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Lode Gold Initiates Permit Process For Surface Drilling At Fremont Gold Mine
Thenewswire· 2026-02-13 22:05
Core Viewpoint - Lode Gold Resources Inc is advancing its Fremont Gold Mine project by engaging a legal and permitting advisory group to facilitate the permitting process for an imminent drill program in Mariposa County, California [1] Drilling Program - The permit application will authorize a program of ten surface drill holes totaling approximately 1,500 meters, aimed at supporting technical work for a planned Pre-Feasibility Study (PFS) [2] - The drilling program is designed to collect representative material for updated metallurgical tests and obtain geotechnical data necessary for a rock mechanics study within the mineralized zone [3] - The focus of the proposed drilling is on technical validation rather than resource expansion, aimed at de-risking key engineering parameters for underground mine design as the project progresses toward the PFS stage [4] Corporate Update - Lode Gold is currently in a disagreement with a business partner over certain contractual terms, leading to a Notice of Claim filed by the partner seeking compensation; the company believes it has fulfilled its contractual obligations and has retained legal counsel to respond [5] Project Background - The Fremont Gold Mine project is a brownfield site in Mariposa, California, with 43,000 meters drilled, 8,000 channel samples, 14 adits, and 2 shafts; mining was halted in 1942 due to a gold mining prohibition during World War II [7] - The project has a Preliminary Economic Assessment (PEA) completed in 2023, based on 1 million ounces (M&I) and 2 million ounces (Inferred), with an updated Mineral Resource Estimate (MRE) in 2025 indicating that 92% of the ounces remain unmined [7]
Discovery Harbour Resources Announces Agreement for Sale of Shares
Thenewswire· 2026-02-13 22:00
Core Viewpoint - Discovery Harbour Resources Corp. has entered into an agreement to sell its minority shareholding in UVAD Technologies Inc. for proceeds of $297,000, indicating a strategic divestment from a non-core investment asset [1][2]. Group 1: Transaction Details - The sale of shares is valued at $297,000 and is classified as an arm's length transaction, meaning it is conducted between parties with no prior relationship [1][3]. - The shares were originally acquired in 2011 as part of a debt settlement and are considered a passive investment unrelated to the company's current focus on mineral properties [2]. - The transaction is subject to approval from the TSX Venture Exchange and requires disinterested shareholder approval along with other customary closing conditions [3]. Group 2: Company Focus - Discovery Harbour Resources Corp. is primarily engaged in sourcing, exploring, and developing mineral properties in mining-friendly jurisdictions, highlighting its commitment to its core business [2].
Infinitum Amends Proposed Share Consolidation Ratio
Thenewswire· 2026-02-12 21:40
Core Viewpoint - Infinitum Copper Corp. has amended its proposed share consolidation ratio from ten pre-consolidation shares for one post-consolidation share to eight pre-consolidation shares for one post-consolidation share, pending acceptance by the TSX Venture Exchange [1][2]. Company Overview - Infinitum Copper Corp. is a Canadian junior exploration company focused on advancing near-term copper projects in the Americas, aiming for disciplined growth through the discovery, acquisition, and responsible development of scalable copper assets to create long-term shareholder value [5].
URZ3 Energy Corp. Engages i2i Marketing Group, LLC for Digital Media and Capital Markets Communications
Thenewswire· 2026-02-12 18:15
Core Viewpoint - URZ3 Energy Corp. has engaged i2i Marketing Group to enhance its digital media presence and investor engagement, starting February 12, 2026 [1][2]. Group 1: Engagement Details - i2i will provide corporate marketing and investor awareness services, including content creation management, author sourcing, project management, and media distribution [2]. - The initial engagement period with i2i is three months, with an option for extension, and the company will pay i2i US$250,000 in advance for these services [3]. Group 2: Company Overview - URZ3 Energy Corp. focuses on the acquisition and exploration of uranium properties in North America, aiming to meet the increasing demand for uranium as a clean energy resource [4]. - The company leverages its team's extensive experience in ISR uranium exploration, development, and production [4].
Homeland Nickel Announces Homeland Share Distribution by Noble Mineral Exploration Inc.
Thenewswire· 2026-02-12 17:00
Group 1 - Homeland Nickel Inc. announces a distribution of 9,000,000 common shares through a plan of arrangement approved by Noble Mineral Exploration Inc. [1] - The share distribution is based pro rata on Noble shareholdings and requires approval from Noble shareholders at a special meeting scheduled for May 7, 2026 [2] - Homeland Nickel is focused on critical metal resources with nine nickel projects in Oregon and copper and gold projects in Newfoundland, Canada [2] Group 2 - Homeland Nickel holds a significant portfolio of mining securities, including 442,000 shares of Canada Nickel Company Inc., 9.960 million shares of Noble Mineral Exploration Inc., 11.447 million shares of Benton Resources Inc., 81,150 shares of Vinland Lithium Inc., and 2.761 million shares of Magna Terra Minerals Inc. [2] - Homeland Nickel's common shares trade on the TSX Venture Exchange under the symbol "SHL" [2]
Noble Announces Plan to Distribute Shares of Homeland Nickel Inc. by Plan of Arrangement; Calls Special Shareholder Meeting for May 7, 2026
Thenewswire· 2026-02-12 15:55
Toronto, Ontario – TheNewswire - February 12, 2026 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V: NOB, FRANKFURT: NB7, OTCQB.PK:NLPXF) announced that its Board of Directors has approved moving ahead with steps that would result in a distribution (the “Distribution”) of 9,000,000 common shares of Homeland Nickel Inc. (trading symbol TSX-V: SHL, OTC: SRCGF) (“Homeland”) to the shareholders of the Company. The Board of Directors has approved the implementation of the Distribution through ...
