Posted by AGORACOM
at 9:27 AM on Wednesday, February 24th, 2021
Results for 3rd diamond drill hole from on-going 8,000 meter drill program
Santa Maria structure identified from surface to -350 meters vertically
12.50 Meters of 85.30 g/t Ag and 0.49 g/t Au
Results support the expansion of Santa Maria and increasing the present NI 43-101 resources
Fabled Silver Gold Corp. (TSXV: FCO) (OTC Pink: FBSGF) (FSE: 7NQ) (“Fabled” or the “Company”) is pleased to announce the third diamond drill hole from the on-going 8,000 meter drill program on the Santa Maria Property in Parral, Mexico.
Peter J. Hawley, CEO and President, remarks, “The recent drill hole concludes the first ever complete drill section on the newly interpreted Santa Maria structure and clearly defines the structure from surface to -350 meters vertically, which is the deepest hole ever drilled on the property. The 12.50 meter intersection has clearly defined a footwall and hanging wall structure with corresponding elevated silver values up to over 7 ounces of silver and remains open at depth. More importantly, the structure is very conformable and intersected exactly where predicted, which bodes very well for the expansion of Santa Maria and increasing the present NI 43-101 resources on the property with only 3 drill holes drilled to date.”
Peter Hawley continues, “The data being obtained from this fence of drill holes will not only target adding silver ounces to the overall resource but also allow us to interpret and model the behavior of this robust mineralized system for future drilling as we expand outwards from the present resource.”
Table 1: Drill Hole Intercepts
Hole No
From (meters)
To (meters)
Width (meters)
Au g/t
Ag g/t
SM20-003
349.50
362.00
12.50
0.49
85.30
Including
349.50
351.80
2.30
0.20
123.10
Including
357.40
362.00
4.60
0.81
128.49
357.40
359.20
1.80
1.08
214.00
361.30
362.00
0.70
1.52
230.00
Drill holes SM20-01, SM20-02 and SM20-03 are drilled on the same section with holes 02 and 03 targeting the sulphide intercept of the Santa Maria vein and structure.
Drill hole SM20-02 was drilled at an angle of -65 degrees for a total hole depth of 232 meters. Drill hole SM20-03 was stationed 75 meters behind the drill station for holes 01-02 and drilled at an angle of -75 degrees for a total depth of 375 meters.
The Company has completed drill holes SM20-01 – 07 for a total of 1,895 meters. Holes SM20-04 – 06 have been sampled and submitted to ALS Chihuahua Laboratory for analysis. Hole SM 20-08 is in progress.
Posted by AGORACOM-JC
at 4:01 PM on Tuesday, February 23rd, 2021
You never know where the path to discovery is going to take you. Join in for the moment with Patrick Levasseur, President and CEO of Beauce Gold Fields (BGF:TSXV) and his incredible story tracking down over 344 old drill logs from their St-Simon-Les-Mines Gold project, site of Canada’s first gold rush.
It is a treasure find of epic exploration proportions. Not only are the drill core logs and related documents of historical significance for the greater placer story and future development; the information gathered would cost millions of shareholder dollars to generate today.
The find could very well be the catalyst for the first diamond drill program in the area in over 100 years. Beauce intends to test their exploration theory in search of the mother lode that supplied the original placer gold rush.
Watch this great interview with Beauce Gold CEO Patrick Levasseur to hear this great story and why Beauce is exploring such a historically significant project.
Posted by AGORACOM
at 8:10 AM on Tuesday, February 23rd, 2021
Ongoing 10,000 m drill program along the southeastern segment of the Baltimore deformation zone
Focus of continued drilling is 10km of strike length along the BDZ
BDZ remains largely unexplored with only 4,400 m of historic drilling for gold
A 2nd diamond drill is testing new targets along 4km of the BDZ
Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) today provided an update on its ongoing 10,000 m drill program along the southeastern segment of the Baltimore deformation zone (the “BDZ”). Additionally, the Company has commenced a 300 line kilometer ground geophysical survey covering an additional 10 kilometers of strike length along the BDZ, which will be the focus of continued drilling.
