VANCOUVER, British Columbia, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Headwater Gold Inc. (CSE: HWG, OTCQB: HWAUF) (the “Company” or “Headwater”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with a subsidiary of OceanaGold Corporation (“OceanaGold”) (TSX: OGC, OTCQX: OCANF) for OceanaGold to acquire an option to earn up to a 75% interest in Headwater’s TJ, Jake Creek and Hot Creek projects in Nevada (collectively, the “Projects”) through staged exploration expenditures t ...

Core Insights - Astra Exploration Inc. has mobilized ground crews for exploration activities at the La Manchuria Gold and Silver Project in Santa Cruz, Argentina, with a Phase II drill program set to begin shortly [1][2][4] Exploration Activities - Ground crews are conducting detailed mapping, regional ground magnetics, topographical surveys, and sampling in preparation for the upcoming drilling [2][3] - The presence of low temperature vein fragments at the surface supports Astra's geological model, indicating a preserved epithermal system beneath post-mineral volcanics [2][3] - Phase I drilling has identified favorable host rock units beneath andesites, suggesting potential for a large, high-grade gold-silver epithermal system at La Manchuria [3] Upcoming Events - Astra's CEO, Brian Miller, is participating in the Precious Metals Summit from September 9th to 12th, where he will present on September 11th [4] - The Metals Investor Forum will take place on September 25th to 26th, featuring a presentation by Brian Miller [5] - A European Roadshow is scheduled for October 6th to 10th, targeting institutional and family office investors [6][7] Company Overview - Astra Exploration Inc. is focused on precious metals exploration, with a portfolio of projects in key mining jurisdictions in Latin America [9] - The La Manchuria project is a high-grade gold and silver low sulphidation epithermal deposit located in the Deseado Massif, known for hosting world-class precious metals deposits [10]

Core Insights - Great Pacific Gold Corp. has announced significant results from its expanded Phase 1 diamond drill program at the Wild Dog Project in Papua New Guinea, highlighting the potential for a major gold-copper deposit [1][3][22] Drilling Results - Hole WDG-08 reported an impressive intercept of 8.4 meters at 49.9 grams per tonne (g/t) gold equivalent, including a high-grade zone of 3.8 meters at 105 g/t AuEq [3][5] - The Sinivit target has shown high-grade near-surface mineralization, with nine out of twenty-eight planned holes completed, totaling 1,214 meters of the 5,000-meter program [5][10] - Assay results are pending for hole WDG-09, located approximately 60 meters north of WDG-08, which is expected to provide further insights into the mineralization [5][11] Project Overview - The Wild Dog Project features a 15 km structural corridor with confirmed high-grade mineralization and potential for continuity along strike and at depth [3][10] - The Phase 1 program commenced in May 2025 and is designed to test the Sinivit target, which has a 1.5 km strike length within the broader epithermal vein system [9][10] - The company is also preparing for a potential maiden drilling program at the adjacent Magiabe porphyry target in 2026 [3][10] Future Plans - The expanded drilling program is expected to continue into early 2026, with a total of 28 diamond drill holes planned [10][18] - The company aims to increase field activity on the Magiabe porphyry target while continuing to explore the Wild Dog epithermal system [3][10] Quality Assurance - The company adheres to industry best practices for Quality Assurance and Quality Control, with samples submitted to an ISO 9001-certified laboratory [16][17]

Core Insights - Great Pacific Gold Corp. has reported significant findings from its Wild Dog Project in Papua New Guinea, highlighting both an extensive epithermal system and the potential for a major porphyry system nearby [1][3][5]. Group 1: Project Overview - The Wild Dog Project is located on New Britain Island, Papua New Guinea, and features a large-scale epithermal target with a strike length of over 15 kilometers and a depth extension exceeding 1,000 meters [1][5][32]. - A diamond drill program is currently in progress, targeting high-priority areas within a 1.5 km strike length of the epithermal vein structural corridor [2][5]. Group 2: Drilling Results - Drilling results from the Phase 1 program have shown high-grade mineralization, with hole WDG-02 intercepting 7.0 meters at 11.2 g/t AuEq, which includes 5.5 g/t Au, 68.8 g/t Ag, and 3.1% Cu [2][5][32]. - The current drilling program is only testing about 10% of the overall structure, indicating significant potential for further discoveries [5]. Group 3: Geophysical Survey Insights - The MobileMT geophysical survey has revealed the scale of the epithermal system and indicated the presence of a substantial porphyry system adjacent to the epithermal vein structure, similar to the Wafi-Golpu project [3][11]. - The processed MobileMT data has identified a large resistivity and magnetic anomaly at the Magiabe target, interpreted as a potassic-altered intrusive body measuring approximately 1,000 meters in diameter and extending to over 2,000 meters in depth [11][20]. Group 4: Future Exploration Plans - The Magiabe target is expected to be a priority for exploration, with plans to advance it towards drill-readiness by 2026, including detailed mapping and additional geochemical sampling [19][20]. - Great Pacific Gold anticipates initiating the first drill testing of the Magiabe porphyry system by 2026, leveraging its strong geophysical and geochemical signatures [20][32].

