Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Honey Badger Exploration Inc.

Publié le 03 septembre 2014

Honey Badger Continues to Expand Sagar Property Potential: New Gold Showing Discovered

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Cobalt | Copper | Precious Metals |

Honey Badger Continues to Expand Sagar Property Potential: New Gold Showing Discovered

TORONTO, ONTARIO--(Marketwired - Sep 3, 2014) - Honey Badger Exploration Inc. (TSX VENTURE:TUF) ("Honey Badger" or the "Company") reports that its 2014 Summer exploration program continues to highlight the potential for a polymetallic Iron Oxide Copper Gold ("IOCG") discovery at its Sagar Property in Northern Québec. Initial assay results from the Delhi Pacific showing indicate up to 0.89% copper, 0.5 grams per ton gold and 2.42 grams per ton silver.

Delhi Pacific Showing

An inferred extension related to the Delhi Pacific trend mineralized structure was intersected in a drill hole on the Chibtown area, 2 kilometres south-southeast of the Delhi Pacific showing. The results from that intersection were reported on August 13, 2014. The significant assay results for holes DP14-03 and DP14-04 from the Delhi Pacific showing are presented below. Assay results for Holes DP14-05 and DP14-06 are still pending.

Drill Hole From (m) To (m) Length* (m) Copper
(Cu) (%)
Gold
(Au) (g/t)
Silver
(Ag) (g/t)
DP14-03 160 175.28 15.28 0.57
DP14-03 205.15 216.76 11.61 0.89 0.50 1.95
DP14-04 228.04 257.5 29.46 0.80 0.34 2.42

*Lengths reported above in metres ("m") are drill intersected core and do not represent true widths.

Drilling of the Delhi Pacific showing was undertaken to both confirm the extent and grades of the historically reported mineralization and to extend the mineralization at depth and along strike. The Delhi Pacific mineralized trend forms a 3 kilometre long geophysical anomaly and remains open at depth and along strike. The polymetallic signature (copper, silver, and gold) of the Delhi Pacific mineralization is further evidence of the interpreted IOCG model across the Sagar property.

New Lode Gold Showing at Sagar

The summer exploration program traced magnetic anomalies of various sizes throughout the property. Approximately 1.7km northwest and along strike of the Delhi Pacific showing a series of oxidized quartz veins were observed. These quartz veins consisted of iron carbonates, calcite, milky quartz, pyrite and chalcopyrite.

The veins vary from 0.3 metres to greater than 2 metres in thickness and are on surface. The vein system exists in a shear zone that was traced on surface for over 130 metres and is visible in air photos for over 700 metres. The quartz veins have a magnetic signature that was mapped continuously over 330 metres using a ground magnetometer.

A number of samples were taken both along strike and from different veins. X-ray fluorescence ("XRF") and X-ray diffraction ("XRD") measurements were taken on all samples and indicate intense chloritic and iron carbonate alteration. One smokey quartz bedrock sample was sent for assay as part of the Company's quality control procedures and the following results have been received:

Sample Gold
(Au) (g/t)
Silver (Ag) (g/t)
R342662 1915 48.9

This sample has the highest gold values observed at the Sagar property to date (61.57 ounces/ton)*. Currently the sample is being re-assayed for precious metals and complete mineralogy. Additional samples from the new zone will be sent for assay during the anticipated fall drill program.

*This bedrock sample was a selective sample chosen to test for the presence of gold as neither the XRF nor the XRD are considered reliable for this metal. The grades and mineralization present are not necessarily representative of other mineralization that may be identified on the property.

Quartz carbonate vein deposits are one of the most significant sources of gold worldwide (cf. Barley and Groves, 1992; Condie, 1998, Kerrich et al., 2000; Goldfarb et al., 2001). Given the observed metallic content (iron, pyrite, chalcopyrite) of the quartz veins additional ground magnetics and an Induced Polarisation ("IP") survey will be planned during the fall exploration program.

On-site Quality Assurance/Quality Control ("QA/QC") Measures

All samples were shipped to ALS Minerals Division preparation laboratory in Timmins Ontario. Analyses are being performed in the ALS laboratory in Vancouver, British Columbia All core samples were selected by the Honey Badger site geologist, and were cut in half by diamond core saw. Individual samples were labelled, placed in plastic sample bags and sealed. Groups of samples were then placed into durable rice bags that were shipped out when ready. The remaining coarse reject portions of the samples will remain in storage at the ALS in Vancouver as required in the event that further work or verification is needed.

Independent Quality Assurance and Quality Control ("QA/QC") Protocol

A QA/QC program is implemented to monitor all assays from the Summer drilling program. Samples were assembled in batches and were continuously leaving the site for immediate testing. Included in each batch of samples are certified reference standards every 20 samples and blank samples comprised of sterile drill core inserted randomly (approximately every 20-30 samples).

About the Sagar Property

The Sagar Property is comprised of a series of claims totaling 107 square kilometres within the Labrador Trough, 200 kilometres north of Shefferville, Québec. Historically, the property has had high-grade gold and copper showings. It also includes extensive, untested copper and cobalt soil anomalies, which are all potential targets for copper and cobalt mineralized zones. Historical drilling of a small copper soil anomaly in 2007 produced 6.7 metres @ 2.46% copper and 1.50 metres @ 0.25 g/t gold.

Honey Badger has an earn-in option with Energizer Resources Inc. to initially acquire a 35% interest in the Sagar Property with an option to acquire up to 100% in consideration of cash payments, share issuances and work commitment expenditures as outlined in the News Release dated August 5, 2014.

