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Rackla Metals is Pleased to Provide an Update on Drilling at Grad and Other Developments on Property Holdings in the NWT
Thenewswire· 2025-08-19 11:00
Core Viewpoint - Rackla Metals Inc. is making significant progress in its 2025 exploration program in western Northwest Territories, increasing its drill plan by 25% to 5,000 meters due to positive findings in drill core and surface work [1]. Group 1: Exploration Progress - As of August 18th, over 3,100 meters have been drilled with 7 holes completed, covering an area of 500 x 300 x 550 meters [2]. - All drilled holes have intersected a consistent set of sheeted quartz/sulphide+tourmaline veins, with a notable zone of intense quartz and quartz-tourmaline veining and elevated bismuth content observed in holes G25-004 and G25-005 [3][6]. - The mineralized zone shows good continuity and appears robust, with increasing strength and width as the intercepts get deeper [3]. Group 2: Current Drilling and Results - The current drill hole G25-008 is targeting the same mineralized zone as previous holes, with a target depth of 500 meters [6]. - Samples from holes G25-001 through G25-007 have been submitted to the lab, with results from the first three holes expected within the coming week [8]. - A steady flow of results is anticipated following the initial findings [8]. Group 3: Geological Insights - Recent mapping indicates a metal zonation, with the ridge top being arsenic-rich and the lower ridges being bismuth-rich, suggesting minimal erosion in the area [10]. - The exploration is based on the Reduced Intrusion-Related Gold System model, indicating potential for significant mineral discoveries [10]. Group 4: Community Engagement - The company is working in consultation with the Sahtu Dene and Métis communities, emphasizing the importance of maintaining collaborative relationships as exploration advances [14]. Group 5: Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems in underexplored regions of eastern Yukon and western Northwest Territories [16].
Thunder Gold Corp Engages Alliance Advisors IR for Investor Relations Services
Newsfile· 2025-08-14 20:30
Core Viewpoint - Thunder Gold Corp has engaged Alliance Advisors for investor relations services to enhance communication with investors and promote the potential of its Tower Mountain gold property [2][4]. Group 1: Company Overview - Thunder Gold Corp, previously known as White Metal Resources, is a junior exploration company focused on the Tower Mountain gold property located 45 kilometers west of Thunder Bay, Ontario [4]. - The company aims to strengthen investor relationships and showcase its project portfolio through strategic communication [2]. Group 2: Partnership Details - The agreement with Alliance Advisors is for an initial period of three months, with a total fee of CAD 22,500 for investor relations and communications services [2]. - Services provided by Alliance include managing public relations, social media, and stakeholder relations, with the agreement set to end on November 15, 2025 [2]. Group 3: Alliance Advisors Overview - Alliance Advisors is a firm that implements strategic investor relations programs tailored to client needs across various sectors, helping clients navigate complex markets and enhance shareholder engagement [5]. - The firm operates in both the U.S. and Canada and is recognized for its expertise in shareholder engagement and governance advisory [5].
Mines d'Or Orbec Appoints Jean-David Moore to Advisory Role
Newsfile· 2025-08-11 11:00
Company Overview - Mines D'Or Orbec Inc. is a gold exploration company that controls 100% of a significant land position near the Chapais-Chibougamau gold district in Quebec, covering approximately 51,000 hectares [5] - The project is strategically located near major regional trends associated with IAMGOLD's Nelligan, Northern Superior Resources Lac Surprise, and Monster Lake, providing excellent access [5] Appointment of Advisory Role - Mr. Jean-David Moore has been appointed to an advisory role within the company, bringing over 20 years of experience in mineral exploration and development [1][2] - He holds equity positions in more than 50 junior mining companies across Quebec and Canada, including over 7,000,000 shares of Orbec [2] Mr. Moore's Background - Mr. Moore serves as a director for several companies, including Bullion Gold Resources Corp. and Dios Exploration Inc., and has a strong background in forestry engineering with over 80 published scientific papers [3][4] - His extensive industry knowledge and investment insight are expected to benefit Orbec significantly [4]
Rackla Metals Provides Update on Continuing Drilling at Grad Property, NWT
Thenewswire· 2025-08-07 11:00
Vancouver, British Columbia – TheNewswire - August 7, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the "Company") is pleased to announce that the Company is making good progress on its 2025 exploration program in western NWT, including the planned 4,000 drill program on the Grad property. As of August 5, 2,058 m have been drilled with 5 holes completed and hole G25-006 currently underway. With a single drill rig on the property, we are averaging approximately 50m per shift (100m per day) with the rig turning 24/ ...
