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Kuya Silver Confirms High-Grade Silver-Gold Vein Mineralization at Umm-Hadid with Initial Drill Results up to 1483.9 g/t AgEq over 2 Metres
TMX Newsfile· 2025-12-22 12:30
Core Insights - Kuya Silver Corporation has reported significant exploration results from the Umm-Hadid Project in Saudi Arabia, confirming high-grade silver-gold mineralization across multiple target areas [1][3][4] Exploration Results - The exploration program included 5,001.58 meters of diamond drilling across 29 holes, confirming high-grade mineralization in three major target areas [5][4] - Notable drill intercepts include: - Hole 25-UH-010: 2.0 m grading 1,483.9 g/t AgEq (3.8 g/t Au and 1,227 g/t Ag) [5] - Hole 25-UH-018: 2.0 m grading 718 g/t AgEq (3.0 g/t Au and 514.5 g/t Ag) [5] - Surface grab samples yielded an average of 86.10 g/t AgEq, with the highest sample at 1,359.82 g/t AgEq (1.60 g/t Au and 1,250 g/t Ag) [5][3] Exploration Strategy - The exploration utilized modern techniques such as hyperspectral remote sensing and AI-driven targeting to identify high-grade mineralization [3][8] - The license area spans 240 km², with surface mapping and sampling conducted to prioritize drilling targets [4][8] Target Areas - **Target 01**: 4.5 by 2.5 km area with multiple veins, tested with 902.24 m of drilling, yielding significant mineralization [11] - **Target 02**: 4 by 1 km area, tested with 899.42 m of drilling, with Hole 25-UH-018 returning significant results [13] - **Target 03**: 1.3 by 1 km area, tested with 514 m of drilling, with ongoing exploration on a high-grade vein [15] Quality Assurance - The company implemented a robust QA/QC program, ensuring the reliability of assay data through the use of certified reference materials and duplicate samples [19][18]
$4,000 Gold on the Horizon? Why Smart Money Is Piling Into Select Miners Ahead of Q2 2026
Prnewswire· 2025-04-25 15:20
Equity Insider News CommentaryIssued on behalf of RUA GOLD Inc.VANCOUVER, BC, April 25, 2025 /PRNewswire/ -- Equity Insider News Commentary – Despite the hyperactivity in the markets and with gold prices, analysts at JP Morgan are still predicting $4,000/oz gold prices by Q2 2026. And the optimism for gold bugs doesn't end there, as a new report from Morningstar Equity Research is highlighting how these high gold prices support gold miner stocks. Now analysts from Jefferies are raising their price targets f ...