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Azimut Drills 1.1% Sb over 51.5 metres, including 3.43% Sb and 2.37 g/t Au over 6.5 metres
Globenewswire· 2025-05-22 10:30
Core Viewpoint - Azimut Exploration Inc. has reported promising drilling results from its Wabamisk Property, confirming a significant antimony-gold discovery in the Fortin Zone, which is expected to lead to further exploration and drilling campaigns [1][2]. Drilling Program Details - The initial drilling plan of 5,000 metres was expanded to a total of 6,396 metres, comprising 51 diamond drill holes, concluding in late March 2025 [2]. - The drilling program aimed to follow up on previous surface discoveries in the Fortin Zone, with full results now available [3]. Antimony and Gold Grades - The price of antimony has surged to US$58,000 per tonne due to supply shortages, particularly from China [4]. - Among the 28 holes with antimony grades above 0.2% Sb, 15 also showed gold intervals exceeding 1.0 g/t Au, with 8 holes reporting grades above 4.0 g/t Au [5]. Geological Context - The Fortin Zone has a minimum strike length of 1.0 kilometre and an average thickness of approximately 25 metres for intervals grading above 0.2% Sb [6]. - The mineralized system is hosted in a subvertical feldspar porphyry intrusive sill, with significant mineralization occurring along its southern contact with metasedimentary rocks [9]. Antimony Supply Context - Antimony is classified as a critical mineral, with 90% of global production concentrated in three countries: China (60%), Tajikistan (17%), and Russia (13%) [8]. - China's export restrictions on antimony have heightened the risk of supply disruptions, potentially leading to further price increases [8]. Company Overview - Azimut Exploration Inc. is recognized for its extensive mineral exploration portfolio in Quebec, focusing on gold, copper, nickel, and lithium [15]. - The company is advancing multiple projects, including the Elmer Gold Project and the Galinée lithium discovery, alongside the Wabamisk project [16].
Aya Gold & Silver Reports High-Grade Silver Results at Depth and Identifies New Zgounder Regional Targets
Globenewswire· 2025-05-21 11:00
MONTREAL, May 21, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) ("Aya" or the "Corporation") is pleased to announce high-grade silver results from its ongoing drill program at the Zgounder Silver Mine. The Corporation has also identified multiple high-potential targets within the broader Zgounder Regional area in the Kingdom of Morocco. Highlights (all intersections are in core lengths) "Today's high-grade results — including hole ZG-SF-24-123 near the granite contact and DZG-SF-2 ...
Aventis Energy Provides Recent Exploration Insights at the Corvo Uranium Project
Globenewswire· 2025-05-20 12:00
The Corvo Uranium Project is prime real estate for a basement-hosted uranium discovery VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Aventis Energy. ("Aventis" or the "Company") (CSE: AVE | OTC: VBAMF), is pleased to provide a comprehensive summary of exploration insights and historical data gathered at its Corvo Uranium Project ("Corvo", or the "Project"). Highlights: Mandeep Parmar, Interim CEO of Aventis, commented: "The Corvo Project has many areas that need further investigation. We loo ...
Mithril Silver and Gold Returns 11.5m @ 8.61 g/t Gold, 57.6 g/t Silver from 44.5 Metres in Hole T2DH25-006 at Target 2 Area, Copalquin Property, Mexico
Newsfile· 2025-05-20 11:30
Core Insights - Mithril Silver and Gold Limited has reported high-grade drilling results from the Target 2 area in the Copalquin property, Mexico, indicating a significant discovery of gold and silver [1][2][4] Group 1: Drilling Results - The drill hole T2DH25-006 returned 11.5 meters at 8.61 g/t gold and 57.6 g/t silver from a depth of 44.5 meters, including 3.85 meters at 25.33 g/t gold and 128 g/t silver [2][16] - Follow-up drilling is planned approximately 80 meters down dip to further explore the mineralization [2] Group 2: Exploration Progress - Drilling at Target 2 (Las Brujas) has shown excellent results over a 200-meter strike length, confirming the presence of high-grade gold and silver within a broad, near-surface structure [2][4] - The first phase of drilling at El Peru, located 400 meters east of Las Brujas, has also indicated an extension of the mineralized footprint [5] Group 3: District Potential - The Copalquin district is characterized by over 1,000 meters of vertical relief between Target 2 and Target 5 across a 5 km area, highlighting its potential to host a large, multi-target mineralized system [5][8] - The district has a history of significant gold and silver occurrences, with rapid exploration success suggesting it is developing into a notable gold-silver district within the Sierra Madre Gold-Silver Trend [8][25] Group 4: Resource Expansion - Resource expansion efforts are underway at Target 1, with deep drilling at the El Refugio structure continuing to intercept the targeted zone [5][31] - The maiden JORC resource estimate for the district indicates a high-grade gold and silver resource potential, with significant opportunities for further resource growth [27][31]
PAN GLOBAL INTERSECTS 1.08 G/T GOLD OVER 46 METERS FROM NEAR SURFACE IN FIRST DRILLHOLE AT CÁRMENES PROJECT, SPAIN
Prnewswire· 2025-05-19 06:00
TSXV: PGZ   |   OTCQB: PGZFF   |   FRA: 2EU Confirms potential for significant new gold discovery at 100%-owned Cármenes Project, northern Spain Potential for additional discoveries in the large Cármenes Project area VANCOUVER, BC, May 19, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce significant near surface gold assay results in the first drillhole completed in the maiden drill campaign at the Company's 100%-owne ...