The BDZ is an emerging crustal scale structural corridor that is the extension of the prolific Goudreau-Localsh deformation zone (the “GLDZ”), which hosts the majority of gold deposits in the northeastern Michipicoten greenstone belt. The BDZ is centrally located in the eastern half of the Company’s land package, which covers nearly 350 square kilometers.
Highlights:
The BDZ represents a crustal-scale fault system that is the key target for orogenic gold mineralization and the extension of the Goudreau-Localsh deformation zone, which hosts two multi-million ounce gold deposits.
The GLDZ has been tested with more than 1,000,000 m of diamond drilling for gold, whereas the BDZ remains largely unexplored with only 4,400 m of historic drilling for gold:
○ The cumulative drilling along GLDZ resulted in the discovery of 6 orebodies to date;
○ Recent results with intercepts of up to 15 m grading 1.5 g/t Au, including 5.3 m at 2.7 g/t Au in hole MTU-20-56 demonstrate that the BDZ is a fertile corridor for orogenic gold deposits;
○ The BDZ on Manitou ground covers an equivalent length and area as the GLDZ and provides abundant opportunity for discovery of multiple gold deposits.
The “Main Shear”, which dominates the central corridor of the BDZ and hosts the Stover zone, has been confirmed by drilling to be continuous for over 2 km:
○ Two step-out holes located approximately 600 m west and 1,200 m east along strike of hole MTU-20-49 (39.9 m at 0.5 g/t) display zones of deformation, alteration and mineralization similar to that of the Stover zone (assay results pending);
○ The Stover zone remains open in all directions; additional drilling to test for higher grade shoots is ongoing. The target mineralized zone has been intersected in three recent drill holes, for which assays are pending;
○ A second diamond drill is testing new targets along a 4 km portion of the BDZ.
Posted by AGORACOM
at 9:14 AM on Monday, February 22nd, 2021
Initial tests on lithium-ion batteries successful in the recovery of lithium, nickel and cobalt found as a coating on aluminium foil in the core of the batteries.
Leached more than 99% of the cobalt and of the nickel contained in the batteries.
St-Georges Eco-Mining Corp. (CSE:SX) (OTC:SXOOF) (FSE: 85G1) (CNSX:SX.CN) is pleased to disclose that its initial tests conducted on an array of lithium-ion batteries have been successful in confirming that the selective leach, conducted with its proprietary blend of acids, allows for the recovery of the lithium, nickel and cobalt that are found as a coating on aluminium foil in the core of the batteries.
The Company’s metallurgical team was able to leach more than 99% of the cobalt and of the nickel contained in the batteries. Furthermore, the aluminium foil used to hold the different metals in the batteries’ core remains intact and can be recycled.
Company scientists are comfortable that the results obtained on these metals are repeatable and should scale. Initial lithium test results have been in line with expectations and require additional tests at scale prior to disclosure. These additional tests are ongoing, and results are expected sometime in March.
Fig. 1 The metals in solution, to the left the lithium / cobalt circuit, to the right the nickel copper circuit.
For testing, batteries were dismantled at the Company’s contracted pilot plant facility, CIMMS, under the supervision of qualified chemists and metallurgists. Enrico Di Cesare, St-Georges VP Research & Development, established the protocol and supervised the process. The batteries were dismantled manually, and the cores were immersed in St-Georges’ proprietary leach solution for 30 minutes. The Company expects to optimize and reduce this exposure duration with the aim of bringing it closer to the 5 min leach time required by the Nevada clays. Aluminium was taken out of the solution in its solid form and set aside. No test for residues was conducted on the aluminium in the preliminary tests. Metals were then targeted for recuperation in solution. The powders obtained were tested on-site and sent for independent testing by CIMMS
Posted by AGORACOM
at 8:51 AM on Wednesday, February 17th, 2021
Received formal offer to enter into a partnership to complete a feasibility study on a proposed site and plant to start EV battery recycling operations in 2021
Initiative to recover and recycle key materials from EV batteries in an ecologically sound manner
St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) has received a formal offer to enter into a partnership to complete a feasibility study on a proposed site and plant in Baie-Comeau, Québec, where the company could start its EV battery recycling operations in 2021.
