Monarques drills 0.6 m of 46.6 g/t gold at Croinor

2017-02-02 09:58 ET -  Mr. Jean-Marc Lacoste reports:
Monarques Gold Corp. has released the latest results for the 10,000-metre drilling program carried out in 2016 on its Croinor gold deposit, 70 kilometres east of Val d'Or, Que. The corporation is still awaiting the assay results for the last two exploration holes drilled in the Gold Bug area.
 
Hole CR-16-515 returned two mineralized intersections, one grading 6.74 grams per tonne (g/t) gold over 2.1 metres, including 24.7 g/t gold over 0.5 metre, and the other grading 11.91 g/t gold over 2.8 metres, including 46.6 g/t gold over 0.6 metre. The hole was drilled on section 490W and intersected the two veins at 133 and 150 vertical metres, enabling Monarques to increase its indicated resource and thus achieve the second objective of its Croinor gold drilling program. The reported lengths are core lengths, as the true lengths cannot be estimated. High grades were cut to 70 g/t gold, the same grade used in the Croinor gold deposit resource estimate.
Read more: Monarques Gold Corp ( MQR )

First Mining Finance Completes Fall Drill Program at Pickle Crow Project, Intersects 1.28 g/t over 12.70 metres, including 15.14 g/t over 0.70 metres in the No. 15 Vein

VANCOUVER, BRITISH COLUMBIA--(Feb. 3, 2017) - First Mining Finance Corp. ("First Mining" or the "Company") (TSX VENTURE:FF)(OTCQX:FFMGF)(FRANKFURT:FMG) is pleased to announce the completion of an initial diamond drill program on its 100% owned Pickle Crow Project ("Pickle Crow"), located in northwestern Ontario, Canada.
 
Highlights:
Hole PC-16-306 intersected 1.28 g/t over 12.70 metres including 15.14 g/t over 0.70 metres in the middle vein zone of the No. 15 Vein.
Visible gold was intersected in Hole PC-16-306 in the lower vein zone of the No. 15 Vein.
Note: Reported widths are drilled core lengths; true widths are unknown at this time. All assays are performed by Accurassay Laboratories of Thunder Bay, Ontario. Assay values are uncut.
Read more: First Mining Finance Corp ( FF )

Balmoral Intersects 11.66 Metres Grading 6.25 g/t Gold, Including 5.47 Metres Grading 12.48 g/t Gold, in Fourth New Discovery of Fall 2016 Program, Martiniere Property, Quebec

VANCOUVER, BC--(February 02, 2017) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) today announced the discovery of a new near surface zone of high grade gold mineralization, the fourth new discovery from the summer/fall 2016 drill program, on its Martiniere Property in Quebec. The new discovery returned an intercept of 11.66 metres grading 6.25 g/t gold. This includes a higher grade core of 5.47 metres grading 12.48 g/t gold. The new discovery is located 250 to 300 metres east of the projection of the main Bug Lake Gold Trend in a largely untested area of the property (See Figure 1).
Read more: Balmoral Resources ( BAR )

Atlantic Gold Reports Resource Drilling Results From the Cochrane Hill Gold Deposit and Completion of Phase One Drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 2, 2017) -
 
Highlights Include: 11m @ 3.41 g/t From 144m, 27m @ 3.34 g/t From 102m
30m @ 2.61 From 139m and 21m @ 2.99 g/t From 86m
Step-Out Holes: 5m @ 2.80 g/t From 38m and 6m @ 4.04 g/t From 108m
 
Atlantic Gold Corporation (TSX VENTURE:AGB) ("Atlantic" or the "Company") is pleased to report assay results received from an additional forty-one holes of the resource definition diamond drilling program being undertaken at its Cochrane Hill Gold Project in Nova Scotia, Canada and completion of phase one of the drill program. With 12,888 m in 89 holes having been drilled to the end of 2016 and all assay results received for the first phase of the program the second phase will commence in February 2017. The second phase drilling will focus on infilling the 400m gap between the completed step out drill holes and the previous drilling and extending the mineralization further west from 2775E. The objective of this diamond drilling program is to bring the resources at the Company's Cochrane Hill deposit to measured and indicated status and thereby adding to the existing life of mine plan at MRC.
Read more: Atlantic Gold Corporation ( AGB )

Alexandria Minerals Intersects Visible Gold-Bearing Veins with up to 30.52 g/t Gold over 2.65 meters at Orenada

TORONTO, ONTARIO--(Feb. 1, 2017) - Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D)(OTC PINK:ALXDF) ("AZX" or the "Company") is pleased to report the first results received from its current drill program at Orenada Zone 4 in Val d'Or, Quebec. These results include high grade assays of up to 42.50 g/t Au over 1.50m, part of a wider zone assaying 30.52 g/t Au over 2.65m.
 
Highlights
Hole OAX-17-084, intersected multiple veins with up to 42.50g/t Au over 1.50m, 16.30g/t Au over 1.20m, and 14.90 g/t Au over 1.15m
Visible gold was observed in four veins between 150.00m to 190.00m
Read more: Alexandria Minerals Corporation ( AZX )

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