Beiträge von Minehunter

    Was verhindert in den meisten Kulturen (oder auch über große Zeiträume bei uns!) technischen Fortschritt?


    Die fehlende Notwendigkeit sich an klimatische oder sonstige Herausforderungen anpassen zu müssen zum Beispiel...


    Bei uns sind es hauptsächlich idiotische Po-liticker und Dummschafswähler :cursing: <X

    Metallic Minerals Expands Resource at La Plata Copper-Silver-Gold-PGE Project in Southwestern Colorado, USA






    VANCOUVER, BC / ACCESSWIRE / July 31, 2023 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce an updated National Instrument 43-101 Mineral Resource Estimate representing a 25% increase in contained metal based on an additional 1,730 meters of diamond drilling completed at its La Plata project in 2022. Inferred mineral resources at the Allard deposit now total 1,211 million pounds of copper ("Mlbs") and 17.6 million ounces ("Moz") of silver in a constrained model with 147.3 million tonnes at an average grade of 0.41% Copper Equivalent ("CuEq") (0.37% Cu and 3.72 g/t Ag) using a 0.25% CuEq cut-off grade (See Table 1 notes).
    [Blockierte Grafik: https://www.accesswire.com/users/newswire/images/771165/picture1.jpg]
    The expansion from the inaugural resource to the current 1,317 Mlbs CuEq is largely driven by the major discovery in drill hole LAP22-04 (drilled in 2022), which intersected 816 meters of 0.41% CuEq recovered (0.30% Cu, 2.47 g/t Ag, 0.038 g/t Au, 0.055 g/t Pd and 0.093 g/t Pd) bottoming in 5.39% CuEq recovered over 5.2 m (2.44% Cu, 18.7 g/t Ag, 5.0 g/t Au+PGE). Follow-up drilling is currently underway to test the extent of this newly discovered high-grade mineralization, and at the time of this news release, the first offset drill hole was drilling in porphyry mineralization and had reached approximately 500 m depth.
    The Allard deposit resource remains completely open to expansion laterally and to depth. Future mineral resource estimates will add gold, platinum and palladium to the copper and silver resource with additional drilling. These metals were not previously assayed for in historic drilling but add significant value to the recent drill intercepts. Furthermore, the greater La Plata copper-silver-gold-PGE project remains underexplored and open to new discoveries of both additional copper porphyry centers, as well as high-grade epithermal silver, gold and telluride mineralization that were the focus of historic mining in the district.
    Highlights

    • Inferred mineral resources at the Allard deposit now total 1,211 million pounds of copper and 17.6 million ounces of silver in a constrained model with 147.3 million tonnes at an average grade of 0.41% CuEq (0.37% Cu and 3.72 g/t Ag) using a 0.25% CuEq cut-off grade.
    • Contained copper equivalent metal has increased by 25% to 1,317 million pounds and the overall grade of the deposit also increased 5% to 0.41% CuEq.
    • Significant upside exists for both increases in equivalent grade and precious metal ounces due to limited historic assaying for gold, platinum and palladium. These metals, which are found in high concentrations in the 2022 drilling but are not included in the current resource estimate, are anticipated to be added with additional drilling. The precious metals component of LAP22-04 (silver, gold, platinum, and palladium) can add 50% or more in equivalent value above the copper only values in that hole.
    • The Allard resource remains open to expansion at depth and along strike with the discovery drill hole LAP22-04 being the easternmost hole drilled in the deposit.
    • Sixteen (16) untested potential porphyry centers have been identified on the greater La Plata project area, as well as target areas with potential for significant high-grade epithermal silver, gold and telluride mineralization.
    • Resource expansion drilling in 2022 totaled 1,780 m bringing the project total to 16,930 m in 59 drill holes.

    An NI 43-101-compliant technical report on the 2023 La Plata Resource will be filed on Sedar.com within 45 days.
    Scott Petsel, Metallic Minerals' President, states, "The current expansion of the La Plata resource is an early first step in realizing the true potential of the project and the fact that we were able to achieve a 25% increase over the inaugural resource with a modest amount of drilling in 2022 speaks to the well mineralized yet underexplored nature of the project. Hole LAP22-04 resulted in the discovery of new, extremely rich mineralization that is unconstrained to the east, north and at depth and clearly requires follow-up drilling to understand the true size and nature of the Allard resource. Metallic Minerals in collaboration with our strategic investor Newcrest Mining is excited to pursue expansion on this discovery in 2023 and have secured a drill capable of penetrating well beyond the current resource extent. The continuity of mineralization starting from surface, coupled with the very high grades at depth, represent significant upside to both scale and grade in future resource updates. We expect considerable expansion of the contained precious metals and copper with subsequent drilling and envision the potential scale for a Tier 1 asset. In addition, numerous high-priority untested targets have been identified outside of the resource area that we hope to begin testing in 2023." ...

