| To: LoneClone who wrote (3383) | 9/19/2024 2:18:53 PM | | From: LoneClone | | | | Fortitude Gold Receives Isabella Pearl Deep Permit
accesswire.com
Wednesday, 18 September 2024 07:00 PM
COLORADO SPRINGS, CO / ACCESSWIRE / September 18, 2024 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") today announced it has received all regulatory approvals and permits to mine deeper in its Isabella Pearl deposit. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield.
A positive decision was granted by the Bureau of Land Management and the Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation allowing the Company to mine approximately 80 feet deeper than previously authorized in the Pearl portion of the Isabella Pearl deposit. Deeper oxide and oxide transitional ore in the Pearl zone may now be mined and sequenced for processing along with ore from the Civit Cat portion of the Isabella Pearl deposit. The Pearl deep contains high-grade oxide, oxide-transitional, and sulphide gold ores, a portion of the former two are expected to be processed using the Company's existing heap leach operation.
About Fortitude Gold Corp.:
Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company's strategy is to grow organically, remain debt-free and distribute substantial dividends. The Company's Nevada Mining Unit consists of seven high-grade gold properties located in the Walker Lane Mineral Belt and an eighth high-grade gold property in west central Nevada. The Isabella Pearl gold mine, located on the Isabella Pearl mineralized trend, is currently in production. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.
Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material are forward-looking statements. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release.
CONTACT:
Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com
SOURCE: Fortitude Gold Corporation |
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| To: LoneClone who wrote (3384) | 9/20/2024 1:02:02 PM | | From: LoneClone | | | | Western Exploration Reports Positive Gravel Creek Metallurgical Results, Including Gold Recovery of 94.8% to Combined Gravity and Flotation Concentrate
ca.finance.yahoo.com
Business Wire
Fri, September 20, 2024 at 4:30 a.m. PDT·20 min read
Figure 1: Location of 2023 PQ Oriented core holes at Gravel Creek. (Graphic: Business Wire)
Figure 2: Rougher Flotation Recovery vs. Mass Pull, Gravel Creek Comp. 4991-001, 80%-75 micron (Graphic: Business Wire)
VANCOUVER, British Columbia, September 20, 2024--( BUSINESS WIRE)--Western Exploration Inc. (TSXV: WEX; OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce the results of 2024 metallurgical testing on composite samples from the Jarbidge rhyolite hanging wall zone of the Gravel Creek deposit.
Highlights from the work include:
- Locked-cycle flotation tests indicate recoveries of 94.8% for gold and 89.8% for silver in a combined gravity and flotation concentrate.
- The combined gravity and flotation concentrate were 10.9% of the feed weight and averaged 57.1 g/t Au, 1,725 g/t Ag.
- The flotation concentrate averaged 29.1% sulphide sulphur.
- Gravity concentration before rougher flotation concentration (from the gravity tailings) recovered 22.4% of the Gold and 4.4% of the silver in 0.16% of the total feed weight with a gold grade of 920 g/t and a silver grade of 5,750 g/t.
Western Exploration CEO, Darcy Marud said, "Preliminary metallurgical test work on Gravel Creek hanging wall mineralization has returned very positive results for the recovery of gold and silver to concentrate. The recoveries are similar to past Gravel Creek metallurgical test work and demonstrate a potential path to economic recovery for precious metals."
2024 Flotation Metallurgy Sample Locations
Flotation test work was conducted on a gold and silver bearing diamond drill composite from core holes WG456 and WG457, drilled in 2023 in the Jarbidge rhyolite. The two oriented core holes were completed to evaluate resource expansion potential in mineralized vein/breccia trends northeast of the Gravel Creek resource (Figure 1).
- Hole WG456, located 250 meters northeast of the Gravel Creek resource area, reported individual assays up to 34.9 g/t Au and 2800.0 g/t Ag as reported in a Company news release dated November 21, 2023.
- Hole WG457, located 140 meters northeast of the Gravel Creek resource area, reported individual assays up to 257.0 g/t Au and 1655.0 g/t Ag as reported in a Company news release dated January 8, 2024.
- The composite was comprised of sulphide mineralization collected from samples ranging in downhole depths of 316 meters to 731 meters in WG456 and WG457.
Flotation Program and Results
All test work was completed by McClelland Laboratories, Inc ("MLI") of Sparks, Nevada. Flotation testing was conducted on a gold and silver bearing Gravel Creek drill core composite, designated 4991-001, to evaluate response to flotation processing. The composite comprised sulphidic mineralization ranging from 316 meters to 731 meters downhole depths from two drill holes (WG456 and WG457).
Composite assays showed that it contained 6.14 g/t Au, 206 g/t Ag and 2.71% sulphide sulphur. Cyanide shake analysis showed that the sample had cyanide soluble to fire assay ratios (CN/FA) of 53.4% for gold and 36.8% for silver. The composite contained negligible amounts (<0.1%) carbon. A preg-rob assay showed that it was not preg-robbing.
Initially, six rougher flotation tests were conducted at feed sizes ranging from 80%-150 micron to 80%-45 micron. A typical bulk sulphide flotation collector reagent suite was employed for all tests. Following grind optimization testing, a bulk rougher concentrate was produced and used for preliminary cleaner flotation testing. The objectives for the testing were to maximize gold and silver recovery and concentrate grades. Sulphide sulphur recoveries were also tracked during testing. Variability in flotation tail grade caused significant variability in flotation gold recoveries.
Flotation testing showed that the Gravel Creek mineralization responded very well to bulk sulphide flotation treatment. Gold and silver recoveries of as high as >92% were achieved with rougher flotation mass pulls of approximately 11%, Table 1 and Figure 2.
Table 1. - Flotation Concentration Test Results, Test F-5, Gravel Creek Composite 4991-001, 80%-75-micron Feed Size
|
|
| Wt.
|
| Cum. Wt.
|
| Assay
|
| Au Distribution
|
| Ag Distribution
|
| S= Distribution
| Product
|
| %
|
| %
|
| Au g/t
|
|
Ag g/t
|
| % S=
|
| %
|
| Cum. %
|
| %
|
| Cum. %
|
| %
|
| Cum. %
| Ro. Conc. Stg. 1 (0-2 min)
|
| 4.1
|
| 4.1
|
| 95.5
|
| 3,360
|
| 28.07
|
| 57.0
|
| 57.0
|
| 64.0
|
| 64.0
|
| 42.9
|
| 42.9
| Ro. Conc. Stg. 1 (2-5 min)
|
| 2.3
|
| 6.4
|
| 54.1
|
| 1,480
|
| 28.96
|
| 18.1
|
| 75.1
|
| 15.8
|
| 79.8
|
| 24.8
|
| 67.7
| Ro. Conc. Stg. 2
|
| 2.3
|
| 8.7
|
| 47.4
|
| 1,010
|
| 22.17
|
| 15.8
|
| 90.9
|
| 10.8
|
| 90.6
|
| 19.0
|
| 86.7
| Ro. Conc. Stg. 3
|
| 0.9
|
| 9.6
|
| 22.2
|
| 546
|
| 12.73
|
| 2.9
|
| 93.8
|
| 2.3
|
| 92.9
|
| 4.3
|
| 91.0
| Ro. Conc. Stg. 4
|
| 0.6
|
| 10.2
|
| 12.4
|
| 306
|
| 7.42
|
| 1.1
|
| 94.9
|
| 0.9
|
| 93.8
|
| 1.7
|
| 92.7
| Ro. Conc. Stg. 5
|
| 0.4
|
| 10.6
|
| 7.0
|
| 206
|
| 3.81*
|
| 0.4
|
| 95.3
|
| 0.4
|
| 94.2
|
| 0.6
|
| 93.3
| Ro. Tail
|
| 89.4
|
| 100.0
|
| 0.36
|
| 14
|
| 0.20
|
| 4.7
|
| 100.0
|
| 5.8
|
| 100.0
|
| 6.7
|
| 100.0
| Composite
|
| 100.0
|
|
|
| 6.87
|
| 215
|
| 2.68
|
| 100.0
|
|
|
| 100.0
|
|
|
| 100.0
|
|
| * Insufficient sample was available for sulphide assay. The average of the adjacent product grades was used.
|
Preliminary cleaner flotation testing showed that it was possible to significantly increase concentrate grades by cleaning. Cleaner concentrate grades of as high as >70 g/t Au, >3,900 g/t Ag and 41% sulphide sulphur were achieved.
Regrinding the rougher concentrate for as much as 90 minutes resulted in production of a cleaner concentrate that was 3.2% of the ore weight, assayed 72.4 g/t Au, 3,920 g/t Ag and 41.07% sulphide sulphur and represented recoveries of 35.9% gold, 59.6% silver and 49.2% sulphide sulphur. The corresponding cleaner tail was another 7.4% of the feed weight, assayed 40.6 g/t Au, 898 g/t Ag and 16.04% sulphide sulphur and represented additional recoveries of 46.5% gold, 31.5% silver and 44.4% sulphide sulphur, Table 2.
Table 2. - Rougher/Cleaner Flotation Concentration Test Results, Gravel Creek Composite 4991-001, 4991 F-6 Rougher Concentrate, 90 min Regrind of Ro. Conc.
|
|
| Wt.
|
| Cum. Wt.
|
| Assay
|
| Au Distribution
|
| Ag Distribution
|
| S= Distribution
| Product
|
| %
|
| %
|
| Au g/t
|
| Ag g/t
|
| % S=
|
| %
|
| Cum. %
|
| %
|
| Cum. %
|
| %
|
| Cum. %
| Cl. Conc.
|
| 3.2
|
| 3.2
|
| 72.4
|
| 3,920
|
| 41.07
|
| 35.9
|
| 35.9
|
| 59.6
|
| 59.6
|
| 49.2
|
| 49.2
| Cl. Tail
|
| 7.4
|
| 10.6
|
| 40.6
|
| 898
|
| 16.04
|
| 46.5
|
| 82.4
|
| 31.5
|
| 91.1
|
| 44.4
|
| 93.6
| Ro. Tail
|
| 89.4
|
| 100.0
|
| 1.27
|
| 21
|
| 0.19
|
| 17.6
|
| 100.0
|
| 8.9
|
| 100.0
|
| 6.4
|
| 100.0
| Composite
|
| 100.0
|
|
|
| 6.46
|
| 211
|
| 2.67
|
| 100.0
|
|
|
| 100.0
|
|
|
| 100.0
|
|
|
A gravity concentration test was conducted on tailings from one of the flotation tests to evaluate causes for variability in flotation tail grade. Results showed that most (77%) of the gold contained in the flotation rougher tail sample was gravity recoverable. The gravity concentrate produced was 0.07% of the flotation tail weight, assayed 2,250 g/t Au and represented 77.0% of the gold contained in the flotation tailing.
