Cabral Gold Drills 23.8m @ 5.5 g/t gold at Cuiú Cuiú

Cabral Gold Inc. (TSXV: CBR)
Announced assay results from three diamond-drill holes testing the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil.  

Highlights included Hole DDH250, which intersected 111.3m of nearly continuous mineralization from surface at the Central deposit, including 23.8m @ 5.5 g/t gold from 87.5m.   […] 

 

Cabral Gold TSX.V : CBR
Stage Exploration
Metals Gold
Market cap C$51 m   @ 36c
Location Cuiú Cuiú , Tapajos, Para State, Brazil

 

 

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Cabral Gold MG deposit

Cabral Gold – MG Deposit, Para state, Brazil

 

Cabral Gold Drills 23.8m @ 5.5 g/t gold in Unoxidized Material and 84.9m @ 0.7 g/t Gold of Oxide Material at Central within the Cuiú Cuiú Gold District, Para State.

Vancouver, British Columbia – February 10, 2022 – Cabral Gold Inc.  (TSXV: CBR) (OTC: CBGZF) (“Cabral” or the “Company”) is pleased to provide assay results from three diamond-drill holes testing the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil. 
 

Highlights are as follows:

 
  • DDH250, intersected 111.3m of nearly continuous mineralization from surface at the Central deposit, including 23.8m @ 5.5 g/t gold from 87.5m, in hard unoxidized, brecciated and altered basement intrusive rocks including 0.7m @ 98.4 g/t gold from 87.5m, and 1.2m @ 51.0 g/t gold from 110.1m
     
    • 84.9m @ 0.7 g/t gold from surface within oxidized rocks directly above the unoxidized mineralization, including 16.7@ 0.5 g/t gold from surface in the gold-in-oxide blanket, and 68.2m @ 0.8 g/t gold from 16.7m in oxidized and weathered intrusive rocks
     
    • DDH255 returned 37.0m @ 1.3 g/t gold from 42.0m in oxidized and weathered basement rocks, including 1.6m @ 13.0 g/t gold, from 44.0m. The hole also intersected 17m @ 0.2 g/t gold from surface within gold-in-oxide blanket material
     
    • DDH258 also intersected 60m @ 0.8 g/t gold from 121.0m in hard brecciated and altered basement mineralization. The hole also returned a thin veneer of blanket cover, returning 5.8m @ 0.2 g/t gold from surface and 19.0m @ 0.3 g/t gold from 64.0m in oxidized weathered and mineralized basement rocks.  The hole ended in mineralization grading 0.9 g/t gold, suggesting mineralization is open at depth
     
     

    Cabral Gold management comments

    “The results from the diamond drilling at the Central gold deposit are exceeding our expectations.
    “There is clearly a thick zone of soft, weathered, mineralized gold-in-oxide material sitting directly above the primary Central gold deposit. Furthermore, these results confirm that significant zones of high-grade gold mineralization occur within the underlying, unweathered and hard basement gold deposit.
    “With four drill rigs currently turning at Cuiú Cuiú, and several new discoveries within the district, notably at PDM and Machichie, we look forward to a very busy few months and a constant stream of drill results.”
    Alan Carter, Cabral Gold President and CEO
    .
     
     

    Central Diamond-Drill Results

     
    The Central gold deposit is located 2.5km SE of the PDM target (Figure 1) within the Cuiú Cuiú gold district. 
    Cabral Gold
    Figure 1: Map showing the location of the Central gold deposit as well as the MG gold deposit, the PDM and MG gold-in-oxide blankets, and other key targets (yellow circles) within this part of the Cuiú Cuiú district.
    Two rigs are currently operating at Central: an RC rig drilling shallow holes to assess the extent of the recently identified near-surface gold-in-oxide blanket (see press release dated January 27, 2022) and a diamond rig to better define the high-grade, highly altered, brecciated and sheared zones within the primary basement deposit as well as to test the near surface gold-in-oxide blanket. 

