Midnight Sun Kicks Off Expansion Drilling At Kazhiba-Main Oxide Target164 RC holes planned to test extensions of area drilled in 2024, with Maiden Resource Estimate to followJuly 22, 2025 6:30 AM EDT | Source: Midnight Sun Mining Corp.Vancouver, British Columbia--(Newsfile Corp. - July 22, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") is pleased to announce the commencement of the expansion drilling program at the Kazhiba-Main oxide copper ta ...

Core Viewpoint - Osisko Metals has announced significant new drilling results from the Gaspé Copper Project, highlighting the potential for resource expansion with the longest continuous intercept to date of 853 meters averaging 0.20% Cu, 1.43 g/t Ag, and 0.02% Mo (0.30% CuEq) [1][2]. Summary by Relevant Sections New Drill Results - Drill hole 30-1082 reported 853.5 meters of continuous mineralization, including a lower intercept of 424.0 meters averaging 0.21% Cu, 1.33 g/t Ag, and 0.026% Mo, extending mineralization to a vertical depth of 1140 meters [11][12]. - Drill hole 30-1089 intersected 645.0 meters averaging 0.28% Cu, 1.46 g/t Ag, and 0.023% Mo, with a lower intercept of 396.7 meters averaging 0.30% Cu, 1.34 g/t Ag, and 0.023% Mo, extending to a depth of 965 meters [15][16]. - Drill hole 30-1083 showed 427.5 meters averaging 0.26% Cu, 1.54 g/t Ag, with a lower intercept of 328.0 meters averaging 0.24% Cu, 1.43 g/t Ag, extending to a depth of 900 meters [12][13]. Mineral Resource Potential - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions [21][22]. - The Gaspé Copper Project hosts Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [30][31]. Geological Context - Mineralization at the Gaspé Copper Project occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite, with at least five recognized mineralizing events [19]. - The drilling is focused on defining open-pit resources within the Copper Mountain stockwork mineralization, with significant resource increases noted in the Inferred category [20][31].

Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, highlighting the large-scale potential of mineralization at the site [1][2] - Significant new analytical results include 35 mineralized intercepts from ten drill holes, with infill intercepts aimed at upgrading inferred mineral resources and expansion intercepts potentially leading to additional resources [2][3] Drill Results Summary - Drill hole 30-1082 intersected 853.5 metres of continuous mineralization averaging 0.20% Cu, with a significant lower intercept of 424.0 metres averaging 0.21% Cu, extending mineralization to a depth of 1140 metres [6][10] - Drill hole 30-1089 reported 645.0 metres averaging 0.28% Cu, including an expansion lower intercept of 396.7 metres averaging 0.30% Cu, extending mineralization to a depth of 965 metres [14][15] - Drill hole 30-1083 showed 427.5 metres averaging 0.26% Cu, with a deeper intercept of 328.0 metres averaging 0.24% Cu, extending mineralization to a depth of 900 metres [11][12] - Drill hole 30-1087 reported 334.5 metres averaging 0.23% Cu and a deeper intercept of 74.5 metres averaging 0.62% Cu, extending mineralization to a depth of 598 metres [12] - Drill hole 30-1088, located outside the 2024 MRE model, intersected 122.7 metres averaging 0.24% Cu, indicating previously undocumented mineralization [13] Mineral Resource Context - The Gaspé Copper Project hosts the largest undeveloped copper resource in eastern North America, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [28] - The current drill program aims to convert the November 2024 Mineral Resource Estimate to Measured and Indicated categories and test for expansion deeper into the stratigraphy [21][28]

Core Viewpoint - Kootenay Silver Inc. is set to commence a staged drilling program aimed at expanding its silver resource at the Columba project, following a successful maiden resource announcement of 54 million ounces of silver at a grade of 284 gpt [1][3]. Group 1: Drilling Program - Drill crews are scheduled to arrive by the end of July 2025, with the first drill starting in early August and a second drill following ten days later [1]. - The initial phase of the drilling program will involve 25,000 to 30,000 meters focused on expanding existing resource bodies in the D, F, and B/Lupe veins, which remain open for further exploration [2]. Group 2: Resource Estimates - The maiden resource estimate for the Columba project includes 5.92 million tonnes grading 284 gpt silver, 0.19% lead, and 0.50% zinc, translating to 54.1 million ounces of silver, 25.2 thousand tonnes of lead, and 65.6 thousand tonnes of zinc [4][6]. - The resource estimate is based on 17 epithermal veins and is exclusive of mined-out material [6][11]. Group 3: Financial Position - The company is fully funded for the drilling program, having recently closed a $20 million bought deal financing [2]. Group 4: Future Objectives - The company aims to increase its silver resource to over 100 million ounces, leveraging the open-ended nature of the vein zones for further exploration [3].

