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$GGX.ca GGX Gold Drilling Intersects 50.1 g/t Gold and 375 g/t Silver over 2.05 Meters — Gold Drop Property, Southern British Columbia GGX Gold $K.ca

Posted by AGORACOM at 9:30 AM on Wednesday, August 15th, 2018

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  • Results for 2018 holes COD18-43 to COD18-45 which tested the COD Vein, in the Gold Drop Southwest Zone.
  • COD18-45 returned 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05
  • 2018 drilling program also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite.

GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has received additional analytical results from its diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18-43 to COD18-45 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone.

Gold bearing quartz vein with high grade gold in drill hole COD18-45

(50.1 g/t gold over 2.05meters)

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

The highlight from these analytical results is an intersection of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 meter core length in drill hole COD18-45 which tested the COD Vein, including 167.5 g/t gold, 1,370 g/t silver and >500 g/t tellurium over 0.46 meter core length. This gold-bearing intersection of quartz veins and altered granodiorite in COD18-45 is located at approximately 20 meter vertical depth and approximately 160 meters southwest of the area of 2017 trenching at the COD Vein. COD18-45 is located approximately 220 meters southwest of drill hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meters, including 10.96 g/t gold over 5.97 meters (News Release of September 7, 2017).

The 2018 drilling program focused on testing and defining the COD Vein, a Dentonia/Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The 2018 drilling program also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite. The Everest Vein was first discovered by Company prospectors during the 2017. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017).

The analytical results listed below are highlights from drill holes COD18-43 to COD18-45 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein south-southwest of the 2017 trench. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold, silver and tellurium analyses are reported in grams per tonne (g/t).

Previous drill core analytical results from the 2018 drilling program are reported in News Releases of May 29, June 14, June 27, July 11, July 19, July 25, August 1 and August 9. The 2.05 meter core length intersection in drill hole COD18-45 at the COD Vein is the highlight of the 2018 drilling program to date and represents a significant intersection with high grade gold southwest of the 2017 trench. Prior to the receipt of these analytical results, the highlight of the 2018 drilling program was 14.62 g/t gold, 150.2 g/t silver and 102.0 g/t tellurium over 2.1 meter core length in drill hole COD18-3 at the COD Vein, located in the area of the 2017 trench and vicinity of drill hole COD17-14. The following map of the COD Vein work area includes some of the more significant 2017 – 2018 drill intersections.

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

Drill core from the 2018 program was geologically logged and sampled. Drill core was sawn in half with half core samples submitted for analysis and remaining half core stored in a secure location. Core samples were delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA. Samples exceeding 100 g/t gold were re-analyzed for gold by Fire Assay – Gravimetric Finish. The samples were also analyzed for 48 Elements by Four Acid ICP-MS. Samples exceeding 100 g/t silver were re-analyzed for silver by Four Acid ICP-AES. Quality control (QC) samples were 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]

$GGX.ca GGX Gold Drilling Intersects 8.23 g/t Gold and 67.3 g/t Silver over 3.9 Meters at COD Vein — Gold Drop Property, Southern British Columbia $K.ca

Posted by AGORACOM at 9:28 AM on Thursday, August 9th, 2018

 

 

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    • Results received for 2018 drill holes COD18-37 to COD18-42 which tested the COD Vein.
    • COD18-37 Intersected 8.23 g/t Gold and 67.3 g/t Silver over 3.9 Meters at COD Vein

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has received additional analytical results from its diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18-37 to COD18-42 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone.

 

Core from drill hole COD18-37 (includes 8.23 g/t gold over 3.95m intersection) (To view the graphic in its original size, please click here)

 

A highlight from these analytical results is an intersection of 8.23 grams per tonne (g/t) gold, 67.36 g/t silver and 38.53 g/t tellurium over 3.95 meter core length in drill hole COD18-37. This gold-bearing interval (quartz veins and altered granodiorite) in COD18-37 is located at approximately 40 meter vertical depth and approximately 130 meters southwest of the area of 2017 trenching.  COD18-37 is located approximately 190 meters southwest of hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meters, including 10.96 g/t gold over 5.97 meters (News Release of September 7, 2017).

