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Adamera Expands Glix Prospect on South Hedley Gold Property
Thenewswire· 2025-09-16 19:35
Core Insights - Adamera Minerals Corp. is expanding the Glix Prospect, identifying soil samples with gold values ranging from 24 to 4,283 ppb (4.3 g/t) [1][5] - The Glix Prospect is located on the 100% owned South Hedley claims in British Columbia, with plans for a drill program to test both the Glix and Max Prospects [2] - The Glix Prospect features a coherent gold in soil anomaly measuring approximately 90 x 50 meters, open for further expansion [4] Company Developments - A follow-up sampling and prospecting program is currently underway, with geophysical surveys planned for the Glix area [1] - The highest gold value recovered to date from the Glix Prospect is 4.3 g/t, which will be the focus of immediate prospecting efforts [5] - The area has favorable geology, with identified scapolite-altered rocks and nearby sulphide mineralization [6] Historical Context - Approximately 2.5 million ounces of gold were produced in the Hedley Gold Camp, located less than 10 kilometers from Barrick Gold Corp's Nickel Plate Mine [3] - Previous sampling returned weakly anomalous values, with follow-up samples showing significant enrichment in gold, zinc, and arsenic [7]
Forge Resources Announces Phase 2 Diamond Drill Program at Alotta Project, Yukon
Newsfile· 2025-09-16 19:15
Forge Resources Announces Phase 2 Diamond Drill Program at Alotta Project, YukonSeptember 16, 2025 3:15 PM EDT | Source: Forge Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - September 16, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company) is pleased to announce the planned mobilization of crews for its Phase 2 diamond drill program, comprised of 2,100 metres across 7 holes averaging 300 metres in depth. Mobilization is scheduled for Septem ...
Adamera Expands Glix Prospect on the South Hedley Gold Property
Thenewswire· 2025-09-16 11:30
Vancouver, British Columbia – TheNewswire - September 16, 2025 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") continues to expand the Glix Prospect and has identified several additional soil samples with anomalous gold values ranging from 24 to 4,283 ppb* (4.3 g/t) gold. A follow up sampling and prospecting program is underway and geophysical surveys are being planned for the Glix area. The Glix prospect is located on the Company’s 100% owned South Hedley claims in British C ...
Pasofino Gold Exploration Update
Newsfile· 2025-09-15 11:00
Pasofino Gold Exploration UpdateCurrent Exploration Program Focuses on New Drill Targets at Dugbe F and Tuzon DepositsSeptember 15, 2025 7:00 AM EDT | Source: Pasofino Gold LimitedToronto, Ontario--(Newsfile Corp. - September 15, 2025) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to update on its current exploration program at its 100% owned Hummingbird Resources (Liberia) Ltd. ("HRL") Dugbe Gold Project ("Dugbe") in Liberia. Highligh ...
Beauce Gold Fields Drills Up To 5.2 G/T Gold In Axis of Antiform Confirmed Gold-Bearing Mineralization Along Saddle Reef Traced for 4 km Unexpected Discovery of Gold-Bearing Mineralized Fault Line
Thenewswire· 2025-09-11 12:00
Core Insights - Beauce Gold Fields has announced the results of its summer diamond drill program in Beauceville, Quebec, which included 13 holes totaling 970 meters [1][20] - The drilling program confirmed the presence of gold-bearing structures within the Saddle Reef, indicating strong exploration potential [2][20] Grondin Zone Highlights - Drilling at the Grondin Zone followed up on a 2024 IP survey, revealing a strong breccia and extensive stockworks with gold mineralization encountered in most 2023 drill holes [3][20] - Notable drill hole GR-25-02 intersected 2.0 g/t Au over 4.0 m, including 5.2 g/t Au over 0.5 m, with mineralization extending several hundred meters [4][20] - Drill hole GR-25-08 discovered a gold-mineralized fault line, returning significant values of 0.8 g/t Au over 9.5 m, with a higher-grade interval of 2.3 g/t Au over 1.0 m [7][20] Giroux Zone Highlights - Hole BE-25-01 tested an IP and soil anomaly, intersecting mainly grey shale, while other holes encountered mineralized lapilli tuffs with quartz veins [12][20] - Structural interpretation suggests a mega-antiform fold controlling gold mineralization, with evidence indicating historical placer gold contributions from eroded horizons [14][15][20] Future Exploration Plans - The company plans to apply for an expansion of its ATI Authorization to allow additional exploration work and further drilling [21][20] - Future work will include detailed mapping, geochemistry, and targeted geophysical surveys to refine drill targets [10][20] Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, aiming to trace old placer gold workings back to bedrock sources [23][20] - The company is currently drilling recently discovered antiform systems believed to have contributed to extensive auriferous placer deposits in Beauce [24][20]
Novo Resources (OTCPK:NSRP.F) 2025 Conference Transcript
2025-09-10 21:45
