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Brixton Metals Drills 15m of 2.26 g/t Gold at the Trapper Gold Target
Globenewswire· 2025-10-01 11:30
VANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional drill results from the Trapper Gold Target this season. Drilling at the Trapper Target has been completed for the season. A total of 6272m was drilled at the Trapper Target from 30 holes. Assays are pending for the remaining 18 holes with visible gold having been identified in several of these remaining holes. The zone remains ope ...
Canterra Minerals Intersects 16.0 metres of 1.72% Copper Equivalent at Clementine Prospect, 4 km Northwest of Past-Producing Buchans Mine
Globenewswire· 2025-09-23 11:01
Core Viewpoint - Canterra Minerals Corporation has announced promising initial drill results from the Clementine Prospect, part of its Buchans Project, indicating the potential for high-grade mineralization and the mobilization of additional drilling resources to further explore these findings [1][3][5]. Group 1: Drill Results and Analysis - Initial drilling has confirmed high-grade Buchans-style mineralization, with significant grades at the margins of historic mineralization [2][9]. - The drill hole H-25-3546 reported a true mineralized thickness exceeding 10 meters, with an average copper equivalent (CuEq) of 1.72% over 16.0 meters [6][9]. - The results include notable intervals such as 3.15% CuEq over 2.0 meters and 2.64% CuEq over 3.0 meters in hole H-25-3545 [9]. Group 2: Future Plans and Exploration Strategy - In response to the positive results, the company has mobilized a second drill rig and is conducting a 10,000-meter drill program at the Buchans Project [3][5]. - The focus will be on the Clementine South area, where recent 3D IP surveys have identified several promising, untested targets characterized by strong chargeability response anomalies [15]. - The ongoing exploration aims to test the continuity and extent of mineralization, particularly in areas correlated with the newly identified geophysical anomalies [15]. Group 3: Project Background - The Buchans Project is a brownfield site covering 95 km², located near the historic Buchans Mine, which was one of the world's highest-grade base metal mines [16]. - The project also includes the undeveloped Lundberg deposit, which is well-suited for open-pit development and contains significant near-surface resources [16][22].
Atlas Critical Minerals Files Technical Report Confirming High-Grade Rare Earths and Titanium Mineralization at Alto do Paranaiba Project
Newsfile· 2025-08-19 10:00
Core Insights - Atlas Critical Minerals Corporation has filed a Technical Report Summary (TRS) confirming high-grade rare earth and titanium mineralization at its Alto do Paranaíba Project in Brazil, with grades reaching up to 28,870 ppm Total Rare Earth Oxides (TREO) and 23.2% Titanium Dioxide (TiO2) across a 68,550-acre property [1][4][5] Project Overview - The Alto do Paranaíba Project consists of 16 mineral rights fully owned by the company, strategically located within the Mata da Corda Group formation, known for rare earth and titanium occurrences [2][5] - The geological exploration is organized into three blocks for logistical efficiency [2] Technical Report Highlights - The TRS includes results from 809 surface samples and initial drilling from 11 auger holes, indicating consistent high-grade mineralization across all blocks [4][5] - A comprehensive three-phase exploration program is recommended, involving 13,000 meters of drilling and various geophysical surveys [4][5] Geological Characteristics - The Mata da Corda formation is characterized by volcanoclastic rocks and titanium-rich minerals, enhancing the project's potential for mineralization [6] - The strong correlation between rare earth elements and titanium, along with the geological unit's responsiveness to magnetic surveys, supports effective targeting for future drilling [6] Strategic Advantages - The project benefits from near-surface mineralization, facilitating potential open-pit extraction, and has confirmed consistent grades across all tested mineral rights [5][6] - The location is supported by robust infrastructure, including access to power, water, and roads [5] Future Objectives - The company's goal is to rapidly issue a resource estimate and develop an integrated mine and processing plant for the beneficiation of rare earth oxides and titanium [7]
Metals Creek Returns 1.36% Cu and 3.10 g/t Ag over 36.30m at the Tillex Copper Project
Newsfile· 2025-07-10 11:00
Core Insights - Metals Creek Resources Corp. announced final drill results from the Tillex Copper Project, indicating successful mineralization extension and high-grade mineralization definition [1][2][4] - The recent drilling program consisted of seven diamond drill holes totaling 909.5 meters, revealing a transition in copper mineralization from steeply dipping to shallower or flat lying [2][3] - Significant copper mineralization was identified, including an intercept of 1.36% Cu and 3.10 g/t Ag over 36.3 meters, with a higher-grade interval of 2.15% Cu and 2.63 g/t Ag over 17.6 meters [3][4] Drill Program Details - The drill program successfully extended mineralization to the north and defined high-grade vein and stringer mineralization at both upper and lower contacts of mineralized porphyry [2][3] - Hole TX25-035 tested the new interpretation of copper-bearing stratigraphy, confirming the flattening of mineralization in the southern portion of the project [3] - Over-limit assays were received for previously reported holes TX25-29 and TX25-31, indicating new lead and zinc mineralization [6] Company Overview - Metals Creek Resources Corp. is a junior exploration company based in Ontario, with its shares listed on the TSX Venture Exchange under the symbol "MEK" [9] - The company has a 50% interest in the Ogden Gold Property and multiple quality projects available for option [9][10]
Second Drill Hole at Potro SE Extends Polymetallic Mineralization at Mirasol’s Flagship Sobek Gold-Silver-Copper Project in the Vicuña District, Chile
Globenewswire· 2025-06-16 10:30
Core Viewpoint - Mirasol Resources Ltd. has announced positive results from the second drill hole at the Potro SE target, indicating the extension of a mineralized hydrothermal breccia system containing gold, silver, zinc, lead, and indications of copper at the Sobek Copper-Gold Project in Chile [1][2]. Group 1: Drill Results - The second drill hole (PSE-DDH-002) confirmed the continuity of mineralization, showing a well-mineralized intermediate sulfidation system potentially linked to a deeper porphyry center [2][6]. - The second drill hole reached a depth of 918 meters, approximately 80 meters deeper than the first hole, and exhibited slightly higher grades over narrower widths [4][6]. - Significant intercepts included 0.90 meters at 15.02 g/t gold equivalent and 17.65 meters at 0.22 g/t gold equivalent, with high values of silver, lead, and zinc [5][7][10]. Group 2: Geological Context - The mineralized breccias are interpreted to be controlled by the Ventana Fault System, which is associated with high-grade discoveries at nearby Lunahuasi [2][6]. - The hydrothermal breccia system is hosted along the Ventana Fault, indicating a potentially larger mineralized system [10][12]. - Future drilling will focus on the southern extension of the Potro SE mineralization along the Ventana Fault, targeting areas with stronger mineralization signals [11][12]. Group 3: Project Background - The Sobek Project is strategically located within a mineral-rich geological environment, approximately 3 kilometers from significant discoveries such as the Filo del Sol deposit and NGEx's Lunahuasi [13][14]. - Mirasol has been actively exploring the Sobek Project since 2016, capitalizing on the favorable structural architecture of the region [13][22]. Group 4: Financial and Corporate Updates - Mirasol has terminated its option agreement on the Inca Copper-Gold Project, having fulfilled all exploration obligations [16]. - The company announced an increase in a shareholder loan to $3 million, which will be used for general working capital and to pay creditors [17][18].