Thenewswire
Search documents
Cameo Samples Average 12.26 Grams Per Ton Gold on Katoro Properties in Tanzania
Thenewswire· 2025-08-18 13:00
Core Insights - Cameo Resources Inc. has announced positive results from a recent site visit to the Katoro Gold Properties in Tanzania, highlighting the area's potential for gold mining [1][2] Company Overview - Cameo Resources Inc. is a mineral exploration company focused on discovering and developing valuable mineral deposits [8] Property Details - The Katoro Gold Properties cover an area of 12.52 square kilometers within the Sukumaland Greenstone Belt, which is part of the Lake Victoria Goldfield, known for its multi-million-ounce gold deposits [2] - The properties have been previously explored by artisanal miners, with evidence of shallow pits and trenches indicating the presence of gold [2] Sampling Results - Samples taken from active artisanal mining pits on the property showed gold grades ranging from 1.63 g/t Au to 34.2 g/t Au, with an average of 12.26 g/t Au [3] - Nearby hard rock operations returned assays from 12.58 g/t Au to 238.74 g/t Au, averaging 108.83 g/t Au, indicating high gold values in the vicinity [4] Ongoing Exploration - The company is conducting a High-Resolution Drone Magnetic Survey over the Katoro Gold Properties to delineate mineralization potential, covering approximately 230 line-kilometers [5] - The survey aims to generate maps for structural interpretation and lithological mapping, which will help identify major shear zones and faults that may control gold mineralization [5] Expert Commentary - Brian Thurston, the company's technical advisor, emphasized the strategic location of the Katoro property amidst active gold operations, suggesting a promising outlook for mineralization [5]
Norsemont Announces Closing of 2nd Tranche of Private Placement Led by Rob Mcewen and Other Strategic Investors
Thenewswire· 2025-08-18 13:00
News Release - Vancouver, British Columbia – TheNewswire - August 18th, 2025 – Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1) ("NOM" or the "Company") is pleased to announce that legendary mining investor Rob McEwen, Chairman and Chief Owner of McEwen Inc. (TSX: MUX, NYSE: MUX) led this strategic round and further to its news release dated August 1, 2025, it has closed the second tranche of a non-brokered private placement consisting of 2,320,000 units of the Company at CAD $0.60 per unit for gro ...
Argenta Silver Validates Deposit Continuity and Expands Known Resource with High Grade Silver Intercepts
Thenewswire· 2025-08-18 12:30
Core Viewpoint - Argenta Silver has released promising assay results from its El Quevar Project, indicating a strong potential for high-grade silver resources, which has positively impacted its stock price and market perception [1][2][5]. Company Overview - Argenta Silver is a relatively new company, established 8 months ago, led by a young CEO, Joaquín Marias, who is 37 years old. The company has seen a significant share price increase of 300% year-to-date, rising from C$0.21 to C$0.63 [2]. - The El Quevar Project covers an area of 57,000 hectares, with less than 3% explored comprehensively. The project is well-equipped with infrastructure, including 60 kilometers of internal roads and a fully operational camp for 100 workers [3]. Drilling Program - The ongoing 2025 winter drilling program consists of 4,000 meters, with 15% for confirmation, 25% for expansion, and 60% for exploration drilling. The company believes the Yaxtché deposit remains open for further exploration [4]. - Recent drill results have confirmed the high-grade nature of the silver mineralization, with the highest assay recorded at 18,467 g/t silver over 1.05 meters within a broader interval of 1,026 g/t silver over 40.00 meters [5][7]. Financial Developments - On August 12, 2025, Argenta Silver raised CND $15 million at a price of C$0.40 per unit, with notable investments from Frank Giustra and Tyrus S.A., an affiliate of Eduardo Elsztain [10][12]. - Giustra's ownership now represents 15.09% of the outstanding common shares, while Elsztain controls 12.57% of the outstanding shares [10][12]. Mineral Resource Estimate - The foundational Mineral Resource Estimate of the Yaxtché deposit includes an indicated resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag [17].
