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PAN GLOBAL ADVANCES DRILL PROGRAMS AT ESCACENA AND CÁRMENES PROJECTS, SPAIN
Prnewswire· 2025-07-30 11:25
Core Viewpoint - Pan Global Resources Inc. is advancing its drill programs at the Escacena and Cármenes Projects in Spain, focusing on high-priority targets with significant mineralization potential, while preparing for a maiden Resource Estimate for the La Romana deposit by year-end [2][5][6]. Escacena Project - The Escacena Project covers a 5,760-hectare area in the Iberian Pyrite Belt, hosting multiple targets including La Romana and La Pantoja [8]. - The ongoing drill program includes 20 completed drillholes as part of a 7,000-meter initiative, targeting VMS-associated copper, tin, silver, and gold [5][6]. - Recent drilling has extended the surface strike-length of mineralization at La Romana to 1.7 km, with further drilling planned to test high-grade mineralization extensions [6][7]. Cármenes Project - The Cármenes Project spans 5,653 hectares and is located in a geologic belt known for copper-gold mining, with a focus on breccia-style mineralization [9]. - The drill program at Cármenes is testing for high-grade gold and copper-nickel-cobalt at the Providencia target, with three of six planned drillholes completed [5][12]. - Recent results from Providencia indicate wide breccia intercepts and gold mineralization from near surface in every drillhole to date [12]. Technical Reporting and Resource Estimation - The company is in the process of selecting a consultant to prepare a NI 43-101-compliant Technical Report, including a maiden Mineral Resource Estimate for the La Romana deposit [7][11]. - The Escacena Project is strategically located near existing mining operations, enhancing its potential for development [11]. Market Context - The company is focused on exploring copper-rich deposits, which are critical for global electrification and energy transition, alongside gold, which is experiencing record prices [10].
NexGold Intersects 40.09 g/t gold over 17.7 Metres at the Goldboro Open Pit Gold Project
Globenewswire· 2025-07-30 11:00
TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) ("NexGold" or the "Company") is pleased to provide additional drill results from a recently- completed 26,854-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Open Pit Gold Project ("Goldboro") in Nova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentiall ...
AbraSilver Substantially Increases Total Diablillos Mineral Resources to 199 Million Ounces Contained Silver and 1.7 Million Ounces Contained Gold (350 Moz AgEq) in M&I
Newsfile· 2025-07-29 11:30
AbraSilver Substantially Increases Total Diablillos Mineral Resources to 199 Million Ounces Contained Silver and 1.7 Million Ounces Contained Gold (350 Moz AgEq) in M&I Updated MRE Highlights Significant Growth Primarily at Oculto & JAC, Plus Maiden Heap Leach Resource July 29, 2025 7:30 AM EDT | Source: AbraSilver Resource Corp. Toronto, Ontario--(Newsfile Corp. - July 29, 2025) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce a substantial incre ...
Adyton Resources Reports Fatality at Gameta
Newsfile· 2025-07-28 14:37
Core Viewpoint - Adyton Resources Corporation reported a tragic fatality at the Gameta Project in Papua New Guinea, involving a casual employee of its joint venture partner during drilling operations, leading to a temporary suspension of drilling activities [1][2][3] Company Overview - Adyton Resources Corporation focuses on developing gold and copper resources in Papua New Guinea, with a portfolio of mineral exploration projects located in significant mineral jurisdictions [4] - The company aims to expand its identified gold Inferred and Indicated Mineral Resources and has made significant copper drill intercepts at the 100% owned Feni Island project [4] Mineral Resource Estimates - The total Mineral Resource Estimate for Adyton's projects in Papua New Guinea includes indicated resources of 173,000 ounces of gold and inferred resources of 2,000,000 ounces of gold [5] - The Feni Island Project has an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, equating to 1,460,000 ounces of contained gold [6] - The Fergusson Island Project has an indicated mineral resource of 4.0 million tonnes at an average grade of 1.33 g/t Au for 173,000 ounces of contained gold, and an inferred mineral resource of 16.3 million tonnes at an average grade of 1.02 g/t Au for 540,000 ounces of contained gold [7]
Drilling Completed
Globenewswire· 2025-07-28 13:07
Core Viewpoint - Central Iron Ore Limited (CIO) has announced a drilling update for the British King Project, highlighting the completion of a second phase of reverse circulation (RC) drilling and upcoming mineral resource estimates [1][2]. Drilling Update - The second phase of RC drilling at the British King Project was completed in Q2 2025, covering tenements M37/30 and M37/631, targeting both lateral and vertical extensions of the British King lode [2]. - A total of 10,262 meters were drilled across seventy-seven drillholes, with 4,694 meters drilled over thirty holes on tenement M37/30 [2]. Assay Results and Future Plans - Assay results for the majority of the drilling program have been received, and quality assurance and quality control checks are nearing completion [3]. - Interpretation of the assay data is currently underway, and a decision regarding the need for additional infill drilling will be made subsequently [3]. - An updated Mineral Resource Estimate (MRE), following the 2024 revision, is scheduled for release in Q3 2025 [3]. Qualified Person - Mr. Andrew Bewsher, a director of BM Geological Services Pty Ltd, has compiled the information related to the RC drilling program and is recognized as a Qualified Person under NI 43-101 [5].
