ProfitQuotes.com
symbol lookup  commodity list
Bookmark This Page
Dow Movers: XOM, CSCO

Thu, 16 Nov 15:11:16 GMT
Daily Dividend Report: HPQ, SU, LRCX, VVV, CPG

Wed, 15 Nov 19:18:48 GMT
Portfolio Channel
Free Energy Dividend Stock Report
Free Dividend Report - Top Ranked Stocks
Free Dividend Paying Gold/Metals Stocks Report
Get a quote box (like the one below) for your site!
ProfitQuotes.com Commodities Quotes
commodity quotes list
energy quotes  gold quotes
uranium stocks  
solar power stocks

wind power stocks

Industry focus:

advertising stocks,
space stocks,
aerospace stock,
aerospace sector,
list of aerospace companies,
largest chemical companies,
chemical stock,
chemical news,
best agriculture stocks,
ag stocks,
chinese agriculture stocks,
top agriculture companies,
agriculture stocks,
agricultural stocks,
agricultural stock,
stocks agriculture,
agriculture markets,
agriculture index,
agriculture industries,
agricultural investment,
agriculture investment,
agricultural industry,
farm stock,
airline stock symbols,
airline stock prices,
airline stock,
airlines stock,
clothing stock,
fashion stocks,
publicly traded fashion companies,
clothing company stocks,
apparel stock,
apparel companies,
application software stocks,
asset management stocks,
auto stocks,
auto industry stocks,
chinese auto stocks,
auto stock prices,
automotive stock,
auto parts stocks,
community bank stocks,
regional bank stocks,
canadian bank stocks,
banking stock,
national bank stocks,
commercial bank stock,
banks stock,
bank stock quote,
bank stocks,
banking industry,
alcohol stocks,
beverage stock,
global wine stocks,
wine stocks,
liquor stock,
biotech stocks list,
biotechnology investing,
public biotech companies,
top biotech stocks,
nanotechnology stock,
largest biotech companies,
biotechnology stock,
biotech investing,
investing in biotech,
best biotech companies,
bio stocks,
biotech sector,
biotechnology investment,
biopharma companies,
new biotech companies,
biotech investment,
biotechnology industries,
nanotech stocks,
biotech stocks,
biotechnology articles,
biotechnology news,
business stocks,
service stocks,
chemical companies,
chemical industries,
chemical industry,
chemical company,
chemicals company,
cigarette stock,
cigarette company stocks,
cigarette stock symbols,
tobacco company stocks,
tobacco stock,
cigar stocks,
communications stocks,
communication stock,
computer peripherals companies,
computer peripherals,
computers stocks,
computer stock,
computer web,
internet stocks,
construction stocks,
machinery stocks,
builders stocks,
building stocks,
consumer goods stocks,
consumer services stocks,
consumer services companies,
lending stocks,
mortgage banking,
lending companies,
mortgage bankers,
loan services,
mortgage services,
mortgage bank,
loan bank,
defense stocks,
defensive stock,
department store stocks,
diagnostic company,
diagnostic companies,
pharmaceuticals stocks,
drug stocks,
drug company stocks,
pharma stock,
education stocks,
college stock,
electric utility stocks,
electric company stocks,
electric utilities stocks,
utility stocks,
utilities stocks,
power equipment companies,
electrical supply companies,
electronic stocks,
entertainment stock,
movie stocks,
movies companies,
movie company,
cefs,
open ended and closed ended mutual funds,
closed ended investment,
closed ended fund,
bonds fund,
closed end,
food stock,
game stock,
gambling stocks,
casino stocks,
gaming stocks list,
gaming stocks,
gas utility companies,
gas company stocks,
construction industries,
builders contractors,
construction services,
construction industry,
grocery store stocks,
supermarket stock,
drug store stocks,
home stocks,
furniture stock,
home improvement stocks,
medical company stocks,
top medical stocks,
medical stock,
hospital stock,
medical supply stocks,
medical technology stocks,
medical device stocks,
medical equipment stocks,
copper mining,
palladium mining stocks,
mining metals,
mining,
mining news,
gold exploration,
mining share price,
lithium mines,
mining industries,
international mining companies,
mining information,
molybdenum mining companies,
nickel mining companies,
metals and mining stocks,
gold and silver mining stocks,
copper mining companies,
rare earth mining companies,
rare metals stocks,
rare earth stocks,
metals stocks,
welding stock,
