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Lancaster Resources Appoints Veteran Explorer Ross Brown as VP, Exploration to Lead Lake Cargelligo Gold Project Amid Record Gold Prices
Globenewswire· 2025-09-12 11:00
Core Viewpoint - Lancaster Resources Inc. has appointed Ross Brown as Vice President of Exploration to lead the advancement of its Lake Cargelligo Gold Project in New South Wales, Australia, coinciding with record-high gold prices and strong investor interest in gold exploration [2][5]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on critical mineral and gold projects, holding a 100% interest in the Lake Cargelligo Gold Project, which spans over 28,768 hectares [12]. - The company also has assets in Canada, including the Lac Iris polymetallic project and options for other projects in Quebec and Saskatchewan [12]. Appointment of Ross Brown - Ross Brown is recognized as a discovery-focused leader with nearly four decades of experience in exploration across various regions, including Australia, Africa, and South America [4][6]. - His previous roles include founding and managing ASX-listed companies, such as Oklo Uranium and Inca Minerals, demonstrating a proven track record in advancing early-stage projects [4][10]. Exploration Strategy - The near-term exploration program at Lake Cargelligo will involve geological mapping, geochemistry, and updated geophysics to define drill targets and accelerate project advancement [5][10]. - Historical results from the project include high-grade findings, such as up to 204 g/t Au and 273 g/t Ag from rock chips, and 16m at 5.83 g/t Au and 7.20 g/t Ag from channel sampling [10].
Lancaster Resources Appoints Veteran Explorer Ross Brown as VP, Exploration to Lead Lake Cargelligo Gold Project Amid Record Gold Prices
Globenewswire· 2025-09-12 11:00
VANCOUVER, British Columbia, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTC:LANRF | FRA:6UF0) (the “Company” or “Lancaster”) is pleased to announce the appointment of Ross Brown as Vice President of Exploration to spearhead the advancement of Lancaster’s flagship Lake Cargelligo Gold Project in New South Wales, Australia. The announcement comes as gold surges to its highest price in history, creating the perfect backdrop for Lancaster’s push into one of Australia’s most prolific ...
Domestic Metals Provides Project Update for Ongoing Field Level Exploration at the Smart Creek Project
Globenewswire· 2025-09-11 22:07
Core Viewpoint - Domestic Metals Corp. is advancing its exploration activities at the Smart Creek Project in Montana, focusing on identifying mineralization vectors for porphyry copper-gold and related carbonate replacement deposits, with drilling planned for late 2025 or early 2026 [1][2]. Exploration Update - Fieldwork at Smart Creek includes systematic mapping, sampling, and prospecting aimed at identifying structural, lithological, alteration, and geochemical vectors [3]. - The exploration program is currently a 40-day initiative designed to recognize potentially mineralized magmatic-hydrothermal centers [3]. Target Areas - High-priority target areas include Smart Creek, Sunrise Mine, and Radio Tower zones, which are being prepared for exploration drilling [1][2]. - Each target has significant potential for economic bulk tonnage copper-gold-silver mineralization based on geophysical and geochemical data [2]. Smart Creek Target - The Smart Creek target is characterized by favorable geological formations and has shown surface mineralization, including copper oxides and porphyry-related veins [6]. - Previous drilling results indicated 109.73 meters at 0.75% Cu and 18.74 g/t Ag, with increased porphyry vein density towards the northwest [6]. Sunrise Mine Target - The Sunrise Mine has historical production of 12,500 ounces of gold and has identified a gold mineralized porphyry intrusion nearby, suggesting a potential link to copper mineralization [7]. - The area has shown significant grades, including 4.22 g/t gold and 72.1 g/t silver from recent assessments [7]. Radio Tower Target - The Radio Tower target features a large alteration footprint and is associated with copper-in-soil responses, indicating its potential for CRD and porphyry mineralization [8]. - It is considered a stand-alone target due to its size and mineralization characteristics [8]. Company Overview - Domestic Metals Corp. focuses on discovering large-scale copper and gold deposits in historically significant mining areas across the Americas [9]. - The company is led by an experienced management and technical team with a successful track record in mining exploration and development [10].
Rockland Receives Exploration Permit For The Past Producing Cole Gold Mines Project In Red Lake, Ontario
Thenewswire· 2025-09-11 12:00
Core Insights - Rockland Resources has received an exploration permit from the Ontario Ministry of Northern Development and Mines for its Cole Gold Mines Project, allowing exploration activities for the next three years [1][2] - The Cole Gold Mines property is located in the Red Lake greenstone belt, known for its high-grade gold production, with historical output exceeding 30 million ounces [2][3] - Recent exploration efforts have identified new surface gold showings with assays of 57.7 g/t and 16.7 g/t Au, indicating potential for further drilling [6][7] Company Overview - Rockland Resources Ltd. specializes in critical minerals exploration, with a focus on beryllium in Utah and the Cole Gold Mines Project in Ontario [8] - The Cole Gold Mines property consists of 80 mining claims covering 1,438 hectares, situated within a historically productive gold region [3][8] Historical Context - The Shaft zone of the Cole Gold Mines property was previously worked in the 1930s, with an exploration shaft developed to 162 meters and modest high-grade gold production [4][5] - Kerr Addison Mines conducted drilling in the Shaft zone, yielding a historical resource estimate of 108,663 tonnes at a grade of 12.8 g/t Au, with mineralization remaining open at depth [5][7]
OceanaGold Announces Ongoing Exploration Success at Haile
Prnewswire· 2025-09-11 11:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Sept. 11, 2025 /PRNewswire/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to announce positive results from its exploration and resource conversion drilling programs at the Haile Gold Mine ("Haile") in the United States. Continue Reading Figure 1: Schematic cross section (looking northeast) showing Ledbetter mineralization with recent drill holes annotated. (CNW Group/OceanaGold Corporation) Drilling Highli ...
