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Homeland Nickel Samples 2.2% Nickel at Eight Dollar Mountain, Provides Exploration Update
Thenewswire· 2025-07-17 11:00
Core Insights - Homeland Nickel Inc. announced positive exploration results from its Eight Dollar Mountain nickel laterite property, with nickel assay values ranging from 0.21% to 2.21% and an average of 0.67% [3][5][8] Exploration Results - In June 2025, the company collected 56 surface samples from the Eight Dollar property, indicating the presence of nickel laterite [3][5] - The highest assay value recorded was 2.21% Ni, taken from a shallow historical pit, while the average grade was higher than the expected 0.4-0.5% Ni [5][8] Future Plans - The company plans to return to the Eight Dollar property for an expanded sampling program to estimate the extent of the laterite [5][8] - Homeland Nickel is also awaiting approval for its Plan of Operation for the Red Flat Nickel Laterite Project, which has faced delays [8][12] Property Details - The Eight Dollar Mountain Property is located 4 km west of Selma, Oregon, and is accessible via paved roads [7] - Previous exploration efforts in the 1950s and 1970s identified several zones of nickel laterite, but no resources were published [7] Quality Assurance - Sample collection and quality control were managed by a qualified person, ensuring the integrity of the assay results [10][12] Company Overview - Homeland Nickel is focused on critical metal resources, holding various nickel, copper, and gold projects in the United States and Canada [13]
Wallbridge Commences Phase 2 Drilling at Martiniere
GlobeNewswire News Room· 2025-07-17 11:00
WEBINAR TODAY, JULY 17 @ 2:00 PM EDTRegister here:https://6ix.com/event/martiniere-phase-1-drilling TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB: WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has commenced its second phase (“Phase 2”) of drilling at its fully owned Martiniere gold project (“Martiniere”). The Phase 2 campaign has been designed to follow up on the positive results returned from its Phase 1 drilling campaign completed in M ...
Midnight Sun Announces Phase-One Dumbwa IP Results
Newsfile· 2025-07-17 10:30
Core Insights - Midnight Sun Mining Corp. has completed phase one of a 56 line-kilometre dipole-dipole induced polarization (IP) survey at the Dumbwa Target within its Solwezi Project in Zambia, covering 11.5 kilometres of strike length [2][3] - The results of the IP survey correlate with previous drill-identified mineralization, providing a detailed visual interpretation of the mineralized horizons at the Dumbwa Target, which will inform the upcoming drill program [3][4] - The company plans to commence an initial diamond drill program along the southern 11.5-kilometre strike length of the Dumbwa Target in approximately two weeks [7] Survey Results - The initial phase of the IP survey has illustrated the structural architecture of the Dumbwa Target, revealing a horizon that varies from flat lying to areas showing evidence of folding [5][6] - A strong correlation exists between mineralized intervals from previous drilling and the interpreted target horizon derived from the IP survey, along with a positive correlation to the overlying soil anomaly [6] Future Plans - With the understanding of the target horizon's geometry, the company is well-positioned to advance to the drilling stage, aiming to validate interpretations and unlock the potential of the copper target [4][7] - The insights gained from the IP survey are expected to enhance geological understanding and refine drill targeting strategies [4]
RUGBY RESOURCES SHAREHOLDERS APPROVE ARRANGEMENT WITH PAMPA METALS
GlobeNewswire News Room· 2025-07-17 10:30
Vancouver, B.C., July 17, 2025 (GLOBE NEWSWIRE) -- Rugby Resources Ltd. (“Rugby”) (TSXV:RUG) and Pampa Metals Corp. (“Pampa”) (CSE:PM / FSE:FIR / OTCQX®:PMMCF) are pleased to announce the voting results for the special meeting of shareholders (the "Rugby Shareholders") of Rugby held on July 16, 2025 in Vancouver, British Columbia (the "Special Meeting"). At the Special Meeting, the Rugby Shareholders considered a special resolution (the "Arrangement Resolution") approving the previously announced statutory ...
