Latest news with #TDEM
Cision Canada
6 days ago
- Business
- Cision Canada
2025 EXPLORATION PROGRAM BEGUN AT BLUE LAKE PROJECT IN QUEBEC, NEW AIRBORNE GEOPHYSICAL SURVEY STARTED
The field team is made up of members of CUPANI with support from Kintavar Exploration Inc. The Retty camp, located at the center of the property, is used as the base camp for the season. CUPANI contracted Expert Geophysics Surveys Inc. to conduct a heliborne magnetic-electromagnetic survey (TDEM). The survey will cover most of the main claim block comprising the historical showings and the Blue Lake zone deposits to extend and update the coverage of the 2010-2011 surveys. This new survey will provide high quality data on a day-to-day basis to the field crew for target verification and subsequently for geophysical modelling in preparation of next winters drilling. The survey is planned for 5313 line-km and covers claims recently added to the Extensions Zone. Expert Geophysics Surveys Inc are currently onsite having started the survey on July 17. Figure 1 shows the planned geophysics flight lines. Figure 2: Photograph showing the geophysics array slung under a helicopter. Figure 3: Map showing the extent of Cupani's property consisting of 682 square kilometers [264 square miles] across 1390 claim blocks. The property is divided into 5 zones comprising the Blue Lake project. Each zone is described below, in order of exploration advancement. Blue Lake zone Historical deposits of Copper-Nickel-Platinum-Palladium sulphide mineralization were discovered and outlined in the Blue Lake zone between the 1950's and 1980's through drilling and underground exploration via an adit at Blue Lake. Previous operators reported historical resources of 4.37 million tonnes (metric) at 0.87% Cu, 0.52% Ni and 0.84g/t Pt+Pd for 2.28% copper equivalent (not NI 43-101 compliant). Most of the mineralized zones are still open along strike and at depth. Several new similar targets were identified from the 2024 ground gravity survey over the Blue Lake zone. Anticline Lake zone Rusty outcrops and mineralization is observed over more than 25 kilometres strike length in the Anticline Lake zone. In 2024, grab samples taken from the historical showings and along their extensions yielded values between 0.1 and 0.5% Cu with Ni and PGEs values up to 0.3% Ni and 0.5 g/t PGEs. The results in copper equivalencies range up to 1.1% Cu-Equi. Being less explored and drilled than the Blue Lake zone, the Anticline Lake zone has good potential of finding enriched massive sulphides lenses. Cancun zone The mineralized rocks in the Cancun zone are mostly hidden under soil and vegetation cover of less than 1 meter depth. Local small manmade trenches were dug to expose and sample the bedrock mineralization. Copper mineralization was identified in massive to semi-massive sulphides and traced for over more than 9 kilometres along strike. The mineralisation is coincident with electromagnetic anomalies along the southern fold hinge. Cancun zone grab samples yielded values between 0.1 and 0.6% Cu-Equi., with one sample up to 1% Cu. Additionally, a grab sample taken on the eastern limb of the fold returned a gold value of 1.93 g/t Au, which needs further investigation. Moreover, where a NE trending regional fault crosscuts the Cancun fold mineralization was identified over 150-metre strike length. This returned the highest copper value of the 2024 program, namely 0.9% Cu from one sample. That find is coincident with an electromagnetic anomaly in the area where several anomalies are yet to be investigated. Doublet and Extension zones Both zones were staked in summer 2024 based upon prospective peridotite sills, and high copper concentrations in lake bottom sediment samples reported by the Quebec government. The Doublet zone includes several historical showings of copper-nickel that will be investigated in 2025. Scientific and technical information contained in this news release has been reviewed and approved by Pierre-Luc Lalonde who is a "qualified person" under NI 43-101 for Blue Lake project in Québec (OGQ permit 01920). About CUPANI CUPANI Metals Corp. provides shareholders with long-term capital growth exposure by investing in mineral exploration properties. The Company is listed on the CSE under the symbol "CUPA". To learn more about the Company please visit NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE " U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER OR SALE OF SECURITIES IN THE UNITED STATES. Forward-Looking Information Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 – Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may also be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the proposed use of proceeds of the Offering and the exploration opportunity related to the Report, among others. All forward-looking information contained in this press release is given as of the date hereof, and is based on the opinions and estimates of management and information available to management as of the date hereof. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding commodity prices, market conditions, availability of financing to the Company on acceptable terms, general economic factors, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws.
