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Canadian Critical Minerals Generates USD$185,000 in Revenue from Bull River Mine
https://www.newsfilecorp.com/release/244529/Canadian-Critical-Minerals-Generates-USD185000-in-Revenue-from-Bull-River-Mine
March 13, 2025 7:42 PM EDT | Source: Canadian Critical Minerals Inc.
Calgary, Alberta--(Newsfile Corp. - March 13, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine ("BRM") project near Cranbrook, BC. During the month of February 2025, the Company trucked 542 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$185,000 for the February 2025 shipments. The mineralized material sent to New Afton graded 4.71% Cu, 0.78 g/t Au and 47.8 g/t Ag.
The Company introduced a second sorting crew during the month and sent more material to New Afton in February 2025 relative to the previous two months. The sorter was shut down for annual maintenance in the last week of February 2025. To-date the Company has sent six trucks of pre-concentrated mineralized material to New Afton in March 2025. The Company will not be shipping material to New Afton for the balance of March 2025 due to the imposition of spring road restrictions on unpaved off roads in southern British Columbia. During road restrictions the carrier is restricted to 70% of the total weight of the tractor trailer and truck box which effectively reduces the pay load to 50% of normal. In lieu of hauling mineralized material during road restrictions, the Company has elected to continue sorting material at the mine and resume trucking in early to mid-April 2025 once road restrictions have been removed.
Ian Berzins, President and CEO of CCMI commented, "Road restrictions have been implemented approximately two weeks later than in the spring of 2024 and we are optimistic that the total length of time for road restrictions in 2025 will be less than in 2024. In the interim period, we will continue to sort a high-grade pre-concentrate product and plan to send to New Afton once restrictions are removed."
Qualified person
CCMI's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Gary Low P.Geo., who serves as a Consultant to the Company and is a Qualified Person under the definition of National Instrument 43-101.
About Canadian Critical Minerals Inc.
CCMI is a mining company primarily focused on copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 10% interest in XXIX Metal Corp. which holds a 100% interest in the Thierry Mine copper project near Pickle Lake, Ontario and a 100% interest in the Opemiska Mine copper project near Chapais-Chibougamau, Quebec.
Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.
SOURCE: Canadian Critical Minerals Inc.
Orestone Prepares for AirMT Survey at Captain Gold Porphyry Project, BC
https://www.newsfilecorp.com/release/244467
March 13, 2025 2:42 PM EDT | Source: Orestone Mining Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2025) - Orestone Mining Corp. (TSXV: ORS) (OTC Pink: ORESF) (FSE: O2R2
American Eagle Secures 100% Ownership of the NAK Copper-Gold Porphyry Project in BC
https://www.newsfilecorp.com/release/244373/American-Eagle-Secures-100-Ownership-of-the-NAK-CopperGold-Porphyry-Project-in-BC
March 13, 2025 6:00 AM EDT | Source: American Eagle Gold Corp.
Highlights:
American Eagle completes its 100% earn-in at the NAK Copper Gold Porphyry Project ("NAK"), 85 km northeast of Smithers, BC.
NAK stands out among Canadian copper-gold porphyries with its combination of large scale, near-surface high grades, accessibility, favorable topography, and growth potential.
Highlighted drill results include 248 meters of 1.10% CuEq (NAK24-31) and 302 meters of 1.09% CuEq (NAK24-17)
~$37 million in cash with two major mining companies as strategic investors – South32 & Teck Resources Limited ("Teck")
30,000 metre drill program is scheduled to begin in May and the Company is funded for an ambitious multiyear drill program
Toronto, Ontario--(Newsfile Corp. - March 13, 2025) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce that it has fulfilled all obligations under its December 24, 2021, option agreement and has acquired 100% ownership of the NAK Copper-Gold Porphyry Project.
Securing full ownership of NAK marks a major milestone, reinforcing American Eagle's commitment to advancing this high-quality asset. Located in a prolific mining region, NAK has already delivered some of British Columbia's top drill results, including 248m @ 1.10% CuEq and 302m @ 1.09% CuEq, starting at 132m and 167m, respectively. The project hosts a large-scale porphyry system with multiple near-1 km intercepts averaging ~0.5% CuEq, highlighting its significant resource potential.
With over 80% of NAK's prospective ground still untested, a 30,000m drill program set for 2025, and with South32 and Teck as strategic investors, American Eagle is well-positioned to unlock substantial value. The Company remains fully funded with ~$37 million in cash to execute an aggressive, multiyear exploration strategy.
As part of the final option payment, American Eagle has issued 1,000,000 common shares to Bernie Kreft and completed all required cash and work commitments to secure full title to the project.
"American Eagle Gold sincerely thanks Bernie Kreft for his invaluable partnership over the past three years. Bernie secured NAK and recognized the project's potential long before our involvement. Alongside the late Gary Artmont, he was instrumental in introducing the project to American Eagle and helping define the initial drill targets—setting the stage for our success. We look forward to continuing our collaboration with Mr. Kreft on NAK and exploring future opportunities together," states American Eagle Gold CEO, Anthony Moreau.
American Eagle's 2025 Exploration Plans and Focus:
Near Surface Mineralization
A primary objective for 2025 is to further define and expand near-surface mineralization further, enhancing the project's economic potential. NAK offers a rare combination of geological and geographical advantages that American Eagle will leverage. Unlike many other porphyry prospects, the NAK Project benefits from road access, gentle topography, low elevation, and proximity to infrastructure. High-grade copper and gold mineralization has already been identified at surface, with significant potential for additional discoveries across the property.
Key Targets Within the Main Zones
North Zone:
Historically defined by near-surface vein and disseminated chalcopyrite mineralization in sedimentary rocks.
Expanded in 2022–2023 to include deeper bornite-rich conglomerate and monzonite dykes.
2024 drilling extended the zone northeast, encountering broad intervals of seriate-textured dykes with disseminated bornite.
The Northeast Expansion Zone will be an immediate and large focus to expand the North Zone, which remains open to the north, east and at depth, with step-out drilling planned to refine its orientation and extent.
Central Zone:
The Central Zone links the historical North and South zones. It returned significant intercepts at depth in all of American Eagle's 2022-24 drilling, but little systematic drilling has been undertaken to date at shallower depths, up-dip of those intersections.
South Zone:
Hosts a large-scale gold-rich quartz stockwork mineralized body at surface.
Drilling aims to link the mineralized conglomerate intersected in NAK24-17 and -31 with the broader South Zone.
Step-Out Targets and Emerging Zones
The Southeast Expansion Zone, south of the Babine porphyry, returned long intervals of anomalous gold and copper in NAK22-09 and -36. Soil anomalies and mineralized outcrops located in the area indicate further potential.
The East Expansion Zone will utilize additional geophysical surveys to refine targets within and around the Babine porphyry, with scout drilling planned to test these areas.
Click to View Plan Map with 2025 Target Zones
Click to View Interactive NAK Map
Click to Watch Lead Geo Neil Prowse's Presentation on NAK
Exploration Beyond Drilling
The 2025 program will incorporate several non-drilling initiatives that will enhance the project.
Geophysics: Aeromagnetic surveying and Controlled-Source Audio Magnetotellurics (CSAMT) to refine targets in underexplored areas north, south, and east of the Babine Stock.
Metallurgical Studies: Testing targeted drill core to assess recovery characteristics across different mineralization styles.
Core Retrieval: Historical drill core (predating American Eagle Gold) for drill holes with significant shallow Main Zone intersections is stored on the NAK property and appears to be in good shape. The Company will relog and resample this core to incorporate it into its model.
Timber Harvesting: Collaborating with local logging groups and the Lake Babine First Nation to manage previously permitted logging blocks, improving access to remote parts of the property.
Commitment to Community and Sustainability
American Eagle is committed to strong relationships with local stakeholders, including the Lake Babine Nation, provincial authorities, and local contractors. The Company prioritizes transparent communication and collaboration as exploration advances.
About American Eagle's NAK Project
The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960's, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system.
For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube Chanel: youtube.com/@theoregroup
About American Eagle Gold Corp.
American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over $37 million in cash, bolstered by two strategic investors formed in the past two years with Teck and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project.
Anthony Moreau, Chief Executive Officer
416.644.1567
amoreau@oregroup.ca
www.americaneaglegold.ca
Q.P. Statement
Mark Bradley, B.Sc., M.Sc., P.Geo., a Certified Professional Geologist and 'qualified person' for the purposes of Canada's National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release.
Forward-Looking Statements
Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding whether the Company will be able to complete the Offering as anticipated, the receipt of regulatory approval, including the approval of the TSX Venture Exchange, to complete the Offering, the intended use of proceeds and intended drill program or its anticipated results at the Company's NAK project, the ability of the Company to make the qualifying expenditures as anticipated by management, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedarplus.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.
SOURCE: American Eagle Gold Corp.
Nicola Mining Receives Final Permit for High Grade Dominion Creek Mineral Project and Closes Non-Brokered Private Placement
https://www.newsfilecorp.com/release/244396/Nicola-Mining-Receives-Final-Permit-for-High-Grade-Dominion-Creek-Mineral-Project-and-Closes-NonBrokered-Private-Placement
March 12, 2025 6:46 PM EDT | Source: Nicola Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2025) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF), (the "Company" or "Nicola") is pleased to announce that it has received the Final Permit ("Final Permit1") to complete a bulk sample2 at its Dominion Creek Mineral Project ("Dominion"), a high grade gold and silver project, of which Nicola owns a 75% economic interest.
The Notice of Work for the Dominion Mineral project was initially filed with the Chief Permitting Officer on Aug 29, 2018 and last updated on Feb 27, 2025. The Final Permit allows Nicola and its partner, High Range Exploration Ltd., to complete a bulk sample prior to Feb 27, 2030, after which only reclamation activities can occur. In addition to the Final Pemit, a Free Use Permit (MX-100000488) was issued to upgrade / complete a short haul road for ore transportation.
The Company announced on March 6, 2025 that it has been issued a draft permit by the British Columbia Ministry of Mining and Critical Minerals to extract 10,000 tonnes of gold and silver ore at Dominion, which is located 43 kilometers northeast of the Town of Wells and approximately 110 kilometers east-southeast of Prince George.
The two parties are currently in the process of finalizing plans to mobilize and commence ore extraction, which is anticipated to commence in July 2025.
The Company is also pleased to announce that it has closed a non-brokered private placement which was announced on February 25, 2025. The news release announced a non-brokered private placement consisting of up to 7,142,857 units (each, a "Unit") at a price of $0.28 per Unit for gross proceeds of up to $2,000,000. However, given the Company's cash and equivalent position, it was determined that the smaller and less dilutive amount was sufficient.
The Company issued 4,038,955 Units for aggregate gross proceeds of $1,130,907.40 and paid $63,827.36 in finder's fees for net proceeds of $1,067,080.00. The financing is now closed, and the Company will not be seeking additional funds associated with the current financing.
All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering.
None of the securities sold in connection with the Offering will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Qualified Person
William Whitty, P. Geo., VP of Exploration for the Company, is the Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects has reviewed and approved the technical disclosure contained in this news release.
About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high grade gold projects. Nicola's fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.
The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada's largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.
On behalf of the Board of Directors
"Peter Espig"
Peter Espig
CEO & Director
For additional information
Contact: Peter Espig
Phone: (778) 385-1213
Email: info@nicolamining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
_________________________
1 Permit Number: MX-100000488 and Mine Number: 1101145
2 Bulk Sample: An exploration and development activity conducted on a mineral claim to investigate the metallurgical properties of an ore body, to test extractive milling methods, mill equipment, and potential markets.
SOURCE: Nicola Mining Inc.
Goliath Resources Updated Modelling Confirms Its Large Gold Rich Layered System Is Directly Associated To Motherlode Intrusive Source (RIRG) And Multiple Gold Rich Feeder Dykes That Assayed Up To 12 g/t AuEq Over 10 Meters That Remain Open For Expansion, Surebet Discovery, Golden Triangle, B.C.
https://www.globenewswire.com/news-release/2025/03/13/3041987/0/en/Goliath-Resources-Updated-Modelling-Confirms-Its-Large-Gold-Rich-Layered-System-Is-Directly-Associated-To-Motherlode-Intrusive-Source-RIRG-And-Multiple-Gold-Rich-Feeder-Dykes-That-.html
March 13, 2025 06:08 ET | Source: Goliath Resources Limited
GSP Defines New Porphyry Copper Drill Targets and Prepares to Submit Drill Permit Application for Mer Property
Historic exploration work discovered shallow copper mineralization
Historic shallow drilling included 30m averaging 0.53% Cu and 21m averaging 0.51% Cu
High priority for follow up exploration during upcoming field season
https://thenewswire.com/press-releases/1Bb4F9N8E-gsp-defines-new-porphyry-copper-drill-targets-and-prepares-to-submit-drill-permit-application-for-mer-property.html
News Release - Vancouver, British Columbia – TheNewswire - March 13, 2025: GSP Resource Corp. (TSX-V: GSPR / FSE: 0YD / OTC: GSRCF) (the “Company” or “GSP”) announces that it is nearing completion of a draft 5-year multi-year area based (MYAB) permit application in preparation for submission to the British Columbia Ministry of Mining and Critical Metals (“BC MMCM”) and review by relevant First Nation’s groups with respect to the Mer Property in the Highland Valley Copper Camp of British Columbia.
The Mer Property comprises 185 hectares in the Kamloops Mining Division, located approximately 1.5 km NW of GSP’s Alwin Mine Project and are surrounded by Teck Resource’s Highland Valley Copper claim group directly west and south of the Highland Valley Copper Mine’s active operations1 (Figure 1). The Mer Property hosts a copper exploration target zone located NW of the Company’s Alwin Mine High grade copper-silver-gold target zone.
The permit application is expected to describe the details of an initial year-one diamond drilling program, followed by permitting of sufficient surface disturbance to support anticipated expansion diamond drilling within the following four years of the permit. The Property is well accessed via existing logging roads that traverse the proposed drilling area where prior logging activities and excavator trenching has exposed a zone of copper mineralization at surface (Figure 2).
About the Mer Claims:
The Mer Claims were the subject of intensive exploration by the Cleveland Ming & Smelting Co. Ltd. between the years 1965 and 1971. During that time exploration within the current Mer and surrounding claims now held by Teck Highland Valley Copper Corporation comprised geochemical and IP/resistivity geophysical surveys, geologic mapping, bulldozer trenching, completion of 16 percussion drill holes totaling 610 metres (m), and a single 150 m diamond drill hole targeting the Mer showing.
Percussion and diamond drilling were reported to define a 70 x 120 metre northeast trending porphyry copper-molybdenum zone characterized by disseminated chalcocite, chalcopyrite, bornite and molybdenite mineralization and associated biotite and sparse potassic alteration.
At the Mer showing, historical percussion drill holes 1, 3, 15, and 16, forming a 70 x 40 m diamond pattern in plan returned values of 9 m averaging 0.47% copper (Cu); 30 m averaging 0.53% Cu; 15 m averaging 0.50% Cu; and 21 m averaging 0.51% Cu2 respectively, commencing at downhole depths ranging from 6 to 18 m.
A single diamond drill hole was centered on the percussion drill holes and intersected a zone of chalcocite mineralization within biotite and potassic altered granodiorite intrusive rocks averaging 0.29% Cu over 24 m from a downhole depth of 9 m. The zone of mineralization remains open to the north and west.
No significant exploration has been reported within this project since the initial work programs ending in the early 1970’s. Given the presence of drill confirmed porphyry copper-molybdenum mineralization, a location 6 kilometers west of the Valley Pit at Teck Resource Limited’s Highland Valley Copper Operations, and its position with the Chataway and Guichon granodiorite phases of the Guichon Batholith the Mer Project is a high priority for follow up exploration.
Figure 1: Mer and Alwin Mine Claims – Highland Valley Copper Camp
Click Image To View Full Size
Figure 2: Mer Proposed Drilling Oblique View Looking North
Click Image To View Full Size
Qualified Person: The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), principal and consultant of APEX Geoscience Ltd. of Edmonton, AB, a consultant to the Company and a “qualified person” as defined in National Instrument 43-101 — Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data disclosed, which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein. Mineralization hosted on nearby properties is not necessarily indicative of mineralization that may be hosted on the Alwin property.
About GSP Resource Corp.: GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia. The Company owns 100% interest and title to the Alwin Mine and Mer Properties in the Kamloops Mining Division, as well as a 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division, of which it has granted an option to earn a 60% interest to a third party.
Contact Information:
Simon Dyakowski, Chief Executive Officer & Director
Tel: (604) 619-7469
Email: simon@gspresource.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains “forward-looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, carrying out future exploration work on the Company’s projects including the Mer Claims, obtaining drill permits for the Mer Claims, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the ability to manage working capital adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of copper, gold, silver and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.
1 Mineralization present within Teck Resources Highland Valley Operations is not necessarily indicative of GSP Resources Corp. properties.
2 All drill holes are assumed to be vertical, and the true width of mineralization it unknown.
Seabridge Gold Announces 2025 Corporate Objectives
https://www.newsfilecorp.com/release/244229/Seabridge-Gold-Announces-2025-Corporate-Objectives
March 12, 2025 7:30 AM EDT | Source: Seabridge Gold Inc.
Toronto, Ontario--(Newsfile Corp. - March 12, 2025) - For more than twenty years, Seabridge Gold (TSX: SEA) (NYSE: SA)
Taranis Identifies Widescale Geochemical Zonation Characteristic of an Intrusive over the I-1 & Z-900/1300 Geophysical Targets
https://www.accessnewswire.com/newsroom/en/metals-and-mining/taranis-identifies-widescale-geochemical-zonation-characteristic-of-an-intrusive-o-998669
Tuesday, 11 March 2025 01:51 PM
Getting Ready for Drilling!
ESTES PARK, CO / ACCESS Newswire / March 11, 2025 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) is providing the third in a series of News Releases that detail exploration for a deep, underlying mineralized intrusive body at Thor. Taranis completed comprehensive geochemical studies of drill core using Gresens method. This method quantifies metasomatism (hydrothermal alteration) and the changes to the rock using immobile elements, typically rare earth elements. Intrusive bodies invoke widespread chemical changes in the host rocks that extend hundreds of meters around the intrusive body. As such, geochemical alteration studies are important guides to targeting a potentially mineralized intrusive body not exposed at surface. This News Release accompanies a schematic cross-section through the area that shows the alteration features in conjunction to the Z-900/1300 and I-1 geophysical targets.
Barren Host Rocks at Thor (Non-Altered)
Most of the host rocks at Thor are barren of mineralization, and consist of metagreywackes and metavolcaniclastics of regional greenschist metamorphic grade. These rocks were analyzed to establish baseline geochemistry for the rocks distal to the mineralized area at Thor. They contain on average: 70.7% SiO2, 1.8% Na2O, 1.3% CaO, 2.5% K2O, 0.07% P2O5, 1.5% MgO and no graphite.
