Mineral Resource Expansion
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i-80 Gold Reports New High-Grade Assay Results Reinforcing Resource Expansion Potential at Granite Creek Underground Project
Prnewswire· 2026-01-20 11:01
Core Insights - i-80 Gold Corp. announced positive assay results from its 2025 drilling campaign at the Granite Creek Underground Project, indicating robust high-grade mineralization in the South Pacific Zone, suggesting potential for resource expansion [1][2][3] Project Overview - Granite Creek Underground is i-80 Gold's first underground gold operation, with ramp-up activities progressing towards steady-state gold output [2] - As of December 31, 2024, the project had a measured and indicated gold mineral resource estimate of 261,000 ounces at 10.5 grams per tonne and an inferred resource of 326,000 ounces at 13.0 grams per tonne [2][3] - The project is located along the Getchell Trend in northern Nevada, near significant gold resources [2] Drilling Campaign Details - The 2025 drilling program involved 16,000 meters drilled over 46 holes, focusing on infill drilling to support resource conversion and expansion potential [3][5] - Results from the drilling program will be integrated with data from previous years to update the mineral resource estimate, which will inform the upcoming feasibility study [5][7] Assay Results Highlights - Notable assay results include: - 40.4 grams per tonne over 13.2 meters in hole iGU25-31 - 31.3 grams per tonne over 7.8 meters in hole iGU25-15 - 15.0 grams per tonne over 17.5 meters in hole iGU25-24 - 12.8 grams per tonne over 19.8 meters in hole iGU25-08 [6][9] Future Plans - The company plans to continue testing the South Pacific Zone for further mineralization and is evaluating additional drilling campaigns for 2026 [4][8] - The feasibility study for Granite Creek Underground is expected to be completed by late Q1 2026, with results to be released in Q2 2026 [7]
A2 GOLD DRILLS 2.9 G/T GOLD OVER 20 METRES AT MCINTOSH ZONE
Prnewswire· 2026-01-13 13:15
Core Insights - The recent drill results from A2Gold's Eastside Gold-Silver Project indicate significant extensions of gold and silver mineralization down to 480 meters, which is approximately 70 meters deeper than previously known mineralization from the 2021 program, with notable grades of 3.25 g/t Au and 3.37 g/t Ag over 4.6 meters [1][3] Geological Interpretation - The drill holes were strategically designed to assess the continuity and grade distribution of mineralization within the Eastside structural corridor, revealing broad mineralized intervals with higher-grade zones, which supports the interpretation of a laterally extensive and vertically continuous gold-silver system [2] Company Strategy and Future Plans - A2Gold's CEO highlighted that these drill results are crucial for demonstrating the scale and quality of the Eastside system, with the upcoming NI 43-101 mineral resource update expected in early 2026, which will incorporate these findings [3] - The company plans an 18,000-meter RC drill program starting around January 19, 2026, focusing on in-fill drilling at McIntosh and Castle, step-out drilling to expand the mineralized footprint, and testing high-priority exploration targets identified from a recent geophysics program [4] Resource Overview - The Eastside Gold-Silver Project currently hosts an inferred resource of 1.4 million ounces of gold and 8.8 million ounces of silver, with mineralization open in all directions, covering a land package of 92 km² [6][7] - The project includes multiple high-priority zones such as McIntosh and Castle, which are expected to contribute to resource growth [6][9] Assay and Quality Control - All drill core samples underwent rigorous logging, splitting, and secure transportation to a preparation facility, with gold analyses conducted using standard fire assay methods, and a quality assurance program was implemented to ensure the accuracy and reliability of the analytical results [4]
CORRECTION -- Emerita Resources Corp.
