Beiträge von Minehunter

    Lithoquest Resources LDI.V
    early stage, pre discovery explorer northern Ontario, CAN.
    Website
    Präsentation
    Ceo.ca


    Hier stellt Quinton Hennigh Lithoquest Resources vor und erklärt die spezielle Form der erwarteten Vorkommen. Eine vor Jahrmillionen entstandene Im Ozean abgelagerte Eisenschicht in die sich Gold eingelagert hat. (Iron Formation Gold Deposit). Als Beispiele führt er u. A. Homestake mit +42MOz und Musselwhite (+6Moz) das sich einige km nördlich der Gebiete von Lithoquest befindet an. Neben Sprott, Crescat Capital und U.S. Global Investors sind hier vier weitere Investmentgesellschaften dabei und die MK liegt noch bei lächerlichen $10.0M.


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    Denke das ist ne Megachance und wenn man sich ansieht wer da alles investiert ist und dass die Story jetzt von Quentin Hennigh beworben wird...
    Retail ist nur 40% und erstes Drill Programm ist noch in Q1 geplant.
    Ich bin hier seit gestern mit ner kleinen Einstiegsposi (0,9%) an der TSX-V dabei. :thumbup:


    Grüße
    Minehunter

    Group Ten Metals Expands IP Geophysical Anomalies to 12 Kilometers in Length at Stillwater West Critical Metals Project in Montana USA
    February 2, 2022 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the “Company” or “Group Ten”) reports results from the Induced Polarization geophysical (“IP”) survey completed in 2021 at its 100%-owned Stillwater West PGE-Ni-Cu-Co + Au project in Montana, USA. The 2021 survey was completed as an expansion off the west end of the 2020 survey, covering the area between the Hybrid and DR deposits at Chrome Mountain and drill-defined high-grade gold mineralization at the Pine target area (see Figure 1). The size and strength of the resulting geophysical signatures demonstrate additional potential for large bodies of sulphide mineralization.
    2021 Survey Highlights:

    • High-level geophysical anomalies, measured and modeled in 3D to 800 meters depth, extend the combined model from 9.2 kilometers (“km”) to 12km in length in the center of the 32-kilometer-long Stillwater West project.
    • The five deposits defined by the Company’s inaugural NI43-101 mineral resource estimate* are set in similar anomalies in the 2020 IP survey and show strong spatial correlations with IP results, demonstrating the effectiveness of the technique in targeting desirable Platreef-style sulphide mineralization in the lower Stillwater complex.
    • Results of the combined IP surveys suggest significant expansion potential for drill-defined sulphide mineralization in the 2021 mineral resource estimates which delineated a total of 1.1Blbs of nickel, copper, and cobalt, plus 2.4Moz of palladium, platinum, rhodium and gold1.
    • The expanded survey included the Pine target area with the objective of finalizing drill targets and advancing drill-defined high-grade gold mineralization towards definition of a formal mineral resource.
    • Very high chargeability readings of over 180 mV/V were returned in the Pegmatoid Ridge target area, coincident with a strong kilometer-scale gold-in-soil anomaly that is contiguous with drill-defined high-grade gold at the Pine target, two kilometers to the southeast. Anomalous palladium, platinum, nickel and copper are also seen in soils in this area.
    • IP geophysics has proven to be an effective tool for identifying high-grade sulphide mineralization in the lower Stillwater Igneous Complex, guiding Group Ten’s 2020 and 2021 drill campaigns to the discovery of multiple new high-grade magmatic horizons of Platreef-style nickel and copper sulphide mineralization, with palladium, platinum, rhodium, gold, and cobalt.

    Michael Rowley, President and CEO, commented, “Results from the 2021 IP geophysical survey expanded our model of the core project area by 30% in length and advanced very high-quality targets with some of the highest chargeability readings to date. 3D models developed from the combined survey - and the strong correlation with drill-defined mineralization that is demonstrated across the core 12-kilometer span of the project - highlight the remarkable scale and potential of the mineralized system at Stillwater West and provide important information on structure and geometry for our predictive geologic model to guide future drill campaigns. Near-term, we are looking forward to announcing additional assay results from the 14 resource expansion holes drilled in 2021. Those results will allow us to finalize our exploration plans for 2022 which will focus on resource expansion drilling in priority deposit areas in addition to other high priority targets within the now expanded 12km core project area.”
    [Blockierte Grafik: https://grouptenmetals.com/site/assets/files/3919/figure_1_-_2021_mre_with_combined_ip_-_final_for_nr.800x0-is.png]
    Figure 1 – 2021 Mineral resource estimates (yellow) show strong correlation with 3D model results of the combined 2020 and 2021 IP survey across the expanded 12km core project area. Very large-scale chargeability and conductivity anomalies, shown in pink and blue respectively, indicate potential for additional large bodies of sulphide mineralization in the lower Stillwater complex.



