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Universal Ibogaine Provides Corporate Update
Thenewswire· 2025-10-28 12:05
Core Insights - Universal Ibogaine Inc. has temporarily closed its Kelburn Recovery Centre as part of a restructuring process aimed at exploring financing options, including potential sale or leasing of the property [1][2] - The company remains focused on its primary mission to obtain approval for ibogaine use through a planned clinical trial targeting opioid use disorder, with intentions to expand treatment protocols globally [2][3] Company Overview - Universal Ibogaine Inc. is a life sciences company dedicated to transforming addiction treatment using medicalized ibogaine, with a focus on opioid use disorder [3] - The company aims to revolutionize addiction treatment and improve the lives of individuals and families affected by addiction through planned clinical trials and future licensing agreements [3]
Silver North's Veronica Property Yields Silver Discovery at Betty Target
Thenewswire· 2025-10-28 11:30
Core Insights - Silver North Resources Ltd. announced positive analytical results from the 2025 field exploration program at the Veronica Property, indicating the potential for significant silver mineralization [1][2][5] Exploration Results - The 2025 exploration program expanded the previously identified Betty target's soil geochemical anomaly from 450 m by 450 m to over 1 km by 1 km, revealing a multi-element anomaly of silver, lead, and zinc [2][5] - High-grade silver mineralization was discovered, including float cobbles with silver grades of 2,860 g/t and 213 g/t, marking the first silver-bearing mineralization found at the Veronica property [3][5] Geological Context - The exploration results suggest the potential for Carbonate Replacement Deposit (CRD) style mineralization at Veronica, similar to that found at Coeur Mining's Silvertip Mine located 12 km south [2][5] - Geological mapping indicates the preservation of prospective stratigraphy known for hosting high-grade silver-lead-zinc mineralization [7] Program Details - The exploration program was partially funded by a grant from the Government of Yukon, allowing for up to $30,000 in qualifying exploration expenditures [8] - A total of 453 soil samples and 26 rock samples were collected during the eight-day program, which included prospecting, mapping, and hand trenching [8][12] Location and Strategic Importance - The Veronica claims are part of the GDR project, located adjacent to the Tim Property, which is under option to Coeur Mining, targeting high-grade silver-lead-zinc mineralization [9][19]
Generation Uranium Expands Yath Project with Strategic Property Acquisition
Thenewswire· 2025-10-28 11:30
Core Insights - Generation Uranium Inc. has acquired the Yath Extension Property, enhancing its presence in the Angilak Uranium District of Nunavut [1][2] - The acquisition adds 4,123.94 hectares, bringing the total size of the Yath Project to approximately 18,214.87 hectares [2] - The Yath Extension property is underlain by Archean basement rocks known for uranium-copper mineralization, with historical evidence of high-grade mineralized shears and fractures [3] Geological Highlights - The Yath Extension property features quartz-vein stockworks and brecciated zones, indicating potential for high-grade mineralization [3] - Significant mineralization includes calcite, pitchblende, hematite, pyrite, and chalcopyrite, with notable samples showing 0.188% U₃O₈ and 0.52% U₃O₈ [7] - A float sample exhibited a sodium-rich alteration signature, indicating further exploration potential [7] Strategic Significance - The acquisition strengthens Generation's control over key structural corridors in the Yath Basin, aligning with its goal to advance high-priority exploration targets [6] - CEO Chris Huggins emphasized that the acquisition expands the Yath Project and enhances the company's strategic position within Nunavut's uranium belt [7] Transaction Summary - The vendors will receive 20,000,000 common shares and a cash payment of $60,000 upon closing, along with a 2% Net Smelter Return royalty [12] - The completion of the transaction is subject to TSX Venture Exchange approval and applicable resale restrictions [12] Company Overview - Generation Uranium is a Canadian resource exploration company focused on uranium, advancing its 100% owned Yath uranium project in Nunavut's Angilak district [9] - The company is positioned to contribute to the future supply of clean nuclear energy through its robust pipeline of high-priority exploration targets [9]
CHARBONE Announces the Official Start of Civil Construction Work in Sorel-Tracy, in Line with the Announced Schedule
Thenewswire· 2025-10-28 11:25
