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Urbana Corporation Intersects 6.98 g/t Gold over 6.00 metres at the Urban Gold Project
Globenewswire· 2025-08-07 19:23
Core Insights - Urbana Corporation has reported positive results from its winter drill program at the Urban Gold Project, indicating significant gold mineralization and potential for further exploration [2][3][8] Drill Program Results - The drill program consisted of 5,226 meters and 17 drill holes, focusing on the southern part of the Urban Gold Project [3] - Notable intercepts include 6.98 grams of gold per tonne over 6.0 meters in hole UU-25-12, expanding the known mineralized zone to a potential strike length of 200 meters [3][4] - Historical intercepts from the 1980s were also targeted, with previous results of 15.0 g/t over 0.8 meters and 15.0 g/t over 0.97 meters [4] Upcoming Exploration Plans - A comprehensive surface exploration campaign is set to begin, targeting the underexplored northern and central portions of the Urban Gold Project [6] - The northern sector has never been drilled and is surrounded by multiple gold occurrences, while the central sector has numerous undocumented gold showings [6][7] Strategic Location - The Urban Gold Project is strategically located between Goldfield's Windfall deposit and Bonterra Resources' Barry deposit, within a highly prospective mineralized corridor [8] - The project benefits from road access and nearby infrastructure, enhancing its exploration potential [8] Quality Control Measures - True width determination for the reported intervals is estimated at 55-90% [9] - Assays were conducted using industry-standard methods, with a robust QA/QC program in place [9]
Maxus Mining Initiates 2025 Exploration Program on the Penny Copper Project, British Columbia
Globenewswire· 2025-08-07 12:00
VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce the commencement of the Company's 2025 exploration program (the "Program") on its Penny Copper Project (the "Penny Property", or the "Project") located in British Columbia, Canada. Qualified Person Statement The Company has contracted Resourceful Geoscience Solutions Inc. ("RGS") and Expert Geophysics Limited ("Expert Geophysics") to execute the Program f ...
Inventus Reports 4.18 gpt Gold and 1.48 Metre Average for Initial Trench 1 North Grade Control Drilling and Provides Update on Bulk Sample Operation
Globenewswire· 2025-08-06 11:00
Drilling Update Grade-control drilling at the Trench 1 North Site consisted of 52 shallow holes targeting the flat-lying gold mineralization for bulk sampling (Table 1 and Figure 1). Holes were drilled at 7.5-metre centres to identify a zone of approximately 10,000 tonnes for the third planned bulk sample. Assay results from the initial 20 holes within the identified pit area had a weighted average grade and thickness of 4.18 gpt gold and 1.48 metres (see Figure 1 and Table 1). Final results from the Trench ...
White Gold Corp. Commences Diamond Drilling on Flagship High Grade White Gold Project
Globenewswire· 2025-08-06 11:00
Core Insights - White Gold Corp. has commenced Phase II of its 2025 Exploration Program, focusing on high-priority gold targets in the White Gold Property, Yukon, Canada, aiming to expand its multi-million-ounce high-grade gold resource [7][8][10] - The company is leveraging its strategic partnership with Agnico Eagle Mines Limited to enhance the technical understanding of the project for future development [7][8] - The exploration program includes diamond drilling at the Golden Saddle Zone, which remains open in multiple directions and at depth, with significant widths of high-grade near-surface gold mineralization already intersected [10][11] Exploration Program Highlights - Phase II aims to efficiently expand the size and confidence of the flagship resource, with a focus on relogging and resampling historic core to unlock overlooked mineralization [11][12] - The Golden Saddle deposit contains approximately 1,203,000 ounces of gold in the Indicated Resource category and 1,116,600 ounces in the Inferred Resource category, with potential for further expansion [11][27] - The Target for Further Exploration (TFFE) area is estimated to host an additional 10-12 million tonnes grading between 1-2 g/t Au, based on current geological models [11][12] Property Portfolio and Market Position - White Gold Corp. holds a portfolio of 15,362 quartz claims across 21 properties, covering approximately 300,000 hectares, representing about 40% of the White Gold District [27] - The company’s flagship project includes four near-surface gold deposits, which are interpreted as structurally controlled orogenic gold systems, remaining open for expansion [16][27] - The Yukon region is recognized as a top mining jurisdiction, attracting significant investment from major mining companies [15][27]
Aztec Samples up to 15.6 gpt Gold & 177.3 gpt Silver at the Cervantes Project, Sonora, Mexico; Surface Exploration Program Outlines Multiple Strong Precious Metals Targets
Thenewswire· 2025-08-06 11:00
News Release - Vancouver, Canada – TheNewswire - August 6, 2025 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) ("Aztec" or the "Company") announces results from the initial phase of its 2025 exploration program at the Cervantes porphyry gold-copper project in Sonora, Mexico. Click Image To View Full Size Aztec has now completed an initial phase of its 2025 surface exploration program comprised of reconnaissance outcrop sampling and geological mapping of several targets at the 3,649 hectare, 100%-owned pr ...
