TerraX purchases the Tom Mine and Sickle Properties

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/…) is pleased to announce the purchase of a 100% interest in the Tom Mine (6 sq km)and Sickle (2 sq. km) properties from Altamira Gold Corp. These properties increase the area of the YCGP from 772 square kilometers to 780 square kilometers. A map of the property locations is available here.

As part of the agreement, TerraX will pay Altamira a total of $25,000 cash and 250,000 shares of TerraX. Altamira will retain a 2% NSR royalty. The agreement is subject to the approval of the TSX-V exchange and is expected to close by the end of September.

David Suda, the Chief Executive Officer and President of TerraX stated "While results from our summer exploration program continue to fill our pipeline of focused targets; our team continues to build the world class land package. We are pleased to have completed and amicable transaction with Altamira."

The Tom Mine was a gold producer in the Yellowknife gold district from 1985-1997. The Tom and C vein systems were accessed by ramp to 122 vertical metres over 300 metres of strike length. The Tom Mine production was milled at the Ptarmigan Mine (January 12, 2018 press release) so separate production records for the Tom Mine are not available. The Tom Mine gold ore has the same characteristics as the Ptarmigan Mine which is free milling with reported recovery of 94%. When the mine closed in 1997 the veins were still open at depths below the current mine workings. (Source: The Operational History of Mines in the Northwest Territoies, R. Silke, 2009; and Treminco Resources Limited, Annual report 1990). The southern portion of the property is contiguous with the Ptarmigan Gold Mine property. TerraX has no liability for any remediation of the previous mine site.

The Sickle property is underlain by the Walsh Lake sediments, which are host to TerraX’s Mispickle Zone (September 22, 2016, press release). Several historic gold showings occur on the property with gold values up to 4 g/t.

David Suda, the Chief Executive Officer and President of TerraX stated "While results from our summer exploration program continue to fill our pipeline of focused targets; our team continues to build the world class land package. We are pleased to have completed and amicable transaction with Altamira."

Joseph Campbell, the Executive Chairman of the Board of TerraX, stated "The purchase of the Tom Mine property gives TerraX access to another gold bearing vein system similar to the past producing Ptarmigan Mine, which TerraX owns. The property is also near paved road access to Yellowknife and high-tension powerlines that are connected to the past producing Ptarmigan Gold Mine. The purchase of the Sickle property gives TerraX an additional 5 kilometers of strike length in the gold bearing Walsh Lake sediments."

The technical information contained in this news release has been approved by Joseph Campbell, the Executive Chairman of the Board of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 780 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydroelectric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district.

For more information on the YCG project, please visit our web site at www.terraxminerals.com.

On behalf of the Board of Directors

"JOSEPH CAMPBELL"

Joe Campbell

Executive Chairman of the Board

For more information, please contact:

Samuel Vella

Manager of Corporate Communications

Phone: 604-689-1749

Toll-Free: 1-855-737-2684

svella@terraxminerals.com

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

TerraX expands Giant/Con gold system in the Gull and Rater Lake areas, samples up to 171 g/t Au

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/c/search_adv/?v=298245) is pleased to announce further assay results from the Company’s summer field program on the Yellowknife City Gold project.

High grade gold assays from grab sampling have extended the strike of the Gull and Rater Lake zones. As previously reported these new targets are in the same mafic volcanic geology that also hosted the Giant and Con mines, and are within TerraX’s Core Gold exploration area. The highlight assays are 171.0 g/t Au, 5.60 g/t Au, 5.29 g/t Au, and 4.49 g/t Au on the Rater Lake zones, and 72.0 g/t Au, 52.5 g/t Au, 29.0 g/t Au, and 12.95 g/t Au on the Gull Lake Zone.

David Suda, President and CEO stated: “The results of our summer field work continue to feed our pipeline of drill targets.” David Suda further stated: “It is highly encouraging to see surface results which extend potential strike to the Giant mine structure.”

These gold zones are interpreted as being the continuation of the Giant Mine gold system. The Rater Lake structure has been followed for 300 meters north, and then appears to be offset to the west on the Akaitcho Fault, possibly continuing as the Gull Lake structure for another 1200 meters north. A second sub-parallel zone appears on the south side of Rater Lake with high grade values up to 171 g/t Au.  (see map available here). The multiple gold bearing structures in this area enhance the expanding resource potential of the Northbelt Core Gold Area.

Assay values from grab sampling at Gull and Rater Lakes range from nil to a high of 171.0 g/t Au.  Sampling included insertion of certified standards and blanks into the stream of samples for chemical analysis. Samples were prepared at ALS Chemex’s laboratory in Yellowknife and shipped to their Vancouver facility for gold analysis by fire assay and other elements by ICP analysis. ALS is a certified and accredited laboratory service.  It should be noted that, due to their selective nature, assay results from grab samples may not be indicative of the overall grade and extent of mineralization on the subject area.

The technical information contained in this news release has been approved by Joseph Campbell, Executive Chairman of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 772 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district. 

For more information on the YCG project, please visit our web site at www.terraxminerals.com.

On behalf of the Board of Directors

"DAVID SUDA"

David Suda
President and CEO

For more information, please contact:

Samuel Vella
Manager of Corporate Communications
Phone: 604-689-1749
Toll-Free: 1-855-737-2684
svella@terraxminerals.com

In Europe:
Swiss Resource Capital AG – Jochen Staiger
info@resource-capital.ch  – www.resource-capital.ch

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Aurania announces intention to extend warrants

Aurania Resources Ltd. (TSXV: ARU); (OTCQB: AUIAF); (Frankfurt: 20Q) (“Aurania” or the “Company” – http://www.commodity-tv.net/c/search_adv/?v=298509) announces it will be applying to the TSX Venture Exchange (the “Exchange”) for approval to extend the expiry date of 1,069,909 outstanding common share purchase warrants (the “Warrants”) that were issued in connection with a private placement conducted on April 20, 2017, as further described in the Company’s April 20 and May 29, 2017 news releases.

The Warrants are exercisable for common shares of the Company at an exercise price of $3.00 per share, and presently bear an expiry date of October 19, 2018. The Company is proposing to extend the expiry date of the Warrants by an additional 12 months to 5:00 p.m., Toronto, Ontario time on October 19, 2019, subject to an acceleration option.  The acceleration option allows the Company to accelerate the expiration date to a date which is 30 days following the date on acceleration notice in the event that the average trading price of the common shares exceeds $3.00 for a period of 20 consecutive trading days.

The proposed extension of the expiration date of the Warrants is subject to approval by the TSX Venture Exchange.

About Aurania

Aurania is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper.  Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at  https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

Forward-Looking Statements

This news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania’s future plans, objectives or goals, including words to the effect that Aurania or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Aurania, Aurania provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, Aurania’s objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation’s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in Aurania’s public documents filed on SEDAR. Although Aurania believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aurania disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Auryn Identifies 3.5 Kilometer Drill Target at Sombrero and Initiates Permitting

Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, “Auryn” or the “Company” – http://www.commodity-tv.net/c/search_adv/?v=298204 ) is pleased to provide an update on its Sombrero copper-gold skarn project in southern Peru, where the Company has conducted extensive surface exploration programs over the past three months.

