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Aftermath Silver Files Technical Report
TMX Newsfile· 2026-01-16 20:32
Core Viewpoint - Aftermath Silver Ltd. has filed a technical report on the Berenguela silver-copper-manganese deposit in Peru, presenting a new Mineral Resource Estimate and outlining plans for further engineering work aimed at completing a preliminary feasibility study in 2026 [1][2]. Mineral Resource Estimate - The Berenguela Technical Report includes a Mineral Resource Estimate as of November 30, 2025, detailing the following classifications: - Measured: 8.49 million tonnes (Mt) with silver (Ag) grade of 101 g/t, copper (Cu) grade of 0.76%, and manganese (Mn) grade of 7.7% [4][6]. - Indicated: 43.06 Mt with Ag grade of 68.5 g/t, Cu grade of 0.33%, and Mn grade of 8.3% [4][6]. - Measured and Indicated combined: 51.55 Mt with Ag grade of 73.9 g/t, Cu grade of 0.33%, and Mn grade of 7.2% [4][6]. - Inferred: 14.33 Mt with Ag grade of 47.6 g/t, Cu grade of 0.25%, and Mn grade of 22.0% [4][6]. Economic Assumptions - The Mineral Resource estimate is based on a cut-off grade of $137.40 NSR, with the following long-term metal prices: - Silver: $29.73/oz - High-purity manganese sulphate (HPMSM): $2,592/t - Copper: $4.34/lb - Zinc: $1.21/lb [7][9]. - Metallurgical recoveries are estimated at 94% for Ag, 85% for Mn, 90% for Cu, and 85% for Zn [9]. Project Development Plans - The company is initiating advanced engineering work focused on commercializing flowsheets for the recovery of silver, copper, and zinc, as well as potential manganese products, including battery-grade manganese sulphate [2][3]. Company Overview - Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver, aiming to create shareholder value through the discovery and development of quality silver projects in stable jurisdictions [14]. The company holds a 100% interest in the Berenguela project located in southern Peru [14].
Trinity One Metals Enters into Agreement to Acquire "Silver-1" Historic High Grade Silver Mine in Southern Ecuador
TMX Newsfile· 2026-01-15 13:42
Core Viewpoint - Trinity One Metals Ltd. has entered into an agreement to acquire 100% of the shares of 1560287 B.C. Ltd., which owns Ecuador Gold S.A. and the Silver-1 Mine project, a past producing high-grade silver asset [1][2][3] Group 1: Transaction Details - The total consideration for the acquisition includes US$540,000 in cash and 5,000,000 common shares of Trinity One [19] - The cash payment is structured with specific timelines: US$90,000 at closing, US$50,000 after 6 months, US$200,000 after 13 months, and US$200,000 after 18 months [19] - The transaction is subject to final acceptance by the TSX Venture Exchange and is classified as a non-arm's length transaction [20] Group 2: Project Overview - The Silver-1 Mine concession spans approximately 3,108 hectares in Azuay Province, Ecuador, located about 20 kilometers southeast of Cuenca [4] - The mine features a high-grade silver system with multiple pathways for verification and expansion, and the company plans to verify historical data to advance toward a current mineral resource estimate [2][3] Group 3: Historical Context - The Silver-1 Mine was initially discovered in 1966, with significant exploration and mining activities conducted between 1969 and 1994, including drilling and small-scale mining [6][9] - Historical estimates suggest a potential quantity of approximately 200,000 to 700,000 tonnes grading between 15 and 25 oz/tonne silver, but these figures are treated as exploration targets due to insufficient verification [11][18] Group 4: Future Plans - The company aims to systematically verify historical data and advance the project responsibly, focusing on confirming the mineral resource in accordance with National Instrument 43-101 [3][21] - The company will also address outstanding governmental and administrative obligations related to the Silver-1 Mine concession [21]
