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Aton Reports Final Results from The Abu Marawat Diamond Drill Programme, Including 39.55 G/T Gold And 161 G/T Silver Over 3.90 Metres from The JVZ Structure, And 9.63 G/T Gold And 86.5 G/T Silver Over 17.70 Metres from the CVZ
Accessnewswire· 2025-10-02 11:05
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / October 2, 2025 / Aton Resources Inc. (TSX-V:AAN) ("Aton" or the "Company") updates investors on the final results from its diamond drilling programme at the Abu Marawat deposit ("Abu Marawat"), located within the retained exploration areas of the Company's Abu Marawat Concession (the "Concession") in the Eastern Desert of Egypt. Highlights: The results from the final 19 holes of the 2024-25 diamond drilling programme at Abu Marawat, AMD-196 to AMD-213, and a ...
Western Exploration Files Amended NI 43-101 Technical Report for the AURA Gold Silver Project
Newsfile· 2025-10-01 21:00
Core Insights - Western Exploration Inc. has filed an amended technical report for the Aura Gold-Silver Project, which includes a revised all-in sustaining cost for the "Base Case" from $1,152 to $1,172 per gold ounce, with no impact on capital costs or economic results [1][5]. Summary by Sections Technical Report Filing - The amended technical report, titled "Preliminary Economic Assessment of the Doby George Deposits and Updated Resource Estimate for the Gravel Creek Gold-Silver Deposits," was filed on SEDAR+ and is effective as of June 17, 2025 [2]. - This report supersedes all previous technical reports for the Aura Project, including the initial technical report dated June 17, 2025 [2]. Economic Assessment - The amended report confirms the economic assessment results from the initial technical report and the previous news releases, with no changes to the underlying inputs or economic outcomes [3][5]. - Key economic metrics for the Doby George 2025 PEA include: - Base Case Gold Price: $2,150 per ounce - Average Annual Operating Cash Flow: $63.3 million - Pre-Tax NCF: $132.4 million - Pre-Tax NPV5: $94.7 million - Pre-Tax IRR: 31.8% [4]. Project Costs - The project capital costs are detailed as follows: - Pre-Production Costs: $127.6 million - LOM Sustaining Costs: $10.5 million [6]. - Operating costs are summarized as: - Total LOM Operating Costs: $253.6 million - Per Tonne Processed: $22.24 [7]. Technical Information - The mineral resource estimate was prepared by qualified persons from RESPEC and KCA, ensuring compliance with NI 43-101 standards [8][9]. - The Aura Project includes three deposits: Doby George, Gravel Creek, and Wood Gulch, located approximately 120 kilometers north of Elko, Nevada [10].
Austral Gold Provides Update on Guanaco Operations
Newsfile· 2025-09-30 23:51
HIGHLIGHTSGuanaco production guidance for 2025 has been revised to 11,000-12,000 GEOs (previously 14,000-16,000 GEOs).Guanaco is currently operating only the heap leach circuit; the agitation leach circuit remains temporarily offline following the workplace fatality reported on 26 August 2025.To date, approximately US$1.3 million in proceeds have been generated from the partial sale of Austral's equity portfolio to support cash flow needs.Sydney, Australia--(Newsfile Corp. - September 30, 2025) - Austral G ...
FAIRCHILD TO ACQUIRE 100% OF ADVANCED STAGE GOLDEN ARROW PROJECT FURTHER EXPANDING ITS FOOTPRINT ON THE WALKER LANE SHEAR ZONE REGION OF NEVADA
Globenewswire· 2025-09-29 20:12
Core Viewpoint - Fairchild Gold Corp. has entered into a Memorandum of Understanding with Emergent Metals Corp. to acquire a 100% interest in the Golden Arrow Project, a strategically located gold and silver property in Nevada [1][12]. Project Overview - The Golden Arrow Project is an advanced-stage gold-silver project located approximately 40 miles east of Tonopah, Nevada, near the Round Mountain gold mine, which has produced over 15 million ounces of gold [2]. - The project encompasses two principal resource areas, Gold Coin and Hidden Hill, with a combined measured and indicated resource of 12,172,000 tons averaging 0.024 oz/ton Au and 0.33 oz/ton Ag, yielding 296,500 oz Au and 4,008,000 oz Ag [8]. Resource and Exploration Potential - The project exhibits epithermal-style gold-silver mineralization with favorable structural controls for both bulk disseminated and higher-grade vein systems, along with multiple untested large target areas [4]. - Additional geological mapping, sampling, and geophysical analyses are planned to search for new gold-mineralized rock bodies and expand historical resources [3]. Technical Advisory Board Expansion - Guy Lauzier has been appointed as Technical Director for the Golden Arrow Project, bringing decades of experience from major mining companies [6]. Transaction Details - The acquisition involves a purchase price of US$250,000 upon signing, US$350,000 upon TSX Venture Exchange approval, issuance of 12.5 million common shares, and a senior secured note with a face value of US$3.5 million [12]. - The note carries an interest rate of 8.5% and is secured solely by the Golden Arrow Project [12]. Strategic Importance - The acquisition of the Golden Arrow Project is seen as a strategic step for Fairchild to build a world-class portfolio focused on Nevada, leveraging the project's resource potential and exploration upside [9].