Auryn’s technical team has defined a significant copper-gold skarn target, beneath volcanic cover, along the contact zone between mineralized intrusives and the Ferrobamba limestone formation. The 3.5-kilometer-long drill target has been defined by copper-gold surface mineralization in trenches and well-developed copper-gold soil anomalies. Strong chargeability anomalies also indicate the potential for sulphide bodies along the contact zone between the Ferrobamba limestone and monzodiorite intrusives (Figure 1).  Based on these results, Auryn is now working to obtain a drill permit for Sombrero’s first drill program, which is expected to start in Q1 of 2019.

A Message from Ivan Bebek, Executive Chairman & Director:

“The opportunity for discovery at Sombrero is substantial. It is extremely well-situated with excellent access to infrastructure and all the results to date give us the confidence that major gold-copper skarn and/or porphyry bodies could be present.”

“The Sombrero concessions are approximately 200km northeast of some of the world’s largest skarn and porphyry deposits.  Our program in Q1 of 2019 will be the first drilling this project has ever seen, which will be a very exciting time for Auryn shareholders.”

Summary of Technical Results:

Additional trench results from the endo-skarn mineralization have yielded broad zones of copper and gold oxide mineralization in highly weathered intrusive rocks on the periphery of the contact with the Ferrobamba limestone exo-skarn target area (Figure 2) as presented below in Table 1.  Detailed mapping of the endo-skarn area where these trenches (and those reported on June 19th, 2018) are located demonstrate that the mineralization is hosted within a deeply weathered setting where extensive leaching of copper mineralization has occurred. 

Auryn’s technical team is anticipating higher copper grades within the primary sulphide mineralization, which could be located subsurface as observed in similar settings within copper skarn and porphyry bodies in Peru. 

To further define the geochemical vectors as part of the targeting effort an extensive portable X-Ray fluorescence (pXRF) soil survey (5950 samples) was completed.   The geochemistry of the soils has produced clear copper-rich zones in the area of the trenches over an approximate width of one kilometer (Figure 3). The copper values are strongest in the southern area of the intrusive bodies and are associated with elevated bismuth and tellurium encountered in ICP data from trenching and rock samples. 

The strengthening of the copper, bismuth and tellurium values in soils and rocks demonstrate a clear vector towards the contact zone with Ferrobamba limestone. Along the northern margin of the Ferrobamba limestone, strong marble development can be observed, coinciding with a strong pXRF lead anomaly. These factors provide further evidence that the contact between the intrusive bodies and the limestone is potentially mineralized (Figures 4 & 5).  

In addition to geological and geochemical studies, Auryn completed ground-based induced polarization (IP) and magnetics geophysical surveys.  A total of 87 line kilometers were completed in an effort to image potential sulphide bodies under the shallow volcanic cover at the contact zone between the mineralized intrusives and the Ferrobamba limestone.  The results illustrate a 3.5-kilometer-long chargeability anomaly that Auryn believes has the potential to host multiple copper–gold bearing sulphide bodies (Figure 6).  Importantly, the observed strength of the chargeability anomalies is consistent with other sulphide bodies measured in mineralized skarn and porphyry systems in the region.

A Message from Michael Henrichsen, COO & Chief Geologist:

“The very clear target zone is extremely well-supported by geological, geochemical and geophysical lines of evidence and gives us a high degree of confidence for drilling significant copper-gold mineralization.  The scale of the project and the clear mineral endowment in the region re-emphasizes our impression that Sombrero is the best pre-drilling project many of us have seen in our careers.”

Michael Henrichsen, P.Geo, COO of Auryn, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURYN RESOURCES INC.

Ivan Bebek

Executive Chairman

For further information on Auryn Resources Inc., please contact Natasha Frakes, Manager of Corporate Communications at (778) 729-0600 or info@aurynresources.com

In Europe:

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch 

About Auryn

Auryn Resources is a technically driven junior mining exploration company focused on delivering shareholder value through project acquisition and development. The Company’s management team is highly experienced with an impressive track record of success and has assembled an extensive technical team as well as a premier gold exploration portfolio. Auryn is focused on scalable high-grade gold deposits in established mining jurisdictions, which include the Committee Bay and Gibson MacQuoid gold projects located in Nunavut, the Homestake Ridge gold project in British Columbia and a portfolio of gold projects in southern Peru, through Corisur Peru SAC.

About Sombrero

This project consists of the North Sombrero and South Sombrero properties, comprising approximately 100,000 mineral claims owned or optioned by Auryn Resources. The copper-gold Sombrero mining concessions are located 340 kilometers SE of Lima in southern Peru and are hosted in the Andahuaylas-Yauri belt. This belt is interpreted to be on the north-western margins of this Eocene-Oligocene aged copper-gold porphyry and skarn belt that hosts the Las Bambas, Haquira, Los Chancas, Cotambambas, Constancia, Antapaccay and Tintaya deposits. The project is characterized by a strong structural control and significant copper and gold values from historical surface samples. The principle targets at Sombrero are copper-gold skarn and porphyry systems and precious metal epithermal deposits.

Forward Looking Information and additional cautionary language

This release includes certain statements that may be deemed “forward-looking statements”. Forward-looking information is information that includes implied future performance and/or forecast information including information relating to or associated with the acquisition and title to mineral concessions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers should refer to the risks discussed in the Company’s Annual Information Form and MD&A for the year ended December 31, 2017 and subsequent continuous disclosure filings with the Canadian Securities Administrators available at www.sedar.com and the Company’s registration statement on Form 40-F filed with the United States Securities and Exchange Commission and available at www.sec.gov.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Maple Gold fasst die Highlights der Bohrungen im Jahr 2018 nach Erhalt der endgültigen Ergebnisse zusammen

Montreal (Quebec): Ahorn Gold Mines Ltd. "("Maple Gold" oder das "Unternehmen") (TSX-V: MGM, OTCQB: MGMLF; Frankfurt: M3G – http://www.commodity-tv.net/c/search_adv/?v=298484) freut sich, eine Zusammenfassung der Bohrkampagne 2018 zu geben, nachdem alle Proben eingegangen sind. Die Winterbohrkampagne 2018 umfasste 21.122 Meter Diamantbohrungen aus 52 Löchern und 1.471,3 Meter aus 57 kurzen Top-of-Bedrock Reverse Circulation (RC)-Löchern für insgesamt 22.593 Meter.

Etwa 70% der Gesamtmeterleistung befanden sich innerhalb oder in der Nähe des bekannten Ressourcengebiets, definiert als der 6,3 km x 1,8 km große Korridor einschließlich der Umrisse der konzeptionellen Gruben von Micon 2018 und einschließlich aller bekannten mineralisierten Zonen, die sich über die Ressource hinaus erstrecken. Die Ressource Douay NI 43-101 enthält 479.000 angezeigte Unzen mit durchschnittlich 1,59 g/t Au und 2.759.000 abgeleitete Unzen mit durchschnittlich 1,02 g/t Au, alle mit einem Cutoff-Gehalt von 0,45 g/t Au (Micon 2018).[1]  Einige der Bohrungen im Ressourcenbereich im Jahr 2018 konzentrierten sich auf aggressive Step-Out-Ziele, insbesondere dort, wo Lücken in der Bohrlochverteilung die Entdeckung neuer Zonen mit dem Potenzial, Unzen hinzuzufügen, ermöglichen und das Unternehmen einen Schritt näher an die Verbindung und Verknüpfung umliegender mineralisierter Zonen heranführen könnten. Der Restbetrag (~30%) wurde für die Erkundung des 377 km² großen Grundstückspakets und die Generierung neuer Greenfield-Ziele (seichte RC-Bohrungen) verwendet, während gleichzeitig zwei bestehende Greenfield-Zielgebiete (NE Syenite und NW Greenfield-Zielgebiete) mit einer ersten Phase der Diamantbohrungen getestet wurden. In den folgenden Abschnitten werden Highlights aus den verschiedenen Bereichen der Kampagne 2018 sowie erste Interpretationen und Analysen vorgestellt.

