Carbonate Replacement Deposit (CRD)
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Riverside Resources and Questcorp Chip-Channel Sample High Grade Gold-Silver 30m @ 20 g/t Gold and 226 g/t Silver and Announce Drill Results from Union Project
TMX Newsfile· 2026-01-22 08:05
Core Insights - Riverside Resources Inc. and Questcorp Mining Inc. reported high-grade results from the Union Mine area, including 20.2 g/t Au and 226 g/t Ag with 2.7% Zn over a 30 m continuous chip-channel sampling [1][4][5] - The results from the Phase 1 drill program indicate successful intersections of CRD-style mineralization across multiple target areas, reinforcing the potential for further exploration [3][5][21] Chip-Channel Sampling and Drill Results - The chip-channel sampling at the Union Mine returned significant grades, supporting the potential for follow-up exploration and drilling from both surface and upper mine workings [4][5] - The full assay results from the 30 m channel sampling indicate a total of 202 g of gold, 2,257 g of silver, and 26,720 g of zinc [6][20] - The Phase 1 drill program included 12 holes, with the final six holes reporting positive results across the Union Mine, Union Norte, and El Cobre target areas [5][20] Geological Context and Comparisons - The mineralization found at the Union Project is comparable to the CRD systems in the region, particularly the Hermosa Project, where South32 is investing significantly [4][5] - The sediment-hosted gold indicators found in the Union Mine area suggest potential for further discoveries, similar to those in Nevada's Carlin deposits [15][22] Future Exploration Plans - The companies plan to initiate a Phase 2 exploration program in the first half of 2026, which will include follow-up drilling and additional geophysical and geochemical studies [23][25] - The Luis Hill target has shown promising results, indicating the potential for a major new discovery in Mexico, with further drilling planned to explore this area [15][16][24] Company Background - Riverside Resources Inc. is a well-funded exploration company with a strong portfolio of gold-silver and copper assets, holding over C$6,000,000 in cash and no debt [29]
Questcorp Mining and Riverside Resources Chip Channel Sample 30 Meters @ 20 g/t Gold and 226 g/t Silver at the Mexican Union Project
TMX Newsfile· 2026-01-22 08:05
Core Insights - Questcorp Mining Inc. and Riverside Resources Inc. reported high-grade mineralization results from the La Union Project in Sonora, Mexico, including 20.2 g/t gold and 226 g/t silver over a 30 m continuous chip channel sample [1][3][4] - The Phase I exploration program has successfully supported the Carbonate Replacement Deposit (CRD) model and identified new sediment-hosted gold mineralization at the Luis Hill target [3][4][21] Exploration Results - The 30 m continuous chip channel sampling at the Union Mine area returned significant grades of 20.2 g/t gold, 226 g/t silver, and 2.7% zinc, indicating strong mineralization potential [1][7][8] - The total gold and silver represented by the sampling is 600 gram-metres gold and 6,780 gram-metres silver, reinforcing the project's viability [4][7] - The drilling program intersected CRD-style mineralization with favorable indications of zinc, silver, gold, and lead, consistent with historical mining in the region [7][19] Geological Context - The La Union Project's geological model is based on the South32 Taylor deposit, with drilling intersecting gold, zinc, and silver indications that suggest a major discovery potential [28] - The Luis Hill target has revealed previously unrecognized Carlin-like sediment-hosted gold mineralization, with a significant interval of 42 m at 0.3 g/t gold [20][21] Future Plans - The companies plan to organize a Phase 2 exploration program in H1 2026, focusing on follow-up drilling and additional geophysical and geochemical studies [30][31] - The encouraging results at both the Union Mine and Luis Hill warrant significant further exploration and drilling efforts [30][31] Company Background - Questcorp Mining Inc. is focused on acquiring and exploring mineral properties in North America, with a particular emphasis on precious and base metals [34] - The company holds an option to acquire a 100% interest in the La Union project, which spans 2,520.2 hectares in Sonora, Mexico [34]
Alaska Silver Cuts High-Grade Silver and Zinc at Waterpump Creek and Silver Sage
TMX Newsfile· 2026-01-20 12:00
WPC-35: 5.9m grading 38 g/t (1.2 oz/T) Silver ("Ag") and 12.1% Zinc ("Zn")Including 3.2m grading 67 g/t (2.1 oz/T) Ag and 16.9% ZnSS25-04: 4.4m grading 148 g/t (4.6 oz/T) Ag; 0.68% lead ("Pb") and 0.24% ZnIncluding 1 m grading 349g/t (10.8 oz/T) Ag 2.2% Pb and 0.20% ZnTucson, Arizona--(Newsfile Corp. - January 20, 2026) - Alaska Silver Corp. (TSXV: WAM) (OTCQX: WAMFF) (the "Company", "Alaska Silver" or "WAM") is pleased to report high-grade silver and zinc results in several holes from its limited 2025 dri ...
