Workflow
Mineral Resource Estimate
icon
Search documents
REPEAT -- QGold Strengthens Board of Directors with Appointment of Jamsheed Mehta, former Vice-Chair at BMO Capital Markets
Globenewswire· 2025-12-04 12:00
Core Viewpoint - Q-Gold Resources Ltd. has appointed Jamsheed Mehta to its Board of Directors, bringing extensive capital markets experience to the company, which is focused on advancing its exploration and development initiatives, particularly the Quartz Mountain Gold Project [1][2][3]. Management Changes - Jamsheed Mehta has over 35 years of capital markets experience, including a 31-year tenure at BMO Capital Markets, where he held senior leadership roles and was Vice-Chair until 2023 [2][4]. - Scott Moore has been appointed as VP Corporate Development, bringing over 25 years of experience in the resource sector, including previous roles as CEO of Euro Sun Mining Inc. and President of Dacha Strategic Metals [5]. Quartz Mountain Gold Project - The Quartz Mountain Gold Project, located in southern Oregon, is QGold's flagship asset and represents a significant gold development opportunity in a historically productive mining district [6][7]. - The project was acquired from Alamos Gold in Q4 2025 and has a mineral resource estimate of approximately 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t within 50,002,000 tonnes in the indicated category [7][8]. - An additional 148,000 ounces of gold at a grade of 0.77 g/t and 135,000 ounces of silver at a grade of 0.70 g/t are included in the inferred category [8]. Strategic Initiatives - QGold has engaged Kappes, Cassiday & Associates to initiate a preliminary economic assessment on the Quartz Mountain Gold Project, indicating a proactive approach to project development [7]. - The company aims to progress its portfolio of gold and silver assets toward production, focusing on resource expansion and responsible environmental stewardship [12].
Successful 2025 Nalunaq gold mine drilling programme - 1,840 g/t of gold over 0.5m in Mountain Block derisks near-term production and expansion of the Main Vein at depth
Globenewswire· 2025-12-04 07:00
Core Insights - Amaroq Ltd. has successfully completed its 2025 drilling program at the Nalunaq gold mine, reporting high-grade gold intersections, including 1,840 g/t over 0.5 meters, which derisks near-term production and supports expansion of the Main Vein at depth [2][6][16] - The exploration results confirm the extension of the Main Vein down-dip, indicating significant potential for further resource growth beyond previously identified areas [3][4][16] Exploration Results - A total of 2,127 meters of underground resource conversion drilling was completed, with 62% intersecting the mineralized Main Vein, yielding a weighted average grade of 87.6 g/t Au, which is higher than the resource model predictions [6][10] - Surface drilling has confirmed the Main Vein structure extends approximately 700 meters down-dip from previously mined areas, indicating additional upside potential [6][15][17] Resource Estimates - The current Mineral Resource includes 158 koz (151.5 Kt at 32.4 g/t Au) Indicated and 326 koz (348 Kt at 29.2 g/t Au) Inferred, with an Exploration Target of approximately 600,000 to 2.3 million tonnes at grades between 10–30 g/t Au in underexplored areas [8][41] - An updated geological model will be developed incorporating all 2025 drilling results ahead of the planned Mineral Resource Estimate update (MRE5) in Q1 2026 [13][19] Ongoing Activities - The company is continuing its exploration activities through the winter season, focusing on both resource conversion and further surface testing to expand the known mineralized envelope [19][20] - A westward exploration drive is being advanced to assess the potential to broaden the Mountain Block mineral corridor, integrating in-mine resource definition with systematic exploration [20][21]
Argentina Lithium & Energy Corp. Files Technical Report for the Rincon West Lithium Project
Prnewswire· 2025-12-04 00:00
TSX Venture Exchange (TSX-V): LITFrankfurt Stock Exchange (FSE):**OAY3**OTCQX Venture Market:**LILIF**VANCOUVER, BC,Dec. 3, 2025/PRNewswire/ -**Argentina Lithium & Energy Corp.**(TSXV: LIT) (FSE: OAY3) (OTCQX:[LILIF](#financial-modal))**, ("Argentina Lithium" or the "Company")**is pleased to announce the filing of the NI 43-101 Technical Report (the "**Report**") supporting disclosure of the first mineral resource estimate ("**MRE**") for the Rincon West lithium brine project in Salta Province, Argentina (" ...
