Results for: Exploration

IsoEnergy Ltd. has entered into an asset purchase agreement with Future Fuels Inc., selling its Mountain Lake property in Nunavut. The transaction consolidates a significant land holding in the Hornby Basin, strengthening the region’s uranium exploration potential and creating a district-scale opportunity. IsoEnergy will retain a significant equity position in Future Fuels and will continue to benefit from the project’s advancements.

Libero Copper & Gold Corporation is aggressively pursuing the expansion of its Mocoa porphyry copper-molybdenum project in Colombia. This involves a substantial 14,000-meter drilling program designed to enhance the understanding of high-grade copper and molybdenum distribution, potentially expand the resource, and explore new target areas. This ambitious initiative represents a significant commitment to advancing Mocoa as a premier copper asset.

Power Metals Corp. reports significant progress in its Phase II drill program at the Case Lake Project (CLP) in Ontario. The program has yielded high-grade mineralization of cesium, lithium, and tantalum, confirming the project’s substantial exploration potential. This article delves into the impressive results, highlights key intercepts, and explores the strategic significance of these discoveries for Power Metals and the global market for critical minerals.

Canada Nickel Company Inc. is pleased to announce impressive results from its ongoing exploration programs at Reid, Mann, and Reaume, all located in the Timmins Nickel District of Ontario. The company has completed over 100,000 meters of drilling across 14 properties in 2024, yielding significant nickel, cobalt, and platinum group metals (PGM) intersections. Notably, the Mann West property has shown exceptional potential with long intervals of well-mineralized peridotite, putting the company on track for an initial resource estimate by Q1 2025.

Vizsla Copper Corp. has announced exciting results from a direct current induced polarization (DCIP) survey at the Woodjam project in British Columbia, revealing a significant chargeability-high anomaly within the Great Plains target area. This anomaly is believed to be geologically similar to the nearby Southeast deposit, which holds a historical inferred mineral resource estimate of 221.7 million tonnes. The discovery has significantly boosted the target ranking of the Great Plains area, potentially leading to further exploration activities and drill testing in 2025.

FPX Nickel Corp. has significantly expanded its Decar Nickel District in British Columbia, nearly doubling the mineral claims package at its flagship Baptiste Nickel Project. The expansion encompasses over 188 km² of new ground and includes the acquisition of 18 km² of claims from a previous operator, providing FPX with enhanced geological potential, project development flexibility, and a simplified regional engagement landscape. Additionally, the company acquired 87 km² of claims adjacent to its Klow project, which holds strong potential for awaruite mineralization. These expansions position FPX for continued exploration and development success in the region.

NiCAN Limited has identified a significant number of new untested target areas at its Wine Nickel-Copper Project in Manitoba, following successful geophysical surveys and groundwork. These targets, located within the Wine Gabbro area, hold the potential for high-grade nickel-copper mineralization, drawing parallels to the historical Lynn Lake nickel deposits.

Patriot Battery Metals Inc. announced significant progress on its 100%-owned Shaakichiuwaanaan Property in Quebec, Canada. The company completed an extensive drill campaign, advancing the feasibility study for the CV5 Spodumene Pegmatite, which is expected to be completed in the third quarter of 2025. The drilling program supported the conversion of inferred resources to indicated resources, enhancing the project’s economic viability. Alongside drilling, Patriot Battery Metals conducted geotechnical, hydrogeological, and geomechanical studies, along with surface exploration, all aimed at strengthening the foundation for the feasibility study.

Nevada King Gold Corp. reports impressive gold assay results from recent drilling at its Atlanta Gold Mine Project, revealing significant high-grade gold zones in the West Atlanta Graben Zone (WAGZ). The company’s drilling program continues to demonstrate the substantial potential of the Atlanta Mine, with a large mineralized area hosting thick packages of consistent oxide mineralization.

NGEx Minerals Ltd. has increased its non-brokered private placement to C$175 million due to overwhelming investor interest. The funds will be used to advance exploration at the Lunahuasi and Los Helados projects in Argentina and Chile, respectively.