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Mithril to Acquire the La Dura Gold-Silver Property Adjacent to its Flagship Copalquin Property, Durango State, Mexico
Thenewswire· 2025-12-05 12:30
Core Viewpoint - Mithril Silver and Gold Limited has executed a Purchase Option to acquire the La Dura gold-silver property in Durango State, Mexico, which is strategically located near its flagship Copalquin property, indicating potential for resource expansion and development [1][2]. Company Overview - Mithril has a strong foundation of knowledge at La Dura, having conducted exploration work on the property in 2017-2018, positioning the company well to unlock value [3]. - The La Dura property consists of 5 contiguous mining concessions covering a total area of 2,052 hectares, located less than 5 km from El Durazno and 20 km from the Copalquin District property [3][5]. Property Details - The La Dura property hosts several historic mines, including a notable 4-level gold-silver mine with a processing facility capable of handling 60 tonnes per day [3]. - The property has a significant historic database of mining records and data from various sampling campaigns conducted from the 1990s to 2018, with the mine last operating in 2013 [3]. Transaction Terms - Mithril has an exclusive option to purchase 100% interest in the La Dura concessions over a period of 4 years for a total payment of US$4 million [3][10]. - The initial payment upon execution of the Purchase Option Agreement is US$25,000 and the issuance of 50,000 ordinary shares, with a structured payment schedule for the remaining amounts [8][9][14]. Exploration Plans - The company is committed to completing LiDAR and aerial magnetic surveys over the property within the first year and a minimum exploration expenditure of US$200,000 in the second year [3][11]. - Upcoming surveys are expected to provide an initial assessment of the prospectivity across the 20 km² concession area, leading to detailed mapping, sampling, and future drill testing [2][3]. Mining District Context - The Copalquin mining district, where La Dura is located, covers an area of 70 km² and contains several historic gold and silver mines, indicating a rich mineralization potential [11]. - The district is part of the Sierra Madre Gold Silver Trend, known for its significant gold and silver deposits, enhancing the strategic value of the La Dura acquisition [12].
REPEAT -- QGold Strengthens Board of Directors with Appointment of Jamsheed Mehta, former Vice-Chair at BMO Capital Markets
Globenewswire· 2025-12-04 12:00
Core Viewpoint - Q-Gold Resources Ltd. has appointed Jamsheed Mehta to its Board of Directors, bringing extensive capital markets experience to the company, which is focused on advancing its exploration and development initiatives, particularly the Quartz Mountain Gold Project [1][2][3]. Management Changes - Jamsheed Mehta has over 35 years of capital markets experience, including a 31-year tenure at BMO Capital Markets, where he held senior leadership roles and was Vice-Chair until 2023 [2][4]. - Scott Moore has been appointed as VP Corporate Development, bringing over 25 years of experience in the resource sector, including previous roles as CEO of Euro Sun Mining Inc. and President of Dacha Strategic Metals [5]. Quartz Mountain Gold Project - The Quartz Mountain Gold Project, located in southern Oregon, is QGold's flagship asset and represents a significant gold development opportunity in a historically productive mining district [6][7]. - The project was acquired from Alamos Gold in Q4 2025 and has a mineral resource estimate of approximately 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t within 50,002,000 tonnes in the indicated category [7][8]. - An additional 148,000 ounces of gold at a grade of 0.77 g/t and 135,000 ounces of silver at a grade of 0.70 g/t are included in the inferred category [8]. Strategic Initiatives - QGold has engaged Kappes, Cassiday & Associates to initiate a preliminary economic assessment on the Quartz Mountain Gold Project, indicating a proactive approach to project development [7]. - The company aims to progress its portfolio of gold and silver assets toward production, focusing on resource expansion and responsible environmental stewardship [12].
NEVADA KING COMPLETES PURCHASE OF SILVER PARK PATENTED MINING CLAIMS
Prnewswire· 2025-12-03 11:00
VANCOUVER, BC,Dec. 3, 2025/PRNewswire/ -**Nevada King Gold Corp.**(TSX-V: NKG;OTCQB:[](#financial-modal)[NKGFF](#financial-modal)) ("**Nevada King**" or the "**Company**") is pleased to announce that it has completed the purchase of the Silver Park claims after satisfying the requirements of the option agreement announced in[September 2024](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4571421-1&h=2965585366&u=https://nevadaking.ca/news/nevada-king-announces-acquisition-of-silver-park-option-in-lincoln-cou ...
