Tag: gold

TerraX Winter Drilling Extends Sam Otto Zone with 1.5 km Step-out Hole, Confirming a 2.2 km Long Mineralized Zone Open Along Strike and at Depth

MotherlodeTV
TerraX expands Yellowknife City Gold field exploration program

TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce assay results from the first 5 holes (2,003 m) of its 2018 winter drill program now underway on the Yellowknife City Gold project. Two of these holes (688 m) tested the Sam Otto South extension, confirming a 2.2 km mineralized zone that remains open along strike and at depth. These holes were drilled as a follow up to our surface sampling program done in 2017 (news release of Sept 26, 2017). That program indicated the Sam Otto zone may extend for 3.5 kilometers south of the main zone which was drilled over 750 m of strike length in 2016. Hole TSO18-035 was collared 1.5 kilometer south of the Sam Otto main zone and intersected a broad zone of deformation and alteration (150 m wide) that contained a mineralized zone assaying 2.16 g/t Au over 27.16 m, including 1 m of 23.1 g/t Au, and 2.44 m at 7.99 g/t Au. read more

Victoria Gold is Building a Mine

JayCurrie
Canada gold, junior mining companies

We’ve been reporting on Victoria Gold (V.VIT) for several years. CEO John McConnell has been convinced that there would be a mine at the Eagle Deposit  Dublin Gultch in the Yukon. Today’s press release announcing a Comprehensive C$500 Million Financing Package for Eagle and Continuation of Construction Activities means that Victoria is financed right through until commercial production. read more

Victoria Gold Announces Comprehensive C$500 Million Financing Package for Eagle and Continuation of Construction Activities

MotherlodeTV
V.VIT, Victoria Gold, gold, Yukon

Victoria Gold Corp. (TSX.V:VIT) “Victoria” or the “Company” is pleased to announce that it has entered into documentation with Orion Mine Finance (“Orion”), Osisko Gold Royalties Ltd (“Osisko”) and Caterpillar Financial Services Limited (“Caterpillar Financial”) with respect to a construction financing package totalling approximately C$505 million in aggregate (the “Financing”) that will fully fund the development of the Eagle Gold project through to commercial production. The Financing is comprised of: read more

Grizzly Provides Greenwood Property Update and 2018 Exploration Plans

JayCurrie
Grizzly Discoveries, V.GZD, gold, BC

Edmonton, Alberta–(Newsfile Corp. – March 6, 2018) – Grizzly Discoveries Inc. (TSXV: GZD) (OTC Pink: GZDIF) (FSE: G6H) (“Grizzly” or the “Company”) is pleased to announce that it has submitted permit applications to conduct drilling at three targets, all located within its Greenwood Project area in southern B.C., including the Ket28, Motherlode North and Dayton targets. read more

Enforcer Gold Announces the Start of Drilling on the Mop-II Gold-Copper Deposit, Roger Project

MotherlodeTV
V.VEIN, Enforcer Gold, gold, Quebec, Steve Roebuck

Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to announce the start of the Phase 1 drilling program on the Mop-II gold-copper deposit. The Roger Project is located within the Abitibi greenstone belt and is 5 km from the historic mining centre of Chibougamau, Quebec. read more

Reunion for Hemlo Alumni: Interview with CEO Canadian Orebodies’ (TSX-V: CORE) Gordon McKinnon

JayCurrie
gold, mining, exploration

Today, Canadian Orebodies Inc. (TSX-V: CORE) released results from its fall 2017 Black Raven prospecting program which is indicating a significant discovery of multiple high grade gold bearing vein structures.  The results are validating the company’s strategy of consolidating its land position at Black Raven as it is starting to uncover a new trend in the historic Hemlo mining camp. read more

Margaux Resources Ltd. Provides 2017 Exploration Activities Highlights on its Sheep Creek Gold District and Kootenay Arc Zinc District; Attendance at PDAC 2018

MotherlodeTV

Margaux Resources Ltd. (TSXV: MRL) (OTCQB:MARFF) (“Margaux” or the “Company”) is pleased to provide highlights of its 2017 exploration activities on its southern British Columbia (“BC”) Sheep Creek Gold District and Kootenay Arc Zinc District. A new video which summarizes the 2017 work program is available at the following link, (https://youtu.be/Qg2gZF8Z2LE), and is posted on the Company’s website, www.margauxresources.com. read more

Golden Predator Commences 2018 Winter Drill Program at 3 Aces Project

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) is pleased to announce it has commenced a 4,000 m diamond drill program at its 100% owned 3 Aces Project in southeastern Yukon. The drill program will initially focus on stepping-out with wide-spaced drilling within the Central Core Area, testing continuity along favorable stratigraphic-structural contacts along the Hearts-Clubs corridor and from the Spades area, now believed to represent the down dip extension of the Hearts-Clubs corridor (GPY NR February 26, 2018). Results from 2017 drilling along the Hearts-Club Corridor include 19.81m of 3.32 g/t gold from a depth of 10.67m (3A17-203), and 4.57 m of 81.35 g/t gold from a depth of 0.76 m (3A17-208) at Spades (GPY NR October 25, 2017 and January 16, 2018). read more

Greenwood Property 2017 Exploration Program Completed and Submitted to Grizzly Discoveries

JayCurrie
Grizzly Discoveries, V.GZD, gold, BC

Edmonton, Alberta–(Newsfile Corp. – March 2, 2018) – Grizzly Discoveries Inc. (TSXV: GZD) (OTC Pink: GZDIF) (FSE: G6H) (“Grizzly” or the “Company”) is pleased to announce that it has been advised by Kinross Gold Corporation’s wholly owned subsidiary, KG Exploration (Canada) Inc. (“Kinross”) that Kinross has completed its 2017 work program on the Grizzly Greenwood property, located near Greenwood in southern B.C. The 2017 work program has confirmed, with drilling, the presence of precious metal mineralization at the Midway and Mt Attwood-Overlander target areas. read more