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Copper Intelligence to acquire DRC’s Butembo copper asset
Yahoo Finance· 2026-02-09 13:01
Copper Intelligence, formerly African Discovery Group, has signed a definitive sales and purchase agreement (SPA) for the acquisition of the Butembo copper asset in the Democratic Republic of Congo (DRC). This agreement solidifies the company's position as a publicly traded DRC entity on the US market, marking a significant milestone in its operations. The Butembo site, a tier one exploration opportunity with near-surface, low strip-mining potential, is located near the Ruwenzori mountain region, close ...
Ivanhoe Electric and SQM Enter into Typhoon(TM) Driven Mineral Exploration and Collaboration Agreement in Chile to Explore for New Copper Deposits Beneath Electrically Resistive Caliche
TMX Newsfile· 2026-01-27 12:00
Core Viewpoint - Ivanhoe Electric has entered into a Collaboration and Exploration Agreement with Sociedad Química y Minera de Chile (SQM) to explore for copper in northern Chile, leveraging advanced geophysical technologies to overcome challenges posed by caliche cover [1][2][4]. Group 1: Collaboration Details - The Collaboration covers SQM's mining concessions totaling 2,002 km² and will utilize Ivanhoe Electric's Typhoon™ geophysical surveying system along with Computational Geosciences Inc.'s data inversion software to identify qualifying copper deposits over an initial three-year term [2][5]. - SQM will fund the exploration with an initial commitment of $9 million, and upon identifying a qualifying copper deposit, Ivanhoe Electric can acquire a 50% interest in the deposit by paying twice SQM's exploration expenditures to date [3][11]. Group 2: Technological Advantages - The Typhoon™ system is designed to penetrate highly resistive caliche cover, which has historically hindered traditional exploration methods, thus enabling the detection of potential copper deposits at greater depths [4][8][9]. - The collaboration aims to utilize the unique capabilities of Typhoon™ and CGI technologies to explore areas that are otherwise difficult to assess, particularly in the Atacama Desert, known for its significant copper resources [6][11]. Group 3: Strategic Importance - The partnership is positioned to capitalize on the growing global demand for copper, with Chile being a historical leader in copper production, suggesting that new discoveries may be critical for meeting future supply needs [4][6]. - Both companies express confidence that their combined expertise and resources will unlock substantial geological potential in the region, which is essential for the global energy transition [6][18].
Andina Copper Exploration Update
Thenewswire· 2026-01-22 13:35
January 22, 2026 – TheNewswire - Vancouver, British Columbia - Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) is pleased to provide an update on its ongoing field exploration activities at the Cobrasco copper project located in the Chocó Department, Colombia.Following the commencement of field exploration in early October 2025, the Company has rapidly advanced follow-up reconnaissance mapping and sampling across the Cobrasco East prospect area and has recommenced diamond drilling at Cobr ...
Midnight Sun Mining earns ‘Buy' rating in initial coverage from Haywood Securities
Proactiveinvestors NA· 2025-12-23 15:05
Haywood Securities has initiated coverage of Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) with a ‘Buy’ rating and a target price of C$3, pointing to the company’s exploration assets in Zambia and upcoming project milestones as the primary drivers of its valuation. The firm said its target price is based on a 0.97x multiple of its net asset value (NAV) estimate. While noting that Midnight Sun’s projects are at an early exploration stage and do not yet have defined resources or mine plans, Haywood outlin ...
