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Masivo Announces Drill Program at Cerro Colorado
Newsfile· 2025-04-24 13:30
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce the completion of its strategic drill target program design at the Cerro Colorado property, located in Sonora, Mexico. An eight-hole, 1,300-meter drill program was designed by Senior Mexican Geologist Jorge Rafael Gallardo, with guidance from P.Geo Brian Brewer and P.Geo Mark Bailey. CEO David Coburn commented: "We're thrilled to launch our hi ...
American Eagle Commences Exploration Season at NAK
Newsfile· 2025-04-23 10:00
Core Insights - American Eagle Gold Corp. has initiated its 2025 exploration campaign with a helicopter-borne magnetic survey over its 100%-owned NAK copper-gold porphyry project in British Columbia [1][4] Exploration Campaign Details - The magnetic survey will cover 480 line-kilometres with 50-metre spacing, utilizing four sensors for improved resolution compared to the previous single sensor method [2] - The survey aims to enhance the understanding of the geological features and subsurface structures at NAK, helping to identify optimal drill targets [2][4] Drilling Plans - A fully funded 30,000-metre drilling campaign at NAK is set to begin in May 2025, which will exceed the total metres drilled by the company over the past three years combined [3] - This drilling campaign is expected to be one of the most extensive single-season efforts in British Columbia's Babine region, reflecting the project's growing scale and momentum [3] Project Background - The NAK Project is located in the Babine copper-gold porphyry district and has a significant near-surface copper-gold system measuring over 1.5 km x 1.5 km [5] - Historical drilling has revealed high-grade copper-gold mineralization, indicating the presence of both near-surface and deeper mineralization zones [5] Financial Position - The company is backed by over $37 million in cash, supported by strategic investments from Teck Resources and South32, ensuring it remains fully funded for at least another two years [6][4]
Great Pacific Gold Provides Kesar Project Update
Newsfile· 2025-04-01 20:30
Core Viewpoint - Great Pacific Gold Corp. is advancing its exploration activities at the Kesar Project in Papua New Guinea, with promising results from recent drilling and geophysical surveys indicating potential for high-grade mineralization [4][5][29]. Exploration Activities - The company has completed a drill program at the Anteruno target, totaling 2,112 meters across five holes, and has initiated a Mobile Magnetotelluric (MobileMT) geophysical survey across the project area [2][4]. - Initial drilling at Anteruno has confirmed gold-bearing intervals in every hole, with notable intercepts including 3.13 meters at 3.67 g/t gold and 0.23 meters at 6.61 g/t gold [5][20]. Geophysical Survey Insights - The MobileMT survey has outlined a well-defined network of deep-seated structures connected to known mineralization, particularly at Hampore and Fufunambi, suggesting a large-scale mineralized system [5][8]. - The survey results indicate significant magnetic and conductive anomalies, with the Hampore area showing strong connectivity to mineralization trends similar to those at K92 Mining [7][9]. Future Drilling Plans - The company plans to continue drilling at Kesar through April to expand on initial results, with a focus on high-priority targets at Hampore and Fufunambi [4][5]. - A 1,200-meter drill program is being designed for Fufunambi based on recent MobileMT data and geological mapping [5][22]. Geological Observations - The Anteruno area exhibits polymetallic gold mineralization associated with quartz-carbonate veins and base metals, indicating a complex geological framework [18][22]. - The Hampore Prospect has shown strong structural control with mineralization hosted within fault zones, and alteration patterns suggest a correlation with higher-grade mineralization [25][23]. Company Overview - Great Pacific Gold holds a portfolio of exploration projects in Papua New Guinea and Australia, focusing on developing gold-copper resources from its land packages [26].
