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Parbec Prospecting Delivers Surface Gold Results Extending Diorite Splay Channel
Thenewswire· 2025-07-25 12:00
PICKERING, Ontario – TheNewswire - July 25, 2025 - Renforth Resources Inc. (CSE: RFR) (OTC: RFHRF) (FSE: 9RR) (“Renforth” or the “Company”), is pleased to advise shareholders of positive surface gold results obtained from recent prospecting at our wholly owned Parbec Gold Deposit Project in Malartic, Qc., extending a gold bearing channel on top of the 2025 MRE resource outline to 12m at a gold grade of 1.43 g/t on surface. This stage of work does not require intensive permitting or resource mobilization ...
Pampa Metals and Rugby Resources Complete Arrangement Transaction
Globenewswire· 2025-07-25 11:30
Core Viewpoint - Pampa Metals Corporation has successfully acquired Rugby Resources Ltd, enhancing its portfolio with significant copper exploration projects in South America, particularly the Cobrasco and Mantau projects [1][14]. Acquisition Details - The acquisition involved the issuance of 65,165,185 common shares of Pampa Metals to former Rugby shareholders at a ratio of one Pampa Share for every 6.4 Rugby Shares [1]. - Following the acquisition, former Rugby shareholders will hold approximately 30.86% of the issued and outstanding Pampa Shares [6]. Leadership Changes - Bryce Roxburgh, the outgoing President and CEO of Rugby, has been appointed to the board of directors of Pampa Metals while continuing as a director of Rugby [2]. Strategic Expansion - Pampa Metals aims to rapidly explore and advance its flagship Piuquenes copper-gold porphyry project in Argentina, recommence drilling at Rugby's Cobrasco copper-molybdenum discovery in Colombia, and assess the Mantau copper-gold prospect in Chile [7]. - The acquisition is expected to create substantial shareholder value by leveraging the high-grade Piuquenes project and the exploration potential of Cobrasco [5]. New Exploration Company - As part of the Arrangement, Rugby shareholders received shares in a new exploration company, Aegis Resources Ltd, which holds various assets including a 20% joint venture interest in the Cobrasco Project and other gold-silver projects [11]. Company Background - Pampa Metals is focused on copper-gold exploration in the Andean porphyry belts of Argentina and Colombia, with ongoing drilling activities at the Piuquenes project [13][14].
Sunstone Metals (STM) Earnings Call Presentation
2025-07-24 23:15
Project Overview - Sunstone Metals focuses on high-quality gold-copper assets, aiming for resource growth and scalable development[10] - The company's flagship assets are El Palmar and Bramaderos, both located in Ecuador[13, 14] El Palmar Project - El Palmar has an exploration target of 15 million to 45 million ounces of gold equivalent (AuEq)[17] - The project's maiden JORC resource is 1.2 million ounces of gold equivalent (AuEq)[17] - The exploration target ranges from 1 billion to 1.2 billion tonnes at a grade of 0.3 to 0.7 g/t gold and 0.1% to 0.3% copper[15] Bramaderos Project - Bramaderos has a maiden JORC resource of 2.7 million ounces of gold equivalent (AuEq)[17] - The exploration target is 7 million to 13 million ounces of gold equivalent (AuEq), including the resource[17] - Brama-Alba contains an initial mineral resource estimate of 156Mt at 0.53g/t AuEq[84] Ecuador's Advantages - Ecuador offers low mining input costs, providing a competitive advantage[34] - Hydro provides over 90% of the country's base energy load, enabling low-cost, low-carbon emission mining[35] - Mining exports from Ecuador reached $3.32 billion in 2023[120] Financials - Sunstone Metals has a market capitalization of A$92.4 million[75] - The company's enterprise value is A$90.1 million[75] - Sunstone Metals has cash and equities of A$4.0 million[75]
Sokoman Launches Exploration Reset: Deep Drill Holes at Moosehead, Copper/Gold Porphyry Potential at Crippleback Lake and New Drill Targets at Fleur de Lys
Newsfile· 2025-07-24 20:21
Sokoman Launches Exploration Reset: Deep Drill Holes at Moosehead, Copper/Gold Porphyry Potential at Crippleback Lake and New Drill Targets at Fleur de LysJuly 24, 2025 4:21 PM EDT | Source: Sokoman Minerals Corp.St. John's, Newfoundland and Labrador--(Newsfile Corp. - July 24, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide the following updates on its core properties in central/north-central Newfoundland: Moosehead, Crippleback and ...
Falcon Gold Intersects Gold-Bearing Quartz Vein System, Great Burnt Project
Newsfile· 2025-07-24 18:00
Core Viewpoint - Falcon Gold Corp. has reported encouraging results from its Phase I diamond drill program at the Great Burnt Project, confirming the presence of a widespread gold system despite initial setbacks with drilling contractors [2][5]. Project Overview - The Great Burnt Project is located in South-Central Newfoundland, strategically positioned between significant mineral discoveries, enhancing its prospectivity [3]. - The project area is characterized by silicic volcanic and sedimentary rocks known for hosting copper and gold mineralization, with regional structures acting as conduits for mineralizing fluids [4]. Phase I Drill Program - Key Results - The initial drill holes GB24-01 and GB24-02 did not reach the target horizon, but subsequent holes GB25-01 to GB25-03 successfully intersected a large alteration system with gold mineralized veins [5][6]. - The total drilling for GB25-01 to GB25-03 amounted to 524 meters, targeting a 250-meter strike length to a maximum depth of 140 meters [5]. - Notable results include: - GB25-01: Gold values ranging from 7 to 146 parts per billion (ppb) Au [9] - GB25-02: Gold values between 19 to 107 ppb Au [9] - GB25-03: A new zone of quartz veining yielding 137 ppb Au over 0.60 meters [9]. Project Logistics and Next Steps - Logistical challenges due to limited road access and heavy snowfall have impacted operations, prompting the company to pause further drilling to conduct induced polarization (IP) surveys and other geophysical studies [10][11]. - The company plans to invest in infrastructure improvements, including a fully serviced exploration camp and upgraded road access, to enhance project access and reduce operating costs [10][12]. - Future work will focus on detailed geophysics to clarify the structural framework and refine drill targets for an expanded Phase II drill program [11][13].
