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Blackrock Silver Commences Eastern Expansion Drill Program Targeting 1.2km Trend at Tonopah West
Newsfile· 2025-07-21 09:00
Core Viewpoint - Blackrock Silver Corp. has initiated a fully-funded expansion drill program at its Tonopah West project, targeting a 1.2 km eastern extension of the high-grade Merten vein, which presents an opportunity to significantly increase the mineral resource inventory [2][4][5]. Group 1: Expansion Program Details - The expansion drill program will consist of 15 drill holes, utilizing one Reverse Circulation (RC) drill and two core drill rigs, totaling 5,000 meters of drilling [3][5]. - Drilling is expected to be completed by October 2025, with assay results anticipated by the end of the year [3][4]. - The program aims to explore the eastern extension zone between the DPB resource area and the eastern boundary of the project [3][5]. Group 2: Assay Results and Mineralization - Scout drilling has confirmed the eastern extension of the Merten vein, yielding high assay grades, including 2,063 grams per tonne (g/t) silver equivalent (AgEq) and 952 g/t AgEq over significant intervals [4][6][7]. - The newly defined mineralized zone is not included in the 2024 resource estimate and could substantially impact future resource estimates [8][5]. - The Merten vein's geometry suggests it may be an extension of the historic Ohio vein, which was previously mined [6][7]. Group 3: Future Resource Updates - Results from the current drilling program are expected to support a resource update in Q1 2026, while a separate resource update incorporating recent results is scheduled for Q3 2025 [4][5]. - The company is focused on enhancing shareholder value through the development of its mineral resources in Nevada [16].
Investor Webinar - Caesium MRE
Prnewswire· 2025-07-21 02:48
Core Viewpoint - Patriot Battery Metals Inc. announced a maiden Mineral Resource Estimate for caesium at the Rigel and Vega zones of its Shaakichiuwaanaan Property, highlighting the significance of this discovery and its implications for the company's future projects [1]. Group 1 - The live investor webinar will be hosted by Ken Brinsden, the Company's President, CEO, and Managing Director, to discuss the caesium discovery and provide updates on the lithium-only Definitive Feasibility Study for CV5 Shaakichiuwaanaan [1]. - Investors and shareholders can submit questions during the webinar or in advance via email to the Investor Relations Manager [2]. - The webinar is scheduled for July 22, 2025, at 8:00 AM Australian Western Standard Time, lasting approximately 45 minutes, with registration available online [3].
World's Largest Pollucite-Hosted Caesium Pegmatite Mineral Resource Defined at Shaakichiuwaanaan
Prnewswire· 2025-07-20 21:00
Core Insights - The company has confirmed the world's largest pollucite-hosted caesium pegmatite deposit at the Shaakichiuwaanaan Project, with a maiden Mineral Resource Estimate (MRE) for the Rigel and Vega zones [4][8][11] - The total contained caesium content is 30.5 kt Cs2O Indicated and 40.8 kt Cs2O Inferred, highlighting the scale and global significance of the discovery [4][8][11] - The caesium resources are included within the CV13 Pegmatite open-pit resource, which forms part of the company's consolidated MRE for the project [4][8][11] Mineral Resource Estimate - Rigel Caesium Zone: Indicated 163,000 t at 10.25% Cs2O, 1.78% Li2O, and 646 ppm Ta2O5 [11] - Vega Caesium Zone: Indicated 530,000 t at 2.61% Cs2O, 2.23% Li2O, and 172 ppm Ta2O5; Inferred 1,698,000 t at 2.40% Cs2O, 1.81% Li2O, and 245 ppm Ta2O5 [11] - The consolidated MRE includes Indicated 108.0 Mt at 1.40% Li2O, 0.11% Cs2O, and Inferred 33.4 Mt at 1.33% Li2O, 0.21% Cs2O [20] Market Potential - Caesium is a high-value, rare, and critical mineral currently supply constrained, with limited sources supplying the global market [4][17] - The discovery has the potential to be a primary source of supply for global markets, including applications in next-generation terrestrial solar panel technologies [4][17] - The market for caesium compounds is largely opaque, trading through bi-lateral contracts, with caesium carbonate currently trading at approximately US$120/kg and refined caesium metal around US$2,540/oz [16][17] Next Steps - The company is evaluating options to advance and incorporate the caesium opportunity at CV13 as a potential additional saleable product following the completion of the lithium-only Feasibility Study on the CV5 Pegmatite [19][21] - A scoping metallurgical program has commenced to test pollucite recovery using conventional X-ray ore sorting methods [21] - The company remains on track to deliver a maiden Ore Reserve and Feasibility Study for lithium at the CV5 Spodumene Pegmatite in CYQ3-2025 [4][22]
Sandfire Resources America Inc. Announces Drilling Results, Project Advancements at Black Butte, Board Changes and Loan Variation Renewal
Globenewswire· 2025-07-17 21:00
WHITE SULPHUR SPRINGS, Mont., July 17, 2025 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. (“Sandfire America” or the “Company”) is pleased to announce that its 2024-2025 drilling program was completed in mid-May 2025. Since the Company’s news release dated December 18, 2024, drilling has focused on further definition of the Johnny Lee Lower Copper Zone. Highlights include: 8.11 meters of 4.66% copper in hole SC24-311,14.99 meters of 7.99% copper in hole SC24-312,10.58 meters of 4.69% Cu in hole SC25-3 ...
