Posted by AGORACOM
at 1:37 PM on Friday, June 21st, 2019
US $ Gold price touched a 5-year peak at $1400 as the US Fed signalled a rate cut, pressuring U.S. Treasury yields and the dollar.
This is the highest gold has been since March 17, 2014 at $1,386.38
Continued Central Bank accumulation of physical gold represents fundamental floor for market as a weakening US dollar accelerates Central Bank demand. Purchases rose 130% in the 4th quarter, and 2018 purchases came in at 650 tons
Trade wars ( China ) and Geopolitical conflicts ( Iran )
Dearth of exploration discovery leads to future supply deficits
Technical factors support higher long term gold prices and renewal of bull market
Higher prices make marginal projects economic
Exploration becomes a renewed focus to supply future demand
Joint Venture with Tudor Gold and
a 20% FULLY CARRIED INTEREST until a production notice is given. The last hole
drilled intersected 563.8m of 0.98 g/t gold and remains open. The 2019 program
is designed to drill well over one billion tonnes of rock and produce a
multi-million-oz gold deposit incorporating an open pit design and with higher
gold grades and remarkably better logistics than Seabridge’s adjoining KSM. Click
here for the Treaty Creek JV Highlights
Advance Gold is focused on its
100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico. Drilling in
the first 3 phases identified a cluster of 30 mineralized epithermal veins over
an area from east to west of approximately 300 metres, and north to south 400
metres, and 300 metres of depth. Advance plans to focus deeper to find the
boiling zone of the system and potentially economic mineralization. AAX
recently created a 3D model of the vein Tabasquena system.
GGX gold has discovered high grade gold silver and tellurium in the Greenwood-Republic mining camp, British Columbia. The current 2019 drill program follows up on 2018 intercept of high grade gold-silver (129 g/t gold and 1,154 g/t silver over 7.28 meter) from the near surface COD vein which is projected to be 1.5 kms in length. In addition tellurium grades were announced with “up to 3,860 g/t telluriumâ€, including “823 g/t tellurium over 7.28-meter core length†and “640 g/t tellurium over 6.90-meter core length. 2019 drilling on COD North is currently underway.
Great Atlantic is situated between Marathon Gold and Sokoman in Canada’s
newest emerging gold district. The Company reported a NI 43-101mineral
resource estimate for the JMZ in late 2018 on Golden Promise and 2019 is
focussed on prospecting and geochemical sampling at high priority targets
within the property. Planned 24 hole program in the northern half of the
property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone
(JMZ) and Jaclyn North Zone (JNZ).
Lead by Shawn Ryan and Roger Moss, LAB has 2
district scale Greenfield Gold projects in Labrador that have never seen any
modern exploration techniques. Ashuanipi and Hopedale are being systematically
explored for gold potential following the same techniques that created the
White Gold discoveries. At Ashuanipi , a
15km long by 2 to 6 km wide north-south trend exists and a second 14 km long by
2 to 4 km wide east-west trend are the focus of 2019 exploration.
Posted by AGORACOM
at 5:37 PM on Saturday, April 27th, 2019
Fortis Metals,
the world’s leading producer of minor metals, recently forecast a
tellurium supply deficit that, “as of 2020 could be as big as a
staggering 370 metric tonnes.â€
Noting the rapidly-growing use of tellurium for thin-film solar panels, Fortis stated:
“At the moment, we are still seeing (tellurium) inventories in China but these are being eaten away by the two main suppliers of First Solar (the world’s largest thin-film solar manufacturer). It is only a matter of time before the market will understand the new dynamics and prices will start to reflect the growing deficit. We would not be surprised to see prices break the previous record seen in 2011.â€
GGX
has produced some of the highest grade drill intercepts in the world
over the 2018 drill season, which compliment High Grade Gold intercepts
of:
COD18-67: 129 g/t gold, 1,154 g/t silver and 823 g/t tellurium over 7.28-metre core length;
COD18-70: 107 g/t gold, 880 g/t silver and 640 g/t tellurium over 6.90-metre core length.