Vinland Completes Summer Fieldwork and Appoints Barry Sparkes as VP Exploration
Newsfile· 2025-07-24 16:32
Core Viewpoint - Vinland Lithium Inc. has successfully completed its summer exploration program at the Killick Lithium Project, focusing on lithium pegmatites in Newfoundland, and has appointed Barry Sparkes as the new VP of Exploration [1][2]. Exploration Program - The summer 2025 exploration program included prospecting, till sampling, geological mapping, and ground geophysical surveys [3][4]. - A total of 115 rock samples and 45 till samples were submitted for analysis, with a 60 line-kilometre ground magnetics survey conducted [4]. Project Background - The Killick Lithium Project was discovered in late-summer 2021, with significant lithium mineralization identified in multiple dykes [5][12]. - Notable drill results include 8.4 meters of 0.95% Li2O and 1.04% Li2O over 15.23 meters from different holes [5][13]. Recent Developments - The company has identified multiple spodumene-bearing pegmatite float samples in the Kraken South area, with assays returning up to 1.97% Li2O [7]. - The Hydra Cesium discovery has shown promising initial channel sample results, including 8.75% Cs2O over 1.2 meters [7][13]. Financial and Structural Information - Vinland is well-structured with approximately 10 million shares outstanding, with over 6 million held by insiders under a 36-month escrow provision [7]. - Piedmont Lithium Inc. has invested $2 million in Vinland, securing a 19.9% interest, and has the option to earn up to a 62.5% interest in Killick Lithium Inc. through further investment [7][10].
GoldQuest Announces Progress on 2025 Exploration Program in the Dominican Republic
Newsfile· 2025-07-24 13:00
GoldQuest Announces Progress on 2025 Exploration Program in the Dominican RepublicJuly 24, 2025 9:00 AM EDT | Source: GoldQuest Mining Corp.Vancouver, British Columbia--(Newsfile Corp. - July 24, 2025) - GoldQuest Mining Corp. (TSXV: GQC) ("GoldQuest" or the "Company") is pleased to announce the first progress on its 2025 Exploration Program.The Company continues to advance its dual-track strategy: the development of the Romero Project and a renewed focus on regional exploration within the Tir ...
Vortex Energy Receives Government Approval for Ambient Noise Tomography (ANT) Survey at Robinsons River Salt Project
Globenewswire· 2025-07-24 12:00
Core Points - Vortex Energy Corp. has received government approval to conduct an Ambient Noise Tomography (ANT) geophysical survey at the Robinsons River Salt Project [1][2] - The ANT survey aims to provide subsurface imaging to understand potential salt dome geometry and identify high-priority drill targets for future evaluation [2] - The Robinsons River Salt Project consists of 942 claims covering 23,500 hectares, located approximately 35 kilometers south of Stephenville, Newfoundland and Labrador [4] Company Overview - Vortex Energy Corp. is focused on the acquisition, exploration, and development of mineral properties in North America [4] - The company is also advancing its Fire Eye Uranium Property in the Athabasca Basin, known for its uranium deposits [4]
Dolly Varden Silver Increases Scope of 2025 Kitsault Valley Drill Program to 55,000 Meters, Adds Fifth Drill
Newsfile· 2025-07-24 12:00
Core Viewpoint - Dolly Varden Silver Corporation has expanded its 2025 drilling program from 35,000 meters to 55,000 meters, focusing on the Wolf vein extension and other exploration targets in the Kitsault Valley and Big Bulk Projects [1][2]. Drilling Program Expansion - The company has completed approximately 17,000 meters of drilling, prioritizing exploration targets at Moose, Chance, and Red Point Prospects [3]. - A fifth drill rig has been added to the project, with two rigs focused on the Wolf vein and two others at the Homestake Silver deposit [4]. Geological Work and Future Plans - The geological team has intensified fieldwork, including mapping and sampling of underexplored areas, covering a total of 100,000 hectares of prospective Hazelton formation rocks [5]. - This geological work aims to develop drill targets for late 2025 and 2026 exploration programs [5]. Drilling Strategy - The company is implementing a more precise drilling strategy by utilizing directional drilling, which allows for fewer total meters drilled while achieving the same number of mineralized intercepts [8]. - The estimated 55,000 meters includes re-drilled mother hole lengths, with actual new core expected to be around 41,000 meters [8]. Company Overview - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes the Dolly Varden and Homestake Ridge Projects, located in British Columbia's Golden Triangle [10][11]. - The Kitsault Valley Project is considered prospective for hosting further precious metal deposits and includes the Big Bulk property, which is prospective for copper and gold mineralization [11].
Brixton Metals Starts Drilling at the Catalyst Copper-Gold Porphyry Target with a Second Drill
Globenewswire· 2025-07-24 11:30
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it has begun drilling at the newly identified Catalyst Copper-Gold Porphyry Target at its wholly owned Thorn Project located in NW British Columbia, Canada. The Thorn Project is an underexplored copper-gold porphyry district with several large-scale exploration target areas identified. Drilling is ongoing at its Trapper Gold Target and ...