Michael clark’s Post

TRU Precious Metals Corp. (TSXV: TRU) (TSXV:TRU, OTCQB:TRUIF, FSE:706) (“TRU” or the “Company”) is pleased to provide an update on its flagship Golden Rose Project (“Golden Rose”). In August 2024, the Company completed the granting of an exclusive option (the “Option”) to Eldorado Gold Corporation (“Eldorado”) to earn an 80% ownership interest in Golden Rose, strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland (see news releases dated July 30, 2024 and August 22, 2024). The financial backing of Eldorado, via the Option, is affording TRU the ability to undertake a detailed review of the potential of Golden Rose. The claims that comprise Golden Rose were consolidated over several years, and TRU is now conducting a project wide exercise to understand and update the discovery potential for gold and other minerals across the 300 sq. km project area. The review will methodically apply geoscience and exploration practices across the entire property package. TRU CEO Steve Nicol commented: “TRU is shifting to a “big picture” perspective of Golden Rose viewing the complete consolidated land parcels and claims as one entity to facilitate the development of an updated model of mineralization potential for the entire property, aimed at optimising the discovery process. TRU is focused on efficiently discovering the full gold and copper potential that may exist at Golden Rose.” https://lnkd.in/gzEZPv7z #TRUPreciousMetals #GoldenRoseProject #CapeRayValentineShearZone #GoldExploration #CopperExploration #MiningDiscovery #EldoradoGold #NewfoundlandMining #MineralExploration #MiningNews #ExplorationUpdate #MiningIndustry #SteveNicol #ResourceExpansion

LAURION Continues to Confirm Sturgeon River Mine Mineralization with Grade Intercepts as High as 2.667 g/t Au over 7.00 Metres Including 5.725 g/t Au over 2.35 Metres at the Ishkõday Project - TSX.V - LME OTC - LMEFF Another significant milestone achieved by LAURION underscores the corporation's commitment to advancing its exploration endeavors, with the primary goal of enhancing the understanding and expanding the considerable gold potential within the stratigraphic formations encompassing the seven identified quartz veins and mineralized structures at the Sturgeon River Mine within the Ishkõday Project. Click on the link below to view the press release - https://lnkd.in/gJwc6Yiu LAURION is a mid-stage junior exploration and development company, focused on maximizing shareholder value through the exploration, development and disposition of its wholly owned 57km2 flagship ‘brownfield’ Ishkõday Gold and Polymetallic Project located 220km North-East of Thunder Bay, Ontario Canada. Cautionary Note: https://lnkd.in/gYRd24X   #privateequity, #miningnews, #drilling, #investing, #goldmining, #mining, #familyoffices, #news, #production, #markets, #team, #ESGinvesting, #ESG, #EV, #Gold, #Silver, #Copper, #Zinc, #stage, #environmental, #development, #Canada, #project, #geology, #prospecting

 Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) reports additional assay results from underground sampling at its flagship Lucero property, Peru, including samples up to 98 g/t gold and 2,034 g/t silver  (sample 2508). Key Highlights: Significant Mineral Endowment : A total of 455 samples underground channel samples have been collected from this latest phase, representing nearly 600 kg (620kg) of mineralization and 650 kg of wall rock, underwent comprehensive analysis by our partners at Ore Discovery and unveiled significant exploration potential. Notably, results in 115 samples returned substantial values in gold (Au) (ranging from 1.0 g/t to 98.1 g/t), silver (Ag) (ranging from 0.7 g/t to 3,026 g/t), lead (Pb) (as high as 2.0%) and zinc (Zn) (up to 3.5%), highlighting the robust potential of Lucero’s mineral endowment. “As we delve deeper into both contemporary and historical data, we witness the unfolding story of Lucero’s vast potential,” said James C Tworek, CEO and Director of Element79. “Harnessing the comprehensive dataset will allow Element79 to set new standards in its exploration methodology.” Read More https://lnkd.in/d6vRmbuq #Gold #Silver #Mining #AssayResults #Element79 #LuceroProperty #PeruMining #UndergroundSampling #MineralExploration #GoldMining #SilverMining #PreciousMetals #MiningNews #ExplorationPotential #MineralEndowment #HighGradeGold #HighGradeSilver #MiningIndustry #Geology #NaturalResources

