Workflow
Mineral Resource Growth
icon
Search documents
Abitibi Metals Intersects 17.91% CuEq (13.48% Cu, 5.15g/t Au) over 6.3m Within 6.93% CuEq over 19.5m in Western Zone Expansion
Newsfile· 2025-11-20 12:00
Abitibi Metals Intersects 17.91% CuEq (13.48% Cu, 5.15g/t Au) over 6.3m Within 6.93% CuEq over 19.5m in Western Zone ExpansionHighest grade intercept to date on project confirmed across an untested 80-metre gapNovember 20, 2025 7:00 AM EST | Source: Abitibi Metals Corp.Highlights:Exceptional High-Grade Intercept in Untested Gap:Hole 1274-17-269W5 returned 17.91% CuEq (13.48% Cu, 5.15 g/t Au) over 6.3 metres, within 6.93% CuEq over 19.5 metres, starting at 976.5 metres depth.Confirms world clas ...
Exceptional drilling results support high grade, large scale and continuity of FireFly’s Green Bay Copper-Gold Project
Globenewswire· 2025-10-29 22:32
Consistently strong intersections extend known mineralisation ahead of December quarter Mineral Resource Estimate update; First results from economic studies due early next year KEY POINTS FireFly made rapid progress during the quarter across the four key planks of its growth strategy; These comprise Mineral Resource growth, upgrading Inferred Resources to the Measured and Indicated (M&I) categories, new discoveries, and economic studies for an upscaled production restart at the Green Bay Project in Canada ...
Reports a Record Quarterly Production in Q3-2025 of 12,090 Gold Ounces and Provides Operational Highlights
Globenewswire· 2025-10-14 05:31
Core Viewpoint - Serabi Gold plc reported a record quarterly gold production of 12,090 ounces in Q3-2025, marking a 27% increase from Q3-2024, and is on track to meet its 2025 production guidance of 44,000 to 47,000 ounces [4][21]. Operational Highlights - The company achieved a total of 3,875 meters of horizontal development in Q3-2025, a 17% increase compared to Q3-2024 [4]. - Cash balance as of September 30, 2025, was $38.8 million, up from $30.4 million at the end of Q2-2025, with a net cash position of $33.0 million [4][18]. - Year-to-date gold production reached 32,635 ounces, indicating strong performance towards the annual guidance [6]. Production Details - Gold production increased by 27% compared to Q3-2024, driven by improved grades at both the Palito Complex and Coringa, with average plant feed grades rising from 5.43 g/t Au to nearly 7.0 g/t Au [7]. - The Palito Complex produced 5,246 ounces in Q3-2025, while Coringa contributed 6,843 ounces [15]. - The company reported significant intercepts from its drilling program, including high-grade results from various drill holes at both the Palito and Coringa sites [4][13]. Exploration and Development - The ongoing 30,000-meter brownfield surface drill program has led to the discovery of a new orebody at Coringa and extensions of existing zones [4][13]. - The company is advancing development in the Serra and Meio zones at Coringa, with the Galena zone expected to contribute significantly in 2026 [11][12]. - The Palito Complex has seen improved grades, with year-to-date mined grades of 6.21 g/t Au compared to 4.56 g/t Au in the same period of 2024 [12]. Financial Performance - The cash balance increased significantly from $22.2 million at the end of December 2024 to $38.8 million by September 2025, reflecting strong operational performance [18]. - The company repaid a $5.0 million unsecured loan and secured a new $5.0 million loan from Banco Santander, indicating a stable financial position [18]. Future Outlook - The company remains on track to achieve its production guidance for 2025, supported by strong operational results and favorable gold prices [14][21]. - The ongoing exploration efforts are expected to enhance the mineral resource inventory, targeting an increase to 1.5 million to 2.0 million ounces of gold [13].
Newcore Gold Increases Drill Program to 45,000 Metres at the Enchi Gold Project, Ghana
Globenewswire· 2025-10-08 10:20
Drilling Completed to Date Highlights the Potential for Resource Growth at EnchiVANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce that on the back of the success achieved to date with drilling at the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana, and a strong cash position of approximately $10 million after the exercise of warrants that expired on September 26, 2025, t ...
