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Azimut Expands its Flagship Elmer Project with the Acquisition of the K2 Property
Globenewswire· 2025-07-03 10:30
Core Viewpoint - Azimut Exploration Inc. has entered into a binding purchase and sale agreement to acquire the K2 Property from Dios Exploration Inc., enhancing its strategic position in the Eeyou Istchee James Bay region of Quebec, Canada [1][2]. Acquisition Details - Azimut will acquire 100% interest in 103 claims covering 54.3 km for a cash payment of C$120,000 and the issuance of 200,000 common shares [2]. - Dios will retain a 2.0% NSR royalty on the K2 claims, with an option to buy down 1.0% NSR for C$3,000,000 [2]. - The agreement is subject to approval by the TSX Venture [2]. Strategic Positioning - The acquisition consolidates Azimut's position along the Lower Eastmain Archean greenstone belt, where an initial gold resource has been defined on the Patwon Zone [3]. - The K2 block includes 25 gold and copper-gold-silver prospects and extends the Elmer Property by an additional 7 km of strike length [3]. - A scoping study is underway to reassess growth opportunities at Elmer, with several drill-ready targets identified nearby [3]. Elmer Property Overview - The Elmer Property now comprises 658 claims (346.6 km) over a 42.8-kilometre strike length, including the newly acquired K2 claims and 32 additional claims [4]. - The property is located 285 km north of Matagami, 60 km east of Eastmain, and 5 km west of the Billy-Diamond Highway, benefiting from excellent infrastructure [4]. Company Profile - Azimut is a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [6]. - The Elmer Gold Project is at the resource stage with 311,200 oz Indicated and 513,900 oz Inferred at a gold price of US$1,800 per ounce [7]. - Significant exploration activities are planned for 2025 on other projects, including Wabamisk and Kukamas [7].
CleanTech to Acquire Campbell Crotser Fluorspar Project in Kentucky's Prolific Fluorspar District
Newsfile· 2025-07-02 12:00
The Campbell Crotser Fluorspar Project covers approximately 250 acres in Livingston County, Kentucky, within the heart of the historic Illinois–Kentucky Fluorspar District, a region long recognized as North America's most prolific fluorspar producing belt. This mineral belt spans approximately 540 square miles across western Kentucky and southern Illinois1. Commercial mining began in the 1870s, and the region went on to produce approximately 3.5 million tons of fluorspar, along with byproducts zinc, lead, a ...
Nevada Lithium Announces Proposed Warrant Extension
Globenewswire· 2025-06-27 11:00
Not for distribution to United States Newswire Services or for dissemination in the United States. VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) -- Nevada Lithium Resources Inc. (TSXV: NVLH; OTCQB: NVLHF; FSE: 87K) (“Nevada Lithium” or the “Company”) is pleased to announce that it will extend the expiry date of an aggregate of 19,488,992 outstanding common share purchase warrants (the “Warrants”) for a further 24-month period to July 7, 2027. The Warrants were previously set to expire on July ...
Millennial Potash Intersects Additional Robust Potash Mineralization in BA-004 at Its Banio Potash Project in Gabon
Newsfile· 2025-06-26 12:00
Millennial Potash Intersects Additional Robust Potash Mineralization in BA-004 at Its Banio Potash Project in GabonJune 26, 2025 8:00 AM EDT | Source: Millennial Potash Corp.Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has completed drillhole BA-004 at the North Target on its Banio Potash Project in Gabon. As part of Millennial's Phase 2 drill p ...
Osisko Development (ODV) Earnings Call Presentation
2025-06-26 11:45
JUNE 2025 REVIVING HISTORIC MINING CAMPS IN NORTH AMERICA Gradient CAUTIONARY STATEMENTS CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION Certain statements contained in this presentation (this "Presentation") may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation (together, "forward-looking statements"). These forward-looki ...
NexGold Infill Drilling Continues to Intersect High Grade Gold Mineralization at the Goldboro Gold Project; 3.58 g/t Gold Over 18.3 Metres, 2.79 g/t gold over 19.7 Metres and 103.50 g/t Gold Over 0.7 Metres
Globenewswire· 2025-06-26 11:00
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide a further update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Gold Project (“Goldboro”) in Nova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of In ...
