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Carolina Rush-OceanaGold Partnership to Commence Deep Drilling at Brewer in January 2026
Newsfile· 2025-12-08 11:30
Core Insights - Carolina Rush Corporation has entered into an Earn-In Option Agreement with OceanaGold Corporation, which became active on November 26, 2025, following the receipt of all required approvals [1][2] - The partnership aims to explore the Brewer Gold-Copper Project, with an initial deep-drilling campaign set to begin on January 5, 2026, involving approximately 3,000 meters of drilling [2][3] Company Overview - Carolina Rush Corporation is focused on the Brewer Gold-Copper Project in South Carolina, which is characterized by near-surface Au-Cu epithermal mineralization and potential for deeper porphyry-style mineralization [9] - The Brewer project is located 13 km from OceanaGold's Haile Gold Mine, which has a production guidance of 170,000-200,000 ounces of gold for 2025 [9] Exploration Program - The Stage 1 exploration program requires OceanaGold to spend a minimum of US$1.5 million, with a total of US$8 million needed by the end of 2027 to earn a 50% interest in the Brewer Project [2][3] - The initial drilling will focus on high-priority porphyry copper-gold targets identified through geological mapping, geochemistry, and geophysical surveys [3][4] Drilling Details - The drilling campaign includes three planned holes: - DDH A-1: approximately 1,500 meters to test a potential porphyritic intrusion beneath the former Brewer Mine [6] - DDH A-2: approximately 1,500 meters, contingent on A-1 results, to evaluate the southern margin of a deep resistivity anomaly [6] - DDH B-1: approximately 1,000 meters to assess a separate deep MT-IP anomaly in an area with previously untested mineralization [6]
Silver47 Announces Upgrade to OTCQX
Newsfile· 2025-12-05 12:00
Core Points - Silver47 Exploration Corp. has upgraded its common shares to trade on the OTCQX Best Market under the ticker symbol "AAGAF" from the OTCQB, enhancing visibility and accessibility to U.S. investors [1][2] - The company continues to trade on the TSX Venture Exchange under the symbol AGA [1] - Silver47 is focused on developing silver-rich deposits in North America, with a total resource of 236 million ounces of silver equivalent (AgEq) at an inferred grade of 334 grams per tonne (g/t) AgEq and 10 million ounces at an indicated grade of 333 g/t AgEq [3] Company Overview - Silver47 Exploration Corp. is a mineral exploration company with operations in Alaska, Nevada, and New Mexico, targeting high-grade silver deposits [3] - The company aims to become a leading U.S.-focused silver developer [3] - Detailed resource estimates and technical reports are available on SEDAR+ [3][4]
Solis Minerals reveals 3D model for Cucho Project - ICYMI
Proactiveinvestors NA· 2025-12-05 07:13
Core Viewpoint - Solis Minerals Ltd has released 3D geophysical modelling for the Cucho Project in Peru, confirming drill targets ahead of a planned 2026 campaign, integrating historical datasets and reinforcing confidence in the project [1][2][8]. Group 1: Project Developments - The 3D model integrates data from seven previous drill holes, geochemical mapping, and geophysical surveys, all of which encountered mineralisation [1][7]. - A drone-borne magnetic survey is set to begin in the coming weeks to replace outdated magnetometer data from 10 to 12 years ago, aiding in drill planning [2][10]. - The modelling exercise has helped prioritize zones for follow-up drilling, with CEO Mitch Thomas expressing strong enthusiasm for the upcoming drilling campaign [2][8]. Group 2: Future Expectations - Solis anticipates a strong close to the 2025 calendar year, awaiting assay results from two drilling programs completed this year [3][11]. - The company is in the final stages of securing government approvals for the Santos project, with daily communication with local authorities indicating imminent results [3][11]. - Outcomes from the Cucho, Santos, and ongoing assay campaigns are expected to position the company for a busy exploration season in 2026 [4].