Altered Host Rocks
Weak to Distal Alteration of Host Rocks (Sericitization) - Some of the effects of alteration in metasediments and metavolcaniclastics are the introduction of small amounts of cesium, tin, niobium and tantalum. P2O5 is also introduced into the rock where it is weakly altered. Na2O and CaO is depleted relative to the unaltered rocks, and this is indicative that these rocks have sericitic alteration. The weakly sericitized rocks contain small amounts of graphite (<0.5%).
Intense Alteration of Host Rocks (Intense Sericitization) - Host rocks more proximal to the I-1 and Z-900/1300 Target are intensely altered and start to exhibit widespread introduction of low-levels of zinc and lead, P2O5 and niobium. Highly-altered rocks show depletion of Na2O and CaO. Many of the other trace metals such as arsenic, nickel, copper, barium and tungsten are depleted. These rocks contain <0.5% carbon as graphite.
Bomb Unit (Carbonatization, Sericitization) - This unit was evaluated with a deep drill hole (Thor-242) as it forms a major geophysical feature at Thor, and occurs at a depth of 500m below the surface. The Bomb Unit is suspected to be an alteration halo around a deep-seated intrusive (I-1). These rocks are intensely altered and contain pyritic clasts. Its most distinctive feature is the amount of graphitic carbon (average of 4.43%) which explains the conductive nature of the unit. It is depleted in SiO2, MgO, Na2O, CaO, K2O and barium, but also contains anomalous lead, zinc, copper, cobalt, nickel and antimony suggesting connection to the I-1 Intrusive.
Intrusive and Contact-Related Rocks
I-2 "Dyke" Intrusive Rocks (Chloritization & Albitization) - These rocks included a series of units that are related to two linear magnetic highs that trend NNW across the property. The presence of magnetite makes this unit easily identifiable on magnetic surveys. This intrusive unit is zoned from intrusive breccia in the center, to albite-grossular-andradite, and finally into massive chlorite along the edges of the dyke. The core of the dyke is enriched in strontium, vanadium, chromium, niobium, zinc, nickel, cobalt and copper. I-2 is also enriched in P2O5, MgO, Na2O and Fe2O3, all diagnostic of the mafic composition of the unit. I-2does not contain any gold or arsenic (or metals contained in the Thor epithermal deposit), and it is very depleted in barium.
I-1 Intrusive Related Rocks (Carbonatization & Albitization) - The I-1 intrusive-related rocks are found below and east of the I-2 Intrusive in the bottom of drill holes Thor-246, 247 and 248. I-1 is anomalous in the same metals found in I-2, but is also enriched in carbonate (CaCO3), P2O5, CaO, MgO, Fe2O3 and Na2O. Most important, it has highly anomalous boron, gold, zinc, arsenic and tungsten.
Widescale Strontium and Barium Zonation
The alteration study of the deep drilling has shown that strontium occurs in elevated concentration around, and within the I-1 and I-2 intrusive rocks. Strontium has the most persistent and widescale alteration pattern found in the mass balance modeling. Strontium becomes more enriched with depth (getting closer to the concealed I-1 intrusive body) and an analogous situation is documented at the Lornex Copper Mine in British Columbia. Conversely, barium is very depleted within and around the I-1 and I-2 intrusive features, and this is consistent with what has been seen in other porphyry deposits in British Columbia (Valley Copper).
Comment
John Gardiner, President and CEO of Taranis comments "Thor is a different animal than other intrusive-hosted ore deposits in British Columbia because it is not hosted within volcanic rocks. The intrusive part is totally concealed, and the alteration system has restricted spatial extent due to the presence of non-porous metasedimentary/metavolcaniclastic rocks encasing the intrusive target. The rocks encountered in the 2024 drilling at Thor exposed four types of alteration including sericitization, chloritization, carbonatization and albitization. A fifth type of alteration (silicification accompanying sericitization) is widespread throughout the epithermal deposit. The presence of a circular resistive body (I-1) under the epithermal deposit that is interpreted to be an intrusive is consistent with the geochemical alteration patterns. Since I-2 has intruded and disrupted the epithermal deposit at Thor, it indicates I-1 was the important event that formed the epithermal deposit at Thor. The presence of garnet, albite, amphiboles and pyroxenes are indicative the host rocks have been exposed to contact-metamorphic alteration. Looking forward, we have some particularly good geochemical data that can be used in conjunction with the geophysical survey program plan for the summer of 2025. Most importantly, we have removed the land constraints around the eastern side of the Thor project area which will enable us to put this data to work to find the source of the Thor mineralization".
About Taranis and Thor
Taranis Resources is a Canadian mineral exploration company. The Thor Project is in southeast British Columbia. Taranis has completed upwards of 250 drill holes, linking all previously known mines into a single, near-surface epithermal deposit that has been recently updated into an NI 43-101 Mineral Resource Estimate (see Taranis News Release dated April 11, 2024). In the summer of 2024, Taranis initiated deep drilling aimed at finding the source of the 2 km long epithermal deposit.
Quality Control and Laboratory Methods
All samples for the Thor project were securely delivered to Actlabs in Kamloops, British Columbia. Analytical work was completed both at the Kamloops and Ancaster, Ontario locations. Actlabs is ISO 17025 accredited. Taranis completed two types of geochemical analysis on the drill core.
The first of these was for major oxide geochemistry and quantitative graphite and carbonate determinations. This sampling was completed systematically on drill holes to determine alteration of rock units. Major oxides and trace elements were determined by lithium metaborate/tetraborate fusion and analysis by Inductively Coupled Plasma ("ICP"), Optical Emission Spectrometry ("OES") and Mass Spectrometry ("MS"). Graphite and Carbonate determinations were made using Infrared ("IR") Spectrometry.
Secondly, visibly (or potentially mineralized sections of core) were systematically sampled after sawing the core in half onsite. Samples were analyzed for 42 elements by 4-Acid Digestion / Inductively Coupled Plasma - Mass Spectrometry ("ICP-MS") and for gold by 30g Fire Assay / Atomic Absorption Spectrophotometry ("AAS"). Where overlimit values were encountered in the analysis of these samples, ore-grade' determinations were made using subsequent ICP analysis and gravimetric methods. As a Quality Control ("QC") measure, Taranis also submitted analytical standards into the sample stream every tenth sample in addition to the laboratory's own quality control methods.
Qualified Person
Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is the principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner has reviewed and approved the comments contained within this News Release.
Taranis currently has 100,348,854 shares issued and outstanding (113,827,227 shares on a fully-diluted basis).
TARANIS RESOURCES INC.
Per:
John J. Gardiner (P. Geo.)
President and CEO
For further information contact:
John J. Gardiner
681 Conifer Lane
Estes Park, Colorado 80517
Phone: (303) 716-5922
Cell: (720) 209-3049
johnjgardiner@earthlink.net
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.
SOURCE: Taranis Resources, Inc.
Geologica Announces Anomalous Gold Zone at Lincoln
https://www.newsfilecorp.com/release/244058/Geologica-Announces-Anomalous-Gold-Zone-at-Lincoln
March 11, 2025 7:26 AM EDT | Source: Geologica Resource Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2025) - Geologica Resource Corp. (CSE: GRCM) (FSE: 862) ("Geologica" or the "Company") is pleased to announce results from its 2024 soil sampling program identifying anomalous gold and pathfinder values at the Lincoln Creek Property in northwestern British Columbia. The property lies within the Atlin Gold Camp, northeast of Surprise Lake.
[Figure 1: map showing a north-northeast trending gold-pathfinder anomaly defined by Au, Ag, As, and Bi values. The anomaly directly overlies the predicted 2019 SGH gold target.]
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10667/244058_f89ab0ef14223a5b_001full.jpg
In 2016, lode gold mineralization was discovered in bedrock beneath placer workings at nearby Otter Creek (Mihalynuk et al., 2017) southwest of Lincoln. Several years after these workings were backfilled, a Spatiotemporal Geochemical Hydrocarbon ("SGH") soil survey was conducted over the area. The survey successfully identified the known gold occurrences beneath the cover, validating SGH as an exploration tool in the district.
At Lincoln Creek, a single SGH survey line completed in 2019 identified a potential gold target spanning 750 meters in length. The target area is located east and uphill of Lincoln Creek. ActLabs rated its gold signature at 4.0 out of 6.0, comparable to values obtained over known gold mineralization at Otter Creek.
In September 2024, the Company conducted a soil sampling survey across the SGH anomaly. Given that historical placer drilling shows till depths exceed 30 meters in this area (Kierans, 1985), samples were analyzed at ALS Laboratories using their super-trace gold package (AuME-ST43) to detect subtle geochemical signatures through the deep overburden.
Results from the sampling program show a north-northeast trending (020°) gold-pathfinder anomaly overlying the SGH anomaly. Gold values along this trend range from 0.3 to 296 ppb Au. The gold value of 296 ppb in soils is unexpectedly high and requires further investigation. The anomalous zone also shows consistently elevated levels of silver, arsenic, bismuth, mercury, and thallium. The anomaly remains open along trend to both the southwest and northeast.
Doug Unwin CEO stated, "the team is very enthusiastic about these results as they came in better than expected confirming the previous SGH results, demonstrating the 750 metre gold target is open to the northeast and southwest."
Additional sampling is planned to verify these encouraging results, including both infill sampling and extension of coverage along the open trends.
Geologica's board of directors has approved the issuance of 1,500,000 options to directors and 125,000 options to consultants. Each option may be exercised for $0.05 to purchase a common share of the Company. The options expire 5 years from the date of issue. The options are subject to the Company's stock option plan and will have a legend restricting the sale of shares issued on exercise of the Options of four months and a day.
About Geologica Resource Corp.
Geologica Resource Corp. is focused on exploration of copper and critical minerals. Geologica's Topley Copper Project is enhanced with Antimony and located in the Babine Porhyry Belt of central British Columbia with excellent infrastructure. BPB is a very active area with major miners investing in junior explorers. The Company recently acquired the Titan polymetallic property enhanced with Silver (Ag) Antimony (Sb) and Tellurium (Te) as well as the Lincoln copper/gold property in the Atlin camp. Atlin is area with many operating and past producing precious and base metal mines.
The accuracy of the technical content of this overview had been reviewed by David Mark P.Geo. David is a Qualified Person as defined under NI 43-101, and a member of the Company's board of directors. He approves the technical content of this press release.
Further information on Geologica Resource Corp. can be found on the Company's website https://geologicaresource.com/ and on SEDAR at https://www.sedarplus.ca.
Doug Unwin
President & CEO
(604) 762-5355
doug.unwin@geologicaresource.com
References:
Mihalynuk, M.G., Zagorevski, A., Devine, F.A.M., and Humphrey, E., 2017. A new lode gold discovery at Otter Creek: Another source for the Atlin placers. In: Geological Fieldwork 2016, British Columbia Ministry of Energy and Mines, British Columbia Geological Survey Paper 2017-1, pp. 179-193.
Kierans, M.D., 1985. Becker Hammer Drilling Geological Project on the John Vroom Gold Placer Lease Group, middle Lincoln Creek. Assessment Report #14688.
Forward-Looking Statements
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "ensuring", "believe", "anticipate", "will", "would" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, this news release contains forward-looking information pertaining to the Company's plans and objectives with respect to the Topley Project. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, failure to obtain all necessary regulatory approvals, risks and uncertainties inherent in the exploration and development of mineral properties, and other risk factors set forth in the long-form prospectus of the Company dated July 22, 2022 under the heading "Risk Factors", a copy of which is available on the Company's SEDAR profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.
SOURCE: Geologica Resource Corp.
Torr Metals Expands Kolos Project with Optioning of Drill-Permitted Bertha Property, Featuring Historical High-Grade Copper Up to 8.48% in Outcrop
https://www.globenewswire.com/news-release/2025/03/11/3040505/0/en/Torr-Metals-Expands-Kolos-Project-with-Optioning-of-Drill-Permitted-Bertha-Property-Featuring-Historical-High-Grade-Copper-Up-to-8-48-in-Outcrop.html
March 11, 2025 08:00 ET | Source: TORR Metals, Inc.
VANCOUVER, British Columbia, March 11, 2025 (GLOBE NEWSWIRE) -- via IBN – Torr Metals Inc. (“Torr” or the "Company") (TSX-V: TMET.V) is pleased to announce the signing of an option agreement (the “Option Agreement”), subject to TSX Venture Exchange (“TSXV”) approval, to acquire 100% of the 57 km² Bertha Property (“Bertha”); contiguous to the northern portion of the Kolos Project (the “Project”). In addition, Torr has expanded its land position through strategic claim staking of 35 km² of highly prospective ground surrounding Bertha, bringing the newly acquired area under 100% Torr ownership with no underlying royalties (Figure 1).
The Bertha Property hosts nine significant copper and gold occurrences along an epithermal and porphyry trend extending northwest from Torr’s newly defined Sonic Zone (see January 14, 2025 news release). Despite its strong copper (Cu) and gold (Au) potential, the Bertha area has remained largely underexplored, with no systematic regional exploration, having only been consolidated into a single property in late 2024. Through this acquisition and claim staking the Kolos Project now covers 332 km² along Highways 5 and 97C, strategically located 24 kilometers (km) east of Canada’s largest open-pit copper mine at Highland Valley and 27 km south of the high-grade New Afton copper-gold mine near Kamloops (Figure 1).
Highlights:
High-Grade Copper in Outcrop with Drill Permit
A 7 km² drill-permitted area covers the Bertha, JHC, and Rhyolite occurrences, where historical rock grab samples have returned up to 8.48% copper (Cu) in outcrop, historical reports indicate multiple zones of copper mineralization exposed in trenching over widths up to 7.6 meters (m) covered by only ~465 meters (m) of undocumented historical drilling (Figure 1).
The Bertha, JHC, and Rhyolite occurrences are situated along the margins of a northwest-trending highly magnetic geophysical anomaly, exhibiting a signature consistent with diorite and monzodiorite intrusions that host Cu-Au mineralization at the Sonic, Rea, Lodi, and Kirby alkalic porphyry exploration targets.
Untested Epithermal Gold-Silver Potential
Select historical results from the Plug occurrence include 1.30 g/t Au over 9.91 m from just 3 m depth in drilling, as well as 20.78 g/t Au and 113 g/t Ag over 0.56 m from trenching. At Meadow Creek, located ~1.5 km to the southeast of Plug, trenching returned 2.24 g/t Au and 400.6 g/t Ag over 4.44 m, as well as 6.24 g/t Au and 1715 g/t Ag over 0.36 m located proximal to pyritic feldspar porphyry intrusions trending southeast towards the Sonic Zone porphyry target (Figure 1). With evidence for both high-grade and bulk-tonnage potential, only 545.6 m of recorded historical drilling has been conducted on the Plug and Meadow occurrences to-date.
Only minimal historical drilling and trenching have tested the high-grade epithermal gold-silver targets at the Plug and Meadow Creek occurrences, associated with a linear low magnetic geophysical trend that extends for >5 km along a northwest trend between the Sonic Zone and Bertha-JHC-Rhyolite occurrences.
"The addition of the Bertha Property significantly enhances the Kolos Project by adding nine new high-grade copper and gold occurrences, with porphyry and epithermal potential, that remains largely untested," stated Malcolm Dorsey, President and CEO of Torr Metals. "With a drill permit in-hand covering key targets at Bertha we now have the ability to rapidly advance exploration and unlock the potential of this underexplored area. This acquisition not only increases the scale of our project to 332 km² within a prolific mining district, but it also positions us for a targeted 2025 drill program that will be instrumental in defining potentially new significant copper-gold discoveries in southern British Columbia. Additionally, we have received our water permit for the southern targets, consisting of the Kirby, Lodi, Ace, Rea, and Clapperton occurrences, an essential milestone and precursor to what we anticipate as the near-term approval of a drill permit for these high-priority targets. With multiple large-scale exploration targets now permitted or nearing permit approval, shareholders can look forward to a transformational year ahead as we take significant steps toward unlocking the full potential of Kolos."
Bertha Option Agreement Transaction Details
Torr has entered into a property option agreement (the “Bertha Property Option Agreement”) to acquire a 100% interest in a series of mineral claims located in the province of British Columbia referred to as the “Bertha Property” (Figure 1), subject to a 2% net smelter return.
Pursuant to the terms of the Bertha Property Option Agreement, Torr has the right to earn a 100% ownership interest in the Bertha Property as follows:
Pay $5,000 to the Property Owner upon signing of the Option Agreement (complete);
Within three months of TSXV approval issue 100,000 common shares and pay cash $20,000 to the property owners;
By December 31, 2025 complete $50,000 of expenditures on the Bertha Property;
On the 1st anniversary of the approval date, issue 200,000 common shares and pay cash $25,000 to the property owners, and complete a minimum of $125,000 of expenditures on the Bertha Property;
On the 2nd anniversary of the approval date, issue 200,000 common shares and pay cash $75,000 to the property owners, and complete a minimum of $250,000 of expenditures on the Bertha Property;
On the 3rd anniversary of the approval date, issue 400,000 common shares and pay cash $125,000 to the property owners, and complete a minimum of $500,000 of expenditures on the Bertha Property;
The Bertha Property net smelter return may be bought down by the Company at any time by 1% with a cash payment of $1,000,000 (CDN).
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 and ISO 9001:2015 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples. At ALS the samples were digested using Aqua Regia and analyzed via ICP-MS and ICP-AES using a 25g sample aliquot under the ALS code AuME-TL43. The Company follows industry standard procedures for the work carried out on the Kolos Project. Due to the reconnaissance nature of the soil sampling the Company relied on the internal quality assurance quality control (“QA/QC”) measures of ALS. Torr Metals detected no significant QA/QC issues during review of the data.
Qualified Person
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a consultant to the Company who is a qualified person defined under National Instrument 43-101.
About Torr Metals
Torr Metals, based in Vancouver, BC, is advancing its 100% owned, district-scale copper-gold porphyry and orogenic gold projects, all organically generated in-house at minimal cost. Each project benefits from excellent infrastructure, enabling cost-effective, year-round exploration. The 332 km² Kolos Copper-Gold Project located in southern British Columbia’s Quesnel Terrane is just 24 km east of Canada’s largest open-pit copper mine at Highland Valley. In northern Ontario, the 261 km² Filion Gold Project lies along the Trans-Canada Highway 11, 42 km northwest of Kapuskasing, covering an unexplored greenstone belt with high-grade gold potential just 202 km from the world-class Timmins mining camp. For more information, visit Torr Metals’ website or view documents on SEDAR at www.sedarplus.com.
On behalf of the Board of Directors
Torr Metals Inc.
"Malcolm Dorsey"
Malcolm Dorsey
President, CEO and Director
For further information:
Malcolm Dorsey
Telephone: 236-982-4300
Email: malcolmd@torrmetals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans," "expects" or "does not expect," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates" or "does not anticipate," or "believes," or variations of such words and phrases or state that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur" or "be achieved." Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis which is available on the Company's profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com
Figure 1 Kolos Project location with annotated occurrences, Bertha Property location, and new claim staking i...
North Bay Resources Announces Assays up to 5.69% Copper, 1 Opt. Silver, and 0.22% Vanadium at Copper Island Project, British Columbia
https://www.globenewswire.com/news-release/2025/03/10/3039779/18156/en/North-Bay-Resources-Announces-Assays-up-to-5-69-Copper-1-Opt-Silver-and-0-22-Vanadium-at-Copper-Island-Project-British-Columbia.html
March 10, 2025 09:00 ET | Source: North Bay Resources Inc.
