.), while the town of Prince Rupert (population 12,000) is located on the west coast and houses an international container seaport also with direct access to railway and an airport with supplies.
Qualified Person
Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resource Limited projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.
Other
The potential quantity and grade ranges are conceptual in nature, and that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the Surebet Discovery being delineated as a NI 43-101 compliant mineral resource and is subject to change. Goliath’s conceptual Leap Frog structural vein/shear model takes into consideration and is based on: all structural data collected from surface and logged drill core (incl. oriented core), specific gravity (SG) of 2.93 x cubic meters from the area drilled, weighted average of all mineralized grades/widths from all 222 diamond drill hole pierce points assayed inclusive of the 2023 program.
Oriented HQ-diameter or NQ-diameter diamond drill core from the drill campaign is placed in core boxes by the drill crew contracted by the Company. Core boxes are transported by helicopter to the staging area, and then transported by truck to the core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX DepositTM. Drill holes were planned using Leapfrog GeoTM and QGISTM software and data from the 2017-2022 exploration campaigns. Drill core containing quartz breccia, stockwork, veining and/or sulphide(s), or notable alteration are sampled in lengths of 0.5 to 1.5 meters. Core samples are cut lengthwise in half, one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. Standards, blanks and duplicates were added in the sample stream at a rate of 10%.
Grab, channels, chip, and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples were then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, standards, and duplicate samples were inserted regularly into the sample sequence at a rate of 10%.
All samples are transported in rice bags sealed with numbered security tags. A transport company takes them from the core shack to the ALS labs facilities in North Vancouver. ALS is either certified to ISO 9001:2008 or accredited to ISO 17025:2005 in all of its locations. At ALS samples were processed, dried, crushed, and pulverized before analysis using the ME-MS61 and Au-SCR21 methods. For the ME-MS61 method, a prepared sample is digested with perchloric, nitric, hydrofluoric, and hydrochloric acids. The residue is topped up with dilute hydrochloric acid and analyzed by inductively coupled plasma atomic emission spectrometry. Overlimits were re-analyzed using the ME-OG62 and Ag-GRA21 methods (gravimetric finish). For Au-SCR21 a large volume of sample is needed (typically 1-3kg). The sample is crushed and screened (usually to -106 micron) to separate coarse gold particles from fine material. After screening, two aliquots of the fine fraction are analysed using the traditional fire assay method. The fine fraction is expected to be reasonably homogenous and well represented by the duplicate analyses. The entire coarse fraction is assayed to determine the contribution of the coarse gold.
The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.
About Goliath Resources Limited
Goliath Resources Limited is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. All of its projects are in world class geological settings and geopolitical safe jurisdictions amenable to mining in Canada.
For more information please contact:
Goliath Resources Limited
Mr. Roger Rosmus
Founder and CEO
Tel: +1.416.488.2887
roger@goliathresources.com
www.goliathresourcesltd.com
Widths are reported in drill core lengths and the true widths are estimated to be 80-90% and AuEq metal values are calculated using: Au 1924.79 USD/oz, Ag 22.76 USD/oz, Cu 3.75 USD/lbs, Pb 2128.75 USD/ton and Zn 2468.50 USD/ton on December 23, 2023. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp where Goliath’s project is located such as the Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment on the Homestake Ridge Gold Project, prepared by Minefill Services Inc. Bothell, Washington, dated May 29, 2020). Here, AuEq values were calculated using 3-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Gold were 85.5%, Silver at 74.6%, Copper at 74.6% and Lead at 45.3%. It will be assumed that Zinc can be recovered with the Copper at the same recovery rate of 74.6%. The quoted reference of metallurgical recoveries is not from Goliath’s Golddigger Project, Surebet Zone mineralization, and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such as in a Feasibility Study can be eventually completed on the Golddigger Project.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release.
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 Goliath’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the ability of the Company to complete financings and its ability to build value for its shareholders as it develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Goliath. Although such statements are based on management's reasonable assumptions, there can be no assurance that the proposed transactions will occur, or that if the proposed transactions do occur, will be completed on the terms described above.
The forward-looking information contained in this release is made as of the date hereof and Goliath is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.
The securities referred to herein have not been and will not be will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.
Osisko Development Secures US$50 Million Funding to Commence Underground Development at Cariboo Gold Project
https://ca.finance.yahoo.com/news/osisko-development-secures-us-50-120500913.html
Osisko Development Corp.
Mon, March 4, 2024 at 4:05 a.m. PST·5 min read
ODV
+0.71%
ODVWZ
-9.38%
MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the Company has entered into a credit agreement with National Bank of Canada (the "Lender") providing for a US$50 million delayed draw term loan (the "Credit Facility"), through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("Barkerville").
The Credit Facility will be exclusively used to fund ongoing detailed engineering and pre-construction activities at the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada. This includes the commencement of an underground development drift from the existing Cow Portal into the Project’s mineral deposit at Lowhee Zone and extraction of 10,000 tonnes of material under an existing permit from the Province of BC.
Sean Roosen, Chairman and CEO, commented, "We are very pleased to secure funding that will enable us to commence the development of a 1.2 kilometer underground drift at Cariboo and advance important design and engineering work ahead of the anticipated receipt of permits in Q2 2024. Completing this work is a significant step in further de-risking the Project ahead of a construction decision by accessing the orebody and demonstrating the performance of the roadheader and ore sorter technologies, while we continue to progress toward sourcing a fully-funded solution for the Project. Importantly, this facility is non-dilutive with no early repayment penalties, and provides us with financial flexibility to refinance the facility prior to maturity. We appreciate National Bank's strong support towards our vision of building Canada's next gold mining district at Cariboo. Although the facility does not extend to our Tintic Project, it provides for more efficient capital allocation of our existing cash resources as we advance our ongoing porphyry drilling efforts and exploration of epithermal gold targets at Tintic."
KEY TERMS OF THE CREDIT FACILITY
Credit Limit: US$50 million.
Term & Maturity Date: 12 months from the closing date, being March 1, 2025, which may be extended, at the Lender's sole and absolute discretion, to August 1, 2025, upon written request by the Company at any time between December 1, 2024, and February 1, 2025 (the "Maturity Date").
Repayment: The full outstanding credit under the Credit Facility, and all accrued and unpaid interest thereon, shall be repaid on the Maturity Date.
Interest rate: The draws made under the Credit Facility can be by way of a base rate loan or a term benchmark loan, on which differing interest rate will apply. Interest will be payable on the outstanding principal amount at a rate per annum equal to the following, provided that each such rate shall be increased by 0.50% per annum each 90 days following March 1, 2024:
For a Base Rate Loan: the greater of (i) the federal funds effective rate plus 0.50% and (ii) the National Bank variable rate of interest for United States dollar loans in Canada, plus (iii) 4.00% per annum.
For a Term Benchmark Loan: (i) the Secured Overnight Financing Rate ("SOFR"); plus (ii) an additional 0.10% / 0.15% / 0.25% per annum for one / three / six month draws, respectively, plus (iii) 5.00% per annum.
Voluntary Prepayments: Subject to the terms and conditions of the credit agreement, the Company may prepay the outstanding loans under the Credit Facility at any time, subject to a minimum prepayment amount of US$1 million.
Mandatory Prepayments: Mandatory prepayments are required in certain events, including in the case of asset dispositions, debt incurrence and equity raises, for which 100% of the net cash proceeds must be prepaid and a change of control, for which all of the obligations under the Credit Facility must be prepaid.
Security: The obligations under Credit Facility are guaranteed by the Company and secured by a first-ranking security interest against all of the present and future assets and property of Barkerville and the shares of Barkerville as held by the Company.
Representations, Warranties and Covenants: The credit agreement contains terms and conditions with respect to the Credit Facility customary for a transaction of this nature, including representations, warranties, borrower covenants, permitted liens and indebtedness, assignment rights and events of default. Specifically, the Company covenants to maintain its tangible net worth (being shareholders' equity less goodwill and intangible assets) to be at least C$500 million as calculated as at the last day of each fiscal quarter and the Company and Barkerville, on a consolidated basis, shall maintain liquidity (being all unrestricted cash plus available credit under the Credit Facility) of at least C$25 million as of the last day of each fiscal quarter.
Fees: In connection with the Credit Facility and National Bank’s services, the Company agreed to pay the following fees to National Bank: (a) an upfront fee of 2.00% per annum on the principal amount, which has been paid in full; (b) a ticking fee equal to 1.00% of the committed principal amount of the Credit Facility, calculated on annualized basis, accruing daily commencing 30 days from the December 20, 2023 until January 31, 2024, which amount has been paid in full by the Company; and (c) duration fees of: (i) 0.75% of the committed principal amount, payable as of May 30, 2024 if the Credit Facility remains outstanding on such date; (ii) 1.00% of committed principal amount, payable as of August 28, 2024 if the Credit Facility remains outstanding on such date; and (iii) 1.25% of committed amount, payable as of November 26, 2024 if the Credit Facility remains outstanding on such date.
The summary of the key terms of the Credit Facility above is qualified in its entirety by the full text of the Credit Agreement, a copy of which will be available on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile.
ABOUT OSISKO DEVELOPMENT CORP.
Osisko Development Corp. is a North American gold development company focused on past-producing mining camps located in mining friendly jurisdictions with district scale potential. The Company's objective is to become an intermediate gold producer by advancing its 100%-owned Cariboo Gold Project, located in central B.C., Canada, the Tintic Project in the historic East Tintic mining district in Utah, U.S.A., and the San Antonio Gold Project in Sonora, Mexico. In addition to considerable brownfield exploration potential of these properties, that benefit from significant historical mining data, existing infrastructure and access to skilled labour, the Company's project pipeline is complemented by other prospective exploration properties. The Company's strategy is to develop attractive, long-life, socially and environmentally sustainable mining assets, while minimizing exposure to development risk and growing mineral resources.
For further information, visit our website at www.osiskodev.com or contact:
Sean Roosen
Philip Rabenok
Chairman and CEO
Director, Investor Relations
Email: sroosen@osiskodev.com
Email: prabenok@osiskodev.com
Tel: +1 (514) 940-0685
Tel: +1 (437) 423-3644
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Certain statements contained in this news release may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation (together, "forward-looking statements"). These forward-looking statements, by their nature, require Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Forward-looking statements are not guarantees of performance. Words such as "may", "will", "would", "could", "expect", "believe", "plan", "anticipate", "intend", "estimate", "continue", or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward-looking statements. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including the assumptions, qualifications and limitations relating to advancement and development of the Cariboo Gold Project, the use of proceeds of the funds drawn down from the Credit Facility, the impact of the Credit Facility on the Company and its financial position and allocation, the contemplated work plan and activities at the Cariboo Gold Project and the scope thereof and associated costs thereto, the ability of the Company to receive permits in the timing contemplated (if at all), the ability of the Company to build the next gold mining district at Cariboo, the ability to reach a construction decision in respect of the Cariboo Gold Project and the timing thereof (if at all), the impact and performance of roadheader and ore sorter technologies and the ability of the Company to fulfill the conditions for drawdowns under the Credit Facility. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including risks associated with fulfilling the conditions to a drawdown under the Credit Facility; the ability of the Company to comply with covenants under the Credit Facility; risks related to exploration and potential development of the Cariboo Gold Project; the accuracy of the estimated costs for the development activities at the Cariboo Gold Project and risks relating to cost overruns; risks relating to performance of technologies deployed at the Cariboo Gold Project; the ability to seek additional funding for the Cariboo Gold Project and the Tintic Project; business and economic conditions in the mining industry generally; fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the issuance of required permits within the timeframe contemplated; regulatory framework and presence of laws and regulations that may impose restrictions on mining; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; and other risk factors facing the Company as disclosed in the Company's most recent annual information form, financial statement and management's discussion and analysis as well as other public filings on SEDAR+ (www.sedarplus.ca) and SEC's EDGAR website (www.sec.gov) under the Company's issuer profile.
Although the Company's believes the expectations conveyed by the forward-looking statements are reasonable based on information available as of the date hereof, no assurances can be given as to future results, levels of activity and achievements. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. Forward-looking statements are not guarantees of performance and there can be no assurance that these forward-looking 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.
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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Kodiak Uses VRIFY's Artificial Intelligence Software to Optimise Exploration and Drill Targeting
https://www.newsfilecorp.com/release/200252
March 04, 2024 6:00 AM EST | Source: Kodiak Copper Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") today reports that it has entered into an agreement with VRIFY to use its advanced Artificial Intelligence (AI) mineral targeting software to enhance exploration and drilling at its 100% owned MPD copper-gold porphyry project in southern British Columbia.
Exploration results from the MPD project continue to expand the number of drill-confirmed zones and prospective target areas, which now stand at over 20 mineralized centres. Kodiak's management views AI technologies as a promising method to help prioritize drilling more efficiently and cost-effectively.
Data from MPD was analysed by VRIFY's AI software with the aim of predicting areas with a high probability of mineralization. Initial results of the AI analysis are encouraging and highlight drill targets already identified by Kodiak, in addition to a number of new prospective areas (Figure 1). New areas identified by VRIFY AI will be investigated as part of the 2024 exploration program. Moving forward, the dynamic nature of the VRIFY AI driven geo-targeting system is expected to result in more real-time and adaptable exploration strategies at MPD.
Kodiak will be featured at VRIFY's booth (#3321) at the Investors Exchange of the PDAC conference and will present the results to date from the AI analysis at MPD in a fully interactive 3D presentation. We invite you to attend the VRIFY AI launch event on Monday March 4 at 1pm or visit the booth anytime thereafter, to meet the Kodiak and VRIFY teams and learn more. A VRIFY AI 3D model of MPD will be available on Kodiak's website in due course.
Claudia Tornquist, President and CEO of Kodiak, said, "I have no doubt that AI will revolutionize mineral exploration by vastly improving the integration and evaluation of large geological data sets, thus accelerating drill targeting, enhancing efficiency and reducing exploration costs. We are thrilled by the initial results from our work with VRIFY. Their powerful mineral targeting software fuses cutting-edge AI technology with human expertise in an iterative process, capable of validating existing targets and generating potential new ones at a rapid pace. MPD is well suited to AI-enhanced exploration as it is a treasure trove of data, with Kodiak's extensive project database complemented by historic information spanning many decades. VRIFY AI is an exciting new addition to Kodiak's exploration toolkit and we look forward to applying its full potential at MPD."