EMERITA DISCOVERS NEW GOLD-SILVER RICH GOSSANS AT ITS NUEVO TINTILLO PROJECT   TORONTO, ON, August 20, 2024 - Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) has discovered mineralized gossans on its wholly-owned Nuevo Tintillo project (“Nuevo Tintillo” or the “Project”) during its ongoing mapping / prospecting surveys, part of the ongoing surface exploration program at the extensive Nuevo Tintillo property. High grade gold assay results have been received from sampling gossan mineralization interpreted by Emerita to represent underlying massive to semi-massive sulphide mineralization.   The new mineralized zone is located approximately 1.5 km to the northwest of the historic Santa Flora copper mine (Figure 1). This trend comprises two areas of outcropping gossan and siliceous breccias over approximately 400 meters strike length (Figure 1). This new prospect is situated only approximately 5 km east of the famous Rio Tinto Mine property.   According to Joaquin Merino, P.Geo., President of Emerita, “We see a very similar relationship at the Iberian Belt West Project, specifically the gold rich gossan that overlies La Romanera deposit and two parallel mineralized horizons. Work continues to further develop this exciting new prospect and prepare it for future drill testing. Nuevo Tintillo is a large and highly prospective land package situated between some of the best deposits in the Iberian Pyrite Belt.”   For a Full Profile View and Press Release visit:  https://lnkd.in/gyXu46_k #mining #zinc #spain #tsx #emo #miningstocks #zincstocks #investing #stockstowatch #smallcapstocks #stockmarketinvesting #mining #stockstobuy #investments #investors #STOCKS #equities #batterymetals #investors #shares #exploration #miningstocks #juniormining $emo

Coverage stock Trigg Minerals Limited (ASX: TMG) has advised of the wider evaluation of the antimony potential of its Drummond Basin projects in northern Queensland. Trigg's projects lie between several multi-million-ounce intrusion-related and orogenic gold deposits, totalling than 20 Moz in the region. These include Ravenswood (7Moz Au), Mt Leyshon (3.5Moz Au), Mt Wright (1.5Moz Au) and Charters Towers (6.8Moz Au). Economic grades of antimony (up to 2.3% Sb) have been discovered in the epithermal gold and polymetallic mineralisation at Police Creek, near Mt Coolan in the Drummond Basin. Additionally, a historical epizonal antimony-gold mine, the Antimony Mine, was identified near the Mt Wright deposit within the Charters Towers Province. Trigg's data review has revealed significant potential for intrusive-related and orogenic gold systems in this historically rich mining area, where more than 70 intrusion-related gold systems are located. The geological setting at Trigg's Bosworth and West Ravenswood projects is considered highly favourable for hosting the large, high-grade gold deposit often associated with an IRGS, and antimony is commonly associated with this deposit type. #gold #antimony #commodities #resources #exploration #equities #ausbiz

Reintroducing the #CapeSpencer Gold Project – A Hidden Gem in New Brunswick 💎   District scale project located along the Millican Lake Fault - a major regional gold bearing structure, the #CapeSpencer Gold Project is a standout in our portfolio, showcasing significant potential for gold exploration and development: 🔷 Prospective Trends: Four distinct gold zones controlled by shallow, southeast-dipping thrust faults, hosted along 15+ km of strike length along the Millican Lake Fault. 🔷 Resource Highlights: NI43-101 Compliant Inferred Mineral Resource containing 1,720,000 tonnes at an average grade of 2.72 g/t Au for 151,000 contained ounces in two zones: 🔸 Pit Zone: 54,000 ounces inferred (990,000 T @ 1.71 g/t Au). 🔸 Northeast Zone: 96,000 ounces inferred (740,000 T @ 4.07 g/t Au). 🔷 Geological Advantage: Hosted within similar geologic environment of the Avalon Zone that host multi-million ounce gold deposits such as Clarence Stream, Valentine, Haile, Ridgeway, and Hopebrook. Deformed and mineralized contacts between older granites and younger sediments. #CapeSpencer is a prime example of the value Magna Terra Minerals Inc. brings to exploration and discovery. We are excited about the potential this project holds for future growth and development. Stay tuned as we continue to unlock opportunities and create value. #MagnaTerraMinerals #GoldExploration #CapeSpencer #NewBrunswickGold

