Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 19, 2025 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce assay results from the first seven holes of the ongoing staged 50,000-meter drill program at Columba High Grade Silver Project, located in Chihuahua, Mexico. Drilling at the project is designed to extend and expand known mineralization on the extensive Columba vein system, which currently hosts an inferred Mineral Resource Est ...

Core Insights - Xali Gold Corp. has completed due diligence site visits for the Pico Machay Gold Project in Central Peru, confirming the quality of historical work and supporting the acquisition through a Share Purchase Agreement with Pan American Silver Corp. [1][2] Group 1: Project Overview - The Pico Machay Project has a historic Measured and Indicated Resource of 264,600 ounces of gold and an additional Historic Inferred Resource of 446,000 ounces of gold [6]. - The alteration footprint of the project is significantly larger than previously understood, measuring approximately 4.1 km by 1.3 km, indicating substantial exploration potential [3]. Group 2: Due Diligence Findings - Three site visits conducted between June and November 2025 have provided strong confidence in the integrity of historical work, with verification of the geological model and drill collar locations [2][4]. - New rock chip samples collected during the site visits confirm both higher-grade and lower-grade gold and silver values, reinforcing the strength of the mineralized system [5]. Group 3: Future Plans - An updated National Instrument 43-101 report is being prepared, which will serve as the foundation for converting the historic mineral resource estimate to a current estimate [2][5]. - The extensive undrilled areas within the alteration system present exceptional opportunities for resource expansion and new discoveries [3].

Core Viewpoint - Defiance Silver Corp. has successfully completed a trench sampling campaign at its San Acacio property in Zacatecas, Mexico, revealing high-grade mineralization that will support an upcoming mineral resource estimate [1][2][25]. Trenching Program Overview - The trenching program covered approximately 2.1 km of the Veta Grande vein system, with 1.1 km of trenching completed, returning grades up to 5180 g/t Ag and 4.85 g/t Au [2][8]. - A total of 76 trenches were excavated in the Almaden-Carolina pits, with most samples returning values over 60 g/t Ag, and trench CHSA-24-32 returning 3.25m grading 354.6 g/t Ag, 4.16 g/t Au, 4.16% Pb, and 0.52% Zn [6][13]. - In the Esperanza-Guadalupe pits, 49 trenches were excavated, with trench CHSA-24-116 yielding the highest silver sample of 5180 g/t Ag over 0.60m [15]. Mineralization Insights - The Veta Grande vein system is characterized by significant silver, zinc, and lead mineralization, with evidence of multiple hydrothermal events [20][14]. - The average grade of the samples collected from the trenching program was 63.0 g/t Ag, with a maximum of 5180 g/t Ag recorded [11][12]. Sampling Summary - The trenching program involved 152 trenches sampled, totaling 1098 meters, with 1016 channel samples collected [11][12]. - The Veta Grande vein samples showed an average grade of 147.5 g/t Ag, while unconsolidated trench debris samples averaged 205.36 g/t Ag [11][14]. Company Progress and Future Outlook - The results from the trenching campaign are expected to enhance the understanding of the surface geology and mineralization, contributing to the company's mineral resource estimate [2][25]. - The high-grade results and continuity between historical open pits indicate significant exploration potential for similar targets within the company's land package in the Zacatecas district [25].

Company Overview - Dateline Resources Limited is an Australian company focused on mining and exploration in North America, owning 100% of the Colosseum Gold-REE Project in California [4]. - The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California, with a JORC-2012 compliant Mineral Resource estimate of 27.1 million tonnes at 1.26 grams per tonne gold, totaling 1.1 million ounces [5]. Recent Developments - On May 23, 2025, Dateline announced updated economics for the Colosseum Gold Project, revealing a net present value (NPV) of US$550 million and an internal rate of return (IRR) of 61% based on a gold price of US$2,900 per ounce [6]. - The company has commenced planning for drill testing the rare earth element (REE) potential at Colosseum, which is located less than 10 kilometers north of the Mountain Pass Rare Earth mine [6]. New Acquisitions - Dateline has acquired the Argos Strontium Project, the largest strontium deposit in the U.S., located in San Bernardino County, California, with previous celestite production grading over 95% SrSO4 [7]. Upcoming Events - Mr. Stephen Baghdadi, Managing Director of Dateline, will present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference on November 19, 2025, at 3:30 PM ET, with opportunities for one-on-one meetings available on November 20, 21, 23, and 24 [1][2].

