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Powermax Minerals Completes Phase 2 Fieldwork at the Cameron Rare Earth Element (REE) Project, British Columbia
Newsfile· 2025-11-25 11:00
Core Insights - Powermax Minerals Inc. has successfully completed its Phase 2 exploration field program at the Cameron Rare Earth Element (REE) Project in British Columbia, following positive results from Phase 1 that confirmed the presence of rare earth mineralization [1][9]. Phase 2 Fieldwork Summary - The Phase 2 program involved geological mapping, systematic rock sampling, and extensive geochemical surveys, with a total of 100 soil samples, 100 stream sediment samples, and 29 rock samples collected for analysis [2][8]. - Analytical work is being conducted by Agat Laboratories in Calgary, Alberta, which is ISO/IEC 17025:2017 accredited, ensuring quality assurance and control protocols during sample preparation and analysis [8]. - The data from this program will be integrated with previous geological and geophysical results to refine the geochemical model and identify new priority drill targets for future exploration [8]. CEO's Comment - The CEO of Powermax Minerals Inc., Paul Gorman, emphasized that the completion of Phase 2 fieldwork is a significant milestone for the Cameron Project, providing a comprehensive dataset to evaluate rare earth element distribution patterns across the property [9]. About the Cameron REE Project - The Cameron REE Project spans approximately 2,984 hectares in the Kamloops Mining Division, British Columbia, and is located within the Monashee Group, known for hosting REE-bearing pegmatites and carbonatite zones [10]. - Rare earth mineralization in the area is associated with shear zones and structurally controlled pegmatitic intrusions enriched in both light and heavy rare earth elements [10]. About Powermax Minerals Inc. - Powermax Minerals Inc. is a Canadian mineral exploration company focused on advancing rare earth element projects, holding options to acquire multiple properties, including the Cameron REE Property and the Atikokan REE Property in Ontario [12].
STLLR Gold's Hollinger Tailings Project Maiden Mineral Resource Estimate Provides A Strong Foundation for Exploring Future Short-Term Development Under Ontario's New Recovery of Minerals Regime
Newsfile· 2025-11-25 11:00
Core Insights - STLLR Gold Inc. has announced a maiden Mineral Resource Estimate (MRE) for its Hollinger Tailings Project, indicating a significant step towards potential cash flows and environmental remediation [2][3][4] Mineral Resource Estimate Summary - The Hollinger MRE includes a total of 412,000 ounces of gold in the Indicated category and 93,000 ounces in the Inferred category, with an average grade of 0.35 g/t Au [5][6] - Phase 1 of the project has an estimated 16.1 million tonnes at a grade of 0.41 g/t Au, containing 212,000 ounces of gold [5][6] - The resource estimate is based on 11,230 meters of sonic drilling from 423 holes, with 82% of the mineralization classified as Indicated [15][20] Business and Development Strategy - The company aims to generate near-term cash flow with minimal capital intensity due to existing infrastructure and high metallurgical recoveries from tailings [3][4] - STLLR has initiated permitting under Ontario's new Recovery of Minerals Regime, designed to expedite the development of such projects [3][18] - The company is exploring mining sequence analysis and operating scenarios tailored to Phase 1 to position it as the starting point for future production [3][4] Community and Environmental Impact - The Hollinger project is expected to provide environmental rehabilitation by reprocessing a century-old tailings facility, benefiting the local community and shareholders [4][22] - The Mayor of Timmins highlighted the project's potential for sustainable development through the remediation of historic mine tailings [4][22]
Dryden Gold Expands the Gold Rock Camp with High-Grade Discoveries at Mud Lake
Newsfile· 2025-11-25 11:00
Core Insights - Dryden Gold Corp. has successfully expanded the Gold Rock Camp with high-grade gold discoveries at the Mud Lake Target Area, confirming the geological potential for multiple gold-bearing structures [1][3][5] - The exploration program aims to validate the theory of periodicity of deposits in the Gold Rock Camp, with initial results indicating a promising geological setting [3][5] - The company plans to continue developing additional targets in the Gold Rock Camp following the successful step-out drilling at Mud Lake [1][3] Exploration Results - The first pass 3-hole exploration program at Mud Lake revealed significant gold grades, including a quartz vein intersecting as high as 43.10 g/t gold over 0.50 meters [5][8] - Surface sampling indicated a high-grade shear zone with 93.00 g/t gold, suggesting a potential 