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Adamera Expands Glix Prospect on South Hedley Gold Property
Thenewswire· 2025-09-16 19:35
Core Insights - Adamera Minerals Corp. is expanding the Glix Prospect, identifying soil samples with gold values ranging from 24 to 4,283 ppb (4.3 g/t) [1][5] - The Glix Prospect is located on the 100% owned South Hedley claims in British Columbia, with plans for a drill program to test both the Glix and Max Prospects [2] - The Glix Prospect features a coherent gold in soil anomaly measuring approximately 90 x 50 meters, open for further expansion [4] Company Developments - A follow-up sampling and prospecting program is currently underway, with geophysical surveys planned for the Glix area [1] - The highest gold value recovered to date from the Glix Prospect is 4.3 g/t, which will be the focus of immediate prospecting efforts [5] - The area has favorable geology, with identified scapolite-altered rocks and nearby sulphide mineralization [6] Historical Context - Approximately 2.5 million ounces of gold were produced in the Hedley Gold Camp, located less than 10 kilometers from Barrick Gold Corp's Nickel Plate Mine [3] - Previous sampling returned weakly anomalous values, with follow-up samples showing significant enrichment in gold, zinc, and arsenic [7]
Forge Resources Announces Phase 2 Diamond Drill Program at Alotta Project, Yukon
Newsfile· 2025-09-16 19:15
Forge Resources Announces Phase 2 Diamond Drill Program at Alotta Project, YukonSeptember 16, 2025 3:15 PM EDT | Source: Forge Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - September 16, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company) is pleased to announce the planned mobilization of crews for its Phase 2 diamond drill program, comprised of 2,100 metres across 7 holes averaging 300 metres in depth. Mobilization is scheduled for Septem ...
Adamera Expands Glix Prospect on the South Hedley Gold Property
Thenewswire· 2025-09-16 11:30
Vancouver, British Columbia – TheNewswire - September 16, 2025 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") continues to expand the Glix Prospect and has identified several additional soil samples with anomalous gold values ranging from 24 to 4,283 ppb* (4.3 g/t) gold. A follow up sampling and prospecting program is underway and geophysical surveys are being planned for the Glix area. The Glix prospect is located on the Company’s 100% owned South Hedley claims in British C ...
Pasofino Gold Exploration Update
Newsfile· 2025-09-15 11:00
Pasofino Gold Exploration UpdateCurrent Exploration Program Focuses on New Drill Targets at Dugbe F and Tuzon DepositsSeptember 15, 2025 7:00 AM EDT | Source: Pasofino Gold LimitedToronto, Ontario--(Newsfile Corp. - September 15, 2025) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to update on its current exploration program at its 100% owned Hummingbird Resources (Liberia) Ltd. ("HRL") Dugbe Gold Project ("Dugbe") in Liberia. Highligh ...
Beauce Gold Fields Drills Up To 5.2 G/T Gold In Axis of Antiform Confirmed Gold-Bearing Mineralization Along Saddle Reef Traced for 4 km Unexpected Discovery of Gold-Bearing Mineralized Fault Line
Thenewswire· 2025-09-11 12:00
Core Insights - Beauce Gold Fields has announced the results of its summer diamond drill program in Beauceville, Quebec, which included 13 holes totaling 970 meters [1][20] - The drilling program confirmed the presence of gold-bearing structures within the Saddle Reef, indicating strong exploration potential [2][20] Grondin Zone Highlights - Drilling at the Grondin Zone followed up on a 2024 IP survey, revealing a strong breccia and extensive stockworks with gold mineralization encountered in most 2023 drill holes [3][20] - Notable drill hole GR-25-02 intersected 2.0 g/t Au over 4.0 m, including 5.2 g/t Au over 0.5 m, with mineralization extending several hundred meters [4][20] - Drill hole GR-25-08 discovered a gold-mineralized fault line, returning significant values of 0.8 g/t Au over 9.5 m, with a higher-grade interval of 2.3 g/t Au over 1.0 m [7][20] Giroux Zone Highlights - Hole BE-25-01 tested an IP and soil anomaly, intersecting mainly grey shale, while other holes encountered mineralized lapilli tuffs with quartz veins [12][20] - Structural interpretation suggests a mega-antiform fold controlling gold mineralization, with evidence indicating historical placer gold contributions from eroded horizons [14][15][20] Future Exploration Plans - The company plans to apply for an expansion of its ATI Authorization to allow additional exploration work and further drilling [21][20] - Future work will include detailed mapping, geochemistry, and targeted geophysical surveys to refine drill targets [10][20] Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, aiming to trace old placer gold workings back to bedrock sources [23][20] - The company is currently drilling recently discovered antiform systems believed to have contributed to extensive auriferous placer deposits in Beauce [24][20]
Novo Resources (OTCPK:NSRP.F) 2025 Conference Transcript
2025-09-10 21:45