Scorpio Gold Announces Receipt of First Deferred Payment from Mineral Ridge Sale
Newsfile· 2025-12-03 11:00
Scorpio Gold Announces Receipt of First Deferred Payment from Mineral Ridge SaleDecember 03, 2025 6:00 AM EST | Source: Scorpio Gold CorpVancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - Scorpio Gold Corp. (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") announces that it has received the first deferred payment from the previously completed sale of its wholly-owned subsidiary, Mineral Ridge Gold, LLC ("MRG"), to an arm's length purchaser.As disclosed in ...
Q2 Metals Intercepts 457.4 metres of 1.65% Li₂O in Drill Hole 44 at the Cisco Lithium Project
Globenewswire· 2025-12-03 08:44
Core Insights - Q2 Metals Corp. reports significant progress in its 2025 drill program at the Cisco Lithium Project, highlighting drill hole 44 as a major discovery with extraordinary width and grade, which will support the upcoming Mineral Resource Estimate expected in Q1 2026 [2][3][4] Drill Program Results - The 2025 Drill Program has completed 2,200.4 meters of drilling across four drill holes, with notable results from drill hole CS25-044, which includes two intervals of 457.4 meters at 1.65% Li2O and 36.9 meters at 1.65% Li2O [3][4] - Drill hole CS25-044 is noted as the widest continuous spodumene pegmatite interval drilled by the company to date, contributing to the initial Mineral Resource Estimate [4][10] - The ongoing drilling campaign aims to support the initial inferred Mineral Resource Estimate, with infill drilling planned to be completed in the coming weeks [4][10] Exploration Target - The Exploration Target for the Cisco Project estimates potential lithium mineralization between 215 to 329 million tonnes at grades ranging from 1.0% to 1.38% Li2O, based on the first 40 holes drilled [10][16] - The current drilling efforts are focused on infill drilling within the main mineralized zone, which remains open at depth and along strike, indicating further exploration potential [17] Upcoming Events - Q2 Metals team is participating in the Mines & Money Resourcing Tomorrow conference in London, UK, from December 2-4, 2025, to engage with industry stakeholders [11] Quality Assurance and Methods - The company employs rigorous QA/QC protocols in its sampling and analytical processes, including the use of certified reference materials and systematic insertion of blanks to ensure data integrity [12][13]
Doubleview Provides Cobalt Resource Summary for the Hat Polymetallic Deposit in Advance of Updated MRE and PEA
Newsfile· 2025-12-02 13:45
Core Viewpoint - Doubleview Gold Corp. is preparing to release an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) for the Hat Polymetallic Deposit, highlighting its significant cobalt resource as a key component of the project [1][4]. Cobalt Resource Summary - The Hat Deposit is noted to potentially contain one of the largest undeveloped cobalt inventories in Canada, with cobalt occurring as a by-product associated with copper and pyrite mineralization [2][4]. - The indicated resource includes 150 million tonnes with 28 million pounds (approximately 12,700 tonnes) of cobalt at a grade of 0.008% Co, while the inferred resource consists of 477 million tonnes with 91 million pounds (approximately 41,300 tonnes) of cobalt at a grade of 0.009% Co [6][11]. Metallurgical Insights - Cobalt is consistently distributed throughout the alkalic porphyry system alongside other metals, and metallurgical tests indicate efficient liberation of cobalt into a clean pyrite concentrate suitable for conventional processing [3][4]. Strategic Importance of Cobalt - Cobalt is classified as a critical mineral by several countries, including Canada and the United States, and is essential for high-performance lithium-ion batteries, superalloys, and clean-energy technologies [5][7]. - The Hat Deposit's location in a Tier-1 jurisdiction and its substantial cobalt endowment enhance its long-term relevance as demand for responsibly sourced battery metals increases [4][8]. Project Development Context - The Hat Deposit has undergone multiple exploration campaigns and is expected to advance through necessary evaluation and development stages, potentially contributing to future domestic cobalt supply [8][10].
