Mining Sector Ideas

[NYBob]

$Gran Colombia Announces Results From the 2021 Drill Program at Its
Toroparu Project in Guyana; Confirms 4-Km Strike Length of Structurally
Controlled High-Grade Gold Mineralized Structures
July 6, 2021
TORONTO, July 06, 2021 (GLOBE NEWSWIRE) --

$Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) (“Gran Colombia”
or the “Company”) is pleased to announce results from the recently
completed Phase 2 diamond drill program at its 100%-owned
Toroparu Project in Western Guyana.

The 10,494 meters Phase 2 program was designed to confirm the
continuity of both the northwest oriented high-grade gold structures
and the cross cutting east-west high-grade structures that create a
repeatable pattern of intersecting zones amenable to underground mining
methods over the 4 kilometer strike length of the Toroparu Project1.

Serafino Iacono, Executive Chairman of Gran Colombia, commented,
“The discovery of the structural control of high-grade gold
mineralization at Toroparu has reaffirmed our confidence in the
npotential value of this project as one of our cornerstone assets.

The recently completed, two-phase diamond drill program comprised a
total of 20,750 meters in 114 drill holes and has confirmed
a 4-kilometer ("km") strike length of high-grade structurally
controlled gold mineralization at Toroparu.

In addition, the program identified a repeated pattern of intersections
of NW-SE and E-W oriented sub-vertical structures containing high-grade
zones extending over mineable widths up to 100 m vertically (“jewelry
boxes”)2 that support our belief that a high-grade resource amenable to
underground mining methods lies at the core of this very large,
disseminated gold deposit.

We are currently working with Nordmin to prepare an updated mineral
resource estimate and preliminary economic assessment (“PEA”)
incorporating the high-grade results from this latest drilling program.

We expect the PEA will be completed later this summer.”

Highlights

Assay results from the 2021 Phase 2 High-Grade Definition Drill Program
extend high-grade mineralization to the northwest of historical
drilling and confirm a 4-km overall strike length of Toroparu Deposit

Area (Figures 1 and 2).
Drill results identify several additional concentrations of high-grade
gold contained in intersecting NW-SE and E-W structures (“pipes”) that
occur in a repetitive pattern across the deposit (Figure 2).

These structural pipes exhibit continuity over 2 metre ("m") to 25 m
widths extending over 30 to 100 vertical metres and confirm the
potential for significant volumes of gold mineralization amenable to
underground mining methods exists along the 4 km Toroparu Deposit Area.

The high-grade mineralized pipes, ranging in grade from approximately
5 g/t gold ("Au") to greater than 20 g/t Au over potentially mineable
widths, are often surrounded by a lower grade (0.5 - 5.0 g/t Au) halo
of mineralized material. (Figure 5).

The high-grade gold grades intersected in structures range from
2.42 g/t Au to 101.7 g/t Au and have a length-weighted average grade of
6.7 g/t Au (uncut) over 113 m and 76 intervals highlighted in this
release (Table 1).

Since historical drilling has been limited to the upper 450 m of
vertical extension of the deposit, this remains open at depth across
the 4-km of strike length at depths that are relatively shallow for an
underground mine.

Results from the most northwest set of drill holes, which intersected
multiple high-grade intervals indicate that the high-grade structural
component of the deposit is still open along strike to the northwest.

Figure 1: 2020/2021 Drill Results

https://www.globenewswire.com/NewsRoom/AttachmentNg/cafe9a55-43f7-489c-ac04-00017211a672

2021 Phase 2 Drill Program - Drill Result Highlights (Figures 1 through 8)

Significant intercepts were encountered in 27 of the 42 holes drilled.
Highlights of best intercepts are presented in table below:


https://grancolombiagold.com/news-and-investors/press-releases/press-releases-details/2021/Gran-Colombia-Announces-Results-From-the-2021-Drill-Program-at-Its-Toroparu-Project-in-Guyana-Confirms-4-Km-Strike-Length-of-Structurally-Controlled-High-Grade-Gold-Mineralized-Structures/default.aspx


welcome to; Gran Colombia Gold: Largest Colombian Gold Producer with Growth Plans
Jun 25, 2021
Paul giving you a following mark )
TIA

$wiss Resource Capital AG
20.6K subscribers
Company presentation of currently the largest underground gold and
silver producer in Colombia, with several mines at its high-grade
operation in Segovia.
In Guyana, the company is advancing the recently acquired Toroparu
project, one of the largest undeveloped gold projects in the Americas.
Gran Colombia Gold pays a monthly dividend and has a stable shareholder
structure.

