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American Creek Reports That JV Partner Tudor Gold Confirmed the Presence of a Substantial New Gold Zone at the Treaty Creek Project, Golden Triangle $AMK.ca $TUE.ca $SEA.ca

Posted by AGORACOM at 9:17 AM on Friday, February 1st, 2019

JV partner Tudor Gold announced the designation of a new gold zone at Treaty Creek which has been named “Goldstorm”
The mineralization encountered to the northeast of Copper Belle has different characteristics, configuration and geometry.
“Goldstorm is a much larger system than Copper Belle at 300m wide and extends vertically for over 700m
Gold appears to be continuing towards the northeast and southeast and clearly becomes stronger in the northernmost hole, CB18-39 which returned 563.8 meters of 0.981 grams per tonne gold

Cardston, Alberta–(Newsfile Corp. – February 1, 2019) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) today reports that JV partner Tudor Gold announced the designation of a new gold zone at Treaty Creek which has been named “Goldstorm”. It was previously thought that gold mineralization identified by drilling northeast of the Copper Belle Zone was simply a northeast extension of that same zone, but after evaluating drill hole data from holes completed in 2016, 2017 and 2018, it appears that the mineralization encountered to the northeast of Copper Belle has different characteristics, configuration and geometry. While it is unclear whether the zones are genetically linked, these zones are physically separate. The surface drill hole location map at the end of this news release shows the location of both gold zones.

Tudor Gold Exploration Manager, Ken Konkin explains: “Goldstorm is a much larger system than Copper Belle, it is at least 300m wide and extends vertically for over 700m. The zone has been traced for approximately 500 meters along a northeastern azimuth. Gold mineralization appears to be continuing towards the northeast and southeast and clearly becomes stronger in the northernmost hole, CB18-39 which returned 563.8 meters of 0.981 grams per tonne gold. The upper portion of CB18-39 averaged 1.141 gpt gold over 280.5 meters and a lower zone in the same hole averaged 1.154 grams per tonne gold over 156 meters. This hole bottomed in mineralization and we will look at the option of re-entering the hole this year in attempts to extend the mineralization deeper. But the primary focus will be to extend the Goldstorm Zone along strike to the northeast and to the southeast as well.

Over the coming months, we hope to gain a better understanding of aspects that control gold mineralization. Re-examination of drill hole information has revealed the presence of a northwest dipping thrust fault that appears to define the upper contact of the Goldstorm system. The relationship of this fault to the formation of the mineral zone is an aspect of further study, as are the various styles of sulphide mineralization, silicification and alteration. Compilation and evaluation of this data will help in planning for the drilling campaign to be undertaken in the up-coming exploration season.”

The following table gives gold composite values over broad intervals from four drill hole sections that cut the Goldstorm Zone, incorporating results from diamond drill holes completed during 2016, 2017 and 2018. Low-grade gold mineralization occurs as a broad envelope which contains a horizon of stronger gold mineralization in the upper portion of the system. Furthermore, the drill hole sections demonstrate what appears to be the presence of a second, lower gold horizon. The corresponding sections 108+00 NE, 109+00 NE, 110+00 NE and 111+00 NE are displayed at the end of this news release.

Table I: Sections 108+00NE, 109+00NE, 110+00NE and 111+00NE Gold Composites

* All assay values are uncut and intervals reflect drilled intercept lengths.
* True widths of the mineralization have not been determined.

QA/QC

In 2016 and 2017, drill core samples were prepared and analyzed at Activation Laboratories Ltd. in Kamloops, BC. In 2018, drill core samples were prepared ALS Global’s Preparation Laboratory in Terrace, BC and assayed at ALS Global’s Geochemical Laboratory in North Vancouver, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. Activation Laboratories and ALS Global Laboratories quality systems comply with the requirements for the International Standards ISO 17025: 2005.

The Qualified Person for this new release for the purposes of National Instrument 43-101 is the Company’s Exploration Manager, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek Joint Venture

The Treaty Creek Project is a joint venture between Tudor Gold, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).

For more information about Treaty Creek click here.

About American Creek

American Creek is a mineral exploration company with a strong portfolio of gold and silver properties in British Columbia. Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

The Corporation recently completed a preliminary exploration program, including 2,000 meters of drilling, on its 100% owned Gold Hill project located in the Wild Horse River watershed of SE British Columbia. Assay results are pending.

The Corporation also holds the Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

Neither the 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 release.

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

All statements including, without limitation, statements relating to the Goldstorm Zone as well as any other future plans, objectives or expectations of the Corporation are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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Figure 1

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Figure 2

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Figure 3

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Figure 4

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Figure 6

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Tags: #CopperBelle, #Discovery, #Tudor, gold, Seabridge
Posted in American Creek Resources Ltd. | Comments Off on American Creek Reports That JV Partner Tudor Gold Confirmed the Presence of a Substantial New Gold Zone at the Treaty Creek Project, Golden Triangle $AMK.ca $TUE.ca $SEA.ca

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 9:49 AM on Thursday, January 31st, 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.

