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Group Eleven Drills New Mineralized Zone South of Main Discovery Trend at Ballywire, Returning 7.3m of 5.2% Zn+Pb, 10 g/t Ag (from 326m), Incl. 3.8m of 7.3% Zn+Pb, 14 g/t Ag
Newsfile· 2025-12-02 11:00
Core Insights - Group Eleven Resources Corp. announced positive drilling results from the Ballywire discovery, revealing unexpected robust Zn-Pb-Ag mineralization south of the main discovery trend, which enhances the potential for additional mineralized zones [3][10] - The company is currently conducting an ambitious drilling campaign with four rigs operating in Ireland, aiming to unlock the full potential of the Ballywire project [3][26] Drilling Results - The latest drill hole 25-3552-47 intersected four zones of mineralization, including: - New Mineralized Zone (South) with 20.3m of 2.6% Zn+Pb, including 7.3m of 5.2% Zn+Pb and 10 g/t Ag [4][12] - Deeper Cu-Ag Zone with 11.3m of 0.26% Cu and 8 g/t Ag [4][12] - Drill hole 25-3552-45 also reported significant mineralization along a fault structure, indicating strong exploration potential further along the section [11][15] Exploration Potential - The exploration upside at Ballywire is significant, with the majority of the 6km long prospective trend yet to be drilled, suggesting a robust future for mineral discovery [3][10] - The company has completed or is near completion of thirteen new holes, indicating ongoing exploration efforts [16][17] Company Background - Group Eleven Resources Corp. is recognized for the Ballywire discovery, which is considered the most significant mineral discovery in Ireland in over a decade, with high grades of zinc, lead, silver, and copper [26][27] - The company has a strong treasury and is well-positioned to continue its exploration activities [3][10]
Nexus Executes Agreement to Acquire 100% Interest in Chord Uranium Project
Newsfile· 2025-12-02 11:00
Core Viewpoint - Nexus Uranium Corp. has executed an agreement to acquire a 100% interest in the Chord uranium project, enhancing its position in the uranium sector amid increasing demand for domestic uranium resources in the U.S. [1][3] Acquisition Details - The Chord Property consists of 3,640 wholly owned acres located in Fall River County, South Dakota, and contains inferred mineral resources of 2.75 million pounds of U₃O₈ at an average grade of 810 ppm [2][4] - The acquisition involves a total payment of US$100,000 in cash and the issuance of 250,000 common shares to the vendors, who will retain a 1.0% net smelter returns royalty on future production [4][5] Strategic Importance - The acquisition consolidates Nexus's land position in a historically productive uranium district, which is favorable for sandstone-hosted uranium mineralization [2] - The U.S. government's designation of uranium as a critical mineral underscores the importance of domestic uranium projects for energy security [3] Future Plans - Nexus plans to demonstrate the extension of mineralization south of the known October-Jinx mineralization and evaluate the potential for in-situ recovery (ISR) with an upcoming exploration and drilling program expected to start in early 2026 [2][3]
Blackrock Silver Announces Final Assays from Eastern Expansion Drill Program at Tonopah West
Newsfile· 2025-12-02 11:00
Core Insights - Blackrock Silver Corp. has announced the final results from its Eastern Expansion Drill Program at the Tonopah West project, revealing several mineralized northwest structures with shallow mineralization over a 1.2-kilometre trend [2][3][5] Summary by Sections Eastern Expansion Program Highlights - The Eastern Expansion Program was fully funded and aimed at expanding the resource area at Tonopah West, which is 100% owned by the company [2][3] - The program commenced in July 2025 and involved a total of 6,798 metres drilled across 24 drillholes, with 22 completed [4] Drilling Results - The drilling identified at least three distinct, parallel mineralized zones oriented northwest, suggesting a series of footwall fault splays rather than a singular structure [5][8] - Significant drill results include: - TXC25-173: 0.92 metres of 2,122.7 grams per tonne (g/t) silver equivalent (AgEq) from 220.9 metres [5] - TXC25-178: 6.4 metres of 296.6 g/t AgEq, including 0.46 metres of 3,853 g/t AgEq from 183.8 metres [5] - The results will be incorporated into an updated mineral resource estimate and preliminary economic assessment expected by February 2026 [5][6] Mineralization and Structural Insights - The program confirmed the presence of shallow, high-grade, and thick mineralization in the identified structures, indicating potential for further expansion [8][9] - Historical context suggests that the Pittsburg-Monarch fault has been a significant ore control in the district, with the current drilling confirming the importance of its associated structures [8] Quality Assurance and Control - All sampling was conducted under strict supervision, ensuring a chain of custody from the project site to the laboratory for accurate assay results [19][20] Company Overview - Blackrock Silver Corp. is focused on exploration and development of precious metals, particularly in Nevada, with a portfolio that includes low-sulphidation, epithermal gold and silver mineralization [23]
Happy Belly's Smile Tiger Coffee Roasters Signs 20-Unit Area Development Agreement in Ontario
Newsfile· 2025-12-02 11:00
