Newsfile

Search documents
Inspiration Energy Commences Atomic Mineral Resonance Tomography (AMRT) Survey Over High Priority Drill Targets in Saskatchewan
Newsfile· 2025-06-20 07:01
Core Points - Inspiration Energy Corp. has initiated an Atomic Mineral Resonance Tomography (AMRT) remote sensing survey at its Rottenstone North Gold Project in Saskatchewan, which spans approximately 4,512 hectares [1][5] - The AMRT system is a non-invasive imaging technology aimed at enhancing mineral exploration precision and minimizing surface disturbance [2][5] - The company is focused on refining drill targets in preparation for its first drilling program, leveraging the success of adjacent Ramp Metals Inc. [3][5] Company Overview - Inspiration Energy Corp. is a Canadian mineral exploration company dedicated to acquiring and developing high-potential resource assets [5] - The Rottenstone North Gold Project is located about 115 kilometers north of La Ronge, Saskatchewan, in a geologically active area with growing exploration interest [5] - The company employs a combination of conventional and proprietary technologies, including AMRT, to effectively define drill targets and facilitate future discoveries [5]
HIVE Digital Technologies Surpasses 11 EH/s Bitcoin Hashrate Milestone as 100 MW Phase 1 in Paraguay Completed Ahead of Schedule - Company on Track to Reach 25 EH/s by Thanksgiving
Newsfile· 2025-06-20 05:00
Core Viewpoint - HIVE Digital Technologies has successfully surpassed 11 Exahash per second (EH/s) in Bitcoin mining hashrate, achieving an operational hashrate of 11.4 EH/s ahead of schedule, with plans to reach 25 EH/s by American Thanksgiving 2025 [2][4]. Group 1: Operational Milestones - The company has increased its installed hashrate by approximately 1 EH/s per week, reaching 11.5 EH/s recently and expects to maintain this level under typical operating conditions [3]. - The completion of Phase 1 (100 MW) of HIVE's Yguazú site in Paraguay is a significant step towards scaling operations [2][4]. Group 2: Strategic Expansion - HIVE's expansion into Paraguay is driven by the utilization of low-cost, 100% renewable hydroelectricity, aligning with sustainable growth objectives [4]. - The company is making progress with Phase 2 of its Paraguay build-out, with new Bitmain S21+ Hydro ASICs being prepared for deployment [4]. Group 3: Community Impact - HIVE's investment in Paraguay has created hundreds of construction jobs and supported local infrastructure improvements, such as air conditioning in schools and street lighting [6]. - The company is committed to long-term economic benefits by paying for energy in U.S. dollars, which reinforces the local currency and promotes economic stability [6]. Group 4: Leadership Insights - Frank Holmes, Co-Founder and Executive Chairman, emphasized the rapid scaling capabilities of HIVE and the benefits of sustainable digital infrastructure for both shareholders and local communities [7]. - Aydin Kilic, President and CEO, expressed confidence in achieving the target of 25 EH/s by American Thanksgiving 2025, highlighting the quality and efficiency of operations in Paraguay [7]. Group 5: Upcoming Financial Reporting - HIVE is scheduled to release its fiscal Q4 and full-year results for the period ended March 31, 2025, on June 26, 2025, with a conference call to follow [9].
Canlan Reports Voting Results from the 2025 Annual General Meeting of Shareholders
Newsfile· 2025-06-19 22:43
Group 1 - The Annual General Meeting of Shareholders for Canlan Ice Sports Corp. was held on June 19, 2025, with a total of 10,343,857 shares represented, accounting for approximately 77.56% of the outstanding shares [2][4] - The election of directors resulted in high approval rates, with all directors receiving over 99% of votes in favor, and some receiving 100% [2] - Canlan Ice Sports Corp. is the largest private sector owner and operator of recreation facilities in North America, managing 15 facilities with 47 ice surfaces, 10 indoor soccer fields, and 18 hard court services [3] Group 2 - Canlan Ice Sports Corp. is listed on the Toronto Stock Exchange under the symbol "ICE" [4]
Goldstorm Metals Announces Upsizing of Previously Announced Private Placement Financing to Approximately $2.1 Million, with Participation by Eric Sprott
Newsfile· 2025-06-19 19:55
Goldstorm Metals Announces Upsizing of Previously Announced Private Placement Financing to Approximately $2.1 Million, with Participation by Eric SprottJune 19, 2025 3:55 PM EDT | Source: Goldstorm Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - June 19, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to announce that, due to strong investor demand, it intends to increase the size of the Company's previously announced non-brokered pri ...
