Bonterra Provides Corporate Update

VAL-D'OR, QC, May 1, 2019 - Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) ("Bonterra" or the "Company") is pleased to provide this update of its activities on the Company's advanced exploration projects located in the Urban-Barry Camp near Val-d'Or, Québec.
 
Activities highlights
 
Completed 15,947 metres of infill and exploration diamond drilling during the quarter ended February 28, 2019
Four drill rigs are currently active on the Gladiator, Barry and Moroy projects
Retained the services of SGS Geostat to complete a NI 43-101 resource estimate and technical report on three deposits
Nearing completion on an environmental impact assessment for the Urban-Barry mill expansion from 800 to 2,400 tonnes per day
Engaged two engineering firms, one commissioned to design the mill expansion, and one to increase the capacity of the tailings storage facility to 10 million tonnes
Read more: Bonterra Resources Inc ( BTR )

Dynacor Receives TSX Approval to Renew Normal Course Issuer Bid

MONTREAL, April 30, 2019  -- Dynacor Gold Mines Inc. (TSX: DNG / OTC: DNGDF) (Dynacor or the Corporation) is pleased to announce that the Toronto Stock Exchange (TSX) has approved the Corporation's request to establish a normal course issuer bid (NCIB), through which Dynacor may purchase, for cancellation, up to 3,273,485 common shares or approximately 10% of its public float as of April 17, 2019. The number of issued and outstanding common shares of Dynacor was 39,139,373 and the public float was 32,734,859 as of April 17, 2019.
 
Dynacor is in a financially strong position to continue to return a portion of its cash to its shareholders through the NCIB. Additionally, it is reviewing other value-added opportunities which could further contribute to enhancing shareholder value.
 
The Corporation may purchase shares under the NCIB over a period of twelve months commencing on May 2, 2019, and ending May 1, 2020, when the bid expires. NCIB purchases will be made through the facilities of the TSX and certain Alternative Trading Systems, and the price for any repurchased shares will be the prevailing market price at the time of the acquisition. 
Read more: Dynacor Gold Mines Inc ( DNG )

Osisko to Begin Drilling “Deep Discovery 1” at Windfall

TORONTO, April 30, 2019 - Osisko Mining Inc. (OSK:TSX "Osisko" or the "Corporation") is pleased to announce it will begin drilling what is planned to be Canada’s longest diamond drill hole, “Deep Discovery 1”, in May at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
 
Deep Discovery 1 is designed to test the intrusion associated geological model for the Windfall deposit, following on the success of the previous deep drill holes (please see Osisko’s Triple 8 discovery news releases dated July 11, 2018, August 7, 2018, and September 13, 2018). The drill hole will investigate the potential depth extensions of known mineralized zones (Underdog and Triple 8) on its path to the principal exploration target: the interpreted outer shell and centre of a possible porphyry intrusion at depths of approximately 3,000 metres to 3,500 metres from surface.
 
Major Drilling Group International Inc. of Moncton, New Brunswick will drill the hole using their EF-100 deep drill rig, which is currently preparing to mobilize to Windfall from Red Lake. Once collared, it is anticipated the drill hole will take approximately six months to complete.
Read more: Osisko Mining Inc ( OSK )

Asanko Gold Drills 57 Meters at 3.0 g/t Gold at Tontokrom

VANCOUVER, British Columbia, April 30, 2019 -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) is pleased to announce further drill results from the Phase 1 drilling program at the Tontokrom exploration target, part of the Asanko Gold Mine (“AGM”) concession in Ghana, West Africa. The AGM is a 50:50 joint venture (“JV”) with Gold Fields Ltd (JSE, NYSE: GFI) which is managed and operated by Asanko.  Please refer to the news release dated April 8, 2019 for the results from the first six holes of Phase 1, also included in the summary below.
 
Highlights - Tontokrom Target
Drilled 10 holes consisting of 3,140m total (1,080m reverse circulation and 2,060m diamond drill)
Hole TTPC19-008 intersected 74m at 1.9 grams per tonne gold from 185m
Hole TTPC19-009 intersected 57m at 3.0 grams per tonne gold from 99m
Hole TTPC19-010 intersected 44m at 1.7 grams per tonne gold from 191m
Mineralization open along strike to the southwest and plunging north
Extending Phase 1 program with additional six drill holes planned to step out a further 250m along strike to the southwest
Read more: Asanko Gold Inc ( AKG )

Auryn to Sample Historical Drill Core at Sombrero

VANCOUVER, BC / April 29, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, ''Auryn'' or the ''Company'') is pleased to announce that it has gained access to drill core from 8 historical drill holes totaling 988 meters of drilling from the Fierrazo target at its Sombrero Project in Southern Peru (Figure 1). The historical drilling was conducted in 2013 by a supplier of concession-holder Corporacion Aceros Arequipa S.A., an established Peruvian steel company, that was focusing on iron skarn mineralization. The drilling ranged in depths from 51 meters to 217 meters, and is in the area where Auryn recently sampled 232 meters of 0.55% of copper equivalent (0.47% copper and 0.13 g/t gold) on surface (see April 3, 2019 news release).
 
A Message from Michael Henrichsen, COO & Chief Geologist:
 
''We are looking forward to receiving the assay results of the historical drill core as it is from the well-mineralized area of Fierrazo where Auryn recently completed surface channel sampling. The results from this core will provide a critical first look at the third dimension of mineralization at the Sombrero project and will rapidly advance our technical teams understanding of the controls of copper - gold mineralization within the project.''
Read more: Auryn Resources Inc ( AUG )

Videos / Webinars

View all videos