VANCOUVER, British Columbia, Oct. 27, 2020 -- Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“PureGold” or the “Company”), is pleased to announce that ongoing surface exploration drilling near the PureGold Mine continues to establish greater continuity and expansion of gold mineralization with high grade results returned from multiple drill holes targeting both resource upgrades and resource expansion outside the current mineral reserves.1 In addition, underground mine stope delineation drilling has intersected bonanza grades in areas targeted for first ore delivery and gold production from the mine.  These latest drill holes confirm the exceptional grades of the gold mineralization in the Wedge resource area, support continuity of high grade gold mineralization across the entire seven-kilometre long gold system, and confirm high grade gold in mine stopes scheduled for early production.

 

Our underground drilling continues to be extremely successful in delivering on its objective of discovering new gold mineralization, extending mineralization out from planned stopes and confirming stopes planned for near-term production.  New grade control drilling has highlighted the potential for bonanza grades in stopes planned for near term production.

 

Highlights of drilling from underground include:

296.1 g/t gold over 4.9 metres from test hole PGL-0003, including 1,147.1 g/t gold over 1.2 metres;

40.0 g/t gold over 2.2 metres from drill hole PGB-0170, including 94.1 g/t over 0.9 metres;

18.7 g/t gold over 2.8 metres from drill hole PGB-0165, including 65.4 g/t over 0.7 metres;

11.1 g/t gold over 6.7 metres from drill hole PGB-0178.

LP20-162 intersected 14.0 meters averaging 14.94 g/t Au, 51.6 g/t Ag,0.3% Cu, 3.6% Zn and a second interval of 6.0 meters averaging 10.30 g/t Au, 5.0 g/t Ag, 0.3% Cu and 1.7% Zn;

The mineralization is localized at the upper and lower contact of a magnetic mafic dike which was targeted as a potential marker unit;

The high-grade mineralization is within 100 meters of surface;

The results suggest that the magnetic mafic dikes maybe highlighting the location of epithermal feeder systems.

 

TORONTO, Oct. 23, 2020  -- Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD; OTCQX:UGDIF; FSE:UGD1) is pleased to announce results from its ongoing exploration drilling at the Candelones Extension deposit, part of the Company’s 100% owned Neita Concession in the Dominican Republic.

 

Drilling continues to test potential epithermal feeder systems at Targets B and C of the Candelones Extension deposit. The Company has completed 12 drill holes (4742 m) of the planned 15,000 meter program (Ref: Figure 1). Drilling at Target C is focused on tracing an interpreted fault structure which has been intruded by late mafic dike(s). High-grade gold and silver mineralization is localized at or near the contact of the magnetic dike suggesting that this could represent a potential marker horizon to guide future drilling.

Mr. David D'Onofrio reports

 

WHITE GOLD CORP. EXPANDS GOLD MINERALIZATION ON MULTIPLE TARGETS IN TRENCHING PROGRAM INCLUDING 8.88 G/T GOLD OVER 2.5M AND IDENTIFIES NEW TARGET WITH PROBE SAMPLES UP TO 24.4 G/T GOLD ON JP ROSS PROPERTY, YUKON

 

White Gold Corp. has released positive trench, GT probe and soil sample results which identified additional and widespread structurally controlled gold mineralization at multiple targets on its road-accessible JP Ross (JPR) property. The primary goal of the trenching program was to test identified soil and GT probe geochemistry anomalies and obtain a better understanding of the structural controls on mineralization to aid in drill planning. The positive results from this program in conjunction with other exploration results warranted follow-up exploration, with a series of rotary air blast (RAB) holes recently drilled to further test these targets, and additional RAB and diamond drilling planned for 2021. These activities form an integral part of the Company's ongoing fully-funded $4 million exploration program backed by strategic partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC), which also includes diamond drilling at the Ryan's Surprise and Titan targets, RAB drilling at the Hen and JPR properties, and a significant regional program comprising soil and GT probe sampling and ground geophysical (magnetics and VLF-EM) surveys.

MONTREAL, QC / October 21, 2020 / Amex Exploration Inc. ("Amex or the Company") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to report substantial results from several holes targeting the Denise Zone, a broad gold bearing system approximately 50 m to 100 m to the south of the High Grade Zone (HGZ), of the Perron property in northwestern Quebec, Canada as shown in Figures 1 & 2. These results significantly increase the potential for higher grade mineralization within the broad Denise Zone. Highlights are detailed below, and a complete list of results is available in Table 1.

 

Hole PE-20-192 intersected 39.55 metres of 9.36 g/t Au including 21.90 metres of 16.55 g/t Au which includes 0.50 metres of 428.42 g/t Au, 0.50 metres of 135.87 g/t Au, and 0.50 metres of 131.85 g/t Au at a vertical depth of approximately 225 metres

Hole PE-20-191 intersected 35.60 metres of 1.07 g/t Au including 0.50 metres of 47.94 g/t Au at a vertical depth of approximately 125 metres

Gold mineralization at Denise, hosted by brecciated rhyolite of the Beaupre Block, consists of disseminated anomalous to low grade gold mineralization associated with intense sericite and silica alteration, as well as high grade gold mineralization associated with narrow quartz veins and veinlets as shown in Figures 3 and 4. Highlighted results from the Denise Zone are presented on cross sections in Figures 5, 6, & 7.