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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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$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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$GR.ca Great Atlantic Commissions National Instrument 43-101 Technical Report on Golden Promise Gold Property – Central Newfoundland Gold Belt $ANX.ca $MOZ.ca $LAB.ca

Posted by AGORACOM at 8:58 AM on Tuesday, October 30th, 2018

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  • Summaries of historic work and work by Great Atlantic within the property.
  • 43-101 – compliant mineral resource estimates for the Jaclyn Main Zone which will also include data from 2010 work (27 diamond drill holes) which was completed after the previous 2008 historic mineral resource estimates.

 

VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / October 30, 2018 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has commissioned Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Larry Pilgrim, B.Sc., P.Geo. to complete a National Instrument 43-101 Technical Report on the Company’s Golden Promise Gold Property, located in the central Newfoundland gold belt. The report will include the following:

  • Summaries of historic work and work by Great Atlantic within the property.
  • 43-101 – compliant mineral resource estimates for the Jaclyn Main Zone which will also include data from 2010 work (27 diamond drill holes) which was completed after the previous 2008 historic mineral resource estimates.
  • Make recommendations for future work.

The Property hosts multiple gold bearing quartz veins and is located in a region of recent significant gold discoveries. The Golden Promise Property is located approximately 40 kilometers west-southwest of the Moosehead Project of Sokoman Iron Corp. (TSXV.SIC) and approximately 55 kilometers northeast of the Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) High grade gold is reported in quartz veins and quartz vein boulders within the Golden Promise Property.

Gold bearing quartz veins are reported in multiple areas of the Golden Promise Property, including at least 5 gold bearing quartz vein systems reported in one zone referred to as the Jaclyn Zone, located in the northern half of the Property. Much of the reported historical exploration at the Property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the Jaclyn Main, Jaclyn East, Jaclyn West, Jaclyn North and Jaclyn South Sub-zones.

Gold Bearing Jaclyn West (Christopher) Vein

Most historic work was conducted at the Jaclyn Main Zone. Reported diamond drilling gold (Au) intercepts (core length and estimated true thickness in meters) at the Jaclyn Main Zone include:

  • GP02-01: 16.57 g/t Au over 2.55m core length (1.64 m estimated true thickness)
  • GP02-09: 7.05 g/t Au over 4.90 m core length (2.22 m estimated true thickness)
  • GP06-52: 93.71 g/t Au over 1.40 m core length (1.25 m estimated true thickness)
  • GP07-91: 141.21 g/t Au over 0.45 m core length (0.33 m estimated true thickness)
  • GP07-92: 10.41 g/t Au over 4.70 m core length (1.60 m estimated true thickness)

Gold recovery from a reported 2,241 tonne bulk sample collected in 2010 at the Jaclyn Main Zone was reported to average 4.47 g/t gold. The average tails grade for the sample was reported to be 1.12 g/t gold. A “back-calculated head grade of 5.59 g/t gold” was reported for the bulk sample.

Quartz float samples collected by the Company during 2017 in one target area (referred to as the Branden Zone) in the northern region of the Property returned 57.2 and 200 grams / tonne (g/t) gold (News Release of August 28, 2017). A 0.32 meter long chip sample collected across the Shawn’s Shot Vein by the Company in 2017 returned 48.2 g/t gold (news Release of August 28, 2017).

Significant recent gold discoveries in the central Newfoundland gold belt include that of Sokaman Iron Corp. and Marathon Gold Corp. Sokoman Iron Corp. recently announced a high grade gold discovery on its Moosehead Property, located approximately 40 kilometers east-northeast of the Golden Promise Property. The discovery was made during the 2018 diamond drilling program. A drill intersection of 44.96 g/t gold over 11.90 meter core length was reported including a 1.35 meter core length quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. is located approximately 55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totalling 2,137,100 oz. of gold at 1.99 g/t and inferred resources totalling 1,104,800 oz. of gold at 1.99 g/t.