BISHOP, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI)
Nicola Mining and High Range Exploration Receive Draft Permit for High Grade Dominion Creek Mineral Project
https://www.newsfilecorp.com/release/243457/Nicola-Mining-and-High-Range-Exploration-Receive-Draft-Permit-for-High-Grade-Dominion-Creek-Mineral-Project
March 06, 2025 9:00 AM EST | Source: Nicola Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2025) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has received the draft bulk sample permit1 ("Draft Permit") for its Dominion Creek Mineral Project ("Dominion"), a high grade gold and silver project, of which Nicola owns a 75% economic interest.
The draft permit, issued by the British Columbia Ministry of Mining and Critical Minerals, outlines the regulatory framework to extract 10,000 tonnes of gold and silver ore at Dominion, which is located 43 kilometers northeast of the Town of Wells and approximately 110 kilometers east-southeast of Prince George.
As announced in its August 3, 2023, news release, Nicola conducted due diligence, which included a site visit and sampling. Results from a 9.7 kg sample of outcropping sulfide mineralization taken from the Number 16 Vein returned 62.1 g/t Au, 320 g/t Ag, 23.4% Pb, and 12.4% Zn. Additionally, the owner of the property provided 26.4 kg of mineralized material selected from a bulk sample extracted between 1989 and 1992. The 26.4 kg sample had the following grades: 58.7 g/t Au, 130 g/t Ag, 7.7% Pb, 4.2% Zn, 1.49% Fe, and 4.65% S2.
Nicola has already paid the required reclamation deposit3 on behalf of itself and High Range Exploration Ltd. ("High Range") for a Notice of Work and Reclamation Program while the latter has been actively prepping towards ore extraction, which is targeted to commence in July of 2025. Ore from the bulk sample will be transported to Nicola's wholly owned mill for processing.
Receipt of the Draft Permit is the culmination Nicola and High Range working closely together to complete environmental requirements, mine plan and consultation. The milestone is attributable to behind-the-scenes hard work from the two teams, both of whom remain committed to meeting the highest environmental, safety, and community standards
"The two parties have worked closely together for three years to garner this milestone," said Peter Espig, President & CEO of Nicola. "High Range President, Alan Raven, has been associated with the project for over two decades and first submitted the application in 2018. To finally be able to move forward with a mine plan is another step forward for Nicola's goal of creating shareholder value and we are fortunate to have Alan's knowledge, experience, and passion solidify the partnership."
Alan Raven, President of High Range, commented, "Nicola and its team are not only professional, but also exemplify integrity and passion. High Range is fortunate to have found such a partner and we look forward to making the project a success for all."
Qualified Person
William Whitty, P. Geo., VP of Exploration for the Company, is the Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects has reviewed and approved the technical disclosure contained in this news release.
About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high grade gold projects. Nicola's fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.
The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of over 10,800 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada's largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which include 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.
On behalf of the Board of Directors
"Peter Espig"
Peter Espig
CEO & Director
For additional information
Contact: Peter Espig
Phone: (778) 385-1213
Email: info@nicolamining.com
Forward-Looking Information
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
1 Bulk Sample: An exploration and development activity conducted on a mineral claim to investigate the metallurgical properties of an ore body, to test extractive milling methods, mill equipment, and potential markets.
2 It should be noted that 80 tonnes of concentrate were shipped and processed at the Cominco smelter in Trail in 1992, which is a lower grade than samples taken. The mill head grade determined for the bulk sample was 14.1 g/t Au and the average gold recovery was 93%.
3 Nicola announced on December 4, 2024, that it had paid the $137,000 reclamation bond.
SOURCE: Nicola Mining Inc.
Ranchero Options Sandspit Gold Property, Canada
https://finance.yahoo.com/news/nvidia-chart-watchers-brace-more-095158907.html
Ranchero Gold Corp.
Fri, February 28, 2025 at 2:00 PM PST 4 min read
RNCHF
0.00%
Ranchero Gold Corp. VANCOUVER, British Columbia, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Ranchero Gold Corp. (“Ranchero” or the “Company”) (TSX.V:RNCH) is pleased to announce that it has entered into an option agreement (the “Option Agreement”) with Homegold Resources Ltd. (“Homegold”) whereby Ranchero can earn a 100% interest in the Sandspit Gold Project (the “Sandspit Project”), consisting of five mineral claims totaling 398.66 hectares, situated immediately south of Sandspit, Haida Gwaii, British Columbia.
The Sandspit Project is a prospective epithermal gold exploration project lying along the Sandspit fault approximately 40km south of the Harmony Gold project1. Historical work on the Sandspit Project consists of a number of drill programs totaling approximately 1,350 meters; trenching and geochemical survey; and a geophysical (IP, magnetic & resistivity) survey.
The key terms of the Option Agreement are that Ranchero may earn a 100% interest in the Sandspit Project by making cash payments to Homegold of $6,000 on signing, an additional $6,000 by the first anniversary date of the Agreement and a remaining $100,000 on the second anniversary date of the Agreement. The Sandspit Project will be subject to a 3% net smelter returns royalty to be granted to Homegold following the exercise of the option with a right for Ranchero to repurchase half of the royalty for the cash payment of $1,500,000. All figures are in Canadian dollars.
The Company further announces that it has informed Recharge Resources that it does not intend to pursue its option over the Pinchi Lake Nickel Project as announced on November 21, 2023 and has agreed to mutually terminate the option agreement with Recharge Resources Ltd.
Qualified Person
Scientific and technical information in this news release has been reviewed and approved by Martyn Buttenshaw, a director of Ranchero, who is a "qualified person" as defined by NI 43-101.
About Ranchero Gold
Ranchero is an exploration and development company currently focused on the early-stage gold exploration. Ranchero has the option to earn a 100% interest in the Sandspit gold project, consisting of five mineral claims totaling 399 hectares, situated immediately south of Sandspit, Haida Gwaii, off the coast of British Columbia, Canada. The Company continues to look for additional projects to add to its portfolio.
On behalf of the Board of Directors of the Company:
Jesus Noriega
Interim Chief Executive Officer and Director
For further information, please contact:
Jesus Noriega
Interim Chief Executive Officer and Director
52 1 (662) 437 8520
info@rancherogold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements
This news release contains certain forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate” “plans”, “estimates” or “intends” or stating that certain actions, events or results “ may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), or that are not statements of historical fact, may be “forward-looking statements”. Forward-looking statements contained in this news release include, but are not limited to, statements regarding the potential exercise of the option to acquire the Sandspit Project.
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements. These risks and uncertainties include but are not limited to: risks related to regulatory approval, including: risks inherent in exploration activities; the impact of exploration competition; unexpected geological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. There can be no assurance that forward-looking statement will prove to be accurate, and actual results and future events could differ materially from those anticipate in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
__________
1 See the press release of Taseko Mines Limited dated July 12, 2021.
Canadian Critical Minerals Announces Increases of Indicated Metal of 11% for Copper and 17% for Gold at the Bull River Mine
https://www.newsfilecorp.com/release/243285/Canadian-Critical-Minerals-Announces-Increases-of-Indicated-Metal-of-11-for-Copper-and-17-for-Gold-at-the-Bull-River-Mine
March 04, 2025 5:02 PM EST | Source: Canadian Critical Minerals Inc.
Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF
Eagle Plains and Earthwise Minerals Execute Option Agreement for the Iron Range Gold Project, British Columbia
https://www.accessnewswire.com/newsroom/en/metals-and-mining/eagle-plains-and-earthwise-minerals-execute-option-agreement-for-the-iron-range-go-993061
Monday, 03 March 2025 07:00 AM
CRANBROOK, BC / ACCESS Newswire / March 3, 2025 / Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or "Eagle Plains") and Earthwise Minerals Corp. (CSE:WISE) ("Earthwise") ("WISE" or "Earthwise") are pleased to announce that further to their respective news releases dated February 10, 2025, the parties have entered into an option agreement (the "Option") dated February 26, 2025, pursuant to which Earthwise has been granted the exclusive right to acquire up to an 80% interest in Eagle Plains' wholly-owned Iron Range gold project ("the Project").
Drilling at Iron Range in 2010 resulted in the discovery of the Talon Zone, where drill-hole IR10-010 intersected 2 intervals of strong and continuous mineralization including 14.0m grading 5.1g/t gold, 1.86% lead, 2.1% Zinc, 75.3g/t silver and 7.1m grading 8.13g/t gold, 2.84% lead, 3.07% zinc, 86.6g/t silver (Eagle Plains news release December 21st, 2010). Previous drilling 10km north of the Talon Zone in 2008 by Eagle Plains intersected gold mineralization in drill-hole IR08006 which assayed 7.0m grading 51.52g/t (1.50 oz/ton) gold (Eagle Plains news release dated April 20th, 2009).
The 21,437ha Iron Range Project is considered by management of both Eagle Plains and Earthwise to hold excellent potential for the presence of structurally controlled gold-silver mineralization, iron-oxide copper-gold ("IOCG") and Sullivan-style lead-zinc-silver sedimentary-exhalative ("sedex") mineralization. The property is owned 100% by Eagle Plains, with a portion of the property subject to an underlying 1.0% Net Smelter Royalty held by a third party.
To exercise the Option, Earthwise must make a series of cash payments and share issuances to Eagle Plains and fund exploration expenditures on the Project. These payments, share issuance and expenditures are separated into two phases, with the First Option entitling the Company to acquire a 70% interest in the Project by paying CA$250,000, issuing an aggregate of 1,500,000 common shares to EPL and funding CA$4,000,000 in exploration expenditures on the Project by over a four-year term, including $200,000 in expenditures in 2025. Pursuant to the Second Option (if elected by Earthwise), the Company may acquire an additional 10% interest in the Project (for an 80% total interest) by notifying Eagle Plains of its intent to increase its interest to 80%, making an additional one-time payment of CDN$ 1,000,000 cash and completing a bankable feasibility study on the Property prior to the eight anniversary of the Option.
If either the First Option or the Second Option is exercised, a 2% smelter returns royalty will be granted to the Eagle Plains over the entire property, 1% of which may be repurchased for CA$1,500,000.
Eagle Plains will serve as Operator under the terms of Option and will reserve the right to use TerraLogic Exploration Inc. as geoscience consultant. Following the exercise of either the First Option or the Second Option, Earthwise and Eagle Plains shall then form a 70/30 or 80/20 joint venture ("JV") to further explore and develop the Property.
See Iron Range Project Information and Map here
Iron Range Project Summary
The 21,437ha Iron Range Project located near Creston, BC, is owned 100% by Eagle Plains, subject to a 1% NSR on a portion of the claim group. A well-developed transportation and power corridor transects the southern part of the property, including a high-pressure gas pipeline and a high-voltage hydro-electric line, both of which follow the CPR mainline and Highway 3. The rail line provides efficient access to the Teck smelter in Trail, B.C. The project is fully permitted with a Multi-Year Area Based (MYAB) permit in place issued by the BC Ministry of Mining and Critical Minerals that includes provisions for geophysical work, mechanical trenching, access trail construction and diamond drilling.
The Iron Range property covers an extensive area approximately 10km x 32km which overlies the regional Iron Range Fault System ("IRFS"). Prior to the acquisition by Eagle Plains in 2001, the property had seen little systematic exploration for other than iron resources known to exist on the property since the late 1800s. Since 2001, Eagle Plains and its partners have completed 21,593m of diamond-drilling in 87 holes, collected 2482 line-km of airborne and surface geophysical data and analysed 10,053 soil geochemical samples, 495 rock samples and 6955 drill core samples.
Qualified Persons
Charles C. Downie, P.Geo., a "qualified person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and a director of Eagle Plains, has reviewed and approved the scientific and technical disclosure in this news release.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project generator that continues to conduct research, acquire and explore mineral projects throughout western Canada, with a focus on critical metals integral to an increasingly electrified, decarbonized economy.
The Company was formed in 1992 and is the ninth-oldest listed issuer on the TSX-V (and one of only three that has not seen a roll-back or restructuring of its shares). Eagle Plains has continued to deliver shareholder value over the years and through numerous spin outs has transferred over $100,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle Plains latest spinout; Eagle Royalties Ltd. (CSE:"ER") was listed on May 24, 2023, and holds a diverse portfolio of royalty assets throughout western Canada.
On October 2, 2024, Eagle Plains announced announce the formation of a separate division within the Company that will give Eagle Plains' shareholders direct exposure to strategic opportunities in Canadian green energy transition. As a wholly owned subsidiary of Eagle Plains, Osprey Power Inc. ("OP") will focus on identifying and advancing innovative and diverse clean energy project portfolios in target markets throughout Canada, with an initial focus on Western Canada.
Eagle Plains' core business is acquiring grassroots critical- and precious-metal exploration properties. The Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of projects toward discovery through collaborative partnerships and development of a highly experienced technical team.
Expenditures from 2010-2024 on Eagle Plains-related projects exceed $39M, the majority of which was funded by third-party partners. This exploration work resulted in approximately 50,000m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.
Throughout the exploration process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships through honest and respectful business practices.
On behalf of the Board of Directors
"C.C. (Chuck) Downie" P.Geo
President and CEO
For further information on EPL, please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: mgl@eagleplains.com or visit our website at https://www.eagleplains.com
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE: Eagle Plains Resources Ltd.
TDG Outlines ~12 km Structural Corridor of Copper-Gold Porphyry Targets, Toodoggone
https://www.accessnewswire.com/newsroom/en/metals-and-mining/tdg-outlines-12-km-structural-corridor-of-copper-gold-porphyry-targets-toodoggone-994391
Monday, 03 March 2025 07:00 AM
WHITE ROCK, BC / ACCESS Newswire / March 3, 2025 / TDG Gold Corp. (TSXV:TDG) (the "Company" or "TDG") is pleased to report identification of a ~12 kilometre ("km") structural corridor of copper-gold porphyry targets within its 100% owned Greater Shasta-Newberry and Baker Complex mineral claims. Re-interpreted geophysical data, supported by sediment, rock and soil sampling and geologic information, is suggestive of a series of potential copper-gold ("Cu-Au") porphyry systems covering ~12 kilometres of strike that merit systematic exploration (Figure 1).Evaluation of these targets will be part of TDG's planned and fully funded 2025 exploration program.
There will be in a live webinar at 10:00 am pacific time on March 12, 2025, to present the information contained within this news release. Click here to signup for the webinar which is hosted by 6ix.
Greater Shasta-Newberry & Baker Complex
TDG's Greater Shasta-Newberry project is located adjacent to the recently announced AuRORA1 gold-rich copper porphyry discovery by Freeport McMoRan Inc. and Amarc Resources Limited ("Freeport-Amarc") (news release Jan 17, 2025). Greater Shasta-Newberry and the Baker Complex cover ~60 sq.km and encompass TDG's mineral resource2 at the former producing gold-silver Shasta mine (news release Jan 08, 2025) and the former high-grade gold-silver-copper underground mine at Baker. The Greater Shasta-Newberry and Baker Complex areas share a number of similarities3 with the AuRORA1 deposit.
Figure 1 - Magnetic anomalies (RTP displayed) associated with low resistivity (ZTEM) along a 12 km structural corridor
Targeting Techniques
Successful targeting for porphyry-style mineralization at AuRORA1 appears to be based on identifying major structural and geological controls and applying geophysical techniques that characterize (i) magnetite-rich portions of mineralized intrusive systems, (ii) conductive zones associated with networks of sulphides that could be indicative of mineralized areas with high vein densities, and (iii) high chargeability anomalies. Applying this approach to TDG's properties using the currently available geophysics has identified multiple, discrete, coincident high-magnetic and low-resistivity anomalies (Figure 1). One of the key tools used in defining AuRORA1 appears to have been Induced Polarization ("IP) geophysics, which has never been completed on these newly identified targets and will be an important step to finalise drill placement on TDG's high priority targets.
Technical Support
TDG is pleased to announce that it has retained Jeff Kyba, P.Geo, consulting geologist, to assist with its exploration targeting in 2025. Jeff Kyba was co-author in defining the ‘Red Line' in BC's ‘Golden Triangle,' NW British Columbia - a stratigraphic unconformity located within 2 km of nearly all major deposits in the Stikine Terrane separating the Lower Hazelton (Jurassic) and Upper Stuhini (Triassic) Groups of rocks. The Toodoggone District is also part of the Stikine Terrane and the analogue of the ‘Red Line' in this area is the unconformity between the Lower Hazelton (Jurassic) and Upper Takla (Triassic) Groups of rocks.
Steven Kramar, TDG's VP Exploration, commented: "We have begun an iterative process to understand the controls on the AuRORA1 mineralization and how these might have implications for Greater Shasta-Newberry, and potentially parts of a larger system extending over ~12km. The AuRORA1 discovery is in the same regional corridor as our Trident target (news release Mar 07, 2024) and AuRORA1 has improved our understanding of potential controls on mineralization in the area. We are looking forward to mobilizing at the earliest opportunity, so we can begin the evaluation of this trend on TDG's properties.
TDG is also pleased to welcome Jeff Kyba to the team. His work with the Kyba-Nelson ‘Red Line' and understanding geological conditions for favourable mineralization will be important as we explore across our Toodoggone portfolio."
Importance of the ‘Red Line'
The Kyba-Nelson ‘Red Line' (2014†) is a recognized structural and stratigraphic boundary in British Columbia's ‘Golden Triangle' and Toodoggone District. This horizon marks a major geological unconformity and structural weakness zone associated with significant porphyry and epithermal mineralization. Many world-class deposits1 (KSM, Red Chris, Brucejack, Kemess) and significant deposits/prospects1 (Baker, Shasta, Lawyers, Pine, AuRORA) are located within 2 km of this exposed contact. Nearly the entirety of the Baker Complex, Greater Shasta-Newberry and the intervening ground are all within 2 km of the historically mapped ‘Red Line' (Figure 2).
Figure 2 - The Kyba-Nelson ‘Red Line' with the hatched area defining within 2 km of the ‘Red Line'
Geophysics
The Baker Complex and Greater Shasta-Newberry area exhibit multiple, coincident overlapping geophysical signatures with similarities to the AuRORA1 discovery and may be part of a larger porphyry system. The geophysical inventory of studies completed (wholly or partially) currently includes:
Magnetotellurics ("MT") completed by Amarc-Freeport in 2023 which covers AuRORA1 and a portion of the boundary with Greater Shasta-Newberry
Airborne magnetics, radiometric and Z-Tipper Electromagnetic ("ZTEM") surveys by Sable Resources Limited in 2017 across the Baker Complex, Greater Shasta-Newberry and AuRORA1
Ground magnetics and Very Low Frequency Electromagnetics ("VLF") surveys across Greater Shasta completed by TDG in 2021-2023 targeting shallow, epithermal gold-silver mineralization (news release Oct 17, 2022)
Historical limited ground magnetics and VLF surveys4 on one of the prospects
Historical regional scale airborne magnetic and gravity surveys4 (focused on the Spur target)
To date, eight geophysical targets have been upgraded as high-priority areas of interest (Figure 1) that demonstrate a 'magnetic high' core (ie. magnetic anomaly) with an associated low resistivity (ZTEM) zone. Ground geophysical data collected by TDG and airborne data by previous operators has now been sent to a specialty geophysical firm for reprocessing and reinterpretation in the context of porphyry exploration and the recent AuRORA1 discovery. Additional targets across the Baker Complex are being re-evaluated and may be added to the target list in due course.
