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Sun Summit Confirms the High-Grade Gold-Silver Potential of the Finn Zone: Drills 5.30 g/t Gold and 157.9 g/t Silver over 6.0 meters at the JD Project
TMX Newsfile· 2026-01-22 12:00
Core Insights - Sun Summit Minerals Corp. has reported promising assay results from its 2025 drilling at the Finn Zone of the JD Project, indicating significant gold-silver mineralization and setting the stage for a fully funded 10,000-meter drill program planned for 2026 [1][4]. Drill Results - Drill hole FZ-25-002 revealed a significant interval of near-surface gold-silver mineralization: 46.0 meters of 1.03 g/t gold and 44.9 g/t silver from 38.0 meters downhole, including high-grade sections of 6.0 meters at 5.30 g/t gold and 157.9 g/t silver [2][3]. - Additional high-grade intercepts were noted, such as 784 g/t silver with 6.79 g/t gold over 1.0 meter at 65.0 meters downhole, confirming the high-grade potential of the Finn Zone [3][13]. Future Exploration Plans - A significant drill program for 2026 is underway, focusing on the Creek to Finn Corridor, with results expected to contribute to an inaugural mineral resource estimate by Q2 2027 [4][12]. - The 2026 program will exceed the cumulative drilling completed in 2024 and 2025, which totaled 9,400 meters, and will build on the 36,000 meters of historical drilling prior to 2024 [4][12]. Geological Context - The Finn Zone is characterized by a broad zone of near-surface, epithermal-related gold-silver mineralization, primarily hosted in a volcaniclastic unit, which has been extensively drilled historically [9][10]. - The geology of the Finn Zone includes strongly altered polymictic breccias, indicating a complex mineralization environment that warrants further exploration [10][11]. Financial Position - The company has secured funding for its 2026 drill program through an oversubscribed private placement of $11.5 million, ensuring financial support for its exploration activities [4][12].
Aya Gold & Silver Provides Year-End 2025 Exploration Update
Globenewswire· 2026-01-21 12:00
Core Viewpoint - Aya Gold & Silver Inc. has reported significant exploration results for 2025, highlighting the potential for substantial high-grade silver and polymetallic resources at the Zgounder Silver Mine and Boumadine Project in Morocco, supported by extensive drilling and new permits [2][5][20]. Zgounder Mine Exploration - The exploration at Zgounder included over 175,000 meters of drilling, exceeding the target of 20,000–25,000 meters, confirming significant mineralization at depth and extending the open pit [5][10]. - Notable drill results include: - Hole DZG-SF-24-228: 3,794 g/t Ag over 10.0 m - Hole DZG-SF-24-412: 3,279 g/t Ag over 8.0 m, including 6,425 g/t Ag over 4.0 m - Hole ZG-RC-24-413: 1,001 g/t Ag over 28.0 m, including 2,787 g/t Ag over 7.0 m [5][10][11]. - The updated mineral resource estimate as of December 2025 shows: - Proven and Probable (P&P) Reserves: 73 million ounces (Moz) Ag at 145 g/t - Measured & Indicated Resources: 100 Moz Ag at 165 g/t, reflecting a 5% increase from the previous estimate [5][9]. Boumadine Exploration - Boumadine's exploration involved 569 drill holes totaling 150,325 meters, with significant mineralization confirmed, including: - BOU-MP25-087: 2,323 g/t AgEq over 15.0 m, including 3,858 g/t AgEq over 8.7 m - BOU-RC25-026: 3,336 g/t AgEq over 6.0 m, including 8,163 g/t AgEq over 2.0 m [20][25]. - The updated mineral resource estimate as of March 31, 2025, includes: - Indicated Mineral Resource: 5.2 million tonnes (Mt) at 91 g/t Ag, 2.78 g/t Au, 2.8% Zn, and 0.85% Pb, containing an estimated 15.1 Moz of Ag - Inferred Mineral Resource: 29.2 Mt at 82 g/t Ag, containing an estimated 76.8 Moz of Ag, reflecting a 120% increase from the prior estimate [22][25]. Additional Exploration and Future Plans - The company has added 16 new exploration permits, expanding the exploration footprint in Morocco to 378.8 km² for Zgounder and 340.74 km² for Boumadine [2][9][20]. - Future exploration plans include geological mapping, geochemical campaigns, and machine learning-based geoanalytics to identify new targets for 2026 [18][20].