K92 Mining Announces Major Regional Exploration Update: Significant Expansion of Arakompa Deposit, Discovery of Porphyry-Style Mineralization from Arakompa Southernmost Step-Out, and Substantial 3.5 km by 3.5 km New Mineralized System Discovered at Wera
Globenewswire· 2025-09-11 10:30
VANCOUVER, British Columbia, Sept. 11, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its fifth set of drilling results consisting of 24 holes for total results of 67 holes released to date from its maiden surface diamond drill program at Arakompa, located approximately 4.5 km from the Kainantu Gold Mine Process Plant in Papua New Guinea. Additionally, K92 is pleased to report initial results from its maiden greenfields exploration program a ...
K92 Mining Announces Major Regional Exploration Update: Significant Expansion of Arakompa Deposit, Discovery of Porphyry-Style Mineralization from Arakompa Southernmost Step-Out, and Substantial 3.5 km by 3.5 km New Mineralized System Discovered at Wera
Globenewswire· 2025-09-11 10:30
Core Viewpoint - K92 Mining Inc. has announced significant drilling results from its Arakompa project and initial findings from its Wera prospect, indicating strong mineralization and potential for further exploration [1][4][5]. Group 1: Arakompa Project - The latest drilling results include 24 holes, bringing the total to 67 holes from the surface diamond drill program at Arakompa, located 4.5 km from the Kainantu Gold Mine Process Plant [1]. - Drillhole KARDD0065 revealed significant porphyry-style mineralization with 690.4 meters at 0.30% Copper Equivalent (CuEq), starting at 297.0 meters, including 395.3 meters at 0.38% CuEq starting at 349.7 meters [1][3]. - The bulk tonnage zone at Arakompa has been extended to approximately 1,100 meters in strike length and 800 meters in vertical depth, with an average true thickness of 39 meters, indicating strong near-surface bulk mining potential [1][4]. - Significant drill highlights include: - KARDD0061: 96.10 m at 2.64 g/t AuEq - KARDD0046: 62.20 m at 1.08 g/t AuEq - KARDD0067: 48.30 m at 1.34 g/t AuEq - KARDD0052: 75.40 m at 1.04 g/t AuEq - KARDD0041: 32.50 m at 1.73 g/t AuEq [1][4]. Group 2: Wera Prospect - The Wera prospect has been identified as a large 3.5 km by 3.5 km mineralized system located approximately 10 km southwest of the Kora and Judd deposits, with initial results from the maiden greenfields exploration program [1][4]. - High-grade rock chip samples from Wera include values such as 26.30 g/t Au, 25.06 g/t Au, and 23.97 g/t Au, indicating significant mineralization potential [6]. - The exploration at Wera is supported by the arrival of two new surface diamond drill rigs, enhancing the company's drilling capacity for future exploration [5][6]. Group 3: Future Exploration Plans - The company is ramping up exploration efforts with follow-up drilling at Arakompa and the initiation of drilling at Wera, targeting the newly discovered mineralized vein system [5][6]. - The exploration strategy aims to significantly increase drilling activities over the next two years, with a focus on both the Arakompa and Wera projects [5][6].
IDEX Metals Drills 182.25m of 0.32% Cu From Surface at the Kismet Tourmaline Breccia, Freeze Project, Idaho
Thenewswire· 2025-09-10 13:55
Vancouver, B.C. – TheNewswire - September 10, 2025 - IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB: IDXMF) is pleased to announce that the first ever drillhole completed by IDEX on the Freeze property (“Freeze” or the “Property”) intersected 182.25 m of 0.32% Cu, from surface. The drill hole, KSMT25001, intersected variable intervals of oxide copper mineralization beginning at 1.5 metres downhole, with malachite, chalcocite, and chrysocolla occurring as supergene replacement of primary cha ...
Mink Ventures Extends Mineralized Trends and Identifies New Targets with Summer Geophysics Program at Warren Project
Globenewswire· 2025-09-10 12:30
Core Insights - Mink Ventures Corporation announced positive results from its summer exploration program at the Warren Cu Ni Co project, highlighting the completion of a geophysics program that defined known mineralized zones and identified new anomalies of interest [1] Exploration Results - The geophysics program included a mise-a-la masse (MALAM) survey, which evaluated nickel, copper, and cobalt surface occurrences and downhole targets containing semi-massive sulphides [1] - The MALAM survey revealed a strong circular target with a diameter of 125 meters at the North Zone, indicating potential for massive sulphide mineralization [5] - The A Zone area showed a strong anomaly with a strike length of approximately 500 meters and a width of about 200 meters, covering both the historical A and B Zones [5] - The Shaft Zone area, associated with historical mineralization, showed an intercept of 0.429% Ni, 0.274% Cu, and 0.0442% Co over 1.6 meters [5] Future Plans - The company proposed a 2,000 meter drill program for the Warren patents and has secured additional drill permits for adjacent Warren North claims [1] - Further drilling is planned to evaluate the extent of mineralization in the A and B Zones and to test the new target zone identified in the MALAM survey [5][9] - The company also intends to drill test a significant target at its Montcalm Ni Cu Co project, which is outlined by coincident VTEM, Gravity, and 3D Borehole IP anomalies [6]
Maxus Mining Completes 2025 Exploration Program at the Penny Copper Project
Globenewswire· 2025-09-10 12:00
VANCOUVER, British Columbia, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce the completion of the 2025 exploration program (the "Program") on its Penny Copper Project (the "Penny Property", or the "Project") located in southeastern British Columbia, Canada. Resourceful Geoscience Solutions ("RGS") and Expert Geophysics Limited ("Expert Geophysics") were contracted to undertake the programs which were successfully executed throug ...