Mineral Resource Expansion
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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]
Blue Lagoon Milling Partner Nicola Mining Shifts Focus Exclusively to Blue Lagoon's Gold & Silver Mineralized Material
Thenewswire· 2026-01-29 13:00
Core Viewpoint - Blue Lagoon Resources Inc. is advancing underground production at its 100%-owned Dome Mountain Gold & Silver Project, with its milling partner, Nicola Mining Inc., focusing exclusively on processing the Company's high-grade mineralized material [1][2]. Group 1: Production and Processing - Nicola Mining will dedicate its milling capacity solely to material from Dome Mountain, streamlining the processing path as Blue Lagoon enhances underground operations [2]. - Blue Lagoon has received nearly $1 million for the initial 1,000 tonnes delivered to Nicola in December and expects to deliver an additional 1,500 tonnes by the end of the week, totaling approximately 2,500 tonnes [3]. - The Company is building inventory in advance of scheduled milling, reflecting a steady increase in underground output following the opening of multiple mining faces [3][6]. Group 2: Market Environment - The operational advancements are occurring in a favorable gold and silver price environment, with spot gold prices exceeding US$5,500 per ounce and silver prices over US$115 per ounce [4]. - Management believes that the current price backdrop enhances the leverage of near-term production as operations at Dome Mountain ramp up [4][6]. Group 3: Company Strategy and Future Plans - Blue Lagoon aims to execute operations safely and consistently while maintaining a predictable delivery schedule to its milling partner [6]. - The Company plans to reinvest internally generated cash flow into near-mine and regional exploration starting in H1 2026 to expand its resource base [10]. - Blue Lagoon is committed to sustainability and community engagement, aiming to be a profitable gold producer while creating lasting value for shareholders [11].
Guanajuato Silver Plans Record Amount of Drilling for 2026
Accessnewswire· 2026-01-29 12:20
Core Viewpoint - Guanajuato Silver Company Ltd. is significantly expanding its drilling program in 2026 to enhance its mineral resources across its Mexican mines, aiming for long-term production growth and establishing initial reserve estimates [2][4]. Drilling Program - The 2026 drilling program will involve over 75,000 meters of drilling, which includes both infill and exploration drilling [4][7]. - Exploration drilling will account for approximately 45,000 meters, representing increases of 2,021% over 2025 and 6,428% over 2024 [4][7]. - Infill drilling will total around 30,000 meters, showing increases of 374% over 2025 and 785% over 2024 [4][7]. - The objectives include establishing initial mining reserves at all mines except Bolanitos, de-risking the 2026 and 2027 mine plans, and expanding the mineral resource base [7]. Production Results - In 2025, the Bolanitos mine produced 608,388 ounces of silver and 15,270 ounces of gold, while the total production from the other four mines was 1,238,866 ounces of silver and 10,321 ounces of gold [8]. - The total production also included 2,787,175 pounds of lead and 3,380,069 pounds of zinc [8]. Company Overview - Guanajuato Silver is focused on precious metals production with a portfolio of silver and gold mines in central Mexico, particularly in the state of Guanajuato, which has a long mining history [11]. - The company is well-capitalized and prepared for the 2026 drilling program, with all necessary permits expected to be received by the end of Q2 2026 [5].
Blue Star Gold Reviews Strong 2025 Results and Unveils Robust 2026 Exploration Program
TMX Newsfile· 2026-01-27 13:00
Core Viewpoint - Blue Star Gold Corp. has successfully advanced its exploration activities in 2025 and is planning a more extensive exploration program for 2026, focusing on gold and critical mineral targets in the High Lake Belt, Nunavut [1][2]. 2025 Exploration Highlights - The company made significant progress in exploring multiple gold and critical mineral prospects through systematic field programs and targeted drilling [2]. - Key accomplishments include: - Strategic expansion of the Roma Project and staking of the Avalliq Property, which includes several high-potential gold targets such as Silver Bullet with grab samples up to 186.1 g/t Au [3]. - Expansion of the Roma Mineral Exploration Agreement area to include the Sand Lake Prospect, which has a notable intercept of 21.0 m grading 2.71% Cu, 0.17% Zn, 20.84 g/t Ag, and 0.29 g/t Au [3]. - Completion of extensive surface sampling programs yielding multiple high-grade gold results exceeding 100 g/t Au [3]. - Successful drilling at Nutaaq, confirming significant gold mineralization and extending known mineralized trends [3]. - Expansion of exploration target inventory through geophysical surveys and strategic property acquisitions [3]. 2026 Exploration Outlook - The company plans a larger and more focused exploration and drill program in 2026 to advance high-priority gold and critical mineral targets [2][3]. - Key objectives for the 2026 exploration season include: - Completing ground-based geophysical surveys to refine drill targets associated with critical mineral anomalies identified in 2025 [4]. - Drill testing the strongest critical mineral targets and defining drill targets along a 3-kilometre gold-enriched corridor of the Ulu Fold east of the Zebra Prospect [4]. - Conducting the first drill program at the high-potential Auma Prospect and following up on encouraging 2025 drill results at Nutaaq North [4]. - Continuing surface exposure, mapping, and sampling of near-surface mineralization at the Flood Zone Gold Deposit [4]. - Advancing a clear pathway to unlock additional value from the Flood Zone Gold Deposit [4]. Company Overview - Blue Star Gold Corp. is focused on mineral exploration and development in Nunavut, Canada, controlling over 300 square kilometres of highly prospective mineral properties in the High Lake Greenstone Belt [11]. - The principal assets include the Ulu Gold Project, which hosts the high-grade Flood Zone Gold Deposit, and the Roma Project, with numerous high-priority gold and critical mineral targets [11]. - The projects are strategically located 40-100 km south of the proposed Grays Bay deep-water port, with the planned all-weather Grays Bay Road corridor passing near both the Roma and Ulu Gold Projects [11].