Figure 3 - Important Structural Domains in the Greater Shasta-Newberry vicinity
Structure
A detailed structural review is underway utilizing historical geological studies and modern geophysical (2D and 3D) datasets to better understand and define structural domains. In the Toodoggone District, two structural fabrics potentially control porphyry and epithermal mineralization. Northwest parallel trending faults, structures and lineaments appear to serve as a major control on the mines, deposits and prospects from Kemess1 (in the southeast) through Pine1, Shasta, Baker, Lawyers1, and Ranch1 (in the northwest). These parallel northwest trending structures create ‘corridors' of highly prospective areas for significant mineralization (Figures 1 & 2).
A second fabric in the east-northeast direction appears to control clustering of areas of mineralization. This is demonstrated at Kemess North1, which also includes Nugget1, Kemess Underground1, Kemess Offset1 and Kemess East1 deposits - all aligned along an east-northeast fabric. TDG's past producing high-grade Baker mine and associated unmined prospects are aligned along a prominent east-northeast trend and past production had Cu enrichment. The Greater Shasta-Newberry and AuRORA1 area appears to show similar controls (Figure 3 above).
Qualified Person
The technical content of this news release has been reviewed and approved by Steven Kramar, MSc., P.Geo., Vice President, Exploration for TDG., a qualified person as defined by National Instrument 43-101.
† Nelson, J., Kyba, J., 2014. Structural and stratigraphic control of porphyry and related mineralization in the Treaty Creek Glacier - KSM - Brucejack - Stewart trend of western Stikinia. Geological Fieldwork 2013, British Columbia Ministry of Energy and Mines, British Columbia Geological Survey Paper 2014-1, pp. 111-140.
1Adjacent Properties: The Company has no interest in, or rights to, any of the adjacent properties mentioned, and exploration results on adjacent properties are not necessarily indicative of mineralization on the Company's properties. Any references to exploration results or mineral occurrences on adjacent properties are provided for information only and do not imply any certainty of achieving similar results on the Company's properties.
2Mineral Resource Estimate (MRE): All scientific and technical information relating to the TDG's Shasta Project pertaining to the Shasta Mineral Resource Estimate ("Shasta MRE") contained in this news release is derived from the Technical Report dated February 21st, 2025 (with an effective date of December 29, 2024) titled "2025 Updated Resource Estimate For The Shasta Deposit" (the "2025 Technical Report") prepared by Sue Bird, MSc., P.Eng. of Moose Mountain Technical Services. The information contained herein in respect of the Shasta MRE is subject to all of the assumptions, qualifications and procedures set out in the 2025 Technical Report and reference should be made to the full text of the 2025 Technical Report, a copy of which has been filed with the securities regulators in each of the provinces of Canada (except Québec) and is available on www.sedar.com.
3Mineral Exploration/Exploration Target Area(s): Exploration targets and/or Exploration zones and/or Exploration areas are speculative and there is no certainty that any future work or evaluation will lead to the definition of a mineral resource.
4Historical Data: This news release includes historical information that has been reviewed by TDG's qualified person (QP). TDG's review of the historical records and information reasonably substantiate the validity of the information presented in this news release.
About TDG Gold Corp.
TDG is a major mineral tenure holder in the historical Toodoggone District of north-central British Columbia, Canada, with 100% ownership of ~50,000 hectares of brownfield and greenfield exploration ground.
In 2023, TDG defined the 5.5 sq.km Greater Shasta-Newberry exploration target area (news release Jan 25, 2023) which is located directly adjacent to the gold-rich copper porphyry AuRORA1 discovery announced by Freeport McMoran Inc. and Amarc Resources Ltd. (news release Jan 17, 2025).
In 2024, TDG identified new copper-gold target areas over an expanded footprint covering ~53 sq.km known as the ‘Baker Complex' (news release Feb 28, 2024), including the North Quartz (news release Apr 02, 2024) and Trident (news release Mar 07, 2024) targets. In January 2025, TDG identified an additional porphyry copper +/- molybdenum target at Erebus located within the Bot project (news release Jan 17, 2025). In February 2025, TDG completed the Sofia acquisition, which includes porphyry copper +/- molybdenum +/- gold targets (ARIS Report 41231).
TDG's other projects include the former producing, gold-silver Shasta and gold-silver-copper Baker mines, which produced intermittently between 1981-2012, and the historical high-grade gold Mets developed prospect, all of which are road accessible, and combined have over 65,000 m of historical drilling. These projects have been advanced through compilation of historical data, new geological mapping, geochemical and geophysical surveys and, at Shasta, 13,250 m of modern HQ drill testing of the known mineralization occurrences and their potential extensions. In 2025, TDG published an updated Mineral Resource Estimate2 for Shasta (news release Jan 08, 2025), which remains open at depth and along strike.
ON BEHALF OF THE BOARD
Fletcher Morgan
Chief Executive Officer
For further information contact:
TDG Gold Corp.
Telephone: +1.604.536.2711
Email: info@tdggold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "expand", "merit", "continue", "potential", "improve", "discover", "appear", "outline", anomaly", "suggest", "significant", "exhibit", "coincident", "prospective", "identify", "similar", "open", "opportunity", and variations of these words as well as other similar words or statements that certain events or conditions "could", "may", "would" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current and planned exploration activities; the interpretation that the Greater Shasta-Newberry Target Area represents a larger mineralized system encompassing several target zones and the potential that such zones may represent additional Shasta-like deposits; the timing; the uncertainty that any mineralization encountered on adjacent properties continues on to TDG tenure; the uncertainty that geological and/or geophysical and/or any trends, interpretations, or conclusions based on adjacent properties have relevance to TDG's tenure; whether geophysical anomalies and targets located on TDG's properties represent epithermal and/or porphyry-style mineralization and, if so, whether such mineralization has economic potential; whether the NW-trending structural corridor and/or the ENE trends are in fact important in localizing mineralization; whether or not the ‘Red Line' and/or Hazleton/Takla unconformity are, in fact, important in localizing mineralization; whether exploration activities in 2025 and beyond identify mineralization of economic interest; changes in project parameters as plans to continue to be refined; accidents, labour disputes and other risks of the mining industry; the availability of sufficient funding on terms acceptable to the company to complete the planned work programs; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
SOURCE: TDG Gold Corp.
Apex Investigation Reveals 24.98 g/t Au over 10.20 m in Historic Drill Hole E1411 on Its Holdings in Southern British Columbia, Canada
https://www.newsfilecorp.com/release/242783/Apex-Investigation-Reveals-24.98-gt-Au-over-10.20-m-in-Historic-Drill-Hole-E1411-on-Its-Holdings-in-Southern-British-Columbia-Canada
February 28, 2025 6:00 AM EST | Source: Apex Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Apex Resources Inc. (TSXV: APX) (OTC Pink: SLMLF
Freeport/Amarc Announce More Drill Results From Aurora and Three Emerging Copper-Gold Systems at the Joy District
Highlights from additional AuRORA Deposit Discovery Drill Holes Include:
132.00 m of 1.71% CuEQ* with 1.87 g/t Au, 0.63% Cu and 5.2 g/t Ag including
90.00 m 0f 2.26% CuEQ with 2.53 g/t Au, 0.81% Cu and 6.5 g/t Ag
204.00 m of 0.72% CuEQ with 0.74 g/t Au, 0.28% Cu and 3.9 g/t Ag including
50.85 m of 1.41% CuEQ with 1.51 g/t Au, 0.53% Cu and 6.5 g/t Ag
* See notes to Table 1.
https://www.accessnewswire.com/newsroom/en/metals-and-mining/amarc-announces-more-drill-results-from-aurora-and-three-emerging-copper-gold-syst-993057
Friday, 28 February 2025 07:45 AM
VANCOUVER, BC / ACCESS Newswire / February 28, 2025 / Amarc Resources Ltd. ("Amarc" or the "Company") (TSXV:AHR)(OTCQB:AXREF)
Bronco Resources Expands High Grade Gold Mineralization Along Strike & In Parallel Zones
https://thenewswire.com/press-releases/1AJ6Fqd3V-bronco-resources-expands-high-grade-gold-mineralization-along-strike-in-parallel-zones.html
BRONCO RESOURCES CORP. (TSX-V:BRON)
Goliath Drills 9.39 g/t AuEq Over 10.17 Meters And Updates Model With 4 New Gold Veins For A Total Of 12 Stretching Vertically For 1.2 km And Spread Over A 1.8 km2 Area That Remain Open On Surebet, Golden Triangle, B.C.
https://www.globenewswire.com/news-release/2025/02/27/3033739/0/en/Goliath-Drills-9-39-g-t-AuEq-Over-10-17-Meters-And-Updates-Model-With-4-New-Gold-Veins-For-A-Total-Of-12-Stretching-Vertically-For-1-2-km-And-Spread-Over-A-1-8-km2-Area-That-Remain.html
February 27, 2025 07:28 ET | Source: Goliath Resources Limited
Equity Metals Expands Gold-in-Soil Anomaly with Assays up to 41.8g/t Au in Grab Samples from the Arlington Gold Property, British Columbia
https://www.newsfilecorp.com/release/242384/Equity-Metals-Expands-GoldinSoil-Anomaly-with-Assays-up-to-41.8gt-Au-in-Grab-Samples-from-the-Arlington-Gold-Property-British-Columbia
February 27, 2025 9:00 AM EST | Source: Equity Metals Corporation
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Equity Metals Corporation (TSXV: EQTY) (OTCQB: EQMEF) (FSE: EGSD) ("Equity" or the "Company") reports on surface sampling results from Q4 2024 work on the Arlington project, located in the Greenwood Mining district, southern British Columbia. The 2024 sampling was part of the Company's validation work on the property initiated soon after acquisition in November 2024.
The work was performed over a seven-day period and consisted of infill soil sampling, prospecting and hand-trenching. A total of 217 soil samples and 22 rock samples were collected. The program was highly successful, both in enlarging the previously-outlined southern Au-in-soil anomaly to 800m x 800m on the South Fresh Pots Target (See Figure 1) and in providing further internal definition to some of the better clusters of higher gold values from earlier (pre-2024) sampling. Of significance 33 of the 217 soil samples returned values >100ppb Au and 3 returned values >1g/t Au. Similarly, 48 of the 217 samples returned >0.5g/t Ag and 8 returned >1g/t Ag.
Gold-bearing outcrop was discovered beneath shallow soil cover on a small portion of the gold-in-soil anomaly in a two-meter hand-dug trench, which returned 41.8g/t Au and 7.9g/t Au in grab samples and 13.3g/t Au over two meters from a continuous chip sample. In addition, a new polymetallic vein showing was discovered to the north associated with a massive metre-scale marble lens that assayed 0.126ppm Au, 21.63ppm Ag, 1.07% Pb, and 1.26% Zn.
Claim Staking
The Company reports that it has increased its land position at the Arlington property. An additional three claims totalling 1,830ha were staked in late January. The Arlington property now consist of 12 claims totaling 5,387ha.
Airborne Geophysical Survey
The Company reports that it has also completed an airborne magnetic/radiometric survey over the Arlington gold-silver project. The 1,193 line-kilometre survey was flown at a 50-metre line-spacing by Precision Geosurveys Inc. over a 3-day period in late January, covering the entire 5,387ha Arlington property.
The survey shows good correlation between certain magnetic/radiometric signatures and several known geological features (lithological and structural) previously recognized on the property. The magnetic data is currently being inverted and will then be incorporated into the larger Arlington database for further interpretation and targeting assessment.
VP Exploration Rob Macdonald commented, "This work on the Arlington property is part of a larger exploration program to be continued in Spring '25 which will include a Lidar Survey, ground IP geophysics, surface mapping and sampling, which will be followed by a 3,000-metre drill campaign initially targeting the South Fresh Pots gold anomaly. This work is budgeted at CDN$1.2 million. It is fully funded and is scheduled to start in mid-April."
Figure 1: Gold and Silver assay results from rock and soil sampling 2015 to 2024 on the Fresh Pots target, Arlington property. Note the brighter colours represent gold and silver assays results from the 2024 sampling while the paler colours represent pre-2024 sample results.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5566/242384_ed9768644409ab34_002full.jpg
About Equity Metals Corporation
Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. As well, the Company has an option to acquire a 100% interest in the Arlington Property, located within the Boundary District of south-central British Columbia.
Robert Macdonald, MSc. P.Geo, is VP Exploration of Equity Metals Corporation and a Qualified Person as defined by National Instrument 43-101. He is responsible for the supervision of the exploration on the Arlington and Silver Queen projects and for the preparation of the technical information in this disclosure.
On behalf of the Board of Directors
"Joseph Anthony Kizis, Jr."
Joseph Anthony Kizis, Jr., P.Geo
President, Director, Equity Metals Corporation
For further information, visit the website at https://www.equitymetalscorporation.com; or contact us at 604.641.2759 or by email at corpdev@mnxltd.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements including statements regarding the exercise of the option to acquire a 100% interest in the Arlington Property, Exchange acceptance of the Arlington Agreement, and future exploration plans and expenditures on the Arlington Project. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Equity Metals Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
SOURCE: Equity Metals Corporation
Pacific Empire Provides Updated Drill Targets at Trident and Pinnacle Projects
https://www.newsfilecorp.com/release/242581/Pacific-Empire-Provides-Updated-Drill-Targets-at-Trident-and-Pinnacle-Projects
February 27, 2025 7:30 AM EST | Source: Pacific Empire Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Pacific Empire Minerals Corp. (TSXV: PEMC)
Nova Pacific Metals Samples 3.28 g/t Au, 418 g/t Ag, and 4.77% Cu at Lara Property Extension
https://www.newsfilecorp.com/release/242586/Nova-Pacific-Metals-Samples-3.28-gt-Au-418-gt-Ag-and-4.77-Cu-at-Lara-Property-Extension
February 27, 2025 3:05 AM EST | Source: Nova Pacific Metals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (
Sasquatch Resources Announces Private Placement and Provides Corporate Update
https://www.newsfilecorp.com/release/242541/Sasquatch-Resources-Announces-Private-Placement-and-Provides-Corporate-Update
February 26, 2025 4:30 PM EST | Source: Sasquatch Resources Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2025) - SASQUATCH RESOURCES CORP. (CSE: SASQ) ("Sasquatch" or the "Company") is pleased to announce that it will be conducting a non-brokered private placement (the "Offering") under which it will raise aggregate gross proceeds of up to $500,000.
The Offering will consist of the issuance of up to 10,000,000 units (each, a "Unit") at a price of $0.05 per Unit. Each Unit will consist of one common share of the Company and one share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to purchase one common share at a price of $0.075 for a period of twenty-four (24) months from the date of issuance.
The Company may pay finder's fees in connection with the Offering. Securities issued under the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. Insiders of the Company are expected to participate in the Offering.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
Corporate Update
The Company has furthered its plans to process and exploit waste rock at Mount Sicker while simultaneously reclaiming the site and addressing the many hazards and environmental issues that remain there from previous mining activities (which mainly occurred from 1895-1910). Succinctly, the Company intends to use mobile ore-sorting technology to identify and remove waste rock which is high in gold, copper, silver and zinc, leaving rejected material (presumably low in sulphides and harmless) behind. Removal of the high sulphide waste and other reclamation efforts are expected to encourage natural growth in an area that has otherwise remained barren for over 120 years. The high sulphide waste is expected to have high grades of gold copper, silver and zinc (see Sasquatch's news release dated October 9, 2024 for further detail) and would be transported off-site and sold.
In continuing to develop the waste rock project at Mount Sicker, the Company has begun to work with the local permitting authority to obtain processing and reclamation guidance and approval, and is also looking to advance its current framework agreement with Sulphide Remediation Inc. ("SRI") towards a definitive agreement (see Sasquatch's news release dated June 24, 2024 for further detail respecting the framework agreement).
While the Company is making progress on both fronts, there can be no guarantee that a permit will ultimately be granted, nor that a definitive agreement with SRI will be reached. Nevertheless, as there are a number of viable approaches and options towards processing and reclamation at Mount Sicker, the Company is confident that some workable permitting scenario can be found. Similarly, even in the event that no definitive agreement with SRI can be reached, there are a number of other options the Company could employ to complete the contemplated processing and reclamation plans.
Justin Deveault, a director of Sasquatch, said "I've been around Mount Sicker, both as a Duncan resident and professional prospector, for most of my life. It's got some of the richest waste rock I've ever seen, partially because cut offs during historical mining operations were as high as 8% copper. High sulphide rock that by today's standards would be considered as prime mining material was simply discarded into piles, and is now potentially harming the environment. The old mining site is also full of hazards, including open mining shafts as deep as 200 feet. This project is a wonderful opportunity for the Cowichan Valley to see a long overdue clean up of a large and potentially dangerous eye-sore in an otherwise pristine wilderness, and to also add good quantities of gold, copper, silver and zinc to the supply chain."
About the Company
Sasquatch Resources Corp. is a mineral exploration company focused on its Mount Sicker Property in southern Vancouver Island, British Columbia, and the Blue Grouse Property, located about 30km from the Mount Sicker Property on the south side of Lake Cowichan.
The Company owns its interest in the Mount Sicker Property outright, subject to an aggregate 2% net smelter returns royalty, half of which Sasquatch can repurchase by issuing an aggregate of 500,000 Sasquatch common shares to the royalty holders.
Pursuant to an option agreement, Sasquatch has the irrevocable right and option until July 2027 to conduct exploration on the Blue Grouse Property and to remove and process minerals from the surface and near-surface, including without limitation from the mineral "waste rock" and near-surface exposures up to a depth of 10m from surface. As consideration, Sasquatch is required to make such exploration expenditures on the Property to keep the claims in good standing. In addition, on commencement of commercial production on the Property, Sasquatch is required to pay $25,000 to the optionor and grant a 2% net smelter returns royalty to the optionor. Upon completion of commercial production, Sasquatch must make such exploration expenditures as are necessary to keep the claims in good standing for five years thereafter.
For further information, please refer to the Company's disclosure record on SEDAR+ (www.sedarplus.ca) or contact the Company by email at psmith@sasquatchresources.com or by telephone at 778.999.7030.
On Behalf of the Board of Directors
Peter Smith
Chief Executive Officer
778.999.7030
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect, including with respect to the Company's business plans respecting the exploration and development of the Mount Sicker Property, the proposed work program on the Mount Sicker Property and the potential and economic viability of the Mount Sicker Property. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The CSE has not reviewed, approved or disapproved the contents of this news release.
SOURCE: Sasquatch Resources Corp.
