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New Found Gold Continues to Confirm Continuity of At-Surface High-Grade Gold at Keats Zone, Queensway Gold Project
TMX Newsfile· 2026-02-02 11:58
Core Insights - New Found Gold Corp. announced additional results from grade control drilling at the Keats zone of its Queensway Gold Project, confirming high-grade gold mineralization near the surface [1][2][3] Drilling Program Highlights - The 2025 Keats excavation grade control drill program included 1,230 meters of drilling across 36 diamond drill holes, aimed at enhancing confidence in the distribution of high-grade gold mineralization [3][4] - A total of 84 diamond drill holes are planned for the full program, with 62% of results reported to date [4] Significant Drill Results - Notable drill results include: - 508 g/t Au over 2.20 m from 16.80 m (NFGC-25-GC-024) - 113 g/t Au over 3.75 m from 11.90 m (NFGC-25-GC-025) - 9.29 g/t Au over 37.60 m from 12.00 m (NFGC-25-GC-027) - 27.0 g/t Au over 10.00 m from 0.00 m (NFGC-25-GC-033) [5][7] Geological Context - The Keats and Iceberg zones are located within the Keats-Baseline Fault Zone, a high-grade gold-bearing structure with a defined strike length of 1.9 kilometers [10] - The drilling program is designed to validate resource models and improve confidence in high-grade intersections ahead of a mineral resource estimate update [9] Future Plans - The 2026 drill program is underway, focusing on infill drilling for resource conversion and expanding grade control drilling at the Iceberg and Lotto excavations [15][16] - An updated Technical Report, including a new mineral resource estimate, is expected to be filed in mid-2026 [18]
CRITICAL METALS CORP. NASDAQ–CRML Announces Another Series of Outstanding Drilling Results Achieving Additional High-Grade Results Across Its Tanbreez Asset from the 2025 Drilling Campaign
Globenewswire· 2026-01-14 13:30
Core Viewpoint - Critical Metals Corp has announced the first assay results from its 2025 drilling program at the Tanbreez Rare Earths Project in Greenland, confirming consistent rare earth grades and the presence of strategic metals, which reinforces the project's global significance in the rare earth sector [1][3][11]. Drilling Program Overview - The 2025 drilling campaign aimed to extend known mineralization and refine the geological model, with results expected to support a revised Mineral Resource Estimate and advance mine planning studies [2][17]. - A total of 20 diamond drill holes were completed in 2025, totaling 3,430 meters, which included both vertical and angled holes designed to intersect mineralized layers [19][20]. Assay Results Highlights - The assay results indicate Total Rare Earth Oxide (TREO+Y) grades ranging from 0.35% to 0.77%, with heavy rare earth oxides (HREO) comprising approximately 25–29% of TREO+Y [25][30]. - Key results from specific drill holes include: - 25-D01: 24m @ 0.48% TREO+Y (25.9% HREO) from 0m [4] - 25-D02: 187m @ 0.48% TREO+Y (25.0% HREO) from 0m [4] - 25-D05: 158m @ 0.42% TREO+Y (25.0% HREO) from 7m [5] - 25-D09: 71m @ 0.37% TREO+Y (23.3% HREO) from 34m [9] Strategic Metals Presence - The drilling results highlight the presence of strategic metals such as gallium, hafnium, cerium, and yttrium, which support the project's multi-commodity potential [3][15]. - Gallium oxide levels were reported at approximately 100 ppm, hafnium oxide at around 350 ppm, and cerium oxide at about 1,630 ppm [15][30]. Resource Growth Potential - The results indicate potential for further resource growth, with mineralization confirmed to occur consistently close to the surface and demonstrating strong lateral and vertical continuity [15][30]. - The mineralized area extends from drill hole K-24 northeast for at least 1.0 km, with a depth of more than 200 meters above the Fjord Deposit [15][11]. Next Steps - The company is awaiting additional assay results from the 2025 drilling season and plans to incorporate this data into the planning stage for the 2026 field season [28].
Osisko Development Provides Infill Drilling Update on Its 13,000-Meter Lowhee Program at Cariboo Gold Project; Intercepts Include 45.24 G/T Gold Over 3.0 Meters, Including 233.92 G/T Gold Over 0.5 Meters
Globenewswire· 2025-10-06 12:15
Core Insights - Osisko Development Corp. has announced new infill drilling results from its ongoing 13,000-meter program at the Cariboo Gold Project, indicating promising continuity and high-grade gold intercepts [2][3][4] Infill Drilling Program - The infill drilling program commenced in August 2025, focusing on the Lowhee Zone of the Cariboo Gold Project, with 2,279 meters completed so far, representing approximately 17.5% of the total planned drilling [2][4] - Initial results show high-grade gold intercepts, including 45.24 g/t Au over 3.0 meters, reinforcing the potential for delineating new zones and expanding existing ones [4][5][6] Geological and Resource Insights - The Lowhee Zone has been identified as a high-priority drill target, with previous drilling campaigns successfully identifying auriferous quartz-carbonate veins [20][21] - The Cariboo Gold Project hosts probable mineral reserves of 2.07 million ounces of contained gold, with measured and indicated resources totaling 1.68 million ounces [27] Project Development and Infrastructure - The Cariboo Gold Project is a permitted, 100%-owned feasibility-stage project located in central British Columbia, covering approximately 186,740 hectares [26] - The project has received key environmental permits, solidifying its shovel-ready status for future development [26][27] Future Outlook - The comprehensive drilling program is designed to provide critical data for resource modeling, mine planning, and optimization of production stope design, with further updates expected as drilling progresses [3][4]