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North American Niobium and Critical Minerals Corp. Reports Positive Preliminary Soil-Gas Radon Survey Results at Blanchette and Bardy; Phase 2 Planned with Rapid Follow-Up Portable Bedrock Drilling Program
Globenewswire· 2026-01-08 12:30
Core Insights - North America Niobium and Critical Minerals Corp. has reported positive preliminary results from its Phase 1 soil-gas radon survey on the Blanchette and Bardy properties in Québec, indicating multiple radon anomalies associated with rare earth element (REE) prospects [1][3][5] Survey Details - The Phase 1 soil-gas radon survey was conducted by RadonEx from December 16 to 18, 2025, covering a grid of 250 m x 250 m at Bardy with 68 sampling points and two grids of 200 m x 200 m at Blanchette with 72 sampling points [3][4] - Anomalous responses were defined as greater than 0.19 pCi/m²/s at Bardy and greater than 0.15 pCi/m²/s at Blanchette, with several radon anomalies located near known REE prospects [3][4] Interpretation and Trends - The preliminary interpretation suggests that the radon anomalies may indicate extensions of pegmatitic granitic dykes, which are known to host REE and niobium mineralization [3][5] - A WNW–ESE trend in the anomalous pattern at Bardy aligns with regional dyke orientations reported by Québec government geologists [5] Follow-Up Plans - The company plans to expand the radon soil gas survey in Q1 2026 to cover additional areas of the Blanchette, Bardy, and Seigneurie properties, with grid design and spacing currently under review [5][17] - A rapid follow-up backpack drilling program will be initiated to target the identified anomalous zones, allowing for quick geological logging and sampling [12][14] Methodology - The backpack drilling method is designed to drill through overburden of 20 m or more, recovering approximately 2–3 m of bedrock core for analysis [14][19] - The company aims to prioritize the most prospective areas for diamond drilling programs by combining near-real-time radon targeting with rapid follow-up sampling [15][19] Company Overview - North American Niobium and Critical Minerals Corp. focuses on the acquisition and development of precious, base, and critical mineral assets, including properties in British Columbia and Québec that are rich in REE, niobium, and nickel-copper occurrences [23]
North American Niobium and Critical Minerals Corp. Reports Positive Preliminary Soil-Gas Radon Survey Results at Blanchette and Bardy; Phase 2 Planned with Rapid Follow-Up Portable Bedrock Drilling Program
Globenewswire· 2026-01-08 12:30
Core Insights - North America Niobium and Critical Minerals Corp. has reported positive preliminary results from its Phase 1 soil-gas radon survey on the Blanchette and Bardy properties in Québec, indicating multiple radon anomalies associated with rare earth element (REE) prospects [1][3][5] Survey Details - The Phase 1 soil-gas radon survey was conducted by RadonEx from December 16 to 18, 2025, covering a grid of 250 m x 250 m at Bardy with 68 sampling points and two grids of 200 m x 200 m at Blanchette with 72 sampling points [3][4] - Anomalous responses were defined as greater than 0.19 pCi/m²/s at Bardy and greater than 0.15 pCi/m²/s at Blanchette, with several radon anomalies located near known REE prospects [3][5] Interpretation and Future Plans - The preliminary interpretation suggests that the radon anomalies may indicate extensions of pegmatitic granitic dykes, which are known to host REE and niobium mineralization [3][5] - The company plans to expand the radon survey in Q1 2026 to cover additional areas of the Blanchette, Bardy, and Seigneurie properties, with grid design and spacing still under review [5][16] Follow-Up Strategy - North America Niobium is integrating near-real-time radon targeting with a rapid follow-up backpack drilling program to quickly assess newly identified anomalous areas [11][18] - The backpack drilling method is designed to drill through overburden and recover bedrock core samples for geological logging and sampling, with an expected collection of 3-5 samples per day [13][18] Company Overview - North America Niobium and Critical Minerals Corp. focuses on the acquisition and development of precious, base, and critical mineral assets, including properties in British Columbia and Québec that are strategically important for energy and defense applications [20]
Fury Reviews 2025 Achievements and Outlines 2026 Exploration Priorities
Globenewswire· 2026-01-08 11:59
Core Viewpoint - Fury Gold Mines Limited has made significant progress in 2025, including exploration drilling across multiple gold properties, portfolio expansion through the acquisition of Quebec Precious Metals, and advancements in the Eau Claire gold project with a preliminary economic assessment [1][3][5]. Group 1: 2025 Achievements - The company drilled over 18,000 meters across its portfolio in 2025, with approximately 15,200 meters completed in Quebec [3]. - The Eau Claire gold deposit demonstrated a base-case after-tax NPV5% of C$554 million and an after-tax IRR of 41% at a gold price of $2,400 per ounce, with a total gold recovery of 834,000 ounces over an 11-year mine life [7]. - An initial mineral resource estimate for the Sakami gold project was published, reporting 23.9 million tonnes grading 1.07 grams per tonne gold for 825,000 ounces [7]. Group 2: Funding and Capital Markets - The company closed a C$18 million brokered flow-through financing to support exploration and development at Committee Bay and Eau Claire [8]. - An additional equity investment of C$4.3 million was secured from Agnico Eagle Mines Limited [8]. Group 3: 2026 Outlook - Fury commenced a winter drilling program at Eau Claire, announcing a 10,000-meter program aimed at expanding mineral resources and connecting current resources to future development scenarios [6][9]. - Approximately 6,600 meters have been drilled to date, with plans to complete between 12,000 and 13,000 meters by the end of February [9]. - Exploration planning for the Committee Bay gold project includes a potential 5,000-meter drill program to test high-grade mineralization [10].
