Monday, September 18, 2017

Victoria Gold Corp - VIT.v

Victoria Gold Corp - VIT.v is advancing the flagship Eagle Gold Deposit on the Dublin Gulch Property in the Yukon.

The Eagle Gold Project has a resource of 4.8 million gold ounces indicated and 1.5 million gold ounces inferred. A PEA suggests +200,000 ounces of gold annually at an operation cost of approximately $600 per ounce.


On September 19, 2017 the company released NEWS

146M @ 0.67 G/T AU; INCLUDING 14M @ 4.87 G/T AU TRENCH RESULTS

Victoria Gold Corp. has released results from the first assays received from the 2017 Bluto target surface trench exploration program. TR17-16 was the first major trench constructed at the Bluto target this season and was concentrated on a trail built with heavy equipment to access a water source that would be utilized in the planned 2017 Bluto diamond drilling exploration program. During the course of constructing this access trail a large, six-metre-long low-lying scorodite-bering heavily fractured quartz vein was uncovered near the headwaters of Indicator Creek.









http://pennystockjournal.blogspot.com/2016/09/victoria-gold-corp-vitv.html

Friday, September 15, 2017

California Gold Mining Inc. - CGM.v

California Gold Mining Inc. - CGM.v is advancing the flagship Fremont gold project in Mariposa County, California. The co's claims span 3,351 acres of historically producing gold mines.


On August 25, 2017 the company released NEWS

California Gold Mining Inc. is pleased to provide an operational update for the Company’s flagship Fremont gold project (“Fremont”, or the “Property”) in Mariposa County, California.

The Company’s current NI 43-101 compliant mineral resource of 515,000 ounces grading 1.71 g/t gold in the Indicated category, and an additional 364,000 ounces grading 1.44 g/t gold in the Inferred category, encompasses the Pine Tree-Josephine zone only. The Pine Tree-Josephine Zone hosts two historical underground gold mines and covers a strike length of roughly one kilometre, out of a total strike of four kilometres over which the Mother Lode shear zone (the “Shear Zone”) is interpreted to extend on the Property.







https://pennystockjournal.blogspot.com/2017/09/california-gold-mining-inc-cgmv.html

Wednesday, September 13, 2017

Tsodilo Resources Limited - TSD.v

Tsodilo Resources Limited - TSD.v is a diamond, base and precious metal exploration company focused on northwest Botswana.


On August 28, 2017 the company released NEWS

Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSX- Venture Exchange: (TSD)) is pleased to announce that the Large Diameter Drill (LDD) drilling program has commenced on its wholly owned BK16 kimberlite project. The BK16 kimberlite project is located within the Orapa Kimberlite Field ("OKF") in Botswana.









http://pennystockjournal.blogspot.com/2017/05/tsodilo-resources-limited-tsdv.html

Tuesday, September 12, 2017

Metallis Resources Inc. - MTS.v

Metallis Resources Inc. - MTS.v is focused on the flagship Kirkham Property situated in the Golden Triangle in Northern British Columbia.

On September 12, 2017 the company released News

Vancouver, British Columbia: Metallis Resources Inc. (TSX-V: MTS) (“Metallis” or the “Company”) is pleased to provide the following drilling and exploration update regarding its 100%-owned Kirkham Property in the Golden Triangle’s Eskay Camp.

Highlights:
•The Company’s recently expanded exploration program has identified several gabbroic units in the previously unexplored northeastern section of Kirkham in areas now referred to as “Thunder North” and “Thunder South”;
•The gabbroic units are similar to the rocks which host nickel-copper sulphides at Garibaldi Resources’ E&L Nickel Mountain Project, contiguous to Thunder North and Thunder South;
•Upcoming drilling at Kirkham will include, but may not be limited to, the King high-grade gold target adjacent to the 6-km-long Hawilson porphyry;
•Three drill holes have successfully intersected a deeper potassic gold-copper porphyry system at the Cliff target in the southern part of Kirkham.
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https://pennystockjournal.blogspot.com/2017/09/metallis-resources-inc-mtsv.html