Ressourcenbereich: Zentrales Ressourcengebiet (Porphyrzone Infill/Step-out): 29 Bohrlöcher (11.735 Meter)

Diese Bohrungen konzentrierten sich hauptsächlich darauf, die Kontinuität der bestehenden Zonen entlang des Streichens und nach unten (oder nach oben) zu bestätigen, insbesondere in Gebieten mit geringerer Bohrlochdichte.

Hervorgehobene Ergebnisse (tatsächliche Breiten werden auf ca. 90% der Bohrlochlänge geschätzt):

  • DO-18-216: 52 m @ 3,53 g/t Au (einschließlich 21 m @ 7,87 g/t Au) in einem breiteren Halo von ~150 m aus minderwertigem Material; DO-18-203: 19 m @ 0,88 g/t Au[siehe Pressemitteilung vom 2. Mai 2018]. Diese Zonen erstrecken sich von der Oberfläche bis zu einer vertikalen Tiefe von über 300 m.
  • DO-18-229: Schneiden mehrerer mineralisierter Zonen, darunter 12 m bei 1,90 g/t Au, 8,5 m bei 3,80 g/t Au und 5,5 m bei 1,94 g/t Au, die alle Teil einer breiteren Mineralisierung sind, die sich bis zur Oberfläche erstreckt; DO-18-234: zahlreiche mineralisierte Zonen, darunter 7 m bei 1.47 g/t Au und 27,9 m @ 0,66 g/t Au; DO-18-230: mehrere Zonen, 24 m @ 0,75 g/t Au (einschließlich 7 m @ 1,17 g/t Au) und 4,8 m @ 1,25 g/t Au, diese Zonen erstrecken sich auch auf die Oberfläche[siehe Pressemitteilung 26. Juni 2018].
  • DO-18-247: Schneiden mehrerer mineralisierter Zonen, einschließlich 21 m bei 3,49 g/t Au, einschließlich 6,0 m bei 9,32 g/t Au; DO-18-254: Schneiden von 27,5 m bei 1,25 g/t Au, einschließlich 2,1 m bei 5,36 g/t Au; DO-18-244: Schneiden mehrerer mineralisierter Zonen, einschließlich 7 m bei 2,06 g/t Au und drei weiterer über 1 g/t Au. Alle diese Zonen erstrecken sich bis zur Oberfläche[siehe Pressemitteilung vom 9. Juli 2018].

Zusammenfassung: Die Untersuchungsergebnisse der Bohrungen im zentralen Teil der Porphyrzone (einschließlich DO-18-216) unterstützen das Konzept des Unternehmens, mehrere höhergradige Zonen oder Triebe innerhalb der Porphyrzone zu errichten, zeigen die Kontinuität dieser Art der Mineralisierung im zentralen Teil der Porphyrzone und eröffnen die Möglichkeit, die Gehalte in der Tiefe zu erhöhen.

Hervorgehobene Ergebnisse aus dem östlich-zentralen Teil der Porphyrzone (DO-18-247, DO-18-254 und DO-18-244) zielten auf ein Gebiet mit geringerer Bohrdichte und durchschnitten deutlich höhere Gehalte als benachbarte Bohrlöcher, was darauf hinweist, dass der Gehalt in diesem Gebiet in der Tiefe zunehmen kann. 

Bohrungen in der westlichen Hälfte der Porphyrzone (d.h. westlich von DO-18-216) bestätigten das Vorhandensein eines breiten (90 bis 130 Meter breiten) Halos von Goldmineralisierung, der sich mehrere hundert Meter entlang des Streichens erstreckt und hauptsächlich in Syeniten (DO-18-229, DO-18-230, DO-18-234) enthalten ist.

Ressourcenbereich: NW Zone, NW Gap Area (einschließlich neuer Nika Zonen):

11 Bohrungen für 4.528 Meter

Die Bohrungen konzentrierten sich auf ein Gebiet mit geringer Bohrdichte zwischen den Zonen NW, Douay West und Porphyry (NW Gap Area), wo zuvor mehrere verstreute, höhergradige Abschnitte erzielt wurden, hauptsächlich außerhalb der bestehenden konzeptionellen Gruben, wo zusätzliche Bohrungen die Kontinuität dieser Abschnitte bestätigen und die bestehenden konzeptionellen Gruben erweitern konnten.

Hervorgehobene Ergebnisse (Die wahren Breiten werden auf ca. 90% der Bohrlochlängen geschätzt):

  • DO-18-217: 17 m @ 1,08 g/t Au in einem breiteren Bereich von ~100 m Halo der niedriggradigen Mineralisierung[siehe Pressemitteilung vom 23. April 2018]; DO-18-218: 50 m @ 1,77 g/t Au mit ausgezeichneter Kontinuität und oberflächennaher Erweiterung[siehe Pressemitteilung vom 14. Mai 2018]; DO-18-227: 5 m @ 2.32 g/t Au am südöstlichen Rand einer bestehenden (Micon 2018) konzeptionellen Grube[siehe Pressemitteilung vom 11. Juni 2018]; DO-18-241: 12m @ 1,78 g/t Au zur Bestätigung der östlichen Kontinuität und Erweiterung der Goldmineralisierung von DO-18-218[siehe Pressemitteilung vom 26. Juli 2018].

Zusammenfassung: Die Bohrungen im NW Gap Gebiet waren sehr erfolgreich, mit der Entdeckung mehrerer neuer Mineralisierungszonen (die Nika Zonen). Es gibt große Syenitkörper in diesem Gebiet, die zusammen mit der ersten Interpretation von Spurenelementmustern darauf hinweisen, dass dieses Gebiet eines von mehreren intrusiv-hydrothermalen Zentren, die Teil der Douay-Ressource sind, darstellen kann. Wie auch in der Porphyr-Zone sind höherwertige Intervalle von breiten, minderwertigen Halos umgeben. Zusätzliche Bohrungen sind erforderlich, um diese neuen mineralisierten Zonen entlang des Streichens und des Auf- und Abtauchens weiter zu definieren.

Maple Gold’s VP, Exploration, Fred Speidel, sagte: "Fast drei Viertel des Bohrprogramms im Winter 2018 konzentrierten sich auf den Ausbau des Kernbereichs des Projekts, und wir sind mit den Erfolgen dort zufrieden. Wir konnten nicht nur wichtige mineralisierte Gebiete innerhalb des bekannten Lagerstättengebiets erweitern, sondern auch neue Goldzonen (Nika) entdecken und haben insgesamt solide Fortschritte im etablierten Rohstoffgebiet erzielt. In den kommenden Wochen und Monaten wird unser technisches Team unsere Modelle auf dem Weg zur nächsten Ressourcenschätzung bei Douay aktualisieren."

