Winter drilling to provide first core-based test of priority REE–Nb targets identified by geophysicsCALGARY, Alberta, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS6) (“Pan American” or the “Company”) is pleased to announce that it intends to carry out a winter diamond drilling program at its optioned Tharsis Project in the Northwest Territories (the “NWT”). The Tharsis Project covers the Squalus Lake Alkaline Complex, a Proterozoic, multi-phase alkaline intrus ...

Core Insights - Nordique Resources Inc. reports initial assay results from its Base-of-Till (BOT) drilling program at the Isoneva Gold Project in Finland, successfully identifying gold-bearing dispersion trains and new mineralized zones, validating the exploration model [1][4] Program Overview - The Phase 1 BOT drilling at Korpisalo has processed 78 base-of-till and 123 bedrock samples, with more samples pending analysis [5] - Over 225 holes have been drilled at Korpisalo, with infill drilling based on initial results to refine gold anomalies [6] - The next drilling target is Tiaskuru, with diamond drilling planned for Q1 2026 [6] Geological Interpretation - Recent geological mapping and drone magnetic data have refined the geological model, confirming the presence of mafic volcanic units and tonalite [9][10] - New geological logging indicates more prevalent tonalite and quartz diorite dykes, introducing additional traps for gold mineralization [10][11] Geochemical Results - Zone A has identified a gold-copper-antimony anomaly with rock chip assays returning up to 0.08 g/t Au, indicating potential proximity to mineralized structures [15][16] - Zone B features a broad gold-copper-arsenic anomaly with bedrock assays showing elevated copper and arsenic, suggesting mineralized structures close to the surface [17][18] - Zone C has defined a multi-element anomaly characterized by Au, As, Bi, and Te, indicating overlapping mineralization styles [19][21] Geophysical Interpretation - Historic geophysical data has effectively detected near-surface chargeability zones, guiding bedrock targeting [22] - Chargeability highs correlate with copper-arsenic rich bedrock samples, indicating potential mineralization zones [23] Next Steps - The ongoing BOT program continues to validate the exploration approach, with further sample submissions and assay results expected [26][31] - Integration of geophysical and geochemical datasets into a 3D model is underway to refine diamond drill targets for Q1 2026 [31]

Core Insights - Riverside Resources Inc. is advancing its drilling program at the Union Project in Sonora, Mexico, with three of the five main targets having initial drilling completed and the program on track and on budget [1][2][6] Drilling Progress - The first hole at the Union Mine target has been drilled, intersecting key geological formations and historical mineralization zones, with samples sent for assay [2][3] - Drilling has also progressed to the northern part of the project, testing the El Cobre Mine and North Union Mine areas, where more quartzite than expected has been encountered, indicating potential gold mineralization [3][5] Target Areas - The program has moved to the Famosa target, where two initial holes are planned to explore beneath historic workings, with historical production grades reported over ½ oz/ton Au [4][5] - Riverside aims to evaluate the potential of sulfide zones beneath past workings across four target areas: Union Mine, El Cobre, North Union, and Famosa [3][5] Future Plans - After the initial drilling campaign, Riverside will integrate assay results with ongoing surface programs and additional induced polarization surveys to refine geological interpretations [5][6] - The company is eager to advance drilling at the Famosa target and is awaiting assay results from the completed work [6]