Agoracom Blog Home

Posts Tagged ‘#Drilling’

GGX Gold $GGX.ca Reviews 2018 Exploration Season at the Gold Drop Property $K, $TUSK

Posted by AGORACOM at 7:50 AM on Wednesday, February 27th, 2019
  • Completed 71 diamond drill holes on the C.O.D vein.
  • High-grade intersections include 107.5 g/t gold and 880 g/t silver over 6.90 meters core length and 129 g/t gold and 1,154 g/t silver over 7.28 meter core length (News Releases of January 11 & 18, 2019).
  • Mining.com lists GGX drill intercept #7th best worldwide to date for 2019
  • Extended the C.O.D vein 160 m to the southwest by means of drilling
  • Completed 19 diamond drill holes on the Everest vein

VANCOUVER, BC / ACCESSWIRE / Feb 27, 2019 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to recap highlights of the 2018 exploration season on the Gold Drop Property located in Southern British Columbia. The program focused on the C.O.D vein, located in the Gold Drop Southwest Zone. During the drilling program the company also conducted mechanical trenching on numerous targets.

  • Completed 71 diamond drill holes on the C.O.D vein. High-grade intersections include 107.5 g/t gold and 880 g/t silver over 6.90 meters core length and 129 g/t gold and 1,154 g/t silver over 7.28 meter core length (News Releases of January 11 & 18, 2019).
  • Mining.com lists GGX drill intercept #7th best worldwide to date for 2019
  • Extended the C.O.D vein 160 m to the southwest by means of drilling
  • Completed 19 diamond drill holes on the Everest vein
  • Discovered the southern extension of the Gold Drop vein by means of mechanical trenching
  • Completed 30 m of trenching on the Silent Friend Vein
  • Completed thorough trenching program in the C.O.D North region of the property

Picture: First C.O.D Vein discovery and sample, May 2017

The Gold Drop Property covers 5,628 hectares of geologically prospective ground in the well-mineralized Greenwood District, and hosts 8 or more known low-sulfide, gold-bearing veins or vein systems. These historical showings have had limited modern exploration. Recently, the Greenwood area has had a renewed interest by major and junior companies exploring precious and base metals in the district.

The 2018 diamond drill program carried out by the Company focused on the C.O.D vein. The vein was first identified to be a target of interest in the spring of 2017. Following initial sampling of the vein the Company conducted mechanical trenching and drilling. The results of the 2017 program were encouraging and the Company launched a winter drill program in 2018. The program followed up on the 2017 drilling. The Company completed additional diamond drilling during the fall of 2018, completing a series of exploration holes south of the C.O.D trench. Here the holes intercepted the vein, successfully extending the vein by 160 meters.

During 2018 a total of 71 diamond drill holes were completed on the C.O.D vein structure and 19 diamond drill holes were completed on the Everest vein for a total of 5,616 meters of drilling. The highlights of the program are COD18-67 that intersected 129 grams per tonne (g/t) gold and 1,154 g/t silver over 7.28 meters core length and COD18-70 which intersected 107.5 g/t gold and 880 g/t silver over 6.90 meters core length. The highlights of the drilling are listed in the following table.

Hole ID Interval Length 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 7.28 129.11 1,154.90
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

Note: Due to some tellurium drill core analyses being greater than the upper analytical limit of 500 g/t the weighted average value for tellurium could not be calculated for some intervals.

The 2018 trenching program was completed on targets located during the 2017 soil geochemical sampling program. The most significant discovery during the trenching is the southern extension of the historic Gold Drop Vein. Historic production from the Gold Drop Vein System is reported to be 335 tonnes mined during 1926-1988 (mainly during 1933-1941) with 5,020 grams of gold (14.99 g/t gold) and 35,894 grams of silver (107.1 g/t silver) recovered. Grab samples collected from this vein during 2018 assayed up to 3.37 g/t gold and 43.9 g/t silver.

The company completed a thorough trenching program in the C.O.D North area. This area is located approximately 600m to the north of the C.O.D drilling worksite. Here the company conducted trenching on targets identified during the 2017 soil geochemical sampling program.

Several quartz vein outcroppings were located and sampled in the trenches. The highlights include grab sample 112753 of rusty quartz vein that assayed 15.45 g/t gold, 159 g/t silver and 114.5 g/t tellurium; and sample 112759, a chip sample across a 40 centimeter wide northeast-southwest striking sub-vertical quartz vein, that assayed 21.7 g/t gold, 216 g/t silver and 149 g/t tellurium. The table below outlines the chip sample assays obtained.

