Close Menu
Trade Verdict
  • Home
  • Latest News
  • Investing
  • Personal Finance
  • Retirement
  • Economy
  • Stocks
  • Bonds
  • Commodities
  • Cryptocurrencies

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Doosan Enerbility inventory initiated with Purchase ranking at HSBC on nuclear progress

September 9, 2025

BitMine boosts Ethereum treasury with $45m as holdings close to $10b

September 9, 2025

Shopper Problem

September 9, 2025
Facebook X (Twitter) Instagram
Trade Verdict
  • Latest News
  • Investing
  • Personal Finance
  • Retirement
  • Economy
Facebook X (Twitter) Instagram
Trade Verdict
Home»Investing»Auking Completes A$5m Riverfort Facility
Investing

Auking Completes A$5m Riverfort Facility

EditorialBy EditorialSeptember 9, 2025No Comments13 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Auking Completes Am Riverfort Facility
Share
Facebook Twitter LinkedIn Pinterest Email


Highlights:

  • Gap CZ-25-007 intersected a big zone of near-surface, steady gold mineralization punctuated with high-grade veins:
    • 78.0 meters of three.72 g/t gold from 30.0 meters down gap, together with
    • 12.0 meters of 8.55 g/t gold, and together with
    • 19.1 meters of seven.50 g/t gold
    • The 78.0 meter interval incorporates a number of high-grade veins, some with effective seen gold, that returned 31.84 g/t gold over 1.0 meters, 54.40 g/t gold over 1.0 meters, 67.80 g/t gold over 0.90 meters and 98.80 g/t gold over 0.5 meters. These intervals clearly exhibit the high-grade gold mineralization potential of the Creek Zone.
  • Establishes a brand new zone of high-grade and disseminated mineralization: The higher 78.0 meter interval is in an space not beforehand examined by drilling and should characterize a parallel zone of mineralization north of the principle sequence of Creek Zone high-grade veins.
  • Observe-up drilling deliberate: Based mostly on the distinctive outcomes from CZ-25-007, extra step-out holes are deliberate for this season to check the down-dip and northwest strike extent.
  • Further assay outcomes pending: Assays from the remaining ten holes (3,340 meters) drilled on the Creek zone are pending.

“The primary gap of this 12 months’s drill program at our JD Undertaking within the important Toodoggone District, represents one of the best gap drilled to this point on the Creek Zone,” stated Niel Marotta, CEO of Solar Summit Minerals. “The outlet intersected important mineralization from 30 meters downhole. This interval is punctuated with a number of high-grade zones which helps the high-grade gold potential of the Creek Zone, typical of many Toodoggone gold deposits. We’ve got deliberate extra holes to check the strike extent of this new zone of mineralization and are excited to maneuver the drill rig again to the world within the coming weeks.”

Desk 1. Assay Outcomes1,2

Gap ID From (m) To (m) Interval (m) Au (g/t) Ag (g/t)
CZ-25-007 30.00 108.00 78.00 3.72 4.12
together with 30.00 79.00 49.00 5.57 5.89
together with 37.00 49.00 12.00 8.55 8.69
together with 37.00 38.00 1.00 31.84 11.66
together with 48.00 49.00 1.00 54.40 31.90
together with 59.90 79.00 19.10 7.50 4.77
together with 59.90 60.84 0.94 67.80 36.19
together with 78.50 79.00 0.50 98.80 67.80
and 198.00 207.20 9.20 0.30 0.87
and 251.00 271.00 20.00 0.89 0.25
together with 258.00 266.89 8.89 1.78 0.47
  1. Intervals are downhole core lengths. True widths are unknown.
  2. Calculations are uncut and length-weighted utilizing a 0.10 g/t gold cut-off.
  3. Grades haven’t been capped within the length-weighted averaging.

Drill Gap CZ-25-007

Gap CZ-25-007 was collared 75 meters to the north of gap CZ-24-004 (122.53 metres of two.11 g/t gold together with 4.04 metres of 46.78 g/t gold, see October 2, 2024 information launch) and stepped out 100 meters west of gap CZ-24-005 (57.95 meters of two.69 g/t gold together with 19.50 meters of seven.31 g/t gold, see October 16, 2024 information launch, Determine 1). The higher interval of sturdy disseminated and high-grade vein-hosted gold mineralization in CZ-25-007 (e.g., 78.0 meters 3.72 g/t gold, Desk 1) is roughly 120 metes to the northwest of the higher interval in CZ-24-005 (Determine 2). Collectively, these intercepts could characterize a brand new zone of mineralization that developments parallel to the principle steeply-dipping northwest-striking vein-sets (e.g., 22.0 m of 11.7 g/t Au together with 4.0 m of 61.2 g/t Au, in gap CZ97-0081). Additional drilling is warranted to check the strike- and dip- extent of this parallel zone.

