
February 10, 2025
Ultra-potassic stockwork outcrop identifies a new Central Porphyry
Altair Minerals Limited (ASX: ALR) (‘the Company’ or ‘Altair’) is pleased to announce preliminary findings following a site visit where the Company has identified a significant outcrop of stockwork system at Central Porphyry. Outcropping quartzite, magnetite and secondary biotite veined porphyry stockwork which is part of a new separate Central Porphyry – 3km Southwest of the high-grade Irka NE Porphyry2.
Key Highlights:
- Identification of new Central Porphyry | Venatica West a Porphyry Cluster
Site visit has discovered a significant outcrop of leached porphyry stockwork and ultra-potassic vein system which identifies a Central Porphyry intrusive part of a cluster system at Venatica West. Typical alteration and veining present within Bornite-Gold rich Copper Porphyry systems. - Extremely dense veining and stockwork | Multi-stage Mineralisation
Stockwork of A-type quartz, magnetite and secondary biotite on Central Porphyry is the densest identified to date across Venatica West, suggesting significant hydrothermal activity, overlapping events, fracturing and multi-stage mineralisation at Central Porphyry, ideal for copper enrichment. - Small portion of a much larger system | Central Porphyry Remains Open
Identification of Central Porphyry is an outstanding outcome, due to only a portion of the potassic stockwork zone outcropping, which could’ve easily been missed. Ultra-potassic alteration with dense stockwork as seen within this outcrop, generally tends to expand kilometres, with remaining footprint of alteration sitting under soil cover. Further fieldwork can identify full extent of this Central Porphyry. - Potential for regional Porphyry system | SW – NE Regional Porphyry System
Preliminary fieldwork analysis on-going, with already a new Central Porphyry system being identified within virgin grounds at Venatica West, sitting ~3km Southwest of the high-grade Irka NE Porphyry and ~2km Northeast of the Irka SW Porphyry-Skarn system2. Suggestive of a regional SW to NE trending porphyry cluster, filling the intersection of two district faults. - Community Engagement Commenced | Early Community Approval
Early engagement has commenced with the local community, with multiple local members showing support for on-going exploration works. Altair’s exploration team has also met with the President of the Community with very positive preliminary discussions. Altair has received initial community approval for exploration works with intention of putting forward long-term proposal of work programs, community incentive programs, project scheduling and local training.
Discovery of New Central Porphyry at Venatica West
The Central Porphyry is located on the Irka permit, situated ~3km southwest of the high-grade Irka NE Porphyry target and is a new intrusion system identified within Venatica West during initial site visit. The upper zone of a new Central Porphyry has been identified through outcrop which consists of leached ultra-potassic stockwork of quartz, magnetite and secondary biotite dense veining, and surrounded by phyllic alteration halo and hosted within overprinted argillic alteration.
The ultra-potassic alteration suggests Altair is standing above the core of the Central Porphyry. The overprinting of strong argillic alteration has occurred from later stage hydrothermal fluids which has replaced the feldspars with clay material while maintaining the stockwork veining – suggesting a multi- stage mineralisation event which can significantly enrich the grades of copper sulphide and hypogene zone below. This leached stockwork from late-stage argillic alteration indicates the copper has been remobilized and disseminated into structurally favourable zones below, with potential to enhance grades within the contacts and breccia’s at the core of the Central Porphyry.
The ultra-potassic zone generally sits right above the core of a Porphyry intrusion and in the case of the Central Porphyry, it is the densest set of stockwork, and veinlets discovered so far at Venatica West, with high alteration suggesting this area is the key part of hydrothermal activity and potentially the feeder to multiple other Porphyry systems.
The presence of dense secondary biotite veining on altered ultra-potassic outcrop not only indicates the presence of a new Porphyry system sitting below but also is an essential element for developing a large-scale Porphyry deposit within this particular belt.
Within other billion-tonne deposits proximal to Venatica, the presence of secondary biotite into the plays a key role in developing “scale” as its presence within porphyry stock and outwards into diorite host rock, tends to allow substitution of Fe2+ and Mg2+ with Cu2+, which can extend the copper mineral deposit footprint by a further ~500m radius in each direction from the main Porphyry core.1
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This article includes content from Altair Minerals Limited, 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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29 January
Altair Minerals
Investor Insight
Altair Minerals is strategically positioned to unlock the value of its Venatica and Olympic Domain projects. By leveraging cutting-edge exploration techniques and its seasoned technical team’s expertise, the company is poised for significant copper and gold discoveries, presenting a compelling investment opportunity.