Forrest Kerr project option agreement signed with Kingfisher Metals
Yahoo Finance· 2025-12-04 14:51
Core Viewpoint - Aben Gold has granted Kingfisher Metals a three-year option to acquire a 100% interest in the Forrest Kerr gold project, enhancing Aben's focus on its Yukon gold exploration efforts while providing immediate financial benefits [1][3]. Group 1: Transaction Details - Kingfisher can earn a 100% interest in the Forrest Kerr claims by fulfilling cash and share issuance commitments totaling C$2.7 million (approximately $1.93 million) over three years [2]. - All shares issued under the agreement will be subject to a four-month-and-one-day statutory hold period, and Aben will not pay any finders' fees or commissions related to the transaction [2]. Group 2: Project Overview - The Forrest Kerr project consists of 50 mineral claims covering approximately 20,197 hectares in a region known for gold and base metal exploration [1]. - Kingfisher will act as the operator during the option period, overseeing exploration activities across the claim block [4]. Group 3: Exploration Potential - Historical exploration has yielded high-grade gold intercepts, including 4 meters of 90.27 grams per tonne (g/t) Au and 1.95 meters of 91.6 g/t Au, indicating significant mineralization potential [5]. - The project is located within a major long-lived geological structure in the Golden Triangle and has not yet undergone modern high-level geological targeting [5]. Group 4: Strategic Intent - Aben's CEO stated that this transaction allows the company to focus entirely on its flagship Justin Gold Project in Yukon, while Kingfisher consolidates the Golden Triangle [3][6]. - Kingfisher's strategy emphasizes efficient consolidation within the Golden Triangle, aligning with their growth objectives [6].
Supreme Critical Metals Announces Till Sampling Program at Silver Vista Silver-Copper Project, British Columbia
Newsfile· 2025-12-04 13:57
Core Insights - Supreme Critical Metals Inc. has engaged SLR Consulting to conduct a till sampling program at the Silver Vista Silver-Copper Property, aimed at evaluating potential extensions of silver and copper targets and supporting drill planning for the 2026 field season [1][2][3] Group 1: Till Sampling Program - The till sampling program will start soon, lasting approximately two weeks and involving around 50 samples [2] - Initial activities will include mobilization, program design, and integration of geological and geophysical datasets [2] - The field program will focus on priority target areas, with all samples processed following industry-standard QA/QC protocols [2][9] Group 2: Project Significance - The till sampling program is crucial for advancing Silver Vista toward drill-ready status, coinciding with a rise in silver and copper values [3] - Data from the sampling will be integrated with existing datasets to refine structural interpretations and define priority drill targets [3] Group 3: Property Overview - The Silver Vista Silver-Copper Property spans 4,839 hectares and is accessible year-round, hosting significant mineralization potential [5] - Historical drilling has revealed broad mineralized zones, including 46 meters averaging 48 g/t silver and 0.62% copper, with multiple untested targets remaining [5][7] Group 4: Company Background - Supreme Critical Metals Inc. is a publicly traded exploration company focused on high-potential silver, copper, uranium, and gold properties across North America [12] - The company employs a disciplined, data-driven acquisition strategy in mining-friendly jurisdictions [12]
Conquest Resources Signs LOI to Acquire the Valimaki Gold Project in Finland
Newsfile· 2025-12-03 12:01
Conquest Resources Signs LOI to Acquire the Valimaki Gold Project in FinlandDecember 03, 2025 7:01 AM EST | Source: Conquest Resources LimitedToronto, Ontario--(Newsfile Corp. - December 3, 2025) - Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") is pleased to provide announce that it has entered into a Letter of Intent ("LOI") to acquire 100% of the outstanding shares of Carrigel Ltd. on November 27, 2025, a private company incorporated in Ireland, which owns a 100% intere ...
Power Metallic Intercepts 4.40 Meters of 12.18% Cu (14.34% CuEqRec) included within 20.40 Meters of 2.91% Cu (3.58% CuEqRec) in Hole 25-029b at Lion, and Completes the Extension of PN-24-064 to define large off-hole BHEM anomaly
Prnewswire· 2025-12-02 08:00
Core Viewpoint - Power Metallic Mines Inc. has reported positive results from its summer drilling program, indicating significant mineralization extensions in the Lion Zone and outlining future exploration objectives for the fall and winter seasons [1][5][20]. Summer Drilling Results - The summer drilling program focused on extending the Lion Zone and infilling to define the zone geometry for future mineral resource estimates. High-grade intersections were reported, including 4.40m at 14.34% CuEqRec in hole PML-25-029b and 1.59m at 27.92% CuEqRec in hole PML-25-025 [2][3][5]. - The drilling confirmed the grade of the Lion zone and increased the size of the interpreted high-grade lodes [2]. Nisk East Drilling - Drilling at the Nisk East target revealed modest intersections of Ni-Cu-Pd mineralization, with hole PMN-25-005 reporting 4.00m of 2.34% CuEqRec. The area is being reassessed following recent land acquisitions [6][7]. Future Exploration Plans - The company plans to target three strategic areas for further exploration, including the Deep Tiger anomaly and the Hydro Lands, with drilling expected to commence in 2026 [5][6]. - The exploration team is optimistic about the potential for new discoveries and is well-funded for upcoming work programs [6]. Geological Insights - The Deep Tiger target is based on reinterpretation of previous drilling, suggesting the presence of massive Ni-Cu sulphides in tonalitic intrusions. Recent surface mapping supports this hypothesis [8][14]. - The company is currently assessing logistical options for drilling into a significant off-hole anomaly identified in previous surveys [15]. Company Overview - Power Metallic is focused on advancing the Nisk Project Area, which includes high-grade Copper-PGE, Nickel, gold, and silver systems, aiming to develop Canada's next polymetallic mine [20][21]. - The company has expanded its land holdings significantly, now controlling approximately 212.86 km² of prospective basin margins [21].
