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Daura Gold discovers new mineralised zone at Antonella Project
Yahoo Finance· 2025-09-18 15:17
Core Viewpoint - Daura Gold has discovered a new high-grade mineralised zone at its Antonella Project in Ancash, Peru, indicating potential for further exploration and development in the area [1][4]. Group 1: Discovery Details - The newly identified vein is located approximately 1,500 meters from the main project area and has been exposed over a length of 30 meters [1][2]. - High-grade samples from the vein include 379 grams per tonne (g/t) silver and 0.38 g/t gold, as well as 346 g/t silver and 0.46 g/t gold [2]. - The vein also contains lead concentrations up to 1.44% and copper values ranging from 1,174 g/t to 1,240 g/t [2]. Group 2: Future Exploration Plans - Daura plans to conduct more comprehensive surface sampling to obtain certified assay results following the initial readings [3]. - The company intends to expand geological mapping and sampling across the Antonella concessions, which will include geophysical surveys using drone-assisted magnetometry [4][5]. - These efforts aim to better define mineralisation structures and inform future drill target definitions for upcoming exploration activities [5]. Group 3: Strategic Positioning - In July, Daura acquired five mineral concessions covering approximately 2,900 hectares in the Ancash Department, enhancing its strategic position around the Antonella Project and adjacent to Highlander Silver's San Luis project [5]. - Daura's president emphasized the continuous mineralised vein system's potential, linking Antonella with the Bonita project to the southeast [4].
Sitka Drills 235.9 Metres of 1.11 g/t Gold from Surface, Including 40.0 Metres of 2.01 g/t Gold and 10.0 Metres of 5.29 g/t Gold, Further Confirming a Near-Surface Higher-Grade Gold Zone at Its Rhosgobel Discovery, RC Gold Project, Yukon
Newsfile· 2025-09-18 09:00
Core Viewpoint - Sitka Gold Corp. has reported significant gold and tungsten mineralization results from its Rhosgobel discovery at the RC Gold Project in Yukon, confirming a high-grade near-surface gold zone with potential for further expansion [2][6][30]. Group 1: Gold Mineralization Results - Drill hole DDRCRG-25-010 returned 235.9 meters of 1.11 g/t gold, including 40.0 meters of 2.01 g/t gold and 10.0 meters of 5.29 g/t gold from surface, marking the best intercept to date from Rhosgobel [2][3][6]. - Drill hole DDRCRG-25-009 reported 118.0 meters of 1.09 g/t gold, including 14.0 meters of 3.34 g/t gold from surface [3][6]. - All 10 diamond drill holes completed in the Rhosgobel area have returned intercepts greater than 100 g*m (g/t Au*m) over a strike length of approximately 300 meters [2][3][6]. Group 2: Tungsten Mineralization Results - Significant tungsten mineralization has been identified at Rhosgobel, with intercepts including 75.50 meters of 0.132% WO3, 6.98 meters of 0.388% WO3, and 0.61 meters of 4.739% WO3 [4][18]. - The presence of tungsten as a by-product of gold production adds a compelling component to the Rhosgobel target, with further analytical procedures implemented to assess its economic significance [6][18]. Group 3: Drilling Progress and Future Plans - A total of 42 drill holes have been completed in 2025 at Rhosgobel, covering over 1.2 kilometers, with assays pending for an additional 32 holes [2][3][5]. - Approximately 32,000 meters of diamond drilling has been completed across the RC Gold Project this year, with results still pending for 62 drill holes [3][5][6]. - The Rhosgobel area remains open in all directions, indicating potential for further mineralization expansion [3][6].
