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BULGOLD Provides Exploration Update on the Lutila Gold Project
Globenewswire· 2025-12-12 12:15
TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) announces that it has now completed exploration diamond drilling on the Lutila Gold Project located in Central Slovakia. The Lutila exploration licence covers an area of 32.2km² and is prospective for quartz-adularia, low-sulfidation epithermal gold mineralisation. The Company completed two diamond drill holes as part of its exploration programme. One hole was drilled into the Horna Klapa target area which is l ...
Rokmaster Provides Update on Selkirk Project and Silver Mineralization Targets on other Projects
Prnewswire· 2025-12-12 08:30
Core Insights - Rokmaster Resources Corp. provides an update on its Selkirk Project and highlights the silver potential across its portfolio, indicating strong opportunities for exploration in southeastern British Columbia [1][7]. Selkirk Project - The Selkirk Project consists of three properties located north of Revelstoke, BC, which have shown positive results from geological mapping and sampling since 2021 [2]. - Field work on the Downie Gold Property confirmed a pyrrhotite-diopside-garnet skarn horizon with a strike length of approximately 2.0 km, revealing elevated tungsten and molybdenum results [2]. - The Downie Gold Property has an approved Multi-year Area Based exploration permit for drilling until October 2027 [2]. Keystone Property - The Keystone Property, located 10 kilometers south of the Downie Gold Property, has numerous occurrences of sphalerite and galena mineralization discovered during field work from 2021 to 2024 [3]. - This property also holds a MYAB exploration permit allowing for drilling until October 2027 [3]. Duncan Lake Project - The Duncan Lake Project features significant potential for silver mineralization, with historical mines producing high-grade silver up to 1,555 g/t Ag [5]. - Recent drilling north of the historic Duncan Mine intersected broad intervals of elevated silver concentrations, with results above the average for Kootenay Arc type Pb-Zn deposits [4]. - The No.3 to No.1 showings were trenched and channel sampled in 2025, returning high silver concentrations [4]. Big Copper Property - The Big Copper Property shows coincident copper and silver mineralization along a 4.5 km deformation zone, with soil sampling suggesting potential for galena and silver [6]. - This property may assist in identifying the core of a possible sedimentary Cu-Ag system [6]. Nechako Project - The Nechako Project contains several silver-rich epithermal vein occurrences, with assay results showing up to 614 g/t Ag over 1.2 m and 1,001 g/t Ag over 1.0 m [7]. Corporate Update - Michael Malana has been appointed as the new Chief Financial Officer, succeeding Dennis Cojuco, who served for over a decade [10][11]. - Malana brings over 20 years of international experience in financial management and corporate governance [12].
Providence Gold Mines Inc. La Dama de Oro Gold, Bulk Sample and Financing Update
Thenewswire· 2025-12-11 15:55
Core Insights - Providence Gold Mines Inc. has entered into an underground mining lease agreement with Easy Mining Company Ltd. to advance the La Dama de Oro gold-silver project [1][2][4] Company Developments - Easy Mining is recognized as an experienced underground mining contractor with operations in Canada and the U.S., and will manage mining, exploration, and processing activities at the La Dama de Oro property [2][4] - The lease allows Easy Mining to explore and mine within existing underground workings, with authorization to extract a 1,000-ton bulk sample over a twelve-month period [3][4] - Providence has closed a private placement, issuing 1,604,800 units for gross proceeds of $80,240, which will be used for general administration and sampling activities at the La Dama de Oro project [5][6] - A new non-brokered private placement of up to 2,000,000 units at a price of $0.05 per unit is also announced, aiming for gross proceeds of up to $100,000 [7] Financial Arrangements - Easy Mining will pay a 2% Net Smelter Royalty to Mohave Gold Mining and Exploration Inc., the property optionor [8] - Any gross proceeds from bulk sample mining will be shared equally between Easy Mining and Providence [8]
Belmont Resources Completes Relogging of 2008 Drill Core at Crackingstone Uranium Project, Saskatchewan
Thenewswire· 2025-12-11 15:30