Overview
Altair Minerals (ASX:ALR) is an exploration company focused on unlocking significant copper and gold deposits through a disciplined and systematic approach. The company’s strategy centers on building a portfolio of high-quality assets with the potential to become Tier-1 discoveries, while advancing exploration on early-stage projects and actively evaluating opportunities to acquire advanced deposits and exploration assets.
Focused on copper and gold - critical metals for the global transition to renewable energy - Altair prioritizes systematic exploration campaigns to validate high-priority targets and seeks strategic partnerships to fund and accelerate its exploration efforts. By targeting projects which demonstrate potential to make tier-1 and large-scale discoveries in globally significant mining jurisdictions, Altair aims to position itself as an attractive leading exploration company to deliver maximum returns to shareholders.
Company Highlights
- Altair Minerals’ two world-class projects - Venatica in Peru and Olympic Domain in Australia - are located in globally significant mining districts, targeting Tier-1 copper and gold deposits.
- Venatica Project is a 337 sq km exploration project in the world-famous Andahuaylas-Yauri Porphyry Belt, featuring extensive copper-gold porphyry and skarn mineralization with proven high-grade historical production.
- The Olympic Domain project, located in South Australia’s Gawler Craton, is an 831 sq km IOCG project adjacent to BHP’s Oak Dam deposit (1.34 Bt @ 0.66 percent copper and 0.33 g/t gold) and boasts major analogous geophysical anomalies just 5 km from the Oak Dam deposit, indicative of significant mineralization.
- Historic sampling and exploration work was conducted at Venatica by INMET prior to its subsequent take over First Quantum for C$5.1 billion. The historic work has shown two major porphyry targets of 6 sq kmand 4 sq km, respectively, which have demonstrated abundant copper mineralisation at surface.
- Historic sampling at Venatica covers a small portion of the overall target, leaving substantial scope to expand its target size which remains open in all directions, these samples include:
- 7.0 percent copper and 33 g/t silver (sample 2254)
- 5.7 percent copper and 43 g/t silver (sample 4807)
- 4.8 percent copper and 32 g/t silver (sample 15245)
- 6.5 percent copper and 0.52 g/t gold (sample 4803)
- 4.8 percent copper and 0.40 g/t gold (sample 4801)
- Advanced geophysical techniques, modernized modelling has refined drill at Olympic Domain which shows previous impressive holes have narrowly missed the true core of the IOCG body, which shows a target size larger than the adjacent Oak Dam deposit owned by BHP.
- Altair’s boasts a first class and leading technical exploration team, who have cumulatively contributed to 11.4 Mt of copper and 26 Moz of gold discoveries in the past two decades.
Key Projects
Venatica Project (Flagship) – Peru
Location of Venatica Project, sitting along the Las Bambas trend and on key contact of Andahuaylas-Yauri Intrusive Batholith which is the main structural feature facilitating Tier-1 Copper deposits on the belt.
The Venatica Project, Altair Minerals' flagship asset, is strategically situated in Peru’s Andahuaylas-Yauri Porphyry Belt, a globally significant copper-producing region. The project is neighboring and sitting along strike Tier-1 mines, including Las Bambas, Antapaccay and Haquira, collectively establishing the area as one of the world’s premier porphyry copper districts. These mines contribute significantly to Peru’s copper output, underscoring the region’s importance in the global supply chain. Spanning approximately 337 sq km, Venatica’s land package is strategically positioned along the northern extension of the batholith intrusion contact zone, a geological anomaly known for hosting large-scale copper deposits with no modern exploration. Altair holds a first-mover advantage, being the first company to test the extension of this trend which has without failure made Tier-1 discoveries every ~60 km. The project’s geology is characterized by a combination of porphyry and skarn mineralization, which underpins its exceptional exploration potential.
Within Venatica West, the Irka NE target, a copper-molybdenum-gold porphyry system with a lateral footprint of 4 sq km, has yielded exceptional surface sampling results, including reported historic grades of up to 9.5 percent copper, 4.6 grams per ton (g/t) gold, and 160 g/t silver.
Additionally, a porphyry-skarn target covering a 6 sq km footprint within the contact aureole of the Andahuaylas-Yauri Batholith has historically been mined via small-scale operations, with exploited grades of 4 percent copper at the base of 10 meter pits – and remaining open at depth. These targets align with regional structural controls, consistent with the characteristics of nearby Tier-1 deposits.
Satellite perspective view of Venatica West with rock samples and total field magnetics overlay.
Historic exploration has been conducted highlighting Venatica’s tremendous potential, including geophysical surveys which have delineated two primary anomalies with strong structural controls, providing clear focus areas for future drilling. Over 140 stream sediment and rock chip samples have confirmed high-grade copper mineralization, alongside historical artisanal mining efforts, including shallow pits and shafts, that have validated the presence of high-grade copper near the surface, further supporting the project’s prospectivity.
