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Avrupa Minerals Expands Landholdings in Vihanti-Pyhasalmi VMS District, Finland
Thenewswire· 2025-10-08 12:00
Core Insights - Avrupa Minerals Ltd. has acquired additional exploration ground in the Vihanti-Pyhäsalmi VMS District of Central Finland through its partnership with Akkerman Finland Oy, expanding its holdings with a new exploration area reservation, KKS, totaling 18.6 km² [1] - The KKS area covers three historic VMS prospects: Kurpas, Kaskela, and Sirviö, and the company now holds seven copper-zinc exploration permits and one gold exploration permit in the region [1][8] - The Geological Survey of Finland previously reviewed the area from 1970 to 2001, with Outokumpu discovering shallow copper-zinc mineralization at Kaskela and Kurpas in the late 1980s [3] - Follow-up exploration by Outokumpu and Belvedere Resources did not yield significant results, leading to a cessation of exploration activities in the area for the past 20 years [4][5] - AFOy plans to utilize geophysical tools to explore the depth potential of the KKS area, which has not been explored deeper than 200 meters [5] - The company is actively seeking joint venture partners for its VMS program and will attend the FEM2025 Conference to discuss potential partnerships [7] Company Overview - Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on discovering mineral deposits using a hybrid project generator business model [8] - The company holds a 100%-owned license in Portugal for the Alvalade VMS Project and is advancing seven copper-zinc prospects and one gold prospect in Finland through its partnership with Akkerman Exploration [8] - Avrupa Minerals aims to develop opportunities in politically stable and prospective regions of Europe, including Portugal, Finland, and Kosovo, while seeking new joint venture partnerships [8]
Benton Continues to Deliver High-Grade Gold Results at Great Burnt, Including 31.35 g/t from New Surface Sampling
Newsfile· 2025-10-08 11:30
Core Insights - Benton Resources Inc. has reported high-grade gold results from surface sampling at the Great Burnt project, with assays reaching up to 31.35 g/t [1][2] - The new mineralization may extend the previously identified NGB Target, with significant drilling results indicating gold and copper intersections [1][3] - The company is planning immediate follow-up work, including further prospecting, soil sampling, and trenching in the area [2][3] Exploration and Drilling - The newly identified zone is characterized as a silicified mafic volcanic with mineralization including breccia and fractured-filled pyrrhotite and chalcopyrite [2] - Drilling continues in the South Pond Area, aiming to connect over 2.7 km of gold mineralization that remains open to the north and south [3] - The company is actively identifying new high-priority drill targets and plans to test several of these in the current drilling campaign [3] Financial Activities - Benton Resources has limited its current financing to a maximum of $2.0 million and is closing a private placement financing for gross proceeds of approximately $1.98 million [5][7] - The financing will involve issuing 2,627,272 Units, each consisting of one common share and one common share purchase warrant, with proceeds aimed at advancing its Newfoundland projects and general working capital [5][7] Project Overview - The Great Burnt Project has a mineral resource estimate of 667,000 tonnes at 3.21% Cu indicated and 482,000 tonnes at 2.35% Cu inferred, with significant potential for further discoveries [15] - Historical drilling results have shown impressive intersections, including 25.42 m of 5.51% Cu and 74.20 m of 1.43 g/t Au, indicating a robust mineralized system [15]
Class 1 Nickel Confirms 3+ km PGE-Trend and Samples 1.11 g/t Pd+Pt+Au at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Globenewswire· 2025-10-08 11:30
Core Insights - Class 1 Nickel and Technologies Limited has announced positive results from its 2025 prospecting and ground-truthing campaign at the River Valley PGE-Cu-Ni Project, located approximately 65 km northeast of Sudbury, Ontario [1][4] Project Overview - The River Valley Project spans about 2,916 hectares and features several kilometers of promising geology with known platinum group element (PGE)-bearing sulphide mineralization categorized as Contact-Style PGE-Cu-Ni [2][12] - The project is situated within the same intrusive complex as the advanced River Valley Palladium Project developed by New Age Metals Inc [2] Sampling Results - A total of 73 rock grab samples were collected, with 11 samples returning assays ranging from 0.26 to 1.11 g/t 3E (Pd + Pt + Au), 0.04 to 0.96% Cu, and 0.02% to 0.17% Ni [3][6] - The sampling program has generated several new targets for follow-up with ground geophysics and a potential drilling campaign [6] Future Exploration Plans - The CEO of Class 1 Nickel expressed confidence in continuing exploration in target areas, particularly the Crerar PGE Trend, to plan and complete a drilling program soon [4][8] - A surface geophysics program is being planned for the North PGE Trend and the Crerar PGE Trend [3] Historical Context - Historical exploration on the property includes a diamond drill program completed in 2001 by Mustang Minerals Corp, which targeted the Crerar PGE Trend [13] - The project provides exploration upside for PGE and critical minerals, including copper and nickel, with a focus on productive zones within the River Valley Intrusion [12][15]
Hercules Metals Provides Update on 2025 Drilling at the Leviathan Porphyry System
Newsfile· 2025-10-08 11:10
Hercules Metals Provides Update on 2025 Drilling at the Leviathan Porphyry SystemStronger continuity emerging through accelerated definition drilling at Leviathan; testing of "Donut" Anomaly in the south underwayOctober 08, 2025 7:10 AM EDT | Source: Hercules Metals Corp.Upsized 2025 drilling campaign: The Company's 2025 drill program has been expanded beyond the original 12,000 metre target. Over 13,000 metres of drilling have been completed, with the Company expecting to continue drilling in ...
