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Hycroft Announces 2025-2026 Exploration Drill Program
Prnewswire· 2025-07-30 11:00
Two Core Drill Rigs Arriving in August WINNEMUCCA, Nev., July 30, 2025 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company") today announces it will soon be initiating its 2025-2026 Exploration Drill Program (the "2025-2026 Exploration Drill Program") at the Hycroft Mine, located in Nevada, USA, a Tier-1 mining jurisdiction. The 2025-2026 Exploration Drill Program comprises approximately 14,500 meters of core drilling utilizing two drill rigs. The Exploration Program ...
Nova Minerals Quarterly Activities and Cashflow Report – 30 June 2025
Globenewswire· 2025-07-29 21:08
Core Insights - Nova Minerals Limited is advancing its Estelle Gold and Critical Minerals Project in Alaska, focusing on gold and antimony exploration with a significant drilling program [1][6][24] Estelle Project - A 15,000-meter drill program commenced in June 2025, targeting the RPM and Korbel gold deposits and initiating resource estimation at the Stibium prospect for both gold and antimony [6][8] - The Estelle Project encompasses over 20 advanced gold and antimony prospects, including two defined multi-million ounce resources [24] RPM Drill Program - A 10,000-meter drill program at the RPM deposit began in July 2025, aimed at enhancing resource definition and expanding mineralization [6] - Drilling will focus on the eastern strike extension beneath a fractured zone and the high-grade hornfels/intrusive contact, which is known for significant gold mineralization [6][7] Korbel Drill Program - Approximately 2,000 meters of drilling at Korbel will target a potential higher-grade starter pit at Korbel Main, with flexibility to expand into other high-priority targets [4] Surface Sampling Program - A comprehensive regional surface exploration program is underway, including geological mapping and geochemical sampling to identify new high-priority prospects [5] Antimony Assets - The Stibium prospect has commenced a 3,000-meter drilling program to establish a maiden mineral resource estimate for gold and antimony [11] - High-impact results from surface sampling include rock samples with over 30% Sb and gold grades up to 141 g/t [11] U.S. Department of Defense Grant - Nova's application for U.S. Department of Defense funding is in its final stages, which could fast-track the development of the antimony resource at Estelle [9][11] - Successful funding would allow for an expanded drilling program and initial testing at the Styx target [11] Financial Position - As of June 2025, Nova had A$9.08 million in cash and no debt, excluding A$18.4 million raised in a subsequent U.S. offering [11] - Notable cash flow items include A$1.9 million in exploration and evaluation costs and A$432,000 in administration expenses [11] Corporate Developments - The appointment of Mr. Chaim (Dovi) Berger as an Independent Non-Executive Director was announced, bringing extensive experience in corporate law and finance [11]
Nexa Reports 2025 First Half Exploration Results
Newsfile· 2025-07-29 20:25
Core Viewpoint - Nexa Resources announced the drilling and assay results for the first half of 2025, highlighting a focus on near-mine expansion, brownfield and infill drilling, and greenfield exploration projects [2][5]. Drilling Strategy and Results - The total drilling in the first half of 2025 reached 131,910 meters, which included 28,145 meters of exploration drilling and 103,765 meters of mining infill drilling [2]. - Exploration drilling was distributed as follows: 14,281 meters in Peru, 13,208 meters in Brazil, 656 meters in Namibia, and 9,030 meters for early-stage greenfield projects in Peru [3]. Future Plans - For the second half of 2025, Nexa plans to conduct 47,245 meters of drilling, with 28,595 meters in Peru and 18,650 meters in Brazil [3][5]. Key Achievements - Significant findings included: - Cerro Lindo: 4.2 meters at 2.92% Zn, 0.30% Pb, 0.16% Cu, and 33.26 g/t Ag [7]. - Aripuanã: 10.8 meters at 7.59% Zn, 3.30% Pb, 0.18% Cu, and 62.03 g/t Ag, with a notable intercept of 4.8 meters at 16.60% Zn [7]. - Vazante: 6.3 meters at 22.14% Zn, 0.19% Pb, and 16.57 g/t Ag [7]. - El Porvenir: 18.6 meters at 2.83% Zn, 1.87% Pb, 0.07% Cu, 69.01 g/t Ag, and 1.40 g/t Au [7]. Company Overview - Nexa Resources is a large-scale, low-cost integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting in Latin America [6][8]. - The company operates four long-life underground polymetallic mines in Peru and Brazil, along with three smelters [6][8].
Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m at the Plomosas Mine
Newsfile· 2025-07-29 15:35
Core Viewpoint - IMPACT Silver Corp. has announced promising results from its initial underground drill program in the Santo Domingo Zone at the Plomosas zinc (lead-silver) Mine, indicating high-grade mineralization and potential for increased production [1][6]. Drilling Results - The initial drill results from the Santo Domingo Zone include significant intersections, such as: - UGSD 2501: 3.50m interval with 7.64% ZnEq, including 1.50m at 14.66% ZnEq - UGSD 2502: 12.09m interval with 5.97% ZnEq, including 4.59m at 11.25% ZnEq and a notable 0.62m at 34.78% ZnEq - UGSD 2504: 1.12m interval with 23.56% ZnEq - UGSD 2505: 3.42m interval with 18.03% ZnEq, including 0.96m at 23.70% ZnEq [2][3]. Geological Context - The Plomosas mine is characterized by zinc-rich Carbonate Replacement zones across three bedrock units, with ongoing exploration in the Santo Domingo Zone, which remains open for further drilling [7][3]. Company Strategy - The CEO emphasized that the discovery of high-grade mineralization in the Santo Domingo Zone enhances the potential of the Plomosas Mine, which was not previously included in mining plans. The proximity to active mine workings allows for quick integration into production [6][1]. Exploration Potential - The Plomosas mine has exceptional exploration upside, with ongoing drilling aimed at defining additional resources across multiple zones. The mine is part of a larger structure with significant exploration targets, including untested copper-gold areas [11][7].
