VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSXV: WINS) (‘Winshear’ or the ‘Company’) is pleased to announce that, subject to the approval of the TSX Venture Exchange (the ‘TSX-V’), it has entered into an agreement whereby the Company can earn a 100% interest in the 360km2 Thunder Bay Gold Project (‘TBGP’), located immediately Northeast of Thunder Bay (Map 1). Overview of the Thunder Bay Gold Project: Eastern extension of the Archaean age Shebandowan greenstone belt;Ve ...

MONTREAL, May 22, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to report additional positive drill results from the Southwest Zone (“Southwest”), at its Troilus Project located in northcentral Quebec, Canada. The results herein are part of the company’s 2025 drill campaign (outlined in the February 4, 2025 press release), focused on identifying and delineating higher-grade mineralization and enhancing confidence in the block model wit ...

Drilling Results at Wabamisk Confirm Substantial Antimony-Gold DiscoveryLONGUEUIL, Quebec, May 22, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report very encouraging drilling results from its diamond drilling program on the antimony-gold Fortin Zone at its wholly owned Wabamisk Property (the “Property”) in the Eeyou Istchee James Bay (“James Bay”) region of Quebec, Canada. The initial plan for 5,000 metres was expanded in January, an ...

Core Viewpoint - American Eagle Gold Corp. has initiated a fully funded 30,000-metre drill program at its NAK copper-gold porphyry project in British Columbia, aiming to expand high-grade mineralization and explore new targets [2][10]. Group 1: Drill Program Overview - The 2025 drill program builds on previous successes and incorporates a robust interpretive model developed during the offseason, which included relogging core and integrating 3D geophysical interpretations [3][4]. - Objectives for the drill program include expanding the high-grade, near-surface copper-gold zone in the southern section of the Main Zone, identifying new high-grade zones in the northern section and at depth, and drilling newly identified targets in untested areas [4][9]. Group 2: Target Areas and Strategy - Initial drilling will focus on untested segments of mineralized trends and dyke phases, prioritizing near-surface, higher-grade areas adjacent to the gold-enriched southern section of the Main Zone [5]. - High-priority targets include the largely untested "IP Embayment" south of drill hole NAK23-09, which has shown localized outcropping mineralization and high copper and gold geochemistry [6]. - Exploration will also target the eastern margin of the stock, following up on historical intercepts and geophysical anomalies that indicate potential mineralization [7]. Group 3: Project Infrastructure and Financial Position - The NAK project benefits from excellent infrastructure, including road access and proximity to towns along a major rail line, which supports exploration efforts [8][11]. - The company has over $37 million in cash, supported by strategic investments from Teck Resources and South32, positioning it well for the current drill program [12].

Core Viewpoint - Greenhawk Resources Inc. has entered into an Option and Joint Venture Agreement with 1531323 BC Ltd. to advance the exploration and development of its Greenland properties, specifically the Storø and Qingaaq mineral exploration licenses [1][2]. Financial Terms - Under the Option Agreement, 1531323 BC is granted an option to acquire an 80% interest in the Properties for an upfront payment of $100,000 and a commitment to incur $1,400,000 in expenditures over 24 months [2]. - The expenditure schedule includes a minimum of $450,000 within 6 months, $350,000 within 12 months, $300,000 within 18 months, and $300,000 within 24 months [3]. Project Details - The Storø project covers an area of 12 km² and has an inferred mineral resource estimated at 885,000 tonnes, grading 3.4 g/t Au, totaling approximately 95,000 ounces of gold [4]. - The mineral resource has a cut-off grade of 0.8 g/t Au for open-pit material and 2.5 g/t Au for underground resources [4]. - The Qingaaq license surrounds the Storø project and covers approximately 540 km² [4]. Management and Future Plans - 1531323 BC will manage the operations of the Properties during the Option Agreement period and intends to enter into a management services contract with Greenhawk for advisory support [5]. - Greenhawk is actively pursuing additional property acquisitions and opportunities in the mineral exploration and resources sector [5]. Stock Options - The company has cancelled a total of 8,600,000 stock options, which include options with exercise prices of $0.27 and $0.20, expiring in 2025 and 2026 respectively [6].

VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce the start of summer exploration activities on its four 100% owned gold projects covering 61,512 hectares of the prospective Spences Bridge Gold Belt (SBGB) in Southern British Columbia. Current field work includes prospecting, mapping, and geochemical sampling, with a 3,000m exploration drill program, testing exploration targets at Shovelnose, expected to start in June. Ken Armstrong, Presid ...

MONTREAL, May 21, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) ("Aya" or the "Corporation") is pleased to announce high-grade silver results from its ongoing drill program at the Zgounder Silver Mine. The Corporation has also identified multiple high-potential targets within the broader Zgounder Regional area in the Kingdom of Morocco. Highlights (all intersections are in core lengths) "Today's high-grade results — including hole ZG-SF-24-123 near the granite contact and DZG-SF-2 ...

Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") presents a progress update regarding the previously announced 2025 phase one exploration campaign. Work is underway on all three key targets and is expected to continue across several phases throughout the work season to rapidly advance the Company's Solwezi Project in Zambia. Update summaries provided for each target, with detailed description provided be ...

Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Q Precious & Battery Metals Corp. (CSE: QMET) (FSE: 0NB) (OTC Pink: BTKRF) (the "Company" or "QMET") is pleased to announce that it has closed its previously announced amended and restated acquisition agreement (the "Acquisition Agreement") with the beneficial owners of the with the beneficial owners of the Colchester project (see press releases dated April 7, 2025 and May 6, 2025). The Colchester project comprises 8 licenses totaling 559 claim ...

The Corvo Uranium Project is prime real estate for a basement-hosted uranium discovery VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Aventis Energy. ("Aventis" or the "Company") (CSE: AVE | OTC: VBAMF), is pleased to provide a comprehensive summary of exploration insights and historical data gathered at its Corvo Uranium Project ("Corvo", or the "Project"). Highlights: Mandeep Parmar, Interim CEO of Aventis, commented: "The Corvo Project has many areas that need further investigation. We loo ...