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South Pacific Metals Announces Appointment of Timo Jauristo as Strategic Advisor
Newsfile· 2025-06-04 11:30
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") is pleased to announce the appointment of Mr. Timo Jauristo as a Strategic Advisor to the Company. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/10890/254404_a9c5cc707462d813_001full.jpg About South Pacific Metals Corp. South Pacific Metals Corp. is an emerging gold-copper explo ...
Inventus Reports Average Grade and Thickness of 3.84 gpt Gold Over 1.82 Metres from Grade Control Drilling at Its 007 North 5,000-Tonne Bulk Sample Site
Globenewswire· 2025-06-04 11:00
Highlights The grade control drilling program for the first of two bulk sample sites is now completed (Figure 1), and assays for the first site, 007 North, are reported in Table 1. The initial grade control drilling program commenced on May 5 to define approximately 15,000 tonnes of a planned 45,000-tonne bulk sample program. A total of 68 holes for 623 metres were completed on May 23. Of those holes, 33 were completed at the 007 North site outlining approximately 5,000 tonnes of material. The recent drilli ...
Sanu Gold Extends Mineralization at Its Daina 2 Target to over 1.5km and Makes a New Discovery at the Salat East Target
Newsfile· 2025-06-04 11:00
Sanu Gold Extends Mineralization at Its Daina 2 Target to over 1.5km and Makes a New Discovery at the Salat East TargetJune 04, 2025 7:00 AM EDT | Source: Sanu Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) ("Sanu Gold" or the "Company") is pleased to announce preliminary results from its ongoing 2025 drill programme, which has mainly focused on its Daina gold exploration permit ("Daina"), located in the prolific Siguir ...
ESGold Corp. Ascends as Wall Street Seeks New Class of Gold Producers
Globenewswire· 2025-06-03 12:30
Investors are targeting next-gen gold firms with solid finances, high IRR and scalable growthNEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- via InvestorWire — ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 70+ brands within the Dynamic Brand Portfolio. IBN is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. To view the fu ...
Greenridge Exploration Inc. Stakes the Raven Uranium Project in the Athabasca Basin Region, Northern Saskatchewan, Canada
Globenewswire· 2025-06-03 12:00
VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce that it has acquired the Raven Uranium Project (“Raven”, or the “Property”) in northern Saskatchewan, Canada via low-cost staking. Raven consists of four mineral claims encompassing 6,269 hectares (15,491 acres), located near the eastern margin of the Athabasca Basin about 65 kilometres (40 miles) southeast of Cameco Corporati ...
C3 Metals Commences Drill Testing Multiple Epithermal Gold Targets at Super Block Project, Jamaica
Newsfile· 2025-06-03 11:44
Core Viewpoint - C3 Metals Inc. has initiated a 14-hole diamond drilling program totaling 2,500 meters at its Super Block Project in Jamaica, targeting multiple epithermal gold prospects, including the historically significant Pennants Gold Mine [1][2][3]. Company Overview - C3 Metals Inc. is a mineral exploration company focused on discovering and developing large copper and gold deposits, holding approximately 30,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [12]. - The company has identified 16 porphyry, 40 epithermal, and multiple volcanic redbed copper prospects over a 30km strike extent in Jamaica, holding a 50% interest in a joint venture with Geophysx Jamaica Ltd. [12]. Project Details - The Super Block Project features a 5km gold trend with the Pennants Gold Mine at its center, which produced approximately 16,000 gold ounces from 2002 to 2004 [5]. - Historical estimates indicate a non-compliant NI 43-101 resource of 75,500 tonnes at 20.4 g/t gold, with notable historical drill intersections including 1.7m at 430.0 g/t gold [5][20]. - The PEZ prospect shows a coherent gold anomaly measuring 1,500m by up to 190m wide, with soil sampling results indicating averages of 0.41 g/t gold over 60m [5][6]. - The DHZ prospect has a defined gold anomaly measuring 550m by up to 190m wide, with rock chip samples assaying up to 35.8 g/t gold at surface [6][5]. Drilling Program Insights - The initial drilling program aims to follow up on historical high-grade gold results and assess the extensions of gold anomalies to the northwest and southeast of the Pennants Mine [3][11]. - The company believes the gold system remains open in multiple directions and at depth, with the potential for multiple low to intermediate sulfidation systems [8][11]. Future Plans - C3 Metals is in a financial position to expand the drilling program beyond the initial 14-hole plan, depending on the results obtained [11].
