Beiträge von Minehunter

    Ist mir schon lange klar dass das alles Betrug ist mit Covid und dem ganzen Impf-wahn :wall: .


    Is mir auch vollkommen Wurst... Sollen Sie alle zur Hölle fahren, die beteiligten "Wissenschaftler", "Politiker" und sonstige Profiteure dieses größten Betrugs der Menschheitsgeschichte.


    Hoffe es wird bald Konsequenzen geben für die beteiligten Subjekte.


    Aber warum reißt das auch alle anderen Märkte in den Abgrund?

    ...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.








    [Blockierte Grafik: https://mcusercontent.com/e8140458c6ffc3a6d937734d6/images/08bb6db3-df12-a13d-7010-a1a3080e1f94.png]

    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:
    [Blockierte Grafik: https://mcusercontent.com/e8140458c6ffc3a6d937734d6/images/7d8fdaa5-b089-bcce-494b-ce2202b17c1a.png]
    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.

    Labrador Gold Intersects 50.52 g/t Gold Over 2 Metres at Kingsway


    TORONTO, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce further high-grade intercepts of near surface gold mineralization along the Appleton Fault Zone at its 100% controlled Kingsway project near Gander, Newfoundland. These holes were drilled as part of the Company’s ongoing 50,000 metre drill program. The Kingsway project is located in the highly prospective central Newfoundland gold belt.
    High grade gold continues to be found at Big Vein including intercepts of 50.52 g/t Au over 2m in hole K-21-76 from the HTC Footwall Zone. A deeper (200m to 201m) intercept of 15.86 g/t Au over 1 m from the same hole appears to be from a new zone. Approximately 135 metres along strike to the southwest, Hole K-21-74 intersected 2.86 g/t Au over 25m including 16.21g/t Au over 1m and 5.7g/t over 7m in a possible new zone in the immediate footwall to the Big Vein Zone. Testing further to the Southwest along Big Vein indicates consistent increased width of mineralization in the Big Vein zone as shown here by Hole K-21-75, that intersected 3.33 g/t Au over 4m within a larger intercept of 12m grading 1.62 g/t Au from 28m.
    “Drilling at Big Vein continues to turn up high grade gold mineralization both down plunge and along strike. Two potential new zones are indicated by these results and grade 15.86 g/t Au over 1m in Hole K-21-76 and 16.21 g/t Au over 1m within a larger 29m interval in hole K-21-74 located 135m along strike to the southwest,” said Roger Moss, President and CEO of the Company. “We are very encouraged by the thickening of the Big Vein Zone to the southwest and look forward to results from many more holes drilled in this area. Drilling continues along strike to the southwest and down plunge at Big Vein. Drilling is also ongoing at the Pristine Target from which we are still awaiting the first assays.”
    ...

    GoldMining Announces Positive Preliminary Economic Assessment for La Mina Project


    Production of Over 1 Million Gold Equivalent Ounces With Pre-Tax NPV of US$340 million
    This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 10, 2021 to its short form base shelf prospectus dated October 27, 2021.
    Vancouver, British Columbia – January 12, 2022 – GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD; NYSE American: GLDG) is pleased to announce results of a positive Preliminary Economic Assessment (“PEA”) prepared in accordance with National Instrument 43-101 on the La Mina Project (the “Project”) located in Antioquia, Colombia. The independent PEA provides a compelling base case assessment for a mining operation with additional potential available through proposed exploration of the adjacent La Garrucha deposit. Development of the Project would provide economic benefits to the Company and local stakeholders.
    Highlights (all currencies reported in US Dollars):

