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Mithril Silver and Gold Returns 11.5m @ 8.61 g/t Gold, 57.6 g/t Silver from 44.5 Metres in Hole T2DH25-006 at Target 2 Area, Copalquin Property, Mexico
Newsfile· 2025-05-20 11:30
Mithril Silver and Gold Returns 11.5m @ 8.61 g/t Gold, 57.6 g/t Silver from 44.5 Metres in Hole T2DH25-006 at Target 2 Area, Copalquin Property, MexicoNew High-Grade Drilling Discovery in First Round of Shallow DrillingMay 20, 2025 7:30 AM EDT | Source: Mithril Silver and Gold LimitedMelbourne, Australia and Vancouver, British Columbia--(Newsfile Corp. - May 20, 2025) - Mithril Silver and Gold Limited (TSXV: MSG) (ASX: MTH) ("Mithril" or the "Company") is pleased to provide high-grade maiden d ...
Midland Commences a Gold Exploration Program on Its Caniapisc Au Project, James Bay
Globenewswire· 2025-05-20 11:30
Core Viewpoint - Midland Exploration Inc. has initiated an exploration program for gold at its Caniapisc Au project, which includes geological mapping, prospecting, and an extensive soil sampling program to validate historical gold anomalies and assess the project's gold potential [1][3][5]. Exploration Program - The summer 2025 exploration program is set to begin in early June, involving geological mapping and a soil sampling program with a total of 400 soil samples planned at 200-meter spacing along lines spaced at 400 meters [3]. - A reconnaissance campaign in 2024 validated three historical till gold anomalies and conducted a geological assessment, completing a survey with five till samples [4]. Geological Findings - Results from the five till samples confirmed historical gold anomalies, with one sample returning 100 gold grains per 10 kg of till, indicating a strong anomaly [5]. - Additional samples showed 59 gold grains per 10 kg of till, with three strong gold anomalies observed in the fine fraction of the till, suggesting multiple distinct gold sources in the area [5]. Prospecting Results - Prospecting work in 2024 identified boulder fields and outcrops, with 47 out of 55 grab samples collected near historical gold anomalous tills yielding anomalous gold values ranging from 0.10 to 0.75 g/t Au [6]. - The mineralization is primarily associated with sedimentary host rocks, with pyrite and silica alteration being prevalent [6]. Project Location and Geological Context - The Caniapisc Au project is located within the Ashuanipi Subprovince, characterized by a volcanosedimentary belt, and is strategically positioned north of historical mineralization showings [7]. - Historical exploration has indicated the potential for various mineralization types in the surrounding area, including volcanogenic and porphyry deposits [7]. Quality Control and Analysis - Rock samples from the project were analyzed using industry-standard methods, ensuring quality control through the use of standards and blanks [8][9].
Apollo Silver Expands Calico Project Land Package by over 285%
Globenewswire· 2025-05-20 11:00
VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. ("Apollo" or the "Company") (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF0) is pleased to announce it has acquired 2,215 hectares ("ha") of highly prospective claims contiguous to its Waterloo property at its Calico Silver Project ("Calico" or "Calico Project"). The newly acquired claims herein referred to as the Mule claims comprise 415 lode mining claims, and have been acquired from LAC Exploration LLC ("LAC"), a wholly- owned ...
Canterra Minerals Step-Out Drilling Hits High-Grade Zone of 6.77% CuEq over 5.35m Beyond Current Buchans Resource, Newfoundland
Newsfile· 2025-05-20 11:00
Canterra Minerals Step-Out Drilling Hits High- Grade Zone of 6.77% CuEq over 5.35m Beyond Current Buchans Resource, Newfoundland May 20, 2025 7:00 AM EDT | Source: Canterra Minerals Corporation Vancouver, British Columbia--(Newsfile Corp. - May 20, 2025) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) ("Canterra" or the "Company") is pleased to announce the first drill hole from its ongoing 10,000 metre ("m") drill program at its 100% owned Buchans Project in the Central Newfoundland ...
Purepoint Mobilizing for Summer Uranium Drill Program at Dorado Project - Eastern Athabasca Basin
Newsfile· 2025-05-20 10:30
Toronto, Ontario--(Newsfile Corp. - May 20, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce that mobilization is underway for the upcoming summer uranium drill program at its Dorado Project, part of the Purepoint-IsoEnergy Joint Venture in Saskatchewan's eastern Athabasca Basin. Drilling is scheduled to commence on or about May 26, 2025. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3218/ ...
PAN GLOBAL INTERSECTS 1.08 G/T GOLD OVER 46 METERS FROM NEAR SURFACE IN FIRST DRILLHOLE AT CÁRMENES PROJECT, SPAIN
Prnewswire· 2025-05-19 06:00
TSXV: PGZ   |   OTCQB: PGZFF   |   FRA: 2EU Confirms potential for significant new gold discovery at 100%-owned Cármenes Project, northern Spain Potential for additional discoveries in the large Cármenes Project area VANCOUVER, BC, May 19, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce significant near surface gold assay results in the first drillhole completed in the maiden drill campaign at the Company's 100%-owne ...
