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AbraSilver Continues to Drill High-Grade Gold at Diablillos, with 36 Metres of 2.32 g/t Gold Intersected at Oculto East
Newsfile· 2025-11-19 12:30
Core Insights - AbraSilver Resource Corp. has reported new assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, highlighting high-grade gold mineralization at Oculto East and confirming broad gold-copper mineralization at Cerro Viejo [1][3][4] Summary of Drill Results - At Cerro Viejo, two drill holes intersected continuous gold mineralization from surface, with notable results including: - DDH 25-050: 128.0 metres at 0.24 g/t gold - DDH 25-056: 200.0 metres at 0.32 g/t gold, including 10.0 metres at 1.10 g/t gold and 11.0 metres at 0.33 g/t gold with 0.46% copper [4][5] - At Oculto East, significant high-grade intervals were reported, including: - DDH 25-078: 36.0 metres at 2.32 g/t gold, including 11.0 metres at 3.76 g/t gold - DDH 25-081: 10.0 metres at 0.72 g/t gold [4][5][9] Exploration Potential - The drilling results at Oculto East indicate a large, continuous extension of the mineralized system, with two distinct sub-parallel zones of mineralization approximately 500 metres apart, suggesting significant scale and continuity [3][9] - Drilling at Cerro Viejo confirms the presence of a significant gold-copper porphyry system, with deeper drilling currently underway to evaluate the underlying porphyry source [3][6] Project Development - The company has completed all necessary work for the application under Argentina's Large Investment Incentive Regime (RIGI), aimed at attracting major development projects [13] - The Definitive Feasibility Study (DFS) is nearing completion, with metallurgical test work and site investigations finalized, and is on track for completion in H1 2026 [14] Mineral Resource Estimate - The latest Mineral Resource estimate for Diablillos includes: - Measured: 26,545,000 tonnes at 0.71 g/t gold and 119 g/t silver - Indicated: 46,584,000 tonnes at 0.63 g/t gold and 56 g/t silver - Inferred: 9,693,000 tonnes at 0.58 g/t gold and 34 g/t silver [18]
White Gold Corp. Welcomes Federal Nation-Building Investments and Support for Resource Development in Yukon
Globenewswire· 2025-11-19 12:00
Core Viewpoint - The Government of Canada's announcement of the second tranche of nation-building projects under Budget 2025 emphasizes infrastructure, clean energy, and resource-corridor development, which supports the unlocking of northern mineral potential and strengthens domestic supply chains [1][3]. Federal Support for Yukon Exploration - The Northwest Critical Conservation Corridor has been referred to the Major Projects Office (MPO), highlighting its potential to unlock vast deposits of critical minerals in the Yukon [2][7]. - The federal government is committed to advancing responsible resource development, with the Yukon identified as a region of national strategic importance [3]. - Infrastructure investments are aimed at linking clean electricity to LNG exports, enhancing energy security and operating conditions for Yukon projects [6]. Strategic Importance of Critical Minerals - The Yukon-B.C. Grid Connect is a key component of Canada's long-term energy and critical minerals strategy, aimed at increasing energy security and reducing reliance on diesel [8]. - The federal government prioritizes critical minerals as a strategic national priority, which supports new mineral development in the Yukon [5][8]. White Gold Corp.'s Positioning - White Gold controls a significant portfolio of over 20 properties in the White Gold District, which is expected to benefit from future infrastructure investments and regulatory coordination [9][10]. - The company's flagship project contains an estimated 1,732,300 ounces of gold in indicated resources and 1,265,900 ounces in inferred resources, with significant expansion potential [13]. - The Yukon is consistently ranked among the top global mining jurisdictions, enhancing the attractiveness of White Gold's exploration activities [14]. Future Exploration Plans - White Gold is advancing its fully funded exploration plans for 2025-2026, focusing on flagship assets and multiple prospective regional targets [11]. - The company aims to leverage the favorable environment for mineral exploration and development in the Yukon over the coming decades [11].
Kootenay Releases First Results from Current Drilling at Columba
Prnewswire· 2025-11-19 12:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 19, 2025 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce assay results from the first seven holes of the ongoing staged 50,000-meter drill program at Columba High Grade Silver Project, located in Chihuahua, Mexico. Drilling at the project is designed to extend and expand known mineralization on the extensive Columba vein system, which currently hosts an inferred Mineral Resource Est ...