Follow up locked-cycle flotation test work was conducted at an 80%-150 micron grind size on gravity tails generated from the sample composite. Test results showed that the combined gravity and flotation concentrate was 10.9% of the feed weight, assayed 57.1 g/t Au and 1,725 g/t Ag. Recoveries reporting to this combined concentrate were 94.8% gold and 89.8% silver of the values contained in the whole feed. The combined concentrate described above included a gravity cleaner concentrate and flotation rougher concentrate (from locked-cycle testing on the gravity tailing). The gravity concentrate was 0.16% of the feed weight, assayed 920 g/t Au and 5,750 g/t Ag and represented gold and silver recoveries of 22.4% and 4.4% respectively. The gravity concentrate was not assayed for sulphide sulphur. The flotation concentrate was 10.74% of the whole feed weight, assayed 44.3 g/t Au, 1,665 g/t Ag and 21.9% sulphide sulphur and represented gold and silver recoveries of 72.4% and 85.4% respectively of values contained in the whole feed weight.
Table 3. – Gravity/Flotation Test, Gravel Creek Composite 4991-001, 80%-212-micron (Gravity Test G-2)/80%-150 micron Regrind (Locked Cycle Flotation Test F-9, average of Cycles 5&6)
|
|
| Wt.
|
| Cum. Wt.
|
| Assay
|
| Au Distribution
|
| Ag Distribution
|
| S= Distribution
| Product
|
| %
|
| %
|
| Au g/t
|
| Ag g/t
|
| % S=
|
| %
|
| Cum. %
|
| %
|
| Cum. %
|
| %
|
| Cum. %
| Grav. Cl. Conc.
|
| 0.16
|
| 0.16
|
| 920
|
| 5750
|
| N/A*
|
| 22.4
|
| 22.4
|
| 4.4
|
| 4.4
|
| N/A
|
| N/A
| Flotation Ro. Conc.
|
| 10.74
|
| 10.90
|
| 44.3
|
| 1665
|
| 21.9
|
| 72.4
|
| 94.8
|
| 85.4
|
| 89.8
|
| 95.3
|
| 95.3
| Flotation Ro. Tail
|
| 89.10
|
| 100.00
|
| 0.38
|
| 24
|
| 0.13
|
| 5.2
|
| 100.0
|
| 10.2
|
| 100.0
|
| 4.7
|
| 100.0
| Composite
|
| 100.00
|
|
|
| 6.56
|
| 209
|
| 2.46
|
| 100.0
|
|
|
| 100.0
|
|
|
| 100.0
|
|
| *N/A denotes Not Available
|
About the Aura Project
The 6,000-hectare Aura Project has established mineral resource estimates in three different deposits (Doby George, Gravel Creek and Wood Gulch), as reported in the "2021 Updated Resource Estimates and Technical Report for the Aura Gold-Silver Project, Elko County, Nevada" dated October 20, 2021 (with an effective date of October 14, 2021) that was prepared for the Company by Mine Development Associates (the "Technical Report"; see Table 4 below). The mineral resource estimates in the Technical Report were established in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
In addition, the Aura Project has well established infrastructure including year-round accessibility by highway and county-maintained road and nearby access to water and electricity. Western Exploration has exploration, development, and mining rights on 930 hectares of privately owned land through a mineral lease agreement with a local landowner and may purchase those fee lands at any time for the development of Doby George.
Table 4. Mineral resource estimates for the Aura Project as reported in the 2021 Technical Report.
| MINERAL RESOURCE(1)
|
| Indicated
| Inferred
|
| Tonnes
| Au
(g/t)
| Au
(ozs)
| Ag
(g/t)
| Ag
(ozs)
| AuEq
(g/t)
| AuEq
(oz.)
| Tonnes
| Au
(g/t)
| Au
(ozs)
| Ag
(g/t)
| Ag
(ozs)
| AuEq
(g/t)
| AuEq
(oz.)
| Doby George(2)
| 12,922,000
| 0.98
| 407,000
| -
| -
| 0.98
| 407,000
| 4,999,000
| 0.73
| 118,000
| -
| -
| 0.73
| 118,000
| Wood Gulch(3)
| -
| -
| -
| -
| -
| -
| -
| 4,359,000
| 0.66
| 93,000
| 5.80
| 808,000
| 0.74
| 104,543
| Gravel Creek(4)
| 1,315,000
| 4.73
| 200,000
| 75.0
| 3,169,000
| 5.81
| 245,271
| 2,744,000
| 4.16
| 367,000
| 60.20
| 5,307,000
| 5.02
| 442,814
| TOTAL
| 14,237,000
| 1.33
| 607,000
| 75.0
| 3,169,000
| 1.43
| 652,271
| 12,102,000
| 1.48
| 578,000
| 15.74
| 6,115,000
| 1.71
| 665,357
|
Notes:
|
|
|
| (1)
|
| Au equivalent oz assumes US$1,800 per oz Au and 70:1 ratio of Ag:Au.
| (2)
|
| Pit constrained 0.2 g/t AuEq cutoff for oxide, 0.4 g/t Au cutoff for mixed and 1.4 g/t Au cutoff for unoxidized.
| (3)
|
| Pit constrained 0.2 g/t AuEq cutoff.
| (4)
|
| 3.0 g/t Au cutoff.
| See "Cautionary Statements Regarding Estimates of Mineral Resources" below.
|
About Western Exploration
Western Exploration is focused on advancing the 100% owned gold-silver Aura project, located approximately 120 kilometers/75 miles north of the city of Elko, Nevada. The project includes three unique gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch.
Western Exploration is comprised of an experienced team of precious metals experts that aim to lead the company to becoming North America's premier gold and silver development company.
Additional information regarding Western Exploration and the Aura Project can be found on the Company's website and on SEDAR+ ( www.sedarplus.ca) under the Company's issuer profile.
Qualified Person Approval
The scientific and technical information in this news release has been reviewed and approved by Mark Hawksworth, General Manager of the Aura Project, and Jack McPartland of MLI, each of whom is a "qualified person" within the meaning of NI 43-101.
Quality Assurance / Quality Control
Exploration program design, Quality Assurance/Quality Control ("QA/QC") and the interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. For Western Exploration legacy samples, standards and blanks and duplicates were generally included approximately every 20th sample for QA/QC purposes by the Company as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay. QA/QC controls are not fully documented for legacy assays from the 1980s and 1990s but Mine Development Associates conducted rigorous evaluation of adjacent assay intervals as part of the Technical Report resource calculations. Please see below under the heading "Cautionary Note Regarding Forward-Looking Information" for further details regarding the risks facing Western Exploration.
Metallurgical Test Work
Interval Preparation and Assay: A total of 28 drill interval samples, from the Gravel Creek deposit were received on January 18, 2024. Select samples from drill holes WG456 (ranging from 1,792.7' to 2,397') and WG457 (ranging from 1,036.5' to 2,319.2') were used for testing. The interval samples were previously crushed to a nominal 2mm and weighed 0.3 to 7.3 kg each. Select samples (19) were combined in entirety to produce Gravel Creek composite 4991-001.
The entire composite was stage crushed to just passing 1.7mm in size. The -1.7mm composite was thoroughly blended and split to obtain multiple 1.0 kg samples for testing and triplicate 0.25 kg samples for head assay.
The composite was assayed directly in triplicate, using conventional fire assay fusion procedures, to determine gold and silver content. A single cyanide shake analysis was conducted, with and without a "gold spike" leach solution (preg-rob test series). Carbon and sulphur speciation analyses were conducted using Leco/pyrolysis methods. A single multi-element ICP scan was conducted.
Flotation Testing
A total of six rougher flotation tests were conducted on composite 4991-001, at feed sizes ranging from 80%-150µm to 80%-45µm, to evaluate response to flotation and to optimize flotation feed size. The tests were conducted using a bulk sulphide flotation reagent scheme, designed to maximize recoveries of sulphide minerals, gold and silver.
Initially, a scouter rougher flotation test was conducted on a 1 kg sample at an 80%-75µm feed size, to obtain preliminary information concerning response of the ore to flotation treatment. Based on those results, a series of three additional rougher flotation tests (1 kg each) were conducted at feed sizes of 80%-150µm, 80%-106µm and 80%-45µm to optimize feed size. Based on those test results, the 75µm feed size was selected for further testing. A kinetic rougher flotation test was conducted at the 75µm feed size, to establish the relationships between flotation time, mass pull, rougher concentrate grade and recovery. A bulk flotation test (16 kg) was conducted at the 75µm feed size to generate rougher concentrate for cleaner flotation testing. Cleaner flotation tests (3) were conducted on the resulting bulk rougher concentrate to evaluate the potential for increasing concentrate grade by regrinding and cleaner flotation.
The same reagent suite was used for all rougher flotation tests. Flotation was conducted using a Denver laboratory scale flotation unit at 1,200 rpm. Each ground pulp was slurried with grind water to achieve 33% solids (wt/wt) and was conditioned for 5 minutes with 0.25 kg/mt CuSO4·5H2O.
Flotation was conducted in 5 stages with incremental additions of 0.005 kg/mt ore of PAX (potassium amyl xanthate) and 0.010 kg/mt AERO 208 (dithiophosphate) collectors at each stage. Respective total addition of each reagent was 0.025 and 0.050 kg/mt ore. AEROFROTH 65 was used as frother. The pulp was floated at natural pH. For all rougher flotation tests, except for the kinetic test, the 5 stages of concentrate were combined into a rougher concentrate. Those rougher concentrates were dried, weighed and assayed directly to determine gold, silver and sulphide sulphur content.
The five staged rougher concentrate samples generated from the kinetic flotation test (F-5) were each dried, weighed and assayed separately for the same constituents.
