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Midland Commences Drilling on Its Jouvex Gold Project Northwest of the Douay Deposit in Abitibi
Globenewswire· 2026-01-15 12:30
Core Viewpoint - Midland Exploration Inc. has initiated a 1,600-meter diamond drilling program on its Jouvex gold property, aiming to explore new gold potential in an area previously overlooked [3][4]. Group 1: Drilling Program Details - The diamond drilling program is set to begin in January 2026, consisting of five drill holes targeting magnetic anomalies and induced polarization (IP) anomalies [5]. - Historical drill hole JOU-1-84 showed promising alteration patterns, indicating favorable conditions for gold mineralization [5]. - The main target for the drilling is a strongly positive magnetic anomaly associated with a chargeability zone, which may suggest the presence of disseminated sulphides [5]. Group 2: Exploration Background - Exploration activities on the Jouvex property resumed in 2024-2025, including drone-supported magnetic surveys and an IP survey totaling 30 line kilometers [4]. - The southern part of the Jouvex property has been identified as the main area for current exploration efforts, with geological modifications indicating potential for VMS mineralization [6]. - The magnetic surveys suggest that major structures in the southern part of the project could be favorable sites for syenitic intrusions, similar to those found in the Douay area [6]. Group 3: Company Overview - Midland Exploration targets the mineral potential of Quebec, focusing on discovering new world-class deposits of gold and critical metals [7]. - The company collaborates with reputable partners, including Rio Tinto Exploration Canada Inc. and BHP Canada Inc., to enhance its exploration efforts [7]. - Midland is actively reviewing additional opportunities to expand its portfolio and generate shareholder value [9].
Algo Grande Engages AI-Metals to Advance AI-Driven Integration Across Adelita Data; Reinforces Target Framework from Prior Geophysical Programs
TMX Newsfile· 2026-01-15 12:30
Core Viewpoint - Algo Grande Copper Corp. has engaged AI-Metals to implement a 12-month AI-driven data reprocessing and integration program for its Adelita Copper-Gold-Silver Project in Sonora, Mexico, aiming to enhance exploration techniques and reduce risks [1][2][8] Data Integration and Exploration Strategy - The integration of historical and new datasets is a key strategy to refine drill targeting and reduce exploration risk [2][8] - The AI-Metals platform will be continuously updated with new geological, geochemical, and geophysical data generated from ongoing drilling and field programs [3][8] Target Identification and Confirmation - The AI-driven analysis has identified zones where multiple independent datasets converge, enhancing the technical basis for target definition [4][6] - The results support the previously identified 32 high-priority exploration targets, indicating consistency with skarn-style copper mineralization near intrusive-carbonate contacts [5][6] Geological Insights - The integration of datasets reveals a large, structurally controlled skarn-porphyry mineral system at Adelita, with independent datasets converging along the same corridors [6][7] - Surface alteration, geochemical anomalies, and magnetic responses suggest vertical continuity from surface expressions into deeper mineralized zones, supporting systematic drill targeting [7][8] Future Exploration Plans - The integrated model will be used to refine drill targeting and support a Phase 2 exploration program planned for late Q1 to early Q2 2026 [17][8] - The AI-driven data integration enhances the understanding of the scale, architecture, and controls of the Adelita mineral system, reinforcing high-confidence targets [17] Market Engagement - Algo Grande has entered into a market-making services agreement with Independent Trading Group (ITG) to maintain liquidity for its common shares on the TSX Venture Exchange [18][22]