Summary of Novo Resources Conference Call Company Overview - Novo Resources is a dual-listed company on TSX and ASX, primarily focused on gold exploration and development, with an increasing interest in copper [2][5] - The company aims for a pathway to 1,000,000 ounces of gold and seeks standalone developments [2] Strategic Focus - The exploration strategy emphasizes core greenfields generation and late-stage exploration projects [4] - The company has not raised funds since its ASX dual listing IPO two years ago, indicating a strong balance sheet [3][5] - Current market capitalization is approximately AUD 40 million, with 3.55 million shares issued [5] Project Portfolio - The portfolio includes a mix of early-stage and advanced exploration projects, primarily located in Australia and Canada [4][9] - Key projects include: - **San Cristobal Mining**: A significant liquid investment supporting operations, valued at around AUD 20 million [6] - **New South Wales Projects**: - John Bull and Tipperbura, with promising drilling results and ongoing exploration [10][12] - **Belltopper Project in Victoria**: A small project with potential for high-grade resources, targeting 300,000 to 600,000 ounces [16][17] - **Pilbara Region**: Historically significant for the company, with ongoing exploration and a focus on gold and copper [18][19] Joint Ventures and Collaborations - A joint venture with Northern Star on a project adjacent to the Hemi project, with AUD 25 million committed for 50% ownership [20][21] - The company is exploring various greenfields areas, including Balabala and Sherlock Crossing, with historical mining significance [22][24] Exploration and Drilling Activities - Aggressive drilling programs are planned, with a focus on generating results quickly [30] - Recent drilling in Tipperbura yielded significant grades, indicating potential for multiple pits along a 22-kilometer zone [13] - The company is also exploring antimony targets in the Pilbara, with promising early-stage results [25][26] Financial Health and Shareholder Support - The company maintains a strong balance sheet with approximately AUD 7 million in cash [6] - A robust shareholder register includes notable investors like Northern Star and billionaire geologist Mark Creasy [7][29] Conclusion - Novo Resources is positioned as a high-quality exploration company with a diverse portfolio and a strong focus on advancing projects from greenfields to development stages [27][28] - The company is committed to aggressive exploration and aims to achieve significant discoveries that will enhance shareholder value [30]
Stellar AfricaGold - Structural Mapping Report Supports Expansion Potential at Tichka Est; Drill Campaign Progress Report
Thenewswire· 2025-09-10 21:00
Vancouver, British Columbia – September 11, 2025 – TheNewswire - Stellar AfricaGold Inc. (TSX-V: SPX) ("Stellar" or the "Company") is pleased to announce that the final report by Dr. David Selley on the structural geology of Tichka Est confirms the exploration potential of Structure B and its possible extensions at the Company’s Tichka Est Gold Project in Morocco. The Selley Report The Company received the final detailed report on the ‘Structural Analysis of the Tichka Est Prospect, High Atlas, Morocco’ fr ...
Golden Cross Resources Secures Application over Strategic Strike Expansion at Welcome & Ti Tree Gold Projects, Victoria
Newsfile· 2025-09-04 11:00
Core Viewpoint - Golden Cross Resources has secured an application for Exploration Licence EL008779, expanding its land holdings by 305 km² in Victoria's Lachlan Fold Belt, enhancing its strategic position in gold exploration [2][3][5]. Group 1: Expansion of Land Holdings - The new licence covers approximately 46 km of strike across several key anticlines known for gold mineralization, increasing the company's total land position to over 750 km² in the region [3][5]. - The application consolidates potential strike extensions ahead of initial drill testing of regional targets, particularly in the Reedy Creek Gold Project [3][5]. Group 2: Key Prospective Trends - The application includes several significant trends: Providence Trend (8 km strike), Homewood Trend (9 km strike), Ti Tree Trend (11 km strike), and Welcome Trend (18 km strike) [6][10]. - Historical data indicates that the Providence area yielded over 930 kg (30,000 oz) of gold from 1859 to 1888, while the Welcome Reef produced 1,200 oz of gold averaging 45 g/t [7][9]. Group 3: Strategic Importance - The new application is a crucial step in Golden Cross's strategy to build a pipeline of high-quality exploration targets, particularly adjacent to Southern Cross Gold's Sunday Creek discovery [10][11]. - Management emphasizes the link between gold mineralization and the region's major anticlinal fold trends, indicating a growth phase with ongoing mapping and initial drill testing [11]. Group 4: Marketing Services Agreement - The company has entered into a marketing services agreement with the Oregon Group for a term of 12 months, with a budget starting at US$15,000 and an option to increase to US$45,000 [14][15]. - Oregon specializes in market research and enhancing client visibility, focusing on critical minerals and energy intelligence [17]. Group 5: Company Overview - Golden Cross Resources is a Canadian mineral exploration company focused on advancing its high-grade Reedy Creek gold project in Victoria, Australia, located near Southern Cross Gold's Sunday Creek discovery [18].