Verde AgriTech Drilling Confirms From‑Surface, High‑Grade, Clay hosted Rare Earth Mineralization, Open for Expansion in Minas Gerais, Brazil
Globenewswire· 2025-12-02 13:27
Core Insights - Verde AgriTech Ltd. has reported positive assay results from the first three drill holes of its resource definition program at the Minas Americas Global Alliance rare earths project in Brazil, confirming high-grade mineralization and potential for significant resource expansion [1][2][4]. Exploration Highlights - All three drill holes intersected continuous, clay-hosted rare earth mineralization from surface, indicating the presence of high-grade mineralized horizons [2][8]. - The current drill campaign, which began in October 2025, aims to test near-surface rare earth oxide mineralization and is expected to support a maiden mineral resource estimate by Q1 2026 [2][9]. Initial Drill Results - The best intercept was 14.2 meters from surface averaging 6,858 ppm Total Rare Earth Oxides (TREO) and 1,673 ppm Magnetic Rare Earth Oxides (MREO) in hole MAV_AD_002 [8][9]. - High dysprosium content was noted, with Dy₂O₃ up to 86 ppm in the best drill intercepts, enhancing the project's profile for magnet rare earths [8][9]. Next Steps - The company plans to complete approximately 200 drill holes by the end of February 2026 to support the initial NI 43-101 mineral resource estimate [9][26]. - Upcoming milestones include the publication of the maiden mineral resource estimate in Q1 2026 and the completion of a Preliminary Economic Assessment (PEA) in Q2 2026 [26][27]. Metallurgical Program - Previous leach tests confirmed ionic-adsorption clay behavior with high-value magnet rare earths reporting strongly into solution, indicating a clean leachate suitable for downstream processing [17][18]. - A dedicated metallurgical test program is being planned to optimize reagent conditions and assess potential processing routes for clay-hosted rare earth deposits [25]. Company Positioning - Verde is strategically positioned to advance the project alongside its core sustainable fertilizer business, leveraging existing infrastructure and teams in the region [5][19]. - The company aims to contribute to a secure and responsible supply of rare earths essential for the global energy transition [5][19].
DPM Metals Announces Inferred Mineral Resource Estimates of 2.6 Million Gold Ounces and 1.9 Billion Pounds of Copper at the Rakita Camp
Globenewswire· 2025-12-02 13:00
Core Viewpoint - DPM Metals Inc. has announced initial Mineral Resource Estimates (MRE) for the Dumitru Potok, Rakita North, and Frasen prospects in eastern Serbia, indicating significant potential for a district-scale gold-copper system [1][3][4]. Mineral Resource Estimates - The total Inferred MRE comprises 2.6 million ounces of gold and 1.9 billion pounds of copper, contained within 84.4 million tonnes grading 0.97 g/t gold and 1.02% copper, assuming an underground mining scenario [5][12]. - The Dumitru Potok prospect alone contains 64.1 million tonnes at a grade of 1.07 g/t gold and 1.09% copper, representing a significant higher-grade core of the MRE [12]. Exploration Potential - All three deposits (Dumitru Potok, Rakita North, and Frasen) remain open in multiple directions, suggesting further exploration potential and resource growth at low-cost discovery rates [4][28]. - The company has identified numerous high-potential targets along a six-kilometre trend, enhancing the prospects for continued mineral resource growth [3][12]. Metallurgical Testwork - Initial metallurgical testwork indicates high recoveries are achievable, producing potentially saleable copper and gold concentrates [12][21]. - Preliminary flotation testwork produced saleable gold-copper concentrate grades between 18% to 39% for copper and 14 g/t to 31 g/t for gold [25][27]. Next Steps - Drilling is paused on the Čoka Rakita exploration license pending permit renewal, with plans to recommence in the second quarter of 2026 [29]. - The company plans 20,000 metres of diamond drilling at the Čoka Rakita exploration license to infill and extend mineralization at the Dumitru Potok prospect [30]. Stakeholder Engagement - DPM has maintained strong partnerships with local communities and governments since 2004, emphasizing proactive engagement as exploration activities advance [31][32]. Investor Engagement - DPM is hosting an investor day on December 4, 2025, to present highlights of the Rakita camp MRE and provide updates from the executive and technical teams [33][34].
