Drill Program
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Sorrento Resources Ltd. Updates on Bottom Brook Drill Program in Newfoundland
Sorrento Resources Ltd. has updated its Bottom Brook drill program, revealing promising geological insights. The company noted lithologies and alteration patterns consistent with hydrothermal systems, indicating potential for significant mineral deposits. This detailed analysis of host rocks, intrusives, and structural controls guides exploration and builds confidence in the project’s prospectivity, even as investors await assay results for economic viability.
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A2GOLD KICKS OFF 30,000-METER DRILL PROGRAM AT EASTSIDE GOLD-SILVER PROJECT
A2Gold Corp. has launched an ambitious 30,000-meter drilling program at its Eastside Gold Project in Nevada, significantly expanding from its initial plan. This extensive campaign aims to grow the project’s inferred resource of 1.4 million gold ounces, test new targets, and enhance resource confidence. With mineralization open in all directions and a strong financial position, A2Gold is positioned for year-round exploration, targeting both known deposits and unexplored areas within the district-scale asset.
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Trident Strikes High-Grade Gold Below Historic Infrastructure at Contact Lake
Trident Resources reports encouraging gold intercepts at Contact Lake, extending mineralization below historical mine depths. Their 2025 program revealed significant gold grades and widths, with a new 10,000-meter drill program underway to further explore this deep potential. This initiative underscores confidence in the project’s capacity to become a major high-grade gold deposit.
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Focus Graphite Reports Final 2022 Drill Results from Lac Tétépisca, Extending West Limb Mineralization to 8 km
Focus Graphite’s Lac Tetepisca Project has completed its 2022 drill program, extending graphite mineralization to 8 km. Final assay results will inform an updated Mineral Resource Estimate in Q1 2026, crucial for metallurgical testing and development. This project is poised to contribute significantly to North America’s graphite supply chain amidst rising global demand for electric vehicle batteries.
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CanAlaska Exploration Update: West McArthur Geophysical Survey Results
CanAlaska Uranium announced positive results from its 2025 geophysical survey at the West McArthur project, extending the C10/C10S corridor to 16km. The survey delineated multiple conductor plates, improving drill targeting. A $15M exploration budget for 2026, a 20% increase, will fund an early January drilling program using three rigs. While significant potential exists, 10km of the corridor remain untested. Option agreements with Bayridge and Paradigm were terminated, focusing CanAlaska on its uranium assets.
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Formation Metals Upsizes LIFE Offering and Private Placement to $8.6 Million
Formation Metals (FOMTF) announced an upsized C$8.6M financing via LIFE units and a flow-through private placement to advance its N2 Gold Project in Quebec. The funding will increase working capital to ~$13M and the exploration budget to ~$8.5M+, supporting a 20,000-meter drill program. Phase 1, already underway, targets the “A” and “RJ” zones. The offering involves potential dilution and a hold period for flow-through shares. The N2 Gold Project boasts a historical resource of ~870,000 ounces with multiple zones open for expansion.
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Formation Metals Boosts Maiden Drill Program at Advanced N2 Gold Project to 7,500 Fully Funded Metres
Formation Metals is expanding its maiden drill program at the N2 Gold Project in Quebec to 7,500 meters. The program, starting in July, targets previously identified gold zones and aims to discover new mineralized trends across the advanced project, which holds a historical resource of approximately 870,000 ounces. The company also notes significant base metal potential at the N2 property.