    ...


    Freeman Gold Adds Two Additional Drill Rigs – Beauty Zone Drill Core Sent for Analysis


    VANCOUVER, BRITISH COLUMBIA – February 2, 2022 – Freeman Gold Corp. (CSE: FMAN, OTCQB: FMANF, FSE: 3WU) (“Freeman” or the “Company”) is pleased to provide an update on its Lemhi Gold Project (“Lemhi”), Idaho. Further to the announcement dated October 27, 2021, initial drilling at Lemhi commenced at the newly identified Beauty Zone (“Beauty Zone”) during Q4 2021. Three diamond drill holes (FG21-001 to 003) totalling 328 meters were completed and have now been sent to the laboratory for analysis.
    After completing drilling at the Beauty Zone, the diamond drill was moved to the Lemhi Gold Deposit. Thus far three drill holes totalling 797 meters as part of the designed Phase 2 drill program have been completed. All three drill holes were step outs to the west of the deposit (FG21-004, 005 and FG22-001 – 85m step out, 93m step out, and 17m step out respectively). Continuation of Phase 2 drilling is currently underway.
    Freeman has signed a second diamond drilling contract with Major Drilling America, Inc. to provide two additional coring rigs in Q1 2022. This will bring the total operating rigs during Q1 to three to accelerate the resource expansion drill program and increase the total planned meterage to over 10,000 meters.
    All drill core samples will be sent to ALS Minerals Division, Vancouver, BC, an independent and fully accredited laboratory in Canada for analysis for gold by Fire Assay and multi-element Induction Coupled Plasma Spectroscopy (select holes). Freeman has a regimented Quality Assurance, Quality Control program where at least 10% duplicates, blanks and standards are inserted into each sample shipment.
    The Company has granted 1,150,000 stock options to consultants of the Company with each stock option exercisable into a common share of the Company (a “Share”) at a price of $0.50 for a period of five years and 1,800,000 stock options to certain directors and officers with each stock option exercisable into a Share at a price of $0.50 for a period of five years.

    About the Company
    Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the “Lemhi Project”). The Lemhi Project comprises 30 square kilometers of highly prospective land. The project hosts a near surface, shallow, high grade oxide gold resource. The pit constrained National Instrument 43-101 (“NI 43-101”) compliant mineral resource estimate is comprised of 749,800 oz gold (“Au”) at 1.02 grams per tonne (“g/t”) in 22.94 million tonnes (Indicated) and 250,300 oz Au at 1.01 g/t Au in 7.83 million tonnes (Inferred). The Company is focused on growing and advancing the Lemhi Project towards a production decision. The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geol., VP Exploration of the Company and a Qualified Person as defined by NI 43-101.
    On Behalf of the Company
    William Randall
    President and Chief Executive Officer
    For further information, please visit the Company’s website at www.freemangoldcorp.com

    Hi @vatapitta,


    es gibt ja genug andere Explorer oder sonstige Minenunternehmen.
    Was sind denn deine bevorzugten Ag-Explorer momentan und bei aktuellem Kurs?


    Ich sehe es nicht als Nachteil wenn ein Unternehmen auf mehrere Projekte simultan setzt.
    Es kann ja immer mal irgendwo was in die Hose gehen und dann setzt man die Prioritäten eben etwas anders. Wissen kann man es nie, es gibt z.B. auch Project Generator mit ca. 100 Projekten...



    Jedenfalls hat Canada Silver mit die höchsten Silber-grades weltweit bei ihrem Castle Silver Projekt wo auch ihr Hauptfokus liegt. Da kommt wahrscheinich nur noch Outcrop Silver & Gold in Kolumbien hin. Und jetzt stehen in Q1 weitere Bohrergebnisse und eine aktualisierte Ressourcenschätzung an. Wenn man da zu einem guten Kurs (wie momentan) dabei ist halte ich das Risiko für überschaubar. Klar setze ich auch nicht alles auf Canada Silver nur weil ich hier die meisten News poste...
    Obwohl ich mir hier einiges Erhoffe ist CSCW bei mir momentan Pos. #17 mit 2,12% des Depotwerts. Bei mir eine durchschnittliche Position. ;)


    Beste Grüße
    Minehunter
    [Blockierte Grafik: https://www.goldseiten-forum.com/wcf/images/smilies/thumbup.png]

    [Blockierte Grafik: https://tnw-c.thenewswire.com/data/tnw/clients/logos/1BglFqVnZ.png]
    Canada Silver Cobalt Releases 2022 Future Outlook and 2021 Summary
    https://money.tmx.com/en/quote…_Outlook_and_2021_Summary Coquitlam, BC - TheNewswire - January 31,2022 - Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the"Company" or "Canada Silver Cobalt") is pleased toprovide an outlook for 2022 and a comprehensive review of companyoperations in 2021.