Figure 1: Screenshot of VRIFY AI 3D geo-targeting model at MPD North area. Peaks and colour contours rank predictive areas for Cu-Au-Mo mineralization. In addition to identifying known targets (spheres with white text) VRIFY AI modelling selected new prospective areas that will be followed-up in 2024 (black boxes with yellow text and arrows)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3803/200252_0ee9d4c2f499ca9e_002full.jpg
Jeff Ward, P.Geo, Vice President Exploration and the Qualified Person as defined by National Instrument 43-101, has approved and verified the technical data used in the VRIFY AI mineral targeting software and information contained in this news release. The historic data used herein is believed to be from reliable sources using industry standards at the time, based on Kodiak's review of available documentation and select verification work. However, the Company has not independently validated all historic work, and the reader is cautioned about its accuracy.
On behalf of the Board of Directors
Kodiak Copper Corp.
Claudia Tornquist
President & CEO
For further information contact:
Nancy Curry, VP Corporate Development
ncurry@kodiakcoppercorp.com
+1 (604) 646-8362
About VRIFY Artificial Intelligence
VRIFY's artificial intelligence ("AI") targeting system uses a combination of deep learning and computer vision architectures to train predictive models with data from various exploration features like drillholes, rock geochemistry, and mineral occurrences. VRIFY's system then combines data embedding with supervised predictive models to generate a prospectivity score, enabling probabilistic predictions of mineralized areas. The approach leverages complex data relationships to predict mineral exploration targets, streamlining the process of identifying viable mineral deposits. The automation of target generation will allow the trained model to be updated quickly with new data from ongoing exploration work. By using locally trained models, VRIFY will be able to deliver prediction accuracy metrics and feature importance maps, giving true insight into exploration vectors.
The VRIFY modeling is conducted by compiling the exploration data into a gridded data space. Feature engineering steps include, geophysical standard filtering such as vertical derivatives ("FVD"), tilt angle (tilt) and other Fourier filtering. Geological information from outcrops is used to generate a probabilistic lithological map and geochemical data is interpolated using a random forest regression process. The feature engineering process is validated using statistical evaluation of the products together with visual validation. All exploration features are then compiled as entry to the VRIFY targeting algorithm. Learning examples are derived from known mineralized samples established from drillholes, surface sampling, etc.
The available learning data points are separated between training and validation sets in order to train and test the algorithm. This allows VRIFY to evaluate the performance metrics associated with the predictive modeling. Together with a stochastic approach in modeling, the results can be evaluated and an uncertainty factor can be associated to each of the AI defined targets.
About Kodiak Copper
Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA that have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits. The Company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, a mining district with producing mines and excellent infrastructure. MPD has all the hallmarks of a major, multi-centered porphyry system. Kodiak made an initial discovery of a high-grade porphyry centre of significant size at the Gate Zone and has since successfully outlined multiple kilometre-scale mineralized zones across the large MPD property. With more target areas yet to be tested, Kodiak continues to systematically explore the project to build critical mass and demonstrate MPD's district-scale potential. The Company also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine.
Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.
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.
Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks, and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors, and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance 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 benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or results or otherwise.
SOURCE: Kodiak Copper Corp.
Talisker Intersects 24.41 g/t Au over 1.50 metres from the Bralorne Gold Project Resource Conversion Program
https://ca.finance.yahoo.com/news/talisker-intersects-24-41-g-000000183.html
Talisker Resources Ltd.
Thu, February 29, 2024 at 4:00 p.m. PST
Pacific Empire Provides Update on Airborne MobileMT Survey at Trident
Presenting at Metals Investor Forum in Toronto
https://www.newsfilecorp.com/release/200029
March 01, 2024 6:00 AM EST | Source: Pacific Empire Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2024) - Pacific Empire Minerals Corp. (TSXV: PEMC
Taranis Updates Mineral Resource, Thor Indicated and Inferred Tonnes Grow by Respectively 78% and 41%
https://www.accesswire.com/836708/taranis-updates-mineral-resource-thor-indicated-and-inferred-tonnes-grow-by-respectively-78-and-41
Monday, 26 February 2024 04:05 PM
ESTES PARK, CO / ACCESSWIRE / February 26, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSXV:TRO)(OTCQB:TNREF)
Moon River Capital to Acquire 25% Interest in the Endako Molybdenum Mine
https://www.newsfilecorp.com/release/199646
February 28, 2024 7:30 AM EST | Source: Moon River Capital Ltd.
Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - Moon River Capital Ltd. (TSXV: MOO)
TDG Gold Reports Extensive Copper-Gold Signature Over the Baker Complex, Toodoggone
https://www.accesswire.com/837263/tdg-gold-reports-extensive-copper-gold-signature-over-the-baker-complex-toodoggone
Wednesday, 28 February 2024 07:00 AM
WHITE ROCK, BC / ACCESSWIRE / February 28, 2024 / TDG Gold Corp. (TSXV:TDG) (the "Company" or "TDG") is pleased to announce the results of the 2023 Lithic Drainage Sampling ("LDS") survey conducted over TDG's ~42 square kilometre ("sq.km") Baker Complex, and also Greater Shasta-Newberry, covering multiple defined exploration target areas1 including the historical Baker A- and B-Veins and Shasta deposit that were mined intermittently between 1986-2012. TDG's 2021-2023 exploration work is the first property-wide, systematic program focused on the copper-gold-molybdenum ("Cu-Au-Mo") porphyry potential across the Baker Complex. Modern assay results from historical drillcore at the Baker B-Vein published by TDG in July to September 2023 demonstrate the presence of broad intervals up to 100 metres ("m") of Cu, Au and silver ("Ag") mineralization from near surface that was not previously mined.
In August 2023, TDG undertook a specialist geochemical survey collecting lithic drainage samples from the network of creeks and gullies across the Baker Complex and Greater Shasta-Newberry. The results indicate loci of higher Cu-Au-Mo against a background of elevated Cu across extensive portions of the Baker Complex (Figure 1). Higher Au-Ag concentrations are dominant in areas where Au-Ag epithermal mineralization is already known to exist, which helps to validate the LDS survey approach (Figure 2).
Figure 1 - Lithic Drainage Sample Results for Cu.
Steven Kramar, TDG's VP Exploration, commented: "The LDS survey results show, for the first time, how extensive the copper signature is across the Baker Complex. Historical exploration was gold-silver focused and yet multiple academic studies have hinted at the potential1 for one or more shallow, intrusive-related copper-gold-molybdenum porphyries at Baker that may have also generated the epithermal gold-silver deposits like Shasta."
Results Summary
The maps above and below show consistently elevated Cu, Au, Ag and Mo concentrations across the Baker Complex and Greater Shasta-Newberry. The top quartile of assay results for Cu-Au-Mo appears to be concentrated into two, large footprint areas: (i) the broader area around the historical Baker mine, which was explored for its gold-silver potential, and (ii) Saunders, which has historically seen minimal exploration and evaluation for its mineral potential. Figure 4 presents areas1 with elevated tellurium ("Te") concentrations, and Te is an element commonly associated with mineralized intrusions, such as porphyry Cu-Au-Mo systems. Maps for lead ("Pb") and zinc ("Zn") display broadly similar distribution patterns.
This multi-element coincident data strongly supports the concept that Baker represents a large-scale mineralized system, as does the data for Saunders. Integration is ongoing of the LDS results with the regional-scale silt geochemical samples and modern geophysics. TDG's aim is to define prioritized, drill-ready targets1 within the Baker Complex to help focus and inform potential joint venture discussions.
1. Baker Mine Area
The Baker mine area1 is marked by a distinctive 15 sq.km circular, dome-like physiographic feature. Within and around this dome-like landscape feature, extensive gossans indicative of a high sulphide endowment and widespread porphyry alteration coincide with multiple geochemical and geophysical anomalies. Historical drilling undertaken at Baker was shallow and focused on Au-Ag epithermal mineralization.
2. Saunders
The Saunders target area1 covers ~10 sq.km and has never been drill tested. It comprises multiple historical prospects with minimal exploration. The LDS survey results indicate the presence of the highest stream sediment pathfinder element anomalies across the whole Baker Complex. Cu and Mo concentrations within the Saunders area are in the top 5% of all the samples collected in the 2023 survey.
Figure 2 - Lithic Drainage Sample Results for Au.
Figure 3 - Lithic Drainage Sample Results for Mo.
Figure 4 - Lithic Drainage Sample Results for Te.
Figure 5 - Lithic Drainage Sample Results Ag.
Greater Shasta-Newberry
LDS sampling results from Greater Shasta indicate highly anomalous Au and Ag from drainages, particularly where the Shasta mineral resource2 has already been defined (Figure 5 above). Elevated Au-Ag in the vicinity of a defined Mineral Resource Estimate2 (news release May 01, 2023) provides support for the LDS technique as a prospecting method. Other highlights include the Cody Lee and Fisher target areas1 which have had limited, but successful historical drilling and are open in all directions (news releases Apr 03 and Apr 06, 2023). The LDS survey has also highlighted the potential to expand the mineralized footprint at Newberry1 which has never been drill tested.
Sample Collection and Analytical Method
TDG's 2023 LDS survey utilized the ‘Barakso Pan' method: a specialized device that collects single-phase fluvial lithic sediment (silt) whilst eliminating most variability due to seasonality or organic chemical components. Samples collected using this approach are consistent between sites and are near-homogeneous in form.
Samples for the 2023 Lithic Drainage Sampling program were managed via rigorous chain of custody, through sample collection, processing, and delivery to the ALS Global laboratory in either North Vancouver or Kamloops, B.C. The samples were logged and collected across the Baker-Shasta and Bot properties by geologists and technicians at sample sites determined to be appropriate for reflecting local sediment sources where practical and possible. Samples selected for sampling were then placed sealed kraft bags, then in security-sealed rice bags before being delivered directly by TDG staff from the Baker Mine site, to Bandstra Transportation Systems in Prince George, ultimately to the ALS Global facility in North Vancouver or Kamloops, B.C. Samples were prepared and analyzed following procedures: PREP-41A for sample preparation and ME-MS41L for super trace (low detection limit) analysis featuring Au, Ag, Cu, Pb, Zn, Mo, Te and other trace elements. Samples of an earlier analysis stream were processed using Au-ICP21 for Au, and ME-MS61 for Ag, Cu, Pb, Zn, Mo, Te and a determination was made to switch methods to achieve a lower detection limit. Information about methodology can be found on the ALS Global website, in the analytical guide (here). Quality Control/Quality Assurance ("QA/QC") was maintained by the lab utilizing laboratory reference materials, blanks and duplicate analyses, where required/applicable.
Qualified Person
The technical content of this news release has been reviewed and approved Steven Kramar, MSc., P.Geo., Vice President, Exploration for TDG Gold Corp., a qualified person as defined by National Instrument 43-101.
1 Mineral Exploration/Exploration Target Area(s): Exploration targets and/or Exploration zones and/or Exploration areas are speculative and there is no certainty that any future work or evaluation will lead to the definition of a mineral resource.
2 Mineral Resource Estimate (MRE): All scientific and technical information relating to the TDG's Shasta Project pertaining to the Mineral Resource Estimate ("Shasta MRE") contained in this news release is derived from the Technical Report dated June 14, 2023 (with an effective date of February 11, 2023) titled "The Toodoggone Portfolio and the 2023 Resource Estimate for the Shasta Deposit" (the "2023 Technical Report") prepared by Sue Bird, MSc., P.Eng. of Moose Mountain Technical Services. The information contained herein in respect of the Shasta MRE is subject to all of the assumptions, qualifications and procedures set out in the 2023 Technical Report and reference should be made to the full text of the 2023 Technical Report, a copy of which has been filed with the securities regulators in each of the provinces of Canada (except Québec) and is available on www.sedar.com.
About TDG Gold Corp.
TDG is a major mineral tenure holder in the historical Toodoggone Production Corridor of north-central British Columbia, Canada, with over 23,000 hectares of brownfield and greenfield exploration opportunities under direct ownership or under acquisition. TDG's flagship projects are the former producing, high-grade gold-silver Shasta and Baker mines, which produced intermittently between 1981-2012, and the historical high-grade gold Mets developed prospect, all of which are road accessible, and combined have over 65,000 m of historical drilling. The projects have been advanced through compilation of historical data, new geological mapping, geochemical and geophysical surveys and, at Shasta, 13,250 m of modern HQ drill testing of the known mineralization occurrences and their potential extensions. In May 2023, TDG published an updated Mineral Resource Estimate for Shasta (see TDG news release May 01, 2023) which remains open at depth and along strike. In January 2023, TDG defined a larger exploration target area adjacent to Shasta (Greater Shasta-Newberry; see TDG news release January 25, 2023). In 2023, TDG published the first modern drill results from the Mets mining lease (see TDG news releases September 07, 2023, September 11, 2023 and November 28, 2023).
ON BEHALF OF THE BOARD
Fletcher Morgan
Chief Executive Officer
For further information contact:
TDG Gold Corp.
Telephone: +1.604.536.2711
Email: info@tdggold.com
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.
Forward Looking Statements
This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as, "demonstrate", "potential", "validate", "expand", "indicate", support", "extensive", "potential", "consistent", "appear", "associate", "strong", "concept", "coincide", "presence", "anomaly" and variations of these words as well as other similar words or statements that certain events or conditions "could", "may", "should", "would" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: whether the LDS sampling results are indicative of the presence of mineralization and whether or not such mineralization has economic potential; whether future exploration programs will successfully define potentially economic mineralization; the timing and availability of funding to support such exploration; accidents, labour disputes and other risks common to the mining industry; the availability of sufficient funding on terms acceptable to the Company to complete the planned work programs; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated, or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
SOURCE: TDG Gold Corp.
Torr Metals Reveals Major Expansion Adjacent to Highway: Three Potential Porphyry Centres Within Multi-Kilometre Copper-Gold Soil Anomalies at the Kolos Project
https://www.newsfilecorp.com/release/199620
February 28, 2024 6:30 AM EST | Source: Torr Metals Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2024) - Torr Metals Inc. (TSXV: TMET) ("Torr" or the "Company") is pleased to announce an additional 857 assay results from the 2023 soil sampling program on the 100% owned Kolos Project, situated along Highway 5, 23 kilometers (km) north-northeast of Merritt, British Columbia. The soil samples, totaling 1753 to date, cover an expanded area of 17.4 km2, revealing significant mineralized envelopes of greater than (>) 200 parts per million copper (Cu) in the Kirby, Lodi, and Ace Zones (Figure 1). New expanded footprints (see January 31, 2024 news release for previous dimensions) to >200 ppm Cu soils include 3.6 km by 1.6 km at Lodi (~476% increase), 1,350 metres (m) by 600 m at Kirby (~56% increase), and 750 m by 300 m at Ace. Moreover, the soil results unveil a vast area of anomalous Cu >100 ppm coinciding with gold (Au) >10 ppb, spanning 15.6 km2, showcasing a substantial mineralizing system with potential for extensions to the northeast and south-southwest (Figure 1).