Drilling By Kestrel Option Partner Centerra Gold
Centerra Intersects 144.2 Metres of 0.66 g/t Au from Surface Including 42.66 Metres of 1.07 g/t Au at Kestrel's QCM Gold Property
https://www.accessnewswire.com/newsroom/en/metals-and-mining/drilling-by-kestrel-option-partner-992435
Thursday, 27 February 2025 08:00 AM
CALGARY, AB / ACCESS Newswire / February 27, 2025 / Kestrel Gold Inc. ("Kestrel" or the "Corporation") (TSXV:KGC
Tudor Gold/American Creek/ Teuton Announce Positive Results from Initial Metallurgical Testing for High-Grade Gold within the Supercell-One Complex--Goldstorm Deposit, Treaty Creek
https://thenewswire.com/press-releases/1kWVF9VMZ-teuton-announces-positive-results-from-initial-metallurgical-testing-for-high-grade-gold-within-the-supercell-one-complex-goldstorm-deposit-treaty-creek.html
Victoria, British Columbia, Canada – TheNewswire - February 27, 2025 - Teuton Resources Corp. (“Teuton” or “the Company”) (TSX-V:TUO) (Frankfurt:TFE)
Durango Expands Land Position at Babine South Gold Silver Copper Zinc Project, British Columbia
https://thenewswire.com/press-releases/1B2aFGvbx-durango-expands-land-position-at-babine-south-gold-silver-copper-zinc-project-british-columbia.html
Vancouver, BC - TheNewswire - February 27, 2025 – Durango Resources Inc. (TSX.V: DGO) (OTCQB: ATOXF) (Frankfurt: 86A1) (“Durango” or the “Company”) announces that following the positive assay results announced on February 25, 2025,, the Company has expanded its 100%-owned Babine South gold-silver-copper-zinc exploration project, located in the Babine Porphyry Belt north of Smithers, British Columbia. The newly staked claims increase the project’s total size to approximately 1,070 hectares across four mineral claims.
Click Image To View Full Size
Figure 1. Durango’s New Claim Boundary for Babine South Property
Marcy Kiesman, CEO of Durango Resources, commented, “Following our site visit, assay results from sampling, and further study of the area, we have strategically expanded our land position at Babine South. Durango remains committed to strengthening its land portfolio with a focus on critical metals to align with increasing global demand.”
PDAC
Durango would also like to invite you to visit the Company at Booth 2419A during the annual Prospectors & Developers Association of Canada (“PDAC”) at the Metro Toronto Convention Centre on Sunday March 2nd and Monday March 3rd. Representatives from the Company will also be available to discuss Durango’s projects throughout the convention period.
About PDAC
The World’s Premier Mineral Exploration & Mining Convention is the leading event for people, companies and organizations connected to mineral exploration. This annual convention in Toronto, Canada is known for attracting up to 30,000 attendees from over 130+ countries for its educational programming, networking events, outstanding business opportunities and fun. Since it began in 1932, the PDAC Convention has grown in size, stature and influence. Today, it is the event of choice for the world’s mineral industry hosting more than 1,100 exhibitors and 2,500 investors. Register (pdac.ca)
About the Babine South Gold-Silver-Copper-Zinc Project
The Babine South Gold-Silver-Copper-Zinc Project is a 100%-owned exploration property of Durango Resources Inc., situated in the Babine Porphyry Belt, north of Smithers, British Columbia. Encompassing approximately 1,070 hectares across two mineral claims, the property hosts historical silver adits from the 1920s and 1930s, with records indicating the production of 94 kilograms of silver from trenching activities. The geological setting features Cache Creek Group greenstones, where mineralization occurs in quartz-carbonate veins and shears within foliated greenstone (amphibolite). Notable minerals identified include argentiferous galena, sphalerite, tetrahedrite, argentite, chalcopyrite, native silver, pyrrhotite, and pyrite. Recent sampling efforts have yielded significant assay results, with values up to 3.39 grams per tonne gold, 3430 grams per tonne (110.3 oz/t) silver, 8.86% zinc, and 1% copper, underscoring the property’s potential for hosting an epithermal polymetallic deposit. Additionally, the presence of ultramafic rocks such as peridotite, pyroxenite, and dunite suggests potential for nickel and platinum group element (PGE) mineralization, aligning with Durango’s focus on critical metals exploration.
For more information on the Company’s entire Babine portfolio, please visit: https://durangoresourcesinc.com/projects/babine-copper-projects/
About Critical Metals
Critical metals are essential components in modern technologies, including renewable energy systems, defense applications, and advanced electronics. Both the United States and Canada have identified specific lists of critical minerals vital to their economic and national security. The U.S. Geological Survey’s 2022 list includes 50 critical minerals, while Canada in 2024 has designated 34 minerals as critical.
Recent geopolitical developments have heightened concerns over the supply chain security of these critical metals. China, which holds a dominant position in the production and processing of several critical minerals, has implemented export bans affecting the West. These actions underscore the strategic importance of diversifying supply chains and developing domestic sources for critical metals to mitigate geo-political risks and ensure the stability of essential industries.
Melanie Mackay, PGeo, EGBC (Engineers and Geoscientists British Columbia) 35256, APEGA (Association of Professional Engineers and Geoscientists of Alberta 305012), is a director and qualified person for Durango and approves the technical content of this news release. None of the historical information in the release has yet been verified by the Company and should not be relied upon.
About Durango
Durango Resources Inc. (TSX.V: DGO) (OTCQB: ATOXF) (Frankfurt: 86A1) is a Canadian exploration company focused on advancing critical metals projects to support the West’s growing demand for secure and sustainable mineral supply. The Company holds a 100% interest in multiple strategically located properties, including the NMX East Gallium & Critical Metals Project near the Whabouchi lithium deposit in Québec, as well as claims in the Babine Copper-Gold Porphyry District and Troilus Gold Camp. With an experienced management and technical team, Durango is committed to unlocking new mineral discoveries and contributing to Canada’s critical minerals strategy.
For further information on Durango, please visit www.durangoresourcesinc.com and www.sedarplus.com.
Marcy Kiesman, CEO
Telephone: 604.428.2900 or 604.339.2243
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com
Forward-Looking Statements
This news release contains “forward-looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements that address the upcoming work programs, and other statements relating to the business, financial and technical prospects of the Company. All statements in this news release, other than statements of historical facts that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cascade Copper's Compilation Of Historic Data Reveals Extraordinarily High Grade Intersections And Compelling Targets At Its Copper Plateau Porphyry Project In South-Central BC.
Inversion Modelling of Geophysics with Drill and Soil Data Creates Excellent Targets
Multiple high-grade intersections across many historic drill holes with highlights: 62.1m of 1.02% CuEq and 71.5m of 0.80% CuEq
Coincident low magnetic areas, high chargeability zones, and copper-molybdenum-silver in soil anomalies define large high-quality targets.
Modelling geophysics and drill hole data in three dimensions outlines compelling high grade trends with untested, open-ended extensions.
https://thenewswire.com/press-releases/1BQPFKVEv-cascade-copper-s-compilation-of-historic-data-reveals-extraordinarily-high-grade-intersections-and-compelling-targets-at-its-copper-plateau-porphyry-project-in-south-central-bc.html
Vancouver, British Columbia– February 26, 2025 – TheNewswire - Cascade Copper Corp. (CSE: “CASC”)
Kodiak Initiates Metallurgical Testwork Program for MPD Copper-Gold Project; Exhibits at PDAC Core Shack
https://www.newsfilecorp.com/release/242567
February 27, 2025 6:00 AM EST | Source: Kodiak Copper Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") today reports that it has commenced a metallurgical testwork program for its 100% owned MPD copper-gold porphyry project in Southern British Columbia. The program will support the maiden mineral resource estimate for MPD (see news release January 16, 2025) and results will be delivered in Q2 2025.
Kodiak has engaged JDS Energy and Mining Inc. ("JDS") to manage the metallurgical testwork program for MPD. JDS is an international mining consultancy with extensive experience across a wide range of deposit types and metals, including many porphyry copper projects in British Columbia. The laboratory work will be conducted at Blue Coast Research under the supervision of JDS Senior Metallurgist Tad Crowie, P.Eng, an independent Qualified Person as defined by National Instrument 43-101. Blue Coast Research is a leading provider of metallurgical testing services for the global mining industry, with strong expertise in flotation flowsheet development.
The testwork program will include samples from six zones at MPD: Gate-Prime, Man, Dillard, West, Adit and South-Mid (see Figure 1) and will focus on recovery by flotation. The information developed from the program will be used to support the upcoming resource definition work and guide development of the project in the future.
Claudia Tornquist, President and CEO of Kodiak said, "The commencement of our metallurgical testwork program marks an important milestone in advancing our MPD copper-gold project toward a robust mineral resource estimate We are looking forward to the results of this work in Q2 and to more catalysts and strong news flow from our resource modelling and exploration work throughout the year."
PDAC Investor Exchange & Core Shack Participation
Kodiak will be attending the 2025 Prospector Developers Association Convention in Toronto (PDAC) March 2nd to the 4th at booth # 2630 in the Investor Exchange. In addition, Kodiak has been selected to present drill core from its flagship MPD copper/gold project located in southern British Columbia in the Core Shack on Sunday, March 2, and Monday, March 3, at booth # 3119A. Both senior management and members of the technical team will be attending. If you would like to schedule a meeting or learn more about the Company's 2025 plans, please email ir@kodiakcoppercorp.com.
Figure 1: Map of Resource Zones and Targets - MPD Project, Southern BC
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3803/242567_c23952a6e4990aa7_002full.jpg
On behalf of the Board of Directors
Kodiak Copper Corp.
Claudia Tornquist
President & CEO
For further information contact:
Nancy Curry, VP Corporate Development
ncurry@kodiakcoppercorp.com
+1 (604) 646-8362
About Kodiak Copper Corp.
Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA that have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits. The Company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, a mining district with producing mines and excellent infrastructure. MPD has all the hallmarks of a major, multi-centered porphyry district with the potential to become a world-class mine. Work to date has outlined multiple substantial mineralized zones across the property, including several zones with near-surface, high-grade mineralization. A maiden resource estimate for MPD is planned in 2025 and with known mineralized zones open to expansion and more target areas yet to be tested, Kodiak continues to systematically explore the project to build critical mass and make the next discovery. The Company also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine.
Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
SOURCE: Kodiak Copper Corp.
Seabridge Gold Reports on 2024 Corporate Objectives
https://www.newsfilecorp.com/release/242380/Seabridge-Gold-Reports-on-2024-Corporate-Objectives
February 26, 2025 7:30 AM EST | Source: Seabridge Gold Inc
. Toronto, Ontario--(Newsfile Corp. - February 26, 2025) - For more than 20 years, Seabridge Gold (TSX: SEA) (NYSE: SA) has set and published annual objectives and reported on the results at the end of each year which we call our report card. For 2024, the Company set fifteen specific objectives which were published in April 2024. Were we successful? See our 2024 Report Card.
Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal assets, the KSM project, and its Iskut project are located in British Columbia, Canada's "Golden Triangle", the Courageous Lake project is in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit the Company's website at http://www.seabridgegold.com.
Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release
ON BEHALF OF THE BOARD
"Rudi Fronk"
Chairman and C.E.O.
For further information please contact:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711
Email: info@seabridgegold.com
SOURCE: Seabridge Gold Inc.
Sun Summit Announces Inaugural Mineral Resource Estimate on the Buck Project, Central B.C.
https://www.newsfilecorp.com/release/242382/Sun-Summit-Announces-Inaugural-Mineral-Resource-Estimate-on-the-Buck-Project-Central-B.C.
February 26, 2025 7:00 AM EST | Source: Sun Summit Minerals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2025) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF)
Metal Energy's AMT Survey Accelerates Exploration Targeting at Highland Valley
Highlights:
Metal Energy has received results for a 60 km2 ground-based AMT survey covering the eastern part of Highland Valley project.
AMT maps intrusive phases of the Guichon Creek Batholith, which hosts Canada's largest copper mine - Teck's Highland Valley Copper operation.
Based on the results, Metal Energy has identified seven targets, including high-priority Zone 2 and Zone 1.
https://www.newsfilecorp.com/release/242396/Metal-Energys-AMT-Survey-Accelerates-Exploration-Targeting-at-Highland-Valley
February 26, 2025 6:00 AM EST | Source: Metal Energy Corp.
Toronto, Ontario--(Newsfile Corp. - February 26, 2025) - Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the "Company" or "Metal Energy") is pleased to announce that it has completed and received inversion results for a large 60 km2 ground-based Audio Magnetotellurics (AMT) survey covering the eastern part of its Highland Valley project. This AMT data is an important part of the Company's systematic, multi-parameter exploration targeting strategy at Highland Valley.
What does AMT see?
AMT helps map different intrusive phases of the Late Triassic Guichon Creek Batholith, which hosts Canada's largest copper mine - Teck's Highland Valley Copper operation. These phases have distinct physical properties that can be identified using AMT, magnetics, and gravity:
Younger/Inner Phases (Bethsaida, Skeena, Bethlehem) - More resistive, less magnetic, and less dense. These are the primary source of mineralization in the district.
Older/Outer Phases (Highland Valley, Border) - Less resistive, more magnetic, and denser. These often contain mineralization.
Interpretation of Results
Our data suggests a northeast-dipping contact between the inner and outer batholith, with irregularities extending upward (Figure 1). Mineralization is found within (Zone 1) and along the boundaries (Zone 2) of similar AMT resistors, making them high-priority exploration targets. These features may represent intrusive dike swarms, stocks, or cupolas-structures known to concentrate mineralization in porphyry Cu systems.
While the AMT survey does not directly detect mineralized zones due to its broad 500 m spacing, porphyry Cu mineralization and alteration can influence the resistivity patterns identified. Additionally, geophysical data may highlight younger post-mineral faults that displaced the Guichon internal contacts, which are best seen in the Company's high-resolution airborne magnetic data (Figure 2).
Figure 1: Cross Section through Zone 1 and Chataway Target, demonstrating the geometry of interpreted intrusive units indicated by AMT resistivity patterns
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7926/242396_fig1.jpg
Figure 2: Map of aeromagnetic TMI data, interpreted faults, known deposits and exploration target areas
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7926/242396_fig2.jpg
Next Steps: Exploration Targeting
AMT resistivity patterns in map view reveal batholith features and post-intrusion faulting (Figure 3). We have identified exploration targets by combining AMT resistivity with airborne magnetic data.
Ongoing integration of historical geological, geochemical, magnetic, and IP survey data will refine these targets. This will be followed by mapping, geochemical sampling, and geophysical surveys. As the process continues, target areas will be further refined, and drill holes will be prioritized.
Figure 3: Map of AMT resistivity at 1,200m elevation, known deposits and exploration target areas
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7926/242396_fig3.jpg
Initial Exploration Target Areas - Eastern Highland Valley
Billy Lake: A large AMT resistive zone aligns with a strong Cu-in-soil anomaly. Bounded by faults, it is interpreted as an uplifted fault block bringing younger intrusive rocks close to surface.
Zone 2: Mineralization occurs in a conductive zone adjacent to an AMT resistor, open to the southwest and north. It lies within a large fault wedge, possibly down-dropped relative to surrounding rocks.
Zone 1: A north-south trending resistive zone with fault offsets and potential for parallel mineralized zones, based on geophysical and historical drilling data.
Mystery: Similar geology and geophysics to Zone 1, with historical drill holes intersecting copper mineralization.
Chataway: A covered area beneath glacial overburden with strong geophysical characteristics. Limited historical drilling near its margins has intercepted copper.
LeRoy Lake: An unexplored area northeast of Zone 1, Zone 2, and Billy Lake, with promising geophysical signatures but no drilling or significant historical exploration.
Sho: Stock-like AMT resistivity features near narrow, high-grade copper intersections in historical drill holes.
About Metal Energy
Metal Energy is a critical metals exploration company with two high-potential projects in politically stable, Canadian jurisdictions: Manibridge (Ni-Cu-Co-PGE) in Manitoba and its recently acquired Highland Valley Project (Cu-Mo-Ag-Au-Re) in British Columbia. Metal Energy's projects are 100% owned.
QP Statement
The technical information contained in this news release has been reviewed and approved by Roy Greig, Ph.D., P.Geo., a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."
For further information, please contact:
Metal Energy Corp.
MERG on the TSXV
info@oregroup.ca
www.metalenergy.ca
Reader Advisory
This news release contains certain forward-looking information. All statements included herein, other ?than statements of historical fact, are forward-looking information and such information involves various ?risks and uncertainties. In particular, this news release contains forward-looking information in relation ?to: the anticipated benefits of the Acquisition to Metal Energy and its shareholders; the ability of Metal Energy to satisfy the other conditions to, and to complete, the Acquisition; ?and the ability of the Company to complete the Financing Conditions, the exploration expenditures, and make all payments in a timely matter so as to maintain the interest in the Project. There can be no assurance ?that such information will prove to be accurate, and actual results and future events could differ ?materially from those anticipated in such information. This forward-looking information reflects the ?Company's current beliefs and is based on information currently available to the Company and on ?assumptions the Company believes are reasonable. These assumptions include, TSXV acceptance and market acceptance of the Acquisition; the ?Company's current and initial understanding and analysis of its projects; the Company's general and ?administrative costs remaining constant; market acceptance of the Company's business model, goals ?and approach; and the feasibility and reasonableness of conducting exploration on and developing any ?of the Company's projects. Forward-looking information is subject to known and unknown risks, ?uncertainties and other factors which may cause the actual results, level of activity, performance or ?achievements of the Company to be materially different from those expressed or implied by such ?forward-looking information. Such risks and other factors may include, but are not limited to: there is no ?certainty that work programs will result in significant or successful ?exploration and development of the ?Company's properties; uncertainty as to ?the actual results of exploration and development or operational ?activities; uncertainty as to the availability and terms of ?future financing on acceptable terms; ?uncertainty as to timely availability of permits and other governmental approvals; the Company may not ?be able ?to comply with its ongoing obligations regarding its properties; the early stage development of ?the Company and its projects; general business, economic, competitive, political and social ?uncertainties; capital market conditions and market prices for securities, junior market securities and ?mining exploration company securities; commodity prices; the actual results of current exploration and ?development or operational activities; competition; changes in project parameters as plans continue to ?be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to ?receive board or regulatory approvals; changes in legislation, including environmental legislation or ?income tax legislation, affecting the Company; conclusions of economic evaluations; and lack of ?qualified, skilled labour or loss of key individuals. A description of additional risk factors which may ?cause actual results to differ materially from forward-looking information can be found in the Company's ?disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although the Company has ?attempted to identify important factors that could cause actual results to differ materially from those ?contained in forward-looking information, there may be other factors that cause results not to be as ?anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-?looking information. The Company does not undertake to update any forward-looking information ?except in accordance with applicable securities laws.?
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Metal Energy Corp.
