
November 12, 2023
Comet Vale groundwork begins while the Menzies area experiences thriving gold and lithium exploration
Labyrinth Resources Limited (ASX: LRL) (‘Labyrinth’ or ‘the Company’) has completed preliminary mapping and sampling at its Comet Vale gold project in Western Australia (‘the Project’).
- Reconnaissance trip a solid start to Comet Vale ground exploration program
- 35 rock chip samples of prospective mafic/ultramafic rocks and pegmatites were taken from Comet Vale tenements
- Samples are being assayed with results expected in 2-3 weeks
- Historic magnetics and radiometric data has been acquired and reprocessed to aid in mapping gold bearing structures and prospective geology
- Radiometric data (TC) showed several anomalies and previously unknown structures
- Soil sampling program has started on western side of tenement package
The reconnaissance program has renewed interest in the historically overlooked multi- commodity prospectivity of the Comet Vale project. Reconnaissance samples are at the laboratory undergoing analysis and results are expected in 2-3 weeks (samples shown in Figure 1 and Figure 2). Recently acquired radiometric data (U, Th and Total Count or “TC”) showed numerous unexplained anomalies (Figure 3). Pegmatite samples collected were coincident with these anomalies, though the radiometrics could be indicating alteration, variation in intrusives (more specifically fractionation) and faults.
These findings initiated a gridded soil sampling program. The soils will be assayed for Lithium (Li), Caesium (Cs), Tantalum (Ta) and other Rare Earth Elements whereas historical programs have focused on gold and some indicator elements for base metals. The soil samples will help to explain the geophysical anomalies.
CEO Jennifer Neild explained, “We’re fortunate at Comet Vale to have such a richly prospective tenement package for multiple commodities.
This does mean going back to basics and soil sampling programs are a great way to vector in on prospective intrusions, structures and in the best case, mineralisation.
With the recent joint venture activity proximal to Comet Vale focused on lithium, Labyrinth has been identified as highly prospective tenure both internally and externally.”
Figure 1. Pegmatites in hand sample and in the field.
The reconnaissance work also confirms historic positions of copper (Cu) (Figure 2) and nickel (Ni) laterite mineralisation and prospective geology. The work noted more detailed variation in ultramafic intrusions, possibly explaining some anomalism seen in geophysical data. Finding evidence to explain geochemical and geophysical variance narrows is key to narrowing down targets.
Figure 2. Copper minerals including bornite, chalcopyrite, azurite and malachite from Long Tunnel Prospect.
Figure 3. Total Count (total gamma radiation emitted) attributed to potassium (K), thorium (Th) and uranium (U) over a regional dataset. Goldfields Highway through the middle of the map. Infrastructure and salt lakes need to be considered. Map in MGA GDA 94 z51.
Figure 4. Geology overlain with aerial imagery, showing position of mine, sample locations and important structural trends MGA GDA z51.
Soil sampling was already in the planning stages when Ora Banda Mining Ltd (‘OBM’) signed a Joint Venture agreement with Wesfarmers Limited’s (‘WesCEF’) exploration subsidiary Brenahan Exploration Pty Ltd (‘BEPL’)1 lending credence to Labyrinth’s interpretation of the regional lithology (Figure 5). The recent exploration activity has involved thoroughly assessing the complete mineral potential through targeting exercises of Comet Vale.
Indicator elements will assist in understanding the fractionation of intrusives and make sense of the radiometric anomalies. Radiometric surveys can detect the intensity of gamma rays of particular elements like K, Th and U. The TC refers to the total gamma rays emitted and might indicate the partitioning of elements within granitic melts, potentially a helpful tool in detecting compositional changes in intrusions.
Background
Gold occurrences across the ground produced many ounces of gold in small scale operations over the last 120 years. Long Tunnel-Lake View and Coonega trends (ENE-WSW) have been thought to be minor trends, but the structure can be delineated across the region in the magnetics. Other N-S trends such as the Rambo Trend, east of Comet Vale also remain interesting with historic drillholes now digitised and confirm mineralisation (Figure 4).
Click here for the full ASX Release
This article includes content from Labyrinth Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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31 August 2023
Labyrinth Resources
Overview
Gold is a long-time favorite store-of-value asset to hedge against global turmoil. Investors have several ways to invest in the precious metal, whether buying bullion, investing in gold ETFs, or buying stock in mining companies. While there are gold deposits worldwide, Australia and Canada remain strong producers of the metal, ranking as the world’s second and fifth-largest gold producers, respectively.