Highlights:
Groundbreaking Copper-Gold Discovery: The latest soil samples, covering a 4 km by 3.5 km area, showcase impressive values; including 211 soil samples with copper values over 100 ppm and 50 samples surpassing 200 ppm up to 761 ppm (Figure 1). A total of 154 samples yielded >10 ppb Au with 61 samples exceeding 20 ppb, reaching a peak of 725 ppb (Figure 2). Additionally, the promising surficial geochemical results indicate exciting potential for a significant multi-centred copper-gold porphyry discovery.
Unlocking Potential with Pending Assays: The outstanding results of 2023 surficial exploration received to date has revealed promising zones to mineralization with expansive possibilities in all directions. The upcoming results for an additional 1,595 pending soil samples aims to better define and potentially extend mineralization zones for three northern historical mineral occurrences (Helmer, Rea, and Clapperton) within a strategically selected 48 km2 area. Simultaneously, results for 47 pending rock grab samples could enhance potential new discoveries within the Kolos Project, highlighting the untapped opportunities within the Project's boundaries.
Prime Positioning for Success: Strategically located with highway accessibility and having never been drill tested, the Kolos Project resides within a significant porphyry belt in British Columbia. Surrounded by major deposits and long-life mines linked to comparable Late Triassic calc-alkaline and alkaline intrusions, including Highland Valley (30 km northwest), New Afton (30 km north), Copper Mountain (106 km south), and Mount Polley; Kolos stands as a potential game-changer for the region.
Significant Exploration Upside and District-Scale Potential: The Kolos Project boasts six copper-gold-molybdenum occurrences (Lodi, Kirby, Ace, Rea, Helmer, and Clapperton) extending across a 6.5 km trend with limited outcrop. The 2023 surficial exploration program has detected extensive zones of Cu-Au mineralization coinciding with highly magnetic anomalies, mirroring neighboring alkalic porphyry deposits. Ongoing interpretation will scrutinize geochemical pathfinder elements associated with epithermal-porphyry deposits, complemented by the ZTEM survey, paving the way for future drill targeting.
Malcolm Dorsey, President and CEO, commented, "The remarkable findings at Kolos underscore the immense potential of our 2023 exploration efforts. We are uncovering a substantial multi-kilometre trend of undrilled anomalous copper and gold cluster porphyry targets while also strategically positioning Torr as a key player in the prolific Quesnel Trough. These results affirm our commitment to unlocking Kolos' full potential, and we eagerly anticipate further discoveries and opportunities as we continue to receive results."
Figure 1. Soil sample results and target locations on the Kolos Project highlighting footprints of highly anomalous copper in soil (>200 ppm), within an extensive envelope of >100 ppm Cu overlying regional RMI-VD geophysics.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6794/199620_6b2e5367c48969a6_001full.jpg
Figure 2. Soil sample results and target locations on the Kolos Project highlighting footprints of highly anomalous gold in soil (>20 ppb), within an extensive footprint of >10 ppb Au overlying regional RMI-VD geophysics.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6794/199620_6b2e5367c48969a6_002full.jpg
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.sedarplus.ca.
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.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE: Torr Metals Inc.
Doubleview Gold Announces Significant Copper and Gold Intervals, Including 6.94% Copper and 8.29 g/t Gold (11.27% Cu Eq[-Sc]) Over 4 meters, from South Lisle and Main Lisle Zones of Hat Porphyry Polymetallic Deposit
https://www.newsfilecorp.com/release/199246
February 26, 2024 1:10 PM EST | Source: Doubleview Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2024) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038)
Trailbreaker Resources Expands Land Package and Receives Drill Permit for Liberty Copper Property
https://ca.finance.yahoo.com/news/trailbreaker-resources-expands-land-package-124500414.html
Trailbreaker Resources Ltd.
Mon, February 26, 2024 at 4:45 a.m. PST·4 min read
0.00%
Figure 1
Expanded property outline, now covering 12 km of strike extent of the granitic intrusion potentially associated with Cu-Mo porphyry, epithermal gold, and Cu-skarn style mineralization.
VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the expansion of the Liberty property through claim acquisition and staking. The property is now 5,054 hectares in size, covering the mapped granitic intrusion, the copper-molybdenum (Cu-Mo) porphyry and Cu skarn targets, as well as an additional epithermal gold target.
In addition, an existing drilling permit for the Liberty property has been transferred to Trailbreaker. The permit allows Trailbreaker to conduct a first-pass drilling program to test the Liberty Cu-Mo porphyry target. Trailbreaker has initiated a “Request For Proposal” process with drill contractors to conduct a drilling program at Liberty in spring, 2024. This would allow for immediate follow-up exploration if results are favourable.
Message from the President
“By expanding the property, Trailbreaker has secured a first-mover advantage. The existing permit will strategically allow us to drill-test the Cu-Mo porphyry target while also advancing additional targets across the property. When we compare this property to Taseko’s Gibraltar Mine, we understand that these Cu-Mo porphyry systems can be very large and occur in multiple zones associated with the same plutonic body. With limited previous exploration across the property, we feel confident we can expand on the existing target footprint.” – Daithi Mac Gearailt
Liberty Property Description
The Liberty Property is located approximately 60 km northwest of Quesnel, BC. The property is fully accessible by resource roads.
The primary target of the Liberty project is a northwest-trending Cu-Mo ± gold (Au) ± silver (Ag) mobile metal ion (MMI) soil anomaly1 (Figure 1). This overlaps an induced polarization (IP) chargeability1 feature on the margin of the granitic intrusion. A historic drill hole to the south of this coincident anomaly returned an interval of 123.1 m of 0.11% Cu and 0.04% MoS21. For more information on this target see news release dated January 22, 2024 and the Liberty Project webpage.
In addition to the Cu-Mo porphyry target and the Cu-skarn target, which returned assay values of >8% Cu from historic trenching2, the expanded property also covers an epithermal gold target, where epithermal vein textures have been observed in a road cut2. Nearby soil and test pit samples returned anomalous grades of gold (Au) and arsenic (As)2. These may represent a lower-temperature epithermal portion of the hydrothermal system.
Expanded property outline, now covering 12 km of strike extent of the granitic intrusion potentially associated with Cu-Mo porphyry, epithermal gold, and Cu-skarn style mineralization.
Figure 1: Expanded property outline, now covering 12 km of strike extent of the granitic intrusion potentially associated with Cu-Mo porphyry, epithermal gold, and Cu-skarn style mineralization.
Claim Acquisition and Staking
Trailbreaker staked an additional 1,007 hectares of claims along the southeast margin of the previous property boundary in order to cover the entire mapped granitic intrusion and any potential mineralization that may be associated with the intrusion.
As well, Trailbreaker purchased 100% interest in a claim block covering 2,148 hectares adjoining the property and extending it to the northwest of the previous property boundary, covering the northwest extent of the granitic intrusion and the epithermal gold target.
This expansion increases the property size from 1,898 hectares to 5,054 hectares, encompassing known prospective geological settings in the area.
About Trailbreaker Resources
Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker's BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.
Other
For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com.
References
1) https://apps.nrs.gov.bc.ca/pub/aris/Report/32899.pdf/
2) https://apps.nrs.gov.bc.ca/pub/aris/Report/35992.pdf/
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.
TRAILBREAKER RESOURCES LTD.
650 W. Georgia Street, #2110
Vancouver, British Columbia
Canada, V6B 4N9
Telephone:
Facsimile:
604 681 1820
604 681 1864
https://www.TrailbreakerResources.com
https://twitter.com/TrailbreakerLtd.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as "anticipates", "expects", "understanding", "has agreed to" or variations of such words and phrases or statements that certain actions, events or results "would", "occur" or "be achieved". Although Trailbreaker has attempted to identify important factors that could affect Trailbreaker and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Trailbreaker has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking 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. Except as required by law, Trailbreaker does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
PROSPECT RIDGE RESOURCES DISCOVERS A HIGH-GRADE COPPER VEIN SYSTEM ALONG THE NORTHWESTERN EXTENSION OF THE COPPER RIDGE ZONE ON THE KNAUSS CREEK PROPERTY
https://www.newswire.ca/news-releases/prospect-ridge-resources-discovers-a-high-grade-copper-vein-system-along-the-northwestern-extension-of-the-copper-ridge-zone-on-the-knauss-creek-property-843603466.html
Prospect Ridge Resources Corp. Feb 21, 2024, 07:30 ET
VANCOUVER, BC, Feb. 21, 2024 /CNW/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED)
Pacific Empire Announces Engagement of Expert Geophysics Ltd. to Conduct Mobile MagnetoTelluric Survey at Trident
https://www.newsfilecorp.com/release/197685
February 15, 2024 4:30 PM EST | Source: Pacific Empire Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2024) - Pacific Empire Minerals Corp. (TSXV: PEMC)
Independence Gold Intersects 8.32 Metres of 1.19 g/t Gold and 25.60 g/t Silver in the Mint Vein System at the 3Ts Project, BC
https://www.newsfilecorp.com/release/198829
February 22, 2024 8:00 AM EST | Source: Independence Gold Corp
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF)
Artemis Gold Announces Results of Expansion Study for Blackwater Mine
https://www.newswire.ca/news-releases/artemis-gold-announces-results-of-expansion-study-for-blackwater-mine-843638753.html
Artemis Gold Inc. Feb 21, 2024, 17:53 ET
Study outlines opportunity to accelerate expansion; advancing a Tier 1 asset
All amounts in Canadian dollars except where otherwise noted
After-tax NPV of C$3.25 billion at long-term gold price of US$1,800 per ounce ("oz"), after taking into account repayment of Phase 1 Project Loan Facility ("PLF"), as well as the effect of the gold and silver streams
Greater than 500,000 gold equivalent ("AuEq") oz average annual production for first 10 years
Average all-in sustaining costs ("AISC") of US$712/oz gold for first 10 years, placing Blackwater in lowest decile of the global cost curve for gold mines
Average annual free cash flow of approximately C$500 million for first 10 years
Potential for mine life extension
VANCOUVER, BC, Feb. 21, 2024 /CNW/ - Artemis Gold Inc. (TSXV: ARTG)
Moon River Capital Announces Robust Positive Preliminary Economic Assessment of Davidson Molybdenum Project
https://www.newsfilecorp.com/release/198827
February 22, 2024 7:00 AM EST | Source: Moon River Capital Ltd.
North Bay Resources Announces Assays from Copper Island Project: 5.93% Cu Avg. at Pomeroy 1 Zone and 9.06% Cu Avg. at Copper Bell Zone
https://ca.finance.yahoo.com/news/north-bay-resources-announces-assays-140000772.html
North Bay Resources Inc.
Thu, February 22, 2024 at 6:00 a.m. PST·2 min read
NBRI
SKIPPACK, Pa., Feb. 22, 2024 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce previously unreleased assays (with the exception of sample 23CIR-7) at its recently acquired Copper Island Red-Bed Copper Project, located in British Columbia, Canada (press release dated February 16th, 2024). Further, the Company has mobilized for exploration and expects exploration to commence on or about February 26th, 2024. The focus will be the Copper Bell zone (up to 14.7% Cu).
The Company reports Summer 2023 exploration consisted of 8 rock chip samples covering the Pomeroy 1 and Copper Bell zones. The confidential data (B.C. Assessment Report 41377) was recently acquired as part of the property acquisition. Rock chip sampling consisted of sequential leach for oxide, sulphide and residual geochemical analysis. Copper sequential leach (ALS method Cu-PKG06LI involving sulfuric & cyanide leach) identifies oxide, sulphide and residual copper geochemistry. A total of 8 rock samples, ranging from 0.68-1.84 kilograms in weight, of acorn sized rock chips were taken with rock hammer and moil, and placed in marked poly bags and shipped to ALS Chemex Labs Ltd, North Vancouver, BC for Prep-31 & Cu-PKG06LI sequential leach for oxide, sulphide and residual geochemical analysis (Analysis certificate VA23177512):
Pomeroy 1
23CIR-3 7.46% Cu
23CIR-4 8.48% Cu
23CIR-5 4.51% Cu
23CIR-6 3.28% Cu
Average
33 % oxide Cu,
65.4% sulphide Cu
1.6 % residual Cu (native copper)
Copper Bell
23CIR-7 14.7% Cu
23CIR-8 3.42% Cu
Average
22 % oxide Cu,
76.5 % sulphide Cu,
1.5 % residual Cu (native copper)
23CIR-1 and 23CIR-2, taken outside the mineralized zones, generated nominal results.
Historic Exploration and Development Work
Considerable previous work has been performed on the Pomeroy Group copper-silver bearing mineralization. Modern exploration began in 1952-53, when Dodge Copper carried out a detailed exploration program of trenching and diamond drilling. Dodge Copper drilled 145 holes totaling 8800 feet on various deposits. Extensive drilling and trenching of the mineralized zones was completed by Prince Stewart Mines Ltd. in 1972-74. In 2011, the claims were acquired by Copper Island Mines Ltd, and a program of geochemical sampling was carried out on the Pomeroy, Beaver and Colleen Zones. A significant portion of geochemical sampling returned >2% Cu from numerous new & historic copper-silver bearing mineral occurrences (Betmanis, 2012). There are 9 British Columbia MINFILE locations within the Project area (press release dated February 16th, 2024).
Qualified Person
Andris Kikauka (P.Geo) is a Qualified Person in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical content of this news release.
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
jared@northbay-resources.com
northbay-resources.com
215-661-1100
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.
Evergold – Magnetic Survey Over DEM1 Porphyry Prospect, B.C., Reveals New Mirror-Image DEM2 Target to the Southeast
https://ca.finance.yahoo.com/news/evergold-magnetic-survey-over-dem1-120000859.html
Evergold Corp.
Thu, February 22, 2024 at 4:00 a.m. PST·4 min read
EVGUF
0.00%
Figure 1
Key Targets, DEM Property, February 2024 Heliborne Magnetic Survey
TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, WKN: A2PTHZ) (“Evergold” or the “Company”) is pleased to report that a high resolution heliborne magnetic survey over the road-accessible DEM property in central B.C. has been completed, revealing in the process a large new target - designated ‘DEM2’ - of similar scale and geophysical character to the DEM1 porphyry prospect, and centred approximately 4 kilometres to the southeast (Figure 1). The two prospects are separated from each other by a granitic intrusion. The survey was completed in follow-up to a highly encouraging 3-hole reconnaissance drill program carried out late last year on the DEM1 prospect which targeted a multi-element geochemical anomaly in soils overlying compelling strong magnetic, IP chargeability and resistivity anomalies. As reported on January 15, 2024 and highlighted below, the reconnaissance drilling confirmed the presence of a new porphyry system at DEM1, with initial assays (additional assays are pending) demonstrating locally high grades within a broad, low-grade system envelope of such high-value elements as gold, silver, molybdenum, cobalt, tungsten, tellurium and rhenium, indicating a richly mineralized system.
