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Power Metallic Intercepts 4.40 Meters of 12.18% Cu (14.34% CuEqRec) included within 20.40 Meters of 2.91% Cu (3.58% CuEqRec) in Hole 25-029b at Lion, and Completes the Extension of PN-24-064 to define large off-hole BHEM anomaly
Prnewswire· 2025-12-02 08:00
Core Viewpoint - Power Metallic Mines Inc. has reported positive results from its summer drilling program, indicating significant mineralization extensions in the Lion Zone and outlining future exploration objectives for the fall and winter seasons [1][5][20]. Summer Drilling Results - The summer drilling program focused on extending the Lion Zone and infilling to define the zone geometry for future mineral resource estimates. High-grade intersections were reported, including 4.40m at 14.34% CuEqRec in hole PML-25-029b and 1.59m at 27.92% CuEqRec in hole PML-25-025 [2][3][5]. - The drilling confirmed the grade of the Lion zone and increased the size of the interpreted high-grade lodes [2]. Nisk East Drilling - Drilling at the Nisk East target revealed modest intersections of Ni-Cu-Pd mineralization, with hole PMN-25-005 reporting 4.00m of 2.34% CuEqRec. The area is being reassessed following recent land acquisitions [6][7]. Future Exploration Plans - The company plans to target three strategic areas for further exploration, including the Deep Tiger anomaly and the Hydro Lands, with drilling expected to commence in 2026 [5][6]. - The exploration team is optimistic about the potential for new discoveries and is well-funded for upcoming work programs [6]. Geological Insights - The Deep Tiger target is based on reinterpretation of previous drilling, suggesting the presence of massive Ni-Cu sulphides in tonalitic intrusions. Recent surface mapping supports this hypothesis [8][14]. - The company is currently assessing logistical options for drilling into a significant off-hole anomaly identified in previous surveys [15]. Company Overview - Power Metallic is focused on advancing the Nisk Project Area, which includes high-grade Copper-PGE, Nickel, gold, and silver systems, aiming to develop Canada's next polymetallic mine [20][21]. - The company has expanded its land holdings significantly, now controlling approximately 212.86 km² of prospective basin margins [21].
Pan American Silver Provides 2025 Year End Exploration Update
Businesswire· 2025-12-01 22:03
Core Insights - Pan American Silver Corp. has provided an exploration update for 2025, highlighting significant advancements in its long-term exploration strategy aimed at replacing and growing mineral resources across several key operations [2][3][4]. Exploration Highlights - **Jacobina Mine**: Exploration focused on the Maricota zone has confirmed the potential to expand inferred gold resources, with notable drill results including 8.97m at 5.67 g/t Au, extending resources approximately 300m down dip and along strike [3][8]. - **El Peñon Mine**: Increased exploration has confirmed and extended mineralization in core mine structures and satellite deposits, with significant results such as 1.40m at 31.20 g/t Au and 81 g/t Ag [3][9]. - **La Colorada Mine**: Infill and exploration drilling have expanded the estimated 52.7 million ounces of inferred silver mineral resources, with notable results including 15.7m at 201 g/t Ag [4][11]. - **Timmins Projects**: Drilling at Whitney and Vogel has indicated mineral resource potential, with significant intercepts including 1.15m at 399.43 g/t Au [6][15]. - **Huaron Mine**: Drilling has extended mineral resources with significant results such as 1.57m at 627 g/t Ag and 15.46% Pb [12][14]. - **Minera Florida**: Infill and exploration drilling have confirmed the continuity of mineralization, with highlights including 1.06m at 20.19 g/t Au [16][19]. - **Cerro Moro**: Shallow exploration and infill drilling at the Naty Condor discovery have yielded notable results, including 17.95m at 13.51 g/t Au and 228 g/t Ag [20][21]. Drilling Statistics - For the period from November 2024 to October 2025, a total of 540,000 metres of drilling is planned, with 333,830 metres already completed, representing 70% of the total [2][7]. - The exploration program emphasizes near-mine exploration and resource conversion across the company's portfolio of operating mines [2][3]. Future Prospects - The company aims to continue expanding its mineral resources through ongoing exploration efforts, particularly in areas with confirmed geological continuity and high-grade potential [2][4][8]. - New target areas have been identified, such as Lagartixa and Canavieiras Extension, which hold significant potential for adding new mineral resources [7][8].
