Tag: gold

Renforth Drills 9.5m of 4.66 g/t Gold at Wholly Owned Parbec Gold Deposit in Quebec

MotherlodeTV
RFR.C, Renforth Resources, gold, Quebec

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. read more

Gran Colombia: Getting bigger in Colombia and Guyana

JayCurrie
Gran Colombia Gold, GCM.T, Gold, Colombia

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.” read more

Lucky Minerals: Too Much Geology in Ecuador

JayCurrie
Lucky Minerals, LKY.V, gold, Ecuador,

“We have too much geology for our geologists,” Francois Perron, CEO of Lucky Minerals (LKY.V) told me in a telephone interview. It is a problem many junior exploration companies would like to have. Having 12 contiguous exploration concessions covering 550 Km2 means there is a lot of ground to cover. So much ground that Lucky Minerals has only been able to focus on a few “hot spots” on its Fortuna property in Ecuador. read more

Gran Colombia Announces Closing of Offering of US$300 Million 6.875% Senior Unsecured Notes; Gives Notice of Early Optional Redemption of 8.25% Senior Secured Gold-Linked Notes Due 2024

MotherlodeTV

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes due 2026. read more

Gran Colombia Prices Oversubscribed US$300 Million 6.875% Senior Unsecured Notes Offering

MotherlodeTV
T.GCM, Gran Colombia, gold, Colombia

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has successfully priced an oversubscribed offering of US$300 million in senior unsecured notes due 2026 at a coupon rate of 6.875% (the “2026 Notes”) pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended, (the “Act”), with closing expected to occur on or about August 9, 2021. read more

Renforth Successfully Completes Final Parbec Twin Hole With 11.75m of 3.3 g/t Gold

MotherlodeTV
RFR.C, Renforth Resources, gold, Quebec

Renforth Resources Inc. (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) (“Renforth” or the “Company”) is pleased to announce that PAR-21-132 successfully twinned PAR-87-33 with several mineralized intervals, including 11.75m which gave an average assay of 3.3 g/t Au between 130.15m and 141.9m down the hole, including a sub-interval of 15.53 g/t Au over 1.75m between 136.45m and 138.2m down the hole. Assay highlights for this hole are presented below. read more

Grid Metals Corp. Provides Update on Exploration Activities at Bannockburn Nickel and East Bull Lake Palldium Properties

MotherlodeTV
Grid Metals, GRDM.V

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to provide a shareholder update for its projects located in Ontario Canada. The drill program at Bannockburn Nickel is completed and the Company is awaiting assay results from the remaining seven drill holes submitted for assay. At the East Bull Lake Palladium Property first results from a sampling program over new prospective drill target areas are now pending with select samples expected in early August. At East Bull seven target areas are being field investigated in the summer field program which will assist in targeting for the upcoming phase of drilling. read more

Lucky Minerals Samples 8.08 g/t Gold Across 7.0 Meters Including 17.63 g/t Gold Across 3.0 Meters at Wayka

MotherlodeTV
LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc.(TSXV:LKY)(OTC PINK:LKMNF)(FSE:LKY) (‘Lucky‘ or the ‘Company‘) is pleased to announce it has received sample assay results from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (‘Fortuna’) in southern Ecuador. Systematic sampling has returned an average of 17.63 g/t over 3.0 meters with one sample returning 26.50 g/t gold. (See below for further detail). read more

Tocvan Drills 39.7 meters of 0.96 g/t Au including 12.2 meters of 3 g/t Au in Main Zone Step-Out Also Hits at Triple Vein Zone 400 meters to the East, Opens Up New Target Area

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce final drill results 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. Final results are included in this release, highlighted by drill hole JES-21-50 which returned 39.7 meters at 0.96 g/t Au in a 50 meter step-out to the Main Zone on trend with drill hole JES-21-47 which intersected 47.3 meters at 0.75 g/t Au. In addition, the first reconnaissance drill hole at the Triple Vein Zone (TVZ) was completed 400 meters to the east (JES-21-56) and was successful in intersecting mineralization at depth, returning 1.5 meters at 0.6 g/t Au and 139 g/t Ag. read more