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Amarc Confirms Discovery of Third New Porphyry Copper-Gold System at JOY
Accessnewswire· 2026-02-19 12:45
Core Insights - A new porphyry copper-gold district is emerging at JOY, with significant potential in the Toodoggone area [1] - Amarc Resources Ltd. has announced assay results from the TWINS Discovery, located approximately 17 km southeast of the AuRORA Deposit [1] Company Developments - Amarc Resources Ltd. is actively exploring and developing its mineral properties, focusing on copper and gold resources [1] - The TWINS Discovery is part of a broader strategy to identify and capitalize on new mineral deposits in the region [1] Industry Context - The discovery of new copper-gold districts is critical for meeting the increasing global demand for these metals, driven by various industries including technology and renewable energy [1] - The Toodoggone area is gaining attention for its geological potential, which may lead to further exploration and investment opportunities [1]
Sendero Resources Compelling Copper and Gold Drill targets on Trend with Filo Del Sol & Josemaria in the heart of the Vicuna Belt
Thenewswire· 2026-02-17 13:50
Core Viewpoint - Sendero Resources Corp. is highlighting the geological characteristics of its Peñas Negras Project in Argentina, which align with large-scale magmatic-hydrothermal systems found in the Vicuña Copper-Gold Belt, indicating significant exploration potential [1][21]. Geological Characteristics - The Peñas Negras Project is situated within the Miocene Andean magmatic arc, known for its metal-fertile intrusive activity and large hydrothermal footprints typical of world-class geological environments [3][20]. - The project exhibits features consistent with a large-scale mineralizing system rather than an isolated prospect, including widespread hydrothermal alteration and multiple intrusive phases [4][5]. System Comparison - Peñas Negras shares geological characteristics with major deposits in the Vicuña Belt, such as Miocene age magmatism, Andean arc setting, and porphyry-style alteration [5][20]. - The project shows early-stage porphyry architecture indicators and a broad alteration footprint, suggesting potential for significant mineralization [5][6]. Historical Exploration and Drilling Results - Historical exploration has involved approximately 15,875 meters of drilling across 80 holes, revealing significant copper and gold mineralization extending to depth [8][12]. - Notable drill results include: - Hole PNDH-001: 226 meters grading 0.22 g/t AuEq from surface - Hole PNDH-003: 256 meters grading 0.53 g/t AuEq from 84 meters - Hole PNDH-006: 364.2 meters grading 0.51 g/t AuEq from 33.8 meters [11]. Exploration Strategy - The company's exploration strategy focuses on testing the ENE-trending Mogotes fault, with a fully funded drill program planned to advance the area of interest and define structural traps and extended mineralization [15][20]. - The program aims to delineate Cu–Au and associated pathfinder element anomalies and alteration patterns across the property [15]. Strategic Positioning - Sendero Resources controls a strategic structural corridor within the Vicuña Belt, which is recognized as a significant emerging copper-gold district globally [21][22]. - The Peñas Negras Project is positioned approximately 18 km southeast of the Caserones mine and near other significant projects, enhancing its exploration potential [22].
Shallow High-Grade Cu-Au Results Continue at La Verde
Prnewswire· 2026-02-16 13:30
Core Highlights - Hot Chili Limited announced strong drill results from its La Verde copper-gold porphyry discovery, located 30 km south of the Costa Fuego project in Chile's Atacama region [1] - Significant intersections include DKD036 recording 150 m grading 0.52% CuEq (0.37% Cu, 0.21 g/t Au) from 30 m depth and DKD035 recording 220 m grading 0.47% CuEq (0.37% Cu, 0.14 g/t Au) from 38 m depth [1][2] - The results indicate a higher-grade, near-surface copper-gold zone, which is expected to contribute positively to the financial metrics of Hot Chili's March 2025 Pre-Feasibility Study [1] Drill Results - DKD036 includes 38 m grading 0.70% CuEq (0.55% Cu, 0.21 g/t Au) from 117 m depth [1] - DKD035 includes 68 m grading 0.64% CuEq (0.52% Cu, 0.15 g/t Au) from 187 m depth [1] - The latest results are located up-dip from previously reported intersections, indicating potential for further resource expansion [1] Mineralisation and Recovery - Visual estimates from drillhole DKD039 show strong copper porphyry-style mineralisation with chalcopyrite abundance estimated to average greater than 1% [1] - Initial metallurgical testwork indicates recoveries of 83% Cu, 56% Au, 83% Mo, and 37% Ag, similar to those recorded at Costa Fuego [1] - The copper equivalent (CuEq) formula used for calculations incorporates various metal prices, including Cu at 4.50 USD/lb and Au at 3,150 USD/oz [1][2] Future Plans - The company plans to expand its Phase two drill program, with a second drill rig expected to commence shortly [1] - Further exploration activities are aimed at extending the mineralised footprint at La Verde, with drilling having commenced on September 22, 2025 [2]
Aeris Resources plans full takeover of Peel Mining
Yahoo Finance· 2026-02-13 15:42
Aeris Resources has announced a binding scheme of arrangement to acquire full ownership of Peel Mining’s issued capital. This move is aimed at extending the life of Aeris' Tritton Operations. Peel Mining’s Board of Directors has unanimously recommended the transaction. The acquisition involves merging Aeris’ Tritton Operations with Peel’s Mallee Bull and Wirlong copper projects, creating a diversified copper mining hub projected to extend Tritton’s mine life by more than a decade. This initiative is e ...
