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High-grade copper and gold intersections extend known mineralisation at FireFly’s Green Bay by 650m
Globenewswire· 2025-10-15 22:11
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].
VIDEO - CEO Clips: ATEX Resources: Advancing a Major Copper-Gold Discovery in Chile
Newsfile· 2025-10-15 15:00
Core Insights - ATEX Resources is gaining attention for its large-scale, high-grade copper-gold Valeriano project in Chile, coinciding with historic highs in global copper demand [2]. Company Overview - ATEX Resources is currently conducting its sixth and largest drill program at the Valeriano project, which is expected to enhance the company's momentum in the market [2]. Industry Context - Chile's rich mining history and commitment to copper growth provide ATEX Resources with several advantages, positioning the company as a notable player in the copper-gold sector [2].
NorthWest Extends High-Grade Mineralization at Kwanika With 16.9 Metres of 1.37% Copper Equivalent in Second 2025 Drill Hole
Globenewswire· 2025-10-15 11:45
TORONTO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (“NorthWest” or the “Company”) (TSX-V: NWST) is pleased to announce assay results from the second hole of its 2025 diamond drilling program at Kwanika. The hole (K-25-272), totalling 456 metres of a planned 5,135 metre, 17-hole program, intersected multiple mineralized intervals, highlighted by 16.9 metres grading 1.37% copper equivalent1 (“CuEq”). This result extends the higher-grade mineralization down dip by 50 metres, confirming continuit ...
Metalero Mining (MLO) Announces Updated Terms for its $300,000 Private Placement to Advance Benson Project
Newsfile· 2025-10-10 20:30
Core Viewpoint - Metalero Mining Corp. has announced updated terms for a non-brokered private placement aimed at raising up to $300,000 to advance the Benson Project, located in the Quesnel Trough of British Columbia [1][4]. Group 1: Offering Details - The revised offering will consist of up to 1,428,572 flow-through units priced at $0.21 per unit, each unit comprising one flow-through common share and one common share purchase warrant [2]. - Each warrant allows the holder to purchase an additional non-flow-through common share at a price of $0.26 for two years from issuance [2]. - The proceeds will support exploration work at Benson, including further sampling and ground geophysics, and the offering is subject to necessary approvals [4]. Group 2: Benson Project Background - The Benson Project is strategically located in the Quesnel Trough, a significant mineral belt in Canada, known for hosting over 360 alkalic copper-gold porphyry occurrences and deposits [5][6]. - The project area is accessible via Highway 26 and a network of logging roads, facilitating capital-efficient exploration [7]. - Historical exploration has identified numerous gold and copper surface geochemical anomalies, with modest drilling programs intersecting skarn and epithermal gold and silver mineralization [9]. Group 3: Company Overview - Metalero Mining Corp. is a Canadian junior exploration company focused on copper and gold projects in North America, with the Benson Project being its flagship [10]. - The company is managed by professionals committed to technical excellence and strong corporate governance, aiming to identify and capitalize on investment opportunities [12].
Eagle Plains Completes Work at Newly Assembled Hearne Hill South Project in Highly Prospective Babine Copper-Gold Porphyry District
Accessnewswire· 2025-10-09 11:00
Core Insights - Eagle Plains Resources Ltd. has completed field work on the Hearne Hill South Copper-Gold Porphyry Project [1] Company Summary - The Hearne Hill South Copper-Gold Porphyry Project is located approximately 70 km NE of Smithers, British Columbia [1]
Green Bay Copper-Gold Project, Canada: Exceptional high-grade copper and gold results pave the way for a significant Mineral Resource Estimate update this quarter
Globenewswire· 2025-10-08 22:00
Core Insights - FireFly Metals Ltd is advancing an aggressive drilling strategy at the Green Bay Copper-Gold Project, utilizing eight diamond rigs to enhance resource growth and upgrade Inferred Resources to Measured and Indicated categories [2][3][4] - Recent infill drilling results have shown high-grade mineralization, with grades reaching nearly 20% CuEq, indicating strong continuity and potential for significant resource upgrades in the upcoming Mineral Resource Estimate [5][7][12] Drilling Campaign - A six-rig underground drill campaign is focused on both resource growth and upgrading Inferred Resources to more valuable Measured and Indicated categories [4][18] - The current Mineral Resource Estimate for Green Bay stands at 24.4 million tonnes at 1.9% for 460,000 tonnes CuEq in Measured and Indicated Resources, and 34.5 million tonnes at 2.0% for 690,000 tonnes CuEq in Inferred Resources [7][12] High-Grade Results - Recent infill drilling has returned exceptional results, including: - 4.4m at 19.5% CuEq (3.1% Cu & 19.2g/t Au) in hole MUG25-113 - 10.1m at 10.1% CuEq (6.6% Cu & 4.1g/t Au) in hole MUG25-110 - 8.0m at 8.6% CuEq (3.2% Cu & 5.8g/t Au) in hole MUG25-068 [5][6][39] Financial Position - FireFly has a strong balance sheet with approximately A$145 million in cash and liquid investments, following a successful equity raise, which will support ongoing exploration and feasibility studies [14][9] Regional Exploration - Regional exploration programs are actively underway, with drill rigs testing geophysical anomalies in the central Green Bay leases and a VTEM survey being conducted over the adjacent Tilt Cove Project [13][14]
