Core Viewpoint - Dixie Gold Inc. has commenced a summer 2025 drill program at the Preston Uranium Project JV, with a budget of approximately C$3,500,000, targeting multiple high-priority uranium sites [1][5][3] Group 1: Project Update - The drill program at the Preston Uranium Project JV is being managed by Orano Canada Inc. and is expected to cover 6,000m to 7,000m [1] - Dixie Gold holds a 21% interest in the Preston Uranium Project JV, which is anticipated to decline after the drill program [3] - The project area spans approximately 49,635 hectares, adjacent to NexGen Energy Ltd.'s Rook-1 project [1] Group 2: Financial Considerations - The planned all-in budget for the drill program is approximately C$3,500,000 [1] - The company aims to manage project-level dilution rather than company-level equity dilution to maintain shareholder value [3][9] - Future funding requirements are expected to exceed the company's current working capital, necessitating a reassessment of its interests in the Preston Uranium Project JV [5][9] Group 3: Exploration Strategy - Dixie Gold is focused on maintaining a portfolio of exploration interests that provide opportunities for shareholders [7] - The company is monitoring other regional activities, including results from Ramp Metals Inc. and Kinross Gold Corporation, which may influence future project decisions [10][14] - The management emphasizes a balanced approach to exploration and equity dilution, considering the high-risk nature of early-stage mineral exploration [20]

Core Viewpoint - Q2 Metals Corp. has commenced drilling at the Cisco Lithium Project in Quebec, aiming to enhance the understanding of the mineralized zone and build towards a mineral resource estimate [2][3][5]. Drilling Program - The 2025 Summer Program focuses on infill drilling along a 1.5 km mineralized strike length, with the first hole (CS-25-036) exceeding expectations by extending the known mineralized zone [3][5][6]. - Hole CS-25-036 was completed to a depth of 582.11 m, intersecting three additional spodumene pegmatite intervals, with the widest being 151.0 m [4][6]. Geological and Sampling Activities - A detailed mapping and sampling campaign covering the 41,253-hectare Cisco Project is ongoing, with 390 rock samples collected and results expected soon [15]. - Initial metallurgical testing is underway on composite samples from previous drill holes, exploring various separation methods to evaluate the mineralized zone's beneficiation [17]. Option Agreements - The company has successfully exercised option agreements for the Broadback and Ouagama claim groups, acquiring 100% interests in these areas [19][20]. - The Cisco claim group option agreement involves a total payment of $2,000,000 and the issuance of 40,000,000 common shares, with the first anniversary payment of $500,000 made [21]. Upcoming Events - Q2 Metals will attend the Fastmarkets 17 Lithium Supply and Battery Raw Materials Conference in Las Vegas from June 23-26, 2025 [23]. Company Overview - Q2 Metals is focused on the Cisco Lithium Project, which consists of 801 claims and has district-scale potential with an identified mineralized zone [27][28].

TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- Rocky Shore Gold Ltd. (the “Company”) (CSE: RSG) is pleased to announce that a fully permitted summer exploration program has begun at its 100% owned Gold Anchor Project in central Newfoundland, Canada. The program will focus on its recently discovered 6,000-metre-long Lane Pond Gold Target, which is strategically located along the prolific, gold-bearing Appleton Fault. The Appleton Fault is a major gold-bearing fault zone trending for greater than 150 kilometres i ...

Core Viewpoint - Mundoro Capital Inc. has commenced its summer drill program at the Borsko Project in Serbia, which is part of an option earn-in agreement with BHP in the Central Timok Magmatic Complex [1][2]. Group 1: Project Details - The Borsko Project spans approximately 40 square kilometers and is strategically located west of the established Bor Mine, within a highly prospective structural corridor of the Timok Magmatic Complex [2][3]. - Exploration has identified several key targets, including Target 1, which is a well-preserved alteration lithocap measuring approximately 1.6 km by 1 km, indicative of a nearby porphyry system [2]. - A new geophysical anomaly, the Borsko NW Target, has been identified and will be the focus of an initial 1,000-meter drill hole, with drilling expected to conclude in Q3-2025 [2]. Group 2: Regional Context - The Timok region is a well-known mining district with over a century of mining operations, hosting approximately 4 billion tonnes in porphyry systems across five known mines [3]. - The Timok Magmatic Complex contains some of the largest copper-gold porphyry deposits in the western Tethyan Belt, including notable mines such as Cukaru-Peki and the Bor Mining Complex [3]. Group 3: Company Overview - Mundoro Capital Inc. is publicly listed on the TSX-V in Canada and OTCQB in the USA, focusing on a portfolio of mineral properties primarily targeting base and precious metals [6]. - The company's strategy includes generating near-term cash payments and creating royalties from mineral properties optioned to partners, with a current focus on copper in Eastern Europe and the southwest USA [6].

