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"The more I learn, the more I realize how much I don‘t know." (A.E.) | Always Do Your Own Due Diligence.
Starke Nachrichten hat Explorer Auryn Resources (T.AUG) gestern vermeldet. Seniorproduzent Goldcorp (GG) steigt bei der ambitionierten Juniorfirma ein und investiert 35 Mio. CAD mittels einer strategischen Aktienplatzierung. Das frische Kapital wird für signifikante Explorationsprogramme auf 6 aussichtsreichen Goldprojekten verwendet..
Auryn Resources to receive investment from Goldcorp
2017-01-09 09:10 ET - News Release
Auryn Resources Inc. has entered into an investment agreement with Goldcorp Inc. for a strategic equity placement whereby Goldcorp will purchase directly and indirectly in two tranches 9,542,402 common shares of Auryn for $3.67 per share. After giving effect to the placement, Goldcorp will own 12.5 per cent of Auryn's outstanding common shares.
In addition, Auryn and Goldcorp have entered into an investor rights and obligations agreement whereby, as long as Goldcorp maintains a 5-per-cent or greater equity ownership interest in Auryn:
Goldcorp will have the right to participate in future Auryn equity issues in the amount necessary to maintain up to a 12.5-per-cent interest.
Goldcorp will have a right to match certain non-equity financings.
If Goldcorp chooses to sell more than 2 per cent of Auryn's shares, Auryn will have the right to designate buyers, and Goldcorp will vote its shares to elect the Auryn recommended director nominees.
An aggregate of 4,590,818 common shares will be issued to third party investors through a brokered private placement offering conducted by a syndicate of agents led by Beacon Securities Ltd. as flow-through shares at a price of $5.01 per flow-through share, the terms of which provide that Auryn will renounce the income tax benefits of the Canadian exploration expense related to the expenditure of the proceeds of those shares to those third party investors. Accordingly, gross proceeds to be received by Auryn will be $41,158,911.46, consisting of $18,172,313.28 in direct share subscriptions and $22,999,998.19 in flow-through dollars through third parties. Goldcorp's cost of the 9,542,402 common shares will be $35,020,615.34.
Shawn Wallace, president and chief executive officer, commented that: "We are very pleased to have secured an important investment with an industry leader such as Goldcorp on favourable terms that minimizes dilution to our shareholders. Auryn is now fully funded to complete one of the most extensive, globally significant exploration programs in 2017. The program will include a planned 55,000 metres of exploration drilling across six projects in Canada and Peru, and expect to make a number of advances that could potentially contribute to the realization of multiple major gold discoveries.."
Auf diesem spannenden Langfrist-Chart kann man sehr gut die extreme, zyklische Art der Rohstoffindustrie ablesen. Bemerkenswert ist auf jeden Fall, dass die Explorationsaufwendungen in Down Under im 1. Quartal 2016 auf den tiefsten Stand seit 10 Jahren gefallen waren..
Seit Jahresanfang haben die Unzen-Bewertungen (EV/Oz) bei den Goldminen im Zuge der starken Rally um mehr als 30 Dollar/Unze zugelegt - der größte Anstieg seit der Finanzkrise..
Gold-ExplorerTerraX Minerals (V.TXR) bleibt an der Explorationsfront erfolgreich. Diese Woche verkündete die solide finanzierte Junior-Firma neue Bohrresultate von den laufenden Arbeitsprogrammen auf dem Hauptprojekt Yellowknife City Gold im kanadischen Norden.
Auf dem Mispickel-Bohrziel (Northbelt) gelang TerraX zuletzt sogar das beste Bohrloch in der jungen Firmen-Geschichte fertigzustellen. Auf einer gesamten Bohrlänge von 8 Metern traf der erfolgreiche Explorer beeindruckende 60,6 gpt Gold (inkl. 212,48 gpt Au auf 2,25 Metern) in geringer Tiefe, was in jeder Hinsicht ein fantastisches high-grade Bohr-Ergebnis ist. Darüber hinaus konnte TerraXsichtbares Gold in den Bohrkernen feststellen. Dies untermauert die Qualität des besonderen Bohrlochs.
Insgesamt legte TerraX Minerals für 22 Bohrlöcher die Ergebnisse vor. Das entsprach einer gesamten Bohrlänge von ca. 3.500 Metern. Auf dem Mispickel-Bohrziel wurden 5 Bohrungen mit einer Länge von 980 Metern absolviert. Alle Bohrungen trafen auf Gold-Mineralisierungen, wodurch der Explorationserfolg und die sehenswerte Trefferrate bei TerraX anhält..