E2Gold Asserts Exploits Discovery Breached NDA Agreement; E2 Assessing All Options
Newsfile· 2025-07-28 12:30
Core Viewpoint - E2Gold Inc. claims that Exploits Discovery Corp. breached a non-disclosure agreement (NDA) by optioning the Hawkins property from Pavey Ark Minerals, and is pursuing remedies including unwinding the agreement or seeking compensation [1][2]. Group 1: NDA Breach Details - The NDA prohibited Exploits from acquiring any interest in claims within 2 km of E2Gold's existing mineral properties for a period of 2 years, which has not yet elapsed since the agreement [2]. - Exploits announced the optioning of the Hawkins property on May 13, 2025, which is before the 2-year anniversary date of March 24, 2027 [2]. Group 2: Company Response and Strategy - E2Gold's President and CEO, Eric Owens, emphasized that the actions of Exploits are contrary to the essence of the NDA, indicating a lack of forthrightness [2]. - The company is reviewing its business strategies and exploring alternative project opportunities, including potential merger and acquisition scenarios [2]. Group 3: Company Background - E2Gold Inc. is a Canadian gold exploration company with a 541 claim exploration property located adjacent to the Hawkins Property, situated in north-central Ontario, approximately 140 km east of the Hemlo Gold Mine [3].
Red Pine Completes 2024–25 Drilling Program & Initiates Preliminary Economic Assessment Work at Wawa Gold Project
Globenewswire· 2025-07-23 11:45
Core Insights - Red Pine Exploration Inc. has completed its 2024-25 drilling program at the Wawa Gold Project, consisting of 69 drill holes totaling 24,574.5 meters [1][4] - The drilling program achieved its primary goals of expanding the size potential of the Wawa gold deposit and better defining near-surface mineralization [2][4] - Preliminary Economic Assessment (PEA) work has commenced, with expectations to complete it in early H1 2026 [3][5] Drilling Program Details - The drilling program included 25,000 meters planned, with significant results such as 45.38 grams per tonne of gold over 3.13 meters core length [8] - Additional notable assay results include 1.86 g/t Au over 19.09 meters and 14.51 g/t Au over 4.81 meters [8] - A newly discovered gold zone at depth could extend over 940 meters [8] Ongoing Activities - The company is conducting technical and baseline studies to support operational design and permitting, including metallurgical testing and geotechnical work [6] - An environmental and permitting consultant with over 25 years of experience has been engaged to assist in the permitting process [6][8] - The company is fully funded to complete the PEA and commence baseline studies following a successful financing completed on July 9, 2025 [6][8] Quality Assurance Measures - Red Pine implements a QA/QC program that includes inserting external gold standards and blanks every 20 samples [10] - Quarter-core duplicates are routinely taken to evaluate the natural variability of gold mineralization [10] - Approximately 5% of the pulps and coarse rejects analyzed are sent for umpire testing at Agat Laboratories [10] Company Overview - Red Pine Exploration Inc. is a gold exploration company based in Toronto, Ontario, with shares trading on the TSX Venture Exchange and OTCQB Markets [12] - The Wawa Gold Project is located in the Michipicoten Greenstone Belt, an area with significant historical gold mining activity [13]
Avanti Gold Corp. Appoints Martin Pawlitschek, as Non Executive Director of the Board
Newsfile· 2025-07-23 11:30
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2025) - AVANTI GOLD CORP. (CSE: AGC) (the "Company") is pleased to announce it has appointed Martin Pawlitschek as a Director of the Board of the Company. Martin is a geologist and mining executive with over 30 years of international experience in mineral exploration, resource development and mining investment with significant experience in the mining sector in Africa and brings a wealth of experience that will help propel the growth of the Company. "W ...