The Letter of Intent received on February 16, 2021, from Innovation & Dévelopment Manicouagan underlines the local community’s support for the installing of St-George’s first battery plant. St-Georges has identified a specific site for the recycling battery plant, which is already permitted for similar types of operations. Innovation & Dévelopment Manicouagan proposes defining the parameters of the study to encompass all the financial, strategic, technical, and environmental aspects of the project. The partners expect to initiate work on the study by mid-March. Furthermore, they will assist the company in all of its negotiations and permitting process with the provincial and local governments.
Paul Pelosi Jr., President of St-Georges wholly owned EV battery recycling subsidiary, EVSX Corp, commented: “ Innovation & Dévelopment Manicouagan’s intent to partner with St-Georges to complete this feasibility study, validates our initiative to recover and recycle key materials from EV batteries in an ecologically sound manner. The team at St-Georges has done an outstanding job of pulling everything together expeditiously … we are purposefully setting a fast pace, now and in the future, for the development of our battery recycling technology.”
Posted by AGORACOM
at 9:21 AM on Friday, February 12th, 2021
License and Royalty Agreement for Altair to license St-Georges Metallurgy’s patent-pending extraction methods
Altair exclusive master agent to promote the licensing and deployment of the EV Battery Recycling Technology.
St-Georges Eco-Mining Corp. (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to announce that St-Georges Eco-Mining Corp., St-Georges Metallurgy Corp., and Altair International Corp. have entered into a License and Royalty Agreement dated February 11, 2021, for Altair to license St-Georges Metallurgy’s patent-pending extraction methods and technology in separation, recovery, and purification of lithium and to act as an agent of St-Georges’ developing technology in battery recycling.
Pursuant to the License and Royalty Agreement, St-Georges Metallurgy Corp. will grant Altair a non-exclusive license to use the Lithium Extraction Technology for any of Altair’s lithium-bearing prospects in the United States. In exchange for the license, Altair has agreed to grant SX a 5% net revenue royalty on all metals and minerals extracted and processed using any of St. Georges methods or technologies. This royalty will apply to all current and future properties in the United States in which Altair has claims.
In addition, SX will provide Altair with full access to the EV Battery Recycling Technology for the purpose of Altair acting as exclusive master agent to promote the licensing and deployment of the EV Battery Recycling Technology. Altair has the right to appoint sub-agents, each of which will enter into an agency agreement with SX and Altair. In exchange for acting as master agent, SX has agreed to grant Altair a 1% trailer fee on any royalty received by SX from the licensing of the EV Battery Recycling Technology to licensees brought by Altair or its sub-agents. SX has also agreed that it will not solicit any third party with which Altair has initiated discussions to license the EV Battery Recycling Technology or act as a sub-agent for a period of three years from the date that such party initially entered discussions with Altair. Pursuant to the License and Royalty Agreement, SX and SXM retain all ownership rights to the EV Battery Technology and the Lithium Extraction Technology, respectively. In addition, SX retains the right to market, promote, license, and sell the EV Battery Recycling Technology to third parties. The License and Royalty Agreement may be terminated by mutual written consent of the parties. This agreement replaces the parties’ previous agreement, and no additional payments or additional share issuance is to be expected.
Posted by AGORACOM
at 10:50 AM on Thursday, February 11th, 2021
Peter Hawley, President, CEO & Director will present live at VirtualInvestorConferences.com on February 17th, 2021.
Fabled invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com
Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO; FSE:7NQ) announces that Peter Hawley, President, CEO & Director will present live at VirtualInvestorConferences.com on February 17th, 2021.
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
Fabled’s high-grade, silver-gold Santa Maria project is located in the mining friendly jurisdiction of Parral, Chihuahua, Mexico, in the centre of the Mexican epithermal silver-gold belt, which has produced more silver than any other area in the world.
The Company has completed the first ever ground geophysical survey on the project and is currently conducting an 8,000 meter drill program.
Initial diamond drill results have been released including, 68.6 meters of continuous silver mineralization.
About Fabled Silver Gold Corp.
Fabled is focused on acquiring, exploring and operating properties that yield near-term metal production. The Company has an experienced management team with multiple years of involvement in mining and exploration in Mexico. The Company’s mandate is to focus on acquiring precious metal properties in Mexico with blue-sky exploration potential.
