Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (“Tocvan” or the “Corporation”) is pleased to provide a summary from its Phase II drill program (the “Program”) at the Pilar Gold-Silver Project in Sonora, Mexico. A Phase II drill program was completed in June with over 3,500 meters of reverse circulation (RC) drilling in twenty (20) drill holes. Drilling was successful in three key target areas: 1) Main Zone Expansion, 30m to the northwest and a total of 150m to the southeast; 2) 4 Trench Zone, definition of a new mineralized trend over a 500m strike, parallel to the Main Zone; 3) Triple Vein Zone, one hole drilled, intersected a narrow silver-rich zone with gold. Results for the Phase II program are encouraging and warrant further drill definition to continue to expand the know areas of Au-Ag mineralization at Pilar, highlights from the Phase II program are summarized below.
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce that in connection with required permitting for continued exploration at La Victoria, it’s 82%-owned Peruvian subsidiary, Compañia Minera Eloro Peru S.A.C. (“Eloro Peru”), entered into a surface rights agreement (the “Agreement”) with the Pallasca Community in the Pallasca Province, Ancash Department, Peru. The Agreement allows exploration activities, including drilling, to proceed at the San Markito epithermal silver drill target.
Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) is pleased to announce that it has commenced the planned 10,000m diamond drill program at the Big Easy low sulphidation gold-silver project near Clarenville, Newfoundland. Drilling will initially focus on the Central Anomaly where previous drilling (see press release June 8, 2021) confirmed an extensive zone of silicification up to 200m wide with epithermal gold-silver mineralization. This additional drilling will more fully explore this very prospective zone which extends for at least 600m along strike. Table 1 lists initial planned drill holes and Figure 1 shows the location of the chargeability anomaly with planned drill holes. Drilling is also planned to test the chargeability/resistivity anomalies identified on the Sleigh Pond grid in the southern part of the property as outlined in the press release of June 8, 2021, and as shown in Figure 1. The Sleigh Pond program will likely take place in winter 2022. The drilling program is being managed by Mercator Geological Services with drilling being carried out by Logan Drilling Group.
There are not a lot of junior exploration companies which have survived for 25 years. Grid Metals (GRDM.V) has, and Robin Dunbar, CEO and President of Grid was happy to speak about the company’s history and prospects in a phone interview.
Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) (“Renforth” or the “Company”) is pleased to announce additional positive assay results from the 2021 portion of the >15,000m drilled into the wholly owned Parbec surface gold deposit in Malartic, Quebec, contiguous to the Canadian Malartic Mine. The interval of 9.5m of 4.66 g/t gold included a sub-interval of 1m which assayed 31.2 g/t of gold. This drill program, which consisted of 49 drill holes, was designed to infill gaps within the mineralized model, as well as test several historic holes in order to validate >13,000m of drill data excluded from the May 2020 Mineral Resource Estimate for Parbec and to begin to test the deposit at depth, greater than 75% of the mineralization in the model sits above a depth of 300m. With today’s release there are assay results from 10 drill holes remaining to be received and released once complete.
GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – today announced the delivery of initial NI 43-101 mineral resource estimates on the Company’s Plomosas Project (“Plomosas”), located in Sinaloa, Mexico.
|Sample#||Hole ID||From (m)||To (m)||Length (m)||Rh (ppb)||Pt (ppb)||Pd (ppb)|
Grid Metals Corp. (“Grid” or the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce the favourable results of initial metallurgical testwork showing high metal recoveries on core samples from the Central Parisien Lake palladium zone at its 100% owned East Bull Lake property near Sudbury, Ontario. The Company is also pleased to report that rhodium – the most valuable of the platinum group metals, is present in sufficiently high concentrations to be considered as a potential, additional pay metal in future metallurgical and economic assessments.
Gran Colombia Gold (GCM.T) is going big, Executive Chairman Serafino Iacono told me over the phone. “We mine gold in Colombia, but our operations have expanded. As well as gold in Colombia, we are recovering silver, and will have a new plant coming online which will process our tailings and extract lead and zinc as well. Then we have acquired the Toroparu gold and copper property in Guyana, which has almost 11 million ounces of gold and significant copper. So now we are adding diversification with polymetallic and multi-jurisdictional.”
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2021. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted.