Maximus Resources Limited has confirmed high-grade gold intersections at the Eagles Nest gold deposit following a recent Reverse Circulation (RC) drill program. The results indicate substantial resource potential, with multiple shallow high-grade zones intersected, including: ➡️ 8m at 3.12g/t Au from 45m and ➡️ 13m at 1.39g/t Au from 36m. These findings highlight lateral extensions beyond the existing resource model and confirm the potential for future resource growth. Managing Director, Tim Wither, stated that "these shallow results demonstrate broad, continuous mineralisation along strike, bolstering the company’s near-term gold production plans. A follow-up drill program is planned to further enhance resource confidence at Eagles Nest, following priority drilling at the 8500N Paleochannel." Maximus Resources remains focused on sustainable resource growth and gold production, leveraging its significant exploration efforts in the Kambalda region. The company is well-positioned to deliver long-term value to stakeholders, with assay results indicating open mineralisation both at depth and along strike. The follow-up drilling is expected to add confidence to the resource classification, paving the way for an updated Mineral Resource Estimate. Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #GoldExploration #Mining #MaximusResources #ASX #GoldInvesting #EaglesNest
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Aurion Resources Ltd. CEO, Matti Talikka, provides a brief summary of our recent drilling news from September 9, 2024. The news is from drilling on our 100%-owned Risti property, in an area called Kaaresselkä, which is located approximately 4kms south of our Aamurusko discovery and approximately 15km southeast along a structural domain boundary from the recent Vuoma discovery on our JV ground with B2Gold. All six holes drilled at the Vanha prospect and reported in the press release intersected zones of gold mineralization. According to the recent results, the Vanha mineralized system is interpreted to extend 100 m towards west and deeper in the western part of the Vanha trend. In addition, high-grade mineralization was intersected at shallow depths 100 m north of the Vanha Main trend. The highlight intercept was 29.10 g/t Au over 3.10 m, approximately 100 m north of our Vanha Prospect. Mineralization at Vanha has now been extended to over 600 m along strike and to at least 200 m depth, and is open in all directions. Watch Now - https://lnkd.in/gVaNRHNb Link to the press release is here: https://lnkd.in/gBA8XRwq #AurionResources #GoldExploration #RistiProperty #Kaaresselka #VanhaProspect #AamuruskoDiscovery #GoldMineralization #HighGradeGold #JuniorMining #TSXV #MiningInvestors #ExplorationUpdate #MineralizationExpansion #DrillingResults #ResourceGrowth #FinlandMining #GoldDiscovery #MiningNews #PreciousMetals #miningdiscovery
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Did you hear about the exciting exploration results at our Valentine Gold Mine Site in Newfoundland & Labrador, Canada? 👀 Running concurrent with mine construction, our exploration program is focused on discovering new gold mineralization beyond the known resources on the 250-square-kilometre property. A few of the most promising recent drilling results are: ⭐2.43 g/t Au over 172.8 metres Estimated True Width (“ETW”) including 3.84 g/t Au over 90.9 metres ETW in Hole FZ-24-048 ⭐2.12 g/t Au over 95.4 metres ETW in Hole FZ-24- 046 ⭐2.26 g/t Au over 78.3 metres ETW in Hole FZ-24- 040 Learn more about the potential for upside and future discoveries in our recent press release – link in the comments. #CalibreMining #CalibreMiningCorp #GoldMining #SustainableMining #MiningIndustry #Gold #Silver
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It’s shaping up to be an exciting year at our Valentine Gold Mine in Newfoundland, with property-wide exploration now underway. The program kicked off earlier this year, with an initial drill program southwest of the Leprechaun deposit, following recent discovery drilling that included 🌟46 g/t gold over 5.3 metres.🌟 🌎Located in the west-central region of Newfoundland & Labrador, Canada, the Valentine Gold Mine covers 250 square km and currently hosts five gold deposits, with Measured and Indicated Resources of 4.0 million ounces and Inferred Resources of 1.1 million ounces. 👉Plus, numerous other gold prospects and targets have been identified along the underexplored 32 km northeast-trending Valentine Lake Shear Zone, as well as below the existing open pit Mineral Resources. Read more in our latest press releases: calibremining.com/news #CalibreMining #GoldMining #ValentineGoldMine #GoldInvesting #Gold #Silver
