AuMEGA Metals Extends Gold Mineralisation at Central Zone in Newfoundland
Key Highlights Step-out drilling at Central Zone extends gold mineralisation down plunge of the current high-grade mineral resources at both Zones 04 & 41. Drillhole CRD381 at Zone 04 delivered gold intercept of 3.62 g/t over seven metres from 522 metres including 19.7 g/t gold and 1.6% copper over one metre. Drillhole CRD380 at Zone 41 delivered gold intercepts of 1.94 g/t over 7.5 metres from 301 metres and 5.74 g/t over one metre from approximately 382 metres at the top contact of the...
2024-09-15 12:03 PM EDT
AuMEGA Provides Hermitage Gold and Antimony Project Update
Key Highlights Prospecting and mapping currently underway at the Hermitage Gold and Antimony Project. This recent prospecting work has identified several large areas of hydrothermal alteration that host quartz-dominated hydrothermal breccias with relatively chaotic hydrothermal breccias transitioning to breccia veins containing angular wall-rock clasts away from the fault strands1. Recent mapping and data analysis interprets the regional-scale North Limb Fault, previously identified by the...
2024-09-04 10:15 PM EDT
AuMEGA Appoints Rick Greenwood as Vice President of Exploration
Edmonton, Alberta--(Newsfile Corp. - September 3, 2024) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) (formerly Matador Mining Ltd) ("AuMEGA" or "the Company") is pleased to announce the appointment of a highly experienced and well-respected exploration geologist, Rick Greenwood as the Company's new Vice President of Exploration. Rick's start date is expected to be 1 October 2024. Rick Greenwood's Background Rick is Professional Geologist from Newfoundland and brings over 20 years...
2024-09-03 7:00 AM EDT
AuMEGA Announces Start of Phase Two Diamond Drilling
Key Highlights Phase two of diamond drilling has commenced with primary focus on Greenfield targets at Malachite Drill targets at Malachite focused on large, mineralised zones identified through the highly successful winter Reverse Circulation ("RC") drill program Phase one of diamond drilling completed at the end of July 2024 with assays expected over the next couple of weeks Till survey over highly prospective Intersection Project completed recently with assays expected over the course of...
2024-08-19 10:10 PM EDT
AuMEGA Completes Phase One of Diamond Drilling, Commences Greenfields Activities
Edmonton, Alberta--(Newsfile Corp. - July 30, 2024) - AuMEGA Metals Ltd (formerly Matador Mining Ltd) (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce
2024-07-30 7:55 PM EDT
AuMEGA Metals: Quarterly Activities Report for the Three Months Ended 30 June 2024
Highlights Exploration Fully funded exploration program progressing to plan. Highly successful Canadian winter reverse circulation ("RC") drilling program defined three large, mineralised zones, including O-2 West at Malachite which delivered a several mineralised holes including 627 ppb gold and 1.99% copper from six metres, with diamond drilling now planned. Also defined a 1.2 km anomalous trend at O-2 East to be followed up with diamond drilling. Conducted technical workshop in...
2024-07-29 8:00 AM EDT