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Nova’s RPM Valley Drilling Confirms Continuity of Mineralized System with High-Grade Intercepts and Remains Wide Open in Multiple Directions
Globenewswire· 2026-01-13 11:30
Core Insights - Nova Minerals Limited announced significant drill results from the RPM Valley deposit, highlighting multiple broad intercepts greater than 1 g/t Au, including a record intercept of 0.5 m at 364 g/t Au [1][4][7] Drill Results - The highest-grade intercept to date at RPM Valley is 0.5 m at 364 g/t Au from 101 m, with visible gold observed [7][9] - Broad gold intersections include: - 65 m at 3.6 g/t Au from 83 m, including 36 m at 5.5 g/t Au from 91 m - 155 m at 0.9 g/t Au from 71 m, including 94 m at 1.3 g/t Au from 126 m - 172 m at 0.8 g/t Au from 352 m, including 60 m at 1.2 g/t Au from 424 m [7][12][27] Mineralization Continuity - The results confirm the continuity of mineralization at RPM Valley, with mineralization remaining open in multiple directions and at depth [5][9] - The glacial till mineralized zone is at least 30 m thick, with a surface anomaly of approximately 1.7 km long and 200 m wide, indicating a priority target for further exploration [6][31] Future Plans - Nova plans to conduct follow-up work with improved sampling methods to better assess the glacial till and its potential for heap leach recovery [6][31] - Ongoing pre-feasibility studies include metallurgical test work and mining studies, with an updated Mineral Resource Estimate expected to incorporate results from the 2023-2025 drill programs [5][47] Project Overview - The Estelle Project, located in the Tintina Gold Belt, encompasses 514 km of mining claims and contains multiple advanced gold and antimony prospects, with significant historical gold endowment [48]
Heliostar Provides 2026 Guidance and Growth Plan
TMX Newsfile· 2026-01-13 11:30
HIGHLIGHTS:Production guidance of 50,000-55,000 oz goldCash Costs of $1,850-$1,950/oz gold and All In Sustaining Costs of $2,025-$2,125/oz goldPre-stripping of Veta Madre open pit expansion at La ColoradaAna Paula Feasibility Study advancement and development of the main access decline$27M exploration program funded from operating cash flowVancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is please ...
Dakota Gold Announces 2026 Plans for Richmond Hill and Maitland Gold Projects Following Successful Drill Programs
TMX Newsfile· 2026-01-13 11:30
Lead, South Dakota--(Newsfile Corp. - January 13, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report additional drill results from the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or the "Project") 2025 drill campaign and outline its 2026 strategy to advance its flagship projects. This year, the Company will be conducting a drilling program at Richmond Hill to support the delivery of a Pre-Feasibility Study (PFS) in the second half of 2026, w ...
Step-Out Drilling At McEwen’s Newly Acquired Tartan Mine Project Returns Meaningful Results Along Western Flank: 7.5 gpt Gold Over 18.9 Metres
Globenewswire· 2026-01-13 11:00
TORONTO, Jan. 13, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to announce the final drill results to be included in the upcoming Mineral Resource Estimate for the Tartan Mine Project, near Flin Flon, Manitoba (Fig. 1). McEwen completed the acquisition of Tartan on January 5, 2026, through the purchase of Canadian Gold Corp. The updated Mineral Resource Estimate is expected to be released by the end of February and will be used to develop future plans as the Co ...
Step-Out Drilling At McEwen's Newly Acquired Tartan Mine Project Returns Meaningful Results Along Western Flank: 7.5 gpt Gold Over 18.9 Metres
Globenewswire· 2026-01-13 11:00
TORONTO, Jan. 13, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to announce the final drill results to be included in the upcoming Mineral Resource Estimate for the Tartan Mine Project, near Flin Flon, Manitoba (Fig. 1). McEwen completed the acquisition of Tartan on January 5, 2026, through the purchase of Canadian Gold Corp. The updated Mineral Resource Estimate is expected to be released by the end of February and will be used to develop future plans as the Co ...
Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern Saskatchewan; Large Winter Drill Program Forthcoming
Globenewswire· 2026-01-13 08:30
Core Viewpoint - Trident Resources Corp. has reported positive results from its diamond drill program at the Contact Lake Project, indicating substantial gold mineralization and the potential for further resource expansion [1][2]. Summary of Drilling Results - The first thirteen holes of the drilling program intersected significant gold mineralization, with all holes showing broad zones of shearing and alteration at relatively shallow depths [2][4]. - Notable results include: - Hole CL25006: 7.28 g/t gold over 15.0m, including 16.69 g/t over 6.0m [2][14]. - Hole CL25007: 4.43 g/t gold over 39.5m, including 5.76 g/t over 15.5m [2][14]. - Hole CL25005: 5.66 g/t gold over 5.94m, including 42.95 g/t over 2.55m [2][14]. - Hole CL25008: 7.41 g/t gold over 6.0m [2][14]. - The drilling has confirmed the continuity of mineralization outside the historical mine footprint, suggesting a larger untapped gold system [2][3][4]. Future Plans - The company is preparing for a fully-funded winter drill program, with over $12 million in cash and marketable securities to support ongoing exploration and corporate growth [2][3]. - The CEO emphasized the potential of the Contact Lake Project as a transformative asset, with significant resource estimates expected to be updated following the recent drilling success [2][3]. Project Overview - The Contact Lake Gold Project spans approximately 22,790 hectares and includes the past-producing Contact Lake mine, which yielded around 190,000 ounces of gold at an average grade of 6.16 g/t Au from 1994 to 1998 [16]. - The project is located in the La Ronge Gold Belt of Saskatchewan, an area known for its gold potential, and includes several other gold deposits owned by Trident Resources [16][22].
Trident Resources Intersects 7.28 g/t Au over 15.0m including 16.69 g/t Au over 6.0m as well as 4.43 g/t Au over 39.5m at the Contact Lake Gold Project in Northern Saskatchewan; Large Winter Drill Program Forthcoming
Globenewswire· 2026-01-13 08:30
Core Viewpoint - Trident Resources Corp. has reported positive results from its diamond drill program at the Contact Lake Project, indicating substantial gold mineralization and plans for a follow-up winter drill program [1][2]. Summary of Drilling Results - The first thirteen holes of the drill program intersected significant gold mineralization, with all holes showing broad zones of shearing and alteration at shallow depths [2][4]. - Notable results include: - Hole CL25006: 7.28 g/t gold over 15.0m, including 16.69 g/t over 6.0m [2][14]. - Hole CL25007: 4.43 g/t gold over 39.5m, including 5.76 g/t over 15.5m [2][14]. - Hole CL25005: 5.66 g/t gold over 5.94m, including 42.95 g/t over 2.55m [2][14]. - Hole CL25008: 7.41 g/t gold over 6.0m [2][14]. - The drilling has confirmed the continuity of mineralization outside the historical mine footprint, suggesting significant untapped potential [2][3]. Financial Position and Future Plans - Trident is fully funded for the upcoming winter drill program with over $12 million in cash and marketable securities [2][3]. - The company aims to aggressively follow up on the initial drilling success to expand the resource estimate, particularly in areas not included in previous assessments [2][3]. Project Overview - The Contact Lake Gold Project spans approximately 22,790 hectares and includes the past-producing Contact Lake mine, which produced around 190,000 ounces of gold at an average grade of 6.16 g/t from 1994 to 1998 [16]. - The project is located in the La Ronge Gold Belt of Saskatchewan, a region known for its gold potential [16].
Golden Cariboo Commences 2026 Mineral Exploration at the Quesnelle Gold Quartz Mine Property
Thenewswire· 2026-01-13 08:05
Core Viewpoint - Golden Cariboo Resources Ltd. has commenced its 2026 exploration program at the Quesnelle Gold Quartz Mine Property, focusing on expanding previous exploration successes and enhancing drilling operations [1][2][4]. Exploration Program Details - The 2026 mineral exploration program aims to build on past technical successes, with field activities including opening access roads and preparing water lines for drilling [2]. - The initial drilling will focus on QGQ25-28, which has been drilled to a depth of 354.19 meters (1,162 feet) and is located in the Halo zone [2]. - Previous drilling at QGQ24-20 encountered significant gold grades, returning 137.17 meters (450.0 feet) of 1.55 g/t gold and 16.05 g/t silver, including high-grade intervals [2]. Drilling and Exploration Activities - The company plans a 7,500-meter (24,600 feet) surface diamond drilling program targeting priority zones identified through geological studies [3]. - The transition from NQ to HQ-sized core is anticipated to improve core recovery and geological insights [3]. - Additional exploration activities will include over 1 kilometer of trenching, mapping, prospecting, geochemical sampling, and geophysical studies [3]. Company Background - Golden Cariboo Resources Ltd. is focused on targeted drilling and trenching programs at its Quesnelle Gold Quartz Mine property, which is strategically located near Osisko Development [6]. - The property is part of a historically rich gold mining area, with over 101 placer gold creeks recorded along a 90-kilometer (56 miles) trend [7][8].