Labyrinth Resources (ASX:LRL) is a junior mining company with underexplored gold assets in tier 1 jurisdictions of Quebec and Western Australia, including the Labyrinth Gold project located in the heart of the Abitibi Gold Belt. The asset has not received significant exploration or development attention for more than 15 years, creating tremendous upside potential.
Labyrinth Resources is exploring its Comet Vale property in Western Australia, which has historically produced over 180,000 ounces (oz) of gold with mining only going to a 250-meter depth. Multiple gold mineralized trends are present across the tenure as well as significant nickel and copper anomalies that have not been followed up. Recent work done by Ardea Resources (ASX:ARL) shows the project is prospective for significant Lithium-Caesium-Tantalum (LCT) pegmatites. The Walter Williams formation hosts Ardea’s KNP containing 854Mt at 0.71 percent nickel (Ni) and 0.045 percent copper (Co). High-grade Ni laterite intersections with proximal high Cu rock chips suggest there is nickel sulphide potential on the Comet Vale property.The Labyrinth Gold project has an inferred mineral resource of 3 million tons (Mt) @ 5 g/t for 500,000 oz (at 3 g/t.m cut-off) with a notable high-grade component of 150,000 oz @ 10 g/t (above 6 g/t cut-off) and high grades of up to 62.5 g/t and widths up to 16 meters received across five individual lodes from maiden drilling. In 2022, Labyrinth announced outstanding metallurgical results from its comprehensive test work which demonstrate a clear, efficient processing pathway for its 500,000 oz Labyrinth Gold project. The company achieved an outstanding recovery through the gravity/flotation flowsheet, returning a low mass pull, high value 96 g/t gold concentrate at 97.3 percent recovery.
Labyrinth also completed a surface diamond drilling campaign at the Denain gold prospect, with a total of 4,018 meters drilled from 22 holes. The company has received all assays which confirmed the presence of two high-grade gold veins with associated copper that remain open in all directions. In December 2022, Labyrinth commenced an extensive exploration campaign at its Comet Vale Gold-Copper-Nickel project in Western Australia. The program is the first genuine surface exploration undertaken at Comet Vale in 15 years.
The company is well-positioned to acquire 100 percent ownership of the Labyrinth Gold Project from G.E.T.T Gold (TSXV:GETT). The final installment of the revised agreement is due for payment on September 29, 2023.
The company has an experienced, lean management team with a record of success in the natural resources industry. The team comprises mine engineering, geology, corporate administration, and international law experts, building confidence in Labyrinth’s ability to capitalize on its promising assets. In a current global environment desperate for genuine underground operational expertise, the Labyrinth team possesses the required skill set to leverage into value-accretive operating mine opportunities.
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Developing underexplored gold assets in the prolific Canadian Abitibi Gold Belt and the Yilgarn Craton of Western Australia.
1h
Zeus Resources Limited
Investor Insight
With a targeted, execution-driven strategy, Zeus Resources is positioning itself as an emerging critical minerals explorer with a compelling investment story that leverages a strengthening antimony market and a clear path from discovery to production.
Overview
Zeus Resources (ASX:ZEU,FSE: ZEU) is a dynamic mineral exploration company focused on discovering and advancing early-stage, high-grade critical mineral assets in underexplored jurisdictions. Its primary strategic focus is the 100-percent-owned Casablanca antimony project in Morocco. The company also has exploration interests in uranium, lithium and rare earth elements in Australia.
Antimony, the company’s lead commodity, is designated as a critical mineral by the US, EU, Japan and Australia due to its essential role in defence, energy storage, electronics and renewable technologies. Global supply is heavily concentrated, with more than 60 percent of production originating from China and Russia and limited processing capacity outside China.
This current dynamic makes Morocco’s potential as a secure, alternative source strategically and economically important.
With Europe’s industrial and defence supply chains as its target, Zeus is leveraging Morocco’s efficient permitting environment to fast-track development. In July 2025, the company completed its acquisition of Casablanca and quickly initiated a high-resolution geophysics program. The company aims to move from reconnaissance to drilling within months to capitalise on record-high antimony prices and tightening Western supply chains. The Casablanca project represents one of the rare high-grade antimony exposures outside China.
