Argyle Resources Stock Price, News & Analysis

Argyle Resources Corp. (ARLYF) has completed phase 1 of its lithogeochemical and mineral characterization campaign at the Matapédia property in Quebec. The company analyzed 157 rock samples through various methods including photography, density measurements, magnetic susceptibility, colorimetry, and hyperspectral reflectance analysis. The program, conducted with INRS, aims to identify high-purity silica zones. Additional work included portable XRF analyses to detect silica impurities and the processing of bulk samples (one 150 kg and four 25 kg) for particle size distribution and mineralogical testing. The company also completed a comprehensive study of 216 samples from 11 distinct lines intersecting quartzite outcrops to evaluate industrial silica potential and inform future quarry site selection.

Argyle Resources has secured an option agreement to acquire a 100% interest in the Clay Howell Rare Earths project in northern Ontario, Canada. The project, located 50 km north-northeast of Kapuskasing, consists of 10 contiguous mining claims covering 160 hectares.

The property has a history of exploration, with significant drilling campaigns in 2010-2011 totaling 7,586.5 meters across multiple holes. The site is easily accessible via all-weather roads and features a historical camp setup.

The acquisition terms include:

• Total cash payments of CAD $84,000 over three years
• 320,000 common shares issued in two installments
• 1.5% NSR royalty with a buyback option to 1% for $500,000

The project is situated within the Clay-Howells Alkalic Rock Complex, comprising syenitic rocks intruding Early Precambrian aged gneisses, with potential for Niobium and Rare Earth Element mineralization.

Argyle Resources Corp (OTCQB: ARLYF) has announced its Phase 1 exploration program at the Matapedia Silica Project in Québec, Canada. The program, set to begin Summer 2025, will work concurrently with ongoing research by the Institut National de la Recherche Scientifique (INRS).

The exploration program includes:

• GIS-based preliminary purity mapping using XRF analysis
• Detailed prospecting and collection of 130 chip samples
• Integration of field and lab data to identify high-purity zones
• Analysis of samples by ISO certified assay laboratory

The company plans to utilize its pilot plant facility and leverage operational efficiencies due to the project's proximity to their Saint Gabriel Silica Project. Additionally, Argyle has granted 250,000 stock options to a director at an exercise price of $0.56 per share, vesting after four months and exercisable for five years.

Argyle Resources Corp (CSE: ARGL) (OTCQB: ARLYF) has announced the initiation of its first exploration phase on the Bovill Silica Project in Idaho. The company is implementing advanced satellite-based mineral exploration techniques, including Long-Wave Infrared (LWIR) and Short-Wave Infrared (SWIR) analysis to identify high-priority targets.

The exploration program encompasses:

• LWIR Survey covering 2,500 sq. km Area of Interest
• SWIR Gas Survey expanding over 11,000 sq. km using Sentinel satellite tiles
• QDFC Fingerprint Mapping for metallic and quartzite occurrence prediction

The company has engaged the same group currently conducting satellite-based mineral exploration on its Québec properties. CEO Jeff Stevens noted that the positive initial feedback from their Québec remote sensing program influenced this decision, allowing digital exploration work to proceed while awaiting BLM claims application finalization.

Argyle Resources Corp (CSE: ARGL, OTCQB: ARLYF) has engaged Stronghold Mining Services to conduct Phase 1 exploration at the Saint Gabriel Silica Project in Quebec. The program will include:

• XRF analysis to assess silica purity
• GIS-based purity mapping
• Prospecting and chip sample collection
• 150 lbs bulk sample extraction from target zones

The project's strategic location near Argyle's Matapédia Project offers operational efficiencies and cost reduction benefits. The company will utilize its pilot plant facility, currently used by INRS for other Quebec projects, for processing materials from Saint Gabriel. The exploration program is set to begin immediately, with results guiding future exploration and development activities toward production.

Argyle Resources (CSE: ARGL) (OTCQB: ARLYF) has announced a significant board change with the appointment of George Yordanov as a new director, replacing Amanpreet Gill. Yordanov, a Professional Geologist and Qualified Person, brings over 15 years of management and exploration expertise to the board.

Yordanov holds an M.Sc. in Economic Geology with a specialization in Structural Geology. His impressive track record includes contributions to major grassroots discoveries for industry leaders like Osisko Mining ($1.23B market cap), Sumitomo Metal ($9.6B market cap), and Dundee Precious Metals ($3.25B market cap). He previously served as Chief Geologist of Materials Testing at Englobe Corp., overseeing industrial materials and quarry certification in Québec.

Argyle Resources Corp (CSE: ARGL) (OTCQB: ARLYF) has announced the launch of an advanced satellite-based mineral exploration program for its four silica projects in Quebec: Matapedia, St. Gabriel, Lac Comporte, and Pilgrim Island.

The program will utilize cutting-edge remote sensing technologies including:

• Long-Wave Infrared (LWIR) spectral analysis using Aster satellite data for 90m resolution mineral mapping
• Short-Wave Infrared (SWIR) hyperspectral analysis providing 10m resolution mineral mapping
• Quadratic Discriminant Function Classifier (QDFC) for precise silica and metallic mineral fingerprint mapping
• SWIR gas detection for mapping helium, hydrogen, methane, carbon dioxide, and radon

The scope includes LWIR surveys covering 1,000 sq. km for each project and SWIR gas surveys spanning 33,000 sq. km. Deliverables will include georeferenced mineral and gas intensity maps, overlap mapping of metallic TVM targets, and comprehensive technical reports.

Argyle Resources (OTCQB: ARLYF) has released exploration results and filed an updated Technical Report for its Frenchvale Graphite Property in Nova Scotia. The report includes findings from IP geophysical surveying and diamond drilling conducted between September-October 2024.

Key exploration highlights include:

• 12.9 kilometers of IP and resistivity completed over the Main Zone
• 425 meters of diamond drilling across four drill holes
• Notable intercepts including 2.56% graphitic carbon over 4.15 meters and 1.80% graphitic carbon over 8.82 meters

The Main Zone contains high-purity, large-flake graphite mineralization within graphitic marble and schist host rocks. Analysis shows an average of 9.2% graphite in medium or coarse size fractions, with 14.5% of graphite flakes in marble samples showing 90-99% liberation upon grinding. The company recommends a multi-phase exploration program to further assess the deposit's potential.

Argyle Resources Corp (OTCQB: ARLYF) has announced the filing of 22 mineral lode claims near Bovill, Idaho, through its exploration partner Rangefront Mining Services. The claims, collectively named the Bovill Silica Project, are located in an area known for silica and feldspar deposits, including a historical feldspar quarry.

The company has completed a non-brokered private placement raising $300,000 through the issuance of 555,555 units at $0.54 per unit. Each unit includes one common share and one warrant exercisable at $0.65 for 24 months. Additionally, Argyle has granted 600,000 stock options to a consultant and 1,250,000 restricted share units to directors, officers, and consultants.