Core Insights - Millennial Potash Corp. has successfully completed drillhole BA-004 at the Banio Potash Project in Gabon, intersecting over 100m of potash mineralization within the Salt Sequence [1][2] - The drilling results from BA-004 and BA-001-EXT have exceeded expectations, indicating significant potential for increasing the project's potash resources [2] - An updated Mineral Resource Estimate is anticipated following the interpretation of drillhole results, which will support a forthcoming Feasibility Study [2] Drilling Program Details - Drillhole BA-004 reached a depth of 667m and intersected the evaporite-bearing Salt Sequence from approximately 260m to the bottom [1] - The drillhole is located about 3.7km east of BA-001-EXT and was designed to explore the eastward extension of previously identified potash mineralization [2] - Preliminary logging indicates similarities with other drillholes, revealing approximately 7 evaporite cycles with potash mineralization present in each cycle [2] Resource Potential - The combined strike length of known potash mineralization has been extended to approximately 8,000m, potentially adding significant tonnage to the current resources [5] - Current Indicated Mineral Resource Estimate (MRE) stands at 657 million tonnes grading 15.9% KCl, while Inferred MRE is 1.159 billion tonnes grading 16% KCl [5] - The Phase 2 drilling data may facilitate upgrading some resources from Indicated to Measured status and shifting Inferred tonnage to Indicated status [5] Future Plans - Core preparation and sampling will be conducted over the next few weeks, with samples sent to the Saskatchewan Research Council for analysis [2] - The company plans to utilize the data from the Phase 2 drill program for dissolution and geotechnical test-work, which will inform the upcoming Feasibility Study [5]

Cariboo Gold Project Highlights - Cariboo Gold Project has probable reserves of 2071 koz Au (17815 kt grading 362 g/t Au)[25, 44] - Cariboo Gold Project has measured resources of 8 koz Au (47 kt grading 506 g/t Au), indicated resources of 1604 koz Au (17332 kt grading 288 g/t Au), and inferred resources of 1864 koz Au (18774 kt grading 309 g/t Au)[25, 44] - The optimized feasibility study envisions a 10-year mine life with a base case after-tax NPV5% of $943 million and IRR of 221%[45] - The Cariboo Gold Project is expected to produce an average of 190 koz of gold per year over the life of mine, with 202 koz per year in the first 5 years[47] - The all-in sustaining cost (AISC) for the Cariboo Gold Project is estimated at US$1157/oz, and total cash cost is US$947/oz[47] - The initial capital expenditure for the Cariboo Gold Project is estimated at $881 million[47] Tintic Project Highlights - Tintic Project's Trixie deposit has measured resources of 105 koz Au (120 kt grading 2736 g/t Au) and 238 koz Ag (120 kt grading 6173 g/t Ag)[24, 139] - Tintic Project's Trixie deposit has indicated resources of 45 koz Au (125 kt grading 1117 g/t Au) and 240 koz Ag (125 kt grading 5989 g/t Ag)[24, 139] - Tintic Project's Trixie deposit has inferred resources of 51 koz Au (202 kt grading 780 g/t Au) and 315 koz Ag (202 kt grading 4855 g/t Ag)[24, 139] Capital Structure - Osisko Development Corp has a basic market capitalization of C$4178 million, with C$776 million in cash and cash equivalents[30]

Core Viewpoint - Nova Pacific Metals Corp. has reported promising initial assay results from its ongoing exploration drilling campaign at the Lara VMS Project on Vancouver Island, indicating the presence of mineralization and supporting the company's exploration model [1][3][9]. Exploration Results - The first four drill holes, totaling 582 meters, intersected mineralization, with notable intervals enriched with precious metals [1][3]. - Hole NP25-004 intersected 16.2 meters grading 3.3 g/t AuEq, while Hole NP25-001 intersected 17.64 meters grading 1.92 g/t AuEq [6][25]. - Assays are pending from an additional seven holes totaling 1,250 meters [4][7]. Project Overview - The Lara Project spans a 17-kilometer belt within the McLaughlin Ridge Formation, which is known for hosting the past-producing Myra Falls VMS Mine [1][13]. - The ongoing Phase 1 exploration program aims to verify historical drilling data to support a current mineral resource estimate targeted for Q4 2025 [12][20]. Future Plans - The company plans to conduct verification drilling and step-out drilling to test down-plunge extensions of previously intersected mineralization [11][12]. - Nova Pacific is also evaluating additional mineralized zones across the property to define resources beyond the Coronation area [14][20]. Technical and Quality Assurance - All drill core is logged, photographed, and analyzed under strict quality assurance and quality control protocols [16]. - The company has engaged Mineit Consulting Inc. to prepare an updated technical report for the Lara Project [12][20].

