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Viscount Mining Launches Fully Funded Major 2026 Exploration Program at Silver Cliff Targeting Resource Expansion at the Kate Deposit and Advancement of the Passiflora Gold - Copper Porphyry Discovery
TMX Newsfile· 2026-03-31 11:45
Core Viewpoint - Viscount Mining Corp. is advancing its exploration strategy for 2026, focusing on the Kate silver resource and emerging gold-copper system at Passiflora, with upcoming drilling expected to drive near-term catalysts [1][20]. Exploration Strategy - The company is fully funded for a robust exploration program across its U.S. assets following a successful oversubscribed financing led by Centurion One Capital [2]. - Increased technical momentum is noted in the Silver Cliff district, where Viscount controls a significant land position [2]. Geological Insights - The geological model of the Silver Cliff district has been refined, revealing multiple mineral systems beyond the previously focused shallow high-grade silver mineralization [3][4]. - The Kate Deposit currently has a NI 43-101 compliant resource of approximately 24 million ounces of silver, with potential for further expansion [5][6]. Drilling Programs - A 10-hole drill program at the Kate Deposit is set to expand the mineralized footprint and provide data for a revised NI 43-101 resource later this year [7][9]. - The upcoming drilling will also target deeper structural zones that may serve as feeder pathways for mineralizing fluids [8]. Passiflora Target - Geological and geophysical evidence supports the presence of a significant gold-copper porphyry system at the Passiflora target, with a previous drill hole intersecting 843.9 meters of continuous mineralization [10][11]. - The 2026 drill program will include a minimum of three deep holes to evaluate the extent and continuity of the mineralized system [13]. Additional Projects - Viscount plans to initiate a new drill program at the Cherry Creek Project in Nevada, focusing on several distinct mineral systems identified through historical and modern geological interpretation [18][19]. Corporate Developments - The company has engaged Delray Capital Markets for investor outreach and market awareness initiatives, with a consulting fee of US$100,000 for a 30-day term [23][24]. - Clarifications regarding a previous financing of $5.3 million include details on cash commissions and units issued as part of the corporate finance fee [25].
NexMetals Intersects 10.50 Metres of Sulphide Mineralization at Selebi Main in Drill Hole SMD-26-209, Expanding the Flexure Zone
TMX Newsfile· 2026-03-26 11:00
Core Insights - NexMetals Mining Corp. reports strong visual results from drill hole SMD-26-209, indicating significant sulphide mineralization in the Flexure Zone at the Selebi Main deposit in Botswana [1][3] - The ongoing drilling program is reinforcing the scale and continuity of the Selebi system, with potential for resource expansion beyond the 2024 Mineral Resource Estimate [1][3] Drilling Results - Drill hole SMD-26-209 intersected a 10.50 metre interval of sulphide mineralization, including 3.05 metres and 5.95 metres of massive sulphides [5][7] - Visual results from SMD-26-209 are consistent with previous hole SMD-25-205, which reported 11.05 metres of 7.31% CuEq, suggesting expansion potential within the Flexure Zone [5][8] - The presence of thick, continuous massive sulphide intervals supports the interpretation of a robust and extensive mineralized system at Selebi Main [5][8] Flexure Zone Insights - The Flexure Zone is located down-dip and down-plunge of the 2024 MRE and was identified through drilling and borehole electromagnetic (BHEM) results [9] - SMD-26-209 is positioned 350 metres southwest of SMD-25-205, further defining the emerging Flexure Zone [8][9] Ongoing Drilling Program - A total of 19,130 metres have been drilled across 8 completed holes, with additional holes in progress targeting the Flexure Zone [10] - The drilling program utilizes advanced equipment, including company-owned underground drills converted for surface use [13] Company Overview - NexMetals Mining Corp. is focused on redeveloping the Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana, with ongoing efforts to expand resources and support future economic studies [18] - The company emphasizes disciplined execution and long-term stakeholder value creation, backed by an experienced management and technical team [18]
Selkirk Copper Expands Mineralization at Four Resource Zones at the Minto Copper-Gold-Silver Mine
Insider Monkey· 2026-03-25 14:03
Core Insights - Selkirk Copper Mines Inc. has announced new assay results from its ongoing 50,000 m drill program at the Minto Mine in Yukon, Canada, indicating significant mineralization and potential for resource expansion [3][4][6]. Drilling Program Update - The Phase 1 drill program, which began in August 2025, is nearing completion with 48,751 meters drilled across 164 holes, representing 97% of the planned program [6][7]. - The program aims to expand resources and collect technical data to support a Preliminary Economic Assessment (PEA) scheduled for completion by mid-2026 [4][6]. Mineralization Results - Drilling at Minto North has revealed high-grade mineralization, with notable results including 2.26% Cu, 2.23 g/t Au, and 10.39 g/t Ag over 8.1 m [5][11]. - At Minto East, significant mineralization was found at depths of up to 650 meters, with drill hole 25SCM082 returning 2.45% Cu, 1.18 g/t Au, and 8.44 g/t Ag over 5.8 m [20][21]. - The Ridgetop and Area 118 zones are showing potential for open-pit development, with assay results indicating mineralization above the 2025 MRE open pit cut-off grade of 0.30% CuEq [24][25]. Personnel Update - Chuck Hennessey has stepped down as Senior Vice President Operations, effective March 31, 2026, after contributing significantly to the development plans at Minto [32]. Quality Assurance and Data Validation - The company employs rigorous QAQC procedures for its drilling program, ensuring high analytical performance across copper, gold, and silver datasets [33][34]. Mineral Resource Estimate - The current Minto Mineral Resource Estimate indicates a total of 12,588,000 tonnes with an average grade of 1.203% Cu, 0.461 g/t Au, and 4.3 g/t Ag [35].
