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InZinc Reports Additional Results from Drilling Further Expanding Sedex Mineralization at Indy Project, Central BC
Newsfile· 2025-09-04 11:00
Core Insights - InZinc Mining Ltd. has reported successful results from additional drilling at its Indy Sedex project, extending the mineralization depth of the B-9 Zone to 120 meters below the surface [1][8] - The 2025 drilling campaign has increased the B-9 mineralized trend by over 40% to a total length of 700 meters, indicating significant potential for further exploration [1][7] Exploration Results - The principal mineralized horizon was intersected at 3.3% Zn, 0.3% Pb, and 2.6 g/t Ag over 4.2 meters from 121.4 meters downhole, demonstrating continuity of mineralization [8][14] - A second, shallower mineralized horizon was also identified, with results of 3.2% Zn, 0.4% Pb, and 2.6 g/t Ag over 3.2 meters from 86.6 meters downhole [8][14] - All 2025 drill holes across the 700-meter long B-9 trend reported mineralization above the cut-off grade [8][14] Project Overview - The Indy project covers an extensive area of 200 square kilometers and includes a 30-kilometer length of under-explored strata in central British Columbia [11] - The near-surface mineralization discovered at Indy is typical of worldwide Sedex deposits, which often include significant silver and critical minerals as by-products [11][20] - Drilling to date has tested only 10% of the prospective 7.5-kilometer Main Trend, indicating substantial room for further exploration [14] Additional Findings - High-grade massive sulphides were discovered in the northern area, with one hole returning 11.0% Zn, 2.3% Pb, and 27.1 g/t Ag over 3.0 meters [14] - The widest intersection to date averaged 3.3% Zn, 0.7% Pb, and 7.4 g/t Ag over 19.1 meters, including semi-massive sulphides [14]
Neotech Metals Commences Drilling at Hecla-Kilmer, Appoints Jared Galenzoski as Director
Newsfile· 2025-09-03 08:00
Core Viewpoint - Neotech Metals Corp. has commenced drilling at its Hecla-Kilmer rare earth project in Ontario, Canada, and appointed Jared Galenzoski as a new director, focusing on advancing the project towards a maiden resource estimate in 2026 [1][2][3]. Drilling and Project Development - The drilling program at Hecla-Kilmer is designed for up to 10,000 meters, targeting infill definition and proximal extensional targets within the Pike Zone [3]. - The objective is to advance towards a maiden resource estimate expected in 2026, alongside re-logging historic drill core and selective assaying of previously unsampled intervals [3]. Environmental and Community Engagement - Environmental baseline studies, including water sampling, will be conducted as part of the project’s responsible advancement and de-risking efforts [4]. - The company is committed to proactive community and Indigenous engagement to strengthen relationships with stakeholders in the region [4]. Project Updates - Samples from the recently completed drill program at the TREO Project in British Columbia are currently at the laboratory, with assay results pending [5]. Company Overview - Neotech Metals is a mineral exploration company focused on discovering and developing mineral resources in promising jurisdictions, emphasizing environmental stewardship and sustainable practices [6]. - The company has a diversified portfolio of rare earth element and rare metals projects, including the Hecla-Kilmer project, located 20 kilometers from the Otter Rapids hydroelectric power generation station [7][8].
Sixty North Gold Announces Mine Development Update
Newsfile· 2025-08-25 14:08
Core Viewpoint - Sixty North Gold Mining Ltd. is progressing towards operational readiness at the Mon Gold Mine, focusing on financing, development, and production plans while managing costs and operational strategies [1][10]. Expenditures - The company has invested a total of $6.2 million in the development of the Mon Gold Mine since 2017 [1]. - Direct operating costs during 2024 mining operations were $10,000 per day, equating to $143 per tonne of rock extracted [3]. Development - A total of 226 meters of development has been completed, accessing the A-Zone quartz veins, which historically yielded 15,000 tonnes of ore at a grade of 30 grams per tonne [2]. - The company plans to recover approximately 20,000 tonnes of the A-Zone vein using a mechanized rescue method to maximize extraction [5]. Plans - In 2026, the company plans to subdrift on both limbs of the A-Zone for a total of 137 meters, with extraction planned in four stopes [4]. - A 100 tonnes per day mill has been sourced for installation in spring 2026, with capital costs estimated at $1 million [6]. Labor and Operational Costs - Full production will require an increase in labor costs by 50% to around $15,000 per day, with consumables costs rising to nearly $5,000 per day [7]. Historical Context - The Mon Gold Mine previously extracted 15,000 ounces of gold from 15,000 tonnes of ore in the 1990s without a feasibility study [10].
