Orex Reports 2.7 Metres Grading 840 g/t Silver-Equivalent in a New Target Area on the Coneto Gold-Silver Project in Durango, Mexico
Orex Minerals Inc. (TSX VENTURE:REX) ("Orex"), is pleased to announce the results of the second batch of holes from the 12,000 metres Phase-II diamond drilling program on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo PLC (LSE:FRES) ("Fresnillo"), is managing this Phase-II program.
Hole BCO-11 yielded a high-grade Santo Niño vein intercept of core length of 3.30 metres (true width 2.70 metres) grading gold 4.34 g/t and silver 612 g/t, for a gold-equivalent of 16.00 g/t, or silver-equivalent of 840 g/t. Within this intercept is core length 1.20 metres (true width 0.98 metres) grading gold 11.77 g/t and silver 1,655 g/t, for a gold-equivalent of 43.29 g/t, or a silver-equivalent of 2,273 g/t.
Imperial's Underground Drilling at Mount Polley Boundary Zone Intersects 4.73% Cu and 2.61 g/t Gold Over 12.8 Metres
Imperial Metals Corporation (TSX:III) reports results from 2012 Mount Polley mine site exploration at the Boundary zone which continues to demonstrate the discovery potential at this established mining property.
Underground drilling(1)(2) in the Boundary zone workings was initiated in early November to explore and further define mineralization at Zuke zone, which is near but not included in the Boundary zone mineralization currently being prepared for underground test mining. All the drilling from two of the three drill stations at 812 level intersected breccia hosted copper/gold mineralization, confirming continuity and extending the known limits of the Zuke zone. The Zuke zone is currently modelled as two steeply dipping breccia lenses, approximately 8 metres wide, 30 metres high and 75 metres long.
SilverCrest Discovers Bonanza Grades and New Zone at Santa Elena 15.6m @ 23.9 gpt Au and 307.9 gpt Ag Including 2.3m @ 157.3 gpt Au and 1,610.5 gpt Ag
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC)(NYSE Amex:SVLC) (the "Company") is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Eighty seven holes of a planned 100 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources. This drill program continues to be extremely successful and several recent holes have identified multiple bonanza grade intercepts and a new high grade gold and silver zone that lies below and is sub-parallel to the Main Mineralized Zone currently being mined. All holes included in this program will assist with resource confirmation and reclassification which will be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.
Caza Oil & Gas Announces Initial Production Forehand Ranch Bone Spring Test Well
Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX:CAZ)(AIM:CAZA) is pleased to provide a production update for the Company's Forehand Ranch 27 State Com No. 1H horizontal Bone Spring well on its Forehand Ranch Prospect in Eddy County, New Mexico.
The Forehand Ranch 27 State Com No. 1H horizontal Bone Spring well was fracture stimulated in the 2nd Bone Spring Sand in twelve stages and has been producing under controlled flowback for two weeks. The well continues to clean up, but production has stabilised. In the past 24 hours, the well recovered hydrocarbons and frac fluids at a gross rate of approximately 1,631 barrels (bbls), producing 170 bbls of oil, 103 thousand cubic feet of natural gas, which equates to 187 bbls of oil equivalent, and 1,444 bbls of frac fluid.
Endeavour Silver Drilling Extends High Grade Silver-Gold Mineralization on the San Sebastian Property in Jalisco State, Mexico
Drilling Intersects 301 gpt Silver and 0.32 gpt Gold Over 16.2 m True Width
Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK)(FRANKFURT:EJD) announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico has now extended the recently discovered high grade silver-gold mineralization in the Terronera vein to more than 900 meters (m) long by 300 m deep, still open for expansion.
Step-Out Drilling at TV Tower Returns 8.64 g/t Gold Over 10.5 Metres, Extends High-Grade Mineralization 50 Metres Southeast
New assay results expand area of gold mineralization at Pilot Gold's KCD target
Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to report that new assay results from seven diamond drill holes at the Kucukdag (KCD) target show long runs of strong gold, silver and copper grades and further extend an area of shallow, high-grade gold mineralization at the TV Tower project in western Turkey.
Recent drill highlights include:2.79 g/t gold (Au), 10.1 g/t silver (Ag) and 0.67% copper (Cu) over 61.3 metres in KCD-65, including
Colt Resources intersects 8.39g/t over 6.88m* and 33.2 g/t over 1.7m* at its Banhos Deposit in the Boa Fé Gold Project, Southern Portugal
Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) is pleased to announce that it has received final analytical results for 27 diamond drillholes from its ongoing drilling campaign on the Banhos gold deposit, located within the Company's 100% owned 47Km2 Boa Fé Experimental Mining License (EML) in southern Portugal. Colt's 100% owned (728Km2) Montemor Gold exploration concession completely surrounds the Boa Fé EML.
