Latest news with #Poeketi-Randy
Yahoo
15-05-2025
- Business
- Yahoo
Sranan Gold Announces High-Grade Gold from Grab Samples Collected at Poeketi Mines at Tapanahony Gold Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Sranan Gold Corp. (CSE: SRAN) (FSE: P84) ("Sranan" or the "Company") announces that it has received assays from sampling at the Tapanahony Gold Project in Suriname. All of the 25 grab samples collected by Sranan are anomalous in gold with the highest grades recording 108 grams per tonne (g/t) and 84 g/t (see Figures 1 and 2). 15 of the 25 samples graded greater than 1 g/t. The highest-grade gold samples are along the Poeketi structure and cover an exposed strike length of over 400 meters (see Figure 2). The sampling has been concentrated at the Poeketi mines area of the Poeketi-Randy gold trend (see Sranan's April 1, 2025 news release). Multiple mines are opened along the 4.5-kilometer gold trend and are being mined by members of the local community. The Poeketi mines were discovered in 2020 after a local resident found gold nuggets while planting crops. Initial mining was at the surface where coarse visible gold was encountered, and now local miners are engaged in underground mining via two active shafts to a depth of 22 and 80 meters. They are extending development to the northwest where there is a thicker cover of weathered material (see Figure 1). Figure 1: Looking northwest along strike of underground workings along the Poeketi structural zone. To view an enhanced version of this graphic, please visit: Figure 2: High-grade grab samples of vein material being mined by small-scale miners. To view an enhanced version of this graphic, please visit: At the Poeketi mines, gold is associated with multi-stage shearing and re-crystallization within a major fault system. Multiple fault fill veins, sheared and transposed extensional veins have been mapped and sampled within basaltic to volcanoclastic units proximal to a property-scale granitic contact, perhaps similar in setting to the Oko West gold discovery in northwest Guyana. Concurrently, crews are working on drill camp construction using local materials and deploying equipment. The technical team will continue mapping and sampling of the Poeketi mine extension to properly plan for the upcoming drill program. This work will be extended along the 4.5-kilometer Poeketi-Randy trend and extensions of this trend. Dr. Dennis LaPoint, EVP Exploration and Corporate Development of Sranan Gold, commented: "These results have exceeded our expectations. The high-grade nature of the mineralization and the complex structural setting are indicative of a potentially significant mineralizing system. These grab sample results, along with recent mapping, are advancing our understanding of the mineralization as well as the lithologic and structural controls, which will be key during our upcoming drilling program and to extend the Poeketi trend to areas covered by laterite." Samples were shipped to the Filab lab in Suriname. All samples >2 g/t were re-assayed with 50 gm re-assay and gravimetric assay. Standard QA/QC procedures were followed which showed a satisfactory level of reproducibility. Grab samples indicate promising evidence of high-grade gold. Channel sampling, trenching and drilling are the steps to determine average grade and thickness. The Company notes that grab samples are selected samples and may not represent true underlying mineralization. Qualified Person Dr. Dennis J. LaPoint, Ph.D., a "qualified person" as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company's EVP Exploration and Corporate Development. About Sranan Gold Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened. Sranan Gold is also exploring its Aida Property consisting of five mineral claims covering an area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division. For more information, visit Information contactOscar Louzada, CEO+31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. 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Associated Press
15-05-2025
- Business
- Associated Press
Sranan Gold Announces High-Grade Gold from Grab Samples Collected at Poeketi Mines at Tapanahony Gold Project in Suriname
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Sranan Gold Corp. (CSE: SRAN) (FSE: P84) ('Sranan' or the 'Company') announces that it has received assays from sampling at the Tapanahony Gold Project in Suriname. All of the 25 grab samples collected by Sranan are anomalous in gold with the highest grades recording 108 grams per tonne (g/t) and 84 g/t (see Figures 1 and 2). 15 of the 25 samples graded greater than 1 g/t. The highest-grade gold samples are along the Poeketi structure and cover an exposed strike length of over 400 meters (see Figure 2). The sampling has been concentrated at the Poeketi mines area of the Poeketi-Randy gold trend (see Sranan's April 1, 2025 news release). Multiple mines are opened along the 4.5-kilometer gold trend and are being mined by members of the local community. The Poeketi mines were discovered in 2020 after a local resident found gold nuggets while planting crops. Initial mining was at the surface where coarse visible gold was encountered, and now local miners are engaged in underground mining via two active shafts to a depth of 22 and 80 meters. They are extending development to the northwest where there is a thicker cover of weathered material (see