Tags: #goldentriangle, #smallcapstocks, #TreatyCreek, $SEA, gold, Seabridge
Posted in American Creek Resources Ltd. | Comments Off on 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

CLIENT FEATURE: Great Atlantic’s Keymet Base Metal Property Proving Success Comes through Drilling $MOZ.ca $SIC.ca

Posted by AGORACOM at 12:43 PM on Thursday, January 24th, 2019

https://tpc.googlesyndication.com/simgad/5752379710820707897

Drilling occurred in northwest region of the property, 1.5 km NW of the historic Keymet Mine.
Ky-18-14: 7.89% zinc equivalent over 34.3 meters (From 46.20 m to 80.50 m)
Elmtree 12 vein: System traced to approximately 145 meters depth, open at depth
Elmtree 12 vein: Strike length of approximately 110 meters and open along strike
The Company’s focus since acquiring the Keymet Property is the area of reported polymetallic veins with most work in the area of the Elmtree 12 copper-lead-zinc-silver bearing vein system.
At least seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property in addition to the polymetallic veins reported at the historic Keymet Mine

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FULL DISCLOSURE: Great Atlantic is an advertising client of AGORA Internet Relations Corp

Tags: #basemetals, #Fredericton, #Keymet, #NewBrunswick, gold
Posted in Great Atlantic Resources | Comments Off on CLIENT FEATURE: Great Atlantic’s Keymet Base Metal Property Proving Success Comes through Drilling $MOZ.ca $SIC.ca

Great Atlantic Applies for Diamond Drilling Permit Golden Promise Project, Central Newfoundland $GR.ca $SIC.ca $MOZ.ca

Posted by AGORACOM at 9:56 AM on Wednesday, January 23rd, 2019

Applied for a diamond drilling permit for the Company’s Golden Promise Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ)
In-fill drilling in west half of JMZ within conceptual pit-constrained area.
Explore along projected strike east of JNZ in area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold

VANCOUVER, BC / ACCESSWIRE / January 23, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has applied for a diamond drilling permit for the Company’s Golden Promise Gold Property, located in the central Newfoundland gold belt. The application is for up to 50 drill holes (up to 6,500 meters) in the northern half of the property at the Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ). Pending approval of the drilling permit and financing, the Company plans to begin drilling during spring 2019, with the following focus:

In-fill drilling in west half of JMZ within conceptual pit-constrained area.
Both shallow and deeper drilling in central-east region of JMZ.
Provide data for up-dated JMZ mineral resource estimate, engineering studies and studies of mineralizing controls.
Explore along projected strike east of JNZ in area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold – News Release of August 31, 2017).

The Company recently reported a National Instrument 43-101 mineral resource estimate for the JMZ (News Release of December 6, 2018; and Sedar-filed National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo.). The reported inferred mineral resource estimate for the JMZ is as follows:

Resource	Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
Total	1.1	9.3	10.4	357,500	106,400	119,900
Pit-Constrained	0.6	11.4	14.1	157,300	57,800	71,200
Underground	1.5	7.5	7.6	200,200	48,600	48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses

The majority of 2019 planned diamond drill holes at the Golden Promise Property will be in-fill drill holes in the west section of the JMZ in the conceptual pit-constrained area. Some drilling is planned for the central-east section of the JMZ. Historic drilling in this part of the JMZ is less concentrated versus the west section. Planned drilling in the central-east section of the JMZ will include near-surface drilling to test continuation of gold mineralization to near-surface, and some deeper holes. The drilling program will provide data for an up-dated JMZ mineral resource estimate, engineering studies and studies of mineralizing controls. Up to nine drill holes are planned testing continuation of the JNZ east along projected strike. The Company conducted trenching during 2017 along the projected east strike of the JNZ. The trenching generally failed to reach bedrock due to thick glacial till. However gold bearing quartz vein boulders were excavated from multiple trenches, with some boulder samples returning high grade gold (including 163.99, 208.51 and 332.67 g/t gold: News Release of August 31, 2017). A qualified person managed the 2017 trenching program and sampling and verified the analytical data.

The Golden Promise Property hosts multiple gold bearing quartz veins and is located in a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries in this region of the Exploits Subzone include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.

Sokoman Iron Corp. (TSXV.SIC) recently announced a high-grade gold discovery on its Moosehead Property, located approximately 40 kilometers east-northeast of the Golden Promise Property. The discovery was made during the 2018 diamond drilling program. A drill intersection of 44.96 g/t gold over 11.90 meters core length was reported including a 1.35 meters core length quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is located approximately 55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. Readers are warned that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

High-grade gold is reported in quartz veins and quartz vein boulders within the Golden Promise Property. Gold bearing quartz veins are reported in multiple areas of the property, including at least 5 gold bearing quartz vein systems reported in the Jaclyn Zone. Much of the reported historical exploration within the property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the JMZ, JNZ, Jaclyn South Zone, Jaclyn East Zone and Jaclyn West Zone. The majority of historic drilling (2002-2010) was conducted at the JMZ. Gold bearing veins and gold bearing float are reported in other regions of the property. These include the Linda/Snow White vein in the southern region and the Shawn’s Shot vein in the central region of the property.

As reported in the National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo., the JMZ was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts. The estimate is based on 220 assays that were composited to 135 one-meter long composites. A bulk density of 2.7 g/cm3 was used. Blocks in the model measured 15 meters east-west, 1-meter north-south and 10 meters vertically. The block model was not rotated. Grades were interpolated using inverse-distance squared (ID2) weighting and a search ellipse that measured 100 meters along strike, two meters across strike and 50 meters vertically. Grades were interpolated based on a minimum of two and a maximum of 10 composites with a maximum of one composite per hole so the grade of each block is based on at least two drillholes thereby demonstrating continuity of mineralization. For the capped mineral resource estimate, all assays that exceed 65 g/t gold were capped at 65 g/t gold. All resources were classified as Inferred because of the relatively wide spacing of drill holes through most of the zone.

Because part of the vein is near surface the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction. Generic mining costs of US$2.50/tonne and processing costs of US$25.00/tonne were used together with a gold price of US$1,300/ounce. A conceptual pit slope of 45Â° was assumed with no allowance for mining loss or dilution. Based on the combined hypothetical mining and processing costs and the assumed price of gold, a pit-constrained cutoff grade of 0.6 g/t was adopted. For the underground portion of the resource a cutoff of 1.5 g/t was assumed. The cutoff grade for the total resource is the weighted average of the pit-constrained and underground cutoff grades.