nonprecious metals,
non metallic mining,
office supplies companies,
office supply companies,
oil services stocks,
oil pipeline stocks,
gas pipeline stocks,
gas pipeline companies,
pipeline companies,
natural gas pipeline companies,
oil services companies,
oil field services,
oil service stocks,
natural gas pipelines,
oilfield service companies,
oil and gas pipeline companies,
oil gas pipeline,
oil exploration stocks,
oil exploration sector,
oil exploration companies,
oil drilling stocks,
oil drilling companies,
oil production companies,
china oil companies,
brazil oil companies,
china oil stocks,
brazil oil stocks,
oil companies,
oil stocks,
oil drilling,
oil exploration,
offshore oil drilling companies,
list of oil drilling companies,
oil and gas exploration,
oil and gas drilling,
oil and gas stocks,
oil and gas drilling companies,
oil refining companies,
oil marketing companies,
oil refining stocks,
oil refining sector,
oil refinery companies,
oil refinery stocks,
major oil companies,
oil sector,
oil refinery,
oil refinery company,
oil company,
oil marketing company,
oil refining company,
oil refining industry,
major oil companies list,
oil and gas companies,
crude oil stocks,
packaging companies,
container companies,
packaging stocks,
packaging sector,
container sector,
pulp stocks,
paper stocks,
timber stocks,
pulp companies,
paper companies,
timber companies,
timber trusts,
cardboard companies,
paper sector,
timber sector,
paper companies list,
silver mining companies,
gold mining companies,
gold mining sector,
precious metal stocks,
mining companies,
exploration sector,
mining sector,
exploration stocks,
mining stocks,
silver stocks,
gold stocks,
gold mining stocks,
silver mining stocks,
silver mining company,
canadian mining companies,
gold mining,
gold mining company,
mining company,
list of mining companies,
gold stocks list,
largest gold mining companies,
silver mining,
printing companies,
printing stocks,
printing sector,
newspaper stocks,
newspaper sector,
newspaper companies,
publishing stocks,
publishing sector,
publishing companies,
digital media companies,
digital media stocks,
digital media sector,
book publishing companies,
digital media company,
publishing company,
railroad stocks,
railroad sector,
railroad companies,
railroad company,
railroad investment,
major railroad companies,
real estate companies,
real estate stock,
real estate public companies,
real estate investing,
real estate investments,
real estate sector,
commercial real estate investing,
real estate investment firms,
real estate investing guide,
REITs,
real estate investment trust,
REIT sector,
REIT stocks,
REITs sector,
REITs stock,
public REITs,
real estate investment trusts,
real estate investment trust companies,
real estate investment trusts REITs,
real estate investment companies,
real estate investment company,
real estate investment trust REIT,
rubber stocks,
plastic stocks,
rubber companies,
plastic companies,
rubber sector,
plastic sector,
plastic manufacturing companies,
rubber company,
plastic company,
semiconductor stocks,
semiconductor investments,
semi stocks,
semiconductor companies,
semiconductor sector,
shipping stocks,
dry bulk stocks,
container stocks,
dry bulk shipping,
dry bulk shipping companies,
tanker stocks,
shipping companies,
shipping sector,
specialty retail,
retail stocks,
retail investing,
retail store stocks,
consumer stocks,
consumer investment,
retail companies,
retail sector,
sports stocks,
sports investing,
sporting goods stocks,
sports investments,
sporting goods companies,
sporting goods sector,
stock message boards,
television stocks,
television investment,
radio stocks,
radio invest,
media stocks,
media invest,
media investment,
media investing,
television companies,
television sector,
radio sector,
radio companies,
media companies,
media sector,
textile stocks,
apparel stocks,
textile investment,
textile companies,
textile sector,
apparel sector,
freight investment,
transportation investment,
truck investment ,
freight stocks,
transportation stocks,
trucking stocks,
trucking companies,
trucking sector,
waste management stocks,
waste stocks,
recycling stocks,
waste investment,
waste companies,
waste sector,
water stocks,
water utilities,
water investing,
water investment,
water companies,
water sector