Vancouver, B.C. - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has received the final assay results from 22 holes totalling 3,485 meters drilled at multiple zone on the Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife in the Northwest Territories. Drilling reported here includes our primary target, Mispickel, as well as the Barney, AES, Pinto and VSB zones..
Das Junior-Unternehmen legte die Resultate für 19 Bohrungen mit einem Umfang von 784 Bohrmetern vor. Alle Bohrungen wurden dabei in geringer Tiefe bis maximal 41 Metern durchgeführt, wodurch TerraX ganz bewusst oberflächennahe Gold-Mineralisierungen fokussiert hat.
Hierbei war TerraX erneut erfolgreich, was die Resultate belegen. So wurden bspw. in der Hebert-Brent-Goldzone auf einer Strike-Länge von 125 Metern die folgenden, oberflächennahe Gold-Bohrergebnisse erzielt - siehe Highlights:
· 8.00 m @
3.21 g/t Au, including 3.00 m @ 7.09 g/t Au in hole TCG16-052
· 1.85 m @
15.08 g/t Au in hole TCG16-040
· 7.10 m @
3.61 g/t Au, including 1.04 m @ 12.75 g/t Au in hole TCG16-034
Die Lokalisierung dieser Bohrlöcher können Sie auf der folgenden Grafik einsehen:
Dabei ist es TerraX gelungen, in einer neuen Zone solide Gold-Mineralisierungen zu entdecken. In der Home Lage Zone, welche bis dato noch nicht mit Bohrungen getestet wurde, lieferte TerraX u.a. die folgenden Bohrergebnisse:
15.91 m @ 1.78 g/t Au, 14.9 g/t Ag, including 2.70 m @ 5.51 g/t Au, 53.6 g/t Ag in hole THL16-008
18.19 m @ 1.20 g/t Au, 9.5 g/t Ag, including 5.99 m @ 3.31 g/t Au, 20.9 g/t Ag; and 2.00 m @ 5.53 g/t Au, 10.3 g/t Ag in hole THL16-009
- See more at: http://www.terraxminerals.com/s/NewsReleases.asp?ReportID=747864#sthash.ASN2ZOzw.dpuf
15.91 m @ 1.78 g/t Au, 14.9 g/t Ag, including 2.70 m @ 5.51 g/t Au, 53.6 g/t Ag in hole THL16-008
18.19 m @ 1.20 g/t Au, 9.5 g/t Ag, including 5.99 m @ 3.31 g/t Au, 20.9 g/t Ag; and 2.00 m @ 5.53 g/t Au, 10.3 g/t Ag in hole THL16-009
- See more at: http://www.terraxminerals.com/s/NewsReleases.asp?ReportID=747864#sthash.ASN2ZOzw.dpuf
·15.91 m @
1.78 g/t Au, 14.9 g/t Ag, including 2.70 m @ 5.51 g/t Au, 53.6 g/t Ag
in hole THL16-008
·18.19 m @
1.20 g/t Au, 9.5 g/t Ag, including 5.99 m @ 3.31 g/t Au, 20.9 g/t Ag;
and 2.00 m @ 5.53 g/t Au, 10.3 g/t Ag in hole THL16-009
Werfen Sie hierzu auch einen Blick auf die zwei informativen Grafiken unten.
Alle 6 Bohrlöcher, die auf dem Bohrziel Homer Lage absolviert wurde, trafen auf Edelmetall-Mineralisierungen, was für sich sprechen sollte. Zwei Bohrungen trafen darüber hinaus auch auf Basismetalle.
Nach Abschluss der Bohr- und Explorationsarbeiten auf Homer Lake, hat TerraX die Bohrgeräte zu den Bohrzielen Barney und Hebert-Brent transportiert. In den nächsten Wochen erwartet der Gold-Explorer die Publikation von weiteren Bohrergebnissen.
Das Management gibt sich optimistisch, dass die anhaltenden Bohrerfolge weitere positive Einflüsse auf die zukünftige Ressourcen-Schätzung mit sich bringen. Auch der Projektpartner Osisko Gold Royalties ist mit den Fortschritten zufrieden..
Gold-Explorer TerraX Minerals (V.TXR) beginnt die Drilling-Saison 2016 mit einem wahren Paukenschlag. Die solide finanzierte, kanadische Gesellschaft erzielt auf dem Yellowknife City Gold-Projekt eine neue, sehenswerte high-grade Gold-Discovery..