Harvest Gold Identifies Significant AU-AG-CU Halo Associated With The Structural / Magnetic Feature On Mosseau
Thenewswire· 2026-01-08 11:30
Core Insights - Harvest Gold Corporation has announced the second series of assay results from its maiden drill program at the Mosseau property in Quebec's Abitibi region, indicating significant mineralization potential [1][2] Drill Program Highlights - The drill program included a total of 21 holes, totaling 4,692 meters, with results reported for the first 11 holes and the second batch of assay results now released [6] - The most notable intersections from the second batch include 2.40 g/t Au over 1.4 m and 1.26 g/t Au over 1.5 m, indicating promising gold mineralization [5][8] - Hole MO-25-22, testing the down-dip extension of the Morono deposit, intersected several wide zones of anomalous Au and Cu mineralization over core lengths of 10 to 19 meters [9] Mineralization Insights - The mineralization found in the dilation zone is characterized by complex and sizable Au-Ag-Cu mineralization, suggesting a regionally extensive gold system [2][3] - The mineralization style in hole MO-25-24 indicates a good correlation of Au-Ag-Cu assays, highlighting the potential for a larger deposit and expansion of mineralization towards the east [10] Geological Context - The drilling targeted a major structural feature interpreted as a large dilation zone, based on a high-resolution magnetic survey conducted by Harvest Gold in 2024 [5][7] - The mineralization shares similarities with several well-known gold-rich base metal deposits in the Abitibi region, enhancing the exploration potential [2] Company Overview - Harvest Gold is focused on exploring for near-surface gold deposits and copper-gold porphyry deposits in stable mining jurisdictions, with a commitment to positive relationships with local Indigenous communities [12][13]
New Earth Resources Announces Comprehensive Exploration Program for its SL Rare Earth Elements Project
Globenewswire· 2026-01-08 08:01
Core Viewpoint - New Earth Resources Corp. is initiating a strategic exploration program for the SL Project, which is prospective for rare earth elements in Quebec, Canada, aiming to systematically evaluate the project's potential and generate data for future targeting efforts [1][2]. Exploration Program Overview - The exploration program includes regional prospecting, airborne geophysics, and geochemical surveys to identify geological features and potential REE mineralization indicators [2][5]. - The SL Project consists of 23 claims covering approximately 1,102 hectares, with the company holding an option to acquire a 100% interest [2][11]. Geological Context - The property is located in the Southeastern Churchill Province, characterized by alkaline to calc-alkaline rocks, which are known for their REE endowments, similar to the nearby Strange Lake REE district [2][3]. - The lithological composition of the property includes granite, mangerite, and quartz monzonite, indicating a promising host for REE mineralization [3]. CEO Statement - The CEO of New Earth emphasized the importance of this exploration phase in unlocking the value of the SL Project and highlighted the company's commitment to responsible exploration practices [4]. Specific Exploration Activities - Regional prospecting will involve field teams systematically locating outcrops and collecting samples to assess REE potential [5]. - An airborne magnetic survey will be conducted to map geological features relevant to REE mineralization [5]. - Geochemical surveys will include lake bottom sampling and soil sampling to detect REE anomalies across the property [5].
