# Gold Mining News in Guatemala Canonical page: https://atlas-staging.minestarters.com/news?commodities=gold®ions=guatemala Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting. Results: 13 Returned: 10 Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied. Region: Guatemala (guatemala) Commodity: Gold (gold) Applied filters: {"regions":["guatemala"],"commodities":["gold"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"} Sort: published_at desc Offset: 0; page size: 10 [Next page](https://atlas-staging.minestarters.com/news.md?commodities=gold®ions=guatemala&page=2&page_size=10) ## Recent announcement from Aura Mines is a positive step for Mining in Guatemala - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/recent-announcement-from-aura-mines-is-a-positive-step-for-mining-in-guatemala--8acabb6a-d8c8-4dc8-b7f7-d1c926b64eaa) · [Markdown](https://atlas-staging.minestarters.com/news/recent-announcement-from-aura-mines-is-a-positive-step-for-mining-in-guatemala--8acabb6a-d8c8-4dc8-b7f7-d1c926b64eaa.md) - Original announcement: 2026-01-13T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/5635592357603052/recent-announcement-from-aura-mines-is-a-positive-step-for-mining-in-guatemala) - Atlas sentiment: 0.156 - Atlas tags: Inferred Resource, All Inferred, NI 43-101 Compliant, QP/CP Signed Volcanic Gold Mines notes that Aura Minerals has received a construction license for the nearby Era Dorado project in Guatemala, which may de-risk the social environment for Volcanic's Holly project. The company restates its inferred mineral resource for the Holly project, which contains 270,000 oz of gold and 11 Moz of silver. ## Volcanic Gold announces non-brokered financing of $1.5 million to fund restart of drilling at Holly Property, Guatemala - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-announces-non-brokered-financing-of-1-5-million-to-fund-restart-of--15a8dbb2-b75a-4d8b-a71b-96093794d132) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-announces-non-brokered-financing-of-1-5-million-to-fund-restart-of--15a8dbb2-b75a-4d8b-a71b-96093794d132.md) - Original announcement: 2025-05-08T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/7508403506096540/volcanic-gold-announces-non-brokered-financing-of-1-5-million-to-fund-restart-of) - Atlas sentiment: 0.213 - Atlas tags: Inferred Resource, Resource Update Volcanic Gold is raising 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 410,000 oz gold equivalent, which is currently open to expansion. ## Preparation Underway to Restart Exploration at Holly Property with a Focus on Increasing the High-grade Resource - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/preparation-underway-to-restart-exploration-at-holly-property-with-a-focus-on-in--10296ef8-60ba-41f9-a60e-236145e88a1a) · [Markdown](https://atlas-staging.minestarters.com/news/preparation-underway-to-restart-exploration-at-holly-property-with-a-focus-on-in--10296ef8-60ba-41f9-a60e-236145e88a1a.md) - Original announcement: 2025-03-03T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Radius Gold Inc. (RDU) - Original source: [tmx](https://money.tmx.com/en/quote/RDU/news/7929306172943068/preparation-underway-to-restart-exploration-at-holly-property-with-a-focus-on-in) - Atlas sentiment: 0.573 - Atlas tags: Inferred Resource, All Inferred, Stale Estimate, NI 43-101 Compliant, QP/CP Signed, Cut-off Disclosed, Resource Update, Bonanza Intercept, True Width Disclosed, Stale Data Re-release, Step-Out Extension, Infill Drilling 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 decision follows positive community engagement after a previous suspension of activities, with the aim to extend known mineralization and upgrade resource confidence. The property hosts an inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag, supported by strong historical drill intercepts. ## Volcanic Gold prepares to Restart Exploration at Holly Property with a Focus on Increasing the High-grade Resource - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--c2c49ebf-8eeb-4fa4-b09c-c3f6b592e018) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on--c2c49ebf-8eeb-4fa4-b09c-c3f6b592e018.md) - Original announcement: 2025-03-03T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/6789214556102384/volcanic-gold-prepares-to-restart-exploration-at-holly-property-with-a-focus-on-) - Atlas sentiment: 0.499 - Atlas tags: Bonanza Intercept, True Width Disclosed, Stale Data Re-release, QP/CP Signed, Inferred Resource, All Inferred, Cut-off Disclosed, NI 43-101 Compliant, Stale Estimate Volcanic Gold Mines Inc. is restarting exploration activities at its Holly Property in Guatemala, focusing on expanding its high-grade gold-silver resource. The company plans to target extensions of the La Peña vein and further define the Pino vein, building on historical drill results from 2021-2022 that include significant high-grade intercepts. This renewed exploration aims to upgrade the confidence level of the existing inferred resource and bring additional veins into the resource envelope. ## Volcanic Gold Prepares to Restart Exploration at Holly Property and Surrounding Regional Prospects - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-and-surrounding--928a6719-d4fa-40b5-a602-f94f22aced5d) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-prepares-to-restart-exploration-at-holly-property-and-surrounding--928a6719-d4fa-40b5-a602-f94f22aced5d.md) - Original announcement: 2024-12-18T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/8371369947409793/volcanic-gold-prepares-to-restart-exploration-at-holly-property-and-surrounding-) - Atlas sentiment: 0.339 - Atlas tags: Bonanza Intercept, All Inferred, QA/QC Disclosed 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. ## Volcanic Gold Completes Earn-In on Guatemala Properties - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-completes-earn-in-on-guatemala-properties--a32d88a2-db4a-4cdd-ac32-b8a1651becea) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-completes-earn-in-on-guatemala-properties--a32d88a2-db4a-4cdd-ac32-b8a1651becea.md) - Original announcement: 2024-08-19T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/8176659974209088/volcanic-gold-completes-earn-in-on-guatemala-properties) - Atlas sentiment: 0.221 - Atlas tags: Inferred Resource, Bonanza Intercept, QP/CP Signed Volcanic Gold has completed its earn-in requirements for a 60% interest in the Holly and Motagua Norte properties in Guatemala after spending US$7 million. The Holly project hosts an inferred epithermal gold-silver resource, though exploration is currently on hold pending jurisdictional clarity. ## Volcanic Gold Provides Update on Drilling at Motagua Norte Property, and Recent Developments in Guatemala - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-provides-update-on-drilling-at-motagua-norte-property-and-recent-d--fb75f286-34ce-486e-b075-ffba1c45ea50) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-provides-update-on-drilling-at-motagua-norte-property-and-recent-d--fb75f286-34ce-486e-b075-ffba1c45ea50.md) - Original announcement: 2024-05-23T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/6253289238553801/volcanic-gold-provides-update-on-drilling-at-motagua-norte-property-and-recent-d) - Atlas sentiment: -0.319 - Atlas tags: Nearology