trenching

Vangold Mining Focusing on Near-Term Production Plan

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https://www.fscwire.com/newsrelease/vangold-mining-focusing-near-term-production-plan

Vancouver, British Colimbia (FSCwire) – Vangold Mining Corp. (“Vangold” or the “Company”) (TSX-V: VAN)(OTC-VGLDF) is pleased to announce that the Company has started a grading and sampling campaign on the surface stockpile, estimated by Vangold to be approx. 200,000 tonnes of lower grade Ag & Au mineralized material. The “Scope of Work” has commenced with the digging of trenches within a defined and predetermined grid pattern of 25m x 25m.  The objectives of the sampling program are (i) to confirm the overall average grade and economics of the surface stockpile, (ii) provide data for a blending regime to transport a consistent mill feed, for the Company’s near-term toll treatment milling strategy, and (iii) to define and optimize metallurgical recoveries for this type of exposed weathered stockpiled material.

 

The existing underground (“UG”) stockpile comprises high-grade Ag & Au mineralized material mined at 15 grams per tonne (“g/t”) AuEq or better, that was abandoned by the previous operator “Pinguico Mines Company” as a result of the Mexican Revolution and has remained in the mined stopes since 1913. Under the current operating plan, the focus of the sampling is to confirm the average grade across the potential 500,000 tonnes of UG stockpile.  Sampling will be undertaken by grab samples at the 8th level (255 m from surface) of the old Pinguico Mine’s production drive and by drilling across the UG stockpile in the mined open stopes. The “Drilling Scope of Work” includes 10 NQ drill holes (35m spacing average) to depths of 70m to 120m for a total of 1,000m.

Auxico Reports on new Gold Discovery at Aguamas Cuts 3m of 13.07 g/t Gold and 28.4 g/t Silver in a Channel Sample

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https://globenewswire.com/news-release/2017/10/24/1152410/0/en/Auxico-Reports-on-new-Gold-Discovery-at-Aguamas-Cuts-3m-of-13-07-g-t-Gold-and-28-4-g-t-Silver-in-a-Channel-Sample.html

MONTREAL, Oct. 24, 2017 (GLOBE NEWSWIRE) — Auxico Resources Canada Inc. (CSE:AUAG.CN) is pleased to provide initial sampling results of a single trench that yielded a 50m wide mineralized section grading 0.85 g/t Au including 3m of 13.07 g/t Au at the Aguamas property. This trench is located about 100 metres southeast of the Aguamas 2 historical mine, which returned samples of 14.87 g/t Au and 192.22 g/t Ag, and 25 metres northwest of the Aguamas 1 historical mine, where recent sampling returned 34.05 g/t Au and 97.78 g/t Ag. Examination of these past workings and exposed rock outcroppings indicated a series of quartz veins at multiple angles within a silicified volcanic breccia. The Aguamas property is located within the Company’s silver/gold property which contains 25 historic producers and occurrences. These gold and silver occurrences outline two regional trends that transect the property, anchored by past producers and field observations by Auxico’s geologists.

KOOTENAY SILVER REPORTS THAT AZTEC MINERALS TRENCHES 0.52% COPPER AND 0.62 GPT GOLD OVER 92.35 M WIDTH AT JASPER PROSPECT ON CERVANTES PROPERTY, MEXICO

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http://www.kootenaysilver.com/news/kootenay/2017/kootenay-silver-reports-that-aztec-minerals-trenches-052-copper-and-062-gpt-gold-over-9235-m-width-at-jasper-prospect-on-cervantes-property-mexico

Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to report that Aztec Minerals Corp. (“Aztec Minerals”) today announced additional trenching has returned attractive gold, copper, and molybdenum grades at the Jasper prospect on Kootenay’s Cervantes Property in Sonora State, Mexico. The property is one of Kootenay’s generative projects and is under option to Aztec Minerals.

Additional hand trenching was conducted between and beyond the Penasco to the Cardon trenches, linking and further extending copper, gold, and molybdenum mineralization over a 71.0 meters linear distance in 92.35 meters of trenching. The sample interval weighted average over 92.35 meters returned 0.52% copper, 0.62 gpt gold, and 76 ppm molybdenum and continues to be open in all directions. Furthermore, the new trenching exposed a 6.0 meters interval of 4.78 gpt gold with 0.44% copper and 90 ppm molybdenum, in which several specks of visible gold were identified.