TerraX Minerals (V.TXR) startet mit vollen Kassen und großen Ambitionen ins neue Jahr. Heute gab der erfolgreiche Gold-Explorer die Fertigstellung der Bohrarbeiten auf dem Mispickel Target (Walsh Lake) bekannt. Auf diesem Bohrziel hat TerraX 4 Bohrlöcher mit einem Gesamtumfang von 383 Metern in zwei Parallel-Sektionen fertiggestellt. Die Ergebnisse werden in den nächsten 6 Wochen erwartet..
Auf dem Sam Otto Bohrziel ist es TerraX gelungen, auf ein größeres Goldmineral-System zu stoßen. Dies belegen die jüngsten Bohrergebnisse, welche solide Goldgehalte auf ordentlichen Längen beinhalten. Sehen Sie hierzu die besten Treffer aus der aktuellen NR:
49.70 m @ 1.00 g/t Au, including 10.35 m @ 2.54 g/t Au in the Sam Otto West Zone of hole TWL16-011
30.70 m @ 1.33 g/t Au, including 15.00 m @ 2.02 g/t Au in the Sam Otto West Zone of hole TWL16-013
40.85 m @ 1.03 g/t Au, including 20.90 m @ 1.56 g/t Au in the Sam Otto West Zone of hole TWL16-012
TerraX hat durch die jüngsten Bohrerfolge auf zwei parallelen Zonen Gold gefunden. Besonders lukrativ ist die geringe Tiefe der Gold-Mineralisierungen, auf die der Explorer gestoßen ist. So kommt das Sam Otto Bohrziel in Zukunft gewiss für eine potentielle Open-Pit Goldminenoperation in Frage.
Insgesamt hat TerraX auf den Sam Otto Liegenschaften bis dato 1.510 Bohrmeter in 9 Bohrlöchern fertiggestellt. Dadurch konnte eine Streichlänge von 100m auf dem Bohrziel getestet werden. In der Spitze traf TerraX auf Gehalte von 8,39 gpt Gold (West-Zone), was für sich spricht.
TerraX Minerals geht davon aus, dass Sam Otto ein größeres Mineral-System beinhaltet, das ebenfalls auch zahlreiche high-grade Goldzonen zum Vorschein bringen kann. Im Hinblick auf die identifizierte Streichlänge von 1,5km bleibt das Explorationspotential gewaltig und der Explorer wird an der Drilling-Front gewiss aggressiv bleiben.
Sie können die Lokalisierung der Bohrlöcher auf dem Sam OttoBohrziel auf der Grafik unten einsehen. In den nächsten Wochen werden zahlreiche neue Bohrergebnisse erwartet..
TerraX Minerals erzielt neue high-grade Gold-Discovery auf dem Yellowknife City Gold-Projekt
Gold-Explorer TerraX Minerals (V.TXR) beginnt die Drilling-Saison 2016 mit einem wahrenPaukenschlag. Die solide finanzierte, kanadische Gesellschaft erzielt auf dem Yellowknife City Gold-Projekt eine neue, sehenswerte high-grade Gold-Discovery..
TerraX Minerals (V.TXR) startet mit vollen Kassen und großen Ambitionen ins neue Jahr. Heute gab der erfolgreiche Gold-Explorer die Fertigstellung der Bohrarbeiten auf dem Mispickel Target (Walsh Lake) bekannt. Auf diesem Bohrziel hat TerraX 4 Bohrlöcher mit einem Gesamtumfang von 383 Metern in zwei Parallel-Sektionen fertiggestellt. Die Ergebnisse werden in den nächsten 6 Wochen erwartet..
Gold-Explorer TerraX Minerals (V.TXR) beginnt die Drilling-Saison 2016 mit einem wahren Paukenschlag. Die solide finanzierte, kanadische Gesellschaft erzielt auf dem Yellowknife City Gold-Projekt eine neue, sehenswerte high-grade Gold-Discovery.
Auf dem Mispickel Bohrziel der Walsh Lake Liegenschaften traf TerraX Minerals zuletzt ins Schwarze. Sowohl die Gold-Gehalte, als auch die Dicke der getroffenen Gold-Mineralisierungen können sich sehen lassen. Zudem befinden sich die getroffenen Gold-Adern nicht weit unter der Erdoberfläche, was die jüngste Gold-Discovery noch attraktiver macht.