“We continue to methodically advance the DEM property, and the story is only getting better with each step in the process,” said Kevin Keough, President & CEO. “We will be reporting further on our developing plans for the 2024 field season, to potentially include a combination of drilling in follow-up to the impressive early results from last fall’s recon drill program, along with soil geochemical sampling and an induced polarization geophysical survey over the newly identified DEM2 target.”
Highlight intercepts, fall 2023 drill program:
DEM23-01: Partially delineated system envelope (additional assays pending):
135 metres of 0.12 g/t Au and 2 g/t Ag from 6 to 141 metres
Including: high-grade tungsten and silver, with tellurium: 0.32% W, 155 g/t Ag, 5 ppm Te, from 131 to 132 metres
DEM23-02: High-grade porphyry intrusive:
High-grade molybdenum (0.82%), gold (1.2 g/t), silver (8 g/t), rhenium (3.7 g/t) from 299 to 300 metres. Assays of remainder of hole pending
DEM23-03: Partially delineated system envelope (additional assays pending):
48.2 metres of 0.58 g/t Au and 11 g/t Ag from 303 to 351.2 metres
Including: high-grade gold: 11.98 g/t Au and 24 g/t Ag from 339 to 340.5 metres
Including: high-grade cobalt, gold, tellurium: 0.11% Co, 29.5 g/t Au, 22 g/t Ag, 0.19% Cu, 42 ppm Te from 340 to 340.5 metres
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 4 km2 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: Key Targets, DEM Property February 2024 Heliborne Magnetic Survey. Total flight lines 1,489.7 km.
Figure 1 - Key Targets, DEM Property, February 2024 Heliborne Magnetic Survey
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.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a3f3fc4-7f2a-47e6-b063-b84ff3d506ad
Carlyle Drills 0.75 g/t Au over 39m at Newton Gold & Silver Project Confirms New Higher-Grade, near Surface Zone North of the Current Inferred Resource
https://www.newsfilecorp.com/release/198674
February 21, 2024 5:00 AM EST | Source: Carlyle Commodities Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: BJ4) (OTC: CCCFF)
Ascot Provides Construction Update on the Premier Gold Project
https://ca.finance.yahoo.com/news/ascot-provides-construction-premier-gold-135700645.html
Ascot Resources Ltd.
Tue, February 20, 2024 at 5:57 a.m. PST·
VIZSLA COPPER PROVIDES UPDATES ON WOODJAM COPPER-GOLD PROJECT EXPANSION
https://www.newswire.ca/news-releases/vizsla-copper-provides-updates-on-woodjam-copper-gold-project-expansion-845260637.html
Vizsla Copper Corp. Feb 21, 2024, 08:00 ET
VANCOUVER, BC, Feb. 21, 2024 /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) ("Vizsla Copper" or the "Company") is pleased to announce that it has completed the acquisition (the "Acquisition") of a 100% interest in two mineral claims (the "Stope Baby Claims") covering exploration ground contiguous with the Company's Woodjam Copper-Gold Project (the "Woodjam Project").
Figure 1 – Woodjam New Claims Location (CNW Group/Vizsla Copper Corp.)
The Company is also pleased to announce that it has entered into an agreement (the "Purchase Agreement") with an arm's-length, third party vendor (the "Copper Pit Vendor") to acquire a 100% interest in two mineral claims (the "Copper Pit Claims") covering exploration ground contiguous with the Woodjam Project.
Stope Baby Acquisition Details
Further to the Company's news release dated January 16, 2024, the Company issued an aggregate of 200,000 common shares of Vizsla Copper (each, a "Vizsla Copper Share") to arm's length vendors (the "Stope Baby Vendors"). The Company has also granted the Stope Baby Vendors a 2% net smelter returns royalty. Vizsla Copper has the right to purchase 1% of such royalty for $1,000,000 in cash.
Additional details regarding the Acquisition and the Stope Baby Claims are set out in the Company's news release dated January 16, 2024.
Copper Pit Acquisition Details
Pursuant to the Purchase Agreement entered into with the Copper Pit Vendor, Vizsla Copper has agreed to purchase two mineral claims totalling 59.5 ha from the Copper Pit Vendor, free and clear of any encumbrances, in exchange for the issuance of 100,000 Vizsla Copper Shares (the "Consideration Shares"). The Consideration Shares will be subject to a four-month hold period pursuant to applicable Canadian securities laws, after which 25% of the Consideration Shares will become free trading. In addition, the Copper Pit Vendor has agreed to voluntary resale restrictions whereby an additional 25% of the Consideration Shares will become free trading every four months thereafter. The Acquisition is subject to standard closing conditions, including the approval of the TSX Venture Exchange (the "TSXV"), and should close in the coming weeks.
The Woodjam Project
The >90,000-hectare Woodjam Project is located 55 kilometres east of the community of Williams Lake in an area characterized by a low elevation, flat to gently undulating landscape that is easily accessed by logging roads. Geologically, the Woodjam Project is located within the prolific Quesnel Terrane – a large regional depositional belt commonly dominated by alkalic volcanic units and related volcaniclastic lithologies. The Quesnel terrane hosts both alkaline and calc-alkaline porphyry copper+/-gold+/-molybdenum deposits, including the Copper Mountain, New Afton, Highland Valley, Mount Polley, Mount Milligan and Kemess mines.
To date, six zones of porphyry-related mineralization (Megabuck, Deerhorn, Takom, Three Firs, Southeast, Megaton) have been identified at the Woodjam Project by drilling. These six mineralized zones form a cluster approximately 5 kilometres in diameter.
Figure 1 – Woodjam New Claims Location
In 2023 Vizsla Copper completed a total of 7,599 metres in 18 holes successfully extending the Deerhorn and Takom deposits while also intersecting the strongest mineralization to date at the Megaton zone.
About Vizsla Copper
Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The Company is primarily focused on its flagship Woodjam project, located within the prolific Quesnel Terrane, 55 kilometers east of the community of Williams Lake, British Columbia. It has three additional copper exploration properties: Copperview, Redgold and Carruthers Pass, all well situated amongst significant infrastructure in British Columbia. The Company's growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper's vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada and it is committed to socially responsible exploration and development, working safely, ethically and with integrity.
Vizsla Copper is a spin-out of Vizsla Silver (TSX.V: VZLA) (NYSE: VZLA) and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector. Additional information about the Company is available on SEDAR+ (www.sedarplus.ca) and the Company's website (www.vizslacopper.com).
Qualified Person
The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Ian Borg, P.Geo., Senior Geologist for Vizsla Copper. Mr. Borg is a Qualified Person as defined under the terms of National Instrument 43-101.
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.
FORWARD LOOKING STATEMENTS
The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof 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" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to: completion of the acquisition of mineral claims; the Company's growth and business strategies; and the exploration and development of the Company's properties.
Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by 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 forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.
SOURCE Vizsla Copper Corp.
For further information: and to sign-up to the mailing list, please contact: Chris Donaldson, Chief Executive Officer and Director, Tel: (604) 813-3931 | Email: chris@vizslacopper.com
Kodiak 2023 Regional Exploration Identifies New Targets at MPD
https://www.newsfilecorp.com/release/198689
February 21, 2024 6:00 AM EST | Source: Kodiak Copper Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1)
Cariboo Rose Resources: Drilling to Resume at Carbonate Hosted Gold
https://thenewswire.com/press-releases/1LaPFwlgN-drilling-to-resume-at-carbonate-hosted-gold.html
Vancouver, BC – TheNewswire - Feb 20, 2024 - Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSXV:CRB) has been advised by Basin Uranium Corp. (CSE:NCLR) (“Basin Uranium”), who are earning an interest in the Carbonate Hosted Gold Project (“CHG”), that diamond drilling is expected to start before the end of the month.
In 2021 a VTEM airborne geophysical survey was completed by Geotech Airborne Surveys over the Carbonate Hosted Gold (CHG) claim block located near the community of Clinton, BC and identified a number of resistivity and magnetic anomalies near the topographical high end of three silt alluvial dispersion trains. An initial test of some of these conductors was attempted in March 2023 using reverse circulation techniques. This drilling was unsuccessful owing to the inability of the reverse circulation drill to penetrate the overburden with all seven holes abandoned in till at depths ranging from 43 to 64 meters. The current drill program will again target these same anomalies using a diamond drill provided by Paradigm drilling of Kamloops, BC., It is anticipated, subject to costs incurred, that 500 to 600 meters will be drilled.
CHG is located in southern BC in a semiarid setting on the east slope of the Marble Range. A key contributor to the geological concept of CHG is the permissiveness of gold mineralization to carbonate rocks (silty sediments and limestone) as demonstrated by the Muddy Lake deposit in northern BC, the Rackla gold project in the Yukon Territory and the numerous gold deposits in Nevada. Since initiating exploration in 2013 Cariboo Rose has targeted three small drainages sourcing in the Marble Range (limestone dominant) that returned highly anomalous gold analysis in silt with numerous samples returning values ranging from 100 ppb to 929 ppb gold in silt and to greater than 10,000 ppb gold in sluiced silt. These east-flowing drainages source from an area approximately 8 kilometers wide. An interesting observation on the potential of CHG is an excerpt from the Report to the Minister of Mines [British Columbia] 1886 referencing G.M. Dawson of the Geological Survey of Canada; From the report: “Specimens of a jaspery quartz containing free gold and assaying $300 to the ton have been found in the early part of this year in three separate locations within the surveyed bounds of the town of Clinton....” (readers are cautioned to treat this reference with caution owing to its time frame and rudimentary context).
Basin Uranium may earn a 60% interest in CHG by making payments of $300,000 and completing $1,500,000 in exploration by Dec 31, 2027 ($850,000 now completed) and thereafter an additional 10% interest by completing a bankable feasibility study within 24 months.
J.W. (Bill) Morton P.Geo, within the context of the requirements of NI-43-101, is the qualified person who takes responsibility for this news release.
Bill Morton
J.W. (Bill) Morton, P.Geo., President
Cariboo Rose Resources Ltd.
Contact:
Phone: (604) 681-7913, Toll Free: 888-656-6611; email: info@eastfieldgroup.com
About Cariboo Rose Resources Limited
Cariboo Rose owns seven mineral projects in British Columbia. In addition to Carbonate Hosted Gold these are:
-Lightning Strike, shale hosted gold, located east of 100 Mile House, 100% owned.
-Carruthers Pass, massive sulfide, located southwest of Kemess Mine, 100% owned.
-Cowtrail, contiguous with Woodjam project (Vizsla Copper Corp), 60% option to BRS Mining Resources.
-Pat, porphyry copper-gold, contiguous with Vizsla Copper Corp’s Woodjam project, 100% owned.
-Coquigold, epithermal gold, north of Westhaven Gold’s Shovelnose, 70% option to CMP Minerals.
-Koster Dam, gold, located near Black Dome Mine, 55% - 45% joint venture with Discovery Lithium Corp.
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.
Questcorp Mining Plans North Island Copper Program
https://www.newsfilecorp.com/release/197965
February 15, 2024 6:00 AM EST | Source: Questcorp Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2024) - Questcorp Mining Inc. (CSE: QQQ) (the "Company" or "Questcorp") is pleased to announce Company management have recently completed a trip to the North Island Copper Project accompanied by their independent Q.P. Mr. Warren Robb, P.Geo. (BC). The primary goal of the property examination was to define the next stage of the exploration program.
Upon review of the Company's 2021 technical report and historical exploration date, Mr. Robb suggested exploration should be focussed on the Marisa Zone, a porphyry copper target last explored in the 1990's by Great West Gold Corporation. Surface sampling and a preliminary 12.3-line km Induced Polarization (IP) survey identified an interesting chargeability anomaly that was followed up by a five hole, 376.43 meter diamond drilling program. Two of the five holes hit interesting copper values including down hole intervals of 0.078% copper over 56.39 metres in DDH92-01 and 0.041% copper over 70.71 metres in DDH92-03 in an altered quartz diorite. Copper grades were increasing with depth in DDH92-03. These values were never followed up.
"Given the recent excitement generated by our neighbours NorthIsle Copper and Gold Inc., 15km to the west in the same belt of rocks and the proximity to the past producing BHP Island Copper Mine 7.5km to the southeast, the Company feels the Marisa Zone has excellent exploration potential and should be the focus of the next stage of exploration at our North Island Copper project," commented Questcorp. President & CEO, Saf Dhillon.
The Company will consult with Mr. Robb and have an announcement on his recommendations and the details of the next phase of the exploration program shortly.
Questcorp cautions investors a Qualified Person has not verified the historical exploration data and further cautions, the presence of copper mineralization on the NorthIsle Copper and Gold and the BHP properties is not necessarily indicative of similar mineralization on the North Island Copper property.
The technical content of this news release has been reviewed and approved by R. Tim Henneberry', P.Geo (BC) a Director of the Company and a Qualified Person under National Instrument 43-101.
About Questcorp Mining Inc.
Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in Canada. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company's secondary objective is to locate and develop economic precious and base metals properties of merit.
Contact Information
Questcorp Mining Corp.
Saf Dhillon, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031
Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding the Company's listing of its common shares on the Canadian Securities Exchange and the intended use of proceeds from the Offering. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Questcorp Mining Inc.