In the case of the bulk (16 kg) rougher flotation test (F-6), rougher flotation was conducted in two 8 kg lots, using a larger flotation machine. The rougher concentrates produced from those two tests were combined, dried, weighed and split to obtain three 0.5 kg samples for cleaner flotation testing and 0.2 kg for assay. The combined rougher concentrate was assayed directly to determine gold, silver and sulphide sulphur content. The rougher tails from each 8 kg lot were dried, weighed and assayed separately, in triplicate to determine gold silver and sulphide sulphur content (one sulphide sulphur assay per 8 kg lot). Results presented for rougher flotation test F-6 are based on the average of assay results from the two 8 kg lots (designated F-6A and F-6B).
Cleaner flotation tests (3) were conducted on the rougher concentrate generated from the bulk flotation test (F-6). The tests were conducted on 0.5 kg splits of rougher concentrate after regrinds of 1 minute (polish grind), 45 minutes and 90 minutes. Cleaner flotation was conducted without additional collector or promoter. Frother was added as required. The resulting cleaner concentrates and cleaner tails were dried, weighed and assayed to determine gold, silver and sulphide sulphur content.
For additional information on the Aura Project, please see the Technical Report, which has been prepared in accordance with the requirements of NI 43-101, a copy of which is available on SEDAR+ ( www.sedarplus.ca) under Western Exploration's issuer profile and on Western Exploration's corporate website ( www.westernexploration.com).
Cautionary Statements Regarding Estimates of Mineral Resources
This news release uses the terms measured mineral resources, indicated mineral resources, and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of mineral resources that are not mineral reserves has not been demonstrated. The mineral resource estimate disclosed in this news release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing, or other relevant issues. It cannot be assumed that all or any part of the inferred mineral resources will ever be upgraded to the category of indicated mineral resource or measured mineral resource. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum's "CIM Definition Standards on Mineral Resources and Mineral Reserves" (CIM) incorporated by reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.
Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. On October 31, 2018, the U.S. Securities and Exchange Commission adopted new mining disclosure rules ("S-K 1300") that are more closely aligned with current industry and global regulatory practices and standards, including NI 43-101, although there are some differences in the two standards. Accordingly, information concerning mineral deposits contained in this release may not be comparable with information made public by U.S. companies that report in accordance with S-K 1300.
Cautionary Note Regarding Forward-Looking Information
This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of the applicable Canadian and United States securities legislation (collectively, "forward-looking statements"). These forward-looking statements, by their nature, require the Company to make certain assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "potential", "feasibility", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains the forward-looking information pertaining to, among other things: the focus and results of the surface exploration program; the accuracy of results from prior exploration activities conducted at the Aura Project; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Doby George, Wood Gulch and Gravel Creek mineral deposits; future drilling at the Aura Project; the significance of historic exploration activities, results and data; and the ability to expand the existing mineral resources at the Aura Project. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management's geological modelling; management's perceptions of historical trends, current conditions and expected future developments; the ability to realize upon geological modelling; the ability of Western Exploration to complete further exploration activities, including drilling; property and royalty interests in respect of the Aura Project; the ability of the Company to complete and publish a pre-feasibility study on the Aura Project and the timing thereof (if at all); the ability to expand mineral resources beyond current mineral resource estimates; the ability to identify mineral reserves on the Aura Project (if at all); the ability of the Company to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Western Exploration cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Western Exploration nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Western Exploration does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
For additional information with respect to these and other factors and assumptions underlying the forward-looking statements and forward-looking information made in this news release concerning Western Exploration, please refer to the public disclosure record of Western Exploration, including the management information circular dated November 12, 2021 and the Company's most recent annual and interim financial statements and related management's discussion and analysis, which are available on SEDAR+ ( www.sedarplus.ca) under Western Exploration's issuer profile. The forward-looking statements set forth herein concerning Western Exploration reflect management's expectations as at the date of this news release and are subject to change after such date. Western Exploration disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
View source version on businesswire.com: businesswire.com
Contacts
Darcy Marud
Chief Executive Officer
Telephone: (775) 329-8119
Email: dmarud@westernexploration.com
Nichole Cowles
Investor Relations
Telephone: (775) 240-4172
Email: nicholecowles@westernexploration.com |
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| To: LoneClone who wrote (3385) | 9/23/2024 1:35:18 PM | | From: LoneClone | | | | Allegiant Provides Update On Eastside
- path to 3+ million ounces
- 2024 drill program (ONGOING) fully funded
- Drill results from 2022, 2023, and 2024 will be included in the updated 43-101 report scheduled for q1/2025
- Atrium research initiates coverage, (September 11, 2024), click here: Allegiant Gold (AUAU:TSXV) — Atrium Research
thenewswire.com
Tonopah, Nevada / TheNewswire / September 22, 2024 - Allegiant Gold Ltd. (“Allegiant” or the “Company”) (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to provide an update on the Eastside District (“Eastside”) Project.
The three main objectives over the near term at the Eastside District are as follows:
- Double the size of the resource at Eastside beyond the current combined inferred resource consisting of approximately 1.4M Au ounces and 8.8M Ag ounces
- Discover additional mineralized resource zones in close proximity to McIntosh Zone
- Re-test the high-grade area within the McIntosh Zone
The strategy to achieve these goals involves the following programs over the coming months:
- Follow-up drilling at ES-239 which measured 111.3m of 1.45 g/t Au (including 3.1m of 39 g/t Au and 6.1m of 113.35 g/t Ag at the bottom of the hole).
- Continued drilling at the East Pediment (see map) and additional exploration targets at Eastside
- An updated 43-101 resource report (last update of July 2021) to incorporate drilling from 2022-2024 at both McIntosh and Castle.
Peter Gianulis, CEO of Allegiant Gold, stated, "Over the past few years, we've been quietly focused on expanding and deepening our understanding of the McIntosh and Castle Prospects at Eastside. During this time, we have nearly doubled the inferred resource at the site. With gold reaching new record highs and the junior mining market showing signs of stabilization, we believe now is the right moment to increase our visibility within the investment community. At our current valuation of US$10 per AU ounce, we are committed to growing our resources and demonstrating the vast potential at Eastside."
Background
Since its initial discovery in 2014 by Allegiant (a spin-out from Columbus Gold Corp.), the Company has conducted over 80,000 metres in reverse-circulation (“RC”) and diamond core (“Core”) drilling primarily around the two main ore bodies: McIntosh Zone and Castle Zone (see map below). Within these two zones, Allegiant has a combined inferred resource of approximately 1.4 million Au ounces and 8.8 million Ag ounces*. The Eastside Project totals over 22,000 acres (approx. 9,000 hectares) of which approximately 10% of the area has been drilled and tested. The Company has identified numerous other exploration targets throughout the property (see Map 1).
Over 50,000 metres of drilling has been conducted within the pit shell design encompassing the current inferred resource at the McIntosh Zone. Additional drilling has occurred since our last resource estimate (July 30, 2021) was conducted at a gold price of US$1,725.
* The updated resource estimate (“Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada”) conducted by Mine Development Associates (“MDA”) of Reno, Nevada, with an effective date of July 30, 2021, contained a pit-constrained Inferred Resources (cut-off grade of 0.15 g/t Au) of 61,730,000 tonnes grading 0.55 g/t Au and 4.4 g/t Ag at the Original Pit Zone (1,090,000 ounces gold and 8,700,000 ounces silver) and 19,986,000 tonnes grading 0.49 g/t Au at the Castle Area (314,000 ounces gold). A copy of the Eastside Technical Report can be found on SEDAR at www.sedar.com.
Technical & Geological Summary
Eastside geology is known from the Company’s detailed surface mapping and careful logging of drill holes. It consists of layered Tertiary volcanic rocks lying over a basement of Paleozoic sedimentary rocks. A number of rhyolite dome complexes are present on the north half of Allegiant’s claim block. The rhyolite cut all the Tertiary volcanic units and the Paleozoic basement rocks and vented on the surface, erupting their layered tuff and volcanic breccia. Thirty-one separate dome complexes (see Map 2) have been mapped to date although significantly more domes exist on the property. Geothermal systems have formed either at the time of rhyolite emplacement or shortly thereafter. Steam-heated ground that formed near or at the surface is present as a capping. Hydrothermal alteration, likely related to the geothermal activity. is present over several kilometers near and in the rhyolite domes. Alteration is chalcedonic silica and/or argillic near surface and grades down into illite and quartz-adularia stockworks in broad zones of replacement silicification and adularia.
Drilling within and near two of the northernmost dome complexes discovered gold and silver at the McIntosh Zone, hosted mainly (85%) in the young rhyolite domes and dikes. Important alterations include multiple generations of quartz in stock works, replacement illite, adularia (both as flooding and in veins), and a variety of iron oxides mostly filling fractures. The domes at the McIntosh Zone are the northernmost two of a highly prospective dome field, elongated north-south, and measuring 10 km by 2 km. The dome field contains 31 separate domes and is entirely covered by Allegiant’s claim block. Higher grade intercepts in drill holes 239 and 243 appear to be associated with stronger quartz veining than typical. Future work programs in the McIntosh Zone will focus on defining the extent of this high-grade zone to better understand the implications on resource growth, mine planning, and economics.
To date, most exploration targets at Eastside that had been defined by surface sampling, lithologic and alteration mapping, and geophysics, remain untested. The attached map shows seven target areas which are magnetic lows coincident with anomalous geochemistry determined by over 3500 surface samples. Two of these targets were partially tested in 2022, namely the East Pediment (Anomaly 5) and the West Anomaly (Anomaly 7), respectively). The East Pediment is covered with 35-50 feet of young gravel and drilling is blind.
East Pediment drilling in 2022 encountered young rhyolite in hole ES-258, identical to that hosting most of the McIntosh Zone deposit. Assays returned gold values above 0.1 g/t over 51.5 meters of the 242 metre length of drill hole ES-258. Intercepts include: 86.4 to 93.9 meters averaging 1.3 g/t Au, including 86.4 to 87.9 meters averaging 4.4 g/t Au, along with 197 to 229 meters averaging 0.28 g/t Au. The mineralization in this hole remains open, especially to the north. Six additional holes were drilled in late August 2024 within Target 5 (see Map 1)including several north of E-258. Assays are pending for these holes.
