Category: featured_news

Marathon Confirms Continuity by Drilling High-Grades Through Main Zone of Leprechaun Deposit, Valentine Lake Gold Camp, Newfoundland:

3.42 g/t Au over 181 meters & 2.65 g/t Au over 301 meters
MotherlodeTV
T.MOZ, Marathon Gold

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. read more

Cache Exploration Drilling Intersects Two Additional Visible Gold Zones,

5km from Initially Reported Visible Gold Zone at Kiyuk Lake Gold Project, Nunavut
MotherlodeTV
V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

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. read more

Victoria Gold: New Target, Spinach, Results include 5.0m @ 4.26 g/t Au, Dublin Gulch, Yukon

MotherlodeTV
V.VIT, Victoria Gold, gold

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 the first eleven (11) exploration drillholes at the Spinach target, a previously untested area north of the Olive-Shamrock Deposit. The Spinach target is the latest area to be tested on the Potato Hills Trend mineralization model. 2017 exploration at the Spinach target included soils geochemistry surveys, geologic mapping, trenches and diamond drilling focused on assessing the gold mineralization potential of the northern contact margin of the Dublin Gulch intrusive stock. Previous exploration work in this area had been restricted to mapping and only limited soils geochemical sampling. However, prior to drilling this season Victoria conducted a detailed soils geochemical survey over the target area and utilized these results to assist targeting subsequent Spinach trenches and drillholes. read more

Bonterra Extends Multiple Gold Zones by Additional 300 Meter Along Strike and Depth at Gladiator Gold Deposit

MotherlodeTV
Bonterra, V.BTR, gold

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the ongoing resource development program in and around the Gladiator Gold Deposit has successfully further extended the Main, Footwall and North Zones by increasing the strike and depth by up to 300 m depth to the known mineralized horizons. Results from six recent drill holes significantly expand the size and confirm the continuity of the Gladiator Gold Deposit. read more

NexGen Announces Filing of NI 43-101 Technical Report for the PEA on the Arrow Deposit, Rook I Project

MotherlodeTV
T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce that it has filed a technical report on the Arrow Deposit, Rook I Project (the “Technical Report“) pursuant to National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101“). The Technical Report supports the disclosure made by the Company in its July 31, 2017 news release announcing the results of the maiden preliminary economic assessment for the Arrow Deposit located on the Company’s 100% owned, Rook I Property. read more

Golden Predator Announces New Gold Vein Discoveries at 3 Aces Project, Yukon; Returns Sampling Results up to 103 g/t Gold

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 the discovery of two new gold veins in the Hearts and Clubs Zones at the 3 Aces Project in southeast Yukon. Additional results are pending from the recently completed 2017 summer work program that focused on soil sampling, trenching and road construction to identify and access future drill targets.  This program is in addition to the ongoing fully funded 40,000 m drill program at the 3 Aces project which now includes the two new high priority discoveries (See Map 6). read more

Bonterra Discovers New Gold Zone 5 km West of the Gladiator Gold Deposit

MotherlodeTV
Bonterra, V.BTR, gold

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce recent exploration activities located west of the Gladiator Deposit and within the extensive Coliseum Property have led to the discovery a new gold and silver bearing horizon (“Temica Gold Zone”). The discovery located approximately 4 km to the south west of the Gladiator Deposit, was highlighted by recent drill hole CL-17-14, which intersected 4.7 g/t Au and 44.6 g/t Ag over 2.7 m at a depth of 250 m below surface. The Bonterra technical team considers this newly discovered zone to be an extension of the Gladiator mineralized trend. read more

Margaux Resources and CRONIMET Agree to Assess the Historic Jersey Tailings for the Economic Recovery of Tungsten

MotherlodeTV

Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) (“Margaux” or the “Company”) is pleased to announce it has signed a term sheet with CRONIMET Mining Processing AG (“CRONIMET”), a business unit of the CRONIMET Mining Group. The parties have agreed to perform a preliminary assessment towards determining the potential economic feasibility of recovering minerals from the historic tungsten tailings from the Jersey-Emerald mine (“Tailings”). Subject to receiving positive results from the preliminary assessment, project funding, regulatory approvals and permitting funding, the Jersey-Emerald Tailings Project (“JET Project”) will advance to the next stage of assessment by expanding the operations to the pilot scale as further described below. read more