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Onyx Gold Discovers New Gold Zone 250 meters from Argus North
Newsfile· 2025-12-03 12:00
Core Insights - Onyx Gold Corp. has discovered a new near-surface gold mineralization zone located 250 meters southwest of the Argus North Zone, indicating significant potential for further gold exploration and development [1][7][11] Summary by Sections Discovery and Drilling Results - The new gold zone was identified as part of the ongoing 75,000 meters diamond drill program at the Munro-Croesus Project, which is 100% owned by the company [1][7] - Drill hole MC25-213 at Argus West returned 21.2 meters grading 2.1 grams per tonne (g/t) gold, including 14.0 meters grading 3.0 g/t gold and a notable 1.0 meter grading 19.7 g/t gold with visible gold occurrences [3][6][12] - Drill hole MC25-199, located 430 meters from Argus North, intersected 14.0 meters grading 1.0 g/t gold [6][13] Geological Context - The Argus Fault, a key structural feature, is emerging as an important control on gold mineralization, with drilling indicating broad zones of gold mineralization over a total strike length of 900 meters and extending vertically from surface to approximately 400 meters [2][10][11] - The geological setting includes mafic variolitic volcanic rocks and fine-grained metasedimentary rocks, with mineralization characterized by strong albitization, silicification, and the presence of pyritic stringers [10][12] Project Overview - The Munro-Croesus Project is located in the Abitibi greenstone belt, a premier gold mining jurisdiction in Canada, covering 109 square kilometers of highly prospective geology [26][30] - The project includes the historic Croesus Gold Mine, known for yielding some of the highest-grade gold in Ontario, and has seen extensive land consolidation to enhance exploration potential [26][30] Future Exploration Plans - The company plans to continue systematic step-out drilling along the Argus Fault to evaluate the size of the new gold zone and the broader Argus trend, with three rigs currently active [7][16] - Ongoing drilling efforts are focused on defining the extent of mineralization and exploring additional targets within the project area [7][16]
QIMC Expands Phase 1 Winter Hydrogen Drilling Program in Nova Scotia to Over 5,000 Metres Following New INRS Geophysical Advances
Newsfile· 2025-12-03 12:00
Core Insights - Québec Innovative Materials Corp. (QIMC) is expanding its Phase 1 winter natural hydrogen drilling program in Nova Scotia to over 5,000 metres, marking its largest hydrogen-focused drill program to date [1][3] - The expansion is supported by significant geophysical advances from the Institut National de la Recherche Scientifique (INRS), which have refined the structural interpretation of the Advocate–Cumberland Basin and identified new priority drill targets [2][3] Drilling Program Expansion - The Phase 1 drilling program will now exceed 5,000 metres, reflecting QIMC's commitment to advancing natural hydrogen exploration [1][3] - The integration of gravimetry, tomography, and LiDAR by INRS has enhanced confidence in the subsurface model, allowing for an optimized drilling strategy [2][3] Conference Participation - QIMC will attend the Reuters Energy Live Conference in Houston on December 8th and 9th, showcasing its technical leadership in natural hydrogen exploration [4] - The company's presence at the conference aims to engage with international industry participants and highlight its multi-jurisdiction natural hydrogen portfolio [4] Sale of River Valley Silica Project - QIMC has executed a definitive agreement to sell its 100% interest in the River Valley Silica Project to Sila Mining Corp., while retaining ownership of its Charlevoix Silica Project [5][6] - The sale includes receiving 6 million common shares of Sila Mining Corp., cash consideration of up to C$500,000, and a 2% gross-sales royalty on silica products produced from the project [6][7] Strategic Context of River Valley Project - The River Valley asset is positioned to become a foundational North American supplier of high-purity silica (HPQ), critical for various industries [9] - Historical results indicate high-grade quartz averaging 98.74% SiO₂, suitable for cost-effective upgrading into HPQ and ultra-HPQ products [9][11] Future Plans for River Valley - Sila plans to execute a staged 12-hole drilling program to establish mineralized continuity and identify expansion zones over the next 12-18 months [10][11] - The strategy includes engaging partners in semiconductor, solar, battery, and advanced materials sectors to advance River Valley as a cornerstone critical-minerals asset [11]
