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Westward Gold Announces Commencement of Initial Drill Program at Campfire Target Complex
Thenewswire· 2025-07-08 13:00
Core Viewpoint - Westward Gold Inc. has commenced a 5,000-metre reverse-circulation drilling campaign at its Toiyabe Hills Property in Nevada, targeting the Campfire Target Complex for potential Carlin-type gold mineralization [1][2] Drilling Campaign Details - The drilling will cover approximately 5,000 metres (~16,500 feet) across a 61 square-kilometre area, focusing on the Campfire Anticline where favorable carbonate stratigraphy is present [1] - The drilling contractor, National EWP, Inc., has upgraded the rig to an EDM95K model, enhancing depth capability and maneuverability [1] Strategic Importance - The initial drilling targets are strategically chosen to provide insights into ground conditions and optimize future drilling processes [4][6] - The Campfire Anticline is identified as a significant feature for gold exploration due to its potential to trap hydrothermal fluids and concentrate metals [2] Geological Insights - The area exhibits key geological features such as high-angle structures, igneous dikes, and hydrothermal alteration, which are indicative of fertile gold environments [2] - Geochemical analysis shows a large Carlin-suite plume, particularly arsenic, which is associated with major gold deposits in Nevada [2] Exploration Strategy - The company plans to adapt its drilling strategy based on real-time feedback and assay results to maximize the effectiveness of the 5,000-metre drilling program [7] - Multiple styles of potential gold mineralization have been identified, including stratigraphic, structural, karst breccias, mineralized dikes, and breccia pipes [9] Corporate Update - Westward Gold has engaged Hillside Consulting and Media Inc. to enhance its marketing and investor relations efforts, aiming to improve public presence and investor engagement [7][10] - The company is committed to exploring all avenues for growth and executing its long-term exploration strategies [10]
ARIS MINING ANNOUNCES SALE OF JUBY GOLD PROJECT TO MCFARLANE LAKE MINING
Prnewswire· 2025-07-07 12:15
VANCOUVER, BC and TORONTO, July 7, 2025 /PRNewswire/ - Aris Mining Corporation (Aris Mining) (TSX: ARIS) (NYSE-A: ARMN) and McFarlane Lake Mining Limited (McFarlane) (CSE: MLM) (OTC: MLMLF) are pleased to announce the signing of a definitive asset purchase agreement (the Agreement) for the sale of Aris Mining's Juby Gold Project and related interests in Ontario, Canada. The total consideration is valued at US$22 million, payable as outlined below. Aris Mining Announces Sale of Juby Gold Project to Mcfar ...
Goldshore Intersects 42.7m of 1.09 g/t Au at the Eastern QES Zone of the Moss Deposit
Newsfile· 2025-07-03 11:00
Goldshore Intersects 42.7m of 1.09 g/t Au at the Eastern QES Zone of the Moss DepositJuly 03, 2025 7:00 AM EDT | Source: Goldshore Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - July 3, 2025) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company") is pleased to announce its latest assay results from its completed 20,000-meter drill program and the final results from the QES Up zone targeting the near surface extension of the most northern ...
Wallbridge Exploration Drilling Continues to Intercept High-Grade Gold Mineralization at Martiniere
Globenewswire· 2025-07-02 11:00
TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) announced today the results for the remaining seven holes from its first phase of drilling (“Phase 1”) at its fully owned Martiniere gold project (“Martiniere”). These results include additional high-grade gold intercepts from extensions of three zones targeted along the Bug Lake “BL”) deformation corridor. Highlights: True widths are estimated to be 60-90% of the reported core ...
