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WestKam Gold Corp. Announces Prospecting and Soil Sampling Results for Will Property, Mt. Williams, B.C.
Globenewswire· 2026-01-20 17:04
Vancouver, B.C. , Jan. 20, 2026 (GLOBE NEWSWIRE) -- WestKam Gold Corp. (the “Company” or “WestKam”) is pleased to announce the results of a helicopter-assisted, soil sampling survey completed on the Will Claim. The sampling program was conducted in late September 2025 to test gossanous areas interred to contain altered ultramafics on the Company’s 100%-owned Will Project, located on Mt. Williams near Goldbridge, British Columbia. The Will Project encompasses 1,142.47 hectares of highly prospective terrain a ...
Diamond Drilling Underway at Mink Ventures’ Warren Property
Globenewswire· 2026-01-20 13:45
Core Viewpoint - Mink Ventures Corporation has initiated a winter diamond drill program at its Warren Ni Cu Co Property in Timmins, Ontario, with plans to transition to the Montcalm Ni Cu Co Property later in January [1]. Group 1: Warren Property Update - The primary focus of the drilling at the Warren Property is the "A" Zone, which shows high potential for nickel and copper, particularly enriched in copper at the surface [2]. - Recent exploration identified a significant Mise-a-la-Masse (MALAM) anomaly with a strike length of approximately 500 meters and a width of 200 meters, coinciding with surface trenches that exhibit substantial Cu, Ni, and Co values in semi-massive to massive sulphides [2]. - Geologists have re-evaluated the A Zone, indicating that the higher-grade mineralized zone is a broad, flat-lying body with a shallow plunge to the north, which was not adequately assessed by past inclined drilling [3]. Group 2: Additional Drilling Plans - The drill program will also test the North Zone, which has not been previously drilled, where grab samples returned values as high as 0.967% Ni and 0.07% Co [4]. - The "D" Zone will be included in the drilling program, characterized by a 50-meter wide, trenched sulphide-rich zone, with historical chip samples showing 0.5% Ni over 9.14 meters [4]. - Recent assays from summer prospecting efforts revealed anomalous copper values ranging from 0.216% to 0.252% and nickel values from 0.139% to 0.171% [4]. Group 3: Company Overview - Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals such as nickel, copper, and cobalt at its Warren and Montcalm projects in the Timmins area [8]. - The Montcalm Project is located adjacent to Glencore's former Montcalm Mine, which historically produced 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu, and 0.051% Co [8]. - The Warren Ni Cu Co Project spans 1,130 hectares and is situated 35 kilometers from Montcalm, both projects being drill-ready and well-supported by infrastructure [8].
Rapid Growth of High Grade Core Continues at La Verde
Prnewswire· 2026-01-20 12:00
Core Insights - Hot Chili Limited has reported significant assay results from its La Verde copper-gold discovery, highlighting the strategic importance of this project against a backdrop of record copper and gold prices [2][4][12] Drilling Results - The latest diamond drillhole DKD033 recorded 495 meters grading 0.38% copper and 0.10 g/t gold from a depth of 3 meters, including 123 meters grading 0.50% copper and 0.13 g/t gold from 289 meters depth [6][7] - Drillhole DKD034 returned 426 meters grading 0.37% copper and 0.08 g/t gold from 194 meters depth, with notable intersections including 220 meters grading 0.43% copper and 0.10 g/t gold from 322 meters depth [9][6] - The results indicate a significant expansion of La Verde's high-grade core, with further assays pending for six additional drillholes [5][11] Project Significance - Costa Fuego is identified as one of the few independent, large-scale, near-term copper projects globally, with a notable leverage to copper prices; for every US$0.10/lb increase in copper price above US$4.30/lb, the project's NPV increases by approximately US$100 million [3][12] - The addition of La Verde is expected to enhance the financial metrics of Hot Chili's March 2025 Pre-feasibility Study, with long-term consensus prices for copper and gold significantly higher than previous assumptions [12][3] Future Plans - Diamond drilling activities have resumed as of January 12, 2026, with plans to target further expansions of La Verde's high-grade core and additional lateral extensions [13][19] - The company anticipates providing further results as assays are received, indicating ongoing exploration efforts [13][11]
