Joshua Gold Stock Price, News & Analysis

Joshua Gold Resources Inc (OTC Pink: JSHG) has completed a sampling program at its Tecumseh Property in northern Ontario. The company collected 34 rock and soil samples over 3 days in July 2024, which are currently undergoing laboratory analysis. Results will guide future exploration strategies at this long-held property.

The Tecumseh site covers approximately 217 acres and is located about 26 miles east-northeast of Sudbury. Historical grab samples from 2011 to 2020 averaged 14.1 g/t Au, with some samples yielding up to 209 g/t Au. The property features auriferous quartz-carbonate-hematite-mica-sulphide veins over an area of about 800 feet by 2,300 feet.

JSHG aims to leverage modern exploration techniques to unlock the full potential of this historically promising site. The company is particularly interested in evaluating the gold content of altered gabbro intervals between quartz veins, which may lead to consideration of a bulk open-pit mining scenario if vein density and grade prove sufficient.

Joshua Gold Resources Inc. (OTC Pink: JSHG) has acquired 100% ownership of 30 mining claims on a property named Lithium Two located near Timmins, Ontario, Canada. This acquisition entails approximately 1200 acres of potential mineral resources and is strategically positioned near the company's existing Lithium One property, of which JSHG owns a 50% stake. The claims, situated in a granite-rich area known for spodumene deposits, aim to enhance JSHG's footprint in the lithium sector, driven by rising demand for lithium in electric car batteries. The company plans to conduct sampling to evaluate the properties' viability for lithium production.

Joshua Gold Resources Inc. (OTC Pink: JSHG) has reported promising results from ground sampling at its Seymour Lake Extension property and the historic Champion Gold Mine. In lithium news, samples from Seymour Lake show elevated lithium indicators, highlighting the need for further exploration, particularly due to its proximity to the Green Technology Metals deposit.

Additionally, high-grade gold samples from the Champion Gold Mine showed assay results of 33.6 g/t Au and 123 g/t Au. The company’s CEO expressed enthusiasm about potential modern extraction techniques and the economic viability of these findings.

Joshua Gold Resources has acquired a 50% stake in 40 mining claims totaling approximately 1600 acres in Northern Ontario, named ‘Lithium One’. Located in the Gogama Lithium Camp, the claims cover key areas known for spodumene outcrops, essential for lithium extraction. This acquisition aligns with the growing demand for lithium, particularly in electric car batteries. The company plans to provide updates on its adjacent properties, including the Seymour Extension and Champion Mine, enhancing its position in the lithium market.

Joshua Gold Resources Inc. (OTC Pink: JSHG) is set to conduct an on-site sampling program by the end of September at its Seymour Lake Extension property, located near a promising lithium site owned by Green Metals Technology. Recent LiDAR survey results have identified seven potential mineral outcrops for exploration.

The geological assessment indicates a structure consistent with lithium mineral deposits. Notably, Green Metals Technology recently reported an increase in its lithium resources, enhancing the exploration potential in the area.

Joshua Gold Resources Inc. (JSHG) announced the appointment of Peter D’Jay as an Independent Director amid its strategic acquisition of the Champion Gold Mine in Northern Ontario. D'Jay, with 35 years of experience, will guide corporate governance and risk management as the company aims to enhance its credibility and value. His previous roles include serving as Independent Director for another public exploration company. Joshua Gold, based in Canada, is positioned within the resource-rich Canadian Shield, focusing on gold and mineral exploration.

Joshua Gold Resources Inc. (JSHG) has acquired the Champion Mine in Northwest Ontario, boosting its gold and silver mining portfolio. The acquisition follows the patent owner's tax default, allowing JSHG to gain 100% ownership of the mine, which has historical records of ore milling since 1926. The mine features three mineralized shear zones and a shaft extending 235 feet deep. JSHG plans to conduct sampling this month to evaluate the mine's potential, signaling strong exploration prospects and possible revenue growth.