Core Insights - Magna Mining Inc. has announced a significant Mineral Resource Estimate (MRE) for the Levack Mine, confirming substantial mineralization that can be accessed using existing infrastructure [1][2][4] - The MRE includes over 5.9 million tonnes of contact-type mineralization in the Indicated category and 178,000 tonnes of high-grade mineralization at the Morrison Footwall Cu-PGE deposit [2][4] - The company plans to use the MRE to complete a Preliminary Economic Assessment (PEA) aimed at restarting production and exploring further mineralization [2][6] Mineral Resource Estimate Highlights - The Levack Mine MRE includes 6.1 million tonnes in the Indicated category at 3.5% copper equivalent (CuEq) and 5.2 million tonnes in the Inferred category at 3.6% CuEq [4][9] - High-grade footwall-type deposits contain 368,000 tonnes in the Inferred category at 9.4% CuEq, with the Morrison Footwall Cu-PGE deposit grading 15.5% CuEq [4][10] - The No. 3 Footwall deposit is noted for its rich precious metals content, with significant potential for ongoing exploration [4][10] Future Plans and Developments - The company is preparing to award a contract for the PEA, which will evaluate the potential for accessing shallow deposits and restarting production from the Morrison Footwall Cu-PGE deposit [2][6] - A contractor has been engaged to develop the scope of work for re-establishing hoisting capabilities, with work expected to begin in early 2026 [2][6] - The Levack Mine is positioned as the flagship project for the company, with exploration efforts focused on new copper-precious metals deposits in the footwall environment [5][6]

Core Insights - Kodiak Copper Corp. has engaged Capital Analytica to enhance its investor outreach and communication strategies, aiming for greater market visibility as it approaches a significant milestone with its MPD copper-gold project [1][2]. Group 1: Company Engagement and Strategy - The engagement with Capital Analytica is part of Kodiak's strategy to build long-term value through proactive communication with shareholders and the investment community [2]. - Capital Analytica will provide marketing, social media services, and capital markets consultation for an initial six-month term at a fee of C$150,000, payable in two tranches [2]. Group 2: Project Development and Potential - Kodiak's MPD copper-gold project is located in a mining district with known mineral discoveries and the potential for large-scale deposits [3]. - The company is set to deliver an Initial Resource estimate for the MPD project in 2025, with drilling having outlined seven substantial mineralized zones [3]. - The Initial Resource estimate for the first four mineralized zones was announced in June 2025, highlighting the project's scale and potential [3]. - Kodiak continues to explore the district-scale potential of MPD, with known mineralized zones open for expansion and multiple untested targets [3]. Group 3: Leadership and Background - Kodiak's founder and Chairman, Chris Taylor, is recognized for his success in gold discovery with Great Bear Resources [4]. - The company is part of the Discovery Group, led by John Robins, a prominent figure in the Canadian mining sector [4].

Core Insights - Mayfair Gold Corp. reported its operating and financial results for Q3 2025, focusing on the Fenn-Gib gold project in Northeast Ontario [1][2] - The company completed a $40 million LIFE Offering to fund the advancement of the Fenn-Gib project, including permitting and engineering [2] - A Pre-Feasibility Study (PFS) for a 4,800 tpd open pit operation is underway, with completion expected in Q4 2025 [2][8] Financial Highlights - For the three months ended September 30, 2025, the company reported a loss of CAD 2,241,177 compared to CAD 1,434,837 in the same period of 2024 [7] - The loss per share for Q3 2025 was CAD 0.02, an increase from CAD 0.01 in Q3 2024 [7] - As of September 30, 2025, cash and cash equivalents totaled CAD 41,814,681, significantly up from CAD 9,534,129 a year earlier [7] Project Development - The Fenn-Gib project hosts an Indicated Resource of 181.3 million tonnes grading 0.74 g/t Au, equating to 4.3 million contained gold [8] - A confidence drilling program commenced in October 2025 to refine waste to ore boundaries and enhance grade profile confidence [2] - Formal provincial permitting activities for the project are expected to start in early 2026 [2] Corporate Governance - During the Annual General and Special Meeting on September 4, 2025, shareholders approved the re-election of board members and a new 10% rolling Omnibus Incentive Plan [6]

