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Critical Metals Corp Releases Additional High-Grade REE Results From Diamond Drilling at Tanbreez in Greenland
GlobeNewswire News Room· 2025-06-09 18:09
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, is pleased to publish for the first time the assay results of eleven deep diamond drill holes from the Tanbreez Project in Greenland drilled in 2007 and 2013 at the Fjord Deposit. Commenting on the assay results, Tony Sage, CEO and Executive Chairman of the Company, said: "I am further encouraged by the deep diamond drill hole results at Tanb ...
Fitzroy Minerals Drilling Update: 110 m @ 1.94% Cu, Including 58 m @ 3.06% Cu at the Buen Retiro Copper Project, Chile
Thenewswire· 2025-06-09 14:20
Core Viewpoint - Fitzroy Minerals Inc. has reported significant drilling results from the Buen Retiro Copper Project, indicating a large-scale and high-grade copper mineralization system, particularly highlighted by drill hole BRT-DDH022 which returned 110 m @ 1.94% Cu [1][2][5]. Exploration and Drilling Results - The ongoing drilling program at Buen Retiro has confirmed the presence of high-grade copper mineralization, with BRT-DDH022 intersecting 110 m @ 1.94% Cu and 416 ppm Co, including 58 m @ 3.06% Cu from 97 m [5][8]. - Historical drill holes in the Southwest Area have shown a trend with several hundred meters of strike length, returning intersections with grades over 1% copper [2][15]. - The project covers an area of 13,240 hectares and is strategically located near significant infrastructure, facilitating rapid development [3][30]. Future Exploration Plans - The company plans to drill at least 8,000 m in 2025, focusing on the Southwest and North areas, with potential use of a Reverse Circulation (RC) drill rig to accelerate exploration [7][23]. - Exploration efforts will target near-surface copper mineralization within a 1 km-wide by 4 km-long corridor, with ongoing assessments of deeper mineralization potential [3][23]. Geological Insights - The geology of BRT-DDH022 is characterized by typical Iron-Oxide Copper Gold (IOCG) style, with significant hydrothermal alteration and the presence of high-grade copper minerals [10][15]. - The mineralization in the Southwest Area is interpreted to be associated with a sub-vertical structure, enhancing the depth potential for copper [15][16]. Assay Results and Quality Control - Assay results from the ongoing drilling have shown promising intersections, with the best results from BRT-DDH022 indicating a maximum of 12.86% Cu over a 1.0 m sample [10][8]. - The company employs rigorous QA/QC procedures, including the use of certified standards and blanks to ensure the accuracy of laboratory analyses [24][26].
Happy World Ocean Day
Happy World Ocean Day. For those of you who have a passion for the ocean like me, welcome to Ocean Explorer, which is a vehicle that we have for exploring the ocean. We're headed to the United Nations Ocean Conference in France, where people will be gathering, world leaders, explorers, scientists to protect the ocean and also to explore it and understand it.And if you're excited about the ocean, I'd like to recommend that you see our series called Ocean Explorers on Disney Plus. I think it's going to thrill ...
ExxonMobil, SOCAR Sign Deal to Explore Onshore Oil in Azerbaijan
ZACKS· 2025-06-06 14:06
Key Takeaways XOM and SOCAR signed an MoU to explore and develop onshore oil and gas in Azerbaijan. The deal targets unconventional reserves, diversifying from reliance on offshore fields in Azerbaijan. XOM brings shale expertise as SOCAR seeks stable output and broader global energy partnerships.Exxon Mobil Corporation (XOM) has reinforced its longstanding energy partnership with Azerbaijan by signing a fresh memorandum of understanding (MoU) with the country’s state energy company, SOCAR. The agreement, ...
Rocket Lab's Launch Services Soar as Commercial Demand Rises
ZACKS· 2025-06-06 13:20
Core Insights - Rocket Lab USA, Inc. (RKLB) has established itself as a significant player in the launch and space systems market, providing a variety of space systems including satellites and spacecraft platforms, and has a strong position in the small satellite launch market with its Electron rocket, which is the second most frequently launched U.S. rocket [1] Group 1: Company Developments - Rocket Lab has secured a major contract with Japan-based Earth imaging company iQPS for eight dedicated Electron launches, marking one of its largest agreements to date, with six missions planned for 2025 and two for 2026 [2][8] - The upcoming mission on June 10, 2025, will be Rocket Lab's third Electron launch within a span of 24 days, showcasing its increasing launch capacity and reliability in the commercial space sector [2][8] - The company is also developing the Neutron rocket, aimed at larger payloads and constellation deployments, which is expected to enhance its market position and revenue potential [3][8] Group 2: Industry Context - The space launch services market is experiencing growth driven by rapid technological advancements, increasing demand for satellite deployment, and rising investments in space infrastructure [4] - Established players like Boeing and Lockheed Martin are well-positioned to benefit from the growth of the space launch market, with their joint venture, United Launch Alliance (ULA), having successfully launched over 150 rockets since 2006 [5] - ULA's new Vulcan rocket is designed to provide more affordable and accessible space launches for various missions [6] Group 3: Financial Performance - Rocket Lab's shares have seen a significant increase of 495.8% over the past year, compared to the industry's growth of 20.8% [7] - The company's forward 12-month Price/Sales ratio stands at 17.19X, which is considerably higher than the industry's average of 9.45X, indicating that the shares are relatively expensive [9] - The Zacks Consensus Estimate for Rocket Lab's losses in 2025 and 2026 has improved over the past 60 days, suggesting a positive outlook [10]
Nova Pacific Provides Drilling Update at Lara Project
Newsfile· 2025-06-06 12:30
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) ("Nova Pacific" or the "Company") is pleased to provide a further update on the Company's ongoing 8,500-metre Phase 1 exploration drill program at its Lara Volcanogenic Massive Sulphide (VMS) Project located on Vancouver Island, British Columbia.Highlights:Drilling continues: 21 out of 39 planned drillholes have now been completed (4,953m).Second drill rig added: A s ...
