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New Targets at the Wyloo Gold – Silver – Antimony Project for Maiden Drill Program
Globenewswire· 2026-02-09 22:28
Core Insights - Novo Resources Corp. has provided an update on the Wyloo Project, highlighting recent exploration results and a forward work program, including a maiden RC drilling program planned for Q2 2026 to test the Wyloo SE polymetallic vein system [2][3][19]. Exploration Results - Recent soil sampling at Wyloo SE has defined a strong, open-ended multielement anomaly over a known polymetallic vein system, with peak soil values of 57.2 ppm Ag, 142 ppm Sb, 1,440 ppm As, 2,180 ppm Zn, and 1,530 ppm Pb [5][11]. - Follow-up stream sediment sampling at Wyloo SW has expanded the original anomaly, defining a target area of 2.5 km x 800 m with peak stream sediment results of 19.9 ppm Sb and a multielement association of Sb-As-Cu-Pb-Zn [4][15]. Geological Context - The Wyloo project area is located in the southern Pilbara, with the Wyloo SE and SW prospects situated within the core of the Wyloo anticline, forming a basement high within the Ashburton Basin [6][28]. - The geological setting includes a dynamic tectonic environment with the Nanjilgardy Fault located just 5 km south of the prospect [6]. Planned Activities - A heritage survey is scheduled for March 2026 to facilitate access for the planned RC drilling at Wyloo SE [5][19]. - The maiden drilling program will target the ENE trending vein array, the Tasha Fault Zone, and soil anomalies parallel to stratigraphy, aiming to assess the vertical metal zonation and potential plunge of the target [19][20]. Historical Context - Significant antimony anomalies were identified in 2023 during routine stream sediment sampling, leading to further exploration that revealed a zone of quartz-sulphide veining with anomalous antimony, silver, gold, and base metals at Wyloo SE [7][9]. - Previous rock chip sampling yielded peak assay results of 387 g/t Ag, 0.38% Sb, 5.0% Pb, 1.6% Zn, 2.4% Cu, and 0.52 g/t Au, enhancing the target's potential [7].
Corrected: Fitzroy Minerals Reports on Latest Drilling Results and Extends Oxide Zone to 1.7 km, Buen Retiro Copper Project, Chile
Thenewswire· 2026-02-09 15:20
Core Insights - Fitzroy Minerals Inc. has reported significant exploration progress at its Buen Retiro and Caballos copper projects in northern Chile, highlighting the discovery of new mineralization targets and promising drilling results [1][3][4]. Buen Retiro Project - The company has completed Phase 2 drilling at Buen Retiro, totaling 8,300 meters across 29 drill holes, with new drilling contracts signed for an additional 10,400 meters of diamond drilling and 3,000 meters of reverse circulation drilling planned for 2026 [4][16]. - Drill hole BRT-DDH041 intersected 108 meters at 0.41% Cu, including 48 meters at 0.77% Cu, while BRT-DDH043 intersected 77 meters at 0.46% Cu, including 20 meters at 0.97% Cu, indicating strong mineralization [5][8]. - The reverse circulation drill hole BRT-RCD008 extended the Southwest oxide target to 1.7 kilometers, intersecting 213 meters at 0.19% Cu [5][14]. - The mineralization at Buen Retiro shows a stratigraphic control, primarily hosted within permeable volcanic breccias and tuffs [8][9]. Caballos Project - At Caballos, Phase 1 drilling has been completed with 3,154 meters across nine holes, and an airborne geophysical survey is scheduled for Q1 2026 to enhance geological understanding [18][22]. - Drill hole CAB-DDH009 returned 71 meters at 0.41% CuEq, indicating a complex copper system with significant alteration and mineralization [19][20]. - The geology at Caballos is characterized by porphyry textures and alteration, with plans for Phase 2 drilling later in the year once geophysical data is integrated [3][18]. Next Steps - The company is finalizing new drilling plans for 2026, focusing on both exploration and metallurgical sampling, while also reinterpreting existing geophysical data [16][22]. - Discussions regarding a Heap Leach Joint Venture Copper Project with Sociedad Punta del Cobre S.A. are ongoing, with plans for a Pre-Feasibility Study [17].