A2 GOLD EXPANDS 2026 EASTSIDE DRILL PROGRAM TO 30,000 METRES
Prnewswire· 2026-01-20 14:15
Core Viewpoint - A2Gold Corp. has announced a significant expansion of its drilling program at the Eastside Gold Project, increasing the total planned drilling from 18,000 metres to 30,000 metres, marking the largest drill campaign in the company's history [1][2]. Company Overview - A2Gold Corp. operates three gold projects in Nevada, with the Eastside Gold-Silver Project being the flagship, which hosts a current inferred resource of 1.4 million ounces of gold and 8.8 million ounces of silver [4][7]. - The Eastside project covers a land package of 92 km² and includes multiple high-priority zones such as McIntosh and Castle [4]. Drilling Program Details - The expanded drilling program aims to advance and expand known mineralization in the McIntosh and Castle zones, with approximately two-thirds of the budget allocated to high-impact exploration for new mineralization zones [2]. - Target areas for exploration include the southern extensions of the McIntosh Zone and various geophysical targets in the Range and Pediment areas [2]. Management Insights - John Marma, Vice President of Exploration, expressed excitement about the 2026 exploration program, emphasizing the systematic approach to unlocking the potential of the Eastside project [2]. - CEO Peter Gianulis highlighted that the expansion of the drill program reflects confidence in the geological model and the project's potential, noting that the program is fully funded from existing cash resources, avoiding shareholder dilution [2]. Timeline and Expectations - Drilling is expected to commence within the next two weeks, with results to be released as they become available [2].
Daura Gold Announces Completion of 27 km of Induced Polarization Surveying and Advances Drill Target Definition at the Cerro Bayo Gold-Silver Project, Santa Cruz Province, Argentina
TMX Newsfile· 2026-01-20 13:30
Core Viewpoint - Daura Gold Corp. has successfully completed a significant geophysical survey at the Cerro Bayo Gold-Silver Project, which will aid in defining drill targets for an upcoming drilling program [1][2][4]. Project Highlights - The Induced Polarization (IP) profiling program covered 27 line-kilometers and identified 15 priority drill targets based on previous geochemical sampling and earlier surveys [5][6]. - The completion of seven Pole-Dipole IP survey lines has provided insights into potential mineralization across both northern and southern target areas [4][7]. Drilling Program - A Phase 1 drilling program is planned, consisting of approximately 1,500 meters across 22 diamond drill holes, targeting 15 identified drill sites [6]. - In the northern area, 8 drill targets will be tested with 8 holes for a total of 500 meters, while the southern area will see 7 targets tested with 14 holes for 1,000 meters [6]. Next Steps - In addition to the Q1 2026 drill program, the company has initiated a regional Gradient Array IP survey in the northern part of the license area to support the second phase of drilling [8]. Awareness Campaign - Daura Gold has entered into a service agreement with Resource Stock Digest to create and distribute reports, aiming to enhance awareness and interest in the company [9][11]. - The agreement is set for one year starting February 1, 2026, with a one-time fee of US$100,000, to be paid from the company's working capital [11]. Company Background - Daura Gold Corp. is listed on the TSX Venture Exchange and is actively exploring in Peru and Argentina, focusing on high-impact projects in the Ancash region of Peru and the Cerro Bayo/La Flora Project in Argentina [15][16].