Northern Shield Resources (NSHR.F) Update Summary Company Overview - **Company**: Northern Shield Resources (NSHR.F) - **Date of Update**: July 21, 2025 Key Points Industry and Company Focus - The update primarily discusses the exploration activities and drilling results in the **conquest zone** and surrounding areas, focusing on mineralization and geological features relevant to precious metals and copper targets [1][2][3][4][5][6][7][8][9]. Drilling Results and Geological Findings - Drilling in the conquest zone revealed **Iolite alteration** in rhyolite, indicating potential for further exploration despite not yielding satisfactory results initially [2][4]. - A significant **hydrothermal breccia** was discovered, similar to findings in the Discovery Trench area, suggesting a broader hydrothermal system than previously understood [4][5]. - The presence of **ganguro banding** was noted, which is indicative of epithermal systems and suggests potential for high-value precious metals [10][15][34]. - **Visible gold** was observed in multiple drill holes, particularly in hole 26, which also showed signs of hydrothermal mineralization [11][21][22]. - The discovery of **tellurides** and **collaborate crystals** in the drilling samples indicates the presence of gold tellurides, which are significant for precious metal exploration [17][21]. Assay Results and Future Plans - The timeline for assay results is expected to be between **four to eight weeks**, with initial results anticipated in August 2025 [31][32][33]. - The company plans to conduct **downhole structural surveys** to guide future drilling programs, focusing on the orientation of mineralized structures [27][28][29][30]. Additional Insights - The geological features observed, such as **manganese carbonate alteration**, are classic indicators of proximity to epithermal systems, suggesting that the area may host significant mineralization [25][26]. - The update emphasizes the importance of **structural orientation** in drilling, as slight variations can lead to significant differences in mineralization outcomes [34][35][36]. - The exploration team is optimistic about the potential for discovering new mineralized zones, particularly in areas previously drilled that may have been overlooked [34][36]. Conclusion - Northern Shield Resources is actively exploring the conquest zone with promising geological findings that suggest potential for high-value mineralization. The upcoming assay results and structural surveys will be critical in determining the next steps for the company's exploration strategy [30][34].

Core Insights - Minaurum Gold Inc. announced promising drill results from the Promontorio Sur vein zone at its Alamos Silver Project in Sonora, Mexico, indicating high-grade mineralization potential [1][3]. Exploration Results - The Promontorio Sur vein zone, extending 1.5 km, is the unmined southern continuation of the high-grade Promontorio "stacked" vein zone, with significant mineralization observed at depth [1][3]. - Recent drilling results include 1.05 m of 272 g/t AgEq, with a notable intercept of 0.20 m at 617 g/t AgEq, and additional intervals showing high grades of silver and gold [2][4]. Geological Context - The Promontorio Sur vein zone is part of the 3.5 km-long Promontorio-Quintera structural trend, which has a history of significant silver production, including over 70 million ounces from the historic Promontorio Mine and an estimated 100 million ounces from the nearby La Quintera Mine [3][4]. - The geological setting includes quartz-carbonate veinlets in andesitic agglomerate, suggesting high-grade mineralization potential at depth, with geochemical sampling revealing anomalous values of silver, gold, and base metals [5][6]. Future Exploration Plans - Further exploration will focus on drilling the faulted-off portion of the Promontorio zone and the Las Guijas vein, as well as areas with anomalous rock geochemistry, to systematically test the underexplored Promontorio Stacked Vein Zone [8][6].