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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

Hub On AGORACOM / Corporate Profile

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

Monarques Gold $MQR.ca Intersects 20.62 g/t #Gold Over 3.95 Metres at the Beaufor Mine, Including 111 g/t Au Over 0.70 Metres $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 9:19 AM on Tuesday, July 17th, 2018

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  • Reported first set of results from 30,000-metre 2018 drilling program at the Beaufor Mine
  • All four intersected QF1 structure, including Hole 18-124-92, which intersected 20.62 g/t Au over 3.95 metres, including 111.00 g/t Au over 0.70 metres

Exploration drilling continues to indicate strong gold potential at the Beaufor Mine

MONTREAL, July 17, 2018 – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to report the first set of results from its 30,000-metre 2018 drilling program at the Beaufor Mine. The current results are from nine exploration holes totalling 2,047 metres of drilling on the QF1 and 1700 projects (see composite schematic section).

QF1 project
The QF1 veins lie some 70 metres from the lower contact of Zone Q, the main zone currently in production at the Beaufor Mine. The current program aims to test the continuity of this structure over an extension of about 500 metres in the West, Central and East sectors, outside the known resource.

Four holes totalling 711 metres were drilled in the West sector. All four intersected the QF1 structure, including Hole 18-124-92, which intersected 20.62 g/t Au over 3.95 metres, including 111.00 g/t Au over 0.70 metres. This zone consists of two quartz-tourmaline veins 176 cm and 24 cm thick, containing 1% and 15% pyrite, respectively, within a chloritized, silicified, albitized granodiorite.

“The results of this first round of drilling in 2018 shows strong gold potential in the Zone Q footwall,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “This strengthens our sense that the mineral resource can be increased in this area. The next round of drilling, which is now underway, will test the three sectors of the QF1 structure, namely the West, Central and East.”

1700 project
Five holes were drilled in the 1700 project area for a total of 1,336 metres. All the holes intersected veins/veinlets and mineralization north of a major shear striking approximately 80°N.

The best results were obtained in holes 18-173-13 and 18-173-15, which returned grades of 12.05 g/t Au over 0.50 metres and 5.10 g/t Au over 3.05 metres. The mineralized intersections consist of quartz-tourmaline veinlets containing trace to 5% pyrite.

These holes confirm the vertical and lateral extension of a mineralized lens containing several veins and veinlets near the north contact of a shear, a structure that appears to be similar to the West Shear, known to be the main conductor for the gold at the Beaufor Mine. The western extension of the shear and the mineralized lenses is still not well understood.

Quality control and qualified person
Sampling normally consists of sawing the core into two equal halves along its main axis and shipping one of the halves to Val-d’Or for assaying at the ALS Geochemistry laboratory, which is fully accredited under ISO 17025. The samples are crushed, pulverized and assayed by fire assay with atomic absorption finish. Results exceeding 10.0 g/t are re-assayed using the gravity method. Certified standards and blanks are inserted into the sampling stream for quality control purposes.

The technical and scientific content of this press release has been reviewed and approved by Élise Bourgault, P.Geo., 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:  Summary of Beaufor Mine exploration drill results

Project Hole From
(m)
To

(m)

Core length

(m)

Grade
(g/t Au)
Zone/Vein
QF1

(West sector)

18-124-92 112.20 116.15 3.95 20.62 QF1
Including 112.20 112.90 0.70 111.00
18-124-93 25.35 25.85 0.50 33.35
86.50 88.10 1.60 1.40 QF1
18-124-94 10.20 10.70 0.50 5.91
69.05 69.85 0.80 3.54 QF1
18-124-95 13.15 14.00 0.85 3.13
56.80 58.25 1.45 5.39 QF1
Including 56.80 57.55 0.75 8.95
1700 18-173-11 1700
18-173-13 61.20 62.30 1.10 1.10
150.70 151.20 0.50 2.52 1700
154.60 155.10 0.50 12.05 1700
18-173-14 1700
18-173-15 33.20 33.70 0.50 2.78
169.85 172.90 3.05 5.10 1700
177.20 183.70 6.50 2.10 1700
Including 182.65 183.70 1.05 6.80
18-173-16 25.65 26.15 0.50 1.42
229.70 230.20 0.50 3.00 1700
235.85 236.45 0.60 2.10 1700
QF1 : True width corresponds to 65-90% of core length.
1700: True width corresponds to 40-70% of core length.

