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Cruz Battery Metals Announces Maiden Mineral Resource Estimate on its Solar Lithium Project in Big Smokey Valley, Nevada
TMX Newsfile· 2026-03-18 07:01
Core Viewpoint - Cruz Battery Metals Corp. has announced its maiden mineral resource estimate for the Cruz Solar Lithium Clay Deposit, indicating significant lithium resources in Nevada [1][2]. Group 1: Mineral Resource Estimate - The maiden mineral resource estimate (MRE) at a 300 ppm Li cutoff includes 50 million tonnes (Mt) at 608 ppm Li, equating to 161,000 indicated tonnes of lithium carbonate equivalent (LCE), and 183 Mt at 539 ppm Li, equating to 525,000 inferred tonnes of LCE [1][2]. - Stantec's base case MRE at a 500 ppm cutoff shows 35 Mt at 697 ppm Li for 128,000 indicated tonnes of LCE and 103 Mt at 641 ppm Li for 352,000 inferred tonnes of LCE [3]. Group 2: Technical Report and Qualified Person - The mineral resource estimate was prepared by Joan Kester, P.Geo of Stantec Consulting Services Ltd., following CIM guidelines and reported in accordance with Canadian Securities Administrators NI 43-101 [3][4]. - Joan Kester has direct experience in lithium clay exploration projects in Nevada and is recognized as a qualified person for the American Lithium Corp. TLC Lithium Project [3]. Group 3: Company Overview - Cruz Battery Metals Corp. has additional projects, including the South Advocate Hydrogen Project in Nova Scotia and the Sterling South Gold/Copper Project in Ontario, alongside several battery metals-focused projects in the USA [5]. - The company's Nevada lithium projects include the Solar Lithium Project, the Clayton Valley Lithium Brine Project, and the Central Clayton Valley Lithium Brine Project [5].
Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Announces Work on Maiden Mineral Resource Estimate - Hires SRK Consultants
TMX Newsfile· 2026-03-17 11:00
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2026) - Antimony Resources Corp. (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0) (the "Company" or "Antimony Resources" or "ATMY") is pleased to announce it is taking significant steps towards the determination of a Maiden Mineral Resource Estimate ("MRE") for the Bald Hill Antimony Deposit in New Brunswick, Canada.The first step is to complete a 10,000-meter program of definition drilling on the Main Zone. The aim is to have detailed drill density sufficient ...
CORRECTION FROM SOURCE: EV Nickel Announces Maiden Mineral Resource Estimate for Gemini North Nickel Zone
Accessnewswire· 2026-03-13 22:00
Core Insights - EV Nickel has announced a maiden mineral resource estimate for the Gemini North Nickel Zone, part of its Shaw Dome Project, indicating significant nickel resources with a total of 93.5 million tonnes averaging 0.23% Ni [1][2] - The resource estimate includes 9.5 million tonnes of Indicated Resources at 0.27% Ni and 84 million tonnes of Inferred Resources at 0.22% Ni, containing 56 million pounds and 411 million pounds of nickel respectively [1][2] - The company plans to file a Technical Report supporting the Mineral Resource Estimate on SEDAR+ within 45 days [1] Resource Details - The Gemini North Zone contains a potential Pit Constrained Starter Zone of 25.5 million tonnes grading 0.27% Ni and 0.34% S, which consists of both Indicated and Inferred Resources [1] - The Mineral Resource Estimate is effective as of February 26, 2026, and was derived from a diamond drilling program consisting of 23 holes totaling 6,682 meters [1][2] - The estimate demonstrates the potential for multiple large-scale deposits along the CarLang Trend, which could support a centralized processing plant [1] Exploration and Future Potential - The Gemini North Nickel Zone is open along strike and at depth, with further exploration expected to enhance the resource estimates [1][2] - The company aims to maximize the economic value of the deposit by focusing on higher-grade nickel and sulphur portions of the mineralization [1] - The overall CarLang C target area is significantly larger than the current resource estimate, indicating substantial potential for resource expansion [1][2] Technical and Quality Assurance - The Mineral Resource Estimate was prepared following NI 43-101 standards, with Dr. Scott Jobin-Bevans serving as the independent Qualified Person [1][2] - The drilling data and assay results were validated through industry-standard QA/QC procedures, ensuring the reliability of the resource estimates [2]