Within Venatica East, major sets of stream anomalies have been identified over 5 times the background levels for Copper, delineating over 17km strike of anomalous zones for maiden exploration.
Plan view of Venatica Project, including Venatica West (with Irka Prospect) and Venatica East overlaid with stream sediment and rock sample anomalies.
The stream anomalies present at Venatica East are analogous to the Haquira discovery (1.4 Bt @ 0.46 percent copper, taken over by First Quantum for C$650 million in 2010) – sitting along strike Venatica sharing the same trend, host rock and structural controls. Haquira was first identified through similar stream anomalies which, like Venatica, recorded over 5 times background levels for copper.
Summary timeline of Haquira discovery, commencing from stream sediment anomaly which is analogous to Venatica East anomalies
The project benefits from excellent infrastructure and logistics. Venatica is accessible via established road networks and is in close proximity to major mining hubs, ensuring cost-effective exploration and potential future development. The region is well-connected to the electrical grid, and nearby towns offer access to a skilled mining workforce familiar with the operating conditions in the region.
Venatica’s strategic location within one of the world’s most productive porphyry belts further adds to the attractiveness of the project. Neighboring operations, such as Las Bambas (1.87 Bt @ 0.62 percent copper) and Haquira (1.39 Bt @ 0.48 percent copper), highlight the region’s capacity to host massive copper deposits. Altair’s project lies along the same structural corridor, significantly increasing the likelihood of discovering a Tier-1 deposit.
Altair has an aggressive exploration program planned to advance Venatica toward discovery. A drilling campaign is scheduled for Q2 2025, targeting the vertical extensions of the identified porphyry and skarn systems. The drill campaign will be complemented by advanced geophysical and geochemical mapping to refine structural interpretations and geological models. Resource delineation efforts will focus on defining both the lateral and vertical extent of mineralized zones, with the ultimate goal of confirming Venatica’s Tier-1 potential.
Olympic Domain Project – South Australia
Olympic Domain tenements
The Olympic Domain project, located in South Australia’s Gawler Craton, is one of the most promising IOCG (iron oxide copper gold) exploration projects globally. This region hosts renowned assets such as BHP’s Oak Dam and Carrapateena, and the world-class Olympic Dam deposit, underscoring its exceptional mineral potential. With an extensive land package spanning ~831 sq km, the project comprises three key prospects: Horse Well, Pernatty C and Lake Torrens, each with unique geological attributes indicative of Tier-1 mineral discovery potential. The key project area and most advanced target with historic drilling is Horse Well, located 2 km west of BHP’s Oak Dam (1.34 Bt @ 0.66 percent copper and 0.33 g/t gold). Strategically positioned within the Olympic Dam Lineament Corridor, a structural feature closely associated with significant IOCG systems, the project demonstrates substantial geological promise.
The Horse Well Prospect features a large ovoid conductive anomaly measuring 4.2 km in strike length and 1.9 km in width which is significantly larger than BHP’s Oak Dam deposit. Although historic drilling on its own accord is impressive, the recent maiden geophysics model shows these intercepts have narrowly missed the core of this anomaly – including 115 m @ 0.62 percent copper equivalent, 61 m @ 0.33 percent copper equivalent, and 70 m @ 0.67 percent copper equivalent, which confirm the presence of a mineralized halo, highlighting the assets tremendous potential, once intersecting the core of the IOCG.
Horse Well Total Magnetic Intensity (TMI) overlaid with TMI variable reduction to pole
(VRTP) 2nd derivative - SARIG. Shown are two of Altair’s key high-priority magnetic targets.
The Pernatty C Prospect hosts untested conductive anomalies with geological characteristics akin to a high-grade polymetallic deposit, with structural mapping identifying cross-cutting faults acting as conduits for mineralizing fluids.
At Lake Torrens, gravity anomalies two to three times the size of Oak Dam’s suggest the presence of large-scale, untapped IOCG mineralization. Furthermore, Lake Torrens sits on a key annular mantle disruption, similar to the positioning of Olympic Dam and Oak Dam West and is located on the rare PD1 Lineament Corridor, famously used to target the Olympic Dam discovery.
Substantial exploration work has advanced the Olympic Domain project, refined its geological models and identified high-priority targets. Advanced AMT and magnetic surveys have delineated major conductive zones coinciding with structural and magnetic anomalies, located just 5 km northwest of BHP’s Oak Dam deposit, providing a clear focus for exploration. Structural mapping has revealed extensive faulting and brecciation, serving as pathways for IOCG fluid systems.
