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Kincora Advances the Historic Condobolin Mining Field
Newsfile· 2025-10-14 12:45
Core Insights - Kincora Copper Limited has initiated an airborne electro-magnetic (AEM) geophysical survey at the Condobolin project, expanding the project size by 90km² to a total of 297km² [1][15][10] - The AEM survey aims to identify new near-surface targets and refine existing mineralized systems, particularly at the Meritilga target, which has shown promising drilling results [2][21][22] - The company is capitalizing on near-record Australian gold and silver prices to review previous drilling results and explore the potential for alluvial gold [3][26] Project Overview - The Condobolin project is located in the southern end of the Cobar Basin, an area with a rich mining history for high-grade gold, silver, and base metals [4][8] - The project benefits from established infrastructure and has limited effective exploration below the shallow weathering profile, indicating significant potential for new discoveries [5][19] - Kincora's strategy includes a multi-phase exploration campaign that is fully funded, following a C$4 million private placement in July 2025 [10][36] Exploration Strategy - The AEM survey will cover over 800 line-kilometers and is expected to provide insights into subsurface structures across the historic Condobolin Mineral Field [16][17] - The Meritilga target has been identified for a high-impact drilling program to test extensions of existing mineralization, with previous results indicating high-grade intervals [2][21] - The company plans to systematically apply exploration techniques that have previously led to discoveries in the region [5][28] Market Context - Recent corporate activities in the region, including significant discoveries and mergers, highlight the potential for growth in the Cobar Basin [9][14] - The current strong precious metals market environment supports Kincora's exploration efforts and strategic positioning as a leading institutional-grade explorer [6][38] - The review of alluvial gold potential is particularly timely given the increase in gold prices, which have risen from approximately A$1500/ounce to nearly A$6000/ounce [26]
Aventis Energy Announces Appointment of Chris Fozard as Technical Advisor
Globenewswire· 2025-10-14 12:00
Core Viewpoint - Aventis Energy Inc. has appointed Mr. Chris Fozard as a Technical Advisor, bringing over twenty years of exploration experience to the company, which is well-positioned to advance its Sting and Corvo projects amid strong Uranium and Copper markets [1][2][3]. Company Overview - Aventis Energy Inc. is a mineral exploration company focused on developing strategic projects involving battery, base, and precious metals in stable jurisdictions, specifically advancing the Corvo Uranium and Sting Copper projects [4]. Appointment of Technical Advisor - Mr. Chris Fozard has been appointed as a Technical Advisor, with a background in managing diamond drill and exploration projects in various countries, including Canada, China, Liberia, and Chile [2]. - Fozard's expertise includes project management and geological experience, which will support the company's initiatives [2][3]. - The company has granted Mr. Fozard 50,000 options exercisable at $0.39 per common share for a term of two years, subject to a four-month hold period [3]. Project Details - The Corvo Uranium property has historical drill holes indicating uranium mineralization over a strike length of 800 meters, with notable grades such as 0.116% U3O8 over 1.05 meters and high-grade surface samples ranging from 1.19% to 5.98% U3O8 [5]. - The Sting Copper Project spans approximately 12,700 hectares, with recent results showing 54.8 meters at 0.32% Cu, including higher-grade intervals ranging from 0.96% to 5.43% Cu [6].
