Mineral Exploration

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Evergold Announces the Appointment of Alvin Jackson to the Board of Directors
Globenewswire· 2025-07-10 11:00
Company Overview - Evergold Corp. is a TSX-V listed mineral exploration company with projects in British Columbia and Nevada [3] - The company has a successful track record in the junior exploration space, including the establishment of GT Gold Corp. and the discovery of significant mineral deposits [3] Leadership Changes - Alvin W. Jackson has joined the board of directors, bringing extensive experience in mineral exploration and development [1] - Jackson has previously worked on major mineral deposits and founded EuroZinc Mining Corp., which grew to a market capitalization of over $1.8 billion before being acquired [1] Strategic Projects - Key projects for Evergold include the Golden Lion property in BC's Toodoggone region and the DEM porphyry prospect near Fort St. James, both of which are considered to have considerable merit [2] - The company aims to leverage these properties as a strong foundation for growth [2] Financial Performance - The establishment of GT Gold Corp. led to the discovery of the Saddle epithermal vein and porphyry copper-gold deposits, which were sold to Newmont for a fully diluted value of $456 million, representing a 1,136% return on exploration outlays of $36.9 million [3]
Quadro Announces TRU's Exercise of Initial Option on Staghorn Property
Newsfile· 2025-07-10 11:00
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2025) - Quadro Resources Ltd. (TSXV: QRO) (OTC Pink: QDROF) (FSE: G4O) ("Quadro" or the "Company") announces that TRU Precious Metals Corp. ("TRU") has formally exercised the Initial Option under the Option Agreement dated June 15, 2022 (as amended), on Quadro's Staghorn Property in Newfoundland and Labrador.Pursuant to the terms of the Option Agreement, TRU has satisfied the requirements set forth in Sections 3.1 and 3.2 of the Agreement and as per ...
Metals Creek Returns 1.36% Cu and 3.10 g/t Ag over 36.30m at the Tillex Copper Project
Newsfile· 2025-07-10 11:00
Higher Grade Copper Mineralization within Broader Mineralized ZoneNew Interpretation of Mineralized Horizon to the South Indicates a Significant Flattening of Stratigraphy Enhancing Exploration PotentialThunder Bay, Ontario--(Newsfile Corp. - July 10, 2025) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce final drill results from the recently completed (See News Release: March 20, 2025) diamond drill program at the Tillex Copper Project located i ...
Neotech Metals Corp Engages Munich MiningPartners GmbH
Newsfile· 2025-07-10 08:00
Group 1 - Neotech Metals Corp. has engaged Munich MiningPartners GmbH to enhance marketing and investor relations in Europe [1][2] - The engagement with MMP is set at $28,500 per month and will be on a month-to-month basis, starting July 10, 2025 [2] - MMP will provide services including content creation, web development, digital marketing, publication services, and media buying [2] Group 2 - Neotech Metals is a mineral exploration company focused on discovering and developing mineral resources globally [4] - The company has a diversified portfolio of rare earth element and rare metals projects, including the Hecla-Kilmer project and others in British Columbia [5] - All three projects mentioned are 100% wholly owned by Neotech Metals [5]
Power Metallic Provides an Update on Summer 2025 Exploration Programs at Nisk Project
Prnewswire· 2025-07-10 07:00
Core Insights - The company is actively advancing its summer to fall drilling campaign, with significant upgrades to its logging and core cutting facilities completed to enhance exploration efficiency [1][2] - A total of four drill rigs are operational, targeting various zones with a planned drilling meter range of 10,000-12,500 meters at Lion, 5,000-6,250 meters at Tiger, and 5,000-6,250 meters at Nisk Main, Nisk West, and Nisk East [9][10] - The company is expanding its land package by over 300% through the acquisition of 167 km² from Li-FT Power, which is expected to close soon [13][18] Exploration and Drilling Activities - The drilling program includes borehole EM surveys to identify off-hole anomalies, with successful mineralization discoveries reported [3][7] - An airborne EM/magnetic survey is underway to define EM conductors over prospective geology, with approximately one-third completed [4] - A LiDAR survey is being conducted to provide detailed topography, which will aid in identifying outcrop areas for mapping crews [5] Mineralization and Resource Development - The company is focused on developing mineralization along the Nisk-Lion-Tiger trend, with ongoing drilling expected to accelerate discovery and expansion [7] - At the Lion zone, two fly rigs are operational to extend and infill the known deposit, with five holes completed and assays pending [8] - Drilling at the Nisk deposit is targeting potential mineralization between Nisk and Lion, with three holes completed and assays pending [12] Future Plans and Permitting - The company is in the process of acquiring drill permits for the newly acquired lands and extending the Lion-Nisk target area, with expectations for permitting during the current drill campaign [14] - Once the AEM and LiDAR surveys are completed, drill targets will be developed in the new areas [15]
