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Trimera Metals Completes 2025 Tahlo Lake Exploration Program
Newsfile· 2025-10-10 12:00
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Trimera Metals Corp. (CSE: TRM) ("Trimera" or the "Company") is pleased to announce significant progress on its 2025 Tahlo Program, a key exploration initiative on its wholly-owned Tahlo Lake property (the "Property"), located 11 kilometers from American Eagle Gold Corp.'s ("American Eagle") promising NAK project in British Columbia. The Company continues to leverage advanced geophysical and geological techniques to identify high-potential ...
Wallbridge Mining (OTCPK:WLBM.F) Update / Briefing Transcript
2025-10-09 17:00
Wallbridge Mining Update Summary Company Overview - **Company**: Wallbridge Mining (OTCPK: WLBM.F) - **Date of Call**: October 09, 2025 - **Key Speakers**: Tanya Barreto (Director of Investor Relations), Mark Peterson (Senior Exploration Geologist), Brian (CEO) Industry Context - **Industry**: Mining, specifically gold exploration and production - **Market Conditions**: Gold prices are at record highs, with long-term analyst consensus prices between $2,700 and $2,800 per ounce, compared to $2,200 per ounce used in previous analyses [28][30] Key Points and Arguments Exploration and Projects - **Martiniere Project**: - Focused on exploration drilling beyond known mineral resources, with significant potential for a larger gold system than previously indicated [8][11] - Updated mineral resource estimates were completed, showing positive results from recent drilling [9][12] - Aggressive exploration approach initiated, with a focus on stepping out laterally and testing deeper projections [11][12][18] - Anticipated results from Phase two drilling expected by mid-November, with a news release planned for late November or early December [20] - **Fenelon Project**: - A preliminary economic analysis (PEA) was completed, with a positive outlook for future development [22][24] - The project has a projected annual production of 107,000 ounces of gold, with good free cash flow at $2,200 gold prices [28][39] - The PEA indicates a 16-year mine life, with potential for future growth [41][42] Financial Position - **Cash Position**: - Improved cash position with $8 million from the sale of the D2R East property and $4.7 million from refundable tax credits [22] - Expected to close the year with approximately $15 million in the bank [23] - **Shareholder Structure**: - Major shareholders include Era (15%) and Agnico (9.9%), with Agnico participating in all financings to maintain their interest [21] Market Strategy and Communication - **Investor Relations**: - Plans for increased marketing and communication with investors, including participation in various conferences and virtual events [47][48] - Acknowledgment of the need for better engagement with shareholders to address concerns about stock price performance [57][63] Challenges and Future Outlook - **Market Challenges**: - Despite positive exploration results and high gold prices, the company's stock price has not moved in line with market expectations [63][64] - The timeline for commercial production is estimated at six to seven years, requiring completion of feasibility studies and obtaining necessary permits [55] - **Future Plans**: - Continued focus on exploration at Martiniere and Fenelon, with plans to assess results and develop strategies for 2026 [88][90] - Emphasis on enhancing shareholder value through exploration success and potential partnerships with larger mining companies [58][60] Additional Important Information - **Technical Studies**: Ongoing low-cost desktop studies to advance the Fenelon project towards a pre-feasibility study [90] - **Community Relations**: Strong relationships with First Nations partners, with ongoing negotiations for pre-development agreements [46] This summary encapsulates the key points discussed during the Wallbridge Mining update, highlighting the company's exploration efforts, financial position, market strategy, and future outlook in the context of the gold mining industry.
Pacifica Silver Identifies New Extensions to Mineralized Veins at Claudia Silver-Gold Project; Provides Phase I Drill Program Update
Newsfile· 2025-10-09 12:00
Pacifica Silver Identifies New Extensions to Mineralized Veins at Claudia Silver-Gold Project; Provides Phase I Drill Program UpdateOctober 09, 2025 8:00 AM EDT | Source: Pacifica Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica" or the "Company") has identified several new high-priority drill targets at its 100% owned Claudia Silver-Gold Project located in Durango State, Mexico, based on assay results of ...
South Atlantic Gold Acquires Additional 4.2k hectares of UAV Magnetic Survey Data and Appoints Mr. Matt Rees, P.Geo.