Silver North's drill results set the table for bigger 2026 drill program - Richard Mills
Investorideas.com· 2026-01-09 19:08
Core Insights - Silver North has successfully completed its 2025 drill program at the Haldane Project, located in the Keno Hill Silver District, which is known for its prolific silver production [3][4] - The company has made significant discoveries, particularly at the Main Fault target, which shows high-grade silver and gold mineralization [6][14] - The upcoming 2026 drill program is expected to be transformative, with plans for increased drilling and exploration activities [16][21] Group 1: Project Overview - The Haldane property spans 8,579 hectares and is strategically located near Hecla Mining's Keno Hill silver mine [3] - Silver North's Main Fault discovery is notable for its high-grade silver and gold, with drilling revealing significant continuity and potential for further exploration [6][15] - The company aims to achieve a 30-million-ounce silver deposit, aligning with the average production of silver mines in the Keno Hill District [24][25] Group 2: Drill Results - The 2025 drill program included eight holes totaling 1,759.8 meters, successfully testing the Main Fault structure [5] - Notable drill results include 3.2 meters averaging 2,014 g/t silver and 1.72 g/t gold, and another interval showing 1,112 g/t silver and 4.61 g/t gold [7][10] - The Main Fault has been extended to 100 meters on strike and 150 meters down dip, indicating substantial mineralization potential [11][23] Group 3: Future Plans - Silver North has raised $2.25 million and is preparing for a $5 million exploration budget for 2026, focusing primarily on the Main Fault [21] - An airborne survey is planned for March-April 2026 to further assess the mineralization [21] - A separate $500,000 program is planned for the Veronica property, emphasizing geophysical studies to identify drill targets [22]
Palamina Identifies Strong Copper Anomaly at the Galena Silver Copper Manganese Project
Newsfile· 2025-12-01 13:30
Core Viewpoint - Palamina Corp. has identified a significant copper anomaly at its Galena Silver Copper Manganese project in Peru, indicating the potential for a large hydrothermal and CRD mineralization system beneath the Tacaza volcanics [3][4]. Group 1: Project Developments - The company has collected and analyzed an additional 920 soil and subcrop samples, bringing the total to 2,579 XRF samples completed to date [8][11]. - The newly defined copper anomaly in the Azul zone expands the surface mineralization and suggests a strong mineralizing system beneath the Tacaza volcanics [3][4]. - A large gravity geophysical survey is planned to better define the depth and geometry of the limestone contact, which is considered the primary host for carbonate replacement deposits (CRD) [3][9]. Group 2: Geological Insights - The copper anomaly in the Azul zone is characterized by elevated XRF copper values along a structural corridor consistent with the Las Bambas-Tintaya trend, a prolific metallogenic belt [4]. - Manganese is identified as the primary pathfinder element at Galena, with a significant manganese anomaly outlining a 6 km x 6 km geochemical anomaly linking multiple zones [5][8][13]. - Mineralization at Galena occurs along veins and fractures within Miocene-aged Tacaza Formation volcanic flows, indicating late remobilization of metal-bearing sulfides from the underlying Cretaceous limestone [6][9]. Group 3: Future Plans - Palamina plans to continue XRF sampling to integrate results with the planned gravity survey and prioritize drill targets at Galena [3][19]. - The initial high-priority drill target area is the historical Santa Rosa mine, which hosts high-grade silver-copper-manganese soil anomalies [19].
Riverside Resources Announces Completion of Phase One Drilling at Union Project and Now Awaits Drill Assay Results
Newsfile· 2025-11-12 10:00
Riverside Resources Announces Completion of Phase One Drilling at Union Project and Now Awaits Drill Assay ResultsNovember 12, 2025 5:00 AM EST | Source: Riverside Resources Inc.~Over 1600 metres drilled to date and 700+ samples shipped to laboratory~Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY0) ("Riverside" or the "Company"), is pleased to announce the completion of the first phase of drilling at the Union P ...
