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Maxus Mining Expands Land Holdings at the Hurley Antimony Project in British Columbia, Canada
Globenewswire· 2025-07-23 12:00
VANCOUVER, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce that the Company has expanded its land holdings by approximately 2,431 hectares at the Hurley Antimony Project (the "Project" or the "Property") in British Columbia, Canada. The Company is currently undertaking a compilation of all available historic data on the Project to prepare its Phase 1 Exploration Plans. Scott Walters, CEO of Maxus, commented, "The ...
Aventis Energy Announces Results of High-Resolution TDEM Survey at the Corvo Uranium Project in Northern Saskatchewan
Globenewswire· 2025-07-23 12:00
VANCOUVER, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) -- Aventis Energy ("Aventis" or the "Company") (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is pleased to provide a summary of results from an airborne Time Domain Electromagnetic ("TDEM") survey (the "Program") completed on its 12,265-hectare Corvo Uranium Project ("Corvo", or the "Project") earlier this year. The helicopter-assisted survey was flown using the 30Hz Xcite™ TDEM system that simultaneously collects time domain electromagnetic, and magnetic da ...
Greenridge Exploration Commences Airborne Electromagnetic Survey for the Flying Vee Nickel Project in Northern Saskatchewan
GlobeNewswire News Room· 2025-07-23 12:00
VANCOUVER, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. ("Greenridge" or the "Company") (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce it has commenced a helicopter-borne time-domain electromagnetic ("HTDEM") survey (the "Program") on the Flying Vee Nickel Project ("Flying Vee", or the "Project"). Axiom Exploration Group Ltd. of Saskatoon, Saskatchewan, Canada ("Axiom") is contracted to perform a high-resolution Xcite™ survey at the Project. Flying Vee consis ...
Assay Results from Glenstar's Wildhorse Project in Nevada Report Anomolous Copper, Silver, Bismuth, and Tungsten
Newsfile· 2025-07-23 11:09
Core Viewpoint - Glenstar Minerals Inc. has announced promising assay results from its Wildhorse Property in Nevada, indicating the presence of anomalous copper, silver, bismuth, and tungsten, which may suggest significant mineralization potential in the area [1][2][6]. Group 1: Assay Results - Four grab samples from the Coca Cola Zone returned copper values of 1.6%, 5.3%, 2.3%, and 5.1%, with an average silver content of 21.6 ppm, and anomalous bismuth and tungsten averaging 156 ppm and 72.5 ppm respectively [2]. - Four additional samples from the Highland Zone averaged 0.16% copper and 43 ppm silver, with two samples containing 1.23% zinc and 1.98% lead [3]. - A third sampling site returned low assay results and is considered outside the main area of interest [4]. Group 2: Geological Observations - The geological observations indicate a complex array of porphyritic dikes and a strong skarnified envelope in the central portion of the property, suggesting a mineralized porphyry intrusive at depth [5][6]. - The property is characterized by a series of east-dipping mineralized zones, with initial assessments indicating the presence of a quartz veinlet zone containing over 1 gram per ton gold, 1% copper, and 6,100 ppm antimony [9][10]. Group 3: Exploration Plans - The Phase 2 exploration program will focus on increasing sample density and geological information in the identified central zone [8]. - The economic opportunity at Wildhorse suggests the potential discovery of a large, well-mineralized skarn system, which is favorable for exploration using various geophysical methods [11]. Group 4: Company Overview - Glenstar Minerals Inc. is focused on exploring and developing critical mineral and energy metal properties, essential for advanced electronics and energy technologies [12]. - The company trades on multiple exchanges, including the Canadian Securities Exchange under the symbol "GSTR" [13].
Northern Lights Granted a 5 Year Exploration Permit for the Horetzky Project
Thenewswire· 2025-07-23 11:00
Vancouver, British Columbia, July 23, 2025 – TheNewswire - Northern Lights Resources Corp. ("Northern Lights" or the "Company") (CSE:NLR, OTC: NLRCF) is pleased to announce that it has received approval for a multi-year area-based exploration drill permit (MYAB Permit) for the Horetzky Project located in north-central British Columbia, Canada. Northern Lights CEO, Jason Bahnsen, commented "The granting of the 5 year exploration permit for the Horetzky Project is major milestone for the Company. We are now f ...
