Core Insights - AuMEGA Metals Ltd has identified the Isle aux Morts Granite (IMG) as a high-priority drill target for the 2026 field season following favorable results from a multi-element surficial geochemistry interpretation [2][3] - The IMG is a large, underexplored felsic intrusion adjacent to the company's existing resource corridor, which currently hosts a defined gold Mineral Resource of 6.2 million tonnes grading 2.25 g/t gold for 450,000 ounces of Indicated Resources, and 3.4 million tonnes grading 1.44 g/t gold for 160,000 ounces of Inferred Resources [3][34] - The reinterpretation of the IMG suggests it may represent a previously unrecognized and potentially fertile mineral system, changing the exploration potential of this area [4][22] Geochemical Findings - The surficial geochemistry program involved the collection of 439 till samples across a survey grid, revealing large, coherent gold-in-till anomalies that are spatially related to geophysical lineaments [10][11] - Strong multi-element geochemical coherence was observed, with gold anomalies coinciding with elevated copper, molybdenum, and bismuth, indicating a potentially fertile gold and/or copper system [6][21] - The till material collected is homogeneous and suggests a proximal bedrock source for the geochemical responses, supporting the interpretation of structural control over mineralization [12][22] Target Areas and Future Plans - Seven target areas have been defined across the Cape Ray West area, with the Western Corridor identified as a significant target due to its geological setting and strong gold-in-till anomalism [15][16][29] - The company plans to extend surficial geochemistry coverage and geological mapping across the IMG, along with a focused diamond drilling program in summer 2026 to test high-conviction targets [29][34] - Assays from ongoing drilling and geochemical surveys are expected in the first quarter of 2026, which will further inform the exploration strategy [6][29]

Core Viewpoint - Trident Resources Corp. has initiated a 10,000-metre winter diamond drilling program at the Contact Lake Gold Project to confirm historical gold mineralization, expand known zones, and explore new targets based on updated geological interpretations [1][3]. Group 1: Drill Program Details - The 2026 winter drill program follows a successful 2025 drill program that intersected high-grade gold and broad zones of alteration [3]. - The drill program will consist of approximately 10,000 metres across up to 40 drill holes targeting high-priority zones identified through structural mapping and geophysical surveys [8]. - Drilling will occur on both land and ice-based locations at the Contact Lake target area, as well as at the adjacent Preview SW deposit [8]. Group 2: Financial Position - The winter drill program is fully funded, with the company holding over $12 million in cash and marketable securities, ensuring a strong financial position for executing exploration plans [5]. Group 3: Historical Context and Potential - The Contact Lake site had not been explored for nearly 30 years prior to the 2025 drill program, indicating significant untapped potential [3]. - The CEO of Trident Resources expressed confidence that the Contact Lake project could become one of the more significant new gold projects in the La Ronge Gold Belt [5].

Core Viewpoint - Formation Metals is expanding its Phase 1 drill program at the N2 Gold Project to 14,000 metres, driven by promising initial results from drilling activities [1][2]. Company Update - The company is conducting a fully funded 30,000 metre drill program at its flagship N2 Gold Project in Quebec, which has a global historic resource of approximately 871,000 ounces of gold [1][3]. - The Phase 1 drill program has been expanded to 14,000 metres based on significant mineralization intervals identified in initial drilling [2][3]. - The company has completed 13 drill holes totaling 3,879 metres, with mineralization starting within the first 10 to 25 metres in several holes [2][3]. Drilling Results - Significant intervals of target mineralization have been reported, including: - N2-25-008: 208.8 metres starting at 28.6 metres downhole, with intervals over 40 metres wide [2]. - N2-25-011: 166.8 metres starting at 60.0 metres downhole, with intervals over 20 metres wide [2]. - Other drill holes have also shown long mineralized intervals, with some exceeding 100 cumulative metres [2][3]. Financial Position - The company has approximately C$12.3 million in working capital and zero debt, with an exploration budget of approximately $8.1 million for 2025-2026 [2][3]. Project Summary - The N2 Gold Project comprises 87 claims totaling approximately 4,400 hectares, with six primary auriferous mineralized zones open for expansion [3]. - Historical highlights include: - A Zone: Approximately 522,900 ounces identified at a grade of 1.52 g/t Au, with significant historical drilling completed [3]. - RJ Zone: Approximately 61,100 ounces identified at a grade of 7.82 g/t Au, with high-grade intercepts reported [3]. Future Plans - The company plans to focus on gold deposit expansion and discovery along identified zones and fault systems in the northern part of the N2 project for the 2026 exploration season [3].

Core Insights - Aftermath Silver Ltd has successfully completed the acquisition of the Berenguela project in southern Peru, now fully owned by the company [1][4] - The project is a significant silver-copper-manganese deposit, currently in its third phase of drilling, targeting exploration zones and future infrastructure [2][5] Acquisition Details - The acquisition process began in 2020, involving approximately $21 million Canadian in cash and shares, with complex legal work required for ownership transfer [4] - As of the end of December, Aftermath Silver holds 100% ownership of the Berenguela project, allowing for full control over the asset [4][8] Project Overview - The Berenguela project is a large deposit with potential for silver, copper, and manganese, all of which are currently experiencing high prices in the commodities market [5] - The company is focusing on drilling specific targets, including a copper zone on the eastern side and a copper-gold target in the southwest [6] Funding and Future Plans - Aftermath Silver raised about $20 million in December, providing full funding to advance engineering studies over the next 12 months [7] - The company aims to enhance the project's valuation in the market, leveraging its 100% ownership for strategic decisions regarding landholdings and associated costs [8]