Readers are warned that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

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

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

On Behalf of the board of directors

“Christopher R Anderson“

Mr. Christopher R Anderson ” Always be positive, strive for solutions, and never give up ”
President CEO Director
604-488-3900
[email protected]

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$AAX.ca Advance Hits Over 30 Epithermal Vein Intersections at Tabasquena $TCK.ca

Posted by AGORACOM at 2:34 PM on Monday, October 29th, 2018
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  • Completed three drill holes in the phase 2 drilling program at the Tabasquena Silver Mine
  • 7 holes have hit a cluster of over 30 epithermal vein intersections.
  • Amethyst found in quartz in the veins, the amethyst is important as it is found in the epithermal veins mined in the Veta Grande trend.

Vancouver, British Columbia–(Newsfile Corp. – October 29, 2018) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) reports on the completion of three drill holes in the phase 2 drilling program at the Tabasquena Silver Mine, near Ojocaliente, Mexico. In an area covering around 125 metres along strike, and 200 metres wide, 7 holes have hit a cluster of over 30 epithermal vein intersections.

In the phase 2 drilling, only anomalous gold and silver were found in assays of 53 core samples, even though significantly more quartz is present and also amethyst. Not only is there an increase in the quartz in the veins, the amethyst is important as it is found in the epithermal veins mined in the Veta Grande trend.

In addition to increasing quartz in the veins, the quartz is also present in the country rock, andesite, near veins. Other signs of a large geological system, is that in hole 7, along with a cluster of veins, there was a 150 metre intersection of highly silicified andesite.

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “We have moved the Tabasquena project forward significantly in our first 7 holes finding a cluster of nearly 30 epithermal vein intersections. Not far from us is Fresnillo, Mexico, and right beside the city is a cluster of approximately 20 epithermal veins that were mined for over 500 years. We are in one of the most of important silver and gold districts in the world and have found a cluster of epithermal veins in a small area.

“Our exploration team is very excited about our holes into a cluster of epithermal veins during phase 2 drilling with roughly 30 epithermal vein intersections. We only saw anomalous gold in the phase 2 core samples, zonation of grade vertically and horizontally in epithermal veins is common, we are still just under the oxide zone by around 125 metres with our deepest drill holes.

“One of the blind veins discovered in phase 2 drilling is the Dakota vein, we hit a 17 metre intersection, it was a discovery made by drilling through a known vein, we continued to see quartz in the country rock, so kept drilling and hit the Dakota vein. It has a significant amount of quartz and amethyst. Another vein discovered was a 10 metre intersection with significant quartz. One of the smallest veins, 0.70 of a metre was over 90% quartz.

“We know that the geological system at the Tabasquena vein cluster has high-grade precious metals from historical mining by Penoles and our own drilling. The thickness of the veins close to surface, the amount of veins in a small area, the quartz in the veins and in the country rock, the thick zone of highly silicified andesite, are all indications that we are chasing a large geological system. We still have more drilling to do in order to understand the grade zonation along strike and at depth, but with a large cluster of epithermal vein intersections to test, we are off to a great start. Looking forward, phase 3 drilling should be a series of holes that drill down 500-700 metres deep to get into the guts of the precious metals horizon in our cluster of veins.

The Tabasquena project has exceptional infrastructure with paved road access, power lines going through the claims and is located in the Veta Grande trend, it can be drilled year round and is a low cost exploration project.”

Pictures of key intersections, the table of assays for phase 2 drilling, cross sections and a plan map can be found with this news release on the Advance Gold website and in the Tabasquena project section as well.

Julio Pinto Linares, PGeo, is the qualified person responsible for this release and has supervised the preparation, and approved the preparation of the scientific and technical disclosure contained within the 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

Nicosia Capital
Investor Relations
[email protected]

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INTERVIEW: Advance Gold $AAX.ca Discusses Aggressive Exploration Program at Tabasquena Silver Mine in Mexico

Posted by AGORACOM-JC at 4:14 PM on Friday, September 14th, 2018

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$NSM.ca Northern Sphere Mining Corp. Announces Purchase of the Scadding and Arizona Interests from Joint Venture Partner $FCX