Greenfield-Bohrungen: Flache RC-Bohrungen (1.471,3 Meter), NE-Syenit (2.869 Meter) und NW-Greenfield (1.991 Meter)

Die flachen RC-Bohrungen im Jahr 2018 brachten drei (3) neue geologische Ziele im westlichsten Teil des Douay-Projekts hervor. Die neuen Ziele liegen ca. 35 km westlich des Ressourcengebiets und sind innerhalb eines Blocks von ca. 38 km.  der von der Gesellschaft Ende 2017 abgesteckt wurde. Diese flache Explorationsbohrung stellt die erste Arbeitsphase des Unternehmens in diesem Bereich dar und wurde entwickelt, um erste Grundgesteins- und Abraumdaten zu liefern, die eine Vektorisierung zu Zielen für weitere Explorationsarbeiten und potenzielle Kernbohrungen in späteren Kampagnen ermöglichen.

Eine erste Überprüfung der Ergebnisse der Kernbohrungen, die sowohl für die NW-Greenfield- als auch für die NE-Syenitgebiete erhalten wurden, ergab ermutigende Anomalien in mehreren Pfadfinderelementen, die mit Gold im Ressourcengebiet in Verbindung gebracht werden können; diese geochemischen Anomalien verdienen weitere Oberflächenarbeiten mit dem Ziel, künftige Bohrziele in diesen Gebieten zu vektorisieren und zu verfeinern.

Das Unternehmen schloss 1471,3 Meter RC-Bohrungen in 57 flachen Löchern in zwei Bereichen ab: im westlichen Bereich und im südlichen Zentralbereich (siehe Abb. 1, Einsatz). Im günstigeren westlichen Bereich wurden drei separate Gold-in-till-Anomalien mit 25, 35 und 21 Goldkörnern in Kassenproben gewonnen; eine subtilere vierte Anomalie mit 16 Goldkörnern tritt ebenfalls neben den besten der ersten drei auf, wodurch dieses Ziel verstärkt und bestätigt wird. Hintergrund für diesen Bereich sind ca. 0 bis 5 Goldkörner pro Kassenprobe. Die Gesteinsgeochemie für diese und benachbarte Bohrlöcher zeigt mehrere verschiedene Alterationsstile, von denen einige der Alteration im Ressourcenbereich ähnlich sind und andere eher auf einen vulkanogenen Massivsulfid (VMS)-Stil der Mineralisierung hinweisen, wie die nahe gelegenen Lagerstätten Joutel und Estrades. Die durchschnittliche Abraumdicke in diesem westlichen Bereich betrug 27,9 Meter. Weitere Folgearbeiten sind für diesen Bereich geplant und sollen eine IP-Untersuchung umfassen, um potenzielle neue Bohrziele zu ermitteln.

Maple Gold’s VP, Exploration, Fred Speidel, kommentierte: "Die Ergebnisse der ersten Kernbohrungen in Gebieten mit höherem Risiko (aber auch potenziell höherem Ertrag) auf dem Greenfield sind ausreichend ermutigend, um weitere Explorationen zu rechtfertigen, mit positiven geologischen und geochemischen Indikationen in allen drei untersuchten Gebieten".

Speidel fügte hinzu: "Flache RC-Bohrungen sind ein kostengünstiges Explorationswerkzeug für neue Zielgenerationen in Gebieten mit Gletscherbedeckung, mit dem wir wichtige Informationen über die Geologie und Geochemie des Untergrundes und der Gletscherablagerungen gewinnen können. Es gibt ermutigende Anzeichen sowohl für Gold als auch für NE-Metalle im westlichen Bereich, wo die Abraumdicke geringer war als erwartet. Wir werden auf den Daten aufbauen, die wir von dieser Arbeit erhalten haben, um neue Ziele auf dem Greenfield für zukünftige Bohrkampagnen zu erschließen."

Qualifizierte Person

Die in dieser Pressemitteilung enthaltenen wissenschaftlichen und technischen Daten wurden unter der Aufsicht von Fred Speidel, M. Sc, P. Geo. von Maple Gold, Vice President Exploration, geprüft und aufbereitet. Herr Speidel ist eine qualifizierte Person gemäß National Instrument 43-101 Standards of Disclosure for Mineral Projects. Herr Speidel hat die Daten zu den in dieser Pressemitteilung veröffentlichten Explorationsinformationen durch seine direkte Teilnahme an den Arbeiten überprüft.

Qualitätssicherung (QS) und Qualitätskontrolle (QS)

Maple Gold führt bei Douay strenge Qualitätssicherungs- ("QA") und Qualitätskontrollprotokolle ("QC") ein, die die Planung und Platzierung von Bohrlöchern im Feld, das Bohren und Abrufen des Bohrkerns in NQ-Größe, die Bohrlochvermessung, den Kerntransport zum Douay Camp, die Kernprotokollierung durch qualifiziertes Personal, die Probenahme und das Absacken des Kerns für die Analyse, den Transport des Kerns vom Standort zum Analyselabor, die Probenvorbereitung für die Analyse sowie die Analyse, Aufzeichnung und abschließende statistische Überprüfung der Ergebnisse umfassen. Für eine vollständige Beschreibung der Protokolle besuchen Sie bitte die QA/QC-Seite des Unternehmens auf der Website: http://maplegoldmines.com/index.php/en/projects/qa-qc-qp-statement

Über Maple Gold

Maple Gold ist ein fortschrittliches Goldexplorationsunternehmen, das sich auf die Definition eines Goldprojekts in einem der weltweit führenden Bergbaugebiete konzentriert. Das 377 km² große Douay-Goldprojekt des Unternehmens befindet sich entlang der Casa Berardi Deformationszone innerhalb des produktiven Abitibi Greenstone Belt im Norden von Quebec, Kanada. Das Projekt verfügt über eine etablierte Goldressource[2]  die in mehrere Richtungen offen bleibt, mit einer ausgezeichneten Infrastruktur und mehreren groß angelegten Minen in diesem produktiven Bergbaugebiet. Maple Gold hat jetzt eine bedeutende Winterbohrkampagne abgeschlossen, um die bekannten Ressourcengebiete zu erweitern und neue Entdeckungsziele innerhalb des 55 km langen Streichs des Unternehmens entlang der Casa Berardi Deformationszone zu testen. Für weitere Informationen besuchen Sie bitte www.maplegoldmines.com.

IM AUFTRAG VON MAPLE GOLD MINES LTD.

"Matthew Hornor"

  1. Matthew Hornor, Präsident & CEO

Für weitere Informationen kontaktieren Sie uns bitte:

Herr Joness Lang

VP, Unternehmensentwicklung
Phone: +1778.686.6836
E-Mail: jlang@maplegoldmines.com  

In Europa

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch

WEDER DIE TSX VENTURE EXCHANGE NOCH DEREN REGULIERUNGSDIENSTLEISTER (WIE IN DEN RICHTLINIEN DER TSX VENTURE EXCHANGE DEFINIERT) ÜBERNEHMEN DIE VERANTWORTUNG FÜR DIE ANGEMESSENHEIT ODER RICHTIGKEIT DIESER PRESSEMITTEILUNG.

