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Lahontan Mobilizes Core Drill Rig to Santa Fe
Accessnewswire· 2026-01-26 12:30
Core Insights - Lahontan Gold Corp. has mobilized a Super 90 track-mounted core drill rig to its flagship Santa Fe Mine Project in Nevada, which is part of the ongoing mine development program focusing on waste rock geochemical characterization and groundwater distribution for the permitting process [1][2] - The company aims to gather hydrologic and waste rock geochemical data to stay on track for commencing open pit mining and heap leach processing at Santa Fe in 2027 [2] - The Santa Fe Mine project has a historical production of 359,202 ounces of gold and 702,067 ounces of silver from 1988 to 1995, and currently has an Indicated Mineral Resource of 1,539,000 ounces of gold equivalent and an Inferred Mineral Resource of 411,000 ounces of gold equivalent [2] Company Overview - Lahontan Gold Corp. is a Canadian mine development and mineral exploration company with four gold and silver exploration properties in Nevada's Walker Lane [2] - The Santa Fe Mine project spans 28.3 km and is expected to advance towards production, with plans to update the Preliminary Economic Assessment and drill test the satellite West Santa Fe project in 2025 [2] Technical Disclosure - The technical disclosure has been reviewed and approved by Brian J. Maher, a Qualified Person under Canadian National Instrument 43-101, who has verified the data disclosed in the news release [3]
Prospector Outlines Fully Funded 2026 Drill Strategy for the ML Project, Yukon
TMX Newsfile· 2026-01-26 12:00
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") today provided an update on the Company's fully funded 2026 drill campaign on the ML Project in the Yukon.Key Point Summary:Prospector's 2026 drilling program will include 25,000 meters. All required land use permits are in place, and three drill rigs have been secured with drilling expected to begin in May 2026.The total budget for the 2026 explor ...
Cabral Gold Drills 9.5m @ 5.74 g/t Gold and Expands Jerimum Cima Discovery, Cuiú Cuiú Gold District, Brazil
TMX Newsfile· 2026-01-26 11:30
Core Insights - Cabral Gold Inc. has reported promising results from six additional diamond drill holes at the Jerimum Cima target in the Cuiú Cuiú Gold District, Brazil, indicating significant potential for gold mineralization [1][3][4] Drilling Results - The latest drill results have extended the main east-west trending mineralized zone by at least 175 meters to the east, increasing the known strike length to 750 meters, with the zone remaining open [3][12] - Notable drill results include: - DDH359: 9.5m at 5.74 g/t gold, including 3.6m at 13.92 g/t gold [7][10] - DDH365: 3.8m at 10.80 g/t gold, including 0.5m at 80.51 g/t gold, indicating a previously unrecognized high-grade zone [7][13] - DDH355: 2.0m at 15.29 g/t gold [7][8] - DDH356: 0.5m at 34.87 g/t gold and 0.6m at 68.04 g/t gold, also indicating previously unknown high-grade zones [7][9] Geological Context - The Jerimum Cima target is characterized by a strong gold-in-soil anomaly of over 100 ppb gold, covering an area of 900m x 1000m, comparable to other significant gold deposits in the region [5][24] - The mineralization is centered on a major east-west fault zone, which is part of the regional Tocantinzinho fault system [5][24] Future Plans - The company plans further drilling to establish the size of both the gold-in-oxide zone and the underlying primary mineralization in intrusive rocks [4][15] - A second drill rig is expected to be brought in soon to expedite exploration efforts [4][3] Company Overview - Cabral Gold Inc. is focused on the exploration and development of gold properties in Brazil, holding a 100% interest in the Cuiú Cuiú gold district [24] - The Cuiú Cuiú project has defined resources of 12.29 million tonnes at 1.14 g/t gold and 13.56 million tonnes at 0.50 g/t gold in oxide material, with additional inferred resources [24]
K92 Mining Announces 2026 Operational Guidance – Significant Production Growth and Exploration Program Planned
Globenewswire· 2026-01-26 11:00
Core Viewpoint - K92 Mining Inc. forecasts a significant increase in gold equivalent production for 2026, alongside a substantial exploration budget to support ongoing exploration activities [1][4]. Production Outlook - Expected production for 2026 is between 190,000 to 225,000 ounces of gold equivalent, marking an increase from the record production of 174,134 ounces in 2025 [3][6]. - Production is anticipated to be strongest in the second half of 2026, driven by the ramp-up of ore tonnes mined and processed from new mining fronts and key expansion projects [3][4]. Cost Projections - Forecasted cash costs on a by-product credit basis are between $710 and $770 per ounce of gold, with all-in sustaining costs (AISC) projected at $1,250 to $1,350 per ounce