Protected areas of New South Wales

Fortuna reports on Yaramoko’s updated reserves and resources evaluation work and its Brownfields exploration program

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Friday, January 27, 2023
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The Yaramoko Mine is subject to a 10% carried interest held by the government of Burkina Faso.

Key Points: 
  • The Yaramoko Mine is subject to a 10% carried interest held by the government of Burkina Faso.
  • Reasons for the changes are related to geological reinterpretation and upgrading based on the exploration and infill drilling.
  • The aforementioned changes in the Mineral Resources and Mineral Reserves are not material to the Company´s consolidated Mineral Resources and Mineral Reserves.
  • Paul Weedon, Senior Vice President of Exploration at Fortuna, is a member of the Australian Institute of Geoscientists (Membership #6001) and a Qualified Person as defined by NI 43-101.

First Mining Provides Springpole Exploration Update on District-Scale Birch-Uchi Greenstone Belt

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Tuesday, January 17, 2023
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First Mining has commenced a district-scale exploration program as part of a multi-year strategy to unlock the exploration potential on the +70,000-hectare property position located in the underexplored BUGB.

Key Points: 
  • First Mining has commenced a district-scale exploration program as part of a multi-year strategy to unlock the exploration potential on the +70,000-hectare property position located in the underexplored BUGB.
  • First Mining is currently advancing Springpole toward a Feasibility Study.
  • "We are very excited to be embarking on our first district-scale exploration program in the Birch-Uchi Greenstone Belt.
  • Full gold and ICP data are expected by the end of Q1 2023 and are pending QA/QC and program data integration.

Montage Gold Inc. Issues Stock Options

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Wednesday, November 30, 2022
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VANCOUVER, BC, Nov. 30, 2022 /PRNewswire/ - Montage Gold Inc. ("Montage"or the "Company") (TSXV: MAU) (OTCQX: MAUTF) announces that it has granted an aggregate 3,700,000 incentive stock options to certain officers, directors and other eligible persons of the Company.

Key Points: 
  • VANCOUVER, BC, Nov. 30, 2022 /PRNewswire/ - Montage Gold Inc. ("Montage"or the "Company") (TSXV: MAU) (OTCQX: MAUTF) announces that it has granted an aggregate 3,700,000 incentive stock options to certain officers, directors and other eligible persons of the Company.
  • The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.65 per share.
  • Montage is executing an exploration program in 2022/23 with the objective of discovering multiple high-grade satellite deposits to supplement the Probable Reserves at the Kon Gold Project.
  • Montage has a management team and Board with significant experience in discovering and developing gold deposits in Africa.

SITKA DRILLS 180.0 METRES OF 1.04 G/T GOLD WITHIN 305.2 METRES OF 0.78 G/T GOLD AT ITS RC GOLD PROJECT, YUKON

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Wednesday, November 30, 2022
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Samples were crushed by ALS to over 70 per cent passing below two millimetres and split using a riffle splitter.

Key Points: 
  • Samples were crushed by ALS to over 70 per cent passing below two millimetres and split using a riffle splitter.
  • Sitka Gold inherited a wealth of historical and current data from these properties from work spanning the last 40 years.
  • Sitka currently has an option to acquire a 100% interest in the RC Gold and OGI properties in the Yukon and the Burro Creek Gold property in Arizona.
  • Sitka is currently awaiting additional assay results from its recently completed Phase II summer diamond drill program at its RC Gold Project in the Yukon.

TAG OIL ANNOUNCES RESOURCES EVALUATION REPORT Abu Roash "F", Badr Oil Field, Western Desert, Egypt AND RESERVES EVALUATION REPORT Royalty Interest, New Zealand

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Tuesday, November 22, 2022
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FDP Capital investment discounted at 10% is US$104 million for the 2C Development Pending Contingent Resources in the ARF.