Exploits Discovery eyes resource expansion with high-grade gold projects in Eastern Canada
Proactiveinvestors NA· 2025-08-29 18:22
Core Viewpoint - The gold exploration sector is currently favorable, especially for projects in safe jurisdictions, despite inherent challenges in exploration [1] Company Overview - Exploits Discovery Corp is positioned for success with a focus on well-known mining districts in Eastern Canada and has established a historical resource base of nearly 700,000 ounces in under two months [2][4] - The company aims to build itself into a premier gold exploration entity, emphasizing sustained growth and long-term shareholder value [5] Project Highlights - The Hawkins Gold Project in Ontario has a historic inferred resource of approximately 328,000 ounces at 1.65 grams per tonne gold, with mineralization open along strike and at depth [6] - In Québec, the Benoist project has indicated resources of around 134,400 ounces at 2.87 grams per tonne gold and inferred resources of 107,000 ounces at 2.3 grams per tonne [8] - The Fenton project features a non-compliant historical estimate of 426,173 tonnes grading 4.66 grams per tonne gold, with standout results showing 356 grams per tonne gold [10] - In Newfoundland, the company has secured claims along the Appleton Fault Zone and Dog Bay Line, with high-grade assays identified, including 38.2 grams per tonne gold and 67.55 grams per tonne gold [11][12] Future Plans - The company is advancing permitting, prospecting, and geophysical surveys across its properties, with plans to deliver drilling results later in the summer or early autumn [13] - There is an evaluation of joint ventures for non-core assets to focus on high-grade opportunities [14] Competitive Advantages - Exploits Discovery differentiates itself through scale, location, financial flexibility, and upside potential, with a combined historical resource base of approximately 680,000 ounces across four projects [15] - The company is trading at around $6 per ounce of gold in the ground, significantly lower than peers trading between $40 and $50 per ounce, indicating potential for re-rating catalysts [16] Leadership and Backing - The company has a notable backer in Eric Sprott, who owns 14% of shares, signaling confidence in the team and strategy [18] - The leadership team has extensive experience in the mining sector, with backgrounds in major companies and diverse geographical project experience [19][20] Long-term Outlook - The long-term focus is on growing ounces, improving grades, and pursuing new acquisitions and discoveries [21][22]
Gold Hunter Resources ready for next exploration stage in Newfoundland's gold frontier
Proactiveinvestors NA· 2025-08-29 18:18
Core Insights - Gold Hunter Resources Inc is positioned as a significant player in the Newfoundland gold exploration sector, with a focus on delivering shareholder value and leveraging a consolidated land package [1][3][14] Company Overview - The company is centered around the Great Northern Project, which encompasses a 26,000-hectare land package along the Doucers Valley Fault, featuring nearly 500 historical drill holes but with 18 gold-bearing trends remaining largely untested [2][5] - In 2023, Gold Hunter sold its initial asset in Newfoundland for over $30 million, providing immediate value to shareholders through the issuance of FireFly shares [3] Strategic Developments - Gold Hunter has consolidated a 50-kilometre trend along the Doucers Valley Fault through over 10 transactions, marking the first time this corridor has been controlled by a single entity [4][11] - The company has adopted a systematic approach to exploration, drawing on a wealth of historical data and geological expertise to identify high-priority trends [6][8] Technical and Operational Strengths - The company has compiled a comprehensive dataset, including over 36,000 soil samples and 66,000 metres of historical drilling, to inform its exploration strategy [7][8] - Gold Hunter's project benefits from existing infrastructure, including hydroelectric power, highway access, and proximity to a deep-sea port, which enhances operational efficiency [9][10] Team Expertise - The technical team includes experienced geologists with a strong track record in the region, contributing to the company's confidence in unlocking the potential of the Great Northern Project [11][12][13] - The CEO emphasizes the importance of combining national-level discovery experience with local geological knowledge to mitigate exploration risks [13] Future Plans - Gold Hunter is currently conducting a VTEM survey to further refine its exploration targets, with plans to begin drilling in 2025 based on a data-driven approach [14][15]