GoGold is planning 100,000 metres of drilling next year to expand the resources.

Homestake Ridge is adjacent to Dolly Varden’s namesake project in Britsh Columbia's Golden Triangle.

Satori says the discovery indicates the presence of a new zone of mineralization, sub-parallel to the Main zone.

According to Orla, the Caballito deposit represents an opportunity to potentially transform the scale and scope of the Cerro Quema project.

In the indicated category, there are 600,000 tonnes grading 4.89 g/t gold suitable for open pit mining.

Mining companies are scouring the globe for new deposits.

Drilling intercepted 4.34 g/t gold over 110.6 meters including 12 g/t gold over 13.7 meters and 8.8 g/t gold over 11.8 meters.

The McKenzie Break project is located 25 km north of the company’s wholly owned 750-t/d Beacon gold mill.