     

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    For brevity, this summary has been abridged, to read the full news release, please click HERE

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    American Creek JV Partner CEO interview

    American Creek (TSX.V: AMK)

    JV partner Tudor Gold’s CEO Ken Konkin is interviewed about the forthcoming drill campaign for the Treaty Creek area, where American Creek is a 20% JV partner free carried until a production notice is given.

    They are hunting for elephants in elephant country, with the KSM deposit and the Brucejack mine for very close neighbours.   […] 

     

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    American Creek TSX.v : AMK
    Stage Exploration
    Metals Gold
    Market cap C$72.5 m   @ 17c
    Location British Columbia, Canada

     

     

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    American Creek

     

     

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    American Creek (TSX.V: AMK) JV partner Tudor Gold’s CEO Ken Konkin is interviewed about the forthcoming drill campaign for the Treaty Creek area, where American Creek is a 20% JV partner free carried until a production notice is given.

    They are hunting for elephants in elephant country, with the KSM deposit and the Brucejack mine for very close neighbours.

    This is an excellent interview with an industry veteran with massive experience in the adjoining proven deposits at Brucejack and KSM.

    The amount of drilling being proposed in 2022 is significant.

    American Creek Resources are in the unique position of having all the drilling done for them for nothing, so no exploration cashburn nor share dilution, and a massive discovery is being unearthed, with hopefully more to come in the very near future.

    .

    To listen to the Ken Konkin Tudor Gold podcast, please click here

    .

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    This website is not sponsored, we are truly independent, and will always remain so.

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    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

     

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    Disclosure

    At the time of writing the author holds shares in American Creek Resources bought in the market at the prevailing price on the day of purchase.

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    Cabral Gold Trenching returns 5m @ 8.3 g/t gold

    Cabral Gold Inc. (TSX.V: CBR)
    Provided assay results from several trenches recently excavated immediately west of the main Machichie target within the Cuiú Cuiú gold district in northern Brazil. 
     
    Highlights were Trench CT35A, located 285m west of the most westerly drill hole at the main E-W trending Machichie main zone, returned 5m @ 8.3 g/t gold including 1m @ 37.8 g/t gold.   […]

     

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    Cabral Gold TSX.V : CBR
    Stage Exploration
    Metals Gold
    Market cap C$58 m   @ 38c
    Location Para State, Brazil

     

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    Cabral Gold

    Cabral Gold Trenching Program Extends Machichie 285m to West and returns 5m @ 8.3 g/t gold, Cuiú Cuiú Gold District, Brazil 

    Vancouver,British Columbia – February 2, 2022 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSXV: CBR) (OTC: CBGZF)is pleased to provide assay results from several trenches recently excavated immediately west of the main Machichie target within the Cuiú Cuiú golddistrict in northern Brazil. 
    Highlights are as follows:
    • Trench CT35A, located 285m west of the most westerly drill hole at the main E-W trending Machichie main zone, returned
    • 5m @ 8.3 g/t gold
    • including 1m @ 37.8 g/t gold
    • The mineralization in CT35A is on strike and interpreted to represent the western extension of the E-W trending main Machichie mineralized structure. If proven correct, this would represent a 60% extension to the known mineralized zone at Machichie. This suggests that the Machichie main zone could extend for at least 800m along strike, whilst still being open to the west
    • Trench CT36 completed 100m to the NE of CT35A also returned encouraging results in a new parallel structure at Machichie, including:
    • 0.6m @ 12.9 g/t gold,
    • 1.5m @ 1.6 g/t gold, and
    • 0.7 @ 1.1 g/t gold
    • Further trenching in both areas is in progress in advance of planned follow-up drilling

    Cabral Gold management comments

     “The results from recent trenching west of the main E-W trending Machichie mineralized zone suggest there could be a significant extension to the zone as we currently know it, indicating a possible 60% addition to the strike length of the known mineralized structure.
    “Whilst further trenching is ongoing and drilling is planned, this is a major development in our efforts to determine the size and scope of the mineralized zones at Machichie, which is located just 500m north of the MG gold deposit.
    “It also adds further support to previous drilling which identified numerous near-surface high-grade vein structures in this area of the Cuiú Cuiú property.
    “With the existing two gold deposits at MG and Central, the recent discovery of three near-surface gold in oxide blankets, and a new hard-rock mineralized zone at the PDM target, Cuiú Cuiú is rapidly emerging as a significant gold district, containing multiple zones of near-surface gold mineralization, which are all located in close proximity.” 
    Alan Carter, Cabral Gold President and CEO.
    /