Trident Resources Expands Inaugural Drill Program at Contact Lake Gold Project, Saskatchewan
Globenewswire· 2025-09-18 07:05
Core Viewpoint - Trident Resources Corp. is expanding its drill exploration program at the Contact Lake Project in Saskatchewan, increasing the total drilling from 5,000 meters to over 6,500 meters due to positive early indications of mineralization and cost-effective execution of the program [1][4][8] Drill Program Highlights - The drill program will now include approximately 1,500 additional meters, representing a 30% increase, with a total of 18-20 drill holes planned [1][8] - The program is fully funded with over C$11 million in treasury, allowing for continued exploration without financial constraints [1][8] - The focus of the additional drilling will be on extending known mineralization and discovering new zones both laterally and at depth [8] Geological Discussion - Numerous drill holes are designed to test the extension of gold mineralization between historical underground workings and the unmined BK3 Gold Zone, with successful intersections of the Bakos shear noted [5][6] - The drilling aims to discover gold mineralization at shallow depths and test for extensions of the Main Zone below historical workings [6][8] Marketing Agreement - The company has engaged Resource Stock Digest for a three-month advertising and marketing program, with a total upfront payment of USD $125,000 for two distinct programs [7][9] Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects, which host significant historical gold resources [12]
Latin Metals Provides Update on Esperanza Project, San Juan, Argentina
Globenewswire· 2025-09-17 12:30
Core Viewpoint - Latin Metals Inc. provides an update on its copper-gold projects, Esperanza and Huachi, in San Juan province, Argentina, highlighting significant progress and future plans for exploration and development [1][2][4]. Project Update - Moxico Resources has made substantial progress at the Esperanza project, expanding the known mineralization footprint and preparing for future drill testing [2]. - Geological mapping and systematic rock sampling have identified new copper mineralization in previously unexplored areas [2]. - Dr. Richard Sillitoe confirmed the presence of multi-phase mineralized intrusions, indicating potential extensions of mineralization [2]. Environmental and Social Initiatives - Moxico is advancing environmental and social works, including hydrological studies in partnership with Argentine research institutes [3]. - A social baseline study is being conducted in the Department of Jáchal, with local staff hired for logistics and environmental monitoring [3]. Financial and Agreement Updates - The underlying option agreement for the Esperanza project has been amended, removing the vendor's right to terminate due to project delays, with a new payment schedule established [5][7]. - Total payments to acquire a 100% interest in the Esperanza property amount to USD 2,306,000, with specific milestone payment dates outlined [5][6]. - Moxico has aligned its earn-in obligations with the amended terms, extending its drilling commitment into 2026, with a total of 15,000 meters of drilling planned for that year [8][10]. Company Overview - Latin Metals Inc. operates as a copper, gold, and silver exploration company in Peru and Argentina, utilizing a prospect generator model to minimize risk and maximize discovery potential [11].
Integral Metals Provides Update on 2025 Drilling Program at the KAP Project, Northwest Territories
Globenewswire· 2025-09-17 12:00
Core Insights - Integral Metals Corp. has reported promising results from its 2025 diamond drilling program at the KAP Project, indicating a better understanding of the mineralized system [1][4][5] Drilling Program Overview - The drilling program consisted of six drillholes totaling 843 metres, with three holes at the Main Showing area and three at the F96-05 zone [2][3] - At the Main Showing, KAP25-001 intersected 3.55 metres of strong sphalerite mineralization, confirming historical results [2] - The F96-05 area drilling confirmed the geometry of a major collapse breccia and extended mineralization northward, with KAP25-006 intercepting over 50 metres of semi-massive sphalerite [3] Mineralization Insights - The 2025 drilling program has expanded the known footprint of mineralization to the north of the Main Showing, with samples sent for geochemical analysis [4] - Preliminary observations suggest that the mineralized system at the Main Showing likely extends further than previously thought, indicating growth potential for the KAP Project [5] Company Background - Integral Metals is focused on mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to a domestic supply chain [7][8]
New Mineralised Structures Found at Ontenu NE, With Assay Results up to 3.85g/t Au, 1.2% Cu, 603g/t Ag in Rock Chips
Newsfile· 2025-09-17 11:30