Sorrento Resources Identifies 2.25km Anomalous Copper in Soil Trend, Lord Baron Project, Newfoundland
Newsfile· 2025-10-14 12:00
Core Insights - Sorrento Resources has identified a significant soil anomaly of copper over a strike length of approximately 2.25 km at the Lord Baron Project in Newfoundland, indicating potential for further exploration and drilling [1][2][4] Summary by Sections Soil Sampling Results - The Little Bay Head Grid revealed several trends of anomalous copper mineralization, with one trend measuring ~2.25 km in length and ~175 m in width [4][6] - A total of 1,005 soil samples were collected, marking the largest soil sampling program ever conducted on the property [6] - Out of the samples, 101 were considered anomalous in copper (>102.6 ppm Cu) with the highest value recorded at 2,140 ppm Cu, and 51 samples were anomalous in gold (>23.8 ppb Au) with the highest value at 223 ppb Au [4][6] Geological Context - The Lord Baron Project is situated on the Springdale peninsula, an area with a rich mining history and access to skilled labor and infrastructure [11][12] - The project consists of 15 mineral licenses covering 6,400 hectares, predominantly underlain by the Lush's Bight Group, known for its base metal sulphide showings [12][13] Exploration Potential - The correlation between soil anomalies, geological structures, and historical geophysical anomalies supports the validity of soil sampling as an exploration method [2][4] - Historical drilling has been oriented away from the identified soil anomalies, suggesting untapped potential in the area [2][4]
Apogee Completes Field Program at the Pine Channel Property
Globenewswire· 2025-10-14 12:00
Core Viewpoint - Apogee Minerals Ltd. has completed a field program at the Pine Channel Property in Saskatchewan, focusing on gold exploration and geological mapping, with an option to acquire an 80% interest in the property [1][12]. Property Overview - The Pine Channel Property consists of 29 mineral dispositions covering 6,519 hectares, located approximately 40 km west of Stony Rapids, Saskatchewan, accessible year-round by aircraft [5]. - The property is primarily exploring structurally controlled vein-quartz gold deposits, with historical mineral occurrences predominantly containing gold [6]. Field Program Details - The 2025 field program concentrated on the Algold Bay Showing area, utilizing high-resolution aeromagnetic data and LiDAR for structural analysis, with 64 rock samples collected [4][11]. - Historical work has documented significant gold grades in various drill holes, including 63.5 g/t Au over 0.6 m and 407.96 g/t Au over 0.5 m [8]. Historical Context - Government mapping in the Pine Channel area dates back to 1913, with the first industry work reported in 1950, and a total of 51 assessment reports have been filed [7]. - Previous operators conducted exploration in the 1980s, with the last significant work occurring in 2013 [9]. Exploration Agreement - In May 2021, Apogee entered into an option agreement with Eagle Plains, allowing it to earn an 80% interest in the Pine Channel Property by completing CAD $3 million in exploration expenditures and issuing shares [12]. - Eagle Royalties Ltd. holds a 2% NSR on most claims, with a buy-back option for Eagle Plains [13]. Future Exploration Potential - The recent fieldwork confirmed the presence of auriferous quartz veins and identified new target areas for future exploration based on geophysical anomalies and mineralized trends [10][11].
Integral Metals Upsizes Private Placement to up to C$3M
Globenewswire· 2025-10-14 12:00
Core Points - Integral Metals Corp. has increased its private placement offering from gross proceeds of C$2,000,000 to C$3,000,000 at a price of C$0.80 per Unit, which includes one common share and one share purchase warrant [1] - Each warrant allows the holder to acquire one share at a price of C$0.95 for a period of 24 months [1] - The net proceeds from the offering will be used for exploration activities, working capital, and general corporate purposes, including investor relations [2] Company Overview - Integral Metals Corp. is engaged in mineral exploration for critical minerals such as gallium, germanium, and rare earth elements, aiming to contribute to a domestic supply chain for these minerals [4] - The company holds properties in mining-friendly jurisdictions in Canada and the USA, including the Northwest Territories, Manitoba, and Montana, where it has received regulatory support for exploration efforts [4] Offering Details - The offering is subject to regulatory approvals, including that of the Canadian Securities Exchange, and is expected to close on or about October 23, 2025 [2][8] - All securities issued will be subject to a four-month and one-day hold period [2]
South Pacific Identifies New Mineralized Zones at Golkona South, Anga Project
Newsfile· 2025-10-14 11:30
Core Insights - South Pacific Metals Corp. has announced the discovery of new gold-copper mineralized zones at Golkona South, part of the Anga Project in Papua New Guinea, which is adjacent to K92 Mining's tenements in a highly prospective gold-copper district [1][4]. Summary by Sections Highlights - A 2.2 × 1.1 km gold in soil anomaly has been identified, with peak values reaching 1080 ppb Au, marking the highest soil gold values reported on the Anga project to date [5]. - Two zones of high copper (over 1000 ppm Cu) and silver (over 250 ppb Ag) have been detected, with peak results of 3,397 ppm Cu and 2,160 ppb Ag [5]. - Panned concentrate samples from streams in Golkona South show up to 282 ppm Au, indicating a local source [5]. - The anomalous area aligns with mobile MT conductivity features, correlating with known deposits in the Kainantu region [5]. Next Steps - The company plans to continue geochemical sampling at Golkona South and the adjacent Golkona prospect, along with geological reconnaissance and mapping to better understand the mineralization [5]. - This information will assist in defining initial drill targets for further exploration [5]. Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company with a land package of 3,100 km² and four projects in Papua New Guinea, including Anga, Osena, Kili Teke, and May River [13][14]. - The company is strategically located within the high-grade Kainantu Gold District, with potential for similar mineralization as that found in K92 Mining's tenements [14].