SOL Strategies Files Form 40-F Registration Statement with the SEC
Newsfile· 2025-06-19 12:30
Core Points - SOL Strategies Inc. has filed a Form 40-F Registration Statement with the SEC as part of its application to list its common shares on Nasdaq under the ticker STKE [1][3] - The company is also proposing a share price consolidation at its Annual General Meeting on June 19, 2025, to meet Nasdaq's minimum listing requirements [2] - The Nasdaq listing is expected to enhance SOL Strategies' presence in U.S. capital markets, while it will continue to trade on the Canadian Securities Exchange under the symbol HODL [3][4] Company Overview - SOL Strategies Inc. is a Canadian company focused on providing infrastructure for the Solana blockchain ecosystem, specializing in strategic investments and infrastructure solutions for decentralized applications [5]
Noble Plains Uranium Secures Duck Creek Project in Heart of Powder River Basin Uranium District
Newsfile· 2025-06-19 11:30
Core Insights - Noble Plains Uranium Corp. has secured an option agreement to acquire an 80% interest in the Duck Creek Project, located in Wyoming's Powder River Basin, a significant area for uranium production [1][4][10] - The Duck Creek Project spans 4,133 acres and is surrounded by major in-situ recovery (ISR) uranium operations, enhancing its strategic value [2][3] - Historical drilling data indicates a 3-mile uranium trend with 4,068 drill holes outlining a consistent, shallow roll-front uranium system [3][4] Company Overview - Noble Plains Uranium focuses on acquiring and advancing U.S.-based uranium projects that are suitable for ISR, which is recognized as a capital-efficient and environmentally responsible extraction method [14] - The company aims to rapidly delineate NI 43-101 resources and build a pipeline of ISR development opportunities [14] Project Details - The Duck Creek Project includes 78 lode mining claims and four mineral leases, with significant historical drilling conducted by Kerr-McGee Nuclear Corporation in the 1970s [3][4] - The project shows potential for both near-term development and exploration upside, particularly in the untested deeper Fort Union Formation [4] Strategic Context - Wyoming has produced over 238 million pounds of uranium since the 1950s, with the Powder River Basin being a key district for this production [9] - ISR is the dominant extraction method in the region, allowing for faster permitting and lower environmental impact, aligning with Noble Plains' strategy [9] Transaction Terms - The agreement allows Noble Plains to acquire the 80% interest over three years, with initial payments including US$250,000 and the issuance of shares [11][12] - The transaction is subject to approval by the TSX Venture Exchange [12][18]
CanAlaska Announces Results from Property-Wide Airborne Surveys on 16,000 Hectare Frontier Project
Newsfile· 2025-06-19 11:30
Core Insights - CanAlaska Uranium Ltd. announced results from airborne geophysical surveys on its 100%-owned Frontier Project, identifying multiple priority exploration target zones [1][9] - The surveys aimed to identify basement conductors, characterize lithological variations, and refine areas for future drilling [1][9] - The Frontier Project is strategically located in the northeastern Athabasca Basin, near significant uranium deposits and infrastructure [1][9] Survey Details - The VTEM Plus survey covered 931 line-km with a 200-meter line spacing, followed by a high-resolution magnetic and radiometric survey covering 3,739 line-km at 50-meter line spacing [6][9] - The surveys were conducted by Geotech Ltd. and managed by Condor Consulting, Inc. [6][9] - Data processing involved 3D magnetic inversions and GeoInterp analysis, leading to the identification of target zones associated with structural features [7][9] Target