 

Gold bearing quartz vein in drill hole COD18-37 (To view the graphic in its original size, please click here)

 

The 2018 drilling program to date has been mainly focused on testing and defining the COD Vein, a Dentonia/Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The 2018 drilling program has also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite. The Everest Vein was first discovered by Company prospectors during the 2017. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017).

 

Previous drill core analytical results from the 2018 drilling program are reported in News Releases of May 29, June 14, June 27, July 11, July 19, July 25 and August 1. The highlight of the 2018 drilling program to date is 14.62 g/t gold, 150.2 g/t silver and 102.0 g/t tellurium over 2.1 meter core length in drill hole COD18-3 at the COD Vein.

 

The analytical results listed below are highlights from drill holes COD18-37 to COD18-42 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein south-southwest of the 2017 trench. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold, silver and tellurium analyses are reported in grams per tonne (g/t). The intervals listed in the following table are from the gold, silver and tellurium bearing quartz veins and adjacent altered granodiorite in drill hole COD18-37 and a quartz vein in drill hole COD18-42.

 

Hole ID From (m) To (m) Interval Length (m) Au (g/t) Ag (g/t) Te (g/t)
COD18-37 47.22 51.17 3.95 8.23 67.36 38.53
including 47.22 47.54 0.32 21.8 165 101.5
including 48.03 48.32 0.29 3.35 26.7 18
including 48.32 49.00 0.68 2.05 23.2 17.8
including 49.00 50.05 1.05 18.15 137 76
including 50.05 50.38 0.33 5.05 56.7 25.6
including 50.38 51.17 0.79 3.02 32.6 16.9
COD18-42 41.18 41.53 0.35 6.58 52 23.1

 

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

 

Drill core from the 2018 program was geologically logged and sampled. Drill core was sawn in half with half core samples submitted for analysis and remaining half core stored in a secure location. Core samples were delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA. The samples were also analyzed for 48 Elements by Four Acid ICP-MS. Samples exceeding 100 g/t silver were re-analyzed by Four Acid ICP-AES. Quality control (QC) samples were 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

 

Monarques Gold $MQR.ca Files a Technical Report for Its Swanson #Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 9:26 AM on Friday, August 3rd, 2018

Monarquesgold hub large

  • Final technical report shows an increase of 6,049 ounces in the Indicated category and 183 ounces in the Inferred category, which totals 1,752,100 tonnes at 1.85 g/t Au for 104,100 ounces of gold in the Indicated category and 74,000 tonnes at 2.96 g/t Au for 7,100 ounces in the Inferred category.
  • Monarques Gold combined Measured and Indicated resources now stand at over 3.15 million ounces of gold (see table 1 at the end of press release).

MONTREAL, Aug. 3, 2018 – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to announce that it has filed on SEDAR a National Instrument 43-101 technical report for its Swanson gold project. Monarques published a press release on June 20, 2018 (see press release). Following the process of writing the technical report and validation, the following changes were made to the resource table (see Table 1): an increase of 6,049 ounces in the Indicated category and 183 ounces in the Inferred category. The report is also available on Monarques’ website (see technical report).

