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$AAX.ca Advance Gold Update On Exploration Plans

Posted by AGORACOM at 1:31 PM on Thursday, December 6th, 2018

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  • Phase 2 identified 30 epithermal veins that remain open at depth and along strike
  • 1000m to the northeast lies the SG3 target area,  which is a feeder system type target.
  • Plan to drill deeper into the vein system to look for the boiling point in epithermal veins

Vancouver, British Columbia–(Newsfile Corp. – December 6, 2018) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is pleased to provide an update on exploration plans for its Tabasquena project near Ojocaliente, Mexico. Based on the phase 2 drilling program, and historical work completed by the geological survey of Mexico, a dual track drilling program is being planned.

The recently completed drilling in phase 2, has identified a series of epithermal veins (more than 30), which have only been drilled above the boiling point and remain open at depth and along strike. Approximately 1000 metres to the northeast, the SG3 target area, is a structural intersection mapped and sampled by the geological survey of Mexico which is a feeder system type target.

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Now that we have established that there is a large cluster of epithermal veins at Tabasquena, we are also eager to explore for feeder system type targets. Our plan to drill deeper into the vein system to look for the boiling point in our epithermal veins, combined with stepping out into other areas of the property gives us a good chance to open things up.

“Past work by the geological survey of Mexico, at the SG3 target area, has mapped a key structural intersection to the northeast of the vein system and a coincident gold anomaly.

“The more work we do on the property, the more it becomes clear that we are looking at a large epithermal vein system, and other compelling targets on the project. We are looking forward to more drilling to test these targets in our phase 3 drilling.”

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.

Other News

The Company is cancelling the previously announced, see November 2/2018 news release, private placement. It proposes to undertake a non-brokered private placement of units at a price of $0.06 (6 cents) per unit for gross proceeds of up to $300,000. Each unit shall consist of one common share in the capital of the company and one common share purchase warrant.

Each warrant shall entitle the holder to purchase one common share at a price of $0.08 (8 cents) per share at any time within 24 months of the date of issuance. All securities to be issued under this private placement will be subject to a four-month resale restriction.

The company intends to close the private placement immediately following the satisfaction of customary closing conditions, including receipt of all regulatory approvals. There are no material facts or material changes relating to the company that have not been previously disclosed.

Advance Gold will use the net proceeds of this private placement for general corporate purposes and to advance its Tabasquena silver project in Zacatecas, Mexico.

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 14.5% interest on strategic claims in the Liranda Corridor in Kenya, East Africa. The remaining 85.5% 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

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Beauce Gold Fields Secures $550,000 Financing Required for Listing on Tsx Venture Exchange $BGF.ca $HPQ.ca

Posted by AGORACOM-JC at 10:32 AM on Wednesday, December 5th, 2018

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  • HPQ subsidiary, Beauce Gold Fields Inc  has raised the minimum $550,000 concurrent private placement required for it’s listing on the TSX-Venture Exchange under the reserved stock symbol BGF
  • Following the satisfactory review, the Date of Record and subsequent Distribution and Listing Date will be announced.

MONTREAL, Dec. 05, 2018 — HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform shareholders that HPQ subsidiary, Beauce Gold Fields Inc (“BGF”) has raised the minimum $550,000 concurrent private placement required for it’s listing on the TSX-Venture Exchange (“Exchange”) under the reserved stock symbol BGF.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Fields subsidiary stated, “I would like to thank everyone who has subscribed to the private placement for the listing of BGF.  This will allow HPQ to unlock the full potential value of the Beauce Gold property through a fresh new entity starting with a tight capital structure.” Mr. Levasseur also stated  “The Beauce is Canada’s last underexplored historical placer mining camp. It’s similar to the placer to hard rock exploration projects in the Yukon or the Cariboo district in BC, that were both placer gold mining camps as well, but recently had major gold discoveries.  Combining our large claims holding in St-Simon-Les-Mines together with our increasing knowledge of the geology, we believe we have narrowed the search in exploring for a hard rock gold deposit”

TSX-V Conditional Approval and Concurrent Private Placement

The Listing of BGF was conditional to closing the private placement.  The listing is also conditional to the submission of the Listing Application, the required financial statements plus various supporting documents that HPQ is submitting to the Exchange for satisfactory review.

Following the satisfactory review, the Date of Record and subsequent Distribution and Listing Date will be announced.