Company Overview - Fancamp Exploration Ltd. has regained control of Magpie Mines, which holds the Magpie deposit, one of the world's largest undeveloped hard rock iron-titanium deposits located in Havre St-Pierre, Québec [3][4] - The company holds approximately 96% of the issued and outstanding shares of Magpie Mines and a 2% net smelter return royalty on the Magpie Titanium property [4] Management Changes - At the Annual General Meeting of Magpie Mines, shareholders voted to elect three directors: Rajesh Sharma, Mark Billings, and Charles Tarnocai [1] - Mark Billings has been appointed as Chairman, Rajesh Sharma as President and CEO, Arnab Kumar De as CFO, and Debra Chapman as Corporate Secretary [2] Resource Potential - The Magpie Fe-Ti-V deposit is recognized as one of the largest undeveloped titanium resources globally, with significant vanadium deposits [5] - The Magpie 2 deposit has an Historical Mineral Resource Estimate of 635.2 million tonnes grading 42.49% Fe, 11.20% TiO₂, and 0.3% V₂O₅ in the indicated category, with an additional inferred resource of 239.2 million tonnes [6] - The project shows significant expansion potential in four previously undrilled areas with geological characteristics similar to the main deposit [7] Strategic Importance - Titanium and vanadium are critical minerals with applications in aerospace, medical technology, specialty steel, and batteries, facing global supply chain challenges [7] - The Magpie deposit is a principal source for vanadium extraction, which is essential for various industries [7] Future Plans - The company will determine the next steps to advance the Magpie asset, considering the strategic importance of titanium in light of global supply chain challenges [3]

Core Viewpoint - Nevada King Gold Corp. has filed a National Instrument 43-101 technical report detailing the gold and silver mineral resources for the Atlanta Project in Lincoln County, Nevada, which is now available on SEDAR+ and the company's website [1][3]. Group 1: Technical Report Details - The technical report titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the Atlanta Project, Lincoln County, Nevada, USA" was prepared by RESPEC and has an effective date of September 6, 2024, with a report date of July 18, 2025 [1][3]. - The Atlanta Gold Mine project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020,000 ounces of gold in the measured and indicated category, comprising 27.7 million tonnes at a grade of 1.14 g/t [3][4]. - An inferred resource of 98,500 ounces of gold is also reported, consisting of 3.6 million tonnes at a grade of 0.84 g/t [3][4]. Group 2: Mineral Resource Estimates - The measured resources at the Atlanta Mine total 3,430,100 tonnes with an average grade of 1.55 g/t, equating to 170,800 ounces of gold and 1,870,200 ounces of silver [4]. - The indicated resources amount to 24,280,200 tonnes at an average grade of 1.09 g/t, totaling 848,800 ounces of gold and 6,817,200 ounces of silver [4]. - The combined measured and indicated resources (M&I) are 27,710,300 tonnes at an average grade of 1.14 g/t, resulting in 1,019,600 ounces of gold and 8,687,400 ounces of silver [4]. - The inferred resources consist of 3,638,400 tonnes at an average grade of 0.84 g/t, yielding 98,500 ounces of gold and 299,500 ounces of silver [4].

Core Viewpoint - Blackrock Silver Corp. has initiated a fully-funded expansion drill program at its Tonopah West project, targeting a 1.2 km eastern extension of the high-grade Merten vein, which presents an opportunity to significantly increase the mineral resource inventory [2][4][5]. Group 1: Expansion Program Details - The expansion drill program will consist of 15 drill holes, utilizing one Reverse Circulation (RC) drill and two core drill rigs, totaling 5,000 meters of drilling [3][5]. - Drilling is expected to be completed by October 2025, with assay results anticipated by the end of the year [3][4]. - The program aims to explore the eastern extension zone between the DPB resource area and the eastern boundary of the project [3][5]. Group 2: Assay Results and Mineralization - Scout drilling has confirmed the eastern extension of the Merten vein, yielding high assay grades, including 2,063 grams per tonne (g/t) silver equivalent (AgEq) and 952 g/t AgEq over significant intervals [4][6][7]. - The newly defined mineralized zone is not included in the 2024 resource estimate and could substantially impact future resource estimates [8][5]. - The Merten vein's geometry suggests it may be an extension of the historic Ohio vein, which was previously mined [6][7]. Group 3: Future Resource Updates - Results from the current drilling program are expected to support a resource update in Q1 2026, while a separate resource update incorporating recent results is scheduled for Q3 2025 [4][5]. - The company is focused on enhancing shareholder value through the development of its mineral resources in Nevada [16].

