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Resource Clips


Posts tagged ‘Adventure Gold Inc (AGE)’

Adventure, Mazorro reports Quebec Gold Assays of 1.1 g/t over 138.4m

April 18th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningAdventure Gold Inc TSXV:AGE in joint venture with Mazorro Resources Inc TSXV:MZO announced assays from the LC and West zones of the Lapaska gold property in Quebec. Results include

0.8 g/t gold over 119.9 metres (including 4.7 g/t over 5.9 metres)
1.1 g/t over 138.4 metres (including 7.7 g/t over 12.1 metres)
1.1 g/t over 61.4 metres (including 4.2 g/t over 3.9 metres)
1 g/t over 86.8 metres (including 14.7 g/t over 3.3 metres)

Mazorro has an option to earn up to a 70% interest in the Lapaska property and is the project operator.

Mazorro President/CEO Dean Hanisch commented, “The new results from the Lapaska drilling confirm again the presence of high-grade gold-bearing structures in the LC Zone. New gold intercepts also indicate that the gold system is still open laterally and at depth and we may have the potential to add additional high-grade, near-surface structures to the expanding discovery at Lapaska. Based on the strength of today’s results, new modelling of the LC Zone is ongoing and additional follow-up drilling in Phase 4 is currently being planned. We are very enthusiastic about the exploration upside at Lapaska. Mazorro intends to complete the first stage earn-in to have a vested 50% interest in the Lapaska property during 2012. Completion of the initial earn-in requires additional exploration expenditures of approximately $325,000 and could be achieved as soon as the completion of Phase 4 drilling.”

View Company Profile

Contact:
Adventure Gold Inc
Marco Gagnon
President/CEO
450.743.5527

or Mazorro Resources Inc
Dean Hanisch
President/CEO
778.327.6671

by Ted Niles

Adventure, Mazorro report Quebec Gold Assays up to 1.3 g/t over 124.7m

February 8th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningAdventure Gold Inc TSXV:AGE in joint venture with Mazorro Resources Inc TSXV:MZO announced assays from the Lapaska gold property in Quebec. Results include

1.3 g/t gold over 124.7 metres (including 7.2 g/t over 9 metres)
0.8 g/t over 215.1 metres (including 4.9 g/t over 13.1 metres)
0.5 g/t over 100.3 metres (including 3.2 g/t over 5 metres)
0.6 g/t over 15.6 metres
0.5 g/t over 25.6 metres
0.7 g/t over 10.9 metres

Mazorro President/CEO Dean Hanisch said, “We are pleased to release this successful set of drill results which include very significant near-surface new high-grade gold zones grading up to 7.2 g/t gold over 9 metres inside larger gold intercepts. We are also excited that the Phase 3 drill program is ongoing and is designed to test the LC Zone near surface extensions and to highlight the bulk tonnage potential of the deposit. In addition, Phase 3 drilling will help us to better define the high-grade gold zone extensions, which have a very positive impact on the increase in the overall grade of the deposit.” Mazorro has an option to earn up to a 70% interest in the Lapaska property and is the project operator.

View Company Profile

Contact:
Adventure Gold Inc
Marco Gagnon
President/CEO
450.743.5527

or Mazorro Resources Inc
Dean Hanisch
President/CEO
613.238.1556

by Ted Niles

Adventure, Mazorro report Quebec Gold Assays as high as 3.1 g/t over 60.6m

December 1st, 2011

Resource Clips - essential news on junior gold mining and junior silver miningAdventure Gold Inc TSXV:AGE in joint venture with Mazorro Resources Inc TSXV:MZO announced results from the Lapaska gold property, located 20 kilometres east of Val D’Or, Quebec. Assays include

0.6 g/t gold over 144.2 metres (including 1 g/t over 65.6 metres)
1.2 g/t over 43.2 metres (including 4.8 g/t over 5.5 metres)
3.1 g/t over 60.6 metres (including 7.4 g/t over 11.8 metres)

Mazorro President/CEO Dean Hanisch commented, “We are extremely pleased with the initial assays in the Phase 2 drill program as expectations continue to be exceeded with higher-grade results over significant intervals within our bulk tonnage Lapaska project.” Mazorro has an option to earn up to a 70% interest in the Lapaska property and is the project operator.

