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C3 Metals Commences Drill Testing Multiple Epithermal Gold Targets at Super Block Project, Jamaica
Newsfile· 2025-06-03 11:44
Core Viewpoint - C3 Metals Inc. has initiated a 14-hole diamond drilling program totaling 2,500 meters at its Super Block Project in Jamaica, targeting multiple epithermal gold prospects, including the historically significant Pennants Gold Mine [1][2][3]. Company Overview - C3 Metals Inc. is a mineral exploration company focused on discovering and developing large copper and gold deposits, holding approximately 30,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [12]. - The company has identified 16 porphyry, 40 epithermal, and multiple volcanic redbed copper prospects over a 30km strike extent in Jamaica, holding a 50% interest in a joint venture with Geophysx Jamaica Ltd. [12]. Project Details - The Super Block Project features a 5km gold trend with the Pennants Gold Mine at its center, which produced approximately 16,000 gold ounces from 2002 to 2004 [5]. - Historical estimates indicate a non-compliant NI 43-101 resource of 75,500 tonnes at 20.4 g/t gold, with notable historical drill intersections including 1.7m at 430.0 g/t gold [5][20]. - The PEZ prospect shows a coherent gold anomaly measuring 1,500m by up to 190m wide, with soil sampling results indicating averages of 0.41 g/t gold over 60m [5][6]. - The DHZ prospect has a defined gold anomaly measuring 550m by up to 190m wide, with rock chip samples assaying up to 35.8 g/t gold at surface [6][5]. Drilling Program Insights - The initial drilling program aims to follow up on historical high-grade gold results and assess the extensions of gold anomalies to the northwest and southeast of the Pennants Mine [3][11]. - The company believes the gold system remains open in multiple directions and at depth, with the potential for multiple low to intermediate sulfidation systems [8][11]. Future Plans - C3 Metals is in a financial position to expand the drilling program beyond the initial 14-hole plan, depending on the results obtained [11].
ValOre Highlights Strategic Synergies and Near-Term Exploration Plans for the Combined Pedra Branca Gold and PGM Projects, Ceara State, Brazil
Globenewswire· 2025-06-03 11:00
Core Insights - ValOre Metals Corp. is advancing the Pedra Branca Gold and Platinum Group Metals Projects in Brazil, creating a 100,000-hectare precious metals district [1][2] Company Overview - ValOre Metals Corp. is a Canadian company focused on deploying capital and expertise in projects with substantial prior investment and high-value mineralization [10] - The company has a strong in-country team and a robust capital markets presence to support its operations in Brazil [2] Strategic Synergies - The combination of the Pedra Branca Gold and PGM projects is expected to create operational efficiencies and cost synergies through shared infrastructure and logistics [6] - ValOre's Brazilian exploration team has extensive experience in the region, having completed over 23,000 meters of drilling and developed a deep understanding of local geology [6][11] Exploration Plans - A comprehensive work program is planned for the second half of 2025, including data compilation, validation, and systematic relogging of drill cores [5][11] - The company aims to leverage AI-assisted mineral discovery platforms to transform data into actionable insights [6] Regulatory Engagement - ValOre has proactively engaged with local regulatory bodies SEMACE and ANM to facilitate a smooth permitting process and align with Brazil's environmental and mining frameworks [11]
Collective Mining Expands the Outcropping Portion of Apollo by Drilling High-Grade Tungsten, Copper, Gold and Silver Including 124 Metres at 3.03 g/t AuEq (0.66% WO3Eq) from Surface
Prnewswire· 2025-06-02 20:01
Core Insights - The company is currently operating nine drill rigs as part of a fully funded 70,000-metre drill program for 2025, with seven rigs at the Guayabales Project and two at the San Antonio Project [1][2] - The drilling program aims to expand the high-grade Ramp Zone and test new targets, with significant results already reported from recent drilling activities [4][13] Drilling Program Details - Approximately 123,000 metres of diamond drilling has been completed at the Guayabales Project, including 85,000 metres specifically at the Apollo system [2] - The company plans to mobilize two additional deep capacity rigs to the Guayabales Project to further explore the high-grade Ramp Zone [1][4] Mineralization Findings - Continuous high-grade tungsten has been found alongside copper, gold, and silver mineralization at the Apollo system, which is expected to enhance the project's economic viability [3][12] - Recent drilling results have shown significant intersections of high-grade mineralization, including: - 91.00 metres at 3.04 g/t AuEq from 56.15 