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Precipitate's IP Geophysical Survey Reveals New 1,600-metre-long Exploration Corridor at the Southeast and Centro Zones of the Juan de Herrera Project, Dominican Republic
Thenewswire· 2025-09-08 13:05
Core Insights - Precipitate Gold Corp. has announced preliminary results from the induced polarization (IP) ground geophysical survey at its Juan de Herrera Project in the Dominican Republic, indicating promising exploration potential [1][3]. Survey Progress and Results - The company has completed 75% of the proposed IP geophysical survey, covering four priority exploration targets: Ginger Ridge East, Southeast, Centro, and Jengibre South, achieving 22.5 line kilometers of the planned 30 kilometers [2]. - Initial survey data from the Southeast and Centro zones have identified several new chargeability anomalies, many coinciding with significant soil geochemical anomalies, and extending beyond depths of 350 meters [3][4]. Geophysical Survey Highlights - A northwest trending exploration corridor of chargeability high anomalies has been delineated, measuring at least 1.6 kilometers long, correlating well with surface soil geochemical values [4]. - High chargeability readings average about 5 to 6 mv/v, with some local readings reaching up to 12 mv/v, indicating potential mineralization [4]. - The survey has revealed numerous prospective chargeability anomalies that appear as discrete and 'stacked' hypothesized sulphide-rich mineralized bodies [4]. Future Exploration Plans - The company plans to continue exploration activities, including additional prospecting, rock sampling, geological mapping, and selective hand trench channel sampling in the CN, Southeast, Centro, and Jengibre South zones [6]. - Further results from the remaining survey areas will be reported as they become available, with a comprehensive interpretation of the entire dataset anticipated before future drilling [3][4]. Project Overview - The Juan de Herrera Project spans approximately 12,706 hectares and is located adjacent to GoldQuest Mining's Romero gold-copper project, hosting intermediate sulphidation epithermal and VMS style exploration targets [10]. - The project has seen significant exploration activity, with approximately 5.0 million gold equivalent ounces discovered in the Tireo Formation belt over the last decade, highlighting the area's potential [10]. Company Profile - Precipitate Gold Corp. is focused on mineral exploration in the Dominican Republic, with additional projects adjacent to significant mining operations, including the Pueblo Viejo mine [11]. - The company is actively evaluating high-impact property acquisitions to expand its portfolio and enhance shareholder value [11].
Allegiant Gold Ltd. Announces Name Change and Rebranding to A2 Gold Corp.
Thenewswire· 2025-09-08 13:00
Core Insights - Allegiant Gold Ltd. is rebranding to A2 Gold Corp. to signify its growth as a leading gold explorer in Nevada [1][2] - The company has raised $14 million in equity capital and is focusing on its flagship Eastside project, which has delineated 1.4 million ounces of inferred gold resources and 8.8 million ounces of silver [1][2] - A significant drill program of 18,000 to 20,000 meters is planned to expand existing resources and discover new zones [2] Company Developments - The name change to A2 Gold Corp. is pending approval from the TSX Venture Exchange, with existing ticker symbols remaining unchanged [2] - The company has retained Peak Investor Marketing Corp. to enhance its marketing strategy and increase market awareness [4][5] - Under the agreement with Peak, the company will pay $12,000 per month for 12 months and issue 400,000 stock options, subject to TSX-V approval [6] Project Highlights - The Eastside project is described as a district-scale project with significant gold resources and excellent infrastructure [7] - Less than 20% of the property has been explored, indicating potential for resource expansion [7] - Preliminary metallurgical testing suggests that both oxide and sulphide gold mineralization at Eastside can be processed through heap leaching [7]
Granada Gold Appoints new Director to the Board
Thenewswire· 2025-09-08 13:00
Core Insights - Granada Gold Mine Inc. has appointed Christopher Ecclestone as a director, bringing extensive mining experience and strategic insight to the company [1][2][4] Company Overview - Granada Gold Mine Inc. is focused on developing its 100% owned Granada Gold Property located near Rouyn-Noranda, Quebec, covering an area of 14.73 square kilometers [5] - The property includes the former Granada Gold underground mine, which produced over 50,000 ounces of gold at a grade of 10 grams per tonne in the 1930s [6] Strategic Focus - Christopher Ecclestone's role as CEO of Mission Critical Metals positions him to evaluate strategic opportunities for Granada's rubidium asset, a critical metal [3][4] - The company has achieved a 99% extraction rate for rubidium using the Re-2Ox process, highlighting its potential in the critical minerals market [4] Market Context - The current gold price is around US$3,500 per ounce, emphasizing the importance of production for the company [3] - The convergence of gold production and critical mineral supply chains presents exceptional value potential for both traditional gold investors and those focused on strategic minerals [4]
Gamma Resources Completes Strategic Uranium Acquisitions in Utah and New Mexico
Thenewswire· 2025-09-08 12:30
VANCOUVER, British Columbia – TheNewswire - September 8, 2025 – GAMMA Resources Ltd (TSX-V: GAMA; OTCPK: MLLOF; Frankfurt: MRDN) (“GAMMA” or the “Company”) is pleased to announce that the TSX Venture Exchange has approved the acquisition of the Green River and Mesa Arc uranium projects, previously announced on April 16, 2025.  Under a lease agreement dated April 14, 2025, with an arm’s length vendor, C Bar B Properties Corp. (the “Vendor”), Gamma has secured a four-year lease with an exclusive option to pur ...
