• Sonntag, 22 Dezember 2024
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  • Galloper Gold Drills Into Emerging New Discovery on Glover Island
    Galloper Gold Corp. has drilled multiple mineralized intervals near-surface to depths of 200 meters in a series of test holes at the Lucky Smoke occurrence on Glover Island in Western Newfoundland, supporting the potential for a second deposit on the Island along a promising under-explored contact zone traced for a minimum of 12 kilometers. Highlights: 15 m @ 2.62 g/t Au, including 1 m @ 18.79 g/t Au, starting at a downhole length of 137 m in LS-24-02; 3.80 m @ 6.92 g/t Au starting 146.5 m downhole in LS-24-04, above 23.5 m @ 0.72 g/t Au beginning just 32.5 m from surface; 4 m @ 4.59 g/t Au within 21.50 m @ 1.26 g/t Au from 117 m to 144.5 m in LS-24-06. Mr. Hratch Jabrayan, Galloper CEO, commented: "These holes were designed to broaden our understanding of Glover Island's geo...
    weiterlesen
    17.12.2024
    von Accesswire
    Rubrik: Unternehmensmeldungen, engl.
  • Boliden Continues Earn-In at Amarc’s Duke Copper-Gold District
    Amarc Resources Ltd. is pleased to announce that Boliden Mineral Canada Ltd. has committed to continuing through 2025 its earn-in to Amarc's DUKE Copper-Gold District in central British Columbia . The budget for 2025 is $10 million. Amarc will continue as operator of the project. The two-phase program completed at the DUKE in 2024 included extensive drilling and surface surveys designed to prepare deposit targets for drill testing in 2025. In early 2024, delineation drilling continued at the DUKE Deposit further defining Cu-Mo mineralization in the central portion of the Deposit as well as identifying potentially important volumes of additional mineralization to the south and north of the main Deposit . The 2024 summer program was comprised of surface surveys and more than 5,8...
    weiterlesen
    17.12.2024
    von Accesswire
    Rubrik: Unternehmensmeldungen, engl.
  • Mandalay Resources Announces 2025 Outlook and Guidance for Gold and Antimony Production
    Mandalay Resources Corp. is pleased to provide its production and cost guidance for 2025, which reflects the Company's continued commitment to operational excellence, sustainable growth, and delivering value to shareholders. All currency references are in USD unless noted. Highlights: 2024 consolidated production remains within previous guidance of 90,000 - 100,000 gold equivalent ounces; 2025 consolidated production and cost guidance: Annual production of 85,000 - 95,000 gold equivalent ounces; Gold: 76,500 - 85,000 ounces; Antimony: 1,050 - 1,150 tonnes; Cash cost and all-in sustaining cost1 of $1,200 - $1,350 and $1,795 - $1,975 per gold equivalent ounce, respectively; Sustaining capital expenditures of $43 - $48 million; Costerfield: $18 - $20 million; and Björkdal: $25 -...
    weiterlesen
    17.12.2024
    von CNW
    Rubrik: Unternehmensmeldungen, engl.
  • VR Resources Ltd. Completes Phase 1 Drilling at Empire Project in Ontario
    VR Resources is pleased to announce it has completed the Phase 1, reconnaissance drill program on the 1 x 2 km magnetic anomaly at Westwood, part of the Empire District Project. Five holes were completed for a total of 1,188 meters. Drilling targeted the center of the copper-gold-PGE mineral system exposed on surface at the showing on the Trans Canada Highway, at the southwestern margin of the magnetic high anomaly. Hole 5, WW24-005, was completed to 201m. It was drilled as a follow up to the shallowly inclined Hole 4 that collared into the target rock unit: a coarse-grained, cumulate-textured mafic-ultramafic intrusive. Hole 5 was drilled at the same azimuth as 004 but inclined more steeply to intersect more of the cumul...
    weiterlesen
    17.12.2024
    von GlobeNewswire
    Rubrik: Unternehmensmeldungen, engl.
  • Encouraging Initial Drilling Results Reported from the Pense Critical Metals Project
    Sparton Resources Inc. is pleased to report a number of material events: Sparton has received assay results from the initial drilling program on the Pense Critical Metals Project in northeastern Ontario, confirming the presence of critical metals and also gold mineralization on the property. The Company has exercised its option to acquire a 100% interest in the Pense Property. VRB Energy Inc. has reported progress in establishing operations in the United States and positive developments with its battery manufacturing Joint Venture in China. Pense Project The Company is pleased to report that it has exercised its option to acquire 100% ownership in the Pense property. Assays, from four diamond drill holes, totalling 822 meters, were recently obtained on the Ontar...
    weiterlesen
    17.12.2024
    von GlobeNewswire
    Rubrik: Unternehmensmeldungen, engl.