    defintiv! geht ja um am ende das narrativ gut vs böse aufzulösen, nämlich mit DER ultimativen bedrohung die alle weltenbewohner betrifft, weshalb zusammenschluss/halt gefragt ist und das alles nur für die einheitliche währung bzw den weg dorthin psychologisch zu ebnen, was mit dem ronamär und "build back better bullshit angekurbelt wurde.
    ja, das war nur der einstieg zum lancieren des themas, aber im zuge dessen wurden ja schon politische "fakten" geschaffen.

    alternativ könnte man sie doch einfach anpinkeln, dann kühlen sie auch ab...

    ...ist in dem Fall erste Bürgerpflicht...


    ich freu mich schon richtig drauf :D

    Crescat jetzt live mit:
    Tectonic Metals
    Rackla Metals
    Banyan Gold
    Snowline Gold


    Externer Inhalt www.youtube.com
    Inhalte von externen Seiten werden ohne Ihre Zustimmung nicht automatisch geladen und angezeigt.
    Durch die Aktivierung der externen Inhalte erklären Sie sich damit einverstanden, dass personenbezogene Daten an Drittplattformen übermittelt werden. Mehr Informationen dazu haben wir in unserer Datenschutzerklärung zur Verfügung gestellt.


    :thumbup:

    Was ist an Gasaktien empfehlenswert?


    Ich hab da nur: Trillion Energy ^^ , EcoAtlantic Oil&Gas :whistling: , Desert Mountain Energy :/


    Und dann war mein Plan eigentlich den PB6GAS tief zu akkumulieren.


    Hab mitte April ne erste kleine EinstiegsPosi bei 7,00€ aufgemacht...
    aktuell bei 6,00€


    PB6GAS gerade bei 5,90 €... Ein guter Zeitpunkt für Einstieg oder Aufstockung? :whistling:
    Kann jemand sagen wie weit das noch fallen kann oder sollte?

    :thumbup:

    "Ein Herz für Kleine" -- im Minensektor Juniors, Entwickler -- habe ich in zunehmendem Maße.

    Ist natürlich Schön wenn man mal ne "Great Bear" im Portfolio hat oder hatte.
    Ist mir zwar noch nicht untergekommen aber ich hab nur so kleine Buden...
    Banyan Gold, Tectonic Metals, Guanajuato Silver, Nevada King, Goldmining.inc, Oroco Res., Goldshore Res., Skyharbour, MegaUranium, Metallic Minerals, Trillion Energy, ... um mal nur ein paar zu nennen ;)
    ...
    Einziger Senior ist bei mir KazAtomprom. ...und Africa Oil evtl.


    good hunt
    Minehunter

    Max Resource Discovers New Copper-Silver Zone at the AM District CESAR Project


    Vancouver B.C., May 25, 2023 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MAX; OTC: MXROF; Frankfurt: M1D2) is pleased to report the discovery of a significant copper-silver system, called AM-7, which is located on 1 of 6 new Application for Mining Concessions. All six concessions lie within the AM District of Max’s wholly owned CESAR Copper Silver Project in northeastern Colombia (refer to Figures 1 to 9).
    Highlights

    • The AM-7 Target is the 7th discovery by Max in the AM District.
    • The total number of copper-silver targets at the CESAR Project now stands at 21.
    • The AM-7 mineralized horizon is a tabular body that ranges from 0.3m to 2m in width, extends over 1600m along strike and is open in all directions.
    • AM-7 encompasses five historic open cut copper workings extending over 700m (refer to Figures 3 to 7).
    • The primary copper mineral is Chalcocite (80% by weight copper) with minor malachite.
    • Rock chip and channel samples have been collected across the outcroppings and results are pending.
    • Six new Application for Mining Concessions were approved this year.