 

View original content with multimedia:http://www.prnewswire.com/news-releases/monarques-gold-intersects-20-62-gt-au-over-3-95-metres-at-the-beaufor-mine-including-111-gt-au-over-0-70-metres-300681818.html

The Founder’s Group Launches “CEO Verified” Discussion Forum On AGORACOM: Learn Why Shareholders Should Vote for the Superior Vision for Alexandria Minerals $AZX.ca

Posted by AGORACOM-JC at 4:08 PM on Friday, July 13th, 2018

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TORONTO, July 13, 2018 – Eric Owens, the founder and former CEO of Alexandria Minerals Corporation (“Alexandria” or “Company”) is pleased to announce that he has launched a “CEO Verified” Discussion Forum on AGORACOM. The forum will serve as the Founder Group’s primary social media platform to interact with shareholders and advise of the group’s future growth initiatives.

The Alexandria Minerals Discussion Forum can be found at:

https://agoracom.com/ir/thefoundersgroup/forums/discussion

Eric Owens, a concerned shareholder, is a member of the Founder’s Group of dissident shareholders who have requisitioned a shareholder meeting to remove three board members (the “Affected Board”) who we believe are disrespecting shareholder value for self-interested motives.

“Alexandria’s huge, largely unexplored Val d’Or property, located along the proven Cadillac Break, is highly prized and envied. We are deeply concerned with the lack of integrity displayed by the Company Board members, and how it affects Alexandria’s future and reputation, a company I founded and am (or was) proud of. Under my stewardship, we developed a reputation for integrity in the mining community while discovering gold.” Eric Owens

The Founder’s Group supports Eric Owens’ proposal to elect three highly-qualified and experienced candidates to the Alexandria Minerals board. These three respected professionals share Eric’s superior vision for Alexandria and are committed to maximizing shareholder value.  The new Board’s priorities will be to:

  1. Bring in the capital necessary to restart the scuppered drilling program, the largest planned program in Alexandria’s history;
  2. Re-start the 60,000 metre drill program; and
  3. Complete the 2-year period of aggressive discovery drilling.

To support this vision, Eric Owens and the Founder’s Group recommend that shareholders vote only on our YELLOW BALLOT.  We encourage you to vote the yellow ballot, even if you have already voted the blue ballot. Shareholders must cast their vote no later than 5:00 P.M. (EDT) on Thursday, July 19, 2018

Even if you have already voted, VOTE AGAIN! Your last vote is the vote that counts.

QUESTIONS? Reach out to Mr. Owens directly:

Email:  [email protected] ,

Phone: (416)-509-5385

Website www.votefoundersgroup.ca.

NEED HELP VOTING?   Contact Navigator Ltd.

Email:  [email protected]

Phone: 1-(844) 846-0441

MODERATED DISCUSSION FOR PUBLIC COMPANY EXECUTIVES AND SHAREHOLDERS

AGORACOM “CEO Verified” is a free service that provides the first ever identity verification of small cap executives on a finance platform.  For the first time ever, small cap CEO’s and other company officers can post or communicate within a discussion forum without the risk of impersonation leading to catastrophic consequences.  As the ultimate influencers of their own companies, “CEO Verified” Forums will create incredible levels of engagement between companies and investors that have long desired civilized, constructive and factual conversation, with no limitations as to the number of characters.

Posts to AGORACOM are shareable on Twitter, Facebook and LinkedIn, which enables the Company to continue utilizing these channels while making AGORACOM the primary HUB of investor engagement.

There are no log-in requirements for investors to visit the forum and read posts.  Those wishing to post questions, comments and interact with company officers can quickly log-in using their Facebook or LinkedIn accounts, or create an anonymous new user account.

For more information:

Mike Van Soelen
Navigator Ltd. [email protected]
(416) 307-3039 https://www.votefoundersgroup.ca/

Disclaimers

Eric Owens has not sought or obtained consent from any third party to the use herein of previously published information. Any such information should not be viewed as indicating the support of such third party for the views expressed herein.

Except for the historical information contained herein, the matters addressed in these materials are forward-looking statements that involve certain risks and uncertainties. You should be aware that actual results could differ materially from those contained in the forward-looking statements. Eric Owens does not assume any obligation to update the forward-looking information other than as required by law.

