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Globex’s Gold/Silver Exploration Property in Nevada
Globenewswire· 2025-09-26 13:00
Core Viewpoint - Globex Mining Enterprises Inc. has announced the staking of 16 unpatented lode claims covering 133.78 hectares in Clark County, Nevada, with significant assay results indicating high-grade silver and gold mineralization [1][15]. Group 1: Project Overview - The Red Star Project encompasses two epithermal quartz vein systems: the Red Star vein system, over 2 km long, and the 470 m long segment of the Double Standard vein system, located 2.5 km south of Red Star [2][3]. - Initial fieldwork has included geological mapping and the collection of 65 rock samples, primarily from the Red Star vein [4][15]. Group 2: Historical Context - Prospecting in the Crescent Mining district began around 1894, with significant activity occurring from 1905 to 1907, but no major discoveries were made until the revival of metal mining in 1936 due to rising precious metal prices [3]. - The Red Star vein system has historical mining activity dating back to 1907-1914, with previous operations by the Red Star Mines Company [3]. Group 3: Geological Characteristics - The Red Star vein system trends approximately 100° with an average dip of 55°N, extending over a lateral distance of 2000 m, likely continuing under sedimentary and volcanic rock cover [5]. - The Double Standard vein system averages 105° in strike and 70° in dip, with a traceable length of 470 m [6]. Group 4: Mineralization and Assay Results - Three multi-quartz-generation pulses of epithermal mineralization have been identified, with significant assay results from various samples, including up to 1,171 g/t silver and 11.5 g/t gold [1][7][8]. - Notable assay results from the Red Star vein include samples yielding gold equivalent values of 20.4 g/t and 11.42 g/t, among others [10][11]. Group 5: Analytical Methods - Samples were analyzed at American Assay Laboratories in Sparks, Nevada, using ISO 17025 certified methods, including ICP-OES and fire assay techniques for gold and silver [15].
Globex's Gold/Silver Exploration Property in Nevada
Globenewswire· 2025-09-26 13:00
Core Viewpoint - Globex Mining Enterprises Inc. has announced the staking of 16 unpatented lode claims covering 133.78 hectares in Clark County, Nevada, with significant assay results indicating high-grade silver and gold mineralization [1][2]. Group 1: Project Overview - The Red Star Project encompasses two epithermal quartz vein systems: the over 2 km long Red Star vein system and the 470m long segment of the Double Standard vein system, located 2.5 km south of the Red Star vein [2]. - Initial fieldwork has included geological mapping and the collection of 65 rock samples, primarily grab and linear chip samples, from the Red Star property [4][17]. Group 2: Historical Context - Prospecting in the Crescent Mining district began around 1894, with significant activity occurring from 1905 to 1907, but no major discoveries were made until the revival of metal mining in 1936 due to rising precious metal prices [3]. - The Red Star vein system has historical mining activity dating back to 1907-1914, with previous operations by the Red Star Mines Company [3]. Group 3: Geological Features - The Red Star vein system trends approximately 100° with an average dip of 55°N, extending over a lateral distance of 2000 m, likely continuing under sedimentary and volcanic rock cover [5]. - The Double Standard vein system averages 105° in strike and 70° in dip, with a traceable length of 470 m [6]. Group 4: Mineralization and Assay Results - The project exhibits epithermal mineralization of low- and intermediate sulfidation types, with significant assay results from various pulses indicating high gold and silver values [7][8][9]. - Notable assay results include up to 1,171 g/t silver and 11.5 g/t gold from grab samples, with various samples yielding gold equivalent values ranging from 0.245 g/t to 20.4 g/t [10][11]. Group 5: Analytical Methods - Samples were analyzed at American Assay Laboratories in Sparks, Nevada, using ISO 17025 certified methods, including ICP-OES and fire assay techniques for gold and silver [17].
