CEO Don Moore states: “Having a compelling drill target emerge from geochemical data alone on a high priority CARDS target is a rare event; nonetheless Storboren is drill-ready.
“We look forward to completing our first drill program at the Sandy Gold Project, which last saw drilling in the early 1990s. We are currently finalizing our drill program that is expected to commence in October 2020,”commented Peter A. Ball, President and CEO of NV Gold.“At the same time we are preparing our drill at the Sandy Gold Project, we have recently submitted our drill permit for our 100% owned Slumber Gold Project in Humboldt County, Nevada, which was leased in 2019. We also continue to advance the optioned Exodus Gold Project in BC, Canada, where we can earn up to an 85% interest. This is shaping up to be a very exciting and busy second half of 2020 at NV Gold, with potentially three drill programs to be undertaken.”
For further information, visit the Company’s website at www.nvgoldcorp.com or contact:
Peter A. Ball, President & CEO Phone: 1-888-363-9883 Email: peter@nvgoldcorp.com
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Millrock President & CEO Gregory Beischer commented: “We had high hopes for the seven-meter thick quartz vein interval intersected in hole 20AU07 and these results are disappointing. However, it is not unusual for gold concentration to change dramatically within a few tens of meters in vein-hosted systems such as these. Drilling the intersected vein in nearby locations could result in the gold discovery we seek.”
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“We are honoured to have completed this agreement with Shimadzu Ltd.,” commented Akiko Levinson, CEO and a director of Irving.“This is one of the great historic gold districts in Japan but has seen no modern exploration. We look forward to beginning the search for further high-grade gold veins on the Yamagano mining tenement and adjacent lands we have staked.”
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“The PEA for Tuvatu demonstrates robust economic potential for a low-cost, high-grade gold operation with low upfront capital costs, enabling rapid payback of capital even at a gold price of US $1,400 per ounce ,” stated Lion One Chairman and CEO Walter Berukoff. “We are encouraged about Tuvatu’s potential for a near-term development and production opportunity, with further exploration and expansion potential as we continue our current drill programs to extend the known mineralization of Tuvatu and the surrounding Navilawa Caldera.”
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“We are pleased to exercise our option over the Malmsbury project,” commented Quinton Hennigh, Chairman and President of Novo. “Although early stage, Malmsbury hosts one of the closest geologic analogues to the high-grade Fosterville gold deposit situated approximately 50 km to the north. Like Fosterville, Malmsbury is situated along the eastern margin of the prolific Bendigo zone. Mineralization is of classic epizonal orogenic style displaying high-level vuggy quartz veins, elevated antimony and finely disseminated high-grade gold. Novo believes that it now holds one of the most prospective high-grade gold projects in the Victorian gold fields.”
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Judson Culter the CEO of Rover Metals down with Maurice Jackson of Proven and Probable on the companies most comprehensive interview to date. Rover Metals is actively conducting a drill campaign in the Prolific Yellowknife District is known for having high-grade gold. Rover Metals host the Uptown Gold Project and the Cabin Lake Gold Project. The topic for today will be the Cabin Lake Gold Project which has a Historic Resources of 14 Grams Per Ton Gold. Mr. Culter will outline the driving thesis and value proposition of the drill program and the merits of being a shareholder as assay results are pending on the Cabin Lake Gold Project. Will the results be favorable? Find out right here!
Rover Metals Corp. is a natural resource exploration, junior mining company specialized in North American precious metal resources.
Fisher Property Summary
Both Fisher and the Seabee Gold Operation are located within the Trans Hudson Corridor, specifically within the Pine Lake Greenstone Belt. Ore geology at the Seabee Gold Operation consists of high-grade gold hosted by vein mineralization associated with shear zones that transect mafic meta-volcanic and intrusive rocks, as well as granitic rocks emplaced during the regional deformation events impacting Pine Lake rocks during the Proterozoic. Mineralization at the Seabee Gold Operation occurs at the Seabee and Santoy mine complexes, which are located approximately 14km apart. The former is affiliated with the more westerly-oriented Laonil Lake shear zone, while the latter is hosted by the Santoy Shear, a regional north-trending shear zone that has been traced over much of Fisher.
Since 1991, the Seabee Gold Operation has produced over 1.57 million ounces of gold from the Seabee and Santoy deposits. In 2019, the Seabee Gold Operation produced 112,137 ounces of gold at cash costs of US$464 per ounce with an average mill-feed grade of 9.56 g/t, the fourth consecutive annual production record, with 2020 Q1 production of 29,521 ounces. SSR Mining has reported uncut drill intercepts grading up to 1,004 g/t Au over 1.6m, including 3,887 g/t gold over 0.4m (true widths) along the Santoy Shear in an area located approximately 3km northwest of the Fisher boundary (source: SSR Mining Website May 07, 2020). Management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the subject properties.
For further information on TGC please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: info@taigagold.com(link sends e-mail) or visit our website at www.taigagold.com
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