Core Insights - FireFly Metals Ltd has announced a substantial increase in the Mineral Resource Estimate (MRE) for its Green Bay Copper-Gold Project, with significant growth in both tonnes and grades, particularly in the high-grade core zone [17][18][19] - The updated MRE now stands at 50.4 million tonnes (Mt) at 2.0% copper equivalent (CuEq) in the Measured and Indicated (M&I) categories, and 29.3Mt at 2.5% CuEq in the Inferred category, representing a 35% increase in tonnes and a 51% increase in CuEq metal compared to the previous estimate [18][19][25] - The high-grade core zone includes 8.8Mt at 3.9% CuEq in the M&I category and 10.9Mt at 3.8% CuEq in the Inferred category, which is expected to enhance the project's development potential, especially in the early years of production [12][19][20] Mineral Resource Increase and Upgrade - The MRE reflects a significant increase in contained metals, with copper in the M&I category increasing to 863,000 tonnes (kt), a 113% rise, and gold increasing to 546,000 ounces (koz), a 174% rise [19][21] - The M&I resources now constitute 67% of the total MRE, which is crucial for future economic studies [19][21] - The total discovery cost per estimated tonne of CuEq metal added in this MRE is low at C$25.12 (US$17.83) per tonne, indicating efficient resource growth [21] Drilling and Exploration Activities - FireFly has utilized eight rigs for drilling, with a focus on converting Inferred resources to M&I and discovering new regional targets [16][40] - A total of 242 new holes and 78,165 meters of drilling have been completed since the last MRE, contributing to the updated estimates [69][76] - The company plans to continue drilling into 2026, with a focus on upgrading the Mineral Resource and preparing for a feasibility study expected in the second half of 2026 [40][42] Economic and Development Outlook - Discussions with potential offtake customers and funding entities are progressing well, indicating strong market interest in the project's concentrate [17][48] - The company had A$129.7 million in cash, receivables, and liquid investments as of September 30, 2025, positioning it well for continued exploration and development [54] - The upcoming Preliminary Economic Assessment (PEA) study is planned for completion in the first half of 2026, which will be based on the updated MRE [44][45]

Core Viewpoint - Granada Gold Mine Inc. is engaging Ronacher McKenzie Geoscience Inc. to conduct a structural review of the Granada property, which has significant unexplored potential due to the high gold prices and the under-explored mineralized structure [1][2][3]. Company Overview - Granada Gold Mine Inc. owns 100% of the Granada Gold Property located near Rouyn-Noranda, Quebec, covering 14.73 square kilometers [7]. - The company is currently executing a large drilling program, with 20,000 meters completed out of a planned 120,000 meters [7]. Mineral Resource Estimate - An updated NI 43-101 technical report indicates that the Granada deposit contains 543,000 ounces of gold in the Measured and Indicated category and 456,000 ounces in the Inferred category [5][6]. - The resource estimates are based on a cut-off grade of 0.55 g/t Au for pit-constrained resources and 2.5 g/t Au for underground resources [5]. Exploration Potential - Approximately 80% of the 5.5-kilometer east-west mineralized structure remains unexplored, presenting opportunities for resource increases, especially with gold prices exceeding US$4,000 per ounce [2][3]. - The company has drilled extensively in the southwestern part of the property, aiming to develop a gold resource estimate suitable for open-pit mining [3]. Historical Context - The Granada property has a history of production, including over 50,000 ounces of gold extracted in the 1930s at grades of 10 grams per tonne [9]. - Historical drilling and mapping have identified up to twenty-two mineralized structures trending east-west over the property [8].

Core Insights - Q2 Metals Corp. is advancing its 2025 drilling campaign at the Cisco Lithium Project, with significant progress reported since the last update in September 2025 [2][3] - The drilling program has revealed continued growth potential, with new mineralization discovered beyond previous expectations [4][5] - An inaugural mineral resource estimate is anticipated in Q1 2026, as the company transitions from a conceptual exploration target to a defined resource [5][30] Drilling Progress - A total of 67 drill holes have been completed, amounting to 27,295 meters, with assays pending for holes 40 to 65 [3][6] - Drill hole CS25-065 encountered five spodumene pegmatite intervals, with the widest continuous interval measuring 179.2 meters, extending the known mineralized zone to the north [6][16] - Drill hole CS25-063 intercepted 15 spodumene pegmatite intervals, including a significant 75.4-meter-wide interval, indicating new mineralization areas [6][16] Exploration Target - The initial exploration target estimated a potential mineralization range of 215 to 329 million tonnes at a grade of 1.0 to 1.38% Li2O, based on the first 40 drill holes [12][29] - The exploration target is conceptual and does not confirm the presence of a mineral resource, as further exploration is required to delineate a mineral resource [13][14] Future Plans - The expanded drilling program will continue to tighten drill spacing within the mineralized zone and test additional outcrop zones [17][30] - The company is well-funded to support ongoing exploration and development efforts at the Cisco Project, which remains open in all directions [6][30]