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Hayasa Metals Announces Initial Drill Results from Phase 2 Drill Program at Urasar Project
Newsfile· 2025-10-14 10:30
Hayasa Metals Announces Initial Drill Results from Phase 2 Drill Program at Urasar ProjectOctober 14, 2025 6:30 AM EDT | Source: Hayasa Metals Inc.Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OTCQB: HAYAF) ("Hayasa" or the "Company") is pleased to announce that it has received the first batch of geochemical results for drill holes UDD-010, 011, 012, 013, 014 and 016, from the Copper Creek, Golden Vein and Black River prospects at the Urasar ...
Panther Minerals Comments on Bullish Commodity Market, Highlights Enhanced Value Proposition of East Brouillan Property in Quebec
Thenewswire· 2025-10-14 04:20
Core Insights - The article highlights the favorable macroeconomic conditions for Panther Minerals Inc., driven by multi-year high prices in gold and base metals, which positively impacts the company's exploration strategy, particularly at the East Brouillan property in Quebec [1][2][4]. Industry Overview - Global commodity markets are experiencing a significant upward trend, with gold near all-time nominal highs and key base metals showing sustained strength due to persistent inflation, geopolitical uncertainty, and growing industrial demand for critical base metals [2]. - The current pricing environment validates the focus on exploration projects, enhancing project economics and financial leverage for companies like Panther Minerals [3][4]. Company Strategy - Panther Minerals is concentrating on the East Brouillan property, which is strategically located in the Abitibi Greenstone Belt, known for significant mineralization of gold, copper, zinc, and silver [3][5]. - The company believes that the current high metal prices make the prospect of a commercial discovery at East Brouillan more economically compelling than ever [4]. Project Details - The East Brouillan property consists of 14 claims covering approximately 778 hectares in a mineral-rich geological environment [5]. - The property is adjacent to significant historical mining sites, enhancing its exploration potential [3][8]. Financial Implications - Increased metal prices improve the Net Present Value (NPV) and Internal Rate of Return (IRR) of potential discoveries, making future development more attractive [7]. - Higher commodity prices can lower the economic cut-off grade, potentially increasing the size of economically recoverable resources [7]. Exploration Activities - The company is planning the next phase of fieldwork to capitalize on the favorable market conditions, including conducting geochemical and Induced Polarization (IP) surveys at identified target zones [4][19]. - Recent magnetic and VLF surveys have revealed several conductive anomalies, identifying three promising target zones for future exploration [14][19].
Mundoro Announces Option Agreement with BHP for Exploration Licences in Central Timok, Serbia
Newsfile· 2025-10-13 17:00
Core Viewpoint - Mundoro Capital Inc. has entered into a definitive option agreement with BHP Group Limited for exploration licenses in the Central Timok region of Serbia, focusing on copper porphyry systems [1][2][3] Agreement Details - The agreement allows BHP to earn a 100% interest in the BHP-Mundoro Central Timok Project over a 10-year period by funding cumulative exploration expenditures of up to US$ 35 million (C$ 48,877,500) [5][8] - BHP will make escalating annual option payments starting at US$ 323,000 (C$ 451,070), increasing by 2% per year [10] - Mundoro retains a 2% Net Smelter Return royalty upon the exercise of the option [8][10] Exploration Strategy - The collaboration combines Mundoro's local expertise with BHP's global geoscience capabilities to enhance exploration efforts in the Timok region [2][4] - The integrated approach aims to improve targeting capabilities and increase the likelihood of new mineral discoveries [4][3] Project Overview - The BHP-Mundoro Central Timok Project covers approximately 418 square kilometers within the Timok Magmatic Complex, known for its significant mineral deposits [10][11] - Previous investments in the project amount to C$ 15.4 million, with extensive geological surveys and drilling campaigns already completed [13] Target Areas - The project contains numerous targets, with advanced targets including the Skorusa Porphyry System and the Tilva Rosh Prospect, which have shown promising mineralization [14][15]
Bullion Gold Identifies Coarse, Irregular Gold Grains North of Langlade VMS Prospect (Cadillac-Extension Project), Launches Expanded Basal Till Sampling Program.
Newsfile· 2025-10-09 13:00
Bullion Gold Identifies Coarse, Irregular Gold Grains North of Langlade VMS Prospect (Cadillac-Extension Project), Launches Expanded Basal Till Sampling Program.October 09, 2025 9:00 AM EDT | Source: Bullion Gold Resources CorporationMontreal, Quebec--(Newsfile Corp. - October 9, 2025) - Bullion Gold Resources (TSXV: BGD) ("Bullion Gold" or "The Company") is pleased to announce encouraging preliminary results from a test basal till sample collected approximately 150 meters north of the known L ...
Pacific Empire Announces Closing of First Tranche of Financing, Mobilization of Crews to Trident, and Grant of Options
Newsfile· 2025-10-07 12:00
Core Viewpoint - Pacific Empire Minerals Corp. has successfully closed the first tranche of its non-brokered private placement, mobilized crews to the Trident copper-gold project, and granted stock options to key personnel, marking a significant step in advancing its exploration efforts [1][2][10]. Financing Details - The first tranche of the private placement raised gross proceeds of C$1,386,289.95, issuing 21,122,570 Hard Dollar Units and 16,175,000 Flow-Through Units [2][4]. - Hard Dollar Units were priced at C$0.035 each, while Flow-Through Units were priced at C$0.04 each. Each unit includes a common share and a purchase warrant with specific exercise prices and durations [3][5]. Use of Proceeds - Funds from the offering will be allocated to the 2025 diamond drill program at the Trident project and for general working capital [4]. Mobilization and Drilling Plans - Field crews have been mobilized to the Trident property, with drilling expected to commence around October 12, 2025. This program aims to explore previously undrilled porphyry and breccia targets [8][10][18]. - The 2025 drill program is considered a milestone, as it will test high-priority targets that have not been drilled despite over 50 years of exploration history [16][18]. Strategic Importance - The Trident drill program is timely, given the rising global demand for copper driven by electrification and electric vehicle adoption. The project is located in a mining-friendly jurisdiction, enhancing its exploration potential [17][18]. - The combination of historical mineralization, geophysical and geochemical anomalies, and newly permitted access to untested areas presents a unique opportunity for discovery [18]. Stock Options Granted - The company has granted a total of 7,700,000 stock options to officers, directors, and consultants, with an exercise price of C$0.05 per share for a period of five years [10]. Property Overview - The Trident property is an early exploration stage site with significant potential, located approximately 50 km from notable deposits and covering 6,618 hectares with established access [20][21].