Ridgeline Minerals Drills Massive Sulfide CRD Discovery at the Chinchilla Sulfide Target, Selena Project, Nevada
Newsfile· 2025-11-04 12:30
Core Insights - Ridgeline Minerals Corp. announced a significant high-grade zinc-silver-gold-lead-copper-antimony massive sulfide carbonate replacement discovery at the Chinchilla Sulfide target within the Selena project in Nevada, marking a successful start to its maiden drill program [1][5][21] Drilling Results - Drill hole SE25-053 revealed multiple massive sulfide horizons, with notable intercepts including 1.1 meters grading 27.0% Zn, 60.1 g/t Ag, 1.5 g/t Au, 0.7% Pb, 0.4% Cu, and 0.03% Sb, equivalent to 766.4 g/t AgEq [1][7][9] - Another significant intercept in SE25-053 was 17.4 meters grading 6.0% Zn, 35.6 g/t Ag, 0.2 g/t Au, 0.5% Pb, 0.1% Cu, and 0.1% Sb, equivalent to 219.9 g/t AgEq [1][7][9] - The mineralization is characterized as classic CRD, with a primary metal assemblage of Sphalerite-Pyrrhotite-Pyrite-Galena-Chalcopyrite [5][7] Project Overview - The Selena project spans 39 square kilometers and is located in White Pine County, Nevada, approximately 64 km north of Ely [21][22] - The project is currently operated under Phase 1 of an earn-in agreement with South32 Limited, which may earn up to an 80% interest by fulfilling specific milestones [2][21] Future Plans - Drilling activities are set to continue through the end of the year, with regular updates expected as assay results are received [5][21] - The company aims to further delineate the potential of the Chinchilla Sulfide target, which is part of a larger kilometer-scale MT anomaly [5][7]
Silver North's Veronica Property Yields Silver Discovery at Betty Target
Thenewswire· 2025-10-28 11:30
Core Insights - Silver North Resources Ltd. announced positive analytical results from the 2025 field exploration program at the Veronica Property, indicating the potential for significant silver mineralization [1][2][5] Exploration Results - The 2025 exploration program expanded the previously identified Betty target's soil geochemical anomaly from 450 m by 450 m to over 1 km by 1 km, revealing a multi-element anomaly of silver, lead, and zinc [2][5] - High-grade silver mineralization was discovered, including float cobbles with silver grades of 2,860 g/t and 213 g/t, marking the first silver-bearing mineralization found at the Veronica property [3][5] Geological Context - The exploration results suggest the potential for Carbonate Replacement Deposit (CRD) style mineralization at Veronica, similar to that found at Coeur Mining's Silvertip Mine located 12 km south [2][5] - Geological mapping indicates the preservation of prospective stratigraphy known for hosting high-grade silver-lead-zinc mineralization [7] Program Details - The exploration program was partially funded by a grant from the Government of Yukon, allowing for up to $30,000 in qualifying exploration expenditures [8] - A total of 453 soil samples and 26 rock samples were collected during the eight-day program, which included prospecting, mapping, and hand trenching [8][12] Location and Strategic Importance - The Veronica claims are part of the GDR project, located adjacent to the Tim Property, which is under option to Coeur Mining, targeting high-grade silver-lead-zinc mineralization [9][19]
Palamina Expands Silver, Copper, Manganese Footprint at the Galena Project
Newsfile· 2025-08-25 12:30
Core Insights - Palamina Corp. has expanded its soil and subcrop sampling program at the Galena Silver Copper Manganese Project, utilizing a portable XRF analyzer to further define mineralized zones [1][3] Group 1: Project Developments - The expanded XRF soil sampling indicates the presence of a large hydrothermal system in the Tacaza formation volcanic rocks, supporting two strong geochemically anomalous trends [3] - A total of 730 samples were collected during the second XRF soil sampling campaign, delineating two distinct mineralized anomalies over 3 km by 1.5 km [7][11] - The company plans to conduct further XRF soil sampling and a property-wide gravity survey to prioritize drill targets, as the Galena project has not yet seen any drilling [15] Group 2: Mineralization Details - Mineralization at Galena occurs along veins, fractures, and within autobreccia matrix, hosted in Miocene-aged Tacaza Formation volcanic flows [4] - Previous rock samples from the Rosa and Azul zones returned significant values, including up to 1,135 g/t Ag, 5.2% Cu, and 0.69% Mn [5] - XRF values from the Tertiary volcanics at surface graded up to 440 g/t silver, 0.6% copper, and 2.7% manganese [7] Group 3: Geological Context - The Cretaceous-aged Ayabacas formation limestone underlies the Miocene volcanic sequence, with a limited Induced Polarization study mapping the limestone contact [5] - A significant manganese anomaly covers the area between the Rosa Zone and the Verde Zone, indicating potential for blind CRD mineralization similar to Berenguela and Santa Barbara [11]
Questcorp Mining Completes 25 Percent of Maiden Drilling Program at the La Union Gold & Silver Project in Mexico
Newsfile· 2025-08-19 07:15
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].