Jaclyn Main Zone Total Inferred Mineral Resource Estimate

Resource	Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
Total	1.1	9.3	10.4	357,500	106,400	119,900
Pit-Constrained	0.6	11.4	14.1	157,300	57,800	71,200
Underground	1.5	7.5	7.6	200,200	48,600	48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses

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

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.
On Behalf of the board of directors

“Christopher R Anderson“

Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up”
President CEO Director
604-488-3900 – Dir

Tags: #Discovery, #Drill, #GoldenPromise, #GreatAtlantic, #Marathon, #Smallcap, #Sokomon, gold
Posted in Great Atlantic Resources | Comments Off on Great Atlantic Applies for Diamond Drilling Permit Golden Promise Project, Central Newfoundland $GR.ca $SIC.ca $MOZ.ca

Monarques Gold $MQR.ca Produces 4,417 Ounces of #Gold and Generates $11.4 million in Revenue in its Second Quarter $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 9:18 AM on Wednesday, January 23rd, 2019

Production activities at the Beaufor Mine extended until April 2019, taking place in known stopes with a smaller workforce
Sustained positive contribution of custom milling at the Camflo mill
During the quarter, successfully completed a positive feasibility study on its Wasamac deposit (see feasibility study), which can be summarized as follows:
- Projected annual average gold production of 142,000 ounces over 11 years
- Pre-tax NPV of $522 million
- Pre-tax IRR of 23.6%
- Production cash costs of US$550 per ounce

MONTREAL, Jan. 23, 2019 –Â MONARQUES GOLD CORPORATION (“Monarques” or theÂ “Corporation”) (TSX:Â MQR) (OTCMKTS:Â MRQRF) (FRANKFURT:Â MR7) is pleased to report its production results and corporate highlights for the second quarter ended December 31, 2018. Amounts are in Canadian dollars unless otherwise indicated.

Production highlights

Monarques produced 4,417 ounces of gold in the second quarter, up 23% from the first quarter but down 19% from 5,444 ounces last year.
The Corporation recorded revenues of $11.4 million in the second quarter from the sale of 5,169 ounces of gold at an average price of $1,656 per ounce (US $1,254), combined with revenues from custom milling operations, which were up 2% from the first quarter and more than 71% year over year.

“These positive results for Monarques in the second quarter reflect a number of factors, including better grades from known stopes at the Beaufor Mine, higher gold prices and the sustained contribution of custom milling activities at Camflo,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “We will continue mining the ore remaining in the known stopes at Beaufor over the next few months, which should allow us to continue producing until April 2019. To reduce costs and in anticipation of the upcoming suspension of production activities at Beaufor, we stopped doing exploration and development work a few months ago and currently have 51 employees at the Beaufor Mine, compared to approximately 130 employees prior to the announcement of the suspension. I would also like to thank our employees for their outstanding performance during the quarter.”

Production statistics

Three months ended December 31, 2018	Three months ended December 31, 2017	Six months ended December 31, 2018	Six months ended December 31, 2017
Beaufor Mine
Ore processed (tonnes)	26,079	35,005	55,454	35,005
Gold recovery (%)	98.50	98.68	98.26	98.68
Ounces produced	4,417	5,444	8,325	5,444
Ounces sold	5,169	5,444	8,441	5,444

Corporate highlights

On October 23, 2018, the Corporation provided new results from the Probe Metals Inc. 2018 drilling program on the Monique property, located near Val-d’Or, Quebec (see press release).
On December 3, 2018, the Corporation reported positive results from the feasibility study prepared by BBA Inc. for the Wasamac Gold project (see press release).
On December 13, 2018, Monarques announced that it had closed a nonâ€brokered private placement of an aggregate of 3,029,606 flowâ€through shares at a price of $0.33 per flow-through share, for aggregate gross proceeds of $999,769.98 (see press release).
On December 18, 2018, the Corporation reported that it had consolidated its position around its Wasamac property through an exchange of mineral claims with Globex Mining Enterprises Inc. (see press release).
On January 15, 2019, the Corporation reported additional positive assay results from the 2018 diamond drilling program at its wholly owned Croinor Gold project 50 kilometres east of Val-d’Or, QuÃ©bec (see press release).

The technical and scientific content of this press release has been reviewed and approved by Marc-AndrÃ© Lavergne, P.Eng., the Corporation’s qualified person under National Instrument 43â€‘101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corporation (TSX: MQR) is an emerging gold mining company focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 kmÂ² of gold properties (see map), including the Wasamac deposit (measured and indicated resource of 2.6 million ounces of gold), the Beaufor Mine, the Croinor Gold (see video), McKenzie Break and Swanson advanced projects and the Camflo and Beacon mills, as well as other promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill.

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 nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.

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Tags: gold, gold demand, monarques, tsx-v
Posted in Monarques Gold | Comments Off on Monarques Gold $MQR.ca Produces 4,417 Ounces of #Gold and Generates $11.4 million in Revenue in its Second Quarter $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

$LAB Labrador Gold Announces Significant Gold Anomalies At Its Ashuanipi Project $SIC.ca

Posted by AGORACOM at 11:08 AM on Tuesday, January 22nd, 2019

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Two regional scale gold in soil and lake sediment anomalies trending 15km north-south and 14km east-west
The property covers 892 square km of ground prospective for gold.
7,458 soil samples were taken on 18 grids at a 100m line spacing and 25m sample spacing across the Ashuanipi north claim block.
Results of analyses show significant gold anomalies in all but two of the 18 grids and confirm the 15km north-south anomalous trend

VANCOUVER, British Columbia, Jan. 22, 2019 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX-V: LAB) (â€œLabrador Goldâ€ or the â€œCompanyâ€) is pleased to announce results from detailed gold exploration of its Ashuanipi project in Labrador and Quebec. The exploration program at Ashuanipi followed up on successful results of 2017 work that outlined two regional scale gold in soil and lake sediment anomalies trending 15km north-south and 14km east-west. The property covers 892 square kilometres of ground prospective for gold.

