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Kirkland Lake Discoveries Begins Fully Funded 25,000-m Drill Program; Appoints VP Exploration & Technical Advisor
Newsfile· 2025-11-25 12:00
Toronto, Ontario--(Newsfile Corp. - November 25, 2025) - Kirkland Lake Discoveries (TSXV: KLDC) (OTCID: KLKLF) ("KLDC" or the "Company") is pleased to announce the commencement of its fully funded 25,000-metre diamond drilling program designed to unlock a system of gold and polymetallic targets across the Company's extensive land package in the Kirkland Lake region of Ontario.HighlightsFully funded 25,000-metre drill program begins, with first rig turning at the high-priority Winnie Lake Stock (WLS) contac ...
Northern Lights Resources Announces Corporate Update
Thenewswire· 2025-11-25 12:00
Core Points - Northern Lights Resources Corp. has decided not to proceed with the sale of its interest in the Secret Pass Gold Project, which was initially announced on June 19, 2025 [1] - The CEO, Luka Capin, highlighted that the company has experienced a significant increase in both gold prices and its share price since discussions began for the sale, leading to the decision to retain 100% ownership of the Secret Pass Gold Project [2] - The company plans to develop an updated exploration plan for the high-grade Secret Pass Gold Project [2] Company Overview - Northern Lights Resources Corp. is focused on growth through exploration and development, managing three key projects: the Horetzky Copper Project, the Pup Copper Project, and the 100% owned Secret Pass Gold Project [6] - The Secret Pass Gold Project is located in Arizona's Oatman-Katherine gold district, which is the third-largest gold-producing area in Arizona, with historical production of over two million ounces of gold and one million ounces of silver from 1870 to 1980 [7] - Historical drilling at the Secret Pass Gold Project has shown promising results, with intersections of up to 13.6 g/t Au over 36.0 meters [7]
Sun Summit Drills Strongest Interval to Date at the Creek Zone: 81.0 Meters of 4.80 g/t Gold from 26 Meters Downhole, Including 14.0 Meters of 19.81 g/t Gold at the JD Project, Toodoggone District, B.C.
Newsfile· 2025-11-25 12:00
Core Insights - Sun Summit Minerals Corp. has reported significant assay results from the 2025 drilling program at the Creek Zone of the JD Project, indicating strong near-surface gold mineralization [2][5][6] Drilling Results - Drill hole CZ-25-021 returned the strongest interval to date at the Creek Zone, with 81.0 meters of 4.80 g/t gold starting at 26.0 meters downhole, including 14.0 meters of 19.81 g/t gold [3][6] - The results confirm the continuity of high-grade gold mineralization, extending approximately 150 meters from the surface [6][15] - Other notable intervals include 34.0 meters of 9.07 g/t gold and high-grade intercepts of 155 g/t Au over 1.0 meter at 42.0 meters downhole [6][15] Geological and Structural Insights - The 2025 drilling program outlined a significant northwest-trending mineralized corridor measuring approximately 750 meters by 300 meters and extending 150 meters vertically [6][8] - A new 3D geological and structural model has been developed, indicating the presence of two distinct fault sets that control mineralization [19][22] Future Exploration Plans - Management believes further drilling is warranted to explore the down-dip and northeast extensions of the Creek Zone [6][21] - Additional assay results are pending from the Finn Zone and Belle South Porphyry Zone, which are expected to provide further insights into the mineralization potential of the area [9][24] Community Engagement - The company is actively engaging with First Nations to discuss interests and opportunities related to the JD Project [40]
Galway Metals Reports High-Grade Drilling at North Deposit Intersects 18.0 g/t Gold Over 3.0m from 53m Depth
Accessnewswire· 2025-11-25 12:00
TORONTO, ON / ACCESS Newswire / November 25, 2025 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the "Company" or "Galway") is pleased to report drill results for ten diamond drill holes from the North Deposit within its 100%-owned flagship Clarence Stream gold project in New Brunswick, Canada. Clarence Stream hosts district-scale potential along a 65-kilometre strike length of highly prospective gold showings, anomalies and a 2022 MRE of 12.4 Mt @ 2.3 g/t Au Indicated for 922,000 oz. ...
