Gold and Copper Exploration
Search documents
Waratah Minerals (WTM) Earnings Call Presentation
2025-07-23 02:30
Company Overview - Waratah Minerals (ASX:WTM) has 234 million shares on issue[6] - The share price was A$0.29 as of July 17, 2025, resulting in a market capitalization of A$67.7 million[6] - The company had A$9 million in cash at bank as of May 27, 2025[6] - Board and Management hold 11.2% of the fully diluted shares[6] - Top 20 shareholders own 50.7% of the company[6] Spur Project Highlights - The Spur Gold-Copper Project is located in the Cadia-Spur district, surrounded by major mining companies[12, 14] - The project has a district-scale land position and untapped geological potential[12, 15] - The company has a clear exploration strategy targeting wallrock-hosted epithermal-porphyry settings[20] - Drilling results include 11m @ 10.82 g/t Au from 154m (SPRC002), 89m @ 1.73 g/t Au, 0.08% Cu from 115m (SPRC007), and 196m @ 0.54% CuEq, 0.35% Cu, 0.23 Au g/t from 1m (BZD001)[18] - Extensive shallow epithermal gold has been identified at surface[28] - Porphyry Cu-Au mineralization has been intersected at Breccia West, including 84m @ 0.62% CuEq, 0.40% Cu, 0.26g/t Au from 29m (BZD001)[42, 46] Investment Highlights - The company is exploring for world-class gold-copper deposits[3] - The company has an experienced team with a track record of discovery[3, 7] - The company is strategically positioned in a major gold-copper district[3] - The company has achieved discovery 'Proof of Concept' with epithermal-porphyry gold-copper mineralization[3]
Bold Ventures Reports Positive Results of MMI(TM) Soil Survey on Its Burchell Property
Newsfile· 2025-07-21 12:00
Core Insights - Bold Ventures Inc. has reported positive results from a Mobile Metal Ion (MMI) soil survey on its Burchell Gold and Copper Property, indicating potential for gold and copper mineralization in the area [1][6] Survey Results - The MMI soil survey was conducted in the northwest corner of the Burchell Property, designed to infill and extend previous soil lines, particularly testing the Moss Trend adjacent to Goldshore Resources' Moss Gold Property [1] - Notable anomalies were found, with gold response ratios (RRs) reaching up to 60 times background levels, copper RRs up to 136, and molybdenum RRs up to 70 [2] - The best gold anomaly from the 2025 survey was recorded at an RR of 65, located along a magnetic low trend [2][3] Historical Context - Historical diamond drilling by Newmont in the area has previously yielded gold anomalies, including a notable intersection of 0.9 g/t Au over 6.4 meters [3] - The soil anomalies are expected to assist in more accurately targeting gold-bearing horizons for future diamond drilling [3] Survey Methodology - A total of 82 samples were collected during the summer field program, contributing to a combined survey total of 156 samples, with specific sampling protocols followed [4][7] Future Prospects - The company is awaiting final results from another area known as the 111 Zone, which has shown promising gold values in previous grab samples [5] - The management expressed optimism regarding the exploration potential of the property, highlighting the underexplored nature of the area and the potential for new discoveries [6] Company Overview - Bold Ventures Inc. focuses on exploring precious, battery, and critical metals in Canada, particularly in regions with active gold and battery metal camps [10]
South Pacific Metals Provides Project Updates and Announces Diamond Drill Rig Purchase to Accelerate Gold and Copper Exploration
Newsfile· 2025-04-08 11:30
Core Viewpoint - South Pacific Metals Corp. has acquired a man-portable diamond drill to enhance its gold and copper exploration efforts in Papua New Guinea, following a successful financing of C$6.3 million, which positions the company to advance its projects more aggressively [1][3]. Drill Rig Acquisition - The MultiPower MP500 Diamond Core Drill will facilitate early-stage target testing of high-grade gold and copper structures, with drilling expected to commence shortly after the equipment's arrival at the end of May [2]. - Dean Williamson, a former exploration operator from K92 Mining Inc., will lead the in-country drill crew for the 2025 drilling campaign [2]. Project Updates Osena Project - Focus is on the Ontenu Cu-Au Prospect, a large-scale copper-gold porphyry complex, with field sampling underway at Ontenu NE, which may host lode-gold style mineralization [4]. - Recent trench results from Ontenu Central include 79 meters averaging 0.75 g/t Au, with notable samples reaching up to 8.82 g/t Au [4]. Anga Project - Detailed soil grid sampling at the Irinke Prospect has defined a 2 km-wide mineralized corridor, similar to K92's Arakompa Discovery [5]. - A geochemical study confirmed the Arakompa-like signature of the Irinke target, indicating further mineralization potential [5]. Kili Teke Project - The project has an Inferred Mineral Resource of 1.81 million ounces of gold and 802,000 tonnes of copper, with significant exploration opportunities [7]. - Recent drilling by the previous operator returned high-grade results, including 12.98% Cu and 11.75 g/t Au over 7.8 meters [8]. May River Project - The Skygate Cu-Au Trend, including the Skiraisa Gold Breccia Prospect, has been prioritized for exploration, with historical drilling intercepts showing promising results [9]. - The Ufuo Prospect has also demonstrated high-grade polymetallic potential, with historical results including 19 meters at 11.47% Cu [9]. Company Overview - South Pacific Metals Corp. operates across a 3,100 km² land package in Papua New Guinea, focusing on gold and copper exploration in proximity to major producers [11][12]. - The company aims to leverage its strong treasury and experienced teams to drive discovery across its portfolio of projects: Osena, Anga, Kili Teke, and May River [11].