MAP 1: EASTSIDE TOP EXPLORATION TARGETS
https://allegiantgold.com/site/assets/files/3144/exploration-targets-eastside.jpg
MAP 2: MAPPED RHYOLITE DOMES
https://allegiantgold.com/site/assets/files/3144/geology-eastside.jpg
MAP 3: EASTSIDE PROPERTY DISTRICT
https://allegiantgold.com/site/assets/files/3144/eastside-map-entire-project.jpg
MAP 4: PLANNED & PERMITTED DRILL TARGETS
https://allegiantgold.com/site/assets/files/3144/es-planning-2024-6k-08-01-24-highlighted.pdf
MAP 5: SOUTH HILL DRILL TARGETS (MCINTOSH ZONE)
https://allegiantgold.com/site/assets/files/3354/eastside_drilling2023_xpnsnpdh_2401152.jpg
ISSUANCE OF RSUs
The Company has also granted 100,000 restricted stock units (“RSUs”) to a technical consultant of the Company. The RSUs will vest over 12 months.
QUALIFIED PERSON
Andy Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is the Qualified Person under NI 43-101, Standards of Disclosure for Mineral Projects, who has reviewed and approved the scientific and technical content of this press release.
ABOUT ALLEGIANT
Allegiant owns five highly prospective gold projects in the United States all of which are in the mining-friendly jurisdiction of Nevada. Allegiant’s flagship, Eastside hosts a large and expanding gold resource and is in an area of excellent infrastructure. Preliminary metallurgical testing indicates that both oxide and sulphide gold mineralization at Eastside is amenable to heap leaching.
ON BEHALF OF THE BOARD
Peter Gianulis
CEO
For more information contact:
Investor Relations
ir@allegiantgold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. Allegiant Gold Ltd.’s (“Allegiant”) exploration plans for its gold exploration properties, the drill program at Allegiant’s Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, Allegiant’s future exploration and development plans, including anticipated costs and timing thereof; Allegiant’s plans for growth through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled “Risk Factors” in Allegiant’s Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR under Allegiant’s profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. Allegiant undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions, or other circumstances should change, except as otherwise required by applicable law.
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| To: LoneClone who wrote (3386) | 9/23/2024 3:03:00 PM | | From: LoneClone | | | | NEVADA KING INTERSECTS 53.8M OF 4.10 G/T AU, 35.1M OF 3.59 G/T AU AND 24.4M OF 1.76 G/T AU WITH 440.6 G/T AG AT ATLANTA
newswire.ca
Nevada King Gold Corp. Sep 23, 2024, 07:30 ET
VANCOUVER, BC, Sept. 23, 2024 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) (OTC: NKGFF) ("Nevada King" or the "Company") is pleased to announce assay results from twenty reverse circulation ("RC") holes and one core hole recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Today's holes are plotted in plan and along sections 22-10N(4), 22-11N(3), 22-12N, and 22-13N, (Figures 1-5).
Highlights:
Figure 1. Location map for holes reported in this news release along the four drill sections 22-10N(4, 22-11(3), 22-12N, and 22-13N relative to the perimeter of the historical Atlanta Pit and footprint of the Gustavson 2020 NI-43101 resource. Shallow drillholes on the mine dumps have been removed from the plot for clarity. (CNW Group/Nevada King Gold Corp.)
Figure 2. Updated cross section 22-10N(4) looking north across the West Atlanta Fault (WAF) that divides the Atlanta Mineralized Fault Zone (AMFZ) target on the east from the West Atlanta Graben Zone (WAGZ) target on the west. Within the AMFZ Au/Ag mineralization is largely hosted within silica breccia horizon along the unconformity of Paleozoic dolomite and quartzite units. Mineralization within the WAGZ is largely hosted within felsic volcanic intrusions above the Paleozoic basement. (CNW Group/Nevada King Gold Corp.)
Figure 3. Updated cross section 22-11N(3) looking north across the Atlanta Mineralized Fault Zone (AMFZ) to the east, and the West Atlanta Graben Zone (WAGZ) to the west. Along the AMFZ Au/Ag mineralization is largely hosted within a silica breccia horizon developed on top of the Paleozoic dolomite and quartzite units along the unconformity, whereas mineralization in the WAGZ is largely hosted within felsic volcanic intrusive along the Paleozoic unconformity. (CNW Group/Nevada King Gold Corp.)
Figure 4. Cross section 22-12N looking north across the Atlanta Mineralized Fault Zone (AMFZ) to the east, and the West Atlanta Graben Zone (WAGZ) to the west. Along the AMFZ Au/Ag mineralization is largely hosted within a silica breccia horizon developed on top of the Paleozoic dolomite and quartzite units along the unconformity, whereas mineralization in the WAGZ is largely hosted within felsic volcanic intrusive along the Paleozoic unconformity. (CNW Group/Nevada King Gold Corp.)
Figure 5. Section 22-13N looking north across the Atlanta Mineralized Fault Zone (AMFZ) to the east, and the West Atlanta Graben Zone (WAGZ) to the west. Along the AMFZ Au/Ag mineralization is largely hosted within a silica breccia horizon developed on top of the Paleozoic dolomite and quartzite units along the unconformity, whereas mineralization in the WAGZ is largely hosted within felsic volcanic intrusive along the Paleozoic unconformity. (CNW Group/Nevada King Gold Corp.)
Hole No.
| From (m)
| To (m)
| Interval (m)
| Au (g/t)
| Ag (g/t)
| Section
| AT23NS-120C+
| 15.4
| 69.2
| 53.8
| 4.10
| 32.9
| 10N(4)
| Including
| 60.1
| 63.1
| 3.0
| 17.98
| 63.0
| 10N(4)
| AT23NS-164
| 149.4
| 190.5
| 41.2
| 2.25
| 100.3
| 10N(4)
| AT23NS-165
| 155.5
| 205.8
| 50.3
| 1.29
| 108.5
| 10N(4)
| AT23NS-171*
| 118.9
| 154.0
| 35.1
| 3.59
| 37.1
| 12N
| Including
| 138.7
| 141.8
| 3.0
| 18.88
| 48.2
| 12N
| AT23NS-172
| 123.5
| 147.9
| 24.4
| 1.76
| 440.6
| 12N
|
Table 1. Highlighted holes released today. True thickness of mineralization along the steeply dipping West Atlanta Fault in holes NS-164 and NS-165 is estimated to be 35% to 65% of reported drill intercept length, while true thickness in the other holes is estimated to be 85% to 95% of reported intercept length. *Denotes holes bottoming in mineralization. +Denotes core holes.
|
- Shallow high-grade mineralization (4.10 g/t Au over 53.8m) in core hole AT23NS-120C begins just 15.4m beneath the pit floor along the eastern boundary of the Atlanta Mine Fault Zone ("AMFZ") and is being used for ongoing Phase II metallurgical test work (Figure 2).
- AT23NS-171 and AT23NS-172 (Figures 3 and 4) were sited to fill in drill gaps along the AMFZ and intersected 3.59 g/t Au over 35.1m and 1.76 g/t Au over 24.4m, respectively. Strong silver values of 440.6 g/t Ag accompany the gold intercept in AT23NS-172. These holes confirm that mineralization is relatively flat-lying across the central portion of the AMFZ, with higher-grade mineralization hosted in silicified rhyolitic intrusions that moved laterally eastward from the West Atlanta Fault ("WAF") along a gently west-dipping erosional unconformity.
- AT23NS-164 (2.25 g/t Au over 41.2m) and AT23NS-165 (1.29 g/t Au over 50.3m) were positioned across a drill gap on the eastern edge of the West Atlanta Graben Zone ("WAGZ") just west of the WAF. Mineralization is largely hosted within silicified rhyolitic intrusive rock occurring along the hanging wall side of the steeply-dipping WAF, although strongly silicified Paleozoic basement rock beneath the silicified intrusive hosts mineralization as well.
- Both types of strong silicification had previously been lumped into the silica breccia unit, but the Company's relogging campaign at Atlanta has now shown most of the silica breccia unit to consist of rhyolitic intrusive breccia based on trace element enrichment in chromium coupled with depletion of titanium and magnesium. This is important because these intrusions appear to have played a major role in decalcifying carbonate host rocks and subsequently depositing Au/Ag throughout the Atlanta deposit, which has significant implications as the Company looks for new mineralized zones within the carbonate-dominated regional targets recently identified north and east of the resource zone ( released September 17, 2024).
Cal Herron, Exploration Manager of Nevada King, stated, "Drilling completed in and around the Atlanta resource zone continues to inform our understanding behind the genesis of gold deposition at Atlanta. Throughout the West Atlanta Graben Zone and up on the East Ridge Target, we know that rhyolitic intrusions related to gold mineralization show up in the CSAMT data as low resistivity zones. The Company has identified numerous additional CSAMT low resistivity zones scattered throughout the Atlanta district where other such intrusive activity may have occurred.
"Based on our ongoing relogging program, we now recognize that there are two distinct types of intrusive or silica breccia units ("SBX") found at Atlanta – one associated with altered dolomite that rarely hosts gold mineralization outside of the resource zone and the second related to rhyolitic intrusions, which does often host gold mineralization. As the regional drilling begins, this distinction between these two SBX units will play an important role. SBX found to be high in chromium and low in titanium/magnesium will indicate that we are near to a rhyolitic event and with more searching, can reasonably expect to find gold mineralization. On the other hand, SBX encountered with elevated magnesium and low chromium values can be quickly tagged as altered dolomite and disregarded if no anomalous gold is present. Armed with this new exploration model, we feel added confidence in our regional exploration program as we rely on CSAMT signatures, looking for additional (and in many cases larger) intrusive-related mineralized zones."