    “What an energetic year for Canada Silver CobaltWorks. We are so proud of our team for accomplishing so much thisyear! Not only have we been opening up new structures and findinghigh-grade silver in Gowganda, but we’ve also been successful atGraal with multiple massive sulphide intersections. ...


    Drilling Summary
    The goal of the current drill program has been toexpand our current resources of 7.56 million ounces of silver inferred(8,582 grams per tonne un-cut in 27,400 tonnes). Since the lastResource update in May 2020 and the beginning of the 60,000m drillprogram at Castle East, CCW has discovered 7 new mineralizedstructures. The drill program has been highly successful thus far,with incredible intercepts in late 2020 including silver results of upto 89,853.00 g/tSilver over 0.30m in hole CS-20-39, cobaltresults of up to 2.22%Cobalt over 0.42m in hole CS-20-39W4, andimpressive gold results of up to 24.95 g/t Gold over 0.30m in hole CS-20-31with visible gold present at a shallow depth of 49.7m downhole.
    In 2021, the Company drilled a combined total of42,603.4m at its Castle East and Graal Projects. At Castle East, thesilver and cobalt grades are equally impressive compared to 2020 andinclude up to 30,416.91 g/tSilver and 2.24% Cobalt over 0.42m in hole CS-21-61,multiple gold results including 2.35 g/t Gold over 1.30m in hole CS-21-47, and 1.94 g/t Gold over 1.00m in hole CS-21-48. At Graal, CCW is continuing tohit multiple intersections of massive sulphides with promisinghand-held XRF results up to 2.79% Ni and 25.68%Cu with assays pending.


    2022 Outlook
    Property Overviews

    • Castle East, - Gowganda, Ontario(Figure 1):

      • Finish the remainder of the 60,000m drillprogram.
      • Complete and publish the updated resource estimatescheduled for Q1 2022.
      • Sample stamp mill tailings at the Castle Mine and sendto TTL for testing using gravity pilot plant.
      • Review GoldSpot AI targets with technicalstaff.
      • Plan exploration between the Castle Mine and CastleEast areas, as well as greenfield exploration around surrounding areasthat have limited data.


    • Eby-Otto - Kirkland Lake, Ontario(Figure 2):

      • Preliminary field mapping, further channel sampling,and prospecting.
      • Build exploration program for the 2022 field seasonincluding an MMI sampling program.
      • Drill high-value targets based on existing fieldmapping and 2022 field season results.


    • Graal - Lac St-Jean, Quebec (Figure3):

      • Complete 1,700m of drilling in the MHY zone extensionand geophysical gravity anomaly to the southeast of the MHY sector.
      • Borehole EM geophysics survey to quantify potentialthickness around the sulphide intersections encountered indrilling.
      • Ground EM survey (SQUID) to identify conductive zonesto create high-value targets at depth.


    • Henry Lake - Sudbury, Ontario (Figure4):

      • Undergo further geophysical interpretation and databasecompilation to provide high-quality recommendations for fieldworkand/or preliminary diamond drilling.


    • TTL Re2OX:

      • Install gravity pilot plant at TTL in Cobalt, Ontario.
      • Test high-grade stamp mill tailings from the BeaverMine and the Castle Mine once the commissioning of the gravity pilotplant is complete.


    • Core Processing Facility:

      • A planned expansion of the core yard and chain linkfencing surrounding the property to allow for increased capacity,security, and core/equipment storage. To make room for company growth,one of the buildings will be renovated to allow for office spaces andincreased personnel capacity.

    2021 Year in Review
    Property Overviews

    • https://money.tmx.com/en/quote…_Outlook_and_2021_Summary CastleEast - Gowganda, Ontario (Figure 1):

      • Completed 34,832.1m of surface exploration diamonddrilling.
      • Continued drill program that started in 2020 whichidentified 7 new structures in addition to the existing Robinson Zone,with the grades from 2021 reaching up to 30,416.91 g/t silver and2.24% cobalt over 0.42m in hole CS-21-61.
      • Initiated environmental baseline study data collectionin February 2021.
      • Started the permitting process inthe fall of 2021 for the planned ramp.
      • Engaged GoldSpot to aid our technical staff and produceAI based drill targets.
      • Completed downhole geophysics to assist with geologicinterpretation.


