Mineral Resource Estimate
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Neotech Metals Corp Completes Hecla-Kilmer Resource Definition Drill Campaign
Newsfile· 2025-11-24 09:00
Core Insights - Neotech Metals Corp. has successfully completed its 2025 resource definition and delineation drill campaign at the Hecla-Kilmer Rare Earth Project in Ontario, Canada, alongside ongoing environmental and community relations programs [1][6]. Drilling Campaign - The 2025 drill program involved approximately 8,000 meters of new drilling, with core samples currently being logged, sampled, and processed on-site, with assay results expected soon [2][4]. - Nearly 2,000 meters of historical drill core have been submitted for comprehensive rare earth element analysis, which will enhance the geological dataset for the maiden Mineral Resource Estimate planned for 2026 [3]. Project Objectives - The drill campaign aimed to infill, expand, and refine the boundaries of rare earth element mineralization at Hecla-Kilmer, guided by updated 3D geological and geophysical models, to confirm continuity of mineralization across key zones [4]. Environmental and Indigenous Engagement - Neotech has initiated a baseline environmental water sampling program to support ongoing environmental understanding and future permitting activities [6]. - The company is actively engaging with Indigenous Nations through regular dialogue and collaborative planning, integrating Indigenous knowledge into its ESG approach [8]. Strategic Outlook - The CEO of Neotech Metals expressed confidence in the uniqueness and scalability of the Hecla-Kilmer geological system, anticipating a steady stream of assays and technical updates to support the path toward the maiden resource estimate [9].
Trident Resources Corp. Announces Updated Mineral Resource Estimates for Four La Ronge Gold Belt Deposits in Northern Saskatchewan, Canada
Globenewswire· 2025-11-24 08:15
Core Insights - Trident Resources Corp. has announced significant updates to its Mineral Resource Estimates for its gold deposits, showing an 18% increase in Indicated gold ounces and a 190% increase in Inferred gold ounces compared to previous estimates [1][5][30] Mineral Resource Estimates - The updated Indicated gold ounces total 896,500, while Inferred gold ounces total 1,129,600 across four deposits: Preview SW, Preview North, North Lake, and Greywacke [1][5] - The effective date of the updated Mineral Resource Estimate is November 6, 2025 [1][9] - The estimates reflect a higher gold price assumption of US$2,600 per ounce, compared to previous estimates which were based on US$1,500 to US$1,700 per ounce [5][9] CEO Commentary - The CEO emphasized the company's vision to create a significant gold exploration entity in Saskatchewan, highlighting the updated estimates as a confirmation of the quality and potential of the deposits [3][30] - The company is positioned for further growth with strong funding and an ambitious exploration program planned [3][30] Exploration Potential - Trident is actively exploring the Contact Lake project, which was a former producing gold mine, and recent drilling results suggest the presence of a robust gold-mineralized system [3][5] - The company aims to expand its resource totals through ongoing exploration efforts [3][5] Detailed Resource Breakdown - The Indicated resources for each deposit are as follows: - North Lake: 469,700 ounces at 0.890 g/t - Preview SW: 314,700 ounces at 1.537 g/t - Preview North: 40,800 ounces at 1.359 g/t - Greywacke: 71,400 ounces at 2.174 g/t [6][12][14] - The Inferred resources for each deposit are as follows: - North Lake: 481,300 ounces at 0.724 g/t - Preview SW: 531,900 ounces at 1.115 g/t - Preview North: 7,400 ounces at 0.628 g/t - Greywacke: 109,100 ounces at 1.242 g/t [6][12][14] Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan [30]
QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold
Globenewswire· 2025-11-21 22:00
Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment on the Quartz Mountain Gold Project in Oregon, USA [1][2] - The project is expected to unlock significant shareholder value, supported by a recently completed NI 43-101 technical report and financing [2][4] - The PEA will evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3][4] Project Details - The Quartz Mountain Gold Project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district in southcentral Oregon [2] - The recent mineral resource estimate indicates approximately 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t within 50,002,000 tonnes in the indicated category [5] - An additional 148,000 ounces of gold at a grade of 0.77 g/t and 135,000 ounces of silver at a grade of 0.70 g/t are found within 5,992,000 tonnes in the inferred category [5] Strategic Advantages - The project benefits from a favorable location, established infrastructure, and a solid mineral resource base, with gold designated as a strategic asset in the USA [4] - The results of the PEA are anticipated to be completed in the coming months and will inform future technical studies and permitting activities [4]
QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold
Globenewswire· 2025-11-21 22:00
Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment (PEA) for the Quartz Mountain Gold Project in Oregon, USA [1][2] - The PEA aims to evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3][4] - The Quartz Mountain Gold Project has an estimated mineral resource of 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t [5] Company Developments - The engagement of KCA, along with a recently completed NI 43-101 technical report, positions Q-Gold to unlock significant shareholder value from the Quartz Mountain Gold Project [2] - The project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district [2][4] - Q-Gold anticipates an active period ahead as it advances the Quartz Mountain Gold Project through critical development milestones in 2025 and 2026 [2] Project Details - The PEA will provide a comprehensive evaluation of the project's economic potential and is expected to be completed in the coming months [3][4] - The Quartz Mountain Gold Project is amenable to conventional open-pit mining methods [5] - The project benefits from its favorable location, established infrastructure, and solid mineral resource base, with gold designated as a strategic asset in the USA [4]