    Machichie Trench Results

    The Machichie target is located 500m north of the MG gold deposit (Figure 1).
    It was initially discovered in 2019. Previous drilling at Machichie identified a persistent mineralized zone which is E-W trending, dips steeply to the north.
    The main zone consists of a high-grade core zone surrounded by a low-grade alteration envelope. This is very similar to the style of primary bedrock gold deposits at MG and Central, as well as the recently announced PDM basement discovery (see press releases dated December 15, 2021 and January 12, 2022). 
    .
    .
    Cabral Gold location map

    Figure 1: Map showing the location of the Machichie target and the existing MG and Central gold primary gold deposits, as well as the recently identified gold-in-oxide blanket and underlying mineralized zone in hard rock at the PDM target within the Cuiú Cuiú district. Other key targets are shown as yellow circles.

    ..

    For brevity, this summary has been redacted, to read the full news release, please click HERE.

    =======

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    City Investors Circle is based in the financial district in the City of London

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    Cartier Resources reports 27.4 gpt Au over 8m

    Cartier Resources (TSX.V: ECR)

    Announced high grade channel sampling results from the 2021 exploration program at the 100 % owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada.

    This included 27/4 gpt gold over 8 metres.   […] 

     

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    Cartier Resources TSX.v : ECR
    Stage Exploration
    Metals Gold
    Market cap C$37 m   @ 17 cents
    Location Quebec, Canada

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    Cartier Resources logo

     

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    CARTIER CUTS 27.4 G/T AU OVER 8.0 M ON THE FENTON PROPERTY

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    Val-d’Or,January 18th,2022Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce high grade channel sampling results from the 2021 exploration program at the 100 % owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada.

     

    Highlights:

    • Channel sections with grades up to 69.1 g/t Au / 2.0 m;
    • Confirmed the Fenton gold Structure geometry over 325 m in length by 15 to 25 m in width;
    • 29.6 g/t Au / 2.0 m, cut to 550 m depth under the Fenton gold Structure, by historical drill hole;
    • Geophysical surveys results expected soon in preparation for drill target generation.

    .

    Cartier Resources management comments

    “ In 2021 we acquired 100% of the Fenton property and completed the review of the historical data as well as completing a focussed channel sampling program and a geophysical program.

     

    “These results are an excellent start for 2022 as they continue to build our understanding of the gold mineralization and orient future exploration work for expanding known gold mineralization and new discoveries.”

    Philippe Cloutier, President and CEO.

     

    Channel Sampling

    Results from the channel sampling program at the Fenton gold property (see November 29th, 2021 news release for information) carried out in November 2021 have been received by Cartier.

    The Fenton gold Structure has a geometry, identified to date, over 325 m in length by 15 to 25 m in width.  In surface, the center of the Fenton gold Structure returned values up to69.1 g/t Au over 2.0 m, included in43.5 g/t Au over 4.0 m, also included in an interval grading 27.4 g/t Au over 8.0 m (Refer to the FIGURE and Table 1 below).

     

    Recall that, significant historical drill intercepts had returned 29.6 g/t Au / 2.0 m included in 20.0 m grading 3.4 g/t Au also within a broad interval of 64.7 m grading 1.5 g/t Au; located at a depth of 550 m, below the channel results presented in this release.

    ,

    For brevity, this summary has been redacted, to read the full news release, please click HERE

    =======

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    City Investors Circle is based in the financial district in the City of London

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    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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    Magnetic Resources Report high Grade Gold Zones

    Magnetic Resources (ASX: MAU)

    Magnetic Resources’ recent infill and extension drill program at Lady Julie has found both thick and high-grade zones starting from surface.

    This promising southern part of the Lady Julie North 1 target zone area is being tested in detail over a 1km length with 33 RC holes planned for 3518m averaging 107m per hole.

     

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    Magnetic Resources ASX: MAU
    Stage Exploration
    Metals Gold
    Market cap A$550 m   @  A$1.50
    Location Laverton Area, Western Australia

     

     

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    Magnetic Resources Hawks Nest 9 map

    Magnetic Resources Hawks Nest 9 map

     

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    MAGNETIC RESOURCES REPORTS THICK HIGH-GRADE INTERSECTIONS AND VERY HIGH-GRADE VERTICAL SHOOTS AT LADY JULIE

     

    Magnetic Resources’ recent infill and extension drill program at Lady Julie has found both thick and high-grade zones starting from surface. 

    /

    Magnetic Resources (ASX: MAU)  recent infill and extension drill program at Lady Julie has found both thick and high-grade zones starting from surface.

    This promising southern part of the Lady Julie North 1 target zone area is being tested in detail over a 1km length with 33 RC holes planned for 3518m averaging 107m per hole.

    Multiple both thick and high-grade zones starting from surface are found at Lady
    Julie after our most recent infill and extension drill programme.

    These promising anomalous gold zones are still open to the SE as shown up by
    MLJRC448 with an intersection of 88m at 1.3g/t from 68m.

    .

    Elephant country

    If you go hunting for elephants, you need to go to elephant country. Lady Julie lies close to other major deposits in the Laverton region of Western Australia.

    Lady Julie is 15km NW of the Granny Smith Operations owned by Gold Fields Australia Pty Ltd and only 10km NE of the Jupiter Operations owned by Dacian Gold, and 35km north of the Sunrise Dam deposit owned by Anglo Gold Ashanti near Laverton.

    .

     

    Magnetic Resources management comments

    “With the Australian gold price at near record levels of $2503, the HN9 Project area encompassing HN5, HN6, HN9 and Lady Julie is shaping up and has potential for large-scale shallow deposits.

     

    “The multiple, shallow intersections that start from surface are exciting at Lady Julie North with intersections of 24m at 4.4 g/t from 0m in MLJRC348, 22m at 4.1 g/t from 0m in MLJRC457.”

     

    “These shallow zones continue downdip and thicken as shown in with an intersection of 88m at 1.3 g/t from 68m in MLJRC448 and 18m at 4.7 g/t from 142m in MLJRC404.

     

    “These mineralised zones are open to the SE. Some of this infill drilling is ascertaining the extent of some very-high grade zones greater than 10 g/t, including 2m at 21.4 g/t from 43m in MLJRC292 and 4m at 15.1 g/t from 32m in MLJRC453 and 1m at 59.5 g/t from 22m in MLJRC348 – that lie within the promising thicker intersections.

     

    “The thicker porphyry zones on the eastern side of the Lady Julie1 mineralised zones are being tested at depth looking for underlying deeper mineralised intrusions similar to Sunrise Dam.”

    Magnetic Resources Managing Director George Sakalidis

    .

     

    For brevity, this summary has been redacted, to read the full news release, please click HERE

    ,

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    City Investors Circle is based in the financial district in the City of London

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    Cabral Gold Reviews Achievements and Objectives

    Cabral Gold Inc. (TSX.V: CBR)

    Provided a summary of successes achieved during 2021 at the Cuiú Cuiú gold district in Para State, northern Brazil, and outlined its plans for 2022.

    Cabral is looking forward to continuing its aggressive exploration program in 2022 following encouraging drill results in December which included 22.4m @ 4.8 g/t gold.   […]

     

    .

    Cabral Gold TSX.V : CBR
    Stage Exploration
    Metals Gold
    Market cap C$67 m   @ 40c
    Location Para State, Brazil

     

     

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    Cabral Gold excavator

     

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    Cabral Gold Reviews 2021 Achievements and Outlines Plans for 2022 at Cuiú Cuiú Gold District, Brazil

     

     

    Vancouver, British Columbia–(Newsfile Corp. – January 6, 2022) –Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) (“Cabral” or theCompany“) is pleased to provide a summary of successes achieved during 2021 at the Cuiú Cuiú golddistrict in northern Brazil, and outline its plans for 2022.

    During 2021, Cabral’s ongoing drill program was primarily focused on defining the high-grade zones within the MG and Central gold deposits, but the Company also identified two new near surface gold-in-oxide blankets at MG and PDM, as well as a new high-grade mineralized zone in hard rock at PDM. The Company continued to drill test and expand other new target areas, such as Machichie, Machichie SW, Morro da Lua, and Indio. There are still some 39 other gold targets to test on the 36,000 ha Cuiú Cuiú property. Concurrent with the drill program Cabral continued its regional grassroots reconnaissance exploration in new areas of the district including stream- and soil-geochemical sampling and prospecting.

    Based on positive initial results realized during early 2021, Cabral accelerated its drilling campaign. The Company started 2021 with two RC rigs and added a diamond rig in February and two more diamond rigs in July following the successful closing of a financing in July. A total of 25,359m of drilling was completed during the year, including 16,027m of RC drilling and 9,332m of diamond drilling. Assay results from 21 diamond-drill holes and 12 RC holes completed at MG, PDM, and Central were still pending at year end and will be released in the coming weeks.

    Cabral is looking forward to continuing its aggressive exploration program in 2022 and is planning an expanded drill program at PDM following encouraging drill results in December which included 22.4m @ 4.8 g/t gold from the granitic rocks below the recently identified gold-in-oxide blanket. In addition, diamond drilling at the Central and MG gold deposits will continue with the objective of defining higher grade zones within both deposits, while testing for additional zones of mineralization. RC drilling will also continue testing the overburden above the Central gold deposit with the objective of identifying a third gold-in-oxide blanket.

    Elsewhere additional drilling and trenching is planned at Machichie, and several regional targets including Tracaja, Indio, Dona Moca and the new Escondido target.

    Cabral Gold

    Figure 1: Topographic map showing the location of the MG and Central gold deposits (in red) and the outline of the recently discovered gold-in-oxide blankets at PDM and MG (in beige) as well as other key targets at Cuiú Cuiú. The outline of the historic placer gold workings are shown in pale yellow. MG and Central are the two deposits comprising the current project resource

    To view an enhanced version of this graphic, please click HERE

    .

    For brevity, this summary has been redacted, to read the full news release, please click HERE

    .

    =======

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    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

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    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

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    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

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    Banyan Gold Reports Aurex Hill Zone Drill Results

    Banyan Gold Corp. (TSX.V: BYN)

    Present the complete set of results from the diamond drill exploration campaign on the Aurex Hill zone at the Company’s rapidly developing AurMac Property, Yukon.

    These results demonstrate this zone has the potential to host widespread, consistent and near-surface gold mineralization over meaningful extents.

     

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    Banyan Gold TSX.V: BYN
    Stage Exploration
    Metal Gold
    Market cap C$68m @ 30c
    Location Yukon, Canada

     

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    Banyan Gold project map

    Banyan Gold project map, Yukon Territory, Canada

    VANCOUVER, B.C., December 7, 2021 – Banyan Gold Corp. (the “Company” or “Banyan“) (TSX-V: BYN) is pleased to present the complete set of results from the diamond drill exploration campaign on the Aurex Hill zone at the Company’s rapidly developing AurMac Property, Yukon (Table 2 and Figure 1 and 2).  These results demonstrate this zone has the potential to host widespread, consistent and near-surface gold mineralization over meaningful extents.

    Assay highlights from the 2021 Aurex Hill target include:

    • 13.7 metres (“m”) of 0.59 g/t Au from surface in DDH AX-21-116
    • 17.8 m of 0.81 g/t Au from 121.9 m in DDH AX-21-116  
    • 71.6 m of 0.36 g/t Au from 196.6 m in DDH AX-21-117
    • 43.9 m of 0.52 g/t Au from 118.0 m in DDH AX-21-118   
    • 13.8 m of 0.66 g/t Au from 9.1 m in DDH AX-21-119
    • 89.2 m of 0.35 g/t Au from 164.6 m in DDH AX-21-120
    • 34.4 m of 0.53 g/t Au from 37.2 m in DDH AX-21-121
    • 46.0 m of 0.41 g/t Au from 62.8 m in DDH AX-21-123
    • 24.2 m of 0.57 g/t Au from 195.1 m in DDH AX-21-125
    • 41.2 m of 0.54 g/t Au from 187.4 m in DDH AX-21-127

    .

