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Canagold Optionee Getchell Gold Corp. Reports Broad High-Grade Gold Drill Intercepts at Fondaway Canyon, Nevada
Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN – https://www.commodity-tv.com/ondemand/companies/profil/canarc-resource-corp/) is pleased to announce the results of the first three drill holes by Getchell Gold Corp. from their maiden six-hole 1,995 metre drill program at the Fondaway Canyon Gold Project in Nevada. (See Figure 1 Fondaway Central Area Plan Map) Getchell can acquire a 100% interest in Fondaway Canyon from Canagold by paying US$4 million in cash payments and share issuances and incurring annual exploration expenditures on the property (See news release of January 7, 2020). Upon exercise of the option Canagold will retain a 2% NSR on the Project. Key Highlights Assay results have been returned for the…
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Revival gold extends Haidee zone with 2020 drilling results from Beartrack-Arnett
Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company” – https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/), a growth‐focused gold exploration and development company, is pleased to announce results from the final seven drill holes from the Company’s 2020 drilling program on the Haidee zone at the past-producing Beartrack-Arnett Gold Project (“Beartrack-Arnett”) located in Idaho, USA. The seven holes released today are core holes drilled in the Haidee zone to upgrade and expand the resource. All holes intersected near surface oxidized gold mineralization. The Haidee zone remains open and now extends over 600 meters of strike and projects across strike and up dip about 400 meters. Highlights 55 g/t gold over 16.7 meters1…
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Uranium Energy Corp Commences 2021 Production Area Development at its Burke Hollow ISR Project in South Texas
Highlights: UEC’s South Texas hub-and-spoke strategy is anchored by its fully licensed Hobson Processing Plant and includes five ISR projects, including its fully permitted Palangana, Goliad and Burke Hollow projects; Burke Hollow’s initial Production Area is the newest and largest ISR wellfield being developed in the U.S.; 55% of U.S. carbon-free energy comes from the country’s nuclear plants, all predominantly fueled by foreign-sourced uranium. The newly formed U.S. Uranium Reserve will help reverse this trend while supporting the Biden Administration’s climate objectives to further reduce carbon emissions; and To learn more about the environmental, social and low-cost advantages of uranium In-Situ Recovery, visit: https://www.uraniumenergy.com/projects/isr/ Uranium Energy Corp (NYSE American: UEC;…
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Aztec/Kootenay Joint Venture Plans Two Phase, CAD$1.1 Million Exploration Program in 2021 at Cervantes Gold-Copper Project, Sonora, Mexico
Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF – https://www.commodity-tv.com/ondemand/companies/profil/aztec-minerals-corp/) and Kootenay Silver Inc. plan a two-phase, CAD$1.13 million exploration program in 2021 for the Cervantes porphyry gold-copper property in Sonora, Mexico. Aztec (65%) and Kootenay (35%) recently formed a 65/35 joint venture (“JV”) and the JV Management Committee met last week to review and approve the following Phase 1 and 2 exploration programs for 2021. The JV plans to start work in the 1st quarter on a Phase 1, CAD$85,000 program of soil and rock sampling and geological mapping (525 soils and 150 rocks will be analyzed) to extend the 100 meter (m) by 100m geological and geochemical grid to…
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Bluestone Advances Basic Engineering at Cerro Blanco, Provides Project Update and Plans for 2021
Bluestone Resources Inc. (TSXV:BSR | OTCQB:BBSRF) ("Bluestone" or the "Company" – https://www.commodity-tv.com/ondemand/companies/profil/bluestone-resources-inc/ ) is pleased to provide an update on the Company’s activities during 2020 at its 100% owned Cerro Blanco gold project located in southern Guatemala (“Project”), and provide an outlook on plans for 2021. During 2020, a Project Readiness Update (“PRU”) was undertaken which involved a thorough and extensive review of the current mine plan, engineering, process flow sheet, capital and operating cost estimates, along with the execution strategy. The PRU will be further optimized in H1 2021 following the completion of an updated mineral resource estimate and mine plan to incorporate the recently completed 2020 drill program.…
