Core Insights - Scorpio Gold Corp. has announced positive results from its Phase Two drill program at the Manhattan District Project in Nevada, with significant gold mineralization identified in multiple drill holes [1][2][3] Drill Results - The company has completed 59 drill holes totaling 19,025 meters, with assays reported for 48 holes, amounting to 15,967 meters, while results from 11 holes are still pending [1] - Drill hole 26MN-057 at Black Mammoth returned 1.02 g/t gold over 40.23 meters, indicating continuity of mineralization and potential for resource expansion [2][12] - Drill hole 26MN-056 at Iron Queen returned 2.13 g/t gold over 4.91 meters, while drill hole 26MN-058 returned multiple high-grade intervals, including 21.8 g/t gold over 1.05 meters [7][19][21] Geological Insights - The geometry of the mineralization suggests the potential for a sizable mineralized body that could integrate with or expand the existing Goldwedge resource [3][4] - The proximity of the Black Mammoth target to existing underground workings at Goldwedge presents opportunities for accelerated development [4] Marketing and Engagement - Scorpio Gold has engaged Investor Insights Systems Inc. for digital marketing services, with an initial term of three months and a budget of USD $125,000 [22][23] - The agreement includes the provision of options to acquire common shares, further aligning the interests of the marketing firm with the company's growth objectives [23] Historical Context - The Manhattan District has a history of gold production, with approximately 700,000 ounces extracted from high-grade operations since the late 1890s [26][27] - The maiden mineral resource estimate indicates 18,343,000 tonnes grading 1.26 g/t gold for a total of 740,000 ounces in the inferred category [27]

Core Viewpoint - Gunnison Copper Corp. has filed an updated Preliminary Economic Assessment (PEA) for its Gunnison Copper Project, indicating strong economic viability and significant contributions to the U.S. copper supply [1][2]. Economic Assessment - The PEA outlines a large-scale copper project with an after-tax NPV8 of approximately US$2.0 billion, an internal rate of return of 22.5%, and a payback period of 3.9 years at a base case copper price of $4.60/lb [2][4]. - Under a higher copper price scenario of $5.75/lb, the after-tax NPV8 increases to approximately US$3.2 billion, with an internal rate of return of 31.8% and a payback period of 2.6 years [4]. Project Metrics - The project has a construction period of 24 months and a life of mine of 21 years, with a total of 641 million tons of mineralized material expected to be mined [6][7]. - The average annual copper production is projected to be 174 million pounds for the first 15 years, contributing significantly to U.S. refined copper production [7]. Economic Impact - The project is expected to create over 112,744 job years and generate $558 million in state and local taxes, $1.43 billion in federal taxes, and $21.9 billion in total economic output [4][5]. Financial Metrics - Key financial metrics at a $4.60/lb copper price include an average annual free cash flow of $366 million over the first 15 years and an EBITDA of $486 million [5][6]. - The cash cost is estimated at $1.70 per pound of copper, with sustaining cash costs of $2.00 and all-in sustaining costs of $2.05 per pound, positioning the project in the lower half of the global cost curve for copper mining [7]. Mineral Resource Estimate - The Gunnison Deposit's mineral resources are classified into Measured, Indicated, and Inferred categories, with a total of 846.1 million short tons at an average grade of 0.33% copper [10][12]. - The project has a significant amount of inferred resources, which are considered too speculative to be categorized as mineral reserves [4][9].

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum" or the "Company") is pleased to report high-grade drill results from both the Quintera and Europa Vein Zones, as part of its ongoing Phase II, 50,000-metre resource expansion program at the Alamos Silver Project ("Alamos") in Sonora Mexico.Highlights include:5.30 metres of 570 g/t silver (633 g/t silver equivalent "AgEq"), including 2.50 metres of 1,024 g/t silver (1,120 AgEq) (Hole ...

