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Integral Metals Upsizes Private Placement to up to C$3M
Globenewswire· 2025-10-14 12:00
Core Points - Integral Metals Corp. has increased its private placement offering from gross proceeds of C$2,000,000 to C$3,000,000 at a price of C$0.80 per Unit, which includes one common share and one share purchase warrant [1] - Each warrant allows the holder to acquire one share at a price of C$0.95 for a period of 24 months [1] - The net proceeds from the offering will be used for exploration activities, working capital, and general corporate purposes, including investor relations [2] Company Overview - Integral Metals Corp. is engaged in mineral exploration for critical minerals such as gallium, germanium, and rare earth elements, aiming to contribute to a domestic supply chain for these minerals [4] - The company holds properties in mining-friendly jurisdictions in Canada and the USA, including the Northwest Territories, Manitoba, and Montana, where it has received regulatory support for exploration efforts [4] Offering Details - The offering is subject to regulatory approvals, including that of the Canadian Securities Exchange, and is expected to close on or about October 23, 2025 [2][8] - All securities issued will be subject to a four-month and one-day hold period [2]
South Pacific Identifies New Mineralized Zones at Golkona South, Anga Project
Newsfile· 2025-10-14 11:30
Core Insights - South Pacific Metals Corp. has announced the discovery of new gold-copper mineralized zones at Golkona South, part of the Anga Project in Papua New Guinea, which is adjacent to K92 Mining's tenements in a highly prospective gold-copper district [1][4]. Summary by Sections Highlights - A 2.2 × 1.1 km gold in soil anomaly has been identified, with peak values reaching 1080 ppb Au, marking the highest soil gold values reported on the Anga project to date [5]. - Two zones of high copper (over 1000 ppm Cu) and silver (over 250 ppb Ag) have been detected, with peak results of 3,397 ppm Cu and 2,160 ppb Ag [5]. - Panned concentrate samples from streams in Golkona South show up to 282 ppm Au, indicating a local source [5]. - The anomalous area aligns with mobile MT conductivity features, correlating with known deposits in the Kainantu region [5]. Next Steps - The company plans to continue geochemical sampling at Golkona South and the adjacent Golkona prospect, along with geological reconnaissance and mapping to better understand the mineralization [5]. - This information will assist in defining initial drill targets for further exploration [5]. Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company with a land package of 3,100 km² and four projects in Papua New Guinea, including Anga, Osena, Kili Teke, and May River [13][14]. - The company is strategically located within the high-grade Kainantu Gold District, with potential for similar mineralization as that found in K92 Mining's tenements [14].
Vanguard Mining Updates 2025 Drilling & Fieldwork at Brussels Creek Gold-Copper-Palladium Project, Kamloops, BC
Thenewswire· 2025-10-14 07:05
Core Insights - Vanguard Mining Corp. is advancing its exploration program at the Brussels Creek Gold-Copper-Palladium Project in British Columbia, following a successful near-surface gold discovery in 2023 [1][2][6] Exploration Program - The 2025 exploration program aims to build on the 2023 drilling results, which included an intercept of 5.08 grams per tonne (g/t) gold over 3.5 metres [2][6] - Historical surface sampling in 2019 returned values up to 11.52 g/t gold, indicating high-grade potential at shallow depths [2][6] - The program will include gridded prospecting, surface sampling, trenching, permitting, and follow-up drilling, with a focus on First Nations consultation and an Archaeological Impact Assessment [7][9] Budget Allocation - The total budget for the proposed exploration program is CAD $352,000, which includes various activities such as follow-up drilling, gridded prospecting, and First Nations consultation [9][8] Strategic Location - Brussels Creek is located adjacent to New Gold Inc.'s New Afton Mine, which produced 72,609 ounces of gold and 54 million pounds of copper in 2024, with an estimated gross metal value of approximately USD $349.5 million [5][7] - The proximity to an established mining operation enhances the exploration upside for Vanguard and underscores the strategic significance of its land position within the Quesnel Terrane [6][5] Geological Context - The Brussels Creek property covers 1,350.43 hectares and has geological similarities to the New Afton mine, characterized as a silica-saturated copper-gold alkalic porphyry-style deposit [9][10] - Historic sampling has identified a broad anomalous zone with gold values up to 3.5 grams per tonne, further supporting the potential for mineralization [9][10]
