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Paradigm Gold Receives 5 Year Drill Permit for Swift Katie Gold-Copper Property, BC
Newsfile· 2025-11-25 14:00
Core Viewpoint - Paradigm Gold Corporation has received a 5-year drilling permit for the Swift Katie Gold-Copper Property in British Columbia, allowing for exploration until December 31, 2030 [1]. Drilling Plans - Preparation for drilling is set to begin in early 2026, focusing on expanding gold mineralization identified in a 2017 drill program at the Swift Target, with an initial plan of 2,000 meters of drilling [2]. - The drilling will target areas around the TR19 zone and SK17-019, which previously assayed 8.6 meters of 3.1 grams per tonne (g/t) Au [2]. Mineralization Insights - The Katie Copper-Gold Porphyry target has also been permitted for drilling, with semi-continuous, strongly anomalous Cu-Au mineralization outlined over a cumulative strike length of 1.8 kilometers [3]. - Highlights from previous drilling at the Katie Target include 101.5 meters of 0.19% Cu and 0.12 g/t Au, including 12.8 meters of 0.43% Cu and 0.15 g/t Au from hole VKT08-069 [3]. Property Overview - The Swift Katie Project consists of 19 contiguous MTO mineral claims covering 83 square kilometers in a geologically favorable area of British Columbia, historically known for significant mining camps [4]. - Drilling to date has identified three accumulations of semi-continuous Cu-Au mineralization over a cumulative strike length of 1,800 meters, with plans for eight infill holes totaling 2,600 meters to enhance mineralization size and continuity [5]. Exploration Potential - The Au-Ag zones at the Swift target show promise for further exploration based on encouraging results from drilling in 2016 and 2017, with mineralization hosted in altered volcaniclastic rocks of the Elise Formation [6]. - The geological environment may indicate a transition from a porphyry to an epithermal system, similar to mineralization styles found in the historic Rossland Mining Camp, located 25 kilometers west of the property [6]. Company Background - Paradigm Gold has an experienced management and exploration team with a successful track record in North America, focusing on quality projects to enhance shareholder value [7]. - The company's flagship property is the 100% owned Swift-Katie Cu/Au project, which benefits from year-round access and excellent infrastructure [7].
Spartan Metals Doubles Tungstonia Exploration and Mining Claims
Thenewswire· 2025-11-25 13:00
Core Insights - Spartan Metals Corp. has expanded its land position at the Eagle Tungsten-Silver-Rubidium Project by staking an additional 201 claims, increasing the total claims to 353, covering 7,131 acres [1][2][7] - The new claims are adjacent to existing Tungstonia claims and are expected to enhance the exploration potential for high-grade critical metals [4][7] - The company has commenced trading on the Frankfurt Stock Exchange under the symbol "J03," which is seen as a milestone for expanding its shareholder base [5][6][7] Company Developments - The newly staked claims cover 4,054 acres, more than doubling the previous acreage at the Tungstonia claim block [2][7] - The exploration team identified these areas as having high potential for mineralization similar to existing findings at Tungstonia, which previously produced tungsten and silver [4][7] - The ongoing field exploration program will include soil and rock sampling, mapping, and geophysics, covering the newly staked claims [7] Project Overview - The Eagle Project is positioned as one of the largest and highest-grade tungsten and rubidium districts in the United States, with historical production from the Tungstonia and Rees/Antelope mines [8][9][14] - The project spans approximately 36.5 km² and includes significant mineralization types such as Porphyry, Skarn, and Carbonate Replacement deposits [10][14] - Historical tungsten production from the Tungstonia and Rees/Antelope mines totaled 8,379 units at grades between 0.6%-0.9% WO3 [8][9]
Pinnacle Flies LiDAR Survey at El Potrero
Thenewswire· 2025-11-24 13:30
Core Insights - Pinnacle Silver and Gold Corp. has conducted an airborne LiDAR survey over the El Potrero gold-silver project in Durango, Mexico, covering an area of 11 km², with results expected by mid-December [1][2] Company Overview - Pinnacle Silver and Gold Corp. focuses on developing precious metals projects in the Americas, particularly the El Potrero project, which is characterized by an underexplored low-sulphidation epithermal vein system [9] - The company also owns the Argosy Gold Mine and the North Birch Project in Ontario, indicating a diversified portfolio in high-grade mining assets [9] Project Details - The El Potrero project is located in the Sierra Madre Occidental region, near four operating mines, including the 4,000 tpd Ciénega Mine [5] - The project features high-grade gold-silver mineralization