Core Insights - Canterra Minerals Corporation has reported promising drill results from its Buchans Project, indicating significant copper-rich mineralization outside the existing resource area, which is expected to enhance the Lundberg deposit [3][6][7] - The ongoing drill program consists of 10,000 metres, with 8,000 metres remaining for the summer and fall, suggesting potential for further discoveries [3][6] - The recent results reflect a strong copper market, with the existing resource based on a conservative copper price of US$3.00/lb, significantly lower than current market prices [3][15] Drill Results - Drillhole H-25-3538 intersected 60.7 metres grading 0.85% copper equivalent, starting from just 15.3 metres below the surface, marking one of the longest continuous mineralized intervals drilled to date [6][7] - The mineralization includes a notable 4.7 metres of 2.29% copper equivalent, indicating robust near-surface potential for open-pit development [6][7] - The results from drillhole H-25-3537 previously reported a 68-metre interval of 1.0% copper equivalent from surface, reinforcing the consistent pattern of high-grade mineralization near the surface [7] Project Overview - The Buchans Project spans 95 km² and is located in a historically significant mining district, near the past-producing Buchans Mine and the undeveloped Lundberg deposit [11][20] - The Lundberg deposit is characterized by near-surface stockwork sulphide mineralization, making it well-suited for open-pit development [11][20] - The project is positioned in a proven mining district, just 50 km north of Equinox Gold's Valentine Gold Mine and 34 km northwest of Teck's Duck Pond Mine [1][11]

Core Insights - Red Pine Exploration Inc. has announced positive results from its ongoing drilling program at the Wawa Gold Project, indicating high-grade gold mineralization and potential for open-pit production [1][3][4] Open-Pit Evaluation Drilling - The company has completed approximately 90% of a fully funded 25,000-meter drilling program initiated in November 2024, focusing on the Jubilee Shear area [4] - Drilling results show local areas of high-grade gold, with significant intersections including 45.38 grams per tonne (g/t) gold over 3.13 meters in hole SD-25-559 [8][9] - The company plans to complete drill testing of starter pits by early July and will update the 2024 Mineral Resource Estimate (MRE) while working towards a preliminary economic assessment (PEA) expected in the first half of 2026 [4][21] Drilling Results - Significant drilling results include: - Hole SD-25-540: 9.54 g/t Au over 1.03 m [9] - Hole SD-25-544: 1.86 g/t Au over 19.09 m, including 4.28 g/t Au over 4.88 m [8] - Hole SD-25-559: 45.38 g/t Au over 3.13 m, including 141.00 g/t Au over 0.88 m [8] - The reported assay results represent 3,416.11 meters of assayed core from the 2025 drilling program [10] Quality Assurance/Quality Control - The company employs rigorous QA/QC measures, including the use of external gold standards and blanks, to ensure the reliability of assay results [11][12] - Approximately 5% of pulps and coarse rejects are sent for umpire testing to verify results [12] Company Overview - Red Pine Exploration Inc. is a gold exploration company based in Toronto, Ontario, with shares traded on the TSX Venture Exchange and OTCQB Markets [17] - The Wawa Gold Project is located in the Michipicoten Greenstone Belt, an area with significant historical gold mining activity [18]

Core Viewpoint - Snow Lake Resources Ltd. has announced positive preliminary results from its Phase 2 drill program at the Engo Valley Uranium Project, indicating good intercepts of uranium mineralization and progress towards a maiden resource estimate by the end of 2025 [1][3]. Company Updates - The Phase 2 drill program has completed a total of 31 reverse circulation (RC) drill holes, totaling 2,719 meters, with 8 holes returning mineralized intersections greater than 100 ppm eU3O8 [6][8]. - The diamond drilling segment of the Phase 2 program is set to begin during the week of June 15, 2025, with plans for 19 diamond drill holes in the MUO area and 8 in the D1 area [8]. - A maiden mineral resource estimate for Engo Valley is targeted for completion before the end of 2025, contingent on timely assay results [9]. Industry Context - The global supply deficit of uranium is expanding, necessitating the development of new uranium mines to meet increasing demand [3]. - Namibia is highlighted as the world's third-largest uranium producer, making the exploration and development of projects like Engo Valley crucial for identifying new economic sources of uranium [3].

