Mineral Exploration and Development
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Tocvan Provides 2025 Year in Review
Accessnewswire· 2026-01-02 07:05
Core Insights - The company achieved record high-grade gold and silver intercepts through core and RC drilling, indicating significant exploration success [1] - New discoveries in the North and South Blocks have expanded mineralization targets, showcasing the potential for further resource development [1] - Airborne surveys were conducted to identify untapped potential across the 22 km² project area, enhancing exploration strategies [1] Permitting and Development - The company secured critical permits for drilling, extraction, and a 10-year pilot mine facility with a capacity of 50,000 tonnes, facilitating future operations [1] - The permits enable trenching, infrastructure setup, and progression toward near-term production, indicating a strong development pipeline [1]
Royal Road Minerals Provides Exploration Update
TMX Newsfile· 2025-12-22 13:00
Core Viewpoint - Royal Road Minerals Limited is advancing its exploration activities in Colombia, Saudi Arabia, and Morocco, with significant developments expected in drilling programs and new exploration licenses [1][15]. Colombia - The company is finalizing drill locations and preparing for a drilling program at the Guintar-Aleman-Margaritas (GAM) project, with a drone-borne magnetic survey nearing completion to refine geological interpretation [2][3]. - Initial drill pads have been established, with previous channel sample results showing 24.2 meters at 0.9 grams per tonne gold and 15.7 meters at 0.9 grams per tonne gold, among other results [3][4]. - Drilling is expected to commence before the end of January, following final drill collar verification [5]. Saudi Arabia - Exploration activities are conducted through Royal Road Arabia, a joint venture with MIDU Company Limited, focusing on the Jabal Sahabiyah project where reverse circulation drilling is testing gold-vein systems [6][7]. - Positive rock-chip channel results have been reported, including 10 meters at 2.2 grams per tonne gold and 6 meters at 15.0 grams per tonne gold [7]. - The company has been awarded seven additional exploration licenses covering three areas, with a minimum expenditure commitment of SAR 225,000 (approximately US$65,000) over the first two years [8][9]. Morocco - In Morocco, the focus remains on the Lalla Aziza project, with activities centered on title consolidation and advancing the project towards the next phase of exploration [14]. - The company is working on transferring the Lalla Aziza copper mining license to its wholly owned Moroccan subsidiary, Mineraux Chemin Réel [14]. Future Outlook - The company expresses confidence in its exploration pipeline, highlighting the imminent drilling at GAM in Colombia and the growing project portfolio in Saudi Arabia as pivotal opportunities for the upcoming year [15].
NorthWest Reports Results from Two Holes at its Kwanika Property Highlighted by a High-Grade Intercept of 43 Metres Grading 1.83 % Cu, 1.28 G/T Au (3.01% CuEq) from 260 Metres
Globenewswire· 2025-12-18 11:30
Core Insights - NorthWest Copper Corp. reported positive drill results from its Kwanika project, indicating higher-grade mineralization in two drill holes, K-25-283 and K-25-273, with significant copper and gold grades [1][2][3] Drill Results - Hole K-25-283 intersected 43 metres grading 1.83% Cu and 1.28g/t Au (3.01% CuEq) in the Central Zone, confirming continuity of mineralization [1][4][21] - Hole K-25-273 showed a near-surface intercept of 123 metres grading 1.31% Cu and 0.83g/t Au (2.09% CuEq), providing insights into structural controls in the mineralized area [1][3][4] Exploration Strategy - The 2025 exploration program aims to confirm and expand the understanding of higher-grade copper-gold mineralization, with results supporting a more economically robust development plan [2][6] - The company is focusing on higher-grade zones within the existing mineral resource, which is expected to enhance the project's economic viability [2][5] Geological Insights - The drilling results indicate the presence of significant mineralization across both the Pit and Central Zones, with K-25-273 providing clarity on the structural controls within a mineralized area [3][4][14] - The exploration program has successfully filled gaps in previous drilling, enhancing the understanding of the mineralization continuity [2][21] Future Plans - NorthWest plans to incorporate the latest drilling results into an updated preliminary economic assessment (PEA), improving upon the 2023 PEA [2][6] - The company is committed to responsible mineral exploration and aims to work collaboratively with First Nations for future development [27]