Arizona Gold & Silver Announces Exploration Plan For Silverton Gold-Antimony Project, Nye County, Nevada
Thenewswire· 2025-09-24 14:30
Core Insights - Arizona Gold & Silver Inc. is advancing the Silverton gold-antimony project in Nye County, Nevada, due to favorable market conditions for antimony and government support for its development [1][2] Antimony Market Context - Antimony is currently priced at US$57.50 per pound and is classified as a critical mineral by the US government for defense purposes, prompting a reassessment of the Silverton property's antimony occurrences [2] Silverton Project Details - The Silverton property has a database of over 2000 rock samples, with more than 25 samples containing over 1% antimony and 217 samples exceeding 200 ppm [3][4] - Historical drilling by Newcrest Resources identified significant antimony values, including a notable intersection of 20 feet at over 1% Sb [6] Drilling Program - The company has received approval for a drilling program consisting of 27 reverse circulation drill holes, with 24 holes targeting quartz-antimony veins and 3 holes testing a nearby MT anomaly [10][11] - The drilling program is aimed at confirming the potential for a near-surface deposit of high-grade antimony [10] Future Plans - Arizona Gold & Silver Inc. plans to consider joint venture proposals to explore the antimony-gold and MT targets while focusing on advancing its Philadelphia gold project in Arizona [12]
T2 Metals Commences Exploration at Shanghai Gold-Silver Project in Yukon's Tombstone Gold Belt
Newsfile· 2025-09-24 12:00
Core Viewpoint - T2 Metals Corp has initiated exploration activities at the Shanghai gold-silver project located in Yukon's Tombstone Gold Belt, targeting high-priority gold and silver anomalies to leverage the geological potential of the area [1][2]. Group 1: Project Overview - The Shanghai project spans 27.4 square kilometers and is strategically located 12 km west of Hecla Mining's Keno Hill silver mine, amidst several other significant gold deposits [1][2]. - The Tombstone Gold Belt is recognized as one of North America's most active mining districts, with recent exploration efforts indicating potential for major gold discoveries [2][19]. Group 2: Exploration Activities - The initial field program will utilize a helicopter-supported team to collect rock chip and soil samples around previously identified geochemical anomalies [4]. - Historical workings targeting high-grade silver-base metal veins will also be sampled, with notable past results including 9.1 m at 1182.8 g/t Ag, 8.2% Pb, and 7.2% Zn [5][18]. Group 3: Target Areas - Exploration will focus on two main zones: Zone 1, which includes the Keno Hill Quartzite and historical silver mine workings, and Zone 2, which shows multi-element and gold soil anomalies suggesting intrusion-related gold mineralization [7][10]. - Historical trenching has revealed high-grade mineralization, with samples showing 1.1 oz/t Au and 790.5 oz/t Ag, indicating significant potential for Keno Hill-style polymetallic mineralization [9][8]. Group 4: Infrastructure and Logistics - The proximity of the Shanghai project to existing infrastructure and other mining operations facilitates efficient exploration logistics, with a Class 3 permit already in place for immediate drilling and camp establishment [6][4]. - The project is held under an option agreement with noted explorer Shawn Ryan, enhancing its credibility and potential for discovery [6][28].
Silver Bullet Mines to Start Phase Two Development at Washington Mine Including Mill Evaluation
Newsfile· 2025-09-24 12:00
Core Viewpoint - Silver Bullet Mines Corp. is initiating Phase Two of its development program at the Washington Mine following a successful summer exploration program, indicating strong potential for both near-term processing and long-term mining operations [1][2]. Phase One Summary - Phase One involved the completion of a 12 foot x 12 foot adit for access to multiple mineralized zones and the establishment of underground drill stations to define the geometry of these zones [2]. - Detailed surface exploration during Phase One identified multiple gold and silver targets, including the Berger and Lindgren Veins, and the site of the original discovery from the 1890s [3]. Phase Two Development - Phase Two will include opening the recently discovered Subrosa Adit and mining a bulk sample, which is believed to contain significant high-grade silver and gold [5]. - A key component of Phase Two is the processing of mined material, with the company evaluating a proposal from a local mill and considering the installation of a modular mill on-site [6]. Future Steps - After processing the bulk sample and receiving lab results, the company plans to open the Washington silver/gold zone and access the Berger Vein [7]. Other Developments - In Arizona, the company is awaiting results from a third-party multi-element analysis on concentrate from the Super Champ Mine, which will facilitate the sales process with a previously identified buyer [9]. - The company has granted 4,000,000 stock options to officers, directors, and consultants, which vest immediately and are exercisable at $0.30 [9].