Military Metals Drills 4.6 Meters of 4.1% Antimony Including 2.6 Meters of 7.0% Antimony - Maiden Resource Forthcoming at Flagship Trojarova Project, Europe
TMX Newsfile· 2026-03-12 15:04
Core Insights - Military Metals Corp. has reported final analytical results from its drilling campaign at the Trojárová Antimony-Gold Project in Slovakia, confirming historical drilling results and supporting the establishment of a current mineral resource estimate expected by the end of Q1 2026 [1][6]. Drilling Results - The 2025 drilling campaign included seven drill holes, with five returning significant antimony intercepts and four returning significant gold intercepts [4][5]. - Notable results from Hole 25-TVA-003 include 4.6 meters of 4.1% antimony over a true width of 4.5 meters, with a high-grade section of 2.6 meters at 7.0% antimony [3][4]. - The results are consistent with historical data, reinforcing the project's potential as a significant domestic antimony deposit within the European Union [5][6]. Strategic Importance - Antimony is highlighted as a strategically important metal for modern defense technologies, with applications in ammunition, military alloys, advanced electronics, and flame-retardant systems [6]. - The project underscores its critical importance amid shifting global defense dynamics and increasing scrutiny of supply chains for critical minerals [6].
Canadian Gold Resources Announces 19.5 g/t Gold Over 1.0 Metre in First Hole from Maiden Lac Arsenault Drill Program
TMX Newsfile· 2026-03-03 22:05
Core Viewpoint - Canadian Gold Resources Ltd. has announced initial assay results from its diamond drill program at the Lac Arsenault Project, confirming high-grade gold mineralization within the Baker Vein system [1][5]. Drill Hole Details - The drilling is focused on testing mineralization beneath the planned bulk sample area of the Baker and Mersereau veins [2]. Program Objectives - The drill campaign aims to confirm historic drilling results, demonstrate vertical continuity of gold mineralization, test for down-dip extensions of known high-grade zones, improve vein geometry definition, and support resource development [3]. Drilling Methodology - The Baker Vein is being drilled using a fan pattern with three holes per setup at varying dips, with five setups completed to date [4]. This systematic approach is intended to evaluate vertical grade continuity and refine structural interpretation [4]. Management Commentary - The President and CEO of Canadian Gold Resources expressed optimism about the initial results, which confirm high-grade gold mineralization and support the objective of demonstrating vertical continuity beneath historic workings [5]. Sampling and Analytical Methods - Drilling was conducted using HQ-sized diamond core, with samples transported to Activation Laboratories Ltd. for analysis. The company employs a quality assurance and quality control program to ensure analytical accuracy [6]. Project Overview - The Lac Arsenault Property is located in Québec's Gaspé region and is interpreted to share geological characteristics with other prolific gold-bearing systems. The property hosts several high-grade vein systems and covers over 3,600 hectares, strategically located near infrastructure [7]. Historical Resource Estimates - Historical estimates of mineral resources predate NI 43-101 and require further verification. The company considers these estimates relevant as they indicate significant gold and silver mineralization at shallow depths [8][10]. Future Plans - To comply with current standards, Canadian Gold plans to conduct systematic drilling to confirm grades and geometry, build a validated geological model, and commission an independent NI 43-101 compliant resource estimate [12][23].