Core Insights - SAGA Metals Corp. has reported additional assay results from drill holes R-0021, R-0022, and R-0023, indicating consistent and high-quality mineralization at the Trapper Zone of the Radar Titanium-Vanadium-Iron Project in Labrador, Canada [1][3][8] Drilling Results - Drill hole R-0021 reported an intercept of 31.38 m at 53.18% Fe₂O₃, 7.08% TiO₂, and 0.414% V₂O₅ - Drill hole R-0022 showed 30.60 m at 49.40% Fe₂O₃, 6.61% TiO₂, and 0.373% V₂O₅ - Drill hole R-0023 had an intercept of 86 m at 45.50% Fe₂O₃, 5.50% TiO₂, and 0.367% V₂O₅ [4][8] Overall Progress - A total of 8 diamond drill holes have been reported in 2026, with significant oxide intercepts exceeding 70–90 meters and head grades frequently above 45–53% Fe₂O₃, 6–7% TiO₂, and 0.37-0.41% V₂O₅ [4][8] - The total meters drilled in the Trapper Zone for 2026 reached 8,144 m, with ongoing drilling at hole R-0046 [7][15] Geological Context - The Radar Property spans 24,175 hectares and hosts the Dykes River intrusive complex, with geological mapping confirming oxide layering across more than 20 km of strike length [19][30] - The mineralization at Radar is comparable to global Fe–Ti–V systems, positioning the project as a potential strategic supplier of titanium, vanadium, and iron to North American markets [20][22] Future Plans - The company aims to advance beneficiation studies on the oxide mineralization and deliver a maiden Mineral Resource Estimate in 2026, which will support future economic assessments [5][8]

Core Insights - Awalé Resources Limited has announced new step-down drilling results from the Charger target at its Odienné Project in Côte d'Ivoire, confirming strong continuity of high-grade gold mineralization and supporting future underground resource growth [2][3][4] Drilling Results - The recent drilling results demonstrate gold grade continuity in the breccia system down to 400 meters below the surface, reinforcing the potential of Charger as a robust underground target [3][6] - Significant intercepts include 36.2 g/t gold over 6 meters from 475 meters depth and 10.3 g/t gold over 8 meters from 426 meters depth [14] - A total of 12 holes from an expanded drilling program at Charger are still to be reported, with the current results being part of a 17-hole resource drilling program aimed at an initial Mineral Resource Estimate scheduled for Q2 2026 [5][6] Future Plans - Follow-up drilling is planned to test the Charger system to at least 600 meters vertical depth, with additional step-outs to evaluate potential strike extensions and other mineralized zones [7][14] - The company is also advancing exploration programs at its 100%-owned Fremen target, having completed a 116-hole air-core drill program and a six-hole diamond drill program [8][9] Company Overview - Awalé Resources is focused on discovering large high-grade gold and copper-gold deposits in Côte d'Ivoire, with the Odienné Project covering 2,346 km² across seven permits [10][12] - The company has discovered multiple mineralized systems within its joint venture with Newmont and is actively exploring its 100%-owned properties [11][12]

Total RC Gold Project Mineral Resource Estimate (MRE) is now at 1.29 million ounces of gold indicated and 3.83 million ounces of gold inferred:1.29 million ounces gold indicated (39.96 Mt @ 1.01 g/t Au) at the Blackjack Deposit (effective date of January 21, 2025);3.83 million ounces gold inferred including:2.25 million ounces (100.68 Mt @ 0.70 g/t Au) at the Rhosgobel Deposit;1.04 million ounces (34.60 Mt @ 0.94 g/t Au) at the Blackjack Deposit (effective date of January 21, 2025); and0.54 million ounces ...

Core Insights - Blackrock Silver Corp. announced a Preliminary Economic Assessment (PEA) for its Tonopah West Project, highlighting significant improvements in resource estimates and economic metrics compared to the previous assessment [1][4][6]. Economic Highlights - The updated PEA indicates a substantial indicated resource base of 40.2 million silver equivalent ounces, nearly double the previous estimate [4][6]. - The mine life has been extended by 42% to 11.2 years, with payable silver and gold increasing by 14% and 17%, respectively [4][6]. - After-tax Net Present Value (NPV) increased by 34% to US$437 million, representing a 2.5 times return on the initial capital of US$190 million [4][6]. - The project is anchored to conservative long-term prices of US$31 per ounce for silver and US$2,700 per ounce for gold, ensuring resilience across price cycles [4][6]. Production and Cost Metrics - The PEA estimates total payable silver production of 36.4 million ounces and total payable gold production of 496,000 ounces over the life of the mine [7]. - The anticipated All-In-Sustaining Costs (AISC) are projected at US$17.44 per silver equivalent ounce, providing significant margin expansion potential [6][7]. - Initial capital costs are estimated at US$190 million, with an additional US$280 million for sustaining capital [9][10]. Resource Estimates - The updated mineral resource estimate includes 2.75 million tonnes grading 454 grams per tonne (g/t) AgEq, totaling 40.2 million ounces of AgEq [21][36]. - The inferred mineral resource is estimated at 5.54 million tonnes grading 466 g/t AgEq, equating to 83 million ounces of silver equivalent [21][36]. Mining and Processing - The project will utilize a processing plant with a design capacity of 1,800 metric tonnes per day, with potential for expansion [11]. - The extraction process will employ agitated cyanide leaching, with average recoveries of 91.6% for silver and 96.3% for gold [12][11]. Location and Infrastructure - The Tonopah West Project is located on patented mineral claims adjacent to the town of Tonopah, Nevada, benefiting from existing infrastructure and a streamlined permitting process [6][8].