    • The Project would produce over 1 million gold equivalent ounces over a 10.4-year mine life.
    • Production averaging 102,000 gold equivalent ounces per year over the fully operating years.
    • The Project would produce over 165 million pounds of copper and over 600,000 ounces of silver which are incorporated in the gold equivalent calculations.
    • The Project generates a pre-tax net present value (NPV) of $340 million at a 5% discount rate and an after-tax NPV of $232 million with an internal rate or return (IRR) of 14.5% using metal prices of $1,600 per ounce gold, $21 per ounce silver and $3.39 per pound copper.
    • Attractive after-tax unit cash cost of $497 per gold ounce and All-In Sustaining Cost (AISC) of $698 per gold ounce (net of by-product credits).
    • Low capital intensity of $299.5 million with a 10,000 tonne per day concentrator fed by a low strip ratio (3.6:1) open pit mining operation.
    • The PEA envisions an open pit mining scenario sourcing material from the La Cantera and the Middle Zone Deposits.
    • Drill-ready targets on the adjacent La Garrucha deposit have not been included.

    Alastair Still, CEO of GoldMining commented, “We are extremely pleased with the positive economics demonstrated by this PEA on La Mina. This study represents a milestone for the Company as we have produced our first PEA and continue to advance our projects to unlock value for our shareholders and local stakeholders. With current metal prices well above the $1,600 per ounce gold and $3.39 per pound copper used in the PEA, the Project is highly leveraged to enhanced economics. We are also highly encouraged by the opportunities to build upon this PEA, including drill-ready targets at the nearby La Garrucha deposit which, on the last hole (LME–1106) drilled by the previous operator yielded 271 metres of 1.03 g/t gold and 0.13% copper1.”
    ...


    Na also, geht doch was bei Goldmining.inc :thumbup:

    Max Resource Receives a Record Nineteen Mining Concession Contracts for Colombia in 2021
    Vancouver B.C., January 12, 2022 – MAX RESOURCE CORP. (“Max” or the “Company”) (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) is pleased to report that it has been granted 15 additional Mining Concession Contracts (“Concessions”) for a total of 19 in 2021, all located along the CESAR North 90-kilometre-long copper-silver belt, within its wholly-owned CESAR project, Northeastern Colombia (refer to Figures 1 and 3).
    “The nineteen ‘Mining Concession Contracts’ are more than any other company received in Colombia for 2021, a significant milestone for Max, forging the way for drill permitting for both the URU and ANM drill targets,” commented Max CEO, Brett Matich.
    “URU is to be the first significant drilling event on this previously unrecognized copper-silver belt, since the discovery of Cerrejón, the largest coal mine in South America and the reasons for much of the critical infrastructure in the CESAR basin,” he continued.
    “Located arguably in Colombia’s most prolific mining district, Max’s 2022 exploration and drilling programs are focused on unlocking the true district-scale potential of its CESAR copper-silver project," he concluded.
    Mining Concession Contracts

    • The 19 Concessions cover 186-km², the largest area for copper in the CESAR basin
    • Collectively, the 19 Concessions extend for over 45-km of the CESAR North 90-km long belt
    • Additional Concessions are pending

    2022 Drill Program

    • LiDAR 290-km² survey to assist drill design and exploration at URU
    • Delineate the 5 URU drill targets located along 15-km of strike
    • Conduct environmental baseline survey and drill permitting
    • Commence the first drill campaign targeting copper-silver deposits in the CESAR basin

    [b]2022 Exploration[/b]

    • Regional exploration of the CESAR North 90-km-long copper-silver belt
    • Extend the CONEJO high-grade 3.7-km-long zone with an average of 4.9% copper (2% cutoff)
    • Expand the URU 48-km² zone (currently 15-km of strike over vertical elevations of 500m)
    • Geophysical surveys

    [b]Mining Concession Contract Process[/b]
    Max has completed all the requirements, which include a detailed Social Management Plan, followed by a Public Hearing with the local community. Each Mining Concession Contract has an initial term of 30-years and extension for a further 30-years for a total duration of 60-years.
    [Blockierte Grafik: https://www.maxresource.com/images/news/566307ea196d79279b52e8d0c2f221b5e2ac4099.png]
    Figure 1. CESAR project in NE Colombia
    [Blockierte Grafik: https://www.maxresource.com/images/news/669a73d37382886b3431014fad3217d567d4cfab.png]
    Figure 2. CESAR North 90-km copper-silver belt

