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Miata Doubles Mineralized Footprint at Jons Trend with a 500m Step Out in Hole 039 and Highlights 54 m at 1.04 g/t Au in Hole 043
Globenewswire· 2025-12-10 13:00
Core Insights - Miata Metals Corp. has announced significant drill results from the Jons Trend Zone at its Sela Creek Gold Project in Suriname, confirming gold mineralization across a 750 m by 250 m corridor to a depth of 200 m, with potential for further expansion [2][6][8] - The drilling results indicate a substantial increase in the known mineralized footprint, with a 500 m step-out confirming continuity and expanding the Jons Trend by over 100% [2][7][9] - The company plans to accelerate its discovery-focused program in Q1 2026 with a fully funded two-rig program to explore multiple prospects simultaneously [6][8] Drilling Results - All drill holes at Jons Trend have intersected gold mineralization, with notable intervals including 54 m at 1.04 g/t gold and 34 m at 1.05 g/t gold [7][8][9] - Continuous gold mineralization is now apparent over a 750 m x 250 m area, open along strike and to depth, representing an increase in size of over 100% [7][8] - The average depth drilled so far is 134 m, with results from 2,755 m still pending [7][9] Geological Insights - The drilling at Jons Trend reveals wide, consistent intervals of gold mineralization hosted in strongly deformed quartz-pyrite-pyrrhotite veining within a thick turbidite sequence, indicating a large bulk-tonnage prospect potentially amenable to open-pit mining [8][10] - Reprocessing of geophysical data suggests that the main structures at Sela Creek may extend to a depth of 1.5 km, indicating the potential for deeper gold mineralization [2][10] Future Plans - The company aims to demonstrate that Sela Creek is the next major gold district in Suriname, with plans to enhance exploration efforts in 2026 [8][20] - Miata Metals holds a 70% interest in the Sela Creek Gold Project and is exploring options to acquire a full 100% interest [20]
Cameo Completes its Induced Polarization Survey at Katoro
Thenewswire· 2025-12-04 14:30
Core Insights - Cameo Resources Inc. has completed the field data collection from its initial Induced Polarization (IP) geophysical survey at the Katoro Gold Property in Tanzania, indicating high prospectivity for gold mineralization [1][3][4] Summary by Sections IP Survey Highlights - The IP survey covered 58 line-kilometers across 5 grids, totaling an area of 3.1855 square kilometers, revealing multiple targets with high chargeability readings up to 250 mV/V [2][4] - The raw data has been handed over to Dr. Didas M. Mabula for expert processing and interpretation, with a final report expected within two weeks [2][4] Drilling Plans - The company aims to fast-track the selection of priority drill targets, with groundwork completed and drilling expected to commence in early January [3][4] - This will mark the first drilling campaign at the Katoro Property, with initial results suggesting mineralization depths comparable to known deposits in the region [3][4] Property Overview - The Katoro Gold Property spans 19.58 square kilometers within the Sukumaland Greenstone Belt, a significant mining area in Tanzania known for multi-million-ounce gold deposits [9][11] - The property has been previously mined by artisanal miners, with geological features indicating potential for gold mineralization [9][11]
Gold Hunter Identifies High-Priority Structures at Great Northern; Geophysical Survey Expands Known Zones and New Regional Trends
Newsfile· 2025-12-04 12:00
Core Insights - Gold Hunter Resources Inc. has announced the results of a district-scale helicopter-borne VTEM™ Plus geophysical survey at the Great Northern Project, revealing significant opportunities for resource expansion and new discovery targets [1][4][12]. Geological Context - The Great Northern Project shares geological similarities with the Valentine Gold Project, characterized by a major controlling fault, ideal structural traps, proven mineralization, and untapped potential for exploration [2][3]. Survey Interpretation - The VTEM and magnetic survey covered the entire claim area, identifying two primary opportunities for value creation: resource expansion potential and regional exploration upside [4][6]. Resource Expansion Potential - High-resolution magnetic data indicates that historically fragmented zones, particularly in the Viking-Thor-Asgard confluence, have excellent expansion potential due to previously undrilled structures [6][12]. - The survey reveals structural continuity, suggesting that mineralization may extend into previously unexplored areas, providing immediate drill-ready targets [6][12]. Regional Exploration Upside - The survey has identified multiple high-priority anomalies along the Doucers Valley Fault, indicating the presence of new discovery targets that share geophysical characteristics with known mineralization [6][12]. - These undrilled structural trends represent "blind" targets, supporting the thesis that the district contains multiple gold-bearing structures parallel to the main fault [6][12]. Advanced Structural Analysis - The first vertical derivative magnetic data has highlighted internal structural geometries within the property, revealing new prospective structures and enhancing the understanding of the geological framework [10][11]. Company Overview - Gold Hunter Resources Inc. is focused on acquiring and advancing high-potential mineral projects, with the Great Northern Project being its flagship asset, covering 26,237 hectares along the Doucers Valley Fault [15].
