Month: September 2017

TerraX expands Yellowknife City Gold field exploration program

JayCurrie
TerraX expands Yellowknife City Gold field exploration program
Vancouver, September 12, 2017 – TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC: TRXXF) is pleased to announce that it has budgeted an additional $1.8 Million in field exploration spending at the Yellowknife City Gold project to follow up on promising exploration targets identified during the summer field work. This work will be carried out between now and the end of 2017 and will include extensive ground magnetic and induced polarized (IP) surveys on new and established drill targets and comprehensive biogeochemical surveys over large areas of the property covered by swamps and overburden.

So far this summer, TerraX has completed extensive surface exploration on the Yellowknife City gold project, with over 5,000 surface and channel samples from numerous target areas having been delivered to the lab for analysis, with assay results pending. Terrax has also completed electromagnetic, magnetic and radiometric geophysical surveys totaling approximately 3,200 line kilometres and ground-based magnetic surveys on known high-grade gold zones in preparation for drilling later this season. read more

Golden Predator Pours Gold Bar; Intersects 19.3m of 16.15 g/t Gold at 3 Aces Project

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) is pleased to announce that it has poured a 744 troy ounce gold doré bar from the #1 table concentrate of its initial 776 metric tonne bulk sample. The Company also announces results of the remaining 10 holes at the Ace of Spades. Subsequent drilling began on the northerly extension of the Hearts zone in August and on the newly discovered gold in quartz veins at the Diamonds zone in September. read more

Eloro Resources Receives Drilling Permit for the La Victoria Gold/Silver Project Drill Program

MotherlodeTV
V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce that Compania Minera Eloro Peru S.A.C., Eloro’s wholly-owned Peruvian subsidiary, has received its ‘Permiso para Inicio de las Actividades de Exploracion’ (“Drilling Permit”) that authorizes the drilling of up to 10 sites within the Rufina zone of the La Victoria Gold/Silver Project, Pallasca Province, Ancash Department, Peru (the “Property”). read more

Marathon Gold Expands Senior Management, Robbert Borst to manage upcoming Preliminary Economic Assessment

MotherlodeTV
T.MOZ, Marathon Gold

Marathon Gold Corporation (Marathon or the Company) (TSX:MOZ) Marathon Gold is pleased to announce the addition of Mr. Robbert Borst to manage the companypcoming PEA. He will be starting with Marathon effective October 1, 2017. read more

Metallic Minerals begins Royalty Program

JayCurrie
Canada gold, junior mining companies

Metallic Minerals (V.MMG) has a press release out today announcing an option agreement to acquire 36.4 square kilometres (“km2”) of mining rights along the Australia Creek drainage, a tributary to the Indian River, in the Klondike gold district near Dawson City, Yukon. In the same release Metallic announces that it has entered into a production royalty agreement for 2.4 kilometers of that property which will give Metallic a 12% royalty on gold produced. read more

Peartree Securities on the Yukon

JayCurrie
Canada gold, junior mining companies

Excellent perspective piece on the Yukon mining scene by Gary Baschuk of Peartree Securities. Peartree specializes in flow through shares which finance so much of the exploration which takes place in Canadian Mining and Baschuk has seen a lot of exploration camps. It is interesting to see companies like Victoria Gold, Atac Resources and Western Copper and Gold through a finance guy’s lens. read more

Victoria Gold: Olive Exploration Results include 33.3 meters of 1.54 g/t Au

MotherlodeTV
V.VIT, Victoria Gold, gold, Yukon

Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of additional analytical results from the on-going 2017 Dublin Gulch (the “Property”) exploration campaign. These results include seven exploration holes completed in the Olive target area in 2017, where exploration efforts concentrated on previously undrilled areas south and west of the main Olive-Shamrock Zone into which the Olive Shear Zone was interpreted to extend. These results further demonstrate the successful application of the Potato Hills Trend mineralization model on the Dublin Gulch Property and it’s ability to identify additional gold mineralization proximal to defined gold deposits. read more