VANCOUVER, British Columbia, April 23, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) ("Yukon Metals" or the "Company") is pleased to announce the details of its upcoming exploration program on its 7,000-hectare Birch Property ("Birch"), located 65km northeast of Burwash Landing, Yukon, and 200km northwest of Whitehorse. The plans include a focused drilling campaign along with a comprehensive regional exploration program designed to advance copper-gold targets. Highlights of ...

Core Insights - American Eagle Gold Corp. has initiated its 2025 exploration campaign with a helicopter-borne magnetic survey over its 100%-owned NAK copper-gold porphyry project in British Columbia [1][4] Exploration Campaign Details - The magnetic survey will cover 480 line-kilometres with 50-metre spacing, utilizing four sensors for improved resolution compared to the previous single sensor method [2] - The survey aims to enhance the understanding of the geological features and subsurface structures at NAK, helping to identify optimal drill targets [2][4] Drilling Plans - A fully funded 30,000-metre drilling campaign at NAK is set to begin in May 2025, which will exceed the total metres drilled by the company over the past three years combined [3] - This drilling campaign is expected to be one of the most extensive single-season efforts in British Columbia's Babine region, reflecting the project's growing scale and momentum [3] Project Background - The NAK Project is located in the Babine copper-gold porphyry district and has a significant near-surface copper-gold system measuring over 1.5 km x 1.5 km [5] - Historical drilling has revealed high-grade copper-gold mineralization, indicating the presence of both near-surface and deeper mineralization zones [5] Financial Position - The company is backed by over $37 million in cash, supported by strategic investments from Teck Resources and South32, ensuring it remains fully funded for at least another two years [6][4]

Group 1 - The article highlights a recent recovery in market risk appetite due to easing tariff tensions between China and the U.S., with both sides expressing willingness to engage in dialogue under certain conditions [1][4] - Gold and copper prices have shown strength, with COMEX gold rising by 2.65% and copper by 3.35% last week, indicating a positive market sentiment [3][4] - The article notes that while gold prices reached a historical high, there was a slight pullback due to profit-taking, suggesting a potential short-term weakening of upward momentum [5][21] Group 2 - The copper market has stabilized after previous volatility, with prices reflecting an optimistic outlook despite the lack of concrete actions regarding tariffs [4][6] - Domestic refined copper inventory has significantly decreased, with strong downstream demand reflected in increased orders and deliveries, indicating resilience in domestic consumption [6][50] - The article discusses the copper concentrate market, noting a decline in the TC index and ongoing supply pressures, which may affect pricing dynamics in the near term [8][11] Group 3 - In the precious metals market, gold and silver prices have shown significant increases, with COMEX gold reaching $3323.1 per ounce, a 5.0% rise from the previous week [22] - The article mentions that the gold-silver ratio continues to rise, indicating a stronger performance of gold relative to silver [23] - The article also highlights a decrease in COMEX gold inventory by approximately 1.37 million ounces, while silver inventory increased by about 1.63 million ounces, reflecting changing market dynamics [35][40]

Core Insights - Intrepid Metals Corp has identified several new porphyry copper-gold targets at the Corral Copper Property in Cochise County, Arizona, which is geologically similar to the Bisbee Camp known for high-grade copper-gold deposits [1][2][17] - The Corral Copper Project has not undergone a systematic porphyry exploration campaign before, making this initiative significant for potential mineral discoveries [2][4] Company Developments - The 2024 drill program at Corral confirmed the presence of porphyry copper potential, with significant geological features observed in the drill core [2][4] - The Corral Copper Project includes three main prospects: Ringo, Earp, and Holliday, which are characterized by carbonate replacement deposits and potential porphyry mineralization [2][4] - The company has conducted systematic exploration targeting using various modern techniques, including geological mapping and airborne geophysics, to identify porphyry zones [5][7][8] Mineralization and Exploration Potential - The Ringo Zone is highlighted for its near-surface supergene enrichment and various mineralization styles, indicating a promising environment for copper-gold-silver deposits [4][12] - Initial drill results from the Ringo Zone showed high-grade intercepts, including 112.95 meters of 1.50% Copper, 0.53 grams per ton Gold, and 8.22 grams per ton Silver [14][22] - The Corral Copper Property is positioned in a historically rich mining area, with the potential for significant mineralization based on past production in the Bisbee mining camp [17][18] Acquisition and Financial Updates - The company has entered into a Purchase and Sale Agreement for the Emmet Claim, adding 19.13 acres to the Corral Copper Project, with a payment of $10,000 and issuance of 75,000 common shares [15][23] - Intrepid has granted 1,850,000 stock options to its directors, officers, and consultants, with an exercise price of $0.39, expiring on April 14, 2030 [16]

Nexa Resources Announces 2024 Year-End Mineral Reserves and Mineral ResourcesMarch 27, 2025 5:32 PM EDT | Source: Nexa ResourcesLuxembourg, Luxembourg--(Newsfile Corp. - March 27, 2025) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa Resources" or "Nexa" or the "Company") announces its 2024 Year-End Mineral Reserves and Mineral Resources ("MRMR") update for its operations and projects in Peru and Brazil.Commenting on the MRMR update, Ignacio Rosado, CEO of Nexa Resources, stated: "Our 2024 mineral e ...