Table 1 – Swanson Maiden Mineral Resource Estimate for a combined open pit and underground scenario at a cut-off of 0.8 g/t Au (in pit) and 2.7 g/t Au (underground)

Area Indicated Resources Inferred Resources
Tonnes (t) Grade Au
(g/t)
Ounces Au Tonnes (t) Grade Au
(g/t)
Ounces Au
In-Pit 1,694,000 1.80 98,100 17,400 2.53 1,400
Underground 58,100 3.17 5,900 56,600 3.10 5,600
TOTAL 1,752,100 1.85 104,100 74,000 2.96 7,100
Notes to Accompany Mineral Resource Table:
(1) These mineral resources are not mineral reserves as they do not have demonstrated economic viability.
(2) The mineral resource estimate follows 2014 CIM definitions and guidelines for mineral resources.
(3) Results are presented in situ and undiluted and considered to have reasonable prospects for economic extraction.
(4) The estimation encompasses four zones with a minimum true thickness of 2.5 m using the grade of the adjacent material when assayed or a value of zero when not assayed.
(5) High-grade capping of 30 g/t Au (4 g/t Au for the dilution envelope) was applied to assay grades prior to compositing grade for interpolation using an Ordinary Kriging interpolation method based on 1.5 m composite and block size of 3 m x 3 m x 3 m, with bulk density values applied by lithology (g/cm3): I2 = 2.78; I4O, V3, V4 = 2.90, and OVB = 1.5.
(6) The estimate is reported for potential scenario combining open pit and underground at cut-off grades of 0.8 g/t Au (open pit) and 2.7 g/t Au (underground). The cut-off grades were calculated using a gold price of USD1,296/oz, a CAD:USD exchange rate of 1.28, and the following parameters (CAD): (a) Open pit scenario: mining cost $4.94/t; processing cost $27.00/t; G&A $4.00/t, pit slope of 50° during Whittle optimization; (b) Underground scenario (CAD): mining cost $90.00/t; processing cost $27.00/t; G&A $10.00/t. The cut-off grades should be re-evaluated in light of future prevailing market conditions (metal prices, exchange rate, mining cost, etc.)
(7) The number of metric tons was rounded to the nearest hundred and the metal contents are presented in troy ounces (tonne x grade / 31.10348).
(8) InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues, or any other relevant issue not reported in this Technical Report that could materially affect the mineral resource estimate.

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person and by Christine Beausoleil, P.Geo. and Alain Carrier, P.Geo., M.Sc. of InnovExplo Inc., all of whom are qualified persons as defined by NI 43-101..

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corporation (TSX.V:MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

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

Table 1 – Monarques Gold Measured and Indicated Resources

Tonnes
(metric)
Grade
(g/t Au)
Ounces
Wasamac property1
Measured Resources 3.99 million 2.52 323,300
Indicated Resources 25.87 million 2.72 2,264,500
Total Measured & Indicated Resources 29.86 million 2.70 2,587,900
Beaufor Mine2
Measured Resources 74,400 6.71 16,100
Indicated Resources 271,700 7.93 69,300
Total Measured & Indicated Resources 346,200 7.67 85,400
Croinor Gold Mine3
Measured Resources 80,100 8.44 21,700
Indicated Resources 724,500 9.20 214,300
Total Measured & Indicated Resources 804,600 9.12 236,000
Swanson property4
Pit Constrained
Indicated Resources 1,694,000 1.80 98,100
Underground
Indicated Resources 58,100 3.17 5,900
Total Indicated Resources 1,752,100 1.85 104,100
McKenzie Break property5
Pit Constrained
Indicated Resources 939,860 1.59 48,133
Underground
Indicated Resources 281,739 5.90 53,448
Total Indicated Resources 1,221,599 2.58 101,581
Simkar Gold property6
Measured Resources 33,570 4.71 5,079
Indicated Resources 208,470 5.66 37,905
Total Measured & Indicated Resources 242,040 5.52 42,984
TOTAL
Measured & Indicated Resources 3,157,865
1 Source: Technical Report on the Wasamac Project, Rouyn-Noranda, Québec, Canada, Tudorel Ciuculescu, M.Sc., P.Geo., October 25, 2017, Roscoe Postle Associates Inc.
2 Source: NI-43-101 Technical Report on the Mineral Resource and Mineral Reserve Estimates of the Beaufor Mine as at September 30, 2017, Val-d’Or, Québec, Canada, Carl Pelletier, P. Geo. and Laurent Roy, Eng.
3 Source: Monarques prefeasibility study (January 19, 2018) and resource estimate (January 8, 2016)

4 Source: NI 43‐101 Technical Report on the Swanson Project, June 20, 2018, Christine Beausoleil, P.Geo. and Alain Carrier, P.Geo., M.Sc. of InnovExplo Inc.

