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Maxus Mining Unlocks Value at Silver-Rich Quarry Project with Completion of Historical Drillhole Compilation & Analysis of Historical Estimate
Globenewswire· 2026-02-05 13:00
VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Maxus Mining Inc. (“Maxus” or the “Company”) (CSE: MAXM | FRA: R7V) is pleased to announce that it has completed a comprehensive compilation (the “Compilation”) of all available historical drillhole data for the Company’s Quarry project (the “Property” or “Project”) located in British Columbia, Canada (Please see Figure 1). The Company will now begin detailed geological review and interpretation of this dataset, which will be integrated with the ...
ATERRA Finalizes Option Agreements for the Totora Copper-Gold Porphyry Properties, Region III, Chile
TMX Newsfile· 2026-02-03 12:30
Core Insights - ATERRA Metals Inc. has executed option agreements for the Totora copper-gold porphyry properties located in Chile, which includes multiple porphyry systems such as the Frontera deposit and two advanced prospects, Totora and Clinton [1][2] Group 1: Project Overview - The Totora Project is situated 60 kilometers south of Vallenar in Chile's Region III and hosts several copper-gold porphyry systems [1] - The project includes the Frontera, Taruca, Clinton properties, and a newly added Sevilla concession, which has evidence of artisanal mining activities [4] Group 2: Financial and Operational Updates - ATERRA recently closed a private placement of $2.78 million, which will support the exploration activities at the Totora Project [2] - The company plans to mobilize a field crew to start exploration activities immediately, focusing on re-logging historical drill core and preparing for geophysical studies [2] Group 3: Historical Results and Resource Estimates - Historical drilling results from the Frontera deposit indicate 16 million indicated tonnes grading 0.66% CuEq and 34 million inferred tonnes grading 0.64% CuEq [6][8] - The Clinton property has historical drilling highlights, including 166 meters grading 0.63% CuEq [12] - The Totora porphyry has been the focus of various drill programs, with approximately 10,140 meters completed, outlining a mineralized system extending to depths of up to 500 meters [15] Group 4: Geological Context - The copper-gold porphyries in the Totora area are associated with quartz diorite and dacitic intrusions linked to the Domeyko Intrusive Complex, with mineralization closely related to regional fault structures [5]
Gold X2 Announces Positive Reconciliation in Main Zone Grade Control Drilling with Intercepts Including 49.0m of 2.13 g/t Au
TMX Newsfile· 2026-01-30 12:00
Core Insights - Gold X2 Mining Inc. has announced the final batch of assay results from its grade control drill program at the Moss Gold Project, indicating strong continuity of high-grade gold mineralization [1][5][22] Group 1: Assay Results - The final eleven drill holes have shown significant intercepts, including 73.8 meters of 1.30 g/t Au and 61.25 meters of 1.53 g/t Au, reinforcing confidence in the high-grade shear corridors [5][17][18] - The overall results from the 61-hole program indicate that the actual intercept lengths are 23% larger than predicted by the current resource model, although the average grade is 8% lower [14][22] Group 2: Drilling Strategy and Resource Model - The company has implemented close-spaced drilling to enhance the understanding of gold distribution and to derisk the resource model, which has led to the identification of additional secondary shear zones [2][10] - The geological model confirms that mineralization occurs preferentially within diorite-granodiorite intrusions, with shear intensity correlating positively with gold grades [12][13] Group 3: Future Plans and Economic Implications - An upcoming infill drill program is expected to further grow the resource and improve the project's economics, with a focus on optimizing the mining block size and fleet selection [2][11] - The updated mineral resource estimate for the Moss Gold Project includes 2.458 million ounces of Indicated gold resources at 1.04 g/t Au and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au [30]
Minaurum发布墨西哥Alamos白银项目资源估算
Wen Hua Cai Jing· 2026-01-29 12:38
Group 1 - Minaurum Silver announced the completion of the Mineral Resource Estimate (MRE) for its wholly-owned Alamos silver project in Sonora, Mexico, with a total resource of 5.37 million tons [2] - The resource contains 34.8 million ounces of silver, 35,640 ounces of gold, 5,100 million pounds of copper, 115 million pounds of lead, and 238 million pounds of zinc, equivalent to 55.2 million ounces of silver [2] - The sensitivity analysis indicates that the resource remains robust at a cutoff grade above 150 grams per ton of silver equivalent, highlighting the high-grade nature of the mineralization [3] Group 2 - CEO Darrell Rader stated that the estimated resource of 55 million ounces of silver equivalent was defined from only three parts of the 26 identified vein areas at Alamos, marking a significant milestone for Minaurum [3] - The estimation establishes Alamos as a high-grade silver district with rare grades and widths, with each vein area available for expansion [3]