Lara Exploration Announces Atlantica Results Confirm Potential 3km Strike Extension to Planalto Mineralization
TMX Newsfile· 2026-01-19 12:30
Core Insights - Lara Exploration Ltd. has provided an update on the Atlantica exploration license, indicating potential to extend the Planalto resource approximately 3 km southeast from the Silica Cap deposit [1] Exploration and Drilling Activities - Mineração Atlantica Ltda. completed five diamond drill holes totaling 1,754.20 meters from late 2020 to early 2021, with geological relogging and sample analysis data recovered [2] - A soil sampling survey in Q4-2025 identified three distinct anomalous copper zones trending NW-SE through the Atlantica license, with the strongest anomaly located along the granite-intermediate volcanics contact [3] - Resampling of drill cores is ongoing, with significant oxide copper intersections identified in holes DDATL21-002 and DDATL21-004, which coincide with copper soil anomalies [6] Drill Results - Significant copper intersections from the five drill holes include: - Hole DDATL21-002: 35.80 meters at 0.35% Cu from 3.2 meters down hole - Hole DDATL21-004: 17.00 meters at 0.25% Cu from the surface down hole [9] - The ongoing sampling aims to validate historical sampling and analysis data, with a focus on extensions of chalcopyrite zones [7][10] Project Overview - The Planalto Copper-Gold Project is anticipated to be developed as a conventional open pit mine, processing 8 million tons per annum, with an expected production of 560,000 tons (1.2 billion pounds) of copper and 111,000 ounces of gold over an 18-year mine life [13]
Athena Gold to Participate at Vancouver Resource Investment Conference 2026
Accessnewswire· 2026-01-19 12:00
Company Overview - Athena Gold Corporation is engaged in mineral exploration and acquisition of mineral property assets, focusing on developing economic precious and base metal properties across North America [2] - The company holds significant projects including the Laird Lake project in Ontario, covering over 7,000 hectares with recent surface sampling results showing up to 373 g/t Au [2] - Athena Gold also has the Excelsior Springs Project in Nevada, spanning over 2,500 hectares and covering at least three historic mines, currently under an earn-in option with Mammoth Minerals Limited [2] Industry Event - The Vancouver Resource Investment Conference (VRIC) is a key event in the junior mining investment sector in Canada, attracting over 5,000 mining investors annually [1] - The 2026 conference will feature over 120 expert speakers and a marketplace of over 300 investment opportunities in the mining industry, ranging from early-stage exploration to advanced producing mines [1]
Armory Mining Provides Corporate Update
Thenewswire· 2026-01-19 08:05
Core Insights - Armory Mining Corp. is focused on the exploration and development of minerals critical to the energy, security, and defense sectors, with updates on exploration activities scheduled through Q2 2026 [1] Group 1: Ammo Gold-Antimony Project - The company has engaged Castello Q Exploration Corp to conduct an initial phase one work program at its 100% owned Ammo Antimony-Gold project in Nova Scotia, Canada [2] - The Ammo project spans 3,092 hectares and is contiguous to the historical West Gore antimony-gold mine, which produced significant quantities of antimony and gold during World War I [3] - Historical production records indicate nearly 32,000 metric tons of output from 1914-1917, yielding over 7,000 metric tons of antimony concentrate with a grade of 46% and a total of 6,861 ounces of gold recovered [4] - The initial work program will include data compilation, prospecting, reconnaissance, detailed surface sampling, and geophysics, with a budget of up to $656,000 CAD for this phase [5][6] Group 2: Candela II Lithium Deposit - The company is advancing its Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina, with a scoping study underway to evaluate its technical viability and economic potential [9][10] - The Candela II project has an inferred resource of 457,000 tonnes of lithium carbonate in-situ, as estimated by WSP Australia [10] - The lithium carbonate price has increased by 30% since the start of the year, reaching a two-year high, highlighting the project's significance for the company [11] - The project is situated in the 'Lithium Triangle,' an area known for lithium production, with Ganfeng Lithium, Rio Tinto, and Power Minerals operating nearby [12] Group 3: Company Overview - Armory Mining Corp. holds an 80% interest in the Candela II lithium brine project and 100% interest in both the Ammo antimony-gold project and the Riley Creek antimony-gold project located in British Columbia [14]
Troubadour Resources Successfully Completes Phase 1 of the Multi-Phase Drill Program at Senneville Gold-Silver-Copper Property
Accessnewswire· 2026-01-19 07:00
Core Viewpoint - Troubadour Resources Inc. has successfully completed Phase 1 of its multi-phase drill program at the Senneville Gold-Silver-Copper property, focusing on high-grade gold mineralization and potential for further discoveries [1][2]. Property Overview - The Senneville property consists of 212 mineral claims covering approximately 119.5 km, located in the Val d'Or Mining Camp, which is known for its rich mineral deposits [4]. - The property is prospective for both orogenic gold and polymetallic VMS-style mineralization, situated between significant deposits such as Probe Gold's McKenzie Break and Novador projects [4]. Drilling Program Details - The drilling program targeted the Gustav Cere showing based on data from induced polarization surveys, with a focus on quartz-carbonate-tourmaline veins [2]. - A total of 7 drill holes were completed, totaling around 1,000 meters, primarily targeting near-surface mineralization [3]. - Historic drilling has revealed gold intervals up to 18.75 g/t over 0.85 meters, indicating the potential for further exploration in untested areas [2][7]. Future Exploration Plans - The multi-phase drill program is designed to include 75 drill holes across five promising target areas: Gustav Cere, Val Saint George, Contact, Vert Lake, and Milieu Lake Batholite [6][5]. - The program aims to test the continuity of mineralization along the Senneville Komatiite and explore possible parallel horizons [3]. Technical Oversight - The technical contents of the news release have been reviewed and approved by Babak V. Azar, a qualified person as defined by the National Instrument 43-101 [8].