Golden Sky Granted Second Permit to Drill the Rayfield-Gjoll Property, Expands Exploration to Gnome and Semlin Targets
TMX Newsfile· 2026-01-07 18:20
Core Viewpoint - Golden Sky Minerals Corp. has received a second drill permit for the Gnome and Semlin Target zones on the Rayfield-Gjoll Copper-Gold Property, marking a significant milestone for the company as it prepares for an active exploration season in 2026 [3]. Company Overview - Golden Sky Minerals Corp. is a junior grassroots explorer focused on acquiring, assessing, exploring, and developing mineral properties in highly prospective areas [10][11]. - The company was incorporated in 2018 and is headquartered in Vancouver, British Columbia, Canada [11]. Exploration Details - The Rayfield-Gjoll Property spans 87,660 hectares and is located in the Quesnel Trough, a prominent porphyry copper belt in Canada [2]. - The first phase of the exploration program will begin in early 2026, starting with an Induced Polarization (IP) geophysical survey to identify geochemical and geophysical anomalies [1]. - Phase 2 will involve up to 3,000 meters of diamond drilling based on the results from the IP survey [1]. Target Zones - The Gnome Target features a large-scale geochemical anomaly measuring approximately 1.8 km x 1.5 km, with historical surface sample assays showing up to 0.22% Cu and 1.02 g/t Au [6]. - The Semlin Target has a geochemical soil anomaly of about 1.4 km x 0.9 km, with surface samples indicating potential for a mineralized copper-gold porphyry system [6]. Industry Context - The Quesnel Trough is characterized by significant metal endowment and a well-established production history, hosting major mining operations such as Teck's Highland Valley Copper Mine and Taseko's Gibraltar Mine [2]. - The region remains underexplored by modern methodologies, presenting opportunities for new discoveries [2].
CORRECTION -- Emerita Resources Corp.
Globenewswire· 2026-01-07 14:06
Core Insights - Emerita Resources Corp. reported significant drilling results from the El Cura deposit, part of the Iberian Belt West project, with notable intersections including 12.1m grading 1.6% copper, 0.85 g/t gold, and 32.11 g/t silver [1][11] Drilling Results - Drill hole EC092 intersected 12.1m grading 1.6% copper, 0.1% lead, 0.1% zinc, 0.85 g/t gold, and 32.11 g/t silver [5][11] - Other notable drill results include: - EC086: 1.8m grading 2.3% copper, 1.78 g/t gold, and 61.39 g/t silver [5] - EC085: 1.4m grading 5.8% copper, 4.89 g/t gold, and 51.0 g/t silver [5] - EC083: 1.3m grading 0.7% copper, 74.08 g/t silver [6] - The deposit has a strike extent of approximately 650 meters and extends about 320m down-dip, with mineralization intercepted in all reported holes [10][11] Project Development - The El Cura deposit is undergoing Prefeasibility Studies, with ongoing drilling aimed at expanding the resource boundaries [1][14] - A total of 86 holes have been drilled at El Cura, with a hit rate of 86% for mineralized intervals [14] - The deposit is considered suitable for underground bulk mining methods, such as long-hole stoping [14] Geological Insights - The drilling tested various portions of the deposit, revealing a coherent steeply dipping gold-copper-rich deposit [10][14] - The upper central area showed consistent results with previous holes, indicating a narrow, copper-gold enriched interval within a broader zone of average grade material [12] Future Exploration - Follow-up extension testing is warranted in the area surrounding hole EC092 due to its significant results [11] - The western extension of the deposit remains a priority for the ongoing drill program, as holes EC085 and EC087 expand the mineral resource boundary beyond previous estimates [13]
Katoro Final Technical Report Generates 80 High Priority Drill Targets
Thenewswire· 2026-01-07 13:30
Core Insights - Cameo Resources Inc. has received a Technical Report detailing the investigation of gold mineralized zones at the Katoro-Geita Gold Project in North Tanzania, indicating high prospectivity for gold mineralization [1][3] Technical Report Highlights - The Company plans to initiate phased drilling campaigns at the Katoro property, with a 10-15 drill hole program designed to evaluate the first two of five identified mineralized zones, with drilling expected to commence in early February [2] - A total of 80 priority drill targets have been generated within four months, showcasing the effectiveness of modern geophysical exploration methods [3] - Five distinct mineralized zones have been identified at varying