In parallel, Zeus has strengthened its Moroccan strategy through a five-year non-exclusive license agreement with Newmont, covering its Morocco exploration database and regional framework study across the Anti-Atlas and Central Meseta regions. The database provides integrated geochemical, geophysical and structural datasets, giving Zeus a competitive advantage in prospectivity analysis and target generation. Key terms include a 1 percent NSR royalty on any properties Zeus acquires in these regions and a 15-year right of first refusal for Newmont on transfers. This agreement streamlines project identification, reduces early-stage risk, and positions Zeus to expand its Moroccan footprint efficiently.
Beyond Morocco, Zeus retains royalty-backed lithium exposure through the Mortimer Hills project in Western Australia’s Gascoyne region, situated near Delta Lithium’s substantial Malinda and Jameson deposits. The company also holds the Kalabity project in South Australia, offering multi-commodity optionality including uranium, copper, base metals, lithium and REEs, across a large landholding with geological analogies to both Olympic Dam (IOCG) and Broken Hill mineral systems.
Company Highlights
- Casablanca Antimony Project: Six exploration licenses over 79 sq km in central Morocco. Surface sampling during due diligence returned astonishing results: up to 61.9 percent antimony, with additional samples ranging 7.8 to 46.52 percent antimony along a mapped strike exceeding 4 km
- Strategic Location for Supply Security: Morocco is a long-standing antimony producer with historic supply to Europe, ranking 19th globally on the Fraser Institute’s mining jurisdiction index- – on par with Western Australia.
- Rapid Advancement Exploration Model: Geophysics survey underway within weeks of licence acquisition, trenching program planned, and drill commencement targeted for early Q4 2025.
- Favourable Market Dynamics: Antimony prices have quadrupled since early 2024 to ~US$55,000/t amid tightening global supply and rising demand from defence, electronics and renewable energy sectors.
- Strategic Advisory Firepower: Former US Ambassador Christopher Dell has joined as US business and strategic development advisor aiming to leverage his extensive diplomatic experience and proven negotiation skills to facilitate Zeus navigate capital-raising, geopolitical positioning and partnerships aligned with Western critical minerals policy
- Strategic Data Access: Access to Newmont’s Morocco exploration database and framework study strengthens Zeus’s ability to fast-track target generation and expand its Moroccan footprint
- Lean Valuation, Clear Milestones: Market capitalization sits around AU$9 to AU$13 million, offering early-stage leverage if exploration success continues.
Key Projects
Casablanca Antimony Project
Located in central Morocco, the Casablanca antimony project spans 79 sq km under six granted exploration licences in a historically productive mining district. Situated along the regional NNE-striking Smaala-Oulmes fault, the project benefits from structural dilation and quartz vein networks hosting high-grade stibnite mineralisation.
Multiple historical and recent artisanal workings are present across the tenure, with extensive surface mineralisation mapped over more than 4 km of strike. Rock chip sampling during due diligence returned exceptional antimony grades, peaking at 61.9 percent antimony, with additional assays of 44.5 percent and 39.4 percent, and a broader range of samples between 7.8 percent and 46.52 percent antimony across 20 locations. These results rank among the highest reported for any early-stage antimony discovery globally, underscoring the strong potential for defining a resource. The licences are drill-ready, and Zeus has rapidly commenced a high-resolution induced polarisation (HRIP) geophysical program comprising 23 dipole-dipole profiles over 16 km to delineate subsurface conductive zones and key structural controls.
The work is supported on the ground by Ashgill Morocco, whose in-country geological team brings deep expertise in North African mineral systems and manages permitting, mapping and logistics. Upon completion of the geophysics, a trenching program, selected for its speed and cost efficiency given the project’s grade profile, will test surface veins and inform drill targeting. Drilling is anticipated to start in early Q4 2025. Morocco’s modern mining code, stable political environment and strategic proximity to European markets present a clear pathway to fast-track the project from exploration to development, should drilling confirm significant resources.
Mortimer Hills
The Mortimer Hills project (E09/2147), located in the Gascoyne region, lies ~5 km along strike from Delta Lithium’s Malinda project. It is situated within the Leake Springs Metasediment unit, which collectively hosts 21.9 Mt of lithium resources (Malinda + Jameson deposits). The project was sold to Delta Lithium’s subsidiary, but Zeus retains a structured royalty interest, providing leveraged exposure to a rapidly advancing lithium district without ongoing capital commitments.