    • Eby-Otto - Kirkland Lake, Ontario(Figure 2):

      • Acquired 810 hectares of prospective land near KirklandLake Gold’s Macassa Mine that is adjacent to the LarderLake-Cadillac Break, with select claims being already permitted fordiamond drilling, geophysics, and line-cutting.
      • Completed preliminary channel sampling and prospectingwhich will guide the 2022 field season and future drill planning.
    • Graal - Lac St-Jean, Quebec (Figure3): https://money.tmx.com/en/quote…_Outlook_and_2021_Summary

      • Expanded the claim package by acquiring 888.56 hectaresof land for a grand total of 6,113 hectares creating a 6km mineralizedstrike length with near-surface copper, nickel, and cobalt.
      • Completed a strategic airborne gravimetric and magneticsurvey on select areas within the claim package.
      • Completed 7,771.3 meters of diamond drilling targetinggeophysical anomalies.
      • Intercepted massive sulphide in 20 out of 21 diamonddrill holes with XRF results up to 2.79% Ni and 25.68% Cu with assayspending.
      • CCW also owns an additional 25,088 hectares for a totalof 31,201 hectares of EV properties across Quebec.


    • Henry Lake - Sudbury, Ontario (Figure4):

      • Completed an airborne gravimetric and magnetic surveyon a 4,468-hectare claim package that is located east of the SudburyBasin.


    • TTL Re2OX:

      • Using the Re-2Ox process, the Company successfullyleached rubidium from the EV battery metal discovery at Granada GoldMines.
      • CCW launched a website dedicatedto the Re-2Ox process: https://re-2ox.com/


    • Core Processing Facility

      • An industrial-zoned property near the town of Cobalt,Ontario was leased for core processing. This property will act as theCompany’s central hub for all the Company’s Ontario and Quebecoperations. The location allows for easytransportation of core, samples, and distribution of staff to projectsacross Ontario and Quebec.
      • ...

    Es geht gar nicht um mich als Person oder irgendjemand als Person, es geht rein um die Sache als solches.
    Praktisch um eine Tatsache, losgelöst von persönlichen Bezügen, rein sachlich halt.


    Ist eigentlich gar nicht so schwer?


    Manche wollen, oder können es nicht verstehen?!


    Du kannst oder willst es wohl nicht verstehen das dein ständiges Gejammer und Genörgel hier keinen interessiert !!! :wall:


    [smilie_happy]

    Neues Video von Canada Silver Cobalt Works :thumbup:


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    hier ein paar Notizen dazu... (unvollständig)
    7,5M Oz Ag momentan.
    Ressource wird ausgeweitet, es stehen in den kommenden Monaten weitere Bohrresultate und ein
    Resource-update an. Dann PEA und Rampe mit Bulk-Sample Test. Danach kann ein full mining permit beantragt werden.


    Zuerst werden jedoch die Underground-Veins weiter gebohrt, da es der schnellste und günstigste Weg ist die Resourcen zu verdoppeln, zu verdreifachen.


    Südlich der Robinson Zone haben sie ein Goldvorkommen mit 25g/t die noch etwas ausgebohrt werden muss, da hier die Rampe stehen soll.


    Bohrprogramm, Resource-Update und laufende Kosten sind bis Mitte des Jahres finanziert.


    Momentan hauptsächlich Kleinanleger aus Canada, UK, D, CH investiert... nach Resource-Update könnten institutionelle Investoren auf diese extrem hochgradigen Silbervorkommen aufmerksam werden und wenn die "Sprotts" der Welt einsteigen explodiert der Aktienkurs.
    Also besser man ist jetzt investiert.



    Extrem gutes und aufschlussreiches Interview, nehmt euch die 25 Min. und schaut es an :thumbup:

    ...weiter geht's mit News von Canada Silver... :)


    Canada Silver Cobalt Intersects High-Grade Silver Up to 6,188.43 g/t Ag with a Gold Equivalent of 74.67 g/t Au at Castle East
    Coquitlam, British Columbia--(Newsfile Corp. - January 24, 2022) - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce a continued expansion of its silver deposit at Castle East with excellent intercepts from the Big Silver Zone containing high-grade silver and cobalt grades. The drill results will be included in the planned resource update expected by the end of Q1 2022.
    Drilling Highlights:

    • Big Silver intercept grading 6,188.43 grams per tonne (g/t) silver and 0.35% cobalt over 0.50m in hole CS-21-47 located 16m downdip from Big Silver's discovery hole CS-20-39 that graded 89,853.00 g/t silver (See press release January 29, 2021).
    • A second Big Silver intercept grading 2,509.41 g/t silver and 0.10% cobalt over 0.50m in hole CS-21-73, that is located an additional 20m downdip from the intercept in CS-21-47 noted above.

    Matt Halliday, President and Chief Operating Officer, commented: "Big Silver is living up to its name with the latest intercept of 6,188 g/t silver which has a gold equivalent of 74.67 g/t. We are especially encouraged by the 36m of total downdip extension; this type of continued expansion will be very important for our next resource update. In addition, we can't wait to explore these structures further from underground after a ramp is constructed."
    The upcoming resource update will include Big Silver and several other high-grade veins intersected at the Castle East deposit during the 53,000 meters of drilling conducted since the last resource estimate was published in May 2020.
    The Company is also well-advanced in the process of obtaining permits for a ramp down to the high-grade deposit in order to conduct underground exploration to further expand the deposit and also to access high-grade bulk samples that it can process into silver dore bars at its TTL bulk processing facility in nearby Cobalt, Ontario. Discussions with the provincial government are underway, and baseline environmental studies are expected to be completed by mid-year with the permit application filed soon after. ...