Allied Critical Metals Announces Corporate Update
Thenewswire· 2025-05-16 21:00
Core Viewpoint - Allied Critical Metals Inc. has provided an update on its use of funds following a concurrent financing of approximately $4.6 million, emphasizing the prioritization of exploration at the Borralha Tungsten Project to achieve a preliminary economic assessment by summer 2025 [1][3][4]. Summary by Relevant Sections Use of Funds - The company plans to allocate the funds from the concurrent financing as follows: - Borralha Phase 1: $492,600 - Borralha Phase 2: $1,503,200 - Vila Verde Phase 1: $0 (not funded) - Vila Verde Phase 2: $0 (not funded) - Prepayment on 2027 Note: $100,000 - General and administrative costs: $180,000 - Investor relations services: $885,500 - Additional working capital: $231,866 - Total estimated use of funds is $3,574,811, which is $245,824 less than the maximum projected amount of $3,820,635 [2][5]. Exploration Focus - The company is prioritizing the Borralha project for exploration, which is expected to enable the completion of a preliminary economic assessment (PEA) or prefeasibility study (PFS) by the end of summer 2025. Drilling at Borralha is anticipated to commence on May 22, 2025 [3][4]. Investor Relations Strategy - A total of $885,500 has been allocated for investor relations services to enhance the company's profile and facilitate future capital raising efforts following the completion of the PEA/PFS [4][5]. Market Context - The tungsten market is currently valued at approximately $5 to $6 billion USD, with prices having risen by 25% from $320/MTU to $400/MTU over the past five months. This increase is attributed to a favorable macroeconomic environment for tungsten, which is considered a critical metal [4][12]. Management Changes - Sean Choi has been appointed as the new Chief Financial Officer, replacing Keith Margetson, who will continue as a consultant [8][9]. Stock Options and RSUs - The company has granted 3,500,000 stock options at an exercise price of $0.22 per share and 4,097,760 restricted share units (RSUs) to its directors, officers, employees, and consultants [10][11].
REV Exploration to Become First-Mover Targeting Natural Hydrogen in Alberta
Thenewswire· 2025-05-16 14:15
Core Insights - REV Exploration Corp. is expanding its focus on Natural Hydrogen in Western Canada, particularly in Alberta, positioning itself as a first-mover in this sector [1][3] Industry Overview - Under Premier Danielle Smith's leadership, Alberta is developing a robust hydrogen sector, with the potential to become a "next trillion dollar industry" [2] - The Alberta Hydrogen Roadmap aims for over $30 billion in capital investments by 2030 to establish the province as a global supplier of clean hydrogen [6] Company Developments - REV Exploration has secured a significant land package with permits for Natural Hydrogen exploration in Saskatchewan, while also targeting opportunities in Alberta due to its advanced hydrogen economy [3][4] - The company is also advancing its gold properties in Northern Quebec's Chibougamau Gold Camp, indicating a diversified exploration strategy [6] Natural Hydrogen Potential - Alberta is already a leader in blue hydrogen production, and the exploration of naturally occurring hydrogen presents a complementary opportunity [4] - The geological features of Alberta, including a Precambrian basement rich in iron and uranium-bearing rocks, are conducive to Natural Hydrogen generation [5]
Why Viasat Stock Was Racing Higher This Week
The Motley Fool· 2025-05-16 12:25
Satellite and telecom equipment specialist Viasat's (VSAT 7.75%) stock was ascending sharply this week, thanks to its involvement with a top name in private-sector space exploration. By the time the stock market had closed shop on Thursday, Viasat's share price had risen by 17%, according to data compiled by S&P Global Market Intelligence.A future colored BlueWednesday morning, Viasat announced that it will team with Blue Origin to demonstrate the former company's InRange launch telemetry relay service. On ...
REV Exploration Acquires Permits In Saskatchewan For Natural Hydrogen Exploration
Thenewswire· 2025-05-15 23:10
Core Insights - REV Exploration Corp. has acquired permits in Saskatchewan covering 372,571 hectares for Natural Hydrogen exploration, indicating a strategic move into a rapidly emerging resource sector [1][2] - The CEO highlighted Saskatchewan's advanced policy framework for Natural Hydrogen exploration, which, combined with unique geology and a growing market, positions REV for significant opportunities in the coming months [2] - REV Exploration has appointed Independent Trading Group, Inc. as a market maker to enhance liquidity and contribute to a fair market for its shares on the TSX Venture Exchange [3][4] Company Overview - REV Exploration is a mineral exploration company with a portfolio that includes gold and battery metal properties in Quebec, as well as strategic Natural Hydrogen properties in Saskatchewan, all 100% owned by the company [6] - The company is focused on identifying commercial concentrations of Natural Hydrogen in North America, which is seen as a catalyst-rich opportunity for growth [2][6] Market Maker Appointment - The contract with Independent Trading Group, Inc. is on a month-to-month basis for a fee of CDN $6,000, with the first full month starting in April 2025 [4] - ITG is a Toronto-based dealer-member specializing in market making and liquidity provision, established in 1992 [5]