Core Insights - Belmont Resources Inc. has announced the completion of a relogging and resampling program by Axiom Exploration Group Ltd. on drill core from the historic 2008 Crackingstone drill campaign at the Crackingstone Uranium Project [1][2] Summary by Sections Project Overview - The Crackingstone Uranium Project is 100% owned by Belmont and is located near Uranium City in northern Saskatchewan [1] - A total of 3,029.4 meters of drill core from twenty historical drill holes has been preserved and is in good condition for re-examination [2] Advancements and Objectives - Significant advancements in geological understanding and analytical methods for uranium and rare earth element (REE) mineralization have occurred since the original 2008 program [4] - The relogging program aims to modernize the understanding of the uranium system, utilizing techniques such as portable X-ray fluorescence (pXRF) and visible-near infrared spectroscopy (VNIR) [5][6] - The program will generate comprehensive geochemical datasets to better characterize uranium mineralization and evaluate potential REE mineralization within thorium-rich pegmatites [6] Future Plans - The results from the relogging program will support refined geological modeling and future drill-target planning, with a focus on defining strong drill targets for 2026 [5][6] - Drill samples have been sent to SRC Geoanalytical Laboratories in Saskatoon for analysis, and Belmont will provide updates once results are finalized [7][8] Company Background - Belmont Resources is a Canadian resource company with a diversified portfolio of discovery-stage assets, including projects in uranium, copper-gold, lithium, and gold [11]
Magna Terra Exposes Significant Copper Mineralization in Trenches at the Fossil Hill Zone, Rocky Brook Project, New Brunswick
Newsfile· 2025-12-11 13:00
Core Insights - Magna Terra Minerals Inc. has completed its trenching program at the Fossil Hill Zone of the Rocky Brook Project, revealing significant copper mineralization [1][9] - The project is strategically located near Canadian Copper Inc.'s Caribou Mill Complex, enhancing its potential for additional copper-rich deposits [9][10] Trenching Program Results - The trenching program targeted historical grab samples with high copper grades, including 16.65% and 13.84% copper and 0.64% cobalt [2] - Three trenches (T4, T7, and T8) were excavated, totaling 245 meters, with in situ copper mineralization observed in each trench, including a notable 40-meter zone in trench T8 [2][3] Geological Findings - The trenches exposed mafic volcanic and breccia rocks of the Armstrong Formation, with mineralization consisting of malachite, chalcopyrite, and native copper [3] - A total of 93 samples were collected, including 68 grab samples of bedrock and 14 channel samples, with mineralization observed over significant lengths in trenches T4 and T7 [3][4] Future Plans - Stripped sections of the trenches will remain exposed for further mapping and sampling in spring, with analytical results pending from ALS Canada Ltd. [4] - The company plans to advance multiple high-priority targets throughout the Rocky Brook Project in 2026, including areas near the Restigouche Property [9][10] Project Overview - The Rocky Brook Project covers 28,089 hectares and is one of the largest landholders in the Bathurst Mining Camp, known for its rich mineral deposits [10][11] - The project is adjacent to significant historical mining operations and has shown potential for polymetallic mineralization, including copper, cobalt, lead, zinc, gold, and silver [10][12]
Silver North's Veronica Property Yields 76.8% Lead with Previously Reported 2,860 g/t Silver Discovery at Betty Target
Thenewswire· 2025-12-11 12:30
Core Insights - Silver North Resources Ltd. has reported significant lead and silver assay results from the Veronica Property, part of the GDR Project in southern Yukon Territory, indicating potential for high-grade mineralization [1][2] Group 1: Exploration Results - The Lodge Showing yielded lead assay results of 76.8% and 9.6% from two silver-bearing samples, with silver concentrations of 2,860 g/t and 213 g/t respectively [1][2] - At the Cooper Showing, a silver-bearing sample returned 1.36% lead and 33.17 g/t silver [1] - The Betty Target, a 1 km by 1 km geochemical anomaly, remains open to the east and south, with lead concentrations ranging from 50 ppm to 8,850 ppm and silver from 1 ppm to 31.1 ppm [2] Group 2: Geological Context - Lead mineralization in the form of galena is a key component of Carbonate Replacement Deposit (CRD) style mineralization in the Silvertip District [2] - The exploration is targeting high-grade silver-lead-zinc mineralization similar to that found at the nearby Silvertip Mine, located approximately 12 km southwest of the Veronica claims [3] Group 3: Sample Analysis and Methodology - All samples were analyzed using four-acid digestion with ICP-MS finish, and gold analysis was conducted via fire assay [6] - Approximately 453 soil samples were collected and analyzed for various elements, including gold and silver, using standard ICP spectroscopy [7]
Apollo Silver Announces 2026 Exploration and Development Program for its U.S. based Calico Project
Globenewswire· 2025-12-11 12:00
Advancing one of the largest undeveloped primary silver assets in the U.S. in a rising silver and critical minerals market. VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO; OTCQB:APGOF; Frankfurt:6ZF) is pleased to announce details of its 2026 Exploration and Project Development Program (the “2026 Program”) at the Company’s Calico Silver Project (“Calico” or the “Project”) located in San Bernardino County, California. The 202 ...