Avrupa Minerals Submits Mining License Application for Sesmarias VMS Project, Portugal
Thenewswire· 2025-07-09 21:25
Core Points - Avrupa Minerals Ltd. has submitted a Mining License Application for its 100%-owned Sesmarias copper-zinc VMS project in Portugal, marking a significant milestone after nearly 15 years of work in the region [1][2] - The application will be reviewed by the Portuguese Mining Bureau, which may request further clarifications before making a decision [1] - The company is actively seeking a mining partner to advance the Sesmarias project [2] Company Overview - Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on discovering mineral deposits using a hybrid prospect generator business model [3] - The company holds one 100%-owned license in Portugal (Alvalade VMS Project) and has a 49% stake in the joint venture company AVU Kosova, which operates the Slivova Gold Project in Kosovo [3] - Avrupa is advancing six prospects in central Finland through its partnership in Akkerman Finland Oy and focuses on politically stable and prospective regions in Europe, including Portugal, Finland, and Kosovo [3]
Fitzroy Minerals Announces Closing Of Final Tranche Of Non-Brokered Life Offering And Concurrent Private Placement
Thenewswire· 2025-07-09 21:05
Core Viewpoint - Fitzroy Minerals Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising a total of approximately $12,000,000 through the issuance of 40,000,000 common shares at a price of $0.30 per share [1][3]. Group 1: Private Placement Details - The final tranche of the LIFE Offering involved the issuance of 23,333,333 shares, generating gross proceeds of about $7,000,000 [1]. - The total gross proceeds from the LIFE Offering and a concurrent private placement amount to $12,000,000 and $540,000 respectively [1][3]. - The securities from the LIFE Offering are not subject to a hold period under Canadian securities laws, while those from the concurrent offering are subject to a four-month hold period [2][3]. Group 2: Use of Proceeds - The proceeds from the private placement will be allocated to exploration activities and property commitments for the Buen Retiro and Caballos projects, as well as for general administrative costs and working capital [4]. Group 3: Finder's Fees and Warrants - The company will pay a total of $940,000.02 in finder's fees and issue 3,133,330 finder's warrants in connection with the private placement [6]. - Each finder's warrant allows the holder to acquire one common share at a price of $0.50 for two years following the final tranche [6]. Group 4: Related Party Transactions - Participation by Clariden Capital Ltd., associated with the company's chairman and a director, constitutes a related party transaction, exempt from formal valuation and minority shareholder approval [7][8].
Blue Star Mobilises Field Crews and Receives Final DIG Payment
Newsfile· 2025-07-09 12:00
Core Viewpoint - Blue Star Gold Corp. is initiating its 2025 Phase I Surface Exploration Program in the High Lake Belt, Nunavut, focusing on advancing drill-ready targets and exploring high-impact gold and critical mineral targets [1][4]. Financial Support - The company has received the final $125,000 payment of a $250,000 exploration grant from the Government of Nunavut's Discover, Invest, Grow (DIG) program, totaling $500,000 received from the program to date [2][5]. Ongoing Field Activities - The field team is focused on building confidence in drill-ready targets, particularly around the Flood Zone deposit, and will conduct detailed mapping and channel sampling of newly exposed mineralization [4][5]. - A continuation of the Loupe time-domain electromagnetic (EM) survey will be conducted to investigate anomalous responses identified in previous surveys [6]. 2025 Exploration Program Details - Phase I is a low-expenditure initiative targeting areas within 1,000 meters of the Flood Zone gold deposit, with a focus on detailed mapping and sampling to support potential resource extension [5][9]. - Additional activities include geological mapping, prospecting, and follow-up work on various targets, including Nutaaq and South Zones [7][8]. Historical Sampling Insights - Initial field orientation traverses identified visible gold in untested veins at the Nutaaq target, with a grab sample returning 23 g/t gold, and historical samples in the area showing values of 29, 35, and 78 g/t gold [10][11]. Company Overview - Blue Star Gold Corp. is focused on mineral exploration in Nunavut, holding 300 square kilometers of land with significant high-grade gold resources and numerous exploration targets [15].