Posted by AGORACOM at 9:42 AM on Friday, September 14th, 2018

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  • Acquired remaining 20% ownership in Scadding and Black Diamond
  • NSM now controls 100% of each property making them each more attractive for investment
  • NSM has complete control over both projects
  • Black Diamond in Arizona site of exceptional multi-element soil geochemisty results

Toronto, Ontario–(Newsfile Corp. – September 14, 2018) – Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce that it has acquired for nominal consideration Trueclaim Exploration Inc.’s (TSXV: TRM) remaining 20% interest in the joint ventures for the mineral property located in Scadding, Ontario and in Globe, Arizona.

“This is a meaningful acquisition for Northern Sphere. We believe that the projects at our Scadding and Arizona properties have a great deal of potential,” says A. John Carter, Chief Executive Officer of Northern Sphere. “As a result of this acquisition, we now have complete control over these projects and we are better positioned to move them forward.”

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

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GGX Gold Drilling Intersects 12.45 g/t Gold and 121 g/t Silver over 0.85 Meters — Everest Vein — Gold Drop Property, Southern British Columbia $K.ca $TUSK.ca

Posted by AGORACOM at 9:35 AM on Thursday, September 13th, 2018

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  • Diamond Drill results for Everest Vein holes EVE18 – 7 to 18, on the Gold Drop property
  • Highlight is EVE18-12 intersecting 12.45 g/t gold and 121 g/t silver over 0.85m of altered granodiorite
  • Everest Vein 2018 drill holes are located 350 to 800m south of the area of 2017 and 2018 COD Vein drill holes.

Vancouver, British Columbia (FSCwire) – GGX Gold . (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 EVE18-7 to EVE18-18 which tested the area of the Everest Vein, located in the Gold Drop Southwest Zone. The 2018 drilling also tested the COD Vein, located in the Gold Drop Southwest Zone, north of the Everest Vein. The highlight from these analytical results is 12.45 g/t gold and 121 g/t silver over 0.85 meter core length in altered granodiorite in drill hole EVE18-12.

Gold bearing altered granodiorite in drill hole EVE18-12

(12.45g/t Gold over 0.85meters)

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

The Everest Vein, located south of the COD 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 EVE18-7 to COD18-18 (intersections greater than 1 g/t gold), testing the area of the Everest 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).

Hole ID From (m) To (m) Interval Length (m) Au (g/t) Ag (g/t) Te (g/t)
EVE18-10 52.34 52.97 0.63 2.72 20.7 14.9
EVE18-12 40.41 41.26 0.85 12.45 121 91.2
EVE18-12 43.65 43.90 0.25 1.42 5.57 4.48
EVE18-13 46.42 47.34 0.92 1.32 12.8 9.9
EVE18-16 18.30 19.48 1.18 1.07 9.72 8.16
EVE18-16 20.09 20.72 0.63 3.00 31.2 22.0

 

The intersection at 40.41-41.26 meters in drill hole EVE18-12 is altered granodiorite with pyrite. The other intersections listed in the preceding table are altered granodiorite with pyrite and / or veining (quartz and or calcite).

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

The 2018 drilling program also 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. Numerous 2018 drill holes testing the COD Vein intersected significant levels of gold, silver and tellurium as reported in News Releases of May 29, June 14, June 27, July 11, July 19, July 25, August 1, August 9, August 15, August 22, August 30 and September 6. These included holes in the area of the 2017 trench and holes southwest of the 2017 trench. More significant gold intersections (core length) to date from the 2018 program at the COD and Everest veins are as follows:

  • COD18-3:       14.62 g/t Au over 2.1 meters
  • COD18-26:     10.3 g/t Au over 1.4 meter recovered core (within 2.35 meter interval)
  • COD18-28:     11.3 g/t Au over 0.51 meters
  • COD18-33:     8.65 g/t Au over 2.98 meters
  • COD18-34:     6.16 g/t Au over 3.41 meters
  • COD18-37:     8.23 g/t Au over 3.95 meters
  • COD18-45:     50.1 g/t Au over 2.05 meters
  • COD18-46:     54.9 g/t Au over 1.47 meters
  • COD18-49:     9.52 g/t Au over 1.47 meters
  • COD18-54:     7.60 g/t Au over 1.66 meters
  • EVE18-5:        10.55 g/t Au over 0.45 meters
  • EVE18-12:      12.45 g/t Au over 0.85 meters

The Everest Vein 2018 drill holes are located approximately 350 to 800 meters south of the area of 2017 and 2018 COD Vein drill holes.