metres down hole [7] - 124.00 metres at 3.03 g/t AuEq from surface [12] - The shallow drilling program at Apollo is over 50% complete, with results indicating high-grade gold, tungsten, copper, and silver mineralization [7][9] Future Plans and Objectives - The company aims to improve the overall grade of the Apollo system by systematically testing newly modeled high-grade sub-zones and expanding the Ramp Zone [6][13] - New grassroots targets, including the Knife and X, are set to be drilled soon, alongside ongoing work at the San Antonio project [4][13] Company Background - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration in Caldas, Colombia, with options to acquire 100% interests in two projects within an established mining camp [11][14] - The company was founded by a team that previously developed and sold Continental Gold Inc. for approximately $2 billion [11]
Azimut and KGHM Launch Exploration Campaign at Kukamas
Globenewswire· 2025-05-29 10:30
Core Viewpoint - Azimut Exploration Inc. has announced the commencement of a $3.6 million exploration program on the Kukamas Property, confirming high-grade Platinum Group Elements (PGE) at the Perseus Zone, which was discovered in 2024 [1][2][3]. Exploration Program - The exploration program will consist of two phases: detailed mapping and prospecting in Phase 1, followed by 4,000 meters of diamond drilling in Phase 2, planned for late summer [3][6]. - The primary goal is to build on the significant progress made in 2024, where five drill holes in the Perseus Zone yielded excellent results, indicating a high-grade nickel and PGE mineralized system [3][4]. Assay Results - Recent assay results from 30 selected high-grade nickel samples from the Perseus Zone show nickel grades ranging from 3.46% to 19.60% [5][10]. - The samples also revealed high palladium grades between 1.16 g/t and 12.15 g/t, and platinum grades up to 3.65 g/t, along with significant values for rare PGEs [8][10]. Property Overview - The Kukamas Property spans 337.8 square kilometers and includes 665 claims, with a cumulative strike length of 41 kilometers [9]. - The project is well-supported by infrastructure, including high-voltage power lines and proximity to the Trans-Taiga Road, enhancing its accessibility for exploration activities [9]. Partnership and Financials - Under an option agreement, KGHM International Ltd can acquire an initial 50% interest in the Kukamas Property by funding $5 million in work expenditures over four years [14]. - KGHM has a second option to earn an additional 20% interest by delivering a preliminary economic analysis and incurring at least $4.2 million in work expenditures over three years [14]. Company Background - Azimut is recognized as a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [15][16]. - The company is advancing multiple projects, including the Elmer Gold Project, which is at the resource stage, and the Galinée lithium discovery [16].
Dolly Varden Silver Commences 2025 Drill Program with Four Drill Rigs at the Kitsault Valley Project
Newsfile· 2025-05-28 12:00
Dolly Varden Silver Commences 2025 Drill Program with Four Drill Rigs at the Kitsault Valley Project May 28, 2025 8:00 AM EDT | Source: Dolly Varden Silver Corporation Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Dolly Varden Silver Corporation (TSXV: DV) (NYSE Amercian: DVS) (FSE: DVQ) (the "Company" or "Dolly Varden") is pleased to announce that the 2025 Exploration Drill Program focused on its 100% owned Kitsault Valley Project is underway. Two diamond drills commenced in early May at t ...
Intrepid Metals Intercepts 27.50% Copper, 10.15 gpt Gold, and 192 gpt Silver Over 0.55m in First Drill Hole of 2025 at Corral Copper
Newsfile· 2025-05-27 11:00
Intrepid Metals Intercepts 27.50% Copper, 10.15 gpt Gold, and 192 gpt Silver Over 0.55m in First Drill Hole of 2025 at Corral Copper May 27, 2025 7:00 AM EDT | Source: Intrepid Metals Corp. Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) ("Intrepid" or the "Company") is pleased to announce results from the first diamond drill hole of its 2025 exploration program at the Company's Corral Copper Property ("Corral" or the "Property") in Cochise Co ...
Q2 Metals Expands Major Lithium Zone at the Cisco Lithium Project: Hole 27 Drilled 179.6 Metres at 1.66% Li₂O, 58.0 Metres at 1.75% Li₂O, and 91.8 Metres at 1.81% Li₂O
Globenewswire· 2025-05-27 11:00
Highlights: Assay results from four (4) drill holes from the 2025 Winter Program at the Cisco Lithium Project with strong analytical results are reported herein, including: CS25-027: Three major intervals: 179.6 m at 1.66% Li2O; 58 m at 1.75% Li2O; and91.8 m at 1.81% Li2O. CS25-024A: Widest interval of 39.5 m at 1.16% Li2O.CS25-025: Widest interval of 29.0 m at 1.10% Li2O.CS25-026: Widest interval of 23.9 m at 1.46% Li2O. Assays for the 10 remaining drill holes from the winter program are pending. VANCOUVE ...
