Mineral Resource Exploration
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Selkirk Copper Intersects High-Grade Copper-Gold-Silver at the Minto East Zone, and Continues to Expand the Minto North West Zone
TMX Newsfile· 2026-02-19 12:00
HighlightsDrilling ResultsInitial drilling at Minto East validates the previous resource model and better delineates a zone of high-grade mineralization within the zone:3.37% Cu, 1.88 g/t Au, and 14.96 g/t Ag over 6.5 m, within a broader zone of 2.50% Cu, 1.16 g/t Au and 9.90 g/t Ag over 15.2 m from 101.3 m in drill hole 25SCM042. Drilling at Minto North west continues to delineate high-grade mineralization, which remains open to the north and south:3.52% Cu, 3.51 g/t Au and 17.04 g/t Ag over 16.7 m, withi ...
Neometals (OTCPK:NMTA.Y) 2026 Earnings Call Presentation
2026-02-19 02:15
Barrambie The Path to Gold Production RIU Presentation | 19 February 2026 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 For personal use only ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au Important Notices and Disclaimer This presentation has been prepared and issued by Neometals Ltd (Neometals, or the Company) to provide summary information about the Company, including its 100% owned Barrambie Gold Project and its other projects and activities (the "Projects") as at the date of this presentation, unless otherwi ...
New Age Metals Initiates 2026 Platinum Group Metal Exploration At River Valley, Ontario
Thenewswire· 2026-02-04 12:15
Core Viewpoint - New Age Metals Inc. has initiated its 2026 platinum group metal exploration program at the River Valley Project, aiming to expand its PGM portfolio through strategic acquisitions and exploration efforts [1][10]. Exploration Program - The exploration program consists of a two-phase approach, with Phase 1 focusing on a DasVision 3D Induced Polarization (IP) survey over the Mustang Zone, which is underexplored [2][3]. - The survey is being conducted by Abitibi Geophysics, a recognized provider of geophysical services, and aims to generate high-priority drill targets [2][4]. Objectives and Goals - The primary goals of the DasVision survey include generating mineral resource targets for in-fill drilling, exploring along strike and at depth for resource expansion, covering gaps in historical surveys, and mapping the Mustang Zone's geometry in 3D [14][16]. - The survey will cover 53 line-km and is expected to achieve a depth of investigation of at least 350 meters below the surface, significantly deeper than previous drilling efforts [15]. Market Context - Platinum and copper prices are at multi-year highs, with palladium and rhodium prices rebounding from lows, enhancing the strategic value of PGM-Cu exploration [6][10][22]. - The macroeconomic environment for critical metals is currently favorable for the mining industry, supporting the exploration initiatives [10]. Company Strategy - New Age Metals is pursuing a joint venture strategy for the Mustang Zone to attract a strategic PGM partner while focusing on the development of its core River Valley resource area [6][10]. - The company maintains ongoing engagement with the Nipissing First Nation as part of its commitment to community relations [6]. Historical Context - The Mustang Zone has not undergone systematic exploration since 2002, making it relatively underexplored compared to the main River Valley mineralized trend [23]. - Historical exploration by Mustang Minerals and subsequent acquisition by New Age Metals in 2016 laid the groundwork for current exploration efforts [20][21]. Mineral Resource Estimates - The current mineral resource estimates for the Mustang Zone indicate significant potential, with inferred resources totaling approximately 31,215,000 tonnes, containing 273,490 ounces of palladium and 171,540 ounces of platinum [27]. - The estimates reflect a lower confidence level for inferred resources, which could potentially be upgraded with continued exploration [29].
