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Supreme Critical Metals Options Gold Springs 1 Property, Lincoln County, Nevada
Accessnewswire· 2025-11-04 11:00
Contact Us Back to the Newsroom Supreme Critical Metals Options Gold Springs 1 Property, Lincoln County, Nevada Tuesday, 04 November 2025 06:00 AM Topic:Â Company Update VANCOUVER, BC / ACCESS Newswire / November 4, 2025 / Supreme Critical Metals Inc., (CSE:CRIT) (FWB:VR6)(OTC PINK:VRCFF) ("Supreme" or the "Company") is pleased to announce that it has acquired an option to earn a 100% interest in the Gold Springs 1 Property (the "Property" or "Gold Springs 1"), located in Stateline Mining District, Lincoln ...
LAURION Starts defining Gold Mineralization North and Northeast of the Brenbar Shaft, Highlighting 2.68 g/t Au over 1.05 m from 117.6 m to 118.65 m
Thenewswire· 2025-11-04 10:00
Core Insights - LAURION Mineral Exploration Inc. announced positive results from its 7,700-metre Summer 2025 drill exploration program at the Ishkõday Project, confirming the continuity of gold-bearing structures and advancing the understanding of the mineralized system [1][5][7] Drill Program Details - The drill holes LME25-061 and LME25-062, totaling 954 metres, were designed to evaluate the mineralized system at the historic Brenbar Mine area [2] - The 2025 drill program targeted complex folded gold-bearing vein structures, confirming high-grade quartz-vein hosted gold within sheared volcanic rocks [5][7] Assay Results - Significant assay results from LME25-061 include: - 2.25 m @ 0.88 g/t Au, including 1.70 m @ 1.10 g/t Au [6][8] - Significant assay results from LME25-062 include: - 1.05 m @ 2.684 g/t Au, including 0.50 m @ 5.18 g/t Au [6][8] Sampling and QA/QC Protocols - All drill core samples were transported to the ALS facility in Thunder Bay for preparation and analysis, employing industry-standard QA/QC protocols [9][10][11] Company Overview - LAURION is a mid-stage junior mineral exploration and development company focused on the Ishkõday Project, which is 100% owned and covers an area of 57 km² [13][14] - The company aims to maximize shareholder value through its mineral exploration activities and is positioned as a potential acquisition target [15]
Colibri Announces Closing of First Tranche of Its Over-subscribed Non-Brokered Offering and Engages CANMEX for Drilling at EP Gold Project
Newsfile· 2025-11-03 14:09
Core Points - Colibri Resource Corporation has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $1,350,722 [1][2] - The company issued 9,004,816 units at a price of $0.15 per unit, with each unit consisting of one common share and one warrant [2] - The net proceeds will be utilized for advancing exploration at Colibri's gold projects in Mexico and for general working capital [5] Financing Details - The company will pay finder's fees totaling $71,504 and issue 476,693 Finder's Warrants, each exercisable at $0.25 for 24 months [3] - A related party transaction occurred as Mr. Ian McGavney, Director and CEO, purchased 269,000 units for proceeds of $40,350 [4] Exploration and Drilling Plans - Colibri has engaged CANMEX for the next phase of drilling at the EP Gold Project, focusing on the San Perfecto and Banco de Oro target areas [6][8] - Drill targets have been defined through surface sampling, geological mapping, and geophysical surveys, indicating potential extensions of known mineralized systems [7] Company Overview - Colibri Resource Corporation is a Canadian junior mining company focused on the acquisition, exploration, and development of precious metal properties in Sonora, Mexico [9] - The company holds a 100% interest in the EP Gold Project and a 49% joint venture interest in the Pilar Gold & Silver Project [9]
Drilling at North Peak's Industry Targets Underway. Follow-up Channel Sampling at Dean Cave Complex Stopes Yielded Further High-Grade Gold up to 90.4 g/t
Newsfile· 2025-11-03 13:21
Core Insights - North Peak Resources Ltd. has commenced drilling at the Industry tunnel target area, completing nearly 1,000 feet in the Wabash/Williams area and obtaining further results from the Dean Cave complex at their Prospect Mountain property in Eureka, Nevada [1][4] Drilling and Sampling Results - Drilling at the Industry target is focused on a 10,000 m² area with a soil anomaly of >0.1 g/t Au, located in the Eldorado dolomite between the Eureka and Industry tunnel systems [2] - Grab samples from the Industry tunnels have shown high values, with results up to 22.8 g/t Au and 87 g/t Ag, although these samples are selective and not indicative of the area's overall economic potential [2] - Historical production records from the Industry tunnel (1873-1888) indicate valuable ores, with a gold equivalence value of 3.83 oz/short ton based on 1888 prices [2] Dean Cave Complex Insights - Channel sampling across the Dean Cave complex has yielded high-grade results, particularly in the eastern area, which is identified as a high-priority zone for oxide ore [3] - Notable assay results include 90.4 g/t Au and 660 g/t Ag over 0.6m, indicating significant mineralization potential [5] - The Dean Cave complex has a history of high-grade production, with average historical grades of 0.229 oz/t (7.8 g/t) Au and 5.83 oz/t (200 g/t) Ag from previous mining activities [9] Geological Context - The Dean Cave area is characterized by a network of old stopes and is situated at the intersection of significant fault systems, which may enhance mineralization potential [3][11] - The property is located in the Southern Eureka Gold Belt, where various styles of mineralization have been identified, including gold, silver, and lead-zinc mineralization [19] Company Overview - North Peak Resources Ltd. is a Canadian gold exploration and development company listed on the TSX Venture Exchange and OTCQB, with a strong track record in acquiring mining assets and applying modern exploration techniques [22]
Argo Increases Its Uranium Mineral Claim Position in the Athabasca Basin, Saskatchewan
Newsfile· 2025-11-03 13:11