Figure 1). [ This image cannot be displayed. Please visit the source: ] Figure 1: Looking northwest along strike of underground workings along the Poeketi structural zone. To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] Figure 2: High-grade grab samples of vein material being mined by small-scale miners. To view an enhanced version of this graphic, please visit: At the Poeketi mines, gold is associated with multi-stage shearing and re-crystallization within a major fault system. Multiple fault fill veins, sheared and transposed extensional veins have been mapped and sampled within basaltic to volcanoclastic units proximal to a property-scale granitic contact, perhaps similar in setting to the Oko West gold discovery in northwest Guyana. Concurrently, crews are working on drill camp construction using local materials and deploying equipment. The technical team will continue mapping and sampling of the Poeketi mine extension to properly plan for the upcoming drill program. This work will be extended along the 4.5-kilometer Poeketi-Randy trend and extensions of this trend. Dr. Dennis LaPoint, EVP Exploration and Corporate Development of Sranan Gold, commented: 'These results have exceeded our expectations. The high-grade nature of the mineralization and the complex structural setting are indicative of a potentially significant mineralizing system. These grab sample results, along with recent mapping, are advancing our understanding of the mineralization as well as the lithologic and structural controls, which will be key during our upcoming drilling program and to extend the Poeketi trend to areas covered by laterite.' Samples were shipped to the Filab lab in Suriname. All samples >2 g/t were re-assayed with 50 gm re-assay and gravimetric assay. Standard QA/QC procedures were followed which showed a satisfactory level of reproducibility. Grab samples indicate promising evidence of high-grade gold. Channel sampling, trenching and drilling are the steps to determine average grade and thickness. The Company notes that grab samples are selected samples and may not represent true underlying mineralization. Qualified Person Dr. Dennis J. LaPoint, Ph.D., a 'qualified person' as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company's EVP Exploration and Corporate Development. About Sranan Gold Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened. Sranan Gold is also exploring its Aida Property consisting of five mineral claims covering an area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division. For more information, visit Information contact Oscar Louzada, CEO +31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute 'forward-looking statements' or 'forward-looking information' within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as 'may', 'would', 'could', 'will', 'intend', 'expect', 'believe', 'plan', 'anticipate', 'estimate', 'scheduled', 'forecast', 'predict' and other similar terminology, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. To view the source version of this press release, please visit
Yahoo
06-05-2025
- Business
- Yahoo
Sranan Gold Announces Preparations for Initial Drilling Campaign Are Underway Following Positive Engagement with Local Community in Suriname
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2025) - Sranan Gold Corp. (CSE: SRAN) (FSE: P84) ("Sranan" or the "Company") announces that work has commenced in preparation for the Company's upcoming initial drilling campaign at the Tapanahony Gold Project in Suriname. Sranan geologists and crew are in the field to sample the active workings generated by local miners. This work will be extended along the 4.5 km Poeketi-Randy trend and then extensions of this trend. Sranan has purchased two Hydracore 2000 drills which are expected to arrive in Suriname in late May with phase 1 drilling expected to commence in the second quarter of 2025, after field evaluation and camp construction. The Company's decision to acquire its own drills is a result of expanding gold potential based on re-evaluation of historical data and the Lidar data and Sranan interpretation, which suggests three parallel zones of mineralization. The Company is increasing its initial 1,500-meter drilling campaign to 10,000 meters. The acquisition of drills will assist in expediting the drill program and is also expected to significantly reduce drilling cost. Johnston Exploration Consulting, a drilling team with extensive in-country experience and a proven record of drill performance, has been contracted to improve efficiency of the drill program. Engagement with community leaders of the nearby Poeketi Village brings the community's skills, regional knowledge and manpower to aid in the Company's exploration efforts. Dr. Dennis LaPoint, EVP Exploration and Corporate Development of Sranan Gold, commented: "Our team of local geologists is working with members of the local community and drawing upon their skills and knowledge. Knowledge of ongoing sampling and mapping in areas of active mining by local members of the community is invaluable and will contribute to our drill results." Qualified Person Dr. Dennis J. LaPoint, Ph.D., a "qualified person" as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint is not independent of Sranan Gold, as he is the Company's EVP Exploration and Corporate Development. About Sranan Gold Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened.