The project is bolstered by exceptional infrastructure that enhances its development and exploration potential. Proximity to major regional highways ensures efficient logistics for exploration and future operations. The site is also well-positioned near smelters, industrial hubs, and export ports, ensuring access to critical resources and services. South Australia’s mining-friendly jurisdiction provides a supportive regulatory environment and a skilled workforce, further strengthening the project’s viability.
Altair has developed an aggressive exploration strategy to fully unlock the project’s potential. A focused drilling campaign, planned for 2025, will target the untested cores of major geophysical anomalies, including the high-priority ovoid conductor at Horse Well. The company is undergoing negotiations with potential JV partners which will provide a non-dilutive pathway to unlocking full value for the asset and allow Altair to proceed with its endeavours in making a globally significant discovery within its wholly owned Olympic Domain project. Enhancements to AMT and an imminent follow-up TEM will refine anomaly resolution and allow for precise drill targeting. Efforts will focus on validating Tier-1 IOCG targets, with the potential for discoveries comparable to neighboring world-class deposits like Oak Dam.
Management Team
Faheem Ahmed – Chief Executive Officer
Appointed as CEO on March 21, 2024, Faheem Ahmed holds a Bachelor of Engineering and a Bachelor of Project Management. With over seven years of experience, he has a robust background in project evaluation, asset management, data analysis, lifecycle cost analysis, and risk modeling across sectors including infrastructure, mining, health and transport. Prior to joining Altair, Ahmed played a pivotal role in transitioning Viridis Mining & Minerals into the rare earths sector, contributing to its successful exploration and development strategy.
Mordechai Benedikt – Non-executive Chairman
Mordechai Benedikt brings over 12 years of experience in the food import industry and has been actively involved in export trade from Australia to Asia, establishing a vast international network. More recently, he has engaged in commercial property ventures and substantial investments in the public sector. His diverse business background provides valuable insights into strategic decision-making and corporate governance.
Nochum Labkowski – Non-executive Director
As the CEO and principal investor of Halevi Enterprises, a private equity firm, Nochum Labkowski oversees equity holdings in over 30 private companies with global real estate investments. His unique investment approach has yielded significant returns, and his leadership experience contributes to Altair Minerals' strategic growth initiatives.
Jamie Larmont – Non-executive Director
Jamie Larmont is a seasoned mining professional and corporate strategy expert. With a Bachelor of Engineering and over a decade of hands-on experience working with industry leaders, such as BHP and Rio Tinto, he has extensive expertise in operational and project management. Larmont's consultative work further enhances his understanding of operational strategy, project value analysis and corporate communication, making him a valuable asset to the board.
Justin Mouchacca – Company Secretary
Justin Mouchacca is a qualified chartered accountant and fellow of the Governance Institute of Australia, with over 15 years of experience in public company responsibilities, including statutory, corporate governance, and financial reporting requirements. He graduated from RMIT University in 2008 with a Bachelor of Business majoring in accounting and completed the Chartered Accountants Program in 2011. Mouchacca has been appointed company secretary and financial officer for several entities listed on the ASX and unlisted public companies, bringing a wealth of experience in corporate compliance and governance to Altair Minerals.
Chris Anderson – Technical Advisor, Australia
Chris Andersen has extensive expertise in geophysical modelling and targeted drill planning led to the Carrapateena IOCG discovery holes, subsequently sold to Oz Minerals. Carrapateena became Oz Minerals’ flagship asset prior to its AU$9.6B takeover by BHP.
Ken Cross – Technical Advisor, Australia
Ken Cross is a senior geologist at WMC Resources and following a role as senior research geologist at Olympic Dam. He has made significant contributions to IOCG geological modelling and exploration concepts.
Jim Hanneson – Technical Advisor, Australia
Jim Hanneson is a leading geophysicist known for his cutting-edge proprietary techniques and advanced 3D modelling. His expertise has been critical to the success of major discoveries, including Havieron and Carrapateena.
Steven Cooper – Exploration Manager, Australia
Steven Cooper has 35 years of hands-on experience in managing and evaluating mineral exploration programs. Cooper is poised to lead a dynamic new phase of exploration at Altair Minerals.
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High-quality and growing exploration portfolio with potential for large copper and gold deposits
24 June
Successful TEM Simulation at Olympic Domain Project
30 April
ALR March 2025 Quarterly Activities Report & Appendix 5B
24 March
Irka NE Assays Confirm High Grade Copper over 1.1km Strike
16 March
Venatica Assays Confirm High-Grade Copper over 700m Strike
16 February
Fourth Major Copper Porphyry Venatica System Discovered
1h
Piche Resources
Investor Insight
With high-quality, drill-ready assets with world-class discovery potential, Piche Resources is a compelling business case for investors looking to leverage a bull market for uranium and gold.
