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Awalé Extends BBM Gold Mineralization at Depth, Including 3.3 g/t AuEq. over 21m, Indicating Emerging Underground Potential
Newsfile· 2025-10-27 11:00
Awalé Extends BBM Gold Mineralization at Depth, Including 3.3 g/t AuEq. over 21m, Indicating Emerging Underground PotentialOctober 27, 2025 7:00 AM EDT | Source: Awale Resources Ltd.HIGHLIGHTSTwo step-back holes extend down-plunge mineralization by 400m to a known depth of 570m.54m @ 1.9 g/t AuEq. from 494m downhole in hole OEDD-152, including 21m at 3.3 g/t AuEq.38m @ 1.4 g/t AuEq. from 635m downhole in hole OEDD-153, including 12m @ 2.0 g/t AuEq.Shallow drilling also confirms continuity of m ...
Q2 Metals Appoints Keith Phillips to Board of Directors
Globenewswire· 2025-10-27 08:44
Core Insights - Q2 Metals Corp. has appointed Mr. Keith Phillips to its Board of Directors, enhancing the board's expertise in the lithium sector and investment banking [1][6] - Mr. Phillips previously served as CEO of Piedmont Lithium, leading it to a peak market capitalization of over $1.0 billion and establishing it as a global lithium producer [3][4] - The Cisco Lithium Project, a key focus for Q2 Metals, is positioned as one of the most promising undeveloped hard-rock lithium projects globally, with an initial exploration target estimating 215 to 329 million tonnes of lithium mineralization [9][10] Company Overview - Q2 Metals Corp. is a Canadian mineral exploration company focused on the Cisco Lithium Project located in Quebec, Canada [8] - The Cisco Project has district-scale potential, with ongoing exploration programs aimed at an initial mineral resource estimate expected in Q1 2026 [10] Leadership Background - Mr. Phillips has a 30-year career in investment banking, managing transactions worth over $100 billion and leading mining investment banking teams at major firms [4] - He holds an MBA in Finance from The University of Chicago and a Bachelor of Commerce from Laurentian University [5] Strategic Goals - The appointment of Mr. Phillips aligns with Q2 Metals' strategic goals, particularly in advancing the Cisco Lithium Project and enhancing its role in the North American and global lithium supply chain [6][9] Equity Incentive Awards - Q2 Metals has granted 1,300,000 stock options to directors, officers, and consultants at an exercise price of $0.95 per share for five years, subject to a hold period [7] Upcoming Events - Q2 Metals will participate in several upcoming industry events, including XPLOR in Montreal and the 121 Mining Event in London [8]
Junior Miner KINGSMEN RESOURCES (TSXV: KNG.V) Granted Option to Acquire 100% of the Gold/Silver Almoloya Project in the Parral Mining District, Chihuahua, Mexico
Investorideas.com· 2025-10-24 14:14
Core Viewpoint - Kingsmen Resources Ltd. has successfully completed the acquisition of an option to acquire a 100% interest in the Almoloya Gold/Silver project, enhancing its presence in the Parral Mining District of Chihuahua, Mexico [3][4]. Group 1: Acquisition Details - The Almoloya project is located 30 km west of Kingsmen's Las Coloradas project and involves staged cash payments totaling US$ 325,000 over eight years, with US$ 75,000 due in the first year [3][4]. - The acquisition is subject to approval from the TSX Venture Exchange [3]. Group 2: Project Characteristics - The Almoloya project consolidates five mineral claims into a contiguous land package covering 866.25 hectares (2,140.55 acres) and includes historically producing mines, Cigarrero and Las Juliettas [4][6]. - The project is situated within a large 12 km by 14 km regional hydrothermal system, which is prospective for high-grade silver, lead, zinc, and gold mineralization [5]. Group 3: Historical Context and Future Plans - The land consolidation process for the Almoloya project has taken over 20 years, bringing together previously fragmented claims that were explored by major operators [6]. - Kingsmen is compiling significant historical data and conducting regional sampling to advance the Almoloya project to drill-ready status [5][6].
