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Metalsource Mining begins geophysical survey at North Carolina projects
Yahoo Finance· 2025-11-20 15:05
Metalsource Mining has started a geophysical survey mining programme in North Carolina, US, targeting its Silver Hill mine and Byrd-Pilot Mountain project areas in Davidson and Randolph counties. The Silver Hill project lies within the Carolina Terrane and is underlain by Neoproterozoic and Cambrian volcaniclastic and volcano-sedimentary rocks. This terrane is considered to be an extension of the Avalon Terrane. The Silver Hill property spans 1,128 acres in Davidson County. The Byrd-Pilot Mountain proje ...
Drilling Expands Near-Surface Copper-Gold Mineralization at the Birch Project
Globenewswire· 2025-11-20 12:00
View PDF Version VANCOUVER, British Columbia, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company) is pleased to announce results from the 2025 drill program at its 100% owned Birch Copper-Gold Project (“Birch”), located 65 kilometers northeast of Burwash Landing, Yukon. The Company has received assays from two additional drill holes, BR25-002 and BR25-004, showing a 500m lateral extension to skarn mineralization. Highlights: Drilling at B ...
Drilling Expands Near-Surface Copper-Gold Mineralization at the Birch Project
Globenewswire· 2025-11-20 12:00
View PDF Version VANCOUVER, British Columbia, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company) is pleased to announce results from the 2025 drill program at its 100% owned Birch Copper-Gold Project (“Birch”), located 65 kilometers northeast of Burwash Landing, Yukon. The Company has received assays from two additional drill holes, BR25-002 and BR25-004, showing a 500m lateral extension to skarn mineralization. Highlights: Drilling at B ...
Metalsource Mining Commences Geophysical Survey Program at North Carolina Projects
Newsfile· 2025-11-20 09:00
Core Insights - Metalsource Mining has initiated a geophysical survey program at its Silver Hill Mine and Byrd-Pilot project areas in North Carolina, aiming to enhance exploration efforts in this historic mining district [1][5]. Survey Program Details - The company has contracted Durango Geophysical Operations, LLC to conduct a reconnaissance Magnetotelluric (MT) survey, with plans for follow-up Induced Polarization (IP) surveys based on initial findings [2][4]. - The MT survey aims to identify subsurface geological structures and potential mineralization zones, with field operations overseen by John Reynolds and data interpretation by Karen R. Christopherson [4]. Silver Hill Project - The Silver Hill Project spans 1,128 acres in Davidson County and is underlain by Neoproterozoic and Cambrian age rocks, suggested to be an extension of the Avalon Terrane [5]. - Historical data indicates mineralization extends to 550 meters from the surface, with recent surface sampling yielding results of 444 g/t Ag, 17.7 g/t Au, 8.61% Pb, and 0.507% Zn [5]. Byrd-Pilot Mountain Project - The Byrd-Pilot Mountain Project is located in central North Carolina and has shown potential for a porphyry gold-copper system, with previous work indicating broad gold mineralization [6][8]. - Geological modeling suggests an east-west trend to the identified mineralization, with oxidation noted down to a depth of 30 meters [8]. Survey Specifications - The survey will consist of approximately 40 MT stations across both project areas, with a field acquisition program lasting about 20 days, expected to conclude in early December 2025 [7]. - State-of-the-art technology will be employed, including Phoenix Geophysics MT receivers and transmitters, utilizing Remote Reference noise reduction techniques for high-quality data collection [7].
Montage Gold announces that its Petit Yao target has the potential to become a higher-grade satellite of scale
Globenewswire· 2025-11-19 23:28
Core Insights - Montage Gold Corp. has reported multiple high-grade intercepts from its ongoing exploration program at the Petit Yao target, indicating its potential as a significant satellite deposit near the Koné processing plant [2][5][7] Exploration Results - The Petit Yao target has shown continuity over a strike length of over 1.1 km and to a depth of 150 meters, with mineralization open in all directions [3][7] - Notable drill results include: - 6.0 meters at 7.26 g/t Au from 55 meters - 6.0 meters at 5.09 g/t Au from 59 meters - 5.0 meters at 5.12 g/t Au from 43 meters [7][8] Drilling Program - A total of 4,068 meters have been drilled in 2025, with plans for an additional 6,800 meters before year-end, focusing on the Petit Yao target [4][14] - The drilling program has been modified to prioritize the Petit Yao target due to its promising results [6][14] Geology and Mineralization - The Petit Yao target is located approximately 7 km from the Koné processing plant and is characterized by shear-hosted parallel quartz-pyrite ± tourmaline veining [9][12] - The mineralization is associated with specific lithologies, including Birimian fine-grained sediments and mafic volcanics [12] Metallurgical Testing - Preliminary metallurgical tests indicate high recoverable gold rates, with oxide material averaging approximately 98.7% recovery [20] Future Plans - The company aims to publish a maiden starter resource for Petit Yao upon completion of the ongoing drilling program, along with updates for other deposits [7][23]
Honey Badger Identifies Two New Zones: Inferno and Pimento Containing Silver, Gold, Lead, and Zinc at Plata, Yukon