Solvista Gold Continues to Expand its Gold-Copper Discovery at Caramanta Results Include 160.2 Metres at 1.79 g/t Gold Equivalent with 67.4 Metres at 2.75 g/t Gold Equivalent
Solvista Gold Corporation ("Solvista" or the "Company") (TSX VENTURE:SVV)(OTCQX:SVVZF) is pleased to announce the assay results from the latest seven drill holes completed at its gold-copper discovery at El Retén, one of a number of targets the Company has defined within the Caramanta Porphyry Cluster at its Caramanta Project. These results further support the Company's model for the Caramanta Project to host potentially large mineralizing systems and to generate new gold-copper porphyry discoveries in the Middle Cauca Belt of Colombia.
Silver Bull Intersects 13.93% Zinc Over 40.40 Meters Including 21.93% Zinc Over 11.5 Meters on the Sierra Mojada Project, Coahuila, Mexico
Silver Bull Resources, Inc. (TSX:SVB)(NYSE MKT:SVBL) ("Silver Bull") is pleased to announce the drill results for the first batch of drill holes from the underground drill program twinning a series of "long holes" in the high grade zinc zone situated below and adjacent to the high grade silver zone, located at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.
High grade zinc highlights from the first batch of 15 drill holes include:Hole T12116: 40.40 meters @ 13.93% Zn (including 11.5m @ 21.93% Zn, 10.4m @ 35.74g/t Ag, and 0.6m @ 125g/t Ag)
Atico Drills 88.7 Meters of 5.4% Cu and 2.5 g/t Au at El Roble Mine, Colombia
Atico Mining Corporation (TSX VENTURE:ATY) is pleased to announce additional results from its ongoing underground drilling program at the El Roble mine.
The company reports results of 10 new diamond drill core holes, including 4 production holes drilled by Minera El Roble, current operator of the El Roble mine, and independently sampled and assayed by Atico. Reported drill holes extend the limits of massive sulfide bodies previously intercepted below the 2000 meter level.
Fire River Drills 7.6 Metres Grading 50.26 g/t Gold at Nixon Fork
Fire River Gold Corp. (TSXV: FAU), (OTCQX: FVGCF), (FSE: FWR) (the "Company", "Fire River") is pleased to announce results from its 2012 surface diamond drilling program (Figure 1) at its wholly owned Nixon Fork Gold Project in Alaska. Fire River completed 38 surface diamond drill holes totalling 2976 metres targeting resource expansion at the Mystery Mine. Twenty of 38 drill holes intercepted significant gold, silver and copper mineralization, a very high success ratio.
Clifton Star Announces New Drill Results From the Duparquet Project Including 3.51 g/t Au Over 18.9 m and 4.77 g/t Au Over 14.1m Clifton Star Resources Inc. ("CFO" or "Clifton")(TSX VENTURE:CFO)(FRANKFURT:C3T) is pleased to announce the results from an additional 14 drill holes from its 2012 drill program at the Duparquet Project of Quebec's Abitibi region.
Clifton Star continues to obtain significant assay results from both delineation holes within the limits of the current pit shell and exploration holes outside of the pit shell. The positive results within the pit limits demonstrate that the zones show good grades and continuity, while the exploration holes show the potential to increase the limits of the current pit shell. All of the drill holes listed in this press release were completed after the PEA closing date, and therefore will not be included in the new resource estimate, on which the upcoming PEA will be based.
Vena Samples 1,147.00 g/t Ag, 1.40% Cu, 28.05% Pb and 16.67% Zn across 3.30 metres at the Esquilache Silver Project
Vena Resources Inc. (the "Company" or "Vena") (TSX: VEM, Peru: VEM, Germany: V1RA, USA: VNARF) announces that early results of the program to evaluate near term resources on its 100% owned Esquilache project located in southern Peru are very promising.
Pilot Gold Reports 193 g/t Gold Over 12.0 Metres at TV Tower, Turkey
Third set of assay results confirm and expand continuity of high-grade target
Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is very pleased to report that assay results from eight new diamond drill holes from the 2012 program at the TV Tower project in Turkey continue to return long intervals of gold, silver and copper mineralization with areas of exceptionally high grades.