Galiano Gold Expands Abore High-Grade Footprint with Multiple Intercepts in Latest Drilling Including 14.2 g/t Au over 15m and 4.7 g/t Au over 24m
TMX Newsfile· 2026-01-29 12:30
Core Insights - Galiano Gold Inc. has reported successful results from the 2025 Abore drilling program at the Asanko Gold Mine in Ghana, indicating continuity of high-grade mineralization and new discoveries at depths of up to 200 meters [1][2][4] Drilling Program Results - The 2025 Abore drilling program consisted of 11,000 meters and was completed in December 2025, with results to be included in the upcoming maiden underground Mineral Resource estimate expected in February 2026 [2][4] - Significant drill highlights include: - Hole ABDD25-431: 14.2 grams per tonne (g/t) gold over 15 meters from 231 meters - Hole ABDD25-444: 4.4 g/t Au over 30 meters from 306 meters - Hole ABDD25-453: 30.4 g/t Au over 4 meters from 500 meters [6][16] High-Grade Continuity - Infill drilling at the Abore South pit confirmed multiple high-grade intercepts, enhancing the vertical extent of the Main pit ore shoot by at least 50 meters [7][8] - Notable intercepts include: - Hole ABDD25-444: 30 meters at 4.4 g/t Au from 306 meters - Hole ABDD25-448: 11 meters at 3.0 g/t Au from 480 meters and 15 meters at 3.4 g/t Au from 496 meters [7][9] Step Out Drilling - Four step-out holes were drilled to test extensions of the Abore mineralizing system, all intersecting mineralization, with significant results from holes ABDD25-448 and ABDD25-453 [9][10] - These results indicate that the Abore system remains open at depth across the entire 1.8 kilometers of strike length [11] Future Exploration Plans - Galiano plans to allocate an initial exploration budget of $17 million for 2026, focusing on Mineral Resource and Reserve growth [12][13] - An aggressive drilling program of 30,000 meters is planned at Abore in 2026, with additional infill drilling at Esaase to convert existing resources [17][18] Geological Context - The Abore deposit is located approximately 13 kilometers north of the AGM's processing plant and has current Measured and Indicated Mineral Resources of 638,000 ounces at 1.24 g/t Au [18][19]
Goldsky Resources (OTCPK:FNMC.D) Earnings Call Presentation
2026-01-28 16:00
Transformational acquisition to become 100% owner of the Barsele Gold Project in Sweden January 2026 1 Disclaimer This management presentation (this "presentation") is dated [l] and has been prepared by Goldsky ResourcesCorp. (formerly Goldsky Metals Corp.) ("Goldsky") based on information available to Goldsky at the time of preparing this presentation. This presentation has been prepared following Goldsky's acquisition of all of the outstanding and issued common shares of Mawson Finland Limited ("Mawson") ...
NexGold Initiates a 25,000-metre Infill Diamond Drill Program at the Goliath Gold Complex, Ontario
Globenewswire· 2026-01-28 12:00
Core Viewpoint - NexGold Mining Corp. has initiated a diamond drilling program at its Goliath Gold Complex in Ontario, focusing on the Goldlund Deposit to infill and potentially expand open-pit Mineral Resources, with a total of up to 25,000 metres planned for 2026 [1][2]. Group 1: Drilling Program - The drill program aims to increase drill density in the deeper portions of the Goldlund open-pit Mineral Resource and to test high-grade plunging shoots for geological continuity [1]. - The drilling commenced in late 2025 and is expected to continue throughout 2026, with regular updates on results anticipated [2]. Group 2: Mineral Reserves and Resources - The Goliath Complex includes Proven & Probable Mineral Reserves of 1,267,000 ounces of gold and 1,724,000 ounces of silver, based on 30,319,000 tonnes at a grade of 1.30 g/t gold and 1.77 g/t silver [2][3]. - The Goldlund Deposit specifically has Probable Reserves of 621,000 ounces of gold at a grade of 1.19 g/t gold, with a total of 1,784,500 ounces of gold and 2,819,100 ounces of silver in combined Measured and Indicated open-pit Mineral Resources [2][3]. Group 3: Company Strategy and Community Engagement - The President and CEO of NexGold stated that 2026 is expected to be a transformational year for the company, with a focus on advancing the Goldboro Gold Project in Nova Scotia while optimizing the Goliath Complex [2]. - The company emphasizes the importance of engaging with First Nations communities and advancing permitting activities alongside technical studies [2].