Kalabity Project
Kalabity is Zeus’ South Australian exploration initiative, targeting uranium, copper, base metals, lithium and REE within the Curnamona Tectonic Province. The project spans four granted exploration licences (EL7008, EL7039, EL7048 and EL7058) and is strategically located near historic deposits such as Kalabity and Crocker Well. The district’s geological setting is analogous to Olympic Dam (IOCG) and Broken Hill (zinc-lead-silver) systems, offering large-scale polymetallic potential. The recent granting of EL7058 further consolidates Zeus’ position in this prospective province.
Management Team
Alvin Tan – Executive Chairman
With nearly three decades of corporate experience across ASX-listed and global companies, Alvin Tan has a track record in mergers, acquisitions and capital raising. He currently serves as a director of LSE and NSX-listed PYX Resources and was formerly a director of ASX-listed Advanced Share Registry prior to its acquisition.
Hugh Pilgrim – Executive Director
Founding partner of Caravel Securities, Hugh Pilgrim has extensive experience in capital raising, mineral project acquisition and structuring corporate transactions on the ASX. He is leading Zeus’ corporate development strategy, with a focus on accelerating the Casablanca project’s exploration and development.
Robert Marusco – Executive Director and Company Secretary
A corporate strategist with over 25 years of experience, Robert Marusco has held senior roles in private and ASX-listed companies. He specialises in corporate governance, financial planning and compliance, with a background in advising on ASX listings, M&A and restructures.
Christopher Dell – US Business and Strategic Development Advisor
Christopher Dell is a former US Ambassador to Angola, Zimbabwe and Kosovo, and senior executive at Bechtel and Fieldstone Africa. His appointment strengthens Zeus’ ability to engage Western governments, companies and strategic funders in the antimony supply chain context
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1h
Gold Price Breaks US$3,700 for First Time as Fed Cuts Rates
The US Federal Reserve held its sixth meeting of 2025 from Tuesday (September 16) to Wednesday (September 17) amid slowing growth in the country's jobs market.
The central bank met analysts’ expectations by lowering the federal funds rate by 25 basis points to the 4 to 4.25 percent range. It marks the first cut of 2025, after holding at the 4.25 to 4.5 percent range since December 2024.
Despite August consumer price index (CPI) data showing inflation rose to 2.9 percent from 2.7 percent in July, a weakening labor market became the focus of the Fed’s dual mandate of stable prices and maximum employment.
“The case for a persistent inflation outbreak is less, and that’s why we think it’s time for us to acknowledge the risks to the other mandate have grown, and we should move in the direction of neutral,” said Chair Jerome Powell.
The most recent US jobs report indicates that August brought an increase of just 22,000 new workers, while the unemployment rate ticked up to 4.3 percent from 4.2 percent in July. Additionally, the Bureau of Labor Statistics, which produced the report, announced a downward revision to June’s figures, showing a loss of 13,000 jobs.
Similarly, July’s report, released on August 1, marked a significant weakening in the labor force, bringing the three month average to just 28,000 new jobs after growth of 192,000 in the February to April period.
Following that report, US President Donald Trump fired the head of the Bureau of Labor Statistics, suggesting the jobs data was “rigged” to make his administration look bad. Both the slowing American labor market and rising inflation over the past few months have been blamed on the effects of Trump’s tariffs trickling into the economy.
Trump has been critical of the Fed and Powell in particular, saying they haven't moved quickly enough to lower rates.
While he is unable to remove Powell, in August Trump attempted to fire Fed Governor Lisa Cook over alleged mortgage fraud stemming from mortgage applications where she listed two homes as principal residences. Recent documents have shown those allegations to be false, and that Cook listed one of the homes as a vacation property.
On Monday (September 15), an appeals court blocked Cook's removal from the Fed's Board of Governors, allowing her to participate in this week’s meeting. Also this week, the Senate confirmed Stephen Miran to the board in a 48 to 47 decision along party lines. He will be replacing Adriana Kugler, who resigned in August.
Miran is on leave from his position at the White House’s Council of Economic Advisers and increases Trump’s influence over the seven member board. The nomination process for a new board member usually lasts months, but Miran’s appointment took just six weeks, allowing him to participate in this week’s meeting.
