Explorer

Golden Arrow Resources Reports 5m @ 2.98g/t Au And 1m @ 5.52g/t Au From Trenching At Flecha De Oro Project In Argentina

After almost two months of exploration at the Esperanza property at the Flecha de Oro project in Argentina, results are starting to come in for Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE). The ongoing trenching program is currently in Phase I, and focused on a nine square kilometre area where numerous gold-bearing quartz veins have been identified at surface. There were several interesting and economic intercepts reported, which incentivizes management to continue searching for the heart of the mineralized system. 

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise. 

First Assay Results On Cabaçal VMS Copper-Gold Project Return 15.9m @ 4.0% CuEq And 48.6m @ 1.4% CuEq For Meridian Mining

As copper is closing on to all-time highs, trading at US$4.42/lb Cu at the time of writing (peaking in 2011 at US$4.6285/lb Cu), Meridian Mining (TSXV: MNO) came out with their first set of assays from their 100% optioned Cabaçal VMS Copper-Gold Project in Brazil, from their ongoing field program, encompassing 10,000m of diamond drilling. The mix of verification and infill holes, aimed at targets in the Southern- and Eastern Copper Zone (SCZ/ECZ), returned good results, with highlights of 15.9m @ 4.0% CuEq and 48.6m @ 1.4% CuEq for CD-004 and CD-003 respectively. This is the first stage of confirmation of the historical BP Minerals / Rio Tinto drill results.

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

Gold Terra Hits 12.35m @ 5.77g/t And 4.35m @ 10.85g/t Gold On Campbell Shear Target At Yellowknife City Gold Project

The much anticipated Phase 1 drilling program, testing the southern extension of the Campbell Shear of the Yellowknife City Gold Project (1.2Moz Au Inferred resource), is well underway now, and the results are pleasing management of Gold Terra(TSXV:YGT)(OTCQX:YGTFF)(FRA:TXO) as it confirms historical drilling results. As a quick reminder, the Campbell Shear produced approximately 5 of the 6 million ounces of gold produced at the former Con Mine (1938-2002), is the main reason Executive Gerald Panneton (of Detour Gold fame) joined the company, and is the priority target for management. To date, Gold Terra has completed 13 holes for a total of approximately 5,700 metres along the Campbell Shear to vertical depth of 400 metres below surface.

Golden Independence Mining Looking To Verify And Expand Historic Gold Resource In Nevada; Current Drill Program Delivered Strong Results, Maiden NI 43-101 Compliant Resource Expected In Few Weeks

1. Introduction

There are lots and lots of interesting gold projects to be found in Nevada these days, and most of them are in the hands of large entities like Nevada Gold Mines, Kinross, Coeur, Waterton etc. Once in a while, much smaller parties manage to dig up interesting projects, and one of those is optioned by tiny junior Golden Independence Mining (CSE: IGLD, OTCQB:GIDMF, FRA:6NN). This company managed to arrange an earn-in deal last year to own up to 75% of the Independence project in Nevada, which contains a historic 1.07Moz gold resource with the usual hallmarks of a typical Nevada deposit: near surface, heap leachable oxides and deeper, higher grade sulfides.

Meridian Mining Has Completed Corporate Turnaround, Received Key Permit And Started Drilling At Cabaçal VMS Copper-Gold Project

1. Introduction

It is not often that you see a Partner of a multi-billion-dollar resource fund part ways with his former colleagues and accept the challenge of turning around a headache dossier of that fund by himself. This is exactly what happened to Meridian Mining (TSXV: MNO) where then-Partner Gilbert Clark of Sentient Equity Partners came to the rescue. The result is effectively a brand-new company without debt, cashed up with a roster of new investors, and a “company maker” new asset: the Cabaçal copper-gold project in Brazil, which is an exciting copper-gold VMS belt scale project with huge potential.

Golden Arrow Resources Options Out Caballos Copper-Gold Project, Focuses More On Rosales Copper Project In Chile

As copper is riding at 9 year highs lately, Golden Arrow Resources (GRG.V, GARWF.US, G6A.FSE) acknowledged this fact and recently made an adjustment to their exploration strategy, which previously focused predominantly on their gold projects Tierra Dorada in Paraguay and Flecha de Oro in Argentina, and to a lesser extent on their Rosales Copper project in Chile. This switch makes sense, as copper is even closing in on all-time highs now (US$4.63/lb Cu), as can be seen on this chart by Macrotrends:

Avrupa Minerals Reports First Drilling Results At Sesmarias

  

After Avrupa Minerals (TSXV: AVU) commenced drilling last December at its Sesmarias target at the flagship copper-zinc Alvalade project in Portugal, which is operated together with JV partner MATSA (joined company of Trafigura and Mubadala, two commodity giants), the company completed two drill holes so far for 874m of drilling, part of the 7-8,000m program. Hole SES20-031 and Hole SES20-032 were designed to test the area between the massive sulfide intercepted in hole SES008 and the stockwork zone intercepted in hole SES028, also at depth:

Plan view map Sesmarias, gravity geophysical data

Alianza Minerals Hits Big At Haldane With 1.78m @ 818g/t Silver Intercept

Haldane Exploration Camp - December 2020

All pictures are company material, unless stated otherwise.

All currencies are in US Dollars, unless stated otherwise.

After drilling their flagship Haldane project in the Yukon 1.5 years ago, and coming up with decent but not spectacular results (October 2019: 2.35m @ 125 g/t Ag, 4.4% Pb from 154m depth, November 2019: 10.7m @ 125.6 g/t Ag including 1m @ 455 g/t Ag, and 1m @ 180 g/t Ag), Alianza Minerals (ANZ.V, TARSF.US) management was still eager to keep looking for the kind of silver mineralization that was responsible for over 214Moz Ag of historic production at the Keno Hill mining camp up to 1990, which was nothing short of spectacular at grades up to 89.2 oz(not gram!)/t for the larger mines:

Alianza Minerals Completes Haldane Drilling, Results Expected In January

Mount Haldane; Haldane project location

All pictures are company material, unless stated   otherwise.

All currencies are in US Dollars, unless stated otherwise.

During a year full of COVID-19 surprises and -distractions, Alianza Minerals (ANZ.V) was able to continue with their drill programs, funded by either partners like Hochschild or themselves. As the results at the Horsethief project disappointed (best result was 76m @ 0.185g/t Au), Hochschild elected to terminate the option agreement, so the project was returned to Alianza again. They didn’t chose to evaluate remaining targets, and this is something management aims to do anyway, in the first quarter of next year.   

Avrupa Minerals Commences Drilling At Flagship Alvalade Copper-Zinc Project; Results Expected Next Month

  

With a second wave of COVID-19 in full swing now across the globe, Avrupa Minerals (TSXV: AVU) has finally commenced drilling at its flagship copper-zinc Alvalade project in Portugal, which is operated together with JV partner MATSA (joined company of Trafigura and Mubadala, 2 commodity giants). Delays due to permitting of land and water caused a 5-week setback, but although such limited delays aren’t uncommon in mining, it is good to have things arranged and get into action. 

Avrupa and MATSA are focusing first on the Sesmarias massive sulfide discovery, and have planned to drill 7-8,000 meters over the coming months at Sesmarias and at other targets around the Alvalade license.

Pages

Subscribe to RSS - Explorer