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Great Pacific Gold Intersects 7.0 m of 10.3 g/t Au Eq. at Wild Dog
Newsfile· 2025-06-05 11:30
Core Insights - Great Pacific Gold Corp. is actively exploring the Wild Dog Project in Papua New Guinea, with a focus on high-priority targets within a 3km strike length [1][2] - The current drill program involves approximately 2,500 meters of diamond drilling across 16 planned holes, with a strong conductivity trend identified over 15km [2] Drilling Program Update - The Phase 1 drill program has commenced, with the first results indicating the intersection of high-grade copper-gold hydrothermal breccia [4][5] - The company has completed three drill holes, with a fourth hole currently in progress [5] - Drill hole WDG-02 intercepted 7.0 meters at 10.3 g/t AuEq, including 2.0 meters at 14.3 g/t AuEq [7][10] Geological Insights - WDG-02 targeted sulphide mineralization beneath the historic Central Oxide Pit, previously mined for high-grade oxide gold [7] - The geology of WDG-02 includes weathered andesite, lapilli tuff, and hydrothermal breccia, with significant mineralization observed [12][13] Technical Improvements - The company has refined its drilling techniques, leading to improved core recovery rates in subsequent holes [8][9] - Core recovery for WDG-02 was reported at 83%, with ongoing improvements noted in WDG-03 and WDG-04 [19] Future Plans - The company anticipates a steady flow of news from the drilling program as it systematically tests about 10% of the overall 15km Wild Dog structural corridor [4] - Further drilling is planned to follow up on the main Wild Dog vein structure, with WDG-04 currently underway [7][8]
Aya Gold & Silver Reports High-Grade Exploration Results at Boumadine, Extends Imariren Zone to 0.7km and Adds 4 New Regional Permits
Globenewswire· 2025-06-05 11:00
| DDH No. | Section | Zone | From | To | Au | Ag | Length* | Cu | Pb | Zn | Mo | Ag Eq** | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (m) | (m) | (g/t) | (g/t) | (m) | (%) | (%) | (%) | (g/t) | (g/t) | High-Grade Intercepts on the Boumadine Main Trend: BOU-DD25-516 intercepted 5,373 grams per tonne ("g/t") silver equivalent ("AgEq") over 0.5m (66.7 g/t gold ("Au"), 111 g/t silver ("Ag"), 1.6% zinc ("Zn"), 1.0% lead ("Pb") and 0.1% copper ("Cu") and 114 g/t AgEq o ...
Midnight Sun Announces Kazhiba Target 2 Drilling Underway
Newsfile· 2025-06-05 10:30
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") is pleased to report that diamond drilling is underway at the Kazhiba Target 2 sulphide copper target on the Company's Solwezi Project in Zambia. Midnight Sun's President & CEO, Al Fabbro, states "Kazhiba Target 2 represents an exciting opportunity to reach a major new milestone for Midnight Sun. By utilizing a phased sequence of exploration methods, we ha ...
Almadex Acquires Ruby Hill Silver-Gold Exploration Project by Staking, Surface Sampling returns 992 g/t Silver
Globenewswire· 2025-06-04 18:14
Core Viewpoint - Almadex Minerals Ltd. has acquired a 100% interest in the Ruby Hill early-stage exploration project in central Nevada, identified through its regional exploration program in the western USA [1] Group 1: Project Details - The Ruby Hill project features significant areas of argillic alteration and silicification within rhyolite volcanics, with historic mine workings indicating previous exploration efforts [2] - Preliminary sampling results are promising, with 12 out of 59 grab rock samples returning over 25 g/t silver, and 7 samples exceeding 100 g/t silver, with a maximum of 992 g/t silver and an average of 45 g/t silver [2] - Gold values are also notable, with 17 samples returning over 0.1 g/t gold, peaking at 0.94 g/t gold and averaging 0.10 g/t gold across all samples [2] Group 2: Geophysical Survey and Future Plans - A geophysical survey identified a significant chargeability anomaly, interpreted as a potential zone of alteration and sulphide development extending to depth [3] - The company plans follow-up prospecting, sampling, and geological mapping to target future drilling efforts based on the high IP chargeability area [3][4] Group 3: Company Overview - Almadex Minerals Ltd. holds a diverse mineral portfolio across Canada, the U.S., and Mexico, supported by in-house exploration capabilities and drilling equipment [8] - The company emphasizes its experience in porphyry lithocap exploration and aims to advance its projects in 2025, expecting it to be a significant year for growth [4][8]
T2 Metals Reports Results from the Third Drill Program at the Sherridon VMS Project, Manitoba Includes High Grade Gold and Silver Intersection Grading 7.2 g/t Au, and 145.5 g/t Ag
Newsfile· 2025-06-04 12:00
