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Plato Gold Announces Results of Drill Program at Lolita Project, Santa Cruz, Argentina
Globenewswire· 2025-09-12 11:30
Core Viewpoint - Plato Gold Corp. has announced the results of its drilling program at the Lolita Project in Santa Cruz, Argentina, revealing non-economic gold and silver values but significant anomalous pathfinder elements [1][4][11]. Drilling Program Summary - Drilling commenced in May and concluded by mid-June, totaling 1,585 meters across 12 holes, with lengths ranging from 74 to 242 meters [2]. - The program was completed within the projected budget [2]. Sample Results - Results from 299 samples, including quality control samples, have been reviewed and passed by the Qualified Person [3]. - Maximum values recorded in drill core include 15 parts per billion of gold and 5.8 parts per million of silver, with arsenic at 1,059 ppm, antimony at 230 ppm, mercury at 15 ppm, and sulfur at 1.7 percent [4]. Geological Findings - Drill holes at Panza and Corazon intersected silica veinlets and hydrothermal breccias within a specific stratigraphic unit of competent, felsic volcanic rock, possibly an ignimbrite [4]. - Anomalous mineralization appears to be stratigraphically controlled rather than influenced by steep structures, with significant volumes of alteration and mineralization lacking precious metals [6][7]. Anomalous Element Values - Selected anomalous pathfinder element values include: - Panza LO-25-003: 25.35 m interval with 395 ppm arsenic and 0.69% sulfur [8] - Panza LO-25-009: 37.90 m interval with 308 ppm arsenic and 0.66% sulfur [8] - Corazon LO-25-011: 37.30 m interval with 166 ppm arsenic and 0.42% sulfur [8] - Corazon LO-25-012: 45.00 m interval with 237 ppm arsenic and 0.64% sulfur [8] Future Considerations - The geological occurrence of these mineralization zones is atypical for the Deseado Massif, and the significance of these findings will be further studied by the company [11].
Plato Gold Announces Results of Drill Program at Lolita Project, Santa Cruz, Argentina
Globenewswire· 2025-09-12 11:30
Core Viewpoint - Plato Gold Corp. has announced the results of its drilling program at the Lolita Project in Santa Cruz, Argentina, revealing non-economic gold and silver values but significant anomalous pathfinder elements. Drilling Program Summary - Drilling commenced in May and was completed by mid-June, totaling 1,585 meters drilled across 12 holes, with lengths ranging from 74 to 242 meters [2] - The program was completed within the projected budget [2] Sample Results - Results from 299 samples, including quality control samples, have been reviewed and passed by the Qualified Person [3] - Maximum values recorded in drill core include 15 parts per billion of gold and 5.8 parts per million of silver, with arsenic at 1,059 ppm, antimony at 230 ppm, mercury at 15 ppm, and sulfur at 1.7 percent [4] Geological Findings - Drill holes at Panza and Corazon intersected silica veinlets and hydrothermal breccias within a specific stratigraphic unit of competent, felsic volcanic rock [4] - Anomalous mineralization appears to be stratigraphically controlled rather than by steep structures, with significant volumes of alteration and mineralization lacking precious metals [6][7] Anomalous Element Values - Selected anomalous pathfinder element values include: - Panza LO-25-003: 25.35m interval with 395 ppm arsenic and 0.69% sulfur [9] - Panza LO-25-009: 37.90m interval with 308 ppm arsenic and 0.66% sulfur [9] - Corazon LO-25-011: 37.30m interval with 166 ppm arsenic and 0.42% sulfur [9] - Corazon LO-25-012: 45.00m interval with 237 ppm arsenic and 0.64% sulfur [9] Future Considerations - The geological occurrence of mineralization zones with anomalous pathfinder elements is atypical for the Deseado Massif, and the significance of these findings will be further studied by the company [12]
REPEAT – Domestic Metals Provides Project Update for Ongoing Field Level Exploration at the Smart Creek Project
Globenewswire· 2025-09-12 11:30
Core Viewpoint - Domestic Metals Corp. is advancing exploration activities at the Smart Creek Project in Montana, focusing on identifying mineralization vectors for porphyry copper-gold and related carbonate replacement deposits, with drilling planned for late 2025 or early 2026 [1][2][3]. Exploration Update - Fieldwork including mapping, sampling, and prospecting is currently underway at the Smart Creek Project, targeting high-priority areas such as Smart Creek, Sunrise, and Radio Tower zones [1][3]. - The exploration program is systematic and is expected to last 40 days, aimed at identifying structural, lithological, alteration, and geochemical vectors towards mineralized centers [3]. Target Areas - The Smart Creek target is characterized by favorable geological formations and has shown promising mineralization at the surface, including copper oxides and porphyry-related mineralization [6]. - The Sunrise Mine has historical production of 12,500 ounces of gold and has been identified as a high-priority drill target due to the discovery of a gold mineralized porphyry intrusion nearby [7]. - The Radio Tower target exhibits a significant alteration footprint and is considered a stand-alone target for copper-gold-silver enriched mineralization [8]. Exploration Techniques - Novel exploration techniques are being employed, including carbon-oxygen isotope sampling, ultraviolet light imaging, and portable XRF analysis to enhance the identification of mineralization [4]. Company Overview - Domestic Metals Corp. is focused on discovering large-scale copper and gold deposits in historically significant mining areas across the Americas, leveraging an experienced management and technical team [9][10].