Core Viewpoint - Rockland Resources Ltd. is advancing its Cole Gold Mines project in Ontario by engaging Chibougamau Drilling for a new drill program and arranging a private placement to fund the initiative [1][3]. Group 1: Drill Program - The initial drill program will consist of approximately 3,000 meters and is expected to commence later this month [2]. - Chibougamau Drilling, based in Red Lake, has extensive experience in the area, having drilled at the successful Great Bear deposit [1]. Group 2: Financing - The company has arranged a non-brokered private placement of up to 12 million units at a price of $0.10 per unit, aiming for aggregate gross proceeds of $1,200,000 [3]. - Each unit will consist of one common share and one transferable share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of $0.15 for a period of 36 months [3]. Group 3: Company Overview - Rockland Resources is focused on mineral exploration and discovery, with its flagship project being the historic Cole Gold Mines project in the Red Lake district [6]. - The company aims to deliver meaningful growth and long-term value to shareholders through disciplined exploration and strategic project development [6].

TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Nobel Resources Corp. (TSX – V: NBLC) (the “Company” or “Nobel”) is pleased to announce commencement of mobilization by the Company’s diamond drill contractor to the Cuprita copper project (“Cuprita” or the “Project”) and drilling will commence during the week of January 12th. All necessary permits for this initial drilling at Cuprita have been received from the local authorities. Larry Guy, Chairman and CEO of Nobel, states: “During 2025, our technical team identi ...

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 6, 2026 / Mako Mining Corp. (TSXV:MKO)(OTCQX:MAKOF) ("Mako" or the "Company") is pleased to report additional results from the 2025 reverse circulation ("RC") and diamond drill program at the El Golfo area, located immediately south of the Company's 100%-owned Las Conchitas and San Albino gold deposits and mining operations in Nicaragua (Figure 1).In 2025, the Company completed 137 drill holes totalling 17,885 m. The objective of the most recent dri ...

Core Insights - Canamera Energy Metals Corp. provided a summary of its corporate and exploration activities for 2025, highlighting significant developments and upcoming catalysts in Q1 2026 [1] Group 1: Financial Activities - In 2025, the company completed equity financings totaling $5.57 million [1] Group 2: Exploration and Acquisitions - Canamera acquired various interests in five mineral properties through option agreements, acquisitions, and staking [1] - The properties are located across Canada, the United States, and Brazil, enhancing the company's portfolio of rare earth elements and uranium exploration properties [1] - The acquisitions are situated in stable, mining-friendly jurisdictions [1]

Core Viewpoint - K2 Gold Corporation has approved a budget of $9.8 million for 2026 to advance the Mojave Project and fund drill testing of new targets at the Si2 Project in Nevada, indicating a strategic focus on exploration and development in key projects [1][2]. Mojave Project - The Mojave Project features a polymetallic mineralized system with a 5 km corridor of high-grade gold and copper mineralization, showcasing significant exploration potential [3]. - Historical production in the broader district includes 4.4 million ounces of silver and substantial amounts of lead and zinc, highlighting the area's rich mining history [3]. - Recent drilling results at Mojave have shown promising gold grades, including samples with up to 375 g/t Au and significant copper grades from various target areas [6][17]. Si2 Project - The Si2 Project has identified new high-priority targets that are analogous to significant low-sulphidation epithermal gold deposits, with potential for substantial gold deposition [5][6]. - The upcoming drilling at Si2 will be the first systematic test of these new targets, which have been defined through recent studies [6]. Wels Project - The Wels Project, located in the Tintina Gold Belt, consists of 350 contiguous quartz claims covering 7,200 hectares and has shown near-surface high-grade gold intervals in previous drilling [9]. Marketing Agreements - K2 Gold has engaged Machai Capital Inc. and Winning Media LLC for digital marketing services, with agreements totaling C$200,000 and US$100,000 respectively, to enhance the company's marketing efforts [9][10]. Company Overview - K2 Gold Corporation is focused on advancing gold exploration projects in mining-friendly jurisdictions across the Western U.S. and Canada, with a commitment to responsible exploration and community engagement [13][14].

Core Viewpoint - IMPACT Silver Corp. has entered into a Letter of Intent with J2 Metals Inc. to option a portion of the Zacualpan Mining District, allowing J2 to explore the area known as the Sierra Plata Silver-Antimony Project over a three-year period [1][2]. Group 1: Agreement Details - J2 will conduct exploration on approximately 22 km² of the Zacualpan Mining District, with a definitive agreement expected to close within 60 days [1]. - J2 can earn a 100% interest in the property by making staged payments totaling $250,000 in common share subscription receipts and incurring approximately $1,353,600 in exploration expenditures over three years [3]. - The staged annual payments to IMPACT may total up to 6,500,000 common shares of J2, with up to 25% of the share value payable in cash or up to $375,000 in cash over three years [3]. Group 2: Responsibilities and Financial Terms - J2 is responsible for work requirements and taxes to maintain the property in good standing during the agreement [4]. - J2 has the option to accelerate cash payments and share issuances after the first year by paying an additional $500,000 in cash or shares [4]. - IMPACT will retain a 1.5% net smelter return (NSR) royalty on the project, which J2 can buy down to 0.75% for $1.5 million [5]. Group 3: Strategic Context - The agreement allows IMPACT to unlock additional value and exploration potential without deploying its own financial or human resources, especially in the context of record silver prices [2]. - The Sierra Plata area is located near the historically significant Taxco mining district, known for its long history of silver-gold exploration and production [2]. - IMPACT has previously conducted reconnaissance and limited exploration in the area, yielding encouraging results that highlight its standalone exploration potential [2].