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Sorrento Resources Stakes Additional Mineral Claims Along Appleton Fault Zone, Rodgers Cove Gold Project, Newfoundland & Labrador
TMX Newsfile· 2025-12-18 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF) (the "Company" or "Sorrento"), a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to announce it has staked an additional mineral license overlapping the Appleton Fault, expanding the Rodgers Cove Gold Property, located in Newfoundland, Canada.Alex Bugden, P. Geo., CEO, President and Qualified Person of ...
Searchlight Enters into Sale Agreement of Kulyk Lake and Daly Lake Projects to Monazite Metals Corp.
TMX Newsfile· 2025-12-18 12:30
Total compensation up to $1,480,000 $180,000 cash and $1,000,000 in Monazite Metals shares$300,000 payment subject to achievement of certain milestones1% Net Smelter Royalty Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce that it has entered into an agreement, dated December 16, 2025 ("MMC Agreement"), with Monazite Metals Corp. ("MMC") to sell the Company's Kulyk Lake and D ...
CopperCorp Intersects High-Grade Cu-Au Mineralization at Jukes Prospect
TMX Newsfile· 2025-12-18 12:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) ("CopperCorp" or the "Company") is pleased to announce first assay results from its Phase 2 drilling1,2 campaign at the Jukes Cu-Au prospect in western Tasmania, Australia.Example of core showing high-grade chalcopyrite-pyrite-chalcocite mineralization, JDD004, 93.0m (1.0m @ 6.95% Cu, 0.53g/t Au, 23.4g/t Ag (7.48% CuEq) from 92.6m).To view an enhanced version of this graphic, please vis ...
Tower Successfully Completes Expanded 3213 m Drill Program at Rabbit North, Drilling Six Holes on the New Blue Sky Gold Trend and Five on the Thunder North Zone
TMX Newsfile· 2025-12-18 12:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Tower Resources Ltd. (TSXV: TWR) ("Tower" or the "Company") is pleased to report that it has successfully completed its expanded diamond drilling program on the high-grade Blue Sky gold trend and Thunder North gold zone (see Fig. 1) on its Rabbit North property in the heart of the Kamloops porphyry Cu mining district (see index map of Fig. 1). Due to high drilling productivity, the program was expanded from 3000 m to 3213 m before drilling ...
Rob McEwen A Cornerstone Strategic Investor Increases Direct Ownership In Goliath Resources Limited
Globenewswire· 2025-12-18 11:18
Core Insights - Goliath Resources Limited has reported that strategic investor Rob McEwen has increased his ownership by exercising warrants for total proceeds of $1,214,285, bringing his ownership to 4,445,142 common shares, which is 2.6% of the total shares outstanding [1] - McEwen Inc. holds 5,181,347 common shares and has additional warrants that, if exercised, would increase their ownership to approximately 4.5% of Goliath [2] - The funds from the warrant exercise will enhance Goliath's financial position, as stated by the CEO Roger Rosmus [3] Company Overview - Goliath Resources is focused on precious metals exploration in the Golden Triangle of Northwestern British Columbia, controlling the Golddigger Property, which spans 91,518 hectares [3][10] - The Golddigger Property is strategically located near significant gold mines and geological features, including the Red Line, which is crucial for gold-copper-silver mineralization exploration [3] - Goliath has completed its largest drill campaign to date, totaling 64,364 meters in 2025, and is fully funded for another large drill program in 2026 [10] Geological and Metallurgical Insights - The Surebet discovery within the Golddigger Property shows promising metallurgy with gold recoveries of 92.2% from gravity and flotation methods, including 48.8% free gold [4] - The property is well-positioned for mining operations, with proximity to communities and existing infrastructure, including a permitted mill site and direct barge access to Prince Rupert [5][6] Research and Development - Goliath is a member of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which supports research in the mining sector and has facilitated high-level research on the Surebet Discovery [7][10]
Sankamap Updates Status on Late Filing of Financial Statements
TMX Newsfile· 2025-12-18 00:22
Edmonton, Alberta--(Newsfile Corp. - December 17, 2025) - Sankamap Metals Inc. (CSE: SCU) ("Sankamap" or the "Company") the Company continues to work towards the filing of its annual audited financial statements and management's discussion and analysis for the fiscal year ended June 30, 2025 (the "Required Filings"). The Company confirms that it completed a change of auditors, and that the related documentation was filed earlier this month. Following the completion of the audit of Sankamap's private subsid ...