Prince Silver More Than Doubles Land Position at The Prince Silver Project
Accessnewswire· 2026-01-20 12:00
Core Insights - Prince Silver Corp. has staked approximately 656 acres of new mineral claims, significantly expanding its land position in the Pioche Mining District, Nevada [1][2] - Recent assay results from the ongoing reverse circulation drill program show promising grades of silver and other minerals, indicating strong mineralization [1][2] - The newly acquired claims enhance the company's ability to evaluate extensions of mineralization along the Great Western Fault corridor, which is crucial for future exploration and resource estimation [2][4] Company Developments - The decision to stake additional claims was based on a better understanding of the geological system and the consistency of mineralization encountered in the current 9,000-metre drill program [2] - The new claims more than double the company's previous land position and are strategically located along a regional fault structure that is believed to facilitate mineralization [2] - The company aims to advance the project towards its first NI 43-101 compliant mineral resource estimate, highlighting its commitment to modern exploration methods [2][6] Industry Context - The Pioche Mining District is recognized for its historical silver production, with mineralization typically found in Carbonate Replacement Deposit systems and along fault lines [3] - Historical mining focused on high-grade fissure veins, leaving potential for broader near-surface mineralization that can be explored with modern techniques [3] - The additional claims provide flexibility for future drill targeting and project development, as the company continues to define the regional mineral system [4]
Canamera Provides Exploration Update on Schryburt Lake Rare Earths Project and Engages First Nations Consultant
TMX Newsfile· 2026-01-20 11:00
Core Insights - Canamera Energy Metals Corp. is advancing its Schryburt Lake Rare Earths Project in northwestern Ontario, highlighting the engagement of Andrew Best as Manager of Indigenous Relations to enhance community engagement initiatives [1][3]. Project Overview - The Schryburt Lake Project consists of 255 mineral claims covering approximately 4,948 hectares, located 52 km east of Orla Mining's Musselwhite Mine and 136 km north-northeast of Pickle Lake, with road access within 30 km of the property [4]. - Canamera holds an option to earn up to a 90% interest in the Project from Bindi Metals Limited, subject to a 1% net smelter returns royalty [4]. Geological and Exploration Insights - The Project is characterized by a carbonatite-hosted REE and niobium system with four priority targets: Blue Jay, Goldfinch, Blackbird, and Starling, defined by thorium radiometric anomalies and magnetic bodies [2][5]. - Historical exploration has included various methods such as ground magnetics, trenching, and drilling, with recent advancements including 50 rock grab samples and a 500 line-km helicopter-borne magnetic and radiometric survey [6]. Target Descriptions - **Blue Jay**: Flagship target with potential for a coherent body extending to approximately 1,000 m depth over 650 m width [6]. - **Goldfinch**: Niobium-rich system with a broad thorium anomaly measuring approximately 1,000 m x 800 m, indicating a substantial body extending to approximately 850 m depth over 1,000 m width [6]. - **Blackbird**: Newly identified prospect with a surface anomaly of approximately 230 m x 190 m and a thorium anomaly of approximately 400 m x 350 m, suggesting a vertically extensive body extending to approximately 800 m depth over 400 m width [6]. - **Starling**: Defined by a geochemical anomaly of approximately 300 m x 200 m and a thorium anomaly measuring approximately 750 m x 550 m, indicating a concealed body extending to approximately 600 m depth over 750 m width [7]. Indigenous Relations - Andrew Best, with over 30 years of experience, has been appointed to foster relationships with local First Nations communities, emphasizing the company's commitment to high environmental standards and meaningful engagement [11][12][14].
