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Pan American Energy Announces Planned Winter Drill Program at the Tharsis Project, Northwest Territories
Globenewswire· 2026-01-26 13:00
Core Insights - Pan American Energy Corp. plans to conduct a winter diamond drilling program at its Tharsis Project in the Northwest Territories, focusing on rare earth elements (REE) and niobium (Nb) [1][7] - The drilling program aims to provide the first direct subsurface test of a principal intrusive center identified through geophysical methods, assessing the correlation between magnetic signatures and potential mineralization [2][3] Project Development - The Tharsis Project has progressed through geological mapping, UAV magnetic surveying, and sampling, refining the exploration model [2][3] - The upcoming drill program is seen as a crucial step in transitioning from surface-based interpretations to obtaining direct subsurface geological data [4] Technical Framework - The targeting framework integrates various magnetic datasets and interpretations of the complex's magnetic architecture, which includes distinct intrusive phases [3] - The drill program is expected to yield core-based geological, structural, and analytical information to enhance the geological model and inform future exploration efforts [4] Company Overview - Pan American Energy Corp. is primarily engaged in the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America [6] - The company has secured a 75% interest in the Big Mack Lithium Project and an option to acquire up to a 100% interest in the Tharsis REE Project [7]
Nordique Resources Identifies Several Multi-Element Anomalies from Base-of-Till Drilling at the Isoneva Gold Project, Central Finland
Thenewswire· 2025-11-06 13:40
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]
Riverside and Questcorp Drilling Advancing at Union Project with Three of Five Targets Progressed
Newsfile· 2025-09-24 08:00
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]