The Canadian exploration community lost a star this summer.
It is still a very tough market for gold explorers. Andrew Pollard, CEO of Blackrock Gold (V.BRC) knows this. The fact that Blackrock’s share price has gone from $0.03 to as high as $0.30 since Pollard became CEO in May of 2019 is encouraging but, Pollard is well aware, what matters are results.
Cannabis investors have had a series of rude shocks in the past few months. Right now, people still believe in the cannabis opportunity are much more selective in their investment choices. They want companies with real assets, cash on hand, a real business plan, proprietary intellectual property and a well-defined market.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce the Company has received $3.35 million in proceeds from the exercise of outstanding share purchase warrants with an expiry date of October 27, 2019, originally issued as part of the Company’s October 27, 2016 private placement financing. All related warrants have been exercised, including the participation of management, directors and other insiders.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) reports major advances in the work program at its 100% owned Brewery Creek Mine project located 45 minutes from Dawson City, Yukon. Following the announcement (July 2019) of the approval of the Quartz Mining License and Water License at Brewery Creek, the Company has focused intensely on preparing the former gold producer for redevelopment work to commence in 2020. The Company has also undertaken an aggressive exploration program designed to expand and upgrade current resources.
Blackrock Gold Corp. (TSXV: BRC) (the “Company“) is pleased to provide an update on the diamond drilling program currently being conducted at the Silver Cloud project located in Elko County, Nevada. Highlights are as follows:
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce multiple high-grade grab samples including 605.0 g/t Au, 497.0 g/t Au, 113.0 g/t Au and 78.3 g/t Au and GT Probe samples up to 17.35 g/t Au at the site of the recent Titan discovery, located on the road accessible Hen property contiguous to the Company’s JP Ross property, less than 15km WNW from the Vertigo discovery, in Yukon, Canada. These results demonstrate an extension of the regional scale high-grade gold system encountered across the adjacent JP Ross Property, including the Vertigo and other recently discovered targets along the Vertigo trend. Exploration activities were conducted to follow up on positive soil sample results previously released, which included values up to 113 g/t (113,000 ppb) Au, the highest ever recorded in the Company’s extensive soil database(1). Follow up activities have included infill soils, ground geophysical surveys (VLF & magnetics), prospecting/geologic mapping, GT Probe and RAB drilling, with additional results to be released in due course. The Company’s fully-funded $13 million 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.
Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or “the Company”) has received and interpreted additional analytical results from drill holes FK19-55 through FK19-63. These results are from the 2019 drill exploration program at the Forrest Kerr Gold Project in the Golden Triangle region of British Columbia. This release reports on drill holes located within the Boundary Valley but distal to the main mineralized zone at North Boundary. Part of a second phase of drilling, these holes tested for precious and base metal mineralization along geologic structures and contacts located outboard from known mineralization toward the margins of the large hydrothermal system present on this part of the Forrest Kerr Property.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to report an additional tranche of consistent and positive results from the ongoing infill drilling campaign at the Marathon Deposit, part of the Valentine Gold Project in central Newfoundland. The new drilling continues to delineate significant new zones of Quartz-Tourmaline-Pyrite-Gold (“QTP-Au”) veining in areas of limited previous drilling within the southwestern area of the planned Marathon open pit (Figures 2 and 3). Highlights of the latest drilling include: