Exploration Briefs - December 2017

MacPhersons Resources has reported initial reverse circulation drilling results from its Boorara gold project 10 km east of Kalgoorlie, Western Australia, including an intercept of 4 m grading 91.4 grams per mt 9 (g/mt) from 56 m to 60 m downhole. As of November 9, the company had completed 12,500 m of a planned drilling program of 37,000 m.

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Exploration Briefs - November 2017

Archer Exploration has reported discovery of two large copper targets at its 100% owned North Broken Hill project approximately 20 km north of Broken Hill, New South Wales, Australia. The new prospects were discovered during the company’s comprehensive, cobalt-focused reconnaissance rock chip sampling program, which is ongoing.

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Exploration Briefs - September 2017

Dalradian Resources has commenced a 30,000-m surface drilling program at its Curraghinalt gold project in northern Ireland. As of late July, five drill rigs were turning. The drilling will be primarily step-out holes, with the objective of investigating extensions of the Curraghinalt deposit, which is open in all directions.

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Fission Uranium has reported results from an additional two drill holes testing the recently-discovered R1515W zone more than 1.5 km west of the Triple R deposit at its Patterson Lake South project in Canada’s Athabasca Basin. The two holes encountered very wide mineralization and strongly radioactive peaks in multiple stacked zones. Of particular interest, hole PLS17-564 intersected 135.5 m of total composite mineralization, including 8.25 m of greater than 10,000 cps (counts per second) and multiple intervals of less than 65,535 cps, the maximum reading possible by the RS-121 scintillometer before saturation.

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Paramount Gold Nevada has reported assay results from five new holes at its Grassy Mountain project in eastern Oregon, confirming the consistency of both the grade and thickness of the gold mineralization for economic underground mining. Intercepts include 49 m at 2.91 g/mt, 24.7 m at 5.42 g/mt, and 35 m at 4.53 g/mt.

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Exploration Briefs - August 2017

Leagold Mining has reported drilling results for the first 20 holes of its infill and step-out exploration program at the Bermejal Underground deposit at the Los Filos gold mine in Guerrero state, Mexico. Highlights from the program include 7.2 g/mt over 18.8 m, 6.8 g/mt over 13.3 m, and 26.3 g/mt over 2 m (all capped grades and true widths).

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Barkerville Gold Mines has announced additional drilling results from its ongoing, 130,000-m Phase II Island Mountain exploration drilling program on its flagship Cariboo gold project in central British Columbia, Canada. The company is currently exploring and delineating the Valley and Shaft zones of the project with seven drill rigs, while an eighth drill rig is conducting exploratory drilling on Barkerville Mountain.

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Kingsgate Consolidated has discovered a new zone of silver mineralization at Cerro Blanco West on its 100% owned Nueva Esperanza precious metals project in the Maricunga district of Atacama province, Chile. Eight reverse circulation holes totaling 1,226 m were completed on the new target prior to drilling being halted by the early onset of winter conditions. Intercepts included 60 m grading 67.57 g/mt of silver from 40 m to 100 m downhole and 50 m grading 84.04 g/mt of silver from 62 m to 112 m downhole.

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