American Salars Provides Corporate Update
Thenewswire· 2025-09-08 12:30
VANCOUVER, BC – TheNewswire - SEPTEMBER 8, 2025 – AMERICAN SALARS LITHIUM INC. ("AMERICAN SALARS" OR THE "COMPANY") (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) announces that it has terminated its agreement with Vanguard Mining formerly Recharge Resources Corp to acquire the 800-hectare Pocitos 1 claim that it announced on June 17, 2024. The Company has decided not to proceed with the acquisition due to significant costs to settle local liabilities as part of the acquisition agreement. The Company is st ...
Scandium Canada Announces Upsize of Previously Announced Private Placement to $564,500
Thenewswire· 2025-09-08 12:25
MONTRÉAL (QUÉBEC) – TheNewswire - September 8, 2025 - Scandium Canada Ltd. (TSX-V: SCD) (the “Corporation”) is pleased to announce that, due to strong demand, including from existing shareholders, its previously announced private placement (the "Offering"), is now oversubscribed. The Company has elected to upsize the Offering for aggregate gross proceeds of C$564,500.This Offering consist of the issuance of units of the Corporation (the “Units”) at a price of $0.025 per Unit. Each Unit consists of one comm ...
Juggernaut Samples up to 256.60 g/t Or 8.25 oz/t Gold and Identifies 4 New Gold-Rich Zones that Remain Wide Open and are Drill Ready within the Highway of Gold Corridor on the Big One Property, Golden Triangle, B.C.
Thenewswire· 2025-09-08 12:05
Core Insights - Juggernaut Exploration Ltd has identified four extensive drill-ready gold-rich zones along the 15 km Highway of Gold Corridor within the Eldorado System, showcasing significant gold assay results [1][2][8] - The company has expanded the high-grade gold mineralized Eldorado System, which contains over 500 widespread mineralized veins covering approximately 9 km² [1][2][8] - The initial exploration results indicate a strong potential for a new district-scale gold system, with the company planning an inaugural drill program to further assess these zones [2][3][8] Summary by Zones Gold Dome Zone - The Gold Dome Zone has grab samples assaying up to 256.60 g/t Au (8.25 oz/t Au) and a channel cut assaying 5.45 g/t Au over 2.77 meters [1][7] - The zone measures approximately 3 km by 1.5 km, with extensive shear zones and veins up to 4 meters wide [6][7] - A total of 46 out of 191 samples (24%) assayed over 1 g/t Au, indicating strong mineralization [6][7] Gold Swarm Zone - The Gold Swarm Zone features grab samples with assays up to 226.94 g/t Au (7.30 oz/t Au) and a channel cut assaying 4.02 g/t Au over 4.36 meters [5][6] - This zone covers an area of about 1 km by 1 km and has a vertical relief of 440 meters [5][6] - 27 out of 44 samples (61%) assayed over 1 g/t Au, confirming its drill-ready status [5][6] Big Mac Zone - The Big Mac Zone measures approximately 1 km by 1 km, with multiple large veins and shear zones up to 10 meters wide [3][4] - Grab samples have assayed up to 111.35 g/t Au (3.58 oz/t Au), with channel cuts showing significant gold content [3][4] - 14 out of 26 samples (54%) from this zone assayed over 1 g/t Au, indicating its readiness for drilling [4] Whopper Zone - The Whopper Zone spans about 2 km by 2 km, with veins up to 5 meters wide and extensive shear zones [4][5] - Channel cuts have assayed up to 39.84 g/t Au (1.28 oz/t Au) within a larger interval of 6.71 g/t Au over 3.06 meters [4][5] - 32 out of 158 samples (20%) assayed over 1 g/t Au, confirming its potential for drilling [5] Exploration and Development - A total of 421 rock samples were collected during the 2025 exploration season, focusing on gold assays, with results for other metals pending [7][8] - Detailed geological mapping and UAV photogrammetry surveys have been completed to support the upcoming drill program [7][8] - The company has submitted a drill permit application to the British Columbia Ministry of Mining and Critical Minerals [10]
Zonetail Inc. Announces New Non-Brokered Private Placement for up to $1,000,000
Thenewswire· 2025-09-08 11:30
 TORONTO, Ontario – TheNewswire - September 8, 2025 - Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it intends to offer for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of shares of the Company at a price of $0.02 per share for aggregate gross proceeds of up to $1,000,000 (“Maximum Proceeds”). The Offering is subject to the receipt of all necessary approvals, including the approval of the Toronto Venture Excha ...
