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Kingman Announces Drone Magnetometer Survey at Historic Mohave Gold Project & Completion of NI 43-101 Report
Newsfile· 2025-11-20 08:01
Core Insights - Kingman Minerals Ltd. is advancing exploration activities at its Mohave Gold Project in Arizona, despite delays caused by the recent U.S. government shutdown [2][4] - The company is engaging a contractor for a high-resolution drone-based magnetometer survey to gather detailed subsurface information, which is crucial for refining drill targets [3][4] - Kingman has raised gross proceeds of $2,112,953, ensuring full funding for ongoing exploration efforts [4] Exploration Activities - The company is proactively pursuing alternative exploration initiatives during the government shutdown to maintain value generation and geological insight [2] - The upcoming drone survey is expected to commence in the coming weeks, with results anticipated shortly thereafter, which will guide future exploration phases [4][5] Technical Reporting - An updated NI 43-101 compliant technical report on the property has been completed and will be available on SEDAR+ upon approval [5][6] - The technical information has been prepared in accordance with Canadian regulatory requirements and reviewed by a qualified person [6] Company Background - Kingman Minerals Ltd. focuses on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [7] - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development already completed [7]
NorthWest Reports Near Surface Intercept of 44.0 Metres of 0.62% Copper and 0.42g/t Gold (1.01% CuEq) at Kwanika from 172 Metres
Globenewswire· 2025-11-19 15:52
Core Insights - NorthWest Copper Corp. announced positive assay results from drill hole K-25-278 at the Kwanika project, confirming near-surface copper-gold mineralization with significant intercepts [1][2][5] Drill Hole Highlights - Drill hole K-25-278 intersected two broad zones of mineralization: - Pit Zone: 80 metres of 0.59% Cu and 0.16 g/t Au (0.75% CuEq) from 47 metres, and 44 metres of 0.62% Cu and 0.42 g/t Au (1.01% CuEq) from 172 metres [3][16] - Central Zone: 36 metres of 0.65% Cu and 0.64 g/t Au (1.25% CuEq) from 222 metres, including 10 metres of 0.79% Cu and 0.77 g/t Au (1.50% CuEq) from 222 metres [3][16] Geological Insights - The results indicate an east-west lateral metal zonation trend, with gold to copper ratios approaching 1:1, providing insights into potential metallurgical recoveries [4][6] - The upper Central Zone was intersected closer to the surface than expected, suggesting a change in geometry as it approaches higher-grade areas [2][6] Future Exploration Plans - The 2025 drill program totals 6,435 metres, focusing on defining higher-grade zones and evaluating underground targets for selective mining methods [5][9] - The company expects to release additional results from the remaining thirteen holes in the coming weeks [5][9] Management Commentary - The CEO of NorthWest highlighted the potential for a high-grade starter pit that could enhance project economics, emphasizing the strong and consistent higher-grade mineralization observed [5][6]
AuMEGA Metals Commences Diamond Drilling on Major Electromagnetic Target at Cape Ray
Newsfile· 2025-11-17 11:30
Core Viewpoint - AuMEGA Metals Ltd has initiated a diamond drilling program at its Cape Ray Project in Newfoundland and Labrador, marking a significant advancement in its exploration efforts aimed at discovering new gold resources [2][8]. Exploration Strategy - The company employs a systematic exploration strategy that has identified compelling targets within the Cape Ray Shear Zone (CRSZ), focusing on a newly defined airborne electromagnetic (EM) conductor near the high-grade Central Zone deposits [3][4]. - The EM conductor measures approximately 500 metres by 1,000 metres and is located 500 metres southeast of the Central Zone, which has not been previously drill tested [4][9]. Drilling Program Details - The drill program is fully funded and will commence with one diamond rig, with the potential to scale up to a second rig based on initial results [10]. - The initial drilling will target priority structures within the EM anomaly, which is believed to represent a new gold-bearing trend parallel to the Central Zone [9][10]. Historical Context and Potential - The area has been historically overlooked due to lack of surface exposure but is situated on a structural network similar to that of the Central Zone, which previously yielded a standout gold heavy mineral concentrate sample of 111.5 g/t [7][8]. - The company has identified several drill targets within the EM anomaly and is optimistic about the potential for new discoveries in this underexplored area [8][9]. Additional Exploration Efforts - AuMEGA has recently completed a till geochemical survey over the Isle aux Morts Granite, another high-priority target within the identified multi-kilometre gold corridor, with results expected soon [12][13]. - The company plans to refine drill locations for Cape Ray West based on the upcoming survey results and is prepared to mobilize for additional drilling if conditions allow [13]. Company Overview - AuMEGA Metals Ltd operates on a district-scale land package spanning 110 kilometers along the Cape Ray Shear Zone, recognized as Newfoundland's largest identified gold structure [15]. - The company currently holds a defined gold Mineral Resource of 6.2 million tonnes grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources, and 3.4 million tonnes grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources [17].