Cabral Gold Reports on Construction Progress at Cuiú Cuiú Gold Project
TMX Newsfile· 2025-12-17 11:30
Core Viewpoint - Cabral Gold Inc. is progressing well with its Phase 1 gold-in-oxide heap leach project at the Cuiú Cuiú Gold District in Brazil, targeting commercial production in Q4 2026 [3][11]. Construction Update - The construction plan is on schedule and within budget, with detailed engineering 26% complete [4][8]. - Procurement of equipment is 65% complete, with significant items like the ADR plant and mineral sizer currently being manufactured [5][8]. - Earthworks for the permanent mine camp are 90% complete, with construction expected to start in January 2026 [9][8]. Workforce and Human Resources - A total of 143 employees and contractors are currently on site, all of whom are Brazilian, with 80 from the State of Para [13][8]. Exploration and Resource Expansion - An exploration drilling program aimed at expanding hard rock resources is ongoing, with three rigs currently operational on site [8][3]. OTCQX Listing - The company has upgraded its listing from the OTCQB to the OTCQX market, which is expected to enhance visibility and liquidity for U.S. investors [15][16].
Cornish Metals Obtains Final Order for Plan of Arrangement
Globenewswire· 2025-12-13 02:54
Core Viewpoint - Cornish Metals Inc. has received court approval for its re-domicile to the United Kingdom, facilitating the transfer of shares to a new entity, Cornish Metals plc, as part of a statutory plan of arrangement [1][2][3]. Group 1: Company Structure and Share Exchange - The arrangement involves exchanging one Cornish UK Share for every ten Cornish Canada Shares held, with rounding down to the nearest whole number [2]. - Shareholders with fewer than ten Cornish Canada Shares will receive no Cornish UK Shares [2]. - The transaction is expected to close around December 16, 2025, after satisfying customary closing conditions [3]. Group 2: Project Overview - Cornish Metals is advancing the South Crofty tin project, which is a historical underground tin mine in Cornwall, UK, and is the highest grade known tin resource not currently in production [6]. - The project is permitted for underground mining until 2071 and includes plans for a new processing facility and necessary site infrastructure [6]. - The South Crofty project could potentially be the first primary tin producer in Europe or North America, addressing the critical mineral demand as defined by various governments [6]. Group 3: Community and Economic Impact - The project is expected to generate over 300 direct jobs and has strong support from local communities and government [6].
Kobrea Receives Approval to Conduct Mineral Exploration at El Destino, Sofi and Cuprum Projects - Western Malargüe Mining District - Mendoza Province, Argentina
Newsfile· 2025-12-11 13:00
Core Viewpoint - Kobrea Exploration Corp. has received approval for mineral exploration activities across all its projects in the Western Malargüe Mining District, following the ratification of Environmental Impact Statements by the Mendoza provincial legislature [1][2][3] Group 1: Project Approvals - The Senate and Chamber of Deputies of Mendoza Province ratified Environmental Impact Statements for 27 exploration projects, allowing Kobrea to proceed with drilling and other exploration activities [1][3] - The approval process included extensive public hearings and technical analysis, demonstrating governmental support for mining in the region [3] Group 2: Company Overview - Kobrea Exploration Corp. focuses on the acquisition and exploration of base metal projects, holding rights to 7 projects covering over 733 square kilometers in southwestern Mendoza Province, Argentina [4] - The company is particularly focused on porphyry copper and copper-gold deposits, with multiple targets identified showing significant geological features [4] Group 3: Future Developments - Construction of access roads and an exploration camp is ongoing at the El Perdido Project, with a maiden diamond drilling program expected to commence shortly [1][2] - The approval of the San Jorge Project, located outside the Western Malargüe Mining District, is seen as a significant advancement for mineral exploration in Mendoza [2]
