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Probe Gold Announces Infill Drilling Results with Grades Up to 20.4 g/t Au Over 5.5 Metres (cut) at Novador Project, Quebec
Globenewswire· 2025-08-27 10:30
Core Viewpoint - Probe Gold Inc. has announced significant results from its 50,000-metre winter infill drill program at the Novador property, confirming strong continuity of mineralization and highlighting expansion potential, which will support the upcoming pre-feasibility study (PFS) [1][2]. Group 1: Drill Program Results - The infill drill program has completed 28 drill holes totaling 9,264 metres, returning significant gold intercepts from near-surface to approximately 200 metres vertical depth, with high-grade gold intercepts found deeper in the Creek deposit areas [1][2]. - Notable drill results include intercepts of 21.8 g/t Au over 2.0 metres and 40.1 g/t Au over 1.0 metre in the New zone, as well as 39.1 g/t Au over 1.0 metre in the Creek 023 zone [3][4]. Group 2: Project Development and Future Plans - The results from the drilling program will enhance 3D models and support resource conversion for the upcoming PFS, which is expected to be completed by year-end 2025 [2][4]. - The company is making progress on permitting, resource growth, and mine plan optimization, with a strong treasury supporting its commitment to developing Novador as a top-tier gold project [2][12]. Group 3: Geological Context - Mineralization along the Courvan trend is characterized by shallow-dipping East-West gold-bearing veins associated with shear zones intersecting the Bourlamaque granodiorite batholith, with gold primarily found in sulphide-bearing quartz-carbonate-tourmaline veins [8]. - The Bussiere deposit remains open laterally and at depth, indicating further exploration potential [8]. Group 4: Company Overview - Probe Gold Inc. is focused on the acquisition, exploration, and development of gold properties, owning 100% of the Novador Gold Project and controlling a large land package of approximately 1,798 square kilometres in Quebec [13]. - The Novador project hosts four past-producing mines and contains 80% of the company's gold resources in Val-d'Or East, with a robust mining plan projecting an average annual gold production of 255,000 ounces over a 12.6-year mine life [12][13].
Founders Metals Provides Exploration Update on Emerging Targets at Antino
Newsfile· 2025-08-21 11:30
Founders Metals Provides Exploration Update on Emerging Targets at Antino August 21, 2025 7:30 AM EDT | Source: Founders Metals Inc. Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces significant progress in its surface exploration program at the Antino Gold Project ("Antino" or "Project") in southeastern Suriname. The Company has completed extensive sampling at the Maria Geralda and Parbo targ ...
Fury Intercepts 41.5 Metres of 1.23 g/t Gold at Sakami Gold Project in Quebec
Globenewswire· 2025-08-12 11:00
Core Viewpoint - Fury Gold Mines Limited has announced initial results from its first drill campaign at the Sakami gold project, indicating significant gold mineralization across multiple zones [1][3][6]. Drilling Results - The first drill hole, 25SK-001, intercepted five distinct zones of gold mineralization over a drilled length of 140 meters, with notable intercepts including 4.7 meters of 2.72 g/t gold and 0.5 meters of 10.2 g/t gold [1][3][7]. - The company has completed a total of 3,160 meters of drilling across six holes, including one at the previously undrilled Juliette target, with more results expected soon [2][6][8]. Project Overview - The Sakami project spans approximately 14,250 hectares and is located 30 km east of the Billy Diamond Highway, straddling a structural corridor where gold mineralization has been identified over 23 km [5][12]. - Gold mineralization is found at the base of a sulphide-rich horizon within a zone of intense silicification, indicating a strong mineralization system [5][6]. Future Exploration - The company plans to conduct up to 5,000 meters of drilling in 2025 as part of its ongoing exploration efforts [10]. - Results from an additional six completed drill holes are pending, which may further confirm the continuity of mineralization at the La Pointe Extension prospect [6][7]. Management Commentary - The CEO of Fury expressed enthusiasm about the initial drill results, highlighting the goal of expanding upon historical drilling and targeting resource grade [3][12].
Dynasty Gold Discovers Visible Gold in Previously Drilled Core and Commences Exploration at Thundercloud Project in Ontario
Newsfile· 2025-08-05 13:00
To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7227/261269_38a8d3097445ea5f_001full.jpg Dynasty Gold Discovers Visible Gold in Previously Drilled Core and Commences Exploration at Thundercloud Project in Ontario August 05, 2025 9:00 AM EDT | Source: Dynasty Gold Corp. Highlights The re-logging of previous Dynasty drill core by field geologists confirmed visible gold in drill hole DP22-03; assay results have returned 3 meters of 151.65 g/t (from 118.5m to 121 ...
