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Canadian Gold Resources Secures Permits for Exploration Bulk Sample at Lac Arsenault
Newsfile· 2025-07-15 13:13
Core Viewpoint - Canadian Gold Resources Ltd. has received all necessary permits from the Government of Québec to initiate a bulk sampling program at its Lac Arsenault Gold Project, aiming to test between 5,000 to 10,000 tonnes of mineralized materials for exploration purposes only [1][5]. Permitting and Environmental Compliance - The company is required to drill three shallow water monitoring wells near the sampling area to assess potential groundwater presence, with baseline water quality testing to follow if water tables are encountered [2]. - Canadian Gold supports this requirement as part of its commitment to responsible exploration and environmental stewardship [2]. Next Steps in Operations - With permits secured, the company will prepare to mobilize personnel and equipment, finalize agreements with contractors, complete the required water wells, and install temporary infrastructure [3]. - Material sampling is expected to commence and continue for approximately three weeks, with samples transported to a third-party facility for processing and analysis [3]. Management Insights - The President & CEO of Canadian Gold highlighted that receiving the permit is a significant milestone for the Lac Arsenault Project, which aims to evaluate the technical and geological characteristics of near-surface mineralization [4]. - Historical estimates from previous work indicated approximately 40,000 tonnes grading 15.43 g/t gold and 197 g/t silver, with a revised estimate of 199,580 tonnes grading 9.59 g/t gold [4][10]. Economic Potential Clarification - While the company is optimistic about generating technical and metallurgical data from the bulk sample, no economic analysis has been completed, and there are no mineral reserves at Lac Arsenault [5]. - Any references to potential revenue from sample processing are speculative, and no production decision or feasibility study has been conducted [5]. Project Overview - The Lac Arsenault Project is located in Québec's Gaspé region and features multiple high-grade epithermal-style vein systems, including the Baker and Mersereau veins [8]. - The project is situated along the Grand Pabos Fault, which shares characteristics with other productive gold systems known for hosting multi-million-ounce deposits [8]. Historical Resource Estimates - Historical estimates were based on underground sampling and trenching, but they do not comply with current CIM standards and require further verification [6][11]. - The company plans to conduct systematic diamond drilling and verification sampling to bring these historical estimates into compliance with current standards [7][11].
Opus One Gold Obtains 3.92 g/t Gold Over 5.2 m from Hole No-25-17, at 375 Vertical Meters on its Zone 1 Gold Discovery, Noyell Project
Globenewswire· 2025-07-15 12:30
NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, July 15, 2025 (GLOBE NEWSWIRE) -- Opus One Gold Corp (TSX-V: OOR) (the "Company" or "Opus One") is pleased to announce that drill hole NO-25-17 from the winter drilling program on its 100% owned Noyell project near the town of Matagami, Abitibi, Québec, Canada, returned 3.92g/t Au over 5.2 m from 411.5 to 416.7 m. The mineralized interval represents a true width of approximately 4.2 m within the Zone 1 structur ...
AbraSilver Extends Gold Mineralization at Oculto East with Broad Step-Out Intercept
Thenewswire· 2025-07-15 11:30
Latest Hole Returns 42 m at 0.68 g/t Gold Including 7 m at 1.67 g/t Gold John Miniotis, President and CEO, commented, "These results continue to confirm that Diablillos still has significant room for further growth, as we continue to determine the strike direction of the high-grade gold zone at Oculto East. With three rigs actively drilling this target area, we anticipate steady exploration news flow in the coming weeks and months ahead." Toronto – TheNewswire – July 15, 2025 – AbraSilver Resource Corp. (TS ...
Royal Road Minerals Announces Scout Drilling Results from the Lalla Aziza Copper Project, Kingdom of Morocco
Newsfile· 2025-07-14 11:30
Royal Road Minerals Announces Scout Drilling Results from the Lalla Aziza Copper Project, Kingdom of MoroccoJuly 14, 2025 7:30 AM EDT | Source: Royal Road Minerals LimitedToronto, Ontario--(Newsfile Corp. - July 14, 2025) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce results from its initial scout drilling program at the Lalla Aziza copper project in Morocco. Lalla Aziza is an underground copper-mine located in Morocco's Western High Atlas, ap ...
Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone District
Newsfile· 2025-07-14 11:00
Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC's Toodoggone DistrictJuly 14, 2025 7:00 AM EDT | Source: Sun Summit Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - July 14, 2025) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an update from its ongoing project-wide exploration program at the JD Project, Toodoggone Mining District, north-central British Columbia (the "JD Project"). ...