FULL DISCLOSURE: GGX Gold is an advertising client of AGORA Internet Relations Corp
Tags: #BC, #Drill, #GoldDrop, #silver, #tellerium, $GGX Posted in GGX Gold Corp. | Comments Off on Client Feature: GGX Discovers Tellerium at GoldDrop along with 2018’s Highest Grade Drill Intercepts in the World over the 2018 Drill Season $GGX.ca $APH.ca $TUE.ca $GOM.ca $TYE.ca $NNZ.ca $GTT.ca $AOT.ca $MTB.ca
Posted by AGORACOM
at 10:17 AM on Thursday, April 25th, 2019
VANCOUVER, BC / ACCESSWIRE / April 25, 2018 / GGX GOLD CORP. (TSX.V: GGX) (OTCQB: GGXXF)
(the “Company” or “GGX”) announces the appointment of George Sookochoff
as President of GGX Gold. George has over 35 years of experience in the
junior mining sector providing consulting services in the area of
project development, data analysis and management and digital marketing.
He holds a Commerce Degree (Marketing-Computer Sciences) from the
University of British Columbia.
He has served as a director for
several junior mining companies and as past President and CEO of
International PBX Ventures Ltd., a TSX venture company developing
several copper porphyry and gold skarn projects in Chile. George also
served as Executive Vice President of Golden Dawn Minerals where one of
his duties was data acquisition and analysis of exploration data in the
Greenwood mining camp.
George was born and raised in Grand Forks
and is quite familiar with the region and its rich mining history along
with the importance that mining has played for the families of Grand
Forks, Greenwood and area over the last one hundred years.
George
commented “Throughout my long career in the junior mining sector and
having worked on numerous exploration projects around the world it has
always been my strong belief that the Greenwood mining camp, with its
rich history in mining, still remains to be the one of the best
exploration areas in the world.
I am both excited and honored to
return to the Greenwood camp as President of GGX Gold Corp and to
further advance and develop the very significant high grade COD vein
system along with the numerous other vein systems on the Gold Drop
property.
I invite all GGX shareholders as well as all prospective
investors to join me in our exciting journey as we continue to develop
the full potential of the rich Gold Drop property.”
Barry Brown current President and CEO will remain as CEO and has been appointed Chairman of the Board.
The
Company also announces it has granted 500,000 options at an exercise
price of $0.10. The options are exercisable for five years and will be
cancelled 30 days after cessation of acting as director, officer,
employee or consultant of the Company.
On Behalf of the Board of Directors Barry Brown, CEO 604-488-3900 [email protected]
Posted by AGORACOM
at 1:44 PM on Wednesday, April 10th, 2019
Fortis Metals,
the world’s leading producer of minor metals, recently forecast a
tellurium supply deficit that, “as of 2020 could be as big as a
staggering 370 metric tonnes.â€
Noting the rapidly-growing use of tellurium for thin-film solar panels, Fortis stated:
           “At the moment, we are still seeing (tellurium) inventories in China but these are being eaten away by the two main suppliers of First Solar (the world’s largest thin-film solar manufacturer). It is only a matter of time before the market will understand the new dynamics and prices will start to reflect the growing deficit. We would not be surprised to see prices break the previous record seen in 2011.â€
GGX
has produced some of the highest grade drill intercepts in the world
over the 2018 drill season, which compliment High Grade Gold intercepts
of:
COD18-67: 129 g/t gold, 1,154 g/t silver and 823 g/t tellurium over 7.28-metre core length;
COD18-70: 107 g/t gold, 880 g/t silver and 640 g/t tellurium over 6.90-metre core length.