Hole No.
| From (m)
| To (m)
| Interval (m)
| Au (g/t)
| Ag (g/t)
| Section
| AT23NS-120C+
| 15.4
| 6932
| 53.8
| 4.10
| 32.9
| 10N(4)
| Including
| 60.1
| 63.1
| 3.0
| 17.98
| 63.0
| 10N(4)
| AT23NS-164
| 149.4
| 190.5
| 41.2
| 2.25
| 100.3
| 10N(4)
| AT23NS-165
| 155.5
| 205.8
| 50.3
| 1.29
| 108.5
| 10N(4)
| AT23WS-65
| 355.2
| 382.6
| 27.4
| 1.09
| 16.3
| 11N(3)
| AT23NS-172
| 123.5
| 147.9
| 24.4
| 1.76
| 440.6
| 11N(3)
| AT24WS-66*
| 336.9
| 367.4
| 30.5
| 1.05
| 17.2
| 12N
| AT22NS-86
| 61.0
| 88.4
| 27.4
| 1.10
| 22.1
| 12N
| AT23NS-118
| 265.2
| 311.0
| 45.7
| 0.71
| 9.4
| 12N
| AT23NS-169
| 178.4
| 202.7
| 24.4
| 2.45
| 55.5
| 12N
| AT23NS-170
| 91.5
| 157.0
| 65.5
| 1.52
| 44.4
| 12N
| AT23NS-171*
| 118.9
| 154.0
| 35.1
| 3.59
| 37.1
| 12N
| Including
| 138.7
| 141.8
| 3.0
| 18.88
| 48.2
| 12N
| AT21-18B^
| 0.0
| 4.6
| 6.7
| 0.15
| 22.97
| 13N
| AT22NS-32
| 112.8
| 122.0
| 9.1
| 0.23
| 8.7
| 13N
| AT22NS-33
| 35.1
| 45.7
| 10.7
| 0.47
| 118.2
| 13N
| AT22NS-34
| 86.9
| 132.6
| 45.7
| 0.49
| 41.2
| 13N
| AT22NS-35
| 27.4
| 36.6
| 9.1
| 0.44
| 44.9
| 13N
| AT23WS-37
| 336.9
| 368.9
| 32.0
| 1.02
| 9.2
| 13N
| AT22NS-93
| 176.8
| 201.2
| 24.4
| 1.53
| 24.9
| 13N
| AT23NS-126
| 161.6
| 199.7
| 38.1
| 0.76
| 20.4
| 13N
| AT23NS-132
| 189.0
| 236.3
| 47.3
| 1.25
| 30.3
| 13N
|
Table 2. All holes released today. Mineralization along the northerly-trending West Atlanta Fault occurs within an intrusive breccia zone dipping 60 to 70 west, and true mineralized thickness is estimated to be 35% to 65% of reported intercept lengths. Holes along the northerly-trending AMFZ and within the West Atlanta Graben occur within gently dipping silica breccia above the Paleozoic unconformity with true mineralized thickness of 85% to 95% of reported intercept lengths. * Denotes holes bottoming in mineralization. ^ Denotes angle holes. + Denotes core holes.
|
Hole No.
| From (m)
| To (m)
| Interval (m)
| Au (g/t)
| Ag (g/t)
| Section
| AT22HG-18
| 257.6
| 291.2
| 33.5
| 2.35
| 363.0
| 10N(4)
| AT23HG-26*
| 279.0
| 317.1
| 38.1
| 0.82
| 27.0
| 10N(4)
| AT23WS-27
| 193.6
| 256.1
| 62.5
| 1.78
| 3.7
| 10N(4)
| AT22NS-43A
| 3.0
| 30.5
| 27.4
| 1.02
| 21.2
| 10N(4)
| AT22NS-46
| 4.6
| 59.5
| 54.9
| 3.41
| 26.0
| 10N(4)
| AT22NS-47
| 64.0
| 89.9
| 25.9
| 2.04
| 27.8
| 10N(4)
| AT23NS-48
| 91.5
| 112.8
| 21.3
| 1.27
| 35.1
| 10N(4)
| AT22NS-49
| 62.5
| 88.4
| 25.9
| 3.73
| 46.1
| 10N(4)
| Including
| 67.1
| 74.7
| 7.6
| 6.33
| 28.8
| 10N(4)
| AT22NS-50
| 89.9
| 108.2
| 18.3
| 3.68
| 27.1
| 10N(4)
| Including
| 93.0
| 99.1
| 6.1
| 7.09
| 33.1
| 10N(4)
| AT22NS-89*
| 172.3
| 213.4
| 41.2
| 0.4
| 67.8
| 10N(4)
| AT22NS-90
| 182.9
| 222.6
| 39.7
| 0.82
| 52.3
| 10N(4)
| AT23NS-96
| 105.2
| 135.7
| 30.5
| 0.94
| 51.0
| 10N(4)
| AT23NS-120
| 33.5
| 71.6
| 38.1
| 1.14
| 43.4
| 10N(4)
| AT23NS-124
| 12.2
| 86.9
| 74.7
| 2.37
| 43.9
| 10N(4)
| AT23NS-129
| 109.8
| 143.3
| 33.5
| 1.14
| 31.4
| 10N(4)
| 90-2
| 135.7
| 173.8
| 38.1
| 0.99
| 90.4
| 10N(4)
| AR-02
| 182.9
| 205.7
| 22.8
| 1.72
| 46.9
| 10N(4)
| AR-24
| 36.6
| 38.1
| 1.5
| 0.13
| 5.48
| 10N(4)
| AT23WS-24
| 324.7
| 376.5
| 51.8
| 1.79
| 21.1
| 11N(3)
| AT23WS-26
| 306.4
| 336.9
| 30.5
| 0.33
| 3.2
| 11N(3)
| AT23WS-38
| 327.7
| 378.0
| 50.3
| 0.97
| 5.2
| 11N(3)
| AT22NS-40
| 15.2
| 79.3
| 64.0
| 1.45
| 32.7
| 11N(3)
| AT22NS-42
| 61.0
| 80.8
| 19.8
| 1.82
| 31.0
| 11N(3)
| AT23NS-44
| 100.6
| 123.5
| 22.9
| 2.39
| 48.0
| 11N(3)
| AT22NS-45
| 70.1
| 106.7
| 36.6
| 1.35
| 35.0
| 11N(3)
| AT21-61
| 3.0
| 36.6
| 33.6
| 0.60
| 16.7
| 11N(3)
| AT22NS-92
| 181.4
| 231.7
| 50.3
| 1.07
| 64.0
| 11N(3)
| AT22NS-95
| 129.6
| 155.5
| 25.9
| 1.63
| 67.3
| 11N(3)
| AT23NS-106
| 268.3
| 309.5
| 41.2
| 0.84
| 14.1
| 11N(3)
| AT23NS-107
| 266.8
| 306.4
| 39.6
| 1.15
| 16.4
| 11N(3)
| AT23NS-122
| 19.8
| 77.7
| 57.9
| 1.43
| 24.0
| 11N(3)
| AT23NS-128
| 79.3
| 125.0
| 45.7
| 1.12
| 58.8
| 11N(3)
| AT23NS-166
| 158.5
| 182.9
| 24.4
| 1.93
| 51.3
| 11N(3)
| DHRI-11-NRC05
| 312.5
| 373.5
| 61.0
| 1.61
| 9.09
| 11N(3)
| 88-10
| 70.1
| 118.9
| 48.8
| 0.37
| 18.0
| 12N
| KR98-19
| 192.0
| 216.4
| 24.4
| 1.23
| 44.63
| 12N
| KR98-20
| 144.8
| 204.3
| 59.5
| 0.58
| 8.92
| 12N
| DHRI-11-19C+
| 432.8
| 434.3
| 1.5
| 1.09
| 0.10
| 12N
| DHRI-11-NRC06
| 300.2
| 355.1
| 54.9
| 0.49
| 11.5
| 12N
| DHRI-15-LRC03*
| 289.5
| 338.3
| 48.8
| 1.26
| 5.31
| 12N
| DHRI-15-LRC05
| 312.4
| 338.3
| 25.9
| 1.0
| 2.47
| 12N
| DHRI-15-LRC06
| 303.3
| 341.4
| 38.1
| 0.51
| 1.96
| 12N
| AT22RC-15
| 54.9
| 97.6
| 42.7
| 0.25
| 20.7
| 13N
| AT21-18A
| 4.6
| 50.3
| 45.7
| 0.89
| 65.76
| 13N
| AT21-19
| 16.8
| 29.0
| 12.2
| 0.11
| <0.5
| 13N
| AT21-20
| 19.8
| 27.4
| 7.6
| <0.5
| <0.5
| 13N
| DHRI-11-02C^+
| 86.9
| 105.1
| 18.2
| 0.45
| 85.01
| 13N
| DHRI-11-21C*
| 326.1
| 362.1
| 30.0
| 0.42
| 8.82
| 13N
| DHRI-15-LRC04
| 297.2
| 339.9
| 42.7
| 0.74
| 2.07
| 13N
|
Table 3. Previously released holes drilled by Nevada King and historic operators. Mineralization along the West Atlanta Fault is estimated to be 35% to 65% of reported intercept lengths, while true thickness in holes along the AMFZ and within the West Atlanta Graben are estimated to be of 85% to 95% of reported intercept lengths. AT series holes drilled by Nevada King in 2021 to 2023. DHRI series holes drilled by Meadow Bay in 2011 and 2015. 90 series holes drilled by Goldfields in 1990. 88 series holes drilled by Bobcat in 1988. *Denotes holes bottoming in mineralization. ^ Denotes angle drill holes. + Denotes core holes.
|
QAQC Protocols
All RC samples from the Atlanta Project are split at the drill site and placed in cloth and plastic bags utilizing a nominal 2kg sample weight. CRF standards, blanks, and duplicates are inserted into the sample stream on-site on a one-in-twenty sample basis, meaning all three inserts are included in each 20-sample group. Samples are shipped by a local contractor in large sample shipping crates directly to American Assay Lab in Reno, Nevada, with full custody being maintained at all times. At American Assay Lab, samples were weighed then crushed to 75% passing 2mm and pulverized to 85% passing 75 microns in order to produce a 300g pulverized split. Prepared samples are initially run using a four acid + boric acid digestion process and conventional multi-element ICP-OES analysis. Gold assays are initially run using 30-gram samples by lead fire assay with an OES finish to a 0.003 ppm detection limit, with samples greater than 10 ppm finished gravimetrically. Silver samples that run greater than 100ppm are also finished gravimetrically. Every sample is also run through a cyanide leach for gold with an ICP-OES finish. The QA/QC procedure involves regular submission of Certified Analytical Standards and property-specific duplicates.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by Calvin R. Herron, P.Geo., who is a Qualified Person as defined by National Instrument 43-101 ("NI 43-101").
About Nevada King Gold Corp.
The Atlanta Mine is a historical gold-silver producer with a NI 43-101 compliant pit-constrained resource of 460,000 oz Au in the measured and indicated category (11.0M tonnes at 1.3 g/t) plus an inferred resource of 142,000 oz Au (5.3M tonnes at 0.83 g/t). See the NI 43-101 Technical Report on Resources titled "Atlanta Property, Lincoln County, NV" with an effective date of October 6, 2020, and a report date of December 22, 2020, as prepared by Gustavson Associates and filed under the Company's profile on SEDAR+ ( www.sedarplus.ca).
