Mineral Exploration Program

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Northern Lights Initiates Exploration Program at the Horetzky Project
Thenewswire· 2025-09-25 11:00
Core Viewpoint - Northern Lights Resources Corp. has initiated a field exploration program at the Horetzky Project in British Columbia, aiming to enhance its understanding of potential mineralization and guide future drilling efforts [1][2]. Exploration Program Details - The exploration program includes a broad spaced 10 line-km IP survey, which will penetrate deeper than previous surveys conducted by Hecla Mining in 1972, scheduled for completion in October [5]. - The company plans to conduct alteration mapping and surface sampling, collecting 200-300 rock/soil samples to extend surface anomalies identified in historic work [5]. - Historic geophysical data will be reprocessed, including inversion of historical IP/Resistivity and 3D Voxel inversion of historic airborne magnetics [5]. Stock Options - The company has modified its incentive stock option grant to 2,400,000 options, each exercisable at a price of $0.08 per share for a term of 2 years, with all options vesting upon grant [3]. Company Overview - Northern Lights Resources is focused on advancing two key projects: the Horetzky Copper Project in British Columbia and the Secret Pass Gold Project in Arizona, while also holding a 1% NSR royalty on the Medicine Springs Silver Project in Nevada [8]. Contact Information - For further inquiries, the company provides contact details for its Executive Chairman and CEO [7].
Power Metallic Provides an Update on Summer 2025 Exploration Programs at Nisk Project
Prnewswire· 2025-07-10 07:00
Core Insights - The company is actively advancing its summer to fall drilling campaign, with significant upgrades to its logging and core cutting facilities completed to enhance exploration efficiency [1][2] - A total of four drill rigs are operational, targeting various zones with a planned drilling meter range of 10,000-12,500 meters at Lion, 5,000-6,250 meters at Tiger, and 5,000-6,250 meters at Nisk Main, Nisk West, and Nisk East [9][10] - The company is expanding its land package by over 300% through the acquisition of 167 km² from Li-FT Power, which is expected to close soon [13][18] Exploration and Drilling Activities - The drilling program includes borehole EM surveys to identify off-hole anomalies, with successful mineralization discoveries reported [3][7] - An airborne EM/magnetic survey is underway to define EM conductors over prospective geology, with approximately one-third completed [4] - A LiDAR survey is being conducted to provide detailed topography, which will aid in identifying outcrop areas for mapping crews [5] Mineralization and Resource Development - The company is focused on developing mineralization along the Nisk-Lion-Tiger trend, with ongoing drilling expected to accelerate discovery and expansion [7] - At the Lion zone, two fly rigs are operational to extend and infill the known deposit, with five holes completed and assays pending [8] - Drilling at the Nisk deposit is targeting potential mineralization between Nisk and Lion, with three holes completed and assays pending [12] Future Plans and Permitting - The company is in the process of acquiring drill permits for the newly acquired lands and extending the Lion-Nisk target area, with expectations for permitting during the current drill campaign [14] - Once the AEM and LiDAR surveys are completed, drill targets will be developed in the new areas [15]
Blue Star Mobilises Field Crews and Receives Final DIG Payment
Newsfile· 2025-07-09 12:00
Core Viewpoint - Blue Star Gold Corp. is initiating its 2025 Phase I Surface Exploration Program in the High Lake Belt, Nunavut, focusing on advancing drill-ready targets and exploring high-impact gold and critical mineral targets [1][4]. Financial Support - The company has received the final $125,000 payment of a $250,000 exploration grant from the Government of Nunavut's Discover, Invest, Grow (DIG) program, totaling $500,000 received from the program to date [2][5]. Ongoing Field Activities - The field team is focused on building confidence in drill-ready targets, particularly around the Flood Zone deposit, and will conduct detailed mapping and channel sampling of newly exposed mineralization [4][5]. - A continuation of the Loupe time-domain electromagnetic (EM) survey will be conducted to investigate anomalous responses identified in previous surveys [6]. 2025 Exploration Program Details - Phase I is a low-expenditure initiative targeting areas within 1,000 meters of the Flood Zone gold deposit, with a focus on detailed mapping and sampling to support potential resource extension [5][9]. - Additional activities include geological mapping, prospecting, and follow-up work on various targets, including Nutaaq and South Zones [7][8]. Historical Sampling Insights - Initial field orientation traverses identified visible gold in untested veins at the Nutaaq target, with a grab sample returning 23 g/t gold, and historical samples in the area showing values of 29, 35, and 78 g/t gold [10][11]. Company Overview - Blue Star Gold Corp. is focused on mineral exploration in Nunavut, holding 300 square kilometers of land with significant high-grade gold resources and numerous exploration targets [15].