Mineral Resource Estimate
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Shareholder Update: GSP Resource Corp. Review of 2025 and Outlook for 2026
Thenewswire· 2026-01-13 12:00
Core Viewpoint - GSP Resource Corp. is positioned for substantial shareholder value creation in 2026, following a productive 2025 marked by significant exploration achievements and the completion of key acquisitions [2][4]. 2025 Year in Review Highlights - The company reported a maiden 43-101 Mineral Resource Estimate (MRE) technical report and consolidated 100% ownership of the Alwin Mine Copper-Silver-Gold Project [2]. - Notable drilling results included the discovery of a new high-grade gold zone with grades of 5.04 grams-per-tonne (g/t) gold and 1.01% copper over 7.90 meters [2]. - A significant geophysical program was completed, supporting the discovery of potential porphyry-style mineralization north of the Alwin deposit [2]. - The geologic reconnaissance program across the Alwin-Mer properties generated several new high-grade copper and precious metals targets [2]. Exploration Results - The 2025 NSAMT survey confirmed a deep conductive anomaly within the northern portion of the Alwin Property, located 1.5 km northwest of the Alwin Deposit, with dimensions of approximately 600 x 750 meters and resistivity of 500-1000 Ohm-m [3]. - The presence of a deeper untested conductivity anomaly is significant for exploring undiscovered porphyry-style mineralization [3]. - New targets identified included the high-grade silver-copper Apex target, with assays of 348 g/t silver and 11.9% copper [3]. Corporate Outlook for 2026 - The company plans to complete a substantial follow-up exploration program to support potential resource expansion and test additional targets across the Alwin-Mer properties [8]. - GSP aims to obtain final permits for drilling at the Mer Property and evaluate new opportunities to enhance shareholder value through global project acquisitions [8].
Nova’s RPM Valley Drilling Confirms Continuity of Mineralized System with High-Grade Intercepts and Remains Wide Open in Multiple Directions
Globenewswire· 2026-01-13 11:30
Core Insights - Nova Minerals Limited announced significant drill results from the RPM Valley deposit, highlighting multiple broad intercepts greater than 1 g/t Au, including a record intercept of 0.5 m at 364 g/t Au [1][4][7] Drill Results - The highest-grade intercept to date at RPM Valley is 0.5 m at 364 g/t Au from 101 m, with visible gold observed [7][9] - Broad gold intersections include: - 65 m at 3.6 g/t Au from 83 m, including 36 m at 5.5 g/t Au from 91 m - 155 m at 0.9 g/t Au from 71 m, including 94 m at 1.3 g/t Au from 126 m - 172 m at 0.8 g/t Au from 352 m, including 60 m at 1.2 g/t Au from 424 m [7][12][27] Mineralization Continuity - The results confirm the continuity of mineralization at RPM Valley, with mineralization remaining open in multiple directions and at depth [5][9] - The glacial till mineralized zone is at least 30 m thick, with a surface anomaly of approximately 1.7 km long and 200 m wide, indicating a priority target for further exploration [6][31] Future Plans - Nova plans to conduct follow-up work with improved sampling methods to better assess the glacial till and its potential for heap leach recovery [6][31] - Ongoing pre-feasibility studies include metallurgical test work and mining studies, with an updated Mineral Resource Estimate expected to incorporate results from the 2023-2025 drill programs [5][47] Project Overview - The Estelle Project, located in the Tintina Gold Belt, encompasses 514 km of mining claims and contains multiple advanced gold and antimony prospects, with significant historical gold endowment [48]
GT Resources Project Update for the Copper - Nickel - Palladium - Platinum ("PGE") LK Project, Finland
TMX Newsfile· 2026-01-13 11:30
Core Insights - GT Resources Inc. is advancing its Läntinen Koillismaa Copper-Nickel-Palladium-Platinum Project in Finland, focusing on an extensive assay infill and re-assay program to better define mineralization in the Kaukua Zone [2][4]. Group 1: Project Overview - The LK Project is the most advanced project of the company, featuring a NI 43-101 compliant resource estimate primarily consisting of palladium, platinum, and copper [3][4]. - The project is strategically positioned to supply critical minerals to the European Union, which heavily relies on imports for these resources [4]. Group 2: Assay Program Details - An extensive program has commenced to analyze over 5,000 samples from the Kaukua Zone, aimed at preparing for a potential resource update and preliminary economic assessment [2][5]. - The current infill and re-assay program focuses on historic drilling data from the Kaukua Zone, which did not sample 100% of the drill core, indicating potential for identifying additional resources [5][6]. Group 3: Resource Estimates - Indicated resources include 1.1 million ounces of total precious metals (TMP), 111 million pounds of copper, and 92 million pounds of nickel, contained in 38.2 million tonnes [7]. - Inferred resources are estimated at 1.1 million ounces of TMP, 173 million pounds of copper, and 152 million pounds of nickel, contained in 49.7 million tonnes [7]. Group 4: Expansion Potential - The 17-kilometer long Haukiaho trend presents significant near-term expansion potential, with historic drilling indicating the presence of platinum and palladium grades that were previously under-sampled [9].
