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Opus One Gold Obtains 4.22 g/t Gold Over 18.95 m at 80 m From Hole NO-25-07 on its Zone 1 Gold Discovery, Noyell Project
Globenewswire· 2025-06-02 12:30
NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, June 02, 2025 (GLOBE NEWSWIRE) -- Opus One Gold Corp (TSX-V: OOR) (the “Company” or “Opus One”) is pleased to announce that drill hole NO-25-07 from the winter drilling program on its 100% owned Noyell project near the town of Matagami, Abitibi, Québec, Canada, returned 4.22g/t Au over 18.95 m from 95,75 to 114.7 m. The mineralized interval represents a true width of approximately 15 m within the Zone 1 structu ...
Miata Metals Signs Option to Increase Ownership of the Nassau Gold Project in Suriname to 100%
Globenewswire· 2025-06-02 11:30
VANCOUVER, British Columbia, June 02, 2025 (GLOBE NEWSWIRE) -- Vancouver, BC (June 2, 2025) – Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB:MMETF) (“Miata” or the “Company”) is pleased to announce that it has entered into an option agreement (the “Nassau Agreement”) with the registered owner (the “Optionor”) of the Nassau gold project in Suriname (“Nassau”), providing a path to increase the 70% interest currently held by the Company to 100%. “With this transaction, Miata now holds exposure to the potenti ...
GFG Announces Encouraging Phase 1 Drill Results from Pen Gold Project, Ontario
Globenewswire· 2025-06-02 10:23
Core Insights - GFG Resources Inc. has reported encouraging results from its Phase 1 2025 greenfield drill program at the Pen Gold Project, indicating significant gold and base metal mineralization at multiple targets [2][3][4] Exploration Results - The Phase 1 drilling focused on several targets including the Muskego North Shear Zone (Alpha and Foxtrot), southern Muskego Shear Zone (Charlie), and the Destor-Porcupine Fault (Delta) [2][4] - Notable results include: - Alpha Target: 1.00 g/t Au over 1.0 m in hole MSK-25-004, confirming the presence of shear-hosted gold mineralization [4][7] - Chabot Target: 3.90 g/t Au over 3.5 m, including 9.62 g/t Au over 1 m near surface [7][11] - Foxtrot Target: Up to 0.3% zinc and 0.14% copper in hole MSK-25-005 [5] - Charlie Target: 0.57 g/t Au over 0.65 m in hole MSK-25-008 [9] - Delta Target: Validation of the fault's presence with potential for mineralization [10] Increased Exploration Budget - The exploration budget has been increased to approximately C$4.4 million to support an aggressive second half of the year, focusing on high-priority targets including Aljo [3][7] Future Drilling Plans - Drilling at the Aljo Gold Target is set to resume in July 2025 with a 3,000 m drill program aimed at targeting depth and strike extensions of known mineralized zones [7][15] - The company plans to conduct prospecting and mapping to further refine targets based on new data from the Q1 exploration program and a recently completed 2D IP geophysical survey [16] Company Overview - GFG Resources Inc. is focused on district-scale gold projects in tier one mining jurisdictions, operating three gold projects in the Timmins Gold District of Ontario, Canada [21]
Dynasty Gold Participates at THE Mining Investment Event in Quebec City and the 121 Mining Investment New York in June
Newsfile· 2025-05-29 13:00
Dynasty Gold Participates at THE Mining Investment Event in Quebec City and the 121 Mining Investment New York in JuneMay 29, 2025 9:00 AM EDT | Source: VID MediaVancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) is pleased to announce its participation in two upcoming mining investment events in June 2025.The Company will attend THE Mining Investment Event of the North, taking place June 3-5, 2025, in Quebec City, and th ...
Dryden Gold Confirms the Elora Gold System at One Kilometer Strike Length and Reports Visible Gold on Two New Exploration Targets
Newsfile· 2025-05-27 10:00
Dryden Gold Confirms the Elora Gold System at One Kilometer Strike Length and Reports Visible Gold on Two New Exploration TargetsMay 27, 2025 6:00 AM EDT | Source: Dryden Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce that Visible Gold ("VG") was observed on Dryden Gold's initial drill program at the historical Laurentian Mine Target ("Laurentian") and the Intersection ...
BULGOLD Extends the Occurrence of Epithermal Quartz Veins to 1.2KM of Strike Length Within the Sinter Field on the Lutila Gold Project
Globenewswire· 2025-05-12 14:20
TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce the results of recent prospecting activity on the Lutila Gold Project (the “Property”), Slovakia. This information has now been validated and incorporated into the Company’s database. The Lutila exploration licence covers an area of 32.2km2 and is prospective for quartz-adularia epithermal gold mineralisation. 1. Highlights Recent prospecting activity on the Horna Klapa section of Rhyoli ...
