Gold Mineralization
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Colibri Resource Completes Phase 1 Reconnaissance Drilling at the San Perfecto / Banco de Oro Targets at the EP Gold Project, Sonora, Mexico; Initial Assays Received and Additional Sampling Underway
TMX Newsfile· 2026-01-28 12:25
Core Insights - Colibri Resource Corporation has provided an update on its gold exploration drilling and assay progress at the El Plomo Gold Project in Sonora, Mexico, indicating positive developments in their exploration efforts [1][3]. El Plomo Project - Phase 1 Reconnaissance Drilling - The Phase 1 reconnaissance reverse circulation drilling program at the El Plomo Gold Project has been completed, consisting of twenty-two drill holes totaling approximately 1,815 meters [3][4]. - The drilling program aimed to evaluate near-surface gold potential and identify geological vectors for follow-up exploration, focusing on areas with favorable structural and lithological characteristics for gold mineralization [4][8]. - Initial gold assay results have been received for some drill holes, indicating gold mineralization at shallow depths across various geological settings [6][8]. - Additional targeted sampling, referred to as "shoulder sampling," has been initiated to evaluate the continuity and geometry of gold mineralization [7][8]. - A comprehensive update on drilling and assay results will be released once the analytical dataset is complete [7]. Evelyn Project - West Sahuaro Target - Historical drilling at the West Sahuaro target on the Evelyn Project confirmed gold mineralization in all six holes tested during the initial discovery drilling program [11]. - A reconnaissance reverse circulation drill hole was completed at the West Sahuaro target, designed to test for lateral continuity and extend the depth of known mineralization [12]. Quality Assurance / Quality Control - All drill samples were collected and prepared following industry-standard quality assurance and quality control procedures, submitted to an independent accredited laboratory for analysis [13].
Radisson Announces Additional High-Grade Drill Results at O'Brien Including 23.37 g/t Au over 4.0 Metres and the Deepest Intercept to Date
TMX Newsfile· 2026-01-27 11:30
Core Insights - Radisson Mining Resources Inc. has announced significant assay results from seven new drill holes at its 100%-owned O'Brien Gold Project, part of a 140,000-metre step-out drill program aimed at exploring gold mineralization [1][2]. Summary by Categories Drill Results - The new drill results include broad mineralized zones with high-grade vein intercepts at "Trend 1," extending mineralization to a vertical depth of 1,450 metres, which is 375 metres below existing mineral resources [2]. - The completion of the final wedges from pilot hole OB-24-337 has delineated new mineralization in multiple veins beneath historic mine workings, achieving a 100% success rate in intercepting vein grades consistent with the Project's mineral resources [2][15]. - The deepest intercept recorded at the Project is from new pilot hole OB-25-378, which reached a vertical depth of 1,620 metres, marking the deepest mineralization yet found [2][15]. Specific Assay Results - Drill hole OB-25-322W3 intersected 23.37 g/t Au over 4.0 metres, including a high-grade intercept of 60.60 g/t Au over 1.5 metres [3][16]. - OB-25-337W15 recorded 5.38 g/t Au over 4.5 metres, with a notable inclusion of 8.86 g/t Au over 1.5 metres [3][17]. - OB-25-378 achieved a high-grade intercept of 15.70 g/t Au over 1.1 metres at a depth of 1,620 metres [15][21]. Project Overview - The O'Brien Gold Project is located in the Bousquet-Cadillac mining camp along the Larder-Lake-Cadillac Break in Abitibi, Québec, with indicated mineral resources estimated at 0.58 million ounces at 8.2 g/t Au and inferred resources at 0.93 million ounces at 4.4 g/t Au [28]. - The ongoing exploration program has shown a high success rate, with 84% of completed drill holes intersecting gold mineralization consistent with the Project's mineral resources [13][14]. Future Plans - The company is actively drilling with six rigs on-site and plans to mobilize two additional rigs shortly to continue exploring the mineralization at the O'Brien Gold Project [2][15].