West Point Gold Drills 36.6 m of 7.35 g/t Au from 161.5 m to 198.1 m, Including 25.9 m of 9.95 g/t Au from 167.6 m to 193.5 m, Extending High-Grade Zone at Northeast Tyro
Newsfile· 2025-11-25 12:00
West Point Gold Drills 36.6 m of 7.35 g/t Au from 161.5 m to 198.1 m, Including 25.9 m of 9.95 g/t Au from 167.6 m to 193.5 m, Extending High-Grade Zone at Northeast TyroNovember 25, 2025 7:00 AM EST | Source: West Point Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce the results from the initial two holes of the Tyro Northeast (NE) drilling cam ...
Barrick, Mali strike deal to resolve Loulo-Gounkoto mining disputes
Yahoo Finance· 2025-11-25 11:41
Core Points - Barrick Mining has reached an agreement with the Government of Mali to resolve disputes related to the Loulo and Gounkoto mines, leading to the dropping of all charges against Barrick and the initiation of legal steps for the release of four detained employees [1][2] - The provisional administration of the Loulo-Gounkoto complex will be terminated, and operational control will be returned to Barrick, allowing both parties to move forward constructively [2] - Mali has agreed to extend Barrick's mine permit for an additional ten years, and Barrick will sign the 2023 mining code, with plans to restart operations by January 1, 2026 [3] Financial Impact - Barrick wrote off $1 billion in revenue from the Loulo-Gounkoto mine due to the dispute, and the former CEO Mark Bristow departed as a result [5] - Following the resolution of the dispute, Barrick shares rose 8.5% to an all-time high of C$55.93 in Toronto [5] Background Context - The dispute stemmed from Mali's new mining code aimed at increasing the country's share of revenue from gold miners during a period of record-high gold prices, which included the military-led government's seizure of three tonnes of gold from Barrick's mine [4]
AuMEGA Metals Expands Drill Program
Newsfile· 2025-11-25 11:30
Core Viewpoint - AuMEGA Metals Ltd has mobilized a second diamond drill rig to enhance its drilling program on the Major Electromagnetic anomaly at the Cape Ray Gold Project in Newfoundland and Labrador, Canada, indicating a strong commitment to exploration and resource development [1][4]. Drilling Program - The current diamond drill program is focused on a newly defined airborne electromagnetic conductor measuring approximately 500 metres by 1,000 metres, located 500 metres southeast of the Central Zone deposits, which has not been drill tested before [2][4]. - The company plans to maximize drilling efforts in the upcoming weeks before the winter break, aiming to explore the hangingwall of the Cape Ray Shear Zone near the Central Zone [4]. Exploration and Assay Results - AuMEGA has pending assay results from various exploration programs, including Bunker Hill, Cape Ray, Isle aux Morts Granite, and Hermitage surficial till geochemical surveys, which are expected to generate new drill-ready targets [5]. - The company is systematically exploring its district-scale land package to identify major deposits [5]. Geological Context - The Cape Ray Shear Zone is recognized as Newfoundland's largest identified gold structure, hosting Equinox Gold's Valentine Gold Project, a multi-million-ounce deposit, alongside AuMEGA's expanding Mineral Resource [7]. - AuMEGA's existing defined gold Mineral Resource includes 6.2 million tonnes grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources, and 3.4 million tonnes grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources [9]. Additional Projects - AuMEGA holds a 27-kilometre stretch of the Hermitage Flexure and has secured an Option Agreement for the Blue Cove Copper Project, which shows strong potential for copper and other base metals [8].