The higher interval in CZ-25-007 incorporates a number of high-grade veins and breccias (31.84 g/t gold over 1.0 meters, 54.40 g/t gold over 1.0 meters, 67.80 g/t gold over 0.90 meters and 98.80 g/t gold over 0.5 meters) throughout the broad zone of disseminated gold mineralization (Determine 3). Many of those higher-grade intervals comprise effective seen gold (Determine 4). These intervals exhibit the high-grade mineralization potential of the Creek Zone and assist the sturdy prospectivity of the Creek Zone to the northwest in an space missing drilling.

Gap CZ-25-007 intersected a bedded sequence of intermediate volcanic and volcaniclastic rocks interpreted to be a sequence throughout the McClair Member of the Early Jurassic Toodoggone formation. Greater-grade gold mineralization is hosted in epithermal-related and regionally banded quartz-carbonate veins, veinlets and sulfide-cemented breccias with regionally sturdy potassium feldspar alteration halos (Determine 3). Vein-hosted sulfides embody pyrite, sphalerite, ± chalcopyrite and galena with some veins containing seen gold. Bulk-tonnage mineralization is related to selectively pervasive sericite-chlorite-hematite alteration with disseminated pyrite, proximal to vein-associated potassic alteration (Determine 3).

Drill Program

Drilling in 2025 on the Creek Zone was designed to analyze the lateral and vertical extent of high-grade and bulk-tonnage gold mineralization (Figures 1 and a couple of). Over 3,700 meters throughout 11 drill holes at Creek have to this point been accomplished. These holes had been designed to systematically take a look at the vein-controlling buildings on 50 to 100 meter pierce-points overlaying a strike-length of over 800 meters and a down-dip extent of over 200 meters (Figures 1 and a couple of). Based mostly on the results of CZ-25-007 step-out holes to the northwest are deliberate this season.

Assays from the remaining drill holes, in addition to floor sampling outcomes are pending and will probably be launched as they’re acquired and reviewed.

Determine 1. Plan map displaying drill collar location of CZ-25-007 and extra drill holes with pending outcomes. Chosen highlights from the 2024 drill program on the Creek Zone are additionally proven (see October 2nd, 2024 and October 16th, 2024 information releases). See references 1 and a couple of for sources of historic drill knowledge.

To view an enhanced model of this graphic, please go to:
https://pictures.newsfilecorp.com/recordsdata/6142/265410_d618af9264737880_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6142/265410_d618af9264737880_002.jpg

Determine 2. Indirect view by means of the Creek Zone drill holes displaying downhole assays for all drill holes together with CZ-25-007 and holes with pending outcomes. Chosen highlights from the 2024 drill program on the Creek Zone are additionally proven (see October 2nd, 2024 and October 16th, 2024 information releases). See references 1 and a couple of for sources of historic drill knowledge.

To view an enhanced model of this graphic, please go to:
https://pictures.newsfilecorp.com/recordsdata/6142/265410_d618af9264737880_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6142/265410_d618af9264737880_003.jpg

Determine 3. Core photographs of CZ-25-007, A. Field photographs displaying core from 24.99 m to 80.0 m downhole which incorporates 4 high-grade intervals of 31.84 g/t Au over 1.0 m, 54.40 g/t Au over 1.0 m, 67.80 g/t Au over 0.94 m and 98.80 g/t Au over 0.50 m collectively inside a broader interval of 49.0 m of 5.57 g/t Au. Particular person down gap gold assay outcomes are annotated on the pattern depths.

To view an enhanced model of this graphic, please go to:
https://pictures.newsfilecorp.com/recordsdata/6142/265410_d618af9264737880_003full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6142/265410_d618af9264737880_004.jpg

Determine 4. Core photographs from CZ-25-007 displaying zones of high-grade mineralization, A. sulfide-cemented hydrothermal breccia at 59.9 m down gap (67.80 g/t gold over 0.94 m) with seen gold B. instance of seen gold at 59.9 m down gap, C. high-grade vein at 37.0 m down gap (31.84 g/t gold over 1.0 m) with specks of seen gold, D. instance of seen gold at 37.0 m down gap. Abbreviations, qtz = quartz, carb = carbonate, epi = epidote, sph = sphalerite, cpy = chalcopyrite.