Tribeca Resources Provides Update on Activities Across its Expanded Chilean Copper Exploration Portfolio
Thenewswire· 2025-12-15 11:00
Core Insights - Tribeca Resources Corporation has commenced fieldwork on the Jiguata property in northern Chile following a 5-year purchase option agreement and a C$6.5 million financing [1][2] - The company aims to build a comprehensive geological, geochemical, and geophysical picture of the Jiguata property, with plans to identify compelling drill targets for testing in 2026 [2][11] Jiguata Property Overview - The Jiguata property spans 10,000 hectares and is located in the Tarapacá region, part of the Eocene-Oligocene porphyry copper belt, approximately 120 km from major copper-molybdenum deposits [3][12] - Existing geological mapping and geochemical data have outlined several drill targets, with further fieldwork planned to detail additional targets [4][5] Exploration Activities - Field teams are engaged in geological mapping and systematic soil and rock sampling to create a multielement geochemistry database [5][8] - Global Ore Discovery Pty Ltd has been contracted to provide expert guidance on exploration and drill targeting, leveraging their extensive experience in porphyry and epithermal deposits [6][7] Data Acquisition and Analysis - Ground magnetic surveying is scheduled to begin in December, covering the majority of the property area [9][10] - A reprocessing of historic induced polarization (IP) geophysical data has been completed, enhancing the understanding of significant chargeability anomalies [10][11] La Higuera IOCG Project - The La Higuera project includes multiple copper-gold targets, with drilling planned at the Chirsposo Sur Target in Q1 2026 [14][15] - Previous drilling at the Gaby target has shown significant mineralization, with a notable intersection of 268m at 0.66% Cu [14][15] Future Plans - The data acquisition from ongoing field activities is expected to continue until March 2026, with drill testing of targets anticipated in Q2 or Q3 of 2026 [11][11] - The company is focused on building a portfolio of mid to advanced-stage copper exploration projects in Chile [20][21]
Koryx Copper Provides Update on Zambia Projects with Definition of Drill Targets at Luanshya West and Completion of Regional Surface Geochemistry at Mpongwe
Globenewswire· 2025-12-05 12:00
Core Insights - Koryx Copper Inc. has provided updates on exploration results and progress on its two large-scale exploration licenses in Zambia, specifically the Luanshya West project and Mpongwe project [2][4] Group 1: Project Overview - Koryx holds the option to acquire up to 80% of the Projects in Zambia's Copperbelt, which is part of the Central African Copperbelt, the world's largest sedimentary rock-hosted stratiform copper province [3] - The Luanshya West Project is located in the Chambishi sub-basin, with mineralization along strike to known deposits at Chibuluma and Chifupu [5] - The Mpongwe Project has faced access challenges due to weather conditions but has begun reconnaissance mapping and regional soil sampling [23][25] Group 2: Exploration Progress - The 2025 field programs at Luanshya West have identified further copper and cobalt soil geochemistry anomalies and improved the ranking of these anomalies based on mapping and geophysical data [7][9] - A successful drone-mounted airborne magnetic survey has been completed, enhancing lithological and structural interpretations [8] - Initial regional surface sampling at the Mpongwe Project has been completed, with approximately 5,000 soil samples collected [25] Group 3: Target Identification - Multiple targets have been identified for drill testing at Luanshya West, with a drill program planned for early 2026 [9][22] - Specific targets such as LWT1, LWT3, and LWT6 have shown promising geochemical anomalies, with LWT1 being a priority due to high manganese, copper, and cobalt values [12][13][15] - The company plans to conduct approximately 3,000 meters of drilling, focusing on both direct target testing and deeper exploratory drilling [22] Group 4: License Ownership and Future Plans - The process to transfer the licenses into the company's wholly-owned subsidiary in Zambia is ongoing, with the company currently owning 51% and an option to earn up to 80% [27] - The company has retained legal counsel in Zambia to assist with the official documentation process [27]
Dixie Gold Inc. Leverages Recent Divestment Proceeds to More than Double the Scale of Its Soo East Copper Project
Newsfile· 2025-12-02 14:00
Core Viewpoint - Dixie Gold Inc. has successfully leveraged recent divestment proceeds to significantly expand its Soo East Copper Project, more than doubling its scale and enhancing its claim position in an emerging copper exploration area near Sault Ste. Marie, Ontario [1][2]. Project Expansion - The Soo East Copper Project has expanded from 137 mining claims covering approximately 3,013 hectares to 316 mining claims covering approximately 6,948 hectares [3]. - The additional mining claims were acquired on a royalty-free basis, providing the company with increased project-level flexibility [3]. Acquisition and Market Context - Dixie Gold's management has completed surface rights notices related to the expansion area, which is a customary procedure for such acquisitions [4]. - QcX Gold Corp. has recently acquired mining claims adjacent to Dixie Gold's project for over 1.5 million dollars, indicating strong market interest in the region [6][7]. Historical Context and Exploration Potential - The initial project area acquisition was informed by a high-grade copper discovery at a nearby project, which has generated significant market interest [8][9]. - Historical exploration information from the 1960s indicates that the area was of interest to major mining companies, highlighting the exploration potential of the Soo East Copper Project [11][14]. Ongoing Development - Dixie Gold has begun work to develop prioritized exploration targets within the project area since acquiring the original position [10]. - The company is awaiting the release of pending assays from Sterling Metals, which are expected to provide further insights into the region's potential [15].
