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Rockland Resources Announces Advisor Chris Dorn as Incoming Chair of the BHSC and Reports on the International Beryllium Meetings Recently Held in Cobourg, Ontario
Thenewswire· 2025-04-11 12:00
Core Insights - Rockland Resources Ltd. participated in the Beryllium Health and Safety Committee (BHSC) Meeting held on March 25-26, 2025, focusing on the safe handling and future applications of beryllium in the clean energy sector [1][2] - The BHSC meeting had over 110 participants globally, emphasizing the growing importance of beryllium in clean energy development and the commitment to safe practices [2] - Rockland is exploring potential collaborations with MiRESSO, a fusion start-up from Japan, to locate and develop beryl properties that align with MiRESSO's future needs [2][3] Company Developments - Rockland is actively exploring for beryl in Utah, holding a strong land position with its Claybank and Beryllium Butte Projects [3] - The Spor Mountain region in Utah is recognized for its beryllium occurrences, with Materion Corp. being the largest producer of beryllium from bertrandite at its Spor Mountain Mine, operational since 1969 [3][4] - The company is advancing critical metals exploration, specializing in beryllium, in a region with over 50 years of established mining history [4] Industry Context - Beryllium is classified as a high-value, essential light metal with diverse applications across aerospace, telecommunications, electronics, medical, satellite, energy, and defense sectors, and is recognized as a critical material by the US Government [5]
AbraSilver Accelerates US$6.85 Million Payment to EMX Royalty Corp, Securing Diablillos Project
Thenewswire· 2025-04-10 22:00
Core Insights - AbraSilver Resource Corp. has completed the final property payment of US$6.85 million to EMX Royalty Corporation, ahead of the original due date of July 31, 2025, and reduced from the initial obligation of US$7.0 million, securing 100% ownership of the Diablillos silver-gold project in Argentina [1][2]. Company Overview - AbraSilver is an advanced-stage exploration company focused on the Diablillos silver-gold project, which is located in the mining-friendly Salta and Catamarca provinces of Argentina [4]. - The current Proven and Probable Mineral Reserve estimate for the Diablillos project is 42.3 million tonnes grading 91 grams per tonne silver and 0.81 grams per tonne gold, containing approximately 124 million ounces of silver and 1.1 million ounces of gold, with significant exploration upside potential [4]. - The company has also entered into an earn-in option and joint venture agreement with Teck on the La Coipita project in San Juan province, Argentina [4]. Management Commentary - John Miniotis, President and CEO of AbraSilver, stated that the completion of the final payment is a key milestone that strengthens the company's financial position and allows for a focus on advancing the Diablillos Project towards production [3].
Quantum Critical Metals to Attend at Kamloops Exploration Group Conference April 7 & 8
Thenewswire· 2025-04-07 20:00
Core Insights - Quantum Critical Metals Corp. is participating in the annual Kamloops Exploration Group conference on April 7th and 8th, 2025, to discuss its properties and projects [1][2] - The company focuses on advancing critical metals projects essential for next-generation technologies, with a portfolio that includes several promising assets [7] Industry Overview - Critical metals are vital for modern technologies, including renewable energy systems and advanced electronics, with both the U.S. and Canada identifying specific critical minerals for economic and national security [4] - Recent geopolitical developments, particularly China's export bans on critical minerals, have raised concerns about supply chain security, emphasizing the need for diversification and domestic sourcing of critical metals [5]
Rockland Resources Acquires the Claybank Beryllium Project Near the Spor Mountain Beryllium Mine
Thenewswire· 2025-03-25 12:00
