Mineral Resource Estimate
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QGold Reports Results from Its Drilling Campaigns at Its Mine Centre Gold Project
Globenewswire· 2026-02-18 12:30
TORONTO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) ("QGold" or the "Company") is pleased to announce the results of its first and second diamond drilling campaigns of 2025 at its Mine Centre gold project in northwestern Ontario (Fig. 1). Highlights: Hole Q25_28 intersected 36.7 g/t Au over 0.5 m from 48.0m to 48.5mHole Q25_31 returned 8.1 g/t Au over 0.7m from 188.0m to 188.7m and 3.9 g/t Au over 0.5m from 138.6m to 139.1mHole Q25_32 showed an a ...
K92 Mining Announces Expansion of Near-Mine Infrastructure Dilatant Zone, Significant Depth Extension From First Set of Deeps Drill Program Results and Multiple High-Grade Intersections at Kora and Judd
Globenewswire· 2026-02-18 11:00
VANCOUVER, British Columbia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its latest high-grade results from the ongoing underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora and Judd Deeps targets at the Kainantu Gold Mine in Papua New Guinea. Expansion of Near-Mine Infrastructure Dilatant Zone in Twin Incline Mining Front Multiple high-grade dilatant zone intercepts recorded a ...
K92 Mining Announces Expansion of Near-Mine Infrastructure Dilatant Zone, Significant Depth Extension From First Set of Deeps Drill Program Results and Multiple High-Grade Intersections at Kora and Judd
Globenewswire· 2026-02-18 11:00
VANCOUVER, British Columbia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its latest high-grade results from the ongoing underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora and Judd Deeps targets at the Kainantu Gold Mine in Papua New Guinea. Expansion of Near-Mine Infrastructure Dilatant Zone in Twin Incline Mining Front Multiple high-grade dilatant zone intercepts recorded a ...
Hycroft Delivers 55% Growth in Mineral Resources
Prnewswire· 2026-02-18 11:00
Grade in Vortex Silver System[Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces drill results from the 2025-2026 Exploration Drill Program...]### Hycroft Expands Vortex High-Grade Silver System[Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces initial drill results from the 2025-2026 Exploration Drill...][More Releases From This Source]## Explore[Mining & Metals][Mining & Metals][Precious Metals] [Mining][News Releases in Similar ...
GoldMining Updates Mineral Resource Estimate with Inclusion of Antimony at its Crucero Gold Project, Peru
Prnewswire· 2026-02-17 11:30
Core Viewpoint - GoldMining Inc. has released an updated Mineral Resource Estimate (MRE) for its Crucero Project in Peru, highlighting a significant increase in gold equivalent ounces and the inclusion of antimony for the first time, which is expected to enhance the project's value [1]. Group 1: Mineral Resource Estimate Highlights - The updated MRE indicates a 75% increase in estimated gold equivalent ounces in the Indicated category compared to the previous MRE from 2017 [1]. - The Indicated Mineral Resource is now 42.7 million tonnes at 1.26 grams per tonne (g/t) gold equivalent, totaling 1.74 million ounces (Moz) AuEq [1]. - The Inferred Mineral Resource is reported as 34.9 million tonnes at 0.93 g/t AuEq, equating to 1.04 Moz AuEq [1]. Group 2: Antimony Contribution - Antimony is now modeled in the MRE, contributing approximately 25% of the Indicated AuEq ounces and 29% of the Inferred AuEq ounces [1]. - The inclusion of antimony is noted as a strategic enhancement, given its global importance as a critical metal [1]. Group 3: Economic Assumptions - The MRE is based on long-term average prices of US$3,110 per ounce for gold and US$28,700 per tonne for antimony [1]. - The report emphasizes that the current spot prices for gold are near US$5,000 per ounce, indicating potential for further value realization [1]. Group 4: Project Background and Exploration - The Crucero Project is located in Carabaya Province, Peru, and has undergone extensive exploration from 1996 to 2012, including geological mapping and diamond drilling [1]. - The project consists of eight mining concessions covering an area of 4,600 hectares, and is wholly owned by GoldMining through its subsidiary Blue Rock Mining S.A.C. [1].