36.0 g/t Gold Over 10.0 Meters - Froome Mine Life Extended With Discovery of New High-Grade Mineralization
Globenewswire· 2025-07-23 10:00
Core Insights - McEwen Inc. has announced the discovery of high-grade mineralization approximately 200 meters west of the Froome Mine, which is expected to extend mining operations at the Froome site [1][15][16] Exploration and Drilling Results - The Froome West mineralization consists of several sub-vertical, stacked mineralized lenses, with a high-grade trend approximately 15 to 25 meters wide, remaining open to the west and at depth [3][4][16] - Significant drill results include Hole 25PR-G424, which returned 36.0 g/t gold over 10.0 meters, including 160.0 g/t gold over 2.2 meters [8][10] - The exploration program will continue to drill deeper and laterally to evaluate broader regional mineralization trends [4][9] Mining Infrastructure - Development of mining infrastructure on four levels is already underway at Froome West, extending from the existing Froome Mine operations [9][11] - Future mining activities will utilize the existing infrastructure from the Froome Mine, enhancing operational efficiency [5][9] Historical Context - The Froome West mineralization is similar to the Black Fox deposit, which has historically produced approximately 1.1 million gold ounces [4][16] - The nearby Black Fox Mine has a history of mining extending down to 800 meters below surface, indicating the potential for significant mineralization at Froome West [16] Future Outlook - The discovery at Froome West is expected to provide more options in the mine plan for the Fox Complex, with the Stock Mine anticipated to enter commercial production in 2026 [15][16] - The current mineralization model extends to a depth of 250 meters and remains open, suggesting potential for further discoveries [16]
Maronan Metals (MMA) Conference Transcript
2025-07-23 06:00
Summary of Moronan Metals Conference Call Company Overview - Moronan Metals is focused on lead-silver and copper-gold resources located in Queensland, Australia, specifically in the Northwest Minerals Province, which is known for its rich mineral deposits [1][4]. Key Resources - The company has two significant resources on its exploration tenement: - Lead-silver resource: 33 million tonnes at 6% lead and 108 grams per tonne silver - Copper-gold resource: 32 million tonnes at 0.85% copper and 0.63 grams per tonne gold [1][2]. Market Position - Moronan Metals has a market capitalization of approximately $47 million with over 200 million shares outstanding. The largest shareholder is Red Metal, holding around 44% of shares [3]. Geological Significance - The Northwest Minerals Province is highlighted as a major area for lead, zinc, and silver deposits, with 80% of Australia's economically constrained deposits located there [4]. - The lead-silver resource has a strike length of about 1 kilometer and extends to at least 1,200 meters in depth, with mineralized widths ranging from 4 to 20 meters [6]. Exploration and Development Plans - A scoping study is underway, expected to be released later this quarter, focusing on a "starter zone" containing over 12 million tonnes of lead-silver resource [7][10]. - The company has conducted an additional 10,000 meters of drilling, increasing the indicated resource to 5.3 million tonnes [7]. - An application for a mineral development license has been lodged to allow for underground exploration and bulk sampling [8][12]. Infrastructure and Logistics - The project is strategically located near existing infrastructure, including a sealed highway and rail siding, facilitating potential processing and transportation [5]. - There is significant existing processing capacity in the North Queensland district, with unused capacities at local mills [5]. Environmental and Regulatory Considerations - The company is advancing its environmental approval studies, including assessments of flora, fauna, and water resources [10]. - The exploration decline project is expected to take around 12 months to complete, allowing for year-round drilling [9]. Future Outlook - The scoping study will evaluate various mining scenarios, including long hole stoping and transverse stoping, and will provide guidance for progression to a Pre-Feasibility Study (PFS) and mining license application [11]. - The management team expresses confidence in the project's potential, citing the quality of the deposit and the experience of the team [12][13].