FULL DISCLOSURE: GGX Gold is an advertising client of AGORA Internet Relations Corp
Tags: #BC, #Drill, #GoldDrop, #silver, #tellerium, $GGX, gold Posted in GGX Gold Corp. | Comments Off on Client Feature: GGX Discovers Tellerium at GoldDrop along with 2018’s Highest Grade Drill Intercepts in the World over the 2018 Drill Season $GGX.ca $APH.ca $TUE.ca $GOM.ca $TYE.ca $NNZ.ca $GTT.ca $AOT.ca $MTB.ca
VANCOUVER, BC / ACCESSWIRE / March 18, 2019 / GGX Gold Corp. (TSX-V: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“)
is pleased to announce it has received tellurium analytical results for
select drill core samples from the Fall 2018 diamond drill program at
the Gold Drop Property, located in southern British Columbia. The Fall
2018 drill program was conducted at the C.O.D. Vein, located in the Gold
Drop Southwest Zone. The tellurium results are re-analyses of drill
core samples from drill holes COD18-67 and COD18-70 which initially
exceeded the upper 500 grams per tonne (g/t) analytical limit for
tellurium. The re-analyses confirm high-grade tellurium for these drill
holes, being associated with high-grade gold and silver (gold and silver
results reported in News Releases of January 11 and 18, 2019):
The
2018 Fall diamond drill program tested the COD vein. The program
followed up on results from previous 2018 diamond drilling at the
southern extension of the COD vein. The highlights of the 2018 Fall
drill program are drill hole COD18-67 which intersected 129.1 g/t gold
and 1,154 g/t silver over 7.28 meters core length and drill hole
COD18-70 which intersected 107.5 g/t gold and 880 g/t silver over 6.90
meters core length (News Releases of January 11and 18, 2019). Both holes
were drilled slightly northeast from the same site (COD18-67 at a
50-degree dip and COD-18-70 at a 54-degree dip) to intersect the
northwest trending COD Vein at a shallower angle, the objective to test
the continuity of the quartz veining and mineralization.
Fourteen
drill core samples from the high-grade gold and silver intersections of
drill holes COD18-67 and COD18-70 returned greater than the upper
analytical limit of 500 g/t for tellurium during initial analysis (four
acid ICP-MS analysis by ALS Canada Ltd. in North Vancouver). As a
result, the tellurium weighted average grades for these intersections
could not be determined from initial analyses. ALS Canada Ltd. recently
re-analyzed these 14 samples for tellurium by four acid ICP-AES. These
new analytical results confirm high grade tellurium within the
high-grade gold and silver intersections. For drill hole COD18-67, the
near-surface interval of 23.19-30.47m (7.28 meters core length) graded
823.4 g/t tellurium. For drill hole COD18-70, the near-surface interval
of 22.57-29.47m (6.90 meters core length) graded 640.5 g/t Tellurium.
The 14 drill samples are listed as follows (core length):
Hole No.
From (m)
To (m)
Length (m)
Te (G/T)
Sample No.
COD18-67
23.58
23.95
0.37
880
V108489
COD18-67
24.50
25.10
0.60
560
V108491
COD18-67
25.10
25.50
0.40
770
V108492
COD18-67
25.50
26.06
0.56
900
V108493
COD18-67
26.06
26.34
0.28
930
V108494
COD18-67
26.34
26.72
0.38
2,250
V108495
COD18-67
26.72
27.10
0.38
3,860
V108496
COD18-67
27.10
27.63
0.53
1,550
V108497
COD18-67
29.70
30.04
0.34
1,090
V108503
COD18-67
30.04
30.47
0.43
710
V108504
COD18-70
22.57
22.95
0.38
690
V108537
COD18-70
23.30
23.75
0.45
3,340
V108539
COD18-70
23.75
24.15
0.40
2,960
V108541
COD18-70
26.19
26.98
0.79
830
V108544
Intersections
for 2017 and 2018 diamond drill holes at the C.O.D. vein include the
following (please refer to the Company’s website for News Releases
announcing these results):
Hole ID
Interval Length (m)
Gold (gpt)
Silver (gpt)
Te (gpt)
COD17-14
16.03
4.59
38.64
COD18-3
2.1
14.62
150.2
102
COD18-26
1.4
10.3
1.09
0.24
COD18-32
1.51
3.67
67.2
30.4
COD18-33
2.98
8.65
47.6
37.3
COD18-34
3.41
6.16
72.4
31
COD18-37
3.95
8.23
67.36
38.53
COD18-45
2.05
50.15
375
COD18-46
1.47
54.9
379
COD18-49
1.47
9.52
118
72.2
COD18-54
1.66
7.6
60.2
34.1
COD18-61
1.38
5.29
32.4
31.4
COD18-63
1.17
28
424.7
150.4
COD18-67
7.28
129.1
1,154.90
823
COD18-68
2.76
8.77
85.4
56.3
COD18-69
7.46
5.76
67.9
61.2
COD18-70
6.9
107.5
880
640
Tellurium
remains as one of the rarest elements on earth. Tellurium production
has been a by-product of copper and gold mining. The production is
limited, estimated to being on the order of 800 metric tonnes per year.
