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Court Approval Received and Effective Date Set for Walhalla 1:1 Spinout
Newsfile· 2025-12-08 12:30
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: GPGCF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") announces that on December 5, 2025, the Company received final court approval for the Arrangement and Plan of Arrangement previously approved by shareholders of Great Pacific Gold for the spin out (the "Spin Out") of Walhalla Gold Corp. ("Walhalla"), whereby the Company will distribute the shares of Walhalla to the shareholders o ...
Canstar Expands Land Package, Advances Collaboration on AI-Enhanced Exploration at Mary March
Newsfile· 2025-12-08 12:25
Canstar Expands Land Package, Advances Collaboration on AI-Enhanced Exploration at Mary MarchDecember 08, 2025 7:25 AM EST | Source: Canstar Resources Inc.Toronto, Ontario--(Newsfile Corp. - December 8, 2025) - Canstar Resources Inc. (TSXV: ROX) (OTCID: CSRNF) ("Canstar" or the "Company") is pleased to provide an update on its collaboration with Terra AI "Terra"), a Silicon Valley-based company applying machine learning to accelerate mineral exploration. The two companies announced a Letter of ...
Badlands Provides Update Respecting Private Placement
Newsfile· 2025-12-08 12:20
Core Points - Badlands Resources Inc. is pursuing a non-brokered private placement of up to 14,666,667 units at an issue price of $0.15 per unit, aiming for total gross proceeds of up to $2,200,000 [1][2] - Each unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable at $0.25 for two years [1] - The company plans to complete the placement by January 7, 2026, subject to TSX Venture Exchange approval [1][3] Financial Details - The net proceeds from the placement will be used to extinguish debt, fund exploration work, acquire new properties, and for general working capital [2] - All securities issued will be subject to a hold period of four months and one day from the date of issue [2] Regulatory Aspects - Completion of the placement is contingent upon receiving all necessary regulatory approvals [3] - Finders' fees may be applicable in accordance with TSXV policies [2]
AuMEGA Metals Announces Capital Market Changes
Newsfile· 2025-12-08 12:15
Core Points - AuMEGA Metals Ltd is changing its registry and transfer agent to Computershare Investor Services effective December 15, 2025, for both the Australian Stock Exchange and TSX Venture Exchange [1][2] - The company has a strong shareholder base, including B2Gold Corp, which owns 10% of its outstanding shares, and approximately 50% of shares held by major global institutions [3][6] - AuMEGA has engaged Renmark Financial Communications Inc. to enhance its investor relations and support growth in North America, with a monthly fee of up to C$9,000 for seven months starting December 1, 2025 [4] Company Overview - AuMEGA Metals Ltd is focused on exploring a 110-kilometer land package along the Cape Ray Shear Zone in Newfoundland, Canada, which is recognized as the largest identified gold structure in the region [5][6] - The company has defined a gold Mineral Resource of 6.2 million tonnes at an average grade of 2.25 g/t, totaling 450,000 ounces of Indicated Resources, and 3.4 million tonnes at an average grade of 1.44 g/t, totaling 160,000 ounces in Inferred Resources [7] - AuMEGA also holds a 27-kilometer stretch of the Hermitage Flexure and has secured an Option Agreement for the Blue Cove Copper Project, indicating strong potential for copper and other base metals [6]
Honey Badger Silver Appoints Michael Jalonen to Board of Directors
Newsfile· 2025-12-08 12:00
Core Viewpoint - Honey Badger Silver Inc. has appointed Michael Jalonen to its Board of Directors, bringing extensive experience in the precious metals sector, which is expected to enhance the company's strategic direction and insights [1][3]. Company Overview - Honey Badger Silver is a silver-focused company with a leadership team experienced in value creation and a skilled technical team [4]. - The company has several projects, including the Sunrise Lake project with a historic resource of 12.8 million ounces (Moz) of silver at a grade of 262 grams per tonne (g/t) and 201.3 million pounds of zinc at a grade of 6% [4][5]. - The Clear Lake Project has an unclassified historic resource of 5.5 Moz of silver at a grade of 22 g/t and 1.3 billion pounds of zinc at a grade of 7.6% [4][5]. - The Nanisivik Mine Area, where the company holds significant land, produced over 20 Moz of silver from 1976 to 2002 [4][6]. Leadership and Expertise - Michael Jalonen has 34 years of capital markets experience, including 33 years at Bank of America Securities, where he was a leading analyst in the precious metals mining sector [2][3]. - His background includes covering twenty companies in the North American gold and silver producer sector and five senior precious metal royalty and streaming companies [2]. - Jalonen's previous roles include junior mining analyst and corporate development analyst, and he holds an Honors B.Sc. in Geology and an MBA [3].
