Sunday, June 1, 2025

Latest

Carlyle Commodities Hits 689 Metres Of 0.51 g/t Gold

Assays from the first drill hole conducted by Carlyle Commodities Corp (CSE: CCC) were released this morning, with the company reporting a significant interval of gold. The assays come from the firms Newton Gold-Silver Project, found near to Williams Lake, BC.

Highlights from the results include:

  • N23-089: 689 metres of 0.51 g/t gold, 1.48 g/t silver from 18.0 metres depth
    • Including 548 metres of 0.60 g/t gold, 1.75 g/t silver from 18.0 metres
    • Including 448 metres of 0.67 g/t gold, 2.03 g/t silver from 18 metres
    • Including 30 metres of 1.24 g/t gold, 1.61 g/t silver from 413 metres

The drill hole was conducted as a means of testing continuity of the main mineralized domain beyond a depth of 500 metres. Given the results, the company has indicated that the felsic domain “is much more extensive than previously understood.” As a result, the company believes that there are several opportunities to expand the current inferred resource estimate.

The current resource at the Newton project estimates 861,400 ounces of gold grading 0.63 g/t gold and 4,678,000 ounces of silver exist on an inferred basis within a pit-constrained model. Mineralization meanwhile currently has a footprint of 800 metres by 400 metres, and is defined by drilling to depths of 500 metres, with the majority of drilling not exceeding 300 metres. An IP anomaly meanwhile measuring 4 kilometres by 2 kilometres underlays the deposit.

READ: Carlyle Commodities: Advancing The Newton Gold Project In Central BC

The hole, drilled to a depth of 1,001 metres, is said to have confirmed continuity of the mineralized main felsic volcanic domain, and extended known mineralization by 345 metres beyond the current limits of the inferred resource. A higher grade zone was also discovered below the current resource.

“With our first drill hole we have confirmed that this system is open for potentially vast expansion. Drilling nearly 700 meters of over half a gram gold from near surface shows how continuous and deep this system is. Our team is thrilled with the success of this initial drill hole as it further demonstrates the size potential of the deposit,” commented CEO Morgan Good.

Carlyle Commodities last traded at $0.15 on the CSE.


FULL DISCLOSURE: Carlyle Commodities is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Carlyle Commodities on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Aya Gold & Silver Q1 Earnings: From Kitchen Sink to Record Results

Wesdome Gold Q1 Earnings: Cash Flow Is King!

Solaris Resources: The Royal Gold Financing Package

Recommended

Brazil Potash Completes Site Prep For Port Terminal

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Related News

Carlyle Commodities: Advancing The Newton Gold Project In Central BC

Carlyle Commodities Corp. (CSE: CCC) is a junior exploration company that is focused on advancing...

Sunday, March 5, 2023, 11:47:00 AM

Carlyle Commodities Releases Drill Strategy For Phase Two Program

Carlyle Commodities (CSE: CCC) has released its drilling strategy for a phase two program scheduled...
Thursday, October 19, 2023, 10:44:37 AM

Carlyle Commodities: Early Results At The Newton Project — With Morgan Good

Joining us today on the Daily Dive is Morgan Good, CEO of Carlyle Commodities Corp...

Friday, March 17, 2023, 01:30:00 PM

Carlyle Commodities Hits 0.41 g/t Gold Over 231 Metres

Results for the second hole conducted under a phase one drill program by Carlyle Commodities...

Tuesday, April 4, 2023, 08:04:09 AM

Carlyle Commodities Sees Preliminary Metallurgical Testing Recover 80% Of Gold

Preliminary metallurgical test work at Carlyle Commodities' (CSE: CCC) flagship Newton project in British Columbia...
Friday, March 1, 2024, 09:22:38 AM