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Armory Mining Engages Castello Q Exploration for Ammo Antimony-Gold Work Program
Thenewswire· 2025-12-22 08:05
Core Viewpoint - Armory Mining Corp. has engaged Castello Q Exploration Corp to initiate a phase one work program at its Ammo Antimony-Gold project in Nova Scotia, Canada, focusing on minerals critical to energy, security, and defense sectors [1]. Group 1: Project Overview - The Ammo project encompasses a 3,092-hectare exploration area that is contiguous to the historical West Gore antimony-gold mine, which produced significant amounts of antimony and gold prior to World War I [2]. - Historical production records from West Gore indicate nearly 32,000 metric tons of output between 1914-1917, yielding over 7,000 metric tons of antimony concentrate with a grade of 46% and a total of 6,861 ounces of gold recovered by 1917 [3]. Group 2: Exploration Program - The initial phase one exploration program will include data compilation, prospecting, reconnaissance, detailed surface sampling, and geophysics to identify favorable geology and prioritize drill targets [5]. - The company has allocated a budget of up to $656,000 CAD for this initial phase of exploration [5]. Group 3: Company Background - Armory Mining Corp. is a Canadian exploration company focused on minerals essential for the energy, security, and defense sectors, holding a 100% interest in both the Ammo antimony-gold project and the Riley Creek antimony-gold project in British Columbia [8].
C3 Metals hits copper in first hole at Khaleesi - ICYMI
Proactiveinvestors NA· 2025-12-20 14:06
Core Insights - C3 Metals Inc has reported promising results from its first drill hole at the Khaleesi target in southern Peru, located approximately eight kilometers west of the Montaña de Cobre resource, which contains 52 million tonnes at 0.5% copper and 0.2g/t gold [1][3] Summary by Sections Drill Results - The initial drill hole intercepted 269 meters at 0.3% copper, with additional by-product credits of gold, molybdenum, and silver [1][5] - A magnetite skarn zone was encountered, which increased the copper grade by 37% to 0.41% over a 60-meter interval [2][5] Geological Context - The Khaleesi project is situated in a world-class copper-producing belt, with proximity to major mines such as MMG's Las Bambas and Hudbay's Constancia [4] - The geological model includes a skarn on the western side and a batholith with porphyry-style mineralization on the eastern side, with glacial till in between [6] Future Exploration Plans - The company plans to conduct a total of 6,000 meters of drilling, with adjustments made based on visual information and mineralization observed during drilling [7][8] - The identification of the magnetite skarn beneath the glacial till allows for the potential extension of mineralization closer to the surface, which could improve future mine planning [8] Economic Considerations - The company emphasizes the importance of understanding tonnage and grade economics from the outset, with ongoing assessments based on geological mapping and geophysical data [9][10] - The target remains large, and the company is optimistic about the results from the first hole, with additional drilling planned [10]
Askari to drill Nejo gold project in early 2026 - ICYMI
Proactiveinvestors NA· 2025-12-19 06:14
Core Viewpoint - Askari Metals Ltd is set to commence drilling at its Nejo Gold Project in Ethiopia, with mobilization planned for early 2026, following positive discussions with government officials [1][6]. Group 1: Drilling and Exploration Plans - The Phase 1 drill program will target the Goodi-Goodi 1 and 2 areas along a nine-kilometre mineralised corridor, focusing on validating historical drill results and expanding mineralised zones [2][7]. - In addition to drilling, the company will conduct trenching, infill sampling, and geophysics, with a focus on both gold and the high-grade copper target known as Katta [2][8]. - Mobilization of crews and equipment is expected to begin early in the new year, with drilling and related exploration activities running in parallel [3][7]. Group 2: Project Updates and Market Context - Askari will also resume exploration at the Uis Project in Namibia, where tin mineralisation is a key focus, supported by strong tin prices [3][8]. - The next six months are anticipated to be busy for the company, with multiple exploration campaigns expected to provide consistent updates for shareholders [4][8]. - The company aims to validate historical results and uncover new mineralised zones through targeted drilling across both projects [4].