The copper values over the 92.35 meter length range from 0.0295% in highly leached quartz feldspar porphyry to 1.39% in copper oxide hosted quartz feldspar porphyry and hornfelsed sediment with lower hematite-goethite content. Over the same 92.35 meters, gold values range from <0.005 gpt to 7.15 gpt and the molybdenum values range from 5.2 to 249 ppm. Click the following link to view the Cervantes exploration maps.

Kootenay Silver looks forward to further trenching results from Aztec Minerals on the Cervantes Property including drilling, which is anticipated to begin towards the end of October 2017.

Aztec Minerals’ Trenching Extends Jasper Zone Mineralization to 0.52% Copper and 0.62 gpt Gold over 92.4 m Length on Cervantes Property, Mexico

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https://www.fscwire.com/newsrelease/aztec-minerals-trenching-extends-jasper-zone-mineralization-052-copper-and-062-gpt-gold

Vancouver, British Columbia (FSCwire) – Aztec Minerals Corp. (AZT: TSX-V) announces that trenching at the Jasper prospect on the Cervantes property in Sonora State, Mexico has extended the mineralized zone, assaying 0.52% copper and 0.62 grams per tonne (gpt) gold over a 92.4 meters ( m) trench length (71 m linear) along a north-south trend, still open in all directions.

 

Additional trench sampling of visible porphyry alteration and mineralization has been extended over a 225 m trench length and assays are pending.  A recently completed geochemical soil survey over the Jasper zone west of and adjacent to the California zone has defined a discrete north-south copper-molybdenum anomaly averaging 0.12% copper over a 600 m length, still open to the north.

 

“The new trench and soil data significantly extend the length of porphyry mineralization at the Jasper prospect and provide an excellent drill target to complement the adjacent California porphyry oxide gold-copper target,” said Joey Wilkins, President and CEO.  Trenching continues at Jasper and now also at California. Aztec’s first drill program on the Cervantes property is set to begin in the next month.”

Chesapeake Updates Yarely Regional Exploration Program

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Click to access ChesapeakeGold_2017_09_07_147.pdf

Chesapeake Gold Corp. (“Chesapeake”) is pleased to provide an exploration update for its regional Yarely project (“Yarely”) near the proposed El Paso (Metates) plant site in Sinaloa State, Mexico. Chesapeake owns a 100% interest in Metates which hosts one of the largest undeveloped gold, silver and zinc reserves in the world. During the past year, Chesapeake has assembled a land position of 68,000 contiguous hectares at Yarely. The district is strategically located 10 kilometres from a paved highway and within 25 kilometres of the El Paso plant site.
Yarely is situated in a prolifically mineralized belt that parallels the Pacific Coast and lies along the western margin of the Sierra Madre Occidental within Sinaloa state. The Yarely district is very prospective for precious and base metal mineralization hosted within several different deposit types including skarns, epithermal veins, disseminated stockwork zones and breccias. A systematic program of geological mapping, rock chip channel sampling and trenching supplemented by IP geophysics has defined six  significant prospects.

Aztec Minerals’ Initial Trench Assay 0.89% Copper and 0.59 gpt Gold over 20 m Width at Jasper Prospect on Cervantes Property, Mexico

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http://aztecminerals.com/news/news-display/index.php?content_id=70

Vancouver, Canada – September 5, 2017 – Aztec Minerals Corp. (AZT: TSX-V) announces that the first two trenches at the Jasper prospect on the Cervantes property in Sonora State, Mexico have returned attractive gold and copper grades.

See maps at: http://www.aztecminerals.com/cervantes-project/maps/#&gid=1&pid=9
& http://www.aztecminerals.com/cervantes-project/maps/#&gid=1&pid=10

The Penasco trench returned a weighted average of 0.89% copper and 0.59 grams per tonne (gpt) gold over a 20 meter (m) width and the Cardon trench, 30 m north of the Penasco trench, assayed a weighted average of 0.76% copper and 0.30 gpt gold over a 10.85 m width, both still open in all directions.  The Penasco trench copper values range between 0.35% and 1.39% and the gold values range between 0.05 and 2.95 gpt. The Cardon trench samples range between 0.35% and 1.05% copper and 0.09 and 0.778 gpt gold.

Trenching exposed widespread oxide copper mineralization, including neotocite, chrysocolla and minor chalcocite.  Oxide gold mineralization is associated with hematite-goethite formed from oxidized pyrite in sub-vertical siliceous structures, quartz-copper oxide veins, and densely spaced fractures.

