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Puma Launches 2024 Exploration Program at Jonpol Gold

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Mercoledì, Maggio 8, 2024

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RIMOUSKI, Quebec, May 08, 2024 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the "Company" or "Puma") is pleased to launch its 2024 exploration program at its 100%-owned Jonpol Gold property located 8 km east of its Williams Brook property in Northern New Brunswick.

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RIMOUSKI, Quebec, May 08, 2024 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the "Company" or "Puma") is pleased to launch its 2024 exploration program at its 100%-owned Jonpol Gold property located 8 km east of its Williams Brook property in Northern New Brunswick.
A focused exploration program will be deployed this summer at the Jonpol Gold property and its new expansion (see Figure 1) to advance the Company’s understanding of the sizeable orogenic gold system at play in the region and identify additional potential gold deposits.
The 2024 summer program at Jonpol aims to investigate and revisit gold showings found by previous operators using Puma's proven exploration strategy.
Puma has not done any field work on those gold showings since the acquisition of the property in 2019.

Terra Balcanica Provides Exploration Activities Update on High Grade Silver and Gold Targets at Viogor Zanik Project in Bosnia

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Giovedì, Aprile 11, 2024

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The Company completed approximately 2,200 m of drilling along a shallow, high grade, silver-dominated, intermediate sulfidation polymetallic Ag-Au-Pb-Zn-Sb vein system at the locality known as Chumavichi (Figures 1 and 2).

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The Company completed approximately 2,200 m of drilling along a shallow, high grade, silver-dominated, intermediate sulfidation polymetallic Ag-Au-Pb-Zn-Sb vein system at the locality known as Chumavichi (Figures 1 and 2).
The Company completed approximately 1,200 m of diamond drilling at Brezani with additional assays to be released shortly.
Figure 1 Geological map of the Viogor-Zanik project illustrating the drilled targets during the Phase II campaign.
It passes through a break in the magnetics, which is further evidence of structural control (click here to view image).

ATHA Energy Discovers High-Priority Electromagnetic Target Coincident With 11.3% U308 Boulder Sample

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Mercoledì, Gennaio 31, 2024

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VANCOUVER, British Columbia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce results from its large-scale electromagnetic (“EM”) surveys at its 100%-owned North Beacon Project and North Crest Project (together, the “Projects”). The Projects are located in Saskatchewan’s Athabasca Basin, within the Company’s North Rim Exploration District (the “North Rim Exploration District”).

Key Points:

The survey results indicate that both Projects are prospective for hosting Unconformity and Basement styles of uranium mineralization.
The Projects are located in Saskatchewan’s Athabasca Basin, within the Company’s North Rim Exploration District (the “North Rim Exploration District”).
Historic showings in the area have identified anomalous surface geochemistry coincident with the magnetic lows and conductive highs in the ZTEM.
The ATHA transactions with Latitude and 92E are expected to respectively close in Q1 2024 and Q2 2024.

De Grey to Invest A$25 Million to Earn 50% in Egina JV and Complete A$10 Million Cornerstone Investment

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Mercoledì, Giugno 21, 2023

km, through an earn-in and joint venture (“Egina JV”) under a binding Heads of Agreement (the “Agreement”).

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km, through an earn-in and joint venture (“Egina JV”) under a binding Heads of Agreement (the “Agreement”).
De Grey will manage all exploration under the earn-in and become the manager of the Egina JV once established.
The cornerstone private placement to De Grey will be completed at Novo's current spot price of C$0.255 per common share.
This transaction with De Grey will result in Novo having an unaudited consolidated cash position of approximately C$29.8 million / A$33.0 million.

Novo Resources: Further Standout Becher Gold Results Highlight Encouraging Growth Potential

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Martedì, Maggio 23, 2023

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VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to report continued outstanding results from the 2023 AC drilling program at Becher. Results referred to in this news release are not necessarily representative of mineralisation throughout the Egina Gold Camp.