Summary of Novo Resources Conference Call Company Overview - Novo Resources is a dual-listed company on TSX and ASX, primarily focused on gold exploration and development, with an increasing interest in copper [2][5] - The company aims for a pathway to 1,000,000 ounces of gold and seeks standalone developments [2] Strategic Focus - The exploration strategy emphasizes core greenfields generation and late-stage exploration projects [4] - The company has not raised funds since its ASX dual listing IPO two years ago, indicating a strong balance sheet [3][5] - Current market capitalization is approximately AUD 40 million, with 3.55 million shares issued [5] Project Portfolio - The portfolio includes a mix of early-stage and advanced exploration projects, primarily located in Australia and Canada [4][9] - Key projects include: - **San Cristobal Mining**: A significant liquid investment supporting operations, valued at around AUD 20 million [6] - **New South Wales Projects**: - John Bull and Tipperbura, with promising drilling results and ongoing exploration [10][12] - **Belltopper Project in Victoria**: A small project with potential for high-grade resources, targeting 300,000 to 600,000 ounces [16][17] - **Pilbara Region**: Historically significant for the company, with ongoing exploration and a focus on gold and copper [18][19] Joint Ventures and Collaborations - A joint venture with Northern Star on a project adjacent to the Hemi project, with AUD 25 million committed for 50% ownership [20][21] - The company is exploring various greenfields areas, including Balabala and Sherlock Crossing, with historical mining significance [22][24] Exploration and Drilling Activities - Aggressive drilling programs are planned, with a focus on generating results quickly [30] - Recent drilling in Tipperbura yielded significant grades, indicating potential for multiple pits along a 22-kilometer zone [13] - The company is also exploring antimony targets in the Pilbara, with promising early-stage results [25][26] Financial Health and Shareholder Support - The company maintains a strong balance sheet with approximately AUD 7 million in cash [6] - A robust shareholder register includes notable investors like Northern Star and billionaire geologist Mark Creasy [7][29] Conclusion - Novo Resources is positioned as a high-quality exploration company with a diverse portfolio and a strong focus on advancing projects from greenfields to development stages [27][28] - The company is committed to aggressive exploration and aims to achieve significant discoveries that will enhance shareholder value [30]
Stellar AfricaGold - Structural Mapping Report Supports Expansion Potential at Tichka Est; Drill Campaign Progress Report
Thenewswire· 2025-09-10 21:00
Core Insights - Stellar AfricaGold Inc. has received a final report from Dr. David Selley confirming the exploration potential of Structure B at the Tichka Est Gold Project in Morocco [1][2]. Group 1: Report Findings - The Selley Report provides a comprehensive understanding of the gold potential of Structure B and outlines the regional potential of the Tichka Est Gold Project [2]. - Structure B is located at the intersection of the Tizgui Fault Zone and the Arg-Erdouz Fault Zone, creating a favorable structural setting for gold mineralization [3][4]. - Gold mineralization is associated with quartz-ankerite-arsenopyrite-bearing veins and is marked by deep red limonitic alteration [4]. Group 2: Drilling and Exploration Plans - The company plans to expand its drilling program based on the findings of the report, with three high-priority targets identified for the next phase of drilling [5]. - The identified targets include the junction of Structures B and C, the northern continuation of Structure B, and the junction between Structures A and B [5][6]. - The diamond drilling campaign is ongoing, with the third drill hole reaching a depth of 124 meters as of September 4, and operations are set to resume shortly [11][12]. Group 3: Project Overview - The Tichka Est Gold Project covers an area of 82 km² in the High Atlas region of Morocco, approximately 90 km south of Marrakech [13]. - The project is under an earn-in agreement with Morocco's National Office for Hydrocarbons and Mining, allowing the company to earn an 85% interest after incurring exploration expenditures of US$2.39 million (C$3.5 million) over three years [13]. - Early-stage exploration has identified three gold-bearing zones, with additional anomalous metal zones warranting further exploration [14].
Golden Cross Resources Secures Application over Strategic Strike Expansion at Welcome & Ti Tree Gold Projects, Victoria
Newsfile· 2025-09-04 11:00
Core Viewpoint - Golden Cross Resources has secured an application for Exploration Licence EL008779, expanding its land holdings by 305 km² in Victoria's Lachlan Fold Belt, enhancing its strategic position in gold exploration [2][3][5]. Group 1: Expansion of Land Holdings - The new licence covers approximately 46 km of strike across several key anticlines known for gold mineralization, increasing the company's total land position to over 750 km² in the region [3][5]. - The application consolidates potential strike extensions ahead of initial drill testing of regional targets, particularly in the Reedy Creek Gold Project [3][5]. Group 2: Key Prospective Trends - The application includes several significant trends: Providence Trend (8 km strike), Homewood Trend (9 km strike), Ti Tree Trend (11 km strike), and Welcome Trend (18 km strike) [6][10]. - Historical data indicates that the Providence area yielded over 930 kg (30,000 oz) of gold from 1859 to 1888, while the Welcome Reef produced 1,200 oz of gold averaging 45 g/t [7][9]. Group 3: Strategic Importance - The new application is a crucial step in Golden Cross's strategy to build a pipeline of high-quality exploration targets, particularly adjacent to Southern Cross Gold's Sunday Creek discovery [10][11]. - Management emphasizes the link between gold mineralization and the region's major anticlinal fold trends, indicating a growth phase with ongoing mapping and initial drill testing [11]. Group 4: Marketing Services Agreement - The company has entered into a marketing services agreement with the Oregon Group for a term of 12 months, with a budget starting at US$15,000 and an option to increase to US$45,000 [14][15]. - Oregon specializes in market research and enhancing client visibility, focusing on critical minerals and energy intelligence [17]. Group 5: Company Overview - Golden Cross Resources is a Canadian mineral exploration company focused on advancing its high-grade Reedy Creek gold project in Victoria, Australia, located near Southern Cross Gold's Sunday Creek discovery [18].
