NI 43-101

Canadian North Resources Reports Substantial Increase of Copper, Nickel, Cobalt, Palladium and Platinum NI 43-101 Compliant Mineral Resources for its 100% owned Ferguson Lake Project in Canada

Retrieved on: 
Tuesday, March 19, 2024

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce an updated Mineral Resource estimate (Table 1) for its 100% owned Ferguson Lake base metal (copper, nickel, cobalt) and platinum group metal (“PGM”, mainly palladium and platinum) project in Nunavut, Canada.

Key Points: 
  • This new Mineral Resource Estimate has demonstrated the project is one of the largest and highest-grade undeveloped critical mineral projects in North America.
  • The Mineral Resources for the Ferguson Lake Project were estimated using Leapfrog Edge™ software.
  • Open pit Mineral Resources are reported at a NSR cut-off value of US$33.00 and underground mineral resources are reported at a NSR cut-off value of US$96.00.
  • The 2022 Mineral Resource Estimate considered recoveries derived from hydrometallurgical testworks to produce the metal products of copper, nickel, cobalt, palladium and platinum.

NEVADA KING PASSES 76,000M IN ITS PHASE II DRILL PROGRAM, RESULTS FOR 137 HOLES PENDING AT ATLANTA

Retrieved on: 
Thursday, February 1, 2024

Since inception of the Phase II Atlanta drill program in June 2022 Nevada King has completed 391 holes totaling 76,249m, which includes 371 reverse-circulation ("RC") holes totaling 72,743m and 20 core holes totaling 3,506m.

Key Points: 
  • Since inception of the Phase II Atlanta drill program in June 2022 Nevada King has completed 391 holes totaling 76,249m, which includes 371 reverse-circulation ("RC") holes totaling 72,743m and 20 core holes totaling 3,506m.
  • Prior to initiating the Phase II program the Company completed 68 holes totaling 5,544m in it's maiden Phase I program.
  • To date, as part of its Phase II program, Nevada King has reported assays from 254 holes covering 46,201m with results from 137 drill holes totaling 30,048m currently pending.
  • The core rig that began operating in October 2023 successfully completed six holes (1,258m) needed for ongoing metallurgical testwork plus confirmation of RC drill results.

First American Uranium & US Forest Service (USFS) Kickoff Meeting Scheduled for Drilling Exploration Plan on New Mexico-Based Red Basin Uranium Project

Retrieved on: 
Thursday, January 18, 2024

The Company will be represented at the Meeting by Frank Bain, P.Geo., First American Uranium's Field Representative.

Key Points: 
  • The Company will be represented at the Meeting by Frank Bain, P.Geo., First American Uranium's Field Representative.
  • “This meeting with the USFS is a significant milestone in advancing our Red Basin Uranium Project,” said Shawn Balaghi, First American Uranium’s CEO.
  • The Red Basin Uranium Project is located ~250 miles (~402 km) southeast of the uranium mill in Blanding, Utah.
  • Gulf Oil conducted a thorough drill program at the Red Basin project area in the 1980s before a collapse in the uranium price, including drilling an estimated 1,000 holes.

Heliostar Metals Announces Updated Mineral Resource Estimate for the Ana Paula Project, Mexico

Retrieved on: 
Monday, November 27, 2023

Heliostar has selected a 1.0g/t cutoff as a representation of the global resource estimate for the Updated Mineral Resource Estimate.

Key Points: 
  • Heliostar has selected a 1.0g/t cutoff as a representation of the global resource estimate for the Updated Mineral Resource Estimate.
  • The Updated Mineral Resource Estimate has been designed and optimized for an underground mining scenario.
  • The tighter spaced drilling completed by Heliostar in 2023 was the principal driver of higher average gold grades in the Updated Mineral Resource Estimate.
  • The Company is hosting a webinar tomorrow, November 28 at 1pm Pacific/4pm Eastern time, to provide present the Updated Mineral Resource Estimate for the Ana Paula Project.

NEVADA KING REVIEWS 2023 ACHIEVEMENTS AT ITS ATLANTA GOLD MINE PROJECT - DRILLS 50,000M, INCREASES LAND PACKAGE, AND CONFIRMS NEW GEOLOGICAL MODEL

Retrieved on: 
Thursday, December 28, 2023

Drilled seven diamond drill holes and 202 reverse circulation holes at Atlanta accounting for over 50,000 metres during the 2023 calendar year.

Key Points: 
  • Drilled seven diamond drill holes and 202 reverse circulation holes at Atlanta accounting for over 50,000 metres during the 2023 calendar year.
  • Expanded Phase II drill program from 20,000m to 60,000m following a series of exploration successes that leveraged off new geological modeling.
  • Atlanta Exploration & Drilling Highlights:
    One year ago today, Nevada King released an updated geologic model that represented a significant departure from the historical interpretation of the Atlanta Au-Ag epithermal system.
  • The prior model constrained the distribution and tenor of gold mineralization to a single fault structure.

