Drilling is ongoing and mineralization remains open for expansion

 

VANCOUVER, British Columbia, Aug. 21, 2017 -- Velocity Minerals Ltd. (TSXV:VLC.V) ("Velocity" or the "Company") announces that it has received laboratory results for the first two drill holes (Table 1) at the Company's advanced Rozino gold project ("Rozino" or the "Project"), located within the Tintyava prospecting and exploration licence area in southeastern Bulgaria.

"These results are among the best grades ever returned from the project and the drill holes clearly demonstrate the potential for thick, high-grade gold mineralization between the historical drill fences," stated Keith Henderson, Velocity's President & CEO.  "The Company's exploration model at Rozino is that gold mineralization is controlled by northwest-trending, steeply dipping structures.  Most historical holes were drilled vertically or angled parallel to what is believed to be controlling structures; neither of these previous approaches adequately tested mineralization."

VANCOUVER, BC--(August 17, 2017) - ATAC Resources Ltd. (TSX VENTURE: ATC) ("ATAC") is pleased to announce results of the first four diamond drill holes from the Conrad Zone within the Osiris Project at the Rackla Gold Property, Yukon.

All four holes were designed to test new areas of mineralization and crosscutting faults believed to be associated with high-grade gold mineralization in the vicinity of the 350 Faults on the western side of the Conrad Zone. All holes that intersected gold mineralization returned grades consistent with previous Conrad drilling.

 

Highlights

Drilling intersects significant gold mineralization in OS-17-232 in a previously untargeted area of the Conrad Zone;

OS-17-233 intersects 67.06 m of 3.35 g/t gold including 15.14 m of 7.25 g/t gold within and adjacent to the 350 Fault zone; and,

OS-17-234 intersects near-surface gold mineralization in the hinge area of the Conrad Upper Zone anticline.

Conrad Zone Diamond Drill Results

Exploration success at Pilar includes a significant intercept grading 10.8 g/t Au over 29.3 m (ETW 22.5 m)
Ongoing cost reduction initiatives enable continued capital investment in high priority growth exploration programs

TORONTO, Aug. 16, 2017 - Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG) today announced results from its investment in its near-mine high priority growth exploration drilling program, including 4 holes, involving 1,689 metres ("m") at the Company's emerging Pilar mine in Minas Gerais, Brazil. During the first half of 2017, the Company remained focused on reducing its cash costs, generating operating cash flow, and maintaining a disciplined approach to the allocation of sustaining capital which enabled the Company to continue deploying capital towards key growth exploration.

VANCOUVER, British Columbia, Aug. 15, 2017  -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V:NVO) (OTCQX: NSRPF) is pleased to announce that, further to its news release dated May 26, 2017, it has signed definitive agreements to farm-in and joint venture gold rights with Artemis Resources Limited (“Artemis”), an ASX-listed exploration and mining company, on Artemis’ 1,256 square km exploration package in the Karratha region of Western Australia.  Mineral holdings subject to this agreement are part of Novo’s greater Karratha gold project that includes Novo’s 100% land holdings, the Comet Well property and the recently announced option agreement covering the Pipeline property.