The gold price rose to a record high of US$3,707.34 per ounce shortly after the decision, but quickly fell back to the US$3,650 level. Silver spiked as high as US$42.24 per ounce following the meeting, still trading near 14 year highs.
Equities were mixed on Wednesday, with the S&P 500 (INDEXSP:INX) losing 0.31 percent to reach 6,586. Meanwhile, the Nasdaq-100 (INDEXNASDAQ:NDX) shed 1.03 percent to come in at 24,036, and the Dow Jones Industrial Average (INDEXDJX:DJI) gained 0.5 percent, coming to 45,084.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
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3h
Prince Silver Commences Fully Funded Drill Program at the Prince Silver Project in Nevada
Prince Silver Corp. (formerly Hawthorn Resources Corp.) (CSE:PRNC)(OTC:PRNCF) ("Prince Silver" or the "Company") is pleased to announce the commencement of a fully funded, 6,500-meter exploration drill program at its flagship Prince Silver Project, a past-producing silver-zinc-gold-lead property. The program is designed to expand known high-grade zones, validate historical drilling, and define the broader mineralized system across the property.
Key Highlights:
- 31 RC holes totaling approximately 6,500 meters are planned in this first phase drilling,
- 129 historical holes (16,607 meters) confirm widespread mineralization and high-grade zones.
- The drill program is fully funded following the closing of two recent financings, totalling over $5.25M CAD
Ralph Shearing, President & Director "We're excited to launch this fully funded drill program at the Prince Silver Project, which we believe holds significant untapped potential. Our work will focus on expanding known high-grade zones, testing new areas and validating historical drilling. With approximately 6,500 meters of drilling planned, and mineralization open in all directions, this program marks a key step in defining the broader mineralized system and positioning Prince Silver as a standout silver explorer in Nevada."
2025 Drill Program
The program will consist of approximately 6,500 meters of RC drilling across 31 holes. It is designed to validate historical results, increase confidence in historic unpublished resources estimates, and complete infill and step-out drilling within and surrounding the historic resource area. The goal is to advance the project toward a maiden 43-101 resource estimate by testing potential extensions to know mineralization along strike and to depth. The drill program is being conducted by O'Keefe Drilling Company, headquartered in Butte, MT.
The Prince Silver Project hosts a significant polymetallic carbonate replacement deposit (CRD) and a sediment-hosted gold system, with mineralization that is open in all directions and amenable to open-pit mining and deeper underground mining. The project benefits from shallow, high-grade zones and holds potential for valuable manganese by-products.
Initial assay results from the program will be published as they become available from the laboratories, with ongoing results as the drill program progresses into winter.

Figure 1: First drill set up for start of 2025 drill program - Historic Prince Mine headframe in background

Figure 2: Location of the Prince Silver Project, Nevada
PRINCE SILVER PROJECT HISTORIC EXPLORATION
To evaluate the mineral potential of the Prince Project, an exploration target (the "Exploration Target") was outlined in a 2024 independent report prepared following JORC guidelines (JORC standards for the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.) by OmniGeoX Exploration Consultants of Perth, Australia based on historical surface and underground drilling.
The Exploration Target was based on 129 historic drill holes drilled through mineralized carbonate replacement beds and host Pioche Shale up to 500M depth. Mineralized polymetallic intersections based on historical block modelling suggests the immediate Exploration Target is between 25-43Mt with grades ranging as 1.44-1.57% Zn, 0.78-0.87% Pb, 0.003-0.005% Cu, 0.28-0.40g/t Au, 37-40g/t Ag and 3.62 4.30% Mn. The mineralization is open in all directions.
Readers are cautioned that the Exploration Target is not an "inferred", "indicated" or "measured" mineral resource compliant with National Instrument 43-101 ("NI 43-101"). The Exploration Target has been determined based upon 129 historic drill holes totaling 16,606 meters, historic production records including mine level plans and 3D modelling of mineralization and geology. The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the Exploration Target being delineated as a mineral resource.
Previous Drilling & Results
Historical exploration includes 129 drill holes totaling 16,607 meters. Results confirm widespread mineralization and multiple high-grade zones.