First Majestic Announces Results of the 2025 Drilling Program at Jerritt Canyon Gold Mine
TMX Newsfile· 2026-03-10 21:09
Core Viewpoint - First Majestic Silver Corp. has announced successful results from its 2025 exploration program at the Jerritt Canyon Gold Mine, indicating potential for expanding gold Mineral Resources through both open-pit and underground mining methods [1][2]. Exploration Highlights - The 2025 drilling campaign at Jerritt Canyon totaled approximately 18,300 meters across 57 drill holes, focusing on new gold mineralized zones beneath non-favorable cover rocks and assessing known mineralization continuity [3][4]. - Significant underground intercepts were defined by a minimum length of 4.6 meters and a gold cut-off grade of 1.13 g/t, while significant open-pit intercepts required at least 9.1 meters and a 0.43 g/t Au cut-off grade [4]. Key Drilling Results - Notable drill hole intercepts include: - MA-25-017 (Mahala/Javelin): 24.4 meters at 3.43 g/t Au [5] - MA-25-008 (Mahala/Javelin): 7.6 meters at 9.43 g/t Au [5] - SC-25-003 (Saval): 51.8 meters at 1.48 g/t Au [5] - The results indicate significant potential for both underground and open-pit mining methods across the district [4][5]. Target Areas - The Mahala and Javelin targets are identified as having significant expansion potential, with geological continuity modeled between them. Previous drilling at Javelin yielded intercepts of 8.76 g/t Au over 15.2 meters [7]. - The Saval area, characterized by Carlin-style mineralization, has been targeted for near-surface mineralization evaluation, with drill hole SC-25-003 intersecting 51.8 meters at 1.48 g/t Au [18]. Company Overview - First Majestic Silver Corp. is focused on silver and gold production in Mexico and the United States, operating four producing underground mines in Mexico and holding a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine [29].
