Core Viewpoint - Canstar Resources Inc. has reported significant findings from its trenching program at the Mary March project, indicating the presence of high-grade base metal mineralization, particularly copper and zinc, which enhances the project's potential for hosting volcanogenic massive sulphide (VMS) deposits [1][4][5]. Trenching Program Results - The trenching program has exposed over 20 meters of footwall mineralization, revealing thin lenses of high-grade base metals [1][4]. - Preliminary analyses showed maximum yields of +30% zinc, 3% lead, and 4% copper from bedrock samples [4]. - Historical data indicates that the mineralization identified may extend 130 meters to the surface and 80 meters to the northeast from previous drill hole findings [1][4]. Geological Context - The Mary March project is located in the Buchans Mining District, known for its high-grade VMS deposits, with historical average ore grades of 14.51% zinc, 7.56% lead, and 1.33% copper [7][10]. - The project remains one of the least explored areas within this prolific mining camp, suggesting significant untapped potential [1][7]. Future Exploration Plans - Canstar plans to refine drill targets based on the results of the trenching program and ongoing geological mapping, with exploration drilling expected to commence in early 2026 [1][8]. - The company is integrating new and historical data into a 3-D model to enhance target generation for future drilling [8][10]. Acquisition of Mining Claims - Canstar has entered into option agreements to acquire a 100% interest in additional mineral licenses in Newfoundland, expanding its land position in the Mary March area [9][10]. - The new claims are strategically located adjacent to the Mary March project and are believed to be geologically similar to areas with significant historical mineralization [10][11]. Financial Terms of Acquisition - To maintain the option for the new mineral licenses, Canstar will make payments totaling $71,000 and issue 350,000 common shares over three years [12]. - Upon exercising the option, the Optionors will retain a 2.0% net smelter returns royalty, with the possibility for Canstar to repurchase half of this royalty [12].

Core Insights - Aventis Energy has engaged Geotech Ltd. to conduct a VTEM survey on two claim blocks within the Sting Copper Project in Newfoundland, Canada, which aims to identify potential sulphide mineralization [1][2] Survey Details - The VTEM system was deployed over a total of 311 planned line-km, marking the first airborne geophysical survey for these claim blocks [2] - The southern claim block has seen limited exploration since 1991, despite its geological features being favorable for volcanogenic massive sulphide (VMS) deposits [2] Exploration Potential - The CEO of Aventis Energy highlighted that the survey results will guide future exploration efforts, including prospecting, soil sampling, and potential drilling [3] - Historical soil sampling in 1991 identified notable zinc anomalies over a minimum strike length of 400 meters, indicating the area's mineralization potential [3] Historical Findings - The Sting Copper Project has several significant mineral showings, including Jumbo (9.0% Cu across 9.1m) and Red Lode (2.5% Cu across 1.8m), with recent drill results indicating further potential for discoveries [4][11] - Recent drilling in 2024 returned results of 54.8m at 0.32% Cu, with higher-grade intervals reaching up to 5.43% Cu [11]

Core Insights - Luca Mining Corp. has announced positive analytical results from its ongoing exploration drill program at the Campo Morado Polymetallic VMS mine in Guerrero State, Mexico, marking the first substantive exploration since 2014 [1][2][14] Exploration Program - The current exploration program includes a total of 5,000 meters of underground drilling and 2,500 meters of surface drilling, aimed at expanding and defining mineral resources at the Reforma and El Rey deposits [1][15] - The surface drillhole CM-RF-25-001 intersected 15.05 meters of 11.9 AuEq, confirming the size and grade of precious and base metals at the Reforma deposit [3][6] - Underground drillholes CMUG-25-014 to CMUG-25-016 have also returned significant mineralized intervals, with CMUG-25-015 showing 10.96 meters grading 7.57 g/t AuEq [4][6] Mineralization and Resource Potential - Campo Morado hosts several polymetallic massive sulphide deposits containing gold, silver, copper, zinc, and lead, within a land package of over 121 square kilometers [2][21] - The exploration efforts are expected to inform an updated mineral resource estimate and potentially add new mineable bodies to the near and medium-term mine plan [6][15] - Historical exploration has identified 38 priority targets, with Reforma and El Rey being of particular interest due to their gold-silver enriched content [12][13] Market Context - The exploration is taking place during a period of record gold prices, providing a favorable environment for targeting gold-rich deposits [5][13] - The company aims to leverage the increased metal prices to enhance the value of its asset base, particularly focusing on the gold-rich deposits that were previously overlooked [5][13] Company Overview - Luca Mining Corp. operates two wholly owned mines in Mexico, producing gold, copper, zinc, silver, and lead, with significant development and resource upside [20][21] - The Campo Morado mine is an underground operation that has considerable exploration potential, while the Tahuehueto mine focuses on epithermal gold and silver vein-style mineralization [20][22]