See News Release (C-DV) Dolly Varden Silver Corp (2)

 

VANCOUVER, BC, Dec. 6, 2021  - Dolly Varden Silver Corporation  ("Dolly Varden") (TSXV: DV) (OTCQX: DOLLF) and Fury Gold Mines Ltd ("Fury") (TSX: FURY) (NYSE American: FURY) are pleased to announce that the companies have entered into a definitive agreement dated December 6, 2021 (the "Purchase Agreement") pursuant to which Dolly Varden will acquire from Fury, through the acquisition of Fury's wholly-owned subsidiary, a 100% interest in the Homestake Ridge gold-silver project  ("Homestake Project"), located adjacent to the Dolly Varden Project ("DV Project" and together with the Homestake Project, the "Kitsault Valley Project") in the Golden Triangle, British Columbia (the "Transaction").

 

The Homestake Project hosts a resource estimated to contain 165,993 ounces of gold and 1.8 million ounces of silver in the Indicated category and 816,719 ounces of gold and 17.8 million ounces of silver in the Inferred category (refer to further resource disclosure at the end of this release) within a 7,500 hectare land package located contiguous to and northwest of the DV Project. The close proximity of the deposits that make up the current mineral resource estimates, combined with common infrastructure in the region, is expected to generate substantial co-development synergies as these deposits are advanced in combination. The Transaction values the Homestake Project at CAD$50 million for which Dolly Varden will pay $5 million in cash and issue 76,504,590 Dolly Varden common shares to Fury, as further described below.

DC drilling returns 11.43 g/t Au, 25.3 g/t Ag and 1.46% Zn over 2.30 meters

 

Company Website: https://www.highgoldmining.com

 

HighGold Mining Inc. (TSX-V:HIGH, OTCQX:HGGOF) (“HighGold” or the “Company”) is pleased to announce drill results for six (6) additional holes from the Difficult Creek Prospect (“DC”), located four (4) km northeast of the Company’s 0.75 Moz indicated 10.9 g/t gold equivalent (“AuEq”) JT Deposit mineral resource. Difficult Creek is one of several regional prospects being explored by HighGold on the district-scale Johnson Tract project (“Johnson Tract”, “JT” or the “Project”) in Southcentral Alaska, USA.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211202005481/en/

 

The Company recently released drill results from the Company’s first hole, DC21-010, at Difficult Creek which included 578 g/t Au and 2,023 g/t Ag over 6.4m (See Company press release dated October 6th, 2021). Results reported today include five (5) holes completed at Middle DC and the first hole reported from the Upper DC target – note all holes completed at the DC Prospect in 2021 were part of an initial scout drill program and did not include any follow-up drilling.

VANCOUVER, British Columbia, Dec. 02, 2021  -- Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF | Frankfurt: 8N61) (“Triumph Gold” or “the Company”) is pleased to announce results from 896.72 metres of diamond drilling in 3 holes from the Blue Sky Zone (“BSZ”) within the Revenue Deposit at the Freegold Mountain Project (Figure 1), highlighted by 106.50 metres (“m”) of 0.76 grams per ton (“g/t”) gold equivalent1 (“AuEq”) in RVD21-05.

 

Highlights:

 

During the 2021 exploration program, three drill holes were completed at the Blue Sky Zone totaling 896.72 metres (Figure 2, Tables 1 and 2).

 

Drilling encountered multiple styles of mineralization including porphyry-style stockwork veins, disseminated sulphides, sulphide breccias, and epithermal veins

Drilling added near-surface mineralization of the Blue Sky Zone within the open pit resource (Figure 2)

106.50 metres of 0.76 g/t AuEq from 120.00 metres in RVD21-05

Containing 0.27 g/t gold (“Au”), 5.43 g/t silver (“Ag”), 0.22% copper (“Cu”), and 0.014% molybdenum (“Mo”)

26.82 metres of 0.67 g/t AuEq from 169.18 metres in RVD21-06

Containing 0.50 g/t Au, 1.54 g/t Ag, 0.07% Cu, and 0.004% Mo

15.65 metres of 0.49 g/t AuEq from 205.35 metres in RVD21-06

Containing 0.22 g/t Au, 2.01 g/t Ag, 0.09% Cu, and 0.017% Mo

71.00 metres of 0.51 g/t AuEq from 204 metres in RVD21-07 

Containing 0.19 g/t Au, 1.39 g/t Ag, 0.06% Cu, and 0.036% Mo 

RVD21-06 intersected porphyry-style mineralization with 27.00 metres of 0.44 g/t AuEq from 244.00 metres

Containing 0.17 g/t Au, 2.38 g/t Ag, 0.09% Cu, and 0.015% Mo

Cass Hole CM21-36 returned 3.21 g/t Au over 20.50 m and CM21-37 returned 5.08 g/t Au over 9.00 m

Albatross Discovery Hole A21-02 returned 1.37 g/t Au over 14.00 m

 

TORONTO, Dec. 1, 2021 / - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX: NHK) (OTCQX: MIMZF) is pleased to report assay results for twenty-nine (29) drillholes (totaling 5,269 metres) at the western extension of the Cass Zone ("Cass"), located approximately 15km southwest of the Colomac Centre. The Company is also very pleased to announce a new gold intersection at the greenfield Albatross Target ("Albatross"), and reports assay results for twelve (12) drillholes (totaling 4,059 metres).

 

Drilling at Cass (Figure 1 and 2) tested the western extension of the known historical mineralization. Two distinct lenses within the favourable host were identified, encountering higher grades and good widths locally. These new lenses added a combined 250 metres ("m") of mineralization and may be indicative of other potential lenses that may exist further west and to the north where additional drilling is warranted.

 

Drilling at Albatross consisted of widely spaced drillholes to test the possible continuation of the Cass trend over a strike length of 4.6km west of the Cass Zone, (Figure 1). Drilling at this greenfield target aimed to identify favourable rock types, alteration and mineralization along strike and below existing surface grab samples (which ranged up to 20.60 g/t Au), with one notable intersection demonstrating significant alteration and mineralization over good widths and confirmed the existence of a new mineralized zone.