Pacifica Silver Makes New High-Grade Discovery at Claudia with 3.53 g/t Au and 460 g/t Ag over 2.10 m from Justina Vein
TMX Newsfile· 2026-02-09 12:30
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica Silver" or the "Company") is pleased to announce assay results from 11 additional drill holes completed as part of its Phase I, 8,000-metre drill program at the 100% owned Claudia Silver-Gold Project ("Project") located in the historic El Papantón Mining District in Durango State, Mexico. Results include a new high-grade discovery in hole 25CLAUD59D, targeting the previously undril ...
Kutcho Copper Outlines District Scale Exploration Potential
TMX Newsfile· 2026-02-09 12:00
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Kutcho Copper Corp. (TSXV: KC) (OTCQX: KCCFF) ("Kutcho Copper" or the "Company") is pleased to highlight the VMS District scale exploration potential at its feasibility stage, high-grade copper-zinc development project (the "Project") located in Northwest British Columbia. Vince Sorace, President & CEO of Kutcho Copper stated: "As we are assessing our opportunities and finalizing objectives for the coming year, we have a clear initiative - ...
Emerita Intersects 9.2m Grading 1.4% Copper, 0.4% Lead, 1.3% Zinc, 0.41 g/t Gold and 21.48 g/t Silver at El Cura
Globenewswire· 2026-02-09 12:00
TORONTO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQX: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) reports results from ongoing drilling of El Cura deposit. El Cura is part of Emerita’s wholly owned Iberian Belt West project (“IBW” or the “Project”; Figure 1) which hosts three Volcanogenic Massive Sulfide (VMS) deposits: La Romanera, El Cura and La Infanta that are currently undergoing Prefeasibility Studies (the “PFS”) (see the Company’s press release dated December 3, 20 ...
Emerita Intersects 9.2m Grading 1.4% Copper, 0.4% Lead, 1.3% Zinc, 0.41 g/t Gold and 21.48 g/t Silver at El Cura
Globenewswire· 2026-02-09 12:00
TORONTO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQX: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) reports results from ongoing drilling of El Cura deposit. El Cura is part of Emerita’s wholly owned Iberian Belt West project (“IBW” or the “Project”; Figure 1) which hosts three Volcanogenic Massive Sulfide (VMS) deposits: La Romanera, El Cura and La Infanta that are currently undergoing Prefeasibility Studies (the “PFS”) (see the Company’s press release dated December 3, 20 ...
Azimut Confirms Significant Gold Discovery at Rosa, Wabamisk Property, James Bay, Québec
Globenewswire· 2026-02-09 11:30
Highlights include 3.26 g/t Au over 9.35 m within 28.90 m grading 1.29 g/t AuGold zone traced over 1.4 kilometres, open in all directionsFollow-up 2,000-metre drilling program underway to accelerate expansion LONGUEUIL, Québec, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) announces the complete results from its maiden diamond drilling campaign on the Rosa Zone (“Rosa”) at its wholly owned Wabamisk Property in the Eeyou Istchee James Bay reg ...
Armory Mining To Conduct a Series of Airborne Geophysics Surveys at the Ammo Gold-Antimony Project
Thenewswire· 2026-02-09 08:05
Core Viewpoint - Armory Mining Corp. is preparing to conduct airborne geophysics surveys at the Ammo antimony-gold project in Nova Scotia, Canada, which is crucial for defining drill targets and advancing exploration efforts [1][4]. Group 1: Survey Details - The airborne geophysics surveys will utilize efficient 50-meter flight lines to gather data on sulfide mineralization, sericite and potassic alteration, and uranium anomalies [2]. - The company plans to conduct a magnetic survey to assess geological characteristics, an electromagnetic survey to gather data on sulfide mineralization, and a radiometric survey to explore correlations with uranium anomalies [3]. Group 2: Project Background - Armory Mining Corp. holds a 100% interest in the Ammo project, which includes three contiguous mineral claims surrounding the historical West Gore antimony-gold mine, covering approximately 3,020 hectares [8][9]. - The geological setting of the Ammo project includes sericitic slates and arenites of the Halifax formation, with mineralization associated with quartz-carbonate veins and various sulfides [8].
