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Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing Structures
Newsfile· 2025-06-19 10:00
Dryden Gold Extends the Elora Gold System to One Kilometer Strike and Discovers Multiple Stacked Gold-Bearing StructuresJune 19, 2025 6:00 AM EDT | Source: Dryden Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) - Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) ("Dryden Gold" or the "Company") is pleased to announce new results from its initial drill campaigns at the new Pearl Target, previously the Intersection Target, ("Pearl") and the historical Laurentian Mine Target (" ...
Antipa Minerals set to unlock gold-copper potential in WA's booming Paterson Province
Proactiveinvestors NA· 2025-06-19 07:01
Core Insights - The Paterson Province in Western Australia is emerging as a global exploration hotspot, attracting major players like Greatland Gold and Rio Tinto, with Antipa Minerals Ltd strategically positioned to capitalize on this trend [1][8]. Company Overview - Antipa Minerals holds over 4,100 square kilometers of exploration tenements and is advancing its flagship Minyari Dome Gold-Copper Development Project, located near significant deposits like Greatland's Telfer mine and Rio Tinto's Winu project [2][9]. - The Minyari Dome project hosts a resource of 2.9 million ounces of gold equivalent, including 2.4 million ounces of gold and 69,000 tonnes of copper, making it a cornerstone of Antipa's growth strategy [9][11]. Exploration and Development - Antipa is expanding its exploration beyond Minyari Dome, focusing on targets like Parklands and Jezabeel, which show large surface gold anomalies [4][20]. - The company is conducting a robust exploration program, including a Phase 1 drilling program with 57 reverse circulation holes and four diamond core holes, aimed at extending known mineralization [15][19]. Financial Position - Antipa has a strong financial position with a cash balance of $40 million and zero debt, allowing for accelerated exploration and development without external funding [23][26]. - The company's market capitalization stands at $437 million, supported by institutional backing from companies like Greatland Gold and IGO [26]. Leadership and Strategy - Antipa is led by an experienced team, including CEO Roger Mason, who has 37 years of experience in exploration and mining operations, providing the company with the necessary expertise to advance its projects [27][32]. - The company is committed to responsible and sustainable development, focusing on building relationships with local communities and stakeholders [31][32]. Future Outlook - Antipa's ongoing drilling campaigns and exploration programs are expected to generate significant news flow throughout 2025, with the potential for new gold and copper discoveries [33].
Mustang Energy Corp. Receives Exploration Permit for the Spur Project, Saskatchewan
Globenewswire· 2025-06-19 00:51
Core Insights - Mustang Energy Corp. has received exploration permits from the Saskatchewan Government for the Spur Project, enabling ground-based exploration activities [1][2] - The permits include various authorizations such as Crown Land Work Authorization and Aquatic Habitat Protection Permit, valid until April 30, 2028 [2] - The Spur Project covers 23,680 hectares and is located south of the Athabasca Basin, an area known for high-grade uranium deposits [4] Exploration Activities - The permits allow for activities including trail construction, line-cutting, ground geophysical surveys, and diamond drilling [2] - The company emphasizes ongoing engagement with local communities to address concerns and ensure sustainable project implementation [3] Geological Context - The Spur Project's geological setting includes Proterozoic basement rocks and uraniferous pegmatites, indicating potential for uranium, thorium, and rare earth element exploration [4] - Adjacent properties have reported high-grade surface grab samples, with notable results such as 8.0% U₃O₈ and 1.93% U [4] Company Overview - Mustang Energy Corp. focuses on acquiring and developing uranium and critical mineral assets, holding a total of 92,211 hectares around the Athabasca Basin [7][9] - The company has multiple projects, including the Ford Lake project and the Yellowstone Project, expanding its footprint in the region [7][9]
White Gold Corp. Appoints Dylan Langille Member of Great Bear Resources Discovery Team as Vice President of Exploration
Globenewswire· 2025-06-18 12:02
Company Overview - White Gold Corp. has appointed Dylan Langille as Vice President of Exploration, bringing a decade of experience in mineral exploration and a proven track record in gold discovery [1][2] - The company owns a portfolio of 15,364 quartz claims across 21 properties, covering approximately 300,000 hectares, representing about 40% of the Yukon's White Gold District [5] Key Appointments and Experience - Dylan Langille was part of the core discovery team at the Great Bear Project in Red Lake, Ontario, contributing to significant gold discoveries [2] - His expertise includes grassroots target generation and advanced-stage resource delineation in both greenfield and brownfield settings [2] Strategic Outlook - Langille expressed excitement about joining White Gold at a pivotal time, highlighting strong market conditions and increasing demand for high-quality gold projects [3] - The company is well-positioned for growth through new discoveries, leveraging its extensive portfolio of advanced assets and grassroots targets [3] Resource Estimates - The flagship White Gold project contains an estimated 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources [5] - Regional exploration has led to several new discoveries and prospective targets, bordering significant gold projects owned by Newmont Corporation and Western Copper and Gold Corporation [5]
Great Pacific Gold Wild Dog Drilling Returns 6m at 8.6 g/t AuEq in WDG-04
Newsfile· 2025-06-18 11:30
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") is providing an update on its exploration activities at the Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, in the province of East New Britain, Papua New Guinea ("PNG"). The recently commenced drill program is designed to test high-priority targets over a 3km strike length within the mineralize ...