Enerev5 Metals Inc. Announces the Appointment of Douglas Flett as Director and Adoption of Long Term Incentive Plan
Thenewswire· 2026-02-12 15:00
Toronto, Ontario – TheNewswire - February 12, 2026 – Enerev5 Metals Inc. (TSX-V: ENEV) (“Enerev5” or the “Company”) is pleased to announce the appointment of Douglas M. Flett, J.D. to the board of directors of the Company. Mr. Flett is a lawyer and mining executive with more than two decades of board experience in the resource sector. He has served as a director of Canada Chrome Company (formerly KWG Resources Inc.) since 2006 and as a director of Silver Elephant Mining Corp. since 2023. He is a former di ...
VSBLTY Announces 2024 and Q3 2025 Financial Results
Thenewswire· 2026-02-12 14:00
Core Insights - The company reported a revenue of $1.4 million for fiscal 2024, marking a 66% increase compared to fiscal 2023 [1] - The operating loss for 2024 was $5.4 million, reduced from $8.9 million in the previous year, due to increased revenue and significant cost reductions [2] - The company achieved its first gross profit of $61,239 in 2024, with improved gross margins driven by cost rationalization and a higher-margin software revenue mix [3] Fiscal 2025 Performance - For the nine months ended September 30, 2025, the company reported revenue of $1,857,932, a 92% increase year-over-year compared to $967,651 in the same period of 2024 [4] - Revenue for the first nine months of 2025 has already surpassed the full-year revenue of 2024, indicating strong commercial traction [4] - The net loss for the nine-month period was $4,956,684, slightly higher than the $4,714,868 loss in the prior-year period, reflecting ongoing investments in revenue expansion and product development [4] Cost Structure and Operational Efficiency - The current cost structure is significantly lower than in previous years, allowing for more efficient translation of incremental revenue growth into operating leverage [5] - The company has implemented a disciplined expense reduction program, streamlining operations and renegotiating vendor relationships [3] Management Commentary - The CEO highlighted the completion of the 2024 audit and the establishment of a stronger operational discipline, which has lowered the operating break-even threshold and positioned the company for scalable growth [5] - The generation of the first gross profit and strong revenue acceleration in 2025 validate the company's strategic focus [6] Industry Outlook - There is a growing global demand for AI-enabled security infrastructure and data-driven retail media, as governments and enterprises seek real-time operational intelligence [7] - The company's integrated edge-to-cloud AI architecture places it at the intersection of physical security and digital intelligence, with expectations for a stronger revenue profile in 2026 as major deployments advance [8]
First Tellurium Subsidiary PyroDelta Energy Launches Manufacturing of Game-Changing Thermoelectric Crystals
Thenewswire· 2026-02-12 12:30
Core Viewpoint - First Tellurium Corp. announces that its subsidiary PyroDelta Energy Corp. will produce high-end bismuth telluride crystals using a proprietary Capillary Casting process, which aims to set new industry standards in the thermoelectric manufacturing sector [2][3]. Company Overview - First Tellurium Corp. operates with a unique business model focused on mineral discovery, project development, and the advancement of tellurium-based technologies [11]. Product Innovation - PyroDelta's Capillary Casting process allows for the creation of custom-designed, defect-free bismuth telluride crystals that are highly conductive and robust, addressing long-standing supply vulnerabilities and inefficiencies in the thermoelectric industry [2][3][5]. - The new crystals can be molded into various shapes without cutting or soldering, resulting in higher conductivity and lower resistivity compared to existing products on the market [5]. Market Opportunities - The thermoelectric tubes developed through the Capillary Casting process open new markets, particularly in AI and crypto mining data centers, as well as in solar power applications [6][8]. - PyroDelta is in discussions with data center providers to expand its market presence in these high-value applications [8]. Competitive Advantage - The proprietary process not only enhances the quality and flexibility of the crystals but also reduces manufacturing costs and allows for new design possibilities in thermoelectric devices [5][6]. - PyroDelta sources its raw materials from reliable North American suppliers, mitigating risks associated with import restrictions and shortages [3]. Research and Development - The company has focused its R&D efforts on high-value applications, including a pilot program for supplying supplemental power to high-payload drones, showcasing the efficiency of its thermoelectric generators [9][10].
Grafton Resources Starts Heliborne Mobile MT Geophysical Survey at Alicahue Gold-Copper Project, Chile
Thenewswire· 2026-02-12 12:00
Core Viewpoint - Grafton Resources Inc. has initiated an 80 line-kilometre MobileMT heliborne survey at the Alicahue Gold-Copper Project in Chile, with results expected in March 2026 [1] Group 1: Survey Details - The MobileMT technology will help identify subsurface geological structures and mineral systems, providing insights up to a depth of approximately 1 km to 2 km [2] - The survey aims to create a three-dimensional image of the Alicahue Project area, potentially tracing a porphyry centre and IOCG vein systems [3] Group 2: Company Overview - Grafton Resources is a Canadian exploration company focused on mineral asset discovery and development in the Americas, emphasizing responsible exploration and community partnerships [4]