Goldstorm Metals to Conduct Geophysical Programs on the Crown Property, Located in the Golden Triangle of British Columbia
Newsfile· 2025-08-06 09:00
Core Viewpoint - Goldstorm Metals Corp. is initiating geophysical programs on its Crown Property in British Columbia's Golden Triangle to enhance geological understanding and prioritize drill targets for future exploration [1][3]. Company Overview - Goldstorm Metals Corp. is a precious and base metals exploration company with a significant land position in the Golden Triangle of British Columbia, covering approximately 16,469 hectares across six concessions [10][11]. - The Crown Project is strategically located directly south of Seabridge Gold's KSM gold-copper deposits and Newmont's Brucejack mine [10][11]. Geophysical Programs - The company has contracted Simcoe Geoscience Limited to conduct ground-based Magnetotelluric (MT) and Induced Polarization (IP) surveys targeting the Copernicus Zone and other geochemical anomalies along the Orion Spine [1][3]. - The geophysical surveys will focus on a 1.4-kilometer trend of the Copernicus Zone, aiming to evaluate the underlying geology and identify potential large intrusive-related targets at depth [3][5]. - The IP study will cover 3.5 kilometers of the gold-in-rock geochemical trend along the Orion Spine, with expectations to outline conductivity anomalies that may indicate larger mineralized targets [3][5]. Financial Information - The company raised gross proceeds of $2,088,903.64 through the issuance of NFT units and flow-through units, with specific details on the number of units sold and their respective prices [7]. - Cash commissions of $42,596.38 were paid, and 608,519 non-transferable finders' warrants were issued to certain finders [7].
Encounter Resources (E6H) 2025 Conference Transcript
2025-08-06 06:55
Summary of Encounter Resources Conference Call Company Overview - Encounter Resources is positioned as a high-impact Australian explorer focused on niobium, rare earths, and copper, with a defined maiden high-grade niobium resource in the West Arundra region, Australia's newest critical minerals province [1][2] Key Points Industry and Market Context - The niobium market is significant, valued at over $5 billion annually, with only three major mines globally, two located in Brazil [15][16] - Encounter Resources aims to become a major player in this emerging mineral province, which is expected to be a globally important source of niobium [3][6] Exploration and Discoveries - Encounter has been exploring Central Australia for over 15 years, focusing on greenfields exploration strategies [3] - The company has a large exploration landholding in the Northern Territory and is actively drilling multiple projects, including Sandover and Jessica [5][6] - High-grade niobium deposits have been discovered rapidly in the West Arundra region, with significant potential for rare earths and orogenic gold [7][8] Resource Development - A resource of 19.2 million tonnes at 1.74% niobium was announced, indicating a high-grade potential compared to existing mines [15][16] - The company is advancing resource development through project studies, metallurgy, and marketing, supported by a strong institutional shareholder base [4][19] Future Plans and Drilling Activities - Encounter plans to drill over 40,000 meters this year, targeting multiple new sites based on recent geophysical surveys [24][23] - Upcoming drilling includes the Joyce deposit, which has shown promising initial results [17] - The company is also focused on copper exploration across Western Australia and Northern Territory, with partnerships that have provided over $30 million in funding [19][20] Geophysical and Academic Collaborations - Significant investments in geophysics and collaborations with academic institutions are aiding in the exploration and characterization of mineral resources [14][27] - The company has utilized pre-competitive data from the Geological Survey of Western Australia to identify promising drilling sites [25][26] Strategic Partnerships - Encounter has partnered with major mining companies, including BHP and Newcrest Mining, to minimize dilution and secure funding for exploration projects [19][20] Additional Insights - The exploration success in the West Arundra region is attributed to deep mantle tapping structures that bring valuable minerals to the surface [9][10] - The company emphasizes the importance of government support and geological surveys in facilitating exploration efforts in new regions [25][26]