Zukunftsgerichtete Aussagen:

Diese Pressemitteilung enthält "zukunftsgerichtete Informationen" und "zukunftsgerichtete Aussagen" (zusammenfassend als "zukunftsgerichtete Aussagen" bezeichnet) im Sinne der geltenden kanadischen Wertpapiergesetzgebung in Kanada, einschließlich Aussagen über das voraussichtliche Mineralpotenzial der Porphyr-Zone, das Potenzial für eine signifikante Mineralisierung durch andere Bohrungen im referenzierten Bohrprogramm und den Abschluss des Bohrprogramms. Zukunftsgerichtete Aussagen beruhen auf Annahmen, Unsicherheiten und der bestmöglichen Einschätzung des Managements über zukünftige Ereignisse. Die tatsächlichen Ereignisse oder Ergebnisse können wesentlich von den Erwartungen und Prognosen des Unternehmens abweichen. Investoren werden darauf hingewiesen, dass zukunftsgerichtete Aussagen mit Risiken und Unsicherheiten verbunden sind. Dementsprechend sollten sich die Leser nicht zu sehr auf zukunftsgerichtete Aussagen verlassen. Zukunftsgerichtete Aussagen beinhalten unter anderem Aussagen über den Zeitpunkt und den Abschluss der Privatplatzierung. Wenn hierin Wörter wie "antizipieren", "werden", "beabsichtigen" und ähnliche Ausdrücke verwendet werden, sollen sie zukunftsgerichtete Aussagen kennzeichnen.

Zukunftsgerichtete Aussagen beruhen auf bestimmten Einschätzungen, Erwartungen, Analysen und Meinungen, die das Management zum Zeitpunkt ihrer Veröffentlichung für angemessen hielt, oder in bestimmten Fällen auf Expertenmeinungen Dritter. Solche zukunftsgerichteten Aussagen beinhalten bekannte und unbekannte Risiken, Unsicherheiten und andere Faktoren, die dazu führen können, dass sich unsere tatsächlichen Ereignisse, Ergebnisse, Leistungen oder Errungenschaften wesentlich von den in diesen zukunftsgerichteten Aussagen ausdrücklich oder implizit enthaltenen Ereignissen, Ergebnissen, Leistungen oder Errungenschaften unterscheiden. Für eine detailliertere Darstellung dieser Risiken und anderer Faktoren, die dazu führen können, dass die tatsächlichen Ergebnisse wesentlich von denjenigen abweichen, die in solchen zukunftsgerichteten Aussagen ausdrücklich oder implizit zum Ausdruck kommen, verweisen wir auf die Unterlagen von Maple Gold Mines Ltd. bei den kanadischen Wertpapieraufsichtsbehörden unter www.sedar.com oder auf die Website des Unternehmens unter www.maplegoldmines.com. Das Unternehmen beabsichtigt nicht und lehnt ausdrücklich jegliche Absicht oder Verpflichtung ab, zukunftsgerichtete Aussagen zu aktualisieren oder zu revidieren, sei es aufgrund neuer Informationen, zukünftiger Ereignisse oder aus anderen Gründen, es sei denn, dies ist gesetzlich vorgeschrieben.

[1] (Micon 2018) 479.000 Unzen bei 1,59 g/t Au (angezeigte Kategorie) und 2.759.000 Unzen bei 1,02 g/t Au (abgeleitete Kategorie) unter Verwendung eines Cut-off-Gehalts von 0,45 g/t Au. Bitte besuchen Sie www.maplegoldmines.com oder die SEDAR-Einreichungen des Unternehmens für eine Kopie des Micon 2018-Berichts.

[2] (Micon 2018) 479.000 Unzen bei 1,59 g/t Au (angezeigte Kategorie) und 2.759.000 Unzen bei 1,02 g/t Au (abgeleitete Kategorie) unter Verwendung eines Cut-off-Gehalts von 0,45 g/t Au. Bitte besuchen Sie www.maplegoldmines.com oder die SEDAR-Einreichungen des Unternehmens für eine Kopie des Micon 2018-Berichts.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

TerraX extends Ptarmigan Zone 400 meters northwest

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – http://www.commodity-tv.net/c/search_adv/?v=298245) is pleased to announce further assay results from the Company’s ongoing summer field program  on the Yellowknife City Gold project.

David Suda, President and CEO stated: “The summer program continues to yield results that confirm the potential of the Yellowknife City Gold Project as a district scale camp. Surface results, magnetic imaging, and geochemistry data will provide a roadmap to future drilling on our most prospective targets. The Northbelt remains our core area of focus but we are systematically sampling 10km away on the Eastbelt with encouraging results”

Continued channel sampling and prospecting assay results come from the area immediately northwest of the past producing Ptarmigan Mine on Eastbelt. Detailed mapping and prospecting extends the Ptarmigan zone 400 meters northwest of previously reported channel sampling with a 19.00 g/t Au grab sample along the Ptarmigan trend. Channel sample results were cut from outcrop southeast of previously reported channels (24.75 g/t Au over 5.50 m including 44.82 g/t Au over 3.00 m reported on July 12, 2018) following the Ptarmigan vein trend and sampling across the gold mineralized structures. Assay results for gold range up to 124 g/t Au in a 0.70 m channel sample from Channel ECH18-039.  Mineralized intervals for the sampled areas (ECH18-034, 038, 039 and  ECH18-041) are indicated on the maps available here and include:

  • ECH18-034 – 4.76 g/t Au over 2.00 m
  • ECH18-038 – 60 g/t Au over 2.10 m
  • ECH18-039 – 85 g/t Au over 1.80 m
  • ECH18-041 – 18.13 g/t Au over 3.10 m

Joseph Campbell, Executive Chairman of TerraX, stated: “The high grade channels from the Ptarmigan area continue to impress, and the extension of the zone through prospecting 400 meters to the northwest greatly expands the target area for developing potential mineral resources.”

An additional grab sample was collected from a gossanous quartz vein 2.7 kilometers due west of the Ptarnigan Mine, and assayed 5.17 g/t Au. Further work is warranted  in this area. More results from the Northbelt and Eastbelt properties are expected during the Company’s current summer program. 

Assays reported today total 313 samples with gold grades ranging from nil to 124 g/t Au, and including 138 channel samples. Channel samples are considered representative of the zones that have been sampled. It should be noted that, due to their selective nature, assay results from grab samples may not be indicative of the overall grade and extent of mineralization on the subject area.

Sampling included insertion of certified standards and blanks into the stream of samples for chemical analysis. Samples were prepared at ALS Chemex’s laboratory in Yellowknife and shipped to their Vancouver facility for gold analysis by fire assay and other elements by ICP analysis. ALS is a certified and accredited laboratory service. 

The technical information contained in this news release has been approved by Joseph Campbell, Executive Chairman of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 772 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district. 

For more information on the YCG project, please visit our web site at www.terraxminerals.com.