    CESAR COPPER-SILVER PROJECT IN COLOMBIA – OVERVIEW
    CESAR lies along the copper-silver rich 200-kilometre-long Cesar Basin in northeastern Colombia. This region provides access to major infrastructure (refer to Figure 2) resulting from oil & gas and mining operations, including Cerrejón, the largest coal mine in South America, now held by global miner Glencore.
    CESAR North 90-kilometre-long copper-silver belt:

    • Max discovered AMN in 2020 (previously AM North), collectively spanning over 45-km², highlight values of 34.4% copper and 305 g/t silver. Intervals range 0.5 to 25.0m. Recently granted 15 contagious Concessions.
    • Max’s CONEJO discovery (March 2021) now spans over 3.7-km of strike with average grade of 4.9% copper using 2% cut-off and open in all directions. To date, widths range from 0.5 to 20.0m, with highlight values of 12.5 % copper and 126 g/t silver:
    • 12.5% copper + 84 g/t silver over 5.0m by 5.0m
    • 10.5% copper + 50 g/t silver over 3.0m by 2.0 m
    • 10.4% copper + 95 g/t silver over 5.0m by 5.0m
    • 10.2% copper + 62 g/t silver over 5.0m by 5.0m
    • 10.0% copper + 80 g/t silver over 5.0m by 5.0m
    • 9.9% copper and 50 g/t silver over widths of 2.0m
    • 9.3% copper and 126 g/t silver over widths of 2.0m
    • The URU discovery (April 2021) is located 30-km south of CONEJO, now expanded to 48-km² and open in all directions. Max identified 5 significant drilling targets over 15-km of strike, widths of 10 to 25-metres over 500m vertical, highlight values of 14.8% copper and 132 g/t silver:
    • 14.8% copper and 132 g/t silver outcrop over 1.5m x 0.8m
    • 6.5% copper and 6 g/t silver outcrop over widths of 1.0m
    • 5.6% copper and 87 g/t silver outcrop over 1.0m by 1.0m
    • 4.3% copper and 8 g/t silver outcrop over widths of 10.0m
    • 3.9% copper and 7 g/t silver outcrop over widths of 10.0m
    • 3.6% copper and 12 g/t silver outcrop over widths of 10.0m
    • 3.0% copper and 6 g/t silver outcrop over widths of 10.0m
    • 3.0% copper and 37 g/t silver outcrop over widths of 10.0m
    • Recently granted four contagious Concessions covering 70-km² of the URU target zone
    • The SP target is located within the mid portion of the CESAR North 90-km long copper-silver belt, reconnaissance sampling over 25.0m averaged 4.8% copper and 51 g/t silver

    QUALIFIED PERSON
    The Company’s disclosure of a technical or scientific nature in this news release was reviewed and approved by Tim Henneberry, P Geo (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: MXR) is a mineral exploration company advancing its newly discovered district size CESAR copper-silver project (100% owned) in Colombia.
    In addition, the RT Gold project (100% earn-in) in Peru, high-grade and potentially large-scale. Historic drilling program in 2001, returned values ranging 3.1 to 118.1 g/t gold over core lengths ranging from 2.2 to 36.0m.
    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/

    Goldmining.inc legt jetzt wieder richtig zu :)


    Hier die Neue Präsentation Januar 2022 von Goldmining.inc


    Habe auf "CEO.ca im Goldmining-thread" ein sehr interessantes Video über den im Dezember von
    Israel und 9 weiteren Ländern durchgeführten "Banken-Stresstest" gefunden:


    16 Minuten Video kurz und knapp:


    - Israel und 9 weitere Länder haben im Dezember 21 einen fake-cyber-attack auf das Bankensystem durchgeführt.
    - Diese "Übung" wurde zur "Vorbereitung" auf eine potenzielle Cyber-Attacke durchgeführt, welche das internationale Bankensystem zu Fall bringt.
    - Ist ein Weckruf dass man wirklich besorgt um das Finanzsystem sein sollte.
    - Er spricht über in diesem Fall auftretende Bank-Runs und führt dies weiter aus.
    - Dann spricht er noch über Goldmining.inc /Amir Adnani CEO UEC/Goldmining.
    ...


