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First Phosphate Corp. (CSE: PHOS | OTCQX: FRSPF), a sponsoring partner of TNBR,  announced that its Bégin-Lamarche phosphate project in Québec has been granted "Filon" fast-track status by the Québec Ministry of Natural Resources and Forests.

The designation is designed to accelerate the development of strategic mining projects by providing specialised government support and streamlining discussions with permitting authorities.

The company said the recognition reinforces the strategic importance of its high-purity phosphate project, which is expected to play a key role in establishing a North American lithium iron phosphate (LFP) battery supply chain.

Spanish Mountain Gold Ltd. (TSXV: SPA | OTCQB: SPAUF) reported additional drill results from its Spanish Mountain Gold Project in British Columbia, Canada.

Highlights:

• 252.3 metres of 0.82 g/t gold, including:

  • 93.5 metres of 1.32 g/t gold.

• 93.0 metres of 0.60 g/t gold, including:

  • 18.0 metres of 0.96 g/t gold and 10.0 metres of 2.19 g/t gold.

• 279.0 metres of 0.35 g/t gold, including:

  • 69.0 metres of 0.75 g/t gold.

The latest drilling continues to expand the Main Deposit while supporting the project's feasibility study.

Approximately 18,500 metres of the planned 60,000-metre drill programme have been completed, with assays still pending from an additional 16 drill holes.

Westhaven Gold Corp. (TSXV: WHN | OTCQB: WTHVF) reported additional high-grade resource infill drill results from the South Zone deposit at its Shovelnose Gold Project in British Columbia, Canada.

Highlights:

• 27.51 metres of 14.47 g/t gold and 52.3 g/t silver, including:

  • 2.07 metres of 107.5 g/t gold and 334.0 g/t silver.

• 30.76 metres of 3.31 g/t gold and 21.3 g/t silver.

• 16.80 metres of 4.63 g/t gold and 19.6 g/t silver.

Drilling continues to confirm the continuity of thick, high-grade gold and silver mineralisation at the South Zone.

Approximately 23,184 metres of the planned 35,000-metre resource infill programme have now been completed, while a fifth drill has begun a 15,000-metre exploration programme targeting further resource growth.

Cambria Gold Mines Inc. (TSXV: CAMB | OTCQX: CAMVF) announced additional underground infill drill results from the Prew Zone at its Premier Gold Project in British Columbia, Canada.

Highlights:

• 6.3 metres of 24.36 g/t gold, including:

  • 1.8 metres of 76.70 g/t gold.

• 10.6 metres of 13.17 g/t gold, including:

  • 1.9 metres of 64.66 g/t gold.

• 11.0 metres of 8.31 g/t gold, including:

  • 2.8 metres of 22.13 g/t gold.

Cambria is now shifting its focus towards Silver Coin and Big Missouri, where three drills are targeting priority gold zones.

Further assays from the completed Prew Zone programme are expected as the company continues advancing towards potential mine restart decisions.

West Point Gold Corp. (TSXV: WPG | OTCQX: WPGCF) reported additional high-grade drill results from the NE Tyro Zone at its Gold Chain Project in Arizona, USA.

Highlights:

• 62.5 metres of 3.12 g/t gold, including:

  • 38.1 metres of 4.66 g/t gold.

• 54.9 metres of 2.02 g/t gold, including:

  • 19.8 metres of 4.40 g/t gold.

• NE Tyro remains open at depth and to the northeast towards the Frisco Graben target.

These results further demonstrate the continuity and expansion potential of the high-grade NE Tyro Zone, which remains open at depth and to the northeast.

Assays from 4,907 metres of drilling are still pending as the company prepares its maiden resource estimate.

Auro Metals Inc. (TSXV: AURO | OTC Pink: AURFF) announced drill results from its Phase I drilling programme at the Santa Barbara Gold-Copper Project in Ecuador.

Highlights:

• 542.0 metres of 0.60 g/t gold and 0.12% copper.