Pelangio Exploration Announces Drone Survey Underway at Manfo and Nkosuo
Newsfile· 2025-07-16 21:02
Core Insights - Pelangio Exploration Inc. is conducting a high-resolution UAV aeromagnetic survey covering 900 line-kilometers with 50-meter spacing, aimed at enhancing geological interpretation and target ranking for drill testing [1][2] - The survey is approximately 45% completed and is expected to significantly assist in the exploration of the Nkosuo Mining Lease and the broader Manfo project area [1][2] - The company is nearing the completion of an updated Mineral Resource Estimate for the Manfo project, with plans to release it within the current quarter [2] Company Overview - Pelangio Exploration focuses on acquiring and exploring land packages in gold-rich regions, specifically in Ghana and Canada [6] - The company holds two 100% owned properties in Ghana: the 106 km² Manfo property, which has eight near-surface gold discoveries, and the 280 km² Obuasi property, adjacent to AngloGold Ashanti's high-grade Obuasi Mine [6]
Loncor Gold Provides Corporate Update
Newsfile· 2025-07-14 11:00
Core Viewpoint - Loncor Gold Inc. has established a Special Committee of independent directors to review an unsolicited, non-binding offer for a potential transaction, with no assurance that a transaction will occur [1] Group 1: Company Overview - Loncor Gold Inc. is a Canadian gold exploration company focused on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo (DRC) [3] - The company has a growing resource base, particularly at the Imbo Project, which includes the Adumbi deposit with an indicated mineral resource of 1.88 million ounces of gold (28.185 million tonnes grading 2.08 g/t gold) and an inferred mineral resource of 2.090 million ounces of gold (22.508 million tonnes grading 2.89 g/t Au) [3] - 84.68% of these resources are attributable to Loncor [3] Group 2: Special Committee Formation - The Special Committee is tasked with independently reviewing the potential transaction and considering alternative transactions, if advisable [1] - The committee is composed of independent directors: Kevin R. Baker K.C. (Chair), Richard J. Lachcik, and William R. Wilson [1] Group 3: Future Updates - The company will provide further corporate updates as circumstances warrant and in accordance with applicable securities laws [2]
Rackla Metals reports drilling has commenced at BiTe and provides initial core observations
Thenewswire· 2025-07-14 11:00
Core Insights - Rackla Metals Inc. has commenced drilling at the BiTe zone on the Grad property in Northwest Territories, Canada, indicating a significant step in their exploration efforts [1][10]. Exploration Details - The Grad property was staked in July 2024, revealing strong gold mineralization and significant sheeted veining, which suggests the presence of a Reduced Intrusion-related Gold Systems (RIRGS) occurrence [2]. - A 4,000m diamond drill program has been initiated to test the gold system, with three drill pads prepared to test 300m of the zone [2][3]. - The first drill hole (G25-001) has reached a depth of 208m, while the second hole (G25-002) is currently being drilled at 48m, showing consistent sheeted veining with an average density of 5 to 10 veins per meter [5]. Geological Findings - The core samples from the drilling show bismuth sulphides, chalcopyrite, and pyrrhotite, with sections of strongly sericitized quartz diorite containing 5% disseminated bismuth sulphides [5][6]. - A team of mountaineering geologists is conducting high-angle sampling to confirm the vertical continuity of the gold-bearing system up to 350m above the drill site [9]. Permits and Support - The Grad Project is fully permitted for the 2025 exploration season, having obtained a five-year Type A Land Use Permit from the Sahtu Land and Water Board [10]. - All necessary contracts are in place to support the exploration program, with various service providers engaged to assist [12]. Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, Canada, targeting RIRGS mineralization in the underexplored southeastern part of the Tombstone Gold Belt [14].