Porphyry system
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Sky Gold Engages Drill Company for Upcoming Program on Its Evening Star Property, Walker Lane Trend, Nevada
Accessnewswire· 2026-03-13 12:30
Core Insights - Sky Gold Corp. has engaged Titan Drilling for an upcoming drill program at its Evening Star Property in Nevada, focusing on the High Life copper-gold porphyry target [1] - The drilling will test a one-kilometer diameter magnetic body with associated gravity and IP anomalies, with historic drilling results showing significant mineralization [1] Drilling Program - The diamond core drilling program is expected to commence in early April, with permitting currently in progress [1] - The geological team is actively mapping and sampling the property to prepare drill sites [1] High Life Target - Recent geophysical surveys indicate a concentric geophysical footprint consistent with a gold-copper porphyry system at the High Life target, revealing a large magnetic anomaly approximately one kilometer in diameter [1] - Three-dimensional processing of the data shows a robust magnetic body interpreted as the potassic core of a porphyry system [1] Historic Drilling Insights - Historic hole 70-1, drilled in 1970, returned significant mineralization results of 0.22% Cu, 3.24% Pb, 1.41% Zn, and 76 g/t Ag over 166 meters, with higher-grade sections also identified [1] - The area around Gold Bug and Evening Star shows discrete magnetic anomalies that may indicate skarn mineralization, warranting further drill testing [1] Company Overview - Sky Gold Corp. is focused on advancing precious and base metal projects in North America, with the Evening Star Property being a flagship project located in the Walker Lane Gold Trend [1]
Great Pacific Gold Commences Drilling at Kasie Ridge, Wild Dog Project
TMX Newsfile· 2026-02-24 12:30
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: GPGCF) (FSE: 0B3) ("Great Pacific Gold," "GPAC," or the "Company") announces that a second diamond drill rig has arrived on site at its flagship Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, East New Britain Province, Papua New Guinea ("PNG"), and has commenced drilling on the Kasie Ridge epithermal gold-copper target.Kasie Ridge represents the largest pr ...
Andina Copper Intersects 352 m @ 0.68% Cu, 112 ppm Mo from 144 m, incl. 118 m @ 1.17% Cu, 193 ppm Mo from 246 m
Thenewswire· 2026-02-05 14:15
Core Insights - Andina Copper Corporation has reported significant assay results from its first diamond drill hole CDH003 at the Cobrasco copper-molybdenum project in Colombia, indicating a globally significant Cu-Mo porphyry system with potential for large tonnages of high-grade mineralization [2][3]. Exploration Progress - The company has completed three diamond drill holes totaling 2609 meters since starting field exploration in October 2025, with a fourth hole currently in progress [1][3]. - CDH003 intersected significant copper mineralization from surface to a final depth of 774.8 meters, with high-grade intersections including 352 meters at 0.68% Cu and 112 ppm Mo from 144 meters [2][4]. - Ongoing drilling is expected to expand the mineralization footprint both northward and southward along a well-defined structural corridor [2][3]. Upcoming Developments - Results from drill holes CDH004 and CDH005 are anticipated shortly, with CDH004 drilled to a depth of 900 meters and CDH005 to 934 meters [3][4]. - Surface reconnaissance has confirmed outcrops of early-stage A-type stockwork veining and limonites over 1 kilometer from the current drilling area, indicating further exploration potential [3][4]. Geological Insights - The geology of CDH003 reveals multiple hydrothermal events associated with the emplacement of intermediate to felsic porphyry intrusions, which are conducive to high-grade copper mineralization [9][16]. - Chalcopyrite and bornite have been identified in various forms, suggesting a complex mineralization process within the Cobrasco system [17][16]. Corporate Outlook - The company is in a catalyst-rich period with strong exploration-driven news flow expected across its projects, enhancing shareholder value [3][24]. - Andina Copper is focused on expanding its presence in the Andean porphyry belt, which is known for significant copper production [24].
Regency Silver Corp. Options the La India Mineral Concession, Sonora, Mexico Expands Position in Dios Padre District
TMX Newsfile· 2026-01-20 13:30
Core Viewpoint - Regency Silver Corp. has entered into an agreement to option a 100% undivided interest in the La India mineral concession, expanding its land package in the Dios Padre area of Mexico, which is strategically significant for the company [1][4]. Group 1: Agreement Details - The La India concession spans approximately 4,823 hectares in Yecora, Sonora, Mexico, and is located 10 km north of the Dios Padre property [2]. - The company must make an initial payment of US$60,000 and additional payments totaling US$580,000 over five years, along with estimated taxes of US$145,000 to exercise the option [5]. - A one-time cash payment of US$1,000,000 will be made to the vendors upon the publication of a NI 43-101 resource, which must estimate at least one million ounces of gold or its silver equivalent in the measured or indicated categories [6]. Group 2: Geological Significance - The La India claim features geology similar to that of the Dios Padre property, with early cretaceous andesitic volcanic rocks near late cretaceous plutonic rocks, indicating potential for Au-Ag mineralization [3]. - The property shows signs of hydrothermal alteration, which are typically associated with mineralized systems like the nearby La India and Mulatos gold mines [3]. Group 3: Company Strategy and Leadership - The CEO of Regency Silver, Bruce Bragagnolo, emphasized that this transaction is a strategic move to confirm the company's commitment to the Dios Padre area and to support the hypothesis of operating within a large porphyry system [4]. - Regency Silver is a Canadian resource company focused on exploring for gold, copper, and silver in Mexico, led by a team with extensive experience in exploration and production [8].