New trenching is underway to connect the Penasco and Cardon trenches, and extend further north to connect with other rock outcrops mineralized with copper oxides. Hand trenching will continue south of the Penasco trench to outcrops where grab samples have assayed up to 2.47% copper and 0.16 gpt gold. Overall, oxide copper has been traced in outcrop for over 230 m along the north-south Jasper trend, open in all directions and extending under thin overburden cover. Visible gold has been subsequently been observed in new trenches, with assays pending.

Colibri Completes Acquisition of Canadian Gold Resources Ltd.

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http://www.newswire.ca/news-releases/colibri-completes-acquisition-of-canadian-gold-resources-ltd-639505343.html

DIEPPE, NB, Aug. 9, 2017 /CNW/ – (CBI: TSX-V) Colibri Resource Corporation (“Colibri” or the “Company”) has completed its previously announced acquisition of Canadian Gold Resources Ltd. (“CGR”) from ONTOP Capital Limited (the “Vendor”).  In accordance with the terms of the Share Purchase Agreement, Colibri acquired all the outstanding shares of CGR for an aggregate acquisition cost of $4,000,000, paid by way of issuance of 24,242,425 common shares (the “Consideration Shares”) at a price of $0.165 per share to the Vendor.

Colibri now owns 100% of the right, title and interest in Minera Bestep S.A. de C.V. (“Bestep”), a private Mexican company. Bestep holds 100% of the right, title and interest in the Pilar Gold Project (“Pilar Property”) and the Sun Project. Both properties are located near Suaqui Grande, Sonora, Mexico and neither property is subject to any royalties or encumbrances. The Pilar Property is 105 hectares in size and the Sun Property is 110 hectares in size. A report on the Pilar Gold Project prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (the “NI 43-101 Report”) has been prepared by Jamie Lavigne M.Sc., P.Geo, a Qualified Person under NI 43-101 and independent of the Pilar Gold Project. The Sun Project has been subject to preliminary exploration work. The NI 43-101 Report is available on SEDAR.

Immediately after closing, the Vendor distributed the Consideration Shares to its shareholders by way of a return of capital dividend.  As a result of such distribution, a new Control Person will be created as one of the shareholders of the Vendor, John Schiavi, will be holding or controlling Consideration Shares equal to more than 20% of the issued and outstanding common shares of the Company after giving effect to the Transaction.

Vangold samples 34.11 g/t AuEq at El Pinguico

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http://vangoldmining.com/2017/06/15/vangold-samples-34-11-gt-aueq-at-el-pinguico/

Vangold Mining Corp. has provided results from its current exploration program on the El Pinguico mine property, located 15 kilometres from Guanajuato, Mexico. For the past four months, the company has engaged FindOre SA de CV, a geological exploration services company, to conduct extensive surface and underground mapping, surveying, rock sampling, and trenching. The results of the geological exploration program have provided extensive information about the structure and geological origins of the epithermal vein systems across the property. The results of the four-month sampling and mapping program will be used to identify grid spacing and drill locations, increasing the highest probability of achieving an inferred resource.

Exploration highlights:

  • Collected a total of 452 rock samples taken from surface grab samples and outcrops, historical workings, and adits;
  • Consistent assays over 10 grams per tonne gold equivalent at surface and underground, proving extensive multivein mineralization;
  • Underground samples total 310, from exposed veins, hangingwall and footwall locations;
  • Confirmation of extending mineralization over 1.5 kilometres from underground stockpile location to southern claim limit;
  • Completion of detailed mapping illustrates multiple parallel and perpendicular vein systems across the property;
  • Significantly derisked drill site locations.

COMMENCEMENT OF NEXT PHASE OF DRILLING AT CUITABOCA

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Click to access 17606_Investor-Presentation.pdf

Santana Minerals Limited (“Santana”) is pleased to advise that after the completion of necessary earthworks a new program of reverse circulation (“RC”) drilling has now commenced at the Company’s flagship Cuitaboca Project in Sinaloa, Mexico.
During April/May essential earthworks were undertaken by a local Mexican engineering and construction firm. The completed works comprised cutting new roads along the Las Animas and Evangelina vein structures at the Mojardina Prospect to permit drill pad positioning and enhance drill rig access both within the known mineralised zones and further south along strike.
The Company has now commenced a 16-hole, ~2500m RC program designed to test the vertical and horizontal continuity of mineralisation across the Las Animas and Evangelina zones of the Mojardina prospect. With previously undertaken diamond saw trenching and phase 1 and 2 RC drilling having established the existence of these vein systems and the potential for bulk tonnage silver mineralisation, the current RC drill campaign’s objective is to track the interpreted vein systems along strike and at depth. The program is also designed to test the significance of the junction of the Santa  Eduviges and Mojardina systems.