NEVADA KING EXPANDS SILVER PARK EAST MINERALIZATION WITH 350M STEP-OUT, INTERCEPTS 0.93 G/T AUEQ OVER 14.6M STARTING AT SURFACE
Prnewswire· 2026-02-03 11:30
Core Insights - Nevada King Gold Corp. has announced positive assay results from the Silver Park East target, indicating significant mineralization in the Atlanta Gold Mine Project [1][5] Exploration Results - The assay results include a highlight of 0.93 g/t AuEq over 14.6m from hole B25-101, located 350m south of the main SPE zone, confirming surface oxide gold-silver mineralization [2][3] - Additional drilling has extended the main SPE zone by 50m west, confirming a mineralized footprint of 300m by 500m at SPE [3][5] - The ongoing Phase 4 drilling program has completed 2,100m of a fully funded 20,000m exploration initiative, with further assay results expected later this month [10] Mineralization Characteristics - Mineralization at SPE is primarily hosted along an unconformity within silicified breccia, similar to the Atlanta Resource Zone, indicating a large-scale system [5][14] - The RAB drilling has confirmed the presence of mineralization at shallow depths, with notable results from holes B25-100 and B25-101, which bottomed in mineralization [4][14] Historical Context - The decision to drill 350m south of the main SPE zone was influenced by a historic drill hole from 2005 that encountered 0.45 g/t AuEq over 38.1m, demonstrating structural continuity within the mineralized zones [14] Resource Estimates - The Atlanta Gold Mine project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020,000 ounces of gold in the measured and indicated category, along with an inferred resource of 99,000 ounces [13][16]
Mithril Silver And Gold December 2025 Quarterly Report Continued Exploration Success
Thenewswire· 2026-01-30 12:30
Core Viewpoint - Mithril Silver and Gold Limited has reported significant exploration progress in the December 2025 quarter, particularly at its Copalquin and La Dura properties in Mexico, highlighting the potential for substantial resource growth in gold and silver. Exploration Highlights - The Copalquin Gold-Silver Project is confirmed as a large, vertically extensive epithermal gold-silver system with mineralization defined over a 9 km strike length and 1,200 m vertical extent [2] - Target 1 (Refugio-La Soledad) has shown a 30% extension in strike length with notable intercepts including 2.05 m at 7.41 g/t gold and 419 g/t silver [3] - Target 5 (Apomal-Candelaria) has emerged as a new silver-rich target area with first drilling results showing 1.00 m at 1,714 g/t AgEq [3][5] Drilling and Resource Development - Ongoing drilling at Target 1 is expanding the resource area, with a 3,000 metre drill program planned for Q2 to update the maiden resource [4] - The maiden drilling at Target 3 (El Jabali-Guadelupe) commenced in January 2026, further strengthening the geological model of the district [6][10] - The La Dura property acquisition adds 2,052 hectares of contiguous mining concessions, enhancing the company's exploration portfolio [6][7] Financial Overview - The company reported a cash balance of A$14.1 million at the end of December 2025 and remains debt-free [11][20] - Exploration expenditure for the quarter was A$3.88 million, focused entirely on the Copalquin District [17] Future Plans - Mithril plans to complete resource expansion and infill drilling at Target 1, advance drilling programs at Target 5, and commence maiden drilling at Target 3 during the March 2026 quarter [18][24] - An aerial magnetic survey is underway to confirm key geological structures across the Copalquin District [10][12]
Market One: Visionary Copper and Gold Mines Feature on BNN Bloomberg
TMX Newsfile· 2026-01-22 18:22
Core Viewpoint - Visionary Copper and Gold Mines Inc. is advancing its portfolio of critical and precious metal-rich deposits in stable Canadian mining jurisdictions, with a focus on the Point Leamington deposit in Newfoundland, as highlighted in a feature article published on BNN Bloomberg [1][2]. Company Overview - Visionary Copper and Gold Mines Inc. (TSXV: VCG) (OTCQB: VCGMF) is focused on developing a portfolio of base and precious metals deposits located in established Canadian mining jurisdictions [3]. - The flagship Point Leamington deposit is 100% owned by the company and is situated in one of Canada's richest VMS and Gold Districts [3]. Mineral Resources - The Point Leamington deposit has a pit constrained Indicated Mineral Resource of 5.0 million tonnes (Mt) grading 2.5 g/t AuEq, totaling 402 thousand ounces (koz) AuEq, which includes 145.7 koz gold, 60.0 million pounds (Mlb) copper, 153.5 Mlb zinc, 2.0 million ounces (Moz) silver, and 1.5 Mlb lead [3]. - An Inferred Mineral Resource at the same deposit is 13.7 Mt grading 2.24 g/t AuEq, amounting to 986.5 koz AuEq, comprising 354.8 koz gold, 110.2 Mlb copper, 527.3 Mlb zinc, 6.2 Moz silver, and 7.0 Mlb lead [3]. - Additionally, there is an out-of-pit Inferred Mineral Resource of 1.7 Mt grading 3.06 g/t AuEq, equating to 168.5 koz AuEq, which includes 65.4 koz gold, 13.3 Mlb copper, 102.9 Mlb zinc, 1.4 Moz silver, and 2.6 Mlb lead [3]. Upcoming Exploration Plans - The company is preparing for its first exploration drilling campaign to advance its gold-, copper-, zinc-, and silver-rich VMS assets [2]. - The Rainbow deposit at the Pine Bay Project is also being permitted, with an indicated mineral resource of 3.44 Mt grading 3.59% CuEq, totaling 272.4 Mlb CuEq [3]. - An inferred mineral resource on the Rainbow deposit is 1.28 Mt grading 2.95% CuEq, containing 83.4 Mlb CuEq, and an inferred mineral resource at the Pine Bay deposit is 1.0 Mt grading 2.62% Cu [3]. Economic Potential - The Nash Creek Project, located in the VMS-rich Bathurst Mining District of New Brunswick, has a 2018 Preliminary Economic Assessment (PEA) indicating a pre-tax Internal Rate of Return (IRR) of 34.1% and a Net Present Value (NPV) of $230 million at a zinc price of $1.25 [3].
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].