Advanced Gold Announces Stock Options
TMX Newsfile· 2025-12-17 22:15
Group 1 - Advanced Gold Exploration Inc. has granted 500,000 incentive stock options to directors, officers, and consultants, exercisable at $0.15 per share for two years, pending regulatory approval [1] - The company focuses on identifying and acquiring undervalued gold and copper properties in Canada, aiming to enhance their economic value [2] - The purpose of the company is to deliver immediate and long-term value to its partners and shareholders [2]
Yukon Metals Announces CEO Transition
Globenewswire· 2025-12-17 20:01
Core Viewpoint - Yukon Metals Corp. has appointed Jim Coates as Interim Chief Executive Officer following the resignation of Rory Quinn, with the Board initiating a search for a permanent successor [1][2]. Group 1: Leadership Transition - Jim Coates, previously Executive Vice President and a Director, will take over as Interim CEO immediately [1]. - Rory Quinn has resigned from his roles as President, CEO, and Director, and the Board expresses gratitude for his contributions [2]. - The Board aims to transition leadership to capitalize on the opportunities presented by Yukon Metals' land assets and workforce [2]. Group 2: Company Overview - Yukon Metals is an exploration company with a portfolio of 17 projects covering over 43,000 hectares, focusing on copper, gold, silver, and critical metals [3]. - The company is advancing high-priority drill targets at the Birch and AZ copper-gold systems and the Star River gold-silver project while also conducting generative exploration [3]. - The leadership team possesses extensive technical, financial, and regional expertise, positioning the company to unlock new mineral discoveries in Yukon [3]. Group 3: Community and Shareholder Engagement - Yukon Metals is committed to sustainable growth and prosperity within local communities while enhancing shareholder value [4]. - The company's strategy emphasizes inclusiveness and shared prosperity, allowing local community members and investors to benefit from its success [4].
Tier One Silver Extends Community Partnership at Curibaya and Prepares for Next Phase of Drilling and Exploration
TMX Newsfile· 2025-12-16 12:00
Core Viewpoint - Tier One Silver Inc. has renewed its social access agreement with the Chipispaya community for its Curibaya project in Peru, which is crucial for advancing exploration and drilling activities [1][2]. Group 1: Agreement and Community Engagement - The renewed social access agreement is effective until June 11, 2026, and can be extended with community assembly approval [1]. - The company has committed to supporting local employment and training initiatives as part of the agreement [1]. Group 2: Exploration Potential - The Curibaya project spans 17,000 hectares and is located on a prolific copper porphyry belt, showcasing high-grade silver, gold, and copper exploration potential [2]. - Six distinct high-grade silver-gold mineralized corridors and a compelling copper porphyry target have been identified, although only a small portion of the property has been explored [2]. - The next drilling campaign is planned to start in Q1 2026, focusing on expanding the highest-priority silver-gold target in the Cambaya area [2]. Group 3: Company Overview - Tier One Silver is focused on discovering world-class silver, gold, and copper deposits in South America, with a strong track record in capital raising and exploration success [3]. - The company is also reviewing other resource projects in South America to build a pipeline of prospects for future exploration [3].
Pacific Ridge Signs Exploration Agreements with Takla Nation for Kliyul and RDP
TMX Newsfile· 2025-12-16 12:00
Core Viewpoint - Pacific Ridge Exploration Ltd. has entered into Exploration Agreements with Takla Nation for the Kliyul and RDP copper-gold projects in Northcentral British Columbia, establishing a cooperative relationship for project advancement [1][2]. Group 1: Kliyul Project - The Kliyul project is 100% owned by Pacific Ridge and is located in the Quesnel Terrane, featuring existing infrastructure. The Kliyul Main Zone hosts an Inferred Mineral Resource of 334.1 million tonnes grading 0.33% copper equivalent, which includes 1.11 billion pounds of copper, 2.74 million ounces of gold, and 10.22 million ounces of silver [4][8]. - The Kliyul Main Zone remains open for expansion along a 6-km long mineralized trend [4]. Group 2: RDP Project - The RDP project is also 100% owned by Pacific Ridge and is situated in the Golden Horseshoe area, 40 km west of Kliyul. In 2025, five drill holes were completed at the Day target, with drill hole RDP-25-011 returning 112.2 meters of 1.35% copper equivalent, marking the best intercept recorded at RDP [6][8]. - The previous best intercept was 107.2 meters of 1.39% copper equivalent, indicating significant improvement in drilling results [6]. Group 3: Company Overview - Pacific Ridge aims to become the leading copper exploration company in British Columbia, with a project portfolio that includes Kliyul, RDP, Chuchi, Onjo, and Redton copper-gold projects [8]. - The company acknowledges that its projects are located in the traditional territories of several Indigenous nations, including the Gitxsan Nation and Takla Nation [8].
