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Maxus Mining Announces Positive Results from 2025 Exploration Program at Penny Copper Project in British Columbia
Globenewswire· 2025-12-09 13:00
Core Insights - Maxus Mining Inc. has announced positive results from its 2025 Exploration Program at the Penny Copper Project, located in British Columbia, near the Sullivan Mine [1] Exploration Program Summary - The 2025 Exploration Program included a MobileMT Survey that confirmed prospective trend continuity and identified copper anomalism across the Project [5] - A total of 519 line-kilometres were flown in the Survey over a 46 square-km area, revealing laterally continuous conductive horizons and localized steep conductors suggesting potential for Cu-Ag mineralization [5] - The field team collected 37 rock samples and 264 soil samples, with significant findings including a rock sample that assayed 0.34% Cu [5][8] MobileMT Survey Highlights - The MobileMT Survey was designed to map bedrock structure and lithology, revealing high magnetic susceptibility values correlated with resistive domains, particularly in magnetite-bearing arenite beds [5] - The survey identified areas where magnetite-bearing arenite and potassic alteration align with known copper showings [5] Field Program Highlights - Soil sampling grids were completed at 50 metre line spacing, revealing broad trending anomalous zones oriented NW and NE [5] - The east grid displayed significant copper anomalies, while the smaller west grid followed up on historic elevated copper signatures [5] Marketing Extension - The Company has increased its advertising budget with RMK Marketing Inc. to $500,000 CAD, enhancing its marketing efforts for the next six months [9][10] Company Overview - Maxus Mining Inc. is focused on mineral exploration in premier jurisdictions, with a portfolio of approximately 15,098 hectares across British Columbia [11] - The portfolio includes multiple projects, such as the Alturas Antimony Project, which has reported high-grade antimony, and the Lotto Tungsten Project, with significant tungsten assays [12][14]
Viscount Strengthens Gold-Copper Porphyry Model at Passiflora as Multiple Exploration Datasets Align
Newsfile· 2025-12-09 12:45
Core Insights - Viscount Mining Corp. has reported significant advancements in its exploration program at the Passiflora copper-gold porphyry, indicating a large, district-scale porphyry system beneath the Passiflora corridor [2][3][4] Exploration Results - The integration of new MMI soil geochemistry with various datasets, including airborne imagery and Quantec MT geophysics, has strengthened the interpretation of the porphyry system [2][4][7] - A well-defined copper-in-soil trend has been outlined, remaining open to the west and north, which aligns with high conductivity features indicative of a deep intrusive center [4][5] - Elevated gold-in-soil values have been found overlapping with the copper trend, suggesting the presence of mineralized porphyry centers [5][19] Upcoming Drilling Plans - A drill plan has been established targeting both shallow USGS-mapped breccia pipes and deeper porphyry centers, with drilling expected to commence in early 2026 [8][20] - The next deep drill hole will test the strongest portion of the Quantec MT anomaly, which extends approximately 1500 meters deep [9][13] Historical Context - Historical mine records from 1908-1968 indicate a polymetallic enrichment in the region, with past shipments showing grades of approximately 10-15% lead and 5-15 oz/ton silver [14] - Recent drilling by Viscount has intersected 843.9 meters of continuous copper-gold mineralization, suggesting proximity to a larger intrusive system [28]
REPEAT – QGold to Host Live Webinar to Discuss Corporate Update
Globenewswire· 2025-12-09 12:30
Core Points - Q-Gold Resources Ltd. will host a corporate update presentation via live webinar on December 10, 2025, at 10:30 a.m. EST [1][2] - The webinar will feature CEO Peter Tagliamonte discussing business developments [2] - The company granted 500,000 stock options to a director and officer, with an exercise price of $0.28 per option for five years, subject to TSX Venture Exchange approval [3] Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on gold and silver projects in North America [4] - The company is advancing its flagship Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario [5] - Q-Gold emphasizes resource expansion through systematic exploration and responsible environmental stewardship [5]
Diamond Drill Program Has Commenced in the Timmins Area
Thenewswire· 2025-12-09 12:30
Core Insights - Noble Mineral Exploration Inc. has commenced drilling on a 500-meter hole in Carnegie Township, Ontario, as part of a partnership with 11530313 Canada Inc. This program aims to follow up on previous drilling conducted in 2019, which indicated potential missed conductors [1][3] - An additional 1000 meters of drilling (two holes) is scheduled for early 2026 in Southwest Carnegie Township, contingent on weather conditions [2] - The company retains a 5-year Exploration Right for volcanogenic massive sulphide mineralization and precious metals on lands recently transferred to Canada Nickel [2] Company Overview - Noble Mineral Exploration Inc. is a junior exploration company based in Canada, holding securities in several companies and mineral/exploration rights across approximately 70,000 hectares in Northern Ontario and 24,567 hectares in Quebec and Labrador [4] - The company has significant holdings in the Timmins-Cochrane areas, including Project 81, which features diverse drill-ready targets for gold, nickel-cobalt, and base metals [5] - Noble also holds various properties in Quebec and Labrador, including those focused on rare earth elements and uranium [5]
Kenorland Minerals Provides an Exploration Update
Newsfile· 2025-12-09 12:30
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to provide an update on its exploration activities across its portfolio of projects in Quebec, Ontario, Manitoba, Saskatchewan, New Brunswick, and Alaska, including partnerships with Sumitomo Metal Mining Canada Ltd. ("Sumitomo") and Centerra Gold Inc. ("Centerra").As of October 31, 2025, the Company's working capital position was approx ...