In addition to the gold discovered by the Company at the COD and Everest veins, gold mineralization is reported in quartz veins in the east and north regions of the property. These include the Gold Drop, North Star and the Silent Friend quartz veins in the east region of the property and Amandy, Roderick Dhu, Lady of the Lake, Lake View and Moonlight in northern region of the property. High grade gold is reported for historic samples at some of these veins with samples reported to exceed 1 oz. / ton gold. Historic gold production occurred at the Gold Drop, North Star, Amandy and Roderick Dhu veins.

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. One sample from COD18-46 exceeded 1500 g/t silver and was re-analyzed for silver by Fire Assay – Gravimetric Finish. 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

 

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$NSM.ca Northern Sphere Mining Corp. announces Arizona Gold Processing Agreement with New Ruby Mining Corp.

Posted by AGORACOM at 8:40 AM on Tuesday, September 11th, 2018

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  • Entered into a gold processing agreement with New Ruby Mining Corp.
  • The initial production run of gold mineralized material is scheduled to occur during the fourth quarter of 2018.
  • NSM will make payment to New Ruby for the gold mineralized material based on a 50/50 net profit share arrangement.

Toronto, Ontario–(Newsfile Corp. – September 11, 2018) – Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“NSM” or the “Company”) is pleased to announce it has entered into a gold processing agreement with New Ruby Mining Corp. (“New Ruby”) pursuant to which the Company has agreed to process up to 100 tons per day of high grade gold mineralized material from New Ruby’s Houdon/Ellison gold property (the “Property”), located 80 miles north of NSM’s Globe Arizona production facility.

The processing by NSM will consist of crushing, grinding, screening, gravity concentration and pouring of gold dore bars. New Ruby has agreed to deliver the gold mineralized material to the NSM production facility in batches. The Company will store the mineralized material until sufficient tonnage is received for a production run. Tailings will be returned to the Property as backhaul loads as milling is completed. Gold dore bars will be sold by NSM directly to the refinery.

NSM will provide all of the management and accounting support in connection with these arrangements, including the collection of payment for the sale of gold dore bars. Following receipt of payment on the sale of gold dore bars, NSM will make payment to New Ruby for the gold mineralized material based on a 50/50 net profit share arrangement.

The initial production run of gold mineralized material is scheduled to occur during the fourth quarter of 2018. Metallurgical testing will commence immediately upon receipt of a 500 lbs sample of gold mineralized material from New Ruby. NSM’s production facility includes full gravity processing, an assay facility, maintenance shop and office.

“We are pleased that the Company will be in position to start generating revenue that will be used to advance our other assets,” stated A. John Carter, Chief Executive Officer. “Specifically, we will be focusing on our copper/silver/gold/manganese anomaly in Arizona (approximately 3 miles from the Buckeye Mine) and our gold/copper/cobalt/platinum group metals property in Northern Ontario.”

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:
A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

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$GR.ca Great Atlantic has Begun 2018 Exploration Drilling Program at its Pilley’s Island Base – Precious Metal Property Northern Newfoundland $LAB.ca, $ANX.ca $MOZ.ca

Posted by AGORACOM at 9:20 AM on Thursday, September 6th, 2018

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  • Commenced the 2018 exploration at its Pilley’s Island Base – Precious Metal Property, Newfoundland
  • program consists of prospecting and rock and soil geochemical sampling on a regional scale, multiple targets
  • Significant levels of zinc, lead, copper, gold and silver identified in 2017 at the Bull Road Showing

Vancouver, British Columbia (FSCwire) – GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has commenced the 2018 exploration program at its Pilley’s Island Base – Precious Metal Property, located in north-central Newfoundland, Newfoundland and Labrador. The property was expanded in 2018 to 4,600 hectares, covering most of Pilley’s Island. The current work program consists of prospecting and rock and soil geochemical sampling on a regional scale covering multiple target areas. The Company confirmed significant levels of zinc, lead, copper, gold and silver mineralization during 2017 within the property at the Bull Road Showing. The Company is also planning a diamond drilling program for 2018 at the Bull Road Showing.

