C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) CEO Dan Symons spoke with Proactive about the company’s fully funded drill programs underway in Peru and Jamaica.  Symons provided detail on the commencement of diamond drilling at the Khaleesi project in Peru. He explained that the project is located near several major operations, including Las Bambas and Constancia, and that C3 Metals has consolidated a 310km² land package in the area.   The first-ever drill program at Khaleesi targets large copper soil anomalies and ...

VANCOUVER, British Columbia, Oct. 03, 2025 (GLOBE NEWSWIRE) -- King Copper Discovery Corp. (“King Copper”, or the “Company”; KCP-TSXV, TBXXF-OTCQB, 3RI-FSE) is pleased to report on continued progress onsite at the Company’s Colquemayo Project in Peru. In anticipation of an upcoming and fully funded 15,000 metre drill program, Company geologists are onsite relogging and reinterpreting historic drill core. Relogging and reinterpretation of the historical drill core covering approximately 4 km of the known 12k ...

Core Viewpoint - Midnight Sun Mining Corp has reported encouraging drilling results from its flagship Dumbwa target in Zambia, confirming the presence of a mineralized system with high copper grades. Group 1: Drilling Results - The initial two drill holes confirmed the presence of a mineralized system, with results including 40 meters of 0.51% copper, a seven-meter interval grading 1.13% copper, and 26 meters of 0.48% copper [2][8][11] - Copper grades in soil samples reached up to 0.73%, surpassing the regional average of 0.56% [2][5][6] Group 2: Geological Significance - The Dumbwa target is a 20-kilometer-long soil anomaly, recognized as the largest and highest-grade recorded in Zambia [5][6] - The continuity of mineralization across long strike lengths suggests significant large-scale tonnage potential, with comparable deposits in the region typically running at 0.3% to 0.5% copper over 10 to 20 meters [3][9] Group 3: Future Prospects - The drilling program is still in its early stages, with further results expected as additional samples have been sent to the lab [4][10] - The correlation between geophysics, surface anomalies, and historical drilling is strengthening the geological model, indicating potential for larger and higher-grade intercepts as drilling progresses [4][11]

Core Viewpoint - Silver Dollar Resources Inc. has successfully closed a brokered private placement offering, raising a total of $5,900,000 through the sale of units priced at $0.35 each [1][3]. Group 1: Offering Details - The offering consisted of units, each comprising one common share and one common share purchase warrant, with warrants priced at $0.45 and valid until October 3, 2028 [2]. - A total of 14,000,000 units were sold under the Listed Issuer Financing Exemption, while 2,857,150 units were sold to accredited investors [4]. - The company paid a cash commission of $347,343.15 to the agent and issued 992,409 broker warrants, which can be exercised at $0.35 until October 3, 2028 [9]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to exploration activities on the La Joya Silver Project in Durango, Mexico, and the Ranger-Page Ag-Pb-Zn Project in Idaho, as well as for general working capital [3]. Group 3: Major Shareholder Activity - Eric Sprott, through his corporation, acquired 2,857,150 units for a total of $1,000,002.50, increasing his ownership to 12,878,391 common shares and 4,356,150 warrants post-offering [5][6]. - Following the offering, Sprott holds approximately 17.5% of the outstanding shares on a non-diluted basis and 22.1% on a partially diluted basis [5]. Group 4: Company Overview - Silver Dollar Resources Inc. is focused on mineral exploration in North America's mining regions, particularly in Idaho's Silver Valley and the Durango-Zacatecas silver-gold belt, with a commitment to aggressive growth and potential acquisitions [11].

Core Viewpoint - Renegade Gold Inc. has expanded its land package in the Red Lake Mining District to approximately 94,000 hectares through the acquisition of the BobJo and Keystone properties, while also announcing a share consolidation plan [1][19]. Group 1: Property Acquisitions - The BobJo Property consists of 65 hectares covering nine patented claims and will be integrated into the Confederation Project [1][5]. - The Keystone Property encompasses 4,320 hectares of 212 unpatented single-cell claims, strategically linking existing properties and enhancing the company's land position [1][9]. - The addition of these properties positions Renegade as one of the largest landholders in the Red Lake Mining District, which is known for its rich mineralization [1][19]. Group 2: Strategic Importance - The Keystone Property serves as a critical corridor connecting the Red Lake land with the Confederation Belt, enhancing exploration potential along favorable geological structures [3][10]. - The BobJo Property has historical high-grade gold mineralization, which is expected to contribute positively to the exploration pipeline [4][6]. - The surrounding area has a proven history of production, including significant outputs from the South Bay and Grasset mines, indicating the potential for high-grade mineralization in the newly acquired properties [6][13]. Group 3: Financial Terms - Under the BobJo Agreement, the company will issue 750,000 post-consolidation common shares upon TSXV approval [11]. - The Keystone Agreement allows the company to acquire the property by issuing a total of 3,000,000 post-consolidation common shares and paying $150,000 in cash [12][14]. - The company plans to consolidate its shares on a three-for-one basis, subject to TSXV approval, which aims to enhance shareholder value [15].

