Power Metals Corp. is pleased to provide an update on its ongoing Phase II 2024 drill program at its 100% owned Case Lake property in Ontario, Canada. The program is progressing well with the successful completion of eleven diamond drill holes at both the West Joe and Case Lake zones, exceeding the initial target depth. The company is confident in its ability to complete the program ahead of schedule, with assay results anticipated in late October. Furthermore, Power Metals has initiated metallurgical test work to evaluate the cesium mineralization at West Joe, demonstrating their commitment to advancing the project towards commercialization.
Results for: Exploration
Pan Global Resources Inc. reports impressive drill results from the La Romana copper-tin-silver discovery in southern Spain, showcasing high-grade copper intersections and expanding the known mineralization. These results highlight the potential of the La Romana deposit and its significant upside for further expansion.
Cascadia Minerals Ltd. has completed its 2024 exploration program across its Yukon and BC properties, focusing on copper-gold porphyry systems. The program included drilling at the Catch Property, the first drill program at the PIL Property, and prospecting and sampling at several other properties. Assays are pending for all projects.
Skyharbour Resources Ltd. (SYHBF) has initiated a 2,500-meter summer drill program at its Moore uranium project in Saskatchewan. The program aims to expand and characterize the high-grade Main Maverick and Maverick East zones, leveraging existing infrastructure to reduce costs. The company is also advancing its prospect generator strategy, with several partner companies exploring their respective projects.
Nevada King Gold Corp. is commencing multiple geophysical surveys at its Atlanta Gold Mine Project in Nevada. These surveys aim to identify potential mineralization zones, refine existing targets, and potentially expand the mineral resource. The company is utilizing advanced technologies like CSAMT, IP, drone radiometrics, and spectral imaging to achieve these objectives.
Outcrop Silver & Gold Corporation is aggressively expanding its exploration efforts at its Santa Ana silver project in Colombia, focusing on identifying and advancing new drill-ready targets along the 30-kilometer mineralized trend. This strategy aims to significantly expand the project’s resource base and unlock its full potential as a high-grade silver producer.
Callinex Mines Inc. has announced the commencement of its fully funded 2024 exploration campaign at its 100% owned Pine Bay Project in Manitoba. The campaign includes a 5,000m drilling program targeting areas like Poseidon, Descendent, Odin and Ra with the potential to significantly expand the high-grade copper resource at Pine Bay. Notable highlights include the follow-up drilling at the Descendent discovery, which has shown promising copper equivalent grades, and the exploration of the Poseidon target area, located close to the surface and with strong geological indicators for potential mineralization.
Laramide Resources Ltd. has announced significant high-grade uranium intercepts from its 2024 drilling program at the Amphitheatre prospect within the Westmoreland Uranium Project in Queensland, Australia. The intercepts, including 4.0m @ 0.52% U3O8 within a broader zone of 11.3m @ 0.23% U3O8, highlight the significant prospectivity of the broader Westmoreland district and support Laramide’s focus on expanding mineable resources and improving project economics.
HoldCo Markets initiates coverage on Tisdale Clean Energy Corp. (TCEFF), a uranium explorer with a compelling earn-in opportunity for a 75% interest in the South Falcon East property in Saskatchewan’s Athabasca Basin. The company’s existing resource, a 6.9 Mlb Inferred resource of U3O8, sets it apart from peers and offers significant exploration upside, despite lower-than-average uranium grades. HoldCo assigns a CA$0.13 per share price objective, representing a potential 117% return for investors.
Outcrop Silver & Gold Corporation reports significant high-grade silver intercepts at the Aguilar vein discovery, located 5 kilometers south of the existing resource at its Santa Ana project in Colombia. These recent drill holes confirm the high-grade silver potential of the main Aguilar vein and newly discovered parallel veins. The company’s aggressive exploration strategy includes two active drill rigs and expanded regional target generation programs, aiming to significantly increase the existing resource and define new growth pathways along the 30-kilometer vein corridor.