Latest news with #geochemical
Globe and Mail
6 days ago
- Business
- Globe and Mail
Integral Metals Announces Start of High-Resolution Soil Sampling Program at the KAP Project
CALGARY, Alberta, May 29, 2025 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | OTC: ITGLF | FSE: ZK9) (the 'Company' or 'Integral') is pleased to announce that the Phase 2 soil sampling program has officially commenced at the Company's 100%-owned KAP Project, located in the Northwest Territories. This program builds upon the previously announced plans for expanded geochemical work (see news release dated May 14, 2025), with field crews now active on site and systematically collecting soil samples over the finalized grid. The Phase 2 exploration program will include approximately 2,100 soil samples collected on a 30-meter by 30-meter grid, with tighter sample spacing than previously proposed. This increased resolution is designed to improve the definition of geochemical anomalies surrounding the Main Zone, the primary showing on the property and a key focus of current exploration efforts. 'Our objective with this program is to refine and delineate the geochemical footprint of the Main Zone,' said Paul Sparkes, CEO of Integral Metals. 'With this tighter sampling grid, we expect to see enhanced contrast in any pathfinder or target element anomalies, which will directly inform drill targeting and structural interpretations later this season.' Figure 1 presents the final grid layout, has been designed to cover the area surrounding the Main Zone, incorporating both historical soil anomalies and recently identified gravity features. Sample collection is expected to be completed within two weeks, weather permitting. Figure 1 - Finalized sampling plan at the Main Showing on the KAP property. The Phase 2 program follows a successful Phase 1 field season, which included retrieving historical drill core, spotting historical drill collars, reconnaissance rock sampling, and reprocessing historical gravity survey data. Those results provided the foundation for this focused follow-up effort. The KAP Project is prospective for MVT-style lead-zinc mineralization enriched with gallium and germanium, hosted beneath shallow overburden, and represents one of the Company's core exploration priorities for 2025. On Behalf of the Board Directors Paul Sparkes Chief Executive Officer 825-414-3163 info@ ABOUT INTEGRAL METALS CORP. Integral is an exploration stage company, engaged in the business of mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, with the goal of contributing to the development of a domestic supply chain for these minerals. Integral holds properties in mining-friendly jurisdictions in Canada and the United States of America, including the Northwest Territories, Manitoba and Montana, where it has received regulatory support for its exploration efforts. Forward-Looking Information Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words 'could', 'intend', 'expect', 'believe', 'will', 'projected', 'estimated' and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the Company's future plans and prospects. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, including, in respect of the forward-looking information included in this press release, assumptions regarding the future plans and strategies of the Company. Although forward-looking information is based on the reasonable assumptions of the Company's management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among other things, the risk that the Company's business prospects and priorities may change, whether as a result of unexpected events, general market and economic conditions or as a result of the Company's future exploration efforts, and that any such change may result in a re-deployment of the Company's resources and efforts in a manner divergent from the Company's current business plan or strategy. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
The Australian
13-05-2025
- Business
- The Australian
CDR prepares to drill test Bull Run Au-Cu-Mo targets
Codrus Minerals' Interpretation of IP survey reveals multiple new anomalies at Bull Run Anomalies coincide with strong geochemical results New targets coincide with high-grade rock chip results, up to 60 g/t gold, 1.5pc copper and 2.5pc molybdenum Special Report: With gold prices still firmly above US$3000 an ounce, Codrus Minerals is keen to put drill bit to ground to test several new IP anomalies that overlap with promising geochemical and rock chip results. Codrus Minerals (ASX:CDR)has identified several new drilling targets at the Bull Run project in Oregon, US, that stretch over areas of up to 400m by 400m. The company has highlighted six distinct zones with the interpretation of induced polarisation (IP) survey data, with a particular emphasis on the Eldorado and Lady May zones. IP targets at the Bull Run project. Pic: Codrus Minerals These target areas overlap with previously collected rock chip results of up to 28 g/t gold and 1.5% copper at Eldorado, and 60 g/t gold and 2.5% molybdenum at Lady May. Several IP zones also coincide with high-priority copper geochemical targets, adding to the evidence of potential mineralisation. Exploration across the project has demonstrated its prospectivity, with soil sampling demonstrating peak grades of up to 27 g/t gold in localised areas and rock sampling grading up to 1040 g/t gold. The company says between the soil and rock chip results, there are five priority gold targets of up to 500m in strike extent which are available to be tested by permitted drilling. Bull Run gold project Bull Run sits within 5km of the town of Unity in Baker County, eastern Oregon. The project area covers 102 claims, of which Codrus wholly owns 91, and is party to a record mine option agreement for a further 11. The area has been mined for gold intermittently since 1929, in an area featuring extensive porphyry-style hydrothermal alteration and mineralisation, including copper, molybdenum, gold and silver. The project sits within the Ironside Mountain Inlier, where ultramafic-mafic and sedimentary rocks are intruded by the Grouse Creek and Bull Run granodiorites, along with various andesitic and dacite dykes. The nearby Grassy Mountain project holds a mineral resource of 1 million ounces of gold and 3 million ounces of silver, while the Cracker Creek mine to the north has produced more than 400,000 ounces of gold in its lifetime and holds about 300,000 more. 'A robust mineralising system' Codrus executive chairman Greg Bandy said the integrated interpretation of recent geophysical and geochemical programs have delivered a major step forward in unlocking the potential of the Bull Run project. 'The scale and intensity of the IP anomalies, combined with the impressive rock chip results, strongly support the presence of a robust mineralising system,' Bandy said. 'These findings have generated high-priority targets that we are excited to drill test in the near term as we continue to build momentum at Bull Run." Bandy also told Stockhead that Codrus would now be looking to immediately sign a contract for the rig and that if all goes well, will be drilling before month's end. This article was developed in collaboration with Codrus Minerals, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
