Workflow
Porphyry System Exploration
icon
Search documents
Copper Quest Amends RIP Cu-Mo Option Agreement and Provides Project Update
Globenewswire· 2025-10-14 12:00
Core Insights - Copper Quest Exploration Inc. has signed an Amended Option Agreement with ArcWest Exploration Inc. for the RIP Copper Project in British Columbia, extending the drilling requirement to December 31, 2026 [1][15] - The 2024 Phase One drilling program has confirmed the presence of a Cu-Mo mineralized porphyry system at the RIP Project, with significant mineralized intersections reported [3][4] Project Overview - The RIP Project is located approximately 33 km northeast of Imperial Metals' Huckleberry mine and is part of the Bulkley Porphyry Belt [1] - The project area has been expanded from 2,308.81 hectares to 4,770.65 hectares through the acquisition of five additional claims [4] Drilling Results - The Phase One drill program revealed extensive Cu-Mo mineralization, with highlights including: - 0.102% CuEq over 126.6 m in drill hole RP24-001 [4][7] - 0.113% CuEq over 114.3 m in drill hole RP24-002 [4][7] - The northern target has been defined as a 600m wide mineralized zone, while the southern target remains untested [3][4] Technical Details - The project is characterized by multiple phases of porphyritic intrusions and associated vein stockwork, indicating a significant porphyry system [5][10] - An airborne magnetic survey in 2024 identified two separate porphyry centers within the project area, enhancing the exploration potential [6] Future Plans - The company plans a minimum 2,000-meter Phase 2 drill program to fulfill the terms of the Option Agreement and secure an initial 60% ownership in the RIP project [15] - The exploration strategy aims to further define the mineralization and assess the potential of the untested southern target [3][4] Industry Context - Global copper demand is increasing due to electrification, electric vehicles, and renewable energy, while supply remains constrained, highlighting the importance of new porphyry discoveries [18]
Quimbaya Identifies Mineralized High-Sulfidation Porphyry System at Surface at Tahami
Newsfile· 2025-10-02 12:30
Core Insights - Quimbaya Gold Inc. has identified a significant Cu-Mo-Au porphyry-style target at its Tahami Center Project in Colombia, confirming mineralization and geological potential [1][6][26] Summary by Sections Project Overview - The Tahami Center Project features a large target area measuring 2.0 km by 1.4 km, exhibiting classic porphyry characteristics confirmed through surface mapping and geochemical anomalies [1][3] - The project is strategically located 2.5 km from the active drilling program at Tahami South and within the same corridor as Aris Mining's Segovia operations [3][6] Mineralization and Geological Features - Active artisanal gold workings within the target area indicate near-surface gold mineralization, supporting the potential of a preserved porphyry system with a vertically zoned epithermal overprint [2][6] - The presence of a preserved lithocap with advanced argillic alteration suggests a high-sulfidation system, which is known for hosting high-grade gold zones [3][6] Technical Highlights - Preliminary geochemical results include rock channels showing 2.10 m at 0.12% Cu, 301 ppm Mo, and 0.10 g/t Au, with stream sediments returning up to 304.5 ppm Cu, 66 ppm Mo, and 0.29 g/t Au [3][11] - A complete porphyry signature has been confirmed, including potassic, quartz-sericitic, and advanced argillic zones, along with a full suite of porphyry veinlets identified across multiple stations [3][12] Contextual Significance - Colombia is recognized for its high-grade epithermal gold veins, particularly in the Segovia belt, while porphyry systems remain underexplored, presenting a unique opportunity for Quimbaya [6][26] - The scale and preservation of the mineralized system at Tahami indicate a rare geological setting with significant exploration potential [6][26]
Goldstorm Metals Commences IP Geophysical Survey on the Crown Property, Located in the Golden Triangle of British Columbia
Newsfile· 2025-08-26 08:00
Core Viewpoint - Goldstorm Metals Corp. has initiated an Induced Polarization (IP) geophysical survey on its 100%-owned Crown Property, located in the Golden Triangle of British Columbia, to identify potential drill targets and enhance geological understanding of the area [1][4][12]. Group 1: Survey Details - The IP geophysical program targets the Copernicus Zone and other geochemical anomalies along the Orion Spine, covering approximately 16,000 hectares [1][4]. - The survey is expected to be completed by the end of August 2025, followed by a Magnetotelluric (MT) study to map lithologies and structures at depth [4][6]. - The IP study will cover a 3.5-kilometer trend of anomalous gold-in-rock geochemistry along the Orion Spine, aiming to outline resistivity/conductivity and magnetic features indicative of larger mineralized targets [6][7]. Group 2: Geological Context - The Crown Property is strategically located adjacent to Seabridge Gold's KSM gold-copper project and Newmont's Brucejack gold mine, suggesting significant geological potential for mineralization [1][12]. - The exploration focuses on known mineralization zones at Copernicus and areas of anomalous gold geochemistry, with the goal of evaluating underlying geology for potential large intrusive-related targets [4][6]. - Field crews have conducted mapping, prospecting, and sampling, completing the first phase of rock channel sampling with 165 samples collected [7][12]. Group 3: Company Overview - Goldstorm Metals Corp. is a precious and base metals exploration company with a significant land position in the Golden Triangle, covering a total of 16,469 hectares across its flagship projects, Crown and Electrum [12]. - The Crown Project is situated directly south of major gold-copper deposits, indicating a favorable location for exploration activities [12].