Workflow
Mineral Resource Estimate
icon
Search documents
Doubleview Gold Corp Announces Increased Footprint and Potential Volume at Its Hat Polymetallic Deposit in Northwestern British Columbia
Newsfile· 2025-10-01 11:45
Core Insights - Doubleview Gold Corp. has announced significant assay results from recent drill holes at its Hat Project, indicating an increased footprint and potential volume of the polymetallic deposit in Northwestern British Columbia [2][5][18] Summary by Sections Assay Results - Recent drill holes H093, H094, H095, and H096 have shown promising results, with significant copper equivalent (CuEq) values reported [3][5] - Notable intercepts include: - H093: 640.7m with 0.34% CuEq, including 133m with 1.03% CuEq [5] - H094: 510.0m with 0.22% CuEq [5] - H095: 110m with 0.91% CuEq [5] - H096: 681.4m with 0.37% CuEq, including 71.0m with 1.01% CuEq [5] Expansion of Mineralized Zone - The drilling results have expanded the apparent volume of the mineralized zone, extending beyond the previously outlined conceptual pit wall [5][12] - The footprint of the deposit has increased by approximately 400m x 330m [5][12] Future Assessments - The results will be incorporated into the ongoing Preliminary Economic Assessment (PEA) and a revised Mineral Resource Estimate (MRE) [5][18] - Additional assay data is expected to be released soon as drilling continues [5][18] Company Overview - Doubleview Gold Corp. is focused on the exploration and development of critical minerals, including copper, gold, cobalt, and scandium [25][27] - The Hat Deposit is recognized as a significant source of critical minerals in the region, with a resource estimate indicating substantial tonnage and metal content [27][28]
Sierra Madre Announces Nazareno Silver and Gold Mine Preparing for Production
Newsfile· 2025-09-30 11:00
Core Insights - Sierra Madre Gold and Silver Ltd. has commenced underground development at the Nazareno silver and gold mine within the La Guitarra complex in Mexico, with over 700 tonnes of mineralized material already delivered to the processing plant [1][2] - The company anticipates that Nazareno will significantly contribute to silver and gold production, with plans to more than double processing capacity from 500 tonnes per day by Q3 2027 [2] - Recent development blasting has revealed multiple silver and gold-bearing veins merging into a zone up to 8 meters wide, indicating potential for increased resource extraction [2][7] Mineral Resource Estimate - The 2023 Mineral Resource Estimate for Nazareno includes: - Indicated: 309,877 tonnes with 257.3 g/t AgEq, 214.9 g/t Ag, and 0.55 g/t Au, totaling 2,564,000 AgEq ounces - Inferred: 753,784 tonnes with 251.5 g/t AgEq, 229.2 g/t Ag, and 0.29 g/t Au, totaling 6,096,000 AgEq ounces [4][6] Production Grades - A reconciliation of the silver-gold material produced from development blasting shows that production silver grades are 40% higher and gold grades are 30% higher than those in the 2023 resource model [3][4] Development Plans - Initial development work at Nazareno will involve blasting to fully expose the mineralized zone and assessing the feasibility of long hole mining [7] - The company has acquired a new Ingertrol Sandy 50 drill rig to enhance drilling capabilities, which will reduce development costs by allowing for shorter drilling from a single drive [10][11] Marketing and Social Media Engagement - Sierra Madre has engaged Capital Analytica for marketing and social media services for an initial six-month term at a fee of $120,000 (U.S.), subject to TSX-V approval [12]
Q2 Metals Reports Multiple Wide, Mineralized Intercepts at the Cisco Lithium Project, Including 272.5 Metres at 1.61% Li20
Globenewswire· 2025-09-29 11:00
Highlights: Three (3) drill holes from the 2025 drill program with strong analytical results are reported herein: CS25-036: nine (9) separate intervals, the widest being 272.5 m at 1.61% Li2O. CS25-038: 17 separate intervals, the widest being 66.5 m at 1.55% Li2O and 58.9 m at 1.09% Li2O. CS25-039: 12 separate intervals, including: 108.5 m at 1.62% Li2O,71.0 m at 1.84% Li2O, 77.7 m at 1.48% Li2O, and107.4 m at 1.87% Li2O Three (3) drill rigs continue to operate on the Cisco Project, with a fourth schedul ...
