Axcap Ventures Reports New High-Grade Gold Discovery and Expands Converse Resource Potential

Reuters

2025/11/03

Axcap Ventures Reports New High-Grade Gold Discovery and Expands Converse Resource Potential

Axcap Ventures Inc. announced new drill results from its flagship Converse Gold Project in Nevada, highlighting the discovery of a new zone of shallow, high-grade oxide gold located 170 metres from previously known mineralization. Notable results include a standout oxide intersection of 25.0 metres grading 0.96 g/t Au from 262.4 metres, including 10.8 metres grading 1.70 g/t Au from 273.7 metres, in hole CV25-003C. Additional intersections include 20.0 metres grading 0.33 g/t Au from 130.5 metres (oxide zone) and deeper intervals such as 81.8 metres grading 0.55 g/t Au from 522.1 metres and 67.8 metres grading 0.49 g/t Au from 722.4 metres. These results, along with previously reported intercepts like 26.18 metres grading 2.52 g/t Au from 664.4 metres, suggest potential for significant resource expansion at depth and beyond the current resource estimate of 5.57 million ounces of measured and indicated gold and 0.42 million ounces inferred. The company is advancing towards a Preliminary Economic Assessment to further evaluate the project's potential.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axcap Ventures Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1096195) on November 03, 2025, and is solely responsible for the information contained therein.

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Notable results include a standout oxide intersection of 25.0 metres grading 0.96 g/t Au from 262.4 metres, including 10.8 metres grading 1.70 g/t Au from 273.7 metres, in hole CV25-003C. Additional intersections include 20.0 metres grading 0.33 g/t Au from 130.5 metres (oxide zone) and deeper intervals such as 81.8 metres grading 0.55 g/t Au from 522.1 metres and 67.8 metres grading 0.49 g/t Au from 722.4 metres. These results, along with previously reported intercepts like 26.18 metres grading 2.52 g/t Au from 664.4 metres, suggest potential for significant resource expansion at depth and beyond the current resource estimate of 5.57 million ounces of measured and indicated gold and 0.42 million ounces inferred. The company is advancing towards a Preliminary Economic Assessment to further evaluate the project's potential.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/GARLF\">Axcap Ventures Inc.</a> published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1096195) on November 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Axcap Ventures Reports New High-Grade Gold Discovery and Expands Converse Resource Potential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAxcap Ventures Reports New High-Grade Gold Discovery and Expands Converse Resource Potential\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-11-03 22:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Axcap Ventures Reports New High-Grade Gold Discovery and Expands Converse Resource Potential\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/GARLD\">Axcap Ventures Inc.</a> announced new drill results from its flagship Converse Gold Project in Nevada, highlighting the discovery of a new zone of shallow, high-grade oxide gold located 170 metres from previously known mineralization. Notable results include a standout oxide intersection of 25.0 metres grading 0.96 g/t Au from 262.4 metres, including 10.8 metres grading 1.70 g/t Au from 273.7 metres, in hole CV25-003C. Additional intersections include 20.0 metres grading 0.33 g/t Au from 130.5 metres (oxide zone) and deeper intervals such as 81.8 metres grading 0.55 g/t Au from 522.1 metres and 67.8 metres grading 0.49 g/t Au from 722.4 metres. These results, along with previously reported intercepts like 26.18 metres grading 2.52 g/t Au from 664.4 metres, suggest potential for significant resource expansion at depth and beyond the current resource estimate of 5.57 million ounces of measured and indicated gold and 0.42 million ounces inferred. The company is advancing towards a Preliminary Economic Assessment to further evaluate the project's potential.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/GARLF\">Axcap Ventures Inc.</a> published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1096195) on November 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7142","symbol_name":"石油與天然氣的勘探與生產","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251103:nNDL7MrV5k:1","article_id":"2580214169","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2580214169","pubTimestamp":1762181273,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Axcap Ventures Inc. announced new drill results from its flagship Converse Gold Project in Nevada, highlighting the discovery of a new zone of shallow, high-grade oxide gold located 170 metres from previously known mineralization. Notable results include a standout oxide intersection of 25.0 metres grading 0.96 g/t Au from 262.4 metres, including 10.8 metres grading 1.70 g/t Au from 273.7 metres, in hole CV25-003C. Additional intersections include 20.0 metres grading 0.33 g/t Au from 130.5 metres  and deeper intervals such as 81.8 metres grading 0.55 g/t Au from 522.1 metres and 67.8 metres grading 0.49 g/t Au from 722.4 metres. These results, along with previously reported intercepts like 26.18 metres grading 2.52 g/t Au from 664.4 metres, suggest potential for significant resource expansion at depth and beyond the current resource estimate of 5.57 million ounces of measured and indicated gold and 0.42 million ounces inferred. The company is advancing towards a Preliminary Economic As","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7142":"石油与天然气的勘探与生产","JGH.AU":"JADE GAS HOLDINGS LTD"},"translate_title":"Axcap Ventures报告发现新的高品位黄金并扩大Converse资源潜力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JGH.AU":0.9},"content_text":"Axcap Ventures Reports New High-Grade Gold Discovery and Expands Converse Resource Potential\n    \n\nAxcap Ventures Inc. announced new drill results from its flagship Converse Gold Project in Nevada, highlighting the discovery of a new zone of shallow, high-grade oxide gold located 170 metres from previously known mineralization. Notable results include a standout oxide intersection of 25.0 metres grading 0.96 g/t Au from 262.4 metres, including 10.8 metres grading 1.70 g/t Au from 273.7 metres, in hole CV25-003C. Additional intersections include 20.0 metres grading 0.33 g/t Au from 130.5 metres (oxide zone) and deeper intervals such as 81.8 metres grading 0.55 g/t Au from 522.1 metres and 67.8 metres grading 0.49 g/t Au from 722.4 metres. These results, along with previously reported intercepts like 26.18 metres grading 2.52 g/t Au from 664.4 metres, suggest potential for significant resource expansion at depth and beyond the current resource estimate of 5.57 million ounces of measured and indicated gold and 0.42 million ounces inferred. The company is advancing towards a Preliminary Economic Assessment to further evaluate the project's potential.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axcap Ventures Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1096195) on November 03, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}