Associated Press
01-04-2025
- Business
- Associated Press
Peak Minerals Announces New Lidar Survey at the Tapanahony Project in Suriname
Lidar survey being used to plan upcoming drilling program and develop new targets for evaluation Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Peak Minerals Ltd. (CSE: PEK) ('Peak' or the 'Company'), announces that ground work has started in preparation for an upcoming drill program at its Tapanahony Project in Suriname. The Tapanahony Project, located in the eastern part of the Marowijne greenstone belt, is a highly prospective exploration property located on both sides of the Tapanahony River in Suriname. Peak contracted with Altoa of French Guiana to conduct a high-resolution Light Detection and Ranging (Lidar) survey. Altoa is in the process of completing the survey and has provided provisional datasets to aid in drill planning and interpretation. An aim of the Lidar survey is to acquire high-resolution geospatial data for topographic mapping and detailed terrain analysis. The resulting data significantly supports ongoing drill planning by providing accurate terrain models, and enhancing the understanding of surface features essential for project planning, exploring, drilling and decision-making processes. Roads, trails and areas of mining by the local community are highly visible and accurately located (Figure 1). Dr. Dennis LaPoint, Peak's Suriname Country Manager, commented: 'In preparation for the upcoming drill program planned in the next few months, a Lidar survey, sampling, field mapping and logistical ground work are underway. The Lidar results have uncovered three parallel structures to the north and south of the existing visible previously drilled structure, significantly enlarging the existing targets. Lidar resolution also better defined mineralized structures, timing of structural events, and the evolution of the landscape allowing us to more efficiently explore.' Figure 1: Mineralized corridor of the Randy-Poeketi trend. To view an enhanced version of this graphic, please visit: Lidar interpretation has identified at lease three levels of terraces developed during sea level change. The Tapanahony River is eroding and dissecting these terraces and as Figure 2 illustrates, the Randy trend and a parallel trend noted in historical auger data is not visible southeast of the Randy's Pit because a high-level older terrace covers the gold mineralization. This observation warrants significant additional exploration of the Poeketi-Randy trend along strike to southeast and northwest and will be used in exploration methodology for drill evaluation. Figure 2: Two mineralized trends parallel to the Randy's Pit with high level terrace identified by Lidar survey to southeast. To view an enhanced version of this graphic, please visit: In this deeply weathered environment, lithologies and structure are obscured when mapping, but are visibly shown on the Lidar survey. In Figure 3, a contact of the volcanic-sedimentary rocks with a granitic intrusion is easily recognized by the contrasting topographic expression. Near this contact are a cluster of workings in weathered bedrock produced by local miners. Like other deposits on the Guiana Shield, such as at Founders Metals' Antino Project (see Founders Metals website, March 25, 2025, Combes technical presentation), multiple host structures and lithologies for gold are being located for further evaluation and drilling at Peak's Tapanahony Project. [ This image cannot be displayed. Please visit the source: ] Figure 3: Two mineralized trends around granite-volcanic-sedimentary rock contact with new pits mapped from new Lidar elevation model. To view an enhanced version of this graphic, please visit: Qualified Person Dr. Dennis J. LaPoint, Ph.D., a 'qualified person' as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint has reviewed and verified the data disclosed in this release and no limitations were imposed on his verification process. About Peak Minerals Peak Minerals Ltd. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration on the Aida Project. The Aida Property consists of 5 mineral claims covering an area of 2,335.42 ha located on the Shuswap Highland within the Kamloops Mining Division. Peak Minerals is also actively exploring the highly prospective Tapanahony Project located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5km trend where several areas of mining have been opened. On Behalf of the Board of Directors Jonathan Yan Director Information Contact Oscar Louzada, CEO +31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute 'forward-looking statements' or 'forward-looking information' within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's future exploration plans. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as 'may', 'would', 'could', 'will', 'intend', 'expect', 'believe', 'plan', 'anticipate', 'estimate', 'scheduled', 'forecast', 'predict' and other similar terminology, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.
