15 items across 16 digests
Formation Metals raised $22.4 million in an upsized funding round for expanded drilling operations in Quebec. This capital injection enables increased exploration activities in Canada's mineral-rich regions, potentially advancing critical mineral discoveries.
Targa Exploration Corp. provided drilling updates from its El Zanjon gold-silver project in Santa Cruz, Argentina. This operational update matters to mining investors tracking precious metals exploration progress and potential resource expansion in South American jurisdictions.
Shuka Minerals has commenced Phase 1 drilling at the No.2 orebody of its Kabwe zinc mine in Zambia, with the initial diamond drill hole planned at 65° angle. This drilling campaign could expand the known zinc resources at a time when base metals demand remains strong for industrial applications.
Sun Summit Minerals outlined significant drilling plans for the JD Project in British Columbia's Toodoggone Mining District. This exploration activity indicates continued investment in Canadian mineral exploration, potentially expanding critical mineral resources in the region.
LaFleur Minerals acquired the McKenzie East Gold Project, expanding its Val-d'Or portfolio while advancing aggressive drilling at the Swanson Gold Project. This acquisition strategy matters to mining investors as it consolidates assets in the established Val-d'Or mining district, potentially creating operational synergies and resource scalability.
Sego Resources Inc. (TSXV: SGZ) has commenced a 2000-meter drill program in the Southern Gold Area and Quintana Zone. This exploration activity represents continued investment in gold resource development despite market uncertainties.
QIMC plans to begin drilling DDH-26-03 on April 21, 2026, expanding depth to 900 meters while extending DDH-26-02 to 700 meters to target hydrogen-bearing intervals across Domains 4-6. This deeper exploration strategy indicates potential for expanded hydrogen resource estimates that could impact clean energy supply chains.
Allied Critical intersected over 200 metres of tungsten mineralization at Portugal's Venise target during initial drilling. This discovery is significant for investors as tungsten is a critical mineral essential for electronics, aerospace, and defense applications with limited global supply sources.
Vizsla's drilling program has extended the Poplar copper system in British Columbia, located in a 470 square kilometer area near Imperial Metals' Huckleberry copper mine. This expansion of known copper resources in an established mining district could enhance future copper production capacity in a region with existing mining infrastructure.
Freegold discovered 11.5 g/t gold over 29.5 meters at Golden Summit, with broader mineralization of 2.44 g/t gold over 216.4 meters. This matters to investors as these high-grade results indicate significant economic potential and could attract major mining companies for acquisition or partnership.
Pirate Gold Corp. (TSXV: YARR; OTCQB: SICNF) began drilling at the Crippleback Lake target within its Treasure Island Project in Newfoundland. This exploration activity represents potential new gold resource development in Canada's mining sector.
Fitzroy Minerals Inc. (FTZ-TSXV, FTZFF-OTCQ, C3Y-FSE) shares advanced following the release of Chilean copper drilling results. This market response indicates positive investor sentiment toward the company's copper exploration progress.
West Point Gold identified a new shallow gold zone at its Arizona Gold Chain Project through recent drilling intersections. The discovery expands the project's resource potential in a favorable mining jurisdiction.
QIMC completed the first hole of a five-hole drilling program at its West-Advocate Natural Hydrogen Project in Nova Scotia, applying their proprietary R2G2 exploration model. Natural hydrogen represents a potential clean energy source with growing commercial interest.
Spanish Mountain Gold reports significant drilling results with 116.80 metres of 1.20 g/t gold within a larger 282.50-metre interval grading 0.70 g/t gold. These results indicate substantial gold mineralization that could support future production and investment.