Orefinders Intersects 8.20 m @ 10.58 g/t Au within 30.20 m @ 4.03 g/t Au at Mirado Gold Project, Kirkland Lake
Orefinders Resources Inc. (TSX VENTURE:ORX) reports additional high grade gold results from an additional six drill holes (1,589 m) from its Phase II diamond drilling program. These latest results targeted the South Zone at the Mirado Gold project near Kirkland Lake, Ontario. All six holes being reported intersected significant high-grade and broad lower-grade gold zones.
Highlights of High-grade gold zones intersected near surface and at depth, include:
Paramount Gold and Silver Extends High Grade Gold and Silver Values Down Dip on Don Ese Vein at San Miguel Project, Mexico
DS-13-032 reports intercepts up to 42.5 g/T gold and 186 g/T silver within a 22.5 meter wide mineralized zone Paramount Gold and Silver Corp. (NYSE MKT:PZG)(PZG.TO)(P6G.F)(WKN:A0HGKQ) ("Paramount") today reported that a new drill program designed to test the depth potential of the high grade Don Ese Vein has intersected outstanding gold and silver grades over greater-than-expected widths, indicating that substantial additional resources could be developed below the current resource model.
Fission Energy: JV Totals 66m U308 in 2 Zones: With 6m @35% in 49.5m @6.26%
FISSION ENERGY CORP. (TSX VENTURE:FIS)(OTCQX:FSSIF) ("Fission" or "the Company), and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report assay results from drill hole PLS13-053, part of the highly successful winter drill program on its PLS property. PLS13-053, within zone R390E, is located 30m grid west of PLS13-051 (see news release dated April 22, 2013) in which assays included 6.57% over 54m. Today's assays include two broad mineralized zones separated by just 4.5m of unmineralized pelitic rocks.
UPPER URANIUM ZONE = 66m - 115.5m49.5m @ 6.26% U3O8; Including 6m @ 35% U3O8 Highest assay in the interval: 45% U3O8 over 0.5m
Bengal's Drilling Campaign Continues to Show 100% Success Rate - Now 10 for 10 at Cuisinier in the Cooper Basin
Bengal Energy Ltd. (TSX:BNG.TO) ("Bengal" or the "Company") is pleased to announce that the Cuisinier 8 well ("Cuisinier 8"), the second well in the 2013 Cuisinier appraisal drilling campaign on the Barta sub-block ("Barta sub-block") portion of Authority to Prospect ("ATP") 752P in the Cooper-Eromanga Basin, in Queensland, Australia, has been cased as a future oil producer.
The Cretaceous Murta member, DC70 sand was the primary target and the well encountered approximately 7.6 metres of net sandstone with a preliminary estimate of 6.8 metres net pay.
Fortuna drills 7.3 m of 1789 g/t Ag and 10 g/t Au on northern extension of the San Jose mine, Mexico
Fortuna Silver Mines Inc. (NYSE: FSM) | (TSX: FVI) | (BVL: FVI) | (Frankfurt: F4S.F) is pleased to report that exploration drilling has successfully extended the Trinidad ore shoot to the north and to depth with mineralization remaining open in both directions. Results are also reported for the initial infill drilling being carried out in the central portion of the Trinidad deposit for purposes of conversion of Inferred Mineral Resources to an Indicated Mineral Resource classification.
Jorge A. Ganoza, President and CEO, commented, "We are excited by the consistency of the discovery holes drilled north of Trinidad, where we are starting to configure a new wide and high grade silver and gold mineralized shoot that remains open on two directions.
Forum Hits "Off Scale" at Zone A and 40 Metres of Radioactivity at Otis on NW Athabasca Joint Venture
Forum Uranium Corp. (TSX VENTURE:FDC) is pleased to announce the completion of 17 holes totaling 3,449 metres on three near surface targets on the NW Athabasca Joint Venture project located in the Athabasca Basin, Saskatchewan. Uranium mineralization was intersected in 8 of 17 holes.
HighlightsZone A- 4.5 metres of radioactivity with 1.2 metres of "Off Scale". Otis- 40 metres of radioactivity with 0.1 metres of "Off Scale". Barney- Strong alteration zone extended.
Fission Energy Corp.: 23m of High Grade Uranium Including 2m of 12.4% U3O8 at PLS's R00E Zone
FISSION ENERGY CORP. (TSX VENTURE:FIS)(OTCQX:FSSIF) ("Fission" or "the Company), and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report further assay results from twelve holes in the R00E zone on its Patterson Lake South (PLS) Property. The Company is reporting on twelve holes from the R00E zone in which results show a continuous area of broad, relatively flat lying zone of uranium mineralization at shallow depths
These results are part of the recently completed Winter Drill program at PLS. They expand upon and delineate the R00E assay results previously reported (see news release dated Dec. 05, 2012) that outline a broad zone of uranium found at shallow depth.