LAURION Reports 32.47 g/t Gold Over 1.90 m, including 67.8 g/t Gold Over 0.90 m in Channel Sample at Twin Falls, Ishkoday Project
Thenewswire· 2025-10-08 11:00
Toronto, Ontario – October 8, 2025 – TheNewswire - LAURION Mineral Exploration Inc. (TSX.V: LME | OTC: LMEFF) (“LAURION” or the “Corporation”) is pleased to report results from its recent channel sampling program from the Cyril Knight Showing, situated at Twin Falls northwest of the historic Sturgeon River Mine within the Ishkōday Project. The Twin Falls property is contiguous to and lies immediately west of the broader Ishkōday Project, which is located approximately 220 kilometres northeast of Thunder Ba ...
Metal Energy Updates on Highland Valley Exploration Program
Newsfile· 2025-10-08 10:00
Highlights:Infill and reconnaissance geophysical surveys planned at Highland Valley.Metal Energy to leverage historical IP surveys to cost effectively focus and rank exploration targets.9-month extension to all Highland Valley acquisition milestone payments.Toronto, Ontario--(Newsfile Corp. - October 8, 2025) - Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the "Company" or "Metal Energy") is pleased to provide an update on its exploration plans at its Highland Valley Project ("Highland Valley" or the "Pr ...
Kenorland, Auranova launch phase-two drill programme at South Uchi project
Yahoo Finance· 2025-10-08 09:35
Kenorland Minerals has announced the initiation of the phase-two diamond drill programme at the South Uchi project, which is held under an option agreement with Auranova Resources, in the Red Lake District in Ontario, Canada. This fall (September–November) 2025 exploration programme, approved by Auranova, will involve up to 6,000m of drilling in around 13 drill-holes in the Papaonga target area. The second phase builds on the success of the initial drilling programme that concluded earlier in 2025. Its ...
Blue Star Gold Announces Option Grants
Newsfile· 2025-10-08 04:56
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that it has granted incentive stock options to purchase a total of 3,200,000 common shares at an exercise price of $0.245 per common share for a period of 5 years to certain directors, officers, consultants and employees in accordance with the provisions of its stock option plan. About Blue Star Gold Corp.Blue Star is a mineral exploration an ...
Surge Battery Metals Announces Clarification on Previously Announced Non-Brokered LIFE Offering
Newsfile· 2025-10-08 00:58
Core Viewpoint - Surge Battery Metals Inc. is conducting a non-brokered private placement offering, aiming to raise up to $5,000,000 through the sale of 20,000,000 units at a price of $0.25 per unit, which will consist of common shares and warrants [1][2] Group 1: Offering Details - The LIFE Offering will consist of 20,000,000 units priced at $0.25 each, with total gross proceeds expected to be $5,000,000 [1] - Each unit includes one common share and one warrant, allowing the holder to purchase an additional common share at $0.40 for three years [1] - 3L Capital Inc. is acting as the financial advisor for this transaction [1] Group 2: Use of Proceeds - Proceeds from the LIFE Offering are intended to meet near-term funding commitments related to a joint venture with Evolution Mining Limited on the Nevada North Lithium Project [2] - The LIFE Offering is not contingent upon the formation of the joint venture; if the JV does not proceed, funds will be allocated for other purposes as outlined in the Amended Offering Document [2] Group 3: Company Overview - Surge Battery Metals is a Canadian mineral exploration company focused on securing domestic lithium supply through the Nevada North Lithium Project, which is essential for electric vehicle production [5] - The company is listed on the TSX Venture Exchange in Canada and the OTCQX Market in the US, positioning it as a key player in lithium exploration [5]
Eloro Resources Ltd. Announces Acquisition of Shares and Warrants of Cartier Silver Corporation
Globenewswire· 2025-10-08 00:13
Core Points - Eloro Resources Ltd. has acquired 4,800,000 units of Cartier Silver Corporation at a price of C$0.125 per unit, totaling C$600,000 [1] - Each unit consists of one common share and one half of a common share purchase warrant, with each full warrant allowing the purchase of an additional common share at C$0.20 for 36 months [1] - Prior to the acquisition, Eloro owned 2,333,000 common shares (4.97% of outstanding shares) and 600,000 warrants [2] - Post-acquisition, Eloro now holds 7,133,000 common shares (12.61% of outstanding shares) and 3,000,000 warrants, representing 17.01% on a partially diluted basis [2] - The acquisition is for investment purposes, with no current plans for further actions regarding the securities [3] Company Overview - Eloro Resources Ltd. is an exploration and mine development company with properties in Bolivia, Peru, and Quebec [6] - The company has an option to acquire a 100% interest in the Iska Iska project, a significant polymetallic epithermal-porphyry complex in Bolivia [6] - Eloro also owns an 82% interest in the La Victoria Gold/Silver Project located in Peru [6]