Luca Intersects 7.6 Metres of 16.1 g/t Gold at Tahuehueto Mine - Expanding High-Grade Mineralization Near Existing Workings
Prnewswire· 2026-03-05 12:00
Core Insights - Luca Mining Corp. has reported high-grade gold mineralization results from its ongoing drilling program at the Tahuehueto gold-silver mine in Durango, Mexico, confirming the continuity of breccia-hosted mineralization and highlighting potential for resource expansion [1][2] - The company has increased its 2026 drill budget by 40% to $3.5 million based on strong drilling results, with a total of 28 underground holes and 19 surface holes completed to date [1][2] - Significant high-grade intercepts were recorded, including 7.6 meters of 16.08 g/t AuEq and 5.4 meters of 16.00 g/t AuEq, indicating strong continuity of mineralization in unmined areas [1][2] Drilling Results - The drilling program targeted a previously untested zone approximately 30 meters below active mine workings, confirming the strike continuity of the high-grade breccia zone [1][2] - Key intercepts include: - DDH26-SU-01: 7.6 m @ 16.08 g/t AuEq (14.27 g/t Au, 46.64 g/t Ag, 0.33% Cu, 2.57% Pb, 1.19% Zn) [1][2] - DDH26-SU-02: 1.9 m @ 6.77 g/t AuEq (1.38 g/t Au, 178.00 g/t Ag, 2.38% Cu, 0.76% Pb, 0.69% Zn) [1][2] - DDH26-SU-03: 13.2 m @ 7.11 g/t AuEq (6.66 g/t Au, 17.18 g/t Ag, 0.04% Cu, 0.25% Pb, 0.65% Zn) [1][2] Exploration Program - The 2026 exploration program aims to expand known mineral resources and define the vertical and lateral extent of mineralization, with at least 14 additional prospective veins documented within the concession area [1][2] - The Tahuehueto property features approximately 11 kilometers of known vein strike length, with significant exploration upside compared to the current mineral resource model [1][2]
Cambria Gold Mines Reports Results From 2024 & 2025 Drilling, Including 20.7 g/t Au and 50.1 g/t Ag over 15.9 meters at Big Missouri Extension
TMX Newsfile· 2026-03-03 12:30
Core Insights - Cambria Gold Mines Inc. has announced positive results from its 2024 and 2025 drilling programs at the Premier Gold Project, indicating strong resource expansion potential and high-grade gold mineralization [1][2]. Drilling Programs Overview - A total of 26,303 meters of surface drilling was completed in 2024 and 2025, involving 135 exploration diamond drillholes focused on infill and extension drilling for the Big Missouri deposit and new target areas around the Premier-Northern Lights deposit [1]. - The 2025 drilling program included 3,252 meters over 15 holes for the Big Missouri extension, yielding multiple high-grade gold intercepts [3]. - An additional 11,712 meters within 35 holes were drilled in 2025 to explore new targets, delineating a new zone near the Premier mill facility associated with chargeability highs from previous geophysical surveys [4]. Significant Findings - High-grade gold intercepts were reported, including 15.9 meters at 20.75 g/t Au and 51.0 g/t Ag in hole P25-2659a, and 6.9 meters at 32.81 g/t Au and 13.4 g/t Ag in hole P25-2670 [8][9]. - The 2024 infill drilling at Big Missouri consisted of 11,339 meters over 85 holes, confirming grades and geometries indicated by previous drilling, suggesting potential for broader mineralization and higher tonnage [5][6]. Future Plans - The company has commenced its 2026 drilling program, targeting the upgrading and expansion of current Mineral Resources, with a focus on development infill drilling of known Premier deposits [2].
NexGold Intersects 9.30 g/t Gold Over 11.0 Metres and 2.31 g/t Gold Over 21.5 Metres at the Goldlund Deposit, Ontario
Globenewswire· 2026-02-25 12:00
Core Viewpoint - NexGold Mining Corp. has announced additional results from its diamond drilling program at the Goliath Gold Complex, focusing on the Goldlund Deposit, which aims to infill and potentially expand open pit mineral resources [1][2]. Drilling Program Details - The diamond drilling program consists of up to 25,000 metres, with recent results including 1,883 metres from five drill holes [1]. - The drill holes are designed to infill mineralization areas within or near the base of the open pit Mineral Resource, primarily within the Inferred category of Zone 4 mineralization [1][2]. Mineralization Insights - The mineralization at the Goldlund Deposit is characterized by quartz stockwork veining within sub-vertical granodiorite sills, with Zone 4 showing wide intervals of mineralized intermediate-mafic volcanic rocks [2]. - The results indicate strong continuity of mineralization at depth, supporting the geological model and enhancing confidence in future mineral resource estimates [2]. Drill Results Highlights - Significant gold intercepts include: - 9.30 g/t gold over 11.0 metres in drill hole GL-25-010, with high-grade intervals of 64.10 g/t over 0.9 metres [4][5]. - 2.31 g/t gold over 21.5 metres in drill hole GL-25-011, including 30.10 g/t over 0.7 metres [4][5]. - 1.18 g/t gold over 33.5 metres in drill hole GL-25-009, with a notable 62.30 g/t over 1.0 metre [4][5]. - 2.34 g/t gold over 10.2 metres in drill hole GL-25-013, including 15.8 g/t over 0.7 metres [4][5]. - 1.03 g/t gold over 16.5 metres in drill hole GL-25-014, with a peak of 28.9 g/t over 1.5 metres [4][5]. Company Overview - NexGold Mining Corp. is focused on gold mining, with assets in Canada and Alaska, including the Goliath Gold Complex and the Goldboro Gold Project in Nova Scotia [9]. - The company is committed to sustainable practices and community engagement throughout its project lifecycle [9].