Cabral Gold Drills New Mineralized Structure Connecting PDM and Central Gold Deposits, Cuiú Cuiú Gold District, Brazil
Newsfile· 2025-12-04 11:35
Core Insights - Cabral Gold Inc. has announced significant drill results from the Mutum target, indicating a previously unrecognized mineralized structure connecting the Central and PDM gold deposits over a distance of 1.8 kilometers [3][6][16] Summary by Sections Drill Results - The reconnaissance drilling at the Mutum target included 17 shallow RC drill holes, with notable intercepts such as 8 meters at 1.32 grams per tonne (g/t) gold from 43 meters depth in hole RC0602, and 13 meters at 0.83 g/t gold from 11 meters depth in hole RC0604 [6][15][16] - Previous surface trenching in the area returned results of 32 meters at 1.0 g/t gold, 25 meters at 0.9 g/t gold, and 16.5 meters at 0.9 g/t gold [7] Geological Insights - A drone magnetic survey revealed a clear northwest-trending structural corridor that was not visible in earlier airborne data, enhancing the understanding of the geological controls on gold mineralization in the Cuiú Cuiú district [4][10][18] - The Mutum target is characterized by thick soil cover and low gold-in-soil values, which previously made it a low-priority area for exploration [8] Future Plans - In light of the promising results, the company plans to conduct follow-up drilling along the newly identified mineralized structure connecting the Central and PDM deposits [17] - The company has acquired its own drone magnetic system to expedite exploration across the entire Cuiú Cuiú district [18] Company Background - Cabral Gold Inc. focuses on the exploration and development of gold properties in Brazil, holding a 100% interest in the Cuiú Cuiú gold district, which contains significant indicated and inferred resources [25][26]
Liberty Gold Reports Consistent Gold Grades from Infill Drilling at Black Pine Gold Project, Idaho
Globenewswire· 2025-12-03 11:00
Core Insights - Liberty Gold Corp. announced positive results from its 2025 resource infill drilling program at the Black Pine Oxide Gold Project in Idaho, confirming the geological model of gold mineralization [1][4][6] Drilling Results - Recent drill results include 0.68 g/t Au over 24.4 meters and 0.81 g/t Au over 22.9 meters at Rangefront, and 0.61 g/t Au over 71.6 meters at Discovery [1][4] - The drilling program is ongoing, with 21 holes reported from Rangefront and approximately 30 additional holes pending results [7] Resource Growth and Feasibility Study - The infill drilling is converting Inferred resources to Indicated and is expected to enhance confidence in the resource model ahead of the Feasibility Study, which is projected to include around 40,000 meters of new drilling [6][8] - The Feasibility resource update is anticipated to be completed in early Q1 2026, with ongoing drilling expected to reach 33,000 meters by mid-December 2025 [6][8] Metallurgical Drilling - In addition to exploration drilling, metallurgical core drilling has been completed, with results expected in early 2026, contributing to the Phase 10 metallurgical program [8] Geological Model Validation - Drilling at both the Rangefront and Discovery zones has validated the resource model and improved confidence in the metallurgical classification, indicating potential for resource expansion [4][12]
GoldHaven Resources Completes Eight Diamond Drill Holes at Copeçal Gold Project in Brazil: Ninth Hole Underway To Follow Up Sulphide Intersection in Hole 4 East Target
Globenewswire· 2025-12-02 14:00
Core Insights - GoldHaven Resources Corp. has successfully completed eight diamond drill holes at its 100%-owned Copeçal Gold Project in Brazil, with a ninth hole now added to the program [1][2][10] - The drilling program is focused on high-priority gold targets identified through soil and auger geochemistry, supported by geophysical surveys [1][10] - The initial reconnaissance phase will conclude with the completion of the ninth hole, after which all drill cores will be logged, sampled, and submitted for assay [6][9] Drilling Progress - A total of eight diamond drill holes have been completed, totaling 889.55 meters, with 441.7 meters drilled at the East Target and 447.85 meters at the West Target [8] - The ninth hole, COPE-PDH-009, is currently in