Key Points:

Becher is located in the northern section of the Egina Gold Camp 28 km along trend from De Grey Mining Limited’s 10.6 Moz Au (JORC 2012)1 Mallina Gold Project.
Commenting on the drill program, Novo Executive Co-Chairman and Acting CEO Mike Spreadborough said, “We are very excited by further standout assay results from our Becher Project, which is located in the Egina Gold Camp.
Novo has discovered a large broad area of gold anomalism with recent drilling now confirming gold mineralisation extending into the underlying intrusions and sandstone rock units adjacent to De Grey’s Mallina Gold Project.
Results referred to in this news release are not necessarily representative of mineralisation throughout the Egina Gold Camp.

Novo Resources: Drilling Underway at Highly Prospective Becher Project

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Venerdì, Maggio 5, 2023

+20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia.

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+20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia.
2 While certain aspects of Becher mineralisation seem analogous to that at the Mallina Gold Project as disclosed by De Grey Mining’s Mallina Gold Project, mineralisation is not necessarily representative of mineralisation throughout the Becher Area or the Egina Gold Camp.
VANCOUVER, British Columbia, May 05, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce the commencement of a +20,000 m AC drilling program at the Company’s flagship Becher Project (“Becher” or “the Project”), located in the northern sector of the Egina Gold Camp (“Egina”).
The Becher Area (E47/3673, 100%-owned by Novo) contains multiple high-priority orogenic gold targets under shallow cover in the highly prospective, yet under-explored Mallina Basin.

Lomiko Identifies 55 New Prospective Targets in the Grenville Graphite Mineral Belt and Updates Exploration on Bourier Lithium Project

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Martedì, Febbraio 21, 2023

Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the following regional exploration updates.

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Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the following regional exploration updates.
These new claim blocks lie within a 100 km radius of the Company’s flagship La Loutre graphite project.
We intend to follow up on the prospective targets identified on all six properties with Beep-Map prospecting and sampling later in 2023.
Seven linear TDEM trends show strong correlation with magnetic trends and are considered prospective targets for graphite-sulphide mineralization.

New Compelling Rock Chip sample assays reported for REEs at the Arctic Fox Project

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Martedì, Febbraio 7, 2023

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In summary, a total of 58 samples were taken at the Arctic Fox Project.

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In summary, a total of 58 samples were taken at the Arctic Fox Project.
The Arctic Fox Project is located circa 185 km by road north-west of Alice Springs in the Northern Territory (refer Figure 2).
The technical team believe the style mineralization being targeted within the Artic Fox Project is comparable to that apparent at Nolan's Bore.
Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the Arctic Fox and Isbjorn Properties.

FirstLight Power and Reading Municipal Light Department Enter Power Purchase Agreement for all the Output of the Falls Village Hydro Facility

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Mercoledì, Gennaio 18, 2023

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FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the extension of the company’s power purchase agreement with Reading Municipal Light Department (RMLD).

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FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the extension of the company’s power purchase agreement with Reading Municipal Light Department (RMLD).
“We are thrilled to extend our collaboration with the Reading Municipal Light Department, which will help deliver clean, reliable, and cost-competitive electricity to RMLD ratepayers,” said Peter Rider, Senior Vice President of Commercial Operations of FirstLight Power.
As part of the agreement with RMLD, FirstLight’s Falls Village Station, which is located in Falls Village, CT, will supply the municipality with energy and renewable energy credits.
Falls Village is a three-unit hydroelectric station on the Housatonic River and the facility is qualified as a Class I (CT Class I) renewable run-of-river energy facility.

Nicola Provides Year in Review: 2022

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Martedì, Dicembre 20, 2022

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.
On March 14, 2022, Nicola announced that it had entered into a Rock and Gravel Extraction and Preferential Engagement Agreement (the "Agreement") with Lower Nicola Site Services Ltd. ("LNSS") an indirectly majority-owned company.
LNSS is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.
Last month, on November 21, 2022, we announced that we had received a multi-year area-based exploration permit, Permit Number MX-4-697 (the "MYAB Permit4"), on November 3, 2022.