Core Insights - T2 Metals Corp. announced results from its Q1 2025 drill program at the Sherridon VMS project, highlighting high-grade gold and silver intersections, including 7.2 g/t Au and 145.5 g/t Ag [2][4][6] Group 1: Drill Program Overview - The Q1 2025 drill program consisted of four holes totaling 1,120 meters, targeting a strike length exceeding 800 meters east of the Bob Lake Historical Resource [3] - The drilling focused on untested geophysical targets rather than areas with past mining or historical resources, aiming to reduce environmental impact [5][12] Group 2: Significant Findings - Drillhole SHN25021 intersected a new zone of high-grade precious metal mineralization, similar to previous findings at the Lost Lake prospect, indicating potential for further exploration [4][8][11] - Drillhole SHN25022 targeted hanging wall Cu-Zn mineralization adjacent to the Bob Lake Historical Mineral Resource, intersecting semi-massive sulfide mineralization [9] Group 3: Future Exploration Plans - The company plans to continue exploring the Sherridon project for Snow Lake-style gold targets, emphasizing the potential for high-grade Au-Ag mineralization [11][30] - Geophysical surveys are currently suspended due to fire-related evacuation orders, but will resume to provide additional information on high-merit targets [13]
South Pacific Metals Announces Appointment of Timo Jauristo as Strategic Advisor
Newsfile· 2025-06-04 11:30
Core Viewpoint - South Pacific Metals Corp. has appointed Mr. Timo Jauristo as a Strategic Advisor, bringing over 40 years of mining industry experience to the company, which is crucial as it enters a significant exploration phase [1][2][3] Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea, with a land package of 3,100 km² and four key projects [4][6] - The company is strategically located near major producers such as K92 Mining and PanAust, enhancing its exploration potential [7] Leadership and Experience - Mr. Timo Jauristo has a notable background, having served as Executive Vice President of Corporate Development at Goldcorp Inc. and held senior roles at Placer Dome and other major mining companies [2] - His extensive experience in global exploration and project development is expected to benefit South Pacific Metals as it advances its projects [2][3] Strategic Initiatives - The company is focusing on its Osena and Anga Gold-Copper Projects, which are located in the Kainantu Gold District, known for high-grade mineralization [3][7] - Mr. Jauristo's involvement is seen as a key factor in unlocking the potential of these assets [3] Share Options - Mr. Jauristo has been granted 500,000 share options at a price of C$0.50 per share, exercisable for five years, with a vesting schedule over three years [3]
C3 Metals Commences Drill Testing Multiple Epithermal Gold Targets at Super Block Project, Jamaica
Newsfile· 2025-06-03 11:44
Core Viewpoint - C3 Metals Inc. has initiated a 14-hole diamond drilling program totaling 2,500 meters at its Super Block Project in Jamaica, targeting multiple epithermal gold prospects, including the historically significant Pennants Gold Mine [1][2][3]. Company Overview - C3 Metals Inc. is a mineral exploration company focused on discovering and developing large copper and gold deposits, holding approximately 30,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [12]. - The company has identified 16 porphyry, 40 epithermal, and multiple volcanic redbed copper prospects over a 30km strike extent in Jamaica, holding a 50% interest in a joint venture with Geophysx Jamaica Ltd. [12]. Project Details - The Super Block Project features a 5km gold trend with the Pennants Gold Mine at its center, which produced approximately 16,000 gold ounces from 2002 to 2004 [5]. - Historical estimates indicate a non-compliant NI 43-101 resource of 75,500 tonnes at 20.4 g/t gold, with notable historical drill intersections including 1.7m at 430.0 g/t gold [5][20]. - The PEZ prospect shows a coherent gold anomaly measuring 1,500m by up to 190m wide, with soil sampling results indicating averages of 0.41 g/t gold over 60m [5][6]. - The DHZ prospect has a defined gold anomaly measuring 550m by up to 190m wide, with rock chip samples assaying up to 35.8 g/t gold at surface [6][5]. Drilling Program Insights - The initial drilling program aims to follow up on historical high-grade gold results and assess the extensions of gold anomalies to the northwest and southeast of the Pennants Mine [3][11]. - The company believes the gold system remains open in multiple directions and at depth, with the potential for multiple low to intermediate sulfidation systems [8][11]. Future Plans - C3 Metals is in a financial position to expand the drilling program beyond the initial 14-hole plan, depending on the results obtained [11].
ValOre Highlights Strategic Synergies and Near-Term Exploration Plans for the Combined Pedra Branca Gold and PGM Projects, Ceara State, Brazil
Globenewswire· 2025-06-03 11:00
Strategic and Operational Synergy Highlights Comprehensive Work Program Planned for H2 2025 Upon closing of the transaction, ValOre will immediately initiate a broad and detailed data compilation and validation campaign, including the following key elements: On May 20, 2025, ValOre and South Atlantic announced that the annual general and special meeting (the "Meeting") of the shareholders of South Atlantic will be held on June 13, 2025; South Atlantic shareholders as of the close of business on May 7, 2025 ...
Collective Mining Expands the Outcropping Portion of Apollo by Drilling High-Grade Tungsten, Copper, Gold and Silver Including 124 Metres at 3.03 g/t AuEq (0.66% WO3Eq) from Surface
Prnewswire· 2025-06-02 20:01
Core Insights - The company is currently operating nine drill rigs as part of a fully funded 70,000-metre drill program for 2025, with seven rigs at the Guayabales Project and two at the San Antonio Project [1][2] - The drilling program aims to expand the high-grade Ramp Zone and test new targets, with significant results already reported from recent drilling activities [4][13] Drilling Program Details - Approximately 123,000 metres of diamond drilling has been completed at the Guayabales Project, including 85,000 metres specifically at the Apollo system [2] - The company plans to mobilize two additional deep capacity rigs to the Guayabales Project to further explore the high-grade Ramp Zone [1][4] Mineralization Findings - Continuous high-grade tungsten has been found alongside copper, gold, and silver mineralization at the Apollo system, which is expected to enhance the project's economic viability [3][12] - Recent drilling results have shown significant intersections of high-grade mineralization, including: - 91.00 metres at 3.04 g/t AuEq from 56.15 metres down hole [7] - 124.00 metres at 3.03 g/t AuEq from surface [12] - The shallow drilling program at Apollo is over 50% complete, with results indicating high-grade gold, tungsten, copper, and silver mineralization [7][9] Future Plans and Objectives - The company aims to improve the overall grade of the Apollo system by systematically testing newly modeled high-grade sub-zones and expanding the Ramp Zone [6][13] - New grassroots targets, including the Knife and X, are set to be drilled soon, alongside ongoing work at the San Antonio project [4][13] Company Background - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration in Caldas, Colombia, with options to acquire 100% interests in two projects within an established mining camp [11][14] - The company was founded by a team that previously developed and sold Continental Gold Inc. for approximately $2 billion [11]
Azimut and KGHM Launch Exploration Campaign at Kukamas
Globenewswire· 2025-05-29 10:30
Core Viewpoint - Azimut Exploration Inc. has announced the commencement of a $3.6 million exploration program on the Kukamas Property, confirming high-grade Platinum Group Elements (PGE) at the Perseus Zone, which was discovered in 2024 [1][2][3]. Exploration Program - The exploration program will consist of two phases: detailed mapping and prospecting in Phase 1, followed by 4,000 meters of diamond drilling in Phase 2, planned for late summer [3][6]. - The primary goal is to build on the significant progress made in 2024, where five drill holes in the Perseus Zone yielded excellent results, indicating a high-grade nickel and PGE mineralized system [3][4]. Assay Results - Recent assay results from 30 selected high-grade nickel samples from the Perseus Zone show nickel grades ranging from 3.46% to 19.60% [5][10]. - The samples also revealed high palladium grades between 1.16 g/t and 12.15 g/t, and platinum grades up to 3.65 g/t, along with significant values for rare PGEs [8][10]. Property Overview - The Kukamas Property spans 337.8 square kilometers and includes 665 claims, with a cumulative strike length of 41 kilometers [9]. - The project is well-supported by infrastructure, including high-voltage power lines and proximity to the Trans-Taiga Road, enhancing its accessibility for exploration activities [9]. Partnership and Financials - Under an option agreement, KGHM International Ltd can acquire an initial 50% interest in the Kukamas Property by funding $5 million in work expenditures over four years [14]. - KGHM has a second option to earn an additional 20% interest by delivering a preliminary economic analysis and incurring at least $4.2 million in work expenditures over three years [14]. Company Background - Azimut is recognized as a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [15][16]. - The company is advancing multiple projects, including the Elmer Gold Project, which is at the resource stage, and the Galinée lithium discovery [16].