*Notable 2014 intercepts:
- 40.8 m @ 0.63 g/t Au, 65 g/t Ag, 1.64% Zn, 3.51% Pb (from 26 m, UDH-55),
- 24.4 m @ 0.47 g/t Au, 80 g/t Ag, 1.64% Zn, 3.52% Pb, (from 87 m, PRC-11)
- 2.4 m @ 11.1 g/t Au, 377 g/t Ag, 26.1% Zn, 4.3% Pb (from 14 m, UDH-53)
Importantly, earlier programs only sporadically assayed the Pioche Shale unit however, where assayed the Pioche Shale returned a number of highly prospective historic results such as,
- 61 m @ 2.1 g/t Au, 38 g/t Ag for (from 69 m, CDH-36)
- 41 m @ 0.7 g/t Au, 68 g/t Ag, 3.3% Zn, 0.61% Pb for (from 26 m, UDH-55)
- 71 m @ 1.4 g/t Au, 51 g/t Ag for (from 192 m, PRC-10)
Marketing Agreement
Prince Silver Corp. has entered into an advertising and investor awareness campaign with Dig Media Inc. dba Investing News Network (INN). INN is a private arm's length company dedicated to providing independent news and education to investors since 2007. For the 12-month term of the agreement with advertising commencing on, or before September 30, 2025, INN will provide advertising on its website to increase awareness of the issuer. The cost of the annual campaign is $54,000. INN is headquartered at 1200 - 736 Granville Street, Vancouver, BC, Canada, V6Z 1G3 and can be reached at info@investingnewsnetwork.com or by telephone at 1 604 688 8231.
This agreement is subject to the approval of the CSE.
Qualified Person
Ralph Shearing, PGeol. (Alberta) a qualified person under NI 43-101 and, Director and President of the Company, has reviewed and approved the technical disclosure contained in this news release.
About Prince Silver Corp.
Prince Silver Corp is a silver exploration company focused on advancing the Prince Silver Project in Nevada, USA. The known deposit identified with historic drilling is open in all directions and is near surface. Prince Silver Corp also holds interest in the Stampede Gap Project, a district scale copper-gold-moly porphyry system located ~15km NNM of the Prince Silver Project.
On Behalf of the Board of Directors
Ralph Shearing, Director, President
Email: rshearing@princesilvercorp.com
Tel: 604-764-0965
Website: www.princesilvercorp.com
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: proposed drill programs, amendments to the Company's website, property option payments and regulatory and corporate approvals. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the Acquisition and related transactions, and compliance with property option agreements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, failure to obtain regulatory or corporate approvals, exploration results, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any 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 (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The CSE has neither approved nor disapproved the contents of this press release and the CSE does not accept responsibility for the adequacy or accuracy of this news release.
Click here to connect with Prince Silver (CSE:PRNC,OTC:HWTNF) to receive an Investor Presentation
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22h
Earthwise Minerals: Advancing the Iron Range Gold Project in BC
Earthwise Minerals (CSE:WISE,FSE:966) is an emerging gold exploration company leveraging a data-driven strategy to unlock significant upside in a tier-one Canadian jurisdiction. The company is advancing its Iron Range project in southeastern British Columbia—a district-scale land package with geological analogues to some of North America’s most prolific polymetallic systems.
Earthwise Minerals is pursuing a measured growth strategy that blends investor outreach with disciplined exploration. By integrating over $8 million of historic data with modern techniques, the company is advancing the Iron Range Gold Project efficiently and cost-effectively. A staged four-year option agreement provides a low-entry framework for exploration and supports a clear path toward drilling.
The Iron Range Gold Project is Earthwise Minerals’ flagship asset, spanning 21,437 hectares in southeastern British Columbia, just northeast of Creston. The property sits along the Iron Mountain Fault Zone (IMFZ), a major regional structure within the Purcell Supergroup that also hosts the world-class Sullivan SEDEX deposit. Earthwise controls over 50 kilometres of strike length along the IMFZ and its associated splays. The project benefits from excellent infrastructure, including Highway 3 crossing the property, Canadian Pacific rail access, and nearby BC Hydro power, natural gas, and water. Exploration is further streamlined by a multi-year area-based (MYAB) permit, enabling trenching, geophysics, road access, and drilling without the need for annual approvals.