Renforth Declares Initial Victoria Nickel Polymetallic Mineral Resource Estimate in Malartic, Quebec of 125 Million Tonnes Grading 0.15% NiEq in an Open Pit
Thenewswire· 2025-09-26 12:00
Core Insights - Renforth Resources Inc. has reported an Initial Mineral Resource Estimate for the Victoria project, indicating a pit constrained in situ of 413 million lbs of nickel equivalent over a 2.5 km strike length [1][2][5] Mineral Resource Estimate - The Inferred Mineral Resource classification includes 125 million tonnes with a nickel grade of 0.12%, copper at 0.02%, cobalt at 0.01%, zinc at 0.08%, and silver at 0.38 g/t, resulting in a nickel equivalent grade of 0.15% [2] - The mineralization is hosted in interlayered ultramafic and black shale bands, with a total width of up to 500 meters and a strip ratio of less than 1:1 in a 200m deep pit [3][4] Geological and Structural Insights - The Victoria structure runs approximately 20 km with mineralization occurring at or near the surface, with thicknesses observed up to 500 meters [10] - The geological model indicates a modified magmatic Ni-Cu-Co sulphide deposit, with characteristics similar to the "Outokumpu" deposits in Finland [8][9] Future Plans and Exploration - The company plans to continue metallurgical sorting optimization tests and further drilling to grow and upgrade the Mineral Resource ahead of a Preliminary Economic Assessment (PEA) [5][22] - Ongoing exploration will evaluate the presence of a larger ultramafic magmatic system and assess the carbon sequestration capacity of the ultramafic material [22][24] Metallurgical Testing - Initial metallurgical testing has shown that it is possible to liberate copper, nickel, and zinc by flotation, indicating distinct flotation conditions may be required for high-grade concentrates [24][27] - The testing results indicate high recovery rates of copper and nickel, with significant portions contained in specific minerals [25][26]
G2 Goldfields Closes C$49.5 Million Private Placement
Globenewswire· 2025-09-25 20:59
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO; OTCQX:GUYGF) is pleased to announce that it has completed the non-brokered private placement announced by the Company on September 11, 2025 (the “Offering”). The Offering consisted of 15,000,000 common shares of the Company (the “Shares”) at a price of C$3.30 per Share, for aggregate gross proceeds of C$49,500,000. The net pro ...
Omai Gold Drills 3.08 g/t Au over 25.8m, 6.84 g/t Au over 9.5m, and 1.52 g/t Au over 37.5m at Wenot Deposit; Provides Update on Deep Hole Beneath Wenot Deposit
Newsfile· 2025-09-24 11:47
Omai Gold Drills 3.08 g/t Au over 25.8m, 6.84 g/t Au over 9.5m, and 1.52 g/t Au over 37.5m at Wenot Deposit; Provides Update on Deep Hole Beneath Wenot DepositSeptember 24, 2025 7:47 AM EDT | Source: Omai Gold Mines Corp.Toronto, Ontario--(Newsfile Corp. - September 24, 2025) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) ("Omai Gold" or the "Company") is pleased to announce additional assay results from the ongoing 2025 drill program on its 100% owned Omai Gold Project in Guyana, South Am ...
