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Wallbridge Exploration Drilling Continues to Deliver Significant Gold Grades from Dragonfly Zone Along Bug Lake Deformation Corridor
Globenewswire· 2025-09-29 22:00
Core Insights - Wallbridge Mining Company Limited announced positive drilling results from the second phase at its Martiniere gold project, confirming the geological continuity of the Dragonfly fault system with multiple high-grade gold intercepts [1][3][4] Drilling Results - The first six holes of Phase 2 drilling revealed significant gold grades, including: - MR-25-128: 5.99 g/t Au over 4.7 m, with a high of 42.70 g/t Au over 0.5 m - MR-25-129B: 6.13 g/t Au over 3.4 m and 13.24 g/t Au over 2.0 m - MR-25-130A: 4.30 g/t Au over 3.6 m, including 11.30 g/t Au over 0.5 m and 11.12 g/t Au over 2.0 m - MR-25-131: 6.79 g/t Au over 1.0 m and 14.58 g/t Au over 3.3 m, including 45.40 g/t Au over 0.9 m [2][6][12] Exploration Strategy - The Phase 2 drilling program, initiated in mid-July, has expanded beyond the original plan of 10,000–15,000 meters due to encouraging results, with a total of 22 holes and 2 hole extensions completed, totaling 10,840 meters [4][8] - Current exploration focuses on the Dragonfly and Horsefly areas, indicating potential for resource growth at Martiniere [3][4] Geological Context - The exploration drilling along the Bug Lake deformation corridor has identified significant gold mineralization over an area of approximately 2,000 by 800 meters and to a depth of 800 meters, with deeper intercepts indicating the system remains open at depth [9][14] - Gold mineralization is associated with mafic volcanics and younger felsic porphyry dykes, occurring along shear and breccia zones [9][14] Future Plans - The company plans to drill an additional 4 to 5 holes to complete the Phase 2 program, expecting to reach approximately 18,000 meters of drilling by the end of October 2025 [8][4]
Wallbridge Exploration Drilling Continues to Deliver Significant Gold Grades from Dragonfly Zone Along Bug Lake Deformation Corridor
Globenewswire· 2025-09-29 22:00
Core Viewpoint - Wallbridge Mining Company Limited announced positive results from the first six drill holes of the second phase at its Martiniere gold project, confirming the geological continuity of the Dragonfly fault system and indicating the potential for a more extensive mineralized gold system than previously estimated [1][2]. Drilling Results - The first six holes of Phase 2 drilling have shown multiple high-grade gold intercepts, with notable results including: - MR-25-128: 5.99 g/t Au over 4.7 m, including 42.70 g/t Au over 0.5 m - MR-25-129B: 6.13 g/t Au over 3.4 m and 13.24 g/t Au over 2.0 m - MR-25-130A: 4.30 g/t Au over 3.6 m, including 11.30 g/t Au over 0.5 m - MR-25-131: 6.79 g/t Au over 1.0 m, including 14.58 g/t Au over 3.3 m, with a peak of 45.40 g/t Au over 0.9 m [2][4][5]. Drilling Program Overview - The second phase of the 2025 Martiniere diamond drilling program commenced in mid-July, with a total of 22 holes and 2 hole extensions completed, totaling 10,840 meters. The program has been expanded beyond the initial 10,000–15,000 meter plan due to positive results [3][7]. Geological Insights - The drilling has focused on the Dragonfly and Horsefly areas, with results suggesting significant potential to expand the mineralized footprint. The mineralization is associated with mafic volcanics and younger felsic porphyry dykes, occurring along shear and breccia zones [1][8]. Future Plans - The company plans to continue drilling into mid-October, with an expectation to complete approximately 18,000 meters of drilling at Martiniere during 2025. Assay results for an additional 10 holes totaling 4,850 meters are pending [7][12].
Allied Energy Corporation Signs MOU to Develop Option Agreement on Silver Reef Gold Property in California
Globenewswire· 2025-09-25 12:45
DALLAS, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP) (the “Company”), a diversified energy and resource development company, today announced it has entered into a Memorandum of Understanding (MOU) with Puma Gold LLC regarding the potential acquisition of an interest in the Silver Reef Gold Property, located in San Bernardino County, California. The MOU outlines the framework for a proposed Option Agreement, which the parties intend to finalize within the coming weeks. If complete ...
Provenance Gold Mobilizes Second Drill Rig to Its Eldorado Project in Eastern Oregon
Newsfile· 2025-09-25 12:00
Core Insights - Provenance Gold Corp. has mobilized a second diamond core drill rig to the Eldorado Project in Eastern Oregon to enhance geological understanding of the gold system [1][3] - The drilling will focus on the Herman area, which is a significant exploration target located 730 meters south of the Tyee area [1][3] - The company has engaged Titan Drilling LTD to conduct a minimum of 1000 meters of drilling in the newly permitted areas, ensuring an efficient and budget-friendly program [2] Drilling Program Details - The first core hole will test the Herman area, following up on initial RC drill holes with results pending [3] - The ongoing RC drilling program will continue simultaneously on the property, with further results expected imminently [7] - Select bulk samples are undergoing gravity and float metallurgical testing, with results to be reported when available [7] Management Insights - CEO Rauno Perttu expressed confidence in the project's potential, citing excellent historical and recent metallurgical test results that support the feasibility of low-cost open-pit mining techniques [8] Marketing and Communication - The company has engaged AB Holdings, LLC for investor communications and market visibility services, which includes an upfront fee of $18,000 for one month of services [9][10] - This engagement aims to strengthen communication with existing and potential shareholders [9]
Valkea Provides Update from Its Fall Exploration Drill Program at the Paana Project, Northern Finland
Newsfile· 2025-09-24 16:02
Valkea Provides Update from Its Fall Exploration Drill Program at the Paana Project, Northern FinlandSeptember 24, 2025 12:02 PM EDT | Source: Valkea ResourcesVancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) (the "Company" or "Valkea") is pleased to provide an update from its ongoing exploration drill program at its 100% owned Paana Project, northern Finland. Diamond drilling at Paana is currently focused on targeting dissemi ...
