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Apex Critical Metals Confirms Significant Magnetic Anomaly at Cap Project, British Columbia
Accessnewswire· 2025-11-12 08:01
Core Insights - Apex Critical Metals Corp. has completed a high-resolution airborne geophysical survey at its 100%-owned Cap Critical Minerals Project in British Columbia, revealing a strong magnetic high measuring approximately 2.2 km x 1.8 km [1] - The magnetic anomaly correlates with a previously identified niobium-in-soil trend of 1.8 km, confirmed by drilling in 2024 and 2025 [1] - The survey, conducted by Precision GeoSurveys Inc., covered 781 line-km at 40 m spacing, with assays pending for 2,251 m of core [1] - The CEO of Apex noted that the survey results provide valuable insights for evaluating future drill targets and planning the next phase of exploration in 2026 [1]
South Pacific Metals Corp. Reports Rock Chip Assays with High-Grade Copper up to 21.2% at Ontenu NE
Newsfile· 2025-11-11 12:30
Core Insights - South Pacific Metals Corp. has reported high-grade copper assay results from the Ontenu NE prospect, with values reaching up to 21.2% copper, indicating significant mineralization potential in the area [1][4][6]. Summary by Sections Company Overview - South Pacific Metals Corp. operates in Papua New Guinea's gold and copper production corridors, with a focus on exploration and discovery across its projects, including the Osena Project [21][23]. Recent Developments - The company has received multi-element rock chip assay results from the Ontenu NE prospect, which is part of the Osena Project located within the Kainantu Transfer Zone [1][4]. - The latest assays complement previously released high-grade gold results, showcasing a strong association of gold and base metals in the mineralized structures [3][4]. Assay Results - Significant assay results include: - 21.2% Cu, 214 g/t Ag, and 0.41 g/t Au from a 0.25m massive sulphide sample [6]. - 18.1% Cu, 310 g/t Ag, and 0.32 g/t Au from a 0.7m splay structure [6]. - 12.4% Cu, 131 g/t Ag, and 1.21 g/t Au from a 0.2-0.5m splay structure [6]. - Additional results from a separate zone at Ontenu NE include 1.2% Cu, 258 g/t Ag, and 8.65% Zn in a narrow quartz vein [6]. Geological Context - The Ontenu NE prospect features a 2 sq km area with multiple mineralized structures, characterized by a 19m wide zone of structures at the Onki Fault area [12][15]. - The geological setting is indicative of intermediate sulfidation epithermal deposits, similar to those mined by K92 Mining [4][14]. Future Plans - The company has commenced drilling in the southern part of Ontenu NE, aiming to test the high-potential structures identified through recent mapping and sampling [4][19].
Jaguar Mining (OTCPK:JAGG.F) 2025 Earnings Call Presentation
2025-11-11 11:15
Company Overview - Jaguar Mining Inc is a mid-tier gold producer in Brazil with over 20 years of production history[12, 13] - The company has 3 operating underground gold mining complexes and is listed on the TSX with a market capitalization of C$449 million as of November 6, 2025[13] - The company's P/NAV is 0.38x as of November 6, 2025[13] Reserves and Resources - The company has global reserves of 764 koz Au at 4.02 g/t Au as of December 31, 2024[13] - M&I Resources are 1.66Moz Au at 4.19 g/t Au as of December 31, 2024[13] - Inferred Resources are 1.68Moz Au at 3.56 g/t Au as of December 31, 2024[13] Financial Performance - The company produced 30,899 koz Au in the first 9 months of 2025[32] - Adjusted EBITDA for the first 9 months of 2025 was US$59.8 million[32] - The company's AISC was US$1,844/oz Au for the first 9 months of 2025[35] Operational Updates - The Turmalina mine is on track for a restart in Q1 2026[38] - The company signed a community compensation agreement for approximately US$10 million related to the tailings incident[38] - The company settled an environmental fine for approximately US$11 million and an MP lawsuit for approximately US$7 million, with payments to be made in installments over 1-5 years[38] Growth Projects - The Onças de Pitangui project is expected to begin development in H2 2026, with first gold production projected in H2 2027[42] - The Onças de Pitangui project has P&P reserves of 284 koz Au at 4.16 g/t Au[42] - The estimated production rate for Onças de Pitangui is 42 koz/year[42] Exploration - The company has 46,619 Ha of mineral tenements[45] - The company has a 5-year exploration plan with drilling planned from 2026 to 2030[46] - The company is targeting 600koz to 1,300koz of gold to investigate in 2026[46]