New Age Metals Expands Bonanza Ridge Gold And Critical Metals Project/Strategic Acquisition Of Lavender Lake & South Gibi Lake Properties
Thenewswire· 2025-12-10 22:20
Core Insights - New Age Metals Inc. has entered into an option agreement to acquire the Lavender and Gibi Properties, expanding its exploration portfolio in the Kenora Gold District [1][3][14] - The combined land position now totals approximately 8,500 hectares, enhancing the company's strategic footprint in a region known for both precious and critical metals [3][19] Property Details - The Lavender Property consists of 64 mining claims and 1 patented mining claim, covering 1,335 hectares, while the Gibi Property includes 186 mining claims totaling 3,881 hectares [2] - The company has the option to acquire 100% of these properties, subject to a 2% net smelter return royalty, which can be reduced to 1% for a payment of $1 million [2] Exploration and Sampling - A due diligence site visit in October 2025 confirmed the presence of multiple mineralized structural targets across both properties, with known occurrences of gold and copper [6][7] - Grab samples from the Lavender Property showed significant mineralization, including copper values up to 10,014 ppm and gold values up to 172 ppb [9][11] Strategic Positioning - The acquisition strengthens the company's position in the Bonanza Ridge Gold and Critical Metals Project area, which is recognized for its potential in gold and critical metals exploration [3][14] - The Kenora Gold District is noted for its historic gold production and ongoing investment from major mining companies, making it an attractive area for new discoveries [19] Financial Terms of the Agreement - The option agreement includes a series of cash payments and share issuances over three years, starting with $15,000 within 10 days of regulatory approval [20][21] - The agreement allows the company to terminate after the first year's commitments are fulfilled, with no finder's fees associated with the transaction [20] Infrastructure and Access - The properties benefit from excellent year-round access and infrastructure, including nearby highways and power transmission lines, facilitating exploration activities [7][18] - The strategic location near Kenora provides direct access to mining services and skilled labor, enhancing the company's operational capabilities [7][19]
NorthWest Reports Results From Three Holes at Its Kwanika Property Highlighted by Near Surface Intercept of 58 Metres of 0.96% Copper and 1.04 G/T Gold (1.92% CuEq) From 94 Metres
Globenewswire· 2025-12-10 11:00
Core Insights - NorthWest Copper Corp. reported positive drill results from its Kwanika project, with significant mineralization found in three drill holes, particularly hole K-25-275, which intersected 58 meters grading 0.96% Cu and 1.04 g/t Au, equating to 1.92% CuEq [1][2][4] Drill Results - The three drill holes exceeded expectations, expanding the quality and continuity of higher-grade near-surface mineralization, with hole K-25-284 extending Pit Zone 10 along strike and down-dip, indicating potential for future growth [2][6] - Significant intervals with higher grades were returned at shallow depths, supporting the potential for a high-grade starter pit in a future preliminary economic assessment (PEA) [2][4] Objectives and Strategy - The drill program aimed to define and expand higher-grade domains within the Pit Zone area, aligning with the company's strategy to enhance the economics of a new PEA by prioritizing higher-grade areas within the existing mineral resource [3][4] - The results from the first ten holes validate the 2025 drill program's objectives, which include improving understanding of higher-grade mineralization within the Central and Pit Zones [4][9] Geological Insights - The drill holes confirmed the presence of multiple near-surface, high-grade zones of mineralization, representing a shift from past modeling practices and enhancing future mineral resource estimates [6][7] - The exploration program is designed to confirm and expand understanding of higher-grade copper-gold mineralization, with early results indicating meaningful progress toward these objectives [9][8] Technical Details - Drill hole K-25-275 intersected a wide copper-gold zone over 58 meters, significantly wider than expected, attributed to structural thickening in the area [17][18] - Hole K-25-284 successfully extended Pit Zone 10 by 40 meters along strike and down-dip, where it remains open for further exploration [24][6] Company Overview - NorthWest Copper is focused on copper-gold exploration and development, with a portfolio of advanced and early-stage projects in British Columbia, positioning the company to capitalize on strengthening global copper and gold markets [30]
