Core Viewpoint - Nova Pacific Metals Corp. has received a drilling permit for its Lara VMS Project, allowing the company to conduct a 10,000-meter diamond drill program to confirm and update historical mineral resource estimates [1][2]. Group 1: Drilling Program Details - The permit authorizes a total of 50 drill holes as part of the planned program, which aims to provide confirmation of the historical mineral resource estimate from 2008 and gather infill drilling data for an updated Mineral Resource Estimate (MRE) expected by the end of September [2][4]. - The Lara deposit is classified as Kuroko-type VMS, featuring volcanic-hosted, stratiform sulphide mineralization across three zones over a strike length of approximately 1.5 kilometers [3]. Group 2: Historical Resource Estimate - The historical resource estimate includes: - Indicated: 1,146,700 tonnes with 3.01% Zinc, 32.97 g/t Silver, 1.05% Copper, 0.58% Lead, and 1.97 g/t Gold at a 1% Zinc block cut-off - Inferred: 669,600 tonnes with 2.26% Zinc, 32.99 g/t Silver, 0.9% Copper, 0.44% Lead, and 1.9 g/t Gold at a 1% Zinc block cut-off - Indicated: 428,600 tonnes with 5.65% Zinc, 47.04 g/t Silver, 2.25% Copper, 1.18% Lead, and 2.39 g/t Gold at a 2% Zinc block cut-off - Inferred: 207,900 tonnes with 3.99% Zinc, 37.57 g/t Silver, 1.73% Copper, 0.84% Lead, and 2.3 g/t Gold at a 2% Zinc block cut-off [4]. Group 3: Financial and Operational Context - The CEO of Nova Pacific highlighted that the current metal prices have significantly increased the potential value of the Lara deposit, which has undergone 50,000 meters of historical drilling and 650 meters of preproduction underground development, costing upwards of $30 million in today's dollars [4][5]. - The company has recently completed flow-through financing amounting to $2,640,540, positioning the project for rapid advancement [4][5]. Group 4: Community and Environmental Commitment - Nova Pacific operates on the Traditional, Ancestral, and Unceded Territory of the Stz'uminus and Hul'qumi'num Treaty Group, emphasizing the company's commitment to fostering relationships with local communities and contributing to shared prosperity [9][10].

Core Viewpoint - Millennial Potash Corp. has initiated its Phase 2 drilling program at the Banio Potash Project in Gabon, aiming to enhance potash resources and prepare for a feasibility study [1][2]. Drilling Program Details - The Phase 2 program includes two potash-specific drill holes totaling approximately 1,100 meters, extending historic hole BA-001 by about 400 meters and drilling a new hole BA-004 to a planned depth of 700 meters [1][2]. - Hole BA-001 was previously drilled to a depth of 364 meters in 2017 and will now be extended to evaluate deeper potash horizons [2][3]. - Hole BA-004 is located approximately 4 kilometers east of BA-001 and is designed to assess the lateral extent of potash horizons in an untested area supported by seismic surveys [3]. Objectives and Expected Outcomes - The objectives of the Phase 2 program are to evaluate the presence of potash-rich horizons at depth and laterally, which may extend the known mineralization strike length to 8,000 meters [4]. - Current Indicated Mineral Resource Estimate (MRE) stands at 657 million tonnes grading 15.9% KCl, while Inferred MRE is at 1.159 billion tonnes grading 16% KCl [4]. - The drilling data may allow for upgrading some resources from Indicated to Measured status and potentially shift Inferred material to Indicated status [4]. Financial Position - Millennial Potash has recently closed a financing round of $4.9 million, ensuring adequate funding for the second drill program and a revised 43-101 resource estimate report [2][4]. Timeline - The Phase 2 drill program is expected to be completed in Q2 2025, followed by a revised Mineral Resource Estimate also planned for completion in Q2 2025 [5].

TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX:GTWO, OTCQX:GUYGF) announces additional diamond drilling results further expanding on the Company's new discovery at the OKO Project, Guyana. Drilling has encountered wide intersections of near- surface, oxidized gold mineralization. Significantly, this new discovery lies only several miles away from the Company's flagship gold resources at the Oko Main Zone and Ghanie (comprised of 1.5 million ounces of gold Indicat ...