Core Insights - Ridgeline Minerals Corp. has initiated its 2025 drill program at the Selena Carbonate Replacement project in Nevada, under a Phase 1 earn-in agreement with South32 Limited [1][11] - South32 has allocated a Year-2 exploration budget of $3,450,000 for drilling three deep core holes, totaling 4,500 meters, to target a significant Magnetotellurics anomaly at the Chinchilla Sulfide CRD target [2] Company Overview - Ridgeline Minerals is focused on precious and base metal exploration, with a portfolio of seven projects covering 200 square kilometers in Nevada [12] - The Selena project spans 39 square kilometers and is strategically located near the Butte Valley project, which has a $33 million earn-in agreement with Freeport-McMoRan [11] Project Details - The Selena project includes both shallow-oxide and deeper sulfide discoveries, indicating potential for high-grade CRD type mineralization [11] - The planned drilling will specifically target stratigraphic and structural horizons associated with the MT anomaly, which is interpreted as a key fluid conduit for the CRD system [2][6]

MONTRÉAL, June 20, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce the commencement of its maiden drilling program on the Timarighine property, located in the eastern Anti-Atlas region of Morocco. This follows a successful initial exploration phase which confirmed the presence of high-grade copper mineralization and a robust structural framework with potential for scale. Phase 1 Highlights The initial pha ...

Core Insights - Miata Metals Corp. has announced assay results from drill holes 10 to 12, continuing its exploration at the Golden Hand target within the Sela Creek project, which is part of a larger 10,000m drilling program [1][6] - The Golden Hand target is located within an 8km corridor of active and historic artisanal mining, with significant potential for further discoveries as less than 10% of the area has been drill-tested at depth [2][5] - The drilling campaign is providing valuable insights into the bedrock mineralogy, enhancing the understanding of structural controls, which will be applied to other high-priority targets [3][5] Drilling Results - The results from the three reported drill holes indicate potentially significant mineralized zones, with notable intercepts including: - 25DDH-SEL-010: 13.1m at 0.46 g/t Au from 38.0m, 24.2m at 0.24 g/t Au from 55.0m (including 2m at 1.32 g/t Au), and 25.5m at 0.36 g/t Au from 180.5m (including 2m at 2.35 g/t Au) [6] - 25DDH-SEL-011: 50.1m at 0.30 g/t Au from 52.9m (including 2.1m at 1.49 g/t Au) [6] - Assays for an additional five drill holes are pending, with hole 25DDH-SEL-017 currently being drilled to target the interpreted center of the Golden Hand [6][7] Structural Insights - The drilling at Golden Hand has refined the structural model, which is now being applied across the broader Sela Creek concession, indicating a significant zone of interest with shallow-dipping vein arrays [5][7] - The exploration is focused on both open-pit and underground mineralized systems, enhancing the potential for future mining operations [2][5] Company Overview - Miata Metals Corp. is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mineral properties, holding a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project, both located in Suriname [16]

VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce it has contracted Axiom Exploration Group Ltd. of Saskatoon, Saskatchewan, Canada (“Axiom”) to perform a helicopter-borne time-domain electromagnetic (“HTDEM”) survey on the McKenzie Lake Uranium Project (“McKenzie Lake”, or the “Project”). McKenzie Lake consists of five (5) mineral claims comprising a total area of 6,916 hect ...

Core Points - Canadian Gold Corp. plans a follow-up program on the newly discovered high-grade gold zone at Hammond Reef South, which returned surface samples of 35.4 g/t and 7.1 g/t gold [2][3] - The Hammond Reef South property was acquired in 2023 to enhance the company's mineral rights around major Canadian mines, with a mineralization stock work vein system identified [3][12] - The 2025 program will include surface work and a geophysical program to evaluate the gold system's extent and refine drilling targets [4] Company Strategy - The company aims to expand its high-grade gold resource at the Tartan Mine and holds interests in properties adjacent to significant gold mines in Canada [12] - A private placement offering of up to 859,375 flow-through common shares at $0.32 per share is planned to fund the program, potentially raising up to $275,000 [5][6] Geological Context - The Hammond Reef South property is located near Agnico Eagle's Hammond Reef Project, which has over 5 million ounces of gold in mineral resources [2][12] - The identified vein system has a minimum strike length of 80 meters and widths up to 20 meters, with significant gold grades reported from channel samples [3][4]

Core Viewpoint - Labrador Gold Corp. has initiated its 2025 exploration program at the Hopedale gold project in Labrador, focusing on the underexplored Florence Lake greenstone belt, which spans 43 km [1][13]. Exploration Focus - The exploration will concentrate on the Thurber Gold trend, a 3 km area with significant gold occurrences, defined by four notable gold sites and anomalous gold in surrounding rock and soil samples [2][5]. - Historical sampling has shown promising results, with values up to 32.3 g/t Au at Thurber North and channel sampling at TD500 returning values of up to 14.0 g/t Au over 0.61 m [3][4]. Survey and Mapping - A 33-line kilometre IP/Resistivity survey will be conducted to identify chargeability anomalies linked to gold mineralization, alongside detailed mapping and prospecting in the grid area [4][5]. - Systematic rock and soil sampling has identified 52 samples over 0.5 g/t Au, with 33 samples exceeding 1 g/t Au, aiming to define drill targets along the Thurber Gold trend [5]. Additional Discoveries - Recent discoveries in the Rusty Ridge area include gold at the Fire Ant occurrence and copper-silver at the Stone Fly occurrence, with initial sampling at Fire Ant returning values up to 106 g/t Au [5][6]. - Follow-up sampling in 2024 at Fire Ant yielded values of 9.35 g/t Au and 0.19 g/t Au with 10.8 g/t Ag [6]. Growth Strategy - Labrador Gold is actively pursuing additional gold projects with resource potential, having reviewed over 40 projects, focusing on Canadian opportunities based on geological potential and jurisdictional stability [6]. Financial Position - The company has approximately $18.1 million in cash, supporting its exploration and acquisition strategies [12].