Scorpio Gold Drills 1.24 Grams per Tonne Gold over 92.81 Metres at the Manhattan District, NevadaAugust 25, 2025 6:00 AM EDT | Source: Scorpio Gold CorpHighlightsHole 25MN-011 returned:1.24 grams per metric tonne ("g/t") Au over 92.81 metres ("m"), including 19.01 g/t Au over 3.05 m.1.79 g/t Au over 11.89 m, including 3.96 g/t Au over 4.06 m.1.50 g/t Au over 25.15 m, including 3.62 g/t Au over 9.60 m.Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Scorpio Gold Corp. (TSXV: SG ...

TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") announces results from its ongoing resource expansion and in-fill drilling campaign at its El Cura deposit. El Cura is part of Emerita's wholly owned Iberian Belt West project ("IBW" or the "Project"; Figure 1) which includes three Volcanogenic Massive Sulfide (VMS) deposits: La Romanera, El Cura and La Infanta. El Cura deposit has potential to significantly increase IBW reso ...

MONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company or "Osisko Metals") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Osisko Metals Chief Executive Officer Robert Wares commented: "Drill results at Gaspé Copper continue to exceed expectations. These new data expand the deposit further south and at depth with drill holes 30-1092 and 30-872, located respective ...

Core Viewpoint - Li-FT Power Ltd. has announced the commencement of a drilling program at the Yellowknife Lithium Project, scheduled for August 25, 2025, focusing on high-grade spodumene intercepts [1][27]. Drilling Program Details - The 2025 drilling program will consist of 10 holes totaling 3,445 meters, targeting the Shorty (2,655 m) and Nite (790 m) dykes [2][5]. - Drilling will be conducted at inferred spacing of 100 meters to a true vertical depth of 300-350 meters from the surface [2][5]. - The Shorty pegmatite corridor is at least 1.4 km long and up to 100 m wide, with individual dykes varying from 2 to 40 m in width [6][19]. Targeted Areas and Historical Results - The Shorty dyke will have eight new holes drilled, focusing on extending previously identified spodumene intercepts, including notable results of 1.24% Li2O over 53 m and 0.97% Li2O over 33 m from earlier campaigns [7][8]. - The Nite pegmatite complex will have two new deep holes drilled, targeting areas with previous intercepts of 1.38% Li2O over 11 m and 0.63% Li2O over 23 m [19][25]. Current Mineral Resource Estimate - The current mineral resource estimate for the Yellowknife Lithium Project includes 50.4 million tonnes grading 1.00% Li2O, equating to 506,000 tonnes of Li2O, positioning it as one of the largest spodumene projects in North America [25][27]. - The project ranks among the top 10 largest spodumene projects in the Americas based on the estimated resource and grade [27]. Company Overview - Li-FT Power Ltd. is focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada, with the Yellowknife Lithium Project being its flagship [29].

Core Viewpoint - Integra Resources Corp. has announced initial results from its 2025 resource growth drilling program at the Florida Canyon Mine, aiming to expand mineral reserves and resources, extend mine life, and enhance the mine's value [1][4]. Group 1: Drilling Program Overview - The 2025 growth drilling program targets three key areas: near-surface oxide potential from historical low-grade gold-mineralized waste, expanding in-situ resources between existing mine open pits, and testing lateral extensions and in-pit infill drilling [2][12]. - The drill program's scope has been increased from approximately 10,000 meters to 16,000 meters due to initial drilling success, with about 5,700 meters of reverse circulation drilling completed to date [2][10]. Group 2: Opportunity 1 - Near-Surface Oxide Potential - Initial results from the North Mine Dump indicate broad, near-surface intervals of oxide gold mineralization, with significant gold grades and excellent heap leach potential [4][8]. - Key intercepts include: - FCM25-0569: 0.28 grams per tonne (g/t) oxide gold over 68.6 meters - FCM25-0570: 0.36 g/t oxide gold over 71.6 meters - FCM25-0575: 0.37 g/t oxide gold over 47.2 meters, including 4.53 g/t oxide gold over 1.5 meters - Approximately 70% of drill intercepts exceed the current mine cut-off grade of 0.11 g/t gold [9][16]. Group 3: Opportunity 2 - Expanding In-Situ Resources - Drilling in the Inter-Pit areas has confirmed broad, near-surface intervals of gold mineralization with consistent grades, indicating potential for resource expansion [12][16]. - Notable intercepts include: - FCM25-0588: 0.47 g/t gold over 39.6 meters (North Pit) - FCM25-0591: 0.27 g/t gold over 114.3 meters (Central/Radio Tower Saddle) - FCM25-0600: 0.25 g/t oxide gold over 73.2 meters (Central/Radio Tower Saddle) - Approximately 40% of drill intercepts within the Radio Tower Pit exceed the current mine cut-off grade of 0.14 g/t gold, while about 35% of remaining Inter-Pit intercepts exceed 0.11 g/t gold [16][18]. Group 4: Future Plans and Expectations - The 2025 drill program is expected to support a mineral resource and reserve update, along with a revised life-of-mine plan in the first half of 2026 [11][19]. - Preliminary volume and grade estimation work is underway for the North Dump and South Dump, with further details anticipated in the coming months [11][10].