    “AM-7 appears to be a significant discovery with potential for multiple stacked mineralized horizons across an impressive strike length of at least 1,600m and is open in all directions. To date, Max has identified 21 copper silver targets through three districts that span over 90-km of the Cesar Copper Rich Basin: AM, URU and Conejo,” commented Max CEO, Brett Matich.
    “The significant AM-7 discovery underscores the potential of the Cesar Basin to host multiple depositional models as our skilled exploration team continues to make significant copper-silver discoveries,” he continued.
    Max is one of the first companies to recognize this part of Colombia is underexplored for copper, and our persistence and patience continues to be rewarded as evidenced by the AM-7 discovery,” he concluded.
    [Blockierte Grafik: https://www.maxresource.com/images/news/e45dca5e3236271157ec0d82ccfbbccb6af04397.png]
    Figure 1. CESAR Project.
    [Blockierte Grafik: https://www.maxresource.com/images/news/0e2939655113b759725e45ac443b2de419e62f6d.jpeg]
    Figure 2. AM District copper silver targets, AM-1 to 7.
    [Blockierte Grafik: https://www.maxresource.com/images/news/12da05f728c84e81ebece76de959e6ec7e513676.jpeg]
    Figure 3. Pit 1, AM-7.
    Pit 1, Video link: https://www.youtube.com/watch?v=5LBvWmxyitI


    [Blockierte Grafik: https://www.maxresource.com/images/news/e311b83ee90791bdd097db58d304da6d410c328d.jpeg]
    Figure 4. Pit 2, AM-7.
    Pit 2, Video link: https://www.youtube.com/watch?v=uKoSWVBrh5k
    [Blockierte Grafik: https://www.maxresource.com/images/news/1254b2788ea9ed187e6a2b2e79bddb277c17b4a3.jpeg]
    Figure 5. Pit 3, AM-7.
    Pit 3, Video link: https://www.youtube.com/watch?v=9GiQtoKf2JU
    [Blockierte Grafik: https://www.maxresource.com/images/news/4b67e342805ec7364e8fde231cae92c69b678520.jpeg]
    Figure 6. Pit 4, AM-7.
    Pit 4, Video link: https://www.youtube.com/watch?v=WM0BRNP1R_U
    [Blockierte Grafik: https://www.maxresource.com/images/news/df6a634ed870f78c1c500abea2ec73af6718c8d2.jpeg]
    Figure 7. Pit 5, AM-7.
    Pit 5, Video link: https://www.youtube.com/watch?v=awqroeL_iWU
    The AM-7 Target represents classic stratiform copper-silver mineralization hosted in interbedded mudstone, siltstone and fine grained cross bedded red-bed sandstone of the La Quinta Formation. The mineralized horizon is a tabular body that ranges from 0.3m to 2m wide and extends for over 1600m meters along strike. The mineralized ‘reduced beds’ are bleached (clay-sericite-calcite-limonite altered) and lie between shallow water red-bed sediments, typically arkose fine grained sandstone (refer to Figure 8).
    [Blockierte Grafik: https://www.maxresource.com/images/news/eee77d698956cc7515aa12df5b064c29ee4a076d.png]
    Figure 8. Copper Mineralization at AM-7.
    [Blockierte Grafik: https://www.maxresource.com/images/news/ff30514aca4f2e85d1c29daa7a205196e96b1b46.png]Figure 9. Mineralized Sedimentary Rocks at AM-7.
    Chalcocite is the main copper‐bearing mineral in the prospect and is concentrated along stratigraphic laminations, and as disseminated grains. Malachite and azurite have also been observed. Carbonaceous material was associated with all mineralized beds (refer to Figure 9).
    Channel and chip samples across AM-7 were collected at intervals over the length of the exposed mineralization. Assays are expected in the coming weeks and will help to define next steps in the evaluation of the AM-7 Target.
    Target Evaluation
    Max is evaluating the each of the 21 targets it has identified at Cesar for potential drill testing. Assessing each target area includes the following field activities:

    • Systematic chip and channel sampling of the mineralized outcrops.
    • Detailed geological and structural mapping of each showing.
    • Trenching where possible to expose additional mineralization.
    • Target scale prospecting and soil sampling.
    • Ground geophysical surveys.

