8020 MINING

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8020 MINING

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This group is dedicated to Mining information and discussions. Corporations on the 8020 platform which do not offer ......

people97 Members       (0)

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8020 Admin

23 hours ago

8020 Admin posted an update Trenching Program Underway on Historical Gold-Bearing Stockpile at the Providence Group of Gold Mines in 8020 MINING

TheNewswire - September 16, 2019 - Providence Gold Mines Inc. (TSXV:PHD) ("the Company") is pleased to announce that it has commenced a second phase of mechanized trenching and sampling its first of several potential gold-bearing historical stockpiles. The Providence Group of Gold Mines properties are in mining friendly Tuolumne County, California.


The first phase sampling program confirmed that potentially recoverable gold is present in at least one of several old stockpiles recently identified on the old mine site (Refer to Sept 4, 2019 news release).


"The initial phase of stockpile trenching produced very encouraging gold assay results, with the highest assay returning 18.7 g/t gold." stated Brian Ray M.Sc., P.Geo. and Qualified Person at Providence Gold Mines. "This second phase of trenching and aerial surveying will provide the Company a more accurate grade and volume estimation of the material accumulated during previous mine production."


An excavator will be used to dig a series of 20-meter-long, North-South trending trenches situated 10 meters apart Sampling will occur along the base of the trench with individual samples taken over a half a meter, resulting in an average of about two kilograms of material per sample. The trenches will then be deepened by another meter and re-sampled. The Company has planned to take 200 to 250 samples, but this will largely depend on the depth of the stockpile being sampled. The Phase 2 trenches will be dug perpendicular to the trenches dug in the Phase 1 program. About 50 kg of material form each trench will be reserved for future metallurgical testing.


The stockpiles are covered in vegetation and their full size and shape are still unclear. In an effort to delineate the area covered by these stockpiles, the Company has commissioned Aero Geometrics of Vancouver British Columbia to complete an airborne "LIDAR" survey which will produce high resolution 0.5-meter pixel surface images.


"These images will help us distinguish between natural slope angles and man-made ones," said Mr. Ray. "Once we get a better handle on the stockpiles surface area, we can then use ground penetrating radar to determine the depth."


That data will greatly assist in determining the stockpile profile in order to help calculate the volume of material present. In addition, the Lidar data will also produce a very accurate image of the surface expression for further geological and structural interpretation prior to drilling.


The Company is continuing to evaluate the stockpile with the ongoing objective of estimating the overall grade and tonnage and establishing the best recovery methods. It is projected that deeper sections of the Stockpiles may include higher-grade mineralized material from the early stages of the mine's production.


Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance


All sampling is conducted under the supervision of the Company's project geologists and the chain of custody from the sample site to the sample preparation facility is continuously monitored. A blank or certified reference material is inserted approximately every tenth sample. Samples are transported and tested by Bureau Veritas Minerals of Sparks Nevada, using 30 g lead collection fire assay fusion for total sample digestion with AA finish. All samples assaying over 10 ppm of gold are automatically analyzed by gravimetric method.


Qualified Person


Brian Ray M.Sc., P.Geo a geologist and qualified person (as defined under NI 43-101) has read and approved the technical information contained in this news release.


About Providence Mines


The Providence Mines property consists of 6 patented mineral claims and 22 located claims which cover the historical high-grade Providence, Consuelo, Bonita and Mexican Mines. Documentation shows that these mines were profitably worked for many years and were regarded as part of the best mining Camp within the eastern belt of the "Mother Lode" District. It is historically reported that owing to differences between the former owners and their then manager, "the property was shut down in the midst of active and profitable operations." At that time, over 100 years ago, the lower levels of the mines were allowed to flood and remain flooded to this day. The lower eight levels were never reopened. The mines were never explored by modern methods and Providence Gold Mines believes there is significant potential to find additional gold along strike and at depth.