Beauce Gold Fields Achieves 88% Drill Success Rate at the Grondin Zone. 3-D Interpretation Confirms 600 M Mineralized Corridor
Thenewswire· 2025-12-17 13:35
Core Insights - Beauce Gold Fields has achieved a significant milestone with the completion of a Leapfrog™ 3-D geological model for the Grondin Zone, enhancing the understanding of its gold-bearing structures [1][2][10] - The model integrates drill data from 2023 and 2025, providing a three-dimensional visualization of the antiform-saddle reef mineralized system, which has been traced over an 8-km geophysical signature [1][4] - The company reported an impressive 88% drill success rate across its recent campaigns, significantly higher than the typical 20-40% success rate for early-stage gold exploration [5][7] Geological Model Highlights - The 3-D model incorporates various geological data, including digitized drill sections, gold assay intervals, and lithological logs, resulting in a high-resolution visualization of the mineralized system [4][10] - Gold-bearing intervals range from 0.200 ppm to 11 ppm, with a mineralized strike length of 600 meters confirmed [4][5] - The model indicates mineralization extends to depths of approximately 40 meters and remains open along strike and at depth [5][10] Drill Results - A total of 14 out of 16 drill holes returned gold grades of 0.3 g/t Au or higher, confirming the presence of a robust, continuous mineralized corridor [7][8] - Detailed drill results from 2023 and 2025 show various intervals with significant gold concentrations, including notable assays of 11.4 g/t and 8.85 g/t [6][8] - The company plans to utilize the new model to refine drill targeting for the upcoming winter campaign [2][11] Future Exploration Plans - The company intends to deploy a borehole televiewer to determine the precise dip and orientation of gold-bearing structures, which will aid in optimizing deeper drilling efforts [10] - Upcoming exploration will focus on step-out drilling to test lateral continuation along the 600-meter corridor and deeper drilling beyond the confirmed vertical extent of mineralization [11][12] - Integration of new geophysical, geochemical, and historical data sets will further enhance exploration strategies [11][12]
Benton Continues to Hit Wide Gold Zones at South Pond and Identifies New VMS System North of Great Burnt; Launches New Website
TMX Newsfile· 2025-12-17 13:25
Thunder Bay, Ontario--(Newsfile Corp. - December 17, 2025) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has received the newest set of excellent gold results from its current drill campaign at South Pond Gold-Copper Deposit, including, 2.02g/t Au over 17.13 m (from 29.87 to 47.00 m), including 3.98g/t Au over 5.00 m (from 36.00 to 41.00 m), also including 9.12g/t Au over 1.00 m (from 36.00 to 37.00 m) in SP-25-54 (See Figures 1-3, Table 1).Additionally, Ben ...
Mayo Lake Minerals Sells Property in The Yukon to Banyan Gold for $1,000,000
TMX Newsfile· 2025-12-17 12:55
Core Viewpoint - Mayo Lake Minerals Inc. has successfully sold its Trail-Minto Property for $1,000,000 to Banyan Gold Ltd, which will enhance its financial position and allow for an aggressive exploration program in 2026 on its remaining properties in the Mayo-Keno area [2][8]. Financial Transactions - The sale of the Trail-Minto Property will provide Mayo with $1,000,000 in cash, which is intended to be used for debt repayment and general working capital [2][4]. - Mayo has closed the first tranche of a private placement totaling $300,000, consisting of common share units and flow-through units priced at $0.05 each [6][10]. Exploration Plans - The company plans to initiate an exploration program in 2026, focusing on defining gold targets within the Anderson Gold Trend and trenching the Carlin West and AJ targets [11]. - Mayo retains 100% ownership of three highly prospective properties totaling 145.6 sq. km in the Mayo-Keno area, which is known for its Intrusion Related Gold Systems [3][4]. Property Details - The Trail-Minto Property sale includes a 2% Net Smelter Return (NSR), with Banyan having the option to buy back 1% of the NSR for $1,000,000 [2][8]. - The Mayo-Keno area has seen increased exploration activity, with significant resources reported by other companies in the region, including Banyan Gold and Sitka Gold [3][8]. Future Opportunities - The financial relief from the sale allows Mayo to pursue additional advanced properties in the northern Yukon and Alaska, which were previously unattainable due to financial constraints [4][8]. - The company aims to leverage the funds from the private placement and property sale to enhance its exploration capabilities and potentially acquire more valuable projects [8][11].
Peruvian Metals Announces Encouraging Copper, Gold and Silver Results at its Aguila Norte Property in Northern Peru
TMX Newsfile· 2025-12-17 12:30
Edmonton, Alberta--(Newsfile Corp. - December 17, 2025) - Peruvian Metals Corp (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to announce that the Company plans a 2026 exploration program focused on the gold, silver and copper veins located in close proximity to its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern Peru. The Company holds an environmental permit ("IGAC") granted by the Peruvian government that permits the Plan ...