Waratah Minerals (WTM) Conference Transcript
2025-07-23 03:30
Summary of Waratah Minerals Conference Call Company Overview - Waratah Minerals is a gold and copper exploration company focused on the Spur project, which is believed to be evolving into a world-class discovery [2][3] Key Highlights - The Spur project was acquired 18 months ago and has shown consistent success in exploration [2] - The company has a strong technical team with experience in significant global discoveries [3] - There is a strategic influx of investment from major companies into the region, indicating a robust exploration environment [3] Exploration Strategy - The exploration strategy is based on the understanding that mineralization occurs near major intrusive complexes [4] - The company has increased its drilling capacity to three rigs, focusing on multiple exploration fronts [4][7] - Recent drilling has revealed significant gold intercepts, including 57 meters at 2.5 grams per ton [6] Financial Position - The company is well-funded, with recent capital raises attracting North American institutional investors [5] - The share price has begun to reflect the positive developments in the exploration results [6] Geological Insights - The geological model indicates that mineralization is likely located on the edges of magnetic highs, which has been validated through recent drilling [14][15] - The company has drilled approximately 25,000 meters, with a shift towards more core-based drilling techniques [13] Comparisons and Analogues - The Spur project shows similarities to the Cowal and Cadia Valley systems, which are known for their significant gold endowments [9][17] - Cowal is currently producing approximately $70 million in free cash flow per quarter, highlighting the potential profitability of similar discoveries [17] Future Plans - The company is ramping up its geometallurgical work and resource definition drilling [18] - There is a focus on high-grade zones within the Spur Gold Corridor, with ongoing exploration to define the extent of mineralization [19][20] Conclusion - Waratah Minerals is positioned in a promising exploration area with a strong technical team and financial backing, aiming to capitalize on the emerging discoveries at the Spur project [2][3][5]
Red Metal (RDM) Earnings Call Presentation
2025-07-23 01:50
Company Overview - Red Metal Limited (ASX:RDM) has 359,658,006 shares on issue[3] - The share price as of July 23, 2025, is 12 cents, resulting in a market capitalization of $43 million[3] - The company's cash reserves as of June 2025 are $4.9 million[3] Sybella Discovery (Rare Earth Elements) - The Sybella Discovery is a new granite-hosted REO deposit located 20km southwest of Mt Isa[11] - It is a large intrusion measuring 12.4km long and 3km wide[11] - The deposit has a resource of 4.795 billion tonnes at 302 ppm NdPr and 28 ppm DyTb (using a 200 ppm NdPr cut-off grade)[11] - This includes 788 million tonnes of weathered granite at 297 ppm NdPr and 28 ppm DyTb (using a 200 ppm NdPr cut-off grade)[11] - Bottle roll leach tests on the Kary Zone show strong MREO extraction at pH 1.7-2.5, with 70-80% NdPr and 40-60% DyTb extraction[20] Exploration Projects - Pardoo: Targeting Hemi-style gold deposits, with IP surveying completed and drilling planned for Q3 2025 followed by assay results in Q4 2025[10] - Pulkarrimarra: Exploring for Winu/Havieron-type gold-copper deposits, with drilling planned for Q3 2025 and assay results in Q4 2025[10] - Gulf: Targeting giant IOCG breccia, with drilling planned for Q3 2025 and assay results in Q4 2025[10] Maronan Project - Red Metal has a 44% equity in Maronan Metals (ASX:MMA), an advanced silver-lead, copper-gold project[10, 66] - A resource review is scheduled for Q2 2025, with advanced mining study results expected in Q3 2025, aiming to be "Mine Ready" in Q4 2025[10]
Lancaster Resources Clarifies News Release
Globenewswire· 2025-07-22 21:23
Core Viewpoint - Lancaster Resources Inc. is clarifying its acquisition of the Lac Iris Polymetallic Project and providing updates on its exploration activities across various properties, focusing on gold, lithium, and uranium projects in Canada and Australia [1][3][16]. Group 1: Lac Iris Polymetallic Project - The Lac Iris project spans approximately 1,443 hectares and is located along the geological trend of the NISK polymetallic high-grade nickel-copper sulphide deposit, indicating its potential for polymetallic exploration [2]. - The acquisition of the Lac Iris project was completed through online staking using Quebec's Mining Title Management system, with titles pending provincial mining title review [3]. - Lancaster is collaborating with KorrAI to utilize hyperspectral imaging and conduct geological and geochemical programs to identify polymetallic and lithium-rich areas, aiming to construct detailed geological maps and evaluate high-value metals content [4]. Group 2: Lake Cargelligo Gold Project - The Lake Cargelligo Gold project covers over 28,768 hectares and has multiple historical high-grade gold and silver occurrences, with rock chip sampling results showing up to 204 g/t Au and 273 g/t Ag [5]. - Lancaster has initiated discussions with local stakeholders to expedite approvals, aiming to start exploration programs in Q3 2025 [6][7]. - The exploration program will focus on confirming previously reported gold and silver concentrations, with plans for detailed geological mapping and a targeted geophysical program to support follow-up drilling [7]. Group 3: Other Projects - Lancaster holds a 100% interest in the Trans-Taiga property in the James Bay lithium district and is exploring joint field programs with the Lac Iris project to optimize capital and confirm opportunities [8]. - The company also owns the Catley Lake and Centennial East uranium projects in Saskatchewan, adjacent to the Cameco Centennial deposit, which has notable uranium concentrations [9][10]. - The Piney Lake Gold Project in Saskatchewan has historical geochemical samples indicating significant gold showings, with concentrations of 7.55 g/T Au and 41.35 g/T Au reported [12]. Group 4: Management Commentary - The CEO of Lancaster expressed excitement about the Lake Cargelligo acquisition, emphasizing the acceleration of exploration programs and the potential for significant exploration results [13].