A total of 7,458 soil samples were taken on 18 grids at a 100m line spacing and 25m sample spacing across the Ashuanipi north claim block. In addition, 61 reconnaissance soil lines were taken over claims staked in Labrador and Quebec following the results of the 2017 work. Results of analyses show significant gold anomalies in all but two of the 18 grids and confirm the 15km north-south anomalous trend (See figures at www.labradorgold.com). Analyses of the soils range from below detection limit, <0.5 parts per billion (ppb) to 8.97g/t Au, with 67 samples containing more than 0.1g/t Au and three samples containing more than 1g/t Au in the soil. In addition, 749 soil samples with gold concentrations greater than the 90^th percentile are considered anomalous and require detailed follow up.

Gold anomalies do not appear to correlate with specific rock types, at least on a regional scale, but are often associated with magnetic highs which may be indicative of a structural control on the location of the gold.

â€œResults of the detailed soil sampling at Ashuanipi has confirmed the regional nature of the gold anomalies and indicted specific areas where gold values are elevated above 0.1g/t and possibly related to near surface gold enrichment,â€ said Roger Moss, President and Chief Executive Officer of Labrador Gold. â€œThese anomalies enable us to focus our exploration at specific sites along the regional anomaly to rapidly assess the potential for gold mineralization. Work during the coming field season will include detailed mapping, rock sampling and, if warranted, eventual drill testing of these anomalous areas. We anticipate an exciting field season at Ashuanipi tracking down the source of these significant gold anomalies.â€

â€œLast yearâ€™s soil sampling program further resolved the anomalous gold trend down to the 25-metre scale,â€ added Shawn Ryan, Technical Advisor to Labrador Gold. â€œThe size and intensity of the gold targets clearly explain the large regional gold in lake sediment anomaly and with 164 samples running over 50 ppb Au, 67 samples over 100 ppb Au and a high of 8,973 ppb Au it appears that we truly have a robust mineralized system. These areas will be the focus of aggressive exploration next season to identify high quality drill targets.â€

The company also announces that its major shareholder, Plethora Precious Metals Fund (â€˜Plethoraâ€) has exercised 3,125,000 warrants at an exercise price of $0.13. Plethora now holds 9,750,000 shares of the company representing 17.45% of the issued and outstanding shares. We appreciate the continued support of Plethora and their confidence in the exploration strategy of our technical team.

All samples were dried in the field before being shipped to the Bureau Veritas preparation laboratory in Timmins, Ontario, with analyses completed at the Vancouver laboratory. Samples were analyzed for gold and another 36 elements by ICP-MS (inductively coupled plasma-mass spectrometry) following an aqua regia digestion. The company routinely submits blanks, field duplicates and certified reference standards with batches of samples to monitor the quality of the analyses.

Roger Moss, PhD., P.Geo., is the qualified person responsible for all technical information in this release.

About Labrador Gold:

Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas. In 2017 Labrador Gold signed a Letter of Intent under which the Company has the option to acquire 100% of the 896 square kilometre (km²) Ashuanipi property in northwest Labrador and the Hopedale (458 km²) property in eastern Labrador.

The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25^th 2018 for more details). Labrador Gold now controls approximately 57km strike length of the Florence Lake Greenstone Belt.

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the 2017 reconnaissance exploration program following up the lake sediment anomalies show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The anomalies appear to be broadly associated with magnetic highs and do not show any correlation with specific rock types on a regional scale (see news release dated January 18^th 2018). This suggests a possible structural control on the localization of the gold anomalies. Historical work 30 km north on the Quebec side led to gold intersections of up to 2.23 grams per tonne (g/t) Au over 19.55 metres (not true width) (Source: IOS Services Geoscientifiques, 2012, Exploration and geological reconnaissance work in the Goodwood River Area, Sheffor Project, Summer Field Season 2011). Gold in both areas appears to be associated with similar rock types.

The Company has 55,864,022 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:

Roger Moss, President and CEO Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

Tags: #Anomalies, #Ashuanipi, #LAB, #Labrador, #Newfoundland, #SoilSample, $LAB.ca, gold
Posted in Labrador Gold | Comments Off on $LAB Labrador Gold Announces Significant Gold Anomalies At Its Ashuanipi Project $SIC.ca

$GGX.ca Gold Intersects 107 g/t Gold and 880 g/t Silver over 6.90 Meters Diamond Drilling Program at COD Vein – On the Gold Drop Property – Southern British Columbia $TUSK.ca $GZD.ca $K.ca

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.

(To view the full-size image, please click here)

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.

(To view the full-size image, please click here)

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.

(To view the full-size image, please click here)

(To view the full-size image, please click here)

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]

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

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

Tags: #Discovery, #GreenwoodBC, #Resources, #silver, #smallcapstocks, #tellerium, #vein, $GGX, gold
Posted in GGX Gold Corp. | Comments Off on $GGX.ca Gold Intersects 107 g/t Gold and 880 g/t Silver over 6.90 Meters Diamond Drilling Program at COD Vein – On the Gold Drop Property – Southern British Columbia $TUSK.ca $GZD.ca $K.ca

$GR.ca Great Atlantic Drilling Intersects 7.89% Zinc EQ over 34.3 Meters 100% Owned Keymet Base Metal – Precious Metal Project $SIC.ca $LAB.ca

Posted by AGORACOM at 9:18 AM on Friday, January 18th, 2019

Drill results for holes 10 – 22 completed during 2018 exploration
Drilling conducted 1.5 km northwest of the historic Keymet Mine
Ky-18-14: 7.89% zinc equivalent over 34.3 m

GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received drill core analytical results for 13 holes (Ky-18-10 to Ky-18-22) completed during the 2018 diamond drilling program at its Keymet Base Metal – Precious Metal Property, located near Bathurst, northeast New Brunswick. The program was conducted in the northwest region of the property approximately 1.5 km northwest of the historic Keymet Mine. Highlights include (core length):