Posted by AGORACOM at 10:45 AM on Wednesday, July 11th, 2018

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  • Assays returned for holes COD18-17 to COD18-26 which tested the COD Vein
  • Hole COD18-21 returned 6.36g/t gold, 50.8g/t silver and 45.5g/t tellurium over 0.87 meter core length in hole COD18-21
  • Hole COD18-26 returned 10.3g/t gold over a 2.35 meter interval

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 the winter-spring diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18-17 to COD18-26 which tested the COD Vein. Highlights from these analytical results include 6.36 grams per tonne (g/t) gold, 50.8 g/t silver and 45.5 g/t tellurium over 0.87 meter core length in hole COD18-21 and 10.3 g/t gold over a 2.35 meter interval (1.4 meters actual recovered core from the 2.35 m Interval) in hole COD18-26.

Drill hole COD18-26 intersected gold bearing veins approximately 30 meters southwest of the 2017 trench. This hole was drilled approximately 100 meters southwest of 2017 drill hole COD17-14. Hole COD17-14 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).

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

The ongoing diamond drill program is being conducted in the Gold Drop Southwest Zone, testing and defining the COD Vein, a Dentonia/Jewel style quartz vein. Drilling is also ongoing at a separate gold bearing vein in this region, referred to as the Everest Vein. Previous drill core analytical results from the 2018 drilling program are reported in News Releases of May 29, June 4 and June 27. 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. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length.

The analytical results listed below are highlights from holes DDCOD18-17 to DDCOD18-26, testing the COD Vein. 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 table below are from the gold, silver and tellurium bearing vein and / or adjacent low grade mineralized host rock.

 

Hole ID From (m) To (m) Interval Length (m) Au (g/t) Ag (g/t) Te (g/t)
COD18-18 15.6 16.15 0.55 1.12 9.47 6.18
COD18-19 12.92 13.45 0.53 0.97 18.25 6.56
COD18-19 19.46 20.12 0.66 1.84 13.5 9.95
COD18-20 10.6 11.25 0.65 1.25 27.5 8.51
COD18-20 24.65 25.85 1.2 0.47 9.38 3.27
COD18-20 25.85 26.21 0.36 4.91 26.9 24.7
COD18-21 43.25 46.1 2.85 2.12 14.15 13.6
COD18-21 48.55 49.42 0.87 6.36 50.8 45.5
COD18-21 71.15 72.05 0.9 1.04 5.98 3.98
COD18-22 5.9 6.4 0.5 1.28 12.25 8.32
COD18-22 6.4 7.36 0.96 0.61 5.49 6.52
COD18-22 7.36 7.92 0.56 1.04 7.66 6.72
COD18-24 41.77 42.44 0.67 1.15 6.73 5.13
COD18-26 62 62.3 0.3 1.59 24.3 9.36
COD18-26 62.3 63.96 1.66 0.47 12.65 3.87
COD18-26 63.96 64.5 0.54 1.4 5.52 4.13
COD18-26 66.2 68.55 2.35* 10.3 1.09 0.24

 

*Broken core, true measured core recovered is 1.4 meters

Drill holes COD18-17 through COD18-26 of the 2018 drilling program tested under the southern part of the 2017 trench and further south of the 2017 trench, targeting the COD Vein. The holes south of the trench tested the continuation of the COD Vein south-southwest of the 2017 trench.

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

Drill core is being geologically logged and sampled at the Greenwood facility. Drill core is 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 are also being analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples are 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  

American Creek $AMK.ca Grants Purchase Option for Remainder of #Electrum Project JV to Tudor Gold $TUD.ca $SEA $SA $SKE.ca $PVG $MRO.ca

Posted by AGORACOM-JC at 9:15 AM on Thursday, July 5th, 2018

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  • Granted Tudor Gold Corp. an option to buy out the Corporation’s 40% interest in the Electrum Project Joint Venture located near Stewart, BC
  • Tudor paid the Corporation a non-refundable payment of $50,000 upon entering the agreement. If Tudor decides to exercise the option, a further payment of $2,650,000 will be made to the Corporation on or before August 15, 2018

Cardston, Alberta–(July 5, 2018) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) today announced that it has granted Tudor Gold Corp. (“Tudor”) an option to buy out the Corporation’s 40% interest in the Electrum Project Joint Venture located near Stewart, British Columbia.

