Gold Mining News in Guatemala

Radius Gold Inc.
Radius Gold Inc.
RDU
Guatemala

Radius Gold Provides Portfolio Update on High-Grade Amalia and Holly Gold-Silver Projects and Announces Financing

Radius Gold has announced a proposed non-brokered private placement of up to 10 million units for gross proceeds of up to $1.2 million to fund exploration in Peru. The company also provided updates on its Amalia (Mexico) and Holly (Guatemala) projects, noting historical high-grade intercepts and an existing Inferred Resource at Holly, while acknowledging challenges regarding social licence in Guatemala.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala

Recent announcement from Aura Mines is a positive step for Mining in Guatemala

Volcanic Gold Mines Inc. notes that Aura Minerals has received a construction license for the nearby Era Dorado project in Guatemala, which may help alleviate local opposition to Volcanic's Holly project. The company re-stated its 2022 inferred resource for Holly, consisting of 1.3 million tonnes at 6.5 g/t gold and 260 g/t silver.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala

Drilling at the Holly Property delayed

Volcanic Gold Mines Inc. has postponed drilling at its Holly Project in Guatemala due to local community and municipal council opposition. The company is currently in discussions with local authorities to resolve these social tensions before advancing the planned exploration program.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala

Volcanic Gold announces non-brokered financing of $1.5 million to fund restart of drilling at Holly Property, Guatemala

Volcanic Gold Mines Inc. intends to raise up to $1.5 million through a non-brokered private placement to fund exploration at the Holly Property in Guatemala. The company also restated its 2022 mineral resource of 1.3 Mt at 6.5 g/t gold (270,000 oz Au) and 11 Moz at 260 g/t silver, totaling 410,000 oz gold equivalent.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala

Volcanic Gold prepares to Restart Exploration at Holly Property with a Focus on Increasing the High-grade Resource

Volcanic Gold Mines is restarting exploration at its Holly Property in Guatemala, focusing on expanding and upgrading its high-grade gold-silver resource. The company highlights historical drill intercepts from 2021-22, including bonanza grades, and an existing inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag. The upcoming drill program will target extensions of the La Peña vein and infill drilling on the Pino vein to incorporate it into the resource, with technical information approved by a Qualified Person.

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Radius Gold Inc.
Radius Gold Inc.
RDU
Guatemala

Preparation Underway to Restart Exploration at Holly Property with a Focus on Increasing the High-grade Resource

Radius Gold Inc. and Volcanic Gold Mines Inc. are restarting exploration at their Holly Property in Guatemala, focusing on expanding the high-grade gold-silver resource. The property hosts an inferred resource of 1.32 million tonnes at 6.46 g/t gold and 256 g/t silver, with historical drilling yielding spectacular intercepts including 4.58 m at 79.84 g/t gold and 5,053 g/t silver. The upcoming drill campaign aims to extend mineralization along strike and at depth, and to upgrade resource confidence, with drilling permits in place and positive community engagement.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala

Volcanic Gold Prepares to Restart Exploration at Holly Property and Surrounding Regional Prospects

Volcanic Gold is restarting exploration at its Holly property in Guatemala following positive political developments in the region. The company highlighted high-grade historical drill intercepts and an existing inferred resource of 1.32 million tonnes at 9.6 g/t AuEq.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala

Volcanic Gold Completes Earn-In on Guatemala Properties

Volcanic Gold Mines Inc. has completed its earn-in requirements to secure a 60% interest in the Holly and Motagua Norte properties in Guatemala. The company noted a previously established high-grade epithermal gold-silver inferred resource, though exploration is currently on hold.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala

Volcanic Gold Provides Update on Drilling at Motagua Norte Property, and Recent Developments in Guatemala

Volcanic Gold reports that its first-pass drilling at the Motagua Norte project in Guatemala failed to locate the source of previously discovered bonanza-grade gold boulders. Additionally, the company noted unfavorable political sentiment from Guatemala's new Environment Minister and is pausing further funding in the country to assess opportunities elsewhere.

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Volcanic Gold Mines Inc.
Volcanic Gold Mines Inc.
VG
Guatemala
Drill Results

Volcanic Gold provides update on drilling at Motagua Norte property, Guatemala

Volcanic Gold reported initial results from two diamond drill holes (MIDD-24-04 and MIDD-24-05) at the Motagua Norte project in Guatemala. The holes failed to return anomalous gold, suggesting the high-grade surface boulders may not originate from the Veta Madre fault structure.

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