The Company has entered into an agreement with Golden Minerals Company (NYSE American and TSX: AUMN) to acquire the Santa Maria project, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world
Posted by AGORACOM
at 4:18 PM on Wednesday, February 10th, 2021
St-Georges Eco-Mining Corp. (CSE:SX)(OTC:SXOOF) (FSE:85G1) (CNSX:SX.CN)is pleased to announce a non-brokered private placement offering of units at a price of $0.50 and “flow-through” units at a price of $0.60 as well for total gross proceeds of up to $10,000,000.
Each Unit is comprised of one (1) common share (each, a “Share”) in the capital of the Corporation and one (1) Share purchase warrant (each, a “Unit Warrant”), entitling the holder to purchase one (1) Share at an exercise price of $0.65 until first 18 months from the issuance and $1.05 for the 18 months thereafter, together 36 months expiry period (the “Unit Warrant Expiry Date”).
Each FT Unit is comprised of one (1) common share in the capital of the Company on a “flow-through” basis (each, a “FTShare”) and one (1) FT Share purchase warrant (each, a “FT Warrant”). Each FT Warrant entitles the holder thereof to purchase one (1) Share at an exercise price of $0.75 until first 18 months from the issue and $1.25 for the 18 months thereafter, together 36 months expiry period (the “FT Warrant Expiry Date”, together with the Unite Warrant Expiry Date, the “Warrant Expiry Date”).
Posted by AGORACOM
at 8:57 AM on Tuesday, February 9th, 2021
Manitou Gold Inc. has released additional assay results from its continuing 10,000-metre drill program along the eastern portion of the Baltimore deformation zone (BDZ) on its 100-per-cent-owned Goudreau project in Northeastern Ontario.
Highlights of drill results are from the Stover occurrence, where the Company is reporting assay results from an additional three drill holes completed in January of this year.
Drilling is continuing with two diamond drill rigs to test the Stover occurrence and 28 other high priority targets on the eastern four km of the 17 km length of our BDZ.
Highlights:
Drilling continues to intersect broad zones of gold mineralization along strike and down plunge of previously announced, shallower drill hole intersections at the Stover Zone with highlights including:
57.3 m at 0.3 g/t Au (starting at 150.7 m down hole), including 5.0 m at 1.5 g/t Au in hole MTU-21-03.
26.8 m at 0.3 g/t Au (starting at 85.2 m down hole) and a separate intersection of 13.8 m at 0.5 g/t Au (starting at 132.6 m down hole) which includes 1.6 m at 1.5 g/t Au in hole MTU-21-02. These intersections are below and down plunge of holes MTU-20-49, 52 and 56 which intersected:
39.9 m at 0.5 g/t in hole MTU-20-49, 0.8 g/t Au over 18.0 m, including 3.3 g/t Au over 2.1 m in hole MTU-20-52; and
15 m grading 1.5 g/t Au, including 5.3 m at 2.7 g/t Au in hole MTU-20-56.
Tags: #MTU, Assay, Discovery, gold, Manitou, Ontario, Targets, tsxv Posted in All Recent Posts, Manitou Gold | Comments Off on Manitou Gold $MTU.ca Continues To Intersect Wide Zones Of Gold Mineralization On The Baltimore Deformation Zone (“BDZA”) Within Goudreau Project $AGI.ca $O3.ca $AR.ca $WDO.ca
Posted by AGORACOM
at 10:32 AM on Monday, February 8th, 2021
The 3 Reasons Why Arctic Star Is A World Class, Small Cap Diamond Explorer
Arctic Star Exploration (ADD:TSXV / ASDZF:OTCQB / 82A1.F:FRA) is in the diamond finding business.
The Company owns 100% of its flagship Timantti Diamond Project in Finland, where Arctic Star has discovered three diamondiferous kimberlites that may represent the first finds in a large kimberlite field. If you don’t know what a kimberlite is, keep drilling down and see below because this is truly exciting.
The project is located on the same geological belt as the Grib Diamond Mine in Russia, just 450 kms away. The Grib mine is one of the largest diamond mines in the world and was discovered by a team led by Arctic Star Director Roy Spencer. Keep drilling down to see more about him.
