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The junior exploration business in Canada follows a fairly predictable pattern: deploy drills as early in spring as the local climate allows, drill through the summer, begin reporting drill results in mid to late August and continue through until November.
Marathon Gold Corporation (MOZ-TSX) (“Marathon”) announced today its financial results for the three and six months ended June 30, 2019. Following the completion of the updated preliminary economic assessment (“PEA”) on the Valentine Gold project in October 2018 and a successful financing transaction in February 2019, Marathon’s focus is on the development of the Valentine Gold project through the completion of a pre-feasibility study (“PFS”) and ultimately to a construction decision. The appointment of Matt Manson as President and Chief Executive Officer of Marathon effective August 19, 2019 strengthens the management team in areas that will be critical as the Company progresses from permitting and feasibility studies through to financing and mine development.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to provide an update on its fully funded $13 million 2019 exploration program, announcing initial diamond drilling results on its recent high-grade Vertigo discovery and on its flagship Golden Saddle deposit, located in the prolific White Gold District in Yukon, Canada. This first phase of diamond drilling was designed to test the geometry of the Vertigo target and previously underexplored portions of the Golden Saddle deposit and surrounding area. The ongoing 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe sampling , trenching and RAB/RC drilling on various other properties across the Company’s expansive land package.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce the continued growth in gold discovery potential at the Company’s San Marcial Project, Sinaloa, Mexico, with an update of the most recent surface results and newly discovered gold-silver exploration drill targets.
We’ve been trying to get an interview with Golden Predator Mining Corp (GPY:TSXV) CEO Janet Sheriff since the beginning of July. Because Sheriff has been incredibly busy.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company” or “Golden Predator”) announced today that it has commenced site improvements and an accelerated exploration/development drilling program at its fully licensed 100%-owned Brewery Creek Mine near Dawson City, Yukon. Site development work is underway following the receipt of formal notification from the Yukon Government confirming the validity of the current Quartz Mining License and Water License which permits the immediate start of work to reactivate the Brewery Creek Mine. The 2019 exploration drilling program will test numerous targets across the property with the objective of expanding and upgrading the existing mineral resource.
Marathon Gold Corporation (“Marathon Gold” or the “Company”) (TSX: MOZ) is pleased to announce the appointment of Matthew (Matt) L. Manson as President and Chief Executive Officer and Director of the Company effective August 19, 2019.
Any exploration company CEO would be pleased to report a headline number of 204.6 grams per ton gold. For Goldplay (V.GPLY) CEO Marcio Fonseca, that is just the beginning. The drill result reported in the July 30 press release is part of a much larger story.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce a high-grade gold intersection from its first core drill hole at the San Marcial Project (“San Marcial”), Sinaloa, Mexico.
