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Lexston Issues 75,000 Shares Pursuant to the Dory Property Option Agreement
Thenewswire· 2025-08-07 16:40
Core Points - Lexston Mining Corporation has issued 75,000 common shares to acquire the remaining 49% interest in the Dory Property as per the Dory Property Option Agreement [1][2] - The company has made a cash payment of $10,000 and is required to incur $100,000 in exploration expenditures by October 19, 2025 to complete the acquisition [2] - The Dory Property spans 1,348 hectares and is located 25 km west of Port Alberni, British Columbia, with potential resources including copper, gold, and zinc [3] Financial Details - The total number of common shares issued and outstanding by the company is now 14,793,304 [3] - The newly issued shares are subject to a statutory hold period of four months and one day, expiring on December 8, 2025 [3]
West Red Lake Gold Generates July Gold Sales of CND $16.4 Million in Madsen Mine Ramp-up Phase
Thenewswire· 2025-08-07 15:00
Vancouver, BC – TheNewswire - August 7, 2025 – Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On August 6, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) provided an update on ramp-up activities at the Madsen Mine in Red Lake, Ontario. In July 2025, three gold pours were made at Madsen, producing a total of 3,800 ounces of gold. Of that, 3,595 ounces were sold at an average price of US$3,320 per oz, which generated CND $16.4 million in revenue. The company c ...
Adamera Identifies New Gold Prospect on the South Hedley Property in British Columbia
Thenewswire· 2025-08-07 12:05
Vancouver, British Columbia – TheNewswire - August 7, 2025 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") announces it is delineating areas on the 18,714-hectare South Hedley Property in B.C. that warrant detailed exploration. Work on one area, the Max Prospect, currently commands the highest priority. The Max Prospect is located in the northwest portion of the 100% owned property, between Whistle and Smith Creeks. The site is unexplored, having been identified from reconnais ...
Rackla Metals Provides Update on Continuing Drilling at Grad Property, NWT
Thenewswire· 2025-08-07 11:00
Vancouver, British Columbia – TheNewswire - August 7, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the "Company") is pleased to announce that the Company is making good progress on its 2025 exploration program in western NWT, including the planned 4,000 drill program on the Grad property. As of August 5, 2,058 m have been drilled with 5 holes completed and hole G25-006 currently underway. With a single drill rig on the property, we are averaging approximately 50m per shift (100m per day) with the rig turning 24/ ...
Element79 Gold Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed
Thenewswire· 2025-08-06 13:00
Core Insights - Element79 Gold Corp has engaged Rangefront Mining Services to prepare a National Instrument 43-101 Technical Report for its Gold Mountain Project in Nevada [1][10] - The site visit conducted by Rangefront's Principal Geologist, Mr. Steven L. McMillin, included inspections of historic adits, surface sampling zones, and geological structures [2] - The Gold Mountain Project consists of 34 unpatented lode claims covering approximately 702 acres, located 13 kilometers southwest of Battle Mountain, Nevada [9][13] Engagement and Site Visit - Rangefront Mining Services will validate data integrity and support the development of the NI 43-101 Property of Merit report [2] - The site visit included comprehensive fieldwork to assess the geological potential of the Gold Mountain property [2][3] - Photos from the site visit highlight key geological features that demonstrate the property's potential [3] Project Details - The Gold Mountain Project was acquired by Element79 Gold Corp on August 1, 2025, and is situated in an area known for high-grade gold-silver mineralization [9][13] - The company aims to compile and digitize historical exploration data alongside 2023 surface sampling results as part of ongoing technical work [9] - The completed NI 43-101 Technical Report is expected to be filed during Q3 2025 [10] Company Overview - Element79 Gold Corp focuses on gold and silver exploration, with assets in Nevada and Peru [13] - The company is advancing its Elephant project in the Battle Mountain trend and has acquired the drill-ready Gold Mountain project [13] - Element79 Gold is listed on the Canadian Securities Exchange, Frankfurt Stock Exchange, and OTC QB market [13]
WesCan Energy Announces Loan Transaction
Thenewswire· 2025-08-06 12:50
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES August 6, 2025 – TheNewswire - Calgary, Alberta WesCan Energy Corp. (TSXV: WCE) (“WesCan” or the “Company”) announces that it has entered into a loan arrangement with a numbered British Columbia company (the “Lender”) whereby the Lender will provide a loan to the Company (the “Loan”). Under the terms of the Loan, the Lender will provide a loan financing amount of $2,000,000 for ...
