Critical Metals Exploration
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Quantum Secures Claim Covering Historic Silver Workings at Babine South, British Columbia
Thenewswire· 2026-01-27 14:00
Core Viewpoint - Quantum Critical Metals Corp. has expanded its mineral tenure at the Babine South Silver Project, acquiring the East Sunrise Adit, which has historical silver values, indicating a strategic move to consolidate ownership of promising silver resources [1][4]. Mineral Tenure Expansion - The newly acquired claim is contiguous to the existing Babine South property and covers the Boling showing, which has reported historical silver mineralization with grab samples assaying up to 835 oz/t (26,000 g/t) silver [2]. - The expanded Babine South silver claim group now covers 1,108 hectares, enhancing Quantum's control over a silver-bearing structural corridor characterized by multiple historic workings and favorable geological conditions [3]. Historical Context and Geological Insights - Silver mineralization at Babine South was first discovered in the 1920s, with significant historical production and confirmation of high-grade silver presence through various sampling methods [4][5]. - The geology of the Babine South project area includes phyllite, marble, and various volcanic and igneous rocks, with evidence of a polymetallic epithermal system [5]. Exploration Plans and Objectives - Planned exploration will focus on advancing the project towards drill-ready targets, refining existing geophysical and geochemical anomalies, and delineating priority drill targets for the 2026 exploration season [8][13]. - The company aims to systematically evaluate the silver system using modern exploration methods to understand its continuity, scale, and controls [4]. Ownership and Resource Potential - Quantum holds 100% ownership of the Babine South property with no royalties or option obligations, which positions the company favorably for future exploration and development [7]. - Historical data indicates multiple documented surface and underground silver occurrences, confirming the presence of high-grade silver mineralization [8].
Trapper target emerges as Saga’s top titanium-vanadium plot in Labrador
MINING.COM· 2026-01-06 00:48
Core Insights - Saga Metals has reported high-grade results from initial drilling at its Radar iron-titanium-vanadium project in Labrador, indicating that its Trapper target may rival the nearby Hawkeye zone [1][3]. Company Summary - Saga Metals is one of the few exploration companies in Canada focusing on critical metals such as titanium and vanadium, with no existing vanadium mines in the country [3]. - The company has raised approximately $6 million to support its drilling activities at the Trapper site [7]. Drilling Results - Highlight hole R-0009 returned 296 metres grading 39.75% iron oxide, 7.46% titanium oxide (TiO₂), and 0.25% vanadium oxide (V₂O₅) from a depth of 2.5 metres, including 63 metres at 44% iron oxide, 9% TiO₂, and 0.25% V₂O₅ [2][6]. - Another significant hole, R-0008, yielded 269.36 metres at 36.21% iron oxide, 6.57% TiO₂, and 0.244% V₂O₅ from 3.4 metres depth, with notable sections grading 45.63% iron oxide and 8.4% TiO₂ [6]. - The iron grades from the Trapper results are reported to be 124% higher than the best hole assays at Hawkeye, with titanium grades 105% higher and vanadium content 37% higher [6]. Market Context - The demand for titanium in the aerospace sector is projected to reach 1.6 million tonnes by 2044, with significant supply controlled by Russia and China [4]. - Saga's ongoing 15,000-metre drilling program at Trapper aims to support an indicated resource estimate to be released later this year [4]. Stock Performance - Following the announcement of drilling results, Saga's shares increased by 15% to C$0.59, valuing the company at C$41.9 million, with a 12-month trading range of C$0.20 to C$0.66 [5].
