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Pinnacle Flies LiDAR Survey at El Potrero
Thenewswire· 2025-11-24 13:30
VANCOUVER, BRITISH COLUMBIA – TheNewswire - November 24, 2025 (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. ("Pinnacle" or the “Company") is pleased to announce that an airborne LiDAR survey has been flown over the high-grade El Potrero gold-silver project in Durango, Mexico. The survey covered the entire 11 km2 property and was flown by Eagle Mapping Ltd. of Langley, British Columbia. Reprocessing and interpretation of the data will be conducted by GeoCloud Analytics of Melbo ...
Cruz Battery Metals Announces Closing of Private Placement to Fund Work Programs on its Nevada & Ontario Projects
Newsfile· 2025-11-21 08:01
Core Viewpoint - Cruz Battery Metals Corp. has successfully completed a private placement financing, raising a total of $488,438 to fund work programs on its lithium and gold/copper projects in Nevada and Ontario [1][3]. Financing Details - The company issued 14,982,750 units at a price of $0.0326 per unit, with each unit consisting of one common share and one share purchase warrant [1]. - The financing included cash finder's fees of $26,210 and the issuance of 744,000 non-transferrable share purchase warrants [2]. Use of Proceeds - Net proceeds from the financing will be allocated to work programs on the Solar Lithium Project in Nevada and the Sterling South Gold/Copper Project in Ontario [3]. - The company has discovered lithium in all 14 drill holes during the first four phases of drilling on the Solar Lithium Project [3]. Market Context - Lithium prices are currently at year highs, and there has been renewed interest in domestic lithium projects following recent developments in the sector [4]. - The company aims to produce a Maiden Resource Estimate for the Solar Lithium Project in the first half of 2026 [4]. Project Overview - Cruz Battery Metals has several projects focused on battery metals, including the Solar Lithium Project, Clayton Valley Lithium Brine Project, and the Sterling South Gold/Copper Project [9]. - The Solar Lithium Project spans 4,938 acres, while the Sterling South Gold/Copper Project consists of approximately 2,500 acres [9].
Gold confirmed in 8 of 9 holes at Mt Turner - ICYMI
Proactiveinvestors NA· 2025-11-21 06:20
Core Viewpoint - Lightning Minerals Ltd has confirmed significant gold mineralisation at its Mt Turner project, marking a successful phase one drilling campaign and indicating a target-rich environment for future exploration [1][5][6]. Drilling Results - Gold mineralisation was confirmed in eight out of nine drill holes along the Drummer Fault, with notable intersections of high-grade gold and base metals like zinc [1][6]. - The known mineralised strike has been extended to 12.00 kilometres, with high-grade samples including one result of 22 grams per tonne gold recorded approximately 2.50 kilometres west of Pit 6 [2][6]. Project Potential - The Mt Turner project hosts multiple mineral systems, including copper porphyry, base metals, and gold, indicating a diverse exploration opportunity [2][6]. - Historical mining activities from the 1980s and 1990s have already suggested the region's potential, with six pits now included in the exploration focus [3][8]. Future Plans - A phase two drilling campaign is planned, prioritising targets based on recent soil and rock chip data, with Pit 3 and Pit SA likely to be the starting points [4][9]. - Approximately 20% of phase two drilling will be dedicated to Wildcat targets, focusing on areas with strong structural indicators and positive geochemical results [4][10]. Company Focus - Mt Turner has quickly become the core focus for Lightning Minerals, providing a strong platform for further exploration into 2026 [5][10]. - The company aims to build a resource based on the promising results from the initial drilling and ongoing exploration efforts [3][6].
First Drill Hole Commenced and Second Drill Rig has Arrived at Choquelimpie Project
Thenewswire· 2025-11-20 14:00
Vancouver, B.C. - TheNewswire - November 20, 2025 – Norsemont Mining Inc. (CSE: NOM, OTC: NRRSF, FWB: LXZ1) (“Norsemont” or the “Company”) is pleased to announce that the initial diamond drill hole of its Phase 3 exploration drill program at the 100%-owned Choquelimpie high-sulfidation gold-silver-copper project in northern Chile has collared. This hole is targeting higher-grade gold mineralization hosted in the Vizcacha hydrothermal Brecia (figure below). The Phase 3 program will comprise up to 5,000 met ...
Kingman Announces Drone Magnetometer Survey at Historic Mohave Gold Project & Completion of NI 43-101 Report
Newsfile· 2025-11-20 08:01
Core Insights - Kingman Minerals Ltd. is advancing exploration activities at its Mohave Gold Project in Arizona, despite delays caused by the recent U.S. government shutdown [2][4] - The company is engaging a contractor for a high-resolution drone-based magnetometer survey to gather detailed subsurface information, which is crucial for refining drill targets [3][4] - Kingman has raised gross proceeds of $2,112,953, ensuring full funding for ongoing exploration efforts [4] Exploration Activities - The company is proactively pursuing alternative exploration initiatives during the government shutdown to maintain value generation and geological insight [2] - The upcoming drone survey is expected to commence in the coming weeks, with results anticipated shortly thereafter, which will guide future exploration phases [4][5] Technical Reporting - An updated NI 43-101 compliant technical report on the property has been completed and will be available on SEDAR+ upon approval [5][6] - The technical information has been prepared in accordance with Canadian regulatory requirements and reviewed by a qualified person [6] Company Background - Kingman Minerals Ltd. focuses on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [7] - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development already completed [7]
NorthWest Reports Near Surface Intercept of 44.0 Metres of 0.62% Copper and 0.42g/t Gold (1.01% CuEq) at Kwanika from 172 Metres
Globenewswire· 2025-11-19 15:52
TORONTO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (“NorthWest” or the “Company”) (TSX-V: NWST) is pleased to announce continued positive assay results from the fifth drill hole of its 2025 program at the Company’s 100% owned Kwanika project in British Columbia. Drill hole K-25-278 intersected two broad zones of near-surface copper-gold mineralization, including a highlight intercept of 44 metres grading 0.62 % Cu, 0.42 g/t Au (1.01% copper equivalent1, “CuEq”). Drill hole K-25-278 achieved t ...
