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Neptune GBX, a trusted partner for wealth management solutions, is a full-service precious metals dealer, and exchange operator in Wilmington, Delaware. Founded in 2002, the company has been building its reputation in the precious metals industry consistently expanding its services and expertise to meet the evolving needs of its diverse clientele. Neptune GBX focuses on first-class cost-efficient solutions, establishing itself as a knowledgeable and reliable partner in this specialized market.
Neptune GBX's combination of expertise, innovative products, and client-centric approach positions it as a distinctive and valuable partner in the precious metals investment sector.
$100,000 investment with 10% ROI compoundedNeptune GBX's value proposition centers on empowering clients through education and insightful market analysis. The company places a strong emphasis on client education. By providing clients with essential knowledge and tools, Neptune GBX enables them to navigate the precious metals investment landscape with confidence.
Company Highlights
- Neptune Vault offers significantly lower premiums—up to 25 percent less than competitors. This reduction in premium costs translates to potential gains of more than twice over the long run. Minimizing spreads is crucial, and Neptune Vault excels in providing cost-effective options for investors.
- Neptune-GBX has teamed up with Franklin Templeton’s Fiduciary Trust International to provide precious metals investors with institutional-quality custodian, cash management and reporting services. This means products and services are tailored for various client types, from individual investors to wealth management professionals.
- Neptune Vault accounts offer storage fees as low as 0.30 percent per annum, ensuring substantial savings over time. For comparison, the PSLV Silver Fund has a management expense ratio of 0.60 percent. With Neptune Vault at 0.40 percent, investors gain an extra 1 percent every 5 years, totaling a 5 percent gain over 25 years.
- Neptune Vault accounts provide instant liquidity with better spreads than coins and small bars. With live pricing available five days a week, there is no need for shipping or assaying. A simple phone call or email can liquidate your investment promptly, ensuring access to funds in times of urgent need.
- Every ounce in a Neptune Vault account is directly allocated to the client's name, ensuring no over-allocation. The vault provides an asset custody letter to affirm true ownership, giving you peace of mind that you own the metal outright.
- Neptune Vault makes redemptions straightforward and quick. With just a phone call or email, your bullion can be transferred, shipped, or converted within days. The segregated and allocated nature of the product ensures that it is always ready for you, providing essential quick access to your physical investment.
- The PMC Ounce® offers diversified exposure to multiple precious metals.
This Neptune GBX profile is part of a paid investor education campaign.*
Click here to connect with Neptune GBX to receive an Investor Presentation
Zone 3 2024 Drilling Program Commenced
Heritage Mining Ltd. (CSE: HML FRA:Y66) (“Heritage” or the “Company”) is pleased to announce that the 2024 drilling program has started over the weekend at Zone 3. The program will focus with historical confirmation drilling and SGH soil target testing.
Highlights:
- Zone 3 Drill Program Start (Figure 1)
Figure 1: Zone 3 2024 drill program, August 5, 2024
“We are very excited to have the drill turning at Zone 3. The mineralization from the first hole is very encouraging supporting our internal model, we are right where we want to be. More updates to come in the very near future.” Commented Peter Schloo, President CEO and Director of Heritage.
Qualified Person
Mitch Lavery P. Geo, Strategic Advisor for the Company, serves as a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and has reviewed the scientific and technical information in this news release, approving the disclosure herein.
ABOUTHERITAGEMININGLTD.
The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake, Contact Bay and Scattergood projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. The projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.
For further information, please contact:
HeritageMiningLtd.
Peter Schloo, CPA, CA, CFA
President, CEO and Director
Phone: (905) 505-0918
Email: peter@heritagemining.ca
FORWARD-LOOKING STATEMENTS
This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “outlook” and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.
This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.
Click here to connect with Heritage Mining (CSE:HML) to receive an Investor Presentation
Canadian Gold Corp. Makes New Gold Discovery Next to Agnico Eagle's Hammond Reef Deposit Samples 35.4 and 7.1 gpt Gold
Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to provide an exploration update on its 100% owned Hammond Reef South Project, located near Atikokan, Ontario, and adjacent to Agnico Eagle's fully permitted Hammond Reef Project (Fig. 1). Hammond Reef South was acquired in 2023 as part of the Company's strategy of acquiring prospective mineral rights around Canada's largest mines and development projects, which provides additional optionality for shareholders beyond the exploration drilling currently taking place at the Tartan Mine in Manitoba.
Highlights
- Surface sampling returns 35.4 and 7.1 gpt gold at Hammond Reef South, in addition to other gold-bearing samples, discovering a new high-grade zone approximately 2 km from Agnico Eagle's Hammond Reef Deposit, which is one of the few fully permitted mine projects in Canada (Fig. 1).
- The Hammond Reef South Project had its exploration permit approved on July 24, 2024, which allows for drilling, trenching and ground geophysical work.
- The Company has applied for the Ontario Junior Exploration Program grant, which provides for 50% reimbursement for exploration expenses up to $200,000.
