Mineral Resource Estimate
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Canuc Begins Drilling at East Sudbury Project (ESP)
Newsfile· 2025-10-30 13:00
Core Insights - Canuc Resources Corporation has initiated a diamond core drilling program at its East Sudbury Project (ESP) to explore gold mineralization [1][6] - The company acquired 100% ownership of the ESP on May 8, 2025, and has since verified historical gold assay data, identifying multiple gold prospects [2][9] - The drilling program aims to provide infill data for previously identified gold zones, with the goal of calculating a maiden Mineral Resource Estimate for Gold Lens 1 [6][7] Company Overview - Canuc Resources Corporation is a junior resource company with a 100% interest in the East Sudbury Project, which spans 19,710 hectares and is located near the Sudbury Mining Camp [9] - The ESP includes the historical Scadding Gold Mine and is associated with critical and precious metal mineralization [9] - The company also holds a 100% interest in the San Javier Silver-Gold Project in Mexico and generates cash flow from natural gas production at its MidTex Energy Project in Texas [10][12] Drilling Program Details - The drilling program will focus on a well-defined zone of gold mineralization adjacent to the historical North Pit gold mine, with a mineralized zone measuring 80 m x 3 m x 100 m [3][4] - Historical assay results from the mineralized zone show a range from less than 1 g/t to highs of 735.51 g/t, with the best intersection reported at 36.27 g/t Au over 12.27 m [4][5] - A minimum of 15 drill holes are planned for this phase to gather fill-in information for areas not previously tested [4][6]
Pasofino Gold Announces Annual Meeting Results Shareholders Approve All Matters
Newsfile· 2025-10-29 14:44
Core Viewpoint - Pasofino Gold Limited announced that all proposals submitted to shareholders at its annual general and special meeting were approved, reflecting strong shareholder support with over 75% approval for each matter voted on [1][2]. Group 1: Meeting Results - Four matters were voted on and received greater than 75% approval, with approximately 83 million shares voted at the meeting [2]. - The company expressed gratitude to its shareholders for their continued support [2]. Group 2: Company Overview - Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the TSX Venture Exchange, owning 100% of the Dugbe Gold Project prior to the Government of Liberia's 10% carried interest [11]. - The Dugbe Gold Project spans 1,410 km² in southern Liberia and is located within the Birimian Supergroup, known for hosting significant West African gold deposits [4]. Group 3: Project Details - The Dugbe Gold Project has two identified deposits, Dugbe F and Tuzon, with a combined Mineral Resource Estimate of 3.3 million ounces (Moz) at an average grade of 1.37 g/t Au, and an additional 0.6 Moz in Inferred resources [5]. - A Definitive Feasibility Study completed in June 2022 led to a Mineral Reserve Estimate based on open-pit mining over a 14-year Life of Mine [6]. Group 4: Future Plans - The company is focusing on updating the feasibility study for the Dugbe Gold Project to support project financing efforts aimed at commencing construction in 2026 [10].
Gold Terra Announces Drill Targets Near Surface Along the Campbell Shear South of the Con Mine, Yellowknife, NWT
Accessnewswire· 2025-10-27 11:00
Contact Us Back to the Newsroom Gold Terra Announces Drill Targets Near Surface Along the Campbell Shear South of the Con Mine, Yellowknife, NWT Monday, 27 October 2025 07:00 AM Drill intersections quoted in this news release are from historical holes and are provided as support for exploration potential. The company has not verified the assay results which were prepared before the company entered into an agreement to acquire an interest in the property. Figure 1 - Yellorex Trend Drilling Targets Figure 2 - ...
G2 Goldfields Issues Corporate & Exploration Update
Globenewswire· 2025-10-27 10:00
Highlights of the maiden Preliminary Economic Assessment based on new updated gold mineral resource to be released in NovemberAnticipated completion of G3 Spin-Out in DecemberDrilling underway with several rigs testing multiple new high priority targetsVisible gold identified within two of five maiden drill holes in new border zone TORONTO, Oct. 27, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to provide a corporate update on advancing the Oko Gold ...
