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Tartisan Nickel Corp. Engages Rodren Drilling Ltd. for Drill Program at the Kenbridge Nickel-Copper-Cobalt Deposit
Newsfile· 2025-11-20 12:50
Core Viewpoint - Tartisan Nickel Corp. has engaged Rodren Drilling Ltd. to conduct a drill program at its Kenbridge Nickel-Copper-Cobalt Deposit, aiming to advance the project towards an updated Mineral Resource Estimate and a Pre-Feasibility Study [1][2][3] Company Overview - Tartisan Nickel Corp. is a Canadian-based exploration and development company focused on critical metals, owning the Kenbridge Nickel Project, Night Danger Turtle Pond project, and Sill Lake Silver Property [4] Drill Program Details - The Phase 1 drill program will involve 3600 meters of diamond drilling across priority targets, focusing on converting Inferred resources into Measured and Indicated categories and exploring potential extensions of high-grade Ni-Cu mineralization at depth [2][8] - Mobilization to the Kenbridge site is scheduled for December 2025 [8] Contractor Engagement - The company has retained Rodren Drilling Ltd., a respected contractor with significant experience in Ontario's mining districts, marking an important milestone in advancing the Kenbridge project [3]
Excellon Reports Q3 2025 Financial Results and Provides Mallay Restart and Corporate Updates
Newsfile· 2025-11-20 12:00
Core Viewpoint - Excellon Resources Inc. reported its Q3 2025 financial results, highlighting progress in the restart of the Mallay silver-lead-zinc mine in Peru and securing funding for the project [1][4]. Financial Highlights - The company raised $12 million through a private placement to support the Mallay restart [4][7]. - As of September 30, 2025, Excellon had $24 million in cash and available liquidity, including an undrawn pre-export finance facility with Glencore [8][7]. Mallay Restart Progress - Phase One underground rehabilitation is complete, with over 2,800 meters of mine access rehabilitated, allowing for transition to definition drilling and restart planning [5][7]. - An updated NI 43-101 mineral resource estimate for Mallay is expected in Q4 2025, with ongoing definition drilling from the 4090 level [7][12]. - All necessary mining and environmental permits for the restart are in good standing, including recently received explosives permits for underground operations [7][12]. Exploration and Future Plans - A 40-hole drill program at the Isguiz vein system and a 6-hole program at the Shafra Zone are planned to commence in Q4 2025, aimed at extending mineralization and supporting future mine planning [7][12]. - The company plans a phased restart of mining from the 4090 level, targeting a ramp-up towards the historical capacity of 600 tonnes per day, subject to positive drilling results [12][19]. Corporate Updates - The annual and special meeting of shareholders was held on November 18, 2025, where all matters, including the Share Incentive Plan, were approved [10]. - The company granted 504,853 deferred share units to non-executive directors and 200,000 stock options to Capital Analytica as part of the Share Incentive Plan [11][12].
Osisko Intersects 138 Metres Averaging 1.45% Cu in South Extension at Gaspé
Globenewswire· 2025-11-20 11:00
Core Insights - Osisko Metals has announced new drill results from the Gaspé Copper Project, confirming significant higher-grade mineralization, particularly in the southern extension, with drill hole 30-1136 returning 64.5 metres averaging 2.70% Cu [2][6] - The company is optimistic about the growth of the project and anticipates an updated Mineral Resource Estimate (MRE) in early 2026 [2][27] Drill Results Summary - Drill hole 30-1136 reported 284.5 metres averaging 0.41% Cu, including a high-grade interval of 64.5 metres averaging 2.70% Cu [6][12] - Drill hole 30-1120 showed 598.5 metres averaging 0.28% Cu, contributing to infill and expansion efforts [6][8] - Drill hole 30-1129 revealed 881.0 metres averaging 0.22% Cu, with significant mineralization extending to a vertical depth of 897.9 metres [6][9] - Drill hole 30-1133 indicated 550.5 metres averaging 0.28% Cu, confirming mineralization to a depth of 831 metres [6][10] - Drill hole 30-1134 demonstrated 309.0 metres averaging 0.17% Cu and a deeper intersection of 228.5 metres averaging 0.41% Cu [6][11] - Drill hole 30-1138 confirmed mineralization with 685.8 metres averaging 0.27% Cu [6][13] - Drill hole 30-1139 showed 873.0 metres averaging 0.23% Cu, confirming mineralization to a depth of 815 metres [6][14] - Drill hole 30-1140 reported five intersections of mineralization, including 105.0 metres averaging 0.43% Cu [6][15] Project Overview - The Gaspé Copper Project is characterized by porphyry copper/skarn type mineralization, with significant historical mining potential [16][27] - The current drill program aims to convert the November 2024 MRE to Measured and Indicated categories and explore deeper and lateral expansions of the mineralization [18][27] - Osisko Metals acquired a 100% interest in the Gaspé Copper mine in July 2023, which hosts the largest undeveloped copper resource in eastern North America [27][28]
Brightstar secures court and shareholder approval for Aurumin acquisition
Yahoo Finance· 2025-11-20 10:17
Brightstar Resources has secured approval from the Supreme Court of Western Australia (WA) and the shareholders of Aurumin to acquire all fully paid ordinary shares and options in the gold exploration company. The transaction, executed via a court-sanctioned share and option scheme of arrangement under Part 5.1 of the Corporations Act 2001, will result in Aurumin shareholders receiving new Brightstar options as all Aurumin options are cancelled. With the court's approval in place, Aurumin plans to lodge ...