Globenewswire· 2026-01-07 14:06
Core Insights - Emerita Resources Corp. reported significant drilling results from the El Cura deposit, part of the Iberian Belt West project, with notable intersections including 12.1m grading 1.6% copper, 0.85 g/t gold, and 32.11 g/t silver [1][11] Drilling Results - Drill hole EC092 intersected 12.1m grading 1.6% copper, 0.1% lead, 0.1% zinc, 0.85 g/t gold, and 32.11 g/t silver [5][11] - Other notable drill results include: - EC086: 1.8m grading 2.3% copper, 1.78 g/t gold, and 61.39 g/t silver [5] - EC085: 1.4m grading 5.8% copper, 4.89 g/t gold, and 51.0 g/t silver [5] - EC083: 1.3m grading 0.7% copper, 74.08 g/t silver [6] - The deposit has a strike extent of approximately 650 meters and extends about 320m down-dip, with mineralization intercepted in all reported holes [10][11] Project Development - The El Cura deposit is undergoing Prefeasibility Studies, with ongoing drilling aimed at expanding the resource boundaries [1][14] - A total of 86 holes have been drilled at El Cura, with a hit rate of 86% for mineralized intervals [14] - The deposit is considered suitable for underground bulk mining methods, such as long-hole stoping [14] Geological Insights - The drilling tested various portions of the deposit, revealing a coherent steeply dipping gold-copper-rich deposit [10][14] - The upper central area showed consistent results with previous holes, indicating a narrow, copper-gold enriched interval within a broader zone of average grade material [12] Future Exploration - Follow-up extension testing is warranted in the area surrounding hole EC092 due to its significant results [11] - The western extension of the deposit remains a priority for the ongoing drill program, as holes EC085 and EC087 expand the mineral resource boundary beyond previous estimates [13]
Tartisan Nickel Corp. Closes $1,000,000 Financing at $0.24 per Share
TMX Newsfile· 2025-12-31 12:50
Financing Details - Tartisan Nickel Corp. has closed a non-brokered flow-through financing for gross proceeds of $999,984 through the issuance of 4,166,600 flow-through common shares at a price of $0.24 per share [1] - No commission was paid for this transaction, and it is subject to statutory hold periods of four months and one day [1] Use of Proceeds - The proceeds from the financing will be used to incur eligible Canadian Exploration Expenses (CEE) as defined in the Income Tax Act (Canada) [2] - Funds will be directed toward continued exploration and development activities at the Company's Kenbridge Nickel-Copper-Cobalt Project in Northwestern Ontario [2] Company Updates - Mark Appleby, President and CEO, expressed satisfaction with the successful financing and the advancement of drilling at Kenbridge [3] - The company is currently drilling and awaiting assays from the first completed drill hole, with expectations of meaningful resource expansion [3] - Updates will be provided as they become available [3] Company Overview - Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company [3] - The company owns the Kenbridge Nickel Project, the Sill Lake Silver Property, and the Night Danger Turtle Pond project [3][4] - As of now, there are 152,215,641 common shares outstanding, with a fully diluted total of 156,314,356 shares [4]
McFarlane Targets Resource Expansion at Juby Gold Project
Globenewswire· 2025-12-11 12:00
Core Viewpoint - McFarlane Lake Mining Limited is initiating a significant diamond drilling exploration program at its Juby Gold Project, aiming to enhance resource estimates and unlock shareholder value through a dual approach of drilling and sampling historic core [1][3][7]. Exploration Program - The upcoming drilling program will cover 12,000 to 13,000 metres, marking the largest single drill program in Juby's history [1][7]. - The exploration targets an estimated additional 15 million to 30 million tonnes of gold mineralization, with grades ranging from 0.9 to 1.1 grams per tonne [7][9]. Resource Estimates - The current Mineral Resource Estimate (MRE) for the Juby Gold Project includes 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t and 3.17 million ounces in the Inferred category at an average grade of 0.89 g/t [15]. - A sensitivity analysis at a higher gold price of US$3,750 per ounce indicates an increase in Indicated Mineral Resource to 1.20 million ounces and Inferred Mineral Resource to 4.23 million ounces [16]. Geological Modeling and Strategy - The updated exploration strategy incorporates a lower cutoff grade of 0.25 g/t gold, which is a shift from the previous 0.4 g/t cutoff, reflecting current economic conditions [7][10]. - The latest geological modeling software has been utilized to identify mineralization targets outside the current resource area, with high potential areas identified beneath the Golden Lake pit and in both the Juby east and west zones [7][10]. Environmental Studies - Baseline environmental studies have commenced, which are essential for future mining permit applications and bulk sample extraction [11]. Additional Assets - Besides the Juby Gold Project, McFarlane holds a portfolio of 100%-owned gold assets across Ontario, including the past-producing McMillan Gold Mine and Mongowin properties [19].