Class 1 Nickel Commences 2025 Exploration Program at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Globenewswire· 2025-07-09 11:30
Core Viewpoint - Class 1 Nickel and Technologies Limited has launched its 2025 summer exploration program at the River Valley PGE-Cu-Ni Project, which is expected to enhance its portfolio focused on critical minerals such as PGE, copper, and nickel [1][4]. Group 1: Exploration Program Details - The 2025 field exploration program will focus on geological mapping, sampling, and ground-truthing of targets identified from a recent 254 line-kilometer VTEM™ Plus survey [2][10]. - The exploration will include detailed examination of known sulphide occurrences and will report results as they become available [2][10]. - The program aims to validate geophysical targets developed from the VTEM™ Plus survey, particularly along the Crerar PGE Trend [3][10]. Group 2: Project Overview - The River Valley PGE-Cu-Ni Project spans approximately 2,916 hectares and is located about 65 kilometers northeast of Sudbury, Ontario, featuring known PGE-bearing sulphide mineralization [1][4]. - The project is underlain by gabbroic to anorthositic rocks of the Paleoproterozoic River Valley Intrusion, with a focus on targeting productive Marginal and Inclusion-Bearing zones [4][14]. - The project is strategically positioned near the advanced River Valley Palladium Project being developed by New Age Metals Inc., providing additional exploration upside [1][4]. Group 3: Geophysical Survey Insights - A helicopter-borne VTEM™ Plus survey was conducted in March 2025, acquiring approximately 254 line-kilometers of geophysical data [7]. - The survey utilized advanced geophysical sensors, including a versatile time domain electromagnetic system and a horizontal magnetic gradiometer [7]. - The results from the survey will inform the summer exploration program, which includes geophysical ground-truthing and mapping [10][11].
Evergold Enhances the Copper Potential of its Golden Lion Property in BC’s Toodoggone Region by Acquiring 100% of the Copper King Inlier Prospects, Plans Share Consolidation
Globenewswire· 2025-07-09 11:00
Core Viewpoint - Evergold Corp. has entered into a binding letter of intent to acquire a 100% ownership interest in four claim groups totaling 173 hectares within its Golden Lion property, subject to regulatory approvals and a share consolidation process [1][2]. Acquisition Details - The acquisition involves a staged payment of $80,000 worth of post-Consolidation Evergold Shares over two years, with specific issuance dates and conditions [1]. - Upon exercising the option, Evergold will grant a 2.5% net smelter returns royalty to the Optionor, with the possibility to buy back 1.5 percentage points for $1.5 million [1]. Historical Context - The acquired tenures include the Goat, Chuck, Copper King, and Claw prospects, known collectively as the 'Copper King' property, which has historical references to copper mineralization from drilling in 1975 and rock sampling in 1984 [3]. - Previous reports recommended delaying further exploration until higher metal prices were observed, and no significant exploration has occurred since [3]. Strategic Importance - The acquisition is seen as a strategic move to enhance exploration activities in the Toodoggone camp, particularly following recent discoveries in similar geological settings [4]. - The company plans to focus exploration efforts on the new claims and other target areas within the Golden Lion property [4]. Deferred Commitments - All staged cash payment and work commitments for the DEM property have been deferred for one year at no cost to the company, allowing for future exploration based on financing availability [5]. Company Background - Evergold Corp. is a mineral exploration company listed on TSX-V, with a successful track record in the junior exploration sector, including a notable past project that yielded a significant return on investment [8].