Werfen Sie einen Blick auf die aktuellen Drilling-Highlights und die Maps unten:
7.30 m @ 23.60 g/t Au, including 4.55 m @ 37. 29 g/t Au in the main zone of hole TWL16-002
8.60 m @ 12.87 g/t Au, including 5.45 m @ 18.24 g/t Au in the main zone of hole TWL16-001, and
11.32 m @ 2.14 g/t Au, including 2.10 m @ 5.92 g/t Au in a footwall zone of hole TWL16-001.
- See more at: http://www.terraxminerals.com/s/NewsReleases.asp?ReportID=740325#sthash.nOs4tdTc.dpuf
7.30 m @ 23.60 g/t Au, including 4.55
m @ 37. 29 g/t Au in the main zone of hole TWL16-002
8.60 m @ 12.87 g/t Au, including 5.45
m @ 18.24 g/t Au in the main zone of hole TWL16-001
11.32 m @ 2.14 g/t Au, including 2.10
m @ 5.92 g/t Au in a footwall zone of hole TWL16-001
Vancouver, B.C. - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has received assay results from the initial two holes of a four hole drill program testing quartz vein and replacement style mineralization at the Mispickel target on its Walsh Lake property of the Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife in the Northwest Territories. The two holes reported today were both drilled on the same section and intersected..
TerraX Minerals (V.TXR) startet mit vollen Kassen und großen Ambitionen ins neue Jahr. Heute gab der erfolgreiche Gold-Explorer die Fertigstellung der Bohrarbeiten auf dem Mispickel Target (Walsh Lake) bekannt. Auf diesem Bohrziel hat TerraX 4 Bohrlöcher mit einem Gesamtumfang von 383 Metern in zwei Parallel-Sektionen fertiggestellt. Die Ergebnisse werden in den nächsten 6 Wochen erwartet..
Yellowknife, February 17, 2016 - TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC: TRXXF) has mobilized a second drill to its Sam Otto Target on the Walsh Lake property, Yellowknife City Gold project ("YCG"). The second drill will ensure completion of the planned winter drill program prior to spring break-up and was made possible by the ease of access by truck to the drill sites from our drill contractor's operations and maintenance facility (Foraco Canada Ltd.) in Yellowknife, just 25 km to the south by ice road and highway..
Der erfolgreichste Explorer im renommierten Athabasca Basin schreitet an der Drilling-Front weiter erfolgreich voran. Fission Uranium's (T.FCU) jüngste high-grade Bohrergebnisse auf PLSkönnen sich einmal mehr sehen lassen..
Fission Expands R600W, R780E and R1620E Zones With High-Grade Hits
Winter Program Successfully Expands High-Grade Mineralization East and West of Triple R Deposit
KELOWNA, BRITISH COLUMBIA--(Marketwired - Feb. 16, 2016) -FISSION URANIUM CORP. (TSX:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU)("Fission" or "the Company") is pleased to announce results from eleven holes at its' PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region: seven holes drilled on the R600W zone, three drilled on the R780E zone and one on the R1620E. Of key importance,Hole PLS16-460, drilled on the R1620E zone (line 1500E) 300m east of the Triple R deposit, has intersected 8.04m of total composite mineralization of >10,000 cps radioactivity in a continuous 50.0m wide mineralized zone that starts at the shallow depth of 65.5m depth. Not only is this by far the strongest mineralization drilled to date on the R1620E zone but additionally it is the strongest mineralization east of line 1125E (R780E zone) 375m further to the west. Hole PLS16-460 significantly upgrades the R1620E Zone.
All eleven holes were mineralized, with eight returning high-grade intervals. The high-grade R600W zone, the high-grade R1620E zone and the newly discovered High-Grade R840W zone have yet to be added to the Triple R deposit resource estimate.
Ross McElroy, President, COO, and Chief Geologist for Fission, commented,
"With the recent discovery of high-grade mineralization in PLS16-445 on the R840W zone (see NR February 01, 2016) and now the discovery of high-grade mineralization 2.34km to the east on the R1620E zone (PLS16-460) drilling this winter at PLS has shown the upside blue-sky potential that exists. The shallow depth of mineralization in PLS16-460, starting at just 65.5m below surface, is a hallmark of the 2.47km long mineralized trend at PLS and is a continued reminder of just how much PLS and the Triple R differs from other discoveries and deposits in the Athabasca Basin. Neither the R600W, the R840W zone nor the R1620E zone have been added to the Triple R deposit resource estimate so the team is very excited to see this high-grade growth."