TSX:GCM
Frankfurt:6KLD
WKN:A2DQSF

http://www.grancolombiagold.com


https://www.youtube.com/watch?v=l-y1SzywNo8




$MRDALE thanks; WEBINAR June 23, 2021 Drilling Deeper: South America,
Presented by Red Cloud - CFO Mike Davies )
Webcast(opens in new window)

https://event.webinarjam.com/replay/530/34ll2trna61tmyi8x1w


https://grancolombiagold.com/overview/default.aspx


The Reset Has Begun ??Basel III: Gold Will Go Up

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$Gran Colombia Gold (GCM) - Dividend Paying Mid Tier
in the Making
5,516 views•Jun 13, 2021
Crux Investor
40.9K subscribers

$Interview with Serafino Iacono, Executive Chairman of Gran Colombia Gold
(TSX: GCM)

https://www.youtube.com/watch?v=aTPF8F1DYqg


$Videos


https://grancolombiagold.com/operations-and-projects/segovia-operations/videos/default.aspx

Our previous interview:

https://youtu.be/2WOb6TJ9D1k

Gran Colombia Gold is a Canadian-based mid-tier gold producer with its
primary focus in Colombia where it is currently
the largest underground gold and silver producer with several mines
in operation at its high-grade Segovia Operations.

Since we last spoke to Gran Colombia two years ago, they have been
busy in several areas.

$Gran Colombia is now producing gold and their guidance for this year
is 200-220,000 oz and they are well on track to meet that target.

The company has brought costs down and is now paying dividends at 3%
a year.

They have also managed to reduce their debt down from $90M to $19M and
by the end of the year they aim to have zero debt.

Gran Colombia owns approximately 44% of Aris Gold Corporation, a
Canadian mining company currently advancing a major expansion and
modernization of its underground mining operations at
its Marmato Gold Project in Colombia.

Gran Colombia took the Marmato mine and raised $300M to finance
the operation which is now in the hands of a management team.
This project is an investment for the company and will continue to
create value for the shareholders.

Gran Colombia’s project pipeline also includes an 100% equity
interest in Gold X Mining Corp.,

an approximately 36% equity interest in Denarius Silver Corp. and

an approximately 26% equity interest in Western Atlas Resources Inc.

Gran Colombia has come a long way in two years and has grown
considerably with the share price reaching highs of $8 per share.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164384814


https://themarketherald.ca/gran-colombia-completes-arrangement-with-gold-x-for-the-creation-of-a-new-mid-tier-latin-american-gold-producer-2021-06-04/?utm_source=stockhouse.com&utm_medium=widget&utm_campaign=stockhouse.com%7Cwebpart_news%7Cnews_tab


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$Pierre Lassonde: 1:1 Dow to Gold Ratio - $25,000 Gold Coming
22,126 views•May 31, 2021

https://youtu.be/XyroIjmQi_I

Palisades Gold Radio
70.2K subscribers
Tom welcomes mining legend Pierre Lassonde to the show. Pierre is the Co-
Founder of Franco Nevada and Formerly President of Newmont Mining.


https://www.youtube.com/watch?v=XyroIjmQi_I


$trunkmonk thanks; Aris Gold Announces 10,000 Metre Drill Program At Juby Project, Ontario, Canada

Aris Gold Corp this morning announced that it has begun
planning for a drill program on its Juby Project within
the Abitibi greenstone belt of Ontario.

The program is expected to consist of a total of 10,000 metres of
drilling.

https://thedeepdive.ca/aris-gold-announces-10000-metre-drill-program-at-juby-project/

Aris Gold Corp (TSX: ARIS) this morning announced that it has begun
planning for a drill program on its Juby Project within the Abitibi
greenstone belt of Ontario.
The program is expected to consist of a total of 10,000 metres of
drilling.


The initial drill program is set to begin in the third quarter of 2021,
with the program targeting an extension between the Big Dome and Golden
Lake deposits, while also testing known high grade mineralized zones.
Currently, the project contains a 10 kilometre long strike which
follows the Tyrrell Shear Zone.

Presently, the 14,000 acre Juby property contains a mineral resource
estimate of 773,000 ounces of indicated gold within 21.3 million tonnes
based on an open pit model.
A further 1,488,000 ounces of inferred resource is contain within the
model, within 47.1 million tonnes. The estimate is based on a 0.4 g/t
cut-off, and was established via 105,861 metres of drilling within 379
holes.

Active exploration has not occurred on the property since 2018.

Aris Gold last traded at $2.30 on the TSX.

$Gran Colombia Gold (TPRFF)(GCM:TSE) also owns approximately
44% of Aris Gold Corporation (TSX: ARIS), a Canadian mining company
currently advancing a major expansion and modernization of its
underground mining operations at its
Marmato Project in Colombia.


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Ps.
opinion appreciated
TIA