Resource Category
| Tonnes
(000s)
| Au
Grade
(ppm)
| Contained Au
Oz
| Ag Grade
(ppm)
| Contained Ag
Oz
| Measured
| 4,130
| 1.51
| 200,000
| 14.0
| 1,860,000
| Indicated
| 6,910
| 1.17
| 260,000
| 10.6
| 2,360,000
| Measured + Indicated
| 11,000
| 1.30
| 460,000
| 11.9
| 4,220,000
| Inferred
| 5,310
| 0.83
| 142,000
| 7.3
| 1,240,000
| Table 4. NI 43-101 Mineral Resources at the Atlanta Mine
|
Please see the Company's website at www.nevadaking.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operations and activities of Nevada King, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the Company's exploration plans and the Company's ability to potentially expand mineral resources and the impact thereon. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Nevada King, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Nevada King does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
SOURCE Nevada King Gold Corp.
 For further information, contact Collin Kettell at collin@nevadaking.ca or (845) 535-1486.
|
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| To: LoneClone who wrote (3387) | 9/24/2024 2:40:45 PM | | From: LoneClone | | | | Athena Gold Samples up to 50.6 g/t Gold From Buster Mine at Excelsior Springs Project, Esmeralda County, Nevada
accesswire.com
Tuesday, 24 September 2024 06:57 AM
VACAVILLE, CA / ACCESSWIRE / September 24, 2024 / Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNR) ("Athena" or the "Company") is pleased to report high-grade gold and silver samples from its first-ever underground mapping and sampling program at its flagship Excelsior Springs project in Nevada's prolific Walker Lane Trend. Five samples were collected underground from the past-producing Buster Mine, which historically produced an estimated 19,200 oz Au at an average grade of 41.1 g/t Au. Two of these samples returned high-grade Au, including:
- 50.6 g/t Au and 33.7 g/t Ag over 0.3 m, from the 75' level; and,
- 28.1 g/t Au and 29.6 g/t Ag over 1.0 m, from the 125' level.
The reconnaissance program conducted in August 2024 represents Athena's first-time underground at the Buster Mine, providing an opportunity for the team to have a close-up look at the mineralized orebody and gain a better understanding of structural controls at Excelsior. Historical sampling included four samples which exceeded the upper detection limit of 10 g/t Au; however, these were never analyzed to completion. The geologist who collected the surface and underground samples at the Buster Mine in 1986 estimated a mineralized zone containing a historical mineral inventory of up to 200,000 oz Au within a shallow depth of 61 m. This estimate is historical in nature and should not be relied upon as a current mineral resource. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves.
"We are pleased to see sampling results confirm the high-grade nature of the epithermal veins at the historic Buster Mine. In addition, we now have a much better understanding of structural controls on mineralization at Excelsior, which should bode well for planning our upcoming drill program" stated John Power, President & CEO of Athena Gold. "Due to small stoping dimensions and uncertain ground conditions, we were unable to sample over broader zones - however, we have reason to believe that high-grade, vein-hosted mineralization ‘bleeds' into the host rock as evidenced by previous drilling at Excelsior. The Buster Mine area is located 400 meters from the Western Slope Zone where our recent RC drill campaigns returned several impressive intercepts including up to 5.2 g/t Au over 33 m. Importantly, the geochemistry at Buster and the Western Slope Zone appear very similar, providing evidence that both mineralized zones may be part of the same system, and opens up the possibility of a larger, mineralized system connecting these two zones."
Two distinct structural orientations were observed and believed to be controlling mineralization, both east-west striking. The first is very steeply north dipping and yielded 50.6 g/t Au over 0.3 m (Figure 1). This sample was collected near the eastern stope on the 75' level, where historical sampling returned 5.8 g/t Au over 1.07 m. Historically, the higher-grade samples which exceeded the 10 g/t Au detection limit were collected from the western stope on the 75' level. Most of the past production occurred within the western stope, which extends from near surface to the 125' level.
On the 125' level, a shallow 35° north dipping fault zone yielded 28.1 g/t Au over 1.0 m (Figure 2). The steeper structures identified on the 75' level appear to be cut by this younger, shallow structure.
This work program demonstrated the important role these shallow structures, which can be traced on surface, play in the control of mineralization at Excelsior Springs. Additional surface and underground mapping will be conducted to better understand the distribution and extent of mineralization along these structures to better target future drilling.
 Figure 1: Plan map of the historic Buster Mine, 75' level.
 Figure 2: Photograph of 125' Level at Buster Mine, showing sample location and identified structures, looking east.
About the Buster Mine
The Buster Mine is located on the Fortunatus patented claim owned by Athena and is an integral part of our flagship Excelsior Springs Project.
Mineralization at the Buster Mine was discovered in 1872 and has been through several periods of small-scale mining and exploration efforts. During the late 1800s and perhaps the early 1900s there was unconfirmed reported production from the Buster Mine of an estimated 19,200 oz Au at an average grade of 41.1 g/t Au.
The Buster Shaft is 235' deep, with workings on the 75', 125', and 175' levels. It is estimated there is approximately 1,540' of accessible workings, most of which are on the 75' and 125' levels.
Technical Information
The data disclosed in this news release includes historical exploration sampling results. The reader is cautioned that the historical results are based on prior data and reports prepared by previous property owners and other sources. Athena has not independently analyzed the results of the historical exploration work to verify the results. The reader is cautioned not to treat them, or any part of them, as current and that a qualified person has not done sufficient work to verify the results and that they may not form a reliable guide to future results. No independent QA/QC protocols are known for these samples and as such analytical results may be unreliable. Athena's current and future exploration work includes verification of the historical data through further exploration.
QA/QC
Sample preparation and gold analysis was performed by ALS Global in Reno, Nevada. Rock samples were analyzed for gold and 50 other elements by inductively coupled plasma followed by mass spectrometry (ME-MS41) and gold by 30-gram fire assay followed by atomic absorption (Au-AA23). Gold over limits were determined by a gravimetric method (Au-GRA21).
Qualified Person
Technical information in this news release has been reviewed and approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer, Cathro & Associates (1981) Limited and a qualified person for the purposes of National Instrument 43-101.
About Our Flagship Excelsior Springs Project
The Excelsior Springs Project (the "Project") lies within the prolific Walker Lane tectonic trend, a large region of northwest-trending, strike-slip fault zones that host a significant number of precious metal deposits having very strong structural control for mineralization. The Walker Lane trend is experiencing a major resurgence of intense and successful exploration and development.
The Project contains numerous prospect pits, trenches, roads, surface sampling sites and 113 drill holes to date within a 300m X 3,000m wide (1,000 foot-wide and 10,000-foot-long east-west trending zone of shearing and alteration. Underground workings on the two patented claims within the Project had unverified, historical production of 19,200 oz at 41.1 g/t Au.
Gold mineralization discovered at the Project to date occurs in quartz veins, stock-works, and silicified zones in hornfels and calc-silicate altered country rock and is generally close to porphyry dykes. The best grades and thicknesses discovered recently were found in oxidized and altered sedimentary rock immediately above porphyry dykes intruded along preexisting east- and east-northeast trending faults. The mineralized stock-work vein zones are shallow and have a relatively flat plunge, making them potentially amenable to open pit mining methods.
Based on the results of previous drilling programs, the Project has the potential to host one or more shallow gold deposits amenable to open pit mining, along with deeper, higher grade feeder zones that may be found and could be mined by underground methods. In the opinion of management and its consultants, the Project is very promising and further exploration has the potential to expand the known mineralization and establish additional mineralized zones.
About Athena Gold Corporation
Athena is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct additional exploration drilling and studies on the Project.
For further information about Athena Gold Corporation and our Excelsior Springs Gold project, please visit www.athenagoldcorp.com.
On Behalf of the Board of Directors
John C. Power
Chief Executive Officer and President
For further information, please contact:
John C. Power
Email: johnpower@athenagoldcorp.com
Jason Libenson
President and CCO
Castlewood Capital Corporation
Phone: (647)-534-9884
Email: jason@castlewoodcapital.ca
Forward Looking Statements
This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities laws. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future exploration plans and the completion of a phase 2 drill program at the Project, future results from exploration, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "will", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, that there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of the Company's projects in a timely manner, QAQC procedures at the Project were followed, the availability of financing on suitable terms for the exploration and development of the Company's projects and the Company's ability to comply with environmental, health and safety laws.
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics such as COVID-19, including the impact of COVID-19 on the Company's business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including of the Canadian Securities Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and other factors and risks that are discussed in the Company's periodic filings with the SEC and disclosed in the final long form prospectus of the Company dated August 31, 2021.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this press release or incorporated by reference herein, except as otherwise.
SOURCE: Athena Gold Corp.
Topic:
Company Update |
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| To: LoneClone who wrote (3388) | 9/24/2024 3:38:16 PM | | From: LoneClone | | | | Nevada Canyon Gold: INITIAL 2024 DRILL RESULTS FROM THE LAPON CANYON PROJECT A NEVADA CANYON OWNED ROYALTY
ca.finance.yahoo.com
Nevada Canyon Gold Corp.
Tue, September 24, 2024 at 8:00 a.m. PDT·8 min read
NGLD
-1.89%
Reno, Nevada, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Nevada Canyon Gold Corp. (OTC Markets: NGLD) (The “Company” or “Nevada Canyon”) is pleased to announce it has been informed that initial drill results have been released from the 2024 reverse circulation (“RC”) drill program on the Lapon Canyon Project, (the “Project”) a Nevada Canyon owned royalty, located in Mineral County, Nevada.
Nevada Canyon owns a 3% Net Smelter Royalty (“NSR”) on the Project, (see news release 05-28-2024) Walker River Resources Corp. (“Walker River”) owns a 100% undivided interest in the Project consisting of 96 unpatented lode mining claims identified as the Sleeper and Lapon Rose claim groups situated in Mineral County, Nevada, within the northern portion of the Walker Lane gold trend.
Walker River Resources Corp (TSX.V: WRR), announced on September 24, 2024 (see WRR news release 09-24-2024) initial drill results from the 2024 RC drill program at the Lapon Canyon Project, located in Mineral County, Nevada, 60 km SE of Yerington, NV.