Kincora Copper: Expanded Scope for Ongoing Drilling in the Northern Junee-Narromine Belt
Newsfile· 2025-06-06 10:00
Kincora Copper: Expanded Scope for Ongoing Drilling in the Northern Junee-Narromine BeltJune 06, 2025 6:00 AM EDT | Source: Kincora Copper LimitedThe first drilling program by Kincora with earn-in partner AngloGold Ashanti Australia Limited (AngloGold Ashanti) at the Nyngan porphyry project has been expanded for a second time to test new targets identified by a recent ground gravity survey: A total of fifteen wide-spaced scout holes for 6,197.3m have been completed in the current program with ...
RT Minerals Corp. Completes Major UAV Magnetics Survey at Case Property, Ontario - High-Resolution Data to Guide Target Generation
Newsfile· 2025-06-05 12:30
Core Insights - RT Minerals Corp. has successfully completed a high-resolution UAV magnetics survey at its 100%-owned Case Property in Ontario, marking a significant milestone in its 2025 exploration program [1][5] Survey Details - The survey, conducted by Axiom Exploration Group Ltd., covered 687.5 line-kilometres with a primary line spacing of 50 metres, and select areas flown with 25-metre infill spacing to enhance resolution in complex geological zones [2] - The survey was flown at low altitudes to maximize resolution, and the data quality met or exceeded industry standards for UAV-acquired magnetometry [3] Strategic Implications - The high-resolution dataset will be integrated into existing geological and geochemical models, allowing the company to refine exploration focus, enhance structural interpretations, and identify potential drill targets [4] - The CEO of RT Minerals Corp. expressed strong encouragement regarding the quality and scale of the survey, indicating it provides a solid technical foundation for advancing high-priority targets [5] Company Overview - RT Minerals Corp. is a junior exploration company listed on the TSX Venture Exchange, holding a 100% interest in a portfolio of 12 properties related to rare earth elements, gold, and base metals in Ontario, Canada [5]
Blue Star's Target Series: Roma Main Gold Prospect 2.0 km Strike Length, High-Grade, Drill Ready
Newsfile· 2025-06-05 12:00
Core Viewpoint - Blue Star Gold Corp. is advancing its exploration efforts at the Roma Main Gold prospect in Nunavut, which shows significant potential for gold discovery, with surface sampling returning high grades and historical drilling revealing visible gold [1][3][12]. Roma Prospect Highlights - The Roma Main prospect extends over a 2 km strike length and includes three distinct zones: North, Central, and Southern Zones [6][8]. - Surface sampling has yielded gold grades up to 125.6 g/t in the Southern Zone, with historical drilling results including 12.83 g/t over 2.31 metres [3][6][10]. - The mineralized vein system appears to bifurcate at depth, indicating the potential for a developing gold-bearing system [6][7]. Historical Work - The property was first staked in 1989, with initial surface sampling grading up to 9.0 g/t Au, leading to the discovery of the Central and Southern Zones [8][9]. - Historical drilling in 1991 tested the main vein to a maximum vertical depth of 37 metres, with the most encouraging results from the Northern Zone [10][11]. Recent Work - In 2021 and 2022, the company conducted a high-resolution aeromagnetic survey, revealing new insights into the area's structure and geology [11]. - Recent prospecting confirmed the presence of potential parallel mineralized trends, with surface samples averaging 2.96 g/t gold [11]. Next Steps - The company plans to initiate drilling in the Northern Zone, targeting the down-dip extension of previous high-grade intercepts [12]. - Additional fieldwork will investigate mineralized quartz boulders and soil anomalies in the Central and Southern Zones [12].
Maxus Mining Announces Acquisition of a Portfolio of High-Grade Antimony & Tungsten Projects
Globenewswire· 2025-06-05 12:00
Highlights: VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce it has entered into a Property Option Agreement (the "Agreement") with two (2) optionors (the "Optionors") to acquire a 100% interest in one tungsten & three antimony exploration properties, located in British Columbia which cover 4,122 hectares in total (the "Project" or the "Properties"). The antimony projects, Quarry, Hurley & Altura cover ...