Mineral Exploration

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Bonterra Provides Exploration and Corporate Updates
Newsfile· 2025-08-28 10:00
Core Insights - Bonterra Resources Inc. is advancing exploration at its Desmaraisville South and Phoenix JV Projects, with significant drilling and sampling activities underway [1][3][5] Exploration Updates at Phoenix JV - The exploration program at the Phoenix JV, led by Gold Fields, includes a 15,000 m drilling campaign starting with one drill rig mobilized on the Duke NE target [2][5] - Over 65,000 m have been drilled to date, with approximately C$20 million invested under the joint venture agreement [1] - Prospecting and mapping activities have been conducted at various targets, including Gladiator SW and Titan, alongside a completed airborne gravimetric survey [2][4] Exploration Updates at Desmaraisville South - Drilling at Desmaraisville South has commenced, with approximately 2,500 m drilled at the Hewfran and Mistik targets [7] - A planned drill program of 10,000 to 12,000 m is expected to be completed by year-end, utilizing AI-assisted mineral discovery technology [7] Corporate Updates - The company successfully closed a brokered private placement for proceeds of $10.5 million, with 2,509,109 non-transferable broker warrants issued [9] - Bonterra's assets include significant gold deposits, totaling 1.24 million ounces in Measured and Indicated categories and 1.78 million ounces in the Inferred category [11]
Prismo Metals Discovers Two Separate Mineralized Veins at Silver King
Thenewswire· 2025-08-28 07:30
Core Insights - Prismo Metals Inc. is advancing exploration work at the Silver King mine, identifying two previously undescribed veins with mineralogical characteristics similar to the existing deposit [1][2] - Preliminary analysis indicates the presence of lead, silver, copper, and zinc in the mineralization, with lab results expected soon [1][2] - The Silver King mine has historical significance, having produced nearly 6 million ounces of silver at grades up to 61 oz/t, with potential for high-grade mineralization remaining [12][21] Exploration Updates - The exploration program at Silver King is set to be completed in September, followed by a preliminary drilling program pending permit approval [6] - Initial work has included a property-wide survey and geochemical analysis around the Silver King deposit, which is strategically located near other significant deposits like the Resolution Copper project [4][14] Historical Context - The Silver King mine was discovered in 1875 and has a rich production history, with significant output occurring until 1928 [20][15] - Selected samples from the late 1990s indicated grades as high as 644 oz/t silver, suggesting that high-grade mineralization remains in the area [21][13] Strategic Positioning - The mine's location, only 3 km from the Resolution Copper project, offers strategic advantages and potential for further exploration [14][21] - The acquisition of the Silver King mine represents a rare opportunity for the company, given its proximity to other world-class deposits and the lack of modern exploration [7][6] Upcoming Events - Prismo will host a live webinar on September 3rd, where executives will discuss the company's exploration projects and answer audience questions [10][11]
U.S. GoldMining Advances 2025 Exploration Program Targeting Continued Growth at the District Scale Whistler Gold-Copper Project, Alaska
Prnewswire· 2025-08-27 11:00
Core Viewpoint - U.S. GoldMining Inc. is advancing its exploration efforts at the Whistler Gold-Copper Project in Alaska for the 2025 field season, focusing on developing new drill targets and expanding its resource base [1][4][6]. Exploration Program Details - The 2025 exploration program aims to explore multiple targets across the Whistler Project, with a focus on the Whistler Orbit and Muddy Creek prospect areas [1][4][6]. - The program includes systematic 'scout' drilling over the Whistler – Raintree mineral system, covering an area of approximately 5 x 5 km, and aims to identify fertile porphyry intrusions [6][7]. - The Muddy Creek area has a significant gold-in-soil geochemical footprint of approximately 6 x 4 km, with historic sampling returning values exceeding 1 gram per tonne gold, including peak values of 111.50 g/t Au [6][8]. Political Engagement - U.S. GoldMining hosted U.S. Senator Lisa Murkowski at the Whistler Project on August 21, 2025, highlighting the political interest in responsible resource development in the West Susitna Mineral District [1][5][6]. Resource Estimates - The Whistler Project consists of several gold-copper porphyry deposits and exploration targets, with a mineral resource estimate of 294 million tonnes at 0.68 g/t AuEq for 6.48 million ounces AuEq indicated, and 198 million tonnes at 0.65 g/t AuEq for 4.16 million ounces AuEq inferred [11].