For those investors who have a little more experience and find themselves asking Why Finland? You should know that Finland was ranked as the World’s #2 mining jurisdiction in the world by the Fraser Institute 2020. In addition to its flagship project in Finland, the Company also controls diamond exploration properties in Nunavut (Stein) and the Northwest Territories of Canada (Diagras and Redemption).
But the real secret of Arctic Star is that it has tremendous potential to revolutionize the way in which Diamonds are discovered – and become a pioneer in the exploration industry – by finding diamonds in a place where no previous explorer has thought to do so. More than just a wild theory, Arctic Star has the team to back it up.
Here are the 3 things you need to know
1. World Class Diamond Finders
Arctic Star exploration has a highly experienced diamond exploration team previously responsible for numerous world class diamond mine discoveries. The team is led by Buddy Doyle who originally discovered Diavik Mine, Canada’s largest diamond mine in terms of carat production. Diavik’s exceptional grades make it one of the most valuable diamond mines in the world. Diavik is located in the Northwest Territories of Canada, where Arctic Star has 2 of their diamond properties.
Few geologists have seen 2 projects from discovery through to decision to mine. Mr. Doyle is recognized by his peers in the exploration industry as an authority on diamond exploration and kimberlite geology, and has authored/co-authored numerous papers on these subjects. He was awarded the 2007 Hugo Dummitt Award for excellence in Diamond exploration.
Roy Spencer – If that wasn’t enough, the geologist who discovered the multi-billion-dollar Grib Diamond Mine in Russia (see above). which is just 450 KMs away from Arctic Star’s project in Finland, has now joined Arctic’s Board of Directors! Clearly, the Arctic Star team has the credibility necessary to put forth a new thesis on how to find diamonds.
2. Brand New Exploration Model To Find Diamonds
In order to find diamonds, you need to first find Kimberlites. What are Kimberlites? Essentially, they are the rocks which contain diamonds. These kimberlite rocks are found underground in vertical structures known as kimberlite pipes. To illustrate in simple terms, see this basic image of a kimberlite pipe with kimberlite rocks inside of it.
Kimberlite pipes are the biggest source of diamonds today. When exploration companies go looking for kimberlites, the industry standard for finding them is to look for magnetic signatures. This is done by taking a magnetic survey from the air and/or ground. with a device called a magnetometer. Now, most of you won’t understand what you are looking at – but here is an example of one of the company’s magnetic surveys on its Canadian Diagras property.
The most important thing to understand is that the industry looks for magnetic signatures ….. but Buddy Doyle and the accomplished Arctic Star team have developed a NON MAGNETIC THESIS. They believe they will find economic diamonds by locating Kimberlite that do not have a magnetic signature where previous explores sought not to look. Arctic in a sense is exploring for diamonds the opposite way the industry traditionally does. Arctic acquired property big mining company’s dropped, because they looked at them one way. Arctic is looking differently and success is occurring quickly for this small, yet accomplished exploration outfit. There are already multiple drill ready targets in 2 countries using this new way of looking for diamonds.
Arctic offers multiple opportunities in 2 countries to turn the Diamond Industry on notice with a discovery.
3. Arctic Star Has Two Diamond Projects Ready To Verify Its Non-Magnetic Theory
Arctic has 2 diamond projects on which to verify its theory: Diagras in Northwest Territories of Canada and Timantti in Finland, where early exploration searching for Non-Magnetic signatures has already yielded multiple new diamond target
A. Diagras is next to Diavik (Canada’s largest diamond mine) and is drill ready to prove Buddy’s theory. Arctic has plans to drill in 2021
B. Timantti in Finland has 3 separate target areas and 6 targets altogether identified through non-magnetic signatures as a means to find diamonds and further excel Buddy’s theory, it is the company’s goal to drill test in 2021
If Buddy Doyle and the Arctic Star team are correct it will create a new discovery process for understanding how diamonds are brought to surface in areas previous explorers cared not to look. Arctic Star has the potential to create multiple discoveries and copycat companies trying to duplicate their success.
However, there is only one Buddy Doyle and Roy Spencer, which is why Arctic Star is the one Diamond Exploration Company every investor should be aware of.