We invite all shareholders and stakeholders to join the Providence Gold Mines portal on 8020 Connect. Join here: http://b.link/Providence


ON BEHALF OF THE BOARD


"Ronald Coombes"


Ronald Coombes, President & CEO


FOR FURTHER INFORMATION PLEASE CONTACT: Ronald Coombes


Mobile: 1- 604- 724-2369


Email: info@providencegold.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

!
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8020 Admin

7 days ago

8020 Admin posted an update SHAMROCK COMPLETES ACQUISITION OF BUCKLEY CLAIMS IN NORTH CENTRAL BRITISH COLUMBIA in 8020 MINING

CSE: SRS

September 10, 2019

Shamrock Enterprises Inc. ("Shamrock" or the "Company"), a Canadian mineral exploration company, is pleased to announce it has completed the acquisition from a private vendor a 100% interest in the Buckley Project mineral claims, in British Columbia, approximately 57 kms southwest of Houston B.C. The Buckley claims consists of 24 mineral claims covering an area of 15,317.5 hectares. Shamrock now holds title to 18,546 hectares known as the Stellar project, which border the eastern, western and, perhaps most importantly, the northern part of ML Gold's Stars porphyry copper-gold-silver-moly discovery (please see map at - https://www.shamrockresources.com/index.php/projects/stellar-claims


The Stars porphyry discovery represents a porphyry Cu-Mo discovery in an area of excellent access and infrastructure. Shamrock's claims cover a prominent NNE trending group of regional aeromagnetic highs that include one coincident with the Stars discovery and with it's intrusive host rocks. On February 28, 2018 ML Gold reported that drillhole #4 intersected 40.2 metres of 1.02% copper equivalent (CuEq) within a broader interval of 204 m of 0.50% CuEq close to surface. Drilling at Stars targeted an area approximately 100m southeast of an area of previous drilling, where in 2001 drillhole DDH CS-07 intersected 142m of 0.25% copper. The 2018 discovery hole targeted an area of elevated magnetic signature that was coincident with both IP chargeability and copper-in-soil geochemical highs.


Based on information disclosed by ML Gold, the discovery appears to be associated with a NNE trending Induced Polarization chargeability anomaly which is open to the north, about 1 kilometer south of Shamrock's mineral tenures. On the Stars Property, both the mineralized trend and the chargeability anomaly correlate well with a NNE trending magnetic high evident in the regional airborne magnetic data. The regional magnetic trend continues northward onto the Company's newly acquired tenures from the Stars property and represents an excellent property-scale exploration target.


About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of silver and other precious metal properties in North America. The Company's common shares are listed and posted for trading on the Canadian Securities Exchange ("CSE") under the symbol "SRS".


On behalf of the Board,

"Bob Faris", CEO

 

For further information, please contact:

Shamrock Enterprises Inc.

Bob Faris, Chief Executive Officer

Phone: (604) 880-2121

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.


Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.

!
Thumb images  16

Mick Fedrigo posted an update in 8020 MINING

11 days ago

With GOLD trading at $1550 junior golds are good targets for big gains, esp. if they have deposits and will be increasing their gold resources by drilling new areas.

This is significant news in that a senior executive joins a junior miner, it's not a common occurrence.


Thumb gold eagle

https://guyanagoldstrike.com/

Thumb 8020 media relations

Media Relations posted an update in 8020 MINING

14 days ago

Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire
Sep 03, 2019
We’re currently in the last phase of a gold bull rally, and this phase will see the most upside action, this according to Frank Giustra, chairman of Leagold.
“I think we’re in the third and final phase of the gold market that’s started in 2001, and this will be the most explosive phase for gold,” Giustra told Kitco News.

https://www.kitco.com/news/video/show/Kitco-NEWS/2533/2019-09-03/Gold-will-be-explosive-unlike-anything-weve-seen-says-Canadas-billionaire#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS

8020 MINING

publicPublic Group

This group is dedicated to Mining information and discussions. Corporations on the 8020 platform which do not offer investors a "private investor group" may post corporate related content in this group.

people97 Members       (0)