Sample ID Sample type Au (ppm) Ag (ppm) Te (ppm)
112751 30 cm chip 1.43 12.8 10.2
112752 40 cm chip 4.26 26.8 18.25
112753 Area grab 15.45 159 114.5
112754 Area grab 1.38 9.23 5.98
112755 Area grab 6.52 17.65 14.25
112756 30 cm chip 5.07 39.5 29.2
112757 30 cm chip 1.38 10.1 6.27
112758 Area grab 4.75 20.9 12.65
112759 40 cm chip 21.7 216 149
112761 Area grab 1.58 11.85 9.08

The Company is very pleased with the results obtained during the 2018 season. Plans are being finalized for 2019 and everyone at GGX is excited for the 2019 field season!

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.

CLIENT FEATURE: American Creek $AMK.ca encounters high grade #Gold / #Silver at Treaty Creek, same system as Seabridge Gold $SA $SEA.ca $SKE.ca $TUD.ca $PVG $MRO.ca

Posted by AGORACOM at 11:46 AM on Sunday, February 17th, 2019

AMK: TSX-V, OTCBB: ACKRF

  • Intersected various mineralized zones
  • Most significant was 337.5m of continuous mineralization grading 0.76 g/t gold from 2 to 339.5m depth,
  • Including a higher grade intercept of 124.5m grading 0.98 g/t gold from 53.0 to 177.5m

OTHER RECENT HIGHLIGHTS

  • Reported on First Two 2018 Holes at Treaty Creek Including 1.036 G/T Gold over 121.8 Meters and First Sighting of Visible Gold in Core Read More
  • Encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project Read More
  • Additional gold discovery of 5.1m of 9.57 g/t gold from 249.35m to 254.45m Read More

View Presentation

FULL DISCLOSURE: American Creek Resources is an advertising client of AGORA Internet Relations Corp.

CLIENT FEATURE: GGX Gold’s 2018 Exploration Program at Gold Drop Demonstrates High Grade Potential $K.ca $GZD.ca $TUSK.ca $XIM.ca

Posted by AGORACOM at 9:18 AM on Thursday, February 7th, 2019
https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564602/hub/ggx_large.png

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):

EVE18-5: 10.55 g/t Au over 0.45 metre;

EVE18-12: 12.45 g/t Au over 0.85 metre.

GGX HUB HOME  / CORPORATE PROFILE

FULL DISCLOSURE: GGX Gold is an advertising client of AGORA Internet Relations Corp.

$AAX.ca Advance Reports On 7th Hole of Drilling at Tabasquena Project in Mexico

Posted by AGORACOM at 4:25 PM on Tuesday, November 6th, 2018
https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564631/hub/advance-gold-large.png
  • Results for the 7th hole of drilling at the Tabasquena project, near Ojocaliente, Mexico
  • Over 30 epithermal veins have been discovered in the first 7 holes drilled
  • All but 2 of the veins discovered are blind
  • Phase 3 drilling is being planned to test deeper into the system in an attempt to locate the boiling zone of the various veins found to date.

Vancouver, British Columbia–(Newsfile Corp. – November 6, 2018) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) reports results for the 7th hole of drilling at the Tabasquena project, near Ojocaliente, Mexico. Over 30 epithermal veins have been discovered in the first 7 holes drilled below the oxide zone at the Tabasquena mine.

All but 2 of the veins discovered are blind, with no geophysical anomaly, nor do they come to surface. They were discovered through drilling at depth for known veins discovered in phase 1 drilling. They are confined to a side to side area of approximately 200 metres and 125 metres of strike. They all remain open along strike in both directions as well as at depth.

Drilling to date suggests a large epithermal vein cluster, phase 3 drilling is being planned to test deeper into the system in an attempt to locate the boiling zone of the various veins found to date.

AGT-07 Hole location details:

Bearing: N 40° E; Dip: -78°; Total Depth:351.50m. Coordinates: N 2’497,290 E 785,922.

Collar elevation: 2,065mosl.

Note: All vein widths cut by drills holes are not true widths, they represent the intersection of the incline hole with the dip of the vein. Advance is in the process to estimate true widths for all the vein intersections.

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Now that we have a handle on the size potential, we need to get a better understanding of the system with a view to locating the precious metal horizon. To date, we have hit anomalous to high-grade gold, and there was historical mining of silver by Penoles in the oxide zone of the Tabasquena vein. It is typical for precious metals to base metal zonation in these systems.

“Our exploration team looks forward to phase 3 drilling, our goal will be to test deeper into our cluster of epithermal veins. We are located in a world class region for epithermal vein mines, the cluster we have found holds good potential to reward our efforts.”

Drill core is logged and sampled in a secure core storage facility located near the Tabasquena claims by Ojocaliente, Mexico. Core samples from the program are cut in half, using a diamond cutting saw, and are sent to ALS Chemex in Zacatecas, Mexico, for sample preparation, then sent to ALS Chemex in Vancouver, Canada for assays. ALS Chemex is an accredited mineral analysis laboratory. All samples are analysed for gold using standard fire assay-AA (atomic absorption) techniques. The Company relies on ALS Chemex for QA/QC procedures and protocols for the assaying process.