ATEX Extends High-Grade Breccia Mineralization by 100 Meters to the North at the B2B Zone
TMX Newsfile· 2026-02-12 12:00
Core Insights - ATEX Resources Inc. has reported significant drilling results from the Valeriano Copper-Gold Project, highlighting a high-grade interval of 56 meters at 2.36% CuEq within a broader interval of 592 meters at 1.04% CuEq, extending the high-grade core of the B2B Zone by approximately 100 meters to the north [1][6][3] Drilling Program Update - The Phase VI drill program is progressing ahead of schedule, with six diamond rigs having completed 19,800 meters, representing 80% of the targeted 25,000 meters [1][10] - Current drilling is focused on the B2B Zone, with follow-up drilling targeting extensions to the north and south [3][6] Technical Results - Hole ATXD32 intersected 56 meters of 2.36% CuEq (1.49% Cu, 0.78 g/t Au, 4.9 g/t Ag, 20.6 g/t Mo) within a broader interval of 592 meters at 1.04% CuEq (0.69% Cu, 0.29 g/t Au, 1.6 g/t Ag, 105.5 g/t Mo) [6][5] - Hole ATXD26B defined long high-grade intervals, intersecting 186 meters of 2.15% CuEq (1.33% Cu, 0.72 g/t Au, 4.0 g/t Ag, 80.8 g/t Mo) within a broader interval of 887 meters at 1.06% CuEq (0.65% Cu, 0.35 g/t Au, 2.1 g/t Ag, 87.6 g/t Mo) [6][5] Future Exploration - Follow-up drilling is targeting an area approximately 350 meters long by over 200 meters wide to further explore the B2B Zone [6][3] - The drilling program aims to test additional high-grade breccia targets nearby, with ongoing assays expected to provide further insights [10][11]
Western Copper and Gold Announces C$50 Million Bought Deal Financing
Prnewswire· 2026-02-11 21:33
Western Copper and Gold Announces C$50 Million Bought Deal Financing [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 11, 2026 /PRNewswire/ - Western Copper and Gold Corporation (TSX: WRN) (NYSE: WRN) (the "Company") is pleased to announce it has entered into an agreement with Stifel Canada, on its own behalf and on behalf of a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 12,048,400 common shares of the Compan ...
SSR Mining Announces Results of the Hod Maden Technical Report Summary With $1.66B NPV5% and 39% IRR
Businesswire· 2026-01-29 23:00
Core Viewpoint - SSR Mining Inc. has completed a Technical Report Summary for the Hod Maden project, confirming it as a high-return undeveloped copper-gold project [1]. Group 1: Project Overview - The Hod Maden project is located in northeastern Türkiye [1]. - The 2025 Hod Maden TRS indicates that the project is projected to be one of the highest returning undeveloped copper-gold projects [1].
