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Galloper Gold Awarded Glover Island EML
Newsfile· 2025-07-31 17:45
Core Viewpoint - Galloper Gold Corp. has been awarded the Exempt Mineral Lands (EML) Mineral Licence for the historic Lunch Pond South Extension (LPSE) Resource on Glover Island by the Government of Newfoundland and Labrador, enhancing its gold exploration portfolio [1][2][4]. Group 1: Mineral Resource and Property Details - The awarded property spans 1,926 hectares and contains approximately 178,800 ounces of gold in indicated and inferred resources, as delineated by Mountain Lake Minerals in 2012 [2]. - The LPSE deposit is part of the Glover Island Trend (GIT), a mineralized corridor that hosts 17 mineral prospects, including gold and base metals [3]. - The GIT is associated with significant mining operations, including the Ming Mine and Nugget Pond Mine, indicating a rich mineralized environment [3]. Group 2: Company Strategy and Future Plans - Galloper Gold's CEO emphasized that the acquisition of the LPSE deposit positions the company for significant growth in gold mining in Canada, adding a known resource to its portfolio [4]. - An exploration program is set to commence in the fall, focusing on expanding the Lucky Smoke prospect and further drilling the LPSE deposit [8]. - The company has successfully drilled the Lucky Smoke showing in 2024 and aims to build on these results [7][8]. Group 3: Historical Resource Estimates - The historic LPSE resource estimate from 2017 indicates a total of 1,029,000 tonnes with an average grade of 1.76 g/t for indicated resources, and 2,076,000 tonnes with an average grade of 1.81 g/t for inferred resources [5]. - The breakdown includes open pit and underground classifications, with significant ounces of gold estimated for both categories [5]. Group 4: Company Background - Galloper Gold Corp. is focused on mineral exploration in the Central Newfoundland Gold Belt, with its flagship Glover Island Property located 24 km southeast of Corner Brook [11]. - The company recently completed its first diamond drilling program at Glover Island since 2012, with results pending [11].
Ridgeline Minerals and Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada
Newsfile· 2025-07-30 12:00
Mill Creek Target Ridgeline Minerals and Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada July 30, 2025 8:00 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - July 30, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce the commencement of a 6,000-meter program at the Company's Swift gold project ("Swift" or "Project"), currently being operated under an explo ...
Sable Announces Termination of Don Julio Project Earn-in Agreement with South32 and Highlights Exploration Upside in Four Identified Porphyry Targets
Globenewswire· 2025-07-28 11:00
Core Viewpoint - Sable Resources Ltd. has regained 100% control of the Don Julio project in Argentina after South32 terminated their Earn-In Agreement, allowing Sable to advance its exploration efforts independently [1][2]. Group 1: Project Overview - The Don Julio project is located in San Juan, Argentina, and covers an area of approximately 69,350 hectares along the Central Andes Miocene Mineral Belt, known for large Cu-Au-Mo porphyry deposits [15]. - Sable's exploration strategy, initiated in 2018, has identified a significant mineral system with four confirmed targets that have the potential to host multi-million tonne Cu-Au-Mo porphyries [2][15]. Group 2: Exploration and Drilling Results - Technical work funded by South32 from 2021 to 2025 has generated multiple exploration targets, with at least five remaining open for additional drilling [5]. - Significant drilling results from the La Gringa target include: - DJ-DH-22-11: 305m @ 139 ppm Mo; 0.091% Cu; and 0.95 g/t Ag from 528.0 to 833.0m - DJ-DH-22-15: 157m @ 319 ppm Mo and 0.068% Cu from 844.0 to 1,001m - DJ-DH-22-07: 61.9m @ 0.16% Cu, 0.2 g/t Au and 1.5 g/t Ag from 28.5 to 90.4m [9][10]. - The El Morro target, located 2.5 km south of La Gringa, has shown extensive alteration and positive geochemistry, with one hole completed in 2024 indicating porphyry mineralization [10]. Group 3: Regional Context - The work conducted by Sable and neighboring Minsud Resources is contributing to the emergence of a new mineral district in San Juan Province, referred to as the "Chita" district, which includes several significant deposits [2][4]. - The Don Julio project is strategically positioned within a region that contains other notable porphyry mineral centers, enhancing its exploration potential [15]. Group 4: Future Plans - Sable plans to leverage its in-house porphyry exploration expertise and extensive database to advance targeting and follow-up drilling at the Don Julio project, which is considered a Tier One exploration asset [15].