Tartisan Nickel Corp. Engages Rodren Drilling Ltd. for Drill Program at the Kenbridge Nickel-Copper-Cobalt Deposit
Newsfile· 2025-11-20 12:50
Core Viewpoint - Tartisan Nickel Corp. has engaged Rodren Drilling Ltd. to conduct a drill program at its Kenbridge Nickel-Copper-Cobalt Deposit, aiming to advance the project towards an updated Mineral Resource Estimate and a Pre-Feasibility Study [1][2][3] Company Overview - Tartisan Nickel Corp. is a Canadian-based exploration and development company focused on critical metals, owning the Kenbridge Nickel Project, Night Danger Turtle Pond project, and Sill Lake Silver Property [4] Drill Program Details - The Phase 1 drill program will involve 3600 meters of diamond drilling across priority targets, focusing on converting Inferred resources into Measured and Indicated categories and exploring potential extensions of high-grade Ni-Cu mineralization at depth [2][8] - Mobilization to the Kenbridge site is scheduled for December 2025 [8] Contractor Engagement - The company has retained Rodren Drilling Ltd., a respected contractor with significant experience in Ontario's mining districts, marking an important milestone in advancing the Kenbridge project [3]
Excellon Reports Q3 2025 Financial Results and Provides Mallay Restart and Corporate Updates
Newsfile· 2025-11-20 12:00
Core Viewpoint - Excellon Resources Inc. reported its Q3 2025 financial results, highlighting progress in the restart of the Mallay silver-lead-zinc mine in Peru and securing funding for the project [1][4]. Financial Highlights - The company raised $12 million through a private placement to support the Mallay restart [4][7]. - As of September 30, 2025, Excellon had $24 million in cash and available liquidity, including an undrawn pre-export finance facility with Glencore [8][7]. Mallay Restart Progress - Phase One underground rehabilitation is complete, with over 2,800 meters of mine access rehabilitated, allowing for transition to definition drilling and restart planning [5][7]. - An updated NI 43-101 mineral resource estimate for Mallay is expected in Q4 2025, with ongoing definition drilling from the 4090 level [7][12]. - All necessary mining and environmental permits for the restart are in good standing, including recently received explosives permits for underground operations [7][12]. Exploration and Future Plans - A 40-hole drill program at the Isguiz vein system and a 6-hole program at the Shafra Zone are planned to commence in Q4 2025, aimed at extending mineralization and supporting future mine planning [7][12]. - The company plans a phased restart of mining from the 4090 level, targeting a ramp-up towards the historical capacity of 600 tonnes per day, subject to positive drilling results [12][19]. Corporate Updates - The annual and special meeting of shareholders was held on November 18, 2025, where all matters, including the Share Incentive Plan, were approved [10]. - The company granted 504,853 deferred share units to non-executive directors and 200,000 stock options to Capital Analytica as part of the Share Incentive Plan [11][12].
Osisko Intersects 138 Metres Averaging 1.45% Cu in South Extension at Gaspé
Globenewswire· 2025-11-20 11:00
Core Insights - Osisko Metals has announced new drill results from the Gaspé Copper Project, confirming significant higher-grade mineralization, particularly in the southern extension, with drill hole 30-1136 returning 64.5 metres averaging 2.70% Cu [2][6] - The company is optimistic about the growth of the project and anticipates an updated Mineral Resource Estimate (MRE) in early 2026 [2][27] Drill Results Summary - Drill hole 30-1136 reported 284.5 metres averaging 0.41% Cu, including a high-grade interval of 64.5 metres averaging 2.70% Cu [6][12] - Drill hole 30-1120 showed 598.5 metres averaging 0.28% Cu, contributing to infill and expansion efforts [6][8] - Drill hole 30-1129 revealed 881.0 metres averaging 0.22% Cu, with significant mineralization extending to a vertical depth of 897.9 metres [6][9] - Drill hole 30-1133 indicated 550.5 metres averaging 0.28% Cu, confirming mineralization to a depth of 831 metres [6][10] - Drill hole 30-1134 demonstrated 309.0 metres averaging 0.17% Cu and a deeper intersection of 228.5 metres averaging 0.41% Cu [6][11] - Drill hole 30-1138 confirmed mineralization with 685.8 metres averaging 0.27% Cu [6][13] - Drill hole 30-1139 showed 873.0 metres averaging 0.23% Cu, confirming mineralization to a depth of 815 metres [6][14] - Drill hole 30-1140 reported five intersections of mineralization, including 105.0 metres averaging 0.43% Cu [6][15] Project Overview - The Gaspé Copper Project is characterized by porphyry copper/skarn type mineralization, with significant historical mining potential [16][27] - The current drill program aims to convert the November 2024 MRE to Measured and Indicated categories and explore deeper and lateral expansions of the mineralization [18][27] - Osisko Metals acquired a 100% interest in the Gaspé Copper mine in July 2023, which hosts the largest undeveloped copper resource in eastern North America [27][28]
Brightstar secures court and shareholder approval for Aurumin acquisition
Yahoo Finance· 2025-11-20 10:17
Brightstar Resources has secured approval from the Supreme Court of Western Australia (WA) and the shareholders of Aurumin to acquire all fully paid ordinary shares and options in the gold exploration company. The transaction, executed via a court-sanctioned share and option scheme of arrangement under Part 5.1 of the Corporations Act 2001, will result in Aurumin shareholders receiving new Brightstar options as all Aurumin options are cancelled. With the court's approval in place, Aurumin plans to lodge ...