Company Highlights
- Tight Capital Structure: Only 37.2 million shares fully diluted, providing strong leverage to exploration success without heavy dilution
- Flagship Iron Range Gold Project: District-scale property covering 21,437 hectares, strategically located along the Iron Mountain Fault Zone, within the same stratigraphy as the legendary Sullivan SEDEX deposit
- Strong Geological Foundation: Over $8 million of historical exploration, including geophysics, geochemistry, and drilling, provides a data-rich base for new high-impact targeting
- Low-cost Option Agreement: Earthwise can earn up to 80 percent of Iron Range from Eagle Plains Resources through staged payments and exploration commitments totaling $4 million over four years
- World-class Infrastructure: The project is road accessible, bisected by Highway 3 and Canadian Pacific rail, with nearby power, natural gas and water resources
- Proven Leadership: CEO Mark Luchinski and VP exploration George Yordanov bring capital markets expertise and technical discovery experience, supported by a well-rounded board with financial and digital strategy capabilities
This Earthwise Minerals profile is part of a paid investor education campaign.*
Click here to connect with Earthwise Minerals (CSE:WISE) to receive an Investor Presentation
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16 September
Chen Lin: Gold, Silver Prices Breaking Out, My Stock Strategy Now
Chen Lin of Lin Asset Management discusses what's behind gold's latest price move.
"Recently the stock in China's gold futures market just went parabolic — that actually preceded the recent gold breakout ... both had been rangebound for a long, long time, and then suddenly started breaking out two weeks ago," the expert explained.
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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16 September
Earthwise Minerals
Investor Insight
With a data-driven exploration strategy, Earthwise Minerals is an emerging gold exploration company with significant upside potential in a tier-one Canadian jurisdiction. The company is advancing the Iron Range gold project in southeastern British Columbia, a district-scale land package with geological analogues to some of North America’s most prolific polymetallic systems.
Overview
Earthwise Minerals (CSE:WISE,FSE:966) is a Vancouver-based exploration company advancing the fully permitted Iron Range Gold Project in southeastern British Columbia. The project benefits from a multi-year exploration and drilling permit that provides flexibility for efficient advancement. With a history of significant gold discoveries and more than $8 million in historic exploration work, Iron Range represents the company’s primary focus and a district-scale opportunity in a tier-one jurisdiction.
Iron range property looking from Talon Zone area towards Arrow Creek
Earthwise Minerals is pursuing a measured growth strategy that blends investor outreach with disciplined exploration. By integrating over $8 million of historic data with modern techniques, the company is advancing the Iron Range Gold Project efficiently and cost-effectively. A staged four-year option agreement provides a low-entry framework for exploration and supports a clear path toward drilling.
Company Highlights
- Tight Capital Structure: Only 37.2 million shares fully diluted, providing strong leverage to exploration success without heavy dilution
- Flagship Iron Range Gold Project: District-scale property covering 21,437 hectares, strategically located along the Iron Mountain Fault Zone, within the same stratigraphy as the legendary Sullivan SEDEX deposit
- Strong Geological Foundation: Over $8 million of historical exploration, including geophysics, geochemistry, and drilling, provides a data-rich base for new high-impact targeting
- Low-cost Option Agreement: Earthwise can earn up to 80 percent of Iron Range from Eagle Plains Resources through staged payments and exploration commitments totaling $4 million over four years
- World-class Infrastructure: The project is road accessible, bisected by Highway 3 and Canadian Pacific rail, with nearby power, natural gas and water resources
- Proven Leadership: CEO Mark Luchinski and VP exploration George Yordanov bring capital markets expertise and technical discovery experience, supported by a well-rounded board with financial and digital strategy capabilities
Key Project
Iron Range Gold Project
The Iron Range Gold Project is Earthwise Minerals’ flagship asset, covering 21,437 hectares in southeastern British Columbia, just northeast of Creston. The property is underlain by the Iron Mountain Fault Zone (IMFZ), a major regional structure within the Purcell Supergroup that also hosts the world-class Sullivan SEDEX deposit. Earthwise controls more than 50 kilometres of strike length along the IMFZ and associated splays. The project benefits from excellent infrastructure, with Highway 3 crossing the property, Canadian Pacific rail access, and nearby BC Hydro power, natural gas, and water. Exploration is further supported by a multi-year area-based (MYAB) permit, allowing trenching, geophysics, road access, and drilling without the need for annual approvals.
