New Found Intercepts 64.94 g/t Au over 2.10m in Step-Out Drilling at the Golden Joint HW Zone and Extends the Golden Joint Main Vein to 235m Vertical Depth

VANCOUVER, BC, Sept. 30, 2021 New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE American: NFGC) is pleased to announce assay results from eight step-out diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint Zone, a recently made discovery located approximately 1km north of the Keats Zone and approximately 850m south of the Lotto Zone. These holes were drilled as part of the Company's ongoing 200,000m diamond drill program at its 100%-owned Queensway Project ("Queensway"), located on the Trans-Canada Highway 15km west of Gander, Newfoundland. 
 
Highlights
 
Highlight intervals are summarized below.  Additional results are provided in Table 2.
 
 
*Note that the host structures are interpreted to be steeply dipping and true widths are generally estimated to be 70% to 90% of reported intervals. Intervals are calculated at a 1 g/t Au cut-off grade; grades have not been capped in the averaging.
Published: 30 September 2021
Written by Editor
TSX Venture   Mining   Drill Results  
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Agnico Eagle and Kirkland Lake Gold Announce Merger of Equals To Create Highest-Quality Senior Gold Producer

Also News Release (C-AEM) Agnico Eagle Mines Ltd
 
(All amounts expressed in U.S. dollars unless otherwise noted)
 
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico Eagle” or the “Company”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA) (“Kirkland Lake Gold”) announced today that they have entered into an agreement (the “Merger Agreement”) to combine in a merger of equals (the “Merger”), with the combined company to continue under the name “Agnico Eagle Mines Limited”. The Merger will establish the new Agnico Eagle as the gold industry’s highest-quality senior producer, with the lowest unit costs, highest margins, most favourable risk profile and industry-leading best practices in key areas of environmental, social and governance (“ESG”). Upon closing of the Merger, the Company is expected to have $2.3 billion of available liquidity, a mineral reserve base of 48 million ounces of gold (969 million tonnes at 1.53 grams per tonne), which has doubled over the last 10 years, and an extensive pipeline of development and exploration projects to drive sustainable, low-risk growth.
 
The Merger will create a best-in-class gold mining company operating in one of the world’s leading gold regions, the Abitibi-Greenstone Belt of northeastern Ontario and northwestern Quebec (the “Abitibi”), with superior financial and operating metrics. Consolidation within the Abitibi will also provide the new Agnico Eagle with significant value creation opportunities through synergies and other business improvement initiatives. Additionally, the Company is established uniquely as the only gold producer in Nunavut and well positioned internationally with profitable and prospective assets in Australia, Finland, and Mexico.
Published: 28 September 2021
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NYSE   Mining   merger  
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Gatling Reports 388,000 Indicated Plus 933,000 Inferred Gold Ounces of In-Pit and Underground Resources at the Larder Gold Project, Ontario

VANCOUVER, BC /  September 23, 2021 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the "Company" or "Gatling") is pleased to announce a new global mineral resource estimate (MRE) in accordance with NI 43-101 Standards of Disclosure for Mineral Projects of 388,000 ounces of gold in the Indicated category and additionally, 933,000 ounces of gold in the Inferred category from its 100% - owned Larder Gold Project, located on the Cadillac-Larder Lake break, in the Abitibi greenstone belt, Ontario.
 
The global estimate includes open pit and underground mineral resource estimates in the Indicated and Inferred categories for the Fernland, Cheminis and Bear gold deposits (Tables 1 and 2). This mineral resource estimate incorporates the full drilling database available, including 237,000 m of historical drilling and 58,000 m of new drilling completed by Gatling between January 2019 and July 2021, on the three deposits. The NI 43-101 compliant Technical Report in support of the mineral resource estimate is currently being completed by SGS Geological Services Inc. (Canada) and will be filed on SEDAR under the Company's profile within 45 days.
 
Jason Billan, President and CEO for Gatling, commented, "With an initial mineral resource estimate of over 1.3 million ounces for the Larder Gold project, Gatling has achieved a major milestone which was accomplished following several months of diligent effort by Gatling's technical team and SGS Geological Services. Overall, we are very pleased with the current result, which includes nearly 30% of the resource ounces in the Indicated category, despite the exploration team being hyper focused on expansion and step-out drilling through the 2019-2021 exploration programs. More importantly, with a current mineral resource model in hand, we are well-equipped to identify and concentrate on the further growth potential at Fernland, Cheminis and Bear in the near-term, with a goal of advancing the property into the multi-million ounce category, which would rank it quite favorably amongst the group of gold development projects currently progressing in the world-renowned Abitibi greenstone gold belt.
Published: 23 September 2021
Written by Editor
TSX Venture   Mining   Project Update  
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Osisko Drilling Returns 632 g/t Au Over 5.3 Metres in Lynx

TORONTO, Sept. 23, 2021  -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
 
Significant new analytical results presented below include 87 intercepts in 21 drill holes (10 from surface, 11 from underground) and 20 wedges. The infill intercepts are located inside defined February 2021 mineral resource estimate (“MRE”) blocks (see Osisko news release dated February 17,2021). The expansion intercepts are located outside the February 2021 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe.
 
Osisko Chief Executive Officer John Burzynski commented: “Today’s results once again underscore the impressive high-grade nature of the Windfall system, especially in the Lynx. Infill drilling has gone very well throughout this drill campaign and expansion holes, like today’s impressive result from Caribou of over a kilogram of gold, highlight the strong near resource growth potential.”
Published: 23 September 2021
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Mining   Drill Results  
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Major Gold Discovery in New Brunswick: Puma Exploration Drills 5.55 g/t Au over 50.15 meters* on initial drilling at Williams Brook Gold Property

RIMOUSKI, Quebec, Sept. 15, 2021 -- Puma Exploration Inc., PUMA-TSXV, (the “Company” or “Puma”) is pleased to announce results from the six (6) initial drill holes completed at its flagship Williams Brook Gold Project located in New Brunswick, the emerging new gold district of Atlantic, Canada.
 
Discovery hole WB21-02 intersected 5.55 g/t Au over 50.15 meters from surface. The mineralized and altered zone drilled includes two main high-grade intercepts of 9.88 g/t Au over 8.60 meters and 46.94 g/t Au over 3.85 meters. All the six (6) first holes intersected significant high-grade gold quartz veins and quartz networks within the altered and mineralized rhyolite (see Table 1 for significant drill results).
Published: 15 September 2021
Written by Editor
TSX Venture   Drill Results  
Read more: Puma Exploration ( PUMA )
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  3. HighGold Mining Inc ( HIGH )
  4. Gatling Exploration ( GTR )
  5. Bonterra Resources Inc ( BTR )