1-kilometer mineralized footprint similar to the Gold Rock target area [5][9] - The geological interpretation of the Mud Lake footprint is ongoing, with initial findings confirming a flexure in the mineralized trend, which is common in shear zone systems [6][10] Future Plans - The company will analyze data collected from the summer Mud Lake program to plan for permitting and further testing [6][12] - A webinar is scheduled for December 4, 2025, to provide an overview of the 2025 exploration program and details about upcoming initiatives for the 2026 drill program [12] - Dryden Gold aims to leverage its strategic land position in the Dryden District of Northwestern Ontario, which includes historic gold mines and significant exploration potential [16]
Nexus Uranium Joins South Dakota Mineral Industries Association
Newsfile· 2025-11-25 11:00
Company Overview - Nexus Uranium Corp. has become a member of the South Dakota Mineral Industries Association (SDMIA), enhancing its position in the uranium sector in South Dakota [1][2] - The company controls two strategic uranium projects in South Dakota, positioning it as a significant stakeholder in the state's uranium development [2] Industry Context - The membership with SDMIA reflects the company's commitment to responsible mineral development and collaboration with industry partners, local communities, and policymakers [3] - This development occurs as the United States aims to strengthen its domestic critical mineral supply chains, with uranium being vital for energy security and the transition to clean energy [3] Additional Information - The SDMIA, established in 2022, advocates for safe, sustainable, and responsible mineral resource development in South Dakota [4] - Nexus Uranium holds five uranium projects across the United States, including locations in South Dakota, Wyoming, and Utah, and has a project in the Athabasca Basin of Canada [5] - Following a merger with Basin Uranium Corp., Nexus has consolidated advanced-stage uranium assets to meet the growing demand for nuclear energy and domestic uranium production [6]
Desert Gold Delivers PEA Update for SMSZ Project with USD $61 Million After-Tax NPV (10%) and 57% IRR at USD $2,850/oz Gold for Barani and Gourbassi Deposits in West Mali
Newsfile· 2025-11-25 10:30
Core Insights - Desert Gold Ventures Inc. has released an updated Preliminary Economic Assessment (PEA) for its SMSZ Gold Project in Mali, indicating a robust economic outlook with an after-tax NPV of USD $61 million and an IRR of 57% at a gold price of USD $2,850 per ounce [2][4][10] Project Overview - The PEA includes the Barani and Gourbassi deposits, projecting an increase in production capacity from 18,000 tonnes per month to approximately 36,000 tonnes per month over a mine life of 10 years [3][6] - The total gold production is estimated at 130,700 ounces, with 113,100 ounces expected to be recoverable through a gravity and CIL processing method [4][25] Financial Metrics - At a gold price of USD $2,850 per ounce, the project shows an after-tax NPV of USD $61 million and an IRR of 57%, with a payback period of 2.5 years [4][10] - If the gold price rises to USD $4,070, the after-tax NPV increases to USD $124 million, with an IRR of 101% and a payback period of 2.1 years [5][10] Production and Cost Estimates - The average all-in sustaining cost (AISC) is estimated at USD $1,137 per ounce, with total cash costs at USD $29.70 per tonne processed [7][22] - The project anticipates a cumulative cash flow of USD $126 million after tax over the 10-year mine life [11] Mining and Processing Strategy - The mining plan is structured in two phases, starting with Barani East and transitioning to Gourbassi, utilizing a modular processing plant to minimize initial capital costs [6][58] - The average strip ratio for the combined operations is estimated at 2.60:1, with a total of approximately 11 million tonnes of waste rock and 4.24 million tonnes of ore planned to be mined [9][37] Mineral Resource Estimate - The current PEA focuses on oxide and transitional mineralization, with total Measured and Indicated Resources at 11.12 million tonnes grading 0.94 g/t Au for 336,800 ounces [27][30] - The study excludes deeper sulfide mineralization, which may provide additional resources for future evaluations [28][33] Exploration and Future Plans - The company plans to continue exploration across Barani, Gourbassi, and Gourbassi East, with multiple near-mine targets identified for potential resource expansion [8][60] - Advanced discussions are underway with potential partners for funding to commence construction at Barani East [60]
Goldstorm Metals Provides High-Grade Gold-Silver-Copper Results from Surface Sampling on the Crown Property, and Drilling Results from the Electrum Property, located in the Golden Triangle of British Columbia.