To view an enhanced model of this graphic, please go to:
https://pictures.newsfilecorp.com/recordsdata/6142/265410_d618af9264737880_004full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6142/265410_d618af9264737880_005.jpg

Determine 5. Map of the Toodoggone District displaying the situation of the JD Undertaking in relation to different growth and exploration initiatives. Information sourced from Thesis, TDG and Centerra’s company web sites. The QP has been unable to confirm the data and that the data is just not essentially indicative to the mineralization on the property that’s the topic of the disclosure.

To view an enhanced model of this graphic, please go to:
https://pictures.newsfilecorp.com/recordsdata/6142/265410_d618af9264737880_005full.jpg

Desk 2. Drill Collar Location

Gap ID Easting Northing Elevation (m) Azimuth Dip Depth (m)
CZ-25-007 608275 6368386 1504 255 -45 341

Coordinates are in UTM NAD83 Zone 9N

High quality Assurance and High quality Management

All drill core pattern assay and analytical outcomes have been monitored by means of the Firm’s high quality assurance and high quality management program (QA/QC). Drill core was sawn in half at Solar Summit’s devoted and safe core logging and processing facility on the JD exploration camp.

Half of the drill core was sampled and shipped by a bonded courier in sealed and secured woven polyester baggage to the ALS World preparation services in Kamloops, BC. Core samples had been ready utilizing ALS normal preparation process PREP-31A which entails crushing the pattern to 70% lower than 2mm, adopted by a riffle break up of 250g, after which a pulverised break up to higher than 85% passing 75 microns.

Following pattern preparation, the pulps had been despatched to the ALS World analytical laboratory in North Vancouver, B.C. for evaluation. ALS World is registered to ISO/IEC 17025:2017 accreditations for laboratory procedures.

Drill core samples had been analyzed for 48 components by ICP-MS on a 0.25-gram aliquot utilizing a four-acid digestion (methodology ME-MS61). This methodology is taken into account a “extremely hint aspect” analytical methodology with low detection limits on key pathfinder components equivalent to Ag, As, Sb, Se and Tl.

Gold was analyzed by hearth assay on a 30-gram aliquot with an AES end (inductively coupled plasma atomic emission spectroscopy – methodology Au-ICP21). Samples that returned >10 elements per million (ppm) gold had been re-analyzed by hearth assay utilizing a gravimetric end on a 30-gram aliquot (methodology Au-GRA21).

Overlimit samples (e.g. Ag, Cu, Pb & Zn) had been re-analyzed utilizing an ore-grade, four-acid digestion and ICP-AES end. Over limits for key components: samples with >100 ppm silver, >10,000 ppm Cu, >10,000 ppm Pb and >10,000 ppm Zn. Along with ALS World laboratory QA/QC protocols, Solar Summit implements a rigorous inside QA/QC program that features the insertion of duplicates, licensed reference supplies (requirements ready by an unbiased lab) and blanks into the pattern stream. A complete of 38 QA/QC samples, together with 21 requirements, had been inserted within the discipline, representing 14.2% of the general pattern stream. There have been no important points recognized in both the interior or exterior QA/QC samples.

Nationwide Instrument 43-101 Disclosure

This information launch has been reviewed and authorized by Solar Summit’s Vice President Exploration, Ken MacDonald, P. Geo., a “Certified Particular person” as outlined in Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Initiatives of the Canadian Securities Directors. Some technical info contained on this launch is historic in nature and has been compiled from public sources believed to be correct. The historic technical info has not been verified by Solar Summit and should in some cases be unverifiable depending on the existence of historic drill core and seize samples.

Group Engagement

Solar Summit is partaking with First Nations on whose territory our initiatives are positioned and is discussing their pursuits and figuring out contract and work alternatives, in addition to alternatives to assist neighborhood initiatives. The Firm appears to be like ahead to persevering with to work with native and regional First Nations with ongoing exploration.

Concerning the JD Undertaking

The JD Undertaking is positioned within the Toodoggone mining district in north-central British Columbia, a extremely potential deposit-rich mineral pattern. The mission covers an space of over 15,000 hectares and is in shut proximity to lively exploration and growth initiatives, equivalent to Thesis Gold’s Attorneys and Ranch initiatives, TDG Gold’s Baker-Shasta initiatives, Amarc Useful resource’s AuRORA mission, Centerra’s Gold’s Kemess East and Underground initiatives, in addition to the past-producing Kemess open pit copper-gold mine (Determine 5).

The mission is 450 kilometres northwest of the town of Prince George, and 25 kilometres north of the Sturdee airstrip. It’s proximal to present infrastructure in place to assist the past-producing Kemess mine, together with roads and a hydroelectric energy line.

The JD Undertaking is in a beneficial geological surroundings characterised by each high-grade epithermal gold and silver mineralization, in addition to porphyry-related copper and gold mineralization. Some historic exploration, together with drilling, geochemistry and geophysics, has been carried out on the property, nonetheless the mission space is essentially underexplored.