Key Highlights
- Drill hole LC-24-100 returned 4.5 g/t Au over 56.5 meters at a depth of 65.5 meters, including an intercept of 20.3 g/t Au over 4.8 metres. The hole was terminated in gold mineralization returning 4.42 g/t Au over 7.7 meters from 114.3 to the end of the hole at 122 meters
- Drill hole LC-24-99 returned 1.17 g/t Au over 73.1 metres starting at a depth of 6.1 metres. This interval included an intercept of 6.9 g/t Au over 6.0 metres
- The assay results demonstrate the robust nature and continuity of the gold mineralized alteration zone at Hotspot, extending the zone from its initial discovery approximately 125 metres laterally east from the and to a depth of 100 m
- Previous and current drilling results continue to define a sub to horizontal geometry of the gold system. High-grade shoots may have developed within the broader mineralized domains.
- Drilling at the Hotspot Zone is carried out in different directions (azimuths) from the same drill pad, with systematic drilling on section with pads placed at every 30 to 60 meters or so, with up to five holes per pad.
- Drilling at Lapon Canyon is on-going, with additional results expected from the Central and Hotspot Zones
Table 1: Selected results from new drill assays from the Hotspot Zone.
|
| From
| To
| Width*
| Gold
| Gram metres
| Drill Hole
|
| (m)
| (m)
| (m)
| (g/t)
| (g/t*m)
| LC-24-97
|
| 24.4
| 35.0
| 10.6
| 1.66
| 17.6
| including
| 27.4
| 30.5
| 3.1
| 5.25
| 16.3
| LC-24-98
|
| 27.4
| 39.6
| 12.2
| 3.45
| 42.1
|
| 56.4
| 115.8
| 59.4
| 0.49
| 29.1
| including
| 89.9
| 97.5
| 7.6
| 2.1
| 16.0
| LC-24-99
|
| 6.1
| 79.2
| 73.1
| 1.17
| 85.5
| including
| 32.0
| 68.6
| 36.6
| 2.12
| 77.6
| including
| 61.0
| 67.0
| 6.0
| 6.9
| 41.4
| LC-24-100
|
| 65.5
| 121.9
| 56.4
| 4.5
| 253.8
| including
| 71.6
| 79.2
| 7.6
| 7.9
| 60.0
| and
| 105.2
| 110.0
| 4.8
| 20.3
| 97.4
|
*The above drill results are presented with lengths representing sampled lengths. True width is estimated to be between 65 and 90 percent of sampled widths.
Figure 1: Plan and section view of the Hotspot zone, Central zone, historical drilling and 2024 drilling results.
Please click to view image
The 2024 drill program at Lapon Canyon is exploration and definition focused. Drill holes were planned with the intent to define the extent and geometry of the mineralized system and test for new mineralized zones along strike and at depth.
Figure 2: Plan and section view of the Hotspot zone, Central zone, historical drilling and 2024 drilling results.
Please click to view image
All four holes analyzed and included in this release returned anomalous gold intercepts. The most significant result was from LC-24-100, which returned 4.5 g/t Au over 56.5 meters at a depth of 65.5 meters and included an interval of 20.26 g/t Au over 4.5 metres. The hole stopped in gold mineralization returning 4.42 g/t Au over 7.7 meters from
114.3 to the end of the hole at 122 meters. The hole will be re-entered and extended as mineralization may continue. Other assay results are tabulated in Table 1.
On-going work at Lapon Canyon in 2024 consists of constructing additional drill access roads and drill pads, structural mapping at surface, and RC drilling. This work is planned to continue for the remainder of 2024.
The results from the 2024 drill programs and subsequent data compilation will enable the completion of an initial NI 43-101 compliant mineral resource on the Project.
Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance
All sampling was conducted under the supervision of the Company's project geologists and the chain of custody from the drill to the sample preparation facility was continuously monitored. A blank or certified reference material was inserted approximately every tenth sample. The Lapon Canyon samples were delivered to American Assays Laboratories’ certified laboratory facilities in Sparks, NV. The samples were crushed, pulverized and the sample pulps digested and analyzed for gold using fire assay fusion and a 50 g gravimetric finish.
Samples are taken and bagged directly at the drill rig at every 1.5-meter interval, standard in the exploration industry. A small sample is also taken at the drill rig and put into a chip tray for examination purposes and to determine those sample bags that should be sent to the lab for assay purposes. Often this work is carried out using a microscope for the examination of the rock chips. The full sample bag from the interval chosen for assay purposes is then sent directly from the drill site to the lab, located in Sparks, NV.
The scientific and technical information contained in this news release has been reviewed, verified and approved by Dave Nuttal P.Geo, President of Serac Exploration, who is an independent Qualified Person as defined under NI 43-101 Standards of Disclosure for Mineral Projects.
About the Lapon Canyon Project
Lapon Canyon hosts historical, high grade gold mining with approximately 2,000 feet of underground workings in three adits. Historical underground work returned numerous assay values in the one-ounce-per-ton range. (NI 43-101, Montgomery and Barr, 2004). Walker River has completed considerable exploration work to date, with numerous drill hole intercepts that have indicated significant gold mineralization. The Project is easily accessible by secondary state roads from the main highway (15 miles), and is located approximately 40 miles southeast of Yerington, Nevada. A state power grid transmission line passes within 2 miles of the Project.
About Nevada Canyon Gold Corp.
Nevada Canyon Gold Corp. is a US-based natural resource company headquartered in Reno, Nevada. The Company has a large, strategic land position and royalties in multiple projects, within some of Nevada’s highest-grade historical mining districts, offering year-round access and good infrastructure in proven and active mining districts. The Company has a three-fold business model; i) mineral royalty creation and acquisition; ii) precious-metals and exploration streaming & financing; and iii) exploration project accelerator.
For further information please contact:
Corporate Communications
Larry Heuchert
Tel: 1-888-909-5548 Ext. 2
Email: ir@nevadacanyongold.com
Web: www.nevadacanyongold.com
Forward-Looking Statements
The information posted in this release may contain forward-looking statements. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of exploration, delays in completing various engineering and exploration programs, and any potential results from such programs. Specifically, forward-looking statements in this news release include statements with respect to the potential mineralization and geological merits of the Company properties, its royalties owned on properties and various other factors beyond the Nevada Canyon Gold Corp.'s control. The Company's actual results could differ materially from those discussed in this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation. Investors are advised to carefully review the reports and documents that Nevada Canyon Gold Corp. files from time to time with the SEC, including its Annual Form 10K for the fiscal year ended December 31, 2023, Quarterly Reports and Current Reports. |
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| To: LoneClone who wrote (3389) | 9/25/2024 2:17:16 PM | | From: LoneClone | | | | Black Mammoth Metals Signs Final Agreement for Raven and Callaghan Gold Properties
newswire.ca
Black Mammoth Metals Corp Sep 24, 2024, 20:59 ET
No.24-14 BMM: TSX-V
VANCOUVER, BC, Sept. 24, 2024 /CNW/ - Black Mammoth Metals Corporation (TSXV: BMM) (OTC: LQRCF) ("Black Mammoth" or the "Company") is pleased to announce that further to the Company's news release dated September 10, 2024, a final agreement has been signed for the Raven and Callaghan gold properties, located in central Nevada. Drill permitting is underway to begin testing the Carlin- type targets at South Ravenswood and Callaghan districts under notice of intent level permits with the BLM.
There are no work commitment amounts, finder's fees or share compensation in connection with this transaction. The Company also continues to acquire non-core exploration interests in the western US, by purchase and by staking.
About Black Mammoth Metals Corporation:
In 2024, Black Mammoth Metals has acquired a 100% interest in the America Mine gold property, San Bernardino, CA, the Quito gold property, Lander County, NV and has consolidated South Ravenswood and Callaghan gold Districts, also in Lander County NV.
At the Company's 100% owned, 1,213 hectare (2,997 acre) Happy Cat gold property, Lander County, NV, an approximate 4 square kilometre area is identified as being hydrothermally altered. Structural modelling suggests the density of the alteration and its' density contrast relative to the host rock is typical to that of alteration zones present at other Carlin-type deposits in northern Nevada. The alteration encompasses an area where northerly trending high-angle faults intersect indicated NW-trending re-activated faults that are known to be of age and orientation as ore-controlling faults occurring at other Carlin-type deposits. The Company intends to prioritize drill targets within the alteration area.
Black Mammoth also has a 100% interest in the Blanco Creek gold property in the Elk Creek Mining District, central Idaho, which hosts three historic underground mines along 3,550 meters (11,644 feet) of strike on the north-east trending regional Blanco Shear Zone. Exploration by two previous operators identified a geological target for the Blanco Creek property in the order of 1.70 to 2.48 million tons, grading 0.20 to 0.33 oz/ton Au (1.54 to 2.24 million tonnes, grading 6.85 to 11.31 g/tonne Au); see the Company's press release dated February 14, 2017.
Black Mammoth cautions investors to note the potential quantity and grade of the geological target are conceptual in nature. A qualified person has not completed sufficient work to classify the geological target as mineral resources as defined by NI 43-101, and it is uncertain if future exploration will result in the target being delineated as mineral resources.
Mark J. Abrams, CPG #11451, a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and director of Black Mammoth, has reviewed and approved the technical content in this release. Historical information contained in this news release cannot be relied upon as Mr. Abrams, the Company's Qualified Person, has not prepared nor verified the historical information.
On behalf of the board,
"Dustin Henderson"
Dustin Henderson, BBA
President & CEO
Website: www.blackmammothmetals.com
This press release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical fact, included herein, including statements regarding the Company's completion of the Transaction and related transactions are forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future performance, and that actual results may differ materially from those in forward-looking statements. Important factors that could cause actual events and results to differ materially from the Company's expectations include that the requisite corporate and TSXV for the Transaction may not be obtained; that the Company or IDA Mining, as applicable, may be unable to satisfy any or all closing conditions necessary for the completion of the Transaction; and other risks that are customary to transactions of this nature. Trading in the securities of the Company should be considered highly speculative. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the latest technical reports filed with respect to the Company's mineral properties.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Black Mammoth Metals Corp
 Black Mammoth Metals Corporation: Phone: 604 347 9101, Email: blackmammothmetals@gmail.com
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| To: LoneClone who wrote (3390) | 9/26/2024 1:09:24 PM | | From: LoneClone | | | | Westward Gold Provides Preliminary Gravity Interpretations at Toiyabe Hills
thenewswire.com
Vancouver, British Columbia, September 26, 2024 – TheNewswire – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to provide an update on the 2024 district-scale gravity survey at its flagship Toiyabe Hills project (“Toiyabe Hills”, or the “Property”), situated along the Cortez Trend in Lander County, Nevada. The Toiyabe Hills gravity survey was designed to accomplish the following goals: 1) infill a 2008 gravity survey and expand coverage to provide enhanced resolution of subsurface geology over the entire 55-square-kilometer Toiyabe Hills land package (see Figure 1 below); 2) determine the extent and relative depth of favourable lower-plate carbonate rocks beneath upper-plate siliciclastic cover rocks; and, 3) determine the structural framework of the district. The survey succeeded in these goals and provided important clues for additional geophysical work and exploration targeting.
