Tag: gold

Marathon Drills Deeper High-Grades at the Marathon Deposit: 3.39 g/t Au over 28m with 16.71 g/t Au over 5m Valentine Lake Gold Camp, Newfoundland

JayCurrie
T.MOZ, Marathon Gold

TORONTO, Sept. 07, 2017 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to report continued positive drill results from the Marathon Deposit, Valentine Lake Gold Camp, central Newfoundland. New infill drilling further confirms the continuity of good gold grades through the 75-100-meter wide and more than 500-700-meter deep mineralized corridor of the Marathon Deposit, further enhancing the upgrading of Inferred resources to Measured and Indicated resource categories.  Drilling down the east edge of the main mineralized corridor intersected high-grade gold values including 3.45 g/t Au over 20 meters with 5.60 g/t Au over 9 meters and 12.85 g/t Au over 6 meters in MA-17-189, and 2.85 g/t Au over 15 meters with 30.72 g/t Au over 1 meter in MA-17-190. Steep drilling across the main mineralized corridor intersected 1.73 g/t Au over 43 meters with 4.36 g/t Au over 6 meters, 2.11 g/t Au over 19 meters and 4.72 g/t Au over 5 meters in MA-17-196, and 3.39 g/t Au over 28 meters with 16.71 g/t Au over 5 meters in MA-17-199 (Figure 1). read more

Cache Exploration Acquires 100% of Kiyuk Lake Gold Project, Nunavut

JayCurrie
V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

September 7, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that it has made the final payment to Montego Resources Inc. for the acquisition of 100% of the Kiyuk Lake Gold Property through payment of $300,000 by the issuance of up to 3,000,000 Common shares of the Company having a deemed value of $0.105 per Share (“Shares for Debt Settlement”) read more

Cache Exploration Drilling Intersects 26.4 g/t Au over 8m from Drilling in the Rusty Zone at the Kiyuk Lake Gold Project, Nunavut

JayCurrie
V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

September 6, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that partial assay results have been received for KI17-001 the first hole of the program of its ongoing summer drill program at its Kiyuk Lake Gold project in Nunavut. read more

GGX Gold: 16 meters 4.59 gpt AU

JayCurrie
Canada gold, junior mining companies

GGX Gold (V.GGX) is reporting over 16 meters of 4.59 gpt gold and 38.64 gpt silver at its Gold Drop Project near Greewood, BC. We’ve had interesting results from GGX earlier this summer with “Samples from the first batch of samples returned significant results for gold and silver with values up to 81.8 g/t Gold and 630 g/t Silver. (August 21, 2017) and drilling results including a half meter of 24.1 gpt AU and 192 gpt AG (August 28, 2017). read more

Gowest Gold: Building a Mine

JayCurrie
V.GWA, Gowest Gold, gold, Timmins, Greg Romain

We’ve followed Gowest Gold (V.GWA) for several years and from the get go it was clear Greg Romain was going to build a mine. Right now, at Gowest’s property north of Timmins, Ontario, an underground ramp has been extended 350 meters. “We’re 100 meters from ore,” said Romain. “What we have been seeing is what we expected. Once we hit the ore zone, we will start mining.” read more

Redcloud on Victoria Gold

JayCurrie
V.VIT, Victoria Gold, gold, Yukon

“We expect continued exploration success to be a positive catalyst for the stock and should help demonstrate the exploration upside that exists. Victoria currently trades at a discount on a per ounces basis, or C$33/oz versus peers at C$57/oz, which we believe does not take into account the exploration potential of the Dublin Gulch property or that the project has just transitioned from shovel ready to under-construction.” read full report here