U.S. GoldMining Highlights Northern Exploration Targets at the Whistler Gold-Copper Project, Alaska
Prnewswire· 2025-05-27 10:00
Core Insights - The Whistler Gold-Copper Project, located in the West Susitna Mineral District of Alaska, has significant established mineral resources and potential for critical metals like antimony and tungsten [1][15] - The project encompasses three known mineral systems with existing gold-copper-silver deposits and over 25 additional exploration targets identified [1][4] - The exploration methodology includes advanced techniques such as magnetic survey data inversion modeling, which aids in identifying high-priority targets for systematic exploration [1][6] Exploration Potential - The geological analysis indicates a strong potential for resource growth based on successful field seasons in 2023 and 2024, with over 25 individual exploration targets identified [2][4] - The Whistler Orbit area is characterized by a porphyry cluster, which is a primary source of copper globally and can also yield significant amounts of gold, silver, and molybdenum [4][15] - Recent drilling results south of the Raintree West deposit revealed 138.0 meters at 0.99 g/t AuEq, indicating promising mineralization in previously unexplored areas [4][10] Geological Features - The Whistler-Raintree mineral system covers an area of approximately 5 x 5 km and includes multiple mapped porphyry intrusions [4][15] - The region's topography and geological cover necessitate the use of remote sensing techniques, such as airborne magnetic surveying, to explore for mineralization [3][5] - High magnetite concentrations in the area can be targeted for on-ground exploration, with 3D subsurface inversion modeling providing insights into the geometry of magnetic anomalies [6][7] Future Exploration Plans - The company is planning future exploration programs to test the highest-ranking targets identified, with potential activities expected to commence in the upcoming summer [4][11] - The exploration strategy aims to not only assess existing resources but also to build a pipeline of future potential resources for larger mining opportunities [11][15] - The Whistler Project encompasses a total land package of 53,700 acres, with existing deposits making up less than 1% of the total area [4][15]
Drilling Intersects 152.5 Metres Grading 0.46% Copper and 0.97 g/t Gold at Mount Polley
Globenewswire· 2025-05-22 22:06
Core Viewpoint - Imperial Metals Corporation reports promising initial diamond drill results from the Mount Polley 2025 exploration program, highlighting significant mineralization in the C2 Zone, particularly with a notable interval of 152.5 metres grading 0.46% copper and 0.97 g/t gold [1][6]. Group 1: Exploration Results - The C2 Zone, located south of the Cariboo Pit, shows gold values exceeding copper values, with much of the copper mineralization being oxidized, leading to lower recovery rates [2]. - The exploration program prioritizes the C2 Zone due to the recent increase in gold prices, aiming to fill gaps in historic drilling and target higher-grade zones at depth [2]. - Significant intercepts include: - Hole C2-25-116: 35.0 metres grading 0.31% copper and 0.62 g/t gold [3][4]. - Hole C2-25-117: 48.0 metres grading 0.41% copper and 1.10 g/t gold [5]. - Hole C2-25-118: 91.2 metres grading 0.53% copper and 1.10 g/t gold [5]. - Hole C2-25-121: 152.5 metres grading 0.46% copper and 0.97 g/t gold, including 85.0 metres grading 0.67% copper and 1.56 g/t gold [6]. Group 2: Company Overview - Imperial Metals is based in Vancouver and operates the Mount Polley mine, along with other properties including the Huckleberry mine and the Red Chris mine [10]. - The company holds a portfolio of 23 greenfield exploration properties in British Columbia, which have defined areas of mineralization and clear exploration potential [10].
Winshear Enters Earn-In Agreement on the Thunder Bay Gold Project, NW Ontario
Globenewswire· 2025-05-22 12:00
VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSXV: WINS) (‘Winshear’ or the ‘Company’) is pleased to announce that, subject to the approval of the TSX Venture Exchange (the ‘TSX-V’), it has entered into an agreement whereby the Company can earn a 100% interest in the 360km2 Thunder Bay Gold Project (‘TBGP’), located immediately Northeast of Thunder Bay (Map 1). Overview of the Thunder Bay Gold Project: Eastern extension of the Archaean age Shebandowan greenstone belt;Ve ...