- Follow-up field work is scheduled to begin this week.
Hammond Reef South Project
During June of this year, a field program was initiated on the property to evaluate the surface for gold mineralization. The program successfully identified a new high-grade gold zone with assays returning 35.4 gpt, 7.1 gpt, and 2.9 gpt gold (Table 1 & Fig. 2). The Hammond Reef South property is located only 2 km from Agnico Eagle's Hammond Reef Deposit, which contains a large mineral resource of more then 5 million ounces of gold and occurs in the same geological environment (Fig. 1).
Table 1. Hammond Reef South Surface Sample Highlights
| Sample Number | Easting | Northing | Gold g/t |
| 473583 | 612360 | 5418397 | 35.4 |
| 473584 | 612356 | 5418401 | 7.1 |
| 473586 | 612358 | 5418405 | 2.9 |
Gold mineralization at the new zone occurs within a large gossanous shear-hosted quartz vein with up to 10% sulphides, mainly pyrite with accessory chalcopyrite and galena, discovered in the Northeast part of the property (Fig. 2). The vein was at least 2 metres in width and exposed for more than 10 metres along strike which remains open to the Northeast and Southwest. The strike of the vein, its mineralization and geological setting is analogous to Agnico Eagle's Hammond Reef Deposit to the north. Recent and historic surface samples are now revealing a very large 6.7 km trend of gold mineralization across the Hammond Reef South property representing a potentially significant discovery (Fig. 3).
A follow-up program has been scheduled, and will commence this week that aims to evaluate the length, width and distribution of grade at the discovery zone. The Company has also applied for the Ontario Junior Exploration Program grant, which, if accepted, would provide a 50% reimbursement for exploration expenses up to $200,000 for the project.
President and CEO Michael Swistun comments: "We are very excited with the discovery of high-grade gold on the Hammond Reef South property. We were prospecting the property looking for large, low-grade gold system like the Hammond Reef Deposit next door and this gives us a new and exciting opportunity to follow up on."
For Further Information, Please Contact:
Michael Swistun
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com
Qualified Person
The scientific and technical information disclosed in this news release was reviewed and approved by Wesley Whymark, P. Geo., Consulting Geologist for the Company, and a Qualified Person as defined under National Instrument 43-101.
Technical Information
The samples collected by Canadian Gold Corp. described in this news release were transported in secure sealed bags for preparation and assay by Act Labs in Thunder Bay, Ontario. The samples reported were crushed in their entirety to 80% passing -10 mesh, with one 500 g subsample split and pulverized to 95% passing 150 mesh. One 50 g aliquot was taken from the subsample for fire assay (FA) with an AAS finish. Samples over 5 g/t gold were subject to a 50 g aliquot FA with gravimetric finish.
About Canadian Gold Corp.
Canadian Gold Corp. is a Toronto-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past producing Tartan Mine, located in Flin Flon, Manitoba. The historic Tartan Mine currently has a 2017 indicated mineral resource estimate of 240,000 oz gold (1,180,000 tonnes at 6.32 g/t gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). The Company also holds a 100% interest in greenfields exploration properties in Ontario and Quebec adjacent to some of Canada's largest gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). The Company is 35% owned by Robert McEwen, who was the founder and CEO of Goldcorp and is Chairman and CEO of McEwen Mining.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of the Company contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
Figure 1. Overview location of the Hammond Reef South property illustrating the location of Agnico Eagle's Hammond Reef Deposit.
Figure 2. Location of the new high-grade discovery on the Hammond Reef South property.
Assays up to 63g/t Gold and 3.2% Copper Highlight Immense Exploration Upside
More than 500 soil samples and 11 rock chip samples were collected. These results, combined with historic data, have defined several compelling drilling targets outside the mine area at Comet Vale.
In July 2024, Labyrinth entered into an option to acquire 100% of the property from Sand Queen Gold Mines Pty Ltd (‘SQGM’). The additional 49% interest has been the key to commencing dedicated exploration activity. Labyrinth intends to use some of the proceeds of its recent successful capital raising to undertake further exploration work with the aim of refining the targets ahead of a drilling campaign.
Figure 1. Regional location of Comet Vale Project.
Labyrinth Chief Executive Jennifer Neild said: “We have strategically positioned ourselves in the prolific Goldfields region of Western Australia, with proven gold assets that have the potential for further high-grade mineralisation.”
“These assays are indicative of this potential. We are seeing cohesive trends in both primary and associated indicator elements. The overlap of these anomalies have added weight to positions of interpreted faults and have established several high priority target areas.”
“We now have extensive data that Comet Vale may host a large mineralised system with areas of high-grade gold and potentially copper.”
Details of sampling results:
The two campaigns of soil sampling were the first full geochemical analysis completed at Comet Vale. On the eastern side of the highway, a small number of rock chips were taken to support mapping observations. Many of the higher grades exist around Long Tunnel Prospect, where shallow tungsten and gold workings exist. It is unknown the extent of activites, refer to Table 2 for a summary.
