Workflow
Mineral Exploration
icon
Search documents
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].
SRQ Resources start drilling at Target 900, Lac Brulé property
GlobeNewswire News Room· 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]. Exploration Details - The drilling at Target 900 is significant due to the presence of overlapping deep conductivity and gravity highs, which are indicative of a major mineralized system [2]. - The EM conductor at Target 900 begins approximately 500 metres below the surface and intensifies with depth, suggesting a robust geophysical feature [8]. - The deep EM conductor correlates with a high-amplitude gravity anomaly extending below 600 metres, indicating a strong subsurface target [9]. Geological Insights - Surface geological mapping at Lac Brulé reveals a complex intrusive body that hosts the mineralization discovered to date, with the upcoming drill campaign aimed at testing the overlap of geophysical anomalies [4]. - The similarities between gravity anomalies at Target 900 and those at Lac Brennan suggest a larger mineralized footprint across the district, indicating potential for significant discoveries [2][10].
Pan American Energy Signs Option Agreement to Acquire 100% Interest in the Tharsis Project, Northwest Territories
Globenewswire· 2025-06-16 12:00
The Project consists of seven mineral claims totaling 8,750 hectares and encompasses the prospective Squalus Lake Alkaline Complex (SLAC). The Project is located approximately 180 kilometers north-northeast of Yellowknife and 55 kilometers southeast of Wekweètì. Exploration to date has confirmed the presence of carbonatite-bearing rocks and potential for associated rare earth elements (REE) and high field strength element (HFSE) mineralization. Under the terms of the Agreement, Pan American may earn up to a ...
RUA GOLD Reports Auld Creek Drilling Results Including 2.1m @ 64g/t AuEq Intersected 120m Below the Current Resource, Demonstrating Significant and Open-Ended Depth Potential
Newsfile· 2025-06-16 11:30
Core Viewpoint - Rua Gold Inc. has reported significant high-grade gold-antimony drilling results at the Auld Creek project, indicating substantial depth potential and continuity of mineralization beyond the current resource estimate [1][2][4]. Company Summary - Rua Gold is focused on expanding the Auld Creek resource, with drilling efforts aimed at both depth and lateral extensions, particularly in the Fraternal and Bonanza prospects [2][4]. - The company has an inferred resource of 700,000 tonnes at 3.1g/t Au and 1.1% Sb, equating to approximately 67,000 ounces of gold and 8,000 tonnes of antimony [11]. - Recent drilling has confirmed high-grade intersections, including 2.1m at 64.0g/t AuEq from a depth of 310m, showcasing the potential for resource growth [4][12]. Industry Context - Antimony is increasingly recognized as a critical mineral due to its applications in renewable energy, batteries, and technology, with prices surging from US$11,350 to over US$60,000 per tonne since early 2024 [8][9]. - The supply of antimony is predominantly controlled by China, Russia, and Tajikistan, making it a strategic material amid geopolitical tensions [8][9]. - New Zealand has included antimony in its Critical Mineral List, reflecting its importance in the global supply chain and the heightened demand for alternative sources [9].
Canterra Minerals Identifies New District-Scale Gold Targets Along Valentine Lake Shear Zone Immediately Adjacent to Equinox Gold's Valentine Mine in Central Newfoundland
Newsfile· 2025-06-16 11:00
Five multi-kilometre-scale gold targets defined through newly compiled and reprocessed geophysical datasets spanning the gold belt from Equinox's Valentine mine through Canterra's Wilding Gold Project. Each target demonstrates key geological characteristics analogous to those at the Valentine Mine, a 4.0 Moz Au M&I and 1.1 Moz Au Inferred resource (2024)1. The newly interpreted data supports a targeted and systematic basal till sampling program to accelerate drill targeting across multiple gold-bearing stru ...
