Workflow
Mineral Resource Growth
icon
Search documents
Newcore Gold Increases Drill Program to 45,000 Metres at the Enchi Gold Project, Ghana
Globenewswire· 2025-10-08 10:20
Drilling Completed to Date Highlights the Potential for Resource Growth at EnchiVANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce that on the back of the success achieved to date with drilling at the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana, and a strong cash position of approximately $10 million after the exercise of warrants that expired on September 26, 2025, t ...
Silver47 Completes Successful Red Mountain Drill Program and Intersects Massive Sulfides in Multiple Holes
Newsfile· 2025-10-01 10:00
Silver47 Completes Successful Red Mountain Drill Program and Intersects Massive Sulfides in Multiple HolesThe Red Mountain Deposit Remains Open to Expansion in Multiple Directions with Assays PendingOctober 01, 2025 6:00 AM EDT | Source: Silver47 Exploration Corp.Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the completion of its summer 2025 drill program at its wholly ...
First Mining Expands Newly Discovered Miroir Target with Drill Hole DUP25-064 Returning 3.23 g/t Au over 25.9 m
Prnewswire· 2025-09-24 11:00
Core Viewpoint - First Mining Gold Corp. has announced positive drilling results from its 2025 drilling program at the Duparquet Gold Project, indicating strong potential for resource growth, particularly at the Miroir target, with multiple high-grade gold intercepts reported [1][3][8]. Drilling Results - The company has completed approximately 16,000 meters of drilling in 2025, focusing on advancing resource growth targets [1][8]. - At the Miroir target, significant intercepts include drill hole DUP25-064, which returned 3.23 g/t Au over 25.9 meters, and drill hole DUP25-066, which returned 1.37 g/t Au over 30.6 meters [2][4][10]. - The Miroir target has been extended to a vertical depth of 100 meters below the surface, with ongoing drilling indicating continuity of higher-grade mineralization [2][11]. Geological Insights - The Miroir target is interpreted as a folded structure, with mineralization associated with brecciated and altered mafic volcanic host lithologies [3][12]. - The recent drilling results continue to confirm and expand the understanding of the geological model, highlighting multiple near-surface gold zones [9][12]. Project Overview - The Duparquet Project is located in the Abitibi region of Quebec and currently hosts an NI 43-101 compliant gold resource of 3.44 million ounces in the Measured & Indicated category, grading 1.55 g/t Au, and an additional 2.64 million ounces in the Inferred category, grading 1.62 g/t Au [14][15]. - The project spans approximately 5,800 hectares along a 19 km strike length, benefiting from proximity to existing infrastructure [14][15]. Future Exploration Plans - First Mining plans to continue drilling at the Miroir target and other key areas, including CVD, Aiguille, North Zone, South Zone, and Minuit Zone, to further enhance the understanding of mineralization controls [8][9].
Strickland Metals Limited (ASX:STK) Earnings Call Presentation
2025-09-08 22:00
Growing Rogozna Into A Tier One Gold Project North American Conference Presentation September 2025 ASX Code: STK For personal use only Disclaimer The information contained in the Presentation (Information) is a summary only and should be read in conjunction with any oral briefing and all other documents provided to you by the Strickland Metals Limited (Company). The Information is current as at the date of its release and the Company does not undertake to provide any additional or updated information, wheth ...
