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Ridgeline Minerals Commences Drill Program at the Selena CRD Project, Nevada
Newsfile· 2025-06-23 12:00
Ridgeline Minerals Commences Drill Program at the Selena CRD Project, Nevada June 23, 2025 8:00 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce the commencement of its 2025 drill program at the Selena Carbonate Replacement ("CRD") project ("Selena" or "Project") (Figure 1). The Project is currently being operated by Ridgeline under Ph ...
Morocco Strategic Minerals Launches Maiden Drill Program on Timarighine Property
Globenewswire· 2025-06-20 12:00
MONTRÉAL, June 20, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce the commencement of its maiden drilling program on the Timarighine property, located in the eastern Anti-Atlas region of Morocco. This follows a successful initial exploration phase which confirmed the presence of high-grade copper mineralization and a robust structural framework with potential for scale. Phase 1 Highlights The initial pha ...
Greenridge Exploration Engages Airborne Electromagnetic Survey for the McKenzie Lake Uranium Project in Northern Saskatchewan
Globenewswire· 2025-06-19 12:00
VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce it has contracted Axiom Exploration Group Ltd. of Saskatoon, Saskatchewan, Canada (“Axiom”) to perform a helicopter-borne time-domain electromagnetic (“HTDEM”) survey on the McKenzie Lake Uranium Project (“McKenzie Lake”, or the “Project”). McKenzie Lake consists of five (5) mineral claims comprising a total area of 6,916 hect ...
Canadian Gold Corp. Private Placement Offering for New Hammond Reef South Program to Follow up 2024 Surface Samples That Returned 35.4 g/t Gold
Newsfile· 2025-06-19 11:30
Core Points - Canadian Gold Corp. plans a follow-up program on the newly discovered high-grade gold zone at Hammond Reef South, which returned surface samples of 35.4 g/t and 7.1 g/t gold [2][3] - The Hammond Reef South property was acquired in 2023 to enhance the company's mineral rights around major Canadian mines, with a mineralization stock work vein system identified [3][12] - The 2025 program will include surface work and a geophysical program to evaluate the gold system's extent and refine drilling targets [4] Company Strategy - The company aims to expand its high-grade gold resource at the Tartan Mine and holds interests in properties adjacent to significant gold mines in Canada [12] - A private placement offering of up to 859,375 flow-through common shares at $0.32 per share is planned to fund the program, potentially raising up to $275,000 [5][6] Geological Context - The Hammond Reef South property is located near Agnico Eagle's Hammond Reef Project, which has over 5 million ounces of gold in mineral resources [2][12] - The identified vein system has a minimum strike length of 80 meters and widths up to 20 meters, with significant gold grades reported from channel samples [3][4]
Labrador Gold Begins 2025 Exploration at Hopedale Gold Project
Globenewswire· 2025-06-19 11:30
Core Viewpoint - Labrador Gold Corp. has initiated its 2025 exploration program at the Hopedale gold project in Labrador, focusing on the underexplored Florence Lake greenstone belt, which spans 43 km [1][13]. Exploration Focus - The exploration will concentrate on the Thurber Gold trend, a 3 km area with significant gold occurrences, defined by four notable gold sites and anomalous gold in surrounding rock and soil samples [2][5]. - Historical sampling has shown promising results, with values up to 32.3 g/t Au at Thurber North and channel sampling at TD500 returning values of up to 14.0 g/t Au over 0.61 m [3][4]. Survey and Mapping - A 33-line kilometre IP/Resistivity survey will be conducted to identify chargeability anomalies linked to gold mineralization, alongside detailed mapping and prospecting in the grid area [4][5]. - Systematic rock and soil sampling has identified 52 samples over 0.5 g/t Au, with 33 samples exceeding 1 g/t Au, aiming to define drill targets along the Thurber Gold trend [5]. Additional Discoveries - Recent discoveries in the Rusty Ridge area include gold at the Fire Ant occurrence and copper-silver at the Stone Fly occurrence, with initial sampling at Fire Ant returning values up to 106 g/t Au [5][6]. - Follow-up sampling in 2024 at Fire Ant yielded values of 9.35 g/t Au and 0.19 g/t Au with 10.8 g/t Ag [6]. Growth Strategy - Labrador Gold is actively pursuing additional gold projects with resource potential, having reviewed over 40 projects, focusing on Canadian opportunities based on geological potential and jurisdictional stability [6]. Financial Position - The company has approximately $18.1 million in cash, supporting its exploration and acquisition strategies [12].