Overview
Piche Resources (ASX:PR2) is an ASX-listed mineral exploration company focused on uranium and gold exploration in Tier-1 jurisdictions: Western Australia and Argentina. The company holds 100 percent ownership of all of its projects and is supported by a highly experienced board and technical team.
Targeting globally significant discoveries in Tier-1 mineral provinces
Piche’s portfolio includes the advanced-stage Ashburton uranium project in Western Australia and two large-scale exploration projects in Argentina: the Cerro Chacon gold-silver project and the Sierra Cuadrada uranium project. These projects have delivered high-grade exploration results and are drill-ready, positioning the company to unlock significant shareholder value through systematic exploration programmes.
Piche has an internationally recognized board focused on creating long-term shareholder value, and an in-country technical team in Argentina with a proven track record of taking projects from discovery through to development.
Company Highlights
- Flagship Ashburton uranium project in Western Australia with recent high-grade drilling results over wide intercepts.
- Sierra Cuadrada uranium project in Argentina showing extensive near-surface mineralisation with assays up to 2.86 percent U₃O₈.
- Cerro Chacon gold-silver project with high-grade surface results (up to 11.65 g/t gold and 333.7 g/t silver) across a 14 km mineralised corridor.
- Fully permitted and EIA-approved for drilling at Cerro Chacon (Chacon South and Middle).
- Large, 100-percent-owned tenement package across all projects (Ashburton: 335 sq km; Cerro Chacon: 414 sq km; Sierra Cuadrada: 1,310 km²).
- Board of directors includes former leaders of Peninsula Energy, Orano, Rio Tinto Uranium and Barrick Gold.
- Upcoming drill campaigns planned at Cerro Chacon and Ashburton to test multiple high-priority targets.
- Well positioned for growth in the context of a strengthening uranium and gold price environment.
Key Projects
Gold: Cerro Chacon, Argentina
Cerro Chacon interpreted geology and tenement holding
Cerro Chacon is a large-scale, early-stage gold-silver exploration project located in the Chubut Province of Argentina. The project is situated within a region known for hosting world-class low-sulphidation epithermal systems, including Cerro Negro and Cerro Vanguardia. With multiple gold-bearing structures confirmed over a 14 km corridor, Cerro Chacon is emerging as a highly promising and underexplored precious metals system with substantial scale and grade potential.
Project Highlights
Location: ~40 km southwest of Paso de Indios, Chubut Province
Tenure: 414 sq km across multiple tenements
Highlights:
- A 14 km-long mineralised corridor has been delineated across Chacon Grid, La Javiela and Toro Hosco prospects.
- High-grade geochemical results include:
- 11.65 g/t gold and 120.3 g/t silver at Toro Hosco
- 333.7 g/t silver, 9.48 percent lead, and 8.57 percent zinc at La Javiela South
- Maiden RC drilling programme of 57 holes (7,905 m) scheduled across three main targets:
- Chacon Grid: 45 holes (5,590 m)
- La Javiela: 8 holes (1,740 m)
- Toro Hosco: 4 holes (575 m)
- EIA approvals for Chacon South and Chacon Middle were received in May 2025, enabling drilling to proceed.
- Vein systems range from 2 to 6 km in strike length and up to 50 m in width; hosted within structurally controlled low-sulphidation epithermal veins (LSEV).
Uranium: Ashburton Project, Australia
The Ashburton project is Piche’s flagship uranium exploration asset in Australia, situated in the Pilbara region of Western Australia. Located within a historically underexplored but highly prospective unconformity-related uranium district, the project provides the company with strong leverage to the growing global demand for uranium. The project is geologically analogous to world-class Proterozoic uranium systems, with multiple confirmed mineralised zones and a regional corridor of 60 km.
Project Highlights
- Location: Pilbara region, ~1,150 km north of Perth
- Tenure: 335 sq km following the recent application for tenement E52/4461 (214 sq km), adding to the existing 122 sq km holdings.
- Highlights:
- 2024 RC and diamond drilling confirmed high-grade uranium mineralisation at multiple stratigraphic levels.
- Best intercepts include:
- 3.45 m @ 5,129 ppm eU₃O₈ from 137.62 m (ARC006)
- 10.48 m @ 1,412 ppm eU₃O₈ from 114.30 m (ADD005)
- 2.42 m @ 2,681 ppm eU₃O₈ from 155.10 m (ADD003).
- 7.86 m @ 2,266 ppm eU₃O₈ from 105.42 m (ADD006)
- The company has outlined a 60 km structural corridor hosting multiple uranium occurrences including Angelo A & B, Canyon Creek, Ristretto and Atlantis.
- Atlantis prospect: historical drilling returned up to 7,400 ppm U₃O₈ over 2.2 m; rock chip samples have returned up to 37 percent U₃O₈.