Newsfile· 2025-11-25 10:00
Core Insights - Goldstorm Metals Corp. announced high-grade gold, silver, and copper results from surface sampling at the Crown Property and drilling results from the Electrum Property, both located in British Columbia's Golden Triangle [1][5][25] - The 2025 exploration program included extensive sampling and geophysical surveys, which have advanced early-stage prospects into drill-ready targets [5][8] Crown Property Exploration - The 2025 field exploration program at the Crown Property involved surficial sampling, geological mapping, and geophysical surveys, which helped define the geological potential of the area [5][8] - A total of 657 samples were collected, revealing multiple high-grade results, including sample 121777 with 103 g/t gold and 197 g/t silver [6][9][10] - Significant mineralization styles were observed, indicating potential intrusive-related sources at depth, supported by geophysical anomalies [8][10] Electrum Property Drilling - The 2025 drilling program at the Electrum Property included six holes totaling 1,172 meters, targeting epithermal veins with precious and base-metal mineralization [17][19] - All drill holes encountered gold and silver mineralization, with notable intercepts validating the association of silver with gold mineralization [17][19] - The drilling results indicate a potential trend extending from Silbak Premier to Brucejack Lake, with significant gold and silver intercepts reported [17][19] Delta West Discovery - A new gold zone called Delta West was discovered approximately 10 kilometers south of Newmont's Valley of the Kings deposit, with select grab samples returning values as high as 39.9 g/t gold [15][25] - The area will be a priority target for continued exploration efforts in 2026 [15] Geological Context - The Orion area, centered on the Crown Property, shows strong indications for hosting various economic mineral deposit styles, including VMS, copper-gold skarn, and epithermal gold-silver systems [11][25]
Sitka Drills 172.4 Metres of 0.90 g/t Gold, Including 33.4 Metres of 2.40 g/t Gold, at Blackjack and 44.4 Metres of 1.33 g/t Gold from Surface at Saddle at Its RC Gold Project, Yukon
Newsfile· 2025-11-25 09:30
Core Insights - Sitka Gold Corp. announced significant drilling results from its RC Gold Project in Yukon, highlighting the expansion of gold mineralization at the Blackjack and Saddle zones, as well as the discovery of a new mineralized area at Blackjack South [2][3][4] Drilling Results - At the Blackjack Deposit, drill hole DDRCCC-25-099 intersected 310.0 meters of 0.61 g/t gold, including 172.4 meters of 0.90 g/t gold and 33.4 meters of 2.40 g/t gold, extending known mineralization further southwest [3][5] - Drill hole DDRCCC-25-102 returned 191.8 meters of 0.65 g/t gold, including 24.3 meters of 2.33 g/t gold, indicating strong mineralization outside the current Mineral Resource Estimate (MRE) margin [5][6] - At the Saddle Zone, drill hole DDRCCC-25-104 intersected 44.4 meters of 1.33 g/t gold from surface, extending near-surface mineralization further west [4][5] - New mineralization was identified at Blackjack South, with drill hole DDRCCC-25-110 intersecting 44.5 meters of 0.70 g/t gold, including 8.8 meters of 1.18 g/t gold [4][5] Mineral Resource Potential - The drilling results reinforce the potential for significant gold ounces to be added within the conceptual pit shell of the Blackjack gold deposit, with ongoing drilling expected to further define and expand the resource [6][19] - The RC Gold Project now has pit-constrained mineral resources totaling 1,291,000 ounces of gold in the indicated category and 1,044,000 ounces in the inferred category at Blackjack, along with 440,000 ounces in the inferred category at Eiger [36][41] Project Overview - The RC Gold Project covers a 431 square kilometer area in Yukon's Tombstone Gold Belt, strategically located between the Eagle Gold Mine and the Brewery Creek Gold Mine [35][41] - The project is accessible year-round via a secondary gravel road, facilitating ongoing exploration and development efforts [35][41]
First Hydrogen Launches SMR Technical Research with the University of Alberta to Select Molten-Salt Nuclear Fuel for SMRs
Newsfile· 2025-11-25 08:05
