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ATEX Further Consolidates World-Class Porphyry District
TMX Newsfile· 2026-01-22 21:54
Core Viewpoint - ATEX Resources Inc. has strategically expanded its land package adjacent to the Valeriano project in Chile, enhancing its exploration potential with the acquisition of the Nuevo Horizonte claims, which include two defined porphyry targets, Pachuy and Chollay [1][3]. Group 1: Land Acquisition and Expansion - The Nuevo Horizonte claims cover over 8,600 hectares and are adjacent to the Valeriano property, increasing ATEX's total land position in the district to approximately 25,000 hectares [2][5]. - The acquisition of the Nuevo Horizonte claims has expanded ATEX's exploration holdings around Valeriano by over 50%, from approximately 16,500 hectares to 25,000 hectares [6]. Group 2: Exploration Potential - The new targets, Pachuy and Chollay, exhibit structural similarities to Valeriano and are expected to provide significant opportunities for copper-gold exploration, with potential for deeper drilling targets [5][6]. - Historical exploration at the Pachuy target has intersected high-grade mineralization within 350 meters of the surface, indicating the presence of a porphyry system [3][6]. - Surface geochemistry and mapping at the Chollay target suggest a Valeriano-style system that has yet to be tested with drilling [6]. Group 3: Strategic Objectives - The addition of the Nuevo Horizonte claims aligns with ATEX's strategic objectives, enhancing the company's position in a highly prospective district that includes significant projects from major mining companies [1][3]. - The company aims to advance the new targets to drill status in the coming months and years, leveraging existing camp and infrastructure at Valeriano [3].
White Gold Corp. Defines Multiple Copper and Multi Element Porphyry Style Targets at the Bridget Target, Situated Along the Big Creek and Sixty Mile River Fault Systems in the Minto-Carmacks Copper Belt and Announces Corporate Webinar
Globenewswire· 2025-12-16 12:00
Figure 1 - WGO Property Boundaries Figure 1 - WGO Property Boundaries Figure 2 - Pedlar Property and Copper Belt Figure 2 - Pedlar Property and Copper Belt Figure 3.1 - 2025 IP Results - Chargeability Figure 3.1 - 2025 IP Results - Chargeability Figure 3.2 - 2025 IP Results - Resistivity Figure 3.2 - 2025 IP Results - Resistivity Figure 4 - Cu and Mo in Soils Over Gradient IPRES Results Figure 4 - Cu and Mo in Soils Over Gradient IPRES Results Figure 5 - W and Ag in Soils Over Gradient ...
Azucar To Commence Copper-Gold Exploration in Nevada, USA
Globenewswire· 2025-10-09 11:00
Core Insights - Azucar Minerals Ltd. is initiating exploration activities on three properties in central Nevada, focusing on copper-gold porphyry systems, with plans extending into 2026 [1][9] - The properties include the Red Ring, Confusion Hills, and Pilot Projects, each showing promising geological features for mineralization [1][2] Exploration Plans - Exploration will commence shortly, including an induced polarization (IP) geophysical survey at the Pilot and Red Ring Projects, and logistical studies for drilling at the Confusion Hills Project [1][2] - The company has received drill permits for both the Confusion Hills and Pilot Projects, indicating readiness to advance exploration [3][4] Property Highlights - **Confusion Hills Project**: Recent grab samples returned values up to 7.1 g/t gold, with an independent report showing a maximum of 10.05 g/t gold from check samples [2][4] - **Pilot Project**: Identified porphyry targets with significant hydrothermal alteration and mapped veined porphyry bodies, supported by a broad zone of anomalous copper-molybdenum and gold [3][4] - **Red Ring Project**: Detected high resistivity values and chargeability features through IP surveys, indicating potential for further exploration [2][5] Geological Findings - The Confusion Hills Project features a high sulphidation alteration zone with complex mineralization, while the Red Ring Project shows a large alteration zone interpreted as a porphyry lithocap [4][5] - Soil sampling across the properties has revealed anomalous gold, molybdenum, and copper, correlating with high chargeability from IP surveys [4][6] Technical Oversight - The exploration activities and findings are overseen by qualified professionals, ensuring adherence to industry standards and regulatory requirements [7][9]
GSP Commences Field Investigations to Advance Alwin Mine and Mer Property Porphyry Targets
Thenewswire· 2025-09-16 11:00
Core Viewpoint - GSP Resource Corp. is mobilizing field crews to explore geophysical anomalies at the Alwin Mine and Mer properties, indicating potential porphyry mineralization sources [1][3]. Exploration Program - The fall 2025 exploration program aims to follow up on geophysical data, alteration mapping, and historic drilling in the underexplored area north of the Alwin Mine, involving rock geochemical sampling and reconnaissance mapping [2]. - A soil geochemical grid will be established at the Mer Property to better define the potential copper-molybdenum mineralization footprint [2]. Geophysical Survey Results - A recent NSAMT geophysical survey at the Alwin Mine identified a conductive anomaly at depth, associated with a northwest trending porphyry alteration zone extending to the Mer Property [3]. Historic Drilling Insights - Historic drilling near the conductive anomaly in the northern Alwin claims revealed porphyry-style copper mineralization, with a notable intercept of 9.7 meters grading 0.55% copper [4]. Permit Application - The Company has submitted a 5-year multi-year area based (MYAB) permit application to the British Columbia Ministry of Mining and Critical Metals for an initial phase 1 drill program at the Mer Property, which aims to follow up on a previously defined porphyry copper-molybdenum zone [5].