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Integral Metals Announces Completion of High-Resolution Soil Sampling Program at the KAP Project
Globenewswire· 2025-06-12 12:00
Core Viewpoint - Integral Metals Corp. has successfully completed its Phase 2 high-resolution soil sampling program at the KAP Project, enhancing drill targeting for its 2025 exploration campaign [1][3]. Group 1: Exploration Program Details - The Phase 2 soil sampling program involved a 30-meter by 30-meter grid across the Main Zone, with samples collected from 2,021 unique sites, totaling 2,163 samples prepared for laboratory submission [2]. - Quality control measures included the insertion of certified reference materials at a ratio of 1 in 20 and field duplicates at a rate of 1 in 50 [2]. - The sampling grid was designed to systematically test the area surrounding the Main Zone, integrating results from previous fieldwork and known gravity anomalies [3]. Group 2: Company Objectives and Future Plans - The KAP Project is prospective for MVT-style lead-zinc mineralization enriched with gallium and germanium, which remains a core priority for the company in 2025 [3]. - The completion of the high-resolution program is considered a key milestone for the company's exploration season, expected to significantly improve geochemical targeting and drill planning [3]. Group 3: Company Background - Integral Metals Corp. is engaged in mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to the development of a domestic supply chain for these minerals [7]. - The company holds properties in mining-friendly jurisdictions in Canada and the United States, including the Northwest Territories, Manitoba, and Montana [7].
Lancaster Resources Inc. Expands Exploration in Quebec’s James Bay with Lac Iris Polymetallic Project Acquisition
Globenewswire· 2025-06-12 12:00
Core Viewpoint - Lancaster Resources Inc. has acquired a 100% interest in the Lac Iris Polymetallic Project in Quebec, enhancing its exploration portfolio in the James Bay region, which is known for significant mineral discoveries [1][3][7]. Acquisition Details - The Lac Iris Polymetallic Project spans approximately 1,443 hectares and is located 5 km south of notable discoveries by Power Metallic Inc. The property is adjacent to the Li-FT Power Ltd. Rupert Lithium Project and is situated along the same geological trend as the Whabouchi Lithium pegmatite deposit and the NISK polymetallic high-grade nickel-copper sulphide deposit [1][5][6]. - The acquisition complements Lancaster's existing option on the Trans-Taiga Project, also located in James Bay, and supports the company's strategy to diversify its exploration projects [7][11]. Strategic Importance - The James Bay region is emerging as a key area for polymetallic and lithium exploration in Canada, with the Whabouchi mine operated by Nemaska Lithium located just 11 km north of the Lac Iris Project [6][7]. - The acquisition is expected to unlock shareholder value and build on the momentum from previous acquisitions, including the Lake Cargelligo project in Australia [3][7]. Planned Activities - Lancaster plans to initiate an exploration campaign on the Lac Iris Property aimed at identifying polymetallic and lithium-rich areas, constructing detailed geological maps, and evaluating the high-value metals content through sampling [8]. Access and Infrastructure - The Lac Iris Property has year-round access via Route du Nord Road and is located approximately 43 km east of the airport and village of Nemiscau, QC, with hydroelectric transmission lines crossing the property [9].
Appia Plans to Resume Exploration at Alces Lake to Advance High-Priority REE Drill Targets
Newsfile· 2025-06-12 11:30
Core Viewpoint - Appia Rare Earths & Uranium Corp. is set to resume exploration activities at its Alces Lake project in Saskatchewan during summer 2025, following a preparatory program in 2024 focused on camp maintenance and land surveying [1][2]. Exploration Plans - The upcoming exploration program will utilize targets identified from a high-resolution Airborne Gravity Gradiometer (AGG) survey, which underwent advanced 3D processing in late 2024 [2][3]. - The summer 2025 phase will commence with Mobile Metal Ion (MMI) soil sampling and ground gravity surveys, aimed at testing potential REE-bearing zones from the surface to depths of 500 meters [2][4]. Strategic Focus - The exploration season's objective is to identify and prioritize compelling drill targets that could lead to larger sources of REE mineralization at Alces Lake [3]. - The program will integrate processed AGG geophysical data with new MMI soil sampling and gravity surveys to strategically focus the drill campaign on deeper potential [3][4]. Technical Approach - The goal is to identify geochemical anomalies that correlate with gravity-magnetic-radiometric-defined anomalies, which are indicators of monazite-hosted REE mineralization [4]. - Known showings like the WRCB and Magnet Ridge Zones will serve as models to guide the exploration tools [4]. Company Overview - Appia Rare Earths & Uranium Corp. is a publicly traded Canadian company engaged in the rare earth element and uranium sectors, holding rights to significant exploration areas in Saskatchewan and Brazil [8]. - The company has 153 million common shares outstanding and 177 million shares fully diluted [9].
