Tag: gold

Aben Resources Announces $4 Million Private Placement Led by Eric Sprott

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Aben Resources Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the “Company”) announces a non-brokered private placement of up to 13,333,333 units at a price of $0.30 each to raise gross proceeds of up to $4,000,000.  Each unit will consist of one common share and one warrant (each, a “Warrant”) exercisable to purchase one additional common share at a price of $0.45 each for a period of two (2) years from the date of issuance. The lead order is for $2,000,000 from Eric Sprott who will subscribe for 6,666,667 million Units. Additionally, Palisade Global Investments will subscribe for 2,750,000 million Units and Venture Ad Network will subscribe for 600,000 Units. read more

Marathon Announces Appointment of Chief Operating Officer and awards Metallurgical Contract to SGS

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T.MOZ, Marathon Gold

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to announce the appointment of Robbert Borst as Chief Operating Officer of the Company effective August 1, 2018. Mr. Borst successfully managed the company’s initial Preliminary Economic Assessment (PEA) for the Valentine Lake Gold Camp which was released on May 17, 2018. read more

White Gold Encounters High Grade Surface Results of up to 29.1 g/t Gold at JP Ross, Drilling Underway on Newly Defined Targets

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White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce that high-grade gold mineralization has been encountered near surface on the Vertigo Trend located on the JP Ross property within a similar geological setting to the nearby Golden Saddle deposit on the Company’s White Gold property. The mineralization was encountered using the innovative GT Probe which is used in place of traditional trenching. The sample results support the modeling developed by the Company through soil sampling, Lidar and IP-Resistivity testing which identified at least 3 zones of potential mineralization. Rotary-Air-Blast (RAB) drilling has commenced to test the newly discovered gold targets. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. read more

White Gold Corp Drills 6.9g/t Au over 32.0m, 4.6g/t Au over 44.9m, Encounters Additional Near Surface Gold Mineralization on Golden Saddle and Provides Update on 2018 Exploration Program

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White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to provide an update on its fully funded $9 million exploration program and announce initial diamond drilling results. The 2018 program is designed to expand on and discover new resources on its flagship White Gold property as well as test several regional targets on its extensive land package representing approximately 40% of the White Gold District in Yukon, Canada. The initial phase of the diamond drilling program was designed to explore previously underexplored portions of the Golden Saddle deposit. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. read more

Aben’s First Drill Hole Discovers Multiple High-Grade Zones Including 62.4 g/t Gold over 6.0m within 38.7 g/t Gold over 10.0m at Forrest Kerr Project in BC’s Golden Triangle

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Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (the “Company”) is pleased to report that assay results from the first drill hole of 2018 have been received with multiple high-grade zones and precious metal values intersected in the hole at shallow depths. Drill hole FK18-10 was collared in the North Boundary Zone of the Forrest Kerr Property in BC’s Golden Triangle region where drilling late in the season in 2017 discovered strong precious and base metal mineralization. Hole FK18-10, the first of eight holes that have been drilled thus far, has four separate high-grade zones with the best zone returning and interval of 38.7 g/t Au over 10.0m including 62.4 g/t Au over 6.0m starting at 114 metres downhole. read more

Goldplay Appoints Vice President, Corporate Development & Exploration

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V.GPLY, Goldplay Exploration, gold
Cision

Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF – the “Company” or “Goldplay”) is pleased to announce  the appointment of Mr. Trevor Woolfe to the newly created position of Vice President, Corporate Development and Exploration. As Vice President, Corporate Development and Exploration, Mr Woolfe will identify and assess new opportunities with the potential to grow the Company, engage in investor relations and marketing, raise the Company profile in the investment community  and enhance its shareholders’ value, as well as providing management support to ongoing exploration activities. Mr. Woolfe will report directly to the President and CEO of Goldplay, Mr. Marcio Fonseca. read more

Goldplay Intercepts 77.5 m @ 0.43 g/t Au at El Habal

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V.GPLY, Goldplay Exploration, gold
Figure 1: Drill Hole Location Map (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF – the “Company” or “Goldplay”) is pleased to announce initial results of four drill holes of the Company’s first phase of its core drilling program, at its 100%-owned El Habal Project, Sinaloa, Mexico. The program has successfully identified near-surface continuity of gold mineralization. Four drill holes were completed at El Habal, totaling 1045.85 meters. Highlights include: read more

Goldplay: “Is this a mine?”

JayCurrie
Goldplay (V.GPLY): “Is this a mine?”

People have been mining gold and silver in Mexico for hundreds of years. The Rosario mine in Sinaloa Mexico operated from the 1700s to 1944 on the western edge of the Sierra Madre Occidental. A few kilometers away, Goldplay Explorations (V.GPLY) is looking for gold and silver at its El Habal and San Marcial projects. The San Marcial project has a historic 43-101 compliant silver resource with upside opportunities for expansion. The El Habal is at drilling stage with recent attractive results from trenching supporting exploration potential. read more