Abitibi Metals Extends B26 Mineralization & Increases Grade: Reports 3.65% CuEq Over 21.1m Within Interval of 1.55% CuEq Over 69.0m
Newsfile· 2025-09-03 11:00
Core Insights - Abitibi Metals Corp. has reported significant assay results from its Phase 3 drill program at the B26 Polymetallic Deposit, indicating strong mineralization and growth potential [3][4][5] Drilling Program Details - A total of 9,060 meters has been drilled out of a planned 17,500 meters for Phase 3, with completion expected by the end of November 2025 [3] - The company currently owns 50% of the B26 Deposit and has the option to earn an additional 30% from SOQUEM Inc. [3] Significant Assay Results - Hole 1274-17-269W3 reported 3.65% CuEq over 21.1 meters within an interval of 1.55% CuEq over 69.0 meters, indicating high-grade mineralization [4] - Additional holes, including 1274-17-269W1b and 1274-17-269W2b, also showed promising results with CuEq values of 3.41% and 3.25% respectively, confirming the expansion of high-grade zones [4][11] Resource Growth Potential - The results validate the continuity of mineralization at depth and support the expansion of the B26 footprint beyond the current resource boundary [4][6] - The current resource estimate stands at 11.3 million tonnes at 2.13% CuEq (Indicated) and 7.2 million tonnes at 2.21% CuEq (Inferred) [6][25] Future Plans - The company is fully funded through Q1 2027 and plans to budget approximately 25,000 additional meters for Phase 4 drilling in 2026 based on ongoing exploration success [4][5] - The focus will also shift towards making new discoveries across Abitibi's 3,328-hectare property in Q4 2025 and Q1 2026 [11]
Blue Star Announces Completion of Non-Brokered Private Placement
Newsfile· 2025-08-25 23:00
Group 1 - Blue Star Gold Corp. has completed a Private Placement, raising gross proceeds of $1,739,999.90 through the issuance of 1,600,000 flow-through units at $0.15 each and 10,714,285 units at $0.14 each [1] - The company focuses on mineral exploration and development in Nunavut, Canada, with landholdings totaling 300 square kilometers in the High Lake Greenstone Belt [2] - Blue Star owns the Ulu Gold Project and the Roma Project, with a significant high-grade gold resource at the Flood Zone deposit and numerous high-potential exploration targets [2] Group 2 - The company is listed on the TSX Venture Exchange under the symbol BAU, on the U.S. OTCQB under BAUFF, and on the Frankfurt Exchange under 5WP0 [3] - The future deep-water port at Grays Bay is located 40 - 100 km north of the properties, with a proposed route corridor for the all-weather Grays Bay Road passing close to the Roma and Ulu Gold Projects [2]
AbraSilver Extends Gold Zone at Diablillos Project with Additional Broad Intercepts at Oculto East
Newsfile· 2025-08-25 11:30
Core Viewpoint - AbraSilver Resource Corp. has announced significant assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, indicating an expansion of the gold-bearing zone at Oculto East, which is a key focus area for the company [1][2]. Summary by Sections Drill Results - The latest drill holes have confirmed the continuity of mineralization beyond the current Mineral Resource outline, with notable intercepts including: - DDH 25-060A: 60.0 m at 1.05 g/t gold, including 17.0 m at 2.83 g/t gold [5][8]. - DDH 25-067: 16.0 m at 1.74 g/t gold and 17.3 g/t silver [5][9]. - DDH 25-068: 21.0 m at 1.51 g/t gold and 49.5 g/t silver, followed by 64.0 m at 0.54 g/t gold and 19.8 g/t silver [5][11]. Exploration Program - The ongoing 20,000-metre Phase V drill program is progressing well, with three active rigs focusing on extending the gold zone at Oculto East beyond the existing Mineral Resource boundary [13]. - The results received so far indicate a broad zone of gold-dominant mineralization extending at least 200 metres east of the current open pit boundary, highlighting strong potential for further Mineral Resource expansion [13]. Project Overview - The Diablillos property is located in the Puna region of Argentina and comprises 15 contiguous mineral concessions acquired by AbraSilver in 2016 [17]. - The current Measured and Indicated Mineral Resource estimate for Diablillos consists of 73.1 million tonnes grading 79 g/t silver and 0.66 g/t gold, containing approximately 186 million ounces of silver and 1.6 million ounces of gold [25]. Management Commentary - The President and CEO, John Miniotis, expressed encouragement regarding the drilling results, which demonstrate the continuity of mineralization and strengthen confidence in the growth potential at Diablillos [7]. - Chief Geologist, Dave O'Connor, noted that the latest intercepts indicate that gold mineralization extends further east than previously modeled, emphasizing the focus on determining the full size and continuity of the expanding higher-grade gold zone [7].