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KORE Mining Completes Spin Out Transaction Creating Karus Gold, A Leading British Columbia Gold Explorer
KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) (“KORE” or the “Company” – https://www.commodity-tv.com/ondemand/companies/profil/kore-mining-ltd/ ) and Karus Gold Corp. (“Karus Gold”) are pleased to announce that they have closed the plan of arrangement (the “Arrangement”) previously announced on December 16, 2020, pursuant to which KORE has spun-out its Canadian assets to Karus Gold effective as of 12:01 a.m. (Vancouver time) (the “Effective Time”) on January 25, 2021 (the “Effective Date”). KORE CEO and Karus Gold Director, Scott Trebilcock commented, “Karus Gold is well positioned with a large 1,000 kilometer square land position in the re-emerging Cariboo Gold District of BC. With two advanced exploration projects, including FG Gold and Gold…
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Vizsla Extends Papayo Prospect to the South at Panuco Project, Mexico
Vizsla Resources Corp. (TSX-V: VZLA) (OTCQB: VIZSF) (Frankfurt: 0G3) (“Vizsla” or the “Company” – https://www.commodity-tv.com/ondemand/companies/profil/vizsla-resources-corp/) is pleased to provide results from eight new holes at the Papayo prospect at the Panuco silver-gold project (“Panuco” or the “Project”) in Mexico. These results extend the Papayo zone over 120 metres to the south where it remains open. Drilling Highlights NP-20-50 413 g/t silver equivalent (198.0 g/t silver, 0.96 g/t gold, 1.43 % lead, and 4.53 % zinc) over 1.91 m true width from 132.4 m including; 1,009 g/t silver equivalent (477.9 g/t silver, 2.19 g/t gold, 3.67 % lead, and 11.7 % zinc) over 0.69 m true width from 132.4 m including…
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Fury Intersects Gold Bearing Structure 660 Metres Down Plunge at Eau Claire; Moves Second Drill to Exploration Program
Fury Gold Mines Limited (TSX: FURY, NYSE American: FURY) (“Fury” or the “Company” – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/) is pleased to announce results from its first exploration drill hole (B1 (20EC-006)) targeting a 660-metre (m) extension from the known resource at the Eau Claire deposit located in the Eeyou Istchee Territory in the James Bay region of Quebec (Figure 1). The drill hole intercepted 3m of 2.59 g/t gold within a broader interval of 8m of 1.21 g/t gold at a drill depth of 643m to 651m (Table 1). Importantly, the gold mineralization encountered was associated with quartz-tourmaline veining and amphibole alteration, which is consistent with mineralization within the defined resource at the…
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Gold Terra Resumes Drilling on Newmont Option Claims South of the 5 Moz. Past-producing Con Mine, Yellowknife City Gold Project, NWT
Gold Terra Resource Corp. (TSX-V: YGT; Frankfurt: TX0; OTC QX: YGTFF) (“Gold Terra” or the “Company” – https://www.commodity-tv.com/ondemand/companies/profil/gold-terra-resource-corp/) is pleased to announce the restart of drilling to test the Campbell Shear as the Company has received the amended Land Use Permit (LUP) that allows drilling on the Company’s recently optioned property from Newmont Ventures Limited and Miramar Northern Mining Limited (the “Newmont Option”) adjacent to its 100% owned Yellowknife City Gold Project (“YCG”), NWT. The Newmont Option hosts the immediate southern extension of the Campbell Shear, where approximately 5 million ounces of gold was produced from the Con Mine between 1946 and 2005 at a grade of 15 g/t, and…
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Canada Nickel Announces Additional Positive Metallurgy Results at Crawford Nickel-Cobalt Sulphide Project
Highlights: New metallurgical testing confirms excellent nickel recovery of 52% Nickel equally split between high grade concentrate of 37% nickel and standard grade concentrate of 13% nickel Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSX-V:CNC) (OTCQB: CNIKF – https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ ) is pleased to announce excellent results from its latest metallurgical testing on its 100% owned Crawford Nickel-Cobalt Sulphide project. “The 52% recovery from a higher-grade core sample marks another excellent step forward for the Crawford project. Half of the recovered nickel is in a high grade concentrate at 37%; this result and other testwork demonstrates our ability to deliver 40-50% of the recovered nickel into a 35% nickel…
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