Maxus Mining Expands Land Holdings at the Altura Antimony Project in British Columbia, Canada
Globenewswire· 2025-07-16 12:00
The Project is comprised of two claim blocks, Altura West, positioned on the area of Dolly Varden, and Altura East, positioned between Whitewater and Brennan Mountains roughly 29 kilometres northeast of New Denver, British Columbia. The region is recognized for its strong antimony, silver, and gold potential (Please see Figure 1). VANCOUVER, British Columbia, July 16, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce that the Company has exp ...
Greenridge Exploration Announces Exploration Plans at its Hook-Carter Uranium Project with Denison Mines
Globenewswire· 2025-07-16 12:00
Core Viewpoint - Greenridge Exploration Inc. has initiated a work program at its Hook-Carter Uranium Project in Saskatchewan, Canada, focusing on identifying new drill targets along the Patterson Lake Corridor, which is known for significant uranium deposits [1][2][3]. Group 1: Project Overview - The Hook-Carter project consists of eleven claims covering 25,115 hectares and is strategically located approximately 147 kilometers northeast of La Loche, Saskatchewan [2]. - The property is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, which includes notable uranium deposits from companies like NexGen Energy Ltd. and Paladin Energy Limited [2][3]. - The project also overlaps with the Carter and Derksen corridors, which are considered highly prospective for uranium mineralization [3]. Group 2: Exploration Program Details - The 2025 exploration program will include a six-line MLTDEM survey, enhancing the resolution of previous surveys from 1,200 meters to 600 meters [4]. - A joint inversion of the 2025 MLTDEM data, the 2023 ZTEM airborne survey, and historical resistivity data is planned to improve targeting models for future drilling [7]. - The MLTDEM survey is set to commence in August 2025 from a temporary work camp on the property, with ongoing engagement with local communities [8]. Group 3: Joint Venture and Financial Aspects - The Hook-Carter joint venture was established in 2016, with Denison Mines Corp. holding an 80% interest and Greenridge holding 20% [9]. - Denison has invested approximately $7.08 million in exploration expenditures at Hook-Carter since 2016, which includes surface and airborne geophysical programs and nearly 12,000 meters of diamond drilling [9]. - In May 2024, the joint venture agreement was amended, allowing Greenridge to assume ALX Resources Corp.'s 20% interest in the project following its acquisition [10].
Nexus Uranium Intersects Uranium Mineralization at Cree East in Unconformity Test from Winter Drill Program
Newsfile· 2025-07-16 11:00
Nexus Uranium Intersects Uranium Mineralization at Cree East in Unconformity Test from Winter Drill Program July 16, 2025 7:00 AM EDT | Source: Nexus Uranium Corp. Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus" or the "Company") is pleased to report assay results from its 2025 winter drill program at the Cree East Project in the Athabasca Basin, Saskatchewan. The program comprised five unconformity drill tests, one of which ...
Miata Metals Intersects Wide Intervals of Veining at the Puma Target on the Sela Creek Gold Project in Suriname
Globenewswire· 2025-07-16 08:00
Core Viewpoint - Miata Metals Corp. has reported promising initial drilling results at the Puma Target within its Sela Creek Gold Project in Suriname, indicating significant potential for gold mineralization based on the company's predictive vein model [1][4][11]. Drilling Results - The first two drill holes, 25DDH-SEL-018 and 25DDH-SEL-019, have intersected wide zones of intense quartz veining and alteration, which are strong indicators of a significant mineralization system [2][4][5]. - Hole 25DDH-SEL-018 encountered a weathered oxide zone to 75 meters, followed by a 60-meter interval of increased quartz veining [6]. - Hole 25DDH-SEL-019 intersected four distinct vein zones between 80 and 195 meters, displaying characteristic textures associated with mineralization [6][8]. Exploration Program - The company is conducting a 10,000-meter drilling campaign while simultaneously advancing a regional generative exploration program, which includes new sampling and mapping to identify additional high-prospectivity areas [2][12]. - A grab sample from an artisanal miners' ore pile at the Aplito prospect yielded an impressive assay of 675 g/t Au, highlighting the potential for high-grade mineralization beyond current targets [5][14]. Geological Model and Targeting - The drilling at Puma has confirmed the geological model developed through surface mapping and previous drilling, reinforcing confidence in the company's targeting approach [4][8]. - The Puma Target encompasses approximately 2.7 km of strike length and 400 m in width, situated in a historically active yet underexplored gold district [11]. Future Plans - Miata Metals intends to launch a comprehensive stream sediment and soil sampling program aimed at exploring underexplored areas trending toward the Guyana Shield Shear Zone, with plans to generate over 1,000 samples [15].