Tolmer Soil Assays Indicate Extensions & New Targets
Accessnewswire· 2025-09-24 00:50
Core Insights - The Tolmer discovery hole reported the 5th highest-grade silver intersection globally during H1 2025, with an interval of 6m at 4,747 g/t Ag from a depth of only 46m [1] - Recent drilling confirmed extensions of high-grade silver (approximately 200 - 4,750 g/t Ag) in the 'western silver zone', alongside the emergence of high-grade gold (5 - 50 g/t Au) [1] - New soil assays indicate a potential northwest-southeast orientation of mineralization and confirm broad surface anomalism for gold (Au), silver (Ag), and lead (Pb) across Tolmer, suggesting material extensions of mineralization in the 'western silver zone' [1] Company Developments - Assays for 595.3m of oriented diamond drilling at Tolmer are pending, with results expected in early November to inform structural interpretation and follow-up targeting [1] - New assay results from ultrafine soil sampling programs at the Tolmer and Black Oak Tank prospects indicate potential for extensions of the high-grade 'western silver zone' and new targets between the 'western silver zone' and the 'eastern gold zone' [1] - At Black Oak Tank, soil assays suggest potential for interpreted structures to host continuous gold mineralization [1]
Arizona Gold & Silver reports best drill results to date at Philadelphia project - ICYMI
Proactiveinvestors NA· 2025-09-20 18:18
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Silver Bullet Mines Returns 23.6 oz/ton Gold From Concentrate at KT Mine in Arizona
Newsfile· 2025-09-18 19:07
Core Viewpoint - Silver Bullet Mines Corp. (SBMI) has reported highly successful results from a bulk sample taken from the KT Mine in Arizona, indicating significant gold and silver values that align with historical data from the previous owner [1][4]. Group 1: Acquisition and Sampling - SBMI acquired the KT Mine on July 23, 2025, and processed approximately 50 tons from a 400-ton waste material sample, yielding an average of 0.3 oz/ton gold, with peaks of 1.8 oz/ton [2]. - Additional random samples from the concentrate were sent to Activation Laboratories Ltd. for analysis, revealing gold values as high as 23.6 oz/ton and silver values reaching 28 oz/ton [3]. Group 2: Processing and Operations - The company is currently shipping more material from the KT Mine to the mill for processing to produce a concentrate for sale [4]. - SBMI has improved site access and secured the area, with ongoing efforts to define the vein structure, which has been traced for over 1000 feet [5][6]. Group 3: Future Prospects - The KT property and the Super Champ Mine are believed to have significant potential for high-grade gold and silver production, prompting SBMI to work on increasing mill capacity and adding circuits for mineral recovery [9]. - The company is awaiting results from a third-party multi-element analysis on concentrate from the Super Champ Mine to advance the sales process [10].
Orestone Expands Francisca Gold - Silver Project to Nine Square Kilometres in Salta Argentina
Newsfile· 2025-09-17 11:56
Core Viewpoint - Orestone Mining Corp. has expanded its Francisca Gold-Silver Project in Salta, Argentina, by adding approximately two square kilometers of land, enhancing its exploration potential for gold deposits [1][2]. Company Developments - The company can acquire up to an 85% interest in the Francisca property through cash payments and exploration expenditures totaling US$4,200,000 over seven years [1]. - An amending agreement has been made with Argentinian vendors to include the additional land in the Option Agreement for a payment of US$10,300 [1]. Exploration Plans - Orestone plans to conduct detailed mapping and trench re-sampling followed by drilling to test the gold system, aiming to define an oxide gold deposit suitable for open-pit mining [2]. - A two-phase exploration program is designed, with Phase 1 involving detailed mapping and sampling of approximately 580 rock chip samples, and Phase 2 consisting of a 1200-meter reverse circulation drill program with 8 drill holes [10]. Geological Insights - Geologic mapping has identified an oxide gold stock-work mineralized trend with a northwest strike length of 1100 meters, indicating potential for a larger intrusive body at depth [3]. - The newly acquired lands cover the potential extension of the mineralizing system, with historic shallow mine workings indicating mineralization measuring approximately 400 meters by 200 meters [6]. Previous Sampling Results - The South Zone, the most prominent target, has shown high-grade gold values ranging from 0.03 to 33 g/t, with an average of 5.78 g/t gold and 29.2 g/t silver [7][8]. - Sampling was conducted under strict quality control measures, with samples analyzed for gold and multi-element analysis [9].
Eskay Expands High-Grade Vein-Hosted Gold-Silver Mineralization at its 100% Controlled and Consolidated Eskay Project in the Golden Triangle
Accessnewswire· 2025-09-17 11:30
Core Insights - Eskay Mining Corp. has announced initial assay results from its prospecting and sampling program at the Consolidated Eskay Project in British Columbia [1] - The geological team has significantly expanded the area where high-grade gold veins were discovered in 2024 [1] Company Summary - Eskay Mining Corp. is a publicly traded company listed on TSXV, OTC PINK, and Frankfurt exchanges [1] - The company holds 100% control over the Consolidated Eskay Project located in the Golden Triangle region of British Columbia [1]