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Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu
Globenewswire· 2025-07-22 10:00
Core Viewpoint - Osisko Metals has announced significant new drilling results from the Gaspé Copper Project, highlighting the potential for resource expansion with the longest continuous intercept to date of 853 meters averaging 0.20% Cu, 1.43 g/t Ag, and 0.02% Mo (0.30% CuEq) [1][2]. Summary by Relevant Sections New Drill Results - Drill hole 30-1082 reported 853.5 meters of continuous mineralization, including a lower intercept of 424.0 meters averaging 0.21% Cu, 1.33 g/t Ag, and 0.026% Mo, extending mineralization to a vertical depth of 1140 meters [11][12]. - Drill hole 30-1089 intersected 645.0 meters averaging 0.28% Cu, 1.46 g/t Ag, and 0.023% Mo, with a lower intercept of 396.7 meters averaging 0.30% Cu, 1.34 g/t Ag, and 0.023% Mo, extending to a depth of 965 meters [15][16]. - Drill hole 30-1083 showed 427.5 meters averaging 0.26% Cu, 1.54 g/t Ag, with a lower intercept of 328.0 meters averaging 0.24% Cu, 1.43 g/t Ag, extending to a depth of 900 meters [12][13]. Mineral Resource Potential - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions [21][22]. - The Gaspé Copper Project hosts Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [30][31]. Geological Context - Mineralization at the Gaspé Copper Project occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite, with at least five recognized mineralizing events [19]. - The drilling is focused on defining open-pit resources within the Copper Mountain stockwork mineralization, with significant resource increases noted in the Inferred category [20][31].
Aventis Energy Announces Mobilization of Exploration Crews to the Corvo Uranium Project in Northern Saskatchewan
Globenewswire· 2025-07-08 12:00
Core Insights - Aventis Energy has initiated its 2025 exploration program on the Corvo Uranium Project, focusing on detailed mapping and sampling of historical uranium showings [1][6][10] - The program aims to confirm uranium grades and identify high-priority targets for future drilling [2][4] Exploration Program Details - The exploration team mobilized to the Corvo Project on July 4, 2025, to conduct a comprehensive mapping, prospecting, and sampling program [6][8] - High-grade uranium has been identified at surface levels, with historical samples showing concentrations between 1.19% to 5.98% U3O8 at the Manhattan showing and 0.137% U3O8 at the SMDI showing 2052 [4][10][18] - A diamond drill program is planned for Q1 2026 to test the targets developed from the 2025 exploration efforts [4][6] Geophysical Surveys - Recent airborne TDEM surveys have outlined several kilometers of conductive anomalies and magnetic features, enhancing the resolution of conductive trends on the Project [8][9] - A high-resolution ground gravity survey is also planned to identify potential hydrothermal alteration halos related to uranium mineralization [7][9] Historical Context and Potential - The Corvo Uranium property has historical drill holes that intersected multiple intervals of uranium mineralization, with significant historical sample results of up to 59,800 ppm U at surface [10][18] - The Project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, similar to the Rabbit Lake deposit and the Gemini Mineralized Zone [10]