New Age Metals Increases its Ownership in MetalQuest Mining
Thenewswire· 2025-08-06 12:10
Core Viewpoint - New Age Metals Inc. (NAM) is increasing its stake in MetalQuest Mining Inc. (MQM) to enhance its strategic investment in critical metals, particularly high-purity iron ore, which is deemed essential for future steel production [1][2][3] Group 1: Investment Details - NAM's ownership in MQM has risen from 6.44% to 19.05% on a post-conversion beneficial ownership basis, and undiluted ownership increased from 6.44% to 12.79% [2] - The investment will support MQM's Go-Forward Plan, with AtkinsRéalis contracted to conduct a gap analysis for the Lac Otelnuk Iron Ore Project [3][8] - The funds for this investment were sourced from NAM's stock account, ensuring that the capital for core exploration and development programs remains intact [4] Group 2: Project Overview - The Lac Otelnuk Iron Ore Project is one of North America's largest undeveloped iron ore deposits, with an estimated 20 billion tonnes of iron ore in the measured and indicated category and approximately 6 billion tonnes in the inferred category [5] - Over $120 million has been invested in the project, which includes extensive drilling and a complete historic Feasibility Study conducted in 2015 [5] - The project is strategically positioned to supply Direct Reduction (DR)-grade iron ore, aligning with the rising global demand for cleaner steel inputs [7] Group 3: Market Context - The iron ore industry has faced challenges, but significant investments have been made in the Labrador Trough region in 2025, with Vale and Nippon Steel committing substantial funds to iron ore projects [3] - The investment in MQM allows NAM to further diversify its portfolio in critical metals, which now includes high-purity iron ore as its fourth critical metal [10]
Leocor Mining Drills 28.5 g/t Au over 0.4m at Dorset Gold Project, Baie Verte, Newfoundland
Thenewswire· 2025-08-06 12:00
Figure 1. Samples 229763 and 229764 in hole 25-DR-005 which ran 0.12 g/t Au and 1.13 g/t Au respectively for a length weighted composite of 0.67g/t over 1.1m from 42.5m downhole Figure 2. Sample 229771 in hole 25-DR-005 which ran 28.5g/t Au over 0.4m drilled length. Vancouver, British Columbia – TheNewswire - August 6, 2025 - Leocor Mining Inc. (the "Company" or "Leocor") (CSE: LECR, OTCQB: LECRF; Frankfurt: LGO0) (formerly Leocor Gold Inc.), a junior resource company focussed on the exploration and develop ...
Aztec Samples up to 15.6 gpt Gold & 177.3 gpt Silver at the Cervantes Project, Sonora, Mexico; Surface Exploration Program Outlines Multiple Strong Precious Metals Targets
Thenewswire· 2025-08-06 11:00
News Release - Vancouver, Canada – TheNewswire - August 6, 2025 - Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) ("Aztec" or the "Company") announces results from the initial phase of its 2025 exploration program at the Cervantes porphyry gold-copper project in Sonora, Mexico. Click Image To View Full Size Aztec has now completed an initial phase of its 2025 surface exploration program comprised of reconnaissance outcrop sampling and geological mapping of several targets at the 3,649 hectare, 100%-owned pr ...
Arizona Gold & Silver Intersects 14.5 Grams Per Tonne Gold Within 22.26 Metres (73 Feet) of 4.24 GPT Gold At Philadelphia Project, Arizona
Thenewswire· 2025-08-06 11:00
Vancouver, British Columbia, August 6, 2025 – TheNewswire - Arizona Gold & Silver Inc.(TSXV: AZS) (OTCQB: AZASF) is very pleased to announce further positive results from the on-going core drilling program at the Philadelphia Project. Highlights include 14.5 g/t over 1.52 meters within 4.24 g/t over 22.26 meters. Results from core hole PC25-155 demonstrate continuity of impressive vein thickness and an increase in grade as drilling progresses down dip on the vein. | Core Hole PC25-155 | | --- | Mike Stark r ...