Metals Creek Intersects 49.96 g/t gold (uncut) over 9.0 meters, including 434.77 g/t over 1.0 meter at the Thomas Ogden Zone in Timmins, Ontario Metals Creek Resources Corp. (the "Corporation", TSXV: "MEK") is very pleased to report assay results from the first hole of its recently completed drill program on the Ogden Gold Project in Timmins, Ontario. The program consisted of eight holes targeted on the Thomas Ogden (TOG) Zone and was designed to test the eastern, western and down dip extent of the gold mineralization. Additionally, the results from the new drilling will help to better define known fold structures which are thought to be an important control on the location of the high grade gold mineralization.
Eagle Hill Extends Gold Mineralization to a Depth of 870 Meters With 15.34 g/t Gold Over 11.0 Meters at Windfall Lake
Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG)(OTCQX:EHECF)(FRANKFURT:EH0) is pleased to announce assay results from its 2012 drill program at the Windfall Lake Gold Property in Northwestern Quebec (the "Property" or "Windfall Lake"). The new results include the deepest high grade wide gold mineralization discovered to date at Windfall Lake, below the Red Dog intrusion. These results were produced from a drill program designed to expand the size of the mineral resource estimate released on July 25, 2012 that already includes 1,665,000 tonnes at 10.05 g/t gold (538,000 ounces) in the indicated category and an inferred resource of 2,906,000 tonnes at 8.76 g/t gold (822,000 ounces).
Focus Graphite Releases Infill and Deposit Margin Drilling Results at Lac Knife Deposit : 42.8 m grading 20.43% Cgr in Hole LK-12-128
Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to report the results of the summer 2012 infill and deposit margin drilling program on the Company's 100%-owned Lac Knife graphite Property (the "Property"), located in the Grenville Geological Province of northeastern Québec. Fifty-six (56) large diameter (PQ-sized) core holes (total: 5,638 m) were drilled with the aim to upgrade the current Inferred mineral resources in the southeastern part of the Lac Knife deposit to the Indicated category; to map the limits of the deposit; and to provide sufficient mineralised feed material for phase II lock cycle metallurgical testing and for the pilot plant testing program currently scheduled to commence this month.
Klondex Confirms Zone of Gold Mineralization South of Mineral Resource, Drills 6.7m of 33.7g/t Au Within a Larger Intercept of 13.0m of 16.6 g/t Au
Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) reports drill hole FC12-029U intersected 0.48 opt (16.6 g/t) Au over 42.8 ft (13.0m) at its Fire Creek gold project in Nevada (Figure 1 click here). The diamond drill hole confirms gold mineralization in a "South Zone" near the mine portal, located 1300 ft south of the 5400 crosscut. The drill hole was part of a larger surface and underground drill program testing the continuity of the Joyce A1 and Vonnie B1 veins (formerly named the A and B veins, respectively) in the south portion of the Main Zone.
Carlisle Goldfields Announces Positive Drilling Results from its Farley Lake Mine Project, Including 35 Metres Grading 6.83 g/t Au TORONTO, ONTARIO--(Marketwire - March 27, 2013) - Carlisle Goldfields Limited ("Carlisle" or the "Company") (TSX:CGJ)(OTCQX:CGJCF) announces results from its 2012 drill program at its Farley Lake Mine Project, highlighted by drill hole FL12-25, which showed multiple high-grade intersections including 35 metres (m), from 345 to 380 m, grading 6.83 g/t Au (grams per tonne of gold). Exploration and drilling work at Farley Lake was completed in December 2012. An initial NI43-101 compliant resource estimate is expected in Q2 2013.
Northern Gold Intersects 23.5 g/t Au Over 4.1m at Jonpol Deposit
NORTHERN GOLD MINING INC. (TSX VENTURE:NGM) ("Northern Gold" or the "Company") is pleased to announce results from the first 13 diamond drill holes from its surface diamond drilling program on its wholly-owned Jonpol Deposit comprising a part of the Golden Bear Project, 100 km east of Timmins, Ontario. The 13 drill holes totaled 3,616.5 metres.
Drill assay highlights for the drill holes include:23.50 g/t Au over 4.1 m (237.9 to 242.0m) JP-12-04 7.25 g/t Au over 3.0 m (63.0 to 66.0m) JP-13-11 5.99 g/t Au over 3.5 m (163.5 to 167.0m) JP-13-23 5.67 g/t Au over 8.0 m (68.0 to 76.0m) JPGT-01
Fission Energy Corp.: PLS JV Hits 34m of 4.92% U3O8 in Upper Zone of PLS13-038 Including 12.5m at 12.38%
FISSION ENERGY CORP. Fission Energy Corp. ("Fission" or "the Company), and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report initial assay results from the ongoing winter drill program on its Patterson Lake South (PLS) Property. These assay results are from drill hole PLS13-038, the first hole drilled on the R390E zone.