According to the USGS total production for 2007 was 107 Mtonnes.
Up
to recently, the sole use of tellurium has been alloying of other
metals to increase the machinability of copper or to decrease the
corrosive action of sulfuric acid on lead.
The most significant
modern use of tellurium is the Cadmium-telluride (Cd-Te) photovoltaic
solar cells. These solar cells are the forefront of solar power. One
gigawatt (GW) of Cd-Te, at current efficiencies, would require
approximately 93 metric tons of tellurium. These cells have the smallest
carbon footprint and the shortest energy payback time of all solar
cells. The efficiency of technology is constantly improving and the
Cd-Te now takes up 5.1% of worldwide PV production.
PHOTOVOLTAICS REPORT, Freiburg, 27 August 2018
In
the C.O.D vein system the tellurium occurs as a soft silver-grey
telluride mineral. The telluride mineral is a Silver-Tellurium-Gold
alloy speculated to be sylvanite. Whenever this mineral is observed in
the drill core the interval has elevated silver, gold and tellurium
values.
David Martin, P.Geo., a Qualified Person as defined by NI
43-101 and consultant for GGX Gold Corp., is responsible for the
technical information contained in this News Release.
To view the Original News release with pictures please go to the website or contact the Company.
On Behalf of the Board of Directors, Barry Brown, Director 604-488-3900
Tags: #Assay, #BC, #Discovery, #GoldDrop, #silver, $GGX, gold Posted in GGX Gold Corp. | Comments Off on $GGX.ca GGX Gold Drill Core Samples Return up to 3,860 G/T Tellurium at the C.O.D. Vein Southern British Columbia $APH.ca $TUE.ca $GOM.ca $TYE.ca $NNZ.ca $GTT.ca $AOT.ca $MTB.ca
Posted by AGORACOM
at 9:18 AM on Thursday, February 7th, 2019
The 2018 Exploration program Returned Results Including:
The most significant gold drill intersections (core length) from the phase 3 diamond drilling on the COD vein are as follows:
COD18-3: 14.62 g/t Au over 2.1 metres;
COD18-26: 10.30 g/t Au over 1.4 metres recovered core (within 2.35-metre interval);
COD18-28: 11.30 g/t Au over 0.51 metre;
COD18-33: 8.65 g/t Au over 2.98 metres;
COD18-34: 6.16 g/t Au over 3.41 metres;
COD18-37: 8.23 g/t Au over 3.95 metres;
COD18-45: 50.10 g/t Au over 2.05 metres;
COD18-46: 54.90 g/t Au over 1.47 metres;
COD18-49: 9.52 g/t Au over 1.47 metres;
COD18-54: 7.60 g/t Au over 1.66 metres.
The 2018 drilling program also tested the continuation of the Everest vein, which is located southwest of the COD vein work site. Chip samples collected in 2017 across the approximate 0.4-metre-wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver, while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (news release of Aug. 21, 2017).