Step-Out Drilling At McEwen’s Newly Acquired Tartan Mine Project Returns Meaningful Results Along Western Flank: 7.5 gpt Gold Over 18.9 Metres
Globenewswire· 2026-01-13 11:00
Core Insights - McEwen Inc. has announced final drill results for the Tartan Mine Project, which will be included in an upcoming Mineral Resource Estimate, expected by the end of February 2026, as the company aims to double production by 2030 [1][6] Exploration Results - Recent drill results from the Western Flank of the Tartan Mine Project include an intercept of 7.5 grams per tonne (gpt) gold over 18.9 metres, expanding gold mineralization beyond previous results [1][2] - Notable previous intercepts include 12.3 gpt gold over 14.0 metres and 8.2 gpt gold over 9.9 metres, indicating strong potential for further resource expansion [2][3] - The ongoing drilling aims to increase the number of ounces per vertical metre, which could enhance annual gold production and reduce costs [3] Resource Expansion - The strike length of the Main Zone has expanded from 100 metres near surface to approximately 150 metres at depth, with additional drill results showing 6.6 gpt gold over 7.0 metres and 4.9 gpt gold over 7.9 metres [3][4] - The company has budgeted $3 million for exploration at Tartan in 2026, with plans to increase this budget if strong results continue [4] Historical Context - The Tartan Mine, located in the Flin Flon Greenstone Belt, has a history of production starting in 1987, yielding approximately 47,000 ounces of gold before shutting down due to market conditions [5] - The last resource estimate in 2017 indicated 240,000 ounces of indicated resources at 6.32 gpt gold and 37,000 ounces of inferred resources at 4.89 gpt gold [5] Strategic Importance - Tartan is viewed as a high-grade gold project with significant growth potential, contributing to the company's goal of doubling production by 2030 [6] - The company aims to leverage existing mine infrastructure to keep capital costs low and develop the mine in phases [6]
Step-Out Drilling At McEwen's Newly Acquired Tartan Mine Project Returns Meaningful Results Along Western Flank: 7.5 gpt Gold Over 18.9 Metres
Globenewswire· 2026-01-13 11:00
Core Insights - McEwen Inc. has announced final drill results for the Tartan Mine Project, which will be included in an upcoming Mineral Resource Estimate, expected by the end of February 2026, as the company aims to double production by 2030 [1][6] Drill Results - Recent drill results include an intercept of 7.5 grams per tonne (gpt) gold over 18.9 metres, expanding gold mineralization along the Western Flank [1][2] - Previous notable results from late 2025 include 12.3 gpt gold over 14.0 metres and 8.2 gpt gold over 9.9 metres [2] - Additional drill results along the Western Flank returned 6.6 gpt gold over 7.0 metres and 4.9 gpt gold over 7.9 metres, expanding mineralization approximately 30 metres further to the west [3] Exploration and Investment - The company is budgeting $3 million for exploration at Tartan in 2026, with plans to increase this budget if strong results continue [4] - Exploration targets include the Eastern Flank of the Main Zone, depth within the Main Zone, the South Zone, and regionally along the Tartan Lake Shear Zone [4] - Since drilling resumed in 2023, 35 of the 39 drill holes (approximately 90%) have intersected potentially economic mineralization at the Main Zone [4] Historical Context - The Tartan Mine, located in the Flin Flon Greenstone Belt, began production in 1987 and produced approximately 47,000 ounces of gold before shutting down [5] - The last NI 43-101 resource estimate in 2017 indicated 240,000 ounces of indicated resources at 6.32 gpt gold and 37,000 ounces of inferred resources at 4.89 gpt gold [5] Strategic Importance - Tartan is viewed as a rare high-grade gold project in Canada with limited exploration from 1989 to 2023, and recent results are expected to drive growth [6] - The updated Mineral Resource Estimate and advancements in engineering and permitting are crucial for moving towards a production decision [6] - The company aims to leverage existing mine infrastructure and high-grade gold to keep capital costs low and develop the mine in phases [6]
Brunswick Announces Inferred Mineral Resource of 52.2 Mt Grading 1.08% Li2O on Globex’s 3% GMR Royalty Claims
Globenewswire· 2026-01-12 14:00
