White Gold Corp ( WGO )

White Gold Corp. Drills 4.31 g/t Au over 11.6m from 31.0m depth, Extends High-Grade Mineralized Structures Within Large Mineralized Zone at Vertigo Discovery, JP Ross Property

TORONTO, Dec. 19, 2019 -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to announce diamond drill results on the Vertigo target, located 25km north west of the Company’s flagship Golden Saddle & Arc deposit, on the road accessible JP Ross property, in the prolific White Gold District, Yukon, Canada. The Vertigo is one of the Company’s recent high-grade, near surface, gold discoveries generated through its methodological data driven exploration strategy. Drilling to date has encountered significant high-grade gold structures within a broad mineralized zone which remains open in all directions. The Vertigo is comprised of a 1.5km mineralized trend forming part of a 250km2 mineralized system with numerous newly identified targets. White Gold Corp’s fully-funded $13 million 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.
Category: Silver / Gold
Published: 19 December 2019
Written by Editor
Mining   Drill Results   TSXV  
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HighGold Mining Inc ( HIGH )

HighGold Mining Drills 17.8 g/t Gold Equivalent over 75.1 meters and Discovers New Zone at Johnson Tract, Alaska, USA

75.1 meters at 10.0 g/t gold, 6 g/t silver, 0.6% copper, 9.4% zinc, 1.1% lead (40.6 meters estimated true width)
 
Vancouver, British Columbia--(December 19, 2019) - HighGold Mining Inc. (TSXV: HIGH) ("HighGold" or the "Company") is pleased to report assay results for the final two (2) drill holes from the nine (9) hole drill program completed at the Company's flagship Johnson Tract Gold (Cu-Zn) property ("Johnson" or the "Property") in Southcentral Alaska, USA. The two holes were designed to better define the lower portion of the Johnson Tract deposit ("JT Deposit").
 
JT Deposit Highlights
 
75.1m at 10.0 g/t Au, 6 g/t Ag, 0.6% Cu, 9.4% Zn, 1.1% Pb (17.8 g/t AuEq) in hole JT19-090 
 
Includes 20m at 29.0 g/t Au, 7 g/t Ag, 0.7% Cu, 3.5% Zn, 1.2% Pb (33.2 g/t AuEq)
Category: Silver / Gold
Published: 19 December 2019
Written by Editor
Mining   Drill Results   Up on News   TSXV  
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Lucara Diamond Corp ( LUC )

Lucara's December Diamond Tender Exceeds Expectations

VANCOUVER, Dec. 18, 2019  - (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm)
 
Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to report that its final diamond tender of 2019, held on December 12th, generated sales proceeds of US$52.9 million, 16% higher than expected, and achieved an average price of US$548 per carat.  Market pricing improvements were noted in all size classes.  The December tender puts Lucara's 2019 revenue at $192.5 million exceeding the 2019 revenue guidance of $170 - $180 million.
 
2019 SALES HIGHLIGHTS
 
Total proceeds of US$192.5 million (including Clara)
Average price of US$468 per carat
30 diamonds sold for > $1 million each
Category: Diamonds
Published: 18 December 2019
Written by Editor
TSX   Mining   Financial Results  
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Osisko Mining Inc ( OSK )

Osisko Intersects High Grade at Lynx

TORONTO, Dec. 18, 2019  -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new drilling results from the ongoing definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
 
The program is currently focused on the Lynx deposit, exploration on the main mineralized zones, and deep exploration in the central areas of the mineralized intrusive system. Twenty-two drills are active at Lynx and Triple Lynx, with another two drills conducting infill and exploration drilling on other areas of the deposit.
 
Osisko President and Chief Executive Officer John Burzynski commented: “Lynx and Triple Lynx continue to deliver strong results with infill drilling. We are seeing some wider intervals of high-grade material, which should have a very positive effect on the pending resource update.”
Category: Silver / Gold
Published: 18 December 2019
Written by Editor
TSX   Mining   Drill Results  
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Irving Resources Inc ( IRV )

Irving Resources’ First Drill Holes at Omui Mine Site Return High-Grade Gold and Silver (Au-Ag)

VANCOUVER, British Columbia, Dec. 17, 2019  -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce its first two diamond drill holes completed at Omui Mine site, part of its 100% controlled Omu Gold Project, Hokkaido, Japan, have encountered high-grade Au-Ag vein intercepts. In addition, a recently completed deep hole at Omui Mine site has encountered multiple epithermal veins within the boiling zone at vertical depths of over 300 m.
 
Omui Mine Site Drilling Highlights:
 
The first two diamond drill holes completed at Omui Mine site, 19OMI-001 (oriented northwest at an inclination of 45 degrees) and 19OMI-002 (oriented south at an inclination of 50 degrees), have encountered high-grade Au-Ag vein mineralization (Figures 1 and 2). Results are summarized below:
Category: Silver / Gold
Published: 17 December 2019
Written by Editor
Mining   Drill Results   Up on News  
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  1. Equinox Gold Corp ( EQX )
  2. Auryn Resources Inc ( AUG )
  3. Osisko Mining Inc ( OSK )
  4. Triumph Gold Corp ( TIG )
  5. HighGold Mining ( HIGH )

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