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Onyx Gold Discovers New Gold Zone 250 meters from Argus North
Newsfile· 2025-12-03 12:00
Core Insights - Onyx Gold Corp. has discovered a new near-surface gold mineralization zone located 250 meters southwest of the Argus North Zone, indicating significant potential for further gold exploration and development [1][7][11] Summary by Sections Discovery and Drilling Results - The new gold zone was identified as part of the ongoing 75,000 meters diamond drill program at the Munro-Croesus Project, which is 100% owned by the company [1][7] - Drill hole MC25-213 at Argus West returned 21.2 meters grading 2.1 grams per tonne (g/t) gold, including 14.0 meters grading 3.0 g/t gold and a notable 1.0 meter grading 19.7 g/t gold with visible gold occurrences [3][6][12] - Drill hole MC25-199, located 430 meters from Argus North, intersected 14.0 meters grading 1.0 g/t gold [6][13] Geological Context - The Argus Fault, a key structural feature, is emerging as an important control on gold mineralization, with drilling indicating broad zones of gold mineralization over a total strike length of 900 meters and extending vertically from surface to approximately 400 meters [2][10][11] - The geological setting includes mafic variolitic volcanic rocks and fine-grained metasedimentary rocks, with mineralization characterized by strong albitization, silicification, and the presence of pyritic stringers [10][12] Project Overview - The Munro-Croesus Project is located in the Abitibi greenstone belt, a premier gold mining jurisdiction in Canada, covering 109 square kilometers of highly prospective geology [26][30] - The project includes the historic Croesus Gold Mine, known for yielding some of the highest-grade gold in Ontario, and has seen extensive land consolidation to enhance exploration potential [26][30] Future Exploration Plans - The company plans to continue systematic step-out drilling along the Argus Fault to evaluate the size of the new gold zone and the broader Argus trend, with three rigs currently active [7][16] - Ongoing drilling efforts are focused on defining the extent of mineralization and exploring additional targets within the project area [7][16]
Bullion Gold Presents the Historical Overview of Its Terragold Gold Project
Newsfile· 2025-12-02 21:49
Core Viewpoint - Bullion Gold Resources Corp. is preparing to file an ATI permit application for a stripping and drilling program on its Terragold project, aiming to validate historical data and enhance exploration efforts in the Abitibi region [1][2]. Project Overview - The Terragold project encompasses 36 mineral claims over approximately 2,060 hectares, located about 12 km south-southeast of Senneterre, Quebec, and is accessible year-round [6]. - Historical work on the project dates back to the 1960s, with significant drilling and surface sampling conducted by previous operators, indicating a substantial gold presence [7][8]. Exploration Strategy - Initial fieldwork will focus on verifying historical data in the main zone, where previous drilling identified promising gold-bearing structures [2]. - The company plans to compile historical work, perform 3D modeling, and conduct geophysical surveys to enhance understanding of the geological framework [3]. - Upcoming activities include cleaning old trenches, mechanical stripping, and systematic channel sampling, followed by a drilling campaign to validate historical results [4]. Economic Context - With gold prices around US$4,000 per ounce, the economic viability of low-grade deposits has improved significantly, making the Terragold project more attractive for potential open-pit operations [5][15]. - Historical drilling has outlined a low-grade gold corridor over more than 1.2 km, with several significant intersections reported, although modern technologies have not been systematically applied to follow up on these results [8][9]. Historical Data Insights - Historical drilling results indicate significant grade variability, likely due to the nugget effect, which has led to fluctuations in assay results [16]. - Previous drilling by various companies has confirmed the continuity of mineralized zones, with notable gold grades reported, although some areas remain under-tested [11][12][13]. Analytical Methods - The company will adopt modern analytical methods tailored for free-gold systems to reduce variability and provide a clearer picture of the project's economic potential [18][20].