Canadian Gold Resources Advances Bulk Sample Program Preparation and Discovers New Vein Structure at Lac Arsenault
Newsfile· 2025-06-12 13:15
Core Insights - Canadian Gold Resources has completed key site preparation activities at its Lac Arsenault Gold Project in Quebec, advancing towards a bulk sample program [1][5] - The Mersereau and Baker Veins are known for high-grade gold and silver mineralization, with recent surface washing enhancing visibility and aiding in the design of targeted extraction areas [2][5] - A new vein structure was discovered approximately 500 meters northwest of the Baker Vein, which may indicate the project's potential scale and complexity [4][5] Company Developments - The company is focused on advancing its bulk sampling plan and has refined its geological understanding through recent activities [5] - Representative samples from the newly discovered vein structure will undergo geochemical analysis to assess their potential [4][5] - Canadian Gold Resources is committed to providing updates on the bulk sample program timeline, assay results, and ongoing exploration activities in the near future [5] Project Overview - The Lac Arsenault Project hosts multiple gold-bearing epithermal vein systems and offers significant expansion potential through near-surface exploration [8] - The project is located in a mining-friendly jurisdiction, which is favorable for exploration and development activities [8]
Integral Metals Announces Completion of High-Resolution Soil Sampling Program at the KAP Project
Globenewswire· 2025-06-12 12:00
Core Viewpoint - Integral Metals Corp. has successfully completed its Phase 2 high-resolution soil sampling program at the KAP Project, enhancing drill targeting for its 2025 exploration campaign [1][3]. Group 1: Exploration Program Details - The Phase 2 soil sampling program involved a 30-meter by 30-meter grid across the Main Zone, with samples collected from 2,021 unique sites, totaling 2,163 samples prepared for laboratory submission [2]. - Quality control measures included the insertion of certified reference materials at a ratio of 1 in 20 and field duplicates at a rate of 1 in 50 [2]. - The sampling grid was designed to systematically test the area surrounding the Main Zone, integrating results from previous fieldwork and known gravity anomalies [3]. Group 2: Company Objectives and Future Plans - The KAP Project is prospective for MVT-style lead-zinc mineralization enriched with gallium and germanium, which remains a core priority for the company in 2025 [3]. - The completion of the high-resolution program is considered a key milestone for the company's exploration season, expected to significantly improve geochemical targeting and drill planning [3]. Group 3: Company Background - Integral Metals Corp. is engaged in mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to the development of a domestic supply chain for these minerals [7]. - The company holds properties in mining-friendly jurisdictions in Canada and the United States, including the Northwest Territories, Manitoba, and Montana [7].
Lancaster Resources Inc. Expands Exploration in Quebec’s James Bay with Lac Iris Polymetallic Project Acquisition
Globenewswire· 2025-06-12 12:00
Core Viewpoint - Lancaster Resources Inc. has acquired a 100% interest in the Lac Iris Polymetallic Project in Quebec, enhancing its exploration portfolio in the James Bay region, which is known for significant mineral discoveries [1][3][7]. Acquisition Details - The Lac Iris Polymetallic Project spans approximately 1,443 hectares and is located 5 km south of notable discoveries by Power Metallic Inc. The property is adjacent to the Li-FT Power Ltd. Rupert Lithium Project and is situated along the same geological trend as the Whabouchi Lithium pegmatite deposit and the NISK polymetallic high-grade nickel-copper sulphide deposit [1][5][6]. - The acquisition complements Lancaster's existing option on the Trans-Taiga Project, also located in James Bay, and supports the company's strategy to diversify its exploration projects [7][11]. Strategic Importance - The James Bay region is emerging as a key area for polymetallic and lithium exploration in Canada, with the Whabouchi mine operated by Nemaska Lithium located just 11 km north of the Lac Iris Project [6][7]. - The acquisition is expected to unlock shareholder value and build on the momentum from previous acquisitions, including the Lake Cargelligo project in Australia [3][7]. Planned Activities - Lancaster plans to initiate an exploration campaign on the Lac Iris Property aimed at identifying polymetallic and lithium-rich areas, constructing detailed geological maps, and evaluating the high-value metals content through sampling [8]. Access and Infrastructure - The Lac Iris Property has year-round access via Route du Nord Road and is located approximately 43 km east of the airport and village of Nemiscau, QC, with hydroelectric transmission lines crossing the property [9].