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    Danke @LuckyFriday für die kurze Zusammenfassung des Rick Rule - Interviews :thumbup:


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    Beste Grüße
    Minehunter

    Newrange Samples up to 47.34 g/t Gold in Central Mine Area of Pamlico Project





    VANCOUVER, BRITISH COLUMBIA, January 11, 2022 (TSXV: NRG, US: NRGOF, Frankfurt: X6C) – Newrange Gold Corp. (“Newrange” or the “Company”) is pleased to announce that a new mapping and sampling program in the historic Central Mine area of its Pamlico Project in Nevada has indicated widespread gold mineralization with values up to 47.34 g/t. In keeping with the Company’s renewed focus on the larger scale geological setting, and as there is little historical information from the mine itself, a preliminary program of mapping mineralized structures and sampling dump material from the numerous adits was undertaken to determine what had been mined in the past.
    Gold mineralization seems to have been confined to a volcano-sedimentary (“VS”) unit on the west side of a limestone ridge. A total of 67 grab samples were taken of quartz breccia material (most with iron oxides) in the old mine dumps extending over an area of approximately 700 metres north-south by up to 350 metres east-west. Of these samples, 55 (78%) returned gold values greater than 0.1 g/t, 29 samples (43%) were greater than 1.0 g/t and 13 (19%) assayed more than 5.0 g/t Au. The average grade of all 67 samples was 4.33 g/t gold.
    Significantly, other metals are also highly anomalous within this zone. Assay ranges and averages are as follows:

    • Gold : 0.005 to 47.34 g/t ; Ave. 4.33 g/t
    • Silver : 0.2 to 175 g/t ; Ave. 18.2 g/t
    • Copper : 5 to 34300 ppm (3.43%) ; Ave. 1420 ppm
    • Lead : 6 to 38900 ppm (3.89%) ; Ave. 4386 ppm
    • Zinc : 2 to 7900 ppm (0.79%) ; Ave. 1810 ppm
    • Manganese : 44 to 49000 ppm (4.9%) ; Ave. 8908 ppm
    • Arsenic : 6 to 14800 ppm (1.48%) ; Ave. 717 ppm