Tocvan Announces Maiden Drill Program Underway at North Block Gran Pilar Gold-Silver Project
Accessnewswire· 2025-11-11 07:05
Group 1 - The company has initiated its maiden drill program targeting a 3.2 km by 1.5 km zone with strong mineralization indicators [1] - Site preparations are complete, including road access and drill pads, with an initial 2,000 meters of drilling currently in progress and an additional 3,000 meters proposed [1] - Promising surface results have been reported, including high-grade samples from the North Alteration Zone, such as 5.6 g/t Au and 106 g/t Ag over 2 meters, along with historic workings yielding 3.2 g/t Au and 1,225 g/t Ag [1]
Peloton Receives Airborne Geophysical Results Prior to Upcoming Drilling Program at the North Elko Lithium Project, Nevada
Thenewswire· 2025-11-10 13:30
Core Insights - Peloton Minerals Corporation has received results from an airborne geophysical survey on its North Elko Lithium Project (NELP) in northeastern Nevada, which will aid in selecting drill locations [1][4] - The airborne geophysical data indicates the presence of high-angle faults and structures that align with surface mineral deposits, supporting the potential for lithium exploration [2][3] Survey Details - The airborne survey was a high-resolution, fixed-wing geophysical survey that recorded Horizontal Magnetic Gradient, Radiometric (gamma ray), and VLF-EM resistivity data over NELP and surrounding areas, covering a total of 535.5 line kilometers [3] - The survey included 63 north-south traverse lines at 200-meter spacings and 5 east-west control lines at 2,000-meter intervals, complementing previous hyperspectral imaging surveys [3] Project Context - NELP is located adjacent to a high-grade lithium deposit discovered in 2023 by Surge Battery Metals and spans approximately 37 square kilometers (14.25 square miles), fully owned by Peloton with no royalties [4] - The exploration work conducted by Peloton includes various surveys and analyses, such as airborne hyperspectral surveys, soil geochemistry over a 32 square kilometer grid, and XRD analysis on over 1,000 surface samples [4] Future Plans - Peloton plans to commence drilling at NELP later this month and will provide further announcements regarding the drilling program [5]
Transition Metals Commences Follow-up Drilling at Saturday Night PGM Project amid Strengthening Platinum Markets
Newsfile· 2025-11-10 12:00
Core Viewpoint - Transition Metals Corp. has resumed drilling at the Saturday Night Project, aiming to expand its exploration efforts amid strengthening platinum group metals (PGMs) markets, with significant price increases observed since May 2025 [1][5]. Company Overview - Transition Metals Corp. is a Canadian-based multi-commodity explorer with a focus on discovering mineralization in underexplored areas, allowing for cost-effective property acquisitions [12]. Project Details - The Saturday Night Project is located approximately 30 kilometers northwest of Thunder Bay, Ontario, and consists of 63 staked mining claims with year-round road access [7]. - Previous drilling results included assays of up to 1.44 g/t Pt, 0.90 g/t Pd, and 0.21 g/t Au, indicating a promising mineralization potential [1][6]. - The current drilling program will deepen hole SN-25-03 by up to 300 meters and target additional mineralized zones, with a minimum of 1,500 meters of drilling planned before year-end [6]. Market Context - The global fundamentals for PGMs have strengthened significantly in 2025, with platinum and palladium prices increasing by over 50% since May 2025, driving investor interest in new PGM sources [5]. Technical Aspects - A ground magnetotellurics (MT) survey conducted in 2019 suggested that the Saturday Night Intrusion may extend to a depth of up to 1,000 meters, indicating potential for further exploration [1]. - The project is associated with the Midcontinental Rift (MCR), a geological feature known for hosting significant PGM deposits [8]. Financial Update - The company has confirmed participation from certain officers and directors in a Critical Flow Through Share Offering, purchasing an aggregate of 333,333 shares for approximately $25,000, which is classified as a related party transaction [9].