progress and aims to drill 200 meters down-hole depth at the East Anomaly, following up on promising mineralization found in hole COPE-PDH-004 [8][10] - Hole COPE-PDH-004 intersected disseminated pyrite and chalcopyrite from 79 meters to 100.25 meters, providing evidence of potential mineralization [8] Geological Context - The Copeçal Gold Project is located within the Alta Floresta Gold Province, a historically productive area for gold discoveries since the late 1970s [11][14] - The project covers 3,681 hectares in a geologically favorable setting within the Juruena Gold Province, which is known for its potential for mesothermal shear-related and intrusion-related gold deposits [12][14] - Historical exploration by AngloGold Ashanti from 2010 to 2016 has confirmed gold and arsenic anomalies, indicating significant mineralization potential [15][16] Future Outlook - The company anticipates providing a detailed update on geological logging, sampling, and assay results as it progresses toward its discovery objectives at Copeçal [9][10] - The addition of the ninth drill hole reflects the company's disciplined approach to advancing high-priority targets based on encouraging results from the initial drilling campaign [10]
Stellar Africagold Updates Ongoing Exploration and Drilling Activities at the Tichka Est Gold Project, Morocco
Thenewswire· 2025-12-02 12:00
Vancouver, BC – TheNewswire - December 2, 2025 Stellar AfricaGold Inc. (“Stellar” or the “Company”) is pleased to provide an update on the exploration and drilling program at Tichka Est Gold Project in the High Atlas of Morocco.1. Drilling Program ProgressSummary of drilling progress to date: 7 diamond drill holes completed, totaling 1,218 metres Average drilling rate of 11 meters per day Drill progress suffered minor adverse impacts caused by: intermittent wet weather events impacting access roads and ...
European Electric Metals to Acquire Miminiska Gold Property in Ontario, Name Change to Canadian Goldfields Discovery Corp. and Appointment of John Booth as CEO
Newsfile· 2025-12-01 21:35
Core Viewpoint - European Electric Metals Inc. is acquiring the Miminiska Gold Property in Ontario and will change its name to Canadian Goldfields Discovery Corp, with John Booth appointed as CEO [1][2][21]. Acquisition Details - The Company has entered into a Purchase Agreement with Storm Exploration Inc. to acquire mineral claims and licenses in the Miminiska-Fort Hope greenstone belt, covering 6,366.4 hectares [1][4]. - The total cash payments to Storm will amount to CAD$3,525,000, including a non-refundable deposit of CAD$200,000 and a closing cash payment of CAD$1,800,000 [25][28]. - The acquisition is subject to approval from the TSX Venture Exchange and customary conditions [30]. Property Overview - The Miminiska Gold Property consists of 278 unpatented mining claims, 43 mining patents, and 1 mining license, located approximately 350 km north of Thunder Bay [4]. - The property is situated within Eabametoong First Nation territory, with an updated Exploration Agreement in place to ensure community involvement [5]. Geological Insights - The property has significant gold mineralization associated with Algoma-type Banded Iron Formations, with notable historic drill intercepts including 20.84m at 5.75 g/t Au [7][11]. - Modern exploration has identified several targets that have not yet been drill tested, with potential similarities to Orla Mining Ltd.'s Musselwhite Mine [7][8]. Exploration Plans - Initial exploration will include step-out drilling at the Miminiska and Frond Lake prospects, with a focus on identifying structural breaks near strong magnetic anomalies [18][19]. - A Phase 1 drilling and exploration program is estimated to cost approximately CAD$1,900,000 [20]. Leadership Changes - John Booth has been appointed as CEO, bringing over 25 years of experience in international capital markets and natural resources [21][22]. - The previous CEO, Fred Tejada, will continue to contribute as a Director [24]. Financing Strategy - The Company plans to conduct a private placement financing of CAD$7,000,000 to support the acquisition and exploration activities [32][34]. - The financing will consist of common shares priced at CAD$0.20 per share, with additional flow-through shares at CAD$0.22 [32][33].