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Maximus Resources Limited is pleased to announce encouraging final assay results from the second phase of drilling at the Wattle Dam Gold Mine. Located in Western Australia, this project is targeting the potential structural offset of the high-grade mineralisation on the western side of the Spargoville shear zone. Key Results: ➡️ Significant findings from hole WDNRC005 include 1m @ 4.57 g/t Au within a broader zone of 6m @ 0.34 g/t Au. ➡️ Hole WDNRC009 shows 1m @ 8.05 g/t Au, confirming the presence of coarse gold and strengthening the geological model. ➡️ A refined target area has emerged, and a third phase of drilling is planned for Q4 CY2024. These results build on previous findings, providing further confidence in the potential continuation of the high-grade Wattle Dam gold shoot. The discovery of coarse gold presents unique challenges, which Maximus has addressed through careful resampling and larger assay sizes, ensuring more accurate data. Maximus remains committed to advancing its exploration efforts while planning follow-up drilling programs and resource development at Wattle Dam. Tim Wither Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #GoldExploration #Mining #ASX #MaximusResources #WattleDam #Gold
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🇨🇦 ⛏️ Prismo Metals Inc. 📈 (CSE: PRIZ) Mobilizes for Palos Verdes Drilling This is the Company’s fourth drill campaign on Palos Verdes and is designed to test the vein up to one hundred meters below the high-grade mineralization cut by several previous holes. Assays reported from last year’s drilling include hole PV-23-25 with 102 g/t gold, 3,100 g/t silver and 0.26% zinc over 0.5 meters, or 11,520 g/t silver equivalent – the highest-grade intercept recorded at the project to date (see News Release of July 27, 2023). “We are eager to resume tracing the high-grade mineralization we’ve cut previously in the Palos Verdes vein by taking advantage of better hole geometry created by drilling from our Strategic Partner Vizsla Silver’s ground,” said Dr. Craig Gibson, Chief Exploration Officer of the Company. “Drilling farther from the vein outcrops will let us drill Palos Verdes well below the limited depths we could reach from our claims. We deeply appreciate Vizsla’s willingness to allow the drilling from their ground.” 📈 CSE: PRIZ - OTCQB: PMOMF 📈 #Copper #Gold #Silver #Mining #Exploration #Arizona #USA #Mexico #Goldmining #Coppermining #Preciousmetals #Miningstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #CSE #stocks #Resource #investing #VZLA For today's news follow the link below ⬇️ https://lnkd.in/gGqkFnKm
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We are pleased to share our Quarterly Activities and Cashflow Report for the period ending 30 September 2024. Results from our Phase 1 drilling program at Minyari Dome exceeded expectations, with new zones of high-grade gold mineralisation identified along the northern edge of GEO-01, as well as at the GP01 and Minyari Southeastern Extension targets. These discoveries not only expand our current resource base but also strengthen the growth potential for Minyari Dome as a cornerstone asset in our portfolio. Our recently completed Mineral Resource Estimate update was a major highlight, adding over 570,000 ounces of gold, including a maiden resource for GEO-01. Following this, we released an updated Scoping Study that reaffirmed the technical and financial strength of Minyari Dome, with a robust pre-tax NPV of up to A$1.7 billion. This study underscores our commitment to delivering shareholder value through a combined open-pit and underground mining operation, projecting 1.3 million ounces of total initial production over the next decade. Looking forward, we are well-positioned for further progress with the commencement of our Phase 2 drilling program, which focuses on resource growth, additional high-priority exploration targets, and preparation for metallurgical testing to support a future Pre-Feasibility Study. Additionally, the completion of our Citadel JV sale to Rio Tinto has strengthened our balance sheet, allowing us to advance Minyari Dome with even greater momentum. We invite our shareholders and stakeholders to review the full report for a detailed look at our achievements this quarter and our strategic path forward: https://bit.ly/3C9Akgb Roger Mason Mark Rodda #AntipaMinerals #AZY #GoldExploration #MinyariDome #Gold #PatersonProvince #ASX