  • Troubadour Resources Announces Results of Induced Polarization Survey at the Senneville Gold-Copper Project Ahead of Maiden Drill Program
    Troubadour Resources Inc. , a North American mineral acquisition and exploration company, is pleased to announce the results of its recently completed Induced Polarization Survey at the Senneville Copper-Gold property in the eastern Val d'Or district. The Property is prospective for both orogenic gold and polymetallic VMS-style mineralization and comprises 255 mineral claims located in the eastern part of the Abitibi Greenstone Belt, ~25 km northeast of the gold mining center of Val-d'Or, Quebec. It covers over 12,000 ha of ground and is contiguous with Probe Gold's Val d'Or East properties to the north and south, which host a combined resource of 6.7 Moz gold measured and indicated and 3.3 Moz gold inferred Probe News Release Sept. 5, 2024). *Readers are cautioned that the g...
    weiterlesen
    17.12.2024
    von The Newswire
    Rubrik: Unternehmensmeldungen, engl.
  • EGR Exploration Receives Shares from Urban Barry Option Agreement
    EGR Exploration Ltd. is pleased to announce that it has received 500,000 common shares of Harvest Gold Corp. pursuant to a mineral property option agreement entered into with Harvest on December 19, 2023, with respect to the Urban Barry property . The issuance of the Shares represents the second payment required pursuant to the Option Agreement. The Shares were issued at a deemed price of $0.035 per share. Private Placement Update EGR is continuing its efforts to raise $750,000 in a combination of Hard Dollar Units at $0.05 and Flow-Through Shares at $0.06. The Hard Dollar Units consist of one common share of the Company and one half of one Common Share purchase warrant . Each Warrant will be exercisable by the holder thereof to acquire one Common Share at a pri...
    weiterlesen
    17.12.2024
    von The Newswire
    Rubrik: Unternehmensmeldungen, engl.
  • Elemental Altus Royalties Notes US-Canada Funding Covering Mactung Royalty and Development Plans at Western Queen
    Elemental Altus Royalties Corp. notes the announcement by Fireweed Metals Corp of up to C$35.4 million in US and Canadian Government funding to advance its assets and supporting infrastructure at Macmillan Pass1, including the Mactung Project . Elemental Altus holds an uncapped 4% Net Smelter Return Royalty on Mactung. The Company also notes Rumble Resources Ltd.'s plans to expedite development at the Western Queen Gold Project in Western Australia2, over which Elemental Altus holds a A$6 to A$20 per ounce gold production royalty and an uncapped 2% NSR on all other saleable products. Highlights Fireweed has been awarded US$15.8 million from the U.S. Department of Defense under Title III of the Defense Production Act of 1950 to advance Mactung towards a Final Inv...
    weiterlesen
    17.12.2024
    von Newsfile
    Rubrik: Unternehmensmeldungen, engl.
  • Kenorland Minerals Provides an Exploration Update and Grants Stock Options
    Kenorland Minerals Ltd. is pleased to provide an update on its exploration activities for its portfolio of projects located in Quebec, Ontario, Manitoba, Saskatchewan, British Columbia, and Alaska and partnerships with Sumitomo Metal Mining Canada Ltd. , Newmont Corporation and Centerra Gold Inc. . The Company's current working capital position is approximately $27.2 million as of October 31, 2024. In May 2024, the Company completed a flow-through financing of $9.86 million and issued 8,315,871 common shares resulting in Centerra acquiring approximately 9.9% of the issued and outstanding common shares of the Company. The total updated forecast for exploration expenditures on properties in which Kenorland holds direct or royalty interests is anticipated to be over...
    weiterlesen
    17.12.2024
    von Newsfile
    Rubrik: Unternehmensmeldungen, engl.
  • Red Pine Prospecting Program Discovers Additional Gold Mineralization Immediately West of the Existing Mineral Resource and Acquires Strategic Mining Claim
    Red Pine Exploration Inc. is pleased to announce additional assay results from its 2024 prospecting program on the Wawa Gold Project, Ontario. The assay results reported in this press release are from prospecting in new areas beyond the updated 2024 Mineral Resource Estimate described in the National Instrument 43-101 Technical Report dated September 30, 2024 entitled "National Instrument 43-101 Technical Report for the Wawa Gold Project . Michael Michaud, President and CEO of Red Pine, commented: "We are very pleased with the latest results of the 2024 surface prospecting program for the Wawa Gold Project that has continued to discover new zones of gold mineralization outside of the 2024 MRE." The most recent results, and potentially one of the most important set of results ...
    weiterlesen
    17.12.2024
    von GlobeNewswire
    Rubrik: Unternehmensmeldungen, engl.