Collective Mining Significantly Expands the Apollo System to the North by up to 450 Metres Through Multiple Broad Intercepts Representing a New Hanging Wall Vein Zone
Prnewswire· 2025-12-09 21:01
Core Insights - Collective Mining Ltd. has announced significant assay results from seven diamond drill holes that have expanded the Apollo system by 450 metres to the north, indicating a large-scale, high-grade mineralization enriched in gold, silver, copper, and tungsten [1][6][7] - The Apollo system is part of the flagship Guayabales Project in Caldas, Colombia, which is characterized by multiple targets and rich infrastructure [1][15] Exploration and Drilling Activities - The company has completed 153,000 metres of diamond drilling across its Guayabales and San Antonio projects, with 106,500 metres specifically at Apollo [2] - An aggressive drilling program is planned for 2026, targeting up to 100,000 metres of additional drilling, supported by US$135 million in cash as of December 1, 2025 [3][2] New Discoveries - The discovery of the Hanging Wall Vein Zone during directional drilling has revealed thick zones of gold-rich sheeted veinlets, which have the potential to significantly increase the overall mineral inventory of the Apollo system [4][6] - The Hanging Wall Vein Zone has expanded the mineralized footprint of Apollo, increasing the northeast strike length by 43% to approximately 1,050 metres [7] Notable Assay Results - Significant intercepts from the Hanging Wall Vein Zone include 61.30 metres at 1.78 g/t gold equivalent and 130.40 metres at 1.15 g/t gold equivalent [6][12] - The Northern Expansion Zone has also shown notable results, including 91.15 metres at 2.31 g/t gold equivalent and 120.35 metres at 1.35 g/t gold equivalent [9][12] Future Plans - The company plans to initiate a follow-up drilling campaign targeting the Hanging Wall Vein Zone in early Q1 2026 to further delineate this new discovery [8] - The management is optimistic about the potential for significant resource expansion at Apollo, with targeted drilling planned for the newly discovered zones [4][8]
Banyan Gold Continues to Extend Powerline Mineralization Beyond Existing Resource and Between Deposits, AurMac, Yukon, Canada
Accessnewswire· 2025-12-09 11:30
Core Insights - Banyan Gold Corp. is expanding and upgrading the Powerline Deposit at its AurMac Project located in the First Nation of Na-Cho Nyäk Dun Traditional Territory, Yukon [1] - Recent diamond drillholes have intersected new high-grade domains, extending the mineralization of Powerline to a new area southwest of the main deposit [1] - The results demonstrate the continuity of high-grade mineralization in the central Powerline deposit and between the Airstrip Deposit [1]
Scorpio Gold Drills 24.67 Metres Grading 1.85 g/t Gold, from 98.76 Metres, in New Zone of Mineralization at the Manhattan District, Nevada
Newsfile· 2025-11-24 11:00
Core Insights - Scorpio Gold Corporation has announced promising drilling results from its Manhattan District Project in Nevada, indicating significant potential for resource expansion and high-grade gold mineralization [1][2][4] Drilling Results - The latest drilling program included results from seven holes, with notable highlights such as hole 26MN-026 returning 1.85 g/t gold over 24.67 metres and hole 25MN-022 returning 21.82 g/t gold over 3.23 metres [1][7][14] - The company has reported assays on 16 drill holes totaling 5,341 meters in 2025, reinforcing the belief in the district-scale opportunity of the Manhattan project [1][2] Resource Expansion Potential - New zones of mineralization have been identified both near surface and at depth, suggesting a significant expansion of the resource envelope [2][3] - The results from Mustang Hill indicate the presence of a previously unidentified structural trend that may add a new near-surface target zone to the existing mineral resource [5][8] Geological Significance - The drilling results demonstrate continuity of mineralization and the potential for adding tonnes to the existing inferred resource, particularly in the Gap Zone and Reliance Trend [16][19] - Multiple high-grade intercepts and step-outs of 25-100 metres are consistent with the company's objective to materially grow the resource base [8][19] Future Exploration Plans - The company is currently executing a 50,000-meter drilling program, with expectations for a steady flow of updates that will highlight the growing value of the Manhattan asset [4][8] - Future work will include reviewing historic drill holes and underground workings to define the size and shape of new target areas for further testing [5][8]
