Mineral Resource Estimate

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Adyton Resources Strengthens Board and Grants Stock Options and RSUs
Newsfile· 2025-07-24 22:39
Adyton Resources Strengthens Board and Grants Stock Options and RSUsJuly 24, 2025 6:39 PM EDT | Source: Adyton Resources CorporationBrisbane, Australia--(Newsfile Corp. - July 24, 2025) - Adyton Resources Corporation (TSXV: ADY) (FSE: 701) ("Adyton" or the "Company") is pleased to announce the appointment of Co-Founder of Agentis Capital, Michael Gray as a Non-Executive Director to the Board. Michael's appointment is subject to TSXV approval and fills the vacancy created by the prior resignati ...
NexGold Continues to Intersect High-Grade Gold Mineralization at the Goldboro Open Pit Gold Project, Including 108.76 g/t Au over 1.40 metres and 67.23 g/t gold over 2.20 metres
Globenewswire· 2025-07-24 11:00
TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) ("NexGold" or the "Company") is pleased to provide additional drill results from a recently- completed 26,854-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Open Pit Gold Project ("Goldboro") in Nova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentiall ...
Minerals 260 (MI6) Earnings Call Presentation
2025-07-24 03:30
ASX: MI6 Advancing one of Australia's largest undeveloped gold projects For personal use only 2.3Moz Bullabulling Gold Project Noosa Mining Conference 24 July 2025 Luke McFadyen, Managing Director Important Notes and Disclaimer Overview This presentation contains summary information about Minerals 260 Limited (ACN 650 766 911) (Company) and is current as of the cover date. The information in this presentation is of a general background and does not purport to be complete. This presentation is not investment ...
Maronan Metals (MMA) Earnings Call Presentation
2025-07-23 05:00
Project Overview - Maronan Metals Limited (ASX:MMA) is focused on the Queensland Silver Development Story [1, 13] - The company has large silver-lead and copper-gold resources [13] - A scoping study is targeted for Q1 FY26 [14] Resource Highlights - The global indicated and inferred silver-lead resource is 33.1 Mt @ 6.0% lead and 108 g/t silver, containing 114.5 Moz of silver and 2.0 Mt of lead [16, 26, 45] - The copper-gold resource is 32.0 Mt @ 0.85% copper and 0.63 g/t gold, containing 271kt of copper and 649koz of gold [16, 32, 47] - The Starter Zone Resource is 12.2 Mt @ 5.0% lead and 112 g/t silver [29, 46] Development Plans - The company lodged a Mineral Development Lease application in March 2025, seeking approval for an exploration decline, bulk samples, and underground drilling [35] - The next stages of growth include a scoping study in Q1 FY26 and MDL approval in Q2 FY26 [37] Share Capital Structure - The company has 201,252,826 shares on issue [17] - The share price as of July 18, 2025, was 23.5c, resulting in a market capitalization of $47.3 million [17]
Midnight Sun Kicks Off Expansion Drilling At Kazhiba-Main Oxide Target
Newsfile· 2025-07-22 10:30
Midnight Sun Kicks Off Expansion Drilling At Kazhiba-Main Oxide Target164 RC holes planned to test extensions of area drilled in 2024, with Maiden Resource Estimate to followJuly 22, 2025 6:30 AM EDT | Source: Midnight Sun Mining Corp.Vancouver, British Columbia--(Newsfile Corp. - July 22, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") is pleased to announce the commencement of the expansion drilling program at the Kazhiba-Main oxide copper ta ...
Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu
Globenewswire· 2025-07-22 10:00
Core Viewpoint - Osisko Metals has announced significant new drilling results from the Gaspé Copper Project, highlighting the potential for resource expansion with the longest continuous intercept to date of 853 meters averaging 0.20% Cu, 1.43 g/t Ag, and 0.02% Mo (0.30% CuEq) [1][2]. Summary by Relevant Sections New Drill Results - Drill hole 30-1082 reported 853.5 meters of continuous mineralization, including a lower intercept of 424.0 meters averaging 0.21% Cu, 1.33 g/t Ag, and 0.026% Mo, extending mineralization to a vertical depth of 1140 meters [11][12]. - Drill hole 30-1089 intersected 645.0 meters averaging 0.28% Cu, 1.46 g/t Ag, and 0.023% Mo, with a lower intercept of 396.7 meters averaging 0.30% Cu, 1.34 g/t Ag, and 0.023% Mo, extending to a depth of 965 meters [15][16]. - Drill hole 30-1083 showed 427.5 meters averaging 0.26% Cu, 1.54 g/t Ag, with a lower intercept of 328.0 meters averaging 0.24% Cu, 1.43 g/t Ag, extending to a depth of 900 meters [12][13]. Mineral Resource Potential - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions [21][22]. - The Gaspé Copper Project hosts Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [30][31]. Geological Context - Mineralization at the Gaspé Copper Project occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite, with at least five recognized mineralizing events [19]. - The drilling is focused on defining open-pit resources within the Copper Mountain stockwork mineralization, with significant resource increases noted in the Inferred category [20][31].
Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu
GlobeNewswire News Room· 2025-07-22 10:00
Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, highlighting the large-scale potential of mineralization at the site [1][2] - Significant new analytical results include 35 mineralized intercepts from ten drill holes, with infill intercepts aimed at upgrading inferred mineral resources and expansion intercepts potentially leading to additional resources [2][3] Drill Results Summary - Drill hole 30-1082 intersected 853.5 metres of continuous mineralization averaging 0.20% Cu, with a significant lower intercept of 424.0 metres averaging 0.21% Cu, extending mineralization to a depth of 1140 metres [6][10] - Drill hole 30-1089 reported 645.0 metres averaging 0.28% Cu, including an expansion lower intercept of 396.7 metres averaging 0.30% Cu, extending mineralization to a depth of 965 metres [14][15] - Drill hole 30-1083 showed 427.5 metres averaging 0.26% Cu, with a deeper intercept of 328.0 metres averaging 0.24% Cu, extending mineralization to a depth of 900 metres [11][12] - Drill hole 30-1087 reported 334.5 metres averaging 0.23% Cu and a deeper intercept of 74.5 metres averaging 0.62% Cu, extending mineralization to a depth of 598 metres [12] - Drill hole 30-1088, located outside the 2024 MRE model, intersected 122.7 metres averaging 0.24% Cu, indicating previously undocumented mineralization [13] Mineral Resource Context - The Gaspé Copper Project hosts the largest undeveloped copper resource in eastern North America, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [28] - The current drill program aims to convert the November 2024 Mineral Resource Estimate to Measured and Indicated categories and test for expansion deeper into the stratigraphy [21][28]
Kootenay Silver Set to Commence Stage One of the Next 50,000 Meters of Drilling at Columba High-Grade Silver Project, Mexico
Prnewswire· 2025-07-21 19:57
Core Viewpoint - Kootenay Silver Inc. is set to commence a staged drilling program aimed at expanding its silver resource at the Columba project, following a successful maiden resource announcement of 54 million ounces of silver at a grade of 284 gpt [1][3]. Group 1: Drilling Program - Drill crews are scheduled to arrive by the end of July 2025, with the first drill starting in early August and a second drill following ten days later [1]. - The initial phase of the drilling program will involve 25,000 to 30,000 meters focused on expanding existing resource bodies in the D, F, and B/Lupe veins, which remain open for further exploration [2]. Group 2: Resource Estimates - The maiden resource estimate for the Columba project includes 5.92 million tonnes grading 284 gpt silver, 0.19% lead, and 0.50% zinc, translating to 54.1 million ounces of silver, 25.2 thousand tonnes of lead, and 65.6 thousand tonnes of zinc [4][6]. - The resource estimate is based on 17 epithermal veins and is exclusive of mined-out material [6][11]. Group 3: Financial Position - The company is fully funded for the drilling program, having recently closed a $20 million bought deal financing [2]. Group 4: Future Objectives - The company aims to increase its silver resource to over 100 million ounces, leveraging the open-ended nature of the vein zones for further exploration [3].
