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Maxus Mining Announces Acquisition of a Portfolio of High-Grade Antimony & Tungsten Projects
Globenewswire· 2025-06-05 12:00
Core Viewpoint - Maxus Mining Inc. has entered into a Property Option Agreement to acquire a 100% interest in one tungsten and three antimony exploration properties in British Columbia, covering a total of 4,122 hectares, which positions the company to capitalize on essential minerals for emerging technologies and energy [2][3][29] Group 1: Acquisition Details - The Agreement involves acquiring four new projects focused on antimony and tungsten, enhancing the company's mineral portfolio [3][21] - The total area of the properties includes approximately 3,700 hectares for antimony projects and 422 hectares for the Lotto Tungsten Project [2][29] - The acquisition will be financed through cash payments totaling $150,000, common share issuances worth $400,000, and a minimum of $1,000,000 in exploration expenditures [21][24] Group 2: Project Highlights - The Quarry Antimony Project has historical samples showing high grades of antimony, with one sample assaying 20% Sb, 0.89 g/t Au, and 42.5% Pb [4][31] - The Lotto Tungsten Project is located in a mineral-rich area and has historical samples with tungsten mineralization, including a sample that assayed 10.97% WO3 [7][8][31] - The Altura Antimony Project is strategically positioned near a recent high-grade antimony discovery, with assays up to 69.98% Sb [6][19][31] - The Hurley Antimony Project is adjacent to the Reliance Gold Project, which reported significant antimony results, including 19.2% Sb [9][10][32] Group 3: Geological Context - The properties are situated in a leading Canadian jurisdiction with extensive geological potential, underlain by various rock formations that support mineralization [5][14][29] - The Quarry property is characterized by mineralized quartz veins in limestone, while the Lotto Project features scheelite mineralization in quartz veins [4][7] - The geological setting of the Hurley and Altura projects indicates a strong correlation between gold and antimony, enhancing their exploration potential [9][17][32]
Aventis Energy Announces Intent to Complete NI 43-101 Technical Report on the Corvo Uranium Project
Globenewswire· 2025-06-05 12:00
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Aventis Energy Inc. ("Aventis" or the "Company") (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is pleased to announce that it has contracted Axiom Exploration Group Ltd. ("Axiom") to complete a Technical Report (the "Report") in accordance with National Instrument 43-101 on the Corvo Uranium Project ("Corvo" or the "Project") located along the eastern margin of the Athabasca Basin, northern Saskatchewan, Canada. Axiom combines geoscience technology and au ...
Great Pacific Gold Intersects 7.0 m of 10.3 g/t Au Eq. at Wild Dog
Newsfile· 2025-06-05 11:30
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") is providing an update on its exploration activities at the Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, in the province of East New Britain, Papua New Guinea ("PNG"). A cross section of the geology and the key assay results from WDG-02 are shown in Figure 2 and a complete set of assay results ...
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 ...
Mustang Energy Corp. Enters Option Agreements with Thunderbird Resources Ltd.
Globenewswire· 2025-06-04 23:44
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE:MEC, OTC:MECPF, FRA:92T) (“Mustang” or the “Company”) is excited to announce that it has entered into two strategic option agreements with Thunderbird Resources Ltd. (“Thunderbird”) to acquire an undivided 80% interest in certain mineral tenements held by Thunderbird located in the Athabasca Basin of Northern Saskatchewan (the “Project”). The Option marks an important step for Mustang as it continues to expand and build ...
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]
Omega Pacific Outlines 2025 Exploration Program in the Revitalized Toodoggone District
Newsfile· 2025-06-04 13:10
Core Insights - Omega Pacific Resources Ltd. has announced its 2025 exploration strategy for the Williams Property in British Columbia's Toodoggone District, which is becoming a significant gold and copper-gold area with recent mineral discoveries [1] - The 2025 exploration program aims to build on the success of the 2024 gold discovery at the GIC Target, with an expected investment of over $50 million in exploration and development across the district [1][2] - The company plans to conduct drilling, mapping, and sampling to expand the GIC Target over a 12 km area, focusing on a specific 1,400 x 400 m target area [4][12] 2024 Exploration Highlights - The 2024 exploration program at Williams yielded positive results, with two out of four drill holes returning bulk tonnage gold intercepts and high-grade intervals [2] - All four drill holes intersected gold mineralization in multiple zones, indicating a robust epithermal gold system at GIC [2][6] 2025 Exploration Plans - The 2025 program will focus on expanding mineralization in the immediate east-west target area, which is bordered by known mineralization [4] - Historical drilling and surface sampling have indicated significant gold grades, with results such as 4.64 g/t Au over 8 m and surface samples returning 4-12 g/t Au [4][12] - The initial phase will involve 2,500 meters of diamond core drilling, with potential expansion to 5,000 meters depending on financing [12] Company Overview - Omega Pacific Resources is a Canadian mineral exploration company focused on discovering and developing precious metal projects in British Columbia [13] - The company emphasizes responsible exploration practices and aims to deliver long-term value to shareholders and stakeholders [13]
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
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 June 04, 2025 8:00 AM EDT | Source: T2 Metals Corp. Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A2DR6E) ("T2" or the "Company") is pleased to announce results from the Q1 2025 drill program at the Sherridon Volcanogenic Massive Sulphide ("VMS") project in central ...
Cosa Commences Airborne Geophysical Surveys at the Cosmo and Orion Uranium Projects, Athabasca Basin, Saskatchewan
Newsfile· 2025-06-04 12:00
Core Viewpoint - Cosa Resources Corp. has initiated airborne geophysical surveys at its 100% owned Cosmo and Orion uranium projects in the Athabasca Basin, Saskatchewan, utilizing Geotech's Z-Axis Tipper Electromagnetic system for comprehensive coverage [1][3]. Group 1: Survey Details - Cosa has contracted Geotech Ltd. to conduct 618 line-kilometres of ZTEM surveying at the Cosmo and Orion projects, which is recognized for its high accuracy and resolution in measuring a wide range of frequencies [3]. - The primary goal of the survey is to identify basement conductive zones similar to those found in tier-1 Athabasca uranium deposits, as well as to map anomalous conductivity zones in the sandstone that may indicate hydrothermal alteration [4][5]. Group 2: Project Descriptions - The Cosmo Project spans 10,145 hectares and is strategically located near significant uranium deposits, covering 18 kilometres of magnetic low strike length, with no prior ZTEM coverage [6][9]. - The Orion Project, covering 20,255 hectares, is located near the Cigar Lake uranium mine and has been expanded since its acquisition in 2022, with a focus on the underexplored Larocque Lake Trend [10][11]. Group 3: Future Plans - Results from the current survey will inform follow-up work, including potential Ambient Noise Tomography (ANT) surveying and ground-based electromagnetic (EM) methods, prioritizing the most promising areas for drilling [5][8]. - Cosa's ongoing focus includes drilling at the Murphy Lake North Joint Venture, which is located near the Hurricane deposit, with initial drilling having already intersected significant hydrothermal alteration [21].