View Company Profile

Contact:
Mazorro Resources Inc
Dean Hanisch
President/CEO
613.238.1556

or Adventure Gold Inc
Marco Gagnon
President/CEO
450.743.5527

by Ted Niles

Adventure reports Quebec Results of 2.7 g/t Gold over 65.1m

November 15th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningAdventure Gold Inc TSXV:AGE announced assays from its Pascalis-Colombiere Property in the Val-d’Or mining camp of Quebec. Results include

2.7 g/t gold over 65.1 metres
(including 8.1 g/t over 4.2 metres)
1.5 g/t over 85 metres
(including 6.1 g/t over 7 metres)
3.3 g/t over 10.1 metres
1.2 g/t over 26.8 metres
(including 6.6 g/t over 3 metres)
1.1 g/t over 28.9 metres
(including 4.6 g/t over 5.7 metres)
1.1 g/t over 25.7 metres
(including 2.2 g/t over 3.3 metres)

President/CEO Marco Gagnon commented, “We are very pleased with these impressive drilling results, which clearly confirmed our geological model and expand the size of the gold system that opens a large exploration potential close to the former Beliveau Mine. Our short-term priority is to continue the near-surface drilling to the north and south, close to the underground developments. We are currently designing the phase 3 drilling program, which is scheduled to start as soon as the ground is frozen.”

View Company Profile

Contact:
Marco Gagnon
President/CEO
450.743.5527

or Jules Riopel
VP of Exploration and Acquisitions
819.797.9770

by Greg Klein

Adventure reports Quebec Assays of 1.6 g/t Gold over 34.8m

September 13th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningAdventure Gold Inc TSXV:AGE announced results from its Pascalis-Colombiere Gold Property in the Val-d’Or Mining Camp of Quebec. Assays include 1.6 g/t gold over 34.8 metres (including 7.1 g/t over 4.3 metres), 1.9 g/t over 23.5 metres (including 4.5 g/t over 9.3 metres), 1.5 g/t over 24.5 metres (including 2.5 g/t over 6.3 metres), 1.6 g/t over 20.4 metres (including 4.1 g/t over 5.8 metres) and 1.8 g/t over 14.3 metres (including 5.2 g/t over 3.7 metres).

VP of Exploration and Acquisitions Jules Riopel stated, “Initial results of the Phase II drilling program clearly indicate that the Beliveau gold system is still open in many directions and at depth. We believe there is still more gold to be discovered on the property, which offers some of the best exploration potential in the Val-d’Or Mining Camp. Our short-term priority now is to resume drilling as soon as we have all the pending assay results in hand.”

View Company Profile

Contact:
Adventure Gold Inc
514.525.5575

by Greg Klein

Adventure President Marco Gagnon on Quebec assays of 4.8 g/t gold over 33.1m

June 1st, 2011

“The property is located in the east part of the Val d’Or mining camp, where historical resources reached 30 million ounces of gold. Our property is also adjacent to a producing gold mine called the Beaufor Mine—owned by Richmont Mines. They’ve produced, over the last 40 years more than one million ounces gold at grades between 7 g/t and 9 g/t. Also, one kilometre south of the Beaufor Mine on the Pascalis-Colombière property, there is a past-producer called the Béliveau Mine. It was owned by Cambior Inc. When Cambior was taken over by IAMGOLD two years ago, we had the great opportunity to buy this asset from IAMGOLD. There had been no exploration at all on the property between when they closed the mine in 1993 and when we bought it in 2008. For the first year and last year we compiled everything from the mine site and all the mine infrastructure. During the first year we also did some exploration drilling north and south of the mine. Since last December, we had all the data in our hands, and we started to do some exploration very close to the mine infrastructure. This is the third press release that we’ve announced for the property. What we’ve defined is a new gold zone just west of the underground mine infrastructure, and it’s very easy to access those new resources that we are presently defining.