In this regard, the BGF’s notice for filing in connection with this Private Placement will be the following basis:

  1. 3,500,000 hard-cash units (HC Units) at the price of $0.10 per HC Unit for total of $350,000.00
  2. 1,666,666 flow-through units (FT Units) at the price of $0.12 per FT Unit for total of $200,000.00

Each HC Unit will be comprised of one common share and one warrant to purchase one common share at the price of $0.15 per share for two years following the closing date. Each FT Unit will be comprised of one flow-through common share and one-half of one warrant, with each full warrant allowing the holder to purchase one common share at the exercise price of $0.18 per share for a period of two years following the closing date.

Beauce Gold Fields – A Tight Capital Structure at Listing

Transactions Number of Shares
Private Placement to HPQ 200,000
Spin-out – Shares at $0.10 per Share 13,350,000
HPQ Direct Ownership (≈ 15%) 2,870,000
Distributed to HPQ Shareholders (≈55%) 10,680,000
Flow Through Private Placement at $0.12 per Share 1,666,666
Hard Cash Private Placement at $0.10 per Share 3,500,000
BGF Shares outstanding at Listing 18,716,666
Warrants- Private Placement 4,333,333
Warrants – HPQ warrant holders * 4,158,350
Stock Option Plan (rolling 10%) 1,900,000
Fully Diluted Capital 29,108,349

* Subject to adjustment based on the final HPQ Ratio upon the Ex-Distribution Date.

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred.   Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.  The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

Find more information at: www.beaucegold.com

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ’s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V:PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)”, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S.  Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. 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.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

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CLIENT FEATURE: Labrador Gold’s Shaw Ryan Targeting the Under Explored Gold Potential of the Province $MOZ.ca $SIC.ca $GR.ca

Posted by AGORACOM at 2:24 PM on Tuesday, December 4th, 2018

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    • Led by Shawn Ryan, who’s prospecting and soil geochemistry work led to the discovery of  White Gold, Coffee, and QV projects for a total of 7.5M ounces Au
    • White Gold’s geochemical sampling program led to successful drill program
    • Exploration has already outlined district scale soil anomalies on two projects in Labrador
    • Hopedale property contains the Florence Lake greenstone belt and the Hunt River, both of which are under-explored for gold
    • Florence Lake greenstone belt has a 40 KM strike length and includes Thurber Dog
    •  Preliminary soil geochemical results show arsenic anomalies in several areas
    • Arsenic is a pathfinder element when exploring for gold

 

LAB Agoracom Hub

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

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$GGX.ca GGX Gold Completes Drill Holes 4 Through 7 of the 2018 Fall Program – On the Gold Drop Property – Southern British Columbia $TUSK.ca, $AMK.ca, $K.ca

Posted by AGORACOM at 9:13 AM on Thursday, November 22nd, 2018

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  • 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 4.59 g/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.

VANCOUVER, BC / ACCESSWIRE / November 22, 2018 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has completed drill holes 4 through 7 of the 2018 Fall diamond drilling program at its Gold Drop Property near Greenwood, southern British Columbia. The program is targeting the gold bearing COD Vein, the focus being an area of previous high grade gold drill intercepts (some previous samples over 1 oz./ ton gold). 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 4.59 g/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.

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The 2018 Fall diamond drill program is testing the COD vein, which is located in the Gold Drop Southwest Zone. The program is following up on results from previous 2018 diamond drilling at the southern extension of the COD vein. Two of the previous 2018 holes at this southern extension (COD18-45 and COD18-46) intersected high grade gold. COD18-45 intersected of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 meter core 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 tellurium over a 0.30 meter core length (News Release of August 22, 2018).

Image: https://www.accesswire.com/users/newswire/images/528827/ggx2.jpg

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 and along strike. Additional holes are also planned to test the extension of the gold bearing vein south of these intercepts.

The drill core is currently being split and securely packaged for shipment to ALS laboratories in Vancouver, BC. There the core will be analyzed for gold by Fire Assay and for 48 multi element Four Acid and 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]

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

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

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CLIENT FEATURE: Monarques Gold $MQR.ca Gold Producer With Recent Quarter Revenue of $10M $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 4:02 PM on Friday, November 16th, 2018
Financial Highlights

  • Revenues of $10.0 million in the fourth quarter, up 31% quarter-over-quarter.
  • Strong financial position, with $15.0 million in cash.

Beaufor Mine

All figures in $CAD

  • Production of 4,695 ounces in the fourth quarter
  • Average selling price of $1,617

Find Out More!

