channel sample

Goldplay Exploration.- Surface Channel Sampling at Nava Zone Returns Wide Gold Intersection 40 m at 0.7 g/t Au Including 6.0 m @1.9 g/t Au

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GOLDPLAYNewsRelease_May07_2019finalversion

Vancouver, BC – Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB:
GLYXF) (“Goldplay” or the “Company”) is pleased to announce wide gold intersections in the Company’s first two surface trenches sampled to confirm the continuity and geometry of the low sulphidation epithermal gold mineralization that returned previously up to 10 g/t Au from channel sampling in underground tunnels at the Nava Zone discovery (see News Release dated 16 April 2019).

Historic Data Reveals High-Grade Surface Mineralisation at La Lupita

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Click to access 171116_Historic-High-Grade-Surface-Mineralisation-at-La-Lupita-Final.pdf

16 November 2017 – A review of historic data has confirmed the location of high grade silver mineralisation at the La Lupita prospect in the northern region of Santana’s Cuitaboca Project in Sinaloa, Mexico. (Refer Appendix 1)

A total of 24 samples were taken in the 1990s by Servicios Industrias Peñoles SA de CV (Peñoles). The sample results are shown in Table 1.

Table 1: Peñoles historic sampling records at La Lupita

Peñoles sampling of this vein yielded an average 0.3g/t Au and 220g/t Ag over an approximate strike length of 130m, the results of which were subsequently verified and recorded in a 2005 Technical Qualifying Report by consultancy group Behre Dolbear & Company Ltd.

 

Silver Bull Intersects 16 Meters of Sulphide Mineralization Grading 396G/T Silver & 1.61% Copper, Including 6 Meters Grading 610G/T Silver & 1.12% Copper on the Sierra Mojada Project, Coahuila, Mexico

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Click to access 2017-11-15_NR_SVB.pdf

Vancouver, British Columbia – Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull”) is pleased to provide results from its continued underground drill program targeting the newly discovered Sulphide Zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Highlights from the four holes announced in this news release include:

  • Hole T17003 – 16 meters @ 396g/t silver and 1.61% copper including 5 meters @ 379g/t silver and 3.25% copper from 0 meters to 5 meters, and 6 meters @ 610g/t silver and 1.12% copper from 10 meters to 16 meters.
  • Hole T17004 – 7 meters @ 370g/t silver and 0.85% copper. Hole hit historical workings and was terminated
  • Hole T17006 – 4.8 meters @ 352g/t silver and 0.58% copper. Hole hit historical workings and was terminated

Mammoth Resources Corrects Disclosure on Previous Press Release at the Request of IIROC

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https://www.newsfilecorp.com/release/29191/Mammoth-Resources-Corrects-Disclosure-on-Previous-Press-Release-at-the-Request-of-IIROC#.WcW-isjyjIU

Toronto, September 22, 2017 – Mammoth Resources Corp. (TSXV: MTH), (the “Company”), at the request of IIROC would like to clarify previous disclosure in the press release regarding its channel sampling program dated September 21, 2017. Mammoth would like to clarify the disclosure “Mammoth Resources Reports Average 0.77 Grams per Tonne Gold Equivalent over a Total Of 129 Metres”, that the total length of the average 0.77 grams per tonne gold equivalent over a total of 129 meters consisted of assay results from 12 separate sample locations taken at discreet points along the approximate 5 kilometre strike length, and was not a single continuous channel. Also Mammoth would like to clarify that the samples taken were taken as close to perpendicular to the strike of the geological structures sampled and were not taken along the strike of the geological structures of the 5 kilometre strike. And finally, Mammoth retracts the averaging of the results of the channel samples as the average 0.77 grams per tonne gold equivalent over 129 metres did not represent a single continuous representative sample. In addition, two low grade sample intervals were omitted that would have negatively influenced the calculated “average”.