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Aurania Resources Ltd. stellt Update seiner nicht vermittelten Privatplatzierung bereit

Aurania Resources Ltd. (TSX-V: ARU) („Aurania“ oder das „Unternehmen“ – http://www.commodity-tv.net/c/search_adv/?v=298400) stellt gemäß den Anforderungen der TSX Venture Exchange ein Update hinsichtlich des Status der nicht vermittelten Finanzierung mittels einer Privatplatzierung von Einheiten des Unternehmens (jeweils eine „Einheit“) zu einem Preis von 2,00 Dollar pro Einheit (Bruttoeinnahmen von bis zu 4.000.000 Dollar) bereit, wobei das Unternehmen die Option hat, weitere 500.000 Einheiten anzubieten (das „Angebot“), wie bereits in der Pressemitteilung des Unternehmens vom 1. Juni 2018 gemeldet. Jede im Rahmen des Angebots angebotene Einheit besteht aus einer Stammaktie des Unternehmens (eine „Stammaktie“) und einem halben Warrant auf den Kauf einer weiteren Stammaktie. Jeder ganze Warrant kann innerhalb von 18 Monaten nach der Emission ausgeübt werden, um eine Stammaktie zu einem Preis von 3,00 Dollar zu erwerben.

Wie bereits am 29. Juni 2018 gemeldet, hat das Unternehmen die erste Tranche des Angebots durch die Platzierung von 2.000.000 Einheiten (Bruttoeinnahmen von 4.000.000 Dollar) abgeschlossen. Aufgrund des anhaltenden Interesses hat das Unternehmen eine Überzuteilungsoption ausgeübt, wodurch der maximale Umfang des Angebots auf insgesamt 2.500.000 Einheit erweitert wird. Das Unternehmen freut sich zu bestätigen, dass es davon ausgeht, die zweite Tranche des Angebots von bis zu 500.000 Einheiten in den kommenden Wochen abzuschließen.

Über Aurania

Aurania ist ein Junior-Explorationsunternehmen, das sich mit der Identifizierung, Bewertung, Akquisition und Exploration von Mineralkonzessionen mit einem besonderen Fokus auf Edelmetallen und Kupfer beschäftigt. Sein Vorzeigeprojekt, das Projekt Lost Cities – Cutucu, befindet sich im Jurassic Metallogenic Belt in den östlichen Ausläufern der Anden in Südost-Ecuador.

Informationen über Aurania und die technischen Berichte erhalten Sie unter www.aurania.com und www.sedar.com sowie auf Facebook unter https://www.facebook.com/auranialtd/, auf Twitter unter https://twitter.com/auranialtd und auf LinkedIn unter https://www.linkedin.com/company/aurania-resources-ltd-.

Zukunftsgerichtete Aussagen

Diese Pressemeldung enthält zukunftsgerichtete Informationen, die beträchtlichen bekannten und unbekannten Risiken und Unsicherheiten unterworfen sind. Ein Großteil dieser Risiken und Unsicherheiten befindet sich außerhalb des Einflussbereiches von Aurania. Die zukunftsgerichteten Informationen beinhalten Schätzungen und Aussagen, die die zukünftigen Pläne oder Ziele von Aurania beschreiben. Dazu zählen auch Beschreibungen, womit die Erwartungen von Aurania oder seiner Geschäftsleitung im Hinblick auf das Eintreten eines angegebenen Zustands oder Ergebnisses ausgedrückt werden. Zukunftsgerichtete Aussagen sind anhand von Begriffen wie „glaubt“, „prognostiziert“, „schätzt“, „erwartet“, „könnte“, „könne“, „würde“, „werde“ oder „Plan“ zu erkennen. Da zukunftsgerichteten Aussagen auf Annahmen basieren und sich auf zukünftige Ereignisse und Bedingungen beziehen, sind sie notwendigerweise mit inhärenten Risiken und Unsicherheiten verbunden. Obwohl diese Aussagen der aktuellen Informationslage entsprechen, kann Aurania nicht gewährleisten, dass die tatsächlichen Ergebnisse auch die Erwartungen der Geschäftsleitung erfüllen werden. Die Risiken, Unsicherheiten und sonstigen Faktoren in Verbindung mit zukunftsgerichteten Informationen können dazu führen, dass die tatsächlichen Ereignisse, Ergebnisse, Leistungen, Aussichten und Chancen wesentlich von jenen abweichen, die von solchen zukunftsgerichteten Informationen explizit oder implizit ausgedrückt werden. Die zukunftsgerichteten Informationen in dieser Pressemeldung beinhalten – jedoch ohne Einschränkung – Aussagen im Hinblick auf die Ziele oder zukünftigen Pläne des Unternehmens, Erklärungen, Explorationsergebnisse, die potenzielle Mineralisierung, das Portfolio des Unternehmens, den Kassenbestand, die Geschäftsleitung und das verbesserte Kapitalmarktprofil, die Schätzung der Mineralressourcen, die Pläne für die Exploration und die Minenerschließung, den Zeitpunkt des Betriebsbeginns und die Einschätzung der Marktlage. Faktoren, die eine deutliche Abweichung der tatsächlichen Ergebnisse von den Erwartungen der zukunftsgerichteten Informationen bewirken können, beinhalten unter anderem das Unvermögen, Mineralressourcen zu identifizieren; das Unvermögen, geschätzte Mineralressourcen in Reserven umzuwandeln, das Unvermögen, eine Machbarkeitsstudie zu erstellen, die eine Produktionsentscheidung empfiehlt; den vorläufigen Charakter der metallurgischen Testergebnisse; Verzögerungen bei der Einholung der erforderlichen Regierungs-, behördlichen und Umweltgenehmigungen oder anderer Projektbewilligungen bzw. das Unvermögen, diese einzuholen; politische Risiken; das Unvermögen, der Pflicht zur Einbeziehung bestimmter indigener Völker nachzukommen; Unsicherheiten in Verbindung mit der Verfügbarkeit und den Kosten von Finanzierungen, die in Zukunft benötigt werden; Änderungen an den Kapitalmärkten; Inflation; deutliche Abweichungen der Investitions- und Betriebskosten von den Schätzungen; andere Risiken in Verbindung mit der Mineralexplorations- und Mineralerschließungsbranche und jene Risiken, die in den von Aurania auf SEDAR veröffentlichten Unterlagen dargelegt sind. Obwohl Aurania der Ansicht ist, dass die Annahmen und Faktoren, die bei der Erstellung der zukunftsgerichteten Informationen in dieser Pressemeldung herangezogen wurden, angemessen sind, sollte man sich nicht auf solche Informationen verlassen. Sie gelten nur zum Datum dieser Pressemeldung und es kann nicht zugesichert werden, dass solche Ereignisse im angegebenen Zeitrahmen oder überhaupt eintreten werden. Aurania betont ausdrücklich, dass es weder die Absicht noch die Verpflichtung hat, solche zukunftsgerichteten Informationen zu korrigieren bzw. zu aktualisieren, weder aufgrund neuer Informationen bzw. zukünftiger Ereignisse noch aus sonstigen Gründen, es sei denn, dies wird gesetzlich gefordert.