Kenorland identifies gold-in-till anomalies at two Ontario projects
Yahoo Finance· 2025-12-02 14:59
Core Insights - Kenorland Minerals has identified significant gold-in-till geochemical anomalies at the Western Wabigoon and Flora projects in north-western Ontario, Canada [1] - The company is currently under an option agreement with Centerra Gold, which allows Centerra to earn up to a 70% interest in each project through staged exploration [7] Western Wabigoon Project - A gold-in-till trend extending approximately 19km has been defined by systematic geochemical surveys [1] - Infill sampling in 2025 refined several high-tenor gold-in-till anomalies across the W1, W2, and W3 target areas, with the W2 target producing a strong anomaly of up to 251 grains per sample along a 4km trend [2] - The W2 target area includes multi-gram per tonne gold showings, with rock samples returning up to 7.75 grams per tonne gold, expanding the historical footprint into the current W2 target [3] - Planning for the 2026 field campaign includes up to 5,000m of diamond drilling at Western Wabigoon, focusing on the priority W2 target [6] Flora Project - Geochemical surveys in 2024 and 2025 outlined the F1 target as a large-scale, high-tenor gold-in-till anomaly extending more than 7km [4] - High-grade gold mineralisation was identified, with rock samples returning up to 31.70g/t gold in the central area and up to 17.40g/t gold approximately 3km to the north-east [5] - Work in 2026 will focus on further surface exploration, including mapping and prospecting to refine targets for a future drill programme [6]
Lodestar Metals Completes Initial 2025 Exploration Work and Finalizes Plans for Strategic Drill Program
Newsfile· 2025-12-02 12:35
Core Insights - Lodestar Metals Corp. has completed initial exploration work for the Gold Run Project in Nevada and is finalizing plans for a strategic drill program set to begin in Q1 2026, focusing on high-potential targets [1][3][5] - The company aims to create shareholder value by testing known mineralized trends and expanding the pipeline of high-quality targets for follow-up in 2026 [1][5] Exploration Plans - The maiden drill program will target four priority prospects: Independence Trend, Gomes, Robbers Knob, and Crown North, based on multi-element soil geochemistry and historical data [5][6] - A property-wide DDIP geophysical survey will be conducted to expand geophysical coverage, identify new anomalies, and refine target prioritization for follow-up drilling [6][19] Target Areas - **Independence Trend**: Notable for strong gold, silver, and arsenic geochemistry, possibly indicative of epithermal style mineralization [3][11] - **Gomes**: High-grade silver and gold identified from surface rock sampling, with historical drilling showing significant intersections [10][11] - **Robbers Knob**: Characterized by strong gold and mercury geochemistry, with historical gold intersections remaining open for further exploration [15][16] - **Crown North**: High-grade gold intersection noted, with potential for new zones of mineralization to be tested [16][18] Ongoing Work - The company is actively preparing for drilling by finalizing targets, conducting the DDIP survey, and engaging with drilling contractors to ensure readiness for the 2026 field season [22][28]
Kenorland Identifies Significant Gold-In-Till Geochemical Anomalies at the Western Wabigoon and Flora Projects in Northwestern Ontario
Newsfile· 2025-12-02 12:30
Kenorland Identifies Significant Gold-In-Till Geochemical Anomalies at the Western Wabigoon and Flora Projects in Northwestern OntarioDecember 02, 2025 7:30 AM EST | Source: Kenorland Minerals Ltd.Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce results from its 2025 geochemical and prospecting surveys targeting gold systems at the Western Wabigoon and Flora pr ...
GFG Drills 1.05 g/t Au over 71.0 m including 7.51 g/t Au over 3.0 m at Aljo and Initiates Aggressive Regional Exploration Program at Goldarm
Globenewswire· 2025-11-27 12:09
SASKATOON, Saskatchewan, Nov. 27, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) (“GFG” or the “Company”) reports initial assay results from the 12-hole (2,650 metre) Phase 2-2025 drill program at the Aljo Gold Project (“Aljo”), located on the Company’s Goldarm Property (“Goldarm”) in the prolific Timmins Gold District of Ontario, Canada (See Figures 1 and 2). GFG’s Phase 2-2025 drill program at Aljo was designed to confirm and expand key mineralized zones across the Main, Hangingwal ...