- High Au, Cu, Co, Ag and Ni rock chips (Table 1) included:
- 63.1g/t Au, 3.27 % Cu and 59g/t Ag (SE of Long Tunnel);
- 13.9g/t Au, 0.35% Cu and 0.36 % Ni (South of Long Tunnel);
- 2.62g/t Au in a 3m wide, N-S quartz reef, within porphyry and ultramafic schist (Figure 6);
- 2.10g/t Au, 17.57% Fe and 1.14% S (gossan SW of Long Tunnel); and
- 0.25% Cu, 0.38% Ni, 0.04% Co and 1.4g/t Ag (New gossan, chalcopyrite and bornite sighted).
- “Golden Triangle” - High Au, Cu and W are concentrated at the cross-section of the Rambo Trend and Long Tunnel/Lake View Shear/Quartz Reef (see Figure 2 and Table 2 for description of Long Tunnel).
- Geochemistry suggests late NE trending faults are a control on mineralisation. Potentially focusing 2nd generation Au bearing veins along these later structures causing wide, intercepts of mineralisation (see Figure 2 and Figure 3).
- Several samples of elevated lithium (>100ppm) proximal to Lake View/Long Tunnel trend (see Figure 7). More anomalies may exist, but sampling of Lithium was limited to this sampling program and not historic data.
Click here for the full ASX Release
This article includes content from Labyrinth Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Neptune GBX
Investor Insight
Neptune GBX's combination of expertise, innovative products, and client-centric approach positions it as a distinctive and valuable partner in the precious metals investment sector.
Overview
Neptune GBX, operating as Neptune Global Holdings, is a full-service precious metals dealer and exchange operator based in Wilmington, Delaware. Established in 2002, the company has positioned itself as a trusted partner for wealth management professionals, individual investors, family offices, and broker-dealers seeking institutional-quality services in the precious metals sector.
For over two decades, Neptune GBX has been building its reputation in the precious metals industry. Founded in 2002, the company has consistently expanded its services and expertise to meet the evolving needs of its diverse clientele. Neptune GBX has demonstrated a focus on first-class cost-efficient solutions, establishing itself as a knowledgeable and reliable partner in this specialized market.
Several factors set Neptune GBX apart from other bullion exchange companies:
- Lower Premiums - Neptune Vault offers significantly lower premiums—up to 25 percent less than competitors. This reduction in premium costs translates to potential gains of more than twice over the long run. Minimizing spreads is crucial, and Neptune Vault excels in providing cost-effective options for investors.
- Strategic partnerships facilitating institutional-quality services - Neptune-GBX has teamed up with Franklin Templeton’s Fiduciary Trust International to provide precious metals investors with institutional-quality custodian, cash management and reporting services. This means products and services are tailored for various client types, from individual investors to wealth management professionals.
- Reduced Storage Fees - Neptune Vault accounts offer storage fees as low as 0.30 percent per annum, ensuring substantial savings over time. For comparison, the PSLV Silver Fund has a management expense ratio of 0.60 percent. With Neptune Vault at 0.40 percent, investors gain an extra 1 percent every 5 years, totaling a 5 percent gain over 25 years.
- Superior Liquidity - Neptune Vault accounts provide instant liquidity with better spreads than coins and small bars. With live pricing available five days a week, there is no need for shipping or assaying. A simple phone call or email can liquidate your investment promptly, ensuring access to funds in times of urgent need.
- Guaranteed Direct Ownership - Every ounce in a Neptune Vault account is directly allocated to the client's name, ensuring no over-allocation. The vault provides an asset custody letter to affirm true ownership, giving you peace of mind that you own the metal outright.
- Easy Redemptions - Neptune Vault makes redemptions straightforward and quick. With just a phone call or email, your bullion can be transferred, shipped, or converted within days. The segregated and allocated nature of the product ensures that it is always ready for you, providing essential quick access to your physical investment.
- Innovative investment products -The PMC Ounce® offers diversified exposure to multiple precious metals.
$100,000 investment with 10% ROI compounded
$100,000 investment with 10% ROI compounded
Key Services and Products
Neptune GBX offers a comprehensive range of services and products, including:
- The patented PMC Ounce®: A dynamic physical precious metals investment asset that has been awarded a US Patent based on its innovation.
- Vault accounts: Secure storage solutions for precious metals
- Bullion exchange platform: Facilitating efficient trading of precious metals, including gold, silver, platinum and palladium
- Market analysis and insights: Providing valuable information to guide investment decisions
- Cash management and reporting services: Offered in partnership with Fiduciary Trust International
Value Proposition
Neptune GBX's value proposition centers on empowering clients through education and insightful market analysis. The company places a strong emphasis on client education. By providing clients with essential knowledge and tools, Neptune GBX enables them to navigate the precious metals investment landscape with confidence.