Diese Pressemeldung ist kein Verkaufsangebot bzw. kein Vermittlungsangebot zum Kauf oder Verkauf von Wertpapieren  in Rechtsstaaten, in denen ein solches Angebot bzw. Vermittlungsangebot oder ein solcher Verkauf ungesetzlich wäre. Dazu zählen auch die Wertpapiere in den Vereinigten Staaten von Amerika. Die Wertpapiere des Unternehmens wurden bzw. werden weder gemäß dem United States Securities Act von 1933 („Gesetz von 1933“) noch gemäß den Wertpapiergesetzen einzelner Bundesstaaten registriert und dürfen in den Vereinigten Staaten  bzw. an US-Bürger (laut Definition der Vorschrift S im Gesetz von 1933) nicht angeboten oder verkauft werden, sofern keine Registrierung nach dem Gesetz von 1933 bzw. den geltenden einzelstaatlichen Wertpapiergesetzen oder keine Ausnahmegenehmigung von einer solchen Registrierungsverpflichtung besteht.

Die Ausgangssprache (in der Regel Englisch), in der der Originaltext veröffentlicht wird, ist die offizielle, autorisierte und rechtsgültige Version. Diese Übersetzung wird zur besseren Verständigung mitgeliefert. Die deutschsprachige Fassung kann gekürzt oder zusammengefasst sein. Es wird keine Verantwortung oder Haftung für den Inhalt, die Richtigkeit, die Angemessenheit oder die Genauigkeit dieser Übersetzung übernommen. Aus Sicht des Übersetzers stellt die Meldung keine Kauf- oder Verkaufsempfehlung dar! Bitte beachten Sie die englische Originalmeldung auf www.sedar.com, www.sec.gov, www.asx.com.au/ oder auf der Firmenwebsite!

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

Maple Gold intersects several mineralized zones in east-central Resource Area: including 21m of 3.49 g/t Au and 27.5m of 1.25 g/t Au

Maple Gold Mines Ltd. (“Maple Gold” or the “Company”) (TSX-V: MGM, OTCQB: MGMLF; Frankfurt: M3G- https://www.youtube.com/watch?v=EQ5Ha9MCkWE&t=3s) is pleased to report additional drill results from the eastern half of the Porphyry Zone within the current Resource Area at the Douay Project. Within this area (see Figure 1) a total of sixteen (16) infill and step-out holes were drilled in 2018, with all assays now received.  The highlighted results below are from holes that were drilled in an area with lower drill density (see Figure 1), so the opportunity exists to define additional zones further north. The main intercepts in DO-18-247 and DO-18-254 show significantly higher grades than adjacent holes, indicating that grade may increase with depth in this area.

  • DO-18-247 cut several mineralized zones, including 0m of 3.49 g/t Au, including 6.0m of 9.32 g/t Au, both uncapped (see Figure 2A).
  • DO-18-254 cut 5m of 1.25 g/t Au, including 2.1m of 5.36 g/t Au (see Figure 2B)
  • DO-18-244 cut several mineralized zones, including 7m of 2.06 g/t Au and three others over 1 g/t Au (see Figure 2C)

In addition to the highlights mentioned above, several other drill-holes confirmed lateral and vertical continuity of mineralization (see Table 1: Highlighted Drill-Results from the Eastern Portion of the Porphyry Zone appended to this press release).

Maple Gold’s President and CEO, Matthew Hornor, stated: “We continue to intersect new zones of mineralization and given the widely spaced drilling in this eastern part of the Resource Area there is still good potential to make additional discoveries with further drilling.”

DO-18-247 (Figure 1 and 2A) confirmed the down-dip extension of the mineralized zones cut in historical hole DO-11-72 collared 260m to the north, with a significantly higher-grade intercept in the 2018 hole as compared to historical holes. Compared to the existing block model, DO-18-247 will improve block grades, and should allow the conceptual pit to extend to greater depth. Similarly, DO-18-254 confirmed the lateral continuity of the same interpreted mineralized zone, again with higher than expected grades. The up-dip extension of this zone will require additional drilling. The DO-18-254 intercept of 27.5m averaging 1.25 g/t Au intercept is part of a broader and lower grade envelope of 61.5m averaging 0.76 g/t Au.

Drill-hole DO-18-244 was collared 325m to the NE of DO-18-247, and was an infill hole that confirmed continuity of mineralization between older holes. In addition, the hole also cut 4 separate high-grade zones outside the northern limits of the current blocks that are interpreted to be new zones. The nearest drill-holes testing these structures occur 141m to the west. This eastern portion of the Porphyry Zone is a geologically more complex part of the deposit. Syenite is less abundant in this area as compared to the western part of the Porphyry Zone (see Figure 2: A, B & C).

Qualified Person

The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred Speidel, M. Sc, P. Geo., Vice-President Exploration, of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this news release through his direct participation in the work.

Quality Assurance (QA) and Quality Control (QC)

Maple Gold implements strict Quality Assurance (“QA”) and Quality Control (“QC”) protocols at Douay covering the planning and placing of drill holes in the field; drilling and retrieving the NQ-sized drill core; drill-hole surveying; core transport to the Douay Camp; core logging by qualified personnel; sampling and bagging of core for analysis; transport of core from site to the analytical laboratory; sample preparation for assaying; and analysis, recording and final statistical vetting of results. For a complete description of protocols, please visit the Company’s QA/QC page on the website at: http://maplegoldmines.com/index.php/en/projects/qa-qc-qp-statement

About Maple Gold

Maple Gold is an advanced gold exploration company focused on defining a district-scale gold project in one of the world’s premier mining jurisdictions. The Company’s 377 km² Douay Gold Project is located along the Casa Berardi Deformation Zone within the prolific Abitibi Greenstone Belt in northern Quebec, Canada. The Project has an established gold resource[1] that remains open in multiple directions, with excellent infrastructure and several large scale operating mines within this prolific mining district. Maple Gold has now completed a significant winter drill campaign to expand on the known Resource Areas and test new discovery targets within the Company’s 55 km of strike along the Casa Berardi Deformation Zone. For more information please visit www.maplegoldmines.com.

ON BEHALF OF MAPLE GOLD MINES LTD.

“Matthew Hornor”

  1. Matthew Hornor, President & CEO

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 PRESS RELEASE.

Forward Looking Statements:

This news release contains “forward-looking information" and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legislation in Canada, including statements about the prospective  mineral potential of the Porphyry Zone, the potential for significant mineralization from other drilling in the referenced drill program and the completion of the drill program. Forward-looking statements are based on assumptions, uncertainties and management’s best estimate of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding timing and completion of the private placement. When used herein, words such as “anticipate”, “will”, “intend” and similar expressions are intended to identify forward-looking statements.

Forward-looking statements are based on certain estimates, expectations, analysis and opinions that management believed reasonable at the time they were made or in certain cases, on third party expert opinions. Such forward-looking statements involve known and unknown risks, and uncertainties and other factors that may cause our actual events, results, performance or achievements to be materially different from any future events, results, performance, or achievements expressed or implied by such forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Maple Gold Mines Ltd.’s filings with Canadian securities regulators available on www.sedar.com or the Company’s website at www.maplegoldmines.com. The Company does not intend, and expressly 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 by law.

