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North Bay Resources Announces Assay of 6.62 Ounces per Ton Gold, Fran Gold Project, British Columbia
Globenewswire· 2025-11-04 14:00
BISHOP, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce a weighted average of 3.38 ounces per ton gold from the maiden ore shipment at Fran Gold Project, British Columbia. The result now includes an assay of 6.62 ounces per ton gold. As previously announced (see Press Release October 27, 2025) this sample (25FRTB-5) reached the limit of detection and was re-assayed using ALS Global method Au-GRA21. Four samples of ~5lbs ea ...
Nicola Mining Provides Update on Dominion Gold Project
Newsfile· 2025-11-04 14:00
Core Insights - Nicola Mining Inc. has completed its work at the Dominion project for 2025 and has finished all mine development for a 10,000 bulk sample, which is set to recommence in July 2026 [1] - The company initially planned to ship up to 2,000 tonnes to the Nicola mill in 2025 but decided to postpone this due to weather conditions that could degrade the haul road [1] Development Phase - The Development Phase began in August after haul road upgrades, including the construction of a landing area for vein extraction [2] - The landing area was lowered by approximately 6 meters to facilitate vein extraction, leading to the discovery of three additional veins during the development [2] Vein Discoveries - The company has identified several veins, including the South Pit Vein, which has expanded to approximately 5 meters in width after extraction efforts [5] - Newly exposed veins include the Mid-West Vein (1 meter wide, exposed over 3 meters), West Vein (3 meters wide, exposed over 6 meters), and 16 East Vein (1.5 meters wide, exposed over 40 meters) [11] Future Prospects - CEO Peter Espig noted that the project is larger than initially anticipated, with five open faces accessible for extraction, providing approximately 6 meters of strike length [12] - The newly exposed veins represent attractive exploration targets as they are open at depth [12] Company Background - Nicola Mining Inc. is a junior mining company that owns a fully permitted mill and tailings facility near Merritt, British Columbia, capable of processing both gold and silver [17] - The company also owns the New Craigmont Project, a high-grade copper property, and the Treasure Mountain Property, which includes 30 mineral claims [19]
Teuton Reports Final Hole Drilled in 2025 at Treaty Creek
Thenewswire· 2025-11-04 13:25
Core Insights - Teuton Resources Corp. reports successful results from the 2025 drill program at the Goldstorm deposit, confirming high-grade mineralization continuity and expanding known zones [1][4][5] Exploration Results - The final drill hole GS-25-191-W1 intersected a northeastward extension of the 300 Horizon Zone, linking mineralized intercepts between the 300H and 300N zones [2][3] - Significant mineralized intercepts include: - 4.12 g/t gold, 16.48 g/t silver, and 0.01% copper over 8.90m in GS-25-191 [3] - 1.63 g/t gold, 4.89 g/t silver, and 0.02% copper over 10.70m, stepping out 52m to the south [3] - 1.88 g/t gold, 1.71 g/t silver, and 0.01% copper over 5.90m, providing continuity between mineralized domains [3][7] 2025 Exploration Program Overview - The program targeted gaps between the 300N and 300H Zones and aimed to identify additional high-grade SC-1 Zone-like structures [4] - Drilling confirmed and expanded several high-grade corridors within and surrounding the 300N and 300H Zones [5] Future Plans - An updated Mineral Resource estimate for Treaty Creek is underway, incorporating approximately 15,000 meters of drill data from 2024 and 2025 [11] - The updated estimate will utilize a smaller block model for better resolution of high-grade gold mineralization, targeted for completion in Q4 2025 [11] - Plans for underground ramp development to access the high-grade SC-1 Zone are contingent on permit approvals, with excavation expected to commence in Q3 2026 [12] Additional Exploration Opportunities - Tudor Gold is assessing opportunities to increase gold Mineral Resources at Treaty Creek in 2026, particularly following up on drill hole PS-23-10 at the Perfectstorm Zone [13]
LaFleur Minerals Provides Update on Confirmation Drilling for PEA at Swanson Gold Deposit and Beacon Gold Mill, Val-d'Or, Québec
Newsfile· 2025-11-04 13:00
