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XXIX Advances Thierry Copper Project with Comprehensive Validation and Reinterpretation of 210,000 Metres of Drilling
TMX Newsfile· 2026-01-16 11:00
Core Viewpoint - XXIX Metal Corp. is advancing its Thierry Copper Project, highlighting the potential for resource expansion and improved economic parameters due to rising copper prices and a comprehensive reinterpretation of geological data [2][5][9]. Geological Overview - The Thierry project includes K1 and K2 zones, with over 210,000 meters of historical drilling and extensive geological data supporting the resource definition and expansion efforts [3][7]. - Recent data validation and reinterpretation have established a modern geological database, enhancing the understanding of the system scale and potential for value creation [4][9]. Resource Potential - Thierry is noted as a rare opportunity in Canada, controlling two of the three largest copper resources in Eastern Canada, with no royalties attached [5]. - The updated interpretation suggests a higher-grade underground operation at K2 and a large-scale, bulk-tonnage copper-PGE open pit at K1 [5][9]. Economic Factors - Current copper prices exceed $5.00/lb, compared to $3.75/lb used in previous resource estimates, allowing for lower potential cut-off grades and improved project economics [9][10]. - The existing mineral resource estimates at K1 and K2 are being re-evaluated under these improved economic conditions [9]. Infrastructure and Development - Thierry benefits from strong infrastructure, including well-maintained roads, power, water access, and proximity to an airport and rail, positioning it for efficient development [11]. - The company plans an active exploration season in 2026 to further evaluate high-potential targets and unlock the project's full potential [11].
Tsodilo Resources Detects Critical Minerals and Rare Earth Elements Within Its Skarn Metals Project
TMX Newsfile· 2026-01-13 05:15
Core Insights - Tsodilo Resources Limited has confirmed significant critical minerals and rare earth element (REE) mineralization at its Gcwihaba Metals Project in Botswana, particularly at the C26 and C27 targets, which were identified through geophysical surveys and confirmed by diamond core drilling [1][3][5] Exploration Results - The conceptual exploration target for the Gcwihaba project ranges from 81 to 97 million tonnes with grades between 0.05% and 1.49% Total Rare Earth Oxides (TREO), with the REE exploration target extending four kilometers in length [3][17] - The highest grade recorded so far is 1.49% TREO at the C27 skarn, validating the company's exploration approach [5][16] - The C26 and C27 skarn features contain all fifteen REE elements listed on the U.S. Department of Interior's 2025 Critical Minerals List, along with five additional critical minerals [6][7] Drilling Program - A 15,000-meter diamond drill program is set to commence in 2026 to obtain a compliant NI43-101 resource statement, focusing on defining high-grade REE zones and evaluating the polymetallic potential of the system [6][18] - The 2026 drilling campaign will include approximately 50 NQ-size drill holes [18] Mineralization Details - The skarn deposits are located within carbonate-rich lithologies and are characterized by a polymetallic assemblage, including copper, cobalt, nickel, vanadium, and silver [15][16] - Notable drill results include high-grade REE intercepts, with specific results from the C27 skarn showing 1.49% TREO over 2 meters and 1.23% TREO over 1 meter [9][12] Industry Context - The demand for rare earth elements is projected to grow at 9.2% annually through 2030, with global supply currently concentrated in China [7][8] - Rare earth elements are critical for applications in electric vehicles, wind turbines, and defense technologies, highlighting the strategic importance of the Gcwihaba project [7][21]
Nova’s RPM North Drilling Confirms Further Resource Upside with East Extension Discovery
Globenewswire· 2026-01-07 11:30
Core Insights - Nova Minerals Limited announced promising near-surface gold results from its RPM North deposit, part of the Estelle Gold and Critical Minerals Project in Alaska, indicating strong potential for resource expansion [1][2][3] Group 1: Drilling Results - The 2025 drilling program at RPM North included seven diamond core holes, confirming the continuity of mineralization and identifying an eastern extension that could significantly increase resources [4][5] - Significant drill results include: - 180m @ 0.7 g/t Au from 4m, with highlights of 108m @ 1.1 g/t Au and 27m @ 2.5 g/t Au [5] - 162m @ 1.0 g/t Au from 3m, including 54m @ 1.6 g/t Au [5] - 167m @ 0.7 g/t Au from 187m, with 123m @ 0.9 g/t Au [5] - Hole RPM-080 reported a high-grade intersection of 19.7 g/t Au from 15.2m to 17.6m, showcasing the potential for high-grade mineralization [4][5] Group 2: Future Plans and Studies - The company plans to continue exploration in 2026 to identify additional mineralization and will incorporate the latest results into an updated resource estimate for the upcoming Feasibility Study (FS) [3][5] - Ongoing technical studies and optimization work aim to advance the project towards commercial production, with various consulting firms engaged in metallurgical and mining studies [4][5][29] Group 3: Project Overview - The Estelle Project encompasses 514 km of mining claims in Alaska's Tintina Gold Belt, known for its significant gold and antimony resources, with multiple advanced prospects and two defined multi-million ounce resources [32] - The project is strategically located near major gold mines, enhancing its potential for future development [32]