    “These results are very encouraging in that they give us a better understanding of the style of mineralization in the Central Mine area,” stated Robert Archer, Newrange President & CEO. “As the area had not been previously mapped in detail, the new information will be important for our follow up drilling. The ‘91’ Zone discovered by Newrange in late 2020 lies just on the eastern edge of here at a vertical depth of approximately 100 metres. Although we do not have any reliable production figures from the mine, the lateral extent and tenor of the polymetallic mineralization in the old dumps coupled with that in the ‘91’ Zone suggests that a significant mineralizing system is present here.
    Furthermore, the Chargeability anomaly named the ‘Line 5’ anomaly lies just to the east, under the limestone ridge. It is still considered likely that this anomaly reflects sulphide mineralization within the VS unit below the limestone.”
    The gold-bearing mineralized structures at the Central Mine are sub-parallel with a general north-south strike and dip between 15 and 85 degrees to the east and are offset by east-west faults. The structures contain quartz veins (including banded quartz), silicified vein and fault breccia, and variable amounts of iron-oxides. Veins are between 4 centimetres and 2 metres wide. Limonite, pseudomorphs of pyrite by goethite and boxwork textures all indicate that sulphides were present in the quartz veins prior to oxidation. Copper minerals were noted locally.
    In addition, recently recognized skarn alteration and extensive silicification exists in the limestones to the immediate southwest of the Central Mine area, which fits with the working hypothesis that mineralization on the Pamlico Project is related to a large intrusive system.
    Quality Assurance/Quality Control
    All rock samples were securely stored following collection and delivered to Paragon Geochemical Laboratories in Sparks, Nevada for preparation and analysis. Samples are dried then stage crushed to 70% passing 10 mesh. A 250-gram sub-sample is then split out and pulverized to 85% passing 200 mesh from which 1 Assay Ton (approximately 30-gram) samples are split for analysis by fire assay (FA) with an Aqua Regia (AQR) digest and OES finish. Samples assaying in excess of 5 g/t Au are re-assayed by FA with a gravimetric finish. Silver was determined by FA with an atomic absorption finish. Samples submitted for multi-element geochemistry were subjected to AQR digestion and ICP-OES. In addition to the QA/QC conducted by the laboratory, the Company inserts blanks, duplicates, standards, and certified reference material (CRM) at a rate of not less than 1 in 20.
    Qualified Person
    Mr. Robert A. Archer, P. Geo, a Qualified Person as defined by National Instrument 43-101, and the President and CEO of the Company, has reviewed, verified and approved for disclosure the technical information contained in this news release.
    About Newrange Gold Corp.
    Newrange is focused on district-scale exploration for precious metals in favorable jurisdictions including Nevada and Ontario. The Company’s Pamlico Project in Nevada contains a large-scale multi-phase polymetallic mineralizing system with multiple gold and copper targets spread over more than 5,700 hectares. In the prolific Red Lake District of northwestern Ontario, the past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Focused on developing shareholder value through exploration and development of key projects, the Company is committed to building sustainable value for all stakeholders. Further information can be found on our website at www.newrangegold.com

    Loop Energy Delivers Against 2021 Objectives Setting the Foundation for A Successful 2022



    VANCOUVER, BRITISH COLUMBIA – January 11, 2022 – Loop Energy™ (TSX: LPEN), a developer and manufacturer of hydrogen fuel cell solutions, is pleased to announce it has achieved its business objectives for 2021, which sets the foundation for further growth in 2022. Loop Energy’s milestones for 2021 focused on four pillars: go-to-market strategy, production capacity, product development and cost reduction.

    1. Go-to-Market Strategy (GTM Strategy)

    [Blockierte Grafik: https://loopenergy.com/wp-content/uploads/Loop-Energy-Customer-Adoption-Cycle-280x300.png]
    A key component of Loop’s GTM Strategy is its Customer Adoption Cycle,
    which consists of three distinct phases:
    Pilot “1” Phase involves the sale of a minimum of one hydrogen fuel cell module or system to an Original Equipment Manufacturer (OEM) who manufactures fuel cell electric vehicle (FCEV) applications such as buses and trucks and sells it to one or more operators. During this phase, the OEM focuses on prototyping and integrating the Loop hydrogen fuel cell into an FCEV application for design, testing and certification.
    Scale up “10” Phase involves production scale up and deployment by the customer with a limited number of early adopter FCEV fleet operators.
    Full Production “100” Phase involves the rollout of the product offering by the OEM to a wide cross-section of fleet operators.
    We are pleased to announce that in December, Loop achieved its 2021 objective to add ten new qualified OEMs who manufacture FCEVs to the Customer Adoption Cycle (CAC). Loop has progressed ten customers to CAC with a total of 10 in the Pilot “1” Phase and advanced one customer (Skywell) to the Scale Up “10” Phase. Skywell’s buses with Loop’s fuel cells have completed over 300,000 kilometres as a part of the 11-vehicle fleet operated by the City of Nanjing, Lishui District, China, while successfully achieving a 96% uptime for the full cell systems, which exceeded our target.
    The growth of Loop’s customer portfolio has also seen its geographic footprint expand, with OEMs located in Europe, Asia and North America.


