News Release: Omai Gold Commences Diamond Drilling on Gilt Creek Deposit in Guyana Elaine Ellingham P.Geo. MBA MSc, President & CEO, commented, "We are very pleased with the baseline Preliminary Economic Assessment for Wenot, completed in April of this year. However, we see Omai as having potential to be a much larger operation. A mine plan incorporating the Gilt Creek underground deposit with an expanded Wenot open pit is the path to a longer life mine with higher annual production and enhanced economics. To this end, we remain on track with our ongoing drilling to expand the large 2.5km long Wenot deposit, and are excited to accelerate work on the Gilt Creek deposit in parallel. The deposits are only 500 metres apart and will benefit from common infrastructure. We are confident that our 2024 drilling at Wenot and work at Gilt Creek will unlock significant value for our shareholders in the near-term." https://lnkd.in/ge-A8Aqh #OmaiGold #MiningNews #PreciousMetals #Drilling #Gold #GoldMining #GoldExploration #MiningGuyana #MiningandMetals
Omai Gold Mines | TSXV: OMG | OTCQB: OMGGF’s Post
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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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Silvercorp Metals Inc. has detailed its strategy to develop the Condor Gold Project in southern Ecuador as a high-grade underground mine, based in Vancouver, British Columbia. The project encompasses deposits like Camp and Los Cuyes and seeks to uncover higher-grade mineralisation discovered in earlier drilling. https://lnkd.in/dgV6Py79 #CondorGoldProject #EcuadorMining #UndergroundMining #MiningNews #MiningStrategy
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🌟 GROWTH AND RESOURCE DRILLING UNDERWAY AT ISLAND GOLD PROJECT 🌟 🚀 Caprice Resources Limited (ASX:CRS) is thrilled to announce the commencement of its Reverse Circulation (RC) drilling program at the Island Gold Project (IGP) in the Murchison Goldfields! 🔍 Key Objectives: ➡️ Targeting extensions to high-grade gold mineralisation. ➡️ Testing structurally controlled, cross-cutting gold targets akin to Ramelius Resources’ Break of Day deposit. 🎯 With a maiden Mineral Resource Estimate (MRE) anticipated in H2 FY2025, this program is a major milestone in unlocking the potential of the IGP. 📍 Located just 12km from Ramelius’ Break of Day, which boasts an impressive 327koz at 10.4g/t gold, the IGP is perfectly positioned to deliver exciting results. 💪 We’re committed to advancing this project and driving shareholder value. Stay tuned for updates! Contact: Luke Cox Read the announcement here: https://lnkd.in/g_cSdpD5 #ASX #GoldExploration #CapriceResources #IslandGoldProject #MurchisonGoldfields #MiningNews
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🚨 #PressRelease: Yesterday we announced the latest drilling results from the #JaggerZone, which have extended mineralization by a further 150 m to the north with strong #gold intercepts, showcasing the zone's scale and continuity. Highlighted results: ✔️ 11.0 m at 3.78 g/t Au, incl. 2.0 m at 18.60 g/t Au ✔️ 12.0 m at 1.29 g/t Au ✔️ 14.0 m at 1.14 g/t Au, incl. 5.0 m at 2.10 g/t Au With over 6,100 m drilled, we are advancing efficiently across high-priority targets at our 100%-owned #KossouGoldProject. A second drill is mobilized, and we remain on track to complete the program by the end of January 2025. Read the full update here → https://lnkd.in/gcymivui TSXV: KRI #GoldExploration #KoboResources #CoteDIvoire #MiningUpdates #DrillingResults
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GR FINDS MORE VISIBLE GOLD! OFFICIAL REPORT: https://bit.ly/3XRJ3L5 Great Atlantic Resources is pleased to announce its wholly owned subsidiary, Golden Promise Mines Inc., has completed the fourth and fifth holes of the 2024 diamond drilling program at its Golden Promise Gold Property, located in central Newfoundland. Quartz veins with visible gold were intersected in both the fourth and fifth holes (GP-24-160 and GP-24-161). The fully funded drill program is being conducted in the west region of the gold-bearing Jaclyn Main Zone (JMZ) in the area of a planned bulk sample. Eleven holes (estimated 1,150 total meters) are now planned during 2024. #GreatAtlanticResources #GoldenPromise #GoldenPromiseMinesInc #NewfoundlandGoldBelt #Gold #MiningExploration #PreciousMetals #InvestInGold #BitcoinVSGold #CanadianMining #Newfoundland #Novamera #SurgicalMining #Novamera #DigitalSupercluster #TSXV $GR.V The hottest emerging GOLD BELT in North America — located in Newfoundland Canada 🍁 TSX.v: GR | FRA: PH02
