are garnets magnetic

Norden Crown Commences Field Exploration Program at Gumsberg Project, Southern Sweden

 
 

Norden Crown Metals Corp. ( " Norden Crown " or the " Company ") (TSXV: NOCR) (OTC: NOCRD) ( Frankfurt ; 03E) is pleased to announce the commencement of surface exploration at its 100% owned Gumsberg Project, located in the precious and base metal rich Bergslagen Province of southern Sweden (Figure 2).  The objective of the surface exploration is to enhance existing exploration drilling targets through mapping, sampling, and airborne geophysics at the Fredriksson Gruva target (" Fredriksson Gruva "), a Broken Hill Type (BHT) silver-zinc-lead prospect, where recent drilling delineated up to 13.60 metres of 6.05% zinc, 1.39% lead and 43.20 gt silver confirming the prospect's potential for expansion. (see Table 1, Figure 1 and Norden Crown news release dated March 1 2021)

 

  "Surface exploration work at Gumsberg will focus on expanding the current footprint of silver rich based metal mineralization at Fredriksson Gruva". Stated Patricio Varas , President and CEO of Norden Crown . "Broken Hill Type deposits have the potential to yield large tonnages from comparatively small drill footprints due to the high density of the mineralization, so we are conducting detailed geological mapping and tightly spaced airborne magnetic geophysics to delineate mineralization in advance of additional diamond drilling."  

 

  Table 1. Results from drilling at Fredriksson Gruva  

 
 
                                        
 

   Drill   

 
 

   Prospect   

 
 

   From   

 
 

   To   

 
 

   Length   

 
 

   Zinc   

 
 

   Lead   

 
 

   Silver   

 
 

   Hole   

 
 

   Name   

 
 

   (metres)   

 
 

   (metres)   

 
 

   (metres)   

 
 

   (%)   

 
 

   (%)   

 
 

   (g/t)   

 
 

  GUM-20-09  

 
 

  Fredriksson Gruva  

 
 

  123.70  

 
 

  134.05  

 
 

   10.35   

 
 

  5.24  

 
 

  1.84  

 
 

  43.86  

 
 

  GUM-20-10  

 
 

  Fredriksson Gruva  

 
 

  134.90  

 
 

  148.50  

 
 

   13.60   

 
 

  6.05  

 
 

  1.39  

 
 

  43.20  

 
 

  GUM-20-11  

 
 

  Fredriksson Gruva  

 
 

  151.85  

 
 

  160.00  

 
 

   8.15   

 
 

  3.83  

 
 

  0.503  

 
 

  18.13  

 
 
 

  *Insufficient drilling has been completed to definitively determine true thickness; true thickness is estimated to be between 90-95% for holes GUM-20-09 to GUM-20-11 based on angle to core axis and 3D interpretation.  

 
 

  CROSS-SECTION - 1A: Figure 1. A cross-section (looking north; 1A) and a longitudinal section (looking west; 1B) showing the stacked silver-zinc-lead mineralization at Fredriksson Gruva and key intercepts from Norden Crown's initial drilling in March 2021 (see NOCR News Release March 1, 2010). (CNW Group/Norden Crown Metals Corp.) 

 
 
 

  LONGITUDINAL -SECTION - 1B: Figure 1. A cross-section (looking north; 1A) and a longitudinal section (looking west; 1B) showing the stacked silver-zinc-lead mineralization at Fredriksson Gruva and key intercepts from Norden Crown's initial drilling in March 2021 (see NOCR News Release March 1, 2010). (CNW Group/Norden Crown Metals Corp.) 

 
 

  2021 Surface Exploration Program  

 

  The 2021 Gumsberg surface exploration program will focus mainly on expanding the footprint of BHT mineralization intercepted below the Fredriksson Gruva historical mine workings in March 2021 (see   Norden Crown news release dated March 1, 2021).  Geological mapping, sampling, and prospecting will be conducted in the vicinity of Fredriksson Gruva in advance of a high resolution   airborn e (UAV) magnetic geophysical survey which will be used to trace mineralization in the subsurface.  Precious metal enriched based metal mineralization at Fredriksson    Gruva is spatially associated with a broader horizon of highly magnetic iron and manganese-rich chemical sedimentary rocks. This thick magnetic sequence is geologically and geophysically distinctive and can be modeled in three dimensions using detailed magnetic data.  The surface and subsurface mapping efforts will increase the confidence in the existing drill targets at Frederickson Gruva and allow the Company to gain insight into the prospects' size potential .  