Kodiak Files NI 43-101 Technical Report: Initial Mineral Resource Estimate at the MPD Copper-Gold Project
TMX Newsfile· 2026-01-23 14:00
Core Insights - Kodiak Copper Corp. has filed an independent technical report on its MPD copper-gold project, supporting the initial Mineral Resource estimate [1][2] Mineral Resource Estimate - The initial Mineral Resource estimate (MRE) includes seven deposits: West, Adit, South, Gate, Ketchan, Man, and Dillard [2] - Total Indicated Mineral Resource is 82.9 million tonnes (Mt) grading 0.39% copper equivalent (CuEq), equating to 519 million pounds (Mlb) of copper and 0.39 million ounces (Moz) of gold [2][3] - Total Inferred Mineral Resource is 356.3 million tonnes (Mt) grading 0.32% CuEq, which corresponds to 1,889 million pounds (Mlb) of copper and 1.28 million ounces (Moz) of gold [2][3] - The MRE is defined using a cut-off grade of 0.2% CuEq, with sensitivity cases indicating higher tonnages and metal contents at lower cut-off grades [2][12] Future Plans and Exploration - Kodiak plans to focus on resource growth in 2026, including testing underexplored targets on the MPD property [2][16] - Key upcoming activities include metallurgical test results, soil results, resource expansion drilling, and exploration drilling starting in Q2 2026 [16] Technical Details - The effective date for the reported MRE is December 9, 2025 [3] - The MRE was prepared in accordance with National Instrument 43-101 standards, with contributions from independent Qualified Persons [17][18] Market Context - Kodiak Copper is advancing its copper porphyry projects in Canada and the USA, with the MPD project located in a well-established mining region [20] - The project exhibits characteristics of a large, multi-centered porphyry district, indicating potential for future economic development [20]
ATEX Further Consolidates World-Class Porphyry District
TMX Newsfile· 2026-01-22 21:54
Core Viewpoint - ATEX Resources Inc. has strategically expanded its land package adjacent to the Valeriano project in Chile, enhancing its exploration potential with the acquisition of the Nuevo Horizonte claims, which include two defined porphyry targets, Pachuy and Chollay [1][3]. Group 1: Land Acquisition and Expansion - The Nuevo Horizonte claims cover over 8,600 hectares and are adjacent to the Valeriano property, increasing ATEX's total land position in the district to approximately 25,000 hectares [2][5]. - The acquisition of the Nuevo Horizonte claims has expanded ATEX's exploration holdings around Valeriano by over 50%, from approximately 16,500 hectares to 25,000 hectares [6]. Group 2: Exploration Potential - The new targets, Pachuy and Chollay, exhibit structural similarities to Valeriano and are expected to provide significant opportunities for copper-gold exploration, with potential for deeper drilling targets [5][6]. - Historical exploration at the Pachuy target has intersected high-grade mineralization within 350 meters of the surface, indicating the presence of a porphyry system [3][6]. - Surface geochemistry and mapping at the Chollay target suggest a Valeriano-style system that has yet to be tested with drilling [6]. Group 3: Strategic Objectives - The addition of the Nuevo Horizonte claims aligns with ATEX's strategic objectives, enhancing the company's position in a highly prospective district that includes significant projects from major mining companies [1][3]. - The company aims to advance the new targets to drill status in the coming months and years, leveraging existing camp and infrastructure at Valeriano [3].
Atico Reports 2025 Fourth Quarter and Full Year Production Results
Globenewswire· 2026-01-22 21:30
Core Insights - Atico Mining Corporation reported operational results for Q4 2025 and the full year, highlighting production of 2.6 million pounds of copper and 2,203 ounces of gold in Q4, with total production for 2025 reaching 9.2 million pounds of copper and 8,013 ounces of gold [1][2] Production Highlights - Q4 2025 copper production was 2.6 million pounds, a decrease of 30% compared to Q4 2024, while gold production increased by 10% to 2,203 ounces [7] - For the full year 2025, copper production totaled 9.23 million pounds, down 32% from 2024, and gold production was 8,013 ounces, a decrease of 12% [7] - Average processed tonnes per day in Q4 2025 were 823, showing no significant change from Q4 2024, while the full year average was 790, a decrease of 5% from 2024 [7] Grade and Recovery Metrics - Copper head grade in Q4 2025 was 2.03%, a decrease of 23% from Q4 2024, while gold head grade increased by 19% to 1.61 grams per tonne [7] - Recovery rates for copper and gold in Q4 2025 were 90.2% and 66.0%, respectively, with a 2% decrease for copper and no significant change for gold compared to Q4 2024 [7] Future Outlook - The company anticipates continued improvements in performance for 2026, with expected copper production between 11,500 to 12,500 thousand pounds and gold production between 9,000 to 10,000 ounces [11] - Significant resources will be allocated to in-mine and near-mine drilling to delineate deposits and extend the life-of-mine, particularly at the El Roble mine [2][12] - The La Plata project in Ecuador is progressing towards a positive construction decision targeted for Q2-Q3 2026 [2]