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REV Doubles Size of JMW Gold Property in Chibougamau Camp
Thenewswire· 2025-10-02 12:00
Core Insights - REV Exploration Corp. has entered into a Definitive Agreement to acquire 41 mining claims, effectively doubling the size of its JMW Gold Property to approximately 40 sq. km in northern Quebec's Chibougamau Camp [1][2] Company Overview - REV is a mineral exploration company with a portfolio of gold and battery metal properties in Quebec, including JMW and Maxwell, and has exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [4] Transaction Details - The acquisition involves a cash payment of $35,000 and the issuance of $40,000 worth of common shares to the Vendor upon closing, along with a 1.0% Net Smelter Return (NSR) in favor of the Vendor, with a buyback option for REV at $750,000 [5] Exploration Potential - The JMW Gold Property is noted for its advanced prospect status, with over 30 historical diamond drill holes indicating apparent gold enrichment along a 6 km long felsic complex [2]
Northern Lights Commences Exploration at the Pup Project
Thenewswire· 2025-10-02 11:00
Core Insights - Northern Lights Resources Corp. has initiated exploration at the Pup Project in Yukon, Canada, focusing on the Petal Zone and two other copper targets, Gismo and Finn [1][2] Exploration Details - The exploration activities will include ground magnetic surveying, soil geochemical sampling, prospecting, hand trenching, and sample collection for thin section analyses [1] - The Petal Zone is characterized by a significant copper soil anomaly measuring approximately 850 meters long and up to 400 meters wide, with copper values reaching up to 2,962.9 ppm [3] - Initial exploration will prioritize the Petal Zone, which has previously yielded high-grade grab samples with copper content up to 3.799% [2][7] Geological Context - The Petal Zone is underlain by quartz-biotite-chlorite schist, possibly indicating a dioritic intrusive, in contact with a quartz-sericite-limonite unit [7] - The Gismo Zone, located 2 kilometers northeast of Petal, has rock sample values of up to 201.3 ppb gold and 643.2 ppm copper, while the Finn Zone, 1.5 kilometers southwest of Petal, has shown copper values up to 3,082 ppm [8] Project Overview - The Pup Project consists of 64 quartz claims covering approximately 1,300 hectares and is situated within the mineral-rich Yukon Tanana Terrane [14] - The project is accessible via rough dirt roads leading to two active placer gold mines, located about 10 kilometers west of Dawson City [14]
Argyle Resources Corp. Provides Drilling Update for Clay Howells REE Project
Newsfile· 2025-10-02 10:00
Core Insights - Argyle Resources Corp. has provided an update on its diamond drilling program at the Clay Howells Rare Earth Element (REE) Project, indicating significant progress and promising findings [1][2]. Drilling Progress - The drilling campaign has completed four holes, with drilling currently underway on the fifth hole, CH-25-05 [2][3]. - A total of 1231 meters were drilled from September 21st to September 29th, averaging 102.6 meters per day [3]. - Hole CH-25-05 is currently at 267 meters of a planned 300 meters, with drilling expected to be completed shortly [3]. Significant Findings - A notable discovery was made in hole CH-25-04, where a 5.9-meter interval of magnetite-layered carbonatite was encountered between 165.25 and 171.15 meters [4][5]. - Preliminary analysis confirmed the presence of high-grade REE, including cerium, lanthanum, neodymium, and praseodymium, making this one of the most promising intervals in the drilling program [5]. Future Plans - The company plans to continue drilling in the same magnetic anomaly area following the success of hole CH-25-04 [2][5]. - The next planned hole, 2025-AR-006-b, will commence after the completion of CH-25-05 [3]. Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and exploring natural resource properties in North America, including the Clay Howells REE project in Ontario [9].
