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FEATURE: Glacier Lake Resources $GLI.ca Silver Vista Project Ready to Drill $JAX.ca $AMI.ca $GTT.ca $HBM.ca

Posted by Er at 2:00 PM on Thursday, November 16th, 2017

Why Glacier Lake Resources

Developing Silver Vista Project into Bulk Tonnage Silver & Copper

  • Glacier Lakes controls the Silver Vista project, a sediment hosted copper-silver deposit
  • Potential to host bulk tonnage silver mineralization.
  • Sediment-hosted copper deposits are a large and diverse group that includes some of the richest and larges deposits in the world
  • Silver Vista: Sedimentary Hosted Copper & Silver Deposit
  • 84M of historical 195g/t Silver & 3.65 g/t Copper at 193M depth
  • Sediment Hosted strata bound deposit
  • Prime target for Bulk Tonnage Silver & Copper deposit
  • Soil Geo-Chem survey outlined a 2.0KM by 1.5KM anomaly
  • Property has not been explored beyond an initial 1200 meter, 14 hole program
  • Drill program scheduled, results could be obtained as early as Q1/2018

 

 

 

https://glacierlake.ca/wp-content/uploads/2017/09/GLI_SilverVista_PPT09Sep2017.pdf

 

#NSM.ca Northern Sphere Drills an Impressive 13.3 Grams Gold over 10.5 Metres $Wm.ca $FNI.ca

Posted by Er at 2:24 PM on Tuesday, November 14th, 2017

 

  • Northern Sphere received 1st set of assays for its initial drill program at Scadding in Sudbury
  • Hole 17-03 Intercepted 13.3 Grams Gold over 10.5 Metres in a Chlorite Breccia with visible gold
  • Hole 17-06 encountered approximately 100 metres of mineralized chlorite breccia, intersecting a significant fault structure at 158m, mineralized quartz veining along with apparent mineralized felsics.
  • Eric Sprott holds an Insider Position in the Company
  • Helmed by Legendary Financier Sheldon Inwentash, CPA, CA., LL.D. (Hon)

 

 

Link to Nov 8th Press Release

 

FEATURE: Tartisan Resources $TTC.ca To Acquire Canadian Arrow Mines $CRO.ca

Posted by AGORACOM-JC at 4:26 PM on Thursday, November 9th, 2017

 

  • Tartisan will acquire all of the issued and outstanding common shares of Canadian Arrow Mines Limited by way of a court-approved plan of arrangement
  • Tartisan would issue to Canadian Arrow Mines Limited shareholders one common share of Tartisan for every 17.5 common shares of Canadian Arrow

Other Investment Highlights

  • 100% stake in the Don Pancho Zn-Pb-Ag project located in the Central Peru Polymetallic Belt with US$1.5M spent including 2,020m of diamond drilling and untested targets
  • 20% equity interest in Eloro Resources Ltd. which owns a 100% stake in the drill ready La Victoria Au-Ag project located in a gold belt that includes Pierina and Lagunas Norte
  • 100% stake in the Ichuña Cu-Ag Project located in a reemerging mining camp with exploration upside on an untested geophysical anomaly
  • Properties well located in an established mining country with high geological potential (only 1.34% of the country registers mining activity)

$NSM.ca Northern Sphere Mining Corp. Intercepts 13.3 grams gold over 10.5m from Scadding Drill Program$WM.ca $FNI.ca

Posted by Er at 8:44 AM on Wednesday, November 8th, 2017

  • Hole 17-03 intercepted a zone which hosted visible gold assaying at 13.3 grams gold over 10.5m
  • New zone of mineralization north east of the East-West Zone discovered
  • Hole 17-06 encountered approximately 100 metres of mineralized chlorite breccia & a fault structure

Toronto, Ontario–(Newsfile Corp. – November 8, 2017) – Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce the first results from the Company’s diamond drilling program on its Scadding Gold Project located near Sudbury, Ontario.

Hole 17-03 intercepted a mineralized chlorite breccia zone which hosted visible gold assaying at 13.3 grams gold over 10.5 metres. The hole was targeting potential extensions of the North zone which had been previously intersected by Hole 10-07 assaying at 12.9 grams gold over 19.3 metres. The intersection point demonstrates that mineralization may continue along strike and down plunge. The Company has drilled an additional hole (Hole 17-04) along strike of Hole 17-03 which intersected similar alteration and sulphide mineralization. Hole 17-04 is currently in the lab for assay.