Renforth Issues Gold & PGE Exploration Update in Quebec & Financing Announcement
Thenewswire· 2025-12-09 13:00
Core Insights - Renforth Resources Inc. is advancing exploration activities on its Parbec Gold deposit and Victoria Nickel Sulphide Polymetallic deposit, both located near Malartic, Quebec [1][12] Exploration Activities - The company is working on an underground bulk-sample program at the Parbec Gold deposit, which includes rehabilitating an existing decline to access mineralization [2] - Initial permitting submissions for the bulk-sample program are expected to be approved by late Q1 2026, allowing the company to apply for a temporary mining lease [3] - Surface stripping at Parbec has revealed a hinge-fold zone that will be further explored once weather conditions permit [4] Victoria Nickel Sulphide Polymetallic Deposit - Renforth's geological team is reviewing core samples from approximately 10,300 meters of drilling at the Victoria deposit, with plans to submit select core for platinum group element (PGE) assaying [5][6] - The company anticipates that platinum and palladium will be included in the next technical report following proper assaying of existing holes [6] Financing - Renforth plans to raise up to C$500,000 through a non-brokered private placement, with flow-through shares and hard dollar units priced at C$0.02 each [7] - Proceeds from the financing will be allocated to drilling at the Parbec gold deposit and the Victoria polymetallic system, as well as ongoing permitting and surface work [8] 2026 Technical Plans - In 2026, Renforth plans to drill approximately 7,500 meters at the Parbec Gold deposit and 10,000 meters at the Victoria Polymetallic deposit, with updates to resource estimates and technical reports [9][10] Company Overview - Renforth Resources is focused on advancing gold and polymetallic projects in Quebec's Abitibi mining district, with the Parbec Gold Deposit hosting 265,800 ounces of gold in the Measured and Indicated categories [12] - The Victoria Polymetallic Deposit has an initial NI 43-101-compliant inferred resource of 125 million tonnes grading 0.15% NiEq, indicating significant potential for various metals [13] - The company benefits from road access, hydro-electric power, and proximity to established mining infrastructure, positioning it to create shareholder value [14]
ICG Silver & Gold Announces Execution of Arrangement Agreement to Purchase the Tuscarora District from American Pacific Mining
Newsfile· 2025-12-08 12:00
Core Viewpoint - ICG Silver & Gold Ltd. has entered into an arrangement agreement to acquire 100% of the Tuscarora and Danny Boy projects from American Pacific Mining Corp, aiming to unlock the potential of the Tuscarora District in Nevada, a region known for its high-grade silver and gold mineralization [1][2][5] Transaction Summary - ICG will acquire Clearview Gold Inc. and American Pacific Mining Corp's subsidiaries in exchange for 11,500,000 common shares and contingent payments, including US$5,000,000 upon commercial production [3][4] - APM will distribute 7,500,000 of the Consideration Shares to its shareholders, resulting in them holding approximately 19% of the issued ICG Shares post-transaction [4][7] Project Details - The Tuscarora District is an epithermal system located on the Carlin Trend, covering approximately 8,000 acres, with extensive geological work already completed [5][18] - ICG aims to advance the district through systematic exploration and technical studies, focusing on resource definition and future development [20] Management and Expertise - ICG is led by a team with extensive experience in exploration, permitting, and capital markets, particularly in the Western United States [19][20] - The company is in the process of completing a capital raise and plans to go public on the Canadian Securities Exchange in Q1 2026 [18][12] Approval and Conditions - The transaction requires court approval and the support of at least two-thirds of APM shareholders, along with other customary regulatory approvals [10][12] - Directors and officers of APM holding approximately 1.2% of the shares have agreed to vote in favor of the transaction [13]