Mustang Energy and Skyharbour Resources Stake an Additional Claim on its 914W Uranium Project
Globenewswire· 2025-10-01 20:34
Core Insights - Mustang Energy Corp. has staked an additional claim on its 914W Uranium Project in collaboration with Skyharbour Resources Ltd. [1] - The new claim, designated MC00022913, covers an area of 1182.25 hectares and is located immediately east of the original 914W claim [2] - Historical exploration on the new claim includes airborne EM, magnetic, and radiometric surveys conducted in 1969 and 1976, with minimal modern exploration having been performed [2] Company Overview - Mustang Energy is a Canadian mineral exploration company focused on discovering and developing uranium and critical mineral assets [3] - The company holds a portfolio of 147,153 hectares of strategically located properties in Saskatchewan's Athabasca Basin, a leading uranium district globally [3] - Mustang Energy is advancing early-stage exploration using modern techniques and a disciplined, data-driven approach, aiming to build long-term value through responsible exploration [3]
Blue Star Reports Nutaaq Field and Drill Results Including 7.31 g/t Gold Over 5.7 Metres
Newsfile· 2025-10-01 12:00
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company"), a leading explorer in Canada's North announces initial drill results from the recently completed Exploration Program at its projects located in the High Lake Belt, West Kitikmeot Region of Nunavut (Figure 1). Blue Star's drilling program ended on August 30th after testing five target areas identified during the Phase I Surface Exploration Program. Res ...
Dolly Varden Silver Intersects 3.34 g/t Gold over 120 Meters, Including 216 g/t Gold over 0.52 Meters and 166 g/t Gold over 1.30 m in Step-Out Hole at Homestake Silver Deposit
Newsfile· 2025-10-01 12:00
Core Insights - Dolly Varden Silver Corporation reported a significant gold intercept from a step-out drill hole at the Homestake Silver deposit, with hole HR25-456 intersecting 3.34 g/t Au over 120 meters, including high-grade intervals of 216 g/t Au over 0.52 meters and 166 g/t Au over 1.3 meters [1][3][4] Drill Results - The drill hole HR25-456 is a 45-meter step-out from previous holes, confirming continuity and growth potential outside of current mineral resources [1][5] - Approximately 40% of the 2025 drill program, totaling 55,000 meters, is focused on expanding and infilling high-grade gold mineralization at the Homestake Silver Deposit [1][4] Geological Context - The Homestake Ridge deposits are characterized as structurally controlled, multi-phase epithermal vein stockwork and vein breccia systems hosted in Jurassic Hazelton volcanic rocks, with mineralization consisting of pyrite, galena, and sphalerite, along with visible gold [10][11] - Recent drilling indicates a shift towards a gold-rich system, with a shallow north plunging dilation zone defined by a wide mineralized interval and increased frequency of high-grade gold veins [11] Future Exploration - The ongoing drill program includes five diamond drills targeting high-grade gold mineralization and testing areas outside the current resource [4][5] - Additional results from various exploration targets, including the Wolf Vein silver mineralization extension and Big Bulk copper-gold porphyry system, will be reported as assays are received [4]
Brixton Metals Drills 15m of 2.26 g/t Gold at the Trapper Gold Target
Globenewswire· 2025-10-01 11:30
Brixton Drills 6.4m of 4.61 g/t Gold including 14.3 g/t Gold over 1.5mVANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional drill results from the Trapper Gold Target this season. Drilling at the Trapper Target has been completed for the season. A total of 6272m was drilled at the Trapper Target from 30 holes. Assays are pending for the remaining 18 holes with visible gold having bee ...
