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Focus Graphite Announces Final Results From 2022 Drill Program at Lac Tetepisca; West Limb Extends Mineralized Strike to 8 KM
TMX Newsfile· 2025-12-18 10:00
Core Insights - Focus Graphite Inc. has reported the final assay results from its 2022 exploration and definition drilling program at the Lac Tetepisca Graphite Project, confirming significant mineralization and extending the strike length of the deposit to approximately 8 kilometers [1][2][4] Summary by Sections Exploration Results - The 2022 drilling program included 74 diamond drill holes totaling 14,900.5 meters, with all assay results now received and released [7][13] - Significant mineralization was confirmed in the West Limb and Southwest MOGC targets, with multiple holes returning high-grade intervals, including 39.16 meters at 9.02% Graphitic Carbon (Cg) [13][25] Mineral Resource Estimate - The completion of the assay results allows the company to advance an updated Mineral Resource Estimate (MRE), anticipated in Q1 2026, which will incorporate all 2022 drill holes [4][6] - The current maiden resource, defined in April 2022, includes an Indicated Resource of 59.3 million tonnes grading 10.61% Cg and an Inferred Resource of 14.9 million tonnes grading 11.06% Cg [5][6] Geological Context - The MOGC flake graphite deposit is part of the Lac Tetepisca Project, located in Quebec's Cote-Nord region, and is characterized by a linear 1.5 km segment of an 8 km long folded geophysical anomaly [5][37] - The West Limb zone shows continuity of broad low-grade graphitic mineralization, which will be considered in the upcoming MRE update [4][23] Technical Milestones - The completion of the full assay dataset represents a major technical milestone, enabling the company to reassess the scale, continuity, and development potential of the Lac Tetepisca project [13][23] - The drilling program aimed to convert Inferred resources to Indicated and to test the graphite abundance related to the magnetic anomalies [14][23]
Sierra Madre Announces Agreement to Acquire the Del Toro Silver Mine from First Majestic Silver and Concurrent $50 Million Offering of Subscription Receipts
TMX Newsfile· 2025-12-17 21:50
Addition of second production-ready asset to the Sierra Madre portfolioDel Toro mine restart to follow La Guitarra ExpansionsVancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Purchase Agreement") on December 17, 2025 to acquire the Del Toro Silver Mine in the Chalchihuites District in Mexico ("Del Toro") from First Majes ...
Tudor Gold Provides 2025 Year End Review and Strategy for 2026
TMX Newsfile· 2025-12-17 10:00
Core Insights - Tudor Gold Corp. is advancing its Treaty Creek Project in British Columbia, focusing on gold resource expansion and strategic objectives for 2026 [1][6]. Exploration Program Summary - The 2025 exploration program at Treaty Creek involved 5,052 meters of drilling, successfully confirming higher-grade gold structures within the Goldstorm Deposit [3][4]. - The Goldstorm Deposit has an Indicated Mineral Resource of 730.20 million tonnes containing 21.66 million ounces of gold at a grade of 0.92 g/t, and an Inferred Mineral Resource of 149.61 million tonnes with 4.88 million ounces of gold at a grade of 1.01 g/t [2][26]. Upcoming Resource Estimates - An updated Mineral Resource estimate is underway, incorporating approximately 15,000 meters of drill data from 2024 and 2025, expected to be completed in January 2026 [4][6]. Financial Position - The company has secured approximately $24.5 million through two financings to support its development strategy for the Treaty Creek Project [7]. Development Strategy - Tudor Gold aims to develop a mid-size underground mine targeting higher-grade gold mineralization of around two grams per tonne, with plans for an underground exploration ramp to facilitate efficient drilling [6][19]. Additional Exploration Plans - The 2026 exploration season will focus on expanding known zones of higher-grade gold mineralization, including the Perfectstorm, CBS, and Eureka zones [8][12][15]. Corporate Initiatives - The company is negotiating to resolve land use conflicts with Seabridge Gold and is advancing towards consolidating 100% ownership of the Treaty Creek Project [22][23].
Lahontan Commences Drilling at West Santa Fe
Accessnewswire· 2025-12-16 12:30
TORONTO, ON / ACCESS Newswire / December 16, 2025 / Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (the "Company" or "Lahontan") is pleased to announce that it has commenced drilling at its West Santa Fe project, located only 13 km from the Company's Flagship Santa Fe Mine project in Nevada's prolific Walker Lane. A Foremost MPD-1500 track-mounted reverse-circulation drill rig and support equipment has begun Lahontan's maiden drill campaign at West Santa Fe. The initial focus of the West Santa Fe drilling pr ...
Kenorland Minerals Reports Maiden Inferred Resource of 14.5 Mt at 5.47 g/t Au for 2.55 Million Ounces at the Frotet Project, Quebec, Where It Holds a 4% NSR Royalty
TMX Newsfile· 2025-12-16 12:30
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce a maiden Inferred Mineral Resource of 14.5 Mt at 5.47 g/t for 2.55 million ounces (Moz) of gold for the Regnault gold deposit at the Frotet Project (the "Project") in northern Quebec. Kenorland holds a 4% NSR royalty (the "Frotet Royalty") across the entirety of the Project, which is 100% owned and operated by Sumitomo Metal ...
