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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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From: LoneClone6/9/2023 2:59:35 PM
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IAU, WM

Nevada gold miner i-80 Gold aka IAU released another set of drilling results one of the properties it is bringing into production, McCoy-Cove. The results are part of a 40km drill programme aimed at upgrading existing resources ahead of a revised Resource Estimate and a full feasibility study.

Cove is already one of the highest grading gold deposits under development in North America, with the existing resources grading above 10g/t Au plus a silver kicker, so it is no surprise they are getting assays like 12.8 g/t Au over 14.2m and 13.8 g/t Au over 7.6m across multiple holes. Meanwhile, they are also advancing a new decline and drift as well as carrying out environmental and metallurgical testing to prepare for the FBS.

Message 34313765

Quebec gold developer Wallbrifge Mining aka WM released an update on its second featured project, Matiniere, located to the west of its flagship Fenelon project. So far this year WM has completed over 10km of drilling at Martiniere as well as geophysics. This PR contains the results of five holes, with a over a dozen holes still pending. The big news out of this batch of holes is that they have extended mineralization over 250m to the east of the MRE with results like 5.15 g/t Au over 4.00m including 9.28 g/t Au over 1.55m, as well as 1.63 g/t Au over 19.35m including 6.96 g/t Au over 2.30m.

They will return to follow up these results with more drilling once the rest of the assays are in and the geophysics results are digested.

Message 34314946
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