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Sego Resources Discovers Copper Porphyry Within the South Gold Zone
TMX Newsfile· 2025-12-19 15:34
Core Insights - Sego Resources Inc. has announced a new copper porphyry discovery at the Miner Mountain Project, specifically within the South Gold Zone target [1][4]. Group 1: Discovery Details - Four drill holes (DDH25-66, DDH25-67, DDH25-68, DDH25-69) were drilled in the South Gold Zone, with three holes (DDH25-66, DDH25-68, DDH25-69) showing intervals of copper porphyry mineralization [2]. - Drill hole DDH25-69 exhibited the most extensive mineralized copper porphyry environment among the drilled holes [2]. - The new copper porphyry is found in potassic altered microdiorite and monzodiorite, with mineralization primarily consisting of chalcopyrite associated with potassium feldspar alteration [3]. Group 2: Future Plans - The company plans to conduct extensive follow-up drilling in the next program due to the significance of this discovery [5]. - Samples from the drilling are being prepared for shipment to a lab in Calgary for further analysis [5].
North Peak Confirms Historic Waste Rock Pile Mineralisation with Sonic Drilling and Completion of 2025 Reverse Circulation Exploration Drilling Program at Prospect Mountain, Nevada
TMX Newsfile· 2025-12-19 12:30
Core Viewpoint - North Peak Resources Ltd. has announced positive assay results from an aircore drill program on the waste rock pile at its Prospect Mountain Mine complex, indicating mineralization and potential for further exploration and metallurgical testing [1][4]. Summary by Sections Drill Program and Results - The company conducted an 11-hole aircore drill program to characterize the grade distribution of the waste rock pile, which contains approximately 240,000 short tons of material [2]. - The best assay result reported was 2.34 g/t Au and 68 g/t Ag from hole PM25-001S at a depth of 0-5ft, with weighted average values for each hole ranging from 1.28 g/t Au and 34 g/t Ag over 10ft in PM25-007S to 0.24 g/t Au and 18.8 g/t Ag over 20ft in PM25-002S [3][5]. Future Plans and Objectives - The company plans to continue metallurgical test work on the bulk sample from the recent drilling, including bottle rolls and column leach tests to evaluate the material's suitability for toll leaching with third-party operators [4]. - The main objective remains to identify economic quantities of gold mineralization within the Prospect Mountain Property, with a completed 2025 exploration drilling program consisting of 14 holes totaling 4,194m [4]. Property and Geological Context - The Prospect Mountain Mine complex is located in the Southern Eureka Gold Belt, where three styles of mineralization have been identified: Carlin style, Carbonate Replacement, and Porphyry Related Skarn [11]. - A Plan of Operations allows for surface exploration and underground mining of up to 365,000 tons per annum, with a detailed geological description available in the NI 43-101 Technical Report [12].
Vanguard Mining Engages Hardline Exploration for NI 43-101 Technical Report Update at Brussels Creek Gold-Copper-Palladium Project, Kamloops, BC
Thenewswire· 2025-12-19 08:05
Core Viewpoint - Vanguard Mining Corp. has engaged Hardline Exploration Ltd. to prepare an NI 43-101 Technical Report for its Brussels Creek Gold-Copper-Palladium Project, marking a significant step in advancing the project towards further exploration [1][2]. Project Development - The Brussels Creek Project is located in the Kamloops Mining District of British Columbia and is 100% owned by Vanguard Mining [1]. - A comprehensive surface sampling program was recently completed, with assay results pending, and the NI 43-101 Technical Report is expected to be finalized by the end of January 2026 [2][3]. - The 2025 sampling program followed up on a previous drill intercept of 5.08 g/tonne gold over 3.5 meters, reported in 2023, and included 21 rock samples and 127 soil samples [4]. Sampling and Analysis - All samples were sent to SGS Canada Inc. for analysis, utilizing industry-standard methods for gold and platinum group metals [5][8]. - The analytical results will be compiled and reviewed by the company's Qualified Person, with a focus on prioritizing targets for a potential 2026 drilling program [6]. Strategic Importance - The Brussels Creek Project is strategically located adjacent to New Gold Inc.'s New Afton Mine, enhancing its exploration potential within the prolific Quesnel Terrane [14]. - The region's strategic importance has been underscored by Coeur Mining Inc.'s recent acquisition of New Gold Inc. for US$7 billion, creating a combined mining company valued at US$20 billion [13]. Community Engagement - Vanguard Mining is committed to collaborating with the Stk'emlúpsemc te Secwépemc Nation, focusing on local employment, environmental stewardship, and transparent engagement throughout exploration activities [16]. Historical Context - Historical sampling from 1983-1984 identified a 200 m × 400 m anomalous zone with gold values up to 3.5 g/t, and recent grab samples have confirmed high-grade surface mineralization [19].
