Arizona Mining Continues to Expand Taylor Deeps Mineralization Outside PEA Resource Outline
20 FEET ASSAYING 26.9% ZINC-LEAD AND 15.9 OPT SILVER
Category: featured_news
TerraX extends the Walsh Lake structure by 2.7 km to the north with high grade gold in outcrop sampling
TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report it has extended its Walsh Lake structure by 2.7 km with extensive surface sampling of high grade gold mineralization in outcrop. These results potentially increase the strike length to 6 kilometers through outcrop grab sampling and high gold values in lake sediment geochemical sampling. For all sample results reported, please see map here (https://www.terraxminerals.com/projects/yellowknife-city-gold/field-exploration-2017/#october-11-2017).
Rye Patch Gold Announces Florida Canyon Mine Production
Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the “Company” or “Rye Patch”) reports its production results for the third quarter of 2017 (Q3) at the Company’s flagship Florida Canyon mine in the state of Nevada.
Victoria Gold: Mineralization Extended 390m Below the Eagle Reserve Pit; Including 104.6m @ 1.20 g/t Au from 539m to 644m, Dublin Gulch, Yukon
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of assays from the first of four drillholes that targeted previously untested areas adjacent to and below the 2016 Eagle Gold Mine Updated Feasibility Study pit boundary, the Eagle Deep target. These four holes were drilled to demonstrate the upside mineralization potential of the Eagle Gold Mine by highlighting the consistency of the gold mineralization beyond the currently envisioned pit walls and was executed as part of the on-going 2017 Dublin Gulch (the “Property”) exploration campaign.
Jourdan Discovers Lithium Mineralization on Property Adjacent to North American Lithium’s Producing Mine
Successfully hit on 75% of targets on recently acquired properties
JOURDAN RESOURCES INC. (TSX-V : JOR, Stuttgart: 2JR1) (“Jourdan” or the “Company“) is pleased to announce the results from a 1500 m drill program has been completed on the Preissac-Lacorne Lithium Portfolio, optioned from Alix Resources Inc (“Alix”) (TSX-V AIX) and one other claim that is owned by Jourdan.
Marathon Deposit Drilling Hits in Main Zone Corridor: 1.88 g/t Au over 225m with 4.87 g/t Au over 25m & 3.38 g/t Au over 25m Valentine Lake Gold Camp, Newfoundland
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to report very positive results from new drilling at the Marathon Deposit, Valentine Lake Gold Camp, central Newfoundland. Additional infill drilling, down through the 75-100-meter wide and more than 500-700-meter deep mineralized corridor of the Marathon Deposit, has further confirmed the continuity of good gold grades throughout the corridor with 1.88 g/t Au over 225 meters including 4.87 g/t Au over 25 meters and 3.38 g/t Au over 25 meters in MA-17-213 (Figure 1). Drill holes drilled across the main mineralized corridor also intercepted numerous high-grade intervals including 7.21 g/t Au over 7 meters in MA-17-201, 3.59 g/t Au over 18 meters in MA-17-206, 12.65 g/t Au over 3 meters in MA-17-207, 2.19 g/t Au over 22 meters in MA-17-204, and 4.04 g/t Au over 7 meters in MA-17-209. Drilling toward the southwest end of the current resource pit shell also intersected significant mineralization with 8.46 g/t Au over 5 meters in MA-17-203, 3.44 g/t Au over 3 meters in MA-17-210, and 3.57 g/t Au over 3 meters in MA-17-208.
Margaux Resources Announces Large Gold Soil Anomaly at Sheep Creek and Rig Mobilization to the Sheep Creek Property Following Completion of Drilling at Bayonne
Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to announce a large gold soil anomaly at Sheep Creek, as well as provide an update on its 2017 drill program on its Kootenay Arc properties in southeastern British Columbia.
Sierra Metals discovers several wide, high-grade copper structures in the first four holes designed to test geophysical targets at the Bolivar property
•22 high priority exploration targets were identified in our Titan 24 geophysical survey
- The first four drill holes intercepted wide, high-grade copper structures in three different zones previously unknown to be mineralized
- Drill hole highlights include:
Hole No. Continued High-Grade Intersections From Ongoing Drilling Confirms Ascendant Resources’ Higher Potential Mining Grade and Tonnage Theory at El Mochito•ZnEq grades proving to be consistently above current mining grade
Infill Holes Jordan Resources Announces Agreements to Acquire the Rome Lithium and Baillargé North PropertyJourdan now surrounds the Quebec Lithium Mine on three sides with Rome Lithium Property AcquisitionJOURDAN RESOURCES INC. (TSX-V: JOR) is pleased to announce it has entered into a non-arm’s length assignment agreement with Fairmont Resources Inc. entitling Jourdan to acquire a 100% interest in the Rome Lithium property (the “Property”), subject to a 2% production royalty, of which half (1%) can be bought back for $1,000,000 at any time. In consideration of the acquisition of the interest in the Property, Jourdan will: (i) make a $50,000 cash payment, $25,000 of which has already paid pursuant to the ROFR agreement announced June 29, 2017, (ii) issue 1,500,000 common shares of Jourdan, (iii) grant an additional 2% net smelter return (“NSR“) on the Property, of which half (1%) may be bought back for $1,000,000 at any time, and (iv) the completion of exploration expenditures on the Property totaling $150,000 on or before June 10, 2019 (the “Option”). |