Core Insights - Brunswick Exploration Inc. has released its maiden lithium resource on Globex's Lac Escale Royalty claims, which is considered one of the largest undeveloped hard rock lithium resources in the Americas [1] Mineral Resource Estimate (MRE) Summary - The MRE indicates an inferred resource of 52.2 million tonnes at a grade of 1.08% Li2O and 131 ppm Ta2O5 at a cut-off grade of 0.5% Li2OEq, totaling over 550,000 tonnes of contained lithia [3][8] - Additional exploration targets suggest a potential of 40 million to 50 million tonnes grading between 0.80% and 1.10% Li2O and 120 ppm to 145 ppm Ta2O5, indicating significant growth opportunities [8] - The resource is confined to a core area measuring approximately 1.5 by 3.0 kilometers, with over 70% of the MRE contained within five dykes above a vertical depth of 150 meters from the surface [8] Exploration and Development Potential - The MRE was estimated after only 23,626 meters of drilling and 62 channel samples, which is significantly less than peer projects, suggesting room for further exploration and resource definition [8] - Metallurgical test work indicates the potential for a dense media separation processing flowsheet, producing high-quality concentrate [8] - Brunswick is planning its next drill campaign for the Mirage Project, focusing on continued exploration efforts in the core area and throughout the property [19]
Cassiar Gold hits jewelry box gold grades at Taurus - Richard Mills
Investorideas.com· 2026-01-09 19:30
Core Insights - Cassiar Gold has reported promising results from its 2025 exploration program at the Taurus deposit, indicating potential for mineralization expansion beyond the current resource model [3][6][27] Group 1: Drill Program Details - The 2025 drill program consisted of 7,308 meters across 20 drill holes, concluding in early October, with results pending for an additional 5,243 meters from 11 drill holes at the Newcoast prospect [5] - The reported results include nine drill holes totaling 2,066 meters, which tested the outer margins of the Taurus deposit, with step-outs ranging from 30 to 110 meters [6][9] - The program targeted recently identified quartz veins with higher-grade gold mineralization, successfully intersecting several higher-grade sample intervals [7][28] Group 2: Significant Drill Results - The highlight intercept from drill hole 25TA-245 included multiple quartz veins with visible gold, returning 13.4 meters of 13.4 g/t Au, with notable intervals of 56.10 g/t Au over 0.3 meters and 210.71 g/t Au over 0.8 meters [10][15] - The intercepts are located close to the surface, making them open-pittable, which is advantageous for future mining operations [17][21] - The current mineral resource estimate shows that 91% of the ounces occur within 150 meters of the surface, indicating a favorable mining scenario [20][21] Group 3: Resource Estimates and Potential - The updated mineral resource estimate for the Taurus deposit shows a significant increase from the previous estimate, with an indicated resource of 8.8 million tonnes at 1.43 g/t Au for 410,000 ounces and an inferred resource of 63.2 million tonnes at 0.95 g/t Au for 1.93 million ounces [23][25] - The mineralization at the Taurus deposit primarily consists of basalt-hosted low-sulfide gold-bearing veins, with various vein types contributing to the overall resource [26] - The Taurus deposit remains open in most directions, suggesting substantial potential for further resource expansion and additional discoveries through ongoing exploration [27][29] Group 4: Future Outlook - More results from the Taurus deposit are expected in the current quarter, along with metallurgy, and a preliminary economic assessment (PEA) is scheduled for release in Q2 [31] - The company is fully financed for its commitments, indicating readiness for continued exploration and development [31]
Omai Gold Grants Incentive Stock Options
TMX Newsfile· 2026-01-09 13:57
Core Viewpoint - Omai Gold Mines Corp. has granted incentive stock options to its Officers, Directors, employees, and consultants, allowing the purchase of up to 10,720,000 common shares at an exercise price of $1.44 per share, with a five-year term and specific vesting schedule [1] Company Overview - Omai Gold Mines Corp. is a Canadian gold exploration and development company focused on expanding its two orogenic gold deposits at the 100%-owned Omai Gold Project in Guyana, South America [3] - The Omai Gold Project is recognized as one of the fastest-growing gold camps in the Guiana Shield [3] - The company reported a 96% increase in the Wenot Gold Deposit's NI 43-101 Mineral Resource