 

Mineralization at Fredriksson Gruva is folded, forming a moderate to steeply eastward-plunging open anticline.  BHT mineralization at Fredriksson Gruva is associated with extensive regional-scale magnetite-rich iron formation(s) with corresponding regional scale magnetic anomalies which Norden Crown also intends to further delineate in the subsurface using airborne magnetic geophysical surveys.  Regional magnetic geophysical data sourced from the Geological Survey of Sweden suggests that the prospective magnetic anomaly (and coincident magnetite-bearing iron formation) extends over 21 kilometres across the Gumsberg West Licence (southwest of Fredriksson Gruva) greatly enhancing the exploration potential for additional BHT discoveries (see Figure 2).

 

  About Broken Hill Type Deposits  

 

BHT deposits constitute some of the largest and highest-grade ore deposits in the world 1 . The namesake deposit, Broken Hill, is in Western Australia and represents the largest known accumulation of Ag, Zn, and Pb on Earth 1 .   BHT deposits constitute a distinctive type of stratiform, sediment hosted silver-zinc-lead mineral deposits.  They are characterized and distinguished from other silver-zinc-lead deposits by the chemistry of the sediment that host them and that they are usually associated spatially and temporally with volcanism.

 

Characteristic features of these types of deposits include:

 
  • High grade Ag + Zn + Pb mineralized ores
  •  
  • Metamorphic grades that range from upper greenschist to granulite facies
  •  
  • Paleoproterozoic oxidized clastic metasedimentary host rocks in the absence of metamorphosed carbonates/calcsilicate horizons
  •  
  • Spatially associated with bimodal (felsic and mafic) intrusive and volcanic rocks, and stratabound gahnite- and garnet-bearing rocks and iron formations
  •  
  • Stacked orebodies with characteristic Ag:Zn:Pb ratios and skarn-like (generally pyroxenoid dominated) Fe-Mn-Ca-F gangue assemblages
  •  
  • Sulfur-poor assemblages
  •  
 

  Figure 2. The location of the Fredriksson Gruva BHT deposit with the greater ~ 21 kilometre long BHT prospective magnetic anomaly. (CNW Group/Norden Crown Metals Corp.) 

 
 

A spatial relationship with continental rifts and an association with magnetite iron formations is considered important to the genesis of BHT deposits and can be used to vector toward additional BHT mineralization along the +21 kilometre belt of prospective host rocks (see Figure 2).  In addition, the association of manganiferous garnets (spessartine) and anomalous base metals in these deposit types will be used to help to evaluate the numerous prospective iron formations in the belt for their potential to host BHT deposits.

 

  References  

 
 
 
 

   1 Spry, P.G., and Teal, G.S., 2021.  A classification of Broken Hill-type deposits: A critical review, Ore Geology Reviews, Volume 130, March 2021, 103935  

 
 
 

  References to other Mines and Deposits  

 

References to other mines and deposits made in this news release provide context for the Fredriksson Gruva and Gumsberg Project, which occurs in a similar geologic setting, but this is not necessarily indicative that the projects host similar grades and tonnages of mineralization.

 

  About Norden Crown Metals Corp   .  

 

  Norden Crown is a mineral exploration company focused on the discovery of silver, zinc, copper, and gold deposits in exceptional, historical mining project areas spanning Sweden and Norway.  The Company aims to discover new economic mineral deposits in known mining districts that have seen little or no modern exploration techniques.  The Company is led by an experienced management team and an accomplished technical team, with successful track records in mineral discovery, mining development and financing.

 

  Qualified Person  

 

  Patricio Varas , P.Geo, a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has read and approved all technical and scientific information contained in this news release.

 

  On behalf of Norden Crown Metals Corp.  