Zacatecas Silver Closes First Tranche of Private Placement
Globenewswire· 2025-09-24 02:18
Core Points - Zacatecas Silver Corp. has closed the first tranche of its private placement financing, issuing 38,449,335 units at $0.06 per unit, resulting in gross proceeds of $2,306,960 [1] - The company plans to complete the final tranche by September 29, 2025 [1] Financing Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.10 per share for two years [2] - The company can accelerate the expiry date of the warrants if the share price exceeds $0.20 for 20 consecutive trading days [2] - Finders fees of $113,297.19 were paid, and 1,888,286 non-transferable finders share purchase warrants were issued [3] Use of Proceeds - Proceeds from the offering will fund a drilling campaign on the Zacatecas Silver Project, strategic initiatives, and working capital [4] Related Party Transaction - A holding corporation of the CEO subscribed for 500,000 units for $30,000, which is considered a related party transaction [5] Company Overview - Zacatecas Silver Corp. has two key projects: the Esperanza Gold Project and the Zacatecas Silver Project, both located in Mexico [6] - The Esperanza project has a measured and indicated mineral resource estimate of 30.5 million tonnes at 0.97 g/t AuEq, totaling 956 thousand ounces AuEq [7] - The Zacatecas Silver Project is located in the Fresnillo silver belt, with a mineral resource estimate of 2.7 million tonnes at 187 g/t AgEq, totaling 16.4 million ounces AgEq [8]
Equity Metals Reports Shallow Extensions of the No. 3 Vein to the Northwest of Historic Workings, Silver Queen Property, BC
Newsfile· 2025-09-23 13:30
Equity Metals Reports Shallow Extensions of the No. 3 Vein to the Northwest of Historic Workings, Silver Queen Property, BCSeptember 23, 2025 9:30 AM EDT | Source: Equity Metals CorporationVancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - Equity Metals Corporation (TSXV: EQTY) ("Equity") reports new precious and base metal assays from the Summer '25 drill program on its 100% owned Silver Queen Au-Ag project, British Columbia, which continue to extend the lateral projection o ...
Thunder Gold Announces Fully Funded Phase Three Drill Program at Tower Mountain
Newsfile· 2025-09-23 11:30
Core Viewpoint - Thunder Gold Corp. has announced a fully funded Phase Three drill program at its Tower Mountain Gold Property, which is expected to enhance resource definition and exploration potential in a favorable market environment for gold [1][6][9]. Group 1: Drill Program Details - The Phase Three drill program is set to begin on October 1, 2025, with a total of 2,000 meters planned, focusing approximately 70% on infill drilling along the 1,800-meter western contact of the Tower Mountain Intrusive Complex (TMIC) [9]. - The program aims to close gaps in drill coverage, strengthen geological confidence, and move towards an initial Mineral Resource Estimate (MRE) for the western contact of the TMIC [5][9]. - Significant results from the Phase Two drilling have validated the continuity of mineralization and demonstrated strong potential for expanding the mineralization footprint [9][10]. Group 2: Geological Insights - The 3738-Target area has been tested with seven holes, indicating a weight-averaged grade of 0.93 g/t Au over an average downhole interval of 77.0 meters [7]. - The A-Target has shown a weight-averaged grade of 1.29 g/t Au over an average interval length of 22.7 meters, with significant results indicating sub-vertical continuity of mineralization [12]. - The Phase Three program will include additional holes to further explore the down dip continuation of the A-Target and the 3738-Target [13][14]. Group 3: Market Context and Strategic Positioning - With gold prices at multi-year highs, the company is well-positioned to accelerate resource definition while exploring the broader TMIC perimeter [6][9]. - The strategy focuses on establishing a robust, near-surface, open-pittable resource that could serve as a foundation for future mining operations, while also preserving the potential for systematic discovery across the 2,500-hectare property [6][9]. - The Tower Mountain Gold Property is strategically located near existing infrastructure, enhancing its attractiveness for future development [20][21].
Renforth Attending Munich Mining Conference, Company Update
Thenewswire· 2025-09-22 12:00
Core Points - Renforth Resources Inc. will participate in the Munich Mining Conference on October 3rd and 4th, presenting on October 4th at 10 am local time, with 109 companies and over 1,000 investors expected to attend [1] - The company is advancing its maiden Mineral Resource Estimate (MRE) for the Victoria mineralized system, aiming to declare a nickel polymetallic resource over approximately 2.5 km of the drilled strike within a 20 km long structure, with the estimate release anticipated in the fall [2] - New detailed geophysical data has been obtained covering areas near the Beaupré discovery and a portion of the Parbec gold deposit, which includes nearly half of the Cadillac Break and Pontiac sediments, and this data is being integrated into project evaluations [3]