Estimate to 970,000 ounces of gold (Indicated) at an average grade of 1.46 g/t Au, and 3,717,000 ounces of gold (Inferred) at an average grade of 1.82 g/t Au [3] - The total global Mineral Resource Estimate at Omai, including the Wenot and Gilt Creek deposits, is now 2,121,000 ounces of gold (Indicated) at an average grade of 2.07 g/t Au, and 4,382,000 ounces of gold (Inferred) at an average grade of 1.95 g/t Au [3] - The Omai Gold Mine produced over 3.7 million ounces of gold from 1993 to 2005 before ceasing operations [3] Current Operations - Three drilling rigs are currently active on the property, focusing on optimizing the upcoming Preliminary Economic Assessment (PEA) and further testing the limits of the Wenot deposit [3] - Additional drilling is planned to explore known gold occurrences for potential near-surface higher-grade satellite deposits [3] - An updated Mineral Resource Estimate and PEA are scheduled for H1 2026 to include the expanded Wenot open pit deposit and the adjacent Gilt Creek underground deposit [3]
Granada Gold Mine Structural Interpretation Supports Additional Drill Targets
Thenewswire· 2026-01-08 15:10
Core Viewpoint - Granada Gold Mine Inc. is advancing its exploration and development efforts at the Granada Gold Property, with significant drilling completed and potential for further discoveries in the mineralized structure [1][8]. Geological Insights - The geological consultants have identified a higher structural complexity in the southern part of the property, indicating the need for further exploration of northwest- and northeast-trending faults [2]. - An updated geological map is recommended to integrate historical data and create a comprehensive structural framework for a 3D model [3]. Mineral Resource Estimate - As of August 22, 2022, the Granada deposit contains an updated mineral resource estimate of 543,000 ounces of gold in the Measured and Indicated category and 456,000 ounces in the Inferred category [5][7]. - The resource estimate is based on a base case cut-off grade of 0.55 g/t Au for pit-constrained resources and 2.5 g/t for underground resources [5]. Historical Context - The Granada Gold Property has a history of production, with over 50,000 ounces of gold extracted at an average grade of 10 g/t from the 1930s, and significant bulk samples taken in the 1990s [9][10]. - Historical underground grades ranged from 8 to 10 g/t Au, while open pit grades were between 3.5 to 5 g/t Au [9]. Current Operations - The company is currently conducting a large drill program, with 20,000 meters completed out of a planned 120,000 meters, and is pausing drilling to evaluate existing data and market conditions [8].
Omai Gold Provides 2025 Highlights and Outlook for 2026
TMX Newsfile· 2026-01-08 13:36
Core Insights - Omai Gold Mines Corp. achieved significant milestones in 2025, including a substantial increase in mineral resources and exploration success, setting the stage for continued growth in 2026 [1][2][3] 2025 Achievements - Approximately 39,000 meters of diamond drilling were completed, leading to a mid-year resource expansion at the Wenot deposit and exploration success at satellite targets [4][7] - The updated NI 43-101 mineral resource estimate (MRE) revealed 4.4 million ounces of inferred gold at an average grade of 1.95 g/t Au and 2.1 million ounces of indicated gold at 2.07 g/t Au, marking over a 50% increase since February 2024 [4][11] - The Wenot open pit gold deposit resources increased by 96%, adding 2.2 million ounces of inferred gold [4][19] - High-grade drill intercepts were consistently delivered, with notable results including 31.7 g/t Au over 7.5m and 28.04 g/t Au over 9.3m [4][7] Corporate Developments - The company completed two private placements, raising a total of C$65.3 million, which strengthened its financial position for future exploration and development [10][13] - Omai Gold's share price appreciated over 500% in 2025, making it a top performer in its peer group [2][17] Future Outlook - The company plans to deliver an updated MRE in Q1 2026 and a Preliminary Economic Assessment (PEA) in Q2 2026, which will incorporate the expanded mineral resource base and revised mine plans [6][15] - Continued drilling will focus on exploring the limits of the Wenot deposit and upgrading resources for a Pre-Feasibility or Feasibility Study [15][19] - Permitting activities are advancing, with an Environmental Impact Assessment application submitted and community consultations completed [12][10]