Graphano Energy Ltd. Announces Initial Mineral Resource Estimate for Its Lac Saguay Graphite Project - LAB and Standard Properties
Newsfile· 2025-07-17 07:01
Core Insights - Graphano Energy Ltd. has announced an initial Mineral Resource estimate for its Lac Saguay Graphite Project, indicating significant potential for high-grade graphite in North America [1][2] Mineral Resource Estimate - The Mineral Resource estimate includes 1,640,000 tonnes of indicated resources at a grade of 7.00% graphitic carbon (Cg), containing 115,000 tonnes of Cg, and 1,580,000 tonnes of inferred resources at the same grade, containing 111,000 tonnes of Cg [3][5] - The LAB property features a high-grade pit zone with an indicated resource of 250,000 tonnes at 8.96% Cg [3][5] - The project is strategically located near major transportation routes and adjacent to the Lac-des-Iles processing facility, enhancing its logistical advantages [3][4] Development Plans - The company plans to execute a comprehensive development program that includes infill drilling to upgrade inferred resources, a bulk sampling program for metallurgical testing, and environmental baseline studies to support permitting [4][3] - There is significant infill potential and expansion opportunities identified within the existing mineralization zones, with six additional zones noted for future exploration [3][4] Market Context - The demand for graphite is increasing, particularly for applications in lithium batteries and energy storage technologies, positioning the Lac Saguay project to meet future market needs [18]
Newcore Gold Drilling Intersects 0.89 g/t Gold over 33.0 Metres and 3.98 g/t Gold over 6.0 Metres, at the Enchi Gold Project, Ghana
Globenewswire· 2025-07-16 10:28
Core Viewpoint - Newcore Gold Ltd. has reported significant drill results from its ongoing 35,000-metre drill program at the Enchi Gold Project in Ghana, confirming the continuity of gold mineralization at the Sewum Gold Deposit and indicating potential for resource growth [1][4][14]. Drilling Results - The drilling program has successfully intersected multiple zones of near-surface gold mineralization, with notable results including hole SWRC258 intersecting 0.89 grams per tonne gold over 33.0 metres and hole SWRC269 intersecting 3.98 grams per tonne gold over 6.0 metres, including a higher-grade interval of 22.62 grams per tonne gold over 1.0 metre [1][6][11]. - A total of 47 reverse circulation holes were drilled, totaling 4,493 metres, with 46 holes intersecting gold mineralization [4][9]. Resource Growth Strategy - The primary focus of the drill program is on resource growth and infill drilling aimed at converting Inferred Resources to Indicated Resources, with the first phase targeting completion of drilling for resource conversion ahead of a Pre-Feasibility Study [3][15]. - The Sewum Gold Deposit has an Indicated Mineral Resource of 20.9 million tonnes grading 0.48 grams per tonne gold, containing 323,300 ounces, and an Inferred Mineral Resource of 21.8 million tonnes grading 0.53 grams per tonne gold, containing 373,100 ounces [5][17]. Geological Insights - The Ridge Zone at Sewum is characterized by a series of stacked sub-parallel gold mineralized structures, with consistent gold mineralization defined over a length of 800 metres within the oxide and transition horizons [5][10]. - Approximately 45% of the gold-in-soil anomaly at Sewum remains untested by drilling, indicating further exploration potential [18]. Future Development Plans - Newcore Gold is advancing development work required for the Pre-Feasibility Study, including diamond drilling for metallurgical, geotechnical, and hydrogeological testwork [4][16]. - Additional exploration activities include metallurgical testwork, trenching, hydrogeological testing, and environmental assessments to enhance the confidence level of the Mineral Resource Estimate [16][25].
F3 - Hits 13.7% U3O8 Over 2.5m Within 5.5% Over 7.5m at JR
Newsfile· 2025-07-16 09:00
July 16, 2025 5:00 AM EDT | Source: F3 Uranium Corp. Kelowna, British Columbia--(Newsfile Corp. - July 16, 2025) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce the final assay results of 2024 JR Zone drilling including drillhole PLN24-184 (See NR October 29, 2024) which returned 13.0m of 3.2% U3O8, including a high grade core with 2.5m of 13.7% U3O8. Exploration geochemical results are highlighted by PLN24-187 which targeted and intersected the A1 Extension 3.2km ...