Group 1 - Goldshore Resources Inc. has received an extension from the British Columbia Registrar of Companies to hold its annual general meeting (AGM) by October 23, 2025, instead of the original deadline of April 23, 2025 [1] - Goldshore is a growth-oriented gold company focused on acquiring and advancing primary gold assets in tier-one jurisdictions, led by experienced professionals and backed by a prominent private equity firm [2] - The company's primary focus is the Moss Gold Project in Ontario, Canada, which has seen over $60 million in new capital investment and approximately 80,000 meters of drilling, contributing to a total of over 235,000 meters drilled [2] Group 2 - The updated mineral resource estimate for the Moss Gold Project 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, covering only 3.6 kilometers of a 35+ kilometer mineralized trend [2] - The Moss Gold Project remains open at depth and along strike, representing one of the few major Canadian gold deposits positioned for development in the current cycle [2]

Core Insights - Sirios Resources Inc. has announced positive results from its Fall-Winter 2024-25 drilling program at the Cheechoo gold project, validating its new vision for the project which includes potential for both open-pit and underground mining [1][2][9] Drilling Program Highlights - The drilling program consisted of nine holes completed between November 2024 and February 2025, totaling 3,347 meters drilled [7] - Consistent gold mineralization was intercepted in all drill holes, confirming the geological team's predictions [2] Assay Results - Significant assay results include: - 13.48 g/t Au over 14.6 m, including 123.94 g/t Au over 1.0 m (CH25-321) [4] - 56.41 g/t Au over 2.0 m, including 110.65 g/t Au over 1.0 m (CH25-317E) [4] - 83.20 g/t Au over 1.1 m (CH25-317E) [4] - 1.92 g/t Au over 34.0 m, including 20.52 g/t Au over 1.0 m (CH25-325) [4] Geological Model Development - The geological team is developing a new model based on the 2024 data review and recent drill results, which will lead to an upcoming Mineral Resource Estimate (MRE) update [2] Cheechoo Gold Deposit Characteristics - The Cheechoo gold deposit is characterized by multiple gold-enriched zones within a tonalite intrusion, suggesting the presence of additional high-grade zones beyond the current MRE boundaries [8] - The most recent MRE reported indicated resources of 1.4 million ounces at an average grade of 0.94 g/t Au and inferred resources of 500,000 ounces at an average grade of 0.73 g/t Au [12] Location and Strategic Importance - The Cheechoo property is located less than 15 km from Newmont's Éléonore gold mine, indicating its strategic position within a promising mining region [9]

Core Viewpoint - GoldMining Inc. has announced an updated Mineral Resource Estimate (MRE) for its São Jorge Project in Brazil, highlighting significant exploration potential and plans for an expanded 2025 exploration campaign [1][4]. Updated Mineral Resource Estimate - The updated Indicated resource for the São Jorge deposit is estimated at 19.42 million tonnes (Mt) with an average grade of 1.00 gram per tonne gold (g/t Au), containing approximately 624,000 ounces (oz) of gold [6][10]. - An additional Inferred resource of 5.56 Mt at an average grade of 0.72 g/t Au is estimated to contain approximately 129,000 oz Au [6][10]. - The MRE is based on a long-term average gold price of US$1,950/oz Au and is reported within a conceptual pit design shell [6][8]. Exploration Potential - The São Jorge deposit is located within a 12 km x 7 km area of elevated surface geochemical anomalies, indicating broader exploration potential [6][11]. - The company has expanded its land package to 46,485 hectares (ha) by acquiring an additional 488.45 ha [6][19]. - High-grade auger drill intercepts from the 2024 drilling program include results such as 1 meter at 17.14 g/t Au and 5 meters at 2.78 g/t Au [6][20]. 2025 Exploration Plans - The company plans to double its exploration activities in 2025 compared to 2024, focusing on high-priority targets within the São Jorge mineral system [4][6]. - Follow-up drilling programs are planned to systematically explore areas with high-grade auger drill intercepts and significant soil anomalies [6][18]. Geological Context - The São Jorge deposit is classified as a granite-hosted, intrusion-related gold deposit, similar to other known deposits in the region [11]. - The geological model has been revised based on 2024 drilling results, enhancing the understanding of gold mineralization controls [12][14]. Technical Report - An independent Technical Report prepared by SLR Consulting supports the updated MRE and is available for public access [7][8].