of gold [3][6]. - On a co-product basis, cash costs are expected to be between $980 and $1,040 per ounce of gold equivalent, with AISC projected at $1,480 to $1,580 per ounce of gold equivalent [3][6]. Exploration Plans - A record exploration budget of $31 to $35 million is planned for 2026, focusing on near-mine targets and regional exploration [3][5]. - Surface exploration will target areas such as Arakompa, Maniape, and Judd North, with initial drilling planned at the Mati-Mesoan-Bona Creek vein systems [3][5]. Growth Capital - Growth capital for 2026 is forecasted to be between $100 and $108 million, including $25 to $28 million for Stage 3 Expansion and $75 to $80 million for Stage 4 Expansion and accelerated growth capital [3][6]. - As of December 31, 2025, 95% of the Stage 3 Expansion capital has been spent or committed, and the project remains on budget [5]. Key Expansion Projects - Key projects for 2026 include upgrades to the power plant, haul road, and water treatment facilities, as well as camp expansion and port upgrades [3][5]. - The Stage 4 Expansion Power Plant Upgrade is budgeted at $6 million, while the haul road upgrade is estimated at $5 million [3][5].
Germanium Mining Corp Plans Work Program for Drill Targeting at its Lac Du Km 35 Germanium Property
Thenewswire· 2026-01-26 08:05
Core Viewpoint - Germanium Mining Corp. is advancing its exploration program at the Lac Du Km 35 Germanium Property in Québec, aiming to unlock its full germanium potential through modern geological tools and systematic work [2][3]. Company Overview - Germanium Mining Corp. is a publicly traded mineral exploration company focused on discovery-stage mineral properties in North America and is a member of various mining and defense associations [11]. Property Details - The Lac Du Km 35 Property features the Faribault Shear Zone (FSZ), which has not been extensively explored since its discovery in 1998. The Laganière germanium showing within the property has reported a value of 0.02% (186 ppm) germanium, the highest in Québec [3][4]. - The property is strategically located near a cluster of electromagnetic anomalies that have not been tested, which will be a focus for the company [4]. Planned Work Program - A modern magnetic and electromagnetic airborne survey will be conducted over the entire property to identify the FSZ and potential additional shear zones, which may serve as conduits for hydrothermal fluids [5]. - Following the survey, a comprehensive outcrop sampling and assaying program is planned for Summer 2026, with the aim of verifying features of interest [6]. - The first priority area for exploration is a 6 km x 2.5 km section along the FSZ, which includes the Laganière showing and the electromagnetic anomalies [7]. Market Context - Germanium is a critical metal with growing applications in electronics, solar technology, and optics, and is currently priced over US$5,000 per kilogram due to export restrictions from China, the largest producer [8][9].
Hi-View Appoints Former Barrick Structural Geologist To Vice President Of Exploration
Thenewswire· 2026-01-23 23:00
Core Viewpoint - Hi-View Resources Inc. has appointed Nader Mostaghimi as Vice President of Exploration, aiming to enhance its exploration efforts in the Toodoggone district, which is gaining attention from major mining companies [1][6]. Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company focused on gold, silver, and copper assets in the Toodoggone region of northern British Columbia, covering over 27,791 hectares [8]. - The company's key projects include the Golden Stranger Project, the Lawyers claims, and the Borealis Project, all identified as high-priority targets [8]. Appointment Details - Nader Mostaghimi, a professional geologist with over eight years of experience in mineral exploration, has been appointed to lead the company's exploration initiatives [2][4]. - He holds a Master of Science in Geology from the University of British Columbia and is a registered Professional Geoscientist [4]. Expertise and Experience - Mostaghimi's background includes significant work on structural geology and exploration targeting, particularly in epithermal and porphyry systems [2][3]. - His previous role at Barrick Gold involved leading exploration programs in diverse geological settings, enhancing his capability to manage complex exploration projects [3]. Strategic Focus - As Vice President of Exploration, Mostaghimi will focus on advancing Hi-View's projects through disciplined exploration and strong technical fundamentals [4]. - The Toodoggone district is noted for its mineralization controlled by structural features, aligning with Mostaghimi's expertise [6]. Future Outlook - Mostaghimi expressed confidence in the Toodoggone district's potential for further discoveries, emphasizing the importance of integrated geoscience and disciplined targeting [6].