QGold Resources Engages SLR Environmental to Advance Permitting for Quartz Mountain Gold Project
Globenewswire· 2025-12-01 22:06
Core Viewpoint - Q-Gold Resources Ltd. has engaged SLR Consulting to advance environmental baseline studies and permitting strategies for its Quartz Mountain Gold Project in Oregon, marking a significant milestone in the project's development [1][3][4]. Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America [13][14]. - The company's flagship asset is the Quartz Mountain Gold Project, located in southern Oregon, which is strategically positioned in a historically productive mining district with excellent infrastructure access [8][14]. Project Development - The engagement of SLR Consulting will include environmental baseline data collection, permitting strategy development, stakeholder engagement planning, and coordination with regulatory agencies such as the Oregon Department of Geology and Mineral Industries and the U.S. Forest Service [3][4]. - The Quartz Mountain Gold Project was acquired from Alamos Gold Inc. in October 2025, and the initiation of the permitting process follows a preliminary economic assessment and the publication of a mineral resource estimate [4][9]. Mineral Resource Estimate - The mineral resource estimate indicates 1,543,000 ounces of gold at 0.96 g/t and 2,049,000 ounces of silver at 1.27 g/t within 50,002,000 tonnes in the indicated category, along with 148,000 ounces of gold at 0.77 g/t and 135,000 ounces of silver at 0.70 g/t within 5,992,000 tonnes in the inferred category [6][9]. - The deposit is amenable to conventional open-pit mining methods, representing a significant opportunity for Q-Gold to advance its portfolio and unlock long-term value for shareholders [5][9]. SLR Consulting's Role - SLR Consulting is a leading environmental consulting firm with extensive experience in mine permitting across North America, particularly in Oregon's regulatory environment [2][10]. - The firm's established relationships with Oregon regulatory agencies will help Q-Gold efficiently navigate the environmental review and permitting pathway for the Quartz Mountain Gold Project [2][3].
Mithril Gives Exploration Update Including Channel Sample Results up to 4,520 g/t Silver, and 38.2 g/t Gold as Expansion of the District Continues at Copalquin, Mexico
Thenewswire· 2025-12-01 12:30
Core Insights - Mithril Silver and Gold Limited is advancing its exploration efforts at the Copalquin property in Durango State, Mexico, highlighting the potential of a large, district-scale epithermal gold-silver system [1][2][3] Exploration Update - The Copalquin property has shown exceptional scale and continuity, with high-grade results from multiple targets across a 9-kilometer area and over 1 kilometer of vertical extent [2][3] - Detailed studies of high-grade intercepts at Refugio West, Zaragoza, and Target 5 validate the presence of a large, vertically extensive epithermal system, supporting the company's exploration model [3][4] - A fully funded exploration program is planned for 2026, which includes 25,000 meters of drilling in the first six months [3] Resource Potential - The Copalquin district contains 100 historic underground gold-silver mines and workings, with a maiden JORC resource already established at Target 1 [4][5] - The district is recognized as a significant gold-silver area within the Sierra Madre Gold-Silver Trend, with ongoing exploration success indicating further resource potential [5][32] High-Grade Results - Recent channel sampling has yielded high-grade results, including: - 0.50 m at 16.8 g/t gold and 625 g/t silver at Target 1 West - 0.60 m at 38.3 g/t gold and 4,520 g/t silver at Target 5 [6][12][17] - The mineralized extent of the Copalquin system is confirmed to be over 1,200 meters vertically, with ongoing work identifying potential feeder zones [6][12] Target Areas - Target 1 is focused on expanding mineralization in the Refugio West area, while Target 5 continues to show promise with additional drilling and sampling [10][11] - Target 3 is drill-ready, with drilling set to commence in early January 2026, including several high-grade historic workings [6][12] Geological Insights - The Copalquin structure remains open down dip and along strike, with significant potential for further discoveries [14][32] - Ongoing petrographic work is confirming the district-scale model for the Copalquin epithermal system, enhancing the understanding of the geological framework [6][12]
Highlander Silver Reports Record Results and New Discovery: 23.9m at 20.82 g/t Gold and 31.53 g/t Silver and 23.4m at 11.70 g/t Gold and 26.10 g/t Silver in Shallow Drilling
Globenewswire· 2025-12-01 12:00
TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Highlander Silver Corp. (TSX: HSLV; “Highlander Silver” or the “Company”) is pleased to report exceptional assay results from shallow drilling at its expanding Bonita vein system. These results include the highest grades reported to date and the discovery of a new zone in step-out drilling over 200m northwest of prior holes along trend. The Bonita vein system is exposed along a ridgeline approximately 10km to the south of the bonanza grade Ayelen deposit at the San ...