Core Viewpoint - LaFleur Minerals is advancing its twinned-hole drilling program at the Swanson Gold Deposit to support a Preliminary Economic Assessment (PEA) for restarting gold production at the Beacon Gold Mill, leveraging high gold prices and historical drilling data to enhance economic viability [1][7][17]. Drilling Program Details - The twinned-hole drilling program will consist of 10 holes aimed at collecting data to confirm the economic viability of a potential open-pit operation, targeting areas near historical drill hole locations [2][3]. - Historical drilling data includes over 36,000 meters from 242 drill holes, with significant high-grade intervals such as 69.3 meters at 3.03 g/t Au and 51.0 meters at 3.46 g/t Au [2][9]. Historical Data Validation - The drilling program aims to validate historical drilling conducted by Lac Minerals, Phoenix Matachewan Mines, and Agnico-Eagle Mines, confirming the continuity of high-grade shear zones and improving the mineral resource estimate [3][6]. - The confirmation drilling will also address gaps in the existing resource model, potentially enhancing the estimate of total gold ounces and reducing the strip ratio [3][6]. Strategic Location and Infrastructure - The proximity of the Swanson Gold Deposit to the Beacon Gold Mill, located in the Abitibi Greenstone Belt, positions the company favorably within a major gold-producing region [4][19]. - The Beacon Gold Mill, a recently modernized facility capable of processing 750 tonnes per day, is undergoing upgrades and repairs to prepare for recommissioning [13][14]. Economic Potential - The current gold price, hovering around US$4,000 per ounce, significantly enhances the economic appeal of restarting the Beacon Gold Mill, offering strong margins and accelerated payback potential [17]. - The company estimates approximately 10,000-20,000 tonnes of mineralized stockpiles available for initial trial runs, which will help fine-tune operations before full production [15][19]. Market Context - Recent regional mergers and acquisitions indicate that major global producers are entering the Val-d'Or camp to secure long-life, low-risk gold assets, validating the strategic importance of LaFleur's projects [15][19]. - The combination of the Beacon Gold Mill and Swanson Gold Project may be undervalued compared to district pricing precedents established through regional M&A activity [15].
ONGold Identifies Pervasive Gold System at TPK Project Intersecting 19.39 g/t Gold over 8.2 m in Gold Ridge Area
Newsfile· 2025-11-04 12:30
ONGold Identifies Pervasive Gold System at TPK Project Intersecting 19.39 g/t Gold over 8.2 m in Gold Ridge AreaNovember 04, 2025 7:30 AM EST | Source: ONGold Resources Ltd.Toronto, Ontario--(Newsfile Corp. - November 4, 2025) - ONGold Resources Ltd. (TSXV: ONAU) (OTCQB: ONGRF) (the "Company" or "ONGold") is extremely pleased to announce initial results from its recent diamond drilling program in the gold ridge area ("Gold Ridge") of the Ti-pi-ha-kaa-ning ("TPK") project located in Northern On ...
QGold Strengthens its Board of Directors with the Appointment of Scott R.G. Parsons
Globenewswire· 2025-11-04 12:30
Core Insights - Q-Gold Resources Ltd. has appointed Scott R.G. Parsons to its Board of Directors, effective immediately, enhancing the board's expertise in mineral exploration and resource development [1][2] - Scott Parsons brings over 20 years of experience in the mining industry, currently serving as Vice President of Exploration at Alamos Gold Inc., and has a strong track record in overseeing successful exploration projects [2][3] - The appointment follows the resignation of Gregory Biniowsky, with the company expressing gratitude for his contributions [4] Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in North America [5] - The company is committed to progressing its flagship Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario towards production [6]
Scottie Resources Intercepts 8.28 g/t Gold over 22.35 m at P-Zone at Scottie Gold Mine Project, BC
Newsfile· 2025-11-04 12:30
Scottie Resources Intercepts 8.28 g/t Gold over 22.35 m at P-Zone at Scottie Gold Mine Project, BCNovember 04, 2025 7:30 AM EST | Source: Scottie Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report new assays from its 2025 drilling of the P-Zone within the Scottie Gold Mine Project. The road-accessible Scottie Gold Mine Project, which includes the 100% ...