Lunnon Metals Ltd had a strong and exciting September quarter and recently published our Quarterly Activities and Cash Flow Reports. Highlights include: 🌟 Continued success at Lady Herial confirmed its potential as a source of high-grade, thick, near-surface #gold mineralisation 🥇 Gold exploration program to be extended to include multiple other prospects in the under-explored #Foster “nickel belt” 🚀 Successful application for WA Exploration Incentive Scheme (EIS) grant to test #DefianceWest target for #Beta/Hunt style gold system 💰 Strong #cash balance of $21.1 million at 30 September 2024 (30 June 2024: $22.0 million) Commenting on the September 2024 quarter, Managing Director, Edmund Ainscough, said: "It has been very pleasing to see Aaron Wehrle, our Exploration & Geology Manager, and his site team receive well-deserved recognition for their outstanding work and be rewarded by the exciting results at #LadyHerial in particular. This success serves as early and strong validation of Lunnon Metals’ decision to turn our attention to gold at the start of 2024. Aaron and I share a deep history in gold at St Ives, having worked for #WMC and GOLD FIELDS during what was, in hindsight, a transformative period. It was during this time that Gold Fields began unlocking the vast potential of what is clearly now one of Australia’s premier gold camps. They achieved this by leveraging the excellent geoscience knowledge and experience within the old WMC team, combining it with the power of the drill dollar in a significantly increased budget; and just look at what they’ve accomplished. Lunnon Metals, while operating on a much smaller scale, is navigating a similar journey. The success at #LadyHerial, coupled with the opportunity at #Hustler and the multiple other promising prospects that are emerging, reinforces our confidence that we can deliver the same success for gold as we did with the drill bit at #Baker for nickel.”  Read the full Activities Report here: https://lnkd.in/grDpuGCr Read the full Cash Flow Report here: https://lnkd.in/gP8YEemP

#ASXNews Option to Acquire Gold and Lithium Tenements in WA Torque Metals is pleased to announce the signing of option agreements to acquire 100% of an extensive and strategic package of tenements with #gold and #lithium potential, in Western Australia. The tenements are located in the Goldfields region near to Horse Rocks (ASX:LRD), Kangaroo Hills (ASX:FBM), the Spargoville region (ASX:KM1, MQR) and Mt Marion Lithium (ASX:MIN). The option agreements are consistent with Torque’s strategy to consolidate further highly prospective ground in the vicinity of its Penzance Exploration Camp which contains the New Dawn Lithium discovery and Paris Gold discoveries. ▪ The option provides potential to acquire 100% of licences fertile for gold and lithium mineralisation, with the potential to grow Torque’s project tenure to ~1200km², providing a dominant position in the region. ▪ Part of the tenement package is located west of Horse Rocks where Lord Resources Limited entered into a binding farm-in agreement with Mineral Resources Limited and has successfully identified multiple stacked pegmatite swarms, displaying extensive fractionation. ▪ These tenements are interpreted to share similar geological characteristics and structural setting to the Kangaroo Hills and Mt Marion Lithium projects, being dominantly on greenstone belts with an adjacent intrusion. ▪ Tenements in the Spargoville region are considered to have strong potential for gold and lithium mineralisation, sharing tenement boundaries with Kali Metals Limited and Marquee Resources Limited. #TOR’s Managing Director, Cristian Moreno comments: “Torque is pleased to announce the options, which pave the way for a significant expansion of its presence in the WA Goldfields through the acquisition of multiple titles with gold and lithium potential, which upon transfer to Torque will increase Torque's project aggregation to approximately 1200km², thereby establishing it as a major high-quality tenement holder in the region.” See the full announcement: https://loom.ly/MWJ3Pms #TorqueMetals #MiningNews #ASX

Investment opportunity. enquire within

More than 1.3 million ounces of gold has been historically mined from the Sandstone Goldfield in Western Australia’s east Murchison region and Alto Metals Ltd (ASX:AME), holder of more than 740 square kilometres of this terrain, is making positive moves to revitalise the golden heritage through its Sandstone #Gold Project (SGP). SGP, which is in the Archaean Sandstone Goldfield around 600 kilometres north of Perth, is an advanced exploration project comprising brownfield and greenfield prospects. Since acquiring the project in June 2016, Alto has delineated a mineral resource estimate (MRE) base of 17.6 million tonnes at 1.5 g/t gold for 832,000 ounces in the indicated and inferred categories within an unconstrained MRE of 23.5 million tonnes at 1.4 g/t for 1.05 million ounces. More at #Proactive #ProactiveInvestors #ASX #AME #MiningAustralia #GoldMining #GoldStocks http://ow.ly/MxXz105kvAw