“We’ve already started to do the 43-101 with a consulting firm based in Montreal. We intend to release it after we complete the Phase 2 diamond drilling, which will be later this year.

I have spoken with some new shareholders and other major funds that have supported us for several years, and they were all really impressed with the grade. – Marco Gagnon

“We are very pleased with these results. I have spoken with some new shareholders and other major funds that have supported us for several years, and they were all really impressed with the grade. We have economic-grade underground, but we also have a very strong halo, which means that we may also be able to do open pit eventually.

“On some of our other properties we’ve already signed deals with major gold producers. For example, we’ve already signed a deal with Agnico-Eagle on our Dubuisson property. In Timmins we signed a deal last year with Lake Shore Gold, and they will help us to put those assets into production. So, I can say that we will do a deal, or we will bring Pascalis-Colombière to the development stage at least. We have the expertise to bring the property to the development stage. We are all mining professionals, we’ve worked with major mining companies before and we have the in-house expertise to bring the property to the development stage.

“Pascalis-Colombière is our flagship project right now, and we’ll put a lot of effort into bringing this asset to the development stage. But we are also doing some work on our other properties. We are drilling at our Lapaska property, just five kilometres south Pascalis-Colombière. We are very active in the Val d’Or mining camp. Lake Shore Gold is drilling our project in Timmins West; Agnico-Eagle is also drilling on Dubuisson. We have a 20,000-metre drilling program ongoing on five projects right now. But Pascalis-Colombière is our flagship and we want to put the spotlight on it right now.”

View Press Release Summary

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Adventure reports Quebec Gold Assays as high as 5.5 g/t over 5.9m

April 8th, 2011

Adventure Gold Inc TSXV:AGE announced results from its Pascalis Colombiere Property in the Val d’Or East gold camp, Quebec. Assays include 9.5 g/t over 1 metre, 5.5 g/t over 5.9 metres, 4 g/t over 6.8 metres, 4.6 g/t over 5.7 metres (including 9.2 g/t over 2.7 metres), 1.5 g/t over 19.7 metres, 6.7 g/t over 16.2 metres (including 12.9 g/t over 8 metres) and 3.2 g/t over 11.2 metres.

President/CEO Marco Gagnon said, “I’m very proud of the work done by our technical team: the drilling results confirm our new exploration model at Pascalis. I believe that there is strong potential to extend the gold mineralisation recently intersected by our drilling and to find new gold zones near the existing L.C. Beliveau gold mine.”

View Company Profile

Contact:
Marco Gagnon
President/CEO
450.743.5527

or Jules Riopel
VP Exploration and Acquisitions
819.797.9770

by Ted Niles

Adventure reports Quebec Gold Assays up to 5.4 g/t over 20m

March 4th, 2011

Adventure Gold Inc TSXV:AGE announced results from its Pascalis Colombiere Property in Quebec. Assays include 0.9 g/t gold over 6.8 metres, 4.9 g/t over 4.3 metres (including 9.7 g/t over 2.1 metres), 5.4 g/t over 20 metres (including 34.6 g/t over 2.9 metres), 6.3 g/t over 1.8 metres, 7.5 g/t over 0.9 metres, 4.4 g/t over 1 metre, 2 g/t over 24.9 metres (including 7 g/t over 4.8 metres) and 7.2 g/t over 1 metre.

Adventure plans to complete an NI 43-101 resource estimate at the end of the winter drilling program. The Pascalis Colombiere property was mined between 1989 and 1993, producing 167,000 ounces gold.

View Company Profile

Contact:
Marco Gagnon
President/CEO
450.743.5527

or Jules Riopel
VP Exploration and Acquisitions
819.797.9770

by Ted Niles