Wide, High-Grade Lithium Intercepts at Vega Zone, and New High-Grade Discovery at CV13
Prnewswire· 2026-01-21 22:00
Core Insights - The 2025 drill campaign at the Shaakichiuwaanaan Property has yielded the best lithium intercepts reported to date from the high-grade Vega Zone, with significant spodumene mineralization identified [2][3] - A new high-grade lithium zone named "Helios" has been discovered at CV13, indicating ongoing exploration success beyond the Vega Zone [2][3] - The total drilling completed in 2025 amounted to 57,024 meters across 245 holes, with results for lithium and tantalum reported for 15,081 meters [5][24] Lithium Results - Notable lithium intercepts from the Vega Zone include: - 55.0 meters at 2.58% Li2O, including 29.9 meters at 4.11% Li2O (CV25-1006) - 24.7 meters at 4.00% Li2O, including 7.0 meters at 6.04% Li2O (CV25-1017A) - 31.2 meters at 2.07% Li2O, including 1.1 meters at 7.32% Li2O (CV25-1023) [5][20] - The Helios Zone has reported: - 8.8 meters at 2.97% Li2O, including 5.4 meters at 4.60% Li2O (CV25-984) - 6.4 meters at 2.61% Li2O, including 4.1 meters at 3.94% Li2O (CV25-977) [5][15] Tantalum and Caesium Results - Tantalum results are pending for several holes, with overlimit analysis triggered for multiple holes, including those in the newly discovered Helios Zone [2][10] - Core assay results for caesium are also pending for the CV13 Pegmatite, with significant overlimit analysis required [9][10] Geological Context - The Shaakichiuwaanaan Property is recognized as hosting one of the largest pegmatite mineral resources globally, with robust infrastructure support for year-round access [7] - The 2025 drilling campaign included extensive testing of multiple Li-Cs-Ta pegmatite prospects, contributing to a comprehensive understanding of the geological framework [8][25] Future Developments - The geological team is currently interpreting the 2025 drill hole data to enhance geological models for the CV5 and CV13 pegmatites, with plans for an updated economic study in the second half of 2026 [25] - An underground bulk sample of mineralized pegmatite at CV5 is currently being permitted, indicating a focus on advancing the project towards development [25]
Zephyr Announces Private Placement
TMX Newsfile· 2026-01-21 12:40
Core Viewpoint - Zephyr Minerals Ltd. is initiating a non-brokered private placement financing to raise up to $200,000 by issuing up to 4,000,000 units at a price of $0.05 per unit, which will support its operations and advance permitting for the Dawson Gold project [1][3]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.10 for two years [1]. - Proceeds from the private placement will be allocated for general working capital and to advance permitting on the Dawson Gold project [3]. - Certain insiders of the company are expected to participate in the private placement [3]. Group 2: Dawson Gold Project Updates - Zephyr has completed the first quarter of a groundwater monitoring and analytical program at the Dawson Gold deposit, with the full program expected to conclude by the end of 2026 [2]. - The company plans to resubmit a mining permit application to the Colorado Division of Reclamation, Mining and Safety for its 100%-controlled Dawson Gold property upon receiving all analytical data [2]. - The Dawson Gold Deposit has an inferred mineral resource of 343,000 tonnes grading 12.11 g/t for 133,500 ounces of gold, with significant exploration potential remaining [6]. Group 3: Regulatory and Market Context - The Zimbabwean Government has appointed a new Minister of Mines, which is viewed positively regarding the granting of two Exclusive Prospecting Orders covering 124,000 hectares applied for in 2021 [3][7]. - The private placement is subject to customary closing conditions, including approval from the TSX Venture Exchange [4].
Volta Commences Definition Drilling and Resource Expansion Program at the Springer REE Project in Ontario, Canada
TMX Newsfile· 2026-01-21 11:00
Core Viewpoint - Volta Metals Ltd. has initiated its fully funded second-phase winter drill program at the Springer Rare Earth Deposit in Ontario, aiming to expand known mineralization and advance the property towards development [1][3]. Group 1: Drill Program Details - The second-phase drill program is designed to expand mineralization, increase confidence in the rare earth system, and generate geotechnical and geometallurgical data for a planned Preliminary Economic Assessment in 2026 [2][3]. - The program will consist of 16 diamond drill holes totaling approximately 5,750 meters, with completion scheduled for Q1-2026 [6][7]. - The drilling aims to infill historic drilling to 50m spacing, expand mineralization along strike and depth, and collect critical geological data [7][8]. Group 2: Phase 1 Drill Review - The Phase 1 drill program included four diamond drill holes totaling 1,638 meters, confirming extensions of REE mineralization at depth and along strike [8][9]. - All boreholes intersected continuous REE mineralization, with thicknesses ranging from 283m to 438m and Total Rare Earth Oxides (TREO) grades between 0.65% and 0.95% [9][10]. - Notably, borehole SL25-24 returned a high-grade Dysprosium and Terbium oxide interval averaging 184.04 g/t Dy₂O₃ + Tb₂O₃ over 27.1m, highlighting the potential for high-value heavy rare earth elements [11]. Group 3: Resource Estimates - The historical mineral resource estimate from 2012 indicates an Indicated Resource of 4.2 million tonnes at 1.14% TREO and an Inferred Resource of 12.7 million tonnes at 1.17% TREO [22]. - Approximately 6% of the TREO in the Indicated Resource is made up of Heavy Rare Earth Oxides (HREO), while 4% in the Inferred Resource consists of HREOs [22][24]. Group 4: Project Location and Infrastructure - The Springer REE project spans approximately 5,139 hectares and is located north of Sturgeon Falls, Ontario, about 70 km from the Sudbury mining district [18][20]. - The property benefits from excellent infrastructure, including access via the Trans-Canada Highway and proximity to power generation facilities [20].