Ero Copper to Release Third Quarter 2025 Operating and Financial Results on November 4, 2025
Globenewswire· 2025-10-07 21:05
Core Points - Ero Copper Corp. will release its third quarter 2025 operating and financial results on November 4, 2025, after market close [1] - A conference call to discuss the results is scheduled for November 5, 2025, at 11:30 am Eastern Time [2] - The company is a high-margin, high-growth copper and gold producer with operations primarily in Brazil [4] Company Overview - Ero Copper holds a 99.6% interest in Mineração Caraíba S.A., which operates the Caraíba Operations in Bahia State, Brazil, and the Tucumã Operation in Pará State, Brazil [4] - The company also owns 97.6% of NX Gold S.A., which operates the Xavantina Operations in Mato Grosso State, Brazil [4] - In July 2024, Ero Copper signed an earn-in agreement with Vale Base Metals to acquire a 60% interest in the Furnas Copper-Gold Project in Pará State, Brazil [4]
Canada One Acquires 4,836 ha Copper-Gold Property Adjacent to Copper Mountain Mine
Newsfile· 2025-10-07 13:17
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) ("Canada One" or the "Company") announces it has agreed to acquire a 4,836-hectare copper-gold property contiguous to the northwest of Hudbay Minerals' Copper Mountain Mine, to be known as "Copper Dome North" (the "Property").Under the property purchase agreement, dated October 6, 2025, (the "Agreement"), the Company will acquire a 100% interest in the Property, from an arm's ...
NorthWest Announces First Drill Results from 2025 Program and Highlights 44 Metres of 2.81 G/T Gold and 0.66% Copper
Globenewswire· 2025-10-06 11:45
Core Insights - NorthWest Copper has announced positive assay results from the first hole of its 2025 Kwanika diamond drilling program, indicating higher-grade mineralization over significant widths, aligning with the company's target model [1][2][4] Group 1: Drilling Program Highlights - The 2025 Kwanika drill program includes a planned total of 5,135 meters across 17 drill holes [2] - The first drill hole, K-25-269, intersected a combined true width of 32.1 meters within the Central Zone, confirming the quality of the mineralization [2][10] - Significant grades reported include 44.0 meters of 0.66% Cu and 2.81 g/t Au from 198.0 meters downhole, with additional notable intervals [5][11] Group 2: Economic Implications - The results from the drilling program are expected to enhance the Kwanika project economics compared to those presented in the 2023 Preliminary Economic Assessment (PEA) [2] - The company is optimistic about the potential for economic extraction using a more selective bulk underground mining method [2][4] Group 3: Geological Insights - The Kwanika Deposit is divided into three zones: Central, Western, and Pit Zones, each characterized by distinct geological features and mineralization patterns [5][6] - The Central Zone is noted for its two north-south trending zones, while the Western Zone is deeper and characterized by in-situ quartz stockwork [6][10] Group 4: Future Exploration Plans - The current drilling program aims to test nearby targets to explore for new discoveries, enhancing the understanding of higher-grade zones [8][13] - Historical drilling has posed challenges in accurately modeling the location and widths of mineralized structures, which the current program aims to address [8][10]
WESTERN COPPER AND GOLD ANNOUNCES SUBMISSION OF ESE STATEMENT
Prnewswire· 2025-10-06 11:30
Core Viewpoint - Western Copper and Gold Corporation has submitted its Environmental and Socio-economic Effects Statement for the Casino Project, marking a significant step in the permitting process and demonstrating the project's potential for responsible development and economic benefits for the Yukon region [1][2][4]. Project Overview - The Casino Project aims to assess potential environmental and socio-economic effects, with comprehensive management measures in place to mitigate any significant impacts [3][6]. - The project is expected to contribute over C$44 billion to Canada's GDP over its 27-year mine life, with C$37 billion specifically for the Yukon [8]. Economic Impact - The Casino Project is projected to create approximately 700 direct jobs and an additional 2,000 jobs in related sectors, generating over C$12 billion in wages and salaries [8]. - It is anticipated to generate C$175 million annually in tax revenue for the Government of Yukon and C$231 million for the Government of Canada [8]. Critical Minerals Production - Casino is positioned to become one of North America's largest producers of copper and molybdenum, significantly increasing domestic production by 15% for copper and 500% for molybdenum [9]. - The project will rank as Canada's second-largest copper producer and the largest molybdenum producer [9]. Next Steps in Assessment - Following a review period, the Yukon Environmental and Socio-economic Assessment Board (YESAB) will publish the ESE Statement and conduct a sufficiency check to ensure compliance with guidelines [7]. - A comprehensive assessment of the project will be conducted by a panel established by YESAB [7].