Thenewswire· 2025-10-09 12:00
Vancouver, BC – October 9, 2025 – TheNewswire - South Atlantic Gold Inc. (TSX-V: SAO) (“South Atlantic” or the “Company”) is pleased to announce two important developments: the acquisition of an extra 4.2k ha (“hectares”) of UAV magnetic survey data followed by a comprehensive review of the cumulative total of all UAV data acquired to date (totaling 6.8k ha) at its Pedra Branca Project in Ceará State, Brazil, and the appointment of Mr. Matt Rees, P.Geo. as Technical Advisor to the Board. Douglas Meirell ...
Mogotes Metals: Vicuna: Drilling at Filo Sur Project to Commence
Newsfile· 2025-10-09 11:30
Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce that drilling of key priority targets will commence in the coming weeks on the Company's Filo Sur project. The project and targets are located on trend to the south of the large BHP/Lundin Filo Del Sol (FDS) resource1 and the Company intends to drill from the selection of high priority targets for Porphyry Copper (PCD) and High Sulfidation Epi ...
Azimut Confirms Extensive High-Grade Lithium Surface Discovery on Wabamisk East Property, James Bay Region, Quebec
Globenewswire· 2025-10-09 10:30
Core Insights - Azimut Exploration Inc. has reported positive results from a systematic field program on its Wabamisk East Property, revealing a large-scale system of spodumene pegmatites with significant lithium potential [1][7]. Group 1: Project Overview - The Wabamisk East Property consists of 205 claims covering 108.5 km and is wholly owned by Azimut, which has optioned it to Rio Tinto for lithium exploration [8]. - Under a revised option agreement, Rio Tinto can earn up to a 70% interest by spending $85 million, with Azimut acting as the operator during the initial phase [2][11]. Group 2: Geological Findings - The pegmatite bodies at Lithos-North and Lithos-South exhibit variable thicknesses, with the former showing thicknesses from 10 to over 50 meters and the latter from 10 to 15 meters [5][6]. - A total of 86 distinct spodumene-bearing outcrops have been identified, with 63 of 109 grab samples collected in 2025 returning grades higher than 0.5% Li2O, including 29 samples exceeding 2.0% Li2O, with a maximum grade of 6.93% Li2O [7]. Group 3: Future Plans - Azimut plans to propose an aggressive drilling program to Rio Tinto for early 2026 as the project progresses towards the drilling stage [2]. - The ongoing mechanical stripping is expected to expand the known footprint of the pegmatitic bodies and confirm continuous mineralization over a significant area [7].
Southern Cross Gold Consolidated (OTCPK:MWSN.D) 2025 Conference Transcript
2025-10-09 09:12
Summary of Southern Cross Gold Consolidated Conference Call Company Overview - **Company**: Southern Cross Gold Consolidated Ltd - **Focus**: Canadian mineral exploration company with a flagship project, Sunday Creek, located near Melbourne, Australia [1][2] Key Points and Arguments - **High-Grade Discovery**: Sunday Creek is identified as a rare, high-grade, multimillion-ounce gold discovery, with significant metrics supporting its potential [2][3] - **Drilling Success**: The company has achieved 70 drill holes with 98 kilometers of drilling, indicating a high frequency of successful hits, which is considered exceptional in the industry [3][4] - **Funding and Resources**: Southern Cross is fully funded with $150 million Australian in the bank, allowing for an extensive 200-kilometer drilling program [3][4] - **Operational Expansion**: Plans to increase drilling rigs from nine to 22 by mid-next year, enhancing exploration capabilities [4][5] - **Historical Context**: Victoria has a rich history of gold mining, producing a third of the gold during the 1800s gold rush, and is currently experiencing a resurgence in gold production [4][5] - **Comparison with Fosterville**: The neighboring Fosterville mine, operated by Agnico Eagle, has been one of the highest-grade gold mines globally, reinforcing the potential of the Sunday Creek project [5][6] - **Permitting Environment**: Victoria is noted for its favorable permitting environment, having approved four mines in the last six months, making it a conducive location for mining operations [5][6] - **Shareholder Base**: The company boasts a strong shareholder base, including prominent investors who own 30% of the stock, which supports strategic decision-making focused on enhancing share price [6][7] - **Exploration Potential**: The exploration target is estimated at 2.2 to 3.2 million ounces at grades of 8.3 to 10.6 grams gold equivalent, with antimony contributing 20% to the mix [10][11] - **Antimony's Importance**: Antimony is highlighted as a critical mineral used in various industries, including munitions and semiconductors, with a significant supply chain opportunity due to recent export bans from China [16][18] Additional Important Insights - **Geological Understanding**: The company has gained new geological insights that have led to a better understanding of the deposit, allowing for deeper drilling and exploration under previously unexamined areas [12][19] - **Future Milestones**: Upcoming milestones include the permitting of the decline and continued drilling, which is expected to yield consistent news flow and potentially increase the resource estimates [28][29] - **Cost of Capital**: The company is exploring options to lower its cost of capital through potential government support for antimony, which could facilitate financing for the project [32] This summary encapsulates the critical aspects of Southern Cross Gold Consolidated's conference call, highlighting the company's strategic position, exploration potential, and the significance of its discoveries in the context of the gold mining industry.