Almadex Discusses Exploration Plans for 2026
Globenewswire· 2026-01-23 12:00
VANCOUVER, British Columbia, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to discuss the Company’s 2025 exploration program and its plans for 2026. While the Company holds important assets in Canada such as the Logan Zn-Ag project (see Almadex news release of July 25, 2025), its current exploration efforts are focussed on precious and base metals in the western USA. A large amount of successful generative work was completed in 2025 resulting ...
Drilling at Mount Polley Intersects 11.0 Metres Grading 4.43% Copper, 1.53 g/t Gold and 41.7 g/t Silver
Globenewswire· 2026-01-23 02:00
Core Insights - Imperial Metals Corporation has reported the results of the first diamond drill hole from the Mount Polley 2025 Phase 2 Diamond Drill Program, which includes significant mineralization with 11.0 metres grading 4.43% copper, 1.53 g/t gold, and 41.7 g/t silver [1][2]. Drill Program Overview - The Mount Polley 2025 Phase 2 program aims to achieve three objectives: testing a high-grade zone beneath the Wight Pit, expanding and determining the boundaries of higher gold grade mineralization in the C2 zone, and exploring beneath the previously mined Bell Pit using new targeting techniques [2]. - The Phase 2 program consists of nine holes totaling 3,718.3 metres [1]. Drill Hole Details - Drill hole WB-25-268 was targeted at a high-grade area in the Green zone, adjacent to the Martel zone, beneath the Wight Pit [5]. - The hole intercepted a hydrothermal fragmental potassic-altered breccia with significant mineralization, including additional higher-grade sections above and below the targeted area [8]. - The detailed results from hole WB-25-268 include: - 1.5 metres grading 3.58% copper, 0.07 g/t gold, and 13.6 g/t silver from 254.6 to 256.1 metres - 9.6 metres grading 3.71% copper, 0.42 g/t gold, and 9.89 g/t silver from 272.5 to 282.1 metres - 11.0 metres grading 4.43% copper, 1.53 g/t gold, and 41.7 g/t silver from 304.4 to 315.4 metres [9]. Mineralization Characteristics - The higher silver to copper ratio observed in this hole is typical for the northeast quadrant of the Mount Polley property, indicating potential for further exploration in this area in 2026 [10]. - The Martel zone has been previously defined as an underground resource, with an indicated resource of 2,272,000 tonnes grading 1.14% copper, 0.30 g/t gold, and 7.20 g/t silver as of January 1, 2025 [11]. Company Profile - Imperial Metals is based in Vancouver and is involved in exploration, mine development, and operations, holding the Mount Polley mine (100%), Huckleberry mine (100%), and Red Chris mine (30%), along with a portfolio of 23 exploration properties in British Columbia [12].
Terra Balcanica Drills Multiple Polymetallic Targets and Extends Mineralized Zones in Bosnia
Globenewswire· 2026-01-22 21:01
Vancouver, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1; OTC:TEBAF) is pleased to announce further assay results from the Phase III drill campaign at the Cumavici Ridge and Brezani targets within its principal Viogor-Zanik project in Bosnia and Herzegovina. Highlights The Brezani drillhole BRE25001A returned 0.43 g/t Au over 55 m from 12 m below surface thus extending gold mineralization to 170 m along strike in the N-S dir ...
Leviathan Metals Intersects High-Grade Zinc, Lead and Silver mineralization in trenching at Foča, Bosnia and Herzegovina
Globenewswire· 2026-01-22 13:30
Shallow trenching at the Vrela-Kremin trend returns 14 meters at 7.78% ZnEq within a broader interval of 27 meters at 4.63% ZnEq (T25MAR04), and 12 meters at 8.92% ZnEq within a broader interval 29 meters at 4.67% ZnEq, (T25MAR11).Demonstrates high grade, silver, lead and zinc mineralization over prominent widths, within a broader geochemical and structural corridor striking over 2.6 kilometers. This work sets the stage for drilling at Foča during the 2026 exploration season. VANCOUVER, British Columbia, Ja ...