Uranium: Sierra Cuadrada, Argentina
Sierra Cuadrada is Piche’s primary uranium asset in Argentina, covering a vast area within the San Jorge Basin. This large-scale project has demonstrated strong surface uranium mineralisation with multiple drill-ready prospects. With mineralisation confirmed across extensive zones and supported by historical radiometric and geochemical data, Sierra Cuadrada has the potential to host multiple Tier-1 uranium deposits in a cost-effective, near-surface setting.
Teo 5 and 6 prospect 2024 auger drill programme
Project Highlights:
Location: San Jorge Basin, ~200 km north of Comodoro Rivadavia
Tenure: 1,310 sq km across multiple licences
Highlights:
- The project area contains broad, flat-lying mineralisation at multiple stratigraphic levels.
- High-grade uranium assays include:
- 28,650 ppm U₃O₈ (2.86 percent) from rock chip sampling at Teo 8
- 24,017 ppm U₃O₈ from channel sampling
- 2,772 ppm U₃O₈ over 0.5m from auger drill sample
- Mineralised zones extend over a strike of 60 sq km, with confirmed targets on the majority of tenements.
- 2024 auger drilling and sampling confirmed uranium continuity across a sandstone and conglomerate sedimentary package with 14 samples exceeding 200 ppm U₃O₈.
- Rock chip sampling has returned 114 samples >200ppm U₃O₈
- RC drilling is planned to follow up on anomalies identified in the auger and channel sampling programmes.
Management Team
John (Gus) Simpson – Executive Chairman
John Simpson has over 37 years of experience in mineral exploration, development and mining. Previously the executive chairman and founder of Peninsula Energy Limited (ASX:PEN), a USA uranium producer.
Stephen Mann – Managing Director
Stephen Mann is a geologist with over 40 years of experience in exploration, discovery and development of mining projects, including 20 years in the uranium sector. Formerly the Australian managing director of Orano, the world’s third-largest uranium producer.
Pablo Marcet –Executive Director
Pablo Marcet is a senior geoscientist with 38 years of experience in exploration, discovery and development of mineral deposits. Currently an independent director of lithium producer Arcadium Lithium (NYSE:ALTM) and previously a director of Barrick Gold (NYSE:GOLD) and U3O8 (TSX:UWE).
Clark Beyer – Non-executive Director
Clark Beyer is an internationally recognized nuclear industry executive with over 35 years of experience. Formerly the managing director of Rio Tinto Uranium and currently principal of Global Fuel Solutions, providing strategic consulting to the international uranium and nuclear fuels market.
Stanley Macdonald – Non-executive Director
Stanley Macdonald is a nationally recognized mining entrepreneur, founding director and instrumental in the success of numerous ASX-listed companies, such as Giralia Resources, Northern Star and Redhill Iron. He is currently a director of Zenith Minerals.
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2h
Quarterly Activities/Appendix 5B Cash Flow Report
3h
Quarterly Activities/Appendix 5B Cash Flow Report
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Steve Barton: Gold, Silver, Uranium — Price Targets and Key Levels to Watch
During an interview with the Investing News Network's Charlotte McLeod, Steve Barton of In It To Win It shared his outlook on gold, silver, uranium and more, highlighting how he uses technical analysis to guide his trades.
“Whatever is out of favor and hated at the moment, that’s probably what you need to buy,” he said. “Buy it when it’s boring and no one cares, then you get to ride the wave up.”
Don't forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
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8h
Sranan Gold: Unlocking Suriname’s Next Multi-Million-Ounce Discovery in the Guiana Shield
Sranan Gold (CSE:SRAN,FSE:P84) is a junior exploration company focused on Suriname, a South American country that produces over 600,000 ounces of gold annually. The company’s flagship project is located in the highly prospective Guiana Shield, one of the world’s most underexplored and gold-rich geological regions.
Sranan’s 29,000-hectare Tapanahony gold project sits atop a historic mining belt with strong geochemical and structural markers. Leveraging local knowledge, legacy drill data, and modern exploration tools, the company aims to define its first gold resource along a 4.5 km mineralized corridor.
Backed by the discovery team behind Suriname’s major deposits—Merian, Rosebel, and Saramacca—Sranan is targeting hard-rock gold beneath saprolite zones, with plans to accelerate drilling, grow its land position, and deepen community ties.
Company Highlights
- District-scale land position: The 29,000-hectare Tapanahony project covers one of Suriname’s oldest and most productive artisanal mining districts, offering untested hard-rock upside within the Guiana Shield, home to numerous multi-million-ounce gold deposits.
- Immediate drill targets: A 10,000-metre diamond drilling program is set to kick off in 2025 across the 4.5 km Poeketi-Randy trend, targeting high-grade shear zones validated by historic IAMGOLD drilling.