  • Cartier Cuts 44.7 g/t Au over 0.5 m and 7.5 g/t Au over 4.6 m Extending to 10 km the High-Grade Gold Potential at East Cadillac
    Cartier Resources reports drill results in the western part of its 100% - owned East Cadillac property. Highlights: Extension of the high-grade gold potential over a strike length of 10 km 44.7 g/t Au over 0.5 m with 8 clusters of visible gold and 7.9 g/t Au over 1.0 m 17.0 g/t Au over 0.5 m with 1 cluster of visible gold Expansion of the area of high-grade gold 18.0 g/t Au over 1.7 m included within 7.5 g/t Au over 4.6 m with 1 cluster of visible gold, situated in the West Simon Sector between: The Portal Zone and The VG31 intersection . The 2024 exploration drilling program consisting of 162 holes for a total of 28,084 m was spread over 49 different drill sites and discove...
    weiterlesen
    17.12.2024
    von GlobeNewswire
    Rubrik: Unternehmensmeldungen, engl.
  • Metals Creek Provides Update on Tillex Copper Project
    Metals Creek Resources Corp. is pleased to announce the completion of the previously announced diamond drilling program at the Tillex Copper Project located in Currie Township, 65 km east of Timmins, Ontario. Drilling targeted near surface, mineralized, graphitic argillites and dacitic tuffs in an effort to upgrade areas of limited drilling and further upgrade the current geological model. During this drill program, chalcopyrite mineralization was intercepted within mineralized graphitic argillites, dacites, and porphyry dikes as disseminated and stringer style copper mineralization. Included in this release is a series of drill core photo's highlighting the different styles of chalcopyrite mineralization encountered in this program. The reader is cautioned that these photos ...
    weiterlesen
    17.12.2024
    von Newsfile
    Rubrik: Unternehmensmeldungen, engl.
  • Summa Silver Outlines Timeline for Mineral Resource Estimates on the Hughes and Mogollon Projects, Southwest United States
    Summa Silver Corp. is pleased to provide an update on its two 100% owned high-grade silver-gold projects in the southwest United States. Inaugural mineral resource estimates are currently being completed for the Hughes Project, Nevada and Mogollon Project, New Mexico , set to be released in early 2025. Key Highlights: Substantial Drilling Already Completed: The MREs will be based on approximately 40,000 m of drilling by the company from 60 holes at the Hughes Project and 22 holes at the Mogollon Project. Historic Data Verified for Inclusion: The Company's drill results have successfully verified the results of multiple historic drill holes and underground channel samples completed by former operators and some of this data will be incorporated into the MREs. Additional Upside ...
    weiterlesen
    17.12.2024
    von Newsfile
    Rubrik: Unternehmensmeldungen, engl.
  • Delta I-Zone Channel Samples Return 1.23 g/t Gold Over 40.6 m and 2.4 g/t Gold Over 16.2 m In a 5 m Wide Dike at Surface at The Delta-1 Property
    Delta Resources is pleased to announce that it has received and tabulated assay results from channel sampling of the I-Zone at the Delta-1 Expansion Property. Two parallel channel samples were taken in a 5-metre wide dike known as the "I-Zone", adjacent to channel samples taken by Inco Gold in 1988-89 for which results were left unreported. The channel samples tested the complete length of the exposed dike. Channels were cut perpendicularly to quartz-carbonate-pyrite veins and veinlets but parallel to the dike contacts . Results from the two channel samples are as follows: CHANNEL #1: 1.23 g/t Au over 40.6 m incl. 2.12 g/t Au over 12 m and 3.39 g/t Au over 5 m CHANNEL #2: 2.40 g/t Au over 16.2 m incl. 5.54 g/t Au over 5 m Figure 1: Geological map ...
    weiterlesen
    17.12.2024
    von Newsfile
    Rubrik: Unternehmensmeldungen, engl.
  • Bunker Hill Mining Intersects High-Grade Zinc-Lead-Silver Mineralization Adjacent to Existing Underground Infrastructure
    HIGHLIGHTS Multiple high-grade polymetallic zones intersected in the upper part of the mine, including: 14.7% Zn 5.2% Pb and 2.10 Ag Opt over 13.2 ft from 380-396.4 ft, DH 7099 8.83% Zn 2.95% Pb and .85 Ag Opt over 13.5 ft from 361.5-375 ft, DH 7093 4.99% Zn 1.40% Pb and .48 Ag Opt over 8.8 ft from 66.5-75.3 ft, DH 7097 To date, Bunker Hill has drilled 15 underground drill holes, with the current drill program expected to conclude in December 2024. Mineralization intersected by the definition drilling conforms well to the inferred resource and in areas extending beyond the limits of the current resource model. Bunker Hill intends to issue an updated resource estimate in Q1 2025, incorporating results from the 2024 drill program. KELLOG, Idaho and VANCOUVER, British Columbia, Dec. 17, 2024 ...
    weiterlesen
    17.12.2024
    von GlobeNewswire
    Rubrik: Unternehmensmeldungen, engl.

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