Eagle Plains Reports up to 29.9 g/t Au over 1.8m at the Bulldog Gold - Silver Project, Golden Triangle, BC
Accessnewswire· 2025-12-01 12:00
CRANBROOK, BC / ACCESS Newswire / December 1, 2025 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce results from the inaugural 2025 field program at its Bulldog Property, located 11km SW of Stewart, British Columbia, within the southern extent of BC's "Golden Triangle", a geological region known to host globally significant precious- and base-metal deposits. ...
Gold Runner Exploration Announces Closing of $920,000 Non-Brokered Private Placement
Newsfile· 2025-11-28 23:08
Core Viewpoint - Gold Runner Exploration Inc. has successfully closed a non-brokered private placement financing, raising gross proceeds of $920,000 through the sale of 4,600,000 units at a price of $0.20 per unit, with each unit consisting of one common share and one common share purchase warrant [1] Group 1: Financing Details - The offering includes warrants that allow holders to acquire one common share at a price of $0.40 for a period of 60 months from the closing date [1] - The securities issued under the offering are subject to a hold period of four months and one day from the date of issuance, in accordance with Canadian securities laws [1] - The company paid finder's fees totaling $9,600 in cash and 48,000 broker warrants to Canaccord Genuity Corp. and Ventum Financial Corp. [3] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for exploration and development of the company's assets, claims, and option payments related to projects in the USA, geological evaluations in Canada, and for working capital and corporate purposes [2] Group 3: Company Overview - Gold Runner Exploration is focused on the exploration and development of gold and silver properties in Canada and the USA, with its flagship asset being the Rock Creek gold project, which includes 74 unpatented lode mining claims [5] - The company has expanded its land position by acquiring the Dry Creek prospect and the Falcon silver-gold prospect, bringing the total claims held to 239 in close proximity, targeting similar mineralization [5] - Gold Runner also holds a 10% carried interest in the Cimarron project in Nevada, which includes 31 unpatented lode mining claims [5]
Patagonia Gold Third Quarter 2025 Financial Results
Globenewswire· 2025-11-27 22:00
Core Viewpoint - Patagonia Gold Corp. reported its financial results for Q3 2025, highlighting production and sales figures, ongoing construction projects, and exploration activities in Argentina [1][6]. Financial Performance - The company generated revenue of US$3 million in Q3 2025 [6]. - Residual production from Cap Oeste yielded 482 gold equivalent ounces produced and 707 gold equivalent ounces sold during the quarter [6]. Production and Sales - The production consisted of 273 gold ounces and 18,900 silver ounces, while sales included 478 gold ounces and 20,398 silver ounces, converted to a gold equivalent using an average spot market price ratio of 86.73:1 for the quarter [3][6]. Project Development - Construction of the Calcatreu heap leach facility in Rio Negro is progressing, with the access road, camp, explosives magazine, fuel storage tanks, and power generation plant completed [6]. - The relocation and refurbishment of the carbon in columns (CIC) plant from the Lomada de Leiva mine to Calcatreu has been completed, with installation expected in December 2025 [6]. - The elution, electro winning, and doré furnace circuits are scheduled for delivery in Q1 2026 [6]. Exploration Activities - The company incurred exploration expenditures of US$0.5 million in Q3 2025, with drilling totaling 1,074.35 meters at various targets [6]. - A total of 92.45 meters of trench were excavated, and 535.71 line-kilometers of ground magnetics surveying were completed [6].
Mako Mining Enters Into a Definitive Purchase and Sale Agreement to Acquire the Mt. Hamilton Gold-Silver Project in Nevada from Sailfish Royalty
Accessnewswire· 2025-11-26 22:00
Core Viewpoint - Mako Mining Corp. has entered into a definitive purchase and sale agreement with Sailfish Royalty Corp. for the acquisition of the Mt. Hamilton Gold-Silver Project through Mako US Corp [1] Group 1: Acquisition Details - The acquisition involves the Mt. Hamilton Gold-Silver Project, which is a significant asset for Mako Mining Corp [1] - This agreement follows a previous press release dated September 30, 2025, indicating ongoing strategic developments for the company [1]