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Europacific Metals Inc (AUCCF) is a Canadian public company focused on gold and copper-gold projects in Portugal. The company owns the Borba 2 exploration properties covering 328 sq km in Alentejo. Recent achievements include awarding a drilling contract to SPI for the Miguel Vacas Copper project. With experienced technical teams and ongoing drill programs to confirm mineral extensions, Europacific Metals is at the forefront of exploring and developing valuable mineral resources in the region.
Goldplay Mining announced significant drill results from the Phase 1 drilling program at the Aparis Copper Mine in Southern Portugal. The highlights include a drill intercept of 1.18% Copper over 12.2 meters, with notable sections of 2.33% Copper over 5.5m and 5.5% Copper over 2m. Additionally, a gold-bearing structure was discovered 140m west of the copper zone, with an average of 5.87g/t Gold over 2m. The company is excited about the broad mineralized copper zone and plans further exploration to deepen and extend the mineralized system.
Goldplay Mining has successfully completed a non-brokered private placement, raising $150,000 by issuing 1,000,000 shares at $0.15 each. The offering, which does not incur any finders' fees, is pending approval from the Toronto Stock Exchange Venture. Shares are subject to a four-month hold period expiring on August 12, 2022. Goldplay Mining operates significant gold and copper-gold projects in British Columbia and Portugal, with potential for substantial mineral discoveries.
Goldplay Mining announced the appointment of Robert Cinits, P.Geo, as the Senior Exploration Manager, enhancing its technical team. Cinits brings over 36 years of mineral industry experience, having worked on significant projects worldwide. His past roles include managing Oyu Tolgoi in Mongolia and advancing Ann Mason in Nevada. Cinits will oversee exploration strategies in British Columbia and advise on projects in Portugal. President & CEO Catalin Kilofliski emphasizes Cinits’ expertise in exploration as crucial for upcoming drill programs.
Goldplay Mining has announced the positive results from its initial drilling program at the historical Aparis Copper Mine in Portugal. Key highlights include the discovery of near-surface gold mineralization, with a drill intercept of 5.87 g/t Au over 2 m. The mineralized system is linked to a significant vein system extending over 5 km. This project is located 160 km from a major copper smelter in Spain, enhancing its production potential. Goldplay aims to continue drilling to evaluate the prospects for both copper and gold production.
Goldplay Mining has successfully completed two independent NI 43-101 Technical Reports for its Big Frank and Goldstorm South Projects in southwestern British Columbia. This milestone marks the first instance of such reports being completed for these projects. The reports have been filed on Sedar and are also available on the company's website. The completion of these reports is crucial for assessing exploration potential and guiding future operations for Goldplay Mining.
Goldplay Mining has announced promising results from its 2021 field program at the Goldstorm South Project in British Columbia. The program revealed the Travler Gold vein system with an assay of 21.8 g/t gold and 20.6 g/t silver. Additionally, three gold showings were identified along a 2.6 km unexplored area connected to the regional Tchaikazan fault system. The Fly porphyry prospect showed copper grades of up to 1.77%. A drill permit has been submitted for further exploration in 2022, indicating potential for significant mineral discoveries.
Goldplay Mining Inc. (OTCQB: AUCCF) announces significant findings from its 2021 field program at the Big Frank Project in British Columbia. Highlights include:
- 16 g/t gold and 1162 g/t silver from a newly discovered vein.
- 37.3 g/t gold, 174 g/t silver, and 4.3% copper confirming mineralization at Conductor F zone.
- A $1.5 million budget set for the 2022 drilling campaign.
Preparations for drilling are underway, with permits submitted and local First Nations engaged for the summer campaign.
Goldplay Mining (TSXV:AUC, OTCQB:AUCCF) announced positive results from its 2021 field program on the Scottie West Project in BC's Golden Triangle. Key highlights include rock samples from various locations, revealing gold assays up to 5.90 grams per tonne (gpt) and 155 gpt silver. The exploration program, despite budget constraints—spending approximately $200,000 instead of the planned $400,000—identified promising mineralization that supports further investigation. Goldplay's findings align with nearby successful mining operations, enhancing the project's potential.
Goldplay Mining Inc. (TSXV:AUC)(OTCQB:AUCCF) has successfully completed a non-brokered private placement, raising $610,000 from two institutional investors. The placement involved the issuance of 3,588.236 flow-through units priced at $0.17 each. Each unit consists of one flow-through share and a warrant, allowing the purchase of an additional share at $0.20 until November 24, 2022. Funds will be directed towards exploration projects in British Columbia.
Goldplay Mining has initiated drilling at the historical Aparis Copper Mine in Portugal, aiming to define a broader copper zone averaging over 10m in thickness. The mine, previously operational until 1975, has extensive underground development and a significant vein system. Initial drilling will cover approximately 1,000m. The project is backed by local community support and is strategically located less than 160Km from a major copper smelter. This venture could enhance Goldplay's position in the copper market, contributing to the European Union's growing demand for metal production.
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