Key Points: 
  • FDP Capital investment discounted at 10% is US$104 million for the 2C Development Pending Contingent Resources in the ARF.
  • RPS best estimate for Contingent Resources volumes (2C Development Pending) is 27.0 million barrels gross with 16.5 million barrels net to the Company.
  • There is no certainty that it will be commercially viable to produce any portion of the resources.
  • Net present value discounted at 10% is CDN$1.47 million for Proved Reserves and CDN$4.96 million for Proven plus Probable Reserves.

Awalé Extends its Exploration Footprint in the Odienné District, Côte d'Ivoire

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Wednesday, September 7, 2022
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We have further capitalised on our first mover advantage in the district with these two new 100% Awal owned permit applications.

Key Points: 
  • We have further capitalised on our first mover advantage in the district with these two new 100% Awal owned permit applications.
  • Newmont is sole funding the exploration program at Odienn during the earn in period.
  • Awal Resources entered a exploration earn-in and joint venture agreement with the Newmont Corporation in May 2022.
  • (2019) show that a large igneous intrusive province has formed along this paleosuture zone, and this province extends through Odienn.

Sitka Drills 146.6 metres of 0.90 g/t Gold in Step Out Drilling at its RC Gold Project, Yukon

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Wednesday, September 7, 2022
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The RC Gold Project land package comprises five underlying properties, namely, the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties*.

Key Points: 
  • The RC Gold Project land package comprises five underlying properties, namely, the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties*.
  • This has been the main focus of the Company's drill programs at RC Gold in 2020, 2021 and 2022 which have returned several significant gold intercepts.
  • Sitka Gold inherited a wealth of historical and current data from these properties from work spanning the last 40 years.
  • Sitka is currently awaiting additional assay results from its recently completed Phase II summer diamond drill program at its RC Gold Project in the Yukon.

Sitka Adds Third Drill Rig to its RC Gold Project in Yukon

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Thursday, June 30, 2022
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The RC Gold Project land package comprises five underlying properties, namely, the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties*.

Key Points: 
  • The RC Gold Project land package comprises five underlying properties, namely, the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties*.
  • This has been the main focus of the Company's drill programs at RC Gold in 2020, 2021 and 2022 which have returned several significant gold intercepts.
  • Sitka owns a 100% interest in its Alpha Gold property in Nevada, its Mahtin Gold property in the Yukon and its Coppermine River project in Nunavut.
  • Sitka is currently conducting a planned 10,000 metre diamond drill program at its RC Gold Project in the Yukon.

Sitka Intercepts 349.0 Metres of 0.71 g/t Gold From Near Surface, Including 221.0 Metres of 1.01 g/t Gold, in Step Out Drilling at its RC Gold Project in Yukon

Retrieved on: 
Monday, June 13, 2022
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The RC Gold Project land package comprises five underlying properties, namely, the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties*.

Key Points: 
  • The RC Gold Project land package comprises five underlying properties, namely, the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties*.
  • including the discovery hole in the Blackjack zone in the last drill hole from the 2021 drill program, DDRCCC-21-021 ("Hole 21").
  • Sitka Gold inherited a wealth of historical and current data from these properties from work spanning the last 40 years.
  • Sitka is currently conducting a planned 10,000 m diamond drill program at its RC Gold Project in the Yukon.

ERMA Supports Greenland Resources in Development of the Malmbjerg Molybdenum Project in East Greenland

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Monday, June 13, 2022
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Greenland Resources Inc. (NEO:MOLY/FSE:M0LY) (Greenland Resources or the Company) is pleased to note the press release by the European Raw Materials Alliance (ERMA), reproduced and attached below.

Key Points: 
  • Greenland Resources Inc. (NEO:MOLY/FSE:M0LY) (Greenland Resources or the Company) is pleased to note the press release by the European Raw Materials Alliance (ERMA), reproduced and attached below.
  • Greenland Resources looks forward to working with ERMA as we move the Malmbjerg Molybdenum Project to commercial production.
  • Located in east Greenland, a low-risk, responsible EU associate country, the Malmbjerg project has the potential to supply 23% of Europes total molybdenum demand for 20 years.
  • Dr. Shiffman said: Malmbjerg has the potential to become the most environmentally friendly source of sustainable molybdenum in the world.