Headwater Gold Advances Targets at Crane Creek and Receives Permits for Initial Drill Test
Thenewswire· 2025-09-08 10:30
Core Insights - Headwater Gold Inc. has completed airborne magnetic and radiometric surveys along with a ground gravity survey at its Crane Creek gold project in Idaho, and has received necessary drilling permits [1][2][16] - The company has identified new high-priority drill targets beneath gold-bearing epithermal quartz veins, which have not been tested at depth, indicating potential for significant mineralization expansion [2][15] - The geophysical surveys have revealed a 4 km by 2 km zone of potassium enrichment, suggesting hydrothermal alteration and highlighting exploration potential beyond previously known areas [2][3][12] Geophysical Survey Results - The airborne radiometric survey covered 302 line-km and identified a broad radiometric high associated with increased potassium concentrations, indicating hydrothermal fluid flow [3][12] - The magnetic survey revealed a strong NNW structural trend, allowing for the mapping of potential target structures under cover, which have not been drill tested [8][11] - Ground gravity surveys indicated a northwest-trending gravity low, consistent with basin-bounding structures, and highlighted the continuity of a major Miocene graben, a favorable setting for epithermal deposits [12][15] Exploration Strategy - The company is evaluating strategic options for advancing the Crane Creek project, including potential partnerships and the possibility of conducting initial drilling independently [2][19] - Permits for exploration drilling are in place, allowing for confirmation drilling of historical mineralized zones and initial tests at untested depths [16][17] - The integration of new geophysical data with existing datasets suggests the potential for testing historic high-grade intercepts and newly generated structural targets [15][18] Project Overview - The Crane Creek project is located in western Idaho, approximately 18 km northeast of Weiser, and encompasses 1,240 hectares of mineralized epithermal quartz veins [17][19] - Historical drilling from 1984 to 1996 primarily targeted shallow mineralization, with many high-grade intercepts not followed up, indicating untapped potential at greater depths [18][19] - The project is strategically positioned near the Nutmeg Mountain gold deposit, enhancing its exploration appeal [12][17]
Electrum Discovery Corp. Opens a Non-brokered Private Placement of up to C$1.4 million
Thenewswire· 2025-09-08 06:00
Core Viewpoint - Electrum Discovery Corp. has initiated a non-brokered private placement to raise up to approximately $1.4 million through the issuance of 20,000,000 units at a price of $0.07 per unit [1][3]. Group 1: Private Placement Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.15 for 24 months post-placement [2]. - The net proceeds from the offering will be allocated for exploration and development of mineral projects in Serbia, as well as for working capital and general corporate purposes [3]. - Certain insiders may participate in the private placement, and a finder's fee may be paid to registrants assisting in the placement [4]. Group 2: Regulatory and Compliance Information - The completion of the private placement is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture Exchange [4]. - The securities issued will be subject to a four-month plus one day hold period under applicable Canadian securities laws [5]. Group 3: Company Overview - Electrum Discovery Corp. is a Canadian growth-oriented company focused on enhancing shareholder value through its two projects: gold-silver Novo Tlamino and copper-gold Timok East, located in Serbia's Western Tethyan Belt [6]. - The company aims to maximize the value of its mineral projects for stakeholders, including shareholders and the local community, while promoting sustainability and governance [7].