Founders Metals Intersects 90.0 m of 1.02 g/t Gold at Lower Antino
TMX Newsfile· 2026-01-22 12:30
Core Viewpoint - Founders Metals Inc. has reported significant drill results from the Lower Antino Target at the Antino Gold Project in Suriname, indicating a large-scale gold system with potential for both bulk tonnage and high-grade gold zones [1][3]. Drill Results - Hole LA041 returned 90.0 metres of 1.02 grams per tonne (g/t) gold, including a high-grade interval of 1.0 m at 28.44 g/t Au, marking the highest-grade single drill intercept at Lower Antino to date [1][3][7]. - The mineralization at Lower Antino is characterized by multiple sub-parallel gold zones along approximately 1.9 kilometres of strike, with widths ranging from 15 to over 90 metres [1][4]. Geological Insights - Gold mineralization occurs within altered and sheared tonalite, associated with disseminated pyrite and quartz veining, suggesting a consistent distribution of gold across broad intercepts [4][6]. - The drill-defined system aligns with a geophysical anomaly over 2 km, indicating the potential for further expansion beyond current drilling [4][7]. Expansion Potential - Mineralized intervals appear to be increasing in width as drilling progresses southward, with trenching results showing 29.0 m of 0.51 g/t Au and 10.0 m of 0.68 g/t Au [5][7]. - The system remains open for expansion in all directions, with additional drilling confirming further mineralization 100 m south of the current body [5][7]. High-Grade Zones - Historical sampling has reported grades up to 340 g/t Au in grab samples and 21 g/t Au in channel samples, indicating the presence of high-grade targets within the broader mineralized system [6][7]. - The average saprolite thickness of 50 m across the target area presents a significant opportunity for near-surface oxide gold extraction [6][7]. Company Overview - Founders Metals Inc. is focused on advancing the Antino Gold Project, which spans 56,000 hectares and has produced over 500,000 ounces of gold from historical mining [13]. - The company is committed to responsible exploration and aims to deliver long-term value to shareholders through strategic growth in the Guiana Shield [13].
Miata Intersects 4.3 m at 12.49 g/t Gold and 22.7 m at 2.23 g/t Gold at Jons Trend at the Sela Creek Gold Project, Suriname
Globenewswire· 2026-01-22 12:08
Core Insights - Miata Metals Corp. has announced final assays from its 2025 drill program, revealing high-grade gold intercepts at the Jons Trend zone and promising results from the Big Berg target [1][2]. Jons Trend - The assays from Jons Trend indicate an expansion of the known mineralization zone, with significant results including 57 m at 1.01 g/t gold and high-grade intervals such as 4.3 m at 12.49 g/t gold [3][5]. - The drilling program at Jons Trend has confirmed continuous gold mineralization across a previously untested corridor of 750 m by 250 m, extending to depths of 200 m [5][8]. - All but one hole in the Jons Trend drilling program yielded multiple mineralized intercepts, enhancing the size and grade of the mineralization [5][8]. Big Berg - Exploration drilling at the Big Berg target has produced results including 8.1 m at 2.21 g/t gold, with mineralization associated with a brittle-ductile fault [4][9]. - The Big Berg target is located approximately 500 meters southeast of Jons Trend and is expected to be a focus for further exploration in 2026 [4][9]. Future Plans - Miata plans to aggressively follow up on the discoveries in 2026 with a drill program targeting 25,000 m, which will include discovery drilling on multiple targets [2][4]. - The company aims to identify the full extent of the Jons Trend's mineralization in terms of strike, width, and depth throughout 2026 [3][4]. Company Overview - Miata Metals Corp. is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mineral properties, holding a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project [20].
