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Asanko Gold Inc ( AKG )

Asanko Gold Announces Q3 2019 Production Results

(All dollar amounts are United States dollars unless otherwise stated)
 
VANCOUVER, British Columbia, Oct. 17, 2019  -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) is pleased to announce production results for the third quarter (“Q3”) 2019 from the Asanko Gold Mine (“AGM”), located 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.
 
AGM Q3 Highlights (100% basis):
 
Record proceeds of $91.0 million generated from gold sales of 63,009 ounces at an average realized price of $1,443 per ounce
Record gold production of 62,440 ounces, on track to meet 2019 production guidance of 225,000 - 245,000 ounces
Mined 1.11 million tonnes (“Mt”) of ore, including 0.62Mt of ore from the Esaase pit
Processed record 1.44Mt of ore with an average gold grade of 1.4 grams per tonne (“g/t”)
Continued strong safety performance with no lost time or recordable injuries during the quarter
Category: Silver / Gold
Published: 17 October 2019
Written by Editor
TSX   Mining   Financial Results  
Read more: Asanko Gold Inc ( AKG )

White Gold Corp. ( WGO )

White Gold Corp. Trenches 83.13 g/t Gold over 2.2m, 30.86 g/t Gold over 7m and 24.86 g/t Gold over 7m on Vertigo and Encounters High-Grade Trench Results on Multiple New Targets Further Demonstrating Regional Scale High Grade Mineralization Across the JP Ross Property

TORONTO, Oct. 17, 2019  -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce positive trench and surface sample results on the Vertigo target and other surrounding targets on its JP Ross (“JPR”) property, including the Sabotage, North Frenzy and Topaz targets. These results further validate at least four high-grade gold trends over a 15km by 15km area, including 10 gold targets on the JPR property located 25km north-east of the Company’s flagship Golden Saddle & Arc deposit. The 2019 trenching and surface sampling program was designed to follow up on and obtain a better understanding of the targets’ specific host rocks, styles of mineralization, structural controls and to ultimately define drill targets on these newly discovered gold in soil anomalies, with follow up RAB drilling to be conducted in the current and future seasons. 
Category: Silver / Gold
Published: 17 October 2019
Written by Editor
TSX Venture   Mining   Project Update  
Read more: White Gold Corp. ( WGO )

Bonterra Resources ( BTR )

Bonterra Intersects High Grade Gold in New Zone at Moroy

Val-d'Or, Quebec--(October 17, 2019) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (the "Company" or "Bonterra") is pleased to announce the discovery of a new zone of gold mineralization at the Moroy Project. Recently completed diamond drill hole intercepts in the new zone, referred to as the M4 Zone, are summarized in the table below. Highlights include:
 
18.09 grams per tonne Au over 3.6 metres in hole MY19-158
18.39 grams per tonne Au over 2.94 metres in hole MY19-161
11.09 grams per tonne Au over 11.41 metres in holes MY19-166
The Moroy deposit is located on the Company's 125 square kilometer Bachelor Lake Property, approximately 225 kilometres northeast of Val-d'Or and is located south of the Bachelor Mine. 
Category: Silver / Gold
Published: 17 October 2019
Written by Editor
TSX Venture   Mining   Drill Results  
Read more: Bonterra Resources ( BTR )

Osisko Metals Incorporated ( OM )

Osisko Metals Announces the Staking of Additional Mineral Claims at Pine Point

MONTREAL, Oct. 15, 2019  -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce that it has entered into a binding term sheet with Karst Investments LLC ("Karst") and its owners to acquire a 100% interest in Karst, which holds a 3% net smelter returns royalty on the mineral leases comprising the Pine Point Project (the "Karst Purchase"). Osisko Metals will acquire Karst in exchange for an aggregate consideration of US$8.5 million in cash and 2 million common shares of the Corporation.
 
Osisko Metals will, within 60 days, enter into a definitive purchase agreement with Karst and its owners providing for the Karst Purchase.
 
Following the closing of the Karst Purchase, the Pine Point Project will not be subject to any other royalties, back-in rights, payments, or other agreements or encumbrances other than the territorial royalty (calculated as a tax but called a royalty by the NWT government).
Category: Base Metals
Published: 16 October 2019
Written by Editor
Mining   Project Update  
Read more: Osisko Metals Incorporated ( OM )

Amex Exploration Inc ( AMX )

High Grade Gold Intersected in Three Gold Zones at Perron; Increases Gold Corridor to 3 Kilometers

• Up to 114.96 g/t Au over 0.50 m and 91.06 g/t Au over 0.70 m in Grey Cat Gold Zone
• Grey Cat Extended by 50 m Along Strike
• High Grade Gold Intersected in Eastern Extension of Gratien Gold Zone
• Lateral Step Out Holes Intersected Visible Gold up to 600m east of Eastern Gold Zone
 
MONTREAL, Oct. 15, 2019  -- Amex Exploration Inc. (“Amex or the Company”) (TSX-V: AMX, FRA: MX0, OTCQX: AMXEF) is very pleased to report the results of several drill holes on its Perron property in northwestern Quebec, Canada (see figure 1.) A complete list of results is provided in table 1. Amex provides all drill data on its website at http://www.amexexploration.com/perron/drill-data-room/
 
The drill results include intersections from the Grey Cat Gold Zone, (Grey Cat,) Eastern Gold Zone (EGZ,) and the Gratien Gold Zone (Gratien,) as well as on-strike exploration targets from EGZ and Grey Cat.
Category: Silver / Gold
Published: 16 October 2019
Written by Editor
TSX Venture   Mining   Drill Results  
Read more: Amex Exploration Inc ( AMX )
  1. First Mining Gold Corp ( FF )
  2. Auryn Resources Inc ( AUG )
  3. Lucara Diamond Corp ( LUC )
  4. Skeena Resources ( SKE )
  5. White Gold Corp ( WGO )

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