Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (77957)	2/2/2023 4:02:43 PM
From: LoneClone	1 Recommendation Recommended By onepath Respond to of 78404

GOT, ANZ, TIO Goliath Resources aka GOT has given back all the gains from this winter's PRs concerning drilling on the Surebet zone on their Golddigger Au/Ag prospect in BC's Golden Triangle. Today's PR indicates that the Surebet zone is almost certainly just the first chapter of a much longer story. The company's geologists have been able to establish that the Surebet mineralization, which occurs in a 1.6 sq km area that is open in multiple directions, originates in, as is normal for the large deposits found throughout BC, in a deep lying porphyry source. This porphyry is 5-7 km deep so not mineable itslef, but this strongly increases the possibility of other deposits in the area emanating from the same source. With this in mind, GOT recently more than doubled their land holdings in the area to 54771 ha, covering more than 56 km of the 'Red Line', a contact between geological unit which has been found to be the source of multiple very large deposits. GOT also announced that this year's campaign will encompass about 20km of drilling both to further extend Surebet and follow up on the results of previous exploration, which include some very promising high grade gold sample I am looking forward to hearing more about. Surebet is very promising; if that deep porphyry source also produced other large deposits on their properties it will be a game changer. Message 34177010 Alianza Mining aka ANZ announced this year's drilling plans for their Haldane property in the Keno district in Yukon Territory. It will start as soon as conditions allow, which given the winter we've been having in Western Canada, might be a while. The property contains more than 12 km of known silver-bearing structures, but so far only 400m has been drilled up, extending the known high grade West Fault zone. This year's exploration will attempt to extend West Fault plus follow up on the new discovery Bighorn, in which so far only one hole has been drilled, plus follow up on other targets. They will begin with geophysics following by trenching and then drilling. Message 34177044 Teuton Resources aka TUO released an update on its Treaty Creek JV in BC's Golden Triangle. (TUO owns 20% plus an 0.98% NSR while AMK has a 20% and TUD owns the rest plus operates the project.) First we hear that this year's exploration will continue to focus on Goldstorm, particularly the Au/Ag/Cu domain, but will also explore other targets. Next we hear that the latest Resource Report update will be released this quarter, and that high grades are expected than the previous version. Then we hear some exciting new about infrastructure and access to Treaty Creek. As part of a tailings project, Seabridge has been constructing a new road which will pass within 14 km of the existing roads within Treaty Creek. Once that 14 km road, for which permits have already been received, has been completed, there will be year round all weather road access to Treaty Creek, greatly simplifying logistics and decreasing costs. As well, it seems Seabridge will be installing a grid power line along the road, causing a significant cost decrease for whoever eventually develops Treaty Creek (which could well be Seabridge or whoever buys them out). Message 34177077