TDG Gold Delivers Transformational 2025 and Advances 2026 Growth Strategy with a Strong Treasury
Globenewswire· 2025-12-16 12:00
VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- TDG Gold Corp. (TSXV: TDG | OTCQX: TDGGF) (the “Company” or “TDG”) is pleased to provide a year-end corporate update highlighting a year of significant operational, financial, and exploration achievements in 2025, while outlining a focused and well-funded strategy for continued growth in 2026. During 2025, TDG delivered a series of transformational milestones that materially advanced the Company’s scale, asset quality, and market profile. These ...
Aya Gold & Silver Files Updated Technical Report for the Zgounder Silver Mine
Globenewswire· 2025-12-16 12:00
MONTREAL, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce the filing of an updated NI 43-101 Technical Report for the Zgounder Deposit (“Zgounder”) (the “Technical Report”). The Technical Report includes updated Proven & Probable Mineral Reserves (“P&P Reserves”), and Mineral Resource Estimate (“MRE” or “Mineral Resource Estimate”), along with an accompanying updated Life of Mine (“LOM”) plan. The Mineral Resource Estimate ...
Magna Mining to Initiate a Pre-Feasibility Study on the Crean Hill Nickel-Copper-Precious Metals Project in Sudbury, Ontario
Globenewswire· 2025-12-16 11:45
Core Viewpoint - Magna Mining Inc. has engaged Technica Mining Inc. to conduct a pre-feasibility study on its 100% owned Crean Hill Project, which is expected to enhance the project's economic assessment and support the company's vision of becoming a multi-mine producer in the Sudbury Basin [1][2]. Project Overview - The Crean Hill Project is located in Sudbury, Ontario, Canada, and has shown a promising combination of base and precious metals [1][2]. - The pre-feasibility study (PFS) will build on the Preliminary Economic Assessment (PEA) completed in 2024, which indicated a potential mine life of 13 years and modest pre-production capital costs [2][6]. Financial Highlights - The 2024 PEA highlighted a low pre-production capital cost of CAD 27.7 million, with projected Advanced Exploration (AdEx) capital costs of CAD 48.5 million and revenues of CAD 16.4 million [6]. - The after-tax Net Present Value (NPV) at an 8% discount rate is CAD 194.1 million, with an Internal Rate of Return (IRR) of 129% based on conservative metal prices [6]. Mining Operations - The PEA envisions an underground mining operation with an average production rate of 2,200 tonnes per day and an average Life of Mine (LOM) operating cost of CAD 158 per tonne [6]. - The project is expected to yield 195.5 million pounds of nickel, 169.5 million pounds of copper, 313,000 ounces of platinum, 359,000 ounces of palladium, and 117,000 ounces of gold over its lifespan [6]. Resource Estimates - The Crean Hill Mineral Resource Inventory, effective April 15, 2024, includes significant contact nickel-copper zones and lesser amounts of footwall copper-nickel-precious metals [5][8]. - The indicated resource is 18,444,000 tonnes with grades of 0.87% Cu and 1.01% Ni, while the inferred resource is 989,000 tonnes with grades of 0.53% Cu and 0.70% Ni [8]. Future Plans - The PFS is set to commence in January 2026 and is expected to be completed by Q3 2026, incorporating results from a 20,000 tonne bulk sample program conducted in late 2024 [2][6]. - Engineering advancements for a connection to grid power and a permanent dewatering system are ongoing, which will benefit the project's economic evaluation [2].
McFarlane Receives Exploration Permit
Globenewswire· 2025-12-15 12:30
Core Insights - McFarlane Lake Mining Limited has received an Exploration Permit for the Juby Gold Project, marking a significant milestone for the company as it prepares for a major drilling campaign [1][2][3] Exploration Permit and Drilling Plans - The Exploration Permit allows for various activities including diamond drilling, line cutting, and geophysical surveys, enabling the company to execute an expanded drilling program targeting priority areas identified through geological modeling [3][5] - The company has established partnerships with two drilling contractors, including Bagone'an and Wiijiiwaagan Drilling Limited Partnership, which involve local First Nations, enhancing operational depth and community participation [4][5] 2026 Drill Program Objectives - The upcoming 2026 drill program is anticipated to be one of the most significant in the project's history, aiming to expand known mineralized zones, evaluate new targets, and strengthen relationships with local and Indigenous communities [6][7] Mineral Resource Estimates - The current Mineral Resource Estimate (as of September 29, 2025) indicates 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold, and an additional 3.17 million ounces in the Inferred category at an average grade of 0.89 g/t gold [8][9] - A sensitivity analysis at a higher gold price of US$3,750 per ounce suggests an increase in the Indicated Mineral Resource to 1.20 million ounces and Inferred Mineral Resource to 4.23 million ounces [9] Company Overview - McFarlane Lake Mining Limited is focused on advancing its flagship Juby Gold Project located in the Abitibi Greenstone Belt, with a portfolio of 100%-owned gold assets across Ontario [12]
Total Metals files Technical Report for the High Lake -- West Hawk Lake Project; High Grade Gold Resource Confirmed
Thenewswire· 2025-12-15 11:10
December 15, 2025 – TheNewswire - Toronto, ON - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to announce the filing of a technical report (“Technical Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and independently prepared by English River Geoscience Ltd. for the 100% owned High Lake – West Hawk Lake Project (“Project”). The Technical Report was completed and filed to sati ...