    Canada Silver startet jetzt langsam durch 8) Wer ist alles dabei? :thumbup:

    Marimaca Announces Exploration Targets for Depth Extensions of the MOD and Near-Pit Oxide Satellites


    VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce ‘Exploration Targets’ for the Marimaca Oxide Deposit (“MOD”) depth extension zone (the “MAMIX” target) discovered in 2021 (see announcement dated October 14 2021), as well as for the Mercedes, Cindy and Roble satellite oxide targets discovered during the successful 2021 Marimaca District exploration drilling campaigns (see announcements dated September 15 2021, July 14 2021 and July 1 2021).


    Highlights

    • Exploration Targets demonstrate potential to grow Marimaca’s existing Mineral Resource Estimate (“MRE”) of 70.7m tonnes at 0.60% CuT in Indicated and 43.4m tonnes at 0.52% CuT in Inferred categories for 424kt and 226kt of contained copper, respectively (see announcement dated August 4th, 2020)
    • >25,000m drilling planned for 2022 across the MOD infill, MAMIX zone, and further drill testing the Mercedes target


    MAMIX (MOD Depth Extension)

    • MAMIX Exploration Target Range of 30 million - 50 million tonnes at 0.4% - 0.5% CuT
    • MAMIX infill drilling program in planning phase, targeting completion in H1 2022 alongside the 22,500m MOD infill drilling program

      • MAMIX drilling will investigate potential for further extensions at depth to the north and south of the MOD
      • Assuming a successful outcome to the 2022 drilling program, the Company will consider increased production cases for the upcoming Definitive Feasibility Study planned for H2 2022


    Satellite Oxide Targets and MOD Oxide Extensions

    • Total oxide Exploration Target of 120 million - 170 million tonnes at 0.3% to 0.4% CuT across oxide satellite discoveries Mercedes, Cindy and Roble, and the MOD north-south extension zones

      • Potential to play an important role in future oxide mine life extensions
      • Mercedes remains the highest priority satellite target, with additional drilling planned for H2 2022
      • Discoveries confirm district scale potential across the Company’s land package, with other targets identified through district scale geophysics remaining to be followed up (see announcement dated September 23, 2020)


    Definitive Feasibility Study

    • Drill crews now mobilized to commence 22,500m MOD infill program
    • Updated MOD Mineral Resource Estimate planned for late Q2 2022
    • The Company continues to progress project related technical workstreams including the Phase 5 Metallurgical program, permitting, water and power engagement and planning for the Definitive Feasibility Study

    The potential quantity and grade presented in the exploration target ranges are conceptual and have insufficient exploration and drill density to define a Mineral Resource. At this stage, it is uncertain if further exploration will result in the targets being delineated as a Mineral Resource. Estimates of exploration targets are not Mineral Resources and are too speculative to meet the NI 43-101 reporting standards. The detailed methodology for preparing the Exploration Targets and a summary of supporting technical data can be found at the end of this announcement...


    Original News Release ist 8 Seiten lang, deshalb hier angehängt!


    Marimaca Announces Exploration Targets for Near-Pit Oxide Satellites and MAMIX Depth Extension FOR RELEASE.pdf


    Viel Erfolg!


    Grüße
    Minehunter


    Labrador Gold Announces Doubling of Drill Program to 100,000 Metres and Increase to Five Drill Rigs