Taranis Details Z-900/1300 and Underlying I-1 Intrusive Target Including 53m of Anomalous Gold
We are making tracks locating the source of the epithermal deposit at Thor!
https://www.accessnewswire.com/newsroom/en/metals-and-mining/taranis-details-z-9001300-and-underlying-i-1-intrusive-target-including-53m-of-ano-991351
Tuesday, 25 February 2025 02:00 PM
ESTES PARK, CO / ACCESS Newswire / February 25, 2025 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF
Nova Pacific Metals Update: Expanded Lara Project, Secured Funding, and Upcoming Drill Program
https://www.newsfilecorp.com/release/242236/Nova-Pacific-Metals-Update-Expanded-Lara-Project-Secured-Funding-and-Upcoming-Drill-Program
February 25, 2025 8:00 AM EST | Source: Nova Pacific Metals Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company", or "Nova Pacific") is pleased to provide a corporate update, highlighting recent achievements, strategic acquisitions, and future plans to position the Company for growth in the critical and precious metals markets.
Lara VMS Project: Cornerstone of Growth
Nova Pacific's flagship Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia, aims to leverage off its 2024 achievement. This includes:
Drill Permit Application: In July 2024, the Company announced submission of a drill permit application for up to 10,000 meters in 50 diamond drill holes. This application has progressed favourably, and the Company is optimistic that the permit will be issued in the very near future.
Expanded Drill Program: Following a detailed analysis of historical data the planned drill program has been expanded for up to 10,000 meters. This expansion underscores the Company's confidence in the project's potential.
Fully Funded Drill Program: On December 17th, 2024, the company completed a flow-through financing of $2,640,540, proceeds of which will fully fund the intended drill program.
Existing Database Enhancement: A comprehensive update of the historical database has incorporated data from 226 historical drill holes, and upon completion of the 2025 drill campaign will provide a robust foundation for future resource estimation and economic
Confirmation of High-Grade Zone: Recent man-portable drilling has confirmed the very high-grade nature of historical trench results, with intercepts including 2.2 m with 21.7 g/t Gold, 418 g/t Silver, 48.12% Zinc, 2.67% Copper and 4.95% Lead.
Strategic Expansion: The acquisition of the Anita Property, encompassing 658 hectares contiguous to the Lara Project, significantly enhances Nova Pacific's claim holdings. Additionally, on February 19th, 2025, the Company announced further expansion westward with the new acquisition comprising three contiguous mineral claims with a combined area of approximately 976 hectares (Figure 1).
Figure 1. Map of the Lara Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10425/242236_1340bc4254656807_001full.jpg
J. Malcolm Bell, CEO of Nova Pacific Metals, commented, "During the past months the team has been busy preparing our plans to unlock the potential of the Lara project. Our upcoming drill program is intended to establish an updated Mineral Resource Estimate with the aim of advancing a plan to move towards application for a mining permit."
Rights of Indigenous Communities Statement
Nova Pacific operates on the Traditional, Ancestral and Unceded Territory of the Stz'uminus and Hul'qumi'num Treaty Group, a politically-unified group that represents six Hul'qumi'num-speaking First Nations: Cowichan, Penelakut, Lyackson, Halalt, and Lake Cowichan.
The Company's entire team is committed to establishing lasting relationships with local communities by fostering inclusion and contributing to a shared prosperity.
About Nova Pacific
Nova Pacific is a Canadian exploration and development company focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia. This brownfields, polymetallic, development project boasts a significant historic resource rich in critical and precious metals situated in a prime location with excellent infrastructure. Nova Pacific's forward-looking strategy includes confirmation and infill drilling this spring, completion of an updated mineral resource estimate (MRE) and preparation of a Pre-Feasibility Study in late Q3, if and as required. The Company is committed to creating value for its shareholders while maintaining environmental responsibility and strong community relationships.
For additional information please visit: www.novapacificmetals.com
On behalf of the Board of Directors
J. Malcolm Bell
Chief Executive Officer, Director
Investor inquiries, or for further information, please contact:
Nova Pacific Metals Corp.
info@novapacificmetals.com
+1-416-918-6785
The Canadian Securities Exchange has not in any way passed upon the merits of the matters referenced herein and has neither approved nor disapproved the contents of this news release.
Forward-Looking Information
Certain statements contained in this news release may constitute forward-looking information including, without limitation, statements regarding the Company's exploration plans and the perceived benefits of the new member of the strategic advisory board. Forward-Looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-Looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
SOURCE: Nova Pacific Metals Corp.
Canadian Critical Minerals Generates USD$159,000 in Revenue from Bull River Mine
https://www.newsfilecorp.com/release/242254/Canadian-Critical-Minerals-Generates-USD159000-in-Revenue-from-Bull-River-Mine
February 25, 2025 8:00 AM EST | Source: Canadian Critical Minerals Inc.
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine ("BRM") project near Cranbrook, BC. During the month of January 2025, the Company trucked 415 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$159,000 for the January 2025 shipments. The mineralized material sent to New Afton graded 5.37% Cu, 0.75 g/t Au and 60.7 g/t Ag.
Ore sorting throughput was adversely affected by winter conditions with additional time required to allow the ore sorter to warm up before being operated. Depending on the availability of manpower, the Company expects to send more material to New Afton in February 2025 relative to the previous two months. The grade of material sent to New Afton in January 2025 was similar to December 2024.
Ian Berzins, President and CEO of CCMI commented, "While the total tonnes sent to New Afton during January 2025 were lower than planned, we once again achieved some of the highest grades yet for ore sorting at the Bull River Mine."
Qualified person
CCMI's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Gary Low P.Geo., who serves as a Consultant to the Company and is a Qualified Person under the definition of National Instrument 43-101.
About Canadian Critical Minerals Inc.
CCMI is a mining company primarily focused on copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 10.4% interest in XXIX Metal Corp. which holds a 100% interest in the Thierry Mine copper project near Pickle Lake, Ontario and a 100% interest in the Opemiska Mine copper project near Chapais-Chibougamau, Quebec.
Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.
SOURCE: Canadian Critical Minerals Inc.
Doubleview Gold Announces Significant High-Grade Copper and Gold Intercepts at Hat Polymetallic Deposit
Highlights:
Hole H078: 1.00% Copper and 0.46 g/t Gold over 107 meters within 409 meters of 0.39% Copper and 0.28 g/t Gold.
Hole H079: 0.95% Copper and 0.79 g/t Gold over 82 meters within 213 meters of 0.59% Copper and 0.50 g/t Gold.
Both drill holes represent the highest-grade mineralization intercepted to date at the Hat Project.
Other drill holes reported are extending the mineralization envelope of the Hat deposit.
https://www.newsfilecorp.com/release/242256/Doubleview-Gold-Corp-Announces-Significant-HighGrade-Copper-and-Gold-Intercepts-at-Hat-Polymetallic-Deposit
February 25, 2025 5:15 AM EST | Source: Doubleview Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4)
Omineca Announces Operational Re-Start of the Underground Placer Gold Recovery Program at Wingdam
https://www.newswire.ca/news-releases/omineca-announces-operational-re-start-of-the-underground-placer-gold-recovery-program-at-wingdam-821836322.html
News provided by Omineca Mining and Metals Ltd. Feb 24, 2025, 16:15 ET
SASKATOON, SK, Feb. 24, 2025 /CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM) (OTCQB: OMMSF) ("Omineca" or the "Company"), is pleased to announce the re-start of underground operations at the Wingdam placer gold project. D&L Mining, working with ground stabilization specialists BAT Construction Ltd., are currently setting up and preparing the underground workings in advance of re-entering the paleochannel containing gold bearing gravels beginning at the already established crosscut heading #3.
Following delays related to the provision of geotechnical submissions to the BC Ministry (EMLI), operations are now set to begin under the mine plan utilizing tunnel liner plate and/or grouted fore-poling (spilings) as needed for ground support in advancing into the gold bearing gravels. The entrance heading will be at a location described in previous news releases, where mining conditions exhibited very dry gravel at the breakthrough from bedrock into the gold bearing paleo-gravels.
Under the mine plan, miners will use either grouted fore-poling followed by the application of shotcrete after excavation or tunnel liner plate where applicable. There are advantages to both types of artificial ground support depending on the characteristics and conditions encountered. D&L has restarted operations with preparatory tasks including rehabilitating the haulage/access drift, cleanout and upgrading dewatering sumps, ventilation upgrades, bulkhead installation and evaluation/reinforcement of existing bulkheads as necessary. With all equipment, mining supplies, and manpower now aggregated on site and operations well underway it is expected that gold bearing gravel recovery will commence in the very near term.
Omineca will provide further updates as D&L advances into the channel toward the central portion where the highest concentrations of placer gold are known to accumulate. The current plan is to continue tunnelling and processing gold-bearing gravels across the full width of the channel followed by excavation both up and downstream within the central portion of the old riverbed.
Qualified Person
All scientific and technical information in this news release has been prepared by, or approved by Stephen Kocsis, P.Geo., Lead Geologist. Mr. Kocsis is a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd.'s flagship Wingdam gold exploration and placer recovery projects are located along the Barkerville Highway 45 km east of the City of Quesnel. The Wingdam Property includes mineral tenures totaling over 61,392 hectares (613 square kms) and in excess of 15 linear kilometers of placer claims, both encompassing the Lightning Creek valley where topographic conditions created thick layers of overburden, which preserved a large portion of a buried paleochannel containing placer gold-bearing gravels. Omineca also has an exploration and diamond drill program currently underway exploring for the potential multiple hard rock sources of the placer gold at Wingdam.
Forward Looking Statements
This release includes forward-looking statements regarding Omineca and its business. Such statements are based on the current expectations and views of future events of Omineca's management. In some cases, the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially with other factors beyond the control of Omineca. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Omineca undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Omineca Mining and Metals Ltd.
For further information, please contact: Tom MacNeill, President and CEO, 306-653-2692
Durango Assays As High As 3.9 gpt Gold, 3430 gpt (110 oz/t) Silver, 8.86% Zinc and 1% Copper from Samples at Babine South, BC
https://thenewswire.com/press-releases/1BQPFK8WD-durango-assays-as-high-as-3-9-gpt-gold-3430-gpt-110-oz-t-silver-8-86-zinc-and-1-copper-from-samples-at-babine-south-bc.html
Vancouver, BC - TheNewswire - February 25, 2025 – Durango Resources Inc. (TSX.V: DGO) (OTCQB: ATOXF) (Frankfurt: 86A1)
Golden Cariboo intersects 0.99 g/t gold and 9.8 g/t Ag over 237 m (777 ft) including 1.45 g/t gold over 137 m (450 ft) within a broader zone of 0.71 g/t gold over 342 m (1122 ft), extending Halo zone
https://thenewswire.com/press-releases/1BglFoK46-golden-cariboo-intersects-0-99-g-t-gold-and-9-8-g-t-ag-over-237-m-777-ft-including-1-45-g-t-gold-over-137-m-450-ft-within-a-broader-zone-of-0-71-g-t-gold-over-342-m-1122-ft-extending-halo-zone.html
February 25, 2025 – TheNewswire - Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ
GSP Targets New High-Grade Gold Discovery Leveraging Existing Copper Resources at Alwin Mine Property
https://thenewswire.com/press-releases/1AqRFryen-gsp-targets-new-high-grade-gold-discovery-leveraging-existing-copper-resources-at-alwin-mine-property.html
ancouver, British Columbia – February 24, 2025 – TheNewswire - GSP Resource Corp. (TSX-V: GSPR / FSE: 0YD / OTC: GSRCF) (the “Company” or “GSP”) provides an overview of planned follow up to the recent High-Grade Gold Discovery made at the 100% owned Alwin Mine Project in Southwestern British Columbia (please see summary news release dated February 19th, 2025). The recently completed drilling marked a sea change for the Alwin Mine Project with the discovery of high-grade gold values in step-out hole AM-24-06 that yielded 5.04 grams-per-tonne (g/t) Gold (Au) and 1.01% Copper (Cu) Over 7.90 metres (m); including 22.93 g/t Au and 1.82% Cu Over 1.64 m1. With analysis of the recent drill results now completed, GSP announces additional high-grade gold drill targets are planned for 2025.
The Alwin Project currently hosts an inferred mineral resource comprising 1.46 million tonnes (Mt) tonnes, at an average grade of 1.08% Cu, yielding 34.6 million pounds of Cu2. Potentially significant silver and gold values have long been known at Alwin, however a lack of historic assays for these metals prior to drilling by GSP has precluded their inclusion in resource estimation. The new discovery within west-side step-out drill hole AM-24-06 at a depth 40 m below the current resource pit shell presents an opportunity to augment existing open pit and underground mineable copper resources with high-grade gold values.
Significantly, high-grade gold values in AM-24-06 occur in a 1.64 m core width interval, which includes an individual sample of 0.84 m assaying 35.1 g/t Au (1.02 oz/ton), within the interpreted hangingwall of a broader 7.9 m core width copper-gold-silver zone3.
The occurrence of high-grade gold values, below the vertical projection of existing “3 Zone” modelled copper resources, affirms the Company’s belief that these two contrasting mineralization styles are structurally and genetically linked, and can be successfully targeted within the context of the current Alwin Mine geological model. Additionally, the Alwin high-grade gold mineralization is visually distinct from the broader copper zones and is marked by the presence of intense texturally destructive black chlorite-sericite alteration.
For the 2025 exploration season, GSP is planning an initial phase of drilling designed to infill and potentially expand the footprint of important high-grade gold mineralization with AM-24-06. The drilling is designed to test both laterally and vertically beyond AM-24-06 to provide additional intercepts to confirm the structural setting, as well to extend the depth of drill holes to test additional modelled copper lodes within the structural footwall to the north that are equally as prospective (Figure 1).
The 2025 exploration season is also expected to pursue additional targets adjacent to the Alwin Open Pit Resource area as well as near other mineral showings on the Property. The upcoming exploration work is subject to financing and market conditions and the Company’s board of directors’ discretion. GSP expects to announce further exploration plans to delineate additional precious metal and polymetallic exploration targets over the coming months approaching the Spring and Summer field season.
Simon Dyakowski, CEO of GSP commented, “The discovery of high-grade gold mineralization represents a unique opportunity to re-frame the Alwin Mine Project in the context of its potential to host broader copper plus gold-silver resources. The resource expansion potential represented by these high-grade gold zones in the context of potential copper equivalence, if we can establish geologic continuity, cannot be understated.”
Figure 1: Alwin Mine Planned High-Grade Gold Target
Click Image To View Full Size
About the Alwin Mine Project
The Alwin Mine Copper-Silver-Gold property is approximately 344 hectares and is located on the semi-arid, interior plateau in south-central British Columbia. The historic underground mine was developed over 500 m long by 200 m wide by 300 m deep. Production took place between 1916 to 1981 from five major subvertical high-grade copper mineralization zones totaling 233,100 tonnes that milled 3,786 tonnes of copper, 2,729 kilograms of silver and 46.2 kilograms of gold. The average diluted head grade was 1.5% copper.
The Alwin Project hosts a current inferred mineral resource comprising 1.46 million tonnes (Mt) tonnes, at an average grade of 1.08% Cu, yielding 34.6 million pounds of Cu4.
The Alwin Project is adjacent with the western boundary of Teck Resources’ Highland Valley Mine, the largest open-pit porphyry copper-molybdenum mine in western Canada. Alteration and mineralization of the Highland Valley hydrothermal system extends westward from the Highland Valley mine onto the Alwin Project (see GSP’s news release dated January 30, 2020).
Qualified Person: The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), principal and consultant of APEX Geoscience Ltd. of Edmonton, AB, a consultant to the Company and a “qualified person” as defined in National Instrument 43-101 — Standards of Disclosure for Mineral Projects. Mineralization hosted on nearby properties is not necessarily indicative of mineralization that may be hosted on the Alwin Project.
About GSP Resource Corp.
GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia. The Company owns 100% interest and title to the Alwin Mine Copper-Gold-Silver Property, and the Mer Property, in the Kamloops Mining Division, as well as a 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division, of which it has granted an option to earn a 60% interest to a third party.
For more information, please contact:
Simon Dyakowski, Chief Executive Officer & Director
Tel: +1 (604) 619-7469
Email: simon@gspresource.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains “forward-looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, completing planned work, advancing the Alwin Project, the potential presence of high-grade gold mineralization at the Alwin Project, further evaluation of gold mineralization at the Alwin Project, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of copper, gold, silver and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.
1 See GSP Resource Corp. news release dated January 16, 2025
2 Independent NI 43-101 Technical Report Alwin Copper-Silver Gold Project, with an effective date of September 16, 2024, and prepared by Apex Geoscience Ltd. is filed under the GSP Resource Corp. Issuer Profile SEDAR+ (www.sedarplus.com)
3 The estimated true width of mineralization is approximately 75% of the drilled width
4 See GSP Resource Corp. news release dated December 4, 2024
InZinc Discovers New Anomaly Supporting Extension of Near Surface Mineralization at Indy Sedex Project, Central BC
https://www.newsfilecorp.com/release/241569/InZinc-Discovers-New-Anomaly-Supporting-Extension-of-Near-Surface-Mineralization-at-Indy-Sedex-Project-Central-BC
February 24, 2025 9:42 AM EST | Source: InZinc Mining Ltd.
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or the "Company") is pleased to report a new soil anomaly has been identified to the east of the B-9 Zone at the Indy Sedex (zinc-lead-silver) project (100% interest) located 90 km southeast of Prince George in central British Columbia, Canada. The new Hilo anomaly is located 400 m east of the B-9 Zone, where 450 m of shallow mineralization including an intercept of 10.0% (zinc and lead) and 16.2 g/t silver over 9.9 m is outlined by previous drilling. The Hilo anomaly is suggestive of the potential eastward continuation of B-9 Zone mineralization (see Figure 1).
Indy - A High-Potential Southern Analogue of the Prolific Selwyn Basin
In 2024, in addition to discovery of extensive barite mineralization, stratigraphy of the Indy project was age constrained and correlated to one of the world's most prolific Sedex zinc-lead-silver-barite belts, the Selwyn Basin. The Selwyn Basin hosts the world's second largest accumulation of Sedex deposits, including some of the world's largest. Previously the mineralized sequences within the 1,100 km long Selwyn Basin were only known to occur in the Yukon and northeastern BC. Recent work strongly indicates the Indy project represents a southern analogue of the Selwyn Basin strata and its related mineralization (see News Release 2024-06, May 16, 2024 for details). The Indy project, located just 90 km from Prince George, is particularly well located with respect to road, rail and power infrastructure.
Renewal of a 5-year, 60 drill hole permit was received in mid-2024. The Company is well positioned with working capital1 of $2.0 million and has commenced planning for 2025 activities.
New Hilo Anomaly - Expansion Potential of B-9 Zone Mineralization
The Hilo anomaly is outlined by new (2024) soil geochemical sampling extending over an area of 2.0 km by 350 m east of the B-9 Zone mineralization. The B-9 Zone has been intersected in 13 of 15 drill holes over a 450 m strike-length to a depth of 130 m and remains open for expansion in all directions.
Hilo anomaly - 450 m strike with strong zinc, lead and barium in soil.
Located 400 m east of B-9 Zone.
First barium in soil anomaly proximal to B-9 Zone.
To date, only 450 m of the extensive 2.4 km long soil Anomaly B (zinc, lead, silver, barium) has been drill tested and is host to B-9 Zone mineralization.