Qualified Person

Quentin Yarie, P.Geo is the qualified person in regard to the technical data contained within this news release and will be responsible for overseeing all aspects of the Company's exploration programs.

About Honey Badger Exploration Inc.

Honey Badger Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada with properties in Québec and British Columbia. The company's common shares trade on the TSX Venture Exchange under the symbol "TUF".

For more information, please visit our website at http://www.honeybadgerexp.com.

Neither 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.

This News Release contains forward-looking statements. Forward-looking statements are statements that relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Lire la suite de l'article sur finance.yahoo.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Honey Badger Exploration Inc.

EXPLORATEUR
CODE : TUF.V
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Honey Badger est une société d’exploration minière d'argent et d'or basée au Canada.

Honey Badger détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont BUCKSKIN NORTH, BLACKJACK PROPERTY et ROULETTE PROPERTY en USA et LIMONITE CREEK, STEALTH et WARM SPRINGS au Canada.

Honey Badger est cotée au Canada. Sa capitalisation boursière aujourd'hui est 6,6 millions CA$ (5,2 millions US$, 4,6 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 0,20 CA$, et son plus bas niveau récent le 15 mai 2020 à 0,01 CA$.

Honey Badger possède 100 788 849 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de Honey Badger Exploration Inc.
2007 Annual Report
Nominations de Honey Badger Exploration Inc.
24/09/2013Appoints New Chairman of the Board and Officers
13/09/2013Announces Resignation of President and CEO
04/07/2011Announces Results of Annual Meeting of Shareholders and Meet...
11/02/2008Announces Appointment of New Management and Directors
Projets de Honey Badger Exploration Inc.
09/05/2011(Blackjack Property)Announces Sale of Nevada Blackjack Property to Entree Gold
08/06/2010(Blackjack Property)Commences Drill Program
03/03/2010(Blackjack Property)& Entrée Gold to Drill Copper-Molybdenum Targets
28/02/2008(Iron Cap)Significantly Expands Iron Cap Property Land Position in Cop...
Communiqués de Presse de Honey Badger Exploration Inc.
26/01/2016Honey Badger Acquires Additional Claims in the LG Diamond Pr...
29/09/2015Honey Badger Exploration Announces Acquisition of LG Diamond...
26/08/2015Honey Badger Exploration Announces Appointment of New Chief ...
25/08/2015Honey Badger Exploration Announces Appointment of New Chief ...
02/03/2015Honey Badger Continues to Expand IOCG Potential at its Sagar...
27/02/2015Honey Badger Continues to Expand IOCG Potential at Its Sagar...
23/02/2015Honey Badger Exploration to Exhibit at the 2015 PDAC Interna...
09/01/2015Honey Badger to Exhibit at the 2015 Vancouver Resource Inves...
12/12/2014Honey Badger Announces Closing of Private Placement
19/11/2014Honey Badger Provides Sagar Exploration Update
03/11/2014Honey Badger Revises Terms and Extends Private Placement Fin...
09/10/2014Honey Badger Provides Update on Current Exploration Program ...
26/09/2014Honey Badger Extends Closing Date of Private Placement Finan...
23/09/2014Honey Badger Provides Exploration and Financing Overview
10/09/2014With Insights From Summer Exploration, Honey Badger Outlines...
03/09/2014Honey Badger Continues to Expand Sagar Property Potential: N...
15/08/2014Honey Badger Exploration Inc.: Update on Previously Announce...
14/08/2014Honey Badger Provides Exploration Update at Sagar
05/08/2014Honey Badger Exploration Announces New Terms of Sagar Proper...
16/07/2014Honey Badger Targets Potential IOCG (Iron Oxide Copper Gold)...
07/07/2014Honey Badger Exploration Announces Results from its Annual G...
03/07/2014Honey Badger Identifies Geochemistry Associated With IOCG (I...
25/06/2014Honey Badger Announces Brokered Private Placement
29/05/2014Honey Badger Files Preliminary Short Form Prospectus for New...
14/05/2014Honey Badger Completes Winter Exploration Program on Sagar I...
12/07/2013Identifies Potential for New Gold Zones on Radisson Property...
31/05/2013Announces Proposed Consolidation and Advance Notice Provisio...
22/03/2013Begins Drilling Gold Targets on Radisson
01/03/2012to Exhibit at the 2012 PDAC International Trade Show & Inves...
28/02/2012Successful Soil Sampling Program Outlines 18 Gold Targets fo...
07/06/2011Re: Postal Disruption-Please See Alternative Voting Procedur...
30/05/2011Announces Proposed Share Consolidation at Upcoming Annual an...
26/08/2009Finalizes Agreement with Entrée Gold
02/05/2006$1 million financing closes
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (TUF.V)
0,065+0.00%
TSX-V
CA$ 0,065
28/06 12:57 -
0%
Cours préc. Ouverture
0,065 0,065
Bas haut
0,065 0,065
Année b/h Var. YTD
0,045 -  0,090 -18,75%
52 sem. b/h var. 52 sem.
0,045 -  0,105 -35,00%
Volume var. 1 mois
30 000 -7,14%
24hGold TrendPower© : -37
Produit
Développe
Recherche Copper - Gold - Molybdenum
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 03/03/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
2022-50,00%
202185,71%0,180,06
2020366,67%0,100,01
2019-50,00%0,050,01
2018-53,85%0,200,03
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,58 AU$+2,71%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,83 AU$-4,07%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
0,47 US$-7,33%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-10,32%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,02 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
3,00 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
8,71 CA$-1,02%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,30 CA$+7,14%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,25 AU$+4,17%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,79 CA$-6,28%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
59,37 US$+2,73%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+0,00%Trend Power :