Omai Gold Drills High-Grade Zones at Wenot: 11.48 g/t Au over 10.2m, 23.79 g/t Au over 3.8m and 4.79 g/t Au over 14.5m
TMX Newsfile· 2026-01-15 12:01
Core Insights - Omai Gold Mines Corp. announced positive assay results from eight additional drill holes at its 100% owned Omai Gold Project in Guyana, highlighting significant gold mineralization, particularly in hole 25ODD-150 which intersected 11.48 g/t Au over 10.2m [1][4][21] - The 2025 drilling program included a total of 79 diamond drill holes totaling 35,300 meters, with ongoing drilling aimed at expanding resources and updating the Mineral Resource Estimate (MRE) [2][21] Drilling Results - Hole 25ODD-150 reported multiple high-grade intersections, including 28.54 g/t Au over 4.0m and 10.65 g/t Au over 9.0m, indicating strong mineralization in the volcanic sequence [4][8] - Other notable results include hole 25ODD-145 which intersected 4.79 g/t Au over 14.5m and hole 25ODD-149 with 2.28 g/t Au over 19.7m, showcasing the continuity of gold zones [3][5][7] Future Plans - The company plans to continue drilling at Wenot to further explore high-grade zones and upgrade the large Inferred MRE to Indicated status, with an updated MRE expected in Q1 2026 [2][21] - Additional drilling will focus on known gold occurrences for potential near-surface higher-grade satellite deposits, with a new PEA planned for H1 2026 [21] Resource Estimates - The August 2025 MRE indicated a 96% increase in the Wenot Gold Deposit to 970,000 ounces of gold (Indicated) averaging 1.46 g/t Au, with a total global MRE of 2,121,000 ounces of gold (Indicated) averaging 2.07 g/t Au [21][22]
Scorpio Gold Announces Option of Betty East Property, Extending Claim Package at Manhattan District, Nevada
TMX Newsfile· 2026-01-15 11:00
Core Viewpoint - Scorpio Gold Corporation has entered into a property option agreement to acquire a 100% interest in the Betty East Property, enhancing its exploration footprint in the Manhattan District of Nevada [1][6]. Property Details - The Betty East Property consists of thirty-two unpatented lode mining claims located in Nye County, Nevada [1]. - Historical exploration has been limited, with Nevada Goldfields Inc. conducting shallow drilling in the early 1990s, identifying near-surface gold mineralization [2]. - Recent work by Sierra Grande Minerals Inc. included a soil geochemical survey that revealed high gold soil results, with values of 6.27, 5.06, 1.19, and 0.69 g/t Au [3]. - Additional sampling outlined a broad zone with elevated levels of As, Hg, Ag, Sb, Mo, and locally elevated Au, extending over 1.5 km in length and up to 1 km in width [4]. Geological Context - The Property is geologically contiguous with the southern portion of the Manhattan District, suggesting potential for both shallow oxide mineralization and deeper mineralized systems [5]. - Scorpio Gold has staked additional claims to consolidate land coverage, enhancing exploration capabilities across the district [5][6]. Agreement Terms - The option agreement requires staged cash and share payments totaling USD$900,000 and 950,000 common shares, along with USD$1,000,000 in exploration expenditures over five years [7][9]. - Payments are structured in stages, with initial payments of USD$30,000 and 100,000 shares due within five days of the agreement's effective date [9]. - Upon exercising the option, the Optionor will receive a 2% net smelter returns royalty, with the Company retaining the right to buy back half of this royalty [10]. Historical Context - The Manhattan District has historically produced approximately 700,000 ounces of gold, with significant past-producing mines now consolidated under Scorpio Gold [12]. - The maiden mineral resource estimate indicates 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [12].