Metallic Minerals Expands La Plata Copper-Silver Inferred Resource by 23% and Adds Platinum, Palladium and Gold
Accessnewswire· 2026-01-26 12:30
Core Viewpoint - Metallic Minerals Corp. has announced an updated NI 43-101 Mineral Resource Estimate for the Allard deposit, indicating significant growth in resource tonnage and the addition of valuable metals [1] Group 1: Mineral Resource Estimate - The 2026 Mineral Resource Estimate (MRE) shows a 23% increase in Inferred Resource tonnage compared to the previous estimate [1] - The updated estimate includes additional resources of platinum, palladium, and gold [1] - The increase in resource tonnage is supported by 4,530 metres of diamond drilling completed since the last resource estimate in 2023 [1]
Troilus Provides Overview of Its 2025 Exploration Program and Initial Results Confirming Mineral Resource Upside Near Pit and Across Property
Globenewswire· 2026-01-22 12:00
Core Insights - Troilus Mining Corp. has completed its 2025 exploration program at the Troilus copper-gold Project, revealing significant near-mine growth potential and broader opportunities across its 435 km land package [1][4]. Exploration Program Overview - The 2025 exploration program focused on high-priority targets within and adjacent to the existing mineralized corridor, utilizing targeted drilling, advanced geophysics, fieldwork, and trenching to expand mineral resources and identify new discovery areas [2][4]. - A total of 13,320 meters were drilled in 2025, with 11,880 meters aimed at delineating and extending high-grade trends within the Phase 1 reserve pit [12]. Key Highlights - Notable channel sampling results included 3.21 g/t AuEq over 1 meter and 4.57 g/t AuEq over 0.5 meters from Trench-05, indicating high-grade mineralization in the Bear Lake exploration area [6][5]. - Record high-grade intercepts in the Reserve Pit area included 78.38 g/t AuEq over 2 meters, representing the best assay from the Southwest zone to date [7]. Geophysical and Soil Surveys - The company completed 2,144 line-kilometers of versatile time-domain electromagnetic (VTEM) surveys, identifying 243 modelled conductive plates within the southwestern extension of the Bear Lake geology [10]. - A total of 2,887 soil samples were collected, which will help guide future exploration efforts by providing a more complete geochemical layer over the property [9]. New Discoveries - A new mineralized trend, "Bear Lake," was discovered in the footwall of the Southwest Zone, with drilling returning 0.85 g/t AuEq over 6 meters [7][14]. - The Waubimo target was confirmed as a high-potential multi-element soil anomaly, enriched in tungsten, molybdenum, bismuth, copper, cobalt, tellurium, and gold [11]. Future Plans - The results from the 2025 exploration program have reinforced the company's confidence in the resource base and highlighted continued upside within the Troilus system, with plans for further exploration in 2026 [4][11].
Osisko Intersects 738 Metres Averaging 0.31% Cu at Gaspé
Globenewswire· 2026-01-22 11:00
Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, indicating significant mineralization and potential resource upgrades [1][2]. Drill Results Summary - The recent drilling program included 29 mineralized intercepts from ten new drill holes, focusing on upgrading inferred mineral resources to measured or indicated categories and expanding resources outside the current model [2][21]. - Notable drill results include: - Drill hole 30-1155: 738.0 metres averaging 0.31% Cu (0.41% CuEq) [4][6]. - Drill hole 30-1156: 760.5 metres averaging 0.26% Cu (0.35% CuEq) [4][6]. - Drill hole 30-1151: 484.5 metres averaging 0.27% Cu (0.41% CuEq) [6][13]. Mineralization Characteristics - The mineralization at Gaspé Copper is of porphyry copper/skarn type, characterized by disseminations and stockworks of chalcopyrite, with notable occurrences of molybdenum [19][30]. - The drilling program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and explore deeper stratigraphic extensions [21][30]. Project Background - Osisko Metals acquired a 100% interest in the Gaspé Copper mine in July 2023, which is strategically located near existing infrastructure in Québec [30]. - The current Indicated Mineral Resources are estimated at 824 million tonnes averaging 0.34% CuEq, with Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [30].
