Kenorland Minerals has announced the initiation of the phase-two diamond drill programme at the South Uchi project, which is held under an option agreement with Auranova Resources, in the Red Lake District in Ontario, Canada. This fall (September–November) 2025 exploration programme, approved by Auranova, will involve up to 6,000m of drilling in around 13 drill-holes in the Papaonga target area. The second phase builds on the success of the initial drilling programme that concluded earlier in 2025. Its ...

AuMEGA Identifies Major New Anomaly at the Cape Ray ProjectOctober 02, 2025 6:00 AM EDT | Source: AuMEGA Metals Ltd.Key HighlightsMajor, Untested Anomaly Identified: New anomaly located 500 metres southeast of the Central Zone deposits; never drill tested despite a historical sample of 111.5 g/t gold collected nearby1.Central Zone "lights-up": Largest gold deposit at the Cape Ray Project ("Cape Ray") exhibits extremely strong conductivity values that match gold-bearing host rocks.Pipeline of O ...

Core Viewpoint - Bullion Gold Resources and Olympio Metals Limited have confirmed a significant gold mineralisation zone at the Amadee Prospect, indicating potential for further exploration and development in the region [1][4][7]. Summary by Sections Drilling Results - The first phase of drilling at the Amadee Prospect has identified a broad zone of gold mineralisation exceeding 40 meters over a strike length of more than 200 meters [1]. - Drilling results include multiple near-surface intercepts, with the best result being 4.50 meters at 3.29 g/t Au, which includes 0.50 meters at 24.5 g/t Au [7][8]. - All eight holes drilled at Amadee encountered mineralisation, confirming the presence of a wide near-surface mineralised zone [5][7]. Geological Context - The mineralisation at Amadee is believed to be part of the same extensive gold mineralised structure as the nearby high-grade Paquin Prospect, which has shown grades up to 54 g/t Au [1][4]. - Historical Very Low Frequency Electro-Magnetic (VLF EM) survey data supports the structural continuity between the Amadee and Paquin prospects, indicating potential for further gold targets [9][10]. Future Plans - Further drilling is planned to extend the mineralised zone at Amadee both east and west towards Paquin, with ongoing exploration efforts to test the connection between the two prospects [5][11]. - The shallow nature of the gold mineralisation suggests suitability for open-pit mining development, leveraging underutilised processing facilities in the area [5][7]. Financial and Partnership Details - Olympio Metals has an option to earn an 80% interest in the Bousquet Project from Bullion Gold Resources through an investment of $2 million in exploration and a payment of $1.25 million in cash and shares over the coming years [2].

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX: GTWO; OTCQX: GUYGF) is pleased to announce diamond drilling results returning significant widths of near surface gold mineralisation in the initial first pass drilling program at the 8,358-acre Peters Mine Property, Guyana. The Peters Mine Property is part of a regional portfolio of gold properties in the historic Oko-Aremu-Peters Mine district, Guyana. The project lies approximately 35 km southwest of the Company's f ...