5 Source: NI 43‐101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of GeoPointCom Inc.

6 Source: MRB et Associés (January 2015)

$GGX.ca GGX Gold Drilling Intersects 6.16 g/t Gold & 72.4 g/t Silver Over 3.41m at COD Vein, Gold Drop Property, Southern British Columbia $NNA.ca $K.ca

Posted by AGORACOM at 9:57 AM on Wednesday, August 1st, 2018

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  • Assays received for 2018 drill holes COD18-34 to COD18-36 which tested the COD Vein, Gold Drop Southwest Zone.
  •  COD18-34 returned 6.16 grams per tonne (g/t) gold, 72.4 g/t silver and 31.0 g/t tellurium over 3.41 meter
  • COD18-34 is located 180 meters southwest of hole COD17-14 which intersected 4.59 g/t gold over 16.03m, including 10.96 g/t gold over 5.97m

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce the receipt of the additional analytical results from its diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18-34 to COD18-36 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone.

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

A highlight from these analytical results is an intersection of 6.16 grams per tonne (g/t) gold, 72.4 g/t silver and 31.0 g/t tellurium over 3.41 meter core length in hole COD18-34. This gold-bearing interval (quartz veins and altered granodiorite) in hole COD18-34 is located at approximately 25 meter vertical depth and approximately 115 meters southwest of the area of 2017 trenching.  COD18-34 is located approximately 180 meters southwest of hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meters, including 10.96 g/t gold over 5.97 meters (News Release of September 7, 2017).

The analytical results listed below are highlights from drill holes COD18-34 to COD18-36 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein south-southwest of the 2017 trench. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold, silver and tellurium analyses are reported in grams per tonne (g/t). The intervals listed in following table are from the gold, silver and tellurium bearing quartz vein and / or adjacent altered granodiorite.

Hole ID From (m) To (m) Interval Length (m) Au (g/t) Ag (g/t) Te (g/t)
COD18-34 35.59 39.00 3.41 6.16 72.4 31.0
including 35.59 35.93 0.34 18.85 104 80.1
including 37.60 38.41 0.81 14.85 244 82.8
including 38.41 39.00 0.59 2.91 13 10.65
COD18-34 40.00 40.45 0.45 2.36 17 15.7
COD18-35 53.65 54.25 0.60 1.62 17.05 11.85
COD18-35 55.00 55.74 0.74 1.58 13.95 11.15
COD18-36 41.20 43.00 1.80 1.61 14.28 8.62
Previous drill core analytical results from the 2018 drilling program are reported in News Releases of May 29, June 14, June 27, July 11, July 19 and July 25. The highlight of the 2018 drilling program to date is 14.62 g/t gold, 150.2 g/t silver and 102.0 g/t tellurium over 2.1 meter core length in hole COD18-3 at the COD Vein.

The 2018 drilling program to date has been mainly focused on testing and defining the COD Vein, a Dentonia/Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The 2018 drilling program has also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite. The Everest Vein was first discovered by Company prospectors during the 2017. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017).

Drill core from the 2018 program was geologically logged and sampled. Drill core was sawn in half with half core samples submitted for analysis and remaining half core stored in a secure location. Core samples were delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA. The samples were also analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples were inserted at regular intervals.

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

The Company also announces it has granted 1,000,000 options at an exercise price of $0.15. The options are exercisable for five years and will be cancelled 30 days after cessation of acting as a director, officer, employee or consultant of the Company.

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 

 

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

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

Posted by AGORACOM-JC at 2:47 PM on Monday, July 30th, 2018

AMK: TSX-V, OTCBB: ACKRF

Geology, geophysics, and exploration on Treaty Creek indicate potential for world class deposits.