Core Points - CHARBONE CORPORATION has officially commenced civil construction work for its first clean Ultra High Purity hydrogen production module in Quebec as of October 27, 2025 [1][2] - The construction phase includes preparation of technical infrastructure and installation of foundations for the main equipment, which was delivered earlier this month [2] - The CEO of CHARBONE expressed pride in the project's progress and emphasized the importance of local, decarbonized clean hydrogen production in Quebec, with commissioning expected in November [3] Company Overview - CHARBONE is an integrated company focused on clean Ultra High Purity hydrogen and strategic distribution of industrial gases in North America and Asia-Pacific [4] - The company employs a modular approach to build a distributed network of green hydrogen production plants while diversifying revenue through helium and specialty gas partnerships [4] - This business model aims to reduce risk, enhance flexibility, and position CHARBONE as a leader in the transition to a low-carbon future [4]
CHARBONE annonce le debut officiel des travaux de construction civil a Sorel-Tracy, conformement a l'echeancier annonce
Thenewswire· 2025-10-28 11:25
Core Points - Corporation Charbone has officially begun civil construction work on its clean Ultra High Purity (UHP) hydrogen production facility in Sorel-Tracy, Quebec, as scheduled [1][2] - This milestone marks the start of the construction phase for the first UHP hydrogen production module in Quebec, focusing on preparing technical infrastructure and laying foundations for the main equipment [2] - The CEO of Charbone expressed pride in the project's progress, emphasizing the commitment of the teams and partners, and highlighted the goal of local, decarbonized hydrogen production with a planned commissioning in November [3] Company Overview - Charbone is an integrated company specializing in clean Ultra High Purity (UHP) hydrogen and strategic industrial gas distribution in North America and Asia-Pacific [4] - The company is developing a modular green hydrogen production network while partnering with industry players to offer helium and other specialized gases without the need for costly new plants, which diversifies revenue, reduces risks, and increases flexibility [4] - Charbone is publicly traded on the TSX Venture Exchange (TSXV: CH), OTCQB (OTCQB: CHHYF), and Frankfurt Stock Exchange (FSE: K47) [4]
Happy Creek Completes 2025 Drill Program at the Fox Tungsten Project in British Columbia
Thenewswire· 2025-10-28 11:00
Core Insights - Happy Creek Minerals Ltd. has completed the first tranche of drilling at the Fox Tungsten Project, with significant mineralization observed in all 18 drill holes [1][3] - The deeper drilling at the BN Zone has intersected two thick zones of calc silicate, indicating multiple mineralized horizons at depth that remain open [1][3] Fox Project - 2025 Exploration Program - From September 5 to October 5, 2025, the company completed 18 diamond core drill holes totaling 2,175.5 metres, focusing on resource expansion at the RC and BN zones [1][3] - All drill holes intersected calc silicate, the main host rock for tungsten mineralization, with variable concentrations of scheelite observed [3][4] - Drilling at the RC south zone has expanded the calc silicate horizon to the southwest and is open to the west beneath Deception Mountain [3][9] RC Zone Details - The RC zone measures approximately 400 metres by 175 metres and is a gently dipping tabular body with thickness ranging from 5 to 25 metres [5] - A total of 14 diamond core drill holes were completed at the RC zone, totaling 1,304.5 metres drilled, with an average hole depth of approximately 92 metres [6][7] - The drilling confirmed geological continuity of the calc silicate from surface to approximately 50 metres in thickness westward, expanding it 250 metres southward towards the BN zone [9] BN Zone Details - The BN zone consists of three stacked calc silicate horizons, with the middle horizon being the best defined and containing most of the current resource [12][13] - Four diamond core drill holes were completed at the BN zone, totaling 871.0 metres drilled, with an average hole depth of approximately 218 metres [14] - Drillholes intersected multiple horizons of calc silicate, supporting the model of stacked horizons at depth, indicating potential for mineralization to be open to the north and northwest [15][16] Resource Estimates - The 2018 NI43-101 Resource Estimate for the Fox Tungsten Project included an Indicated Resource of 582,400 tonnes at 0.826% WO3 and an Inferred Resource of 565,400 tonnes at 1.231% WO3 [2][20] - The current drilling program aims to further define and expand these resources, with selected core intervals sent for assay [10][16] Future Plans - The company plans follow-up drilling between the RC and BN zones, at the BK zone, and to the west beneath Deception Mountain, as well as conducting more geological and surface work [25]