TerraX Minerals (V.TXR) startet mit vollen Kassen und großen Ambitionen ins neue Jahr.
Heute gab der erfolgreiche Gold-Explorer die Fertigstellung der Bohrarbeiten auf dem Mispickel Target (Walsh Lake) bekannt. Auf diesem Bohrziel hat TerraX 4 Bohrlöcher mit einem Gesamtumfang von 383 Metern in zwei Parallel-Sektionen fertiggestellt. Die Ergebnisse werden in den nächsten 6 Wochen erwartet.
Gleichzeitig hat TerraX den Start eines neuen Bohrprogramms mit der heutigen NR bekanntgegeben. Das aktive Bohrgerät wurde zum Sam Otto Bohrziel transportiert und ist nun dort im Einsatz. Die Sam Otto Zone liegt rund 1,5km südwestlich von Mispickel auf der Walsh LakeLiegenschaftentfernt. Auf diesem Projektbereich haben Barrick Gold, Rubicon, Kelmet, Nebex und Inment in der Vergangenheit bereits Explorationsarbeiten vorgenommen.
Das umfangreiche Winter-Bohrprogramm wird jetzt vorbereitet. TerraX Minerals plant mehrere, aussichtsreiche Gold-Bohrziele mit 6.500 Bohrmetern zu testen. Unter anderem werden die Bohrziele Barney Shear und die Hebert-Brent Zone getestet. So steht der Gold-Explorer wahrlich vor aktiven und spannenden Wochen..
Quelle: terraxminerals.com
TerraX completes drilling at Mispickel and begins drilling at Sam Otto target, Yellowknife City Gold Project Yellowknife, February 9, 2016 - TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC: TRXXF) has completed its planned drill program on the Mispickel Target on the Walsh Lake property, Yellowknife City Gold project ("YCG"). Drilling totaled 383 meters in 4 holes on two parallel sections approximately 50 meters apart. The two holes on each section were designed to hit mineralization approximately 20-25 and 40-50 meters below surface trenches sampled by TerraX in 2013, which returned chip sampling assays across strike on the sulphide-quartz vein zone of 6.0 m @ 7.29 g/t Au (News release of October 30, 2013). All four holes drilled on the Mispickel Target intersected sulphide mineralized veins and replacement style sulphide mineralization of the host felsic volcanics and sediments. Logging and sampling of the drill holes is ongoing with the first shipment of samples sent to ALS laboratory in Yellowknife.
Wie erwartet vergrößert der erfolgreiche Explorer Fission Uranium (T.FCU) sein Bohrprogramm für die jüngste Uran-Discovery im renommierten Athabasca Basin:
Fission's New R840W Zone to Receive Expanded Drill Program
1200m of additional drilling to follow up high-grade area west of R600W
KELOWNA, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2016) -FISSION URANIUM CORP. ("Fission" or "the Company") (TSX:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU) is pleased to announce it will increase the size and budget of the winter drill program to account for additional drilling around the newly discovered R840W zone at its' PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. An additional $740,000 budgeted for 1,200m in four holes is planned to test the R840W.
Four additional close-spaced angled drill holes are planned to test for lateral and vertical continuation of the broad mineralized zone encountered in exploration hole PLS16-445 drilled on line 840W, located 135m west of the R600W zone. That drill hole intersected a 42.0m wide mineralized zone, including a continuous 2.0m interval measuring >10,000 cps radioactivity (see NR dated Feb 1, 2016).
1 hole will test 15m along strike to the west on line 855W
1 hole will test 15m along strike to the east on line 825W
1 hole will test 20m up-dip on line 840W
1 hole will test 20m down-dip on line 840W
Ross McElroy, President, COO, and Chief Geologist for Fission, commented,
"The R840W zone was discovered using similar methods to those that led to the R600W zone: applying the team's greater knowledge of PLS geology to areas that were drill tested early during the PLS project. It is strong reminder of the continued prospectivity of PLS that, with the first hole of the latest program, we have already identified this new high-grade area and are in a position to test it further."
Pre-discovery drilling on the Patterson Lake Corridor intersected numerous areas of interest and ultimately led to the R600W and now the R840W zones. More areas of interest identified during early exploration drilling remain to be followed up..