Collective Mining Drills 397.50 Metres at 2.62 g/t Gold Equivalent Commencing from Surface at Apollo
Prnewswire· 2025-07-14 10:30
Core Viewpoint - Collective Mining Ltd. has announced positive assay results from six diamond drill holes at the Apollo system, indicating significant gold-silver-copper-tungsten mineralization and expansion potential at the Guayabales project in Colombia [1][6][12]. Group 1: Drilling and Assay Results - The Apollo system is strongly mineralized over 1,200 vertical meters and remains open at depth, with ongoing drilling aimed at defining shallow mineralization and expanding high-grade zones [1][4]. - Recent assay results include 397.50 meters at 2.62 g/t gold equivalent from surface in hole APC-122, which bottomed in strong mineralization [6][7]. - A total of approximately 129,500 meters of diamond drilling has been completed at the Guayabales Project, with 91,000 meters specifically at Apollo [3][10]. Group 2: Future Plans and Operations - The company is operating nine drill rigs as part of a fully funded 70,000-meter drill program for 2025, with plans to mobilize additional deep capacity rigs to further explore the high-grade Ramp Zone [2][4]. - Exploratory drilling is also underway on gravity anomalies near Apollo, with the aim of discovering additional mineralization [4][12]. - The company has completed over two-thirds of its 33-hole infill drill program, with assays pending for eight holes, indicating ongoing exploration and development efforts [10][12]. Group 3: Management and Ownership - Management, insiders, and a strategic investor own 44.5% of the outstanding shares, aligning their interests with those of shareholders [13]. - The company is listed on both the NYSE and TSX under the symbol "CNL" [13].
Inspiration Satellite Survey Provides Numerous Gold-Copper Targets Bordering Ramp Metals Inc.'s Rush Copper-Gold-Silver Discovery
Newsfile· 2025-07-14 07:01
Core Insights - Inspiration Energy Corp. has identified numerous gold-copper targets from its recent Atomic Mineral Resonance Tomography (AMRT) satellite survey over the Rottenstone North Gold Project, located in Northern Saskatchewan [1][5] - The targets are situated along the eastern boundary of the property, adjacent to Ramp Metals Inc.'s Rush Cu-Au-Ag discovery, indicating strong exploration potential [1][5] - The company is planning to initiate a drilling program to test these high-priority targets, with permits currently pending [1][5] Company Overview - Inspiration Energy Corp. is a Canadian mineral exploration company focused on acquiring, developing, and exploring high-potential resource assets, with its flagship asset being the Rottenstone North Gold Project [8] - The Rottenstone North Gold Project covers an area of 4,512 hectares and is located approximately 115 kilometers north of La Ronge, Saskatchewan [8] - The company employs a combination of conventional and proprietary technologies, including the AMRT system, to efficiently define drill targets and drive future discoveries [8] Market Context - The current market conditions are favorable, with gold and copper prices at all-time highs, leading to increased interest in the junior mining sector [5] - The results from the AMRT satellite survey have generated optimism regarding the exploration potential of the Rottenstone North Gold-Copper Project [5]
Thor Explorations Announces Q2 2025 Operating Update
Newsfile· 2025-07-14 06:22
Core Viewpoint - Thor Explorations Ltd. reported a strong operational performance in Q2 2025, achieving record quarterly revenue of US$82.5 million due to high gold prices and effective cost management [7][8]. Q2 Highlights - Gold poured in Q2 2025 totaled 22,784 ounces, with gold sales reaching 25,900 ounces at an average realized price of US$3,187, resulting in revenue of $82.5 million [5]. - The company milled 238,425 tonnes of ore at an average grade of 3.12 g/t, achieving a process plant recovery rate of 93.1% [5]. - Mine production consisted of 242,461 tonnes at an average grade of 3.02 g/t, yielding 23,573 ounces of gold [5]. - The ore stockpile decreased by 307 ounces to 41,092 ounces at an average grade of 0.84 g/t [5]. - The company maintained its FY 2025 production guidance range of 85,000 to 95,000 ounces and AISC guidance of $800 to $1,000 per ounce [5]. Exploration Activities - Ongoing underground drilling at Segilola aims to extend the mine life, with a total of 4,418 meters completed across 12 holes [12]. - In Senegal, over 11,000 meters were drilled at the Baraka 3 prospect, which will be included in the Douta Preliminary Feasibility Study [9][16]. - Exploration in Côte d'Ivoire is advancing with drilling programs on the Guitry, Marahui, and Boundiali licenses [5][10]. Dividend Information - The company will maintain its dividend policy, with a second quarterly dividend payment of C$0.0125 per share scheduled for August 15, 2025 [5][4].