Core Viewpoint - Almadex Minerals Ltd. is advancing its Logan Zinc-Silver Project in Yukon, Canada, while also holding a 2% net smelter return royalty on the Tim Property, which is being developed by Coeur Mining, indicating strong potential for resource expansion and strategic partnerships in critical minerals [1][5][11]. Logan Project Highlights - The Logan Project is located 108 km northwest of Watson Lake, Yukon, and contains a significant zinc-silver resource, with mineralization starting at surface and extending to at least 275 meters in depth [2][4]. - The mineral resource estimate includes an Indicated Mineral Resource of 2.6 million tonnes grading 5.1% zinc and 23.1 g/t silver, and an Inferred Mineral Resource of 16.9 million tonnes grading 4.3% zinc and 18.2 g/t silver [9]. - Drill results indicate excellent continuity of mineralization and potential for resource expansion both laterally and at depth, with historical drill core re-analysis revealing economically significant indium values averaging 35 ppm and up to 273 ppm [3][4]. Tim Property NSR - Almadex holds a 2% NSR royalty on the Tim Property, which is being advanced by Coeur Mining under an option agreement, allowing Coeur to earn up to an 80% interest through staged exploration expenditures [6][11]. - Coeur has invested approximately $1.6 million to date, completing various exploration activities including a six-hole, 2,250-meter drill program in 2024 [7][10]. - Recent geological observations suggest that Tim may host a productive Carbonate Replacement Deposit (CRD) system, with significant silver-lead-zinc potential [8][11]. Strategic Significance - The combination of the Logan Project's updated mineral resource and Almadex's strategic royalty exposure at Tim positions the company as a unique participant in the critical and precious metals landscape in Yukon and northern British Columbia [11][15]. - The company is currently focused on a large regional exploration program in the western United States while seeking a qualified partner to advance the Logan Project [5][11].

Core Viewpoint - Nova Minerals Limited has commenced its 2025 drilling program at the high-grade RPM deposit, with initial geological observations showing promising results and expectations for assay results in the coming months [1][3][4]. Group 1: Drilling Program Details - The drilling program includes two diamond drill rigs and one reverse circulation (RC) rig operating continuously during daylight hours in Alaska [1]. - Initial drillholes in the RPM Valley zone have shown promising sulfide mineralization and quartz veining, extending the understanding of the mineralized intrusive body further north [3][5]. - The RC drilling program has effectively penetrated glacial till, confirming the presence of mineralized valley-fill material with an average of over 1g/t gold across surface samples, extending approximately 1.7 kilometers with an estimated thickness of nearly 40 meters [4][5]. Group 2: Resource Expansion and Exploration - The diamond drilling at RPM North is focused on testing extensions to the east and west to connect with the RPM Valley zone, while an additional rig targets resource expansion [5]. - Initial closed spaced RC drilling in the Korbel starter pit area has been completed, with samples to be sent for analysis shortly [5]. - Further exploration activities, including mapping, sampling, environmental studies, and access road projects, are ongoing as part of the Pre-Feasibility Study (PFS) [5]. Group 3: Project Overview - Nova Minerals Limited is focused on advancing the Estelle Project, which encompasses 514 km of mining claims in Alaska, containing multiple mining complexes and over 20 advanced gold and antimony prospects [11][13]. - The project is located in the Tintina Gold Belt, known for its significant gold endowment exceeding 220 million ounces [11][13].

