Workflow
Mineral Exploration
icon
Search documents
Collective Metals Confirms Strong Radioactivity at Surface During Successful Exploration Program at the Rocas Uranium Project
Globenewswire· 2025-10-16 21:00
Core Insights - Collective Metals Inc. announced preliminary results from its 2025 exploration program at the Rocas Uranium Project, confirming strong radioactivity at multiple historical uranium showings and identifying new radioactive anomalies [1][2][3] Exploration Program Overview - The Rocas project spans 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities, and approximately 72 kilometers south of the Athabasca Basin margin [2][15] - A detailed mapping and sampling program was conducted from September 30 to October 8, 2025, to validate historical uranium showings [2][3] Radioactivity Findings - Strong radioactivity was verified at multiple historical uranium showings, with several scintillometer measurements exceeding 10,000 counts per second (cps) at the surface [3][4] - New radioactive anomalies were discovered, indicating potential for uranium and Rare Earth Element (REE) mineralization [3][4] Geological Insights - Geological mapping confirmed the presence of deformed and hydrothermally altered basement lithologies along over 7.5 kilometers of exploration strike length [3][10] - A high-resolution ground gravity survey completed in 2024 highlighted potential alteration halos and high-priority exploration targets [3][10] Sampling and Analysis - A total of 16 outcrop and boulder grab samples were submitted for geochemical analysis, with notable findings including a peak radioactivity of over 33,000 cps at SMDI showing 5781 [4][6] - The prospecting confirmed several uraniferous outcrops and boulders, with readings of anomalous radioactivity recorded [4][10] Future Plans - The company plans to initiate its first drill program in 2026 to test high-priority zones along the main magnetic low/EM conductive corridor, which has not been drill-tested to date [7][8] - The Rocas Project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, with historical grab samples showing values up to 0.498 wt.% U3O8 [8][15]
Collective Metals Confirms Strong Radioactivity at Surface During Successful Exploration Program at the Rocas Uranium Project
Globenewswire· 2025-10-16 21:00
Core Insights - Collective Metals Inc. announced preliminary results from its 2025 exploration program at the Rocas Uranium Project, confirming strong radioactivity at multiple historical uranium showings and identifying new radioactive anomalies [1][2][3] Exploration Program Overview - The Rocas project spans 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities, and approximately 72 kilometers south of the Athabasca Basin margin [2][18] - A detailed mapping and sampling program was conducted from September 30 to October 8, 2025, to validate historical uranium showings [2][3] Radioactivity Findings - Strong radioactivity was verified at multiple historical uranium showings, with several scintillometer measurements exceeding 10,000 counts per second (cps) at the surface [3][4] - New radioactive anomalies were discovered, indicating previously undocumented radioactive showings within favorable lithologies for uranium and Rare Earth Element (REE) mineralization [3][4] Geological Insights - Geological mapping confirmed the presence of deformed and hydrothermally altered basement lithologies along over 7.5 kilometers of exploration strike length south of Key Lake [3][10] - A high-resolution ground gravity survey completed in 2024 highlighted potential alteration halos and high-priority exploration targets along well-defined structural corridors [3][10] Sampling and Analysis - A total of 16 outcrop and boulder grab samples were submitted for geochemical analysis, with notable findings including a peak radioactivity of over 33,000 cps at SMDI showing 5781 [4][8] - The prospecting confirmed several uraniferous outcrops and boulders, with readings of anomalous radioactivity recorded, including 73 readings above 300 cps [4][14] Future Plans - The company plans to initiate its first-ever drill program in 2026 to test high-priority zones along the main 7.5-kilometer magnetic low/EM conductive corridor, which has not been drill-tested to date [10][11] - The Rocas Project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, with historical grab samples showing values up to 0.498 wt.% U3O8 [11][18]
Clarity Metals Outlines Drill Targets for Forthcoming Program
Newsfile· 2025-10-16 12:00