Miata Metals Intersects Wide Intervals of Veining at the Puma Target on the Sela Creek Gold Project in Suriname
GlobeNewswire News Room· 2025-07-16 08:00
Core Insights - Miata Metals Corp. has reported initial drilling results from the high-priority Puma Target at the Sela Creek Gold Project in Suriname, indicating wide zones of intense veining consistent with the company's predictive vein model [1][3][5] Drilling Results - The first two drill holes, 25DDH-SEL-018 and 25DDH-SEL-019, have intersected significant veining and alteration, which are strong indicators of potential gold mineralization [2][3][5] - Hole 25DDH-SEL-018 encountered a weathered oxide zone to 75 meters, followed by a 60-meter interval of increased quartz veining [5] - Hole 25DDH-SEL-019 intersected four distinct vein zones between 80 and 195 meters, displaying characteristic textures associated with mineralization [5][9] Geological Model Validation - The visual indicators from the drill cores support the geological model developed through surface mapping and previous drilling efforts [3][5] - The consistency between the core samples and the predictive model reinforces confidence in the company's targeting approach [7][11] Exploration Activities - Miata is conducting a comprehensive generative exploration program alongside its drilling campaign, which includes sampling and mapping to identify additional high-prospectivity areas [2][12] - The company has collected 248 surface samples in 2025, including a notable artisanal ore sample from the Aplito area grading 675 g/t Au [13][15] Future Plans - Miata intends to launch a stream sediment and soil sampling program aimed at extending the existing Puma trend and exploring underexplored areas [14]
Defiance Silver Completes Acquisition of Green Earth Metals Inc.
Newsfile· 2025-07-16 05:00
Core Viewpoint - Defiance Silver Corp. has successfully completed the acquisition of Green Earth Metals Inc. (GEMS), enhancing its position in the exploration sector with three copper-gold-silver projects in Sonora, Mexico [1][2][6]. Company Summary - Defiance has acquired 100% of GEMS, solidifying its status as a leading exploration company in Mexico's mineral belts [2][6]. - The acquisition involved issuing 4,954,613 common shares of Defiance at a deemed price of C$0.255 per share, totaling C$1,263,426 [5][6]. - GEMS projects cover 6,795.22 hectares in Sonora, a region known for significant copper deposits, including Cananea and La Caridad [6][8]. Industry Context - Sonora is recognized as Mexico's premier mining jurisdiction, contributing 75.6% of the country's copper production and 25.7% of gold output as of early 2024 [8]. - The state accounts for 31.4% of the national mining value, highlighting its robust mining environment [8]. - The GEMS projects are strategically located near major mining operations, such as Alamos Gold's Mulatos Mine, which produces over 120,000 ounces of gold annually [9][8]. Exploration Potential - Defiance plans to advance exploration efforts on the newly acquired projects, with a comprehensive exploration campaign including a diamond drill program at the Victoria project [7][12]. - Historical exploration has indicated extensive geological features suggestive of large-scale hydrothermal Cu-Au-Ag systems within the Porphyry Copper Belt of Sonora [12][13]. - The Victoria Project consists of 1,795.22 hectares and shows potential for secondary copper enrichment, indicating strong exploration upside [13][12].