Sandstorm Gold Royalties Portfolio Drilling and Exploration Highlights
Prnewswire· 2025-06-11 20:20
Group 1: Sandstorm Gold Ltd. Developments - Sandstorm Gold Ltd. is pleased to announce various developments and exploration highlights within its diversified stream and royalty portfolio [1] - The company holds a gold stream on the Santa Elena mine, allowing it to purchase 20% of the gold produced at Santa Elena for ongoing cash payments of $487 per ounce of gold [5] Group 2: First Majestic Silver Corp. Discoveries - First Majestic Silver Corp. has identified a significant gold-silver discovery on its Santa Elena property, specifically the Santo Niño vein, which has been traced over one kilometre along strike and 400 metres down-dip [2] - Exploration results from 14 drill intercepts at Santo Niño have returned significant gold and silver grades, with notable results including hole SE-25-15 intersecting 1.91 metres grading 8.38 g/t gold and 248 g/t silver [3] - The Santo Niño discovery complements ongoing success at the Navidad deposit, reinforcing Santa Elena's status as a prolific, district-scale system with substantial upside [4] Group 3: Lundin Gold Ltd. Drilling Program - Lundin Gold Ltd. has expanded its 2025 drilling program at the Fruta del Norte mine to at least 108,000 metres, marking the largest annual drill program ever completed on the land package [6] - High-grade intercepts from the conversion program at FDN South have confirmed the deposit's continuity and identified additional mineralized zones [7] - Sandstorm holds a 0.9% net smelter returns royalty on the precious metals produced at Fruta del Norte [11] Group 4: Entrée Resources Ltd. Drilling Results - Entrée Resources Ltd. has released additional analytical results from drilling on the Hugo North Extension at the Oyu Tolgoi mine, with highlights including a surface hole grading 2.30% copper and 1.45 g/t gold [12][13] - Sandstorm has a copper and precious metal stream with Entrée, allowing it to purchase 0.33% of the copper and 4.47% of the gold and silver produced at the HNE [15] Group 5: Awalé Resources Ltd. Drilling Campaign - Awalé Resources Ltd. is executing an 18,000-metre drill campaign at the Odienné project, with results confirming a broad gold-copper system extending over 1 kilometre of strike at the BBM Zone [19][20] - Sandstorm holds a 2.0% NSR royalty on the Odienné project [23] Group 6: Omai Gold Mines Corp. Drilling Results - Omai Gold Mines Corp. has completed 15,639 metres of drilling in 2025, surpassing the planned 15,000 metres, with results extending the known limits of gold mineralization at Wenot [24] - Sandstorm holds a 1.0% NSR royalty on the Omai gold mine [30] Group 7: Troilus Gold Corp. Drill Campaign - Troilus Gold Corp. released results from its 2025 drill campaign focused on identifying higher-grade mineralization within the Troilus project [31] - Sandstorm holds a 1.0% NSR royalty on the Troilus project [32]
Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon
Newsfile· 2025-06-11 12:30
Sitka Deepens Winter Drill Hole and Intersects 65.0 Metres of 2.00 g/t Gold, Including 6.3 Metres of 5.53 g/t Gold; Mobilizes Fourth Drill Rig to the Rhosgobel Target at Its RC Gold Project, Yukon June 11, 2025 8:30 AM EDT | Source: Sitka Gold Corp. Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQB: SITKF) ("Sitka" or the "Company") is pleased to announce initial assay results from its 2025 summer drill program currently underway at its 100% owned ...
Opus One Gold Obtains 4.10 G/T Gold Over 7.1 M From Hole No-25-13, At 550 Vertical Meters On Its Zone 1 Gold Discovery, Noyell Project
Globenewswire· 2025-06-10 12:30
2025 Drill hole location and parameters to date are as follows: 2025 WINTER DRILLING RESULTS TO DATE Hole NO-25-10a was drilled closer to surface to test the western extension of Zone 1. It returned a marginal value of 1.54 g/t Au over 2.2 m (true width of 1.54m) from 160.3 to 162.5 m. It also retuned an interval of 2.63 g/t Au over 3.2 m (true width of 2.29 m) from 175.2 to 178.4 m. Hole NO-25-11 was drilled 100 m above and to the west of the previous one to test the same possible extension of Zone 1. It a ...
Prospector Reports High-Grade Outcrop Results up to 156 g/t Au From the Bueno Target, ML Project, Yukon: Drilling Expected to Begin by end of June
Newsfile· 2025-06-10 11:30
Prospector Reports High-Grade Outcrop Results up to 156 g/t Au From the Bueno Target, ML Project, Yukon: Drilling Expected to Begin by end of JuneJune 10, 2025 7:30 AM EDT | Source: Prospector Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - June 10, 2025) - Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") announces results of 25 surface rock samples collected by Company geologists from the ML Project ("ML") in late May, 2025. The samples ...