About Solar Summit

Solar Summit Minerals (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) is a mineral exploration firm centered on the invention, enlargement and development of district scale gold and copper belongings in British Columbia. The Firm’s numerous portfolio contains the JD and Idea initiatives within the Toodoggone area of north-central B.C., and the Buck Undertaking in central B.C.

Additional particulars can be found at www.sunsummitminerals.com.

References

  1. Hawkins, P.A. (1998), 1997 Exploration Report on the Creek Zone for Antares Mining and Exploration Company and AGC Americas Gold Company, JD Property, Toodoggone River Space, Omineca Mining Division, Inside Report #98-065-1.
  2. Davis, J.W., and Jamieson, M.D. (1998), Drilling and Geophysical Report on the M.H. Mineral Clain Group, Toodoggone District, Evaluation Report Indexing System, Report 25757, https://apps.nrs.gov.bc.ca/pub/aris.

Hyperlink to Figures

Determine 1: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/09/SMN_JD_CZ007_20250903_Figure_1-scaled.jpg

Determine 2: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/09/SMN_JD_CZ007_20250903_Maps_Figure-2-scaled.jpg

Determine 3: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/09/JD_CZ_CZ007_V1_CorePhotos_V2_Figure_3-scaled.jpg

Determine 4: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/09/JD_CZ_CZ007_V1_CorePhotos_V2_Figure_4-scaled.jpg

Determine 5: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/09/SMN_JD_CZ007_20250903_V4_Figure-5.jpg

On behalf of the board of administrators

Niel Marotta
Chief Govt Officer & Director
data@sunsummitminerals.com

Ahead-Wanting Info

Statements contained on this information launch that aren’t historic info could also be forward-looking statements, which contain dangers, uncertainties and different components that would trigger precise outcomes to vary materially from these expressed or implied by such forward-looking statements. As well as, the forward-looking statements require administration to make assumptions and are topic to inherent dangers and uncertainties. There may be important danger that the forward-looking statements won’t show to be correct, that the administration’s assumptions will not be appropriate and that precise outcomes could differ materially from such forward-looking statements. Accordingly, readers shouldn’t place undue reliance on the forward-looking statements. Typically forward-looking statements might be recognized by way of terminology equivalent to “anticipate”, “will”, “anticipate”, “could”, “proceed”, “might”, “estimate”, “forecast”, “plan”, “potential” and comparable expressions. Ahead-looking statements contained on this press launch could embody, however aren’t restricted to, the timing of and dimension and scope of the drill program on the JD property; the Firm’s exploration plans, expectations and forecasts. These forward-looking statements are based mostly on various assumptions which can show to be incorrect which, with out limiting the generality of the next, embody: the Firm’s potential to finish the drill program as at the moment contemplated; dangers inherent in exploration actions; volatility and sensitivity to market costs; volatility and sensitivity to capital market fluctuations; and fluctuations in steel costs. The forward-looking statements contained on this information launch are made as of the date hereof or the dates particularly referenced on this press launch, the place relevant. Besides as required by relevant securities legal guidelines and regulation, Solar Summit disclaims any intention or obligation to replace or revise any forward-looking assertion, whether or not because of new info, future occasions or in any other case, besides as required by relevant securities legal guidelines. All forward-looking statements contained on this press launch are expressly certified by this cautionary assertion.

Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

Corporate Logo

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/265410



Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editorial
  • Website

Related Posts

Freeport Experiences on PT Freeport Indonesia Operations

September 9, 2025

Your Exit Technique is the Most Essential—Right here Are Three Methods to Strategy It

September 9, 2025

I Constructed a $12K/Month Rental Portfolio Whereas Working 9-5

September 8, 2025

VMXX:CC | INN

September 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Trending Posts

Doosan Enerbility inventory initiated with Purchase ranking at HSBC on nuclear progress

September 9, 2025

BitMine boosts Ethereum treasury with $45m as holdings close to $10b

September 9, 2025

Shopper Problem

September 9, 2025

Freeport Experiences on PT Freeport Indonesia Operations

September 9, 2025
More News
Investing

Freeport Experiences on PT Freeport Indonesia Operations

By Editorial
Investing

Your Exit Technique is the Most Essential—Right here Are Three Methods to Strategy It

By Editorial
Investing

I Constructed a $12K/Month Rental Portfolio Whereas Working 9-5

By Editorial
Trade Verdict
Facebook X (Twitter) Instagram Pinterest
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 Trade Verdict. All rights reserved by Trade Verdict.

Type above and press Enter to search. Press Esc to cancel.