Core Insights - Denison Mines Corp. announced the discovery of additional high-grade mineralization at the Gryphon uranium deposit, with drill hole WR-837AD2 intersecting 2.3 metres at 1.69% eU3O8, including 0.5 metres at 5.48% eU3O8, approximately 40 metres outside the previously estimated mineralized domain [1][2][4] Group 1: Discovery and Drilling Results - The delineation drill program at Gryphon was highly successful, confirming the geological interpretation and intersecting uranium grades in line with expectations [2][3] - Drill hole WR-837AD2 indicates potential expansion of the D1 zone by approximately 40 metres in the down-plunge direction, justifying further follow-up drilling [10] - A total of approximately 12,500 metres of diamond drilling was completed in the 2025 delineation program, confirming the current geological interpretation and supporting the grade-thickness assumptions in the resource block model [12][13] Group 2: Resource Estimates and Economic Potential - Gryphon is estimated to contain Indicated Mineral Resources of 61.9 million pounds U3O8 at an average grade of 1.7% U3O8, with additional resources of 1.9 million pounds U3O8 at an average grade of 1.2% U3O8 [5][6] - The 2018 Pre-Feasibility Study (PFS) assessed Gryphon's potential for underground mining, highlighting robust economics with an estimated after-tax base-case Net Present Value (NPV) of $864.2 million and an internal rate of return (IRR) of 37.6% [7] Group 3: Future Development Plans - The company is developing plans to follow up on the high-grade mineralization results and test other expansion targets [4][10] - Approximately 250 kg of whole-core samples were collected for metallurgical test work to assess uranium recoveries, supporting future project evaluation efforts [18][20] - Geotechnical and hydrogeological data collected from the drilling program will enhance understanding for future mine-design planning [19][20]

Core Insights - Maple Gold Mines Ltd. has reported significant high-grade gold mineralization at its Douay Gold Project, with notable results from the 531 Zone and Nika Zone, indicating potential for bulk tonnage underground gold mineralization at depth [1][2][3] Group 1: Drilling Results - In the 531 Zone, drill hole DO-25-351 intersected 4.87 g/t Au over 15.0 m, including 11.25 g/t Au over 5.0 m [2] - Drill hole DO-25-352 returned 3.66 g/t Au over 11.4 m, including 11.04 g/t Au over 2.85 m, within a broader mineralized envelope of 1.41 g/t Au over 49.5 m [2] - In the Nika Zone, drill hole DO-25-54Ext intersected 2.21 g/t Au over 31 m, including 5.54 g/t Au over 7 m, within a broader mineralized envelope of 1.26 g/t Au over 60 m [2][3] Group 2: Program Overview - The 2025 winter drill campaign consisted of 21 diamond drill holes totaling 12,240 m, with a focus on expanding the Douay mineral resource estimate (MRE) [4][5] - The program was completed on time and under budget, with all-in direct drilling costs at $300/m compared to a budgeted $400/m [6] - The drilling aimed to de-risk and expand the Douay MRE, focusing on understanding the controls and demonstrating continuity of high-grade mineralization [4][6] Group 3: Future Plans - The company plans additional step-out drilling in the 531 Zone and Nika Zone later this year, with an updated MRE expected in H2 2025 [3][33] - A summer surface exploration program has commenced, including geological mapping, prospecting, geochemical sampling, and ground geophysical surveys [33] - The company is also preparing for a 3,000-m drill program at its Joutel Gold Project planned for Fall 2025 [34]

Core Insights - The Abore deep drilling program confirmed the continuity of mineralization 200m below the current Mineral Reserve, indicating potential for future resource expansion [1][2] - The program's results suggest that the mineralizing system remains open in all directions and carries sufficient grades and widths to support bulk underground mining development [1][2] Drilling Results - The completed deep drilling program consisted of four holes totaling 1,907m, successfully intersecting mineralized granite in all holes [1][2] - Notable intercepts include: - Hole ABDD25-350: 36.2m @ 2.5 g/t Au, including 22m @ 3.8 g/t Au [6][7] - Hole ABPC25-356: 16.1m @ 3.1 g/t Au [8] - The results build on previous drilling successes and confirm the presence of controlling structures and host lithologies below previously drilled areas [2] Infill Drilling Program - Following positive results from a Phase 1 drilling program, a Phase 2 infill drilling program has commenced to further test mineralization extensions below the boundaries of Abore's Mineral Reserve and Resource [3] Mineral Resource Estimates - Abore has current Measured and Indicated Mineral Resources of 638,000 ounces at 1.24 g/t Au and Inferred Mineral Resources of 78,000 ounces at 1.17 g/t Au, as of December 31, 2024 [4] Geological Context - The Abore deposit is located along the Esaase shear corridor and is characterized by a sedimentary sequence intruded by granite, with mineralization primarily constrained to the granite [5]

TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the "Company" or "Emerita") continues to intersect copper-gold mineralization with associated zinc-lead-silver at its ongoing drilling campaign at its El Cura deposit. El Cura is part of Emerita's wholly owned Iberian Belt West project ("IBW" or the "Project"; Figure 1) which includes three identified Volcanogenic Massive Sulfide (VMS) deposits: La Romanera, El Cura and La Infanta. Results contained in ...