Collective Mining Expands the Outcropping Portion of Apollo by Drilling High-Grade Tungsten, Copper, Gold and Silver Including 124 Metres at 3.03 g/t AuEq (0.66% WO3Eq) from Surface
Prnewswire· 2025-06-02 20:01
Accessibility StatementSkip Navigation The Company currently has nine drill rigs operating as part of its fully funded 70,000-metre drill program for 2025 with seven rigs operating at the Guayabales Project and two rigs turning at the San Antonio Project. Two additional deep capacity rigs are being mobilized to the Guayabales Project to continue testing, at depth, the high-grade Ramp Zone located at the bottom of the Apollo system in early Q3, 2025. The 2025 objectives for the portion of the drilling progra ...
Makenita Resources Receives Drill Permit for Ontario Silver-Cobalt Project, Set to Commence Maiden Drilling Campaign
Newsfile· 2025-06-02 07:01
Core Insights - Makenita Resources has received final regulatory approval for its drilling permit at the Hector Silver/Cobalt Property in Ontario, allowing the company to commence its maiden drilling campaign [1][2][3] - The Hector Property consists of 126 unpatented mineral claims covering 2,243 hectares, with initial drilling targeting high-priority zones identified through geological assessments [2] - The company has achieved full DTC eligibility for its U.S. trading symbol, KENYF, facilitating easier trading for American investors [3][4] Company Developments - The commencement of drilling is expected to generate significant news flow and market interest, marking a pivotal moment for Makenita Resources [3][4] - The Hector Silver/Cobalt Project is positioned in a mining-friendly jurisdiction with a history of silver and cobalt production, enhancing its strategic value [4] - The company aims to leverage positive commodity fundamentals and a tightly held share structure to establish itself as a compelling exploration story in the North American resource sector [4]
Ecopetrol Drives Offshore Gas Exploration Despite Shell's Withdrawal
ZACKS· 2025-05-30 14:31
Group 1: Company Overview - Ecopetrol S.A. is a Colombian majority state-owned energy company that plans to continue exploring natural gas in the Caribbean deepwater despite Shell's exit from Colombia [1] - Shell confirmed its withdrawal from three offshore blocks in Colombia, including COL-5, Purple Angel, and Fuerte Sur, which were jointly operated with Ecopetrol [1] Group 2: Gas Demand and Exploration - Ecopetrol will proceed with exploratory drilling in offshore blocks due to significant reserves and high potential returns, driven by rising domestic gas demand [2][3] - Colombia's gas reserves are dwindling, leading to increased dependence on energy imports, prompting Ecopetrol to focus on developing new gas resources [3] Group 3: Regulatory Environment - The Colombian government, under President Gustavo Petro, has halted the issuance of new oil and gas exploration contracts, impacting upstream production strategies [4] Group 4: International Interest - International players, including Petrobras, are showing interest in Colombia's gas projects, with potential acquisitions in the blocks previously held by Shell [5] - Ecopetrol and Petrobras had previously collaborated on gas exploration, achieving a breakthrough with the Sirius-2 well in the Gujaira Basin, which could enhance natural gas production if economically viable [5]
Pinnacle Silver and Gold Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025
Newsfile· 2025-05-29 21:00
Pinnacle Silver and Gold Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025May 29, 2025 5:00 PM EDT | Source: VID MediaVancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Pinnacle Silver and Gold Corp. (TSXV: PINN) (OTC: NRGOF), an Americas-focused silver-gold exploration and development company, is pleased to announce that it will be participating in THE Mining Investment Event, Canada’s Only Tier 1 Global Mining Investment Conference©, taking ...