Ky-18-14: 7.89% zinc equivalent over 34.3 meters (From 46.20 m to 80.50 m)
Ky-18-10: 10.91% zinc equivalent over 3.27 meters (From 85.03m to 88.30 m)
Elmtree 12 vein: System traced to approximately 145 meters depth, open at depth
Elmtree 12 vein: Strike length of approximately 110 meters and open along strike

Vein with semi-massive sulfides in Drill Hole Ky-18-14 at Elmtree 12 Vein System

The 2018 drilling program (13 holes totalling 1,484 meters) was conducted in the northwest region of the Keymet property. Eleven drill holes (Ky-18-10 to Ky-18-18, Ky-18-21 and Ky-18-22) tested the Elmtree 12 vein system as in-fill drilling and along strike with some holes testing deeper than previous drilling. Company management speculate the Elmtree 12 vein system to be striking approximately north-south and sub-vertical. Great Atlantic had previously drilled six holes in the Elmtree 12 vein system during 2015 and 2017, intersecting zinc, copper, lead and silver bearing polymetallic veins (News Releases of February 23, 2016, December 20, 2017 and March 2, 2018). Two drill holes (Ky-18-19 and Ky-18-20) tested the continuation of another base metal and silver bearing vein southwest of the Elmtree 12 vein system. This vein was discovered during 2017 drilling (Ky-17-8: 18.8% Zn, 3.5% Cu and 576 g/t Ag over 1.27 meters core length – News Release of March 2, 2018).

Sulfide Bearing Veins in Drill Hole Ky-18-14 at Elmtree 12 Vein System

Intersections from 2015, 2017 and 2018 diamond drilling programs in the area of the Elmtree 12 vein system include the following (core length):

Hole ID	From (m)	To (m)	Length (m)	Zn Equiv. (%)	Zn (%)	Cu (%)	Pb (%)	Ag (g/t)	Au (g/t)
2015 Diamond Drill Holes:
Ky-15-3	30.10	32.20	2.10		3.28
Ky-15-3	60.80	62.60	1.80	22.77	16.68	1.11	0.44	152
Ky-15-4	90.07	94.35	4.28	10.44	8.68	0.29	0.2	44.8
2017 Diamond Drill Holes:
Ky-17-5	81.00	81.80	0.80	20.24	13.65	1.20	0.45	166
Ky-17-6	119.45	131.50	12.05	8.31	3.54	0.92	0.28	115.6
Ky-17-6	incl. 119.45	124.40	4.95	16.05	7.67	1.57	0.48	209.3
Ky-17-6	148.80	149.75	0.95						4.9
Ky-17-6	164	183.96	19.96	0.64
Ky-17-8	31.00	32.27	1.27	39.90	18.8	3.55	1.16	576
Ky-17-9	45.75	47.13	1.38	6.29	4.29	0.29	0.23	55.4
2018 Diamond Drill Holes:
Ky-18-10	85.03	88.30	3.27	10.91	7.91	0.53	0.21	77.2
Ky-18-10	incl. 85.74	86.74	1.00	25.59	16.80	1.60	0.55	223
Ky-18-11	108.70	109.40	0.70	4.95	3.89	0.11	0.14	33.9
Ky-18-12	78.82	84.55	5.73	7.88	4.07	1.19	0.23	39.2
Ky-18-12	incl. 78.82	79.64	0.82	14.03	10.90	1.07	0.09	24.8
Ky-18-12	incl. 83.35	84.55	1.20	21.65	8.90	3.81	0.60	157
Ky-18-13	80.00	81.00	1.00		1.76
*Ky-18-14*	*46.20*	*80.50*	*34.30*	*7.89*	*3.29*	*0.88*	*0.26*	*112.6*
Ky-18-14	incl. 46.20	49.20	3.00	56.23	9.04	9.19	2.16	1158
Ky-18-14	incl. 62.48	63.00	0.52	18.49	15.45	0.96	0.13	32
Ky-18-14	incl. 67.00	67.60	0.60	13.59	13.05	0.09	0.05	14
Ky-18-14	incl. 76.00	80.50	4.50	14.27	12.08	0.31	0.30	59.8
Ky-18-16	77.20	77.72	0.52	33.48	4.47	7.85	0.72	478
Ky-18-17	10.43	11.00	0.57	11.72	6.37	0.10	6.08	14.5
Ky-18-17	67.00	67.50	0.50	7.23	6.05	0.21	0.15	27.5
Ky-18-18	72.50	73.50	1.00	2.74	2.04	0.09	0.11	19.6
Ky-18-19	13.02	13.72	0.70		1.05
Ky-18-20	32.00	32.28	0.28	10.75	2.39	1.82	0.87	164
Ky-18-21	145.50	147.00	1.50	8.26	2.31	0.89	0.81	156.6

Zinc equivalent (% Zn Equiv.) values for drill hole intersections are based on the following metal prices (as of January 16, 2019): Zinc US$2,467 / tonne (US$1.119 / lb.), Lead US$1,953 / tonne (US$0.886 / lb.), Copper US$5,881 / tonne (US$2.668 / lb.) and Silver US$15.605 per troy ounce. Metal recoveries of 100% were applied in the zinc equivalent calculations. The zinc equivalent calculation is as follows: Zn Equiv. = 100 x ((Ag Price in grams x Ag Grade) + (Pb Price x 2204.6 x Pb Grade (%) / 100) + (Cu Price x 2204.6 x Cu Grade (%) / 100) + (Zn Price x 2204.6 x Zn Grade (%) / 100)) / Zn Price x 2204.6.