TSX-V: TT Closes Acquisition of High Lake and West Hawk Lake from McFarlane Lake Mining and Closing of Final Tranche of Non-Brokered Private Placement
Thenewswire· 2025-10-28 11:00
Core Viewpoint - Total Metals Corp. has successfully closed the acquisition of the High Lake and West Hawk Lake projects from McFarlane Lake Mining Corporation for CAD $9.25 million, which includes a historic mineral resource estimate of over 300,000 ounces of gold, indicating significant exploration potential and strategic advantages in processing and infrastructure [1][2][3]. Acquisition Details - The acquisition was completed for a total consideration of CAD $9.25 million, paid through the issuance of 3,333,333 common shares at a deemed price of CAD $0.60 per share [5]. - The projects are located in a mining-friendly jurisdiction with established infrastructure, which supports manageable costs and timelines for exploration and development [6]. - The High Lake project has a NI 43-101 compliant mineral resource with high grades and multiple high-grade drill intercepts, while West Hawk Lake has a history of underground development and recent drilling [3][6]. Financial Aspects - The company has closed a second tranche of a non-brokered private placement financing, raising a total of CAD $10 million, which will be allocated towards the acquisition, exploration activities, and working capital [9][11]. - Following the financing, Total Metals will have approximately CAD $10.4 million in available cash [11]. Strategic Implications - The acquisition is expected to enhance Total Metals' growth potential through exploration drilling and the possibility of toll-milling partnerships to process higher-grade ore, thus avoiding the need for costly on-site processing facilities [2][3]. - The proximity of the projects allows for shared infrastructure and centralized processing, which supports a scalable development pathway [3][6]. Regulatory Compliance - The company is required to file a technical report in compliance with National Instrument 43-101 within 45 days of the acquisition [7][8].
GSP Samples 348 g/t Silver and 12% Copper at New, Near Mine, Expansion Targets at Alwin Mine and Mer Properties
Thenewswire· 2025-10-28 11:00
Core Insights - GSP Resource Corp. has announced initial rush assay results from its Fall 2025 geological reconnaissance targeting program at the Mer Porphyry and Al conductor targets, including a newly discovered high-grade silver-copper Apex target within the Alwin Mine Zone [1][2] Exploration Details - The 2025 exploration program involved the collection of 60 surface rock outcrop and float samples, along with 204 targeted grid soil samples, marking the first surface work on expansionary exploration targets outside the Alwin Mine resource area since 2008 [2] - Historic exploration at the Alwin Mine occurred primarily during the 1960s to 1980s, with recent logging and road construction improving access to these historic sites [2] Historic Data and New Targets - Compilation of historic data for the Mer porphyry and Apex targets indicates significant near-mine exploration potential [3] - At the Mer site, diamond and percussion drilling from the 1970s and extensive trenching were re-located, with sampling of mineralized granodiorite and establishment of a detailed soil grid to expand potential drilling targets [4] - The Apex Zone, rediscovered 40 meters from a modern logging road, had historic diamond drill logs from 1977 that documented a mineralized alteration zone [5] Assay Results - Rush surface sample assays from the new targets revealed high grades, including 348 g/t silver and 12% copper from the Apex Zone, and additional notable results from the Alwin Mine and nearby historic trenches [6][7] - Specific assay results include: - 348 g/t Ag and 11.85% Cu from trench samples at Apex - 5.5% Cu and 35 g/t Ag from Alwin Mine outcrop - 2.58% Cu from Little OK Lake float samples [7][8] Methodology and Quality Control - The analytical work was performed by ALS Global, an accredited geoanalytical laboratory, ensuring quality control through standard, blank, and duplicate samples [10][11] - The company reported no significant QA/QC issues during the review of the data [13] Company Overview - GSP Resource Corp. is focused on mineral exploration and development in Southwestern British Columbia, owning 100% interest in the Alwin Mine Copper-Gold-Silver Property and the Mer Property [14]
Zonte Metals Discovers Copper and Silver Mineralization at N Dunns Target, Updates Drill Targets at Cross Hills Copper Project.