  • Adjoining Pretivm and Seabridge Gold claims (Snowfield / Brucejack / VOK / KSM)
  • 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

Hub On AGORACOM / Corporate Profile

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

#Gold demand to be positive in second half of 2018, says WGC report $AMK.ca $EXS.ca $MQR.ca $HPQ.ca $GZD.ca $GGX.ca $GR.ca

Posted by AGORACOM-JC at 2:56 PM on Wednesday, July 25th, 2018

  • Gold demand is likely to be healthy in the second half of 2018 on positive global economic growth, trade wars and its impact on currency and rising inflation, the World Gold Council (WGC) said in a report.
  • Gold price rose by more than 4 per cent in the first few months of the year, only to finish in June down by the same amount and this downward trend continued during July as gold dropped almost an additional percentage point, WGC said in its mid-year outlook 2018 today.

While gold’s volatility spiked in February and April, it has been moving in a relatively low range since, it added.

WGC said the gold’s performance has been mainly driven by factors including a strengthening US dollar, higher investor threshold for headline risk and soft gold demand.

“At the same time, gold’s price momentum and investor positioning in derivatives markets has accelerated its descent. We, however, believe that there may be reasons to be more optimistic during the second half of the year,” it said.

According to the council, macroeconomic trends like positive but uneven global economic growth, trade wars and their impact on currency and rising inflation and an inverted yield curve will support gold in the second half of 2018.

In India, the second half of the year is usually positive for gold as the harvest and wedding seasons during the autumn provide seasonal support for the market.

The economic policies rolled out by the government to draw the informal, cash-based economy into the formal sector, according to the report, are starting to translate into stronger economic growth.

Source: https://www.business-standard.com/article/economy-policy/gold-demand-to-be-positive-in-second-half-of-2018-says-wgc-report-118071901188_1.html

GGX Gold Diamond Drilling Intersects – 8.65 g/t Gold & 47.6 g/t Silver Over – 2.98 Meters  at COD Vein $GGX.ca $K.ca

Posted by AGORACOM at 9:16 AM on Wednesday, July 25th, 2018

 

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  • Holes COD18-31 to COD18-33 which tested the COD Vein on GoldDrop Property
  • 8.65 grams per tonne (g/t) gold, 47.6 g/t silver and 37.3 g/t tellurium over 2.98m

GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2)(the “Company” or “GGX”) is pleased to announce the receipt of the additional analytical results from its diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18-31 to COD18-33 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone.

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

A highlight from these analytical results is an intersection of 8.65 grams per tonne (g/t) gold, 47.6 g/t silver and 37.3 g/t tellurium over 2.98 meter core length in hole COD18-33, including 13.8 g/t gold, 46.2 g/t silver and 47.8 g/t tellurium over 0.90 meter core length. This gold-bearing interval (quartz vein and adjacent altered granodiorite) in hole COD18-33 is located at approximately 50 meter vertical depth and approximately 100 meters southwest of the area of 2017 trenching.  COD18-33 is located approximately 170 meters southwest of hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meters, including 10.96 g/t gold over 5.97 meters (News Release of September 7, 2017).

The 2018 drilling program to date has been mainly focused on testing and defining the COD Vein, a Dentonia/Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The 2018 drilling program has also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite. The Everest Vein was first discovered by Company prospectors during the 2017. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017).

Previous drill core analytical results from the 2018 drilling program are reported in News Releases of May 29, June 14, June 27, July 11 and July 19. The highlight of the 2018 drilling program to date is 14.62 g/t gold, 150.2 g/t silver and 102.0 g/t tellurium over 2.1 meter core length in hole COD18-3 at the COD Vein.

The analytical results listed below are highlights from drill holes DDCOD18-31 to DDCOD18-33 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein south-southwest of the 2017 trench. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The Gold, Silver and Tellurium analyses are reported in grams per tonne (g/t).