Core Insights - South Pacific Metals Corp. has announced the discovery of new mineralized structures at the Ontenu NE prospect within its Osena Project, with assay results showing up to 3.85g/t Au, 1.2% Cu, and 603g/t Ag in rock chip samples [1][3][5] Exploration and Assay Results - The exploration at Ontenu NE has recently pivoted, leading to the identification of several new mineralized structures that may represent upper levels of epithermal Au-Cu veins [3] - High assay results include: - 3.95g/t Au, 1.2% Cu, and 603ppm Ag from one sample - 7.69g/t Au in a 10-30cm wide vein in a sheared conglomerate outcrop - 9.34g/t Au and 272g/t Ag in a creek float rock sample [5][10] - The mineralized structures are associated with a >600m long Au-As soil anomaly and several Au-As (+Cu) soil anomalies extending up to 1,200m long [5][10] Project Overview - The Osena Project covers 738 km² and is strategically located adjacent to K92 Mining's Kainantu Gold Mine, which is a significant gold-copper mining operation [10][13] - The Ontenu Prospect is part of a larger mineralized corridor extending over 40 km northeast across the Kainantu District, with potential for large-scale copper-gold porphyry and epithermal vein targets [10][13] Future Plans - The company plans to commence drilling within the next month, targeting the identified epithermal Au-Cu veins based on ongoing mapping and sampling results [3][5]
Nevada Lithium Announces Significant Amounts of Critical Minerals Rubidium and Cesium Within its Bonnie Claire Lithium Project
Globenewswire· 2025-09-17 11:00
Core Insights - Nevada Lithium Resources Inc. has identified significant rubidium and cesium mineralization in its Bonnie Claire lithium project, which could enhance the project's economic viability and contribute to the U.S. supply of critical minerals [1][3][4] Company Developments - The CEO of Nevada Lithium, Stephen Rentschler, highlighted that the presence of rubidium and cesium aligns with the U.S. Department of the Interior's Draft 2025 Critical Minerals List, potentially increasing the revenue from boron by-products identified in the Preliminary Economic Assessment (PEA) [2][4] - Initial analysis of the Pregnant Leach Solution (PLS) indicates that rubidium and cesium are recoverable, and the company is exploring various recovery options [3][20] Project Details - The Bonnie Claire project has a mine life of 61 years and a processing rate of nearly 3 million tonnes of ore annually, suggesting a substantial contribution to the U.S. domestic supply of critical minerals [3][28] - The project consists of two mineral deposits: an Upper Zone with moderate-grade lithium and boron, and a Lower Zone characterized by high-grade lithium and boron [5][6] Mineralization Findings - Significant cesium and rubidium mineralization was confirmed in all drill holes from the 2023 and 2024 drilling programs, with notable grades including 248 ppm Cs over 318.5 ft and 313 ppm Rb over 298.5 ft [9][10] - A strong positive correlation was found between cesium, rubidium, lithium, and boron grades, indicating potential for enhanced recovery and economic returns [12][13] Economic Assessment - The recently released PEA indicates an after-tax net present value of $6.829 billion at an 8% discount rate, based on lithium and boron pricing [28] - The company aims to optimize the lithium flowsheet while investigating recovery options for rubidium and cesium to further enhance project economics [20][32]
Delta Resources Commences Drilling at Shabaqua Zone and Eureka-South Extension, Initiates Regional Till Survey in the I-Zone Sector, Delta-1 Gold Property
Newsfile· 2025-09-17 11:00
Core Viewpoint - Delta Resources Limited has commenced Phase II of its 2025 drilling program at the Delta-1 Property, aiming to expand the Eureka Gold Discovery and assess additional high-grade gold targets [1][2][6]. Drilling Program Details - The drilling program will consist of a minimum of 13 holes totaling over 3,100 metres, focusing on priority satellite targets including the Shabaqua Zone and extensions of the Eureka Gold Deposit [2][5]. - The objective is to define additional higher-grade, near-surface gold ounces along strike and immediately south of the Eureka Gold Deposit, enhancing the project's economic potential [2][6]. Regional Till Survey - Delta has initiated the third phase of its 2024-2025 regional till sampling program, expanding geochemical coverage into the western portion of the Delta-1 land position, specifically in the I-Zone sector [3][7]. - This phase aims to identify new drill targets for the spring of 2026, with a focus on multiple gold occurrences and a significant Ni-Cu-PGE target [7]. Company Strategy and Future Outlook - The company is committed to maximizing field efficiency by conducting the till survey concurrently with drilling activities, taking advantage of the fall exploration window [7]. - Delta Resources is focused on unlocking the broader potential of its 297 square kilometre land package while advancing its flagship discovery [6][11].