Askari Metals begins copper-gold hunt in Ethiopia - ICYMI
Proactiveinvestors NA· 2025-11-14 07:38
Core Viewpoint - Askari Metals Ltd has initiated a copper and gold exploration program at the Nejo project in Ethiopia, focusing on validating historical drilling data and targeting high-priority prospects [1][2][4]. Exploration Activities - The exploration campaign is the company's first reconnaissance-style program at Nejo, targeting areas such as Guji 1 and Komto 2 in the south, and Katta in the northwest [1][2][7]. - Historical drilling at Katta intersected 140.8 meters at 3.2% copper, with no follow-up since the 1970s, indicating potential for a large VMS-style system [2][10]. Future Plans - Preparations are underway for a planned drilling program in Q4 2025, with efforts to secure a rig, crew, and consumables [3][11]. - The Guji 1 and Komto 2 corridor is a 9-kilometer mineralized strike that remains open in both directions, which is a key focus for future drilling [3][11]. Resource Development - The company aims to reach a maiden resource within 12 months, leveraging refined historical exploration data [4][13]. - The Nejo license covers 1,200 square kilometers, with multiple additional targets to be assessed over time, indicating a long-term exploration strategy [4][15]. Continuous Updates - The exploration program is expected to generate continuous updates over the next two to three years, keeping investors engaged [5][15].
Paradigm Gold Closes First Tranche and Extends Closing of Non-Brokered Private Placement
Newsfile· 2025-11-13 17:31
Paradigm Gold Closes First Tranche and Extends Closing of Non-Brokered Private PlacementNovember 13, 2025 12:31 PM EST | Source: Paradigm Gold CorporationVancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - Paradigm Gold Corporation (TSXV: PDQ) ("Paradigm" or the "Company") has received Exchange approval to extend the closing of its previously announced non-brokered private placement for a period of 30 days. The Company plans to issue up to 9,000,000 units for total gross procee ...
Bullion Gold Begins Geochemical Survey of Base Till on Langlade and Appoints a New Director to Its Board
Newsfile· 2025-11-13 13:15
Core Insights - Bullion Gold Resources Corp. has initiated a geochemical survey program following the discovery of gold grains in a base till sample from the Langlade project, indicating potential for significant mineralization [1][4] - The company has appointed Sébastien Plouffe as a new director, bringing over 30 years of experience in financial markets and project development [11] - A private placement has been completed, raising gross proceeds of $234,250 through the issuance of 3,346,429 units at a price of $0.07 each [12][13] Geochemical Survey Program - The company is conducting a systematic glacial sediment sampling program across three grids, involving approximately 530 basal till samples to assess gold and polymetallic targets [2] - Sampling is performed using an auger in a 50-meter grid pattern to understand metal dispersion in glacial sediments, focusing on copper, zinc, gold, and silver [2] - The program is supervised by a consulting geologist to ensure data quality, with geochemical analyses conducted by Agat Laboratories [3] Langlade Project Details - The Langlade project covers 72 cells over 4,128 hectares, located approximately 100 km east of Senneterre, Quebec, with year-round access [5] - Historical drilling by Cominco in the 1990s revealed mineralization extending 600 meters laterally and nearly 900 meters in depth, with potential for further extension [6] - Current management hypothesizes that the deposit may be located within a fold hinge, suggesting unexplored sectors could hold significant mineralization potential [7] Future Plans - The company aims to verify the extent of gold and polymetallic mineralization near the Langlade deposit and identify new targets based on recent surface sampling [9] - A planned drilling program will test the current management's hypothesis regarding the deposit's structure once permits are obtained [7] Financial Activities - The private placement will be used for general corporate purposes, with securities subject to a four-month hold period [13] - The company has granted stock options to directors and consultants to purchase up to 2,000,000 common shares at a price of $0.10 per share [14] - An extension of 2,899,285 share warrants expiring in December 2025 is proposed, subject to approval [15] Marketing and Communication - An agreement with Volume Hunters Inc. has been established for the publication and distribution of public information across various platforms, enhancing the company's visibility [16][17]