RUA GOLD Closes C$13.8 Million Brokered Offering Including the Full Exercise of Over-Allotment Option
Newsfile· 2025-06-26 12:45
Core Viewpoint - Rua Gold Inc. has successfully closed a brokered public offering and private placement, raising C$13.8 million to fund exploration projects in New Zealand and general corporate purposes [2][3][4]. Financing Details - The offering consisted of 19,714,450 common shares priced at C$0.70 each, including the full exercise of the over-allotment option, resulting in aggregate gross proceeds of C$13,800,115 [2][6]. - The company paid approximately C$446,651 in cash fees to agents and issued 638,073 broker warrants, each exercisable at C$0.70 for 24 months [5][6]. Use of Proceeds - Net proceeds from the offering will be allocated to continuing exploration programs on New Zealand properties and for general working capital [3][4]. Strategic Plans - The CEO stated that the company is now fully funded to execute exploration plans over the next 12 to 18 months, focusing on the Reefton and Glamorgan projects [4][6]. - An aggressive drill campaign is planned for the Reefton Project, with drilling at the Glamorgan Project set to commence in Q4 2025 [4][6]. Insider Participation - Insiders subscribed for a total of 1,529,800 common shares, which is considered a related party transaction under applicable regulations [9]. Additional Grants - The company granted 2,250,000 stock options to directors and consultants, with an exercise price of C$0.66 and a three-year vesting period [11]. - An aggregate of 200,000 deferred share units (DSUs) was also granted to certain directors, subject to a similar vesting schedule [12]. Company Overview - Rua Gold is focused on high-grade gold exploration in New Zealand, controlling significant land in the Reefton Gold District and the Glamorgan Project, which is adjacent to a major mining operation [14][15][16].
Drilling Extends Mineralized Zone at ArcWest's Oweegee Dome Cu-Mo-Au-Ag Project
Newsfile· 2025-06-26 03:04
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to provide an update on drill results from the 2024 drill program at its Oweegee Dome Porphyry Cu-Au-Mo-Ag Project in B.C.'s Golden Triangle. The 2024 program was funded and operated by Sanatana Resources (TSX: STA), see Sanatana Resources press release dated November 11, 2024). The program tested two targets on the property: a deep geophysical target (Junction target) and the shallow ...
Miata Metals Begins Drilling at Puma Target Following High Grade Surface Results on Sela Creek Gold Project
Globenewswire· 2025-06-24 12:20
VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB:MMETF) (“Miata” or the “Company”) is pleased to announce that it has begun its planned drill test of the Puma Target. This follows the successful completion of the latest five holes drilled at the Golden Hand Target, for which assays are pending (see Miata news release dated June 19, 2025). Featuring a high-quality data set that showcases evidence of a potentially rich gold system, the Puma Targe ...
Labrador Gold Appoints Ryan Weston Vice President of Exploration
Globenewswire· 2025-06-24 11:30
TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce the appointment of Ryan Weston as Vice President Exploration of the Company. Ryan brings over 20 years of global experience in base and precious metals exploration to the Company. He played key roles in the successful sale of Carlisle Goldfields to Alamos Gold for CAD $28 million in 2016, and of Noront Resources to Wyloo Metals for CAD $686 million in 2022 ...
Onyx Gold Continues to Consolidate Key Ground at Munro-Croesus with Strategic Acquisitions
Newsfile· 2025-06-24 11:00
Onyx Gold Continues to Consolidate Key Ground at Munro-Croesus with Strategic Acquisitions June 24, 2025 7:00 AM EDT | Source: Onyx Gold Corp. Total Project Land Holdings Expanded to 109 km2 to cover Key Geological Real Estate Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) is pleased to announce that it has signed mineral property purchase and sale agreements (the "Purchase Agreements") with two separate arm's length private vendors through its wh ...
Probe Gold Intersects Grades Up to 3.1 g/t Au Over 17.0 Metres in Infill Drilling at Novador Project, Quebec
Globenewswire· 2025-06-17 10:30
Highlights: Courvan Trend infill drilling results intersected near-surface gold zones with significant grades up to 6.2 g/t Au over 4.9 metres, including 26.8 g/t Au over 1.0 metres and thick gold zones, including an intersection of 3.1 g/t Au over 17.0 metres, including 14.1 g/t Au over 2.0 metres.The recently completed 50,000-metre winter infill drilling program was designed to support the upcoming 2025 Pre-Feasibility Study, which is expected by year-end. TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- Probe ...