    TORONTO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce a significant increase to its diamond drilling program, at the 100% controlled Kingsway project near Gander, Newfoundland. This increase follows the Company’s success exploring along the Appleton Fault Zone over the past 18 months. The Kingsway project is located in the highly prospective central Newfoundland gold belt.
    LabGold plans to double the current drilling program to 100,000 metres which includes the outstanding 23,000 metres remaining in the current 50,000 metre program. Four diamond drill rigs are currently operating at Kingsway and a fifth rig is scheduled to start following receipt of permits. Applications for 111 drill holes were submitted late last year and are expected in early March. The increased program is fully funded by the Company’s cash on hand of approximately $30 million.
    Drilling will continue to test Big Vein along strike and down plunge as well as the Pristine target where early drilling is encouraging. Golden Glove, where grab samples from a quartz vein containing visible gold assayed from 2.16 to 338.08 g/t Au (see news release dated October 21, 2021), is a prime target and will be drilled following receipt of soil samples over the area. These are expected in the first quarter. Numerous other targets developing along the Appleton Fault Zone (see Figure 1) will be systematically tested along the entire 12km strike length during the increased program.
    “We continue to be excited by the prospectivity of the Appleton Fault Zone at Kingsway and that was a key factor in deciding to increase the size of the drilling program. Not only do we expect to develop the targets we already have to the drilling stage, but we are also confident that we will uncover more as we continue to follow our exploration strategy proven over 18 months of work at Kingsway. With over $30 million in cash and no debt the Company is well capitalized for this planned increase,” said Roger Moss, President and CEO of Labrador Gold. “In addition to the outstanding assays from our drilling, we are still waiting for many soil and rock assays from the regional work carried out along the Appleton fault during 2021. We expect that some of these assays will enhance our current targets and perhaps hint at new ones that we can develop going forward.”
    Figure 1. Gold anomalies, occurrences, and drill targets along the Appleton Fault Zone: https://www.globenewswire.com/…bf-4559-aaf5-55cf2303215f
    QA/QC
    Samples are securely stored prior to shipping to Eastern Analytical Laboratory in Springdale, Newfoundland for assay. Eastern Analytical is an ISO/IEC17025 accredited laboratory. Samples are routinely analyzed for gold by standard 30g fire assay with ICP (inductively coupled plasma) finish with samples containing visible gold assayed by metallic screen/fire assay. The company submits blanks and certified reference standards at a rate of approximately 5% of the total samples in each batch.
    Qualified Person
    Roger Moss, PhD., P.Geo., President and CEO of LabGold, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this release.
    The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.
    About Labrador Gold
    Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.
    In early 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The three licenses comprising the Kingsway project cover approximately 12km of the Appleton Fault Zone which is associated with gold occurrences in the region, including those of New Found Gold immediately to the south of Kingsway. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water. LabGold is drilling a projected 100,000 metres targeting high-grade epizonal gold mineralization along the Appleton Fault Zone following encouraging early results. The Company has approximately $30 million in working capital and is well funded to carry out the planned program.
    The Hopedale property covers much of the Florence Lake greenstone belts that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Work to date by Labrador Gold show gold anomalies in rocks, soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 km along the southern section of the greenstone belt (see news release dated January 25 th 2018 for more details). Labrador Gold now controls approximately 40km strike length of the Florence Lake Greenstone Belt.
    The Company has 153,904,110 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.
    For more information please contact:
    Roger Moss, President and CEO Tel: 416-704-8291
    Or visit our website at: www.labradorgold.com

    Gravity Pilot Plant Installed at Canada Silver Cobalt's Temiskaming Testing Labs for High-Grade Silver Tailings Testing


    The installation of the gravity pilot plant at Temiskaming Testing Labs will be commissioned to optimize plant performance. It is designed to process high-grade stamp mill tailings and waste rock into concentrate feed for the Re-2Ox process.
    Coquitlam, British Columbia--(Newsfile Corp. - January 18, 2022) - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (Canada Silver Cobalt or the Company) is pleased to announce that the company will begin testing high-grade stamp mill tailings from the Beaver mine and the Castle mine once commissioning of the gravity pilot plant is complete. The testing is expected to begin within 4 weeks.
    Highlights:

    • Company owns two of the three known high-grade silver stamp mill tailings in the Cobalt camp.
    • Beaver tailings were sonic drilled by the company last year with silver grades from 314 to 14 grams per tonne. A total of 354 meters of sonic drilling in 127 holes was undertaken (see Press Release February 5, 2021).
    • The reintegrated Re-2Ox process will be tested for the recovery of silver from the gravity concentrate.