i-80 Gold Reports New High-Grade Assay Results Reinforcing Resource Expansion Potential at Granite Creek Underground Project
Prnewswire· 2026-01-20 11:01
Core Insights - i-80 Gold Corp. announced positive assay results from its 2025 drilling campaign at the Granite Creek Underground Project, indicating robust high-grade mineralization in the South Pacific Zone, suggesting potential for resource expansion [1][2][3] Project Overview - Granite Creek Underground is i-80 Gold's first underground gold operation, with ramp-up activities progressing towards steady-state gold output [2] - As of December 31, 2024, the project had a measured and indicated gold mineral resource estimate of 261,000 ounces at 10.5 grams per tonne and an inferred resource of 326,000 ounces at 13.0 grams per tonne [2][3] - The project is located along the Getchell Trend in northern Nevada, near significant gold resources [2] Drilling Campaign Details - The 2025 drilling program involved 16,000 meters drilled over 46 holes, focusing on infill drilling to support resource conversion and expansion potential [3][5] - Results from the drilling program will be integrated with data from previous years to update the mineral resource estimate, which will inform the upcoming feasibility study [5][7] Assay Results Highlights - Notable assay results include: - 40.4 grams per tonne over 13.2 meters in hole iGU25-31 - 31.3 grams per tonne over 7.8 meters in hole iGU25-15 - 15.0 grams per tonne over 17.5 meters in hole iGU25-24 - 12.8 grams per tonne over 19.8 meters in hole iGU25-08 [6][9] Future Plans - The company plans to continue testing the South Pacific Zone for further mineralization and is evaluating additional drilling campaigns for 2026 [4][8] - The feasibility study for Granite Creek Underground is expected to be completed by late Q1 2026, with results to be released in Q2 2026 [7]
A2 GOLD DRILLS 2.9 G/T GOLD OVER 20 METRES AT MCINTOSH ZONE
Prnewswire· 2026-01-13 13:15
Core Insights - The recent drill results from A2Gold's Eastside Gold-Silver Project indicate significant extensions of gold and silver mineralization down to 480 meters, which is approximately 70 meters deeper than previously known mineralization from the 2021 program, with notable grades of 3.25 g/t Au and 3.37 g/t Ag over 4.6 meters [1][3] Geological Interpretation - The drill holes were strategically designed to assess the continuity and grade distribution of mineralization within the Eastside structural corridor, revealing broad mineralized intervals with higher-grade zones, which supports the interpretation of a laterally extensive and vertically continuous gold-silver system [2] Company Strategy and Future Plans - A2Gold's CEO highlighted that these drill results are crucial for demonstrating the scale and quality of the Eastside system, with the upcoming NI 43-101 mineral resource update expected in early 2026, which will incorporate these findings [3] - The company plans an 18,000-meter RC drill program starting around January 19, 2026, focusing on in-fill drilling at McIntosh and Castle, step-out drilling to expand the mineralized footprint, and testing high-priority exploration targets identified from a recent geophysics program [4] Resource Overview - The Eastside Gold-Silver Project currently hosts an inferred resource of 1.4 million ounces of gold and 8.8 million ounces of silver, with mineralization open in all directions, covering a land package of 92 km² [6][7] - The project includes multiple high-priority zones such as McIntosh and Castle, which are expected to contribute to resource growth [6][9] Assay and Quality Control - All drill core samples underwent rigorous logging, splitting, and secure transportation to a preparation facility, with gold analyses conducted using standard fire assay methods, and a quality assurance program was implemented to ensure the accuracy and reliability of the analytical results [4]
CORRECTION -- Emerita Resources Corp.
Globenewswire· 2026-01-07 14:06
Core Insights - Emerita Resources Corp. reported significant drilling results from the El Cura deposit, part of the Iberian Belt West project, with notable intersections including 12.1m grading 1.6% copper, 0.85 g/t gold, and 32.11 g/t silver [1][11] Drilling Results - Drill hole EC092 intersected 12.1m grading 1.6% copper, 0.1% lead, 0.1% zinc, 0.85 g/t gold, and 32.11 g/t silver [5][11] - Other notable drill results include: - EC086: 1.8m grading 2.3% copper, 1.78 g/t gold, and 61.39 g/t silver [5] - EC085: 1.4m grading 5.8% copper, 4.89 g/t gold, and 51.0 g/t silver [5] - EC083: 1.3m grading 0.7% copper, 74.08 g/t silver [6] - The deposit has a strike extent of approximately 650 meters and extends about 320m down-dip, with mineralization intercepted in all reported holes [10][11] Project Development - The El Cura deposit is undergoing Prefeasibility Studies, with ongoing drilling aimed at expanding the resource boundaries [1][14] - A total of 86 holes have been drilled at El Cura, with a hit rate of 86% for mineralized intervals [14] - The deposit is considered suitable for underground bulk mining methods, such as long-hole stoping [14] Geological Insights - The drilling tested various portions of the deposit, revealing a coherent steeply dipping gold-copper-rich deposit [10][14] - The upper central area showed consistent results with previous holes, indicating a narrow, copper-gold enriched interval within a broader zone of average grade material [12] Future Exploration - Follow-up extension testing is warranted in the area surrounding hole EC092 due to its significant results [11] - The western extension of the deposit remains a priority for the ongoing drill program, as holes EC085 and EC087 expand the mineral resource boundary beyond previous estimates [13]