Mineral Resource Estimate
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McFarlane Issues NI 43-101 Mineral Resource Estimate on Its Juby Gold Project
Accessnewswire· 2025-10-07 11:15
Core Insights - McFarlane Lake Mining Limited has announced a Mineral Resource Estimate (MRE) for its Juby Gold project, indicating significant gold resources [1] Resource Estimate - The MRE includes 3.17 million inferred ounces of gold at a grade of 0.89 grams per tonne (gpt) [1] - Additionally, it reports 1.01 million indicated ounces of gold at a grade of 0.98 gpt, based on a long-term gold price of US$2500 per ounce [1] - Under a higher gold price scenario of US$3750 per ounce, the resource could yield 5.42 million ounces at a grade of 0.87 gpt, contained in 194 million tonnes [1] Project Location and Classification - The Juby Gold project is located approximately 15 kilometers west of Gowganda, Ontario, and about 90 kilometers west of Temiskaming Shores, Ontario [1] - The MRE has been classified according to CIM Definition Standards on Mineral Resources and Mineral Reserves, adhering to best practice guidelines [1]
Amargosa Bauxite-Gallium Project Mineral Resource Estimate
Globenewswire· 2025-10-03 12:30
Core Viewpoint - Brazilian Rare Earths Limited (BRE) has announced a Maiden Mineral Resource Estimate at the Amargosa Bauxite-Gallium Project, highlighting a significant bauxite resource with premium alumina grades and substantial contained gallium [1][6]. Bauxite Mineral Resource Estimate - The total mineral resource is estimated at 568 million tonnes (Mt) with a Total Available Alumina (TAA) of 29.8% [2]. - The resource includes 98 Mt of Direct-Ship Bauxite with a TAA of 41.9% and 470 Mt of Beneficiable Bauxite with a TAA of 27.3% [4]. Gallium Mineral Resource Estimate - The project contains 27,098,000 kg of gallium, with an average concentration of 47.7 parts per million (ppm) [2][3]. - Direct-Ship Bauxite has a gallium concentration of 51.6 ppm, while Beneficiable Bauxite has 46.9 ppm [3]. Strategic Importance - The contained gallium positions Amargosa as a key player in emerging supply chains for semiconductors, high-performance permanent magnets, and defense applications [3]. - The low reactive silica index (RSI) of the bauxite enhances alumina recovery and aligns with tightening refinery feed specifications [4]. Logistics and Infrastructure - The project benefits from direct highway access to bulk-export logistics in a Tier-1 jurisdiction, facilitating a capital-efficient direct-ship bauxite operation [7][8]. - A Memorandum of Understanding (MoU) has been signed with the Port of Enseada for mine-to-port export logistics [8]. Growth and Development Pathways - A near-term Scoping Study is planned to explore development pathways and long-term value creation options for Amargosa [7]. - The project has significant exploration upside, supported by historical drilling data, providing potential for further resource expansion [8]. Next Steps - Upcoming initiatives include a Scoping Study by the end of 2025, bauxite upgrade test-work, and resource drilling to assess growth and optimization [8].
PAN GLOBAL AWARDED LARGE, HIGHLY PROSPECTIVE MINERAL RIGHTS' BLOCK CONTIGUOUS TO ESCACENA PROJECT, SOUTHERN SPAIN
Prnewswire· 2025-10-02 17:05
Accessibility StatementSkip Navigation TSXV:Â PGZÂ |Â Â Â OTCQB: PGZFF Â |Â FRA: 2EU VANCOUVER, BC, Oct. 2, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce the award of mineral rights to three contiguous blocks adjoining the Company's 100%-owned Escacena Project ("Escacena") through a competitive public tender process. The new mineral rights expand the Company's landholding at Escacena on the Iberian Pyrite Belt by 74 ...
