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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 ...
Highlights – March Quarter 2025
Globenewswire· 2025-04-16 14:24
Core Viewpoint - Novo Resources Corp. is actively enhancing its exploration portfolio with new projects and is well-funded to execute its exploration strategy, expecting a continuous flow of news in the upcoming quarter [1][6][57]. Sustainability - No significant safety, environmental, or community incidents occurred during the March Quarter 2025, and ongoing discussions with Traditional Owners are aimed at ensuring heritage protection for exploration activities [2]. Portfolio - Novo has developed a diversified gold exploration and development portfolio across leading mining provinces in Australia, focusing on a mix of greenfields and advanced exploration projects [3][57]. - The company has planned detailed drill programs across all key projects, with a dedicated project generation program to identify advanced gold and copper assets [3]. Project Updates - The John Bull Gold Project, located in New South Wales, covers approximately 32 square kilometers and offers an advanced exploration opportunity with an option to acquire an 80% interest in one tenement and a 70% interest in another [4][57]. - The Tibooburra Gold Project, also in New South Wales, spans 630 square kilometers and includes six granted exploration licenses, with an option to acquire a 70% interest [9][10]. - Drilling at the Balla Balla Gold Project has commenced, with a program of approximately 6,000 meters testing priority target zones [6][29]. Exploration Results - At the Tibooburra project, rock chip sampling returned peak results of 89.6 g/t Au and 41.9 g/t Au, with soil sampling defining a coherent anomaly of over 600 meters [6][18][19]. - A targeted 2,000-meter RC drill program is planned to commence at Tibooburra in late April 2025 to test high-grade gold mineralization [6][14][23]. Financial Position - As of March 31, 2025, Novo had a cash balance of A$10 million (C$9 million) and investments valued at approximately A$35.6 million (C$31.9 million) [6][43].
Onyx Gold Intersects 3.4 g/t Gold Over 69.6 Meters Including 5.4 g/t Gold over 34.5 Meters at Munro-Croesus Project and Announces Option Agreement
Newsfile· 2025-04-10 10:30
Core Insights - Onyx Gold Corp. announced high-grade drill results from the Munro-Croesus Project, with a significant intersection of 3.4 g/t gold over 69.6 meters, including high-grade subintervals of 13.9 g/t gold over 9.5 meters and 38.5 g/t gold over 3.0 meters [1][2][3] - The company has signed an option agreement to acquire a 21-hectare property adjacent to the Argus North discovery, enhancing its land position and exploration potential [1][11][12] Drill Results - Drill hole MC24-163 intersected a continuous zone of strong gold mineralization, improving upon a previous intersection of 1.9 g/t gold over 48.1 meters [2][5] - The new results indicate a broad mineralized interval within altered mafic volcanics, with visible gold observed in a quartz veinlet [6][5] - The mineralization remains open in all directions, suggesting substantial potential for further expansion [2][5] Option Agreement - The option agreement allows Onyx Gold to acquire a 100% interest in the strategically located property for a total of C$1,515,000 and 3,300,000 shares over three years [11][13] - The property has never been drilled or systematically explored, highlighting its untapped potential [12][11] Future Exploration Plans - Immediate follow-up plans include step-out drilling to extend the new zone to surface and down-dip to trace high-grade zones [9][10] - The company intends to present its near-term exploration plans for its Timmins properties in the coming weeks [10] Project Overview - The Munro-Croesus Project is located in the Abitibi greenstone belt, a premier gold mining jurisdiction in Canada, covering 108 km² of highly prospective geology [25][26] - The project includes the past-producing Croesus Gold Mine, known for high-grade gold production [25][29]
Novo Resources Corp. Exploration Update
Globenewswire· 2025-02-26 15:58
Core Viewpoint - Novo Resources Corp. is advancing its exploration activities across its enhanced portfolio, with significant geological and geochemical sampling campaigns planned for 2025, aiming to establish priority drilling targets [5][6][10]. Exploration Activities - The company has completed mapping and sampling at the Tibooburra and John Bull Gold Projects in New South Wales, with results expected in mid-March 2025 to guide drilling targets for Q2 2025 [6][10][19]. - At the John Bull Gold Project, 340 soil and 63 rock chip samples have been collected over a 1.3 km trend, while at the Tibooburra Gold Project, 962 soil and rock chip samples have been collected over a 2.8 km trend [10][17][26]. - The Toolunga Project in Western Australia is undergoing ongoing desktop assessments to identify priority targets for field verification [7][30]. Impact of Weather Events - Tropical Cyclone Zelia has adversely affected planned drill programs in the Pilbara region, potentially delaying access to drill targets at Balla Balla and across the Egina joint venture [7][33][37]. Project Details - The John Bull Gold Project covers 32 sq km and is a farm-in agreement with TechGen Metals, allowing Novo to acquire an 80% interest in one tenement and a 70% interest in another [11][51]. - The Tibooburra Gold Project spans 630 sq km and is a farm-in agreement with Manhattan Corp, granting Novo an option to acquire a 70% interest [20][51]. - The Toolunga Project encompasses a strategic landholding of 1,524 sq km in the Onslow District, with plans for systematic exploration using modern technologies [30][29]. Future Plans - Novo plans to conduct approximately 2,000 m of RC drilling in Q2 2025 at both the John Bull and Tibooburra projects, targeting priority areas identified through recent fieldwork [19][25]. - The company is also preparing for further exploration campaigns in the Onslow District, including geophysical surveys and additional mapping [31][30].