Sable Reports Mineralized Hydrothermal Breccia Intercepts, Including 0.58% Cu, 0.3 g/t Au, 0.13% Mo over 20.0m within 109.6m @ 0.23% Cu, 0.15 g/t Au, 589 ppm Mo at the Pyros Porphyry System in San Juan Province, Argentina
Globenewswire· 2025-06-10 11:00
Core Insights - Sable Resources Ltd. announced positive drilling results from the Pyros porphyry system at the El Fierro Project in Argentina, indicating significant copper-gold-molybdenum mineralization [1][3][23] Drilling Highlights - Hole FZ-DH-25-92 reported 6.9m of 1.01% Cu, 0.35 g/t Au, and 258 ppm Mo within a broader intercept of 48.1m of 0.31% Cu, 0.094 g/t Au, and 82.5 ppm Mo [2][16] - Hole FZ-DH-25-76 showed 49.0m of 0.22% Cu, 0.11 g/t Au, and 108 ppm Mo within a broader intercept of 110.0m of 0.17% Cu, 0.07 g/t Au, and 113 ppm Mo [3][12][16] - Hole FZ-DH-25-68 encountered a significant blind magmatic-hydrothermal breccia, with mineralization yet to be fully defined [10][16] Geological Insights - The new mineralized intercepts are believed to be related to breccias and porphyry phases at the margins of a low-grade center, suggesting a larger mineralized porphyry breccia complex may exist [3][7] - The mineralization remains open in both north-south directions and to depth, indicating potential for further exploration [3][6] Future Exploration Plans - The company plans to expand exploration efforts along the nearly 4km of phyllic alteration that remains undrilled, following a better understanding of the system's geometry and ore controls [3][6] - A new drilling program is anticipated to commence in Q4 2025 [3][20] Partnership and Funding - The drilling campaign was funded by Moxico Resources plc, which has an option to earn up to 51% of the El Fierro Project through a series of commitments over five years [1][23]
Midnight Sun Appoints Adrian Karolko Vice President, Exploration
Newsfile· 2025-06-10 10:30
Company Overview - Midnight Sun Mining Corp. has appointed Adrian Karolko as Vice President of Exploration, enhancing its technical team [1][3] - The company is focused on exploring its flagship Solwezi Project in Zambia, located in the Zambia-Congo Copperbelt, a major copper-producing region [7] Key Appointments - Adrian Karolko brings over 18 years of mineral exploration experience across various commodities and jurisdictions, including a recent role in the Cangrejos gold-copper deposit project in Ecuador [2] - Al Fabbro, President & CEO, expressed enthusiasm for Karolko's return, highlighting his previous contributions to the Solwezi Project [3] - Robert Sibthorpe has stepped down as Vice President of Exploration and will serve as Chairman Emeritus, continuing to advise the technical team [4] Organizational Changes - Matt MacKenzie has been promoted from Vice President of Corporate Development to Executive Vice President, reflecting his senior role in the company [5] Stock Options - Midnight Sun has granted stock options to purchase 3,550,000 Common Shares at an exercise price of $0.60 per share, fully vested upon issuance and expiring in five years [6]
Walker Lane Resources Ltd. Receives TSX Approval for the Acquisition of Three Mineral Properties in the Walker Lane Gold Trend in Nevada from Silver Range Resources Ltd. and Auburn Gold
Globenewswire· 2025-06-09 19:17
Core Viewpoint - Walker Lane Resources Ltd. has received approval from the TSX Venture Exchange for option agreements on three mineral properties in the Walker Lane Gold Trend of western Nevada, indicating a strategic move to enhance its exploration portfolio [1][38]. Group 1: Tule Canyon Property - The Tule Canyon Property consists of 60 federal lode mining claims located in Esmeralda County, Nevada, identified as a high-grade gold and silver target with historical mining activity [3]. - Walker Lane has the option to acquire 80% of the Tule Canyon Property by paying a total of $480,000 over four years and completing 1,500 meters of diamond drilling by March 8, 2028 [4][5]. - A second option allows Walker Lane to acquire the remaining 20% by identifying a National Instrument 43-101 compliant measured or indicated resource by the end of 2033 [8]. Group 2: Cambridge Property - The Cambridge Property comprises 51 federal lode claims in Lyon County, Nevada, and Walker Lane has the option to acquire 75% for a total consideration of $460,000 over four years, along with $1,500,000 in exploration expenditures [14][15]. - The second option for Cambridge allows Walker Lane to acquire an additional 25% by making an additional payment of $75,000 and identifying a compliant resource by the end of 2033 [19]. Group 3: Silver Mountain Property - The Silver Mountain Property consists of 8 federal lode mining claims in Esmeralda County, Nevada, with Walker Lane having the option to acquire 100% for a total consideration of $200,000, payable in installments until 2035 [27][28]. - The option includes a requirement to complete 1,000 meters of drilling during the term [30]. Group 4: Strategic Importance of Walker Lane Area - The Walker Lane Gold Trend Area is noted for its rich mining history and potential for modern exploration, hosting significant deposits and offering attractive exploration targets at manageable costs [37]. - The area is recognized for its high-grade mineralization and favorable infrastructure, contributing to its ranking as the second most attractive mining investment location globally according to the 2023 Fraser Institute Mining Industry Survey [37].