Category: featured_news

TerraX expands Yellowknife City Gold field exploration program

JayCurrie
TerraX expands Yellowknife City Gold field exploration program
Vancouver, September 12, 2017 – TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC: TRXXF) is pleased to announce that it has budgeted an additional $1.8 Million in field exploration spending at the Yellowknife City Gold project to follow up on promising exploration targets identified during the summer field work. This work will be carried out between now and the end of 2017 and will include extensive ground magnetic and induced polarized (IP) surveys on new and established drill targets and comprehensive biogeochemical surveys over large areas of the property covered by swamps and overburden.

So far this summer, TerraX has completed extensive surface exploration on the Yellowknife City gold project, with over 5,000 surface and channel samples from numerous target areas having been delivered to the lab for analysis, with assay results pending. Terrax has also completed electromagnetic, magnetic and radiometric geophysical surveys totaling approximately 3,200 line kilometres and ground-based magnetic surveys on known high-grade gold zones in preparation for drilling later this season. read more

Golden Predator Pours Gold Bar; Intersects 19.3m of 16.15 g/t Gold at 3 Aces Project

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 that it has poured a 744 troy ounce gold doré bar from the #1 table concentrate of its initial 776 metric tonne bulk sample. The Company also announces results of the remaining 10 holes at the Ace of Spades. Subsequent drilling began on the northerly extension of the Hearts zone in August and on the newly discovered gold in quartz veins at the Diamonds zone in September. read more

Eloro Resources Receives Drilling Permit for the La Victoria Gold/Silver Project Drill Program

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V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce that Compania Minera Eloro Peru S.A.C., Eloro’s wholly-owned Peruvian subsidiary, has received its ‘Permiso para Inicio de las Actividades de Exploracion’ (“Drilling Permit”) that authorizes the drilling of up to 10 sites within the Rufina zone of the La Victoria Gold/Silver Project, Pallasca Province, Ancash Department, Peru (the “Property”). read more

Marathon Gold Expands Senior Management, Robbert Borst to manage upcoming Preliminary Economic Assessment

MotherlodeTV
T.MOZ, Marathon Gold

Marathon Gold Corporation (Marathon or the Company) (TSX:MOZ) Marathon Gold is pleased to announce the addition of Mr. Robbert Borst to manage the companypcoming PEA. He will be starting with Marathon effective October 1, 2017. read more

Victoria Gold: Olive Exploration Results include 33.3 meters of 1.54 g/t Au

MotherlodeTV
V.VIT, Victoria Gold, gold, Yukon

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 seven exploration holes completed in the Olive target area in 2017, where exploration efforts concentrated on previously undrilled areas south and west of the main Olive-Shamrock Zone into which the Olive Shear Zone was interpreted to extend. These results further demonstrate the successful application of the Potato Hills Trend mineralization model on the Dublin Gulch Property and it’s ability to identify additional gold mineralization proximal to defined gold deposits. read more

Canadian Orebodies Intersects 32.4 Metres of 1.4g/t Au, Including 5.0 Metres of 4.2g/t Au at Wire Lake

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V.CORE, Canadian Orebodies, gold, Gordon McKinnon

Canadian Orebodies Inc. (the “Company”) (TSX VENTURE:CORE) is pleased to announce the second batch of core assays from its summer drill campaign at the Wire Lake Project. The program consisted of twenty-two holes being drilled (WL-2017-001 to 009, 009A, and 010 to 021) totaling 3,069 metres. read more

NexGen Acquires Remaining 40% Interest in the Dufferin Lake Property

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company“) (TSX:NXE, NYSE: NXE) is pleased to announce that it has entered into a purchase agreement (the “Purchase Agreement“) with Rainmaker Resources Ltd. and Eagle Trail Properties Inc. (collectively, the “Vendors“) to acquire the Vendors’ collective 40% interest in the Dufferin Lake property (the “Property“). Upon closing of the transaction, the Company will hold a 100% interest in the Property. See figure 1 for a map illustrating the location of the Property. read more

Marathon Drills Deeper High-Grades at the Marathon Deposit: 3.39 g/t Au over 28m with 16.71 g/t Au over 5m Valentine Lake Gold Camp, Newfoundland

JayCurrie
T.MOZ, Marathon Gold

TORONTO, Sept. 07, 2017 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to report continued positive drill results from the Marathon Deposit, Valentine Lake Gold Camp, central Newfoundland. New infill drilling further confirms the continuity of good gold grades through the 75-100-meter wide and more than 500-700-meter deep mineralized corridor of the Marathon Deposit, further enhancing the upgrading of Inferred resources to Measured and Indicated resource categories.  Drilling down the east edge of the main mineralized corridor intersected high-grade gold values including 3.45 g/t Au over 20 meters with 5.60 g/t Au over 9 meters and 12.85 g/t Au over 6 meters in MA-17-189, and 2.85 g/t Au over 15 meters with 30.72 g/t Au over 1 meter in MA-17-190. Steep drilling across the main mineralized corridor intersected 1.73 g/t Au over 43 meters with 4.36 g/t Au over 6 meters, 2.11 g/t Au over 19 meters and 4.72 g/t Au over 5 meters in MA-17-196, and 3.39 g/t Au over 28 meters with 16.71 g/t Au over 5 meters in MA-17-199 (Figure 1). read more

Cache Exploration Acquires 100% of Kiyuk Lake Gold Project, Nunavut

JayCurrie
V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

September 7, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that it has made the final payment to Montego Resources Inc. for the acquisition of 100% of the Kiyuk Lake Gold Property through payment of $300,000 by the issuance of up to 3,000,000 Common shares of the Company having a deemed value of $0.105 per Share (“Shares for Debt Settlement”) read more