Airborne EM geophysical surveys identify a strong conductive response over 1.4 km coinciding with the upper or eastern edge of the soil Anomaly B and with B-9 Zone mineralization.
Hilo anomaly is potentially indicative of an eastward continuation of B-9 Zone mineralization.
Additional fall 2024 work at Indy included approximately 2.2 km of road rehabilitation and new trails to gain access to the Keel West and Delta targets in preparation for drilling.
South32 Increases Exploration Activities to the North of Indy
South32 Limited, a globally diversified metals and mining company, independently staked 200 km2 of mineral claims northwest and adjacent to Indy in late 2021. In 2024, South32 substantially increased exploration activities at the Maguire Sedex project, including over 600 line-km of airborne geophysics and geological and geochemical programs.
Figure 1: B-9 Zone Soil Geochemistry, Geophysics and Drilling Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6480/241569_b9883634e455e878_001full.jpg
Property-Wide Sedex Drill Targets
The widespread distribution of mineralization (sulphide and barite) and related geochemical and geophysical anomalies across the 7.5 km Main Trend define high-potential exploration targets for Sedex deposits at Indy (see Figure 2):
Hilo Anomaly - 450 m strike with strong zinc, lead and barium in soil, located 400 m east of B-9 Zone.
B-9 Zone - Near surface Sedex-style mineralization (up to 10.0% zinc and lead, 16.2 g/t silver over 9.9 m) at the B-9 sulphide zone (450 m strike open for expansion in all directions), within a 2.4 km long multi-element soil geochemical anomaly (Anomaly B).
Anomaly C - Untested, very high contrast multi-element soil geochemical anomaly extends over 750 m in length.
Echo - A 1.9 km long continuous high contrast, multi-element (zinc, lead, barium signatures) soil geochemical anomaly with approximately 900 m remaining to be drill tested.
Keel Barite - Extensive barite mineralization (700 m strike) at Keel with local enrichment in zinc-lead sulphides at Keel West.
Delta - Additional widespread barite mineralization at surface (up to 25% barite in rock samples) with zinc-lead enrichment occurring over a 1.3 km trend, untested and located 1 km northwest of Keel.
Figure 2: Indy Project - Main Trend Mineralization and Targets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6480/241569_b9883634e455e878_002full.jpg
1 Working capital as of September 30, 2024 (Q3 2024 Financial Reports, September 30, 2024). (See Financial Reports at www.inzincmining.com).
About InZinc
InZinc is an active explorer at its Indy Sedex project (100%) in central British Columbia, Canada. The Company is exploring near surface zinc-lead-silver and barite mineralization discovered at Indy in a new, under-explored mineral region correlating to the prolific Selwyn Basin of northeastern BC and the Yukon. South32 Limited (ASX, LSE, JSE) became a major tenure holder in the Indy belt by staking approximately 200 km2 of adjacent claims in late 2021. Through its equity investment in American West Metals (ASX) and a 50% royalty interest (NSR) from any future production of indium mined at American West's West Desert project, InZinc is also exposed to a portfolio of North American base metals and precious metals projects.
InZinc Mining Ltd.
Wayne Hubert
____________
Chief Executive Officer
Phone: 604.687.7211
Website: www.inzincmining.com For further information contact :
Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
Email: joyce@inzincmining.com
Qualified Person
Kerry M. Curtis, B.Sc., P.Geo. a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has approved the technical content of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Forward-looking statements, include but are not limited to, statements that address activities, events of developments that the Company expects or anticipates will or may occur in the future. Forward-looking statements are typically identified by words such as: believe, expect, anticipates, intends, estimates, plans, postulate, indicate and similar expressions, or are those, which, by their nature, refer to future events. Although InZinc believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. The Company cautions investors that any forward-looking statements are not guarantees of future results, performance or actions, and that actual results or actions may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, those risks and uncertainties disclosed in the Company's Management's Discussion and Analysis for the year ended December 31, 2023 and for the nine months ended September 30, 2024 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, InZinc disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: InZinc Mining Ltd.
Endurance Summarizes Antimony Results from the Reliance Gold Project, BC
Best Intervals include 19.2% Antimony and 2.16 GPT Au Over 0.5 m in 2024 Drilling
https://www.newsfilecorp.com/release/241990/Endurance-Summarizes-Antimony-Results-from-the-Reliance-Gold-Project-BC-Best-Intervals-include-19.2-Antimony-and-2.16-GPT-Au-Over-0.5-m-in-2024-Drilling
February 24, 2025 7:10 AM EST | Source: Endurance Gold Corporation
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Endurance Gold Corporation (TSXV: EDG ) (OTC Pink: ENDGF) (FSE: 3EG)
TSX Approves Juggernaut's 100% Option Of The Big One Property
https://thenewswire.com/press-releases/1AG9F2G2y-tsx-approves-juggernaut-s-100-option-of-the-big-one-property.html
Vancouver, British Columbia – February 21st, 2025 – TheNewswire - Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to announce that, further to the Company’s February 4, 2025 news release, the TSX Venture Exchange has approved the Company’s option agreement (the “Agreement”) dated February 04, 2025, between an arm’s length party (the “Optionor”) and Juggernaut Exploration Ltd. (the “Company”). Pursuant to the Agreement, the Company has the option to acquire a 100% interest in and to the Big One property located along the 11km Highway of Gold surrounding the Eldorado porphyry system in an area of glacial and snowpack abatement at Galore Creek, in the heart of Golden Triangle, British Columbia.
About CASERM (Center to Advance the Science of Exploration to Reclamation in Mining)
Juggernaut is a paying member and active supporter of CASERM, an organization that represents a collaborative venture between the Colorado School of Mines and Virginia Tech aimed at transforming the way that geoscience data is used in the mineral resource industry. Research focuses on the integration of diverse geoscience data to improve decision-making across the mine life cycle, beginning with the exploration for subsurface resources and continuing through mine operation, closure, and environmental remediation.
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.
For more information, please contact:
Dan Stuart
President, Director, and Chief Executive Officer
604-559-8028
info@juggernautexploration.com
www.juggernautexploration.com
FORWARD LOOKING STATEMENT
Certain disclosure in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
Canagold Announces Antimony Mineral Resource Estimate for New Polaris Gold Project
https://www.businesswire.com/news/home/20250221224463/en
February 21, 2025 05:00 AM Eastern Standard Time
VANCOUVER, British Columbia--(BUSINESS WIRE)--Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA)
Aben Minerals Management to Examine Forrest Kerr Gold Project
https://www.globenewswire.com/news-release/2025/02/20/3029479/36590/en/Aben-Minerals-Management-to-Examine-Forrest-Kerr-Gold-Project.html
February 20, 2025 07:00 ET | Source: Aben Minerals
Vancouver, BC, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Vancouver, BC -- Aben Minerals Ltd. (TSX-V: ABM) (OTCQB: ABNAF) (Frankfurt: R26) (“Aben” or “the Company”) announces that it intends to review data from the Forrest Kerr Gold Project in light of the recent announcements from adjacent companies. Both Skeena’s KSP project and Seabridge Gold’s Iskut project have seen notable developments and are located directly adjacent to the Southern border of the 100% owned Forrest Kerr Gold Project.
https://abenminerals.com/site/assets/files/4305/goldentriangle1.png
Aben Minerals has been a contributor to the Golden Triangle’s gold exploration scene since 2016 and has had several successful drill intercepts at the Boundary Zone including:
FK17-05: average 1.20 g/t Au, 1.80 g/t Ag and 0.21% Cu over 122.0 m
2024 NI 43-101 Technical Report
President and CEO Riley Trimble states, “Skeena has had notable success in their 2024 initial drill program at the KSP project and Seabridge has stated that their discovery at Iskut will be key in their 2025 exploration plans. Aben is well positioned geographically to both projects and we believe that we can add value for shareholders with the Forrest Kerr Project moving forward. I believe this entire region is going to be vital for the Canadian metals industry over the next 20 years and we look forward to contributing.”
About Aben Minerals:
Aben Minerals is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company’s flagship, the 7,400-hectare, 100% owned Justin Gold Project is located in the southeast Yukon in the Tintina Gold Belt adjacent to Seabridge Gold’s 3 Aces Project. Aben Minerals also owns 100% of the Forrest Kerr Gold Project located in the Golden Triangle of British Columbia and shares claims borders with Skeena’s KSP Project, and Seabridge Gold’s Iskut Project.
The Company’s goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions.
The Company has 23.2 million shares outstanding.
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For further information on Aben Minerals Ltd. (TSX-V: ABM), visit our Company’s website at www.abenminerals.com.
ABEN MINERALS LTD.
“Riley Trimble”
______________________
Riley Trimble
President & CEO
For further information contact:
Aben Minerals Ltd.
Riley Trimble, President & CEO
Telephone: 604-639-3852
Facsimile: 604-687-3119
Email: info@abenminerals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.
Imperial Provides Update on Red Chris 2024 Production and Production Guidance for 2025
https://www.globenewswire.com/news-release/2025/02/20/3030176/0/en/Imperial-Provides-Update-on-Red-Chris-2024-Production-and-Production-Guidance-for-2025.html
February 20, 2025 18:38 ET | Source: Imperial Metals Corporation
VANCOUVER, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) reports that 2024 metal production from Red Chris (100% basis) was 85,320,618 pounds of copper and 59,811 ounces of gold, up from 57,051,467 pounds of copper and 46,046 ounces of gold in 2023, on higher grades and recoveries for both metals. Red Chris met its 2024 production guidance of 85.0 million pounds of copper and 57,000 ounces of gold for the calendar year 2024.
Imperial’s 30% share of Red Chris mine production for 2024 was 25,595,185 pounds of copper up from 17,115,440 pounds copper in 2023 and 17,943 ounces of gold up from 13,814 ounces gold in 2023.
The Red Chris feasibility study is advancing as are permitting activities and some underground development work to support the underground block cave project.
Newmont Mining Corporation guidance for Red Chris mine production (100%) is 88 million pounds of copper and 86,000 ounces of gold for the calendar year 2025.
Both copper and gold production are expected to be higher in 2025 at Red Chris as the mining sequence provides for mining higher grade ore during the year, including a 50 percent increase in gold production year over 2024 results.
The 2025 production target for Mount Polley is 25.0 - 27.0 million pounds copper and 35,000 - 40,000 ounces gold. The production target for gold is the same as in 2024, while the copper production target is lower. Phase 4 Springer Pit ore, which has a higher recoverable copper grade is targeted to be fully mined by the third quarter of 2025, with the lower copper grade from the Phase 5 pushback in the Springer pit delivering process ore in the fourth quarter of 2025.
Brian Kynoch, P.Eng., Imperial’s President has reviewed the production disclosures contained in this news release and is the designated Qualified Person as defined by National Instrument 43-101 (“NI 43-101”).
About Imperial
Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine (100%), the Huckleberry mine (100%), and the Red Chris mine (30%). Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.
Imperial Contacts
Brian Kynoch | President | 604.669.8959
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release are not statements of historical fact and are “forward-looking” statements. Forward-looking statements relate to future events or future performance and reflect Imperial management’s expectations or beliefs regarding future events and include, but are not limited to statements regarding: expectations that the Red Chris mine feasibility study and permitting activities will continue to advance to support the underground expansion project; guidance on production for both the Red Chris and Mount Polley mines; expected completion of Mount Polley’s Springer Pit Phase 4 by the end of the 2025 third quarter; and expected ore grades for both gold and copper at the Red Chris and Mount Polley mines, including expectations that higher grade ores will be mined at Red Chris due to the mining sequence, and lower copper grade ores will be mined during Mount Polley’s Springer Pit Phase 5 pushback in the 2025 fourth quarter.
In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “is targeted”, “targets”, “outlook”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Imperial to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
In making the forward-looking statements in this news release, Imperial has applied certain factors and assumptions that are based on information currently available to Imperial as well as Imperial’s current beliefs and assumptions. These factors and assumptions and beliefs and assumptions include, the risk factors detailed from time to time in Imperial’s interim and annual financial statements and management’s discussion and analysis of those statements, and the Company’s current Annual Information Form, all of which are filed and available for review on SEDAR+ at www.sedarplus.com. Although Imperial has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended, many of which are beyond Imperial’s ability to control or predict. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and all forward-looking statements in this news release are qualified by these cautionary statements.
Finlay Minerals Outlines Numerous Copper Porphyry Targets on its PIL & ATTY Properties
https://www.newswire.ca/news-releases/finlay-minerals-outlines-numerous-copper-porphyry-targets-on-its-pil-amp-atty-properties-812530934.html
News provided by Finlay Minerals Ltd. Feb 20, 2025, 08:00 ET
VANCOUVER, BC, Feb. 20, 2025 /CNW/ - Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) ("Finlay" or the "Company") has identified multiple porphyry and porphyry-related epithermal target zones on its 100% owned PIL & ATTY Properties in the heart of the prolific Toodoggone porphyry copper-gold and epithermal precious metals district of northern British Columbia, Canada.
Figure 1. Toodoggone Porphyry Corridor highlighting east-west extensional trends that host significant porphyry and epithermal deposits, resources and targets within the region. (CNW Group/Finlay Minerals Ltd.)
Figure 2. Geology and identified porphyry and epithermal targets on the PIL Property. (CNW Group/Finlay Minerals Ltd.)
The Finlay team has been reviewing the geological data within the PIL & ATTY Properties and the surrounding areas including the AuRORA Au-Cu-Ag porphyry discovery on the JOY Project Joint Venture between Amarc Resources Ltd. ("Amarc") and Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport"). The collar for drill hole JP24075 at the AuRORA discovery is only 730 meters ("m") south of the PIL Property boundary, which included a 266 m interval of 1.24 g/t Au, 0.31% Cu and 3.42 g/t Ag from 34.0 m (see Amarc Resources News Release dated January 20, 2025 on Amarc's SEDAR profile at www.sedarplus.ca). The Amarc-Freeport JOY Project is bound at its northwest and southeast extents by Finlay's PIL and ATTY properties.
The PIL & ATTY Properties are within a 70 kilometer ("km") porphyry corridor stretching from Electrum Resource Corporation's Thor-Marmot Property at the southeast end, to Sun Summit's JD Property at the northwest end (Figure 1).
This corridor is host to several Cu-Au+/- Mo porphyry deposits and targets, with low and high sulphidation Au-Ag epithermal systems related to the porphyry centres. The Toodoggone porphyry corridor is bound by northwest trending structures including the Saunders, Pillar and Black Faults, which create east-west trending extension zones where porphyry fluids and intrusional pulses can develop forming porphyry trends (Figures 1 and 2). The best east-west extension zone example in the Toodoggone is the Kemess North Trend which hosts the Kemess Underground and Kemess East deposits on Centerra Gold Inc.'s Kemess Property.
On the PIL Property there are multiple porphyry and epithermal targets occurring along east-west trends:
The PIL South porphyry target is 3.5 km east of the AuRORA discovery with the Reef high sulphidation target in between and TDG Gold Corporation's Shasta epithermal Au-Ag deposit to the west.
Drilling in 2024 at PIL South intersected significant Cu-Au porphyry mineralization including PILS-24-006 returning 0.10% copper with 0.05 g/t gold, 7.1 g/t silver, and 0.18% zinc over 162.00 m from 749.00 m, in volcanic rocks peripheral to a potential mineralized intrusive porphyry system;
The Copper Ridge and Southwest Gossan porphyry targets, which line up with TDG Gold's Trident and Black Gossan targets;
The Gold, Central Zone and WG Gold targets, and
The Atlas, Pillar East and Copper Cliff are within yet another east-west extension zone.
On the ATTY Property, there are two further porphyry-epithermal targets occurring along the east-west trend:
The KEM porphyry target occurs on a similar east-west trend as the Kemess North Trend and is within a similar geological package as Kemess East in addition to hosting a significant chargeability and resistivity anomaly not yet tested by drilling; the Attycelley epithermal target east of KEM is potentially the surface expression of a distal porphyry with a chargeability and resistivity anomaly just 300 meters to the northwest.
The Wrich porphyry target is connected to the SW Takla Porphyry target and on trend with the Canyon, Twins and Mex porphyry targets on Amarc's JOY Project.
Planning is underway for a significant 2025 exploration program on the PIL Property. Ideally work will include an IP geophysical survey, geological mapping, SWIR sample collection and surface sample collection with the aim of delineating drill targets.
Details of the PIL Property exploration targets can be found in the Company's news release dated November 12, 2024 entitled: "Finlay Minerals reports completion of 2024 field work on its PIL Property by Cascadia Minerals" and in the PIL Property section of the Company website at www.finlayminerals.com. Details of Cascadia Minerals Ltd. 2024 exploration work on the PIL can be found on Cascadia's SEDAR profile at www.sedarplus.ca.
Qualified Person:
Wade Barnes, P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.
About Finlay Minerals Ltd.
Finlay is a TSXV company focused on exploration for base and precious metal deposits with four properties in northern British Columbia:
The ATTY Property covers 3,875 hectares ("ha") of sub-alpine terrain in the southern Toodoggone region. The Toodoggone is a northwest-trending belt of Triassic to Jurassic arc terranes that hosts numerous significant porphyry Cu-Au ± Ag and associated epithermal Au-Ag deposits. The ATTY Property is in between and contiguous to Centerra Gold's Kemess Project and the joint-venture JOY Project held by Amarc Resources and Freeport-McMoRan. The ATTY Property's KEM target has similarities to the Kemess North Trend, which hosts the Kemess Underground and Kemess East deposits.
The PIL Property, which covers 13,374 ha in the heart of the Toodoggone region, has numerous porphyry Cu-Au ± Ag targets and associated epithermal Au-Ag mineralization. The PIL Property is neighboured by Amarc Resources and Freeport-McMoRan's joint venture JOY Project and TDG Gold Corporation's Shasta/Baker and Sofia Properties. The PIL Property is also 25 km northwest of Centerra Gold's past-producing Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.
The Silver Hope Property covers 21,322 ha and surrounds the past-producing Equity Silver Mine in the prospective Skeena Arch region of central B.C. The Silver Hope contains the Main Trend which is a >2 km Cu-Ag-Au mineralized trend with mineralization starting at surface. West of the Main Trend is the West Cu-Mo Porphyry which is also mineralized starting from surface. The Property hosts a network of forestry roads and trails and has all-year access from Houston, BC.
The SAY Property covers 15,246 ha and is located 140 km north of Smithers, B.C. The SAY Property is within a 135 km long belt of relatively unexplored Stikine Terrane, with American Eagle Gold's NAK and Amarc Resources and Boliden Mineral Canada's DUKE Cu-Mo-Ag-Au porphyry prospects at the southern end, to HDI Quartz Mountain Resources Ltd.'s Jake Project Cu-Au-Ag porphyry discovery at the north end of the belt. The SPUR and SHEL zones are the most advanced targets on the SAY property. The SPUR is a high-grade Cu-Ag structural controlled vein and breccia target extending for 4.3 km with assays up to 15.8% Cu and 993 g/t Ag. The SHEL target area is a Cu-Mo porphyry identified by historic mapping and drilling.
Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com.
On behalf of the Board of Directors,
Robert F. Brown
President, CEO & Director
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information: This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.