Hole ID From (m) To (m) Interval Length (m) Au (g/t) Ag (g/t) Te (g/t)
COD18-32 44.09 45.60 1.51 3.67 67.2 30.4
COD18-33 58.52 61.50 2.98 8.65 47.6 37.3
including 58.52 59.93 1.41 7.91 26.9 30.9
including 59.93 60.60 0.67 3.3 93.2 36.9
including 60.60 61.50 0.90 13.8 46.2 47.8

 

The interval of 44.09-45.60 meters in COD18-32 is quartz vein / quartz breccia with some silicified granodiorite in the lower part of the section. The interval of 58.52-61.50 meters in COD18-33 is altered granodiorite (58.52-59.93 meters) and quartz vein (59.93-61.50 meters).

Drill core from the 2018 program was geologically logged and sampled. Drill core was sawn in half with half core samples submitted for analysis and remaining half core stored in a secure location. Core samples were delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA. The samples were also analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples were inserted at regular intervals.

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

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

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”

(more…)

Monarques Gold $MQR.ca Files a Technical Report for its McKenzie Break #Gold Project M&I resources now stand at over 3.1 million ounces of gold $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 7:57 AM on Thursday, July 19th, 2018

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  • Monarques Gold combined Measured and Indicated resources now stand at over 3.1 million ounces of gold

MONTREAL, July 19, 2018 - MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to announce that it has filed on SEDAR a National Instrument 43-101 technical report for its McKenzie Break gold project. Monarques published a press release on June 14, 2018 (see press release), which summarized the assumptions and key results contained in the technical report. There are no material differences between the assumptions and estimates contained in Monarques’ press release dated June 14, 2018, pertaining to this property, from those contained in the technical report that was filed today, and which is available on Monarques’ website (see technical report).

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person under National Instrument 43‑101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corporation (TSX.V:MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

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

Table 1 – Monarques Gold Measured and Indicated Resources

Tonnes
(metric)
Grade
(g/t Au)
Ounces
Wasamac property1
Measured Resources 3.99 million 2.52 323,300
Indicated Resources 25.87 million 2.72 2,264,500
Total Measured & Indicated Resources 29.86 million 2.70 2,587,900
Beaufor Mine2
Measured Resources 74,400 6.71 16,100
Indicated Resources 271,700 7.93 69,300
Total Measured & Indicated Resources 346,200 7.67 85,400
Croinor Gold Mine3
Measured Resources 80,100 8.44 21,700
Indicated Resources 724,500 9.20 214,300
Total Measured & Indicated Resources 804,600 9.12 236,000
Swanson property4
Indicated Resources 1,643,000 1.86 98,051
McKenzie Break property5
Pit Constrained
Indicated Resources 939,860 1.59 48,133
Underground
Indicated Resources 281,739 5.90 53,448
Simkar Gold property6
Measured Resources 33,570 4.71 5,079
Indicated Resources 208,470 5.66 37,905
Total Measured & Indicated Resources 242,040 5.52 42,984
TOTAL
Measured & Indicated Resources 3,151,916
1 Source: Technical Report on the Wasamac Project, Rouyn-Noranda, Québec, Canada, Tudorel Ciuculescu, M.Sc., P.Geo., October 25, 2017, Roscoe Postle Associates Inc.
2 Source: NI-43-101 Technical Report on the Mineral Resource and Mineral Reserve Estimates of the Beaufor Mine as at September 30, 2017, Val-d’Or, Québec, Canada, Carl Pelletier, P. Geo. and Laurent Roy, Eng.
3  Source: Monarques prefeasibility study (January 19, 2018) and resource estimate (January 8, 2016)

4 Source: NI 43‐101 Technical Report on the Swanson Project, June 15, 2018, Christine Beausoleil, P.Geo. and Alain Carrier, P.Geo., M.Sc. of InnovExplo Inc.