REMINDER — QGold Resources Engages SLR Environmental to Advance Permitting for Quartz Mountain Gold Project
Globenewswire· 2025-12-02 12:00
Core Viewpoint - Q-Gold Resources Ltd. has engaged SLR Consulting to advance environmental baseline studies and permitting strategies for its flagship Quartz Mountain Gold Project in southern Oregon, marking a significant milestone in the project's development [1][3]. Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America [13]. - The company is committed to progressing its portfolio of gold and silver assets toward production, with a primary focus on the Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario [14]. Project Details - The Quartz Mountain Gold Project is located in southern Oregon and is strategically positioned in a historically productive mining district with excellent infrastructure access [8]. - The project was acquired from Alamos Gold Inc. in October 2025 and represents a promising gold development opportunity [4]. Engagement with SLR Consulting - SLR Consulting has extensive experience in mine permitting across North America, particularly in Oregon's regulatory environment, which will help Q-Gold navigate the environmental review and permitting pathway for the Quartz Mountain Gold Project [2]. - The scope of SLR's work includes environmental baseline data collection, permitting strategy development, stakeholder engagement planning, and coordination with relevant regulatory agencies [3]. Mineral Resource Estimate - The recent technical report disclosed an estimated 1.543 million ounces of gold at 0.96 g/t and 2.049 million ounces of silver at 1.27 g/t within 50,002,000 tonnes in the indicated category, plus an additional 148,000 ounces of gold at 0.77 g/t and 135,000 ounces of silver at 0.70 g/t within 5,992,000 tonnes in the inferred category [9][6]. - The Mineral Resource Estimate indicates that the deposit is amenable to conventional open-pit mining methods [5].
Rocky Shore Strengthens Its Gold Anchor Project by Adding Two Significant Historical Gold Resources
Globenewswire· 2025-12-02 12:00
Core Viewpoint - Rocky Shore Gold Ltd. has entered into option and purchase agreements to acquire key mining claims in central Newfoundland, enhancing its strategic position in a promising gold belt [1]. Group 1: Properties - The Huxter Lane Property consists of 90 claims covering 2,250 hectares and hosts the Mosquito Hill Gold Deposit, classified as a porphyry-controlled gold deposit [3]. - The Brady Property includes four claims over 100 hectares, hosting the Reid Gold Deposit, also classified as a porphyry-controlled gold deposit, with an inferred mineral resource of 9,570,000 tonnes at 0.56 g/t gold, equating to approximately 173,000 gold ounces [5]. - Both properties are adjacent to the Gold Anchor Project, which contains two large porphyry-controlled gold deposits and is strategically located near the Lane Pond Gold Target along the Appleton Fault [7]. Group 2: Transaction Terms - The Huxter Lane Option Agreement allows the company to earn a 100% interest in the Huxter Lane Property through cash payments and share issuances, with a total of $650,000 in cash and 15,000,000 shares over four years [10][11]. - The Brady Property Purchase Agreement involves a cash payment of $75,000 and the issuance of 1,000,000 common shares for a 100% interest, with a 0.5% NSR retained by the vendor [13]. Group 3: Strategic Importance - The acquisition of both properties is seen as strategically important due to the current high gold prices and the potential for significant historical gold resources to be added to the Gold Anchor Project [6]. - The company plans to conduct a maiden drill program at the Lane Pond Gold Target this winter and aims to compile data from both deposits to identify additional untested porphyry targets for future drilling [6].