Mustang Energy Corp. Receives Exploration Permit for the Spur Project, Saskatchewan
Globenewswire· 2025-06-19 00:51
Core Insights - Mustang Energy Corp. has received exploration permits from the Saskatchewan Government for the Spur Project, enabling ground-based exploration activities [1][2] - The permits include various authorizations such as Crown Land Work Authorization and Aquatic Habitat Protection Permit, valid until April 30, 2028 [2] - The Spur Project covers 23,680 hectares and is located south of the Athabasca Basin, an area known for high-grade uranium deposits [4] Exploration Activities - The permits allow for activities including trail construction, line-cutting, ground geophysical surveys, and diamond drilling [2] - The company emphasizes ongoing engagement with local communities to address concerns and ensure sustainable project implementation [3] Geological Context - The Spur Project's geological setting includes Proterozoic basement rocks and uraniferous pegmatites, indicating potential for uranium, thorium, and rare earth element exploration [4] - Adjacent properties have reported high-grade surface grab samples, with notable results such as 8.0% U₃O₈ and 1.93% U [4] Company Overview - Mustang Energy Corp. focuses on acquiring and developing uranium and critical mineral assets, holding a total of 92,211 hectares around the Athabasca Basin [7][9] - The company has multiple projects, including the Ford Lake project and the Yellowstone Project, expanding its footprint in the region [7][9]
White Gold Corp. Appoints Dylan Langille Member of Great Bear Resources Discovery Team as Vice President of Exploration
Globenewswire· 2025-06-18 12:02
Company Overview - White Gold Corp. has appointed Dylan Langille as Vice President of Exploration, bringing a decade of experience in mineral exploration and a proven track record in gold discovery [1][2] - The company owns a portfolio of 15,364 quartz claims across 21 properties, covering approximately 300,000 hectares, representing about 40% of the Yukon's White Gold District [5] Key Appointments and Experience - Dylan Langille was part of the core discovery team at the Great Bear Project in Red Lake, Ontario, contributing to significant gold discoveries [2] - His expertise includes grassroots target generation and advanced-stage resource delineation in both greenfield and brownfield settings [2] Strategic Outlook - Langille expressed excitement about joining White Gold at a pivotal time, highlighting strong market conditions and increasing demand for high-quality gold projects [3] - The company is well-positioned for growth through new discoveries, leveraging its extensive portfolio of advanced assets and grassroots targets [3] Resource Estimates - The flagship White Gold project contains an estimated 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces in Inferred Resources [5] - Regional exploration has led to several new discoveries and prospective targets, bordering significant gold projects owned by Newmont Corporation and Western Copper and Gold Corporation [5]
PAN GLOBAL INTERCEPTS FURTHER HIGHER-GRADE GOLD AND COPPER MINERALIZATION AT CÁRMENES PROJECT, SPAIN
Prnewswire· 2025-06-18 11:15
Core Insights - Pan Global Resources Inc. has announced positive results from its maiden drill campaign at the Cármenes Project in northern Spain, specifically from drillholes PVD03 and PVD04, which targeted extensions of breccia-hosted mineralization associated with the historical Providencia mine [1][4][10] Drill Results - Drillhole PVD03 intersected significant gold mineralization, including 56 meters at 0.37 g/t Au from 29 meters downhole, with higher-grade intervals of 4 meters at 2.19 g/t Au [5][10] - Drillhole PVD04 revealed high-grade copper, nickel, cobalt, and selenium intercepts, with a notable interval of 110 meters at 0.23 g/t Au from 8 meters downhole [5][10] - The results indicate a wide zone of breccia mineralization, expanding the known mineralization to the south, east, and north of the historical mine workings [4][10] Future Exploration - The company plans to drill three additional step-out holes targeting a principal untested gold zone at Providencia, which is expected to further define the mineralization potential [4][6] - A recently completed helicopter geophysics survey has identified multiple new targets with similar features to Providencia, indicating strong potential for additional discoveries [7][10] Project Overview - The Cármenes Project covers approximately 5,653 hectares and is located about 55 kilometers north of León, Spain, with a history of mining for copper and cobalt [11][12] - The project area is considered highly prospective for multiple bodies of breccia-style mineralization, with significant vertical dimensions exceeding 1 kilometer [11][12]