Jochen Staiger von der SRC hat auf der VRIC 2016 ebenfalls ein informatives Interview mit Vincent Metcalfe von Gold-Explorer Falco Resources(V.FPC) aufgenommen:
Der erfolgreiche Gold-Explorer TerraX Minerals (TSX-V:TXR) startet nach Maß ins neue Jahr.
TerraX verkündet diese Woche weitere Ergebnisse des umfassenden, regionalen Oberflächen-Explorationsprogramms auf dem Flaggschiffprojekt Yellowknife.
Der Gold-Explorer hat mindestens 3 neue, aussichtsreiche Bohrziele auf den riesigen Liegenschaften erfolgreich entdeckt und konnte bereits sehr ansprechende high-grade Gold-Proben entnehmen.
Das spricht für sich und stellt ein weiteres, spannendes Explorationsjahr bereits in Aussicht..
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX-V:TXR; Frankfurt:TX0; OTC Pink:TRXXF) has received and interpreted final results from the summer surface exploration program on its Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife in the Northwest Territories. Highlights from this program, which focused on the Core Gold Area, include:
Visible gold in a newly discovered vein approximately 200 m southeast of the Pinto structure (Pinto South). Assays from grab sampling include 108.00 g/t Au, 65.7 g/t Au and 35.2 g/t Au.
Numerous quartz veins in the JED area west of the Barney Shear returned assays of 133.5 g/t Au, 30.4 g/t Au and 20.6 g/t Au.
Mineralization in the felsic portion of the Ryan Lake pluton returned polymetallic assays of up to 12.35 g/t Au, 45 g/t Ag, 3.23% Pb, 1.31% Zn, and 0.53% Mo in separate samples. Assays up to 6.32% Mo had been obtained in this area previously (News Release August 19, 2014).
sampling at the Shear 17/18 intersection that revealed polymetallic veining similar to the Ryan Lake East area reported above. Assay values include up to 4.94 g/t Au, 51.9 g/t Ag, 1.24% Cu and >1.0% Mo (over detection limit assays pending) in separate samples. This sampling expands to the north and east the area of polymetallic mineralization associated with the Ryan Lake pluton.
Three new areas were identified as having alteration, structure and stratigraphy that are similar to the Hebert-Brent area (11.0 m @ 7.55 g/t Au in channel samples and 10.26m @ 3.69 g/t Au in drill hole TNB15-024) (news release November 18th, 2015). With the success of the Hebert-Brent discovery, these areas are priority targets for continued exploration. These three new areas are:
Hebert-Brent Southern Fault Offset - Structural interpretation indicates that the southern extension of the favourable Hebert-Brent stratigraphy (altered mafic volcanics, felsic dykes, gabbros and sediments) is offset approximately 500 meters northeast along the Daigle Lake Fault, a prominent feature extending through the Barney Deformation Corridor. The Southern Offset contains all the favourable rock types, and is transected by mineralized structures that include gold assays up to 19.7 g/t Au in grab sampling. Importantly these samples contain anomalous levels of antimony (up to 188 ppm) and arsenic, which are characteristic of the Hebert-Brent replacement style gold mineralization.
Sericite Zone - Located approximately 1 km northeast of Hebert-Brent the Sericite Zone was first identified as a large (300 m by >500 m zone of intense sericite alteration, similar to alteration identified at Hebert-Brent. The Sericite Zone is a much larger area of alteration (5 times greater in area than Hebert-Brent) and also contains the favourable Hebert-Brent stratigraphy. Sampling in this area has returned spatially extensive low grade gold (up to 1.24 g/t Au), with anomalous silver up to 54 g/t Ag. Sampling in this area has also returned highly anomalous antimony (up to 708 ppm Sb). Favourable geology, alteration, and geochemistry make the Sericite Zone a top priority target for exploration.
Townsite Formation - The Townsite Formation is a package of felsic, intermediate, and mafic volcanics; felsic intrusive; and sediments that has been identified proximal to both the Con and Giant deposits and appears similar to the Hebert-Brent geology. It has its largest areal extent in the Yellowknife camp on the Northbelt property of TerraX's YCG. Here the north-northeast orientation of the main mineralizing system in the Yellowknife Gold Belt intersects the northeast trending Townsite Formation as it abuts the Jackson Lake Formation to the east. The Jackson Lake Formation is equivalent to the Temiskaming Formation in the Abitibi gold belts and, like the Temiskaming, defines the 'Major Break" in the Yellowknife Gold Belt. The Townsite Formation has extensive sericitic and carbonate alteration with associated gold mineralization. Grab sampling in 2015 returned large areas of anomalous gold up to 6.57 g/t Au, base metals (up to 1.00% Cu) and silver (up to 25 g/t Ag). Importantly the sampling in the Townsite has returned highly anomalous antimony (up to 1905 ppm Sb). Surprisingly, this area has received very little exploration attention over the years; TerraX intends to carry out detailed mapping and sampling of the Townsite Formation in the 2016 field season.