Drill holes Ky-18-10 to Ky-18-13 were in-fill holes drilled east to slightly southeast at 45 to 57 degree dips. Drill holes Ky-18-14, Ky-18-21 and Ky-18-22 were collared closer to the vein system and at steeper dips (78-83 degrees) to intersect the vein system at a shallower angle to test continuity of mineralization along dip, locate possible ore shoots and gain a structural understanding of the vein’s vertical and horizontal orientations / extensions for targeted follow-up drilling. Hole Ky-18-21, drilled under Ky-18-14, tested the zone deeper. The mineralized intersection at 145.5-147 meters in this hole is the deepest intersection by the Company in the Elmtree 12 vein system and indicates the system is open at depth at this location. This interval also returned anomalous values for cobalt, including 0.07% Co over 1.0 meter core length.

The meta-sediments in the lower half of Ky-18-22 are intruded my mafic dykes, possibly cutting the vein system.

Drill holes Ky-18-15 and Ky-18-16 tested the extension of the Elmtree 12 vein system to the north. Ky-18-15 was drilled slightly northwest (approximate 55 degree dip). Ky-18-16 was drilled slightly southwest (approximate 73 degree dip). The metal rich intersection in Ky-18-16 indicates the mineralized system is open to the north at slightly deeper levels.

Drill holes Ky-18-17 and Ky-18-18 tested the Elmtree 12 vein system south of previous Company drilling. Mineralized veins and / or alteration was intersected in both holes, indicating the mineralized system to be open to the south.

Drill holes Ky-18-19 and Ky-18-20 were located southwest of the known extent of the Elmtree 12 vein system. These holes tested the extension of the high grade vein intersected in 2017 hole Ky-17-8. Ky-18-19 was drilled slightly northwest at an approximate 66 degree dip to intersect the vein deeper. Hole Ky-18-19 did not confirm the down-dip extension of the mineralized vein. Hole Ky-18-20 was drilled southwest at an approximate 55 degree dip. This hole intersected a near-surface narrow copper, lead, zinc and silver bearing zone (approximate 26 meters vertical depth) approximately 10 meters south of the high grade vein intersection of hole Ky-17-8.

Drill core from the 2018 program was geologically logged and sampled at a secure location in Miramichi, New Brunswick. Drill core samples were submitted to ALS Canada for gold analysis (Fire Assay-AA) and for 33 element analysis (including copper, lead, zinc and silver) by Four Acid and ICP-AES. Samples exceeding 1,500 g/t silver were re-analyzed for silver by Fire Assay-Gravimetric Finish. Quality Control samples were included as part of the sample submission. A Qualified Person verified the 2015, 2017 and 2018 exploration data for Great Atlantic. The Qualified Person managed these exploration programs at the Keymet Property.

Historic Keymet Mine (1950s)

The Company’s focus since acquiring the Keymet Property has been the northwest region of the property in the area of reported polymetallic veins with most work in the area of the Elmtree 12 copper-lead-zinc-silver bearing vein system. At least seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property in addition to the polymetallic veins reported at the historic Keymet Mine (source: New Brunswick Dept. of Energy and Resource Development Mineral Occurrence Database). The Keymet Mine operated during the mid-1950s, producing copper, lead, zinc and silver. Production at this mine was terminated due to a fire at the site.

Significant precious metal – base metal deposits are reported within 4 km of the Keymet Property. The Elmtree gold deposits are located within 3 km west-southwest of the Keymet Property. The historic Nigadoo River Mine is located approximately 4 km south of the Keymet Property. Polymetallic massive sulfide veins were mined at the Nigadoo River Mine during the 1960s and 1970s with copper, lead, zinc and silver being produced. The N.B Dept. of Energy and Resource Development Mineral Occurrence Database reports shaft depth and production totals at this historic mine. Production during 1967-1971 is reported as 1.126 million tonnes at 2.2% Pb, 2.1% Zn, 0.24% Cu and 92.57 g/t Ag. Production during 1973-1977 (after a 2 year closure) is reported to be 0.733 million tonnes (only partial metal grades reported). The shaft is reported to at least 470 meter deep.

The Nash Creek Zinc Project of Callinex Mines Inc. is located approximately 15 kilometers northwest of the Keymet Property. Callinex Mines Inc. recently filed a 43-101 Technical Report (effective date March 21, 2018) which was completed by Tetra Tech Canada Inc. The report includes updated mineral resource estimates for the Nash Creek Zinc Project (Hickey and Hayes Zones) using a 1.5% Zn Equiv. cut-off. This included 13,592,000 tonnes indicated estimated resources at 2.68% Zn, 0.58% Pb and 17.8 g/t Ag; and 5,929,000 tonnes inferred estimated resources at 2.68% Zn, 0.47% Pb and 13.9 g/t Ag (source: Callinex Mines Inc. Website).

Readers are warned that mineralization at the Elmtree gold deposits, historic Nigadoo River Mine and Nash Creek Zinc Project is not necessarily indicative of mineralization on the Keymet Property.

Access to the Keymet Property is excellent with paved roads transecting the property, including a provincial highway. The property covers an area of approximately 3,400 hectares and is 100% owned by the Company.

Readers are warned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.

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

On Behalf of the board of directors

“Christopher R Anderson“

Mr. Christopher R Anderson ” Always be positive, strive for solutions, and never give up “
President CEO Director
604-488-3900 – Dir

Tags: #Basemetal, #GreatAtlantic, #NewBrunswick, #Resources, #smallcapstocks, gold, zinc
Posted in Great Atlantic Resources | Comments Off on $GR.ca Great Atlantic Drilling Intersects 7.89% Zinc EQ over 34.3 Meters 100% Owned Keymet Base Metal – Precious Metal Project $SIC.ca $LAB.ca

Monarques Gold $MQR.ca Intersects 74.23 g/t Au Over 2.0 Metres and 13.85 g/t Au Over 1.0 Metre at its Croinor Gold Project $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 9:20 AM on Tuesday, January 15th, 2019

