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Rocky Shore Gold Announces Non-Brokered Private Placement
Globenewswire· 2025-08-11 11:00
Core Viewpoint - Rocky Shore Gold Ltd. is initiating a non-brokered private placement to raise up to $1,500,000 through the sale of units and flow-through shares, aimed at advancing its Gold Anchor Project [1][3]. Group 1: Offering Details - The Offering will consist of units priced at $0.05 each, with each unit comprising one common share and one-half of a share purchase warrant [2]. - Each warrant allows the holder to acquire one common share at an exercise price of $0.10 for three years, with potential accelerated expiry terms if the common shares trade at or above $0.20 for 20 consecutive days [2]. - The proceeds from the units will be allocated for general corporate purposes, while proceeds from the flow-through shares will specifically fund exploration and advancement of the Gold Anchor Project [3]. Group 2: Regulatory and Insider Participation - The securities issued will be subject to a hold period of four months and one day, in compliance with Canadian securities laws [4]. - Insiders of the company may participate in the Offering, which will be considered a related party transaction, but is expected to remain below 25% of the company's market capitalization, allowing the company to rely on exemptions from formal valuation requirements [5]. Group 3: Project Overview - The company is excited about its upcoming fall drill program at the Lane Pond Gold Target, which trends over 11 kilometers within the Gold Anchor Project [6]. - The Lane Pond Gold Target has never been drilled and is strategically located along the Appleton Fault Corridor, with ongoing sampling and geophysical surveys to identify priority areas for diamond drilling [6]. - The planned drilling will include up to 5,000 meters across 30-50 shallow near-surface holes [6]. Group 4: Company Background - Rocky Shore Gold is a Canadian exploration company focused on major gold discoveries at its 100%-owned Gold Anchor Project, located in central Newfoundland, an underexplored gold belt [10]. - The project spans over 1,200 square kilometers and is strategically positioned near significant gold discoveries and deposits [10].
Gladiator Discovers New Zone in First Drilling Below 200m at Cowley
Newsfile· 2025-08-11 11:00
Gladiator Discovers New Zone in First Drilling Below 200m at Cowley CPG-092 returned 55m @ 0.70% Cu from 176m plus 0.01 g/t Au, 2.61 g/t Ag & 154 ppm Mo including: 21.90m @ 1.27% Cu from 199.1m plus 0.02 g/t Au, 5.27 g/t Ag & 300 ppm Mo CPG-094 returned 70.5m @ 1.13% Cu from 95.5m plus 0.05 g/t Au, 4.22 g/t Ag & 470 ppm Mo including: 14.0m @ 2.05% Cu from 101m plus 0.12 g/t Au, 10.61 g/t Ag & 757 ppm Mo and: 20.0m @ 2.15% Cu from 128m plus 0.04 g/t Au, 4.80 g/t Ag & 357 ppm Mo including: 6.0m @ 5.36% Cu fro ...
Urbana Corporation Intersects 6.98 g/t Gold over 6.00 metres at the Urban Gold Project
Globenewswire· 2025-08-07 19:23
Core Insights - Urbana Corporation has reported positive results from its winter drill program at the Urban Gold Project, indicating significant gold mineralization and potential for further exploration [2][3][8] Drill Program Results - The drill program consisted of 5,226 meters and 17 drill holes, focusing on the southern part of the Urban Gold Project [3] - Notable intercepts include 6.98 grams of gold per tonne over 6.0 meters in hole UU-25-12, expanding the known mineralized zone to a potential strike length of 200 meters [3][4] - Historical intercepts from the 1980s were also targeted, with previous results of 15.0 g/t over 0.8 meters and 15.0 g/t over 0.97 meters [4] Upcoming Exploration Plans - A comprehensive surface exploration campaign is set to begin, targeting the underexplored northern and central portions of the Urban Gold Project [6] - The northern sector has never been drilled and is surrounded by multiple gold occurrences, while the central sector has numerous undocumented gold showings [6][7] Strategic Location - The Urban Gold Project is strategically located between Goldfield's Windfall deposit and Bonterra Resources' Barry deposit, within a highly prospective mineralized corridor [8] - The project benefits from road access and nearby infrastructure, enhancing its exploration potential [8] Quality Control Measures - True width determination for the reported intervals is estimated at 55-90% [9] - Assays were conducted using industry-standard methods, with a robust QA/QC program in place [9]
Maxus Mining Initiates 2025 Exploration Program on the Penny Copper Project, British Columbia
Globenewswire· 2025-08-07 12:00
VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce the commencement of the Company's 2025 exploration program (the "Program") on its Penny Copper Project (the "Penny Property", or the "Project") located in British Columbia, Canada. Qualified Person Statement The Company has contracted Resourceful Geoscience Solutions Inc. ("RGS") and Expert Geophysics Limited ("Expert Geophysics") to execute the Program f ...
Inventus Reports 4.18 gpt Gold and 1.48 Metre Average for Initial Trench 1 North Grade Control Drilling and Provides Update on Bulk Sample Operation
Globenewswire· 2025-08-06 11:00
Drilling Update Grade-control drilling at the Trench 1 North Site consisted of 52 shallow holes targeting the flat-lying gold mineralization for bulk sampling (Table 1 and Figure 1). Holes were drilled at 7.5-metre centres to identify a zone of approximately 10,000 tonnes for the third planned bulk sample. Assay results from the initial 20 holes within the identified pit area had a weighted average grade and thickness of 4.18 gpt gold and 1.48 metres (see Figure 1 and Table 1). Final results from the Trench ...
