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Nine Mile Metals Announces Completion of DDH WD-25-04, Confirming 40m of Mineralization at Depth
TMX Newsfile· 2026-01-22 13:00
Core Viewpoint - Nine Mile Metals Ltd. has successfully completed its 4th drill hole (DDH-WD-25-04) in the Wedge Western Extension Drill Program, indicating significant copper-bearing mineralization [1][4][13]. Group 1: Drill Program Details - The drill hole was completed to a depth of 239 meters, intersecting 40 meters of mineralization starting at 158 meters [4]. - The mineralization includes secondary copper minerals such as Covellite and Bornite, confirming a significant copper-bearing system [4][9]. - The drill hole encountered a sequence of sheared silicified volcanics with varying amounts of copper-bearing sulphides, with sulphide volume increasing to 50-60% at 183 meters [4][9]. Group 2: Company Statements and Future Plans - Gary Lohman, VP Exploration, noted the ongoing success of the drilling program, with significant mineralization appearing in multiple holes [9]. - Patrick J Cruickshank, CEO, highlighted the successful intersection of mineralization in the 4th drill hole and the groundwork being laid for the second phase of the Wedge program [13][14]. - The company has secured financing for an extensive exploration program in 2026-2027 across all four projects, reducing dilution risk for shareholders [14]. Group 3: Technical and Regulatory Compliance - All drill core has been measured, logged, and sampled, with 57 samples sent for analysis to ALS Global [18]. - The technical information disclosed complies with Canadian regulatory requirements under National Instrument 43-101 [19]. Group 4: Company Overview - Nine Mile Metals Ltd. is focused on VMS exploration in the Bathurst Mining Camp, New Brunswick, with a strategic emphasis on critical minerals for EV and green technologies [20].
Maxus Mining Highlights Historical Polymetallic Results at the Quarry Project in British Columbia, Canada
Globenewswire· 2026-01-06 13:00
Core Insights - Maxus Mining Inc. has consolidated the Quarry Project by acquiring the Beveley Property, enhancing its position in the Bralorne Mining District of British Columbia [1] - The company has completed a comprehensive data compilation of historical assessment reports, generating exploration targets for the fall 2025 exploration program [2] Quarry Project Highlights - Historical exploration has documented polymetallic mineralization across the Quarry Project, with significant drilling results including: - 23.6 m of 1.83% Pb, 2.82% Zn, and 56.2 g/t Ag in hole 77-11 - 13.0 m of 0.65% Pb, 2.58% Zn, and 42.5 g/t Ag in hole 78-25 - 6.91 m of 2.42% Pb, 2.43% Zn, and 87.7 g/t Ag in hole 80-66 - 3.81 m of 1.00% Pb, 3.19% Zn, and 43.5 g/t Ag in hole 80-76 [4] - Historic estimates for the Bullseye Zone include: - 99,781 tonnes at 1.42% Pb, 2.24% Zn, and 36.3 g/t Ag (drill-indicated, historical) - 2.72 Mt at 3.66% Pb + Zn, 36.3 g/t Ag (original category not classified) [6] - The company is compiling drillhole data into 2D and 3D workspaces to advance the project towards modern exploration [4][7] Historical Summary - Historical work has outlined multiple zones of base metal and precious metal mineralization, with significant grab sampling results from the Regent mineral occurrence showing: - Average assays of 83.5% Pb and 1,576 g/t Ag - Additional values including 20% Sb, 42.5% Pb, 3.8% Cu, and 0.89 g/t Au [5] Strategic Location - The Quarry Project is strategically located 28 km northwest of Germansen Landing, British Columbia, within favorable carbonate and dolomite breccia host rocks [4]
上金所发布关于做好2026年元旦期间市场风险控制工作的通知
Jin Rong Jie· 2025-12-26 08:25
Core Viewpoint - The Shanghai Gold Exchange has announced adjustments to margin requirements and price fluctuation limits for various gold and silver contracts, effective from December 30, 2025 [1] Group 1: Margin Adjustments - The margin ratio for Au, mAu, NYAuTN06, and NYAuTN12 contracts will increase from 16% to 17% [1] - The margin ratio for Ag contracts will rise from 19% to 20% [1] - The margin for CAu99.99 contracts will change from 85,000 yuan per lot to 120,000 yuan per lot [1] Group 2: Price Fluctuation Limits - The price fluctuation limit for gold contracts will be adjusted from 15% to 16% starting the next trading day [1] - The price fluctuation limit for silver contracts will increase from 18% to 19% starting the next trading day [1]