Pontio Gold System Extended
Gemdale Gold reported the intersection of gold mineralization in an 800m step out south of previous intersections at its Pontio Gold project in western Finland. As part of a 10-hole, 782.30m drill program, drill hole PONT067 intersected 20.34m @ 1.05g/t Au and 0.06% Cu from 7.5m, including 1.98m @ 4.54g/t Au from 22.23m, extending the […]
Final Assay Results from Kuittila
Endomines reported final exploration results from 2023 diamond drilling at its Kuittila project. Final assays from the 33-hole, 5072m drilling program returned e.g. 8.6m @ 1.8g/t Au, including 0.9m @ 5.7g/t Au and 0.9m @ 6.3g/t Au in drill hole KT-026 or 7.3m @ 2.1g/t Au, including 1.0m @ 9.1g/t Au in KT-022. Notably, the […]
High-Grade Au Intercept From Aurion-B2 JV
Aurion Resources reported high-grade gold intercepts from scout drilling at the Vuoma prospect within the B2 Gold JV project. Drill hole VUO2312 intersected 4.90m @ 28.64g/t Au, including 1.10m @ 126.00g/t Au from 455.80m. The mineralization is hosted by sheared, fuchsite-chlorite-biotite altered ultramafic rocks at the contact with a sheared and altered siltstone and appears […]
High-Grade Infill Results From Pampalo
Endomines reported new high-grade drill results from underground drilling at its Pampalo mine. Infill drilling from the planned production area between the 875 and 955m level returned multiple, exceptionally high-grade intersections, e.g. 13.5m @ 18.2g/t Au, including 3.9m @ 46.3g/t Au in drill hole T-1948 or 7.4m @ 24.5g/t Au, including 0.8m @ 146.0g/t Au […]
Sotkamo Mineral Reserve Update
Sotkamo Silver published an updated mineral reserve estimate, amounting to combined proven and probable reserves of 1.45Mt @ 94g/t Ag, 0.2g/t Au, 0.23% Pb, and 0.55% Zn. According to the company, the known reserves together with the known mineral resources currently support a 7–8-year mine life. By the end of 2025, the company aims to […]
Firefox Secures Agnico Eagle Investment
Firefox Gold advised it entered into a strategic investment and an option agreement with Agnico Eagle. Following the private placement, Agnico Eagle will own approximately 10.9% of the issued and outstanding common shares on a non-diluted basis. Proceeds of the financing will be used, among others, for drilling at the Mustajärvi gold project. Under the […]
Geophysical Surveys In Southern Greenland
Amaroq Minerals provided an update on recently conducted geophysical surveys at its southern Greenland exploration and development portfolio. During the 2023 field season, five different geophysical surveys for approximately 10 000 lkm were completed at the company’s Johan Dahl Land, Nunarsuit, Sava, Stendalen, and Kobberminebugt projects. Results from all the surveys have now been received […]
307% Increase In Korvilansuo Resource
Endomines published an updated mineral resource estimate for its Korvilansuo project along the Karelian gold line. Reporting a 307% increase in contained gold, the updated resource estimate returned 838 200t @ 2.49g/t Au, for 67 000 oz contained gold. According to the company, the mineralization is still open at depth and towards the north and […]
Remaining Assay Results From Kopsa
Northgold reported the remaining gold and copper drill results from its 2023 resource expansion drilling program at the Kopsa gold project. All of the six final holes encountered gold and copper mineralization outside the previously defined resource envelope, e.g. 0.91g/t AuEq over 105.2m, including 13.06g/t AuEq over 3.4m in drill hole NGKOP23029. An updated resource […]
Bonanza Gold Grades From Iceland
St-Georges Eco-Mining reported bonanza gold grades from exploration at its Elbow Creek project in Iceland. Following the acquisition of surface and mineral rights from a private landowner, prospecting at the low sulfidation epithermal Elbow Creek project resulted in multiple samples assaying between 0.1 to 137g/t Au and 0.1 to 1,515 g/t Ag in float and […]