Thenewswire· 2025-10-28 10:30
Core Insights - Zonte Metals Inc. has made significant advancements in its Cross Hills Copper Project, including the discovery of copper and silver mineralization at the N Dunns target and the progression of multiple large-scale IOCG targets towards drill testing [1][7]. Exploration Progress - Over the past seven years, Zonte has transformed the Cross Hills Copper Project from an early-stage property into a district-scale IOCG system with nine large, drill-ready targets [2]. - Approximately $5 million has been invested in systematic exploration, including geophysics, geochemistry, and geological mapping, enhancing the project's attractiveness to mining companies [4]. Geophysical Findings - Recent high-resolution gravity surveys have identified strong, deep-seated anomalies that may represent mineralized systems, with dimensions reaching up to 3,300 meters in length, 600 meters wide, and 1,000 meters in depth [3]. - The N Dunns target, a large geophysical anomaly, measures up to 3,300 meters in length and 400-600 meters wide, with IOCG-style mineralization observed at the surface [5]. Mineralization Discovery - Surface copper-silver mineralization was found in narrow veins (2-15 cm wide) at the N Dunns target, with assay results showing 0.5% Cu and 14.3 g/t Ag [5]. - The presence of new surface drill hole discoveries confirms a fertile, copper-bearing hydrothermal system [8]. Future Plans - The N Dunns target will advance to the drill stage, with further exploration planned to include infill and extensions to both soil and gravity grids [6]. - The CEO of Zonte Metals emphasized the project's IOCG potential and the importance of transitioning into the drill phase to unlock the value of this underexplored district [7].
LAURION Launches 1,700-Metre Follow-Up Drill Program to Delineate and Expand Near-Surface Gold and Base-Metal Zones at Ishkoday
Thenewswire· 2025-10-28 09:00
Core Viewpoint - LAURION Mineral Exploration Inc. has initiated a 1,700-metre diamond drill program at its 100%-owned Ishkōday Project, aiming to explore previously reported gold and base metal zones, enhancing resource definition and valuation growth [1][6]. Exploration Program - The current drill program is designed to follow up on gold and base metal-bearing zones identified in the A-Zone and McLeod Zones, which are part of a broader mineralization corridor [2][5]. - The A-Zone and McLeod Zone are noted as under-explored areas with consistent gold and zinc-rich mineralization [3][4]. Previous Drill Highlights - Significant gold intercepts from previous drill programs include: - 7.50 m @ 0.90 g/t Au, 35 g/t Ag, 0.53% Cu, and 5.71% Zn - 12.84 m @ 3.31 g/t Au - 2.62 m @ 11.98 g/t Au [3][4]. Future Plans - LAURION plans to expand its drilling campaign to 7,000 – 10,000 metres in 2026, focusing on near-surface resource definition and deeper extensions beneath the Sturgeon River and Brenbar mine areas [7][8]. - The upcoming drilling will support the technical foundation for future resource growth and valuation enhancement strategies [8]. Company Overview - LAURION is a mid-stage junior mineral exploration and development company, primarily focused on the Ishkōday Project, which spans 57 km² and is rich in gold and base metals [10][11]. - The company aims to maximize shareholder value through its exploration activities and has become a potential acquisition target due to its advancements [12].