Temas Accelerates Its 2,500 metre Drilling Program at La Blache
Accessnewswire· 2025-11-05 13:30
Core Insights - A technology-driven critical metals exploration company is focusing on reshoring Western metal production through patented processing intellectual property and strategic exploration assets [1] - The company has contracted Magnor Exploration Inc., a seasoned drilling operator in Quebec, Canada, to assist in its exploration efforts [1] - The company plans to conduct approximately 2,500 meters of HQ diamond drilling at the La Blache Ti02 Mineral Exploration Project [1]
Temas Successfully Lists on the ASX
Accessnewswire· 2025-10-26 22:30
Core Insights - Temas Resources Corp. is a technology-driven critical metals exploration company focused on reshoring Western metal production through patented processing intellectual property and strategic exploration assets [1] - The company has successfully listed on the ASX after raising AU$11 million at a share price of AU$0.20, with significant backing from Terra Capital, a seasoned technology investor [1] - The raised funds will be utilized to advance the company's innovative metallurgical technologies and progress its critical mineral projects towards feasibility [1]
New Age Metals Options Bonanza Gold Project, Kenora Gold District, Ontario
Thenewswire· 2025-10-01 12:30
Core Viewpoint - New Age Metals Inc. has entered into an option agreement for the Bonanza Gold Project, which consists of 114 mining claims and 1 patented mining claim totaling 2,191 hectares, located near Kenora, Ontario, providing an opportunity to leverage modern exploration techniques in a historically under-explored area [1][2][3]. Group 1: Project Details - The Bonanza Gold Project is situated approximately 25 km southeast of Kenora and encompasses a total area of 2,191 hectares or 5,414 acres [1]. - The company has the option to acquire 100% of the project, subject to a 2% royalty, which can be reduced to 1% for a payment of $1 million [1][9]. - The project has shown high-grade mineral occurrences, with surface grab sample assays revealing gold grades up to 127 g/t [6][14]. Group 2: Market Context - The gold price is currently near historic highs, trading at approximately US$3,830 (C$5,330), which has led to increased global demand for gold [5]. - The Kenora District has seen limited modern exploration, presenting an opportunity for New Age Metals to unlock significant value through advanced exploration techniques [2][7]. Group 3: Corporate Strategy - The company aims to assemble a district-scale gold asset in Kenora to attract major gold producers, leveraging the current cash-rich environment of these companies [2]. - New Age Metals has diversified its mineral portfolio, focusing on critical metals including gold, antimony, lithium, and platinum group metals [4][23]. Group 4: Financial Commitments - The option agreement includes a series of cash payments and share issuances to the prospectors, with specific milestones tied to exploration expenditures [8][10]. - Contingent milestone payments of $250,000 are set for the completion of NI 43-101 compliant reports outlining significant gold resources [9]. Group 5: Exploration and Development - A due diligence site visit confirmed the presence of high-grade gold mineralization across multiple prospects within the project [11][12]. - The project is drill-ready with three-year permits in place, indicating readiness for immediate exploration activities [6].
Resolution Minerals Limited to Present at the Clean Energy Metals Virtual Investor Conference August 28th
GlobeNewswire News Room· 2025-08-26 15:42
Company Overview - Resolution Minerals Limited is based in Adelaide and focuses on gold, silver, antimony, and tungsten [1][5] - The company is actively exploring its 100% owned Horse Heaven Antimony-Gold-Tungsten Project located in Valley County, Idaho, USA [5][6] Recent Developments - The company announced the acquisition of the Horse Heaven Project, which comprises 699 federal lode mining claims covering over 5,644 hectares [3][6] - The project has a historical gold resource of approximately 300,000 ounces and significant potential for increase [3][6] - High-priority target areas within the project include the Golden Gate and Antimony Ridge prospects, with shallow historical drilling confirming mineralization from the surface [3][6] Strategic Positioning - Horse Heaven shares its eastern boundary with Perpetua Resources' Stibnite Gold Project, which has a market cap of around $2 billion and hosts a 4.8 million ounce gold reserve [3][5] - Stibnite is expected to become one of the largest high-grade, low-cost gold mines in the USA, also serving as the only domestic source of antimony [5][8] - The Stibnite project has a solid history of production, yielding over 980,000 ounces of gold, 13.5 million pounds of tungsten, and 88 million pounds of antimony during WWII and the Korean War [7][8] Upcoming Events - Craig Lindsey, CEO of US Operations, will present live at the Clean Energy Metals Virtual Investor Conference on August 28, 2025 [1] - The event will allow investors to engage with the company in real-time, with archived webcasts available for those unable to attend live [1]
White Gold Corp. Launches Phase I of 2025 Exploration Program Commencing IP Geophysics Surveys on Multiple Highly Prospective Critical Mineral Targets
Globenewswire· 2025-07-28 13:58
Core Insights - White Gold Corp. has initiated its Critical Metals Exploration Program in the White Gold District, Yukon, Canada, expanding its focus beyond gold to include critical metals such as copper, molybdenum, tungsten, antimony, and bismuth [1][3] - The 2025 exploration program consists of two phases, with Phase I already underway and Phase II set to focus on high-priority gold projects and new gold occurrences [1][3] Company Overview - White Gold Corp. holds a portfolio of 15,362 quartz claims across 21 properties, covering approximately 300,000 hectares, which represents about 40% of the White Gold District [2][20] - The flagship White Gold Project contains an estimated 1,203,000 ounces of gold in the Indicated Resource category and 1,116,600 ounces in the Inferred Resource category, with potential for further resource expansion [2][20] Exploration Activities - Initial activities have begun on three critical mineral targets: the Bridget target on the Pedlar Property, the Guilder target on the Loonie Property, and the Mt. Hart target on the Nolan Property [4][5] - The Bridget target is characterized by significant geochemical anomalies, including molybdenum values over 250 ppm and copper values typically exceeding 100 ppm [5][6] - The Guilder target has identified a 3.0 by 0.5 km zone of anomalous copper results, while the Mt. Hart target shows a multi-element soil geochemical anomaly with enrichment in several metals [11][12] Regional Context - The Yukon is recognized as one of Canada's most prospective mining districts, with a rich history of mineral deposits, including the Casino copper-gold-molybdenum porphyry deposit [3][19] - The Dawson Range, where the company's properties are located, has attracted increased investment due to its high mineral potential, hosting various types of mineralization [19]