Troilus Drills 78.38 g/t AuEq Over 2 m, Including 153.73 g/t AuEq Over 1 m in the Southwest Zone
Globenewswire· 2025-06-17 11:00
Core Insights - Troilus Gold Corp. has announced final assay results from the Southwest Zone as part of its 2025 Exploration Program, confirming and extending higher-grade mineralization within the Phase 1 reserve pit [1][2][4] Exploration Results - The Southwest drill program has yielded significant results, confirming the continuity of higher-grade material within the current mine plan, which could optimize the early production schedule [2][4] - Drill hole SW-25-678 returned the highest assay to date from the Southwest zone, with 78.41 g/t AuEq over 2 meters, including 153.80 g/t over 1 meter [5][8] - Other notable results include drill holes SW-25-703 and SW-25-719, which returned 0.92 g/t AuEq over 69.3 meters and 0.94 g/t AuEq over 73 meters, respectively, confirming strong continuity of primary ore zones [6][8] Resource and Geological Insights - The Troilus resource is currently estimated at 11.21 million ounces (Moz) AuEq in the Indicated category and 1.80 Moz AuEq in the Inferred category [5] - The geology team is confident in the potential for further growth as they interpret the results from the drill program [4] Next Steps - The exploration team will incorporate the final drill results into the Southwest resource model and will shift focus to near-site and regional field targets, including a soil sampling program of approximately 3,700 samples [9] - A new phase of drilling is planned for the third quarter of 2025, targeting further high-grade extensions in the Southwest and conceptual targets outside current mine plans [9] Company Overview - Troilus Gold Corp. is a Canadian development-stage mining company focused on advancing the former Troilus Mine towards production, located in Quebec, Canada [20] - The company holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt and aims to establish a large-scale 22-year, 50ktpd open-pit mining operation [20]
SRQ Resources start drilling at Target 900, Lac Brulé property
Globenewswire· 2025-06-17 11:00
Core Viewpoint - SRQ Resources Inc. has commenced a 4,000-metre diamond drilling program at Target 900 on the Lac Brulé property, indicating significant exploration potential in the region [1][2]. Company Overview - SRQ Resources Inc. is a Canadian-based metals company focused on exploring nickel, copper, and platinum in Québec, owning 1,173 exploration claims covering 243 km² at Lac Brulé and 25 km² at Lac Brennan [14]. Drilling Program Details - The drilling program at Target 900 aims to explore a deep conductivity anomaly that begins approximately 500 metres below the surface and intensifies with depth, reaching the lower detection limit of 600 metres [8]. - The target is characterized by overlapping deep conductivity and gravity highs, which are indicative of a major mineralized system [2][4]. Geological Insights - Geological mapping at Lac Brulé reveals a complex intrusive body from the Late Grenville period, which hosts the mineralization discovered to date [4]. - The gravity anomalies at Target 900 show clear similarities to those at Lac Brennan, suggesting a larger mineralized footprint across the district [2][10]. Exploration Potential - The regional exploration model is gaining traction, with expectations of significant discoveries based on the geological and geophysical data [2]. - The deep EM conductor correlates with a high-amplitude gravity anomaly, indicating a strong subsurface target that could lead to substantial mineralization [9].