MiningFeeds
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MiningFeeds
1d ago
Figure 1 – Plan View of Drilling to Date. Source: Solaris Resources
Solaris Resources (TSX:SLS) (NYSEAMERICAN:SLSR) has shared the initial results from its 2024 drilling efforts and provided an update on exploration at its Warintza Project in southeastern Ecuador. These early results include intersections of 150 meters of 0.67% copper equivalent (CuEq) within a broader section of 384 meters of 0.51% CuEq, and another segment measuring 284 meters of 0.53% CuEq starting near the surface.
The drilling operations, which intensified during the first quarter despite the rainy season, are part of a l ..read more
MiningFeeds
4d ago
Figure 1: Growth of the CV5 Spodumene Pegmatite through 2023. (CNW Group/Patriot Battery Metals Inc)
Patriot Battery Metals (TSX:PMET) has reported detailed results from its 2023 drilling activities at the CV5 Spodumene Pegmatite located on its wholly owned Corvette Property in the Eeyou Istchee James Bay region of Quebec. The Corvette Property lies approximately 13.5 km south of the Trans-Taiga Road and powerline infrastructure, an advantageous position for logistical support.
In 2023, the company completed drilling in 42 new holes at the CV5 Spodumene Pegmatite, which previously had a maiden ..read more
MiningFeeds
6d ago
Figure 1 below shows the progress of hole GTCM24-056, the Granite Zone and the gold potential window of the Campbell Shear. Source: Gold Terra Resource
Gold Terra Resource Corp. (TSXV:YGT) has reported details on the progress of deep drilling operations at the Con Mine. The focus of the reported results includes drill hole GTCM24-056, initiated in early February, aiming at the Campbell Shear below the Con Mine workings, which historically produced over 5.1 million ounces of gold at an average grade of 16 grams per tonne. Notably, the drilling intersected the Con Shear, a secondary shear struct ..read more
MiningFeeds
6d ago
Source: Solaris Resources
Solaris Resources (TSX:SLS)(NYSEAmerican:SLSR) and the Shuar communities of Warints and Yawi have recently signed an updated Impact and Benefits Agreement (IBA) for the Warintza Project. This agreement signifies a step forward in the project’s evolution, reflecting its continued growth and advancement.
The IBA is a key part of Solaris’ Community Social Relations (CSR) program, recognized as a leading practice within the Ecuadorian mining industry. It guarantees the Shuar communities’ backing for Warintza throughout all stages, from exploration and development to produ ..read more
MiningFeeds
1w ago
Figure 1 – Onyx Gold’s Land Position In Timmins, Ontario. Source: Onyx Gold
Onyx Gold (TSXV:ONYX) recently released gold results from the first six drill holes of its ongoing 3,000-meter Spring Drill Program at the Munro-Croesus Project in Timmins Gold Camp, Ontario. This program focuses on the newly discovered GM Vein, which is situated 350 meters away from the historic Croesus Gold Mine, known for some of the highest-grade gold mined in Ontario.
The GM Vein was first identified in fall of 2023 when a drill hole (MC23-132) hit a 30-centimeter wide quartz vein containing visible gold, yielding ..read more
MiningFeeds
1w ago
Source: Solaris Resources
Solaris Resources (TSX:SLS)(NYSEAmerican:SLSR) is gearing up for its debut on the NYSE American. The move involves the discontinuation of its listing on the OTCQB Venture Market, transitioning the trading of its common shares to a more prominent platform under the new ticker symbol “SLSR” starting April 19, 2024. This strategic shift aims to provide Solaris with enhanced visibility and accessibility to a broader base of institutional and retail investors.
The company, which will continue to be listed on the Toronto Stock Exchange under the ticker “SLS”, does not req ..read more
MiningFeeds
1w ago
Bank of America (BofA) analysts are bringing attention to a shift in the copper market. According to them, copper prices are set to rise substantially by 2026. The expected increase is due to the metal’s decoupling from traditional market cycles, driven by the global energy transition and technological advancements. This phenomenon should see copper stop following the broader commodity market trends in the coming quarters and hold on to a bullish trend in the coming years.
The April 8, 2024 report by BofA, co-authored by commodity strategist Michael Widmer, points out the central issue of tig ..read more
MiningFeeds
1w ago
Figure 1. Regional summary map of the Atlantic Project highlighting uranium occurrences, historical and 2024 drill holes, geophysical anomalies, and EM conductors. Source: Standard Uranium
Standard Uranium (TSXV:STND) has recently completed its first round of drilling at the Atlantic Project, located in the eastern Athabasca Basin, northern Saskatchewan. The project spans over 3,061 hectares and initial reports indicate that all drill holes showed signs of anomalous radioactivity. This area is known for its uranium potential, hosting numerous occurrences of the element along an 18 km east-west ..read more
MiningFeeds
1w ago
Figure 1: Workmap showing drill hole locations at the Blackjack gold deposit. Source: Sitka Gold
Sitka Gold (TSXV:SIG) has recently reported a significant finding in its 2024 winter diamond drilling program at the RC Gold Project in Yukon’s Tombstone Gold Belt. The company has drilled a total of 1085.1 meters this year, aiming for a total of 15,000 meters. The second drill hole of 2024, designated DDRCCC-24-58 or Hole 58, located 70 meters north of the prior hole DDRCCC-24-057, has shown visible gold within sheeted veining in megacrystic quartz monzonite intrusive rock. This hole reached a dep ..read more
MiningFeeds
2w ago
Figure-1: Map showing significant intercepts at Red Hill and Garang Base zones of the Arthington Target. Source: Zodiac Gold
Zodiac Gold (TSXV:ZAU) has announced additional positive results from its ongoing Phase II Drill Program at the Arthington Target, located within their Todi gold project in Liberia, West Africa.
The Arthington Target is situated on an 18.5 km long mineralized trend and is one among five high-priority targets within the company’s expansive Todi project. In 2022, a Phase I program identified gold mineralization in 20 out of 22 drill holes.
David Kol, President & CEO of ..read more