- World-class discovery pedigree: The technical team has led or co-led discoveries at Merian (7 Moz, Newmont), Rosebel (13.7 Moz, now Zijin) and Saramacca (1.5 Moz).
- Deep in-country knowledge: Geologists are locally trained at Anton de Kom University and have decades of experience in Suriname’s regolith-dominated terrain.
This Sranan Gold profile is part of a paid investor education campaign.*
Click here to connect with Sranan Gold (CSE:SRAN) to receive an Investor Presentation
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10h
Quimbaya Gold
Investor Insight
Quimbaya Gold’s strategic focus on Colombia offers a compelling opportunity for gold exploration in a prolific, brownfield region supported by a favorable permitting environment. The upside potential is worthy of examination by any savvy investor.
Overview
Quimbaya Gold (CSE:QIM,OTCQB:QIMGF,FSE:K05) is a junior gold exploration company focused on its high-grade gold projects in Colombia. The company’s portfolio spans 59,057 hectares across three highly prospective regions in the Antioquia mining district. This region is responsible for approximately 50 percent of Colombia’s total gold production, equivalent to around 1 million ounces (Moz) annually.
Positioned right next to Aris Mining’s (TSX:ARIS) Segovia mine, Quimbaya leverages its proximity to established infrastructure and gold-rich geological formations. With Colombia being one of the most underexplored yet top mining jurisdictions in South America, Quimbaya’s projects are uniquely poised for significant discoveries.
Quimbaya’s projects benefit from Colombia’s favorable permitting environment, enabling faster transitions from discovery to production, compared to its global peers. Quimbaya’s strategy focuses on value creation through new discoveries and monetizing them via strategic transactions, including joint ventures and operational contracts.
Quimbaya has established a significant partnership with Independence Drilling, Colombia’s largest drilling company with over 40 years of experience. The agreement secures 100,000 meters of drilling over five years, with Independence. The first service order for the initial 4,000-meter drilling campaign has been completed.
The company’s management team brings extensive and deep expertise in exploration in Colombia, corporate finance and project development. Quimbaya trades on multiple exchanges: CSE (QIM), OTCQB (QIMGF), and FSE (K05).
Company Highlights
- Quimbaya Gold controls 59,057 hectares across three distinct projects in Antioquia, Colombia — renowned as the country's top mining department, accounting for over half of Colombia’s gold production.
- The flagship Tahami project is adjacent and on trend to Aris Mining’s Segovia mine, one of the highest-grade gold mines globally. Tahami benefits from its strategic proximity to Segovia and its potential for discovery of high-grade vein gold systems.
- Quimbaya has entered into a partnership with Independence Drilling, Colombia’s largest drilling company, which secures an extremely cost-effective 100,000 meters of drilling over five years. The first service order has concluded for an initial first 4,000-meter drilling campaign.
- Quimbaya utilizes software that allows for rapid and cost-effective acquisition of mining claims, giving the company a competitive edge in securing high-value assets.
- Quimbaya has signed a letter of intent with Denarius Metals to form a 50/50 joint venture to formalize small-scale mining at Quimbaya’s Tahami Project.
- The technical team’s proven track record of major discoveries in Colombia positions Quimbaya as a standout explorer in the region.
- Fully funded into 2026 for multi-project advancement in Colombia after closing $4 million financing
Key Projects
Tahami Project (Flagship)
The Tahami project is located in Segovia, Antioquia, adjacent to Aris Mining’s Segovia mine, one of the highest-grade gold mines in the world. Spanning 17,087 hectares, Tahami’s geology features mesothermal veins with multiple mineralization events underlain by Precambrian metamorphic rocks consolidated within the San Lucas Gneiss unit.
Quimbaya’s exploration plan for Tahami involves leveraging advanced geochemical and geophysical surveys to generate drill targets. These efforts will be complemented by modern 3D geological modelling and an initial drilling campaign to test high-grade zones. The integration of historical data and cutting-edge technology positions Tahami as a prime asset for discovery.
Maitamac Project
Located in Abejorral, Antioquia, 80 kilometers south of Medellín, the Maitamac project spans 33,223 hectares and offers excellent road access. This emerging gold metallogenic district features mesothermal veins and potential porphyry gold-copper systems.
Initial surface rock samples have reported gold grades of up to 3.2 g/t, with stream sediments revealing over 1 g/t gold. Identified as a promising district by the Colombian Geological Services, Maitamac is positioned alongside the past producing ABE project and structural corridor which has produced mined shoots averaging 26 g/t gold.