Fancamp Regains Control of One of the World’s Largest Iron Titanium Historic Deposits: Announces Results of Magpie Mines AGM
Globenewswire· 2025-07-21 12:30
Company Overview - Fancamp Exploration Ltd. has regained control of Magpie Mines, which holds the Magpie deposit, one of the world's largest undeveloped hard rock iron-titanium deposits located in Havre St-Pierre, Québec [3][4] - The company holds approximately 96% of the issued and outstanding shares of Magpie Mines and a 2% net smelter return royalty on the Magpie Titanium property [4] Management Changes - At the Annual General Meeting of Magpie Mines, shareholders voted to elect three directors: Rajesh Sharma, Mark Billings, and Charles Tarnocai [1] - Mark Billings has been appointed as Chairman, Rajesh Sharma as President and CEO, Arnab Kumar De as CFO, and Debra Chapman as Corporate Secretary [2] Resource Potential - The Magpie Fe-Ti-V deposit is recognized as one of the largest undeveloped titanium resources globally, with significant vanadium deposits [5] - The Magpie 2 deposit has an Historical Mineral Resource Estimate of 635.2 million tonnes grading 42.49% Fe, 11.20% TiO₂, and 0.3% V₂O₅ in the indicated category, with an additional inferred resource of 239.2 million tonnes [6] - The project shows significant expansion potential in four previously undrilled areas with geological characteristics similar to the main deposit [7] Strategic Importance - Titanium and vanadium are critical minerals with applications in aerospace, medical technology, specialty steel, and batteries, facing global supply chain challenges [7] - The Magpie deposit is a principal source for vanadium extraction, which is essential for various industries [7] Future Plans - The company will determine the next steps to advance the Magpie asset, considering the strategic importance of titanium in light of global supply chain challenges [3]
NEVADA KING FILES TECHNICAL REPORT FOR THE MINERAL RESOURCE ESTIMATE AT ATLANTA INCLUDING OVER 1MOZ OF M&I
Prnewswire· 2025-07-21 10:30
Core Viewpoint - Nevada King Gold Corp. has filed a National Instrument 43-101 technical report detailing the gold and silver mineral resources for the Atlanta Project in Lincoln County, Nevada, which is now available on SEDAR+ and the company's website [1][3]. Group 1: Technical Report Details - The technical report titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the Atlanta Project, Lincoln County, Nevada, USA" was prepared by RESPEC and has an effective date of September 6, 2024, with a report date of July 18, 2025 [1][3]. - The Atlanta Gold Mine project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020,000 ounces of gold in the measured and indicated category, comprising 27.7 million tonnes at a grade of 1.14 g/t [3][4]. - An inferred resource of 98,500 ounces of gold is also reported, consisting of 3.6 million tonnes at a grade of 0.84 g/t [3][4]. Group 2: Mineral Resource Estimates - The measured resources at the Atlanta Mine total 3,430,100 tonnes with an average grade of 1.55 g/t, equating to 170,800 ounces of gold and 1,870,200 ounces of silver [4]. - The indicated resources amount to 24,280,200 tonnes at an average grade of 1.09 g/t, totaling 848,800 ounces of gold and 6,817,200 ounces of silver [4]. - The combined measured and indicated resources (M&I) are 27,710,300 tonnes at an average grade of 1.14 g/t, resulting in 1,019,600 ounces of gold and 8,687,400 ounces of silver [4]. - The inferred resources consist of 3,638,400 tonnes at an average grade of 0.84 g/t, yielding 98,500 ounces of gold and 299,500 ounces of silver [4].