Platinex Inc. (CSE: PTX) (Frankfurt 9PX) (the
Company or
Platinex ) is pleased to provide an update on its exploration activities at its 100% owned Shining Tree project, northern Ontario. The Shining Tree Property (“Property”) is situated in the Abitibi Greenstone Belt comprising 21,720 ha (53,648 ac.), making it the largest land position in the Shining Tree area. The property is located to the east of IAMGOLD’s Cote Gold deposit and along 21 km of the Ridout-Tyrrell deformation zone (“RTDZ”) and borders Aris’s Gold’s Juby Deposit.
Drilling Program Commenced:
The phase 1 drill program will total 3,500 metre, and the first 1,000m tranche has commenced. The program will test 2-5 targets including intersections of a collection of east-northeast-trending veins and a slaty pyritic and graphitic metasedimentary rock unit known locally as the Evelyn vein. The program will attempt to characterize the mineralization in the intersection between the wide mineralized zone
Platinex Announces Drilling and Provides Project Update at Shining Tree
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VanGold Begins Drilling at El Pinguico
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Vangold Mining Corp.: VanGold Begins Drilling at El Pinguico
VANCOUVER, BC / ACCESSWIRE / January 29, 2021 / VanGold Mining Corp. (the
Company or
VanGold ) (TSXV:VGLD) announces that drilling has commenced at its El Pinguico silver-gold property located 7km south of Guanajuato Mexico. This initial drill program will consist of 12-14 drill holes and will be conducted underground, within old workings at the historic El Pinguico mine.
Underground Drill Purchase:
On September 24, 2020 VanGold announced that it had purchased its own portable drill rig for use underground at El Pinguico. After examining numerous alternatives, the Company decided to order an Explorer - 75E core drill rig from Grupo Ingetrol S.A de C.V. of Torreon, Mexico. Among other desirable attributes, this drill is small enough to fit into many of the adits, drifts, and galleries of El Pinguico s old workings, while still being able to target the long strike length of potential new in-situ material of the main