Berrio
Berrio is strategically positioned in the Low Magdalena Region of Antioquia, Colombia, spanning 8,746 hectares within a prolific mining district with over 50 years of continuous medium-scale gold production. The region’s well-established infrastructure and active mining ecosystem significantly reduce development risk.
Berrio hosts mesothermal gold systems with gold-bearing quartz veins, breccias, and stockwork structures – typical of high-grade deposits.
Management Team
Alexandre P. Boivin - CEO and Director
Alexandre Boivin is an entrepreneur with more than 10 years of experience in corporate finance and Colombian mining. Through his extensive experience in the mining industry, corporate finance, capital markets and business development, Boivin has been instrumental in managing and funding early-stage companies through a network of partners and investors immersed in the capital markets. Under his leadership, Quimbaya Gold has secured significant investments to advance its exploration projects. His commitment to the company's growth is further demonstrated by his substantial shareholding in Quimbaya Gold.
Olivier Berthiaume - CFO and Director
Olivier Berthiaume is an accountant with over 12 years of experience working with early-stage companies in the Canadian markets. He holds a Bachelor of Business Administration from HEC Montreal and specializes in private-to-public market transactions, compliance, corporate governance, and corporate growth strategies. Berthiaume has held various director and officer positions in junior mining companies.
Ricardo Sierra – Vice-president of Exploration
Ricardo Sierra is a professional economic geologist with over 18 years of exploration experience across Colombia, Chile, Cuba, and Brazil, focused on orogenic, mesothermal, porphyry, epithermal, and stratabound deposits. He began his career with Anglo American, leading greenfield and brownfield exploration, including diamond drilling in Colombia.
Sierra refined his expertise in vein systems as exploration superintendent at Continental Gold (now Zijin Mining Group), working on the Buriticá deposit and regional programs across Chocó, Nariño, Cauca, and Antioquia. He holds a geology degree from Universidad de Caldas (2007), is a Qualified Person under NI 43-101, a Competent Person with Colombia’s CCRR, and a member of the Australian Institute of Mining and Metallurgy (MAusIMM).
Sebastian Wahl - Director
Sebastian Wahl brings over 15 years of experience in the mining industry, with a strong focus on precious metals trading, capital markets, and corporate development. Wahl has played a pivotal role in shaping Quimbaya Gold’s strategic direction and elevating its external positioning during a critical growth phase.
Dr. Stewart Redwood - Senior Technical Advisor
Stewart Redwood is a distinguished geological consultant with more than 40 years of experience in mineral exploration and economic geology, specializing in epithermal, porphyry and skarn deposits, particularly in Latin America and the Caribbean. His notable achievements include significant discoveries, including the San Cristobal silver-zinc deposit in Bolivia, the Romero gold-copper deposit in the Dominican Republic, and the Antamina copper-zinc project in Peru, recognized as the world's largest copper skarn deposit. Throughout his career, Redwood has held key positions in prominent mining and exploration companies, including as chief geologist Latin America for AngloGold Ashanti, founder president and CEO of GoldQuest Mining, and VP exploration of Colombia Goldfields (which merged with Gran Colombia Gold). He has been instrumental in the success of Gran Colombia Gold’s Marmato project (now owned by Aris Mining), currently an 8.8 Moz deposit in the construction stage.
Nicolas Lopez Villegas - Technical Advisor
A Colombian native, with over 28 years of experience focused in the mining district of Antioquia, currently the CEO of MINING BRAIN SAS, Nicolas Lopez, leads this consulting company advising on the implementation, development of sustainable mining projects all over Colombia. Prior to the establishment of his consultancy practice, Lopez spent 12 years as Colombia & Nicaragua's country manager for IAMGOLD, having devoted the previous 10 years with MINEROS SA as head of exploration & geology. Villegas played a pivotal role in major discoveries, including the first porphyry copper-gold deposit in the Colombian middle Cauca belt, known as Titiribi. a significantly rich gold-copper geological region. As a seasoned executive in gold exploration, Villegas holds a geology degree from Universidad de Caldas (Colombia), a Governance in Oil & Mining degree from Oxford University (UK) and he is a Qualified Person (QP).
Terence Ortslan - Advisor
Terence Ortslan is a seasoned resource executive with over 40 years of experience, having served in advisory capacities across the mining, metals, and fertilizer sectors. He provides guidance on investment and technical aspects of the industry, as well as strategic and policy advice tailored to mining companies. Additionally, Ortslan advises financial institutions on investment decisions, offers direction to international industry organizations, and consults with governments on fiscal and industrial regulations. He also supports universities in enhancing their educational standards and assists corporations with decision-making, boardroom leadership, shareholder value enhancement, and strengthening ES parameters. Ortslan holds a Bachelor of Engineering & Applied Geophysics and an MBA from McGill University.
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