Ivanhoe Mines Announces Kamoa-Kakula Copper Production Guidance for 2026 and 2027 as Recovery Plan Advances
Newsfile· 2025-12-03 11:10
Core Viewpoint - Ivanhoe Mines has announced copper production guidance for the Kamoa-Kakula project, projecting production ranges of 380,000 to 420,000 tonnes for 2026 and 500,000 to 540,000 tonnes for 2027, while maintaining a medium-term target of 550,000 tonnes annually [1][4][21]. Production Guidance - The 2026 copper production is expected to be between 380,000 and 420,000 tonnes, while for 2027, the range is set at 500,000 to 540,000 tonnes [1][32]. - Copper sales in 2026 are anticipated to exceed production due to the clearance of surplus concentrate inventory, with an estimated destocking of approximately 20,000 tonnes of copper [5][41]. Mining and Dewatering Progress - Dewatering at the Kakula Mine is progressing well, with over 60% completion on the eastern side and approximately 70% on the western side [2][3][22]. - The rehabilitation of underground workings has reached 13.4 kilometers, with 4.6 kilometers dewatered, allowing for the resumption of operations [3][4]. Mining Rates and Ore Processing - Mining rates on the western side of Kakula have increased to an average of 350,000 tonnes per month, with expectations to reach 450,000 tonnes per month by the end of Q1 2026 [8][10]. - Approximately 6 million tonnes of ore is expected to be mined at Kakula in 2026, increasing to between 7 and 8 million tonnes in 2027, with grades ranging from 3.5% to 4.5% [11][41]. Future Plans and Capacity - The combined annualized mining rate of the Kamoa mines is targeted to increase from approximately 6.5 million tonnes currently to over 10 million tonnes in 2027 [12][42]. - The total processing capacity of the Phase 1, 2, and 3 concentrators is expected to reach 17 million tonnes per annum from 2027 [15][17]. Recovery and Production Improvement - The recovery plan for the Kakula Mine is expected to lead to a gradual improvement in production rates, with annualized copper production anticipated to return to approximately 550,000 tonnes over the medium to long term [21][41]. - The updated life-of-mine plan for Kamoa-Kakula is on track for completion by late Q1 2026, which will include a full review of both Kakula and Kamoa operations [20][41].
XXIX Metal Publishes Opemiska's Preliminary Economic Assessment Technical Report
Newsfile· 2025-12-03 11:00
Toronto, Ontario--(Newsfile Corp. - December 3, 2025) - XXIX Metal Corp. (TSXV: XXIX) (OTQB: QCCUF) (FSE: 5LW0) ("XXIX" or the "Company") is pleased to report that it has filed the independent Preliminary Economic Assessment ("PEA") technical report for its 100%-owned Opemiska Project in Chapais, Quebec.Highlights Include:Total payable copper across Opemiska 17 year mine life:715 million pounds of copper409 thousand ounces of gold2.08 million ounces of silverRobust after-tax base case economics: C$505M af ...
Scorpio Gold Announces Receipt of First Deferred Payment from Mineral Ridge Sale
Newsfile· 2025-12-03 11:00
Core Viewpoint - Scorpio Gold Corp. has received the first deferred payment from the sale of its subsidiary, Mineral Ridge Gold, LLC, which strengthens its financial position as it advances its exploration activities in the Manhattan District [1][3][4]. Financial Summary - The total consideration for the sale of Mineral Ridge Gold was US$7,500,000, with US$1,500,000 held in escrow as an indemnification holdback [2]. - The first scheduled release of US$750,000 has been completed, with the remaining US$750,000 expected to be released on the nine-month anniversary of closing [3]. Corporate Developments - Diana Mark has retired as Corporate Secretary, and Stephanie Sharma has been appointed to the position, bringing extensive experience in corporate governance and public company administration [5][6]. Exploration and Resource Potential - The Manhattan District, where Scorpio Gold holds a 100% interest, has significant historical production and resource potential, with a maiden mineral resource estimate indicating 740,000 ounces of contained gold in the inferred category [7][9]. - The district has produced approximately 700,000 ounces of gold historically, and the company aims to advance its exploration program with a 50,000-metre drill initiative [4][14].