Aston Bay Identifies 17 New Base and Precious Metal Showings at the Epworth Copper-Silver Project, Nunavut, Canada
Accessnewswire· 2026-01-15 12:00
Core Insights - Aston Bay Holdings has reported significant findings from its 2025 summer field program at the Epworth project, including high-grade mineralization of copper and silver [1][3][4]. Group 1: Mineralization Findings - The field program identified 17 new base and precious metal showings associated with Mobile Magnetotelluric (Mobile MT) geophysical anomalies, with notable assays including up to 29.2% Cu and 217 g/t Ag [3][5]. - Other significant results include 5.42% Cu with 1.89 g/t Au, 3.73% Cu with 2.08 g/t Au, and up to 10.1% Zn, 17.8% Pb, and 766 ppm Co from select grab samples [3][7]. - The mineralization is linked to the Recluse Group rocks, which are believed to be the source of the geophysical anomalies, indicating potential for further undiscovered mineralization [5][19]. Group 2: Exploration and Future Plans - The 2025 field program involved a four-week exploration effort focusing on the southern half of the property, where previous exploration was limited [7][29]. - The company plans to integrate the new data into a 2026 drill program targeting both high-grade veins and large-scale stratigraphic Cu-Ag-Co mineralization [6][21]. - The exploration strategy is supported by the current market trend towards record copper and silver prices, enhancing the project's economic viability [6][29]. Group 3: Project Overview - The Epworth Property is located approximately 80 km southeast of Kugluktuk in Nunavut, Canada, covering an area of about 102,200 hectares [29][36]. - The property is accessible via float plane and helicopter, with logistical support from nearby communities [29][36]. - Aston Bay has an agreement with Emerald Geological Services to earn an 80% interest in the property through a minimum of $3 million in exploration expenditures over four years [31].
Sable Announces Option Agreement Consolidating the New “Zorro” Project in San Juan, Argentina
Globenewswire· 2026-01-15 12:00
Core Viewpoint - Sable Resources Ltd. has entered into a binding letter agreement to acquire a 100% interest in the "La Esquina" property in San Juan, Argentina, which will be consolidated into the "Zorro Project" comprising 5,236 hectares [1][11]. Project Overview - The Zorro Project is located in the Frontal Cordillera of San Juan, adjacent to significant copper and polymetallic deposits, including the Minsud/South32 Chita Valley Project and the Chita South Porphyry Deposit [2]. - The project area has historical mineral occurrences and is characterized by a large magnetic anomaly measuring approximately 7km by 4km [3]. Mineralization Styles - **Intrusion-Related Cu Mineralization**: Copper mineralization has been identified near the Chita South and Chinchillones deposits, with plans for detailed mapping and a drill program in the second half of 2026 [4]. - **Magmatic-Hydrothermal Breccias**: A breccia zone measuring approximately 180m by 100m has been observed, indicating potential for copper mineralization at depth [5]. - **Epithermal Veins**: Discrete epithermal veins have been found in the periphery of the magnetic anomaly, with various minerals observed, including galena and sphalerite [6]. Exploration Activities - During the initial reconnaissance, Sable collected 98 rock samples for analysis, benefiting from excellent road access and low elevation, which will reduce exploration costs [7]. - The company is committed to exploring the Zorro Project, which is part of a larger regional program in San Juan, Argentina [8][13]. Option Agreement Details - The binding letter agreement allows Sable to conduct due diligence until February 28, 2026, with a 1% net smelter royalty on the property that can be purchased for US$1,000,000 [11][14].