Capitan Silver Corp. Announces 60,000-Metre Multi-Rig Drilling Program and Provides Corporate Update for 2025-2026
TMX Newsfile· 2026-01-20 11:00
Core Viewpoint - Capitan Silver Corp. has initiated a significant 60,000-metre drilling campaign for 2026 at its Cruz de Plata silver-gold project in Durango, Mexico, which represents a 400% increase in drilling compared to the previous year [1][4]. Exploration Program & Highlights - The 2026 drilling program aims to more than double the total drilling completed at the Cruz de Plata project to date [3]. - The campaign will utilize both Reverse Circulation (RC) and core drilling methods, ramping up from one RC rig to a total of four rigs, including three core rigs [4]. - Key targets for the drilling include expanding advanced silver-mineralized zones along the 3.7-km Jesus Maria Silver Trend and testing new high-grade silver targets at Casco Norte, La Purisima, and Jesus Maria Northwest [4]. - Additional drilling will focus on further defining the Capitan Hill Gold Deposit and exploring new gold opportunities [4]. Financial Position - Capitan Silver is well-funded for 2026, having raised C$29 million from institutional investors in December 2025, which positions the company favorably for its exploration activities [4][20]. - The company successfully completed two financings: a C$23 million bought deal and a C$6 million private placement [9]. Achievements in 2025 - The year 2025 was transformative for Capitan, marked by the resumption of drilling after a halt in 2023 due to high capital costs [8]. - The company consolidated its land package and completed a buyback of the main royalty on its flagship project, enhancing its value proposition [9]. - Significant drilling results from 2025 included high-grade intervals, such as 2,636 g/t Ag over 1.5m in drillhole 25-ERRC-12 [13]. Strategic Developments - Capitan eliminated the main royalty on the Cruz de Plata project by purchasing the Altiplano royalty for US$1 million, maximizing shareholder returns [14]. - The company expanded its land position by 85% through the acquisition of seven mineral concessions adjacent to Cruz de Plata [15]. - A technical report for the Capitan Hill Oxide Gold Deposit was filed, providing a mineral resource estimate in accordance with National Instrument 43-101 [18]. Management and Governance - The management team has been strengthened with key hires to support the company's growth, including experienced professionals in exploration and investor relations [20]. - Capitan Silver maintains a tight share structure, with the top three shareholders owning over 38% of the company's share capital [21].
Juggernaut Announces Fully Funded 10,000 Meter Inaugural Drill Program on New District-Scale Gold Silver Copper Rich System at 100% Controlled Big One Property, Golden Triangle, B.C.
Thenewswire· 2026-01-19 12:45
Core Insights - Juggernaut Exploration Ltd. has announced a fully funded 10,000-meter drill program at the Big One property, targeting high-grade gold, silver, and copper-rich veins within the newly discovered district-scale mineralization system in British Columbia [1][2] Exploration and Geological Insights - The Eldorado System covers an area of 22 km² with grab samples showing assays up to 263.70 g/t AuEq, indicating significant mineralization potential [3][5] - The Gold Swarm Discovery spans 3 km² with over 100 gold-rich polymetallic veins, with grab samples assaying up to 231.81 g/t AuEq, suggesting strong gold potential [4][5] - Mineralization is linked to a Jurassic- to Cretaceous-age transpressional system associated with an intrusive source, similar to the nearby Galore Creek deposit [5][7] Drill Program and Future Potential - The inaugural drill program aims to explore the high-grade district-scale system to depth, with expectations of uncovering a large mineralizing source that could enhance the project's value [2][7] - The recently received 5-year drill permit allows the company to define the extent of mineralization and understand the system's geometry, preparing for future resource estimation [7] Infrastructure and Accessibility - The Big One property is accessible year-round via helicopter, with government support for road improvements to enhance access [9] Company Overview - Juggernaut Exploration Ltd. is focused on precious metals projects in the Golden Triangle of British Columbia, a region known for its rich geological settings and stable mining jurisdictions [12]
Domestic Metals Appoints Dr. Peter Megaw as Technical Advisor to the Company
Globenewswire· 2026-01-19 12:30
