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Miata Metals Begins Drilling at Puma Target Following High Grade Surface Results on Sela Creek Gold Project
Globenewswire· 2025-06-24 12:20
Core Insights - Miata Metals Corp. has commenced drilling at the Puma Target, which is one of its highest-priority targets, following the completion of drilling at the Golden Hand Target [1][5][11] - The Puma Target is characterized by a significant strike length of approximately 2.7 km and a width of 400 m, indicating a potentially rich gold system [2][6] - The company plans to drill a minimum of 2,000 meters at Puma as part of a larger 10,000-meter drilling program, with further allocations based on results [3][5] Exploration Details - The Puma Target has never been drilled before and is supported by high-quality data, including historical channel samples that returned grades of 3.12 g/t Au over 8 m and 4.07 g/t Au over 5 m, along with recent grab samples showing 194.2 g/t Au and 39.16 g/t Au [7] - Recent geological mapping has identified new mineralized structures at Puma, enhancing the understanding of its potential [7][11] - The exploration at Golden Hand has refined the geological model, which is now informing the targeting strategy at Puma [11] Project Overview - Miata Metals Corp. holds a 70% interest in the Sela Creek Gold Project, which spans approximately 215 km, and has an option to acquire a full 100% interest [14] - The Sela Creek area has a history of shallow artisanal mining, with less than 10% of the area drill-tested at depth, indicating significant potential for further discoveries [3][11] - The Puma Target is strategically located near the Central Guyana Shear Zone, a key structure for gold mineralization in the region [8]
Labrador Gold Appoints Ryan Weston Vice President of Exploration
Globenewswire· 2025-06-24 11:30
Company Overview - Labrador Gold Corp. is a Canadian mineral exploration company focused on acquiring and exploring gold projects in Eastern Canada [4] - The company currently has approximately CAD $18.1 million in cash [4] - Labrador Gold has 170,009,979 common shares issued and outstanding, trading on the TSX Venture Exchange under the symbol LAB [7] Leadership Appointment - Ryan Weston has been appointed as Vice President Exploration, bringing over 20 years of global experience in base and precious metals exploration [2] - Weston previously played key roles in the successful sales of Carlisle Goldfields for CAD $28 million in 2016 and Noront Resources for CAD $686 million in 2022 [2] - He has served as Vice President Exploration at Wyloo, leading initiatives in Ontario's Ring of Fire region [2] Strategic Vision - Weston expressed confidence in Labrador Gold's strong position to pursue major gold discoveries without the immediate need for additional financing [3] - The company aims to leverage Weston's extensive experience in leading technical teams for new gold projects [3] Exploration Projects - The Hopedale property covers a significant portion of the Florence Lake greenstone belt, which is underexplored compared to similar global belts [5] - Labrador Gold has identified gold anomalies over a 3-kilometer section of the northern part of the Florence Lake greenstone belt, with five gold occurrences discovered [5] - The Borden Lake project near Chapleau, Ontario, has shown promising results with up to 48 gold grains identified in till samples [6]
Onyx Gold Continues to Consolidate Key Ground at Munro-Croesus with Strategic Acquisitions
Newsfile· 2025-06-24 11:00
Core Viewpoint - Onyx Gold Corp. is expanding its land holdings in the Munro-Croesus Project through strategic acquisitions, enhancing its position as a leading gold explorer in the Timmins Camp [1][2][3]. Group 1: Strategic Acquisitions - The company has signed purchase agreements to acquire a 100% interest in the Munro Property (227 hectares) and the Hewitt Property, increasing the total project land holdings to 10,921 hectares (109 km²) [1][2][4]. - The Munro Property is strategically located within the Munro-Croesus Project and covers the northwestern extension of the Croesus Flow, which is known for hosting the historic high-grade Croesus Mine [4][5]. - The acquisition of the Hewitt Property includes gold-bearing mineralization with grab samples yielding up to 15.7 g/t Au [6][7]. Group 2: Financial Terms - The total consideration for the Munro Property is $300,000, payable in two staged cash payments over 12 months, subject to satisfactory due diligence [5]. - For the Hewitt Property, the company will pay $20,000 and issue 75,000 common shares, along with a 1.0% net smelter returns royalty to the vendor [7]. Group 3: Future Exploration Plans - The acquisitions are expected to unlock additional high-impact drill targets for future exploration, particularly along the Croesus Flow [3][4]. - The Munro-Croesus Project is located in a highly prospective geological area, with significant nearby bulk-tonnage gold deposits [16]. Group 4: Company Overview - Onyx Gold is focused on exploration in well-established Canadian mining jurisdictions, with a portfolio that includes the Munro-Croesus Gold property and other exploration properties in Timmins and Yukon Territory [17][18].