Home Oil & Gas Electricity Metals Treasuries Stocks My Portfolios Forex
News - Full Story
 Related Quotes
 Transition Metals Corporation  0.14   UNCH  0.0%
 Enter Symbols: 
Canadian Gold Miner Grab Sample Returns 29.5 Grams per tonne Gold from South Kirkland Project

SUDBURY, ON, July 27, 2017 /CNW/ - Canadian Gold Miner Corp ("CGM", the Company) and Transition Metals Corp. (XTM – TSX.V, "Transition") are pleased to announce preliminary sampling results from CGM's South Kirkland project. The Lafond showing is one of 7 gold mineralized zones that the Company has identified in the southeastern portion of the South Kirkland project located 10 kilometres southeast of Larder Lake Ontario. Figure 1 depicts the location of the Lafond showing within an outline of CGM's south Kirkland project area.

Figure 1. Location of the Lafond occurrence and the South Kirkland Project Area, Near Kirkland Lake Ontario (CNW Group/Transition Metals Corp.)

Initial assay results from 62 grab samples collected from bedrock exposures in the vicinity of the Lafond showing have returned gold values ranging from <0.01 to 29.5 grams per tonne gold (g/t Au) with a mean value of 2.2 g/t Au (see Table 1). Figure 2 presents a detailed map of the Lafond area that illustrates sample locations and values. Please note that grab samples are selective samples are not necessarily representative of the mineralization hosted on the property.

Commenting on the results, CGM CEO Greg Collins, P.Geo said, "We are very encouraged by what we are seeing at Lafond so far. The results indicate an approximately 700 by 100 metre wide gold mineralized exposure around the known high grade vein occurrences located in the vicinity of the Lafond shaft. This highlights the potential for a larger and more widespread system of gold mineralization on the property. Work is progressing to expose more bedrock in preparation for channel sampling and diamond drilling."

About the Lafond Showing:

The Lafond showing is one of 7 occurrences within the South Kirkland project area selected for surface mapping and sampling work this summer. At Lafond, a pre-1928 shaft was sunk to a depth of 160 metres with approximately 460 metres of lateral development completed on 3 levels to test a series of high-grade quartz veins hosted in a large (approximately 100 m wide by a minimum 800 m long as exposed) alkaline to calc-alkaline intrusive complex. Historically, more than 13 major veins have been identified on the property with the No, 9, 10, and 11 veins located north of the shaft being the main focus of historic exploration. On surface, the No. 9 vein is 0.5 to 2 metres wide, the No.10 Vein up to 0.5 metres wide and the No. 11 Vein averages 2 metres wide at the west end and 0.5 metres near the east end. Historical assay records from  ten drill holes at Lafond reported intersecting values including 9.05 g/t Au over 1.68 metres, 7.54 g/t over 0.30 metres, and 2.07 g/t Au over 3.75 metres¹. Cited grades have been sourced from historical assessment reports that the Company have not been independently authenticated by the Qualified Person and as such should not be relied upon as being accurate by the reader.

¹Source: MNDM 1984 Assessment Report 32D04SE0351

South Kirkland Exploration Plans

Plans for the summer include mechanical trenching, detailed mapping, and channel sampling at the south Kirkland project.  The Company is completing the work ahead of a planned 1,500 to 3,500 metre diamond drilling program expected to commence following completion and review of data from the trenching work now in progress.

Table 1. Lafond Surface Mapping Samples

Sample

Type

Easting
(metres)

Northing
(metres)

Au (g/t)