The Company has also targeted a new zone of mineralization north east of the East-West Zone (Hole 17-06) and encountered approximately 100 metres (approximately 30 to 130 m) of mineralized chlorite breccia. The drilling continued at a depth beyond 158 metres. The hole intersected a significant fault structure, mineralized quartz veining along with apparent mineralized felsics.

Scadding Gold Project

To view an enhanced version of this graphic, please visit:
http://orders.newsfilecorp.com/files/2104/30310_figure1.jpg

Upon receipt of the balance of the assays, the Company plans to interpret the data and proceed as soon as reasonably practicable with an additional 3,000 metre drill program.

The Scadding Gold Project, located within the Sudbury Mining District, is accessible by a serviced, all-season road. The property is a past producing mine that produced over 29,000 ounces of gold from approximately 140,000 tons of ore at a head grade of 7.2 grams per ton in the late 1980s‎. The mine was subsequently closed due to falling gold prices.

Quality Control

Northern Sphere’s quality control and assurance program includes the use of an independent certified lab, AGAT Laboratories (“AGAT”) of Mississauga, Ontario. All AGAT geochemical hub laboratories are accredited to ISO/IEC 17025:2005 for specific analytical procedures. The AGAT quality program includes quality control steps through sample preparation and analysis, inter-laboratory test programs, and regular internal audits. It is an integral part of day-to-day activities, involves all levels of AGAT staff and is monitored at top management levels.

Qualified Persons

Steve Gray, P.Geo., Vice President of Northern Sphere has reviewed, prepared and approved the scientific and technical information in this press release and is Northern Sphere’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. The Company intends on generating robust mining projects through the use of cutting-edge exploration technologies to assist with more precise mineral targeting on its assets. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

GGX Gold Receives Assay Results from the Gold Drop Property, including 297 g/t Au and 1290 g/t Ag, Greenwood BC $GTT.ca $TUE.ca $MTB.ca

Posted by Er at 8:15 AM on Wednesday, November 8th, 2017

 

  • Grab Sample Assays focused on Gold Drop Property
  • Soil sampling and prospecting occurred at Southwest and Main Zone on Gold Drop Property
  • New vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench.

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of grab sample assay results from the high grade Gold Drop Property located near Greenwood in southern British Columbia. The 2017 fall program on the gold Drop Property consisted of soil sampling and prospecting. The program was located in the Gold Drop Southwest Zone and Gold Drop Main Zone.  A total of 11 samples returned values above 1 g/t Au.

 

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

The soil sampling program in the Gold Drop south west zone helped identify a new vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench. The adit is driven on a North-south striking quartz vein that is on strike with the C.O.D. Vein, and appears to be of the same Detonia/Jewel style quartz vein. (News Release of Sept 1, 2017). Another vein exposure north of the trench was also located by hand pitting on local quartz float. Both of these exposures have been sampled and returned promising results. Bedrock quartz samples from the small hand pit material returned values of 4.97 g/t and 30.7 g/t Ag. Samples of boulder material found outside of the small adit returned values of 1.28 g/t Au and 6.97 g/t Ag.

 

To view the graphic in its original size, please click here

Part of the fall prospecting focused on locating and sampling the Silent Friend and Ken veins near the Gold Drop Main Zone. Both of these returned significant values including 297 g/t Au and 1290 g/t Ag sampled in dump pile quartz from what is believed to be the southern Silent Friend showing. Samples of dump pile material from a mineshaft north of this exposure assayed 6.98 g/t Au and 38.6 g/t Ag. Material from a mineshaft to the south, speculated to be the Ken mineshaft, assayed 4.47 g/t Au and 23.0 g/t Ag.

 

To view the graphic in its original size, please click here

 

Time was also spent prospecting 6 crown grants in the central portion of the Gold Drop Property. These grants are southwest of the Dentonia mine. Several historic trenches pits and workings were found and sampled. A sample collected in one of these exploration pits assayed 6.13 g/t Au and 30.3 Ag.