Allied Critical Metals Announces Material Increase to Mineral Resource Estimate at Borralha Tungsten Project in Northern Portugal
Newsfile· 2025-11-19 22:00
Core Viewpoint - Allied Critical Metals Inc. has announced a significant increase in the Mineral Resource Estimate (MRE) for its Borralha Tungsten Project in Northern Portugal, which is expected to advance towards a Preliminary Economic Assessment (PEA) targeted for Q1 2026, amid strong tungsten prices and increasing demand for critical raw materials [3][4][6]. Mineral Resource Estimate Update - The updated MRE for the Borralha Tungsten Project shows a substantial increase to 13.0 million tonnes Measured and Indicated (M+I) at 0.21% WO₃ and 7.7 million tonnes Inferred at 0.18% WO₃, compared to the previous estimate of 4.98 million tonnes Indicated at 0.21% WO₃ and 7.01 million tonnes Inferred at 0.20% WO₃ [4][6]. - The MRE is based on a cut-off grade of 0.09% WO₃ and does not include other potential mineralized deposits on the property [5][6]. Geological and Metallurgical Context - The Santa Helena Breccia is confirmed as a large, mineralized system with strong structural control and excellent lateral continuity, indicating significant potential for further resource growth [9][10]. - Existing metallurgical programs suggest a simple, low-cost gravity flowsheet with a recovery rate of approximately 75-85% WO₃, with potential by-products including copper, tin, and silver [10][11]. Strategic Importance - The Borralha Project is positioned as a critical asset in Europe, especially given the EU's reliance on tungsten imports from China, with over 80% of its tungsten supply coming from there [24][25]. - The project is aligned with the EU Critical Raw Materials Act and NATO strategic autonomy initiatives, emphasizing its importance in developing a secure domestic supply of tungsten [24][25]. Next Steps - The company plans to conduct further drilling campaigns in early 2026 to expand the resource base and support the upcoming PEA [7][12]. - Ongoing environmental and hydrogeological baseline programs are in place to facilitate the permitting process, with anticipated approvals expected in Q1 2026 [7][12].
Mineral Resource Estimate Updated for the Cowboy State Mine Area at Halleck Creek
Globenewswire· 2025-11-19 13:03
Core Insights - American Rare Earths (ARR) announced an updated Mineral Resource Estimate for the Cowboy State Mine area, increasing the estimate to approximately 547.5 million tonnes with a TREO cut-off grade of 1,000 ppm [2][3] - The update includes results from 102 channel samples collected in 2025, which allowed for the reclassification of approximately 63.9 million tonnes from inferred to indicated resources [3][8] - The company has secured two new exploration drilling permits, allowing for further drilling and sampling to support future geological data collection [5][19] Mineral Resource Update - The updated mineral resource estimate for the Cowboy State Mine area is approximately 547.5 million tonnes, with an increase of about 4.5 million tonnes due to additional mapping and channel sampling [3][8] - The channel samples collected in 2025 returned an average TREO grade of 5,471 ppm, with a standout sample showing a record high grade of 13,816 ppm [7][14] - The reclassification of resources enhances the potential for near-surface resources to be incorporated into mine plans for the pre-feasibility study [6][19] Drilling Permits and Future Plans - In October 2025, ARR received permits for 27 drill hole locations in the Cowboy State Mine area and 29 in the Bluegrass area, which could add significant tonnage to the Halleck Creek's current resource estimate of 2.6 billion tonnes [5][23] - The drilling aims to increase geological confidence levels and define substantial measured resources within the proposed pits [19][21] - The company is working on optimizing drilling access routes and plans to commence drilling by mid-next year [21][23] Strategic Importance - The Halleck Creek Project is positioned to reduce U.S. reliance on rare earth imports, particularly from China, while meeting the growing demand for critical minerals [28][29] - The project is committed to environmentally responsible mining practices and collaborates with U.S. Government-supported R&D programs for innovative extraction technologies [29]
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 ...