Andina Copper Initiates Field Evaluation Of Mantau Copper Project, Chile
Thenewswire· 2025-08-18 12:30
Core Insights - Andina Copper Corporation has initiated field assessments at the Mantau copper-gold target in northern Chile, which is strategically located near significant copper discoveries [2][4][8] Project Highlights - The Mantau project covers a 4,500ha tenement in a premier mining jurisdiction, with historical copper workings indicating potential for stratabound and Iron Oxide Copper Gold (IOCG) mineralization [3] - Previous surface rock chip sampling has shown grades of up to 28.6% copper and 5.91g/t gold, highlighting the area's mineral potential [3] - The project is in close proximity to Marimaca Copper's recent Pampa Medina sulphide copper discovery and other notable projects, enhancing its attractiveness [3][4] Work Program - Andina has begun a comprehensive review of historical work and is conducting reconnaissance mapping and rock chip sampling to assess historical occurrences and alteration zones [3] - A detailed geochemical orientation survey is being prepared to optimize future sampling techniques, alongside drone-based aerial photogrammetry [3] - The company is evaluating cost-effective geophysical techniques, including magnetics surveys and methods like Induced Polarisation (IP) and Audio-Magnetotelluric (AMT) for further exploration [3] Corporate Strategy - The President & CEO expressed excitement about the Mantau project, emphasizing its strategic location among numerous copper mines and recent discoveries [4][6] - The company is entering a period of intensive field activities and plans to pursue a dual listing on the TSX-V and ASX, indicating growth ambitions [6][8]
Homeland Nickel Exploration Update at Red Flat and Property Acquisition
Thenewswire· 2025-08-18 12:15
Core Points - Homeland Nickel Inc. has received a Surface Use Determination (SUD) from the Forest Service for its drilling plan at the Red Flat Nickel Laterite Project, which includes drilling 44 sonic holes [1][2] - The SUD approval is subject to certain conditions, including relocating one hole and conducting independent sampling to verify drill results [2] - The next steps involve a meeting with the Forest Service Ranger and completing a National Environmental Policy Act (NEPA) review [3][4] Exploration Update - The company has staked 196 mining claims at Woodcock Mountain, covering 4,050 acres, which is recognized for significant nickel laterite concentrations by the USGS [5][6] - Historical assays at Woodcock Mountain have shown nickel grades over 1.0%, with a notable 15-foot interval grading 1.5% nickel [6] - The company aims to expedite exploration across all four properties, including Woodcock Mountain and Eight Dollar, which are outside the withdrawal area in Southern Oregon [6]
Ventripoint Diagnostics Appoints Thomas Brown as Director of Congenital Heart Defect Program
Thenewswire· 2025-08-18 12:10
Core Insights - Ventripoint Diagnostics Ltd. has appointed Thomas Brown as Director of the Congenital Heart Defect (CHD) Program to enhance its market leadership in pediatric cardiology [1][3] - Mr. Brown has over 20 years of experience in medical imaging sales and market expansion, previously serving as Vice President of North American Sales at Intelligent Ultrasound [2][5] - The appointment aims to accelerate the adoption of Ventripoint's VMS+™ technology in the CHD segment and related markets such as cardio-oncology and heart failure [3][4] Company Strategy - The appointment of Mr. Brown is part of Ventripoint's multi-segment growth strategy, focusing on innovative imaging solutions [4] - Ventripoint's VMS+™ technology offers MRI-comparable cardiac volumetric analysis using standard 2D ultrasound, which reduces costs and wait times for clinicians and patients [4][7] - The company aims to expand its product applications across various ultrasound systems, supported by regulatory approvals in the U.S., Europe, and Canada [7]
SuperQ Quantum Expands Super (TM) Platform in The UAE with the Launch of Asia's First Quantum Super (TM) Hub in Strategic Partnership with Sharjah Research, Technology and Innovation Park; Updates OTC Symbol to: ATMGF
Thenewswire· 2025-08-18 12:00
Core Insights - SuperQ Quantum Computing Inc. has announced a strategic partnership with Sharjah Research, Technology and Innovation Park to establish Asia's first quantum Super Hub, aimed at accelerating the adoption of quantum and supercomputing technologies in the Middle East and Asia [1][2][5] Group 1: Partnership and Strategic Goals - The partnership includes technical deployments, commercial programs, joint projects, education, workforce development, and go-to-market initiatives [1][2] - SuperQ has established "SuperQ Computing Middle East" at SPark to enhance its commercial growth in the UAE and broader Asian market [1][5] - The initiative aims to position the UAE as a global leader in quantum computing and AI, with a focus on practical applications and real outcomes [4][5] Group 2: Super Hub Details - The Super Hub will be located in SRTI Park's SoiLAB, a state-of-the-art prototyping and innovation facility, with a formal launch planned for September [2] - The Hub will provide access to SuperQ's Super™ platform, which integrates quantum annealing, gate-based quantum computing, and classical supercomputing [2][10] - AI enablement will be facilitated through SuperQ's partner Staque's Que autonomous intelligence framework, supporting priority areas such as logistics, energy systems, advanced manufacturing, and healthcare [2][5] Group 3: Ecosystem and Collaboration - SPark is designed to catalyze R&D, entrepreneurship, and business growth, strategically located next to major universities to foster collaboration [3][6] - The partnership will include co-branded programming, training, masterclasses, hackathons, and project acceleration for startups, SMEs, corporates, and research groups [5] - Near-term initiatives will focus on enterprise proof-of-concepts and education programs for students and professionals in quantum and AI [5][6]
Voyageur Advances Frances Creek Barite Project with VAST Engagement for Bulk Sample Permit
Thenewswire· 2025-08-18 11:30
Calgary, Canada – TheNewswire – August 18, 2025 - Voyageur Pharmaceuticals Ltd. (TSX.V: VM) (OTC: VYYRF) ("Voyageur" or the "Corporation"), is pleased to announce that it has engaged VAST Resource Solutions Inc. ("VAST"), a leading multidisciplinary consulting firm based in British Columbia, to prepare and lead the submission of a Bulk Sample Permit Application for the Frances Creek Barite Mine. Voyageur's management believes Frances Creek represents a highly strategic asset in the North American contrast m ...