Globex’s Gold/Silver Exploration Property in Nevada
Globenewswire· 2025-09-26 13:00
Core Viewpoint - Globex Mining Enterprises Inc. has announced the staking of 16 unpatented lode claims covering 133.78 hectares in Clark County, Nevada, with significant assay results indicating high-grade silver and gold mineralization [1][15]. Group 1: Project Overview - The Red Star Project encompasses two epithermal quartz vein systems: the Red Star vein system, over 2 km long, and the 470 m long segment of the Double Standard vein system, located 2.5 km south of Red Star [2][3]. - Initial fieldwork has included geological mapping and the collection of 65 rock samples, primarily from the Red Star vein [4][15]. Group 2: Historical Context - Prospecting in the Crescent Mining district began around 1894, with significant activity occurring from 1905 to 1907, but no major discoveries were made until the revival of metal mining in 1936 due to rising precious metal prices [3]. - The Red Star vein system has historical mining activity dating back to 1907-1914, with previous operations by the Red Star Mines Company [3]. Group 3: Geological Characteristics - The Red Star vein system trends approximately 100° with an average dip of 55°N, extending over a lateral distance of 2000 m, likely continuing under sedimentary and volcanic rock cover [5]. - The Double Standard vein system averages 105° in strike and 70° in dip, with a traceable length of 470 m [6]. Group 4: Mineralization and Assay Results - Three multi-quartz-generation pulses of epithermal mineralization have been identified, with significant assay results from various samples, including up to 1,171 g/t silver and 11.5 g/t gold [1][7][8]. - Notable assay results from the Red Star vein include samples yielding gold equivalent values of 20.4 g/t and 11.42 g/t, among others [10][11]. Group 5: Analytical Methods - Samples were analyzed at American Assay Laboratories in Sparks, Nevada, using ISO 17025 certified methods, including ICP-OES and fire assay techniques for gold and silver [15].
Globex's Gold/Silver Exploration Property in Nevada
Globenewswire· 2025-09-26 13:00
Core Viewpoint - Globex Mining Enterprises Inc. has announced the staking of 16 unpatented lode claims covering 133.78 hectares in Clark County, Nevada, with significant assay results indicating high-grade silver and gold mineralization [1][2]. Group 1: Project Overview - The Red Star Project encompasses two epithermal quartz vein systems: the over 2 km long Red Star vein system and the 470m long segment of the Double Standard vein system, located 2.5 km south of the Red Star vein [2]. - Initial fieldwork has included geological mapping and the collection of 65 rock samples, primarily grab and linear chip samples, from the Red Star property [4][17]. Group 2: Historical Context - Prospecting in the Crescent Mining district began around 1894, with significant activity occurring from 1905 to 1907, but no major discoveries were made until the revival of metal mining in 1936 due to rising precious metal prices [3]. - The Red Star vein system has historical mining activity dating back to 1907-1914, with previous operations by the Red Star Mines Company [3]. Group 3: Geological Features - The Red Star vein system trends approximately 100° with an average dip of 55°N, extending over a lateral distance of 2000 m, likely continuing under sedimentary and volcanic rock cover [5]. - The Double Standard vein system averages 105° in strike and 70° in dip, with a traceable length of 470 m [6]. Group 4: Mineralization and Assay Results - The project exhibits epithermal mineralization of low- and intermediate sulfidation types, with significant assay results from various pulses indicating high gold and silver values [7][8][9]. - Notable assay results include up to 1,171 g/t silver and 11.5 g/t gold from grab samples, with various samples yielding gold equivalent values ranging from 0.245 g/t to 20.4 g/t [10][11]. Group 5: Analytical Methods - Samples were analyzed at American Assay Laboratories in Sparks, Nevada, using ISO 17025 certified methods, including ICP-OES and fire assay techniques for gold and silver [17].
