Marathon Gold Commences PEA & New Drilling at Marathon Deposit Hits: 1.51 g/t Gold over 162.5 Meters & 1.36 g/t Gold over 198.6 Meters Valentine Lake Gold Camp, Newfoundland
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Tag: gold
Cache Exploration Drilling Intersects 122m of 1.8 g/t Gold in the Rusty Zone and 64m of 1.5 g/t Gold at the New Discovery East Gold Point
Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce the complete assay results of the 2017 summer drill program at its 100% wholly owned Kiyuk Lake project in Nunavut.
Great Article on Eric Sprott’s Investments
It is great to see a Seeking Alpha contributor dig in on where one of Canada’s great mining investors is putting his money. Eric Sprott likes gold a lot. He has a ton of Novo stock but he also has Bonterra, Garibaldi and investments in a dozen other Canadian explorers.
Dundee Precious Metals Completes Investment in MineRP and Combination With Terrative Digital Solutions
Dundee Precious Metals Inc. (TSX:DPM) (“DPM”) is pleased to announce that it has completed the previously announced acquisition of MineRP Holdings Proprietary Limited (“MineRP”) and combination with its Terrative Digital Solutions Division (“Terrative”).
GGX Gold Prospects Could Get A Lot Hotter
Northern Equity Research has a new report out on GGX Gold (V.GGX):
TerraX acquires Burwash Mine property, completing ownership of high grade gold and silver trend on Eastbelt property
TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report that it has entered into an agreement to acquire the historic Burwash Mine property, immediately adjacent to its Eastbelt property, Yellowknife City Gold Project.
Golden Predator Drilling Confirms Continuity at 3 Aces Project
Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) is pleased to report results for 20 reverse circulation drill holes at the 3 Aces Project in southeast Yukon. Drill results have confirmed a doubling of the strike length of the Ace of Hearts vein with 600 m of continuity, and the extension of mineralization for 340 meters along the Hearts-Clubs Corridor. The 1.6 km Hearts-Clubs Corridor drill program, a component of the 2017 drill program, is designed to test and establish continuity along shear zones hosting gold-in-quartz veins. A second parallel shear zone, below the Hearts-Clubs Corridor, was also established and confirmed with visible gold along a 450 m segment, additional drilling results are pending.
Pretium ramps up
Excellent article from our friend Lesley Stokes over at The Northern Miner on Pretium (T.PVG) operations at its Brucejack Mine in Northern British Columbia. Pretium is now processing stope ore with grades running over 12 grams per ton. In the third quater overall, Pretium produced 82,203 oz. gold from 261,262 tonnes grading 10.52 grams gold per tonne. What is remarkable is that the all in sustaining cash cost of this production was US $446 per ounce.
A New Abitibi?
Evolving Gold, (V.EVG) is joining Eastmain and Goldcorp in the James Bay region of Northern Quebec. It is a geological sub-province which is showing signs of becoming a new Abitibi with greenstone showings and significant gold. I have an article up at Seeking Alpha about the New Abitibi and how investors can get into the play without paying a premium.
Cartier Intersects 7.3 g/t Au Over 2.2 Meters on Chimo, Extends 5M4 Zone to a Depth of 500 m
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that the first results of its 25 000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. Four drill holes, completed 700 m east of the former Chimo Mine workings and on the 5M Zone gold-bearing structure have intersected the 5M4 Zone (FIGURE). The best results are: 7.3 g/t Au/2.2 m included in 2.0 g/t Au/14.1 m and 5.8 g/t Au/2.4 m included in 1.5 g/t Au/14.0 m (see table below).