Tag: gold

Canadian Orebodies: On Ice

JayCurrie
V.CORE, Canadian Orebodies, gold, Ontario
V.CORE, Canadian Orebodies
Freezing the rink

Part of the challenge in exploration is matching data to theory at the tip of a drill. When Canadian Orebodies (V.CORE) purchased the Black Raven property in April 2017, the initial data that was inherited included a set of historical drill cores which had been drilled by a prior operator, Entourage Metals. This core suggested that there was a narrow, high-grade vein which was called the Super G. read more

White Gold Corp. Closes Acquisition of QV Gold Project; Includes 230,000 Oz Gold Inferred Resource Contiguous to the White Gold Property and Compelling New Targets

MotherlodeTV

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company“) is pleased to announce the closing of the previously announced purchase (the “Acquisition”) of the QV Gold Project (the “Property”) from Comstock Metals Ltd. (TSX.V: CSL) (the “Vendor”). The Property covers 16,335 hectares (40,000 acres) in the White Gold District of the Yukon Territory, bringing the Company’s total holdings in the White Gold District to 439,000 hectares (1,080,000 acres). The Property is contiguous to the Company’s White Gold property which hosts its Golden Saddle and Arc deposits (960,970 oz indicated and 282,490 oz inferred), 20 km southwest of the Company’s new Vertigo Discovery on its JP Ross property and 44 kilometres northwest of Goldcorp Inc.’s (TSX: G, NYSE: GG) Coffee project. The Company plans to incorporate the Property in its 2019 exploration plan which will be announced in due course. 2019 marks the third year of the Company’s systematic and data driven regional exploration program backed by it partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). read more

Marathon Gold Completes Sale of Royalty to Franco-Nevada for Proceeds of $18 Million

MotherlodeTV
T.MOZ, Marathon Gold

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is excited to announce that it has closed the sale of a 2% net smelter returns royalty (the “NSR”) to Franco-Nevada Corporation (“Franco-Nevada”) (TSX, NYSE: FNV) linked to production at the Valentine Lake Gold Camp in central Newfoundland, for gross proceeds of CAD $18,000,000.  The NSR applies to the entire Valentine Lake property and covers the sales of precious and base metals and minerals.  Marathon has an option to buy back 0.5% of the NSR for US $7 million until December 31, 2022. read more

White Gold Corp. Further Expands Golden Saddle Deposit Geological Model Drilling 3.26 g/t Gold Over 35m, Defines New Gold Zones in the Hanging Wall and also Intersects Additional High-Grade Mineralization at Ryan’s Showing Discovery Demonstrating Structural Continuity

MotherlodeTV

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company) is pleased to announce additional drill results from its Golden Saddle deposit and the new Ryan’s Showing discovery on its White Gold property, Yukon, Canada. Drilling on the Golden Saddle identified new zones of high-grade gold mineralization in the Golden Saddle Upper Zone (“GS Upper Zone”) which is above the Golden Saddle Main Zone (“GS Main Zone”). The drilling also added additional continuity to the geological model, infilling gaps and significantly increasing the thickness of mineralization in the GS Main Zone in certain areas. read more