Opawica Identifies 10,000m of 25 High Priority Drill Targets on its Arrowhead Property in the Abitibi Gold Belt
Thenewswire· 2025-11-04 12:30
Core Insights - Opawica Explorations Inc. has made significant advancements in its exploration strategy at the Arrowhead Property, located in the Abitibi Gold Belt, a leading gold-producing region [1] - The company has partnered with ALS GoldSpot Discoveries Ltd. to utilize AI technology for identifying 20 high-priority drill-ready zones, enhancing precision in mineral targeting [2] - The initial drill program has successfully encountered gold in every hole, indicating strong potential for the Arrowhead Property [3] Exploration Strategy - The upcoming drill program includes: - Western Zone: 15 drill targets totaling 4,500 meters, focusing on high-grade continuity with 100–300 meter spacing [5] - Eastern Zone: 3 drill holes (2,000 meters) testing a Z-shaped fold hinge zone linked to IP anomalies [5] - Seismic-Based Targets: 2 deep holes (1,000 meters each) based on a 2021 seismic survey [5] - Historic Follow-Up: 4 drill holes (1,500 meters) targeting high-grade historic values near hole 95-04, spaced 50–75 meters [5] - The Arrowhead Property is strategically located adjacent to producing mines, such as Agnico Eagle's LaRonde Complex, which adds to its potential [5] Technological Integration - The collaboration with GoldSpot Discoveries leverages AI and data science to transform the mineral exploration process, integrating extensive geological data for improved targeting [4] - The use of GoldSpot's "Smart Targeting" technology represents a significant innovation in the exploration strategy, promising enhanced accuracy in identifying mineral deposits [2]
Cartier Cuts 111.5 g/t Au over 2.0 m at Contact (Cadillac); Confirms Multiple High-Grade Gold Zones; Extends Drilling at Surface
Globenewswire· 2025-11-04 12:30
VAL-D’OR, Quebec, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce the fourth batch of results from the fully funded 100,000-m drilling program (2 drill rigs) for the Contact Sector and more precisely, the North Contact Zone (NCZ), on its 100%-owned Cadillac Project, located in Val-d’Or (Abitibi, Quebec). The NCZ consists of three parallel high-grade gold zones: NCZ1, NCZ2 and NCZ3, spaced approximately 50 m apart. Strateg ...
Blue Gold Strengthens Leadership Team with Appointment of Chief Technology Officer to Deliver Digital Strategy and Create Ecosystem for World's First Global Gold-Backed Digital Currency
Globenewswire· 2025-11-04 12:00
Core Insights - Blue Gold Limited has appointed Nathan Dionne as Chief Technology Officer (CTO) to lead its digital strategy and oversee the development of a gold-backed token and payment platform [1][2][4] - The company aims to create the world's first gold-backed global currency, bridging the physical and digital realms of gold [2][4] - Mr. Dionne has extensive experience in technology and finance, having held key positions in various companies, which positions him well to drive Blue Gold's mission [3][4] Company Overview - Blue Gold Limited is a next-generation gold development company focused on acquiring high-potential mining assets globally [5] - The company's mission is to unlock untapped value in the gold sector through innovative monetization models, including asset-backed digital instruments [5] - Blue Gold emphasizes responsible development, operational transparency, and the use of modern financial technologies to redefine gold production and ownership [5][6]