Emerita Announces Airborne Mag-EM Geophysical Survey Over Western Spanish Pyrite Belt
Globenewswire· 2025-12-01 12:00
Core Viewpoint - Emerita Resources Corp. is set to conduct a 1,536 km Helicopter time-domain electromagnetic and magnetic (HTEM) survey over the Iberian Belt West (IBW) project and the adjacent San Antonio exploration project starting December 2025, aiming to enhance exploration efforts and identify new resource opportunities [1][2]. Program Details and Strategy - The HTEM survey will utilize helicopter-mounted sensors to measure electrical and magnetic properties of rocks up to approximately 500 meters below the surface, with flight lines spaced at 100 meters apart [2][5]. - Xcalibur Smart Mapping has been selected to conduct the survey, with Intelligent Exploration of Canada overseeing quality assurance and interpretation of results [2][5]. - The survey will cover known deposits (La Romanera, El Cura, La Infanta) and areas with potential for new resource discoveries, allowing for comparison of signals from well-studied deposits with less explored areas [4][5]. Timeline and Expectations - The acquisition phase of the HTEM survey is expected to be completed by the end of December 2025, subject to weather conditions, with processed data deliverables anticipated in January 2026 [6]. - Review and interpretation of the data will commence between January and February 2026 [6]. Company Overview - Emerita Resources Corp. focuses on the acquisition, exploration, and development of mineral properties in Europe, particularly in Spain, with its corporate office located in Sevilla and an administrative office in Toronto [9].
Quimbaya Gold Confirms Discovery of Two Mineralized Vein Structures at Tahami South, Colombia
Newsfile· 2025-12-01 07:45
Core Insights - Quimbaya Gold Inc. has confirmed the discovery of two new mineralized vein systems at its Tahami South Project in Colombia, indicating a significant mineralized system in a productive gold district [1][3][7] Exploration Results - The ongoing drill program at Tahami South has intersected mineralization in 8 out of 9 drill holes, demonstrating strong structural continuity and targeting accuracy [5][8] - The identified vein systems include Vein S and Vein V, which are consistent with regional quartz vein systems [2][7] - The mineralization consists of quartz, barite, carbonate veining, and a sulphide assemblage including pyrite, chalcopyrite, galena, and sphalerite [5] Strategic Implications - The discovery validates Quimbaya's exploration thesis that district-scale mineralized structures extend beyond known mines into underexplored areas [7][8] - The company has extended its drilling program beyond the initial scope due to encouraging early results, with over 4,000 meters drilled to date [5][8] Financial Position - In the second half of 2025, Quimbaya issued 2,169,164 common shares through the exercise of stock options and warrants, raising gross proceeds of C$874,665, which strengthens the company's treasury for a fully funded 2026 drill campaign [18] - The company has also granted 614,034 Restricted Share Units (RSUs) to senior management and board members to align long-term performance with shareholder value [19]
RETRANSMISSION: Core Silver Releases First Visuals From Drilling at the Laverdiere Copper Project
Accessnewswire· 2025-11-28 13:30
VANCOUVER, BC / ACCESS Newswire / November 28, 2025 / Core Silver Corp. ("Core Silver" or the "Company") (CSE:CC)(FSE:8ZR)(OTCQB:CCOOF) is pleased to provide visuals showcasing representative porphyry copper-molybdenum-silver (Cu-Mo-Ag) mineralization intersected in drill hole LAV25-010, the first of four deep exploratory diamond drill holes completed during the 2025 season at the Laverdiere Copper Project (the "Project" or "Laverdiere"), located on the eastern Blue Property (the "Property") in the Atlin Mi ...
Forge Resources Reports Remaining Assays Still Pending from Phase 2 of 2025 Drill Program
Newsfile· 2025-11-28 13:30
Forge Resources Reports Remaining Assays Still Pending from Phase 2 of 2025 Drill ProgramNovember 28, 2025 8:30 AM EST | Source: Forge Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - November 28, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company"), reports that remaining assay results from ALT-25-012 and 3 subsequent drill holes (ALT-25-013 to ALT-25-015) are still pending. The Company notes that heavy seasonal sample volumes have resulted ...