Tudor paid the Corporation a non-refundable payment of $50,000 upon entering the agreement. If Tudor decides to exercise the option, a further payment of $2,650,000 will be made to the Corporation on or before August 15, 2018.

This transaction is subject to approval by the TSX Venture Exchange.

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 Gold (Walter Storm) as well as the 100% owned past producing Dunwell Mine.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, Red Tusk 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.

Forward Looking Information: This news release contains forward-looking statements regarding the option of the Corporation’s 40% interest in the Electrum Project Joint Venture and the potential exercise thereof by the optionee. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Whether or not the optionee chooses to exercise the option is out of the control of the Corporation. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Except as required by law, the Corporation does not intend to revise or update these forward-looking statements after the date hereof.

FEATURE: Explor $EXS.ca Flagship Hosts NI 43-101 Resource – 609K Oz Indicated, 470K Oz Inferred #Gold $EXN.ca $HBE.ca $OSK.ca

Posted by AGORACOM-JC at 2:46 PM on Wednesday, July 4th, 2018

Why Explor Resources?

  • Flagship Property Offers The Following:
  • NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred Gold
  • Property Is 13 KM From Downtown Timmins
  • Preliminary Metallurgical Testing on the low grade near surface gold ore completed
    • A representative sample from diamond drill holes in the area of the potential open pit
    • 45 kilogram composite sample of mineralized diamond drill core was sent to SGS Minerals Services for metallurgical test-work

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$GGX.ca GGX Gold Intersects 8.71 g/t Gold, 114 g/t Silver and 67.8 g/t Tellurium – Over 0.86 meters, Gold Drop Property, Southern British Columbia $K.ca $GZD.ca

Posted by AGORACOM at 9:34 AM on Wednesday, June 27th, 2018

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  • Analytical results have been received for drill holes DDCOD18-7 to DDCOD18-16, targeting the COD vein
  • DDEVE18-1 to DDEVE18-4 targeting the Everest vein, both within the Gold Drop Southwest Zone
  • DDCOD 18-11 returned 8.71 g/t gold, 114 g/t silver and 67.8 g/t tellurium over 0.86m
  • DDCOD18-7 at the COD Vein 7.53 g/t gold, 70.9 g/t silver and 45.1 g/t tellurium over 0.76 meter core

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce drill core analytical results from this winter’s Phase III diamond drilling program on the Gold Drop Property, located near Greenwood, BC. Analytical results have been received for drill holes DDCOD18-7 to DDCOD18-16, targeting the COD vein and DDEVE18-1 to DDEVE18-4 targeting the Everest vein, both within the Gold Drop Southwest Zone. Highlights include 8.71 g/t gold, 114 g/t silver and 67.8 g/t tellurium over 0.86 meter core length in DDCOD18-11 and 7.53 g/t gold, 70.9 g/t silver and 45.1 g/t tellurium over 0.76 meter core length in DDCOD18-7 at the COD Vein. The best COD Vein intercept to date from the 2018 drill program is 14.6 g/t gold, 150 g/t silver and 102 g/t tellurium over 2.1 meter core length in DDCOD-18-3 (News Release of May 29, 2018).

 

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

The ongoing diamond drill program is designed to test and further define the COD Vein, a Dentonia/Jewel style quartz vein, located in the Gold Drop Southwest Zone. Trenching during 2017 has exposed the northeast – southwest striking COD Vein for over 160 meter strike length. Drilling is also testing the Everest Vein in the area of a 2017 trench, located approximately 600 meters southwest of the COD Vein. 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). During 2017 forty meters of trenching was completed on the newly discovered Everest gold bearing quartz vein.

The analytical results reported in this News Release are highlights from holes 7 through 16 of the 2018 drilling program on the COD Vein, and holes 1 through 4 on the Everest Vein. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold and silver analyses are reported in grams per tonne (g/t). The intervals listed in the following table are from the gold and silver bearing vein and / or adjacent low grade mineralized host rock.

