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Core Silver Discovers New Copper Porphyry Veins at Laverdiere
Accessnewswire· 2025-10-20 12:30
DISCOVERY EXPANDS MINERALIZED FOOTPRINT TO OVER 4.5 KILOMETRES - WIDESPREAD & HIGH-GRADE COPPER-SILVER-MOLYBDENUM ASSAYS HIGHLIGHT DISTRICT-SCALE PORPHYRY POTENTIAL AT THE BLUE PROPERTY VANCOUVER, BC / ACCESS Newswire / October 20, 2025 / Core Silver Corp. ("Core Silver" or the "Company") (CSE:CC)(FSE:8ZR)(OTCQB:CCOOF) is pleased to confirm the discovery of a new copper-bearing porphyry vein system at Copper Creek, part of the Laverdiere Copper Project (the "Project"), located on the eastern side of the Com ...
Alaska Energy Metals Provides Corporate Update On Nikolai Nickel Project, Alaska And Announces Amendment To Restricted Share Plan And Grants Of Stock Options And Restricted Share Units
Accessnewswire· 2025-10-17 22:00
Group 1 - The company is nearing completion of first-pass metallurgical testing from the Eureka deposit at the Nikolai nickel project in Alaska, with results expected in November 2025 [1] - An internal "Options Study" for the Eureka deposit is also nearing completion, which will lead to a Preliminary Economic Assessment scheduled for publication in 2026 [1] - The company continues to pursue grant funding from the US government for the Nikolai project [1] Group 2 - Hydrometallurgical amenability testing is set to begin on Eureka concentrates [1] - The company has granted incentive stock options and restricted share units [1]
Major Drilling Announces Normal Course Issuer Bid
Globenewswire· 2025-10-17 11:00
Core Points - Major Drilling Group International Inc. announced a normal course issuer bid (NCIB Program) to repurchase up to 4,097,159 common shares, approximately 5% of its outstanding shares, over a 12-month period starting October 21, 2025 [1][2] - The repurchases will be conducted on the Toronto Stock Exchange (TSX) at prevailing market prices, with a daily limit of 34,457 shares, which is 25% of the average daily trading volume for the previous six months [2][3] - The company believes that the market price may not reflect its underlying value, and repurchasing shares will benefit remaining shareholders [2][3] Company Overview - Major Drilling is the largest provider of specialized drilling services in the mining sector, with operations across North America, South America, Australia, Asia, Africa, and Europe [6][7] - Established in 1980, the company has developed a strong reputation for handling complex drilling projects and is supported by a skilled workforce and experienced management team [6][7] - The company offers a wide range of drilling services, including reverse circulation, surface and underground coring, directional drilling, and various technology-driven innovations [7]
Gladiator Identifies New Targets at Little Chief & Cowley Park
Newsfile· 2025-10-16 11:00
Core Insights - Gladiator Metals Corp. has identified significant untested anomalies at Chief's Trend and Cowley Park through recent Induced Polarization (IP) and gravity geophysical surveys, indicating potential for undiscovered mineralization [1][3][5] Exploration Targets - The company has prioritized drilling at two high-potential targets: Great Southern and Doozy, based on compelling evidence from recent geophysical surveys [3][4][5] - Drilling is set to commence later this week, supported by a recent financing of $22.5 million and an existing treasury of $8 million, ensuring funding for exploration until the end of 2026 [5][29] Geophysical Survey Results - The Doozy area has shown undrilled high tenor chargeability anomalies, while the Great Southern area has larger IP and gravity anomalies compared to the neighboring Cowley Park mineralized system [6][7][8] - The Great Southern anomaly measures approximately 2 km by 1.2 km and coincides with a highly intense IP chargeability anomaly, indicating significant exploration potential [8][18] Historical Context - The Whitehorse Copper Project has a rich history, with copper mineralization first discovered in 1897 and significant production occurring between 1967 and 1982, totaling 10.5 million tons at 1.5% Cu and 0.75 g/t Au [31][32] Project Highlights - The exploration strategy includes advancing Cowley Park to resource definition, targeting further copper-skarn and recently identified intrusive-hosted copper-molybdenum mineralization [34][35] - The ongoing drilling program has been extended to 48,000 meters, with a focus on high-grade copper skarns throughout the Whitehorse Copper Belt [29][35]