    The information gathered during this process will allow the Company to select several of the highest priority targets for testing during the next drill campaign.
    Background
    Max’s CESAR Project lies along the copper silver rich Cesar basin in NE Colombia. This region provides access to major infrastructure resulting from oil & gas and mining operations, including Cerrejón, the largest coal mine in South America, held by global miner Glencore. Max’s twenty mining concessions collectively span over 188-km² (refer to Figure 1).
    In 2022, Max executed a 2-year co-operation agreement with Endeavour Silver Corp. (TSX: EDR, NYSE: EXK), which assists Max to significantly expand its 100% owned landholdings at CESAR, Endeavour will hold an underlying 0.5% NSR.
    Starting in the far north of the Jurassic basin, classic stacked red bed outcrops with extensive lateral continuity have been rock sampled over many kilometres within the AM District. Highlight values of 34.4% copper and 305 g/t silver have been documented in the sedimentary red bed sequences.
    The Conejo District, midway south, demonstrates mineralization at the contact of intermediate and felsic volcanics which outcrops over 3.7-km. The average of surface samples over a 2.0% cut-off come in at 4.9% copper.
    To the far south, the 2022 inaugural drilling was initiated at two mineralized surface exposures, each located 0.75-km apart and lie within the URU District’s 20-km-long, 2-km wide mineralized target area. The drill program at URU-C and URU-CE was the first opportunity to test continuity of the structurally controlled copper silver mineralization within the volcanic host rocks in the sub-basinal environment of the Cesar sedimentary basin.
    Qualified Person
    The Company's disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, PGeo (British Columbia), a member of the Max Resource advisory board, who serves as a qualified person under the definition of National Instrument 43-101.
    About Max Resource Corp.
    Max Resource Corp. (TSXV: MAX) is a mineral exploration company advancing the newly discovered district-scale CESAR copper-silver project. The wholly owned CESAR project sits along the Colombian portion of the world’s largest producing copper belt (Andean belt), with world class infrastructure and the presence of global majors (Glencore and Chevron).
    In addition, Max controls the RT Gold project (100% earn-in) in Peru, encompassing a bulk tonnage primary gold porphyry zone, and 3-km to the NW, a gold bearing massive sulphide zone. Historic drilling in 2001, returned values ranging 3.1 to 118.1 g/t gold over core lengths ranging from 2.2 to 36.0-metres.
    Max is proactive, with the corporate goal of transitioning the CESAR basin towards the mining of copper, the key metal for Colombia’s transition to clean energy. The safety of our people and the communities where we operate is most important. We conduct exploration in a manner which supports protection of ecosystems through responsible environmental stewardship.
    Source: NI 43:101 Geological Report Rio Tabaconas Gold Project for Golden Alliance Resources Corp. by George Sivertz, Oct.3, 2011
    For more information visit: https://www.maxresource.com/

    Replay vom gestrigen Metallic Minerals Webinar:


    Externer Inhalt www.youtube.com
    Inhalte von externen Seiten werden ohne Ihre Zustimmung nicht automatisch geladen und angezeigt.
    Durch die Aktivierung der externen Inhalte erklären Sie sich damit einverstanden, dass personenbezogene Daten an Drittplattformen übermittelt werden. Mehr Informationen dazu haben wir in unserer Datenschutzerklärung zur Verfügung gestellt.

    Tectonic Metals Announces C$6,000,000 Private Placement with Strategic Investment by Crescat Capital To Fund The Inaugural 2023 Drilling of Flat Project





