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Viva Gold Commences Drilling at its Tonopah Gold Project in Nevada
Thenewswire· 2026-02-25 12:00
 VANCOUVER, BC – February 25, 2026 – TheNewswire – Viva Gold Corp (TSXV: VAU; OTCQB: VAUCF) (the “Company” or “Viva”) is pleased to report that it has commenced a reverse circulation (“RC”) drill program at its 100%-owned Tonopah Gold Project (“Tonopah,” or “Project”) located near the town of Tonopah, Nevada.  The Company expects to drill approximately 2,500 meters of RC drillholes with a focus on converting inferred gold mineralization to measured and indicated status and to infill remaining drilling gaps ...
Osisko Intersects 694 Metres Averaging 0.31% Cu at Gaspé
Globenewswire· 2026-02-25 11:00
Southern Extension provides additional high-grade intercept of 51 metres averaging 1.24% Cu 92.9 metres averaging 0.35% Cu from historic hole located 625 metres south of the 2024 MRE model MONTREAL, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company" or "Osisko Metals") (TSX: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce new drill results and re-analysis results from historic drill core from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Osis ...
West Red Lake Gold Reports 219.73 g/t Au over 4.8m, 148.36 g/t Au over 3m and 133.13 g/t Au over 2.5m in Austin 904 Complex – Madsen Mine
Globenewswire· 2026-02-25 10:30
Core Viewpoint - West Red Lake Gold Mines Ltd. has reported significant drilling results from its Madsen Mine, indicating potential for high-grade gold mineralization in the 904 Complex, which is expected to enhance the company's mine plan for 2026 and beyond [1][2]. Drilling Results - The underground drilling at the Madsen Mine's 904 Complex has yielded impressive results, including an intersection of 4.75 meters at 219.73 grams per tonne (g/t) gold, with a notable 1 meter at 1,016.57 g/t gold [4][18]. - Additional significant intersections include 3 meters at 148.36 g/t gold and 2.5 meters at 133.13 g/t gold, showcasing the high-grade potential of the area [6][13]. Mining Strategy - The company plans to continue drilling in the 904 Complex throughout 2026 to further define this area for mine design and production, with expectations of starting production in early 2027 [2][3]. - The 904 Complex is viewed similarly to the previously successful 4447 area in South Austin, which contributed significantly to the 2026 mine plan [2][3]. Historical Context - The 904 Complex has seen minimal historical mining, allowing for larger stopes and more efficient extraction from the high-grade zones [2][3]. - Previous drilling results from the South Austin area in 2025 highlighted high-grade lenses of gold mineralization, which have now become a significant part of the company's mine plan [3]. Future Focus - The lower Austin area, particularly the 904 Complex, is anticipated to remain a primary focus for drilling efforts for the remainder of 2026, aiming to uncover additional high-grade gold lenses [3].
Fortuna intersects 6.0 g/t gold over 24.1 meters at Southern Arc, Diamba Sud Project, Senegal
Globenewswire· 2026-02-25 10:00
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report the latest batch of exploration drilling results from the Southern Arc deposit at its Diamba Sud Gold Project located in Senegal. A further 44 reverse circulation and diamond drill holes, totalling 7,518 meters, have been completed at Southern Arc since the previous exploration results update in December 2025 and were incorporated into the expanded Diamba Sud mineral resource (refe ...
Discovery Silver (OTCPK:DSVS.F) Earnings Call Presentation
2026-02-24 19:30
BMO Global Metals, Mining & Critical Minerals Conference | February 22 – 25, 2026 TSX:DSV | OTCQX: DSVSF BUILDING VALUE THROUGH GOLD AND SILVER 1 Forward Looking Statement This presentation contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All information, other than statements of historical facts, included in this presentation that address activities, events or developments that Discovery Silver Corp. ("Discovery" or the "Company") expects or anticipat ...