The Everest vein 2018 drill holes are located approximately 350 to 800 metres south of the area of 2017 and 2018 COD vein drill holes. High gold intersections (core length) from the phase 3 drill program at the Everest vein include (news release of July 19, 2018, and Sept. 13, 2018):
Posted by AGORACOM
at 5:30 PM on Friday, January 18th, 2019
107.5 g/t gold and 880 g/t silver over 6.90 meters core length
High-grade quartz vein intersection is near-surface, near high grade intersections of COD18-45, 46 and 67 indicating high grade ore shoot.
COD18-67: 129 g/t gold and 1,154 g/t silver over 7.28 meters
VANCOUVER, BC / ACCESSWIRE / January 18, 2019 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“)
is pleased to announce it has received drill core analytical results
for the final four drill holes (COD18-68 to COD18-71) of the November
2018 diamond drilling program at its Gold Drop Property near Greenwood,
southern British Columbia. Drill hole COD18-70 intersected near-surface
high-grade gold and silver with significant tellurium in the southwest
part of the COD quartz vein. This high-grade intersection is in
close-proximity to high-grade intersections in drill holes COD18-45, 46
and 67 indicating a high grade ore shoot. The mineralized COD vein
system has been traced by drilling and / or trenching for approximately
400 meters strike length and is open to the northeast, at depth and
possibly to the southwest. Highlights for COD18-70 include:
107.5
g/t gold and 880 g/t silver over 6.90 meters core length (multiple
samples greater than the upper 500 g/t analytical limit for tellurium).
High-grade
quartz vein intersection is near-surface (18 to 24 meters vertical
depth), near high grade intersections of COD18-45, 46 and 67 indicating
high grade ore shoot.
Part of
exploratory shallow drilling designed to define high-grade
mineralization and expand the understanding of controls on
mineralization.
The
November 2018 diamond drilling program (11 drill holes: COD18-61 to
COD18-71) tested the southwest region of the COD vein in an area of
high-grade gold and silver mineralization. The COD vein is located
within the Gold Drop Southwest Zone. Prior 2018 drill holes in this part
of the COD vein intersected near-surface high-grade gold and silver
mineralization. The COD vein strikes approximately northeast-southwest.
Intersections
exceeding 1 g/t gold for drill holes COD18-68 to COD18-71 are listed in
the table below. Since true widths cannot be accurately determined from
the information available the core lengths (meters) are reported.
Hole ID
From (m)
To (m)
Length (m)
Au (g/t)
Ag (g/t)
Te (g/t)
Description
COD18-68
19.49
22.25
2.76
8.77
85.4
56.3
Quartz vein and wall rock
COD18-68
incl. 20.86
22.35
1.39
14.47
131.8
87.9
Quartz vein and wall rock
COD18-69
19.75
20.42
0.67
1.24
9.59
6.55
quartz band
COD18-69
26.72
34.18
7.46
5.76
67.9
61.2
Quartz veins & wall rock; local quartz breccia
COD18-69
incl. 27.30
28.10
0.80
9.77
95
110
Quartz vein
COD18-69
incl. 31.20
31.60
0.40
70.9
569
278
Quartz vein with massive sulfide band
COD18-70
22.57
29.47
6.90
107.5
880
Quartz vein with tellurides
COD18-70
incl. 23.3
24.15
0.85
541
4532
>500
Quartz vein with tellurides
COD18-71
28.50
30.30
1.80
1.57
11.7
8.4
Alteration zone
Note: 1-meter core loss in COD18-70 between 22.57 – 29.47m.
