Gold Mineralization

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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
Kenorland Minerals and Auranova Resources Report Drill Results at the South Uchi Project, Ontario; Auranova Completes Initial Earn-In July 02, 2025 7:30 AM EDT | Source: Auranova Resources Inc. Discussion of Results Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") and Auranova Resources Inc. ("Auranova") are pleased to announce complete assay results from the 2025 Winter drill program at the South Uch ...
Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing Structures
Newsfile· 2025-06-19 10:00
Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing StructuresJune 19, 2025 6:00 AM EDT | Source: Dryden Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce new results from its initial drill campaigns at the new Pearl Target, previously the Intersection Target, ("Pearl") and the historical Laurentian Mine Target (" ...
WALKER BEGINS DRILL PROGRAM AT LAPON CANYON
Globenewswire· 2025-05-22 13:00
Vancouver, B.C, May 22, 2025 (GLOBE NEWSWIRE) -- Walker River Resources Corp. (“Walker” or the “Company”) (TSX-V: WRR) is pleased to announce that the 2025 reverse circulation (“RC”) drill program has begun at the Lapon Canyon portion of the Lapon Gold Project, located within the Walker Lane Gold trend, 60 km SE of Yerington, NV. The initial 2025 drill program at Lapon Canyon will consist of exploration drilling near the historical Lapon Canyon Mine, the “Central Zone”, and the newly discovered “Hot Spot ...
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]
Onyx Gold Mobilizes Drill Rig and Outlines Targets for 10,000-Meter Timmins Spring Drill Program
Newsfile· 2025-05-09 11:30
Onyx Gold Mobilizes Drill Rig and Outlines Targets for 10,000-Meter Timmins Spring Drill ProgramMay 09, 2025 7:30 AM EDT | Source: Onyx Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - May 9, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce plans for a 10,000-meter Spring Drill Program (the "Program") at its Timmins, Ontario properties. The primary focus of the program is to follow-up on the recently reported Argus North discover ...
Goliath Resources Engages JDS Energy & Mining Inc. To Forge Plans To Drive An Exploration Adit At Its Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Globenewswire· 2025-05-05 11:08
Drill-out of all high-grade Surebet lodes will be more easily and cheaply facilitated from underground vantages.Underground access to the Bonanza Zone will enable geological confirmation of this important high-grade lode and potentially enable bulk sampling.Goliath looks forward to mobilizing shortly for its aggressive 2025 drill campaign. TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce world reno ...
New Found Gold Continues to Expand Queensway Gold Project at Depth: 38.7 g/t Au over 6.55 m at Dome and 10.3 g/t Au over 8.20 m at Keats South Deep
Prnewswire· 2025-04-29 21:00
Accessibility StatementSkip Navigation 38.7 g/t Au over 6.55 m1, including 98.9 g/t Au over 2.10 m from the Dome Zone ("Dome"; NFGC-24-2238) 10.3 g/t Au over 8.20 m, including 37.7 g/t Au over 2.00 m from the Keats South Deep Zone ("KSD", NFGC-24-2112-W5), and 6.16 g/t Au over 3.10 m, including 18.4 g/t Au over 0.50 m from the Keats-Appleton Fault Zone Deep Zone ("Keats-AFZ Deep", NFGC-24-2168) Melissa Render, President of New Found Gold, stated: "With these new drill results we continue to intersect gol ...
Lavras Gold Corp. Intersects 1.2 g/t Gold Over 251 Metres at Fazenda do Posto Gold Target, LDS Project, Southern Brazil
Newsfile· 2025-04-02 10:30
Lavras Gold Corp. Intersects 1.2 g/t Gold Over 251 Metres at Fazenda do Posto Gold Target, LDS Project, Southern BrazilDrilling intersection includes 2.2 g/t gold over 100 metres, including 4.7 g/t gold over 10 metres.April 02, 2025 6:30 AM EDT | Source: Lavras Gold Corp.Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) ("Lavras Gold" or the "Company") is pleased to release the results from 12 new drill holes representing 4,007 metres, testing th ...
Starcore Advances Exploration at Kimoukro Gold Project in Cote d'Ivoire
Newsfile· 2025-03-27 06:30
Core Viewpoint - Starcore International Mines Ltd. provides an update on the geological characteristics of its Kimoukro Project, located in the Fetekro-Oumé greenstone belt in Côte d'Ivoire, highlighting its potential for gold mineralization due to favorable geological conditions [1][21]. Geological Overview - The Kimoukro Project is situated in a fully-permitted exploration area within the Fetekro-Oumé greenstone belt, known for hosting significant gold deposits, yet remains underexplored [2][21]. - The Fetekro-Oumé greenstone belt consists of Paleoproterozoic basalts, andesites, and volcano-sedimentary sequences, characterized by structural complexity and deformation from the Eburnean Orogeny [3][4]. - The local geology includes alluvial sediments, primarily clay, with gold anomalies, and a maximum thickness of 20 meters [6][7]. Structural Geology - The structural framework reflects progressive deformation from the Eburnean orogeny, with steeply dipping foliation planes and evidence of multiple tectonic events [9][10][12]. - The area has undergone significant deformation phases, with quartz veining associated with shear deformation and varying structural styles depending on the host rock [13][18]. Mineralization - Gold mineralization at Kimoukro is both primary and secondary, with primary mineralization being structurally controlled and associated with shear quartz veins and intrusion-related systems [14][21]. - Significant gold anomalies have been identified, including a 2 km x 600 m area with over 50 ppb Au and a 600 x 400 m zone with over 200 ppb Au [15][16]. - Artisanal mining activities have returned gold grades between 0.5 to 1.5 g/t Au, with peaks of 18 g/t Au near granite-tonalite contacts [16][19]. Exploration Potential - The geological characteristics and mineralization styles at Kimoukro align with key gold systems in the Fetekro-Oumé belt, indicating strong potential for further discoveries [21]. - Exploration targets include deformation and alteration halos around granite-tonalite contacts, which are considered prospective for further exploration [20].