Vanguard Mining Updates 2025 Drilling & Fieldwork at Brussels Creek Gold-Copper-Palladium Project, Kamloops, BC
Thenewswire· 2025-10-14 07:05
Core Insights - Vanguard Mining Corp. is advancing its exploration program at the Brussels Creek Gold-Copper-Palladium Project in British Columbia, following a successful near-surface gold discovery in 2023 [1][2][6] Exploration Program - The 2025 exploration program aims to build on the 2023 drilling results, which included an intercept of 5.08 grams per tonne (g/t) gold over 3.5 metres [2][6] - Historical surface sampling in 2019 returned values up to 11.52 g/t gold, indicating high-grade potential at shallow depths [2][6] - The program will include gridded prospecting, surface sampling, trenching, permitting, and follow-up drilling, with a focus on First Nations consultation and an Archaeological Impact Assessment [7][9] Budget Allocation - The total budget for the proposed exploration program is CAD $352,000, which includes various activities such as follow-up drilling, gridded prospecting, and First Nations consultation [9][8] Strategic Location - Brussels Creek is located adjacent to New Gold Inc.'s New Afton Mine, which produced 72,609 ounces of gold and 54 million pounds of copper in 2024, with an estimated gross metal value of approximately USD $349.5 million [5][7] - The proximity to an established mining operation enhances the exploration upside for Vanguard and underscores the strategic significance of its land position within the Quesnel Terrane [6][5] Geological Context - The Brussels Creek property covers 1,350.43 hectares and has geological similarities to the New Afton mine, characterized as a silica-saturated copper-gold alkalic porphyry-style deposit [9][10] - Historic sampling has identified a broad anomalous zone with gold values up to 3.5 grams per tonne, further supporting the potential for mineralization [9][10]
U.S. GoldMining Completes 2025 Exploration Program at the Whistler Gold-Copper Project, Alaska
Prnewswire· 2025-10-13 11:00
Core Insights - U.S. GoldMining Inc. has successfully completed its 2025 exploration program at the Whistler Gold-Copper Project, focusing on developing new drill targets to support future growth opportunities [3][5][12] - The recent approval of the Ambler Road by the U.S. Federal Government is expected to facilitate the permitting and development of the West Susitna Access Road, enhancing transportation infrastructure for the Whistler Project [3][5] 2025 Exploration Program Details - The exploration program included 169 scout auger drill holes over the Whistler Orbit, covering an area of approximately 7.5 km by 4.5 km, which revealed multiple occurrences of new porphyry intrusive rock [5][7] - The scout drilling indicated that the till overburden in the Whistler Orbit is shallower than previously interpreted, suggesting that identified targets may be closer to the surface [5][7] - Systematic surface geochemical sampling and mapping of the Muddy Creek area have been completed, identifying new zones of increased quartz vein density, which are indicative of intrusion-related gold systems [5][8] Historical Exploration and Results - Historical exploration at the Muddy Creek target area included reconnaissance rock chip sampling, with 73 samples returning assays greater than 1 gram per tonne gold, including peak values of 111.50 g/t Au [8] - The 2025 program aimed to define zones of higher density quartz veining and develop geochemical pathfinders to bedrock mineralization, with a total of 106 rock grab samples and 7 silt samples collected [8] Future Plans - The company is advancing its initial assessment study (PEA) for the Whistler Project, aiming to define a potential economic base-case mining opportunity [5][12] - Assay results from the recent drilling and sampling efforts are pending, which will provide critical geochemical data for future exploration [5][7]
Trimera Metals Completes 2025 Tahlo Lake Exploration Program
Newsfile· 2025-10-10 12:00
