CEO.CA's Inside the Boardroom: Mustang Energy Launches Maiden Drill Program at Surprise Creek in Athabasca BasinOctober 09, 2025 8:30 AM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in venture stocks, shares exclusive updates with CEOs and executives from around the globe.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites ...

Core Insights - G50 Corp. Limited has reported promising results from its maiden RC drilling program at the White Caps project in Nevada, confirming gold continuity and high-grade antimony values [1][2][3] Drilling Program Details - The drilling program consisted of 12 RC holes totaling 1,385 meters, with one hole (WCRC25-007) returning a peak antimony value of 3.5% (35,000 ppm) at a depth of 77.7-79.2 meters [2] - Significant shallow gold mineralization was found in three of the four areas drilled, with high-grade gold intercepts ranging from 1-12 g/t Au and broader low-grade zones of 0.1-0.3 g/t Au [4] Geological Model Validation - The initial drilling results validate the geological model for White Caps, which was developed using historical data from Freeport and modern exploration techniques [3][5] - The project area covers approximately 2,501 acres, including 28 patented and 74 unpatented claims, and is located near Kinross Gold's Round Mountain Mine, indicating strong geological potential [5] Historical Context - The White Caps Mine historically produced over 125,000 ounces of gold at an average grade of approximately 30 g/t Au from 1905 to 1964, with renewed exploration activity in the 1980s [6] - The proximity to Scorpio Gold Corp's Manhattan Mine suggests potential shared mineralization systems, enhancing the prospectivity of the White Caps project [6] Company Overview - G50 Corp is focused on exploration in the southwestern U.S., with its flagship Golconda Project in Arizona, which includes gold, silver, zinc, and gallium [7]

Core Insights - Questcorp Mining Inc. has provided an update on its Phase I drilling program at the La Union Gold and Silver project in northwest Sonora, Mexico, indicating positive exploration results so far [1][2] Group 1: Drilling Program Update - The drilling program has completed holes in two of the four target areas, with the initial hole intersecting favorable formations beneath the historic Union Mine [1][7] - Drilling has shifted focus to the Famosa Target, with the Mexico Mining Ministry approving several permits to support environmentally and socially conscious mineral exploration practices [2][7] Group 2: Geological Findings - The drilling has revealed more quartzite than expected, which is favorable for fracture-controlled mineralization, and the presence of hematitic oxides may indicate potential oxide gold mineralization [2][7] - The initial hole intersected the carbonaceous Clemente and Caborca formations, which previously hosted mineralization at the Union Mine [7] Group 3: Company Overview - Questcorp Mining is focused on acquiring and exploring mineral properties in North America, with interests in the North Island copper property and the La Union project, totaling 1,168.09 hectares and 2,520.2 hectares respectively [4]

Core Viewpoint - GoldHaven Resources Corp. is set to initiate a maiden 1,200 m diamond drilling program at its Copeçal Gold Project in Mato Grosso, Brazil, targeting two high-priority gold targets identified through recent exploration activities [1][21]. Group 1: Copeçal Gold Project Overview - The Copeçal Gold Project is located within the Alta Floresta Gold Province, a historically productive area known for significant gold discoveries since the late 1970s [24]. - GoldHaven's tenements cover a total of 3,681 hectares in a geologically favorable setting within the Juruena Gold Province of Brazil [24]. - The Juruena Gold Province is recognized for its potential for mesothermal shear-related and intrusion-related gold deposits, as well as porphyry-style and epithermal-style deposits [25]. Group 2: Drilling Program Details - The diamond drilling program will consist of 8-10 angled holes with a maximum depth of 150 m, targeting unweathered bedrock at depths of 80-120 m [7][12]. - Drilling is scheduled to commence on or before October 1, 2025, and is expected to be completed by the end of November 2025 [20]. Group 3: Target Identification - Two high-priority drill targets, East and West, have been identified based on strong gold anomalies from recent auger sampling and geophysical surveys [3][21]. - The East Target features a high resistivity anomaly (> 1800 ohm*m) coinciding with significant gold geochemical anomalies (> 100 ppb Au) [6][14]. - The West Target is characterized by highly conductive VLF-EM responses (< 500 ohm*m) and coincident gold anomalies (> 50 ppb Au) [9][18]. Group 4: Historical Exploration and Data - Previous exploration by AngloGold Ashanti from 2010 to 2016 included systematic auger and air-core drilling, geophysical surveys, and rock geochemistry, identifying multiple zones of anomalous gold mineralization [26][27]. - Historical data and recent auger drilling have shown consistent gold values over wide zones, indicating the potential for substantial mineralization [27].