Silver Bull Resources, Inc. Announces Results of Channel Sampling Program at the Sierra Mojada Project, Coahuila, Mexico

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http://www.silverbullresources.com/s/news.asp?ReportID=802396

Vancouver, British Columbia — Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull”) is pleased to provide the results of an underground continuous channel sampling program targeting the newly identified zone of sulphide mineralization at its Sierra Mojada Project in Coahuila, Northern Mexico.
Highlights from the program include:

  • A Continuous east-west series of channel samples returning 94.5 meters of 9.7% zinc, 124g/t Silver, 1.6% lead, and 0.46% copper of sulphide mineralization which includes smaller intervals of:
    • 31.5 meters @ 22.36% zinc, 134.5g/t silver, 2.05% lead, 0.21% copper.
    • 9 meters @ 10.2% zinc, 21g/t silver, 0.06% lead, 0.07% copper.
    • 10.5 meters @ 432g/t silver, 1.15% zinc, 0.05% lead, 1.22% copper.
  • Highlights from select individual channel samples from the continuous channel sample program in the new sulphide zone include:
    • Sample 25817 @ 4.45% zinc, 267g/t silver, 11.08% lead, 1.91% copper.
    • Sample 25818 @ 4.90% zinc, 163g/t silver, 6.58% lead, 9.87% copper.
    • Sample 25824 @ 23.21% zinc, 126g/t silver, 3.76% lead, 0.24% copper.
    • Sample 25825 @ 36.02% zinc, 178g/t silver, 3.60% lead, 0.45% copper.
    • Sample 25826 @ 21.36% zinc, 406g/t silver, 3.31% lead, 0.30% copper.
    • Sample 25827 @ 13.06% zinc, 118g/t silver, 1.69% lead, 0.1% copper.
    • Sample 25828 @ 12.55% zinc, 135g/t silver, 1.40% lead, 0.09% copper.
    • Sample 25829 @ 27.51% zinc, 139g/t silver, 0.72% lead, 0.14% copper.
    • Sample 25837 @ 20.29% zinc, 212g/t silver, 6.65% lead, 0.47% copper.
    • Sample 25838 @ 29.83% zinc, 504g/t silver, 5.66% lead, 0.6% copper.
    • Sample 25839 @ 27.96% zinc, 129g/t silver, 2.75% lead, 0.42% copper.
    • Sample 25844 @ 14.62% zinc, 195g/t silver, 1.48% lead, 0.08% copper.
    • Sample 25863 @ 863g/t silver, 0.41% zinc, 0.14% lead, 1.32% copper.
    • Sample 25866 @ 362g/t silver, 0.19% zinc, 0.03% lead, 1.18% copper.
    • Sample 25869 @ 863g/t silver, 5.26% zinc, 0.06% lead, 2.78% copper.

Oceanus Reports High-Grade Gold and Silver Assays from the Protectora, Caleigh and Fundadora Veins at the El Tigre Property in Sonora, Mexico

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https://www.oceanusresources.ca/news/2017/oceanus-reports-high-grade-gold-and-silver-assays-from-the-protectora-caleigh-and-fundadora-veins-at-the-el-tigre-property-in/

HALIFAX, NOVA SCOTIA – September 7, 2017 – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Corporation”) reports it has received assay results of channel samples collected from the legacy underground exploration tunnels on the unmined Protectora, Caleigh and Fundadora veins located north of the old El Tigre Mine (see Figure 1 Location Map).

In the Fundadora workings, the most significant result is from Channel ETLU-254 which returned 19.5 g/t gold equivalent consisting of 14.7 g/t gold and 359.8 g/t silver across a true width of 5.20 meters; including57.3 g/t gold equivalent consisting of 43.5 g/t gold and 1,039.5 g/t silver across a true width of 1.70 meters.

In the Caleigh workings, channel sample ETLU-242 returned 48.2 g/t gold equivalent consisting of 25.5 g/t gold and 1,704.2 g/t silver over a true width of 0.50 meters. Channel ETLU-243 returned 34.8 g/t gold equivalent consisting of 12.6 g/t gold and 1,659.4 g/t silver over a true width of 1.0 meters.

In the Protectora workings, channel sample ETLU-215 returned 5.70 g/t gold equivalent consisting of 1.59 g/t gold and 308.3 g/t silver across a true width of 1.25 meters; and channel sample ETLU-218 returned 3.94 g/t gold equivalent consisting of 2.09 g/t gold and 112.7 g/t silver across a true width of 1.50 meters.