ONGold Announces New Gold Showings and Exploration Update at the October Gold Project
Newsfile· 2025-08-05 11:30
Core Insights - ONGold Resources Ltd. announced new gold showings and exploration updates at the October Gold project, indicating significant potential for gold mineralization in Ontario's Swayze Greenstone Belt [1][12]. Exploration Activities - Evolution Mining conducted extensive sampling, including 339 rock grab samples and 943 till samples, identifying three target areas (Stetson, Lariat, and Sinnet) with notable gold assays of 1.71 g/t Au and 0.907 g/t Au [2][3]. - The exploration revealed a 10 km long corridor of albite alteration associated with the Ridout Deformation Zone (RDZ), which is believed to be linked to other significant gold deposits in the region [2][14]. Geological Findings - Anomalous gold values were found alongside elevated levels of silver, arsenic, lead, antimony, zinc, and sulphur, indicating a complex mineralization environment [3][5]. - Of the 339 rock samples collected, four returned gold values exceeding 0.10 g/t Au, highlighting the potential for further discoveries [3]. Future Plans - Evolution Mining plans to conduct further investigations during a summer field exploration program, including detailed infill till sampling and geological mapping, with diamond core drilling expected in Q1 2026 [10][22]. - The October Gold project encompasses 1,308 claims over an area of 271 km², strategically located near existing gold mines, enhancing its economic potential [13][14]. Strategic Partnerships - ONGold's partnership with Evolution Mining is seen as a strategic move to leverage expertise in a gold-rich jurisdiction, with ongoing exploration efforts aimed at advancing the project [12][19].
Opus One Gold Obtains 1.98 g/t Gold Over 11.9 m From Hole NO-25-21, at 400 Vertical Meters on Its Zone 1 Gold Discovery, Noyell Project
Globenewswire· 2025-07-29 14:00
NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, July 29, 2025 (GLOBE NEWSWIRE) -- Opus One Gold Corp (TSX-V: OOR) (the "Company" or "Opus One") is pleased to announce that drill hole NO-25-21 from the winter drilling program on its 100% owned Noyell project near the town of Matagami, Abitibi, Québec, Canada, returned 1.98 g/t Au over 11.9 m from 474.8 to 486.7 m. The mineralized interval represents a true width of approximately 10.6 m within the Zone 1 struc ...
Dryden Gold Reports High-Grade Drill Results and More Visible Gold
Newsfile· 2025-07-24 10:00
Core Insights - Dryden Gold Corp. reports multiple high-grade gold results and visible gold intercepts from its ongoing drill program on the Elora Gold System, part of a fully funded 15,000-meter drill campaign aimed at expanding the system along strike and at depth [1][6] - The drill campaign has focused on the Gold Rock Target Area, including the Jubilee Zone, Jubilee Hanging Wall, Pearl Zone, and Laurentian Mine Area, revealing multiple stacked gold-bearing structures extending for approximately one kilometer [1][6] Drill Results - Drill Hole DGR-25-011 intercepted 5.36 g/t gold over 5.00 meters, including 12.70 g/t gold over 1.90 meters at Jubilee [5] - Drill Hole DGR-25-012 intercepted 15.30 g/t gold over 1.45 meters near surface at Pearl [5] - Drill Hole DGR-25-008 intercepted 1.18 g/t gold over 15.80 meters near surface at Pearl [5] - Drill Hole DGR-25-005 intercepted 2.20 g/t gold over 5.90 meters, including 9.87 g/t over 0.90 meters, indicating a second high-grade gold structure at Pearl [5] Geological Insights - The geology team is collaborating with structural geologist Dr. Ben Frieman to understand the controls of high-grade gold and predict the highest-grade areas within the Jubilee Zone [8] - The program has confirmed multiple stacked structures in the hanging wall of the Jubilee Zone, with significant D2 parallel mineralization and quartz vein folding [7][10] - Initial testing at the Laurentian Zone was impacted by old mine workings, but targets are being developed to test around and below these historic areas [12] Future Plans - The company plans to follow up on promising intercepts with additional drilling along strike and on plunge, particularly between Jubilee and Pearl to further expand the Elora Gold System [11] - Drilling has begun on targets at Sherridon, and channel sampling is progressing at Hyndman, indicating an active exploration strategy [6]
Probe Gold Intersects Grades Up to 11.7 g/t Au Over 4.0 Metres in Infill Drilling at Novador Project, Quebec
Globenewswire· 2025-07-22 10:30