Core Insights - Clarity Metals Corp. has received all necessary permits to commence drilling at its 100% owned Fecteau Gold Project in Quebec, indicating a commitment to explore the area's mineral potential [1][29] - The Fecteau Property has shown promising mineralization from previous drilling campaigns, with notable high-grade results including 14.91 g/t Au and 5.98 g/t Au & 0.87% Cu [3][4] - The company plans to execute a drilling campaign of 5,000 meters targeting both gold and base metal mineralization, with the possibility of expanding based on initial results [4][5] Exploration and Drilling Plans - Clarity intends to drill approximately 25 holes across high-priority targets, focusing on both known mineralized trends and previously untested geological targets [4][5] - The Fecteau stratigraphy is conducive to VMS-style mineralization, with previous drilling revealing semi-massive and massive sulphide intercepts containing copper and zinc [5][6] - The 2022 fieldwork has enhanced the understanding of the Fecteau Property, with significant gold intercepts and structural features identified [6][8] Target Areas and Geological Insights - The upcoming drilling will focus on several target areas, including the southern limb of the syncline and the northern contact target area, which have not been previously drilled [18][19][21] - The Buteux-Marceau area is identified as a target with historical gold values of 4.11 g/t Au, indicating potential for further exploration [25][27] - A total of 17,815 meters have been drilled on the property and surrounding areas since the mid-1970s, with an average depth of only 207 meters, suggesting significant exploration potential remains [27]
Drilling Continues at Silver North's Flagship Haldane Silver Property, Yukon
Thenewswire· 2025-10-16 12:00
Core Insights - Silver North Resources Ltd. is advancing its 2025 exploration program at the Haldane Silver Property, focusing on expanding the discovery made at the Main Fault target in the Keno Hill Silver District, Yukon [1][2] Exploration Program Update - Six drill holes totaling 1,300 metres have been completed at the Main Fault target, with five holes sampled and sent for analysis, and one hole still in progress [1][3] - The program aims to delineate the down-dip and strike potential of the 2024 Main Fault discovery, which previously intersected three stacked high-grade silver-bearing veins [6] Mineralization Details - The 2025 diamond drilling program is targeting Keno-style silver lead-zinc mineralization, with significant intersections reported, including 1.83m of 1,088 g/t silver and 5.8m of 365 g/t silver [2][6] - The first hole of the program tested mineralization approximately 80 metres further down dip from the 2024 intersections, while remaining holes are testing sections approximately 50 and 100 metres southwest and 50 metres northeast of the discovery section [2] Operational Support - Paycore Diamond Drilling has been engaged as the drill contractor, and Hardline Exploration Services Ltd. is providing staffing, technical, and camp support for the program [3] Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project under option to Coeur Mining, and the GDR project, with plans to acquire additional silver properties in favorable jurisdictions [4]
Gold X2 Delineates 5 Kilometer Anomalous Mineralized Trend South of the Moss Gold Deposit
Newsfile· 2025-10-16 11:00
Core Insights - Gold X2 Mining Inc. has successfully completed a comprehensive geochemical and geophysical targeting initiative at the Moss Gold Project, identifying high-potential targets that reflect the signature of the Moss Gold deposit [1][2][5] Exploration Highlights - A 5-kilometer-long zone of gold anomalism has been identified within four primary targets in the Deaty Trend, while the Moss Trend has been better defined across two NNE-striking faults, covering at least 8 kilometers [5][21] - The Moss Nose target is 1.6 kilometers long, and the Superion prospect has been expanded to 700 meters long and 500 meters wide, with several parallel prospects ranging from 600 to 1,500 meters long identified for follow-up [5][21] - A 1,500-meter scout drill program at the Bunker prospect is set to commence in October [5][12] Methodology - The exploration program covered an area of 34 km², including geophysical surveys and bedrock sampling, utilizing historical data from previous surveys [7][10] - A geochemical grid was designed based on a 2024 study, demonstrating effective identification of the Moss Gold deposit through a 400 x 50-meter grid sampling program [8][19] Geophysical and Geochemical Findings - The geophysical survey highlighted two late fault structures believed to offset mineralization approximately 1 kilometer, suggesting that mineralization trends extend further than previously targeted [16][18] - The survey identified numerous additional prospects along the Deaty Trend, including Bunker, Confluence, and Cedric, with the Bunker target further explored through top of bedrock drilling [18][21] Resource Estimates - The updated NI 43-101 mineral resource estimate indicates 1.54 million ounces of Indicated gold resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au, with the resource remaining open at depth and along strike [28][29]
Gladiator Identifies New Targets at Little Chief & Cowley Park
Newsfile· 2025-10-16 11:00