 

  Patricio Varas , Chairman and CEO

 

  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

  Cautionary Note Regarding Forward-Looking Statements  

 

This news release contains certain statements that may be deemed "forward–looking statements".  Forward–looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.  Forward-looking statements may include, without limitation, statements relating to future outlook and anticipated events, such as the successful completion of the by the Company. surface exploration program on the Gumsberg Project or that such exploration program will result in an expansion of the current footprint of the mineralization Although Norden Crown believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward–looking statements.  Such material risks and uncertainties include, but are not limited to, Norden Crown's ability to raise sufficient capital to maintain its mineral tenures and concessions in good standing, to conduct its exploration program on the Gumsberg Project as currently contemplated, to repay its debt and for general working capital purposes; changes in economic conditions or financial markets; the ability of Norden Crown to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to Norden Crown plans and business objectives for the projects; the general ability of Norden Crown to drill test its projects and find mineral resources; if any mineral resources are discovered or acquired, the Company's ability to monetize any such mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations. Forward–looking statements are based on the reasonable beliefs, estimates and opinions of Norden Crown management on the date the statements are made. Except as required by law, Norden Crown undertakes no obligation to update these forward–looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

 
 
 

SOURCE Norden Crown Metals Corp.

 

 

 

 Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/July2021/26/c4316.html  

 
 

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WESTERN COPPER AND GOLD PROVIDES UPDATE ON ESE SUBMISSION

WESTERN COPPER AND GOLD PROVIDES UPDATE ON ESE SUBMISSION

 
 

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to provide an update on its Environmental and Socio-economic Effects Statement ("ESE Statement") submission for the Casino Project (the "Project").

 
 

  Western Copper and Gold Corporation Logo (CNW Group/Western Copper and Gold Corporation) 

 

The ESE Statement incorporates extensive technical work, including environmental and socio-economic baselines studies and assessments. Western is pleased with the progress to date and the level of consultation achieved thus far with First Nations and communities. The feedback from this engagement is making the Project stronger, and we look forward to continuing and intensifying these efforts during the assessment process. The Company expects to deliver its ESE Statement to the Yukon Environmental and Socio-economic Assessment Board ("YESAB") before the end of October.

 

"The Western team and our external consultants have been working diligently on the Project ESE Statement" said Sandeep Singh , President & CEO. "There is an incredible amount of work that has already gone into the Project. We are now in the final stages of compiling and refining this body of work into our submission.

 

The Company is the first to undertake a Panel Review in the Yukon , the highest level of rigor of any project assessed in the territory. We welcome that oversight and believe, more than ever, that the Project can be advanced sustainably and for the benefit of all Yukoners.

 

As one of Canada's largest and most advanced critical minerals projects, we are uniquely positioned to benefit from Yukon and Federal priorities around resource security, Arctic sovereignty, and nation-strengthening infrastructure."

 

  ABOUT western copper and gold corporation  

 

 western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

 

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

 

For more information, visit www.westerncopperandgold.com .

 

On behalf of the board,

 

  "Sandeep Singh"  

 

  Sandeep Singh  
President and CEO
western copper and gold corporation 

 

   Cautionary Note Regarding Forward-Looking Statements   

 

  This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the timing of the ESE Statement submission and expectations about the assessment process.  

 

  Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino project, potential impacts on operational continuity, changes in general market conditions that could affect the Company's performance; and other risks and uncertainties disclosed in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.  

 

  Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure document.  

 

  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company's views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.  

 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/western-copper-and-gold-provides-update-on-ese-submission-302504836.html  

 

SOURCE western copper and gold corporation 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/15/c9794.html  

 
 

 

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  **NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**  

 

TSXV: DMCU,OTC:DMCUF; OTCQB: DMCUF; FSE: 03E) reports that, pursuant to their news release dated May 27, 2025, they have requested a 30-day extension to the non-brokered private placement (the "Placement"). The terms of the Placement remain the same. The Company confirms there are no material changes.

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FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") announces that the board of directors of the Company has approved the grant of 5,305,000 stock options (the " Options ") to directors, officers and employees of the Company pursuant to the Company's Share Compensation Plan. The Options have an exercise price of $0.30 per share, with a five-year term and are fully vested on the grant date, July 10, 2025 .

 
 

  FPX Nickel logo (CNW Group/FPX Nickel Corp.) 

 

The Company also granted an aggregate 750,000 restricted share units (the " RSUs ") to certain officers of the Company. The RSUs vest in three equal installments on the annual anniversaries of the grant date and each vested RSU will entitle the holder to receive one common share of the Company or the equivalent cash value upon settlement.

 

  About FPX Nickel Corp.  

 

 FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

 

On behalf of FPX Nickel Corp.

 

"Martin Turenne"
Martin Turenne , President, CEO and Director

 

   Forward-Looking Statements   

 

  Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.  

 

SOURCE FPX Nickel Corp.

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/11/c5569.html  

 
 

 

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