drilling program

Neotech Metals (NTMFF) has begun its maiden drilling program at its 100%-owned TREO project in British Columbia’s Wicheeda Rare Earth District. The program targets high-priority zones identified by previous sampling, which yielded up to 28.97% TREO and 2.91% Nb₂O₅. Drilling aims to assess mineralized pathways and their relation to Defense Metals’ Wicheeda deposit. This marks a critical step in exploring the area’s resource potential.

First Andes Silver (TSXV: FAS, OTC: MSLVF) completed the first tranche of a non-brokered private placement, raising $1.017 million CAD. They issued 10,170,000 units at $0.10 CAD each, including warrants exercisable at $0.15 CAD. Proceeds will fund drilling at the Santas Gloria silver property and working capital. The company paid finder’s fees and issued warrants. Securities have a four-month resale restriction. A second tranche is expected to close soon, pending TSX Venture Exchange approval.

Makenita Resources (KENYF) is set to begin its maiden drilling program at the Hector Silver Project in British Columbia. The program, focusing on silver and cobalt targets, will test geological models based on historical data and recent fieldwork, including the Block 9 silver anomaly and the South Keora shaft. The company aims to validate historical mineralization reported on the property and unlock exploration potential. Past results from the area do not automatically indicate potential for the company’s land, cautioning readers to consider previous data carefully.

Barton Gold is prioritizing silver exploration at the Tolmer discovery in South Australia, following promising initial drilling results in the western “silver zone.” The company has shifted focus, expanding silver zone drilling and planning follow-up programs after reallocating resources from planned gold exploration. High-grade silver intercepts of up to 4,747 g/t Ag have been encountered.

Goliath Resources is launching a large-scale, 40,000-meter drilling program at its Surebet gold discovery in British Columbia’s Golden Triangle. Following promising 2024 results showcasing high-grade gold, the company will utilize nine rigs to target the Motherlode, explore untested dykes, and expand known mineralized veins. The project benefits from exceptional gold recoveries, property expansion, and strategic tidewater access.