    2. Production Capacity
    The success of our GTM Strategy has driven the need to grow our production capacity. Therefore, a priority for the past year has been securing and developing a manufacturing facility in China. Substantial progress has been made on our new Shanghai-based facility, which will provide over 35,250 sq ft of dedicated production space. The facility will add geographic diversification in a key market and significantly increase Loop’s production capacity. In addition, Loop expanded its 14,000 sq ft Canadian production facility and leased additional office space for its corporate headquarters in 2021.
    Loop is pleased to report that it received Environment Protection Bureau (EPB) approval to manufacture stacks and modules at its Shanghai-based facility and is in the process of outfitting the facility from an equipment perspective. This is expected to be completed and fully operational in H1 2022.


    3. Product Development
    Loop’s current product portfolio is focused on the medium-duty commercial vehicle space, which enables us to gain rapid traction in a market comprised of existing electrified platforms such as logistics & delivery trucks and buses. Our current fuel cell plate design incorporates our patented eFlow hydrogen fuel cell technology. eFlow is designed to enable commercial customers to achieve performance maximization and cost minimization. We believe that Loop has superior fuel cell systems when compared to those of our competitors for a variety of reasons that are important to our customers, including (a) leading fuel efficiency, (b) higher durability, and (c) increased power capabilities1. Loop has over 30 patents in its IP portfolio at various stages2 to help ensure Loop can continue to benefit from its competitive advantages.
    The evolution of our fuel cell stack technology, particularly the bipolar plates incorporated into the stack, is a cornerstone of Loop’s future products, and we believe this is a vital component of our cost reduction strategy. In 2021, Loop significantly advanced the development and testing of its latest technology bipolar plate. We are planning for this next-gen plate and stack technology to be available to customers later in 2022. The new plate is significantly larger, reducing the number of plates required in the stack, and we expect this new design to deliver improved performance for our customers.


    4. Cost Reduction
    We are focused on driving cost reduction through increasing production scale coupled with vertical integration and improvements in production efficiencies through automation. In 2021, Loop evaluated key elements of its supply chain, successfully identifying multiple opportunities to reduce the overall cost of materials. Planned capital investment will also enable Loop to reduce its manufacturing cost per unit, continuing to drive down product cost.
    Setting the Foundation for a Successful 2022
    Loop set some aggressive targets in 2021, and we are pleased to be able to report we have delivered against our promises and started to lay the foundation for future successes. 2022 promises to be another landmark year for Loop, and we are excited to share our upcoming catalysts at our February 2022 webinar.
    The successes of 2021 put Loop in a strong position to achieve its objectives for the upcoming year. Loop will provide details about the February webinar in the coming weeks to reveal its corporate, product, and sales initiatives for 2022.


    About Loop Energy Inc.
    Loop Energy is a leading designer and manufacturer of fuel cell systems targeted for the electrification of commercial vehicles, including light commercial vehicles, transit buses and medium and heavy-duty trucks. Loop’s products feature the Company’s proprietary eFlow technology in the fuel cell stack’s bipolar plates. eFlow was designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of hydrogen fuel cell electric vehicles. For more information about how Loop is driving towards a zero-emissions future, visit www.loopenergy.com.


    Aktuell +4,6% in Toronto... sieht ganz gut aus bis jetzt... :thumbup:

    Surge Copper Intersects 52 metres of 0.7% CuEq from 8 metres downhole including 20 metres of 1.5% CuEq at the Seel Breccia Zone


    January 11, 2022, Vancouver, British Columbia – Surge Copper Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce complete assay results for 15 holes from the Seel Breccia Zone at the Company’s 100% owned Ootsa Property in British Columbia. The Seel Breccia Zone is located 200 metres north of the East Seel deposit and is known to contain high-grade copper and silver mineralization that extends from surface along a series of steeply dipping brecciated zones. Drilling during the summer 2021 program encountered this style of breccia mineralization in a stepout to the north and west of the known zone, and this release contains the second batch of results from follow-up drilling in this area. The first batch of results was released on December 7, 2021.
    Highlights


