VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (FSE:DXZB) (“Canterra” or the “Company”) is pleased to announce drill results from the 2025 program at its Buchans Project in the Central Newfoundland Mining District, extending mineralization at the Lundberg Deposit and validating new, deep-seeking 3DIP targets across the district. The 2025 results confirm depth continuity of the Lundberg system and support potential resource expansion wit ...

Core Viewpoint - Inspiration Energy Corp. has received a drill permit for its Rottenstone North gold/copper project in Northern Saskatchewan and is preparing to commence drilling, positioning itself in a promising new exploration district for volcanogenic massive sulphide (VMS) and gold [1][2]. Group 1: Project Details - The Rottenstone North project covers 4,512 hectares, and the acquisition of the Rottenstone West project adds an additional 31,011 hectares, bringing the total land coverage to over 35,500 hectares (86,487 acres) [4]. - The projects are strategically located near Ramp Metals Inc.'s discoveries, enhancing their potential for significant mineralization [5]. - Historical work on the Rottenstone West project has identified multiple massive sulphide occurrences dating back to the 1950s, which remain untested by modern exploration methods [8]. Group 2: Ownership and Market Position - Inspiration holds 100% ownership of over 85,000 acres in the Rottenstone Gold/Copper camp, making it one of the largest landholders in the area [2]. - The company has a tight capital structure with just over 40 million shares outstanding, providing strong upside leverage to exploration success [6]. Group 3: Exploration Readiness and Technology - The company has utilized advanced satellite data, including an Advanced Atomic Mineral Resonance Tomography (AMRT) survey, to identify high-priority gold and copper targets along the eastern boundary of Rottenstone North [9]. - The planned drilling program is set to begin in early 2026, targeting several identified mineralization prospects [9]. Group 4: Management Outlook - Management expresses optimism regarding the upcoming drilling results, highlighting the potential for significant positive outcomes given the current high commodity prices [2].

Core Insights - Golden Spike Resources Corp. announced positive results from soil sampling surveys at its Gregory River Copper-Gold Property in Newfoundland, particularly highlighting the Lower Mitchell, Steep Brook North, and Vein Zone East target areas [1][4]. Lower Mitchell Soil Sampling Highlights - A 600 m strike length of coincident gold-zinc-copper and arsenic soil anomalies was identified, indicating significant exploration potential [4][7]. - Soil sampling covered an area of approximately 550 m by 560 m, with 225 samples collected along twelve lines spaced 50 m apart [5][6]. - Individual soil grades reached up to 885 ppb gold, 1,520 ppm zinc, 1,797 ppm copper, and >10,000 ppm arsenic, with the majority of the target remaining unexplored [7][10]. Steep Brook North Soil Sampling Highlights - A grid of soil samples was collected over an area of approximately 2.6 km by 2.0 km, with 623 samples taken [20]. - Anomalies for copper and gold were identified along a northeast trend, potentially representing the continuation of the Steep Brook Zone [22]. - Significant previous drill results in the area included 1.29% copper and 0.19 g/t gold over 1.5 m, indicating the potential for further exploration [22]. Vein Zone East Soil Results - Soil sampling at the Vein Zone East target yielded low analytical results, with no significant anomaly trends identified [29][30]. - A small amount of regional prospecting was conducted, resulting in weakly anomalous values of copper and gold in two samples collected north of the Camp Brook prospect [30][31]. Next Steps - The technical team will integrate soil results with data from previous drilling and geophysical surveys to plan further exploration, including diamond drilling at Lower Mitchell [36]. - The Lower Mitchell target is noted for its accessibility, which will facilitate exploration efforts [36].

Core Insights - Cascade Copper Corp. has announced positive assay results from its Centrefire Copper and Gold Project, indicating strong mineralization of copper, gold, and silver across a significant strike length [1][4][10] - Ongoing magnetic inversion modeling is revealing excellent priority target areas for further exploration, including mapping, sampling, and potential drilling [1][17] Exploration Results - The second batch of samples confirmed mineralization along a 10-kilometer strike, with notable results including 1.80% Cu and 0.776 g/t Au from specific samples [4][9][10] - The mineralization is associated with Banded Iron Formation (BIF) and Volcanogenic Massive Sulphide (VMS) styles, suggesting a high potential for further discoveries [10][18] Magnetic Inversion Modeling - The modeling has identified disrupted magnetic trends at both near-surface and depth levels, indicating potential mineralized zones similar to the Main Gossan Zone [4][15] - The integration of historical and new magnetic data has outlined several large zones of interest, extending up to 10 kilometers along strike from the Main Gossan Zone [17][18] Next Steps - The company plans to delineate drill targets based on the recent results and has submitted a drill permit, with approval expected in Q1 2026 [18] - An extension of the VTEM survey is planned to enhance geological interpretation in areas with limited outcrop exposure [18]

Core Insights - Sun Peak Metals Corp. has reported initial results from its geological mapping and sampling program at the Halahila copper-gold-silver VMS project in Saudi Arabia, indicating a mineralized zone exceeding 650 meters in strike length and widths of up to 30 meters, with promising gold and silver values [1] Group 1: Project Highlights - The Halahila project is 100% owned by Sun Peak Metals Corp. [1] - Systematic geological mapping and rock chip sampling have outlined a mineralized zone with a strike length of over 650 meters [1] - The mineralized zone has widths reaching up to 30 meters, showcasing encouraging values for gold and silver [1]

Core Insights - The article highlights exceptional drill results from FireFly Metals Ltd's Green Bay Copper-Gold Project, extending known mineralization by over 650 meters beyond the previous Mineral Resource Estimate [4][6][10]. Drilling Results - The furthest drill hole, MUG25-202, intersected 49.0 meters at 6.1% copper equivalent (CuEq), including a significant internal zone of 14.3 meters at 13.7% CuEq [3][5][22]. - Other notable intersections include 7.0 meters at 3.9% CuEq and 14.1 meters at 3.7% CuEq, confirming the presence of high-grade copper and gold mineralization [9][28]. Mineral Resource Estimate - The current Mineral Resource Estimate for Green Bay totals 24.4 million tonnes (Mt) at 1.9% for 460,000 tonnes (Kt) CuEq of Measured & Indicated Resources and 34.5 Mt at 2.0% for 690 Kt CuEq of Inferred Resources [6][61]. - The upcoming update is expected to reflect an increase in the Measured and Indicated category due to successful drilling results [29]. Financial Position - FireFly Metals has a strong balance sheet with approximately A$145 million in cash and liquid investments, following a successful equity raise [15][36]. - These funds will be utilized to accelerate exploration activities and complete feasibility studies for the Green Bay Project [15][36]. Exploration Activities - Eight diamond rigs are currently operational, focusing on upgrading the Mineral Resource and exploring new regional discoveries [3][11]. - Regional exploration is ongoing, with two drill rigs testing high-priority targets across the company's claims [34][35]. Future Plans - The company plans to continue drilling to further extend mineralization and upgrade Inferred Resources to Measured and Indicated categories [27][30]. - Economic evaluations for the rescaled resumption of production at Green Bay are underway, with preliminary studies expected to be completed in Q1 2026 [30][33].