Lancaster Resources Appoints Veteran Explorer Ross Brown as VP, Exploration to Lead Lake Cargelligo Gold Project Amid Record Gold Prices
Globenewswire· 2025-09-12 11:00
Core Viewpoint - Lancaster Resources Inc. has appointed Ross Brown as Vice President of Exploration to lead the advancement of its Lake Cargelligo Gold Project in New South Wales, Australia, coinciding with record-high gold prices and strong investor interest in gold exploration [2][5]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on critical mineral and gold projects, holding a 100% interest in the Lake Cargelligo Gold Project, which spans over 28,768 hectares [12]. - The company also has assets in Canada, including the Lac Iris polymetallic project and options for other projects in Quebec and Saskatchewan [12]. Appointment of Ross Brown - Ross Brown is recognized as a discovery-focused leader with nearly four decades of experience in exploration across various regions, including Australia, Africa, and South America [4][6]. - His previous roles include founding and managing ASX-listed companies, such as Oklo Uranium and Inca Minerals, demonstrating a proven track record in advancing early-stage projects [4][10]. Exploration Strategy - The near-term exploration program at Lake Cargelligo will involve geological mapping, geochemistry, and updated geophysics to define drill targets and accelerate project advancement [5][10]. - Historical results from the project include high-grade findings, such as up to 204 g/t Au and 273 g/t Ag from rock chips, and 16m at 5.83 g/t Au and 7.20 g/t Ag from channel sampling [10].
Lancaster Resources Appoints Veteran Explorer Ross Brown as VP, Exploration to Lead Lake Cargelligo Gold Project Amid Record Gold Prices
Globenewswire· 2025-09-12 11:00
Core Viewpoint - Lancaster Resources Inc. has appointed Ross Brown as Vice President of Exploration to lead the development of the Lake Cargelligo Gold Project in New South Wales, Australia, coinciding with record-high gold prices and strong investor interest in gold exploration [1][2][5]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on critical mineral and gold projects, holding a 100% interest in the Lake Cargelligo gold project, which spans over 28,768 hectares [12]. - The company also has assets in Canada, including the Lac Iris polymetallic project and options for other projects in Quebec and Saskatchewan, providing exposure to various mineral exploration opportunities [12]. Appointment of Ross Brown - Ross Brown is recognized as a discovery-focused leader with nearly four decades of experience in exploration across multiple continents, including Australia, Africa, and South America [4][6]. - His previous roles include founding and managing ASX-listed companies, demonstrating a proven track record in advancing early-stage projects into significant exploration plays [4][10]. - The appointment is seen as a pivotal moment for Lancaster, with expectations that Brown's expertise will enhance the company's exploration efforts at Lake Cargelligo [5][10]. Exploration Plans - Lancaster's near-term exploration program at Lake Cargelligo will involve geological mapping, geochemistry, and updated geophysics to quickly define drill targets and expedite project advancement [5][10]. - Historical results from the project include high-grade findings, such as up to 204 g/t Au and 273 g/t Ag from rock chips, and 16m @ 5.83 g/t Au and 7.20 g/t Ag from channel sampling [10].
Domestic Metals Provides Project Update for Ongoing Field Level Exploration at the Smart Creek Project
Globenewswire· 2025-09-11 22:07
Core Viewpoint - Domestic Metals Corp. is advancing its exploration activities at the Smart Creek Project in Montana, focusing on identifying mineralization vectors for porphyry copper-gold and related carbonate replacement deposits, with drilling planned for late 2025 or early 2026 [1][2]. Exploration Update - Fieldwork at Smart Creek includes systematic mapping, sampling, and prospecting aimed at identifying structural, lithological, alteration, and geochemical vectors [3]. - The exploration program is currently a 40-day initiative designed to recognize potentially mineralized magmatic-hydrothermal centers [3]. Target Areas - High-priority target areas include Smart Creek, Sunrise Mine, and Radio Tower zones, which are being prepared for exploration drilling [1][2]. - Each target has significant potential for economic bulk tonnage copper-gold-silver mineralization based on geophysical and geochemical data [2]. Smart Creek Target - The Smart Creek target is characterized by favorable geological formations and has shown surface mineralization, including copper oxides and porphyry-related veins [6]. - Previous drilling results indicated 109.73 meters at 0.75% Cu and 18.74 g/t Ag, with increased porphyry vein density towards the northwest [6]. Sunrise Mine Target - The Sunrise Mine has historical production of 12,500 ounces of gold and has identified a gold mineralized porphyry intrusion nearby, suggesting a potential link to copper mineralization [7]. - The area has shown significant grades, including 4.22 g/t gold and 72.1 g/t silver from recent assessments [7]. Radio Tower Target - The Radio Tower target features a large alteration footprint and is associated with copper-in-soil responses, indicating its potential for CRD and porphyry mineralization [8]. - It is considered a stand-alone target due to its size and mineralization characteristics [8]. Company Overview - Domestic Metals Corp. focuses on discovering large-scale copper and gold deposits in historically significant mining areas across the Americas [9]. - The company is led by an experienced management and technical team with a successful track record in mining exploration and development [10].