    Canada Silver Cobalt Works CEO Frank J. Basa, P.Eng., states, "The company will be emulating a successful historical development and business model used by previous mining companies in the Cobalt Camp that will potentially provide low-cost concentrate feed for the reintegrated Re-2Ox process."
    Gravity Pilot Plant:
    The gravity pilot plant is closed loop with a water recycle step. It is a two-stage gravity process. The primary step is a spiral concentrator feeding the concentrate to a conventional gravity table. The company has ordered a third gravity concentrating piece of equipment and envisions it to be placed between the spiral and gravity table. The gravity pilot plant is designed to operate at one tonne per hour of high-grade silver tailings.
    Stamp Mill Tailings:
    Once the high-grade silver ore was hand-cobbed from the mines, the lower-grade ore was processed by a simple process of crushing the rock with stamps. The stamps were heavy iron hammers that were dropped onto the ore to release the high-grade native silver from the waste rock. Banks of these stamps were lined up into one line in the machine and were lifted by cams and then dropped onto the silver ore. Water was the only other requirement that was used in the process. A very simple and effective process in that time to recover the high-grade native silver. The limitation of the process was that it could not recover the silver in the sulfides. This is the portion which the gravity pilot plant will potentially recover.
    Qualified person
    The technical information in this news release has been reviewed by Frank J. Basa, P.Eng., a member of the Professional Engineers of Ontario, and is a qualified person in accordance with the National Instrument 43-101 standards.
    About Canada Silver Cobalt Works Inc.
    Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. This discovery has the highest silver resource grade in the world, with recent drill intercepts of up to 89,853 grams/tonne silver (2,621 oz/ton Ag). A drill program is underway to expand the size of the deposit with an update to the resource estimate scheduled for Q1 2022.
    In May 2020, based on a small initial drill program, the Company published the region's first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters. Note that mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of July 13, 2020.
    CCW has 39,017.96 hectares of electric vehicle (EV) battery metals exploration properties (containing nickel, copper and cobalt) with 15 properties in Quebec and 1 in Northern Ontario. Exploration is underway at the Graal massive sulphide formation in Northern Quebec. Drill core has been encouraging with initial XRF results up to 2.79% nickel and 25.68% copper in hole NRC 21 03; lab results are still pending.
    Canada
    Silver Cobalt's flagship silver-cobalt Castle mine and 78 sq. km Castle
    Property and recently acquired properties in Ontario and Quebec feature
    strong exploration upside for silver, cobalt, nickel, gold, and copper.
    With underground access at the fully owned Castle Mine, an exceptional
    high-grade silver discovery at Castle East, a pilot plant to produce
    cobalt-rich gravity concentrates on site, a processing facility (TTL
    Laboratories) in the town of Cobalt, and a proprietary
    hydrometallurgical process known as Re-2Ox (for the creation of
    technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC)
    formulations), Canada Silver Cobalt is strategically positioned to
    become a Canadian leader in the silver-cobalt space and battery metals.
    More information at www.canadasilvercobaltworks.com


    Jetzt wirds langsam Interessant bei Canada Silver Cobalt ;)
    Ich geb kein Stück mehr weg davon :thumbup:

    TECHNICAL INFORMATION AND QUALITY CONTROL & QUALITY ASSURANCE
    The historical drilling data employed in this current exploration program was the subject of Data Verification procedures cited in the current Technical Report. Additional drill collar verifications were performed in the current program and collar locations fit closely to the 2021 survey control. Appropriate QA/QC protocols governed geological logging, core sampling, sample preparation, analyses, and security during the current program, including quality controls with duplicates, standards, and blanks. Samples were submitted to the Mexican division of ALS Limited in Hermosillo, Mexico, for sample preparation to pulps. Sample pulps are then sent to ALS Canada Ltd. in Vancouver, Canada, for analysis. Total copper and molybdenum contents are determined by four-acid digestion with AAS finish. Gold was determined by fire assay of a 50-gram charge, or alternately, for a 30-gram charge (1 Assay ton).
    QUALIFIED PERSON
    Mr. Paul McGuigan, P. Geo., of Cambria Geosciences Inc., a “Qualified Person” (as defined in NI 43-101 -Standards for Disclosure for Mineral Projects) and a senior consulting geoscientist to the Company, has reviewed and approved the technical disclosures in this news release.
    ABOUT OROCO:
    The Company holds a net 73.2% interest in the collective 1,172.9 ha Core Concessions of the Santo Tomas Project in NW Mexico. The Company also holds a 77.5% interest in 7,807.9 ha of mineral concessions surrounding and adjacent to the Core Concessions (for a total project area of 22,192 acres). The Project is situated within the Santo Tomas District, which extends from Santo Tomas up to the Jinchuan Group’s Bahuerachi project, approximately 14 km to the north-east. Santo Tomas hosts a significant copper porphyry deposit defined by prior exploration spanning the period from 1968 to 1994. During that time, the property was tested by over 100 diamond and reverse circulation drill holes, totaling approximately 30,000 meters. Based on data generated by these drill programs, a historical Prefeasibility Study was completed by Bateman Engineering Inc. in 1994.
    The Santo Tomas Project is located within 160km of the Pacific deep-water port at Topolobampo and is serviced via highway and proximal rail (and parallel corridors of trunk grid power lines and natural gas) through the city of Los Mochis to the northern city of Choix. The property is reached by a 32 km access road originally built to service Goldcorp’s El Sauzal Mine in Chihuahua State.


    For further information, please contact:
    Mr. Craig Dalziel, CEO
    Oroco Resource Corp.
    Tel: 604-688-6200
    www.orocoresourcecorp.com


    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 release.
    Cautionary Note Regarding Forward Looking Information
    This news release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements relating to future events or achievements of the Company, are forward-looking statements. There can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated or implied in such statements. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these matters. Oroco does not assume any obligation to update the forward-looking statements should they change, except as required by law.