Core Insights - Trimera Metals Corp. has made significant progress on its 2025 Tahlo Program, focusing on exploration at its Tahlo Lake property, which is strategically located near American Eagle Gold Corp.'s NAK project in British Columbia [1][4][5] Exploration Progress - In August 2025, Trimera completed a ZTEM survey that identified several prospective areas of interest, and acquired LiDAR data to create a preliminary surficial geology map, aiding in the selection of sample sites [2] - A seven-day till sampling program was conducted from September 2 to September 8, 2025, resulting in the collection of 20 samples from 14 hand-dug till pits, with assay results expected within a month [3] Strategic Importance - The Tahlo Lake property is located in a region known for significant mineral potential, particularly due to its proximity to the promising copper-gold porphyry mineralization at American Eagle's NAK project [4] - The company aims to leverage innovative and sustainable exploration practices to unlock the potential of the Tahlo Lake property and create shareholder value [5][8]
Wallbridge Mining (OTCPK:WLBM.F) Update / Briefing Transcript
2025-10-09 17:00
Wallbridge Mining Update Summary Company Overview - **Company**: Wallbridge Mining (OTCPK: WLBM.F) - **Date of Call**: October 09, 2025 - **Key Speakers**: Tanya Barreto (Director of Investor Relations), Mark Peterson (Senior Exploration Geologist), Brian (CEO) Industry Context - **Industry**: Mining, specifically gold exploration and production - **Market Conditions**: Gold prices are at record highs, with long-term analyst consensus prices between $2,700 and $2,800 per ounce, compared to $2,200 per ounce used in previous analyses [28][30] Key Points and Arguments Exploration and Projects - **Martiniere Project**: - Focused on exploration drilling beyond known mineral resources, with significant potential for a larger gold system than previously indicated [8][11] - Updated mineral resource estimates were completed, showing positive results from recent drilling [9][12] - Aggressive exploration approach initiated, with a focus on stepping out laterally and testing deeper projections [11][12][18] - Anticipated results from Phase two drilling expected by mid-November, with a news release planned for late November or early December [20] - **Fenelon Project**: - A preliminary economic analysis (PEA) was completed, with a positive outlook for future development [22][24] - The project has a projected annual production of 107,000 ounces of gold, with good free cash flow at $2,200 gold prices [28][39] - The PEA indicates a 16-year mine life, with potential for future growth [41][42] Financial Position - **Cash Position**: - Improved cash position with $8 million from the sale of the D2R East property and $4.7 million from refundable tax credits [22] - Expected to close the year with approximately $15 million in the bank [23] - **Shareholder Structure**: - Major shareholders include Era (15%) and Agnico (9.9%), with Agnico participating in all financings to maintain their interest [21] Market Strategy and Communication - **Investor Relations**: - Plans for increased marketing and communication with investors, including participation in various conferences and virtual events [47][48] - Acknowledgment of the need for better engagement with shareholders to address concerns about stock price performance [57][63] Challenges and Future Outlook - **Market Challenges**: - Despite positive exploration results and high gold prices, the company's stock price has not moved in line with market expectations [63][64] - The timeline for commercial production is estimated at six to seven years, requiring completion of feasibility studies and obtaining necessary permits [55] - **Future Plans**: - Continued focus on exploration at Martiniere and Fenelon, with plans to assess results and develop strategies for 2026 [88][90] - Emphasis on enhancing shareholder value through exploration success and potential partnerships with larger mining companies [58][60] Additional Important Information - **Technical Studies**: Ongoing low-cost desktop studies to advance the Fenelon project towards a pre-feasibility study [90] - **Community Relations**: Strong relationships with First Nations partners, with ongoing negotiations for pre-development agreements [46] This summary encapsulates the key points discussed during the Wallbridge Mining update, highlighting the company's exploration efforts, financial position, market strategy, and future outlook in the context of the gold mining industry.