| "Heat Engine" May Link Growing Pipeline of Targets At Crystal Lake's Newmont Lake Project | |
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VANCOUVER , Feb. 12, 2019 /CNW/ - Crystal Lake Mining Corporation (TSXV: CLM, the "Company" or "Crystal Lake") is pleased to provide an update on the latest understanding of the mineral system model for the variety of occurrences and exploration targets within the 430 sq. km Newmont Lake Project along the western flank of the Eskay Rift – one of the largest land packages in this prolific district. - Ongoing reinterpretation by Crystal Lake's technical team of historical and recent released data indicate the potential for a linkage between the historic Northwest gold zone, the Ken-Glacier-O'Neill mineral zone (KGO) approximately 3 km to the north, and other adjacent occurrences along this trend. These exploration targets show potential to host high-grade systems and may be genetically linked to a cluster of granitoid intrusions that comprise part of a "Heat Engine" along the Newmont Lake Graben structure in the heart of the property;
- Within this geological framework, Crystal Lake has a focus on the discovery of mineral deposit types including but not limited to high-grade gold, copper-gold porphyry, skarn and volcanogenic massive sulphide types;
- A total of 22 separate mineral occurrences have been outlined historically across the project area. Rapidly receding snowfields, advances in technology, and a much greater understanding of the regional geology leads the Crystal Lake team to believe that the Newmont Lake Project will emerge as a "jewel" of the Golden Triangle in 2019;
- Crystal Lake looks forward to providing a series of updates including more results from last fall's programs, notably from the Company's first drilling at Burgundy Ridge and the Northwest zone, as the month progresses.
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Romios Gold Resources Inc
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PRODUCER |
CODE : RG.V |
ISIN : CA7759041055 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Romios Gold Res. is a gold producing company based in Canada. Romios Gold Res. holds various exploration projects in Canada. Its main asset in production is SCOSSA GOLD in USA and its main exploration properties are LA CORNE, SEAGOLD, LUNDMARK-AKOW LAKE, CRY LAKE (NIZI CREEK), JW PROPERTY, TIMMINS HISLOP, TREK, NEWMONT LAKE and ROYCE/PORC in Canada. Romios Gold Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.5 millions as of today (US$ 2.0 millions, € 1.8 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.02, and its lowest recent point on March 28, 2024 at CA$ 0.02. Romios Gold Res. has 167 270 000 shares outstanding. |