Ero Copper Intercepts 105 Meters at 1.54% CuEq¹ at Furnas Copper-Gold Project – Successfully Completes Phase 1 Drill Program
Globenewswire· 2025-07-10 11:00
Core Viewpoint - Ero Copper Corp. has successfully completed its Phase 1 drill program at the Furnas Copper-Gold Project, revealing significant down-dip mineralization and extending known limits, which positions the project as a potential large-scale, high-grade underground mining operation [1][4][6]. Group 1: Drill Program Details - The Phase 1 drill program consisted of 28,000 meters, with results received for approximately 10,000 meters, demonstrating continuity and extending mineralization to a maximum depth of 730 meters [1][2]. - Only one of the 66 holes drilled did not intercept mineralization, indicating a high success rate in the drilling campaign [2]. - The program included infill drilling to confirm high-grade mineralization continuity and step-out drilling to extend known mineralization limits [2][4]. Group 2: Mineral Resource Estimates - The current NI 43-101 mineral resource estimate is based on historical drilling averaging 300 meters in depth, with a maximum localized depth of 580 meters [1][6]. - The indicated mineral resource is estimated at 35.2 million tonnes grading 1.04% copper and 0.69 grams per tonne gold (1.36% CuEq), while inferred resources total 61.3 million tonnes grading 1.06% copper and 0.63 grams per tonne gold (1.36% CuEq) [14]. Group 3: Future Plans - The company is advancing to a Phase 2 drill campaign, expected to comprise a minimum of 17,000 meters, with a greater focus on step-out drilling [5][6]. - The complete results from the Phase 1 program will inform an updated NI 43-101 mineral resource estimate and a preliminary economic assessment (PEA) scheduled for completion in the first half of 2026 [6][9]. Group 4: Project Location and Infrastructure - The Furnas Project is located in the Carajás Mineral Province in Pará State, Brazil, approximately 50 kilometers from Vale Base Metals' Salobo operations and 190 kilometers from Ero's Tucumã Operations [7][8]. - The project area covers approximately 2,400 hectares and is near extensive regional infrastructure, including paved roads and a power substation [8]. Group 5: Partnership and Agreements - In July 2024, Ero Copper signed an earn-in agreement with Salobo Metais S.A., a subsidiary of Vale Base Metals, to earn a 60% interest in the project by completing exploration and development milestones over five years [9][35].
New Found Gold Expands and Confirms Continuity of High-Grade Gold Mineralization at the Keats West Zone
Prnewswire· 2025-07-09 21:30
Core Insights - New Found Gold Corp. announced the first drill results from its 2025 Work Program at the Queensway Gold Project, confirming high-grade gold mineralization at the Keats West zone and indicating potential for in-pit and near-pit expansion [2][3][12] Drilling Results - The drilling program included 2,691 meters across 22 diamond drill holes, focusing on infill drilling at Keats West to enhance resource classification and confidence in high-grade domains [3][5] - Significant intercepts included 55.0 g/t Au over 35.05 m, 20.7 g/t Au over 18.05 m, and 15.4 g/t Au over 16.70 m, confirming continuity of high-grade gold mineralization [5][6][14] - The mineralization at Keats West starts at surface and extends to a vertical depth of 150 meters, indicating a shallowly positioned gold system [14] Future Plans - The company plans to continue infill drilling in H2/25, targeting lower-grade material and expanding drilling in new mineralization areas within the open pit [9][11] - Excavation of the Lotto Zone is underway to enhance geological model certainty and assess grade continuity, followed by detailed mapping and additional drilling [11][12] Project Development - An initial Mineral Resource Estimate (MRE) was released in March 2025, with a preliminary economic assessment (PEA) ongoing, expected to be completed by early Q3/25 [12][33] - The Queensway project covers a 175,450-hectare area with significant potential for new discoveries along known gold zones [34]
1.46 Million Ounces of Gold Outlined on Globex’s Duquesne West Property by Emperor Metals
Globenewswire· 2025-07-09 15:05
Core Viewpoint - Globex Mining Enterprises Inc. announces a new Mineral Resource Estimate from Emperor Metals Inc. for the Duquesne West Property, indicating significant resource growth and potential for further exploration [1][3]. Summary by Relevant Sections Mineral Resource Estimate - The new Inferred Mineral Resource is reported at 26.9 million tonnes containing 1.46 million ounces of gold, with an average grade of 1.69 grams per metric tonne Au [2]. - Approximately 44% of the total gold resource is suitable for open-pit extraction, while 56% may be mined through underground methods [3]. Historical Context and Future Plans - Emperor Metals has more than doubled the historical resource estimate, with a goal to exceed the two-million-ounce mark in 2025 through systematic exploration [3]. - The focus for 2025 includes exploration from 1000 feet depth to surface, aiming for continued resource growth [3]. Resource Breakdown - The resource estimate includes a breakdown of pit-constrained and out-of-pit mineral resources, with specific tonnage and gold content at various cutoff grades [5][10]. - For example, at a 0.25 g/t cutoff, the pit-constrained resource is 18.2 million tonnes containing 0.646 million ounces of gold at a grade of 1.11 g/t [5]. Qualified Person and Reporting - The Mineral Resource was prepared by APEX Geoscience Ltd. under the supervision of Warren Black, M.Sc., P.Geo., and will be filed under Emperor's SEDAR+ profile within 45 days [9].