Core Insights - Argo Gold Inc. has expanded its uranium mineral claim position at Thunderclap in the Athabasca Basin, Saskatchewan, now covering 264 hectares with a 100% interest [1] - The company holds a total of 15,962 hectares across four uranium areas in the Athabasca Basin, which are considered prospective for uranium mineralization [1] - The Fraser Institute's Annual Survey of Mining Companies ranks Saskatchewan as the third most attractive region globally for mineral exploration and mining investment [5] Company Overview - Argo Gold is a Canadian mineral exploration and development company, also involved in oil production, and is listed on the Canadian Securities Exchange [13] - The company is well-positioned to advance mineral exploration due to its high-quality assets in a mining-friendly jurisdiction [5] Geological Context - Thunderclap is strategically located near several significant uranium mines, including McLean Lake, Rabbit Lake, and Cameco's Cigar Lake [2] - Historical drilling results in the vicinity of Thunderclap indicate promising uranium mineralization, with notable intersections of eU3O8 [3][4] - The Thunderclap Property has never been drilled-tested, suggesting high prospectivity for future exploration [4]
Amex Aims to Build Gold Ounces at Perron with up to 100,000m of New Drilling Planned
Newsfile· 2025-11-03 12:00
Core Viewpoint - Amex Exploration Inc. is planning an extensive drilling program for 2026, aiming to conduct up to 100,000 meters of drilling at its flagship Perron Project in Quebec and the Perron West Project in Ontario, marking one of the most aggressive drill programs for a junior developer in Canada [1][2]. Group 1: 2025 Drilling Program - The remainder of the 2025 drilling program includes a 10,000-meter initiative focused on the Eastern Gold Zone (EGZ), which hosts the majority of the current resource [5]. - The program aims to test several targets within the EGZ, including the Champagne, Denise, Team, E2, JT, and Alizée zones, all of which remain open for expansion [5]. - Specific goals include testing the northeastern extension of the Champagne Zone, exploring deeper targets in the Team Zone, and assessing extensions of the Central Polymetallic Zone [5]. Group 2: 2026 Exploration Plans - The 2026 exploration program is fully budgeted and will focus on resource expansion and new discoveries across the expanded land package [2][6]. - The geological team has identified several highly prospective new targets within the Normétal-Burntbush greenstone belt, which has been historically underexplored for gold [2]. - Further details of the 2026 drill program will be announced in the coming months, with an emphasis on continued resource expansion at Perron and testing regional targets [6]. Group 3: Project Overview - The Perron Project consists of 183 contiguous claims covering an area of 65.75 square kilometers, while the adjacent Perron West Project includes 35 claims for a total land package of 200.30 square kilometers [12][13]. - The projects are located in a geologically favorable area for both high-grade gold and volcanogenic massive sulphide (VMS) mineralization [13]. - The infrastructure supporting the projects is robust, with year-round road access and proximity to processing plants owned by major gold producers [14].
Canterra Minerals Announces Commencement of Drilling on the Wilding Gold Project, Newfoundland
Globenewswire· 2025-11-03 12:00
Core Viewpoint - Canterra Minerals Corporation has commenced drilling new high-grade gold targets at the Wilding Gold Project, leveraging new geological insights and data from adjacent properties to enhance exploration potential [1][2][4]. Summary of Geological Insights - New geological understanding from the summer 2025 program and data from the adjacent Valentine Mine has led to the identification of high-confidence drill targets, indicating strong potential for high-grade gold in quartz vein systems along a 55 km gold-bearing corridor [2][4]. - The company has systematically consolidated resources and expanded its land position in the central Newfoundland Mining District over the past four years, positioning the Wilding Project for future exploration [4][15]. Summary of Drill Targets - A total of 1,200 meters of large diameter (HQ) core drilling is planned across 15 drill holes, targeting stacked extensional quartz-gold-tourmaline-pyrite vein packages along known shear zones [6]. - The targets have been defined through summer 2025 fieldwork, prospecting results, re-interpreted IP geophysics, and historical data [6]. - New optical televiewer work and drone orthophotos have significantly improved target confidence, with extensional vein targets interpreted to lie parallel to previously drilled holes [6]. Specific Target Areas - **Elm, Alder, and Cedar Zones**: Historical trenching and drilling have shown significant gold grades from shear-hosted veins, with re-interpretation indicating the highest gold endowment occurs in oblique extensional vein sets [7]. - **Geophysical Anomalies**: Reprocessed IP data reveal resistivity anomalies coinciding with known quartz veins, outlining multiple previously untested targets [7]. - **High-Precision Mapping**: Detailed structural mapping has refined new target geometries for optimal drill testing [7]. - **Drilling Orientation**: New drill setups will target southwestward at shallower angles to test high-grade extensional veins similar to those at the Valentine Mine [7]. - **Downhole Data Integration**: Post-drilling optical televiewer surveys will validate vein orientations for incorporation into 3D structural and vein modeling [7]. Company Overview - Canterra Minerals is a diversified minerals exploration company focused on gold, copper, and other critical minerals in central Newfoundland, with projects located near historically significant mining sites [13][15]. - The Wilding Project is interpreted to cover a ~55 km extension of the structural corridor that hosts the Valentine Gold Mine deposits, which is expected to become Newfoundland's largest gold mine [15].