Play, No QA/QC Disclosure Volcanic Gold reported that its first-pass drilling at the Motagua Norte project failed to locate the source of the Mila target's gold-bearing quartz boulders. Additionally, the company is monitoring political developments in Guatemala following the appointment of a new Environment Minister whose comments were unfavorable to mining. ## Volcanic Gold provides update on drilling at Motagua Norte property, Guatemala - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-provides-update-on-drilling-at-motagua-norte-property-guatemala--d50321d8-80a4-4587-950f-95656a8e527d) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-provides-update-on-drilling-at-motagua-norte-property-guatemala--d50321d8-80a4-4587-950f-95656a8e527d.md) - Original announcement: 2024-04-25T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/7857133249657856/volcanic-gold-provides-update-on-drilling-at-motagua-norte-property-guatemala) - Atlas sentiment: -0.241 - Atlas tags: No QA/QC Disclosure Volcanic Gold reported that initial diamond drilling at the Motagua Norte property (holes MIDD-24-04 and MIDD-24-05) failed to return anomalous gold grades, suggesting the Veta Madre fault is not the source of nearby high-grade boulders. However, the company identified a new quartz structure, Veta Padre, and observed visible gold in outcrop between the two structures. ## Volcanic Gold provides further update on drilling at Motagua Norte property, Guatemala - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-provides-further-update-on-drilling-at-motagua-norte-property-guat--74272065-84e0-43eb-bf99-706ffdb1a3ad) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-provides-further-update-on-drilling-at-motagua-norte-property-guat--74272065-84e0-43eb-bf99-706ffdb1a3ad.md) - Original announcement: 2024-04-03T11:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/8267455619321431/volcanic-gold-provides-further-update-on-drilling-at-motagua-norte-property-guat) - Atlas sentiment: 0.108 - Atlas tags: QA/QC Disclosed, Apparent Width Only Volcanic Gold has intersected wide zones of quartz veining and stockwork at the Veta Madre Fault Zone in two new drill holes, MIDD-24-004 and MIDD-24-005. While the structural target is confirmed, assay results are not yet available and are expected in early May. Technical difficulties with colluvium led to the loss of two previous holes. ## Volcanic Gold update on drilling at Mila Gold Discovery, Guatemala - Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/volcanic-gold-update-on-drilling-at-mila-gold-discovery-guatemala--3b8d68b7-ce52-45b2-be1a-1b46e5caa09e) · [Markdown](https://atlas-staging.minestarters.com/news/volcanic-gold-update-on-drilling-at-mila-gold-discovery-guatemala--3b8d68b7-ce52-45b2-be1a-1b46e5caa09e.md) - Original announcement: 2024-03-04T12:00:00.000Z - Atlas analysis published: Unknown date - Atlas analysis updated: Unknown date - Company: Volcanic Gold Mines Inc. (VG) - Original source: [tmx](https://money.tmx.com/en/quote/VG/news/7639543733404072/volcanic-gold-update-on-drilling-at-mila-gold-discovery-guatemala) - Atlas sentiment: 0.335 - Atlas tags: Bonanza Intercept, QA/QC Disclosed Volcanic Gold provides a geological update on the Mila Gold Discovery in Guatemala, noting that high-grade gold-bearing boulders likely moved from the Veta Madre Fault Zone. Surface rock chip sampling has returned exceptional grades, including up to 692 g/t gold, supporting the ongoing drilling campaign targeting the underlying structure. # Atlas tag definitions - **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm. - **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length. - **Step-Out Extension:** Mineralization extended beyond the previously known limit. - **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates). - **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. - **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty. - **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. - **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Deleterious Elements Present:** Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release. - **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery. - **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results. - **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. - **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. - **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors. - **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors. - **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. - **Tonnage Growth:** Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved. - **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics. - **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. - **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience. - **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. - **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard. - **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard. - **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. - **All Inferred:** 100% of resource is Inferred category — very early stage, no engineering confidence. - **Grade Decline:** Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. - **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. - **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning. - **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. - **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. - **Cut-off Lowered:** Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation. - **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers. - **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. - **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding. - **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. - **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. - **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. - **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress. - **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. - **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. - **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. - **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route. - **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation. - **Free Milling:** Simple, clean ore amenable to standard processing without oxidation. - **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed. - **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route. - **Low Recovery:** Recovery below the weak band for the commodity and processing route. - **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work. - **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery. - **Single Domain Only:** Testing limited to one composite or domain — representativeness not established. - **Recovery Stagnant:** No improvement across multiple test programs on comparable material. - **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result. - **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. - **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation). - **Gravity Route:** Gravity separation forms a material part of the flowsheet. - **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX. - **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.