White Gold Corp. Commences Diamond Drilling on Flagship High Grade White Gold Project
Globenewswire· 2025-08-06 11:00
Figure 3: White Gold 2025 Planned Diamond Drilling Overview Figure 2: White Gold Property Prospective Targets Figure 1: White Gold 2025 Diamond Drilling Program Overview Figure 5 TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce the commencement of Phase II of its 2025 Exploration Program. Phase II is focused on advancing high-priority gold targets across its flagship White Gold Property in Yukon, Canada, with the aim of e ...
Aztec Samples up to 15.6 gpt Gold & 177.3 gpt Silver at the Cervantes Project, Sonora, Mexico; Surface Exploration Program Outlines Multiple Strong Precious Metals Targets
Thenewswire· 2025-08-06 11:00
News Release - Vancouver, Canada – TheNewswire - August 6, 2025 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) ("Aztec" or the "Company") announces results from the initial phase of its 2025 exploration program at the Cervantes porphyry gold-copper project in Sonora, Mexico. Click Image To View Full Size Aztec has now completed an initial phase of its 2025 surface exploration program comprised of reconnaissance outcrop sampling and geological mapping of several targets at the 3,649 hectare, 100%-owned pr ...
Goldstorm Metals to Conduct Geophysical Programs on the Crown Property, Located in the Golden Triangle of British Columbia
Newsfile· 2025-08-06 09:00
Core Viewpoint - Goldstorm Metals Corp. is initiating geophysical programs on its Crown Property in British Columbia's Golden Triangle to enhance geological understanding and prioritize drill targets for future exploration [1][3]. Company Overview - Goldstorm Metals Corp. is a precious and base metals exploration company with a significant land position in the Golden Triangle of British Columbia, covering approximately 16,469 hectares across six concessions [10][11]. - The Crown Project is strategically located directly south of Seabridge Gold's KSM gold-copper deposits and Newmont's Brucejack mine [10][11]. Geophysical Programs - The company has contracted Simcoe Geoscience Limited to conduct ground-based Magnetotelluric (MT) and Induced Polarization (IP) surveys targeting the Copernicus Zone and other geochemical anomalies along the Orion Spine [1][3]. - The geophysical surveys will focus on a 1.4-kilometer trend of the Copernicus Zone, aiming to evaluate the underlying geology and identify potential large intrusive-related targets at depth [3][5]. - The IP study will cover 3.5 kilometers of the gold-in-rock geochemical trend along the Orion Spine, with expectations to outline conductivity anomalies that may indicate larger mineralized targets [3][5]. Financial Information - The company raised gross proceeds of $2,088,903.64 through the issuance of NFT units and flow-through units, with specific details on the number of units sold and their respective prices [7]. - Cash commissions of $42,596.38 were paid, and 608,519 non-transferable finders' warrants were issued to certain finders [7].
Encounter Resources (E6H) 2025 Conference Transcript
2025-08-06 06:55
Summary of Encounter Resources Conference Call Company Overview - Encounter Resources is positioned as a high-impact Australian explorer focused on niobium, rare earths, and copper, with a defined maiden high-grade niobium resource in the West Arundra region, Australia's newest critical minerals province [1][2] Key Points Industry and Market Context - The niobium market is significant, valued at over $5 billion annually, with only three major mines globally, two located in Brazil [15][16] - Encounter Resources aims to become a major player in this emerging mineral province, which is expected to be a globally important source of niobium [3][6] Exploration and Discoveries - Encounter has been exploring Central Australia for over 15 years, focusing on greenfields exploration strategies [3] - The company has a large exploration landholding in the Northern Territory and is actively drilling multiple projects, including Sandover and Jessica [5][6] - High-grade niobium deposits have been discovered rapidly in the West Arundra region, with significant potential for rare earths and orogenic gold [7][8] Resource Development - A resource of 19.2 million tonnes at 1.74% niobium was announced, indicating a high-grade potential compared to existing mines [15][16] - The company is advancing resource development through project studies, metallurgy, and marketing, supported by a strong institutional shareholder base [4][19] Future Plans and Drilling Activities - Encounter plans to drill over 40,000 meters this year, targeting multiple new sites based on recent geophysical surveys [24][23] - Upcoming drilling includes the Joyce deposit, which has shown promising initial results [17] - The company is also focused on copper exploration across Western Australia and Northern Territory, with partnerships that have provided over $30 million in funding [19][20] Geophysical and Academic Collaborations - Significant investments in geophysics and collaborations with academic institutions are aiding in the exploration and characterization of mineral resources [14][27] - The company has utilized pre-competitive data from the Geological Survey of Western Australia to identify promising drilling sites [25][26] Strategic Partnerships - Encounter has partnered with major mining companies, including BHP and Newcrest Mining, to minimize dilution and secure funding for exploration projects [19][20] Additional Insights - The exploration success in the West Arundra region is attributed to deep mantle tapping structures that bring valuable minerals to the surface [9][10] - The company emphasizes the importance of government support and geological surveys in facilitating exploration efforts in new regions [25][26]
3.5m at 13.1 g/t AuEq Drilled at Great Pacific Gold's Wild Dog Project
Newsfile· 2025-08-05 11:30
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") is providing results from the latest three exploration holes (WDG-05, 06 and 07) 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 current Phase 1 drill program is designed to test high-priority targets over a 3km strike len ...