Drill hole KCD-50 highlights the third consecutive set of strong assay results at the Kucukdag (KCD) target, returning 193 g/t gold, 9.8 g/t silver and 0.46% copper over 12.0 metres. Visible gold (see photo: http://media3.marketwire.com/docs/plg123_VG.jpg) was confirmed in several veins within this interval, which is located at a vertical depth of 100 metres from surface.
Meadow Bay Gold First Hole in 2012 Drill Program Returns 2.25 g/t Gold Over 67 Meters at Its Atlanta Gold Mine Project in Nevada Meadow Bay Gold Corporation ("Meadow Bay Gold" or the "Company") (TSX:MAY)(OTCQX:MAYGF)(FRANKFURT:20M)(WKN A1C3DN) is pleased to report it has received the first assays from drilling currently underway at its Atlanta Gold Mine Project, Lincoln County, Nevada.
Hole DHRC-12-MRC01 is the first in a series of holes intended to confirm and offset specific results from the 2011 drill program. Drilling to the northwest of the historic Atlanta pit in 2011 encountered unusually thick widths in the Atlanta shear zone. Assay results received from ALS Minerals confirmed the width of the shear zone though it should be emphasized that hole MRC01 was terminated in mineralization and remains open at depth.
NovaCopper Releases Remaining Drill Results from 2012 Exploration Program on the South Reef Zone of the Bornite Deposit-All Three Holes Hit High-Grade Copper Mineralization
RC12-216 Intersects Three High-Grade Mineralized Intervals Totaling 77.3 Meters at 4.3% Copper
NovaCopper Inc. (NCQ.TO)(NYSE MKT:NCQ) ("NovaCopper" or "the Company") is pleased to announce the remaining results from exploration diamond drilling on the South Reef Zone of the Bornite Property, one of its Upper Kobuk Mineral Projects ("UKMP") located in the Ambler mining district of Northwest Alaska.
Corvus Gold Continues to Hit High-Grade Gold-Silver Vein System in Yellow Jacket Step-out Drilling, North Bullfrog, Nevada Highlights include: NB-12-183: 49 metres of 1.9 g/t gold with 43 g/t Silver including 1.7 metres of 13.1 g/t gold with 549 g/t Silver
SilverCrest Reports Additional La Joya High Grade Intercepts 45.0m of 135.5 gpt Ag, 0.11 gpt Au, 1.14% Cu (240 gpt Ag Eq(i))
SilverCrest Mines Inc. (TSX VENTURE:SVL)(FRANKFURT:CW5)(NYSE Amex:SVLC)(NYSE MKT:SVLC) (the "Company") is pleased to announce the results of an additional 15 holes (LJ DD12-75 to LJ DD12-89) of the Phase II drill program nearing completion at its La Joya Property in Durango, Mexico. Phase II drilling reported to date has extended the Main Mineralized Trend ("Trend") beyond the area containing the current Inferred Resource of 101.9 million ounces Ag Eq.*(see News releases dated March 20 and May 7, 2012 and attached Figure: http://media3.marketwire.com/docs/silvercrestmap1.pdf). Drilling and surface sampling has extended the Trend to approximately 2.5 kilometres with an average width of approximately 700 metres. Please reference our website at www.silvercrestmines.com for more information, photos and figures on La Joya.
Roxgold Confirms Continuation of 55 Zone Down Plunge With Deepest High Grade Intercept to Date-18.2 Gpt Au Over 6.6 Meters, 500 Meters Below Surface
Roxgold Inc. (TSX VENTURE:ROG) ("Roxgold" or the "Company") is pleased to announce the initial results from the current step out drilling program at its 100% owned Yaramoko Concession in Burkina Faso. Today's results confirm the presence of high grade gold mineralization outside of the existing mineralized envelope and represents a significant step out from known mineralization down plunge within the 55 Zone.
Columbus Gold Drills 53 Metres of 4.37 gpt Gold at Paul Isnard, French Guiana; Completes Phase I Drill Program
Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold") is pleased to announce completion of its Phase I drill program and results of an additional thirty one diamond core holes, MO 12-74 to 98 and 100 to 105 totaling 10,873.65 metres, at its Paul Isnard gold project in French Guiana. The holes were laid-out to confirm and expand, internally, along strike and at depth, the Montagne d'Or gold deposit within which earlier widely spaced holes had outlined a 43-101 compliant inferred resource of 1.9 million ounces gold within 36 million tonnes grading 1.6 gpt gold.
Latest Blog Entries