Kirkland Lake Discoveries Announces 25,000-metre Drill Program
Newsfile· 2025-11-03 12:00
Core Insights - Kirkland Lake Discoveries (KLDC) plans a 25,000-metre diamond drill program targeting high-priority zones identified through recent geological work [1][3] - The company has granted 5,500,000 stock options to its directors, officers, and management, exercisable at $0.40 per share for five years [4] - KLDC has a 400-km² exploration portfolio in the Kirkland Lake region, known for its rich mining potential [5] Exploration Plans - The upcoming drill program is described as the company's most ambitious to date, with a focus on areas with coincident magnetic and conductive anomalies [1][3] - Initial drilling will target high-potential areas, including follow-up targets at Winnie Lake and new discoveries at the Winnie Lake pluton [9] - A comprehensive exploration update will be released upon completion of data interpretation from recent surveys [9] Technical Insights - The combination of magnetic and magnetotelluric (MT) datasets is providing new insights into subsurface structures, enhancing target identification [3] - Preliminary results from the MT survey have revealed compelling structural and geophysical features associated with mineralization [9] - KLDC's exploration strategy emphasizes smart and efficient exploration to maximize results [6]
Silver Range CEO on advancing the Tule Canyon gold-silver project – ICYMI
Proactiveinvestors NA· 2025-11-01 13:17
Core Viewpoint - Silver Range Resources Ltd is advancing its exploration projects, particularly focusing on the Tule Canyon gold-silver property in Nevada, utilizing new geophysical work to explore its potential [1]. Company Overview - The Tule Canyon project features high-grade gold and silver mineralization over several miles, with historical mining activities dating back to the 1890s [2]. - Previous larger companies showed little interest in the area due to the smaller, high-grade showings, but the company identified a larger zoned system with silver to the west and gold-rich zones to the east [3]. Geological Insights - The mineralization showings are located along a significant bend in the aeromagnetic field, which is crucial for geological studies as it indicates areas where pressure is released and mineralization can occur [4]. - The company believes this bend could be key to understanding the district and locating a major deposit [4]. Survey Plans - The company has engaged Precision GeoSurveys to conduct an airborne survey to map the structural bend and identify secondary anomalies that may indicate new mineralization [5][6]. - The airborne survey is advantageous as it allows for the efficient coverage of large areas, providing a base map for further exploration, especially in areas where surface mapping is challenging due to alluvium [7]. Expected Outcomes - The data from the surveys will enhance understanding of the geological structure and guide exploration efforts to uncover additional mineralization or expand known areas [8].
Eastfield Resources Ltd. Reviews Corporate And Project Developments
Thenewswire· 2025-10-31 13:00
Core Insights - Eastfield Resources Ltd. is actively engaged in exploration activities focused on precious and base metals in Western Canada and the Western United States, holding five copper- and/or gold-focused projects in British Columbia [2][3]. Company Overview - Eastfield Resources Ltd. is a Tier 1 issuer on the TSX Venture Exchange, having traded continuously since 1987 without interruption or share consolidation [2]. - The principal asset is the 100%-owned Zymo Copper-Gold Porphyry Project, covering 18,184 hectares near Smithers, British Columbia [3]. Exploration Activities - The Zymo project has seen over $4.9 million in exploration expenditures, with significant geological features including an 8+ km by 2 km induced polarization (IP) anomaly indicating a copper-gold porphyry system [3][4]. - Five mineralized zones have been identified, with notable drill results including up to 10.78 g/t Au and several percent lead and zinc [4]. - A five-year exploration permit was granted in December 2024, allowing for 50 drill sites and 50 km of geophysical surveying, with a 2025 field program currently underway [5]. Financial Update - In September 2025, Eastfield completed a private placement financing of $1.0 million, enhancing the company's treasury for future exploration [6].