Up to 40,000 metres of drilling planned for 2026, including 5,000 metres at TororumeVANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Pecoy Copper Corp. (“Pecoy Copper” or the “Company”) (TSXV: PCU; FSE: D5E; OTCQB: PCUUF) is pleased to announce details of its 2026 exploration program at the Company’s flagship Pecoy Copper-Gold-Molybdenum-Silver Project (“Pecoy” or the “Project”) located in southern Peru, together with planned drilling at the nearby Tororume Project, highlighting the Company’s ...

Core Viewpoint - Precipitate Gold Corp. has completed a comprehensive technical review and evaluation of exploration data from Barrick Mining Corporation, leading to the identification of significant high chargeability anomalies at the Pueblo Grande Project, which is adjacent to the Pueblo Viejo mine in the Dominican Republic [1][4]. Group 1: Technical Review and Survey Findings - The technical review incorporated US$7.2 million in exploration expenditures by Barrick over five years, identifying previously untested IP chargeability features in the Pueblo Grande Norte zone [4][9]. - A focused 3-line deep-penetrating 2D IP survey confirmed the presence of a cluster of high chargeability anomalies measuring approximately 800 meters north-south and over 450 meters east-west, at depths ranging from 100 to 330 meters [4][9]. - The chargeability anomalies suggest an epithermal alteration system with a shallow south-dipping alteration blanket, potentially containing strong internal lobes and underlying vertical feeder structures [4][9]. Group 2: CEO Commentary and Future Plans - The CEO expressed excitement over the new drill targets identified from the data review and IP survey, emphasizing the ease of access and existing drill permits for rapid advancement to the drill stage [3]. - The emergence of these new anomalies at Pueblo Grande adds to the company's near-term drill plans, alongside ongoing priorities at the Juan de Herrera project [3]. Group 3: Historical Context and Exploration Strategy - Historical exploration by Barrick included 3D induced polarization surveys and nine drill holes, but none tested the newly identified high chargeability anomalies [9]. - The new IP survey utilized advanced methodologies to validate and refine the chargeability features, indicating a strategic approach to exploration that leverages both historical data and new technologies [9][11].

Vancouver, British Columbia--(Newsfile Corp. - January 21, 2026) - Lancaster Resources Inc. (CSE: LCR) (OTC Pink: LANRF) (FSE: 6UF0) ("Lancaster" or the "Company") is pleased to report results from recent field work at its 100% owned Lake Cargelligo Gold Project in New South Wales, Australia. Field work undertaken in December 2025 included meetings with landowners to advance access agreements, and geological mapping and rock chip sampling of new prospect areas that were guided by interpretation of LiDAR da ...

Core Viewpoint - Alamos Gold Inc. is advancing its exploration efforts in the Mulatos District, with significant new drilling results indicating the extension of high-grade gold mineralization at Puerto Del Aire (PDA) and new discoveries at Cerro Pelon and Halcon, which are expected to enhance the company's mineral resources and production potential by mid-2027 [1][2][3]. Exploration and Drilling Results - Ongoing surface exploration drilling has successfully extended high-grade gold mineralization beyond existing Mineral Reserves at PDA and Mineral Resources at Cerro Pelon [1][5]. - Significant sulphide-hosted gold mineralization has been intersected at Halcon, representing a new area of focus for potential higher-grade ore [1][6]. - The 2025 exploration program involved a total expenditure of $20 million, with 56,117 meters drilled across 170 holes, including 21,394 meters focused on Cerro Pelon [8][10]. Mineral Resource Growth - The company has defined over one million ounces of Mineral Reserves at PDA and an initial Mineral Resource at Cerro Pelon, with ongoing success expected to drive further resource growth [3][10]. - Cerro Pelon has an initial Measured and Indicated Mineral Resource totaling 104,000 ounces, grading 4.49 g/t Au, and remains open in multiple directions for further expansion [10][11]. Project Development Timeline - The PDA project is on track for initial production by mid-2027, with construction activities ramping up following the receipt of an amended environmental permit [2][9]. - The planned addition of a mill to process higher-grade sulphide ore from PDA is anticipated to create new growth opportunities within the Mulatos District [2][10]. Significant Drilling Highlights - New drilling results at PDA include notable intercepts such as 5.60 g/t Au over 23.85 m and 12.95 g/t Au over 4.25 m, indicating robust mineralization [5][19]. - At Halcon, significant intercepts include 3.04 g/t Au over 47.60 m, showcasing the potential for additional high-grade sulphide mineralization [22][19].