Eloro Resources Further Expands Extent of Potential Starter Pit Zone, Intersecting 90 metres grading 61.05 g/t Silver and 0.20% Tin at its Iska Iska Project, Potosí Department, Southern Bolivia
Globenewswire· 2025-11-19 12:00
Core Insights - Eloro Resources Ltd. announced further assay results from the Iska Iska Project, indicating the expansion of the Silver-Zinc-Polymetallic Domain and confirming that the deposit remains open to the east [3][5][6] - The current phase of definition drilling has concluded with a total of 8,286.40 meters drilled across sixteen holes, with results from fourteen holes reported and two pending [3][6] - The results from drill holes DSB-91 and DSB-92 show significant higher-grade mineralization, suggesting potential for further resource expansion in the planned Preliminary Economic Assessment (PEA) [5][6][28] Summary of Drill Results - DSB-92 intersected 90.00 meters grading 61.05 g/t Silver and 0.20% Tin, with notable sections including 15.00 meters at 173.30 g/t Silver and 49.50 meters at 50.14 g/t Silver [6][11] - DSB-91 revealed several higher-grade intervals, including 64.50 meters at 37.33 g/t Silver and 151.50 meters at 1.41% Zinc, 0.63% Lead, and 13.35 g/t Silver [6][9] - The presence of continuous higher-grade mineralization in both the Sn-Ag and Ag-Zn-Polymetallic domains indicates a potential feeder system within the deposit [5][6] Future Exploration Plans - The company plans to expand its infill and step-out drilling program in 2026 to further define and expand the mineral resource estimate (MRE) for the planned PEA [5][6] - The ongoing definition drilling continues to return long and higher-grade intercepts, with significant potential to upgrade mineral resources [6][28] Project Background - The Iska Iska project is a major silver-tin polymetallic porphyry-epithermal complex located in southern Bolivia, with Eloro holding an option to earn a 100% interest [20][21] - The project is characterized by significant mineralization similar to other major deposits in the region, with a vertical extent of at least 1 km [21][23] - A NI 43-101 Technical Report has been filed, outlining the initial inferred mineral resource estimate for Iska Iska, which includes both Polymetallic and Tin Domains [23][24]
Galiano Gold Advances Towards a Maiden Underground Resource at Abore with Additional High-Grade Results Encountered Including 4.7 g/t Au over 28m and 3.5 g/t Au over 17m
Newsfile· 2025-11-17 12:30
Core Viewpoint - Galiano Gold Inc. is advancing towards establishing a maiden underground mineral resource at the Abore deposit, with recent drilling results indicating significant high-grade intercepts, including 4.7 g/t Au over 28m and 3.5 g/t Au over 17m, which will be included in the upcoming resource estimate expected in February 2026 [1][6]. Drilling Program Update - The ongoing drilling program at Abore, part of the Asanko Gold Mine in Ghana, has confirmed multiple high-grade intercepts, leading to an expansion of the drilling program by an additional 11,000 meters [1][14]. - The current drilling campaign began in Q2 2025 and is set to continue through the end of Q4 2025 and into 2026 [7]. High-Grade Intercepts - Significant drill results include: - 4.7 g/t Au over 28m from 339m depth (Hole ABDD25-414) - 3.5 g/t Au over 17m from 364m depth (Hole ABPC25-406) - 3.6 g/t Au over 20m from 178m depth (Hole ABDD25-425) [5][9]. - The drilling has confirmed excellent continuity of high-grade mineralization within the north plunging ore shoots below both the South and Main pits, spanning approximately 800m in strike length [9][12]. Resource Expansion Strategy - The company aims to increase the density of drilling to convert inferred resources to indicated resources and to test for further extensions of mineralization along strike and plunge below the existing mineral resource [15]. - A budget of $3.1 million has been approved for the additional drilling, with a focus on defining a maiden underground mineral resource [14][15]. Geological Context - The Abore deposit is located along the Esaase shear corridor and is characterized by a sedimentary sequence intruded by granite, with mineralization primarily constrained to the granite [16][15]. - The geology supports the potential for underground mining, with high-grade mineralization associated with quartz vein areas along the granite/sediment contact [16]. Future Outlook - The company plans to deliver an updated mineral resource and mineral reserve statement by February 2026, incorporating new exploration data collected before the cut-off date of January 5, 2026 [15][14]. - The results from the current drilling program are expected to redefine the long-term future of the Asanko Gold Mine [6].