Focus Graphite Appoints Renowned Battery Executive Dr. Sunho Kang as Strategic Advisor for Cell Technology
Newsfile· 2025-12-03 10:00
Focus Graphite Appoints Renowned Battery Executive Dr. Sunho Kang as Strategic Advisor for Cell TechnologyFormer Apple and Samsung SDI Battery Expert to Guide High-Purity Anode Materials and Dual-Use Next-Generation Cell Platforms.December 03, 2025 5:00 AM EST | Source: Focus Graphite Inc.Ottawa, Ontario--(Newsfile Corp. - December 3, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a leading developer of high-grade flake graphite deposits and inno ...
1wish Season with Santa Jones - Christmas Advents by 1win and Jon Jones
Newsfile· 2025-12-03 08:55
Group 1 - 1win has launched a charity initiative called "1wish Season with Santa Jones," in partnership with MMA champion Jon Jones, featuring a 21-day challenge on Instagram [1][7] - The initiative allows participants to submit their wishes, which Jon Jones will fulfill daily from December 1 to December 21, selecting five winners each day [2][6] - Participants must follow specific steps to enter the giveaway, including submitting their wishes and following both Jon Jones and 1win on Instagram [3][5] Group 2 - 1win, founded in 2016, is a significant player in the global gaming industry, operating in regions such as Asia, Latin America, and Africa [8] - The company has previously partnered with various brand ambassadors, including actor Johnny Sins in 2024 and professional boxer Saúl (Canelo) Álvarez in 2025, alongside Jon Jones [8]
Manganese X Energy Corp. Kicks Off Battery Hill Prefeasibility Study, Selecting ABH Engineering Inc. and GEMTEC Consulting Engineering and Scientists Limited
Newsfile· 2025-12-03 05:15
Core Points - Manganese X Energy Corp. has initiated its Battery Hill High Purity Manganese Prefeasibility Study (PFS) with the selection of ABH Engineering Inc. and GEMTEC Consulting Engineering and Scientists Ltd. [2][3] - The PFS is expected to be completed by 2026, focusing on optimizing project economics and ensuring environmental responsibility [3][4][5] Company Overview - Manganese X aims to advance its Battery Hill project into production, targeting to become the first publicly traded manganese mining company in Canada and the U.S. to commercialize EV-compliant high purity manganese [9] - The Battery Hill Project is located near Woodstock, New Brunswick, covering 1,225 hectares and is strategically positioned 15 km from the U.S. border [7] Engineering and Environmental Components - ABH Engineering will lead the technical aspects of the PFS, including mine design, production scheduling, and cost estimation, while GEMTEC will handle environmental and community impact assessments [5][6] - The PFS will incorporate recent advancements in processing flowsheet and ore sorting, along with updated geological input [8] Strategic Importance - The project is positioned to become a key production hub for high purity manganese in North America, supporting the EV and energy-storage sectors [5][9]
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Stride, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LRN
Newsfile· 2025-12-03 04:17
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Stride, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who purchased Stride securities between October 22, 2024, and October 28, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 12, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Stride made misleading statements regarding its products and services, inflating enrollment numbers and cutting staff costs beyond statutory limits, which led to damages for investors when the truth was revealed [5].
ROSEN, A LEADING LAW FIRM, Encourages Skye Bioscience, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SKYE
Newsfile· 2025-12-03 04:10
Core Viewpoint - Rosen Law Firm is encouraging investors of Skye Bioscience, Inc. to secure legal counsel before the January 16, 2026 deadline for a class action lawsuit related to securities purchased between November 4, 2024, and October 3, 2025 [2][3]. Group 1: Class Action Details - Investors who purchased Skye securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 16, 2026 [4]. - The lawsuit alleges that defendants made materially false and misleading statements regarding Skye's business and the effectiveness of its product, nimacimab, which led to investor damages when the truth was revealed [6]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [5]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [5].