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The Drill Down: Best Gold Assays (July 26-August 2)

The latest data, identified using the Mining Intelligence platform, reveals a series of impressive gold assays from various exploration and production stages around the world.

This week’s drill down focuses on the top gold assay results from July 26 – August 2, highlighting notable findings from Emerald Resources, Lundin Gold, and Kinross Gold. These results underscore the diverse geological settings and exploration strategies that are driving success in the gold mining industry. From high-grade, near-surface deposits to extensive mineralized zones, the projects featured this week demonstrate the dynamic nature of gold exploration and the potential for significant economic impact.

Memot

Emerald Resources’ Memot project in Cambodia reported an intersection of 348.76 g/t  gold at 6.00 meters starting from a depth of 125.00 meters. This exceptional result emphasizes Memot’s potential as a high-grade gold deposit with substantial near-surface mineralization. The Memot project is a key asset for Emerald Resources, showcasing consistent high-grade results that suggest significant potential for resource expansion. The company is focused on extending known mineralized zones and exploring new targets within the Memot complex to enhance the project’s economic viability and long-term production profile. Emerald Resources’ strategic approach aims to delineate further high-grade zones and understand the project’s geology better, which could lead to substantial resource growth.

Fruta del norte

At the Fruta del Norte project in Ecuador, Lundin Gold reported an assay of 27.04 g/t gold over 30.10 meters from a depth of 18.10 meters. This result highlights the high-grade potential of the Fruta del Norte project. Located in southeast Ecuador, the project has demonstrated significant promise as a high-grade gold resource. Lundin Gold is advancing the project through systematic exploration and resource delineation to establish a substantial and economically viable gold resource. The high-grade nature of this intersection suggests the possibility of significant economic returns from future mining operations. Lundin Gold’s exploration efforts aim to uncover additional high-grade zones and expand the resource base, positioning Fruta del Norte as a key contributor to the company’s growth and the broader gold mining sector in Ecuador.

Great Bear

Kinross Gold’s Great Bear project in Canada reported an assay of 23.76 g/t gold over 13.80 meters from a depth of 1552.90 meters. This intersection underscores the project’s potential for high-grade gold production. Located in the Red Lake district of Ontario, the Great Bear project benefits from excellent infrastructure and a supportive mining jurisdiction. Kinross Gold has been advancing the project through detailed drilling and development programs, aiming to define a robust resource base. The extensive nature of the mineralization at Great Bear positions it as a significant project for Kinross Gold. The company’s strategic exploration efforts focus on both high-grade and bulk tonnage targets, enhancing the project’s overall value proposition. With continued exploration success, Kinross Gold aims to further delineate the resource and advance Great Bear towards potential production.

These assay results from Emerald Resources, Lundin Gold, and Kinross Gold highlight the ongoing exploration efforts and potential of their respective projects. As these companies continue to advance their projects, further developments and contributions to the mining sector are anticipated. The promising assay results not only reflect the success of current exploration strategies but also underscore the potential for future growth and resource expansion within these projects. As the mining industry evolves, these projects serve as examples of the dynamic and promising nature of gold exploration across different regions.

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Chris Berry

Vice-President Sales

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