All samples collected during the fall prospecting and soil sampling program were submitted to ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay and for 48 Elements by Four Acid and ICP-MS.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

\\

Invested in Canadian Arrow Mines $CRO.ca ? Did you see the news? Company to be acquired by Tartisan Resources $TTC.ca

Posted by AGORACOM-JC at 11:08 AM on Tuesday, November 7th, 2017

Recently completed the acquisition of the Ichuña Copper-Silver property located in the Department of Moquegua in Southern Peru as well as Don Pancho Polymetallic Property in Huaral, Peru

READ RELEASE

  • Tartisan will acquire all of the issued and outstanding common shares of Canadian Arrow Mines Limited by way of a court-approved plan of arrangement
  • Tartisan would issue to Canadian Arrow Mines Limited shareholders one common share of Tartisan for every 17.5 common shares of Canadian Arrow, resulting in the issuance of approximately 8,000,000 common shares of Tartisan

Investment Highlights

  • 100% stake in the Don Pancho Zn-Pb-Ag project located in the Central Peru Polymetallic Belt with US$1.5M spent including 2,020m of diamond drilling and untested targets
  • 20% equity interest in Eloro Resources Ltd. which owns a 100% stake in the drill ready La Victoria Au-Ag project located in a gold belt that includes Pierina and Lagunas Norte
  • 100% stake in the Ichuña Cu-Ag Project located in a reemerging mining camp with exploration upside on an untested geophysical anomaly
  • Properties well located in an established mining country with high geological potential (only 1.34% of the country registers mining activity)

Glacier Lake $GLI.ca Announces New Discovery at Silver Vista Hinting at Pollymetallic System $JAX.ca $AMI.ca $GTT.ca

Posted by Er at 7:43 AM on Thursday, November 2nd, 2017

  • New Discovery is called the “Golden Vista Zone”
  • Golden Vista Zone is 22 km northwest of the principal target, the “MR” copper-silver prospect
  • 2cm massive pyrite-galena stringer within siliceous, altered mineralized sediments
  • 16.90 grams per tonne gold (g/t Au), 196.0 g/t (Ag) silver, 12.6 percent (%) lead (Pb), 11.9 percent zinc (Zn)

Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) is pleased to report multiple new mineral showings in an area designated as the “Golden Vista Zone”, located on the Silver Vista property, near Smithers, B.C. The highlight is an outcrop select grab sample including a 2 centimetre massive pyrite-galena stringer within siliceous, altered mineralized sediments, returning 16.90 grams per tonne gold (g/t Au), 196.0 g/t (Ag) silver, 12.6 percent (%) lead (Pb), 11.9 percent zinc (Zn).  Investors are cautioned that these samples are selective samples and are not necessarily representative of the mineralization hosted on the property.

The Golden Vista Zone area is approximately 22 kilometers northwest of the principal target, the “MR” copper-silver prospect. Highlights of the recent Golden Vista discoveries include:

  • The mineral showings are in a minimally explored area of the property, with no previously known mineral showings or historic prospects. The new showings resulted from a limited prospecting-geological mapping program, involving a 3-4-person crew, serviced by helicopter from Smithers. In total 28 grab rock samples were taken from outcrop or subcrop locations while prospecting, and 53 soils samples were taken.
  • Target GV-2 is located in a steeply incised stream drainage and comprises three outcrop grab samples, hosting semi-massive sulphides (pyrite-galena) in altered, siliceous, gossanous sediments. Sample #02681 returned 5.37 g/t Au, 110.0 g/t Ag, 5.05 % Pb, and 11.60 % Zn from a pyrite-galena gossan. Sample #02681 assayed 16.90 g/t Au, 196.0 g/t Ag, 12.60% Pb and 11.90% Zn from a 2 cm massive sulfide vein. Sample #16079 is comprised of coarse grained galena in a highly silicified sedimentary unit, which returned 4.47 g/t Au, 34.00 g/t Ag, 1.72% Pb, and 5.02% Zn. The GV-2 zone is a high priority target for follow-up.
  • Target GV-1 was investigated to confirm gold-and-silver soil anomalies from wide spaced (+/- 300 meter spacing) reconnaissance soil sampling completed in 2012-2013, in an area of rugged topography. Soil sample #2668 from this location returned 0.34 g/t Au, 15.45 g/t Ag, 0.29% Pb, and 0.26% Zn. Soil sample #2669, nearby returned 1.68 g/t Au, 28.90 g/t Ag, 0.44% Pb, and 0.36% Zn. Outcrop rock samples from the same location of altered, gossanous sediments returned anomalous gold values of 0.141 g/t Au and 0.118 g/t Au, suggestive that the source of the soil geochemical anomalies may be further up-slope.
  • The GV-1 target alteration zone was projected to the south-east and an outcrop location approximately 350 meters along strike was discovered comprising siliceous, moderately gossanous sediments. Three chip samples were taken at this location, with anomalous gold (0.04, 0.18 and 0.26 g/t Au), and silver, (4.6, 7.1, and 16.3 g/t Ag), and strongly anomalous lead (0.65, 0.12, and 1.11% Pb). These anomalous values and associated metals (arsenic, antimony and mercury) are supportive of structural continuity of the GV-1 alteration/mineralized zones.
  • Target GV-4 was tested by three soil samples with anomalous gold values. Soil sample #16082 returned the highest gold-in-soil value of the fall survey, with 2.75 g/t Au, 3.4 g/t Ag, and 781 ppm (parts per million) Pb.
  • Three other targets are defined by anomalous soil and/or rock geochemistry in the Golden Vista area.  Outcrop exposure is modest and soil sampling remains an effective tool to define buried targets. The Golden Visa discoveries are in an area 1,400 meters by 1,000 meters. Several anomalous gold-in-soil anomalies were not visited during the recent program.
  • A preliminary analysis of the soil and rock geochemistry suggest that the Golden Vista mineralization is representative of an enhanced gold- silver-lead-zinc system. Silver values in the soils are enriched and widespread, with more than 37% of the soil samples returning +1.0 g/t Ag in the soils. The 90% percentile of the 53 soil samples is 0.11 g/t Au, 3.2 g/t Ag and 880 ppm lead (Pb).