StrikePoint Gold Receives Permit for Drilling on Pony Meadows Target, Hercules Gold Project, Nevada
Newsfile· 2025-09-23 11:30
StrikePoint Gold Receives Permit for Drilling on Pony Meadows Target, Hercules Gold Project, NevadaSeptember 23, 2025 7:30 AM EDT | Source: StrikePoint Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - September 23, 2025) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ("StrikePoint" or the "Company") is pleased to announce the confirmation from the Bureau of Land Management of Nevada ("BLM") that the Company's Notice of Intent to Explore (the "Notice") has been reviewed and concluded ...
Japan Gold Provides Corporate Update and Responds to Market Activity
Newsfile· 2025-09-22 12:56
Core Viewpoint - Japan Gold Corp. provides a corporate update, confirming no material changes in operations despite increased market activity [1] Group 1: Corporate Activities - The company is engaged in discussions with interested parties regarding exploration opportunities [2] - A next-phase drill program has commenced at the Mizobe Project on Kyushu Island, consisting of four drill holes totaling approximately 1,600 meters, targeting high-grade mineralization [3] - A three-hole drill program at the Barrick Alliance Ebino Project has been completed, with results pending [4] Group 2: Financial Updates - In August, the company closed an oversubscribed non-brokered private placement financing, raising gross proceeds of C$2,067,600, issuing 25,845,000 common shares at C$0.08 per share [5] Group 3: Leadership and Communication - The Chairman and CEO provided a corporate update during the Precious Metals Summit and conducted interviews available on the company's website [6] Group 4: Company Overview - Japan Gold Corp. focuses on exploring high-grade epithermal gold deposits in Japan, holding a significant portfolio of tenements in stable and underexplored regions [7]
Quimbaya Gold Mobilizes Second Drill Rig at Tahami South; Announces Marketing Agreements
Newsfile· 2025-09-22 10:00
Core Insights - Quimbaya Gold Inc. has mobilized a second drill rig to the Tahami South area of its 100%-owned Tahami Project in Antioquia, Colombia to accelerate its ongoing drilling program [1][2] - The decision to deploy the additional rig is driven by positive initial observations from the first drilling holes and a favorable gold market [2] - The company has entered into marketing agreements to enhance investor awareness and visibility of its exploration program [3] Company Overview - Quimbaya Gold focuses on discovering gold resources through exploration and acquisition of mining properties in Colombia's gold mining districts [4] - The company is managed by an experienced team and is currently focused on three projects located in Antioquia Province: Tahami Project, Berrio Project, and Maitamac Project [4] Marketing Agreements - Quimbaya has established contracts with several digital platforms to promote its exploration activities, including a six-month contract with CEO.CA Technologies Ltd. for CAD 15,000, a three-month contract with Spark Newswire Ltd. for USD 75,000 (CAD 105,209), and a four-month contract with Northern Miner Group / EarthLabs Media for CAD 15,000 [7]
Ahead of the Herd & Under the Spotlight - Rick Mark, CEO Harvest Gold (TSX.V:HVG)
Investorideas.com· 2025-09-19 17:20
Company Overview - Harvest Gold is led by CEO Rick Mark, who has a background in education and public company management, emphasizing the importance of a strong technical team in the mining sector [4][6][8] - The company has a significant history, having spun out from a group that included Pancontinental Uranium and VMS Ventures [4][5] Recent Developments - Harvest Gold has been focusing on its properties in Quebec, particularly the Mosseau project, which is considered a flagship property due to extensive prior work [15][16] - The company has recently completed a drill financing, raising an additional $500,000 from a European investor, which will increase their shareholder base [12][13] Property and Exploration - The Urban Barry property, acquired from EGR Exploration, is strategically located with 17 kilometers of the Urban Barry belt, which is believed to have significant geological potential [14][15] - The Kiask River Mineralized Corridor is a major structure that runs through the Mosseau and LaBelle properties, enhancing the geological significance of the area [19][20] Market Position and Partnerships - Harvest Gold's largest shareholder is Crescat Capital, holding 19.9% of the company, which provides financial backing and credibility [11][12] - The company has established a partnership with Vior, which has been instrumental in acquiring the Mosseau project and expanding their land holdings [22][28] Industry Context - The gold price has recently risen to $3,600, positively impacting the junior mining sector and facilitating financing opportunities for companies like Harvest Gold [33][34] - There is a growing interest in junior mining stocks, with increased financing activity observed in the first half of the year compared to the entirety of 2024 [41] Future Outlook - Harvest Gold is positioned to leverage its extensive land holdings and strong technical team to explore and potentially discover substantial mineral deposits [43][46] - The company aims to confirm its ownership of 80% of the Mosseau project and continue advancing its exploration efforts [39][40]
Lavras Gold Corp. to Present at the Toronto Mi3 Communications Event, Tuesday Sept 23, 2025
Newsfile· 2025-09-19 16:04
Lavras Gold Corp. to Present at the Toronto Mi3 Communications Event, Tuesday Sept 23, 2025September 19, 2025 12:04 PM EDT | Source: Lavras Gold Corp.* Toronto University ClubToronto, Ontario--(Newsfile Corp. - September 19, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) ("Lavras Gold" or the "Company") is looking forward to presenting to a group of Toronto investors at an event organized by Mi3 Communications. President and CEO Michael Durose will focus on the exploration discoveries ma ...