Aircore Drilling to Commence at Balla Balla
Globenewswire· 2025-03-19 12:58
Core Viewpoint - Novo Resources Corp. is set to commence its maiden aircore drill program at the Balla Balla Gold Project, targeting structural complexities in the Sholl Shear Zone and associated structures [2][6][20]. Group 1: Balla Balla Gold Project Overview - Balla Balla is an early-stage exploration project focused on the Sholl Shear Zone, which is a significant geological feature extending over 200 km in the northern Pilbara [3][9]. - The project has identified several prospects along a 10 km trend, including Ramquarry, Cockerell, Babbage, and Beaufort, which will be targeted in the upcoming drilling program [7][6]. Group 2: Drilling Program Details - The aircore drilling is expected to begin in late March 2025, contingent on weather conditions, and will focus on zones of structural complexity and splay faults near the Sholl Shear Zone [6][20]. - Historical drilling indicates that the cover sequences in the area are approximately 25 m in vertical depth, allowing for effective drilling through unconsolidated cover to reach harder basement rocks [8]. - The drilling will utilize a nominal spacing of 640 m for drill lines, with hole centers spaced at 50 m, targeting NE-SW striking structures [19]. Group 3: Geological Significance - The Sholl Shear Zone is recognized as a fertile, crustal-scale structure that has played a crucial role in gold mineralization processes, acting as both a fluid conduit and a focusing corridor [9][10]. - The geological interpretation has revealed complex folded and offset mafic and ultramafic stratigraphy around the Sholl Shear Zone, which may enhance the potential for mineralization [6][14]. Group 4: Additional Exploration Activities - In addition to the Balla Balla project, Novo has completed mapping and sampling campaigns at the Tibooburra and John Bull Gold Projects in New South Wales, with RC drilling planned for Q2 2025 [21][22]. - The exploration efforts in NSW aim to improve geological understanding and support future drill program designs [21].
GoldMining Inc. Launches 2025 Exploration Program, São Jorge Project, Brazil
Prnewswire· 2025-03-18 10:00
Core Viewpoint - GoldMining Inc. is initiating a significant exploration program at its 100% owned São Jorge Project in Brazil, marking the largest exploration effort in the company's 14-year history, driven by the belief in the project's untapped potential [1][3]. Exploration Program Details - The exploration program includes field activities such as soil sampling, mapping, and prospecting, with plans for a diamond core drilling program in the 2025 field season [2][4]. - The São Jorge mineral system is characterized by a 12 km x 7 km footprint of elevated surface geochemical anomalies, indicating substantial exploration potential [2][4]. Drilling Campaign - The planned drilling campaign will encompass up to 5,000 meters, targeting the expansion of the São Jorge deposit along strike and testing new zones of potential mineralization [6]. - High-grade auger drill intercepts from 2024 included results such as 1 meter at 17.14 g/t Au and 5 meters at 2.78 g/t Au, all from shallow depths [6][13]. Recent Discoveries - Recent soil sampling in 2025 revealed the highest gold-in-soil anomaly on the property at 5.96 g/t Au at the William North prospect area [6][7]. - The auger drilling at William South has returned numerous high-grade intercepts, indicating the potential for new gold mineralized zones [7]. Team and Infrastructure - The exploration team is led by experienced professionals, including President Paulo Pereira and VP Exploration Tim Smith, enhancing the project's credibility and potential for success [3]. - The project's location benefits from proximity to existing highway and power infrastructure, further supporting its growth opportunity [3].
American Eagle Secures 100% Ownership of the NAK Copper-Gold Porphyry Project in BC
Newsfile· 2025-03-13 10:00
Core Viewpoint - American Eagle Gold Corp. has successfully acquired 100% ownership of the NAK Copper-Gold Porphyry Project, marking a significant milestone in its exploration strategy and commitment to advancing this high-quality asset [2][3][9]. Acquisition and Ownership - The acquisition fulfills all obligations under the December 24, 2021, option agreement, with American Eagle issuing 1,000,000 common shares as part of the final payment [5][9]. - The NAK project is located in a prolific mining region of British Columbia and has already shown promising drill results, including 248 meters at 1.10% CuEq and 302 meters at 1.09% CuEq [3][9]. Exploration Plans - Over 80% of NAK's prospective ground remains untested, with a 30,000-meter drill program scheduled for 2025 [4][9]. - The company is fully funded with approximately $37 million in cash to support an aggressive multiyear exploration strategy [4][9]. Geological and Economic Potential - The NAK project features a large-scale porphyry system with significant resource potential, including high-grade copper and gold mineralization identified at surface [3][7]. - The project benefits from favorable geological and geographical conditions, such as road access, gentle topography, and proximity to infrastructure [7][18]. Community and Sustainability Commitment - American Eagle is dedicated to maintaining strong relationships with local stakeholders, including the Lake Babine Nation, and prioritizes transparent communication as exploration progresses [13]. Key Target Areas - The exploration will focus on several key zones, including the North Zone, Central Zone, and South Zone, with plans for step-out drilling to refine the orientation and extent of mineralization [8][10][11][15]. - The Northeast and Southeast Expansion Zones will also be immediate focuses for further exploration [15][16]. Technological and Methodological Approaches - The 2025 exploration program will include non-drilling initiatives such as geophysical surveys and metallurgical studies to enhance the project [12][17]. - Historical drill core will be re-logged and resampled to incorporate into the current exploration model [17]. Strategic Partnerships - The company has secured strategic investments from South32 and Teck Resources Limited, positioning it well for future growth and exploration [4][9][19].