Silver47 Completes Successful Red Mountain Drill Program and Intersects Massive Sulfides in Multiple Holes
Newsfile· 2025-10-01 10:00
Silver47 Completes Successful Red Mountain Drill Program and Intersects Massive Sulfides in Multiple HolesThe Red Mountain Deposit Remains Open to Expansion in Multiple Directions with Assays PendingOctober 01, 2025 6:00 AM EDT | Source: Silver47 Exploration Corp.Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the completion of its summer 2025 drill program at its wholly ...
First Mining Expands Newly Discovered Miroir Target with Drill Hole DUP25-064 Returning 3.23 g/t Au over 25.9 m
Prnewswire· 2025-09-24 11:00
Core Viewpoint - First Mining Gold Corp. has announced positive drilling results from its 2025 drilling program at the Duparquet Gold Project, indicating strong potential for resource growth, particularly at the Miroir target, with multiple high-grade gold intercepts reported [1][3][8]. Drilling Results - The company has completed approximately 16,000 meters of drilling in 2025, focusing on advancing resource growth targets [1][8]. - At the Miroir target, significant intercepts include drill hole DUP25-064, which returned 3.23 g/t Au over 25.9 meters, and drill hole DUP25-066, which returned 1.37 g/t Au over 30.6 meters [2][4][10]. - The Miroir target has been extended to a vertical depth of 100 meters below the surface, with ongoing drilling indicating continuity of higher-grade mineralization [2][11]. Geological Insights - The Miroir target is interpreted as a folded structure, with mineralization associated with brecciated and altered mafic volcanic host lithologies [3][12]. - The recent drilling results continue to confirm and expand the understanding of the geological model, highlighting multiple near-surface gold zones [9][12]. Project Overview - The Duparquet Project is located in the Abitibi region of Quebec and currently hosts an NI 43-101 compliant gold resource of 3.44 million ounces in the Measured & Indicated category, grading 1.55 g/t Au, and an additional 2.64 million ounces in the Inferred category, grading 1.62 g/t Au [14][15]. - The project spans approximately 5,800 hectares along a 19 km strike length, benefiting from proximity to existing infrastructure [14][15]. Future Exploration Plans - First Mining plans to continue drilling at the Miroir target and other key areas, including CVD, Aiguille, North Zone, South Zone, and Minuit Zone, to further enhance the understanding of mineralization controls [8][9].
Strickland Metals Limited (ASX:STK) Earnings Call Presentation
2025-09-08 22:00
Project Overview - Strickland Metals' Rogozna project in Serbia is a significant gold and base metals project with an estimated 7.4Moz AuEq inferred resource [9, 19, 64] - The company has a solid financial foundation with a market capitalization of A$328M (US$216M) and cash reserves of A$52.2M (US$34.4M) to support its growth program [9, 13, 64] - A 50,000m diamond drilling program is underway, focused on resource expansion and new discoveries [9, 19, 21] Resource Estimates - The Shanac deposit contains 150Mt @ 1.1g/t AuEq for 5.30Moz AuEq JORC 2012 inferred resources [24, 29] - This includes a higher-grade zone of 32Mt @ 1.8g/t AuEq for 1.85Moz AuEq (using a >1.2g/t AuEq cut-off grade) [24, 32] - The Medenovac deposit holds 21Mt @ 1.9g/t AuEq for 1.28Moz AuEq JORC 2012 inferred resources [40] - The Copper Canyon deposit contains 28Mt @ 0.9g/t AuEq for 0.81Moz AuEq JORC 2012 inferred resources [48] Exploration Highlights - Drilling at Shanac has revealed a new high-grade copper-gold zone [24, 29] - Significant drill intercepts at Shanac include 309.3m @ 1.2g/t AuEq from 264.3m, including 61.8m @ 2.4g/t AuEq from 505.2m [28, 32] - At Gradina, drilling highlights include 62.7m @ 3.5g/t Au from 386.0m, including 27.8m @ 6.3g/t Au from 388.0m [37] - The Kotlovi prospect, a new discovery, shows potential scale with intercepts like 277.3m @ 1.3g/t AuEq from 337.4m [45, 47] Shareholder Structure - Top 20 shareholders hold 53% of the company [13] - Board and management hold 4.6% of the company [13]
Abitibi Metals Extends B26 Mineralization & Increases Grade: Reports 3.65% CuEq Over 21.1m Within Interval of 1.55% CuEq Over 69.0m
Newsfile· 2025-09-03 11:00