Precore Gold Announces Appointment of Jacques Trottier, PhD as Head of Its Advisory Board
Globenewswire· 2025-05-21 09:00
Core Insights - Precore Gold Corp. has appointed Mr. Jacques Trottier, PhD, as head of its Advisory Board, bringing over 35 years of experience in geology and mining [1][4] - Mr. Trottier is recognized for significant gold discoveries, including over 1 million ounces at the Perron Gold Project in Quebec, with an average diluted grade of 5.26 grams per tonne [2][3] - The company is focused on exploration projects with strong gold discovery potential, aiming to generate shareholder returns in politically stable, mining-friendly jurisdictions [7][8] Company Background - Precore Gold Corp. is a Canadian junior gold exploration company dedicated to building a solid portfolio of exploration projects [7] - The company emphasizes environmental, social, and corporate governance (ESG) standards in its operations [8] Mr. Jacques Trottier's Contributions - Mr. Trottier has a proven track record, having discovered two copper-gold porphyry systems in Peru and the Shahuindo Gold Mine, which produces approximately 135,000 ounces of gold per year [3][4] - His familiarity with the Arikepay Project in Peru is expected to enhance the company's exploration efforts, with potential for new gold discoveries [5][6] Leadership Statements - The Executive Chairman of Precore Gold expressed confidence in Mr. Trottier's contributions, highlighting his leadership qualities and industry connections [5][6] - The company anticipates that the combined expertise of its executive team will lead to significant gold discoveries and benefits for shareholders [6]
Midland Commences a Gold Exploration Program on Its Caniapisc Au Project, James Bay
Globenewswire· 2025-05-20 11:30
Core Viewpoint - Midland Exploration Inc. has initiated an exploration program for gold at its Caniapisc Au project, which includes geological mapping, prospecting, and an extensive soil sampling program to validate historical gold anomalies and assess the project's gold potential [1][3][5]. Exploration Program - The summer 2025 exploration program is set to begin in early June, involving geological mapping and a soil sampling program with a total of 400 soil samples planned at 200-meter spacing along lines spaced at 400 meters [3]. - A reconnaissance campaign in 2024 validated three historical till gold anomalies and conducted a geological assessment, completing a survey with five till samples [4]. Geological Findings - Results from the five till samples confirmed historical gold anomalies, with one sample returning 100 gold grains per 10 kg of till, indicating a strong anomaly [5]. - Additional samples showed 59 gold grains per 10 kg of till, with three strong gold anomalies observed in the fine fraction of the till, suggesting multiple distinct gold sources in the area [5]. Prospecting Results - Prospecting work in 2024 identified boulder fields and outcrops, with 47 out of 55 grab samples collected near historical gold anomalous tills yielding anomalous gold values ranging from 0.10 to 0.75 g/t Au [6]. - The mineralization is primarily associated with sedimentary host rocks, with pyrite and silica alteration being prevalent [6]. Project Location and Geological Context - The Caniapisc Au project is located within the Ashuanipi Subprovince, characterized by a volcanosedimentary belt, and is strategically positioned north of historical mineralization showings [7]. - Historical exploration has indicated the potential for various mineralization types in the surrounding area, including volcanogenic and porphyry deposits [7]. Quality Control and Analysis - Rock samples from the project were analyzed using industry-standard methods, ensuring quality control through the use of standards and blanks [8][9].
StrikePoint to Present at the Precious Metals & Critical Metals Hybrid Investor Conference on May 22nd
GlobeNewswire News Room· 2025-05-15 12:35
Company Overview - StrikePoint Gold is a multi-asset gold exploration company based in Vancouver, BC, focusing on building precious metals resources in the Western United States and Canada [3][4] - The company is rapidly becoming one of the largest holders of mineral claims within the Walker Lane of Nevada, with approximately 145 square kilometers of prospective geology under claim [5] Leadership and Expertise - CEO Michael G. Allen has 15 years of experience in the Walker Lane, with notable transactions including the acquisition of the Sterling Gold Project and the sale of Northern Empire to Coeur Mining for approximately $120 million [4] - The management and board of StrikePoint possess strong expertise in exploration, finance, and engineering [5] Recent Developments - StrikePoint recently signed a definitive agreement to sell a BC property for C$1.1 million [9] - The company has reported drilling broad zones of near-surface oxide gold at the Hercules Gold Project in Nevada [9] Upcoming Events - CEO Michael G. Allen will present live at the Precious Metals & Critical Metals Hybrid Investor Conference on May 22nd, 2025, at 10:00 AM ET [1][2] - The event will allow investors to engage with the company in real-time, with an archived webcast available for those unable to attend live [2]
Novo Resources Releases Updated Corporate Presentation
Globenewswire· 2025-05-06 12:00
Core Viewpoint - Novo Resources Corp. has released an updated corporate presentation highlighting its strategic priorities, exploration results, project advancements, and near-term catalysts, providing investors with insights into its growth strategy and gold asset portfolio [1][2]. Group 1: Strategic Priorities and Exploration - The updated corporate presentation reflects significant progress in Novo's exploration portfolio, emphasizing the company's focus on disciplined growth and long-term shareholder value [2]. - Novo is an Australian gold explorer with a land package of approximately 5,500 square kilometers in the Pilbara region and an additional 22 square kilometers in the Bendigo Tectonic Zone of Victoria, targeting standalone gold projects with over 1 million ounces (Moz) development potential [2]. Group 2: Key Projects and Joint Ventures - The Egina Gold Camp in the Pilbara is a key project area, where De Grey Mining is forming a joint venture at the Becher Project through an exploration expenditure of A$25 million over four years for a 50% interest, with geological similarities to De Grey's 12.7 Moz Hemi Project [3]. - Novo is advancing gold exploration south of Becher in the Egina Gold Camp as part of the Croydon joint venture, where Novo holds a 70% interest [3]. - A lithium joint venture with SQM in the Pilbara has been established, providing shareholders with exposure to battery metals [4]. Group 3: Recent Additions to Portfolio - Novo has strengthened its exploration portfolio by adding the TechGen John Bull Gold Project in New South Wales and the Manhattan Tibooburra Gold Project in the Albert Goldfields, both of which show potential for significant discovery and align with the company's strategy of identifying projects with over 1 Moz gold potential [5]. - These high-grade gold projects complement the landholding consolidation that forms the Toolunga Project in the Onslow District of Western Australia [5]. Group 4: Investment Strategy - Novo has a significant investment portfolio and a disciplined program to identify value-accretive opportunities aimed at building further value for shareholders [6].