 

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

The focus of Great Atlantic’s work to date on the property has been the Bull Road showing, located in the southern region of Pilley’s Island. A trench was excavated in 2017 at this showing exposing sulfide mineralization over a northwest-southeast length of 130 meters with a width varying between 1-7 meters. The Bull Road Showing is a polylithic slump breccia of volcanogenic massive sulphide mineralization containing massive sulphide clasts up to greater than a meter in length. Sample results from this trench are reported in the Company’s News Releases of November 16 and December 14, 2017. Bull Road Trench sample highlights include (channel sample lengths are in meters):

  • 1.05m channel sample: 15.40% Zn, 6.60% Pb, 4.66% Cu, 111.5 g/t Ag and 1.008 g/t Au.

 

  • 0.70m channel sample: 17.30% Zn, 0.10% Pb, 2.97% Cu, 31.2 g/t Ag and 0.449 g/t Au.

 

  • 0.95m channel sample: 3.95% Zn, 0.73% Pb, 2.83% Cu, 62.2 g/t Ag and 0.613 g/t Au.

 

  • 1.00m channel sample: 2.96% Zn, 0.03% Pb, 3.27% Cu, 30.4 g/t Ag and 0.563 g/t Au

 

  • Outcrop grab sample: 40.8% Zn, 4.69% Pb, 6.08% Cu, 22.5 g/t Ag and 1.366 g/t Au.

 

  • Outcrop grab sample: 32.60% Zn, 1.30% Pb, 8.38% Cu, 148.1 g/t Ag and 1.421 g/t Au

 

  • Outcrop grab sample: 36.40% Zn, 5.50% Pb, 4.22% Cu, 59.9 g/t Ag and 0.325 g/t Au

 

  • Outcrop grab sample: 27.5% Zn, 20.0% Pb, 5.78% Cu, 63.4 g/t Ag and 0.314 g/t Au

 

Bull Road Trench

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

 

Massive sulfide mineralization at the Bull Road Trench

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

The 2017 samples were analyzed at Eastern Analytical in Springdale Newfoundland (gold by Fire Assay – atomic absorption (AA); and copper, lead, zinc and silver by multi-acid digestion and AA). The channels samples were collected across selected clasts at generally right angles to the long dimension of the clasts.  The 2017 Bull Road trench sample data was verified by qualified persons who managed the sampling program and verified sample data.

Great Atlantic is planning a diamond drilling program for fall 2018 at the Bull Road showing.

The Pilley’s Island Property hosts the historic Pilley’s Island Mine, which operated during the 1890s and early 1900s. The Newfoundland and Labrador Department of Natural Resources reports historic estimated proven reserves of 1.159 million tonnes grading 1.23% Cu (referencing Grimley, 1968 as the source) or 627,373 tons at 2.34% Cu (referencing Walker, 1976 as the source ) in their Mineral Occurrence Database. David Martin, VP Exploration for Great Atlantic, states “These historical estimates of reserves are not reliable. The historical estimates are only relevant to the extent of identifying an area on the property for research and possible future exploration. The key assumptions, parameters, and methods used to prepare the historical estimates are not known.  A qualified person has not done sufficient work to classify the historical estimates as current resources or current reserves. A qualified person would need to complete sufficient work following CIM Best Practice Guidelines to upgrade or verify the historical estimates as current mineral resources or mineral reserves. This would almost certainly require additional exploration in the way of diamond drilling, trenching and / or underground work and corresponding sampling all of which must follow CIM Exploration Best Practice Guidelines.” Great Atlantic is not treating the historical estimates for the historic Pilley’s Island Mine as current mineral resources or mineral reserves.