  • A gold producer with the Beaufor Mine located in one of the best mining jurisdictions in Canada
  • A large portfolio of mining assets, including the Beaufor Mine, two mills (Camflo and Beacon), two advanced projects (Wasamac and Croinor Gold) and other exploration projects
  • Upside potential and leverage to the gold price with the Wasamac project.
    • (measured and indicated resource of 2.6 million ounces of gold)

300 Square KM Portfolio of Mining Assets

 

Hub On AGORACOM / Corporate Profile

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

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$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
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  • 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

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$LAB.ca Labrador Gold Announces New Gold Anomalies at its Hopedale Project $WHM.ca $SIC.ca

Posted by AGORACOM at 9:03 AM on Friday, November 2nd, 2018

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  • Detailed gold exploration results from the Florence Lake Greenstone Belt (FLGB)
  • Florence Lake Greenstone Belt is a 57 kilometre strike length of stratigraphy prospective for gold
  • Analyses received to date, primarily on two of the larger grids, Misery and Jasmine-Shirley, show significant gold anomalies
  • Gold in soil samples from the 5.7km by 2km grid covering the Misery carbonate alteration zone indicate four distinct soil anomalies.

VANCOUVER, British Columbia, Nov. 02, 2018 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX-V:LAB) (“Labrador Gold” or the “Company”) is pleased to announce initial results from the first phase of detailed gold exploration in the Florence Lake greenstone belt (FLGB). The company controls a 57 kilometre strike length of stratigraphy prospective for gold in the belt. The exploration program at Florence Lake followed up on successful results of 2017 and included detailed soil sampling, geological mapping, rock sampling and prospecting along the length of the belt.

A total of 11,213 soil samples were taken on 12 grids at a 100m line spacing and 25m sample spacing across the FLGB. Results of 5,511 analyses received to date, primarily on two of the larger grids, Misery and Jasmine-Shirley, show significant gold anomalies typically associated with geological contacts. Analyses range from below detection limit, <0.25 parts per billion (ppb) to 2.22g/t Au, with 19 samples containing more than 0.1g/t Au. In addition, 551 samples greater than the 90th percentile are considered anomalous and require detailed follow up.

Gold in soil samples from the 5.7km by 2km grid covering the Misery carbonate alteration zone indicate four distinct soil anomalies with the two largest measuring 1,300m by 150 m and 750m by 100m, with nine samples containing more than 0.1g/t Au and ranging from 0.1 to 2.1g/t Au in the soil. Anomalies occur at the contact with ultramafic rock and felsic/mafic volcanic rocks and at the contact between ultramafic rocks and felsic intrusive rocks, both common sites of gold mineralization in greenstone belts.

Similarly, gold anomalies over the 2.6km by 0.6km Jasmine-Shirley soil grid occur along the contact between ultramafic rocks and sedimentary rocks (800m by 120m) and in a fold nose in the ultramafic rocks (400m by 250m) with values up to 0.36g/t Au in the soil. The Jasmine-Shirley grid also shows a strong arsenic soil anomaly associated with massive arsenopyrite mineralization with an along strike trend over 1km and highlights of between 0.1 and 1% As in the soil (see figures at www.labradorgold.com/Hopedale).

‘Results received for Misery and Jasmine-Shirley show specific gold targets, typical of greenstone hosted gold mineralization elsewhere in the world, defined by the detailed soil sampling on both grids, said Roger Moss, President and Chief Executive Officer of Labrador Gold. “Soil sampling is working to focus us on the highest potential mineralized areas of the belt and we will follow up these anomalies with detailed mapping, rock sampling and drilling during the next field season.”

“This summer’s program did exactly what we wanted it to do, identify and pin down the anomalous gold trend on a 25m scale,” added Shawn Ryan, Technical Advisor to Labrador Gold. “The intensity and strength of the targets, both in terms of size of the Misery anomaly and its location right along the contact of the felsic / ultramafic unit, indicates that we truly have a new mineralized system. Three other targets in the area all seem to be following the same pattern with anomalous gold seen along the contacts of either the felsic or mafic units with ultramafic rocks. These areas will be the focus of detailed mapping next season to identify high quality drill targets.”

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.

The company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Hopedale property.