Harvest Gold Discovers New Mineralized Horizon At The Trench 1B Target: Provides Results From The First Six Holes Of Its Mosseau Drill Program
Thenewswire· 2025-11-25 11:30
Core Insights - Harvest Gold Corporation has announced the first series of assay results from its maiden drill program at the Mosseau property in Quebec's Abitibi region, indicating positive exploration progress [1][2]. Drilling Program Highlights - The drill program has completed 14 holes totaling 3,030 meters, with assay results published for the first six holes, representing 20% of the planned 5,000-meter program [3][6]. - Significant assay results include 1.90 g/t gold over 5.4 meters, with a higher-grade section of 8.67 g/t gold over 0.6 meters in hole MO-25-15 [4][9]. - Hole SW-25-14 intersected widespread gold mineralization, including 1.10 g/t Au over 6.0 meters, highlighting the potential to expand historical mineralization at the Mosseau Project [5][9]. Geological Insights - The discovery of a mineralized horizon approximately 100 meters east of Trench 1B is associated with a moderate Induced Polarization (IP) anomaly that can be traced for 600 meters along strike [4][9]. - The mineralized zones contain semi-massive sulphides, primarily pyrite and chalcopyrite, with notable silver and base metal values, including 203 g/t silver, 2.26% copper, 0.16% zinc, and 0.05% lead [4][9]. Company Overview - Harvest Gold is focused on exploring near-surface gold deposits and copper-gold porphyry deposits in stable mining jurisdictions, with a management team that has over 400 years of collective geological and financing experience [8][10]. - The company has three active gold projects in the Urban Barry area, covering a total of 20,016.87 hectares [10][11].
STLLR Gold's Hollinger Tailings Project Maiden Mineral Resource Estimate Provides A Strong Foundation for Exploring Future Short-Term Development Under Ontario's New Recovery of Minerals Regime
Newsfile· 2025-11-25 11:00
Core Insights - STLLR Gold Inc. has announced a maiden Mineral Resource Estimate (MRE) for its Hollinger Tailings Project, indicating a significant step towards potential cash flows and environmental remediation [2][3][4] Mineral Resource Estimate Summary - The Hollinger MRE includes a total of 412,000 ounces of gold in the Indicated category and 93,000 ounces in the Inferred category, with an average grade of 0.35 g/t Au [5][6] - Phase 1 of the project has an estimated 16.1 million tonnes at a grade of 0.41 g/t Au, containing 212,000 ounces of gold [5][6] - The resource estimate is based on 11,230 meters of sonic drilling from 423 holes, with 82% of the mineralization classified as Indicated [15][20] Business and Development Strategy - The company aims to generate near-term cash flow with minimal capital intensity due to existing infrastructure and high metallurgical recoveries from tailings [3][4] - STLLR has initiated permitting under Ontario's new Recovery of Minerals Regime, designed to expedite the development of such projects [3][18] - The company is exploring mining sequence analysis and operating scenarios tailored to Phase 1 to position it as the starting point for future production [3][4] Community and Environmental Impact - The Hollinger project is expected to provide environmental rehabilitation by reprocessing a century-old tailings facility, benefiting the local community and shareholders [4][22] - The Mayor of Timmins highlighted the project's potential for sustainable development through the remediation of historic mine tailings [4][22]
Dryden Gold Expands the Gold Rock Camp with High-Grade Discoveries at Mud Lake
Newsfile· 2025-11-25 11:00
Core Insights - Dryden Gold Corp. has successfully expanded the Gold Rock Camp with high-grade gold discoveries at the Mud Lake Target Area, confirming the geological potential for multiple gold-bearing structures [1][3][5] - The exploration program aims to validate the theory of periodicity of deposits in the Gold Rock Camp, with initial results indicating a promising geological setting [3][5] - The company plans to continue developing additional targets in the Gold Rock Camp following the successful step-out drilling at Mud Lake [1][3] Exploration Results - The first pass 3-hole exploration program at Mud Lake revealed significant gold grades, including a quartz vein intersecting as high as 43.10 g/t gold over 0.50 meters [5][8] - Surface sampling indicated a high-grade shear zone with 93.00 g/t gold, suggesting a potential 1-kilometer mineralized footprint similar to the Gold Rock target area [5][9] - The geological interpretation of the Mud Lake footprint is ongoing, with initial findings confirming a flexure in the mineralized trend, which is common in shear zone systems [6][10] Future Plans - The company will analyze data collected from the summer Mud Lake program to plan for permitting and further testing [6][12] - A webinar is scheduled for December 4, 2025, to provide an overview of the 2025 exploration program and details about upcoming initiatives for the 2026 drill program [12] - Dryden Gold aims to leverage its strategic land position in the Dryden District of Northwestern Ontario, which includes historic gold mines and significant exploration potential [16]