Dr. Julio Pinto Linares is the qualified person for the Tabasquena project, since June 2018 when drilling began and throughout phase 2. Supervising drilling in the field for drill holes one through seven. He examined and reviewed core boxes in the field, supervised moving core boxes to the secure core storage facility located near the Tabasqueña mine. He was present during logging and sampling of the core, and kept control of all sample bags until delivered to the ALS Chemex Zacatecas, Mexico laboratory. He checked and was present during the QA/QC procedures and protocols during the preparation of the samples.

Julio Pinto Linares is a QP, Doctor in Geological Sciences with specialty in Economic Geology and Qualified Professional No. 01365 by MMSA., for Advance Gold and is the qualified person as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.

About Advance Gold Corp. (TSXV: AAX)

Advance Gold is a TSX-V listed junior exploration company focused on acquiring and exploring mineral properties containing precious metals. The Company acquired a 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico in 2017, and the Venaditas project, also in Zacatecas state, in April, 2018.

The Tabasquena project is located near the Milagros silver mine near the city of Ojocaliente, Mexico. Benefits at Tabasquena include road access to the claims, power to the claims, a 100-metre underground shaft and underground workings, plus it is a fully permitted mine.

Venaditas is well located adjacent to Teck’s San Nicholas mine, a VMS deposit, and it is approximately 11km to the east of the Tabasquena project, along a paved road.

In addition, Advance Gold holds a 13.5% interest on strategic claims in the Liranda Corridor in Kenya, East Africa. The remaining 86.5% of the Kakamega project is held by Acacia Mining (63% owned by Barrick Gold).

For further information, please contact:
Allan Barry Laboucan,
President and CEO
Phone: (604) 505-4753
Email: [email protected]

Corporate website: www.advancegold.ca

Advance Hub on Agoracom

$GGX.ca Gold Completes First 3 Diamond Drill Holes of the 2018 Fall Program on the Gold Drop Property – Southern British Columbia $K.ca $TUSK.ca

Posted by AGORACOM at 7:13 AM on Tuesday, November 6th, 2018

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564602/hub/ggx_large.png

  • Initial 3 drill holes of the 2018 Fall diamond drilling program currently underway
  • 2017 and 2018 drill intersections (core length) of 50.1 g/t gold over 2.05 meters; 54.9 g/t gold over 1.47 meters; and 4.59g/t gold over 16.03 meters at the COD Vein.
  • Drilling is focusing on the area of drill holes COD18-45 and COD18-46. The objective is to trace the gold mineralization at depth.

VANCOUVER,BRITISH COLUMBIA / November 6, 2018 / GGX Gold Corp. (TSX-V: GGX),(OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to announce it has completed the initial 3 drill holes of the 2018 Fall diamond drilling program currently underway at its Gold Drop Property, near Greenwood, southern British Columbia. The program is targeting the gold bearing COD Vein, with the focus being an area of previous high grade gold drill intercepts.Highlights for the Gold Drop Property, including COD Vein are:

  • 2017 and 2018 drill intersections (core length) of 50.1 g/t gold over 2.05 meters; 54.9 g/t gold over 1.47 meters; and 4.59g/t gold over 16.03 meters at the COD Vein.
  • Gold and silver bearing quartz veins in multiple regions of the property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).
  • Historic gold and silver production at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.

The diamond drilling program is underway testing the COD Vein. The program is following up on results from the 2018 Winter-Spring drill program which tested the southern extension of the COD Vein. Two of the southernmost holes, COD18-45 and COD18-46, intersected high grade gold. COD18-45intersected of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 mete rcore length including 167.5 g/t gold, 1,370 g/t silver and >500 g/t tellurium over 0.46 meter core length (News Release of August 15, 2018).COD18-46 intersected 54.9 g/t gold and 379 g/t silver over a 1.47 meter core length, including 223 g/t gold, 1,535 g/t silver and greater than 500 g/t telluriu mover a 0.30 meter core length (News Release of August 22, 2018).

The drilling is focusing on the area of drill holes COD18-45 and COD18-46. The objective is to trace the gold mineralization at depth. Further holes are also planned to test for the vein to the south of these intercepts.

The drill core is currently being split and securely packaged for shipment to ALS laboratories in Vancouver, B.C. There the core will be analyzed for gold by Fire Assay and for 48 elements by Four Acidand ICP-MS. Quality control (QC) samples are being inserted at regular intervals.

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]

InvestorRelations: Mr. Jack Singh,604-488-3900 [email protected]

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

The Crew

GGX Hub on Agoracom