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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
Highlights: Courvan Trend infill drilling results intersected near-surface gold zones with significant grades up to 20.4 g/t Au Over 5.5 metres (cut), 12.1 g/t Au over 4.0 metres, including 39.1 g/t Au over 1.0 metres and 7.0 g/t Au over 5.5 metres, including 34.1 g/t Au over 1.0 metres.The recently completed 50,000-metre winter infill drilling program was designed to support the upcoming 2025 Pre-Feasibility Study (PFS), which is expected by year-end. TORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Probe Gold I ...
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 ...
ONGold Announces New Gold Showings and Exploration Update at the October Gold Project
Newsfile· 2025-08-05 11:30
ONGold Announces New Gold Showings and Exploration Update at the October Gold ProjectAugust 05, 2025 7:30 AM EDT | Source: ONGold Resources Ltd.Toronto, Ontario--(Newsfile Corp. - August 5, 2025) - ONGold Resources Ltd. (TSXV: ONAU) (OTCQB: ONGRF) ("ONGold") is pleased to share an update of work performed by Evolution Mining ("Evolution") (ASX:EVN) on it's October Gold project, located in the south Swayze Greenstone Belt, Ontario. Evolution is a gold mining company operating gold deposits in A ...
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
Highlights: Courvan Trend infill drilling results intersected near-surface gold zones with significant grades up to 8.7 g/t Au over 6 metres (cut) including 50 g/t Au over 1.0 metres and an intersection of 7.2 g/t Au over 6 metres.The recently completed 50,000-metre winter infill drilling program was designed to support the upcoming 2025 Pre-Feasibility Study, which is expected by year-end. TORONTO, July 22, 2025 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”), is pl ...
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]
Tower Hits High-Grade 23.63 g/t Gold over 6.02 m Near Surface in Hole 060 at Blue Sky, 70 m NE of Hole 055, Underscoring the Potential of the Durand Diorite to Host a Substantial Gold Deposit
Newsfile· 2025-07-10 20:19
Core Insights - Tower Resources Ltd. reported significant gold assay results from its Rabbit North property, with Hole 060 intersecting 23.63 g/t Au over 6.02 meters, indicating the potential for a substantial gold deposit in the Durand Diorite [1][2][4] - The drilling campaign aimed to determine the strike and dip of the Blue Sky gold trend, successfully extending the gold zone 70 meters along strike and 90 meters upward to within 55 meters of the surface [2][13] Drilling Results - Hole 060, drilled 70 meters northeast of Hole 055, returned an exceptional gold grade of 23.63 g/t Au, including a high-grade interval of 51.30 g/t Au over 1.95 meters [1][4][12] - Hole 059 intersected 7.6 meters of 3.28 g/t Au, including a notable 0.97 meters of 16.20 g/t Au, suggesting the presence of a mineralized volcanic-hosted shear zone [8][12] Geological Context - The Blue Sky gold zone is hosted within the Durand Diorite, with the recent drilling indicating a northeast strike extending towards historical gold intersections [2][4] - The presence of magnetite in Hole 060's diorite may influence gold mineralization, as it can scavenge gold from hydrothermal fluids [6][12] Future Plans - The successful intersection of the Blue Sky gold zone provides orientation data for future drilling, with plans for deeper and longer holes to follow the gold structure [13] - Additional assays from Hole 061 and Hole 062 are anticipated to provide further insights into the gold mineralization in the area [13]
Kenorland Minerals and Auranova Resources Report Drill Results at the South Uchi Project, Ontario; Auranova Completes Initial Earn-In
Newsfile· 2025-07-02 11:30
Core Insights - Kenorland Minerals and Auranova Resources have reported significant assay results from the 2025 Winter drill program at the South Uchi Project in Ontario, confirming a new gold system with widespread mineralization [1][4][6] - Auranova has completed the initial earn-in under the South Uchi option agreement, acquiring a 51% ownership interest in the Project [1][14] Drill Results - A total of 27 diamond drill holes were completed, totaling 14,365 meters, with 25 of 27 holes (93%) intersecting gold intervals of at least 0.1 g/t Au [4][7] - Notably, 15 of 27 holes (56%) intersected intervals of at least 1.00 g/t Au, and 6 of 27 holes (22%) intersected intervals of at least 5.00 g/t Au, with the highest grade intercept recorded at 14.60 g/t Au over 1.00 meter [4][10] - The mineralized corridor remains open in all directions, indicating potential for further discoveries [4][10] Project Overview - The South Uchi Project is located in the Red Lake District and covers an area with significant geological potential for gold mineralization, previously under-explored [19][21] - The project area features multiple major east-west striking deformation zones, which are favorable for orogenic gold mineralization [19][21] Future Plans - A follow-up Phase 2 drill program is planned for late summer 2025, with up to 5,000 meters of drilling aimed at expanding the newly discovered gold-bearing structural corridor [13][14] - The next phase will focus on tighter step-outs around the most promising drill holes to further assess the mineralization potential [13][14]