Cariboo Rose Resources: Cowtrail Project Drill Results
https://thenewswire.com/press-releases/1AJ6FbonP-cowtrail-project-drill-results.html
Vancouver, BC – TheNewswire - Feb 20, 2024 - Cariboo Rose Resources Ltd. (“Cariboo Rose”) (TSXV:CRB)
Teuton Resources/American Creek/Tudor Gold: Updated Mineral Resource Estimate Increases Ounces and Grade for the Goldstorm Deposit at Treaty Creek, British Columbia, with an Indicated Mineral Resource of 27.87 Million Ounces AuEq at 1.19 g/t AuEq
https://thenewswire.com/press-releases/1L7OF356D-updated-mineral-resource-estimate-increases-ounces-and-grade-for-the-goldstorm-deposit-at-treaty-creek-british-columbia-with-an-indicated-mineral-resource-of-27-87-million-ounces-aueq-at-1-19-g-t-aueq.html
February 20, 2024 – TheNewswire - Vancouver, Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE)
North Bay Resources Announces Acquisition of Copper Island Project with Assays up to 14.7% Cu and Appointment of New CEO
https://thenewswire.com/press-releases/1k98F9gy6-north-bay-resources-announces-acquisition-of-copper-island-project-with-assays-up-to-14-7-cu-and-appointment-of-new-ceo.html
February 15th, 2024 – TheNewswire - Skippack, PA – North Bay Resources Inc. (the “Company” or “North Bay”) (OTC:NBRI) is pleased to announce that the Company has entered into an agreement to acquire a 100% interest in the 1056 hectare Copper Island Red-Bed Copper Project (the “Property” or the “Project”), located in British Columbia, Canada, The acquisition agreement (the “Agreement”), dated February 14th 2023, is to acquire the Copper Island Project from Copper Island Mines Ltd. (the “Vendor”) for share and cash payments totalling $550,000 and a minimum work program of $50,000. Recent geochemical exploration (Summer 2023) on the Property has yielded up to 14.7% Cu (B.C. Assessment Report 41377).
The project is proximate to its Wolf Lake Project where recent sampling returned copper values up to 3.12% and gold values up to 22 g/t (see Press Release dated December 14th, 2023).
Project Description
The Copper Island mineral claims are located approximately 15 kilometers north of Campbell River, BC. The Copper Island property features a cluster of small to medium size copper and silver bearing mineral occurrences that collectively, constitute a large resource of high-grade copper. Cu-Ag bearing mineralization within the property is hosted in basaltic/andesitic volcanic rocks of the Lower-Upper Triassic Karmutsen Formation (volcanic hosted Cu-redbed deposit type). Copper-silver bearing minerals include chalcocite, with minor occurrences of chalcopyrite, bornite, native copper, cuprite, malachite and azurite.
Historic Exploration and Development Work
Considerable previous work has been performed on the Pomeroy Group copper-silver bearing mineralization. The first recorded mining in the project area was in 1906- 1907. Modern exploration began in 1952-53, when Dodge Copper Limited carried out a detailed exploration program of trenching and diamond drilling. Dodge Copper Mines drilled 145 holes totaling 8800 feet on various deposits. The Quadra Mining Company acquired the property in 1968 and the property saw relatively continuous exploration and development under various ownership, largely following the rise and fall of copper prices. In 2011, the Pomeroy Group of mineral claims were acquired by Copper Island Mines Ltd. A program of geochemical sampling was carried out and identified several zones of high grade copper located in the Pomeroy 1-4 mineralized zones, as well as new showings adjacent to the known occurrences.
The known ore deposits occur mainly on the surface and have bean drilled, trenched and sampled by Prince Stewart Mines Ltd.
In 2011, the claims were acquired by Copper Island Mines Ltd, and a program of geochemical sampling was carried out on the Pomeroy, Beaver and Colleen Zones. A significant portion of geochemical sampling returned >2% Cu from numerous new & historic copper-silver bearing mineral occurrences (Betmanis, 2012). In 2020, Copper Island carried out geochemical sampling over the Pomeroy 2, 3 & 4 Zones. Results of rock sampling in 2020. Each of the 4 rock chip samples were taken across a sample interval width of 30 cm (from outcrop). The results indicate that high-grade copper values (ranging from 5.64-7.64% Cu) with significant silver (19.8-29.4 g/t Ag) values were obtained from rock chip samples from the Pomeroy 2, 3, & 4 mineral zones. Vanadium content of up to 757 ppm V suggests that vanadium bearing minerals are present, and likely linked with increased Fe.
Property Geology and Mineral Occurrences
Note that historic estimates were completed prior to the implementation of National Instrument 43-101and are not compliant with NI 43-101 and, while completed by qualified geologists and/or engineers of their day they are historical in nature.
The following list describes geology & mineralization of nine British Columbia Ministry of Mines, Energy, and Carbon Reduction MINFILE occurrences located within Copper Island mineral claims:
POMEROY 1:
16,500 tons @ 3.67% Cu
POMEROY 2:
PROVEN: 5,000 short tons @ 2.70% Cu
INDICATED: 17,000 tons @ 2.70% Cu
POMEROY 3+4
PROVEN: 972,400 short tons @ 1.22% Cu
INDICATED: 472,000 tons @ 1.62%Cu
POMEROY 5:
53,200 tonnes @ 1.00% Cu
BEAVER 1:
19,375 tons @ 1.74% Cu
HALL:
PROVEN: 5,000 tons @ 3.45% Cu
INDICATED: 50,000 tons @ 2.40% Cu
COPPER BELL 1 + 2: 112,000 tons @ 2.55% Cu
*Reserve Estimates - Sheppard, 1974
Transaction Terms
Under the terms of the Agreement, the Company will be granted (the “Transaction”) the exclusive right to acquire the Project in consideration for completion of a series of cash payments, securities issuances and exploration expenditures, as follows:
On signing, issuance of 1,250,000,000 shares at a deemed price of $0.0002 (Feb. 14th, 2024 closing price) valued at $250,000.
On the one year anniversary (February 15th, 2025) 1,250,000,00 shares at a deemed price of $0.0002 (Feb. 14th, 2024 closing price) valued at $250,000 and cash payment of $50,000.
Complete a work program on the Project of $50,000 within 2 years of signing inclusive of any and all costs associated with the completion of exploration on the Project.
After the completion of the final payment and required exploration work the Project will be assigned to the Company subject to a net smelter royalty of 2% with a buyback of 1% (or 50% of the royalty) exercisable for a period of sixty months in consideration of a one-time cash payment of $1,000,000.
The Vendor is a non-arms length private company controlled by Jared Lazerson, CEO of the Company. Mr. Lazerson is a shareholder of the Vendor.
All securities issued to the Vendor or its shareholders in connection with the Transaction will be subject to a restriction on resale in accordance with applicable securities laws and policies.
CEO Appointment
The Board of Directors has appointed Jared Lazerson as CEO and a Director of the Company replacing Perry Leopold. Mr. Leopold remains a Director of the Company. Mr. Lazerson has been involved in the mineral exploration and technology industries for 25 years. He is the Founder of MGX Minerals and served as the Company's CEO from 2014-2020. During his tenure as CEO of MGX, Mr. Lazerson was responsible for raising $60M and oversaw investments and acquisitions in strategic, industrial, and precious metals and clean and renewable energy technologies. These included magnesium oxide, silicon, niobium, lithium, and gold as well as direct lithium extraction (DLE), lithium-silicon batteries, and zinc-air battery technologies. In 2018, Mr. Lazerson accepted the Standard & Poors Global - Platts Metals Award for Leadership in Base and Specialty Metals on behalf of MGX. Mr. Lazerson remains an independent Director of MGX. Mr. Lazerson is the former CEO of Zinc8 Energy Solutions and Margaret Lake Diamonds and a former Director of Zinc8, Margaret Lake Diamonds, Belmont Resources, Arctic Star Exploration and Foremost Lithium. Mr. Lazerson is involved in a number of global advanced and exploration stage gold, copper, and nickel projects. Mr. Lazerson holds a BA in International Relations from the University of Pennsylvania.
Share Consolidation
A majority of the shareholders of the Company (80%) have approved a share restructuring involving a consolidation of common shares up to 1 new common share for every 500 existing common shares. The approval provides for management to make the final decision on the ratio based on a number of factors including financing and uplisting to the OTXQB/QX or as appropriate NASDAQ exchanges, and regulatory input. The consolidation as approved does not affect preferred shares or convertible instruments at this time. The share consolidation requires regulatory approval.
Employee Incentive Options and Compensation
The Company has approved options under its Employee Incentive Option Plan. The CEO has been issued the right to acquire up to 10% of the issued and outstanding shares of the Company at a price of $0.0002 (February 14th, 2024 closing price) totaling 496,812,596 share purchase options valid for a period of 3 years which will vest immediately. Mr. Lazerson’s compensation as CEO/Director is $180,000 per annum with options based compensation, using the Black-Scholes model, valued at $64,500. Mr. Lazerson will be paid as a consultant.
Qualified Person
Andris Kikauka (P.Geo) is a Qualified Person in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical content of this news release.
On behalf of the Board of Directors of
NORTH BAY RESOURCES INC.
Jared Lazerson
CEO
jared@northbay-resources.com
northbay-resources.com
215-661-1100
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the intended development of the Project, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
Cascade Copper Highlights 2023 Exploration Results And 2024 Programs
Continues Exploration Focus on Canadian Copper Projects
Summary of exploration on Cascade’s five projects in Canada
2024 exploration focus on drilling at three of its five Copper Projects
https://thenewswire.com/press-releases/1k6WFEjYO-cascade-copper-highlights-2023-exploration-results-and-2024-programs.html
Calgary, Alberta – TheNewswire - February 15, 2024. Cascade Copper Corp. (CSE: “CASC”) (“Cascade” or the “Corporation”) is pleased to announce a summary of exploration results at its five copper projects in Canada. It is also pleased to introduce its 2024 exploration programs at all five projects, which includes drilling at three of the five and developing targets at the remaining two.
Jeff Ackert, Cascade’s President comments “Cascade has made some great progress at its copper projects during the 2023 season. Having only listed the company on the CSE in April, I believe we have added value to all projects in a short period of time. Our team has been able to bring a large amount of data together to produce a 3D database for three projects and has initiated the process on the remaining two. Initial field work has also provided new information with encouraging results. Our plans for 2024 include more ‘boots on the ground’ work and core drilling.”
2023 Highlights
Corporate
Listing on the Canadian Securities Exchange (CSE) under the ticker CASC in April.
Completion of an IPO financing of $1M.
Acquisition of Copper Plateau for shares and Centrefire through an earn-in option.
Rogers Creek Copper-Gold Project
3D compilation including IP inversion modelling shows a high priority porphyry style drill ready target.
Hyperspectral survey of historic drill core has been initiated.
Drill permit application submitted.
First Nations engagement with Samahquam.
Fire Mountain Copper-Gold Project
3D compilation including magnetic inversion modelling.
Field work completed including hyperspectral study.
High grade copper, gold, and silver values up to 1.88% Cu, 5.51 g/t Au, and 76.5 g/t Ag.
First Nations engagement with Xa’xtsa7 (Douglas Band).
Bendor Gold Project
LiDAR and airborne magnetics/radiometrics completed.
Compilation of historic data initiated.
Click Image To View Full Size
Figure 1: Location of the Rogers Creek, Fire Mountain, and Bendor Projects in Southwestern BC
Copper Plateau Copper-Gold-Molybdenum Project
New acquisition by an all share purchase for 90% of the project with no royalty or option payments.
High quality historic work including drilling, 3D Array IP, airborne magnetics, radiometrics, and EM.
Porphyry system with copper, gold, silver, and molybdenum mineralization.
Hyperspectral study completed including alteration mapping and sampling.
High grade copper, gold, silver, and molybdenum values up to 11.35% Cu, 1.55 g/t Au, 129 g/t Ag, and 0.17% Mo.
3D compilation initiated.
Click Image To View Full Size
Figure 2: Location of the Copper Plateau Copper-Moly Project in South-Central British Columbia
Centrefire Copper Project
Option to earn 100% and additional staking along strike in VMS and Iron Formation style mineralized prospect in Ontario.
Initial sampling returned excellent copper and gold values up to 2.48% Cu and 1.22 g/t Au.
Compilation of historic data including airborne magnetics and EM, trenching, and drilling.
2024 Exploration Plans
Rogers Creek Copper-Gold Project
Initial drilling up to 1500m in 2-3 holes at Target 1 North.
Ground truth geochemical anomalies at Target 1 South.
Click Image To View Full Size
Figure 3: Priority Target Areas at Rogers Creek
Click Image To View Full Size
Figure 4: Rogers Creek Target I IP Chargeability >30mV/V Anomaly Isoshells (Red Polygons are 2024 Drill Targets)
Fire Mountain Copper-Gold Project
Drilling and exploration permit submission.
Initial IP survey across Inferno Zone.
Mapping and sampling on the Mag-Low Anomaly.
Ground truth historic copper-gold showings including Money Spinner and Lilabet Zones.
Mapping and sampling along new logging road exposures.
Project-wide hyperspectral study of all collected samples.
Develop drill targets.
Click Image To View Full Size
Figure 5: Inferno Zone and Extensions at Fire Mountain
Click Image To View Full Size
Figure 6: Target Areas at Fire Mountain including Inferno, Mag-Low, Money Spinner, and Lilabet
Bendor Gold Project
Complete 3D compilation including inversion of new magnetic data.
Project wide mapping, sampling, and hyperspectral survey.
Develop drill targets.
Click Image To View Full Size
Figure 7: Bendor Location in the Gold Bridge Bralorne Camp
Copper Plateau Copper-Gold-Molybdenum Project
Drilling and exploration permit submission.
Expand IP coverage along strike.
Project wide mapping, sampling, and hyperspectral survey.
LiDAR survey with in-depth structural interpretation.
Scan all historic core with hyperspectral and high resolution photography.
Complete 3D compilation modelling of drilling, IP, magnetics, and hyperspectral analysis.
Develop drill targets and drill up to 1500m.
Figure 8:Copper Plateau IP Chargeability Isoshells with Drillhole Intercepts >500ppm Cu
Figure 9: Copper Plateau Total Magnetic Intensity Showing Historic Drill Collars
Centrefire Copper Project
Drilling and exploration permit submission.
High resolution magnetics and EM surveys with inversion.
Project-wide mapping, sampling, and hyperspectral survey.
LiDAR survey with in-depth structural interpretation.
Trenching and channel sampling of newly stripped and historic zones.
Drill up to 1500m in 4-5 holes.
Click Image To View Full Size
Figure 10:Centrefire 2024 Plans (LiDAR, EM, and Inversion of High-Resolution Magnetics)
Corporate
Equity Financing
Evaluate early to mid-stage, high potential copper exploration projects for low cost and low commitment acquisition.
The Qualified Person responsible for the technical content of this press release is Shannon Baird, P.Geo, Vice President Exploration of Cascade Copper Corp.
About Cascade Copper
The Corporation is an exploration stage natural resource company engaged in the evaluation, acquisition, and exploration of copper based mineral resource properties. Cascade is focused on copper and gold, porphyry and epithermal deposits in British Columbia. Cascade’s priority is to conduct exploration, including drilling on its flagship Rogers Creek Property located in the Coast Mountain Belt of British Columbia, 90 kilometres northeast of Vancouver, in the Southwest Mining Region. Cascade currently has five projects, including the Centrefire Copper Project, the Copper Plateau Copper-Moly Project, the Fire Mountain Copper-Gold Project, the Bendor Gold Project, and the flagship Rogers Creek Copper-Gold Project.