Collective Mining Drills its Best Hole to Date at the Recently Discovered Ramp Zone by Intersecting 75.80 Metres at 8.01 g/t Gold Equivalent
Prnewswire· 2025-03-12 20:01
Core Insights - The company has made a significant discovery in the Ramp Zone, with an internal 3D model developed to explain its formation, suggesting potential for extensive mineralization beyond the current breccia body at Apollo [1][3] - A fully funded 60,000-metre drill program for 2025 is underway, with six drill rigs currently operational, targeting multiple projects including Apollo, Tower, and San Antonio [1][4] - The Ramp Zone has been expanded to dimensions of at least 75 metres of strike, 480 metres in width, and 150 metres vertically, remaining open in all directions [3] Drilling Program Objectives - The 2025 drilling objectives include improving the grade profile of the Apollo system, expanding the dimensions of the Ramp Zone, and testing the northern extension potential at shallower elevations [2][4] - The company aims to systematically drill test newly modeled high-grade sub-zones within the top 1,000 vertical metres to enhance the overall grade of the Apollo system [4][8] Assay Results - Drill hole APC105-D1 reported the best results to date in the Ramp Zone, with 75.80 metres at 8.01 g/t gold equivalent, including 21.00 metres at 24.16 g/t gold equivalent [4][5] - Drill hole APC103-D3 showed significant mineralization with 20.30 metres at 6.68 g/t gold equivalent from the Ramp Zone [4][5] Company Overview - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration in Caldas, Colombia, with options to acquire 100% interests in two projects within an established mining camp [7][8] - The flagship project, Guayabales, is anchored by the Apollo system, which is characterized by large-scale, bulk-tonnage, and high-grade mineralization [8][9] Shareholder Alignment - Management, insiders, and a strategic investor collectively own approximately 44.5% of the company's outstanding shares, indicating strong alignment with shareholder interests [9]
Stakeholder Submits Class 1 Drilling Notification for Ballarat
Newsfile· 2025-03-11 13:00
Core Viewpoint - Stakeholder Gold Corp. has submitted a Class 1 Notification for 2025 exploration on the Ballarat Gold-Copper Project, which includes maiden drilling on the Skye Gold Zone and the Loki Copper Zone [1][5]. Exploration Program Details - The company plans to drill 2,500 meters over 8 to 10 drill holes, targeting the Skye Gold Zone and the Loki Copper Zone, which are approximately 8 to 10 km apart [2]. - Approximately 2,000 meters of drilling is expected on the Skye Gold Zone and 500 meters on the Loki Copper Zone, aimed at confirming structural controls, mineralization, and grade [2]. - Additional exploration activities for 2025 will include expanded soil grid surveys, geological mapping, prospecting, and a LiDAR survey [2]. Strategic Objectives - The objective is to announce results confirming new discoveries for both the Skye Gold Zone and the Loki Copper Zone during the 2025 summer exploration season [5]. - The year 2025 is anticipated to be pivotal for the company in understanding the mineralogical potential of the identified gold and copper structures [5]. Future Implications - If drilling results confirm mineralization and grade as expected, it may lead to a robust follow-up program for definition drilling on both targets [6].