Erdene Announces Updated Resource for the Zuun Mod Molybdenum-Copper Deposit
Globenewswire· 2025-10-02 11:00
Core Viewpoint - Erdene Resource Development Corp. has announced an updated mineral resource estimate for its Zuun Mod molybdenum-copper project, highlighting its significance as one of Asia's largest undeveloped projects and the growing demand for molybdenum in various industries [2][3]. Company Overview - Erdene Resource Development Corp. is a Canada-based resource company focused on gold production at the Bayan Khundii Gold Mine in Mongolia, with interests in a portfolio of precious and base metal projects [20]. Mineral Resource Estimate Update - The updated mineral resource estimate (MRE) for Zuun Mod shows a 50% increase in reported resources compared to the 2011 estimate, with significant increases in both molybdenum and copper resources [7][14]. - The MRE includes a 22% increase in Measured and Indicated molybdenum resources to 333 million pounds and a 95% increase in Inferred molybdenum resources to 300 million pounds [7][14]. - Copper resources also saw a 16% increase in Measured and Indicated resources to 384 million pounds and a 75% increase in Inferred resources to 350 million pounds [7][14]. Project Location and Infrastructure - The Zuun Mod project is located in the Khundii Minerals District of Mongolia, approximately 35 kilometers from Erdene's Bayan Khundii Gold Mine and 180 kilometers from China, the largest consumer of molybdenum [3][9]. - The project benefits from a growing infrastructure in the region, which is crucial for its development and accessibility [3][9]. Future Exploration and Development Plans - The company plans to conduct drilling in Q4 2025 to explore expansion opportunities and copper targets within the porphyry complex [7][10]. - Upcoming work will also include process testing, infrastructure evaluations, and marketing studies to advance the project [12]. Molybdenum Market Outlook - Molybdenum is increasingly valued in various sectors, including aerospace, defense, and advanced electronics, with a bullish outlook for demand due to its critical properties [3][13]. - The project is strategically positioned to supply molybdenum to nearby markets in China, South Korea, and Japan, where processing capacity is expanding [16].
Western Exploration Files Amended NI 43-101 Technical Report for the AURA Gold Silver Project
Newsfile· 2025-10-01 21:00
Core Insights - Western Exploration Inc. has filed an amended technical report for the Aura Gold-Silver Project, which includes a revised all-in sustaining cost for the "Base Case" from $1,152 to $1,172 per gold ounce, with no impact on capital costs or economic results [1][5]. Summary by Sections Technical Report Filing - The amended technical report, titled "Preliminary Economic Assessment of the Doby George Deposits and Updated Resource Estimate for the Gravel Creek Gold-Silver Deposits," was filed on SEDAR+ and is effective as of June 17, 2025 [2]. - This report supersedes all previous technical reports for the Aura Project, including the initial technical report dated June 17, 2025 [2]. Economic Assessment - The amended report confirms the economic assessment results from the initial technical report and the previous news releases, with no changes to the underlying inputs or economic outcomes [3][5]. - Key economic metrics for the Doby George 2025 PEA include: - Base Case Gold Price: $2,150 per ounce - Average Annual Operating Cash Flow: $63.3 million - Pre-Tax NCF: $132.4 million - Pre-Tax NPV5: $94.7 million - Pre-Tax IRR: 31.8% [4]. Project Costs - The project capital costs are detailed as follows: - Pre-Production Costs: $127.6 million - LOM Sustaining Costs: $10.5 million [6]. - Operating costs are summarized as: - Total LOM Operating Costs: $253.6 million - Per Tonne Processed: $22.24 [7]. Technical Information - The mineral resource estimate was prepared by qualified persons from RESPEC and KCA, ensuring compliance with NI 43-101 standards [8][9]. - The Aura Project includes three deposits: Doby George, Gravel Creek, and Wood Gulch, located approximately 120 kilometers north of Elko, Nevada [10].
