Black Canyon Limited’s Post

We are pleased to be advising on forward initiatives around Kincora Copper Limited's very significant copper-gold asset portfolio in the world-class Southern Gobi copper belt, Mongolia. This region is a rapidly emerging source of new copper supply and with an existing 426Kt copper and 437Koz gold resource inventory, plus significant exploration target, on a small portion of one of three underexplored porphyry complexes, this portfolio offers genuine Tier-1 potential. Coupled with a fully operational mining camp, Mongolia based team on the ground and large scale walk up drill targets (both green and brownfield) the portfolio offers unique leverage to the copper price moving forward and it would be hard to find a better in-country entrée than this on a global basis.   Key highlights include: • 100% interest and district-scale project portfolio (175sqkm) • Three underexplored, large and near surface porphyry intrusive complexes (smallest > 2.5 x 4.5km) • Maiden 194Mt JORC Mineral Resource Estimate and further 100-300Mt exploration target on a small, and considered less prospective, section of one of these intrusive complexes • Oxide resource on a mining license offering near term development potential • Established in-country team of experienced geologists with supporting infrastructure and Ulaanbaatar office • Year-round field camp • One of, if not the largest, proprietary databases held by a western group for new opportunities in Mongolia A high impact, modest cost 2024 field program is proposed, including resource expansion and new discovery drilling, coupled with gaining a second mining license and advancing desktop studies for an open cut oxide development project. This opportunity presents as a potential ‘company maker’ for the right group. With Kincora’s focus on progressing their core Australian assets there is flexibility for how new groups might be involved in taking the opportunity forward.   A comprehensive slide deck is available at https://lnkd.in/gxJ_gfJY

B2Gold in new Namibia gold resource discovery   B2Gold Corp. says exploration drilling results at the Otjikoto Mine's Antelope deposit in Namibia, yielded positive results, indicating significant potential for the development of a new underground mine.   The miner’s Chief Executive Officer, Clive Johnson, said the positive findings from the Antelope deposit, which includes the Springbok and Oryx Zones, indicate a significant opportunity for expanding gold production in the region.   "These positive drill results from the Antelope deposit indicate there is potential for a possible underground development to supplement the processing of stockpiles through 2031, with the goal of increasing Otjikoto gold production levels to over 100,000 ounces per year from 2026 through 2031," he said.   Despite the new findings, the phased closure of its Otjikoto Mine due to limited gold deposits in its open pit mine will commence during the first quarter of 2024 and will not be affected. https://lnkd.in/dfmFuB4B #namibia #gold #exoploration #goldmine Namibia Investment Promotion and Development Board (NIPDB) Chamber of Mines Namibia John Roos #undergroundmine

🇨🇦 ⛏️ Noble Mineral Exploration (TSX-V: NOB) and Canada Nickel Company (TSX-V: CNC) Announce Spin-out of Mann Twp JV and Acquisition of Eastern Exploration Properties Highlights 🔸Noble has exercised all underlying options with Optionors on the Mann Twp properties 🔸Consolidation of the Canada Nickel-Noble joint venture in Mann Township into a single private company for a future public listing 🔸Transfer by Canada Nickel of several exploration properties east of Timmins 🔸Transfer by Noble of several mining claims and patented mineral properties to Canada Nickel, as well as the right acquire surface rights that could be used within and around the Crawford Project 🔸Provision of certain non-dilutive exploration funding requirements to be provided to the private company by Canada Nickel 🔸Both Canada Nickel and Noble will retain their respective NSR’s and NSR buy back rights where applicable Vance White, CEO of Noble said, “We felt that consolidating the eastern properties into a separate exploration company would maximize the value of the Mann Twp properties without incurring significant upfront dilution to Noble, and at the same time gain exposure to additional identified nickel sulphide targets in the Timmins camp in which Noble currently has no interest. ExploreCo will control ~1,989 mining claims totaling over 42,000 ha and will include Reaume, Mann and Newmarket Townships as well as McCool, Moody, Galna and other properties currently held by Canada Nickel. Noble will vend its interest in Project 81, together with the right to acquire surface rights over Project 81. For properties transferred from Noble to Canada Nickel, Noble will retain a 5-year exploration right to any non-nickel exploration target therein. This 5-year exploration right will be subject to an annual exploration right thereafter upon both parties’ consent. Noble intends to use its best efforts so that -upon ExploreCo going public, a portion of Noble’s holdings in ExploreCo will be distributed to Noble shareholders in order that they may have a direct benefit as ExploreCo advances all underlying properties to the development stage, although that is a future event and we cannot provide any assurances that this will be done”. 📈TSX-V 🇨🇦 NOB - OTCQX 🇺🇸 NLPXF - FRA 🇩🇪 NB7📈 #Nickel #Mining #Exploration #Canada #Basemetals #CriticalMinerals #BatteryMetals #Miningstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #TSXV #Stocks #Resource #Investing #Juniormining For more information visit https://lnkd.in/gF9i8Z95