Core Insights - Osisko Metals has announced significant new drill results from the Gaspé Copper Project, confirming the large-scale potential of mineralization in the area [2][3] - The company is actively expanding its drilling program, now utilizing nine drill rigs to accelerate resource definition and expansion [3] Drill Results - Drill hole 30-1090 intersected 279.0 metres averaging 0.49% Cu and 3.35 g/t Ag, with a notable second intercept of 108 metres averaging 0.84% Cu and 7.79 g/t Ag [8][9] - Other significant results include: - Drill hole 30-1078: 256.5 metres averaging 0.25% Cu and 1.79 g/t Ag, and 381.0 metres averaging 0.22% Cu and 1.69 g/t Ag [10] - Drill hole 30-1079: 319.5 metres averaging 0.28% Cu and 2.14 g/t Ag, and 180.0 metres averaging 0.37% Cu and 2.54 g/t Ag [11] - Drill hole 30-1081: 301.8 metres averaging 0.41% Cu and 3.36 g/t Ag, and 44.5 metres averaging 0.23% Cu and 1.32 g/t Ag [12] - Drill hole 30-1084: 471.4 metres averaging 0.25% Cu and 1.95 g/t Ag, followed by 55.4 metres averaging 0.33% Cu and 2.64 g/t Ag, and 89.7 metres averaging 0.29% Cu and 1.93 g/t Ag [13] - Drill hole 30-1080: 520.5 metres averaging 0.23% Cu and 1.02 g/t Ag, and 195.0 metres averaging 0.26% Cu and 1.28 g/t Ag [14] Project Overview - The Gaspé Copper Project is located in the Gaspé Peninsula of Eastern Québec and is focused on resource expansion [2][24] - The current Indicated Mineral Resources are 824 million tonnes averaging 0.34% CuEq, while Inferred Mineral Resources are 670 million tonnes averaging 0.38% CuEq [24] - The project is strategically located near existing infrastructure in a mining-friendly province [24] Future Plans - The ongoing drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and to test for further expansion of the mineralization [17][19] - The next MRE update is scheduled for Q1 2026, which will include new mineralized intersections below the current MRE model [19]

Core Viewpoint - NexGold Mining Corp. has reported additional results from its diamond drilling program at the Goliath Gold Complex, indicating promising gold mineralization and potential for resource expansion [1][3][21] Drilling Results - The company has completed 21,000 metres of a planned 25,000-metre drill program, with the latest drilling covering 6,355 metres across 30 holes [1][2] - Drilling at the Goliath Deposit focused on infilling shallow zones of mineralization, with 1,749 metres drilled in 14 holes, targeting specific areas within the planned open pit [2][3] - The Eastern Alteration Corridor (EAC) prospect received 993 metres of drilling in four holes, located approximately 1.0 kilometre northeast of the Goliath Deposit, also intersecting gold mineralization [2][3] Selected Drill Intercepts - Significant drill intercepts include: - 1.05 g/t gold over 21.20 metres in hole TL25710, with high-grade intervals of 16.20 g/t over 0.70 metres [4][8] - 13.67 g/t gold over 1.75 metres in hole TL25698, including 34.20 g/t over 0.68 metres [4][8] - 1.45 g/t gold over 7.67 metres in hole TL25701, with notable intervals of 2.75 g/t over 0.98 metres [4][8] - 4.97 g/t gold over 0.80 metres in hole GSW-25-04 at Goldlund Southwest [7][10] Future Exploration Plans - The company plans further drilling at the EAC prospect to assess the extent of gold mineralization and its potential inclusion in future development [3][21] - Current drill results will not impact the ongoing Feasibility Study but may contribute to future Mineral Resource updates [21] Financial Update - NexGold has elected to issue 1,317,385 common shares to Sprott Resources Streaming and Royalty Corp. to satisfy a minimum payment of US$675,000 under a royalty agreement [13]

Core Insights - Prime Mining Corp. reported its operating and financial results for Q1 2025, focusing on the Los Reyes Gold-Silver Project in Mexico [1][2] - The company is preparing for a Preliminary Economic Assessment and has a planned 40,000m drill program for 2025 [3][12] Corporate Highlights - The company ended Q1 2025 with $18 million in cash, supporting its drilling campaign [2] - Total assets as of March 31, 2025, were $33.05 million, with total liabilities at $1.39 million [11] Exploration Highlights - Significant drilling results were reported from the Z-T Trend and Central Trend, with high-grade gold and silver intersections [4][5] - The Fresnillo Generative Target was extended by 120 meters, with notable grades reported [5][6] Community Engagement and Environmental Strategy - The company is actively gathering environmental and community data to support its ESG programs [8] - A sustainability report was released in April 2023, with a new report expected soon [9] Financial Data - The loss for Q1 2025 was $3.62 million, an improvement from a loss of $6.45 million in Q1 2024 [11] - Loss per share decreased from $(0.04) in Q1 2024 to $(0.02) in Q1 2025 [11] Future Outlook - The company plans to continue its drilling program to identify new targets and expand existing resources [12] - Ongoing drilling suggests that the main deposit areas are larger than previously reported, with potential for new discoveries [19]