VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce it has mobilized its geological team and has begun its exploration efforts across the 100%-owned Magno and Three Guardsman projects, located in Northern British Columbia. GoldHaven’s fully funded 2025 exploration program is set to advance its highly prospective assets, the Magno and Three Guardsman projects. At the Magno Project, ...

Core Viewpoint - MAX Resource Corp. has secured rights to acquire 100% of the Mora Gold-Silver Title, which is strategically located adjacent to the Marmato Gold Mine and the Apollo Gold Discovery in Colombia, indicating significant potential for exploration and development in a productive mining region [2][5][19]. Acquisition Details - The acquisition involves a Purchase Agreement with Inversiones Villamora S.A.S., allowing MAX to earn up to 100% ownership of the Mora Title, which spans 713 hectares [2][23]. - The payment structure includes an initial payment of $50,000, followed by additional payments totaling $2.3 million, contingent on certain milestones [23][25]. Geological Significance - The Mora Gold-Silver Title is situated within the Middle Cauca Gold Belt, known for major gold deposits, and is adjacent to Aris Mining's Marmato mine, which has reserves of 31.3 million tonnes at 3.2 g/t Au [3][7]. - The title covers 40 historic workings and 5 active mines, with channel sample results indicating high-grade mineralization, including 45.0 g/t gold and 7,110 g/t silver over 1 meter [3][5][19]. Exploration Potential - The geological characteristics of the Mora Title are similar to those of the Marmato mine, suggesting potential for bulk tonnage porphyry-related gold deposits [8][19]. - Initial exploration plans include collecting historic data, mapping all workings, and conducting geological sampling to assess the property further [19][21]. Historical Context - Previous exploration on the Mora Title has been limited, primarily consisting of artisanal mining, with historical reports indicating high-grade gold and silver veins [15][16]. - A reconnaissance visit in April 2025 confirmed the presence of polymetallic mineralized structures across a significant strike length [13][19]. Next Steps - The company aims to conduct a comprehensive assessment of the Mora Property, focusing on mapping and sampling to initiate further exploration stages [19][21].

Core Insights - Hi-View Resources Inc. has completed a work program on its Golden Stranger Project, making a significant discovery of a new copper zone [1][2][3] - The exploration efforts have delineated a 2 km northwest-trending structural corridor connecting the Golden Stranger zone and the newly named Golden Acquaintance zone [3][7] - The company is now permitted to conduct a comprehensive multi-phase drill program of up to 45 sites based on enhanced surface data [3][11] Exploration Update - Ground geophysics, soil sampling, and prospecting have been completed on the Main Block, including a magnetic-VLF survey covering 45.6 line-km [6][7] - A total of 67 soil samples and 63 rock samples were collected, revealing a new copper zone with samples containing up to 1% malachite and other copper minerals [6][7] - On the Eastern Block, 164 soil and 15 rock samples were collected to test regional northwest structures identified in previous surveys [8][11] Historical Context - Historical drilling highlights include 10 meters at 11.55 g/t gold and a pre-NI 43-101 estimate of 498,905 tonnes at 2.74 g/t gold [13] - In 2024, sampling yielded up to 111.5 g/t gold and 2,740 g/t silver, indicating significant exploration potential [13]

Core Points - Omega Pacific Resources Inc. has closed the first tranche of its non-brokered private placement, raising a total of $292,500 [1] - The proceeds from the offering will be allocated to an exploration program on the Williams Property and for general working capital [1] Group 1: Offering Details - The first tranche included the sale of 570,372 flow-through units for gross proceeds of $77,000 and 2,155,000 non flow-through units for gross proceeds of $215,500 [1] - Each non flow-through unit consists of one common share and one share purchase warrant exercisable at $0.15 for a two-year period [2] - Each flow-through unit consists of one flow-through common share and one share purchase warrant exercisable at $0.20 for a two-year period [3] Group 2: Finder's Fees and Warrants - The company paid a total of $16,450 in cash and issued 155,426 finder's warrants to eligible finders [4] - The finder's warrants include 25,926 exercisable at $0.135 and 129,500 exercisable at $0.10, both for up to two years [4] Group 3: Regulatory and Tax Considerations - All securities issued are subject to a hold period of four months and one day from the date of issuance [5] - The flow-through shares will qualify as "flow-through shares" under the Income Tax Act (Canada) and will be used to incur "Canadian exploration expense" [5] Group 4: Company Focus - Omega Pacific is focusing its resources on the Williams Property after terminating its option agreement for the Lekcin property [6] - The Williams Property is located in BC's Toodoggone District, which is gaining attention from major mining companies [7] - In 2024, Omega Pacific discovered a significant bulk tonnage gold system at the GIC Prospect on the Williams Property [7]