Kingsmen Granted Option to Acquire 100% of the Gold/Silver Almoloya Project in the Parral Mining District, Chihuahua, Mexico
Newsfile· 2025-10-24 12:30
Core Viewpoint - Kingsmen Resources Ltd has successfully completed the acquisition of an option to acquire a 100% interest in the Almoloya Gold/Silver project, enhancing its presence in the Parral Mining District of Chihuahua, Mexico [1][3]. Group 1: Acquisition Details - The Almoloya project is located 30 km west of Kingsmen's 100%-owned Las Coloradas project and involves staged cash payments totaling US$ 325,000 over eight years, with US$ 75,000 due in the first year [1]. - The acquisition is subject to approval from the TSX Venture Exchange [1]. Group 2: Project Characteristics - The Almoloya project consolidates five mineral claims into a contiguous land package covering 866.25 hectares (2,140.55 acres) and includes historic mines such as Cigarrero and Las Juliettas [2]. - The project is situated within a large regional hydrothermal system measuring 12 km by 14 km, and it is the first time the entire area has been consolidated by a single company [3]. Group 3: Strategic Importance - The acquisition aligns with Kingsmen's strategy to revitalize historically producing assets through claim consolidation, allowing the company to focus on exploration costs rather than tenure payments in the initial years [3]. - Kingsmen is compiling significant historical data and conducting regional sampling to advance the Almoloya project to drill-ready status [4]. Group 4: Historical Context - The Almoloya project represents over 20 years of land consolidation, bringing together previously fragmented claims that were explored by major operators until the early 2000s [4]. - Since then, the project has not undergone systematic exploration, indicating significant untapped potential in a historically productive district [4]. Group 5: Company Overview - Kingsmen Resources is focused on advancing its 100% held projects, including the Las Coloradas and Almoloya projects, both located in the prolific mining district of Parral, Mexico [9]. - The projects are considered prospective for hosting further precious metal deposits, being situated on the same structural and stratigraphic belts as other high-grade deposits [9].
Solis Minerals secures option to acquire 100% of Cucho copper project - ICYMI
Proactiveinvestors NA· 2025-10-24 03:44
Core Viewpoint - Solis Minerals Ltd has secured the right to acquire up to 100% of the Cucho Copper Project in Peru, starting with a 75% interest and a pathway to full ownership [1][4]. Project Details - The Cucho Copper Project is located 40 km from the coast and near major export infrastructure, which facilitates access and development [2][7]. - The project area has low agricultural use and minimal nearby communities, making it potentially straightforward for development [2][7]. Geological Indicators - Surface geochemical indicators are widespread across the site, with historical drilling from 2014 showing significant copper mineralization across seven holes and over 2,000 meters drilled [3][8]. - The results from historical drilling are consistent with operating projects in the region, and there are attractive untested geophysical and geochemical anomalies present [3][8]. Exploration Plans - The company plans a 90-day exploration phase that includes permitting, surface sampling, and a drone magnetic survey, with drilling expected before the end of 2025 [4][11]. - Other assets, including Chancho, El Pollo, and Canyon, remain active, with additional assays pending and Canyon expected to be drill-ready by mid-2026 [4]. Strategic Focus - The acquisition of Cucho is seen as a strong addition to the company's portfolio, with the aim of maximizing discovery potential across multiple projects [8][11]. - The company intends to maintain a broad exploration portfolio to enhance the chances of significant copper-gold discoveries [11].
Cruz Battery Metals Announces Private Placement to Fund Work Programs on its Nevada & Ontario Projects
Newsfile· 2025-10-23 18:23
Cruz Battery Metals Announces Private Placement to Fund Work Programs on its Nevada & Ontario ProjectsOctober 23, 2025 2:23 PM EDT | Source: Cruz Battery Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Cruz Battery Metals Corp. (CSE: CRUZ) (OTCID: BKTPF) (WKN: A40YSN) ("Cruz" or the "Company") wishes to announce a private placement to fund work programs on the Company's Nevada lithium projects and the gold/copper project in Ontario. Cruz's Solar Lithium Project i ...
Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) Makes TSX Gainers List
Investorideas.com· 2025-10-23 15:41
Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) Makes TSX Gainers List Investorideas.com (www.investorideas.com Newswire) a top 100 rated investment site for retail investors following mining stocks issues a trading and news alert for  Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF). The stock makes the TSX gainers list in today’s session, currently trading at $7.50.+0.67, gaining 9.81%.  The most recent news provided an update on its 2025 exploration activities at its Golden Queen mi ...
Galloper Initiates Historic Gold Prospect Evaluation on Glover Island
Newsfile· 2025-10-23 12:00
Core Insights - Galloper Gold Corp. has initiated exploration evaluation of historic gold-mineralized prospects along a 15 km gold trend related to the Lunch Pond South Extension resource [1][3] - The company aims to enhance the potential of gold resources on Glover Island, which is expected to add shareholder value [3] Exploration and Development - The exploration program targets historic mineralized prospects located in the same geological belt as the historic 178,800 oz Au LPSE deposit [3] - New geological insights indicate the presence of favorable deformation zones that could enhance targeting capacity within the Glover Island land package [3][5] Marketing Agreement - Galloper has entered into a six-month marketing agreement with SarLor Corp., which includes a remuneration of $3,000 and 300,000 incentive stock options exercisable at $0.08 per share [3][4] - The options will vest quarterly over one year [3] Property Details - The Glover Island Property consists of 477 claims across 15 mineral licenses, covering a total area of 12,200 hectares [5]
Lancaster Resources Engages Resource Potentials to Reprocess Geophysics and Advance Exploration at Lake Cargelligo Gold Project
Globenewswire· 2025-10-23 11:00
VANCOUVER, British Columbia, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQ:LANRF | FRA:6UF0) (the “Company” or “Lancaster”) is pleased to announce that it has engaged Resource Potentials Pty Ltd, a leading Australian geophysical consulting firm, to reprocess existing geophysical data and support the design of future geophysical programs at its 100%-owned Lake Cargelligo Gold Project in New South Wales, Australia. The engagement includes reprocessing and interpretation of histori ...
Magna Mining Reports Multiple Copper, Nickel and Precious Metal Rich Intersections from the R2 Target at the Levack Mine in Sudbury, Ontario
Newsfile· 2025-10-23 10:45
Core Viewpoint - Magna Mining Inc. has reported significant assay results from the R2 target at the Levack Mine, indicating high-grade intersections of copper, nickel, and precious metals, which may enhance the company's exploration potential in the Sudbury Basin [1][2]. Exploration Results - Drillhole FNX6083-W2 intersected multiple mineralized intervals, including: - 19.3% copper and 26.1 g/t platinum + palladium + gold over 0.5 metres - 4.9% copper, 12.4% nickel, and 24.2 g/t platinum + palladium + gold over 0.4 metres - 14.1% copper and 10.4 g/t platinum + palladium + gold over 0.6 metres - 7.0% copper and 16.4 g/t platinum + palladium + gold over 1.1 metres [2][3]. Geological Insights - The assay results suggest that the mineralization is complex and may indicate the presence of more chalcopyrite-dominated veins at lower elevations, similar to the Morrison Footwall Cu-PGE Deposit located approximately 600 metres to the southwest [2][4]. - The ongoing exploration program aims to refine the geological model and define the extent of mineralization in the R2 target area [4][5]. Current Drilling Activities - Two surface diamond drills are currently operating at the Levack Mine, focusing on the R2 target area, with additional drillholes FNX6083-W3 and FNX2026-W1 completed and assays pending [2][4]. - An underground diamond drill is also testing footwall targets east of the Fecunis Fault, targeting a historical intersection that graded 33.4% copper [5][4]. Future Exploration Plans - The company plans to continue its near-term exploration program at the Levack Mine, focusing on the prospective footwall environment and testing the lateral and downdip extent of the R2 target [4][5]. - The exploration strategy includes refining interpretations based on ongoing drilling results to better understand the controls on sulphide veining in the R2 target area [2][4].