Appia Plans to Resume Exploration at Alces Lake to Advance High-Priority REE Drill Targets
Newsfile· 2025-06-12 11:30
Core Viewpoint - Appia Rare Earths & Uranium Corp. is set to resume exploration activities at its Alces Lake project in Saskatchewan during summer 2025, following a preparatory program in 2024 focused on camp maintenance and land surveying [1][2]. Exploration Plans - The upcoming exploration program will utilize targets identified from a high-resolution Airborne Gravity Gradiometer (AGG) survey, which underwent advanced 3D processing in late 2024 [2][3]. - The summer 2025 phase will commence with Mobile Metal Ion (MMI) soil sampling and ground gravity surveys, aimed at testing potential REE-bearing zones from the surface to depths of 500 meters [2][4]. Strategic Focus - The exploration season's objective is to identify and prioritize compelling drill targets that could lead to larger sources of REE mineralization at Alces Lake [3]. - The program will integrate processed AGG geophysical data with new MMI soil sampling and gravity surveys to strategically focus the drill campaign on deeper potential [3][4]. Technical Approach - The goal is to identify geochemical anomalies that correlate with gravity-magnetic-radiometric-defined anomalies, which are indicators of monazite-hosted REE mineralization [4]. - Known showings like the WRCB and Magnet Ridge Zones will serve as models to guide the exploration tools [4]. Company Overview - Appia Rare Earths & Uranium Corp. is a publicly traded Canadian company engaged in the rare earth element and uranium sectors, holding rights to significant exploration areas in Saskatchewan and Brazil [8]. - The company has 153 million common shares outstanding and 177 million shares fully diluted [9].
Sandstorm Gold Royalties Portfolio Drilling and Exploration Highlights
Prnewswire· 2025-06-11 20:20
Group 1: Sandstorm Gold Ltd. Developments - Sandstorm Gold Ltd. is pleased to announce various developments and exploration highlights within its diversified stream and royalty portfolio [1] - The company holds a gold stream on the Santa Elena mine, allowing it to purchase 20% of the gold produced at Santa Elena for ongoing cash payments of $487 per ounce of gold [5] Group 2: First Majestic Silver Corp. Discoveries - First Majestic Silver Corp. has identified a significant gold-silver discovery on its Santa Elena property, specifically the Santo Niño vein, which has been traced over one kilometre along strike and 400 metres down-dip [2] - Exploration results from 14 drill intercepts at Santo Niño have returned significant gold and silver grades, with notable results including hole SE-25-15 intersecting 1.91 metres grading 8.38 g/t gold and 248 g/t silver [3] - The Santo Niño discovery complements ongoing success at the Navidad deposit, reinforcing Santa Elena's status as a prolific, district-scale system with substantial upside [4] Group 3: Lundin Gold Ltd. Drilling Program - Lundin Gold Ltd. has expanded its 2025 drilling program at the Fruta del Norte mine to at least 108,000 metres, marking the largest annual drill program ever completed on the land package [6] - High-grade intercepts from the conversion program at FDN South have confirmed the deposit's continuity and identified additional mineralized zones [7] - Sandstorm holds a 0.9% net smelter returns royalty on the precious metals produced at Fruta del Norte [11] Group 4: Entrée Resources Ltd. Drilling Results - Entrée Resources Ltd. has released additional analytical results from drilling on the Hugo North Extension at the Oyu Tolgoi mine, with highlights including a surface hole grading 2.30% copper and 1.45 g/t gold [12][13] - Sandstorm has a copper and precious metal stream with Entrée, allowing it to purchase 0.33% of the copper and 4.47% of the gold and silver produced at the HNE [15] Group 5: Awalé Resources Ltd. Drilling Campaign - Awalé Resources Ltd. is executing an 18,000-metre drill campaign at the Odienné project, with results confirming a broad gold-copper system extending over 1 kilometre of strike at the BBM Zone [19][20] - Sandstorm holds a 2.0% NSR royalty on the Odienné project [23] Group 6: Omai Gold Mines Corp. Drilling Results - Omai Gold Mines Corp. has completed 15,639 metres of drilling in 2025, surpassing the planned 15,000 metres, with results extending the known limits of gold mineralization at Wenot [24] - Sandstorm holds a 1.0% NSR royalty on the Omai gold mine [30] Group 7: Troilus Gold Corp. Drill Campaign - Troilus Gold Corp. released results from its 2025 drill campaign focused on identifying higher-grade mineralization within the Troilus project [31] - Sandstorm holds a 1.0% NSR royalty on the Troilus project [32]