U.S. GoldMining Completes 2025 Exploration Program at the Whistler Gold-Copper Project, Alaska
Prnewswire· 2025-10-13 11:00
Core Insights - U.S. GoldMining Inc. has successfully completed its 2025 exploration program at the Whistler Gold-Copper Project, focusing on developing new drill targets to support future growth opportunities [3][5][12] - The recent approval of the Ambler Road by the U.S. Federal Government is expected to facilitate the permitting and development of the West Susitna Access Road, enhancing transportation infrastructure for the Whistler Project [3][5] 2025 Exploration Program Details - The exploration program included 169 scout auger drill holes over the Whistler Orbit, covering an area of approximately 7.5 km by 4.5 km, which revealed multiple occurrences of new porphyry intrusive rock [5][7] - The scout drilling indicated that the till overburden in the Whistler Orbit is shallower than previously interpreted, suggesting that identified targets may be closer to the surface [5][7] - Systematic surface geochemical sampling and mapping of the Muddy Creek area have been completed, identifying new zones of increased quartz vein density, which are indicative of intrusion-related gold systems [5][8] Historical Exploration and Results - Historical exploration at the Muddy Creek target area included reconnaissance rock chip sampling, with 73 samples returning assays greater than 1 gram per tonne gold, including peak values of 111.50 g/t Au [8] - The 2025 program aimed to define zones of higher density quartz veining and develop geochemical pathfinders to bedrock mineralization, with a total of 106 rock grab samples and 7 silt samples collected [8] Future Plans - The company is advancing its initial assessment study (PEA) for the Whistler Project, aiming to define a potential economic base-case mining opportunity [5][12] - Assay results from the recent drilling and sampling efforts are pending, which will provide critical geochemical data for future exploration [5][7]
Trimera Metals Completes 2025 Tahlo Lake Exploration Program
Newsfile· 2025-10-10 12:00
Core Insights - Trimera Metals Corp. has made significant progress on its 2025 Tahlo Program, focusing on exploration at its Tahlo Lake property, which is strategically located near American Eagle Gold Corp.'s NAK project in British Columbia [1][4][5] Exploration Progress - In August 2025, Trimera completed a ZTEM survey that identified several prospective areas of interest, and acquired LiDAR data to create a preliminary surficial geology map, aiding in the selection of sample sites [2] - A seven-day till sampling program was conducted from September 2 to September 8, 2025, resulting in the collection of 20 samples from 14 hand-dug till pits, with assay results expected within a month [3] Strategic Importance - The Tahlo Lake property is located in a region known for significant mineral potential, particularly due to its proximity to the promising copper-gold porphyry mineralization at American Eagle's NAK project [4] - The company aims to leverage innovative and sustainable exploration practices to unlock the potential of the Tahlo Lake property and create shareholder value [5][8]
Wallbridge Mining (OTCPK:WLBM.F) Update / Briefing Transcript
2025-10-09 17:00
Wallbridge Mining Update Summary Company Overview - **Company**: Wallbridge Mining (OTCPK: WLBM.F) - **Date of Call**: October 09, 2025 - **Key Speakers**: Tanya Barreto (Director of Investor Relations), Mark Peterson (Senior Exploration Geologist), Brian (CEO) Industry Context - **Industry**: Mining, specifically gold exploration and production - **Market Conditions**: Gold prices are at record highs, with long-term analyst consensus prices between $2,700 and $2,800 per ounce, compared to $2,200 per ounce used in previous analyses [28][30] Key Points and Arguments Exploration and Projects - **Martiniere Project**: - Focused on exploration drilling beyond known mineral resources, with significant potential for a larger gold system than previously indicated [8][11] - Updated mineral resource estimates were completed, showing positive results from recent drilling [9][12] - Aggressive exploration approach initiated, with a focus on stepping out laterally and testing deeper projections [11][12][18] - Anticipated results from Phase two drilling expected by mid-November, with a news release planned for late November or early December [20] - **Fenelon Project**: - A preliminary economic analysis (PEA) was completed, with a positive outlook for future development [22][24] - The project has a projected annual production of 107,000 ounces of gold, with good free cash flow at $2,200 gold prices [28][39] - The PEA indicates a 16-year mine life, with potential for future growth [41][42] Financial Position - **Cash Position**: - Improved cash position with $8 million from the sale of the D2R East property and $4.7 million from refundable tax credits [22] - Expected to close the year with approximately $15 million in the bank [23] - **Shareholder Structure**: - Major shareholders include Era (15%) and Agnico (9.9%), with Agnico participating in all financings to maintain their interest [21] Market Strategy and Communication - **Investor Relations**: - Plans for increased marketing and communication with investors, including participation in various conferences and virtual events [47][48] - Acknowledgment of the need for better engagement with shareholders to address concerns about stock price performance [57][63] Challenges and Future Outlook - **Market Challenges**: - Despite positive exploration results and high gold prices, the company's stock price has not moved in line with market expectations [63][64] - The timeline for commercial production is estimated at six to seven years, requiring completion of feasibility studies and obtaining necessary permits [55] - **Future Plans**: - Continued focus on exploration at Martiniere and Fenelon, with plans to assess results and develop strategies for 2026 [88][90] - Emphasis on enhancing shareholder value through exploration success and potential partnerships with larger mining companies [58][60] Additional Important Information - **Technical Studies**: Ongoing low-cost desktop studies to advance the Fenelon project towards a pre-feasibility study [90] - **Community Relations**: Strong relationships with First Nations partners, with ongoing negotiations for pre-development agreements [46] This summary encapsulates the key points discussed during the Wallbridge Mining update, highlighting the company's exploration efforts, financial position, market strategy, and future outlook in the context of the gold mining industry.
Pacifica Silver Identifies New Extensions to Mineralized Veins at Claudia Silver-Gold Project; Provides Phase I Drill Program Update
Newsfile· 2025-10-09 12:00
Core Insights - Pacifica Silver Corp. has identified new high-priority drill targets at its Claudia Silver-Gold Project in Durango, Mexico, based on assay results showing up to 23.6 g/t Au and 480 g/t Ag from 325 surface rock chip samples collected in 2022 [1][2] - The Phase I drill program commenced on September 22, 2025, with plans to apply for permits to drill the new targets in Q1 2026 [1][2] Exploration Results - Recent assay results confirm that high-grade gold and silver mineralization is more extensive than previously recognized, with mineralization present at surface for at least 1.5 kilometers between historical workings [2] - The highest single sample assay result was 22.7 g/t Au and 480 g/t Ag, indicating potential mineralization extending further south towards the Mina de Oro vein system [2] - A total of 322 surface rock-chip and three mine dump samples were collected in 2022, with approximately 85% from vein outcrops south and east of the Tres Reyes workings [4] Sample Highlights - The top 13 samples (4%) assayed ≥100 g/t Ag, with a maximum of 480 g/t Ag and an average of 257 g/t Ag and 3.59 g/t Au [11] - Across all 325 samples, the average grade was 20 g/t Ag and 0.43 g/t Au [11] Drilling Program Update - The Phase I drilling program is designed to delineate and expand known mineralization, with 647 meters completed across the first three holes as of October 8, 2025 [13][14] - The company plans to add a third drill rig in November 2025 to test the permitted northern zone of the Veta Justina area [14] Project Overview - The Claudia Silver-Gold Project spans 11,876 hectares and encompasses most of the historic El Papantón Mining District, where at least nine small mines operated throughout the 20th century [21] - Only 10% of over 30 kilometers of known veins have been drilled, indicating significant potential for new high-grade discoveries [21]
South Atlantic Gold Acquires Additional 4.2k hectares of UAV Magnetic Survey Data and Appoints Mr. Matt Rees, P.Geo.