Defense Metals Files NI 43-101 Mineral Resource Estimate Technical Report for the Wicheeda Rare Earth Element Project

Retrieved on: 
Monday, October 30, 2023

VANCOUVER, BC, Oct. 30, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has filed the detailed Technical Report (the "Technical Report") of its updated Mineral Resource Estimate ("2023 MRE") for its 100% owned Wicheeda Rare Earth Element (REE) deposit located in British Columbia, Canada.

Key Points: 
  • VANCOUVER, BC, Oct. 30, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has filed the detailed Technical Report (the "Technical Report") of its updated Mineral Resource Estimate ("2023 MRE") for its 100% owned Wicheeda Rare Earth Element (REE) deposit located in British Columbia, Canada.
  • The Technical Report is dated October 27, 2023, effective August 28, 2023, is entitled "Technical Report on the Wicheeda Property, British Columbia, Canada", and was prepared by APEX Geoscience Ltd.
  • Readers are encouraged to read the Technical Report in its entirety, including all qualifications, assumptions, and exclusions.
  • ), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a director of Defense Metals and a "Qualified Person" as defined in NI 43-101.

NEVADA KING PASSES 57,000M AT ITS PHASE II DRILL PROGRAM - RESULTS FOR 137 HOLES PENDING AT ATLANTA

Retrieved on: 
Monday, October 23, 2023

To date in the Phase II program 323 holes totaling 57,392m have been completed, comprising 17 core holes totaling 1,587m and 306 reverse circulation ("RC") holes totaling 55,804m.

Key Points: 
  • To date in the Phase II program 323 holes totaling 57,392m have been completed, comprising 17 core holes totaling 1,587m and 306 reverse circulation ("RC") holes totaling 55,804m.
  • Assays from 186 holes totaling 32,369m from the Phase II program have been reported to date with results pending for 137 drill holes totaling 25,023m.
  • To date, Nevada King's Phase I and Phase II programs have added a total of 386 holes and 63,273m to the Atlanta project database (63 holes totaling 5,881 m in Phase I and 323 holes totaling 57,392m in Phase II).
  • Cal Herron, Exploration Manager of Nevada King, stated, "The drilling program has been running smoothly with steady production from all drills.

Graphite One Completes Extensive 2023 Drilling Campaign at Graphite Creek, Reports Wide Intercepts of High-Grade Graphite

Retrieved on: 
Monday, October 23, 2023

"The leadership team at Bering Straits Native Corporation (BSNC) is pleased with the early returns from Graphite One's busy drilling season.

Key Points: 
  • "The leadership team at Bering Straits Native Corporation (BSNC) is pleased with the early returns from Graphite One's busy drilling season.
  • "As a BSNC shareholder originally from Nome myself, I am thrilled by what this project can do for our region."
  • With the United States currently 100 per cent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource.
  • Rob Retherford, P. Geo, with Alaska Earth Sciences, Inc. provided oversite to the 2023 drilling and sampling program.

Denarius Metals Announces Conversion of 73% of Resources to the Indicated Category in Its Updated Mineral Resource Estimate for Its Lomero Project in Spain

Retrieved on: 
Monday, September 18, 2023

The Phase 2 and Phase 3 drilling campaigns have successfully converted approximately 73% of the initial inferred MRE to the Indicated Mineral Resources category.

Key Points: 
  • The Phase 2 and Phase 3 drilling campaigns have successfully converted approximately 73% of the initial inferred MRE to the Indicated Mineral Resources category.
  • The updated Mineral Resource for the Lomero Project with an effective date of July 31, 2023 is shown in Table 1 below.
  • The Mineral Resources have been reported based on Copper Equivalent ("CuEq") with the key assumptions included in the table.
  • Table 1: SRK CIM Compliant Mineral Resource Statement effective July 31, 2023 for the Lomero Project, Spain, reported based on Copper Equivalent CuEq (2)

NEVADA KING MOBILIZES A FOURTH RIG TO ATLANTA, RESUMES CORE DRILLING FOR ONGOING METALLURGICAL TESTING PROGRAM AND RESOURCE CONFIRMATION

Retrieved on: 
Thursday, September 21, 2023

There are now four drill rigs operating at Atlanta – three reverse circulation ("RC") rigs and one diamond core drill.

Key Points: 
  • There are now four drill rigs operating at Atlanta – three reverse circulation ("RC") rigs and one diamond core drill.
  • The Company is also pleased to announce the results of its 2023 meeting of shareholders.
  • Core drilling will focus on a series of six strategically placed PQ holes totaling 1,480m along high-grade corridors in and around the historic Atlanta Pit that will be used for the ongoing metallurgical testing program as well as confirmation of proximal RC hole results.
  • Nevada King reports the results of its annual general and special meeting (the "Meeting") of shareholders held on September 20, 2023, in Vancouver, BC, Canada.