Composited drill hole mineralized intersections for PLS13-038 returned two broad zones of uranium mineralization:
Alpha Minerals Reports 34m of 4.92% U3O8, Including 12.5m at 12.38% U3O8 in Drill Hole PLS13-038, Patterson Lake South JV
Alpha Minerals Inc. ("Alpha" or "the Company") (TSX VENTURE:AMW)(FRANKFURT:E2GA), and its Joint Venture partner Fission Energy Corp. are pleased to report initial assay results from the ongoing winter drill program on its Patterson Lake South ("PLS") Property. These assay results are from drill hole PLS13-038, the first hole drilled on the R390E zone.
PLS13-038 is part of the R390E zone located 385m drill grid east of the Patterson Lake discovery hole PLS12-022 at the R000E zone (see news release February 9, 2013). Composited drill hole mineralized intersections for PLS13-038 returned two broad zones of uranium mineralization:
El Tigre Silver Drill Hole ET13-50 Intercepts 57.6 M of 17.83 g/t Ag and 0.68 g/t Au, Including 2.9 Meters of 220.4 g/t Silver and 5.54 g/t Gold
El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) is pleased to report that the drilling program started on January 18, 2013 continues to move rapidly with 23 holes completed and the first assays returned with good results. El Tigre is drilling on concessions that are part of the Company's 431 square kilometer ownership in Sonora, Mexico.
El Tigre believes that the property hosts a classic Mexican caldera-related, epithermal low sulphide vein system that extends 5.3 kilometers along strike. The drilling program is focusing on the southern 1.2 kilometer zone that has potential for bulk mineable gold associated with the historic high grade silver-gold veins.
Graniz Graphite Discovery: 5% Over 209 Feet and 7.2% Over 163 Feet
- A Discovery 28 Miles from World Class Producer IMERYS TIMCAL - Changes on the Board of Directors
Graniz Mondal Inc. (TSX VENTURE:GRA.H) (the "Company" or "Graniz Graphite") is pleased to announce wide intercepts of graphite mineralization at the Brunet graphite deposit located 28 miles from North America''s only graphite producer IMERYS TIMCAL near Mont-Laurier. Dr Berthe Lambert, Chairman, comments: "The initial drilling results will add significant new tonnage to the Brunet large flake graphite deposit. The most interesting development is the discovery of a new graphite zone at the 100 metre level that was not identified in historical data. The drilling program should allow us to confirm that we are in front of a large flake graphite body similar to IMERYS TIMCAL''s deposit 28 miles west of our mine. Also, there is a breakthrough, graphene can be produced from large flake graphite".
Pilot Gold Drills 25.7 g/t Gold Over 16.5 Metres, Further Demonstrating High-Grade Continuity at KCD Target, TV Tower
Successful 2012 Drill Program Identifies and Expands Gold and Silver Mineralization
Pilot Gold Inc. (PLG.TO) ("Pilot Gold" or the "Company") is pleased to report encouraging results from the 15 remaining diamond core holes from its Phase 1 drilling program at TV Tower''s KCD target in northwestern Turkey. The holes are wide-spread across the property and targeted KCD''s gold and silver zones.
Infill drilling highlights include:25.7 g/t gold (Au), 47.2 g/t silver (Ag) and 2.12% copper (Cu) over 16.5 metres in KCD-102, including 142 g/t Au, 141 g/t Ag and 3.39% Cu over 2.0 metres
Lucara Recovers 239 Carat Diamond
Lucara Diamond Corp. (LUC.TO)(LUC.TO)(NASDAQ OMX First North:LUC) is very pleased to announce the recovery of a 239.2 carat diamond from its Karowe Mine in Botswana. In addition to the recovery of this exceptional gem, two more large stones weighing 124.0 carats and 71.1 carats have also been recovered.
The diamonds were recovered from the central kimberlite domain which has only recently become ore feed to the plant as the pit expands towards the south.
The diamonds will be sent to Antwerp to be studied prior to being sold later in the year.
Paramount Gold and Silver Reports Exceptional Intercept From Wood Zone at Sleeper Gold Project in Nevada
10.7m of 6.01 g/T gold and 95.3 g/T silver within 161.5m of 1.04 g/T gold and 13 g/T silver points to potential for substantial economic upside
Paramount Gold and Silver Corp. (NYSE MKT:PZG)(PZG.TO)(P6G.F)(WKN:A0HGKQ) ("Paramount") announced today that new core drilling on its 100%-owned Sleeper Gold Project in Nevada has intercepted exceptional gold and silver grades below the Wood Pit in the southwestern portion of the original Sleeper mining concession.
A recently completed Preliminary Economic Assessment (PEA) for Sleeper confirmed the potential for a highly profitable producer mining high volumes of low grade material.
Latest Blog Entries