Spark Energy Minerals Validates Priority Lithium and Gallium-REE Drill Targets at Arapaima Project in Brazil's Lithium Valley
Newsfile· 2025-09-17 07:10
Core Insights - Spark Energy Minerals Inc. has made significant progress at its Arapaima Project in Brazil's Lithium Valley, confirming high-priority lithium and gallium-rare earth element (REE) drill targets through recent exploration work [2][5][6] Exploration Progress - The company is advancing logistics, surface access agreements, and permitting for aggressive diamond drilling at three lithium targets: Cruzeta, Água Branca, and Grota do Maquém, as well as air-core and/or reverse circulation drilling at the emerging gallium-REE Caladão Target [3][6] - Exploration activities have identified three high-priority lithium targets where lithium is strongly correlated with pathfinder elements such as cesium, tin, and rubidium, typical of fertile lithium-cesium-tantalum pegmatites [6][9] - Surface sampling has outlined a 4,500-hectare zone over the Caladão Granite with anomalous gallium and REE values, adjacent to Axel REE's recently reported discovery [9][29] Geochemical Analysis - Lithium shows a strong association with manganese and has been remobilized from primary sources, indicating potential for lithium mineralization at depth [7][11] - Recent rock-chip samples from the Cruzeta target have returned cesium values above 50 ppm, with some reaching 267 ppm, reinforcing the focus on these targets [17][19] - All three priority targets returned K/Rb ratios under 150, with Cruzeta showing a notably low ratio below 20, indicating strong lithium prospectivity [25][27] Future Plans - The exploration team is preparing logistics and permitting to begin drilling at priority lithium and rare earth targets, marking a transformative step toward unlocking the full potential of the Arapaima Project [33]
Canadian Gold Resources to Conduct Induced Polarization Survey at Lac Arsenault Property
Newsfile· 2025-09-16 15:51
Core Viewpoint - Canadian Gold Resources Ltd. has engaged Geophysique TMC to conduct an induced polarization survey at its Lac Arsenault Property to enhance understanding of mineralized zones and identify high-priority drilling targets [1][2]. Group 1: Survey and Exploration - The IP survey aims to improve the understanding of the structures controlling three key mineralized zones: the Baker Vein, the Mersereau Vein, and the Type-4 Vein [2]. - The survey data will be integrated with existing exploration datasets, which include recent surface sampling results showing high grades of gold and silver, such as 28.9 g/t gold and 306 g/t silver [3]. - The results from mechanical trenching and sampling along the Baker and Mersereau veins have indicated very high grades, reinforcing the exploration focus on high-priority targets [4]. Group 2: Management Insights - The President & CEO of Canadian Gold stated that the initiation of the IP survey is a significant step in uncovering the value of the Lac Arsenault property and refining targets for the upcoming diamond drill program [5]. - The IP survey is a geophysical technique that measures electrical chargeability and resistivity, which can detect disseminated sulphide mineralization associated with gold and base metal systems [5]. Group 3: Project Background - The Lac Arsenault Property is located along the Grand Pabos Fault in Québec's Gaspé region, sharing geological characteristics with other prolific gold-bearing systems [6]. - The property hosts multiple high-grade, epithermal-style vein systems, including the Baker, Mersereau, and Dunning veins, with historical exploration outlining significant mineralization [7]. Group 4: Historical Resource Estimates - Historical resource estimates for the Lac Arsenault Property include 40,000 tonnes grading 15.43 g/t Au and 197 g/t Ag, and 199,580 tonnes grading 9.59 g/t Au [8]. - The company plans to conduct systematic drilling and verification sampling to confirm these historical grades and geometry [8]. Group 5: Company Overview - Canadian Gold Resources Ltd. is a junior exploration company with three high-grade gold properties totaling approximately 16,000 hectares in Québec's Gaspé Peninsula [9]. - The company's strategy focuses on unlocking the potential of historically explored assets through modern exploration and development [9].