Cartier Iron to Commence Diamond Drilling to Test Geophysical Targets for Low Sulphidation Epithermal Gold-Silver Mineralization Along Major Structures at the Big Easy Gold Project, Newfoundland

  • 2,000m diamond drilling program to commence by the end of January to test new IP targets and Central Anomaly on major magnetic trends
  • 54.5 line-kilometres of additional IP surveys to be completed on major target area in southern part of claims

TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Cartier Iron Corporation (CSE: CFE(“Cartier Iron”), is pleased to announce the start of a 2,000m, 7-hole diamond drill program at the Big Easy Gold Project in Newfoundland to test new Induced Polarization (IP) targets (see press release December 2, 2020) and follow-up drilling on the Central Anomaly where drilling in 2018 intersected a wide alteration zone which returned 0.11gAu/t and 2.65gAg/t over 180.4m (see press release December 18, 2018). Table 1 gives a list of proposed hole locations. An additional 54.5 line-kilometres of IP surveys will also be carried out to follow-up a major new target area outlined in the southern part of the property. read more

First Mining Announces Positive Pre-Feasibility Study for the Springpole Gold Project, Ontario, Canada

Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%

Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%
After-Tax NPV5% of US$995 million, After-Tax IRR of 29%
Average Annual Gold Production of 335,000 ounces and AISC of US$577/oz in Years 1 through 9 read more

Etruscus Samples 7,013 g/t Silver, 12.7 g/t Gold at Newly Discovered “Thunderstruck” Target at Rock & Roll

C.ETR, Etruscus Resources, gold, BC

Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce substantial rock sampling results from the “Thunderstruck” target newly discovered during its 2020 summer exploration program in the Eskay Camp of BC’s resource-rich Golden Triangle. The Thunderstruck target is located 1.5 km southeast of the Hurricane Target (announced January 13, 2021), both located on the recently staked extended Rock & Roll claims, and 13 km northwest of the Black Dog Deposit. read more

VTEM© UNCOVERS “THE HURRICANE,” TWO NEWLY DISCOVERED LARGE CONDUCTIVE TARGETS AT ROCK & ROLL

C.ETR, Etruscus Resources, gold, BC

Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce the discovery of a new high-priority mineralized zone on the Company’s Rock & Roll property, located in the Eskay Camp of BC’s resource-rich Golden Triangle. Two targets along the “Hurricane” were discovered as a result of a VTEM© airborne survey completed during the 2020 exploration season (Click Here to View Map). The Hurricane represents two strong geophysical conductors located on recently staked claims, 15 km northwest of the Black Dog Deposit.  Upon receipt of VTEM© data, Hurricane was immediately upgraded to high-priority due to its location within favourable Black Dog stratigraphy of the Upper Stuhini Group and was followed up with sampling, prospecting and mapping during the 2020 exploration season. The recent discovery of Hurricane was only possible due to major glacial retreat. Previous glacial cover inhibited any meaningful historical exploration. But, with recent exposure of these highly prospective targets, follow up exploration to preliminary sampling will be prioritized in the 2021 exploration season. Hurricane Highlights: read more

Parbec Assays 13m of 1.72 g/t Au in the Sediments

RFR.C, Renforth Resources, gold, Quebec

nforth Resources Inc. (CSE:RFR) (“Renforth” or the “Company”) is pleased to provide shareholders with the most recent assays, including 13m of 1.72 g/t Au, from our Fall 2020 9,644m drill program at Parbec, designed to add ounces to our NI 43-101 Resource Estimate Open Pit Constrained Gold Deposit, adjacent to, and on strike of, the Canadian Malartic Mine, Canada’s largest gold mine, currently operating as an open pit. Today’s press release brings to 5 the drillholes reported on, out of 27 drilled in the program. Highlights for PAR-20-103, PAR-20-104A and PAR-20-104, each of which intersected gold, as did each of the prior 40 holes drilled by Renforth at Parbec, are as follows; read more

GoldSpot Machine Learning Identifies 8 New Syenite Drill Targets at Northstar’s Miller Gold Property

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Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“)reports that machine learning stochastic cluster analysis and final 3D inversions by GoldSpot Discoveries Corp. (GoldSpot) on a 2020, 5 km2 gravity and magnetic geophysical survey dataset has identified multiple anomalies with the same signature as known gold-bearing syenites on the Miller Gold Property (Figure 1). read more

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