WALKER BEGINS DRILL PROGRAM AT LAPON CANYON
Globenewswire· 2025-05-22 13:00
Core Viewpoint - Walker River Resources Corp. has initiated its 2025 reverse circulation drill program at the Lapon Gold Project, focusing on exploration drilling in the Lapon Canyon area, which is part of the Walker Lane Gold trend [1][2]. Group 1: Drill Program Details - The 2025 drill program will explore near the historical Lapon Canyon Mine, specifically targeting the "Central Zone" and the newly identified "Hot Spot Zone" [2][3]. - The Hot Spot Zone is a primary target, following a high-grade discovery in 2021, with grid-style drilling planned to assess the mineralized zone's extension and continuity with the Central Zone [3][6]. - The drilling will involve pads placed approximately 30 meters apart, with up to five holes planned per pad, as the mineralization is not visible at the surface due to overlying colluvium [3][6]. Group 2: Geological and Structural Analysis - Surficial mapping and rock sampling will be conducted around the Lapon Canyon gold targets, focusing on structural data collection to understand the controls of high-grade mineralization [4][5]. - The geological model for the Central and Hot Spot zones has been enhanced using historical data, aiding in the planning of the 2025 drill program [5][6]. Group 3: Project Overview - The Lapon Gold Project consists of 149 claims covering 3103 acres in the Wassuk Range, located approximately 60 kilometers southeast of Yerington, Nevada [7]. - The project is accessible via secondary state roads and is near a state power grid transmission line, facilitating operational logistics [7]. - The Rattlesnake, Range Front, and Pikes Peak claims add additional drill target areas, with historical mining activity indicating potential for further exploration [8][9].
New Found Gold Continues to Expand the Dropkick Zone at the Queensway Gold Project: 42.8 g/t Au over 14.95 m, 47.6 g/t Au over 3.95 m and 22.9 g/t Au over 2.40 m
Prnewswire· 2025-05-21 22:00
Core Insights - New Found Gold continues to report high-grade gold mineralization from its 2024 exploration program, particularly at the Dropkick and Pistachio zones, indicating potential for resource expansion [1][2][10] - The exploration program included 13,768 meters of drilling across 38 diamond drill holes, focusing on high-grade mineralization and strike extensions [2][10] Dropkick Zone - Significant drill results from the Dropkick zone include 42.8 g/t Au over 14.95 m and 47.6 g/t Au over 3.95 m, with mineralization now intersected over a 580 m strike extent [5][6] - The mineralization at Dropkick is open in all directions, with potential for further expansion [6][10] - The new domain of mineralization discovered east of the Appleton Fault Zone (AFZ) returned 5.30 g/t Au over 15.20 m, marking the first mineralization found in that area [6][10] Pistachio Zone - The Pistachio zone has shown promising results with 5.34 g/t Au over 7.30 m, extending the high-grade mineralization by 40 m down-dip [12][14] - The zone spans a strike length of 240 m and remains open down plunge and to depth [12][14] - Systematic reconnaissance drilling has identified additional target areas for future exploration [12][14] Future Plans - The company plans to conduct follow-up drilling at Dropkick starting in June 2025, with additional work planned at a soil anomaly located north of Pistachio [10][12] - The total drilling for the 2024 exploration program reached 89,974 m across 271 diamond drill holes, with results from 37,750 m in 82 holes to be included in the next mineral resource estimate [10][12] Company Overview - New Found Gold holds a 100% interest in the Queensway project located in Newfoundland and Labrador, which covers a significant area with a 110 km strike extent along two prospective fault zones [31][32] - The company is focused on growth and value creation, supported by a solid shareholder base, including a 19% holding by Eric Sprott [32]