Core Viewpoint - Patriot Battery Metals Inc. announced a maiden Mineral Resource Estimate for caesium at the Rigel and Vega zones of its Shaakichiuwaanaan Property, highlighting the significance of this discovery and its implications for the company's future projects [1]. Group 1 - The live investor webinar will be hosted by Ken Brinsden, the Company's President, CEO, and Managing Director, to discuss the caesium discovery and provide updates on the lithium-only Definitive Feasibility Study for CV5 Shaakichiuwaanaan [1]. - Investors and shareholders can submit questions during the webinar or in advance via email to the Investor Relations Manager [2]. - The webinar is scheduled for July 22, 2025, at 8:00 AM Australian Western Standard Time, lasting approximately 45 minutes, with registration available online [3].

Core Insights - The company has confirmed the world's largest pollucite-hosted caesium pegmatite deposit at the Shaakichiuwaanaan Project, with a maiden Mineral Resource Estimate (MRE) for the Rigel and Vega zones [4][8][11] - The total contained caesium content is 30.5 kt Cs2O Indicated and 40.8 kt Cs2O Inferred, highlighting the scale and global significance of the discovery [4][8][11] - The caesium resources are included within the CV13 Pegmatite open-pit resource, which forms part of the company's consolidated MRE for the project [4][8][11] Mineral Resource Estimate - Rigel Caesium Zone: Indicated 163,000 t at 10.25% Cs2O, 1.78% Li2O, and 646 ppm Ta2O5 [11] - Vega Caesium Zone: Indicated 530,000 t at 2.61% Cs2O, 2.23% Li2O, and 172 ppm Ta2O5; Inferred 1,698,000 t at 2.40% Cs2O, 1.81% Li2O, and 245 ppm Ta2O5 [11] - The consolidated MRE includes Indicated 108.0 Mt at 1.40% Li2O, 0.11% Cs2O, and Inferred 33.4 Mt at 1.33% Li2O, 0.21% Cs2O [20] Market Potential - Caesium is a high-value, rare, and critical mineral currently supply constrained, with limited sources supplying the global market [4][17] - The discovery has the potential to be a primary source of supply for global markets, including applications in next-generation terrestrial solar panel technologies [4][17] - The market for caesium compounds is largely opaque, trading through bi-lateral contracts, with caesium carbonate currently trading at approximately US$120/kg and refined caesium metal around US$2,540/oz [16][17] Next Steps - The company is evaluating options to advance and incorporate the caesium opportunity at CV13 as a potential additional saleable product following the completion of the lithium-only Feasibility Study on the CV5 Pegmatite [19][21] - A scoping metallurgical program has commenced to test pollucite recovery using conventional X-ray ore sorting methods [21] - The company remains on track to deliver a maiden Ore Reserve and Feasibility Study for lithium at the CV5 Spodumene Pegmatite in CYQ3-2025 [4][22]

Core Insights - Sandfire Resources America Inc. has completed its 2024-2025 drilling program, focusing on the Johnny Lee Lower Copper Zone, which has shown promising results in resource definition and mineralization extension [1][2]. Drilling Program Results - The Johnny Lee Lower Copper Zone currently has a measured and indicated resource of 1.2 million tonnes grading 6.8% Cu and an inferred resource of 0.5 million tonnes grading 5.9% Cu [1]. - Approximately 28,000 meters have been drilled since December 2023, with results expected to contribute to an updated mineral resource estimate by late 2025 [1][2]. - Significant drill results include: - 8.11 meters of 4.66% Cu in hole SC24-311 - 14.99 meters of 7.99% Cu in hole SC24-312 - 10.58 meters of 4.69% Cu in hole SC25-316 - 11.73 meters of 8.80% Cu in hole SC25-325 - 4.91 meters of 9.74% Cu in hole SC25-328 [5]. Project Advancements - A technical report update for the Johnny Lee deposit is underway at the Pre-Feasibility Study level, with several key factors needing re-evaluation since the last report in October 2020 [2][6]. - The global transition to clean energy and increasing demand for copper are highlighted as significant market drivers, alongside challenges such as declining reserve grades and geopolitical risks [2]. Board Changes - Mr. Stef Weber has been appointed to the Board of Directors, bringing over 25 years of experience in the mining industry, particularly in finance and project development [3][4]. - The company expressed gratitude to Ms. Gemma Tually for her contributions to the Board [3]. Financial Updates - The company has entered into a fifth variation agreement to its bridge loan, increasing the borrowing capacity from up to US$50 million to US$59.5 million, with an extended maturity date to June 30, 2026 [7][8].