Thenewswire· 2025-10-09 12:00
Core Insights - South Atlantic Gold Inc. has announced the acquisition of an additional 4,200 hectares of UAV magnetic survey data, bringing the total to 6,800 hectares at the Pedra Branca Project in Brazil [1][2] - The company has appointed Mr. Matt Rees as Technical Advisor, who brings over 40 years of international exploration experience [3] UAV Magnetic Survey Review - The company is conducting a detailed review of the UAV magnetic survey data to delineate priority drill targets and design the next exploration program at Pedra Branca [2] - The geophysics team is reprocessing the entire 6,800 hectares of UAV magnetic survey data using low-latitude algorithms, enhancing structural interpretation and highlighting features of interest [4] - The reprocessed data will be integrated into the Leapfrog™ 3D geological model for refined drill targeting and evaluation of mineralized continuity at depth [4] Appointment of Technical Advisor - Mr. Matt Rees holds a M.Sc. in Geology and has extensive experience, including leadership roles at IAMGOLD Corporation [3] - His expertise is expected to be invaluable in advancing the Pedra Branca project [2][3] Next Steps - The company plans to complete magnetic reprocessing and quality assurance/quality control (QA/QC) [5] - Integration of results into Leapfrog™ for updated 3D targeting is underway [5] - Field validation will include mapping, soil, and stream-sediment sampling, along with a review of historical drill core for additional sampling opportunities [5]
Mogotes Metals: Vicuna: Drilling at Filo Sur Project to Commence
Newsfile· 2025-10-09 11:30
Core Viewpoint - Mogotes Metals Inc. is set to commence drilling on key priority targets at its Filo Sur project, which is strategically located south of the significant BHP/Lundin Filo Del Sol resource, focusing on Porphyry Copper and High Sulfidation Epithermal gold-silver mineralization [1][3][25]. Drilling Plans - The company plans to operate up to two drill rigs this season, targeting an initial program of approximately 5,000 meters of diamond drilling, with the first rig expected to arrive within three weeks [4][5]. - Drilling will begin on the southern, lower-elevation targets at Cruz del Sur and Stockwork Hills, with the program adapting based on initial results and concurrent surface exploration [4][5]. Target Areas - Key targets at the Filo Sur project include: - **Los Mogotes**: A Porphyry Copper target located 2.5 km south of the Filo del Sol resource, featuring a large-scale 1,600m x 800m resistivity anomaly at depths of 200 to 500m [7][10]. - **Meseta**: A High Sulfidation Epithermal Au-Ag target with a footprint of 1,000m x 400m, showing promising rock chip assays of up to 1.48 g/t Au and 18.8 g/t Ag [12][13][14]. - **Cuenca**: An epithermal Au-Ag target characterized by a concealed mushroom-shaped body with a resistivity anomaly, showing rock chip assays of up to 0.84 g/t Au and 16.2 g/t Ag [16][18]. - **Cruz del Sur**: A large-scale covered Porphyry Au (Cu Ag) target with a footprint of 700m x 400m, showing encouraging trench channel results with assays of 3m at 2.14 g/t Au [20][22]. - **Stockwork Hills**: A Porphyry Cu Au target with a footprint of approximately 600m x 200m, showing trench results of 147m at 0.2 g/t Au and 600 ppm Cu [22][24]. Company Overview - Mogotes Metals Inc. is a mineral exploration company focused on copper and gold in the Vicuña district of Argentina and Chile, with its flagship project, Filo Sur, adjacent to the Filo del Sol discovery [25].
Azimut Confirms Extensive High-Grade Lithium Surface Discovery on Wabamisk East Property, James Bay Region, Quebec
Globenewswire· 2025-10-09 10:30
Core Insights - Azimut Exploration Inc. has reported positive results from a systematic field program on its Wabamisk East Property, revealing a large-scale system of spodumene pegmatites with significant lithium potential [1][7]. Group 1: Project Overview - The Wabamisk East Property consists of 205 claims covering 108.5 km and is wholly owned by Azimut, which has optioned it to Rio Tinto for lithium exploration [8]. - Under a revised option agreement, Rio Tinto can earn up to a 70% interest by spending $85 million, with Azimut acting as the operator during the initial phase [2][11]. Group 2: Geological Findings - The pegmatite bodies at Lithos-North and Lithos-South exhibit variable thicknesses, with the former showing thicknesses from 10 to over 50 meters and the latter from 10 to 15 meters [5][6]. - A total of 86 distinct spodumene-bearing outcrops have been identified, with 63 of 109 grab samples collected in 2025 returning grades higher than 0.5% Li2O, including 29 samples exceeding 2.0% Li2O, with a maximum grade of 6.93% Li2O [7]. Group 3: Future Plans - Azimut plans to propose an aggressive drilling program to Rio Tinto for early 2026 as the project progresses towards the drilling stage [2]. - The ongoing mechanical stripping is expected to expand the known footprint of the pegmatitic bodies and confirm continuous mineralization over a significant area [7].