Athena Receives Permits for Maiden Drill Program at Laird Lake Project in Ontario's Red Lake Gold Camp
Accessnewswire· 2026-03-02 12:00
Core Viewpoint - Athena Gold Corporation has received permits for its maiden drill program at the Laird Lake project in Ontario's Red Lake Gold District, indicating progress in exploration efforts [1] Group 1: Drill Program Details - The company plans a fully funded 5,000 meter drill program to test new targets [1] - Drill contractors have been selected, and targets have been refined based on new geophysical interpretations [1] - Mobilization for the drill program is expected to occur in the coming weeks [1]
EV Nickel Announces Maiden Mineral Resource Estimate for Gemini North Nickel Zone
Accessnewswire· 2026-02-26 22:30
Core Insights - The article highlights a significant deposit at CarLang A, characterized by "Mt. Keith Style" primary sulphide mineralization with higher confirmed nickel recoveries [1] Resource Summary - The Gemini North Zone Resources total 93.5 million tonnes, averaging 0.23% nickel, with a net smelter return (NSR) cut-off of US$7.35 per tonne [1] - The resources are divided into Indicated Resources of 9.5 million tonnes at 0.27% nickel, containing 56 million pounds of nickel, and Inferred Resources of 84.0 million tonnes at 0.22% nickel, containing 411 million pounds of nickel [1] - The Gemini North Zone includes a potential Pit Constrained Starter Zone of 25.5 million tonnes grading 0.27% nickel and 0.34% sulphur, consisting of both Indicated and Inferred Resources [1]
Sitka Gold Announces Maiden Resource Estimate at Its Rhosgobel Gold Deposit and Expands Total Mineral Resource Estimate at the RC Gold Project, Yukon
TMX Newsfile· 2026-02-25 10:00
Core Insights - Sitka Gold Corp. announced an updated Mineral Resource Estimate (MRE) for the RC Gold Project, which includes significant new resources from the Rhosgobel Gold Deposit and updates for the Eiger Gold Deposit [1][2][4] Resource Estimates - The updated MRE includes an initial resource estimate for the Rhosgobel Gold Deposit of 2,250,000 ounces of gold inferred (100.68 million tonnes at 0.70 g/t Au) [2][10] - The Eiger Gold Deposit now has an updated resource estimate of 535,000 ounces of gold inferred (32.14 million tonnes at 0.52 g/t Au) [2][10] - The Blackjack Gold Deposit has an indicated resource of 1,291,000 ounces of gold (39.96 million tonnes at 1.01 g/t Au) and an inferred resource of 1,044,000 ounces of gold (34.60 million tonnes at 0.94 g/t Au) [2][10] Total Resource Summary - The total MRE for the RC Gold Project now stands at 1,291,000 ounces of gold indicated and 3,829,000 ounces of gold inferred, with contributions from Rhosgobel, Blackjack, and Eiger deposits [10][27] - The Rhosgobel deposit shows strong continuity of gold mineralization starting at surface, indicating scalability and development potential [4][9] Drilling and Exploration Plans - Sitka Gold plans to conduct 60,000 meters of diamond drilling in 2026, effectively doubling the total drilling completed to date, focusing on expanding known resources and exploring high-priority targets [5][10] - The company has allocated 30,000 meters of drilling specifically for the Rhosgobel deposit this year, anticipating significant resource growth [4][10] Metallurgical Testing - Initial metallurgical testing of the Rhosgobel deposit indicated gold recoveries of 89% and 96%, confirming the non-refractory nature of the gold mineralization [10][28] - The presence of significant tungsten mineralization in the Rhosgobel deposit is also noted, with ongoing analytical work to define tungsten values [10][11] Technical Reporting - A National Instrument 43-101 Technical Report detailing the mineral resource estimates is in preparation and will be filed on SEDAR within 45 days of the announcement [3][17]
Galiano Gold Delivers Annual Mineral Reserve and Mineral Resource Update, Highlighted by Maiden Underground Mineral Resources at Nkran and Abore
TMX Newsfile· 2026-02-12 22:15
