Wismut (company)

i-80 Gold Releases High-Grade Results from Underground Drilling at Granite Creek

Retrieved on: 
Thursday, December 14, 2023

Prior to hole GCPU23-19, underground drilling was completed in the current areas being mined in the Ogee Zone and subsequent drilling is focused on the SPZ.

Key Points: 
  • Prior to hole GCPU23-19, underground drilling was completed in the current areas being mined in the Ogee Zone and subsequent drilling is focused on the SPZ.
  • The initial results include some of the best results received to-date in the South Pacific Zone.
  • Highlight results from new underground drilling in the South Pacific Zone at Granite Creek include:
    "Both surface and underground drilling in the South Pacific Zone confirm impressive high-grade gold mineralization, including over substantial widths.
  • The Granite Creek deposit remains open at depth and along strike.

Callinex Discovers Four Copper-Zinc-Gold-Silver Rich VMS Lenses in a Single Drill Hole at the Pine Bay Project, MB

Retrieved on: 
Tuesday, September 12, 2023

The discovery hole, DSC-111, intersected four separate volcanogenic massive sulphide lenses ("VMS") with significant base and precious metal values within a total core width of 67.7m.

Key Points: 
  • The discovery hole, DSC-111, intersected four separate volcanogenic massive sulphide lenses ("VMS") with significant base and precious metal values within a total core width of 67.7m.
  • The Descendent is situated 550m from the Pine Bay deposit, 1.4km from the Rainbow deposit and 2.9km from the Alchemist deposit, which are all located within a mineral lease.
  • Geologically, the Cabin Zone area has always been considered one of the most promising areas to host additional VMS deposits."
  • Several historic deposits at the Pine Bay Project, along with the Centennial Mine to the south, are poor geophysical conductors.

i-80 Gold Intersects High-Grade Gold in Granite Creek Underground Drill Program

Retrieved on: 
Tuesday, November 1, 2022

Including 28.2 g/t Au over 17.8 m, 39.0 g/t Au over 9.5 m & 20.1 g/t Au over 21.1 m

Key Points: 
  • Including 28.2 g/t Au over 17.8 m, 39.0 g/t Au over 9.5 m & 20.1 g/t Au over 21.1 m
    RENO, Nev., Nov. 1, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company")is pleased to announce additional high-grade results from the 2022 underground drill program at the Company's Granite Creek Property ("Granite Creek" or the "Property") located in Humboldt County, Nevada.
  • "Drilling in the Ogee Zone continues to intercept impressive high-grade mineralization over substantial widths", stated Tyler Hill, Senior Geologist of i-80.
  • The Granite Creek Property is strategically located proximal to Nevada Gold Mines' Turquoise Ridge and Twin Creeks mines at the north end of the Battle Mountain-Eureka Trend, at its intersection with the Getchell gold belt in Nevada (See Figure 2).
  • The Granite Creek deposit remains open at depth and along strike from the existing underground workings.

Granite Creek Underground Drilling Intersects High-Grade Gold Mineralization

Retrieved on: 
Wednesday, August 3, 2022

Reno, Nev., Aug. 3, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company")is pleased to announce continued positive results from the ongoing underground drill program at the Company's Granite Creek Mine Property ("Granite Creek" or "the Property") located in Humboldt County, Nevada.

Key Points: 
  • Reno, Nev., Aug. 3, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company")is pleased to announce continued positive results from the ongoing underground drill program at the Company's Granite Creek Mine Property ("Granite Creek" or "the Property") located in Humboldt County, Nevada.
  • The 2022 underground drill program at Granite Creek is focused on delineating mineralization for mining and upgrading and expanding resources.
  • Highlight new results from 2022 underground drilling:
    The underground zones at Granite Creek will be included in a resource update following the 2022 program that is expected to comprise approximately 30,000 meters of drilling from both surface, focused on the South Pacific Zone, and the underground Ogee, Otto and Adams Peak Zones.
  • The Granite Creek deposit remains open at depth and along strike from the existing underground workings.

i-80 Gold Intersects High-Grade Gold in Initial Drilling of the Ogee Zone at Granite Creek

Retrieved on: 
Thursday, May 5, 2022

Towards the end of 2021, underground drilling platforms were completed so that drilling could commence to test the expansion opportunity of the Ogee Zone that is expected to provide the bulk of mineralization to be mined in the next twelve months.

Key Points: 
  • Towards the end of 2021, underground drilling platforms were completed so that drilling could commence to test the expansion opportunity of the Ogee Zone that is expected to provide the bulk of mineralization to be mined in the next twelve months.
  • Initial drilling is primarily focused on defining mineralization immediately below existing mine workings (see Figure 1 and Table 1).
  • "We are just in the initial phase of developing the Ogee Zone for mining and these results confirm the highgrade nature of one of our primary underground targets at Granite Creek", stated Tyler Hill, Senior Geologist of i-80.
  • The Granite Creek deposit remains open at depth and along strike from the existing underground workings and step-out drilling aimed at expanding resources is currently underway.

ALX Resources Corp. Stakes Sabre Uranium Project, Athabasca Basin, Saskatchewan

Retrieved on: 
Thursday, September 16, 2021

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has acquired by staking the Sabre Uranium Project ("Sabre", or the "Project") in northern Saskatchewan.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 16, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has acquired by staking the Sabre Uranium Project ("Sabre", or the "Project") in northern Saskatchewan.
  • "Sabre provides several of the hallmarks of an exceptional exploration target for Athabasca Basin-related uranium deposits," said Warren Stanyer, CEO and Chairman of ALX.
  • ALX believes that historical geophysical conductors at Sabre were not well-resolved with the exploration technology available up to the mid-2000s.
  • Forward-looking statements in this news release include: the Sabre Uranium Project ("Sabre") is prospective for uranium mineralization; the Company's plans to undertake exploration activities at Sabre, and expend funds on Sabre.