Key facts
| Company | Volcanic Gold Mines Inc. (TSXV: VG) |
|---|---|
| Location | Guatemala |
| Stage | Early exploration |
News releases6 on file
Volcanic Gold provides update on drilling at Motagua Norte property, and recent developments in Guatemala
The first-pass drilling campaign at the Motagua Norte Project in Guatemala has concluded, with 13 holes drilled testing a range of targets. Results received from the initial holes testing vertical and north-dipping veins at and near the Veta Madre Fault indicate the gold-bearing quartz boulders at the Mila target did not originate from these structures; assays are pending for the final four holes,
Drill resultsVolcanic Gold provides update on drilling at Motagua Norte property, Guatemala
The first two diamond drill holes (MIDD-24-04 and 05) at the Mila target on the Motagua Norte project in Guatemala cut the broad Veta Madre Fault but returned no anomalous samples, indicating the gold-bearing colluvium fields did not originate from that structure. Mapping upslope to the south identified another large quartz structure, Veta Padre, with visible gold in narrow south-dipping veins bet
Drill resultsVolcanic Gold provides further update on drilling at Motagua Norte property, Guatemala
Two drill holes have now been completed across the Veta Madre Fault Zone at the Motagua Norte project in Guatemala, a joint venture with Radius Gold. Hole MIDD-24-004 passed through 98 m of serpentinite, reaching the fault zone about 120 m below surface, and remained in veining and stockwork schists for 63 m to 161 m; MIDD-24-005, 100 m along strike west, cut 39 m of altered rock with strong stock
Drill resultsVolcanic Gold update on drilling at Mila Gold Discovery, Guatemala
First-pass drilling at the Motagua Norte Project in Guatemala, a joint venture with Radius Gold, has cut 6 m to 15 m of colluvium composed of quartz and schist float, locally bearing visible gold, before passing into a serpentinite package, indicating the gold-bearing boulders moved downslope from a structural corridor named the Veta Madre Fault Zone. Drilling of the Mila zone target within that c
Drill resultsVolcanic Gold Mines and Radius Gold receive shareholder and Exchange approval of Motagua Norte project option
Shareholders of both companies and the TSX Venture Exchange have approved an amended option agreement between Volcanic Gold Mines and Radius Gold that adds the Motagua Norte project in Guatemala in exchange for the Banderas project, with disinterested shareholder approval obtained at annual general meetings held December 14, 2023. Volcanic can earn a 60% interest in the Holly and Motagua Norte pro
AcquisitionVolcanic Gold Mines commences drilling at the Mila Gold Discovery, Guatemala
First-pass diamond drilling has begun at the Mila Gold Discovery within the Motagua Norte Project in central Guatemala, with 1,000 to 3,000 m planned to test the width, grade and geometry of gold mineralization. Mila is defined over a 250 m by 600 m area; of about 420 surface rock chip samples, over one hundred exceeded 10 g/t gold, twenty-one exceeded 100 g/t gold, to a maximum of 692 g/t gold. V
Drill results