Core Viewpoint - Galiano Gold Inc. has provided updated Mineral Reserve and Mineral Resource estimates for the Asanko Gold Mine, highlighting significant growth potential through the maiden underground resources at the Nkran and Abore deposits, which are expected to enhance the company's long-term value and mine life [1][3][10]. Mineral Reserve Highlights - Proven and Probable Mineral Reserves are estimated at 47.5 million tonnes at an average grade of 1.29 grams per tonne, containing approximately 1.97 million ounces of gold [2]. - Mineral Reserves were calculated based on varying gold prices, with $1,900 per ounce for Esaase, $1,700 for Nkran, Abore, Adubiaso, and Midras South, and $1,500 for Miradani North and Dynamite Hill [2]. Mineral Resource Highlights - Open Pit Mineral Resources total 77.0 million tonnes at an average grade of 1.27 g/t, containing 3.14 million ounces of gold, with Inferred Mineral Resources estimated at 20.7 million tonnes at 1.14 g/t for 0.76 million ounces [7]. - The maiden underground Mineral Resources at Nkran and Abore are significant, with 3.4 million tonnes of Indicated resources at 2.74 g/t and 6.5 million tonnes of Inferred resources at 2.52 g/t, indicating a total of 0.83 million ounces of gold [15][21]. Business Strategy and Growth Initiatives - The company aims to become a sustainable mid-tier gold producer, focusing on organic growth and mine life extension through exploration and potential acquisitions [10]. - Near-term production growth is expected from improved throughput and higher grades from the Abore deposit, with a forecasted 25% increase in production for FY 2026 compared to FY 2025 [11]. - Medium-term growth is anticipated from the Nkran deposit, with open pit Probable Mineral Reserves of 10.6 million tonnes at 1.67 g/t, expected to yield over 200,000 ounces annually once in full production [13]. Exploration and Future Plans - The company plans to add 1.0 to 1.5 million gold ounces to its combined open pit and underground Mineral Resources and Reserves over the next two to three years through continued exploration [19]. - Ongoing drilling is expected to expand underground Mineral Resources and integrate underground mining into the existing operations, with studies targeted for completion within 12 to 24 months [16][19].
Spark's Maiden Drilling Delivers 78-Meters Rare Earth Intercept Grading 2,430 ppm TREO and 94-Meters Grading 63 g/t Ga2O3
TMX Newsfile· 2026-02-10 19:06
Core Insights - Spark Energy Minerals Inc. has reported strong initial drill results from its maiden Reverse Circulation program at the Arapaima Project in Brazil, indicating significant near-surface rare earth and gallium mineralization [1][4]. Exploration Results and Geological Interpretation - Final laboratory assays confirm extensive and continuous rare earth element (REE) and gallium mineralization from surface, consistent with an ionic-adsorption clay (IAC)-style system, recognized as a critical source of heavy rare earths [2][7]. - The first three drill holes intersected broad, continuous intervals of REE mineralization, with Hole ARA-RC003 returning 78 meters of continuous mineralization grading 2,430 ppm Total Rare Earth Oxides (TREO), including high-grade intervals reaching 6,682 ppm TREO [8][12]. - The mineralization includes a high proportion of magnet rare earth oxides (MREO), which constitutes up to 33% of the total rare earth basket, highlighting the presence of elements used in permanent magnet technologies [9]. Gallium Mineralization - All three drill holes also intersected gallium mineralization, with the longest intercept returning 94 meters grading 63 g/t Ga₂O₃ from surface, indicating a multi-commodity critical minerals system at Arapaima [10]. Project Pipeline and Exploration Upside - Spark has identified four drill-ready lithium-bearing pegmatite targets within its broader land package, prioritized for follow-up diamond drilling as part of a staged exploration strategy [16]. - The company controls over 91,000 hectares in the region, providing substantial potential to expand the mineralized footprint beyond the initial drill areas [15]. Strategic Financing - The company is actively evaluating strategic and non-dilutive financing alternatives to accelerate the advancement of both the REE-gallium discovery and its lithium exploration pipeline [17].