Core Insights - Gladiator Metals Corp. has identified significant untested anomalies at Chief's Trend and Cowley Park through recent Induced Polarization (IP) and gravity geophysical surveys, indicating potential for undiscovered mineralization [1][3][5] Exploration Targets - The company has prioritized drilling at two high-potential targets: Great Southern and Doozy, based on compelling evidence from recent geophysical surveys [3][4][5] - Drilling is set to commence later this week, supported by a recent financing of $22.5 million and an existing treasury of $8 million, ensuring funding for exploration until the end of 2026 [5][29] Geophysical Survey Results - The Doozy area has shown undrilled high tenor chargeability anomalies, while the Great Southern area has larger IP and gravity anomalies compared to the neighboring Cowley Park mineralized system [6][7][8] - The Great Southern anomaly measures approximately 2 km by 1.2 km and coincides with a highly intense IP chargeability anomaly, indicating significant exploration potential [8][18] Historical Context - The Whitehorse Copper Project has a rich history, with copper mineralization first discovered in 1897 and significant production occurring between 1967 and 1982, totaling 10.5 million tons at 1.5% Cu and 0.75 g/t Au [31][32] Project Highlights - The exploration strategy includes advancing Cowley Park to resource definition, targeting further copper-skarn and recently identified intrusive-hosted copper-molybdenum mineralization [34][35] - The ongoing drilling program has been extended to 48,000 meters, with a focus on high-grade copper skarns throughout the Whitehorse Copper Belt [29][35]
Andean Precious Metals Provides Update on 2025 Exploration Results at Golden Queen and San Bartolome
Newsfile· 2025-10-16 10:30
Core Insights - Andean Precious Metals Corp. has provided an update on its 2025 exploration activities at the Golden Queen mine in California and the San Bartolome operation in Bolivia, highlighting significant progress and expansion plans [1] Golden Queen Exploration Program - The exploration program at Golden Queen has been expanded by an additional 3,800 metres, bringing the total planned drilling to 8,100 metres for 2025 [4][13] - Phase 3 drilling has successfully intersected mineralized intervals, confirming continuity and supporting potential mine-life extensions [5][9] - Notable assay results include HT25-01 with 0.79 grams per tonne (g/t) Au and 3 g/t Ag over 8.0 metres, and HT25-03 with 1.94 g/t Au and 27 g/t Ag over 4.4 metres [4][16] - An updated mineral resource and reserve statement is expected in the first half of 2026 [4][14] San Bartolome Operation - The San Bartolome operation has transitioned to a mineral purchase business model, with a long-term agreement with COMIBOL for the purchase of up to 7 million tonnes of oxide ore [25][26] - The strategy aims to sustainably increase processing rates to the full capacity of 5,000 tonnes per day (tpd) [25] - Exploration activities are underway at multiple sites including Turqui, Tacobamba, Ánimas, Santa Isabel, and Trapiche, with a total of 5,500 metres of shallow core drilling planned [30][31] Exploration Highlights - The exploration efforts at Turqui have reported initial geochemical results with grades up to 402 g/t Ag [33] - The Tacobamba project has shown promising underground geochemical results averaging 246 g/t Ag [35] - The Santa Isabel project has identified significant mineralized structures with initial geochemical results ranging from 150 to 350 g/t Ag [43]
Formation Metals Closes $8.26M First Tranche of Its Private Placements, Fully Funding 20,000 Metre Drill Program at the Advanced N2 Gold Project
Accessnewswire· 2025-10-16 00:40
Core Viewpoint - Formation Metals Inc. has successfully closed the first tranche of its private placement, raising approximately $8.26 million to fully fund a 20,000-meter drill program at its N2 Gold Project, which aims to develop a multi-million-ounce gold deposit [2][3][5]. Financing - The first tranche raised $8,262,389.48 through the issuance of 17,312,891 LIFE Units at $0.37 each and 4,528,341 flow-through units at $0.41 each [2][5]. - The LIFE Offering was conducted under the listed issuer financing exemption, allowing the company to raise funds without a prospectus [3][4]. Project Details - The N2 Gold Project has a global historic resource of approximately 870,000 ounces of gold, with significant potential for expansion [5][10]. - The drill program will focus on the "A" zone and "RJ" zone, targeting areas with historical high-grade intercepts and significant untested strike length [5][11][13]. - The company has approximately C$12.7 million in working capital and no debt, with an exploration budget of around $8.1 million for 2025-2026 [5][17]. Future Plans - The company plans to conduct a 20,000-meter drilling program to discover new gold trends and enhance existing mineralized zones [11][15]. - There is also potential for base metal exploration, with significant copper and zinc intercepts identified in historical drill holes [13][15].