Core Insights - C3 Metals Inc. announced significant results from the second drill hole at its Khaleesi copper project in southern Peru, indicating promising mineralization with high-grade copper and gold intercepts [1][5][6] Drill Results - The second drill hole, KHZ5800-002, intersected 51.1 meters at 0.54% copper, 0.31 g/t gold, 3.21 g/t silver, and 6 ppm molybdenum, with a copper equivalent (CuEq) of 0.86% from a depth of 339.6 meters [1][3] - Within this interval, a higher-grade section of 39.1 meters at 0.66% copper and 1.06% CuEq was noted, including 18.0 meters at 1.08% copper and 1.85% CuEq [1][3][5] - A near-surface intercept of 8.0 meters at 0.42% copper and a deeper intercept of 13.2 meters at 0.29% copper were also reported [1][13] Geological Context - The high-grade mineralization style observed in KHZ5800-002 represents a new porphyry-style mineralization overprinting garnet skarn, differing from the first hole which primarily showed magnetite skarn [5][6] - The project is located in the Andahuaylas-Yauri Belt, known for large copper skarn and porphyry deposits, with nearby operating mines such as Las Bambas and Constancia [25][28] Future Exploration Plans - The company plans to conduct additional drilling to further explore the high-grade zone and to test the source of the quartz veining observed in the current drill hole [12][22] - Approximately 4,200 meters of the planned 6,300-meter drilling program have been completed, with assays pending for six holes [18][22] Company Overview - C3 Metals Inc. focuses on mineral exploration, holding approximately 31,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt, which includes the Khaleesi and Jasperoide projects [28] - The company aims to create value through the discovery and development of large copper and gold deposits, with ongoing exploration activities in both Peru and Jamaica [28]

Val-d'Or, Quebec--(Newsfile Corp. - January 21, 2026) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce details of the 2026 exploration program, which includes deep-drilling at Barry, being led by a 100% indirect subsidiary of Gold Fields Ltd ("Gold Fields") at the Phoenix JV (the "Project"). The Project is under a definitive earn-in and joint venture agreement (the "JV Agreement") with Gold Fields. Under the JV Agreement, Gold Fields has ...

Core Viewpoint - Azimut Exploration Inc. has initiated a new diamond drilling program of at least 5,000 meters on the Fortin Zone (antimony-gold) at its 100% owned Wabamisk Property in Quebec, Canada, which is recognized as one of the most significant antimony mineralized systems in Canada [1][2]. Drilling Program - The new drilling program aims to deepen the exploration of the Fortin Zone to identify potential gold enrichment associated with a vertical antimony-gold zoning, which has been observed in various deposits globally [3]. - A total of 86 drill holes (12,286 meters) have been completed on the Fortin Zone and surrounding targets since its discovery in 2024, with a distinct gold target being delineated immediately south of Fortin [2]. Metallurgical Tests and Market Studies - SGS Canada has been commissioned to conduct initial metallurgical tests on the mineralized material from Fortin and to assess global demand for such products [4]. Gold Target Evaluation - Significant results obtained since 2024 support a comprehensive reevaluation of the gold potential of the Wabamisk Property, with geophysical work, prospecting, and drilling planned on priority targets [5]. - The second phase of drilling included 35 holes (5,890 meters) with an average spacing of 100 meters, revealing that 29 holes (83%) contain antimony mineralization with grades exceeding 0.2% Sb, including 19 holes with gold grades above 0.5 g/t Au [6]. Mineralized Body Geometry - The Fortin Zone is at least 1.8 kilometers long, determined by 58 mineralized drill holes, within a broader prospective corridor of 2.4 kilometers [9]. - The mineralized intervals show thicknesses ranging from 5 meters to 50 meters, with an average thickness of approximately 25 meters, and the zone remains open at depth [10]. Geological Context - The antimony-gold mineralized system is associated with a massive hydrothermal alteration zone, suggesting a significant vertical extension of the mineralized unit [11][12]. - The mineralization is characterized by a dense network of quartz veins and is associated with various sulfides, indicating a complex geological environment [13]. Strategic Importance of Antimony - Antimony is classified as a critical mineral by Canadian and U.S. governments, with significant global production concentrated in China, Tajikistan, and Russia [16]. - The volatility in antimony prices due to supply shortages and trade disputes highlights the importance of diversifying supply chains for critical minerals outside of China [16]. Property Overview - The Wabamisk Property, covering 356 square kilometers, is strategically located near other significant mining projects, enhancing its exploration potential [17][18]. - The property is fully owned by Azimut and includes adjacent claims that are primarily explored for lithium, indicating a diversified mineral exploration strategy [17].

Core Viewpoint - Azimut Exploration Inc. has initiated a new diamond drilling program of at least 5,000 meters on the Fortin antimony-gold zone, which is evolving into one of Canada's largest antimony-bearing mineralized systems, with significant exploration and metallurgical testing underway [2][3][4]. Drilling Program - The new drilling program aims to explore the Fortin Zone at depth for potential gold enrichment related to antimony-gold vertical zonation, with a preliminary 3D modeling of the mineralized body in progress [4]. - A total of 86 holes have been drilled on the Fortin Zone and surrounding targets since its discovery in 2024, with 35 holes (5,890 meters) drilled in the second phase, showing promising results [3][7]. Assay Results - In the second phase, 29 holes (83%) returned antimony mineralization with grades above 0.2% Sb, including 19 holes with gold grades above 0.5 g/t Au [7]. - Notable assay results include: - Hole WS25-74: 0.24% Sb over 23.5 m, including 1.33% Sb over 2.05 m [7] - Hole WS25-67: 0.89% Sb, 0.65 g/t Au over 41.9 m, including 1.05% Sb, 1.88 g/t Au over 13.5 m [9]. Metallurgical Tests and Market Studies - SGS Canada has been commissioned to conduct initial metallurgical tests on the mineralized material from the Fortin Zone and assess global market demand for antimony products [5][18]. Geological Context - The Fortin Zone is associated with a massive albitic stratiform hydrothermal alteration zone, with evidence of strong albitic alteration and a multi-kilometre lateral continuity suggesting a significant vertical extent [13][14]. - Antimony-rich systems are rare in Archean settings in Québec, and the mineralized zone may transition to a deeper gold-rich zone, highlighting its geological significance [16]. Strategic Importance - Antimony is recognized as a critical mineral by various governments, with significant supply shortages impacting its market. The price volatility and supply chain concerns emphasize the importance of diversifying sources outside of China, which dominates global production [18]. - The Wabamisk Property, covering 356 km², is strategically located in a prospective belt in the James Bay region, enhancing its exploration potential for both antimony and gold [19][20].