November Field Program at South Hedley Gold-Copper Project, Boosts Potential of the Glix Exploration Target
Thenewswire· 2025-11-26 15:30
Core Viewpoint - Adamera Minerals Corp. has significantly expanded the Glix Gold Prospect on the South Hedley property, indicating a larger and more cohesive target than previously recognized [1] Exploration Program Summary - The exploration program included 13 line-kilometres of detailed ground magnetic surveying and 6 line-kilometres of VLF-EM surveying, with a total of 441 soil samples collected on the Glix Prospect and 165 soil samples on the Max Prospect [3][4] - A total of 606 soil samples are awaiting analysis, which will be integrated with existing geophysical and geological datasets to build a 3D model of the Glix prospect [8] Geological Findings - The VLF-EM survey outlines a conductive corridor over 300 meters long and 100 meters wide, with strong gold responses in soil samples ranging from 80 ppb to 4,283 ppb, particularly over the VLF-EM conductor [4][5] - The geological setting at Glix is similar to the Nickel Plate and Mascot gold mines, with favorable secondary NW–SE cross-structures present that are known to host mineralization [5][6] Next Steps - The next phase will focus on integrating pending soil sample results to prioritize drill targets, alongside submitting a Notice of Work (NoW) drill application for permitting [8] Property Overview - The South Hedley property spans 18,714 hectares and is located within a mineral belt in southern British Columbia, extending from the historic Nickel Plate gold mine, which has produced over 2.5 million ounces of gold [9]
Lodestar Metals Closes Third and Final Tranche of Financing
Newsfile· 2025-11-26 01:31
Core Viewpoint - Lodestar Metals Corp. has successfully closed the third and final tranche of its non-brokered private placement financing, raising a total of $1,500,000 through the issuance of 19,999,998 units, which will support its exploration efforts at the Goldrun Project in Nevada [1][2][4]. Financing Details - The third tranche involved the issuance of 1,678,263 units at a price of $0.075 per unit, generating gross proceeds of $125,869.73 [1][2]. - Each unit consists of one common share and one-half of a share purchase warrant, with the warrants allowing the purchase of additional shares at $0.12 for two years [2]. - The total cash fee paid to finders for the third tranche was $3,776.09, along with the issuance of 50,348 Finder's Warrants [3]. Use of Proceeds - Proceeds from the offering will be allocated for exploration and drilling activities at the Goldrun Project, as well as for general working capital [4]. Shareholder Update - Mr. Andy Chow acquired a total of 3,523,065 units through the offering, increasing his ownership to approximately 9.59% of the company's issued shares on a non-diluted basis [5]. Marketing Engagement - The company has entered into a digital marketing agreement with InvestorHyve for three months at a rate of $5,000 per month, aimed at enhancing market visibility and investor awareness [8][9]. Company Overview - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, which is strategically located on a major gold trend and aims to build a compliant gold resource that delivers long-term shareholder value [11].
West Point Gold Drills 36.6 m of 7.35 g/t Au from 161.5 m to 198.1 m, Including 25.9 m of 9.95 g/t Au from 167.6 m to 193.5 m, Extending High-Grade Zone at Northeast Tyro
Newsfile· 2025-11-25 12:00
West Point Gold Drills 36.6 m of 7.35 g/t Au from 161.5 m to 198.1 m, Including 25.9 m of 9.95 g/t Au from 167.6 m to 193.5 m, Extending High-Grade Zone at Northeast TyroNovember 25, 2025 7:00 AM EST | Source: West Point Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce the results from the initial two holes of the Tyro Northeast (NE) drilling cam ...
ONGold Stakes Additional Claims, Substantially Expands TPK Property
Newsfile· 2025-11-24 12:30
Core Insights - ONGold Resources Ltd. has expanded its claims around the Ti-pa-haa-kaa-ning (TPK) project by staking an additional 73 claims, increasing the total area to approximately 69,764 hectares, which represents a 46% increase in the claim area [1][4] Group 1: Acquisition and Claims Expansion - The newly staked claims cover approximately 21,969 hectares (1,118 cells) and are aimed at exploring extensions of the Mameigwess and Bartman Lake Greenstone Belts and the Stull-Wunnumin Fault Zone [1] - The TPK property now consists of 2,504 claims, enhancing ONGold's exploration potential for gold and base metals deposits [1] Group 2: Exploration Activities - A recent diamond drilling program at the Gold Ridge area of TPK has indicated the presence of a large, intrusive-hosted, orogenic gold system, although no mineral resource has been defined yet [2] - Historical drilling at the Big Dam area has revealed significant gold intersections, including 25.9 g/t Au over 13.5 meters and other high-grade results [3] Group 3: Future Plans and Agreements - The company has entered into a Memorandum of Understanding (MOU) with the Chapleau Cree First Nation regarding support for exploration activities, which includes issuing 50,000 common shares and warrants [8] - The MOU outlines provisions for exploration conduct and negotiations for an impact benefit agreement (IBA) [8]