Pecoy Copper Commences First Drill Campaign at Flagship Pecoy Project
Globenewswire· 2025-12-16 12:00
Core Viewpoint - Pecoy Copper Corp. has commenced its first drilling exploration program at the Pecoy Project since 2016, with a second drill expected to start shortly, marking a significant milestone for the company [1][2]. Group 1: Drilling Program Details - The first drill hole (PEC25-065) is targeting high-grade continuity at depth in the South Breccia zone, with assay results to be released upon validation [2][6]. - A second drill rig is mobilizing to target the Center Pit zone, allowing for systematic testing of high-priority targets across multiple identified zones [6]. - The multi-phased drill program aims to evaluate several targets for resource confirmation, re-classification, and expansion, particularly in the South Breccia area [2][4]. Group 2: Geological Review and Exploration Strategy - A comprehensive geological review of the Pecoy deposit and the Tororume project has been completed, enhancing the understanding of both systems [4][5]. - The updated geological framework will inform the sequencing and tempo of the upcoming drill program and refine exploration targeting across the project [5]. - Historical drilling has defined a broad and continuous mineralized system with potential for expansion, with less than 49,000 meters of historical drilling completed to date [13]. Group 3: Project Overview and Infrastructure - The Pecoy Project spans 9,975 hectares and is located in southern Peru's Arequipa region, hosting a current inferred copper resource of 865 million tonnes at 0.34% Cu, along with significant gold, molybdenum, and silver credits [12][14]. - The project benefits from favorable elevation and excellent infrastructure, including proximity to highways, power lines, and deep-water ports, facilitating efficient advancement from exploration to future development [14].
Japan Gold Completes CSAMT/AMT Geophysical Survey at Hakuryu Project to Refine Drill Targeting
TMX Newsfile· 2025-12-15 13:00
Core Viewpoint - Japan Gold Corp. has successfully completed a geophysical survey at its Hakuryu Project, which will enhance exploration targeting for future drilling campaigns [1][2]. Company Overview - Japan Gold Corp. is a Canadian mineral company focused on exploring high-grade epithermal gold deposits across Japan, holding a significant portfolio of tenements in areas with known gold occurrences [6]. Survey Details - A 34 line-kilometre Controlled-Source Audio Magnetotellurics (CSAMT) and natural source (AMT) geophysical survey was conducted at the Hakuryu Project, producing high-resolution images of subsurface geology [1][2]. - The survey data will refine drill hole locations and support more precise exploration targeting in the next drilling campaign [2]. Drilling Results - The next drilling phase will build on positive results from 2025, including drill hole DDH-HAK-001, which returned 24.10 g/t Au over 0.60 metres, indicating potential for high-grade mineralization [3][8]. - Initial drilling at Hakuryu commenced in April 2025, with significant assay results indicating anomalous gold mineralization associated with a hydrothermal brecciation zone [8]. Project Highlights - The Hakuryu Project is located at the southern end of the Konomai gold field, which historically produced 2.35 million ounces of gold at an average grade of 6.4 g/t [8]. - The mineralization in drill holes DDH-HAK-001 and DDH-HAK-002 indicates continuity over 145 metres of strike, associated with a structural zone that extends for over 5 km [8].
Almadex Commences Diamond Drilling at The New Hope Copper Porphyry Project, Arizona, USA and Grants Stock Options
Globenewswire· 2025-12-15 12:30
Core Viewpoint - Almadex Minerals Ltd. has initiated a scout exploration drill program at its New Hope copper-gold porphyry prospect in Arizona, with the first hole expected to be completed after the Christmas break, and further drilling plans will be based on geological observations from this initial hole [1][2]. Group 1: Exploration Program - The exploration program at New Hope utilizes combined target vectoring techniques, including alteration and geological mapping, fluid inclusion petrography, geochemistry, and geophysics [2]. - The initial drill hole is not anticipated to be completed before the Christmas break, with further drilling plans to be determined in the New Year based on geological findings [1][2]. Group 2: Company Information - Almadex Minerals Ltd. is an exploration company with a diverse mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico, resulting from extensive prospecting and deal-making by its management team [4]. - The company owns several portable diamond drill rigs, allowing for cost-effective first-pass exploration drilling conducted in-house [4]. Group 3: Management and Governance - J Duane Poliquin, Chairman of Almadex, expressed excitement about the drilling program and the potential insights it may provide [2]. - Morgan J Poliquin, PhD, PEng, serves as the President and CEO of Almadex and is a Qualified Person as defined by National Instrument 43-101, having reviewed and approved the scientific and technical contents of the news release [3].