Company Overview - EcoGraf (ASX: EGR) has reported strong results from its maiden exploration at the Hazina prospect within the Southern Frontier gold project in Tanzania, indicating potential for significant gold mineralisation [1] - The Southern Frontier project is part of EcoGraf's Golden Frontier portfolio, which includes other projects such as Northern Frontier and Western Frontier, all prospective for orogenic gold [4] Exploration Results - Initial reconnaissance identified a fine, coarse, and heavy mineral concentrate with grades exceeding 100 parts per billion gold, peaking at 8820 parts per billion [2] - Four rock chip samples returned a maximum of 4,450 parts per billion gold (or 4.42 grams per tonne), suggesting potential for a Proterozoic gold discovery comparable to the 1 million ounce Handeni deposit and the 1.1 million ounce New Luika mine [3] Project Details - The Southern Frontier project includes multiple targets such as Hazina, Johari North, Jahari South, Tunu North, and Tuna South, located approximately 15 kilometers south of EcoGraf's flagship Epanko graphite project [5] - The latest high-grade results align with a geophysical anomaly, supporting the company's initial mineralisation model for the project [5] Future Plans - Further work will focus on enhancing understanding of the mineralisation and moving the Southern Frontier project towards drill-ready status [6] Industry Context - Tanzania has a well-established gold mining industry, with over 70 million ounces of resources in the Lake Victoria goldfields and three Tier 1 operating gold mines [7][8] - The country's gold sector is rapidly growing, supported by robust policy frameworks and a strategic move towards domestic refining [8] Executive Appointment - EcoGraf has appointed mining executive John Ciganek as general manager of corporate development to help deliver the company's growth vision and capitalize on global demand for sustainable battery materials [9] - Ciganek has over 30 years of experience in the industry and has raised more than $5 billion for resource projects globally [10][11]

Core Viewpoint - Americas Gold and Silver Corporation has announced strong exploration drilling results at the Galena Complex, highlighting significant growth potential with the discovery of eight new high-grade silver-copper-antimony splay veins associated with the 034 Vein [1][2][3] Exploration Results - The exploration diamond drilling from the 5200 Level of the Galena Mine has defined eight new high-grade silver-copper-antimony splay veins, creating a new area known as the "034 Vein Complex" [2] - Significant grades were intersected in both the hanging wall and footwall of the 034 Vein, with a total of 23 additional diamond drill holes drilled into the vein [4] Key Intercepts - Key intercepts from the recent drilling campaign include: - Hole 52-5201: 1.17 m width with 1,777 g/t Ag, 1.03% Pb, 0.80% Cu - Hole 52-5280: 0.72 m width with 2,067 g/t Ag, 1.79% Pb, 1.58% Cu - Hole 52-5310: 0.25 m width with 5,225 g/t Ag, 3.51% Pb, 3.42% Cu - Hole 52-5340: 0.50 m width with 4,458 g/t Ag, 3.34% Pb, 1.50% Cu - Hole 52-5811: 1.01 m width with 1,046 g/t Ag, 1.73% Pb, 0.69% Cu - Hole 52-5830: 0.25 m width with 5,443 g/t Ag, 5.04% Pb, 4.19% Cu [5] Economic Potential - Preliminary estimates suggest an overall exploration target of 550-650k tonnes at grades of 290-310 g/t silver, 0.20-0.30% copper, and 0.15-0.20% antimony for the new splay veins [7] - The 034 Vein Complex has potential economic continuity from the 5200 Level to the 5500 Level, indicating a vertical extent of 100 meters and remains open both up-dip and at depth [6] Mining Opportunities - The 034 Vein Complex is crossed by current development on the 5200 and 5500 Levels, presenting multiple mining opportunities that are being evaluated for inclusion in the 2026 mine plan [8] Company Overview - Americas Gold and Silver Corporation is a rapidly growing North American mining company focused on producing silver, copper, and antimony from high-grade operations in the U.S. and Mexico [11] - The company acquired 100% ownership of the Galena Complex in December 2024, positioning it as a cornerstone U.S. silver asset and the largest antimony mine in the nation [11]