First Mining Intersects 173.8 g/t Gold over 1.0 Metre at the Goldlund Gold Project, Ontario, Canada

Further Results from First Mining's 2019 - 2020 Drill Program at the Main Zone
 
VANCOUVER, BC / August 4, 2020 / First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF)(OTCQX:FFMGF)(FRANKFURT:FMG) is pleased to announce the latest results from the 2019 - 2020 drill program completed by First Mining at the Goldlund Gold Project ("Goldlund" or the "Project") in northwestern Ontario, Canada. Drilling focused on delineating mineralization in the eastern portion of the defined resource area at Goldlund (the "Main Zone"), with these results including the highest-grade interval encountered to date in the 2019 - 2020 program, Hole GL-20-033, which intersected 173.8 grams per tonne gold ("g/t Au") over 1.0 metre ("m").
 
Latest highlights from holes drilled at the Main Zone include:
 
Hole GL-20-033 intersected 173.80 g/t Au over 1.0 m
Hole GL-20-034 intersected 5.10 g/t Au over 1.0 m
"These five holes represent the completion of our 2019 - 2020 drill program, which consisted of a total of 48 holes" stated Dan Wilton, CEO of First Mining. "The program was successful in further delineating the Main Zone and followed on from the Company's successful drill program at its Miller Prospect in 2018 and 2019. Both of these campaigns have demonstrated the exceptional exploration potential at Goldlund.
Published: 04 August 2020
Written by Editor
TSX   Mining   Drill Results   Up on News  
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Rockridge Plans Minimum 3,000 Metre Diamond Drilling Program at its Raney High-Grade Gold Project Southwest of Timmins, Ontario

VANCOUVER, British Columbia, July 30, 2020  -- Rockridge Resources Ltd. (TSX-V: ROCK)(OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce that it plans to conduct a diamond drilling program at its Raney Gold Project located southwest of Timmins, Ontario, Canada (the “Raney Gold Project” or “Property”). The results of the recently completed summer field program will assist in delineating and prioritizing drill targets over the broad structural corridor that hosts the high-grade gold mineralization.
 
Raney Gold Project Location Map:
 
Highlights:
The Raney Gold Project is a large prospective gold property covering ~2,800 hectares located ~110 km southwest of the prolific gold district of Timmins, Ontario
A fully-funded, minimum 3,000 metre diamond drilling program (approximately 10 holes) is now planned in the coming weeks
A drilling program completed earlier in the year (2,070 metres in nine diamond drill holes) to assess the potential of the mineralized gold system returned a highlight intercept of 28.0 g/t gold over 6.0 metres (see news release dated April 29, 2020); a primary drill target will be the down-dip extension of the previously reported high-grade zone in previously reported hole RN 20-06
Published: 30 July 2020
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TSX Venture   Mining   Project Update  
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Gatling to Commence AI Target Generation at Larder Gold Project, Ontario

VANCOUVER, BC /  July 30, 2020 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQX:GATGF) (the "Company" or "Gatling) is pleased to announce it has engaged artificial intelligence (AI) experts, Windfall Geotek, to use its advanced Computer Aided Resource Detection System (CARDS) to identify probable gold targets at the Larder Gold project. The AI targets will be evaluated and explored using traditional exploration techniques in upcoming programs.
 
Highlights of CARDS Analysis on Larder Gold Project
 
Large, Prospective Project Area. Gatling's Larder Gold project occupies 3,370 hectares along the Cadillac Larder Lake Break, a prolific structural gold trend. The property hosts three high-grade deposits along the main break, as well as two additional, underexplored gold trends, recently discovered 6 km north.
Robust Database for AI Analysis. AI uses pattern recognition and machine learning to make predictions based off compiled datasets. The Larder project benefits from a vast database of recent and historical data, including: >2,000 drill holes, >90,000 assays, >1,000 surface rock samples, >500 soil samples, as well as geophysics, Lidar and bedrock geology.
Published: 30 July 2020
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TSX Venture   Mining   Project Update  
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Eastmain to sell itself to Auryn, create Fury Gold

See News Release (C-ER) Eastmain Resources Inc
 
Combination to Create Fury Gold, a Leading Canadian Gold Developer
 
Auryn Resources Inc. (TSX: AUG, NYSE American: AUG) (“Auryn”) and Eastmain Resources Inc. (TSX: ER) (“Eastmain”) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) pursuant to which Auryn will acquire all of the issued and outstanding shares of Eastmain, immediately following a spin out of Auryn’s Peruvian projects to Auryn shareholders and completion of a concurrent financing (collectively, the “Transaction”). The Transaction will create Fury Gold Mines Limited (“Fury Gold”) and two independent spin-out entities (“SpinCos”) which will hold Auryn’s Peruvian projects.
 
Concurrent with the spin-out of the Peruvian projects, Fury Gold will consolidate its shares by approximately 10:7 such that approximately 110 million Fury Gold shares will be outstanding after the Eastmain acquisition (pre-financing), of which 69% will be owned by current Auryn shareholders and 31% will be owned by current Eastmain shareholders. Fury Gold is expected to remain listed on the TSX and NYSE American exchanges, and will be led by new President & CEO, Mike Timmins, whose bio follows below.
Published: 30 July 2020
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M & A   Down on News  
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Triumph Gold Announces 2020 Exploration Program at Freegold Mountain Project, Yukon

VANCOUVER, British Columbia, July 28, 2020 -- Triumph Gold Corp (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce plans for the upcoming exploration season on their 100% owned, 200 square kilometre, road-accessible Freegold Mountain Project in the prolific Dawson Range district of mining-friendly Yukon Territory. The Project is host to three NI 43-101 Mineral Deposits and covers an extensive section of the Big Creek Fault zone, a structure related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization.
 
The primary goal of the proposed exploration program is to significantly advance underexplored, near-surface gold targets of the Freegold Mountain Project. This includes epithermal gold targets of the Mount Freegold Property, southeast of the Nucleus and Revenue Deposits, as well as shallow gold targets related to the gold-rich porphyry copper mineralization surrounding the Revenue Resource area. The latter will be guided in part using a new drillhole-constrained 3D magnetic inversion geophysical model received from Mira Geoscience earlier this year.
Published: 28 July 2020
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TSX Venture   Mining   Project Update  
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