American Eagle Extends South Zone Discovery by over 300 Metres; Returns 91 m of 1.53% CuEq Within 167 m of 1.06% CuEq
Newsfile· 2025-12-11 11:00
Core Insights - American Eagle Gold Corp. has reported significant expansion of the high-grade South Zone at its NAK copper-gold porphyry project in British Columbia, with recent drilling results indicating strong continuity and potential for further mineralization [1][3][23] Summary by Sections Drilling Results - Drill holes NAK25-57 and NAK25-52 have intersected substantial intervals of high-grade mineralization, extending the South Zone discovery to nearly 500 meters in an east-west direction [2][4] - NAK25-57 returned 167 meters of 1.06% Copper Equivalent (CuEq), including 91 meters of 1.53% CuEq, while NAK25-52 extended the high-grade discovery by over 200 meters to the east, returning 85 meters of 0.92% CuEq [4][10] Mineralization Characteristics - The mineralization in NAK25-57 shows a transition from moderate grades at surface to higher grades at depth, characterized by disseminated and vein-hosted chalcopyrite and bornite [7][9] - NAK25-52 also displayed similar characteristics, with high-grade intervals associated with mafic dyking and irregular bornite veining [11] Project Potential - The South Zone continues to demonstrate strong potential for a large, high-grade system that is open to expansion both at surface and at depth [4][23] - The ongoing drilling program, which has completed almost the entirety of the planned 30,000-meter drill program, is expected to further define the mineralization and its continuity [23][25] Company Overview - American Eagle Gold Corp. is well-positioned financially, with over $36 million in cash, supported by strategic investments from Teck Resources and South32 [24][25] - The NAK Project is located in a well-infrastructured area of British Columbia, enhancing its accessibility for further exploration and development [23]
Peloton Completes the Maiden Drilling Program at the North Elko Lithium Project, Nevada
Thenewswire· 2025-12-10 13:30
Core Insights - Peloton Minerals Corporation has successfully completed its maiden drilling program at the North Elko Lithium Project (NELP) in northeastern Nevada, confirming the presence of clay layers and achieving all program objectives [1][2][4] Drilling Program Details - The drilling program consisted of four holes totaling 1,825 feet, confirming clay layers to a vertical depth of at least 500 feet and across a widespread area with drill spacing of 7 by 3.5 kilometers [2][3] - Three holes reached a depth of 500 feet in clay-bearing material, while one hole was stopped at 325 feet after hitting basement rocks [3] Sample Analysis - Samples from the drill holes will undergo multi-element assay analysis to determine lithium presence and other critical minerals, with results expected by the end of January 2026 [4] - X-Ray Diffraction (XRD) analysis will also be conducted to understand mineralogy and check for zeolite minerals [4] Project Location and Size - NELP is located adjacent to a high-grade lithium deposit discovered in 2023 by Surge Battery Metals and covers an area of approximately 37 square kilometers (14.25 square miles) [5] Future Exploration Plans - Peloton holds two drilling permits for NELP and has 24 drill pad locations permitted for follow-on programs, with potential for more pads as exploration continues [6]
Greenridge Exploration Identifies Uranium Targets from Airborne Electromagnetic Survey at the McKenzie Lake Uranium Project in Northern Saskatchewan
Globenewswire· 2025-12-10 13:00
Core Insights - Greenridge Exploration Inc. has announced the results of a helicopter-borne time-domain electromagnetic survey conducted on the McKenzie Lake Uranium Project, which is located near the Athabasca Basin, an area known for uranium exploration [1][4][10] Survey Highlights - The 2025 survey covered 365 line-kilometers at 200-meter line spacing, marking the first deep-penetrating electromagnetic survey in the modern era of uranium exploration for the project [4] - The survey successfully identified a major north-south fault zone and discrete conductive zones, which may indicate potential uranium mineralization [4][6] CEO Statement - Russell Starr, CEO of Greenridge, emphasized that the survey results demonstrate the effectiveness of modern exploration tools in identifying new target areas, which will aid future exploration efforts [5] Exploration Goals - Greenridge plans to integrate the 2025 survey results with previous high-resolution magnetic and radiometric data to enhance surface exploration planning for 2026 [7] - The company aims to discover additional radioactive boulders and anomalies that could indicate an "up-ice" source for uranium mineralization [7] Project Background - The McKenzie Lake project is situated in a region with significant uranium mining history, including nearby mines such as Key Lake and McArthur River [10] - Recent discoveries in the area, including those by 92 Energy Limited and Baseload Energy Corp., highlight the potential for further uranium exploration [10] Company Overview - Greenridge Exploration Inc. is focused on mineral exploration, particularly in uranium, lithium, nickel, copper, and gold, with a portfolio covering approximately 274,420 hectares [13][14] - The company holds one of the largest uranium property portfolios in Canada, consisting of 13 projects and additional claims [14]