Inflection Resources Provides Update on Trangie Project Drilling in New South Wales, Australia
Thenewswire· 2025-08-18 10:30
Core Viewpoint - Inflection Resources Ltd. has provided an update on the drilling results from the Trangie project in New South Wales, Australia, indicating positive mineralization and potential for a large-scale porphyry system [2][5][11]. Drilling Update - A total of eight drill holes (TRNDH024 to TRNDH031) were completed, totaling 4,052 meters, to follow up on previous mineralization findings [3][5]. - The new drill holes have expanded the known mineralized footprint by 100 meters westward, 200 meters north, and 200 meters southwest from the previous intercept [5]. - Drill hole TRNDH028 reported the most significant gold mineralization, with 42.15 meters grading 0.33 g/t Au from 263.33 meters [5][9]. Geological Insights - The mineralization and alteration footprint suggest a large-scale porphyry system, with a defined area of 500 meters by 500 meters showing porphyry-related alteration [5]. - The presence of biotite-albite altered siltstone and sandstone units, along with monzodiorite intrusions, indicates a high-temperature environment typical of porphyry systems [11][10]. AngloGold Ashanti Agreement - Under the Exploration Agreement, AngloGold Ashanti has the option to earn an initial 51% interest in the Trangie project by funding AUD$7,000,000 within 36 months [26]. - Subsequent phases allow for additional ownership stakes, potentially increasing AngloGold Ashanti's interest to 75% through further funding [27][30]. Project Context - The Trangie project is part of a broader exploration strategy targeting large copper-gold deposits in the Macquarie Arc, a significant porphyry copper-gold province in Australia [31]. - The project utilizes cost-effective drilling methods to explore mineralized bodies, which are known to have extensive alteration and geochemical halos [32].
Prismo Engages Windfall Geotek for Data Analysis at Hot Breccia
Thenewswire· 2025-08-18 07:30
Core Viewpoint - Prismo Metals Inc. has engaged Windfall Geotek Inc. to utilize its proprietary Windfall AI System for analyzing geophysical, topography, and drill hole data at the Hot Breccia copper project in Arizona, aiming to advance exploration efforts in a region known for its rich copper deposits [1][5]. Company Overview - Prismo Metals Inc. is focused on advancing its Hot Breccia copper project in Arizona and its Palos Verdes silver project in Mexico [16]. - The Hot Breccia property spans 1,420 hectares and is located in the Arizona Copper Belt, surrounded by several world-class copper mines [12]. Project Details - The Hot Breccia Project is situated in a region with significant historical copper mining activity, including proximity to mines like Christmas, Morenci, Ray, and Resolution [2][12]. - Historical drilling in the 1970s by a Rio Tinto subsidiary revealed high-grade copper mineralization at depths of 640 to 830 meters, with notable intercepts including 23 meters at 0.54% Cu and 18 meters at 1.4% Cu [6][12]. Technological Engagement - The Windfall AI System, developed by Windfall Geotek, employs advanced machine learning and pattern recognition algorithms to analyze large datasets and identify exploration targets [5][17]. - The collaboration with Windfall Geotek is part of Prismo's commitment to enhance exploration efforts and engage potential strategic partners in the district [5][3]. Future Plans - Prismo aims to conduct a minimum of 5,000 meters of drilling at the Hot Breccia project, with results from the Windfall Geotek study expected by early September [5][6]. - The company has identified a large conductive anomaly beneath the breccia outcrops, indicating potential for further mineralization [12][13].