All
November 2018 drill holes were collared within 25 meters of prior 2018
drill holes COD18-45 and COD-46, the objective to define the high-grade
mineralization in this part of the COD vein and to provide information
on the controls on mineralization. Drill holes COD18-45 and COD18-46,
drilled to the west at 45 and 50 degree-dips, intersected near-surface,
high grade gold and silver mineralization in the COD vein (News Releases
of August 15 and 22, 2018). Drill holes COD18-67and COD18-70, part of
the November 2018 program, intersected high grade gold and silver
mineralization in the same area. These holes were drilled slightly
northeast at dips of 50 degrees (COD18-67) and 54 degrees (COD18-70) to
intersect the COD vein at a shallower angle and test the continuity of
the quartz veining and high-grade mineralization. Highlights of these
four holes include (core length):
COD18-45: 50.1 g/t gold and 375 g/t silver over 2.05 meters (including 167.5 g/t gold, 1,370 g/t silver & >500 g/t tellurium over 0.46 meters).
COD18-46: 54.9 g/t gold and 379 g/t silver over 1.47 meters (including 223 g/t gold, 1,535 g/t silver & > 500 g/t tellurium over a 0.30 meters).
COD18-67: 129 g/t gold and 1,154 g/t silver over 7.28 meters (multiple samples exceeding upper 500 g/t analytical limit for tellurium).
COD18-70: 107.5 g/t gold and 880 g/t silver over 6.90 meters (multiple samples exceeding upper 500 g/t analytical limit for tellurium).
The
close-spaced intersections of COD18-45, 46, 67 and 70 all occur within
18-25 meters vertical depth indicating a high-grade ore shoot.
Analytical
results for drill holes COD18-61 to COD18-64 were reported in the
Company’s News Release of January 9, 2018, the highlight being 28.0 g/t
gold, 424.7 g/t silver and 150.4 g/t tellurium over 1.17 meters core
length in COD18-63. Analytical results for drill holes COD18-64 to
COD18-67 were reported in the Company’s News Release of January 11,
2019, the highlight being the intersection of 129 g/t gold and 1,154 g/t silver over 7.28 meters core length in COD18-67.
Holes
COD18-61 to COD18-66 were drilled to the west and slightly northwest at
dips of 45 to 60 degrees to intersect the approximately northeast
striking vein(s). Holes COD18-67 to COD18-71 were drilled at dips of 45
to 60 degrees slightly northeast to intersect the vein(s) at a shallower
angle, the objective being to test the continuity of the quartz veining
and mineralization. Although drill holes COD18-67 and COD18-70 were not
drilled perpendicular to the strike of the COD vein, they still show
the exceptional high-grade nature of the vein, possibly being, or
leading to, a “motherlode”-style feeder system. As the Company continues
reminding of the old saying “we drill for structure and we drift for
grade”, both holes indicate how potential drifting may encounter the
vein in case a potential production decision can be made in the future.
Drilling along veins at slight angles helps in locating possible “ore
shoots” and gaining a structural understanding of its vertical and
horizontal orientations/extensions for targeted follow-up drilling.
The
drill core was split with half core samples securely packaged and
delivered to ALS Canada Ltd. in Vancouver, BC. The core samples were
analyzed for gold by Fire Assay-Atomic Absorption and for 48 elements
(including silver and tellurium) by Four Acid – ICP-MS. Samples
exceeding 100 g/t gold were re-analyzed for gold by Fire Assay –
Gravimetric Finish. Samples exceeding 100 g/t silver were re-analyzed
for silver by Four Acid – ICP-AES. Samples exceeding 1,500 g/t silver by
Four Acid – ICP-AES were re-analyzed for silver by Fire Assay –
Gravimetric Finish. Quality control (QC) samples were inserted at
regular intervals.
Gold
and silver bearing quartz veins occur in multiple regions on the Gold
Drop property with high grade gold reported (samples exceeding 1 oz. /
ton gold reported).
Historic gold and silver production occurred at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.
David
Martin, P.Geo., a Qualified Person as defined by NI 43-101, is
responsible for the technical information contained in this News
Release.
To view the Original News release with pictures please go to the website or contact the company.
On Behalf of the Board of Directors, Barry Brown, Director 604-488-3900 [email protected]
