Workflow
Exploration
icon
Search documents
Brazilian Rare Earths March 2025 Quarterly Report
Globenewswire· 2025-04-29 12:30
Core Insights - Brazilian Rare Earths Limited (BRE) reported record exploration success at Monte Alto, highlighting significant mineralization and high-grade rare earth elements [1][5] - The company has confirmed the Pelé project as a district-scale high-grade rare earth project, indicating substantial potential for future development [2] - The Amargosa Bauxite-Gallium Project has opened new pathways for value creation at a province scale, enhancing the company's portfolio [3] Financial Position - As of March 31, 2025, BRE held A$75.4 million in cash, positioning the company well for planned exploration and feasibility work programs through 2026 [5] Exploration Highlights - New exploration results at Monte Alto revealed ultra-high-grade rare earth intercepts up to 45.7% TREO, with standout grades of 69,558 ppm NdPr and 11,696 ppm DyTb [5] - Drilling at Monte Alto extended thick horizons of shallow high-grade monazite-sand mineralization, including 18m at 6.8% TREO from surface [5] - At Pelé Target 1, high-grade rare earth outcrops were discovered with grades up to 17.7% TREO, and diamond drill results returned assays of up to 13.5% TREO [5] Bauxite-Gallium Project Developments - BRE and Rio Tinto replaced a US$40 million bauxite production-linked milestone payment with a fixed royalty of US$1.00 per wet tonne on future bauxite sales, enhancing funding flexibility [5] - Historic drilling confirmed thick, high-grade bauxite intervals, including 27.5 meters at 51.3% total available alumina content [5] - New gallium discoveries were made with exceptional grades of up to 190 ppm Ga2O3, prompting the appointment of RPM Global for a JORC-compliant resource and scoping study [5]
Great Pacific Gold Continues to Monetize Australian Projects
Newsfile· 2025-04-29 12:00
Core Viewpoint - Great Pacific Gold Corp. is actively divesting its Australian assets, focusing on cash inflows and future exploration in Papua New Guinea [1][6]. Financial Updates - On April 16, 2025, the company received $1 million in cash from the sale of its Reedy Creek and Providence Gold Projects to Golden Cross Resources Inc. [3] - The company sold 2,000,000 common shares of Golden Cross for proceeds of $450,000 [3]. - GPAC retains 4,000,000 common shares of Golden Cross, valued at $1.48 million, and may receive an additional $3 million contingent on certain milestones [4]. Asset Divestiture - The Lauriston Project sale process is well advanced, with a definitive agreement expected soon, pending regulatory approvals [5]. - The company has sold various Australian assets over the past six months, resulting in cash inflows [6]. Remaining Projects - The Walhalla Gold Project, located in Victoria, Australia, has a history of gold production totaling 1,510,309 ounces at a grade of 33.59 g/t [7]. - The Walhalla project covers over 1,400 km² and includes the Pinnacles target, which is fully permitted and ready for immediate drilling [7][8]. Exploration Focus - The company is shifting its exploration efforts towards Papua New Guinea, with plans to maximize shareholder benefits from the remaining Australian assets [6][8].
Troilus Reports Record Intercept of 2.44 g/t AuEq Over 56m in the Southwest Zone
Globenewswire· 2025-04-29 11:00
MONTREAL, April 29, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. ("Troilus" or the "Company") (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce positive drill results from its 2025 drill campaign (outlined in the February 4, 2025 press release). The program is focused on identifying and delineating higher-grade mineralization and enhancing confidence in the block model. The results reported today include the best intercept drilled to date in the Southwest Zone ("Southwest") based on linear grade (gr ...
Ground Magnetic Survey Commences at Electrum's Timok East Copper-Gold Project in Eastern Serbia
Thenewswire· 2025-04-29 06:00
Vancouver, Canada, April 29, 2025 – TheNewswire - Electrum Discovery Corp. ("Electrum" and/or the "Company") (TSX-V:ELY | FRA:R8N | OTC:ELDCF) is pleased to announce that a planned ground magnetic survey has commenced at the Timok East Copper-Gold Project ("Timok East" and/or the "Project"), located in eastern Serbia. The Project consist of 3 mineral permits: Bukova Glava, Luka and Makovište covering 123 square kilometres. “The results of this ground magnetic survey will better define our understanding of ...
G2 Continues to Expand New Surface Gold Discovery and Provides Exploration Update
Globenewswire· 2025-04-28 11:00
TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX: GTWO; OTCQX: GUYGF) provides further information on the Company's ongoing diamond drilling and exploration initiatives in the greater Oko-Aremu District, Guyana. G2 currently holds exploration rights to 83,967 acres in the district which includes the Oko-Ghanie deposits hosting 1.5 million ounces of gold averaging 3.40 g/t Au (Indicated) and 1.6 million ounces of gold averaging 2.48 g/t Au (Inferred). New Gold Disco ...