Metalsource Mining Inc. Provides Drilling Update at Silver Hill Project
TMX Newsfile· 2026-01-22 10:30
Core Viewpoint - Metalsource Mining Inc. is advancing its diamond drilling program at the Silver Hill Project in North Carolina, with promising results indicating significant sulphide mineralization [1][2]. Drilling Results - Drill hole SH26-07 intersected a broad zone of mineralization between approximately 129.85m and 155.45m, featuring multiple intervals of semi-massive to massive sulphides, including sphalerite, galena, and pyrite [3][6]. - Drill hole SH26-08 has intersected sulphide mineralization starting at approximately 185m to 191m, with an apparent thickness of 6m and an estimated true thickness of 4m, located south of historic underground workings [4][6]. Geological Context - The Silver Hill Project is situated in the Carolina Terrane, characterized by volcaniclastic and volcano-sedimentary rocks of Neoproterozoic and Cambrian age, with mineralization extending to 550m from the surface [9]. - Recent surface sampling has yielded high-grade results, including 444g/t Ag, 17.7g/t Au, 8.61% Pb, and 0.507% Zn from drill hole SH25-003 [9]. Ongoing Exploration - The current drilling program aims to test down-dip and along-strike extensions of the mineralized system, with plans for step-out drilling to evaluate continuity and scale [6][7]. - Core processing is ongoing, with logging, sampling, and laboratory analysis in progress to determine the economic significance of the identified mineralization [6][7].
XXIX Advances Thierry Copper Project with Comprehensive Validation and Reinterpretation of 210,000 Metres of Drilling
TMX Newsfile· 2026-01-16 11:00
Core Viewpoint - XXIX Metal Corp. is advancing its Thierry Copper Project, highlighting the potential for resource expansion and improved economic parameters due to rising copper prices and a comprehensive reinterpretation of geological data [2][5][9]. Geological Overview - The Thierry project includes K1 and K2 zones, with over 210,000 meters of historical drilling and extensive geological data supporting the resource definition and expansion efforts [3][7]. - Recent data validation and reinterpretation have established a modern geological database, enhancing the understanding of the system scale and potential for value creation [4][9]. Resource Potential - Thierry is noted as a rare opportunity in Canada, controlling two of the three largest copper resources in Eastern Canada, with no royalties attached [5]. - The updated interpretation suggests a higher-grade underground operation at K2 and a large-scale, bulk-tonnage copper-PGE open pit at K1 [5][9]. Economic Factors - Current copper prices exceed $5.00/lb, compared to $3.75/lb used in previous resource estimates, allowing for lower potential cut-off grades and improved project economics [9][10]. - The existing mineral resource estimates at K1 and K2 are being re-evaluated under these improved economic conditions [9]. Infrastructure and Development - Thierry benefits from strong infrastructure, including well-maintained roads, power, water access, and proximity to an airport and rail, positioning it for efficient development [11]. - The company plans an active exploration season in 2026 to further evaluate high-potential targets and unlock the project's full potential [11].
Tsodilo Resources Detects Critical Minerals and Rare Earth Elements Within Its Skarn Metals Project
TMX Newsfile· 2026-01-13 05:15
Core Insights - Tsodilo Resources Limited has confirmed significant critical minerals and rare earth element (REE) mineralization at its Gcwihaba Metals Project in Botswana, particularly at the C26 and C27 targets, which were identified through geophysical surveys and confirmed by diamond core drilling [1][3][5] Exploration Results - The conceptual exploration target for the Gcwihaba project ranges from 81 to 97 million tonnes with grades between 0.05% and 1.49% Total Rare Earth Oxides (TREO), with the REE exploration target extending four kilometers in length [3][17] - The highest grade recorded so far is 1.49% TREO at the C27 skarn, validating the company's exploration approach [5][16] - The C26 and C27 skarn features contain all fifteen REE elements listed on the U.S. Department of Interior's 2025 Critical Minerals List, along with five additional critical minerals [6][7] Drilling Program - A 15,000-meter diamond drill program is set to commence in 2026 to obtain a compliant NI43-101 resource statement, focusing on defining high-grade REE zones and evaluating the polymetallic potential of the system [6][18] - The 2026 drilling campaign will include approximately 50 NQ-size drill holes [18] Mineralization Details - The skarn deposits are located within carbonate-rich lithologies and are characterized by a polymetallic assemblage, including copper, cobalt, nickel, vanadium, and silver [15][16] - Notable drill results include high-grade REE intercepts, with specific results from the C27 skarn showing 1.49% TREO over 2 meters and 1.23% TREO over 1 meter [9][12] Industry Context - The demand for rare earth elements is projected to grow at 9.2% annually through 2030, with global supply currently concentrated in China [7][8] - Rare earth elements are critical for applications in electric vehicles, wind turbines, and defense technologies, highlighting the strategic importance of the Gcwihaba project [7][21]