depths, with potential extensions beyond the project boundaries, indicating additional areas for exploration [4] Geophysical Results Interpretation - The mineralized zones exhibit moderate to high chargeability values up to 250 mV/V and low to intermediate resistivity values ranging from approximately 10 Ωm to 700 Ωm, suggesting the presence of disseminated sulphides and gold mineralization [4] - The zones align with significant trends interpreted as faults and shear zones, particularly an E-W trend mirroring the nearby Tembo gold deposit [4] Katoro Gold Property Overview - The Katoro property spans 19.58 square kilometers within the Sukumaland Greenstone Belt, a region known for its multi-million-ounce gold deposits and ongoing operations by major gold companies [9][11] - Historical mining activities by artisanal miners have been noted, with evidence of shallow pits and trenches indicating the presence of gold associated with quartz veins [9]
Leviathan Metals Corp. Announces Strategic Advances and Outlook for 2026
Globenewswire· 2026-01-07 13:30
Core Insights - Leviathan Metals Corp. outlines its key achievements in 2025 and plans for growth and exploration in 2026, including drilling activities in Botswana and Bosnia [1] Group 1: Acquisitions and Assets - The acquisition of Cura Exploration Botswana Corp. resulted in 100% ownership of a significant land position on the Kalahari Copper Belt, with the Central Project being a key asset located near MMG Limited's Khoemacau cluster [2] - The Central Project hosts a geological feature that has never been drill tested, providing an opportunity for a Tier 1 copper discovery in an under-explored mineral belt [3] - The acquisition also includes a uranium portfolio in Botswana, with the Serule project being a principal asset that has shown promising mineralization from previous drilling [4] - The acquisition of Foča Metals Corp. in Bosnia secured 100% ownership of the Foča Project, which is located in an underexplored area with historical drilling suggesting significant mineral potential [5] Group 2: Exploration Plans - Initial programs at the Foča Project are targeting near-surface deposits along key fault structures, with plans for induced polarization geophysics to identify drillable targets [6] - The exploration environment in Bosnia and Herzegovina is favorable due to low operational costs and a supportive government, positioning the Foča Project for potential significant discoveries [6] Group 3: Future Outlook - The company anticipates strong momentum in 2026, supported by a solid balance sheet, an exceptional property portfolio, and a team with expertise in Kalahari and Balkan mineral systems [7]
Emerita Intersects 2.1m Grading 1.6% Copper, 0.85 g/t Gold, 32.11 g/t Silver and 1.4m Grading 5.8% Copper, 4.89 g/t Gold and 51.0 g/t Silver at El Cura
Globenewswire· 2026-01-07 12:00
Core Insights - Emerita Resources Corp. reports ongoing drilling results from the El Cura deposit, part of the Iberian Belt West project, which includes three Volcanogenic Massive Sulfide deposits currently undergoing Prefeasibility Studies [1][10]. Drilling Results - Recent drilling at El Cura has shown significant mineralization, with various drill holes intercepting mineralized intervals ranging from 0.9m to 12.1m [10]. - Notable results include: - EC092: 12.1m grading 1.6% copper, 0.1% lead, 0.1% zinc, 0.85 g/t gold, and 32.11 g/t silver [5]. - EC085: 1.4m grading 5.8% copper, 0.1% lead, 0.1% zinc, 4.89 g/t gold, and 51.0 g/t silver [5]. - EC086: 1.8m grading 2.3% copper, 1.6% lead, 3.5% zinc, 1.78 g/t gold, and 61.39 g/t silver [5]. Deposit Characteristics - The El Cura deposit has a strike extent of approximately 650 meters and extends about 320m down-dip, remaining open for further exploration [10]. - The deposit is characterized as a coherent steeply dipping gold-copper-rich deposit, suitable for underground bulk mining methods [14]. Exploration Strategy - The company has drilled a total of 86 holes at El Cura, with a hit rate of 86%, indicating a high success rate in identifying mineralized intervals [14]. - The ongoing drill program prioritizes the western extension of the deposit, which is located over 200m beyond the 2025 Indicated Mineral Resource Estimate limits [13]. Future Plans - Follow-up extension testing is warranted in the area around EC092 due to the significant results obtained [11]. - The company aims to classify the deposit primarily as measured and indicated resources, facilitating conversion to reserve categories in the forthcoming Prefeasibility Study [14].