[1] (Micon 2018) 479,000 ounces at 1.59 g/t Au (Indicated category) and 2,759,000 ounces at 1.02 g/t Au (Inferred category), using a 0.45 g/t Au cut-off grade. Please visit www.maplegoldmines.com or the Company’s SEDAR filings for a copy of the Micon 2018 report.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

TerraX appoints David Suda as President and CEO

TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF – https://www.youtube.com/watch?v=kLSt_VpUzmw&t=1s&list=PLBpDlKjdv3yoX1N3x4RmnEyhecw5EVhv9&index=4 ) is pleased to announce that David Suda has been appointed as President and Chief Executive Officer of the Company, effective immediately.  Mr. Suda will work closely with Joseph Campbell, the Executive Chairman of TerraX, to help lead the company towards continued success in discovery while enhancing the Company’s profile within the investment community.

"David Suda’s appointment is an exciting milestone and comes at an integral time for TerraX”, says Joe Campbell, Executive Chairman. "David’s people-focused leadership style and capital markets experience will improve the company’s ability to finance and fully capitalize on TerraX’s exploration successes and exceptional opportunities.”

David Suda has over 11 years of capital markets experience. He graduated with honours from York University with a Bachelor’s Degree in Environmental Studies.  Most recently, Mr. Suda was Head of Trading and Managing Director at Beacon Securities.  He has established relationships with investors including institutional managers and public companies.   His extensive capital markets experience with a focus on public resource-based companies will provide TerraX access to a skill set which includes marketing, corporate strategy and investment banking.

David Suda, President and CEO stated “It is an exciting and unique opportunity to work with a gold exploration company with so much upside and access to infrastructure in a favorable mining jurisdiction such as Terrax. The work of the team led by Joe Campbell and the commanding land position that has been assembled around two of the highest grade historic gold mines in Canada are the reasons I have decided to join the company.  I look forward to working with such a strong technical team to broaden the profile, heighten interest and provide increased value to shareholders.”

Joe Campbell further stated   “David brings new energy, vision, strategic thinking and discipline to TerraX as we move towards achieving our long term goal of establishing a major world class Canadian gold district. In addition, David’s background in Environmental Studies will ensure that we maintain and grow our strong relationship with the community in Yellowknife.  I am excited to mentor David in his new role, and to follow his lead on investment and corporate strategy.”

TerraX Minerals Inc. has agreed, subject to regulatory approval, to grant incentive stock options to Mr. Suda on 1,250,000 common shares at an exercise price of $0.41 per share for a period of three years from the date of grant.  These options will vest over an eighteen month period.

To accommodate Dave Suda’s appointment, Stuart Rogers has agreed to step down as President and to serve as Chief Financial Officer, replacing Mark Gelmon, who will be leaving the Company at the end of June.

About the Yellowknife City Gold Project

The Yellowknife City Gold ("YCG") project encompasses 772 sq km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill results that serve to indicate the project’s potential as a world-class gold district. 

For more information on the YCG project, please visit our web site at www.terraxminerals.com

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.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox

High-resolution Till-sampling Results in Refined Drill Targets for 2018 at Committee Bay

Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“Auryn” or the “Company” – https://www.youtube.com/watch?v=hKoS2L6g9RA&t=22s&index=3&list=PLBpDlKjdv3yoWEe8WGEU2dq8ikvb5EJ4l ) is pleased to announce that high-resolution till sampling has become an integral layer of data for six targets. These targets include the already disclosed Aiviq sampling, which was drilled in 2017.  

The gold assay results from the high-resolution (100 meter by 100 meter spacing) till surveys across nine regional targets (Figure 1) demonstrate greater precision for identifying the potential source areas of high-grade gold mineralization seen throughout the belt. The results of the surveys have delineated gold-in-till anomalies that are consistent with the size of potential deposit footprints and will form the basis of future drill campaigns at Committee Bay. 

A Message from Auryn’s Executive Chair:

Executive Chairman and Director Ivan Bebek stated, “These results significantly improve our level of understanding of the 300km long Committee Bay gold project and better positions us for potential discovery. The tighter-spaced till sampling has demonstrated just how close we were to the potential sources of gold during the 2017 drill campaign.”

Mr. Bebek further stated, “We are looking forward to confirming our theory in our 2018 drill program, which we are currently planning.”

The Use of High-Resolution Tills to Redefine Targets:

Originally, the high-resolution tills were collected during the 2017 summer exploration program to be analyzed using portable X-Ray fluorescence technology. After receiving the results from the Aiviq discovery drill hole (12.2 meters at 4.7g/t Au), Auryn sent the high-resolution tills to ALS laboratories for ICP to analyze for gold.  The gold results demonstrated that the high-grade discovery drill hole spatially overlapped with the gold results from the high-resolution tills. In addition, these results also redefined targets that had not been adequately drilled in 2017 (Figure 2).

Five of the nine regional targets have returned discrete new gold targets from the high-resolution tills.  These include the Koffy, Kalulik, Aarluk, Kanosak, and Castle Rock target areas (Figures 3 – 7). 

A Message from Auryn’s Chief Geologist:

Michael Henrichsen, COO and Chief Geologist stated, “Auryn’s technical team considers the high-resolution till data as a critical step in our exploration process to delineate source areas of gold mineralization under till cover.  Ultimately, we feel the drill results from the 2017 summer campaign did not explain the strength of a number of the till anomalies associated with high-grade gold in boulders. We feel the new high-resolution gold-in-till results will lead us to the bedrock sources of mineralization.”

Michael Henrichsen, P.Geo, COO of Auryn, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.

About Auryn

Auryn Resources is a technically driven junior mining exploration company focused on delivering shareholder value through project acquisition and development. The Company’s management team is highly experienced with an impressive track record of success and has assembled an extensive technical team as well as a premier gold exploration portfolio. Auryn is focused on scalable high-grade gold deposits in established mining jurisdictions, which include the Committee Bay and Gibson MacQuoid gold projects located in Nunavut, the Homestake Ridge gold project in British Columbia and a portfolio of gold projects in southern Peru, through Corisur Peru SAC.

Forward looking information and additional cautionary language

This release includes certain statements that may be deemed “forward-looking statements”. Forward-looking information is information that includes implied future performance and/or forecast information including information relating to, or associated with the acquisition and title to mineral concessions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers should refer to the risks discussed in the Company’s Annual Information Form and MD&A for the year ended December 31, 2016 and subsequent continuous disclosure filings with the Canadian Securities Administrators available at www.sedar.com and the Company’s registration statement on Form 40-F filed with the United States Securities and Exchange Commission and available at www.sec.gov.

2017 pXRF tills Au assay – Samples (250g) of unweathered till were collected from 20-30cm depth in frost boils at 100m sample spacing. Pebbles (>1cm) were removed in the field. Samples were not collected in areas of glaciofluvial or fluvial reworking. Collected samples were sent to ALS Laboratories in Vancouver BC for preparation and analysis. All samples are screened using 600µm screen and analyzed using 50g nominal weight trace level Au by aqua regia extraction and ICP-MS finish method (Au-TL44) on a -600µm fraction. QA/QC programs using internal standard samples, field and lab duplicates, re-assays, and blanks indicate good overall accuracy and precision.

Disclaimer

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Originalmeldung direkt auf PresseBox lesen
Mehr von Firma PresseBox