SOURCE Finlay Minerals Ltd.
For further information, contact: Finlay Minerals Ltd., Ilona Lindsay, Vice President, Corporate Relations & Director, Tel: 604-684-3099, iblindsay@finlayminerals.com
Hi-View Resources Acquires Strategic “BEN” Claim Within New Southeast Target Zone, In Proximity to Amarc Resources “AuRORA” Copper/Gold Discovery Planning 2025 Exploration Program Following Sample Results of Up To 111.5 g/t Gold and 2,740 g/t Silver at its Toodoggone Project, BC
https://www.globenewswire.com/news-release/2025/02/20/3029337/0/en/Hi-View-Resources-Acquires-Strategic-BEN-Claim-Within-New-Southeast-Target-Zone-In-Proximity-to-Amarc-Resources-AuRORA-Copper-Gold-Discovery-Planning-2025-Exploration-Program-Follo.html
February 20, 2025 03:20 ET | Source: Hi-View Resources Inc.
VANCOUVER, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) -- HI-VIEW RESOURCES INC. (‘HI-VIEW' OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) announces that it has entered into an agreement with an arms-length vendor to acquire a 100% interest in the strategically located “BEN” claim in close proximity to Amarc Resources Ltd.’s (“Amarc” or “AHR”) and Freeport-McMoRan Inc.’s (“Freeport”) recently announced significant drilling discovery at the Gold-Silver-Copper rich porphyry AuRORA target. (See Amarc News Release dated January 20th, 2025). The BEN claim is strategically located within Hi-View’s Lawyers East claim block that is contiguous to the western flank of Amarc’s JOY Property.
The BEN claim was previously owned by TDG Gold Corp. (“TDG”) that operates the nearby “Baker” and “Shasta” Copper/Gold projects and is contiguous to the North and East sides of Hi-View’s Lawyers East claim block (See below Toodoggone area map).
See project page for more information: Toodoggone Mining District - Hi-View Resources
Hi-View Resources CEO Robert Nick Horsley states, “Gold prices are hitting all-time highs and copper is in high demand as a critical metal in the Green Energy Transition. We are well positioned and excited to continue our exploration in the prolific Toodoggone region following significant 2024 sampling discoveries on our Lawyers claim blocks next to the Amarc Resources AuRORA discovery.
Neighboring Thesis Gold Inc. (“TAU”) recently raised $10 Million by way of brokered private placement and will be actively drilling to expand their existing mineral resource of over 4 million ounces of Gold equivalent next to our 100% owned Golden Stranger property.
We are planning an active 2025 exploration season, focusing on both our newly acquired Babine Gold and Copper project and our Gold-Silver Projects in the prolific Toodoggone region. Furthermore, the Company will continue to look to acquire new exciting opportunities to add to its highly prospective portfolio of Gold and Copper exploration projects.”
Planning has commenced for a follow up exploration program on the Company’s 9,140 Hectare (“Ha”) Golden Stranger Project and Lawyers South, East and West claims located in British Columbia's prolific Toodoggone-Kemess porphyry Cu-Au region of north-central British Columbia (“Toodoggone”).
Hi-View’s properties are contiguous to Thesis Gold Inc. (“TAU”) Lawyers-Ranch project that has reported significant drilling intercepts and extensive continued drilling campaigns and currently hosts a Total Mineral Resource of 4.0 million ounces (Moz) gold equivalent (AuEq)1,2 (Measured and Indicated) at 1.51 grams per tonne (g/t) AuEq1,2 and 727,000 oz AuEq1,2 (Inferred) at 1.82 g/t Au Eq1,2 (See Thesis News Release dated September 5th 2024). To the Southeast, Hi-View’s properties are contiguous to Amarc’s JOY Copper-Gold district project that recently announced significant drilling discoveries at the Au-rich porphyry AuRORA Target (See Amarc News Release dated January 20th, 2025).
Figure 1. Hi-View Resources Proximity to Thesis and Lawyers Gold Deposits
Exploration at the BEN Claim
Exploration for epithermal type deposits has been concentrated on the Jerry, the Lacnoir and the eastern part of the Ben claim. The claims are underlain by coarse grained granodiorite of the Black Lake intrusive suite in contact with Jurassic Takla Group volcanic and sedimentary rocks.
Detailed ground magnetometer surveys and a program of soil sampling has been completed in the past at the Lacnoir claim and the southeast corner of the Ben claim. A number of anomalous gold in soils have been detected in the historical soil sampling including assays of up to 1,720 parts per billion gold. The results to date indicate that additional follow-up exploration is warranted on the Jerry, Lacnoir and Ben claims including geological mapping, additional geophysical surveys and further sampling programs.
Hi-View 2024 Exploration Overview
As announced on October 1st 2024, Hi-View completed a sampling program that returned assays in grab samples of up to 111.5 g/t Au and 2,740 g/t Ag. In addition, the Company identified a new target zone 1.3 km to the southeast of the Golden Stranger on the Lawyers Group. The target consists of a previously unknown mineralized zone, with one grab sample returning 2.68 g/t Au and 13.2 g/t Ag along with a number of gold in soil anomalies. The Company has 45 sites now permitted for drilling across the project to confirm and expand upon historical drilling intercepts on the project of up to 10 meters of 11.5 g/t Au. The project hosts a historical resource of 498,905 tonnes of material grading 2.74 g/t Au* (Sutton Resources Ltd. Report to Shareholders, March 30, 1989 in Energy, Mines and Resources Canada Mineral Bulletin MR 223 (1989) - B.C. 268)*.
*The historical mineral resource estimate above for the Golden Stranger mineralized zone was calculated prior to the implementation of the standards set forth in the current NI 43-101 and current CIM standards for mineral resource estimation. Resource definitions, terminology, and reporting standards have changed significantly since these series of reports. The estimates in these reports are all considered historical in nature and a QP has not done sufficient work to evaluate these resources as current resources. In order for these resources to be updated as current resources, a QP would need to examine and analyze the existing drill core, validate and verify the existing data supporting the historical estimate, and perform a confirmatory site visit. Therefore, the Company and the QP for this News Release are treating this estimate as historical in nature and are highlighting the estimate for the purpose of illustrating the potential extent of mineralization that may be present.
Prior to the October 2024 announcement Hi-View’s 2023 exploration program consisted of soil sampling within the Golden Stranger claims. The Golden Stranger claims have historical drilling of 29 diamond drill holes during 1987 and 1988, which showed mineralization in core and on surface consistent with other regional mineralized trends. The Lawyers group of claims has had an airborne magnetics survey flown at 100 meter spacing, which produced strong magnetic anomalies consistent with other regional mineralized trends.
Figure 2. Golden Stranger Drill Core
The soil survey was completed in Fall 2023 and was centered around the main Golden Stranger historical showings on a grid 3 km wide by 2.8 km in length with 15 sample lines at 200 m spacing with samples along the lines collected at 100 m intervals. A total of 419 soil samples sites were examined and where possible sampled in 2023. Results have been received for a total of 335 samples with 8 samples returning greater than 50 ppb Au and 2 samples returning greater than 100 ppb Au up to 254 ppb Au. A total of 11 rock grab samples during 2023 were collected while soil sampling with 3 samples returning greater than 0.1 g/t Au up to 0.957 g/t Au. A total of 6 of the 11 rock grab samples yielded greater than 2 g/t Ag up to 7.4 g/t Ag. Most of the rock grab samples were collected near the north end of the main showings area.
Based upon the 2023 work and results, the 2024 survey identified two new areas with multiple anomalous gold in soil samples identified 800 m north of the main showings and 1.2 km southeast of the main showings. A total of 45 rock grab samples were collected during the 2024 program. There is little exposure in the areas of the gold in soil anomalies, however, some minor silica veins with propylitic alteration were spotted in limited outcrops and were sampled. At the main historical Golden Stranger showings, geologists identified hydrothermal breccias with potassic alteration and rounded altered clasts along with silica veinlets similar to the breccias at the Cliff Creek prospect at Thesis Gold’s Lawyers Project. The breccias, similar to the neighboring Lawyers gold project, contain sooty pyrite in a silica matrix with some galena spotted. A total of five samples returned anomalous gold (>0.2 g/t Au) and six samples returned anomalous silver (>5 g/t Ag), including one impressive high-grade grab sample that returned 111.5 g/t Au and 2,740 g/t Ag. Additionally, quartz veins sampled 1.3 km to the southeast of the Golden Stranger on the Lawyers Group revealed a previously unknown mineralized zone, with one sample returning 2.68 g/t Au and 13.2 g/t Ag and four samples returning anomalous silver, indicating significant potential for further discoveries in this area.
Hi-Views’ management cautions that past results or discoveries on properties in proximity to Hi-View may not necessarily be indicative of the presence of mineralization on the Company's properties.
Terms of the Agreement
The Company has acquired 100% interest in the BEN claim block from an arm’s length vendor by issuing 100,000 common shares of the Company at a deemed price of $0.05.
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). The sampling program was undertaken by APEX personnel under the direction of Emily Laycock, M.Sc., P.Geo. A secure chain of custody is maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc, P.Geol., P.Geo., a Qualified Person as defined by National Instrument (NI) 43-101. Mr. Dufresne is independent of Hi-View Resources Inc.
Loan Agreement
The Company has entered into a Loan Agreement with an arm’s length lender for a total of $50,000.00 CAD with a 10% annual interest rate and 10% loan fee and 90 days maturity.
About Hi-View Resources Inc.
Hi-View is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA. The Company, through its subsidiary holds a 100% interest in the newly acquired Babine Copper-Gold property as well as interests in the Golden Stranger Property and the Lawyers West, East, South projects, together with claims acquired directly through staking, all located in the Toodoggone region of northern BC, prospective for gold, silver, and copper. The collective holdings cover 9,649 hectares.
On Behalf of the Board of Directors,
“R. Nick Horsley”
R. Nick Horsley, CEO
For further information, please contact:
Hi-View Resources Inc.
Howard Milne - President
Email: hdmcap@shaw.ca
Telephone: (604) 377-8994
Website: www.hiviewresources.com
FORWARD LOOKING STATEMENTS:
This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release includes statements related to the proposed Transaction and related matters. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
1,2 AuEq in Thesis News Release dated September 5th, 2024 is defined in the mineral resources as being Au=Ag/80.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/90fe99da-bb05-4a88-b4c9-260a8ba6f046
https://www.globenewswire.com/NewsRoom/AttachmentNg/06945751-bd04-44df-911b-4e5f2e2a3c26
Nicola Mining Drills 53.0 Metres of over 1.0% Copper and Confirms near Surface Copper in MARB / CAS Zones
https://www.newsfilecorp.com/release/241567/Nicola-Mining-Drills-53.0-Metres-of-over-1.0-Copper-and-Confirms-near-Surface-Copper-in-MARB-CAS-Zones
February 20, 2025 9:00 AM EST | Source: Nicola Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Nicola Mining Inc. (TSX: NIM) (OTCQB: HUSIF) (FSE: HLIA
Kingfisher Continues to Expand its Consolidated HWY 37 Project in the Golden Triangle with the Closing of the Hickman Project Acquisition
https://www.accessnewswire.com/newsroom/en/metals-and-mining/kingfisher-continues-to-expand-its-consolidated-hwy-37-project-in-the-golden-trian-988712
Thursday, 20 February 2025 01:15 PM
VANCOUVER, BC / ACCESS Newswire / February 20, 2025 / Kingfisher Metals Corp. (TSX-V:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce that it has closed the acquisition of the Hickman project (the "Hickman Project") from Golden Ridge Resources Ltd. ("Golden Ridge") (the "Transaction"), which was previously announced on February 6, 2025.
Under the terms of the definitive agreement, the Company issued 256,410 common shares in the capital of Kingfisher to Golden Ridge and granted a 2% net smelter return royalty (the "NSR") to Golden Ridge. The Company will have the right to buy back 1% of the NSR for C$5,000,000 at any time. The NSR covers the entirety of the Hickman Project except for the portion of the mineral claims that fall within a 1 km radius of the HWY 37 Project. The excluded portion of the mineral claims are covered under the net smelter return royalty agreement that pertains to the Company's Ball Creek West (BAM) project.
The Hickman Project is comprised of two claims totalling 3,008 hectares and is located immediately west and contiguous with Kingfisher's HWY 37 Project in Northwest British Columbia within the Golden Triangle.
The Hickman Project is highly prospective for Cu-Au porphyry systems and hosts an undrilled copper-gold geochemical anomaly at the Hickman Target that includes recent (2019) rock sampling results of up to 5.3% Cu and 0.28 g/t Au. This accretive acquisition secures the full extent of the open-ended Hickman Target that spans 5 km and is located 6 km away from the Schaft Creek deposit. The Transaction will bring the consolidated HWY 37 Project to 849 km2.
Qualified Person
Dustin Perry, P.Geo., Kingfisher's CEO, is the Company's Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has prepared the technical information presented in this release.
About Kingfisher Metals Corp.
Kingfisher Metals Corp. (https://kingfishermetals.com/) is a Canadian based exploration company focused on copper-gold exploration in the Golden Triangle, British Columbia. The Company has quickly consolidated one of the largest land positions in the region at the contiguous 849 km2 HWY 37 Project. Kingfisher also owns (100%) two district-scale orogenic gold projects in British Columbia that total 641 km2. The Company currently has 56,455,144 shares outstanding.
For further information, please contact:
Dustin Perry, P.Geo.
CEO and Director
Phone: +1 778 606 2507
E-Mail: info@kingfishermetals.com
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property. This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Kingfisher Metals Corp.
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First "New" Gold Mine to Open in BC for 10 Years -
QR Mine one of BC large gold mines -
investorshub.advfn.com/boards/board.aspx
investorshub.advfn.com/boards/board.aspx
British Columbia (B.C.) is positioned to become a powerhouse province in the commodity boom that has just begun.
investorshub.advfn.com/boards/board.aspwww.cambridgehouse.ca/ch_jan2009.html
www.ivarkreuger.com/metalcharts.htm www.minesite.com/companies/comp_single/company/cross-lake-minerals.html
www.bcadventure.com/adventure/explore/cariboo/cities/quesnel.htm
www.city.quesnel.bc.ca/Community/history.asp
Map of BC mining plays etc. (Not a company list.)
http://www.empr.gov.bc.ca/Mining/Geoscience/PublicationsCatalogue/OpenFiles/2010/Documents/OF2010-1.pdf
Major Exploration Programs NW Region (Companies are listed).
http://www.empr.gov.bc.ca/Mining/Geoscience/PublicationsCatalogue/ExplorationinBC/Documents/2009/2009_NW.pdf
The Big Picture
http://www.empr.gov.bc.ca/Mining/Geoscience/PublicationsCatalogue/ExplorationinBC/Documents/2009/BCExploration-and-Mining2009.pdf
Mineral Exploration Roundup 2009
January 26 - 29, 2009 - Westin Bayshore Vancouver
Pre registration for the conference is now closed.
If you wish to register for the conference, you will need to register on-site at the Westin Bayshore. On-site registration hours are available here.
Limited Tickets Remaining for the Luncheons and Awards Dinner!
There are a limited number of tickets remaining for our popular keynote events. Although registration for the conference has now closed we are offering the opportunity to purchase tickets to the special events by phone.
To purchase event tickets please call 604.689.5271 x 239.
Tickets Available:
AME BC Health and Safety Awards Luncheon
Keynote Speaker: Robin Sheremeta, General Manager & Team Leader, Safety Performance, Teck Coal Limited Elkview Operations
www.investcom.com/moneyshow/gold_cariboo.htm
www.crosslakeminerals.com/i/pdf/Presentation.pdf
BC & Yukon Chamber of Mines -
British Columbia -
http://www.bc-mining-house.com/
The BC & Yukon Chamber of Mines supports and promotes the mineral exploration community and related services.
www.amebc.ca/
The news focuses on mining in BC, Canada and the International arena. ... News or to find out how to become a subscriber, contact us: mabcinfo@mining.bc.ca ...
http://www.mining.bc.ca/news_events/news.htm
The NBK Institute of Mining Engineering is constantly improving the services that we offer to both the academic community and the general public.
http://www.mining.ubc.ca/
Let Intierra assist you in all of your information
mapping requirements
intierramapping.com/index.asp
http://gateway.cotr.bc.ca/Default.asp
World www.goldstandardinstitute.com/index.html
2010 Worldwide Mining Events Calendar
http://www.infomine.com/events/calendar/2010/
Resource Investment Conference -
Vancouver Convention and Exhibition Centre
http://www.cambridgehouse.ca/index.html
http://www.cambridgehouse.ca/ch_register.html
Useful PM related sites:
http://www.24hgold.com/
http://www.jsmineset.com/
http://www.marketwatch.com/
http://www.mineweb.com/
http://www.gold-eagle.com/
http://www.kitco.com/
http://www.usagold.com/
http://www.usagold.com/amk/usagoldmarketupdate.html
http://www.GoldSeek.com/
http://www.GoldReview.com/
http://www.capitalupdates.com/
http://www.dailyreckoning.com/
http://www.goldenbar.com/
http://www.silver-investor.com/
http://www.thebulliondesk.com/
http://www.sharelynx.com/
http://www.mininglife.com/
http://www.financialsense.com/
http://www.fgmr.com/
http://www.goldensextant.com/
http://www.goldismoney.info/index.html
http://www.howestreet.com/
http://www.depression2.tv/
http://www.un-debt.net/
http://www.minersmanual.com/minernews.html
http://www.a1-guide-to-gold-investments.com/euro-vs-dollar.html
http://www.goldcolony.com/
http://www.miningstocks.com/
http://www.mineralstox.com/
http://www.freemarketnews.com/
http://www.321gold.com/
http://www.silverseek.com/
http://www.investmentrarities.com/
http://www.kereport.com/ (Korelin Business Report -- audio)
http://www.plata.com.mx/plata/home.htm (in Spanish)
http://www.plata.com.mx/plata/plata/english.htm (in English)
http://www.resourceinvestor.com/
http://www.miningmx.com/
http://www.prudentbear.com/
http://www.dollarcollapse.com/
http://www.kitcocasey.com/
http://000999.forumactif.com/
http://www.golddrivers.com/
http://www.goldpennystocks.com/
http://www.oroyfinanzas.com/
http://www.goldcore.com/
http://coininfo.com/
http://www.insidegold.com/
http://www.goldmau.com/
http://www.milesfranklin.com/
http://www.silverminers.com/
http://www.gold-speculator.com/
http://bullion.nwtmint.com/
http://www.preciousmetalsmonthly.com/
http://www.silverstockreport.com/
http://www.longwavegroup.com/
http://theaureport.com/
Subscription sites:
http://www.lemetropolecafe.com/
http://www.marketforceanalysis.com/
http://www.hsletter.com/
http://www.interventionalanalysis.com/
http://www.investmentindicators.com/
http://www.caseyresearch.com/
http://www.deepcaster.com/
http://www.vrtrader.net/
Eagle Ranch discussion site:
http://os2eagle.net/SSL/phpentry.php
Ted Butler silver commentary archive:
http://www.investmentrarities.com/
http://cambridgehouse.com/
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