Corporate Profile
Group Admins:
  • Thumb b7c819c2f8949d2a4df7a13fade3f5a1 bpfull
Join Group


8020 MINING

publicPublicGroup

This group is dedicated to Mining information and discussions. Corporations on the 8020 platform which do not offer ......

people97 Members       (0)

Thumb 8020 monitor 200200 2

8020 Admin

23 hours ago

8020 Admin posted an update Trenching Program Underway on Historical Gold-Bearing Stockpile at the Providence Group of Gold Mines in 8020 MINING

TheNewswire - September 16, 2019 - Providence Gold Mines Inc. (TSXV:PHD) ("the Company") is pleased to announce that it has commenced a second phase of mechanized trenching and sampling its first of several potential gold-bearing historical stockpiles. The Providence Group of Gold Mines properties are in mining friendly Tuolumne County, California.


The first phase sampling program confirmed that potentially recoverable gold is present in at least one of several old stockpiles recently identified on the old mine site (Refer to Sept 4, 2019 news release).


"The initial phase of stockpile trenching produced very encouraging gold assay results, with the highest assay returning 18.7 g/t gold." stated Brian Ray M.Sc., P.Geo. and Qualified Person at Providence Gold Mines. "This second phase of trenching and aerial surveying will provide the Company a more accurate grade and volume estimation of the material accumulated during previous mine production."


An excavator will be used to dig a series of 20-meter-long, North-South trending trenches situated 10 meters apart Sampling will occur along the base of the trench with individual samples taken over a half a meter, resulting in an average of about two kilograms of material per sample. The trenches will then be deepened by another meter and re-sampled. The Company has planned to take 200 to 250 samples, but this will largely depend on the depth of the stockpile being sampled. The Phase 2 trenches will be dug perpendicular to the trenches dug in the Phase 1 program. About 50 kg of material form each trench will be reserved for future metallurgical testing.


The stockpiles are covered in vegetation and their full size and shape are still unclear. In an effort to delineate the area covered by these stockpiles, the Company has commissioned Aero Geometrics of Vancouver British Columbia to complete an airborne "LIDAR" survey which will produce high resolution 0.5-meter pixel surface images.


"These images will help us distinguish between natural slope angles and man-made ones," said Mr. Ray. "Once we get a better handle on the stockpiles surface area, we can then use ground penetrating radar to determine the depth."


That data will greatly assist in determining the stockpile profile in order to help calculate the volume of material present. In addition, the Lidar data will also produce a very accurate image of the surface expression for further geological and structural interpretation prior to drilling.


The Company is continuing to evaluate the stockpile with the ongoing objective of estimating the overall grade and tonnage and establishing the best recovery methods. It is projected that deeper sections of the Stockpiles may include higher-grade mineralized material from the early stages of the mine's production.


Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance


All sampling is conducted under the supervision of the Company's project geologists and the chain of custody from the sample site to the sample preparation facility is continuously monitored. A blank or certified reference material is inserted approximately every tenth sample. Samples are transported and tested by Bureau Veritas Minerals of Sparks Nevada, using 30 g lead collection fire assay fusion for total sample digestion with AA finish. All samples assaying over 10 ppm of gold are automatically analyzed by gravimetric method.


Qualified Person


Brian Ray M.Sc., P.Geo a geologist and qualified person (as defined under NI 43-101) has read and approved the technical information contained in this news release.


About Providence Mines


The Providence Mines property consists of 6 patented mineral claims and 22 located claims which cover the historical high-grade Providence, Consuelo, Bonita and Mexican Mines. Documentation shows that these mines were profitably worked for many years and were regarded as part of the best mining Camp within the eastern belt of the "Mother Lode" District. It is historically reported that owing to differences between the former owners and their then manager, "the property was shut down in the midst of active and profitable operations." At that time, over 100 years ago, the lower levels of the mines were allowed to flood and remain flooded to this day. The lower eight levels were never reopened. The mines were never explored by modern methods and Providence Gold Mines believes there is significant potential to find additional gold along strike and at depth.