Core Viewpoint - Silver North Resources Ltd. has launched its 2025 exploration program at the Haldane Silver Property, aiming to expand on previous discoveries and assess the potential for high-grade silver-lead-zinc mineralization [1][2]. Exploration Program Details - The 2025 program includes plans for 10 drill holes totaling approximately 2,500 meters, focusing on the newly identified Main Fault target [1][2]. - The initial drilling will test the continuity of mineralization approximately 60 meters down dip from the 2024 intersections, with additional holes planned to assess strike and depth continuity [2][4]. - The program is expected to be completed by the end of October 2025 [3]. Mineralization Highlights - Previous drilling at the Main Fault has revealed high-grade mineralization, including intersections of 1.83 meters at 1,088 g/t silver and wider zones such as 5.8 meters at 365 g/t silver [2][4]. - The Main Zone has demonstrated strong potential with high grades and large widths of mineralization, indicating a promising area for further exploration [2]. Company Background - Silver North Resources Ltd. owns the Haldane Silver Project, located adjacent to Hecla Mining's Keno Hill Mine, and is also involved in other projects in the Silvertip/Midway District [7]. - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under "TARSF" [8].

Core Viewpoint - Lancaster Resources Inc. has initiated desk and field work at its 100%-owned Lake Cargelligo Gold Project in New South Wales, Australia, marking a significant step towards completing its maiden National Instrument 43-101 Technical Report, which is essential for advancing the project [1][3]. Group 1: Project Details - The Lake Cargelligo Project spans 28,768 hectares and is strategically located in the Lachlan Fold Belt, known for its historical high-grade gold and silver occurrences [2]. - Initial field activities will involve geological mapping and rock chip sampling to refine exploration targets and prepare for a focused drilling program [2]. Group 2: Historical Results and Future Plans - Historical work on the project has yielded impressive results, including rock chip samples with grades up to 204 g/t Au and 273 g/t Ag, and channel sampling intercepts of up to 16m at 5.83 g/t Au and 7.20 g/t Ag [8]. - The company aims to complete the NI 43-101 Technical Report by August 31, 2025, which will serve as a foundation for systematic exploration and resource definition [3]. Group 3: Investor Relations - Lancaster Resources has engaged Ora IR Services Inc. for investor relations support, granting them 1,800,000 stock options at an exercise price of $0.10 per share, with anticipated monthly cash compensation between $10,000 and $20,000 [4]. Group 4: Company Overview - Lancaster Resources Inc. is focused on building a portfolio of exploration assets, holding interests in various projects including the Piney Lake Gold Project in Saskatchewan and uranium projects in the Athabasca Basin, in addition to the Lake Cargelligo Gold Project [6].

Core Viewpoint - Hi-View Resources Inc. has entered into a property sale agreement to acquire a 100% interest in the Saunders and Nub projects from Eagle Plains Resources Ltd. for a total consideration of CAN$70,000 cash, 350,000 shares, and a 3% Net Smelter Royalty [1] Group 1: Acquisition Details - The total purchase price for the Saunders and Nub projects includes CAN$70,000 in cash, 350,000 shares of Hi-View, and a 3% Net Smelter Royalty in favor of Eagle Plains [1] - Hi-View has the option to acquire an additional 2% of the Net Smelter Royalty for CAN$2,500,000 in cash payments [1] Group 2: Project Locations and Geological Context - The Saunders and Nub projects are located approximately 300 km northeast of Smithers, BC, and 30 km north of the Kemess Cu-Au mine, which is operated by Centerra Gold [4] - The Saunders property is strategically situated along a geological corridor known for high-grade gold-copper deposits, including past-producing mines and advanced-stage exploration projects [4] - The Nub project is surrounded by the JOY project operated by Amarc Resources, which is interpreted as the northern extension of the Kemess porphyry Cu-Au district [6] Group 3: Geological Potential - The Saunders property covers 209.6 hectares and is associated with quartz veins and stringers, with historical samples reporting up to 1.42 g/t Au and 11.7 g/t Ag [5] - The Nub project spans 873.9 hectares and features a high-priority exploration target identified by a magnetic anomaly, coinciding with anomalous copper in soil geochemistry [6] Group 4: Company Overview - Hi-View Resources Inc. is focused on mineral exploration targeting gold, silver, and copper in the Toodoggone region of northern British Columbia, with properties covering 9,749 hectares [8] - The company’s Golden Stranger project is fully permitted with 45 drill-ready sites, and historical drilling highlights include 10 meters at 11.55 g/t gold [8]