Goldstorm Metals Completes Geophysical & Rock Geochemical Surveys on the Crown Property and Provides Drilling Update on the Electrum Property, located in the Golden Triangle of British Columbia
Newsfile· 2025-10-09 09:00
Goldstorm Metals Completes Geophysical & Rock Geochemical Surveys on the Crown Property and Provides Drilling Update on the Electrum Property, located in the Golden Triangle of British ColumbiaOctober 09, 2025 5:00 AM EDT | Source: Goldstorm Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to provide an update on the 2025 exploration activities at its 100% owned Crown and Elect ...
Tocvan Announces Discovery of New Target with Historic Underground Workings in North Alteration Zone at Gran Pilar Gold-Silver Project
Accessnewswire· 2025-10-09 06:05
Core Insights - Tocvan Ventures Corp. has discovered a new mineralized zone at its Gran Pilar Gold-Silver Project in Sonora, Mexico, which includes historic underground workings [1] - This discovery expands the known mineralized footprint and indicates significant potential for high-grade gold and silver resources [1] Company Overview - Tocvan Ventures Corp. is focused on exploration and near-term production of gold and silver projects [1] - The company is listed on the Canadian Securities Exchange (CSE:TOC), OTCQB (OTCQB:TCVNF), and WKN (WKN:TV3/A2PE64) [1] Project Details - The discovery is located within the expansive North Alteration Zone of the Gran Pilar project [1] - The finding emphasizes the potential for increased resource estimates in the area [1]
Benton Continues to Deliver High-Grade Gold Results at Great Burnt, Including 31.35 g/t from New Surface Sampling
Newsfile· 2025-10-08 11:30
Core Insights - Benton Resources Inc. has reported high-grade gold results from surface sampling at the Great Burnt project, with assays reaching up to 31.35 g/t [1][2] - The new mineralization may extend the previously identified NGB Target, with significant drilling results indicating gold and copper intersections [1][3] - The company is planning immediate follow-up work, including further prospecting, soil sampling, and trenching in the area [2][3] Exploration and Drilling - The newly identified zone is characterized as a silicified mafic volcanic with mineralization including breccia and fractured-filled pyrrhotite and chalcopyrite [2] - Drilling continues in the South Pond Area, aiming to connect over 2.7 km of gold mineralization that remains open to the north and south [3] - The company is actively identifying new high-priority drill targets and plans to test several of these in the current drilling campaign [3] Financial Activities - Benton Resources has limited its current financing to a maximum of $2.0 million and is closing a private placement financing for gross proceeds of approximately $1.98 million [5][7] - The financing will involve issuing 2,627,272 Units, each consisting of one common share and one common share purchase warrant, with proceeds aimed at advancing its Newfoundland projects and general working capital [5][7] Project Overview - The Great Burnt Project has a mineral resource estimate of 667,000 tonnes at 3.21% Cu indicated and 482,000 tonnes at 2.35% Cu inferred, with significant potential for further discoveries [15] - Historical drilling results have shown impressive intersections, including 25.42 m of 5.51% Cu and 74.20 m of 1.43 g/t Au, indicating a robust mineralized system [15]