Month: April 2021

Lucky Minerals Identifies a New Epithermal System the Wayka Target: with Outcrop Samples up to 2.90 g/t Gold, Fortuna Property, Ecuador

MotherlodeTV
LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has identified the Wayka target (“Wayka”), a new epithermal system in which initial assay results from surface outcrop panel samples have returned up to 2.90 g/t gold at its 100% owned Fortuna Property (“Fortuna”). Fortuna comprises approximately 55,000 hectares in a known mineralized zone in southern Ecuador. read more

Clean Air Metals reports new Assays from Escape Deposit and commences additional 15,000m drill program to target Norilsk-style Massive Sulfides

MotherlodeTV
Figure 1: 2021 Drill Hole Intercepts in the Escape Lake Deposit Area (CNW Group/Clean Air Metals Inc.)

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce new assay results (Table 1) from the drilling campaign at the Escape Lake Deposit currently underway with two drills at the Company’s Thunder Bay North Project (the “Project“). A total of 30,000m of systematic delineation drilling connecting the Escape South and Steepledge South resource areas is planned for the Escape Lake Deposit in 2021. read more

Tocvan Commences Largest Drill Program Ever Conducted at Pilar

Phase II Drilling Starts with a Planned 4,000 Meters.
MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce the start-up of the Phase II drill program (the “Program”) at its flagship Pilar Gold-Silver Project. The Program will consist of two stages and plans for a minimum of 4,000-meters of Reverse Circulation (“RC”) Drilling. Stage One will focus on the continued definition and expansion of the Main Zone, which during Phase I returned 94.6-meters at 1.6 g/t Au including 9.2m at 10.8 g/t Au and 38 g/t Ag in drill hole JES-20-32. Stage Two will begin to test new targets across the property including the Triple Vein Zone and 4-Trench Extension. read more

Cartier Signs Definitive Agreements with SOQUEM and Owns 100% of the Fenton Property

MotherlodeTV
Cartier Resources

Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces the execution of a definitive agreements with SOQUEM Inc. (“SOQUEM”) in connection with the acquisition by Cartier of all the rights and interests of SOQUEM (i.e. 50%) in a group of 14 mining claims located 50 km southwest of Chapais in consideration for a purchase price of $700,000 payable as follows: (a) an amount of $300,000 in cash and (b) the issuance of 1,261,431 common shares of Cartier. read more

Eloro Resources reports 442 grams silver equivalent/tonne (Ag eq/t) over 166m including 1,092 g Ag eq/t (446 g Ag/t, 9.03%Pb and 1.16%Sn) over 56.2m in Continuous Channel Sampling of Santa Barbara Adit, Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Southern Bolivia

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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,
Table 1

Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to provide an update on its Iska Iska silver-tin polymetallic project in Potosi Department, southern Bolivia. To date, the Company has completed 28 diamond drill holes totalling 10,677 metres to test the Huayra Kasa Mine area, Santa Barbara Breccia Pipe (“SBBP”) and Central Breccia Pipe (“CBP”) targets. This press release reports further drilling results from five additional holes (DSB-02 to DSB-06) on SBBP and detailed continuous channel sampling in the Santa Barbara adit. Two new holes (DCN-01 and DCN-02) have been completed on the CBP with results pending. Figure 1 is a geological plan map showing locations of the drill holes and updated geological interpretation. Figure 2 is a geological cross section along the axis of the SBBP showing location of the main mineralized zone. Figure 3 is a N-S cross section through the SBBP. Figure 4 is map of the continuous channel sampling at the Santa Barbara adit. Tables 1 gives significant drilling results, Table 2 gives complete continuous channel sampling results for the Santa Barbara Adit and Table 3 lists holes completed with assays pending. Highlights are as follows: read more

Gran Colombia Reports First Quarter 2021 Gold Production

MotherlodeTV
T.GCM, Gran Colombia, gold, Colombia

Gran Colombia Gold Corp. ( TSX:GCM;OTCQX: TPRFF) announced today that it produced a total of 18,643 ounces of gold at its Segovia Operations in March 2021 bringing the total gold production for the first quarter of 2021 to 49,058 ounces compared with 50,346 ounces in the first quarter of 2020. The Company also produced 57,315 ounces of silver in the first quarter of 2021, up from 45,918 ounces of silver in the first quarter last year. read more

Stratabound Minerals: “How do we mine this?

JayCurrie
V.SB, Stratabound Minerals, gold, Yukon

Typically, an exploration company will hire an exploration geologist to run a greenfields program on prospective ground. This makes a lot of sense as exploration geologists serve what amounts to an apprenticeship learning how best to evaluate and de-risk a piece of ground. Stratabound Minerals (V.SB) went in another direction: their President and CEO, Kim Tyler has a wealth of experience as an “operating geologist”. read more

Industrial Sorting Tests increase by 170 % the Grade of the Mineralisation of the Chimo Mine Property

MotherlodeTV
Cartier Resources
Highlights :
  • The industrial sorting tests of mineralisation representative of the Chimo Mine project produced a concentrate representing by mass a bit more than 50 % of the original mass of the material with a percentage increase of 170 % of the gold content compared to the feed of the sorter;
  • The sorting tests carried out by Corem and by Steinert US are comparable and these result in positive conclusions which bode well for increasing the value of the resources with the mineralization sorting technology. The objective of the industrial sorting of the mineralization is to increase the grade of the preconcentrated material preceding the milling operations, which allows to:
    • Increase the recovery rate at the mill;
    • Reduce transport costs to the mill;
    • Reduce milling costs;
    • Reduce the costs of environmental restoration of mine tailings;
    • Reduce the environmental footprint of mine tailings and consequently increase the social acceptability of mining project.

    VAL-D’OR, Quebec, April 08, 2021 – Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces the results industrial sorting tests of mineralisation representative for the Chimo Mine property, located 45 km east of Val-d’Or. The tests were carried out by two laboratories: Corem in Quebec (Canada) and Steinert US in Kentucky (USA). read more