Core Insights - Abitibi Metals Corp. has reported significant assay results from its Phase 3 drill program at the B26 Polymetallic Deposit, indicating strong mineralization and growth potential [3][4][5] Drilling Program Details - A total of 9,060 meters has been drilled out of a planned 17,500 meters for Phase 3, with completion expected by the end of November 2025 [3] - The company currently owns 50% of the B26 Deposit and has the option to earn an additional 30% from SOQUEM Inc. [3] Significant Assay Results - Hole 1274-17-269W3 reported 3.65% CuEq over 21.1 meters within an interval of 1.55% CuEq over 69.0 meters, indicating high-grade mineralization [4] - Additional holes, including 1274-17-269W1b and 1274-17-269W2b, also showed promising results with CuEq values of 3.41% and 3.25% respectively, confirming the expansion of high-grade zones [4][11] Resource Growth Potential - The results validate the continuity of mineralization at depth and support the expansion of the B26 footprint beyond the current resource boundary [4][6] - The current resource estimate stands at 11.3 million tonnes at 2.13% CuEq (Indicated) and 7.2 million tonnes at 2.21% CuEq (Inferred) [6][25] Future Plans - The company is fully funded through Q1 2027 and plans to budget approximately 25,000 additional meters for Phase 4 drilling in 2026 based on ongoing exploration success [4][5] - The focus will also shift towards making new discoveries across Abitibi's 3,328-hectare property in Q4 2025 and Q1 2026 [11]
Blue Star Announces Completion of Non-Brokered Private Placement
Newsfile· 2025-08-25 23:00
Group 1 - Blue Star Gold Corp. has completed a Private Placement, raising gross proceeds of $1,739,999.90 through the issuance of 1,600,000 flow-through units at $0.15 each and 10,714,285 units at $0.14 each [1] - The company focuses on mineral exploration and development in Nunavut, Canada, with landholdings totaling 300 square kilometers in the High Lake Greenstone Belt [2] - Blue Star owns the Ulu Gold Project and the Roma Project, with a significant high-grade gold resource at the Flood Zone deposit and numerous high-potential exploration targets [2] Group 2 - The company is listed on the TSX Venture Exchange under the symbol BAU, on the U.S. OTCQB under BAUFF, and on the Frankfurt Exchange under 5WP0 [3] - The future deep-water port at Grays Bay is located 40 - 100 km north of the properties, with a proposed route corridor for the all-weather Grays Bay Road passing close to the Roma and Ulu Gold Projects [2]
AbraSilver Extends Gold Zone at Diablillos Project with Additional Broad Intercepts at Oculto East
Newsfile· 2025-08-25 11:30
Core Viewpoint - AbraSilver Resource Corp. has announced significant assay results from its ongoing Phase V exploration program at the Diablillos project in Argentina, indicating an expansion of the gold-bearing zone at Oculto East, which is a key focus area for the company [1][2]. Summary by Sections Drill Results - The latest drill holes have confirmed the continuity of mineralization beyond the current Mineral Resource outline, with notable intercepts including: - DDH 25-060A: 60.0 m at 1.05 g/t gold, including 17.0 m at 2.83 g/t gold [5][8]. - DDH 25-067: 16.0 m at 1.74 g/t gold and 17.3 g/t silver [5][9]. - DDH 25-068: 21.0 m at 1.51 g/t gold and 49.5 g/t silver, followed by 64.0 m at 0.54 g/t gold and 19.8 g/t silver [5][11]. Exploration Program - The ongoing 20,000-metre Phase V drill program is progressing well, with three active rigs focusing on extending the gold zone at Oculto East beyond the existing Mineral Resource boundary [13]. - The results received so far indicate a broad zone of gold-dominant mineralization extending at least 200 metres east of the current open pit boundary, highlighting strong potential for further Mineral Resource expansion [13]. Project Overview - The Diablillos property is located in the Puna region of Argentina and comprises 15 contiguous mineral concessions acquired by AbraSilver in 2016 [17]. - The current Measured and Indicated Mineral Resource estimate for Diablillos consists of 73.1 million tonnes grading 79 g/t silver and 0.66 g/t gold, containing approximately 186 million ounces of silver and 1.6 million ounces of gold [25]. Management Commentary - The President and CEO, John Miniotis, expressed encouragement regarding the drilling results, which demonstrate the continuity of mineralization and strengthen confidence in the growth potential at Diablillos [7]. - Chief Geologist, Dave O'Connor, noted that the latest intercepts indicate that gold mineralization extends further east than previously modeled, emphasizing the focus on determining the full size and continuity of the expanding higher-grade gold zone [7].