Pan American Silver Provides 2025 Year End Exploration Update
Businesswire· 2025-12-01 22:03
Core Insights - Pan American Silver Corp. has provided an exploration update for 2025, highlighting significant advancements in its long-term exploration strategy aimed at replacing and growing mineral resources across several key operations [2][3][4]. Exploration Highlights - **Jacobina Mine**: Exploration focused on the Maricota zone has confirmed the potential to expand inferred gold resources, with notable drill results including 8.97m at 5.67 g/t Au, extending resources approximately 300m down dip and along strike [3][8]. - **El Peñon Mine**: Increased exploration has confirmed and extended mineralization in core mine structures and satellite deposits, with significant results such as 1.40m at 31.20 g/t Au and 81 g/t Ag [3][9]. - **La Colorada Mine**: Infill and exploration drilling have expanded the estimated 52.7 million ounces of inferred silver mineral resources, with notable results including 15.7m at 201 g/t Ag [4][11]. - **Timmins Projects**: Drilling at Whitney and Vogel has indicated mineral resource potential, with significant intercepts including 1.15m at 399.43 g/t Au [6][15]. - **Huaron Mine**: Drilling has extended mineral resources with significant results such as 1.57m at 627 g/t Ag and 15.46% Pb [12][14]. - **Minera Florida**: Infill and exploration drilling have confirmed the continuity of mineralization, with highlights including 1.06m at 20.19 g/t Au [16][19]. - **Cerro Moro**: Shallow exploration and infill drilling at the Naty Condor discovery have yielded notable results, including 17.95m at 13.51 g/t Au and 228 g/t Ag [20][21]. Drilling Statistics - For the period from November 2024 to October 2025, a total of 540,000 metres of drilling is planned, with 333,830 metres already completed, representing 70% of the total [2][7]. - The exploration program emphasizes near-mine exploration and resource conversion across the company's portfolio of operating mines [2][3]. Future Prospects - The company aims to continue expanding its mineral resources through ongoing exploration efforts, particularly in areas with confirmed geological continuity and high-grade potential [2][4][8]. - New target areas have been identified, such as Lagartixa and Canavieiras Extension, which hold significant potential for adding new mineral resources [7][8].
Emerita Announces Airborne Mag-EM Geophysical Survey Over Western Spanish Pyrite Belt
Globenewswire· 2025-12-01 12:00
TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) announces a 1,536km Helicopter time-domain electromagnetic and magnetic (HTEM) aerial geophysical survey over the Iberian Belt West (IBW) project and the adjacent San Antonio exploration project to commence in December 2025. The survey will cover the existing IBW deposits (La Romanera, El Cura and La Infanta) which will provide signatures to prioritize anomalies associated wi ...
Quimbaya Gold Confirms Discovery of Two Mineralized Vein Structures at Tahami South, Colombia
Newsfile· 2025-12-01 07:45
Core Insights - Quimbaya Gold Inc. has confirmed the discovery of two new mineralized vein systems at its Tahami South Project in Colombia, indicating a significant mineralized system in a productive gold district [1][3][7] Exploration Results - The ongoing drill program at Tahami South has intersected mineralization in 8 out of 9 drill holes, demonstrating strong structural continuity and targeting accuracy [5][8] - The identified vein systems include Vein S and Vein V, which are consistent with regional quartz vein systems [2][7] - The mineralization consists of quartz, barite, carbonate veining, and a sulphide assemblage including pyrite, chalcopyrite, galena, and sphalerite [5] Strategic Implications - The discovery validates Quimbaya's exploration thesis that district-scale mineralized structures extend beyond known mines into underexplored areas [7][8] - The company has extended its drilling program beyond the initial scope due to encouraging early results, with over 4,000 meters drilled to date [5][8] Financial Position - In the second half of 2025, Quimbaya issued 2,169,164 common shares through the exercise of stock options and warrants, raising gross proceeds of C$874,665, which strengthens the company's treasury for a fully funded 2026 drill campaign [18] - The company has also granted 614,034 Restricted Share Units (RSUs) to senior management and board members to align long-term performance with shareholder value [19]