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Terra Balcanica Completes 1200 m of Phase III Drilling at Silver-Antimony Targets in Bosnia and Herzegovina
Globenewswire· 2025-12-12 17:37
Core Insights - Terra Balcanica Resources Corp. has completed the first stage of its 2,100 m Phase III drilling program at the Brezani and Chumavichi targets within the Viogor-Zanik project in Bosnia and Herzegovina [1][3] Phase III Drilling - The 2025 drilling program aims to follow up on previously discovered high-grade polymetallic mineralizations at Brezani and Chumavichi, enhancing geological knowledge at these locations [4] - The drilling campaign faced technical challenges but achieved over 94% average core recovery [7] Brezani Target - Initial drilling at Brezani revealed 88 m from surface of 0.61 g/t AuEq, remaining open along an 850 m long gold in soil anomaly [5] - Deeper drilling discovered an epithermal system, returning 19.6 m at 436 g/t AgEq, indicating numerous epithermal structures trending towards the surface [5][8] Chumavichi Target - The Chumavichi target has confirmed at least three separate vein systems, with previous drilling returning grades of 824.2 g/t AgEq over 4 m, 505.3 g/t AgEq over 11 m, and 284 g/t AgEq over 10 m [6] - The 2025 drilling at Chumavichi encountered similar sulphides to previously reported drillholes, indicating further exploration potential [6] Future Plans - The company plans to test the main Ag-Sb-Zn-As-Bi soil anomaly with additional drillholes and continue exploration at the Chumavichi system [3] - Phase III operations are set to resume in January 2026 after laboratory assays are released [3] Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration in the Balkans and northern Saskatchewan, Canada, holding a 90% interest in the Viogor-Zanik Project [10] - The company emphasizes responsible engagement with local communities and is committed to sustainable practices [10]
Maxus Mining Identifies Multiple Zones of High-Grade Mineralization from 2025 Surface Program at Alturas East
Globenewswire· 2025-12-01 13:00
Core Insights - Maxus Mining Inc. has confirmed widespread high-grade polymetallic mineralization across the Alturas East Project, indicating significant exploration potential in the Slocan Mining Division of British Columbia [1][3][4] Exploration Highlights - The 2025 exploration program revealed a 500-meter mineralized veining corridor along the Gold Quartz Ridge, with notable assay results including 18.20 g/t gold, 131.00 g/t silver, and 0.23% copper [4][15] - Multiple stratigraphic horizons and vein systems were identified, showcasing a robust, multi-phase mineralizing system comparable to historic producers in the region [4][11] - Outcrop sampling indicated strong multi-commodity potential with elevated values of gold, silver, nickel, lead, titanium, and zinc across various target areas [4][11] Specific Target Areas - **Olympus East**: Strong silver-lead-zinc values were confirmed, with sample G018669 returning 9.40 g/t Ag, 0.26% Pb, and 0.99% Zn, indicating a proximal mineral source [11][14] - **Olympus West**: Elevated nickel-silver-zinc values were noted, with sample G018671 showing 2050 ppm Ni, suggesting multiple mineralizing events [12][14] - **Gold Quartz Ridge**: This area returned some of the strongest polymetallic values, with historic waste pile samples yielding results such as 18.20 g/t Au and 131 g/t Ag, indicating significant mineralization potential [15][16] Geological Context - The Alturas East Block is strategically located near the past-producing Highland Surprise Mine, characterized by polymetallic veins containing gold, silver, lead, zinc, and copper [5][6] - The property has not undergone systematic modern exploration since the 1970s, presenting significant exploration upside [6][10] Company Overview - Maxus Mining Inc. is focused on locating and advancing economic mineral properties in premier jurisdictions, with a diversified portfolio totaling approximately 15,098 hectares across British Columbia [25][26]
GoldHaven Resources Provides Exploration Update on Magno Project
Globenewswire· 2025-09-04 13:00
Core Viewpoint - GoldHaven Resources Corp. is advancing its exploration program at the Magno Project in Northern British Columbia, focusing on understanding the potential for larger and deeper mineral targets linked to Cretaceous magmatism and evaluating extensive surface mineralization [1][3][4]. Exploration Progress - The 2025 exploration program is fully funded and has surpassed the halfway mark, with systematic sampling and detailed mapping underway [3][7]. - Initial samples are being prepared for shipment to ALS Global for analysis, which is expected to provide important catalysts for the project [3][4]. Mineralization Insights - The Magno Project features multiple styles of mineralization that share common fluid pathways, allowing for a holistic interpretation of the mineral system [4][7]. - High-grade mineralization has been confirmed in the Magno and D zones, with silver values exceeding 2,000 ppm from structurally controlled skarns [6][8]. Specific Zones of Interest - Exploration at the Magno Central area has confirmed the presence of skarn and CRD-style mineralization, with emerging potential for indium and gallium [6][8]. - The Kuhn and Dead Goat zones have been mapped, revealing skarn horizons with potential strike extensions of up to 2 km [9][10]. Historical Context and Future Potential - The project benefits from established road access and remnants of past mining activity, facilitating efficient operations [14]. - The presence of massive sulphides in the D zone suggests a larger, multiphase mineral district than previously understood [8][14]. Company Overview - GoldHaven Resources Corp. is focused on acquiring and exploring high-potential land packages in North and South America, with the Magno Project being a flagship polymetallic property adjacent to the historic Cassiar mining district [16].
Glenstar Intersects over 30% Zinc and 5.7 oz/t Silver Within a 10 Metre Zone of Strong Polymetallic Mineralization at Green Monster Project
Newsfile· 2025-07-16 12:01
Core Insights - Glenstar Minerals Inc. announced significant assay results from its Green Monster Property, revealing a new zone of polymetallic mineralization with over 30% zinc and 5.7 oz/t silver [1][2][5] - The new mineralization zone is approximately 10 meters wide and is located 150 meters from the primary target area, indicating a substantial increase in the project's target size [2][3][4] Summary by Sections Assay Results - The assay results from hole GMST-4 showed >30% zinc, 177 ppm silver (5.7 oz/t), 523 ppm nickel (0.0523%), 91.9 ppm cobalt (0.0019%), and >0.36% copper [2][5] - Mineralization was found at depths from approximately 131 meters (430 feet) to 142 meters (465 feet) [2] Project Expansion - The new zone is completely open, suggesting potential for further mineralization and expansion of the project [3] - Glenstar plans to initiate Phase 2 drilling to explore the new hanging wall zone and assess its continuation along strike and at depth [5] Geological Context - The Green Monster Property is part of the larger Green Monster Fault Zone, known for its zinc deposits and significant anomalies of nickel, cobalt, and copper [6] - Previous exploration work indicated the property as a prospective area, and the recent assay results support earlier findings [6][9] Project Background - The Green Monster Property consists of 35 federal lode claims covering approximately 700 acres in Clark County, Nevada [9] - Prior to the recent drilling in May 2025, no drilling had been conducted on the property, although earlier sampling in 2022 indicated robust nickel-copper and anomalous cobalt [9][10] Company Overview - Glenstar Minerals Inc. focuses on exploring and developing critical mineral properties essential for electronics and energy technologies [11]