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Aurion Resources Ltd. CEO, Matti Talikka, provides a brief summary of our recent drilling news from September 9, 2024. The news is from drilling on our 100%-owned Risti property, in an area called Kaaresselkä, which is located approximately 4kms south of our Aamurusko discovery and approximately 15km southeast along a structural domain boundary from the recent Vuoma discovery on our JV ground with B2Gold. All six holes drilled at the Vanha prospect and reported in the press release intersected zones of gold mineralization. According to the recent results, the Vanha mineralized system is interpreted to extend 100 m towards west and deeper in the western part of the Vanha trend. In addition, high-grade mineralization was intersected at shallow depths 100 m north of the Vanha Main trend. The highlight intercept was 29.10 g/t Au over 3.10 m, approximately 100 m north of our Vanha Prospect. Mineralization at Vanha has now been extended to over 600 m along strike and to at least 200 m depth, and is open in all directions. Watch Now - https://lnkd.in/gQChWv7Q Link to the press release is here: https://lnkd.in/g38phziZ #AurionResources #GoldExploration #RistiProperty #Kaaresselka #VanhaProspect #AamuruskoDiscovery #GoldMineralization #HighGradeGold #JuniorMining #TSXV #MiningInvestors #ExplorationUpdate #MineralizationExpansion #DrillingResults #ResourceGrowth #FinlandMining #GoldDiscovery #MiningNews #PreciousMetals #miningdiscovery
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Phoenix Copper Limited (AIM:PXC, OTCQX:PXCLF) has reported good gold indications from exploratory drilling on its huge acreage at Navarre Creek in Idaho. Four areas were targeted with intercepts at two said to be “of significance”. Lehman Creek, in particular, showed a continuous zone of low-grade gold mineralisation intercepted up to a width of 22.9 metres, Phoenix added the mineralised zone is open along strike and down-dip. Ryan McDermott, chief executive, said: "Navarre Creek is a vast exploration zone. “We initially selected four target areas, and it is very encouraging to note that two of those areas have returned mineralization of significance, worthy of further follow-up. The initial drilling results in Target Area 1 were considered significant enough that we expanded the Navarre Creek claim block to the southwest by an additional 400 acres, bringing the total claim block size to 3,977 acres (16.09 km²).... More at #Proactive #ProactiveInvestors http://ow.ly/P7rx105u6Zq
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Coverage stock PolarX Limited (ASX: PXX) has provided an important update with respect to its Alaska Range Project, where it has released additional drilling results from its Caribou Dome deposit, where high-grade copper mineralisation outcrops at surface and has been intersected down to 300 metres vertical depth, whilst remaining open at depth. The results from four holes include 8.7m at 4.3% copper and 10.5 g/t silver, 15.5m @ 7.4% copper and 21.4 g/t silver, 20.5m @ 1.7% copper + 2.5 g/t silver, and 11.6m @ 1.8% copper + 2.1 g/t silver. The significance of these results can be seen in the company’s revised Scoping Study that was released earlier this year. The Study advised that upside resource expansion can be achieved with further successful drilling at both Caribou Dome and the Zackly deposit. The existing drilling to that point included mineralised intercepts 150m below the currently calculated resource. The Scoping Study outlined that if further drilling can extend the resource to that depth, an extra 2Mt could be mined from underground, which in turn would yield a US$130M/A$200M increase in projected pre-tax NPV (+32%). We also note that Northern Star Resources (ASX: NST) remains a significant presence on the register, with a 16% stake. #copper #equities #ausbiz #commodities #resources #silver #mining #exploration
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Coverage stock PolarX Limited (ASX: PXX) has provided an important update with respect to its Alaska Range Project, where it has released additional drilling results from its Caribou Dome deposit, where high-grade copper mineralisation outcrops at surface and has been intersected down to 300 metres vertical depth, whilst remaining open at depth. The results from four holes include 8.7m at 4.3% copper and 10.5 g/t silver, 15.5m @ 7.4% copper and 21.4 g/t silver, 20.5m @ 1.7% copper + 2.5 g/t silver, and 11.6m @ 1.8% copper + 2.1 g/t silver. The significance of these results can be seen in the company’s revised Scoping Study that was released earlier this year. The Study advised that upside resource expansion can be achieved with further successful drilling at both Caribou Dome and the Zackly deposit. The existing drilling to that point included mineralised intercepts 150m below the currently calculated resource. The Scoping Study outlined that if further drilling can extend the resource to that depth, an extra 2Mt could be mined from underground, which in turn would yield a US$130M/A$200M increase in projected pre-tax NPV (+32%). We also note that Northern Star Resources (ASX: NST) remains a significant presence on the register, with a 16% stake. #equities #resources #commodities #exploration #mining #copper #silver #ausbiz
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