NexGen Announces Expansion of High-Grade Subdomain at Patterson Corridor East (PCE) and Commencement of 2026 Exploration Program Totalling 45,500 Meters
TMX Newsfile· 2026-01-15 11:30
Core Insights - NexGen Energy Ltd. has reported significant expansion of mineralization at the PCE site, with a vertical extent increase of 23% from 335 m to 412 m and a strike length of 210 m [1][3]. - The overall mineralized footprint has expanded to 700 m in vertical extent and 620 m in strike length, indicating ongoing growth potential [1][4]. - The 2026 drilling program will involve 42,000 meters of diamond drilling, marking the largest program to date at the PCE discovery [1][12]. PCE Expansion - The vertical extent of the high-grade subdomain has increased by 23% from 335 m to 412 m, with a strike length of 210 m [1][3]. - The mineralized footprint has expanded to 700 m vertical extent (up from 600 m) and 620 m strike length (up from 600 m) [1][4]. - Additional high-grade subdomain development is noted at 850 m below the surface, indicating further growth potential [1]. 2025 Drilling Program Results - The final drill holes of the 2025 PCE program showed continued expansion of mineralization, with the primary high-grade subdomain growing to 412 m in vertical extent and a strike length of 210 m [3][6]. - A total of 35,366.2 m of drilling was completed in 2025, the largest reported in the Athabasca Basin for that year [6]. - Of the 102 drill holes completed since discovery, 67 are mineralized, with 45 intersecting high-grade (>10,000 cps) and 17 intersecting off-scale (>61,000 cps) [6]. 2026 Exploration Program - The 2026 program will focus on high-grade growth and the continued expansion of the mineralized footprint, with at least eight 200 m spaced tests planned [12]. - Inaugural drilling at NexGen's 100% owned SW3 property will involve 3,500 m to advance high-priority targets [2][14]. - The 2026 program aims to systematically advance PCE while also exploring for repetition of mineralization within the same hydrothermal system [17][18]. Management Commentary - The CEO of NexGen expressed satisfaction with the 2025 outcomes, highlighting the systematic outline of mineralization and the growth potential of the PCE discovery [17]. - The Vice President of Exploration noted that the successful 2025 program positions NexGen to enter 2026 with a deeper understanding of the high-grade system and numerous targets remaining to be tested [18].
Cabral Gold Extends Machichie Main Down-dip and Drills New Mineralized Zone, Cuiú Cuiú Gold District, Brazil
TMX Newsfile· 2026-01-15 11:30
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - Cabral Gold Inc. (TSXV: CBR) (OTCQB: CBGZF) ("Cabral" or the "Company") is pleased to announce results from seven additional diamond drill holes ("DDH") and two reverse circulation ("RC") drill holes at the Machichie Main gold deposit within the Cuiú Cuiú Gold District, Brazil.HighlightsDrilling at the Machichie Main zone located 500m north of the MG gold deposit, continues to both infill and extend the mineralized zone at depth. RC587 retu ...
XXIX Confirms Thierry's Growth Potential with First Systematic IP
TMX Newsfile· 2026-01-15 11:00
Highlights:73.5-line km IP survey completed-the first large-scale, systematic survey at Thierry.Strong IP anomalies detected between K1 and K2, east of K1, and west of K2.Anomalies indicate potential sulphide mineralization between K1 and K2.Broad conductive corridors suggest district-scale exploration targets.Nearing Completion of Full K2 Database Reinterpretation; Leveraging 210,000m of Drilling DataThierry positioned for an active 2026 exploration season.Toronto, Ontario--(Newsfile Corp. - January 15, 2 ...
Trident Resources Commences 10,000 Metre Winter Drilling Program at the Contact Lake Gold Project in the La Ronge Gold Belt of Saskatchewan
Globenewswire· 2026-01-15 08:30
Core Viewpoint - Trident Resources Corp. has initiated a 10,000-metre winter diamond drilling program at the Contact Lake Gold Project, aiming to confirm historical gold mineralization, expand known zones, and explore new targets based on updated geological interpretations [1][3]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange, focusing on the acquisition, exploration, and development of advanced-stage gold and copper projects in Saskatchewan, Canada [10]. Drill Program Details - The 2026 winter drill program follows a successful 2025 drill program that intersected high-grade gold and broad zones of alteration and mineralization [3]. - The current drill program will consist of approximately 10,000 metres across up to 40 drill holes targeting high-priority zones identified through structural mapping, geophysical surveys, and historical data reviews [7]. - Drilling will occur on both land and ice-based locations at the Contact Lake target area, as well as at the adjacent Preview SW deposit [7]. Financial Position - The winter drill program is fully funded, with the company holding over $12 million in cash and marketable securities, ensuring a strong financial position to execute its exploration plans [5]. Historical Context - The Contact Lake site had not been explored for nearly 30 years prior to the 2025 drill program, indicating significant potential for new discoveries in the region [3].