Alkane Doubles the Tested Depth Extent of the Storheden Deposit at Björkdal
Globenewswire· 2025-12-19 00:33
Core Viewpoint - Alkane Resources Limited has announced promising exploration results from the Storheden Deposit at its Björkdal Operation in Sweden, indicating significant potential for resource expansion and higher-grade ore production [1][4]. Exploration Results - The depth drilling at the Storheden Deposit has revealed gold-bearing quartz veins intercepted to a depth of 464 meters, more than doubling the previously tested depth of 200 meters [6]. - The drilling campaigns have extended the strike length of known mineralization to over 2.7 kilometers, with no indications of diminishing grade at depth [6]. - Significant assay results include 142.0 g/t gold over 0.60 meters and 34.3 g/t gold over 1.6 meters, showcasing the high-grade potential of the deposit [6][18][19]. Historical Context - The Björkdal deposit was discovered in 1983, with mining operations commencing in 1988. The mine has produced approximately 1.66 million ounces of gold since then [5][7]. - The current Measured and Indicated Mineral Resources at Björkdal are estimated at 20.35 million tonnes grading 2.14 g/t gold as of June 30, 2025 [6][7]. Future Plans - Alkane plans to recommence drilling in January 2026 to further define resources at Storheden and assess the potential for mining [27][28]. - The company will also continue exploration in the Eastern Extension area and the North extension of the Björkdal deposit, which shows no signs of diminishing gold endowment [29].
ATEX Intersects 146 Meters of 2.00% CuEq at B2B Zone with over 600 Meters of Results Still Pending
TMX Newsfile· 2025-12-18 21:13
Core Insights - ATEX Resources Inc. has announced full results for the initial Phase VI drill hole ATXD25C and partial results for drill hole ATXD26B at the Valeriano Copper-Gold Project in Chile, with drilling ahead of schedule at 12,550 meters completed out of a targeted 25,000 meters [1][2][10] Drill Results - Drill hole ATXD26B intersected 54 meters of 2.50% copper equivalent (CuEq), including 1.58% copper and 0.88 g/t gold, within broader intervals of 146 meters of 2.00% CuEq and 224 meters of 1.52% CuEq [4][8] - Drill hole ATXD25C reported an improved intercept of 164 meters of 2.77% CuEq, including 86 meters of 3.84% CuEq and 40 meters of 4.83% CuEq, highlighting significant mineralization [4][8] Mineral Resource Potential - The results from the B2B Zone drilling are enhancing the understanding of the high-grade system and confirming potential for growth beyond the 2025 Mineral Resource Estimate [2][10] - The horizontal width of the mineralized intersection in ATXD25C is approximately 170 meters, indicating thick, continuous mineralization and potential for increased material and tonnage [6][8] Exploration Program Update - The Phase VI drill program is utilizing six diamond drill rigs and is focused on high-grade targets in the B2B Zone and nearby breccia targets [10] - Assay results for over 600 meters of ATXD26B are still pending, with full results expected in January [8][10] Quality Control Measures - The drilling and sampling processes are conducted under strict quality control and assurance protocols, including the use of accredited laboratories for assay analysis [12][13]
Greenridge Exploration Announces Winter 2026 Drilling Program at the Hook-Carter Uranium Project in the Athabasca Basin, Saskatchewan in Partnership with Denison Mines
Globenewswire· 2025-12-18 13:00
Core Viewpoint - Greenridge Exploration Inc. has announced plans for a winter drilling program in 2026 at the Hook-Carter Uranium Project, marking the first drilling since 2019, with Denison Mines Corp. as the operator [1][3]. Project Overview - The Hook-Carter Project is located in the Southwestern Athabasca Basin, Saskatchewan, covering 25,115 hectares, with Greenridge holding a 20% interest and Denison holding 80% [1][7]. - The project is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, a significant area for uranium deposits [1][7]. Drilling Program Details - The 2026 drilling program will consist of up to eight diamond drill holes totaling approximately 4,600 meters, expected to be completed by the end of March 2026 [6]. - An exploration permit was received in December 2025, allowing for geophysical surveying and up to 40 drill holes, valid until December 31, 2027 [6]. Historical Context - The last drilling at Hook-Carter occurred in 2019, and since then, exploration momentum for high-grade uranium in the region has increased [3]. - Denison's exploration expenditures at Hook-Carter from 2016 to 2023 totaled approximately $7.08 million, including nearly 12,000 meters of diamond drilling [9]. Joint Venture Agreement - In October 2016, ALX Resources Corp. sold an 80% interest in the project to Denison for 7.5 million common shares, retaining a 20% interest [9]. - The joint venture was amended in May 2024, allowing ALX to increase its ownership to 25% by funding an additional $3.0 million in exploration by November 2026 [10]. Company Background - Greenridge Exploration Inc. is focused on mineral exploration, owning or having interests in 21 projects covering approximately 274,420 hectares, with significant exposure to uranium, lithium, nickel, copper, and gold [13]. - The company has one of the largest uranium property portfolios in Canada, consisting of 13 projects covering about 193,200 hectares [14].