A robust exploration dataset underpins the project. A 2004 VTEM survey outlined conductivity trends coincident with the IMFZ, while systematic soil geochemistry defined multi-element anomalies (arsenic, lead, zinc, and gold), including “Sullivan-style” lead-zinc responses within the Lower–Middle Aldridge Contact — a stratigraphic horizon strongly associated with SEDEX mineralization. Induced polarization (IP) surveys completed in 2017 identified a down-plunge chargeability anomaly at the Talon/Canyon Zone. Follow-up drilling in 2018 confirmed this target, returning mineralized intercepts consistent with the geophysical model and demonstrating continuity beneath surface anomalies.
Mineralization styles at Iron Range are polymetallic and diverse, including intermediate-sulphidation epithermal systems with alteration assemblages of silica, K-feldspar, sericite, and carbonate. Mineralization occurs within brittle shear and breccia zones ranging from one metre to several tens of metres wide, spatially associated with the IMFZ and concentrated within approximately 150 metres of the LMC.
Historic drilling at the Talon/Canyon Zone has returned broad and high-grade intercepts, including:
- 56.5 m grading 1.9 g/t gold, 0.44 percent lead, 0.59 percent zinc, and 19.7 g/t silver
- 14.0 m grading 5.1 g/t gold, 1.86 percent lead, 2.1percent zinc, and 75.3 g/t silver
- 2.0 m grading 12.8 g/t gold, 4.18 percent lead, 5.06 percent zinc, and 122.5 g/t silver (drill hole IR10-010)
Mineralization remains open along strike and at depth, with overlapping geophysical and geochemical vectors indicating potential for parallel or offset mineralized shoots. Earthwise’s 2025 exploration program is focused on detailed structural mapping, systematic geochemical sampling, and expanded IP surveys to refine 3D chargeability and resistivity models, helping to de-risk future drill targeting. A Phase 1 drill campaign (~2,500 metres) is scheduled for 2026 to test down-plunge extensions of the Talon/Canyon Zone and evaluate additional parallel structures.
Under the option agreement with Eagle Plains Resources, Earthwise can earn a 70 percent interest over four years through staged cash, share and exploration commitments. An additional 10 percent interest (to 80 percent) can be acquired for a $1-million cash payment within 120 days of vesting at 70 percent. Eagle Plains retains a 1 percent NSR on part of the property. This represents a low-cost entry relative to the more than $8 million of historical work already completed, allowing Earthwise to direct capital toward geophysics and drilling rather than re-establishing baseline exploration.
The emphasis on geophysics is strategic. In structurally complex belts where mineralization occurs in breccia, veins and disseminated sulphides, IP surveys are a proven, cost-effective discriminator. They can identify disseminated to semi-massive sulphides, distinguish mineralized from barren host rocks, and provide depth slices for 3D geological modelling. When integrated with legacy VTEM, geochemical surveys and drill data, modern IP provides the most efficient pathway to precise, high-value drilling designed to answer key questions of geometry, grade distribution and vectoring within the system.
Management Team
Mark Luchinski – Chief Executive Officer
Mark Luchinski is a seasoned entrepreneur and capital markets specialist with two decades of experience managing public companies and advancing exploration projects. He has guided multiple firms through financing, acquisitions, exploration and public listings. In addition to Earthwise, he serves as a director of Aeonian Resources.
George Yordanov – VP Exploration and Director
A professional geologist and NI 43-101 qualified person with over 15 years of exploration experience, George Yordanov has contributed to grassroots discoveries with Osisko Mining, Sumitomo Metal and Dundee Precious Metals, bringing expertise across gold, base metals and lithium exploration.
Solomon Kasirye – Director
Solomon Kasirye is a registered geoscientist with over a decade of experience across resource estimation, exploration, mine geology and commodity research. He is the managing director of SoloCore Solutions and holds advanced degrees in Metal & Energy Finance (Imperial College London) and Mineral Resource Management (University of Free State)
Mateo Arcila – Director
An engineer with 10+ years of business development and digital strategy experience, Mateo Arcila leads Earthwise’s corporate outreach, digital presence and capital markets engagement. His background spans marketing, big data analytics and international business
Ikavinder Deol – Chief Financial Officer
Ikavinder Deol is CPA with over six years of experience in financial reporting and regulatory compliance for junior mining companies. She is also with Cross Davis & Company, specializing in IFRS reporting for resource companies
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