Mining News in Chile

Grafton Resources Inc.
Grafton Resources Inc.
GFT.CN
Chile

Grafton Resources Enters Into Exclusive Option Agreement to Acquire 100% of the Poseidon Gold-Silver-Copper and Jabali Gold Projects in Chile from Newmont

Grafton Resources has secured an exclusive option to acquire 100% of the Poseidon Gold-Silver-Copper and Jabali Gold Projects in Chile from Newmont. The Poseidon project, contiguous with Grafton's existing Alicahue project, shows historical polymetallic drill intercepts including 5.4m at 1.4 g/t Au, 20 g/t Ag, 0.56% Cu, 0.14% Pb, and 0.66% Zn. The Jabali project is an undrilled, large-scale high-sulfidation gold target. The acquisition involves cash and share considerations, plus milestone payments and NSR royalties, significantly expanding Grafton's exploration portfolio in Chile.

View story
Fitzroy Minerals Inc.
Fitzroy Minerals Inc.
FTZ.V
Copper
Chile
Metallurgical Results

Fitzroy Minerals Reports Copper Recoveries of up to 82.6% from Mini-Column Testing, with Preliminary Larger-Scale Results Trending Higher, at the Buen Retiro Copper Project, Chile

Fitzroy Minerals announced positive initial metallurgical test results from its Buen Retiro Copper Project in Chile, with mini-column heap leach recoveries reaching up to 82.6% for mixed material after 21 days, alongside low-to-moderate acid consumption. Preliminary 1-metre column tests are trending higher, projecting recoveries up to 95% for mixed material after 70 days. The company also noted favorable rock hardness and abrasiveness, which should positively impact crushing costs, and plans to incorporate these results into a PFS for Q2 2027.

View story
Fitzroy Minerals
Fitzroy Minerals
FTZ
Chile

Fitzroy Puts a 3 to 4 Times Re-Rate on Studies, Not Drill Grade

Fitzroy Minerals has outlined a technical milestone calendar for its Buen Retiro project in Chile, targeting a 3- to 4-times valuation re-rate through the delivery of metallurgy, resource, and economic studies. The program is supported by a funding arrangement with Pucobre via a letter of intent, which aims to recover 90% of expenditures to fund work through to a Pre-Feasibility Study.

View story
Tintina Mines Limited
Tintina Mines Limited
TTS
Atacama Region, Chile

Tintina Mines Announces Commencement of Drilling at the Dos Amigos Project in Chile

Tintina Mines has commenced a 40,000-metre diamond drilling program at the Dos Amigos project in Chile to convert Inferred resources to the Indicated category. The company also announced the appointment of Richard Leclerc as General Manager for its Chilean subsidiary.

View story
Tintina Mines Limited
Tintina Mines Limited
TTS.V
Atacama Region, Chile

Tintina Mines Announces Commencement of Drilling at the Dos Amigos Project in Chile

Tintina Mines has commenced a 40,000-metre diamond drilling program at the Dos Amigos project in Chile to convert Inferred resources to Indicated. The company also announced the appointment of a new General Manager for its Chilean subsidiary and provided details of the existing copper-gold mineral resource estimate.

View story
Marimaca Copper
Marimaca Copper
MARI
Copper
Chile

Marimaca Enters Final Due Diligence on a 2027 Copper Build With 3 Lenders

Marimaca Copper has narrowed its debt financing search for the Marimaca Oxide Deposit (MOD) in Chile to three senior secured lenders currently conducting technical due diligence. The project, a permitted open-pit heap leach, features strong economics including a 31% IRR and 2.5-year payback at a $4.30/lb copper price, with construction targeted for 2027.

View story
Norsemont Mining Inc.
Norsemont Mining Inc.
NOM
northern Chile

Norsemont Hits 41 Meters of 4.59 g/t Gold as Phase 3 Drilling Continues to Expand the Choquelimpie System

Norsemont Mining reported significant high-grade gold results from its Phase 3 drilling at the Choquelimpie project in Chile, highlighted by a 41m intercept at 4.59 g/t Au in hole DD13. The drilling is successfully expanding mineralization into areas not covered by the 2025 resource model and identifying three distinct mineralization styles.

View story
Norsemont Mining Inc.
Norsemont Mining Inc.
NOM.CN
northern Chile

Norsemont Hits 41 Meters of 4.59 g/t Gold as Phase 3 Drilling Continues to Expand the Choquelimpie System

Norsemont Mining reported significant high-grade gold results from its Phase 3 drilling at the Choquelimpie project in Chile, highlighted by a 41m intercept at 4.59 g/t Au in hole DD13. The drilling is expanding the mineralized footprint into areas not previously covered by the 2025 resource model and has identified three distinct styles of gold mineralization.

View story
San Lorenzo Gold Corp.
San Lorenzo Gold Corp.
SLG.V
Atacama Region, Chile

San Lorenzo Outlines New ~2 Km Gold-Bearing Corridor And Expands San Juan Target Footprint

San Lorenzo Gold Corp. has identified a new ~2 km gold-bearing structural corridor at the Quebrada Salada target within its Salvadora Project in Chile, with surface sampling returning up to 12.80 g/t Au. The company also reported an expanded geophysical footprint at the San Juan discovery and confirmed that drilling is currently underway at Cerro Blanco.

View story
Mogotes Metals Inc.
Mogotes Metals Inc.
MOG
Argentina and Chile

Mogotes Metals Unlocks Two Copper-Gold Systems at Filo Sur with 20,000 meters Drilling Planned Through 2027

Mogotes Metals has reported two new discoveries, the Albor breccia and Cruz del Sur porphyry, at its Filo Sur project in the Vicuña district. The company also closed a $15 million strategic investment from Rio Tinto and plans to expand its drilling program to 20,000 meters through 2027.

View story