GoldShore Intersects Additional Mineralization Beneath the Conceptual Open Pit at the Southwest Zone with 22m of 1.30 g/t Au
Newsfile· 2025-07-25 08:30
Core Insights - Goldshore Resources Inc. announced positive assay results from its 20,000-meter winter drill program at the Moss Gold Project, indicating potential resource expansion beneath the current proposed open pit [2][3] - The drilling targeted the Southwest Zone, with a total of 5,000 meters drilled to infill gaps in the resource model, which is currently treated as waste in the optimization process [4][9] - CEO Michael Henrichsen expressed confidence in adding significant ounces to the future resource estimate based on the successful results of the winter drill program [3] Drilling Results - Seven drill holes were completed, confirming the continuity of multiple parallel shear zones, which may enhance the existing mineral resource estimate [4][7] - Notable intercepts included: - 12.3m of 1.11 g/t Au from 556m in MMD-25-183, including 6.3m of 1.94 g/t Au [7] - 10.0m of 2.76 g/t Au from 314m in MMD-25-185, including 5.0m of 5.06 g/t Au [7] - 22.0m of 1.30 g/t Au from 533m in MMD-25-191, including 3.9m of 3.48 g/t Au [7] Resource Estimate - The updated NI 43-101 mineral resource estimate for the Moss Gold Project includes 1.54 million ounces of Indicated gold resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au [26] - The resource estimate currently encompasses only 3.6 kilometers of the 35+ kilometer mineralized trend, indicating significant potential for further exploration and development [26] Technical Overview - The drill program aimed to address data gaps between shallow and deep intercepts, which are critical for optimizing the resource model [9][19] - The results from the drill holes suggest the presence of high-grade mineralization and the potential for resource growth at the Moss Gold Project [7][19] Company Background - Goldshore is focused on acquiring and advancing primary gold assets in tier-one jurisdictions, with a significant investment of over $75 million in the Moss Gold Project [26] - The company is led by experienced professionals in the mining industry and is backed by a prominent private equity firm [26]
Adyton Resources Strengthens Board and Grants Stock Options and RSUs
Newsfile· 2025-07-24 22:39
Core Viewpoint - Adyton Resources Corporation has appointed Michael Gray as a Non-Executive Director to strengthen its board, alongside granting stock options and restricted share units (RSUs) to its officers, directors, and employees [1][3]. Board Appointment - Michael Gray, a respected independent research analyst with over 20 years of experience in the mining sector, has been appointed to the board, filling a vacancy left by the resignation of Chris Wilson [2][3]. - Gray's background includes co-founding Agentis Capital and a previous role as Managing Director at Macquarie Capital Markets, where he led Mining Equity Research [2]. Stock Options and RSUs - The company has granted a total of 9,000,000 stock options and 1,830,000 RSUs to certain officers, directors, and employees [3][4]. - Each stock option allows the holder to acquire one common share at an exercise price of $0.40, with a three-year expiration period and vesting requirements [4]. - The RSUs will vest only after the holder has been with the company for 12 months and the 30-day volume-weighted average price (VWAP) of the common shares reaches at least C$0.40 [5]. Company Overview - Adyton Resources focuses on developing gold and copper resources in Papua New Guinea, with a portfolio of mineral exploration projects [7]. - The company has indicated resources of 173,000 ounces of gold and inferred resources of 2,000,000 ounces of gold across its projects [8]. - The Feni Island Project has an inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, equating to 1,460,000 ounces of contained gold [9]. - The Fergusson Island Project has indicated resources of 4.0 million tonnes at an average grade of 1.33 g/t Au, totaling 173,000 ounces of contained gold [10].
NexGold Continues to Intersect High-Grade Gold Mineralization at the Goldboro Open Pit Gold Project, Including 108.76 g/t Au over 1.40 metres and 67.23 g/t gold over 2.20 metres
Globenewswire· 2025-07-24 11:00
TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) ("NexGold" or the "Company") is pleased to provide additional drill results from a recently- completed 26,854-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Open Pit Gold Project ("Goldboro") in Nova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentiall ...
Minerals 260 (MI6) Earnings Call Presentation
2025-07-24 03:30
ASX: MI6 Advancing one of Australia's largest undeveloped gold projects For personal use only 2.3Moz Bullabulling Gold Project Noosa Mining Conference 24 July 2025 Luke McFadyen, Managing Director Important Notes and Disclaimer Overview This presentation contains summary information about Minerals 260 Limited (ACN 650 766 911) (Company) and is current as of the cover date. The information in this presentation is of a general background and does not purport to be complete. This presentation is not investment ...
Maronan Metals (MMA) Earnings Call Presentation
2025-07-23 05:00
Project Overview - Maronan Metals Limited (ASX:MMA) is focused on the Queensland Silver Development Story [1, 13] - The company has large silver-lead and copper-gold resources [13] - A scoping study is targeted for Q1 FY26 [14] Resource Highlights - The global indicated and inferred silver-lead resource is 33.1 Mt @ 6.0% lead and 108 g/t silver, containing 114.5 Moz of silver and 2.0 Mt of lead [16, 26, 45] - The copper-gold resource is 32.0 Mt @ 0.85% copper and 0.63 g/t gold, containing 271kt of copper and 649koz of gold [16, 32, 47] - The Starter Zone Resource is 12.2 Mt @ 5.0% lead and 112 g/t silver [29, 46] Development Plans - The company lodged a Mineral Development Lease application in March 2025, seeking approval for an exploration decline, bulk samples, and underground drilling [35] - The next stages of growth include a scoping study in Q1 FY26 and MDL approval in Q2 FY26 [37] Share Capital Structure - The company has 201,252,826 shares on issue [17] - The share price as of July 18, 2025, was 23.5c, resulting in a market capitalization of $47.3 million [17]