Doubleview Gold Corp Announces Increased Footprint and Potential Volume at Its Hat Polymetallic Deposit in Northwestern British Columbia
Newsfile· 2025-10-01 11:45
Core Insights - Doubleview Gold Corp. has announced significant assay results from recent drill holes at its Hat Project, indicating an increased footprint and potential volume of the polymetallic deposit in Northwestern British Columbia [2][5][18] Summary by Sections Assay Results - Recent drill holes H093, H094, H095, and H096 have shown promising results, with significant copper equivalent (CuEq) values reported [3][5] - Notable intercepts include: - H093: 640.7m with 0.34% CuEq, including 133m with 1.03% CuEq [5] - H094: 510.0m with 0.22% CuEq [5] - H095: 110m with 0.91% CuEq [5] - H096: 681.4m with 0.37% CuEq, including 71.0m with 1.01% CuEq [5] Expansion of Mineralized Zone - The drilling results have expanded the apparent volume of the mineralized zone, extending beyond the previously outlined conceptual pit wall [5][12] - The footprint of the deposit has increased by approximately 400m x 330m [5][12] Future Assessments - The results will be incorporated into the ongoing Preliminary Economic Assessment (PEA) and a revised Mineral Resource Estimate (MRE) [5][18] - Additional assay data is expected to be released soon as drilling continues [5][18] Company Overview - Doubleview Gold Corp. is focused on the exploration and development of critical minerals, including copper, gold, cobalt, and scandium [25][27] - The Hat Deposit is recognized as a significant source of critical minerals in the region, with a resource estimate indicating substantial tonnage and metal content [27][28]
Sierra Madre Announces Nazareno Silver and Gold Mine Preparing for Production
Newsfile· 2025-09-30 11:00
Core Insights - Sierra Madre Gold and Silver Ltd. has commenced underground development at the Nazareno silver and gold mine within the La Guitarra complex in Mexico, with over 700 tonnes of mineralized material already delivered to the processing plant [1][2] - The company anticipates that Nazareno will significantly contribute to silver and gold production, with plans to more than double processing capacity from 500 tonnes per day by Q3 2027 [2] - Recent development blasting has revealed multiple silver and gold-bearing veins merging into a zone up to 8 meters wide, indicating potential for increased resource extraction [2][7] Mineral Resource Estimate - The 2023 Mineral Resource Estimate for Nazareno includes: - Indicated: 309,877 tonnes with 257.3 g/t AgEq, 214.9 g/t Ag, and 0.55 g/t Au, totaling 2,564,000 AgEq ounces - Inferred: 753,784 tonnes with 251.5 g/t AgEq, 229.2 g/t Ag, and 0.29 g/t Au, totaling 6,096,000 AgEq ounces [4][6] Production Grades - A reconciliation of the silver-gold material produced from development blasting shows that production silver grades are 40% higher and gold grades are 30% higher than those in the 2023 resource model [3][4] Development Plans - Initial development work at Nazareno will involve blasting to fully expose the mineralized zone and assessing the feasibility of long hole mining [7] - The company has acquired a new Ingertrol Sandy 50 drill rig to enhance drilling capabilities, which will reduce development costs by allowing for shorter drilling from a single drive [10][11] Marketing and Social Media Engagement - Sierra Madre has engaged Capital Analytica for marketing and social media services for an initial six-month term at a fee of $120,000 (U.S.), subject to TSX-V approval [12]
Q2 Metals Reports Multiple Wide, Mineralized Intercepts at the Cisco Lithium Project, Including 272.5 Metres at 1.61% Li20
Globenewswire· 2025-09-29 11:00
Highlights: Three (3) drill holes from the 2025 drill program with strong analytical results are reported herein: CS25-036: nine (9) separate intervals, the widest being 272.5 m at 1.61% Li2O. CS25-038: 17 separate intervals, the widest being 66.5 m at 1.55% Li2O and 58.9 m at 1.09% Li2O. CS25-039: 12 separate intervals, including: 108.5 m at 1.62% Li2O,71.0 m at 1.84% Li2O, 77.7 m at 1.48% Li2O, and107.4 m at 1.87% Li2O Three (3) drill rigs continue to operate on the Cisco Project, with a fourth schedul ...
Renforth Declares Initial Victoria Nickel Polymetallic Mineral Resource Estimate in Malartic, Quebec of 125 Million Tonnes Grading 0.15% NiEq in an Open Pit
Thenewswire· 2025-09-26 12:00
Initial Mineral Resource calculated using ~10,000m of drilling over 2.5km strike length within a ~20km long structure, Mineral Resource open on strike Deepest drill hole pierce point is 320m below surface, the Deposit is open at depth Mineralization is hosted in interlayered ultramafic (nickel, cobalt, platinum and palladium) and black shale (zinc, copper, silver and gold) bands, with up to three stacked horizons, intersected on ...
G2 Goldfields Closes C$49.5 Million Private Placement
Globenewswire· 2025-09-25 20:59
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO; OTCQX:GUYGF) is pleased to announce that it has completed the non-brokered private placement announced by the Company on September 11, 2025 (the “Offering”). The Offering consisted of 15,000,000 common shares of the Company (the “Shares”) at a price of C$3.30 per Share, for aggregate gross proceeds of C$49,500,000. The net pro ...