Die Highlights in den jüngsten Ergebnissen sind in den Bohrungen von TCR15-052 und TCR15-068 zu finden, die auf dem Bohrziel Crestaurum Shear durchgeführt wurden. Hier wurden besonders sehenswerte, hochgradige Gold-Mineralisierungen in geringer Tiefe (052) und mit einer soliden Dicke (068) getroffen. Die letzten Bohrerfolge bestätigen einmal mehr das signifikante Explorationspotential auf TerraX' Flaggschiffprojekt im den Northwest Territoriesund werden sich gewiss positiv auf die erste Ressourcen-Schätzung auswirken, die in H1 2016 erwartet wird.
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF)
has received assay results from the final 22 holes (2,764 meters) of a
41 hole summer drill program completed at the Crestaurum Shear on its
Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife
in the Northwest Territories. Drilling was designed to prepare the
South Shoot of the Crestaurum Zone for future resource estimation, and
consisted of definition and extension drilling on the mineralized shoot.
Highlights of this drilling include:
4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068
10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au, and 4.37 m @ 3.46 g/t Au in TCR15-052
9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064, and
1.50 m @ 11.37 g/t Au in TCR15-072
Eighteen
holes were drilled on the South Shoot to test the perimeters of higher
grade shoots, and down dip extensions. The previously reported drilling
by TerraX in the winter of 2015 on the higher grade portions of the
South Shoot included 7.00 m @ 10.23 g/t Au, including 2.97 m @ 23.69 g/t
Au in hole TCR15-003; 8.00 m @ 6.83 g/t Au, including 2.04 m @ 23.89
g//t Au in hole TCR15-005; and 15.50 m @ 2.89 g/t Au, including 2.94 m @
13.28 g/t Au in TCR15-006. The best intersections in the drilling
reported today include 4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068; 10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au in TCR15-052; and 9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064.
- See more at: http://www.terraxminerals.com/s/NewsReleases.asp?ReportID=732810#sthash.MTfnLIGB.dpuf
In Kürze dürfte die Firma u.a. noch Ergebnisse vom umfangreichen "Surface Programm" vorlegen, das auf Yellowknife im Laufe des Jahres kontinuierlich durchgeführt wurde. Im Fokus stand die Definition und Abgrenzung von neuen, attraktiven Bohrzielen für das Bohrprogramm in 2016.
TerraX' erfahrener CFO und Director Stuart Rogers bestätigte mir in einem informativen Telefonat gestern, dass das gesamte Management-Team und der Großaktionär Osisko Royalties mit den Fortschritten in 2015 sehr zufrieden sind. In den nächsten Wochen wird noch eine informative Zusammenfassung aller relevanten Entwicklungen von der Firma publiziert.
Dec 08, 2015 - Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has received assay results from the final 22 holes (2,764 meters) of a 41 hole summer drill program completed at the Crestaurum Shear on its Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife in the Northwest Territories. Drilling was designed to prepare the South Shoot of the Crestaurum Zone for future resource estimation, and consisted of definition and extension drilling on the mineralized shoot. Highlights of this drilling include:
4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068
10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au, and 4.37 m @ 3.46 g/t Au in TCR15-052
9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064, and
1.50 m @ 11.37 g/t Au in TCR15-072
Eighteen holes were drilled on the South Shoot to test the perimeters of higher grade shoots, and down dip extensions. The previously reported drilling by TerraX in the winter of 2015 on the higher grade portions of the South Shoot included 7.00 m @ 10.23 g/t Au, including 2.97 m @ 23.69 g/t Au in hole TCR15-003; 8.00 m @ 6.83 g/t Au, including 2.04 m @ 23.89 g//t Au in hole TCR15-005; and 15.50 m @ 2.89 g/t Au, including 2.94 m @ 13.28 g/t Au in TCR15-006. The best intersections in the drilling reported today include 4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068; 10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au in TCR15-052; and 9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064.