Yahoo
01-04-2025
- Business
- Yahoo
Peak Minerals Announces New Lidar Survey at the Tapanahony Project in Suriname
Lidar survey being used to plan upcoming drilling program and develop new targets for evaluation Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Peak Minerals Ltd. (CSE: PEK) ("Peak" or the "Company"), announces that ground work has started in preparation for an upcoming drill program at its Tapanahony Project in Suriname. The Tapanahony Project, located in the eastern part of the Marowijne greenstone belt, is a highly prospective exploration property located on both sides of the Tapanahony River in Suriname. Peak contracted with Altoa of French Guiana to conduct a high-resolution Light Detection and Ranging (Lidar) survey. Altoa is in the process of completing the survey and has provided provisional datasets to aid in drill planning and interpretation. An aim of the Lidar survey is to acquire high-resolution geospatial data for topographic mapping and detailed terrain analysis. The resulting data significantly supports ongoing drill planning by providing accurate terrain models, and enhancing the understanding of surface features essential for project planning, exploring, drilling and decision-making processes. Roads, trails and areas of mining by the local community are highly visible and accurately located (Figure 1). Dr. Dennis LaPoint, Peak's Suriname Country Manager, commented: "In preparation for the upcoming drill program planned in the next few months, a Lidar survey, sampling, field mapping and logistical ground work are underway. The Lidar results have uncovered three parallel structures to the north and south of the existing visible previously drilled structure, significantly enlarging the existing targets. Lidar resolution also better defined mineralized structures, timing of structural events, and the evolution of the landscape allowing us to more efficiently explore." Figure 1: Mineralized corridor of the Randy-Poeketi trend. To view an enhanced version of this graphic, please visit: Lidar interpretation has identified at lease three levels of terraces developed during sea level change. The Tapanahony River is eroding and dissecting these terraces and as Figure 2 illustrates, the Randy trend and a parallel trend noted in historical auger data is not visible southeast of the Randy's Pit because a high-level older terrace covers the gold mineralization. This observation warrants significant additional exploration of the Poeketi-Randy trend along strike to southeast and northwest and will be used in exploration methodology for drill evaluation. Figure 2: Two mineralized trends parallel to the Randy's Pit with high level terrace identified by Lidar survey to southeast. To view an enhanced version of this graphic, please visit: In this deeply weathered environment, lithologies and structure are obscured when mapping, but are visibly shown on the Lidar survey. In Figure 3, a contact of the volcanic-sedimentary rocks with a granitic intrusion is easily recognized by the contrasting topographic expression. Near this contact are a cluster of workings in weathered bedrock produced by local miners. Like other deposits on the Guiana Shield, such as at Founders Metals' Antino Project (see Founders Metals website, March 25, 2025, Combes technical presentation), multiple host structures and lithologies for gold are being located for further evaluation and drilling at Peak's Tapanahony Project. Figure 3: Two mineralized trends around granite-volcanic-sedimentary rock contact with new pits mapped from new Lidar elevation model. To view an enhanced version of this graphic, please visit: Qualified Person Dr. Dennis J. LaPoint, Ph.D., a "qualified person" as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint has reviewed and verified the data disclosed in this release and no limitations were imposed on his verification process. About Peak Minerals Peak Minerals Ltd. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration on the Aida Project. The Aida Property consists of 5 mineral claims covering an area of 2,335.42 ha located on the Shuswap Highland within the Kamloops Mining Division. Peak Minerals is also actively exploring the highly prospective Tapanahony Project located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5km trend where several areas of mining have been opened. On Behalf of the Board of Directors Jonathan YanDirector Information Contact Oscar Louzada, CEO+31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's future exploration plans. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. To view the source version of this press release, please visit Sign in to access your portfolio