Brixton Metals Drills 16m of 3.4 g/t Gold, 96 g/t Silver, 0.59% Copper, 0.12% Antimony at the Glenfiddich Zone, Camp Creek Corridor
Globenewswire· 2025-07-29 11:30
Including 6m of 6.17 g/t Gold, 221 g/t silver, 1.4% Copper and 0.27% Antimony from 63m depth VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX- V: BBB, OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce its second batch of drill results of the 2025 season from its wholly owned Thorn Project located in NW British Columbia, Canada. The Thorn Project is an underexplored copper-gold porphyry district with several large-scale exploration target areas id ...
Xali Gold Provides Update on South American and Mexican Projects
Globenewswire· 2025-07-29 11:00
VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold" or the "Company") is pleased to advise that, aside from the Sarape Project in Mexico, the Company has decided to shift its exploration focus to South America. Within Mexico, Xali Gold has most recently been advancing the Sarape silver-gold Project ("Sarape") under option from Advanced Lithium Corp. Sarape is located in the Rio Sonora Valley of northern Mexico, a prolific gold-silver mining district that in ...
Endurance Reports Strong Antimony Drill Intersection from Crown Zone - 5.63 gpt Gold plus 5.12% Antimony over 3.3 M & 11.21 gpt Gold over 3.0 M
Newsfile· 2025-07-29 11:00
Core Insights - Endurance Gold Corporation reported strong assay results from its Reliance Gold Project, highlighting significant gold and antimony mineralization in multiple drill holes [2][3][4]. Drill Results - Drill hole DDH25-113 returned 5.63 grams per tonne (gpt) gold and 5.12% antimony over 3.3 metres, marking the best antimony grade over width intersection to date [3][11]. - Additional significant intersections from DDH25-113 include 11.21 gpt gold over 3.0 metres and 11.35 gpt gold over 0.6 metres [3][11]. - Drill hole DDH25-110 returned 2.34 gpt gold and 0.07% antimony over 14.1 metres, confirming continuous mineralization from surface to 530 metres down-dip [3][4]. - DDH25-111, a metallurgy hole, returned 2.22 gpt gold over 17.5 metres, including 5.58 gpt gold over 3.0 metres [3][11]. - DDH25-112 intersected narrower mineralized veins with gold grades of 3.25 gpt, 2.40 gpt, and 4.12 gpt over respective intervals [3][11]. Exploration Progress - The 2025 diamond drilling program has completed eight holes totaling 3,610 metres, with results pending for three additional holes [4][6]. - Nine out of fourteen drill holes from the "Crown Gap" have returned significant gold and antimony mineralization, indicating growth potential in the Crown Zone [3][4]. Future Plans - The company is currently conducting additional drill testing in the Crown Gap and plans to move the drilling rig to test near-surface targets up-dip of the Lower Crown discovery hole [4][6].
Harfang Announces New Partnership With SOQUEM to Advance Lake Menarik
GlobeNewswire News Room· 2025-07-29 11:00
MONTREAL, July 29, 2025 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (TSX.V: HAR) ("Harfang" or the "Company") announced today that it has signed a Definitive Option and Joint Venture Agreement (the "Agreement") with SOQUEM Inc. ("SOQUEM"), a subsidiary of Investissement Québec, to advance exploration at the Company's wholly-owned Lake Menarik Property (the "Property") in Eeyou Istchee James Bay, Québec. The Agreement outlines the terms and conditions that give SOQUEM the option to earn a 50% interest in La ...
Awalé Commences Trading on the OTCQX Market in the United States
Newsfile· 2025-07-29 11:00
Core Viewpoint - Awalé Resources Limited has commenced trading on the OTCQX Best Market, enhancing its visibility and accessibility to U.S. investors while continuing to trade on the TSX Venture Exchange [2][4][8]. Company Overview - Awalé Resources is focused on mineral exploration, particularly in Côte d'Ivoire, targeting high-grade gold and copper-gold deposits [5][7]. - The company is currently exploring the Odienné Copper-Gold Project, which spans 2,346 km² across seven permits, including a joint venture with Newmont [5][6]. Market Impact - Trading on the OTCQX is expected to broaden Awalé's investor base and improve access to U.S. capital markets, which is crucial for the company's growth strategy [3][4]. - The OTCQX is recognized as the highest level market of the OTC Markets, where 12,000 U.S. and global securities are traded, indicating a significant platform for visibility [3]. Exploration and Discoveries - Awalé has identified four mineralized systems within the joint venture with Newmont and has initiated exploration on its wholly-owned properties [6]. - The Odienné Project is characterized by underexplored potential and multiple prospects with favorable geochemical signatures, suggesting significant upside for future discoveries [7].
AuMEGA Metals Provides Exploration Update
Newsfile· 2025-07-29 10:25
Edmonton, Alberta--(Newsfile Corp. - July 29, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to provide an update on its fully funded 2025 exploration program including results from remaining assays related to the winter drill program at the Bunker Hill Project ("Bunker Hill"), located on the Cape Ray Shear Zone ("CRSZ") in Newfoundland and Labrador ("Newfoundland"), Canada. The Company is currently in one of its most comprehensive exploration programs ...