Porphyry copper deposit

Solis Minerals Begins Trading July 21 Under Symbol SLMN

Wednesday, July 21, 2021 - 7:24pm

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Solis Minerals Ltd. (TSXV: SLMN) ("Solis" or the "Company") is pleased to announce it has begun trading today under the symbol SLMN, as the successor to Westminster Resources Ltd. (old symbol WMR).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Solis Minerals Ltd. (TSXV: SLMN) ("Solis" or the "Company") is pleased to announce it has begun trading today under the symbol SLMN, as the successor to Westminster Resources Ltd. (old symbol WMR).
  • Solis Minerals is a Latin-American focused copper company, exploring the Mostazal copper porphyry project in northern Chile, and the Ilo Norte copper IOCG project and Ilo Este copper porphyry projects in southern Peru.
  • Having recently closed a $2.7 million financing on May 12, 2021, Solis Minerals is well funded for its first field season in Chile and Peru.
  • Jason Cubitt, President and CEO of Solis Minerals noted "The re-naming of Westminster Resources to the new Solis Minerals is another milestone in our history.

Sanatana and ArcWest Sign Option Agreement for the Oweegee Dome Porphyry Copper-Gold Project, Located in BC's Golden Triangle

Wednesday, July 21, 2021 - 4:11pm

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has entered into an agreement with ArcWest Exploration Ltd. ("ArcWest") (TSXV: AWX) to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project (the "Property" or "Oweegee Dome") in British Columbia's Golden Triangle.

Key Points: 
  • Sanatana has signed an agreement to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project.
  • Vancouver, British Columbia--(Newsfile Corp. - July 21, 2021) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") has entered into an agreement with ArcWest Exploration Ltd. ("ArcWest") (TSXV: AWX) to option up to 80% of ArcWest's Oweegee Dome porphyry copper-gold project (the "Property" or "Oweegee Dome") in British Columbia's Golden Triangle.
  • Peter Miles, CEO of Sanatana commented, "Sanatana welcomes the opportunity to partner with ArcWest to explore the Oweegee Dome project, which is host to one of the largest underexplored porphyry Cu-Au systems in BC's Golden Triangle.
  • The Oweegee Dome project is situated 45 km east of Seabridge Gold Corp's supergiant KSM-Iron Cap porphyry Cu-Au project.

ATEX Defines Opportunity to Extend Porphyry Mineralization Closer to Surface at Its Valeriano Copper Gold Project

Wednesday, July 14, 2021 - 10:49pm

In addition to the Copper Gold Porphyry Deposit, Valeriano also hosts the near surface Gold Oxide Deposit and the newly discovered GBV gold zone (July 6, 2021 ATEX press release).

Key Points: 
  • In addition to the Copper Gold Porphyry Deposit, Valeriano also hosts the near surface Gold Oxide Deposit and the newly discovered GBV gold zone (July 6, 2021 ATEX press release).
  • "This new area provides a significant exploration opportunity and, during the upcoming drill season, represents a high priority target for the expansion of the Valeriano Copper Gold Porphyry Deposit."
  • The relogging program developed the identification of six distinctive porphyry intrusives with five related to the development of the porphyry copper gold mineralization (VP1 to VP5) and one post mineral, dacitic intrusive that cuts all stages of mineralization: copper gold porphyry and gold oxide.
  • This evidence supports the interpretation that the Valeriano porphyry system may extend to the southwest of previous area of drilling and the copper gold mineralization may also occur closer surface in this unexplored area.

Aurwest Initiates Exploration Program on Stellar Porphyry Copper-Gold Property

Tuesday, July 13, 2021 - 1:00pm

Calgary, Alberta--(Newsfile Corp. - July 13, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") is pleased to announce the commencement of its 2021 exploration program on its Stellar porphyry copper/gold project (22,342 ha), located approximately 25 km southwest of Houston, British Columbia.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - July 13, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") is pleased to announce the commencement of its 2021 exploration program on its Stellar porphyry copper/gold project (22,342 ha), located approximately 25 km southwest of Houston, British Columbia.
  • The program consists of a regional evaluation of the western portion of the project which is essentially unexplored and detailed exploration of the two porphyry targets.
  • The focus of the program is two porphyry copper targets, which contingent on results of the Induced Polarization survey could identify potential drilling targets.
  • The historical exploration indicates the mineralogy, styles of mineralization, alteration and intrusive activity over large areas indicative of a porphyry system, yet the data appears never to have been incorporated into a porphyry exploration model."

TNR Gold Announces McEwen Copper $80 Million Private Placement to Advance the Los Azules Copper Project

Thursday, July 8, 2021 - 1:30pm

Proceeds from the Offering will be used exclusively by McEwen Copper to advance the Los Azules Copper Project to a pre-feasibility study, to construct a new year-round access road to the project, carry out exploration drilling at Los Azules, and to complete environmental permitting and community relations.