Saf Dhillon, President/CEO and Director of Glacier Lake Resources Inc. reports that, “The results of our recent reconnaissance program have exceeded our expectations, with the discovery of multiple showings returning significant precious and base metals. These new showings indicate an exciting new style of mineralization on the Silver Vista property. While our short-term focus will be on a Phase 1 drill program to test the zone of high-grade copper and silver mineralization at the “MR” area, the Golden Vista zones will be an important exploration target for next summer’s field season.”

All samples from the Golden Vista surface program were sent to the ALS Minerals Ltd. North Vancouver, BC laboratory, an 17025:2005 certified facility. All samples were collected by Exploration Facilitation Unlimited Inc. personnel and securely stored until delivery to ALS Minerals. At this early stage of exploration, Glacier Lake is relying on the certified standards utilized by ALS Minerals as part of it analysis protocols. No QA/QC anomalies were noted in the analyses.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., a member of the Glacier Lake Advisory Board and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Contact information:

Satvir Dhillon, President & CEO
Glacier Lake Resources Inc.
Ph: 604-688-2922
Email: saf@glacierlake.ca

Monarques Gold $MQR.ca files a technical report for its Wasamac #Gold project

Posted by AGORACOM-JC at 11:53 AM on Wednesday, November 1st, 2017

Monarquesgold hub large

  • Filed National Instrument 43-101 technical report for its wholly owned Wasamac gold project
  • Located 15 km west-southwest of Rouyn-Norand

MONTREAL, Nov. 1, 2017 – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (FRANKFURT: MR7) is pleased to announce that it has filed on SEDAR a National Instrument 43-101 technical report for its wholly owned Wasamac gold project located 15 km west-southwest of Rouyn-Noranda, Québec. Monarques published a press release on October 26, 2017 (see release), which summarized the assumptions and key results contained in the technical report. There are no material differences between the assumptions and estimates contained in Monarques’ press release dated October 26, 2017, pertaining to this property, from those contained in the technical report that was filed. Monarques also added the technical report on its website (see report).

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corp (TSX-V: MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns more than 240 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video) and Wasamac advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,200 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE Monarques Gold Corporation

GGX Gold receives additional Drill Results from Phase II Diamond Drilling at Gold Drop, including 3.17 g/t Gold over 0.47 Meters

Posted by Er at 9:30 AM on Wednesday, October 25th, 2017

 

  • Northeast – Southwest COD Vein has over 160 meter strike length
  • Results are from drill holes COD17-21 to COD17-27
  • GGX intercepted 3.17 g/t Gold over 0.47 Meters

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of additional drill core sample analytical results from the recent diamond drilling program at its Gold Drop Property, located near Greenwood, B.C. These analytical results are for samples from drill holes COD17-21 to COD17-27. The Company recently completed a Phase II diamond drilling program in the Gold Drop Southwest Zone, targeting the gold and silver bearing COD Vein.