QcX Gold to Conduct Prospecting and Soil Sampling on Fernet West Project, Quebec
Newsfile· 2025-10-07 11:00
QcX Gold to Conduct Prospecting and Soil Sampling on Fernet West Project, QuebecOctober 07, 2025 7:00 AM EDT | Source: QcX Gold CorpMontréal, Québec--(Newsfile Corp. - October 7, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is pleased to announce plans to conduct a prospecting and soil sampling program across the Fernet West project in the northern Abitibi region of Québec, Canada. The gold-focused field campaign will target structural and lithologi ...
Prospector Initiates Drilling on Devon Cu-Ni Project, Ontario
Newsfile· 2025-10-07 11:00
Core Insights - Prospector Metals Corp. has initiated its first drill program on the Devon Copper-Nickel Project in Northwestern Ontario, targeting high-priority areas identified through detailed 3D modeling and previous sampling results [1][2][13] - The project covers 15,347 hectares and is located 50 km southwest of Thunder Bay, Ontario, with road accessibility enhancing operational efficiency [4][11] Drilling Program Details - The diamond drill program will involve 1,000 meters of drilling across five targets at the Copper Hill Occurrence area, fully financed and expected to take approximately three weeks to complete [3][2] - The drilling targets were developed in-house and represent a low-cost, high-reward exploration opportunity, as these base metal targets have never been drilled before [2][4] Geological Context - The Devon Project area is characterized by numerous mafic-ultramafic intrusions, which are conducive to hosting disseminated to massive magmatic Ni-Cu sulfides with platinum group elements (PGEs) [4][13] - Recent surface sampling has confirmed the presence of mineralization, with assays showing up to 1.13% Cu, 0.53% Ni, and 3.54 g/t Pd+Pt, indicating potential for high tenor mineralization at depth [1][13] Analytical Methodology - The drilling will utilize NQ2 size core, with samples prepared and analyzed by AGAT Labs in Thunder Bay, following industry-standard QA/QC procedures [8][9] - Analytical methods include fire assay for precious metals and multi-element analysis for base metals, ensuring comprehensive evaluation of the mineralization [8][9]
Beauce Gold Fields To Extend Term Of Share Purchase Warrants
Thenewswire· 2025-10-06 21:30
October 6, 2025, Montreal, Quebec, Canada – TheNewswire - Beauce Gold Fields (Champs D’Or en Beauce) (TSX Venture: "BGF"), referred to as "BGF" or the "Company," announces that by resolution adopted on October 6, 2025, its Board of Directors has authorized the application to the TSX Venture Exchange (the “Exchange”) for approval of the extension, until October 20, 2027, of the exercise date of 3,000,000 outstanding common share purchase warrants (the “Warrants”) issued by the Company October 24, 2022.The 3 ...
Montero Secures Option to Acquire Highly Prospective Gold Projects in Chile's Maricunga Belt
Globenewswire· 2025-10-02 14:28
TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V: MON) (OTCPK: MXTRF) (“Montero” or the “Company”) is pleased to announce that Minera Joy SpA, a wholly owned subsidiary of Montero, has entered into two option agreements (the “Agreements”) to acquire a 100% interest in each of the Elvira Gold Project (“Elvira”) and the Potrero Gold Project (“Potrero”) (together the “Projects”) located in Chile’s Maricunga Belt, a recognized mining district hosting Kinross’ La Coipa mine, ...
Integral Metals Corp. Provides Comprehensive Analysis of Soil Geochemical Survey at the KAP Project
Globenewswire· 2025-10-01 12:00
Core Insights - Integral Metals Corp. has completed its 2025 soil geochemistry survey at the KAP Project, revealing significant geochemical anomalies that will guide future exploration efforts [1][4]. Group 1: Survey Details - A total of 2,164 soil samples were collected, with 2,040 being B-horizon soils, which are optimal for detecting geochemical variations [2]. - The analytical work was conducted using advanced methods, including four-acid digestion and ICP-MS, to analyze a broad suite of elements such as zinc, lead, cadmium, thallium, barium, and strontium [2]. - Quality assurance protocols included 174 field duplicates and 117 certified reference materials, ensuring the reliability of the results [2]. Group 2: Anomaly Findings - Out of the 2,040 B-horizon samples, 818 samples exhibited two or more anomalies, with scores ranging from 2 to 11 [3]. - Notably, two samples achieved the maximum score of 11, while 128 samples (6.3%) recorded scores of 7 or higher, indicating concentrated areas of interest near the Main Showing [3]. Group 3: Future Exploration Plans - The company plans to integrate the soil geochemical dataset with existing geological mapping, drilling, and geophysical surveys to identify and prioritize drill targets [5]. - The focus will be on zones where high anomaly scores coincide with structural features, enhancing the potential for successful exploration [5].