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Prismo Reports High Grade Gold along with Silver, Copper and Zinc Mineralization at Ripsey Mine
Thenewswire· 2025-10-16 07:00
Core Insights - Prismo Metals Inc. has reported high-grade assay results from the Ripsey Mine Project in Arizona, confirming significant mineralization over a strike length of approximately 600 meters, which enhances the drill potential of the site [1][2][4] Group 1: Ripsey Mine Project - The initial assay results from the Ripsey Mine include high-grade gold, silver, copper, and zinc, with one sample showing 14.7 g/t Au, over 100 g/t Ag (results pending), 3.28% Cu, and 3.26% Zn [2] - The exploration work at Ripsey is being conducted alongside preparations for drilling at the Silver King project, allowing for efficient resource allocation and synergy between the two projects [2][4] - The Ripsey project has no minimum exploration expenditure requirements during its five-year term, providing flexibility in budget allocation [2][4] Group 2: Silver King Project - Additional assays from the Silver King project have identified new drill targets, including two additional veins and zones of replacement mineralization [11] - The geological observations at Silver King suggest the presence of a porphyry system, with historical data indicating significant mineralization potential [11][20] - An induced polarization (IP) survey is scheduled to commence soon to further evaluate the property [13] Group 3: Company Overview - Prismo Metals Inc. is focused on advancing its mining projects, including Silver King, Ripsey, and Hot Breccia in Arizona, as well as the Palos Verdes silver project in Mexico [23]
Paradigm Gold Extends Closing of Non-Brokered Private Placement
Newsfile· 2025-10-14 22:07
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Paradigm Gold Corporation (TSXV: PDQ) ("Paradigm" or the "Company") has extended 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 proceeds of $1,050,000.The Company will issue up to 6,000,000 flow-through units ("FT Units") at a price of $0.125 per FT Unit to raise $750,000, and issue up to 3,000,000 non-flow-through units ("NFT U ...
Decade Resources Reports First Assays from the North Mitchell Property Indicate High Gold and Silver
Newsfile· 2025-10-14 18:21
Core Insights - Decade Resources Ltd. has reported initial high-grade assay results from the North Mitchell Property, indicating significant potential for gold and silver resources in a region known for its rich mineral deposits [1][7]. Summary by Sections Assay Results - The first certified assay results from surface sampling on the North Mitchell Property show high metal content, with notable values including 45.0 g/t Au and 60.4 g/t Ag from one sample [5][9]. - Other significant assay results include 11.6 g/t Au and 53.92 g/t Ag, and 1.05 g/t Au and 4.23 g/t Ag from different locations on the property [5][9]. Nearby Major Deposits - The North Mitchell Property is strategically located near several major deposits, including Seabridge Gold's KSM and Snowfield deposits, and Newmont's Brucejack Mine, which are among the largest gold and copper resources globally [1][3]. - The report includes a table of nearby deposits with their respective categories, tonnage, grades, and contained metals, highlighting the potential for similar mineralization on the North Mitchell Property [3][6]. Management Commentary - The President of Decade Resources expressed excitement over the initial assay results, emphasizing the potential for both porphyry copper-gold and high-grade epithermal gold systems due to the geological features observed [7]. Next Steps - The company plans to conduct detailed mapping and sampling programs over key structural zones to further investigate the mineral potential of the North Mitchell Property [10][17]. - A maiden drill program is anticipated to commence in the 2026 season, contingent on permitting and financing [17].