Core Insights - Kootenay Silver Inc. has completed its maiden Mineral Resource Estimate for the Columba Silver Project, indicating a significant silver exploration target with an inferred resource of 54 million ounces of silver at a grade of 284 grams per tonne (gpt) [1][2][6] Resource Estimate Details - The underground Mineral Resource Estimate (MRE) includes 5.92 million tonnes grading 284 gpt silver, 0.19% lead, and 0.50% zinc, with a total inferred resource of 54.1 million ounces of silver, 25.2 million pounds of lead, and 65.6 million pounds of zinc [5][7][10] - The MRE is based on a cut-off grade of 150 gpt silver, considering a metal price of US$26.00 per ounce and a mining cost of US$60.00 per tonne of rock [5][19] Exploration Potential - The D vein is highlighted as a target for significant expansion, with potential to extend vertically and along strike, indicating strong prospects for increasing the resource in future drilling programs [3][6] - The company plans to conduct an additional 50,000 meters of drilling, with the initial 20,000 to 30,000 meters focused on expanding the known resource [4][6] Geological Context - The Columba project is characterized as a high-grade epithermal vein system, with mineralization occurring over a vertical extent of at least 350 meters and potential depths exceeding 700 meters [14][15] - The veins are hosted within a volcanic caldera setting, with a mapped surface extent of approximately 4 kilometers by 3 kilometers [15][16] Historical Context - Prior to Kootenay Silver's involvement, there had been no exploration at Columba for nearly 40 years, with historical mining activities occurring in the early 1900s and a brief period from 1958 to 1960 [18]

VANCOUVER, British Columbia, June 16, 2025 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the "Company" or "Mirasol") is pleased to report the signing of a Memorandum of Understanding ("MOU") under which Mirasol grants Ampere Metals Pty. Ltd. ("Ampere Metals") an exclusive right to enter into a definitive agreement (the "Definitive Agreement") to acquire the mineral rights and landholdings within Mirasol's 100% owned Virginia Silver Project ("Virginia" or the "Deposit") located in the ...

Group 1 - Silvercorp Metals Inc. has filed an updated mineral resource estimate for its Condor gold project, titled "Independent Technical Report for the Condor Project, Ecuador," effective February 28, 2025 [1] - The Technical Report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and is available on the company's website and regulatory filings [2] - There are no material differences between the Technical Report and the previously released information, and the Condor Project is not currently considered a material property of the company [3] Group 2 - Silvercorp is a Canadian mining company focused on producing silver, gold, lead, and zinc, with a strategy aimed at generating shareholder value through free cash flow, organic growth, mergers and acquisitions, and a commitment to responsible mining and ESG [4]

Core Viewpoint - GT Resources Inc. is advancing its North Rock Project in Ontario, Canada, and the Läntinen Koillismaa (LK) Project in Finland, both of which focus on copper, palladium, and platinum resources, highlighting their potential to supply critical minerals to the European Union [1][3]. North Rock Project - The North Rock Project is located in Northwest Ontario and features excellent infrastructure, including a paved highway and railroad [4]. - The mineralization consists of copper-rich magmatic sulphide along a 13-kilometer basal contact of mafic and ultramafic volcanic rocks, with two main styles of mineralization: gabbro hosted and massive copper-palladium-rich footwall veins [4]. - The 2024 exploration program identified geophysical conductors adjacent to historic high-grade footwall vein intercepts, with notable results including up to 14.6 g/t Palladium, 0.5 g/t Platinum, 0.3 g/t Gold, and 2.3% Copper over 0.6 meters [5]. - Indicated resources include 1.1 million ounces of total precious metals (TMP) at 0.89 g/t, 111 million pounds of Copper at 0.13%, and 92 million pounds of Nickel at 0.11%, contained in 38.2 million tonnes [5]. - Inferred resources are estimated at 1.1 million ounces of TMP at 0.68 g/t, 173 million pounds of Copper at 0.16%, and 152 million pounds of Nickel at 0.14%, contained in 49.7 million tonnes [5]. LK Project - The LK Project in Finland is the company's most advanced project, featuring a substantial palladium-platinum-copper rich open pit resource, positioning it as a critical mineral source for the European Union [3][12]. - The project has a significant NI 43-101 compliant open pit resource and is strategically located to supply critical minerals, with Europe heavily reliant on imports [12]. - The Haukiaho Trend, a 17-kilometer long area, presents near-term expansion potential, with historic drilling indicating significant platinum and palladium grades [13]. - The mineral resource estimate includes indicated resources of 1.50 million tonnes at 0.61 g/t Palladium, 0.22 g/t Platinum, and 0.07 g/t Gold, and inferred resources of 1.26 million tonnes at 0.43 g/t Palladium, 0.17 g/t Platinum, and 0.09 g/t Gold [16].