    Banyan Gold management comments

    “Results from the seventeen holes of the 2021 Aurex Hill campaign, combined with historic intercepts, significantly increases the mineralization footprint of Aurex Hill.

     

    “The zone represents a large untested target area with the potential to define additional near-surface, potentially heap leach developable, gold resources.

     

    “The existing infrastructure, recently augmented by Banyan, has positioned AurMac to be advanced quickly; supporting the four drills currently operating.”

    Tara Christie, President and CEO Banyan Gold

    .

    Results from these 17 holes are consistent with previous exploration drilling campaigns at Aurex Hill, all of which have yielded significant intersections of gold mineralization including 1.11 g/t over 17.9 m from surface in AX-20-57, 0.91 g/t over 20.5 m from surface in AX 20-54 (see Company News Release, February 8, 2021)

    .

    Image 1:  Photographs of visible gold from AX-21-116 128.0 m to 129.5 m which assayed 1.64 g/t over 1.5 m images A, B, & C and image D from AX-21-131 155.5 m to 157.0 m which assayed 0.22g/t over 1.6 m.

    .

    Diamond drilling at the Aurex Hill Zone comprised of seventeen (17) diamond drill holes designed on a nominal 100 m step-out grid focused on definition and expansion from historic rotary air blast (“RAB”) and Banyan diamond drill results from 2017 and 2020 reconnaissance drill programs which highlighted the mineralization connection potential between the Powerline and Aurex Hill zones (See Company News Releases dated January 11, 2021 & February 8, 2021).  

    The location of the drill grid was selected to make use of existing roads for access and previous drill results before constructing new access into other target areas of Aurex Hill.

    .

    2021 Drill program at Powerline and Aurex Hill, showing historic, completed, and planned diamond drill holes.

    .

     

    Detailed maps with drill hole locations and sections, along with additional highlighted results and full database is available on the Banyan’s website

    .

    Banyan Gold 2021 Drilling Program Update

    AurMac drill program has expanded to four (4) drills working onsite and over 30,000 m and over 135 diamond drill holes have been drilled thus far in 2021.

    Diamond drilling at AurMac since the Q1 2020 maiden resource announcement is now over 40,000 m to date – which has all targeted resource expansion of the Airstrip Deposit; the Powerline Deposit and the Aurex Hill zone.

     

    About Banyan Gold

    Banyan’s primary asset AurMac is adjacent to Victoria Gold’s Eagle Gold Mine, in Canada’s Yukon Territory, which announced commercial production on July 1, 2020. 

    The AurMac initial resource of 903,945 oz Au was announced in May 2020. 

    Major strategic shareholders include Alexco Resource Corp, Franklin Gold and Precious Metals Fund, Osisko Development, and Victoria Gold Corporation.

     Banyan is focused on gold exploration projects that have the geological potential, size of land package and proximity to infrastructure that is advantageous for a mineral project to have potential to become a mine.  Our Yukon based projects both fit this model and our objective is to gain shareholder value by advancing projects in our pipeline.

    The 173 sq km AurMac Property lies 30 km from Victoria Gold’s Eagle Project and adjacent to Alexco’s Keno Hill Silver District and is highly prospective for structurally controlled, intrusion related gold-silver mineralization.  The property is located adjacent to the main Yukon highway and just off the main access road to the Victoria Gold open-pit, heap leach Eagle Gold mine.  The AurMac Property benefits from a 3-phase powerline, existing Yukon Energy Corp. switching power station and cell phone coverage.  Banyan has optioned the properties from Victoria Gold and Alexco respectively with a right to earn up to a 100% subject to royalties. 

    .

    For brevity, this summary has been redacted, to read the full news release, please click HERE

    .

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    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email  andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

     

    Disclosure

    At the time of publishing the author holds shares in Banyan Gold, bought in the market at the prevailing price on the day of purchase .