Dakota Gold Intersects High-Grade Gold Mineralization in 150-Meter Step-Out Drill Hole at Richmond Hill
Newsfile· 2025-12-01 21:15
Core Insights - Dakota Gold Corp. reports significant high-grade gold mineralization at the Richmond Hill Oxide Heap Leach Gold Project, confirming the project's resource growth potential [1][3][6] - The company is actively drilling with plans to complete approximately 27,500 meters (~90,000 feet) during its 2025 drilling campaign [1][3] - The project is positioned for long-term value creation through ongoing drilling, feasibility studies, and permitting processes [3][10] Drilling and Assay Results - Recent metallurgical drill hole RH25C-236 intersected 8.17 grams per tonne gold over 11.3 meters, exceeding current block model grades [6] - Expansion drill hole RH25C-296 intersected 1.45 g/t Au over 18.3 meters, indicating mineralization remains open and is only limited by drilling [6][7] - The company has completed drilling and pump installation at all 28 water wells required for permitting, with sampling initiated in November [3][4] Project Development and Future Plans - Dakota Gold aims to advance the Richmond Hill project to commercial production by 2029, alongside outlining a high-grade underground resource at the Maitland Gold Project [10] - The project requires state and county permits, with a feasibility study and permit application targeted for early 2027 [3][4] - Core drilling is ongoing in the northeast project area, with additional assay results expected through the fourth quarter of 2025 and into 2026 [4][6]
New Found Gold Confirms High-Grade Gold Mineralization Over Broad Widths from Keats Zone Initial Grade Control Drilling, Queensway Gold Project: 219 g/t Au over 9.35 m from 19.00 m and 160 g/t Au over 10.30 m from 15.80 m
Newsfile· 2025-12-01 07:00
Core Insights - New Found Gold Corp. has confirmed high-grade gold mineralization at the Keats zone of its Queensway Gold Project, with notable drill results including 219 g/t Au over 9.35 m and 160 g/t Au over 10.30 m [1][5][10] Company Overview - New Found Gold Corp. holds a 100% interest in the Queensway Gold Project and is focused on advancing it into production [38] - The company has also acquired the Hammerdown Gold Project and is working towards steady-state gold production [38] Drilling Program Details - The initial results reported are from 16 of 84 diamond drill holes, representing approximately 20% of the total results from the grade control drilling program [4][6] - The drilling program aims to enhance confidence in the grade distribution of high-grade, near-surface mineralization and support mine planning [4][10] Drill Results Highlights - Significant drill results include: - 219 g/t Au over 9.35 m from 19.00 m [5] - 160 g/t Au over 10.30 m from 5.10 m [5] - 105 g/t Au over 10.20 m from 15.80 m [5] - The results align well with the initial mineral resource estimate block model, confirming strong continuity of high-grade mineralization at Keats [10] Future Plans - The company plans to expand the grade control drilling program in 2026, optimizing drill hole spacing and program scope based on 2025 results [12] - The 2025 Queensway drill program, which commenced in May 2025, is over 90% complete and is expected to finish all proposed drilling in Q4/25 [14][15] Exploration and Excavation Activities - Ongoing exploration drilling is taking place in the vicinity of the Dropkick zone, where a new zone of gold mineralization is being outlined [16] - An excavation program has been completed to validate the geological model and collect analytical information across key zones for the Preliminary Economic Assessment Phase 1 mine plan [17]