Thor Explorations Announces Strong Q4 2025 Gold Production of 23,604 Ounces, 2026 Operating Guidance and Bonus Q4 Dividend
TMX Newsfile· 2026-01-13 07:00
Core Viewpoint - Thor Explorations Ltd. reported strong operational results for Q4 and FY 2025, highlighting significant gold production and revenue growth, alongside a commitment to returning value to shareholders through dividends [1][8][9]. Q4 2025 Operational Highlights - The company poured 23,719 ounces of gold in Q4 2025, contributing to a total of 91,910 ounces for the full year [7][8]. - Gold sales in Q4 reached 25,830 ounces at an average realized price of US$4,189 per ounce, resulting in record quarterly revenue of US$108 million [7][8]. - The cash balance at the end of Q4 was US$137 million, with a bullion inventory of 3,188 ounces [7][9]. - The average grade of gold processed was 3.31 grams per tonne, with a recovery rate of 94.8% [7][17]. Dividend Information - A standard Q4 dividend of C$0.0125 per share will be supplemented by a bonus dividend of C$0.015 per share, totaling C$0.0275 per share for Q4 [4]. - For 2026, dividends will be paid quarterly at C$0.0125 per share, totaling C$0.05 for the year, with potential increases based on cash reserves [5]. FY 2026 Outlook and Production Guidance - Production guidance for FY 2026 is set between 75,000 to 85,000 ounces of gold [6]. - The All-in Sustaining Cost (AISC) guidance for FY 2026 is projected to be between US$1,000 to US$1,200 per ounce [14]. Exploration and Development Activities - Near mine exploration in Nigeria is ongoing, with positive results justifying the continuation of deeper drilling programs [10][12]. - In Senegal, the Preliminary Feasibility Study (PFS) for the Douta project is expected to be released on January 26, 2026 [11][14]. - Drilling activities have resumed in Cote d'Ivoire, with initial programs starting on the Marahui Licence [11][16].
Questcorp and Riverside Make New Gold Discovery in Initial Drill Results from Luis Hill and Famosa Targets at Union Project, Sonora, Mexico
TMX Newsfile· 2026-01-13 05:01
Core Insights - Questcorp Mining Inc. and Riverside Resources Inc. announced a new discovery of Carlin-like gold mineralization at the Luis Hill target within the La Union Project in Sonora, Mexico [1][4] - Initial drilling at Luis Hill returned a significant intersection of 42 meters at 0.3 g/t gold, indicating a new style of mineralization not previously recognized at the project [2][5] Drill Program Highlights - The initial drill program included 12 core holes totaling over 1,600 meters across six targets, including the past-producing Union, Union Norte, and Famosa Mine [5] - Assays are pending for over 700 half-core samples from various targets, including Union, Union North, and Cobre [5] - The drilling strategy focused on angled and near-vertical holes to intersect typical Carbonate Replacement Deposit (CRD) systems, targeting depths generally less than 150 meters [5] Discovery Details - The discovery at Luis Hill included 23 assay intervals ranging from 0.005 g/t to 1.31 g/t gold, with 15 intervals exceeding 0.1 g/t and three exceeding 0.5 g/t [10] - The mineralization type found at Luis Hill is aligned with a carbonate-hosted metal system, which is significant for the region's geological context [5][9] Future Plans - The companies plan to organize a Phase 2 exploration program for H1 2026, which will build on the results from Phase 1 and include follow-up drilling, geophysics, geochemistry, and mapping [26][27] - The next set of drill results will be released following a QA/QC review [27] Strategic Orientation - The sediment-hosted gold style found at Luis Hill is comparable to Nevada's carbonate platform geology, indicating potential for further exploration in the Sonora Gold Belt [23] - The companies are optimistic about the potential for Luis Hill to become a major new discovery in Mexico, with plans for continued exploration in the area [9][26]