Silver Elephant Signs Toll Milling Agreement and Ready to Start Apuradita Silver-Bearing Shipments in Early August 2025
Newsfile· 2025-07-24 12:00
Core Viewpoint - Silver Elephant Mining Corp. has signed a toll milling agreement to commence shipping silver-bearing materials from its Apuradita Paca Project in Bolivia, with shipments starting in early August 2025 [1][2]. Group 1: Toll Milling Agreement - The toll milling agreement, dated July 7, 2025, allows Silver Elephant's Bolivian subsidiary to deliver up to 10,000 tonnes of oxide and sulphide-bearing materials for treatment at a fixed toll milling fee [2]. - The agreement may be extended as more resources from Apuradita are developed, and the milling facility will produce high-grade lead-silver and zinc-silver concentrates [2][4]. Group 2: Production and Logistics - As of July 23, 2025, the company has stockpiled approximately 1,000 tonnes of silver-bearing materials, which will be transported to the Toll Milling Facility located about 180 km from Apuradita [3]. - The company aims for a near-term monthly production target of 1,000 to 2,000 tonnes of silver-mineralized materials, forecasting around 10,000 tonnes of mineralized feed for the first campaign [4]. Group 3: Metallurgical Testing - Independent metallurgical tests conducted in July 2025 confirmed that conventional flotation effectively treats materials from the Apuradita project, producing marketable concentrates that meet smelter specifications [6]. - Sulphide samples yielded a concentrate with 25,552 g/t Ag and 56.6% Pb, achieving recoveries of up to 92% silver and 87% lead [8]. - Oxide samples produced a concentrate with 14,493 g/t Ag and a recovery rate of 79.5% silver [8]. Group 4: Mining Operations - The main Apuradita tunnel has advanced approximately 175 meters, with additional branch drifts developed to access more mineralized zones [5]. - The mining method for sulphide materials will be shrinkage stoping, targeting an average extraction rate of 50 to 100 tonnes per day, with an average grade of 412 g/t Ag, 1.09% Pb, and 0.38% Zn [10]. Group 5: High-Grade Intercepts - Several high-grade intercepts within the Apuradita mineralized zone have been reported, with notable examples including: - Hole PND004: 7.78 g/t Ag over 11 meters - Hole PND008: 11.31 g/t Ag over 16 meters - Hole PND023: 26.21 g/t Ag over 32 meters [11].
Minerals 260 (MI6) Conference Transcript
2025-07-24 04:30
Summary of Minerals 260 (MI6) Conference Call - July 23, 2025 Company Overview - Minerals 260 was spun out of Linetown three years ago, with significant influence from Linetown's management and shareholders [2][4] - The company is focused on the Bulle Bulle Gold Project, acquired from Zijin for $166 million, despite being a $30 million company at the time [2][3][12] Key Financials and Shareholder Structure - Raised $220 million, significantly increasing market capitalization [3] - Major shareholders include Samuel Terry and Tim Goiter, with the top 20 shareholders holding 65% of the company [4][5] - BlackRock and Franklin Templeton are among the notable international funds invested [5] Project Details - The Bulle Bulle Gold Project is one of the largest undeveloped gold projects in Australia, with a resource of 2.3 million ounces [12] - Historical mining occurred in the 1990s, with the project previously owned by Zijin for a decade [8][9] - The project covers 130 square kilometers, with ongoing tenure acquisition to enhance mineralization and infrastructure [10] Exploration and Drilling Activities - The company is currently drilling with six rigs, aiming to add 80,000 meters to the existing drilling database [12][23] - Historical drilling was shallow, with 60% of holes at 50 meters or less, indicating potential for deeper mineralization [13][14] - The exploration plan includes drilling down dip, infilling, and along strike, with a focus on the Phoenix and Bacchus areas [19][20] Resource Assessment - 60% of the resource is classified as indicated, with confidence in the resource due to dense drilling [17] - The current model pit has a cutoff of AUD 3,000, providing operational headroom with gold prices above AUD 5,000 [21] - The company has observed significant intercepts, including 62 meters at resource grade, indicating strong potential for resource expansion [25][26] Development and Infrastructure - The company aims to achieve production by the end of 2028, with feasibility studies and geotechnical data already in progress [29] - Water rights have been secured across the main paleo channel, with additional plans for water sourcing [32] - The project benefits from excellent infrastructure, including proximity to Kalgoorlie Airport and major highways [14][15] Future Outlook - The company plans to complete 80,000 meters of drilling by September, with a new resource estimate expected by December [33] - The first production is targeted for 2028, with a strong foundation in place due to capital and shareholder support [34][35] Conclusion - Minerals 260 presents a significant investment opportunity with a large resource base, ongoing exploration, and a clear path to production by 2028 [34][35]
Vision Lithium Discovers New Lithium-Cesium-Tantalum Trend on Sirmac Property
Newsfile· 2025-07-23 11:00
Vision Lithium Discovers New Lithium-Cesium- Tantalum Trend on Sirmac Property July 23, 2025 7:00 AM EDT | Source: Vision Lithium Val-d'Or, Québec--(Newsfile Corp. - July 23, 2025) - Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) (FSE: 1AJ2) (the "Company" or "Vision") is pleased to report the discovery of multiple high-grade Lithium- Cesium-Tantalum ("LCT") pegmatite dikes on its Sirmac Property located 40 km west of Sayona's Moblan lithium deposit near Chibougamau, Quebec. The sub-vertical north-trending ...