FireFly announces major high-grade copper and gold exploration breakthrough at Green Bay
Globenewswire· 2025-10-26 22:47
Core Insights - The Green Bay Copper-Gold Project in Canada is revealing an extremely high-grade core of copper and gold mineralization over a strike length of at least 800 meters, which remains open for further exploration [2][5][4] - Recent drilling results have shown significant intersections, including 43.6 meters at 7.6% copper equivalent (CuEq) and 15 meters at 16% CuEq, indicating a rich mineralized core that will impact the upcoming Mineral Resource Estimate [2][7][33] - The current Mineral Resource Estimate for Green Bay totals 24.4 million tons at 1.9% for 460,000 tons CuEq of Measured & Indicated Resources and 34.5 million tons at 2.0% for 690,000 tons CuEq of Inferred Resources [11][12] Drilling Results - Recent drilling has confirmed the presence of high-grade mineralization, with notable intersections such as 43.6 meters at 7.6% CuEq in hole MUG25-214, which includes an upper VMS zone grading 14.9 meters at 16.0% CuEq [2][33] - Additional significant intersections include 49.0 meters at 6.1% CuEq in hole MUG25-202 and 86.3 meters at 3.7% CuEq in hole MUG24-079, showcasing the potential for large-scale mining [2][6][11] - Infill drilling has also returned exceptional results, such as 4.1 meters at 17.4% CuEq and 16.0 meters at 13.5% CuEq, further confirming the high-grade nature of the mineralization [8][39] Exploration and Resource Conversion - Eight diamond rigs are currently operational, focusing on upgrading the existing Mineral Resource, extending known mineralization, and exploring new regional discoveries [2][19] - Regional exploration is actively underway, with drill rigs testing conductive geophysical anomalies in the central Green Bay leases, indicating ongoing efforts to expand the resource base [3][14] - The company is well-funded to accelerate its growth campaign and engineering studies following a recent equity raising [15]
Gold X2 Files Technical Report for the Huronian Gold Project
Newsfile· 2025-10-24 00:48
Core Viewpoint - Gold X2 Mining Inc. is advancing its proposed acquisition of Kesselrun Resources Ltd., which includes the high-grade Huronian Gold Project, enhancing its strategic position in the Shebandowan Greenstone Belt [1][6]. Company Overview - Gold X2 Mining Inc. is focused on acquiring and advancing primary gold assets in tier-one jurisdictions, with a significant investment of over $75 million in its flagship Moss Gold Project [11]. - Kesselrun Resources is a mineral exploration company based in Thunder Bay, Ontario, with a focus on property acquisitions and discoveries [9]. Transaction Details - The acquisition of Kesselrun will transfer ownership of the Huronian Gold Project and Bluffpoint Gold Project to Gold X2 upon completion [2][8]. - Kesselrun has obtained an interim court order to hold a special meeting for shareholder approval of the transaction [7]. - Completion of the transaction is subject to shareholder approval, final court approval, and TSX Venture acceptance [8]. Huronian Gold Project - The Huronian Gold Project consists of 293 contiguous mineral claims covering approximately 4,777 hectares and is located adjacent to Gold X2's Moss Gold Project [3][10]. - Kesselrun has secured an early exploration permit for the Huronian Gold Project, effective for three years [4]. Technical Report - A technical report titled "Technical Report, Geological Introduction to Gold X2 Mining Inc.'s Huronian Gold Project" has been filed, detailing the project's geological potential [2][5]. - The report was prepared by independent qualified persons and is available on SEDAR+ [5].
Scorpio Gold Files Technical Report Detailing Mineral Resource Estimate
Newsfile· 2025-10-23 22:40
Core Viewpoint - Scorpio Gold Corporation has filed an independent technical report detailing its maiden mineral resource estimate at the Manhattan District in Nevada, which includes both current and historical mineral estimates [1][2][4]. Group 1: Technical Report Details - The technical report is titled "Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada" with an effective date of June 4, 2025 [2]. - The report was prepared by a team of qualified professionals from various geological consulting firms [2]. - A copy of the technical report is available on Scorpio Gold's website and SEDAR+ profile [3]. Group 2: Maiden Mineral Resource Estimate (MRE) Highlights - The maiden mineral resource estimate includes 18,343,000 tonnes grading 1.26 g/t gold, totaling 740,000 ounces of contained gold in the inferred category [4][7]. - The historical mineral resource estimate covers several satellite deposits, comprising 1,652,325 tonnes grading 5.89 g/t gold, totaling 303,949 ounces of contained gold [4]. - The Manhattan District has historically produced approximately 700,000 ounces of gold from high-grade operations dating back to the late 1890s [4]. Group 3: Project Overview - The Manhattan District is located in the Walker Lane Trend of Nevada, approximately 20 kilometers south of the Round Mountain Gold Mine, which has produced over 15 million ounces of gold [4]. - Scorpio Gold holds a 100% interest in the Manhattan District, which spans approximately 4,780 hectares and includes the advanced exploration-stage Goldwedge Mine [9]. - The project presents significant resource potential with over 140,000 meters of historical drilling and valuable permitting and water rights [9].