Core Viewpoint - K92 Mining Inc. reported strong financial and operational results for Q2 2025, with significant increases in production, revenue, and net income, positioning the company well for future growth and expansion [1][5][8]. Production - The company produced 34,816 ounces of gold equivalent (AuEq), which includes 32,375 ounces of gold, 1,536,505 pounds of copper, and 42,824 ounces of silver, marking a 43% increase from Q2 2024 [5][11]. - The first half of 2025 saw a total production of 82,633 ounces AuEq, exceeding budget expectations, with the second half anticipated to be the strongest [5][8]. - The head grade was reported at 8.9 grams per tonne (g/t) AuEq, with strong metallurgical recoveries of 93.3% for gold and 94.9% for copper [5][11]. Financials - Quarterly revenue reached $96.3 million, a 102% increase from Q2 2024, while net income was $39.2 million, representing a 539% increase [5][11]. - Operating cash flow for the quarter was $47.0 million, with EBITDA of $59.7 million [5][11]. - The company reported a record cash position of $182.9 million, including a net cash position of $123.8 million [5][8]. Growth - K92 is advancing its Stage 3 Expansion, with 86% of the growth capital either spent or committed as of June 30, 2025 [5][8]. - The commissioning of the new 1.2 million tonnes-per-annum Stage 3 Process Plant commenced in June 2025, with completion expected in Q4 2025 [5][7]. - Exploration activities are increasing, with multiple drill rigs operating at various sites, indicating a focus on expanding mineral resources [9]. Exploration - Significant high-grade intercepts were reported from the Kora and Judd deposits, indicating potential for near-term bulk mining [5][10]. - Notable intersections include 12.80 meters at 31.89 g/t AuEq from the K2 Vein, highlighting the potential for further resource expansion [5][10].

Core Viewpoint - Talon Metals Corp. has reported significant progress in its drilling program at the Tamarack Nickel-Copper-Cobalt Project, particularly with the discovery of the "Vault Zone," which shows promising mineralization and continuity in nickel deposits [1][3]. Drilling Results - The third drill hole, 25TK0565, intercepted 20.3 meters of mixed and massive nickel mineralization starting at a depth of 672.10 meters, located 26 meters northwest of a previous high-grade intercept in drill hole 16TK0250, which graded 12.62% Ni, 13.88% Cu, and 0.12% Co [4][9]. - The cumulative length of the mineralization in drill hole 25TK0565 is 34.77 meters, with assay results pending [4][9]. Geological Insights - The mineralization in the Vault Zone is believed to be formed through a drainage model, indicating a potential for hypogene enrichment, which can enhance copper content and overall mineralization value [4][9]. - The geological setting of the new discoveries suggests an accumulation of massive sulphides with the highest recorded nickel and copper tenor in the Tamarack Intrusive Complex [9][15]. Directional Drilling Program - A directional drilling program has commenced, utilizing two drill pads and two rigs, with plans for five wedge holes targeting Talon-generated borehole electromagnetic (BHEM) anomalies [10][11]. - The BHEM anomalies associated with previous drill holes indicate a complex network of conductive zones, guiding the current drilling efforts [11][10]. Collaboration and Agreements - Talon has extended its exclusivity period with Lundin Mining Corporation until August 31, 2025, as they work on agreements for Lundin to potentially acquire up to a 70% interest in nearby exploration targets [18]. - The company is actively drilling at the Boulderdash site and plans to mobilize additional rigs for further exploration [19]. Financial Support - Talon has received significant funding, including a US$114.8 million grant from the US Department of Energy and a US$20.6 million grant from the US Department of Defense to support exploration efforts in Minnesota and Michigan [24]. Company Overview - Talon Metals Corp. is a TSX-listed base metals company focused on expanding its high-grade nickel mineralization resource at the Tamarack Nickel-Copper-Cobalt Project, which spans over 400,000 acres [23].

Core Viewpoint - Vanguard Mining Corp. has successfully closed a non-brokered private placement of units, raising gross proceeds of $1,924,444.65 for exploration and working capital purposes [1][4]. Group 1: Offering Details - The LIFE Units were priced at $0.15 each, consisting of one common share and one-half of a transferable common share purchase warrant [1]. - Each whole LIFE Warrant allows the holder to purchase an additional share at $0.22 for 18 months, with an acceleration clause if the share price exceeds $0.32 for five consecutive trading days [1]. - The offering was made under the Listed Issuer Financing Exemption, allowing sales to purchasers in all Canadian provinces except Quebec, with no hold period for the securities [2]. Group 2: Financial Aspects - The company paid a finder fee of $131,755.60 and issued 878,371 non-transferable finders' warrants, each allowing the purchase of a common share at $0.22 for 18 months [3]. - The proceeds from the offering will be allocated to exploration programs on mineral properties and general working capital [4]. Group 3: Company Overview - Vanguard Mining Corp. is focused on discovering and developing strategic minerals, particularly uranium, in the U.S. and Paraguay [6]. - The company aims to identify and develop assets critical to the global energy transition, emphasizing responsible exploration and value creation [6].