$1.6M raise fuels Askari's gold-copper push
Proactiveinvestors NA· 2025-11-28 07:16
Core Insights - Askari Metals Ltd has acquired full ownership of Hong Kong Xingxu Mining International Investment, gaining complete rights to the Nejo Gold and Copper Project in Ethiopia [1][9] - The project consists of three licenses valid until March 2028, providing a multi-year window for exploration and feasibility work [2][9] - A recent AUD 1.6 million capital raise through a rights issue demonstrates shareholder alignment with the company's exploration strategy, with most funds directed towards Nejo [3][11] Project Development - The acquisition allows Askari Metals unencumbered access to explore and conduct activities in Ethiopia, supporting its broader African exploration strategy [10][9] - Initial exploration activities commenced approximately two and a half weeks ago, focusing on community engagement and preparation for the maiden drilling campaign [5][14] - The company is digitizing historical exploration data to enhance drill targeting and inform program design, with plans extending into 2026 [6][15] Funding and Exploration Plans - The capital raise enables the company to run multiple workstreams simultaneously, including an initial diamond drilling campaign, infill and extensional trenching, and aerial geophysical surveys [4][12] - In addition to Nejo, Askari plans to recommence exploration at the Oelsner Project, targeting tin, tantalum, and rubidium, which will support ongoing news flow [7][13] - The company emphasizes the importance of community support and historical data access in preparing for the exploration campaign [5][15]
Stakeholder Completes Ballarat Claim Filings for 2025
Newsfile· 2025-11-27 14:00
Core Viewpoint - Stakeholder Gold Corporation has successfully filed assessments for 461 mining claims in the White Gold District of Yukon, Canada, extending the claim registration for an additional four years, with new expiry dates ranging from October 13, 2028, to April 13, 2036 [1][2][4]. Group 1: Claim Renewal and Exploration Strategy - The renewal of these claims is a crucial part of Stakeholder's long-term exploration strategy in the White Gold District, where the company holds a total of 930 contiguous mineral claims covering 17 km of the proposed Northern Gateway Road route [2][5]. - Following the assessment filing, the company plans to conduct further exploration work on its Ballarat claim block in 2026, aiming to extend the validity of ownership for all 930 contiguous claims through to 2036 [2][5]. Group 2: Land Position and Strategic Importance - The renewal of the claims reinforces Stakeholder's land position in the White Gold District, which is recognized as one of Canada's most active and geologically promising gold and copper districts [4][8]. - The company holds a strategic land position of 19,440 hectares, which is expected to support future discovery opportunities and enhance shareholder value through disciplined exploration and sustained land tenure [5][8]. Group 3: Additional Claims and Development - Stakeholder also maintains title to 10 claims covering 209 hectares within the Coffee Mining Camp, which is currently being developed by Fuerte Metals Inc., although no recent exploration work has been conducted on these claims [7]. - The company aims to uphold a strategic and value-accretive land position in the rapidly evolving White Gold District, despite the lack of recent exploration activities on these additional claims [7][8].
Core Silver Releases First Visuals From Drilling at the Laverdiere Copper Project
Accessnewswire· 2025-11-27 13:30
Core Silver Corp Overview - Core Silver Corp. has announced the completion of the first of four deep exploratory diamond drill holes, LAV25-010, at the Laverdiere Copper Project [1] - The project is located in the Atlin Mining District of northwestern British Columbia [1] Exploration Program Details - The 2025 exploration program aims to assess the depth potential and continuity of a large multi-phase porphyry system measuring 5 km x 8 km [1] - The exploration methods include diamond drilling, structural mapping, and surface sampling [1] Mineralization Findings - The drill hole LAV25-010 has intersected representative porphyry copper-molybdenum-silver (Cu-Mo-Ag) mineralization [1]
Aventis Energy Receives Drill Permits and Initiates Ground Gravity Survey on the Corvo Uranium Project
Globenewswire· 2025-11-27 13:00
Core Viewpoint - Aventis Energy Inc. has received exploration permits for the Corvo Uranium Project, enabling high-resolution geophysical surveys and the first drill program in over 40 years, set to begin in January 2026 [1][4]. Exploration Permits and Programs - The exploration permits are valid for 18 months and will facilitate high-resolution geophysical surveys and drilling programs [1]. - The first drill program will target high-priority areas, including the Manhattan Showing, with drilling totaling approximately 3,000 meters planned for January 2026 [3][4]. Geophysical Surveys - MWH Geo-Surveys has been contracted to conduct a 50 m x 200 m ground gravity survey over 29 kilometers, which will help identify density anomalies related to uranium mineralization [2]. - An earlier helicopter-borne electromagnetic and magnetic survey covered approximately 1,380 line-kilometers, enhancing the resolution of conductive trends on the Project [5]. Historical Data and Mineralization - Historical sampling at the Manhattan Showing returned uranium assays up to 8.10% U3O8, with off-scale radioactivity readings indicating significant mineralization potential [3][7]. - The Project is considered highly prospective for shallow, high-grade uranium mineralization, similar to the Rabbit Lake deposit [8]. Technical and Quality Assurance - Ongoing geophysical interpretation is integrating historical and new data to identify drill targets and reduce project risks before drilling [6]. - Samples for analysis were sent to certified laboratories, ensuring quality control and reliable results [10].