Exploits Discovery eyes resource expansion with high-grade gold projects in Eastern Canada
Proactiveinvestors NA· 2025-08-29 18:22
Core Viewpoint - The gold exploration sector is currently favorable, especially for projects in safe jurisdictions, despite inherent challenges in exploration [1] Company Overview - Exploits Discovery Corp is positioned for success with a focus on well-known mining districts in Eastern Canada and has established a historical resource base of nearly 700,000 ounces in under two months [2][4] - The company aims to build itself into a premier gold exploration entity, emphasizing sustained growth and long-term shareholder value [5] Project Highlights - The Hawkins Gold Project in Ontario has a historic inferred resource of approximately 328,000 ounces at 1.65 grams per tonne gold, with mineralization open along strike and at depth [6] - In Québec, the Benoist project has indicated resources of around 134,400 ounces at 2.87 grams per tonne gold and inferred resources of 107,000 ounces at 2.3 grams per tonne [8] - The Fenton project features a non-compliant historical estimate of 426,173 tonnes grading 4.66 grams per tonne gold, with standout results showing 356 grams per tonne gold [10] - In Newfoundland, the company has secured claims along the Appleton Fault Zone and Dog Bay Line, with high-grade assays identified, including 38.2 grams per tonne gold and 67.55 grams per tonne gold [11][12] Future Plans - The company is advancing permitting, prospecting, and geophysical surveys across its properties, with plans to deliver drilling results later in the summer or early autumn [13] - There is an evaluation of joint ventures for non-core assets to focus on high-grade opportunities [14] Competitive Advantages - Exploits Discovery differentiates itself through scale, location, financial flexibility, and upside potential, with a combined historical resource base of approximately 680,000 ounces across four projects [15] - The company is trading at around $6 per ounce of gold in the ground, significantly lower than peers trading between $40 and $50 per ounce, indicating potential for re-rating catalysts [16] Leadership and Backing - The company has a notable backer in Eric Sprott, who owns 14% of shares, signaling confidence in the team and strategy [18] - The leadership team has extensive experience in the mining sector, with backgrounds in major companies and diverse geographical project experience [19][20] Long-term Outlook - The long-term focus is on growing ounces, improving grades, and pursuing new acquisitions and discoveries [21][22]
Gold Hunter Resources ready for next exploration stage in Newfoundland's gold frontier
Proactiveinvestors NA· 2025-08-29 18:18
Core Insights - Gold Hunter Resources Inc is positioned as a significant player in the Newfoundland gold exploration sector, with a focus on delivering shareholder value and leveraging a consolidated land package [1][3][14] Company Overview - The company is centered around the Great Northern Project, which encompasses a 26,000-hectare land package along the Doucers Valley Fault, featuring nearly 500 historical drill holes but with 18 gold-bearing trends remaining largely untested [2][5] - In 2023, Gold Hunter sold its initial asset in Newfoundland for over $30 million, providing immediate value to shareholders through the issuance of FireFly shares [3] Strategic Developments - Gold Hunter has consolidated a 50-kilometre trend along the Doucers Valley Fault through over 10 transactions, marking the first time this corridor has been controlled by a single entity [4][11] - The company has adopted a systematic approach to exploration, drawing on a wealth of historical data and geological expertise to identify high-priority trends [6][8] Technical and Operational Strengths - The company has compiled a comprehensive dataset, including over 36,000 soil samples and 66,000 metres of historical drilling, to inform its exploration strategy [7][8] - Gold Hunter's project benefits from existing infrastructure, including hydroelectric power, highway access, and proximity to a deep-sea port, which enhances operational efficiency [9][10] Team Expertise - The technical team includes experienced geologists with a strong track record in the region, contributing to the company's confidence in unlocking the potential of the Great Northern Project [11][12][13] - The CEO emphasizes the importance of combining national-level discovery experience with local geological knowledge to mitigate exploration risks [13] Future Plans - Gold Hunter is currently conducting a VTEM survey to further refine its exploration targets, with plans to begin drilling in 2025 based on a data-driven approach [14][15]