Access to and infrastructure at the Pilley’s Island Property is excellent. The property is serviced with power mains and government maintained roads and is within 2 km of tide water. The property is located within a mining friendly district.

Readers are warned that historical data on the historic Pilley’s Island Mine referred to in this News Release have not been verified by a qualified person. A qualified person has not verified this data as the Company’s focus since acquiring the property in 2017 has been the Bull Road showing.

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

On Behalf of the board of directors

“Christopher R Anderson”

Mr. Christopher R Anderson  ” Always be positive, strive for solutions, and never give up ”

President CEO Director

604-488-3900

[email protected]

 

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$GGX.ca GGX Gold Drills 1.66 m of 7.6 g/t Au, 60 g/t Ag at Gold Drop #K.ca

Posted by AGORACOM at 8:33 AM on Thursday, September 6th, 2018

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  • Holes COD18-52 to COD18-54. The COD gold bearing vein is located in the Gold Drop Southwest Zone.
  • 7.6 g/t gold, 60.2 g/t silver and 34.1 g/t tellurium over 1.66 meter core length in drill hole COD18-54
  •   COD18-54 was collared approximately 50 meters northeast drill hole COD17-14 which intersected the 4.59 g/t gold over 16.03 m

GGX Gold Corp 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 COD18-52 to COD18-54 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone. High grade gold has been confirmed within the COD Vein during the 2018 drill program with some core samples exceeding 1 oz. / ton gold. Gold bearing quartz veins are also reported in the east and north regions of the property, with historic samples reported to exceed 1 oz. / ton gold for veins in both areas.

The analytical results listed below are highlights from drill holes COD18-52 to COD18-54 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein in the area of the 2017 trench at 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 highlight from these analytical results is the intersection of 7.6 g/t gold, 60.2 g/t silver and 34.1 g/t tellurium over 1.66 meter core length in drill hole COD18-54, including 35.8 g/t gold, 276 g/t silver and 154.5 g/t tellurium over 0.30 meter core length. This interval of quartz veining/ flooding and altered granodiorite is at approximately 20 meter vertical depth. This hole was collared approximately 50 meters northeast drill hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meter core length, including 10.96 g/t gold over 5.97 meter core length (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. Numerous 2018 drill holes testing the COD Vein intersected significant levels of gold, silver and tellurium as reported in News Releases of May 29, June 14, June 27, July 11, July 19, July 25, August 1, August 9, August 15, August 22 and August 30. These included holes in the area of the 2017 trench and holes southwest of the 2017 trench. More significant gold intersections (core length) to date from the 2018 program are as follows:

COD18-3: 14.62 g/t Au over 2.1 meters COD18-26: 10.3 g/t Au over 1.4 meter recovered core (within 2.35 meter interval) COD18-28: 11.3 g/t Au over 0.51 meters COD18-33: 8.65 g/t Au over 2.98 meters COD18-34: 6.16 g/t Au over 3.41 meters COD18-37: 8.23 g/t Au over 3.95 meters COD18-45: 50.1 g/t Au over 2.05 meters COD18-46: 54.9 g/t Au over 1.47 meters COD18-49: 9.52 g/t Au over 1.47 meters COD18-54: 7.60 g/t Au over 1.66 meters

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).

In addition to the gold discovered by the Company at the COD and Everest Veins, gold mineralization is reported in quartz veins in the east and north regions of the property. These include the Gold Drop, North Star and the Silent Friend quartz veins in the east region of the property and Amandy, Roderick Dhu, Lady of the Lake, Lake View and Moonlight in northern region of the property. High grade gold is reported for historic samples at some of these veins with samples reported to exceed 1 oz. / ton gold. Historic gold production occurred at the Gold Drop, North Star, Amandy and Roderick Dhu veins.

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. One sample from COD18-46 exceeded 1500 g/t silver and was re-analyzed for silver by Fire Assay – Gravimetric Finish. 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.

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