Why Hycroft Mining Stock Is Soaring Today
The Motley Fool· 2026-02-18 20:06
Core Insights - Hycroft Mining is experiencing a significant increase in its stock price, with a rise of 25.9% as of 3:05 p.m. ET, reversing a previous pullback that began in late January [1] - The primary driver of this increase is the independent mineral resource estimate indicating that the company has more gold and silver in its Nevada mine than previously believed [2][3] Group 1: Resource Estimates - An independent mineral resource estimate shows that "measured and indicated" gold and silver resources have increased by 55% compared to earlier estimates from 2023 [3] - Inferred gold resources have grown by 50%, while inferred silver resources have expanded by 38% [3] - The total resource value is conservatively estimated to exceed $50 billion at current market prices [3] Group 2: Recovery Rates - Metallurgical testing indicates that nearly 83% of the gold can be recovered using conventional methods, and over 77% of the silver is expected to be marketable [5] Group 3: Production Timeline and Costs - It may take years for Hycroft to produce significant amounts of gold or silver, with costs potentially reaching billions [6] - There is no guarantee that the company will achieve profitable production in the near future [6] Group 4: Market Sensitivity - Precious metals mining stocks, including Hycroft, are closely linked to the prices of gold and silver, which may decline from recent peaks [7] - A weakening U.S. dollar has contributed to recent gains in precious metal prices, which could negatively impact Hycroft's stock price if these trends reverse [7]
Lode Gold Initiates New Mineral Resource Block Model for the Fremont Gold Mine, California
Thenewswire· 2026-02-18 15:40
Core Insights - Lode Gold Resources Inc has initiated a new Mineral Resource Estimation block model for its Fremont Gold Project in California, utilizing over 7,000 historical underground channel samples that were previously unavailable in digital format, significantly enhancing data density in mined areas [1][2][3] Group 1: Mineral Resource Estimation - The updated block model will reinterpret the Fremont deposit as a continuous mineralized body instead of discrete vein-only domains, using a lower cut-off grade supported by updated underground mining cost assumptions [2][3] - The inclusion of the new dataset is expected to enhance geological continuity, improve grade distribution confidence, and support wider mining widths consistent with a bulk underground mining scenario [3] Group 2: Project Background - The Fremont Gold Mine is an advanced exploration and early development brownfield project that was previously mined at a grade of 10.7 grams per tonne (gpt) before gold production halted in 1942 due to WWII [4][6] - The project has seven deposits along a 4 km strike on the Mother Lode Belt, with only 8% of the Mineral Resource Estimate (MRE) 2025 having been exploited, leaving 92% available for future mining [6] Group 3: Infrastructure and Ownership - Fremont Gold Project covers 3,351 acres of patented private land with 100% ownership of surface and mineral rights, featuring road access, electricity, and proximity to rail and airport [6][10] - The project has extensive underground workings, including 23 km of tunnels, 20 adits, 16 levels, and 5 shafts, indicating significant infrastructure for potential mining operations [6][10] Group 4: Future Steps - The new Mineral Resource Estimation is currently underway and will be completed in accordance with NI 43-101 standards, with further updates to be provided once the work is finalized and reviewed by Qualified Persons [4]
XXIX Updates on Fully Funded 2026 Exploration Plan
TMX Newsfile· 2026-02-18 11:00
Core Insights - XXIX Metal Corp. is advancing its exploration plans for 2026, supported by a recently completed financing of $17.2 million, providing over $20 million in cash and $24 million in working capital to accelerate exploration activities at its Opemiska and Thierry projects [1][2]. Opemiska Project - The company is conducting a 10,000-metre drill program at the Cooke Gold Zone, which historically produced 1.97 million tonnes at 5.04 g/t gold and 0.66% copper. This program aims to expand the mineralized horizon and support the preliminary feasibility study (PFS) [3][4]. - An in-fill drill program is planned for the Saddle Zone in Q3 2026 to enhance existing resources and optimize pit geometry, potentially leading to a deeper pit and increased resources [5]. - The company is refining its 3D resource model to improve grade and tonnage certainty, which will assist in upgrading the existing inferred mineral resource classification [6]. - An updated mineral resource estimate (MRE) is expected in Q4 2026, incorporating results from the Cooke and Saddle zones, which will serve as the basis for the upcoming PFS [7]. Thierry Project - A maiden large-scale drill program of 20,000 metres is planned for the K1 Zone, marking the first systematic drilling on the Thierry property in over fifty years. This program aims to validate the new bulk-tonnage interpretation of the deposit [8][9]. - Data validation and reinterpretation of the K2 Zone are nearing completion, leveraging extensive historical drilling data. The K1 and K2 zones together represent over 210,000 metres of historical drilling [10][11]. - The new interpretation of the K1 Zone indicates significant mineralization potential, with dimensions of 1.4 km length, 250 m width, and 400 m depth, and remains open in all directions [11][12]. Financial and Corporate Developments - The company has granted stock options to directors and officers, allowing for the acquisition of up to 4.4 million shares at a price of CAD $0.13 per share for five years [13]. - XXIX Metal Corp. is positioned as a key player in the Canadian copper sector, with its Opemiska project being one of Canada's highest-grade open-pitable copper deposits, and the Thierry project benefiting from significant infrastructure [16].
