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Lara Exploration Ltd.: Hochschild Intercepts 31.55m averaging 4.9g/t Gold and 43g/t Silver at the Lara s Corina Gold Project in Peru
The reported intercepts are close to, but do not necessarily represent true widths.
Hochschild has the option to purchase the Corina Project from Lara by making staged cash payments totalling US$4,150,000 of which US$650,000 has been paid to date, with the next installment of US$1,000,000 due in July 2021. Hochschild also has the obligation to pay a 2% net smelter return royalty on any production (see Company news release of June 23, 2014 for details).
The Corina Gold Project covers part of a belt of Tertiary-age volcanic rocks in southern Peru that also host Hochschild s Pallancata and Immaculada mining operations and past producer Selene, with Lara s project located approximately 15km north (approximately 25km by road) of the mill at Selene, which currently processes ore from the Pallancata mine.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Mandalay Resources Corporation Intersects 0.11 Metres of 460.5 g/t Gold and 0.20 Metres of .
Mandalay Resources CorporationJanuary 29, 2021 GMT
TORONTO, Jan. 29, 2021 (GLOBE NEWSWIRE) Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to provide preliminary details on the initial intercepts into a newly discovered veining horizon underneath and related to the Youle deposit at its Costerfield operations (Victoria, Australia).
Highlights:
460.5 g/t gold over a partially recovered true width of 0.11 m in BC176; and
165.1 g/t gold over a true width of 0.20 m in BC176W1 wedge hole off BC176.
SolGold PLC Announces Amended NI 43-101 Technical Report
Amended NI 43-101 Technical Report on the Cascabel Property, Alpala Deposit, Northern Ecuador
BISHOPSGATE, LONDON / ACCESSWIRE / January 29, 2021 / The Board of SolGold (LSE:SOLG and TSX:SOLG) is pleased to announce the filing on SEDAR of an amended and restated independent NI 43-101 Technical Report entitled: Cascabel Property NI 43-101 Technical Report, Alpala Porphyry Copper-Gold-Silver Deposit - Mineral Resource Estimation, January 2021 with an Effective date: 18 March 2020 and Amended Date: 7 January 2021 (the Technical Report).
This amended Technical Report has been relodged to recognise SolGold Plc ( the Company ) and Cornerstone Capital Resources Inc. ( Cornerstone ) as common issuers of the current Technical Report on the Cascabel Property, Alpala Porphyry Copper-Gold-Silver Deposit - Mineral Resource Estimation.
Follow us on twitter @SolGold plc ABOUT SOLGOLD SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits. In 2018, SolGold s management team was recognised by the Mines and Money Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt. The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.