GFG Discovers New Gold Zone in Footwall and Extends Mineralization to Near-Surface at Aljo Gold Project, Timmins, ON
Globenewswire· 2025-05-12 09:00
Core Viewpoint - GFG Resources Inc. has reported significant assay results from its Aljo Mine Target, indicating the discovery of new high-grade gold zones and the expansion of known mineralized areas, which enhances the potential for further discoveries in the Timmins Gold District of Ontario, Canada [2][5][14]. Drilling Program and Results - The recent drilling program consisted of 12 holes totaling 2,600 meters, focusing on the downdip and lateral extensions of the historic Aljo Mine, as well as testing new targets [3][4]. - Notable intersections include high-grade gold in the HW and Main Zones, with the discovery of a new FW Zone (FW3) characterized by significant visible gold and high-grade mineralization, with assays reaching up to 7.26 g/t Au [4][6][10]. Specific Assay Results - Hole ALJ-24-019 intersected multiple high-grade intervals, including 4.39 g/t Au over 3.4 m and 7.76 g/t Au over 1.5 m in the HW Zone, confirming continuity of mineralization [6][7]. - The Main Zone also showed promising results, with intercepts of 8.00 g/t Au over 0.5 m and 5.11 g/t Au over 0.8 m, correlating with previous high-grade results [9][10]. - The new FW3 Zone yielded significant results, including 7.26 g/t Au over 0.6 m, indicating a 60 m step-out from previously reported high-grade gold [10][12]. Future Plans - Follow-up drilling at Aljo is scheduled to commence in the second half of 2025, with an aggressive program planned to further explore the depth and strike extensions of the HW, Main, and FW Zones, totaling approximately 3,000 meters [4][7][14]. - The company is also expanding its exploration pipeline in the region, which continues to attract attention due to its geological potential [14][25]. Muskego Target Update - GFG has initiated a drill program at the Muskego target area, testing several greenfield targets with a total of 10 holes drilled, totaling 2,685 meters, with assay results pending [17][18]. - A sonic drill program was also completed to gather samples for generating additional drill targets in this underexplored region [18]. Company Overview - GFG Resources Inc. is focused on district-scale gold projects in tier one mining jurisdictions, operating three gold projects in the Timmins Gold District, which has historically produced over 70 million ounces of gold [25].
Initial Drilling to Assess Potential for Open Pit Production Intersects High-Grade Gold in the Jubilee Shear
Globenewswire· 2025-05-12 08:00
Core Insights - Red Pine Exploration Inc. has announced promising initial results from its near-surface drilling program at the Wawa Gold Project, indicating significant gold grades and wide zones of alteration [1][3][4] - The ongoing drilling program is part of a fully funded 25,000 meters exploration initiative aimed at evaluating the potential for an open-pit operation in the Jubilee Shear area [1][6] - The company plans to update its 2024 Mineral Resource Estimate (MRE) and work towards a Preliminary Economic Assessment (PEA) expected to be completed in the first half of 2026 [5][6] Drilling Results - Near-surface drilling has intersected 14.51 grams per tonne (g/t) gold over 4.81 meters, including a high-grade interval of 90.40 g/t over 0.67 meters [7][11] - The ongoing drilling program has completed approximately 65% of the planned 25,000 meters, with over 14 drill holes currently in progress [6][8] - Historical drilling results in the Jubilee Mine area have shown significant gold intersections, indicating the potential for further resource expansion [13][14] Geological Insights - The drilling has identified a new gabbro dyke at depth, which is believed to be a critical control on mineralization, similar to gabbro dykes found closer to the surface [4][14] - The mineralogical transition observed in the Jubilee Shear suggests changes in the gold mineralization zones, which could lead to higher grades [14][15] - The company is focusing on building out the near-surface resource to complete an updated MRE and PEA by H1 2026 [6][14] Future Plans - The company intends to continue drilling to infill gaps between widely spaced drill holes and to explore deeper extensions of the Jubilee Shear [9][14] - Approximately 8,000 to 9,000 meters of drilling is allocated to evaluate two areas for potential open-pit operations, expected to take about three months to complete [8][9] - The results from the ongoing drilling will contribute to the updated MRE and PEA, enhancing the understanding of the project's economic viability [5][6]
G2 Continues to Expand New Surface Gold Discovery and Provides Exploration Update
Globenewswire· 2025-04-28 11:00
TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX: GTWO; OTCQX: GUYGF) provides further information on the Company's ongoing diamond drilling and exploration initiatives in the greater Oko-Aremu District, Guyana. G2 currently holds exploration rights to 83,967 acres in the district which includes the Oko-Ghanie deposits hosting 1.5 million ounces of gold averaging 3.40 g/t Au (Indicated) and 1.6 million ounces of gold averaging 2.48 g/t Au (Inferred). New Gold Disco ...
Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern Oregon
Newsfile· 2025-04-24 09:00
Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern OregonApril 24, 2025 5:00 AM EDT | Source: Provenance Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce the commencement of the 2025 phase 1 drilling program with the mobilization of an RC drill rig to the Eldorado project, located in Eastern Oregon. The staged drilling campaign will bu ...