Apogee Minerals has entered into an agreement to acquire 100% interest in five mineral claims from Eagle Plains Resources, adjacent to the Knife Lake Copper Project. The transaction includes a cash payment, share issuance, and a 2.5% NSR royalty, expanding the company's total land position to approximately 37,220 hectares.
Apogee Minerals has closed an option agreement to acquire a 100% interest in the Knife Lake Copper Project in Saskatchewan, a VMS-style deposit. The company also filed an NI 43-101 technical report which incorporates recent 2021 and 2022 drill results and details a historical mineral resource estimate from 2019. The historical estimate includes 3.84 Mt Indicated at 1.02% CuEq and 7.90 Mt Inferred at 0.67% CuEq, but the drill core for verification was destroyed in a forest fire.
Apogee Minerals has closed an option transaction to acquire 100% interest in the Knife Lake Copper Project in Saskatchewan. The company also filed an NI 43-101 Technical Report which incorporates 2021 and 2022 drilling results but notes that the existing mineral resource is historical and not being treated as current.
Trident Resources Corp. has entered into an option agreement with Apogee Minerals for its Knife Lake Copper Project in Saskatchewan. The deal provides Trident with C$400,000 in cash, C$700,000 in equity, and C$1,000,000 in exploration expenditures while allowing the company to focus on its gold portfolio.
Apogee Minerals has entered into an option agreement to acquire a 100% interest in the Knife Lake Copper Project in Saskatchewan from Trident Resources. The transaction involves cash payments, share issuances, and minimum exploration expenditures, targeting an advanced-stage VMS deposit.
Ramp Metals reported a 21m multi-element intercept from the Rush-011 drill hole at the Rottenstone SW property. The intercept contains 0.80% Cu, 17.01 g/t Ag, and 0.73% Zn, marking the first completed hole of the company's winter drill program.
Murchison Minerals has commenced its 2025 exploration program at the BMK VMS Project in Saskatchewan, identifying high-grade copper-zinc mineralization through surficial mapping and backpack drilling. While visual estimates and XRF confirm mineralization, formal assay results are currently pending. A diamond drilling program is scheduled to begin in early October to target near-surface expansion.
Ramp Metals Inc. has confirmed a significant copper-zinc VMS discovery at its Rush target on the Rottenstone SW Saskatchewan property, reporting high-grade polymetallic intercepts from initial drilling. Key results include 1.21% Cu, 9.34% Zn, 5.59 g/t Ag over 3.53m in Rush-001 and 0.78% Cu, 1.91% Zn, 0.53% Pb, 12.71 g/t Ag over 27.00m in Rush-010, which represents a 165m step-out. The company plans further exploration, including ground geophysics and follow-up drilling, supported by over $5 million in exploration capital.
Ramp Metals has confirmed the presence of massive and semi-massive sulphides at its Rush target, suggesting potential VMS mineralization. Due to the successful results, the company is extending its drilling program at Rush to 19-20 holes. Laboratory assays from Bureau Veritas are pending.
Ramp Metals Inc. announced a new copper discovery at its Rottenstone SW property, highlighted by surface rock samples returning up to 1.61% copper, 0.79 g/t gold, and 113 g/t silver. The company is mobilizing for a geophysics program to refine drill targets at the new Rush target, as well as the Rogue and Ranger targets, with drilling anticipated in February. This release also re-stated a historical high-grade gold intercept of 73.55 g/t Au over 7.5m from the Ranger-01 drillhole.