Radisson Reflects on a Successful 2025 and Provides 2026 Outlook
TMX Newsfile· 2025-12-30 11:30
Core Insights - Radisson Mining Resources Inc. has made significant advancements in the exploration and development of its 100%-owned O'Brien Gold Project in 2025, with plans for the largest drill program in 2026, supported by a strong treasury [1][3] 2025 Milestones - The company adopted a more aggressive exploration strategy in late 2024, targeting deeper mineralization at the O'Brien Project, resulting in successful drill results, including a notable intercept of 31.24 grams per tonne gold over 8.0 metres at a depth of 1,500 metres [3][5] - An 82% success rate was achieved in intersecting mineralization during the step-out drill program, with 56 out of 68 completed holes reporting new gold mineralization consistent with the Project's mineral resource estimate [5][7] - The Preliminary Economic Assessment (PEA) released in 2025 highlighted the project's low capital expenditure and environmental footprint, utilizing existing offsite facilities for processing [3][5] 2026 Work Program - The approved work program for 2026 includes approximately 35,000 metres of drilling, with a focus on delineating high-grade gold mineralization beneath the historic O'Brien mine [5][6] - The program aims to complete a total of 140,000 metres of drilling by 2027, with a budgeted cost of C$21 million, or approximately C$290 per metre [6] - A comprehensive metallurgical study indicated gold recoveries between 86% and 96%, and the company plans to enhance assay methods to improve turnaround times [5][6] Drill Results - Since late 2024, Radisson has published results from 68 drill holes, with 56 holes intersecting gold mineralization averaging greater than 3 g/t Au, reflecting the potential for future resource contributions [7][8] - The company is currently processing an additional 18 drill holes from the 2025 program, which are in various stages of logging and assaying [7] Financial Position - Radisson completed C$37 million in equity financings and expects to end 2025 with a treasury of approximately C$32 million, fully funding its 2026 work programs [5][6] Community Engagement and Environmental Studies - Ongoing grassroots exploration and environmental baseline studies are being conducted to assess the project's impact and engage with local communities, including First Nations [14]
Guardian Metal Resources PLC Announces Pilot Mountain Pre-Feasibility Progress Update
Accessnewswire· 2025-12-19 07:13
Core Viewpoint - Guardian Metal Resources plc has submitted a S-K 1300 Technical Summary Report and an updated Mineral Resource Estimate for its Pilot Mountain tungsten Project, indicating a 16% increase in open pit constrained indicated mineral resources compared to the 2018 Scoping Study [1] Group 1: Company Developments - The updated Mineral Resource Estimate is pit-constrained, making it potentially suitable for open-pit mining [1] - The Pilot Mountain tungsten Project is 100%-owned by Guardian Metal and is located in Nevada, USA [1] - The development of a domestically mined source of tungsten in the United States is being positioned for the first time in over a decade, subject to permitting, financing, and further technical work [1] Group 2: Industry Context - The report aligns with Regulation S-K 1300, which governs the disclosure of mineral resources in the United States [1] - The ongoing drilling activities at the Pilot Mountain Project suggest a commitment to further exploration and resource development [1]
Kirkland Lake Discoveries Signs Definitive Agreement to Acquire the Mirado Project with Historical Gold Inferred Resource of 10.6 Mt at 1.29 g/t for 442,000 oz
TMX Newsfile· 2025-12-18 11:00
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Kirkland Lake Discoveries (TSXV: KLDC) (OTCID: KLKLF) ("KLDC" or the "Company") is pleased to announce that it has entered into a definitive agreement dated December 16, 2025 (the "Purchase Agreement") with Orecap Invest Corp. ("Orecap") providing for the acquisition of the Mirado Gold Project, a 2,500-hectare property hosting an inferred historical resource of 10.6 Mt at 1.29 g/t for ~442,000 oz Au with strong opportunities for near-resource expansi ...
