VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSX-V: ALDE, OTCQX: ADBRF) is pleased to provide results of 11 holes from the in-fill drilling program currently being completed at the Altar project in San Juan, Argentina. The goal of these holes was to upgrade blocks of known resource classified as Inferred to Measured & Indicated. All holes reported today were focused either on the Altar Central or Altar United zones. | Table 1 - Drill ...

TORONTO, June 13, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide an update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Project in Nova Scotia (“Goldboro”). The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and I ...

Heye Daun, Koryx Copper's President and CEO commented: "We are very encouraged by the latest drill results which demonstrates that the Haib copper/molybdenum project continues to incrementally improve, albeit at a slightly slower drilling and assaying pace than we expected earlier this year. We now have a bulked-up technical team in place, with additional drill rigs expected to arrive within the next few weeks, which should improve our drilling rate from the 2 half of the year. In parallel with the drilling ...

Melbourne, Victoria--(Newsfile Corp. - May 22, 2025) - Besra Gold Inc. (ASX: BEZ) ("Besra" or the "Company") is aware of certain information related to Besra and its business that was provided as part of a presentation (the Unauthorised Presentation) made on behalf of Quantum Metal Bullion Pty Ltd (Quantum Metal). Quantum Metal is a company associated with Dato Lim Khong Soon, a director of Besra.The Unauthorised Presentation, which the Company is aware has been presented several times online, contains:(a) ...

Core Insights - Cygnus Metals Limited has reported significant high-grade gold mineralization at the Golden Eye prospect within the Chibougamau Copper-Gold Project in Quebec, with the best intercepts to date being 60.8g/t AuEq over 0.4m, including 51.3g/t Au, 7.2% Cu, and 18.0g/t Ag [1][6][13] - The results indicate the potential for valuable resource growth, with additional assay results expected soon from ongoing drilling [5][9][10] Drilling Results - Recent drilling results include: - 7.4m @ 5.7g/t AuEq (4.6g/t Au, 0.9% Cu, 5.6g/t Ag) from 405.6m, with a notable interval of 3.1m @ 9.6g/t AuEq [6][13] - 2.9m @ 10.2g/t AuEq (8.3g/t Au, 1.4% Cu, 3.3g/t Ag) from 463.8m, including the high-grade 0.4m @ 60.8g/t AuEq [6][13] - Historical drilling has shown significant intersections, such as 5.9m @ 34.1g/t AuEq and 4.5m @ 21.6g/t AuEq, indicating a strong potential for resource estimation [7][14] Project Development - The Golden Eye prospect is strategically located 3km from Cygnus' central processing plant, with existing dual ramp access within 150m of the mineralization [8][10] - Cygnus plans to compile new drilling results with historical data from 77 holes totaling 21,371m to complete an initial Mineral Resource Estimate for Golden Eye [10][15] Historical Context - The Chibougamau district has a rich history of gold and copper production, with over 3.5 million ounces of gold produced historically at an average grade of 2.1g/t Au [11][12] - Golden Eye has never been mined and was last drilled in the early 1990s when gold prices were significantly lower [6][10] Future Outlook - Cygnus aims to leverage ongoing exploration and data compilation to identify additional drill targets and enhance resource growth, focusing on low-risk brownfield exploration [15][12] - The company is positioned to benefit from historically high gold prices, making Golden Eye a potential growth driver [8][9]

A new definition drill program comprised of 4,300m of diamond drilling in 8 holes that will commence shortly is focussed on upgrading and expanding high grade tin mineralization hosted in intrusion and phreatomagmatic breccia (TIB and TPMB, respectively) and the shallower higher grade silver mineralized zone which is above the tin zone.The broad tin intersections in TIB and TPMB contain visually coarse-grained cassiterite which is likely to be amenable to gravity separation. Further TIMA mineralogy is plann ...

Core Viewpoint - Vanguard Mining Corp. has acquired the Yuty Prometeo Project in Paraguay, which is expected to enhance its uranium exploration strategy, with an initial NI 43-101 Technical Report to be prepared by senior geologist Ariel Testi [1][3]. Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium, and is advancing projects in the United States and Paraguay [21]. - The company aims to create value through responsible exploration and the acquisition of promising uranium properties [21]. Project Details - The Yuty Prometeo Project consists of a 90,000-hectare (222,395-acre) land package, including the San Jose and Prometeo concessions, located in the uranium-rich Paraná Basin of southeastern Paraguay [2][8]. - The Prometeo Concession covers approximately 27,666 hectares (68,368 acres) and is adjacent to UEC's Yuty Project, which has a defined uranium resource of 8.96 million pounds [2][9]. - The San Jose Concessions total approximately 62,210 hectares (153,754 acres) and have shown significant uranium anomalies based on previous radiometric surveys [10][11]. Geologist Profile - Ariel Testi, a seasoned geologist with 22 years of experience in the mining industry, has been retained to prepare the initial Technical Report for the Yuty Prometeo Project [4][6]. - Testi has a strong background in mineral exploration and has previously contributed to significant discoveries, including the Ivana Deposit in Argentina [6][7]. Industry Context - Paraguay is emerging as a favorable mining jurisdiction in South America, characterized by political stability, low sovereign risk, and a supportive regulatory environment for mineral exploration [20]. - The country is increasingly recognized for its potential in uranium and other strategic minerals, making it an attractive destination for mining companies [20].