K92 Mining Announces Major Operational Milestone With First Production and Official Inauguration of the Stage 3 Expansion Process Plant
Globenewswire· 2025-10-16 10:30
Core Points - K92 Mining Inc. has produced its first commercial grade gold-copper-silver concentrate and plans to start shipments from its new 1.2 million tonnes per annum Stage 3 Expansion process plant at the Kainantu Gold Mine in Papua New Guinea [1] - The Official Inauguration Ceremony on October 16 was attended by key stakeholders, including the Prime Minister of Papua New Guinea, who witnessed a gold pour producing 458 ounces of doré [2][13] - The Stage 3 Expansion Process Plant is on track for commissioning completion in the first half of Q4 and was delivered under budget, with 90% of the budget spent or committed as of September 30, 2025 [3] - The CEO of K92 expressed satisfaction with the achievement of inaugural production, highlighting the collaboration of the workforce and partners [4] - The company aims to advance towards Tier-1, mid-tier producer status, emphasizing the long-term benefits of the Stage 3 Expansion for employees and communities [6] Company Overview - K92 Mining Inc. is engaged in the production of gold, copper, and silver at the Kainantu Gold Mine in Papua New Guinea and is focused on exploration and development of mineral deposits in the area [7] - The company declared commercial production from Kainantu in February 2018 and is in a strong financial position, working towards becoming a Tier 1 mid-tier producer through ongoing plant expansions [7]
Prismo Reports High Grade Gold along with Silver, Copper and Zinc Mineralization at Ripsey Mine
Thenewswire· 2025-10-16 07:00
Core Insights - Prismo Metals Inc. has reported high-grade assay results from the Ripsey Mine Project in Arizona, confirming significant mineralization over a strike length of approximately 600 meters, which enhances the drill potential of the site [1][2][4] Group 1: Ripsey Mine Project - The initial assay results from the Ripsey Mine include high-grade gold, silver, copper, and zinc, with one sample showing 14.7 g/t Au, over 100 g/t Ag (results pending), 3.28% Cu, and 3.26% Zn [2] - The exploration work at Ripsey is being conducted alongside preparations for drilling at the Silver King project, allowing for efficient resource allocation and synergy between the two projects [2][4] - The Ripsey project has no minimum exploration expenditure requirements during its five-year term, providing flexibility in budget allocation [2][4] Group 2: Silver King Project - Additional assays from the Silver King project have identified new drill targets, including two additional veins and zones of replacement mineralization [11] - The geological observations at Silver King suggest the presence of a porphyry system, with historical data indicating significant mineralization potential [11][20] - An induced polarization (IP) survey is scheduled to commence soon to further evaluate the property [13] Group 3: Company Overview - Prismo Metals Inc. is focused on advancing its mining projects, including Silver King, Ripsey, and Hot Breccia in Arizona, as well as the Palos Verdes silver project in Mexico [23]
Giga Metals Announces Non-Brokered Private Placement Including Critical Minerals Flow-Through
Globenewswire· 2025-10-15 20:30
Core Points - Giga Metals Corp. announced a non-brokered private placement aiming to raise up to $1,000,000 through the sale of Critical Minerals flow-through units at $0.13 each and non-flow-through units at $0.11 each [1][2] Group 1: Private Placement Details - The private placement consists of Critical Minerals flow-through units (FT Units) and non-flow-through units (NFT Units), with FT Units priced at $0.13 and NFT Units at $0.11 [1] - Each FT Unit includes one flow-through share and a transferable half flow-through share purchase warrant, allowing the purchase of an additional share at $0.25 for 36 months [2] - Each NFT Unit includes one non-flow-through share and a transferable half non-flow-through share purchase warrant, also allowing the purchase of an additional share at $0.25 for 36 months [2] Group 2: Use of Proceeds - The gross proceeds from the private placement will be allocated to the exploration of the Turnagain nickel-cobalt project and for general corporate purposes [3] - The flow-through proceeds will specifically be used to advance the Turnagain project and any other Canadian properties acquired, with a commitment to incur eligible Canadian exploration expenses [3] Group 3: Company Overview - Giga Metals Corporation's core asset is the Turnagain Project, which contains significant undeveloped sulphide nickel and cobalt resources [6] - The Turnagain ultramafic complex is also prospective for copper, platinum, and palladium mineralization in the Attic Zone, adjacent to the known nickel resource [7]