Zones - A prominent 25-kilometer-long magnetic low corridor, termed the Roughrider Mineralized Corridor, was highlighted, hosting multiple uranium deposits [3][4] - The highest priority target zones are linked to magnetic low structural corridors and cross-cutting fault features [8][9] - Historical data indicated a significant uranium anomaly at the Point Lake Anomaly, with a sample returning 34.7 ppm uranium [8][9] Strategic Importance - The airborne surveys represent a critical step in CanAlaska's exploration strategy for tier 1 basement-hosted uranium deposits [9] - The company is actively seeking joint venture partners to advance the Frontier Project to the next exploration stage [9][10] - The CEO emphasized the compelling nature of the exploration targets and the strengthening uranium market, suggesting increased interest from explorers [10] Stock Options and Investor Relations - CanAlaska granted stock options to directors, officers, and consultants for a total of 6,060,000 common shares at a price of $0.88 per share [11] - The company extended its investor relations agreement with Rayleigh Capital Ltd. until December 31, 2025, for a monthly fee of $8,500 [12]
Canadian Gold Corp. Private Placement Offering for New Hammond Reef South Program to Follow up 2024 Surface Samples That Returned 35.4 g/t Gold
Newsfile· 2025-06-19 11:30
Core Points - Canadian Gold Corp. plans a follow-up program on the newly discovered high-grade gold zone at Hammond Reef South, which returned surface samples of 35.4 g/t and 7.1 g/t gold [2][3] - The Hammond Reef South property was acquired in 2023 to enhance the company's mineral rights around major Canadian mines, with a mineralization stock work vein system identified [3][12] - The 2025 program will include surface work and a geophysical program to evaluate the gold system's extent and refine drilling targets [4] Company Strategy - The company aims to expand its high-grade gold resource at the Tartan Mine and holds interests in properties adjacent to significant gold mines in Canada [12] - A private placement offering of up to 859,375 flow-through common shares at $0.32 per share is planned to fund the program, potentially raising up to $275,000 [5][6] Geological Context - The Hammond Reef South property is located near Agnico Eagle's Hammond Reef Project, which has over 5 million ounces of gold in mineral resources [2][12] - The identified vein system has a minimum strike length of 80 meters and widths up to 20 meters, with significant gold grades reported from channel samples [3][4]
Eagle Plains and Tana Resources Execute Option Agreement for the MPW Copper-Gold Project, British Columbia
Newsfile· 2025-06-19 11:27
Eagle Plains and Tana Resources Execute Option Agreement for the MPW Copper-Gold Project, British ColumbiaJune 19, 2025 7:27 AM EDT | Source: Tana Resources Corp.Cranbrook, British Columbia--(Newsfile Corp. - June 19, 2025) - Eagle Plains Resources Ltd. (TSXV: EPL) (OTCQB: EGPLF) ("EPL" or "Eagle Plains") and Tana Resources Inc. (CSE: TANA) ("TANA" or "Tana") are pleased to announce the parties have entered into an option agreement (the "Option") dated June 17, 2025, pursuant to which Tana has ...
Vertiqal Studios Expands North American Sales Leadership with Strategic Hires in West Coast and Canada
Newsfile· 2025-06-19 11:15
Vertiqal Studios Expands North American Sales Leadership with Strategic Hires in West Coast and CanadaJune 19, 2025 7:15 AM EDT | Source: Vertiqal StudiosToronto, Ontario--(Newsfile Corp. - June 19, 2025) - Vertiqal Studios Corp. (TSX: VRTS) (OTC Pink: VERTF) (FSE: 9PY0) ("the Company") — Vertiqal Studios, the digital media company behind some of the largest and most engaged Gen Z and Millennial-facing social channels, today announced the addition of two industry veterans - Pano Rongakos and S ...