Collective Mining Announces that Drilling is Underway to Target the Near Surface and Tungsten Rich Portion of Apollo
Prnewswire· 2025-11-10 11:30
Core Viewpoint - Collective Mining Ltd. is actively engaged in a multi-hole drill program targeting high-grade tungsten-rich zones at the Apollo system, which is part of the Guayabales Project in Caldas, Colombia. The Apollo system is noted for its significant mineralization, including gold, silver, copper, and tungsten, with drilling revealing continuous mineralization extending over 1,300 vertical meters [1][3]. Drilling and Mineralization - The ongoing drilling program has completed 143,500 meters across the Guayabales and San Antonio projects, with 103,000 meters specifically at the Apollo system. Ten drilling rigs are currently operational, and multiple high-priority holes are pending assay results [3][5]. - Assay results from previous drill holes into the tungsten-rich zones have shown promising grades, with tungsten prices reaching an all-time high of US$703 per metric tonne unit, indicating strong market demand [4][3]. Financial Position - As of October 20, 2025, the company has US$145 million in cash, which fully funds its aggressive drilling program planned for 2026, targeting up to 100,000 meters of additional drilling [5]. Project Overview - The Guayabales Project, anchored by the Apollo system, is characterized as a district-scale, multi-target project with rich infrastructure. The company aims to expand the high-grade Ramp Zone and explore new targets within the property [8][9]. - The San Antonio Project is also undergoing its largest drilling campaign in history, focusing on new discoveries and expanding the porphyry system at the Pound target, which is strategically located near the Guayabales Project [9]. Management and Ownership - Management, insiders, and a strategic investor collectively own 45.3% of the outstanding shares, aligning their interests with those of shareholders [10].
NEVADA KING EXTENDS MINERALIZATION 150M ALONG STRIKE AT SILVER PARK EAST
Prnewswire· 2025-11-10 11:30
Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 10, 2025 /PRNewswire/ -- Nevada King Gold Corp. (TSX-V: NKG;Â OTCQB: NKGFF) ("Nevada King" or the "Company") is pleased to announce results for the remaining 10 holes at its Silver Park East target from the Phase III drill program. Silver Park East ("SPE") is located 2km west of the Atlanta Resource Zone ("ARZ"), within the Company's 13,000 hectare (130km), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km nor ...
PTX Metals Inc. Reports Compilation of Geophysical Data and Ongoing Activities at Its W2 Cu-Ni-PGEs Project
Newsfile· 2025-11-07 13:03
Core Insights - PTX Metals Inc. reported positive results from the 3D inversion processed from the 2025 magnetic survey at its W2 Copper-Nickel and Platinum-Palladium-Gold Project in Ontario, Canada, enhancing confidence in drill targeting and potential expansion of the mineralization target [1][4][10] Geophysical Data and Survey Results - The 3D inversion results indicate a distinct magnetic pattern suggesting a magmatic source, correlating with mapped magnetic gabbro, and confirming a preferred folded horizon extending approximately 8 kilometers in strike length [7][10] - The stacked mineralized intercepts in the CA zones and structural variations in the AP zones were noted, with the potential for near-surface bulk tonnage targets identified, reaching widths of up to 1,850 meters [8][10] Ongoing Activities - The company is advancing a comprehensive exploration program, including a drill program, metallurgical testing, paragenesis study, and age dating study on the gabbroic horizons, with results from a recent LIDAR survey expected by early January 2026 [13][14] - An independent geophysicist processed the magnetic survey data, which included flight lines spaced at 75 meters and a mean terrain clearance of 34 meters, alongside Electromagnetic data used for further evaluation [9] Community and Infrastructure Developments - Recent developments include an agreement between the Ontario government and Webequie First Nations to fund local community priorities and infrastructure upgrades, which are critical for the construction of the proposed all-season Webequie Supply Road to the Ring of Fire [6][15]
Vanguard Mining Commences 2025 Diamond Drill Program at Redonda Copper-Molybdenum Project, British Columbia
Thenewswire· 2025-11-07 08:05
Core Viewpoint - Vanguard Mining Corp. has initiated its 2025 diamond drill program at the Redonda Copper-Molybdenum Project, aiming to explore and define the mineralization potential of the site [1][3][7]. Drilling Program Details - The drill program is based on targets identified from an airborne geophysical survey and recent drilling results, with significant intervals reported, including 142.6 metres grading 0.279% Cu and 0.0281% Mo [2][8]. - The program will utilize a Boyles T-75 hydraulic drill capable of reaching depths over 600 metres, with initial drill pads already prepared [4][12]. - The project is fully permitted for drilling, with funding secured for the exploration activities [7][12]. Collaboration and Community Engagement - Vanguard Mining Corp. is collaborating with the Klahoose First Nation, focusing on local labor and training opportunities, and ensuring adherence to cultural and environmental protocols [5][6]. Geological Insights and Targeting - The 2025 program includes detailed geological mapping and deeper drilling below 500 metres, with mineralized zones open to the north and south, and potential extensions identified [8][12]. - Historical datasets and results from a late-2024 airborne geophysical survey have guided the selection of drill hole locations, revealing strong correlations with geological features [11][12]. Project Scope and Future Plans - The Redonda Project encompasses nine mineral claims totaling 2,746.46 hectares, with year-round accessibility and a focus on exploring the district-scale potential of the area [13][14]. - The company plans to provide updates on drilling progress and assay results as they become available [10].