Focus Graphite Appoints Jean-Francois Perrault as Strategic Advisor
Newsfile· 2025-10-15 09:00
Core Insights - Focus Graphite Inc. has appointed Mr. Jean-Francois Perrault as Strategic Advisor to provide strategic and financial guidance for its Lac Knife and Lac Tetepisca graphite projects [1][5][11] - Mr. Perrault has over 30 years of experience in capital markets and investment banking, currently serving as Managing Partner at Pavilion Capital Advisers [2][3] - The company aims to leverage Mr. Perrault's extensive network and experience to advance its financing and development efforts, particularly in the context of North America's push to reduce reliance on China for critical minerals [5][11] Company Overview - Focus Graphite Advanced Materials Inc. owns two 100% owned graphite projects, with Lac Knife being one of the most advanced high-purity graphite deposits in North America [6][7] - The Lac Tetepisca project is positioned to be one of the largest and highest-purity graphite deposits in North America, enhancing the company's portfolio [7] - The company is committed to environmentally sustainable processing solutions and innovative battery technologies, including a patent-pending silicon-enhanced spheroidized graphite [7][8] Strategic Goals - Focus Graphite is focused on securing a resilient, locally sourced supply of critical minerals to reduce dependence on foreign-controlled markets [8] - The company is actively collaborating with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials [8] - The appointment of Mr. Perrault is part of the company's strategy to strengthen its leadership team and enhance its capital markets profile as it advances toward mine permitting and development [5][11]
Kincora Advances the Historic Condobolin Mining Field
Newsfile· 2025-10-14 12:45
Core Insights - Kincora Copper Limited has initiated an airborne electro-magnetic (AEM) geophysical survey at the Condobolin project, expanding the project size by 90km² to a total of 297km² [1][15][10] - The AEM survey aims to identify new near-surface targets and refine existing mineralized systems, particularly at the Meritilga target, which has shown promising drilling results [2][21][22] - The company is capitalizing on near-record Australian gold and silver prices to review previous drilling results and explore the potential for alluvial gold [3][26] Project Overview - The Condobolin project is located in the southern end of the Cobar Basin, an area with a rich mining history for high-grade gold, silver, and base metals [4][8] - The project benefits from established infrastructure and has limited effective exploration below the shallow weathering profile, indicating significant potential for new discoveries [5][19] - Kincora's strategy includes a multi-phase exploration campaign that is fully funded, following a C$4 million private placement in July 2025 [10][36] Exploration Strategy - The AEM survey will cover over 800 line-kilometers and is expected to provide insights into subsurface structures across the historic Condobolin Mineral Field [16][17] - The Meritilga target has been identified for a high-impact drilling program to test extensions of existing mineralization, with previous results indicating high-grade intervals [2][21] - The company plans to systematically apply exploration techniques that have previously led to discoveries in the region [5][28] Market Context - Recent corporate activities in the region, including significant discoveries and mergers, highlight the potential for growth in the Cobar Basin [9][14] - The current strong precious metals market environment supports Kincora's exploration efforts and strategic positioning as a leading institutional-grade explorer [6][38] - The review of alluvial gold potential is particularly timely given the increase in gold prices, which have risen from approximately A$1500/ounce to nearly A$6000/ounce [26]