Barton Gold Holdings (BGD) Earnings Call Presentation
2025-07-23 02:40
July 2025 Share in Our Exciting Future... 1 For personal use only Important Information DISCLAIMER This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. QMines Limited ACN 643 212 104 (QMines) and its directors, officers, employees, advisers, agents and consultants make no representations or warranties as to the accuracy, reliability or completeness of this document including th ...
Headwater Gold and OceanaGold Sign Letter of Intent to Explore Three Projects in Nevada
Thenewswire· 2025-07-22 13:30
Core Viewpoint - Headwater Gold Inc. has signed a non-binding Letter of Intent with OceanaGold Corporation for a potential acquisition of up to a 75% interest in Headwater's TJ, Jake Creek, and Hot Creek projects in Nevada through staged exploration expenditures totaling up to US$65 million and the completion of Pre-Feasibility Studies [1][2]. Proposed Transaction Structure - The LOI outlines a staged earn-in process where OceanaGold can acquire interests in the projects through specific expenditures over defined timeframes [2][5]. - The minimum commitment includes US$1 million for TJ and Jake Creek, and US$500,000 for Hot Creek within the first two years [5]. - The stages include: - Stage 1: US$10 million for TJ and Jake Creek, US$5 million for Hot Creek to earn 51% within four years [5][6]. - Stage 2: Additional US$15 million for TJ and Jake Creek, US$10 million for Hot Creek to increase interest to 65% within four years [6]. - Stage 3: Completion of Pre-Feasibility Studies to earn up to 75% [7]. Financial Terms - OceanaGold will make a non-refundable payment of US$150,000 to Headwater for pre-drilling expenses [2][3]. - Upon execution of the Agreement, OceanaGold will pay an additional US$200,000 in two installments [3]. Project Details - The TJ project is located in northeastern Nevada and shows potential for high-grade epithermal vein-style mineralization [7][8]. - The Jake Creek project has historical drilling results indicating widespread epithermal mineralization, with notable intercepts of 11.3 g/t Au over 1.52 m [9]. - The Hot Creek project is royalty-free and has historical drilling results showing grades up to 1.04 g/t Au over 12.2 m [10]. Company Background - OceanaGold is an intermediate gold and copper producer with a portfolio of four operating mines [11]. - Headwater Gold is focused on exploring high-grade precious metal deposits in the Western USA and has strategic partnerships to enhance its exploration capabilities [12].
Western Exploration Mobilizes for 2025 Drill Program at Wood Gulch
Newsfile· 2025-07-22 11:30
Core Insights - Western Exploration Inc. has mobilized crews and equipment for its 2025 drill program at the Wood Gulch target within the Aura Project, located 80 km north of Elko, Nevada [1][2] - The company aims to explore historically high-grade gold-silver zones, particularly in the underexplored Wood Gulch area, which was previously mined by Homestake in the late 1980s [2] - A fully funded 4,000-meter diamond drill program will focus on extensions of historic high-grade mineralization associated with the Tomasina Fault Zone [3] Company Overview - Western Exploration is advancing its 100% owned Aura Project, which includes three gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch, all located approximately 120 kilometers north of Elko, Nevada [4][5] - The company is led by a team of precious metals experts with extensive experience in exploration and development, positioning it as a promising player in North America's gold and silver sector [5]
Fancamp Regains Control of One of the World's Largest Iron Titanium Historic Deposits: Announces Results of Magpie Mines AGM
GlobeNewswire News Room· 2025-07-21 12:30
Company Overview - Fancamp Exploration Ltd. has regained control of Magpie Mines, which holds the Magpie deposit, one of the world's largest undeveloped hard rock iron-titanium deposits located in Havre St-Pierre, Quebec [3][4] - The company holds approximately 96% of the issued and outstanding shares of Magpie Mines and a 2% net smelter return royalty on the Magpie Titanium property [4] Management and Governance - At the Annual General Meeting of Magpie Mines held on July 17, 2025, shareholders voted to elect three directors: Rajesh Sharma, Mark Billings, and Charles Tarnocai [1] - Mark Billings has been appointed as Chairman, Rajesh Sharma as President and CEO, Arnab Kumar De as CFO, and Debra Chapman as Corporate Secretary [2] Project Details - The Magpie Fe-Ti-V deposit is recognized as one of the largest undeveloped titanium resources globally, with significant vanadium deposits [5] - The Magpie 2 deposit has an Historical Mineral Resource Estimate of 635.2 million tonnes grading 42.49% Fe, 11.20% TiO₂, and 0.3% V₂O₅ in the indicated category, with an additional inferred resource of 239.2 million tonnes grading 42.29% Fe, 11.21% TiO₂, and 0.32% V₂O₅ [6] - The project has significant expansion potential in four previously undrilled areas that exhibit geological characteristics similar to the main deposit [7] Strategic Importance - Titanium and vanadium are classified as critical minerals with key applications in aerospace, medical technology, specialty steel, and batteries, facing global supply chain concerns [7] - The Magpie deposit is a principal source for vanadium extraction, which is essential for various industries [7] Future Outlook - The company is focused on advancing the Magpie asset in light of the strategic importance of titanium amid global supply chain challenges [3]