The 2024 gravity survey was completed by MWH Geo-Surveys of Reno, NV and included 1,012 unique stations. The new data were acquired on either 200m or 250m square grids, based on legacy coverage in the area. Data verification, merging, modeling, and interpretations were provided by J. L. Wright of Wright Geophysics in Spring Creek, NV. Mr. Wright is a well-respected geophysicist with over 40 years of expertise within the Carlin and Cortez Districts of northern Nevada. The Company’s Technical Team also conducted an internal peer review to arrive at the structural interpretations displayed in Figures 2 and 3 below – with the benefit of other known datasets (including field observations).
Figure 1: Westward’s Toiyabe Hills Project
Click Image To View Full Size
Key highlights and interpretations of the gravity survey include:
- Gravity interpretation confirms favourable lower-plate carbonate rocks lie at drillable depths over approximately 70% of the Property (Figure 2)
- This new information is a game-changer in terms of unlocking value of potential lower-plate carbonate-hosted gold targets hidden beneath upper-plate cover rocks, similar to modern-day discoveries in the region. This style of targeting has never been attempted by previous operators and it opens up exciting opportunities for the Company
- Interpretations of the residual gravity (Figure 2) and horizontal gradient of the residual gravity (Figure 3) provide a structural framework for the Toiyabe District
- Interpretations define a complex network of north-, northeast -, and northwest-striking structural corridors at Toiyabe Hills. Most notable is the north-striking Hilltop Corridor (Figures 2 and 3)
- This type of structural framework is representative of stress regimes documented in northern Nevada and is very similar to published gravity data associated with gold deposits on the Cortez and Carlin Trends
- At outcrop scale, 1:5000 Anaconda-style geological mapping defines en-echelon, northeast-striking, dike-filled fault corridors across the Property. These dike-filled corridors correlate with distinct northeast-striking gravity gradients (Figure 3).
- This correlation is significant as dike-filled fault corridors are a key feature associated with many Carlin-type gold deposits
- A new circular / domal feature, approximately 2km in diameter, was identified by the gravity
- The circular area is characterized by strong gravity gradients on its flanks, and gravity gradient destruction within the feature
- Initial interpretations indicate this is as an area of hydrothermal alteration developed in favourable lower-plate carbonate rocks
- An induced polarization (IP) survey completed in 2021 extends a line across this alteration feature. Two areas of very low resistivity are revealed by the IP line, both correlating with the circular feature. These responses are interpreted as strong hydrothermal alteration such as decalcification and/or argillization
- Key learnings from the gravity survey have prompted the Company to consolidate and re-evaluate all legacy geophysical surveys completed on the consolidated Toiyabe Hills Property. The re-evaluation will be undertaken to place all geophysical work into proper perspective in advance of target definition
Figure 2: Toiyabe Hills – Residual Gravity with Structural Interpretations
Click Image To View Full Size
Figure 3: Toiyabe Hills – Horizontal Gradient Residual Gravity with Structural Interpretations
Click Image To View Full Size
Westward Strategic Advisor Kelly Cluer, former Senior Director of Global Geosciences at Kinross Gold, commented: "Gravity surveys are foundational data layers for modern exploration of all types. They are particularly effective for northern Nevada Carlin system settings, because a primary source of the local gravity anomaly is the higher-density carbonate strata that host economic gold deposits. I've been involved in many gravity surveys and they consistently impress me; however, the recent survey at Toiyabe Hills is eye-opening in that it reveals the basic underlying structural architecture with crystal-clear horizontal gradient features, important alteration patterns, and the confirmation of drillable depths to lower-plate host strata across the majority of the consolidated land. We'll be using this data for years to come, but the immediate outcome is a focus on a newly-recognized structural nexus in the footwall of the previously-identified Hilltop Corridor that may be the ultimate feeder zone for much of the low-level gold and pathfinder element leakage mapped at surface in soil geochemical surveys. The new data is currently being combined with all historical geophysical, geochemical and geologic data for rigorous information mining and analysis to delineate large-scale, robust targets."
Qualified Person
The technical information contained in this news release was reviewed and approved by Robert Edie, Vice President Exploration of the Company, who is a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Edie is a Certified Professional Geologist (CPG) through the American Institute of Professional Geologists (AIPG).
About Westward Gold
Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project located in the Cortez Hills area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.
For further information contact:
Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027
andrew@westwardgold.com
www.westwardgold.com
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "believe", "anticipate", "intend", "estimate”, “potential”, “on track”, “forecast", "budget", “target”, “outlook”, “continue”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.
Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, expected drilling targets, and other statements that express management’s expectations or estimates of future plans and performance.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company’s properties; the effect of changes in commodity prices; regulatory risks that development of the Company’s material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest management discussion and analysis under “Risks and Uncertainties”, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.
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| To: LoneClone who wrote (3391) | 9/26/2024 1:43:16 PM | | From: LoneClone | | | | Phenom to Drill Crescent Valley Gold Project in October
newsfilecorp.com
September 25, 2024 1:07 PM EDT | Source: Phenom Resources Corp.
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2024) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to announce that permits and drill contractors are in place for a mid October start to the initial drilling campaign on the Company's Crescent Valley Gold Project. The drill program follows positive results from an IP geophysical survey completed in August. The Crescent Valley Gold Project represents a high-grade, bonanza-vein gold prospect strategically located within the Northern Nevada Rift flanking the southwest fringe of the Carlin Gold Trend in Northern Nevada.
Dave Mathewson, Director and Geological Advisor to the Company states, "The Crescent Valley Project represents the core portion of the largest quartz vein system in Nevada that I am aware of. The project is a low-sulphidation bonanza-vein epithermal gold opportunity with a setting remarkably similar to that of the SLEEPER deposit located in Humboldt County, Nevada. The SLEEPER Mine was a high-grade gold mine operated by AMAX Gold from 1986-1996 and was considered the lowest cost gold producer in the world in 1988 at $103/oz because of its open pit mined Bonanza vein and wall-rock gold grades which, combined, averaged 0.48 opt Au."
The Crescent Valley Gold Project located 22 km (13 miles) southwest of the town of Carlin, Nevada controls a 4 kilometre (2.5 mile) strike-length of the large low-sulphidation epithermal vein system developed along the western margin of the northern Cortez Range. The range-front/margin vein system is a zone of multi-event, silica-healed, hydrothermal breccias. Portions of the veins display minor repetitive banding, coarsely-bladed calcite, and quartz pseudomorphs of the calcite, within larger zones of phreatic-type brecciation that typically represent above-boiling zones of hydrothermal fluids and also above the prospective deposition levels of gold.
About Phenom Resources Corp.
Phenom has 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada and Highway I-80 which hosts the Carlin Vanadium deposit, North America's largest highest grade primary vanadium resource. The Project lies within the prolific Carlin Gold Trend. Approximately 9 million ounces comprised of multiple gold deposits, including past producing mines, are present near the Phenom property (5-15km). The Company has options on three gold projects in Nevada, the King Solomon and Dobbin Properties which are Carlin Gold-type targets and the Crescent Valley Property.
ON BEHALF OF PHENOM RESOURCES CORP.
per: "Paul Cowley"
CEO & President
(604) 340-7711
pcowley@phenomresources.com
www.phenomresources.com
Technical disclosure in this news release has been reviewed and approved by Dave Mathewson, a Qualified Person as defined by National Instrument 43-101, director and Geological Consultant of the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information
Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or the Company's future performance. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
 SOURCE: Phenom Resources Corp. |
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| To: LoneClone who wrote (3392) | 9/27/2024 2:19:34 PM | | From: LoneClone | | | | Getchell Gold Provides Update on the Fondaway Canyon Gold Project, NV
newswire.ca
Getchell Gold Corp. Sep 26, 2024, 04:30 ET
VANCOUVER, BC, Sept. 26, 2024 /CNW/ - (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to provide an update on the Fondaway Canyon gold project in Nevada.
Figure 1: (left) President Mike Sieb reviewing drill core; and (right) Fondaway Canyon looking NE (CNW Group/Getchell Gold Corp.)
Following the recent publishing of the Fondaway Canyon 2024 Updated Mineral Resource Estimate ("2024 MRE") (see Company news release dated September 11, 2024), that noted a significant increase from the previous iteration, the resource model was provided to Forte Dynamics, Inc., of Fort Collins, Colorado ("Forte Dynamics") to incorporate into a preliminary economic assessment ("PEA"). In order to vet the resource model and the setting of the mining operation considered for the PEA, a site visit is required to be conducted by engineers from Forte Dynamics.
During the week of September 16, 2024, a detailed tour of the project site was carried out, and a series of drill holes were reviewed. The objective of the site tour was for the engineers to obtain a firsthand perspective of the geographical, geological, structural, and mineralization setting. The objective of the core review was to gain a further understanding of the geology and mineralization; all in support of the mine and processing plant designs to be integrated in the PEA.
In conjunction, Forte Analytical, Inc., of Fort Collins, Colorado is conducting metallurgical studies on the mineralized host rock to determine an optimized processing pathway for the Fondaway Canyon gold project that will underpin the process plant design in the PEA. These studies are ongoing and the completion of the PEA is scheduled for this Fall.
A video presentation on the Fondaway Canyon gold project and the 2024 Updated Mineral Resource Estimate can be accessed through the following link: Video Presentation 2024 Updated MRE
Scott Frostad, P.Geo., is non-independent and the Qualified Person (as defined in NI 43-101) who reviewed and approved the scientific and technical information in the news release.
About Getchell Gold Corp.
The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource, and the high-grade Star (Cu-Au-Ag) projects.
For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Mineral Resource Estimate and future planned activities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
SOURCE Getchell Gold Corp.
 Mr. Mike Sieb, President, Getchell Gold Corp., 1-647-249-4798
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