    VANCOUVER, BC, May 9, 2023 /CNW/ - Tectonic Metals Inc. (TSXV: TECT) (OTCQB: TETOF) (FSE: T15B) ("Tectonic" or the "Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (the "Lead Agent"), pursuant to which the Lead Agent, on behalf of a syndicate of agents (collectively, the "Agents") will act as lead agent for the Company on a 'best efforts' agency basis in connection with a private placement of units (the "Units") of the Company at a price of C$0.11 per Unit (the "Offering Price") for gross proceeds to the Company of up to C$6,000,000 (the "Offering"). The Offering has been structured to take advantage of the LIFE exemption whereby common shares issued pursuant to the exemption will be freely tradeable listed equity securities not subject to any hold period (see below).
    Tectonic's largest shareholder, Crescat Capital, who currently owns 19.56% of the issued and outstanding Common Shares of Tectonic, will be participating in the Offering pursuant to a pre-emptive right granted to them by Tectonic.
    Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share of the Company (a "Warrant Share") for a period of 24 months following the closing date of the Offering at an exercise price of C$0.15.
    The Units to be issued under the Offering will be offered to purchasers pursuant to: (i) the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions ("NI 45-106") for gross proceeds of up to C$5,000,000 (the "LIFE Units"), in all the provinces of Canada, except Québec, and (ii) the accredited investor exemption under NI 45-106 for the balance of the Offering (the "Hold Units"). The LIFE Units will not be subject to resale restrictions pursuant to applicable Canadian securities laws. The Hold Units will be subject to a statutory hold period of four months in accordance with applicable Canadian securities laws. Purchasers under the Offering will receive a fixed ratio of LIFE Units to Hold Units, being 5:1. Each subscriber must purchase one Hold Unit for every 5 LIFE Units purchased.
    The Agents will also be entitled to offer the Units for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the "1933 Act"), and in those other jurisdictions outside of Canada and the United States provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction.
    The net proceeds of the Offering will be used to advance the Company's Flat Gold Project and for general corporate and working capital purposes.
    There is an offering document relating to the Offering that can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.tectonicmetals.com. Prospective investors should read this offering document before making an investment decision.
    The Offering is scheduled to close on or about May 30, 2023 (the "Closing Date") and completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange (the "TSXV").
    The Offering and issuance of the Units referenced in this press release will involve related parties (as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101")) and therefore constitutes a related party transaction under MI 61-101. This transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed or quoted on any of the stock exchanges or markets listed in subsection 5.5(b) of MI 61-101, and the fair market value of the securities to be distributed and the consideration to be received for the securities under the Offering will not exceed 25% of the Company's market capitalization.
    This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.
    About Tectonic
    Tectonic Metals Inc. is a mineral exploration company created and operated by an experienced and well-respected technical and financial team with a track record of wealth creation for shareholders. Key members of the Tectonic team were involved with Kaminak Gold Corporation, the company that raised C$165 million to fund the acquisition, discovery, and advancement of the Coffee Gold Project in the Yukon Territory through to the completion of a bankable feasibility study before selling the multi-million-ounce gold project to Goldcorp Inc. (now Newmont) for C$520 million in 2016. Tectonic is focused on the acquisition, exploration, discovery, and development of mineral resources from district-scale projects in politically stable jurisdictions that have the potential to host world-class orebodies.
    Whether at home or at work, the Tectonic team is grounded on the following core values: passion, integrity, patience, focus, perseverance, honesty, fairness, accountability, respect and a play big mindset. The Company works for its shareholders and is committed to creating value for them.
    To learn more about Tectonic, please click here.

    Metallic Minerals Announces $6.3 Million Strategic Equity Investment by Newcrest Mining






    VANCOUVER, BC / ACCESSWIRE / May 10, 2023 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce a strategic equity investment by a wholly-owned subsidiary of Newcrest Mining Limited ("Newcrest") in the form of a non-brokered private placement, with the goal of advancing the Company's La Plata copper-silver-gold-platinum group element alkalic porphyry project in Colorado, USA.
    Pursuant to the private placement, Newcrest will complete a financing of $6.34 million, consisting of 15,838,593 units of Metallic Minerals at a price of $0.40 per unit, with each unit comprising one common share and 0.75 of a common share purchase warrant. This represents a 13% premium to the 20-day volume weighted average price of Metallic Minerals' shares on the TSX-V on May 9, 2023. Each full warrant shall entitle Newcrest to purchase one common share at an exercise price of $0.55, providing $6.5 million in additional funding, if exercised. The warrants shall be exercisable for three years from the date of issue and contain a customary acceleration provision, which shall be effective if the common shares trade for a period of 20 consecutive trading days at or above $0.825 on the TSX-V.
    Following closing of the investment, Newcrest will hold 9.5% of the issued and outstanding common shares of Metallic Minerals on a non-diluted basis and, including the warrants, 15.5% of the issued and outstanding common shares on a partially diluted basis.
    Metallic Minerals CEO and Chairman, Greg Johnson, stated, "As an industry leader with extensive expertise in precious metals rich, alkalic porphyry systems, Newcrest was quick to recognize the geologic significance of the drill results from our 2022 campaign at La Plata. We are very pleased to welcome them as a new major shareholder. Newcrest's investment is a strong endorsement of the technical merits and potential of the project and a vote of confidence in our experienced team. This funding will enable us to fast-track our planned expansion drilling to follow-up the success from 2022. This year is shaping up to be one of the most exciting in our company's history, with an updated resource estimate in progress at La Plata and an inaugural resource at our Keno Silver project also underway."
    Metallic Minerals President, Scott Petsel, stated, "This is a transformational period for Metallic Minerals and the La Plata project. Newcrest brings key, relevant exploration and operational experience and success in deposits of very similar character to that of La Plata, particularly their Red Chris and Cadia-Ridgeway operations. Our technical team has developed a follow-up drill program for La Plata that we expect can rapidly begin to define the extent of the high-grade mineralization, which remains completely open to expansion from the discovery drilling in 2022. Hole 22-04 intersected 816 meters of continuous porphyry mineralization and ended in spectacular copper and precious minerals grades. We are eager to discover the extent to which that high-grade mineralization continues laterally and to depth and anticipate this new drilling will have a positive impact on the overall grade and value of the deposit. Our team is very much looking forward to working with Newcrest to advance these common exploration and development goals."
    Fraser MacCorquodale, Newcrest's GM Exploration, stated, "We are excited to become a cornerstone investor in Metallic Minerals and to be able to contribute towards this promising copper and precious metal project in the United States. We look forward to collaborating with the experienced management team at Metallic Minerals to leverage our combined skills."
    In connection with the private placement, Metallic Minerals and Newcrest have entered into an investor rights agreement, pursuant to which Newcrest will be entitled to certain customary rights including participation in future equity issuances and a right to maintain its pro-rata position in the Company. Newcrest and the Company have also agreed to certain customary standstill and transfer restrictions.
    In addition, a technical committee will be formed with representatives from Metallic and Newcrest, providing access to Newcrest's substantial technical expertise in similar alkalic porphyry systems and underground bulk-tonnage, block-cave mining operations. Newcrest shall also have a right to appoint a director to Metallic Minerals' board, upon exercise of the private placement warrants, if they hold at least 13% of the issued and outstanding shares of the Company.