Nova Pacific Drills 16.2m @ 3.2 g/t AuEq and 17.64m @ 1.92 g/t AuEq from First Assay Results at Lara VMS Project on Vancouver Island, B.C.
Newsfile· 2025-06-24 12:30
Nova Pacific Drills 16.2m @ 3.2 g/t AuEq and 17.64m @ 1.92 g/t AuEq from First Assay Results at Lara VMS Project on Vancouver Island, B.C. June 24, 2025 8:30 AM EDT | Source: Nova Pacific Metals Corp. Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) ("Nova Pacific" or the "Company") is pleased to report assays from the first four holes, totaling 582 metres ("m"), of its ongoing 8,700-m exploration drilling campaign ...
NexGold Infill Drilling Intersects 1.60 g/t Gold Over 36.80 Metres at the Goldboro Gold Project
Globenewswire· 2025-06-19 11:00
Core Viewpoint - NexGold Mining Corp. is advancing its 25,000-metre diamond drill program at the Goldboro Gold Project in Nova Scotia, aimed at improving geological and grade continuity of the Mineral Resource and potentially upgrading Inferred and Indicated Mineral Resources [1][3]. Drilling Program Update - The drill program is progressing well with two active diamond drills, expected to be completed by the end of Q2 2025, with final assay results anticipated in mid-Q3 2025 [1]. - A total of 42 drill holes have been released, representing approximately 30% of the proposed program, with results indicating consistent mineralization with previous drill results [4]. Assay Results - Recent assay results from 11 infill diamond drill holes totalled 3,063.00 metres, showing significant gold intersections, including: - 1.60 g/t gold over 36.80 metres in drill hole BR-25-504, with a high of 53.57 g/t over 0.60 metres [6]. - 0.83 g/t gold over 32.55 metres in the same hole, with 6.00 g/t over 1.60 metres [6]. - Additional notable intersections include 0.61 g/t over 21.80 metres in BR-25-507 and 2.47 g/t over 4.65 metres in BR-25-484 [6]. Geological Model and Resource Update - The existing geological model broadly predicts gold mineralization locations, with adjustments made for local variations where necessary [4]. - The drill program continues to identify additional gold mineralization in previously under-sampled intervals, which will be incorporated into the forthcoming Mineral Resource estimate planned for H2 2025 [4]. Feasibility Study and Permitting - The data from the drill program will support a planned update to the Feasibility Study, which is ongoing while awaiting the final decision on the Nova Scotia Industrial Approval for the project [3]. - The company has received a Notice of Completion regarding its Industrial Approval application, marking a significant milestone in the permitting process for the Goldboro Gold Project [3].
Near Surface Infill-Drilling to Assess Open Pit Production Intersects 45.38 g/t Au over 3.13 m core length, including 141.00 g/t Au over 0.88 m
Globenewswire· 2025-06-18 11:30
TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) ("Red Pine" or the "Company") is pleased to announce further results from the ongoing drilling program at the Wawa Gold Project, Ontario. Near surface drilling completed since May 2025 was conducted as part of the Company's assessment of the open pit potential. (See PR dated May 8, 2025). Highlights of the Open-Pit Evaluation Drilling Michael Michaud, President and CEO of Red Pine commented: "We are excited about ...
Snow Lake Receives Positive Preliminary Results from the Engo Valley Phase 2 Drill Program
Newsfile· 2025-06-18 11:00
Core Viewpoint - Snow Lake Resources Ltd. has announced positive preliminary results from its Phase 2 drill program at the Engo Valley Uranium Project, indicating good intercepts of uranium mineralization and progress towards a maiden resource estimate by the end of 2025 [1][3]. Company Updates - The Phase 2 drill program has completed a total of 31 reverse circulation (RC) drill holes, totaling 2,719 meters, with 8 holes returning mineralized intersections greater than 100 ppm eU3O8 [6][8]. - The diamond drilling segment of the Phase 2 program is set to begin during the week of June 15, 2025, with plans for 19 diamond drill holes in the MUO area and 8 in the D1 area [8]. - A maiden mineral resource estimate for Engo Valley is targeted for completion before the end of 2025, contingent on timely assay results [9]. Industry Context - The global supply deficit of uranium is expanding, necessitating the development of new uranium mines to meet increasing demand [3]. - Namibia is highlighted as the world's third-largest uranium producer, making the exploration and development of projects like Engo Valley crucial for identifying new economic sources of uranium [3].