LIFT Power Intersects 26 Meters at 1.56% Li2O at the Yellowknife Lithium Project, NWT
Globenewswire· 2026-01-15 08:05
Core Insights - Li-FT Power Ltd. has reported results from its 2025 work program at the Yellowknife Lithium Project, indicating ongoing exploration and resource delineation efforts in the Northwest Territories [1] Summary by Sections Work Program Overview - The 2025 work program included 18 drill holes totaling 3,171 meters, with six holes (2,378 m) for resource delineation, three holes (546 m) for geotechnical studies, and nine groundwater monitoring wells totaling 247 m [2] Results Discussion - Five of the six resource delineation holes were drilled on the Shorty pegmatite, totaling 1,868 m, along with three groundwater wells [3] - The Shorty pegmatite corridor is at least 1.4 km long and up to 100 m wide, consisting of both country rock and pegmatite [7] - Notable drill results include YLP-0290, which intersected a pegmatite dyke assaying 1.24% Li₂O over 13 m, and YLP-0295, which returned 1.56% Li₂O over 26 m [9][10][12] Groundwater Monitoring - Groundwater well YLP-0295 was drilled within the Shorty pegmatite and returned significant lithium assays, indicating the presence of spodumene [10] General Observations - The true thickness of reported intercepts is estimated to be between 65-100% of the drilled widths for the resource holes, while the groundwater well's true thickness is approximately 35-65% of the drilled width [13] - Visual core logging and mineralogical studies confirm that spodumene is the predominant host mineral for lithium [14] Quality Assurance and Control - All drill core samples were collected under supervision, with QA/QC measures in place, including the use of blanks and certified reference materials [19][20] Company Incentives - The company announced the grant of 2,065,000 incentive stock options and 87,300 restricted share units to its directors and employees, with options exercisable at $7.50 per share [21][22] Company Background - Li-FT Power Ltd. is focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project [24]
TERRA BALCANICA DRILLS 102 G/T AG EQ OVER 2.55 M AT CUMAVICI RIDGE AND EXTEND MINERALIZED FOOTPRINT IN BOSNIA AND HERZEGOVINA
Globenewswire· 2026-01-14 21:01
Core Viewpoint - Terra Balcanica Resources Corp. has announced promising initial high-grade assay results from its Phase III drill campaign at the Cumavici Ridge epithermal vein zone, indicating significant potential for silver and base metal mineralization in Bosnia and Herzegovina [1][3]. Summary by Sections Assay Results - Drillhole CMV25001 intersected 102 g/t Ag Eq. over 2.55 m within a broader zone of 64 g/t Ag Eq. over 4.7 m from 66 m depth, including a 0.4 m wide epithermal mineralized zone with 453 g/t Ag Eq. over 0.4 m [4]. - The strike length of the mineralization has been extended to 95 m from previous drillhole CMV23004, which returned 1168 g/t Ag Eq. over 1.35 m [4]. - Additional highlights from further drilling include 505 g/t Ag Eq. over 11 m (CMVDD004), 824.2 g/t Ag Eq. over 4 m (CMVDD001), and 284 g/t Ag Eq. over 10 m (CMVDD005) [4]. Geological Observations - The mineralization zone from 64 m to 73 m is characterized by a fault-hosted hydrothermal breccia, with significant presence of massive sulphides including sphalerite, galena, stibnite, and pyrite [5]. - The mineralization remains open to the northwest and down-dip to the southwest, indicating further exploration potential [4]. Company Overview - Terra Balcanica is focused on exploring large-scale mineral systems in the Balkans and northern Saskatchewan, Canada, holding a 90% interest in the Viogor-Zanik Project in Bosnia and Herzegovina [15]. - The company emphasizes responsible engagement with local communities and is committed to sustainable health, safety, and environmental management practices [15].