Xali Gold Completes Due Diligence Visit, Confirms Data Integrity and Exploration Upside at Pico Machay Gold Project in Peru
Globenewswire· 2025-11-19 12:00
Core Insights - Xali Gold Corp. has completed due diligence site visits for the Pico Machay Gold Project in Central Peru, confirming the quality of historical work and supporting the acquisition through a Share Purchase Agreement with Pan American Silver Corp. [1][2] Group 1: Project Overview - The Pico Machay Project has a historic Measured and Indicated Resource of 264,600 ounces of gold and an additional Historic Inferred Resource of 446,000 ounces of gold [6]. - The alteration footprint of the project is significantly larger than previously understood, measuring approximately 4.1 km by 1.3 km, indicating substantial exploration potential [3]. Group 2: Due Diligence Findings - Three site visits conducted between June and November 2025 have provided strong confidence in the integrity of historical work, with verification of the geological model and drill collar locations [2][4]. - New rock chip samples collected during the site visits confirm both higher-grade and lower-grade gold and silver values, reinforcing the strength of the mineralized system [5]. Group 3: Future Plans - An updated National Instrument 43-101 report is being prepared, which will serve as the foundation for converting the historic mineral resource estimate to a current estimate [2][5]. - The extensive undrilled areas within the alteration system present exceptional opportunities for resource expansion and new discoveries [3].
Defiance Silver Reports High-Grade Trenching Results at San Acacio, Zacatecas
Newsfile· 2025-11-19 06:40
Core Viewpoint - Defiance Silver Corp. has successfully completed a trench sampling campaign at its San Acacio property in Zacatecas, Mexico, revealing high-grade mineralization that will support an upcoming mineral resource estimate [1][2][25]. Trenching Program Overview - The trenching program covered approximately 2.1 km of the Veta Grande vein system, with 1.1 km of trenching completed, returning grades up to 5180 g/t Ag and 4.85 g/t Au [2][8]. - A total of 76 trenches were excavated in the Almaden-Carolina pits, with most samples returning values over 60 g/t Ag, and trench CHSA-24-32 returning 3.25m grading 354.6 g/t Ag, 4.16 g/t Au, 4.16% Pb, and 0.52% Zn [6][13]. - In the Esperanza-Guadalupe pits, 49 trenches were excavated, with trench CHSA-24-116 yielding the highest silver sample of 5180 g/t Ag over 0.60m [15]. Mineralization Insights - The Veta Grande vein system is characterized by significant silver, zinc, and lead mineralization, with evidence of multiple hydrothermal events [20][14]. - The average grade of the samples collected from the trenching program was 63.0 g/t Ag, with a maximum of 5180 g/t Ag recorded [11][12]. Sampling Summary - The trenching program involved 152 trenches sampled, totaling 1098 meters, with 1016 channel samples collected [11][12]. - The Veta Grande vein samples showed an average grade of 147.5 g/t Ag, while unconsolidated trench debris samples averaged 205.36 g/t Ag [11][14]. Company Progress and Future Outlook - The results from the trenching campaign are expected to enhance the understanding of the surface geology and mineralization, contributing to the company's mineral resource estimate [2][25]. - The high-grade results and continuity between historical open pits indicate significant exploration potential for similar targets within the company's land package in the Zacatecas district [25].
Dateline Resources to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-18 16:29
Company Overview - Dateline Resources Limited is an Australian company focused on mining and exploration in North America, owning 100% of the Colosseum Gold-REE Project in California [4]. - The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California, with a JORC-2012 compliant Mineral Resource estimate of 27.1 million tonnes at 1.26 grams per tonne gold, totaling 1.1 million ounces [5]. Recent Developments - On May 23, 2025, Dateline announced updated economics for the Colosseum Gold Project, revealing a net present value (NPV) of US$550 million and an internal rate of return (IRR) of 61% based on a gold price of US$2,900 per ounce [6]. - The company has commenced planning for drill testing the rare earth element (REE) potential at Colosseum, which is located less than 10 kilometers north of the Mountain Pass Rare Earth mine [6]. New Acquisitions - Dateline has acquired the Argos Strontium Project, the largest strontium deposit in the U.S., located in San Bernardino County, California, with previous celestite production grading over 95% SrSO4 [7]. Upcoming Events - Mr. Stephen Baghdadi, Managing Director of Dateline, will present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference on November 19, 2025, at 3:30 PM ET, with opportunities for one-on-one meetings available on November 20, 21, 23, and 24 [1][2].