Shallow High-Grade Cu-Au Results Continue at La Verde
Prnewswire· 2026-02-16 13:30
Core Highlights - Hot Chili Limited announced strong drill results from its La Verde copper-gold porphyry discovery, located 30 km south of the Costa Fuego project in Chile's Atacama region [1] - Significant intersections include DKD036 recording 150 m grading 0.52% CuEq (0.37% Cu, 0.21 g/t Au) from 30 m depth and DKD035 recording 220 m grading 0.47% CuEq (0.37% Cu, 0.14 g/t Au) from 38 m depth [1][2] - The results indicate a higher-grade, near-surface copper-gold zone, which is expected to contribute positively to the financial metrics of Hot Chili's March 2025 Pre-Feasibility Study [1] Drill Results - DKD036 includes 38 m grading 0.70% CuEq (0.55% Cu, 0.21 g/t Au) from 117 m depth [1] - DKD035 includes 68 m grading 0.64% CuEq (0.52% Cu, 0.15 g/t Au) from 187 m depth [1] - The latest results are located up-dip from previously reported intersections, indicating potential for further resource expansion [1] Mineralisation and Recovery - Visual estimates from drillhole DKD039 show strong copper porphyry-style mineralisation with chalcopyrite abundance estimated to average greater than 1% [1] - Initial metallurgical testwork indicates recoveries of 83% Cu, 56% Au, 83% Mo, and 37% Ag, similar to those recorded at Costa Fuego [1] - The copper equivalent (CuEq) formula used for calculations incorporates various metal prices, including Cu at 4.50 USD/lb and Au at 3,150 USD/oz [1][2] Future Plans - The company plans to expand its Phase two drill program, with a second drill rig expected to commence shortly [1] - Further exploration activities are aimed at extending the mineralised footprint at La Verde, with drilling having commenced on September 22, 2025 [2]
又1家企业加入美国OTCQX板块
Sou Hu Cai Jing· 2026-02-13 04:35
Group 1 - OTC Markets Group Inc. announced that Tartisan Nickel Corp. has qualified to trade on the OTCQX Best Market [1] - Tartisan Nickel Corp. is a Canadian mineral exploration and development company, with its flagship asset being the Kenbridge nickel deposit located in the Kenora mining district of Ontario [2] - The Kenbridge nickel deposit has an estimated mineral resource of 7.5 million tons, with a nickel grade of 0.58% and a copper grade of 0.32%, totaling 95 million pounds of contained nickel [2] Group 2 - Tartisan Nickel Corp. also holds other assets, including the Silver Lake lead-silver project in Sault Ste. Marie, Ontario, and the Turtle Pond nickel-copper project in Dryden, Ontario [2] - The inferred resource at the Kenbridge deposit is estimated at 985,000 tons, with a nickel grade of 1% and a copper grade of 0.62%, containing 22 million pounds of nickel and 53 million pounds of copper [2]