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Rio Silver Provides Corporate Update as the Company Advances Toward High-Grade Silver Development in Peru
Globenewswire· 2025-11-25 14:20
Strategic groundwork underway at Maria Norte as Rio Silver positions itself to become a next-generation silver developer in one of the world’s most prolific mineral beltsVANCOUVER, British Columbia, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) (“Rio Silver” or the “Company”) is pleased to provide a corporate update outlining ongoing operational preparations and strategic initiatives as the Company advances toward becoming a high-grade silver producer in Peru, the world’s secon ...
Searchlight Resources Commissions NI43-101 Technical Reports on Bootleg Lake and Robinson Creek Gold Properties
Newsfile· 2025-11-25 12:30
Searchlight Resources Commissions NI43-101 Technical Reports on Bootleg Lake and Robinson Creek Gold PropertiesNovember 25, 2025 7:30 AM EST | Source: Searchlight Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce that it has contracted Axiom Exploration Group to prepare NI43-101 technical reports on the 100%-owned Bootleg Lake and Robinson Creek Gold ...
CopperCorp Mobilizes Second Drill Rig to Jukes Prospect
Newsfile· 2025-11-11 12:00
Core Insights - CopperCorp Resources Inc. is advancing its drilling efforts at the Jukes Cu-Au prospect in Tasmania by mobilizing a second diamond drill rig to expedite the ongoing Phase 2 drilling program [1][6][9] Drilling Program Details - The Phase 2 diamond drilling program at Jukes consists of five planned holes totaling approximately 2,000 metres, aimed at expanding the known mineralization footprint and testing high-priority targets [2][3] - The first drill hole, JDD003, has been completed to a depth of 254.9 metres, with samples sent for assay and results expected in 3-4 weeks [4][5] - A second hole, JDD004, is currently being drilled to a planned depth of 350 metres, targeting the eastern IP chargeability corridor, marking the first drill test of this zone [5][6] Geophysical and Geological Context - The Jukes prospect is characterized by strong induced polarization (IP) chargeability, magnetic, and geochemical anomalies, forming a prospective footprint at least 700 metres long and 400 metres wide, with confirmed Cu-Au mineralization from surface to depths exceeding 500 metres [10] - Historical drilling results from the 2024 Phase 1 campaign indicated strong Cu-Au intercepts, suggesting significant mineral potential [11][12] Future Plans and Strategic Focus - The company plans to return to drilling at the Hydes prospect later in the season when conditions improve and is also considering drilling at the Linda prospect in 2026 [9] - The focus on Jukes is driven by geological similarities to the Mt Lyell mine, which has a history of significant copper and gold production [9][10]
Kobrea Commences Construction of Drill Access Road at El Perdido, Western Malargüe Mining District - Mendoza Province, Argentina
Newsfile· 2025-11-04 13:00
Core Insights - Kobrea Exploration Corp. has commenced construction of a drill access road at the El Perdido Project, marking a significant milestone for the company [2][3] - The El Perdido Project covers 6,878 hectares and hosts a porphyry copper-gold-molybdenum system that has not been drilled previously [3][10] - An investor relations agreement has been established with Capital Analytica for a term of six months, with a total compensation of $150,000 for services [7][8] Project Development - The construction of the drill access road is part of Phase 1 exploration, which will be followed by the installation of an exploration camp and diamond drilling activities [1][2] - The maiden diamond drilling program will target the center of the El Perdido system, where the highest density of quartz stockwork veining is located [3][10] - Field crews will also begin target development activities at other porphyry prospects across the property concurrently with road construction [2] Company Overview - Kobrea Exploration Corp. focuses on the acquisition and exploration of base metal projects, holding rights to seven projects totaling over 733 km² in southwestern Mendoza Province, Argentina [10] - The properties are considered highly prospective for porphyry copper and copper-gold deposits, with multiple targets exhibiting significant hydrothermal alteration [10] - The company also holds a 100% interest in the Upland Copper Project located in British Columbia, Canada [10]
Nexus Uranium Closes Fully Subscribed Private Placement of Units
Newsfile· 2025-10-31 23:05