Happy Creek Intercepts 1.18 m of 6.83% WO3 from 31.2 m DH Depth at the Fox Tungsten Project in British Columbia
Thenewswire· 2025-12-17 22:10
 December 17, 2025, Vancouver, British Columbia – TheNewswire - Happy Creek Minerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”) is pleased to report assays from the 2025 drill program at the Fox Tungsten Project in the South Cariboo district of British Columbia (the “Fox Project” or the “Project”).Highlights Eighteen diamond core drill holes were completed at the Fox Project for a total of 2,176 meters drilled during the period from September 5th to October 5th, 2025.  The drilling was focused on ...
First Majestic Reports Continued Exploration Success at Santa Elena and Announces Senior Management Update
TMX Newsfile· 2025-12-15 21:30
New drilling significantly expands the gold and silver mineralization of the Santo Niño and Navidad discoveriesDrilling completed at Luna expected to convert substantial amount of Inferred Mineral Resources to Indicated Mineral ResourcesStart of scoping-level studies for Navidad and Santo Niño provide guidance on potential mining strategiesMani Alkhafaji promoted to President & Chief Corporate Development OfficerVancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - First Majestic Silver Corp. ...
Recent Discovery at Froome Mine Expands Along Strike and Down-Dip; Drilling at Depth Shows Potential to Extend Mine Life: 7.7 gpt gold over 20.4 m & 23.5 gpt gold over 3.7 m (true widths)
Globenewswire· 2025-12-04 11:00
Core Insights - McEwen Inc. has announced new drill results from its Froome Mine, indicating significant geological potential and active drilling to expand results [1][2] Group 1: Drill Results and Mineralization - The recent drill results have extended high-grade gold mineralization by 100 meters vertically, marking a 45% increase since July 2025 [2] - Gold mineralization has been extended up to 50 meters west, which may increase the number of defined ounces per vertical meter, thereby lowering future production costs [5] - Some of the deepest intersections confirm that gold mineralization remains open at depth, suggesting additional resources exist below the current planned limit of the mine [4] Group 2: Economic Implications - The potential to extend Froome's mine life and improve economics is highlighted, with mining expected to commence in H1 2026 in areas near recently completed underground infrastructure [6][9] - Greater mining flexibility is anticipated, enabling higher production and lower costs, with mill feed from multiple sources expected from H2 2026 [9] Group 3: Future Plans - Surface diamond drilling will continue into Q1 2026 to further define the mineralization that remains open to the west and at depth [17] - An updated resource estimate for Froome West is planned for publication at the end of February 2026 [17]
Torex Gold Reports Promising Drill Results from Media Luna West
Newsfile· 2025-12-01 23:00
Core Insights - Torex Gold Resources Inc. reported promising drill results from the 2025 drilling program at Media Luna West, supporting the declaration of an inaugural Inferred Resource in March 2026 [1][2][15] Drilling Results - The drilling program defined a mineralized footprint of 400 x 300 meters, with high-grade results including 12.25 grams per tonne gold equivalent (gpt AuEq) over 11.0 meters in drill hole ML25-1088D and 17.79 gpt AuEq over 12.9 meters in ML25-1095D [2][14] - A total of 10,744 meters of drilling was conducted across 23 drill holes in 2025, with an additional drill hole from 2024, totaling 11,303 meters over 24 drill holes [7][16] Future Plans - Future drilling will focus on expanding the resource footprint towards the north and south, particularly towards the San Miguel fault, and upgrading resources from Inferred to Indicated category [2][15] - The company anticipates sharing results from other targets across the Media Luna Cluster and Atzcala in the coming months, showcasing the exploration potential at Morelos [4][5] Geological Insights - The exploration at Media Luna West is guided by a deeper understanding of structural controls, focusing on the intersection of north-south structural corridors with west-northwest-striking faults linked to the San Miguel fault [6][19] - The mineralization is characterized by a sequence that began with copper-rich mineralization, followed by gold-rich fluids that preferentially mineralized the fringes of breccias [13][22] Strategic Objectives - Torex aims to enhance and extend the production profile of the Morelos Complex by expanding resources and increasing reserves, with a target of sustaining production above 450,000 gold equivalent ounces well beyond 2030 [4][29] - The company is committed to responsible mining and seeks to optimize production and costs while pursuing disciplined growth and capital allocation [30][28]