LP20-162 intersected 14.0 meters averaging 14.94 g/t Au, 51.6 g/t Ag,0.3% Cu, 3.6% Zn and a second interval of 6.0 meters averaging 10.30 g/t Au, 5.0 g/t Ag, 0.3% Cu and 1.7% Zn;

The mineralization is localized at the upper and lower contact of a magnetic mafic dike which was targeted as a potential marker unit;

The high-grade mineralization is within 100 meters of surface;

The results suggest that the magnetic mafic dikes maybe highlighting the location of epithermal feeder systems.

 

TORONTO, Oct. 23, 2020  -- Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD; OTCQX:UGDIF; FSE:UGD1) is pleased to announce results from its ongoing exploration drilling at the Candelones Extension deposit, part of the Company’s 100% owned Neita Concession in the Dominican Republic.

 

Drilling continues to test potential epithermal feeder systems at Targets B and C of the Candelones Extension deposit. The Company has completed 12 drill holes (4742 m) of the planned 15,000 meter program (Ref: Figure 1). Drilling at Target C is focused on tracing an interpreted fault structure which has been intruded by late mafic dike(s). High-grade gold and silver mineralization is localized at or near the contact of the magnetic dike suggesting that this could represent a potential marker horizon to guide future drilling.

Mr. David D'Onofrio reports

 

WHITE GOLD CORP. EXPANDS GOLD MINERALIZATION ON MULTIPLE TARGETS IN TRENCHING PROGRAM INCLUDING 8.88 G/T GOLD OVER 2.5M AND IDENTIFIES NEW TARGET WITH PROBE SAMPLES UP TO 24.4 G/T GOLD ON JP ROSS PROPERTY, YUKON

 

White Gold Corp. has released positive trench, GT probe and soil sample results which identified additional and widespread structurally controlled gold mineralization at multiple targets on its road-accessible JP Ross (JPR) property. The primary goal of the trenching program was to test identified soil and GT probe geochemistry anomalies and obtain a better understanding of the structural controls on mineralization to aid in drill planning. The positive results from this program in conjunction with other exploration results warranted follow-up exploration, with a series of rotary air blast (RAB) holes recently drilled to further test these targets, and additional RAB and diamond drilling planned for 2021. These activities form an integral part of the Company's ongoing fully-funded $4 million exploration program backed by strategic partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC), which also includes diamond drilling at the Ryan's Surprise and Titan targets, RAB drilling at the Hen and JPR properties, and a significant regional program comprising soil and GT probe sampling and ground geophysical (magnetics and VLF-EM) surveys.

MONTREAL, QC / October 21, 2020 / Amex Exploration Inc. ("Amex or the Company") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to report substantial results from several holes targeting the Denise Zone, a broad gold bearing system approximately 50 m to 100 m to the south of the High Grade Zone (HGZ), of the Perron property in northwestern Quebec, Canada as shown in Figures 1 & 2. These results significantly increase the potential for higher grade mineralization within the broad Denise Zone. Highlights are detailed below, and a complete list of results is available in Table 1.

 

Hole PE-20-192 intersected 39.55 metres of 9.36 g/t Au including 21.90 metres of 16.55 g/t Au which includes 0.50 metres of 428.42 g/t Au, 0.50 metres of 135.87 g/t Au, and 0.50 metres of 131.85 g/t Au at a vertical depth of approximately 225 metres

Hole PE-20-191 intersected 35.60 metres of 1.07 g/t Au including 0.50 metres of 47.94 g/t Au at a vertical depth of approximately 125 metres

Gold mineralization at Denise, hosted by brecciated rhyolite of the Beaupre Block, consists of disseminated anomalous to low grade gold mineralization associated with intense sericite and silica alteration, as well as high grade gold mineralization associated with narrow quartz veins and veinlets as shown in Figures 3 and 4. Highlighted results from the Denise Zone are presented on cross sections in Figures 5, 6, & 7.

Val-d'or, Quebec--(October 21, 2020) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce the following results from the ongoing drilling campaign at the Barry project. The results include several intersections, including 34.5 g/t Au over 2.7 metres ("m") in hole MB-20-286, 5.4 g/t Au over 2.55 m in hole MB-20-285, 4.5 g/t Au over 1.7 m in hole MB-20-284, and 6.9 g/t Au over 0.8 m in hole MB-20-281.

 

The 2020 drilling campaign at Barry resumed on July 23, 2020 with two drills in operation, one on a barge on Lake Limpide and the other on dry land near the deposit. Since July 23, 2020, the Company has drilled 37 holes representing a total of 13,002 m of a planned 20,000 m. Results from 19 holes have been received. Results from the remaining 18 drilled holes are pending.

 

This press release presents results from 12 holes received since the press release dated September 22, 2020, which presented results from the first seven holes.

 

Pascal Hamelin, Interim CEO and VP, Operations commented: "These results are very promising as all drill holes were testing the western extension of the existing resource. The western extension at Barry has been identified by Bonterra as a prospective area to confirm existing inferred resources and add new resources, and the results to date are confirming this view."