• 149.5 metres of 0.66 g/t gold and 0.06% copper, including:

  • 29.4 metres of 1.53 g/t gold and 0.11% copper.

• 143.0 metres of 0.74 g/t gold and 0.10% copper, including:

  • 36.5 metres of 1.25 g/t gold and 0.14% copper.

All four drill holes intersected broad zones of gold-copper mineralisation, reinforcing the scale and continuity of the Santa Barbara South porphyry system.

Assays from a further nine drill holes are still pending.

Newcore Gold Ltd. (TSXV: NCAU | OTCQX: NCAUF) revealed drill results from the Nyam Gold Deposit at its Enchi Gold Project in Ghana.

Highlights:

• 25.3 metres of 3.67 g/t gold.

• 18.0 metres of 1.26 g/t gold, including:

  • 9.0 metres of 2.31 g/t gold.

• 14.0 metres of 1.18 g/t gold.

Drilling intersected high-grade gold mineralisation below the current reserve pits, highlighting the potential for resource conversion and future reserve growth.

An 80,000-metre drill programme remains underway with four drill rigs active, and all Enchi deposits remain open along strike and at depth.

1911 Gold Corp. (TSXV: AUMB | OTCQX: AUMBF) reported drill results from its exploration programme at the True North Gold Project in Manitoba, Canada. 

Highlights:

• 36.44 metres of 1.10 g/t gold, including:

  • 73.70 g/t gold over 0.50 metres.

• 15.89 g/t gold over 2.70 metres, including:

  • 40.10 g/t gold over 1.00 metre.

• 5.99 g/t gold over 4.90 metres, including:

  • 24.90 g/t gold over 0.70 metre.

Drilling confirmed the extension of gold mineralisation across the SAM SE and Shore targets while also confirming the new Baker target.

Mineralisation has now been traced over a 720-metre strike length to depths of 975 metres, highlighting the potential to grow near-mine resources.

Galleon Gold Corp. (TSXV: GGO | OTCQX: GGOXF) announced additional drill results from Zone #9 at its West Cache Gold Project in Ontario, Canada. 

Highlights:

• 19.45 metres of 6.80 g/t gold, including:

  • 6.15 metres of 16.84 g/t gold.

• 10.20 metres of 6.25 g/t gold, including:

  • 4.95 metres of 10.17 g/t gold.

• 10.45 metres of 2.26 g/t gold, including:

  • 2.75 metres of 5.60 g/t gold.

The results confirm the high-grade core of Zone #9, with drilling continuing to demonstrate grade continuity and extend the mineralized corridor.

Zone #9 remains open in all directions, with further drilling aimed at expanding resources at West Cache.

🤔 Gold Holds Ground

Gold fell 1.0% today to $4,062.05/oz, while U.S. gold futures declined 1.1% to $4,059.70/oz as the U.S. dollar strengthened following the Federal Reserve's latest policy meeting.

Despite the daily pullback, bullion remains up around 1.7% for July and 0.5% for the week, putting it on track for its first monthly gain since February.

Investors continue to weigh the prospect of lower interest rates against persistent inflation concerns and geopolitical tensions, while improving physical demand in China has helped offset weaker buying in India, keeping the longer-term outlook for gold constructive.

Boreal Gold Inc. (CSE: BGLD) announced new high-grade drill results from the Gold Rock Vein at its North Star Gold Project in Manitoba, Canada.

Highlights:

• 2.41 metres of 15.54 g/t gold, including:

  • 1.41 metres of 25.70 g/t gold.

  • 0.41 metres of 81.50 g/t gold.

• 1.27 metres of 1.61 g/t gold, including:

  • 0.17 metres of 10.45 g/t gold.

The latest drilling extended the high-grade Gold Rock Vein to approximately 60 metres vertical depth, while a second hole confirmed the mineralised structure continues to around 80 metres.

Visible gold observed in the highest-grade interval continues to support the potential for further expansion of the Gold Rock Vein.

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Happy Speculating!

The Editor

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