Doubleview Confirms Metal Recoveries for Upcoming Mineral Resource Estimate and Preliminary Economic Assessment
TMX Newsfile· 2026-01-14 13:45
Core Viewpoint - Doubleview Gold Corp. has successfully finalized key metallurgical recovery data for its Hat Polymetallic Deposit, which supports the upcoming updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) [1][4]. Metallurgical Recovery Data - The two-year metallurgical testing program has confirmed viable recoveries for multiple metals, with the following overall recoveries: - Copper (Cu): 85% - Gold (Au): 89% - Silver (Ag): 68% - Cobalt (Co): 78% - Scandium (Sc): 75% [2][3] - Notable breakthroughs include the recovery of high-grade scandium oxide (Sc₂O₃) from copper porphyry flotation tailings, indicating strong technical viability [3]. MRE and PEA Updates - The updated MRE and PEA will incorporate new metallurgical data and expanded drilling results from the 2025 field season, which included over 13,000 meters of drilling [4]. - Preparations for the 2026 field season are underway, with plans for continued exploration and resource enhancement at the Hat Project [4]. Leadership and Expertise - Farshad Shirvani, President and CEO, emphasized the significance of the metallurgical recoveries for the Hat Project and the potential for critical metals like scandium [5]. - Andrew Carter, the metallurgical program leader, has over 45 years of experience in extractive metallurgy and is recognized as a Qualified Person under National Instrument 43-101 [5][7]. Company Commitment - Doubleview is dedicated to the responsible development of its strategic asset, contributing to North America's supply of critical and electrification-enabling metals [6]. Company Overview - Doubleview Gold Corp. is a mineral resource exploration and development company based in Vancouver, focusing on precious and base metal projects across North America, particularly in British Columbia [9]. - The company aims to enhance shareholder value through the acquisition and exploration of high-quality projects involving gold, copper, cobalt, scandium, and silver [9]. Hat Polymetallic Deposit Details - The Hat Deposit is a significant polymetallic porphyry project with major resources of copper, gold, cobalt, and potential for scandium [11]. - The resource estimate includes: - Indicated: 150 million tonnes at 0.408% CuEq - Inferred: 477 million tonnes at 0.344% CuEq - Scandium potential is estimated at 300 to 500 million tonnes with an average grade of 40 ppm (0.004%) Sc₂O₃ [11].
CRITICAL METALS CORP. NASDAQ–CRML Announces Another Series of Outstanding Drilling Results Achieving Additional High-Grade Results Across Its Tanbreez Asset from the 2025 Drilling Campaign
Globenewswire· 2026-01-14 13:30
Core Viewpoint - Critical Metals Corp has announced the first assay results from its 2025 drilling program at the Tanbreez Rare Earths Project in Greenland, confirming consistent rare earth grades and the presence of strategic metals, which reinforces the project's global significance in the rare earth sector [1][3][11]. Drilling Program Overview - The 2025 drilling campaign aimed to extend known mineralization and refine the geological model, with results expected to support a revised Mineral Resource Estimate and advance mine planning studies [2][17]. - A total of 20 diamond drill holes were completed in 2025, totaling 3,430 meters, which included both vertical and angled holes designed to intersect mineralized layers [19][20]. Assay Results Highlights - The assay results indicate Total Rare Earth Oxide (TREO+Y) grades ranging from 0.35% to 0.77%, with heavy rare earth oxides (HREO) comprising approximately 25–29% of TREO+Y [25][30]. - Key results from specific drill holes include: - 25-D01: 24m @ 0.48% TREO+Y (25.9% HREO) from 0m [4] - 25-D02: 187m @ 0.48% TREO+Y (25.0% HREO) from 0m [4] - 25-D05: 158m @ 0.42% TREO+Y (25.0% HREO) from 7m [5] - 25-D09: 71m @ 0.37% TREO+Y (23.3% HREO) from 34m [9] Strategic Metals Presence - The drilling results highlight the presence of strategic metals such as gallium, hafnium, cerium, and yttrium, which support the project's multi-commodity potential [3][15]. - Gallium oxide levels were reported at approximately 100 ppm, hafnium oxide at around 350 ppm, and cerium oxide at about 1,630 ppm [15][30]. Resource Growth Potential - The results indicate potential for further resource growth, with mineralization confirmed to occur consistently close to the surface and demonstrating strong lateral and vertical continuity [15][30]. - The mineralized area extends from drill hole K-24 northeast for at least 1.0 km, with a depth of more than 200 meters above the Fjord Deposit [15][11]. Next Steps - The company is awaiting additional assay results from the 2025 drilling season and plans to incorporate this data into the planning stage for the 2026 field season [28].