FOR FURTHER INFORMATION, PLEASE CONTACT:
CASCADE COPPER CORP.
Jeffrey S. Ackert, President and CEO
820-1130 West Pender St.
Vancouver, BC V6E 4A4
Telephone: 1 613 851 7699
E-Mail: info@cascadecopper.com
Web: www.cascadecopper.com
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
DISCLAIMER & FORWARD-LOOKING STATEMENTS
This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks and uncertainties. Although these statements are based on currently available information, Cascade Copper Corp. provides no assurance that actual results will meet management’s expectations. Factors which cause results to differ materially are set out in the Company’s documents filed on SEDAR. Undue reliance should not be placed on “forward looking statements.”
Teuton Resources/American Creek/Tudor Gold Provides Review of Its 2023 Treaty Creek Drill Program and Establishes "At-The-Market" Equity Program
https://www.newsfilecorp.com/release/197877
February 14, 2024 6:00 AM EST | Source: Tudor Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2024) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to present the following review of its 2023 drill program (the "Program") completed at its Treaty Creek gold-copper project located in the Golden Triangle Mining Region of Northwestern British Columbia (the "Property").
The Program consisted of a total of 31,904 meters (m) drilled over 25 holes within the Goldstorm Deposit (the "Goldstorm Deposit") and 8 holes at the Perfectstorm Zone ("PSZ"). The primary focus of drilling within the Goldstorm area was twofold: to upgrade as much of the Inferred Mineral Resources to the Indicated Mineral Resource category and to extend the boundaries of the deposit towards the north and northeast. Drilling at PSZ concentrated on expanding on the known mineralized zone by targeting both the southwestern and northeastern regions, which are approximately 1500 m apart.
Highlights of the Program include:
Step-out and infill drilling continued to consistently intersect strong gold, copper and silver mineralization outside the previously defined resource area of the Goldstorm Deposit to depth and along the northeastern axis by 250 m to 350 m to the north and northeast;
Drilled a number of new high-grade intercepts within and outside the boundaries of the Goldstorm Deposit. Notably, hole GS-23-179, a 200 m step-out to the northeast of the CS-600 Domain. This hole returned an intercept of 525.0 m of 1.01 g/t AuEQ (0.85 g/t Au, 1.94 g/t Ag, 0.13 % Cu) which included a higher-grade interval of 223.5 m of 1.42 g/t AuEQ (1.16 g/t Au, 2.25 g/t Ag, 0.19 % Cu) that included 43.5 m of 3.73 g/t AuEQ (3.52 g/t Au, 2.18 g/t Ag, 0.16 % Cu) and 12.0 m of 10.07 g/t AuEQ (9.78 g/t Au, 1.35 g/t Ag, 0.23 % Cu);1
Encountered stronger than expected copper grades within the CS-600 Domain of the Goldstorm Deposit, notably hole GS-23-168-W1, which targeted the deep, northwest portion of the CS-600 Domain. The hole intersected an area classified as an Inferred Mineral Resource in the previous Mineral Resource Estimate. Prior to entering the CS-600, a mineralized section of 75.0 m of 1.34 g/t AuEQ (1.27 g/t Au, 5.89 g/t Ag, 0.01 % Cu) was cut, and this is interpreted to be the 300H Domain, or related mineral system. A long intercept of CS-600 included 296.0 m of 1.11 g/t AuEQ (0.65 g/t Au, 5.03 g/t Ag, 0.35 % Cu) with an enriched intercept of 102.0 m grading 1.30 g/t AuEQ (0.64 g/t Au, 7.39 g/t Ag, 0.50 % Cu);2
Identified a new mineralized area named SC-1 situated in the northern sector of the Goldstorm Deposit, within the CS-600. This recently identified zone boasts higher-grade gold concentrations and comprises three drill holes, with two completed towards the end of the 2023 exploration campaign. The initial drill hole, GS-22-134, yielded promising results in 2022, returned 20.86 g/t AuEQ over 4.5 m within a 25.5 m section of 9.96 AuEQ (9.66 g/t Au, 1.23 g/t Ag, 0.24 % Cu). Drill-hole GS-23-176-W1, completed in 2023 and specifically designed as an offset step-out hole returned 15.64 g/t AuEQ over 15.0 m (14.89 g/t Au, 4.72 g/t Ag, 0.60 % Cu). Additionally, GS-23-179, a northeast step-out hole also completed in 2023 to trace SC-1 up-dip from GS-22-134 and GS-23-176-W1, returned 10.07 g/t AuEQ over 12.0 m (9.78 g/t Au, 1.35 g/t Ag, 0.23 % Cu). Presently, the high-grade gold-bearing breccia stockwork system extends approximately 400 m down plunge and over 300 m along a northeastern axis. The exact width of the mineralized structure remains undetermined at this stage;3
Improved the definition and spatial continuity of the Goldstorm porphyry system which is comprised of six separate mineral domains over an area that measures approximately 2,400 m in length, 1,300 m in width and 1,500 m in depth. The Goldstorm Deposit remains open to the south, north, northeast and at depth;
Confirmed the existence of PSZ with holes spaced over a distance of 1,500 meters. PS-23-10, the most notable drill hole from this program intersected 102.15 m of 1.28 g/t AuEQ (1.23 g/t Au, 3.43 g/t Ag, 0.01 % Cu) including two enriched zones comprising 42.5 m of 1.87 g/t AuEQ (1.80 g/t Au, 5.76 g/t Ag, 0.02 % Cu), and 25.5 m of 1.60 g/t AuEQ (1.58 g/t Au, 1.81 g/t Ag, 0.01 % Cu). Further downhole a high-grade vein zone was intersected and returned 1.5 m of 24.70 g/t gold. These results are the highest gold grades seen at PSZ to date and they are located between the Goldstorm Deposit, 3 km to the northeast, and Seabridge Gold's Iron-Cap Deposit, 2.5 km to the southwest.4
Results from the Program are expected to be included in the next updated Mineral Resource Estimate on the Goldstorm Deposit, which is anticipated to be released in the first quarter of 2024.
Tudor Gold's objective is to optimize the current Mineral Resource by concentrating on higher grades to increase the overall quality of gold, silver, and copper resources. As a result, the Company is focused on delivering an enhanced Mineral Resource Estimate on the Goldstorm Deposit which will improve the overall prospects of the Treaty Creek Project as it advances towards a Preliminary Economic Assessment (PEA).
At-The-Market Equity Program
The Company also announces that it has established an "at-the-market" equity distribution program (the "ATM Program"). The ATM Program allows Tudor to issue and sell, at its discretion, common shares in the capital of Tudor ("Common Shares") that would have the aggregate sales amount of up to $20,000,000, to the public from time to time through Research Capital Corporation (the "Agent"), acting as the agent. All Common Shares sold under the ATM Program will be sold at the prevailing market price at the time of the sale, directly through the TSX Venture Exchange or any other recognized marketplace upon which the Common Shares are listed, quoted or otherwise traded in Canada. Tudor currently intends to use the net proceeds from the ATM Program to the extent raised, principally to advance the exploration and economic assessment of the Treaty Creek Project and for general working capital purposes but may also use net proceeds to fund all or a portion of the price of an acquisition.
Distribution of Common Shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement (the "Equity Distribution Agreement") dated February 13, 2024 entered into between Tudor and the Agent.
The ATM Program will be effective until the earlier of: (i) the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program; and (ii) September 8, 2025, unless terminated prior to such date by Tudor or the Agent. As Common Shares sold in the ATM Program will be issued and sold at the prevailing market price at the time of the sale, prices may vary among purchasers during the period of distribution.
The offering under the ATM Program is qualified by a prospectus supplement dated February 13, 2024 (the "Prospectus Supplement") to Tudor's final short form base shelf prospectus filed in all of the provinces and territories of Canada, dated August 2, 2023 (the "Base Shelf Prospectus"). Copies of the Equity Distribution Agreement, the Prospectus Supplement and the Base Shelf Prospectus may be obtained on request, without charge, from the Corporate Secretary of Tudor Gold Corp. at 789-999 West Hastings Street, Vancouver, British Columbia, Canada V6C 2W2 (Telephone (604)-559-8092) and are available on the Company's profile on SEDAR+ at www.sedarplus.ca.
This news release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities described in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or under any U.S. state securities laws, and may not be offered, sold, directly or indirectly, or delivered within the "United States" or to, or for the account or benefit of, persons in the "United States" or "U.S. persons" (as such terms are defined in Regulation S under the U.S. Securities Act) except in certain transactions exempt from the registration requirements of the U.S. Securities Act and all applicable U.S. state securities laws.
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company's President and CEO, Ken Konkin, P.Geo. He has read and approved the scientific and technical information and has verified the data that forms the basis for the disclosure contained in this news release.
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 the Company.
About Treaty Creek
The Treaty Creek Project hosts the Goldstorm Deposit, comprising a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the "NI-43-101 Technical Report for the Treaty Creek Project", dated April 28, 2023 prepared by Garth Kirkham Geosystems and JDS Energy & Mining Inc., the Goldstorm Deposit has an Indicated Mineral Resource 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 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 Tudor Gold
TUDOR GOLD CORP. is a precious and base metals exploration and development company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack property to the southeast.
ON BEHALF OF THE BOARD OF DIRECTORS OF
TUDOR GOLD CORP.
"Ken Konkin"
Ken Konkin
President and Chief Executive Officer
For further information, please visit the Company's website at www.tudor-gold.com or contact:
Chris Curran
Head of Corporate Development and Communications
Phone: (604) 559 8092
E-Mail: chris.curran@tudor-gold.com
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.
Cautionary Statements regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including expectations regarding the sale of Common Shares under the ATM Program, the proceeds from the ATM Program, the Company's use of the proceeds from the ATM Program, that results from the Program are expected to be included in the next updated Mineral Resource Estimate on the Goldstorm Deposit, and that the updated Mineral Resource Estimate on the Goldstorm Deposit is anticipated to be released in the first quarter of 2024.
Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof 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" or the negative connation thereof.
Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company will receive the necessary regulatory approvals for the ATM Program, that the Company will be able to use the proceeds from the ATM Program as anticipated, that results from the Program will be included in the next updated Mineral Resource Estimate on the Goldstorm Deposit, and that the updated Mineral Resource Estimate on the Goldstorm Deposit will be released in the first quarter of 2024.
Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions 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, without limitation, the risk that the Company is not able to use the proceeds from the ATM Program as anticipated by management, the risk that the Company does not receive the requisite regulatory approvals for the ATM Program, that the Company will be able to use the proceeds from the ATM Program as anticipated, that results from the Program will not be included in the next updated Mineral Resource Estimate on the Goldstorm Deposit and that the updated Mineral Resource Estimate on the Goldstorm Deposit will not be released in the first quarter of 2024 or at all.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by 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 forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
1 Refer to the Company's news release issued on November 21, 2023.
2 Refer to the Company's news release issued on July 10, 2023.
3 Refer to the Company's news release issued on February 1, 2024.
4 Refer to the Company's news release issued on October 31, 2023.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
SOURCE: Tudor Gold Corp.
Centerra Gold Announces Mount Milligan Mine Life Extension and Additional Agreement with Royal Gold
https://ca.finance.yahoo.com/news/centerra-gold-announces-mount-milligan-110000932.html
Centerra Gold Inc
Wed, February 14, 2024 at 3:00 a.m. PST·13 min read
CG.TO
+5.37%
CGAU
+5.41%
TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU)
VIZSLA COPPER ANNOUNCES ACQUISITION OF UNIVERSAL COPPER
https://www.newswire.ca/news-releases/vizsla-copper-announces-acquisition-of-universal-copper-834529343.html
Vizsla Copper Corp. Feb 14, 2024, 08:00 ET
VANCOUVER, BC, Feb. 14, 2024 /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) ("Vizsla Copper" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement dated February 13, 2024 (the "Arrangement Agreement") with Universal Copper Ltd. (TSX.V: UNV, FRANKFURT: 3TA2) ("UNV") whereby Vizsla Copper will acquire all of the issued and outstanding common shares of UNV (the "UNV Shares") pursuant to a plan of arrangement (the "Arrangement").
Figure 1 – Poplar Project Location Map (CNW Group/Vizsla Copper Corp.)
Figure 2 – Poplar Project Map (CNW Group/Vizsla Copper Corp.)
UNV is a Canadian-based copper exploration company focused on the acquisition and exploration of copper properties, including its flagship Poplar Project (the "Poplar Project" or the "Project"), one of the most advanced pre-production copper projects in British Columbia.
TRANSACTION HIGHLIGHTS:
Significant Resource Base. The Project hosts a current undiluted indicated mineral resource of 152.3 million tonnes grading 0.32% copper, 0.009% molybdenum, 0.09 g/t gold and 2.58 g/t silver and an undiluted inferred mineral resource of 139.3 million tonnes grading 0.29% copper, 0.005% molybdenum, 0.07 g/t gold and 4.95 g/t silver.
Large Land Position in Proven Mining District. The Project is large and well-located, comprising more than 39,000 hectares in a very accessible region in the central interior of the Province of British Columbia.
Strong Expansion and Discovery Potential. Combining the Poplar Project with Vizsla Copper's Woodjam, Redgold, Copperview and Carruthers Pass properties offers shareholders exposure to a growing pipeline of projects ranging from expansion-driven brownfield development to exciting discovery-seeking greenfield exploration.
Experienced Management and Board. UNV shareholders will have exposure to the Inventa Capital-backed Vizsla Copper board of directors and management team.
Board Support. The Arrangement Agreement has been unanimously approved by the board of directors of each of Vizsla Copper and UNV. The UNV board of directors has agreed to recommend that UNV shareholders vote in favour of the Arrangement.
Low Execution Risk. No material regulatory issues are expected to arise in connection with the Arrangement that would prevent its completion, and all required regulatory approvals are expected to be obtained.
"With unprecedented demand for copper globally on the horizon, I'm very pleased that we've been able to execute again on our strategy of acquiring promising assets during a period of challenging junior equity markets," stated Craig Parry, Executive Chairman of the Company. "Poplar perfectly complements our other BC-based assets and will add incredible value due to its size, grade and location in a safe and stable jurisdiction."