Company Overview - Rockland Resources Ltd. has acquired the Claybank Beryllium Project in Juab County, Utah, which is strategically located near the largest global beryllium producer, Materion Corp's Spor Mountain [1][11] - The acquisition strengthens Rockland's position in the niche global beryllium market, aligning with the growing global demand for beryllium [2][11] Project Details - The Claybank Beryllium Project consists of two unpatented claims covering approximately 16 hectares (40 acres) [3] - Historical drilling in 1987 identified a beryllium mineralization zone approximately 70 meters long, with drillhole intercepts ranging from 0.25% to 0.65% Be [3][7] - A spring reconnaissance surface sampling and mapping program will commence once weather conditions allow [7] Acquisition Terms - The acquisition was finalized on March 19, 2025, involving cumulative cash payments of $400,000 USD and the issuance of one million warrants at $0.15 CAD [8] - A 2.5% Net Smelter Return (NSR) will be granted to the vendor, with an option for Rockland to buy back 1% for $1 million USD [8] Future Plans - The company plans to confirm historical results at Claybank with the intent to expand the historic mineralized zone [2][11] - Rockland has also set 25,000 options for a consultant at $0.15 for a period of two years [9]
Headwater Gold Intercepts 3.55 g/t Au over 7.62 m in New Target Area at Spring Peak Project, Nevada
Thenewswire· 2025-02-27 11:30
Core Insights - Headwater Gold Inc. announced successful results from its 2024 drill program at the Spring Peak project, significantly expanding high-grade mineralization and identifying new target zones for future drilling [1][2][3] Drilling Program Overview - The 2024 drill program involved 6,205 meters of drilling across 18 holes, focusing on new target areas and extensions of known mineralization along the Bear Fault corridor [3][4] - The program successfully confirmed high-grade gold in the new Shadow target and extended mineralization in the Southpaw target, indicating a strike extent of over one kilometer in the Bear Fault corridor [2][3][4] Key Target Areas - **Shadow Target**: Drill hole SP24-57 intersected 7.62 meters grading 3.55 g/t Au and 4.57 meters grading 3.16 g/t Au, including 1.52 meters at 7.67 g/t Au beneath a mercury-in-soil anomaly [4][6] - **Southpaw Target**: Drill holes SP24-52 and SP24-53 returned 4.75 g/t Au over 1.52 meters and 3.23 g/t Au over 1.52 meters, respectively, indicating strong mineralization in a significant step-out from the Disco Zone [4][10] - **Opal Ridge**: Anomalous gold was encountered in two drill holes, expanding the footprint of gold mineralization in the area [4][13] Mineralization Insights - The Bear Fault corridor, controlled by Headwater, has a strike extent of 15 kilometers, with drilling to date testing less than 1.5 kilometers, confirming high-grade mineralization and potential for parallel structures [4][10] - The presence of antimony and mercury associated with gold mineralization at depth serves as a critical tool for ongoing exploration efforts [6][10] Future Plans - The company plans to finalize the next phase of drilling to further explore and expand the high-grade mineralization footprint identified in the 2024 program [2][3]
SLAM Drills 117.6 Meter Zone at 0.54% Copper Equivalent Including New 17.1 Meter High Grade Zone at 1.1% Copper Equivalent in GW24-15
Thenewswire· 2025-02-12 16:35
Core Insights - SLAM Exploration Ltd. reported significant drilling results from the Goodwin copper nickel project, highlighting a 117.6 meter core interval grading 0.54% copper equivalent, including a high-grade zone of 17.1 meters grading 1.1% copper equivalent in hole GW24-15 [1][13] - The Logan, Farquharson, and Granges zones are identified as high-priority targets for the 2025 drilling campaign, with all zones open along strike and at depth [2][3] Drilling Results - The new high-grade zone in GW24-15 is the deepest intercept to date on the Logan zone, located 1,000 meters northwest of a previous high-grade intercept in the Farquharson zone [3] - The Logan zone shows increasing grades at depth, with significant intervals reported, including 2.00% copper equivalent over 64.9 meters in hole GW24-02 and 1.49% copper equivalent over 47.00 meters in hole GW24-03 [4][5][13] - The Farquharson zone has also shown increasing grades with depth, with core intervals ranging from 46 meters to 75 meters and grades from 0.75% to 1.26% copper equivalent [5][13] Project Expansion - The Goodwin project has been expanded to cover 11,450 hectares, extending 25 kilometers westward from the Bruce copper nickel occurrence, which was acquired in 2024 [10][13] - The project includes potential targets associated with gabbro intrusive bodies, indicating a promising mineralization environment [10][13] Upcoming Events - SLAM Exploration will participate in the PDAC Investors Exchange from March 2 to March 5, 2025, providing an opportunity to present the Goodwin Copper Nickel Project [11]