AuMEGA Metals Commences Diamond Drilling on Major Electromagnetic Target at Cape Ray
Newsfile· 2025-11-17 11:30
Core Viewpoint - AuMEGA Metals Ltd has initiated a diamond drilling program at its Cape Ray Project in Newfoundland and Labrador, marking a significant advancement in its exploration efforts aimed at discovering new gold resources [2][8]. Exploration Strategy - The company employs a systematic exploration strategy that has identified compelling targets within the Cape Ray Shear Zone (CRSZ), focusing on a newly defined airborne electromagnetic (EM) conductor near the high-grade Central Zone deposits [3][4]. - The EM conductor measures approximately 500 metres by 1,000 metres and is located 500 metres southeast of the Central Zone, which has not been previously drill tested [4][9]. Drilling Program Details - The drill program is fully funded and will commence with one diamond rig, with the potential to scale up to a second rig based on initial results [10]. - The initial drilling will target priority structures within the EM anomaly, which is believed to represent a new gold-bearing trend parallel to the Central Zone [9][10]. Historical Context and Potential - The area has been historically overlooked due to lack of surface exposure but is situated on a structural network similar to that of the Central Zone, which previously yielded a standout gold heavy mineral concentrate sample of 111.5 g/t [7][8]. - The company has identified several drill targets within the EM anomaly and is optimistic about the potential for new discoveries in this underexplored area [8][9]. Additional Exploration Efforts - AuMEGA has recently completed a till geochemical survey over the Isle aux Morts Granite, another high-priority target within the identified multi-kilometre gold corridor, with results expected soon [12][13]. - The company plans to refine drill locations for Cape Ray West based on the upcoming survey results and is prepared to mobilize for additional drilling if conditions allow [13]. Company Overview - AuMEGA Metals Ltd operates on a district-scale land package spanning 110 kilometers along the Cape Ray Shear Zone, recognized as Newfoundland's largest identified gold structure [15]. - The company currently holds a defined gold Mineral Resource of 6.2 million tonnes grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources, and 3.4 million tonnes grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources [17].
Askari Metals begins copper-gold hunt in Ethiopia - ICYMI
Proactiveinvestors NA· 2025-11-14 07:38
Core Viewpoint - Askari Metals Ltd has initiated a copper and gold exploration program at the Nejo project in Ethiopia, focusing on validating historical drilling data and targeting high-priority prospects [1][2][4]. Exploration Activities - The exploration campaign is the company's first reconnaissance-style program at Nejo, targeting areas such as Guji 1 and Komto 2 in the south, and Katta in the northwest [1][2][7]. - Historical drilling at Katta intersected 140.8 meters at 3.2% copper, with no follow-up since the 1970s, indicating potential for a large VMS-style system [2][10]. Future Plans - Preparations are underway for a planned drilling program in Q4 2025, with efforts to secure a rig, crew, and consumables [3][11]. - The Guji 1 and Komto 2 corridor is a 9-kilometer mineralized strike that remains open in both directions, which is a key focus for future drilling [3][11]. Resource Development - The company aims to reach a maiden resource within 12 months, leveraging refined historical exploration data [4][13]. - The Nejo license covers 1,200 square kilometers, with multiple additional targets to be assessed over time, indicating a long-term exploration strategy [4][15]. Continuous Updates - The exploration program is expected to generate continuous updates over the next two to three years, keeping investors engaged [5][15].
Paradigm Gold Closes First Tranche and Extends Closing of Non-Brokered Private Placement
Newsfile· 2025-11-13 17:31
Paradigm Gold Closes First Tranche and Extends Closing of Non-Brokered Private PlacementNovember 13, 2025 12:31 PM EST | Source: Paradigm Gold CorporationVancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - Paradigm Gold Corporation (TSXV: PDQ) ("Paradigm" or the "Company") has received Exchange approval to extend the closing of its previously announced non-brokered private placement for a period of 30 days. The Company plans to issue up to 9,000,000 units for total gross procee ...
Bullion Gold Begins Geochemical Survey of Base Till on Langlade and Appoints a New Director to Its Board
Newsfile· 2025-11-13 13:15
Bullion Gold Begins Geochemical Survey of Base Till on Langlade and Appoints a New Director to Its BoardNovember 13, 2025 8:15 AM EST | Source: Bullion Gold Resources CorporationMontreal, Quebec--(Newsfile Corp. - November 13, 2025) - Bullion Gold Resources Corp. (TSXV: BGD) ("Bullion Gold" or "The Company") is proud to announce the launch of an intensive follow-up program following the recent discovery of several dozen gold grains in a base till sample of approximately 10 kg, taken upstream o ...