🚨High-Grade, Shallow Depth Lithium Brine Assay Results Pursuit Minerals Ltd (ASX: PUR) (“PUR”, “Pursuit” or the “Company”) is pleased to provide the following update on its maiden Stage 1 Drilling Program with the first results and assay samples from drill hole 1 (“DDH-1”) on the Maria Magdelena tenement. In relation to the progress of DDH-1 at the RGS Project, Pursuit Managing Director & CEO, Aaron Revelle, said: “The initial results from DDH-1 are particularly sensational as we progress our initial exploration phase of the Rio Grande Sur Project. With these initial intercepts we are continuing the significant advancements we have made in our understanding of the RGS Project mineralisation, with the results commencing to demonstrate the potential significant scale of the project. With outstanding high grade brine intercepts at depths of 100-130m and continuing to 500m with grades above 600mg/L at shallow depths, the project is exceeding our expectations. “We continue to progress with permitting for the drilling program in the north of the Rio Grande Sur Project, which we intend to include in our Stage 1 program works as we target a significant mineral resource upgrade. This is in addition to works at our Lithium Carbonate Pilot Plant which remains on track to produce our first Lithium Carbonate in the coming months, with Pursuit having already received multiple requests for product samples from potential off-take partners.” Read the announcement here: https://bit.ly/3VjAyZj #lithium #exploration #criticalminerals #Argentina #mining #batterymetals #investingnews #asxnews #PUR #stockstowatch

$ZNC - Zenith Minerals is pleased to report that exploration is to re-commence at the Company’s 100% owned #lithium projects in Western Australia following a strategic review of its lithium business. Under the former 2022 farm-in agreement, approximately A$9.3M was spent by EVM on Zenith’s two Western Australian lithium projects - Split Rocks and Waratah Well. Most of the work under the farmin was completed in 2022 with no drilling undertaken during 2023. Zenith shareholders are the beneficiaries of the significant amount of funds spent that saw 23,000m of drilling and over 15,000 2 geochemical samples completed across the two Zenith projects, culminating in the discovery of the Rio lithium deposit and definition of a 11.9Mt @ 0.72% Li2O Maiden Mineral Resource (ASX Release 28 Sept 23) at Split Rocks and high-grade lithium mineralisation defined at the Waratah Well project. Managing Director Michael Clifford commented: “I’m pleased to announce the conclusion of the strategic review of Zenith’s lithium business and advise that the Company will now proceed with initially drill testing six high-priority targets on the 100% owned Split Rocks project in Western Australia. These drill targets include 1km step out drilling northwest of the Rio Lithium Mineral Resource and 5 other key targets beyond the Rio deposit, including the undrilled 9km long Cielo geochemical anomaly. These drill targets are explained in some detail in the accompanying Company presentation titled “2024 Lithium Forward Program” released to ASX today.” Although there was interest in Zenth’s lithium assets from various strategics, the feedback from several parties was that they were looking for more advanced projects, but they strongly indicated that as the projects are advanced, they would consider re-engaging. The opportunity now is for the Company to progress our high-quality lithium projects with additional work, and then reassess our position in 6 to 12 months’ time.” Read more: https://lnkd.in/g3T8NZ9p $ZNC Michael Clifford Christopher Shanley Andrew Grove

Kenorland Minerals Ltd. (KLD-V)   Kenorland Minerals receives UL 2723 ECOLOGO certification for mineral exploration companies   Kenorland, on February 26, 2024, announced that is has received UL 2723 ECOLOGO® Certification for Mineral Exploration Companies ("UL ECOLOGO®"). The certification confirms Kenorland’s ability to have better relationships with its stakeholders, contributing to the social acceptability of its portfolio of projects. The UL ECOLOGO® is a comprehensive certification for mineral exploration companies and its service providers to ensure the highest standard of responsible environmental and social practices.   Kenorland's exploration strategy is to diligently advance greenfields projects through systematic, project-wide, phased exploration surveys financed primarily through exploration partnerships including option to joint venture agreements. Kenorland holds, among other, a 4% NSR royalty on the Frotet Project in Québec which is owned by Sumitomo. The Frotet Project hosts the Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo Metal Mining Canada Ltd. in 2020 (see:   https://lnkd.in/eu4ef73H and https://lnkd.in/ekVAA5Je).       See end of: https://lnkd.in/eCMrpXbS     https://lnkd.in/eJq92GY2 #ecologo #exploration #discovery