Core Viewpoint - Happy Belly Food Group Inc. has signed an area development agreement to open 20 new franchised locations of its Smile Tiger Coffee Roasters brand in Ontario, expanding its footprint in the quick service coffee and beverage industry [1][3]. Group 1: Company Expansion - The new agreement increases Smile Tiger's committed development pipeline to 45 units, with 25 in British Columbia and 20 in Ontario, contributing to a total of 646 contracted units in development across all brands under Happy Belly [3]. - The expansion is part of Happy Belly's asset-light franchising model, which aims to scale the company effectively [3]. Group 2: Brand Positioning - Smile Tiger Coffee Roasters is positioned as a platform asset with in-house roasting capabilities, consumer-packaged goods (CPG), and white-label offerings, supporting both retail growth and broader coffee needs across the Happy Belly portfolio [5][9]. - The brand's expansion is expected to create cross-selling opportunities and incremental revenue streams by integrating Smile Tiger into existing breakfast, lunch, and dinner concepts [5]. Group 3: Market Potential - The strategic advantages of Smile Tiger, including its exceptional coffee and service, position the company to capitalize on the growing demand in the coffee, tea, bubble tea, energy drink, and refresher markets, which are transforming the quick serve beverage industry across North America [9].
District Identifies Large and Robust Targets from Airborne MobileMT Survey at Malgomaj Alum Shale Property in Sweden
Newsfile· 2025-12-02 07:00
Core Insights - District Metals Corp. has reported positive results from the airborne Mobile Magnetotelluric (MobileMT) survey at its Malgomaj mineral licenses in Sweden, indicating significant geophysical anomalies that may represent mineralized Alum Shales [1][5][11] Summary by Sections Survey Results - The MobileMT survey covered approximately 37,132 hectares and identified six low resistivity (highly conductive) anomalies, which are consistent with the signature observed at the Viken Deposit [5][11] - Target A measures 20.4 km long by up to 5.4 km wide, while Target B is 17.7 km long by up to 4.1 km wide, both interpreted to be Alum Shale [9] Strategic Developments - Based on the survey results, the company has applied for a new mineral license adjacent to the existing Malgomaj mineral license to cover potential extensions of the MobileMT anomaly [2] - The Malgomaj property, along with the Österkälen and Tåsjö licenses, forms part of the company's Alum Shale Properties, covering approximately 79,250 hectares [3] Technical Confidence - The clarity of the newly defined MobileMT conductive anomalies, combined with their favorable structural context, provides a high level of technical confidence for the presence of thick, mineralized Alum Shales [11] - The results represent a significant advancement in the company's strategy to delineate drill-ready targets in an underexplored region rich in various critical raw materials [5][11] Regulatory Context - The Swedish Government has approved the proposal to lift the ban on uranium exploration and mining, with legislation expected to be revised on January 1, 2026, which may enhance the exploration potential for the company [12]
Silver One Provides CEO Update on Its Nevada and Arizona Projects, Southwest USA
Newsfile· 2025-12-02 05:15
Core Viewpoint - Silver One Resources Inc. is advancing its Candelaria project in Nevada directly to a Pre-Feasibility Study (PFS), which is a significant step towards development, while also enhancing its Phoenix Silver project in Arizona, indicating a potentially impactful year ahead in 2026 [2][4]. Candelaria Project - The Candelaria project has an in-ground mineral resource of 108.18 million ounces of silver equivalent in the Measured and Indicated categories and 29.46 million ounces in the Inferred category [3]. - The company is moving towards completing a PFS, which will provide a more detailed and robust evaluation than a Preliminary Economic Assessment (PEA) [4]. - Additional metallurgical testing is planned to optimize gold and silver recoveries, and the heap leach pad resources will be upgraded to Measured and Indicated [4][6]. - Mine planning, production scheduling, and preliminary engineering have been mostly completed, with a resource update of leach pads expected in Q1 2026 [4][7]. Phoenix Silver Project - The Phoenix Silver project is undergoing an Induced Polarization (IP) survey to define copper-silver targets, which has faced delays due to severe weather conditions [8][9]. - The IP survey aims to test two priority porphyry targets in the southern part of the property, which are near significant copper mining operations [9]. - High-grade silver exploration in the 417 area has shown anomalous silver with copper, lead, and zinc values, although extremely high-grade massive silver was not encountered [10][11]. - Ground penetrating radar (GPR) and drone magnetometer surveys are planned to better define silver targets, with potential follow-up gravity surveys if warranted [11][17]. Future Plans - The Pre-Feasibility Study for Candelaria is estimated to be completed in Q2-Q3 2026, with a Plan of Operations scheduled for H2 2026 [16]. - The IP/MT survey at Phoenix Silver is expected to be completed by the end of December 2025, with final interpretations to follow in early 2026 [17].
