Articles for tag: Copper, drill, expected, Gaspé, Metals, Osisko, results

April 23, 2025

Ron Finklestien

mining

Osisko Metals Reports Encouraging Copper Drill Results in Gaspé

Osisko Metals Reports Positive Drilling Results at Gaspé Copper Project Osisko Metals (TSX: OM) has announced that initial drilling results from its Gaspé copper project in eastern Quebec have exceeded expectations, leading to a notable increase in share price. According to CEO Robert Wares, all five drilling holes from the past three months encountered significant disseminated mineralization within the defined area of the company’s 2024 resource estimate. Furthermore, the new mineralization detected occurs at depths below the existing 2024 estimate. Osisko’s strategy involves expanding the resource at the Gaspé copper system while exploring the potential to reopen the former Noranda

April 21, 2025

Ron Finklestien

mining

Newcore Gold Expands Drill Program for Enchi Resource Upgrade, According to CEO Insights from PDAC Video

Newcore Gold Expands Drilling Program and Prepares for Major Resource Upgrade Newcore Gold (TSXV: NCAU; OTCQX: NCAUF) has significantly expanded its drilling efforts to 35,000 metres at the Enchi gold project in Ghana, as reported by CEO Luke Alexander in a recent video interview. This increase aims to bolster the company’s resource base and valuation. During the Prospectors and Developers Association of Canada’s annual event, Alexander noted that upgrading and expanding resources could positively impact the company’s overall valuation. He aims to complete a prefeasibility study by mid-2026, which may provide a clearer picture of the project’s potential. “A lot

April 26, 2024

Ron Finklestien

mining

Alpha drill results expand gold zones at Kerkasha project in Eritrea

Alpha has completed its first stage of more than 6,000 metres in a 20,000-metre drilling program at the site 135 km from Asmara, the capital of the northeast African country. The drilling was designed to test mineralization down plunge of the current mineralized lenses at Aburna, the company said in a release. “Drill hole ABD113 in the Northeast area has further confirmed the plunging high grade mineralized orientation at Aburna, extending the principal shoot down plunge,” president and CEO Michael Hopley said in Friday’s release. “The company is now well funded to accelerate exploration on the Aburna gold prospect as

February 5, 2024

Ron Finklestien

mining

Cornish Metals shares rise on new drill results from tin project in Cornwall

Cornish Metals Reports Positive Results From Tin Project in Cornwall Significant Tin Intercepts Unveiled The tectonic plates of the financial market jolted today as Cornish Metals Inc. unveiled sensational drill results from its tin project at the South Crofty mine in Cornwall. All six drillholes have intersected the Wide Formation lode structure, echoing the historical tin-bearing structures in the region. The confirmation of the Wide Formation structure over a substantial strike length of 1.6km and a downdip extension of 525m has sent ripples of excitement throughout the industry. Notably, the company reported substantial tin intercepts, such as 1.21m grading 0.87%