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    SANTO TOMAS DRILLING SUCCESS CONTINUES


    Vancouver, Canada, Jan 13, 2022 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the receipt of additional assay results from its drilling campaign at the Santo Tomas property (the “Property”) in northwestern Mexico, having received the drill results from Holes N004 to N008 in the North Zone deposit. Assay results through the first eight drill holes have now been received (see Table 1, below, and Figure 1, attached or at the Company’s website Figure 1).
    Notably, the best intersection in the 2021 drill program was returned by drill hole N008: a true thickness of 328.3 m of 0.45% Copper Equivalent (see Table 1). A nearby hole, N004, was drilled to test the strong Chargeability anomaly that extends westward from N008 and the known North Zone deposit. A zone of Laramide intrusion and altered and copper mineralized volcanic rocks in N004 confirms the prospectivity of the strong Chargeability anomaly, more than doubling the width of the North Zone deposit target at the 200 m elevation, (see Figure 2, attached or Figure 2). This newly confirmed target lies on the western flank of the North Zone deposit, concealed beneath a blanket of limestone beds.
    Table 1: Significant Assay Intervals in the Santo Tomas 2021 Program, Holes N001 to N008:
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    Cu Equivalent (CuEq) % = Cu % + (Mo %*3.75) + (Au ppm*0.752). The commodity prices (3-year Average) used are in $US: Cu $3.20 /lb, Mo $12.00 /lb, and Au $1,650.00 /troy oz. * Ag values are not used in the CuEq calculations.

    • Drill Holes N001 to N003 and N005 to N011 were drilled to test the North Zone deposit perpendicular to its structural attitude. Core intervals for those holes are within approximately 10% of true thicknesses.
    • Hole N004 was drilled to test a geophysical target and did not test the North Zone deposit. Core intervals are not true thickness for that hole.
    • Hole N005 was ended early, in unstable ground at 38m depth. Hole N006 was collared adjacent to that of N005 and was drilled to completion.
    • Holes N009 to N011 in the North Zone and B001 in the Brasiles Zone are completed.

    Before ending drilling operations for the seasonal break, 12 drill holes were completed (11 in the North Zone), totalling 8,455 m of diamond drilling, mostly in HQ core size. Drilling operations will re-commence on the North Zone within two weeks. Drilling on the Brasiles Zone has re-commenced with Hole B002, which was in progress prior to the break.
    The Company is very pleased that drilling results continue to confirm the following:

    • Copper grades in holes N001 to N003, and N006 to N008 are comparable to the historical drilling reported on each of the cross-sections drilled to date (see Figures 1 to 6, attached or Figures 1-6). Results continue to confirm the geological conclusions and the 2009 Gradeshell model of Cu > 0.3% (the “2009 Gradeshell Model”) contained in the current Technical Report (the “Technical Report”) (Bridge, 2019: See SEDAR, or the Company’s website www.orocoresourcecorp.com/projects/technical-reports/).
    • Geological logging indicates copper is present as chalcopyrite and bornite dissemination and vein fillings. Pyrite is relatively sparse in the main drill intersections. Sulphide mineralization in the main intersections on the North Zone are hosted in strongly potassic-altered volcanic and intrusive rocks with an overprint of phyllic alteration.
    • Molybdenum, gold, and silver are elevated in the core across the width of the North Zone and provide an approximate 15% contribution to the copper equivalent grade, without factoring for metallurgical recoveries.
    • Fracturing, Laramide intrusive dikes, mylonite zones, veining and sulphide mineralization are controlled by faulting co-eval with the formation of the North Zone deposit. The deposit is confirmed in drilling to have a strike of N20°E and a dip of 50-55°W, as reported in the Technical Report.

    The Santo Tomas Cu-Mo-Au porphyry deposit is an example of the geologic style of Laramide-age porphyry copper deposits in the southwestern United States and northwestern Mexico. Historical Pre-Feasibility Studies, recent 3D modelling of historical drilling and several new programs of geophysical surveying have defined drill targets both for confirmation of historical mineral resource estimates and for exploration for additional resources.
    The 2021 drill program commenced on the central North Zone mineral deposit and has now spanned 600 m of strike length on the North Zone. Historical drilling from 1968 to 1994 was primarily vertical and unsuited to defining the full width and depth of the North Zone. The 2021 program is based on angled drill holes oriented perpendicular to the re-modelled strike and dip of the deposit and is the first program that features drill holes that pass from the hanging wall of the North Zone deposit into the footwall and which also features a full suite of assay information that includes copper, molybdenum, gold and silver.
    Drilling confirms that the North Zone is comprised of intensely fractured, potassic- and phyllic-altered andesite volcanics and Laramide-age porphyritic intrusive dikes. Elevated Mo, Au and Ag accompany copper assays along the central axis of the North Zone. Pyrite is relatively low in the core of the North Zone, explaining the IP response that is in the mid-range of the Chargeability High responses on the Property. In contrast, drilling into the footwall of the North Zone consistently intersected propylitic-altered andesite. The footwall contains abundantly disseminated and vein pyrite, explaining the pronounced Chargeability High and a corresponding Resistivity Low in the 3D IP modelling.