Core Viewpoint - GoldHaven Resources Corp. has initiated its first diamond drilling program at the Copeçal Gold Project in Brazil, targeting two key areas identified through extensive exploration work [1][2][5]. Company Overview - GoldHaven Resources Corp. is a Canadian junior exploration company focused on acquiring and exploring highly prospective land packages in North and South America, including the Copeçal Gold Project [15]. Project Details - The Copeçal Gold Project is located within the Juruena Magmatic Arc in north-central Brazil, covering a total of 3,681 hectares in a geologically favorable setting [10][11]. - The project has a notable exploration pedigree, having been identified by AngloGold Ashanti as one of Brazil's most prospective greenfields belts [5][6]. Exploration Strategy - The upcoming drill program will focus on two high-priority targets, Copeçal East and Copeçal West, identified through soil and auger drilling geochemistry, magnetic surveys, and induced polarization surveys [2][4]. - Historical exploration conducted by AngloGold Ashanti from 2010 to 2016 included systematic soil sampling and geophysical surveys, which revealed multiple zones of anomalous gold mineralization [13][14]. Market Context - The Juruena Gold Province is recognized for its potential for various gold deposit styles, including mesothermal shear-related and intrusion-related deposits, with significant discoveries in the region [11][12]. - The strategic location of Copeçal positions it among a growing cluster of significant gold discoveries and developments, enhancing its attractiveness for exploration [7][8]. Management Insights - The Country Manager of GoldHaven emphasized the project's potential, citing the robust geochemical and geophysical datasets available from previous exploration efforts [7]. - The CEO of GoldHaven expressed excitement about the commencement of drilling, highlighting the transition from target definition to discovery work [9].

Core Insights - REV Exploration Corp. has entered into a Definitive Agreement to acquire 41 mining claims, effectively doubling the size of its JMW Gold Property to approximately 40 sq. km in northern Quebec's Chibougamau Camp [1][2] Company Overview - REV is a mineral exploration company with a portfolio of gold and battery metal properties in Quebec, including JMW and Maxwell, and has exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [4] Transaction Details - The acquisition involves a cash payment of $35,000 and the issuance of $40,000 worth of common shares to the Vendor upon closing, along with a 1.0% Net Smelter Return (NSR) in favor of the Vendor, with a buyback option for REV at $750,000 [5] Exploration Potential - The JMW Gold Property is noted for its advanced prospect status, with over 30 historical diamond drill holes indicating apparent gold enrichment along a 6 km long felsic complex [2]

Core Insights - Northern Lights Resources Corp. has initiated exploration at the Pup Project in Yukon, Canada, focusing on the Petal Zone and two other copper targets, Gismo and Finn [1][2] Exploration Details - The exploration activities will include ground magnetic surveying, soil geochemical sampling, prospecting, hand trenching, and sample collection for thin section analyses [1] - The Petal Zone is characterized by a significant copper soil anomaly measuring approximately 850 meters long and up to 400 meters wide, with copper values reaching up to 2,962.9 ppm [3] - Initial exploration will prioritize the Petal Zone, which has previously yielded high-grade grab samples with copper content up to 3.799% [2][7] Geological Context - The Petal Zone is underlain by quartz-biotite-chlorite schist, possibly indicating a dioritic intrusive, in contact with a quartz-sericite-limonite unit [7] - The Gismo Zone, located 2 kilometers northeast of Petal, has rock sample values of up to 201.3 ppb gold and 643.2 ppm copper, while the Finn Zone, 1.5 kilometers southwest of Petal, has shown copper values up to 3,082 ppm [8] Project Overview - The Pup Project consists of 64 quartz claims covering approximately 1,300 hectares and is situated within the mineral-rich Yukon Tanana Terrane [14] - The project is accessible via rough dirt roads leading to two active placer gold mines, located about 10 kilometers west of Dawson City [14]

Core Insights - Argyle Resources Corp. has provided an update on its diamond drilling program at the Clay Howells Rare Earth Element (REE) Project, indicating significant progress and promising findings [1][2]. Drilling Progress - The drilling campaign has completed four holes, with drilling currently underway on the fifth hole, CH-25-05 [2][3]. - A total of 1231 meters were drilled from September 21st to September 29th, averaging 102.6 meters per day [3]. - Hole CH-25-05 is currently at 267 meters of a planned 300 meters, with drilling expected to be completed shortly [3]. Significant Findings - A notable discovery was made in hole CH-25-04, where a 5.9-meter interval of magnetite-layered carbonatite was encountered between 165.25 and 171.15 meters [4][5]. - Preliminary analysis confirmed the presence of high-grade REE, including cerium, lanthanum, neodymium, and praseodymium, making this one of the most promising intervals in the drilling program [5]. Future Plans - The company plans to continue drilling in the same magnetic anomaly area following the success of hole CH-25-04 [2][5]. - The next planned hole, 2025-AR-006-b, will commence after the completion of CH-25-05 [3]. Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and exploring natural resource properties in North America, including the Clay Howells REE project in Ontario [9].

Core Insights - Mustang Energy Corp. has staked an additional claim on its 914W Uranium Project in collaboration with Skyharbour Resources Ltd. [1] - The new claim, designated MC00022913, covers an area of 1182.25 hectares and is located immediately east of the original 914W claim [2] - Historical exploration on the new claim includes airborne EM, magnetic, and radiometric surveys conducted in 1969 and 1976, with minimal modern exploration having been performed [2] Company Overview - Mustang Energy is a Canadian mineral exploration company focused on discovering and developing uranium and critical mineral assets [3] - The company holds a portfolio of 147,153 hectares of strategically located properties in Saskatchewan's Athabasca Basin, a leading uranium district globally [3] - Mustang Energy is advancing early-stage exploration using modern techniques and a disciplined, data-driven approach, aiming to build long-term value through responsible exploration [3]