within a low sulphidation epithermal breccia vein system, with significant exploration potential due to a lack of modern systematic exploration over the past 40 years [6] - A previously operational 100 tpd plant on-site can be refurbished for near-term production, with road access and power supply within three kilometers [7] Survey Significance - The LiDAR survey aims to enhance geological understanding by mapping features related to mineralization that may not be visible at the surface, thus aiding in the planning of future drilling programs [2][3] - The technology is expected to help identify old mine workings and other features that could indicate previously unknown mineralization [3] Ownership and Financial Strategy - Pinnacle will earn an initial 50% interest in the project upon commencing production, with plans to increase ownership to 100% through generated cash flow, which is seen as a less dilutive approach for shareholders compared to equity financing [8]
Cruz Battery Metals Announces Closing of Private Placement to Fund Work Programs on its Nevada & Ontario Projects
Newsfile· 2025-11-21 08:01
Core Viewpoint - Cruz Battery Metals Corp. has successfully completed a private placement financing, raising a total of $488,438 to fund work programs on its lithium and gold/copper projects in Nevada and Ontario [1][3]. Financing Details - The company issued 14,982,750 units at a price of $0.0326 per unit, with each unit consisting of one common share and one share purchase warrant [1]. - The financing included cash finder's fees of $26,210 and the issuance of 744,000 non-transferrable share purchase warrants [2]. Use of Proceeds - Net proceeds from the financing will be allocated to work programs on the Solar Lithium Project in Nevada and the Sterling South Gold/Copper Project in Ontario [3]. - The company has discovered lithium in all 14 drill holes during the first four phases of drilling on the Solar Lithium Project [3]. Market Context - Lithium prices are currently at year highs, and there has been renewed interest in domestic lithium projects following recent developments in the sector [4]. - The company aims to produce a Maiden Resource Estimate for the Solar Lithium Project in the first half of 2026 [4]. Project Overview - Cruz Battery Metals has several projects focused on battery metals, including the Solar Lithium Project, Clayton Valley Lithium Brine Project, and the Sterling South Gold/Copper Project [9]. - The Solar Lithium Project spans 4,938 acres, while the Sterling South Gold/Copper Project consists of approximately 2,500 acres [9].
Gold confirmed in 8 of 9 holes at Mt Turner - ICYMI
Proactiveinvestors NA· 2025-11-21 06:20
Core Viewpoint - Lightning Minerals Ltd has confirmed significant gold mineralisation at its Mt Turner project, marking a successful phase one drilling campaign and indicating a target-rich environment for future exploration [1][5][6]. Drilling Results - Gold mineralisation was confirmed in eight out of nine drill holes along the Drummer Fault, with notable intersections of high-grade gold and base metals like zinc [1][6]. - The known mineralised strike has been extended to 12.00 kilometres, with high-grade samples including one result of 22 grams per tonne gold recorded approximately 2.50 kilometres west of Pit 6 [2][6]. Project Potential - The Mt Turner project hosts multiple mineral systems, including copper porphyry, base metals, and gold, indicating a diverse exploration opportunity [2][6]. - Historical mining activities from the 1980s and 1990s have already suggested the region's potential, with six pits now included in the exploration focus [3][8]. Future Plans - A phase two drilling campaign is planned, prioritising targets based on recent soil and rock chip data, with Pit 3 and Pit SA likely to be the starting points [4][9]. - Approximately 20% of phase two drilling will be dedicated to Wildcat targets, focusing on areas with strong structural indicators and positive geochemical results [4][10]. Company Focus - Mt Turner has quickly become the core focus for Lightning Minerals, providing a strong platform for further exploration into 2026 [5][10]. - The company aims to build a resource based on the promising results from the initial drilling and ongoing exploration efforts [3][6].
First Drill Hole Commenced and Second Drill Rig has Arrived at Choquelimpie Project
Thenewswire· 2025-11-20 14:00
Vancouver, B.C. - TheNewswire - November 20, 2025 – Norsemont Mining Inc. (CSE: NOM, OTC: NRRSF, FWB: LXZ1) (“Norsemont” or the “Company”) is pleased to announce that the initial diamond drill hole of its Phase 3 exploration drill program at the 100%-owned Choquelimpie high-sulfidation gold-silver-copper project in northern Chile has collared. This hole is targeting higher-grade gold mineralization hosted in the Vizcacha hydrothermal Brecia (figure below).  The Phase 3 program will comprise up to 5,000 met ...