District Receives Notice of Boliden's Termination of the Option Agreement on the Tomtebo and Stollberg Base Metal Properties
Newsfile· 2025-08-25 06:00
Core Viewpoint - District Metals Corp. has received notice from Boliden Mineral AB regarding the termination of the Option Agreement for the Tomtebo and Stollberg base metal properties, resulting in District retaining full ownership of the Tomtebo Property while Boliden retains the Stollberg Property [1][2]. Group 1: Option Agreement Details - The Option Agreement, signed in October 2023, allowed Boliden to earn up to an 85% interest in the Tomtebo Property by spending up to CAD$10 million over four years [2]. - Following Boliden's withdrawal, District will maintain a 100% interest in the Tomtebo Property, while Boliden will keep a 100% interest in the Stollberg Property [2]. Group 2: Company Statements - The CEO of District expressed disappointment over Boliden's decision but acknowledged the positive partnership and technical progress made during the collaboration [4]. - District remains optimistic about the exploration results at the now fully owned Tomtebo Property, highlighting advancements in understanding the mineralized systems and potential for discovering new high-grade mineralization [5]. Group 3: Technical Information - All scientific and technical information in the release has been prepared or approved by the President and CEO of District, who is a qualified person under National Instrument 43-101 [6]. - The Tomtebo Property is located in the Bergslagen Mining District, situated between the historical Falun Mine and Boliden's Garpenberg Mine, with a geological trend that shows similarities to other significant mines in the area [11].
Tower Resources Appoints André Gaumond as a Technical Advisor
Newsfile· 2025-08-18 11:30
Core Insights - Tower Resources Ltd. has appointed Mr. André Gaumond as a technical advisor, which is seen as a strategic move as the company transitions from exploration drilling to resource definition and M&A activities [1][3] - Mr. Gaumond brings extensive experience in the mining sector, having previously founded Virginia Gold Mines Inc. and held senior roles in various mining companies [2][3] - The company aims to optimize shareholder value through disciplined exploration and development at its Rabbit North project, leveraging Mr. Gaumond's expertise in geological data interpretation [3] Company Overview - Tower Resources is a Canadian mineral exploration company focused on discovering and advancing economic mineral projects in the Americas [4] - Key exploration assets include the Rabbit North gold and copper-gold project, which has already identified significant gold zones along a 1.2 km structural trend [4] - Other projects include the Nechako gold-silver project and the More Creek epithermal gold project, both located in British Columbia [4]
Tinka Receives Authorization to Commence a Drill Program at Silvia Gold-Copper Project
Newsfile· 2025-08-18 10:30
Core Viewpoint - Tinka Resources Limited has received authorization from the Peruvian Ministry of Energy and Mines to commence a drill program at its 100%-owned Silvia gold-copper property, marking a significant milestone for the company in its exploration efforts [1][2]. Group 1: Project Details - The Silvia property is located 100 km south of the Antamina copper mine and is considered a highly prospective target in a premier copper mining region [1]. - The property encompasses 10,906 hectares and includes three areas of mineralization (Areas A, B, and C) along a 4 km strike length [5]. - Initial trench sampling at Area A has shown promising results, with grades of up to 22 g/t Au and 12% Cu, and trench results indicating 46 meters at 1.9 g/t Au and 0.8% Cu [1][5]. Group 2: Exploration Plans - A diamond drill program of approximately 1,500 meters is planned for Q4 2025, contingent on securing adequate funding [2]. - The drill permit allows for up to 40 drill platforms covering approximately 4 km², approved by the General Directorate of Mining in August 2023 [8]. - An access agreement with the local community was signed and notarized in November 2024, facilitating the exploration process [8]. Group 3: Company Strategy - The authorization to drill at Silvia allows Tinka to diversify its exploration portfolio while continuing its strategic review of the Ayawilca zinc-tin project [2]. - The company has significantly upgraded the Silvia NW target since acquiring the property from BHP in 2021, which had not been drill tested prior to this [2].
Newly Discovered Polymetallic Zone at Green Monster Project Shifts Focus of Drilling and Exploration Plan
Newsfile· 2025-08-13 12:08
Core Viewpoint - Glenstar Minerals Inc. has discovered a new polymetallic zone at the Green Monster Project, prompting a shift in drilling and exploration plans following positive results from the recent drill program [1][3][6]. Exploration and Drilling Updates - The recent drill program in May 2025 revealed a robust polymetallic mineralization zone located 150 meters from the main target area, leading to a change in exploration focus [3][4]. - Hole GMST-4, initially intended to test a magnetic high, intersected a new zone approximately 10 meters wide with high-grade zinc (>30%) and significant assay results including 177 ppm silver (161.5 g/t), 523 ppm nickel, 91.9 ppm cobalt, and copper >0.36% [3][4][6]. - The mineralization was found at depths of approximately 131 to 142 meters within a complex rock unit disrupted by thrust faults, similar to the Eureka District in central Nevada [5][6]. Future Plans - Glenstar plans to expand the new hanging wall zone and test its continuation along strike and at depth in the upcoming Phase 2 exploration [6]. - The newly discovered zone significantly increases the target size of the project, indicating potential for further mineralization [6]. Project Background - The Green Monster Property consists of 35 federal lode claims covering around 700 acres in Clark County, Nevada, and has not seen drilling until the recent program [9][10]. - Initial groundwork in 2022 identified robust nickel-copper with highly anomalous cobalt, indicating several targets suitable for shallow drilling [9][10]. Marketing and Investor Relations - Glenstar has extended its marketing and investor awareness agreement with Altura Media Co. Inc. for CDN$150,000, aimed at enhancing visibility and engagement in domestic and foreign markets [11].