    link...

    Goldshore Announces Inferred Mineral Resource Estimate of 6.00Moz
    Contained Gold at 1.02 g/t Au within 183.6Mt at the Moss Gold Project



    Shear Domain at the Moss Deposit increases to 3.35Moz at 1.84 g/t Au within 56.5Mt


    Vancouver, British Columbia--(Newsfile Corp. - May 8, 2023) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company") is pleased to announce an updated mineral resource estimate (the "Moss MRE") for the Moss deposit ("Moss" or the "Moss Deposit") and a maiden mineral resource estimate (the "East Coldstream MRE" and, together with the Moss MRE, the "MRE") for the East Coldstream deposit ("East Coldstream" or the "East Coldstream Deposit"), both located at its 100%-owned Moss Gold Project in Northwest Ontario, Canada (the "Moss Gold Project" or the "Project").

    • Moss Gold Project global inferred resource grows 44% to 6.00Moz at 1.02 g/t, within 183.6Mt.


    • Moss MRE grows with 24% more contained gold ounces and 32% more tonnes from 4.17Moz Au in 121.7Mt (November 2022 mineral resource estimate) to 5.42Moz Au at 1.03 g/t Au within 163.6Mt (open pit and underground).


    • The shear domain has increased in contained metal and tonnage from the November 2022 mineral resource estimate by 52% and 63%, respectively, to 3.35M oz Au at 1.84 g/t Au within 56.5Mt (open pit only).


    • There is clear expansion potential over the 8km-long belt through strike extensions (in both directions) and parallel shears where gold mineralization has been intersected but is sparsely drilled.


    • East Coldstream MRE introduced at 580Koz at 0.91 g/t Au in 20.0Mt (open pit and underground).


    • Implied stripping ratios are 5.2:1 for Moss and 6.4:1 for East Coldstream.


    • This resource increase implied by the Moss Gold Project demonstrates the scale of the project and the opportunity for a high-grade open-pit gold project.


    • Work is well underway on studies to support a preliminary economic assessment ("PEA") planned for later this year.


    • The Moss Gold Project is host to 29 additional targets over a 35 km trend, which the Company continues to evaluate, and prioritize for future drill campaigns.


    • The Company has incurred discovery costs of approximately CAD$10 per ounce of inferred Au resource (all-in) including acquisition costs and overheads. This can also be measured as approximately 76 ounces Au per meter drilled (all-in costs included) in the 78,000 meters drilled to date.

    Summary of the MRE ...




    Externer Inhalt www.youtube.com
    Inhalte von externen Seiten werden ohne Ihre Zustimmung nicht automatisch geladen und angezeigt.
    Durch die Aktivierung der externen Inhalte erklären Sie sich damit einverstanden, dass personenbezogene Daten an Drittplattformen übermittelt werden. Mehr Informationen dazu haben wir in unserer Datenschutzerklärung zur Verfügung gestellt.