Arizona Gold & Silver Announces Exploration Plan For Silverton Gold-Antimony Project, Nye County, Nevada
Thenewswire· 2025-09-24 14:30
Core Insights - Arizona Gold & Silver Inc. is advancing the Silverton gold-antimony project in Nye County, Nevada, due to favorable market conditions for antimony and government support for its development [1][2] Antimony Market Context - Antimony is currently priced at US$57.50 per pound and is classified as a critical mineral by the US government for defense purposes, prompting a reassessment of the Silverton property's antimony occurrences [2] Silverton Project Details - The Silverton property has a database of over 2000 rock samples, with more than 25 samples containing over 1% antimony and 217 samples exceeding 200 ppm [3][4] - Historical drilling by Newcrest Resources identified significant antimony values, including a notable intersection of 20 feet at over 1% Sb [6] Drilling Program - The company has received approval for a drilling program consisting of 27 reverse circulation drill holes, with 24 holes targeting quartz-antimony veins and 3 holes testing a nearby MT anomaly [10][11] - The drilling program is aimed at confirming the potential for a near-surface deposit of high-grade antimony [10] Future Plans - Arizona Gold & Silver Inc. plans to consider joint venture proposals to explore the antimony-gold and MT targets while focusing on advancing its Philadelphia gold project in Arizona [12]
T2 Metals Commences Exploration at Shanghai Gold-Silver Project in Yukon's Tombstone Gold Belt
Newsfile· 2025-09-24 12:00
Core Viewpoint - T2 Metals Corp has initiated exploration activities at the Shanghai gold-silver project located in Yukon's Tombstone Gold Belt, targeting high-priority gold and silver anomalies to leverage the geological potential of the area [1][2]. Group 1: Project Overview - The Shanghai project spans 27.4 square kilometers and is strategically located 12 km west of Hecla Mining's Keno Hill silver mine, amidst several other significant gold deposits [1][2]. - The Tombstone Gold Belt is recognized as one of North America's most active mining districts, with recent exploration efforts indicating potential for major gold discoveries [2][19]. Group 2: Exploration Activities - The initial field program will utilize a helicopter-supported team to collect rock chip and soil samples around previously identified geochemical anomalies [4]. - Historical workings targeting high-grade silver-base metal veins will also be sampled, with notable past results including 9.1 m at 1182.8 g/t Ag, 8.2% Pb, and 7.2% Zn [5][18]. Group 3: Target Areas - Exploration will focus on two main zones: Zone 1, which includes the Keno Hill Quartzite and historical silver mine workings, and Zone 2, which shows multi-element and gold soil anomalies suggesting intrusion-related gold mineralization [7][10]. - Historical trenching has revealed high-grade mineralization, with samples showing 1.1 oz/t Au and 790.5 oz/t Ag, indicating significant potential for Keno Hill-style polymetallic mineralization [9][8]. Group 4: Infrastructure and Logistics - The proximity of the Shanghai project to existing infrastructure and other mining operations facilitates efficient exploration logistics, with a Class 3 permit already in place for immediate drilling and camp establishment [6][4]. - The project is held under an option agreement with noted explorer Shawn Ryan, enhancing its credibility and potential for discovery [6][28].
Silver Bullet Mines to Start Phase Two Development at Washington Mine Including Mill Evaluation
Newsfile· 2025-09-24 12:00
Core Viewpoint - Silver Bullet Mines Corp. is initiating Phase Two of its development program at the Washington Mine following a successful summer exploration program, indicating strong potential for both near-term processing and long-term mining operations [1][2]. Phase One Summary - Phase One involved the completion of a 12 foot x 12 foot adit for access to multiple mineralized zones and the establishment of underground drill stations to define the geometry of these zones [2]. - Detailed surface exploration during Phase One identified multiple gold and silver targets, including the Berger and Lindgren Veins, and the site of the original discovery from the 1890s [3]. Phase Two Development - Phase Two will include opening the recently discovered Subrosa Adit and mining a bulk sample, which is believed to contain significant high-grade silver and gold [5]. - A key component of Phase Two is the processing of mined material, with the company evaluating a proposal from a local mill and considering the installation of a modular mill on-site [6]. Future Steps - After processing the bulk sample and receiving lab results, the company plans to open the Washington silver/gold zone and access the Berger Vein [7]. Other Developments - In Arizona, the company is awaiting results from a third-party multi-element analysis on concentrate from the Super Champ Mine, which will facilitate the sales process with a previously identified buyer [9]. - The company has granted 4,000,000 stock options to officers, directors, and consultants, which vest immediately and are exercisable at $0.30 [9].
Tolmer Soil Assays Indicate Extensions & New Targets
Accessnewswire· 2025-09-24 00:50
Core Insights - The Tolmer discovery hole reported the 5th highest-grade silver intersection globally during H1 2025, with an interval of 6m at 4,747 g/t Ag from a depth of only 46m [1] - Recent drilling confirmed extensions of high-grade silver (approximately 200 - 4,750 g/t Ag) in the 'western silver zone', alongside the emergence of high-grade gold (5 - 50 g/t Au) [1] - New soil assays indicate a potential northwest-southeast orientation of mineralization and confirm broad surface anomalism for gold (Au), silver (Ag), and lead (Pb) across Tolmer, suggesting material extensions of mineralization in the 'western silver zone' [1] Company Developments - Assays for 595.3m of oriented diamond drilling at Tolmer are pending, with results expected in early November to inform structural interpretation and follow-up targeting [1] - New assay results from ultrafine soil sampling programs at the Tolmer and Black Oak Tank prospects indicate potential for extensions of the high-grade 'western silver zone' and new targets between the 'western silver zone' and the 'eastern gold zone' [1] - At Black Oak Tank, soil assays suggest potential for interpreted structures to host continuous gold mineralization [1]