Core Points - Nexus Uranium Corp. has successfully closed a non-brokered private placement offering, issuing 3,640,000 units at a price of $0.25 per unit, resulting in total gross proceeds of $910,000 [1][2] Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional common share at $0.55 until October 31, 2027 [2] - The warrants will not be exercisable until December 31, 2025, which is 61 days after the offering's closing [2] - The company issued 212,800 finder's warrants, which are also exercisable into common shares at $0.55 per share until October 31, 2027 [3] Group 2: Use of Proceeds - Proceeds from the offering will be allocated for permitting, South Dakota relations, drilling bonds, marketing and investor relations, working capital, and general corporate purposes [3] Group 3: Regulatory Compliance - The units were issued under the listed issuer financing exemption, and securities issued to Canadian residents are not subject to resale restrictions [4] Group 4: Company Overview - Nexus Uranium is a Canadian uranium exploration company focused on mineral exploration and development in the green energy sector, holding five uranium projects in the United States and one in Canada [6]
Forte Minerals Attends the New Orleans Investment Conference
Newsfile· 2025-10-30 13:30
Core Insights - Forte Minerals Corp. is participating in the 51st Annual New Orleans Investment Conference from November 2-5, 2025, where the President & CEO, Patrick Elliott, will present on the company's exploration projects and growth strategy [1][2][3] Group 1: Company Overview - Forte Minerals Corp. is an exploration company focused on high-quality copper and gold assets in Peru, leveraging a strategic partnership with GlobeTrotters Resources Perú S.A.C. to access high-impact targets in premier Andean mineral belts [5] Group 2: Financial Updates - The company received a C$5.7 million strategic investment from a key investor in July and announced a second C$5.7 million investment from another strategic partner this week, indicating strong financial backing for its growth initiatives [2] Group 3: Conference Participation - The New Orleans Investment Conference aims to connect analysts, investors, and companies to explore emerging opportunities across various asset classes, and Forte's participation is part of its strategy to strengthen investor relationships and showcase its growth plans [3]
GSP Samples 348 g/t Silver and 12% Copper at New, Near Mine, Expansion Targets at Alwin Mine and Mer Properties
Thenewswire· 2025-10-28 11:00
Core Insights - GSP Resource Corp. has announced initial rush assay results from its Fall 2025 geological reconnaissance targeting program at the Mer Porphyry and Al conductor targets, including a newly discovered high-grade silver-copper Apex target within the Alwin Mine Zone [1][2] Exploration Details - The 2025 exploration program involved the collection of 60 surface rock outcrop and float samples, along with 204 targeted grid soil samples, marking the first surface work on expansionary exploration targets outside the Alwin Mine resource area since 2008 [2] - Historic exploration at the Alwin Mine occurred primarily during the 1960s to 1980s, with recent logging and road construction improving access to these historic sites [2] Historic Data and New Targets - Compilation of historic data for the Mer porphyry and Apex targets indicates significant near-mine exploration potential [3] - At the Mer site, diamond and percussion drilling from the 1970s and extensive trenching were re-located, with sampling of mineralized granodiorite and establishment of a detailed soil grid to expand potential drilling targets [4] - The Apex Zone, rediscovered 40 meters from a modern logging road, had historic diamond drill logs from 1977 that documented a mineralized alteration zone [5] Assay Results - Rush surface sample assays from the new targets revealed high grades, including 348 g/t silver and 12% copper from the Apex Zone, and additional notable results from the Alwin Mine and nearby historic trenches [6][7] - Specific assay results include: - 348 g/t Ag and 11.85% Cu from trench samples at Apex - 5.5% Cu and 35 g/t Ag from Alwin Mine outcrop - 2.58% Cu from Little OK Lake float samples [7][8] Methodology and Quality Control - The analytical work was performed by ALS Global, an accredited geoanalytical laboratory, ensuring quality control through standard, blank, and duplicate samples [10][11] - The company reported no significant QA/QC issues during the review of the data [13] Company Overview - GSP Resource Corp. is focused on mineral exploration and development in Southwestern British Columbia, owning 100% interest in the Alwin Mine Copper-Gold-Silver Property and the Mer Property [14]
Blackrock Silver Commences Phase 2 Hydrology Program, Geotechnical Evaluation and Seismic Survey on the Tonopah West Project
Newsfile· 2025-10-23 10:00