PAN GLOBAL INTERCEPTS FURTHER HIGHER-GRADE GOLD AND COPPER MINERALIZATION AT CÁRMENES PROJECT, SPAIN
Prnewswire· 2025-06-18 11:15
Core Insights - Pan Global Resources Inc. has announced positive results from its maiden drill campaign at the Cármenes Project in northern Spain, specifically from drillholes PVD03 and PVD04, which targeted extensions of breccia-hosted mineralization associated with the historical Providencia mine [1][4][10] Drill Results - Drillhole PVD03 intersected significant gold mineralization, including 56 meters at 0.37 g/t Au from 29 meters downhole, with higher-grade intervals of 4 meters at 2.19 g/t Au [5][10] - Drillhole PVD04 revealed high-grade copper, nickel, cobalt, and selenium intercepts, with a notable interval of 110 meters at 0.23 g/t Au from 8 meters downhole [5][10] - The results indicate a wide zone of breccia mineralization, expanding the known mineralization to the south, east, and north of the historical mine workings [4][10] Future Exploration - The company plans to drill three additional step-out holes targeting a principal untested gold zone at Providencia, which is expected to further define the mineralization potential [4][6] - A recently completed helicopter geophysics survey has identified multiple new targets with similar features to Providencia, indicating strong potential for additional discoveries [7][10] Project Overview - The Cármenes Project covers approximately 5,653 hectares and is located about 55 kilometers north of León, Spain, with a history of mining for copper and cobalt [11][12] - The project area is considered highly prospective for multiple bodies of breccia-style mineralization, with significant vertical dimensions exceeding 1 kilometer [11][12]
Makenita Resources Engages Drilling Contractor for Maiden Drill Program at Hector Silver Project in Ontario
Newsfile· 2025-06-18 07:01
Core Viewpoint - Makenita Resources Inc. has engaged Vital Drilling Services to initiate its first drilling program at the Hector Silver Project in Ontario, with mobilization already underway and drilling expected to start later this month [1]. Group 1: Project Overview - The Hector Property consists of 126 contiguous unpatented mineral claims covering an area of 2,243 hectares [2]. - The initial drilling phase will target high-priority areas identified through geological interpretation and recent fieldwork, including regions made accessible by wildfire-related clear-cutting [2]. Group 2: Technical Details - The drilling program aims to explore new silver and cobalt targets based on an updated structural model derived from airborne magnetic and VLF-EM surveys conducted from 2017 to 2021, totaling 522.9 line-kilometers [3]. - A significant focus will be on the Block 9 silver anomaly, previously explored by Teck in the early 1970s, which yielded assays of 326 grams per tonne silver (9.5 oz/ton) [4]. - The program will also target the South Keora shaft, a historic high-grade prospect with reported sampling results of 12-15% cobalt and up to 1,000 oz/ton silver from around 1913 [4]. Group 3: Management Insights - Jason Gigliotti, President and CEO of Makenita Resources, emphasized that this drilling marks a significant milestone for the company, aiming to validate historical mineralization and unlock potential value for shareholders [5]. - The Hector Project is positioned as a core strategic asset for Makenita, situated in a historically rich mining district known for silver and cobalt production [5].
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-06-18 03:49
“The goal of @SpaceX is to extend the life sustainability to another planet and Mars is the only option.”Elon Musk https://t.co/WQpoEqdSDm ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-06-18 03:48
“My boss Elon Musk founded this company @SpaceX in 2002 with the purpose of building rockets and spaceships to enable people to live on other planets”Gwynne Shotwell https://t.co/lDHNTb0HIU ...
Talos Energy Announces Enhanced Corporate Strategy
Prnewswire· 2025-06-17 20:15
Core Viewpoint - Talos Energy Inc. has announced an enhanced corporate strategy aimed at establishing itself as a leading pure-play offshore exploration and production company [1][3]. Group 1: Corporate Strategy - The strategy focuses on leveraging Talos's entrepreneurial culture and operational strengths to capitalize on anticipated shifts in the global exploration and production market, particularly in offshore basins [3][4]. - The company aims to increase its scale through disciplined execution and selective growth opportunities that enhance shareholder returns [3][4]. Group 2: Capital Allocation - Talos is committed to responsible capital allocation, prioritizing investments that yield robust returns throughout commodity cycles [4]. - The company plans to return up to 50% of annual free cash flow to shareholders while maintaining a long-term leverage target of 1.0x or lower [4]. Group 3: Financial Goals - Talos targets approximately $100 million in increased annualized cash flow by 2026 through operational improvements and capital efficiency [6]. - The company intends to invest in high-margin organic projects and pursue disciplined, accretive acquisitions in deepwater basins to enhance production and profitability [6]. Group 4: Operational Focus - Talos aims to build a long-lived, scaled portfolio by strategically assessing opportunities within the Gulf of America and other conventional offshore basins [6]. - The focus will be on safe and efficient operations, environmental responsibility, and community impact [7].