Key Points: 
  • Proceeds from the Offering will be used exclusively by McEwen Copper to advance the Los Azules Copper Project to a pre-feasibility study, to construct a new year-round access road to the project, carry out exploration drilling at Los Azules, and to complete environmental permitting and community relations.
  • The Los Azules Copper Project is an advanced large-scale porphyry copper exploration project located in the prolific Andean Cordillera copper belt, 56 miles (90 km) north of Glencore's El Pachn project and near the border with Chile.
  • TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals.
  • TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project.

Abacus Announces Start of Willow Drilling

Wednesday, July 7, 2021 - 12:00pm

VANCOUVER, British Columbia, July 07, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) is pleased to announce that a diamond drilling program has started on its Willow porphyry copper property in the Yerington copper camp, southeast of Reno, Nevada.

Key Points: 
  • VANCOUVER, British Columbia, July 07, 2021 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) is pleased to announce that a diamond drilling program has started on its Willow porphyry copper property in the Yerington copper camp, southeast of Reno, Nevada.
  • Abacus completed geological, geochemical and geophysical work on Willow beginning in 2017 and then undertook a short core drilling program.
  • This drilling identified the Luhr Hill Granite on Willow with copper values in the 0.1% to 0.2% Cu range along with elevated Mo.
  • *
    Abacus has the right to earn a 75% ownership interest in the Willow property from Almadex America Inc, a wholly owned subsidiary of Almadex Minerals Ltd.

Mundoro Advances Targeting on Vale Program and Generative Programs

Tuesday, July 6, 2021 - 5:43pm

Elsewhere Mundoro has been advancing targeting at the GT7 copper project where field investigations are demonstrating a larger alteration footprint indicative of classic porphyry systems.

Key Points: 
  • Elsewhere Mundoro has been advancing targeting at the GT7 copper project where field investigations are demonstrating a larger alteration footprint indicative of classic porphyry systems.
  • Compelling Targets Advanced on Vale-Mundoro Projects: The Vale-Mundoro Technical Committee approved a US$1.9 million exploration program up to the end of Q3-2021.
  • Mundoro Advances Target Compilation at GT7 Copper: The project contains exposures of diorite porphyry copper-gold type quartz stockwork mineralization and is related to precious and base metals veins that extend in sedimentary country rocks.
  • Historical data collection was completed and a field sampling and mapping program is underway.

Southern Continues to Extend Mineralization on the Mina La Bocona and South Skarn Targets at the Cerro Las Minitas Project

Tuesday, July 6, 2021 - 2:30pm

About Southern Silver Exploration Corp.

Key Points: 
  • About Southern Silver Exploration Corp.
    Southern Silver Exploration Corp. is an exploration and development company with a focus on the discovery of world-class mineral deposits.
  • We have assembled a team of highly experienced technical, operational and transactional professionals to support our exploration efforts in developing the Cerro Las Minitas project into a premier, high-grade, silver-lead-zinc mine.
  • Our property portfolio also includes the Oro porphyry copper-gold project located in southern New Mexico, USA.
  • The 2019 Cerro Las Minitas Resource Estimate was prepared following CIM definitions for classification of Mineral Resources.

Freeport to Acquire Yandera Copper Project

Monday, June 28, 2021 - 1:00pm

Carpo is a privately-held company which controls Era Resources Inc., a corporation established under the laws of Cayman Islands and which itself controls an exploration license located in Papua New Guinea and which is commonly known as the "Yandera Copper Project".

Key Points: 
  • Carpo is a privately-held company which controls Era Resources Inc., a corporation established under the laws of Cayman Islands and which itself controls an exploration license located in Papua New Guinea and which is commonly known as the "Yandera Copper Project".
  • In connection with completion of the Transaction, the Company does not expect to assume any material liabilities, nor does it expect to devote the majority of its working capital or resources to the development of Carpo or the Yandera Copper Project.
  • The Yandera copper project is an igneous, intrusive-hosted, structurally controlled copper porphyry system with ancillary molybdenum and gold.
  • These forward-looking statements or information may relate to the intended completion of the Transaction, the Yandera Copper Project, and other factors or information.

Westminster Signs Definitive Agreement and Triples Land Package in Chile's Atacama

Thursday, June 24, 2021 - 2:00pm

This marks an important milestone for the Company and advances its strategic copper focus in Latin America.

Key Points: 
  • This marks an important milestone for the Company and advances its strategic copper focus in Latin America.
  • The copper-rich mineralized system at Mostazal, exposed over ten-square-kilometres in out-crop and historic mines, extends under cover into Atacama gravels surrounding the property.
  • Accordingly, Westminster has staked additional exploration claims through its wholly owned Chilean subsidiary, taking the total coverage area in both exploitation and exploration licenses from 13-square-kilometres to 39-square-kilometres.
  • Mostazal represents a tier-one, drill-ready copper porphyry target within the most richly endowed geological setting in the region.