Q2 Metals Extends Mineralized Zone Strike Length to 1.5 Kilometres and Concludes the 2025 Winter Program at the Cisco Lithium Project in Quebec, Canada
Globenewswire· 2025-04-28 07:05
Core Viewpoint - Q2 Metals Corp. has successfully completed its 2025 Winter expansion drill program at the Cisco Lithium Project, with promising results indicating the potential for significant lithium mineralization [2][4][5]. Summary by Relevant Sections Drilling Program Results - The 2025 Winter Program involved 14 drill holes totaling 6,997 meters, with 10 holes intercepting spodumene-bearing pegmatite [3][5]. - The main mineralized zone's strike length has increased from 850 meters to 1,500 meters, indicating a substantial expansion of the mineralized area [4][5]. - Notable drill hole results include CS25-028, which encountered 50.9 meters of continuous spodumene pegmatite, and CS25-036, which had a wide interval of 64.3 meters before being halted due to seasonal constraints [5][10]. Geological and Strategic Position - The Cisco Project is strategically located 150 kilometers from rail access, enhancing its development potential [4]. - The project covers 39,389 hectares and is situated within the Frotet Evans Greenstone Belt, which is known for hosting significant lithium deposits [34]. Upcoming Activities - The company plans to resume drilling in June 2025, focusing on systematically defining the known mineralized zone and conducting additional mapping and sampling [4][10]. - Q2 Metals will participate in several upcoming mining investment conferences, including the 121 Mining Investment Conference and the Canaccord Genuity Global Metals & Mining Conference [29][30]. Metallurgical Testing - Preliminary metallurgical testing aims to produce a spodumene concentrate with over 6% Li2O and low iron content, utilizing traditional lithium pegmatite processing methods [18][20]. Quality Assurance and Analytical Methods - The company employs rigorous QA/QC protocols, including the insertion of quartz blanks and certified reference materials in sample batches to ensure analytical precision [27][26]. Future Exploration Plans - The exploration strategy includes further testing of the southern extension of the main mineralized zone and additional drilling to explore less than 10% of the total land package [10][4].
Masivo Announces Drill Program at Cerro Colorado
Newsfile· 2025-04-24 13:30
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) ("Masivo" or the "Company") is pleased to announce the completion of its strategic drill target program design at the Cerro Colorado property, located in Sonora, Mexico. An eight-hole, 1,300-meter drill program was designed by Senior Mexican Geologist Jorge Rafael Gallardo, with guidance from P.Geo Brian Brewer and P.Geo Mark Bailey. CEO David Coburn commented: "We're thrilled to launch our hi ...
Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern Oregon
Newsfile· 2025-04-24 09:00
Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern OregonApril 24, 2025 5:00 AM EDT | Source: Provenance Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce the commencement of the 2025 phase 1 drilling program with the mobilization of an RC drill rig to the Eldorado project, located in Eastern Oregon. The staged drilling campaign will bu ...
American Eagle Commences Exploration Season at NAK
Newsfile· 2025-04-23 10:00
Core Insights - American Eagle Gold Corp. has initiated its 2025 exploration campaign with a helicopter-borne magnetic survey over its 100%-owned NAK copper-gold porphyry project in British Columbia [1][4] Exploration Campaign Details - The magnetic survey will cover 480 line-kilometres with 50-metre spacing, utilizing four sensors for improved resolution compared to the previous single sensor method [2] - The survey aims to enhance the understanding of the geological features and subsurface structures at NAK, helping to identify optimal drill targets [2][4] Drilling Plans - A fully funded 30,000-metre drilling campaign at NAK is set to begin in May 2025, which will exceed the total metres drilled by the company over the past three years combined [3] - This drilling campaign is expected to be one of the most extensive single-season efforts in British Columbia's Babine region, reflecting the project's growing scale and momentum [3] Project Background - The NAK Project is located in the Babine copper-gold porphyry district and has a significant near-surface copper-gold system measuring over 1.5 km x 1.5 km [5] - Historical drilling has revealed high-grade copper-gold mineralization, indicating the presence of both near-surface and deeper mineralization zones [5] Financial Position - The company is backed by over $37 million in cash, supported by strategic investments from Teck Resources and South32, ensuring it remains fully funded for at least another two years [6][4]
Midland Announces the Acquisition of the Kan Gold Project in the Labrador Trough
Globenewswire· 2025-04-22 11:30
Figure 1 Midland Announces the Acquisition of the Kan Gold Project Figure 2 Midland Announces the Acquisition of the Kan Gold Project Figure 3 Midland Announces the Acquisition of the Kan Gold Project Figure 4 Midland Announces the Acquisition of the Kan Gold Project Figure 5 Midland Announces the Acquisition of the Kan Gold Project Figure 6 Midland Announces the Acquisition of the Kan Gold Project Figure 7 Midland Announces the Acquisition of the Kan Gold Project Figure 8 <img ...