Newsfile· 2025-11-19 22:00
Core Insights - Honey Badger Silver Inc. has identified two new mineral zones, "Pimento" and "Inferno," at its Plata Project in Yukon, indicating significant potential for silver-gold-lead-zinc mineralization [1][2][3] Summary of 2025 Fieldwork - The 2025 fieldwork program included 1,027 soil samples and 115 rock samples, leading to the discovery of new mineral zones and significant geochemical anomalies [3] - The Inferno zone shows a large geochemical anomaly with copper sulfide-bearing quartz veins and hornfels alteration, suggesting a potential large silver-gold system [2][3][6] Details on Inferno Zone - The Inferno zone features a 2.3 km x 1 km antimony anomaly with local elevated silver and gold values, including a gold-in-soil anomaly of up to 74 ppb Au [6][9] - The area will be a priority for follow-up prospecting in 2026, with additional staking completed to secure prospective ground [6][12] Details on Pimento Zone - The Pimento zone, located approximately 2.3 km northwest of the Ajo zone, has rock samples showing grades of up to 0.15 g/t gold, 44.3 g/t silver, 0.14% lead, and 0.39% zinc [10][15] - This area has not been previously documented, representing a new mineralization zone for the company [10] Next Steps - The company plans to review new assay data and historical samples over the winter to prepare for follow-up fieldwork and drilling in 2026 [12] Background on Plata Project - The Plata Project is located in the Tombstone Gold Belt and has a history of high-grade silver production, with past mining yielding approximately 290,000 ounces of silver [13] - The project is being explored as part of a larger mineralized system, with potential for both silver and gold deposits [13]
DPM Metals Announces Discovery of New High-Grade Mineralization at the Chelopech Mine; Results Include 68.3 metres at 7.42 g/t AuEq
Globenewswire· 2025-11-19 22:00
TORONTO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) (“DPM” or “the Company”) is pleased to announce results from ongoing exploration drilling at the Wedge Zone Deep (“WZD”) target, which is located within the northern flank of the Chelopech mine concession and approximately 300 metres below existing Mineral Reserves and current mine infrastructure. Highlights include: EX_WZD_210_01: 68.3 metres grading 7.42 g/t AuEq, comprised of 6.92 g/t Au, 0.30% Cu and 10.50 ...
Ivanhoe Electric Makes Final Land Acquisition Payment at the Santa Cruz Copper Project in Arizona
Newsfile· 2025-11-19 21:30
Core Insights - Ivanhoe Electric has completed the final three land acquisition payments totaling $39.3 million for the Santa Cruz Copper Project in Arizona, fulfilling the terms of the Purchase and Sale Agreement with Wolff-Harvard Ventures LLC [1][2] - The company is positioned to commence initial construction at the Santa Cruz project in early 2026, pending the receipt of necessary permits, with a goal of first copper cathode production by late 2028 [2][6] Company Overview - Ivanhoe Electric is a U.S.-based minerals exploration company focused on developing mines from mineral deposits primarily located in the United States, aiming to support American supply chain independence by delivering copper and other critical metals [2] - The company utilizes its Typhoon™ geophysical surveying system and advanced data analytics from its subsidiary, Computational Geosciences Inc., to enhance the mineral exploration process [2] - Ivanhoe Electric also operates a joint venture with Saudi Arabian Mining Company to explore minerals in the Arabian Shield and has established an exploration alliance with BHP Mineral Resources Inc. to search for critical minerals in the U.S. [2]
Grizzly Announces that a Crew Has Been Mobilized and Commenced Fieldwork at Greenwood, BC Precious and Battery Metals Project
Newsfile· 2025-11-19 14:00
Grizzly Announces that a Crew Has Been Mobilized and Commenced Fieldwork at Greenwood, BC Precious and Battery Metals ProjectNovember 19, 2025 9:00 AM EST | Source: Grizzly Discoveries Inc.Edmonton, Alberta--(Newsfile Corp. - November 19, 2025) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that it has recently mobilized a crew from APEX Geoscience Ltd. (APEX) to conduct fieldwork at a number of targets prior to conducting t ...
Cameo Provides Update From Its Induced Polarization Survey At Katoro
Thenewswire· 2025-11-19 13:00
Core Insights - Cameo Resources Inc. has completed over 50% of the initial Induced Polarization (IP) geophysical survey on its Katoro Gold Property in Tanzania, indicating significant progress in exploration efforts [1][5] Survey Details - The IP survey, conducted by HETAMIS Mineral Services Limited, covers 58 line-kilometers across five grids, with three grids completed, revealing multiple priority targets with high chargeability readings up to 250mV/V [2][5] - Approximately 65% of the Katoro property exhibits structural features suggesting potential gold mineralization, with a focus on the northern and central areas for further exploration [3][4] Geological Context - The Katoro Gold Property spans 19.58 square kilometers within the Sukumaland Greenstone Belt, a region known for its multi-million-ounce gold deposits and ongoing operations by major gold companies [9][11] - The geological characteristics of the area include iron carbonate altered mafic volcanics and quartz feldspar porphyry intrusions, with gold associated with grey quartz veins [9][11]