     

    To read our full terms and conditions, please click HERE

     




    Apollo Consolidated Outline Robust Gold Zones

    Apollo Consolidated (ASX: AOP)

    Assay results from continued metallurgical diamond drilling confirm excellent grade and width continuity and further strong validation of the April 2021 Mineral Resource estimate block model.

    Drill holes at Duke and Duchess were sited on infill drill sections and demonstrated the robust nature of mineralised structures in the areas tested.

     

    .

    Apollo Consolidated ASX : AOP
    Stage Exploration
    Metals Gold
    Market cap A$112 m   @ 38.5c
    Location Kalgoorlie, Western Australia

     

     

    .

    Apollo Consolidated Lake Rebecca project map

    Apollo Consolidated Lake Rebecca project map

     

    Apollo Consolidated – Metallurgical drilling outlines robust gold zones at Lake Rebecca Project

     

    .

    Apollo Consolidated (ASX: AOP) Assay results from continued metallurgical diamond drilling confirm excellent grade and width continuity and further strong validation of the April 2021 Mineral Resource estimate block model.

    Drill holes at Duke and Duchess were sited on infill drill sections and demonstrated the robust nature of mineralised structures in the areas tested.

    Highlights:

    Assay results from continued metallurgical diamond drilling confirm excellent grade and width continuity and further strong validation of the April 2021 Mineral Resource estimate block model.

     

    Significant gold results included:

    ™ 32m @ 1.56g/t Au & 30m @ 1.47g/t Au in MET001 at Duchess deposit
    ™ 66m @ 1.03g/t Au & 22m @ 1.35g/t Au in MET002 at Duchess deposit
    ™ 97m @ 1.85g/t Au (including 1m @ 25.4g/t Au and 1m @ 12.5g/t Au) in MET003 at Duke deposit
    ™ 22.8m @ 1.43g/t Au, 19m @ 1.16g/t Au & 11m @ 1.20g/t Au in MET005 at Rebecca deposit
    ™ 20.8m @ 2.35g/t Au (incl. 1m @ 17.3g/t Au) & 17m @ 1.27g/t Au in MET006 at Rebecca deposit

    Drill holes at Duke and Duchess were sited on infill drill sections and demonstrate the robust nature of mineralised structures in the areas tested.

    Drill holes at Rebecca were designed to collect bulk composite material from the moderate grade Laura and Maddy mineralised structures.

    Coarse visible gold logged in MET001 within a zone of massive sulphide veining (assayed 9m @ 2.24g/t Au) pointing to a potential new style of higher-grade mineralisation at this deposit.

    • Next stages of metallurgical test work now underway.
    • RC and diamond exploration drilling continues, working through a selection of high potential value-add exploration, resource-definition, and step-down targets.

    .

    Apollo Consolidated Limited – Metallurgical diamond drilling

    Assay results have been returned for remaining HQ diameter diamond drill holes at Apollo’s 100%-owned Lake Rebecca Gold Project located 150km east of Kalgoorlie in Western Australia, following the reporting of MET004 last month.

    Remaining drill holes targeted mineralised structures typical of the average Mineral Resource estimate1 grade and have provided bulk composite material for continued metallurgical studies.

    The drilling was also designed to add geological information between existing drill sections.

    The Company is pleased to report excellent width and grade continuity in the areas tested and a strong validation of the April 2021 Mineral Resource estimate1 block model.

    Drill hole MET001 at the 195,000oz Duchess deposit was drilled on a 20m spaced infill line and intersected 32m @ 1.56g/t Au from 25m, 30m @ 1.47g/t Au from 61m, 16m @ 0.97g/t Au from 98m and 16m @ 0.90g/t Au from 118m.

    A zone of massive sulphide veining in the footwall to the main structure returned 9m @ 2.24g/t Au from 136m, including a section of core showing coarse visible gold grains.

    This style of gold mineralisation has not been logged before at this prospect and raises the possibility of a new style of gold mineralisation and the use of downhole EM tools to target vein extensions.

    .

    To read the full news release, please click HERE

    .

    =======

     

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email  andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds shares in Apollo Consolidated, bought in the market at the prevailing price on the day of purchase.

    .

    To read our full terms and conditions, please click HERE