Ivanhoe Electric Secures Credit Approval for $200 Million Bank Credit Facility to Support Santa Cruz Copper Project Development
Newsfile· 2025-11-13 12:00
Core Viewpoint - Ivanhoe Electric has secured a $200 million credit facility to support the development of the Santa Cruz Copper Project, marking a significant step in its project financing strategy and enhancing liquidity for early construction activities [1][2][3]. Financing Details - The Bridge Facility will provide early liquidity support and is a crucial part of the overall financing strategy, which may include project-level minority investments and long-term project debt [2][8]. - The facility has a two-year maturity and is priced at the three-month Secured Overnight Financing Rate plus a margin of 5.0%, with an expected rate of approximately 8.8% at the time of the announcement [6][7]. Project Development - Ivanhoe Electric is in advanced discussions with potential minority interest partners and project debt providers, including the U.S. Export-Import Bank [3][9]. - The Santa Cruz Copper Project aims to produce approximately 3 billion pounds of pure copper over its initial 23-year mine life, with first copper cathode production targeted for late 2028 [4][14]. Employment and Economic Impact - The project is expected to create around 1,000 skilled jobs during the construction phase, contributing to local economic development [4][14]. Company Vision - The company aims to establish itself as a new American-focused critical metals producer, enhancing supply chain security for copper and other essential metals [4][10].
Orvana Argentina Commences Geophysical Survey at Taguas Project, Argentina
Prnewswire· 2025-11-13 00:00
Accessibility StatementSkip Navigation The Company's 2025/26 Exploration Program at the Taguas Project is structured into three sequential phases: | Phase | Objective | Status | | --- | --- | --- | | | | Completed | | Geological | Detailed relogging of historical drill holes and | | | Modeling | short-wave infrared (SWIR) alteration studies; | Identified vectors toward porphyry-style | | | spectral scanning of drill holes in the target area | mineralization along a 2.5-kilometre | | Update | every 5m | nort ...
Precipitate Strengthens Technical Team with Addition of James Thom as Senior Exploration Geologist
Thenewswire· 2025-11-12 14:00
Core Viewpoint - Precipitate Gold Corp. has re-engaged James Thom as Senior Exploration Geologist to enhance its exploration efforts in the Dominican Republic, particularly at the Juan de Herrera project [1][3]. Company Overview - Precipitate Gold Corp. is focused on mineral exploration in the Dominican Republic, owning projects such as Juan de Herrera, Pueblo Grande, and Ponton, and is evaluating additional property acquisitions to increase shareholder value [7]. Key Personnel - James Thom has 25 years of experience in precious and base metals exploration across the Americas, with a successful track record in managing multi-million-dollar exploration programs [2]. - Thom previously worked with Precipitate, where he conducted a significant geochemical program at the Juan de Herrera project, leading to the identification of eight new geochemical anomalies [2]. Project Details - The Juan de Herrera Project spans approximately 12,706 hectares and is located adjacent to GoldQuest Mining's Romero gold-copper project, featuring intermediate sulphidation epithermal and VMS style exploration targets [5]. - Previous work at the Juan de Herrera Project has outlined multiple anomalous zones of gold and/or copper mineralization, with approximately 5.0 million gold equivalent ounces discovered in the Tireo Formation belt over the last decade [6]. Exploration Strategy - The company aims to ramp up exploration activities at the Juan de Herrera project and other Dominican properties, leveraging Thom's expertise and commitment to safety and team development [3].
Glenstar Begins Geophysical Survey at Green Monster Project
Newsfile· 2025-11-12 13:29
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO20) ("Glenstar" or the "Company") announces that it has commenced the previously announced Hybrid-Source Audio-Magnetotellurics Survey (the "HSAMT" or "Survey") at the Green Monster Project in southwestern Nevada. Hasbrouck Geophysics, Inc. ("Hasbrouck") of Prescott, Arizona and Advantage Geophysics, Inc. ("Advantage") of Phoenix, Arizona have mobilised to the site of the survey, an ...