Core Insights - First Hydrogen Corp. has initiated technical research in collaboration with the University of Alberta to identify non-radioactive molten-salt fuel mixtures for small modular reactors (SMRs) [1][2] - The research aims to optimize reactor fuel materials and guide future R&D steps, including lab setup and supplier engagement [1][2] - The project is expected to advance First Hydrogen's commercial scale-up objectives in the clean energy sector [2][4] Research and Development - The research will focus on selecting surrogate mixtures that mimic the thermophysical behavior of uranium-bearing fuel salts, prioritizing those suitable for near-term lab evaluation [2] - Prof. Muhammad Taha Manzoor's team will analyze the availability and procurement options for the selected molten-salt mixtures, considering regulatory requirements [2] Industry Context - Molten-salt fuels are gaining attention for their safety, efficiency, and flexibility in nuclear energy applications, allowing for better heat transfer and safer operating conditions compared to conventional solid fuel rods [3] - The International Energy Agency (IEA) projects that electricity consumption for data centers will more than double from 415 terawatt-hours (TWh) in 2024 to 945 TWh by 2030, driven by advancements in artificial intelligence [5] Company Vision - First Hydrogen aims to integrate clean energy solutions for data centers, AI, and green hydrogen production, aligning with its long-term vision for SMRs [4] - The company is committed to developing advanced clean energy solutions, including green hydrogen from state-of-the-art SMRs, to meet global climate goals [7]
Krown Technologies Publishes Security Assessment Confirming Quantum-Grade Protection in Qastle Wallet
Newsfile· 2025-11-25 05:53
Core Insights - Krown Technologies has published a security assessment confirming the quantum-grade protection of its Qastle wallet, validating its integration with Quantum eMotion's QRNG2 engine and compliance with NIST, OWASP, and PTES security frameworks [1][6][12] Security Assessment Findings - The assessment concludes that Qastle's architecture, including mobile apps, API layer, and browser extensions, is designed to protect private keys, safeguard user data, and secure transaction flows [2][9] - Qastle utilizes Quantum eMotion's QRNG2 engine for true quantum entropy in cryptographic material, ensuring randomness for key creation through a tightly integrated API workflow [3][5] Technical Implementation - Each call to the QRNG2 engine is logged with timestamps and system states, ensuring traceability and operational robustness [4][10] - The assessment emphasizes Qastle's ability to sustain secure operations over time, demonstrating technical soundness and operational resilience [10][11] Compliance and Certification - The assessment was conducted using globally recognized security frameworks, including NIST Cybersecurity Framework, OWASP methodology, and PTES [6][12] - Krown Technologies is preparing for formal NIST certification, aiming to align Qastle with federal standards for cybersecurity [12][13][14] Future Outlook - Qastle is positioned to operate securely at scale, addressing current and emerging cyber threats while preparing for the quantum era of cybersecurity [11][14] - The company aims to achieve NIST-grade certification, reflecting its commitment to provable and measurable security [14]
Planet Based Foods Global Inc. Announces Results of Annual General Meeting of Shareholders
Newsfile· 2025-11-25 03:34
Core Points - Planet Based Foods Global Inc. held its annual general meeting (AGM) on November 24, 2025, in Vancouver, British Columbia, to discuss matters related to the financial years ended December 31, 2023, and December 31, 2024 [1] - Shareholders approved all matters outlined in the Company's Notice of Meeting and Management Information Circular dated October 23, 2025, with 19,585,642 shares represented, accounting for 55.98% of the total issued shares [2] Summary by Categories Number of Directors - The number of directors for the Company was set at six (6) for the upcoming year [3] Election of Directors - All nominated directors were elected to serve until the next annual meeting or until their successors are appointed [4] Appointment of Auditor - MNP LLP, Chartered Accountants, was appointed as the auditor for the Company for the ensuing year, with the Board authorized to fix the auditor's remuneration [4] Approval of Compensation Arrangement - Shareholders approved the evergreen security-based compensation arrangement, which includes the Company's stock option plan and restricted share unit plan [5] Ratification of Past Acts - An ordinary resolution was passed to ratify and confirm all acts, contracts, proceedings, appointments, elections, payments, and engagements made by or on behalf of the Company since the last AGM [6] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients and plant-based solutions, aiming to create a cleaner, healthier, and more resilient global food system [7]