Core Insights - Torex Gold Resources Inc. reports excellent drilling results from the northern extension of the EPO deposit, indicating strong potential for resource expansion and enhanced production profiles beyond 2035 [1][4][31] Drilling Results - The recent drilling program has yielded high-grade intercepts, including 55.18 grams per tonne (gpt) AuEq over 20.1 meters in drill hole ML24-1049DA, and 4.92 gpt AuEq over 35.7 meters in ML24-1042 [3][7] - The northern portion of EPO mineralization extends over an area of at least 500 x 200 meters with vertical continuity exceeding 100 meters [3][12] Resource Expansion - The 2024 drilling program successfully added approximately 233,000 gold equivalent ounces (oz AuEq) to Inferred Resources, primarily from the northern area of the deposit [2][7] - The ongoing drilling aims to upgrade Inferred Resources to Indicated Resources, with expectations for a significant increase in resources by the year-end 2025 mineral reserve and resource update [9][16] Production Outlook - Torex is on track to achieve first production from EPO by the end of 2026, with a projected minimum annual production of at least 450,000 oz AuEq through 2030 [4][31] - The company has budgeted approximately $10 million for drilling at EPO, with $5 million allocated specifically for the northern extension [17][32] Geological Context - The EPO deposit is characterized by a complex geological setting, including the Morelos Formation and various intrusive phases, which contribute to the mineralization [18][19] - The mineralization is controlled by structural features such as the La Avispa fault, which influences the distribution of mineralized zones [11][19]

Core Insights - Denison Mines Corp. announced the discovery of additional high-grade mineralization at the Gryphon uranium deposit, with drill hole WR-837AD2 intersecting 2.3 metres at 1.69% eU3O8, including 0.5 metres at 5.48% eU3O8, approximately 40 metres outside the previously estimated mineralized domain [1][2][4] Group 1: Discovery and Drilling Results - The delineation drill program at Gryphon was highly successful, confirming the geological interpretation and intersecting uranium grades in line with expectations [2][3] - Drill hole WR-837AD2 indicates potential expansion of the D1 zone by approximately 40 metres in the down-plunge direction, justifying further follow-up drilling [10] - A total of approximately 12,500 metres of diamond drilling was completed in the 2025 delineation program, confirming the current geological interpretation and supporting the grade-thickness assumptions in the resource block model [12][13] Group 2: Resource Estimates and Economic Potential - Gryphon is estimated to contain Indicated Mineral Resources of 61.9 million pounds U3O8 at an average grade of 1.7% U3O8, with additional resources of 1.9 million pounds U3O8 at an average grade of 1.2% U3O8 [5][6] - The 2018 Pre-Feasibility Study (PFS) assessed Gryphon's potential for underground mining, highlighting robust economics with an estimated after-tax base-case Net Present Value (NPV) of $864.2 million and an internal rate of return (IRR) of 37.6% [7] Group 3: Future Development Plans - The company is developing plans to follow up on the high-grade mineralization results and test other expansion targets [4][10] - Approximately 250 kg of whole-core samples were collected for metallurgical test work to assess uranium recoveries, supporting future project evaluation efforts [18][20] - Geotechnical and hydrogeological data collected from the drilling program will enhance understanding for future mine-design planning [19][20]

Core Insights - Maple Gold Mines Ltd. has reported significant high-grade gold mineralization at its Douay Gold Project, with notable results from the 531 Zone and Nika Zone, indicating potential for bulk tonnage underground gold mineralization at depth [1][2][3] Group 1: Drilling Results - In the 531 Zone, drill hole DO-25-351 intersected 4.87 g/t Au over 15.0 m, including 11.25 g/t Au over 5.0 m [2] - Drill hole DO-25-352 returned 3.66 g/t Au over 11.4 m, including 11.04 g/t Au over 2.85 m, within a broader mineralized envelope of 1.41 g/t Au over 49.5 m [2] - In the Nika Zone, drill hole DO-25-54Ext intersected 2.21 g/t Au over 31 m, including 5.54 g/t Au over 7 m, within a broader mineralized envelope of 1.26 g/t Au over 60 m [2][3] Group 2: Program Overview - The 2025 winter drill campaign consisted of 21 diamond drill holes totaling 12,240 m, with a focus on expanding the Douay mineral resource estimate (MRE) [4][5] - The program was completed on time and under budget, with all-in direct drilling costs at $300/m compared to a budgeted $400/m [6] - The drilling aimed to de-risk and expand the Douay MRE, focusing on understanding the controls and demonstrating continuity of high-grade mineralization [4][6] Group 3: Future Plans - The company plans additional step-out drilling in the 531 Zone and Nika Zone later this year, with an updated MRE expected in H2 2025 [3][33] - A summer surface exploration program has commenced, including geological mapping, prospecting, geochemical sampling, and ground geophysical surveys [33] - The company is also preparing for a 3,000-m drill program at its Joutel Gold Project planned for Fall 2025 [34]