The “Golden Triangle” may be one of the hottest mining areas in the world. Weeks after Newmont Mining (NYSE:NEM)(TSX:NGT) bought “Golden Triangle” developer GT Gold for $311 million in cash, Cache Exploration announced it completed an agreement to acquire a 100% option on the Marmot Precious Metals Project located in the Golden Triangle British Columbia. Other companies operating in the region include Metallis Resources Inc. (TSXV: MTS)(OTCQB: MTLFF)(FSE: 0CVM), Seabridge Gold Inc. (NYSE:SA)(TSX:SEA), Eskay Mining Corp. (TSXV:ESK)(OTC:ESKYF), and Tudor Gold Corp. (TSXV:TUD)(OTC:TDRRF). "Minerals explorers are piling up into British Columbia's Golden Triangle, with several companies showing massive discovery potential,” says Jack Bal, CEO of Cache Exploration.
One of the Companies Operating in the Golden Triangle is Metallis Resources Inc.
Metallis Resources Inc. (TSXV: MTS)(OTCQB:MTLFF)(FSE:0CVM) just announced the appointment of Charlie Greig and Dr. Michelle Campbell to the Company’s Technical Advisory Board, effective immediately. Both have joined the team with a singular objective of providing technical and strategic guidance on the development of the 2021 drill program (the “Program”) at the Kirkham Property. The clear deliverable of the Program will be to target the deeper higher-grade copper-gold mineralized zones of the 7.5 km-long Hawilson Monzonite porphyry complex lying within the Property.
Metallis’ President and CEO Fiore Aliperti stated, “We believe that the strength of Metallis and its value proposition for our investors, begins and ends with our technical team. These two highly qualified additions to our Advisory Board bring a wealth of knowledge to the table, which includes their recent experience working on major resource projects in the immediate area. Whether it is Michelle’s analytical research work at Seabridge Gold’s KSM, the world’s largest undeveloped gold project, or Mr. Greig’s latest success story at GT Gold’s Saddle North, culminating its rapid development from discovery to sale to Newmont in just four short years. Both project stories are nothing short of incredible.”
He went on to add, “This is a statement of intention from the Metallis team that we are serious about developing Kirkham into the next success story in the Golden Triangle. We are extremely excited and grateful to have them on board. Their agreement to join Metallis should be taken for what it is, a confidence marker that we are sitting on a project with great potential to be the next world class discovery in the Golden Triangle.”
Joining the Metallis Technical Advisory Board are:
Charlie Greig – VP of Exploration – GT Gold
Charlie Greig is a geologist with forty years of geological experience, mainly in the exploration industry. He has worked on exploration projects, mainly as a mapper, ranging from grassroots to development. Charlie has mapped, or worked on, several projects which have subsequently been taken to production, including La India in Mexico (Grayd–Agnico Eagle), Wolverine in Yukon (Atna-Westmin, Yukon Zinc), Alamo Dorado in Mexico (Corner Bay-Pan American Silver), Bisha (Nevsun) and Emba Derho (Sunridge Gold) in Eritrea, and Brucejack (Pretivm) in B.C. He has also worked on a number of other advanced exploration projects including Asmara (Adi Nefas, and Debarwa, for Sunridge Gold), Red Mountain (Lac Minerals, Seabridge, IDM, Ascot), Casino (Western Copper and Gold), Silbak Premier-Big Missouri (Westmin, Ascot Resources), and the recently discovered Saddle North porphyry Cu-Au and Saddle South epithermal Au-Ag zones for GT Gold, for which he was awarded the 2020 H.H. “Spud” Huestis Award, by AME (the Association for Mineral Exploration of British Columbia) for significant contributions to enhancing the mineral resources of BC and the Yukon Territory.
Dr. Michelle Campbell – Senior Geologist, PhD. – Seabridge Gold
Dr. Campbell obtained her Ph.D. in economic geology from Oregon State University in 2020, and her M.Sc. in geological sciences from UBC in 2012. She has worked for several different mineral exploration companies in Canada and Australia during the last 14 years.
Since 2013, Dr. Campbell has worked in British Columbia's Golden Triangle and her Ph.D. research focused on the magmatic evolution, hydrothermal alteration, and geochronology of Seabridge Gold's KSM porphyry Au-Cu-Mo-Ag district. Dr. Campbell's expertise includes the interpretation and modelling of geochemical, shortwave infrared, and mineralogical data in porphyry-copper systems.
Other related developments from around the markets include:
Newmont Corporation announced it will report first quarter 2021 operations and financial results before the market opens on Thursday, April 29, 2021 and will hold a conference call at 10 a.m. Eastern Time (8:00 a.m. Mountain Time) the same day. The earnings call will also be carried on the Company’s website.
Seabridge Gold drill program at its 100%-owned Snowstorm Project has achieved its key objective: to find a gold-bearing system hosted within similar rocks and structural setting as the Turquoise Ridge Mine. Snowstorm is located 15 km north of Turquoise Ridge on an extension of the prolific Getchell Trend. Although the gold grades to date are very low, Seabridge's exploration team is increasingly confident that these new drill results can be used to vector towards higher grades.
Eskay Mining Corp. wishes to clarify its press release dated March 25, 2021. All of the property that was subject to the former joint venture with St. Andrew Goldfields Ltd., including the Jeff and TV targets (referred to in the Company’s press release of February 2, 2021), is now owned 100% by Eskay subject to the 2% NSR in favour of St Andrew. The map included as Schedule A shows the Company’s current 100% landholdings in the Golden Triangle and the map included as Schedule B shows the former joint venture lands.
Tudor Gold Corp. is pleased to present results of the Initial Mineral Resource Estimate for the Goldstorm and Copper Belle Zones at their flagship property, Treaty Creek. The Property is located within the heart of the Golden Triangle of Northwestern British Columbia which is on-trend from Seabridge’s KSM Project located five kilometres southwest of the Goldstorm Zone. A total of 218 drill holes totaling 105,658.8 metres were used in the Mineral Resource Estimate completed by P&E Mining Consultants Inc. (P&E). The constraining open-pit shell contains 14.15 million ounces of Measured and Indicated gold equivalent ounces at an average grade of 0.72 gpt AuEq and 5.26 million Measured and Indicated AuEq ounces at an average grade of 0.80 gpt AuEq for the out-of-pit Mineral Resources. Cut-off grades of 0.30 gpt AuEq were used inside the constraining open-pit shell and a higher cut-off grade of 0.46 gpt AuEq was used for the out-of-pit Mineral Resource Estimate which includes underground constrained blocks. The Goldstorm Zone remains open in all directions and at depth. The effective date of the Mineral Resource Estimate is March 1, 2021. A Technical Report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, will follow within 45 days of this news release and this will be posted on SEDAR and the Company`s website.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Metallis Resources Inc. by Metallis Resources Inc. We own ZERO shares of Metallis Resources Inc. Please click here for full disclaimer.
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