Hole CR-18-659 returned a very impressive 74.23 g/t Au over 2.0 metres, including 139.50 g/t Au over 1.0 metre.
This intersection is just below the historic 500-foot level drift, 150 metres below surface, and is 30 metres east and 30 metres down dip from two planned stopes, with no other holes between the stopes and this hole

Continuous positive assay results from initial drilling program on the Croinor Gold deposit

MONTREAL, Jan. 15, 2019 –Â MONARQUES GOLD CORPORATION (“Monarques” or theÂ “Corporation”) (TSXV: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report additional positive assay results from the 2018 diamond drill program at its wholly owned Croinor Gold project 50 kilometres east of Val-d’Or, QuÃ©bec. The initial 20,000-metre program started in March 2018 and focused on the expansion and infilling of the Croinor Gold deposit. The program was completed in early September with a total of 19,935 metres of core drilled in 89 holes. This last phase of the initial program shows the results from a total of 3,514 metres of drilling in 13 holes (see longitudinals: figure 1, figure 2 and figure 3). Assays have been received for all 89 holes (see table below and press releases dated July 10, 2018, September 5, 2018 and October 4, 2018, for a compilation of the drilling program results).

The results obtained from the initial program warranted additional drilling on Croinor Gold. Drilling continued with one rig on the property and a second drill was added on September 17, allowing Monarques to drill an additional 6,645 metres before the winter freeze. The results of the additional drilling will be released soon.

Hole CR-18-659 returned a very impressive 74.23 g/t Au over 2.0 metres, including 139.50 g/t Au over 1.0 metre. This intersection is just below the historic 500-foot level drift, 150 metres below surface, and is 30 metres east and 30 metres down dip from two planned stopes, with no other holes between the stopes and this hole. This hole has the potential to connect the two stopes and could substantially increase the tonnage and grade of the resource at the 500-foot level.

Like Hole CR-18-659, Hole CR-18-660 is also an infill hole drilled between two planned stopes that are 60 metres apart. Hole CR-18-660 returned values of 7.77 g/t Au over 2.1 metres, including 11.05 g/t Au over 1.1 metres. This hole also connects the two stopes, increasing the grade and tonnage in this part of the mine. This intersection is 80 metres below the surface and is just below the 250-foot level of the old workings.

Hole CR-18-662 was drilled between four planned stopes and returned values of 5.55 g/t Au over 2.5 metres, including 6.74 g/t Au over 1.3 metres just below the 250-foot level, 90 metres below surface. This hole could connect the four stopes together, again increasing the grade and tonnage in this area of the mine.

Hole CR-18-663 was drilled in the eastern part of the deposit. This hole intersected two zones, the first on the 250-foot level and the second below the 500-foot level. The first zone returned 4.69 g/t Au over 20.9 metres, including 10.38 g/t Au over 1.6 metres and 10.71 g/t Au over 1.9 metres. The hole was drilled east of the most easterly planned stope, thereby enlarging the width of the stope eastward by nearly 20 metres; most planned stopes at Croinor Gold are two metres wide. The second zone is below the historic workings, 215 metres below surface, and returned 13.85 g/t Au over 1.0 metre. This hole was drilled between two holes drilled in 2011: the hole to the west is 43 metres away and returned 3.26 g/t Au over 0.9 metre and the hole to the east is 75 metres away and returned 1.81 g/t Au over 1.0 metre. These values show that the deposit is still open to the east, to the west and at depth, and that this area merits further drilling.

Holes CR-18-664 and CR-18-665 are exploration holes drilled approximately three kilometres to the west of the Croinor Gold deposit in volcanic rocks and another narrow diorite sill. Both holes encountered visible gold, but only Hole CR-18-665 showed significant values, returning 12.20 g/t Au over 0.5 metre. An intersection with visible gold in Hole CR-18-664 returned 0.76 g/t Au over half a metre. These are encouraging results for pure exploration holes in an area that has never been drilled. Follow-up drilling has been done between these holes and assays will be released soon.

Holes CR-18-666 through CR-18-670 are exploration holes that were drilled to test induced polarization anomalies.

“These impressive results from the infilling diamond drilling phase of the program demonstrate that the Croinor Gold deposit has room to grow the resource even more, at depth and within the deposit itself,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “The goal of the additional 6,645-metre drilling program, which was completed before the winter freeze, was to increase the tonnage of the Croinor Gold deposit, as well as to drill around the periphery of the deposit to follow up on positive assay results to extend the resource to the west, where it is still open. We should be able to release the results of the additional drilling in the coming weeks.”

Last set of results from the Croinor Gold initial drilling program

Hole	Length	From	To	Width*	Grade	Area
Number	(m)	(m)	(m)	(m)	(g/t Au)	Targeted
CR-18-659	232	138.3	139.0	0.7	4.08	Deposit
163.4	165.4	2.0	74.23
*Including*	164.4	165.4	1.0	139.50
CR-18-660	214	91.2	92.2	1.0	3.27	Deposit
99.0	101.1	2.1	7.77
*Including*	100.0	101.1	1.1	11.05
CR-18-661	232	104.7	105.9	1.2	2.57	Deposit
CR-18-662	280	3.1	3.6	0.5	4.05	Deposit
100.3	102.8	2.5	5.55
Including	101.5	102.8	1.3	6.74
111.3	112.2	0.9	4.59
CR-18-663**	331	113.1	114.0	0.9	8.75	Deposit
136.0	156.9	20.9	4.69
Including	136.0	142.0	6.0	7.54
*Including*	149.4	151.0	1.6	10.38
*Including*	155.0	156.9	1.9	10.71
268.0	270.0	2.0	6.57
275.0	276.0	1.0	13.85
CR-18-664	250	157.2	158.2	1.0	2.12	Exploration
224.2	224.7	0.5	0.76
CR-18-665	250	110.9	111.4	0.5	12.20	Exploration
CR-18-666***	151	13.8	15.2	1.4	0.01	Exploration
CR-18-667	304	No significant values	Exploration
CR-18-668	301	88.0	89.0	1.0	0.25	Exploration
CR-18-669	304	95.0	96.0	1.0	0.23	Exploration
CR-18-670	301	193.7	195.0	1.3	0.27	Exploration
CR-18-671	364	228.0	229.1	1.1	6.47	Deposit

*The width shown is the core length. True width is estimated to be 90-95% of the core length.

**Hole CR-18-663 was drilled down dip, parallel to the diorite, to test for the presence of multiple directions of quartz veining. The width shown is the core length. True width is estimated to be 30-35% of the core length.

***Hole CR-18-666 is a vertical hole, to test the presence of an interpreted flat-lying vein. The width shown is the core length. True width is estimated to be 90-95% of the core length.

The Croinor Gold deposit is hosted in a sheared diorite sill three kilometres long by 60-120 metres wide, striking 295 degrees north and dipping 50-65 degrees to the north. The mineralization is associated with pyrite found within and adjacent to quartz-tourmaline veins.

Sampling normally consists of sawing the core into equal halves along its main axis and shipping one of the halves to the ALS Minerals laboratory in Val-d’Or, Quebec for assaying. The samples are crushed, pulverized and assayed by fire assay, with atomic absorption finish. Results exceeding 3.0 g/t Au are re-assayed using the gravity method, and samples containing visible gold grains are assayed using the metallic sieve method. Monarques uses a comprehensive QA/QC protocol, including the insertion of standards, blanks and duplicates.

The technical and scientific content of this press release has been reviewed and approved by Ronald G. Leber, P.Geo., the Corporation’s qualified person under National Instrument 43-101.

ABOUT MONARQUES GOLD CORPORATION

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 nor its Regulation Services Provider (as that term is defined in the policies of the TSX accepts responsibility for the adequacy or accuracy of this press release.

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SOURCE Monarques Gold Corporation

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Posted in Monarques Gold | Comments Off on Monarques Gold $MQR.ca Intersects 74.23 g/t Au Over 2.0 Metres and 13.85 g/t Au Over 1.0 Metre at its Croinor Gold Project $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

GGX Gold Intersects 129 G/T Gold and 1,154 G/T Silver over 7.28 Meters Diamond Drilling Program at COD Vein $GGX.ca $TUSK.ca $GZD.ca

Posted by AGORACOM at 8:16 AM on Tuesday, January 15th, 2019

129 g/t gold and 1,154 g/t silver over 7.28 meter core length (majority of samples greater than the upper 500 g/t analytical limit for tellurium).
High-grade quartz vein intersection is near-surface (18 to 23 meters vertical depth).
Part of exploratory shallow drilling designed to define high-grade mineralization and expand the understanding of controls on mineralization.
Telluride mineralization is common in vein intersection. Visible gold in one section.

VANCOUVER, BC / ACCESSWIRE / January 11, 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 drill holes COD18-65 to COD18-67 completed during the November 2018 diamond drilling program at its Gold Drop Property near Greenwood, southern British Columbia. COD18-67 intersected near-surface high-grade gold and silver with significant tellurium in the COD quartz vein. COD18-67 tested the southwest region of the COD vein in an area of prior high-grade gold drill intercepts. The mineralized COD vein system has been traced by drilling and / or trenching for approximately 400 meter strike length and is open to the northeast, at depth and possibly to the southwest. Highlights for COD18-67 include:

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 in 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 (News Releases of August 15 and 22, 2018). These 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).

Approximate 20 meter (COD18-45) to 23 meter (COD18-46) vertical depth of high grade gold and silver mineralization.

Drill holes COD18-45 and COD18-46 were drilled at 45 and 50 degree dips to the west from the same site to intersect the northeast-southwest striking COD vein.

Intersections exceeding 1 g/t gold for drill holes COD18-65 to COD18-67 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
COD18-66	16.35	16.75	0.40	1.02	6.22	3.46	Quartz veinlet & altered wall rock.
COD18-66	22.96	23.90	0.94	6.97	46.8	34.4	Quartz vein
*COD18-67*	*23.19*	*30.47*	*7.28*	*129.1*	*1,154.9*	*Quartz vein with +/- tellurides*
*COD18-67*	*incl. 23.58*	*23.95*	*0.37*	*106*	*1250*	*>500*	*Quartz vein with tellurides & VG*
*COD18-67*	*incl. 24.50*	*27.63*	*3.13*	*232.1*	*2,001.1*	*>500*	*Quartz vein with +/- tellurides*
*COD18-67*	*incl. 29.70*	*30.47*	*0.77*	*143*	*1,372.9*	*>500*	*Quartz vein with tellurides*

Samples of felsic intrusive wall rock adjacent to the high grade vein in COD18-67 returned low grade gold values of 0.77 g/t (22.00-23.19 meters) and 0.57 g/t (30.47-32.72 meters).

All of the November 2018 drill holes were collared within 25 meters of 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. 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.

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 an intersection of 28.0 g/t gold, 424.7 g/t silver and 150.4 g/t tellurium over 1.17 meter core length in COD18-63.

Gold and silver bearing quartz veins occur in multiple regions on the 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.

“With each additional drill program, we are significantly improving the gold grade mineralization of the COD Vein. We continue to expand the known strike length of the mineralized vein system, which remains open in several directions. With another new near-surface high-grade gold-zone and increasing strike length, we are very satisfied with the results generated and optimistic on the gold potential of the Gold Drop project.” comments Barry Brown, President.

On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
[email protected]

Tags: #BC, #Discovery, #Greenwood, #silver, #tellerium, $GGX, gold
Posted in GGX Gold Corp. | Comments Off on GGX Gold Intersects 129 G/T Gold and 1,154 G/T Silver over 7.28 Meters Diamond Drilling Program at COD Vein $GGX.ca $TUSK.ca $GZD.ca

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