Masivo Silver Advances Cerro Colorado Silver-Gold Project Toward Phase I Drilling
TMX Newsfile· 2026-01-15 19:01
Core Viewpoint - Masivo Silver Corp. is set to significantly ramp up operations at its Cerro Colorado Project in Sonora, Mexico, with preparations for a 1500 meters Phase I drill program underway [1][2]. Project Advancement Highlights and Ongoing Field Activities - The Phase I drill program aims to test priority targets identified through surface sampling, geological mapping, and historical data review, focusing on areas with strong potential for silver discovery [4]. - Current activities include rehabilitation of access routes, construction of drill pads, and site preparation necessary for drilling [2][11]. Historical Sampling Highlights and Geological Context - Historical records indicate high-grade silver and gold values from underground workings, with a notable sample from 1972 showing 2,200 g/t silver and 4.57 g/t gold [5]. - Another historical sample returned values of 1,840 g/t silver, 4.8 g/t gold, 3.06% copper, 4.5% lead, and 2.92% zinc [6]. - These historical samples, while selective, provide geological context and support the presence of a multi-metal mineralizing system [7]. Management Commentary - The President and CEO of Masivo Silver Corp. expressed excitement about launching the maiden drill program, emphasizing the geological potential based on historical sampling [8]. - The Senior Geologist highlighted the productive nature of the mineral system at Cerro Colorado, reinforcing confidence in the upcoming drill program [9]. Technical Oversight - The Phase I drill program will be supervised by experienced geologists, ensuring adherence to technical standards [12]. Stock Option Grant - The company has granted 2,550,000 stock options to directors, officers, and consultants, exercisable at $0.085 per share for five years [13]. Company Overview - Masivo Silver Corp. is a Canadian junior exploration company focused on gold, silver, copper, and base metal projects in Mexico and Nevada, with current projects including the Cerro Colorado Property and the Boston Mine Project [14].
Angkor Resources Advances Exploration On CZ Gold And Wild Boar Prospects, Andong Meas License, Cambodia
Thenewswire· 2026-01-15 13:50
Core Insights - Angkor Resources Corp. is initiating additional exploration on its CZ Gold target located in Ratanakiri Province, Cambodia, following previous announcements regarding the gold prospect [1][2] Exploration Activities - The CZ Gold Prospect is situated on a steep hill with a 47-metre underground incline, where artisanal miners have conducted shallow channel sampling [2] - A trenching, sampling, assay, and analysis program will be conducted, starting at the top of the exit area, with the trench expected to be 80 metres long [3][4] - Farmers will be compensated for any loss or damage to their crops during the exploration activities [3] Additional Prospects - Plans are underway for a drill program on the Wild Boar gold prospect, located 3 kilometers east of the CZ target, where trenching has revealed quartz veins and expanded the gold anomaly to 1.5 by 1.2 kilometers [7] Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [9] - The company holds two mineral exploration licenses in Cambodia, with multiple prospects in copper and gold [9] - Angkor's energy subsidiary, EnerCam Resources Cambodia Co. Ltd., has an onshore oil and gas license covering over 4095 square kilometers in Cambodia [10]