 

The objective of the Phase II drilling was to further explore and define the COD Vein, a Dentonia / Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The Phase II drilling program aimed to delineate the COD Vein from 2 pad locations in the northern extent of the trench, 100 and 160 m north of the COD mine shaft. The Phase II drilling totaled 12 holes (690 meters).

 

To view the graphic in its original size, please click here

 

The Company had previously received analytical results for 68 trench channel samples collected at the COD Vein. These samples returned anomalous to high grade values for gold, including high values of 43.2 grams / tonne (g/t) Gold and 224 g/t Silver (News Release of July 26, 2017). The first batch of 2017 drill core samples for the COD Vein returned up to 24.1 g/t Gold and 192 g/t Silver (News Release of Aug 28, 2017). The second batch of drill core samples also returned significant gold and silver values including a broad intersection in hole COD17-14 grading 4.59 g/t Gold and 38.64 g/t Silver over 16.03 meters core length with a high grade core grading 10.96 g/t Gold and 89.86 g/t Silver over 5.97 meters core length (News Release of Sept 7, 2017).

 

To view the graphic in its original size, please click here

 

Drill core was geologically logged and sampled at the Greenwood facility. Drill core was sawn in half with half core samples submitted for analysis and remaining half core stored in a secure location. Core samples were delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA. The samples from holes 15 to 27 were also analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples are inserted at regular intervals.

 

To view the graphic in its original size, please click here

 

Drill core samples collected for holes COD17-21 to COD17-27 were from select intervals, testing the COD Vein and intervals of host rock. The analyses listed in the following table below are from the gold and silver bearing vein and / or low grade mineralized host rock. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The Gold and Silver analyses are reported in grams / tonne.

 

HOLE ID From To Core interval Length Au ppm Ag ppm
COD17-22 10.97 11.65 0.68 0.74 8.82
COD17-23 11.55 12.25 0.7 0.49 5.11
COD17-23 56.75 57.2 0.45 0.59 5.91
COD17-23 58.95 59.6 0.65 0.76 5.86
COD17-24 12.97 13.82 0.85 0.43 5.79
COD17-25 47.67 48.38 0.71 1.52 15.35
COD17-25 48.38 49.01 0.63 0.43 5.94
COD17-26 8 8.47 0.47 3.17 40.1
COD17-26 29.92 30.76 0.84 0.52 5.02
COD17-27 10.62 10.97 0.35 0.61 6.46
COD17-27 38.06 38.96 0.9 0.43 5.68

Hole COD17-26 was located at the northern-most pad along the COD trench. The sample at 8.00 – 8.47 meters from this hole was of a near-surface oxidized vein. The sample at 47.67 – 48.38 meters from hole COD17-25 was of quartz veins and altered host rock. This batch of analytical results continues to reveal intervals of low grade gold in the host rock. The two samples at 56.75 – 57.20 and 58.95 – 59.60 meters from hole COD17-23 are of altered host rock.

 

Quartz veins in COD17-14

To view the graphic in its original size, please click here

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

 

Barry Brown, Director

604-488-3900

 

Investor Relations:

 

Mr.  Jack Singh: 604-720-6598     E-mail: ir@ggxgold.com

 

“ We don’t have to do this, we get to do this ” 

Are you an investor in Richmont Mines $RIC.ca ? Check out the recent acquisition by Monarques $MQR.ca

Posted by AGORACOM-JC at 4:17 PM on Monday, October 23rd, 2017

Monarquesgold hub large

Why Monarques Gold?

  • A gold producer with the Beaufor Mine (gold production of 19,562 ounces in 2016; source Richmont 2016 annual report)
  • Located in one of the best mining jurisdictions in Canada.
  • A large portfolio of mining assets, including the Beaufor Mine, two mills (Camflo and Beacon), two advanced projects (Wasamac and Croinor Gold) and eight exploration projects covering more than 240 km2 in the Abitibi region.
  • Upside potential and leverage to the gold price with the Wasamac project.
  • NI 43-101 proven and probable reserves of 162,790 ounces of gold, measured and indicated resources of 1.76 million ounces and inferred resources of 1.67 million ounces (see table below).
  • Over 150 highly experienced, qualified employees will join the Monarques team.
  • A strong financial position, with over $12 million in cash and cash equivalents.