We invite all shareholders and stakeholders to join the Providence Gold Mines portal on 8020 Connect. Join here: http://b.link/Providence


ON BEHALF OF THE BOARD


"Ronald Coombes"


Ronald Coombes, President & CEO


FOR FURTHER INFORMATION PLEASE CONTACT: Ronald Coombes


Mobile: 1- 604- 724-2369


Email: info@providencegold.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

!
Thumb 8020 monitor 200200 2

8020 Admin

7 days ago

8020 Admin posted an update SHAMROCK COMPLETES ACQUISITION OF BUCKLEY CLAIMS IN NORTH CENTRAL BRITISH COLUMBIA in 8020 MINING

CSE: SRS

September 10, 2019

Shamrock Enterprises Inc. ("Shamrock" or the "Company"), a Canadian mineral exploration company, is pleased to announce it has completed the acquisition from a private vendor a 100% interest in the Buckley Project mineral claims, in British Columbia, approximately 57 kms southwest of Houston B.C. The Buckley claims consists of 24 mineral claims covering an area of 15,317.5 hectares. Shamrock now holds title to 18,546 hectares known as the Stellar project, which border the eastern, western and, perhaps most importantly, the northern part of ML Gold's Stars porphyry copper-gold-silver-moly discovery (please see map at - https://www.shamrockresources.com/index.php/projects/stellar-claims


The Stars porphyry discovery represents a porphyry Cu-Mo discovery in an area of excellent access and infrastructure. Shamrock's claims cover a prominent NNE trending group of regional aeromagnetic highs that include one coincident with the Stars discovery and with it's intrusive host rocks. On February 28, 2018 ML Gold reported that drillhole #4 intersected 40.2 metres of 1.02% copper equivalent (CuEq) within a broader interval of 204 m of 0.50% CuEq close to surface. Drilling at Stars targeted an area approximately 100m southeast of an area of previous drilling, where in 2001 drillhole DDH CS-07 intersected 142m of 0.25% copper. The 2018 discovery hole targeted an area of elevated magnetic signature that was coincident with both IP chargeability and copper-in-soil geochemical highs.


Based on information disclosed by ML Gold, the discovery appears to be associated with a NNE trending Induced Polarization chargeability anomaly which is open to the north, about 1 kilometer south of Shamrock's mineral tenures. On the Stars Property, both the mineralized trend and the chargeability anomaly correlate well with a NNE trending magnetic high evident in the regional airborne magnetic data. The regional magnetic trend continues northward onto the Company's newly acquired tenures from the Stars property and represents an excellent property-scale exploration target.


About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of silver and other precious metal properties in North America. The Company's common shares are listed and posted for trading on the Canadian Securities Exchange ("CSE") under the symbol "SRS".


On behalf of the Board,

"Bob Faris", CEO

 

For further information, please contact:

Shamrock Enterprises Inc.

Bob Faris, Chief Executive Officer

Phone: (604) 880-2121

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.


Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.

!
Thumb images  16

Mick Fedrigo posted an update in 8020 MINING

11 days ago

With GOLD trading at $1550 junior golds are good targets for big gains, esp. if they have deposits and will be increasing their gold resources by drilling new areas.

This is significant news in that a senior executive joins a junior miner, it's not a common occurrence.


Thumb gold eagle

https://guyanagoldstrike.com/

Thumb 8020 media relations

Media Relations posted an update in 8020 MINING

14 days ago

Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire
Sep 03, 2019
We’re currently in the last phase of a gold bull rally, and this phase will see the most upside action, this according to Frank Giustra, chairman of Leagold.
“I think we’re in the third and final phase of the gold market that’s started in 2001, and this will be the most explosive phase for gold,” Giustra told Kitco News.

https://www.kitco.com/news/video/show/Kitco-NEWS/2533/2019-09-03/Gold-will-be-explosive-unlike-anything-weve-seen-says-Canadas-billionaire#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS