Core Insights - PMET Resources Inc. announced significant lithium and caesium discoveries from its 2025 drilling campaign at the Shaakichiuwaanaan Property, indicating the potential for expanded mineral resources and reserves [2][4][5] Drilling Campaign Overview - A total of 57,024 meters of diamond drilling was completed in 2025, with results reported for 41,943 meters across 173 holes, while assays for 15,081 meters remain pending [3][5][30] - The drilling campaign included testing multiple lithium-caesium-tantalum (Li-Cs-Ta) pegmatite prospects, infill drilling, and condemnation drilling to support development [5][21] Lithium Discoveries - New lithium zones were discovered at the CV4 and CV12 pegmatites, with notable intercepts including 27.0 meters at 1.14% Li2O and 229.0 meters at 1.31% Li2O, respectively [2][17] - The CV5 Pegmatite's strike length has been extended to approximately 5.0 kilometers, with significant results such as 224.9 meters at 1.34% Li2O [24] Caesium Discoveries - A new caesium zone was identified at the CV12 Pegmatite, with intercepts including 23.0 meters at 5.82% Cs2O within a broader anomalous zone of 223.0 meters at 0.98% Cs2O [14][17] - High-grade caesium was also intersected at the CV5 Pegmatite, with results including 0.5 meters at 17.9% Cs2O [24] Mineral Resource Estimates - The Consolidated Mineral Resource Estimate for the CV5 and CV13 pegmatites totals 108.0 million tonnes at 1.40% Li2O and 0.11% Cs2O, with a Probable Mineral Reserve of 84.3 million tonnes at 1.26% Li2O [6][7] Future Plans - The geology team is working on updating geological models based on new drill data, with plans for a revised economic study scheduled for the second half of 2026 [29] - Additional drilling is planned to further delineate the caesium zones and assess the potential for underground resources [14][20]

Final Short Form Prospectus Accessible on SEDAR+Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- FireFly Metals Ltd (ASX: FFM, TSX: FFM) (FireFly or Company) is pleased to announce that, in connection with its previously announced bought deal offering, it has filed a final short form prospectus dated 12 December 2025 (Final Prospectus) to qualify the distribution of 19,230,770 ordinary shares of the Company (Offered Shares) at ...

Core Viewpoint - DLP Resources Inc. has announced significant drill results from the Aurora Project, indicating successful mineralization of copper, molybdenum, and silver, with plans to update the Mineral Resource estimate and complete a Preliminary Economic Assessment (PEA) by Q1 2026 [1][3]. Summary of Drill Results - Drillhole A25-026 intersected 1.02% CuEq over 260.50m within a total interval of 866.95m averaging 0.55% CuEq [5][8]. - Drillhole A25-027 showed 0.42% CuEq over 679.20m, with notable intervals of 0.36% CuEq over 370.00m and 0.48% CuEq over 547.20m [5][8]. Geological Context - The Aurora Project is characterized by mineralized hornfels and porphyry, with significant intervals of copper and molybdenum mineralization identified in both drillholes [6][10]. - Historical drilling data indicates that previous drilling efforts primarily tested leached zones, with only a few holes reaching the primary copper and molybdenum zones [17][19]. Future Plans - The company is on track to update the initial Mineral Resource Estimate and complete the PEA by Q1 2026, with ongoing geological model reviews and infrastructure assessments [3][15][16]. Quality Control Measures - DLP Resources has implemented rigorous quality control and assurance protocols, including the use of certified reference materials and independent laboratory analysis to ensure data reliability [13][14]. Company Overview - DLP Resources Inc. is focused on mineral exploration in Southeastern British Columbia and Peru, targeting base metals and cobalt, and is publicly traded on TSX-V, OTCQB, and FSE [30].

Aftermath Silver: Drilling Continues at Berenguela and Drilling Commences at Challacollo Silver ProjectDecember 10, 2025 8:30 AM EST | Source: Aftermath Silver Ltd.Vancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQX: AAGFF) (the "Company" or "Aftermath Silver") is pleased to announce that a targeted follow-up drill campaign of 4,000m of diamond core drilling and 2,000m of RC drilling has started at its Berenguela silver-copper-manganese ...

Core Insights - SAGA Metals Corp. has successfully completed diamond drilling in the Trapper South zone, totaling 977 meters across four drill holes, confirming extensive oxide mineralization [1][5][25] - The completion of Phases 1 and 2 of the mineral resource estimate drill program has validated a 3+ km magnetic anomaly within the Trapper zone, with significant findings in both the North and South targets [3][5][25] - The company has raised $6 million through an oversubscribed brokered LIFE Offering, positioning it to advance its critical drill program [3][5] Trapper South Zone Summary - All four drill holes in the Trapper South zone have intercepted rhythmic oxide layering, with significant cumulative thicknesses reported [6][7] - Drill hole R-0012 encountered 59.88 meters of rhythmic oxide layering, while R-0013 reported 174.87 meters of oxide, confirming the strong magnetic response [7][8] - Logging of drill holes R-0014 and R-0015 is ongoing, with expectations to report on lithological observations soon [6] Trapper North Zone Summary - Drilling in the Trapper North zone has completed 1,073 meters across four diamond drill holes, targeting a strong magnetic anomaly [11][12] - The drilling has revealed variations in structural attitudes, mapping an open anticline with significant thicknesses of oxide units [12] - Initial samples from drill holes R-0008 and R-0009 have been sent for assay, with results expected in the coming weeks [13] Drill Program Objectives - The objectives of Phases 1 and 2 include gathering structural, geometrical, and mineralogical information to set the stage for a robust 2026 maiden resource estimate [16][18] - The planned 15,000 meters of drilling aims to establish grade continuity across a 3 km strike length and integrate structural insights into future drilling designs [18][21] Company Overview - SAGA Metals Corp. is focused on the exploration of critical minerals, with the Radar Titanium Project covering 24,175 hectares and hosting a large mineralized layered mafic intrusion [28][31] - The company also holds the Double Mer Uranium Project and the Legacy Lithium Property, positioning it strategically in the critical minerals sector [29][30]

Core Insights - Seabridge Gold has reported significant drilling results from the Snip North Deposit at the Iskut project, indicating a large and robust Porphyry Cu-Au system with mineralization defined over a strike length of 2,100 meters, a dip projection of 600 meters, and a width of up to 700 meters [1][2] Drilling Results - The recent drilling has intersected wide intervals of consistent gold and copper grades, with notable holes such as SN-25-31 to SN-25-42 designed to infill and characterize potassic alteration and replacement mineralization [4][5] - Drill hole SN-25-31 reported an interval of 293.0 meters with an average gold grade of 0.46 gpt and copper grade of 0.10% [6] - Other significant results include SN-25-34 with 538.9 meters at 0.52 gpt gold and 0.13% copper, and SN-25-38 with 392.5 meters at 0.57 gpt gold [6][7] Geological Characteristics - The mineralization is primarily confined to a broad zone of potassic alteration within Triassic Stuhini sedimentary and volcanic rocks, characterized by hydrothermal biotite and magnetite [3] - The system exhibits intense quartz-sericite-pyrite alteration, indicating high-temperature and high magmatic fluid flux, with significant molybdenum grades observed [4] Future Outlook - The company is confident in achieving a significant maiden resource estimate for Snip North in early 2026, with ongoing assays and modeling to further define the limits of mineralization [2][11] - There is potential for discovering a higher-grade intrusive source, as indicated by promising results from specific drill holes [2][11]

Vancouver, British Columbia--(Newsfile Corp. - December 9, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to provide an update on its exploration activities across its portfolio of projects in Quebec, Ontario, Manitoba, Saskatchewan, New Brunswick, and Alaska, including partnerships with Sumitomo Metal Mining Canada Ltd. ("Sumitomo") and Centerra Gold Inc. ("Centerra").As of October 31, 2025, the Company's working capital position was approx ...

Core Insights - Kodiak Copper Corp. has announced the initial Mineral Resource estimate for its 100%-owned MPD copper-gold project, which includes seven deposits, marking a significant milestone in the project's development [1][5][25] Resource Estimate Summary - The total Indicated Mineral Resource is 82.9 million tonnes (Mt) with a grade of 0.39% copper equivalent (CuEq), equating to 519 million pounds (Mlb) of copper and 0.39 million ounces (Moz) of gold [5][10] - The total Inferred Mineral Resource is 356.3 million tonnes (Mt) with a grade of 0.32% CuEq, amounting to 1,889 million pounds (Mlb) of copper and 1.28 million ounces (Moz) of gold [5][10] - The resource estimates for the West, Adit, and South deposits were reported recently, complementing earlier estimates for the Gate, Ketchan, Man, and Dillard deposits [5][10] Project Characteristics - The West and Adit deposits feature high-grade mineralization from surface, while the South deposit is a large bulk tonnage deposit over 1 km in length that remains underexplored [5][6] - All deposits are characterized by shallow mineralization and favorable geometry, which are expected to support low strip ratios in future economic evaluations [5][6] Future Plans - Kodiak plans to focus on resource growth in 2026, including testing numerous underexplored targets on the MPD property, which presents opportunities for discovering new mineralized zones [5][6][18] - The exploration program will prioritize resource expansion and test multiple target areas, with approximately 20 targets currently identified on the property [6][18] Economic Potential - The MPD project is located in a well-established, low-cost mining district in southern British Columbia, enhancing its economic potential [6][25] - The initial Mineral Resource estimate indicates considerable scale and strong growth potential, consistent with leading copper porphyry projects in North America [6][25]

Core Insights - Fury Gold Mines has reported an initial inferred mineral resource estimate (MRE) for the La Pointe Extension target at the Sakami gold project, totaling 23.9 million tonnes grading 1.07 grams per tonne of gold, equating to 825,000 ounces [1][2] Group 1: Mineral Resource Estimate - The Sakami gold project MRE outlines 23.9 million tonnes grading 1.07 grams per tonne of gold, for a total of 825,000 ounces [1] - The MRE remains open in all directions, indicating potential for near-term growth to the northeast and southwest, as well as below the current open-pit limits [2] - The initial mineral exploration target at La Pointe is estimated to range between 8.1 million tonnes and 14.7 million tonnes, with grades between 1.57 grams per tonne and 1.11 grams per tonne of gold [2] Group 2: Discovery Cost and Acquisition - The discovery cost of the La Pointe Extension is estimated at less than C$9 per ounce (approximately $6.49 per ounce), which includes acquisition costs and drilling expenses [3] - Fury Gold Mines completed the acquisition of all issued and outstanding common shares of Québec Precious Metals in April this year [6] Group 3: Project Development and Future Potential - The CEO of Fury Gold Mines described the Sakami mineral resource estimate as an exciting milestone and a starting point for the project, emphasizing the potential for growth [4] - The Sakami project covers approximately 14,250 hectares and is located 30 kilometers east of the paved Billy Diamond Highway [5] - During the 2025 drilling campaign, the company completed seven diamond drill-holes totaling approximately 3,685 meters [5]

AJN Resources Inc. Signs Non-Binding Term Sheet to Acquire 55% Indirect Interest in Giro Gold ProjectDecember 08, 2025 9:59 PM EST | Source: AJN Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (AJN or the Company) is pleased to announce that it has entered into a non-binding term sheet with Amani Consulting SARL (Amani Consulting), Giro Goldfields SARL (Giro Goldfields) and Mabanga Mining SARL (Mabanga) pursuant to which ...