L783538

Trench

600420

5317030

29.50

L784259

Trench

600184

5317433

18.80

L784260

Trench

600184

5317433

17.80

L783540

Trench

600403

5317039

14.50

L784261

Trench

600178

5317428

9.82

L783539

Trench

600420

5317030

9.51

L784258

Trench

600188

5317437

7.33

L784160

Outcrop

600394

5316985

5.76

L784278

Outcrop

600225

5317274

5.12

L783541

Trench

600413

5317038

3.29

L784296

Outcrop

600316

5317117

2.82

L784273

Outcrop

600196

5317507

1.60

L784253

Outcrop

600203

5317399

1.56

L784159

Outcrop

600394

5316985

1.39

L784174

Outcrop

600453

5316904

1.38

L784293

Outcrop

600319

5317134

0.67

L784297

Outcrop

600316

5317114

0.65

L784153

Outcrop

600300

5317051

0.61

L784257

Trench

600193

5317434

0.43

L784276

Outcrop

600185

5317486

0.37

L783537

Trench

600395

5317077

0.35

L784274

Outcrop

600186

5317483

0.35

L784254

Outcrop

600203

5317399

0.34

L784171

Outcrop

600468

5316966

0.21

L784277

Outcrop

600244

5317304

0.12

L784161

Outcrop

600428

5317002

0.12

L784151

Outcrop

600296

5317049

0.12

L784173

Outcrop

600451

5316893

0.12

L784178

Outcrop

600450

5317016

0.09

L784154

Outcrop

600298

5317053

0.07

L784169

Outcrop

600455

5316999

0.06

L784281

Outcrop

600196

5317219

0.04

L784252

Outcrop

600215

5317369

0.04

L784162

Outcrop

600302

5316997

0.03

L784167

Outcrop

600337

5317053

0.03

L784256

Outcrop

600216

5317408

0.03

L784272

Outcrop

600205

5317511

0.02

L784168

Outcrop

600450

5317008

0.02

L784179

Outcrop

600448

5317025

0.02

L784165

Outcrop

600454

5316963

0.02

L784157

Outcrop

600334

5317031

0.01

L784251

Outcrop

600194

5317346

0.01

L784282

Outcrop

600198

5317217

0.01

L784292

Outcrop

600359

5317123

0.01

L784158

Outcrop

600329

5317047

<0.01

L784166

Outcrop

600425

5316932

<0.01

L784177

Outcrop

600450

5317016

<0.01

L784299

Outcrop

600297

5317050

<0.01

L784152

Outcrop

600294

5317050

<0.01

L784176

Outcrop

600445

5316935

<0.01

L784279

Outcrop

600199

5317219

<0.01

L784284

Outcrop

600148

5317389

<0.01

L784285

Outcrop

600148

5317389

<0.01

L784294

Outcrop

600317

5317126

<0.01

L784295

Outcrop

600319

5317115

<0.01

L784156

Outcrop

600331

5317030

<0.01

L784163

Outcrop

600324

5316998

<0.01

L784164

Outcrop

600332

5316970

<0.01

L784170

Outcrop

600452

5316985

<0.01

L784172

Outcrop

600384

5316897

<0.01

L784187

Outcrop

600392

5317095

<0.01

 

About Canadian Gold Miner Corp
Canadian Gold Miner Corp. is a Canadian private corporation focused on exploring for gold in the Larder Lake Mining District near Kirkland Lake. The Company was founded by Transition to leverage its data, expertise and extensive portfolio of high quality gold projects within the district. CGM has assembled a dominant land position in excess of 165 square kilometres around the Cadillac Larder, Lincoln-Nipissing and Ridout Structures in the southwestern part of the prolific Abitibi Greenstone belt in Ontario. The Abitibi Greenstone belt is Canada's most prolific gold district with excellent mining infrastructure in place.

About Transition Metals Corp
Transition Metals Corp. (XTM -TSX.V) is a Canadian-based, multi-commodity project generator that specializes in converting new exploration ideas into Canadian discoveries. The award-winning team of geoscientists has extensive exploration experience in established, emerging and historic mining camps, and actively develops and tests new ideas for discovering mineralization in places that others have not looked, which often allows the company to acquire properties inexpensively. The company has an expanding portfolio that currently includes gold, copper, nickel and platinum projects primarily in Ontario, Nunavut, Northwest Territories, British Columbia, Saskatchewan and Minnesota that it seeks to advance through funding partnerships and subsidiary companies to maximize shareholder value. Transition Metals presently own approximately 50% of Canadian Gold Miner.

Qualified Person
The technical elements of this press release have been approved by Mr. Thomas Hart, P.Geo., V.P. Exploration for Canadian Gold Miner and a Qualified Person under National Instrument 43-101. All core samples were collected by Company representatives under the supervision of the Qualified Person and transported directly by the company to the lab. Transition Metals employs in-house QA/QC procedures that conform to industry best practices. All analytical work performed on core samples was conducted at ALS-Chemex with sample preparation completed in Sudbury, Ontario and analyses completed in North Vancouver, B.C. The quality system used by ALS-Chemex complies with international standards ISO 9001:2000 and ISO 17025:2005.

Cautionary Note on Forward-Looking Information
Except for statements of historical fact contained herein, the information in this news release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding estimated capital and operating costs, expected production timeline, benefits of updated development plans, foreign exchange assumptions and regulatory approvals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

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.

Figure 2. Lafond Shaft area showing Sample Locations and Values (CNW Group/Transition Metals Corp.)

SOURCE Transition Metals Corp.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/July2017/27/c2234.html

<  back


TickerTech.com Private-label branded pages powered by TickerTech.com. Copyright © 2017 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX/COMEX data is at least 30 minutes delayed. Please read other important disclaimer information.

"In the long run, digging for truth has always proved not only more interesting but more profitable than digging for gold." - George R. Harrison
Google
 

© Ticker Technologies, all rights reserved. Profitquotes.com is wholly owned by Ticker Technologies and serves to demonstrate the company's products to prospective clients. All quotes are in US Eastern Time (EST) and delayed at least 15 minutes. NYMEX/COMEX data delayed at least 30 minutes. Data is presented for informational purposes only and not intended for investment purposes. Nothing on this site should be considered advice, opinions, recommendations, or endorsements from ProfitQuotes.com or Ticker Technologies, Inc. Full Disclaimer.