Enablence Technologies Announces First Quarter 2026 Financial Results
Newsfile· 2025-12-02 04:32
Core Viewpoint - Enablence Technologies Inc. reported a decrease in first-quarter revenue for Fiscal Year 2026, attributed to a one-time correction related to planned manufacturing expansion, but anticipates significant growth in wafer capacity and overall business momentum moving forward [2][5]. Financial Performance - Revenue for the quarter ended September 30, 2025, was $836, a decrease of $382 or 31% compared to $1,218 in the same period last year [5]. - Gross margin reported was $(1,653), declining by $1,096 from $(557) in the previous year, impacted by revenue timing and increased raw material costs [5]. - Net loss increased to $6,350, compared to a net loss of $13,914 in the same period last year, marking a 62% increase driven by investments in R&D and manufacturing capacity [5]. - Comprehensive loss rose to $5,334 from $4,380 in the same period last year, influenced by the strengthening of the USD [5]. - Cash and cash equivalents at the end of the quarter were $2,757, down from $5,004 as of June 30, 2025 [5]. Business Outlook - The company expects monthly wafer starts to grow from 1,500 to over 3,000 by the end of the fiscal year, indicating a strong demand for both legacy and AI products [2]. - Non-communications revenue has exceeded 12% of the business, with growth particularly in AI and LiDAR applications [2]. - The North American module business is experiencing significant growth due to re-shoring initiatives, enhancing supply-chain certainty for U.S. customers [2]. Company Overview - Enablence Technologies Inc. designs, markets, and sells optical chips and subsystems for various applications, including datacom, telecom, automotive, and AI [6]. - The company serves a global customer base and is involved in emerging markets such as medical devices and virtual reality [6].
IC Group Holdings Inc. Announces Amended Private Placement Terms and Updated Closing Timeline
Newsfile· 2025-12-02 04:04
Core Points - IC Group Holdings Inc. has amended the terms of its non-brokered private placement and expects to close the offering around December 12, 2025, pending TSX Venture Exchange approval [1][7] - The company plans to issue up to 8,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $4,000,000 [2][3] - Each unit consists of one common share and one-half of a common share purchase warrant, with the exercise price of the whole warrant reduced from $0.75 to $0.65 for a period of 30 months [2][3] Financial Details - The amended terms include a maximum offering size of $4,000,000 and a unit price of $0.50, which remain unchanged [3] - Eligible finders may receive a cash commission of 6% of the proceeds raised and finder warrants equal to 6% of the number of units sold, exercisable at $0.50 for 30 months [4] Use of Proceeds - The net proceeds from the offering will be used to support sales and marketing expansion, advance technology development in messaging and live engagement platforms, and for general working capital [5] Insider Participation - Certain insiders may participate in the offering, which will be exempt from formal valuation and minority approval requirements as the value does not exceed 25% of the company's market capitalization [6] Company Overview - IC Group Holdings Inc. focuses on transforming brand engagement through live events, social media, and digital platforms, managing technology and financial risks for Fortune 500 brands and over 90 professional sports teams [9]
JHX DEADLINE NOTICE: ROSEN, A LEADING NATIONAL FIRM, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-12-02 03:50
Core Viewpoint - Rosen Law Firm is encouraging investors of James Hardie Industries plc to secure legal counsel before the December 23, 2025 deadline for a securities class action lawsuit related to misleading statements about the company's North America Fiber Cement segment [1][5]. Group 1: Class Action Details - Investors who purchased James Hardie common stock between May 20, 2025, and August 18, 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 potential lead plaintiffs must act by December 23, 2025 [3][5]. - The lawsuit alleges that James Hardie misled investors regarding the strength of its key segment, claiming demand was strong while distributors were actually destocking inventory [5]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms issuing notices may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4].
DXCM DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages DexCom, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DXCM
Newsfile· 2025-12-02 03:32
Core Viewpoint - Rosen Law Firm is reminding investors who purchased DexCom, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought DexCom securities between July 26, 2024, and September 17, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors must act before the lead plaintiff deadline of December 29, 2025 [3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that DexCom made unauthorized design changes to its G6 and G7 continuous glucose monitoring systems, which compromised their reliability and posed health risks to users [5]. - It is claimed that DexCom's public statements regarding the reliability and functionality of these devices were materially false and misleading, leading to increased regulatory scrutiny and potential financial harm [5].