5 Source: NI 43‐101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of GeoPointCom Inc.

American Creek $AMK.ca Reports That Drilling Has Commenced on the Treaty Creek Property Located in B.C.’s Golden Triangle $SEA $SA $SKE.ca $TUD.ca $PVG $MRO.ca

Posted by AGORACOM-JC at 9:04 AM on Wednesday, July 18th, 2018

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  • Reports the commencement of a significant drill program on the Treaty Creek Project, immediately adjacent to and in the same hydrothermal system as Seabridge Gold’s KSM property and Pretium’s high-grade Brucejack mine
  • Treaty Creek has similar geophysical, geological, and structural signatures to its neighbours with potential for similar scale

Cardston, Alberta–(Newsfile Corp. – July 18, 2018) – American Creek Resources Ltd. (TSXV: AMK) (OTC Pink: ACKRF) (the “Corporation”) is pleased to report the commencement of a significant drill program on the Treaty Creek Project, immediately adjacent to and in the same hydrothermal system as Seabridge Gold’s KSM property (largest gold deposit in the world by reserves) and Pretium’s high-grade Brucejack mine. Treaty Creek has similar geophysical, geological, and structural signatures to its neighbours with potential for similar scale.

The 2017 Copper Belle zone resource delineation program comprised 27 drill holes with intercepts containing long intervals of gold mineralization (an estimated 13,722m total). A block of delineated mineralization from all historical drilling will form the basis for a preliminary resource estimate. Another 8 to 16 holes to depths of greater than 700 m are recommended in order to publish a preliminary resource estimate.

A geophysical (MT/mag) anomaly under Copper Belle (B in Figure 1) shows a strong continuation of mineralized structure that is open to the north, west and to depth. This was verified in the 2017 drill results and supports the priority focus for 2018 drilling on the Copper Belle extensions. The Konkin Zone MT/mag anomaly (A in Figure 1) is another high priority exploratory drill target that previously generated 870 g/t Au over a 1.2m channel sample.

Walter Storm, President and CEO of Tudor Gold, commented (June 4th, 2018): “Our first priority now is to complete the work for our resource estimate followed by drilling other exciting targets confirmed by Simcoe Geoscience. The consolidated geophysical survey that combined acquired data from Magnetotellurics (MT), magnetometer (Mag) and electromagnetic (EM) surveys has provided Tudor with several high priority anomalous drill targets. We expect that this summer’s drill program will be very busy.”

The 2016 Magnetotelluric geophysical survey program (“MT Survey”) was effectively utilized as a guide for the drill program. The MT Survey suggests that the mineralization continues to the southwest, toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone is open along strike and to depth.

Figure 1. Geophysical anomalies on Treaty Creek

To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/682/36039_a1531885165986_82.jpg

Simcoe Geoscience has previously provided the Magnetotelluric surveys and interpretive guidance for Seabridge Gold and Pretium Resources in targeting what have developed into world-class discoveries on these neighbouring properties.

More Core Diamond Drilling Services of Stewart B.C. (owner Sean Pownall) will carry out all the diamond drilling and will manage the camp activities in 2018. More Core has extensive experience drilling on the Treaty Creek claims having conducted successful programs previously for both Tudor Gold and prior rights holders. Also, once again, Tudor has selected Yellowhead Helicopters Ltd. (YHL) to provide service. YHL has provided safe and efficient service for the Treaty program for the past two years.

The Treaty Creek Project is a joint venture between Tudor, 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).

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three Golden Triangle gold/silver properties; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

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

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 other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and 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. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

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.

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

Posted by AGORACOM-JC at 9:52 AM on Tuesday, July 17th, 2018

AMK: TSX-V, OTCBB: ACKRF

Geology, geophysics, and exploration on Treaty Creek indicate potential for world class deposits.

  • Adjoining Pretivm and Seabridge Gold claims (Snowfield / Brucejack / VOK / KSM)
  • 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

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