High-grade copper and gold intersections extend known mineralisation at FireFly's Green Bay by 650m
Financialpost· 2025-10-15 22:15
Core Sampling Procedure - The deposit is sampled using diamond drilling, with a total of 1,499 drill holes and 332,603 meters drilled, including 141 diamond drill holes by FireFly totaling 126,877 meters [5] - Core samples are taken in 1-meter intervals, with some smaller samples down to 0.3 meters to accommodate geological contacts [5] - All sample collection and core logging are supervised by a qualified geologist, ensuring industry-standard practices [5][9] Drilling Techniques - FireFly exclusively uses NQ (47.8 mm diameter) diamond drilling, with core orientation performed using a REFLEX ACT III tool [9] - Historical drilling predominantly utilized NQ size, with some BQ (36 mm) for grade control [9][6] Sample Preparation and Quality Control - Samples are dried, crushed, and pulverized, with a ring mill used to achieve 98% passing -150 mesh [5][11] - Quality control measures include the insertion of QA/QC samples at prescribed intervals, with duplicates, blanks, and Certified Reference Materials (CRMs) used to ensure accuracy [15][12] - Historical data was reviewed by independent consultants, confirming that sampling practices meet industry standards [11][22] Assaying and Laboratory Procedures - Assaying is conducted by Eastern Analytical, with 34 elements analyzed using Inductively Coupled Plasma (ICP) and gold assays determined by fire assay [15][12] - The laboratory employs its own quality control measures, including CRMs and duplicates, to maintain accuracy [15][12] Data Verification and Audits - Significant intersections are verified by independent personnel, and no adjustments to assay data have been made by FireFly or Rambler [19][14] - An independent audit in 2018 confirmed that drilling, sampling, and logging procedures met acceptable industry standards [22][19] Sample Security and Chain of Custody - Core is securely stored and transported from the drill site to the core logging facility, with access limited to authorized personnel [21][24] - Regular reviews of sampling techniques are conducted, confirming that they adhere to industry standards [24][22]
White Gold Corp. Closes Upsized $23 Million Private Placement
Globenewswire· 2025-10-15 14:48
Core Viewpoint - White Gold Corp. has successfully closed a brokered private placement, raising approximately $23 million to fund exploration activities and advance its flagship White Gold Project in Canada [1][4]. Financing Details - The Offering included the sale of 9,411,710 Units at $0.85 each, 8,547,000 FT Units at $1.17 each, and 5,000,000 FT Shares at $1.00 each [6]. - The gross proceeds will be allocated to exploration expenditures in the White Gold District and for working capital and general corporate expenses [7]. Participation and Agents - Agnico Eagle Mines Limited participated in the Offering, along with other insiders such as PowerOne Capital Corp. and the CEO and VP of Exploration of White Gold [3][10]. - Clarus Securities Inc. acted as the sole bookrunner and lead agent for the Offering, supported by a syndicate of agents [2]. Project Overview - White Gold Corp. holds a portfolio of 15,364 quartz claims across 21 properties, covering 305,102 hectares, representing about 40% of the White Gold District [5][11]. - The flagship project contains an estimated 1,732,300 ounces of gold in indicated resources and 1,265,900 ounces in inferred resources, with significant expansion potential [5][11]. Exploration Plans - The financing will enable the company to execute its largest drill program to date, focusing on expanding the high-grade core and exploring other targets in the White Gold District [4]. - The company aims to unlock value across its extensive land package, targeting both gold and critical mineral opportunities [4].