C3 Metals Awards Maiden Drill Contract at Khaleesi Copper-Gold Project, Peru
Newsfile· 2025-08-27 11:00
Core Viewpoint - C3 Metals Inc. has engaged AK Drilling International S.A. to initiate a minimum of 6,000 meters of diamond core drilling at its wholly-owned Khaleesi copper-gold project, with mobilization scheduled for early September 2025 [1][2]. Company Overview - C3 Metals Inc. is focused on mineral exploration, aiming to create value through the discovery and development of large copper and gold deposits, holding approximately 31,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [18]. Project Details - The Khaleesi project is located on a mineralized skarn, epithermal, and porphyry prospect within a well-known mining belt, strategically positioned near major copper mines such as Las Bambas and Constancia [6][8]. - The project area has never been drill tested historically, and the current exploration program is a high priority for the company [17]. Exploration Program - The initial drilling program consists of 14 holes designed to test high tenor geochemical and geophysical anomalies, with significant copper-molybdenum and copper-zinc soil anomalies identified [2][9]. - Recent geophysical surveys have revealed large magnetic, induced polarization, and magnetotelluric anomalies, indicating a potentially significant hydrothermal system at Khaleesi [14][17]. Historical Context - The company has previously collaborated with AK Drilling for resource delineation at the nearby Montana de Cobre project, which yielded a Measured and Indicated Mineral Resource of 51.9 million tonnes at 0.50% total copper and 0.20 g/t gold [5][6].
Inflection Resources Granted Additional Exploration Licenses Covering New Copper-Gold Targets
Thenewswire· 2025-08-27 10:30
Core Viewpoint - Inflection Resources Ltd. has been granted several exploration licenses in the northern extension of the Molong Volcanic Belt, which the company believes to be highly prospective for large copper-gold intrusive related mineral systems [1][2]. Summary by Sections Exploration Licenses - The company has acquired 3,336 km² of exploration licenses, referred to as the Molong North project, which includes two main areas: Coonamble and Mendooran [3][5]. - These licenses cover large copper-gold targets that have never been drill tested and are strategically located north of the Cadia copper-gold mine owned by Newmont [5]. Geological Interpretation - The licenses are based on detailed geological interpretation that models the extension of the Macquarie Arc further north, under post-mineral cover [2][4]. - The company utilized precompetitive geological and geophysical data to identify intrusion-like anomalies in the Ordovician basement, which may represent large porphyry or intrusion-related copper-gold systems [4][5]. Target Areas - Eleven major targets have been identified in the Coonamble area, showing high amplitude magnetic signatures indicative of potential porphyry-related alteration at depth [7][8]. - The Mendooran target area consists of interpreted intrusions along a significant cross-arc structure, which is important for fluid flow and the emplacement of large-scale mineral systems [12][14]. Exploration Strategy - The company plans to explore these new areas with a methodical and cost-effective approach, applying sound geoscience [2][5]. - Inflection has significant experience exploring the covered segment of the Macquarie Arc and has an ongoing exploration partnership with AngloGold Ashanti [4][5].
Ophir Expands High-Grade Cesium Zone at Depth with 0.92% Cs2O over 1.0 m at the HW3 Pegmatite, Pilipas Property, Quebec
Newsfile· 2025-08-27 10:30
Core Viewpoint - Ophir Metals Corp. has announced significant assay results from its 2025 drill program at the Pilipas Lithium Property, highlighting the presence of high-grade cesium and tantalum mineralization, indicating strong multi-commodity potential in the region [1][2][4]. Group 1: Drill Program Results - The 2025 drill program included 16 drill holes totaling 936 meters at the HW3 Cesium Pegmatite, confirming the presence of cesium mineralization with an intercept of 0.92% Cs₂O over 1.0 meter [4][5]. - Multiple samples returned elevated cesium values, with 16 samples exceeding 0.06% Cs₂O, demonstrating a highly anomalous system across various horizons [5][6]. - Tantalum results were also notable, with 31 samples returning over 50 ppm Ta₂O₅, including a peak of 1,248 ppm Ta₂O₅ over 0.5 meters [6][8]. Group 2: Geological Significance - The presence of pollucite, a rare cesium mineral, was visually noted in drill core, supporting the continuity of cesium mineralization from surface to subsurface [9]. - The pegmatites at Pilipas are described as highly fractionated, which is consistent with the processes that concentrate cesium, lithium, and tantalum [9]. - The 4.2 km corridor between HW1 and HW3 shows limited outcrop exposure, suggesting potential for additional discoveries along the pegmatite trend [9]. Group 3: Future Exploration Potential - Other areas of the Pilipas Property are considered highly prospective for Lithium-Cesium-Tantalum (LCT) mineralization, supported by strong geochemical fertility ratios from pegmatite grab samples collected in 2024 [10]. - Fertility criteria ratios such as K/Rb, Nb/Ta, Zr/Hf, and Mg/Li indicate a higher likelihood of hosting LCT mineralization in the region [10].
Kingsmen Updates Drilling Progress at Las Coloradas Silver Project in Chihuahua, Mexico
Newsfile· 2025-08-26 12:30
Core Viewpoint - Kingsmen Resources Ltd. has successfully completed its initial drilling program at the Las Coloradas silver project, confirming the potential for mineralization along the Soledad and Soledad II structures in the Parral mining district of Mexico [6]. Drilling Progress - A total of 3,227.2 meters of drilling has been completed across 12 core holes, targeting silver mineralized zones and geophysical survey-identified targets [2][3]. - The drill program focused on short segments of the Soledad (1.6 km) and Soledad II (1.2 km) structures, with no prior drilling conducted on these targets [4]. Geological Insights - Previous sampling in the Soledad and Soledad II structures indicated significant silver grades and some anomalous gold values, which had not been drilled before [3]. - The drilling aimed to validate the geological model and support the potential for a discovery, with significant lengths of the mineralized systems remaining to be tested [6]. Future Plans - The drill rig will remain on site until all assay results are received and geological data is compiled, with additional targets in the Saddle, Silvia, and La Plata zones yet to be explored [6]. Quality Assurance - The drill core is being geologically logged and sampled, with quality assurance measures in place, including the systematic insertion of certified standard reference materials [7][9].