Mustang Energy Corp. Recaps Milestones and Strategic Progress in 2025
Globenewswire· 2026-02-06 22:35
Core Insights - Mustang Energy Corp. has made significant advancements in its exploration and financing activities throughout 2025, positioning itself as a key player in the uranium and critical minerals sector in Canada [1] Exploration Advancement and Field Programs - The company initiated its first diamond drilling campaign at the Surprise Creek Uranium-Copper Project, targeting high-priority geophysical and structural zones [2] - A field prospecting and reconnaissance program was completed at the Cluff Lake area properties to evaluate priority target areas and enhance geological understanding [3] - Ground-based exploration programs were conducted across the broader project portfolio, including geological mapping and geophysical surveys, refining drill targeting [4] - Key exploration permits were secured for the 914W Uranium Project, allowing for expanded exploration and drilling activities [5] Portfolio Expansion and Strategic Property Acquisitions - Mustang acquired the Surprise Creek Uranium-Copper Project and Cluff Lake area properties, enhancing its presence in the Athabasca Basin [6] - The company staked the Onyx Uranium Project and Bridal Veil Copper-Silver Project, broadening its exposure to prospective terrains [6] - Additional claims were staked at the 914W Uranium Project in collaboration with Skyharbour Resources Ltd., increasing the project's footprint [6][7] Strategic Financing and Capital Raised - Throughout 2025, Mustang raised approximately $3.58 million through non-brokered private placements to support exploration and corporate development [8] Investor Engagement and Market Presence - The company enhanced its market presence through proactive investor communications and participation in industry forums, increasing visibility of its exploration strategy [9] Outlook for 2026 - Mustang plans to advance its high-priority properties and exploration targets through expanded drilling programs and further geophysical surveys in 2026 [10] Consulting Agreements - The company entered into consulting agreements with three parties to provide corporate advisory services, issuing 4,000,000 restricted share units as consideration [11]
Brixton Metals Defines New Exploration Targets at Thorn Through Geochemical Sampling
Globenewswire· 2026-02-06 12:30
Core Insights - Brixton Metals Corporation has announced the results from its regional prospecting soil and rock sampling program and remaining drill results from the 2025 field season at the Thorn Project, indicating significant exploration progress and potential for mineralization [1][3][5]. Exploration and Drilling Updates - The company identified multiple new exploration targets through geochemical sampling, including the Cirque East Target with assays returning up to 2.16% copper and 39 g/t silver, and the 95th South Target with high-grade silver mineralization yielding up to 642 g/t silver [5][7][13]. - Drilling activities in 2025 included 3,223 meters at Camp Creek, 6,272 meters at Trapper, 2,670 meters at Catalyst, and 601 meters at Tempest, with ongoing drilling expected to continue in 2026 [7][15][16]. - The Camp Creek Corridor hosts multiple centers of porphyry-style mineralization, with significant findings from the 2025 exploration season expanding the surface footprint of the Catalyst and Tempest Targets [8][9]. Corporate Developments - At the Annual General and Special Meeting on February 4, 2026, shareholders approved a ten for one share consolidation, resulting in a new post-consolidation share count of 71.3 million shares outstanding, aimed at enhancing share price appreciation [5][27][28]. - The company is actively drilling its Langis Silver Project and has commenced drilling at the Hog Heaven Project under an Earn-in Agreement with Ivanhoe Electric, as well as the Atlin Goldfields Project under an Option Agreement with Eldorado Gold [23][25]. Future Plans - Drilling at the Thorn Project is expected to commence in May 2026, with results to be released as they become available [22]. - The company anticipates that the current strong metals market and the simultaneous drilling of all four projects will provide greater opportunities for growth [5][27].