Rockland Receives Exploration Permit For The Past Producing Cole Gold Mines Project In Red Lake, Ontario
Thenewswire· 2025-09-11 12:00
Core Insights - Rockland Resources has received an exploration permit from the Ontario Ministry of Northern Development and Mines for its Cole Gold Mines Project, allowing exploration activities for the next three years [1][2] - The Cole Gold Mines property is located in the Red Lake greenstone belt, known for its high-grade gold production, with historical output exceeding 30 million ounces [2][3] - Recent exploration efforts have identified new surface gold showings with assays of 57.7 g/t and 16.7 g/t Au, indicating potential for further drilling [6][7] Company Overview - Rockland Resources Ltd. specializes in critical minerals exploration, with a focus on beryllium in Utah and the Cole Gold Mines Project in Ontario [8] - The Cole Gold Mines property consists of 80 mining claims covering 1,438 hectares, situated within a historically productive gold region [3][8] Historical Context - The Shaft zone of the Cole Gold Mines property was previously worked in the 1930s, with an exploration shaft developed to 162 meters and modest high-grade gold production [4][5] - Kerr Addison Mines conducted drilling in the Shaft zone, yielding a historical resource estimate of 108,663 tonnes at a grade of 12.8 g/t Au, with mineralization remaining open at depth [5][7]
OceanaGold Announces Ongoing Exploration Success at Haile
Prnewswire· 2025-09-11 11:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Sept. 11, 2025 /PRNewswire/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to announce positive results from its exploration and resource conversion drilling programs at the Haile Gold Mine ("Haile") in the United States. Continue Reading Figure 1: Schematic cross section (looking northeast) showing Ledbetter mineralization with recent drill holes annotated. (CNW Group/OceanaGold Corporation) Drilling Highli ...
K92 Mining Announces Major Regional Exploration Update: Significant Expansion of Arakompa Deposit, Discovery of Porphyry-Style Mineralization from Arakompa Southernmost Step-Out, and Substantial 3.5 km by 3.5 km New Mineralized System Discovered at Wera
Globenewswire· 2025-09-11 10:30
VANCOUVER, British Columbia, Sept. 11, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its fifth set of drilling results consisting of 24 holes for total results of 67 holes released to date from its maiden surface diamond drill program at Arakompa, located approximately 4.5 km from the Kainantu Gold Mine Process Plant in Papua New Guinea. Additionally, K92 is pleased to report initial results from its maiden greenfields exploration program a ...
K92 Mining Announces Major Regional Exploration Update: Significant Expansion of Arakompa Deposit, Discovery of Porphyry-Style Mineralization from Arakompa Southernmost Step-Out, and Substantial 3.5 km by 3.5 km New Mineralized System Discovered at Wera
Globenewswire· 2025-09-11 10:30
Core Viewpoint - K92 Mining Inc. has announced significant drilling results from its Arakompa project and initial findings from its Wera prospect, indicating strong mineralization and potential for further exploration [1][4][5]. Group 1: Arakompa Project - The latest drilling results include 24 holes, bringing the total to 67 holes from the surface diamond drill program at Arakompa, located 4.5 km from the Kainantu Gold Mine Process Plant [1]. - Drillhole KARDD0065 revealed significant porphyry-style mineralization with 690.4 meters at 0.30% Copper Equivalent (CuEq), starting at 297.0 meters, including 395.3 meters at 0.38% CuEq starting at 349.7 meters [1][3]. - The bulk tonnage zone at Arakompa has been extended to approximately 1,100 meters in strike length and 800 meters in vertical depth, with an average true thickness of 39 meters, indicating strong near-surface bulk mining potential [1][4]. - Significant drill highlights include: - KARDD0061: 96.10 m at 2.64 g/t AuEq - KARDD0046: 62.20 m at 1.08 g/t AuEq - KARDD0067: 48.30 m at 1.34 g/t AuEq - KARDD0052: 75.40 m at 1.04 g/t AuEq - KARDD0041: 32.50 m at 1.73 g/t AuEq [1][4]. Group 2: Wera Prospect - The Wera prospect has been identified as a large 3.5 km by 3.5 km mineralized system located approximately 10 km southwest of the Kora and Judd deposits, with initial results from the maiden greenfields exploration program [1][4]. - High-grade rock chip samples from Wera include values such as 26.30 g/t Au, 25.06 g/t Au, and 23.97 g/t Au, indicating significant mineralization potential [6]. - The exploration at Wera is supported by the arrival of two new surface diamond drill rigs, enhancing the company's drilling capacity for future exploration [5][6]. Group 3: Future Exploration Plans - The company is ramping up exploration efforts with follow-up drilling at Arakompa and the initiation of drilling at Wera, targeting the newly discovered mineralized vein system [5][6]. - The exploration strategy aims to significantly increase drilling activities over the next two years, with a focus on both the Arakompa and Wera projects [5][6].