Maxus Mining and Palliser Exploration Complete Successful 2025 Exploration Programs Across Four Critical Mineral Properties
Globenewswire· 2025-10-14 12:00
Core Insights - Maxus Mining Inc. has successfully completed its 2025 ground exploration program across four critical minerals projects in British Columbia, Canada, on time and on budget [1][3][4] Exploration Program Overview - The exploration program involved detailed prospecting, mapping, and sampling across the Quarry, Hurley, Lotto, and Alturas projects, with over 200 grab samples collected and submitted for analysis [4][5] - The program aimed to validate historical mineralization occurrences and confirm multiple showings of mineralization across the projects [4] Project Highlights - **Alturas East**: Confirmed locations of historic adits and identified a strongly oxidized fault zone with visible sulphide mineralization, indicating a potentially mineral-rich geological environment [5] - **Alturas West**: Identified accessible ground suitable for drill site preparation, building on 2024 surface sampling results that returned exceptional grades of up to 69.98% antimony [5] - **Hurley Property**: Confirmed visible stibnite mineralization and historic antimony showings, validating the project's high-grade critical mineral potential [5] - **Quarry Property**: Sampled numerous galena-bearing quartz veins, strengthening the case for widespread lead-silver mineralization [5] - **Lotto Property**: Uncovered broad areas of oxidation and intrusive rock units, indicating a highly prospective geological setting for critical mineral mineralization [5] Management Commentary - The CEO of Maxus Mining emphasized that the exploration program marks a significant advancement for the company, highlighting the diverse mineralization styles and the potential for long-term value creation for shareholders [3]
Hayasa Metals Announces Initial Drill Results from Phase 2 Drill Program at Urasar Project
Newsfile· 2025-10-14 10:30
Hayasa Metals Announces Initial Drill Results from Phase 2 Drill Program at Urasar ProjectOctober 14, 2025 6:30 AM EDT | Source: Hayasa Metals Inc.Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Hayasa Metals Inc. (TSXV: HAY) (OTCQB: HAYAF) ("Hayasa" or the "Company") is pleased to announce that it has received the first batch of geochemical results for drill holes UDD-010, 011, 012, 013, 014 and 016, from the Copper Creek, Golden Vein and Black River prospects at the Urasar ...
Panther Minerals Comments on Bullish Commodity Market, Highlights Enhanced Value Proposition of East Brouillan Property in Quebec
Thenewswire· 2025-10-14 04:20
Core Insights - The article highlights the favorable macroeconomic conditions for Panther Minerals Inc., driven by multi-year high prices in gold and base metals, which positively impacts the company's exploration strategy, particularly at the East Brouillan property in Quebec [1][2][4]. Industry Overview - Global commodity markets are experiencing a significant upward trend, with gold near all-time nominal highs and key base metals showing sustained strength due to persistent inflation, geopolitical uncertainty, and growing industrial demand for critical base metals [2]. - The current pricing environment validates the focus on exploration projects, enhancing project economics and financial leverage for companies like Panther Minerals [3][4]. Company Strategy - Panther Minerals is concentrating on the East Brouillan property, which is strategically located in the Abitibi Greenstone Belt, known for significant mineralization of gold, copper, zinc, and silver [3][5]. - The company believes that the current high metal prices make the prospect of a commercial discovery at East Brouillan more economically compelling than ever [4]. Project Details - The East Brouillan property consists of 14 claims covering approximately 778 hectares in a mineral-rich geological environment [5]. - The property is adjacent to significant historical mining sites, enhancing its exploration potential [3][8]. Financial Implications - Increased metal prices improve the Net Present Value (NPV) and Internal Rate of Return (IRR) of potential discoveries, making future development more attractive [7]. - Higher commodity prices can lower the economic cut-off grade, potentially increasing the size of economically recoverable resources [7]. Exploration Activities - The company is planning the next phase of fieldwork to capitalize on the favorable market conditions, including conducting geochemical and Induced Polarization (IP) surveys at identified target zones [4][19]. - Recent magnetic and VLF surveys have revealed several conductive anomalies, identifying three promising target zones for future exploration [14][19].