GoldHaven Appoints Brazilian Country Manager
Globenewswire· 2025-04-24 13:00
VANCOUVER, British Columbia, April 24, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce that it has appointed Jonathan Victor Hill as its Brazilian Country Manager. Mr. Hill is the Founder & Principal Advisor of Exploration Outcomes Ltda. with +40 years' experience, leading exploration, project development and mining operations globally. Mr. Hill holds a BSc (Hons) Economic Geology from University of Cape Town, Sout ...
Novo Resources Corp. Unveils New Corporate Presentation for Investors
Globenewswire· 2025-04-09 19:45
Core Viewpoint - Novo Resources Corp. has launched an updated corporate presentation to provide investors with insights into its growth strategy and key projects in its Australian gold exploration portfolio [1][2][3]. Company Overview - Novo Resources is an Australian-based gold explorer listed on ASX and TSX, focusing on discovering standalone gold projects with over 1 million ounces (Moz) development potential [5]. - The company holds a significant land package of approximately 5,500 square kilometers in the Pilbara region of Western Australia and an additional 22 square kilometers at the Belltopper project in Victoria, Australia [5]. Key Projects - The Egina Gold Camp is a primary project area where De Grey Mining is forming a joint venture (JV) at the Becher Project, committing A$25 million over four years for a 50% interest [6]. - Novo is also advancing exploration south of Becher in the Egina Gold Camp and has a lithium joint venture with SQM in the Pilbara, providing exposure to battery metals [7]. - Recently, Novo added the TechGen John Bull Gold Project and the Manhattan Tibooburra Gold Project to its portfolio, both of which show potential for significant discoveries and align with the company's strategy of identifying projects with over 1 Moz Au potential [8]. Investment Strategy - Novo has a disciplined program in place to identify value-accretive opportunities that will enhance shareholder value [9].
Promising Surface Exploration Informs Tibooburra RC Drilling Program
Globenewswire· 2025-04-01 14:03
Core Viewpoint - Novo Resources Corp. is set to commence a Reverse Circulation (RC) drill program at the Clone prospect, part of the Tibooburra Gold Project in northwestern New South Wales, aiming to explore high-grade gold targets identified through recent exploration activities [2][3][4]. Exploration and Drilling Plans - The RC drill program, approximately 2,000 meters in length, is scheduled to begin in April 2025, focusing on several priority gold targets identified during a recent reconnaissance program [3][10][29]. - The Clone prospect has shown promising results from previous drilling, including peak results of 89.6 g/t Au and 41.9 g/t Au from rock chip samples, indicating significant gold mineralization potential [4][23][49]. Geological and Sampling Insights - Recent exploration activities included detailed structural and lithological mapping, pXRF, and soil sampling, which defined a coherent gold anomaly over a length of approximately 600 meters with peak results of 1,585 ppb Au [4][22][28]. - Geological mapping has identified a west-dipping thrust (Clone Thrust) associated with high-grade gold mineralization, with extensive historical workings over a strike length of approximately 450 meters [4][19][12]. Historical Context and Potential - The Tibooburra Gold Project encompasses much of the historic Albert Goldfield, with over 200 historic workings delineating more than 34 kilometers of interpreted mineralized trends [7][12]. - The area remains significantly under-explored, with opportunities for potential 'blind discoveries' due to cover sediments extending for up to 15 kilometers over the prospective target basement corridor [14][12]. Strategic Partnerships and Agreements - Novo has an agreement with Manhattan Corporation Limited, granting an option to acquire a 70% interest in the tenements comprising the Tibooburra Gold Project, contingent upon meeting minimum expenditure requirements [8][42].