Core Insights - Domestic Metals Corp. has appointed Dr. Peter Megaw, a renowned expert in Carbon Replacement Deposits, as a technical advisor to enhance its exploration efforts at the Smart Creek Copper Porphyry Project in Montana [1][3] Group 1: Appointment of Dr. Peter Megaw - Dr. Megaw holds a Ph.D. in geology and has over 30 years of experience in silver and gold exploration, particularly in Mexico [2] - He has been pivotal in several mineral discoveries and received the PDAC's 2016 Thayer Lindsley Award for his contributions [2] Group 2: Company Overview - Domestic Metals Corp. focuses on discovering large-scale copper and gold deposits in historically significant mining areas across the Americas [5] - The Smart Creek Project is located in Montana and features extensive copper mineralization with multiple exploration targets [6] Group 3: Recent Developments - The company announced surface sampling results from the Smart Creek Project, yielding up to 102 g/t Au, 23% Cu, and 3,810 g/t Ag, indicating promising mineralization [4] - A webinar is scheduled for January 22 to discuss follow-up plans for Q1, and the company will participate in upcoming investor events in Vancouver and Toronto [4]
ONGold Intercepts High-Grade Copper, Silver with Gold in Newly Identified Massive Sulphide Zone at Gold Ridge: 11.10% Cu, 218 g/t Ag and 4.45 g/t Au over 0.4 Metres in Hole GR-25-012
TMX Newsfile· 2026-01-19 12:30
Core Insights - ONGold Resources Ltd. has announced final results from a nine-hole diamond drilling program at the Ti-pi-ha-kaa-ning (TPK) project in Northern Ontario, revealing significant copper, silver, and gold mineralization [1][5][25] Group 1: Drilling Results - The drilling program totaled 2,169 meters and confirmed high-grade intersections of gold, copper, and silver in the Gold Ridge area [1][7] - Notable results include drill hole GR-25-012, which intersected 3.06% Cu, 60.3 g/t Ag, and 1.5 g/t Au over 1.5 meters, including 11.1% Cu and 218 g/t Ag over 0.4 meters [6][20] - Drill hole GR-25-011 reported 19.39 g/t Au and 1.0 g/t Ag over 8.2 meters, with a peak of 308 g/t Au over 0.3 meters [3][10] Group 2: Geological Insights - The TPK property is situated in a favorable geological setting, characterized by a complex system of mineralization controlled by shears in intrusive rocks [15][17] - The Gold Ridge area is interpreted to host a large, intrusive-hosted, orogenic copper-gold system, with significant potential for further discoveries across a 1,500-meter gap between the West Discovery Zone and the Discovery Zone [7][25][27] Group 3: Future Plans - The company plans to conduct further geological compilations and permit a wider drilling program for 2026, aiming to explore the identified mineralized systems more extensively [5][29] - Additional work programs include ground electromagnetic and gravity surveys, field exploration, and further drilling in priority areas [36][29] Group 4: Company Overview - ONGold Resources Ltd. holds significant exploration assets in Northern Ontario and Manitoba, including the TPK project, which is part of a strategic footprint in a prolific gold-producing region [33][34]
First Hole Completed in Timmins Area Diamond Drill Program
Thenewswire· 2026-01-19 12:30
Core Viewpoint - Noble Mineral Exploration Inc. has announced the results of its first drill hole in Carnegie Township, Ontario, indicating promising mineralization, particularly in zinc, copper, silver, and lead, as part of a partnership with Canada 11530313 Canada Inc. [1][8] Drilling Results - The first drill hole, CG-25-01, revealed a 6.5-meter section with 0.64% zinc, including a 1-meter section with 1.90% zinc, found in graphitic sediment with 5% pyrrhotite and local concentrations of 10-15% [2]. - The drilling program includes two 500-meter holes, with the first hole completed despite challenging weather conditions [1]. Geophysical Surveys - A Mise à la Masse (MALM) survey was conducted in the anomalous section to map conductive ore bodies, revealing continuity and shape at the surface [3]. - A surficial magnetometer survey detected a magnetic anomaly coinciding with the MALM anomaly, indicating the zone is both magnetic and electromagnetic, facilitating surface tracing with traditional techniques [5]. Future Plans - An additional hole, CG-25-02, is planned approximately 200 meters northwest to intersect the same zone at a vertical depth of about 200 meters, with two more holes scheduled for Southwest Carnegie Township [7]. - Noble retains a 5-year Exploration Right for volcanogenic massive sulphide mineralization and precious metals on lands recently transferred to Canada Nickel [7]. Company Overview - Noble Mineral Exploration Inc. is a junior exploration company based in Canada, holding various mineral and exploration rights across approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec [9][11]. - The company has interests in several projects, including Project 81, which hosts diversified drill-ready targets for gold, nickel-cobalt, and base metals [12].