Ridgeline Minerals Provides Drill Program Updates for the Big Blue and Atlas Projects
Newsfile· 2025-05-15 12:00
Ridgeline Minerals Provides Drill Program Updates for the Big Blue and Atlas Projects May 15, 2025 8:00 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to provide updates for maiden drill programs at the Big Blue and Atlas exploration projects (Figure 1). Both projects are 100%-owned by the Company with no underlying work commitments or royalties. ...
Entrée Resources Announces Drill Results from Hugo North Extension, Including 260 Metres Grading 4.45% CuEq
Globenewswire· 2025-05-14 12:00
Core Viewpoint - Entrée Resources Ltd. has reported significant analytical results from drilling activities at the Hugo North Extension deposit, indicating strong copper and gold mineralization, which may enhance the investment potential of the Entrée/Oyu Tolgoi Joint Venture property in Mongolia [1][4]. Drilling Highlights - The surface drill hole EGD189B returned 552 meters grading 3.11% copper equivalent (CuEq), with a notable interval of 260 meters grading 4.45% CuEq [2][12]. - Underground drill holes UGD871 and UGD876 also showed promising results, with UGD876 returning 169.3 meters grading 3.21% CuEq, including 112 meters at 3.83% CuEq [8][14]. Analytical Results - The analytical results from the 2022 and 2024 drilling programs include one surface and six underground drill holes, with significant mineralized intervals summarized in Tables 1 and 2 [5][6]. - The underground drill holes targeted mineralization within the potential Lift 2 block cave, with several holes intersecting strong to moderate copper and gold mineralization [13][17]. Future Drilling Plans - The Entrée/Oyu Tolgoi JV Management Committee has approved continued drilling programs for 2025, including five surface drill holes totaling approximately 9,050 meters and 19 underground drill holes totaling around 8,329 meters [35]. - The regional drilling program will also include nine additional drill holes totaling approximately 8,520 meters across various prospects [35]. Development Updates - The Oyu Tolgoi Lift 1 underground mine ramp-up is on track, with expectations to become the world's fourth largest copper mine by 2030, targeting an average mined copper production of approximately 500,000 tonnes per annum between 2028 and 2036 [24]. - Development work on the Entrée/Oyu Tolgoi JV Property commenced in October 2024, with ongoing lateral development work [26]. Joint Venture and Licensing - The transfer of the Shivee Tolgoi and Javkhlant mining licenses to OTLLC is crucial for the continuation of development work, with the process currently under assessment by the Mongolian tax authority [27][28]. - The company is committed to converting its existing Joint Venture Agreement into a more effective agreement for the benefit of all stakeholders, including the State of Mongolia [29].
Harfang Makes New Gold Discovery and Drills 7.0 g/t Au Over 18.0 m at Sky Lake, Ontario
Globenewswire· 2025-05-14 11:00
MONTREAL, May 14, 2025 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (TSX.V: HAR) ("Harfang" or the "Company") is pleased to announce a new gold discovery and the first batch of results from the maiden 2025 winter diamond drill program ("Winter Drilling"). Winter Drilling focused on the Koval patented claims at its recently acquired and wholly owned Sky Lake Gold Project located in Ontario's Pickle Lake Gold District. The Company has discovered two high-grade mineralized zones in a kilometre-long shear zone. ...
Canadian Gold Corp. Tartan South Zone Continues to Hit: 140m Vertical Expansion Intersects 9.4 gpt Gold/ 3.3m
Newsfile· 2025-05-12 12:00
Canadian Gold Corp. Tartan South Zone Continues to Hit: 140m Vertical Expansion Intersects 9.4 gpt Gold/ 3.3m South Zone Now 310m (120%) Below 2017 Resource May 12, 2025 8:00 AM EDT | Source: Canadian Gold Corp. Flin Flon, Manitoba--(Newsfile Corp. - May 12, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce ongoing drill results from its Phase 4 drill program at the 100%- owned Tartan Mine, near Flin Flon, Manitoba. Drilling has successfully expanded the South ...
Labrador Gold Announces Resignation of Director Kai Hoffmann
Globenewswire· 2025-05-09 21:00
Company Overview - Labrador Gold Corp. is a Canadian mineral exploration company focused on acquiring and exploring gold projects in Eastern Canada [2] - The company currently has approximately $18.1 million in cash [2] - Labrador Gold has 170,009,979 common shares issued and outstanding, trading on the TSX Venture Exchange under the symbol LAB [5] Recent Developments - Kai Hoffmann has resigned as a director of the company, having been part of the Board of Directors since 2019 [1] - The company's President and CEO, Roger Moss, expressed gratitude for Hoffmann's contributions over the past six years [2] Exploration Projects - The Hopedale property covers much of the Florence Lake greenstone belt, which is 60 km long and has shown gold anomalies over a 3 km section [3] - Five gold occurrences have been identified along the trend, with four discovered by Labrador Gold [3] - Anomalous gold has also been found over approximately 40 km along the southern section of the greenstone belt, with potential for critical metals such as copper, nickel, and cobalt [3] Borden Lake Project - The Borden Lake project is located near Chapleau, Ontario, southeast of Newmont Corporation's Borden gold mine [4] - Past exploration identified two anomalous zones based on geochemistry and geophysics, with up to 48 gold grains found in till samples [4]