Sorrento Resources Stakes Additional Mineral Claims Along Appleton Fault Zone, Rodgers Cove Gold Project, Newfoundland & Labrador
TMX Newsfile· 2025-12-18 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF) (the "Company" or "Sorrento"), a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to announce it has staked an additional mineral license overlapping the Appleton Fault, expanding the Rodgers Cove Gold Property, located in Newfoundland, Canada.Alex Bugden, P. Geo., CEO, President and Qualified Person of ...
Searchlight Enters into Sale Agreement of Kulyk Lake and Daly Lake Projects to Monazite Metals Corp.
TMX Newsfile· 2025-12-18 12:30
Core Viewpoint - Searchlight Resources Inc. has entered into an agreement to sell its Kulyk Lake and Daly Lake projects to Monazite Metals Corp, allowing the company to focus on its gold exploration projects [1][2]. Group 1: Agreement Details - The MMC Agreement is an arms-length transaction with Monazite Metals Corp, a private British Columbia corporation [2]. - The total compensation for the sale includes $180,000 in cash, 10 million shares of Monazite Metals, a 1% Net Smelter Royalty, and potential additional payments of $300,000 based on drilling results [12]. - The cash payment of $180,000 will be made upon closing, and the Net Smelter Royalty can be bought out by Monazite for $1,000,000 at any time [12]. Group 2: Company Focus and Strategy - Following the sale, Searchlight will concentrate its exploration efforts on its flagship Robinson Creek Gold project, which is 100% owned by the company [2]. - The company is planning a 2,000-meter drill program for the Robinson Creek Gold project [2]. Group 3: Management Changes - Jason Powell has been appointed as the Manager of Corporate Development, bringing over 15 years of experience in investor engagement and strategic growth in the mining sector [3][4]. - 51 Media Ltd. will assist in increasing awareness of Searchlight's activities in the financial community, receiving a monthly fee of $5,000 for their services [6]. Group 4: Company Overview - Searchlight Resources Inc. is a Canadian mineral exploration and development company focused on Saskatchewan, recognized as a top mining investment location by the Fraser Institute [8]. - The company's exploration focus includes gold, copper, and other critical metals, emphasizing projects with nearby infrastructure [8].
CopperCorp Intersects High-Grade Cu-Au Mineralization at Jukes Prospect
TMX Newsfile· 2025-12-18 12:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) ("CopperCorp" or the "Company") is pleased to announce first assay results from its Phase 2 drilling1,2 campaign at the Jukes Cu-Au prospect in western Tasmania, Australia.Example of core showing high-grade chalcopyrite-pyrite-chalcocite mineralization, JDD004, 93.0m (1.0m @ 6.95% Cu, 0.53g/t Au, 23.4g/t Ag (7.48% CuEq) from 92.6m).To view an enhanced version of this graphic, please vis ...
Tower Successfully Completes Expanded 3213 m Drill Program at Rabbit North, Drilling Six Holes on the New Blue Sky Gold Trend and Five on the Thunder North Zone
TMX Newsfile· 2025-12-18 12:00
Core Viewpoint - Tower Resources Ltd. has successfully completed an expanded diamond drilling program on the Blue Sky gold trend and Thunder North gold zone at its Rabbit North property, indicating significant exploration progress in the Kamloops mining district [1][10]. Drilling Program Summary - The drilling program was expanded from 3000 meters to 3213 meters due to high productivity, with drilling expected to resume in February [2]. - A total of six holes were drilled on the Blue Sky trend, totaling 1756 meters, focusing on the orientation and prospectivity of mineralization [3]. - Five holes were drilled at Thunder North, totaling 1457 meters, aimed at verifying previous mineralization indications and extending the zone eastward [4]. Geological Insights - The first three holes on the Blue Sky trend were drilled near discovery hole RN24-055, which had an intersection of 31.5 meters at 4.15 g/t Au, to assess the mineralization contact [3]. - The Thunder North drilling included verification of the faulting and continuity of gold mineralization, with previous intersections showing significant gold grades, such as 13.3 meters at 3.28 g/t Au [4]. Assay and Analysis - The company anticipates receiving most assay results prior to the planned resumption of drilling in February, with previous campaigns indicating significant gold anomalies in the drill core [8]. - The exploration at Rabbit North differs from typical Late Triassic porphyry deposits, suggesting a large-scale gold mineralizing system [8]. Company Overview - Tower Resources is focused on mineral exploration in the Americas, with key assets in British Columbia, including the Rabbit North project, which is strategically located between major copper-gold mines [10].