Silverco Files Updated Mineral Resource Report on the Cusi Project
TMX Newsfile· 2026-01-14 13:30
Core Viewpoint - Silverco Mining Ltd. has filed an independent technical report for the Cusi Ag-Au-Pb-Zn Project in Mexico, detailing the mineral resource estimate as of October 20, 2025, with no material differences from previous disclosures [1][2]. Mineral Resource Estimate - The Cusi Project's underground mineral resource estimate includes: - Combined Measured and Indicated Resources: 4.89 million tonnes (Mt) grading 206 grams per tonne (g/t) silver, 0.15 g/t gold, 0.73% lead, and 0.86% zinc, equivalent to 262 g/t AgEq [5]. - Measured Resources: 0.69 Mt with 6.1 million ounces (Moz) of silver, 1.8 thousand ounces (koz) of gold, 5.6 million pounds (Mlbs) of lead, and 6.3 Mlbs of zinc [3][5]. - Indicated Resources: 4.21 Mt with 26.3 Moz of silver, 22.2 koz of gold, 72.7 Mlbs of lead, and 86.5 Mlbs of zinc [5]. - Inferred Resources: 4.07 Mt grading 172 g/t silver, 0.17 g/t gold, 0.89% lead, and 1.20% zinc, totaling 31.7 Moz of AgEq [5]. Technical Report Details - The technical report was prepared by SGS Geological Services and is available on SEDAR+ and the company's website [2]. - The report was peer-reviewed and classified according to the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves [6]. Project Background - The Cusi Project spans 11,665 hectares and is located in the Sierra Madre Occidental gold-silver belt, featuring existing infrastructure such as a 1,200 ton per day mill [9][10]. - The property has a history of production and hosts multiple significant exploration targets [11].
Trident Resources Corp. Announces Filing of Updated MRE Technical Report for Its La Ronge Gold Belt Properties
Globenewswire· 2026-01-14 13:00
Core Viewpoint - Trident Resources Corp. has filed an updated Mineral Resource Estimate (MRE) Technical Report for its La Ronge Gold Belt gold deposits, indicating significant growth in gold resources and improved classification confidence across multiple deposits [1][2][3]. Mineral Resource Estimate Details - The updated MRE includes estimates for the Preview SW, Preview North, North Lake, and Greywacke deposits, with an effective date of November 6, 2025 [2]. - The report was prepared by Bird Resource Consulting Corp. and incorporates historical drilling results and updated geological interpretations [3]. Highlights of the MRE - The total in situ tonnage and grade for the deposits are as follows: - **Indicated Resources**: - North Lake: 16,410 ktonnes at 0.890 gpt, 469.7 kOz (20% increase) - Preview SW: 6,369 ktonnes at 1.537 gpt, 314.7 kOz (15% increase) - Preview North: 933 ktonnes at 1.359 gpt, 40.8 kOz (not applicable) - Greywacke: 1,021 ktonnes at 2.174 gpt, 71.4 kOz (24% decrease) - **Total**: 24,733 ktonnes at 1.127 gpt, 896.5 kOz (18% increase) [5]. - **Inferred Resources**: - North Lake: 20,666 ktonnes at 0.724 gpt, 481.3 kOz (407% increase) - Preview SW: 14,831 ktonnes at 1.115 gpt, 531.9 kOz (102% increase) - Preview North: 366 ktonnes at 0.628 gpt, 7.4 kOz (75% decrease) - Greywacke: 2,732 ktonnes at 1.242 gpt, 109.1 kOz (4821% increase) - **Total**: 38,595 ktonnes at 0.910 gpt, 1,129.6 kOz (190% increase) [5]. Economic Assumptions - The MRE was calculated using a gold price of US$2,600 per ounce, significantly higher than the previous estimate of US$1,500 to US$1,700 per ounce [7]. - The report includes various economic assumptions such as mining costs, processing costs, and metallurgical recoveries [15]. Future Plans - The company has completed fall drilling on the Contact Lake Project, with significant results reported, and plans to commence a fully funded winter drilling program of at least 10,000 meters [7][11].