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We’re pleased to share our latest Quarterly Activities Report, covering the period ending 30 September 2024. This quarter saw strong exploration progress at our key Chilean copper projects, Lana Corina and Fortuna. At our Lana Corina project, results from diamond drill hole CMLCD014 expanded the mineralised interval to 454m at 0.93% copper equivalent from 90m, including high-grade zones of molybdenum. The mineralisation zone now spans 600m by 400m, reaching depths up to 870m and remains open in all directions. Preparations are also underway for drilling at the Vista Montana Prospect. At our Fortuna project, assays from our El Quillay West Prospect yielded high-grade copper results of up to 1.83% Cu, while trenching at El Quillay South extended copper-gold mineralisation southward. Key results included 46m at 0.90% CuEq and 6m at 3.21% CuEq, further supporting the project’s potential. We raised $2.0 million via a two-tranche equity placement, reflecting strong investor confidence in our portfolio. With a cash balance of $1.22 million, we’re well-positioned to advance our projects. In addition, we appointed Mr. Geoff McNamara as Interim Executive Chairman, succeeding Mr. Max Tuesley. We encourage shareholders to review the full report for more insights into our progress and outlook for Q4 and beyond: https://bit.ly/48vf0Or #CulpeoMinerals #CPO #Copper #Exploration #Chile #Mining #Resources #ChileanCopper #ASX
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3 Things That Make Onyx Gold Unique 1) Exposure in Two of Canada's Premier Gold Jurisdictions: Onyx Gold boasts significant exposure in the Yukon Eastern Tombstone Gold Belt and the Timmins Gold Camp. These renowned locations are prime for exploration and offer immense potential for gold discoveries. 2) Attractive Valuation and Investment Opportunity: Onyx Gold presents an appealing investment opportunity with its attractive valuation. Investors can benefit from the company's upside through its strategic focus of unlocking Canada’s next major gold discovery. 3) Year-Round News Flow: With the ability to conduct drilling year-round across its two asset portfolios, Onyx Gold ensures a steady stream of news and updates. This continuous activity keeps investors informed and engaged, highlighting the company’s commitment to progress and development. Onyx Gold employs a methodical exploration approach, aiming to uncover significant gold mineralization, expand resources, and establish a strong presence in these highly prospective gold camps. The company is led by experienced management and technical teams with a proven track record of discovering and advancing mineral resources. Onyx Gold is also known for its responsible management of shareholder funds, ensuring trust and reliability. To learn more about Onyx Gold, visit our website: onyxgold.com #GoldExploration #InvestmentOpportunity #Gold #YukonGold #TimminsGold #Mining
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#ADV Ardiden Reports Strong Progress in Gold Exploration Ardiden Limited highlights strategic advancements and financial strength in its latest quarterly report, focusing on the promising Pickle Lake Gold Project. https://buff.ly/4caO2eR
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Northstar Gold Corp. (CSE:NSG) announced that it has closed the second tranche of its non-brokered private placement, raising an additional $169,300, bringing total proceeds from the offering to $988,050. The second tranche consisted of 3.22 million hard dollar units and 900,000 critical minerals eligible flow through units for a total of 4.12 million units. The funds will support the ongoing 1,500-meter drill program at the Cam Copper Mine VMS Extension that kicked off last month. The company is drilling to target copper-gold-silver mineralization along a 1,000-meter extension of the historic Cam Copper Mine. "Northstar is pleased with this continued... http://ow.ly/o3NY105Rk7X
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Discover the latest Drill Down insights featuring top gold assays from July 19-26. Snowline Gold's Rogue project in Canada delivered a standout result of 1.77 g/t gold at 449.70 meters starting from 6.80 meters depth. Alamos Gold's Island project in Ontario reported 64.67 g/t gold at 5.95 meters from a depth of 137.90 meters. Nevada King Gold's Atlanta project in Nevada yielded 5.14 g/t gold at 68.60 meters from a depth of 147.80 meters. These findings showcase the significant exploration progress and potential of these projects. Read the full insights to stay informed on recent developments in gold exploration: https://lnkd.in/gbu4fFi9 Snowline Gold Corp. (TSX-V:SGD)(OTCQB:SNWGF) Alamos Gold Inc. Nevada King Gold Corp. Freegold Ventures Limited Imperial Metals Corporation Founders Metals Inc. Aldebaran Resources Inc. (TSX V.ALDE) Southern Cross Gold Arizona Metals Far East Gold Ltd #GoldExploration #MiningIndustry #AssayResults #ExplorationInsights #MiningNews #GoldMining #MineralExploration
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