VIDEO - Mogotes Metals: Next-Door to the Biggest Copper Discovery in 30 Years
Newsfile· 2025-11-25 23:13
Core Insights - Mogotes Metals is focused on discovering the next major copper find in the Andes, positioning itself next to the largest copper discovery in 30 years [1] - The company has invested $20 million over three years in systematic exploration, identifying multiple high-potential targets [1] - Drilling has commenced, with results anticipated throughout the season [1] Company Overview - Mogotes Metals is listed on the TSX Venture Exchange under the ticker MOG [1] - The company is based in Vancouver, British Columbia [1] Industry Context - The Andes region is known for its rich mineral deposits, particularly copper, making it a strategic area for exploration and investment [1]
Novo Resources (OTCPK:NSRP.F) Earnings Call Presentation
2025-11-12 13:00
Company Overview - Novo Resources Corp is focused on discovering standalone gold and copper projects with > 1 Moz Au (equivalent) development potential[16, 18] - The company has a diversified portfolio of exploration and development assets across leading mining provinces in Australia[16] - Novo has a strong balance sheet with approximately A$11 million in cash and A$37 million in investments[28, 99] Financials and Shareholder Structure - Novo's market capitalization is A$58 million with an enterprise value of A$46 million[28] - Top shareholders include Northern Star Ltd (100%), Liatam Mining Pty Ltd (62%), and IMC (Singapore) (57%)[28] - The company holds a portfolio of marketable securities valued at A$37 million, including shares in San Cristobal Mining Inc (A$21 million), Elementum 3D (A$14 million), Kalamazoo Resources (A$2 million), and Kali Metals (A$01 million)[29] Project Highlights - **John Bull Gold Project (NSW):** Features a 15 km long gold in soil anomaly with samples reporting > 45 g/t Au[43] - **Tibooburra Gold Project (NSW):** Historic drill results include 16 m @ 1389 g/t Au from 1 m[49] - **Belltopper Gold Project (Victoria):** Exploration Target range of 320 koz to 570 koz Au[62] - **Teichman Project (Pilbara):** Rock-chip assay results include 775 g/t Au, 93 g/t Ag, and 024% Cu at Pride NNE[73] - **Sherlock Crossing (Pilbara):** Scout RC drilling returned peak results of 3 m @ 296 g/t Au and 186% Sb from 108 m[80] Market Context - The gold spot price recently hit all-time highs of US$4,000 and is currently trading ~US$3,985[27] - Since the start of 2024, the gold price has increased by ~94% and the copper price has increased by ~28%[27]
Andina Copper Receives Conditional Approval to List on the TSX-V
Thenewswire· 2025-11-05 13:30
Core Viewpoint - Andina Copper Corporation has received conditional approval to list its common shares on the TSX Venture Exchange, marking a significant milestone for the company as it seeks to enhance recognition of its copper and copper-gold exploration portfolio [1][2]. Company Developments - The common shares will continue trading under the symbol "ANDC" upon listing on the TSXV, and the company plans to delist its shares from the Canadian Securities Exchange [2]. - The company is currently conducting exploration at the Cobrasco project and is preparing for the 2025/26 field season at the Piuquenes porphyry copper-gold project in San Juan, Argentina, which will include geophysics and further drilling [2]. - Results from a recently completed surface sampling program at the Mantau copper-gold project in Antofagasta, Chile, are expected soon [2]. Company Profile - Andina Copper Corporation, formerly known as Pampa Metals Corporation, is focused on copper exploration in South America and is listed on multiple exchanges including the Canadian Stock Exchange, Frankfurt, and OTC [3][4]. - The company holds two significant discoveries in the Andean porphyry belt located in Argentina and Colombia, as well as an undrilled copper-gold target in the Coastal Cordillera of Chile [4].