Core Viewpoint - Probe Gold Inc. has reported significant results from its 50,000-metre winter infill drill program at the Novador property, which is expected to support the upcoming 2025 pre-feasibility study, indicating strong mineral continuity and expansion potential [2][3][5]. Group 1: Drill Program Results - The infill drill program involved thirty-six drill holes totaling 8,202 metres, yielding significant gold intercepts from near-surface to approximately 200 metres vertical depth in the Bussiere and Creek deposit areas [2][3]. - Notable gold grades include intercepts of up to 50 g/t Au over 1.0 metre and 8.7 g/t Au over 6 metres, demonstrating the potential for high-grade mineralization [5][6]. Group 2: Project Development and Future Plans - The results from the drilling program will enhance 3D models and support resource conversion, playing a critical role in advancing the Novador project towards development [3][5]. - The company is making progress in key areas such as permitting, resource growth, and mine plan optimization, with a strong treasury backing its commitment to the project [3][14]. Group 3: Geological Context - Mineralization along the Courvan trend is characterized by shallow-dipping East-West gold-bearing veins associated with shear zones, primarily composed of sulphide-bearing quartz-carbonate-tourmaline [9][13]. - The Bussiere deposit remains open laterally and at depth, indicating further exploration potential [9].
GoldHaven Resources Initiates VLF Electromagnetic Survey Over Priority Targets at Copeçal Gold Project in Brazil
Globenewswire· 2025-07-15 13:00
Core Insights - GoldHaven Resources Corp. has initiated a VLF Electromagnetic survey at the Copeçal Gold Project, targeting structural alteration trends favorable for gold mineralization [1][4] - The survey will complement a recently completed auger litho-geochemistry program, enhancing the targeting framework for diamond drill locations [2] - The Copeçal Gold Project is located in the Alta Floresta Gold Province, a historically productive area for gold discoveries [8][9] Company Developments - The VLF-EM survey is being conducted by Avant Geofísica, a company with extensive experience in geophysical surveys in Brazil [3] - The auger drill program has collected 1,325 samples, with assay results expected in late July or early August [4][5] - The auger drill program included 92 holes covering the east anomaly and 15 reconnaissance holes targeting geochemical-structural targets [5] Project Background - The Copeçal Gold Project spans 3,681 hectares within the Juruena Gold Province, known for its potential for various gold deposit types [8][9] - Historical exploration by AngloGold Ashanti from 2010 to 2016 has confirmed multiple zones of anomalous gold mineralization [10][11] - The project benefits from extensive historical work, indicating significant mineralization potential [11]
Orbec Completes Over 2,000 Meters of Diamond Drilling on Its 100% Owned Muus Gold Property, Chibougamau, Quebec
Newsfile· 2025-07-14 14:31
Core Viewpoint - Mines d'Or Orbec Inc. has successfully completed a 2,000+ metre drilling campaign at its Muus property, indicating strong potential for gold mineralization in the region [1][2][5]. Company Overview - Mines d'Or Orbec Inc. controls 100% of the Muus property, which is strategically located in Quebec's Abitibi Greenstone Belt, covering approximately 51,000 hectares [10]. - The property is situated near significant gold resources, including IAMGOLD's Nelligan Deposit, which is approximately 27 km away [4][10]. Drilling Campaign Details - The Spring 2025 drilling campaign focused on the Lac Bernard area, targeting geological lineaments identified in a high-resolution magnetic drone survey [5]. - Key drill holes, MUUS25-23 and MUUS25-19, intersected multiple silicified and pyrite-bearing zones, which are indicative of gold mineralization [12]. Geological Insights - The geological findings from the drilling campaign suggest similarities to major gold systems in the area, reinforcing the potential for significant gold deposits [5][12]. - The presence of fuchsite and a thick competent sedimentary unit with strong quartz veining further supports the potential for a robust mineralized environment [12]. Future Expectations - The company anticipates receiving assay results from the independent laboratory in approximately six weeks, which will provide further insights into the mineralization potential of the Muus property [1][7]. - The President and CEO expressed optimism regarding the untapped potential of the Muus property and the scale of the opportunity [7]. Stock Options - The Board of Directors has approved the grant of stock options for the purchase of up to 4,150,000 common shares at a price of $0.06 per share, expiring on July 11, 2030 [8][9].