Maxus Mining Significantly Expands Land Holdings at the Lotto Tungsten Project in British Columbia, Canada
Globenewswire· 2025-08-26 12:00
Core Viewpoint - Maxus Mining Inc. has expanded its land holdings at the Lotto Tungsten Project by an additional 2,633 hectares, increasing the project size by 600% and preparing for a Phase 1 Exploration Plan [1][2]. Group 1: Project Expansion - The Lotto Tungsten Project now spans over 14 kilometers of stratigraphy favorable for tungsten mineralization [2]. - The total area of the project is now 3,054 hectares, located in a mineral-rich district of British Columbia [3][10]. - The project contains the historic Lotto 3 showing, which features scheelite mineralization within a quartz vein [3][5]. Group 2: Historical Data and Geological Context - A grab sample taken in 1980 from a quartz vein with scheelite assayed 10.97% WO3 [5][12]. - Historical surveys, including a 2006 helicopter-borne geophysical electromagnetic survey, indicated the presence of Paleozoic argillaceous quartzites and argillites, suggesting a favorable geological setting for tungsten mineralization [5]. - The geological setting includes metamorphosed sediments intruded by various igneous bodies, which are conducive to the formation of tungsten deposits [5]. Group 3: Company Overview - Maxus Mining Inc. focuses on locating, acquiring, and developing economic mineral properties in premier jurisdictions, with a portfolio of approximately 14,355 hectares [10]. - The company is actively compiling historical data to inform its exploration strategy for the Lotto Tungsten Project [1][2].
GoldQuest Engages Sedgman and SRK for Romero Bankable Feasibility Study
Newsfile· 2025-08-26 11:00
Core Viewpoint - GoldQuest Mining Corp. has awarded the Bankable Feasibility Study for its Romero gold-copper project to Sedgman Canada Ltd. in partnership with SRK Consulting, marking a significant step towards project development [1][2][3] Group 1: Project Details - The Romero project is located in the San Juan Province of the Dominican Republic and is recognized as one of the most advanced high-grade undeveloped gold-copper projects in the Caribbean [3] - The BFS will be conducted in accordance with National Instrument 43-101 regulatory standards, ensuring compliance and quality in the study [2] Group 2: Collaboration and Management - Sedgman will lead the BFS and manage the integration of the study, coordinating inputs from GoldQuest, SRK, and other consulting groups to streamline communication and decision-making [2] - The collaboration aims to define clear roles and enhance the efficiency of the feasibility process, focusing on long-term value creation [3] Group 3: Company Background - GoldQuest is a Canadian mineral exploration and development company with projects in the Dominican Republic, traded on the TSX-V under the symbol GQC [9] - The company is well-funded to advance the development of the Romero gold-copper discovery, which is part of the Tireo Formation in the Dominican Republic [9]
Collective Mining Expands the New Porphyry Discovery at San Antonio by Cutting 172.40 Metres at 1.40 g/t Au, 0.16% Cu, 17 g/t Ag and 68 ppm Mo with the Hole Bottoming in Strong Mineralization
Prnewswire· 2025-08-25 20:01
Core Insights - The company is currently operating eleven drill rigs as part of a fully funded 70,000-metre drill program for 2025, with three rigs at the San Antonio Project and eight at the Guayabales Project [1] - Drilling at the Guayabales Project aims to define shallow mineralization, expand high-grade sub-zones, and test new targets, with two deep capacity drill rigs focused on the Apollo system [1][3] - The San Antonio Project has seen approximately 10,000 metres of diamond drilling completed, with significant mineralization identified at the Pound target [2][4] Company Developments - Executive Chairman Ari Sussman expressed confidence in the potential of the San Antonio Project, highlighting its proximity to infrastructure and the absence of nearby communities [3] - The company has upgraded all rigs at San Antonio to optimal performance parameters due to previous drilling limitations [5] - The results from drill holes SAC-15 and SAC-18 indicate strong porphyry mineralization, with SAC-18 averaging 1.88 g/t AuEq over 172.40 metres [6][9] Technical Details - The assay results from SAC-15 show 154.20 metres averaging 1.12 g/t AuEq, including higher density mineralized sub-zones [5][8] - The company has identified three mineralized phases at the San Antonio Project, with Phase 1 covering a large area and hosting low-grade gold, while Phases 2 and 3 contain higher-grade mineralization [8] - The company plans to drill test multiple targets within the San Antonio Project in 2025, leveraging its close proximity to the Guayabales Project [14]