Scorpio Gold Announces Development of State-of-the-Art Core Processing & Storage Facility Through Strategic Divestiture of Manhattan Mill Assets
TMX Newsfile· 2026-02-17 01:58
Core Insights - Scorpio Gold Corporation is implementing a strategic realignment of infrastructure at its Manhattan District project in Nevada to support a modern, centralized core processing, logging, and storage facility aimed at expanding exploration programs [1][2]. Infrastructure Development - The company plans to construct a geological facility that will enhance drill volumes, geological interpretation, and core management systems, freeing up space in an existing structure that is currently undersized for future operations [2][3]. - The objective is to establish infrastructure for efficient processing, analysis, and secure storage of drill core to support an aggressive exploration strategy [3][4]. Leadership Perspective - CEO Zayn Kalyan emphasized the need for modern infrastructure to scale exploration activities, stating that the investment in a centralized facility will enable higher drill volumes and improved geological modeling [4]. Facility Features - The planned facility will include centralized core receiving and processing areas, dedicated logging and sampling stations, expanded secure core storage, and integrated geological data capture systems [5][13]. Capital Reallocation - The company’s subsidiary, Goldwedge LLC, has entered into an asset purchase agreement with Manhattan Metals Corp. to sell certain mineral processing infrastructure for C$750,000, which will support the exploration focus [6][8]. Processing Assets Details - The processing assets include a permitted facility with a primary crusher and a milling circuit capable of processing approximately 400 tons per day, although these assets have not been operational in recent years [7][8]. Transaction Timeline - The sale transaction is scheduled to close on May 14, 2026, subject to customary closing conditions, including approval from the TSX Venture Exchange [9]. Marketing Engagement - Scorpio Gold has retained Mining Stock Education LLC for investor communication and marketing services, with a total compensation of US$120,000 over twelve months [10]. Historical Context - The Manhattan District has historically produced approximately 700,000 ounces of gold, with a maiden mineral resource estimate indicating 740,000 ounces of contained gold in the inferred category [11][12].
Aftermath Silver launches PFS at Berenguela project in Peru
Yahoo Finance· 2026-02-12 17:32
Core Viewpoint - Aftermath Silver has initiated a Pre-Feasibility Study (PFS) for its Berenguela silver-copper-manganese project in Peru, marking a significant step towards potential production [1] Group 1: Project Development - The initiation of the PFS follows a successful C$20 million equity financing and an extensive 82-hole infill drilling program completed in 2025 [1] - The drilling campaign intersected mineralization in 95% of the holes, significantly increasing geological confidence in the project [1] - The updated Mineral Resource Estimate confirmed approximately 122.5 million ounces of silver and 717.1 million pounds of copper, enhancing the understanding of the deposit [1] Group 2: Future Plans - The PFS will build on the improved geological model and is expected to outline updated project economics, mine planning parameters, and development scenarios [1] - While advancing the PFS, the company plans to maintain exploration momentum across its portfolio, including drilling at the Challacollo silver project in Chile [1] - The initiation of the PFS is seen as a pivotal step in transforming Berenguela from an advanced exploration asset into a potential future mining operation [1]
ATEX Extends High-Grade Breccia Mineralization by 100 Meters to the North at the B2B Zone
TMX Newsfile· 2026-02-12 12:00
Core Insights - ATEX Resources Inc. has reported significant drilling results from the Valeriano Copper-Gold Project, highlighting a high-grade interval of 56 meters at 2.36% CuEq within a broader interval of 592 meters at 1.04% CuEq, extending the high-grade core of the B2B Zone by approximately 100 meters to the north [1][6][3] Drilling Program Update - The Phase VI drill program is progressing ahead of schedule, with six diamond rigs having completed 19,800 meters, representing 80% of the targeted 25,000 meters [1][10] - Current drilling is focused on the B2B Zone, with follow-up drilling targeting extensions to the north and south [3][6] Technical Results - Hole ATXD32 intersected 56 meters of 2.36% CuEq (1.49% Cu, 0.78 g/t Au, 4.9 g/t Ag, 20.6 g/t Mo) within a broader interval of 592 meters at 1.04% CuEq (0.69% Cu, 0.29 g/t Au, 1.6 g/t Ag, 105.5 g/t Mo) [6][5] - Hole ATXD26B defined long high-grade intervals, intersecting 186 meters of 2.15% CuEq (1.33% Cu, 0.72 g/t Au, 4.0 g/t Ag, 80.8 g/t Mo) within a broader interval of 887 meters at 1.06% CuEq (0.65% Cu, 0.35 g/t Au, 2.1 g/t Ag, 87.6 g/t Mo) [6][5] Future Exploration - Follow-up drilling is targeting an area approximately 350 meters long by over 200 meters wide to further explore the B2B Zone [6][3] - The drilling program aims to test additional high-grade breccia targets nearby, with ongoing assays expected to provide further insights [10][11]