Kirkland Lake Discoveries Confirms and Expands Syenite-Hosted Gold Mineralization at Wolverine Bend
TMX Newsfile· 2026-01-22 12:00
Core Insights - Kirkland Lake Discoveries Corp. (KLDC) is advancing its fully funded 25,000-meter diamond drilling program at the KL West Property in Ontario, confirming significant gold mineralization linked to altered syenite intrusions [2][3][6] Drilling Results - Recent drilling at the Wolverine Bend target has confirmed altered syenite intrusions as a primary control on gold mineralization, validating KLDC's exploration model [3][6] - Drilling results include: - KLD25-39: 6.3 meters at 0.62 g/t Au from 43.1 meters down hole - KLD25-40: 8.3 meters at 0.86 g/t Au from 24.9 meters down hole, including 5.5 meters at 1.21 g/t Au from 26.0 meters [6][20] - At the Winnie Lake target, a vertically zoned hydrothermal system has been identified, indicating prolonged multi-phase hydrothermal activity [4][22] Mineralization Systems - Multiple gold-bearing and polymetallic mineralizing systems have been confirmed within a 2-km segment of the 17-km-long Winnie Lake Stock (WLS) contact corridor, highlighting the district-scale exploration potential of KL West [5][6] - The presence of copper-rich breccias and gold-bearing alteration suggests a significant overlap of mineralization styles within the Blake River Group [13][22] Program Overview - As of January 17, 2026, a total of 4,409 meters have been drilled across 13 completed holes, with an average hole depth of 340 meters [19] - The drilling program is ongoing with two rigs currently operational, focusing on structurally controlled zones interpreted to host both gold and copper-rich mineralization [14][19] Future Plans - KLDC plans to drill-test a 1.5 km² intrusion-related gold soil anomaly along the northwestern margin of the WLS, characterized by elevated Au-Bi-Cu-Mo-W values [28] - The company has received all necessary drilling permits for the Kirkland Lake West region, allowing for continued exploration across multiple high-priority targets [29]
Roxmore Resources Reports Drill Results From Drill Program at the Converse Project, Battle Mountain - Eureka Trend Nevada
Accessnewswire· 2026-01-20 12:30
Core Insights - Roxmore Resources Inc. has reported significant drilling results from its Converse Gold Project, indicating robust gold mineralization and continuity [1][3][5] Drilling Results - The drill hole CV25-007C intersected 194.5 meters grading 0.71 g/t gold from a depth of 190.2 meters, including higher-grade intervals of 12.5 meters at 1.14 g/t Au and 24.1 meters at 1.77 g/t Au [1][7][8] - The true thickness of mineralization in CV25-007C is estimated to be approximately 150 meters, with the highest individual gold assay returning 5.39 g/t Au [4][10] Geological Context - The geology of the Converse Gold Project shows similarities to the Phoenix deposit, which is currently being mined by Nevada Gold Mines [6] - The mineralization is controlled by sedimentary beds and high-angle fluid-feeding structures, with alteration intensity increasing toward these structures [10][11] Economic Assessment - The results from the ongoing drilling program will be incorporated into the updated geological model and the Preliminary Economic Assessment (PEA) studies [13] - Roxmore Resources is focused on advancing the Converse Gold Project, which contains 5.57 million ounces of Measured and Indicated Mineral Resources and 0.42 million ounces of Inferred Mineral Resources [14] Upcoming Catalysts - Further drill results are expected in Q1 2026, with the release of the Converse PEA anticipated in Q2 2026 [17]
Goliath Intersects Several High-Grade Holes Including 19.13 g/t Au Over 6.10 Meters, Drilling Significantly Expands Extent Of Gold Mineralization In All 5 Main Zones That Remain Open
Globenewswire· 2026-01-20 11:20