"I'm thrilled to add the Poplar Project to our exploration and development portfolio," commented Steve Blower, Vice President, Exploration of the Company. "Poplar is a large, undeveloped porphyry-related copper and gold deposit in an easily accessible location with great infrastructure. Mineralization extends to the top of bedrock beneath minimal overburden, and UNV's recent drilling results, including 432 m @ 0.42% Cu, 0.15 g/t Au from 2.2m are impressive."
POPLAR PROJECT
The 39,000-hectare Poplar Project hosts a porphyry-related copper and gold deposit with a current undiluted indicated mineral resource of 152.3 million tonnes grading 0.32% copper, 0.009% molybdenum, 0.09 g/t gold and 2.58 g/t silver and an undiluted inferred mineral resource of 139.3 million tonnes grading 0.29% copper, 0.005% molybdenum, 0.07 g/t gold and 4.95 g/t silver (above a cut-off grade of 0.20% copper). Readers are cautioned that mineral resources, which are not mineral reserves, do not have demonstrated economic viability.
The Poplar Project is located in mining country, 35km from the Huckleberry Copper Mine. The road accessible property is bisected by a 138 Kva hydroelectric line and lies 88km from the rail head at Houston and 400km from the deep-water port at Prince Rupert by rail.
Recent drilling by UNV in 2021 includes drill hole 21-PC-131, which intersected 432m @Track, which intersected 479.8m @ 0.41% Cu, 0.13 g/t Au from 21.25m.
TRANSACTION SUMMARY
Under the terms of the Arrangement Agreement, all of the issued and outstanding UNV Shares will be exchanged for Vizsla Copper common shares (the "Vizsla Copper Shares") on the basis of 0.23 Vizsla Copper Shares for each UNV Share (the "Exchange Ratio"). Pursuant to the Arrangement, Vizsla Copper expects to issue an aggregate of approximately 32,659,742 Vizsla Copper Shares to current UNV shareholders. Upon completion of the Arrangement, current UNV shareholders will own approximately 23.3% of the 140,314,107 issued and outstanding Vizsla Copper Shares.
The Arrangement Agreement includes certain customary provisions, including non-solicitation provisions, as well as certain representations, covenants and conditions which are customary for a transaction of this nature.
The Arrangement will be effected by way of a plan of arrangement under the Business Corporations Act (British Columbia), requiring the approval of: (i) at least 66 2/3% of the votes cast by the shareholders of UNV; (ii) at least 66 2/3% of the votes cast by the shareholders and optionholders of UNV, voting together as a single class; and (iii) if, and to the extent required, a majority of the votes cast by the shareholders of UNV, excluding votes attached to UNV Shares held by any person as required under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, at a special meeting of UNV's securityholders called to consider, among other matters, the Arrangement. In addition to securityholder and court approvals, the Arrangement, including the Exchange Ratio, are subject to approval of the TSX Venture Exchange (the "TSXV") and the satisfaction of certain other closing conditions customary in transactions of this nature.
All outstanding stock options of UNV will be exchanged for options of Vizsla Copper and all warrants of UNV will become exercisable to acquire common shares of Vizsla Copper, in amounts and at exercise prices adjusted in accordance with the Exchange Ratio.
Full details of the Arrangement will be included in UNV's information circular, which is expected to be mailed to securityholders in March 2024. It is anticipated that the closing of the Arrangement will take place in the second quarter of 2024. A copy of the Arrangement Agreement will also be filed on Vizsla Copper's company profile on SEDAR+ at www.sedarplus.ca.
Figure 1 – Poplar Project Location Map
Figure 2 – Poplar Project Map
VOTING SUPPORT AGREEMENTS
Certain shareholders and the directors and officers of UNV (collectively, the "Supporting Shareholders") have each entered into voting support agreements to vote their UNV Shares in favour of the Arrangement. The Supporting Shareholders hold, collectively, approximately 20.7% of the UNV Shares.
FINDER'S FEE
In connection with the Arrangement, UNV entered into a finder's fee agreement with an arm's-length party. As compensation for the finder's introduction of UNV to Vizsla Copper, UNV will issue to the finder 2,173,913 UNV Shares which, upon closing of the Arrangement and in accordance with the Exchange Ratio, will be exchanged for 500,000 Vizsla Copper Shares. The finder's fee is subject to approval of the TSXV.
QUALIFIED PERSON
The disclosure of technical or scientific information in this press release has been reviewed and approved by Ian Borg, P.Geo., Senior Geologist for Vizsla Copper. Mr. Borg is a Qualified Person as defined under the terms of National Instrument 43-101.
ABOUT VIZSLA COPPER
Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The Company is primarily focused on its flagship Woodjam project, located within the prolific Quesnel Terrane, 55 kilometers east of the community of Williams Lake, British Columbia. It has three additional copper exploration properties: Copperview, Redgold and Carruthers Pass, all well situated amongst significant infrastructure in British Columbia. Following closing of the Arrangement, Vizsla Copper will control a fifth project, the Poplar Project. The Company's growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper's vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada and it is committed to socially responsible exploration and development, working safely, ethically and with integrity.
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.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements or forward-looking information relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements in this news release include but are not limited to: obtaining the necessary approvals required for the Arrangement; completion of the Arrangement and the timing thereof; the benefits of the Arrangement; exploration activities; and Vizsla Copper's growth and business strategies.
Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Management believes that the assumptions and expectations reflected in such forward-looking statements are reasonable. Assumptions have been made regarding, among other things: the Company's ability to carry on exploration and development activities; the timely receipt of required approvals; the price of copper and other metals; and the Company's ability to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors include but are not limited to: the Company's early stage of development and lack of history as a stand-alone entity; the fluctuation of the price of copper and other metals; the availability of additional funding as and when required; the speculative nature of mineral exploration and development; the timing and ability to maintain and, where necessary, obtain necessary permits and licenses; the uncertainty in geologic, hydrological, metallurgical and geotechnical studies and opinions; infrastructure risks, including access to water and power; environmental risks and hazards; risks associated with negative operating cash flow; and risks associated with dilution. For a further discussion of risks relevant to the Company, see the Company's other public disclosure documents.
Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There is no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except as, and to the extent required by, applicable securities laws.
SOURCE Vizsla Copper Corp.
For further information: And to sign-up to the mailing list, please contact: Chris Donaldson, Chief Executive Officer and Director, Tel: (604) 813-3931 | Email: chris@vizslacopper.com
TDG Gold Announces Definitive Purchase Agreement for Oxide Peak, Toodoggone
https://www.accesswire.com/833754/tdg-gold-announces-definitive-purchase-agreement-for-oxide-peak-toodoggone
Wednesday, 14 February 2024 07:00
WHITE ROCK, BC / ACCESSWIRE / February 14, 2024 / TDG Gold Corp (TSXV:TDG) (the "Company" or "TDG") announces that it has entered into a definitive purchase agreement (the "Purchase Agreement") with ArcWest Exploration Inc. ("ArcWest") pursuant to which TDG will acquire from ArcWest a 100% interest in the Oxide Peak mineral claims ("Oxide Peak") located in the Toodoggone District of north-central B.C. (the "Acquisition").
Oxide Peak covers 8,490 hectares of prospective exploration ground to the north of and contiguous with TDG's Baker Complex. Oxide Peak provides multiple opportunities for copper-gold porphyry discoveries. Since signing the initial option agreement with ArcWest in December 2019 (the "Option Agreement"), TDG has completed approximately $3.3 million of exploration expenditures on Oxide Peak including 2050 metres of diamond drilling.
Under the terms of the Purchase Agreement, in consideration for the Acquisition, TDG will pay ArcWest $100,000 and will issue to Arcwest 412,031 common shares of TDG (the "TDG Shares"). Additionally, ArcWest will receive a 2% net smelter returns royalty on the Oxide Peak property, of which 1% may be repurchased by TDG for $1,000,000. The Purchase Agreement replaces the Option Agreement, which has been terminated. The TDG Shares will be subject to a four-month hold period under applicable securities laws, as well as certain orderly sales requirements agreed to between TDG and ArcWest. The Acquisition remains subject to the approval of the TSX Venture Exchange.
Fletcher Morgan, TDG's CEO, commented: "With 100% ownership of the Oxide Peak mineral claims, we are able to prioritize our work across our Toodoggone properties based on TDG's needs and interests. Our exploration work on Oxide Peak has demonstrated a potential geological relationship with our Baker Complex to the south of Oxide Peak and with our Bot property to the northwest. It makes sense to put these projects together and prioritize targets across the entire property package as we start to finalize our plans for the 2024 exploration season."
ON BEHALF OF THE BOARD
Fletcher Morgan
Chief Executive Officer
For further information, contact:
TDG Gold Corp.
Telephone: +1.604.536.2711
Email: info@tdggold.com
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: TDG Gold Corp.
Sun Summit Defines Multiple High-Priority Gold Targets at the Creek Zone, JD Project in the Toodoggone District, North-Central B.C.
https://www.newsfilecorp.com/release/197561
February 12, 2024 7:00 AM EST | Source: Sun Summit Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF
Defense Metals Updates Metallurgical Test Work and Preliminary Feasibility Study Progress for its Wicheeda Rare Earth Elements Project
https://www.prnewswire.com/news-releases/defense-metals-updates-metallurgical-test-work-and-preliminary-feasibility-study-progress-for-its-wicheeda-rare-earth-elements-project-302060284.html
Defense Metals Corp. 13 Feb, 2024, 07:00 ET
VANCOUVER, BC, Feb. 13, 2024 /PRNewswire/ - Defense Metals Corp. (Defense Metals or the Company) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to provide an update on the metallurgical work programs, undertaken by SGS Canada Inc. (SGS) and the ongoing Preliminary Feasibility Study (PFS) work by SRK Consulting (Canada) Inc. (SRK) and Hatch Limited (Hatch), for its wholly-owned Wicheeda Rare Earth Element Project located in British Columbia, Canada.
Highlights of Metallurgical Test Work and PFS-related Matters
The metallurgical test work required for the PFS has been completed. Multiple bench-scale flotation and flotation pilot plant test work resulted in the production of a high-grade mineral concentrate containing 50% Total Rare Earth Oxide (TREO) with an 80% recovery rate, which will be included in the PFS for the first 8 years of mine-life.
Bench-scale and hydrometallurgical pilot plant test work shows that the planned acid bake process will deliver approximately 90% TREO extraction from the mineral concentrate to a Mixed Rare Earth Carbonate product.
The PFS plant flowsheets are completed, based on the metallurgical test work, and equipment specifications have been issued to vendors for cost quotations.
The field-based geotechnical, geochemical and environmental test work required for the PFS has been completed and lab-based studies are in progress.
Other PFS tasks, including open pit mine design and tailings storage trade-off studies, are well advanced.
Economic evaluation and cashflow modelling are in progress.
PFS report completion in the second quarter of 2024 is on schedule.
Eleven mixed rare earth precipitate samples from the hydrometallurgical test work have been sent to potential partners, processors or end-users.
Over the past 5 years, Defense Metals drilled 58 core holes totalling 12,073 metres (m; ~39,610 feet) to define the Wicheeda Rare Earth Element (REE) deposit and provide samples for metallurgical test work. This work resulted in measured and indicated (M+I) resources of 34.2 million tonnes, averaging 2.02% TREO1, inclusive of 17.8 million tonnes of high-grade dolomite carbonatite averaging 2.92% TREO, in addition to inferred resources of 11.1 million tonnes, averaging 1.02% TREO. This represents a 260% increase over the Defense Metals initial 2019 mineral resource estimate, and a conversion to M+I of 101% of the prior 2021 mineral resource estimate.
Total expenditures on the Wicheeda REE Project since 2019, including costs for mineral resource estimate definition, all metallurgical test work, earlier studies and the remaining PFS-related costs are in excess of CAD $17.5 million.
Defense Metals has entered into a strategic Co-Design Agreement with the McLeod Lake Indian Band (MLIB), the First Nations community having the traditional territory on which the Wicheeda Project sits.
____________________________________
1 TREO % is the sum of CeO2, La2O3, Nd2O3, Pr6O11, Sm2O3, Eu2O3, Gd2O3, Tb4O7, Dy2O3 and Ho2O3 percentages.
Craig Taylor, CEO of Defense Metals, stated:
"Continuing positive results from our technical studies suggest that our wholly-owned Wicheeda REE Project has the potential to become the next producer of rare earth elements in North America accounting for a significant amount of the rare earths needed for the western world's future magnet metal production. We look forward to completing and filing the PFS for the Wicheeda REE Project in Q2-2024 and, subject to financing, moving directly into our feasibility study."
Metallurgical Test Work
Extensive comminution, beneficiation, hydrometallurgical, and environmental tests have been completed and the resulting data have been applied in the PFS. These tests have studied development and optimization of milling and hydrometallurgical processes and the response of twenty-one variability samples representing different REE grades, lithologies and locations within the deposit.
From 2018 to date, about CAD$5 million has been spent on metallurgical test work and the development of the metallurgical flowsheets for the Wicheeda REE Project.
Thirty-one samples of deposit material, flotation and hydrometallurgical products have been subjected to detailed mineralogical examination.
Twenty-one samples have been subjected to Bond milling index and SMC comminution tests.
210 open circuit flotation tests and seven locked cycle flotation tests, of samples ranging from 1 to 12 kilograms (kg), and a 26-tonne pilot flotation operation have been completed.
Sixty-three static acid bake tests, sixteen short-duration acid bake kiln runs with associated water leach tests were completed. Additionally, SGS completed a total of 15 days of continuous kiln operation (in one 5-day and one 10-day segment) as part of a fully integrated hydrometallurgical pilot plant operation that processed 560 kg of flotation concentrate.
Approximately 40 bench-scale impurity removal tests were done as well as about 40 rare earth precipitation tests and results incorporated in the integrated hydrometallurgical pilot plant operation and the project process design criteria.
Many other small-scale tests examined water recycle options and other aspects of the metallurgical flowsheets.
The liquid-solid separation characteristics of the flotation plant products and those of the hydrometallurgical plant have been determined through appropriate thickening and filtration tests.
____________________________
Technical Report for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated October 27, 2023, with an effective date of August 28, 2023, and prepared by APEX Geoscience Ltd. is filed under Defense Metals Corp.'s Issuer Profile on SEDAR+ (www.sedarplus.com) and on the Company's website at www.defensemetals.com.
PFS Plant Design
Results from the metallurgical test work have been used to develop flowsheets for the planned comminution, beneficiation and hydrometallurgical plants. These flowsheets have been completed, reviewed and used to generate major equipment specifications for grinding mills, kilns, etc., which have been issued to equipment suppliers for quotes.
The metallurgical process design, engineering and costing is on track to allow completion of the PFS in Q2 of 2024.