    • Hole S21-294 intersected 42 metres grading 0.87% copper equivalent from 18 metres downhole depth, including 20 metres grading 1.65% copper equivalent
    • Hole S21-295 intersected 52 metres grading 0.71% copper equivalent from 8 metres downhole depth, including 20 metres grading 1.53% copper equivalent
    • Hole S21-296 intersected 36 metres grading 0.83% copper equivalent from 18 metres downhole depth, including 18 metres grading 1.03% copper equivalent
    • Holes S21-294, 295, and 296 are collared from the same setup but are oriented in different directions fanning out across the strike direction of the zone demonstrating good continuity of high grade within the central part of the Breccia Zone system
    • Hole S21-298 intersected 30 metres grading 0.98% copper equivalent from 80 metres downhole depth, including 20 metres grading 1.36% copper equivalent, extending at depth the known resource area of the main Seel Breccia body, and potentially opening the zone for further expansion at depth


    Assay results have been received for 15 holes from the Seel Breccia Zone including holes S21-283 to 291 and S21-293 to 298. Significant results are summarized in the table below. Hole locations and orientations are shown on the drill hole map and select holes are illustrated on the long section and cross sections below.
    Holes S21-294, 295, and 296 were collared from a similar location but oriented in varying azimuth directions and all intersected strong breccia style mineralization demonstrating good continuity in the central part of the zone (see long section in Figure 2 below). Hole S21-294 intersected 42 metres grading 0.62% copper and 16.9 g/t silver (0.87% copper equivalent) from 18 metres downhole, including 20 metres grading 1.17% copper and 32.1 g/t silver (1.65% copper equivalent). Hole S21-295 intersected 52 metres grading 0.51% copper and 15.1 g/t silver (0.71% copper equivalent) from 8 metres downhole, including 20 metres grading 1.09% copper and 33.1 g/t silver (1.53% copper equivalent). Hole S21-296 intersected 36 metres grading 0.62% copper and 16.5 g/t silver (0.83% copper equivalent) from 18 metres downhole, including 18 metres grading 0.78% copper and 20.9 g/t silver (1.03% copper equivalent).
    Hole S21-285 was collared approximately 50 metres to the east of hole S21-281 (see Press Release dated December 7, 2021), and drilled toward the west, undercutting hole S21-281, and intersected 10 metres grading 0.73% copper and 20.9 g/t silver (1.01% copper equivalent) from 56 metres downhole, and 18 metres grading 0.42% copper and 9.9 g/t silver (0.54% copper equivalent) from 76 metres downhole, including 4 metres grading 0.94% copper and 24 g/t silver (1.22% copper equivalent), demonstrating depth continuity in this area (see Section B3-B3’ in Figure 3 below).
    Hole S21-298 was collared in the far eastern extent of the area and undercut historical hole S06-42 from the main Seel Breccia resource area (see Section B5-B5’ in Figure 4 below). This hole intersected 30 metres grading 0.73% copper and 21.2 g/t silver (0.98% copper equivalent) from 80 metres downhole, including 20 metres grading 1.04% copper and 27.8 g/t silver (1.36% copper equivalent), demonstrating depth continuity in this area, and potentially opening up the zone for further expansion at depth.
    Holes S21-286, 288, 290, 291, and 297 were all angled obliquely to either the dip or strike angle of the prevailing orientation of the zone and therefore did not directly test the main breccia zone and did not intersect significant mineralization.
    The Seel Breccia is a near-vertical to steeply south-dipping breccia body ranging from 25 to 50 metres wide, extending to depths exceeding 100 metres below surface, and having a known strike length of approximately 300 metres. Smaller parallel and irregular breccia bodies locally surround the main zone. These initial drill results show potential to significantly expand near-surface high-grade mineralization well beyond the zone of historical drilling, and the area is being evaluated for its potential as a high-grade starter pit.
    Results are pending from 20 additional holes testing exploration targets in the near vicinity of the Seel and Ox deposits, including the Seel Breccia Zone. An additional nine core holes are also pending from the Company’s 2021 Berg drill program...