SAGA Metals Mobilizes for Drilling at Radar Critical Minerals Project Targeting Completion of Maiden Mineral Resource Estimate
Globenewswire· 2026-01-13 12:30
Core Viewpoint - SAGA Metals Corp. has mobilized its exploration team and equipment for a major diamond drill program at the Radar Titanium-Vanadium-Iron Project in southeastern Labrador, aiming for a maiden Mineral Resource Estimate [1][4]. Exploration Program Details - Drilling is set to commence on January 16, 2026, focusing initially on the southern section of the Trapper Zone, known as "Trapper South," with plans for approximately 30 holes totaling 7,500 meters [2][4]. - The drilling strategy includes holes spaced 100 meters apart, drilled at a 45° dip, with an average depth of around 150 meters to enhance confidence in the mineral resource model [7][8]. Drilling Highlights - Initial assays from the 2025 drilling program showed significant results, including: - R-0008: 269.36 m @ 36.21% Fe₂O₃, 6.57% TiO₂, 0.244% V₂O₅ - R-0009: 296.47 m @ 39.75% Fe₂O₃, 7.46% TiO₂, 0.25% V₂O₅ - 46.2% of samples > 7% TiO₂ and 23.2% of samples > 10% TiO₂ [8]. - The drilling program has shown a step-change in metrics from Trapper North to Hawkeye, with Fe₂O₃ increasing by 124%, TiO₂ by 105.9%, and V₂O₅ by 36.9% [8]. Structural Insights - The drilling on Section S-11 has provided critical structural information, confirming multiple instances of reverse faults and enhancing understanding of the Trapper South anomaly's geometry [10][15]. - The analysis indicates that two anomalies (East and West) were initially connected but have been separated by geological processes [10]. Property Overview - The Radar Property spans 24,175 hectares and includes the Dykes River intrusive complex, with confirmed oxide layering over more than 20 km of strike length [17][21]. - The project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [21][29]. Corporate Update - The company has entered into a debt settlement agreement to settle $178,750 in outstanding debt through the issuance of 275,000 common shares at a deemed price of $0.65 per share, aimed at preserving cash for exploration activities [24][25].
AbraSilver Commences Phase VI Drill Program at Diablillos and Reports Assay Results
TMX Newsfile· 2026-01-13 12:30
Core Viewpoint - AbraSilver Resource Corp. has initiated the Phase VI diamond drilling program at its Diablillos project in Argentina, following the successful completion of Phase V drilling, which will contribute to an updated Mineral Resource estimate for the upcoming Definitive Feasibility Study [1][3][6]. Phase VI Drill Program Highlights - The Phase VI program will consist of approximately 15,000 meters of drilling across about 50 diamond drill holes, with two drill rigs currently active [4][6]. - The program aims to expand and upgrade Mineral Resources within and beyond existing conceptual open pit limits, focusing on high-priority targets such as Oculto East, Oculto Northeast, and Cerro Bayo [5][6]. Phase V Drill Results - Recent results from the Phase V drill program at JAC confirm the presence of silver mineralization at the periphery of the deposit, with notable intervals reported [9][10]. - The latest drill results include significant intercepts, such as 31 meters at 45 g/t Ag and 28 meters at 49 g/t Ag, indicating strong continuity of mineralization [10]. Mineral Resource Estimate - The most recent Mineral Resource estimate for Diablillos, as of July 21, 2025, includes 73.1 million tonnes grading 79 g/t Ag and 0.66 g/t Au, with a total of approximately 186 million ounces of silver and 1.6 million ounces of gold [18][22]. - The resource is categorized into Measured, Indicated, and Inferred categories, with significant potential for further growth based on ongoing exploration [18][22]. Exploration Focus - The Phase VI drilling will also evaluate the Condoryacu target, a new exploration area approximately 3 km south of the Oculto open pit, which has not been previously drill-tested [7][8]. - Additional drilling is planned for JAC, Sombra, and Fantasma to assess extensions of known mineralization and continuity between deposits, supporting long-term exploration upside [8][6].