Blackrock Silver Commences 17,000 Metre Two-Phased Expansion Drill Programs at Tonopah West Project
TMX Newsfile· 2026-02-25 11:00
Core Viewpoint - Blackrock Silver Corp. is initiating two major resource expansion drill campaigns at the Tonopah West project in Nevada, aiming to enhance its mineral resource estimates and advance towards development [1][4]. Group 1: Expansion Strategy - The expansion strategy consists of two phases: - Eastern Expansion Program targeting 9,100 meters (30,000 feet) with 20 holes, focusing on shallow mineralization along the Pittsburg-Monarch fault [2]. - Northwest Expansion Program targeting 8,000 meters (26,250 feet) with 10 holes, utilizing a cost-effective RC/Core hybrid drilling method [3]. Group 2: Development Path - The company is on track to deliver an updated mineral resource estimate and preliminary economic assessment by the end of March 2026, with a fully-funded 17,000-meter expansion program underway [4]. - The NW Expansion Program will include an 800-meter step-out hole based on recent seismic data, targeting extensions of the Denver and Paymaster vein sets [4][7]. Group 3: Drilling and Quality Control - The drilling will utilize a method that combines reverse circulation and core drilling to maximize efficiency and data quality [3][7]. - All sampling is conducted under strict supervision, ensuring a chain of custody from the project site to the laboratory for accurate results [6][9]. Group 4: Geological Insights - The 2025 eastern expansion drill program identified at least three northwest-oriented structures with significant mineralization, confirming the importance of the Pittsburg-Monarch fault [7]. - The NW Expansion Program aims to explore open-ended gold and silver intercepts, with good potential for expansion based on previous drilling results [7]. Group 5: Hydrology and Permitting - The Phase-2 hydrology program is nearing completion, with five piezometer wells installed to assess water in the proposed mining area, aiding in the permitting process for exploration and test mining [7].
Osisko Intersects 694 Metres Averaging 0.31% Cu at Gaspé
Globenewswire· 2026-02-25 11:00
Core Insights - Osisko Metals has announced new drill results from the Gaspé Copper Project, indicating significant mineralization and potential resource expansion [2][3] - The Southern Extension of the deposit is open to the south, with notable high-grade intercepts reported [3][11] Drill Results - Drill hole 30-1177 intersected 315 metres averaging 0.42% Cu, including a high-grade zone of 51 metres averaging 1.24% Cu [3][8] - Historical drill hole 30-0888, located 625 metres south of the 2024 MRE model, produced 92.9 metres averaging 0.35% Cu [3][11] - Additional drill holes have shown promising results, with 53 mineralized intercepts reported from 19 new and 2 re-assayed drill holes [3][7] Mineral Resource Update - The updated Mineral Resource Estimate (MRE) for Gaspé Copper is expected to be released by the end of March 2026, reflecting the new drilling data [3][11] - The current focus is on converting inferred mineral resources to measured or indicated categories and expanding the resource model [3][15] Geological Context - The mineralization at Gaspé Copper is characterized as porphyry copper/skarn type, with various mineralizing events recognized [13] - The current drill program aims to explore deeper into the stratigraphy and laterally towards Needle East and Needle Mountain [15][16] Company Overview - Osisko Metals is focused on the exploration and development of critical metals, particularly copper and zinc, with a 100% interest in the Gaspé Copper mine [24] - The Gaspé Copper mine is noted for hosting the largest undeveloped copper resource in eastern North America [24]
GR Silver Mining Ltd. to Present at the Precious Metals & Critical Minerals Virtual Investor Conference February 10th
Globenewswire· 2026-02-09 22:08
Company Overview - GR Silver Mining Ltd is focused on advancing its fully owned silver assets, particularly the Plomosas High-Grade Silver project in Mexico [3][6] - The company is fully financed with $28.8 million in treasury, enabling it to conduct an aggressive resource expansion drilling campaign of 20,000 meters in 2026 [6] Upcoming Events - CEO Marcio Fonseca will present live at the Precious Metals & Critical Minerals Virtual Investor Conference on February 10, 2026, at 3:00 PM ET [1] - The event will allow real-time interaction with investors, and an archived webcast will be available for those unable to attend live [2] Strategic Goals - GR Silver aims to update its current Mineral Resource Estimate of 134 million ounces of silver equivalent in 2026 [3][6] - The company plans to provide a Preliminary Economic Study (PEA) by late 2026 [3][6]