Canterra Intersects 7.73% Copper Equivalent Over 4.45 Metres at the Buchans Project, Newfoundland
Globenewswire· 2025-11-19 12:00
Core Insights - Canterra Minerals Corporation announced significant step-out drilling results at its 100%-owned Buchans Project, reporting 7.73% Copper Equivalent (CuEq) over 4.45 metres, indicating high-grade mineralization potential [1][3][7] Drilling Results - The recent drilling program included three holes with step-outs of approximately 50 metres, successfully extending the Two Level Zone beyond the Lundberg resource [2][4] - Previous drilling in May 2025 intersected 5.97% CuEq over 5.35 metres, demonstrating continuity of high-grade mineralization [2][3] - The Two Level Zone's mineralized footprint has expanded to approximately 200 metres by 50 metres, showcasing high-grade, transported, breccia-hosted sulphide mineralization [4][7] Mineralization Analysis - Drilling results indicate that the stockwork zone remains open and continues to expand at depth toward the northwest, consistent with the Lundberg Resource [5][7] - The latest results confirm the potential for a larger and higher-grade system at Buchans, with evidence of strong and continuous mineralization [3][4] Future Plans - Canterra plans follow-up drilling to further test the continuity and extent of mineralization at the Two Level Zone as part of an ongoing 8,000-metre drill program [9]
First Andes Silver Outlines Systematic Property-Wide Exploration Program, Santas Gloria Project, Peru
Newsfile· 2025-11-19 10:30
Core Viewpoint - First Andes Silver Ltd. is launching a systematic exploration program for its 100%-owned Santas Gloria Project in Peru, aiming to evaluate and advance the property through modern exploration techniques [1][3]. Exploration Program Overview - The 2025-2026 exploration program will include a 50 km² property-wide WorldView-3 spectral mapping and interpretation initiative, focusing on 23 mapped intermediate-sulphidation epithermal veins totaling over 12 kilometers of strike [4][6]. - Phase 3 drill permitting is underway, targeting the Tembladera and San Jorge vein systems, with potential extensions to Maribel and Paquita [4][6]. Methodologies and Techniques - The exploration program will utilize high-resolution spectral alteration mineral mapping, a property-wide soil sampling program, and ground Induced Polarization (IP) geophysics to identify high-priority drill targets [4][11]. - Soil sampling will help delineate geochemical halos around sulphide-bearing veins, identifying key pathfinder elements such as Ag, Pb, Zn, As, and Sb [8][9]. Timeline and Milestones - WV-3 and soil sampling will commence in November 2025, with final products for spectral alteration mapping expected in 5-6 weeks [4][10]. - The first half of the soil sampling is set to be completed by February 2026, with analytical results anticipated in March 2026 [4][13]. Data Integration and Targeting - The integration of spectral, geological, and geochemical datasets will enable the company to refine and prioritize drill targets, marking a significant step in unlocking the discovery potential of the Santas Gloria epithermal vein field [11][14]. - A follow-up exploration program will be conducted after the integration of the WV-3 spectral and soil geochemical datasets to delineate high-priority drill targets [14]. Company Background - First Andes Silver Ltd. holds a 100% interest in the Santas Gloria silver property, located in a major mining district 55 km east of Lima, Peru, which has never been systematically explored using modern techniques before 2024 [16].
Prismo Develops Additional Drill Targets at Silver King Provides Update on Drill Permit
Thenewswire· 2025-11-19 08:30
Core Insights - Prismo Metals Inc. has completed a detailed exploration program at the Black Diamond area of its Silver King Project in Arizona, which included mapping and sampling of the area [1] - The exploration program identified a large copper anomaly along with anomalous gold values, and the presence of other metals such as zinc, lead, silver, and antimony associated with a newly encountered felsic intrusion [4][6] - The company has received approval from the Forest Service for its proposed drill plan, which is now moving into the environmental analysis phase [9][10] Exploration Results - The soil survey revealed a significant copper anomaly over the Black Diamond replacement body, with previous rock samples indicating a copper-gold association [4] - XRF analysis indicated the presence of silver, lead, zinc, and antimony in quartz veinlets within the felsic intrusion, with 34 rock chip samples submitted for laboratory assay [5][6] - Craig Gibson, Chief Exploration Officer, confirmed the Black Diamond area as a compelling drill target based on the exploration results [7] Drilling Plans - The company plans to conduct a two-phase drilling program, starting with approximately 1,000 meters at the historic Silver King mine site, targeting the upper half of the mineralized body [11][13] - A second phase of drilling will focus on newly identified targets outside the historic mining area, including the polymetallic vein and the copper vein [13] - The drilling of the replacement mineralization on the Black Diamond claim is also planned, which is accessible on private ground [13] Historical Context - The Silver King mine, discovered in 1875, was a significant historic producer of silver, yielding nearly 6 million ounces at high grades [17] - The mine is strategically located near the Resolution Copper project, which has an estimated copper resource of 1.787 billion metric tonnes [17]
CORRECTION FROM SOURCE: Argyle Resources Corp. Submitted and Expects Permits This Week to Begin 3,000 Metre Drilling Program at Lac Comporté Silica Project, Quebec
Newsfile· 2025-11-18 21:15
CORRECTION FROM SOURCE: Argyle Resources Corp. Submitted and Expects Permits This Week to Begin 3,000 Metre Drilling Program at Lac Comporté Silica Project, QuebecNovember 18, 2025 4:15 PM EST | Source: Argyle Resources Corp.Correction from Source: Argyle Resources Corp. is issuing a correction to the previously disseminated press release dated November 18th, 2025. The original release incorrectly stated that the Company "had received its permits." The correct wording is that the Company has s ...