Core Viewpoint - Emperor Metals Inc. has filed a technical report supporting its initial Mineral Resource Estimate for the Duquesne West Gold Project, highlighting significant growth potential and robust resource values [2][4]. Company Overview - Emperor Metals Inc. is focused on high-grade gold exploration and development in Quebec's Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques [12]. - The company aims to unlock substantial resource potential at the Duquesne West Gold Project and the Lac Pelletier Project [12]. Mineral Resource Estimate - The 2025 Duquesne West Mineral Resource Estimate comprises an Inferred Mineral Resource of 26.9 million tonnes (Mt), containing 1.460 million ounces (Moz) of gold (Au) at an average grade of 1.69 grams per tonne (g/t) [3][8]. - The report includes a sensitivity analysis showing robust values in both grade and size at various cutoff grades, indicating strong potential for resource expansion [4][9]. Technical Report Details - The technical report, titled "NI 43-101 Technical Report and Maiden Mineral Resource Estimate, Duquesne West Property, Quebec, Canada," was prepared by qualified professionals from APEX Geoscience and is dated August 21, 2025, with an effective date of July 2, 2025 [2][9]. - The report is available for public access under the company's profile on SEDAR+ [2]. Economic Assumptions - Economic assumptions for the resource estimate include a gold price of US$2,300 per ounce, a foreign exchange rate of 0.75 US$:CA$, and processing costs of CA$12.5 per tonne [9].

Core Viewpoint - Questcorp Mining Inc. has completed 25% of its maiden drilling program at the La Union Gold & Silver Project in Mexico, indicating progress in exploration efforts aimed at identifying significant gold deposits [1][3]. Exploration Progress - The company is leveraging recent exploration work by Riverside Resources Inc. to enhance understanding of the geological structure and stratigraphy at La Union, focusing on a large potential gold discovery [3][4]. - The initial drilling program consists of 1,200 to 1,500 meters, with 300 meters already completed, targeting carbonate-hosted replacement deposits (CRD) [8][12]. Financial Commitment - Questcorp has committed an initial C$1,000,000 for the exploration program, part of a larger C$5,500,000 work commitment contingent on exploration results [5][16]. Drilling Targets - The drill program targets four main areas: Union Main Mine Area, North Union Mine Area, Cobre Mine Area, and Central Union Area, focusing on structural interpretations and mineralization potential [6][15]. - The program aims to evaluate the scale of alteration and indications of a mineralized system, with follow-up drilling planned based on initial results [6][11]. Geological Context - The La Union Project is characterized as a carbonate replacement deposit hosted by Neoproterozoic sedimentary rocks, with significant historical mining activity indicating potential for large-scale discoveries [12][10]. - Historical mining targeted upper oxide zones, suggesting that underlying sulfide zones are compelling drill targets for further exploration [11][12].

Core Insights - C3 Metals Inc. has obtained all necessary regulatory approvals to commence its maiden exploration drilling at the Khaleesi copper-gold project in Peru, with an initial 6,000-meter diamond drill program expected to start in September 2025 [1][14]. Regulatory Approvals - The company has secured multiple regulatory approvals, including surface access and drilling agreements with the Cancahuani community, an environmental permit (Declaración de Impacto Ambiental), authorization to start exploration activities, and authorization for water use [2]. Project Overview - The Khaleesi project is located in the Andahuaylas-Yauri Porphyry-Skarn belt, a well-known copper-producing district, and encompasses over 31,000 hectares [1][15]. - The project is strategically positioned 8 km west of the Jasperoide Project, which has confirmed 13 skarn prospects along a 28 km iron-skarn belt [4]. Exploration Data - Recent geophysical surveys have identified significant magnetic, induced polarization, and magnetotelluric anomalies at Khaleesi, coinciding with high-grade copper-molybdenum and copper-zinc soil anomalies [5][10]. - Soil sampling has defined a 1,900 m by up to 650 m copper-molybdenum anomaly, with priority zones averaging 950 ppm and 650 ppm copper [11]. Next Steps - The company plans to conduct an initial 14-hole, 6,000-meter diamond drill program, which is ranked as the highest priority for drill testing based on the data collected to date [13][14].