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 25th 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 18th 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 51,592,552 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

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Posted in AGORACOM Client Feature, AGORACOM News And Events, All Recent Posts, Featured, Labrador Gold, Small and Micro-Cap Space | Comments Off on $LAB.ca Labrador Gold Announces New Gold Anomalies at its Hopedale Project $WHM.ca $SIC.ca

CLIENT FEATURE: Labrador Gold’s Shaw Ryan Targeting the Under Explored Gold Potential of the Province

Posted by AGORACOM at 7:30 AM on Thursday, November 1st, 2018

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    • Led by Shawn Ryan, who’s prospecting and soil geochemistry work led to the discovery of  White Gold, Coffee, and QV projects for a total of 7.5M ounces Au
    • White Gold’s geochemical sampling program led to successful drill program
    • Exploration has already outlined district scale soil anomalies on two projects in Labrador
    • Hopedale property contains the Florence Lake greenstone belt and the Hunt River, both of which are under-explored for gold
    • Florence Lake greenstone belt has a 40 KM strike length
    •  Ppreliminary soil geochemical results show arsenic anomalies in several areas
    • Arsenic is a pathfinder element when exploring for gold

LAB Agoracom Hub

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

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American Creek Reports That JV Partner Tudor Gold Continues to Grow Treaty Creek; Hole 37B Returns 482m of 0.486 g/t Gold, Including 175m of 0.79 g/t Gold

Posted by AGORACOM at 1:54 PM on Wednesday, October 31st, 2018
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  • JV partner Tudor Golds reported four holes of the nine-hole 2018 drill program on the Copper Belle zone of the Company’s Treaty Creek property
  • CB-18-34 had two wide intervals of gold mineralization; 0.554 g/t Au over 178.5 m, which included 0.830 g/t Au over 75.0 m
  • CB-18-37B also intersected two zones of mineralization over impressive widths; the upper zone averaged 0.772 g/t gold over 43.5 meters

Cardston, Alberta–(Newsfile Corp. – October 31, 2018) – American Creek Resources (TSXV: AMK) (OTC Pink: ACKRF) (the “Company” or “American Creek”) is pleased to report its JV partner Tudor Golds results from four holes of the nine-hole 2018 drill program on the Copper Belle zone of the Company’s Treaty Creek property, in the “Golden Triangle” area of north-western BC.

The deep drilling program is now finished for the season and results of core sampling have been received for six of the nine holes completed. The first two holes were reported in the August 23 news release.

Walter Storm, President and CEO, stated: “As the assay results come in from our deep drilling program at Copper Belle, the gold mineralized zone is really taking shape. We are seeing thick intervals of good gold grades in our northernmost hole reported to date. This indicates to us that the strong Copper Belle mineralization may continue to the north-northeast of our current drilling.”

Holes CB-18-34 and 37B were drilled to the northwest at angles of approximately 75 degrees into the central part of a strong magnetic high (see map below) and returned broad intervals of gold mineralization. Holes CB-18-33B and 35B, located approximately 150 m farther to the west, were also drilled northwesterly; however, the gold values were lower in these two holes. The objective of the 2018 drill program was to better define the extent of the Copper Belle zone and the results from these holes have accomplished that. Excellent gold intercepts from our northernmost hole reported to date and moderately strong magnetic intensity extending north-northeasterly from the north end of the drill grid, indicate that the zone has good potential to continue in that direction.

Gold, silver and copper results for holes CB-18-33B, CB-18-34, CB-18-35B and CB-18-37B , as well as hole 37, which was lost at 131.2 m, but re-drilled as 37B, are summarized in the table below.

CB-18-34 had two wide intervals of gold mineralization; 0.554 g/t Au over 178.5 m, which included 0.830 g/t Au over 75.0 m and a lower zone of 0.344 g/t Au over 94.5 m. The gold mineralized intervals are primarily hosted by andesitic tuff and fragmental rocks that are moderately silicified, chlorite and sericite altered, and cut by abundant fine quartz-carbonate veins. Pyrite content averages about 10%, occurring as disseminations and local coarse masses in the host rocks, as well as within some of the quartz-carbonate veins, with rare chalcopyrite and arsenopyrite.

CB-18-37B also intersected two zones of mineralization over impressive widths; the upper zone averaged 0.772 g/t gold over 43.5 meters and the lower zone returned 0.486 g/t Au over 482.0 m, which included intervals of stronger alteration and mineralization, such as 0.790 g/t gold over 175.5 meters. The host rocks are similar to those in hole CB-18-34 and higher gold grades are associated with increased silicification, potassic alteration and pyrite content.