Talisker Receives Assay Results from 1075 Level Lateral Development at the Mustang Mine
Globenewswire· 2025-08-07 11:00
Core Viewpoint - Talisker Resources Ltd. has announced positive assay results from underground face sampling at the Mustang Mine, indicating strong continuity and high-grade mineralization in the Alhambra Vein [1][3]. Group 1: Assay Results - The assay results from the Alhambra Vein at the 1075 level show significant gold grades, including 60.5 g/t over 0.57m and 46.4 g/t over 0.46m [4]. - Additional notable results include 44.7 g/t over 0.66m and 38.7 g/t over 0.67m, further supporting the high-grade potential of the defined stopes between the 1075 and 1105 levels [4][3]. - The company expects to release further results from the 1060 and 1120 levels, potentially extending high-grade shoots vertically over 60m [3]. Group 2: Company Overview - Talisker Resources Ltd. is a junior resource company focused on gold exploration and development in British Columbia, Canada, with the Bralorne Gold Project as its flagship asset [8]. - The company is currently transitioning into underground production at the Mustang Mine, which is fully permitted and high-grade [8]. - Talisker also holds other projects, including the Ladner Gold Project and the Spences Bridge Project, which have significant exploration potential [8].
Zeb Nickel Project Successfully Completes SpectremPlus(TM) AEM Survey
Newsfile· 2025-07-31 14:16
Core Viewpoint - ZEB Nickel Corp. has successfully completed a high-powered SpectremPlus™ airborne electromagnetic survey over its Zeb Nickel Project in Limpopo Province, South Africa, marking a significant milestone for the company [1][4]. Group 1: Survey Details - The survey covered approximately 736 line-kilometers at a 150m traverse spacing, utilizing Spectrem's converted DC-3 turboprop platform equipped with the proprietary SpectremPlus™ system, capable of imaging conductive bodies to depths exceeding 700m [7]. - Final processed datasets, including 3-D inversion models and integrated geophysical interpretations, are expected by the end of August 2025 [7]. Group 2: Next Steps - The Spectrem Air team has initiated final processing, after which the company's geophysical consultant will interpret and integrate the data with recently acquired gravity and magnetic datasets [3]. - Geofocus will integrate geological, gravity, magnetic, and EM datasets into a unified 3D geophysical block model, with results and an updated technical program anticipated shortly after the final deliverables are received [3]. Group 3: Company Focus - ZEB Nickel Corp. is focused on exploring and developing world-class mineral deposits, particularly metals critical for rechargeable batteries, including nickel, graphite, lithium, cobalt, manganese, copper, and aluminum [5]. - The Zeb Nickel Project is a developing Class 1 nickel sulfide project strategically located in the Bushveld Complex in South Africa [5].
New Age Metals Genesis PGM-Cu-Ni Project, Alaska -- Exploration Update
Thenewswire· 2025-07-29 12:30
Core Insights - New Age Metals Inc. has completed its 2025 exploration program at the Genesis PGM-Cu-Ni Project, which is 100% owned by the company and located in southeast Alaska [1][2] Project Overview - The Genesis PGM-Cu-Ni Project is situated approximately 65 km south of Glenallen and 265 km east of Anchorage, covering an area of 4,144 hectares of State of Alaska mining claims [1][2] - The project is accessible via the all-season paved Richardson highway and a high-capacity electric power line [2] - The mineralization includes chromate-hosted Platinum Group Metals (PGM) with values up to 2.4 g/t for both palladium and platinum, and nickel-copper (Ni-Cu) bearing sulphide mineralization with values up to 0.96% Ni and 0.58% Cu [2] Exploration Program - In July 2025, the company engaged Alaska Earth Sciences (AES) to conduct detailed mapping, sampling, and prospecting at the Sheep Hill area, focusing on Copper anomalies identified in previous sediment samples [4] - The exploration program includes a six-day field operation with a team of four, utilizing ATV access along maintained trails [5] - Geological mapping will be conducted at scales of 1:1,000 and 1:2,000, with litho-geochemical sampling following a 100 m x 100 m grid [5] Mineralization Potential - Known PGM mineralization extends over a distance of 9 km across the prospect, with target areas that have never been drilled [3] - Reef-style mineralization has been identified in outcrop for 2,000 meters along strike, with a true thickness of 40 meters [2] Company Background - New Age Metals is focused on the discovery and development of critical green metal projects in North America, with divisions in Platinum Group Elements, Lithium/Rare Elements, and Antimony-Gold [9][10] - The company is actively seeking joint venture partners for its Genesis PGE-Cu-Ni Project and other projects [15]