Doubleview Gold Corp Announces 320-Meter Eastward Extension at the Hat Polymetallic Deposit, Expanding Mineralized Volume and Remaining Open
Newsfile· 2025-10-23 12:45
Core Insights - Doubleview Gold Corp has announced a significant 320-meter eastward extension of the mineralized system at the Hat Polymetallic Deposit, indicating that the deposit remains open in multiple directions and is expected to contribute to an upcoming Mineral Resource Estimate (MRE) [2][3][4] Exploration Program Highlights - The 2025 exploration program has completed over 10,200 meters of drilling across 14 holes, successfully extending the mineralization more than 320 meters to the east [3][5] - The ongoing drilling has confirmed strong continuity of mineralization, with every hole intersecting mineralization, supporting the geological model [6][5] - The revised MRE is anticipated to include the entire drill database up to hole H101, with stronger assay data expected to lead to a meaningful increase in resource estimates [6][5] Mineralization Characteristics - The Hat Deposit is characterized by a robust association of copper, gold, cobalt, and scandium, demonstrating significant tonnage potential and continuity of mineralization [5][4] - The deposit is positioned to become one of North America's largest critical-metal-bearing polymetallic deposits, with important amounts of gold, cobalt, and silver present [5][4] Future Outlook - The company anticipates releasing assay results from the recent drilling as soon as analytical data are validated and interpreted [7] - The ongoing support from long-term shareholders and institutional investors is crucial for advancing the company's strategic initiatives in the critical minerals sector [15]
Q-Gold Resources Files NI 43-101 Technical Report on Mineral Resource Estimate for the Quartz Mountain Gold Project
Globenewswire· 2025-10-23 11:30
TORONTO, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR) (“QGold” or the “Company”) announces details of the updated mineral resource estimate (“MRE” or “Mineral Resource Estimate”) set out in the technical report (the “Technical Report”) filed by the Company on October 20, 2025, respecting its Quartz Mountain property (“Quartz Mountain”), which forms a part of the Company's recently acquired wider Quartz Mountain Gold project (“Quartz Mountain Gold Project”), located in the historic Qua ...
Appia Begins Diamond Drilling to Extend and Delineate the Highgrade Mineralization at PCH Target IV in Goias State, Brazil and Announces Acceleration of 2024 Warrants
Newsfile· 2025-10-22 11:30
Core Points - Appia Rare Earths & Uranium Corp. has initiated a diamond drilling program at Target IV in Goiás State, Brazil, aiming to extend and delineate high-grade rare-earth elements (REE) mineralization [1][3] - The diamond drilling program will consist of at least 600 meters across three drill holes, each 200 meters deep, expected to be completed within approximately 25 days [3][4] - The company plans to update its Mineral Resource Estimate (MRE) following the completion of the current drilling programs, with an updated MRE anticipated by the end of Q1 2026 [4] Company Developments - The company has accelerated the expiry date of remaining common share purchase warrants, with 456,250 warrants already exercised and 12,150,000 remaining warrants set to expire if unexercised by November 19, 2025 [5][8] - Appia is involved in a transaction with Ultra Rare Earth Inc., which will acquire a 50% interest in Appia Brasil Rare Earths Mineracao Ltda, with closing scheduled for October 31, 2025 [9][10] - Ultra is required to invest US$2 million into a private placement, which will be used for general working capital [10] Technical Information - The high-grade mineralization previously discovered included 92,758 ppm or 9.28% Total Rare Earth Oxides (TREO) over 2 meters [3] - The company is also conducting drilling in the Ionic Clay zone with two auger drills, with assay results to be released after analysis [3][4] - The technical information has been reviewed by a Qualified Person as defined by National Instrument 43-101 [5]