Hole ID   From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%)
CB-18-33B 548.00 564.50 16.50 0.502 1.6 0.006
611.00 623.00 12.00 0.547 9.4 0.003
EOH 743.0
CB-18-34 417.50 596.00 178.50 0.554 2.8 0.008
includes 417.50 492.50 75.00 0.830 1.8 0.013
and 578.00 596.00 18.00 0.790 7.5 0.003
  603.50 698.00 94.50 0.344 2.1 0.004
includes 603.50 617.00 13.50 0.712 7.1 0.002
and 644.00 648.50 4.50 0.807 0.9 0.010
EOH 902.0
CB-18-35B No significant results
EOH 612.0
CB-18-37 69.50 99.50 30.00 0.612 1.9 0.009
107.00 131.20 24.20 1.062 1.3 0.007
EOH 131.2 Hole was lost and restarted as 37B
CB-18-37B 59.00 74.00 15.00 0.650 3.7 0.008
125.00 168.50 43.50 0.772 1.6 0.019
182.00 192.50 10.50 0.575 1.9 0.004
207.50 689.50 482.00 0.486 1.2 0.0001
includes 207.50 222.50 15.00 0.772 2.0 0.021
and 300.50 476.00 175.50 0.790 2.1 0.025
and 482.00 498.50 16.50 0.688 0.6 0.001
and 507.60 612.50 104.90 0.437 0.9 0.014
and 648.50 689.50 41.00 0.351 0.7 0.042
EOH 912.5

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

The nine holes drilled in 2018 covered an area measuring approximately 370 meters by 250 meters, to depths of 600 to 900 meters. Based on the wide gold intervals received to date, the results are expected to considerably increase the range of potential ounces of gold from the 1.8 to 1.9 million ounces contained within 50 to 45 million tonnes grading 1.12 to 1.35 g/t Au determined from the drill results prior to 2018. A new range of gold ounces and grades will be determined, incorporating all drill results to the end of 2018 drilling, once the final assays are received and compiled.

The 2018 drilling has now extended the known length of the porphyry-style mineralized system for over 1100 meters. For locations of the 2018 and other holes in the Copper Belle area that are overlain on Total Magnetics contours, please view the map below. The Copper Belle zone has an elongate north-northeast trend, dipping at a relatively flat angle to the northwest. Mineralization may be related to an extensive north-northeast trending tectonic zone, similar to the distribution of the four KSM deposits on Seabridge’s property that are located along a ten kilometer length of the Sulphurets Thrust Fault zone.

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Copper Belle Drill Hole Locations on Total Magnetic Intensity
(“Warmer” Colours Indicate Higher Magnetic Intensity)

To view an enhanced version of this graphic, please visit:
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QAQC

Drill core samples were prepared at 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. ALS Global Laboratories quality system complies with the requirements for the International Standards ISO 17025: 2005.

QP

The Qualified Person for the Treaty Creek results in this new release is James A. McCrea, P.Geo., for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About American Creek

American Creek holds 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 (Walter Storm) as well as the 100% owned past producing Dunwell Mine.

The Company also holds the Gold Hill (drill program currently running), 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 Company is available on its website at www.americancreek.com.

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#Gold industry sees prices rising to $1,532/oz over 12 months $AMK.ca $EXS.ca $MQR.ca $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 10:47 AM on Wednesday, October 31st, 2018
  • The price of gold is expected to rise to $1,532 an ounce by October next year, delegates to the London Bullion Market Association’s annual gathering predicted on Tuesday
  • A poll of delegates at the LBMA conference in Boston also predicted higher prices in a year’s time for silver, platinum and palladium.

BOSTON, Oct 30 (Reuters) – The price of gold is expected to rise to $1,532 an ounce by October next year, delegates to the London Bullion Market Association’s annual gathering predicted on Tuesday.

A poll of delegates at the LBMA conference in Boston also predicted higher prices in a year’s time for silver, platinum and palladium.

Spot gold has had a difficult few months, falling from a high of $1,366.07 in January to as low as $1,159.96 in August as the dollar strengthened and the U.S. Federal Reserve pushed ahead with interest rate rises.

But it has since clawed back to around $1,225 an ounce as volatility on global stock markets revived interest in bullion as a safe place to store assets.

A stronger dollar hurts gold prices by making it more expensive for buyers with other currencies. Higher interest rates make gold, which offers no yield, less attractive.

The poll also showed that delegates expect silver prices to rise to $15 an ounce by the end of October 2019 from around $14.50 on Tuesday.

Platinum prices were forecast to increase to $1,010 an ounce over the next year from around $835 on Tuesday and palladium was expected to rise to $1,195 from around $1,075.

Analysts and traders polled by Reuters this month said they expected gold prices to average $1,300 an ounce in 2019, silver to average $16.40, platinum to average $875 and palladium to average $1,025.

Source: https://uk.reuters.com/article/gold-lbma-price/gold-industry-sees-prices-rising-to-1532-oz-over-12-months-idUKL8N1X55VR

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