Polymetallic System

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Kirkland Lake Discoveries Expands Polymetallic System at Winnie Lake, Transitions to OTCID from OTC Pink
Newsfile· 2025-07-24 11:00
Core Insights - Kirkland Lake Discoveries (KLDC) has confirmed the presence of a broad, copper-enriched polymetallic system at the Winnie Lake project, indicating significant mineralization potential [1][2] - The company is transitioning from the OTC Pink to the OTCID market, enhancing its visibility and market access among U.S. investors [14] Exploration Highlights - A 1.2-meter channel sample from the Mini Winnie magnetite zone returned high-grade results, including 2.051% copper, 735 g/t bismuth, and 2654 g/t vanadium over 0.6 meters [4][6] - A 14-meter channel at the Winnie Shaft showed elevated copper (up to 0.7%) and zinc (up to 0.3%), suggesting a broader polymetallic envelope [8] - A 17-meter channel sampled across a quartz-veined corridor returned an average of 35.5 g/t bismuth, indicating potential for a wider mineralized system [9][12] Upcoming Initiatives - The company is finalizing targets for a summer drill campaign to evaluate the continuity of copper and polymetallic mineralization at depth, with drill permits already received [13] - The CEO emphasized the significance of multiple mineralized zones and the untested ground between them, indicating a compelling story for a scalable copper-polymetallic system [14] Company Overview - Kirkland Lake Discoveries has a 400-km² exploration portfolio in Ontario's Abitibi Greenstone Belt, known for its prolific mining potential [18] - The company is advancing a pipeline of drill-ready targets across its KL East and KL West project areas, combining strong technical experience with efficient exploration strategies [19]
Electrum Discovery Announces Results from Petrological Study and Outlines New Targets at Karamanica at the Novo Tlamino Project
Thenewswire· 2025-07-21 06:00
Core Insights - Electrum Discovery Corp. has reported positive results from a petrographic study on the Karamanica Prospect, part of the Novo Tlamino Project in southern Serbia, confirming gold-bearing structures across three newly identified target areas [1][2][3] Novo Tlamino Project - The Novo Tlamino Project is located within the Serbo-Macedonian Metallogenic Belt, known for hosting various mineral deposits including epithermal gold and porphyry Cu-Au deposits [3] - The Barje Deposit within the project has an inferred resource of 670,000 oz AuEq, comprising 570,000 oz Au and 8.8 Moz of Ag [3][25] Karamanica Prospect - The Karamanica Prospect is situated approximately 8 kilometers west of Barje and is centered on a significant gold-in-soil anomaly [4] - Recent field prospecting has confirmed gold and base metal mineralization across three new target zones: Drill Road Breccia, Northeast Gossan Field, and Western Jasperoid [5][18] Petrographic Analysis - The petrographic analysis of 18 samples from the Karamanica Prospect indicates a variety of hydrothermal alteration styles and lithologies consistent with multiple mineralizing environments [7][9] - Gold-bearing structures have been identified with assays up to 2.39 g/t Au, and high-grade silver and polymetallic associations have been noted, including rock chip assays up to 745 g/t Ag and 21% Pb [5][14][16] Rock Sampling - A total of 19 rock chip samples were collected, revealing widespread gold mineralization with peak values of 2.39 g/t Au and notable silver values, including a peak of 745 g/t Ag [10][11][14] - Lead and zinc show significant enrichment, with one sample returning 21.0% Pb [15][16] Target Highlights - The refined targets based on the petrology report and new rock sample assays include: - Drill Road Breccia Target with assays up to 2.39 g/t Au and 56 g/t Ag [18] - Northeast Gossan Target with gossan outcrops returning up to 2.90% Zn and 2.01% Pb [18] - Western Jasperoid Target indicating a potentially mineralized structure with assays up to 0.49 g/t Au [18] Next Steps - The company is evaluating geophysical methods to delineate mineralized structures and integrate this data with existing surface geochemistry and geological mapping to prioritize future drill targets [17]