Core Insights - The news release highlights the successful completion of the 2025 drilling campaign at the Surebet Discovery, with all 110 drill holes intersecting gold mineralization, confirming the continuity, grades, and widths across five main gold-rich zones and 46 distinct lodes [4][11][17] - The company plans to focus its fully funded 2026 drill program on expanding these mineralized zones and exploring the potential Motherlode source [4][11][12] Drilling Results - Drill hole GD-25-319 intersected 19.13 g/t Au over 6.10 meters, with notable intervals including 22.86 g/t Au over 5.10 meters and 29.09 g/t Au over 4.00 meters [5][15] - Drill hole GD-25-405 reported 10.58 g/t Au over 8.30 meters, including 14.04 g/t Au over 6.25 meters and 15.50 g/t Au over 5.60 meters [5][15] - Drill hole GD-25-312 showed 10.56 g/t Au over 3.70 meters from a gold-rich quartz-sulphide breccia [5][15] - Overall, 83 out of 110 holes (76%) contained visible gold to the naked eye, indicating strong mineralization [4][18] Mineralized Zones - The Surebet Discovery consists of five primary mineralized zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado, with a total of 46 gold-rich lodes [11][12][21] - The Bonanza Zone has a strike length of 1.8 km and contains intercepts up to 13.53 g/t AuEq over 11.00 meters [10][14] - The Surebet Zone has a strike of 1.2 km with intercepts reaching 21.08 g/t AuEq over 23.00 meters [10][14] - The Golden Gate Zone features intercepts up to 34.52 g/t AuEq over 39.00 meters [10][14] - The Whopper Zone and Eldorado Zone also show significant mineralization, remaining open for expansion [10][14] Geological Insights - High-grade gold has been identified in three distinct rock packages: quartz-sulphide breccias, Eocene-aged dykes, and calc-silicate altered breccia [11][16] - The presence of visible gold in core samples and the continuity of mineralization suggest a nearby Motherlode magmatic source [11][12][16] - The geological model indicates a potential for further expansion of the mineralized footprint, which currently covers 1.8 km² [11][21] Future Plans - The company is preparing for the 2026 drilling season, focusing on expanding the mineralized zones and further investigating the Motherlode source [12][21] - The updated geological model will guide drilling targets, with a strong foundation for continued exploration and potential resource development [11][17]
Goliath Intersects Several High-Grade Holes Including 19.13 g/t Au Over 6.10 Meters, Drilling Significantly Expands Extent Of Gold Mineralization In All 5 Main Zones That Remain Open
Globenewswire· 2026-01-20 11:20
Core Insights - Goliath Resources Limited has reported significant assay results from the 2025 drilling campaign at the Surebet Discovery, confirming the presence of high-grade gold mineralization across multiple zones [25][26][30] - The 2025 drilling campaign has demonstrated remarkable continuity, grades, and widths in gold mineralization, with 100% of the 110 drill holes intersecting gold [19][25][32] - The company is fully funded for a 2026 drill program aimed at expanding the five main mineralized zones and exploring the potential Motherlode source [25][26] Drilling Results - Drill hole GD-25-319 intersected 19.13 g/t Au over 6.10 meters, while GD-25-405 intersected 10.58 g/t Au over 8.30 meters, showcasing high-grade gold intercepts [19][25][28] - A total of 83 out of 110 holes (76%) drilled in 2025 contained visible gold to the naked eye (VG-NE), indicating strong mineralization [19][32] - The assay results from the 2025 campaign have expanded the high-grade gold footprint at the Surebet Discovery, which remains open for further growth [25][30] Mineralized Zones - The updated geological model identifies five primary mineralized zones: Bonanza, Surebet, Golden Gate, Whopper, and Eldorado, comprising 46 distinct lodes [25][27][30] - The Bonanza Zone has a strike length of 1.8 km and contains intercepts up to 13.53 g/t AuEq over 11 meters, while the Surebet Zone has intercepts up to 21.08 g/t AuEq over 23 meters [27][28] - The Golden Gate Zone has intercepts up to 34.52 g/t AuEq over 39 meters, indicating significant potential for further exploration [27][28] Geological Insights - The mineralization at Surebet is characterized by three distinct rock packages, including gold-rich stacked quartz-sulphide breccias, intermediate to felsic gold-rich dykes, and calc-silicate altered breccia [29][30] - The presence of VG-NE across various rock types confirms the potential for a nearby Motherlode magmatic source, which is responsible for the extensive high-grade gold system [29][30] - The geological studies conducted by the Colorado School of Mines have provided new insights into the ore-forming processes, enhancing the understanding of the high-grade gold discovery potential [30][34]