3.5m at 13.1 g/t AuEq Drilled at Great Pacific Gold's Wild Dog Project
Newsfile· 2025-08-05 11:30
Core Viewpoint - Great Pacific Gold Corp. has reported promising results from its Phase 1 drill program at the Wild Dog Project in Papua New Guinea, indicating significant gold-copper mineralization potential and plans for program expansion [1][4][11]. Group 1: Drilling Program Overview - The current Phase 1 drill program aims to explore high-priority targets over a 3km strike length within a mineralized corridor, with a total of 2,500 meters of diamond drilling planned across 16 holes [2]. - The Wild Dog corridor was previously surveyed using MobileMT geophysics, revealing a strong conductivity trend extending over 15km and to depths exceeding 1,000 meters [2]. Group 2: Key Drilling Results - Seven drill holes have been completed, with the eighth hole currently in progress. Notable results include: - WDG-05: 3.0 meters at 2.4 g/t AuEq from 72.0 meters [6]. - WDG-06: 3.5 meters at 13.1 g/t AuEq from 12.0 meters, including 0.6 meters at 25.3 g/t AuEq [6]. - WDG-07: 10.0 meters at 4.0 g/t AuEq from 153.0 meters, including 5.1 meters at 6.5 g/t AuEq [6][7]. Group 3: Mineralization Continuity - The drilling results demonstrate continuity of the mineralized system, with WDG-07 extending the mineralization 250 meters to the north and WDG-08 intersecting the targeted structure approximately 30 meters south of WDG-07 [4][10]. - The main Wild Dog structure was intersected in WDG-07, showing a 34.5-meter zone of intense quartz-sulphide veining and brecciation, grading 1.77 g/t AuEq [15]. Group 4: Future Plans - Based on the success of the initial drilling results, the company is considering an expansion of the Phase 1 program [4][11]. - Additional drilling is planned, including WDG-09, which will target the mineralized zone approximately 30 meters north of the WDG-07 intercept [10]. Group 5: Company Background - Great Pacific Gold focuses on developing gold-copper resources in Papua New Guinea, with a portfolio that includes the Wild Dog Project and the Tinga Valley Project [22].
North Peak's Follow-Up Channel Sampling in Lower Dean Cave Complex Reveals Further High-Grade Gold, up to 180 g/t Au, 998 g/t Ag at the Prospect Mountain Mine Complex
Newsfile· 2025-08-05 11:00
North Peak's Follow-Up Channel Sampling in Lower Dean Cave Complex Reveals Further High- Grade Gold, up to 180 g/t Au, 998 g/t Ag at the Prospect Mountain Mine Complex August 05, 2025 7:00 AM EDT | Source: North Peak Resources Ltd. Calgary, Alberta--(Newsfile Corp. - August 5, 2025) - North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF) (the "Company" or "North Peak") announces results from follow-up sampling within the Dean Cave complex at their Prospect Mountain (PM) property in Eureka, Nevada (the "Prope ...
Sun Summit Provides Exploration Plan for Theory Project, in BC's Toodoggone District
Newsfile· 2025-08-05 11:00
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2025) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an overview of its upcoming exploration program at the Theory Project, Toodoggone Mining District, north-central British Columbia (the "Theory Project"). The Theory Project borders Thesis Gold's Ranch Project to the north and is located within 10 km to the northwest of Sun Summit's JD Project. Sun Summit signed an option agreement (the "O ...