Eloro Resources Intersects Highest Silver Interval to Date at its Iska Iska project, Southern Bolivia with 72 metres grading 294.81 g/t Silver within a broader interval of 180 metres grading 164.74 g/t Silver in Hole DSB-93
Globenewswire· 2025-12-09 12:00
Core Insights - Eloro Resources Ltd. has announced significant assay results from the second phase of its diamond drilling program at the Iska Iska Project in Bolivia, confirming the presence of higher-grade silver-tin-polymetallic mineralization [2][4][5] - The drilling program has completed a total of 8,286.40 meters across sixteen drill holes, successfully expanding the higher-grade footprint of both the tin and silver-polymetallic domains [4][5][29] - The results from drill holes DSB-90 and DSB-93 indicate substantial mineralization, with DSB-93 intersecting the highest silver interval to date at Iska Iska [4][5][6] Drilling Program Overview - The second phase definition diamond drilling program has concluded with 16 drill holes totaling 8,286.40 meters, confirming continuity and expanding higher-grade mineralization in the porphyry-epithermal system [4][5][29] - DSB-93 intersected 72.00 meters grading 294.81 g/t silver and 0.44% lead, marking the highest silver interval obtained thus far [4][5][6] - DSB-90 revealed a higher-grade tin section of 51.00 meters grading 0.24% tin and a silver section of 13.50 meters grading 106.32 g/t silver [4][5][6] Mineralization Insights - The results indicate a larger endowment of higher-grade silver-tin-polymetallic mineralization both laterally and at depth, which is expected to upgrade and expand the mineral resource estimate (MRE) for the planned Preliminary Economic Assessment (PEA) [5][6][29] - The presence of significant mineralization in areas previously considered waste highlights the potential for resource expansion [5][6][29] Geological Context - The Iska Iska project is characterized as a major silver-tin polymetallic porphyry-epithermal complex, associated with a Miocene collapsed/resurgent caldera [21][22] - The mineralization age is similar to other significant deposits in the region, indicating a favorable geological setting for further exploration [22][24] Future Implications - The results from the drilling program are expected to enhance the understanding of the mineral resource and contribute to the overall project development strategy [5][6][29] - Eloro Resources continues to position Iska Iska as a premier resource supporting the global supply chain for critical minerals [5][6]
DLP Resources Inc. Announces Implementation of a Technical Committee and Appointment of Joe Phillips as Technical Advisor
Newsfile· 2025-12-09 11:00
DLP Resources Inc. Announces Implementation of a Technical Committee and Appointment of Joe Phillips as Technical AdvisorDecember 09, 2025 6:00 AM EST | Source: DLP Resources Inc.Cranbrook, British Columbia--(Newsfile Corp. - December 9, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (FSE: J8C) ("DLP" or the "Company") is pleased to announce the implementation of a Technical Committee (the "TC") to provide specialized oversight and guidance on the Company's technical operations and proj ...
Star Copper Concludes Drill Season with Strong Balance Sheet and Momentum into 2026
Accessnewswire· 2025-12-09 08:01
Core Insights - Star Copper Corp. has successfully raised over $17 million for its operations [1] - The company drilled a total of 4,900 meters in two phases, testing two new targets, with 11 holes still pending assay results [1] - The first three holes from the drilling program have been released, showcasing initial results [1] - The company's permit has been extended to 2028, allowing for continued exploration activities [1] - Remediation of the work camp and airstrip has been completed, enhancing operational readiness [1] - Achievements in 2025 were supported by extensive records indicating $10 million in historic drilling [1]
Silicon Metals Corp. Completes Acquisition of Crystal Hills Project
Newsfile· 2025-12-09 00:00
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - SILICON METALS CORP. (CSE: SI) (FSE: X6U) ("Silicon" or the "Company") is pleased to announce that, further to the Company's news releases dated November 26, 2025, it has closed its previously announced acquisition of the Crystal Hills Project in Clarkson Township, Ontario.Pursuant to a share purchase agreement (the "Agreement") dated November 25, 2025, the Company acquired all the issued and outstanding shares of 1504947 B.C. Ltd. (the "Ta ...
iMetal Resources Announces Flow-Through Financing
Newsfile· 2025-12-08 19:16
Core Viewpoint - iMetal Resources Inc. is conducting a non-brokered private placement offering up to 4,000,000 flow-through units at a price of $0.13 per unit, aiming to raise gross proceeds of up to $520,000 for exploration activities on its Gowganda West Property in Ontario [1][2]. Group 1: Offering Details - The offering consists of flow-through units, each comprising one common share and one-half of a share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.20 for 24 months [1]. - The company may pay finders' fees to parties that assist in introducing subscribers to the offering, and all securities will be subject to a four-month-and-one-day resale restriction [3]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for exploration of the Gowganda West Property, which is located in the Shining Tree Camp of the Abitibi Greenstone Gold Belt in Ontario [2]. Group 3: Company Overview - iMetal Resources Inc. is a junior exploration company based in Canada, focusing on resource properties in Ontario and Quebec, with its flagship project being the Gowganda West gold project [5]. - The Gowganda West project has a recent discovery hole of 48.5 meters at 0.85 grams per tonne gold, situated near the Juby Deposit [5].