 

Hole ID From (m) To (m) Interval Length (m) Au (g/t) Ag (g/t) Te (g/t)
COD18-7 24.97 26.21 1.24 1.14 11.2 8.37
COD18-7 26.21 26.97 0.76 7.53 70.9 45.1
COD18-8 26.71 27.35 0.64 1.78 15.1 11
COD18-8 27.35 28.25 0.9 0.23 2.47 2.32
COD18-8 28.25 29.06 0.81 1.3 7.02 4.87
COD18-9 31.42 32.41 0.99 2.48 19.15 14.15
COD18-11 42.7 43.56 0.86 8.71 114 67.8
COD18-12 65.84 66.42 0.58 1.23 7.89 5.93
COD18-14 17.9 18.71 0.81 0.86 7.12 5.19
COD18-14 18.71 19.4 0.69 5.54 47.1 34.1
COD18-15 12.85 13.87 1.02 1.18 12.05 8.08
COD18-15 25.85 26.75 0.9 5.89 77.6 60.3
COD18-16 32.2 32.61 0.41 3.13 18.9 14.35
COD18-16 32.61 33.1 0.49 1.89 19.55 18.45
COD18-16 36.43 37.2 0.77 0.92 5.34 5.34
EVE18-2 20.9 21.4 0.5 2.04 18.85 14.05
EVE18-2 21.4 22.2 0.8 0.84 7.31 5.66
EVE18-2 22.2 23 0.8 1.3 11.25 8.64
EVE18-3 43.82 44.6 0.78 1 9.64 6.24
The most significant gold mineralization is found in the COD Dentonia/Jewel style quartz vein (including 26.21-26.97 meters in DDCOD18-7, 42.70-43.56 meters in DDCOD18-11, 18.71-19.40 meters in DDCOD18-14, and 25.85-26.75 meters in DDCOD18-15).  The vein is mineralized with pyrite and trace chalcopyrite and telluride minerals. Surrounding alteration is a magnetite destructive silicification and chlorite alteration. Strong fine disseminated pyrite is often found in these alteration zones. Significant gold mineralization occurs locally in the altered host rock such as 12.85-13.87 meters in DDCOD18-15 and 21.4-23.0 meters in Everest hole DDEVI18-2 (adjacent to the gold bearing vein at 20.9-21.4 meters).

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

 

Hole ID Dip Azimuth Depth (m)
COD18-7 52 354 47.55
COD18-8 65 354 62.79
COD18-9 75 354 93.27
COD18-10 55 338 71.34
COD18-11 45 280 65.84
COD18-12 55 291 87.17
COD18-13 45 261 68.89
COD18-14 45 351 41.45
COD18-15 55 351 50.6
COD18-16 65 351 50.6
EVE18-1 50 85 47.85
EVE18-2 45 68 47.85
EVE18-3 55 68 66.14
EVE18-4 46 45 56.39
Observed core vein contact angles indicate the COD vein is sub-vertical being structurally controlled by the host rock. The predominant host rock for the COD vein is a massive and competent medium grain granodiorite of the Antsey Pluton. Faulting does occur however the general north south trend of the vein is predictable.

 

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

 

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

 

Drill core is being geologically logged and sampled at the Greenwood facility. Drill core is 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 are also being analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples are 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.

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

Investor Relations: 

Mr.  Jack Singh: 604-488-3900     E-mail: [email protected]

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

The Crew

The 3 Biggest Trends That Will Drive #Gold In The Next 30 Years $AMK.ca $EXS.ca $MQR.ca $GR.ca $GGX.ca $HPQ.ca $GZD.ca

Posted by AGORACOM-JC at 11:45 AM on Thursday, June 21st, 2018

Olivier Garret , Contributor Opinions expressed by Forbes Contributors are their own.

  • The World Gold Council recently released an insightful report titled, Gold 2048: The Next 30 Years for Gold.
  • Report looks at overarching demographic, technological, economic, political, and social trends around the world and their implications for the gold market.

The World Gold Council recently released an insightful report titled, Gold 2048: The Next 30 Years for Gold. This report looks at overarching demographic, technological, economic, political, and social trends around the world and their implications for the gold market.

The report has brought together top gold industry experts as well as world-renowned authors and economists who discuss the underlying macro forces that will drive gold in the next 30 years.

This is an eye-opening yet lengthy read that I highly recommend to all investors (find it here). To give you a glimpse of what’s inside the report, this short overview presents the highlights and takeaways from an investment perspective.