American Pacific Announces Execution of Arrangement Agreement to Sell the Tuscarora District to ICG Silver & Gold Ltd.
Newsfile· 2025-12-08 12:00
American Pacific Announces Execution of Arrangement Agreement to Sell the Tuscarora District to ICG Silver & Gold Ltd.December 08, 2025 7:00 AM EST | Source: American Pacific Mining Corp.Total consideration upon satisfaction of closing conditions will be approximately $4 million in ICG equityUp to US$5 million in additional payments subject to certain milestones being achieved American Pacific to receive 11,500,000 Consideration Shares, with 7,500,000 distributed to APM shareholders on a pro r ...
Gladiator Extends High-Grade Copper Skarn Mineralization 250m to the East at Cowley
Newsfile· 2025-12-08 12:00
Core Insights - Gladiator Metals Corp. has confirmed and extended high-grade copper skarn mineralization at the Cowley prospect by over 250 meters to the east, indicating significant resource potential [3][5][6] Drilling Results - Recent drilling results from 19 holes totaling 4,772 meters have shown strong copper, gold, and molybdenum mineralization near the surface, with notable intersections including: - CPG-102D7: 119m @ 0.84% Cu, 0.11 g/t Au, 6.89 g/t Ag, and 562 ppm Mo from 48m, including 63m @ 1.06% Cu [5][14] - CPG-102D6: 76.1m @ 0.82% Cu from 39.9m, including 38m @ 1.28% Cu [5][14] - CPG-102D5: 17.5m @ 1.67% Cu from 61.5m, including 12m @ 2.34% Cu [5][14] Exploration Strategy - The ongoing Phase 2 drilling program aims to define high-grade copper resources and explore the continuity of mineralization across the Cowley area, with a focus on extensions to known high-grade copper skarn [9][11][24] - The exploration strategy includes geophysical programs to refine drill targeting and assess the economic potential of co-products associated with copper mineralization [25][27] Project Overview - The Whitehorse Copper Project is an advanced-stage exploration project located in the Yukon Territory, known for its high-grade copper, molybdenum, silver, and gold skarn occurrences [27][28] - Historical production from the area has yielded significant quantities of copper and gold, with ongoing drilling expected to lead to a maiden resource estimate in 2026 [28][35] Future Plans - Gladiator is nearing completion of a Class 3 permit, which will allow for expanded exploration activities, including infill drilling and targeting up-dip extensions of shallow mineralization [17][18] - Additional drill results from the Cowley area are anticipated in the coming weeks, further contributing to the resource definition efforts [12][16]
ICG Silver & Gold Announces Execution of Arrangement Agreement to Purchase the Tuscarora District from American Pacific Mining
Newsfile· 2025-12-08 12:00
Core Viewpoint - ICG Silver & Gold Ltd. has entered into an arrangement agreement to acquire 100% of the Tuscarora and Danny Boy projects from American Pacific Mining Corp, aiming to unlock the potential of the Tuscarora District in Nevada, a region known for its high-grade silver and gold mineralization [1][2][5] Transaction Summary - ICG will acquire Clearview Gold Inc. and American Pacific Mining Corp's subsidiaries in exchange for 11,500,000 common shares and contingent payments, including US$5,000,000 upon commercial production [3][4] - APM will distribute 7,500,000 of the Consideration Shares to its shareholders, resulting in them holding approximately 19% of the issued ICG Shares post-transaction [4][7] Project Details - The Tuscarora District is an epithermal system located on the Carlin Trend, covering approximately 8,000 acres, with extensive geological work already completed [5][18] - ICG aims to advance the district through systematic exploration and technical studies, focusing on resource definition and future development [20] Management and Expertise - ICG is led by a team with extensive experience in exploration, permitting, and capital markets, particularly in the Western United States [19][20] - The company is in the process of completing a capital raise and plans to go public on the Canadian Securities Exchange in Q1 2026 [18][12] Approval and Conditions - The transaction requires court approval and the support of at least two-thirds of APM shareholders, along with other customary regulatory approvals [10][12] - Directors and officers of APM holding approximately 1.2% of the shares have agreed to vote in favor of the transaction [13]