Core Viewpoint - Carolina Rush Corporation has amended and refiled its Technical Report for the Brewer Gold-Copper Project following a review by the Ontario Securities Commission, addressing compliance with NI 43-101 standards [1][2]. Summary by Relevant Sections Technical Report Amendments - The amended Technical Report includes an updated in situ mineral resource statement with the following details: - Indicated resources: 6,167 thousand tonnes at an average grade of 0.97 g/t Au and 1,266 ppm Cu, totaling 192 thousand ounces of Au and 16,671 thousand pounds of Cu - Inferred resources: 8,828 thousand tonnes at an average grade of 0.74 g/t Au and 425 ppm Cu, totaling 210 thousand ounces of Au and 8,279 thousand pounds of Cu [2][5]. Compliance and Author Changes - The report now complies with the current CIM Estimation of Mineral Resource and Mineral Reserves Best Practice Guidelines (2019) and has removed Patrick Quigley as a co-author to ensure independence, with Patrick Hollenbeck assuming sole authorship [5][6]. Metallurgical and Resource Constraints - A responsible metallurgical recovery assumption based on historical test work was applied, and the mineral resource was constrained within a conceptual open-pit shell to demonstrate reasonable prospects for eventual economic extraction [5][6]. Backfill Mineral Resource Statement - The backfill mineral resource statement remains unchanged, with a total of 11,900 thousand tonnes at an average grade of 0.36 g/t Au and 345 ppm Cu, totaling 139 thousand ounces of Au and 9,050 thousand pounds of Cu [8][11]. Company Overview - Carolina Rush Corporation is focused on advancing the Brewer Gold-Copper Project in South Carolina, which is located near OceanaGold's Haile Gold Mine and has potential for both near-surface and deep mineralization [14].

Core Viewpoint - Snow Lake Resources Ltd. has expressed satisfaction with the maiden high-grade mineral resource estimate announced by Global Uranium and Enrichment Limited for the Maybell uranium project in Colorado, where Snow Lake holds a 19.9% interest [1][3]. Company Highlights - The Maybell uranium project has a historical production of 5.3 million pounds of U3O8 over two mining periods, and the recent resource estimate follows a successful 31-hole drill program conducted in 2024 [7]. - Snow Lake is a cornerstone investor in GUE and is optimistic about the potential of assembling a significant portfolio of domestic American uranium resources, which may benefit from favorable policies on uranium production [4][5]. - The company is also involved in a 50/50 joint venture with GUE on the Pine Ridge Uranium Project in Wyoming, which is currently undergoing an aggressive drilling program of 125,000 feet [4]. Industry Context - The demand for domestic American uranium projects is expected to rise due to increasing electricity needs driven by the expansion of data centers and AI initiatives from major technology companies, alongside supportive policies from the government [7].

Core Viewpoint - Questcorp Mining Inc. has commenced its maiden drilling program at the La Union Gold & Silver Project in Mexico, marking a significant milestone in the project's development [2][5]. Exploration and Drilling Program - The drilling program aims to evaluate the scale of alteration and indications of a mineralized system across more than four different areas, with initial drilling focusing on stratigraphic and orientation purposes [6][7]. - The initial phase of the drill program will consist of one to three holes per area, totaling over 1,500 meters of diamond core drilling across six holes, each averaging 250 meters in depth [7][12]. - The program targets carbonate-hosted replacement deposit (CRD) styles of mineralization, with a focus on structural features that may have served as mineralizing conduits [7][12]. Historical Context and Project Background - The La Union Project has a history of exploration and production, having previously yielded 50,000 ounces of gold, but has never been drilled until now [5][10]. - The project is located in the western Sonora Gold Belt and has been advanced through surface access agreements and drill permitting, making it a turn-key exploration opportunity for Questcorp [8][9]. - Historical mining targeted upper oxide zones, while the underlying sulfide zones represent immediate drill targets for further exploration [10][12]. Financial Commitment and Strategic Partnerships - Questcorp has entered into a definitive option agreement with Riverside Resources, acquiring a 100% interest in the La Union Project, and has committed an initial C$1,000,000 for exploration, part of a larger C$5,500,000 work commitment [5][6]. - Riverside Resources has played a crucial role in advancing the project, consolidating mineral claims and conducting exploration work that has improved the understanding of the area's geology [4][9]. Geological Features and Mineralization Potential - The La Union Project features favorable limestone host rocks and extensive alteration footprints, with mineralization styles similar to those at the Hermosa Project in Arizona [11][12]. - The project is characterized by high-grade metal content, with highlight grades of 59.4 grams per metric tonne (g/t) gold and 833 g/t silver, indicating significant potential for large-scale discoveries [18].