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Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to provide an update of activity on the Jackpot property, part of Margaux’s Kootenay Arc project in southern British Columbia.
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 latest results are from the 14 exploration drillholes completed on the Eagle Extension Zone, a previously under-tested area immediately west of the proposed Eagle Gold Mine, that has identified new near-surface gold mineralization in an easily accessible area.
Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce the complete results from sampling over the 48 hour preliminary pumping test on CAU10 in the southeast of the Cauchari JV, where three drill rigs are now expanding the depth and lateral extent of the existing NI43-101 mineral resource dated December 20161.
First Mining Finance Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) (“First Mining” or the “Company”) is pleased to announce the positive results of an independent Preliminary Economic Assessment (“PEA”) for its Springpole Gold Project (the “Project”) in northwestern Ontario, Canada. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) by SRK Consulting (Canada) Inc. of Vancouver, Canada. The PEA describes the potential technical and economic viability of establishing a conventional open-pit gold mine-and-mill complex for the Project. The base case scenario utilizes long-term metal prices of $1,300 per ounce (“oz”) of gold (“Au”) and $20 per oz of silver (“Ag”).
Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) (“Margaux” or the “Company”) is pleased to provide an update on the Company’s initial fieldwork on its Ore Hill property, part of Margaux’s Kootenay Arc project in southern British Columbia.
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce results from the first assays received from the 2017 Bluto target surface trench exploration program. TR17-16, was the first major trench constructed at the Bluto target this season and was concentrated on a trail built with heavy equipment to access a water source that would be utilized in the planned 2017 Bluto diamond drilling exploration program. During the course of constructing this access trail a large, six (6) metre long low-lying scorodite-bering heavily fractured quartz vein was uncovered near the headwaters of Indicator Creek. This trench was sampled and sent to the assay lab for priority analyses — the entirety of trench TR17-16 returned:
Arizona Mining Inc. (TSX:AZ) (“Arizona Mining” or the “Company”) today announced that it has appointed Tom Whelan as Chief Financial Officer effective September 20, 2017. Mr. Whelan succeeds Paul Ireland, who will remain with the Company as a consultant.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to report the very positive results of new drilling down through the en-echelon stacked quartz-tourmaline-pyrite-gold (QTP) veining of the Main Zone corridor at the Leprechaun Deposit, Valentine Lake Gold Camp, central Newfoundland. The new drilling confirms the continuity of excellent gold grades down through the more than 350-meter deep and 25-60-meter wide mineralized Main Zone corridor of the Leprechaun Deposit (Figures 1 & 2). The dominant shallow southwest dipping en-echelon QTP veining and lesser shear parallel QTP veining of the Leprechaun Deposit is similar to the dominant shallow dipping QTP veining of the Marathon Deposit as well as elsewhere throughout the Valentine Gold Camp.
Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that visible gold (“VG”) has been observed, in drill core, from detailed logging of hole KI17-005 at the new East Gold Point target area. The 5-hole program has been successful in defining VG in a previously unrecognized structural host (please see news release 8-31-2017) and now in two newly intersected polymictic conglomerate settings at East Gold Point. East Gold Point is located some 5km from the 26.4g/t Au VG and finely mineralized intercept over 8m reported previously for the Rusty Zone.
Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) (“Margaux” or the “Company”) is pleased to provide an update on the Company’s Bayonne property, part of Margaux’s Kootenay Arc project in southern British Columbia.