Allied Critical Metals Announces Material Increase to Mineral Resource Estimate at Borralha Tungsten Project in Northern Portugal
Newsfile· 2025-11-19 22:00
Core Viewpoint - Allied Critical Metals Inc. has announced a significant increase in the Mineral Resource Estimate (MRE) for its Borralha Tungsten Project in Northern Portugal, which is expected to advance towards a Preliminary Economic Assessment (PEA) targeted for Q1 2026, amid strong tungsten prices and increasing demand for critical raw materials [3][4][6]. Mineral Resource Estimate Update - The updated MRE for the Borralha Tungsten Project shows a substantial increase to 13.0 million tonnes Measured and Indicated (M+I) at 0.21% WO₃ and 7.7 million tonnes Inferred at 0.18% WO₃, compared to the previous estimate of 4.98 million tonnes Indicated at 0.21% WO₃ and 7.01 million tonnes Inferred at 0.20% WO₃ [4][6]. - The MRE is based on a cut-off grade of 0.09% WO₃ and does not include other potential mineralized deposits on the property [5][6]. Geological and Metallurgical Context - The Santa Helena Breccia is confirmed as a large, mineralized system with strong structural control and excellent lateral continuity, indicating significant potential for further resource growth [9][10]. - Existing metallurgical programs suggest a simple, low-cost gravity flowsheet with a recovery rate of approximately 75-85% WO₃, with potential by-products including copper, tin, and silver [10][11]. Strategic Importance - The Borralha Project is positioned as a critical asset in Europe, especially given the EU's reliance on tungsten imports from China, with over 80% of its tungsten supply coming from there [24][25]. - The project is aligned with the EU Critical Raw Materials Act and NATO strategic autonomy initiatives, emphasizing its importance in developing a secure domestic supply of tungsten [24][25]. Next Steps - The company plans to conduct further drilling campaigns in early 2026 to expand the resource base and support the upcoming PEA [7][12]. - Ongoing environmental and hydrogeological baseline programs are in place to facilitate the permitting process, with anticipated approvals expected in Q1 2026 [7][12].
Mineral Resource Estimate Updated for the Cowboy State Mine Area at Halleck Creek
Globenewswire· 2025-11-19 13:03
Core Insights - American Rare Earths (ARR) announced an updated Mineral Resource Estimate for the Cowboy State Mine area, increasing the estimate to approximately 547.5 million tonnes with a TREO cut-off grade of 1,000 ppm [2][3] - The update includes results from 102 channel samples collected in 2025, which allowed for the reclassification of approximately 63.9 million tonnes from inferred to indicated resources [3][8] - The company has secured two new exploration drilling permits, allowing for further drilling and sampling to support future geological data collection [5][19] Mineral Resource Update - The updated mineral resource estimate for the Cowboy State Mine area is approximately 547.5 million tonnes, with an increase of about 4.5 million tonnes due to additional mapping and channel sampling [3][8] - The channel samples collected in 2025 returned an average TREO grade of 5,471 ppm, with a standout sample showing a record high grade of 13,816 ppm [7][14] - The reclassification of resources enhances the potential for near-surface resources to be incorporated into mine plans for the pre-feasibility study [6][19] Drilling Permits and Future Plans - In October 2025, ARR received permits for 27 drill hole locations in the Cowboy State Mine area and 29 in the Bluegrass area, which could add significant tonnage to the Halleck Creek's current resource estimate of 2.6 billion tonnes [5][23] - The drilling aims to increase geological confidence levels and define substantial measured resources within the proposed pits [19][21] - The company is working on optimizing drilling access routes and plans to commence drilling by mid-next year [21][23] Strategic Importance - The Halleck Creek Project is positioned to reduce U.S. reliance on rare earth imports, particularly from China, while meeting the growing demand for critical minerals [28][29] - The project is committed to environmentally responsible mining practices and collaborates with U.S. Government-supported R&D programs for innovative extraction technologies [29]