Collective Mining Announces a 200 Metre Strike Extension at the Ramp Zone with Results Including 50.50 Metres at 5.66 g/t Gold and 13 g/t Silver
Prnewswire· 2025-10-01 10:30
Core Insights - Collective Mining Ltd. has announced positive assay results from two diamond drill holes aimed at expanding the high-grade Ramp Zone within the Apollo system, which is part of the Guayabales Project in Caldas, Colombia [1][5][8] Company Overview - Collective Mining Ltd. is well-funded with approximately US$70.6 million in treasury as of the end of Q2 2025 and is conducting a fully funded 70,000 metre drill program for 2025 [2][3] - The company is currently operating ten drill rigs, with seven at the Guayabales Project and three at the San Antonio Project [2] Drilling Results - A total of approximately 137,000 metres of diamond drilling has been completed at the Guayabales Project, with 97,000 metres specifically at the Apollo system [3] - The two new drill holes, APC103-D6 and APC106-D2, have intersected significant gold and silver mineralization, with APC103-D6 reporting 50.50 metres at 5.66 g/t gold and 13 g/t silver, and APC106-D2 reporting 70 metres at 2.00 g/t gold and 5 g/t silver [5][9][11] - The Ramp Zone has been defined over an area measuring 275 metres of strike by 200 metres vertical and remains open in all directions, with the total vertical dimension traced from surface over 1,300 metres [5][8] Comparison with Neighboring Deposits - The Ramp Zone shares similarities with Aris Mining's Marmato Deeps deposit, located 1.75 kilometres southeast, which hosts a significant resource estimate of 3.76 million ounces of gold [8][10] - The company believes that the higher gold grades observed in the Ramp Zone compared to Marmato Deeps may be attributed to the mineralization being hosted within a breccia, which has more porosity for metal-bearing fluids [10][12] Future Plans - The current drilling program aims to extend the Ramp Zone by at least another 200 metres both vertically and laterally along strike [5][7] - The company has also acquired additional surface and mineral rights within and surrounding the Guayabales Project, which are crucial for planned infrastructure [13]
Capitan Silver Identifies New High-Priority Targets at Cruz De Plata and Provides Property Update
Newsfile· 2025-10-01 10:00
Core Insights - Capitan Silver Corp has identified new high-priority targets and high-grade mineral showings at its Cruz de Plata silver-gold project in Durango, Mexico, following a surface exploration campaign on a newly acquired 2,171-hectare land package [2][3][4] - The mineralized system at Cruz de Plata is significantly larger than previously outlined, with cumulative silver-mineralized vein structures now exceeding 20 kilometers, up from 7 kilometers [5][6] - The company plans to expand its Phase One Drill Program by 50% to a total of 15,000 meters, which is fully funded [4][28] Exploration and Discoveries - The exploration team has conducted a reconnaissance-scale surface evaluation, leading to the discovery of at least six new mineral showings and significant extensions to known mineralized structures [12][15] - New high-priority targets include Casco Norte, Jésus María Northwest, Jésus María East, San Rafael West, La Providencia, and La Purisima, with notable assay results such as 4,291.2 g/t AgEq from Casco Norte and 2,268.1 g/t AgEq from Jésus María Northwest [16][19][20][21][22][23] - A property-wide geophysical survey has been commissioned, expected to be completed by Q1 2026, to aid in target generation and expansion [5][29] Geological Insights - Detailed mapping and sampling have revealed a spatial correlation between the Jesús María silver trend and a granodiorite intrusive body, suggesting the potential for mineralization to continue along the contact [7][11] - The geological thesis indicates that hydrothermal mineralization occurs below the granodiorite, with radial fractures acting as conduits for mineralization across the property [11][12] Drilling and Sampling - The company has completed over 8,000 meters of drilling to date, with assays pending for 38 drill holes, and new drill holes being delivered to the lab weekly [28] - The airborne geophysical survey will cover the entire project area, generating detailed magnetic and conductivity maps to identify new alteration zones and geological features [29]
Galloper Closes Acquisition of Gold-Mineralized Exploration Claims
Newsfile· 2025-09-30 13:00
Core Viewpoint - Galloper Gold Corp. has completed the acquisition of additional exploration mineral licenses in Newfoundland, enhancing its exploration efforts and mineral holdings on Glover Island [1][2]. Acquisition Details - The acquisition includes four claims in one mineral license on Glover Island, adjacent to existing licenses, with a lump sum payment and a 1% NSR with a $250,000 buyback provision to the vendor [1][2]. - The acquisition adds known significant mineralization at surface, with potential at depth and along strike, increasing the mineralized strike length of the Lucky Smoke prospect by 400 meters [6]. Mineralization Insights - Surficial trenching values of up to 11.5g/t Au have been recorded from historic exploration at the Keystone and Jacomar prospects [6]. - The Lucky Smoke prospect was drilled in 2024, yielding significant results up to 18.79g/t Au in drill core [6]. Company Overview - Galloper Gold Corp. focuses on mineral exploration for gold and base metals on Glover Island, which consists of 477 claims across 15 mineral licenses totaling 12,200 hectares [3]. - The company holds a total of 122 km² of mineral lands on Glover Island, with favorable geological continuity in the mineralized corridor [6]. Leadership Commentary - The CEO of Galloper Gold Corp. emphasized that the acquisition adds significant value to the company and extends known mineralization, positioning Galloper as a breakout player in the gold and base metals sector [2].