Sydney Morning Herald
6 days ago
- Business
- Sydney Morning Herald
Infini finds major uranium indicators in Canada's Athabasca Basin
Infini Resources will further explore major bedrock conductors indicating shallow uranium mineralisation, which it identified using airborne geophysics at the company's Reynolds Lake project in Canada's renowned Athabasca Basin. The encouraging results were obtained from a recent high-resolution airborne time-domain electromagnetic survey at Reynolds Lake, which covered 1100 line kilometres. This first modern airborne EM study on the site since the 1970s has identified significant bedrock conductors, including two more than 10 kilometres long in the southern project area. The conductors align with magnetic lows and uranium radiometric anomalies and indicate potential for shallow, unconformity-style uranium mineralisation near the margin of the Athabasca Basin, a region recognised globally for its high-grade uranium deposits. Interpreted by geophysicists Resource Potentials, the TDEM data reveals vertically dipping conductors at depths as shallow as 20 metres below surface. Most of the newly identified targets have not been subject to any modern exploration. 'The identification of major EM conductors in an historically underexplored region located on the outboard edge of the Athabasca Basin is highly significant.' Infini Resources chief executive officer Rohan Bone Significantly, the 20m depth is shallower than typical Athabasca Basin uranium deposits such as Cameco Corporation's Cigar Lake, 480m below surface, or McArthur River at 530m depth. The company's radiometric data reinforces the prospect of near-surface uranium mineralisation. The shallow setting will help Infini's exploration efforts, including by significantly reducing its costs.
The Age
6 days ago
- Business
- The Age
Infini finds major uranium indicators in Canada's Athabasca Basin
Infini Resources will further explore major bedrock conductors indicating shallow uranium mineralisation, which it identified using airborne geophysics at the company's Reynolds Lake project in Canada's renowned Athabasca Basin. The encouraging results were obtained from a recent high-resolution airborne time-domain electromagnetic survey at Reynolds Lake, which covered 1100 line kilometres. This first modern airborne EM study on the site since the 1970s has identified significant bedrock conductors, including two more than 10 kilometres long in the southern project area. The conductors align with magnetic lows and uranium radiometric anomalies and indicate potential for shallow, unconformity-style uranium mineralisation near the margin of the Athabasca Basin, a region recognised globally for its high-grade uranium deposits. Interpreted by geophysicists Resource Potentials, the TDEM data reveals vertically dipping conductors at depths as shallow as 20 metres below surface. Most of the newly identified targets have not been subject to any modern exploration. 'The identification of major EM conductors in an historically underexplored region located on the outboard edge of the Athabasca Basin is highly significant.' Infini Resources chief executive officer Rohan Bone Significantly, the 20m depth is shallower than typical Athabasca Basin uranium deposits such as Cameco Corporation's Cigar Lake, 480m below surface, or McArthur River at 530m depth. The company's radiometric data reinforces the prospect of near-surface uranium mineralisation. The shallow setting will help Infini's exploration efforts, including by significantly reducing its costs.
West Australian
6 days ago
- Business
- West Australian
Infini finds major uranium indicators in Canada's Athabasca Basin
Infini Resources will further explore major bedrock conductors indicating shallow uranium mineralisation, which it identified using airborne geophysics at the company's Reynolds Lake project in Canada's renowned Athabasca Basin. The encouraging results were obtained from a recent high-resolution airborne time-domain electromagnetic survey at Reynolds Lake, which covered 1100 line kilometres. This first modern airborne EM study on the site since the 1970s has identified significant bedrock conductors, including two more than 10 kilometres long in the southern project area. The conductors align with magnetic lows and uranium radiometric anomalies and indicate potential for shallow, unconformity-style uranium mineralisation near the margin of the Athabasca Basin, a region recognised globally for its high-grade uranium deposits. Interpreted by geophysicists Resource Potentials, the TDEM data reveals vertically dipping conductors at depths as shallow as 20 metres below surface. Most of the newly identified targets have not been subject to any modern exploration. Significantly, the 20m depth is shallower than typical Athabasca Basin uranium deposits such as Cameco Corporation's Cigar Lake, 480m below surface, or McArthur River at 530m depth. The company's radiometric data reinforces the prospect of near-surface uranium mineralisation. The shallow setting will help Infini's exploration efforts, including by significantly reducing its costs. The conductors indicate graphitic meta-pelitic rocks near the Needle Falls Shear Zone, which are critical for uranium precipitation. Those rock types originate from the transformation of clay-rich sedimentary rocks such as shales and mudstones. Bone said the coincidence of key geophysical markers across multiple large-scale anomalies reinforces the prospectivity for unconformity-style uranium mineralisation and the shallow potentially outcropping anomalies could be efficiently and quickly explored. The 386-square-kilometre Reynolds Lake project straddles the Wollaston and Peter Lake geological domains, where conditions favour unconformity-type deposits. The project is on an outcropping interface of key geological domains, and is underlain by Archean felsic gneisses and Lower Proterozoic metamorphic rocks, including graphitic schists, which favour the project hosting uranium. Infini is advancing a systematic exploration strategy, using modern technologies to unlock the value of its Reynolds Lake prospect. The company is integrating its TDEM results into a comprehensive desktop study combining geophysical, geochemical and mapping data to identify high-priority and walk-up targets for its next exploration phase. The study is nearing completion and will guide an upcoming field campaign involving prospecting, rock geochemical sampling and mapping to further evaluate the project's potential. The shallow targets and strong geological indicators at Reynolds Lake make it a standout asset for future development. With its desktop study set to conclude, Infini Resources is poised to transition to field exploration and build on its initial encouraging results. The Australian energy metals company is focused on Canada and Western Australia, where it is targeting uranium and lithium across a diversified portfolio of greenfield and brownfield projects. Its keen approach and strategic asset base offer a promising path forward in a potentially accelerating uranium exploration space. Is your ASX-listed company doing something interesting? Contact:
The Hill
7 days ago
- Politics
- The Hill
Texas flooding unpredictable, unmanageable, state emergency management chief says
The flood disaster that struck Texas over Independence Day weekend was beyond the state's ability to predict or fully manage, the state emergency management chief told the legislature on Wednesday. 'People are going to ask, 'Well, what did you know that nobody else knew?'' Nim Kidd, head of the Texas Department of Emergency Management (TDEM), told the state's Select Committees on Disaster Preparedness and Flooding during a special session, after weeks of state and national criticism of the disaster response. His agency, Kidd said, 'didn't know anything that nobody else knew. The science is just not there yet.' The committee hearing was held in the wake of the disaster that killed 135 Texans across more than two dozen counties, and in his opening remarks, chair and state Sen. Charles Perry (R) set the parameters of the state's investigation. The committee, he said, 'will not armchair quarterback or attempt to assign blame. To do so and undermine the very goal in the committee's creation.' Instead, he said, 'the goal of our committee is to find constructive policy solutions' to head off future loss of life. That disclaimer came amid a storm of criticism of the local, state and federal response to the disaster, which ultimately killed 135 Texans across more than two dozen counties. Despite early allegations from TDEM that federal forecasts were inaccurate, current and former NWS forecasters have repeatedly argued that the state had enough information to know a disastrous storm was emerging over Central Texas. And while Texas state officials such as Kidd and Gov. Greg Abbott (R) have repeatedly praised the response of the federal government, the Trump administration is under fire too after a series of articles in national media indicated that deep cuts to staff at the Federal Department of Emergency Management and a new process requiring approval for every expenditure over $100,000 — in an agency that routinely deals in the billions — had slowed down both rescues and aid. Those cuts also led to the departure of regional NWS officials — such as the Austin-based 'warning coordinator' who took early retirement in April — specifically charged with making sure local officials are kept abreast of developing threats. Texas Democrats including Rep. Joaquin Castro have argued these cuts could play a role in the confused situation on the ground in Kerr County, where officials took until more than an hour and a half after floods reached 'emergency' levels to send out cell-phone notifications. Climate change is prompting a significant rise in deadly natural disasters, but the panel opened with the assumption that the flooding was more like a one-off. Perry, describing a 9-mile high rain cloud pouring off a million gallons per minute onto the spiderweb of creeks and ravines across Central Texas, called it a '500 year-plus event.' The 'freak' nature of the disaster — a fast-emerging 'rain bomb' condensing over the Hill Country out of the churning remnants of Tropical Storm Barry — made it 'an absolute perfect storm,' KHOU meteorologist Pat Hammond said in a video Perry played for the committee. 'We need to we also should have a deliberate conversation about the credentialing of emergency managers at the local level.' The problem with such a storm, Hammond said, is that it 'really pushes the science of meteorology to the limit. We are not at a point yet where we can pinpoint exactly where these other storms are going to pop up and where that flooding is going to happen.' That ambiguity, he added, meant there was no way to identify where individual flash flooding can happen 'pretty much until it's starting to happen.' That's an area the National Oceanic and Atmospheric Association has been working on through the Severe Storms Laboratory (SSL) — and that President Trump's budget request would cut, former SSL head of research Alan Gerard told The Hill. On the chopping block, Gerard said, are programs to develop tolls that 'would let us tell a community three to six hours in advance that there's a high probability of the type of intense rainfall that will cause a significant flash flood.' As things were, Kidd told the committee, his department knew enough to pre-position resources but it was caught stretched over an area the size of Indiana, waiting for a disaster that ended up being far more localized. As of the day before the disaster, Kidd said, 'We had no idea where rain would fall, but we knew that there was moisture in the atmosphere throughout Thursday.' In a beat-by-beat recounting of National Weather Service (NWS) updates, Kidd said that the warnings his team received did not coalesce into a flash flood warning until 1:15 the morning of the floods, or a flash flood emergency — the highest level — until 4:45 a.m. 'At 5:56, I personally got the first report of people trapped on roofs,' Kidd told the committee. 'We all know what happened after that.' Three hours of lead time is unusually good for a flash flood — twice what many jurisdictions get, former NWS forecaster Brian LaMarre told The Hill, though he emphasized that the fact that the warnings came overnight played a big role in the ultimate disaster. Once the scale of the disaster became clear, Kidd said, the department was swamped by the response. At the height, he told the committee, the state had 2,700 employees on the ground — and more than six times as many volunteers, a number that swamped the ability of the state to manage them. During the response, he said that he found clear areas of literal communication breakdown: the San Antonio Fire Department's radios didn't work, 'so they had some really cheap Chinese radios they were talking to each other on. Ultimate authority in the crisis, he added, had rested with local officials. 'I always say we are responsible — we are not in charge. The responsibility of being in charge rests with local officials.' With that in mind, Kidd said, the state 'also should have a deliberate conversation about the credentialing of emergency managers at the local level.' Under statute, he said, those officials can be 'whoever the county judge, whoever the mayor appoints,' regardless of their experience. 'We're better than that,' he said.