Trilogy Metals Surges 243.1% YTD: Should Investors Ride the Rally?
ZACKS· 2025-11-18 17:25
Core Insights - Trilogy Metals Inc. (TMQ) shares have increased by 243.1% year-to-date, outperforming the industry and the S&P 500, which returned 23.8% and 16% respectively [1] - Peers such as B2Gold Corp. (BTG) and Barrick Mining Corporation (B) have seen gains of 63.5% and 138.4% respectively during the same period [1] Stock Performance - TMQ closed at $3.98, significantly below its 52-week high of $11.29 but above its 52-week low of $0.09 [4] - The stock is trading below its 50-day moving average and above its 200-day moving average [4] Exploration and Development - TMQ is making progress in the Ambler mining district, with a joint venture with South32 completing its summer field program [6][8] - The summer field program included site maintenance, environmental data collection, and a core re-boxing program for future use [9] Financial Performance - For the first nine months of fiscal 2025, Ambler Metals recorded approximately $3.8 million in costs, with TMQ's share of the loss being approximately $2.2 million [10] - The company reported an operating cash outflow of $2.7 million during the same period [11] Valuation Metrics - TMQ is trading at a forward price-to-earnings ratio of negative 194.21X, compared to the industry's average of 16.09X [16] - B2Gold and Barrick Mining are trading at 5.22X and 11.78X respectively [16] Long-Term Prospects - Despite ongoing challenges such as negative cash flows, the advancement in the Ambler mining district positions TMQ for potential future growth [17] - The company is seen as well-positioned for long-term growth opportunities, making it an attractive option for investors [17]
Option to Acquire Garfield Hills Property in Nevada
Thenewswire· 2025-11-18 14:00
Vancouver, British Columbia, November 18, 2025 – TheNewswire - Lexston Mining Corporation (the “Company” or “Lexston”) (CSE: LEXT) (OTCQB: LEXTF) (Deutsche Börse Frankfurt: L75) announces that further to the Memorandum of Understanding News Release dated November 12, 2025 a definitive Assignment Agreement, has been entered into, to acquire 128 mineral claims located in Mineral County, Nevada, USA, known as the Garfield Hills Property (the “Garfield Property”).The Company entered into an assignment agreemen ...
Peloton Commences the Maiden Drilling Program at the North Elko Lithium Project, Nevada
Thenewswire· 2025-11-18 13:30
Core Viewpoint - Peloton Minerals Corporation has initiated its maiden drilling program at the North Elko Lithium Project in northeastern Nevada, targeting lithium-bearing claystone layers and other critical minerals [1][2]. Group 1: Drilling Program Details - The drilling program will consist of four widely spaced holes, each reaching a depth of approximately 500 feet, to assess the orientation, stratigraphy, and potential mineralization within the clay layers [3]. - The drill holes will be spaced about 7 kilometers (4.3 miles) apart on the NE-SW axis and about 3.5 kilometers (2 miles) apart on the NW-SE axis, with drilling expected to take around three weeks and assays to follow in about six weeks [3]. Group 2: Project Background and Exploration Work - The North Elko Lithium Project spans approximately 37 square kilometers (14.25 square miles) and is fully owned by the company, with no outstanding royalties [5]. - Prior exploration activities included an airborne hyperspectral survey, airborne magnetics, radiometric and VLF-EM surveys, geological mapping, soil geochemistry over a 32 square kilometer grid, prospecting, and XRD analysis on over 1,000 surface samples [5]. Group 3: Regulatory and Operational Aspects - The company holds two drilling permits for the property and has 24 drill pad locations permitted for future programs, all strategically located beside existing roads to minimize environmental impact [4]. - The project is located adjacent to a high-grade lithium deposit discovered in 2023 by Surge Battery Metals, indicating potential for significant mineral resources in the area [5].