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF)
has received assay results from the final 22 holes (2,764 meters) of a
41 hole summer drill program completed at the Crestaurum Shear on its
Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife
in the Northwest Territories. Drilling was designed to prepare the
South Shoot of the Crestaurum Zone for future resource estimation, and
consisted of definition and extension drilling on the mineralized shoot.
Highlights of this drilling include:
4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068
10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au, and 4.37 m @ 3.46 g/t Au in TCR15-052
9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064, and
1.50 m @ 11.37 g/t Au in TCR15-072
Eighteen
holes were drilled on the South Shoot to test the perimeters of higher
grade shoots, and down dip extensions. The previously reported drilling
by TerraX in the winter of 2015 on the higher grade portions of the
South Shoot included 7.00 m @ 10.23 g/t Au, including 2.97 m @ 23.69 g/t
Au in hole TCR15-003; 8.00 m @ 6.83 g/t Au, including 2.04 m @ 23.89
g//t Au in hole TCR15-005; and 15.50 m @ 2.89 g/t Au, including 2.94 m @
13.28 g/t Au in TCR15-006. The best intersections in the drilling
reported today include 4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068; 10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au in TCR15-052; and 9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064.
- See more at: http://www.terraxminerals.com/s/NewsReleases.asp?ReportID=732810#sthash.MTfnLIGB.dpuf
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF)
has received assay results from the final 22 holes (2,764 meters) of a
41 hole summer drill program completed at the Crestaurum Shear on its
Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife
in the Northwest Territories. Drilling was designed to prepare the
South Shoot of the Crestaurum Zone for future resource estimation, and
consisted of definition and extension drilling on the mineralized shoot.
Highlights of this drilling include:
4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068
10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au, and 4.37 m @ 3.46 g/t Au in TCR15-052
9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064, and
1.50 m @ 11.37 g/t Au in TCR15-072
Eighteen
holes were drilled on the South Shoot to test the perimeters of higher
grade shoots, and down dip extensions. The previously reported drilling
by TerraX in the winter of 2015 on the higher grade portions of the
South Shoot included 7.00 m @ 10.23 g/t Au, including 2.97 m @ 23.69 g/t
Au in hole TCR15-003; 8.00 m @ 6.83 g/t Au, including 2.04 m @ 23.89
g//t Au in hole TCR15-005; and 15.50 m @ 2.89 g/t Au, including 2.94 m @
13.28 g/t Au in TCR15-006. The best intersections in the drilling
reported today include 4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068; 10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au in TCR15-052; and 9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064.
- See more at: http://www.terraxminerals.com/s/NewsReleases.asp?ReportID=732810#sthash.MTfnLIGB.dpuf
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF)
has received assay results from the final 22 holes (2,764 meters) of a
41 hole summer drill program completed at the Crestaurum Shear on its
Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife
in the Northwest Territories. Drilling was designed to prepare the
South Shoot of the Crestaurum Zone for future resource estimation, and
consisted of definition and extension drilling on the mineralized shoot.
Highlights of this drilling include:
4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068
10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au, and 4.37 m @ 3.46 g/t Au in TCR15-052
9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064, and
1.50 m @ 11.37 g/t Au in TCR15-072
Eighteen
holes were drilled on the South Shoot to test the perimeters of higher
grade shoots, and down dip extensions. The previously reported drilling
by TerraX in the winter of 2015 on the higher grade portions of the
South Shoot included 7.00 m @ 10.23 g/t Au, including 2.97 m @ 23.69 g/t
Au in hole TCR15-003; 8.00 m @ 6.83 g/t Au, including 2.04 m @ 23.89
g//t Au in hole TCR15-005; and 15.50 m @ 2.89 g/t Au, including 2.94 m @
13.28 g/t Au in TCR15-006. The best intersections in the drilling
reported today include 4.21 m @ 12.29 g/t Au, including 2.50 m @ 19.43 g/t Au in TCR15-068; 10.80 m @ 3.49 g/t Au, including 2.38 m @ 8.13 g/t Au in TCR15-052; and 9.20 m @ 3.37 g/t Au, including 2.20 m @ 12.27 g/t Au in TCR15-064.
- See more at: http://www.terraxminerals.com/s/NewsReleases.asp?ReportID=732810#sthash.MTfnLIGB.dpuf
Geniale Firmen-News und Fortschritte beim kanadischen Gold-Explorer TerraX Minerals (TSX-V:TXR), der auf einem sehr guten Weg ist, einem ruhmreichen Gold-District neues Leben einzuhauchen..