Trend #1: The Rise of the Middle Class in Emerging Markets

According to the report, in the next 30 years, demographics will play an increasingly important role in shaping the global economy.

The big story of the next quarter-century will be the rising middle class in emerging markets, particularly in China and India. Recent reports estimated that, over the next 17 years, 170 million Asians will enter the middle class every year.

India, the largest consumer of gold, is set to become the fastest-growing economy in the coming decades. If it manages to pull off its ambitious political and economic reforms, its middle class might soar from 19% to 73% of total population.

“Not only will the Indian middle class become a driving force within the Indian economy, but its aggregate purchasing power will result in the creation of one of the largest markets in the world,” says the report.

China’s middle class, too, is rapidly expanding. But unlike India, the Chinese are facing major demographic headwinds. Key among them is an aging population, which might curb economic growth despite the gains from the expanding middle class.

Takeaway for gold investors:

India and China are the biggest consumers of gold worldwide. As their middle class and aggregate purchasing power grow, gold demand is expected to soar.

Trend #2: A Shift in Gold Demand and Supply Dynamics

Jewelry and investment-grade bullion are not the only drivers of gold demand. Gold has wide industrial applications as well. Practically every piece of electronics has a little gold used as highly conductive and corrosion-resistant material. Unknown to many, gold is even effectively used in medicine.

Here’s a quick rundown of technological trends from the report that will spur industrial gold demand:

  • The adoption of the Internet of Things (IOT) will lead to an explosion of electronics (and gold) used in all consumer durable goods.
  • A shift to hybrid and electric vehicles demand far more high-end electronic components that use gold.
  • Gold compounds show promise in clinical testing and even drugs as a new class of antibiotic.
  • A booming solar panel industry will demand more gold as a core catalyst component.

There are many more gold applications, but industrial applications make up only a small part of aggregate gold demand. Investment demand has a much more profound impact on the gold price.

The experts who contributed to the report predict that the growing popularity of gold-backed ETFs as well as advancements in fintech will be some of the biggest drivers of gold demand in the coming years. The convenience and cost-effectiveness that technology brings will make gold attractive to more investors, including Millennials.

Meanwhile, gold supply is under major constraints due to rising operating costs, scant gold discoveries, and low gold prices.

The report sums up the current situation in gold supply:

We expect new mine supply to decline over the next 30 years, hit by rising costs. Metals Focus estimates that, even today, new gold mines need a price of about US$1,500/oz, and with costs having increased at a compound annual rate of 10% over the past 15 years, additional ESG costs are likely to mean that even higher gold prices will be required in the future.

Takeaway for gold investors:

Due to operating constraints, gold miners will struggle to keep up with the growing gold demand. This, in turn, will put upward pressure on gold prices in the long run.

Trend #3: A Volatile Future

The investment landscape itself will radically change in the next 30 years. A combination of demographic, technological, and macroeconomic trends is creating structural changes in the global economy that will have profound implications for investors.

  • Working-age populations are shrinking in the developed world. Labor scarcity will put a strain on economic growth and equity returns. A rise in wages due to constrained labor supply is likely to mark the end of the low inflation era.
  • The rise of automation and AI—displacing increasingly more workers—will elevate political and social tensions and bring more volatility to the markets. We might also expect Western politics to become more redistributive, which will put a greater financial burden on investors via rising taxes.
  • The impact of demographics will have a profound effect on the dynamics of global powers. The Western world will be increasingly burdened by aging populations, scarce labor, and stagnant economic growth. Conversely, India and China are set to reach their golden demographic spot in the coming decades. Since demographics have a direct effect on economic growth, we are likely to witness an unprecedented shift of economic power from West to East. As a result, geopolitical tensions will rise.
  • The widespread adoption of big data and artificial intelligence in investing will increase automated trading in liquid markets. Automation and fast data dissemination will make investment preferences more correlated, so true diversification will be hard to achieve.

Takeaway for gold investors:

The next 30 years are going to be highly unstable, both politically and financially. As history shows, gold performs best in volatile times—and is the best, time-tested hedge against any crisis.

Source: https://www.forbes.com/sites/oliviergarret/2018/06/20/the-3-biggest-trends-that-will-drive-gold-in-the-next-30-years/#26437bbc29bb