$ICM.V

3 stories mentioning ICM.VUpdated 45m ago

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Iconic Minerals Sends Initial Drill Samples From New Pass Gold Project for Analysis

Iconic Minerals (ICM.V) said Friday that it has submitted core samples from the first six drill holes of its 2026 program at the New Pass gold property in Nevada for analysis.More than 1,900 feet of HQ core drilling has been completed from nine drill sites to date and all nine holes intersected the limestone unit that hosts the Carlin-type gold mineralization targeted by the program, added the company.The company has submitted samples from the first six drill holes to ALS for gold and silver analysis, while a few representative holes will also undergo multi-element analysis, it noted."The drill program at New Pass continues to advance as planned," said CEO Richard Kern. "Our team has streamlined core processing and sampling to move material to the laboratory efficiently while maintaining rigorous quality standards. American Drilling has done an excellent job under challenging drilling conditions typical of Carlin-type systems. We look forward to receiving the assay results and integrating them into our understanding of the deposit."

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Mining & Metals29d ago

Iconic Minerals Starts Drilling at the New Pass Gold Property in Nevada

Iconic Minerals (ICM.V) on Thursday said it launched an exploration-drilling program at its New Pass Gold Property in Nevada.The program is designed to test extensions of a mineralized zone that has already been defined over more than 3,000 feet of strike length and remains open along strike and at depth.New Pass is being explored under a joint venture agreement with McEwen Mining (MUX.TO) with Iconic serving as operator."We are excited to have drilling underway at New Pass as we target extensions of the mineralized zone," said chief executive Richard Kern. "Core recovery has been excellent, and the drilling is helping define the structure and alteration associated with the system. We have already identified a decalcified and silicified limonite-stained section that we believe represents the mineralized zone. Importantly, the geological characteristics intercepted to date appear analogous to Carlin-type mineralized structures found elsewhere in Nevada."Iconic Minerals shares were last seen up $0.005 to $0.085 on the TSX Venture Exchange.Price: $0.09, Change: $+0.01, Percent Change: +6.25%

$ICM.V

Mining & Metals42d ago

Iconic Minerals Up 10% After Starting First Phase of Exploration Program at New Pass Gold Property, Nevada

Iconic Minerals (ICM.V) shares rose 10% on Friday after completion of preparations for a major drilling program at the New Pass gold property in Churchill County, Nevada.American Drilling Corporation of Spokane, Washington, which has been contracted to provide HQ core drilling at New Pass, has mobilized its drilling equipment to the property and is expected to arrive within the next seven days, it said. New Pass is being explored under a joint venture agreement with McEwen Mining (MUX.TO) with Iconic as the operator.The exploration program will test extensions of the current resource and geophysical anomalies identified in a recent survey, the company said. The 2,140-hectare property is located along a prospective Carlin-type gold trend about 150 miles east of Reno.Shares of the company were last seen up $0.01 at $0.105 on the TSX Venture Exchange.Price: $0.11, Change: $+0.01, Percent Change: +10.53%

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