Radisson Highlights Developing Vein Model at O'Brien Gold Project with Implications for Future Growth and Mine Planning
TMX Newsfile· 2026-02-12 11:30
Core Insights - Radisson Mining Resources Inc. is advancing its geological modeling at the O'Brien Gold Project, revealing significant new vein-hosted mineralization beneath the historic mine, supported by a fully funded 140,000-meter step-out drill program [1][2][5]. Geological Overview - The gold mineralization at O'Brien is primarily found within quartz-sulphide veins in mafic volcanic rocks and conglomerates, associated with alteration envelopes [3]. - Individual veins are typically narrow, ranging from several centimeters to several meters in thickness, and exhibit lateral continuity with steeply plunging grade shoots [4]. Drilling Program - The ongoing 140,000-meter step-out drill program aims to assess the overall scope of mineralization to a depth of 2 kilometers, focusing on the quantity and distribution of mineral resources [5][6]. - As of late 2024, 15 drill wedges have been completed from pilot hole OB-24-337, delineating at least eight parallel veins over an area of 250 meters by 700 meters [1][10]. Success Rate and Future Plans - The project has achieved an 84% success rate in intercepting gold mineralization, with grades and thicknesses consistent with the existing mineral resources [2][7]. - The company plans to provide regular updates on the mineral resource estimate, with the first update expected by the end of Q1 2026 [2][20]. Historical Context - The historic O'Brien mine produced over 500,000 ounces of gold at an average grade exceeding 15 grams per tonne, indicating the potential for significant mineral resource growth [4][12]. - The previous mining operations focused on high-grade areas, leaving substantial quantities of mineralized material unmined, which the current drilling aims to explore [13]. Technical Aspects - The geological model is dynamic, utilizing wireframed domains updated as drilling progresses, with a cut-off grade of approximately 1.0 g/t Au [12]. - The model indicates that the mineralization is open in all directions, with significant continuity observed in high-grade shoots from historical data [16][19]. Next Steps - Drilling continues with seven active rigs, and an eighth rig is expected to be mobilized soon, with results to be reported regularly as the program progresses [20]. - The company is committed to updating the mineral resource estimate incrementally throughout the drilling program [20].
Scorpio Gold Drills 36.82 Metres Grading 5.22 g/t Gold, from 127.01 Metres Along the Reliance Trend at the Manhattan District, Nevada
TMX Newsfile· 2026-02-11 11:00
Core Insights - Scorpio Gold Corp. has announced positive results from its 2025 drilling program at the Manhattan District Project in Nevada, reinforcing the presence of strong gold grades along the main mineralized trend [1][2] Drilling Program Overview - The company has completed 44 drill holes in its Phase Two diamond drilling program, totaling 14,324 meters, with assays reported for 33 holes covering 10,406 meters, while results from 11 holes totaling 3,924 meters are still pending [1][10] - The current drilling program aims to add Inferred category resource blocks in areas previously categorized as insufficiently dense for resource estimation [3][10] Drill Hole Results - Hole 25MN-041 (Gap Zone) reported multiple intervals with grades of 0.32 g/t, 0.77 g/t, 0.28 g/t, and 0.58 g/t gold over various lengths [5][7] - Hole 25MN-042 (Reliance Trend) returned significant results, including 5.22 g/t gold over 36.82 meters, with a notable interval of 19.86 g/t gold over 4.88 meters [5][10] - Hole 25MN-043 (East Pit) showed grades of 0.36 g/t gold over 32.16 meters and 9.03 g/t gold over 7.01 meters, including a peak of 41.21 g/t gold over 1.37 meters [5][10] Future Exploration Plans - The company plans to continue stepping out along the Reliance Trend and has designed aggressive step-outs to test broader strike potential, including new areas like Black Mammoth [2][10] Historical Context - The Manhattan District has historically produced approximately 700,000 ounces of gold, with a maiden mineral resource estimate indicating 740,000 ounces of gold in the inferred category [24][34] - The district is situated in a geologically favorable area, adjacent to the Round Mountain Gold Mine, which has produced over 15 million ounces of gold [24][34]