Titan Minerals Ltd (ASX:TTM) (OTC:TTTNF) has unearthed more #gold mineralisation in trench sampling at the Tomahawk gold discovery, part of the Dynasty Gold Project in Ecuador. Tomahawk is a newly discovered target, identified earlier this year with reconnaissance soil sampling, and is yet to be tested by the drill bit. Trenching has produced a sample of 5 metres at 5.0 g/t gold and 20.6 g/t silver at the discovery, with a higher-grade portion of 2 metres at 11.2 g/t gold and 33 g/t silver. The results from Tomahawk follow high-grade trenching results from the Iguana prospect, also outside the current mineral resource, of up to 3 metres at 21.4 g/t gold and 14.1 g/t silver. “It’s exciting that our exploration efforts are being rewarded with high-grade gold results from trenching in several of our newly identified exploration targets at the Dynasty Gold Project,” Titan Minerals CEO Melanie Leighton said. More at #Proactive #ProactiveInvestors #ASX #TTM #MiningAustralia #GoldMining #GoldStocks http://ow.ly/sMEv105MOPT

🔔 Adelong Gold Ltd (ASX:ADG) September 2024 Quarterly Activities Report 🔗 https://bit.ly/3Uwz7G9 **Adelong Gold Project** 🥇 Soil Sampling Success: 46 samples north of Currajong show arsenic, antimony, and significant gold, with peak results at 3.03 and 1.39 g/t Au, indicating new drill targets NW of Adelong Mill. 🥇 Drilling Plans: Sampling has outlined target zones for drilling to expand resources at Challenger, Currajong, and Caledonian deposits. 🥇 Farm-in Agreement with Great Divide Mining Ltd (ASX:GDM): GDM to acquire up to 51% in Adelong Gold Project by investing $300,000 and reaching gold production within 12 months; ADG retains 49%. 🥇 Operational Support: GDM will supply equipment and expertise for a timely restart of Adelong Gold Plant. **Brazilian Critical Minerals Projects** 🔋 Phase 2 Exploration Completion: Successfully finished early-stage exploration at Paraiba with 56 stream sediment samples and 7 rock chip samples analysed. 🔋 Lithium and REE Indicators: Identified lithium-bearing pegmatites and key rare earth elements, signalling high exploration potential. 🔋 Further Exploration Planned: A follow-up program will expand and refine lithium and REE anomalies in target areas. 🔋 Strategic Expansion: Paraiba licenses strengthen Adelong Gold's position in Brazil, with ongoing evaluations of additional Brazilian opportunities. #mining #gold #criticalminerals #batterymetals #MiningStocks

IVANHOE ANNOUNCES THE DISCOVERY OF 21 MILLION TONNES OF MINERAL RESOURCES WITH A GRADE OF 3.56% COPPER IN MAKOKO AND KIALA Ivanhoe Mines Co-Executive Chairman Robert Friedland and President Marna Cloete announced on Monday, November 13, that the first independent mineral resource estimates for the high-grade Makoko and Kiala deposits within the Western Foreland exploration project by Ivanhoe. A press release from this Canadian company, operating in the province of Lualaba, reports the discovery. Makoko and Kiala are two distinct discoveries adjacent to the Kamoa Copper S.A. complex, continuing Ivanhoe’s distinguished track record of first-time discoveries in this uniquely rich geological terrain. Both deposits are within the 2,407 square kilometer Western Foreland exploration project, adjacent to the 400 square kilometer Kamoa-Kakula copper complex in the Democratic Republic of Congo. The Western Foreland permits are 80% to 100% owned by Ivanhoe Mines... Read more on the link below; https://lnkd.in/dRSK6j3m

We are pleased to announce we have entered an option agreement to purchase up to 80% of two additional exploration licenses at the Lake Johnston pegmatite field in Western Australia’s southern Goldfield’s region. Asra has a 6 month exclusive option period to evaluate the two license areas and if proceeding, will own 51% and commence a JV with the vendor with the rights to increase to 80% ownership. Asra's Managing Director Rob Longley said "recent lithium bearing pegmatite discoveries, and investment by Rio Tinto into the Lake Johnston area, validates the districts enormous critical mineral potential, and its vastly under-explored status." Read the full announcement below 👇 https://lnkd.in/gnajKJRa #exploration #mining #lithium #westernaustralia #goldfields