Kingman Announces Drone Magnetometer Survey at Historic Mohave Gold Project & Completion of NI 43-101 Report
Newsfile· 2025-11-20 08:01
Core Insights - Kingman Minerals Ltd. is advancing exploration activities at its Mohave Gold Project in Arizona, despite delays caused by the recent U.S. government shutdown [2][4] - The company is engaging a contractor for a high-resolution drone-based magnetometer survey to gather detailed subsurface information, which is crucial for refining drill targets [3][4] - Kingman has raised gross proceeds of $2,112,953, ensuring full funding for ongoing exploration efforts [4] Exploration Activities - The company is proactively pursuing alternative exploration initiatives during the government shutdown to maintain value generation and geological insight [2] - The upcoming drone survey is expected to commence in the coming weeks, with results anticipated shortly thereafter, which will guide future exploration phases [4][5] Technical Reporting - An updated NI 43-101 compliant technical report on the property has been completed and will be available on SEDAR+ upon approval [5][6] - The technical information has been prepared in accordance with Canadian regulatory requirements and reviewed by a qualified person [6] Company Background - Kingman Minerals Ltd. focuses on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [7] - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development already completed [7]
NorthWest Reports Near Surface Intercept of 44.0 Metres of 0.62% Copper and 0.42g/t Gold (1.01% CuEq) at Kwanika from 172 Metres
Globenewswire· 2025-11-19 15:52
Core Insights - NorthWest Copper Corp. announced positive assay results from drill hole K-25-278 at the Kwanika project, confirming near-surface copper-gold mineralization with significant intercepts [1][2][5] Drill Hole Highlights - Drill hole K-25-278 intersected two broad zones of mineralization: - Pit Zone: 80 metres of 0.59% Cu and 0.16 g/t Au (0.75% CuEq) from 47 metres, and 44 metres of 0.62% Cu and 0.42 g/t Au (1.01% CuEq) from 172 metres [3][16] - Central Zone: 36 metres of 0.65% Cu and 0.64 g/t Au (1.25% CuEq) from 222 metres, including 10 metres of 0.79% Cu and 0.77 g/t Au (1.50% CuEq) from 222 metres [3][16] Geological Insights - The results indicate an east-west lateral metal zonation trend, with gold to copper ratios approaching 1:1, providing insights into potential metallurgical recoveries [4][6] - The upper Central Zone was intersected closer to the surface than expected, suggesting a change in geometry as it approaches higher-grade areas [2][6] Future Exploration Plans - The 2025 drill program totals 6,435 metres, focusing on defining higher-grade zones and evaluating underground targets for selective mining methods [5][9] - The company expects to release additional results from the remaining thirteen holes in the coming weeks [5][9] Management Commentary - The CEO of NorthWest highlighted the potential for a high-grade starter pit that could enhance project economics, emphasizing the strong and consistent higher-grade mineralization observed [5][6]
AuMEGA Metals Commences Diamond Drilling on Major Electromagnetic Target at Cape Ray
Newsfile· 2025-11-17 11:30
Core Viewpoint - AuMEGA Metals Ltd has initiated a diamond drilling program at its Cape Ray Project in Newfoundland and Labrador, marking a significant advancement in its exploration efforts aimed at discovering new gold resources [2][8]. Exploration Strategy - The company employs a systematic exploration strategy that has identified compelling targets within the Cape Ray Shear Zone (CRSZ), focusing on a newly defined airborne electromagnetic (EM) conductor near the high-grade Central Zone deposits [3][4]. - The EM conductor measures approximately 500 metres by 1,000 metres and is located 500 metres southeast of the Central Zone, which has not been previously drill tested [4][9]. Drilling Program Details - The drill program is fully funded and will commence with one diamond rig, with the potential to scale up to a second rig based on initial results [10]. - The initial drilling will target priority structures within the EM anomaly, which is believed to represent a new gold-bearing trend parallel to the Central Zone [9][10]. Historical Context and Potential - The area has been historically overlooked due to lack of surface exposure but is situated on a structural network similar to that of the Central Zone, which previously yielded a standout gold heavy mineral concentrate sample of 111.5 g/t [7][8]. - The company has identified several drill targets within the EM anomaly and is optimistic about the potential for new discoveries in this underexplored area [8][9]. Additional Exploration Efforts - AuMEGA has recently completed a till geochemical survey over the Isle aux Morts Granite, another high-priority target within the identified multi-kilometre gold corridor, with results expected soon [12][13]. - The company plans to refine drill locations for Cape Ray West based on the upcoming survey results and is prepared to mobilize for additional drilling if conditions allow [13]. Company Overview - AuMEGA Metals Ltd operates on a district-scale land package spanning 110 kilometers along the Cape Ray Shear Zone, recognized as Newfoundland's largest identified gold structure [15]. - The company currently holds a defined gold Mineral Resource of 6.2 million tonnes grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources, and 3.4 million tonnes grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources [17].
Askari Metals begins copper-gold hunt in Ethiopia - ICYMI
Proactiveinvestors NA· 2025-11-14 07:38
Core Viewpoint - Askari Metals Ltd has initiated a copper and gold exploration program at the Nejo project in Ethiopia, focusing on validating historical drilling data and targeting high-priority prospects [1][2][4]. Exploration Activities - The exploration campaign is the company's first reconnaissance-style program at Nejo, targeting areas such as Guji 1 and Komto 2 in the south, and Katta in the northwest [1][2][7]. - Historical drilling at Katta intersected 140.8 meters at 3.2% copper, with no follow-up since the 1970s, indicating potential for a large VMS-style system [2][10]. Future Plans - Preparations are underway for a planned drilling program in Q4 2025, with efforts to secure a rig, crew, and consumables [3][11]. - The Guji 1 and Komto 2 corridor is a 9-kilometer mineralized strike that remains open in both directions, which is a key focus for future drilling [3][11]. Resource Development - The company aims to reach a maiden resource within 12 months, leveraging refined historical exploration data [4][13]. - The Nejo license covers 1,200 square kilometers, with multiple additional targets to be assessed over time, indicating a long-term exploration strategy [4][15]. Continuous Updates - The exploration program is expected to generate continuous updates over the next two to three years, keeping investors engaged [5][15].