Core Insights - Blackrock Silver Corp. is advancing its Tonopah West project through a Phase 2 hydrology program, geotechnical evaluations, and a seismic survey to support the permitting of an exploration decline for test mining and bulk sample extraction [2][3]. Hydrology Programs - The Phase 2 hydrology program will involve the installation of five additional piezometers, a dewatering well, and a groundwater monitoring well to aid in engineering design and water management strategies [4][6]. - The Phase 1 hydrology program previously set four piezometers to collect data on water presence, which informed the Phase 2 program [4]. Geotechnical Evaluations - Geotechnical evaluations are being conducted on 22 drillholes along the proposed decline alignment, with detailed evaluations of Phase 1 piezometer holes already completed [6][7]. - A total of 36 samples have been collected for geotechnical unconfined compression strength testing, and approximately 59,000 meters (193,570 feet) of core drilling has been evaluated for recovery and Rock Quality Designation (RQD) [7]. Seismic Survey - A seismic survey covering 18 kilometers is planned to identify structural controls and extensions of the silver and gold deposits, with data collection occurring over seven lines [8]. - The survey aims to enhance understanding of the deposit's structural controls and assist in drill targeting [8]. Project Management - The integration of hydrologic, geotechnical, and seismic data is viewed as a critical step in de-risking the project and refining engineering models for the proposed decline [3]. - An updated preliminary economic assessment for Tonopah West is expected in Q1 2026, which will further inform project development [3]. Company Overview - Blackrock Silver Corp. is focused on precious metal exploration and development, with a portfolio of properties in Nevada characterized by low-sulphidation, epithermal gold and silver mineralization [10]. - The company is driven to add shareholder value through its strategic initiatives and project advancements [10].
Fuerte Announces Key Management Team Additions to Advance Its Coffee Gold Project
Newsfile· 2025-10-20 12:00
Core Insights - Fuerte Metals Corporation has announced key additions to its management team to advance the Coffee Gold project in Yukon, Canada [2][11] - The new leadership team includes experienced professionals from notable companies in the mining industry, enhancing the company's capabilities [2][3][4][5][9][10] Management Team Additions - Tim Warman has expressed enthusiasm about the new team, which includes a former senior executive from Franco-Nevada and senior members from Newmont's Coffee project [2] - Denis Flood has been appointed as Chief Operating Officer, bringing over 20 years of experience in engineering and operations [3] - Jason O'Connell has been named Chief Financial Officer, with a strong background in business development and investor relations in the mining sector [4] - Jennie Gjertsen has taken on the role of Vice-President of Sustainability and External Relations, with nearly 20 years of experience in multi-metallic mining [5] - Nelson Bodnarchuk has been appointed Vice-President of People and Systems, contributing over 20 years of leadership experience [9] - Jasmin Dobson has been named Vice-President of Environment and Permitting, with extensive experience in environmental management and permitting [10] Coffee Gold Project Overview - The Coffee Gold project hosts 3.0 million ounces of Measured and Indicated resources and an Inferred Resource of 0.8 million ounces [11] - The project is located approximately 130 km south of Dawson in Yukon and is on a clear path to complete permitting [11] - Fuerte Metals emphasizes the importance of environmental protection and community engagement with local First Nations [11][12] Company Background - Fuerte Metals Corporation is focused on advancing high-potential base and precious metals projects across the Americas, with the Coffee project being its flagship asset [13] - The company is committed to responsible stewardship of the land and creating long-term returns for shareholders [13]
Zeb Nickel Commences Ground Geophysics & Contractor Appointment
Globenewswire· 2025-10-16 13:00
Core Insights - Zeb Nickel Corp has appointed GF International (Pty) Ltd to conduct a combined ground gravity and frequency-domain electromagnetic survey at the Zeb Nickel Project in South Africa, aimed at refining conductor geometry and generating drill targets [1] - The company is also implementing an environmental rehabilitation guarantee as part of the requirements for obtaining the mining right [2] - The exploration team is transitioning from airborne targeting to ground geophysics to enhance the identification of high-priority conductors [3] Geophysics Programme Highlights - The survey will cover two grids totaling approximately 117.4 hectares, with gravity measurements taken at around 475 stations on a 50 m grid and ground EM over 22.45 line-km [9] - Mobilization for the survey is scheduled for late October 2025, with an expected completion within 30 field days, depending on weather and site conditions [5] Company and Project Overview - Zeb Nickel Corp focuses on exploring and developing critical mineral deposits, particularly those essential for rechargeable batteries, including nickel, graphite, lithium, cobalt, manganese, copper, and aluminum [7] - The Zeb Nickel Project is a Class 1 nickel sulfide project located in the Bushveld Complex, South Africa, which is strategically significant for the company's development efforts [7]