West Red Lake Gold Expands High-Grade Zone in South Austin with 36.85 g/t Au over 6.9m, 92.39 g/t Au over 2m and 8.79 g/t Au over 15.5m
Globenewswire· 2025-08-12 13:07
Core Insights - West Red Lake Gold Mines Ltd. has reported significant drill results from its 100% owned Madsen Mine in the Red Lake Gold District, Ontario, Canada, highlighting the potential for high-grade gold mineralization [1][2][44]. Summary by Sections Drill Results - The South Austin Zone has an Indicated mineral resource of 474,600 ounces grading 8.7 grams per tonne gold, with an additional Inferred resource of 31,800 ounces at the same grade [2][44]. - Recent drilling has confirmed high-grade mineralization, with notable intercepts including 6.9 meters at 36.85 g/t Au and 2 meters at 92.39 g/t Au [7][9][22]. Historical Context - The Madsen Mine's mineral resources are estimated at a cut-off grade of 3.38 g/t Au, based on a gold price of US$1,800 per ounce [5][44]. - The mine currently hosts a National Instrument 43-101 Indicated resource of 1.65 million ounces grading 7.4 g/t Au and an Inferred resource of 0.37 million ounces grading 6.3 g/t Au [44][45]. Geological Insights - The South Austin Zone is characterized by a complex geological structure, with mineralization occurring within broad alteration corridors that have been reactivated during gold mineralization events [26][27]. - High-grade zones are visually identifiable by fine grains of free gold and are associated with strong alteration and veining [29][30]. Future Plans - The ongoing underground drilling program aims to further define near-term mining inventory and expand the current mineral resource, focusing on higher-grade portions of the Austin, South Austin, North Austin, and McVeigh Zones [30][44].
Strong drilling targets identified next to high-grade gold-copper mine
Globenewswire· 2025-08-11 22:48
Core Insights - Cygnus Metals Limited is mobilizing an additional drill rig to explore new high-potential targets adjacent to a historic high-grade mine in the Chibougamau Copper-Gold Project, with a resource update expected next month [1][5][10] - The company is leveraging historical drilling data and innovative AI solutions to identify new drilling targets, which have already shown promising results in previous explorations [2][9] - The Chibougamau area has a rich history of high-grade gold and copper production, with significant unmined resources remaining at the Cedar Bay mine, which could be expanded through systematic exploration [4][8][11] Company Developments - Cygnus is actively processing over 100,000 historical documents to enhance its exploration strategy, which has already yielded successful results at the Golden Eye project [9][10] - The company aims to increase the remaining unmined high-grade resource at Cedar Bay, currently estimated at 130,000 tonnes at 8.9% CuEq indicated and 230,000 tonnes at 8.5% CuEq inferred [8][29] - Recent drilling results from Corner Bay will be incorporated into the upcoming resource update, showcasing significant intersections that highlight the potential for resource growth [10][14] Industry Context - The Chibougamau region is noted for its well-established infrastructure, including a processing facility capable of handling 900,000 tonnes per annum, which positions the project favorably for copper-gold development [11] - The historical production record of the Chibougamau area includes nearly 1 million tonnes of copper and 3.5 million ounces of gold, indicating a strong mining legacy [6][11] - The Cedar Bay mine, which closed in 1990, produced 400,000 ounces of gold and 61,000 tonnes of copper, demonstrating the area's potential for high-grade mineralization [7][8]
Antipa Minerals (AZY) 2025 Earnings Call Presentation
2025-08-05 08:45
Project Overview - Antipa Minerals holds a 100% ownership of the Paterson Province landholding, featuring the Minyari Dome gold-copper development project[1] - The project has a pre-tax NPV7% of A$834 million at a gold price of A$3,000 per ounce[16, 21] - The project has a gold equivalent resource of 2.9 million ounces[21] - The project has a contained gold only resource of 2.4 million ounces[21] Financials and Operations - The initial gold output is projected at 1.3 million ounces, averaging 130,000 ounces per year for the first 10 years[21] - The initial capital cost is estimated at A$306 million, including A$90 million for pre-production mining[21] - The project anticipates a 3 Mtpa throughput for a 10+ year initial processing life[21] - The project has an IRR of 52% pre-tax at a gold price of A$3,000 per ounce[21] Exploration and Resources - The company has A$71 million cash position[16] - The company has a land package of over 4,100km2[16] - The company has a mineral resource of 2.5 Moz of gold, 84,000 t of copper, and 666 koz of silver[16]