Optimization of Open Pit Mining
Geotechnical investigation work for the mine design and pit optimization was performed by SRK and completed in December 2023. This work included sixteen geotechnical drill holes totaling 225.5 m, and twenty excavated overburden geotechnical test pits. Within the Wicheeda REE deposit pit shell, six diamond drill holes totaling 1,182 m were completed, inclusive of 4 open pit geotechnical drill holes totaling 920 m, and in-pit exploration holes totaling 262 m.
Pit design work is underway, incorporating the latest geotechnical information provided from the 2023 geotechnical drilling program.
Community Engagement
Defense Metals entered into a Co-Design Agreement with the McLeod Lake Indian Band (MLIB) (see news release dated January 17, 2024), thus solidifying a joint commitment to the successful advancement of the Wicheeda REE Project. The Co-Design Agreement emphasizes a joint planning approach, empowering MLIB to play an integral part in the design and decision-making process in the technical, social, engineering and environmental aspects of the Wicheeda REE Project. This agreement expands upon the Mineral Exploration Agreement Memorandum of Understanding previously entered into with MLIB.
The McLeod Lake Indian Band purchased an equity stake in Defense Metals, signalling their long-term commitment to the success of the Wicheeda REE Project.
Infrastructure and Tailings Management Studies
Tradeoff studies are being performed on the various options being considered for tailings management and infrastructure locations are being determined.
The Wicheeda REE Project has excellent infrastructure and logistics, which are expected to allow for lower operating and capital costs, including:
The future mine site and beneficiation plant will be located:
along a permitted Forest Service Road approximately 38 km east from the paved John Hart Provincial Highway at the community of Bear Lake.
~37 km from the Canadian National Railway mainline.
~36 km from the main natural gas distribution pipeline..
~34 km from high-voltage powerlines that supply BC with abundant green hydroelectric power.
~ 110 km from an international airport in Prince George
British Columbia has a long history of mining and its industry participants are recognized worldwide as expert in open pit mining and mineral processing.
Prince George is a major industrial center supplying both the mining and wood products industries. Most of the equipment that will be required for the mining operation will be supplied by companies already established in the area.
Multiple options exist for location of the hydrometallurgical plant site close to reagent supply.
Easy access to the year-round port of Prince Rupert, the closest North American port to Asian markets.
Environmental Test Work and Field Studies
Environmental and geochemical test work has been performed on both flotation and hydrometallurgical plant products and mixtures thereof. Data have been used by SRK in the design of facilities.
Surface water sampling and field investigations commenced in 2022 and will continue through 2024. The results of these and future environmental investigations will be used to inform siting, design, and mitigation planning as well as to prepare technical data reports to support Environmental Assessment and permitting processes.
Qualified Persons
The scientific and technical information concerning metallurgy and processing contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by J.R. Goode, P.Eng., a metallurgical consultant to the Company and a "Qualified Person" as defined in NI 43-101. This news release has also been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), a technical consultant to the Company, a Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, and a "Qualified Person" as defined in NI 43-101.
About Defense Metals Corp. and its Wicheeda Rare Earth Element Project
Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Project that is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada.
The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of Prince George, is readily accessible by a paved highway and all-weather gravel roads and is close to infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.
Defense Metals Corp. trades on the TSX Venture Exchange under the symbol "DEFN", in the United States, trading symbol "DFMTF" on the OTCQB and in Germany on the Frankfurt Exchange under "35D"
Defense Metals is a proud member of Discovery Group. For more information please visit:
www.discoverygroup.ca .
For further information, please visit www.defensemetals.com or contact:
Todd Hanas, Bluesky Corporate Communications Ltd.
Vice President, Investor Relations
Tel: (778) 994 8072
Email: todd@blueskycorp.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 or Statements
This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to completion of the PFS and the expected timelines, the completion of additional work and studies and the expected timelines, advancing the Wicheeda REE Project, completing the PFS and progressing towards a feasibility study, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR+ (www.sedarplus.com). While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain or obtain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical, engineering and pricing assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, restriction on labour and international travel and supply chains, loss of key employees, consultants, officers or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.
SOURCE Defense Metals Corp.
Bathurst Metals Announces Start of Drilling
https://thenewswire.com/press-releases/1k1vFZE2E-bathurst-metals-announces-start-of-drilling.html
Vancouver, B.C. - TheNewswire - February 13, 2024 – Bathurst Metals Corp. (“Bathurst” or the “Company”) (TSXV:BMV) (OTC:BMVVF) is pleased to announce the planned mobilization of Bathurst crews and drill crews for February 16 and 19 respectively to the company’s Peerless Property in southwest British Columbia.
The company will commence our first drill project on the Peerless Property on February 19, 2024, targeting gold mineralization in the Beta Zone. Initial plans are for three (3) drill holes for a total of 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.
The Company also announces the final results of its private placement financing of flow-through and non flow-through units originally announced on October 31, 2023. The Company issued an aggregate of 4,025,000 flow-through units and 1,150,000 non flow-through units for gross proceeds of $494,500. The Company paid cash finders fees of $26,915 on a portion of the offering and issued a total of 267,700 finders warrants, exercisable for $0.10 to acquire one common share for a period of one year. All securities issued in the private placement are subject to a four month hold period.
Qualified Person
Mr. Gregory Bronson, P.Geo., is a "Qualified Person" as defined by National Instrument 43-101. Mr. Bronson has approved the scientific and technical information included in this news release for dissemination..
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.
TDG Gold Assays 43 Metres Of 2.11 G/T AuEq From 20 Metres Depth at Shasta, Toodoggone
https://www.accesswire.com/832961/tdg-gold-assays-43-metres-of-211-gt-aueq-from-20-metres-depth-at-shasta-toodoggone
Monday, 12 February 2024 07:00
WHITE ROCK, BC / ACCESSWIRE / February 12, 2024 / TDG Gold Corp (TSXV:TDG)
Coast Copper Acquires Ground Adjacent to PJX Resources New Sullivan Style Mineralization Discovery
https://www.newswire.ca/news-releases/coast-copper-acquires-ground-adjacent-to-pjx-resources-new-sullivan-style-mineralization-discovery-842174953.html
Coast Copper Corp. Feb 12, 2024, 08:05 ET
TSX.V: COCO
VANCOUVER, BC, Feb. 12, 2024 /CNW/ - Coast Copper Corp. ("Coast Copper" or the "Company") (TSXV: COCO) is pleased to announce that it has staked the Sully mineral claims ("Sully" or the "Property") adjacent to PJX Resources Inc.'s ("PJX") recent massive sulphide zinc, lead and silver discoveries located approximately 35 kilometers ("km") east of the past producing Sullivan Mine (which was in operation from 1900 to 2001) near Kimberley BC.
Coast Copper News Release Figure 1 NR24-02 (CNW Group/Coast Copper Corp.)
The Sully property is comprised of 3 mineral claims covering 5,134.52 ha and located adjacent to PJX (see Figure 1) where it announced that it recently discovered significant zinc and lead mineralization in outcrops that further supports the potential to discover a Sullivan type mineral occurrence on the PJX property¹. The Sully property covers ground that hosts the strike extension to the north of the favourable Aldridge Formation, cross structures to the northeast and additional ground to the east of the PJX discovery. Historical regional geochemical surveys ("RGS")² on the Sully property have returned anomalous results of silver and lead in-stream sediments³ which warrant further investigation as well as follow up on the 1999 discovery of tetrahedrite (silver mineral) in brecciated limestone at the Red Zone and unexplained lead, zinc, silver and gold anomalies in soils to the north. Rock grab sample 125679 taken in 1999 by Mr. Travis returned 1.675 grams per tonne ("g/t") gold, 228 g/t silver, 3.83% copper, 3,010 parts per million ("ppm") lead and 4,270 ppm zinc4 and attest to exploration potential of the area within 10 km of the new PJX Discovery.
Adam Travis, CEO of Coast Copper comments: "Although we remain focused on our flagship Empire Mine property and continue to expand our understanding of the past producing Benson Lake and Merry Widow Mines as well as prepare for future drill programs, this opportunity to acquire ground adjacent to the newly discovered Sullivan style mineralization by PJX Resources was too good to pass up, especially considering the only cost to the Company was staking fees. I previously worked in the area in 1999 under the Prospectors Assistance Program and made new silver, gold, lead and zinc discoveries and we are excited to get back to the region and follow up some of my previous anomalies in the context of these new discoveries by PJX."
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 and 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
This News Release may contain information about adjacent properties on which Coast Copper Corp has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are no indicative of mineral deposits on the Company's properties.
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.
Regional Geochemical Survey Data sourced from British Columbia Geological Survey, Map Place.
A Summary of Reconnaissance Geological Mapping, Prospecting, Rock Chip Sampling and Stream Sediment Sampling Completed on the Tiger 1-14 Mineral Claims, Adam Travis, 1999. PAP99-40. Prospectors Assistance Program.
PJX Resources Inc Website, January 15, 2024 news release.
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 @No Moderator
Dolly Varden Silver's Step-Out Drilling at Homestake Ridge Discovers New, High-Grade Gold Zone: 79.49 g/t Au over 12.45m, including 1,335 g/t Au over 0.68m
https://www.newsfilecorp.com/release/197571
February 12, 2024 8:00 AM EST | Source: Dolly Varden Silver Corporation
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Dolly Varden Silver Corporation (TSXV: DV) (OTC: DOLLF)
Stamper Oil & Gas: Redonda Copper Exploration Synopsis
https://www.newsfilecorp.com/release/197290
February 12, 2024 9:00 AM EST | Source: Stamper Oil & Gas Corp. Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Stamper Oil & Gas Corp. (TSXV: STMP) (FSE: TMP)
Doubleview Drilling Continues to Extend the "Gold Rich Zone" Within the South Lisle Zone
https://www.newsfilecorp.com/release/197580
February 12, 2024 8:50 AM EST | Source: Doubleview Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038
Surge Copper Announces 2023 Surface Exploration Results Identifies New Porphyry Exploration Target Adjacent to Berg
https://ca.finance.yahoo.com/news/surge-copper-announces-2023-surface-123000538.html
Surge Copper Corp.
Wed, February 7, 2024 at 4:30 a.m. PST·10 min read
TGT
-0.15%
SRGXF
-5.5363%
Vancouver, British Columbia, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2)
Omineca Intercepts 8 Meters of 25.41 g/m3 Placer Gold in Geotechnical Drilling from the Wingdam Underground Placer Gold Project
https://www.newswire.ca/news-releases/omineca-intercepts-8-meters-of-25-41-g-m3-placer-gold-in-geotechnical-drilling-from-the-wingdam-underground-placer-gold-project-871713792.html
Omineca Mining and Metals Ltd Feb 07, 2024, 08:30 ET
SASKATOON, SK, Feb. 7, 2024 /CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM) (OTCBB: OMMSF)
Bessor intersects 0.56% copper & 0.55 % zinc over 6.9 meters
https://finance.yahoo.com/news/bessor-intersects-0-56-copper-123000690.html
Bessor Minerals Inc.
January 23, 2023·7 min read
Vancouver, BC, Jan. 23, 2023 (GLOBE NEWSWIRE) -- January 23, 2023 - Bessor Minerals Inc. (BST.H.:NEX)
Cassiar Gold Intersects 101.4 m of 0.84 g/t Au from Surface; Expands Gold Mineralization at the Taurus Deposit
https://www.newsfilecorp.com/release/197183
February 08, 2024 7:00 AM EST | Source: Cassiar Gold Corp.
Calgary, Alberta--(Newsfile Corp. - February 8, 2024) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF)
Endurance Expands Geochemical Anomalies Associated with Grab Samples up to 25.1 gpt Gold on the Olympic Claims, Reliance Gold Project
https://www.newsfilecorp.com/release/196970
February 06, 2024 7:15 AM EST | Source: Endurance Gold Corporation
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2024) - Endurance Gold Corporation (TSXV: EDG) (OTC Pink: ENDGF) (FSE: 3EG)
Skeena Provides Exploration Update and 2024 Outlook
https://www.accesswire.com/832020/skeena-provides-exploration-update-and-2024-outlook
Thursday, 08 February 2024 07:30
VANCOUVER, BC / ACCESSWIRE / February 8, 2024 / Skeena Resources Limited (TSX:SKE )(NYSE:SKE )
Trailbreaker Receives Approval to Acquire Liberty Property and Adopts 10% Rolling Stock Option Plan
https://ca.finance.yahoo.com/news/trailbreaker-receives-approval-acquire-liberty-220000742.html
Trailbreaker Resources Ltd.
Wed, February 7, 2024 at 2:00 p.m. PST·1 min read
APRAF
0.00%
VANCOUVER, British Columbia, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) Further to its January 22, 2024 news release, the Company is pleased to announce that it has received TSX Venture Exchange (the “Exchange”) approval of its option agreement (the “Agreement”) to acquire 100% of the Liberty Property (formerly the Murray Property) from an arm’s length party (the “Optionor”), located in central British Columbia. The Liberty Property consists of 5 claims totalling 1,898.35 hectares, located in the Cariboo Mining Division of British Columbia. Pursuant to the terms of the Agreement, the Company will now issue 50,000 common shares to the Optionor.
The Liberty Property covers a copper-molybdenum (Cu-Mo) porphyry target, located approximately 60km northwest of Quesnel, BC, and is accessible by forest service roads.
The Company also announces that, at its Annual Meeting of Shareholders held December 15, 2023, shareholders of the Company voted to approve the adoption of a 10% rolling stock option plan. Previously the Company had a 20% set stock option plan.
“The Company appreciates the confidence and continued support of its shareholders.”
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
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.
TRAILBREAKER RESOURCES LTD.
650 W. Georgia Street, #2110
Vancouver, British Columbia
Canada, V6B 4N9
Telephone:
Facsimile:
604 681 1820
604 681 1864
https://www.TrailbreakerResources.com
https://twitter.com/TrailbreakerLtd.
Talisker Intersects 14.31 g/t Au over 9.55 metres from the Bralorne Gold Project Resource Conversion Program
https://ca.finance.yahoo.com/news/talisker-intersects-14-31-g-120000568.html
Talisker Resources Ltd.
Tue, February 6, 2024 at 4:00 a.m. PST·
Taranis Intersects 314.6 g/t AgEq over 7.19 m in Thunder Zone
https://www.accesswire.com/831165/taranis-intersects-3146-gt-ageq-over-719-m-in-thunder-zone
Monday, 05 February 2024 13:50
ESTES PARK, CO / ACCESSWIRE / February 5, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF)
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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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