Globex Reports Final Drill Hole Results from Rouyn-Merger
Globenewswire· 2026-01-14 14:00
Core Insights - Globex Mining Enterprises Inc. has reported assay results from the final four drill holes in the East O'Neil gold occurrence area, part of its 100% owned Rouyn-Merger property in Quebec, totaling 1,095 meters drilled [1]. Drill Results Summary - The latest drill results include: - RM-25-01: 3.44 g/t Au over 38.7 meters, with notable intersections of 12.60 g/t Au over 6.7 meters and 4.59 g/t Au over 6.3 meters [2][3]. - RM-25-02: 3.47 g/t Au over 26.4 meters, including 11.67 g/t Au over 6.1 meters [2][3]. - RM-25-03: 2.74 g/t Au over 9.0 meters, with 4.90 g/t Au over 4.5 meters [5]. - RM-25-05: 13.06 g/t Au over 4.7 meters [5]. Historical Data - Historical drilling data has been integrated into the current dataset, with significant past intersections including: - Hole 80-04: 7.08 g/t Au over 10.27 meters and 3.48 g/t Au over 7.49 meters [4]. - RM-22: 4.85 g/t Au over 4.27 meters [4]. Geological Context - The local geology consists of finely bedded intermediate tuff, transitioning to gabbro, and includes conglomerate units [7]. - Gold mineralization is associated with silicified zones containing disseminated pyrite, with variable gold grades observed [8]. Next Steps - Following positive drill results, the company plans to conduct a detailed Induced Polarization and magnetometer survey, with additional drilling anticipated [9].
Delta Reports Multiple Gold Intercepts (4.25 g/t Gold over 11.8 Metres and 1.37 g/t over 10.5 Metres) at New Shabaqua Target 1.3 Kilometres West of Eureka Gold Deposit
TMX Newsfile· 2026-01-13 12:00
Core Viewpoint - Delta Resources Limited continues to expand the mineralized footprint at the Eureka Gold Deposit through step-out drilling, indicating strong potential for higher-grade mineralization beyond the currently defined area [3][8]. Drill Program Overview - The recent diamond drill program consisted of 26 holes totaling 5,237 meters, with assay results reported for 22 of these holes [4][7]. - Notable drill results include multiple gold intercepts at the Shabaqua Target and continued mineralization at the Eureka Gold Deposit [5][8]. Shabaqua Target - The Shabaqua Target, located 1.3 kilometers west of the Eureka Gold Deposit, has shown promising results with multiple higher-grade intervals, including 4.25 g/t Au over 11.8 meters in hole D1-25-150 [5][10]. - The initial phase of drilling indicates potential for higher-grade gold mineralization beyond the Eureka footprint [10]. Eureka Gold Deposit - Step-out drilling at the Eureka Gold Deposit has yielded significant results, including 1.32 g/t Au over 7.0 meters in D1-25-136 (Eureka South) and 3.83 g/t Au over 3.0 meters in D1-25-142 (Eureka West) [5][8]. - The mineralization at Eureka has been defined over approximately 2.5 kilometers of strike length and remains open for expansion [9][23]. Wedge Target - The Wedge Target, located about 4 kilometers west of the Eureka Gold Deposit, has also shown encouraging mineralization, with assay results pending for two completed holes [4][11]. Future Exploration Activities - Delta has completed a high-resolution drone-based magnetic survey over the Shabaqua and Wedge target areas and is awaiting results from a regional till-sampling program to guide further exploration [15][16]. - The I-Zone sector, located approximately 18 kilometers southwest of the Eureka Gold Deposit, hosts several high-grade gold showings, with historical drill intercepts indicating strong potential [16].