Toronto, Ontario--(Newsfile Corp. - March 30, 2026) - AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) ("AbraSilver" or the "Company") is pleased to announce that it has completed the acquisition of the Condoryacu and Maria Amalia properties, located immediately adjacent to its flagship Diablillos project in Argentina (the "Project"). The acquisitions were completed following final payments of US$2.5 million for the Condoryacu property and US$250,000 for the María Amalia concession, as previously annou ...

Core Viewpoint - Xali Gold Corp. has initiated engineering studies to update the Feasibility Study for its Pico Machay Gold Project, originally completed in 2009, with a focus on mineral processing and recovery optimization [1][3]. Engineering and Technical Studies - Adam Johnston, an experienced metallurgist, has been engaged to lead the engineering team for the updated Feasibility Study, focusing on mineral processing and metallurgical testing [1][2]. - The updated study will begin with a new Mineral Resource Estimate, followed by revised capital and operational cost estimates, culminating in a Preliminary Economic Assessment (PEA) [3]. - The company is also conducting additional metallurgical testwork to support the Feasibility Study and refine exploration targets for future drilling [3]. Project Development and Resource Estimation - Phase I of the systematic relogging of historical reverse-circulation drill cuttings has been completed, which will enhance the understanding of mineralization controls and support mine planning [4]. - Pico Machay is located in a historically productive mining district in the Southern Peru Epithermal Gold-Silver Belt, benefiting from existing infrastructure and community support [5]. Resource Potential - The Pico Machay project hosts a Historical Measured and Indicated Resource of 264,600 ounces of gold and an additional Historical Inferred Resource of 446,000 ounces of gold, based on historical drilling data [6]. - Previous engineering studies indicated a low-cost open pit heap-leach operation, with significant upside potential given that earlier studies were based on a long-term gold price of $700 per ounce [7].

Core Viewpoint - Banyan Gold Corp has appointed Patrick Langlois as Vice President of Strategy and Corporate Development, effective March 30, 2026, to strengthen its management team and advance its strategic initiatives [2][5]. Management Appointment - Patrick Langlois brings over 25 years of experience in corporate development, strategy, capital markets, and mergers and acquisitions, having previously served as CFO and VP of Corporate Development at Probe Gold Inc. [3] - His notable achievements include executing over $1.3 billion in mining and resource M&A transactions, particularly in the gold sector [4]. Strategic Focus - The company aims to leverage Langlois's expertise to enhance shareholder value and advance the AurMac Project, which is one of Canada's largest undeveloped gold projects [5]. - A Preliminary Economic Assessment (PEA) for the AurMac Project is expected in the second half of 2026 to establish key economic benchmarks [5]. Exploration Update - The 2026 exploration program at AurMac is currently underway, with five drills operating and 5,749 meters drilled to date [7]. - The company has granted 850,000 stock options to consultants and employees at an exercise price of $1.10 per share, with a vesting period of 18 months [7][8]. Mineral Resource Estimates - The AurMac Project has an Indicated Mineral Resource of 2.274 million ounces of gold and an Inferred Mineral Resource of 5.453 million ounces of gold, with the effective date of the estimate being June 28, 2025 [9][10]. - The project covers 303 square kilometers and is located 40 km from Mayo, Yukon, benefiting from existing infrastructure [9]. Additional Projects - Banyan also holds the Hyland Gold Project, which has an Indicated Mineral Resource of 337,000 ounces of gold and 2.63 million ounces of silver, and the Nitra Gold Project, a grassroots exploration project covering approximately 313.9 square kilometers [15][16].