SILVER ONE COMMISSIONS GROUND GEOPHYSICAL SURVEY ON ITS PHOENIX SILVER PROJECT, ARIZONA
Prnewswire· 2025-07-14 05:01
Core Viewpoint - Silver One Resources Inc. has engaged Zonge International, Inc. to conduct a ground geophysical Induced Polarization (IP) and Magnetotelluric (MT) survey on its Phoenix Silver project in Arizona, aiming to detect underground metallic minerals and structures indicative of mineralization [1] Survey Details - The planned survey will cover 50-line kilometers of ground IP and MT over identified copper targets, which have not been drill tested before [4] - The IP survey will target vertical depths of 600 meters, while the MT survey will reach depths of 1,500 meters, assisting in defining and prioritizing targets for future drilling [5] Project Significance - The copper targets are located along the northeastern portion of the Miami-Inspiration copper belt, which is known for significant deposits, including Rio Tinto-BHP's Resolution deposit and BHP's Ocelot discovery [4] - Previous magnetic and ZTEM surveys, along with high-grade copper and silver samples, suggest the presence of a copper-silver system at depth in the southern part of the property [1] Silver Exploration Plans - The company plans to evaluate silver targets, particularly in the 417 area, and conduct a detailed gravity survey to locate massive silver bodies [6] - Additional work in the Nuggets North area will include mapping, sampling, and trenching, pending Forest Service permitting [6] Candelaria Project Update - Work at the Candelaria project is on schedule, focusing on metallurgical investigations to optimize silver and gold recoveries, with a Preliminary Economic Assessment (PEA) expected by year-end [7] Company Overview - Silver One is focused on exploring and developing quality silver projects, holding a 100% interest in the Candelaria Mine in Nevada, which offers potential for near-term production through reprocessing historic leach pads [9] - The company also owns multiple claims in the Cherokee project, which hosts silver-copper-gold vein systems, and the Silver Phoenix Project, a high-grade native silver prospect in Arizona [10]
Higher-Grade Nickel Sulphides Confirmed at Zeb Across Multiple Zones - Mineralisation Remains Open
Newsfile· 2025-07-11 13:00
Core Insights - ZEB Nickel Corp. has confirmed the presence of higher-grade nickel-copper-PGE mineralization at the Zeb Nickel Project in Limpopo, South Africa, following a two-hole drilling program that validates the geological model and indicates that mineralization remains open along strike and at depth [2][24]. Group 1: Geological Model and Mineralization - The Zeb mineral system consists of four stacked horizons, with Zone 1 being the near-surface bulk-tonnage nickel-bearing unit, and Zone 2 containing similar Ni-Cu-PGE mineralization to that found at Ivanhoe Mines's Platreef Mine [4][24]. - Drilling results from two holes (Z031 and Z033) confirmed the presence of mineralized material in both Zone 1 and Zone 2, with significant intersections indicating thicker, higher-grade intervals beneath the historical resource [7][8]. - Zone 2 reported assay results of up to 2.27 m at 0.27% Ni, 0.17% Cu, and 2.27 g/t 3PGE+Au, while Zone 3 showed up to 0.70 m at 0.65% Ni and 0.40% Cu within a broader interval of 2.73 m at 0.39% Ni [7][13]. Group 2: Exploration Potential - The data suggests that the Ni-Cu-PGE mineralization in Zone 2 may extend fully beneath Zone 1, indicating increased potential for a significant Ni-Cu-PGE resource [9][24]. - The consistent intersection of semi-massive sulphide mineralization in Zone 3 supports the potential for a large, continuous magmatic system, which could lead to further discoveries [10][12]. - The geological model proposes that additional down-dip drilling may intersect significantly higher-grade Ni-Cu-PGE mineralization, supported by analogous mineralization styles observed at neighboring world-class deposits [11][24]. Group 3: Company Overview - ZEB Nickel Corp. is focused on exploring and developing world-class mineral deposits, particularly those critical for rechargeable battery production, including nickel, graphite, lithium, cobalt, manganese, copper, and aluminum [25]. - The Zeb Nickel Project is strategically located in the Bushveld Complex in South Africa and is recognized as a developing Class 1 nickel sulfide project [25].