Mundoro Announces Option Agreement with BHP for Exploration Licences in Central Timok, Serbia
Newsfile· 2025-10-13 17:00
Core Viewpoint - Mundoro Capital Inc. has entered into a definitive option agreement with BHP Group Limited for exploration licenses in the Central Timok region of Serbia, focusing on copper porphyry systems [1][2][3] Agreement Details - The agreement allows BHP to earn a 100% interest in the BHP-Mundoro Central Timok Project over a 10-year period by funding cumulative exploration expenditures of up to US$ 35 million (C$ 48,877,500) [5][8] - BHP will make escalating annual option payments starting at US$ 323,000 (C$ 451,070), increasing by 2% per year [10] - Mundoro retains a 2% Net Smelter Return royalty upon the exercise of the option [8][10] Exploration Strategy - The collaboration combines Mundoro's local expertise with BHP's global geoscience capabilities to enhance exploration efforts in the Timok region [2][4] - The integrated approach aims to improve targeting capabilities and increase the likelihood of new mineral discoveries [4][3] Project Overview - The BHP-Mundoro Central Timok Project covers approximately 418 square kilometers within the Timok Magmatic Complex, known for its significant mineral deposits [10][11] - Previous investments in the project amount to C$ 15.4 million, with extensive geological surveys and drilling campaigns already completed [13] Target Areas - The project contains numerous targets, with advanced targets including the Skorusa Porphyry System and the Tilva Rosh Prospect, which have shown promising mineralization [14][15]
Bullion Gold Identifies Coarse, Irregular Gold Grains North of Langlade VMS Prospect (Cadillac-Extension Project), Launches Expanded Basal Till Sampling Program.
Newsfile· 2025-10-09 13:00
Bullion Gold Identifies Coarse, Irregular Gold Grains North of Langlade VMS Prospect (Cadillac-Extension Project), Launches Expanded Basal Till Sampling Program.October 09, 2025 9:00 AM EDT | Source: Bullion Gold Resources CorporationMontreal, Quebec--(Newsfile Corp. - October 9, 2025) - Bullion Gold Resources (TSXV: BGD) ("Bullion Gold" or "The Company") is pleased to announce encouraging preliminary results from a test basal till sample collected approximately 150 meters north of the known L ...
Pacific Empire Announces Closing of First Tranche of Financing, Mobilization of Crews to Trident, and Grant of Options
Newsfile· 2025-10-07 12:00
Core Viewpoint - Pacific Empire Minerals Corp. has successfully closed the first tranche of its non-brokered private placement, mobilized crews to the Trident copper-gold project, and granted stock options to key personnel, marking a significant step in advancing its exploration efforts [1][2][10]. Financing Details - The first tranche of the private placement raised gross proceeds of C$1,386,289.95, issuing 21,122,570 Hard Dollar Units and 16,175,000 Flow-Through Units [2][4]. - Hard Dollar Units were priced at C$0.035 each, while Flow-Through Units were priced at C$0.04 each. Each unit includes a common share and a purchase warrant with specific exercise prices and durations [3][5]. Use of Proceeds - Funds from the offering will be allocated to the 2025 diamond drill program at the Trident project and for general working capital [4]. Mobilization and Drilling Plans - Field crews have been mobilized to the Trident property, with drilling expected to commence around October 12, 2025. This program aims to explore previously undrilled porphyry and breccia targets [8][10][18]. - The 2025 drill program is considered a milestone, as it will test high-priority targets that have not been drilled despite over 50 years of exploration history [16][18]. Strategic Importance - The Trident drill program is timely, given the rising global demand for copper driven by electrification and electric vehicle adoption. The project is located in a mining-friendly jurisdiction, enhancing its exploration potential [17][18]. - The combination of historical mineralization, geophysical and geochemical anomalies, and newly permitted access to untested areas presents a unique opportunity for discovery [18]. Stock Options Granted - The company has granted a total of 7,700,000 stock options to officers, directors, and consultants, with an exercise price of C$0.05 per share for a period of five years [10]. Property Overview - The Trident property is an early exploration stage site with significant potential, located approximately 50 km from notable deposits and covering 6,618 hectares with established access [20][21].
QcX Gold to Conduct Prospecting and Soil Sampling on Fernet West Project, Quebec
Newsfile· 2025-10-07 11:00
QcX Gold to Conduct Prospecting and Soil Sampling on Fernet West Project, QuebecOctober 07, 2025 7:00 AM EDT | Source: QcX Gold CorpMontréal, Québec--(Newsfile Corp. - October 7, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is pleased to announce plans to conduct a prospecting and soil sampling program across the Fernet West project in the northern Abitibi region of Québec, Canada. The gold-focused field campaign will target structural and lithologi ...