Omai Gold Drills High-Grade Zone at East Wenot, Intersecting 11.07 g/t Au over 14.7m, Including 34.31 g/t Au over 4.3m
Newsfile· 2025-12-08 11:35
Core Insights - Omai Gold Mines Corp. has reported significant assay results from its drilling program at the Omai Gold Project in Guyana, highlighting new high-grade gold zones at East Wenot and Central Wenot [1][4][5] Drilling Program Overview - A total of 79 drill holes (35,300 meters) have been completed in 2025, with 30 holes (13,250 meters) on the Wenot deposit not included in the August 2025 Mineral Resource Estimate (MRE) [2][29] - The company aims to update the MRE in early 2026, ahead of a Preliminary Economic Assessment (PEA) expected in H1 2026 [2][4] Significant Drill Results - Notable intersections include: - Hole 25ODD-142 at East Wenot: 11.07 g/t Au over 14.7 meters, including 34.31 g/t Au over 4.3 meters - Hole 25ODD-145W at Central Wenot: 13.54 g/t Au over 13.3 meters, including 27.82 g/t Au over 6.2 meters and 63.17 g/t Au over 2.2 meters [7][8][30] Exploration Focus - The drilling program is focused on expanding the resource at Wenot and optimizing the upcoming PEA by exploring less drilled areas within the southern sedimentary sequence and the Dike Corridor [5][16] - The company has exceeded its goal of completing an additional 10,000 meters of drilling by year-end [4][5] Camp Zone and BBH Target Updates - At the Camp Zone, seven diamond drill holes (2,931 meters) have been completed, with significant results including 2.72 g/t Au over 16.3 meters in hole 25ODD-135 [25][26] - The BBH target has also seen recent drilling, with results indicating widespread near-surface gold mineralization, although some holes returned lower grade results [20][21][22] Corporate Developments - Omai Gold has entered into an investor relations agreement with TB Investor Relations to enhance its communication strategy, effective December 1, 2025 [33]
Carolina Rush-OceanaGold Partnership to Commence Deep Drilling at Brewer in January 2026
Newsfile· 2025-12-08 11:30
Core Insights - Carolina Rush Corporation has entered into an Earn-In Option Agreement with OceanaGold Corporation, which became active on November 26, 2025, following the receipt of all required approvals [1][2] - The partnership aims to explore the Brewer Gold-Copper Project, with an initial deep-drilling campaign set to begin on January 5, 2026, involving approximately 3,000 meters of drilling [2][3] Company Overview - Carolina Rush Corporation is focused on the Brewer Gold-Copper Project in South Carolina, which is characterized by near-surface Au-Cu epithermal mineralization and potential for deeper porphyry-style mineralization [9] - The Brewer project is located 13 km from OceanaGold's Haile Gold Mine, which has a production guidance of 170,000-200,000 ounces of gold for 2025 [9] Exploration Program - The Stage 1 exploration program requires OceanaGold to spend a minimum of US$1.5 million, with a total of US$8 million needed by the end of 2027 to earn a 50% interest in the Brewer Project [2][3] - The initial drilling will focus on high-priority porphyry copper-gold targets identified through geological mapping, geochemistry, and geophysical surveys [3][4] Drilling Details - The drilling campaign includes three planned holes: - DDH A-1: approximately 1,500 meters to test a potential porphyritic intrusion beneath the former Brewer Mine [6] - DDH A-2: approximately 1,500 meters, contingent on A-1 results, to evaluate the southern margin of a deep resistivity anomaly [6] - DDH B-1: approximately 1,000 meters to assess a separate deep MT-IP anomaly in an area with previously untested mineralization [6]