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Canada One Year-End Review 2025
TMX Newsfile· 2025-12-22 14:27
Core Insights - Canada One Mining Corp. has made significant progress in 2025 at its Copper Dome Project, including the granting of a five-year drilling permit and strategic property expansion to over 12,800 hectares, indicating strong discovery potential for copper mineralization [2][3][10] Project Highlights - The five-year exploration drilling permit allows for a structured multi-year exploration plan, reducing risks associated with future exploration timelines [3] - The project footprint has been expanded to 12,833 hectares through strategic staking and acquisition, consolidating land for exploration [4][10] - Fieldwork in the fall established 53 documented field stations and identified copper sulphide mineralization, reinforcing the potential for porphyry-style mineralization [4][10] Upcoming Catalysts - Rock sample assay results are expected in Q1 2026, with additional events such as the Vancouver Resource Investment Conference and AME Roundup 2026 scheduled for January 2026 [5] - Further exploration activities are planned to commence in Q2 2026 [5] Geological Context - The Copper Dome Project is situated in the lower Quesnel Trough porphyry belt, adjacent to Hudbay Minerals Inc.'s Copper Mountain Mine, which has proven and probable reserves of 702 million tonnes grading 0.24% Cu, 0.09 g/t Au, and 0.72 g/t Ag [5][10] - Historical drilling has confirmed high-grade copper associated with structures similar to those at Copper Mountain, enhancing the project's attractiveness [5][10] Technical Work Completed - The exploration program included 51 km of induced polarization (IP) and airborne magnetic and electromagnetic coverage over approximately 50% of the property [11] - A total of 2,253 soil samples and 378 rock samples were collected, along with over 8,900 meters of diamond drilling and more than 1 km of trenching [11]
Almadex Provides Paradise Drilling Update and Discusses Davis High Grade Gold and Silver Targets
Globenewswire· 2025-09-26 11:30
Core Viewpoint - Almadex Minerals Ltd. is actively exploring its Davis and Paradise Projects in Nevada, focusing on porphyry copper-gold and epithermal gold-silver mineralization, with recent drilling activities indicating promising results in mineralization and potential for further discoveries [1][2][3]. Exploration Activities - The company has consolidated the Davis-Paradise Valley area, now comprising 358 claims over approximately 2,800 hectares, located near Gabbs, Nevada [1]. - Almadex has a portfolio of exploration projects in the western USA, targeting advanced argillic alteration zones to identify potential porphyry systems [2]. - The company is conducting systematic vector drilling programs across its projects, with a focus on early-stage geological information and prioritizing its property portfolio [2]. Paradise Drilling Activities - Almadex has completed three drill holes at the Paradise project and plans to commence a fourth, targeting a 4.5 by 1.8 km alteration zone [3]. - Assays from the second hole revealed significant mineralization, including 0.37 g/t gold and multiple intervals of silver with high base metal content [3]. Davis Project High Grade Gold-Silver Targets - The Davis project has identified two styles of veining associated with high-grade gold and silver mineralization, with historic data highlighting areas for immediate follow-up [4]. - Recent drilling in 2022 yielded results such as 0.80 meters of 17.1 g/t gold and 10.3 g/t silver, indicating the potential for high-grade mineralization [4]. Additional Findings - The Peppercorn showing and Twin Shaft showing have returned notable chip and grab sample results, indicating the multi-target nature of the Davis project [5]. - The Paradise property features a well-preserved porphyry lithocap with extensive hydrothermal alteration, suggesting a favorable environment for mineralization [10]. Future Plans - The company is contemplating next steps for the Davis project and may seek a partner to advance exploration efforts [6].